Charity registration number. 1165712
Royal Sutton Coldfield Community Town Hall Trust
knowm as
SCART
Annual Repon ond Financial Styternents
for the Year Ended 30 April 2024

Royal Sutton Coldfield Comnjunity ToJYn Hall Trust
known as SCART
Contents (continued)
Truste¢$' Report
Ito4
Reference And Admini8tralive Dethils
Sthtement of Ttustees, Responsibilili¢S
Independent Examine￿9 Report
Statem¢nt of Financial Activities
Balance Sheet
Notes to the Financial Statemenls
101018

Royal Sutton Coldfield Community Toivn Hall Trn5t
known as SCART
Trnstees, Report
The trustees present the annua] report togeth￿ with the financial statements of the charity for th¢ year ended 30 April
2024.
Trusttes
C Bridges, (Co-chair Business)
R Mason. (C(pChair Arts)
R Ludlam, (Trwurer)
J Calms
D Pear&
K Ward
R Walton
K Hu5sain
M Evan8
A M Sirnpson
E Carnell, Interim Venue Manager (to 0810212024)
E Carnell, General Mana8er (From 08102Q024)
Senlor MAll8ger /
l*ad¢rshlp TeAm
Ch*rlty Re81gtrntlon Numlxr
1165712
Prlnclpal Offiee
Royal Sutton Coldfield Town Hall
Upper Clifton Rd
sUt￿n Coldfield
B73 6DA
Independent Ex8mlDer
Bissell & Brown Midlands Ltd
Chartered Certified Accountants
ChJrt¢r Houge
56 High Street
Sutton Coldfield
West Midlands
B72 IUJ
Page I

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Trustees, Report (continued)
ObJectiv¢s and aetlvltles
Objects ond alm5
To further or benefit the residents of Sutton Coldfield, North Binningham communities of Erdington. Siockland Green,
Great Ba)T, and the neighbourhood, without di51inction of sex, sexual orientation, race or political. religiou$ or other
opinions, by a5sociaiing together the said residents and the local authorities, Voluntary and other organisations in a
comTnon effort to advance educaiion and ￿ provide facilities in the interests of entertainment for recreation and leisure
time occupation with the objective of improving the conditions of life and education through the arts of the residents.
In furtherance of these objects but not otherwise, the Trus¢ees shall have power: _
to establish or se¢ur¢ the establishtnent of Sutton Coldfield Town Hall. and
to maintain or manage or co-operate with any ststutory auihority in the maintenance and management of this property as
centre for activities promoted by the Charity in ￿tth¢rance of the above object5.
The TTUSt'y mission is for people to have the ability to develop creative ideas and to partake in arLs and reereational
activitie5, by providing the facilities and opportunitie5 to enable perfonnance. education, group work and so¢ial events and
in so doing preserve and protect a historic building at the heart of the Royal Town ofsullon Coldfield.
dev¢lop a mo¢ivat¢d and skilled staff learn working with an additional team of volunteers to maximise revenue, improve
¢￿i¢l¢￿¢Y and deliver more 5¢rvic¢5 and ￿tIvItieS for le55 ¢08t,
generate new income for the Royal Town of Sutton Coldfield through incre&sing footfall through the Town Hall,
build a'sinking ￿nd, for the ongoing mainienance of the building, and
stage a major appeal to raise circa £5 million for a Renovation Project to trAnsforn] the building into & fit-for-PUTpose
modern hub for rheatre, music and arts.
The Trustees anticipate that, with its charitsble status, strong volunteer network, and support of local busine55¢s and other
organisation5, Sutton TO￿￿ Hall will continue to provide a range of activities and 5ervice5 currently availabl¢ and d¢v¢lop
new ones.
FAndrqlslng dlsclos4res
This was a v¢ry Challenging year for the Trust. Our fundraising efforts were severely restri¢t¢d by laek of resources to
focus on applications and ihe nature of the fvnding bodies focus a5 they adjusted post ¢ovid.
No significant fund5 were raised during ihe period for either operational support or renovation application.
Public donations of £793 were receive¢ general dOn￿l￿nS added to restricted fimds and specific don&tion5 to operational
P&L
Major capital ￿ndraising for the Renovation Project has on¢e again been held in abeyance during this period.
The trustees confimi that they have complied with the requirements of se¢tion 17 of the ChArities Aet 201 I to have due
regard to ihe public ben¢fit guidance published by the Charity Commission for England and Wales.
Pag¢ 2

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Trustees, Report (continued)
Golni conee
The accounrs have been prepared on a going concern basis. The charity returned a nei loss of £l15.369 in the year.
resulting in a net balance sheet surplus of £116.516 at 30 April 2024.
The Trnstees recogni5e that the stafying model for the operalional bu5ine5s has been ineffe¢tive. Going forward into
2024125 th¢ Tntst expects to complete a full organi5ational review and implement a restrltcture.
The risk to the operdting business through building dilapidation ahead of the Renovation Project remains. This risk
continues to have been effectively managed, however. th¢ Trusie¢s r¢co8nis¢ that this is an orea for urgent focus in
2024125.
Flnanclil revlew
2023-24 has b¢¢n anoihcr Challenging year for OpeTalions. The e95ential re-structuring adiyity ¢omplet¢d in this period
$¢riously a(f¢cl¢d gur ability to conduct busine55 a5 usual. The full bu5ine5s plan was refreshed under the auspices of the
Transfomiation Proje¢t and application wa5 made to Royal Sutton Coldfield Town Council for a cash flow r¢lief loan of
£IOOK. this was granted in October 2023 and enabled the Trust to continue operation5. This loan and a pr¢viou5 loan are
embedded in the business plan and all repayments are up to date.
A significant £70,002 operating losy was incurred {£114.192 net movement of unrestricted ￿ndS off-set ihrough £44,190
of designated fund uiilisation for exceptionol operating expenges).
A5 planned. El full organisational review was completed in the finartcial year 2023124, a new 5 year business plon created
and structural changes implemented including o number of giaff ¢honges.
Aciive capital fundraising was again Slow during this period,. however the Trusi ha$ progressed fvnding from the West
Midlands Combined Authority to en8ble roof repairs and other essential works. This fvnding was ogreed in principle in
D¢¢ember 2023, but detailed funding a¥reement5 were not completed within this financial year. it is expecied thai ihese
fvnds will achieved durin8 the FY 2024f25.
The Trust was ITr receipt ora £IOK grant from the CritTel Tn￿1 to assist with building improvemenis.
Achiev¢m¢nl$ 4nd ￿rfornianc¢
This y¢ar hag been very focused on achieving the structural changes necessary to enoble the Trust's trading model to
succ¢¢d. By the year end or8anisational changes had largely been completed and actions underway to address the
procedural improvement5 required within the troding operations. The Trust is confident a sustainable trading Position
will b¢ achi¢vcd during ihe next financial year.
Although capital ￿ndraiSIng has been slow, the agreement in principle for an £800K grant from the W¢$t Midlon(ts
Combined Authority is a key achievement and should make a real difference 80ing forward.
Page 3

Royal Sutton Coldfield Community Town Hall Trust
knoivn as SCART
Trustees, Report (¢ontinued)
Alms and key objectives for future peTlods
2024-2025 accounting t￿riOd should be a year of consolidation of operations for the Town Hall, building on the
operational re-structure and thould allow focu5 to be given to progressing the Renovation ProjE¢l.
The Trust will prioritise the following objEctives=
['. Development of the capital funding program and funding requests
2.. ConfirnJin8 the emergency fimding specifically for the roof repaiT and comm¢n¢¢m¢n¢ of the program
3.. P051 re-organisation tradin8 improvements leading to sustainable tradin8 perfoTmance.
4.. Expand the portfolio to ¢ncornpa5s a wider range of th¢ arts and culiural spectrum
Str¥etiir¢? governanee and management
The tnjstees confimi that they have complied with the requirern¢rtts of section 4 of the Chariiie$ Act 2011 to have due
regard to the public benefit guidance published by the Charity Commission for England and Wale$.
The Trusi 15 8 Charitable Incorporated Association (CIO) registered with Charities Commission 23rd Feb 2016 with the
charity number 1165712.
The strUc￿re of the Board wa5 amended by special meeting on the 26th June 2023, The Chair was split into two ¢l¢ments
with Claire Bridge5 becoming Co-chair {Bu5iness) wilh responsibility for strdte8y and busine55 planning, operation5,
finan¢es, stafF/HR, annual delivery plans and monitoring, tran5fomiation plan io create a new, fit.for-purpose operdtions
model. Capital Appeal and carnpaign and ¢hairing Board meetings.
Richard Mason becoming Co-chair {Arts) with responsibility for future artislic ambitlOll5, 5¢eking and ¢5tablishing arti$¢i¢
partnerships, artistic ambassador for the Trust and initiation of new artlStic prop05als.
As staled previously. the Trust undertook a fvll operational reaorganisation during this financial p¢riod led by external
Business Transfomation consultant$. A key component of this effort was to str¢ngth¢n the business processes ond
resilience of the organisaiion.
lure ofgovernlng documenl
The Trust 15 governed by a constitution last amended in July 2018 in PTeparation for transfer of the freehold of ihe
building to ihe Trust and at this point the charitable aims were updated and the Trust renamed (frorn Sutton Coldfield Arts
& Recreational Trust).
manaxemen1frnn￿w0rk
All strategic decision making is undertaken at Trustee Board level, day to day management is undertaken by the appointed
senior manager- Liz Carnell, who was appointed interim Venue Manager on 7th Aug 2023 and subsequently confirnied
as General Manager 8th February 2024
The Trust was represented during this period by Enoch Evans LLP solicitors and utilised Lloyd5 banking service5.
Poliey and priKedurcs and HR poli£ics arE the responsibility of the senior manager, who is support¢d by a proftssional
HR advi50r {HR Caddy of Upper Clifton Road, Sutton Coldfield).
The Trust carries out a wide range of ongoing risk asse55Tnents and the associated policies are the responsibility of the
Managing Director. The Trust has a continuously developing Business Continuity plan.
Page 4

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Funds held as custodian trustee on behalf of others
Descnplion ofihe assets held in cap&eity
The Trust is Continuing to provide a bankin¥ facility for th¢ Tudor Community Sports TTUSL holding cash on their behalf
and enacting payments and receipts of monies.
Name ￿nd obJee15 the charlty on whose behalf fhe #ssets are held and how thlsfalls wlthth ihe cusiodlofv chÈTrlty's
objects
Tudor Community Sports Trust (Registered Charity No: 1188620) operates under le&%ehold from Birniingham City
Council The sports grounds located at Tudor Road Sutton Coldfield, which abut the site operated by the Royal Sutton
Coldfield Commlznity Towi Hall Trust. The charity aims to operdie the facilitie5 for th¢ b¢n¢fit of ihe local community
encouraging wide participation in sports. The Trust fvrther aims to improve and dcvelop the facilities for long terni
sustainability.
The aims of ¢his Charity are ¢omplirn¢ntary to those of the Royal Sutton Coldfield Community Town Hall TTU5t,
¢sp¢cially in resp¢cl of the con5¢rvation and community use of a key landmark historical site within the Royal TowTr or
Sutton Coldfield.
De¢4llf tsfarrongemtntsforsqfe ¢Mslody ondsegregailon ofjuch essetsfrom the charlty'J own qs5ets
A separate bank account has been &llocaied for the holding and management of these funds. the Trust mainiains close
liaison with the Tudor Community Sports Trnst as reuards related transactional mana8¢ment.
Monies held and transacted are reflected in these accounts on the balance sheet, outside the P&L.
The al￿￿al report WJS approved by the trustees of the charity on
signed on its behalf by-.
C Bridges
Trusie¢
R Ludlam
Trus
Page 5

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Statement of Trustees, Re$ponsibiIities
Th¢ ttW51ees are responsible for preparing ¢h¢ trusiees, report and the finoncial sthtements in accordance with the United
Kingdom A¢¢ounting Standards Iurtited KingdoTD G¢nerally A¢¢epted A¢¢ourtiing Practice) and applicable law and
regulations.
The law applicable lo charities requires the trustees to prepare financial statements for each financial year which giv¢ a
true and fair view of the State of affairs of the charity and of the incoming resources and applicaiion of resources of the
charity for that period. In pr¢paring these financial stalements, the trustces are required to=
s¢l¢¢t suitsble a¢¢ounting poli¢ie$ and then apply them consistently.
observe the methods and prin¢ipl¢s in the Charities SORP;
make judgemenis and estimates that are reasonable and prudent.
stsie wherher applicable accountin8 siandards have been followed subject to any material departures disclosed and
explained in the financial statements; and
prepare the financial statements on the going concern basis unless it 15 inappropriate to PTe5urnc ¢h81 ¢he charity will
continue in business.
The trustees hre responsible for keeping proper accountiTtg records thY4t disclose with reagonable accuracy ot any time the
financial position of the charity and enhble them to ensure that the finan¢iAI statements comply with the Charities Aci
2011, the Charities (Account5 and Report5) Regulations 2008, and the provisions of the consiiiution. The trustees are also
r¢spon8ibl¢ for safeguarding the assets of the chaTity and hence for taking r¢a50nabl¢ steps for the preveniion and
d¢¢ertion of fraud and other irregularities.
The rrustees are responsible for the maintenance and integrity of the corporate and financial information included on the
charitable company's website. Le8islation governing the preparation and dissemination of financial s¢at¢ment5 may differ
from legislation in other jurisdictions.
Approved by the trt￿lee8 of the chariry on .
signed on lis behalf by..
C Bridges
Trustee
Tru
Page 6

Royal Sutton Coldfield Community Town Hall Trust
l(nown a5 SCART
Independent Examiner's Report to lh¢ trustees of Royal Sutton Coldfield Community Town
Hall Trust
I report to the trus￿$ on my examination of the a¢¢oupts of Royal Sutton Coldfield Comrnunity Town Hall TTUSt for the
year ended 30 April 2024.
Responsibilities and basi5 of report
As the charity trustee5 of Royal Sutton Coldfield Community Town Hall Trust you are responsible for the prepa￿70n of
the accounts in accordance wilh the requirements of the Charities Aci 2011 ('the Aa,).
I report in respect of my examination of the Royal Sutton Coldfield Community Town Hall Tru5t'5 accounts carried out
under $ection 145 of the 2011 Act and in Carrying out my examination I have followed all the applicable Directions given
by the Charity Cornmi5sion under section 145(5)(b) of ihe Act.
Independeml exwminer's statement
Since Royal Sutton Coldfield Communiry Town Hall Trusi's gross income exceeded £250,000 your examiner must be a
member of a body listed in section 145 of the 201 l Act. l ¢onfim that l am qualified to undertake the examination
because l am a m¢mb¢r of ACCA, which is one of the list¢d bodie5.
I have completed my examinalion. I confirm that no material matters have ¢ome io my Attention in ¢onnection with the
examination giving me ¢aus¢ to b¢lieve that in any material respect..
accounting records were not kept in respect of Royal Sutton Coldfi¢ld Community Town Hall Trust as requir¢d by
section 130 of the Act. or
2. the accounts do not a¢¢ord with ihose records. or
3. the #¢¢ounts do not comply with Lhe accounting requirements concerning ¢he fom and conient of accounts set out in
the Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and
fair view, which 15 not a matter considered as part of an independent examinaiion.
I have no concerns and have come a¢ross no oth¢r Tnatt¢rs in connection with the examination to which attention should
be drawm in this report in order to enable a proper underytandin8 of thc account5 to bc rcached.
Pa
Matthew5 FCCA
5sell & Brown Midlands Ltd
Chartered Certified Accountants
ACCA
Chaner House
56 High Street
Sutton Coldfield
West Midlands
B72 IUJ
Pag¢ 7

Royal Sutton Coldfield Community ToTvn Hall Trust
known as SCART
Statement of Financial Activilies for the Year Ended 30 April 2024
Total
2024
Urtrwtrieted
Restrieted
Note
Income and Endowments from:
Donations and legacies
Charitable activitie5
Investment income
261
862.546
2.566
532
10,000
793
872,546
2,566
Total income
865,373
10,532
875,905
Expendlture on:
Charitable activities
1979,565)
(16,7091
(996,274)
Totsl expendiiure
Nei expenditure
(979,565)
(16,709)
(996,274)
(114,192)
(6.1771
(120.369)
Net movement in ￿ndS
(114.192)
(6,177)
(120,369)
Reconclllatlon of funds
Total ￿ndS brought forward
Total fvnds carried forward
(50.932)
(165,124)
287,817
236,88S
16
281.640
116.516
UDreJlrlct
rynd$
Reslrlcted
runds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
2,495
808,480
668
1,930
625
4,425
809,105
668
Total income
811,643
2,555
814,198
Expendlture on:
Charitable activities
(856,180)
(24,821)
{881,001)
Totsl expenditure
Ne¢ ¢xp¢ndilure
1856.180)
(24,821)
(881,001)
(44,537)
(22,266)
166,803)
Net movement in fund3
(44,537)
(22,266)
{66.803)
Recotyeili8tion of fund$
Total fijnds brought forward
Total fimds carried forward
(6.395)
310,083
303,688
16
(50,932)
287,817
236,885
The notes on pages 10 to 18 forni on integral part of these financial statements.
Page 8

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
(Registration nun)ber: 1165712)
Balance Sheet as at 30 April 2024
2024
2023
Note
Fixed assets
Tangible assets
264.761
266,326
Current a88et$
Stocks
Debtors
Cash at bank and in hand
10
9,540
31,197
184,719
6,506
42,016
208.968
12
225,456
257,490
Credltors: Amounts falling due within one year
Net ¢urrent (Il*bllltle3)lasyets
13
255.701
246,931)
30,245
Tothl assets lesg ¢urrent Il•bllltles
234.516
276,885
Cr¢dltors: Amounts falllni due after more one year
Iyet *sJ¢l$
14
(118.(H)O
(40,000)
116 516
236 885
Funds of the ¢hRrl¢y".
R¢strl¢ted In¢om¢ funds
ReslTlCted funds
281,640
287,817
Unr¢ylrl¢t¢d In¢ome fund$
Unrestricted fitnds
(165.124
50.932
Totsl funds
16
116,516
236,885
The financial sthternents on ￿geS 8 to 18 were approved by th¢ tru5t¢¢s, and authorised for issue on
signed on their behalf by..
and
C Bridges
Trustee
am
Trustee
The note5 on pages 10 to 18 fomi an integral part of these firwicial statements.
Pag¢ 9

Royal Sutton Coldfield Community Town Hall Trust
knoiYD as SCART
Notes to the Finaneial Statements for the Year Ended 30 April 2024
l Aceountittg poli¢i¢s
Statement of ¢ompllanc¢
The financial 5tatement5 have been prepared in a¢¢ordance with th¢ se¢ond edition of the Charitie5 Statement of
Recommended Practice issued in OctobeT 2019, the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Royal Sutton Coldfi¢ld Community Town Hall Trust meets ihe definition of a public benefii entlty under FRS 102. The
accounls (financial statements) hav¢ b¢¢n prepared urtder the historical cost convention with item5 recognised at cost or
tran5aclion value unless otherwise stated in the relevant notels) to these accounts.
The financial siatement$ ar¢ pres¢ni¢d in £'s and rounded to the nearest pound.
Golng eoncern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the uge of going concern is Appropriate i.e. whether (here are any material un¢ertain¢ies related
io events or conditions that may casi significant doubl on the ability of ihe charity lo conlinue a5 a going eon¢em. The
trustees make ihis a5s¢ssment in resp¢ct of a period of one year from the dale of approval of the finan¢ial slatements.
The charity at the balance sheet has 8 surplus of £116,516 at 30 April 2024 and thi5 has ¢ontinued io increase after the
year end. The Trustees are reviewing ways 10 generate more income and anticipate maintaining a rrading surplus over the
coming year5.
Income 8nd endowments
Voluntary incorne including donation5, gifts, lega¢i¢$ and grnnts that provid¢ Core fundin8 or are of a general nature is
r¢cognT5ed when the ¢harity has entitlement lo the income, il is probabl¢ tha¢ ¢h¢ in¢ome will be received and the amount
can b¢ m¢a5ured with sufficient reliability.
Don&ilofts &nd lega¢le$
Donations whi¢h have been ¢oll¢¢led for a $pe¢ifi¢ pury)ose are treated as restricted income.
DÉlerredlMeome
Income collected for events after the balance sheet are treated as defe￿ed income.
Expenditure
All exp¢llditure is r¢cognised once there 15 a legal or constructive obligation io that expenditure, it is probable settlement
15 required and the amount can be measured reliably. All costs are allwated to th¢ applicable cxpenditure heading that
aggregate Similar costs to that category. Where costs cannot be directly attributed to particular headings they have been
allocated on a basis consistent with the use of resources, with ceniral staff costs allwated on the basis of tiTTre spent. and
depreciation charges allocated on the portion of the asset's use. Other support costs allocated ba5¢d on the spread of
staff Costs.
Ch4nl4ble ocliwilies
Charitable expenditure comprises those costs incurred by the charity in the delivery of its aetivities and service5 for its
beneficiaries. It includes both costs that cart be allocated directly to such activities and those costs of an indirect nature
nece55ary to support them.
Page 10

Royal Sutton Coldfield Community Town HalI Trust
known as SCART
Notes to the Finaneial Statements for the Year Ended 30 April 2024 (continued)
Governanee costs
These include the costs attributable to the charity's compliance with constitutional and statutory requirements. including
audit, strategic management and trustees meetings and reimbursed expenses.
Taxatlon
The charity is Considered to pas5 Ihe tests Set out in Paragraph I Schedule 6 of the Finatt¢e Act 2010 and therefore it meets
the definition of a charitable company for UK corpordtion tax purpose5. Accordingly, the Charity 15 Potentially exempt
from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the
CorpoTation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that su¢h income or
gains are applied exclusively to charitable purposes.
Tanglble flxed assets
Individual fixcd assets costing £0.00 or mor¢ are initially recorded at cost, less any subsequent accumulated depreciotion
and subs¢quent accumulated impairniertt 1055e$.
Depreclatlon and amortlsAtlon
Depreciation is provhded on tangible fixed as5et5 50 as to write iTrff the ¢osi or valuation, I¢￿ ony estimated residual v4lu¢,
over their expected u$¢ful ¢¢ollomic lif¢ a5 follows..
Asset clasy
Office Equipment
Theatre Equipment
Deprecigltlon znethod and rnte
25•/o Straighi line
25Yo straight line
Stock
Stock is valued at the lower of cost and esiimated selling price less costs to Complete and sell, after due regard for obsoleie
and slow movin8 Stocks. Cost is detemiined using the first-in, firsi-out (FIFO).
Trode debtors
Trade debtors ar¢ amounts due from ¢ustom¢r$ for merchandise sold or services p¢rfornied in the ordinary course of
busines5.
Trade debtors are recognis¢d initially at th¢ transaftion pri￿. Th¢y ar¢ 5ubsequ¢ntly mea$ur¢d ai amortised cost using the
effective interest method. less provision for ÉmpaÉrment. A provision for the impairtn¢nt of trade debtors is established
when there is objective ¢vid¢nc¢ that the charity will not be able to collect all amounts du¢ a¢rording to the original ternis
of the r¢¢eivable5.
Cgsh and CAsh equlvalents
Cash and ¢a5h equivalents comprise cash on hand and call deposits, and other short-terni hi8hly liquid investmenls that are
readily convertible to a known amount of cash and are 9ubje¢t to an insi8nifi¢ant risk of chan¥e in value.
Trade creditors
Are obligations to pay for goods or 5¢rvic¢s that have been acquired in the ordinary ¢ourse of business from suppliers.
A¢counts payable ar¢ rla55ifi¢d as current liabilities if the does not have an unconditional right, at th¢ ¢Dd of the reporting
period, to defer s¢ttl¢m¢nt of the creditor for at least twelve months after the reporting date. If th¢r¢ is an un¢onditional
righi to defer settlement for at least twelve month5 after the reporting dat¢, th¢y ar¢ presented as non-currenr liabilities.
Are recognised initially at the tfdnsaction price and sub5¢qu¢n¢ly ￿e￿ured at amortised cost using the effective interest
method.
Pag¢ll

Royal Sutton Coldfield Community Town Hall Trust
Iinown as SCART
Notes to the Finan¢i&l Statements for the Year Ended 30 April 2024 (eontinued)
Fund accounting
Unre5tricied in¢orn¢ lknnds are general fvnds that are available for use at the trustees discretion in fijrtherance of the
objecliyes of the charity.
Designated ￿ndS ar¢ unrestri¢t¢d funds sei aside for specific purposes at the discreiion of the trusiees.
Restricted income fimds are those donated for use in a particular area or for specific purposes, the use of which is
restri¢t¢d to that ar¢¥4 or purpose.
Penslons #nd other post r¢tlrement obligations
The charity operates a defined contribution pension sch¢m¢ which is a pension plan under which fixed contributions are
paid into a pension ￿nd and the charity has ryo legal or con5tru¢tive obligation to pay further contributions even if the
fund does not hold suificient assets to pay all employe¢5 the b¢n¢fits relating to employee Service in the CU￿ent and prtor
periods.
Contributions to defined contribution plaThs are r¢co8ni5ed in the Statement of Financial Activitie5 when they are due. If
contribution payments exceed the ¢ontribulion du¢ for 5ervi¢e, the excess 15 recognised as a prepaymenl.
2 Ineome from donxtion$ #nd legAcles
Unrestrlcted
fund$
Gen¢rnl
R¢stricled
funds
Total
fund5
Regular giving and capital donations
261
532
793
Total for 2024
261
532
793
Totsl for 2023
2,495
1,930
3 Ineome from chArltable aetlvltles
Unrestrlcted
funds
Genernl
Rextrkttd
funds
Total
fund$
Room Hire Income
In house shows / concerts
Sale of food and drI[￿S
Other income
Grants
202,506
394,652
249,363
9,725
6,3(Ml
202.506
394,652
249,363
9,725
16,300
10,000
Total for 2024
862,546
10,000
872,546
Total for 2023
808,480
625
809,105
Page 12

Royydl Sutton Coldfield Community Town Hall Trust
known as SCART
Notes to the Financial Statements for the Year Ended 30 April 2024 (continued)
4 Investment Ineome
UnrestTlcted
funds
Gener41
Total
funds
Interest receivable and similar income.
Int¢r¢st receivable on bank deposits
2,566
2,566
Total for 2024
2,566
2,566
Total for 2023
668
668
5 Exp¢ndlture on ¢harltabl¢ a¢llvl¢les
Unre5trtcted funds
Deg18nated
Gener81
Restrlcted
fundj
Total
2024
Total
2023
Event fees
Alcohol and food
Wages
Sub¢ontra¢t
Employers NIC
Employers pension
s￿ff training
Independent examiner fee
Accountsncy
Legal and professional
Rates
Heat and light
InsuTan¢e
Repairs and renewals
Cleaning
Telephone
Computer
Offiee ¢osts
Equipm¢rt¢ hire
Advertlsing
Sundry
Subscriptions
Donations
Bank fees
Bad debt
Plant d¢preciation
Fixtures depreciation
301,824
93,257
239.533
27,112
10,178
3,071
1,333
1,500
4.725
31,767
8,185
40,810
19,775
44,445
6,416
5,327
1,651
6.675
21.232
12,756
6.252
4,862
301.824
93,257
247,767
27,112
10,178
3,071
1,333
1,500
4.725
63.247
8,185
40,810
19.775
62,303
6.416
5,327
1.651
6.675
21,232
12,756
6.252
4.862
297,831
73,194
235,989
.234
10,973
3.867
754
I,soo
4.000
48,044
(3,791)
44.430
16.720
49,379
4.889
4,749
3,035
1.934
17.739
17.010
8,649
3,932
125
27,115
764
4,877
31,480
4.476
13,642
38.629
1.479
1,807
774
38,629
1.479
4,874
774
3,067
44.190
935.375
16,709
996,274
881,001
Page 13

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Iyotes to the Financial Statements for the Year Ended 30 April 2024 (eontinued)
6 Trustees remuneration and expenses
No In￿le¢s. ftor any p¢rson$ ¢onne¢teil with them, have reccived any remunerntion frorn the Charity during the year.
7 Independent ¢Jgmirter'$ remun¢r*tion
2024
2023
Examination of the finan¢ial 5t&tem¢nts
1,500
1,500
During the y¢aT £4,750 (2023.. £4,000) was paid for other 5ervice5 provided in addition to remuneration for the
independent examination.
8 TAxatlon
The ¢harity is a registered charity and is therefore exempt from taxaiion.
9 Tan8lble fixed Assets
Land
bulldin8$
Fyrftityr¢ ond
equipmertt
Total
Coyt
At l May 2023
Additions
250,000
42.585
4,083
292,585
4,083
At 30 April 2024
250,000
46,668
296,668
D¢preel#tlon
At l May 2023
Charge for the year
26,259
5,648
26,259
5,648
At 30 April 2024
31,907
Net book value
At 30 April 2024
250 000
14,761
264,761
At 30 April 2023
250,0
16.326
266.326
The property was valued by Walton & Hipkiss (Commercial) Ltd, an independent valuer. The valuation is ¢oDsid¢red to
represent to open market value at the balance sheet date.
10 Stoek
2024
2023
Stocks
6,506
Page 14

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Notes to the Financial Statements for the Year Ended 30 April 2024 (eontinued)
I l Dtbtors
2024
2023
Trade debtors
Prepayment5
19.786
30,655
11,361
31,197
42,016
12 Cash And cA8b equlv8l¢nts
21124
2023
Cash on hand
C8sh a¢ bank
2,455
182,264
6.635
202,333
184,719
208,968
13 Credltorg: gmounts fglllng due wlthln one year
2024
2023
Trnde creditors
Other l¢)ans
Other taxation and social security
VAT grant repayable
Other credito
Accruals
103,854
22,0(K)
2,890
28,956
79,823
18,176
80,940
15,000
4.708
28,244
84,073
33,966
255,701
246,931
14 Creditors: amounts fAllltsg due after one year
2024
2023
Other loans
118,000
40.(H)O
IS Pension and other schernes
Defined contribution pengion scheme
The ehaTity opernt¢5 a d¢fined contribution pension scheme. The pension cost charge for the year represents contributions
payable by the ¢harity to the scheme and amounted to £3.07] (2023 - £3.867).
Pagt 15

Royal Sutton Coldfield Community TOWD Hall Trust
l(nown as SCART
Notes to the Financial Statements for the Yeydr Ended 30 April 2024 (continued)
16 Funds
Balance at I
May 2023
Incoming
resources
Re5011T¢es
expended
Balance at 30
Aprll 2024
Unre5trleted hrnds
General
General thnd
(150.753)
865.373
(936.237)
(221.617)
Dalgnoied
Sir Doug Ellis- Town Hall Support
(RF-O()2)
99,821
(44,190)
(980,427)
55.631
To¢•1 unrestrl¢ted fund5
{50.932)
865,373
(165,986)
R¢Jtrlcted fund*
Publi¢ Donation$- Renovation Proje
(RF-00 I)
Birnlingham City Council R&M Grant
(RF-003)
RSCTC- Tech Grant (R￿-004)
Bimiingharn City Council - Freehold Asset
Transfer (RF4)05)
Town Hall User5 CoTnpany Ltd (RF4K)9)
Operational Resfflye (RF.020)
Criffel Trust Renovation Grant (RF-021)
6.895
532
(4,422)
3,LM)S
8.467
7.455
(8,467)
(3,067)
4J88
250.000
9,000
6,000
250,000
8247
6,000
10,000
(753)
10.O(X)
Total rejtrlcted fund9
287,817
10,532
(16,709)
281,640
Totsl ￿ndS
236,885
875.905
(997,136
115,654
Page 16

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Notes to the Financial Statements for the Year Ended 30 April 2024 (Continued)
B414n¢e #t I
MAY 2022
Incoming
resources
Resour¢es
eypended
Bglance at 30
April 2023
Unregtricted funds
Gets¢rol
General fjjnd
(129,074)
811,643
(832,722)
(150,753)
Deslgnaled
Sir Doug Ellis- Town Hall Support
(RF-002)
123,279
23,458
99,821
Tot*1 unr¢5trleted fundi
6.395
811,643
856,180
50,932
Restrl¢t¢d
Public Donations . Renovation Project
(RF-001)
Binningham City Council R&M Grant
(RF-003}
RSCTC - Tech Grant {RF-004)
Bimiingham City Council - Freehold Asset
Transfer IRF-005)
Town Hall Users Company Ltd (RF-009)
Operaiional Reserve (RF-020)
9,409
2,555
(5,069)
6,895
25,148
10,526
(16.681)
(3.071)
8,467
7.455
250,000
9,000
6,000
250.0(MI
9,0(M)
6,0(M)
Totsl r￿IrkI¢d fund¥
310,083
24,821
287,817
Tot*1 funds
303 688
881,001
236,885
The specific purposes for which the funds are to be applied are as follows-
RF￿01 Public Donations toward$ R¢novalion Project. Funds expended on Phase 2 of the renovation projeet.
RF-002 Designated unrestricted fimd - £50k hcld &side a5 an emergency rescrve. Spend of rem4irtd¢r to be detemined
by the Renovation Project t¢4m. £15.4k expended on Phase 2 {nominal budgct of £50K) . remaining expenditure on
emergency repair5.
RF.003 - Funds io be expended in line with Condilions of Grant Agreed with BCC. Various si8nificJnt structural issues
have been addressed this year.
RF.004 - Funds held for expenditure as per original agreement with donor and to cover depreciation costs of items
purchased through these grant funds.
RF-005 - Non-cash fvnd being the rna￿et value of the freehold propety duc for re-valuation 2024.
RF-009- Fund5 held against The8tre/technical 5pcnd.
RF-013 - £18K Grant to support post-covid re-start, allocated to infra5tructurc improveTr]ents.
RF-014 - Funds received to support production of open air fete, expended per agreement.
RF.020 - Allocated as an operational reserve from CRF Round 3 Arts Council (UF19). Intended as emergency re￿rve
nds for the operating business, subject to Trustee approval for re
RF4>21- Criffel Trust Renovation Grant to Y15SlSt with buildin8 renovations.
Page 17

Royal Sutton Coldfield CommuDity Town Hall Trust
known as SCART
Notes to the Financial Statements for the Year Ended 30 April 2024 {¢ontinued)
17 Stsff costs
The aggregate payroll Costs were as follows:
2024
2023
Staffcosts during the year were:
Wages and salaries
Socirdl security cosis
Pension ¢osl$
239.533
10,178
3,071
252.782
235,989
10.973
3,867
250.829
The monthly Average number of per50n8 {includinB senior management ieam) employed by th¢ ¢h8riry durin8 the year
as follows..
2024
No
2023
Charity staff
24
23
No employee re¢¢iYed emoluments of rnore than £60,000 durin8 the year
18 R¢lated party transaetlonj
There were no related pary transactions in the
Pag¢ 18

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Statement of FinaDcial Activities by fund for the Year Ended 30 April 2024
Total
unr￿trIcted
Unrestrl¢t¢d
2024
2023
Ineome )Ind Endowments from:
Donations and lega¢ie$
Clwitable a¢tivities
Inv¢sttnent incotne
261
862,546
2,566
2,495
808,480
668
Total income
865,373
811,643
Expendlture OD..
Chorithbl¢ a¢liviii¢s
{979,565)
856.180)
Total expendittwe
{979.565)
(856.180)
Net expenditure
(114.192)
(44.537)
Nel movemeni in funds
(114.192)
(44.537)
Re¢on¢lll&lloD of fund8
Totyl fimds brought forward
(50,932)
(105,124)
(6.395)
(50.932)
Total fund$ Carried forward
This page does tjot ftirni part of the statutory financial statements.
Page 19

Royal Sutton Coldfi¢ld Community Town Hall Trust
Iinown Yds SCART
Statement of Financial Activities by fund for the Year Ended 30 April 2024 (continued)
Total
Restrlcted
fund3
2024
Restricted
funds
2023
Incorne And Endowments from:
Donations and legaci¢$
Charitable activitie5
532
10,000
1,930
625
Total income
10,532
2,555
Expenditure on:
Charitable ociivities
(16.709)
(24,821)
Tolal ¢xpEnditure
(16,709)
(24.821)
Net expenditure
(6,177)
(22266)
Net movement in fijnits
(6,177)
(22266)
Reco￿¢[118t10n of funds
Totsl fimd5 brought forward
287,817
281,640
310,083
Total funds ¢arried forward
287,817
This pagt does rtot form part of the statlltory finan¢ial ststements.
Pa8e 20

Royal Sutton Coldfield Community Town Hall Trust
knojvn as SCART
Detailed Slatement of Financial Activities for the Year Ended 30 April 2024
Total
2024
Total
2023
Ineome And Endowment$ from:
Donations and legacies (analysed below)
Charitsble activities (analysed below)
Investment income {a[￿lY5ed below)
793
872.546
2,566
4,425
809,105
668
Total income
875,905
814.198
Expendlture on:
ChaTltabl¢ a¢tivili¢s (analyg¢d below}
{996.2741
(881,001)
Total expenditure
Net exwditure
(996,274)
(881,001)
(120,369)
66,803)
Net movement in ftmds
(120,369)
(66,803)
Re¢on¢lll4tlon of funds
Total funds brought forward
Total funds catTied forward
236,885
303,688
116,516
236,885
Thls page does not fom) part of the statutory financial ststements.
Page21

Royal Sutton Coldfield Community Town Hall Trust
known gs SCART
Detail￿ Statement of Financial Aetivities for the Year Ended 30 April 2024 (eonlinued)
Total
2024
Tot¥]
2023
Donailortf andl¢gaelÉs
App¢als and donations
Appeals and donations
532
261
1,930
2,495
793
4.425
Chariioble 4¢¢i￿lIeS
Grants - other agencies
Sponsorship
In ho￿se shows I concerts
Sal¢ of food and drinks
Room hire income
Other income
Other income
10,000
6,300
394.652
249,363
202,506
338,457
195.625
266,597
625
7,801
9,725
872,546
809,105
InvÉsiméAi Income
Ini¢r¢st on cash d¢posits
2,566
668
2,566
668
Ch&rli&ble &ellvlile$
Opening stock
Al¢ohol and food
Direct cosis
Closing Stock
Hire of other assets {Operaiin8 leases)
Wages and salaries
Wages and salaries
Staff NIC (Ernployers)
Staff pension5 (Defined contribution)
Subcontract C05t
Staff training
Rate$
Light, heat and power
Insurance
Repairs ftnd renewals
Repairs and renewals - Restricted
Repairs and renewals - Unrestricted
Telephone and f&%
Cornputer software and maintenance costs
Printing. postage and stationery
Trade subscriptions
Charitabl¢ donations
16,506)
{96291)
(301,824)
9,540
{21,232)
(8,234)
1239,533)
{10,178)
(3,071)
(27,112)
(1.333)
(8.185)
(40,810)
(19,775)
(4,470)
(13.642)
(44,445}
(5,327)
(1.651)
(6,675)
(4,862)
{5,920)
173,780)
(297,831)
6,306
{17,739)
(235,989)
(10,9731
(3,867)
{754)
3.791
(44,430)
(16,720)
{6,603)
(16,681)
(26.095)
(4,749)
(3,035)
(1,934)
(3,932)
(125)
This page does not fonn part of the ststutory financial statements.
Page 22

Royal Sutton Coldfield Community Town Hall Trust
known as SCART
Detailed Statement of Finanefial Actfvlties for tbe Year EDded 30 April 2024 (continued)
Totsl
2024
Total
2023
Sundry expenses
Cleoning
Advert15in£
A¢countancy fees
Consulian¢y fees
Consultancy fees- Restricted
Consultsncy fees- Unrestri¢t¢d
Legal and prof¢$sional fees
Bad debts written off
Bank charges
Depreciation of plant and macbin¢ry
Depreciation of plant and tnachin¢ry
D¢pr¢¢iation of fixture$ and fittin8S
Independent ¢xamin&s fee
(6252)
(6.416)
(12,756)
(4,725)
(21,895)
(8,649)
(4,889)
(17,010)
(4,000)
(16,855)
(5.069)
(26.120)
(31.767)
(9.585)
(1.479)
(38.629)
(3.067)
(1,807)
(774)
{1,5(M)
(764)
(27,115)
(3.071)
(1,806)
(3,293)
(1,51K)
881,001)
Thi$ does not forni part of the statutory financial Statements.
Pag¢ 23