R8gistefed numtrer 07372879 Quinbome Communty Association Company Limited by Guarantee Report and Accounts 31 March 2023 Charity number 1139062
Quinbome Community Association Cofflpany Llmited by Guarantee Rep)rt and accounts Year end•d 31 March 2023 Contents Trustees & Dir1$ Anryjal Report Independent EYAm1$ Repc¥t Summary of Statemerrt of Finartial ALwtss Balanrk sheet 1tr3 Notes to the accounts 7t012
Quinbome Community Association Company Limlted by Guarantee Year endgd 31 Alarch 2023 Trustg0s Annual Roport The Ttee$, who are DEre¢# for thè wrpose5 of th• C¢mpanies Art present 1heir f•p( and the unaLJii8d Finwrial Statemewts of the Charity for the year ended 31 March 2023 Chartty rggknation number 11362 n72879 Quinbomè Communty Centre Ridgacre Road Quinton Birmtngh2m West MKltaxls 832 2TWI Dlrectors and Trustees J Hathekl {pd} P Hatfield IChairman} T Smith J Smrth TOr (appointed 18107120181 E IA Baines lappoTrnted 25m9r20191 Company S•trotsry J Smrfh Wiliam Hussey CTA Ketsx mrted Three Oaks Whrte We Ash Green Guikjfrjrd Surrey GU126HW The organisatSon Is a ¢haritable ¢£¥nY fjmited by guarantee. whK was eststAished under a lemorandum of AssoLyation which establiShj thè objects and txThers ofthè charitsble company and is governed un(ler the Arbcle of Assooation. The cornpany was incorporale(I cn 10th September 2010 and remained domiant until 1st A1 2011, when it took over all of the ath"vrtie5. ets and liabilths ol the QuinLM>me Communty Asla.0 a regtstered thartty, number 218804 and whth OFerate¢ from the same premi8es. The accounts for 2012 reflect the introduction of the wevicrtss Charis Tt assets totatlThJ £52.174.
Quinbomg Communty Awlclatlon Company Llmited by Guarantee Year ended 31 March 2023 Trustees Annual Report {continued) Structure, Go¥emanc8 and Managunent {¢ontlnued) R•enthent and appolntsnent of Tru8tees •nd Dlrnetorn l Trustees are Dif8Ctots and the Boar¢J of TNste8s act 48 the Marragement comnNtlee. Trtee$ are elected at ts AGM arwj musl be woved by Ihe Board. Tru¥tse kndtIon and trdlnlng New membeFS ar8 apwnted fmm the hxal cormnity so are falI1¥th the area. They #re briefed beforehand by existing trustees and staff on the dwrtys objectives. h(rM Ét operates and eif respon¥iblities as Directors and Tnjstees. IAarRgemgnt and ¢ryaniBalional structure The day to day #th'e$ ol the Charity a undertaken by salaria(I s13ff. aH of whom are based the Ctsmmun ty Centre. The Board of Truatees, all ofwhom arg direc40rs. meet on a regular basis to fJis¢uss key stratag and manwent issues rnvofvry all asFe(s of the Charitys operation. Risk Managemont The direL#ors have assessed Ihe major wisks to th8 charity is èxpo$J. in particularlhos¢ related to the operations and finances of the charity, and are sth"sfied that adequate systems are In place to nlrft9ate afiy eXU[? to ¥u(a7 risks. The Trustees are responsible for weparing a trustees, annual Wer and financial slaiemenls in accordance wth app"¢able law and UK Attwnling Starmlards (Geraty Ac¢•pted Acc(ng Practice). Ctynpany law Fequtres Ihe charity trustee5 to prepare fmanfial Statem• fryr eac year¥hKh give a and tsir and comply wlh CtrnpanEs ACÉ 2(XK arwj Ihe Charilies SORP I FRS 102). As descriw in the Artide5 ofAsxKiabon the cPanIS Objve 15 to provlde fleS forlhè bènefit of the inhabitants of the Harbome and Quinton wghLx)Ur0d. Our core activth5 conb.nue to be supporbng the communty- & eklerfey wrfh a target of defeabng k)neliness. iSL4ation & sup"9 the disadvantaged. We have ¢reated friendly dTVP in facilities, with a rarKJe of room sizes & use optKJns, wth p9[ed kitchen & refreshments tscilthes. Happy Comer NLW. a private enterprise operates wthn the building working closèty with us to SUFPOrt the need5 of young familEs and wtsLschool chikjfen. The nursery re-oponad in January 2021 in acc8rdance wrth govefnmenl guide1¢rS and has beèn well atterKled thrwghoulthe yw. The financkil year 2022-23. cTheI by these acrthnts. is the firsl full year after CcThfwJ mtrKJions were lifted. The centre has gradualty returned to prVId number5 over Ihe year.
Company Llmlted by Guarantse Year ended 31 March 2023 Trustees Annual Report Icontinu•d) Our ongoiThJ alm wim be supwt in tho CrnVnrte$, recovery frryn the deffl & the unprecede e0)nOm eflect rt has had. with th6 target ot defeatirvJ lon[ne¥s. isolation and suppwbng the disacfvantsged. The Lottery pwuwded a grant of £32,850 to assi8t with our Lèarn Together Courses. A omtplete fefit ofthe rcdvras undertaken (knber 2022 and March 2023. whbch will enablg a refurbishment of targe parts tsFth¢ buil19 whicl) suffered from leaks. Funding was pfovkled by an Awatds for AM grant and Ihe diredors will athy forfvther gr•nts to fa.1¢tate th• onging reft4rbishmenL Finan¢es will continue to be Very tight aThJ CNJf man corKern will continue to the increased cost of util¥ties.There is an outstarKling amwnt due in reskwt of e*triO as detailed in ¢reditors and this be repaid during the currant y8ar by incxeasing Ihe dired debit. The irKxease in overall costs, noi least the minimum wa. has meant that we rductanty ¢¥eaSed room hire eharges by 10%. The Directo and Centre Manager are updab.ng the existiNJ bUs1rSS an and we r&main confident that the centra will ¢ontinue to grow an(J successfvl Ythh the hard work and commiiment ofthe Directors, Managemert staff and all of cyjr suppfftrs. Paul Hatfield Chaiman July 2023
Qulnborna Communlty Assoclalion Company Limited by Guarantee Year ended 31 March 2023 Independent Examinerfs report to the Trustegs and IAember¥ I report on the accounts of ASlakn forlhè yearended 31st March 2023 which are sel oui on e5 5 to 12. Rospectlw rn¥ponsibililies 0fTruSt and Examir The chatrtls Trytee$ (who are also Ihe dire<aor5 of tr cY)mp8nyforthe purp)ses of camwy ll1 are respx)nbk for the Kryaratiw ofthe accoun. Thè charttys Trustees consKlerlhat an audit is not required for thts year underseclhjn 144 ofthe Chwtss Ad 20111thÈ Ad} and that an in<leFendent examinatwjn needed. 11 i8 my responSibty to". examine the accounts {under wlion145 rfthe Ad)., to folllyw the proOUTeS laitl &Jwn M) the General Dir9cl)n$ gNen by the Charty Commt88ion lun(5¢f sectK)n 14515llbl of the Act., aThJ Ba$1$ ot th8 Independent Examlnorfs rnport My examination was carried oth in aCCrdarTh with thg Gewal Dffeciions gNen by the Charity Commissioners. kn examinab.on indudes a revivw ofthe acwuntirHJ re¢ord$ kept by the charity and a comparison ofthe aCCnts prèsèntY WFth those rordS. tt also lleS c0nsldeTatsL of any vnusu81 items or disclosures in the acCnts. a1 seeking ewaftabons from you as Trustees corming any Sh fflatters. The procedures und8rtaken do rK)t provide a¢1 the evidence it would be required in an audit, and rx)nsequenty no opinK)n is gNen as lo whether tr accounts present a'lrue and fairf, vivw and Ihe rewt 15 limibj to tIK)se set in the stalom b810w. Indeeftt Examinerf5 ststsment In comection wrfh my examination, no matt¢r has come to my attention." {11 whth gives reasonable uSe to believe thal in. any material respecl. the fequlrements .' to keep accountirrfJ records in aecfjrdm wilh se(on 386 of the Companiès Act 20C6.' to prepare aCCots actord with ts accAxJnb"wJ recc¥ts. cthnptywth the 8ccountiryJ requirements of secbon 396 of the Companies Act 20 arxl with the rnethods aThY prir1ples of Ihe statement of Rc(mnnded Practi. ALxouthu xl ReWb. for Ctwities 121 lo whiL. in my opinion. 8ttWlic shwid be drawn in Lyderto enatrAe a proter w¢derstsnthng oflhe a¢cwnts to be reach&J Willtam Huss¢y GTA Ketax Limsted. Ar£oLmtarry and Taxat Athisors Three Oaks. hrte Lane, Ash Green GLNkthrd. Surrey, GU12 6HW Hussey CTA 19th Juty 2023
Quinbom? Communlty As¥oclation Company Limited by Guarantse Statement of Financial A¢tivities for the year ended 31 March 2023 2023 2022 Incoming resourc 225.632 190,367 Grants payable 12.993) 16221 222,639 189,745 16 Dired (xyJts Administrative e4)ertses 122,5031 1222,5311 19.3021 1203.6821 IrrteTest recewable Irrtèrest payabte 450 11.1(B) 32 (Lossl aft•r interest (23,207) Tax {LossV Surplu& forthe y¢ar 23.051 23,207
Qtslnborne Communlty Association Company Limlted by Guaranto9 Balanc• Shoot Company number 07372879 as at 31 March 2023 2023 2022 Flxd TangitAe assets 1,704 2.271 current assets Debtors Cash ai b8nk and in haTrJ 6.005 68,144 72.149 44.635 Credito. amounts fallkng due within o)È year (17.685) 17.919} Net curront a•s•ts 35.398 64.230 Totsl assets less ¢urY•nt liabilFties 37.102 68.501 Creditors". amounts faling dug after more than one year 10 118.094) (24.442) 19,¢)08 42.059 Funds Unrestricted Restricted Totsl fvnds 12 12 14.628 4,380 19,(8 25,684 16,375 42,059 The dtredors we satisfjed that the (x)mparry entilW to exemFrt* from Ihe rpquirement to obtain an audrt under section 477 ofth8 CcmwÉ85 Ad 20rA. Members have not required the CpartY to otrAain an audit in accOance with sethon 476 of the The directW5 acknedge their res$1b11it1es for eornth.ng with the requirements of the Companies Acl 20L% vrith re5ped to actounling recc¥ds and the preparation of acunts. The accounts have been prepared in with the prnvis•)ns in Part 15 of the Compani8S Act )06 applicabte to a)mpan5 subject to the smal companies r8gimè. P Hatfield Dlrectors Approved by the Board on lglh July 2023 rhe notes on pages 7 to 12 IC W of Ih•st Statements
Quinborno CommuTrty A$8oclation Company Llmited by Guarantse Notes to the Accounts for the year ended 31 Marth 2023 1 Accountiry pole5 la) Basis olpreparatlon The financial state[Tts have been prer8d under the hi8torical ¢03t cOnVentft, in accordanc• with ihe provisions of the COmpanS Act 20(. the Statement of Recommended Practice for Char¥b"es IFRS 1021 and the Charrbe5 Act 2011. A cashllcthf Statement has not been prere(l in accordance with the exnpt10n wo¥ided by SORP { FRS 1021 bulbelrn 1 F•bDtsry 2016 Ib) Incoming Resou5 Voluntary income including donalic¥)s ar gin5 and surpluses frn fundraising actiwb.es are reco9ni8ed #i full in the Finala1 Statements when receivable. Gr, indudtng grants fcx the purtha$e of fixed assets, are recognised in full Ihe Financial StateMt$ in the year in wCh they are receivable. {¢) Grants Unrricted fundg are 8V8ilable for use at the discreb.on of the Trustèes. RestriGted funds must be used in ac¥xJrdance wdh the SFufic iesln'rkns im[sed by the donors. Idl E¥penokn Expenditure Is Fndudgd in the AInts on ac(xual bask%, inclusive of irrecoverable VAT. le} Stocks Stoeks of deanirq rnatell and statsonery¥e vthe¢J at the kwer of cost and net realisabie value. lfj Fi¥edass•ts Frxed assets are dewecAted at25% perannum on a r8(lucing balar basis. Igl Leasing andhire purchase Commitfftents Assets hdd under fmance leases and lire purcase eontrs, whKh are those where substantialty all the risks and rewards of ownership of the asset have passed to Ihe company. are cw'talised in th8 ba5ancè sheet and deprea.ated over their usefvl Iwes. The Curesp)r1ng lease or hire purchase otAigation is tfeatsd in the ba5ance sheet a3 a lialylty. period of the lease and represents a constant wr4hyb of the baLan of capital repayments outstanding. Rentals paid under opernng *$¢$ are diarged to income on a straiglrt line basis over the lease term. 2023 2022 Thi8 is stated after chargirg.. DeprecAation of fixed a38ets 567 757
Quinborno Community Association Company LimÈted by Guarantee Notss to the Accounts for the yoar ended 31 March 2023 3 Itrt•r8st payable 2123 2022 Intsrest payab 1,1C6 4 Tangib fixod ass8ts Plant and machingry At 1 April 2022 At 31 March 2023 68,086 Depreciatlon At 1 April 2022 Charge forlhe y&ar At 31 March 2023 65.815 567 68,382 Net book value At 31 March 2023 1,704 At 31 March 2022 2.271 S Dèbtorn 2023 2022 Trade debtors 6,005 6 Credlloys: •mounts falling due wlthin onè year 2023 2022 Bank loart5 arKI obprdrafts Trade ¢redrtor5 OthertaJ¢es and sooal sec#Jiity co 7,452 8,599 7,452 11,124) 331 1,260 7.919 1.634 17.685
Quinborne Community Assocl•llon Company Limited by Guatantse Notes lo the Accounts for the year ended 31 March 2023 7 Slaff and p*ion arrnng•m•nts The company took on all oflhe staff eMpkn by the wevious chaiity. The wefè 9 employees a$ at 31st March 2023 Ytho w(xked Varn9 hours. FNe members of slaff eamed morè than £10,000. No employee was paKI than £60.000 per annum arKI no femunerat4)n ha5 tseen paid to any ol the directcrfs or Tnjstees. only 8XFenses. The altentw)n of all ffernbers of slaff ha5 been drawn to the¥ eligikn.lity fty a stakehohY8r pènsw. and empw havè been alrttrenrled from 1st April 2017. The Gornpany is aware ol it5 obligab.ons uThJer the wisK)n autwrotm8trt legvdlation and Karl H¢Jwdl has been nominated as the COFrta¢t with the PensKX)s R89uklcK. B Ridgacrg L•lsur• Umtt•d Quinbome Communtty Assouation prowts aco)mmc¥latK)n and 1pn7I for 8 bar and cafeteria for users of rts facilrfies. The bar * cafeteria were by Ridgacrè Leisure Limited.Thig company acted as a trading company for the Asscciation and passed all of its proffts over to Iho Associ8tion Gtft AÉd. The shares in company were all kEld by members of the Board of Truste85. From 1st Aprfi 2012 QUInbcne Communty A¥swation has taken over the operabon of the bar and (afeteria and applicalion was made to Ihe R8gister of C(•nparHes for Ridgacre to be stDKk off. The cornpanywas dissolved on 13th Mar¢h 2013. 9 Leases The Company ha$ a 25 year kase on its remise5 fTDm BirmiTrJham City CouTrryl with effeet from 3rd tkcember 2008 at an artnual ntaI ot £32.500 pa. The rent is fulty l¢Jnd>Y by a grant from City Councd, LKrt the cnrnpany does havè lo pay bysiress rates and a rna1ntenan charge tts the Cty Counol.The tompany has leased a n8w ptrr drj th6 y8ar. 10 Cr•ditor5: pmounts fvlling duè aller ong yr 2023 2022 Bank l¢)ans 18.094 24.442 11 Taxation A5 a charity QuIntMe Communty As50ciakn is exempt from tax on Incffft and gains falling within se¢tK>n 480, Cryration Taxes Act 2010 and Secti 256 of the Taxation of Chargeable Gains Act 1992, to the •xtentthat these are ap1 to its chattabjè objeclwes.
Quinborne Communlty Associallon Company Limited by Guarantso Notes to tho A¢counts for the year ended 31 March 2023 12 Statement offvnd AllAl 2022 Incthning Resour At 31 March 2023 Restricted furMIs Awar(s lor The Big L¢ttery Harboff Pallsh Lands Tumer Trust 16.375 11,995 32,850 11,212 3,000 4.380 32.850 11212 3,C(JO Total restrided frJnds 16.375 47,C62 Unrostrieted knds 25,684 179.020 1,076 14.628 Total of all fijnds 42,059 226,082 249.133 19.8 13 Purpose of fund accounts The Aw4rd$ For All funds will be used for funding rEw courses. replaong wndows and equipment,. the Lottery fiJnd$ are lorlhe leaming Togthr C[se$,. the Harbomtr Parish Lands funds ar8 for the friendship lurth cbJbs.' ttle Tumer Trust fuThJs are kn Core activities. 14 Compony LITh1•d by guar The company is limited by gLarante8 3fKI as at 3181 March 2023 there were three members, au ofwhom were rnernrS th• cL¥npany was incorporated. In accordan wrth the Artides of Assctiali[ the liabtlty of eath rnemter in the 8v8nt of the company being wound up is restn.cted to £1. 15 Related party transaction5 The company did not make any paym1$ to the Dire(aors. is no ullim* Control pafty. the cornpany being lim[d by gu8rantee. 10
Qulnborne Communlty Ase4? Company Umrted by Guarnntee Notes to the A¢¢ounts for the year ended 31 March 2023 2023 2022 16 Incoming resources. UryostrW fuNIB Donat£ons Rental gra other grants Quinbome rA)twses Cafe re¢uperdtitin Fund raising HMRC JRS Grant BCC Grant Vendin9 mh)• sal8s Room hire utility re¢harges Costs recharged Lund)eon club actNil 16 Incoming r880urces rnstrlct Harbome Parish la1$ Colin Simmonds Estate C(poperatNe sOty Amold CL7rk Auto CAF Douglas Tur Tn(st BVJ Lottery fuThJing 7,488 32.500 3.679 32.500 4.000 279 13.187 2.294 28.616 897 352 58,275 4,328 65 1,340 26.685 2287 1,357 92,144 4.174 9,7 11212 10,000 1.500 1.000 2.000 3.000 32.850 225.632 26.075 190.7 16 Grdnts payab National Lottery Communty Fuw¥J Donthns 2,863 330 2.993 622 Olrgct purcha88S Cafe purchase$ Vending machire purchases LEEncheon club expenses Miscellane¢u8 purchases 16.380 202 5.723 198 7.762 288 1,239 13 22.503 9.302 11
Qulnborne Comfflunlty Assla Company Limited by Guarants• Notes to the Accounts for the year ended 31 Ilarch 2023 2023 2022 16 AdminbStr3tlvg •xpons•s EMoYee costs.. Wage3 and salaries Workwear Pensio Employers Nl Tutot expee$ 116.948 118 1.853 2.058 4.315 111.224 388 1.867 2,212 115.491 Premises costs.. Rent Rates Light and heat Insurance Repairs and mrrKe Cleaning Refuse collectic and safety Ch*$ 32.500 3.122 28,668 4.700 9,601 1,233 1.524 4,149 85.497 32,500 3.043 17,265 4,169 8,897 492 2,453 3,982 GÈner21 administrative expenses.. Tèlephone and fax Postage Ststionery and printing General offts &ypenses cences Bank chor Equipment expensgj Equipment hire Sofvare 1.154 193 1,103 388 1.159 1.628 3.561 641 494 2.449 1.915 757 1,017 782 1.495 3.162 1.974 Legal and professional (>ists: Acctsjntancy fees rtisirvJ and PR 1.176 1,17e 119 1,295 222,531 203.682 12