IiEGISTERED COMPANY NUMBEIL. 07646675 (England and Wales) REGISTERED CHARITY NUMBER: 1153298 Report of the Thistees and Unaudlted Flnandal Ststsm¢nts for the Year Ended 31 May 2024 for Mike It Sustaln4ble Ltd Dalton Pardoe I,Imlled Chartered Accountants 794 High Street Kin8swinford West Mldlands DY6 8BQ
Make It SUstahbkn Ltd Contents of the FIDancI Ststements ror the Year Eud¢d 31'm 2024 Report of the Tntytees I to 5 Indepeodent Examlnevs Report stst¢ment of futhnelal A¢dvlde4 BalaDCO Sheet 8 to 9 Notes to th¢ Flnau¢lal Ststements io to 17 Detsljed Ststement ofRDanehl Adfvltles 18 to 19
Makt It Sustathlble Ltd Report of the Trustees for th¢ Year Ended 31 May 2024 The trus¢ees who are also directors of the charity for the purposes of the Companies Act 2006, present their retN)rt with the financial statements of the charity for the year ended 31 May 2024. The tTuslees have adopied the provisions of Accounting and Reporting by Charities: Ststement of Recommeniled Praciice applicable to ¢haTities preparfftng their a¢Unts in accordance '1th the Financial Reportin£ Standard applicable in the UK and Republic of Ireland {FRS 102) (effe£tive I January 2019). OWEcfivES AND ACTIVITIES . Objects The objects for whi¢h the company is established may be summarised 05 follows: To promole sustainable development for ihe benefit of the public by: - The pSerValI0n. conservation and the proieaton of the environment and the prndent use of resourc The relief of poverty and the improvement of the condiiions of life in socially end economically disadvantaged communities. -The promotion ofsuthinable means of hleVIng economio 8rowth and regeneration. To advance the education of the publio in subjects relating lo suslainable development and the protectio enhancement and rehabilitation of ihe economy and the environment. To advance the education of ihe publi¢ in the sJJbje¢t of history. art and. architecture through the study of historic buildings and their surroundings. past economi¢ ndItionS etc. To promote for the benefit of the inhabitants of Birningh and the Midlands the provision of f11111c5 for recreation emph&sising traditional hand-skills for individua15 who have need of such facilities regardless of their ag< infirmity or disablement oreconomic or social situation. The relief of unemploymenL Page I
Make It Sustsinable Lid Report of the Trustees forth¢ Year Ended 31 May 2024 01vEs AND ACTIVITIES Means of attaining the above objetts We seek to prolec( enhance and rehabiliwe dIsapring IIKal skills and the environment through ihe provision and management of Iow-c05t Space which we are aiming lo make Iow-carbon. Many local designer-m8keTS and arti#s stsrting up in busine work in ways which demonyrate traditional wothanship develo¥xd for a contempordry contexL We aim to accommod busine& providing alternativcs to Ma$frprTrJ dIsSable and short-life items imported long diste5. As the plenetary crisis deepens and people to (IM)ctt l¢xal highquality. durabl4 reusable, repairabk item5: Ive envisage demand increasing for the thills Ltsed io make them. and aim to ensurc The Old Print Works be a place where 5u¢h ski115 can be demon&Trtrd learned and shared. Hand skills and making are an impmlrtant of educati(AL de¥el(ynent and lifL that are often ovulooked in our mas>prithced modern society, and our aim is to keep making and 5ki115 alive and to interest more people in growing in knowledge and dexterlty to achieve the rewarding pm0111 of h8n(hna(k. beawiful and durable object& We are preserving and restoring our heritsge bjilding and are cornmitted to its herilage value. We seek to use long-lasling repair methijds and trade skills io achieve high quality resul wviding a visible demonstrdior of Susthinable lo11..51 retrofitted eco-1mpr0vemen especially rel¢vant in a o)St-of-living crisi& We io celebrdte the beauty and usability of the oliL working it into new design% systems arml lljese methods may in¢lude innovative approaches to sustsinable enew infrdstr We will develop oppoikniiies to explore the buildings hislory. in wticular de[ing the historical development of printing and other skilled activitiC5 ivhich have ¢onthlJud to the building's histi as well Ls impacting the historv or producion and morketing in the UK. We provide communal space in which community members can come together to leam. share. exhibii tell their 510ry: inviie collaboration and commeni. see altern1ve approath ry new thin8& 8& inpui and De, perspeclives on ideas and proposals. We will Organise and seek io encourage events and exhibits that challenge people's thinking and draw attention to urgent environmental matter& as ii'ell as displays thai link the history of everything that goes on and has gone on * The Old Print Works to pre5enl approachc5 and fulure 5US*inable development needk We aim to provide a variety of events that aitract mle who may not otheThvise Come to the building bringing logdher people from different background& irnditiorts and giving opp(rtunity for leaming fn)m each other. We are fowider members of the mini-festival Balsall Heath Second Salurday, womoting u2ltUJ31 enrichment for all ivho come alon& Throughout the year we kw in mind the ChaTity Commis5ion'5 guith¢c on public benefit in planning our activities. Page 2
Make It Sustglnable IAd Rèport of the Trustees forth¢ Y¢ar Ended 31 May 2024 OWECTIVES AND ACTMTILS Aehievement4 Performance and Futsre Plans Revfi¢w of the Year To Pll0te sustalnabk developmen - We created some new befrfriendly Plante in our Courtyard and in froni of ow buildin& . Fruii and Nul Village coniinued io use space at The Old Print Works for propalOn of trffs and shnth to plant in Balsall Heath and provide }bleS th¢ public. . We Continued lo run Ryircafé through a gr(ll of volunteer& To advanee the education of the publi¢= - We have continued io nr4 through volunteas. the weekly T• daytime and monthly T• evening in-person ' community textile sessions textiles Sessio in the le11¢5 sp - Other providths in the building have continued to run Claws - sewin& F#)ttery. metal embossin& soundbath woodcarvin& youth arts floral arrangemcnL bicycle )lIr, liltiOal phOtoY and darkroom skill& - We have ¢Onlinu1 io las sessions and an and ¢r4ft workshops for free for the community at our monthly Balsall Heaih Second SUrdaY festiv% resulting in many pyle attermjing these who would otherwise Struggle lo cultural enrichmenL The relief of unemploymenl: - The Old Print Works coniinues proi'ide affordable units for local aeative Indepdents 8nd maker& and they thrive through ihe connethions mad¢ - The Transfff Qowworking spgc¢ continues to provide a l(xion for lod seeking affordable desk SPaLA helping with networking and collaborative opportsinitie - For new and emerging businesses we conlinue to offer a roauced rental package for a few months to help thern in their siart-up phc. We are also able io provide 5hort-lem] r¢du¢lions of reni for anyone experiencing 5hort-term hardship. - Individuals who art self-emploved or starting up can book to e our textiles space ijn an ad imsis. so they can use OUT sewing {domeqi¢ or industrial) machines our otktt resources to work on their 01 wotL to funher their businesses or for iheir own enjoymeni. The industrial machines wticular]y help sclf-ernploycd pPIe or small start-up& To promote ¢Dyg¢mtnt in th¢ grtL' . We held Open Studios ts the public to view what goe5 on a( OPW and ayge with I1 artists who can use the weekends to sell their works. We continued to coordinate our local monthly min1.feIva1. Balsall Heath Seeond Saturday. after ihe end of the Cullurnl. Action Zone granL Despite an initial dip in activiiies and atndancq due to having little fimdin& we man8ged to grow the event again during this year through low40# and volunw &tivitie& We are seeking fiuyjing expand this festival. - We again hosled a local universiry's finaj-year applied theatre students for rehearsals and perforn]ances for their final pieces, with the public able to anend their perfornianc for frce. This has t¢ome a popular event over the years with friends and f8mity of the students attending along with local pwle and those in the theatre inthw. - We continued to host exhibiiions and events by extemal artists and wisation& . We welcorned Muzikstan back kn The Old Print Works afiff a numberofyeaT5 away. To provhl¢ facllitles for r¢treation and tommuttlty usr. - We continued to hoA I(al groups and ai¢r&d more kxopk through our improved facilitie& . Balsall Heath Second Sawrday is wpular with families and Oth local people looking for Iow-COSt crethive and fun ¢livities. - We continue io host some large events c*casionally. - We We success] in receiving funding to ilDprove navigalion arou1 the buildin Page 3
Make It Sustsinabk Ltd Report of the Tru5tee5 forthe Yr EDd¢d 31 May 2024 OWEcfivES AND A1VITIEs Futhre P]4tt5 We continue lo look inio i%?vs ive might purchase our buildin& which would re5uIi in loiver Costs each month ihan our curTent expensive lease. We received a consideTabk gmil io help with thi& but are 51111 negoti1n8 with the owners. Ivith the savings we make by building the buildin& we could plan a much more comprehensive community engagemenl programme. When capacity allows. we will seek more grant funding to enable us to PD)gramme moff activitie& FINANCIAL REVIEW Flnanclal p05itlon This year has seen a good level of rebuilding of our ser4i¢es and anendan¢e after a huge reduciion durin8 and afier ihe Covid-19 pondemic. Our business model and in wm our tharitsble oui¢omes have Conlinued to grow over this )'¢ar. stren8th¢nin8 our outlook. R¢serves policy We hold in the restricted account funds needed to repay all depx75its held by MIS from Studio Partners. Our reseNes are growing slowly and our risks have already decre# suiLstsntially thrw8h works Catried out. We continue to set &sid¢ funds each month for specilic financial risks or known investments iyill required in fuiure. GolDg eonetrn Havlng reviewed the filling lo the charity iogdher with the ex&ed fUre donations and ihe charity's future projected cash flow4 the trus*es hav¢ a reasonable eXplOn that the tharity has adequ&e resources lo continue its activities for the foreseeable fvture and have faith thcr¢ are no material wicerteiniies over its fuwicial viability. Accordingly, the tnsiee5 continue to adopt the going concern b&sis in prep8rin8 the financial Satement& STRUCTURL GOVERNANCE AND MANAGEMENT Governlng do¢um¢nt The charity is controlled by its govcrnin8 documcnL c4)mpany m¢MnduM and articles dated 25ih May 2011 as amended by s181 resolution registered d Companies House ded Sih August 2013. REFERENCE AND ADMINISTRATIVE DETAILS Registered Compny numb¢r 07646675 (England and Waks) Regtstered Charlty number 1153298 Reglstered office The Old Print Works 506 Moseley Road Balsall Heath Birningham B129AH
Make It Slltslnknle Ltd Report of the Ttt$ for th¢ Y¢4r Ended 31 May 2024 Trustees D E F Bunvood .Mrs J M Grnwood l R Greenw'ood Ms H C Greenwood (Tesigned 30.9.24) J M Islam Dr A Naudin (resigned 22.10.24) A B K Adekunle Mrs R Small (resigned 22.10.24) Miss P Bradley {apw)inied 4.12.23) Miss S Pa*1 (appointed 4.1223) D Bailey (appoinied 4.12.23) L rs F Chaudhry (appoinied17.6.24) Independent Examiner Dalton Pardoe Limited Chartered Accountants 794 High Street KingS.1nf0rd we Midlands DY6 8BQ This reN)rt has been prepared in XCOTdanL% wilh Ihe special provislTh)s of Part IS of the Companies Ath 2006 rel7n8 to small companies. Approved by order of the trfwd of $(ee$ on ... . and signed on its behalf by: D E F Bwwood. TrusRe
Independent Examiner's Report to the Trustees of Make It Su$tslngble Ltd Independent examiner'$ report to the tntstees of Make It Sustalnable Ltd ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 224. ReSPODslblllties and basi5 of report As the ¢harity'S tswiees of the Company (and also its directors for the pury)t)ses of ¢ompan} law) vou are responsibl¢ for the pr¢p8ration of the 8ccounts in accordance with ihe requirements of the Comp1¢5 Ath 2006 ('Ihe 20(i6 Act.). Having satisfied myself th¢ accounts of th¢ Company ar¢ not Tequired io be audited under Part 16 of the 20¢)6 Act and are eligible for independent examinatio I report in respect of my examination of your charity's &ccounts a5 carried out under Sectlon 145 ofthe Charilie5 Acl 2011 {'Ihe 2011 Acl,). In Currying oul my examination I have followed the DITe¢tions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. IndepeDd¢nt examiner's $tst¢meDt Since vour charitv's gross income exceeded £250.000 your examiner must be a member of a listed body. l ¢an' ¢onfirni thal I am qualified to undertake the examinaiion because l am a member of ihe Insiitule of Chartered Accountants in England and Wale5. whlch is one of ihe listed bodies. I have completed my examination. I confirnj that no matters have to my an¢ntion in Connection with th¢ examination giving me cause lo beli¢ve: accounting records ivere nol kept in respect of the Company required by Section 386 of Ihe 2006 Act. or Ihe accounts do not accord with thos¢ records; or the Kcounts do not comply with the accounting requirements of Section 396 of the 2006 A¢1 oiher than any requirement that the accounts give a true and fair view which.is not a rnatter considered a5 part of an independeni examination; or the accounts have not been prepared in accordance with the methods, and prlnciples of the Stalemenl of Recommended Pra¢li¢¢ for untIng and r¢poning by charities (applicable to charities preparing their accounis in ardance ii'iih ih¢ Financial Reporting Standard applicable in the iiK and Republic of Iland (FRS 102)). I have no concerns and have come ro$S no other matters in connection with the exominaiion to which attention should be drawn in this report in order lo enable a prop¢r und¢rslanding of Ihe acwunts lo be rChed. Colin Dalton FCA The Inslilute of Chartered Accountants in England end Wol¢s Dalton Pardoe Limited Chartered Accounlanls 794 High Street Kingswinford West Midlands DY6 8BQ Page 6
Make It Sustalnable Ltd Statemtnt of FIDAnclal Aetivities for the Y¢ir Eoded 31 May 2024 31.5.24 Totsl runds 31.5.23 Total Unrcstricted funds Resiri¢t¢d fimds Notes INCOME AND ENDOWIVIENTS FROM Donations and Grdnts 232 68,792 69,044 21,536 ChArltsble a¢ilvldes Incorn¢ I23 266,423 229290 Totsl 26&67S 68,792 33S467 250,826 EXPENDITURE ON Charltsblt actlvlll¢s - Expendilure 242,963 3iJ39 294J02 215,105 NET INCOME 23,712 17h53 41,165 35.721 RECONCILIATION OF FUNDS Total fitnds brought forward {131J66) 1¢781 (114785) {150J06) TOTAL FUNDS CARRIED FORWARD (107W4) 34234 (73ffj20) <114,785) The no*S fomi part of these financi statements P8ge 7
Make It Suslalnable Ltd Balance Sheet . 31 May 2024 313.24 Totsl funds 31.i.23 Total funds Unrestricted funds Res¢ried funds Note5 FIXED ASSETS Tangible assets 11&593 118A93 120.084 CURRENT ASSETS Debtors Ch at bank 25058 67,666 19JOO 14,934 14,759 82.369 93224 34234 127.458 97,128 CREDITORS Amounts falling due within one year io (37,176) (37.176) (37.4821 NET CURRENf ASSETS 34J34 i9,646 TOTAL ASSETS LESS CURRENT LIABILITIES 174ffj41 34234 20&875 179,730 CREDITORS Amounts falling due after more than one year li (282895) (282N95) . (294,515) NET ASSETS (107054) 34334 {73ffj20) (114,785) FUNDS Unrestricted fimds: Genetal fund Restric*d funds: Cultura] Action Zone Creative Cities Grdnt Sevem Trent Community Fund Reach Fund Trafalgar Road Plan Bee COF Support Shared Prosperity. Fund AHF Development 14 (107054) (131.566) 989 5.640 182 9,880 90 5,143 182 5.91)9 3J42 19JOO 34334 16,781 TOTAL FUNDS {73,620) (114.785) The charitable company is entitled to exemption from audit under Seciion 477 of the Companies Ath 2006 for the year endcd 31 May 2024. The members have not required tFie rnpany to obtain an audit of its financial sthtements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006. The notes fonn part of these financial sthtements Page 8 coniinued...
31 May 2024 The IruS$ knOwledge their responsibilities for (a) ensuring that the charitable cornpany keep5 )Unting reiwds c4)mply with Sections 386 4nd 387 of the Companies Act 2006 and preparing financial swernents which give a In and fair view of thc slate of affoirn of the ¢haritable c(vnpany as at the end of each financial year and of its surplus or deficit for eath financial year in accor with the requirements of Sethions 394 and 395 and which other+vise mplY WILI the requirements of ihc Cornpanies Act 2(h)6 relating to financial Statemen so faras applicable to the charitable comwiy. (b) These financial swements have been prepgffd in )rdance with the provisions applicable io charithble companies subjec¢ to the small companies regime. The financial stalemen¢s were approved by the Board of Tn and authorised for issue on ... .. ..... nd w¢re signed on its behalf by: D E F Burwood - Trus The notes forni part of these fmncial swemen
Make It SustAhble Ltd Notes to the Flnandal Statements for the Y¢ar End¢d 31 May 2024 ACCOUNTING POLICIES BASIS of preparlng the fiDaDdal ststemtnts The rtnancial stalernents of the chaTilablc companv, which is a public benefit entity under FRS 102. have been prepared in accordence the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charilies: Stalemeni of Recommended Practice applicable to chariiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aTid Republic of Ireland (FRS 102) (effethive l January 2019),, Financial Reportin8 gAarthrd 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and Ihc Companies Aci 2006. The financial sthments have been prepared under the hislorical convention. Ineome All income is.r¢co8nised in the sthiement of Financial Activities once the charity h&s entitlement to the fund& it is ptbbable that thé income will rec¢ived and the amount can be mewred reliabl>'. Expenditurn Liabilities a recognised as expeN1itu OS scth &% there is a legal or C(m1Ve obligation committing the charity to thai.expenditure, li is probable that a transfer of CmI¢ benefits will k required in klemen[ and the amount of the obli88tion can be mosured reliably. Expenditure is cOunted for on an arxruals basis and has been classified under headings that a88regate all cosl related to the egOry. Where costs cannth be dillY attributed io pgrticular headings they have been allocaied io activilies on a basis consistenl with Ihe use of resou¢% Tangible fixed assets Depreciation is pmided & the followin8 anft rntrs in order write off eath asset over itsesiim¢d usefvl life. Improvements to propety Fixture5 and f)ttin85 2%onco 25% on $1 ToxAtlon The tharity is exempt from ¢otyoralion lax Lm ils Charlb]e livI1•e& Fund accoundng Unrestricted can be.used in accordan with the tharitsble objectives the discretion of the tnwees. Restriaed fimds can only be used for particular restric*d PWFK)sts within the objects of the Charity. Re5triclions arise kn specified by the donor Wh fuNts a raised for particular restrided purpos F.urther expl&rlOn of the nature aThl Purpose ofexh fimd is included in the no to the financial sement& Golng toneern The charity had nc8ative fund5 ai the hIae sheet d¢ of £73,854 (£114,785 . 2023). It is noted that Witho t ongoing financial supp(xt of the trugees the charity could function. Further infornwtion relating 10 loans received from the tru5tee5 is given in ne 15 to the account& Page 10 continued...
Mak¢ It Sustsimble Ltd Notrs to the Fuwiclal Ststements- eontinued for tbe YeAr Ended 31 May 2024 INCOME FROM CHARITABLE AcfiviTIFS 31A24 31.523 Activiry - Income - Income . Income . Incomc - Income . ILne Unit renlal Utililies and services inC(e Events income Membership Makers spaces Other InMe 153,190 76ffj11 19847 141727 57,671 14247 12J64 1.131 . 266A23 229.2 CHARITABLE ACTtVlTIES cosrs Direci . Costs (see note 4) Support Totals - Expendilure 293.6f 294J02 DIREcf COSTS OF CHARITABLE AcfIviTIES 31A24 31.5.23 Rent Repair5 and MaIne Heat and light Insurance Raies Cleaning and refuse Office and athninislration Depreciation Freelance contractors costs Markaing Computer and iniernel Event expenditure Professional fees Health and safety Workshop fS and materials Govemance Volunteer expenses Jnteresi payable and similar charge5 85.0(Kl 11686 40.441 14.974 7215 7,431 1.800 1.491 27,987 51.416 59361 17028 7.181 IA3J 1.491 405 4,478 57 10ffj60 1328 921 lJ20 1,867 7,975 138 293ffj06 214.445 Pagell continued...
Make It Sustaimble Ltd Notss to th¢ Flnan¢lal Ststem¢nts- eonthiued for the Ye#r Ended 31 May 2024 NET INCOMEI(EXPENDITURE) Nct incomd(cxpenditure) 15 5ts1ed after charginty(crediting): 31.&24 31.5.23 Deprec110n. owned asses Independent examiners fee IA91 696 1,491 660 TRUSTEES, REMVNERATION AND BENEFITS There were no trusiees remunernlion or other'benefits for the yeBr ¢nd¢d 31 May 2024 nor for the year ended 31 May 2023. Truste, expenses The following 8mowits were paid during the ye4r if> tru51ees foradministraliv¢ work carried oul: Ms H C Greenwood £15,206 (2023 . £12,560) Mrs J M Greenwood £Nil { 2023 . £2,590) COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted Restricted funds Totsl funds INCOME AND ENDOWMENTS FROM Donatlons end Grants 172 21.364 ?1.536 Cbarltsble a¢tlvltles - Income 229,140 229.290 Totsl 229,312 21,514 250,826 EXPENDITURE ON Charltable Actfvltles - Expenditure 202,307 12.798 215.105 NET INCOME 27,005 8,716 35,721 RECONCILIATION OF FUNDS Total funds brought fonvard (15&571) 8,065 (150,506) TOTAL FUNDS CARRIED FORWARD (131,566) 16,781 (114,785) Page 12 continued...
Make It Sustslnable Ltd Not to the FlnAnelal Statements- continued ror the Year Ended 31 May 2024 TANCIBLE FIXED A&SETS Improvements Fixtures Long leasehold fillings Totsls COST At l June 2023 and 31 May 2024 5&483 744 2,163 132200 DEPRECIATION At l June 2023 Charge for year 9,954 IA91 2.162 12.116 1391 At 31 May 2024 lih45 2,162 13.607 NET BOOK VALUE At 31 May 2024 63,109 118J93 At 31 May 2023 55,483 64,600 120,084 DEwfoRS: AMOUNTS FALLING DUE THIN ONE YEAR 31324 31.5.23 Trade debiors 14,759 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31324 31.5.23 B8nk loans and overdrafts (see no 12) Other loans (see note 12) Trnde Creditors Other creditOTS Accruals and deferred income 7,136 4800 IOJ71 13973 696 7,136 4,800 13,064 11.822 37,176 37.482 Page 13 continued...
Make It Sustainable Ltd Notes to the Flttanti81 Ststemellts- wDtinued for the Year Ended 31 May 2024 li. CREDITORS: AMOUNTS FALLINC DUE AFTER MORE THAN ONE YEAR 31.&24 31.5.23 Bank loans (see note 12) Oth¢r loan5 (5¢e note 12) 10,763 271,732 17,983 276,532 282,495 294,515 12. LOANS An analysis of the maturity of loans is given below: 31.5.24 Amounts falling due within one year on demand: Bank loans Other loans 7,136 7,li6 4.800 11.936 Amounts falling betlveen one and Thvo years: Bank loans- 1-2 years Other loan5- 1-2 yeaTS 7,136 401)0 7,136 4,800 11936 11,936 Amounts falling due between two and five years: Bank loans- 2-5 years Other loans- 2-5 years 3.627 14,100 10,847 14.400 17,727 25247 Am"ounts falling due in more than five yea5.. Repayable by insfalments: Other loans MO 5yrs ins1 252,832 2)7.332 13. LEASING AGREEMENTS Minimum lease paeD¢S under non-cancellable operdiing leases f811 due as follows: 313.24 31.5.23 In more than five years 85,000 85,000 The company a8reed a new 35 year lease relating to the company premises with effect from 221912020 Pag¢ 14. coniinued...
Make It Sustalngble Ltd Notes to the FinaDclal Ststem¢nts- ¢ontlnued for the Year Ended 31 May 2024 14. MOVEMENT IN FUNDS movement in fimds A¢ 31.5.24 Ai 1.6.23 UDreStriet funds Generdl fimd (131,566) 23.712 {107J54) Restrteted funds Cultural Athlon Zone cr1ve Cities Grant . Severn Trent Community Fund Reach Fund Trafalgar Road Plan Bee COF Support Shared Prosperiry Fund AHF Development {721) {497) S143 182 182 (9080) 90 3J42 19JOO 3J42 19JOO IA781 17,453 34234 TOTAL FUNDS (114,785) 41,165 (73ffj20) Net inovement in included in the above are &s follows: Incoming resources Resources expended . Movement in funds Unrestricted fuDd5 Generdl fund 266ffj75 (242963) 23,712 Restrieted funds Cultural Aaion Zone Creative Cities Grant Reach Fund COF Support Shared Prosperity Fund F Development (721) (497) {9080) (3383) (36258) (700) (721) (497) (9WO) S909 3J42 19JOO 9.192 39ffj00 20,000 6&792 (51J39) 17A53 TOTAL FUNDS 335067 (294J02) 41.165 Pa8e1S continued...
Make It Sustainable Ltd Notes to the finon¢i41 Ststements- continued ror the Year Ended 31 May 2024 14. MOVEMENT IN FUNDS- contillued Comparattves for D)ovement in fund$ Net moiiemeni in fimds Ai At 1.6.22 Unrestrlcted funds Generdl fund (158,571) 27,005 (131,566) Restricted funds Culturdl Aciion Zone Creative Cities Grdnt Sevem Trent Community Fund Reach Fund Trdfalgar Road Plan Bee 1.188 5,877 (199) (237) (818) 9.880 989 5,640 18? 9,880 90 8,065 8,716 16.781 TOTAL FUNDS (150.506) 35,721 1114,785) Comparative net movement in fund4 included in the above a5 follows: Incoming resources Resources expended Movement in funds Unrestrieted funds Gentrai fimd 229,312 {202J07) ?7,005 Restricted funds Culthra] Athlon Zone Creative Citie5 Grant Severn Trent Community Fund Financial Capitsl Pilot Reach Fund Trafa]gar Road Plan Bee 1,899 8.985 12,098) (9,222) (818) (600) (199) (237) (818) 600 9,880 150 9,880 (60) 21,514 {12,798) &716 TOTAL FUNDS 250,826 (215.105) Page 16 continued...
Make It Sustthable Ltd Notts to the Stat¢m¢Dts- eontlnued for the Year Ended 31 May 2024 Is. RELATED PARTY DISCLOSiJRFS Included within Other Loans are the following loar6 from trdkn" Creditors: amounts falling d within one year. l R Greenwood £4,81M3 Creditors: amounts falling aftff MO th8n oneyear. l R Grefflwocxl £271.731 Mr l R Greenwood h&% awd not to piiisue tepayrn.ent of £234273 of the above loans iKfore the chlS Cash flow . perniits. Loan repayments of £iIXI.per month have been ecd on the smaller loan and £300 per.month on the building depsit Io&L The loans interest free other than the building dwit loan of £50,000 which.wa$ advanced in Seplernber 2020. an inteze& r&* of25% has been a1. Py17
Make It Sustalnable Ltd . Detalled Statement of Flnanclal Aettvltles for the Year Ended 31 May 2024 31.524 Totsl funds 31.5.23 Total funds Unrestricted Restricted funds funds INCOME.AND ENDOWMENTS DooadoDs and Grants Donations Grnnis 249 249 68,795 171 21.365 252 69,044 21,536 Cbaritable Activities Unit rental Utilities and services income Events income Membership Makers spaces Other income 153,190 76,611 19,447 1S540 1,131 153,190 7A611 19,447 IS540 1,131 504 142.7?7 57.671 14,?47 12,i64 26&423 266.423 229.290 Totsl Ineomlng resource5 26Q675 68,792 335,467 2iO,826 EXPENDuRE Charitabl¢ Aetlvities Rent Repairs and maintenance Heat and light Insurance Rates Cleaning and refuse 01CC and administration ' Depreciation Freelance contractor5 costs Marketing Compuler and internet Eveni expenditure ProfeI0nal fees Health and safety Workshop fees and materials Goiiernance Volunteer expenses Bank interest 85.000 18.913 59A61 17828 7,181 9025 1831 1,491 33,090 405 85,000 51,416 59A61 17028 7,181 9095 1,43 1,491 40,480 85.000 1?.686 40,441 14,974 7.215 7,431 1.800 1,491 27,987 849 4,478 113 1,867 32J13 70 7J90 4,044 57 10ffj60 1,228 921 lJ20 57 10ffj55 1328 200 lJ20 721 7.975 744 744 li8 242367 51J39 293.606 214.445 ' Thi5 page does not fonn part of the sialulory financial *atemenis Page 18
Make It SustslDable Ltd Detsiled Ststement of Fin8nell Aetfvities for the Yer Ended 31 May 2024 31.5.24 Totsl funds 31.5.23 Total funds Unrestrlcted Restricted fjjnds fiinds Support ¢osts Cov¢rnance eosts Independent examiners fee 696 660 Totsi resources expended 242963 51W9 294J02 215,105 Net IDeome 23,712 17h53 41.165 35.721 This page does not fom part of the statutory financial st&tements Page 19