Company registration nuMr.. 06536338 Charity. registration number. 1127988 Bulwell Hall Community Association (A company limited by guarantee) Annual Report and Financial Statement5 for the Year Ended 31 March 2024 Comn)unily ALcounling Plus Uniis l & 2 North West 41 TalLx)i Street Noitingham NGI 5GL
Bulwell Hall Community Association Contents Reference and Administrative Details Truste¢s' Report 2to4 Independent EXamineS Report Statement of Fii)ancial Activities 6t07 Balance Sheet Notes to the Financial Ststements 9t0 16
Bulwell Hall Community Association Reference and Administrative Details Trustee5 Tammy Attenborough Chloe Cotton Natalie Bell Christine Rae Charity Registration Number 1127988 Company Registration Nurnber 06536338 Registered Olee Bulwell Hall Healthy Living Centre Lawton Drive Bulwell Nottingham NG6 8BL Independent Examiner John O'Brien, eTnployee of Coinmunity Accounting Plu5 Units l & 2 North West 41 Talbot Street Nottinghain NGI 5GL Page I
Bulwell Hall Community Association Trustees, Report The trustees, who are diieLtors tor the purposes of coinpany law. present the annual report togetl)er with the tinancial statements and auditors, report ot'tl)e charitable company for the Ye ended 31 Maich 2024. Truste¢5 and officers The trustees and officers serving during the year and since the year end were as folloivs.. Trustees.. Angela Jacklin (resigned 5 July 2023} Victor Mahy (resigned 13 Jiily 2023) Tammy Attenborou¥h Chloe Cotton (appointed 5 Jul}. ?02J) Natalie Bell {appoit]ted 5 July 2023) Christine Rae (appointed 5 July ?02i} Structure* governance and managernent Ndlure ofgoverftimg d(>cumeni The charity is a company limited bj. guarantee and registered charity. It is operated under rhe rules of its memorandum and articles of association daied 17 March 2008 and most recently amended 23 January 20?4. It has no shgre capital and the liability of each member in the event of winding-up is limited to £1. Recruitment and appoinlntenl of iru51ee5 Trustees are elected during the AGM OT Cfropted at board meetings. ObjectTves and activities Objeclj. unduim3 To I'unher or beiiefit the residents of the Bulwell Hall Estate, Nottingham and surrounding areas without distinction of sex. sexual orientation. race or ol. political. religious or other opinions by associaiing together the said residents and the local authorities: voluntary and other organisations in a common effort to advance education. and to provide facilities in the interests of social wellare for recreation and leisure time occupation with the objective tsf improving the conditions of life for the residents. In furtherance of these objects but not otherwise, the trustees shall have power.. To esiablish or secure the estsblishment of a community cenire and to maintain or manage or Cowoperate '1[h any siatutory authorit}, in ihe maintenance and management of such a centre for activities prL)moted by the charity in furtherance of the above objects. Objeclive5 .slrotegie.f activiligs We hold a wide range of activities such as SSBC which niii sessions for childTeii and paTeiits. We a150 have exercise gTOUPS, line dancing groups that run for adults as well as a needle at]d craft group. Our local school use U5 for after School ¥roups plus Tneetings. We iiow have a holiday club that run5 through the holidays. We iiow hold table top sale5 throu¥h out the year as well a5 holiday events. Page 2
Bulwell Hall Community Association Trustees, Report Publi¢ bertefii These activitieserViceS are beneficial to the genernl public that have access to the centre. They benefit tl)rough help, support and advice which is provided through outside organisations that come into our centre to provide the service. All sessions are open for all io come along to and are advertised ivithin the local area e.g. shops. school. post office and in the healthy living centre. Some activities. services that are available at the centre require appointments which are easily gained through calling the appropriate people. Th¢ tStee$ confirm that they have coinplied M'ith the requireJnent% of section 17 of the Charities Art 2011 to have diie reggrd to Ihe public benefit guidance published by the Charity Commission for England and Wgles. Achievements and performance All origiii<il ¥roup5 are running perfectly with the added additions of local Springfield Primary School now Using our centre for more things. li.e after school clubs, head teacher ineetings and coffee inotnings}. We are taking booking5 for private partie5 which ha5 been really good a5 we now have bookings into next year. We have had great success with our holiday events along with oui regular table top sales. We now are retsularly hired during l)alf term holidays for the HAF holiday clubs. Our annual chrisimas party will be scheduled for the end of the year. Financial review Polley reserves The charity has no specific policy with regard ro the level of reserves. Page 3
Bulwell Hall Community Association Trustees, Report Statement of Responsibilitie5 The tTU5t¢es {who are also the diTector5 of Bulwell Hall Community Association for th¢ purposes of company law) are Tesponsible for pr¢paring the ttustees, report and the financial staieTnents in accordance wtth applicable law at)d United Kingdom Accounting Siandarés (United Kingdom Generally Accepted Accouniing Pra¢ii¢e), including FRS 102 'The Financial Rcporting Standard appli¢abl¢ in the UK and Republic of Ireland.. The report and accounts hav¢ b¢¢n pr¢pared in a¢cordance with the provisions in the Companies Act 2006 relating to Stnall companies. Company law requires the Iru5te¢s to Prepare financial staternenis for each financial year. Under company law the Lrnstees must noi approve the finaneial statements unles5 they are satisfied ihat they give a twe and fair view of the state of affairs of ihe charitable company and of the incoming resources and appli¢ation of resources. including its incomc and expenditure, of the charitable ¢OTnpany for that period. In preparing these financial statemenls. the trustees are required to.. $¢l¢¢t svirabl¢ accounting poli¢i¢s and apply them consisiently. Obste the methods 2nd principles in th¢ Chariiies SORP; tnake judgements and e5timate5 that are reasonable and prudent. stale whether applicable accounting stalldard5. comprising FRS 102 have been followed. subject io any material departures disclosed and explained in the finAncial statements: and prepare the fJnan¢ial statemenis on the going concem basis unless it is inappropriate to presume that the charitable company will coniinue in business. Thc trusrtts are rcsponsiblc for keepin8 proper 2ccout)tin8 records that ean disclose with reasonable accuracy at any time the financial posItion of the charitablc company and cnable them to ensuTe thai tlie financial stal¢Jn¢nt5 comply with the compani Act 2006. Th¢y are also r¢5ponsible for safeguarding the assets of the charitsble company and hence for (aking reasonable sieps for ihe preveniion and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and fjnaneial imfomiation included on the charitabl¢ CoMpanS website. Legislation governing the Preparation and dtssemina¢ion of financial siaTements may differ froTn legislation in other jurisdictions. Small comp#nle5 provision statement Thi5 report ha5 been prepared in accordance with the small companies reme under the Companie5 Act 2006. The annual report was approved by the trustees of the charity on .j.Ikol*Thd signed on ils behalf by.. Tammy Attenborough Trustee Page 4
Bulwell Hall Community Association Independent Examiner's Report to the trustees of Buhvell Hall Community Assoeialion {'the Company,) Independent examiner'5 report to the trustee5 of Bulwell Hall Cornrnunity Association ('the Company,) I report io ihe Lhaiily Irubtees on Iny examindiion of the acLounts of the Lompany foi the year ended 31 Maich 2024. Responsibiliti and basis of report As the charity's trusiees of the Company (and also its direciors lor the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Aci 2006 ('the ?006 Act'l. Having satistied Inyself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination: I repon in respect of m), examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51(b) of the 2011 Aei. Independent e¥aminer's statement I have ¢ompleted my examination. I confimi that no matters have ¢ome to my attention in conne¢tion with the examination giving me caiise to believe that in an}. material respect.. accountins records were iiot kept in respect of the Company a5 required by section 386 of the 2006 Act., or 2. the accounis do not accord with Ihose records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an indepeiideiit exainination., or 4. the aLcounts have not beeii prepared in accordance with the methods and principles of the Statement of Recomn)ended Praetice for accounting ai)d reporting by chaiities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applitable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examiiiation to which attention should be dram in this report in ord¢r to enabl¢ a proper und¢rstanding of the gccounts to be r¢ached. John O'Brien Msc, FCCA, FCIE Employee of Community Accouniing Plus Units l & 2 North West 41 TalLx)i Street Nottingham NGI 5GL Date.. 0411012024 Page 5
Bulwell Hall Community Association Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} Total 2024 Total 2023 Unrestricted Restrieted Note Income and Endowrnents from. Donations and Itgacies Charitable activities Other income 14.625 10 21,178 14.625 2.367 21,178 2,357 3,192 24,139 Total Income 35,813 2,357 38,170 27,331 Expenditure on: Charitable activities 142,182) (537) (42,719) {28,474) Total Expenditure Net {expenditure}lincome 14? 182) {537) {42,719) 128,474) (6,369) 1.820 (4,549) Net movement in funds (6,369) 1,820 (4,549) (1,143) Reconciliation of funds Totsl funds broughi fonvard 43,972 43,972 45,115 Total funds carried fonward 37.603 1.820 The notes on pages 9 10 16 fomi an integral parr of these financial statements. Page 6
Bulwell Hall Community Association Statement of Financial Aetivities for the Year Ended 31 Mareh 2024 (Ineluding Income and Expenditure Aeeount and Statement of Total Recognised Gains and Losses} These k)re the figures for the previous aceounting period and are ineluded for eompk)rative purposes Unrestrieted Restricted Total funds funds 2023 Note Income and Endowrnents from". Charitable activities Other income 430 24.li9 2,762 i,192 24.139 Total iiicoine 24,569 2,762 27,i31 Expenditure on: Charitable activities 125,71 ?) (2,762 128,474 Total expet]diture 125,71 ?) (2,762) {28,474) Net expenditure {1.143) (1.143) Net movement in funds (1,143) (1,143) Reeoneiliation of fundg Total fund5 brought fotThvard 45,115 45.115 Total fund5 Caled fotTrvard 15 43,972 43,972 The notes on pages 9 10 16 fomi an integral parr of these financial statements. Page 7
Bulwell Hall Communlty Association (Registration number: 06536338) Balance Sheet as At 31 March 2024 2024 2023 Note Current 855ets Debtors Cash at bank and in hand 520 41,018 820 43.890 10 41,538 44,710 Credltors: Amounts falling due withln one year Net assets 1738) 39,423 43,972 FndS of the charlry: RtrIcted Ineome funds Restricted funds .820 Unrestricted incorne funds Unrestricted funiLs 37.603 43.972 Totgl funds 15 39,423 43,972 For the financial yeAr ending 31 Mah 2024 ihe Chariry was entitled to excrnption fTOrn alldii undcr sectitsn 477 of the Companies Act 2006 relatirtg to small companies. Directors, Tesponsibililies.. Th¢ members have noi TequiTed the chari¢y io obtsin an audit of its aecounrs for the year in question in accordance with section 476; and The directors acknowledge their responsibilitie5 for complwng with the requirements of ihe Act with respect to accounting rewrds and th¢ preparation of account$. These financial statements have been Prepared in accordance with the Special provisions relating to companies subject to the small companies regime wittlin Pan 15 of the Companies Act 2006. Th rinancial 51alernents on pages 6 to 16 were approved by the trU$t$. and auihorised for issue on Tarnmy Ait¢nborou TTUStee The note5 on pa8es 9 to 16 form an integral part of these financial staiemenis. Page 8
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 l Accounting polieies Summary of signifieant aecounting polieies and kev aeeounting estimates 'I'hc principal accounting policics applicd in the preparation of thesc financial statements are 5¢t out below. These policies have been ¢on51St¢ntly applied to all the years present¢d, llnl¢ss otherwis¢ stated. Statement of complianee The financial stateinents have been prepared in accordance with Accounting and Reporting by Charities= Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (i5511ed iii October 2019) (Charitie5 SORP (FRS 10?)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Basis of preparation Bulwell Hall Coinmunity Associatioi) Ineets the definition of a public benefit entity under FRS 102. Assets and liabilities dre initially re¢ogni5ed at historical cost or transaction value unless OtheTwise stated in the relevant aLcouriting policy notes. Going £on£ern The financial statements have been prepared on a going concern basis. The trusiees assess whether Ihe use of going concern is appropriate i.e. whether there are any maierial uncertainties related to events or condiiions that may cast significant doubt on the ability of the chariiy to Clintinue as a going concem. The trustees make this assessment in respect of a period of one year from the date of approval of the financial siatements. Exemption from preparing a eash flow statement Under the exemption available to smaller chgrities Ihe Board of Trustees has chosen not to include a Statement of Cash Flows within the financial staiemenis. Ineome and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding are of a general nature is recognised when the charity. h&s entitlemeni to the income, it is probable that ihe income will be received and the amoiiiit can be measured with sufficient reliability. Donthilons leg&el¢s Donations are recognised when the charity has been i)otilied in writing of both the amoui)t and settlement date. Ii) the event that a donatioi) is subject to conditions that require a level of peilormance by the charit), before the charity is entitled to the funds. the income is deferred and i)ot recogi)ised until eithei those conditions are fully met: or the fulfilmeni of those conditions is wholly wiihin the conirol of the charit)J and it is probable that these conditions will be fulfilled in the reporting period. Granl.F receivable Grants are recognised M'hen the charity has an entitlement to the funds and any conditions linked to th¢ grants have been niet. Where perfonnance conditioi)s are attached to the grant and are yet to be rneL the incoine is recognised as a liabilit), aiid included on the balance sheet as deferred incoine to be released. Page 9
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 Expenditure All expenditure is recogni5ed once there is a le¥al or constTUCtive obli¥ation to that expenditure, it is probable settlement 15 required and the amount can be measured reliably. All cost5 are allocated to the applicable expenditure headin¥ that aggregate 5iinilar cost5 to that categwory. Where cost5 cannot be directly attributed to particular headings they have been allocated on a basi5 consistent with the use of resources, with central staff Costs allocated on the basi5 of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based 011 the spread of staff costs. Churilable dctivilies Charitable expenditure CL)mprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nare necessary to support them. Government grants Government grants are r¢cognised bgsed on the aCCal model and ar¢ measured at the fair value of th¢ asset received or receivable. Grant5 are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the experted llsefi]I life of the asset. Where part of a grant relating to an asset is deferred. it is recognised as defeTred income. Taxation Tlie charity is considered to pass the tests set out in ParagFraph I Schedule 6 of the Finance Act 2010 and therefore it meet5 the definition of a charitable company for UK COTporatioii tax puwoses. AccordingFly, the charity is potentially exempt froin taxatioii iii respect of incoine or capital gains received within categories covered by Chapter i Part I l of the Cotporation Tax Act 2010 or Sectioii 256 of the Taxation of Chargeable Gain5 Act 1992, tv the extent that such income or gail)5 are applied exclusively to Lharitable puwoses. Tangible fixed 855ets Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreLiation and subsequent accumulated impairnient losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to w'rite off the cost or valuation. less any estimated residual value, over Iheir expected useful economic life as fLIIIoivs'. Asset clas5 Fumiiure and equipment IT equipment Depreciation method and rate 20.0°/o on a straighi line basis 33.3Q/D on a straight line basis Trade debtors Trade debtors are arnounts due fToin customers for merchandise sold or services perfotyned in the ordinary course of business. Trade debtors are recognised initially at the transactioi) price. They are subsequentl}, measured at amortised cost using the effective ii)terest method. less prowisioi) for in)paimient. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all an)oui)ts due according to the original temis of ihe receivables. Page 10
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 Cash and cash equivalents Cash c1nd cash equivalent5 comprise Ck)sh on hand and call deposit5. and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of cliange in value. Fund strueture Unr£5tricted income fiinds are general funds that are available for use at the trllstees, discretion in furtherance of the objectives of the charity. Restricted income funds are those grants for use in a particular area or for specific purplises, the use of which is restricted to that area or purpose. 2 1Ntome from donations and legaties Unrestricted funds General Total 2024 Total 2023 Donations and legacies., Donaiions from individuals Grants. including capiial granis: Goven)ment grdnts Grants from companies 10,437 10,437 3,332 856 3,332 856 14,625 14,625 3 Income from charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Grants and donations Sundry in¢ome 2,357 2,357 2,762 10 4iO 2,357 2,367 i,192 4 Other income Unrestricted funds General Total 2024 Total 2023 Rentsl income 21,178 21,178 24,139 Pagell
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 5 Grants & donations Unrestricted funds Restricted funds Total NCC BestW(H)d Partnership Roots Out CIC Sundry grants & donations 3,332 3.332 soo 856 11.994 800 856 10.4i7 1.557 14,625 2,357 16,982 6 Expenditure on charitable 8Ctiwitie$ Unrestricted funds Gencr#l Restrieted funds Total 2024 Total 2023 Cleaning & refuse Equipment, repair5 & reiiewals Insurance Legal & professional Maintenance & security Printing & stationery Refreshments 2,113 61i 2,113 613 502 20 785 785 481 1,672 1,752 32 1.672 1,752 32 1.312 447 32 Sundry expenditure Telephoiie & postage Travel & 5ub5lStence 469 469 15 41 41 9,524 18,058 2,043 22 9,524 18,058 2,580 22 3,288 18,367 730 144 Wages, Nl & pension Activities & events Gifts Communications Postage Donations Tnade Supplies After school club cosis Garden 537 4.205 20 4.205 20 2,792 162 179 179 521 lio 521 130 42,182 537 42,719 28,474 Page 12
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 7 Staff costs The aggregate payroll costs were a5 follows.. 2024 2023 Staff cost5 during the year were: WagFes and salaries So¢ial seciirity costs Pension costs 17.662 i02 94 18.367 18.058 18,367 The monthly average number of persons {including senior management team) employed by the charity during the year wa5 as follows.. 2024 2023 Average number of employees No employee received emoluments L)f more than £60,000 during the year. The totsl employee bet]efits of the key Management personnel of the charity were £6,343 {2023 - £Nil). 8 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneratioii from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 9 Debtor5 2024 2023 Prepayinents Other debtor5 24 496 154 666 520 820 10 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 95 43,795 40,905 41,018 43,890 Page 13
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 I I Creditors: amounts falling due within one year 2024 2023 Other creditors Accruals 1.085 1,030 738 2.115 7)8 12 Obligat10115 under leases and hire purchase ¢ontra¢t5 Operating lease commitmet5 Total future iniiiimuin lease wayments under non-¢an¢ellable operating leases are as follows.. 2024 2023 Land and building5 Wiihin unt yedl Between oiie and five years 1?,030 24,060 1?,030 36.090 36,090 48,120 13 Charitv status The charity is a coinpany limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. 14 Related party transactions There were no ielated party transactions in the year. Page 14
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 15 Funds Balance at i April 2023 Incoming re50urce5 Resources expended Balance at 31 March 2024 Unre5tricled funds General General Fund 43,972 35.81) 142.1821 37.603 Restricted funds Kid% Christmas Party Zoo Trip 857 1,500 {537) 320 1,500 Total restricted funds 2,357 (537) 1,820 Total funds 43,972 38,170 142.7191 39,423 Balance at I April 2022 Incoming re50urc¢$ Resources expended Balance at 31 March 2023 Unrestricted fuNd5 Geiieral General Fund 45,115 24.569 125.7121 43.972 Restricted Block Funding (Running costs) 2,762 (2.762) Total funds 45,115 27,331 128,4741 4i,972 Page 15
Bulwell Hall Community Association Iyotes to the Financial Statements for the Year Ended 31 March 2024 16 Analysis of net assets between funds Unrestricted 2024 Total fund5 General Restricted Current assets Current liabilities 39.718 (2,115) 1.820 41,538 {? 115) Total net assets 37,603 1,820 39,423 Unrestricted 2023 Total funds General Current assets Cuffent liabilities 44,710 {738) 44,710 (738) Total net assets 43,972 43,972 17 F¢e5 pavabl¢ to independent examiner During the period. the fees Pdyk)ble lexclllding VATI to the charity's independent examiner Community Accounting Plus are analysed as folloivs.. 2024 2023 Independent examination Other financial services 615 576 500 468 968 18 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 16