RECEIVED I tl BF.Q 2014 GREEN RIVERS COMMUNITY ASSOCIATION MANAGEMENT LIMITED (A COMPANY LIMITED BY GUARAKfEE) MANAGEMENT COMMITTEE REPORT AND UNAUDITED FINAf4CIAL STATEMENTS FOR THE YEAR ENDgD31ST MARCH 2024 LMPAP4y REGISTERED NUMBER 6859091 CHARITY REGisfERED NUMBER 1137698
GREEN RIVERS COMMIINITY ASSOCJATIOPI MANAGEMENT LIMITED COMPANY INFORMA'IION Dirttt0rT9fets SarKlra Borland (resid 26 Septembe$ 2023) Carolin¢ Crolley IdEcea5ed 26 July 20231 Nicola Watts Sandrd Rose Bottle lapF¥)inid 10 (knb¢r 20231 Setretgr). Sandrd Rose &)ttle CompAny llumbtr 6859191 Charity registered number 1137698 Regist¢reil offi(t Green Rivers Centre l Green River5 Way Blakenall Walsall WS3.IBF Attount8nts Mida5 Acwuntsnis & Ilusiness Consulrants Limit&1 Chartered Certified Accouniar 183 Wa15all Road Gre WyAey Walsall WS6 6NL
GREEN RIVERS COMMIINITY ASSOCIATION MANAGEME[ LIMITED CONTENTS P*g Report of tht management wnmitt¢¢ Accountsnts rei Statement of flnancial aaivities Balanc¢ sh¢ NO io th¢ finaD¢ial slaiements &7
PAge I GRF.EN RIVF.RS COMMIINITY ASSOCIATIOY MANAGEMF.NT LJMITED REP()RTOFTIIE MANAGEMLY"fcoMMITTEE OR TIIE YEAR F.%DED 31ST.MARCH.2024 Th¢ man¥gemenl crmmite wesents their r¢FKrt and the firn¢la1 sthtements forthe y¢or Md¢d 31st March. 2024. 5tatemeut of mgnagemtnt tornmittte respollsibililies Compan) law requiTes the rnanagem¢nt comminee 10 prepa acci for each financiil yeat which give a tnJ¢ and fail view of the 5ts1¢ of affair5 of the charithble tompany and of its incoming resouTce5 and application of wurces. including income and expenditure for lh y¢ar. In prqmring those ateourtts the managemenl Mmittee is teguired to follow besi pnetice and.. Seleci 5uktsbl¢ awuntiDg lIcIeS and then apply th¢Tn Consi¢1]Y. Prepare ihe financial stslunents on the going basis unless tl Is TK)t appropriaie to &8sume that the ornpany will coniinue on Ihat basis; Make judgments and e5titnates that ir¢ reasonable and w¢ti Siaie wheiher applicable ating si8ndatds have b¢¢D followed. subjccl to any malerial departurts dis¢l0d Dd explaind in ihe financial ststements; The manaBemeni tomrnittee 15 re5pon$ibl¢ for keeping Prtyr awiuTrling recoftts which disclose wth JEa50nable accuracy ai &ny lime the rtnancial p051tion of th¢ company and to enahle them lo ensure the accounts COTnply with the C(HMpanies Aci 2006. They ate also Tesponsible for safeguardrn8 the assets olihe charitable company and b¢ for tsking reasonablc Aeps for the ptewention and deteciion of fraud other irre8ularitie5. Printip#l artivitie5 The cotnpJny s charitable objectives are to promole the knefits of the residents of Blakenall and Mlalsall n¢ighiK)urh(MMi witho1 disiinciion of sex. Sexual Orientation. rac& FA)lii•cal. religious or other opinion5 by associating togtther Ihe said Te5idenLs arHI th¢ local auihthiiie& voluntsrv (Aher or¥anisations in a ef[ to advanc¢ education and to provide faciliti¢s in the Inr of social welfare for recr¢alion aNJ leisuye-tirne LKcupation with the obieei ofimproving the COrlIE0$ of life forthe residents. ProiTK)tethe activitsesof childr¢D and young people. Promote advancement wnaleur sponing aLlivilie5 for children and l'oung people. En511re the promoiion of safeguarding pledUres. To maintain atMI n)anag¢ a winmuni(y centre (whether alone or in CoratiOn with any local authority or other wson or b(y) in furtherance ofthese obj¢cts. The Company's airn is to sre f18 to provide a more &tFInei m(Nkrn Ixjilding to provide enhancd acttvities for children and young rople, includin8 aW8Tenes% of rrcyclin?. To provide day auliviiies during school holidays thereby reducÉng anti la1 F*havior th¢ area.
Pgge 2 CREEN RIVERS COMMUNITY ASSOCIATION MAf4AGEMENT LIMITED REPORTOF THE %IATrACEMEKf C.OMMITtEE FOR THE YEAR £NDFD 31ST MARC.H. 2024 {ConLI Member5 of the 98geMent comThittee M¢rnk¥s ofth¢ management commitiee. who are direcknts forthe purptsseof¢ornpony law and truske5 forthe purFQSe of charity law, who serve4J duTing the y&ir were as follows.. Caroline Crolley Ideceased 26 Juty 20231 Sandra Borland Iresigned 26 SepieThber 2023) Nicola Watts Small tompthy rlllcs This Tel ha5 b¢en pr¢par¢d in accordance wilh the stsiement of Recommended Ptactice AtcountinK and Retx>rting by Charitie5 Imarch. 20051 ar in ac£ordanct with Ihe Sla1 provisions relating kn L1pathIeS subj1 10 the small paTki¢s regirn¢ within Part 15 of the Companies Aci. 2(M>6. This Tew>rt wa5 approved by Malge<t commiltee on 19 tkc¢rnb¢r 2024 and 5ign¢d by orykr of th¢ ]n4rwg¢m¢ni ¢omtnitt¢e. 5 6 (Rtt( knlldr• Rose Boitle Secreiary
Page 3 GREEN RIVLRS COMMUNITY A&SOCIATIOI4 MANAGEMENT LIMITED Accoiif4T.IP4TS' RFPORT FOR TIIE YEAR ENDFD31ST lARcH.2024 Report to the direttor5 on the prepir•lTQD of the uwludiled 5taluiory' accounts of Grtn River5 Community Amocixtion Mana¥emeDt Limiied for Ihe year ended 31st Mrth. 2024. T(Tr a55iSt you to fvlfrl your duiFes under the Companies Ad 2006. we have prepared for your approval the a(xJ)unts of Green Rivers Community AsMKiaiion Manag¢Thent l.imited whieh Comprise the Profil and Loss AccounL the Balance Sheet and the r¢lot¢d not¢& froTh ihe CbpanY's accounting and from inforniaiion and explanations you have 8iven u5. As y prncticing member firni oi the Asgxiaiion of Charter¢d C¢rnified Accountsn we are subject to its ethical and other professional requiTements which detailed ai hllp".Ilwww.accagld)alLoMlenlmcmbtt/profts5iOt- 5tandard4rule5-slandardsl¥Cr8-rul¢bk.h1M1. This TerM)rt is made solely 10 ihe directors of Green Rivers Community AR50ciatioii Management Limited. LS a b(dy, in aeeordance wiilb the temis of ourengagern¢nt letter. Ir wo]k ha5 knji urMl¢rtak¢n wlely 10 wepare foryouT approval the accounts ofGrcen RivetsC.oThtnunity A&wci&lion Management Liiniled staictho%e mattet5that w¢ hav¢ a8retd to state to the directors of fjr¢¢D Rivers Cominuniiy Association lanagemen( Limited. as a I. in this TekN)rt i acci>rdan¢e with A550ciation of Clwiered ertified Accountan¢s detail1 hllp'.lJwww.ac¢aglobal.¢otnlcontenVdatnlACCA GlObalechnIcallraeVhnICa1-factshe-l63.pdf. To th¢ fullest exieni Millied by law. we do not accepi or a&4Jme iesw>nsibiliiy 10 anyone other than Greert River5 Community Association ManageTnent Limited ar its direetots a for our work tr for thi% r¢FK)rt. It 15 your duty to ensure thai Green River5 Community A$sltiOn Marwgemeni Limiied has kept adequate aecountÉng record5 arKI prepare ateounts thal give a inje and fair view of ihe assets. liabilbtits. financial pDsition and profil or lo&s of Oreen Rivers Communtiy Assrtiation Managemeni Lirnitd. You consider that Grecn Rivets Comtnunity As80ciation Management Limikd is ¢xanpi fftxn the Ststsjiory audit requ1Ments for the year. We have noi been instnjded carry Qui an ausjtl LY a review of the accthjnts of (ire£n Rivers C.omThuDity ASSla[10 Management l.irnil¢d_ For this reason. we have not verified accuracy or compldeness of the accouniin8 re£nrds or informalioTr and explanaiions you have givw) Io us 8nd we do Dot. therefore, express any opinion the financial statements. 19 De¢ember 2024 Midas Accountants & BusirK5s Corwltants Limi CharteTed Certified AOTrIants 183 Walsall Road GTf4t Wvrley Walsall We41 Midlands W56 6NL
Page 4 GREEN RIVE] COMMUNITY A&WIATION MANAGEMENT LIMII"ED srATEMEP4T OF FIP4ANCIAL AcfiiiiTIES INCLIIDING INCOME AND EXPLNDITIIRE ACCOUND 31sr MARCH 2024 2023 Ullrtstritttd fllnds U•restri¢fed funds No¢e5 lll¢omiDg reso#r¢es from thxritable ¢tivilies Turk 5hi>p and emr$hiP 555 lttttsmittg rtsomrtts from genernied fyDds Room Hire Donaiions and atIts Stock donii4)ns- In Kind DiJe¢t 4.654 52.115 32,81KJ 56.769 32,800 57.324 32.8(M> Co$t ofEeDer4tlDg funds Tuck shop purchase5 In Kirtd DIrL FundrHisin8 expenses 57.324 14.865} (5.0(M)) 32.800 14.844) Governance costs Charitable aciiviiies Net mowtmtAt itt lubds 47.459 27.956 Total fur¥Js brought forward 44.093 16.137 Toul fur¥Js carried forward 91,552 44,093 Th¢ DOt¢5 OD pgges 6 7 for of ihe account
Pge S GREEN RIVERSCOMMUNITY ASSOCIATION MANAGFMENT LIMITED REGISTERED P4IIMBER 6859tp)I BALAf4cE SHEET 31ST MARCH 2024 2023 P¥ol¢s Cprrent assets Debtors Cash ai bank and hand 150 92J79 347 46,226 92,529 46.573 Creditor5: falling due within one ytr (977) {2,481} Ntt ¢urrtnt 91.552 44.092 Totsl assets Its8 current liabilities 91.552 44.(P)2 Cfipitxl #nd rtter¥ts Profit lo&s acCot 91 J52 Total funds 91.552 44.092 F(w the year ending 31st Mch. 2024 ihe lmpanY wa5 tIlleI exqnFrtion from audit stttion 477 of the Companie5 Aci 21K relaiing to small compni¢s. Directrors. responsibilities The members have not Twuired the company kn obtain an atsdit ID Xe0Tdat with segtion 476 of t Companie5 Ad 2006. The Direclors acknoWkd8etiT resrthsibiliite5 forcofflplyingwith th¢ reqUireMts0fthc Act with respect to aeeounting rrfords and the prep3YaiiM of xcounts. These acrounts have been prepartJ accordance the pmvisions applithle lo companie5 subject lo the 5tnall companies. le. Ni¢ol# WRtts 19 De¢ember 2024 Tht notes psgts 6 7 form parf ofihe
Pagt 6 CREEN RIVERS COMMUNITY ASSOCIATION MANAGEMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS 31ST MARCI4 2024 Accounting polities Aceouxting tottwettlio# The financial aleMents are prepared under the hIOn¢al c1 convention and in accordar£ with the FRS 102 Seaion IA Small Eniiiies- The Fi]wicial Rerting Stathdard applicable tn the U.K. and Republic of Ireland. the ste¢t of Rec0metled Pr¥tice.' Accowiting ard RqKrtln8 by Charitits {Issued Marth 2(M151. and the Companies Act 2006. 1.2 FuDd cco¥nliDg Unrestricted fi]nds are vil*ble for at the discretion of the trutt5 ith futthe¥ance of the gene4Jl objectives of th¢ charity. IJ Incoming resoutttS All incoming r¢sources are incluiled in lh¢ 4at¢Tn¢nt of fiTwKial adivities when the charity is entitled to the ithcome and the amount quaniified with reasonable accurdcy. 1.4 Resources expellded ExpvndiL4Jre Is recognithl on an a¢¢nlS basis as a liability is inCUTr¢d. ExFÉtxlithr¢ ]ludeS any VAT whith Tr[L be recovered It is rewttsj part of ihe tFlDJrt io which it Telat Costs of geneniing fundscomprise the costsassoci8t with attrxting voluntary income and theeostsoftrading for fundraising purpos¢s. Charitsble ¢xtKnditure CoprISeS th0 c05ts ithcutred by the chariry in the delivery of its livI11eS and services for its bvn¢fJcencts. It includes Ix)ih COMS th c4n dirtily to suth a1ville$ and those costs of a indirwi natur¢ n¢ccssary to 511prt them. Govemance costs include ihose costs asslaIed with m¢¢ling the constituiional and ststutory rwuiremenls of the charity and include the accounts fees athd costs linked io ihe sirai¢gic managetna]i of the charity.
P#ge 7 C:REFN RIVEIIS C.OMMIIliITI' A&S(K."IA'I'lnN lANAr.EmF.T I.IMITED NOTES TO TIIE FINANCIAI. STATEMENTS (Comt.) 31ST MARCH 2024 TolAI resoyryes exp¢nde¢l 2023 GovtTrtttre costs Insurdncc Light and heal A¢counian¢y Genenl expertsts Repair5 1.421 2,6 1.017 2.780 77 77 158 4,845 Debtors Ptepayment5 150 347 Creditors: mounts fallillg within one year Accruals 977 2.481 CompAny limited by %RaraAtee Every [nenir of Ihc charity" undertakesto contrÉbu such amount as ma). be TequiThxl Ilioi excceding £1 110 the chaysly .% assds if It sh(>uld be wound up ivhile hclshe 15 a tnember. or within Ime year aller h&she Ce0 to be member, for payrn¢Dt ofthe chariiy'sdebts and liabilitlQ4 ¢OMractLxI before hdshe c¢&se5 10 Ir3 memkr. and of the costs. chargesand expetw% orw1J1ng up. and rthe adjustm1 ofthenghtsnf 1ContribUtOneSat0ng Ihetn5elv¢s. Gekntrnl i#fonngtion Green River5 Community Association Managemeni Limiicd Registered number 685(X)91 15 a limited by guaranii Company inLX)rw)rated in Englarj a1 Wales."Ithe Rcgistered oifiLe 15 KiNers C.entre. l Gr¢¢n Rivers Way. Blakenall. Walsall. Wesr Midlands WS_I_IBF.