## **Trustees' Annual Report for the period** 

|||Period|start date|start date|||Period end date|Period end date|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||**T**|||||
||**From**|1|4||2023|**o**|31|03|2024||



## Section A                        Reference and administration details 

**Charity name** Lye community centre 

## **Other names charity is known by** 

**Registered charity number (if any)** 1164124 

|**Charity's principal address**|Lye Community Centre|Lye Community Centre||
|---|---|---|---|
||Crosswalks Road|||
||Lye , Stourbridge|||
||**Postcode**|DY9 8BY||



## **Names of the charity trustees who manage the charity** 

- **Dates acted if not for** 

- **Trustee name Office (if any) whole year** 

- Christine Squires CHAIR 

- 1 2 Duri Latif SECRETARY 3 Sarvean Akter TREASURER 4 5 6 

- 7 8 9 

- 10 11 

**Name of person (or body) entitled to appoint trustee (if any)** 

March **2012** 

**TAR** 

1 



12 13 14 15 16 17 18 19 20 

**Names of the trustees for the charity, if any, (for example, any custodian trustees)** 

**Name Dates acted if not for whole year** 

## **Names and addresses of advisers (Optional information)** 


**----- Start of picture text -----**<br>
Type of adviser Name Address<br>Name of chief executive or names of senior staff members (Optional information)<br>**----- End of picture text -----**<br>


## **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

Type of governing document CONSTITUTION (eg. trust deed, constitution) 

How the charity is constituted 

CIO 

- (eg. trust, association, company) 

Trustee selection methods ELECTED BY MEMBERS AT AGM 

(eg. appointed by, elected by) 

## **Additional governance issues (Optional information)** 

March **2012** 

**TAR** 

2 



You **may choose** to include additional information, where relevant, about: 

- policies and procedures adopted for the induction and training of trustees; 

- the charity’s organisational structure and any wider network with which the charity works; 

- relationship with any related parties; 

- trustees’ consideration of major risks and the system and procedures to manage th 

We have an organisational structure diagram which informs those new to the charity, particularly new trustees about how we operate and the relationships between trustees, volunteers and members. 

Our charity has the following policies and procedures in place: 

   - Health and safety 

   - - Child protection and safeguarding vulnerable adults (and appropriate DBS checking procedures) 

   - Equality and diversity 

- Liability insurance 

- Risk assessment policy for COVID-19 

- Sustainability policy 

- Complaints Policy 

- Fire Regulations policy 

The Lye Community Centre works closely with partner organisations from both the public sector and not-for-profit/charitable sector. These include: 

- Department for Work and Pensions 

- Christ church 

- DIYYA 

- Lye Library -    Reaching for Change (community group supporting Roma communities) 

- Dudley Council Public Health Sector 

- Dudley CVS 

- Dudley Council Adult & Community Learning 

- Dudley Council/Community Development Workers 

- Job Centre Plus 

All trustees give their time voluntarily and receive no other benefits. 

## **Section C                    Objectives and activities** 

**Summary of the objects of the charity set out in its governing document** 

To promote the benefit of the inhabitants of Lye and it’s surrounding areas of Dudley Borough, without the distinction of; sex, sexual orientation, race or of political, religious or other opinions. By associating together the said inhabitants, the local authorities, voluntary and other organisations to collectively work together in a common effort to; advance education, to relieve poverty & sickness, to provide facilities in the interests of social welfare for recreation and leisure time purposes. The objective being to improve the conditions of life for the above inhabitants. 

March **2012** 

**TAR** 

3 



In planning our activities & bookings for the year, trustees were mindful of the Charity Commission’s guidance on public benefit, ensuring that our activities meet our constitutional aims & objectives. Through the success of our funding application made to “Awards For All,” we delivered the following courses & community event at the Lye Community Centre. Activity- English Classes and it’s benefits for the wider community: Better communication between families/generations. This means that parents can help children with something as simple as their homework / education. It also helps to prevent children in our community from being exposed to grooming /radicalisation as they can better communicate with their parents or older family members about any arising issues and concerns. Due to the growing influx of the Roma community residing in Lye , there has been a lot of hostility mainly due to the language barriers between all the diverse communities. To help improve, develop and create healthy relationships and build on community cohesion, it was vital that the focus was prioritised on those activities that were delivered based on common grounds and which supported better communication and linking people together. Activity  – Health & Fitness and it’s benefits for the wider community: Happier and healthier communities, improved fitness levels, better management of health conditions, decreasing the burden off the NHS, a facility which is based local, easily accessible and affordable . An activity delivered at your local community centre can help you know **Summary of the main activities** your neighbours and build new bridges of friendship and develop **undertaken for the public** integration . **benefit in relation to thesobjects (include within** Activity- Winter Bazaar **this section the statutory declaration that trustees have** An annual community event delivered during the winter school **had regard to the guidance** holidays, a social event inviting the local community to come join a fun **issued by the Charity** and entertaining day out . Main purpose being to use the centres **Commission on public benefit)** platform to bring all the diverse communities together, sharing food, music, laughter, games and each other’s culture. Learning and finding common grounds to help bring a community together. The Lye Community centre as well as offering opportunities for community based initiatives, is also a place of hire. During the weekdays the centre is booked out to regular/permanent user groups, who provide a wide range of services to support the needs of the local community. Activities include; Boxercise Dance For Health Fitness Classes ESOL/I.T Health Checks Support group for the disabled & special needs adults Support group for disabled children & carers Senior Citizens support group Youth Clubs Crafters club Holiday clubs Community events Musicians Jobseekers & benefit advice Confidence building and skill development courses & workshops. 

March **2012** 

**TAR** 

4 



**Additional details of objectives and activities (Optional information)** 

We are very grateful for the enormous contribution made by our volunteers. Inclusive of the trustees the centre is currently managed by skilled and experienced staff (unpaid) whom have received governance training from Dudley CVS. Each voluntary member works with passion and dedication taking on the roles and responsibilities that are required to enable the centre to function adequately and provide a facility that is fit for purpose. 

You **may choose** to include further statements, where relevant, about: 

- policy on grantmaking; 

- policy programme related investment; 

- contribution made by volunteers. 

## Section D                      Achievements and performance 

March **2012** 

**TAR** 

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## Section D                      Achievements and performance 

|**Summary of the main**<br>**achievements of the charity**<br>**during the year.**|This year the charity has reached significant milestones, including the<br>recruitment of more dedicated volunteers who freely contribute their<br>time, ensuring the smooth operation of the centre. Additionally the<br>refurbishment has increased the centre’s capacity attracting more<br>bookings. By fostering new partnerships the charity has successfully<br>appealed to professional organisations, such as colleges and health<br>professionals who now use the centre to deliver their services due to its<br>convenient location and accessibility.|
|---|---|



March **2012** 

**TAR** 

6 



## **Section E                    Financial review** 

**Brief statement of the charity’s policy on reserves** 

At the end of the financial year, we held £16747 cash in the bank, which will help to cover costs for the next financial year. We do not currently have a reserves policy. 

**Details of any funds materially** Not applicable **in deficit** 

## **Further financial review details (Optional information)** 

You **may choose** to include Our principal source of funding this year has been from room hire. additional information, where relevant about: 

- the charity’s principal sources of funds (including any fundraising); 

- how expenditure has supported the key objectives of the charity; 

- investment policy and objectives including any ethical investment policy adopted. 

## **Section F                     Other optional information** 


## **Section G                    Declaration** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s)** 

> **Full name(s)** Sarvean Akter Durdanna Latif 

March **2012** 

**TAR** 

7 



> **Position (eg Secretary,** Treasury Secretary **Chair, etc)** 

> **Date** 31/01/2025 31.01.2025 

March **2012** 

**TAR** 

8 



LYE COMMUNITY CENTRE
Charity No. 1164124
Trustees, Report ond Unaudited Accounts
31 March 2024

LYE COMMUNITY CENTRE
Contents
Page5
2to3
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Statement of Cash flows
13
Notes to the Accounts
7t012
Detailed Statement of Financial ArtivÉties
14to15
Pège I

LYE COMMUNITY CENTRE
Tiustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended
31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1164124
Principal Offl¢e
Cross Walks Road
Lye
stourbridge
DY9 8BH
Trustees
The following trustees served dur￿n8 the year..
S. AKTER
D. L4TIF
C.E. SQUIRES
Key Management Personnel
Chair
Christlne Ellzabeth Squlres
Sarvean Akter
Durdanna Latif
Accountants
TAS ACCOUNTANTS
412 HIGH STREET
SMETHWICK
WEST MIDLANDS
866 3P1
Statement of tru5tees' responsibilities In relatlon to the financial statements
The charity trustees are responslble for preparing a trustees, annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kin8dom Generally
Accepted Accounting Practicel.
The trustees are responsible for keeping proper accountinE records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act 2011, the applicable Charities IAccounts and Reports) Regulations, and the
provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and
hence taking reasonable step5 for the prevention and detection of fraud and other irregularities.
Si8ned on behalf of the charity's trustees
D. LATIF
Page 2

LYE COMMUNITY CENTRE
Trustees Annual Report
Trustee
28 January 2025
Page 3

LYE COMMUNITY CENTRE
Independent Examiners Report
Independent Examlner'5 Report to the trustees ol LYE COMMUNITY CENTRE
I report to the trustees on my examination of the financial statements of LYE COMMUNITY CENTRE for the
year ended 31 March 2024.
Responsibllities and basis of report
As the chality's trustees you are responsible for the preparation of the financial statements in accordance
with the requirements of the Charities Act 20111'thè Act'l.
I report in respect of my examination of the charity's financial statements carrled out under sectlon 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Comm15sion under section 14515llbl of the Act.
Independent examlner'5 Statement
I have completed my examlnation. I can confirm that no material matters have come to my attention in
connectlon with the examination giving me cause to believe that in any material respect:
the accounting records We￿ not kept In respecr of the charlty as required by section 130 of the Act,. or
• the financial statements do not accord with those records,. or
• the financial statement5 do not comply with the applicable requirements concerning the form and
ontent of financial statements set out in the Charities (Accounts and Reports) Re8ulations 2008 other
than any requirement that the financial statements give a 'true and fair. view which 15 not a matter
considered as part of an independent examlnatlon.
I have no concerns and have come across no other matters in connection with the examinatlon to whlch
attention should be drawn in thls report In order to enable a proper understandln8 of the flnancial
statements to be reached.
GCOUNThP4T$
412 Higb StYO0t,
Srnetkn4vlGb 666 3PJ
TAS AC
OUNTANTS
412 HIGH STREET
SMETHWICK
WEST MIDLANDS
866 3PJ
28 january 2025
Page 4

LYE COMMUNITY CENTRE
Statemem of Financial Activlties
for the year ended 31 March 2024
Re5trirted
funds Totsl funds Totsl funds
2024
2024
2023
Notes
Income and endowments
from:
Donations and legacies
(Grantsl
Charitable activities
Other trading
artivitieslvenue Hirel
64,996
15,232
64,996
186,185
15.232
16,148
16,148
Total
96,376
96,376
186,185
Expenditure on:
Aaising funds
Charitable activities
Other
638
74,850
638
74,850
40,954
Total
78,488
78,488
40,954
Net gains on investments
Net Income
17,888
17,888
145,231
Transfers between funds
Net Income before other
8alnsll105sesl
17,888
17,888
145,231
Other galns and losses
Net movement In lunds
17,888
17,888
145,231
Reconclliatlon of funds:
Total funds carrled fon¥ard
17,888
17,888
145,231
Page 5

LYE COMMUNITY CENTRE
Balance Sheet
at 31 March 2024
Charity No. 1164124
2024
2023
Current assets
Cash at bank and in hand
16,747
16,747
1,141
2,181
2,181
110,9021
18.7211
18,7211
18,7211
Creditors: Amount falling due within one year
Net current aS5etsllliabilities)
Total assets less current liabilities
io
17,888
17,888
Net assetsllliabilitiesl excluding pension asset of liability
Total net assetsllliabilities)
17,888
17,888
18,7211
The funds of the charity
Restrirted funds
Unrestricted funds
li
li
General funds
17,888
18,7211
18,7211
17,888
Resep4es
li
Total funds
17,888
18,7211
Approved by the trustees on 28 January 2025
And signed on their behalf by=
S. AKTER
Trustee
28 January 2025
Page 6

LYE COMMUNITI CENTRE
Notes to the Accounts
forthe year ended 31 March 2024
l Accounting pollcies
Basls of preparation
The financial statements have been prep3."ed in accorda-..ce with Statement of Recommended Practice..
Accounting and Reporting by Charities preparin8 their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Act 2011.
Change In basis of accounting or to pre¥ious accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no chan8es have been made to accounts for pievious years.
Fund accountlng
Unrestricted funds These are availabl• for use at the discretion of the trustees in furtherance of the
general objects of the Ci iarity-
These are unrestrirted lunds earmarked by the trustees for particular purposes,
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available fo.. use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restrlcted funds
Income
Recognition of
income
Income is included ift the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, virtually ctrtain to receive, the income and the èmount of
the income can be measured with suff:cient reliabilitv.
Income with related Where income has related expenditure the income and related expenditure 15
expenditure
reported 8ross in the SOFA.
Donations and
legacies
Voluntary income received by way of 8raiits, donations and gifts is included in the
the SOFA when recetvèble and only whei the Charity has unconditional entitlement
to the income.
Tax reclaims on
Income from tax reclaims 15 included tn the SOFA at the same time as the
donations and gifts giwdonation to wP.ich it relates.
Donated services
These are only inclL,ded in income (with ai equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunleer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gainslllosse51 on
This include5 any gain or loss resultin8 from revaluing investments to market value
revaluation of fixed at the end ot the year.
assets
Gainslll0ssesl on
investment assets
This includes any gain or105s on the sale of investments.
Page 7

LYE COMMUNITY CENTRE
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntsry income, fundraising
raisingfunds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activitie5 and
charitable activities services in the furtherance of its objects, including the making of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirement5 of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
These are SLtpport cost5 not allocated to a particular artivity.
Grants payable
Governance costs
Other expenditure
Taxation
The charity is exempt from tax on its charitable artivities.
Freehold in¥estrnent property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair
val*Je which is the amount the charity would have been willing to pay for the items on the open market.
Trade ond other 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.
Cash and cash equNalents
Cash and cash equivalent5 cornprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial position. bank overdrafts are shown within borrowing5 or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Page 8

IYE COMMUNITY CENTRE
Notes to the Accounts
Research and development
Exper>diture on research and developmentr.,s written off in the year in which it 15 incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the funrtional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the furictional currency of the charity are Tecorded at the rate of
exchange on the date th3t the transaction occurred.
All exchange differences are are taken into account in ar,"iving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease whicl er.tails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated *S a finance lease.
Lease5 which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finan￿ leases are initially recogni5ed as assets of the charity at their fair value at the
inception of the lease or, if lower, at the present value of ihe minimurn lease payments. The
corresponding liabil,"ty to tne ,e55or is includ-o In the balaiice sheet date as a finance lease obligation.
Lease payments are apportioned between finance expen5e> and reduction of the lease obligation so as to
achie'Je a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately, unless they are directly attributatile to qualifying assets, in which case they are
capitalised in accordance with the charity'5 wlicy on borrov4ing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised a5 an expense on •i Straight-line basis over the lease tem.
In the event that lease incentives are recewed to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental
expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for it5 employees. A defined contribution plan 15
pension plan under which the Charity pays fixed contribution) into a separate entity. Once the
contributions have been paid the charity has further payments obligations. The contribution5 are
recognised as expenses when they fall d,,
Arp.ounts not paid ore shown in accruals in the b31an¢e sheet.
The assets of the plan are held separately from the charity in independently administered fund5.
Receipt of donated goods. facilities and 5eTrice5
All donated goods, facilities and seNices recei¥ed are recognised within incoming resouices and
expenditure at an estimate of the value to the charity.
Page 9

LYE COMMUNITY CENTRE
Notes to the Accounts
2 Statement of Financial Activities- prior year
2023
2023
Income and endowment5 from:
Donations and legacies
(Grant51
Charitable artivities (Venue
Hirel
175,765
175,765
10,421
10,421
Total
186,186
186,186
Expenditure on".
Other
194,906
194,906
Total
194,906
194,906
Net income
18,7201
18,7201
Net income before other
gainslllosses)
Other Bains and losses:
Net movement in funds
18,7201
18,7201
18,7201
18,7201
Retonciliation of funds:
Total funds carried forward
18,7201
18,7201
3 Income from donations and legacles
Restrlrted
Total
Total
2023
2024
Grants IRestrictedl
64,996
64.996
64,996
64,996
186,18S
186,185
4 Income from charltable artivities
Unrestrlcted
Tota
Total
2024
2023
Donations (Unrestricted)
15,232
15,232
15,232
15,232
5 Income from other tradin8 artivities
Unrestricted
Total
Total
2024
2023
Vet)kJe hire Iunrestrictedl
16,148
16,148
16,148
16,148
Page 10

LYE COMMUNITY CENTRE
Notes to the Accounts
6 Expenditure on raising funds
Unrestricted
Total
Total
2024
2023
Fundraising troding costs
3,000
3,000
3,000
3,000
7 Expenditure on charltable artivities
Unrestricted
Total
Total
2023
2024
Expenditure on choritable
octivities
525
525
113
113
Governonce costs
638
638
8 Other expendFture
Unrestricted
Total
Total
2024
2023
Employee costs
Premises costs
2,333
63,475
3,742
5,300
74,850
2,333
63,475
5,828
4,352
8,174
22,600
General admlnistrative costs
Legal and professional cost5
3,742
5,300
74,850
40,954
9 Staff costs
2024
2023
Salaries and wages
2,333
2,333
3,905
3,905
No employee received emolument5 in excess of £60,000.
10 Creditors:
amounts falling due within one year
2024
2023
Other creditors
11,1411
11,1411
10,902
10,902
Page 11

LYE COMMUNITI CENTRE
Notes to the Accounts
11 Movement in funds
Incoming
resources
Ilncludin8
other
8alnsllosses
At31
March
2024
Resources
expended
Restricted funds:
Unrestricted funds:
General fvnds
96,376
178,4881
17,888
Tot81 funds
12 Analys15 of net assets between funds
96,376
178,4881
17,888
Unrestrlcted
funds
Restrlcted
lunds
Total
Net current assets
16,747
16,747
1,141
1,141
17.888
17,888
13 RKonclllatlon of net debt
At31
March
At l Aprll
2023
Cash flows
2024
Cash and cash equivalents
2,181
2,181
14,566
14,566
16,747
16,747
Net debt
2,181
14,566
16,747
Page 12

LYE COMMUNITY CENTRE
Statement of Cash flows
forthe year ended 31 March 2024
2024
2023
Cash flows from operating actlvitles
Net income/lexpendlture) per Statement of Financlal Attlvities
17,888
18,7201
Adjustments for:
IDecreaselllncrease in trade and other payables
112,0431
10,902
Net cash provided by operotlng actlvltles
5,845
2,182
Net cash from Investlng acti¥itles
Net cash from flnanclng artlvitie5
Net Increase In cash and cash equlvalents
5,845
2,182
Cash and c•sh equlvalents at the be8lnnln8 of the year
2,181
2,181
Cash and cash equlv•lents at the end of the year
8,026
4,363
Components of cash and cash equlv8lents
Cash and bank balances
16,747
2,181
16,747
2,181
Page 13

LYE COMMUNITY CENTRE
Detailed Statement of Financial Activities
for the year ended 31 March 2024
Restricted Total funds
2024
2024
Total funds
2023
Income and endowments from:
Donations and legacies
Grants IRestrictedl
64,996
64,996
64,996
64,996
186,185
186,185
Charitable actlvltles
Donation5 (Unrestricted)
15,232
15,232
15,232
15,232
Other trading activities
Venue hire Iunrestrlctedl
16,148
16,148
16,148
16,148
Total Income and endowments
96,376
96,376
186, 185
Expenditure on:
Costs of other trading activities
3,000
3,000
3,000
3,000
Total of expendlture on ralslng
funds
3,000
3,000
Charitable activities
525
525
113
113
638
638
Total of expendltufe on charltable
actlvlties
638
638
Employee costs
Salaries/wa8es
Temporary staff
2,333
2,333
3,905
1,923
5,828
2,333
2,333
Premise5 Costs
Rates
600
6W
473
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
5,692
753
5,692
753
3,879
56,430
56,430
63,475
63,475
4,352
General administrative costs,
intluding depreciation and
amortisation
Bank charges
Equipment expensed
156
156
264
7,200
1,869
1,869
Page 14

LYE COMMUNITY CENTRE
Detailed Statement of Financial Actlvities
Software, IT support and related
costs
Subscription5
Sundry expenses
Telephone, fax and broadband
139
570
570
1,144
3,742
1,144
3,742
571
8, 174
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
500
soo
500
22,100
22,600
4,800
5,300
4,800
5,300
Total of expendlture of other costs
Total expenditure
Net gains on investments
74,850
74,850
40,954
78,488
78,488
40,954
Net Income
17,888
17,888
145,231
Net Income before other
8ains/llossesl
Other Gains
17,888
17,888
145,231
Net movement in funds
17,888
17,888
145,231
Reconclllatlon of fund$:
Total funds brou8ht forward
Total lunds carried forward
17,888
17,888
145,231
Page 15

LYE COMMUNITY CEKfRE
Independent Examiners Report
lndepw￿ent Examlner's Report to the trustees ol LYE COMMUNifi CENTRE
I report to the trustees on my examination of the financial statements of LYE COMMUNITY CENTRE for the
vear ended 31 March 2024.
Responsibilities and basls of report
As the charity's tTUStees you are responslble for the preparation of the financlal statements in accordan
with the requirements of the Charities Art 20111'the Act'l.
I report in respect of my examination of the charity's financial statements Ca￿led out under 5ettion 145 of
the 2011 Act and in carryinB out my examination I have followed all the applicable Dirèctions given by the
Charity Cornmission under sertion 14515llbl of the Act.
Independent examlner's ststement
I have completed my eKamination. I can confirni that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material ￿SpeCt.
the accounting records were not kept in respect of the charity a5 required by section 130 of the Act- or
the financial statements do not accord wf(h those records. or
the financial statements do not comply with the applicable requirements concerning the form and
content of financiol statements set out in the Charities (Accounts and Reports) Regulation$ 2Q)8 other
than any requirernent that the financial statements ￿ve a 'true and fair, view which 15 not a matter
considered as part of an independent examlnatlon.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be ￿aChed.
412 Higb Street.
S￿eth¥ll6% B66 3PJ
TAS AC
OUNTANTS
412 HIGH STREET
SMETHWICK
WEST MIDLANDS
866 3PJ
28January 2025
Page 4