THE HIVE AVON LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS for the year ended 31st December 2024 REGISTERED NUMBER 6694738 CHARITY NUMBER 1126618 THE HIVE AVON LIMITED Index of Financial Statements for the Year Ended 31st December 2024 Contents Pa Company Information Report of the Trustees 2&3 Independent Examiners Report Statement of Financial Activities 5&6 Income and Expenditure Account Balance Sheet Notes to the Accounts 9-13 THE HIVE AVON LIMITED Com an Information as at 31st December 2024 Com an Number: 6694738 Chari Number: 1126618 Chair ersons: Mr. K. Barker Lee Treasurer: Ms. S. Hentail Trustees: Ms. M. Green Mr. A. Hick Mr. A Brittain Ms. G. Loftus Mr. C Clothier istered Office: 322-324 Two Mile Hill Road, Kingswood, Bristol, BS15 1AJ. Bankers: National Westminster Bank PLC. 250 Bishopsgate, London, EC2M 4AA Accountants: CT Sepiices Limited 33 Hopps Road, Kingswood, Bristol BS15 9QQ THE HIVE AVON LIMITED Report of the Trustees For the year ended 31st December 2024. The Trustees (All of whom are also directors of the company for the purposes of Company Law) present their annual report together with accounts of the Society for the year ended 31 $1 of December 2024. Governin document The Society is a registered charity constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association. Trustees are appointed from the Society's committee members who are agreeable to becoming a Trustee and other interested parties. Ob'ects and activities of the chari The objects of the charity are: To improve the lives and opportunities of children and adults with a learning disability, their parents and carers in South Gloucestershire, Bristol and surrounding areas. We aim to do this". By working with the learning disabled community, to help them lead independent lives, by supporting them to live as they choose and to promote independence. Also by encouraging them to play a full and active part of the community in which they live. By including the learning disabled community in decisions about their lives, as we believe that every person has the right to make informed chol￿S and have equal access to ServI￿S and opportunities and will ensure that everything we do is centred around their inclusion within society. By valuing everyone's contribution, by actively promoting the value that the learning disabled community can play within society and that we as a charity includes the wishes and feelings of its members. By empowering people to make their own chol￿S and to have control over their own lives by ensuring that they understand their choices, express their views and play an active part in the decisions that affect their lives and defending the rights of the learning disabled community and ensuring their voices are heard. anisation The charity is administered by the Trustees and the other committee members who meet regularly during the year. The purpose of the committee meetings is to enable the activities of the Society to be monitored, to establish policy and to ensure a clear direction for the Society. Day to day management is delegated to the Society's paid staff managed by the Society's Chief Executive Officer, who works under the direction of the committee. A large sum is also classified as "Restricted Funds" as the money was given for to the charity for specific purposes and must be used for those purposes only. Review of Activities Review of Activities.'- The number of seNice users using 'The Hive" was approximately 350 per month. "The Hive" is now open as a drop-in every day in either the moming or afternoon ex￿pt Thursdays and Sundays. On Friday and Saturday it is open mornings and afternoons. On Thursdays we run training and development activities linked to independent living, as part of our Impact Projects. We still rely heavily on our volunteers to support the service-users using 'The Hive. and to run our Monday and Wednesday evening clubs. Without our hardworking volunteers our work would not be possible. We also rely on grant making trusts and local charitable organisations to provide the necessary funding to cover the shortfall in the income we re￿1Ve, against the expenditure it takes to run "the Hive Members, liabili The company is limited by guarant& and has no share capital. Every member of the association undertakes to contribute to the assets of the society, in the event of being wound up while he or she is a member for debts and liabilities of the society contracted before he or she ceases to be a member, such amount as may be required not exceeding £1. On Behalf of the Truste nd Committee Members Mr. K. Barker Lee CHAIRMAN 20th February 2025 C.T. Services Limited. INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE HIVE AVON LIMITED. I report on the accounts of the company for the year ended 31st De￿mber 2024, which are set out on pages 5 to 11. Res ective res onsibilities of the Trustees and Examiner. The Trustees (2 of whom are also Directors of the Company for the purposes of the Company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. Having satisfied myself that the Charity is not subject to an audit under Company law and is eligible for independent examination, it is my responsibility to= Examine the accounts under section 43 of the 1993 Act; Follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended). and State whether particular matters have come to my attention. Basis of inde endent examiners, ststement My examination was carried out in accordan￿ with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees Con￿rning such matters. The procedures undertaken do not provided all the evidence that would be required in an audit, and consequently no opinion is given whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. Inde endent examiners, ststement. As described in the balance sheet, you are responsible for the preparation of the financial statements for the year ended 31s1 December 2024, and you consider that the Company is exempt from an audit and a report under section 477 of the Companies Act 2006 relating to small companies. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. C.T Services Limited 33 Hopps Road Kingswood Bristol BS15 9QQ THE HIVE AVON LIMITED Statement of Financial Activities For the year ended 31st December 2024 Unrestricted Funds Year to 31st December 2024 Unrestricted Funds Year to 31st December 2023 Incomin Resources Notes Incomin funds resources from enerated Volunta income Donations Grants Subscription & Publications 7,626 36,338 7,146 10,215 15,000 Investment income Bank Interest Activities for generating funds 694 17,547 893 17,118 Other Income Other incoming resources(Insurance) Access to Work The Hive Refreshments Gift Aid Impact Projects 1,056 5,322 79,084 2,311 5,574 77,370 10,504 14,448 5,120 Total incomin resources 170,101 142,209 Resources ex ended Charitable activities Governance costs 163,977 600 129,392 432 Total resources ex ended 164,577 129,824 Net the out oin lincomin resources for 5,524 (8,471) The notes on pages 9 to 11 form part of these accounts. THE HIVE AVON LIMITED Statement of Financial Activities(cont.) For the year ended 31St"December 2024 2024 2023 Net movement in funds for the year before transfers 54,091 59,074 Transfers for the year Net movement in funds for the yeai after transfers 54,091 59,074 Reconciliation of funds Total funds brought forward {5,524) (4,983) Total funds carried forward 59,615 All of the activities of the Charity are classed as continuing. 54,091 The notes on pages 9 to 11 form part of these accounts. THE HIVE AVON LIMITED Income and Expenditure Account For the year ended 31st December 2024 2024 2023 Notes Total operating income 169,407 141,316 Operating costs 164,577 147,192 Operating (deficit) 4,830 (5,876) Investment income Interest receivable 694 2,893 Surplusl{deficit) for the year 5,524 (4,983) The notes on pages 9 to 11 form part of these accounts. THE HIVE AVON LIMITED Balance Sheet For the year ended 31ST December 2024 Notes 2024 2023 Fixed Assets Tangible Assets Current Assets Investments Cash at Bank and In Hand 60.215 60,215 54,619 54,619 Creditors Amounts falling due within one year 600 528 Net Current Assets 59,615 54,091 Total Assets less Current Liabilities 59,615 54,091 Unrestricted funds Restricted funds 44,245 15,370 40,180 13,911 Total funds 59,615 54,091 For the year ended 3151 De￿rnber 2023 the Company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006. and no notice has been deposited under section 476. The Directors acknowledge their responsibilities for ensuring that the Company keeps accounting records which comply with section 386. and for preparing accounts which give a true and fair view of the state of affairs of the Company as at the end of financial year, and of its profit or loss for the financial year in accordance with the requirements of section 394 and 395, and which otherwise comply with the requirements of the Companies act 2006 relating to accounts, so far as applicable to the Company. These financial statements have been prepared in accordan￿ with the special provisions in Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008) On Behalf of the Trustees an ommittee Members Mr. K. Barker Lee CHAIRMAN 20th February 2025 The notes on pages 9 to 11 form part of these accounts. THE HIVE AVON LIMITED Notes to the Accounts. 1. Accounting Policies Accounting Basis. The accounts are prepared under the historical cost convention and in accordance with applicable accounting standards and the Companies Act 2006. The accounts are prepared in accordance with the Statement of Recommended Practice, 'Accounting and Reporting by Charities (SORP 2005)" Cash flow statemenL The Charity has taken advantage of the exemption provided by the Financial Reporting Standard No. 1 from the requirement to produ￿ a cash flow statement on the grounds that it is small. Volunteers and donated services and facilities. The value of services provided by volunteers is not incorporated into these accounts. Investment income. Investment income is included in the Statement of Financial Activities on a receivable basis. THE HIVE AVON LIMITED Notss to the Accounts(conLI....... Grants General Funds Totsl Funds Year Ended 31sI Dec 2024 Total Funds Year Ended 31st Dec 2023 Healthwatch LL Stoate Trust{-Pottery) Quartet Express Grant Friends of Stoke Park Spielman Trust(-Pottery) Mencap Lloyds Bank Foundation BCC Rates Grant Covid-19 Kingswood Rotary Denmans Garfield Wilson Volunteer Grant NHS - Impact Project Lloyds Paradigm 7,238 7,238 8,715 5,000 20.000 5,000 20,000 15,000 4,100 4,100 1,500 36,338 36.338 25,215 -10 THE HIVE AVON LIMITED Notes to the Accounts(conL)....... 3. Resources Expended General Funds Total Funds Year Ended Year Ended 31st Dec 2024 31st Dec 2023 Total Funds Cost of eneratin income volunta Purchases PQASSO Fee Other membership Event CostslRefreshments Staff salaries(see note 9) Staff Expenses Rent(See note 10) Light & Heat Rates Repairs & maintenan Postage, printing & ststionary Insurance Telephone Subscriptions Equipment Hire Bank charges & Interest Room hire 35 8,976 116,040 101 13,923 3,620 1,486 3,743 3,534 1,932 3,295 790 35 8,976 116,040 101 13,923 3,620 1,486 3,743 3,534 1,932 3,295 790 35 8,283 103,517 58 14,069 2,296 2,025 4,290 1,010 1,811 3,085 506 3,294 1,191 3,294 1,191 3,297 736 Donations Other(Merchandise) Art Sessionslmaterials Training Rubbish Clearance & Cleaning Advert 216 557 216 216 557 40 1,244 1,244 1,276 104 163,977 163,977 146,664 THE HIVE AVON LIMITED Notes to the Accounts{cont.)....... 4. Governance Costs General Funds Total Funds Total Funds Year Ended Year Ended 31st Dec 2024 31st Dec 2023 Reporting Accountants Fees 600 600 528 5. Transfers for the year Transfer from Avon North Mencap 6. Tangible Fixed Assets Fixtures Totsl and Equipment Cost Balance BIF Additions Depreciation Balance BIF Amount Provided Net Book Value 3151 December 2024 Net Book Value 3151 December 2023 -12- THE HIVE AVON LIMITED Notes to the Accounts(conL). 7. Creditors 2024 2023 Accountancy Fees Rent 600 528 600 528 8. Trustees None of the trustees(or any person connected with them) re￿iVed any remuneration during the year, and none of them were reimbursed any expenses. 2024 9. Staff Costs 2023 Wages and Salaries Social Security Costs 100,997 15,043 103,517 13,567 116,040 117,084 There are no employees earning at the rate of £60,000 or more per annum. Staff Costs include payments from DWP for Access to Work Support. 10. Rent There are no rent arrears. -13-