**Registered Charity Number : 1195827** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** **FOR** **ACTIVE REDDITCH COMMUNITY HUB (ARCH) (CHARITABLE INCORPORATED ORGANISATION)** |**CONTENTS**
CHARITY INFORMATION
TRUSTEES' REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS|**PAGE NO.**| |---|---| ||3
4 - 5
6
7
8
9 - 11| 2 **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024** ## **TRUSTEES:** Mohammed Denaz Uddin Faisal Khawaja Mohammed Salahuddin Shah ## **CHARITY'S PRINCIPAL ADDRESS:** 40 Oakly Road REDDITCH Worcestershire B97 4EE **REGISTERED CHARITY NUMBER :** 1195827 ## **INDEPENDENT EXAMINER :** Severn Accounting Shaw Mews 1 Shaw Street Worcester WR1 3QQ ## **BANKERS:** Barclays Bank Leicester LE87 2BB 3 ## **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2024** The trustees, for the purposes of the Charity Act, present their annual report and independently reviewed Financial Statements for the year ended 31[st] March 2024. ## **OBJECTIVES AND ACTIVITIES** The charity was incorporated as a Charitable Incorporated Organisation (CIO) and registered with the Charity Commission on the 17/09/2021. The objects of the CIO are: - 1 To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. - 2 To advance education - 3 To promote community participation in healthy recreation by supporting the practice and facilitation of sports which are capable of promoting healthy recreation ## **ACHIEVEMENTS AND PERFORMANCE** During this financial period, we have slowly increased our activity range and participant engagement, whilst enhancing and increasing our stakeholder engagement and relationships. In terms of securing new funding, it has been a slight challenge in this financial year, however we have been supported by donations and support from local businesses, and the feedback from both participants and stakeholders has been extremely positive. We continue to establish new projects, diversify our offering for the community and build the Arch brand and reputation further. Our participant has grown, with record numbers of engagement since our inauguration and a strong increase in our activities, all during a financial period which has been tougher than previous years. Our engagement has not dropped however, with an average of 118 people, of all ages, accessing our activities on a weekly basis. Some of these activities are through funding which has been provided, some are activities Arch has established with our own reserves. An example of some the funding we have secured is; Inclusive Communities Fund, Sport England’s small grants award and Redditch Borough Council’s VCS fund. ## **FINANCIAL REVIEW** Arch relies on a combination of funding sources to sustain its operations. We actively pursue grants and donations from local businesses and governmental agencies to further enhance our financial resources and improve our financial performance as a community organisation. Transparent financial practices continue to ensure the responsible allocation of funds to various projects, covering operational costs and facilitating the expansion of our charitable activities. Where required, we will charge a small participant fee to ensure long term sustainability and continuity of projects. The vast majority of income Arch has generated int his period has been from funding, but we have also secured some local business sponsorship for some projects where funding was not secured. An example of some the funding we have secured is; Inclusive Communities Fund, Sport England’s small grants award and Redditch Borough Council’s VCS fund. The trustees propose to maintain the charity's reserves at a level which is at least equivalent to six months operational expenditure, and have done so having regards to its manner of operation of likely funding streams. The trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligations on a quarterly basis at their finance meeting. The charity has raised total funds to the amount of £28,587 in the period under review (2023: £33,523) of which £23,881 was spent (2023: £22,034) in the activities of the charity. 4 ## **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MARCH 2024 (Continued)** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Our organisational structure adheres to the principles outlined in our constitution. The Board of Trustees oversees the governance of Arch, ensuring alignment with our mission and values. Regular meetings are held to discuss strategic decisions, assess project outcomes, and plan for future initiatives. The commitment of our dedicated staff and volunteers plays a crucial role in the day-to-day management of activities, fostering a collaborative environment that strengthens the impact of our charity within the community. ## **TRUSTEE'S RESPONSIBILITIES** The trustees are responsible for preparing the Trustees' Annual Report and the financial statements under applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for preparing the Trustees' Annual Report and the financial statements under applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales 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 CIO and of the incoming resources and application of resources of the CIO for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP 2015 (FRS 102). - make judgments and estimates that are reasonable and prudent. - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the CIO and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. They are also responsible for The Trustees are satisfied that they have complied with the above responsibilities ## **APPROVAL** This report was approved by the trustees on the 10th October 2024 and signed on their behalf: Mohammed Salahuddin Shah 5 ## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF** ## **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st March 2024, which are set out on pages 3-5 and 7-12 ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Charity’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. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 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. **----- Start of picture text -----**
Severn Accounting
Shaw Mews
1 Shaw Street
Worcester
WR1 3QQ Date : 10/10/2024
**----- End of picture text -----**
6 **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **Statement of Financial Activities ( incorporating an Income and Expenditure Account)** ## **for the year ended 31st March 2024** |**INCOME FROM:**
**Notes**
**Donations & legacies**
**2**
**Charitable activities**
**3**
**Investment income**
**4**
**TOTAL INCOME**
**EXPENDITURE ON:**
**Raising funds**
**Charitable Activities**
**5**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
**before transfers**
**Transfers between funds**
**Net Incoming/(Outgoing) resources**
**RECONCILIATION OF FUNDS**
**Total funds bought forward**
**TOTAL FUNDS CARRIED FORWARD**|**2024**
2023
**Unrestricted**
**Restricted**
**Total**
Total
**Funds**
**Funds**
**Funds**
Funds| |---|---| ||**5,190**
**5,190**
4,670
**23,397**
**23,397**
28,853
**0**
**0**
0| ||**28,587**
**0**
**28,587**
33,523| ||**23,881**
**23,881**
22,034| ||**23,881**
**0**
**23,881**
22,034| ||**4,706**
**4,706**
**11,489**
0| ||**4,706**
**0**
**4,706**
11,489| ||**13,605**
**13,605**
2,116| ||**18,311**
**0**
**18,311**
13,605| There are no recognised gains or losses other than those passing through the income and expenditure account. 7 ## **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **Balance Sheet as at 31st March 2024** |**Notes**
**FIXED ASSETS**
Tangible
7
**CURRENT ASSETS**
Debtors & prepayments
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
10
**NET ASSETS**
**FUNDS**
Restricted funds
12
Unrestricted funds
**TOTAL FUNDS**|**At 31st March**
**2024**
**0**
**0**
**19,331**
**19,331**
**1,020**
**18,311**
**18,311**
**0**
**18,311**
**18,311**
**18,311**|At 31st
March
2023
0
0
14,565| |---|---|---| |||14,565
960| |||13,605| |||13,605
0| |||13,605| |||0
13,605| |||13,605| The accounts were approved by the Trustees on 10th October 2024 ………………………………………………………. Mohammed Salahuddin Shah The notes form part of the financial statements 8 **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **Notes to the Financial statements for the year ended 31st March 2024** ## **Note** ## **1 ACCOUNTING POLICIES** ## **Accounting Convention** The financial statements have been prepared under the historical cost convention and in accordance with the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS 102) ## **Cashflow Statement** Exemption has been taken from preparing a cashflow statement on the grounds that the charity qualifies as a small charity. ## **Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary donations and gifts are accounted for as received. The charity receives help and support in the form of volunteer assistance in carrying out its objects. No entries are required to be included in the accounts for the financial value of such help. ## **Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all the costs related to the category. Where costs cannot be directly attributable to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **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 the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when the funds are raised for a particular restricted purpose. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 9 **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **Notes to the Financial statements** ## **for the year ended 31st March 2024 (Continued)** |**Note**
**2**
**INCOME FROM DONATIONS & LEGACIES**
Donations
**3**
**INCOME FROM CHARITABLE ACTIVITIES**
Members fees
Fundraising
Grants
Event fees
**Total income**
**4**
**EXPENDITURE**
Charitable Activities:
Running cost
Sporting equipment
Coaching
Venue hire
Consultancy
Marketing
Charitable donations
Insurance
Legal and professional
Other sporting cost
Cleaning
Telephone
Sundry expenses|**2024**
2023
**£**
£
5,190
4,670| |---|---| ||**5,190**
4,670| ||**2024**
**2023**
**£**
**£**
5,249
5,781
0
3,748
15,100
19,324
3,048
0| ||**23,397**
28,853| ||| ||**28,587**
**33,523**| ||**2024**
2023
**£**
£
2,166
2,517
3,840
4,644
6,520
6,286
2,620
1,915
902
764
1,340
1,165
1,377
1,535
1,573
1,459
3,356
1,749
160
0
65
0
-38
0| ||**23,881**
**22,034**| ## **5 STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES** During the year no remuneration for services as a trustee were payable, directly or indirectly, out of funds of the charity. There were no employees whose annual emoluments were £60,000 or more 10 **ACTIVE REDDITCH COMMUNITY HUB (ARCH)** ## **Notes to the Financial statements** ## **for the year ended 31st March 2024 (Continued)** ## **Note** |**5**
**Creditors : amounts falling due within one year**
Trade Creditors
Tax and social security
Accrued expenses|**2024**
2023
0
0
0
0
1,020
960| |---|---| ||1,020
960| ## **6 Analysis of net assets between funds** |Fixed Assets
Net Current Assets
Long term Liabilities|**2024**
2023
**Unrestricted**
**Restricted**
**Total**
Total
**Funds**
**Funds**
**Funds**
Funds
**£**
**£**
**£**
£
0
**0**
**0**
0
18,311
**0**
**18,311**
13,605
0
**0**
**0**
0| |---|---| ||**18,311**
**0**
**18,311**
13,605| ## **7 Restricted funds** No Restricted Funds were held by the Charity at 31 March 2024 (2023: Nil) ## **8 Commitments under operating leases** At 31 March 2024 the organisation had no annual commitments under non-cancellable operating leases. ## **9 Related party transactions** There were no transactions with related parties during the year or previous year that require disclosure in these accounts. 11