REGISTERED COMPANV NUMBER: CE01874B (En￿and and Wales) REGISTERÉD CHARITY NUMBER: 1185192 REPOPTOF ThE TRUSTEES AND UNAuDrfED FINANCIAL STATEMENTS FOR THE YEAR ÉNDED 31 OECEMBER 2023 FOR 291 COMMUNifi ASSOOATION CIO J W Hinks LLP Chartered Accountants 19 Highfleld Road Edgbaston Blrrnln8ham West Mldlands 815 38H 291 COMMUNITY A550CIATION CIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 R•port of the Twustees Independent Exomlnerfs Peport Statemtnt tsf Fln•n¢l•l ActI￿tI•$ OalanceSh••t Not05 to th• Fln•n¢l•l Stslem¢nts 9 to 18 291 COMMUN￿ ASSOCIATION CIO IREGISTEREO NUMBER: CE0187481 REPORT OF THE TRUSTEES FOR THÉ YEAR ENDEO 31 DECEMBER 2023 The trustees present thelr report with the financlal statement5 of the charlty for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reportlng by CharIt￿5.. Statement of Recommended Practlce applicable ttr charities preparing their account5 in accordance with the Flnanclal Rep)rtln8 Standard applicable in the UK and Republic of I[e￿nd IFRS 1021 leffective l January 20191. OBJEcfivES ANDA￿￿TrIEs Oblertlves and alms The oblett of the charlty Is to provide facSlltles for recreation and other lelsur&tirne occupation In the Interests ol soclal welfare for the public in 8eneril Sncludlng, but not exclus5vely. resldents of the borou8h of 5andw¢ll, prln¢lp311y In the area of West 8romwlch. S*nllkanlattivrtl•s The runDin8of the 291 Creat￿e Hub fDrolder people to reduce lone15ness and Isolatlon. The effects of the pandemk was Ir5 fact a leainln8 curve. we were forced to change and adapt our methods of stsylng connected wlth our member5 vla Telephone, WhatsApp groups. Facebook, Twitter, and In5t38ram account5. In addltlon, vlrtual attlvltles were used, wilh the help of a 8rant, we purchased SIM card tablets to enable those wlthout the means to loln In the a£tlvitles of the 291 Creatlve Hull to de so, However, this wa5 Ilfflited due to our members needln8 on-slte trainlni. Obr Online group5 on WhatsApp, Facebook, Twltter, and Instè8ram contSnue to enable members to stay In re8ular contact wlth each other. Particular￿ those who Ilve alene andlor who have moblllty challenges, to enable conversatlons and friendshlps that would normalty have taken place at the on-55te Hub to contlnue. The soclal actlvStles prevlded Include Frlendshlp Grgup,. Craft and Chat; Art Cl355' Creat￿e Craft, DIRltal Group.. Gentle Exerc15e to Must and Walkln8 Fwiball, Easy cookln8 once a month and Sing Along twice a month. Two new monthly actlvltles were startèd durlng the year n4rrely Book Club and Walk around the Park. Due to the effect ol the Covld pandemSc and the ￿luctanCe tsf our fflembers to attend on-sf(e, our actlvkles contlnue to be blended wlth actlvltles both on slte and on Zoorn. We are pleased to report that our tsn-5￿e actlvltle5 have 8raduèlly returned to normal w5th our members gradual returning but they has Still been very cautlous and 50 our number5 have yet to return to what they were befo￿ the pindemlc. We consult our member5 vla thelr representatives at the bl-mnthly Steerlng Group meetln85 to communlcate Ideas and dlscu55 fvlu￿ actlvStie5 and events, Publlc ￿nefIt When plannlng the attlvltie5 and prolects lor the yeaT. the Tru5teE5 a￿ commltted to provldlng faellltles for use by as many Member5 of the publlc a5 P055ible. They are also commltted to en5urln£ that thc5e facllltles are fft for purpose, secure and safe. Social In¥estments We have no investrnents and are unllkelyto be In a posf(ion whlch wlll warrant S￿h a wllcy. Grantmakln¢ We have no Intentlon to make 8ranis to other charitiès. Page I 191 COMMUNITY ASSOOATION CIO IREGISTERÉD NUMBER: CE0187481 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 OBJECTNESAND AcnviTIES Volunteers As a small charity we value the assistan￿ provlded by volunteers, wf(hout whom our alms and attivlties would be more diff5cult to achieve. Ahhough thi5 has ￿en another difficult year due to the effects of the pandemk. our rnembers have benef￿ed by being able to contact each other and take part In actlvkles elther on slte or by other means wh￿ch would not otherw15e have been avallable to them. In our surveys they have Informed us how happy they have left due to being part of the 291 (￿atIve Hub. ACHIEVEMENT AND PERFORMANCE Ch•rltable attl¥liits In thi5 fourth year of the CIO our work wlth member5 of the publlc in the 291 fvatlve Hub has contlnued both enslte and on logm to enable our members to contlnue to use whichever way they w5sh to malntain contact wlth us and our actlvitle5, i.e. telephone. whatsApp groups, Twltter, Facebook, Instagram, and Zoom. By blending our activitie5 In thls wayi we hope that In the future we wlll be extendln8 the scope of reachlng more lone￿ and isolated people. We have achleved some ol our alms thls year but due to the efferts of the pandemlc on our member5 and thelr reluctance to attend our physl£al meeting on 55te our bulld-up of attendance numbers has been Ilmlted. Fundr•lsln8 artlvltleg The fundraisin8 objectlve 15 to rè15e funds to sustaln thè 291 Cre3tlve Hub. The Natlonal Lottery Community Fund provlded core fundSng for the year whlch wa5 supplerneffled by two 5rnall grants111 Sandwell Community 1nlr35tructure Levy funded vldeo st￿amIng equlpment to enhance the onllne experience and lill Local Glvln8 IMa8lc Little Grant51 helped fund posi Covid expan510n. FINANCIAL REVIEW Flnanclal posltlon During ihe year ended 31 Decernber 2023 Incornin8 resources totalled E72,15412022.. £59,223) and outgoing regources tOtal￿d £58.00712022.. £48,003). This resuked In a net SUTplus for the year of £14,14712022.' net surplus of £11,220). As at 31 December 2023 the charlty had ¢losln¥ net asset5 of E105.263 wlth £15,278 belng unrestricted and E89,985 belng re#rlcted. Prlnclpal fundlng 5tsur¢ The Ch4rRy's pdnclpal sources of Income are grants and donatlons. NatioTral Lottery Re3chin8 Communitles Fund- yant for 3 years The Albert HuntTrust Heart of England Community Ftsundatk)n The W E Dunn Trust The Edward & Dorothy CadburyTrust Loc)1 Mason5c Lod8e5 There are 31so contdbutions from Wesley Methodlst Church. Page 2 291 COMMUNITY ASSOCIATION CIO (REGISTERED NUMBER.. CE0187481 REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 OECEMBER 2023 FINANCIAL REVIEW Reserves poliry Thi5 15 the fourth year of the CIO, which being a small charlty wlth no flxed Income Is dependent On 8rnnts and the donaisons fiorn the members of the 291 Cre4tNe Hub. As at 31 December 2023 the level of unre5trfcted reserve5 In the charltytotslled £7,02412022.. £5,4881. GolnK concern We need grants to cover the staff ccst of the 291 Creathe Hub. We are grateful to the National Lottery as the grnnt for 3 years has given us stability which will 311ow us over tsme to rebulld our reseNes and contlnue wtth our aSrn5 Into the future. STRUCTURE, GOVERNANCE AND MANAGEMENT Go¥emlng documènt The charlty Is controlled by Its 8overnlng document. a deed ol trust, and ctsnstltutes a charttable Sncorporated or8anlsatlon ICIOI, Ilmfted by guarantee. Rffrultrnent ind appolntment of newtrustees Potential trustees are 5dentrfled and approached by exlstlng trustees. The Intentlon 15 to have as wlde è base of 5klll, knowledge and experience as posslble wlthln ihe trustees appolnted. In accordance wlth the constitutbn, there must be at le•M 3 trusteeg with a maxlmum of 9. Apèrt from the flrst charfty trustees, every trustee must be appolnted lor a term of 3 year5 by a res(plutlon passed at a property convened meetln8 of the charlty trustees. On appolntment. each charlty trustee will be 155ued w￿h a copy of thè turrenr constltution and a copy of the latest Tru5tee5' Annual Report and statement of accounts. A Trustees Recrultment Pollcy and Trustee's Recrultment Pack have produced, as well a5 a Trustees Welcome pack. 0r8anl5atl0n￿ svu¢ture The charlty rru5tee5 may dele8ète any of thEir powers or functlons to a commlttee or comrnktees, and. If they do, they shall detemine the iems and conditions on whlch the delegatlon Is rnade. The charlty trustee5 may at any tlme alter thoseterrns and condltlons or revoke the delegatlon. REFERENCE AND ADMINISTRATIVE DETAILS Re815tered Company number CE018748 IEngland and Wale51 Roglstered Chjrlty numbEr 1185192 Rostered offic* Wesley Methodlst Church 291 High Street West Bromwich B708ND Page 3 291 COMMUNITY NSSOCIATION CIO (REGISTERED NUMBER: (E0187481 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Trustee5 Mr D H Percival Mr A D J Cooksev Rev C J Holden Mrs B Still Comwiny Secret•ry Mr A D J Cooksey Ind•p•nd•rt EMamSner J W H1nk5 LLP Chartered Aecountants 19 HS8hfleld Road Ed8ba5ton Blrmln8ham West Mldlands 815 3BH Approved by order of the board of trustee5 on 19 Septembèr 2024 ond s48ned on Its behalf bv: Mr D H Perclval- Trustee Pa8e 4 INDEPENOENT EXAMINER'S REPORTTO THE TRUSTEES OF 191 COMMUNITY A550CIATION CIO Independeni examiner's report to the tn4Mees of 291 Communlty A550datlon CIO I'the Companv'l report to the charity trustees on my exawinaticn of the account5 of the Cornpany for the year ended 31 December 2023. Responslbiiiiles and bas15 Ot report A5 the char5ty'S trustee5 of the CoM￿n¥ land also its directors for the purposes of comparsy lawl you a￿ responslble for the preparation of the accounts in accordance with the requirements of the Companie5 Act 20Q￿ I'the 2006 Act'l. Havlng 5atlsfied myself that the accounts of the Company are not ￿qUIred to ￿ audited under Part 16 01 the 2006 Act and are ellgible for independent examlnatlon. I report ID re5pett of my exarninatlon of your charitV'5 accounts ès carrled out under Sectlon 145 of the Charitie5 Act 2011 1.the 2011 Act'l. In carrylng out rny examln4tlon I have followed the Directions glven by the Charlty Commlssk)n under Section 145151 Ibl of the 2011 Act, Independent examlner'5 51atement I have completed my examination. I conflrm that no matters have come to my attentlon In connectlon wlth the exarn5nation gfvlng me cause to belleve., accountlng records were not kept In respect of the Compènyas requlred by Sectlon 386 olthe 2Q06 Act,. or the accounts do not accord wlth those ￿CordS.. or the account5 do not comply wlth the accountln8 wU1￿mentS of Sectlon 396 01 the 2006 Act other than ony requirement that the accounts 8lve a true and falr vSew wh5ch Is not a mètter consldered a5 part of an Independent exaffllnatlon,. or the accounts have not been prepared in accordance w￿h the rnethods and prlnclples of the Statement of Recommended Practl¢e for accountin8 and reportlng by charitles lapplicèble to charltles preparlng thelr accounts in accordance wlth the Flnanclal Reportlng Standard appllcable Sn the UK and Republlc ol Irelafid IFRS 10211. I have no concern5 and have come across no other matters in connectlon wlth the exarninat5on to whlch attentlon should be drawn Sn thls report In order to enable 8 proper under5tsndln8 of the accounts to be reached. 4(G Ja￿5 Cruse. ACA, FCCA J W Hlnks LLP Chartered Accountants 19 Hl8hfield Road Edgba5ton 8lrmingharn West Mldlands 815 3BH 19 September 2024 Page 5 291 COMMUNITY A5500ATION CIO STATEMENT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2013 Total funds 2022 Total funds Unrestricted fund5 Restricted fund5 Notes INCOME AND ÉNDOWMENTS FROM Oonatlons and le8acies 10,145 62AK19 72.154 59,223 EXPENDITURE ON Charftable ac15¥ltles ProvI￿on ol activlties and workshops 37,213 37,213 32,558 Other 354 20,440 20,794 15.445 Tot•1 354 57,653 51007 48,003 NET INCOME 9,791 4,356 14.147 11.220 RECONOLIATION OF FUNDS Total funds brou8ht fotward 85,618 9L116 79.896 TOTAL FUNDS CARRIED FORWARD 15.279 89,984 105,263 91,116 The note5 form pèrt of these financial staternents Page 6 291COMMUNITY ASSOOATION ao IREGISTERED NUM8ER: CE0187481 BALANCE SHEET 31 DECEMBER Z023 20Z> Total funds 2032 Total funds Unrestricted fund5 Restricted funds Notes FIXED ASS￿5 Tangible assets 2A18 30,807 33225 38.039 CURRENT ASSETS Cash at bank and In hand 17,109 59.178 76387 58,137 CREDITORS Amounts falllng due wlthln onè year 14,2491 14,2491 15,0601 NET CURRENT ASSETS 12,860 59,178 72,038 53,077 TOTALASSEfs LESS CURRENTLIABIUTIES 15,278 IOS263 91.116 NET ASSETS 15,278 89,985 105,261 91,116 FUNDS Unrestdcted fund5 Restrlcted lunds 15,278 89.985 5,488 85,628 TOTAL FUNDS 105,263 91,116 The charitable company Is entIt￿d to exemptlon from audlt under Sectbn t177 of the Companles Act 2tl)6 for the year ended 31 December 2023. The members have not requlred the iompany to obtain an audr( of Its fSnanclal statements for the year ended 310ecernber 2023 in accordance with 5ectlon 476 01 the Companle5 Act 2006. The tfU5tees acknowledge their responslbllltlesfor ensurlng that the chJritable cornpany keeps accountlns records that comply with 5ectlon5 386 and 387 of the Companies Att 2006 and preparing flnanclal stèiements which 8lve a true and falr view of the state of affalrs of the charltaUe company as at the end of each financlal year and ol Its surplus or deflcit lor each fSnancial year in accordance wlth the quirements ol Sertions 394 and 395 and which otherwise cornp￿ wlth the requirements of the Comp3n*s Act 2006 relatin8 to financlal statemeTht5, x) far as applicable tothe charitable CDmpany. The notes forrn part Df ihe5e Pinancsal 5taternents Poge 7 continued..- 291 COMMUNITY ASSOCIATION CIO IREGIStERED NUMBEK. CE0187481 BALANCE sHE￿- contlnu 31 DECEMBER Z023 These flnanclal statements have been prepared in accordance with the Provisions applicable tD charitable companles subject to the small companles re8lme. The flnanclal statements were approved bythe Board of Tru5tee5 and authorised for issue on 19 September 2024 and were 5Igned on Its behalf bv.. Mr O H Perclval- Trustee MrA D J Cooksey-Trustee The note5 form pèrt of these flnancial ststements Pa8e 8 291 COMMUNITY A5soaATION ao NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JI DECEMBER 2023 ACCOUNTING POLlaES BASSS OF PREPARING THE FINANaALSTATEMENTS The flnanclal statements of the charltable company. which 15 a public beneflt entity under FRS 102, have been prepared in accordance wlth the Char5tles SORP IFRS 1021 'Accounting and Reportlng by Charlties.. Ststement of Recommended Practlce app1ka￿e to charities preparing their accounts in accordance wlth the Flnanclal Reportln8 stsndard applicable In the UK and Republlc of I￿land IFRS 1021 leffettlve l January 20191,, Financlal ReportlnB Standard 102 The Financial Reportlng Standard applicable In the UK and Republlc of Ireland, ond the Companie5 Act 2006, The financial statements have been prepared underthe hlstorlcal cost conventlon. INCOME All Income 15 recognised In the Ststernent of Flnanclal Actlvbties once the charity has entltlement to the fvnds, Is probable that the Incorne wlll be recelved and the afflount can be rnea$U￿d ￿lIably. EXPENDITURE Llabllltle5 are recg8nlsed as expendlture as soon as there Is a legal or con5truttlve obligètlon committln8 the chaflty to that expenditure, It Is probable that a transfer of economlc beneflts will be requlred In settlement and the amount ol the obll8ation can be rnea$u￿d reliably. Expenditure Is accounted for on an accruals basls and has been cl8ssKied under headln85 thèt aggregate all cost related to the caiegory. Where costs cannot be directlv ttributed to partlcular headln85 they have been allocated ro actlvbtles on a bas15 con515tent wrffh the use of resources. TANGIBLE FIXED ASSETS Depreclatlon 15 provlded at the followln8 annual rates In order to wrtte off each asset over Its estlmated useful Flxtures and flttin85 IO% on tost TAXATION The charlty Is exemptfrom corporatlon ta¥ on Its charltable actNltles. FUND ACCOUNnNG Unrestrlcted f￿ndS can be used in accordance with the charltable oblectlves atthe d15cretlon of the trustees. Restricted funds can only be used for partlcular re5tritted purp)5e5 wlthln the objects of the charlty. Restrlctions arise when speclfled by the donor orwhen funds are ralsed lor particular re5trlcted purposes. Furtherexplanatlon of the natu￿ and purpose of Bach fundls Included In the notestothe flnanclal staternents. Page 9 continued... 291 COMMUNITY ASSOOATION CIO NOTE5 TOTHE FINANCIAL STATEMENTS-contiNed Fott THE YEAR ENDED 31 DECEMBER IOZ3 NET INCOMEIIEXPENDITUREI Net Incomellexpenditurel 5$ stated after chargin￿{Cred￿lngl. 2023 2022 Depreclai(on-owned assets 4,814 4,811 TRUSTEE5' REMUNERAnON AND BENEFITS There were no trustees, ￿M￿neratIOn or other ￿netr(S for the year ended 31 December 2023 nor lor the ye•r ended 31 December 2022. TIIUSTEES. EXPENSES The￿ were no trustees, expenses pald for the year ended 31 Qecember 2023 nor for the yèar ent*d 31 Decernber 2022. TANGIBLE f IXED ASSETS F5xtures and fbttlngs COST At l January 2023 and 31 December 2023 48.S14 DEPREaATION At l January 2023 Charge lor year IOA75 4,814 At 31 Dectmber 2023 IS,289 NET BOOK VALUE At 31 Decernber 2023 33,125 At 31 December 2022 38.039 Page 10 contlnued. 291 COMMUNITY ASSOQATION ao NOTES TOTHE FINANCIAL STATEMENTS- rorttinued FOR THE YEAR ENDED 31 DECEMBER 2023 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YUR 2013 2022 Other c￿dItorS Accrued expenses 1,632 3,428 3,154 4,249 5,060 MOVEMEMf IN FUNDS Net movernent In fund5 At 31.12.23 At 1.1.23 Unrestrlct*d funds General fund 9,790 IS,278 R•strltt•d funrtj Allchvrches Trust The Veolla Envlronmentsl Trust The Merclzn Trust Thè Rank Foundatlon Wesley Method15t Church Edward & Dorothy Cadbury Trust The Mlchael Marsh Charltable Trust The Grlmmlt Trust Leeds Buildln8 5oclety Charitsble Foundation National Lottery Community The Beatrice Lain8 Trust CIL 5andwell MBC 1,949 12481 13,1591 iiooi 11001 1441 iiooi 11481 ii(w) 1,701 21,707 7,433 7,389 1,169 L021 iiooi 8,817 11981 11631 43,271 1,559 1.481 52,088 1,361 85,628 4,357 89.915 TOTAL FUNDS 91,116 14,147 105363 Page 11 contlnued. 291 COMMUNITY AssoaATlON ao NOTES TO THE FINANCIAL5TATEMENTS- contlnutd FOR THE YEAR ENDED 31 DECEMBER ZO23 MOVEMENT IN FUNDS. cOn￿n￿ed Net movement In funds, Included In the above are as follow5.. Incomlng resources Resources expended M0ven￿￿t In funds Llnrestri