Company R8glstratlon Numbar. 07745594 Reglstsr¢d Charlty Number. 1147691 fvJiYVALE COMMUNITY PROJECT (A reglstwed tharlty, and a company limited by guarantee) REPORT OF ThE DIRECTORS & TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 111 111 AF43KXJM 1210eK2026 CCWPANIES HOUSE A18
Company Registratn No.. 07745594 MARYVALE COMMUNffY PROJECT istered ¢ha and a com l•mlt uarant CONTENTS OF THE FINANCIAL STATEME For the ar end¢d 31 O¢tobor 2025 Page Company InfcfftalioTh Report of the Directots and Triistees Rert of ihe-Inder*ndent Examirws Statement of Financial Adpirt BaFarTh sheet Notes lo the Financlal Statements 10-14
Company Regslration No.. 07745594 MARYVALE COMMUNITY PROJECT istored chari and aeom limited b uarantee COMPANY INFORMATION For tho r end¢d 31 October 2025 OIRECTORS AND TRUSTEES Mrs Barbara A cyC8n Chairpwson Mr Anthony F Treasur Ms Emity Pugh Father Hutlson's Care representstive Mr DOrnIn J Fahey Parish representakn.ve Miss PAary T A Wakh Trustee wilTh)ul FMxtfolK) COMPANY SECREfARY Mr Antfrx)ny F REGISTERED CHARirf NUMBER 1147691 REGISTERED OFFICE mare Community Centre Old O%ott Hill Bimiingham West Mhylands 844 9SR MAIN OFFICE Ckjr L* of The Assumplion Communty Centre ljd Oscott Hll Kingstanding Birmingham 844 9SR INDEPENDENT EXAMINERS Four Oaks Taxatton & AccountirwJ Servit£s Limited Suite D, Astor HcMJse 282 Lhrd Road Fwr Oaks "Sutton Coldr West maDS 874 2UG
Compary Regi$trth"on No." 07745594 MARYVALE COMMUNITY PROJECT istwed char and a com limited b uarantee REPORT OF THE DIRECTORS AND TRUSTEES Forth• ear ended 31 October 2025 The tru$tee5 of the ¢harity. are aso directws of th8 ¢(PanY. prewt thew annual rewt, tcsther wrilh the charitable companWs stslements. for the year ended 31 October 2025. REFERENCE AND ADMINISTRATIVE DETAILS Th details are shown on Ihe'company Inlormalkin. page. on Page 1 of these fInarla4 ststements. INTRODUCTION Maryvale Communty Project fMCVI i% at one same time a regi51ered charity and a registereil cornpany. The persons v#hose names appear on page 1 of these accounts are both trustees for the Purpose of charity law and directors for the wrtM)5es of cLJmp3Try Liw. Actxrdingty in this annual report thoy will b8 described as Charity Directors. The Charty Llirectcrfs have FAeasure in presentir#J their annual re together ith MCP'S audited financial statements ts Ihe year ered 31 Odober 2025. PRINCIPAL ACTIWTIES AND OBJECTIVES The Articles of Association specify the charitatAe Ob fcy MCP wa5 estsblished name. 'the advancement of citizenship or wmmunty developm1.. and the relief of Ihose in need by reason of youth. e, ill-health, disabilty. fmanck?I hardship. olher disadvantage. and in caryng tyjl these objects, the harty shall remain inspired and guided by the etlK)s and values of ils mis$K Slatement." MCP seeks lo serve those resident tyimarily in Ihe ParKsh of Maryvale. defined a$ the Ksngstanding. Grtst Barr and thasey Estate areas of North Easi BirmirrfJham. The principal aclNItEs of MCP in the year under review have been the management and development of a )mmunity pro11 fly the furtherar¢ of the ab)ve 0.eCts. through the organisation and operation of..- - the Tuesday Lunth CILb". - the Tuesday Sunshine Club.. - the Thursday In and thjl Club: and - home visiting.. - telephone befriendi - to these ends. ernploying stsff. enwng volunleer5 arKJ making ThJmerous grant applications. BACKGROUND Originaly. Maryvale Community Project an unirKorwated wnmunity-based organisation whKh was formed followir¥J Ihe recognitKin by the then parish prt of Our Lady of the Assump1K. Catholic Church. Father David Oakley las he then vrds) of the swffjrcanl reds of thè elderfy population of the k)cal community in the Paiish of Maryvale. The Mawale Communty Centre was. at that tsme. an extremely valuable bul much-underused and rather rUnoWn resource. Father Dw"d recugni5ed that it could be aPled to much greater advantage as a foeal 1n1 vthin communty. providing a pixe for ktal Fople to meet and socialise. take part in a¢tNitw, find support when in need a base from supm workers and volunteers could provJe services to th end. A committee of vdunleers was ft)mied in 2005. It tKas made up of parishioners with exper1er and professK)nal experb.se in provision ol social care and support. An extensive census was conducied within the Parish aTrJ local community to estalsh the prectse needs whth ded to met. At Ihe same time plans were in a¢e fw the extensive renovalion arkj imtwvement of the building fabric of Mary4ale Community Centre ilsew such that il would be ready to meet the needs entfflied by the c*nsus. Page 2
Company Rogistraty)n No.. 07745594 IIARYVALE COMMUNITY PROJECT A R lstered Chari and a Com an Limited 8 Guar•• REPORT OF THE DIRECTORS AND TRUSTEES ar ond•d 31 October 2025 ¢ontlnued BACKGROUND CONTINUEO Based on the census results. ar vrith substanlial and 5unffjnI supwt wovided by Fh8r Hu(Ison's Care, funding wa5 obtained from the &g Loltery FuTrJ which funded MCP for four yEars. MCP wa5 Irrporated in August 2011, takirrfJ ovei the è55els from the uninctywxated organisati¢Jn and became a Registered Charity in June 2012. STRUCTURE, GOVERNAMCE AND MANAGEMENT MCP is established as a company limited by guarantee. Each of the le1 members of MCP lo whom Ihis report is addressed has undertaken. rf evw MCP shwld have to be ¥nd up, lo contribute a fixed sum lo fund lo pay off MCP'S credthrs. That is the guarantee. As a company. MCP has to have a Board of Directors who have lo ensure that MCP com9 wth the law alcable to all companies bthether large small t whether they are charitable or tr8ding corwn5. MCP rs also a reg[sted charity and so the Board of Directors, as far as the Charity Commiss)n is Con¢w. wfoms the same functions as any Trustees of a charity do namely wtsuring that MCP fijffls ils charitable obi8¢ts. The f¢)unding dowmenls of MCP are ils Memorandurn arKI Ale$ of ASSlat)n and the MissKin Statement. The Artides of Association are the official legal rulebook whlch g)verns both Charity Oirector5 and the legal members of MCP. Legal Members are those entiled to attend arKI vote at the AGM. They need not be members of the any of our veekty dubs. or users crf anyof Ihe seThtces MCP provides. The Chartty Directus. are naturdl persons. we Ir time and services voluntarity 8nd ceceive no salary, wage or benefits from MCP. Chanty Dwectors have a W wttilknent lo radaim expenses property incurred. t)ut 5u¢h daims are rarety made. Under the ArtS of Ass¢xialion. Father HLK1's Care shall at all times during the o)nts"nuance of MCP a Corporate Director and shall be enlilled lo be represented at meetings of the Charity LI.rectS by one or more natural persons provided those persons are over the age of 16 is not olhwise disqualified frryn beiw a Charity Director. Currentty both Emity Pugh and Shari BtcNm are assKJned to assl the Project. The Charty DirectS manage MCP. The Ae$ of Association requwe that there shal be not less than 5 Charity Ditsclors al any given b"me. ordin meelings of the Charty Directors shall be ouorate if at least 2 Charity Direths are present or one third of the total number of Charity Dire¢tws at Ihe time whichever is the greater. There is slill an urgent need for furthef rewith)enl lo the Board of Charity DCtorS. GerEral Meelings of MCP shall be qucKate rf 5 members are wesenl or one tenth of the tota membership al the Ilme, whichever is the greater. t)e¢isions al all meet1r shall be carried by a simple maprty of those present and qualrfied lo vote. The Chair shall have a caslino vote in the event of a tse. The F)wer of appointment of Charity DiTeetors ullimatety rests vAth the Legal Members. The Charty Directors are elltitled lo appoint other5 to Ihe Board in befvfftn Annual Genwal Meetings but SLth appoinlrnenls rnust be ratifd al the next erwir¥J Annua General Meeting. Copies of the Mernorandum arKI PAicles of Associa and the Miss•)n Statement ¥e publislwd on the MCP website and hard Copies may bè obtained by sendivJ a wepaid aThJ sebf-addressed envelope lo the Company Secretary at Ihe Re9tste Office of MCP. Page 3
Company Registration No.. 07745594 MARYVALE COMMUNI PROJECT istered Cha¢ •KI a Com Llm AR¢ REPORT OF THE OIRECTORS AND TRUSTEES ortho 20 continu¢d THE BOARD OF CHARITY DIRECTORS AND TRUSTEES The members of the bod, who we Ihe pwposes of MpanY law. and trustees for purposes of charity jaw. and who served dwing Ihe iearor since tt>e year end up lo the dale of Ihis retrt were as lollows.. Directors and Irusloes who swved dwing the >w.- Mrs Barbara A O'Cdlaghan- Chairperson Mr Anthony F Dw- Treasurer and Company Seuetary Miss Mary T A Wekh Ms Emily Pugh - Father Hudson's Care repres8nlatNe Mr Dominic J Fahey- Parish preSents18 All direct( and trustees slve tine services vduntsrily. and re¢eive salary. wage or beneffts from the Cha¥itae compaw. The Charitys founding doojmenls require thal the Foundiry Members. Maryvale Parish ar#J FaIr Huejson's Care, musl each have a representalwe on the Board of Charity Directors. arKI currenuy Mr Oominic Fahey is the Parish representative, and Ms Emity Fljgh represents Father Hudson's . In accordance the companvs Arte$ of ASsoaan. Mr Anlhony r will relire by rotation at the Annual General Meetin9 IAGMI. and beiThJ elVie to do so, win appty for reapintMent. As explainerj al the last AGM of MCP, the Charity Directors have been seekin9 to hlentrfy ajditional persons lo join the Board. APicatIonS from wlliTrJ candidales be very Vcome, YKl8ed are now urpnuy nee¢Jed. REVIEW OF THE YEAR'S ACTMTIES ANO PERFOIIMANCE In the years since the pandemic and the subsequent Cost of living crtsis. the need for the PTojecYs core activities has become even more important lo ohjer people and adults with learning and physical disablilw. and the effects on Iheir mental heallh and ellbeing has become mce prevalent. Over the last year the impact ol these issues has wned. arKI therefore the need f our support has increasèd. AI MCP VE work Nmth some of Ihe most isdated arAI NwInerae peLWe m the KingstandiThJ and Okl Oscott eas of Birmingham. who stru9Je vAlh day-to4ay living, and being accepted by sety. We deliver the folloNving core activi15 to reduce feelings of i%dalKn al londrns ty devdoping and sustaining'.- . A weekty lunch dub for peopk over 55 who are experring fedirv> of social isolation and lonelir$s. We proviije a warm aThl wlcoming safe space vthere older peOe reNe a fy¥trcwrse healthy meal, partKpe in a variety of light exercise, and join in Vrth Mus1 entertainment.. • Sunshtne Club, a wkly eventng frendship for adults with learning and physical dtsabilities. We tffovi(Je a safe space where ajulls Vilh dwbilities can meet up. partscipats in game5, arts and cyafts and light exercises. • In and Out dub is a weekty educational dub ere v expkne and devdop lrfe skills, as ccrt)klro. stsying safe, personal hJyier7e Ithshops and trips. . MCP'S aclivibes are led by our part lime Community i)Jtreath and Activit C(Kffdinalor a1¢XIde a dedicated team of volunteets Y+iththrt vthich we simpty coukl not continue necessary Kw)rk. . Father Hudson's Care l FHCI have continued to support maryVa Ccffnmunity Projed by providing a board member, addiiional supwt regarding fiJndin9 ap1¢allonS a1 HR mattèrs on behalf of MCP, by both the Head and Deputy ol FHS Comrnunty Projects. Page 4
Company Registration No". 07745594 MARYVALE COMMUNITY PROJECT istered Chari and a Corn Lirnited B Guarantee REPORT OF THE DIRECTORS AND TRUSTEES For the ended 31 October 2025 continued REVIEW OF THE YEAR'S ACTMllES AND PERFORPAANCE Icontinuod) r prevyJs Father ldsOn'S representative Verrona used to wrte all our gant appIatn$. antj when she left last year we fourKi Ourselves in a situatson vknere nOY vras perfomiing thi$ important role. Consequendy in September 2025. Fhu Hudson's agreed to provide us the services of Ms Lanh Nguyen for a month every year. to lIe 5ubmtt grant apJiCaIns fty us. So whdsl funds in the balance sheet are very low at 31 Octobef 2025, Lanh's efforts on c¥Jr behal have alithed us to e4)ntinue in operalK)n after the year end. when signrficant wl fundiNJ ljeen resume(l. RISK POUCY The Charity OirectOTS identify the kerd risks whtch faee MCP as beiig: 111 the loss of its furxling.. and 121 Ihe loss of its excellent rePutatn within the local communty due lo either imprudent use of funds, or to complaints arising from the carrying CMJI of its mission. To manage these risks the Charity Directors continue to take the follthving xiK)ns: Loss of fundi - MCP Manager Wsxluces a dth"le(J furnlry Fdan to trxk app1Katn$. This is rewed monthly in a meets'ng wh Mrs Watters and quarterly al a Bo¥d MeeliThJ of ts Charity Directors. - The Chity Directors agree an annual budget at ts beginning of each accounbThJ aT. This 15 revIed in the same manner as the funtjing plan. Furthermore. those Charity Directws I0 e registered signal(¥$ for MCP'S on4ine account refef lo Ihi5 bwjget before autKKiSirYJ exFenditure. - Finalty. MCP receives financwl suFwrt from Father Hudson's Care. Imprudent use of funds reIved - Three of the Charity Dirlor$ act as the Finance Commrttee of the Board and ao the aulhorised si&Thlories fcrf on4ine banking. Clieques requwe Chwity DirtorS lo sign. - The annud accounts are wofesSn8IIy audited. - FHC have supported MCP to woduee a detailed fundww rA to track applicAtiws. and thts is reviewed * the fwarterly board meetings of Chty 0t$. The Charity Directors keep Ihese pdKies urJer ragular revw arKI indeed add lo 01 update them as the law requires. RESERVES POLICY MCP'S poIY is lo maximise its income for the Iurtherare of its charitatAe oty"ecls. 80th restricted and unrestricted furKls are made use of lo enable MCP lo operate effeclfvely and lo cover its on-going funNng sts. FUTURE PLANS In 2025126. we sel out to achieve.. - Conversion lo a Charitable IrKorporate(I (98n1$at)n {'ClOJ: Obtaining of furK5ing". - Recnjilrnenl of a part-bme Project Manager., - Reuuilment of litnal volunteers. RESPONSIBIUTIES OF THE DIRECTORS AND TRUSTEES The trustees (who $0 direclors of Mawak Community Project for the purpose of cornpany lawl are responsible for preparing the Tnjslees. Annual ReF4)rt and the financial statements in accordance wrth applicable law and Unite(i lfj'rydom A¢try Standards (United ngdoM Generalty Accepted Acc¢xJnling Practice}. Page 5
C(Mmpary Registrab'on No.. 07745S94 RT OF THE DIRECTORS AND TRUSTEES For the ended 31 October 2025 continu•d RESPONS181LITIES OF THE DIRECTORS AND TRUSTEES continued Company law requires the trustees lo prepare firrdnci statements for aach financial year, whh gNe a true and fair viow of the stsle of affwrs ol the charitsble company and of the in(tsning resour and applKation of resour$. induding the incomo and expgnditure. of ¢haritablg company for that per. In preparing Ihese financial stslements, the trustees are requir lo= - select 5uiiable accounting polKies and aOy them consislenlly. - obseNe Ihe melhods and princijes in the charitS SORP 201 S (FRS 102)., - make judgements and estsmates that are reasonable and prudenl.. ~ stale whether applicable UK Accfyjnting Standards have bgen follth¥ed. subj'ect to any merial departures disdosed and expkined in the finanraal statements., and - prepare the finala1 statemenls on the goiNJ eortem basis. unless it is inappropriate to presume that the chwitthe Ccfnparry ill contiiue in operabon. The trustees are respxtsible for keepirvJ adequate accrrting rd$ and that disclose wrth reasonaL4e accuracy at any time the financial position of the charitae compary arKI enab them to ensure that the financial stslements compty the Companies Acl 2Crf)6. Tlw are also responsible for safeguarding the assets of the charitable company and hence takK reanable steps f¢X the prevention and deleclK)n of fraud and other irregultss. In so far as trustees are awe". - there is no rel8vant audit information of the charikble companvs audiior is unaw&e', and - the trustees have taken all steps Ihat they ought to have tsken lo make themselves aware of any rdevant audit informalion and to establTrsh that Ihe auditor is a•Are of that inf0mlaln. INDEPENDENT EXAMINERS Four Oaks Taxation & AccountirvJ Services Limited, having indKaled their V*llin9ness to continue in office, wil be proposed I( reappointment al the Annual Generai MeelirwJ. This port has been prepared in accordance with the"Sktemenl of Recomrnend Practice.. Accounting and Reporting by Charities" (issued in January 201 Sl in accordance with the special provisions of Part 15 of the Companles Act rdatirKJ lo smal ccrfnpanies. APPROVAL OF THE DIRECTORS AND TRUSTEES Approved by lh8 direct¢)rs aThJ trustO9s on. arKI Swd on their behalf ty.- Mrs Barbara O'callag Chairperson. Difector and Trustee Dale
INDEPENDeNT CHARTERED ACCOUNTANTS. REVIEW REPORT TO AIARY41ALE COMMUNITY PROJECT istered charf and a com n limlted b E DIRECTORS OF uarantee We have revieNd Ihe fFnwral stalements of Marylae Commurmty Pro1¢ for the ypar ended 31 October 2025 whKh comprise the Statement of Fin&t¢i81 Activities, the Statement of Net Assets and the related notes 1 10 15. The financial rekKirting framewk Ihal has be aPprd in Ihetr preparation is applicable law and United Kingdom Accounting Standards (United Kingdorn GrallY Accepted Accounting Prte). indudirg Firtancial Reporting Slandard 102 The Finan¢ial e'rj St•Klaryl apKable in the UK and Repuurc of Irel8nd'. This report is made sclely lo the companYs direCtS in accordance wilh our tem)s of engagement. Our revtew has been undertaken so that rnh1 state to the direclrys those matters that we have agree(1 wih them our engagemenl letter, and foT no other PLWFh)se. To Ihe fullest extent pemitted by law. we do not accept or a55ume responsibility lo anyvne other than Ihe cornpary and Ihe mpanY$ directors for our work. for this report. or the conclusM)ns we have formed. Dlre¢tors' resDonslbllltv for the flnancial sLern•nts As explained more fulty in ReSpOnsilItIeS of Directors arKI Trustees Ststement on page 5. the directors are responsiNe for the kyeparation of the ffinantsa statements. aTrJ f bw.ng satigfied that tY grve a Inje and falr Accountants. responsibillty Our responsibility is lo exwess a corK$th based on rKJr revivw of the financrtl statèments. We ndlthd our review in accordance with 1nlemab.ona SlaThJard on Revilw Erygèments (ISREI 24W (Revisedl. 'Engagements to review his1[Cal fmancial slatements. and ICAEW Thnal Rdease TECH09113AAF 'AssUra[ review eywments on hk%torical finanaal siaiements.. ISRE 2400 also quireS us to comply Mth the ICAEW Code ol Ethics. Scope of the assurance rwlew A review ol financia statements in axordance tmth ISRE 24CK) (Revised) is a liniled asswancg engaggment. We have performed additional procedures lo those requwed undei a CoMpet10n engapmenl. These primarli y consist of making enquiries of management and others wthin the entty, as appropriate, applw'ng aalCa1 procedures, and evalualin9 the evidence obtaine(l. The procedLtfes perftymed in a are subslantially less than those performed in an audit conducted in a(dance wth Inlernati)nal SlaThJards on Audibng {UK and Ireland). Accordinyy, y do not express an audit Opin on these financkal statements. Concluslon Based on (yjr review. nolhirvJ has come lo attentv)n that causes u5 to bdieve Ihat the finawal stalements have not been preed.. - so as to give a true and fair wew of the state of the companvs affairs as at 31 Othbor 2025, aNI of tts nel movement of funds for the year then ended: - in accordan vmh United Kingdom GerlIYAcCepted Ar?ntir@ Prnctse. inckKling Fmpnoal Reporting Stsndard 102 The Firwra1 Reporb'ng Slandard applKable in the United lQ'ngdom and Rewbii¢ of Ireland,: an(1 - in acwdanee wth the requyements of ts CLNnpanies A£t 2QX. rt4 Four Oaks Taxation & A Suite D, Astor Hous8 282 Lichfield Road Four Oaks Sutton COldfld Wesl Mtdlands 874 2UG unling Servw Limited P&Je 7
Comparry Registration No: 07T45594 MARYVALE C0141MUNrrY PROJECT hari and a com ist• uarants STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 ocfo8ER 202S ResIted Funds Unrestrict Funds Total 2025 2024 Incoming resources Giants and donations Other Prc4ed fundraising 50-50 Club 16.762 11,311 16,762 11.311 25,452 11.118 Totsl in¢oming rn50ur¢•s 28.073 28.073 36,570 Expendlture Staff costs Isaaries. NIC 8 pensk$) Slaff trainintytravel 23.209 17,968 23.209 17,968 Rent Insurance Stationery arKI off expens85 Telephone and inlemet aThJ ¥**bsite Outings and trip5 Poslage Catering Resources and actNities for gThJps Vdunteers. expenses S¢xial events Management & pa1 adminlstrat Raffle and bingo prvzes Sundries Exlernal'ExaMir, ¢))sts DeprecIatn of ftte(l assets 3.000 854 813 1.467 1.467 2.020 213 3,076 2.024 8T1 16 3.500 137 258 1,260 99 3.061 S.691 3.061 5.691 75 154 1.242 75 1.242 83 19.212 19,212 17,292 Total Oxpenditurn 42,421 42.421 35.260 NET MOVEMENT IN FUNDS (14.348) 114.348) 1.310 Fund5 brought forward 15.178 15.:178 . 13.868 Fuftds transfer FUNDS CARRIED FORWARD 830 830 15.178
Company Registration No.. 07745594 ARYVALE COMMUNITY PROJECT Istered chari and a com limited b uarantee 8ALANCE SHEET AS AT 31 OCTOBER 20 Total 2025 FuThJs -ed Funds 2024 Flxed Ass•ts $86 Current Ass•ts Debtors Cash at bank arKI in ha1 707 4.713 5.420 707 4.713 5.420 20,857 21.525 Creditors - amounts falllng du• within one y•ar (5.176) 15.176) (7.016) Creditors- amounts falling due aft morg than on• y•ar 10 Net L8sets 830 15,178 Accurnulated funds Brought for¥ward Nel movement.for year Carried forward 15.178 15.178 (14,348} (14.348} 830 13.868 1.310 15.178 11 For the year erthd 31 Octobw 2025 the u)mpary Yds eoblleil ¢0 exefflptA from audit der section 477 of the Companies Ad 2006 relatir¥J to srnall companies. The members have nol requwed the cwipany to r)btatn audit in IMlh Section 476 of the Companies Act 26. The charty directots acknovAedge Iheir respmitslityfor 0)mF *ith the requirements of the Act 1h respect lo aceounting rewrds. for the preparalw)n ol a(xXnts. The financial statements have been wepared in accwtsnce wrth Ihe SPBCAI prw5ions appIle lo companies subject lo ts $mai eompantes wme. Approvgd by th• charlty dlrKtt)rn.and $ign•d on their b•haff by: aghan- Ch n Thre¢toT and Trustee . Treasuw, frlor arid Trustee
Company Registrat No.. 07745594 MARYVALE COMMUNTfY PROJECT red chari and a com an limited b uaYant•• NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 1 ACCOUNTING POLICIES Baqls of preparntlon Mafyyale Community Proie¢l is a charilable e4ynpany limited by waranlee. wthich is a PutlC be enbty, registered in England. The address of the registered off is given on the company information page, found on page 1. of the financol statements. The nature of the charitls Operan$ and princlpal activities can be found within the Re of Directors arHI Trustees. The financial stslements have been ppared under the hisiorical cost convenlton, in ac£ordance with FRS 102 effectNe Jarrtwy 2015, and in acccrfdartt with the Statement of Recommentted Practsce- AcCoJnng and Rewting by charl5. {charrf SORP FRS 1021. arKI with the Companies Act 26. The Chaity has applfftl UF¥Jale Bulletin 1 as published on 2 Fe1Xu 2016 and does Ind( a Statemenl of Cash on wnds thal is arl¥j FRS 102 &10n 1 Going conoom The finarttal slalemenls have been prepared on a'wry corwi basis.. whKh assume5 thè continued support ol charitable trusts and other dorKS. because Ihe directors and Iruslees remain confident that tF¥s supptyt V•ill continue to be It(Cl1rWJ. arml Ihal therefore the tharitable company can continue lo operate. and lo meet its financ obligations as and when they lall the. for the foreSeeae ftiture. No prow's)n has been made in these finarKial statements for the drffence betVeen asset values as they appear in Ihe balance sheel. aThJ their realisabl8 vaug5 shwld the company be wound up. nor for any cogts of Ibiuidatm. Flnan¢lal Instruments Financial instrumen15 are dassffied aThJ accwnled for as finanoal assets. fina8[ Ik4ylities or equty instruments. aecording to Ihe substance of ea¢h contractua arrarwenl. An equity instrument is any contrad that evKIen a resKlual interest in ts assets of th9 company after deducts'rKJ 811 of hs Tanglble flx8d assets Assets having an estimated useful fe of more Ihan or are eapilaltsed at rnsL arKI deprerAalK)n is ovided at the folowirs anNal rates. in der to WTite e* asset over its eslwnated useful lrfe.. Fixtures & fith'ngs - 15% on reducing barte Off equipment . 33% on rethr#J balance Debtoffs and credllorn Debtor5 and creditor5 wlh rn) staled intttest rale. whth a re¢er¥able or parab wthin one aT, recorded at Iransactson pri. Jkny losses arising from imprment are recognise(l in expeaUle. Page 10
Company Re9islr8tion No.. 07745594 MARYVALE COMMUNrrY PROJECT lstered cha and a com limited b uarantee 14OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 OCTOBER 2025 1 ACCOUNTING POLICIES (Continued Incoming resources All incoming TescyJrce5 are irJuded in the statent of finawal aCtlI1eS when the charitable ompany is legalty entitlad to Ihe income. there 1$ cwiaintyof receipt. and the amouni can be quanlrfied bwth reasonable accurw. IrKorne wll orty be deferred where a doncrf speerfS Ihal It musl only be used in lulure accwnb'ng per$. or tsre are CnditIOnS %thich must be met before the charitable comparw has unconditNJnal enthlemenL InmIng restyjrces are slated gross of any expenditure whh may have l)ew deducted to receipL Entillement lo legacw is taken as the earfier of the chantth rxjmpary bèifKJ notrfd of the impending iJistribJtKJn. the18gacy b.ng rec£ived. Gifts in kind. donated for dis1n"trAJtn. are induded as income Ihey are distributed. Gifts donated fw resale are inded as income they * sokl. t)onated fa¢ilth"es, whgre a Ihird party is bearing the cosl. are induded al ther value to the charitatle organisation. WIre this can be qL1anlrf. Resource# exp•nded All expendTlwe is acethmted tr on an accruals basis. Funds structure MCP eurrerfy has lypes of furM1s. unrestitted and restrted. Unreslricied fijnds have arisen from incoming resources received tovMr(Is, and as a result of. the main airns and obJectNes of MCP. Restricted funds have arisen where incoming resources have been raised and received with partlaT aims and objeetives in miTrJ. Suth furKls may onty be exp8nW lowwds achi8virvJ those periKular aims and objectives. Ponslon costs and othar post-rntif•ment bgnofrts Staff pa1pate in a defined conlributk)n pensK)n schern8. Cfrtilxjlions pardble 10 pensKfyn s¢fme by the chafitaL4e company are chged to the Statemwrt of Aclivities in the period to thich they rejate. Volunteers and donated ser4l¢¢s and faclllt5e¥ The value of semces provKled by Volunteers is r1 l¥Jed in these ffinarKial statements. Further delails of the tributn$ ma(le by voluntws may be fouThd in the Annual Rewl of the Charity Directors. IrrKov•rable VAT Irracoverable VAT is chard against the cawry of resowces wjended in respect of vthich it was incurred. Page11
MARYVALE COMMUNITY PROJECT istered charl and a com Ilmtted b NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2 GRANTS & DONATIONS RECEIVED 2025 2024 Father Hudson's Care Imaymert fee5 WaNed) Spring Hall Limited 291h May 1961 chari108 TrLtst Our Lady of the AssufflptK Parish Bailey Thomas Garf Weston Small indNKlu donan¥ 3.500 4.751 5,000 3.000 5,500 511 16.762 452 24452 3 EXTERNAL EXAMINERS. REMUNERATIOII 2025 2024 Extwnal exominerfs Ungl 1.242 1.260 4 TRUSTEE REMUNERATION 2025 2024 Paents to trustees for add6b'¢y)d seNces ed io the project by agreement. Number of Intslees We pawj expgr S STAFF COSTS )25 2024 Sal¥ies, social secwity costs pensi¢ 23.209 23.209 17.968 17.968 Average number d slaff Thore were employves wlx) Feceived ktslenhunwffrts (exdudiThJ eMprpenSx.ecis1s) of mce Ihan £80,0 (2024- NCrf). 6 TAXATION As a regislered charity. IAary¥ale Commurmty FW is exempt Ircm lax on its" Irme and gain5 the extent that are sple lo Is (awitablg (l1.1¥e5. 14) liabllity to irome or corixY&'on tax has arisen. Page 12
MARYVALE COMMUNITY PROJECT Istered cha and a com an limited b uarantg NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 7 TANGIBLE FIXED ASSETS Fixtu Office & frtb.ngs equipm'nt Total 2025 2024 COST As at 1 November JJ24 Additions Disposals As al 31 October 2025 4.784 4,784 4,784 4. 784 DEPRECIATION As al 1 Novefflber 2024 Charge for the year Eliminated on disp¢)sal As al 31 October 2025 3.038 77 1,077 4.115 4.olfj 99 3,115 4.198 4.115 NET BOOK VALUES As al 31 October 2025 570 16 As al 31 October 2024 647 22 669 8 DEBTORS ReSIrted Urrtslrtct Funds *d Funds Total 2025 2024 Grft recoverable PrepayTrents 668 638 9 CREDITORS. Amounts falling du• withln one year RestrKled Urnestrrcl FurKtS -ed Funds Total 2025 2024 Acry3 and deferred income Other loans 5.176 5.176 4.516 2,500 S.176 5.176 7.016 10 CREDITORS- Amounts f•lling due aftor more than ono y• Reslrrcted Unrest1 Fund5 -ed Funds Tolal 2025 2024 Other loans Py13
MARYVALE COMMUNITY PROJECT istered chari and a ¢om limited b uarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 ReSted Unreslrict Funds -ed FUrS 11 ACCUMULATED FUNOS Total 2025 Balance brought fopxard at 1 November 2024 Net movement in funds for the year 8alance carried forward at 31 Octob&" 2025 15.178 15.178 114.348) (14.348) 830 12 ANALYSIS OF NET ASSErs BETWEEN FUNDS Total 2025 FuThJs -ed Funds Tangible fixed assets Nel Djrrenl assets Creilitors falling due after mtre than 1 586 244 244 830 830 13 RELATED PARTY TRANSACTIONS Father Hudson's Care- a fouJKJer member of the Chari During the year, this related party once again donated ser lo Ihe value Of £3,5cl2o24- £3.5001.. Our Lad ofth• Assum ion PaTi5h- a fouth memb r of the Char DurirKJ the , Ihls rdaled paty donated seThvs lo the Ye of£3.CK)0 {2024- £Nil). 14 LIMFfED BY GUARANTEE The Company is limited by guaranlee. and as such ha5 share capital. The lbilIty of members Is limrted lo a sum not exce8ding £10 each, beiThJ Ihe amount that each member undertakes lo contribute to the as5els of Ihe eharitai4e company in the event of it beiThJ *Y>urMI w during their membership, or within one year after they have ceased to be a member for:_ (il payrnent of the charts14e companrfs ¢Jebts and lialItieS inced before Itr membership ceased,. (ill paent of the costs. charges and expenses of vthnding vp.. {iii) the adjustment of the nghts of contritMJtrY$ amongst themselves. Page 14