utopia ACCOUNTING Holford Drive Community Sports Hub Limited Financial Statements For the Year Ended 31 January 2025 Company Registration No: 08372141 Registered Charity Number: 1153926 www.utopiaaccounting.co.uk
Holford Drlve Communlty Sports Hub Llmited Contents of the Flnancial Statemènts for the Year Ended 31 January 2025 Page Report of the Tru8te88 1to5 Independent Examiner's Report Statement of Flnanclal Actlvltle8 Balance Sheet Not88 to the Flnanclal Statem8n18 gto12
Holford Drive Community Sports Hub Limited Report of the Trustsès for the Year Ended 31 January 2025 The trustees presenl their report with the financial slatements of the charity for the year ended 31 January 2025. The trustees have adopted the provisions of Accounting and Reportin9 by Charities.. Statement of Recommended Practice appliGable to charities preparing their accounts in accordanc8 wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). OBJECTIVES AND ACTIVITIES Prlnclpal actlvlty and con8titutlon The company 18 reglstered as a charltable company limited by guarant88 and was 8et up by a Memorandum of Assoclatlon on 23 January 2013. The company is con8tituted under a Memorandum of As8oclatlon dated 23 January 2013 and 18 a registered charlty, number 1153926. The princlpal oblecl of the company18 to provlde facllltles for recreatlon or other lelsure tlme for the Inhabitants of Perry Barr, Aston and the surrounding area. Pollcle8 and obJectlve• The objectives of the charlty are.. To promote forthe benefit of the inhabltants of Perry Barr, Aston and the surroundlng area the provlslon offaci111188 for recreation or other leisur8 lime occupations of indlvldualB who have a need of Such faciliti88 by reason of their youth, age, infirmity or disablement, financlal hardship or soclal and economic cir¢um$t8nce8 or for th8 public al large In the int8r8st of social welfar8 and with the object of Improvln9 the condition of Ilfe of the said Inhabitants. To promote communlty participation in healthy recreation by provldlng and promoting facllltles and organi81no actlvltles for the playing of sport. To advance In Ilfe and help young people through: The provision of recreational and lelsure tlm6 actlvltles provlded In the Interest of soclal welfare, de8lgned to improv8 their conditions of lif8. Provldlng support and actlvltl88 whlch develop thelr 8k1118, capacltle8 and capabllltl88 to 8nable them to partlclpate In 80clely a8 mature and re8pon8lble Indlvlduals. Mathod of appolntment or eloctlon of tru•te•• The management of Ihe company18 the respon8lblllty of the trustees who are 818Cted and co-opted under the terms of the Artlcles of As8¢xlatlon. Accordlng to the Artlcles of A880¢1atlon the Ix)ard 8hould comprise of no more than ten nomlnated tru8tee8 of whom.. One may be nomlnated by Bimiingham City Councll One may be nominated by Br08dway Academy Eight may be nominated by the affili8led sports club appolntlng bodles wlth no more than two trustees per 8POrt8 club Two may be nominated by the board to fill any skill gaps One may be nominated by the board lo bring community knowledge Publlc beneflt In Betting objectlve8 and plannlng for activltl88, the tru8tee8 have glven due ¢on8ideration to general guidance publlshed by the Charity Commission relatlng to publlc benefit. Page 1
Holford Drlve Community Sports Hub Limited Report of the Trustees - continued for the Year Ended 31 January 2025 ACHIEVEMENT AND PERFORMANCE Major actlvltles and achlevèments Having taken over the operations of the Hub through the community asset transfer in November 2013 the year to 31 January 2025 was another year of consolidation and development of the facilities. The 8POrts clubs are all very dlfferenl in thelr scale, ambitions and operatlon, perfoming at dlfferent18vels and diff8r8nt 8tage8 of their development. Football Between F8bwary 12024, and January 31 2025, the Holford Drive Community Sports Hub's gra88 Pltches hosted ten football teams. The88 le8ms includ8d'. one team competing at Level 5 of th8 FA pyramid, two teams participatlng in the Christian L8agLse, one college team, one veterans team, four junior teams {U8, Ug, U10 and U11), one s¢hool team, and one youth team. The proposed r8Structuring for the 202412025 season Included the addition of two team8, Wlth 8 Ladles team being one of the options, However, the plan was ultlmately postponed due to the damage sustslned by one of the adult-slzed pllches, by Iha Black Crow8. The Football A880clatlon IFA) 8eason commences In August and conclude8 In May annually. Th8 annual ground malntenanc8 8chedule, encompa88ing 8carification, fertili8ation, 8eeding, and con818t8nt mowing,18 scheduled to commence In June and July. The off-88a8on communlly footb811 tournamént, featuring three African dla8pora8 from Gambla, Cameroon, and Nlgerl8, wa$ succe88fully 8xecut8d wlth a large conling8nl of sp8Ctator8. Communlty, Schoo18, Small-slded and Recreatlonal foolball actlvltle8 are Scheduled to occur on the Muga. Boxlng Aston ABC contlnued to build on la8t year8 8ucce88es, doubllng the number of contest8 from the pr6vlou8 year lo over 200 competltlve conte8t8. The annual dinner 8how wa8 a great success at the Aston Vllla Holte Sulte, along wlth four communlty 8how8 at the Colllngwood Cantré. Aftar a change In Mldland coachlng the FLAG 8quad w88 Put to the side a$ It was felt female boxing Should take place under the Mldland8 8quad banner wilh squad8 continuing at A8ton ABC along with the regular Mldland male squads. Cla88e8 contlnue to grow In number with an Increa88 In coach numbers to cope a8 well a8 a number of Level 1 coaches pa88ing their Level 2 cour8e8. Some of our club boxer8 de8erving a mention are as follow8., Meekhayl Mlr- Senlor Ellte Midlands Flnallst S8tinder Hayer- Senior Elite Mid18nds Finalist Zaynah CasseTly- Youth Open Class National Finalist Isabel Homer, Kushi Singh, Kofi Francis Reid, Coli Smith- Ed Bilbey Box Cup Champlons Kushi Sinoh, Kofi Francis Reid, Clemence Tumba- Development Mldlands Champion Kushi Singh, Kofi Francis Reid - National Development Champions Meekhayl Mir, Kushi Singh- NAGBC Midlands Champions Isabel Hom8r- Women's Winter Box Cup Champlon Page 2
Holford Drive Community Sports Hub Llmitèd Report of the Trusts8s - continued for the Year Ended 31 January 2025 ACHIEVEMENT AND PERFORMANCE- CONTINUED Table Tennls We have grown in membership thls year from 57 in 2024 to 83 In 2025. We have partnered with 8 olher clubs around the Couniry for partn8r8hlps and tours: Fusion TTC Haywards Heath rrc Brighton TTC Tamworth TTC Ev8sham Thc Stratford TTC We have had 2 Social events Ihis year with Fu8lon TTC. We took 40 of our memb8r8 lo their Club in London for the weekend and particlpaled in frlendly competition. We 8180 hosted an end of year event for over So members at the Hub. Thi8 year, we ent8r8d 5 Team8 in the Birmingham, Sollhull and District Table Tenn18 League. We achleved excellent re8ulls from all players. 2 Teams achleved promotion (B and E Teams) We had a Total of 31 Player3 playing the League. Thi5 IS the most we have ever had, and th18 makes us one of the blggest participating Clubs in the whole of the League. W8 also entered th8 Summer League, and this has just finished. Again, we had a record numb8r of 6 Teams entered thi8 year. Our D Team won thelr divislon and 811 the remaining Teams played excellent and finished 4th and 5th in their r88P8clive Dlv181on8. Our Coaches were Invlted to support the Introductlon of a Plng Pong Parlour In Sutton Coldfleld'8 Gr8C8church Shopplng Centre. Steve and Jullet Bertle have been Coa¢hSng Interested publlc throughoul thls Summer. Ju118t has lel the way 88 8he wa8 selected by Table Tenn18 England for the She Coache8 programme. She Is also worklng wlth the Elite Performance Team of Table Tenn18 England. She 1$ also continulng 88 8 Wom8n's and girl$, Ambassador. Jullet a180 encouraged Female Club members lo apply for Sporting Equals Future Female Leaders programme, that empowers Ethnically Dlvérse women in gaining Coaching qualifications and support. 3 member8 were involved wlth 2 completing th8 programme. The Club has throughout th18 year arranged for members to 8tt8nd Tourn8m8nts at all levels of ablllty wlth extremely promlslng succe88. 7 members have won Tllle8 and trophies over th18 last 88a80n. M8ny repeatad 8u¢ce88e8 In several Tournaments, Steve18 8tlll an acllva mamber of the BSDTTA Management Commlttee. He has been Instrumental In the identification and fomiatlon of the Premier League8, Central venue both last $8a80n and th18 upcomlng Se880n. Tho club r•mAln8 a TAblo Tonni$ England Pramier Club and we have 8ucce88fully appllod And hav• b•on ro-8wardod th18 Standard. An extremely rewarding year for the Club and we are now looking forward to further growth and 8u¢¢e88 in the ¢oming year. Page 3
Holford Drive Community Sports Hub Limlted Report of the Trustses - continued for thé Yoar Ended 31 January 2025 FINANCIAL REVIEW Total income for th8 year was £144,658 (2024.. £80,529) of which £56,322 was unrestricted {2024.' £37,872) and £88,338 was restricted (2024 £22,657). Total funds carried fomard at the year end were £118,130 (2024.. £75,090) of which £42,296 was unrestricted (2024 £35,238) and £73,834 were restricted12024'. £39,852). Rlsk management The trustees have identlfied certain risks to which the charity is exposed as part of their responsibilit188 as truste88 running thé charity. The main rfsks identified relate to Health and Safety issues. The tru8lees have a general Health and Safety policy in place which is slrlctly followed. Golng conc6m After making appropriate enquiries, Ihe trustees have 8 reasonable expedation that the charity has adequale reBoU83 to continue in op8r8tional exlstence for the foreseeable future. For this reason they contlnue to adopl the going concern basls In preparing ihe financial 8tat8ment8. R•8erve8 pollcy Th8 Iruslees have reviewed the ch8rity'8 quIrementS for reserve8. This 18 completed on an annual ba81s. The general reserves are requlred for worklng capital purpo8e8. Th8 general reseNes stood at £42,296 at 31 January 2025 {2024'. £35,238). The trustees believe Ihat Ihi81s sufflcSenl lo enable the charity to contlnue ils 8Ctivttle8. The trustees believe that thi8 level of re88rves wlll 8UPPOrt any unfore8een reduction in the income by the charity. Inve8tment power• Under Ihe deed the charlty ha8 the power to make any Inve8lmen18 the Iru8lee8 8ee fit. Page 4
Holford Drfve Communlty Sport8 Hub Llmited Report of the Trustees - contlnued for the Year Ended 31 January 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered charlty number 1153926 Rogi8tered offlco addre88 101 Holford Drive Birmingham We81 Midland8 B42 2TU Tru8tee• L Mo8e8 J G Hom8r E A Codrington KOMJohn R J Hazel D C Roberts T A Brown M D Shaer- resignad 3 June 2025 Indapondent examlner Adam Law FCCA Utopia Accountlng Llmitéd 30 Meadow Way Tamworth Sl8fford8hire B79 OEE 8TATEMENT OF TRUSTEES RESPONSIBILITIES Th8 tru8t888 ar8 responsible from preparing the Report of the Trustees and the financlal Statements In accordance wlth appllcable law and United Klngdom Accounllng Standards Iunlted Klngdom Generally Accepted Accountlng Practlce), Including Flnanclal Reporting Standard 102 "The Financial Reporting Standard appllcable In the UK and Republic of Ireland" The law appllcable to charltles In England and Wales, the Charilles Act 2011, Charlly {Accounts and Reports) Regulatlons 2008 and the provision8 of the trust deed require8 the tru8tees to prepare finan¢ial Statements for each flnancial year which give a true and falr view of the stale of affair8 of the charity and of the Incoming resources and application of resourceB, In¢ludlng the Income and expenditure, of the charity for Ihat P8rlod. In preparing Ihose financial statements the tru8tee8 are requlred to.. selact suitable accounting policies and then apply them consi8tently', observe th8 methods and principles In the Charity SORP; make judgements and estimates that are reasonabl8 and prud8nt', state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the finan¢iaS statem8nt8', prepara th8 flnanclal statements on the golng concern basis unless It18 Inapproprlate to presume that the charity will continue in busine88. The trustees are responsible for keeping proper accounting records which disclose wlth r8a80nable accuracy at any time the financial position of the charity and to enable them to ensure that the financial stalements Comply wlth the Charities Acl 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safe ding the assets of the charity and hence for taking reasonable Steps for the prevention 8nd detection of fra er irregularities. Approved order of rdof ruste 16 October 02 nd signed on its behalf by.. RJHazel-T ste Page 5
Independent Examiner's Report to the Trustees of Holford Drlve Community Sports Hub Llmitsd We report on the accounts for the year ended 31 January 2025 set out on page$ 7 to 12. Rèspective re8p0ns1bilie8 of trustees and axamlnor The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The chaiity's trustees considerthat an audlt is not required for this year (under Section 144(2) of th8 Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Havlng satlsfied ourselves that the charity is not subject to audlt under company law and is eligible for independent examlnation, it is our responsibility to.. examine the accounts under Section 145 ofthe 2011 Act to follow the procedures laid down In the General Directlons glven by the Charity Commi88lon (under S8Ction 145{5){b) of the 2011 Acl),. and to state whether partlcular matters have come to our attentlon. Bas18 of the Independent examln•r'8 report Our 8xamin811on was carried out in accord8nce with the General Dir8ctlon8 given by tha Charity Commi88ion. An examlnation Includ88 a review ofthe accounting records kept by the charity and a comparlson ofthe Bccount8 pre8enled with those re¢ord8. It al80 Includes consideration of any unusual items or dlsclosures In the accounts, and seeking explan8tlon8 from you 88 truste88 concerning any Such matter8. The procedure8 undertaken do not provlde 811 the evidence that would be required in an audit, and consequently no opinion18 given a8 to whether the accounts present 'true and fair view, and the report 18 Ilmited to th08e matters set out in th8 Statement8 below. Independ•nt examlner's 8tatemont In connection wllh our examination, no matter h88 come to our attentlon.. (1) whlch glve8 U8 reasonable cau88 to believe Ihat, in any material respect, the requirement8 to k8ep accounllng record8 In accordance with Sèction 386 and 387 of th8 Compan168 Act 2006., and to prepare accoun18 which accord wllh the accounting record8, comply wlth the accounting requirements of Sections 394 and 395 of the Companies Act 2008 and wllh the methods and princlples of the Statement of Recommended Practice.. Accounting and Reportlng by Charlll88 have not been met,. or (2) lo whl¢h, In our oplnlon, attentlon 8hould be drawn In order to enable a proper understandlng of th8 account8 to be reached, Adam Law FCCA Ulopla Accounting Llmlt8d 30 Meadow Way Tamworth Staffordshire B79 OEE 16 October 2025 Pag6 6
Holford Driva Communlty Sports Hub Limited Statement of Financial Activities for the Year Ended 31 January 2026 2025 Restricted Total funds funds 2024 Total funds Unrestricted funds Not es INCOME FROM Birmingham City Councll The National Lottery Community Fund Donations Incoming re80urce8 from charitable activitie8 Other Income 9,960 12,697 88,336 88,336 58,322 56,322 37,872 Total 56,322 88,338 144,858 60,529 EXPENDITURE ON Charltable actlvltle8 Direct charitable expendlture Grants to Instltulions Other 1,825 1,825 101793 4,980 Total 49,284 54,354 103,618 82,577 NET INCOMEI{EXPENDITURE) 7,058 33,982 41,040 (2,048) Tran•f8ra between fund• N•t movom•nt In fund• 7,058 33,982 41,040 (2,048) RECONCILIATION OF FUNDS Total fund• brought forward 35,238 39,852 75,090 77,138 TOTAL FUNDS CARRIED FORWARD 116130 CONTINUING OPERATIONS All Income and expendSture ha8 ar18en from ¢ontlnulng act11188. The notes fomi part of these financial statements Page 7
Holford Drlve Community Sports Hub Limlted Balance Sheet At 31 January 2025 2025 Restricted Total fund8 funds 2024 Total funds Unrestricted funds Not es FIXED ASSETS Tangible assets 6,014 8,014 3,297 CURRENT ASSETS Debtor8 Cash al bank 30,222 30,222 11,989 45,834 73,834 119,488 78,993 CREDITORS Amounts falling due within one year 19,352) (9,352) (7,200) NET CURRENT ASSETS 110118 TOTAL ASSETS LESS CURRENT LIABILITIES 42,296 73,834 116,130 75,090 NET ASSETS 116130 FUNDS Unrestricted fund8: General fund 42,298 35,238 Re8trlcted fund8 73,834 39,852 TOTAL FUNDS 116130 For the financial year endlng 31 January 2025 the charlty w88 8ntltl8d to exemption from audit under section 477 of Ihe Compan188 Act 2006 relating to small ¢ompanle8. Tru•tee• re•pon8lblllt108 The members have not r8qulr8d the charlty to obtain an audit of its accounls for the year in qu88tlon In accordance with section 478., and The trustee8 acknowledge their re8pon8ibility for complying with the requlrements of the Act wlth re8pect to accounting records and the preparation of accounts. The8e accounts have been prepared In accordance with the provisions appll¢abl6 to companies subject to the small companies regime. The financial statements were approved by the Board of Trustees on 16 October 2025 and were signed on its behalf by.. T A Brown - Trustee J G Homer- Trustee The notes fom part of these financial statements Page 8 continued...
Holford Drive Community Sports Hub Llmltad Notes to the Financlal Statements for th8 Year Ended 31 January 2025 ACCOUNTING POLICIES Statutory Infomiatlon Holford Driv8 Community Sports Hub Llmlted is a charitable company limited by guarantee and is incorporated in the United Kingdom (England and Wales}. The registered office addr888 and operatlonal address is 101 Holford Drive, Birmingham, West Midlands, B42 2TU. 8asls of preparlng the flnanclal statements The financial statements of the charity, which Is a publlc benefit entlty under FRS 102, have been prepared In accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charilie8.' Statement of Recommended Practice appllcable to Charities preparing their accounts in 8ccordanc8 wlth Ihe Fln8ncial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102) leffe¢llve 1 January 2019),, Flnanclal Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial 8tatements have been prepar8d under Ihe hlstorlcal ¢08t conventlon, as modified by the revaluation of certaln asset8. Income Income is brought Into account when It is more Ilkely than not that the economic benefit of the Income wlll accrue lo Ihe charity. Expendlture This is recognlsed when a Ilablllly18 Incurred, or a constructlve obllg8tlon arlses, that results In the payment belng unavoldable. Llabililies are recognised a8 800n a8 an outflow of economlc benefll Is considered more likely than not und8r the legal or con8tru¢tlve obllgatlon Committing the charity to pay out re8ource8. Governanc• coats These are the c08tg a880ciated with the general running of the charity and Its 81rateglc management, rather than the costs of its ¢h8ritable activitie$ and day to day man8g8m8nl. Taxatlon Tha charity is exempt from tax on it& charitable activitl88. Tanglble flxed a88ets and depreclatlon Tangible fixed assets are me8sured at ¢08t 1888 accumulated depreciation and any 8ccumulated impalrment 1088es. D8pr8clatlon 18 provlded at rates calculated lo write off Ihè cost of the flxed assets, le$s th8lr estlmated re81dual value, over thelr expected useful liveB on Ihe followlng ba8e8.' Fixtures, filtingl and equipment 100/0 8traight lina Fund ac¢ountlng R8Strict8d funds can only be used for particular r8Stricted purpose8 wlthin the objects of Ihe charlty, Restrictions arise when 8p8cifi8d by th8 donor or when funds are raised for partlcular restricted purposes. Publlc beneflt ontlty The charfiy meels the definition of a publlc beneflt enlity under FRS 102. Assets and liabiliti85 are initially recognised at historlcal cost or transaction v8lu8 unless otherwi8e stated in the relevant accounling policylnote. Going concern Based on the monetary assets and human resources available at 31 January 2025, the trustees belleve that the charity is a going concern. VAT Sin¢8 the charity is not VAT registered, all input VAT 18 charged with the expenses to which it ref8rs. Page 9
Holford Drivo Community Sports Hub Llmited Notes to the Financial Statements - continued for the Year Ended 31 January 2025 DONATIONS AND LEGACIES 2025 2024 Blrmingham Clty Councll The National Lottery Communlty Fund Donation8 9,960 12,697 88,336 CHARITABLE ACTIVITIES COSTS Fundlng of acllvlll88 Tota18 Dlrecl charitable expenditure Grant8 to In8tllutlons SUPPORT COSTS Govemanca ¢o$t8 Management Totals other ra80urcé8 expended 101793 Support C08ts, Included In the above, are as follows.. 2025 other resources expended Tot81 activitie8 2024 Wage8, salaries and pension costs Premises running costs Hire of plant and equipment Repairs and renewals Telephone Sundry expenses Accountancy Professional fees Depreciation 45,302 43,655 480 7,997 888 168 2,196 53,306 866 818 159 1,800 668 101 793 Page 10
Holford Drive Community Sports Hub Limited Notss to the Flnancial Statemonts - ¢ontlnuèd for the Year Ended 31 January 2025 TRUSTEES, REMUNERATION AND BENEFITS During the year 8nded 31 January 2025 there were no tru8te8 expense8 (2024.. Nil). TANGIBLE FIXED ASSETS Flxtures & Fittings COST OR VALUATION At 1 Febwary 2024 Addltion8 7,762 At 31 January 2025 DEPRECIATION Al 1 February 2024 Provided during the year 4,485 Al 31 January 2025 NET BOOK VALUE At 31 January 2025 At 31 January 2024 DEBTORS 2026 2024 Trade debtor8 Prepayments and accrued Income other debtors 22,308 7,914 6,729 5,280 Page11
Holford Drive Community Sports Hub Limlted Notss to the Financlal Statements - continued for the Y¢ar Ended 31 January 2025 CREDITORS: AMOUNTS FALLING DUE THIN ONE YEAR 2025 2024 Accwals and deferr8d incom8 Other creditor8 9,352 7,200 MOVEMENT IN FUNDS Net movement Tran8fer8 In fvnds between fund8 At 1.2.24 A131.1.25 Unr88trlcted fund• General fund 35,238 7,OS8 42,298 Re&trfctsd fund• SIB fund England and W8188 Crlcket Trust BCC - ground maintenance Perry Barr Nelghbouthood NeOrk Scheme BCC Celebrating Communities Small Grant BCC Wlnter Food Ald Fund Th8 Natlonal Lottery Community Fund 8,000 4,580 1,500 3,000 5,095 5,000 12,697 (2,687) (1,520) 1500) (1,000> (1,698) 11,667) 43,034 5,333 3,040 1,000 2,000 3,397 3,333 55,731 TOTAL FUNDS 116130 Net movement In fund8, Included In the alx)ve ara a8 follow8: Incomlng resourc88 Re8ourc88 expended Galns and Movement In 108888 funds Unro8trlcted fund8 General fund 58,322 (49,264) 7,058 Restrlcted lund8 SIB fund Engl8nd and Wale8 Cricket Trust BCC - ground maintenance Perry Barr Neighbourhood NeOrk Scheme BCC Celebrating Communitie8 Small Grent BCC Wnter Food Aid Fund The National Lottery Community Fund (2,687) (1,520) 1500) (1,000) (1,898} (1,667) (45,302) {2,667) {1,520) (500) {1,000) {1,698) {1,667) 43,034 88,336 TOTAL FUNDS 144 658 103818 10. CONTINGENT LIABILITIES As at 31 January 2025 Ihere Vre no Contingent liabilities (2024: Nil). Page 12