Charity registrallon number 1134656 Company reglstratlon nurnber 06742832 (England and Wales) GL COMMUNITIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GL COMMUNITIES LEGALAND ADMINISTRATIVE INFORMATION Trustèès J Dunsford A Gardiner L Kelch J. Slone A. Doyle (AppoSnted 27 June 2023} {Appointed 27 June 20231 Sacrotary J Ounsford Charlly numb•r 1134656 Company number 06742832 Reglst6red offl¢fr The Trlnlly Centre 60 Norbury Avenue Gloucester GL4 6AH Independent •xamlner Nlcholas J 85shop FCCAACA Unll 3 Ambr08e House Meteor Court Barnell Way Barnwood Gloucester GL4 3GG Bank•rs Lloyd$ Bank plc Easlgate Sliéet Gloucester GL1 INU GL COMMUNITIES CONTENTS Pago Trustees, report Statement of trustèes, responslbllities Independent examlnerfs report stalement of finandal actSvitle8 Balance sheet Notes to the flnancial statements 8-17 GL COMMUNITIES TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees present Iheir annual report and financial statements for Ihe year ended 31 March 2024. The financial slatemenls have been prepared in accordance with the 8ccount5ng policies Sot out In nola 1 to thè financial slatements and ¢omply with Ihe charity's Igovemlng documentl. the Companies Acl 2006 and "A¢¢ounling and Reporting by Charities: Stalemenl of Recommended Pracllcè applicable lo charllies preparing their a¢counts In accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of I￿land IFRS 102)" {effecliva 1 January 20191. Oblectlves and acllvlll88 The charity's objects (as deflned In Ils Memorandum of Assoclallon} are.. the relief of persons resldent In th8 Clty of Gloucester and surrounding area (Ihè area of bén&fiY) in need. hardship and distress, Includlng Ihe elderly and Ihe dlsabled., providing, or assisting in the provision of, advice and informalion regarding .their legal entitlements, partlcularly . (but not exclusively} state benefits, housing, consumér matters and debt., provldlng, or assisting in the provision of, facilities and services to relieve peTson8 suffering from substance addlcllon logelher with the families of suGh persons.. the advancement of education amongst persons resSdent In the area of benefit,. lo provlde, or assist in the provision of, facilities in the Inlaresls of so¢lal welfare for recreatlon or other lalsura tlma occupation of individuals who have nèed of such facilities. by reason of thelr youth, 8ge, infirmlly. disability, financial hardshlp or social circumstances with the object of Improving thair conditlons of life. Publ1¢ beng171 The trustees have p8ld du8 regard to guidance issu8d by the Charity Commlsslon In d&cldlng what activities the charity should undertake. Achlevements and porformance Signilicanl 8cllvltl&s and achievemènls agalnsl obJ8cIIv&s Advlce Servicg3-1oam of 6 Thls year has been a yaar of change wllhin the téam 8lruclur6, we have received new funding form Trussell Trusl whlch means we have built a bigger team to work under financl81 Inclusion and Food banks. Wè contlnue to have our natlonal debt 5eTvice from the Southwest Partnershlp, and we have Independent Advicè Ihat we work with speclflc organlsallons based In Stroud. We have found Ihls year the ¢08lwof-living crisis has had a huge effecl on our work with p80ple struggling to live on low income, benefits and raising bllls. Our service has grown lo meel thos8 ne8ds. We pmvlde advlce Ihrough our open-door s8rvic8 fac8 lo face. telephone 8ervlce, outreach face to lace servlces, Whal's App and ¢hal live. We continue lo hav& our Advice Pro management system that supports the work through case work and re¢ord$ all the work we do, and wa can show the impact by reports lo all our funders. We continue lo dellver our sarvlcos in some of thè most dèprlved areas of Glouceslerlshlre and we can do form lilling, food vouchers, discretionary grants, parlod poverty products and the introduction of Warm Space during the winter months to help families with their Gost of living. This year h88 seèn a ris8 in advicè capacity including the support lo volunteers who are becoming community advice support espe¢ially 8round form Illllng and signposting lo relavant organlsatlons. Educatlon and Employablllty- team of 4 We continue lo work in the support to those furthest from employm8nl and we have been supporting their training, CV writing. volunteering opportunilies and support into employment. Communlty Dovelopmenl and Incluslon- team of 7 In¢ludlng the CEO This area of work18 based in communilies worklng In outreach with the community to bulld up relationships, consull with th& community and find the needs. link people lo services that Ihey may need and support communilies to try things themselves. GL COMMUNITIES TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We have an outdoor spaca wheie people can acc8SS SUPPOrt and trainlng either as residents or become volunteers. We Gan 5UPPQrt a ¢ommunity space and the Residents group to achieve what community has asked for through community engagemenl and community activities and events. The LOOP girls onlinue lo do lh¢ most amazlng work wlth ¢ommuniti8S through helplng to bulld peoples potentlal, achl8v8 what they want wllhin their own nelghbourhoods and connect lo what Is already avallable withln Centres In the local communitiès. The CEO role wilhln thls area Is to conlinue to build partnerships and work collaboralively wllh other organlsallon$ working on Ihe ground In Communities. The role has work8d in organisations 2$ Dlreclor supported thom with years of experience and skills. Supporting initiatives that are worklng in other cornmunllles In Gloucester lo consult and Introduce new opporlunities in new communilles of work. The role also supports teams, managemenl and supervlslon as needed, Health and Wellbelng-18am of 1 Thls Is ov&rse8n by a role Ihal is a qualified personal trainer who has embedded a new program of 5UPPOrt for actlvltles and menlal wellbeing. We continue lo use the 5 Ways to Wellbelng and the Coaches own assessment plans. HIS Introduction of individual support in training with weights have been Instrumental In the success of this program. The Introduction of activities that relale to health and wellbeing 18 ¢onllnuing Io grow. The org3ni$alion contlnues to grow and flourlsh In the work w8 do bul with the rlslng cost of Ilvlng. the effeGls on budgets is alw8y8 an issue and the corè funding spgcifically has taken a major hil. Volunteering 1$ always one of our strong parts where people can work alongslde the toam$ recelvlng support, learning and Irainlng as In placements to help upsklll people possibly lo find employment and all volunteers ¢8n r8qU8St a r8f8r8nce. GL Communilles has not been able to cure the Issues of flnanclal ov6rheads but cont￿nve to 8trlv8 to build on thelr reserves as thèy can as part of the work of core and funding opportunilles. We are a Real Llvlng Wage employer, and we hold the foundation level award for Healthy Lifestyles Workplaces, and w8 continue to support our carbon emissions reduction through our environmental policy. We Invest in Finan¢i81 Managem&nl as one of our strong parts of our organisation supportlng support and guidanGe. Plans for our Ivlure is to conllnue to work on our themed areas of work In advlc8 servi¢es. educatlon and employablllty. ¢ommunlty development and Incluslon and finally our health and wellbeing Program, We have Inlrodu¢ed work with support to Veterans, Carers and for Digital Inclusion where we will be looking for further Investment lo dévelop this work moving forward over the nexl 2 y88rs. Flnanclal revlèw ReseNes policy GL Communllies will continue lo strive to build reserves as part of a planned appro8ch wilhin a suslainabilily budget. The pollcy is to build up a sum equivalent to no less than 50 /0 of annual core oxpenditure as an unr88tricted reserve. Unrestricted funds are currently short of the truslees, target, the goal being to build reserves sufficient to over 6 months, costs. Plans forfuture perlods GL Communities Is continuing to work on a transitional period over the nexl couple of years based on the retir8menl plans of managers. Buildings still stay on our agenda as Ihe ARC {Advlce and Resource Cenlre) needs to have either a refvrbi$hment or to completety new bulld. Our new fundraising slrategy Is to pursue lar9er appllcallons for funding Io enable us lo make the move in change of 188dershlp by d8V8loping staff from wilhin and bringlng In new staff to come alongslde the team. We conllnue to work in our thèmed areas.. Advice, Education and Employabllity, Community and Economic Development, and Wellbelng and Incluslon. All of whlch will support the next stages of transfomiation going forward. The CEO is continuing lo bring in new natlonal and Soulhwesl partnerships and establlshing the relationship naedod to deliver these seNices. GL COMMUNITIES TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, govemance and management Governing do¢ument The charity Is constituted as a company limited by guarantee and therefore has no share capital. In the event of the charitable company being wound up and the liabilities and winding up expenses bolng in excoss of assels, the liabilily of each member is limited 10 £1. The charily's governing document Is ils Memorandum and Artlcles of Association dated 6 November 2008. The company operated from 1 May 2009 as a company limiled by gu8ranlea wllh charllab16 oblectlves and was formally registered with the Charity CommissSon wilh effect from 4 March 2010. Organlsalional structurn In accordance with th8 Articles of Association. the company is directed by 8 Board of trusteès of al 168sI 3 In number. The Board meets at least four times a year. Several of the trustees act as dlr&clor8 for the purposes of th8 Companies Act, although the Iru8tee8 as a body retaln Tespon8ibillty for 8upervi3ion of the charity's aclivities arbd for financial management. The power lo appolnt new trustees Is v8St8d In the 8xlstlng trustees, sublecl lo ratlflcatlon by the members In General Meeting. Rlsk management Thè Irusl&es 8cl5vely r8vl8W the major rlsks which th8 charity fa¢0$ on a regular b8sIs 8nd ragularly révléw the controls over key financlal system5, with the aim of ensuring that there ar6 sufflclenl resources In the 8v8nt of condltlons becomlng adv8r8e. The trustees havè also examlned other op8ratlon81 and business ri$k$ faced by the charlty and confirm that system$ have b88n 8slabll$h8d to mlllgate any 8lgnSficanl risks. Publlc bonellt In planning tho ¢harity'3 8Glivilies for the period the Iruslees kept in mind the Charity Commi$slon'$ guidance on public benellt. The focus of the chadty's activities during tho period, which explaln8 Ihe delivery by the ¢harily of public benefit, 1$ set out below undèr'Achi8v8menl and perfomiance. and above under 'Objeclives and aclivities,, Tho tru8lee8, who aro also the directors for the purpose ol company law, and who served durlng the year end up lo th8 date of signatur8 of the financial statements were.. J Dunsford A Gardiner L Kelch J Parrott B O'Donnell W Seare J. Stone A. Doyl8 (Reslgned 18 March 2024) (Reslgned 25 November 2023) {Reslgned 25 November 2023} (Appolnted 27 June 20231 (Appointed 27 June 2023) The trustees, re ort was approved by the Board of Trustees. J Dunsford Trusteg 12 November 2024 GL COMMUNITIES STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees. who are also the directors of GL Communilies for the purpose of cornpany law, are responsible for preparlng the Trustees, Report and the financial statements in accordanGe wilh applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Pra¢tlce). Company Law requires the trustees to prepar8 financi81 statemènts for a8eh financial year whlch glve 8 true and fair Vi8w of th8 State of affairs of the charlty and of the incomlng resources and application of r880urces. Including the income and expenditur8, of the charllable company for that year. In preparlng these financlal slatemenls, Ihe truslaes are requlred to: sèlect sullable sccountlng policies and Ihen 8pply th8m consl818nlly: observe the methods and prin¢iples Sn Ihe Charllles SORP; make judgoments and eslimales that are rèasonabla and prudenl; slate whether applicable UK Accounllng Standard8 have been followed, subj8ct lo any material departures dls¢lo$ed and gxp181n8d In the flnanclal statemont8', and prepare the financial staloments on the going concem b881s unless it Is inappropriat8 to presume that Ihe ¢hailly will continue in operation. Th8 Irust88s ar8 responslbl8 for keeping adèquate aceounllng records that dlsclose wllh reasonable acwracy at any tim8 Ihe financial position of the charity and 8n8bl8 them to ensure that the finan¢l81 st8t8m8nls comply with the Companies Act 2006. They are also responslble for $afoguarding the a8s818 of the charity and henc8 for laking reasonable 8tep8 for the preventlon and deteGtlon of fraud and other Irre9ularilie5. GL COMMUNITIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GL COMMUNITIES I report lo th8 Irusl88s on my 8xamination of the finan¢ial statements of GL Communities {th8 charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the Iruslees of the charity land also ils d5re¢lors for the purposès ol cornpany law) you are responsible for the preparation of the financial statements In accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satlsfled myself Ihat the flnan¢ial slatomenls of the charlly are not r8quirod to be audit8d under Part 16 of thè 2006 Act and are 6llglble for ind6pendenl examlnalion, I report In f6SP8Ct of my examination of the ch8rity s fSnancial slalements ¢arried oul under seclion 145 of the Charllles Act 2011 {Ih8 2011 Act). In carrying out my examinallon I have followed all the applicable Directions glven by the Charily Commission under sectlon 14515)(b) of the 2011 Act. Indepondent examlner's statement Slnce th8 charlty's gross Income èxc88dèd £250,000 your èxamlner musl b8 a m8mber of a body listed In sectlon 145 of th8 2011 Act. l eonflmi that l am quallfied lo undertake the examination because l am a member of ICAEW, whl¢h is on8 of tha Ils18d bodle8. I have completed my examlnation. I confirm that no matters have come lo my atlentlon In connectlon wllh Ihe examination giving me Cause to believe that In any material respect: accounting re¢ord$ were not kept In respect of tha charlty as roquired by section 386 of the 2006 Act; or the financial 8lalement6 do not accord with Ihose records,, or the finan¢lal statements do not comply wllh the accountlng r&qulrem6nts of secllon 396 of the 2006 Act other than 8ny requirèmant th81 the accounts give a Irue and fair vlew whlch Is not a matter consldered as part of an independent 8xamlnallon: or the financi81 $talements have not been prepared in aGcordance wlth the melhods and principles of the statement of Recommended Practice for acGounting and reporiing by charities applicable lo charities preparlng their 8¢counts In 8ccordanc8 with the Financial Reporting Stsndard applicable in the UK and Republlc of Ireland IFRS 102). I have no concerns and have come across no other matters In conn8Ctlon with the 8xamlnallon lo whi¢h altenlion should be drawn in I s report In order lo enable a proper understandlng ol Ihe flnanclal statements to be reached. Kl,dK Nlcholas J Bl CCA ACA Unil 3 Ambrosg House Metoor Court BaTnelt Way Barnwood Gloucesler GL4 3GG Dated: 12 Novernber 2024 GL COMMUNITIES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrèstrlcted Rèstrlcted funds funds 2024 2024 Total Unreslrlcted Rèstrlcted funds funds 2023 2023 Tolal 2024 2023 Note8 Income and endowmonts from: Donations and legaci05 Investments Olher Sncome 38,649 321 12,490 342,526 381,175 321 37,542 63.127 905 25,387 269.470 332,597 905 25,387 25,052 Total Incomo 51.460 367,578 419,038 89,419 269,470 358,889 Expendlture on: Charitable activities 65,013 387,708 452,721 131.413 326,140 457.553 Total èxp•ndlture 65,013 387,708 452,721 131.413 326.140 457,553 Net 6XPondlturo and movomenl In funds (13,553) (20,130) (33,683) (41,994) 156,6701 {98,664) Reconclllallon of fund8'. Fund balances at 1 Aprll 2023 29,370 45,839 75,209 71,364 102,509 173,873 Fund balances at 31 March 2024 15.817 25,709 41,526 29.370 45,839 75,209 Th8 slatem&nl of flnanclal 8clivi118s includes all galns and losses recognls¢d In the year. All Income 8nd expendlture derlve from contlnulng activities. GL COMMUNITIES BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Flxod as$ots Tanglble assets 11 667 1,809 Current as80ts Debtors Cash al bank and in hand 12 14,535 47,236 46,453 191,828 61,771 238,281 Cr•dllors: amounts falllng due wlthln one year 13 (20,912) 1164,881) N•1 ¢urrent a88et8 40.859 73,400 Tolal assots l•s$ curront Ilabllltles 41,526 75,209 The funds of tho ¢harlty Restiicled Incoma funds Unrestricted funds 16 17 25,709 1S.817 45,839 29,370 41,526 75,209 The company16 enlllled lo the exempllon from the audit raquiremènt contained in s8¢lion 477 of the Companies Act 2006, for the year ended 31 March 2024. The director8 acknowledge theSr re8ponsibiliti@s for complying with the requirernenls of tho Companlas Acl 2006 with respect lo accounling records and the prepar81ion of financi81 statements. The members have nol required the company to obtaln an audit of Its financial slalements for the year in question In accordance with seclion 476. These financlal slatemenls have been prepared in accordance wllh the provislons applicable lo companies sublect to the small companles reglme. The financlal statements were approved by the Iruslees on 12 Novèmbar 2024 J Dunsford Trustee Company registration number 06742832 {England and Wales) GL COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcle$ Charfty Informatlon GL Communities is a private company limited by guarantee in¢orporaled in England and Wales. The registered offic& 18 The Trinity Centra, 60 Norbury Avenue, Glouceslor, GL4 6AH. 1.1 Accountlng ¢onventlon The flnanclal statements have been preparod In accordance wllh the charlty's governing document, the Companl8s Act 2006, FRS 102 Yh8 Fln8nclal Reporting Standard applicable in Ihe UK and R&public of Ireland. {"FRS 102"> and the Charlli&s SORP "Accounting and Reporting by Charities: Statement of Recommended Pr8¢1i¢e appli¢abla lo charilles preparing their accounts in accordanGe wilh Ihe Finan¢lal Reporting Standard appli¢able In the UK and Republic of Ireland (13.0001 (20.000) 126.150) 16,000) {16,256} {4,7331 (10,000) 151.570) 140.703) 124,230} {55,860) (2911 Health Equalities Partnership Carers Gloucestershire GL11 Advice Funding National Grld Levelling Up Together Galoway Growing G81eway Costs Gateway Loop Gateway Food APT Fundlng MTRA Mens Shed ESHO TTussell Trust Multiply SFGB (ex MAW) RANK Time lo Shine Recharged costs Small grants <£2.500 10,688 3,437 1.411 5,349 24,954 8.124 10.000 25,500 13,000 20,000 26,150 6,000 16,256 4,733 10,000 51,570 40,703 24,230 55,860 25,000 23,830 6,622 25,000 (23,830> 15,6221 1,000 45,839 367.578 1387,708) 25,709 15 GL COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Rèstrlcted funds Icontlnuod) Prévlous yèar: At 1 April 2022 Incomlng ro$ouree8 Resources At 31 Mar¢h expended 2023 Podsmead Big Local Blg Local Tru81 GGT Gateway Period Povety GCC Thriving Communiti88 Dlgltal Innovatlon Fund Health Equalities Partnarship Carars Gloucestershlre She's Ready Glos CC Glow Grant GL11 Advice Funding National Grid Gateway Loop GEM Project ESHO Good Things Foundation Gateway Growing Gateway Galeway Food Project APT Funding GEM JOB CLUBIEMF GCF Cost of Living SDC Money Advises Trussell Trust Mulliply SLA SFGB Levelling Up Together 5,392 18,316 8,644 6,250 7,403 10,000 27,944 2,315 2,000 4,449 9,796 15,3921 {18,3161 {8,644) {6,250) (7,403) (10,000) (17,256) (690> 12,000) 14,629) 18,385) 14,651) (16.876) (63.171) {25,760) {2,000) {10,695) (21,562) (6,818) (12.320) (854) 11,500} 113,0691 {61 {3,6001 154,2471 1461 10,688 3,437 1,812 180 1,411 5,349 10.000 16.876 83,171 25,760 2,000 10,695 21,562 6,818 12,320 854 1.500 13,069 3,600 54,247 25,000 24.954 102,509 269,470 326,140 45,839 17 Unreslrlcted funds Tho unrestricted funds of Ihe charity comprise the unexp8nd6d balances of donations and grants whlch are not subject lo specific condlllons by donors and grantors as lo how Ihey may be used, These Include deslgnated funds which have been set aside out of unrestrictgd funds by Ihe Irusleos for specific purpos8S. At 1 Aprll 2023 Incomlng rèsourceB Resources At 31 March expended 2024 General funds 29,370 51,460 {65,013} 15,817 16 GL COMMUNITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Unrestrlelèd funds (Conllnued) Prèvlous year: At 1 Aprll 2022 In¢omSng Rosourcos At 31 March ro$our¢e8 expended 2023 General funds 71.364 89,419 (131,4131 29.370 18 Analy8ls of net assets bfttwoen fund6 Unr68trlcted funds 2024 Restrl¢ted funds 2024 Total 2024 At 31 M•r¢h 2024: Tangible assets Current asselsllliabilitl8s) 667 15,150 667 40.859 25,709 15,817 25,709 41,526 Unre8lrlct?d funds 2023 R•8trl¢téd funds 2023 Total 2023 At 31 March 2023: Tangible assets Current asselsllliabilities) 1,809 27.561 1,809 73,400 45,839 29.370 45,839 75,209 19 Related party transactlons Thérè wer8 no disclosabl8 related party transacllons during the year {2023 - non8). 17