Charlty Re8iStratlon No. 1162716
Company Re£lstration No.08489974 {England and Wales I
TIPTON COMMUNITY ASSOCIATION LIMrrED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
111
*A4)tVHU
1811212021
COMPANIES HOUSE
A12
291

TIPTON COMMUNITY ASSOCIATION LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B Williams
Mr A Wainwright
Mr P ￿len
Mrs P Baglev
Mr R Hemmings Ideceased 25 No¥ember 20211
Secretary
Mr A Wainwright
Charlty number
1162716
Company number
8489974
Registered office
Brook Street Community Centye
Brook Street
ripton
United Kingdom
DY49DD
Independent examlner
Xiu Mei Yiong
Apartment 31.
26 Lon8leat Avenue
"miingham
B15 2EX

TIPTON COMMUNITY ASSOCIATION LIMITED
CONTENTS
Pa8e
Trustees report
Independent examiner's report
Statement of financial actiwtie5
Balance sheet
Notes to the financial Statements
7-13

TIPTON COMMUNITY ASSOCIATION LIMITED
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2021
The Trustees present thelr ￿port and financial statements forthe year ended 31 March 2021.
The accounts have been prepared in actordance with the accounling policies set out in Note l of the
accounts and complywith the ThaTbty'S commissioners. the Companies Act 2(X)6 and the siatement of
Recommended PrdCtite,"Accounting and Reporting by Charities.. issued in March 2CKJS.
Oblectives and artivities
The main objectives of the Charity are to secure. maintain and further develop the faality currently known a5
Brook Street Community Centre in fipton. and also to organsse events and functions to impro¥e the quality of
life for the inhabitants of fipton and the neighbwthood and to advance the education of the public in the
leisure activities available within the area.
To further benefit the residents of Tipton in the Metropolitan Borough of Sandwell. West Midlands aThd the
neighbourhood without distlnction of sei sexual orientation, race or of ptrlitical. religious or other opinitsns
by associating together the said residents and the local authOri￿e5, voluntary and other organisations in
common effort to advance edLSCation and to provide facillitie5 in the interest of social welfare for recreation
and leisure time occupatioH with the objective of iMpro￿ng the cotmlitions of life for the residents.
The stated objectives will achleve the longertemi strategy ofthe Charity.
TheTrustees have paid due re8ard to guidan￿ issued bythe Charity Commissbon in decidlnB wltat activities
the Charity should undertake.
In addition to developing activites and social welfare seTrices both at and from the Community Centre, the
Charity has undertaken many rnalor events vthich indude the annual Santa's Sleigh tour and other general
activites.
The Management Commitee and othervolunteers donate their time free of charge to the Charity and the
Trustees wish to place on ¥ecord their thanks and appreciation fortheir effort5.
A¢hlevements and performance
Due to the pandernic. the Charity was not able to carry out all the intended activities as organised in prior
vears. The main event during the year was the Santa's Sleigh Tour and the Charity hopes to resume various
Christmas community-led events and other8eneral acti￿tieS in the following year.
Thè Trustees believe ihat these three events prowde a Significant contributyon towards the Charitable
objettlves.
Covld-19
The development ol the Co¥id-19 pandemic has had 3 notable impact Whe￿ the Charity was not able to
carry out most of their Major events and remained closed fora big part of the finanoal year.

TIPTON COMMUNITY ASSOCIATION LIMITED
TRUSTEES REPORT (INCLUDING DIREcfoRS' REPORn (copiriNUED}
FOR THE YEAR ENDED 31 MARCH 2021
Flnanclal revlew
The Trustees are mlndful that there has been è svrplus in fijnds duiin8 the year due to receipts of
government grants exceeding expenditureswhich was lower due to the pandemlc. The Trustees wlll
continue to re￿eW activities in the current year In order to have sufficientfundinE levels to contr.nue with
the pro8ress that has already been achieved.
It is the policy of the ChaT¥ty that unrestricred fvnds which have not been designated for a specific use
should be maintained at a level equivalent to betsleen three and six month's expenditure. Although the level
of reseNes have fa15en this year. the Trustees are fully committed to maintaining adequate levels of reserves
tn the forthcoming period.
Each year. theTrustees carry out a risk assessment upon the activrfties undertaken in orderto safeguard the
assets of the Charity. The Trustees intend tts rewew the assessment each ye3r In order to maintain the
effertiveness of any measures Implemented as a result of the assessmenL
The Trustees Intend to continue to advan￿ the principal aims of the Charsty and explore alternative avenues
order to athieve further progress in the future.
5tructure• governan￿ and mana8ement
The Charity is a company limited by guardntee.
The Trustees, who are a150 the directors for the purpose of company law, and who 5eThed duringthe year
and up 10 the date of signature of the financial statements were-
Mr B Williams
Mr A Wainwright
Mr P Alle
Mrs P Bagley
IAr R Hemmlngs Ideceased 25 November 20211
None of the Trvstees has any beneficial interest in the company. All of theTrustees are members of the
company and guarnntee to contribute £1 in the e¥entof a winding up.
The organlsational structure Vrill be of standard rewstration of other charities.
The Charity maintains links and works wtth anyand all partie5 who have an interesi In the hlrtherance of its
charitable objectives.
The Trustees report was approved by the Board of Trustees.
Mr B will￿￿$
rrustee
13 December 2021

TIPTON COMMUNITY ASSOCIATION LIMrrED
INDEPENDETrif EXAMINER'S REPORT
TO THE TRUSTEES OF TIPTON COMMUNITY ASSOCIATION LIMITED
I report to the Trustees on rny examination of the financial statements of ￿fe In Community C.l.C
Ithe Charity) for ihe year ended 31 MaTch 2021.
Responslbllites and basis of report
As the Trustees of the Charity land also ts directors for the purpose of company lawl you are
reponsible for the preparation of the financial Statements in accordance with the requrements of the
Companies Act 2CK)6 Ithe 2CM)6 Actl.
Havlng satisfied myself that the financial statements of the a)aTity afe not required to be audited
under Part 16 of the 2LK16 Act and are eligible for independent examination, I report in respect of my
examination of the Charity's financial statements carried out under section 145 of the Charities Act
2011 (the 2011 Act). In earrying out rny examination I have followed all the applicable Directions
glven by the Charity Commisston under section 14515llbl of the 2011 Act.
Independent exzminer's statement
I have completed my examination. I confirm that no matters have come to my attention In
contsection with the examination giwng me cause to believe that in any material respeci:
il accounting records were not kepi in resped of the Charity as required by section 386 of the
2(KJ6 Art or
lil the financial statement5 do not accord with those records.. or
iiil the financial ststement5 do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a true and falr vlew which is
not a matter considered as part of an independent examTnation.' or
I the financial statements have not been prepared in accordance with the methods and
prinuples of the Ststement of Recommended Practice for accounting and reporting by
charities applicable to chaTiiies preparing thelr accounts in accordance with the Financial
Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concems and have ctsme across no other matters in connettion with the examination to
which attentlon should be drawn in this report in order to enable a proper understanding of the
financial statements to be reached.
Xiu Mei Wiong
Apartment 31,
26 Longleat Avenue
Birmingham
B15 2EX
13 December 2021

TIPTON COMMUNITY ASSOCIATION LIMITED
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2021
Unrestricted Restricted
lunds
fvnds
2021
2021
Totsl
2021
Toial
2020
Notes
Income from:
Donations and legacies
Charitable activities
Government grants
6,550
742
5.176
45.(￿17
7,292
5.220
86,507
4,856
132,092
41,5(Xl
Total Income
50.925
99,019
136.948
Expenditure on:
Charitable acti¥ities
75,276
2,163
77,439
142,015
Net In¢omellexpenditurtl lorthe year
Net movement in funds
-27.183
48.762
21,580
-5.067
Fund balances a5 at l April 2020
-6.596
10,428
3,832
8,899
Funds balances as at 31 Marth 2021
-33.779
59,190
25.412
3,832
The statement of firbanoal activities indudes all gains and losses recognised in the year.
Ail income and expenditure derive from continulng activlties.
The staternent of financial activitie5 also complies with the requirements for an income and expenditure
account under the Companies Act 2ti)6.

TIPTON COMMUNITY ASSOCIATION UMITED
BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
Notes
Fixed Assets
Tangible assets
2,574
2.629
Current assets
Investments
Cash at bank and in hand
io
23.337
23,338
2.403
2.404
Credltors: amounts falling due withln one year
Net current a55ets
li
-1.201
22,838
1.203
Totsl assets less current liabilitles
25.412
3,832
Income fvnds
Restritted funds
Unrestricted fund5
59.19)
-33.779
10,428
-6,596
25.412
3,832
The Char¢ty is entitled to the exemption frorn the audit requirement contained in section 477 of the Companies
Act 2006, for the year ended 31 March 2021.
The Trustees acknowled8e their responsibilites for ensuring that the charity keeps accountlng record5 which
comply with section 386 of the Act and for preparing financial statements which gwe a true and fair view of the
state of affairs of the company a5 at the end of the financial year and OF its incoming ￿sourceS and application of
resource5. includlnB its incorne and expenditure, for the financial year in accordan￿ with the requirements of
sections 394 and 395 and which othen1ri5e comply with the requirements of the Companies Act 2006 relating to
financia15tatements, 50 far as applicable to the companv.
The members have not required the comp3ny to obtain an audit of its financial statements for the year in
question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions appllcable to companies
subjert to the small companies re8ime.
The financial starements were approved bythe Trustees on 13 December 2021.
Mr B Wlllams
Trustee
Company Registratlon No 08489974

TIPTON COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accountlng polides
Charity information
pton CommunityAssociation Limlted is a private company limited by guarantee incorporated in
England and Wales. The registered offjce is Brook Street Community Centre. Brook Street. fipton.
DY4 9DD. United Kingdom.
AttountlnB ¢onvention
The financial statements have been prepared in accordance with the Charity's 8overnsng document,
the Companies Act 2(MJ6 and "Accounting and Reporting by Charitie5'. Statement of Recommended
Practice applicable to charities prepaiinR their accounts in accordance with the Financial Reporung
Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounling periods
commencing fomi l January 20161. The Charity 15 a Public Benefit Entity as defined by FRS 102.
The Charlty has taken advantage of the provisions in the Ststement of Recommended Practi
(SORPI for charities applwng FRS 102 Update Bulletin I notto prepare a Ststement of Cash Flows.
The financial statements are Prepared in sterlin& which is the functional turrencyof the Charity.
Monetsry amounts in these financial statements are rotsnded to the nearest £.
The fTrnancial statements havè been prepared under the hlstorical cost convention. The principal
accounting policies are Set out below.
Going concern
Atthe tlme of approving the flnancial statements. the Trustees have a reasonable expectation ihat
the Charity has adequate resources tts continue in operational existence for the foreseeable future.
Thus the Trustees continue to adopt the going concern basis of accounting In preparin8 the financial
statements.
Charrtable funds
Unrestricted funds are avallable for use at the disuetion of the Trustees in furtherance of thelr
charitsble objertives unlessthe fund5 have been designated for other purposes. Restricted lunds are
subjecito specific conditions by donors as to how they may be used.
The purposes and uses of the restricted funds are set out in the notes to the financial 5tstements.
Endowrnent funds are subject to specific condilions bydonors that ihe capital must be maintained
by the Charity.
Incomln8 resources
Income is recognised when the charity is legally entitled to it after any performance conditons have
been met, Ihe amounts can be measured reliabty. and r( Is probable that Income will be received.
Cash donations are recognised on receipt Other donations are recognised once the charity has been
notified of the donation, unless performance conditons req￿lre defeNal of the amourni. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recoEnised at
the time of the donation.

TIPTON COMMUNttY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Incornine resourfes Icontinuedl
Legacies are recognSsed on receipt or otherwise rfthe Charity has been notilied of an Impe￿dIng
distribution, the amount is known. and receipt is expected. If the arnount is not known. the legaey is
treated as a contingent asset.
Turn¢)ver is measured at the fair value of the consideratlon received or ￿e1Vable and represents
amounts receivable for 8oods and services provided in the nornial course of business. net of
discounts. VAT and other sales related taxes.
Tanwljle fixed assets
Tangible fixed asset5 are initially measured at cost and subsequently Measured at cost or valuation,
net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values
overtheir useful lives on the followin8 bases:
Plant and machinery
15% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference betweeo the sale
pr¢xeeds and the carrying value of the assel and is recognised in net incomellexpenditurel for the
year.
Impairment of fixed assets
At each reportin8 end date. the Charity rewews the carrying amounts of its tangible assets to
determine whether there is any Indication that those assets have suffered an impairment10ss. If any
such indication exists, the recoverable amount of the asset is estimated in orderto determine the
extent of the irnpalmient loss lif any).
Intangible assets with indeffinite usefvl lives and intsnEible assets not yet available for use are tested
for impairment annualty. and whenever there is an Indicalion that the asset may be Impalred.
Cash and Cash equlvalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks. tsther short term
liquid investments with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown with borrowings in currer5t liabilities.
Flnanclal Instruments
The Charity has elected to applythe provisions of SetLion Il'Basic Financial Instruments, and Section
12'0ther Financial Instruments155ues' of FRS 102 to all of its financi81 Instruments.
Financial instruments are recognised in the ChariVs balance sheet when the Charity bKomes party
to the contractual provisions of the instrument.
Flnanclal assets and liabilities are offset, with the net amounts presented in the financial statements,
when there 15 a legally enforceable flght lo set off the ￿c0S￿1sed amounts and there is an intention to
settle on a net basis orto realise the asset and settle the liability slmultaneously.

TIPTON COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Finan¢lal Instruments {continued}
Impairment of financial assets
Financial assets. other than those held at fairydlue through income and eKpenditure. are a￿esSed for
Indicators of irnpaiment at each reporting date. Finanoal assets are impaired where there is
objective evidence that. as a result of one or rnOTe events that occurred after the illitial recognition of
the financial asset, the estimated future cash flows have been affected.
If an asset is impaired. the impalrment loss is the difference between the carrying amount arnd the
present value of the estimated tash flows discounted at the asset's original effective interest rate. The
Impalrment105s is recognised in net lexpenditurelrtncome for the year.
If there is a decrease in the impairment105s aiising from an event occurring after the impairment was
recognised. the impaiment is reversed. The reversal is such that the current carrying amount does
not exceed what the carrying amount would have been, had the impairment not previously been
rewsnised. The impairmeni reversal is recognised in net lexpenditurel/iTrcome for the year.
Dere¢¢)8nition of finanaal a55ets
Financial assets are derecognised onlywhen the tontractual rights to the cash flow5 from the asset
expire or are settfed. or when the Charity transfers the financial assets and substantlally all the risks
2nd rewards of ownership to another eThtity. or if some stgnificant risks and rewards ol ownership are
retained but control of the asset has tranSfe￿d to another party ihat is able to sell the asset in its
entirety to an unrelated third party.
Ba51t finandal liabilities
BasTrc financial liabilities, Including creditors and bank loans are initially recognised at transaction price
unles5 the arrangement constitutes a financial transaction. where the debt instrument is measured at
the present value of the future payments discounted at a market rate of interest. Financial liabilities
cla55ifed as payable within one year are not amortised.
Oebt Instruments are subsequentlycarried at amortised c05L using the effective interest rate method.
Trade creditors are oblFgation5 to payforgoods or semces that have been acquired in the ordinary
course of operatlons from suppliers. Amounts payable are das5ifed as current liabilities if payment is
due within one year or less. If not. they are presented as non current liabllites. Trade creditors are
recognised inilia51y at transaction proce and subsequently measured at amortised cost usingthe
effective interest method.
D¢rèco8nftlon of financlal liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are dlscharged

TIPTON COMMUNTfY AssoaATION UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINVEDI
FOR THE YEAR ENDED 31 fvIARCH 2021
Employee beneffts
The cost of any unused holiday entitlemen1fj5 reca8rdsed in the in whith the empl￿e'S seNces aTe re￿Ived.
Termination bettefits are recogntsed Immediatelyas an expense when Ehe Charityis demonstrabty commltted to
tÈmiinate the empioymentof an employee orto prthide termination benefits.
Donationsand kgacies
Unre5trirted
fvnds
2Qtt
Unrestrided
funds
2020
Donètlons and gffts
6,550
4.856
Cha￿table
Caml¥all
(anal festival
santa's dei8h
2011
Annual
Minibus &
acti￿tIeS photowpier
2021
2021
General
events
2021
Total
Z021
Totsl
2020
Sales within tharit8ble
ctNitles
S,176
5.220
132,092
Anatygs by fund
UnrÈstricted fund5
Restricted funds
5,176
5.220
130,663
1,429
132,092
S.176
5.220
Forthe yearemded 31
March 2020
Unrestricted funds
Restricied hJnd5
85,945
1.429
87374
3.463
25.171
16.084
130.663
IA29
132,092
3,463
25.171
16.084
Gwernment grants
Due to the Cowi&19 pandemk, the Charityhas recfftd 8o%vrmentgranis lor the support tost purposes whleh
includes staff furfough wages.
io

TIPTON COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
charl￿ble actlvities
Charitable
Expenditure Recharge
Total
2021
Total
Z020
Projects
Mini bus and photocopier
Hire and attivitie5
Events expense
p￿blic[ty expense
3,946
S,584
19,845
11,422
744
2,163
2,163
2.163
2.163
75.276
41,541
ICK>,474
Share of governance costs Inote 61
75.276
2.163
75.276
77.439
142,015
Support costs
Support
Govemance
tosts
Total
2021
2020
Staff costs
Depreciation
Rates
Insurance
Light and heat
Repairs and Maintenance
Postage and stationery
Telephone
Sundry
AccountaFbry
49,113
1.620
49,113
1,620
64.799
1.578
4.083
2,904
10,034
5,226
314
570
9.634
1,332
2.729
5.629
7.685
182
742
7,444
132
2,729
5,629
7.685
182
742
132
75,276
75,276
100,474
Analysed be￿eert
Charitable artivities
75.276
75.276
108,080
Governance costs includes payments to the auditor5 of E5(K)120211 for audit fees.
Trustoes
None of the Trustee5 lor any persons connected with iheml ￿e1ved any remuneration during the year.
li

TIPTON COMMUNITY ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
Employees
Numberof employees
The average monthly number ofemployees durFngthe year was:
2021
Number
2020
Number
Employment tosts
2021
2020
Wages and salaries
49.113
64,799
Tanglblefixed assets
Plant and
mathinery
Motor
¥ehides
Total
Cost
At l April 2020
Additions in the year
At 31 March 2021
10,524
1,565
12,089
6,211
16,735
6,211
16,735
Deprecbation and Impabnnent
At l April 2019
Charge for the year
At 31 March 2020
Charge for the year
At 31 March 2021
6,317
1,578
7,895
1.620
9.515
6.211
12,528
1,578
14,106
6,211
6,211
14.106
Carryingamount
At 31 March 2020
2,629
2,629
At 31 March 2021
2,574
2,629
12

TIPTON COMMUNITY ASSOCIATION UMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2021
io
Current asset Investments
2021
2020
Unlisted investments
li
reditors: amountsfalllng due within onè year
2021
2020
Other creditors
Accruals and deferred incomè
51JO
1,2
501
1.201
12
Analysis of net assets between funds
Unrestricted Restrided
2021
2021
Totsl
2021
Totsl
2020
FuNd balances at 31 March 2021 are
represented by..
Tangible assets
Current assetsllliabilitiesl
2.574
22.838
2.629
1.203
2,629
1,203
25411.81
3.832
3.832
13