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← Firvale Community Hub

2024-03-31-accounts

Firvale Community Hub

(Registered Charity Number 115214 21) (Company Ltd by Guarantee Number 08409928) FINANCIAL STATEMENTS

for the year ended 31 March 2024

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|||| |---|---|---| |Contents|Page| |Legal|Information|2| |Trustees’|report|3| |Examiner's|report|5| |Balance sheet|6| |Statement of financial activities|7| |Notes|to the accounts|8-10|

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Firvale Community Hub Legal Information

for the year ended 31 March 2024

Previously known as Pakistan Advice and Community Association, Fir Vale

Directors

Mr Mohammed Iqbal Khan Chair Mr Muzaffar Hussain Treasurer Mr Mazefer Khan Hussain Secretary Mr Said Afzal Khan Ms Samina Bibi Ms Nabila Razzak Poonu Khan

Registered Charity number 1152121

Company Ltd by Guarantee number 08409928

Principal Address 127 Page Hall Road Sheffield S4 8GU

Bank Natwest Bank 42 High Street Sheffield S1 2GE

Independent Examiner P Simpson ACA White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL

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TA
Firvale Community Hub
Trustees Annual Report
for the year ended 31 March 2024
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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Trustees'|report| |The|Trustees|present|their annual|report and|financial statements|for the year ended 31|March 2024| |which|are also prepared|to meet the requirements|for a|directors’ report and accounts|for Companies Act| |Purposes| |The|financial|statements compy with the|Charities Act 2011,|the Companies Act 2006,|the| |Memorandum and Articles|of Association,|and Accounting and Reporting|by Charities.| |Statement|of Recommended Practice applicable to charities preparing their accounts| |in|accordance|with|the|Financial|Reporting|Standards|for Smaller|Entities.| |Governing|Document| |Firvale Community Hub (Company number 08409928) was incorporated on 19th February 2013 and its| |Memorandum|and Articles|of Association govern|it|Its|legal|status|is|that of|a company limited by| |guarantee and a registered charity (Charity number 1152121).|It has no share capital and the liability of| |each member|in the event|of winding-up|is|limited|to £1.|Overall management|of the|Charity|is the| |responsibility|of the trustee|directors who|are elected and co-opted|under the terms|of the memorandum| |and|articles of association.|Day to day project activity|is|carried|out by paid|staff and|volunteers.| |Aims and|Objectives| |The objects|of the Charity (‘the|Objects’) are to relieve|poverty and advance education and training| |amongst|the|inhabitants|of the Area|of Benefit by providing|advice,|information|and assistance|in|relation| |to the|provision and effect of English law which they would|otherwise|not be|able|to access through|lack| |of means,|and providing|facilities|for the|relief of unemployment|in the particular through|the| |advancement|of education|and|training,|and|providing|facilities|in the|interests|of social welfare|for| |recreation|or other leisure|lime|occupation|of individuals|in the area|of benefit who have need|of such| |facilities|by reason|of their|youth,|age,|infirmity or disability,|financial|hardship or|social circumstances| |with|the|object of improving|the|conditions|of|life.| |Key|Activities/ Achievements|

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Firvale Community Hub is committed to improving social equalities and inclusion for communities experiencing disenfranchisement and marginalisation in Sheffield. FCH empowers groups and individuais to find their voice and find leadership, to influence and inform a more inclusive society, through targeted and deeply personalised education and confidence based projects A key civil society innovator in Sheffield. FCH works in partnership, in leadership, and alongside local agencies, leading development strategy and implementing pioneering methodology in the projects we deliver in our lively community hub. FCH is the proud winner of numerous awards over the years including multiple Burngreave Area Panel awards, the Sheffield City Council Recognition Award (Lord Mayors award) and Community Achievement Award. Most recently, FCH has been recognised with a Collaboration and Partnership Working award by Sheffield City Council in recognition for impact during Covid In 2023 FCH was certified Disability Confident Committed. We retained our certifications with the Advice Quality Standard, Matnx Standard and Office for Immigration Services Commissioner In 2024 FCH was recognised in partnership with Weston Park Cancer Chanity to bring cancer support services in local communities.

Our community space for hire is bringing in increased revenue from partners and we have developed our enterprise further by hiring out first floor office space. We have established a number of partnerships which have involved local and national partners. Our work with the NHS is developing into meaningful projects to address health inequalities. We are working closely with key stakeholders such as Sheffield City Council, SHSC, South Yorkshire Police and other voluntary organisations to improve services for the community. National partners are funding us to develop and refurbish the building so that we can increase our use of space and develop further partnerships

Reserves Policy

For the first time the Charity has adequate reserves to cover 6 months of non-avoidable operating costs The Trustees will soon consider a proposed reserves policy based on early repayment of loans and the re-assignment of funds to the delivery of otherwise unfunded welfare provision.

Future Plans

We are working towards renovating the third floor of the building and the outside space to offer more projects and opportunities also to enable the community to hire space for community projects

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Firvale Community Hub

Trustees Annual Report (continued)

Trustees responsibilities for the financial statements

Company and charity law requires the trustees to prepare financial statements for each financial period which show the state of affairs of the charity and of net income or expenditure of the charity for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable the Trustees to prepare financial statements. The Trustees are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

This report was approved by the Trustees on O6/2/4gand is signed on their behalf by:

Mr Mohammed Iqbal Khan Chair

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Firvale Community Hub

Independent Examiner's report on the Accounts of Firvale Community Hub for the year ended 31 March 2024

| report on the accounts of the company for the period ended 31 March 2024, which are set out on pages 6 to 10 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees Consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: Q examine the accounts under section 145 of the 2011 Act;

Q to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and QO to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and @ Comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts belowpresent a ‘true and fair view’ and the report is limited to those matters set out in the statement

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

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"to keep accounting records in accordance with section 386 of the Companies Act 2006; and
' to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principles of
the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met: or
| the(2) toaccounfs which, inTo my opinion,ed.attention should be drawn in order to enable a proper understanding of
Signed:
P Simpson ACA
White Rose Accounting for Charities
The Ghyll
Threapland
Aspatria
CA7 2EL
Date: A i 19 zZs—
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Firvale Community Hub

Balance Sheet as at 31 March 2024

Company number: 08409928 2024 2023
Notes £ £
Fixed assets 175,000 175,000
Current assets
Debtors 170,589 11,525
Balance atbankand cash 231,029 238,757
Totalcurrentassets 401,618 250,282
Creditors: amounts fallingdue
withinoneyear 2 (26,717) (26,687)
Netcurrentassets/(liabilities) 549,901 398,595
Creditors: amounts falling due
afteroneyear (125,459) (151,296)
Total netassets 424,442 247,299
RepresentedBy
Funds
Unrestricted incomefund		 194,950 200,126
Restricted incomefund 229,492 47,173
424,442 247,299

For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities;

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements are approved by the Board on 06| ia ee and signed on its behalf by:

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Mr Muzaffar Hussain
Treasurer
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Firvale Community Hub Statement of Financial Activities for the year ended 31 March 2024

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||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |-|funds|funds|2024|2023| |Notes|£|£|£|£| |Incoming|resources|1| |Grants|3|7,233|639,366|646,599|389,315| |Rental income|38,541|-|38,541|59,247| |Total|Incoming|resources|45,774|639,366|685,140|448,562| |Resources|expended| |Salaries &|NI|4|7,853|178,246|186,099|179,150| |Training|-|1,130|1,130|70| |Utilities|11,795|1,281|13,076|9,538| |Insurance|5,818|593|6,411|5,249| |Telephone,|broadband|&|postage|4,229|303|4,532|3,365| |Printing,|stationery &|publications|1,160|437|1,597|2,877| |Project|costs|3,120|255,282|258,402|167,774| |Computer|software|3,119|-|3,119|=| |Building|costs|and|repairs|1,829|-|1,829|679| |Travel &|transport|100|-|100|-| |Professional|fees|and|consultancy|1,274|13,403|14,677|19,061| |Bank charges|303|-|303|44| |Loan|interest|9,471|-|9,471|9,471| |Independent|examination|880|-|880|850| |Other|-|6,372|6,372|543| |Total|resources|expended|50,950|457,047|507,998|398,670| |Net|(outgoing)/incoming|resources|(5,176)|182,319|177,142|49,892| |Total|funds|brought forward|200,126|47,173|247,299|197,407| |Total funds|carried|forward|194,950|229,492|424,442|247,299|

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Firvale Community Hub Notes to the Accounts for the year ended 31 March 2024

ss

1 Accounting Policies

(a) Basis of preparation

The Financial Statements have been prepared in accordance with the the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS102 (effective from January 2015 and updated with effect from January 2016) - (the Charities SORP (FRS102)), as modified for smaller charities.

The Charity meets the definition of a public benefit entity as defined under FRS102.

(b) Incoming Resources

All material incoming resources have been included on a receivable basis- i.e. they are included if the date receivable falls within the period covered by these accounts.

(c) Resources expended

These have been analysed using a natural classification.

2 Creditors; amounts fallingduewithin oneyear
Theseareexpenses thathave been incurred buthave notbeen billed orpaid for
during the accounting period. Theyare in respect of:
2024 2023
Loan
Independent Examination		 £
25,837
880		 £
25,837
850
26,717 26,687
Creditors; amounts fallingduewithin oneyear 2024 2023
Loan £
125,459		 £
151,296
125,459 151,296

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Notes to the Accounts

for the year ended 31 March 2024

3 Grants

Unrestricted Restricted 2024 2023
Conversation
Club
EDP
Socialinvestment
EN
SocialMobility
JGGraves Charitable Trust
NCS Trust
NHS Firvale Health Plan
NHS Cancer TaskGroup
NHSCovidbooster
NHS PatientAccessCoordinator
NUCommunityAlliance
PCG ResilientCommunities
SACHMA
Sheffield City Council:		 £
-
-
.
-
-
-
-
-
-
-
-
-		 £
-
17,000
-
-
4,238
85,756
525
2,000
30,760
-
:
-		 £
-
17,000
-
-
4,238
85,756
525
2,000
30,760
-
-
-		 £
1,816
8,000
1,375
1,650
.
20,800
-
:
-
7,500
10,000
5,000
AEB
BME Elders
ConnestingCommunities
CostofLiving
ERF
ESFPathways
EUSS
FirvaleSustain
FirvaleNELead
GeneticLiteracyandSupportProject
HAF
Living
WellChampion
LongCovid
Multiply
Smokefree
StaffSalary
SuicidePrevention
SESF
UKSPFCDW
UKSPF
Employmentsupport
WeightManagement
MHCLGCommunityChampions
SheffieldChamberofCommerce
SOAR -MemoryCafé
SOAR- EarlyYears
SOAR -YouthHub
SOAR -HealthChampions
SOAR -MyselfmyCommunity
SOAR
- SocialCafé
SOAR
- VolunteerCoordination
South
YorkshireKey Fund
South
YorkshireCommunityFoundation
South
Yorkshire HousingAssociation
South Yorks Police&Crime Commissioner
Synergy
TalbotTrust
VoluntaryAction Sheffield
Veolia
Youth FuturesFoundation
Donations		 -
234
-
5,000
-
15,000
-
-
-
-
-
31,256
-
20,229
-
127,122
8,550
-
33,550
-
10,273
-
-
-
15,865
-
27,350
-
3,000
.
19,189
-
-
-
:
-
12,042
-
4,056
-
-
-
-
.
-
-
9,383
2,325
-
-
-
3,908
-
-
3,061
-
6,800
-
7,158
-
21,499
-
18,484
-
43,700
:
4,734
-
6,037
-
.
-
25,200
-
13,706
-
6,609
1,000
-
___7.233639,366		 234
8,317
5,000
30,000
15,000
-
-
1,500
-
25,239
31,256
33,353
20,229
26,780
127,122
-
8,550
:
33,550
31,500
10,273
20,448
:
5,000
15,865
-
27,350
:
3,000
:
19,189
11,053
-
2,700
:
30,174
12,042
.
4,056
-
-
600
-
5,000
:
2.474
9,383
10,225
2,325
3,488
-
9,876
3,908
7,815
3,061
14,340
6,800
16,250
7,158
-
21,499
:
18,484
-
43,700
.
4,734
14,587
6,037
.
-
2,500
25,200
17,980
13,706
1,975
6,609
-
1,000
-
~646,599
380.315"

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@ Firvale Community Hub
Notes to the Accounts
for the year ended 31 March 2024
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4 Staff CostsCosts and Numbers
Staff Costs wereCosts werewere as follows,
2024 2023
Wages& NiNi £
186,099		 £
179,150
186,099 179,150
5 Restricted Funds
Awards
forAll
NationwideCommunityGrants
CS Trust
EDP
Socialinvestment
EN
Social Mobility
NHSFirvale
NHS Firvale Health Pian
NHS
Cancer TaskGroup
NHS Covid Booster
NHSPatientAccessCoordinator
NU
CommunityAlliance
PCGResilientCommunities
SACHMA
Sheffield City Council:		 Brought
forward
€
715
606
-
2,801
20
1,430
-
:
:
:
§,833
32
38		 Incoming
resources
£
2
:
4,238
17,000
°
-
85,756
525
2,000
30,760
:
.
-		 Outgoing
resources
£
(715)
(606)
(632)
(19,801)
(20)
(1,430)
(80,517)
(525)
=
:
(4,978)
(32)
(38)		 Carried
forward
€
;
-
3,606
=
:
-
§,239
:
2,000
30,760
855
-
-
, AEB
BMEElders
Connecting Communities
CostofLiving
Firvale Sustain
Firvale
NELead
ERF
ESF
Pathways
Euss
GeneticLiteracyandSupportProject
HAF
LivingWellChampion
Long Covid
MHCLG
CommunityChampions
Multiply
SESF
Smokefree
Staff
Salary
SuicidePrevention
UKSPFCDW
UKSPF
Employmentsupport
SheffieldChamberofCommerce
SOAR
-DementiaCafé
SOAR
-YouthHubs
SOAR
-MyselfmyCommunity
SOAR
- SocialCafé
SOAR
- VolunteerCoordination
South
YorkshireCommunity Foundation
South Yorkshire Key Fund
South
Yorkshire HousingAssociation
South
YorkshirePCC
Sport
England -ThisGirlCan
Synergy
Talbot
Trust
Veolia
Voluntary
ActionSheffield
Youth Futures Foundation		 305
9,963
:
35
:
109
4,507
2,762
3,150
173
39
-
43
-
420
-
1,308
2,700
-
:
95
291
918
2,926
486
-
237
-
-
2,419
261
-
295
:
2,256
:
47,173		 234
5,000
15,000
:
127,122
8,550
:
31,256
20,229
33,550
10,273
:
15,865
:
27,350
-
3,000
19,189
-
12,042
4,056
-
9,383
-
3,061
6,800
7,158
18,484
21,499
43,700
4,734
:
6,037
:
13,706
25,200
6,609
639,366		 (539)
(14,963)
-
(35)
-
(8,550)
(109)
(35,763)
(20,776)
(35,938)
(10,446)
(39)
(12,672)
(43)
(25,096)
(420)
(2,599)
(20,497)
(2,700)
(11,443)
-
(95)
(945)
(918)
(5,987)
(7,286)
(2,818)
(18,721)
(21,499)
(43,700)
(7,153)
(261)
(1,528)
(295)
(11,707)
(15,603)
(6,609)
(457,047)		 :
-
15,000
-
127,122
-
-
-
2,215
762
-
:
3,193
-
2,254
-
401
-
-
599
4,056
-
8,729
-
>
-
4,340
-
:
:
-
-
4,509
-
1,999
11,853
-
229,492

6 Trustees remuneration, benefits and expenses Trustees received no remuneration, benefits or expenses in this period

10