2024-03-31-accounts

REGISTERED COMPANY NUMBER: 07372879 (England and Wales) REGISTEREO CHARITY NUMBER: 1139062 Unaudited Flnanclal Statements forthe year ended 31 March 2024 for Qulnbjrne Cornmunlty Assoclatlon Llmtted (A Company Umlied by Gtsoronte¢) NlckJlri Accouniancy Service5 Llmit (hurth Court Stouibridge Road Hale50wen .We5t Mldland5 B63 3rr Iilllliiiii *AOIFTkQR• 2111212024 COMPANIES HOUSE A17

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QuintKJrne Commtsnity A5￿CIatIon Umlled Contènts of Ihe Fln3nclal Statements for the year ended 31 Mèrch 2024 Page Report of the Trustees Independent Examlner's Report ststement of Flnanclal Actlvllles Balance Sheet Notes to the Flnanclal Statements 7 to 11 Delalled Stslement of FI￿n¢la1 Artfvllles 12 to 13

qulnborne Communlty As50Ciatlon Urnited Report of the Trustees for the year ended 31 March 2024 The trustees who are olso dlrectors of the charty for the purposes of the Compan5es Act 2006, present thelr ￿port wlth the financlal staternents of Ihe chailty for the year ended 31 March 2024. The trustees have adopted the pro￿S1OnS of Accounbng and ReFQrting by Chartties.. Statement of Recommended Pracuce apkqlcèble to charities preparfng thelr 6ccovnts In accordance with the Flnanclal Rep)rtlng Standard applicable In the UK ancs Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms As destflbed in the artlcle Df 35sc<latlon the Cornpanvs objective is to provldo facilltles for the benefit of the Inhabllants of the Harborne and Qulnton nelghbourhood. The company operates the acltvltles prevlously operated by the Qulnb)rne CommunSty Assocl3hon and there Is a contlnulty of staff and senlor management. The flnanclal year of 2023124 has seen the centre return to a full pre pandemic seNice with an Increase In attendante In all area5, Enqulrles from new groups have resulted In a number of new booklngs. The Learn Togelher Pfctyjramme funded by the Bl9 Lottery came to an end In October 2023. Most of the courses cont5nued whlle pn applkatlon for further fvndlng was cornpleted and submltteij. we are pleased to announce thal thls second appllcadon has been successful wlth fijndlng granted for Ihe next 5 years to Ihe sum of £200,000. Wllh ongoing hl9h Lthllty ¢haiges and a subslanllal Increase In the nauonal rnlnlmum wage we wlll endeavour to operate a very tiglit tonlrol on our expendlture and an In¢rease In rooffl hlre fees, will be dlscvssed for September 2024. We wlll conunue to pursue exteinal grants and lundlng to suprK)rt the wlder communlty we sery& STRUCTURE, GOVERNANCE AND MANAGEMENT Govorning document The charlty Is controlled by Its governln9 document, Its mernoraThJum aTrl artlcles of a5soclatlon, and constMule5 a Ilmlted companyi Ilmlted by guaiantee, as deflned by the Companles Art 2006. Managementand Organlsatlonal structura The day to day actlvltles of the charfty are unilertaken by 5alarled staff, all of whom are based at the Communlty Centfe. The toard of Trustees, all ol whom are dlrectors, meet on a regular basls to dlscuss key 5trate9lc and management Issues Invol￿n9 all aspects of Ihe Chèilty's operatlon. Recrultment and appolntmentolTrustees and Dlrector8 All Trustees are Dlrertors and the eoard of Trustees att as the ffljnagement commlttee. Twstees are elected at the AGM and must be èpproved by the ￿3rd. Trustee Inductlon and tralnlng New members are appolnled from the local communlty and so are famlllar wlth the area. They are bilefed beforehand by exlsting trustees and slaff on the chartty's obJectives, how It operates and thelr re5kx)nslbllltle5 65 Dlrector5 and Tw51ees. Rlsk thanagement The dliectors have a55e55ed the rnajor N5kg to which the charity Is exposed. In partlcular those reloted to Ihe operatlon5 and finan¢eg of the charity, and are satjsfied that èdeouate 5yslems are In place to millgate any exposure to such rfsks. REFERENCE AND ADMINISTRATIVE DETAILS Reglgtered Company number 07372879 (England and Wales) Reglstered Charlty number 1139062 Reulstered offl¢e Qulnknrne Communlty Centre Rtd9acre Road Qulnton Blm)Ingam West Mldlands 832 2TW Page I

Qulnboine Communlty A550clatton Llmiled Re￿rt of the Trusiees for the year ended 31 March 2024 Trustees P Haffield Chalrman LADodd E M Baines Ireslgned 20.9.23} M H Taylor T Smlth J Smllh Company Secretary J SD)Ilh Independent Examlner Nlcklln Accountancy Setvlces Llmlted Church Court Slourbrldge Road Halesowen West Mldl3nds B633 STATEP4ENT OF TRUSTEES, RÈSPONSIBILITIES The trnslees (who are also the dlrectois of Qulnbcjrne Communlty A59)clatlon Llmlted for the purposes of company law) are resp)nslble for preparfng the Rep)rt of the Tru5tee5 and the financial statemen15 In accordance wlth appllcable law and Unfted Klngdom Accounung Standards (Unlted Kjngdom Generally Accepted Aecauntlng Practicé), Company law requlres the lJu*es to prepare flnJnclal Stat￿nents for each flnanclol year wl)Ich glve a iTue and falr vlew of the stale of affalrs ol the charflable company and of the Incornlng re50UFres and applicatlon of resource5, Includlng the Income and expenditure, of the (har51able company for that perlod. In piepJtln9 those financlal sialements, the trnstees re requlred lo select suliabSe accountlng pollcles and then apply ihem conslstendyi obseNe the methods and prtnclples In the Charity SORP. make Judgernents and eslimates that are rea9)nable and prudent. prepare the financlal statements on the golng concern ba515 unless It Is Inapproprlate to presume that the charllable coii)pany wlll conunue In buslness. The trustees are re¥Jonslble for keeplng proper accounting records whlch disclose wlth reasonable accuraty al any tlme the flnJnclal poitlon of Ihe Charitable company and to enablÈ thÈm lo ensure that the tlnanclal statements comply wtth the Companles Act 2006. They are also r&qponsible for safeguarding Ihe assets ol the charilabfe company and hence for taklng reasonable 5tep5 for the preventlon and detecuon of f(3ud and olher liregularitles. Appmved by order of the ￿3rd of tnjstees on .... . . and signed on Its behalf by,, P Hatllelti . Twstee Page 2

Independent Examiner's Rep)rt to the Trustees of Qulnborne Communlty A550clollon Llmiteil Independent examiner's report to the trustees of Qulnborne Community Assoctation Llmlted ('the Company'l I re￿rt to the charlty trustees on my examlnation ol the accounts of the Company for Ihe year ended 31 March 2024. Responslbllltles and basls of report As Ihe chariivs tfustees of the Company (and also Its dlfectors for the purposes of company law) you are responstble for the preparalion of the accounts Ir) accordance with the requlrements of the Companies Act 2006 ('the 20D6 Act'l- Havlng sat15fied my5elF that the accounts of the Company are not requlred to be audlted under Part 16 of the 2006 Aci and a￿ ellg.lble for Independent examlnation, I rewrt In respert of my examln3llon of your charlty's accounts 35 carrled out under Secuon 145 of the Charities Act 20111'lhe 2011 Act.). In cairylng out my examlnatlon I have folkiwed the DirectSons glven by the Charity Cammissbn under Section 145(5) (b) of the 2011 Act. Independ-ent examlner'sstalement Slnce your charity's gross Income exceeded £250,000 your examlner must be a niember of a Ilst6J b￿V. I can confirm that l am quallfied to undertake the examinatton because l am a member of the Inslilule of Chartered Accountants In England and Wales, whlch Is one of the Ilsted bcdles. I have cornpleted my examlnatlon. I conflfm that tio mattels have come lo my attenllon In connettjon with Ihe examination glvlng me cause to belleve: accountlng records were not kept In respert ol the Company as requlred by Sttuon 386 of the 200S Att; or the accounts do not accord villh those records. or the accounts do not comply wllh the accountlng requlrernents of Sertlon 396 of the 2006 Att other than any requlrement that the accounts glve a twe and farr vlew whlch Is not a matter ¢onsldered ès part of an Independent examlnatlon. or the aCCOLfnts have nat i)een prepared In accordance wlth the meth￿$ and princlples of the Statement of Recornmended Practice for accounllng and reportJng by charlues {appllcable to charltles p￿parIng Ihelr i¢counts In accordance ¥vith the Flnanclal Rewffjng 5tsndard appllcable In the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters In connecbon wllh the examinallon to whlch attenllon should be dra¥Yn In thls repjrt In order to enable a proper undeislanding of the accounts to be Teathed, Mark Howell FCA Nlcklln Accountancy SeTvlces Umiled Church Court Stourbrtdge Road Halesowen West Mldlands B63 3rr Date: Qocort kn 2021fr Page 3

Qulnborne Comrnun5ty A5soclallon Llmited statement of Flnanclal ACtI￿veS foi the yeor ended 3 k March 2024 2024 Total funds 2023 Total funds UnreslrlcteiS fund Re5trld fvnd5 Notes INCOME AND ENDOWMENTS FROM Donabons and legacles 32,018 32,018 7,488. Charllable actlvltles Comrnunity support seNlces 207,641 25,425 233,066 218,144 .Investmenl Income 747 747 450. Total 240,406 2S,425 265,831 226,082 EXPENDITURE.ON Charltable actlvlties Cornmunlty supwrt seNicÈ5 249,982 24,805 274,787 249,133 NET INCOMEI(EXPENDITURE) (9,576) 620 (8,956> (23,051) RECONCILIATION OF FUNDS Total funds brought foNiard 14.628 4,380 19,008 42,059 TOTAL FUNDS CARRIED FORWARD 5,052 5,000 10,052 IY,008 The notes foTffl part of these flnancial statements Page4

Qulnb)ine Community A550Ciation Lirnited Balance Sheet 3J March 2024 2024 Tola funds 2023 Total funds Unrestrtcled Tund Restrlcled funds Notes PIXED ASSETS Tanglble assets 1,278 1,278 1,704 CURRENT ASSETS Deblors Cash at bank 7,367 26,569 7,367 31,569 8,448 44,635 33.936 S,OOD 38,936 53,083 CREDITORS Amounts fallln9 dué wlthln orbe year (19.522) (19,522) (17,685) NEf CURRENT ASSEYS 14,414 5,000 19,414 35,398 TOTAL ASSETS LESS CURRENT LIABIUTIES 15,692 20,692 37,102 CREDITORS Amounts falllng due after more than one year io (10,640) (IP,640) (18,094) NET ASSETS 5,052 5,000 10,052 19,008 FUNOS Unre5trlrted fvnds Resid¢ted fijnds 12 5,052 5,000 14,628 4,380 TOTAL FUNDS 10,052 19,008 The charlt4ble companyls enlllled to exempllon frorn audlt un(ler Sertlon 477 of the Companles Act 2006 lor the year ended 31 March 2024. The mernbeis have not rquired the company to oblaln aD aud￿ of Its flftanclal statements for the year ended 31 March 2024 In accordance wlth Sedlon 476 of the Companles Art 2006. The tW5tee5 ocknowledge thelr responslbllllles for (a) en5uilng that the charitable company keep5 accounting records that comply wlth Seitlons 386 and 387 of the Companles Act 2006 and (b) .prep3ring financlal ststements whlch glve a true and falr vlew of the slate of affalrs of the charllable company as at the end of each flnanclal year and of Its surplus or defic￿ for each financlal year In accordance wlth the requlrernents of Sectlons 394 and 395 and which otheTrYi5e comply Wilh the requlrements of Ihe Companl&s Act 2006 relatlng to financlal stoternents, 9) far as apr41cable to Ihe charftoble company. The notes form part or these finonclal staternents Page 5 continued,,.

QulnivJtne Communlty Assoclallon Llmlted Balance Sheet . (onllnued 31 Mawch 2024 These Ilnandal.5tatements have been plepdrcd In accordance with Ihe provislons oppllcable to chèrltable companles .svbjecl to the small companles regime. The flnanclal statements were approved b¥ the ￿3rd of Trustees atld authorlsed for Issue on nd were slgned on Its behalf by: P Haffield . Trustee J Smlth - Trustee lhe note5 form partof these financlal statements. Page6

Qulnt)orne Community Associauon Umiled Note5 lo the Flnanclal Slalemenls for Ihe year ended 31 March 2024 ACCOUNTXNG POLICIES Basls of pr8parlng tha Ilnanclal statements The flnanclal ststements of the chaiilable company, whlch Is a putdtc benefrf( enitty under FRS 102, hbve been prepared In accordance wtih the Chariues SORP (FRS 102> 'Accounting and Repjrting bv Ch3rllles'. Statement ol Recofflmended Pract1￿ appllcable to charibes preparing their accounts In accordance wllh Ihe Flnanclal RekxJrt5ng standard appllcable In the UK and Republic of Ireland (FR5 102) (effective l January 2019),, Flnanclal Rep)rting Standard 102 The Flnanclal Reportlng Standard appllcable In the UK and Repvblit of Iceland, and the Companles Att 2006. The finantlal statemenls have beeft prepared under the hlstorfcal cost convenlton. In¢am6 All Income15 recognlsed In tlie Slatement of Financial Activilles once the charity has entlmement lo the funds, It Is probable that the Income will be received and the amount can Ee rneosured rellaLIy.. Expandlture Uabllilles are re(0gnlsed as expenditure a5 ¥))on as Ihera Is a legal or construcuve obllgallon commliljng the tha￿ty to ihat expendlture, It Is probable that a transfei of economlc benefits wlll be requlred In settlement and the amount of the obllgatson can be measured rellably. Expenditure Is accounted for on an acciuals ba51s and has been classified under headings that aggregate èll cost relaled to the category. Where costs cannol be dlreclly attrlbuted lo partfcular headlngs they have been allocated to actlvitles on a basls can￿Stent wlth the use of re50urce5. Grants offered subject to conditlons whkh have not been met at the year end date are noted as a commllment but not accfued as expendrtuo. Tanglble flxed assets Depreclallonls provided at Ihe followlng annual rates In order to Wttte off each asset over Its estimated useful lire. P13nl and machlnery 25Vo on reducln9 balance Taxatlon Tlie charlty Is e¥empt from corporèdon tsx on ils charllat4e actlvitles. Fund accountlng Unrestr1cted funfls can be used In a¢cordance wllh the charftable obj￿¥Ve$ at the Olscrellon ol the tnjstees, Restrlcted funds can only be used lor particulai re5tflcted purpose5 wllhln the obJKts or Ihe charlty. RestActlon5 arise when 5Wlfied by the donor or when funds are raised for particular re5tr1cted purpose5. Further explènaiion of the nolure and purp)se of each lund Is Included In the notes to the flnanclal stalemenls, Pémslon costs and other post-retlrement beneflts The charltable.company operates a deftned contslbutlon penslon scheme. Conblbuuons payable to the charliable company's penslon xheme are charged lo the Stalement ol Flnanclal Acllvlttes In the perio(1 to whlch Ihey re13te. INVESTMENT INCOME 2024 2023 Bank Interest 747 450 Page 7 contlnued...

Qulnborne Communlty Assoclatlon Llmlted Notes lo the Flnancial Statements - contlnued lor the year ended 31 March 2024 ET INCOmEI{EXPEND￿URE) Net Incomel(expenditurÈ) Is slated after chargIng1(C￿dlttnll>.. 2024 2023 Depreclallon - owned assets Independent exomlnolion fee5 426 1,236 567 1,176 TRUSTEES, REMIINERATION AND FIENEFITS There were no tnjstees. remuneralion or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Tru5tees' expenses Theffj wère no Ifllstees, expenses pald for ihe year ended 31 March 2024 nor for the year ended 31 March 2023. STAFF cosrs The average monlhly nuniber of employees durlng the year was 9 (2023.. 8). No employee5 recelv&J emoluments In excess of £60,000 COMPAiATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Vnre5tr1cted fvnd Reslrlcled funds Total funds INCOME AND ENDOWMENTS FROM Donallons and legacles 7,488 7,488 Charlt)ble actlvltle Communlty SUPIKsrt servlces 171,082 47,062 218,144 Investment Income 450 450 Total 179,020 47,062 226,OB2 EXPENDITURE ON Charltable actlvltle$ Communty suppkirt Se￿CeS 190,076 59,057 249,133 NET INCOMEj(EXPENDITURE) (J 1,056) (11,99S) (23,051) RECONCILfATION OF FUNDS Total fuiids brought forward 25,684 16,375 42,059 TOTAL FUNDS CARRIED FORWARD 14,626 4,380 19,008 Page 8 contlnued...

Qulnix)me Communlty Assoclatlon Llmlted Notes to the Flnancial Statements - continued foi the year ended 31 March 2024 TANGIBLE FIXED ASSETS Plant and machlnery COST At l Aprtl 2023 and 31 March. 2024 68,086 DEPRECIATION At l April 2023 Charge for year 66,382 426 At 31 Marth 2024 66,808 NET BOOK VALUE At 31 March 2024 1,278 At 31 March 2023 1,704 DEBTORS. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtor5 7,367 8,448 CREDITORS: AMOUNTS FALLING DUE WITHXN ONE YEAR 2024 2023 Bank loan5 and overdrafts (see note 11) Trade ciedilors Oihefr credllors 7,452 10,417 1,653 7,452 8,599 1,634 19,522 17,685 ,io. CREDITORS: AMOUNTS FALLING DUE AFTER MORETHAN ONE YEAR 2024 2023 Bank loans (see note 11) 10,640 18,094 .11. LOANS An anèlysls of Ihe matuilty of loans15 glven below.. 2024 2023 Amounts falllng due wlthln one year on demand: Bank loans 7,452 7,452 Amounts falling between one and iwo years: Bank loans - 1-2 yeafs 10,640 18,094 Page9 contlnued..

Qulnlx)rne Community Ass￿l3110n LimiteLf Notes to the Flnanclal Stalements - continued for the year ended 31 harch 2024 12, MOVEMENT IN FUNDS Net movement In funtls At 31,3.24 At 1.4.23 Unrestrlcted funds General fund 14,628 (9,576) 5,052 Resttlcted funds Award5 for All Edward Cadbury 4,380 (4,380) 5,QOD 5,000 4,380 620 5,000 TOTAL FiINDS 19,OOB (8,956) 10,052 Nel movement In funds, Induded In the ab)ve are as follow5: Incomlng resources Resources expended Movement In funds 'Unrestrl¢ted funds General fund 240,406 (249,982) (9,576) Restrlcted funds Har￿rne Partsh Lands The Blg Lottery Awards for Al Edward Cadbury 4,050 16,375 (4,050) (16,37S) (4,380) {4,360) 5,000 5,000 25,425 (24,805) 620 TOTAL FUND5 265,831 (274,787) (8,956> C¢mparatl¥es for nioveinent In funds NÈt movemenr In funds At 31.3.23 At 1.4.22 Unrestrlcted fund5 General.fund 25,684 (11,056) 14,628 Pestrlcted funds Awaids for All 16,375 (11,995) 4,380 TOTAL FUNDS 42,059 (23,051) I?,OOB Page 10 conllnued,..

Quinfry)rne Comfflvnlty Ass¢xlallon Umlted Notes to the Flnanclal Slalernents - continued for the year ended 31 March 2024 12. MOVEMENT IN FUNDS- contlnued Compaiative net movement in funds, Included In the above are as follows., Incoming Fesouices Re￿Vr¢e$ Movement In funds Unresttlcted flind5 General fund 179.020 (190,076) (11,056) Restrlcted lunds Harborne Parlsh Lands Tumer Trust The Big Lortery Awar(is lor Ati 11,212 3,000 32,850 (11,212) (3,000) {32,850) {11,995} (Jl,995) 47,062 (59,057) (11,995) TOTAL FUNDS 226,082 (249,133) (23,051) Purpose ol Fund accounts". The Awards for Al funds15.vsed for fundlng new courses, replacln9 vilndows.and eqv5pment. The 819. Lottery funds are for the Learninp Together courses. The Harborne PaFlsh Land funds are for the [￿endshIp and luncheon clubs. The Edward Cadbvry fund Is to be spent on refuiblshlng the hall. 13. RELATED PARfrf DISCLOSURES There were no felated party transacltons for the year ended 31 March 2024. Page 11

Qulnborne Communlty Association Llmlted Delalled Statement of Finandal ArtivlUe5 for the year ended 31 March 2024 2024 2023 INCOME AND ENDOWMENT5 Llollatlons and leuacies DOna￿on$ 32,018 7,488 Xnvestment Income Bank Interest 747 450 Charltable actlvltl89 Rental grant Quhborne courses Cafe recuperation Fundra151ng Vendlng machlne sales Room hlie Ulillty recharge5 Lun¢he¢n club a¢llvllles Har￿rne Parish Lands Douglas Turner Tnjsl Big Loitery fvndlng Edward Cadbury Field Famlly Trust Warm Space5 Baron Davenport Central Co-op Other Income 32,500 3,822 29,250 6,938 J,619 103,457 6,625 9,587 4,050 32,500 2,368 26,685 2,287 1,357 92,144 4,174 9,567 11,212 3,000 32,850 16,37S 5,000 2,000 9,860 500 750 733 233,066 218,144 Tolal lrtcomlno resources 265,831 226,082 EXPENDITURE Charltable acllvltle9 Giants payable.. Nalional communlty fund DonatloTrs 316 323 2,663 330 639 2,993 Support costs Dlrect purchases ore purchases VenLllng machlne purchases Luncheon club expenses Mlxellaneous purchases 12,320 16,.380 202 5,723 198 5,818 474 J8,91KI 22,503 Employee costs Wage5 ond 5a!arie5 Wothear Pen51onS Employer% Nl Catfied forward 136,598 434 2,067 3,014 142,113 116,948 J18 1,853 2,056 120,977 Thls page does not form part of the stalutory financlal statemen Page 12

Qulnlx)rne Communlty Assoclallon Llmlled Delalled Statemerlt of Financ131 Activlues ror the year ended 31 March 2024 2024 2023 Employee costs Bmught ftsNard Tutor expenses 142,113 4,485 120,977 4,315 146,596 125,292 P¥emlses costs Rent Rates and water Llght ond heak Insurance Repalrs and malntenance Cleanlng Refuse collecllon Health and safety checks 32,500 3,895 42,213 5,185 6,601 946 2,534 3,661 32,500 3,122 28,668 4,700 9,601 1,233 1,524 4,149 97,55S 85,497 General admlnlstratlve ¢xpense5 TelÈphone Postage stalltsnery and prfnung Bank charges Equlpment expensed Equlpment hlre Sofiware Depieclatlon Llcences 49 385 798 1,442 2,614 2,'120 426 891 193 222 782 1,495 3,162 1,974 567 L,017 9,859 10,566 Flnance c09ts A¢counlanty fees Interest payable 1,236 1,176 1,106 1,236 2,282 Tolal rewurces expetKled 274,787 249,133 atexpendltura (8,956) (23,051) Thls page does not form part of the stalulory financlal statements Page 13