REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Wales) flEGISTERED CHARITY NUMBER.. I14124 Threg Trees Communlty Cantr• Report of the Trustees and Unaudlted Flnanclal Statements for the Year Endpd 31 December 2024 Three Trees Community Centre Hedingham Grove Chelmunds Cross Chelmskywood B37 7TP
REGISTERED COMPANY NUMBER-. 07476312 (England and Wales) REGISTERED CHARITY NLIMBER.. 1140924 Three Trees Communlty Centre Contents ofthe Financial Statements for the Y•ar Ended 31 D•cemb•r 2024 Page Contents of the Financial Statements Report of tho Trustee8 Independent Examlner's R&port Statement of Financlal Acllvlllès Balance Sheet CaBh Flow Statement 10 Notes to the Cash Flow Slalemgnl Notes to the Flnanci81 Slalemenl8 12-24
REGISTERED COMPANY NUMBER.. 07476312 IEng13nd and Wales) REGISTERED CHARITY NUMBER.. 1140924 Three Tree5 Community Cèntre Report ofth8 TrUStS for the Year Ended 31 December 2024 The Iruslees who are also dlrectors of the charity for the purposes of the Ctynpanies Acl 26, present their report wlh the financial statements of Ihe charity for the year ended 31 Dècember 2024. The Iru$lees have adopted th& provisions of Accountlng and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparlng Ihelr accounts in accordance wllh the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES ObJectlve$ and alms The charlly's oblo¢ts are Speciflcally restricted lo the followlng.. The provlslon and mainlenanoe of a community centre for the use of the Inhabilanls of north Solihull and the surroundlng arèas thout dl8llnclion of polillcal. rellgiou8 or other oplnions, including use for.. faj mling5, leGlure$ ond ¢la$sgs, and fbj Other fomis ofr&creatlon &nd18lsure-Ilme Oup8110n, wlth the objed of improvlng the Gondilions of life for the inhabitanls. Publlc Boneflt The Iruslees con8ldeT that they have complled with the duly In secllon 17 of the ChBrflles Aet 201110 have due regard ILI publlc benefit guklance publlshed by the Charity Commlssion. ACHIEVEMENTS AND PERFORMANCE Charltable actlvltles Over 2024 we have Continued lo secure tho basellne of our adlvllles, support exlstlng and new groups and worklng on the suslalnabllily of wr inoome. We have seen new groups arrive, as well a$ some exlsllng groups either dose or move on. Thls is the nature ol the communlty cenlie, and we have worked lo mlnimise any gaps that we foresee by having a waitlng list of organisaliony seeking space. or seeing how projects in dèv@lopmenl might be able to use the space. Although we generate Income fttrm room hlre, that 19 1)ol our reason for exlsllngl We continue tg be a meeting point for our communlty. We offer a fresh, flexible and intsresting space for our community and organisalions lo meet, provlding a place for neOrkIng and mutusl 8upporL As ever. we are extremely grateful to our staff, Iruslees, volunte8rs and everyone who use Three Trees, Ineludlng Eve who started as an intern in the summer. It'8 the people who make11 what il is, our wmmunity who bring ideas and energy.
REGISTERED COMPANY NUMBER.. 07476312 IEngland 3nd Wales) REGISTERED CHARITY NUMBER.. 1140924 Thrèè TrÈès Community Centre Rgport of the Trustees for the Year Ended 31 Dec¢mb&r 2024 ACHIEVEMENTS AND PERFORMANCE - ¢ontlnued Fundraising activities The charity do&s not rArry out significant fundralsing actlvllles. FINANCIAL REVIEW Flnanclal overvlew 2024 has seen our income slabillse bul with a slow growth. This holps us keep up wlth Increasing costs, of which there have been many. Fundra181ng has been important this year, especially to try and finish of somè of the less exciling aspects of the bulldlng Idoois and kilchensll. Our success in fundraising means we can continue Improvlng the buildlng wllhoul 8klng our reserves. We havo Qonlinued our portn8rshlp wllh the community chlp shop thls year, prOvIng admln, Ilnance and management 8UPPt)rt. We have had 80me IT188ue8 with our aocounllng sofvare, which we wlll be addressing into thè new year lo ensure invoicing and payments are kept accurate. Income for tho ChartY for lh8 y&ar amounted lo £343,04512023'. £161,4671. Notable Income Included grants of £203,69512023'. £60.524), room hlrt amounting lo £70,82912023'. £55,548) and rent re¢glved fTom lenants lotalllng £43.50012023.' £39,150). Expendllure amounted lo £169,63912023: £142,499>. Notable expenditure included staffing costs of £59,50412023'. £55,079), direct grant expendllure of £39,62612023'. £33,914), ulllllles amounting lo £15.77312023'. £12.1351 and rent lolalling £14,40012023: £13,900). Reserves pollcy The trustees have agreed lo a policy lo maintain a genw?l unreslricled reserve$ posltlon to hgld between 6 and 12 months expenditure. Based on existing unreslricled general reserves of £100,586 the Iruslees are satisfied that the exists.ng rtrsetves levels achieves this. Wllhin unreslrided reserves are designated funds including the flxed asset fund. The fixed asset fund includes the lolal caTrying value of fixed assets that have been purchased uslng grant fundlng_ All oth&r deslgnaled funds relate to future project8 that hag begn set aside by the board of trustees. Golng concern The financial statements have been prepared on a going concern basis as the trustees belleve that no malerial uncertainties exlsl. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months trom authorising these financial StateentS.
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER- 1140924 Three Trees Community Centre Report of the Truste*s for th8 Year Ended 31 December 2024 FUTURE PLANS With the end of the Lottery grant coming soon we have work lo do lo keep the wojoct manager post viable. and we will also use this as an opportunity lo revlew our staffing. Our reserve8 have grown this year, and we are aware that the skylights and boiler8 will likely need replaoing al some polnl in Ihe next 5 years. STRUCTURE, GOVERNANCEAND MANAGEMENT Governlng document and constitutlon The company was incorporal&d on 22 December 2020 and was registered as a charity on 30 March 2011. The organisallon Is a charitable company limlled by guarantee and18 governed by11s Memorandum and Articles of Asso¢iatDn. Organlsatlonal stru¢tur• Thg aGlivilies of the charity are steered by the boÈrd of Iruslees and executed and admlni81ered by thè Senlor management team. Regular meetings lake place beeen the key managemonl personnel and the Trusl¢è board whlch are offiolally mlnuled and recorded on file. Thè dlre¢tor8 of th& eompany are a180 charity Iruslees for the purposes of charity law and form the board of the Company. Now Iruslees are recrulled at the invltallon of Ihe current Iruslee8 and ar8 appointed as trustees when guch appointment has been approved by exlsling Iruslees. No Ilmit1s plaeed upon the perlod ol trusteeship On a trustee has been appointed. Newly appointed tru$le8s are provided with a thorough indu¢lion lo the workings of the charity and are provided with all necessary informatlon which will enable them lo pr¢perly fulfil Ihèlr rolo as trustees. Koy management remuneratlon The board of dlreclors, who are the truslees, and the senior management team comprise the key management personnel of the charity, In charge of direding and contiolllng, running and operating the charity on a day-to-day basls_ All directors glve thelr lime freely and no dlreetor receives remuneration.
REGISTERED COMPANY NUMBER.. 07476312 IEngl&nd Wales) REGISTERED CHARifrf NUMBER.. 1140924 Three Trees Communlty Centre Report of the TrusteeB for the Year Ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1140924 Registered Company numbèr 07476312 Registered offlce Hedingham Grove Chelmunds Cross Chelmsley Wood 37 7TP Trustees and DSr•ctors Anne Richards Farlda Dube Jacqueline Nicholls KTi5 Cha$e-Byrng Mark Framplon Patrlcia Hayes Reverend Neil Roberts Roger Look John Wllson Accountant SAB Accountancy Servlce8 Ltd 102 Ham51ead Road Great Barr Blrmingham 843 5BN Independent Examlner SLM Aceounlancy Servi$ 61 Bridge Slrael Klnglon HR5 30J Bankers The Co-operative Bank PLC P.0. Box 250 Skelmersdale WN8 6WT
REGISTERED COMPANY NUMBER.. 07476312 (England and Wales) REGISTERED CPIARITY NUMBER.. 1140924 Three Trees Community Centre Report of the Trustees for the Year Ended 31 December 2024 STATEMENT OF TRUSTEES RESPONSIBILITIES The Iruslee8 (who are al80 the director8 of Three Tree8 Community Centre for the purposes ol oompany lawl are responsible for Preparing the report of Ihe Trustee8 and the financial slalemènts In a¢¢ord8n¢e wllh applIcae law and United Kingd¢)m Accounting Standard8 (Uniled Kingdom Generally Accepted Accounting Pracllcel. Company law requSres the trustees lo prepare flnanclal statements for each financlal year which give a true and fair view of the state of affairs of the charitablè company and of the incoming resources and appllcalion of resources. including the in¢ome and expenditure, of the charStable ompany lor Ihol perlod. In preparing those flnanclal slalemenls, Ihe Iru$laes are required to select 8ullable a¢¢ounllno pollclès and the apply them oonslslenlly- obseNe the methods and prlnciples In the Chailly SORP.. make ludgemenl and esllmales Ihal are reasonabl¢ and prudent., pr&paTe th& financlal statements on tha going concern basls unless il Is Inapprcyrlate to presume that the ¢harilable company will continue In buslne88 The Iruslees are respon8lble for keeping proFer accounting r8cords which disc108e wllh reasonable aocuracy at any time the finaneAal posllion of the charitable company and lo enable Ihern lo ensure that the fln8nc181 statements comply wllh Ihe Companles Act 2006. They are also responslble for safeguarding the assets of the charltable company and hence for taking reasonable stèps for the prevention and d81ecC of fraud and olhgr Irregularities. In so far as the Iruslees are aware.. there is no relevant infoifnali¢)n of which the chaTilabl8 companys independent ex8mlneT8 ale unaware,. and the Iruslees have taken all steps that they ought to have taken lo make themselves aware of any relevant inforrnalion and lo establish that the Independent examiners are aware of it. Approved by order of the board of Iru8tees on 9 October 2025 and Blgned on Ils b&half by. Neil Roberts Trustee
REGISTERED COMPANY NUMBER.. 07476312 IEng12nd and Wale51 REGISTERED CKARITY NUMBER.. 1140924 Independent Examiner's Report to thè Trustees of Three Trèes Communlty Centre I'the Company'l I report lo th& charlty trustees on my examlnalion of the aGcounts of the charity for th& year ended 31 December 2024. Responsibilities and basis of report A8 the charity Iruslees of the Company land also its directors for the purposes of company law you are responsible foi the prepaialion of the ac¢ounl8 in accordance with the requlremenls of the Companies Aot 20061'lhe 2006 ACYI. Having 8alisfied my8elf that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 AGt and aTe ellgible for independent examination, I report in rtsspecl of my axaminatlon of your cl)arity's accounts as carried out under section 145 of Ihe Charities Act 2011 I'the 2011 Acl'l. In carrying out my examination I have followed the Dlreclions oivsn by tho Charity Commis$ion under section 14515llbl of the 2011 Act. Indepgndent examlner's Statement Slnce your charity's gross income exceeded £250,OQCI your examiner must be a member of a listed body. I can confirm that l am qualified lo undertake the examination because l am a member of Ihg Chartered Institute of Management Accounlanls ICIMAI. which Is one of the listed bodies. I have ¢ompleled my 8xaminallon. I conflrm Ihal no matters have come lo my allenlion In connecllon with the examlnallon glvlng me cause lo believ&-. 11 accounllng records were not kept in respect of the Company as requlred by secli¢Jn 386 of the 2006 A¢l', or 21 the a¢¢ounls do not aocord with Ih08e reGord8; or 31 the accounts do not comply wllh Ihe accounting requirements of section 396 of the 2006 Aol other than any requirement that the accounts glve a 'lrue and fair vigw, whlch is not a maller considered as part of an independent examination.. or 4) the accounts have not begn prepgred in accordance wilh thè methods and principles of th& statement of Recommended Pracllce for accounting and reporting by charilles appllcable lo oharilles preparlng their accounts in accordance with the Financial R?porting Standard applicable In the UK and Republ1¢ of Ireland IFRS1021. I have no nCemS and have come across no matters in connection wSlh th8 examinatlon to whl¢h attenllon Should be drawn in Ihls report In order lo enable a proper understanding of the accounts to be reached. Slacey Millington ACMA CGMA SLM Accountancy Services 61 81idge Slteet Kinglon HRS 3DJ 10 October 2025
REGISTERED COMPANY NUMBER.. 07476312 IEn8land and Wales) REGISTEREO CHARITY NUMBER.. 1140924 Three Trees Community Centre statement of Financlal Activitias Ilncorporatlng an In¢ome and Expenditure Account} 2024 2024 Unrostrlcted Restricted fund¥ funds 2024 Total funds 2023 Total funds Not•$ INCOME AND ENDOWMENTS FROM Donations and legacEs 3,769 3.769 897 Charltablè actlvltles Charitable acllvllle8 114,329 203,695 318,024 155,222 Other Iradlng a¢tlvllle8 20.594 20,594 5,283 Investment Income 658 658 246 Total 139.350 203,695 343.045 161,647 EXPENDITURE ON Ralslng fund8 640 Charltablo actlvltles Charftsble acllvlll88 105,946 63,693 169,639 141,859 Total 105,946 63,693 189.839 142,499 Net Income l Qxpendllure 33,404 140,002 173.406 19,148 Tran8fers between funds 110.830 . 110,830 Net movement in lunds 144,234 29,171 173,406 19.148 RECONCILIATION OF FUNDS Total fund8 brought forward 15 110,413 7,854 118,267 99,119 TOTAL FUNDS CARRIED FORWARD 254.647 37,025 291,672 118,267 CONTINUING OPERATIONS The statement of flnandal activities includes all gains and losses recognised during the year. AJI incoming resources and resources expended derive fiom ¢onlinuing activities.
REGISTERED COMPANY NUMBER.. 07476312 (England and Wèlesl REGISTERED CHARifi NUMBER.. 1140924 Three Trees Community Centre Balance Sheet At 31 December 2024 2024 2024 Unrestrictèd Restrlcted funds funds 2024 Total lund$ 2023 Total funds Notas FIXED ASSETS Tanglble assets 1 C12.485 102.48S CURRENT ASSETS Debtors Cash al bank and In hand 10 55.235 111,258 166,493 55,235 148 283 203,518 38,911 84.583 123,495 37.U25 37.025 CREDITORS Amounts falling due wilhln one year 14,331 14,331 5,228 NET CURRENT ASSETSI.LIABILITIESI 152,162 37,025 189,187 118.267 TOTAL ASSETS LESS CURRENT LIA81LITIES 152,182 37,025 189,187 118,267 NET ASSETS 254.647 291,672 118,267 FUNDS Unreslricled fund8 Re8lrieled funds 15 2S4,647 254,647 37,025 291,072 110.413 7,854 116267 37,025 37.025 FOT the year ended 31 Decemter 2024 the company wa$ èntllled lo exempllon Irom audit under section 477 of the Cornpanles Act 2006 relating lo small companles. Responslbilllles of direclorsltruslees.. The members have not Tequired the cornpany lo obtain an audit of Ils accounts for the year in question . however, In acrdanCe With section 145 of the Chariligs Act 2011 the accounts have been gxamined by an independent examiner who's report appears on page 7.. The directorltiuslees acknowledge thgir responsibl11e$ for complying with the requirements of the Companies Act with respect lo accounting records and the preparallon of accounts. These accounts have been prepared in accordancè with the provlsions appllcable lo companies svbject to the small CmpanieS regime. The financial slalemenls were appioved by the Board of Trustees and aulhorised lor issue on 9 October 2025 ond were signed on ils behalf by."
REGISTERED COMPANY NUMBER., 07476312 IEngland and Wales) REGISTERED CHARITY NUMBER: 1140924 Three Trees Communlty Centre Cash Flow Statement for the Year Ended 31 December 2024 2024 2D23 Notes Cash flows from operatlng actlvltleB Cash gener8led from op6ralions 175,832 11,935 Nel cash provided by operating activities 175,832 11,935 Cash flows from invasting actlvitiès Purchase of tangible fixed asgets Interest reoeived 112,790 658 246 Net cash provided byl-used in investing activities 112,132 246 Chang8 In cash and cash 8qulvalent8 In the reportlng perlod 63,700 11,689 Cash and ¢a$h gqulvalgnls at tho beglnnlng ol the reportlng perlod 84,583 96,273 Cash and cash aqulvalgnts at th& end of th? r?portlng p10d 148,283 84.583 10
RE615TERED COMPANY NUMBER.. 07476312 (England and Wales) REGISTERED CHARITY NUM8ER.. 1140924 Thre8 Tr805 Communlty Centre Note5 to the Cash Flow Ststement for the Year Ended 31 December 2024 1 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 N•t Income for tho reportlng perlod (as per the Statement of Flnanclal Actlvltles) 173,406 19.148 Adjustments for: Oepreclallon charges Loss on disposal of fixed asset$ Interest received Decrease l- Increase in debtors Increase /- decrease In ¢redllor8 10,305 658 16,324 9,103 2.426 246 23,397 7,440 31.083 Net cash pyovlded l- us•d by op•ratlon$ 175 832 2 ANALYSIS OF CHANGES IN NET FUNDS At 01.01.24 Cash flow At 31.12.24 Net cash Cash al bank and In hand 84.583 175.832 148,283 Total 84,583 175,832 148,283
REGISTERED COMPANY NUMBER.. 07476312 IEngland and Wales) REGISTERED CHARif( NUMBER- 1140924 Three Trees Communlty Centre Notes to thg Flnancial Statements for the Year Ended 31 December 2024 1 ACCOUNTING POLICIES Status of tho company The charitable company Is limited by guarantee and does not have share capital. The liability of members is limlled Ics £1 per rnember. Any surplus on wlnding up is to be donated lo a charily whose objects are of a similar nature. Basis of preparing the financial statements The financial statements of the charitable cmpany, which 18 8 public b&nefit entity under FRS 102, have been prepared in acoordance with Ihe Charities SORP IFRS 1021'Ac¢ounting and Reporting by Charilitss.. Stalèmenl ol Recommended Pract1 applioable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffects.ve l January 20191,, Financial Reportlng Standard 102 The FinanGlal Reportlng Standard appll¢able In the UK and Republlc of Ireland, and th¢ Companies Aol 2006. The financlal statements have been prepared under the historical cost convenllon. with the exception of Inveslm8nts whith are included al market value. Income All Income Is re¢ognlsed In the Slal¢mgnl ol Flnancial Acliviles once ihe charity has enlSllem6nl lo funds. it 18 probable that the Income will be receivod and the amount can be measured rellably. For donatlons lo be recognised the charity will have been notified of the amounts and the sellemenl date WrIng. If there are condilbns attached to the donation and th18 requires a18vel of performance before enlillemenl can be obtained then the income is delorred until those conditions are fully mel or thè fulfilment 01 those con(lillons is within the Control of the charKy and 11 1$ probable thal thèy wlll bè fvifilled. Income from gronls, whether 'Gapitsl' grants or'revenue. grants,18 re¢ognlsed al fair value when the charity has enlillemenl after any perfomiance condib'ons have been mel. 11 Is probable that the income will be received and the amount can be measured reliably. If enlillemenl is not mel then these amounts are deferred. Income from traélng 8ctlvlUes Includes Income earned from fundraislng events 8nd trading a¢livilies. Income is received in exchange for supplying goods and services, in order lo raise funds and Is recognlsed when enlldement has occurred. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is normally upon nolificalion of the Interest paid or payable by the Bank_ 12
REGISTERED COMPANY NUMBER.. 07476312 (England and Wa18sI REGISTERED CHARITY NUMBER.. 1140924 Three Tre•s Communlty Centre Notes to the Flnanclal Statements for the Year Ended 31 December 2024 1 ACCOUNTING POLICIES-¢ontlnued Expenditure Liabilities are recognised as expenditure as sol as there its a legal or conslruclve obligallon cornm1n9 the charity lo that expenditure, it is probable that a transfer of enoMiC benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure Is accounted for on an accruals basis and has been classified und6r headings that aggregate all sls relating lo the category. Where costs cannot be directly attributed lo a particular headlng they have been alloealed to activities on a basis con8lStent with the use of resJJrces. Expenditure is classified under the following heading.. Expendblure on charltsble actlvilies comprise the direct costs of activities undertaken lo further the purposes of the charity, including grants payable and all a$$ocialed support costs. Expenditure on ralslng ftjnds comprise the co$1$ of commercial Iradlng. Irrecoverable VAT is charged ag a co$1 ggalnst Ihe aclivlly for whlcl) expendlluTe was Incurred. Support Costs are those that assist the work of the charlly bul do not dlreclly Tepresenl charllable aclivilies and include office costs, governance sIs, adrnsnislratlve payroll costs. They are incurred dlreclly In support of expenditure of the objects ol th8 oharily. Where 8UPPOrt cos18 ¢annot be lully allribuled lo part¢ular headings Ihoy have been allocated lo cost of raiying fund8 and 8xpendllure on charitable acllvllles on a basis oonsislenl wlth the usg ol r&sOUr8. Debtor$ Trade and other debloTS are re¢ognised at thè settlement amount due after any trade d18¢0unl offered. Prepayments are valued al the amount prepaid ntrl of any trade dlscourbls due. Cash at bank and Ih hand Cash al bank and Sn hand includes cash and shgrt term highlyllquid Investments with a short mattjrity of three months or less from thè dale of acquisition or opening of the deposS1 or slmilar account. Creditors and provlslons Creditors and provisions are recognised where the ¢harity has a prèsènt obllgalion resulting from a past event that will probably result in the Iransler of funds lo a third paty and the amount due lo settle the obligation can bè esllmaled or measured reliably. Creditors and provisions are normally re¢c>gnised at Ihair setllemenl amounts after allowlng for any trade disco¥Jnts due. Pension costs and other post-retlrement benefits The charity operate8 a defined conlribukn.on pension scheme. Contrlbullons payable lo the charitys pension scheme are charged lo the SlateFnent of Financial Activitles in the per1od lo which they relate. 13
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Three Trees Community Centre Notes to the Finan¢lal Statèments for the Year Ended 31 De¢ember 2024 1 ACCOUNTING POLICIES Taxatlon Three Tree8 Community C&nlre meets the deflnlllon of charity within the meaning of schedule 3 of the Charities Act 2011 and 18 consideied to pass the tests sel out in Paragraph 1 S¢h8dule 6 Finance Act 2010 and therefore il meets the definition ol a charity lor UK corporation lax purposes. Fund accountlng Unrestricted funds can be used in acGofdance wllh th& charitable oblecllves at the diretIOn of the trustees. Re8lrfcted funds can only be used for partlcular restrlcted purposes wilhln the obleots of the charity. Reslriclion8 ar18e when 8pecified by the dgnor or when fund$ are Taised for p#rtlcular re8lrlcted purpose$. Further explanation of the nature and purpose of eaGh fLtnd18 Included In the notes lo the flnanclal slalemer+l$. TRUSTEES REMUNERATION AND BENEFITS There were no Iru$lees' remunerallon or other benefits for the year ended 31 Deoember 2024 nor the year ended 31 December 2023. Trustees, expgn59S There were no trustee8' expenses pald for the year ended 31 December 2024 nor the year ended 31 December 2023 except for the relmbursemanl of reasonable out of pookel expenses. 14
RE61STERED COMPANY NUMBER.. 07476312 IEngland and Wa1esl REGISTERED CHARif( NUMBER.. 1140924 Three Trees Community Centr& Notes to the Flnoncial Statements for the Year Endgd 31 December 2024 2 DONATIONS AND LEGACIES Unrestrlcled Restricted Funds Fund8 Total 2024 Total 2023 Donallons 3.769 3.769 897 3 CHARITABLE ACTIVITIES Unrestrietad Restrlcted Funds Funds Total 2024 Total 2023 Grants Room hlre Tenants rent 203,695 203,695 70,829 43.500 318,024 60,524 55,548 39,150 155.222 70.829 43,500 114,329 203,695 4 OTHER TRADING ACTIVITIES Unr•$trlcted R08trlGtsd Funds Fundg Total 2024 Tot41 2023 Calerlng Servlce8 provided S7 20.537 20.594 57 20.537 20,594 789 4.494 5,283 5 INVESTMENTS Unrestricted Restrlcted Fund3 Fund$ Total 2024 Total 2023 Interest recelved 658 658 246 6 RAISING FUNDS Unre$lrlcted Restrictpd Funds Funds Total 2024 Total 2023 Trading cost of good8 sold 640 15
REGISTERED COMPANY NUMBER.. 07476312 IEnBland and Wales) REGISTERED CHARITY NUMBER.. 1140924 Three Trees Community Centre Notes to the Financial Statements for the Year Ended 31 December 2024 7 CHARITABLE ACTIVITES EXPENDITURE Unrestrlcted Restricted Funds Funds Totttl 2024 Total 2023 Insurance A¢¢ounlancy & payroll Depre¢ialion Cleaning Grant expenditure B8d Debt Prcvislon 4,119 2,071 10,305 1,040 3,400 6,337 15,773 36,294 14.400 937 230 ,119 2,071 10.305 1,059 39.628 6,337 15,773 59,504 14,400 937 230 4.097 1.339 18 36,226 1.178 33,914 12,135 55,079 13,900 926 486 4.579 7,718 6,335 Gross Waggs, Nl & penslons Renl Waste disposal Volunteer expenses ConsullanGy Office Costs R&palrs. renewals & malnlenance Governance costs.. Legal & profe8$lonal f¢9$ 23.210 4,263 6.571 170 4.043 4,433 10,614 205 105,946 231 169,639 172 141,859 83,693 8 STAFF COSTS AND ASSOCIATED EXPENSES Total 2024 Total 2023 Wages and salarles Social security costs Other pension costs 48,682 7,985 2,837 59.504 44,901 7,641 2,537 55,079 The average number of employee8 during the year was as follows: Full tlme Part time No employee recEived emoluments In excess of £eo,000 The kèy management personnel of the charity comprise of the Trustee$. Trustees receive no rernuneration or other benefits from the charity. 16
REGISTERED COMPANY NUMBER.. 07476312 (England and W2lesl REGISTERED CHARITY NUMBER.. 1140924 Three Tregs Communlty Centre Notes to the Flnan¢lal Statgmgnl$ for the Year Ended 31 December 2024 9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Totsl 2024 Totsl 2023 Trade credilors Accruals Piovislon8 for bacl debts Social security and other taxes 2.804 2.988 6,337 2,202 978 2,117 2,133 5.228 10 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR TotAI 2024 Total 2023 Trade debtors Prepayments Accrued Income 49,351 166 5,717 56,235 25,249 13,682 38,911 11 TANGIBLE FIXED ASSETS Lfja8¢hold Flxturos & Improv•mgnts Flttlng8 Totsl Cost At 1 Januafy 2024 Addition3 0i8P05al8 At 31 December 2024 105,022 7,768 112,790 105 022 112,790 DeprÈelatlon At 1 January 2024 Disposals Charge for the year At 31 December 2024 8,752 8.752 1,553 1,553 10,305 10,305 Net Book Value At 31 December 2024 96.271 6.215 102,485 At 31 December 2023 17
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Three Trees Community Centrè Notes to the Financial Ststèmènts for the Year Ended 31 Dtcember 2024 12 CONTROLLING INTEREST The Charity is controlled by its Trustees. 13 COMMITMENTS The lolal future minimum lease payments under non-cancellable operating leases are as folltrws.. Total 2024 Totgl 2023 Expirlng.. Between two and flve year8 In more than Ilve years 2.160 172,800 174,960 2.700 187,200 189 900 14 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unre$trlcted Restrlctod Funds Funds Totsl 2024 Total 2023 Flxed assets Curronl asset$ Current liabilities Total funds 102,485 166,493 14.331 254,847 102,485 203.518 14,331 291.672 37.025 123.495 5,228 118,267 37,025 18
REGISTERED COMPANY NUMBER.. 07476312 (England and Wales) REGISTERED CHARITY NUMBER.. 1140924 Three Trees Communlty Centrg Notes to the Flnancial Statements for thè Yèar Ended 310ecember 2024 15 MOVEMENT IN FUNDS Balance at bèglnnlng of y&ar Transfers Balance Exp- batwgen at end of endlture funds y•ar Income UNRESTRICTED FUNDS General funds General Fund 103.788 139,350 92,552 50,000 100,5e6 Designated funds Dllapidallon Fund Flxed Asset Fund Project Fund Kllchen Slnk Fund 50,000 110,830 so,000 100,917 794 2.350 154,061 9,913 3,481 4,275 2,350 6,625 13.394 160.B30 Tolal Unra$trl¢tsd funds 110413 139 350 105948 110 830 254 647 RESTRICTED FUNDS Aclivilie$ Fund ICF Phase 4 - Project POO Garfield Weston Community Building Fund Community Well 2,OOD 2,000 100,OQO 91 99,909 1,917 1,917 13.679 19,429 20,000 28,000 55,695 3,971 2,350 8.571 3,937 sg,632 Total R&8trlcted funds 110830 TOTAL FUND5 118267 343 045 169639 291672 Gèngral fund- This Telale8 to (he unreslricled Sncomings and oulgolngs al Thre8 Trees Communlty Centre. The charity oan utilise general fund$ al the dlscrell¢)n of Trustees in line with ts Gharitabl¢ objectives. Thè Fixed Asset Fund Includes Ihe total carfying value offixed a88ets that have been purchased using grant funding. Assets are capilallsed al cost and transferred into the fixed asset fund and are depreciated in line with the companies depreclalion poll¢y. The Project Fund represents a number of small unrestricted grants reiVed from charitable trusts which have been designated lo deliver projects for (he local comTnunity.
REfj15TERED COMPANY NUMBER., 07476312 IEngland and Wales) REGISTERED CHARITY NUMBER- 1140924 Three Trees Communlty Centre Note$ to the Flnan¢lal Statements for the Year Ended 31 December 2024 15 MOVEMENT IN FUNDS The Kitchen Sink Fund is a proje¢t to uplift key part8 of the community eentre. The maln oblect(ve belng lo r8place the main kllchen. The Activitias Fund is restricted funding for runnlng groups 8n¢J support session8 for the local cornmunty. Funds from the ICF Ilncluslv8 Communltleg Fund) were used for the refurbishment of our kilchen Including new commerclal oqvipmenl. Phase 4- ProJect Pod - was a fund that was ulili8ed lo develop and improve our bulldlng space whlch was mainly funded by HS2 and Veolia in addition lo other fundgrs and our reseNes. Wè werè abl6 to @xlend one of our back rooms and develop the garden space. As part of the project. we have also beon able lo implamenl air-conditioning into some of our office spaces and enhanGe bulldlng securlty with lrnproved external lighting and a se¢urily soreen. Funds frorn Garfield Weston were used t¢ward$ our Kltchen Sink prolecl lo brlng our buildlng up lo dal&. We installed a new corrldor, an automatic front door as well as maklng improvements lo our outsidè space and other area8 of the building. Fund8 from Ihg Community Bulldlng Fund were also used towards our Kitchefi Slnk project to bring our bullding up to dale and improve our f&¢ililles. Communlty Wg11- is a wellbelng projeol funded by The Nallonal Lottery Reaching Communllle8 Fund whlch alms to cover all aspects of wellbeing, physical, mental and soclal for all age groups Ihrough various projects. Projecls include, cooking workshops, various fitness sesslons, mental health support and more. There arg also prolects bringing likemlnded people together lo work wllh a mentor on speo'rfi¢ issues they want kj focus on. The Dllapldatlon Fund has been pul lo one side lo save for significant planned cy¢lSeal repairs to the building. We are expecllng lo replace thè roof within the nèxt 5 years wlth an anticipated cost 01 £100,OCIO. We also have four skyli9hls in the buildlng Ihat are deleriorallng and we have recelved a quote to replace one of these al approximately £30,000. A8 our reserves are in position for us lo do so, we are now going lo begln setting aside funds towards the co81 of Ih8s8 significant repairs annually wilh Ihg hope that we will be able lo match fund any remaining costs. 20
REGISTERED COMPANY NUM8ER.. 07476312 (England and Wale$l REGISTERED CHARITY NUMBER.. 1140924 Three Trees Community Centre Notes to the Financial Statèmènts for the Year Ended 31 December 2024 16 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Un- rgstrlcted Restrlcted funds funds 2023 Total funds 2022 Total lunds INCOME AND ENDOWMENTS FROM Donations and legacies 897 897 2,910 Charitabla activitlas Charitable aclivllles 95.698 59,524 155.222 177.759 Other trading actsvS1ies 5,283 5.283 8.769 Investment In¢ome 246 246 28 Total 102.123 Sg,324 161,647 189.464 EXPENDITURE ON Raising funds 640 840 114 Charltablg o¢tlvltb&s Charltable a¢liviti¢$ 78,691 63,168 141,859 166.463 Total 79,331 63.168 142,499 166,S77 Ngt Irkcomg I-expendlture 22,793 3.645 19,148 22,887 Transfers bets¥een fund8 Net movement In fund$ 22,793 3,645 19,148 22.887 RECONCILIATION OF FUNDS Tolol funds brought forward 87,620 11,499 99,119 76,232 TOTAL FUNDS CARRIED FORWARD 110,413 7,854 118,267 99.119 21
REGISTERED COMPANY NUMBER.. 07475312 IEngland and Wales) REGISTERED CHARifi NUMBER.. 1140924 Three Trees Community Centrè Notes to the Financlal Statements for the Year Ended 31 December 2024 17 COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 2024 2024 Unrestricted Restrlcted funds fvnds 2024 Total lund5 2023 Total funds CURRENT ASSETS Debtors Cash at bank and in hand 25,411 90.229 115,041 13,500 38,911 15,514 5,646 84,583 96.273 7,854 123,495 111,787 CREDITORS Amounts falling due wilhln one year 5,228 5,228 12,668 NET CURRENT ASSETSI-LIABILITIESI 110.413 7.854 118,287 99,119 TOTAL ASSETS LESS CURRENT LIABILITIES 110,413 7,854 118.267 99.119 NET ASSETS 110413 7,854 118.267 99.119 FUNDS Unrestricted funds Reslrlcled fund8 110,413 110,413 7,854 7,854 7854 118267 87,620 11,499 Y9,119 110413 22
REGISTERED COMPANY NUMBER.. 07476312 (England and Walesl REGISTERED CHARITY NUMBER.. 1140924 Three Trees Community Contra Notes to the Fln8ncial Statements for Ihe Year Ended 31 December 2024 18 COMPARATIVE MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023 Balance at beglnnlno of y•ar Transfors Exp- bÈtwÈèn endlture funds Balance at end of year Income UNRESTRICTED FUNDS GÈn•ral funds General fund 81,995 101.123 79,331 103,788 D9$1gnated funds Proie¢l fund Kll¢hen slnk fund 4,275 1,350 5.625 4,275 2,350 6,625 1,000 1,000 Total Unr88trlctgd funds 102 123 110413 RESTRICTED FUNDS Phase 4 - Prolecl POD Acllvllles fund Community Well 2.217 300 1,917 2,ODO 3,937 2,000 9,499 57,307 62,868 Total Re$trl¢ted funds TOTAL FUNDS 161647 142499 118267 23
REGISTERED COMPANY NUMBER.. 07476312 (England and Wales REGISTERED CNARITY NUMBER.. 1140924 Three Trees Community Centre Notes to the Financial Statements for the Year Ended 31 December 2024 19 RELATED PARTY TRANSACTIONS Kri8 Chase-Byme Duiing the coui8e of the ye8r. Three Trees provided room hlre and other services lo 3 Beans Kitchen CIC, Black Train Muslc CIC and Northern Star Community Arts amounting lo £14,123. Kris Chase-Byre is a Trustee of Three Trees Community Centre and Is al80 a direolor of Black Traln Musi¢ CIC (company number 113316741 and Northein Star Community Arts (company number 044032931. Northem Star Communlty Arts is a dlTecloT of 3 Beans Kitchen CIC IcDTnpany number 139799131. Room hire and office facililieB provlded by Three Trèes to both 3 Beans Kllchen CIC, Black Traln Muslc CIC and Northern Star Community Art$ are charged al the sarne rale as that charged lo members of the publlc. Neil Robarts Three Trees Communlly Cenlré has a lea8e agreement with Che1rn81ey Wood Baptlst Church for use of th& bulldlng and assoclated InsuTance8. L&as8 payments mad8 by the charlly éuring the year were £14.400. Neil Roberts Is a Trusteè of Three Trees Communlly Centre and is employed by Chelmsley Wood Bapllsl Churoh. N811 Roberts is obliged lo dèclare a ¢onfllcl of Interest whereby board declslon's or dl8ovs$lon's take pla¢8 In relallon to the leas&. 24