Sutte L Priest Howe 1624 High Street Knowle Solitiu West MidlaDds B93 OJL
KTr¢bwk Unhed Cha . rEn P•8¢ Report of the Tru¥t¢es Ddependent Eumitier'i Report Statement ofTrln*tttixl Acdvlllcs Balance Sheet Notts to the St•towttts 5 to 10 DttailEd Stst¢ment ofFkn#llrialA¢tlvhks 11 to 12
The trues prestht their rqKMt ii?th the f18] sta¢5 of the for the vear a]dcd 31u Mthi 2025. The tnjs have adorx¢d the proTr'isions of and Rewting CEwilits.. Statemert of RtwmmeAd(yJ Pydt¢ic¢ applioble charitie5 pre1wi8 their acco(mts a¢cordw w4th the Fin8titi81 SI#Txlard atpliLzble in the UK and Republic of Irel2nd IFRS 1021 (elflive l J3nuaTr 2019). STRucfuRE. COVERNANCE AND hlANAGEMEINT Overlg Knoi¥le Untfyj Ch1. IS (%MlStittkTed as a CIMrithble ornaniOM. Ji was reg5StuoJ w?th the Charitv Commissioner5 on 16th Mardj 2016. It 0k ovu dje aLtiitits and a55ets from K)le UntLtd Cb#rity (regislcrnd chadty numlkr 10421231 and Knowle Ed1 Chartts. Iregistw&1 dwity numlw 1042124} REFERENCE AND ADMINISTRATIVE DETAIIS Registsrcd Cbarity 4umbtr 11660W Mr S ChOner- Clak to the TnJss 31 Ktnili¥orth Rwt Kt)Dwle Solihull IVt5t MidJatKI3 B93 OJB Trn5teey Mr Steph&] Street. Dorridge pcr ajairll Dr Micha¢l T Ble CTr(yKed MrJeff Travie5 Cha<knick End PC Treawr CIIF. Diane Holl-Allen MBE- Solillull MBC Refv'd GLat8M M]7 Lynda Mackay. Krth¥Je CE Pritnay A¢•kny (V$ Hilary Morri%- Coopied Mrs Helen Munday- C Mr RirhaTd Ll(wd Mr Rknd Mitchell. Justices ofthe P Mt lan Hopkins- CfroFtsi ImdeptthdeDt EwlliHer Suite K. Pri¢si HIMase 1624 High Stre Knowle Solihull We51 Midlands B93 OJU App)YCrt ty orderofthe IM)krdof tnth on.___.-.-_.. and its haIrty. . Trustee
Inde endellt E%amlDer'% Re wle Utti orttstheT $tees of Independent eximiner's report to the trnstees of Knowie Unlted Charity T rq)ort to the charity trustees on my eXan]atiOn of the accounts of Knowle United Charity {the Trust) for the year ended 31st March 2025. Responsibilities filld bAsls ofreport AB the Lh4Lrity tn¢¢¢& 0£ Trust you ar¢ rrtspozwiblr for th¢ prrpNratiorL of thg aOUnT5 aLu)rdanc¢ Wilh the requiretu¢nis ofthe CbaTiti¢s Aci 20EI I'the Arf). I report in respeci of my exarnitution af ihe Trusvs COUnts carried out under S¢ction 145 of the Act and cllnying out my Cmination I have follijwed all applicabl¢ Directions given by the Charity Conuni55iOll UDder Section 145(5)(bl of the Act. Indtpendent examineT'5 ststement I havc complcted tny exatninalion. I confimi that DO n]at¢rthal matters h4ve come to my attention in cot)DectioJ with the examination giving n]e cause w b¢li¢v¢ that in any maieriai resw.. aLCQUllting rOrdS were Ltsl kcpt in resp1 of the Trwt as requwj by Scction 130 ofthe A¢t; or the 8ccoiinlS do Twt accord with thos¢ Ircords: or the accounts do not comply wilh the applicable requirements concerning the forni and content of 8¢¢ounts set out in the Charities IAccounL% and tieport%l Regulations 2008 Other th8n any r4uirement thai th• accout)ts 8IV¢ 4 two and fair vicw whi¢h is a matter ¢onsidered as part of an independent examinaiion. I h#vo no concems and hBv¢ come aeross nD othcr matters in cortncction with th¢ examinution to which &tt¢ntion should bc in this report in orderto enable a proper understanding of the accounts ts) be reached. Mr% Susirj West Wc51. Ch#rt¢r¢d Acwuntants Suite K Pri¢bl House 1624 High Street Knowle Solihull West Mtdlands B93 OJU Date.. Page 2
Knowl Unlted Chgrl Stat forth cllt of Fina Ended 31s Martb 2 21125 Ullre5tricted funds 2024 Total fimds Notes INCOME AND ENDOIIThIENfs FROM Investnllt int0C Oth¢T %Dconic 1702JI 171.362 7.177 Totsl 170.211 178,539 EXPENDITURE ON Raising fut5 52.096 Charitsbl¢ activitk8 Edu¢*tion Youth. children and pastordl catt workets, STants Special brnts Chnslmas donation5 Berrow Coitw Homes Travel 7280 34.100 4370 375 J,000 8200 18,414 26,775 7.700 180 10,000 9.500 Oth¢r 12A08 12,885 103573 137,550 NET coLrE 40,989 RECONCILLiTtON OF FUNDS Total fid5 brou8hi fonvard {685J92 4.644.403 TOTAL Ft3Tr4DS cARRD FORWARD {752J130 4.685,392 The notes fotTh part of these fio&llcial sfrAt¢rn¢nts Page 3
Balattf Sbeet 315t M#rth 25 2015 2024 Totsl fuDds fun(Ls FIXEDASSETS Tangible essfts Investsnents 4A59, 76398 4,45Y.433 79,727 4398 4539,160 CL,RRETriT ASSETS Debtors C¥h at bank 169 217,138 2.775 144.877 217J07 147.652 CREDrroRS Amow?ts falli1 due wtthin one>'e8r (575} (1.4201 NET CURREprrASSETS 216,732 14&232 TOTAL ASSETS LEgs CURRENT LIABILITIES 4.752,Q30 4.685.392 NET ASSETS 4,752,lJ30 4.68SJ92 Unrestricted fund5 4,75LQ30 4.685.392 TOTAL FufiDS 4,751030 4,685.392 The financi815tatements were aprxoved bv the Board of Thstees 8t authorised for i55ue on ........-................................... 4nd i%tre signa on Its kha]f b).. Mr.s{¢ph Sire£t. Truytee Thenotrs Fon ofthe5efinaneial 31atements Page4
Xnowk Untted Char Flnandal 31st Mareh 2 forth Y 25 ACCOUNTING POLICIES B89is of prepiring the finHneiAI stAtements Th¢ fJnan¢ial sraiem¢nts of the thatity, whiGh is a public b¢n¢fit entity unthr FRS 102. hav¢ been prepated In accordance with the chatieS SORP (FRS 102) 'Accouttung and Reporting by C.harities.' Statement of R¢commended PrdCtic¢ applicable to charities preparing their aUnts in accord8]]cc the Financial Reportitig Stsndard applicable in the UK and Republic of Ireland (FRS 1021 {effeclive l January 2n191', FiTmiciaJ Reporting Standgxd 102 'The Financi81 Reporting Standard applieable in the UK and Republic of Jrelattd and th¢ Charities Act 2011. The finDcial Statents have beth) prepared under th¢ historical co¥t GonYEntion. with th¢ ¢x¢¢ption of inv¢stuients whiLh at¢ included ai jark value. Ineome All ineom¢ is recogni5ed in the Statement of Finan¢i81 A¢tivities onee the chRrity has entitlemtht to the fund4 it i$ probable that the income Teceived and the Amouttt ¢Att bc Ured reliobly. Expendlture Liabiliti¢$ are r¢¢ogni8¢d as expenditur¢ as 800n as there is a legal or ¢on$tNctive obligation c4)mmitting the charity to thai expenditure, it l5 probable that a transfer of economi¢ bencfits will be required in settlement and th¢ amow]t of rhe obligation can b¢ m¢a%ured reliably. F.xpenditure is accounted lor on an aCcnlS basis ld has been classified under hc#diJws thBt aggregate all co6t relaied Iii til¢ Gat¢gory. Where costs c&nnol be directly aitribu*d part]lar headings th¢y have bcen allocated to acliviti¥s on a basis consistent with the use of resou¢$. GrBtts offered subJe¢i io condition5 which have not been met at the year end dale are noted &$ a commilrnent but not acend as expetsditure. Tlnglble fixed Ajaets tkpr¢ciation 15 provided at th¢ followin8 nUal Tatcs in order writ¢ vff ass¢1 uv¢r its estimatcd w¢ful lift. F¢hOld property Q)mputer ¢4uipment Not provid¢d 33Q/o on ¢ost Taxatlon Thc chwity 1$ ¢x¢mpt from on its charityble artiviiies. Fund g¢CQUntlng Unrestrtcted ¢aD be used in accordAllce wAth the cknitsblc Objectiv at the diE¢r¢tion of the thJ8tees. INVEsfMENT INCOME 2025 2024 Rents Teceivoj Dividends Bank intercst 163,484 2,259 4,408 166,057 2,215 3.090 170211 171J62 Page 5 nt]tiU...
owle Uttlted the Finan for the Ye rEn tements- 1st Marth 2025 RAISING FUNDS Investmelkt mallAgement costs 2025 2024 Repai]s & mainieftan¢e Leg81 & prof¢$8ional fe¢5 22A63 45.346 22.943 45.346 TRUSTEES. REMUNERATtON AP4D BENEFrvs Tlicr¢ were no trustees, r¢muneration or other benefits for the year etxled 31st March 2025 nor for the yw ended 31st March 2024. Trustees, expen8eB There were no tru8t¢¢s' ¢Xn5¢S paid for the y¢ar ¢od¢d 315t March 2025 nor for the year end¢d 31 March 2024. TANGIBLE FIXED ASSETS Freehold prtsrtY CompuQT equipm¢ni Tot815 COST OR VALUATION AI15t ApTiI 2024 and 31st March 2025 4A59.OIJO 1,733 4.460,733 DEPRECIATION At 1st April 2024 Ch¥LTg¢ loryear iJoo 433 ijoo 433 At 31st March 2025 1,733 1,733 NET BOOK VALUE At 31¥1 March 2025 4859,000 4A59,IWD At 31st March 2024 4,459,000 433 4.459.433 Includ¢d in $1 or valuation of lallil and building5 is freebold land of £4.459,000 (2024 - £4459,0()O) which is tM)t depreciatrd. Cost orvaluation at 31st mch 2025 15 represented by.. Freeltold property Compltter equipment Tota Valuation in 2010 V8iuation in 2017 Valuation in 2021 Cost 129 587,125 IA06274 170,834 587,125 1,406374 109,101 1,733 4.459,000 1,733 4A6ffj733 Page 6 continued...
Kn le URted Ch*rl c FIDantial Stste]ntllts- forthe Year 31st Mar¢h 2025 ntlDued TANGIBLE FIXED ASSETS-wTrtinued There aR 22 freehold properties 3134.36,38,44,46,48,50 al 52 StBtion Road, 242b2c, 57. 61, 79 and 81 Sl John'5 Close, 34 3b, 90,gOa.96 and 98 Krnilwortb Road, Knowle and freehold ground rents 83 and 85 St Jo]Jn's Clos¢ all situated in Knowle alld ve51¢d Knowle Uniitxl Charity.The origi]1 cost of most of thes¢ is utJkMowT. Additionally during the year to 31 March 2002 the freehold of the block of 4 nls0ett¢S 55. 57. 59 alld 61 Si Jo]]n's Clos¢ was &cquircd with the I&t of 57 aljwdy qUIred in 2000 and the le&se of 61 acquired duritig the year 31 March 2019. Vested in the Officia] Custodian for Chatities. but from which no in¢iJme is derivrt a 3.7 acres of Isttd beneath the buildings known as Knowle Church ofEngland Primary Academy. Ill 2021 tkn properties were valued by Hawk£¥ford (WaTwick5h]r¢) Limit at a Teinststrment value of £3.205,twJo and an openmarket value of £4.459.000. The tn]stees do not cons2der thAt the value of the properties will fall and accordingly no depreci&tion is provided. FLXED ASSET INVESTMENTS Ullli5ted iuve5tKnents At 1st April 2024 Impairnients 79,727 (3.429) At 31si M&rch 2025 7A298 NET BOOK VALUE At 31stMat¢h 2025 76,298 At 31$tMarch 2024 79.727 wereDo inyestsllent ass¢ts outside the UL JnVeStcllts consist of 25,723.38 i]e s]]ar¢s ill COIF Charities Ethical Inv¢sthient Fund. The original cost of the i]Jvcsllnenrs is unknown. DEBTOIiS: AMOUWTS FALLINC DUE WPTHtN ONE YEAR 2025 2024 R¢nt ov¢rdue 169 2,775 Pagc 7 continued...
Knowk United Ch Notes forthey cial Statenwits- CODthiued ded 31st Marth 2025 CREDITORS: AMOUN13 FALLThC DUE wrrHIN ONK YEAR 20 2024 Socia] a¢curity al Oth Reni prepaEd Othcrcreditors (209) 26 818 1209} 885 804 575 1.420 Net ovement in fijnds At 31.3.25 At 1.4.24 Unre5tiieted funds 4792,030 68SJ92 6&638 4,752.030 Incomin8 R¢8ouTces ¢xpet)d¢d Movem¢nt in funds UnrethI furtdl G¢tternl fijnd 170311 (103W3) TOTAL FUNDS (103J73) CompaYAdves for eMent th f•nth Net tyoverneDt At 31.3.24 At 1.4.23 Unre5trtded General fund 4,644,403 40.989 4,685.392 TOTAL FUM)S 4.644.403 40,989 4.685,392 Colltirtued...
Note8 to the F. temeDts. for the Y r EJ&1lsLm202s MOVEMENf LN FUNDS. eonthiued Comrrtve nelmovenkth in fim@ Atth]dd inthe alK)ve are asfollow: Rwurces Mov¢[nt ¢Kpended in fimd$ UDres¢rfued fwidj 178.539 (137JS0) 40,989 TOTALFUNDS 178,539 (137,550) 40,989 A cuttetst year 12 and pri(tye4r 12 llK>Dths cowbir*d pxitiOD 15 as follows.. Net mov¢ment in fvnds At 31.3.25 Ai1.4.23 UDrethlcted Gener81 fill 4.644,403 107.627 4,752,030 TOTAL FUIYDS 4.IA4.403 107.627 4.752.01(1 A y¢ar 12 months and prior year 12 wmbtDeA net movrmtth in in¢lutsJ iti the abov¢ are 08 follows.. Mov¢m¢rti in fund5 txpeDded Unrestrleted fllnd• GeneThl fiuxl 348.750 (241.1231 107,627 TOTAL FUNDS 348,7SO (241.123) 107,627 eontinued...
Knowk Unlted Cha ' St*t ded 31st forthey 21)25 io. There w¢re norelth pty for yeaT ended 31st Marcb 2025. Page 10
Kmoivie United Cha Detlliled ent FiDgneig1 Atti Ended 31st M•Toh 2025 2025 2024 Inv¢stment income Rents received Dividends Bank interest 163A84 2259 166,057 2.215 3.090 1711311 l?I,J62 Other ineomo G•in in value of fixed asset investtnents 7.177 Tot81 IncoDthI8 r¢sour¢ei 170all 178,539 EXPENDrruRE donatloni and l¢g•d¢g IIL%UIIIiI¥L Light and hLat Impairmeni losses- fixed asset investnwnts 7J30 178 3A29 6.730 IO937 6,750 Investment min4gement co RepaiTS & maintciiance Legal & profe95ion81 fees 22463 480 45J46 22,943 45,346 Ch•rlt4bk acliTAtle8 CJranis to individuals. clwities & other orgglligitiOD5 57325 72,569 Support ¢o$ts M&D8gement In51wance Postag¢ and Stationery Sundries Clerk's fee & expenses 473 23 635 9,810 35 237 9010 10,484 10,941 ttAllte Bank chgrges 120 120 This pw do¢$ not fo part of the StatOry fi08n¢ial statements
Knowk Unlitd ChaTi eArEnd stM*rth 2025 2024 8nce Information technology Computer ¢quipment 433 433 Governanee tosts Aeeountattcy & professional fees 1.431 lJ91 1O3A73 137.550 N¢1 ffiD¢ome 6&638 40.989 P12