Birmingham Children's Communityventure Limited Company registration number." 953582 Birmingham Children's Community Venture Limited Company limited by guarantee
Birmingham Children's Community Venture Limited UNAUDITED FINANCIAL STATEMENTS for the year ended 5 May 2024 Unaudited Financial Statements Year ended 5 May 2024 CONTENTS PAGE Legal and admlnlstTrtl¥e knforniatlon Trustee5' Rewt Independent examlner's Rep(Yt Statement of finandal actlvltl Stthment ofTotal comphee Inc(me Statement of Flnancbal Posltlon Notes tothe Hnd41 StsteMts 9-12 Thefollty•Ani p•g•sdo notlorni p•rt ofth• Iln•nd•l stst•m Oetalled Income Statement 13-14
Birmingham Children's Community Venture Limited Legal and administrative information Cknrity 258768 Compny re8ifjtrtkMJ 0953582 clo 76 Greth Avenue BinniD8kn B20 IAY vid WY Ann ElizaiYthTwrlls Howard (app)intoA as Tnthe (rty) Giu Sparrow Stcrt*ry Member5 CouR¢ Mr C &Dith Chainnall rA Piknore IDdepeDdent Examiner Mr D Ththidge Coldfiell B73 5XE
Birmingham Children's Community Venture Limited Trustee's Report Year ended 5 May 2024 The trustees presert their report and the unèudited Ilnancial ststements of the company for the year ended S May 2024. Tr tnL<¢e& who irtIn¥ indicate4 are also directots of The Birniingham Children's C(Ktllnunity kntwe Lirnited for prNp)xs of cOMnY law wlK> [ved during year and up tothe thte of this rwt are sa out (n Me l. onw¢ l. New TnL¥tees The board continually review the numFr of thL#ee4 aDd tea at subscnlw to get involvd by attendi managunent or Itustee MtIng$ to eng]re continuity 8nd a pool of people to tYpla¢e trustees wishingto retire. Ovff aperiod of time tlw learn the proo&8es of decision rnaking and are guided througb the demanth resNm51I11ties rti1 of truste so that in Course are willing to be fornMIty apN)anted. Obj¢etive¥ Wlld ¢tsvilk5 ObJts To advanc£ th¢ 0£ and to Fyovide QT &Ist in providiD8 cMmty helS atxl (rtber fxilities for recreation orirthtr l¢igJre time xtiyities in the 11tPS of la1 w¢lfate and wtth of tmproving their nditI[ of life for the tryfit of w arwj d¢Fffived thildren and persons rydle&s of race, Colo or creed. Publi¢ Benefii In the exercise oftheirFthvers Ls cknity tr they have bad due regard to publ 8UidaTe from the ChaTity Commi&si(m the OWion ofthe public tnefit requir and The aims of iawity aTe out kfthe Ftnefit of the [11¢. Achievements and perforMae The BrigHouse building site was fjjlty OFrrr0n foT iKrth day and res1&rtti visits throughout the academie year 2023-24 with all BCCV memlr h0o making the of the 0door expeliences available at The BrigHl$e. The BCCV tnLs held n Pts- tnLe nieetiw the acthmic year (tlMTtk you to DRB Ignite for knting these medlngs). Temly BCCV members m¢¢ting5 also w¢re 'kn pffson" m¢din8S hosted by Holt¢ S• SdK)ol with the fi1 memlxrs meeting ofthe ?d¢i¢ ye4rtsking place on site at The BrigH0. BCCV main ajm 2)23.24 to ensure that Tr BrigHouse rema1 fvIIy ¢4yetl(K and to EtOr the BCCVS fnMncTal rltIOn after the urKerthin times of Covid 19 tAndemic. (hjr resuyes phLS an £aT to moDber selxN)Is enabled th¢ BCCV to mnain ruWlaI1Y vi#bIe for the finla1 year of 202>24. The wnua] charge to memlr thools to coyer incrEad arnua] nllming costs of The Bri8House was rnid from £1.51)) to £2,c the start of the aLthic year2023.24 followitig membeTs' 4)wovai at the 2022Annu81 Geneftal Meetin& Membership of the BCCV h&8 r¢tnained stri& (kn s¢knl tttminated tt1r maDbuthip of the BCCV at the end of March 2024. There is currertly one VaLznt M¢mrShip. The BCCV t have tsk¢n the opportunity to impl¢ment following plaIrd developments at Th¢ Bri8House site during 2023-24:
Birmingham Children's Community Venture Limited
TEPOrt)Yar end¢d S May 21)24 {¢o•linwed)
l. The Chair's 2024 artt)ual AThrner holiday •Mdit of ¢terlll& ek•nimzand pl•y ¢q•ipNtDt ij1¢ated
the need fr some repletiishmert of resourw l tiluin¢llt in advalt ofTr
Bri8Howe re0ping ts the aca1¢ year202&25.
2. The introththon of a r¢fvse diiposl system wtth regular collections from a Tefuse disposal
ntrdrtor. The s litr¢ refi¢ bitL% are houxd iti a bin thed %
Birmingham Children's Community Venture Limited Trnstees P)rt Irar ended S 2024 (e•utinM¢d) . PTepare the financial statements OTt the goTn8 b¥is urd¢ss it is iTopproprnte to wesume that the haritable wmr*ny will c(xJtinu¢ in (Wi(ML at any time the finall¢1 rrf)5ition of clwitabl¢ c4ynpany and which enable them to ensure that S¢atan¢nts nplY with the ComwiesArt 2. They aTE also re4x)nsible for safeguarding the assets of the charttable company and tsk1 reas(Awble sty the wetIOn and d&tIOn of fraud and iw]8Titi¢& SMALL COMPANY PROVISIONS This report has been prepared Fn accordarKe the PTOVi5ions appllcabfe to charitsble companle5 entltled to the small companies exemptiC. CSmith- Dirertor
Birmingham Children's Community Venture Limited Independent ¢xaminer'B report to the trusteog on the unaudited fine11 statements of The Birmingham Cbiknn'8 Conm?unity Venture Limite I report on the ofTr BimiTD814m Cfrildren's CoxDmunity Ntntwe Limited forth¢ yearenthd 5 May 2022 t OUÈ on pages 2 to 13 The charty's trustezs (WI are also the direikn of the CLMnpaAy for puryM)ses of ¢iThpany law) are responsÉble for the pre[akn of tl The Inee$ COAder that an audit is not required for this year under $tIOn 144 of the Charities A( 2011 (theActX and that an Indedet examinatiim is nee(k li is my respo1bty to examine the acCOts under sethi(xJ 145 of the Alt to follow the FTocedures laid (k} in the General Dwe£tions giva) bythe awity C(Inri1)n utKkr 10 145(5)b oftheAct. and to state wkn F4rtisJ]tsrmatters have come to my attentiotL Basis of illdynde ¢umbS 8tstemet CommissiotL An examitMtii)n Inc1]eS a wiew of the aLxthg recfflls kept by the ¢lwity and a comparison of the accounts prtsfflted wtth rd% It also i]Kluiks cortsi(kration of any UnUal itons or dI10S1¢S in the al seeking explanations frtKJ you as trustees ¢oncaMiT]gany such attets. The pr(th un&rtaket) do not provide all the evidenc¢ that •would k requtred in an alit and cillwquently no (pinion is gtvert as to whedr the aL)ts Pre a aDd fair view tt Teport is IiTnited to tho Matters set out in the Swemeth below. Ind¢peDd¢nt stleme•t (i) oig te¢ord8 iti accorknce with 5tIOn 386 of the CompniesAct 21J)6: (iii) WTre a¢cow)ts and Epared (n an acauals basi4 whedw tTrry fail to compty with r¢lcvant accounting requiranents secti( 396 of C(Anpanies Act 21MJ6 or ar¢ not consistent with th¢ CharAti¢s SORP (FRSIIT2). November21Y24 David Thelwwlgt FCA Indepeodent ex*ml•er Keystone Ho&s4 247# Jockny S•¢tom Cddfie Bf3 5XE
Birmingham Children's Community Venture Limited Statement of Financial Attivities Year ended 5 May 2024 UnrnI1cd Totsl FMDdq 2024 Fubds 2in3 Ihcom¢ (motes 3 lld 4) Income endowments from.. Donations and legacies Charitable A¢tivilTtsry m¢mWip joining fees CharitableActtvities• (therhire and inc•me Investment Itne 42.626 30J75 300 737 174 Totsl lllemie 49,663 30.549 Expendltsre (#01¢ 6) Expendltsr¢ M: Raisin8 fimds Char&tabl¢ 4diviiies 57.876 38,153 864 Tol•1 expendhures tIAded 58,740 39,017 Net Ineomrfexpe4dltiv) for the yar lld net 1volfexPe1jQ) hr tht ye•r Total funds broutht foTwwd (9.07D (8,468) J62 68.830 Totsl ¢arrkd forWd 51285 60J62 Ststement of Total Comprehensive Income Year ended 5 May 2024 l)efi¢lt forth• finda1 Totsl compr•heMk In(om• {9m7) (9JJ77) {4468) The notes on pages 9 to 12 fomi part ofthesefinantial statement&
Birmingham Children's Community Venture Limited Statement of Financial Position 5 May 2024 2024 2023 Tangible assets Currert assets 14.CB2 14,946 Debtors and prepayments Cash at bank and in hand 1,496 36.679 44.867 C¥edltoYs: aftnts fallkng tA4th1n ofier Ilet cyrvertas%•ts 38.163 46.363 Trital assets less current llabmies 19frf)I 19471 37.203 45.516 ri¢t Funds- all uftrerfet Accumulated (dtI/5rp1uS Designated sinking furKI for majty works in firture 51.285 60,362 18,715) 362 confi. 51,285 60,362 la) that for the year ated above the conpany wa8 ¢utiÈl¢d kn the exaDpti(A) fer1 by (#ion 477 of the CompaniesAct . (b) that no nrtice beth {ksited at the offio ofthe c4JnFBny to wtion 476 ofthe CornpaniesAct 21Xkn reql[that an audit for tye ¢n¢kd 5 May 2023 {c) that the direLtors aeknowledgedlrIc5?r$lbllItIes forconptying withthe wuiranalts ofthe C(Mnpani¢s These financ stst•nents are Pre[Al in acc(thce with the provasi(w applicable to au cOmpleS bjttt to the all ¢0MlIeS fEgime and in with FRS102 SORP. The statements tTe aPF(oved by tl¥ iKwd on November2024 si8ti&1 its kd)alf by C Smith -Dtre¢tor the note5 on pages 9t0 12 fom) part ofthese financtal statemerrt&
Birmingham Children's Community Venture Limited Statement of Changes in Equity Year ended 5 May 2024 Other Income and expenditure account Total At 6 May 2022 3.830 68.830 Defidtforthe year Other CoMphenSlve incc¥ne forthe ar". Reclassification frci) other reserves to in(x¥ne and wenditure account 18,4681 18.4681 15.IXi)I Totsl tompreheMl4• IM•mforthe par Is.) 13,468) 18.4681 At 5 May X123 and 6 May 202Y Defiatfor the year 362 19,0771 60,362 19,0771 Total ¢ompreho Incomeftythepar 19,0771 19,0771 At S May 2024 {8.7151 51.285 ForYt•tend¢d 5 M*y 2024
Birmingham Children's Community Venture Limited Nol¢s to the flDnetsl ststrm¢•ts Republic of treland IFRS102) OD 16 July 2014. 1.1 ID¢omlnz re8ollTe¢ All in¢oming resources 4TE in¢lth in the atunem of fin¢81 aLtivities when tF cban.ty is ¢ntitled to the income or is more likely tTr not to re¢¢ive tF reg)wces and the amiMJnt on be qu8ntifJèJ with reble a¢curacy. The foll¢)win8 specific policies gre •ppJied to portithcategories of irtffl]e'. Voluntary ir&ome re4xived by way of and gift5 and is i11 in full in ts statsment of financial artiltIeS when rtteivabl& GtXTts wlrre ¢ntitlan¢nt Is not conditiond on the delivery of a wifi¢ perfoman¢¢ by the charity, are rwised when the charity Nn¢S unc(dItionallY entit]ed to the gra. Donated 5¢ryices and facjliti¢s are Inclu at value to the clTrarity where this can be quantifi Tr Val of seTvices provided by volunteers has n(rt iY4) included but is Thed in the tnths repo In¢ikne fran investhients rr¢ting bat intewe# is iluded in the y¢Ar in which it is r¢¢eivable. Joinin8 fees aTV not refundable and are Yble a %hool wishe8 to knibe to use the facijilies for residential eXw]e¢S in oth io deliver tl curriculw. Annua] jubxrlF are yble at the stsrt of the year and cover the of the Bri8House for a ycific numlxr of days over the xademic yar subJt to the te5 and condition B(rth a reco1 (m the earlier of dale of invoice orim wipL No of the 8nnu•l membership is ttfimdable. IJ Expedltwre Expenditure is re¢o8nised on an a¢¢nl basi$ as a liabilty is illred whith is wFJr it is mtye likely than not that the is a legal IX constrictive ob1i8atit c(fomitttn8 the clty to py resrAfCS and amount can EXpditUre includes any VAT whi¢h fully and is rqh)rted as of thB expenditwe to whi¢h it 181 Costs of 8enernting fijnds L?lse any cogts awcnled attraain8 vohm intne or rn fimditi¥. Generally thtrc is no direct c(k8t as tnmteos give their tllne to seek . Charitable eXditUre comwisesthw Costs iulj by thecharity in the delivery of its activitiesand service for its benefi¢iaries. It includes bLrth Costs that can Ee all¢xzted dir¢(ty to such 41tivities and those sts of an Support costs are those ¢i&s ity]ire¢dy Irurre4 in Wtin8 the on the objects of the charity. Governan costs ¢{priSe all ¢Os Involvll publi¢ aLYthmtthtity of the clxrlty and its compiiaTKe wilh reguhtion and gwd prnLse 1.4 Tan8lble flx¢d $8¢ts ••d deprtttsiw) Tanb]e fix1&$8¢tsare stated at C05t less 8ccumuW lkwxiatl. DepTeciion isprovxled at rates calculated to WTite offthe cost le&8 reS1th Val of eh asset ovtr its expthl eful ljfe. as follows: Leasehold protrties Stiaitht line overthe lift of the ka (5 years) Fixtu4 ffttings and eqlliFeth . 2(W. strw line ForYe*rended S May 2024
Birmingham Children's Community Venture Limited Notts ts the fimviil slat¢mexts {eMliAued) I VTrry iwomt {xll umr¢8trkted) Alfred L¢adbeater Th William Cadiw Tht Ineowe Ihm ¢hrftabk athi Amiual monbuship fees 42.626 28,950 3(Ki 42.926 28.950 3. IDv¢8tmeBt lJ¢ome (ll uDre#rkthd) 21n3 2023 Bank interest 1Vable 737 174 4 Expeudltsre 2ill4 2023 Ceratin8 Bri88 House: Estsblishment costs rat4 powrr, insurance Repairs.maintenano and ntt)niD8 costs 15.083 Sunthy costs 15.705 26.008 16.026 Totsl Op18 ¢05ts tkpre¢iknon and irth¢ram(Nmts writn offibl¢ fixol 57.874 38.153 864 Totsl exFonditwY 58.738 39,017 Within s• and admin co*s aye govern cost 948 5 Awdge numberofemplryftts The avera8e numberof persons eM0d bythe tharltsble company duri the ar was Nil12023.' Nil).
Birmingham Children's Community Venture Limited Foryearended 5 Pth2024 Notes to the h•aeknl (com¢tm•ts 6 Tanle assets Land and buildirgs Plant and machinery Total Co# At 6 May 2023 and 5 2024 476.102 33.697 At6 May2023 Charge At S May 2024 476.102 18.751 494,853 864 476.102 19,615 495.717 Carrying amcwnt At S May 2024 At 5 May 2023 I42 14.946 14.CQ2 14,946 li
Birmingham Children's Community Venture Limited 7 D•btors 2024 2023 Other debtor5 1.496 For Y•ar •nded 5 May 2024 NO to the fi•*neA•l ststeme4ts {eMthwed 8 Cr•d11S.. •mounts lalUn8 oney•ar 2024 2023 cruats 960 947