T r ustees’ annual r epo r t (inclu d ing D i r ecto r s’ r epo r t) fo r the pe r io d F r om: Pe r io d sta r t d ate: 01/11/19 To: Pe r io d en d d ate: 31/10/20 Cha r ity name: Legacy W M Cha r ity r egist r ation numbe r : 1180546
Company numbe r : CE015526 Objectives an d activities
| r Summa y |
r of the pu poses |
r of the pu poses |
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| of the cha | r ity |
as set out in | (1) | d d To a vance the e ucation of the public in: |
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| r its gove ning |
d ocument |
(a) | d r the social, economic an cultu al histo |
r y |
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| d r M d d an he itage of the West i lan s |
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| r r " r " d met opolitan egion ( the A ea ) an the |
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| r d r cont ibution ma e the eto by Asian, |
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| r r d r r Af ican, Ca ibbean an othe immig ant |
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| d communities; an |
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| (b) | r r r r r wo ks of a tistic me it in all thei fo ms |
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| d d d r r (inclu ing an not limite to visual, lite a y |
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| d r r r r d d r an pe fo ming a ts) p o uce o |
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| r r d r d r r pe fo me in A ea an in pa ticula by |
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| r r r d membe s of o elating to the sai |
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| . communities |
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| (2) | r d r r To elieve the sickness of an to p ese ve the |
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| d r d r health an well-being of esi ents of the A ea |
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| th | r d d ough ftness activity an e ucation |
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| r r . p og ammes |
Summary of the main The last fve years have seen the substantial growth in funding activities in relation to with the resultant expansion of staff, which has equalled a those purposes for the greater positive impact in the community. We are not resting on public beneft, in our laurels and have set ambitious targets for growth particular, the activities, throughout our next ten years. projects o r services identifed in the accounts. Covid-19 has had an overwhelming effect on the communities that we serve, and we have seen many people close to us suffer illness or pass before their time. For an organisation which has community at its core, we have been devastated by this, and even more determined to support people in whatever way we can. We adapted our services and took some activities on-line as a way of reaching out and continuing with our support in a different way. With the roll-out of a vaccine, we look forward in the coming months to returning to a level of normality. We are extremely grateful to our staff team who bring ‘love and passion’ to everything that they do, and our Legacy WM Board
who are equally passionate. Last year saw the growth in volunteering and our Community Champions have enabled us to have a greater impact.
Plans for the future
Covid-19 has had a devastating impact globally, and closer to home we have sadly seen many people within our community pass away before their time. Our work to improve the physical and mental health of the community that we serve takes on an even greater urgency in the face of this pandemic, and we remain steadfast in our focus on the wellbeing of the people that we work with, as well as constantly reaching out to new audiences. 2020 saw Legacy WM lead a successful bid together with local partner organisations Aspire & Succeed, Saathi House and Nowka Bais which resulted in funding from The National Lottery Community Fund COVID-19 Recovery Programme. Together our organisations’ will deliver complementary services in order to provide maximum community beneft. Legacy WM will allocate a portion of this funding to mark out Daily Mile trails in three local parks to encourage and motivate visitors to exercise and increase their level of physical activity.
This project is laying a foundation for future plans to develop a community hub in George’s Park, delivering services, events and refreshments. We are developing this project with the anticipation that it can be delivered as part of a legacy for the upcoming Commonwealth Games in 2022.
Having delivered a successful and Covid-compliant summer play scheme at Anglesey Primary School during 2020, future plans include the exciting prospect of continuing this partnership. Legacy WM have been approached by the school to explore how we can work with Aspire & Succeed to develop a former caretaker’s house into a community base to further enhance our work with local residents. This project would bring the building back into community use and give opportunities for further service delivery, events and projects.
Legacy WM’s plans to secure the future of nine Georgian Houses in the area and to become a Registered Social Housing Provider are continuing to take shape. Although this project will take longer than twelve months, the organisation’s time and effort will pay dividends in terms of the beneft that it will provide. Through this project, Legacy WM will diversify our services, increase our sustainability, while continuing to keep community at our heart. Currently Legacy WM are working with Housing 21 on the community engagement aspect of their work as they build supported accommodation for older people in Lozells. In turn, Housing 21 are supporting Legacy WM as the organisation continues to navigate a path towards becoming a Registered Social Housing Provider through work on the Georgian Houses project. Look out for updates on our progress on this exciting project!
Moving forward, the three-year funding for the development of Legacy WM’s heritage strand has now been completed, but legacy planning for the heritage offer has been challenging as several key funding providers paused new applications as they focused on emergency COVID-19 response. Heritage and Arts
are key components of Legacy WM’s offer, and we continue to develop plans for 2021 and beyond. Plans include the collection of over 100 stories from various nationalities that have settled in the locality, and the development of a series of podcasts to share these stories. Legacy WM also plans to develop an Arts Trail along the canal route from Birmingham to Smethwick. We hope to be successful in bids to Arts Council England and National Heritage Lottery Fund to make these exciting plans a reality. Despite the challenges of the pandemic, Legacy WM’s income for the last year has been over £300,000.00. We have set ourselves ambitious targets to continue this growth, we plan to raise £500,000.00 by the end of 2021 and £1m within three years. To support these goals Legacy WM will be recruiting a Development Manager in the New Year. Legacy WM are hopeful that we will emerge from this pandemic as a stronger and more compassionate society. However, we are mindful that there may be difficult times ahead and we brace ourselves for the future. We aim to support the community in whatever way we can in response to the various challenges that may present themselves. Our planned celebrations to mark Legacy WM’s tenth anniversary did not take place due to the Coronavirus, but we are hopeful that there will be a return of normality in 2021. The new date for the event is 17[th] July 2021 at Villa Park, and we hope that you will join the Legacy WM team to celebrate!
Statement confrming Yes whether the t rustees have had regard to the guidance issued by the Charity Commission on public beneft
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A dd itional info r mation (optional)
You may choose to include further statements where relevant about:
We a re not a g rant making body
Policy on g rant making
N/A
Policy on social
investment including
program related
investment
We take a community development approach to our work with
volunteers. Through our delivery sessions, we i dentify people
Contribution made by that show an interest and support to become volunteers with us.
volunteers We have a formal volunteer rp ogramme called ‘Community
Champions’ where we support them to develop their skills in
working with the community and we pay for them to complete a
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formal course to the value of £400 00. . This has been Zumba, Badminton, Personal T rainer etc, and in return they offer rf ee sessions to back to the community. Over the las year we have supported 12 people to become Other Community Champions. After their initial t raining some of them have gained employment.
Achievements an d pe r fo r mance
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A dd itional info r mation (optional)
You may choose to include further statements where relevant about:
Our social mission is ‘to celebrate the heritage of post-war
migrant communities in Birmingham and highlight their
Achievements against contribution to the industrial, a rchitectural and cultural heritage of
objectives set the City. To this end we have achieved the following outcomes:
350 families supported during the Covid period and given games
resource packs.
13 local residents became health champions
75% of people we worked with reported an improvement on their
health outcomes and rg eater awareness of Covid 19.
We developed on line videos to support people during Covid 19
We had over 950 people take part in our heritage t rails
We had over 100 members of the community take part in regular
physical activities, when allowed during the Covid period.
We ran play schemes that attracted up to 50 young people during
the holiday period.
This year has been our most successful year and this is due to
additional funding being made available due to Covid 19 and
Performance of Black Lives Matter. As a result, we have exceeded our targets.
fundraising activities
against objectives set We now set ourselves ambitious targets to continue to g row
fnancially. We a re developing better management systems to
ensure that g rowth is managed accordingly. A new T reasurer will
come into place with more experience in the fnancial sector to
support the next phase of our development.
N/A
Investment performance
against objectives
Other
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Financial r eview
Review of the charity’s The T rustees feel that we a re in a good fnancial position and we fnancial position at the have been able to a dd to our reserves. end of the period Statement explaining the Our aim is to have a quarters reserves and this has now been policy for holding reserves achieved. The T rustees have set a new target to have six months stating why they a re held operating costs and we a re working towards that. Amount of reserves held £46,442 00. Reasons for holding zero reserves Details of fund materially N/A in defcit Explanation of any N/A uncertainties about the charity continuing as a going concern
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A dd itional info r mation (optional)
You may choose to include further statements where relevant about:
Our biggest funders a re the National Lottery Community &
Heritage Fund and European funding. For the f rst time we have
The charity’s p rincipal attracted funding f rom a large t rust.
sources of funds
(including any
fundraising)
At the moment we don’t have a social investment policy. As our
reserves g row we hope to have a policy in the near future.
Investment policy and
objectives including any
social investment policy
adopted
Our funding is heavily dependent on National Lottery Funding and
if we lose the source income then we will be at risk. The risk is
A description of the being mitigated by exploring ways in which we can generate
principal risks facing the income f rom t rading. We have employed an in house
charity Development Officer which increases our capacity to be able to
attract further funding.
We have been awarded funding f rom Power to Change to become
Other a registered housing p rovider and we currently developing a
business plan to take this forward. Our aim is to purchase nine
Georgian Houses and offer them as social rent and supported
living. The potential savings made will support our charitable
activities.
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St r uctu r e, gove r nance an d management
A dd itional info r mation (optional)
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You may choose to include further statements where relevant about:
We have an informal p rocess in place for the induction of new
trustees which includes an initial meeting with the Chair and
Policies and rp ocedures D ri ector who give an overview of the o rganisation and plans for
adopted for the induction the future. This is a followed by meeting the staff team and
and rt aining of t rustees gaining an understanding on the operational elements of the
organisation.
We now have a H R company that we pay on a monthly basis,
which increases capacity to operate in a manner that is ftting
with our rg owth plans.
The o rganisation has established three sub-committees that a re
HR, Finance and Development.
The charity’s
organisational structure We have Memorandum of Understanding with Community
and any wider network Connect Foundation, Aspire & Succeed, Saathi House and
with which the charity Birmingham Asian Resource Centre. We work collaboratively to
works ensure that our services complement each other and we have
referral system in place to support the people that we work.
N/A
Relationship with any
related parties
Other
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R efe r ence an d d a minist r ative d etails
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Charity name Legacy WM
Other name the charity
uses
Registered charity 1180546
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number Charity’s p rincipal a ddress C/o Soho House, Soho Avenue, Birmingham, B18 5LB
Names of the cha r ity r t ustees who manage the cha r ity
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Name of pe r son (o r bo d y)
D ates acte d if not fo r
T r ustee name Ofce (if any) entitle d to appoint r t ustee
whole yea r
(if any)
1 Chris Smith Chair
2 Gary Bowman Vice- Chair
3 Carol Lyndon Treasurer
4 Jesse Gerald
5 Alison Room
6 Gurpreet Bhatia
Shawkat
7
Chowdhury
8 Juma Begum
Shaida Bibi
9
10 Enam Rahman
11
12
13
14
15
16
17
18
19
20
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Corporate t rustees – names of the d ri ectors at the date the report was approved D i r ecto r name N/A
Name of t rustees holding title to p roperty belonging to the charity
T r ustee name D ates acte d if not fo r whole yea r N/A
Fun d s hel d as custo d ian r t ustees on behalf of othe r s Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets a re held and how this falls within the custodian charity’s objects Details of a rrangements N/A for safe custody and segregation of such assets f rom the charity’s own assets
A dd itional info r mation (optional)
Names an d ddr a esses of d a vise r s (optional info r mation) Type of Name A ddr ess a d vise r N/A
Name of chief executive r o names of senio r staf membe r s (optional info r mation)
Aftab Rahman – D ri ector
Exemptions r f om d isclosu r e
Reason for non-disclosure of key personnel details
N/A
Othe r optional info r mation
D ecla r ations
The company has taken d a vantage of the small companies’ exemption in p r epa r ing the r epo r t above .
The r t ustees d ecla r e that they have app r ove d the r t ustees’ r epo r t (inclu d ing d i r ecto r s’ r epo r t) above . Signe d on behalf of the cha r ity’s r t ustees/ d i r ecto r s
Signatu r e(s) Chris Smith
Full name(s) Chris Smith
Position (fo r example Chair Sec r eta r y, Chai r , etc)
D ate 28[th] July 2021
REGISTERED COMPANY NUMBER: CE015526 (England and Wales) REGISTERED CHARITY NUMBER: 1180546
Legacy WM
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 October 2020
Legacy WM
Contents of the Financial Statements for the Year Ended 31 October 2020
| Page | |
|---|---|
| Chairman's Report | 1 |
| Treasurer's Report | 2 |
| Trustees' Report | 3 to 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 to 10 |
| Notes to the Financial Statements | 11 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
Legacy WM
Chairman's Report for the Year Ended 31 October 2020
When we held the annual general meeting in January 2020 in Soho House the world was beginning to hear more and more about some sort of coronavirus spreading in China. Little did we know then the impact of that COVID 19 would have on all of our lives for the rest of 2020.
2020 has therefore been a very different year for Legacy WM. Staff have been furloughed for much of lockdown one, worked from home for most of 2020, continued to deliver activities virtually and most importantly sought many different ways of providing support for the Handsworth and Lozells communities during these very challenging times. The Board of Trustees and I have been very impressed by the staff's innovative ideas and support systems as they have responded to these unprecedented circumstances. We both thank and congratulate them on their efforts and commitment to support those in need.
A positive outcome of this very different year has been for the Board of Trustees and the Director to use the time purposefully to review where Legacy WM is ten years on from its founding and look to the potential of future projects and of the future growth of the charity. 2021 will hopefully see the on-going development and implementation of those ideas and initiatives.
I hope that 2021 will start to see a new normality and some balance returning to all of our lives. My thoughts go to those members of our community who have suffered loss as a result of the pandemic. I hope that 2021 will be a very different and very constructive year for Legacy WM as hopefully we are able to return to more normal ways of working.
Chris Smith Chair
Page 1
Legacy WM
Treasurer's Report for the Year Ended 31 October 2020
As we get to the close of a very challenging year of Covid 19 restrictions and regulations, I can happily report that Legacy WM has gone from strength to strength financially and secured funding to adapt, grow and digitise as we continue to find innovative ways of supporting the community.
I am standing down as Treasurer having served almost 10 years in this role. During this time, I have seen the organisation transform from one employee on a short-term contract, in a shared office, sometimes with insufficient funds to cover their salary, to a thriving charity with five substantive staff, as well as several support sessional staff. Legacy WM have been on an incredible journey, with community always at the heart of everything that we do.
The journey continues, and there are plans to expand even further. The time is now right for me to retire from the Treasurer's position and hand over to fresh eyes as we move forward with a healthy bank balance and funds in reserve.
Some of those funds in reserve are being utilised to secure two members of staff for the next twelve months as we have been unable, as yet, to secure further funds to continue their Heritage work. They are a huge asset to Legacy WM and work beyond the bounds of their job descriptions and we do not wish to lose them.
Carol Lyndon Treasurer
Page 2
Legacy WM
Trustees' Report for the Year Ended 31 October 2020
The trustees, present their report with the financial statements of the charity for the year ended 31 October 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
This report represents the second for Legacy WM as a newly incorporated charitable organisation. The Trustees made the decision in 2018 to close Legacy WM (a registered charity) and form a charitable incorporated organisation (CIO) under the same name, being registered with the Charity Commission as a CIO on 5 November 2018.
OBJECTIVES AND ACTIVITIES Objectives and aims
1) To advance the education for the public in:
-
the social, economic and cultural history and heritage of the West Midlands Metropolitan region ("the Area") and the contribution made thereto by Asian, African, Caribbean and other immigrant communities;
-
works of artistic merit in all their forms (including and not limited to visual, literary and performing arts) produced or performed in the Area and in particular by members of or relating to the said communities.
2) To relieve the sickness of and to preserve the health and well-being of residents of the Area through fitness activity and education programmes.
Significant activities
Legacy WM was established in 2010 and became a registered charity in 2011.To reflect its growth and ambitions for the future we registered as Charitable Incorporated Organisation (CIO) status in 2018. Inspired by the heritage of post-war migrant communities in Birmingham, our work celebrates their relationship with the industrial, architectural, and cultural fabric of the City. Early projects included tracing migrant journeys to Birmingham and developing a local heritage trail.
Following the success of early projects, Legacy West Midlands adopted four key priorities; Arts, Heritage, Well-being and Community Cohesion. Under our heritage strand we have delivered several projects that celebrate the architectural and social heritage. Our largest area of work is wellbeing; we run a programme called Family Fit to improve the wellbeing of families. Our arts strand is in the development phase and we have delivered several projects. All our work is underpinned by Community Cohesion.
We deliver a range of activities that include, Wellbeing activities for mums after they drop children off to school, Zumba, Yoga, Cycling, five a-side football league for older men, family football, older women’s weekly wellbeing activities, youth club for girls and monthly Dementia memory café. We work with approximately 200 people on a weekly basis. In light of Covid 19 we have refocused our work with some online wellbeing classes and cooking workshops. We are only delivering activities where we can maintain social distancing. This includes five aside football, cycling, walking, badminton and Zumba for women.
Public benefit
The charity is a public benefit entity and the trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the charities aims and objectives.
Page 3
Legacy WM
Trustees' Report for the Year Ended 31 October 2020
ACHIEVEMENT AND PERFORMANCE
Charitable activities
We deliver Zumba, Yoga, Football, Badminton, Health MOT's and food nutrition workshops. We deliver heritage trails to raise the historical importance of the area. We support the development of people to become community champions and deliver regular activities in the community.
On an average week we work with 200 people delivering various activities to support their wellbeing and appreciation of the local heritage. Many of them have reported an improvement to their wellbeing. We have had over 11,000 people attend our events over the last year.
The people that we have worked with, some of them have started to volunteer with us and in their own community, which is having a positive impact on wider society. We have developed a model for community empowerment called 'Community Champions' they are mentored by our team and formally trained to support people in the community. This builds skills and resilience in the community, beyond the life of a funded programme and will become our legacy.
FINANCIAL REVIEW
Financial position
The board of trustees are satisfied with the performance of the charity during the period and the position at 31 October 2020 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
Overall, Legacy WM has raised funds totalling £345,827 with the expenditure for the period totalling £230,763 leaving the organisation with a surplus of £115,064. This leaves £255,029 in our funds to be carried forward at 31 October 2020.
Reserves policy
We generally operate a balanced budget within each financial year. In respect of reserves at the end of each financial year the aim is to build up to three months unrestricted reserves for operation running costs including salaries and statutory redundancies. It is anticipated that the reserves will be built up over the next three years and it will follow the principles below:
1) A breakdown of reserves at the end of financial year, with an indication of the status of these figures (e.g. audited/draft management, etc.)
2) Any actual or currently planned transfers affecting reserves since that date; and a description of the purpose and current spending plans for each category of reserves where appropriate, cross referenced to published accounts
3) Committed Reserves - Funds that are allocated by an organisation from its retained resources for a specified purpose
4) Free Reserves - Retained resources that are available for general unspecified future purpose
Page 4
Legacy WM
Trustees' Report for the Year Ended 31 October 2020
FUTURE PLANS
Covid-19 has had a devastating impact globally, and closer to home we have sadly seen many people within our community pass away before their time. Our work to improve the physical and mental health of the community that we serve takes on an even greater urgency in the face of this pandemic, and we remain steadfast in our focus on the wellbeing of the people that we work with, as well as constantly reaching out to new audiences. 2020 saw Legacy WM lead a successful bid together with local partner organisations Aspire & Succeed, Saathi House and Nowka Bais which resulted in funding from The National Lottery Community Fund COVID-19 Recovery Programme. Together our organisations' will deliver complementary services in order to provide maximum community benefit. Legacy WM will allocate a portion of this funding to mark out Daily Mile trails in three local parks to encourage and motivate visitors to exercise and increase their level of physical activity. This project is laying a foundation for future plans to develop a community hub in George's Park, delivering services, events and refreshments. We are developing this project with the anticipation that it can be delivered as part of a legacy for the upcoming Commonwealth Games in 2022.
Having delivered a successful and Covid-compliant summer play scheme at Anglesey Primary School during 2020, future plans include the exciting prospect of continuing this partnership. Legacy WM have been approached by the school to explore how we can work with Aspire & Succeed to develop a former caretaker's house into a community base to further enhance our work with local residents. This project would bring the building back into community use and give opportunities for further service delivery, events and projects.
Legacy WM's plans to secure the future of nine Georgian Houses in the area and to become a Registered Social Housing Provider are continuing to take shape. Although this project will take longer than twelve months, the organisation's time and effort will pay dividends in terms of the benefit that it will provide. Through this project, Legacy WM will diversify our services, increase our sustainability, while continuing to keep community at our heart. Currently Legacy WM are working with Housing 21 on the community engagement aspect of their work as they build supported accommodation for older people in Lozells. In turn, Housing 21 are supporting Legacy WM as the organisation continues to navigate a path towards becoming a Registered Social Housing Provider through work on the Georgian Houses project. Look out for updates on our progress on this exciting project.
Moving forward, the three-year funding for the development of Legacy WM's heritage strand has now been completed, but legacy planning for the heritage offer has been challenging as several key funding providers paused new applications as they focused on emergency COVID-19 response. Heritage and Arts are key components of Legacy WM's offer, and we continue to develop plans for 2021 and beyond. Plans include the collection of over 100 stories from various nationalities that have settled in the locality, and the development of a series of podcasts to share these stories. Legacy WM also plans to develop an Arts Trail along the canal route from Birmingham to Smethwick. We hope to be successful in bids to Arts Council England and National Heritage Lottery Fund to make these exciting plans a reality.
Despite the challenges of the pandemic, Legacy WM's income for the last year has been over £300,000. We have set ourselves ambitious targets to continue this growth, we plan to raise £500,000 by the end of 2021 and £1m within three years. To support these goals Legacy WM will be recruiting a Development Manager in the New Year.
Legacy WM are hopeful that we will emerge from this pandemic as a stronger and more compassionate society. However, we are mindful that there may be difficult times ahead and we brace ourselves for the future. We aim to support the community in whatever way we can in response to the various challenges that may present themselves. Our planned celebrations to mark Legacy WM's tenth anniversary did not take place due to the Coronavirus, but we are hopeful that there will be a return of normality in 2021. The new date for the event is 17th July 2021 at Villa Park, and we hope that you will join the Legacy WM team to celebrate.
Page 5
Legacy WM
Trustees' Report for the Year Ended 31 October 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Legacy WM became a registered charity on 15 April 2011 (Charity Registered Number 1141498).
On 5 November 2018 Legacy WM changed its charity status to a Charitable Incorporated Organisation (Charity Registered Number 1180546, Registered Company Number CE015526).
The Charity is controlled by its governing document, a deed of trust, and constitutes a Charity Incorporated Organisation.
Recruitment and appointment of new trustees
Trustees are appointed by the existing trustees and serve for five years after which they may put themselves forward for re-appointment. The constitution provides for a minimum of three trustees to a maximum of nine trustees, with no more than three trustees due for re-appointment in any one year.
During the period we have recruited new members to our board which better reflects the community that we serve.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE015526 (England and Wales)
Registered Charity number
1180546
Registered office
Soho House 5 Soho Avenue Handsworth B18 5LB
Trustees
Carol Lyndon Gary Bowman Juma Begum Jesse Gerald Shawkat Chowdhury Christopher Smith Gurpreet Bhatia Alison Room Shaida Bibi
TRUSTEES' RESPONSIBILITY STATEMENT
The trustees (who are also the directors of Legacy WM for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 6
Legacy WM
Trustees' Report for the Year Ended 31 October 2020
TRUSTEES' RESPONSIBILITY STATEMENT - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 17 December 2020 and signed on its behalf by:
Carol Lyndon - Trustee
Page 7
Legacy WM
Statement of Financial Activities for the Year Ended 31 October 2020
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Charitable activities 3 Charitable Activities - Investment income 2 - Total - EXPENDITURE ON Charitable activities Charitable Activities - Other - Total - NET INCOME - RECONCILIATION OF FUNDS Total funds brought forward 46,442 TOTAL FUNDS CARRIED FORWARD 46,442 |
Year Ended 31.10.20 Restricted Total fund funds £ £ 10,543 10,543 334,835 334,835 449 449 345,827 345,827 229,103 229,103 1,660 1,660 230,763 230,763 115,064 115,064 93,523 139,965 208,587 255,029 |
Period 5.11.18 to 31.10.19 Total funds £ 3,197 199,600 305 203,102 185,999 1,296 187,295 15,807 124,158 139,965 |
|---|---|---|
The notes form part of these financial statements
Page 8
Legacy WM
Balance Sheet 31 October 2020
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 8 - CURRENT ASSETS Debtors 9 - Cash at bank 46,442 46,442 CREDITORS Amounts falling due within one year 10 - NET CURRENT ASSETS 46,442 TOTAL ASSETS LESS CURRENT LIABILITIES 46,442 NET ASSETS 46,442 FUNDS 11 Unrestricted funds: Unrestricted Restricted funds: Restricted TOTAL FUNDS |
Restricted fund £ 6,895 - 212,260 212,260 (10,568) 201,692 208,587 208,587 |
2020 Total funds £ 6,895 - 258,702 258,702 (10,568) 248,134 255,029 255,029 46,442 208,587 255,029 |
2019 Total funds £ 1,095 56,001 88,005 144,006 (5,136) 138,870 139,965 139,965 46,442 93,523 139,965 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 9
continued...
Legacy WM
Balance Sheet - continued 31 October 2020
The financial statements were approved by the Board of Trustees and authorised for issue on 17 December 2020 and were signed on its behalf by:
Carol Lyndon - Trustee
The notes form part of these financial statements
Page 10
Legacy WM
Notes to the Financial Statements for the Year Ended 31 October 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities 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
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery
- 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
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 objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 11
continued...
Legacy WM
Notes to the Financial Statements - continued for the Year Ended 31 October 2020
| 2. INVESTMENT INCOME Year Ended 31.10.20 £ Deposit account interest 449 3. INCOME FROM CHARITABLE ACTIVITIES Year Ended 31.10.20 Activity £ Grants Charitable Activities 334,835 Grants received, included in the above, are as follows: Year Ended 31.10.20 £ Aston Villa Foundation 1,000 Award For All 10,000 BBC Children In Need 12,661 Big Lottery Fund 115,238 British Council - Grandmas Tales (European Fund) 45,532 Culture Central 3,439 Groundwork - Gardening project - Happy Healthy Holidays - Heritage Lottery Fund (Herritage Office) 5,750 Historic England 9,316 Nostos Etaireia (Simra) 16,247 Saintsbury Trust - The Lunar Society - The MSE Charity - Financial literacy - University of Manchester - TWF Grant 300 Badminton England 972 Birmingham City Council 35,815 Heart of England 6,000 Living Well UK 6,460 Power to change - Housing 15,000 Power to change - COVID-19 Community Organisation Recovery Scheme 48,755 The Active Wellbeing Society 1,350 Use IT Project 3,000 WMP - Research 1,000 334,835 |
Period 5.11.18 to 31.10.19 £ 305 Period 5.11.18 to 31.10.19 £ 199,600 Period 5.11.18 to 31.10.19 £ 500 - 9,440 97,340 - 3,000 1,250 7,000 28,640 8,381 25,400 5,000 9,500 499 650 - - - - - - - - - - 199,600 |
|---|---|
Page 12
continued...
Legacy WM
Notes to the Financial Statements - continued for the Year Ended 31 October 2020
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Period | ||
|---|---|---|
| 5.11.18 | ||
| Year Ended | to | |
| 31.10.20 | 31.10.19 | |
| £ | £ | |
| Depreciation - owned assets | 1,660 | 1,296 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2020 nor for the period ended 31 October 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2020 nor for the period ended 31 October 2019.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Period | ||||
|---|---|---|---|---|
| 5.11.18 | ||||
| Year Ended | to | |||
| 31.10.20 | 31.10.19 | |||
| Employees | 10 | 9 | ||
| No employees received emoluments in excess of £60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| funds | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | - | 3,197 | 3,197 | |
| Charitable activities | ||||
| Charitable Activities | - | 199,600 | 199,600 | |
| Investment income | - | 305 | 305 | |
| Total | - | 203,102 | 203,102 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Charitable Activities | - | 185,999 | 185,999 |
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Page 13
continued...
Legacy WM
Notes to the Financial Statements - continued for the Year Ended 31 October 2020
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ Other - Total - NET INCOME - RECONCILIATION OF FUNDS Total funds brought forward 46,442 TOTAL FUNDS CARRIED FORWARD 46,442 8. TANGIBLE FIXED ASSETS COST At 1 November 2019 Additions At 31 October 2020 DEPRECIATION At 1 November 2019 Charge for year At 31 October 2020 NET BOOK VALUE At 31 October 2020 At 31 October 2019 |
- continued Restricted Total fund funds £ £ 1,296 1,296 187,295 187,295 15,807 15,807 77,716 124,158 93,523 139,965 Plant and machinery £ 2,391 7,460 9,851 1,296 1,660 2,956 6,895 1,095 |
|---|---|
Page 14
continued...
Legacy WM
Notes to the Financial Statements - continued for the Year Ended 31 October 2020
| 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors 11. MOVEMENT IN FUNDS At 1.11.19 £ Unrestricted funds Unrestricted 46,442 Restricted funds Restricted 93,523 TOTAL FUNDS 139,965 Net movement in funds, included in the above are as follows: Incoming resources £ Restricted funds Restricted 345,827 TOTAL FUNDS 345,827 |
2020 2019 £ £ - 56,001 2020 2019 £ £ 89 573 2,472 1,778 8,007 2,785 10,568 5,136 Net movement At in funds 31.10.20 £ £ - 46,442 115,064 208,587 115,064 255,029 Resources Movement expended in funds £ £ (230,763) 115,064 (230,763) 115,064 |
|---|---|
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continued...
Legacy WM
Notes to the Financial Statements - continued for the Year Ended 31 October 2020
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds Unrestricted Restricted funds Restricted TOTAL FUNDS |
At 5.11.18 £ 46,442 77,716 124,158 |
Net movement in funds £ - 15,807 15,807 |
At 31.10.19 £ 46,442 93,523 |
|---|---|---|---|
| 139,965 |
Comparative net movement in funds, included in the above are as follows:
| Restricted funds Restricted TOTAL FUNDS |
Incoming resources £ 203,102 203,102 |
Resources Movement expended in funds £ £ (187,295) 15,807 (187,295) 15,807 |
|---|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2020.
13. ULTIMATE CONTROLLING PARTY
The charity is controlled by the directors/trustees.
Page 16
Legacy WM
Detailed Statement of Financial Activities for the Year Ended 31 October 2020
| Detailed Statement of Financial Activities for the Year Ended 31 October 2020 |
||
|---|---|---|
| Period | ||
| 5.11.18 | ||
| Year Ended | to | |
| 31.10.20 | 31.10.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 10,543 | 3,197 |
| Investment income | ||
| Deposit account interest | 449 | 305 |
| Charitable activities | ||
| Grants | 334,835 | 199,600 |
| Total incoming resources | 345,827 | 203,102 |
| EXPENDITURE | ||
| Charitable activities | ||
| Gross wages and salaries | 95,245 | 100,961 |
| Pensions | 3,364 | 8,213 |
| Sessional workers | 23,870 | 19,069 |
| Project delivery costs | 54,051 | 20,663 |
| Travel and subsistence | 277 | 3,204 |
| EU project delivery costs | 33,146 | - |
| 209,953 | 152,110 | |
| Other | ||
| Plant and machinery depreciation | 1,660 | 1,296 |
| Support costs | ||
| Finance | ||
| Bank charges | (3,878) | (486) |
| Other | ||
| Staff training and welfare | 490 | 964 |
| Recruitment expenses | - | 74 |
| Rent payable | 7,258 | 10,000 |
| Venue hire | 895 | 3,446 |
| Sundries | 340 | 1,365 |
| 8,983 | 15,849 |
This page does not form part of the statutory financial statements
Page 17
Legacy WM
Detailed Statement of Financial Activities for the Year Ended 31 October 2020
| Detailed Statement of Financial Activities for the Year Ended 31 October 2020 |
||
|---|---|---|
| Period | ||
| 5.11.18 | ||
| Year Ended | to | |
| 31.10.20 | 31.10.19 | |
| £ | £ | |
| Other | ||
| Other 2 | ||
| General office expenses | 3,385 | 939 |
| Subscriptions | 13 | 48 |
| Insurance | 764 | 634 |
| Equipment | 1,041 | 393 |
| Software expenses | 431 | 1,408 |
| Telephone | - | 20 |
| Postage and stationery | 862 | 1,719 |
| Consultancy fees | 5,500 | 10,569 |
| 11,996 | 15,730 | |
| Governance costs | ||
| Accountancy fees | 1,650 | 1,650 |
| Legal fees | 399 | 1,146 |
| 2,049 | 2,796 | |
| Total resources expended | 230,763 | 187,295 |
| Net income | 115,064 | 15,807 |
This page does not form part of the statutory financial statements
Page 18
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages |
Charity Name Legacy West Midlands |
Charity Name Legacy West Midlands |
Charity Name Legacy West Midlands |
|---|---|---|---|
| 31stOct 2020 | Charity no (if any) |
1180546 | |
| (remember to include the page numbers of additional sheets) |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Oct 2018
IER
1
Independent examiner's statement
[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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 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 accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed:
Date: 2.02.2021
Name: Shaista Mukadam
Relevant professional Institute of Chartered Accountants of India qualification(s) or body (if any):
Address: 30 Wheeleys Road
Edgbaston Birmingham B15 2LF
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Oct 2018
IER
2
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
IER
3