REGL%tERED COMPAln NUMBER.. 07476312 (England and Wales) REGISTERED CHARITY NUMBER.. 1140924 Thr•• Tr•M Communlty C•ntro R•port of th• Trust••s and IJNudlt•d Flnancl•l Sl•tomonts for th• Y•ar End•d 31 Dec•mb•r 2023 Three Trees Community Centre Hedingham Grove Chelmunds Cross ClMS[eY Wood 837 7TP
REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thr•• Trè•• Communlty Centr• Contents of tha Flnanclal Statsments for th• Year End•d 31 D•cember 2023 Pag• Contents olthe Financial Statements R•wi of the Trust8 Independent Ex8minerf$ Report Stslement of Financial Activities Balanu Sh••l Cash Statement 10 Notes lo the Cash Flow Statémènt Noles to the Financial Ststem¢nt• 12-24
REGStERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thrn• Tr••s Communlty C•ntr• Report oftho Tn*te•s for Year End•d 31 De¢•mb•r 2023 The trustees who are also directors of thg chanty for the purposes of the Companies Act 2006. present their report with the financial statements of the Charity for the yeai ended 31 December 2023. The trustees have adopted tho provisions of Accounting an¢J Reportyng by Charities.. Statement of Recommended Practice applicable lo charibes preparing their accounts in accordance wth the Finanual Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. 08JECTIVE8 AND ACTIVITIES ObJ•ctlvM and alm• The charity's oble¢l$ are spacfflcally restricted to the following.. The provislon and maintenarKe of a community centre for the use of the inhats'tants of north Solihull and the SLYrounding areas without dists"nction of politi1. reh'gious or other opinions, induding us• for.. (8) Meetings, Igclures and ol8ssgs and (b) Olhor fomis ofr&crealion 8ndlalsur occup8llon, wfth the ofinuKoving the condlllons of Ilfe klrthe inh8bit8nls. Public 8•n•fft The trustees consider that thty have complw wih the duty in 1¢)n 17 of CharitSe$ Act 201110 have due regard to pu1¢ benefit gUidare wb118hed by the Charity Commission. ACHIEVEMENTS AND PERFORMANCE Ch•rltabl• actlvltl This wa$ our fir¥l'nomal' Since we completed the redevelopment of the centrel It was year to dfjvelop activities and use of the Cenlre, as well a$ observe to see how the10gislics of running the place work. W• have been pleased vlth Ihe increased use ollhe building, and feel wo have come a long way in tems of the 8UStainability of Three Trees. both in temi$ of finance and activity. Thi5 is manty down to our dedicated team of vdunteern, trustees and stsff, as well a$ partner Organisalions who give us and our community consistent support. We have continued to expand the range of ath"VTb"es here and develop slrong partnershipy WTlh the community and partners. The café provides a friendty land tsstyl heart to our daytime life, community groups remain at our core of our lrfe, and alongside them our pather Ofganisations and OccaOnal activities. bring life and stretch wthat we have on offer.
REGSTERED COMPANY NUMBER-. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Three Trets C<Mnmunlty Centre Report of tho Trust• for thè Year Endod 31 D•c•mb•r 2023 ACHIEVEMENTS AND PERFORIAANCE . continu•d We want lo thank everyone vtho is part of our life here. Three Tree8 1$ not r•ally a buiklng, it is a group of people who happen lo meet in the same building. The Centre gives us a shafed Space. a place tor conversatsons and lo dream dreams. Thank you to everyone who shares this space, and shares their time and resources. ether th8t is running an activity, or taking part, everyone can find a place here and becom• part of the Three Trees community. Fundrnl#lng •¢tl¥ltl•• The charity does not carry out $wnffjanI funthaislng aclivibes. FINANCIAL REVIEW Flnanci•l ov•Thl•w Our Income ovei 2023 has been encouraging. Income from room uso is a k•y part of our business model and have continued to grow this. Grant¥ have enabled us lo broaden community activities and make capital improvements. Grants are inue3$ingly hard Its gel. especially wth the dlfficullies facing the seclor locally in the Midlands, but we have a number of appllcallons pending and have a strategy lo make applutions over the year. Income for the charity lor the year amounted to £161.64712022.. £189.4641. Notsble iTKom• included grants of £60.52412022'. £87,930}. room hire amounting to £55.548 {2022.. £55,929) and rent recelved from ternts totalling £39.15012022.. É33.900). Expenditure amount•d to £142.49912022.' £166.5771. Notable expendlture induded $taffin9 osts 01 £55,079 {2022.. £51,37n. direct grant expendilure of £33,91412022.. £56.5021, utlil amounting to £12.13512022.' £14.2771 and ront totalling £13,900 {2022'. £12,800). Ro8•Th189 pollcy The trustees have agreed lo a policy to maintain an unrestricted retserves possOn lo hold beeen 3 and 6 month$ expendrture. Based on existing unrestricted rr¥9$ of £110.413 the ITUStees are sakn"sfied that the exisb.ng reserves levels aGhie¥es this. Golng con¢em The financial statements have been prepared on a going concern basis as the Iru8tee8 believe that no material uncertainlie$ exisl. Th¢ trustees have considered the level of funds held and the expeded level of income and expendrture for 12 months from authoFising these finanaal Statements.
REGSTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thvee Trees Communlty G•ntr• Report of th• TnMt• for th• Year End•d 31 D•c•mb•r 2023 FUTURE PLANS We plan lo coMte the maintenare Amprovement this year, Including the replacement kitGhen. fool repairs and work on the heating system. None of it 1$ very glamorous but gives us the foundalon we need to do the wofk in our commwty. Cffi the gocial enlerpri$e front. the chlp Shop has thrived this year and we h¢)pg lo expand the business base, as wall as begin to invest proffts back into Ihe communrty. Our rg$ervgs continue to Temain stable arKI we plan lo strengthen this further in the next 12 months. 8TRUCTLIRE. GOVERNANCE AND MANAGEMENT Gov•rnlng docum•nl •nd oon•lllutlon The company was incorporated on 22 Deeember 2020 and was registereil 8 charty on 30 March 2011. The organisation is 8 charitable Company limited ty guarant•• and Is gov•m•d by its Memorandum and Artides of Association. Org*nlMtton•l •truen The activibes of the charity are steered by the board ol trustèeg and executed and administered by the senior management team. Regular meetings take place behveen the key management personnel and the Tfusle• board %thich are officialty minuled and recorded on file. The directors of company are al80 chartty trustees for the purposes of charity law and fom the board of the company. New Iwstees are recruited at the invitation of the current trustees and are appointed as tnJstee$ when such appointment has been approved by e$ting trustees. No limit is placed upon the period of tru$leeship once a trustee has been appointed. NevAy appointed trustees are prOVe w61h a thorough induction to the Wofkings of the char and afe provided all nece$sary infonnabon which will enable thern to properly fulfil their rolè as trustees. Key management rèmun•r•tlon The board of directors, who are the trustees. and the senior management team comprise the key management personnel of the charity, in charge of directing and controlling, running and operating the tharty on a day-trdaY basis. AJI director5 give their time freely and no director receives remuneration.
REGISTERED COMPANY NUMBER.. 07476312 (England and Wales) REGISTERED CHARrrY NUMBER.. 1140924 Thro• Trees Community C•ntr• Roport of th8 TntI*$ for tho Year End•d 31 Doc•ml)•r 2023 REFEREMCE AND ADPAINISTRATIVE DETAILS Reglstered Ch•rlty numb•r 1140924 Rggist•rgd Comp•ny numb•r 07478312 R•gl8t•r•d offl¢• Hedingham Grove Chelmunds Cross Ch¥1meY Wood 837 7TP Trt••¥ and Dlrect¢rn Jacquellne Nicholls F•rida Dubo Krfg Chage-8yme Louise Bgildoe Irg8igngd 13 t)ecembgr 2023) Mark Frampl Patricia Haye$ Rgverond Ngil Robèrts Roger Look Accountants SAB Attountancy Services Ltd 102 Hamslead Road Great Barr Bimingham 843 58N Ind•p•nd•nl Ex•mln•r Lorraine Shemmell 10 Bramble Clo Cole$hil B46 1AX 8•nk•rn The Gctroperab've Bank PLC P.0. Box 250 Skelmers(lale WN8 6WT
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thrte Trè88 C¢)mmunlty C•ntr• R•wt of the Tr1•0¥ for tho Year Ended 31 D•cgmb•r 2023 STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also the directors of Three Tree$ Community Centre for the purposes of ¢)mpany lawl are responsible for preparing the report of the Trustees and the financial statements in accordance with applicable law and United Kin9dom Accounting Standards (United 'ngdoM Generally Accepted A¢cwntiry Practice). Company law require8 the trustee8 to prepare financial Statements for each financial yearwhlch give a true and fair view ol Ihe state of affairs of the charitable company and of the incoming resources and application of iesourceg. induding the income and expenditure, of the charitable npany for that period. In preparin9 those financial statements, the tru8tees are required lo Select suttabl8 accounting polkies and the apply them consi$lenlty.' observe the molhod8 and principlej in the Chanty SORP., make judgement and e$bmale$ that are reasonable and prudent., prepare the financial statements on the gfing concem basis unle8S rt 1$ inapproprht• lo presume that the charitable umpany wll continue in busine5¥ The tru81ee8 are re8ponble for keeplng proper ac¢ounling r•cords which di8cloBe wlh reasonablo accuracy It any time the financial position of the charitsbk company and to •nable them to engure that the financial Statements compty the Companles Act 2006. They are also responsible for saleguarding the assets of the charitable company and hence for taking reasonable 8tep$ for the prevention and detection of Iraud other irre9ularltie$. In 80 far as the truslees are a¥ware". there is no relevant inlorrnation ol which the charilable ¢ompany'• independent examiners are un8ware,' and the trustees have tsken am steps that they ouglrt to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of it. Approved by order of the board of trustees on 18 September 2024 and $igned on its behalf by.. Neil Roberts Trustee
REGMERED COMPANY NUMBER.. 07476312 IEngland and Wales1 REGisfERED CHARITY NUMBER.. 1140924 de•nt Ex•mlnoes R•port to th• Tnmtses of Three Tr•0$ Community C•ntr8 I'the Company'l for th• Yoar End•d 31 D•comber 2023 I feport to the charity trustees on my examination of the accounts of the charty for the year ended 31 December 2023 which are sel out on pages. 8 10 24. RMpon$lbllltl&s and ba818 of report AS the charity trustees of Ihe Company land also its directorn for th• purposes of company lawl you are responsible for the weparatson of the accounts in awdance th thè requirements of the Companie8 Act 2006 (Ihe 2006 Arf). Having satisfied mysdf that the accoun18 of the Company are not required to be audited yndeT Part 16 01 the 2006 Acl and are eligible for independent examination. I report in respect of my examinab'on ol your chanty's accounts as carrie¢J OLrt under secb'on 145 of the Charities Act 2011 1.the 2011 Adl. In carrying out my examinabon I have folkJ*d the DireGtion8 given by thè Charity Commis8ion under seth'on 145{Sllbl of the 2011 Act Ind•p•nd•nt •x•mln•e• •lat•m•nt The exarninatlon is carried out in accofdance th the general Directions givèn by the Charty Commission. An examination includes a review of the a¢ntIng records kept by thtr Charity and a compari50n of the accounts presented with those records. 11 includes ¢onsiJeratson of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the gvidence that would required in an •udil and consequentty no opinion 1$ given as to whèther th• accounts present a Irue and foil ¥1 and report 18 limited lo those matters sel out in Ihg stslement below. I have completed my ¢xamin4kn'on. l ¢onfim that no matters have Mrne to rny attention In connection with the examination giving me v89 to believe.. 11 accounting records were not kept in respect of the Company as required by 8ection 386 01 the 2006 Act., of 21 the accounts do not accord with those d5,. or 31 the aOTr do not comply the accounting requir¢m¢nts of $ection 396 01 the 2006 Act other than any requirement that Ihe accounts give a 'lrue arA fair view which 1$ I1 a matter on$ered as part of an independent examination; or 4) the accounts have not been prepared in acrdance wilh the methods and principle$ of the Statement of R0MMended Practice for a¢untIng and reporting by charibes applicable lo charities preparing their 8¢cwnts in a¢¢ordan¢e the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS102). I have no concems and have come acro no matters in connecth)n wtlh the examination to which attention should b• drawn in this report in order to enable a proper underslanding of the accounts to be reached. LOrrnI Sh•mm•ll 10 Bramble Close Coleshill 846 1AX 19 September 2024
REGSTERED COMPANY NUM8EA.. 07476312 (England and Wale51 REGISTERED CHARITY NUMBER.. 1140924 Thrn• Tr•os C¢)mmunlty Centre Stat•mont of Financi•l Activitie• n¢orporating an In¢om• and Expenditur• Ac¢ountl 2023 2023 Unr•strl¢tod R•strl¢tod funds fund• 2023 Total funds 2022 Totsl funds Not0• IMCOME AND EMDOWMENTS FROM Donations and legaae8 897 897 2,910 Ch•rlt•bh actlvlil•• Charftsble activities 95.698 59,524 1SS.222 177,759 Other trading activities 5.283 5,283 8,769 Investment income 246 248 Tot•1 102.123 59.524 161,647 189,464 EXPENDITURE ON Ralslng funds 640 640 114 Charltsbl• actlvlll Charitabl• octivits•s 78.691 63,168 141,859 166.463 Tot•1 79,331 63,168 142.499 166.577 N•t Inc•)m• l 4xp•ndltyr• 22,793 19,148 22,887 Transfer8 betsen funds N•t mov•m•nt In fund• 14 22.793 19,148 22.887 RECONCILIATION OF FUNDS TO fvnds brought loard 14 17.620 11.499 99,119 76.232 TOTAL FUNDS CARRIED FORWARO 110A13 7,854 118,267 99,119 CONTINUING OPERATIONS The statement of financial activits'es includes all gains and losses recognised during the year. All incoming resources and resources expended derive from ntinuing acb"vib"es.
REGISTERED COMPANY NUMBER-. 07476312 (England and Walesl REGISTERED CFLARITY NUMBER.. 1140924 Thff•e Troos Community Contr• Balance Sh•èt At 31 Decemb•r 2023 2023 2023 Unrestrbcted Rostrlct•d funds funds 2023 Total nd• 2022 Total funds Mot•s CURRENT ASSETS Debtors Cash at bank and in hand 10 2S.411 90,229 11 5.641 13,500 5,646 7.854 38.911 84,S83 123,495 15,514 96,273 111.787 CREDITORS Amoun15 falling due within one year 5.228 5.228 12.668 NET CURRENT ASSETSIIIA81LITIES} 110.413 7.854 118,267 TOTAL ASSETS LESS CURRENT LIABILITIES 110A13 7.8fA 118,267 99.119 NET ASSET8 FUNDS unrestr.cted fund¥ Rethcled funds 14 110A13 110,413 7.854 118.267 87,620 11,499 99.119 7.8S4 7,854 110.413 For the year ended 31 December 2023 the MpanY was enlrtled lo exemption from audit und•r 8eth.on 477 01 the Companies Act 2006 rdab.ng to small ComnI¢9. Responslbllllles of directorsftruslee$.' The members have not required the company lo obtaln an audit of Its acwjnts for the year in quesb.on , however, in acrdance wlh sects'on 145 of the Charities Act 2011 the a¢wint$ have been examined by an independent examirnr who's report appears on page 7., The dir8Ctorllru$lees 8ckrthAedge their re8pon8ilylilies for complying With the requirements of the Companie$ Act vith respect to a¢untIng records and the preparation of aCcnts. These accounts have been prepared in aordance the provion5 applicabbg to companies subjed to Ihe $ml companies reglme. The finandal statements were approved by the Board ol Tru$tee$ and authorisgd for issue on 18 September 2024 and were signed on its behalf by". Neil Roberts. Trustee
REGSTERED COMPANY NUMBER.. 07476312 IEn8land and Wales) REGISTERED CHARITY NUMBER.. 1140924 Thm Tr••8 Communlty Contre Cash Flow Slatsm•nt for the Y•ar End•d 31 o•C•mr 2023 2023 2022 Noles Cash Ilow• from op•rntlng •¢tlvltl•• Cash generalod from operab"o 11.935 80.695 Nel 3h provided by opeTating activits'es 11.935 80,695 C••h 110 Irom invmting actlvltl•• Purchase of tangible fixed assets Interest received 246 26 Net ca8h provided bylwU8ed in investing activittes 246 Chang• In cash and calh equlv•l•nts In th• r•porUng p•rlod 11.689 80.721 Cash and ca•h •qulv*l•nts at th• b•glnnlng of tho roportlng p•rlod 96.273 1S.552 Cash and cash oqulv4l•nts •t th• •nd ofth• Mportlng p•rlod 84.583 96,273 10
REGISTERED COMPANY NUMBER.. 07476312 IEngland and Walesl REGISTERED CFNRITY NUMBER.. 1140924 Thr•0 Tr••8 Comrnunty Centre Mot•s to th• Cash Flow Statement for the Y•ar End•d 31 O•cember 2023 1 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 N•t Income for th• r•portlng p•rlod {a• p•r th• Stst•m•nt of Finan¢ll ActlvftlMI 19.148 22,887 Adjustments for: Depreciation charges Lo$s on disposal of fixed assets Interest received De¢r$a8e l- increase in debtors In¢0$e l- decrease in cre<litors 246 23.397 7.440 31.083 26 49,213 8.621 57,808 N•t ca•h prOvId l- u••d by oporallon• 2 ANALYSI8 OF CHANGES IN FUMDS At 01.01.23 Cash flow At 31.12.23 N•t c*h Cash at bank and in hand 96,273 11,935 84.583 T¢)t•l 96.273 11.935 84,583 11
REGtsTERED COMPANY NUMBER-. 07476312 (England and Wales) REGISTERED CHARITY NUMBER.. 1140924 Thvee Trees Communlty Centr• Notes to th• Fln•n¢lal Stst•m•nl• for the Year End•d 31 Do¢•mb•r 2023 1 ACCOUNTING POUCIES Statu• Of1 ¢ompany The charitable company Is limited by guaranlee and does not have share caprtal. The liability of members is limited lo £1 per member. Any 8ufplus on wonding up is to be donated to a chaTty whose obiecls are of a %milar nature. B4818 of pr•p4rbng th• finn¢l•l itst•m•nts The financial slalemenls of the charitsble company, which i# a public benefft entity under FRS 102, have been prepared in accordance the Charitses SORP IFRS 1021 Accounting and Reportj'ng by Charilie8.' Stslemenl of Recommended Practice applicable to charilles preparing their accourrts in accordance with the Finanual Reptyts'ng Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 (effective 1 January 2019>.. Financial Reporting Standard 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companio$ Act 2006. Th• financial statements have been prepared under th• historical cost Ivenlion. the exception of Invlments vthich are included at market valuè. Incom• All income Is r•cognlsed in th• Ststemenl of FanoI Activ.8 once the charfty has enb'Y8menl to the lund$. It Is probable that the ino)me b• r•ceiv•d and the amount can be measured reliably. For donation8 to be recognised the charity Vill have been nob.fied of the amounts and Ihe settlement date in writing. 11 there are C¢)ndits"ons attached to the donation and this requires a level of perfom)ance before enlittemenl Can be obtained Ihen the income is defeffed unb'l those ondition$ are fully mel or the fulfilmenl of those conditions 18 ithin the control of Ihe charity and 11 Is piobable thal they be fulfilled. Incom• from grants, ether'COPitO1. grants or'revenue. grants. 18 recognised al fair valug when the chaiity has enbuemenl after any perfom)ance conditions have been mel. it is probable that the income wll be received and the amount can be measured reliably. If entillemenl 1$ not mel then these amounts are deferred. Income from trading actrvrties indudes Income earned from fijndraising events and tradlng aclivilie¥. Income is received in exchange for SUPPtying goods and services. in order Io Tai$e funds and is recognised then entitlement has occurred. Interest on funds held on deposit is induded receivable and the amount can be mea$ured reliably by the charity., this is normalty upon noltfication of the interest paid or payable by the 8ank. 12
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thrm Trms Community C•ntro Notss to th• Flnanclal Stst•m•nts for th• Year Endod 31 D•comber 2023 1 ACCOUNTING POUCIE3 . contlnu•d Exynditur• Liabilities are recogni as expendibjre as soon as there is a kg41 or ¢onstrucb've obligation ccynmitting the charity lo that expenditure, it is probable that a transfer of economic benefits will required in settlement and the amount of the obligation can be measured reliably. Expenditure is a¢counled for on an accruals basis and has been classified under headings that aggregate al Costs relating lo the calegory. Where c515 nn01 be diredy aitn'buled to a parb"cular heading they have been allocated lo activities on a basis con8i8lent the use of re$ource$. ExpenditUTe is dassified under the followlng heading. Expenditure on tharitable activities comprise the direct costs of activities undertaken lo further the purpo$•s of the charity. including grants payable and all associated support costs. Expenditur• on rai•lng fvnds comprise the costs of e£mmeru81 tradirvJ. lffecoverable VAT18 tharged as a cost 8g4inst thè aC¥ty for whlch expenditure was incurred. Support costs are those that asslsl the work of the chanty l>ul do not threcty represent charitable aclivllles and in¢lud¢ office costs, governan costs, administrative payroll costs. They are IncurTed direcUy In support of expendilur¢ of the objécts of the charity. Where support Cogts cannot be fully attributed lo parb'cular headlngs they have been allocated to co$1 of raising fundi and expendlture on charltsble acb'viti¢$ on a basi8 con$i8tenl Ihe usè of resources. O•bt¢rn Trade an¢J other debtorn are recognls4d at the settlement amount due after any tradè discount offered. Pr¢paym•nts are valued at the amtyjnt prepaid net of any trade d18counts due. Ca•h •t b•nk •nd In hand Cash at bank and in hand includes cash and short term high liquid inv¢$trnent$ with a short maturity ol Ilyee month8 or le$5 from th6 dat• of acqulsilion or opening of the deposit or similar account. Crndltorn and pr¢Yhlon• Creditors and provisions are fecognised where the chorty has a present obligation resulting from a pa8t event that will probabty result in the transfer of frjnds to a third party and the amount due lo setue the obligatson can be estsmated or measured reliably. Creditors and provisions are normally recognised at their settlement amounts after allowiNJ for any trade discounts due. Penslon ¢c•sts and oth•r postarntirement ben•fft• The carity operates a defined contribLrtion pension 5¢heme. Contritr4Jtions payable to the charity's pension scheme are chaTged to Ihe Statement of Financial Activities in the period to vthich they relate. 13
REGIERED COMPANY NUMBER.. 07476312 IEThgland and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thvee Trees Communlty Contr• Notes to the Fin•n¢l•l Slat•m•nts for the Year End•d 31 D•c•mb•r 2023 1 ACCOUNTING POUCIES Taxatlon Thro9 Trees Communty Centre meets the dtfinTlion of ¢harty wthin the meaning of s¢h•dule 3 of the Chanties Act 2011 and is considered to pass the tests sel out in Paragraph 1 Schedule 6 Finance Act 2010 #nd therefoTe11 meets the definition of a charity for UK cory)oration tax purposes. Fund •ccountlng Unreytricted funds can be used in ac¢crfdan¢e ¥th the charitable objective8 at the diwetlon of the tru8tee8. Regtricled lunds can onty be used lor parts'culaf restricted purpose8 within th• obhe¢ls of the charity. Re$tri¢b'on¥ gri8e vthen speufied by the dor¥N or wth•n fvnd8 are raiBed for partlcular resthcled purposes. Further exanab.0n of the nature al pU#t Of èach lund is included in Ihe ngtes lo the financial statements. TRUSTEES REPAUNERATION AND BENEFITS There wtsrt no trustees, remuneration or other benefits ftw tho y•ar ended 31 December 2023 nor the year ended 31 December 2022. Tru#t•M' •xp•n• There were no trustees, expenses pald for the year ended 31 December 2023 nor the year ended 31 December 2022 excepl lor lh8 reimbursement ol reasonable oul of pocket exp•n$es. 14
REGIERE0 COMPANY NUMBER.. 07476312 IEnKland and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thrn• Tr••$ CommunSty C•ntr• Noles to th• Financlal Stat8meni8 for the Year Ended 31 Decembfrr 2023 2 DONATIONS AND LEGACIES UnMtr1¢t R•$lrl¢t Funds Funds Totsl 2023 Total 2022 Donatims 897 897 2,910 3 CHARITABLE ACTIVITIES Unv••trl¢t•d R•¥trl¢t•d Fund• Funds Totsl 2023 Totsl 2022 Grant8 Room hire Tenants rent 1.000 55,548 39.150 95.698 59,524 60,524 55,548 39,150 15S.222 87,930 55.929 33.900 177.759 59,524 4 OTHER TRADING AGTIVITIES Unr••trlGtsd R•trbet•d Fund• Fund• Totsl 2023 Total 2022 Catering Services providgd 789 4.494 5.283 789 4.494 5,283 136 8,633 8.769 INVESTMENTS UN••trl¢t•d R•¥trl¢tod Fund• Fund• Totsl 2023 Tot•1 2022 Interest recelved 246 246 6 RAISING FUNDS untrIcted Restrictod FwMIs Funds T¢>tl 2023 T¢)tal 2022 Trading cost of goods sold 640 640 114 15
REGISTERED COMPANY NUMBER= 07476312 (England and Walesl REGISTERED cHARy NUMBER.. 1140924 Thrno Tro•s C•)mmuTrty C•ntr• NotOS to th• FIn¢la1 Stat•m•nts for tho Year Endgd 31 Decemb•r 2023 7 CHARITABLE ACTIVITES EXPENDITURE UnreJtri¢tsd R•strf¢tsd Funds Funds Tot•1 2023 Total 2022 Insurance Accountsncy & payroll Cleaning Grant expendikne Ulilthes Gros¥ Wages. Nl & penslon8 Rent Waste diwal Volunteer expenses Consultancy Office Costs Repairs, renewals & maintenarK• Govern•nc• costi: Legal & protes¥ional fees 4,097 1,339 1,178 3,500 12,135 29,835 13.900 926 441 329 4.503 .335 4.097 1,339 1.178 33.914 12.135 55,079 13,900 926 486 4,579 7,718 6.33S 3.881 1,364 931 $6.502 14,277 51,377 12,800 809 817 6,537 5,013 11.800 30,414 25.244 45 4.2SO 3,215 172 78.691 172 141,859 35$ 166 463 63.168 STAFF COSTS AND ASSOCIATED EXPENSES Tol•l 2023 Total 2022 Wage8 and salaries S101 Security ¢osl$ Oth•r pension costs 44,901 7,641 2,537 $5,079 44,733 4,201 2,443 51.377 The average nurnber of employees during the year was as lolows.. Full time Parttimo No omployoe r¢coived emduments in excess of£60.000 The key management personnel of the chanty comprise of the Trustses. Trustees receive no remuneratlon or other benefits from Ihe tharity. 16
REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Walesl REGISTERED CHARtrY NUMBER.. 1140924 Thr99 Tr908 Community C?ntr• Ni>tss to the Financlal Slat•ments for tho Year End•d 31 DK•mb•r 2023 9 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR Totsl 2023 Total 2022 Trade ¢redrtor$ Accruals Social secuTty and other taxes 978 2,117 2,133 5,228 9,727 2,941 12.668 10 DEBTORS: AMOVNTS FALUNG DUE WtrHIN ONE YEAR Total 2023 Totsl 2022 Trade debtors Prtpaymenls Other debtor8-108n o**d by Northem Star Community Art8 25,249 13,662 14.114 150 1,250 15,514 17
REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thr•• Tr•es Communty C•ntre Notss lo th• Flnancial SL9tsmonls for the Year Ended 31 D•¢•mbor 2023 11 CONTROLUNG INTEREST The Charity is controlled by its Tru8tee8. 12 COMMITMENTS The totsl future mlnlmum lea payments under nOnVcanr1latsle operating leases are as follows., Total 2023 Tot41 2022 Expirin9'. Within one year Betsyeen 8nd five year8 In more than five years 2,700 187.200 201,800 201.600 13 ANALYSIS OF NET ASSETS BETWEEN FUND8 Unmtrlct•d Rtrf¢t0d Funds Funds Total 2023 Tol•l 2022 Current ass•ts Current Iiabilitles Total fund• 115.641 5,228 110M13 7.854 123,495 5.228 118.267 111,787 12,668 99.119 7.854 18
REGIERED COMPANY NUM8ER= 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thr•• Tr¢ès Communlty C•ntr• Notss to the FlnanGlal Slatsffl•nts for thè Year End•d 31 Doc•mb•r 2023 14 MOVEMENT IN FUNDS Balance at b•ginning of y••r Trnn$f•rs Balanco Iw•on at•nd of fvnd• y•ar Exp. Incom• ondlturn UNRESTRICTED FUNDS General lunds General fund 81.995 101,123 79.331 103,788 D•#lgnatsd fund• Project fijnd Kitchen Sink fund 4,275 1.350 5.625 4.275 2.350 6,625 1,000 1.000 Totsl Unr•itrlct•d fund# 87.620 102 123 110413 RESTRICTED FUNDS Phase 4 - Project POD Activitles fuTr CommunSty Wdl 2,217 300 1.917 2,000 3,937 2.000 9.499 57.307 62,868 Totsl R••trlcl•d funds TOTAL FUND8 99.119 161,847 142,499 118,207 19
REGISTERED COMPANY NUMBER-. 07476312 IEn8land and Walesl REGISTERED CHAAtTY NUM8ER.. 1140924 Thr•• Tr•e* Communlty C•ntr• Notss to th• FlnaKlal Statsmants for th• Year End•d 31 Dwmb•r 2023 14 MOVEMENT IN FUNDS General fund - This relates to the unrestricted incomings and outyoings at Three Trees Community Centre. The charity can utilise general funds al the discretion of Trustogs in line wllh ifs charitable objectives. The Project Fund represents a number of Jmall unrestrided grants reeei¥ed Irom charitab trusts %thich have been designated to deliver pro¢15 for the local communty. The Kltchen Slnk Fund Tr8 8 project to uphft key parts of Ihe Gcvnmunity centre. The maln objective being lo replace the main kitchen. Phasè 4- Project Pod- wa$ a lund that ha8 now been fully ubli8e(I to develop and improvè our building Spa which was mainly fvnded by HS2 and Vtsolia in addrtion lo other fvnders and our reser¥e$. Wt were able lo extend one of our back room$ and develop Ihg gafden spaee. As part of tho project, we have also been able to implement aIr-cond"0nin9 into some of our office space$ and enhance building securlty wllh Improv exlemal lighting and a 8tcurity &creen. Communlty Wdl- Is a wellb•lng projecl lunded by Tho Natitinal Lottory R•achin9 Communitie• Fund %thi¢h aims lo ¢over ill aspects of wellbeing. physical. mental and social for all a9e groups through various projects. Projecls include. woking workshops, various fitness sesGions, mental health support and mofe. There are also PfoJed8 bringing likeminded people together to work vlth a mentor on sp1¢ iu¢$ they wanl to ft>cu$ on. The Activthes fund is r•8tricted fundiNJ for nJnniThJ groups and 8UPPQrt SSiOnS for the local communty. Grants Receryed We re¢eiv•d the following grants during Ihe financial year.. National GTKI Nath'onal Lottery Reachin9 Communibes Veolia Trust 1.000 57.307 2,217 20
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Thrnè Trees Communlty Centr• Not•s to th• Flnan¢lal Slatomonts for tho Y•ai Endod 31 O•combgr 2023 15 COMPARATIVE STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 31 DECEMBER 2022 2022 Totsl lund• 2021 Totsl funds tricted R••trl¢t•d fund¥ INCOME AND ENDOWMENTS FROM Donats"on$ and lega¢8 2.910 2.910 2,511 Ch•rltabl• actlvltl Charitable aclivilie8 94,104 83.655 177.769 243,828 Invo$tmenl Income 26 26 Other tradlng activitiès 8.769 8.769 7.734 Totsl 10S,809 83,655 189,464 254,079 EXPENDITURE ON Raising funds 114 126 Ch•rltabl• •¢llvlll Charitable aGliwb•s 67,913 98,550 168,463 257,815 Tot1 68.027 98.550 166,577 2S7.741 N•t Incom•l•xp•ndlturn 37.782 14.895 22,887 3,862 Tr8n8fers between funds 4,162 4,162 N•t movem•nt In fund• 33,620 10,733 22,887 3,662 RECONCILIATION OF FUMDS Tolal funds broughl forwar11 54.001 22.231 76.232 79.895 TOTAL FUNDS CARRIED FORWARD 87.620 11.499 99,119 76,232 21
REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Walesl REGISTERED CHARITY NUMBER.. 1140924 Tr09s Community C•ntro Notes to tho Flmnclal Ststwn•nts for th• Yt•T Ended 31 D•¢•mbgr 2023 16 COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022 Un- 2022 r•stricted Rostrl¢t•d Total funds fvnth funds 2021 Total fiJnd8 URRENT ASSETS Debtors Cash al bank and in hand 15.514 84.774 100.288 15,514 11.499 96,273 11,499 111,787 64,727 15,552 80,279 CREDITOR8 Amount$ falling due within one year 12.868 12.661 4,047 NET CURRENT ASSETS I- UABIUTIE8 87.620 11.499 99,119 78,232 TOTAL ASSETS LESS CURRENT LIA81UTIES 87.620 11A99 99.119 76,232 14ET ASSETS 87,620 11.499 99,119 76.232 FUNDS Unrestricted fund8 Restricted funds 87,620 87,620 11,499 99,119 54.001 22,231 76,232 11.499 11.499 87,620
REGISTERED COMPANY NUMBER.. 07476312 (England and Wall REGISTERED CHARITY NUMBER.. 1140924 Three Trees Communty C•ntr• Not•s to tho Flnanclal Statom•nts loi the Year End•d 31 DK•rnIr 2023 17 COMPARATIVE MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2022 Bl•nc• at b•glnning of y••r kn¢omg •ndltur• Transfern Bal•nc• b•iw••n at •nd of lund% yoar UNRESTRICTED FUNDS G•n•ral fund• General fund 54.000 105,809 68.027 9.787 81,995 Dlgnat•d IwKI¥ Project fund 'lthèn slnk fund 4.275 4,275 1,350 5,62G 6.626 Total Unmtrl¢t•d fund• 105,809 7027 - 4.162 87.6 RESTRICTED FUNOS Phasg 4- Project POD Activitiès fund Communlty Well 19,957 24,119 4,162 2.000 20.232 2,000 9.499 63,698 74.431 Total R•#trfct•d fvndl 22.232 83.655 98.550 4.162 TOTAL FUNDS 76,232 189,464 166,$77 99.119 18 RELATED PARTY TRANSACTIONS Louise Beddoe During the course of the year, Th Trees provkled room hlre and olher 8etvices to Black Tr•ln Musi¢ CIC amounth'ng to £50. Louise Beddoe is a Trustee of Three Tree5 Commwity Centre and 18 a director of Black Traln Music CIC {company number 11331674). Room hirè faule$ provided by Three Trees to 8la¢k Train Music CIC are charged at the same rats as that Charged to members of the public. 23
REGISTEREO COMPANY NUMBER.. 07476312 IEn8land and Wale51 REGISTERED CHARITY NUMBER.. 1140924 Thr•• Tr••s Communty Centre Nots8 to th• Financial Statements lor th• Year End•d 31 D•rnber 2023 18 RELATED PARTY TRANSACTIONS Kns Ch8se-8ym8 During the course of the year, Three Tree$ provided room hire and othèr services lo 3 8eans Kitchen CIC. 81ack Train Music CIC and Nthern Stsr Ccmnmunty Arts amounting to £3,550. Kri$ Chas&8yre i8 a Trustet of Three Trees COmmrtY Centre and 1$ alw a director of Black Train Music CIC Icompany number 11331674) and Norlhem Star Community Arts (company number 044032931. Northem Star Communty Arts is a diredor of 3 Beans 'tchen CIC {company number 139799131. Room hire facilib.es provided by Three Trees lo both 3 Beans Kitchen CIC, Black Train Mu41¢ CIC and Northem Slaf Community Arts are Charged at the same rale as that charged lo members of the put1¢. Roberts Three Trees Commmtty Centre has • lease agr•emenl wih Chelmsley Wood Bapllsl Church for use of the buildin9 and as)uated insurances. Le•8e payments mad• by th• charlty during the year were £17,500. During the course of the year. Three Trees provlded room hlre and other 8ervice$ to 3 Beans Kitchen CIC amounting lo £2,250. Neil Roberts is a TnJ8tee of Three Trees Community Centre and is employed by Chelm¥l•y Wood Bapts8t Church. He 18 al80 a Dif•ctors of 3 Bfrans Krtthen CIC (company number 139799131. Neil Robert8 Ss oblbged to declare a conllict of interest vtherety board deayion's or di8CU88ion' tske place in r¥latson to the leas•. Fer4 Dube During the cour80 ol the year. Three Trees provided room hire and other services lo Entroido (Mutual Aid) amcHJnting to £10.770. Ferida Dube is a Trustee of Three Trees Communty Centre and18 alx an employee ol Enlralde {Mutual Aid) (charity number 1142919). Room hire facilities providèd by Three Trees to Entraide (Mutual d} are charged at the Same rale as that charged to memt*rs of the public. 24