REGISTERED COMPANY NUMBER- CE002102 IEngland and Wal95 REGISTERED CHARI'fY NUMBER.. t157449 Unaudlt¢d Flnanelal Statoments lor the Year Ended 31 DMber 2023 Halnes W8tt8 TamKrth MIted Swlftg House 97 Llch..18ld Streel Tarnworth Stsffor¢$hlr8 B79 TQF
Huart Of TaTrw¥rth Communlty ProJ6ct ontent8 of thè FlnaTrcial Ststements for the Y¢ar EThdèd 31 Decemb8r 2023 Report ofthe Tn1005 1 10 3 Statement ol Finandal AGtivitJes BBlance Shoet Nots8 to the Finan¢lal StBtem¢nts 6 to 13 DotalF•d 8tatgmÈnt ol Flnandal AcU¥Mte8 14 to 15
Heart Of Tamworth Community Prolect R£port of th¢ Tru8te88 for the Year Ended 31 Docembor 2023 The tru$lee$ who are a150 diredors of the charity ILY the wrKK)ses o! the Comwies Act 2CNA. prÈsÉnl Iheir report with th& flnarKial 8t8loments of the chwrily for IhÈ yr 31 DWir 2023. The trustees have a00pt the provi61ons or AUntIng and Repprbng by CliarEties.' Statement rf R8comrD.ervJwJ F¥acl appllcable lo charitiès preparlry Ihelr Èccounls in uowidant& with the Finanrid Stand&rd Wi¢3L48 in the UK and R8public of Ireland IFRS 1021 18ffeclive 1 January 20191. OBJECTIVE5 AND ACTIVITIES Qbloctlv85 and aotlvltie8 Charitabl8 purp¢)se8'. This ttgn be sumrnaTssed as woviding et)nal 8t¥J 5(KlJ fa11t èt rdieving povÈty %thIn the town of Tamworth surrounding arBa'. Full thiective5 aTe aY&latAe on Ihe Charity Comrni5sk)n web8he. AcUvlti&8'. Th6 Gharity facililalÈs, or delivers, a range Of actlti& Vering all age wps from wtssthorA through to oldw pwplg, a$ w811 £s provlding meellng facil&S and volunteers suptKKt the cryaritl5 aThJ partner-led aclivities. Mtsst of tha8 seNc¢5 are dd[V8r al the rthimunity treS 8ttèrAJ lo saj Heart and Sl John¥ churches. Achi8v8menls 8nd performan¢&. tring 2023, much of th8 cnarS work fo)¥8 on SLEkwbng pwle al%$ th& kncal commuftity as thèy strugg4 with thè Impact of ths cost-of4iving Crisis. TNS supp¥)rt VAS o¥raly of a VKY pract11 naiui& such as ensuring 8ClXSS to f¢)yd thrc4tsgh 8 mUnIty pantry. OF other intbatives a5 prrision of a wann space or food paroels. We (xntinued to intr(Klu(£ proecls to address soaal isolab'on arKI lole55- IS$ whlth were fwuenlly raisa durfng an extenslvo Gr)mmuniLy cor.1tatIon exeT&5e in 2022. Following this consultat exerciye, the Iru5toe5 iJnd1[ a ol th8 strategy and th18 result In a nav. three-year strategy Govwng the wk¥J 2022-25. 11 918cs wdlbwng Ibe that 0t1al. physal or T0Mntall 4t the he8rl Df Iht> charity's trk. Throughout 2023 th8 tharitys Vrk was all9 to the wioriti8s ou11n in this slral93y. The re-furbish farylltles at Ihe Sa¢Trl Heart gt8 ¢tinU lo attraL more partner orgaftisatk)n8 to Co-locato to ddlver t[}ÉedÈd saNIc8s and 8UPPOrt to the k)cal cornmunity. The (arrtls ambtbon to creatè 8 Ctxntnunty hub 1$ on th& way lo bdng achi8¥. Durtng 2023 Heart of Tamwrrth conllNJed to OFfat8 a C¥U1ty café axj community food panty. Howevw, th& community p8fi1ry Iwhth w85 only ever mearrt to be a trary. rmt-p8ndIC faalityl vras not fit for wrpDSe in the k)ngw.term. DJrfng 2023 comm&)c&Y to tJ&ild a rth¥ panty afKI Lxmmurmty prtrlov&l thIn9 slore. This Is a ÉI9iilfl¢£nt Investm8nt for tha chadty. A5 ew. the is grats1 for the trOU8 supwt of its vc4unteers WIK) hdp to deliver serthc88, enable it lo operate the c8fé and (wimunity pantry and 8881st with al mann8rof actskn. Publlc beA#llt Duriftp the peri the trnSt have cornpl their duty to have rward to tha guidarTh on wbli¢ befit published by th8 Ch8rty CommissioD io exosing thgr t8 (d$. FINANCIAL REVIEW Re88fV88 piIIIcy The trusie&4' pdioy is to relain an overall surplu& In ¢x)mmon many charities, dLwinu 2023 the n*1 lor supwrt wntinuaj lo incr8w. unfortunately at a time when it also proved rnore Chaging to SUre h1ndir. Grant &rm8 was largdy fr¢Jm Smal awards than in pr0$ yfrar8 snd rtad the ne8d to oblain fvr¥JirvJ lor wojecls. Pag8 1
Heart Of Tamworth Communlty ProJe¢l Report of the Yrustee for the Year Ended 31 De¢embw 2023 FUTURE PLANS The economic situation rwnain8 a Lause frK cCfern. Yth onwng c051-of4lnQ $1$ USIng hardBhlp, p8rtlcularfy mongst peotAe who were alreatty axp8riwang fv impact of povty arvj deprtvauon. Similarly. In-MDrk w¥verty is 8 challenge lor rnany in our ¢OTnrnunlty. The charity wll ¢onbnu8 to support I( peoF in a rn pr&tt(l rnannw lo address fcwxl tx)verty, SOCI isolatk)n 5ssue5 such 88 hoMe1rS. STRUCTURE, GOVERNAMCE AND MANAGEIAEKr Gover19 tlocumènt Th8 charity is controlled by it$ govemiry ¢tent, a d1 of trLtsL and consltytes a 11rnitl cornpany. Iwnlted by gbarant. as by th8 Cornpanies Act 20[. harlty con5titutlon Th8. ch8nly is a Charitable ID(L¥poraW OrganisHlion ICIOI. M ha8 a &ngl8 tler structure and as such the trustee9 8re the m•nbers of the charlty. R?crultmént and appointmont of new trustees The managernl ¢ornmi%ee, whiL. generaly m8ats evwy six weeks. Ihe charitls tru5t885. Tlre must b8 a minimum of flve a4d a maximum ol gghl apnt Irusw (Th ex officio Intee and a mit¥lmum of one and 8 maxirnurn of Iwo norninaled tnJsle88. Th8 parish 88t for the pthh of Sl Joms, curNtty Fr. MI(181 White. sh811 automat1(lY (Bx ofllclol b8 a charity trusles. The parish council of St John's TanW[xt may aprAynt one rKrninal& tharity Irust. i%rrenly R Charfes. Fairw Hudson, souety may also appoint one tx)minawt thailty Iruslee. vatanL RÉFERENCE AND ADMINISTRATIVE DgrAILS Rpgistered Company number CE002102 (England and Wales) R#yigl•red crfty number 1157449 Rgglst•rgd office Sacr1 H8art Commwlty C8ntt Silvff Link Rtrad 0sCOte T8mworth 818Ftordshlre B77 2EA Trustses Ms C Smith T G D Empson 1&ppoInt 7.6.23) Ms H 11 Bolger R Bèrry R R Chade5 Dr S P Peaple White L B3tes Ir85{gn 10.8.231 rs S Peaplo Ire$ign8d 30.6.231 Mrs C Qulno Ir8slgtYed 30.6.231 F T8n8ey IreslgnA 13.5.231 Ms V Woodley Igj 30.6.241
Hèart Of Tamworth Comrnunlty Project Report of tho Tnistees lor the Y¢ar End8d 3t D¢¢¢mber 2023 STATEMENT OF TRUSTÉÉS. RESPONS181LmES The Irustees Iwlx) are also the dir8Ctors of Heart or Tarnrth CLXnmufy PffjeLt for the purposes of cnmpany lawl are responsible for preparing the Report of TnEt8es and ts fjwdal statem.ents in awrdanr th applicable law and United KtngdoTn AGttOUnn9 Standards IUnNed ngdorn G8r4rally Acwtwj ArJ>)unlng Practice). Company law th8 truste to Fryare finand8J 5ta18mwts for flnanraal y88r thIch gtvÈ a true ant falr vlew of the stste of affai of the chartiablp cotnpsny arKI of the Ino)ming resourc85 and applitAtioft of rosourc88. including the incolne and wenditurg, of the charttabl8 MpanY for that P8ri¢yJ. In Fryarfjw thos8 finan( statefflenls, the ti'ust898 are rw4U1d lo $d8cI suitable 8ccLyJnting polioes and thEll apply (x)n&stw, observe the metS and in lh8 Charily SORP. maktr ItJdgeMts 8nd estirnates that we reason3lJle al pr8pare the finarEcial 51alements Dn if goiffj conc8m r8k8 unles3 it inapprOats to presuffle that the chAfitable company wlll conllnue in bUneSS. The trustees ar8 responsible for kewlng accountinG rX)rdS vhd) disck)se th Tea50nable accuracy at any time the fln8nci81 pwilioTr of the Gharftable ctmpany to enatAe Ihern to surOth8t the ffirngnd8lstsl•nts comply wth the Companles Act 2006. They arc also reynsitle for saftyuardiry trE assets of th8 Charitab MpanY henc8 for taklng r8aSOP.8bl8 steps for the preventioft and of fratsd arxl 0th8r IrrwJuL81iti8S. Apwoved by ordw of the toard of tru5te85 . and Sign its IhaLF by". Ms C Smith- Tr
Hè4rt Of Tamworth Communlty pro statement of Finan¢Jal A¢tivitle5 for the Year EThd 31 Decomber 2023 2023 rot81 funds 2022 Total fijr Unr8stsÈ¢ R&%lri¢t fijftd funds Notss INCOME AND ENDOWMENTS FROM Donati¥ 8no18g8cI&8 f67.127 233.460 f55.391 Othar Iradlno atIeS 166.093 166,093 142,860 Total 232,426 167,127 399,553 298,251 EXPENDITURÉ ON Raising funds 141.470 85.130 22&PA)O 120,637 Charftable acUvltle$ Dir¢ Cosis 51,9)4 38.379 89,883 55.062 other 57.131 57,131 54.732 Total 250,105 123.9 373.614 230.431 NET INCOMWIEXPENDITUR Tran$f•rs between fund8 117,6791 43,618 14091 25,939 67,820 io Net movemont In funf18 117.2701 43,209 - 25,939 67,820 RECONCILIATION OF FUNDS Total funds broght fon¥arfJ 6LYJ.746 22.1 623.647 555,827 TOTAL FUNDS CARRIED FORWARD 583,476 66,110 649,586 623,647 rth forn) part of these fina81 st*ents Page4
Heart OfTamworth C•fftmunlty Project Balance Sheet 31 D¢¢¢ml>er 2023 2023 Total funds 2022 Totsl funds Unreslri(8d R851ricteJ fund funds FIXED ASS$ Tangible as5etS 482,595 250 482.845 538,576 CURRENT A5SErs ebtors Cash 8t lank and in hand 2,188 116,360 2.188 182,061 1,048 96,621 65.701 118.548 65.701 184,249 97,669 CREDITORS Amounts frdillng due wttrAn one year 159 {17,5081 112,5981 CURFENT ASSETS 100.881 65,860 166,741 B5,071 TOTAL ASSETS LESS CURRENT LtABiullES 583.476 66,110 649.$86 623,647 NET ASSETS 583,476 66,110 649.5B6 623,647 FUNDS uRr0st¢td funds Restr1¢ funds 10 583,476 66,110 600.746 .9g1 TOTAL FUNDS 649.586 623,647 The rarftAble company is entillgj to frC audm under s0 4T1 of th8 Ccénpanies Act 2006 f(w the year eThd 31 DKwnber 2023. The members hav8 mt requir1 thè o)mpany to obtaln afi auttlt of Its finaal Statts for year ded 31 DeMber 2023 In a(wdance wfth Sectljn 476 ofthe Compar&8s 2()6. Th8 trust888 ackr)wl8dae thr rew51lItieS for 18} 8n8Urillg that the Charits9 ¢ompany ke a(twftb"ng rwd8 Ih8t COrnF4y %ith Sli0n5 386 and 387 of the Companles Ad 2006 and preparing financi81 81810ffl wlieh give & true ano falr of ihe state of 8ffairs of the L&ritable company a$ at end of earh ffnancial year and ol Its surplus tt defi[ ftjr each financwl y8Hr Fn acthrdanc8 th the rtyuirements of Siion$ 394 and 395 w)d which Othis6 CpIY w&lh the requirefflents ol the Ct>mpani&8 A( 20{ r81aOng lo fin8ndal StattS. so far as applicable to the charitable ¢x)mpany. Theso statemw)ts have prepa1 In ac0)th the W05nS appllc4tAè to tharltab18 cornpanl8s sublecl to tt small companla8 regime. Tha finanual ststements were 8pprOv1 by thg rd ofTt685 and 8Ukn)riS for Essue on nd wtté signt on its bthalf by.. Smith - Tru$teo The not8s frm part of these flnancaal stat*nenls
Heart OfTamworth Communlty Proje Nolo8 to the Flnan¢lal Stslements for tho Yr Ènded 31 D¢cemb8r 2023 ACCOUNTING POLICIE8 Basls of preparlng tho financlal statèments Thg financial Statts of th8 thrit8tAg o)mpany. whith is a public bOfit tity undw FRS 102.. have Ppart4 in accortlan¢e wlth the ChtieS SORP .;FRS 1021 QUalI9 and Rerytlro by CharitiB8'. Stelner1 of ReLYJMrnd PractKe apy4oblÈ to dial1> ?rep8riry thdr atsnts in acts)rdance with the Financial RewKting sténdaTd appllcable in the UK ar,d ReputAic of ITdand IFRS 1ff21 {effective 1 JUary 20191,, -inancial ReFM)rtirKJ Standard 102 Tho Financi81 REP(rting Standard aWirAblE in the UK Repdblic of Irda[, and the CDmpanio& Act 2006. The financial ststements have wq)ared unoer the hi810rical cost Conv0. Incomo l income is rwni5ed in th8 statt OT Fwarri81 Activib85 once the charity has to the frjnds, it 15 probable that the Income %%ill be received ar arnnt can iE rnEasur&1 rdlatrAy. Donations sr0 rewnlsfftj on rpl Incx)m& tax Tvrabl? in [daOft to donbrts rved urwjer Girt 15 rwJntsed at the Ume of (tonatic¥i. Other income 15 measur&J 8t the fair value of the ¢cx)sider8.0n or receivable and repwents amounts vable fDr goods and seNiGes providèd in the norynpj cout6e Df the ithiity, net of di8COUntS and VAT. Exp•nthturo Liabilitios are r8cogniSEd a5 expdItUre as sfyjn a5 th is a legal or constructN8 obligètion Gommitllng the arity to that expendthre, It Is prob8No that a transf¥ of miC bUrits vrill be rwuld in settJ8m8nl 8nd th amount of th& c>bliuation can be Me0r& 14iably. ExFenditure is accy)unted for (M) an accruals basis and has been L1assfii under headinGs trat aggrwJ8te all cost rdatgy to (xtgJory. Whwe costs canrK be dwectty attributsd to partiar headings IW have been allo(2 to aCtsViti on a tsa5 ryth the u88 cf r950urc8s. Tanglble flxgd assets 08pfoGialI Is provitsA at the f1ng ann1 ratss h oth to wrlte off 88881 over its 8StlmaW useful Itts. TanolNa fLX8d assets aro ststsd at hisioric81 cost less arAxmula&l d8precJ81ion. Hisiorlcal wsl Indud88 dltUTe that is directly atiribut8Ne to brÈnging the asset to th8 lttaticn 8nd Cond0 nrfos$8ry for it lo be C8pable ol owaling in rnannv inted by manag8m8nl. D8pwatv)n r6 so as 10 811wat8 the cost cl ass over t1[ estirnat u88ful liv85. Dsrmlalioi) 18 pded thefolbwing baBIS". Plant end Mathinwy Flxlurtt, Fit11ng5 EqthrhTh8rrt Ccrnputers 10% stragm line 10% or 2 strawJht line 33% stratt line The galn or los$ on Ihe dispos of an a55Pt is determiwj as lh8 dferc3 boiwn the Sa prcceedg atKI the carryiryj valu8 of th6 a&8ei and k rÈniS in Ine n¥. in&,161treI fDr th8 year. Taxallon The charity is exempt Gowration tsx on rt8 Charitab acti£5. Fund a¢¢ountlftg Unrestrtcted funds can In ance the LarltaL4e oblffuves et dl8cre¢kn of thé Intsta&s. R851rlcteO funds can onty be u5& parbcular rÈ5tricted PLrp*)s88 thIn thè objects of the charity. ReSttIonS 8riS8 Wh spe(afl& by tho don( or when fuid8 are rdiyed wU¢ul#r fe8trlcted wrp08es. Further eKp4anatk)n of1he natre 2Th1 purpos8 of eath thjnd Is Indtsdwj In the nDtes to Ih8 finan81 ststwnwts. Page 6 t¥)t)tinued...
HBart Of Tamworth Comrnunlty ProjoGt Notes to Ihtr Hnancial Ststem?ntS- GonVnued for th8 Yèar Ended 31 December 21y23 ACCOUNYING POUCIES- Going ¢on¢ern Al the time of arprowing th8 aLKounts. Ih8 trusteos (x>ntTriue io adopt the bas15 of accounti in pr£parfng th8 aLuunts. Debtor8 Debtor5 are m&?sur on Inmlal at S8tU8m8nt 8rn0unt after any disrx)unts or amounts advan¢&1 by the ¢harfty. SubseqlY Ih8yare meawr&Y al the OT othw (x)rrid8r8tion expected to Cash and ¢a$h equlv8l•nts a$h 8nd cash 8qulvalents indude c4sh in h8ryJ at¥J de• hekl with bank8. Llabllltla8 Prodsions for liabilities are Measur on rwnition of its hist¢4 cost and thon 5ubwuénlly measure at the bast esÉimate rrf the amount Uirj 10 5Blde the at the ret¥ting dat& Tran8far betwgen funds All grants Fnd donaUon& whlth ar6 trICtl or desigrraled are hdd Und rEStrict8d hjnds. WI a Cap31 Itèm Ss purchased, Ihe valuo 1$ Ir8rfttred b8iww th8 funds. il is ill pwpptuily. OTHER TIiADING ACTMTIES 2D23 2022 Sp Inc0rn8 Rental inJMe C8fe income 29,457 21,191 11S,445 33,608 13,372 95.880 166,093 142,860 INCOMEIIEXPENDrruREI Net irthmel1eypeTrdltu1 stated th thargilI(&fj.ngI. 2023 2022 DepreuatiC . asséts 57.131 .$4,733 TRUSTEES, REAIUNERATKIN AND BENEF9 Th8re ww8 no trusw, runeration Or0th bendlts for the 31 Decembw 20TJ Th)r th& y88r ded 31 D&embw 2022. Page 7 coThtinued...
Heart Of Tamworth Community Prol¢d Notès ts the F%Danclal Statsmeftts. ¢ontlnued for th8 Year Endad 31 Dwml>er 2028 TRUSTEES. REMUNERATION AND BEIIEFITS- rtInued Trustees, oxpenus No twstee recdvwj any paymwts otl*rthan rMbut for ewses wlY exduslvdy on behdf of the Gharhy. STAFF COSTS The avery rnonthly numbwof emplow durirffJ Ihe yearwas as 1$.. 2022 ¢[NUn[lY offic8 CAf8 No Ye¢S olumentS in excess of£flJ.lJX). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ArnvmES Unr95th0 fund Reslrfcted funds Total funds INCOME AND ENDOWIIENTS FROM Donations and legaci&% 51,524 103,961 155,391 Other tradlng 111¢5 142,8 142,860 Totsl 194,384 103.867 2DB.251 EXPENDITURE ON Raising funds 126.8 15.3711 120,63T Charitabl• actlvttlos DiroGt Gosts 23.457 31.605 s5.12 Other 54,732 54.732 Total 149. 80.966 230,431 NET INCOME 44,919 22,1 57,82Q RECONCILIATION OF FUNDS Total funds browJht forward 555,82T 555,827 TOTAL FUNDS CAJIRIÉD FORWARD 600.746 22.901 623,e47 cDntlnued...
Heart OfTamworth Cthnmunlty ProJeGt Notss to FlnancSal ststeM5- eontinued for the Yeor Endéd 31 December 2023 TANGIBLE FIXED ASS8 Fixtures and P13rt and mad)inwy CeKnputer uipme Tota15 COST At 1 Jaary 2023 Additions e62.874 38.942 1,594 1,175 71YJ.410 At 31 December 2023 662.874 39,167 2,769 704,810 DEPREUAnoN At 1 January 2023 Charge for year 143.881 51.597 20,718 4.970 235 564 164,834 57,131 At 31 D2023 195.478 25.688 221.965 NET BOOK VALUE At 31 2023 467.396 13.479 1,970 482.845 At 31 2022 518,993 18.224 1,359 538,576 DEBTORS.. AJIOUNTS FALL DUE IiirrHIN ONE YEAR 2023 2022 VAT Prep8yrn8nrs 1,172 1.016 2.188 CREDITORS.. MIOUNTS FALUNG DUE ONE YEAR 2023 2022 Social Sftty and other 1aM8 VAT otr cr8dltors Accruals and ¢JeferrwJ in¢om6 1.127 601 15,946 435 8.363 1.192 17,508 11598 Contlnu...
Hgart of Tamwtsrlh Communty Proje¢l Not•É to th Flnanelal Staternpnls- cortlnu8d fortho Yoar Ended 31 Do¢gmbBr 2023 10. MovEMEP IN FUNDS Net movemwl In fund5 Tiartsfer b8tW8en funds At1.1.23 31.12.23 Unrestrlotqd lund8 Gen&ral 6(X).746 117.6791 583,478 R¢8trlctsd funds Wlnl8r Warmws Lunch Club Food P8rcels B8friendlng Club Shop Building SPF Fundirw frtxn TBC Maln Grants Memory C81& 4.542 4.497 417 27.696 2,372 141n 9.429 11.6071 14.048 18.4451 542 32.238 6,869 9,429 3,393 13,639 14091 542 22.9)1 43.618 14091 66,110 TQTAL FUNDS 623.647 25,939 649,586 Nat movement in fund4 Inrjudj In fheatK)V8 8re as fc410.. 1mirVa R&srceS xpEnd Mav8m$nl in funds Unrestrlcted funds Gener 232.428 1250.1051 117,6791 R¢$trlLtsd funds Winter Warmws Lunch Club Food ParrA5 Befriend1r ClJb Shop 8uilding SPF Fundlro trom TBC in Grants MOry Cafe 33.353 12,250 1.000 10.000 66.000 24.999 18.983 542 15,65TI 19.8781 11.4171 15711 167,6071 110,9511 127,4281 27,e96 2,372 14171 9,429 11,6071 14,048 18,4451 $42 167.127 1123,5091 43,618 TOTAL FUNDS 1373.6141 25.939 Pag& 10
Heart Of Tamymrth Comtnunkty Proloct Motes to th8 Finartclal Ststements- cOnnued for Ihp Ytrar Ended 31 DeGembgr 2023 10. MOVEMENT IN FUNDS- contInd CompHrat5vo¥ lor mo¥emnt In lurO9 Net movpm8nt in ftJrx15 At1.1.22 31.12.22 Unr¢stdct•d fund8 General 555.827 44.919 600,746 R95trlctsd lund$ Wintw W8rm8fS Lunch Club FO ParGe15 Shop Buildlng Main Grants 4.542 4.497 417 5.ODO 8,445 4.542 4.497 417 5,000 8,445 22.901 22.901 TOTAL FUNDS 555.827 67.820 623.647 Comp?rstNe r movema in fUs. in th8 aLwe are as ftIl¢iE." Incoming Movan1 in funds gxpend&J Unr•strl¢t¢d lunds General 194.384 1149.4651 44.919 Restrlcted funds wint Warrners Lunch Club Ftsixt Parcds SIKIP Building Main Grants R95trict 14181 11,6281 14,5831 4,542 4,497 417 5,000 8,445 6.125 5,OLKI 5.0(K) 37.747 45,035 (29.3C121 145.0351 103,867 180,9861 22.901 TOTAL FUNDS 298.251 1230.431) 67.820 P1# (¥kntlnu&l...
Heart 01 Tamworth Communlty Proi•Gt Notss to the Fln8nclal Statements. ¢ontlnue forth# Y¥ Endod 31 Downbor 2023 10. lOVEmE IN FUNDS. Conllnupd A ¢urEent year 12 months and prior 12 rnonth8 Ojmbwj [luOn gs as fdlows: Tr8Dsfer5 Alf.1.22 in funds funds 31.12.23 UnTegtTlctod fvnd$ Genwal 555.827 Zl.24Q 583,4T6 Re5tr1Gttd lund8 W¢nter W8rmEr5 Lunch Club &nding (Xub Shop Bulldlng SPF Fwdin9 from TBC Memory Gaf& 32,238 6.869 9,429 3,393 14.048 542 32,238 9,429 3,393 13,639 542 14091 86.519 14091 66.110 TOTAL FUNDS 555.827 93.759 649,586 A Curnt year 12 1h5 an($ prior y8aT 12 morrths cmlyn net movwnent in fijth, incIL1J In Ihg *)ove are as Irthmir r0[Ca5 Resource5 eXPd Movement in funds UnresffiGt funds Gèneral 426.810 1399.5701 27,240 Re5trlctBd funil$ Winterwarmws Lunch Qub Food ParGel$ Befriendlng Club Shop Build5ng SPF Fundlng from TBC Maln Gr¥nt5 Mgm(ry G8f8 38.313 18.375 6.000 10,000 71.000 24,999 56,73D 542 45.035 16.0751 If1,5(Kl 16,0001 15711 167,6071 110,9511 156.7301 32,238 6,889 9,429 3,393 14.048 542 145,0351 270.994 1204,4751 68,519 TOTAL FUNDS 697.804 1604.0451 93.759 Page 12 conlnued...
Hqart Of Tamworth Communlty Prolect Nots8 lo the Flnancial StatèmÈnts- ¢onUnue£l for the Yw Endod 31 Decombor 2023 11. RELATED PARTY DISCLOSURES At the 31 Decemb 2023, the chsrity the patsh ol St John 1he Baptist £15,731 12022 £8,143) for Itèms Dr $8Trices purcha1 on behaw of iy In lnOn knTth th8 tharity. Dudng the wr £33 12022 £1,360) w88 b) R Chart8B, tntsteg for ewFes 8ryJ exclusivety on behalf af th8 Charity. Pag8 13
H¢art Of Tarnworth Community Projgct D¢talled StaleTn8nt of Finan¢W Actlvltlos for thp Y•ar End 31 Dec8mb8r 2023 2023 2022 INCOME AND ENDQVnAENTS Donatlon$ and legxtes Donallons Grants l FuTrlthg 91.B74 141.SB6 51,524 102,867 233,4eo 155.391 Other tratllng Xtlvltl85 Shop InGQmÈ Rglltal Incorn8 C8f8 incorne 29,457 21,191 115,445 33.608 13,372 95,880 166,093 t42,860 Total Incomlng re5our¢88 399,553 298,251 EXPENDITURE Ralsln9 donatltsn$ and legacl05 Winter Warmws Sutnm6Y Scheme Bdrlending ClJb Fooo ParGd$ Firewalk Lunch Club Building Work S.657 8,639 571 8.311 2,257 9,878 67,607 9,194 7,432 14.917 1,009 11r2,92D 32,552 Other tr3dlnu acttvltl•$ Shop exp8ndilure Cal8 wendlture 14.673 109.(K>7 6,954 81.131 123.680 88,085 Charltable a¢tlvltle8 Wages Insur8nce Light and heat Telephone Postago and 5tatlowy Advertising sundr.es Comwt8r and &)ftware Repairs atKI Ndalntenanc¢ Motor ExpÉns8$ RecruItMl and Trainlng carri$ fotward 45,057 2,196 12,869 368 257 1,625 3,183 3.738 693 1.002 983 71,971 35.840 440 9.96 129 1,624 1,158 3,036 786 82,973 This page not lomi p8rt of the 5t#tuWfinaTh*l 8tatwn8nts Pwe 14
H9art 01 Tamworth CotNMunlty Proloct Detalled Statement of Flnanclal Activities the Year Ended 31 2023 2ff23 2022 Chartlabl a¢lfjvltl¢8 8rought forward Pr8rni585 Eypgn$6S Cl88ning ch8rit8bl8lFad RasSng Profgs¥Dn81 Fe88 71.971 6.562 7.914 3.436 52,973 617 515 957 89.883 55,0fj2 other Planl and mhlery Flxturas and fittings Computer equipment 51,597 4.97LI 49.375 5,183 174 57,131 54.732 Total resources expwd 373,614 230.431 Net Income 25.939 67,820 This page notform part of the $tstuW finaal $1atements Page15
The Heart of Tamworth Community Project Independent Examiner's Report For the year ended 31 December 2023 Report oll th¢ accounts of The Heart of Tamworth Conllnullity Proj(xt for tbe year eJLded 31 December 2023, which are set out on pages 4 to 15. Respective responsibilities of trustees aDd examiner The Charity's trustees are sponsible for the prtwaration of the accounts. The charitys lJJsXee8 Consider that an audit is not rcquired for thi% year under tion 144(2) oi tbc Charities Act 2011 (the 2011 Act) and that an independent exajnination is ll¢ed it is my rwTrnsibiJity to: cxamille the a(Kounls under section 145 of the 2011 Act.to follow the proceduras laid down in thc ge¢[al DIrtIOnS given by the commission under scction 145(5Xb) of the 2011 Act. to stafr whether particular matters have come to my atttion Basis of independent examinef s report My txamination was caTried out ID accordance with the general Direction8 given by the Charity Com]ission. An exaTDinatiou iti¢ludes a review of th¢ tIng records kept by the charity and a compariwn of the accounts presellted with those records. li 50 includes ¢oniideraiion of any unustsal ilems or disclosur¢s in the accounts, and seekillg explanations from you as trllstvs concerning any such tters. The procedures und6rtaktn do not provide all the evidence that would be rwuired in an audit and ¢olls¢quently no opinion is given as to whetber the accounts present a In and fair vIe aod the rep)rt ts limitryl ¢0 those sct out ITh thc next statement Independent examinels statement ttt connection my exa[nitio no lllatter h&s COTne to my attention: (l}which giv&s me reasonable cau8e to believe that in ally material respect tbe requirements: keep accounting rttords in accordance with section 130 of th¢ 2011 Act and w pryarE accoutLL8 which accord with the accounting records and comply with the accounting requirernents of the ?011 Act have not been met or (2)to wljicb, in nky opilliofy attenuon should be drawn in order to enable a proper understa Of the accounts to be reached ohn Faulkner CA, Independent Examiner 63 Amington Road Bolehall Tamworth B773LN Date: 23rf Oct 2024