lty reglstratlon number 505889 (England and Wales) MANOR FARM COMMUNITY ASSOCIATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
MANOR FARM COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Thisle J Arbl8Ster A Well•r R 8uUer Senlor management Gary 81rd Sue Evans Chlaf 8x•tIve Charfty manager Charfty numbor (England and Wales) 505889 Audltor BK PIu8Audlt Umlled Walsall Road Aldrklge Walsall WS9 ORB
MANOR FARM COMMUNITY ASSOCIATION CONTENTS siatoment of trte8s, rnspon8ib1111188 12 Indepandenl audiloffs reporl 13-15 Statement of finandal 8cbvithe8 18 Balanc4 sheal 17 18 Noie81o the flnanclal statements 19-31
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The tru8tee5 present their annual report and finala1 ststaments lor the yaar ended 31 Mar( 2025. The flnandal ststsments have been prepared accordance wllh the aOuntIng polldes set out In rÈote 1 to the flnanclal ststements and comply wlth tho charlVs govemlng documént. the Charlttes Act 2011 and 'Accounling an Reportlng by Charltles: Slalémént of Recommend Prathe appllcable to charltss preparfng thelr accourrts In acc¢)rdanc• wlth the Flnancial Reportlng Standard applr¢at4e In the UK and Republlc of Ireland (FRS 102)" {effectlve 1 January 2019). ObJKtlv•s and acllvltl•s As Idenllfied In Its consUtutEon the charity was establlshed lo: Provlde and promote educafjonal, recreatlonal. soclal, and lel8ure opporbJniUes and servlc6s for the paople of Walsell and the Immedlata ¢ommunlty of Hath&tsn and Rushall. Establlsh a Communlty Centre 8nd Ihereafter maint8ln ar manage Ihe Centre 88 opproprfat8 In partnarshlp and Cowoperation wlth any 8tatutory authorlty. In furtherance of tha above. The dTty operates vAthln the parametern lald down wlthln Its consfjiulon a1 stsndlng order8 and does 80 without diBtincllon of 8ex, 3exud orlentsllon, race, or of polltical or rallgious oplnlon8. There have been no materfal chan008 lo those polictas sinc• thè dale of the last annual report. Public bonofft The Irust•e8 have pald due regard to guld8nce 188ued by the Charfty Comml88k)n when examknlng thelr alm8, objecllves and future plans of the organlsatlon. A¢tMtles The eharfty Is pleased to report th8 strateglc dev8k)pments, key athlevements, end communlty4ocu8ed Inltlallve8 undertaken by ts Manor Fann Communfty Assodatkn dwlng thé year •nd Marth 2025. Th1$ perlod w8$ tharacterlzed by pro8Ctlve ladlty Improvements, the expanslon of crfllcal 8ervlces, and robust projed managernt In the face of unforeseen challenge8. The As80ciatlon'8 dedlcated team has worlod tirel8881y to enhance 118 Infr8slructura. 8acurn vltal fundlng, and deepon Its posltlvo Imp0Ct on th8 MmunIty. A¢¢ommodatlon and Facllltles A primary fows for the year was the stratsglc enhanceThnl of our physlcal assets to better seNe our berthlarias and ensure a $afo, elnd•nt •nvlronment f¢r our stsff and ¥ItOrS. Tha start of the year sew the charlty Invest heavlty tnto the gyfflftaslth wlth th6 long ov¢rdue repl8¢emeni of Ihe old wooden Il¢)or wlth the Installalon of a new wet pour pulastlc pdymer floor Ideal for gymnastt¢a, badmlnton ar all keep fft actlth. The tlmber fioor11 replaced was almost 50 years old arKI beyond further rapalr. It is hoped the naw Iloor wlll provlde 8 8ervlce of similar longevlty. The year presented a slgnfficant Infrastnjclure thallarye wlth the orylng deterk)ratlon of the heatlng and hol water swems at the Manor Fom slte. The one remalnlng boller. from the gInal four, falled numerous tlmes durfng r and due to the age of the boiler, now over 50 years cAd, repalr arKI replacement of the falled p8rt8 became Increasingly Imposslble. Walsall Ci)undl. cwjr landlord, are well aware of the problem and managed lo source a replacement boller frnm 8rK)ther Coundl propety that prOded 8 temporary and Interlm sdutton. Looking ahead, the charity remains in acllve d18CU981on8 wlth Ihe Coundl ragardlng a lontrtami plan to ins18118 ctsm*tely new heat]ng and hot water systom for th• building. whlch will also 8eparate the supply for Elmwwd S1 and the CommunityAssoGlatloni provkllng both entllles th greater autonomy and control.
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 One of the Most amb[u3 projects of the year was tho exten rthrblshment of the ¢Ad dometh 8danca area to eate a modem, purpos&bullt 6pace for Tr Mollvation Hub,. Thls was a coM8X and Intricale undertaklng. P8rt1cularty the plumblng and dralnage ModifallonS requlred to In8ts11 a Self-contslnad. dl8able&a¢Jxs toSlet comte holst equlpmanL Tlws capthllty Was kIentIfd as a crltical need by Walsall Cwndl, who had noted a slgnlficant 8hortaga of such fadtitles vthIn th8 borough 8rMI guaranteed a thrt of referrels for ts Hub orH the fadltl88 wem In placa. The Irbhfflant alr induded a new ¢dng. slat&of4htrart Ilghtlno. redeoyakn, new florMiThJ. and the inslallatlon of bespoke fvmlture speaN¢ally deslgnad fcrvARel¢alr dlents. The dlrnctor of the Mouvatlon Hub. Suzann8 San( expr888ed Immense satisfaction wtth the new area, and ore cA)nffident It wilt enable the eypanslon of Ihelr vllal seNIs. The successful completbn and oc(wpati(m of th18 new 8p8c• on March 1st 2025 math¢d a major athlevem8nL To optimiz• our bulldlng's layout and accommodate the wthvlh ¢1 86r¥keg. tho tr17ty also cothed out 8trateglc reallocalSon of 8everal key 8PaGg& Th• SIIv8r sIce was jussfullY relocated to the Iljrary, Yath all actMO# convenlenty locatsd on the ground Iloor to Improve accasslblllty for Its etdedy dtentele. The Smver Ser4lce staff are housed In an upstalws office, and 811 telephone arKI intemel lines re 8eamlessly transfenpd arKI are fvlly opera¢Jonal. Thls mov6 al created a new opp¢rtunlty for the Urfted Support Group, 1¢h tocA( occupancy of rooms In the Manor By1•8 secllon of the bulldlrvJ and k8 already uMtsiderirYJ expandlng Into a thlrd room to support fts ¢onlnu provkllng muth nead support rVIceS for autUc dmldren. The ¢arfty esSful secured a £6.000 granl from The Good Thlngs Found8tlon, to create a new ICT sulle at Manor Fann. This iniliative provtdes eswljal rr resrceS and tralning to bcal residents, hdplng to brge the dlgltal divlde and empower Indlthuals wlth fundamental Computer that are now necAssary to funcdon In dally Key SeThlcos and Prolec16 (kn commltment to ser4lng the communty has been demonstrated Ihrough the conllnuallon of existing projects and the suc<xsful launch of Inltlthes that address presng local naed& The Sllver Sorvke Th8 Slver Serni(, a hlghly respected and well-regard8d provlslon for older peopl8 aged 50 8nd above In WalsalL e4)ntinu8d Its cxudal worL The ser¥lce core mls61on1s to combat 80dal Isolatlon and promole Independent Ilvl by enabllng older Indfviduals to remaln In thelr own hom8s, allevlatlng pressure on 8tatutory health and ca 8eTth. We pde a rarvJe of ackneS, IrKluding regularly organized group sesslons, c[al ouungs. and educational workslwps, all deslgn8d to foster sodal cffinections and provlde mental stimulokn. A kay nment the genrfce involves our trained professlonals and dedicated volunteers who provlda parson81iz8d IKxno vi&ts. off1n9 companionshlp, astan¢a *ith daty la8k8, arKJ emotlon818upwL W8 also conllnue to offer specialized support for those wlK+ have begn bereeved through supported actrth like nature walks and coffee groups. The pr¢Ject, etem81ty oeful for the fdIng reCeIv ftom Th• Read)Ing Comnxmltlos Lottery Fund. will continue unUI 31 Marth 202&
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTIMUED) FOR THE YEAR ENDED 31 MARCH 2025 Lead6r8hip on Koy ProJ•ct8 The yaar presented a nIficant thallenge wllh tha Ilquldatlon of Steps to Work (STW) In septemr. f¢rn)er lead contrador for the charlty for both t Wakall Bridges Black C(NJnty Futsjres projeth. In resp<)nse, the tharity stspped up to take the lead on both Inlliatlves and was suc¢essfvl In Se(ring a naw dlrect contrad wth Walsall Counal for the Wa18all Bridges PrnlecL ensuring the confjnulty of this essenttal servke. For the Black County Futures pro we successfiJMy reeAved and dlsirlbuted final •x mnths of fundlNJ our pathw& upholdlng our commltrn•nt to th8 collaboration. Follcthing an unsuccessful appllcakn for connUatIon funding from the National LOttY Cmunity FurKI, we held a strateglc devd¢pment day in January 2025 to d18(8 and chart a path forward for the parkneIP. The Conlrfbutlon of Vojunteern The Invaluable contributrons of our volunteers are a CAYrrstOne of the Manor Farm Community Assoclatton The dedicton of these IndIu818 signfftanuy enhan( our abluty to delNer essenual seNlces to the communlty. In PartI18r, we extend our heartfelt gr8tliude to Ihe volunteers who support Ihe Sli ver Service prqecL These ionate individuals work alongside our trained professionals to provlda p8rnonalized lffle vAits to older people, offwfng MpanIOnshIP and asslsung V1h daily ta8k8. Thelr SUpt ts crit81 In helplng to (y)mbat St)dal IsolalK and promobng the Indewdent lfvlng of our b•nefidarles. The time, skllls, arKI empathy that our volunteers pre are instrumental in fosterlng a sens8 of belwlng and Improvlng the over811 welle1ftg of the people we 8erva. We are Incr8dlbly thankful fer thelr unwavering Gommltnient to our mlsslon.
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and perfornianco SlgnMIG8nt activitles and achievements agalnstotyecbves Collaboratlon and Partnershlp Work A (t)merston8 of our suttess ts our collaboratlve approath and the estabShMent and nurturing of Stro pathershlps wlth 0th6r kay organlzafjons. We are proud of our contlnued work alongsidé statuw I)0d$. local trmmunlty group5. and r8glonal authori118S to d•Uver a cA)ordinaled and Impactful servlce. Walsall Coun¢ll Our strong and lengthy relallonshlp vAth Walsall Councll ramaln8 a vlt81 mponent af <Jur W. Ihe C¢MJndl and the Associatlon worldng together to dellver a broad spread of communlty-baged seNlces. Over the 124nonth p&lod h85 induded: Followlng tha Ilquldatlon of Steps to Work (STW) in Septsmber. the fomw18ad contrador for the Walsall Br ProJe¢t, Manor Fami Communlty Assodatlon Step up to take the laad and successfully Secured a new dlrect omtract wllh the Council, ¢nsurfng the contlnulty of tr3 ewntlal seTrlce for ts communlty. The prolecl supports econ<Jmlcally inactlve adults to regawi emplOynlI or access tralnlng. The a8sodatlon has (a)ntlnu8d to work hard In •8lalMlsfdng Itself as the lo¢alty hub for the Coundl for the e#t of th• toMI and bulkllng the locallty-based rnodel of support for W8lsaf8 vduntary, communlty, falth, and 80dal enterprise 8•clor, Its role to empower organlsatlons arKI groups to buHd sknnglh and r•slllence wlthln thelr local communltlas. The role has 88en the charlty leadlng end provldlng: . Support to reglstered Gharltles, CIC'S, CIO. Swls Groups. Fatth Groups, S¢xlal EnterNlses aThJ Constituted groups. . Boroughwlde promollon of actlvllles and seICe$ Increased acc688 to local, reolonal, and nattonal oppt]rtunille8 Support for new and emerglng groups Support for the Increase of efflciencl98 and suslalnablllty Volunt8erfng opportunltla8 . Support wlth Pollcl8s, charltablé 8taiu8. ond re$tOn8 developmantal tralnlng opportunttle$ . Opportunllles for groups to work together around C4)mmon themes lo Support eath ¢h•r Support wlth devebping prolact Ideas 1-2-1 m•6tlngG Monthly n¢wslelters
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Over the year we have supported over 300 different owanisation8 With a great varf8nce In the level of support required. Some groups require Intensive supwi as they are Just artlng up and need help wlth conslltulions. govemance and establlshing legal identity with other mLYe established groups Ivs more a ¢ase of catthing up occask)nalEy or sendlng out re18varrt infomiation su() as furKllng opportunltles or communlty updates. Su¢xesses Indude sUppOng groups to access fvndiTrJ. developlng Tr>mmunlty Frlends, and the provision of monthly neivxwklnohralnlng events covulng a wide range of topics wlth guest speakers. Thesa have been very well attended ar. in addilion to the benefft of being able to C8scad8 Infomatlon to a18rge number of gr<)ups simultaneously, rrkslKJPS have enabled groups to meet and develop relatlonshrps and irwJ partheTshlps. One to one sessions Vth members of tha publlG lo upsklll Ihem in dlgtt81 ltteracy to enable them to galn acc&$5 to (¥)undl onllne servlc8S. Our so¢ial prn8txlblng contract wlth Walsall Councm for the East of Walsall conllnues lo be successful In th8 personal support and slgnposting rnsldents to acc•ss ¢ommur6ty senilces and athfjtles to Improve their health and Ilbe1r. 168 Indmdual Intwvl8W8 and assessments took ptsce problems crf depresslt)n. anxiety and sodal Isolation of uPpt concem, acojunting for over 88% of referrals We 8190 )Ik the Councit to provide financial wpport to resldents in cr5sis, dlstribullng over £20.000 In ald arnl 200 free bus passes. Tha funds ar8 used to support households in most need, particu18rly those who may nol be digible for other govemment support but who are nevertheless In urgent noed and requlre crisls support to he meet the evw4ntreaslng cost of ftxKI and ulllltles. De The (arlty al80 recelved £11,000 from ts Coundl for communlty developrnent actlvitles whlch the thaTity focu on improvlNJ ts work thryth w)lunteers and encouraglng new members of the publlc to access community provl810n. The chaiity contsnues to benefrt tremend(wdy from the supwt of volunteers wlth over 300 hours of support provided each month. The "Better Impacf volunteer managernent system has been implemented allowlng the charity to maintain a centrafised datab88e sJEtem for our volunteers and enables targeted emalllng, record keeplng and. importantly, a tslly of the hours of wlunteer contribution whlGh 58 extremely useful in calculalng the SROI {sorial return on invesknent). Th8 charfty was, Ihor•fore, extremely pleased to galn reaccredtatlon of the hlghly revered 'lnvestors h Volunleers, award. the prestlgious UK quallty slandard thal provldes a rlgorous, Independent benthmark of 8n organis8tlon'8 excellence In volunleer management and Invotvernent. Aehlavlng thls award. slgnlfies our profound ¢ommllmenl lo pulllng voJunte¢rs al the very heart of the organi88tion'$ operauo For our thaTity, thls athlevement COnfim that our proces8es, from re¢)iJllment and tralnlng to support. sup¢Thlslon, and recognluon, meet nationally rec<¥nlsed best ticeS, ensuring that thelr dedlcated voluntger8 feel genulnely valued, devdoped, and motrvated.
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Thrlve Bus The charW8 'Thrfv6 Pro. Ifs moblle wewng 88Nice dellvered In parlner8h• vAlh Bloxwich Communlty Parfnershlp arml Communlty Transport (x)nlinued to b8 hugely succ88th1 as a way to engage hard-ttrreach groups lthln Ihetr own c(xnmunllle& Thè Convert bus. th tts irfs Chair brandlng conllnued lo travel to venues all around the towm. wllh the offer of a free drfnk arKI chat wkh our onboard staff otsing resldw)ts advlc•, gUIdan Inforniakn and support for any issue they may be faang. Beiwean 200 to 300 peopla attend bus every month wllh mental health eonllnulng lo be Ihe m¢%t mmon Gqu88 for concem logether vAth thé wonles about ts Inceased tt of Imng. hedth, dwgs. akx)knl, Ir Sway pathershlp vAth Bloxwith Cc¥nmunlty Partnershlp and Transp¢Nt has dellvwed th8 proA•et ft8 Incepllon In November 20218nd has thus far provlded help for 0r 6.000 people. Current fundlng for th• projecl wlll run untsl end of March 2026 when Ihare may then. sh1 Ihe pr deemed worthy of conllnulng. be tha opportunty to retsnder. Wldér D•twmlnants of Health The charfty a180 partnered Bro1h1116 Conmwr Assodalton In the dellvery of a ontryear project Wder del8milnants of h881th' that on 1 May and alms to ladde corn soclal and a¢0mC Inewalilies arxoss W8lsal1hat Impad on halth and wejlbekng. o]e(X Involved the organlsallon arKI hosltng (rf(x)mmunlty wellbelng events that Induded: . Wellbeing Talks (bMI C(r awaren866) Wellbelng Walks . 8en8ffl8 Infornn 8essions And v4rltyJs tasier8 Sn ccwnmunlty aclivitles indudlng: . 8eltroom Dan¢w tastsr 8esslon8 . Art Tastsr 8es8ions . Sporting 8e8slon8 . Lkne Dandng . Escape ro¢xn athlles to bulld confKlence . Walklng CM(et . Commtmlty Walk8 Th8 projecl was very sUCcful and. as a 8pln off, was also very £ceSSful In kncreaslng fooffall thto th• Manor Fami Catre 8T engagèment Into Ihe many other servlces and adlvllles we provkle.
MANOR FARM COMMUNITY ASSOCIATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
West Mldlands Combined Authorlty (WMCA)
We are proud to have pathered with the West Midlands Comblned Authority on a Test and Leam. proJecL for
ich were awarded £20,OOQ. This Initiative was deslgned to run unlil March 2025 and aimed to empow
Walsall resldents wfth disabllltles by provi(fing them th a plaifomi lo volce thelr needs and nCernS. The success
of thls FY
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal revlaw Flnancl•l Perfomiance and Revlew Wtth contlnued finandal awarene&8 and Prudence, the charfty conllnues Its focus on financlal sustslnablllty, gr ar, wlth K Ihe 8bllity lo c<x)tIrn to expand. develop and delfver Its th range of 8ervlcAs. activltles and facllllles to the I01 c(Thmunlty The fln8ndal Stalements for the yaar ended 31 Marth 2025 have b¢en wepared and auditad wllh the totsl Income for the year at £1,168.331. an Increa8e of £3(,000 or over 30% on the prevlous year and ptharlly due to the growth In restrlcted gMI Income forlhe dellvery of spedfic ¢harliabh prolecl acNUes. Worthy of nota howev•r Is that £102,986 of thL8 Income r•lates to Ithng Ihat was dlstslbuled to parthar organlsallons due lo the charfty assumlng the18ad role fijr 819 Lottery. Blad( County Fuiwes, enwoyablllty project aftw the demlse of'St¢ps to Work,. Incorne fiDm tradlng actSvltles decreased by £31,393 to £349.87Q down from £381.271 and due 18rg81y to decreased kK¥Jme from lettlngs and room Nre. Inve8tment 1Thrne 8gahi an Incre&88 up £13,981 from £74,749 10 £88.730 aml conllnues to be a key fa(kn in LxJnlnl)uting to the chaws abillty to Show a poslfva outcome for year. Not wrlsgIy, expend5tur• al80 Inceased by alm08t £200.000 10 £1,063249 from £873.417, due predomlnanty to lncrthw In Staffing assoclated wfth the Increased progr8mm• dellvwy. The d)arty extremely ple08ed to concludo tha year therefore wlth 8 8urplus of £105.082 that wlll be used vJi88ty and wllh due care arKI careful conskleratlon In hlng the ¢harlty move forward wlth its plan8 for the fUre.
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ext•mal Fundlng Thè success in woth wlth, and receivirwJ fundkng from, extemal bodles and partner organ1881ions in grant aid to deliv Its wort conlinued with £704.081 recelved durfn9 the year analy8ed as follow8: £116.000 from Wa18all Cthmdl for our Wa18all connected, prolect at the Manor Hosphal and Watsall Lthry. £113,525 from the Blg Lottory Reachlng Communltlés Fund fcf yr one of aur twthyear project to addr•ss 8oclal Isolation aiimgst older people In W818811, Watsall Sllver Serylce. £102,986 from Naoonal Loltery Communlty Fund for dlGtrFlxJllon to parinar organl$8th)ns In our lead role of the '81aGk County Futures. &Woyablllty projec. £87,924 from St•P8 To Work for our Walsall Brldges, employablllty wogram. £35.(MX) from Walsall MBC for our role 88 East Loc6ty Lead. £35,OIXI from Walsall MBC fi>r our 'Maklng Connectlon8 Wa18all' projecl for people In th8 •a8t•m seclon of the Boru4h helplng to combot 80¢1al Isolaiirm by connecttng them to C¢)Mmunfid provtslon. £33.090 from Bloxwich Communty Partnershlp for ¢)ur partnership c4ntract fty the Thrfve .Lef$ Chaf s. £31.6QO from Brownhllls Communty A8sociallon tr our partner8hlp wttract for th8 Wldar D8t8mn8nts of HIlh, projec £24.322 from Natlonal Lottery Communlty Fund for our dellvery as part of the 'Blad( cnty Fubjres, empknyabilty projed £22.lJ)O from Walsall Coundl for'Houslng Support Fuftd, dl$trfbufj¢n. £20,000 from West MidlarKls Comblned AuthoTIty for Test and Leam. prlect. £18,214 from West Mldls Comblned Authorlty for'Digital Divide. projecl £11,000 from WalsaS1 Cwicil Communty Deveknpment Fund to aS$t wlth volunteer recrultment. £8,480 from Wal8alt Coundl for Hollday and Food Acuvl £7280 from 810xdI Comunty Partnership for aur delivery on the youth 'Posfttve Outcomes Projerf (POP) £6.000 reciv8d from Walsall Council for our Manor Fami Walsall Connerted, project £6.IY)O recelved from Good Thlng¥ Ftymdation for ICT provision £20,CKKI from Walsall Publlc Heallh for dlsblbirtion to partnar organlsations on the 'Feeding Our Fures, project; P8rt of our rol& &8 localty lead, of *thich £3,130 w8s retalned for Olf dallvery on th• proi8cL £3,000 from Walsall Cnl for our role as a 'Famlly Hub. Centre £2,680 from a varfety of Sour8 for Small mmUnIty celebratlon events
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 It Is the policy of the charlty that unreStr1d funds that have not been designated for a spedfic use slK)uld b• malntslned at a level of ffdnlmum twdve monttB expendIre. Reserves ensure the tharityvs financlal Stablllty, as a buffer agalnst unforeseen Income shclfaIlS or unexpethl expenditures to manage rfsks effectively. The tsrget reserves méat8 three key obJedtVe8: SeThrfca Conlinutyloperatlond re6111enw To maintaln essendal aervlce dellvery durlng p10d9 of finandal Sustslnablllty: To PrOde a perlod for the app¢Va8Curfro of altemakn fundsfin(Thw 8tream8 to ensure the ¢x)ntlnuetlon ol the charity. Orderly W1n¢)QWt4ff serIty and translllon.. To ensure Ihe charlty can fund all 8taff costs fcr one yaar In th8 event of potonll?I d08ure. provhllng a struclured. dlgnffled employment tran81tlon perfod. Plans forfuturn porfod8 The ch has congldernbh hope8 and plans fortho fijre IndlIng. Contlnued Improv•ments to the fadNfje8 and knfr8strure of our pr188$ Exploratlon and deVdment Of$e for youw people Idandfy and s•cure new are88 of wk and a880Lialed fimrfing S8re cxjnllnI 'lnv88tors In VOntee, accrethfjon Contlnued •xpan8lon arKI d8v8lopment of th• Sllver Sttvka The con8tllubon of Manor Farm Communlty A89(Klallon adopted In 1977, jIllneS the governance arrangements for Ihe charlty end the e1111ty and 8elect1 process by vthich tru91eeg are appolnted. The governan1 of the charlty Is condurtad Ihrough the board of eleded trLthes who glve of thelr Ilma freely and are respi)nslbla for the overalt and dedslon rnakSng of th• th8rity to achleve the charllvs 8tatsd ow8th. Tlw meet requlred and new tru81ees foll an inductlon proc to Introduce Ihem to Ihelr role. after erryi111ty to serva as a charfty trustee h&8 been duly ched(ed. The trustees are also able to (xwt and appolnt new trLL8tees to asskt wtth govem8nc8 and Managem of the dwrlty. The trustees are cognlzant of the rlsks to the 8ugtslnabllSty of the tharity and conslderatl( and reeW of pertalnlng Issues Is a key focus of thelr me8tlngs. as are the malntenance of a tsk raglster and the Implemenlatlon of strntaglas and sysiems to1888en thase vthere posswe. The Chlef EXlIve of the tharfty provldes them vAth a copy of Ihe CnSItu1k>n and standtng cth and wlth cwles of past rninuie8 of meatlngs, annual rel8. and accounts. The charlty Is not currently a rx)mparby Ilmfted by guarantee. To ass18t Ihe trustees, wffjmbor8 of 8taff are employed dlrecty by th• charity lo Implement arKI c8rry oth the da day actlwiues and business of th8 organlzakn arKI are managed and led by thè chi Execulive of th8 rtharlty who report8 dlrecdy kn the chartty board of tnJstees. In addlll¢)n to pald $taff. th8 ¢*arfty ts extreffrfly fort(Kts to have a growing number of volunteers ably 8UPPOrt and 8S818t wlth the development end dellv•ry of seNlces ac111188.
MANOR FARM COMMUNITY ASSOCIATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees who served during the year and up to the dale of signature of the financial slalemenls were: A While J Arblaster A Weller R Butler S Bawa (Resigned 30 June 20241 Staffing The success of Manor Farm Community Association is a dired result ofthe dedication and tireless work of our staff. We are immensely grateful far their comrnltmenl throughout the year. We extend our special thanks to our senior management team, lo our Chief Executive. Gary Bird and lo our Charlty Manager Sue Evans, for their exemplary and unwaverfng leadership. We also thank and congratulate Georgina Ball in her new role as Deputy Charity Manager and Terri Fryer and Gayle Johnston, for their diligence and commitment in thèir roles as community development managers. Thelr Gollective efforts have been instrumenlal in navigating the challenges of the past year and in securing new opportunities for the future. The Board of Tnjstees also wishes lo thank all staff for their perseverance and diligence. Their hard work has been crucial in securing new funding and maintaining a high level of Servi to our community. In conclusion therefore and final recognition of another very proud year for the charity and the provision, seryices and activities delivered, I place on record Ihe sincere and greatest thanks af myself and my fellow trustees to Gary Bird our Chief Executive, to Sue Evans our Charity Manager and 10 811 of our staff and wonderful volunteers who continue lo toil daily on behalf of Manor Fami CommunityAssociation for the benefit ofour communily. The ttvstees, report was approved by the Board of Trustees. Trustee
MANOR FARM COMMUNITY ASSOCIATION STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 MARCH 2025 The truste88 are rnspon8Ue for preparlng Ihe Trustee8' Report and the Iln•ncial statsment8 kn accordenca with 8ppliGable law and Unlted Kingdom Acc1n9 Standards {Unlled Generalty Ac•d A¢o)untlng The18w appllcable lo ch8rttse8 In Engl•nd and Wales requlres the tru8taes to prepar8 financlal $tents for each financial year glve 8 true and falr vl8w of Ihe state of affalrs of Ihe charfty and ol the In¢•ynlng resowces and 8ppll¢alton of resources of tha tharlty for Ihat Yr. In preparkng these finanGial 8taternen the In18tees are raqlknd to: . 801eci sultabb a¢¢ounthu polkiés then them conslslenty, - observe tha mèthods arKI prlrKaples Sn the Charlti88 SORP; - make ludgaments and 88Umates that are rnasonable and prud•nl', - stat• whether appli10 ac&)unllng 8tsndards have been follod. 8ubJeGI lo any materfal depareS disclod and •xplalned In Iho finandal stsiements; and . prepare thg stalements on tho gotro c%incam ba818 le9 It Is Inapwoprlate to presume that th• dwlty 111 conllnua In yatton. Th8 are respondble for kaaplng 3ufflcl6nt a¢xountlng rec<Kd8 that dlGdo8e wlth reasonable awjracy al any flm• the Ilnandal pothn of the and enabh trm to ensure that finandal stalThnts comply wlth the Charflles Act 2011. th6 Charly (Acnts and Reports) Regulatlons 2008 the provlslons of tho tnmt deed. They ar¢ 81$0 r•spon8lbl• for 8afegu*dhg the a888ts of the charlty and h¢8 for taklng r¢a8oMble steps for the evenlbn and dele¢Uon of frwd and other Irregularllles.
MANOR FARM COMMUNITY ASSOCIATION INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MANOR FARM COMMUNITY ASSOCIATION Opinion We have audlted the finana81 statements of Manor Fami Communlty Ass¢datbn (the 'charlty') for the year ended 31 March 2025 whlch comprise the ststement ol fffjanc5al acllvllles, Ihe balance sheeL the statement of cash Il¢w and notes to the financlal slatements, includlng slgnlficant ac¢ountlng pojiaes. The finaneial repjrting fram thal ha8 1)een applied In thelr prep8ration is appllcable law arKI Unlted Klngdom Acts)untlng Standards. Indudlng FinarKlal ReportFng Standard 102 The Financlal Reportlng Sland8rd applkabla In the UK and Republk ol lrnland (United Klngdom GeneraltyAccepted Accounung Prdcllc•). In our opinron. the finandal ststements: give a bve and falr view of the state of the drf$ affalrs as at 31 Mar< 2025 and of Its Incomlng r&8ources and application of resources, for the year Ihen ended; have been properly prepared In 8X4)r(lan wEth Unitéd Klngdom Generdly Aepted Accountlng Practlce; have been prepared in acxordance wlth the Ch8rf1ies Ac 2011. Bas1 for oplnlon o)nducted our audlt In accordance Intsmatklnal Standards on Auditing {UK) (ISAS (UK)) and applloble law. Our responslbillUe8 under th08e standards are further descrlbed In the AudltoP$ responslbllitl•s for the audlt ol Ihe finandal statement8 sectlon of our report We are Inde of tharity in accordance vAth the ethlcal requ1ments that are relevani to our audlt of the finanlxal slatements In Ihe UK Includlng the FRC8 EthIc81 Standard, and we have fiJlfilled our olher ethlcal respons]bUltles In accordance those requlrements. We bell8ve thal the audlt 6vldence we hava obtsinad Is suffiLa•nt and approprfate lo a ba$b for our oplnlt)n. Condu81on• relatlng to golng concern In aLK15tlng ts finarKlal statements, we have concluded that Ihe tnjsteés. use of th8 golng c¢Mc8m basls of ac(¥yJntiw in the weparation of the finandal statements Is approwkte. Based on the work wa hav• performed, we have not klenffied any materlal uncert8lntte8 relatlng to evants or CndItIor thaL Indlvldually or collectlvaly. may casl sFgnlficant doubt on the tharW8 ablllty to exJntlnu8 a6 a wln9 concern for 8 P8rlod of at18ast t¥velve months when the financlal statements •re authorfsed for18SU•. Ow responslbllllfjes and the respon8ibililieB of the IN8tees whh resFeCt to golng concem are de8cTlbed In rnlev8nt seclons of thls reporL Other Inforniatlo The other infornialion comprises the Infomiatson Inthded In the annual report other then the flnanclal Statements arKI our audltoffs report thereon. The tru81ee8 are respon8lbl8 for tha othar Informatlon cxlntalned vAthln the annual rewL Our oplnlon on the financlal statements doe8 not cover the other Inforniatton and w6 do noi oxpr688 any f of 88suran¢¢ ¢ondu8lon thereon. Our re8pon8lblllty Is to read the other informallon arKI, In doing so, consider vthether the othar infornlation 18 matertalty Incon8l¥tsnt wllh the financlal Statements or our knedge obtained in the Cr8e of the audlt, or olherrfth appear8 to b• materially thsstaled. If we k1enfy Such materfal Inconsl8len(4es or apparent malerlal mlsststsrnents, we are requlred to detennlne whether Ihl$ gives rfse to a materlal mlsststement In tha ffinand81 ststemgnt8 themselves. If, basod on th• wo fkqV• perfomied, we condude that there materfal mlsgtatement of thls other Infomiatlon, we are requlred to report that faL. Wo have nolhlng to report In thls resard. Matt•r8 4)n whlch we are raqulrnd to r•port by oxc•ptlon We have nothlng to report in respect of the followlng matters In relalion to which lh8 Ch8ritie8 {A¢counts and Reports) Regulatlrms 2008 qUIreS US to report to you rf, in our oplnlon: the infornialk)n glven In the fin8ncl818talements Is Inc($1$t8nt In any materfal respect wllh the trustees. r8POrt', or sufficlent accountlng records have not been kept; or the finandal statements are not In agr•èmèrt wEth the accounllng records; or we have no¢ recelved all the Informafjon and explanalions we require for our audlL
MANOR FARM COMMUNITY ASSOCIATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF MANOR FARM COMMUNITY ASSOCIATION
R•8ponslbllltl•• of tru8tae8
A8 explalned more fully In the slatemenl of truste6s' responslbllllles, the trustees are responslble for the preparation
of Ihe finandal siatements and for b8lng sausfied that they and falr vlew, arKI for such Intsmal ¢ontr¢l 8$
the trusta8s datemlne 1$ necessary to enable the preparafjon of finarKlal statem8nts that are free from malerfal
rnlsstat•manL vthether dLh• to fraud or error. In preparing the financlal statements, the trustees are responslble for
assesslw the tharfV$ 8blllty to cA)ntlnue as a golng concern, dlsdoglng, as appllcl8, matters relatad lo golng
concem and using the golng canc•m basls of accounllr¥J unless the trustees eiiher Intend lo caase operatlon8, or
h8w no reallstk altematlv8 but to do ao.
Audllorfs Yespon8lbllttl•8 for the audlt of th? Ilnandal statement8
We have be 8ppolnt¢d as audltor under sectlon 144 of the Charltl•s Ad 2011 and report In accordance v41th the
Act relevant ragulatlon8 made or havlng effect thereunder.
Our Objeve8 are to obtaln roo8¢>nable 88surnnca about vthetherthe Ilnandal statwnents as a wh¢la arn frae from
materlal mtsstatement, whether due to fraud or wror, arKI to 188ue an auditorf8 report that Indudes our opinion.
Reas¢naNe aUranClS 8 hlgh level of assuranrA but18 not a guarantso that an audli conducted In accordance
ISA (UK) wlll always detect a matsrlal mlsstat•ffnt th It axlsts. Mlsslaternts can arf8e from fraud or
error and are consldered matsrlal rf, indivlduolly or In Ihe aggregate. Ihey c
MANOR FARM COMMUNITY ASSOCIATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF MANOR FARM COMMUNITY ASSOCIATION Keval Dattanl ACA (Senlor Statutory Audltor) For and on behatf of BK Plus Audlt Limlted. SlalutoryAudltor Chartered Certtlled Accountants Azzurri House Walsall Road drfdg8 Walsall WS9 ORB 14/12/ ia33
Iii" V 171 tr) q>
MANOR FARM COMMUNITY ASSOCIATION BALANCE SHEET ASAT31 MARCH 2025 UNAUDITED 2024 2025 Notes Current assets Debtors Cash at bank and in hand 14 100.069 2,682,737 98,065 2.445,399 2.782,806 2,543,464 Creditors: amounts falling due within one year 15 (176,2301 {41,970) Net current assets 2,606.576 2,501,494 Creditors: amounts falling due after more than one year 16 (66,0001 {66,000) Net assets 2.540,576 2.435,494 The funds of the charity Restricted income funds Unrestricted funds 19 20 33.367 2,507,209 3,000 2,432,494 2.540,576 2,435,494 The financial statements were approved by the trustees on
MANOR FARM COMMUNITY ASSOCIATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 UNAUDffEO 2024 2025 Cash flows from op•ratlng aclMtIo9 Ca8h gpthoratad froml{ab80rt)ed by) owrnUon8 148,608 (109.314) Inv•sllng a¢tlvltla8 88.730 74.749 Net ca*h generntsd from Inv••tlng acllvlt 74.749 N•t cuh gonarnted from flnandng actlvltl•8 N•t Incr•a881{d•crea8a) In eA8h and cash equlvalants 237.338 (34.S65) Cath and c88h equlvalents at Wnnlng ofyear 2,445,399 2.479.964 Cash and ¢ash equlvalonts at and of year 1682.737 2.445.399
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accoundng pollclèo Charfty Inforniatlon Manor Fann Communlty AssoclalSon Is an unlncorporatéd ¢harfty, a pUbC benefft enbty as defined by FRS102. 1.1 ACCOUnn9 convantlon The financlal statements have been prepared In accordanca wsth the d)arity8 govemiry do(yJmenl, the Ch8ritles Act 2011, FRS 102 The Finandal Reportino Standard appllcable In the UK and Republlc of Ireland" rFRS 102.) and thé Charities SORP "Accounling 8nd Repling by Charities: Statement of Recommended Praclice applicable to charities praparing their ac(x)unts in accordance wlth the Flnandal Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 102). (effective 1 January 2019). The charity 18 a Publtc Benefit Entity 83 defined by FRS 102. The finand81 ststements h8ve departed from the Charllles (lOunts and Repjrts) Regulaltons 2008 only to the extent required to provide a true and falr vlew. Thos departure has Invo]ved followlng the Statement of Retxynmended Practtce for charllles applytr¥ FRS 102 ralher than version of the Statérnant of Rec)Mended Practlce lch Is referred to In the Regula but vthlth has 81nce boen vlthdrawn. The financtal $18temants are prepared In sterlkng. vknfch Is the functional Gurrency of th• crity. Monetary amounts In th888 flnand81 statements are rounded to Ihe nearest £. The ffinandal statements have been prepared under the hlstorical ¢>xt convontion. The prlnclpal accounllThJ polldes adopted are set out below. 12 Golng concern At the tlme of approvlng the fin8ncl818latsments, th8 trustees have a reasonable expectstlon Ihal the charlty has adequate r&8ources to c£Jntlnue in oper8tit>nal exlstance for the foreseeabl& future. Thus the Irusleés contlnue to adopt the golng nCern ba$ls of attounling In yepathg the finandal statemanl& 1.3 Charftabl• funds Unrestricted funds aro avallable for u¥e at tha dlscreuon of tha trustees In furtheranca of thelr charltsble objecuves. Re6trKted funds are subl8Ct to specific conditlons by donors or grantors as to how they may b8 used. The purposes arKI uses af the restricted funds are set out in the notes lo the finanoal ststements. Endowmnt funds are Subject to spedfic (x>ndlllons ty don0 Ihat the c8Pital mu be maintained by the tharity. 1A Income Incm is recognised when the charfty Is legally entilled to IE after any perfornpnce conditions have been mel Ihe amounts c4n be measured reliably, and il is probable thal Income will be received. Cash donatlons are recognised on receipL Other donations are recognls8d once tha charity has been nollfied of the d(mation. unless perfomiance condlth?ns requlre deferral of the amount. Income tsx racoverable in relath)n to dOrklOnS received under Grft Ald or daeds of covenant is recogni5ed at the time of the donatlon. Legacaes are reeJJgnised on receipt or othenvlse rf the charity has been noofied of an tmpendlng distrltmjtion. the amount is kno1, arKI recelpt Is expe¢ed. If the amount 18 not known, the legacy Is treated as a conttngent asseL Income from govemment and olher grants are recognlsed at fair value when the charfty has enlltlement after any performance cndItIOnS have been me( It Is probable thal the Income *ill be received and the amount can be measured re118bly. If entitlemenl Is not mel then Ihese amounts are deferred.
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aecountlng pollcle8 {Contlnued) Incm from tradng aGbvrties Indudes Ino)me eamed from fundratslng events and tradlng adknU4s to ralse funds for the drity. Inffle Is recived in exdwwe for supptylng g(8 arKI 88Tvice8 Sn order to ral¥e funds and is recognlsed wh•n enthmenl has occurred. 1.5 Exp•ndlture ExdIlure Is recogn188d on¢x them 18 8 lsygal or ConStrlIVe 0b1lgatl to transfer aconomlc benefit lo a thlrd paty. It Is probable that a tranr of econorntc baneffts wlll be requlred In 8etUement, and th¢ amunt of the obllgation can be mea$w rthb Expendi0 1$ d8861fted by athlty The c08ts of each acuvfty are made up of Ihe total of dlrect ¢))sts and shared costs, lrtdudlng support ¢¢Sts Inv(Aved In undertaklrwJ each a•. Dtrect C( attrlbUtate to a ar• allocated dlrecty lo that aGb¥lty. Shared ¢08ts thlch contrlbute to fflore one a¢VIty and swrt cost8 ch are not allble to a 8lngh are apwthned beiwean th08e aLabMes on a basls consistent wlh the use of re8tsJrce& Central Staff costs are allocated IM the b8816 of Ilme 8pgn( and ewed8On Gharges are allocated on th• portlon ofthe as8rf8 Usa. Costs rnlslw InGW88 a880Glated atracllng vobjnlary Inc4)me and th¢ o)sts of trading lor fundrnl8lw PWPCb5. Expendllure on dwltth athlU•s Indud88 •JO81 fjrrred by ts dwlty kn Ihe dellvw of ft8 ac11vib and 8ar¥ices for Its beneficiwi08. tt kndudes both costs that ¢8n be alloc4led dlrecty to Such actMll88 and th08a C08ts of an Indlr•d nattwe CeSSary to 8upwi Ihem. Suppct costs are trM)8e tho1 •¥stst the work the charfty but do not dlrectly rnpr88ent (artt4)l& adivW•s and Indude offte costs, govemanc• c08ts and admlnlstratlve payroll cost& They are Inwrred thredy In pPt of expendire on the rtijects of the charity and Indude proJe(I manag•ment caThled oibl at h8adwhr& Where support costs cannol be dtsecty atlrfbuted to partlGular headlngs thty have been allted to cost of ralslng (d8 and expend1re on therftable actlvftle8 on a basls comlstent th uge of the reur. olr expendllure represents ftems falllro Into Ihe ¢8tegorlÈs of cos18 of ralslng funds or •xpendllure on dwrStsbJe actlvltles. 1rrec0vth1e VAT Is charged 88 an èxp8n8• agaln8t the acllvlty for whlch the expendllwe arose, 1.6 Cash and cash •qufval•nt8 Cash arKt cash equlvalonts Indude cash In hand. dop held al call vAth bank4 olher short.tem) Ilqukl Inv88tmonts vAth orfglnal malurlttes of ntr)nth8 or le88. and bank overdr. Bank overdrafts are $twt 4tNn borringS In rrent Ilabllltles. 1.7 Flnanclal Instrum1 The dwrfty h&8 electsd to apply the provtslons of Sedm 11 '8a81c FknarKlal Instruments, and Secllon 12 'Other Flnan¢aal Instruments Issues, of FRS 102 lo all of tts Ilnandd Inslruments. Finandal InslnThnts are recogn18 h the charftys balance sheel when the d)•rlty beoc#nes party to the provl8lons ofthe InstrumenL Flnandal a88ets and IlabM#ies arn off88( wlth th• net alrnts pro8ent•d In thé finand81 slatements, when thera Is a legally •nfore8abl• dght to sét off the recognlsed anntS aftd there Is an Intenlion to 8ettlo on a nat b8sl8 or to ra8Nsa the asset ar#1 sdue the labEIIty slrnultsneou81y.
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclos (Contlnued) Baslc flnanclal a$$4ts Baslc fjnandal assets, whlch Indude debtC#E and cash arMJ bank balances, are inilially measured al transactlon price including transacllon costs arKI ar8 subsequently cathed at amorfised cost uslng the effeclive Interest meth(xl unloss the arrangement constltutes a finan(xng transactton, where Ihe transactlon is measured at the present value of lh8 future recelpts discwnled al a market rats of InteresL Fknanctal assets dassified as receivable withln one year are not amorfised. Ba8lc flnanclal Ilabllltl•8 Bas1¢ flnanclal Ilabllltles, Includlng credllors and bank loans are Initsally recognised at trans8di price unless the arrangement conslltut88 8 financing transaclion, kn Ihe debt instrument Is méasured al the wesent value of the future payments dlscounted al a market rate of IntaresL Flnandal Ilabllllles classffied as payable wlthln one year are not amortsed. Debt Instruments are 8ub8equenly carrled at amortls•d ¢osi. u4ng effecuve Interest rate method. Trade Gredftors are oblalon3 to pay for goods or servtces that have been acqulred In the ordlnary caw8e of operations from suppllers. Amounts psyable are dassmled as rrent li8bllitr8s If payment is due wllhin one year or less. If not, they are presented as rK)n4curtant liabifrties. Trade creditors are rerngnlsed Inltsly at traraCtIOn price and 8ub8equendy measured at amortised cost using the effective interest method. Der8eognltlon of Ilnanc14111abllltlos Financial liabilrlies are derecognl88d when the charfirfs (XtraCtUal obllgaUons ewre or are dSsch8rged or Cancelled. 1A Employee beneffts The cost of any unuBed holiday entlllem8nt1s rerAJgnl88d In th8 perfod In whi¢ the employeeb 8er¥ice8 arn rocelved. Temilnatlon benefits are recognlsed Immedlalaly as an exp8n88 when the tharfty Is dernly coThvnitt¢d to temiin8le the employment of an employea or to wovth twmlnatlon benellts. 1.9 RlreOnt ben•fll• Payments to definad contrfbullon retlramènt benefft sd)eme8 are c8rged 88 an expansa as thty fall duo.
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crftl¢al aaUnting estlmats• and Judg•mants In th• appll¢atlon of the charftyes accounting policl6s tha tnist•es ara requlred to make Judgoments, estlmates and assumptlons about the canying amounl ol assets and Ilabllltlgs that are not readlly apparent frorn other 80urce8. The estlmatss and 8s8oclated assumption8 are based on hlBlorfcal experfence and other fact¢r8 thal are consklered to be relevanL Actu rewlts may dlffer from these astlmat•8. The e8tlmate$ 8rKI Urng a88umpknns are rethved on an ongolrKJ ba81s. Revlslons to accountlng estimate8 ara recognl8•d In the perfod In which Ihe e811mate Is Sed whore the revi81on affacts onty Ihat perfod. or h the perfod of the revknn arKI future porlods where tho revision affect8 both current and fvture perf¢xl& Ac(xuad and Deferned Inco In recognlslry accruad Income In the finandal ststernents, management estlmate work o)mpleted but not bllled 1¢ Iha dlenL In recognlslng 5ncom6 In the lknandal ¥tatsments manageffK9nt 1811mate work b111 to the dlent but not compl6t•d. Th88e 08fjmates are ba8ed on prolect contracts, project knedge and profa88knn81 ludgement. Accruals The tharity r8cogn1888 acw•l8 a8 part of hs fir1 reportlng waGe83 to ensure that axpon888 and Nabllttle8 ar• r•cord8d In the perfod In which they are IncuThed regardless of when payment Is made. Acouals are astirnatsd based on hlstorkal data. contradual obligalons. and management best ludgernent. Th0so ¢8m88 are periadlcally and adjusted a8 ¢ary to rellect the most 8(xurat• flnanclal po81tt0n. Defined Benefft Pensl¢n Sthwne Tho of flnanclal statements for the p6n8lon sthen requlreg the ug0 of acUnIng estlmales arKI ludgments. These •8tim8t88 are ba8ed on hlslorlc81 exper1, current drn8nCes, and reasonabl• expgGtsfjons of firture event8. Key oreas vthore a8t5mat88 are 8pplled Include: A<knrial As8umNions: The valuatbn of defined benefft obllg8llons relles on athiarfal assumptlons, Indudlng dlsMunt rates, Infiakn rat•s, salary growth, and Ille expectancy. These Assumptlons are revie**d annuaNy and adjusted based on currnnt rnat nd)n8 and eXrt advlcé. Prothlon for Uabillties". Provl8lon8 for118bllllles, suth as legal claim8 or contlngent obllgaUon8, am recognlsod b88ed on the best e8ttmat• of the expenditure required to Settle the obllgatlon. Th• tni8t•as regularly revlew thesa astlmates and as6umptlons to ensure thay remaln approprfate. However, acttial results may dlfforfrom th&88 8811mates. any ch8ng•s are recognlsed In the perlod they occur. Incom• Irom donatloni and l•gacles UNAUDrrED Unrn8trlatad Unrostrjclod lund8 funds 2025 2024 Donallons and glfts 772 10,1364
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENT8 (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• from eharftable actlvllles UNAUDITED T¢)tal Unrestrlcled R•8tr1ct•d funds lunds 2024 2024 Unre8trlthd ReStrIed funds funds 2025 2025 2025 2024 mi11&r0u9 Income Grants and exiemal Income {8ee rnte 7) 24,870 24.870 32.731 32.731 704,081 704.081 395.675 39&675 24.870 704.081 728,951 32,731 395,675 428,406 Income frun other tradlng actfvltles UNAUDITED UnYe8lrlct•d Unmtrlcted funds 2024 2025 Letti and licenslng arr8rvJements Other Income 327,569 363,689 17,582 Other Iradlng acllvltles 349,878 381.271 Income fr4xn Inve8tm•nts UNAUDITED Unrnstrlct•d Unrnstrfctod nd8 2Q24 2025 Intér•st rac¢lvable 88.730 74,749
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 UNAiM)ITED Walsall MBC Housl Su Walsall MBC Commun Slver Sd)e Fund 22,000 11.000 113,525 22.000 11.000 35,071 45,788 14,565 69,354 Walsall MBC Hom Aqa5th & Food Sle s to Work Walsall M8C- Resllllenl Communltl8S Walsall MBC M8kl ne(nS Walsall WalsaN MBC Hos and Llbra 87.924 35.0 112,000 65.168 5.053 116,(100 33.090 Mulll Wal3811 MBC Conne(lad pop Waknll Coundl . SP(X Walsall MBC Y<xth Provla Walsall MBC S Tk Walsall MBC Canne(*ed Services rr West Mkllands Comblned Authtjlty Dlverstty in Clvko Leadernhl BCF2 Wlder Determlnants Fund mlscell8rous small Good Thln Foundatlon Feedl The Futsires DI h81 Dlvlde Natlonal Lotte BCF WMCA- Test & Learn 6,000 7280 6,240 24.322 20.000 18214 102,986
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expen(thre on charltable actMIIo8 UNAUDITED 2024 2025 Dlrect Costs 734.165 208,805 50,019 43.844 865,357 104,975 50,875 32,132 1,174 8,004 Charflable expandlture Premlses costs RepaN8 and maintenance 88nk ch8fga8 Prfntlrg. postag¢, stsdon6ry 8,308 1 J146,049 862,317 Sharn of support and govwnance co8t8 Support 17,200 11,100 1.083,249 873.417 Analy818 by fund Unrestrkted funds 389,535 673.714 358,567 513.850 1,063,249 873,417 UNAUDITED 2024 Nat movemenl In fund8 2025 The net movement in funds Is slaled aft•r ¢harghwq¢yedltlng): Fees payable to th8 charftvs audltor. - for tha audlt of the charitys flnanGIo18latements - for other a&surance servlces 6,2SO 3,750 6.000 10 Audltorfs r•mun•ratlon UNAUDrrED 2024 Fees payable to the charftses audltor and assoclatas: 2025 For audft 8ervleo8 Audlt of the finandal 8tat8m8nt8 of tha charity 6,250 For oth•r 8ervlces Audlt-related &$Suran serytces 3,750 6,000 11 Trt008 None of the trustses (or any person8 rcted with th) recelved any rernunerallon or benellts from the charlty durlng ihe year. 8nd no expen888 were reimbursed elther.
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employ5 The 8verage ffnthty number of •npbyees durlng tho year was: 2025 Numbér 2024 Numb•r 39 UNAUDrrED 2024 Employm•nt ¢08ts 2025 Wages and salarles 687,075 46,250 20.840 616.759 29.526 19.072 Othar penslon costs 734,165 865.357 The mimber of employees *th0ge annual remunerallon wa8 More t1 £60,0 Is as Id1. UNAUDITED 2025 Nunthor 2024 Number £60.001- £70.000 R•muMratlon of kéy management personnel The rernunwaknn of key fflarwJemnt personnd was as foll. UNAUDrrED 2024 2025 65,734 61.648 The trustees ¢onsld¥ the key managament per8onnel lo be the Chlef Ex¢cutsve. 13 Taxallon The dwrfty 1$ exempt from taxatlon on118 aVIde8 becau¥e all its income Is applled for tharftable purposes. 14 Dobtors UNAUDITED 2025 Amounts falllno du• wlthln t)n• year 4,685 93,380 Prepayments and accrued Incoma 100,069 100.069 9&065
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Crnditorn: amounts falling due wlthln year UNAUDITED 2025 Otrw taxati and sodal securfiy 12,231 125.265 1,579 37,155 17 Trade fftditors 3.118 29W7 176,230 41,970 16 Crodltors: amounts falllng due aft•r moro ono year UNAUDITED 2024 2025 Defined benefit pension scheme deficit 66,000 The charity partlclpate8 In the We8t Mkllands Paftsion Fund. a multE4mployer defined benefit ffin81 $8 scheme whorn the 8h8r• of the nat assets and IlablNtss appllcabla to each employer Is nol Identtfiable. The %hom8 Is admlnlsterad for the berfft of Loc41 Authorfty employees and other bodles and Is managed In accordan th the LoGal Govemment Penth Scheme Regulatlons. The d)arfty has been advtBed that in the sch8m8% last 8duarfal repor( a valuation deficil of £66,000 was IdentllF8d ralatlv8 to the tharws Involvarnt In tha scherne. 17 Deferrad Income UNAUDITED 2025 Other deferred incorne 125,265 Deferred In¢xMne18 Induded In the finandal 81atemants 88 follow8: UNAUDrrED 2025 Deferred incomo is Induded thln: Current Ilabllllles 125,265 Movements In the year. D8f8rred income at 1 Nprll 2024 Réleasad from pr8vIou8 rfOdS Resourus dof4rr•d In the year 28.OCM) P8.000) 125.265 Deferred Income at 31 Marth 2025 125265
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Rllement b•nefit schem UNAUDifED 2025 Dafin•d conlrfbutlon h0n Charge lo woffit or loss h) r8spact cl deflned contrlbuth)n schemes 20.840 19.072 The (arfty operates a defined contrllNJlion p8nslon s(beme for all qUalIfytr employees. The a88ets of scheme are held Separatsly from those of the charfty In an Indwndenty admlnlstered lund. 19 Ro8trlclod funds Tho re81rfcW funds of the diity corn8e the Urwo balwces of and grants hekl on trust subject to spedfic condluons by don3 as to how they may be u8ed. At l Aprti Incomlng Ro8ources At 31 March 2024 re8ource• exponded 2025 UNAUDITED Walsall MBC HSIng Supwi Walsall MBC Communlty Development 22,000 11.000 24.322 122.000) (11,000) {21,383) <8,480) (87,924) 13&000) {35,000) {116,000) {33,090) (113,525) (102,986) (9,000) {31,600) (7280) (3,000) (6.000) (2,660) 2.939 Wa18all MBC Hdlday Adlvltl88 and Food Steps to Work Walsall MBC Resllient Communlll8S Walsall MBC Making Connections Wal8811 Walsall MBC Hospltal and Ubrwy Project 87.924 116,000 33,090 113.525 102,986 Naknal Lottery BCF Walsall MBC Connected Wider Determlnants Funds pop Walsall MBC. SPOKE Gcth Thlngs Foundatlon M18c srnall projects Fn9 the Fulures Di12[ Olvide WMCA Test & Le8m 1000 31.6Tr) 20.000 10,428 18.214 20.000 (7,786) (20,000> 704.081 (673,714) 33,367
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 RMlrl¢l•d funds (Contlnued) At 1 Aprll Incoming R•80urc•g Al 31 March rasources expended 2024 Walsall MBC Hou81ThJ Support Walsall MBC Community Oavelopment sli SchemelBTg Lotto Walsall MBC Hollday Acflvtkn arKI Food Steps to W¢xk Walsall MBC Communlty Projects WalsaN MBC Making ConnecU¢)ns Walsall Walsall MBC Hospttal Project Walsall MBC Thrive Mulllply Prolect Wami Hub Walsall MBC Connedad Walsall MBC Ubrary Project 22,000 11,000 (718) 14,585 69,354 35,000 35,000 43.000 85,168 5,053 3,068 9,000 69,000 6,240 3,O¢XI 1,000 2,345 soo 1,600 100 {22,000) (11,000) (110,183) (14,565) 177,128) (35.000) (35,000) (43,000) 165,168) (5.053) (3,068) (8,500) {69,000) (8,240) {3,000) {1,000) (2,345) (900) (1,600) <100) 110.901 7.774 Walsall MBC Famlly Hub Walsall MBC Youth Provlslon Walsall MBC Spark Walsall MBC Conn•ctad SaNlce$ rr West Mids Dlvernlty In ClvlG Leadsrship Walsall M8C Coffee Moming 121.175 395,675 (513,850) 20 Unra8trictsd funds The unrestricted funds of the charity compr5se the unexpended balances of donations and grants whlch are not subject to spedfic mrKlltlons by donors 8nd grantors as lo how they may be used. These Indude designaled funds whidi have been set aslde of unrestri(Xed funds by the trusle8s lor specffic purpose8. At l Aprfl Incomlng Re80urces At 31 Mareh 2024 rnsourc¢$ expended UNAUDrrED 600,0(NJ 1,832,494 Designated 600,000 1,907,21 464,250 {389,$35) 2,432,494 484,250 (389,535) 2,507209
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONllNUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Unrestrkted funds (C¢nthued) Prevlous y•ar At 1 Aprfl Inmmlng Resources Al 31 March 2023 resources expended 2024 Deslgnated Gener81 funds 800.000 1.693.246 600.000 (359.56n 1.831494 498.815 2.293.246 498.815 (359M7) 2,432.494 The designated fund of £8.000 represents the eslimaled CA>St to the (*Ity of ellher r8k)catlng to altwnati premlses or expondllure on ts exlstlng premlses Iffom)al ienancy rlgms are granied. 21 Analy818 of net ouets tsatwe fund¥ Total funds 2025 2025 2025 At 31 March 2025: Cuent assetslOlabllhle8) Long temi liabilities 2,573,209 (66.000) 33.367 2.606,576 {66.000) 2.507,209 2.540.576 UNAUDrrED nds Al 31 March 2024: Current &%8etslOlabilitie8) L(g Ilabllrtles 2,498.494 {66.0(N)) 2,501.494 {66.000) 2,432.494 3,(NXI 2,435,494 22 Related party transacllons There were no dlsclosable related party transadlons durfng the year {2024 - nonel
MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 23 Cash gan6rat•d froml{absorbad by) operatlon8 2025 UNAUDITED 2024 Surplus for the year 105,082 21,073 AdJustrn•nts for: Invesknent Income recognlsed In statement of financial aclivitles (88.730) (74.749) Movenwlts In worklng capttal: (Increase) In debtors Inc*easel(de(x8ase) In uedltor8 Increasel(decr8&88) In deferred income (2,0041 8,995 125,265 (4.493) (23,145) (28,000) Cash gonoraled froml{ab8orbed by) op•rnllons 148.608 (109,314) 24 AnalyslB of ¢hange$ In not funds UNAUDITED Al l Aprfl 2024 Calh Il¢vMqAt 31 March 2025 Cash at bank and In hand 2.445,399 237.338 2,682.737 Loarts falllng due ahr more than one r (66,000) {66,000) 2.379,399 237.338 2,616,737