COMPANY REGISTRATION NUMBER.. CE028110 CHARITY REGISTRATION NUMBER: 1197729 GM2LF CHARITY Charitable Incorporated Organisation Unaudited Financial Statements 31st May 2025 MR A A B GRAINGER FCA OF Griffiths & Pegg Limited Chartered Accountants 3 Hagley Court South Waterfront East Level Street Brierley Hill West Midlands DY5 1XE
GM2LF CHARITY Charitable Incorporated Organisation Flnanclal Statements Year ended 31st May 2025 Pages Trustees, annual reFQrt (incorporating the directorfs report) 1to3 Independent examinefs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 7t012 The following pages do not fomi part of the financial statements Detailed statement of financtal activities 14 Notes to the detailed statement of financial activities 15
Page 1 GM2LF CHARITY Charitable Incorporated Organisation Trustees, Annual Report (Incorporating tho Director's Report) Year ended 31st May 2025 The Iruslees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year end&J 31st May 2025. Raference and administrntlve d8tails Reglstered charlty namo GM2LF CHARrtY Charlty registration number 1197729 Company reglstration numbor CE028110 Prlncipal office and rogi$tered Lion Farm Action Centre The vrage Shelsley Avenue Oldbury B69 1BG offlco The trustees MsTMLowe Ms G Finch Ms S Rushton Ms D Cheshire Ms J L Jones (Appointed 17th July 20251 (Appointed 17th July 2025) Ind8pendent oxamlnor MrA A B Grainger Griffiths & Pegg Limited Chartered Accountants 3 Hagley Court South Waterfront East Levd Street Brierley Hill West Midlands DY5 1XE Structure, governance and management The Charity was registered as a CharItae Ino)rporaied Organisab'on (CIO) on 31 st January 2022. Objectivos and activltlos The charity beneffts comtnuntiies particulady. though not exclusNdy,in the Grace Mary to Lion Farm area in 0Sdbury and Rovley. Sandwell. The chartty undertakes a wide range of s181 welfare rdated activities with an aim to improving facilities and service proyish)n for people living, working and volunteering in the area.
Page 2 GM2LF CHARITY Charltable Incorporated Organisatlon Trustees. Annual Report (Incorporating the Directorfs Report) (¢onlnu8d) Year ended 31st May 2025 A¢hlevements and performance The Communiti we support r8main at the heart of everything we do, and their input continues to shape and infoTrn rxjr a¢livfcies throughout the year. We aff dedicated lo fostering community spirit, supporting local families and creating opporbjntiies for children and adults alike. Investing in Future Generations This year. we OTganised a Christmas Postw Design Competition fiK the Ihree local primary schools-st James, Oakham and Grace Mary, encouraging creativity and u)mmunity involvement among young children. To supp(Kt l(Thl education. we prOVe breakfast packages to these three schools, delivered at the start (rf each term io ensure thildren re7Ve a nutrilious beginning to their day. Additionally. lo spread festive che, we arranged for the Wolverhampton Grand Theatre to perform pantomimes at these same three primary schods, benefiting over 200 children and teachers. Vve supported the y¢xth group Big L(al LIle Voices who desigr$8d, [U(*d and installed a Gracle Lion bench and display board. enriching the grwp's community environment. Our Family Easter Bake Off saw 40 households entering the competition. with 98 adults and childrer¢ participatlng in a fun and engagirKJ event. We provided three family day trips lo Telfcffd Park, Weston, and Bla¢kpool, with a tota5 of 150 community members enjoying these tIngS. Our Family Fun Day at Dudley GOW Club was attended by over 70 people fram 19 househd(Js. fostering community bonding and fun. Strengthening the Community In partnership wlh Litter Watch, we held three community litter picks and skip events. engaging 150 residenls from 75 households. These efforts resulted in the collection of 180 bags of rubbish and the filling of two skips. Each participating h(sehold received a Christmas hamper as a tok6n of appreciation. Our Big Feed initiative distributed Christmas hampers to 180 households induding those on low incomes, benefits or facing financial dtffi¢ultie5. This support reached over 700 individuals during the festive season. More than So vdunleers generously deeicaled their titne and effort to ensure Ihe success of this event. Our Over 50s Christrnas Summer Aftern(x)n Teas welned 191 attendees, helpTring lo combat isolation and loneliness while promoting new friendships. These events also contributed to raising over £500 for GM2LF Charity- In addib"on, we funded and organisad the installation of a communty defibrillator at a thal community hub, ensuring lrfe-saving equipment is accessible to 811 residents. Community Transport The provision of our community minibus has enabled I(al groups to travel to events and workshops, supporting ong(Mng community acb"viknes an¢J engagement. Through1 the year. we have continued to work closely with communities, providing opportunibes fcff participation, support ané development, all driven by the lleeds and enthusiasm of those we SUPPK)rL
Page 3 GM2LF CHARITY Charitable Incorporated Organisation Trustees. Annual Report (Incorporating the Director's Report) (conllnued) Year ended 31st May 2025 Financlal revlew The results for the year, and the financial positson at the end of Ihe year, are shown in the attached financia1 stalemerrts. The reserve funds a held to covw three months opwational costs and any unforeseen expenditure. Our reserves pdicy outlines the contingencies and forms part of our annual review process. Smail company provisions This report has been Prepar in accthan wtlh the provisions ap1¢able to companies ent(tled to the small companies exemption. The trustees. annual report was approved on 22nd De¢ember 2025 and signed on behalf of the board of trustees by.. MsTMLowe TN8tee
Page 4 GM2LF CHARITY Charitable IncorF)orated Organisation Independent Examinerfs Report to the Trustees of GM2LF CHARITY Year ended 31 st May 2025 I report lo the trustees on my examination of the financlal stslements of GM2LF CHARITY {'the charity'l for the year erKled 31sl May 2025. Responsibilities and basis of report As the trustees of the company land also ts directors fr)r Ihe purposes of company lawl you a resF)onsible for the preparation of the financial statements in accordance with the r4ulrements of the Companies Act 20061'lhe 2006 Act,). Having satisfied myself that the accounts of the (x)mpany are nol required to be audited under Part 16 of the 2006 Act and are eligible for independenl examirbation, I repcrt in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Acl'}. In carrying out rny examination I have fotlowed the Directions gNen by the Charity Commisslon under section 14515)Ib) of the 2011 Act. Independent examingrfs statgmgnt I have completed my examination. I confinn that no matters have come to my attention in (x)nnection with the examination giving me cause to bele.. accounting records were not kept in reSpt of the charity as required by section 386 of the 2006 Act" or the finanal statements do not accord wth those records.. or the financial StatentS do not comply with the accounbng requirements of Wion 396 of the 200e Act other than any requirement that the accounts give a 'true and fair. vlew whh is not a matter consKlered as part of an indeperndent examinab"on' or the financial statements have not been prepared in accordan( with the methods and principles of the Ststemenl of Recommended PraCte for accounting and reporting by charities applicable lo charities preparing their accounts in accordance vh the Financial Reporting Standard appluble in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in COnntiOn with the examination to which allenlion should be drawn in this report in ordef to enablè a proper understanding of the accounts to be reached. MrAA B Grainger Independent Examiner Griffiths & Pegg Limiled Chartered Accwntants 3 Hagley Court South Walerfvont East Level Street Briedey Hill Wesl Midlands DY5 1XE 22nd Dember 2025
Pago 5 GM2LF CHARITY Charitable Incorporated Organisation Statement of Flnanclal Actlvlties (including income and expenditure account) Year ended 31st May 2025 2025 Restricted funds Total fund$ Total funds 2024 Unrestric funds Income and ondovrnfjnts Donations and legacies Other incorlle 11,291 524 50,481 61,772 524 19,525 696 Total Incom 11,815 50.481 62,296 20,221 Expenditure Expenditure on ¢haritabl8 activities Total expenditure 2,799 2.799 20.671 23,469 9,144 20.671 23,469 9,144 Net Income and net movement In funds 9,016 29,810 38,827 11,077 Reconciliation of funds Total funds brought forward Total funds carrSed fopward 2,872 8.321 11,193 50,019 116 11,888 38.131 11,193 The statement of financial activities includes all gains and losses rjglsed in the year. All income and expendikure derNe from continuing activtiies. Th• not•s on pages 7 to 12 fomi part of these financial statsments.
Page 6 GM2LF CHARITY Charitable Incorporated Organisatlon Statement of Financial Position 31st May 2025 2025 2024 Nots Flxed as$ets Tangible fixed assets 13 2,250 Current assots Cash at bank and in hand 48.269 11,193 Creditors: amounts falling due withln one y9ar Net current assets 14 {500) 47,769 11,193 Net asset$ 50.020 11,193 Funds of the charity Restricted funds Unrestricted funds 38,131 11.888 8,321 2.872 Total charity fvnds 15 50,019 11,193 For the year ending 31st May 2025 the charity was enltued to exemption from aud under Secb'on 477 of the Cornpanies Act 2006 rdating to small C(PanES. Directors, responsibilities: The members have not required the company to obtaln an audtl of its financial statements for the year in question in accordance with section 47fj,' The directors acknedge their responsibilities for complying wth the requirements of the Act th respect lo accounting records and the preparation of financial 5tatem8nts. These finamial statements have been prepared in accordance with the provisions applicablo to companies subject lo the small companies, regime. These finall81 statements were approved by the board of trnstees and authorised for issue on 22nd December 2025, and are signed on behatf ofthe board by: MsTMLowe Trustee The not•s on pages 7 to 12 fomi part ofthe8e Ilnan¢ial statements.
Page 7 GM2LF CHARITY Charitsble Incorporated Organlsation Notes to the Financial Statements Year ended 31st May 2025 Ggnwal Infomiation The charty is a public benefrt enlity and a private company limited by guarantee. registerad in England and Wales and a registered charity in England and Wales. The address of the registered office is Lion Farm Actson Centre, Shelsley Avenue, Oldbury, B69 1 BG. Statement of compllance These ffinanaI statements have been prepared in compliance wtth FRS 102, The Financial R8POrting Standard applicable in the UK an(J the R6pJblic of Ireland,, the StatgmeTII of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporbng Sl8ndaré applicable in the UK and Republrc of Ireland IFRS 102} {Charities SORP IFRS 102}} and the Companles Acl 2006. Accountlng policlas Basis of preparation The financial statements have been prepared on the historical o)st basis. The financial statements are prepar in sterling. whh the functional currency of the entity. Golng concern There are no material Unrtainties about the charivs abilty to continue. Judg¢m•nts and key sources of estimatlon uncortainty The preparats'on of the financial st8tements requires managoment to make judgements, estimates and assumptions that afft the amounts rew)rted. These estimates and judgemen15 are continually reviewed and are based on exlenCe and other factors, includirKJ expectations of future events that are beled io be reasonable undw the circumstances. Fund a¢untIng Unrestrcled funds are available for use al the diwetion of the trustees to further any of the charitfs purposes. Designated funds are unreSted funds eamiarked by the trustees for parlar future project or ommitment. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or endowmenl funds.
Page 8 GM2LF CHARITY Charitable Incorporated Organisation Notes to the Financlal Statements (conb'nued) Year ended 31st May 2025 Accountlng policies (conbnu Incomlng resour¢ès All incoming resources are induded in the statement of financial activFties when entitlement has passed lo the charity,- it is probable that the economic betteffts associated wth the transaction wll flow lo the charity and the amount can be reliably measured. The fdlowing sptrIC policies are applied lo particular categories of income.. income from donations or grarrts recognised when there is eviéence of entiuemenl lo Ihe gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entiuement is established. income from donated goods is measured at Ihe fair value of the goods unless this Is impractical to rneasure reliably, in which case the value is derived from the cost to Ihe donor or the estimated resale value. Donabj faciif(ies and services ar8 rec(KJnised in th8 accounts when received rf th8 ¥ue can be reliably measura. No amounts are induded for the contribution of genal vdunteers. inrtfyme from contracts fiK Ihe supply of services is rgnised with the delivw of the contracted service. This is dassrfied as unrestricted funds unless there is a contractual requirernent for it to be spent on a parti¢ular purpose and returned rf unspent, in which case il may be regarded as restricted. Resources Èxpended Expenditure is recognised on an accruals basis a5 a liability is irtcurred. Expenditure incluées any VAT which cannot be fully recovered, and is dassified under headings of the statement of financial a¢livib"es io whh it rd2tes- expenditure on raising funds includes the costs of all fundraisirMJ aotivibes, events, non-charitable trading activities. and the sale of d(ated gmls. expenditure on charitable activities includes all o)sts incurred by a charity in undertaking activities that further ils charitable aims the benefft of its beneficsaries, including those support costs and costs relating to the govemance of the charity 2PPOrtioned lo charitable activities. other expenditure indudes all expenditure that is neither related to ra15ing funds for the charity nor part of its eXn{lItre on charitable adivities. Al costs are allocated to expenditure catewies refiecting the use of the resource. Direct costs attributable io a single activty are all(Kated directly to that activity. Sh8red costs are apportioned betweell the activities they contribute to on a reasonable, justifiable and consistent basis. Tangibla assets Tangible assets are initially recorded at cosL and subsequently stated at cost less any accurnulaled deprecialion and impairment losses. Any tangible assets carried al revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depr&iation and subsequent accumulated impairment losses.
Page 9 GM2LF CHARITY Charitable Incorporated Organisation Notes to the F5nancial Statements fcondnued) Year ended 31st May 2025 Accounting pollcles (¢ondnu8dJ Impairment of fixed assots A review for indicators of impairment is carried out at each reportlng date, with the recoverable amount being estimated where such indicators exist. Where the carying value exce&s the recoverable amount, the asset is impaired aCtC1ngIy. Pn'or impairments are also reviewed for wssible reversal at each retx)rting date. Charitable Incorporated organlsation The company is a Charitable Incorporated Organisation and therefore not Limtted by Guarantae. Donatlons and legacles Unrestrict Funds Restricted Total Funds FL¢nds 2025 Donatlons t)onalions 3,302 3,302 Grant5 SCVO Grants 7,989 50,481 68.470 11.291 50.481 61,772 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations Grants SCVO Grants 17,465 17,465 19,525 19,525 2.080 Other Income Unrest Total Funds Unrestricted Total Funds Funds 2025 FurTrds 2024 Minibus Hire 524 524 696
Page 10 GM2LF CHARITY Charitable Incorporatsd Organlsation Notes to the Financial Stslements (conttn Year ended 31st May 2025 Expondlture on charltablo activltles by fund type Unrestricted Funds Restric18d Total Fund$ Furds 2025 Community Activf(18S 2,799 20,671 23,469 Unrestricted Funds Restricted Total Funds Funds 2024 Community A¢tivities 9,144 9,144 Expendlture on charitable activitles by actlvity type Acbvities undertaken Total funds direcuy 2025 Total fund 2024 Communty A¢tivilies 23.469 23,469 9.144 Not incom¢ Net income is stated aftw ChargIn{CredIti.ng)'. 2025 2024 Depreaalion of tangible fixed assets 750 10. Independent examinaOn fees 2025 2024 Fees payable to the independent examiner for.. Independent examination of the financial statements 500 11. Staff costs The average head count of employees during the year was 3 {2024: 3). The average number of full-time equivalent employees during the year is analysed as follows.. 2025 2024 Governan No employee receivdj employee benefits of more than £60.000 during the year12024: Nil). 12. Trustee remuneration and expens No remurwation or other benefrts from employment wrih the charity or a related entity were reCeThi by the trustees.
Page 11 GM2LF CHARITY Charitable Incorporated Organisatlon Notss to the Flnancial Stalements (continued) Year ended 31st May 2025 13. Tanglblo fixed assets Motor vehlcle8 Cost At 1st June 2024 Additions 3.000 At 31st May 2025 DepratIon At 1 sl June 2024 Charge for the year At 31st May 2025 Carrylng amount At 31st May 2025 At 31st May 2024 3,DOO 750 750 2,250 14. Croditors.. amounts falllng du? withln one year 2025 2024 Accruals and deferred income 15. Analysis of charitable funds Unrestrictgd funds At 151 June 2024 At 31st May 2025 Iw)me Expenditure General fttnds 2,872 11,815 12.799) 11,888 At 1st June 2023 At 31st May 2024 IrKome Expenditure General funds 116 2.756 2,872
Page 12 GM2LF CHARITY Charitable Incorporated Organisation Notes to the Financial Ststements (continu¢d) Year endod 31st May 2025 15. Analysls of charitable funds (Gontinu8d) Rostrlcted funds At 1st June 2024 At 31st May 2025 Income Expenditure SCVO Grants 8.321 50,481 120,671) 38,131 At 1st June 2023 At 31 st May 2024 Income Expenditure SCVO Grants 17.465 (9,1441 8,321 16. Analy$ls of net assets between fund$ Unrestricled Funds Restricted Totsl Funds Funds 2025 Tangible fixed assets Current assets 2.250 9,638 2.250 47,769 38,131 Net as59ts 11.888 38,131 50,019 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets 2,872 8,321 11,193 Net assets 2.872 8,321 11,193
Pago 13 GM2LF CHARITY Charitable Incorporated Organisation Management Infomiatlon Year ended 31st May 2025 The following pages do not fonn part of the flnancial slatemonts.
Pag8 14 GM2LF CHARITY Charitable Incorporated Organisation Detailed Ststement of Financlal Actlvltles Year ended 31st May 2025 2025 2024 InGom¢ and endowrn¢nts Donatlons and legacles Donations SCVO Grants 3,302 58,470 19,525 19,525 61,772 Oth9r income Minibus Hire 524 696 Totsl InGome 62,296 20,221 Expenditurg Expenditurg on charitablg activltles Community activitie5 Minibus expenses Legal and professional fees Office costs Depreciation 19,946 1,976 500 297 750 3,550 5,594 23,469 9,144 Total expendFture 23,469 9,144 Net income 38,827 11,077
Page 15 GM2LF CHARITY Charitsble Incorporated Organi5ation Notes to the Detailed Statement of Financlal Activltles Year ended 31st May 2025 2025 2024 Expendlture on charftable activltl8s Communlty Actlvltles Actlvltles undertaken directy Community activities Minlbus exwsgs Legal and professional fe& Office costs r8ciation 19,946 1,976 500 297 750 3,550 5.594 23,469 9,144 Expondlturo on charltable activities 23,469 9,144