BOURNVILLE HUB CIO CHARITY NUMBER 1187528 REPORT AND ACCOUNTS YEAR TO 31ST MARCH 2025 Contents Page No. Legal And Administrative Infomation Trust88s Report Accountant's Report Statement Of Financial Actiwlies Balance Sheet Notes To The Accounts 8-11
BOURNVILLE HUB CIO LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR TO 31ST MARCH 2025 istralion The charity was incorporated, as a Charitable Incorporated Organisation registered with the Charity Commission for England and Wales on 23rd January 2020. Trusloes John Dolan {Chairpersonl Molra Wright Edward Rutledge Roderick Welch Arthur Tsang ICo-OPte(11 islered Office and O eralional Address 27. Sycamore Road, Bournv*ll8. 8irrningham. 830 2AA Accountant M. A. Edwards Accountants Limited, Chartered Accounlanls, 26, The Green, Klngs Norton. Birmingham. B38 8SD. Bankers CO0ratIVe Bank, PO Box 4931, Swndon, SN4 4PL
BOURNVILLE HUB CIO TRUSTEES REPORT FOR THE YEAR TO 31ST MARCH 2025 The Iruslees are pleased to present their annual trustees, report together with the financial statements of the charity for the year ended 31 March 2025. which are also prepared to meet the requirements for a trustees, report and accounts. The financial statements comply wlh the Charities Act 2011 and the Memorandum and Articles of Association. The trustegs have adopted the provisions of Accounting and Reporting by Charthes.. Statement of Recommended Pra¢b'¢e appli¢abl& to charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Trustees The trustees. who are all members. who served dullng the year were as follows :. John Dolan (Chairperson) Moira Wright Edward Rutledge Roderick Welch Arthur Tsang Icowopledl Trustees Res onsibililies Charty law requires the tnjslees lo prepare financial slalements for each financial p8riod which give 8 true and fair vw of the state of the affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these the Iruslees are r6guirod to". select suitable accounting policies and apply them conslslently., make judgoments and eslimales that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject lo arry material departures disclosed and explained in the financial stslemenls. prepare the financial ststemenls on the going concern basis unless it is inappropriate lo presume that the charity will continue in operation. The Iruslees are responsible for kèeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the charity and lo enable them lo ensure that the financial statements comply wlh the Charities Act 2011. They are also responsibl8 for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Ob'eclives and Activities Thg objects of the charity, as set out on the Charlty Cornmission websitè -. Boumville Hub CIO exists to bengfil the residents of Bournville and the n8hbOurhood, wlhout distinction of sex, sexual orienlalion, race or of political, religious or other opinions by associating togeiher the said residents and the local aulhorilies. voluntary and other organisatsons in a common effort to advance education and lo provide fa¢ilities in the interests of social weware. In order to further these objects. the charity runs the community building known as The Hub on the Green.11 runs a year-round programme of events for the residents of Bournville. The charity employB a full time Hub Manager. along a part lime A$stant Manager.
BOURNVILLE HUB CIO TRUSTEES REPORT FOR THE YEAR TO 31ST MARCH 2025 Govemance Bournwlle Hub is a Charitable Incorporated Organisalion ICIOI registered with the Charity Commission on 23 January 2020. It is govemed by a board of trustees. All neY appointed trustees ar8 given sufficient training and have enough knoedge to control and effect the charills govemance, strategy and operations effeclivety. Trustees are recruited, on the basis of having a broad range of knowledge and experience across the board of trustees. There are currently four trustees each bringing a sel of skills andlor experience relevant lo the needs of the Hub at the present lime. In addition. there is a coopted member being an officer of Bournville Village Trust which both awards the Hub on the Green an annual grant and plays a key role in bringing together varlous community organisations in Boumville to work together. This is essential lo the Hub and in keeping with the trustees, aspirations for thè Hub to be a key player with others in the lite of the community. Review of Activities This year the Hub on the Green has grown sKJnificantly as an inclusive community space offering social connection, leaming opportunities, cuttural activity and practical support. Staff and volunteers have expanded programmes including Warni Welcome sessions. digitsl support for older people. arts and craft groups. family activities, wellbeing sessions and community advice drop-ins. Over the year 2,895 people attended aclivilies, 721 joined Warm Welcome sessions, 19 community groups used the Hub, 286 s¢hool uniforrn items were dislribuled, 82 older people received digital support, 66 bikes were checked, and volunteers conlrSbuled 1.091 hours. The Hub played an active role In community events such as Lunar New Year, Boumville's first Pride Picnic, the Christmas Festival and cycling activities with Eco Birmingham. Strong partnerships were developed with Boumville Village Trust, Age UK. Birmingham City Council, Selly Manor Museum and others. A consortium bid led by the Hub SeCud £63,0001£50,000 capital.. £13,000 revenue) lo establish Boumville as a °Cullural Ath"on Area. under the title Boumville Live. The revenue portion has funded design works and public Icommunity consullalion., the capital will will fund thg physical Construction following planning approval now expected summer 2026. The cuttural potential is in keeping with and wll enhance the Hub's purpose and objectives. The Hub continues lo provide a welcoming, accessible space that reduces isolallon, supports wdlbeing and strengthens community life. When planning the vallous activities. the trustees have had regard to the Charity CommissK>n's general guidance on public benefrt. We acknowledge the generous lime given for free by our many volunteer helpers.
BOURNVILLE HUB CIO TRUSTEES REPORT FOR THE YEAR TO 31ST MARCH 2025 Goin Concem The finanaal statements have been prepad on a going concem basis as the twstees believe that will Continue for at least the next 12 months. The Iruslees have consided the level of funds held and the expected level of income and expenditure for 12 months from the Balance Sheet date. As al the authorisalion dale the Twslees have consldered the level of reseNes and the commitments now made on behalf of the Charity by employing 2 people and taking on a 5 year lease with Boumville Village Trust and have concluded that core funding continues to be required alongside funding for spe¢ifi¢ aclivilies. Previous success in $8¢uring funds is benchmark for success in this regard and fundraising contsnues to be a Prrity for the Hub trustees. The Trustees have adopted a reserves policy of maintaining at least 12 months running costs within general unrestricted reserves, the level of reserves 8131 March 2025 does not meet wth this requirement. However, actions are in place to remedy this and increase capacity for fundraising. Risk Review The trustees have reviewed the risks facing the ¢h8rily. They will continue lo seek future sources of funding lo guard again51 a signrficanl reduction in funding in the future. The trustees of the charily, are involved in, and monitor the activities lo avoid a fall in the quality of the facilities. These accounts have been prepared and delivered in accordan wth the provisions applicable to the small entities regime. This rep was approved bythe L*)ard of Iruslees on 3110712026 and signed on ils behalf by:" John Dolan Trustee
BOURNVILLE HUB CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOURNVILLE HUB CIO FOR THE YEAR TO 31ST MARCH 2025 I report on the accounts of the charity for th& year ended 31st March 2025, which ar8 sel out on pages6to 11. RespectNe responsibilities of trustees and examiner Th& trustees aT8 responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. Having satisfied fnyseK Ihal the charKy Is not subject to audit under charlly law and is ellgible for Independent examination, il is my responsibility lo.. examine the accounts under section 145 of the 2011 Act., lo follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5llbl of the 2011 Act,. and to slate whether particular matters have come to my attention. This report is made solgly lo the charitys Iwslees, as a bcxjy. Oijr examination work has been undertaken so that we might slate lo the charitls those matters that we are required to stale lo them in our examinorfs report and for no other purpose. To the fullest extent pemitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as body, for our examination work. for this report, or for the opinions we have formed. Basis of ind•p•nd•nt examiner's raport My examination was carried out in accordance wth the general directions given by the ChaTIIy Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the ewdence that would be requrred in an audit and consequently no opinion is given as lo whether the accounts present a 'true and fair view. and the report is limrted to those matters set out in the statement bel¢)w. Indopandant examin•rfs $tatomont In connection with my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting reeords in accordance wlh the Charities Act 2011,. and to prepare accounts which accord wth the accounting records, Compty with the accounting requirements of the Charities Act 2011 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charitie5 have not been mel., or 121 lo which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be reached. IL/5/z Michael Alan Edwards For and on b&half of :_ M. A. Edward5 Accounlanls Limited Chartered Accountants 26, The Green, Kings Norton, Birmingham, B38 8SD
BOURNVILLE HUB CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31ST MARCH 2025 2025 2024 Notes Designatsd Restricted Unrestricted Funds Funds Fund Total Total In min Hire of facilities Grants Donations 25,650 25,650 19,434 37,100 67,206 24,514 2,202 2.202 4.649 30,106 Total incomir¥J resourcgs 30,106 64,952 95,058 48,597 Resou SEX nded Dire¢t ¢haritsble expenses 130,1061 160,2531 190,3591 {64,6431 Totsl resour¢8s expended 30,106 60,253 90,359 64,643 Net incomingloulgoing resources 4,699 4,699 {16,046) Accumulated funds blf 32,623 32,623 48,669 Accumulated funds clf 37,322 37,322 32,623 The notes on pages 8-11 fomi part of these accounts.
BOURNVILLE HUB CIO BALANCE SHEET AS AT 31ST MARCH 2025 Notes 2025 2024 Tan ible Fixed Assets 1,195 Current Assets Debtors Cash at bank and in hand 281 31,147 31.428 37.679 37.679 Creditors- amounts falling due within one year 1.320 Nel Cutrent Assets Nel Assets 36,359 37,322 31,428 32,623 Reserves Warm Wekome Cycling UK Over 50's Pride Unrestricted Fund 37,322 37,322 32,623 32.623 In approving these financial slalements as trustees of the charitable incorporatsd organisation ICIOI w8 hergby confirm.. - lal That for the year to 31st March 2025 the CIO was entitkd to the exemption conferred by Charities Act 2011., Ibl That no notice has been deposited at the registered office lo request that an audit be conducted for the year., Icl That we acknowledge wr responsibilities for., 11 } Ensuring that the CIO keeps accounting rg¢ords which comply with the Charities A¢t 2011,. 12} Preparing financial statements which give a true and fair view of the slate of affairs of the CIO as at the end of the financial year and of its surplus Dr deficit for the year then ended in accordance with the requirements of the Charilles Act 2011 and which othèrwise comply wth the provisions of the Charities Act relating to financial statements, so far as applicable to the CIO. These finanaal statements have been prepared and delivered in accordance Tmth The Financial Reporting Standard 102 applicable to the U.K. and Ireland., Part Vl of the Charitie5 Act 2011; The Slal8ment Of Rgcommended Pradice on Accounting and Reporting by Charities for Smaller Entities. These financial slalements were approved by the board of trustees on 3110712026 and signed on its behalf by:" John Dolan Trustee The notes on pages 8-11 form part of these accounts.
BOURNVILLE HUB CIO NOTES TO THE ACCOUNTS FOR THE YEAR TO 31ST MARCH 2025 ACCOUNTING POLICIES Accountin Convention The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard 102 applicable to thè U.K. and Ireland, and Charities Act 2011. They also follow the recommendations in Accounting and Repx)rting by Charities.. Statement of Recommended Practice for Sm811er Entities ICh8rilies S.O.R.P. FRSSEI. ources The value of services provided by volunteers has not been included. Grants are recognised in full in the Statement of Financial Actiwties in the year in which they are receivable. Out oin RourceS Resources expendèd are recognised in the y8ar in which thgy are incurred. Resources expended inclLJde altributable VAT which cannot be recovered. Resources expended are allocated lo each activity I fund where the cost relates lo that activity I fund. The cost of general administration has been allocated to the unrestricted fund. Funds The Unrestricted fund is incoming resources which are used for the objects of the charty, without any specrfied purpose or further restriction. Restricled funds ¢an only be used for the specrfic purposes as decided by the donor, tI)In the objects of the charity. recialion Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful lrfe, as follows.. Equipment, Fixtures and Fitbngs 15% p.a. straight line basis. GRANTS 2025 2024 Warm welcome Cycling UK SONNS Pride Cadbury Lottery awards Bournville Village Trust 13.000 1,607 14,999 500 10,000 20,000 7,1fK) 3,500 9,550 11,464 67,206 24,514
BOURNVILLE HUB CIO NOTES TO THE ACCOUMTS FOR THE YEAR TO 31ST MARCH 2025 NET IN OMIN RE 2025 2024 This is stated after charging Salaries Trustees, expenses Trustees, remuneration 53,603 25.943 Number of employees Therg Were no related party transactions. TANGIBLE FIXED ASSETS For charitable use Equipment, Fixtures and Fittings Cost Balance bir Additions Balance df 1,548 1,548 De reciati Balance bff Charge Balance clf 353 232 585 Balance blf Balance cjf 1.195 963 DEBTOR 2025 2024 prepanents 281 CREDITOR 2025 2024 Accruals 1.320
BOURNVILLE HUB CIO NOTES TO THE ACCOUNTS FOR THE YEAR TO 31ST MARCH 2025 7a MOVEMENT ON ACCUMULATED FUNDS Reslricled furHJs BIF IncL)me Expenses CIF Warm Welcome Cycling UK Over So's Pride 13.000 1,607 14,999 500 113,0001 11,6071 {14,9991 15001 Totsls of reslrfcled funds 30.106 130,106} Unreslricled fund 32,623 64,952 160,2531 37,322 32,623 95,058 90,359 37,322 William Cadbury CT, Selly Oak NNS and Charitses Aid Foundatson were erroneously included in restricted fvnds last year. they have been included in the unrestricted fund this year. 7b NET ASSETS ANALYSIS Fixed Cash at bank Assets And in hand Creditors Totsl Warm Welcome Cyding UK Over 50's Pride Unrestricted fund 963 37,679 (1,3201 37,322 37,679 1,320 37.322 10
BOURNVILLE HUB CIO NOTES TO THE ACCOUNTS FOR THE YEAR TO 31ST MARCH 2025 INCOME AND EXPENDITURE ACCOUNT 2025 2024 Incomin Hire of faaliti8s Grants Donations 25,650 67,206 2,202 19,434 24,514 4,649 95,058 48,597 Direct Charltsble Ex endilure Events Salaries Office Rent and rates Cleaning Computer and IT Professional Health and safety Advertising Sundries Donations Heat and IKJhl Repairs Depreciation 6,431 53,603 1,581 9,917 2,198 1.124 2.949 1,710 25,943 4,005 13,177 3,169 3,108 1,307 9.050 1,710 1.046 59 7.991 3,228 232 190.3591 164,6431 SurpluslDeficit for the year 4.699 16,046 11