REGIERED CHARITY NUMBER: 1168918 REPORT OF THE TRUSfEE5 AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 20Z3 FOR THE SOUHULL MANOR HOUSE CHARITY Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP
THE SOLIHULL MANOR HOUSE CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Report of the Trustees Independent Examiner'5 Report Statement of Flnandal Actlvtties Balance Sheet Notes to the Financial Ststements 7 to 13 Detailed Ststement of Financial Activittes 14 to 15
THE SOLIHULL MANOR HOUSE CHARITY REPORT OF THE TRUSTEE5 FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report together with the financial Statements for the year ended 31st December 2023. oBJEIVEs AND AcfiviTIES Objectives and aims The object of the Charity is the preseNation of The Solihull Manor House with its ancillary buildings and Garden as a property of historic and natural beauty and to allow its use for the benefrt and enjoyment of inhabitants of Sollhull and neighbourhood, but having regard to the use of the property to the best advantage of the Charity. The Charity constitutes a public benefit entTty and the trustees have complied with the duty section 17151 of the 2011 Charitie5 Art to have due regard to public benefit guidance published bythe Charity Commission. ACHIEVEMENT AND PERFORMANCE The major responsibility of the Trust is to ensu the continued viability of the property in accordan with the Trust Deed, and this has been carried out. Primarily the fabric and general condition of the buSlding is good, with maintenance work carried out as needed. FINANCIAL REVIEW Financial posltion Total income for the year ended 31st December 2023 is £87,508 12022.. £90,742) with expenditure of £80.860 12022.. £77,552). This has generated a surplus of £6,648 12022.. £13,190) for the year, which has been carried forward a5 unrestricted reserves in the financial statements. The Statement of Income & Expenditure and Balance Sheet are shown on pages 5 and 6 respertiveEy. Reserves policy The trustees aim to maximise the reserves of the charity whilst en5uringthe maintenance of the property. Total reseNes at the year end were £78,36612022: £71,718). Going concern No matertal uncertainties exist that cast doubt on the chartties ability to continue. The Trustees are of the oplnion that the Charity 15 financially sound and expect the outturn for the year to 31 December 2024 to maintain the stability on the Charity. STRucfuRE, GOVERNANCE AND MANAGEME Govemlng document The charity is controlled by its constitution and 15 a charitable incorporated organisation. Page I
THE SOLIHULL MANOR HOUSE CHARITY REPORT OFTHETRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 srRUCWRE. GOVERNANCE AND MANAGEMEMr Recrultment and appointment of new trustee5 Trustees have been recruited from local voluntary organisations such a5 Rotary International and Soroptimists. Advertising in Voluntary sections of professional bodies is also used. Potential Trustees are invited to attend a trustee committee meetin& this acts as an informal interview. If all Boes well, they must then be formally elerted by the members at the next AGM. No other person or body, external to the Chaiity is entitled to appoint trustees. REFERENCE AND ADMINISTrATIVE DAlLs Registered Charity number 1168918 Prin¢lpal address The ManorHouse 126 High Street West Midlands B913SX Trustees PhilipJames Barham Michael John Robinson Ire5igned 7.7.20231 Robert Michael Cox Robert Christopher Vaughan Anthony Brian McQueen Ire5igned 31.12.20231 Richard John Harri5 (appointed 1.3.20241 Philip Barham 15 the Chair of Trustees. Anyone wishing further details of the charity should contact Philip Barham at The Manor House. Independent Examiner Philip Ward FCA Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham 813 9QP Page 2
THE SOLIHULL MANOR HOUSE CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES, RESPONSIBILITY STATEMENT The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (Untted Kingdom Generally Accepted Accounting Prarticel. The law applicable to chartties In England and Wales, the Chaiities Act 2011, Charity IAccounts and Reports) Regulatlons 2C108 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a twe and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the tru5tee5 are required to select suitable accounting policies and then apply them consistently; observe the method5 and principles in the Charity SORP,. make judgements and estimates that are reasonable and prudent,. prepare the finantial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The ttijstees a responsible for keeping proper accounting records which 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 Charity (Accounts and Reportsl Regulations 2008 and the provisions of the tNst deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order o* the board of trustees on............................. ............... and slgned on tts behalf by: Philip Jame5 Barham- Trustee Page 3
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE SOLIHULL MANOR HOUSE CHARITY Independent examiner's report to the trustees of The Solihull Manor House Charity I report to the charity trustees on my examination of the accounts of The Solihull Manor House Charity Ithe Trustl for the year ended 31 December 2023. Responsibilities and basis of report As the char¢ty trustees of the Trust you are sponsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Art'l. I report in respect of my examination of the Trust's accounts Carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connertion wtth the examination giving me cause to believe that In any material respect: accounting records were not kept In respect of the Trust as requlred by Section 130 of the Art- or the accounts do not accord with those records,. or the accounts Ilo not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no contern5 and have come across no other matters in connection wlth the exarnination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Philip Ward FCA Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP Date- ........ Page 4
THE SOUHULL MANOR HOUSE CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Unrestrirted funds 2022 Total funds Notes INCOME AND ENDOWMENTS FROM Investment income 87,508 90,742 EXPENDITURE ON Charitable artivltles Drrect Charitable expenditure Governance costs Depreciation Wages and Salaries 44.899 3,246 45,287 3,453 468 28,344 32.367 Total 80,860 77,552 INCOME 13,190 RECONCILIATION OF FUNDS Total funds brought forward 71,718 58,528 TOTAL FUNDS CARRIED FORWARD 78,366 71,718 The notes form part of these financial statements Page 5
THE SOLIHULL MANOR HOUSE CHARITY BALANCE SHEET 31 DECEMBER 2023 2023 Unrestrirted funds 2022 Total funds Notes FIXED ASSETS Tan8ible assets 1,391 CURRE ASSETS Debtors Cash at bank and in hand 320 84.819 1.033 75,012 85.139 76,045 CREDITORS Amounts falling due within one year 17,8161 15,7181 NCuRRE ASSErs 77,323 70,327 TOTALASSETS LESS CURRENT LIABIUTIES 78,366 71,718 ASSErs 78.366 71,718 FUNDS Unrestricted fund5 io 78,366 71,718 TOTAL FUNDS 78,366 71,718 The financial statements were approved by the Board of Trustee5 and authorised for issue on and were signed on its behalf by.. Philip James Barham- Trustee The notesform part of these financial statements Page 6
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POUCIES Basi5 of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Char¥ties SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Prattl applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5 1021 (effective l January 20191,, Financial Reporting Standard 102 The Financial Reportlng Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepad under the historical cost convention. Income All income is recognised in the Statement of Financial Activitie5 once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognÉ5ed as expenditure as 500n as there is a legal or constructive obligation commitiing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an actruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directfy attributed to particular headings they have been allocated to activities on a basis consistent Wtth the use of reSoUrs. TanBible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over tts estimated useful Fixtures and fittings Computer equipment 25% on reducing balance 25% on reducing balan Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objerts of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purp05e5. Further explanation of the nature and purpose of each fund is included in the notes to the financlal statements. Page 7
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 INVESfMENT INCOME 2023 2022 Rents received 87,508 90,742 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees. expenses There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December2022. STAFF COSTS 2023 2022 Staff costs WardenslHou5e Managers fee Social security 30.648 27,319 1,719 1,025 32.367 28,344 The average monthly number of employees during the year was as follows: 2023 2022 Administration No employees received emoluments in excess of £60,000. Page 8
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL 5TATEMENTS- contlnued FOR THEYEAR ENDED 31 DECEMBER 2023 GOVERNANCE FEES: Governan costs Include-_ 2023 2022 Independent examination Payroll serViS Legal fees 1,725 312 1,416 342 1,5 3,246 3,453 TANGIBLE FIXED ASSETS Flxtures and fittings Computer equipment Totals COST At lJanuary2023 and 31 Dember2O23 3.lYII 36 3,OTI DEPRECIATION At l January 2023 Charge foryear 1,650 348 36 1,686 At 31 December 2023 1,998 36 2,034 NBooKVALUE At 31 Dernber 2023 1,043 1,043 At31 December 2022 1,391 1.391 The premtses originally known a5 The Old Manor House are freehold, and the freehold 15 vested in the OfFicial Custodian for Charities on behalf of the The Solihull Manor House Charity. Page 9
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 DEBTORS: AMOUNTS FALUNG DUE WtThlN ONE YEAR 2023 2022 Rents receivable Prepayments 11501 1,183 320 320 1,033 CASH AT BANKAND IN HAND 2023 Total funds 2022 Total funds Cash in hand Bank account no. I 59 84,760 59 74,953 Total 84,819 75,012 Page 10
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THEYEAR ENDED 31 DECEMBER 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Social security and other taxes Accruals and deferred income Accrued expenses ii.ioii 2,225 6.692 5,718 7.816 5,718 io. MOVEMENT IN FUNDS Net movement in funds At 31.12.23 At 1.1.23 Unrestrirted lunds General fund 71,718 78.366 TOTAL FUNDS 71,718 6.648 78,366 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrirted fund5 General fund 87.508 {80,8601 TOTAL FUNOS 87,508 (80.8601 6,648 Page 11
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 io. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds At 31.12.22 At 1.1.22 Unrestricted funds General fund 58,528 13,190 71,718 TOTAL FUNDS 58.528 13,190 71,718 ComparatNe net movement in fund5, included in the above are as follows- Incoming resources Resources expended Movement in fund5 Unrestrirted funds General fund 90,742 177,5521 13.190 TOTAL FUNDS 90,742 177,5521 13,190 Page 12
THE SOLIHULL MANOR HOUSE CHARITY NOTES TO THE FINANCIAL sTATEMEr- continued FOR THE YEAR ENDED 31 DECEMBER 2023 ii. OTHER FINANCIAL COMMITMENTS 2023 2022 Due in < I year 1.944 Due > 2 years < 5 years 1,458 3,402 Total 3,402 5,346 Hire agreement signed in November 2020 for various equipment / servi$ tonnected to hIene. 12. REL4TED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2023. Page 13
THE SOLIHULL MANOR HOUSE CHARITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENOOWMENTS Investment ineome Rents received 87,508 90,742 Total incoming resources 87,508 90,742 EXPENDITURE Charitsble adivities Wages Social securty Rates and water Insuran Light and heat Telephone Repair5 and maintenance Sundries Cleaning Computer costs 30.648 1.719 5.685 10.760 10.842 1.312 9,215 194 6,792 99 27,319 1,025 4,534 9,406 10,145 1,065 12,633 744 6,7(K> 60 77,266 73,631 Support costs Flnance Depreciation of tangible fixed assets Governance costs Accountancy Carried forward 1,746 1,746 2,037 2,037 This page does not form part of the statutory financial Statements Page 14
THE SOLIHULL MANOR HOUSE CHARITY DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Governance costs Brought fonNard Other professional charges 1,746 1.500 2,037 1,416 3,246 3,453 Total resources expended 80.860 77,552 Net income 13,190 This page does not fom) part of the statutory financial statements Page 15