Company rnglstratlon numbor 0737Z879 (England and Wales) Charlty.reylgtratlon number 113906Z (England and Wales) Quinborne Community Association Limited Annual report and unaudited financial statements .For the year ended 31 March 2025 'AEIIJQ60* 2311212025 COMPANIES HOUSE A11
252
'Oraft flnaneial statements at OS December 2025 at 12:16:27 Quinborne Community Association Limited Legal and admlnlstratlve infromat'ion Trustees P Hattleld LADodd M H Taylor T Smlth J Smith Seeretary J Smlth Country of In¢orpor&tlon Unlted.Klngdom (England and Wales) 07372879 Charlty reg18tratlon England and Wales 1139Q62 Independent examlnar DJH Hale9)wen Umlted Church Court stourbrtdge Road Halesowen West Mldlands 8633
Draft flnanclal statements at 05 December 2025 at 12:16:27 Qulnborne Communlty Association Limited Contents Page Tru"stees' repoTt Independent examlnees rewt statonlent of flnandal actmtles Statement of flnanclal posltlon Notes lo the'ftnanclal statements
Draft flnan¢lal rtatemonts at 05 December 2025 at 12:16:27 Quinborne Community Association Limited Trustees. report (including dlrectors, report) For the year ended 31 March 2025 The trustees prewt thelr annual report and finanoal statements for the Jear ended 31 March 2025. The financlal 5totements have been prepatyd In accordance wlth the accountlng polkies Set out In note I to the flnandal statements and comply wlth the charttvs govemlng d¢xument, the Companle5 Art 2006, FRS 102 °The Flnanclal Repon9 Standard applicable in the UK arrfl Republlc of Treland. and the Charitles SORP "Accountlng and neportlng by CharIt. Statement of Recommcnded Practlce appllcable to charltlo preparlng thelr accounts In accordance wlth the Flnanclal Reportlno Standard applkable In the UK arKI Republic of freland (FRS 102).. Objectlves and artlvltles A5 destrlbed In the artlclcs of Jcrodatlon thc th3rfty'G objettlvo Ic to provldo facllltle for tho boneilt ol the Inhabltants of the Harborne and Quinton nelghbourhood. The company operate5 the artivlties prevlou51y operated by the Qulnborne Community Assoclatl¢)n and there Is a contlnulty of stsff and senk management. Publlc benent The trustees have pald due regard to gUIdan Iswed by the Charlty Commlsslon In decldln9 vthat actlvltles the charfty should undertake. A¢hlovements and performance In th1= flnanclal year 012024125 the energy u1-15 hos contlnucd to Impact thc flnn5 of the arJodatlon. Room hlre was Increased by 7.5Qh In September 2024 and openlng hours managed more efficlently to make savlngs on utiiitles, nevertheless, the has been a slgnlficant Impart on our dlsposable Income and savings. For the future we wlll reluctantly have to look at maklng further savlngs through staff redundancy. The S-year funded Learn Together Fbgramme grant from the Blg Lottery commenced In December 2024 and classes contlnue to be well attended. A grant from Blrmlngham Clty ccwncll allowed fgr muth needed refurbtshment of aome of the rooms and to replace one of the bollers.. We contlnuc to pursue grants to help wlth all pects of the buslness but wlll not hear of any r&eults from these appllcatlons untll June 2025. Flnandal revlew As a result of the finandal pSsure$ noted above. and as shown In the balan sheet. the general fund ts In defidt at the cnd of thc year. steps a belng takcn to ellrnlnatc thls dcflclt by addltlonal fvnd ralslng and cost cuttlng measures. Structurei governance and managemant The eharlty Is controllcd by Its govcmlng documenL Its memorandum and artldes of assoclatlon, and constltutes a company Ilmlted by guarantee as defined by the Ct)mpanses Act 2006. The tru:tces, who are JLPO the dlrectorp for the purpose of company law, and who f4erved durlng the year and up to thc date of rlgnaturc of thc flnantlal :tatements wcre: P Hatfield LADodd M H Taylor T Smlth J Smlth Recrultment and appolnfment ol trustees All Trustees are Olrectors and the Board of Trustees art as the management committee. Trvstees a
Draft Ilnanclal statements at 05 De¢ember 2025 at 12:16:27 Quinborne Community Association Limited Trustees, report (includlng directors, report) (contlnued) Fo.r the year ended 31 March 2025 Rlsk management The trustees have assessed the major rfsks to whlch the charfty Is exposed. and are satlsfled that systems are In place to mltlgote exposure to the major rl=l¢•. Organlsational structure The day to day actlvitles of the charlty are undertaken by salarkd staff. all of whom are based at the Communlty Centre, The board of Trusfees, all of whom are dlrectors, meet on a regular basls to dlscuss key strateglc arKI management Issue5 Involvlng all aspects of the Charlty's eperatlon. Trustee Inductlon and tralnlng New members arp appolnted from the local communlty and so are famlllar wlth the area. They are brtefed beforehand by existlng trustees and staff on the charity's objectives, how It operates and thelr responslbilltles 8s Dlrertors and trustees. The trustees. report was approved by the Board ol Tnffjtees. P Hatlleld Trustee Date:
Draft fln?nclal statements at 05 December 2025 at 12:16:27 Quinborne Community Association Limited Independent examiner's report To the trustees of Quinborne Communlty Assoclatlon Llmlted I report to the trustees on my examlnation of the finandal statements of QulnbDme Cornmunlty Assoclation Llmlted (the charity) for the year ended 31 March 2025. Responslbllltles and basts of report As the trustees of the charlty (and also its dlrectors for the purposes OF company law)1 you are responsSble for the preparatlon of thc finandal rtatements In aGGordance with the rcqulromonts of thc Compan1 AGt 2006. Havlng satlsfied myself that the flnandal statemenfs of the thgrfty are rtt>t reqvired to be audlted under Part 16 of thc Componle4 Act 2006 and are ellglble lor Indopondont cxamlnatlon, I report In roapect of my examlnation of the charlty's flnandal statements corrled out under sectlon 145 of the Charltles Act 2011. In carrylng out my examlnation I have followed the Directlons given by the Charlty" Commlsslon under sectoon 145(5)(b) of the Charftles Art 2011. Independent examlner's st8tement Since the charity s gross Income exeded £250.000. the Independent examlner must be a member of a body 11sted In sectknn 145 of the Charltles Act 2011. 1 conflrm that l am qualilled to undertake the examlnation because l am a member of the Institute of Chartered accountants In England and Wales, which Is one of the Ilsted bodles. I have completed my examlnatlon. I conflrrn that no matters have come to my attenuon In connectlon wlth the examlnatlon g5vlng me cause to believe that In any materlal respett". accounllng records were not kept In respect of the charfty as rewired by sectlon 386 of the Companle5 Act 2006. the flnandal stètements do not accord wlth those records. or the flnandal statements do not comply wlth the accounting requlrements of section 396 of the Campanle5 Act 2006 other than any requlrement that the finandal statements glve a true and falr vlew, whlch Is not a matter consldered as part Of an indepeimknt examinatlon; or the financial ststements have not been prepared In aCCordce wlth the methods and prlnclples ol the statement of Recommended Practlce for accountlng and reportlng by charltles appllcable to charltle5 preparln9 thelr Ilnandal statements In a¢conl8nce wlth the Flnanclal Reportlng Standard applkable In the UK and Republlc of Ireland (FRS 102). I have no concerns and have come across no other matters In connettlon wlth the examlnatlon to whlch attentton should be drawn In thls report In order to enable a proper under#andlng of the flnanclal statements to be reached. DJH Halasowen Llmlted Church Court Stourbrfdge Road Halesowen West Mldlands B63 3rr Iq.
Draft flnanclal statements at 05 December 2025 at 12:16:27 Q.uinborne Community Association Limited Statement of financial activities Including income and expenditure account For the year ended 31 March 2025 Curr•nt flnandal year Unrestrfrted ReBtrlGted funds 2025 Total ToL•l nds 2025 2025 2024 Notes Income from Donations and legacles Charltable actlvltles Investments 10.4.22 223.910 254 10.412. 273.050 254 32.018 233.066 747 49.140 Total Income 234.576 283.716 265.831 Expendlture on: Chadtable actlvltles 242.907 54.140 297.047 274,787 Total oxpandlture 242,907 54.140 297,047 .274.787 Net expendlture and mov•ment' In funds (8a31) (s,000) (13,331) (8,956) Recondllatlon of funds: Fund balances at l Aprfl 2024 5m2 5.000 10.052 19,r108 Fund balances at 31 14arch 2025 (3.279) (3.279) 10,052 The statement of flnarKlal actlvitles Indudes all galns and losses recognlsed. In the year. All IrKorne and expenditure derive from contlnulng actlvitles.
Draft flnanclal statements at 05 Deeembor 2025 at 12:16:27 Quinborne Community Association Limited Statement of flnanclal actlvltles (contlnued) Includlng Income and expenditure account For the year ended 31 March 2025 Prlor Ilnan¢lal year UrtrICIed funds 2024 Re5trl¢ted funds 2024 Totsl 2024 Notes Income from: Donations and legacles Charitable actlvltks Investments 32,018 207,641 747 32.018 233.066 747 25,425 Total lTrcome 240,406 25,425 26531 expendlturo on: Charitable actIvItS 249.'982 24,805 274,787 Total expendlture 249.982 24.805 ".274.787 Net Income/(expenditure) and movement In funds 19,576) 620 (8,956) Raconclllatlon al lundg: Fund balances at l Aprll 2023 14,628. 19,008 Fund balanees at 31 March 2024 5.052 5.000 10,052
Draft flnandal ststements at 05 December 2025 at 12:16:27 Quinborne Community Association Lim.ited Statement of flnancial posltion As at 31 March 2025 2025 2024 Notsg Flxed assets Tanglble assets 10,266 1.278 Current 08*ets Debtors Cash at bank and In hand 7.SOO 4.767 7,367 31.569 12.26? 38,936 Creditors: amounts falling due wlthln one year (?2,6?6) (19.522) Net eurrent (Ilabllltleg)l•ssets (10.359) 19,414 Tot•f assets less current Ilablllti•s <93) 20.6Y2 Creditors:. amounts falling due after morè than one yaar (3,186) (10.6401 Net (Ilabllltleg)lassets (3,279) 10,052 The funds of the charlty Restricted Income funds Unrestrtcted funds io li 5.IX)O 5,052 (3,279) (3.279) 10,052 The company Is entltled to the exemptlon fmm the audlt requlrement contalned kn gectlon 477 01 the Companles Act 2006, for the year ended 31 Marth 2025. The dlrectors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Companl&s Act 2006 with respect to accountlng records and the preparatlon of flnandal statements. The members have not requlred the company to obtsin aTr audlt cf its flnandal statements for Ihe. year In questlon In accordance wlth sectlon 476. These flnandal statements have been prepared In attarda wlth the provWons.appllcable to companles subjert to the small companles reglme. The flnanclal statements were apprnved by the trustees on ..... ................. . P Hatfield Trustee Smlth Trustee
Draft flnandal statements at 05 December 2025 at 12:16:27 Quinborne Community Association Limited Notes to the financlal statements For the year ended 31 March 2025 Accountlng pollcles Charlty Informatlon Qulnborne Communlty Assodatlon Umlted 15 a prlvate company Ilmlted by guarantee Incorporated In England and Wale5. The reglstered Offi Is Qulnborne Communlty Centre Rldgacre Road Qulnton Blrmlngham 832 2TW 1.1 Basls of preparatlon The financlal statements have been prepared In accordan wlth the cttarlty's govemlng document. the Companles Act 2006, FRS 102 Yhe Flnandal RepOrt1J Standard appllcable ID the UK and Republlc of Ireland" and the Charltles SORP "Accounting and Reporttng by Charltles: Statement ol Reu)mmended Practice applicable to charlties preparlng thelr acc¢unt5 In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102).. The charlty Is a Publlc Benefit Entity as defmed by FRS 102. The charlty has taken advantage of the provlslons In the SORP for tharltles not to prepare statement of cash llows. The financlal statements have been prepared under the hlstorical cost conventlm. The prindpal accountlng policles adopted are set out below. 1..2 Golng concern These finhnclal ststements a pPared on the golng concern basls. The trustees have a reasonable expectatlon that the charlty wlll contlnue In operayonal exlstence for the foreseeable future, desplte the negatlve funds posltlon shown In the balance sheet at the end of the year, In vlew of expectatlons of Income re1Vable In the comlng year. 1.3 Charltable funds Unrestrlcted funds are avallable for use at the dlscretlon of the trustees In furtherance of thelr charltable objertlves. Restrlcted funds are subject to speclfic condltlons by donor5 or grantors as to how they may be used. The purposes and use5 of the restrlcted funds are set out In the notes to the financial statements. 1.4 Income Income ts recognlsed when the charity Is legally enuued to Ft after any Performan condltlons hwe been met, the amounts Can be meaSUTed lIablY. and It Is probable that Income wlll be recelved. l.S Expendlture Expenditure Is recognised once there 15 a legal or ronstructlve obllgatlon to trdnsler economlc benent to a third party• It Is probable that a transfer of econornlc benefits wlll be requlred In settlement, and the amount of the obllgatlon can be measured rellably. Expendlture Is classined by actlvlty. The costs of each artlvlty are made up of the total ol dlrert costs and shad costs. Including support costs Involved In undertaklng each artlvlty. Direct costs attrlbutable to a slngle actlvlty are allocated dlrettly to that actmty. Shared costs whlch contrlbute to more than one actlvlty and support Costs whlch are not attrlbutable to a slngle aCtIty are appOrtI(ed betw*n those actlvltles on a b3515 conststent wlth the use of resource&
Draft flnanelal statements at 05 December 2025 at 12:16:27 Quinborne Community Association Limited Notes to the flnanclal statements (continued) For the year ended 31 March 2025 A¢¢ountlng pollcles (Contlnued) 1.6 Tanglble flxed a6s0ts Tanglble flxed assets are Inltlally measured at cost and subsequently measured at cost or vaatIon. net of depreclatlon and any Impalrment losses. Depredatlon Is recogn15ed so as to lEe off the Cost or valuatiM of assets less thelr.residual values over thelr useful Ilves on the followlng bases: Plant and equlpment 25% on redudng balance Net movement In funds 2025 2024 The net movement In fvnds Is stated after char9lngl(credltlng): Fees payable for the Independent examlnatlon of the tharfvs flnanclal statements Depreclatlon of owned tanglble fixed assets 1,380 940 1,236 426 Trustaeg None of the trustees (or any persons connetted wlth them) recelved any remuneratlon or beneflts from the charty durlng the year. employees The werage monthly number of emplt)yees during the year was: 2025 Numbar 2024 t4umb8r Totsl employment CO8ts .2025 2024 Wages and salarles 148,246 14Afi79 There were no employee5 whose amual renwneratlon was more than E60,000. Taxatlon The charlty is exempi from tsxatlon on Its athltles because all Its Income Is applled for charltable purposes.
Draft financial staternents at 05 December 2025 at 12:16:27 Quinborne Community Associatlon Limited Notes to the flnanclal statements (contlnued) For the year ended 31 March 2025 Tanglble flxed assets Plant antl ¢91PMnt Cost At l Aprfl 2024 78A114 At 31 March 2025 78,014 Depreclatlon and Impalrnient At l ApMI 2024 Oepredatlon charged In the year 66.808 940 At 31 March 2025 67,748 Carrylng amount At 31 March 2025 10,266 At 31 March 2024 1,278 Debtors 2025 2024 Amounts falllng due wlthln.one" year. Trade debtors 7.500 7,367 Credltors: amounts falllng due wlthln one year 2025 2024 Notes Bank loans Trade credltors Other credltors 7.452 13.915 1.259 7,452 10,417 1,6S3 21626 Cyedltors: amounts falllng due after more tharb one vear 2025 2024 Note3" Bank loans 3,186
Draft flnan¢lal statements at 05 December 2025 at 12:16:27 Quinborne Community Association Limited Notes to the flnanclal statements (continued) For the year ended 31 March 2025 .10 Restrlcted funds The restricted funds of the tharlty comprtse the unexpended balantts of donatlons and grants held on trust svbjett to specinc condltlons by donors as to how they.may be used. At l Aprfl 2024 Ineomln9. resourteg Rpu¢S At JI March oxpend¢d 2015 Edward Cadbury Harborne Parlsh Lands The Blg Lottery 5,000. (5.000) {12,150) 136,990) 11150 36,990 s.ooo 49.140 154,140) Prevlous year: At l Aprfl 2023 Xncomlng resources R•sourc•8 At 31 M•rch ¢xpended 2024 Awards for All Harborne Partsh Lands The 81g Lottery Edward Cadbury 4.380 (4,380) (4.050) (16.375) 4.050 16,375 5.000 4,380 25.425 (24,805) 5,000 11 Unrestrl¢ted funds The unrestrlcted lunds of the charlty comprise the unexpended balances of donatlon5 and grants whleh are not subject to spednc condltlons by dorlS and grantors as to how they may be used. These Include deslgnated lunds whlch have been set aside out of unrestricted funds by the trustees for spedfic purposes. At l Aprll 2024 Incomlng r¢s•ureeg Rosaurces At 31 March expended 2025 General funLIs 5.OS2 234,S76 (243.7) (3.279) Prnvlous year: At l Aprll 2023 InrAbrnlng resources R•sources At 31 Myrch oxpendad 2024 General funds 14,628 240.406 (249.982 5.052 Lo
Draft flnanclal statomentfj at 05 Decomber 2025 4t 12:16:27 Quinborne Community Ass.ociatio.n Limited Notes to the flnanclal statements (contlnued) For the year ended 31 March 2025 12 Analysls of net asséts b•twe¢n funds Unrnstrlcted Restrlcted lund fund* 2025 2025 Tothl 2025 At 31 March 2025: Tangib"le assets. Current aS5etsl(Ilabllltles) Long term Ilabllltles 10,266 (10,359) 13.186) 10,266 {10.359) (3,186) (3,279) (3.279) Unrejtrlthd funds 2024 R'•$trlcted lundB 2024 Totsl 2024 At 31 Mareh 2024: Tanglble assets Current assets/(Ilabllltles) Long term Ilabllltles 1.278 14.414 (10.64D) 1.278 19.414 110,640) 5.000 5,052 5,000 10.052 13 Related party transactlons There were no dlsdosable related paty transactlons durlng the year (2024 - none).