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← Solihull Health & Education Partnership

2023-12-31-accounts

Charity Registration No. 1154494

SOLIHULL HEALTH & EDUCATION PARTNERSHIP

(A CHARITABLE INCORPORATED ORGANISATION)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

ANSARI & CO

Charity Accountants & Consultants

BIRMINGHAM

B28 8JG

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

CONTENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2023		 CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
_______________
Pages
Legal and administrative information 2
Trustees’ report 3 – 8
Independent examiner’s report 9 – 10
Statement of financial activities 11
Balance sheet 12
Cash flow statement 13
Notes to the financial statements 14 – 21

1

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Trustees Names of Trustees have been redacted by agreement with the Charity
Commission due to safety concerns and are therefore not published in this
document nor the Charity Commission website available for the public. This
is in line with paragraph 1.29 of the Charities SORP (FRS 102).
Principal Address The HUB
5-9 Hermitage Road
Solihull
B91 2LL
Charity Number 1154494
Independent Examiner Mohammad Ansari
Ansari & Co
Kings Court, 17 School Road
Birmingham
B28 8JG
Bankers HSBC Bank
34 Poplar Road
Solihull
B91 3AF

2

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

The Trustees present their report and financial statements for the year ended 31 December 2023. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 01 January 2019).

Structure, governance and management

Governing document/Constitution

The organisation is a charitable incorporated organisation (CIO). The charity was established by Constitution signed on 14[th] August 2013 and registered with the Charity Commission on 6 November 2013, under number 1154494.

Tax status

The charity is registered as a CIO and is therefore exempt from corporation tax and income tax.

Recruitment and training of trustees

The Board of Trustees currently consists of three members who were recruited due to their commitment and expertise. Role descriptions, where applicable, are issued to each Trustee and a full induction is given setting out the obligations of a Trustee. The list of current Trustees can be found on page 2 of this document.

Please note: The names of the Trustees have been redacted by agreement with the Charity Commission due to safety concerns and are therefore not published in this document or the Charity Commission website available for the public. This is in line with paragraph 1.29 of the Charities SORP (FRS 102).

Organisational structure

The Charity is principally based in Solihull, UK but works with organisations across the United Kingdom. The Trustees are responsible for the governance of the Charity, and the day-to-day management is performed by the Trustees and volunteers.

Key risks and uncertainties

The Trustees actively review the major risks which the Charity faces on a regular basis, in particular those relating to its operations and finances. They are satisfied that systems are in place to mitigate the charity’s exposure to the major risks. The risk management strategy comprises:

The strategy is reviewed regularly by the Trustees.

3

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Aims, objectives and activities

Aims, objectives and intended impacts

Objects:

In furtherance of these objects but not otherwise, the trustees shall have power to establish or secure the establishment of a community facility and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a facility for activities promoted by the charity in furtherance of the above objects

Public benefit statement

The section of this report above entitled ‘Aims, objectives and activities’ sets out the aims and priorities of the Charity. The Trustees have considered this matter, in conjunction with the guidance contained in the Charity Commission’s general guidance on public benefit, and have concluded:

Review of achievements and performance for the year

In 2023, The Hub continued to grow and was extensively used for the community.

Our congregation at Friday prayers and in Ramadan, together with attendees at daily prayers continued to steadily increase, reflecting a growth in the Muslim community in the local area.

4

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Review of achievements and performance for the year (cont.)

The following provides a summary of activities held and key highlights:

The Hub Club Sunday School

Enrolments at The Hub Sunday School have increased, attracting a large number of pupils. The unique and innovative curriculum, developed in collaboration with international organisations and delivered by our dedicated and talented staff, is gaining further acclaim as a centre of excellence.

We continue to offer a course in iGCSE Islamic Studies, culminating in pupils being entered for the GCSE at the end of year 10 (a year prior to their main GCSE examinations).

A number of additional courses have been developed and delivered, including the post-16 Faith Matters course which addresses advanced topics in theology, and also a boys to men course for young men entering adulthood.

Radiant Hearts

The Radiant Hearts Project is an online academy, developed under partnership. During 2023, we continued to develop the curriculum and enrolled pupils from across the world.

Qur’an Academy

Our weekday school continues to attract students for the study and memorisation of the Qur’an and growth in numbers has led to additional weekday classes and also a further class on Sunday afternoons. In 2023 we established a Hifz program, a syllabus designed to memorise the entire Qur’an over the course of a number of years. We plan to expand these further in 2024.

Qur’anic Arabic

We have commenced with a Qur’anic Arabic course, which is made up of a series of five levels over 3 years. This is a valuable addition to the curriculum and is run for both adults and children.

Seerah Course & New Muslims Classes

These were established this year, with regular attendees to both. We plan to develop these further over the coming year. The Hub is also a member of the Solihull Inter-faith Forum and is regularly called upon to visit local schools and colleges to give talks about Islam.

Family Activities

The Hub hosted social functions to celebrate Eid, in addition to a number of events in Ramadan, including dinners to open the daily fast.

5

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Review of achievements and performance for the year (cont.)

Men’s Activities

Regular ‘Chai & Chat’ events were established, giving a space for meeting others over some food. Hub attendees have also established cycling and football clubs at various levels.

Ladies Activities

These included coffee mornings and study circles, in addition to a number of social dinners.

Links with Charities

The Hub has partnered with local charities. We have a regular collection by Islamic Relief where people have donated goods. In addition, the congregation raised sizeable amounts to support relief efforts across the world through registered UK charities.

Repairs and Maintenance

The original Hub building was constructed in the 1960’s and though well-maintained, parts of the infrastructure are nearing or beyond their useful life. We have embarked on a programme of replacing the roof and also refurbished internal parts of the building.

Bereavement Support

The organisation was part of a cross-party group comprising of other Muslim organisations in Solihull. The aim of the group was to liaise with the council to understand the and agree the service and timescales offered to the Muslim community with respect to burials.

The Hub’s volunteer management team continue to work to develop services for the local community and continue to partner with local organisations and the Council to further the visibility and the effectiveness of the organisation.

6

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Financial review

Principal sources of funding

The principal source of funding for the Charity is from individual donors within the UK and from its educational courses. Income received in the year increased to £321,674 (2022: £302,723) due to an increase in income from courses held. Expenditure in the year also increased to £224,839 (2022: £163,494) due to the increase in courses held. Costs were kept under rigid control during the period and monitored regularly.

Reserves Policy

The Charity holds unrestricted funds which have been provided to the charity via donations and charitable activities. Under the terms of the donations, the charity must retain the assets in perpetuity and can only use the income to support its charitable activities.

The unrestricted funds represent income earned but not yet utilised in supporting charitable activities. At 31 December 2023, the charity held reserves of £733,105 (December 2022: £636,270).

Going Concern

The Charity reported a cash inflow for the year of £3,003 (2022: inflow of £13,855) and expects to make an inflow in 2024 also due to the repayment of interest-free community loans being paid back only if funds are available due to the flexible terms. After making further appropriate enquiries and gaining assurances over income levels, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and at least the next 12 months from the date of signing these accounts, as required. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Future plans

In 2024, the organisation hopes to further develop its range of activities, and also to investigate other revenue opportunities. As the organisation and community grows, Trustees will look to establish paid management and administration roles.

We also plan to embark on a programme of refurbishment. The Hub is an old building and certain areas are in need of updating. Work has already commenced in 2023 on roof refurbishment and will be completed in 2024.

7

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Statement of Trustees’ responsibilities

The Trustees are required to prepare financial statements for each financial year in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of resources, including the net income and expenditure for the year. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and all other applicable law. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Accounts preparation

The Trustees confirm that the accounts comply with current statutory requirements, and with those of the governing instrument.

This report was approved by the Trustees on 18 November 2024 and signed on their behalf, by;

Trustee (redacted)

8

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Independent examiner’s report to the Trustees of Solihull Health & Education Partnership CIO

I report on the financial statements of the charity for the year ended 31 December 2023 which are set out on pages 10 to 21.

This report is made solely to the charity’s Trustees, as a body, in accordance with section 145 and the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Respective responsibilities of Trustees and Examiner

The Trustees are responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.

Having satisfied myself that the company is not subject to audit under charity or company law and is eligible for independent examination, it is my responsibility to:

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 a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the Trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.

9

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:-

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

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Mohammad Ansari

Dated: 18 November 2024

Ansari & Co

Charity Accountants & Consultants Kings Court, 17 School Road Birmingham, B28 8JG

10

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

Unrestricted Total Unrestricted Total
Funds Funds Funds Funds
Note 2023 2023 2022 2022
£ £ £ £
Income from:
Donations and legacies
 2 170,468 170,468 193,506 193,506
Charitable activities
 3 144,960 144,960 99,317 99,317
Investments 4 6,246 6,246 9,900 9,900
___ ___ ___ ___
Total income 321,674 321,674 302,723 302,723
___ ___ ___ ___
Expenditure on:
Raising funds
 5 798 798 1,283 1,283
Charitable activities
 6 224,041 224,041 162,211 162,211
___ ___ ___ ___
Total expenditure 224,839 224,839 163,494 163,494
___ ___ ___ ___
Net gains/(losses) on investments - - - -
Net movement in funds 96,835 96,835 139,229 139,229
Reconciliation of funds:
Total funds brought forward 636,270 636,270 497,041 497,041
___ ___ ___ ___
Total funds carried forward
 14 733,105 733,105 636,270 636,270
___ ___ ___ ___

All incoming resources and resources expended derive from continuing activities.

The notes on pages 13 to 21 form part of these financial statements.

11

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

BALANCE SHEET AS AT 31 DECEMBER 2023

_______________

2023 2022
Note £ £ £ £
Fixed assets
Tangible fixed assets 10 690,658 692,429
Investments 10 290,000 290,000
____ ___
980,658 982,429
Current assets
Cash at bank and in-hand 18 61,736 58,733
Debtors 11 31,884 24,532
____ ___
93,620 83,265
Creditors:
Amounts falling due
within one year 12 34,604 23,602
____ ___
Net current assets 59,016 59,663
Creditors:
Amounts falling due
after one year 13 (306,569) (405,822)
____ ___
Net assets 733,105 636,270
____ ___
Funds
Unrestricted: General 14 733,105 636,270
____ ___
733,105 636,270
____ ___

The notes on pages 13 to 21 form part of these financial statements.

The financial statements were approved by the Trustees on 18 November 2024 & signed on their behalf, by:

Trustee (redacted)

12

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023		 CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023		 CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023		 CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
_______________
Note 2023 2022
£ £
Cash flows from operating activities:
Net cash provided by operating activities 18 11,757 (23,755)
___ ___
Cash flows from investing activities:
Add: Net Income from investments 6,246 9,900
Less: Purchase of fixed assets (15,000) -
___ ___
Net cash provided by investing activities (8,754) 9,900
___ ___
Cash flows from financing activities:
Less: Repayments of borrowing - -
___ ___
Net cash provided by financing activities - -
___ ___
Increase / (decrease) in cash & cash equivalents
in the reporting period 3,003 (13,855)
___ ___
Cash & cash equivalents at the beginning of
the reporting period 58,733 72,588
___ ___
Cash & cash equivalents at the end of the
reporting period 19 61,736 58,733
___ ___

The notes on pages 13 to 21 form part of these financial statements.

13

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. Accounting policies

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The following principal accounting policies have been applied:

a) Incoming resources

Income includes the total funds received during the period and comprises donations collected directly or by volunteers and income from fundraising events. Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty.

Income tax reclaimable under the Gift Aid Scheme is recognised on an accruals basis once income is considered probable.

Donors are given the option to restrict their donation when it is made. Any Gift Aid claimed on restricted donations is classed as unrestricted income.

b) Resources expended and basis of allocation

Expenditure is included when incurred and has been shown in the Statement of Financial Activities inclusive of non-recoverable Value Added Tax.

Expenditure on operational programmes is recognised in the period in which it is incurred.

Currently all costs are directly attributable to specific activities, but where required, certain shared costs will be apportioned to activities in furtherance of the objects of the Charity.

c ) Funds accounting

Funds held by the charity are:

Unrestricted funds - These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Designated funds - These are unrestricted funds earmarked by the trustees for particular purposes.

14

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

d) Tangible Fixed assets

Tangible fixed assets are depreciated per the following rates:

Land & Buildings - 2% straight line Furniture & Equipment - 20% straight line

e) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

f) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2. Donations and legacies

Unrestricted Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
£ £ £
Voluntary donations 170,468 170,468 88,506
Donation from The Olton Project, per donation terms
from a charity grant - The Right Start Foundation International - - 85,000
Loans converted to donations to Mosque building - - 20,000
___ ___ ___
170,468 170,468 193,506
___ ___ ___
3. Charitable activities - income
Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
£ £ £
Course & Academy fees 131,539 131,539 95,940
Hire income 13,421 13,421 3,377
Other income - - -
___ ___ ___
144,960 144,960 99,317
___ ___ ___

15

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

4. Investments
Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
£ £ £
Income from property investment 6,246 6,246 9,900
___ ___ ___
6,246 6,246 9,900
___ ___ ___
5. Raising funds
Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
£ £ £
Fundraising charges 152 152 1,126
Advertising & marketing 646 646 157
___ ___ ___
798 798 1,283
___ ___ ___
6. Charitable activities - costs
Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
£ £ £
Building & utilities costs 78,206 78,206 59,195
Courses & events costs 140,022 140,022 99,446
Governance costs 5,813 5,813 3,570
___ ___ ___
224,041 224,041 162,211
___ ___ ___

Due to the running of the Centre being part of the purposes of the Charity, all building related expenses are recognised as charitable and there are no support costs to apportion.

16

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

7. Net incoming resources for the year

2023 2022
This is stated after charging:- £ £
Examiners’ remuneration 1,000 695
Depreciation on tangible fixed assets
16,721		 16,721
___ ___

8. Staff & trustees costs

There were no employees in the year (2022: NIL).

During the period £NIL (December 2022: £NIL) of expenses were incurred for the reimbursement of Trustees’ expenses. The Trustees received no other remuneration this year or the prior year.

9. Volunteers

The charity is being run through the kind help of at least 15 committed volunteers making up the equivalent time of three full time employees. The Trustees would like to thank all the volunteers without whom the Centre would not be able to run.

10. Fixed assets

10. Fixed assets
Land & Equipment
Investments Buildings & Furniture Total
£
 £ £ £
Cost
At 31 December 2022 290,000 836,037 13,292 1,139,329
Additions - 15,000 - 15,000
___ ___ ___ __
At 31 December 2023 290,000 851,037 13,292 1,154,329
___ ___ ___ __
Depreciation
At 31 December 2022 - 143,608 13,292 156,900
Charge for the period - 16,771 - 16,771
___ ___ ___ __
At 31 December 2023 - 160,379 13,292 173,671
___ ___ ___ __
Net book value
At 31 December 2023 290,000 690,658 - 980,658
___ ___ ___ __
At 31 December 2022 290,000 692,429 - 982,429
___ ___ ___ __

17

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

11. Debtors
2023 2022
£ £
Trade debtors 31,435 23,875
Prepayments 449 657
___ ___
31,884 24,532
___ ___
All amounts are receivable within one year.
12. Creditors
Amounts owing within one year
2023 2022
£ £
Trade creditors 7,904 8,407
Accruals 1,500 2,195
Al-Rayan Bank loan 25,200 13,000
___ ___
34,604 23,602
___ ___
13. Creditors
Amounts owing after one year
Al Rayan Loans from Total Total
Bank individuals 2023 2022
£ £ £ £
Long-term creditors are repayable as follows:-
Within one year 13,000 - 13,000 13,000
Years two to five 39,000 135,000 174,000 267,000
After five years 119,569 - 119,569 125,822
__ __ __ ___
171,569 135,000 306,569 405,822
__ __ __ ___

18

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

14. Statement of funds

Current year (2023):

Current year (2023):
Brought Incoming Resources Transfers Carried
forward resources expended forward
£
£		 £ £ £
Unrestricted funds:-
General reserve 636,270 321,674 (224,839) - 733,105
_ __ __ ___ ___
Total funds 636,270 321,674 (224,839) - 733,105
_ __ __ ___ ___
Prior year (2022):
Brought Incoming Resources Transfers Carried
forward resources expended forward
£
£		 £ £ £
Unrestricted funds:-
General reserve 497,041 302,723 (163,494) - 636,270
_ __ __ ___ ___
Total funds 497,041 302,723 (163,494) - 636,270
_ __ __ ___ ___

15. Analysis of net assets between funds

(a) 2023
 Unrestricted Total
funds funds
£ £
Fund balances at 31 December 2023 are represented by:
Fixed assets & investments 980,658 980,658
Net current assets 59,016 59,016
Long-term creditors (306,569) (306,569)
__ ___
Total funds 733,105 733,105
__ ___

19

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

15. Analysis of net assets between funds (cont.)

(b) 2022
 Unrestricted Total
funds funds
£ £
Fund balances at 31 December 2022 are represented by:
Fixed assets & investments 982,429 982,429
Net current assets 59,663 59,663
Long-term creditors (405,822) (405,822)
__ ___
Total funds 636,270 636,270
__ ___

16. Commitments under operating leases

As lessor:

As at 31 December 2023, the charity had commitments owed to it under non-cancellable operating leases as follows:

Within one year

Between one and three years
 Land & buildings
2023
2022
£
£
9,900
9,900
-
-
_ _

17. Related parties

Three of the trustees were owed £135,000 at the end of the year (2022: £215,000), given in long-term interest free loans for the purchase of the Centre. There were no other related party transactions in the year or in the year to 31 December 2023.

20

SOLIHULL HEALTH & EDUCATION PARTNERSHIP (A CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

_______________

18. Reconciliation of cash flows from operating activities

2023 2022
£ £
Net income / (expenditure) for the reporting period 96,835 139,229
Add: Depreciation charge 16,771 16,721
Less: Net income from investments (6,246) (9,900)
(Increase) / decrease in debtors (7,352) (7,815)
Increase / (decrease) in creditors (88,251) (161,990)
___ ___
Net cash provided by operating activities 11,757 (23,755)
___ ___
19. Analysis of cash and cash equivalents
2023 2022
£ £
Cash at bank and in hand 61,736 58,733
___ ___
Total of cash and cash equivalents 61,736 58,733
___ ___
19A. Analysis of changes in net debt
At start Cashflows At end
of year in year of year
£ £ £
Cash 58,733 3,003 61,736
Loans falling due within one year (13,000) (12,200) (25,200)
Loans falling due after one year
 (405,822) 99,253 (306,569)
___ ___ ___
(360,089) 90,056 (270,033)
___ ___ ___

21