REGISTERED CllAR NUMBER: 116(I199 Office 2 GttswoI& How¢ 197b Ststion Ri)ad Koowle Sojihull West Midlan B93 OPU
Knowle UnltÈd ontents of the Finan forthey Chalrm*n'$ Rewjrt Report ofthe Truth IndepeDdenl Exanthier'i Report Statement of FInethI Attlvltk• B•lAllee Sheet Notu ¢0 tbe FthAndMJ Statements Detalled Statement •f FIlland A¢drftl 11 to 12
KDOW Uni l arn ple toprwrt the Knowle United Charity Ann1 Re[rt ofthe TnL&q f{the year eJditi8 3] Marth 2022. Th¢ Chwity trae¢s its origll to the end of the 16th Certw and provides financial &ssistance towards personal and COTnmunTty n¢ed4 of wblic benefit within the l¢Kal ecclesias111 parishes of Knowle, fknidge & Barston and the civil Fwish¢5 of BalsBII C(ffiunon & Chadwkck En As th¢ Charity's fiT)ancial th¢ world w&$ c(ning to tern with wgr in Ukrntne, high inflatiOT4 and in the wake of the Covi&19 pandemic a de8r¢e of nonnaiity w&$ anticipated Turning to the board of Trnstees itself, we w¢tt delightj to welriNrte HInS &8 the cTr trustee for St SwithiN BaTSton. An Annual Budga is agree¢ ond fc*mal R¢8•ves and Investment w)li¢ies are reviewed annually alongside a Risk Assessment analysis. Thex tske ints) xcount the need liquid fimds and a ¢onungeno reserv¢. approXinting to the annual rarta] income. Nuir¢d to enable the making of grants and service Omional wsts in maintsining th¢ Charitys re5identia] prcoerty portfolio., a temp)rdry waiwng of this ratio h&% again Eeen aweed in the aft8th of the ptDp purchase which took place 3 yeats a80. and this waiving is unduc(xJtht review. The principa] SOLw¢e of income is Yentsls the Charnys invutsnffLt in 22 Ttsidenlial wowi¢s let at market-b&8ed rents. Such income in the past year toling £158.(All (£134.710). It is plea8ing to report high tenancy levels and ihere were no rent arrears. T¢Xal inccrfne was £167293 (£143.954)' expenditure was £166289 (£148255) resuhin8 in nel expenditure of £4JOI (as a result of the ct of survty Valu1($ and the spe¢ial Covid w mtie•l beknv). Majorexpendittwes includt Edu¢ation £21.6(X) (£24.&X)X Youth & Care workers grants £22.795 (£20.880). Christtnas Donations £3) {£2J50k Propty mainten8n¢¢ £53.450 following ihe swveys (£18,026). In Summ. Charity ¢OntInu in a str(¥J8 fuwi¢i81 F¥)si¢ion with he4]thy regular rents] Iorne. In addition. this ye4r. we are to have lld to rnBke athird Tound of Sp1 grants to our local schools 8mouniirt8 to £30,0 io assi them financialty in the aftern)ath the Covid 19 Crisis. The ¢¢mprehensive pro8ramme of Mainten and repwrwork to ow&YoleS following lost year's surv¢y$ is now virtualty ¢(wnp¢. We are teful for the continued hard work put in iry the ClerL Simon Chaloner. in ke¢pin8 abre& of day-t(Aay charity matters. I would a]so lik¢ to all the Trthstees fLY their continu eommitmenl to Charity business. Finally. l am pleased to thank ow pYof¢$5i(xwI adviscrt fortheir supwrt when called up)n in ofleg4L w)unWl¢y and matters. Stephen Paul Street
wle of the Trn Th¢ tnmees present their rerth with the financial ststements of the charity for the year ended 3 1st March 2022. The stees have adopted the provisions of Accounting and R¢FKYting by ChaTilies.' Stsiernent of R&ommended Practic¢ applicable to Charities Prewing their a¢MIts in aCcdanCe with the Finwia] Rqxirttiig Standard applicable in the UK and Republic of Ireland (FRS I2) {¢ff#iive l Jonwy 2019). STRUCTURK, COVERNANCE AIW MANAGEME]YT Governing doeumellt Knowle United Charity 1$ ¢onstitut¢d as a Cknitlbk Incwd CW)]. It was registered with the Charity Cornmissioners on 16th March 2016. It over the activiti&% and assets fr(Yn Knowle Unit&J Charity (registered charity number l(M2123) and Knowle Educational Charity (re8iStty charity number l(M2124) REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number I16(99 Prlntlpal addr Mr S Chaion¢r. Cle]k ¢0 the Tntses 31 K¢n1lwh R1 Knowle Solihull West Midland¥ B93 OJB Trugte Mr Stephen Street. Dorridge PCC Chainnan Mr Clive Blakey- Justi¢¢ of the P Mr Ri¢hard Abbey. Cfropted Dr Michael T Bleby- Cowopted Mr J¢ff Dayies Chadwick End PC Trwurer Cllr. Diane Holl-Allen MBE- Solihull MBC Rev'd Geoff Lanham Ms Carol ixetrh. Knowle PCC Mr$ Lynda Mackay- Knowle CE Primary Acathmy Gov¢rnLWS Mrs Hilory Motti8- cOF¢rA Mr8 Helen MundAy- Cfr Mr Paul Orton- Co-(Pted Mr Richard Lloyd Jndepemdent Examlner We5t- Chartered Accountarfs Office 2 Greswolde House 197b Station RoJ Knowle Solihull West Midlandq B93 OPU Approved by or&[ of the W of trus¢8 on 13th Ikcember ))22 and sly1 (m Tts lhalfby'. Mr Slephen Street. Tnte¢
Ind elldent Examlner. Independent uamfiner'$ report to the trustees of Knowk UDited CbArSty I report to the charity In on my eXanU of the x¢(wnts of Kle uD]J Clwity (tk Tnl} for the y¢ ended 31st March 2022. RUponbltkS and of report As the chan.ty tsvstees of the Tnt you are re4h)D80)k for the pwtion of the in w)rd&ll with the requirenMIts of the Charits"es Aci 2011 Cthe ACV). I r¢p)rt in r¢spect of tlly exatniwtson of the TnL8Vs acc(yJnts CthTied out urth stttion 145 of the Act and in cary1g out my examination I have follow all atsJli(able Directi gilttt by the awity undtt stttion 145(5Xb) of the A¢L tndependeDt uamlDer?* itattmetht I have Complet my examin10. I confrm that w matr11 znatth ha cimne to my attention in conTWtion with the ac¢ountin8 tteor& wue kept itt r4)1 of the Tn1 u requWedby¥xti) 130 of the A¢( or the accounts do not accord with dM)se recor. or in the Charities (Accounts and Rew)rt8) R¢latiON 2(K)8 Othtt than any requirrnt that the a¢¢ounts 8ive a oirL¢e 2 Greswolde Hou 197b Station Road KTh)wle Solihull W&qt Mid]oTh B93 OPU Date: .............................................
Knowle nited Ch tolF 2022 2021 Total fuDds Invutsnent itKome Otha inc4)m¢ Isooi 134,710 9244 167,293 143.954 EXPENDrruRE ON Raisin8 fimds 61J96 26.18J CltArltable afdvlt Education grants 21, 22,795 24,600 20.880 5,000 48.1(M) 2,350 Swial grants Covid grant to 8¢h(KFIs 411S11 14,788 21,140 Totsl 166289 148.255 NET INCOMFJ(EXPENDITURE) (4,301) Gains on rtV41uatton of fix a&4ets 1,406.274 Net movemenl In fundi 1,401.973 RECONCILIATIOL¥ OF FUNDS T•tsl brought fonv*rd 4J97,737 3,193.764 TOTAL FUNDS CARRIED FORWARD 4J98.741 4.597,737
Ba]an(e Sheet 2022 2021 Ullrestrlrted Total funds FIXED ASSETS Tangibk &$8ets tnvestmen U60J(M) 76,164 4.459.0(M) 67,472 453W4 4.526.472 CURREIYT ASSET3 Debtors 1188 00.128 626 70,845 01316 71,471 CREDITORS Amounts falling due within ye4r (39) (206) NET CURRE ASSEIS 623 71265 TOTAL ASSETS LESS CURRENT LIABILITIES 4741 4597,737 NET AssErs 48,?41 4J97,737 FUNDS Unrestricted fund8 4M741 4.397.737 TOTAL FUNDS 4598,741 4.597.737 The financial ststements were appmvd by the Boud of TnL4ttt8 and aut1¥ fi)r isyue on 13th December 2022 and Signed on its behalf by.. Mr Stcplwi Strezt. Tntee Pag¢ 5
owie Notes lo the Flnan AccoifNTING POLICIFS Ballj of preparing the fillaniyal sttements The financiat statements of tbe cknity, which 18 a pthlic b¢fil C4Mity FRS lir2, have Ixcn prepad in accordance with the Chariti&8 SORP (FRS 102) 'Aixy)untiDg aTMJ by CJ]ariti¢s.' Stateunt of Ryrtit)g StarKlard applieable in the UK and Rtyublic of Ireland (FRS 102) {efftive l January 2019),. Finallciat Retnrting Stsndard 102 Tr Finwl Rwtitig Standd aEylicable tn the UK and Repub]ic of Ireland, and the awiiies Act 2011. The fin0Th sW¢ments hav¢ beth Pred UTth the historical cost of c¢nain assets. 14come All income 18 re¢08&1 in th¢ StateAnent of Financid Actsvitie8 once the ¢hatity eAtiderncnt to the fimds. it Expetsdlture Liabilitie8 we rttognised apenditure as thuc 18 a le8 or ¢OnstntivC d>lwtion conllJUttin8 the chan.ty to that OKditt il is pr(&ble that a trnnsfer of eAXK>miC Lrn¢fits b¢ requwed in settle and arnOt of the obh8ation wi be meas reliably. FIdituTe is a(c(Kll for on an ac¢nwi$ bagis aTMI h&q been el¥$8ified uttder that aggre8ate all c(t tated the ca4(ry. Where ¢ost8 Carttt be dIdY attiibuted io partieular l they knve b¢¢n (ted to ¢ivitie8 A ba wn8i8tent the use of GranL4 offued subject to LxthlitioDS whKh have been at the year eTxI date att noted a8 4 ¢ommitsn¢nt but noi acctued as exr&'ty Tanglble fixed . Notprovidoj Ton The charlty 18 éxempt fmm tAX its clwTitabk fAivitie& Fund 4¢coMndn8 L¥VESTMEiYf ThCOME 2022 2021 Rents received Dividends 14474 1125 132.658 2.052 15Wi 134,710 PJgc 6
owle Unlted Charl IL4ISING FUNIKS 2022 2021 Cow]cil tsx 3,074 18,026 53.450 55IYJ 21,100 TRusfELS' RElUTIoN AND BENEFITS 31st Mar¢h 2021. Therc wer¢ tnwte<o' for the )wr euled 31st MaTch 2022 r for the year fflded 31stMarch2021. TANGIBLE FIXED ASSETS Fr¢¢lx¥id Conwter equipment cosr OR VALUATION At 1st April 2021 Additsons 4459.IJ( 1,733 At 31st March 2022 W9,OIKI 4,460,733 DEPRECIATIOLY Chgoe foryear 433 433 NET BOOK VALUE Ai 318t March 2022 4AYJ.O iJoo 460J Al 31stMarchW21 4.459,¢XN) 4,459.0 Included in cost or valukn'ott of land aThJ IlIdIng$ 18 freelKJld laTrJ of £4.459.1XK) (2021 - £4.459.IX¥J) which ' not deprecia1 Cost orvaluation at 31st March 2022 18 ryTraCt£d ty. Freehold Computer property equlpment Valuation in 2021 Vaiu*ion in 2017 Valuation in 2010 1,406374 587,125 1,41J6,274 587,125 2,296,51KI 17(1034 169.101 1,733 44YJ,th) 1,733 4Wb,733
otes to IttanLial StAtemen 318t 21)22 TANGIBLE FIXED ASSETS. eontlDued There are 22 freelx)Id pn)ptstiw. 32J4J6J8,44.46.4850 52 St10 RO 242b2q 57, 61. 79 and 81 St John's Close. 34 3b. 1.9096 and 98 Kcnilworth Rotyl Knowle and frtthold grCld rents 83 85 St Jobn's Close all siDJat&l in Knowle and vthl in KtThle Unit&l Chm"ty.The oriwl of most of these is unkTh)w Athjitionally (kning the year ts) 31 March 2(X12 freeknld of the b1(k of 4 nuisondtes 55. 57, 59 and 61 St Johns Close w&8 acquwed with the lease of 57 21KK) and & le08¢ of 614UiTcd the yearto 31 Mar¢b 2019. Vested ID the Official Cu8tTrJian for Ixn fiom wltich Th) incne is 3.7 acre8 of land £3,265,0(X) and an yah of £4.459.(XY). The uwtee5 do not ¢th)8idtr that the vah% of the Fry)#ti¢8 will fall Kcorthti8ly dyiation 18 provided Unlisted At 1st April 2021 67,472 S2 At 31st March 2022 7A164 NET BOOK VALUE At 318t Marth 2022 71164 At 31st Maroh 2021 67,472 Inve8tttts consist of 25,723.38 iN(XD¢ share4 in COIF Charities Ethical Investnt Fund The originlli cost of DEBTORS.. AMouNfs FALLING DUE wmiiN ONE YEAR 2022 2021 1188 626
ts. eonthiued 2022 2021 Swiai sKurity and otherttxe8 Rent prepaid {487) 526 {487) 655 38 39 206 MOVEMENT IN FUNDS Net At 31.3.22 At 1.4.21 Unrtttrl¢ted fund• General fund 4J97.737 4J98,741 497,737 4M741 Net mOn¢t in fitsM44 izKludea the abo are a8 follow8.. Mov¢men¢ UDrertrkted 107393 (IW89) 1004 TOTAL FUNDS 167393 (166389 Comprdva fw moVet In fllDd8 At 31.3.21 Ai 1.420 Unmtrleitd fuDd• 3.195.764 1.401.973 4,597,737 3.195.764 1,401.973 4.597,737
tes to Financi Statements- a¢]ed Istm 2022 MOVEMENT IN FUNDS. tonthiu¢d Unrestricted fund8 General fund 143.954 (148255) 1,406274 1.401,973 TOTAL FUNDS 143.954 {148255) 1.406274 .401,973 A curnt Ye 12 month8 aTbJ 12 Combid p)8Atth is aj follow8: Net At 31.3.22 At 1.4.20 in fund8 Unrestrlcted G¢n¢ral fiujd 3.195.764 1.402.9TI 4598,741 TOTAL FUNDS 3.195.764 1.401977 4,598,741 ftJllow8.' Gaiw and Movement Unrdtrlcted funds 311247 (314J44) 1.406274 1,402.977 TOTAL FUNDS 311247 1314.544) 1.406274 1,402.977 io. P8Ee 10
Ststement of fjn 31t hIarch 2 2022 2021 INCOL1 AND ENDOIVMENTS Investment Income Rents received Dividends 14474 2,125 132,658 2.052 158.fllA 134.710 Other Income G4in in value of tangJTr)k fixed I1 9.244 TotAI In¢ornlng rewur¢e• 167,293 143,954 EXPENDrruRE Inwrknc¢ Li8ht andheat 5311 S16 4,653 432 STJ7 5.085 IDvetheDt mADyment eojts Coun¢il tsx 3.074 18,026 $3ASO SSW9 21,100 CbArllble acdvld Grants to indivi4kna]& ChItIeS & o[BatatiOl 89,3 l(X).930 Support costs Management 473 212 602 li116 338 186 280 8,582 Posta8e and $tationuy Sundri Ckrk'8 fre & expenses 11,903 9J86 FlnaD¢ Bat)k chArye8 119 11,754 IDfDrni%rfon technology Computer equipme 2J33 Pagell
Kmowle United Detailed Statem forth of Flllsll cdvl 2021 166389 148,255 Net iDcomel{eJpeDdltre) (4,301) P12