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 tr￿te8s, 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 fina￿la1 ststaments lor the yaar ended 31 Mar(* 2025. The flnandal ststsments have been prepared accordance wllh the a￿OuntIng 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 d￿Tty operates vAthln the parametern lald down wlthln Its consfjiulon a￿1 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 managern￿t 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 enhanceTh*nl of our physlcal assets to better seNe our berthlarias and ensure a $afo, elnd•nt •nvlronment f¢r our stsff and ¥I￿tOrS. 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 prO￿ded 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 S￿￿1 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 coM￿8X and Intricale undertaklng. P8rt1cularty the plumblng and dralnage Modif￿allonS requlred to In8ts11 a Self-contslnad. dl8able&a¢Jxs toSlet com*te holst equlpmanL Tlws capthllty Was kIentIf￿d as a crltical need by Walsall Cwndl, who had noted a slgnlficant 8hortaga of such fadtitles v￿thIn th8 borough 8rMI guaranteed a thrt of referrels for ts Hub orH* the fadltl88 wem In placa. The I￿rb￿hfflant alr￿ induded a new ¢d￿ng. 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 seNI￿s. 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 tr￿17ty also cothed out 8trateglc reallocalSon of 8everal key 8PaGg& Th• SIIv8r s￿Ice was ju￿ssfullY 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 ne￿ad support ￿rVIceS for aut*Uc 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 res￿rceS and tralning to bcal residents, hdplng to br￿ge 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 sucmmunlty 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 V￿th members of tha publlG lo upsklll Ihem in dlgtt81 ltteracy to enable them to galn acc&$5 to (¥)undl onllne servlc8S. Our so¢ial prn8txlblng contract wlth Walsall Councm for the East of Walsall conllnues lo be successful In th8 personal support and slgnposting rnsldents to acc•ss ¢ommur6ty senilces and athfjtles to Improve their health and Ilbe1r￿. 168 Indmdual Intwvl8W8 and assessments took ptsce problems crf depresslt)n. anxiety and sodal Isolation of uPp￿t concem, acojunting for over 88% of referrals We 8190 ￿)Ik￿ the Councit to provide financial wpport to resldents in cr5sis, dlstribullng over £20.000 In ald arnl 200 free bus passes. Tha funds ar8 used to support households in most need, particu18rly those who may nol be digible for other govemment support but who are nevertheless In urgent noed and requlre crisls support to he meet the evw4ntreaslng cost of ftxKI and ulllltles. De The (*arlty al80 recelved £11,000 from ts Coundl for communlty developrnent actlvitles whlch the thaTity focu on improvlNJ ts work thryth w)lunteers and encouraglng new members of the publlc to access community provl810n. The chaiity contsnues to benefrt tremend(wdy from the supwt of volunteers wlth over 300 hours of support provided each month. The "Better Impacf volunteer managernent system has been implemented allowlng the charity to maintain a centrafised datab88e sJEtem for our volunteers and enables targeted emalllng, record keeplng and. importantly, a tslly of the hours of wlunteer contribution whlGh 58 extremely useful in calculalng the SROI {sorial return on invesknent). Th8 charfty was, Ihor•fore, extremely pleased to galn reaccredtatlon of the hlghly revered 'lnvestors h Volunleers, award. the prestlgious UK quallty slandard thal provldes a rlgorous, Independent benthmark of 8n organis8tlon'8 excellence In volunleer management and Invotvernent. Aehlavlng thls award. slgnlfies our profound ¢ommllmenl lo pulllng voJunte¢rs al the very heart of the organi88tion'$ 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 Inc*eased t￿t of Imng. hedth, dwgs. akx)knl, I￿r 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 0￿r 6.000 people. Current fundlng for th• projecl wlll run untsl end of March 2026 when Ihare may then. sh￿1 Ihe pr* ￿ deemed worthy of conllnulng. be tha opportunty to retsnder. Wldér D•twmlnants of Health The charfty a180 partnered Bro1￿h1116 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¢￿0m￿C 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 Inforn￿n 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 sUCc￿ful 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. ￿ Se{￿red a s￿nIficant £139,569 for the 'Naw Dlgltal Dlvkle. PToJeGL whFch will run until July 2027. We also conlinued work wlth IcKd sports dub4 Aca Afademy and Active Gym. to delrver tha Hollday Aclivity and Food (HAF) progr8m, provrdir¥J a¢b￿l￿eS for children over the Easter, Summer, and Christrnas holldays. We assumed the lead rde on the Black County FuhKes pr*ct aftér the Ilquldatlon of Stap8 to Work. successhlly recemng and drslrfbutlng the final six months of fundkng to our parthers. Following an unsuccessful applicatlon for conllnuatk>n fundlng from the Natlon81 Lottery Community Fund. wa held a Strateglc development d8y In January 2025 to discuss and ¢*8rt a new path frnrd for the parknershlp. allty counts The tharlV8 Suc￿Sful reaccredltatbn of thema￿ StarKlardls a key valldatlon of the hlgh quallty and professional integrity of Its Infomiakn. Advice, and Guidan￿ (IAG) ser¥ices. AS the Depattsnenl for Education national quallty Ma￿ for IAG, thls athl•voment demonstrat88 our commitrnent to ensurfng that Indlvldu818 reGefve Impathl, relovanL and effethe guldance to make Infomied decl8lons al)out thelr leamlng. worK 8fKI Ilfe go81& The award not only affirn￿ our IAG provislonlg excollenl, bul having held the award tsjntlnuously thls reii¢r8tes our dedl¢atfon to continuous improvem8n( robust ￿aderShIp, and havlng thé necessary resourc•8 to dellver Imp8cffiJl, pernOn￿rrtred support The O￿an[saIlon Is Immensely proud of thls r•accredltatlon because tt In8tlls trust In servlce users. reassures partners and fundern of our professionallsm, and ultlmately ensures tho communty has to tha hlghést ler of advice that enables tham ts athieve their full potentlal. The dmrlty was also hlghly honoured to have been nominated for a number of awards over the12st I￿rIVe months Ihe Communlty Insplralk)n Awards in September 2024: the BUSI￿$5 and Entery)rise Award8 In October, recognlslng organtsations thal have mada posftlve conlrftyjtlon to thelr locallty, vthere the chaiity had been th8 runnar up. and Ihe Sodal Economy Awards In November 2024. recognlslng an organlsallons overa]I contrlbutbn to the S¢xlal Eo)nomy where the Asso*tfon had been norntroled in both the irujividual (Sue Evans) and the organlsatlon Although Ihe charity didn't win in these cat8wrM li was a privllege to be shortlisted from organlsatlons from across Ihe West Midlands and to raise the wofil6 of ManoT Fann and Wa15aU Voluntary and Community S8rvtc*. New Fun(llng and Inftlatl The year saw the successful acquisitian of new fundlry for several innovative projects. W8 ware awarded £20.000 from Ihe Wast Midlaftds Combined Authority (WMCA) to CA)nduct a Yest and Leam. projec( which ran until March 2025. Thls initiative was designed to empower Walsall resldents Mth dsabllitles by provrding them wllh a pletfomi to voke their needs and conc8ms. Thi8 work has thè pctsntlal to contlnue beyond its initial end date. Addltionally. in cruaal partnership thou) the Blox¥*ith Communlty Parlnership. se￿red a signrtlc8nt £139.569 for the °N ital t)Ivlde' prolecl. which I￿11 wn unlll Juty 2027. We secured a new pllot initiatlve. Vlorkwell., funded by BlaL* County Healthcare wlth a grdnl of £65,057 unlll March 2026. This vltal program provides dedlcaled W(￿k and Health Coaches to support Indlvklu81s Imry health cond1t1￿$ or dlsabilrt￿s, helping them lo find, remaln In, or retum to wor ¢>Jr strong perfomiance and proven trai* record led to the grdntlng of an additlonal year of funding for Ihree of our I￿￿stand￿g proiec18-the East L¢xality, Making Connectlons, and the Thrfve Wellbelng Bu£￿thout the need for a re-t•nder process. The Wlder Detemilnants of Health woiect has also contlnued to Pgrfomi exceptlonally wem, nslstenlty mgeung Its exp8cted outcomes. We contlnued our crudal work in provldlng dlrecl finan(xal &8SiStan(¥ to residents in need through tho Houslng Support Fund. recdvlng a further £10,000 lor distrilNJllon. By the end of February 2025. approxlmat•ly £S,OCKI of the fund had been dlstrlbutad. ￿ the remainirw fijnds e8mMrked fry ￿ntinu6d support. 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 cr 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¢)Mmunfi￿￿d 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 D8t8m￿n8nts of H￿Ilh, projec* £24.322 from Natlonal Lottery Communlty Fund for our dellvery as part of the 'Blad( c￿nty Fubjres, empknyabilty projed £22.lJ)O from Walsall Coundl for'Houslng Support Fuftd, dl$trfbufj¢n. £20,000 from West MidlarKls Comblned AuthoTIty for Test and Leam. prlect. £18,214 from West Mldl*s Comblned Authorlty for'Digital Divide. projecl £11,000 from WalsaS1 Cwicil Communty Deveknpment Fund to aS￿$t wlth volunteer recrultment. £8,480 from Wal8alt Coundl for Hollday and Food Acuvl £7280 from 810x￿dI Comunty Partnership for aur delivery on the youth 'Posfttve Outcomes Projerf (POP) £6.000 rec*iv8d 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 Fu￿res, project; P8rt of our rol& &8 localty lead, of *thich £3,130 w8s retalned for Olf dallvery on th• proi8cL £3,000 from Walsall C￿n￿l for our role as a 'Famlly Hub. Centre £2,680 from a varfety of Sour￿8 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 expendI￿re. Reserves ensure the tharityvs financlal Stablllty, as a buffer agalnst unforeseen Income shc￿lfaIlS or unexpethl expenditures to manage rfsks effectively. The tsrget reserves méat8 three key obJedtVe8: SeThrfca Conlinutyloperatlond re6111enw To maintaln essendal aervlce dellvery durlng p￿10d9 of finandal Sustslnablllty: To PrO￿de a perlod for the app￿￿¢￿Va8Curfro of altemakn fundsfin(Thw 8tream8 to ensure the ¢x)ntlnuetlon ol the charity. Orderly W1n¢￿)QW￿t4ff se￿rIty 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 fij￿re Ind￿lIng. Contlnued Improv•ments to the fadNfje8 and knfr8stru￿re of our pr￿188$ Exploratlon and deVd￿ment Of$e￿ for youw people Idandfy and s•cure new are88 of wk and a880Lialed fimrfing S8￿re cxjnlln￿I 'lnv88tors In VO￿ntee￿, 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 e1￿￿111ty 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 erryi￿111ty 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 re￿eW 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 EX￿lIve of the tharfty provldes them vAth a copy of Ihe C￿nSItu1k>n and standtng cth and wlth cwles of past rninuie8 of meatlngs, annual rel￿8. 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(K￿ts to have a growing number of volunteers ably 8UPPOrt and 8S818t wlth the development end dellv•ry of seNlces ac11￿1188. 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 Acc￿￿1n9 Standards {Unlled Generalty Ac•d A¢o)untlng The18w appllcable lo ch8rttse8 In Engl•nd and Wales requlres the tru8taes to prepar8 financlal $￿t￿ents for each financial year glve 8 true and falr vl8w of Ihe state of affalrs of Ihe charfty and ol the In¢•ynlng resowces and 8ppll¢alton of resources of tha tharlty for Ihat Y￿r. In preparkng these finanGial 8taternen￿ the In18tees are raqlknd to: . 801eci sultabb a¢¢ounthu polkiés then them conslslenty, - observe tha mèthods arKI prlrKaples Sn the Charlti88 SORP; - make ludgaments and 88Umates that are rnasonable and prud•nl', - stat• whether appli￿10 ac&)unllng 8tsndards have been follo￿*d. 8ubJeGI lo any materfal depa￿reS disclo￿d and •xplalned In Iho finandal stsiements; and . prepare thg stalements on tho gotro c%incam ba818 ￿le￿9 It Is Inapwoprlate to presume that th• dwlty 111 conllnua In yatton. Th8 are respondble for kaaplng 3ufflcl6nt a¢xountlng recnable 88surnnca about vthetherthe Ilnandal statwnents as a wh¢la arn frae from materlal mtsstatement, whether due to fraud or wror, arKI to 188ue an auditorf8 report that Indudes our opinion. Reas¢naNe a￿UranC￿lS 8 hlgh level of assuranrA but18 not a guarantso that an audli conducted In accordance IS*A (UK) wlll always detect a matsrlal mlsstat•ff*nt th It axlsts. Mlsslatern￿ts can arf8e from fraud or error and are consldered matsrlal rf, indivlduolly or In Ihe aggregate. Ihey cur procedures are capable of deteollng Irregularfdes, Indudlng fraud, Is datalled below. A fvrth8r descrfptlon of our re8pon81bllltEe8 18 8vailabla on tho Flnandal R•porting Councll'8 w8bslt8 at hUP8:11 w¥w.fr&org.uklaudltor8re8ponslbllllle$. Thls d￿c￿ptiOn fI)M￿ part of our audltofs rewrt. Your attenUon Is drawn to the fact that the ¢harlty has prepared finandal Statements In accordenca wlth 'Accounllng arKI Rwrting by Charltles: Statement of Remrnrnonded Pracllca appllcable to charttles preparfng their ac¢xunts In accwdance vhth thé FlnancFal Reporting Standard appfjcable In the UK and ReWbI￿ of Ireland (FRS 102). (as amended) In preferen¢¢ to th¢ A¢o)untlng and Reportlng by Charflles: St8tem8nt of Recommended Practice issued on 1 Aprfl 2005 which 18 referred to In the exlant regulalons but has now béan wtthdravm. TNS has been done In order for the fflnandal 3tal•ménts to PrO￿de a true and fair vjaw In accordanc8 wlth current GeneraltyAccepied A¢counUng Pra¢tlca. Oth•r matter8 whlch w• ar• requlrnd to addro8• TNS Is a firnt year audlt engagement and a8 suth, the ¢¢Jnp2rnllve Ilgw are unaudlled. and provlde no assuranc• over them. Sufflclent openlng balance Work has been performed t) enable an unquallfied opinlon over the current yaar11gur&8. Il80 of gur report This report Is m8de Solely to charity's trustees, as a body. In accordance wlth Part 4 Of the chart￿•$ (Acc￿nts rAI Reports) Regulatlon8 2008. Our audlt work has been undertaken 80 that wa might state to the charftys trustees those matters we are requir￿ to stat• to tham In an audltor's report and for rK) other purpose. To the fullest extent perrnI￿ by law, ￿ do not o¢cept or a￿ume ra4)onsbilty to anyon6 other than Ihe d)arfty and the ¢harlty8 trustees as a body, lor our audlt work, for trds r8POrt, orfor the oplnlons ￿ have frnd. 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 pUb￿C benefft enbty as defined by FRS102. 1.1 ACCOUn￿n9 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 Rep￿ling 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 (l￿Ounts 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 $18temants are prepared In sterlkng. vknfch Is the functional Gurrency of th• c￿rity. Monetary amounts In th888 flnand81 statements are rounded to Ihe nearest £. The ffinandal statements have been prepared under the hlstorical ¢>xt convontion. The prlnclpal accounllThJ polldes adopted are set out below. 12 Golng concern At the tlme of approvlng the fin8ncl818latsments, th8 trustees have a reasonable expectstlon Ihal the charlty has adequate r&8ources to c£Jntlnue in oper8tit>nal exlstance for the foreseeabl& future. Thus the Irusleés contlnue to adopt the golng ￿nCern ba$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 dOrk￿lOnS 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 c￿ndItIOnS 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 d￿rity. In￿ffle Is rec*ived 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 Ex￿dIlure Is recogn188d on¢x them 18 8 lsygal or ConStr￿lIVe 0b1lgatl￿ to transfer aconomlc benefit lo a thlrd paty. It Is probable that a tran￿r of econorntc baneffts wlll be requlred In 8etUement, and th¢ amunt of the obllgation can be mea$w￿ rthb Expendi￿0 1$ 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(￿ attrlbUtat￿e to a ar• allocated dlrecty lo that aGb¥lty. Shared ¢08ts *thlch contrlbute to fflore one a¢￿VIty and swrt cost8 ￿ch are not all￿ble 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 ewed8￿On 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 fjr￿rred 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. Suppc*t 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 ￿pP￿t of expendi￿re on the rtijects of the charity and Indude proJe(I manag•ment caThled oibl at h8adw*hr& Where support costs cannol be dtsecty atlrfbuted to partlGular headlngs thty have been all￿￿ted to cost of ralslng (￿d8 and expend1￿re on therftable actlvftle8 on a basls comlstent th uge of the re￿ur￿. ol￿r expendllure represents ftems falllro Into Ihe ¢8tegorlÈs of cos18 of ralslng funds or •xpendllure on dwrStsbJe actlvltles. 1rrec0vth￿1e 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 borr￿*ingS In ￿rrent Ilabllltles. 1.7 Flnanclal Instrum￿1￿ 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 alr￿nts pro8ent•d In thé finand81 slatements, when thera Is a legally •nfore8abl• dght to sét off the recognlsed an￿￿ntS 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 obl￿alon3 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 trar￿aCtIOn price and 8ub8equendy measured at amortised cost using the effective interest method. Der8eognltlon of Ilnanc14111abllltlos Financial liabilrlies are derecognl88d when the charfirfs (X￿traCtUal 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 dern￿ly coThvnitt¢d to temiin8le the employment of an employea or to wovth twmlnatlon benellts. 1.9 R￿lre￿Ont ben•fll• Payments to definad contrfbullon retlramènt benefft sd)eme8 are c*8rged 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 a￿aUnting 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 Ur￿ng 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 rev￿knn 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 kn￿edge and profa88knn81 ludgement. Accruals The tharity r8cogn1888 acw•l8 a8 part of hs fir￿￿1 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 ¢8￿m8￿8 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 ac￿UnIng estlmales arKI ludgments. These •8tim8t88 are ba8ed on hlslorlc81 exper1￿, current dr￿n8￿nCes, and reasonabl• expgGtsfjons of firture event8. Key oreas vthore a8t5mat88 are 8pplled Include: A 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,$35) 2,432,494 484,250 (389,535) 2,507209 MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONllNUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Unrestrkted funds (C¢nthued) Prevlous y•ar At 1 Aprfl Inmmlng Resources Al 31 March 2023 resources expended 2024 Deslgnated Gener81 funds 800.000 1.693.246 600.000 (359.56n 1.831494 498.815 2.293.246 498.815 (359M7) 2,432.494 The designated fund of £8￿.000 represents the eslimaled CA>St to the (*￿Ity of ellher r8k)catlng to altwnati premlses or expondllure on ts exlstlng premlses Iffom)al ienancy rlgms are granied. 21 Analy818 of net ouets tsatwe￿ fund¥ Total funds 2025 2025 2025 At 31 March 2025: Cu￿ent assetslOlabllhle8) Long temi liabilities 2,573,209 (66.000) 33.367 2.606,576 {66.000) 2.507,209 2.540.576 UNAUDrrED nds Al 31 March 2024: Current &%8etslOlabilitie8) L(￿g Ilabllrtles 2,498.494 {66.0(N)) 2,501.494 {66.000) 2,432.494 3,(NXI 2,435,494 22 Related party transacllons There were no dlsclosable related party transadlons durfng the year {2024 - nonel MANOR FARM COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 23 Cash gan6rat•d froml{absorbad by) operatlon8 2025 UNAUDITED 2024 Surplus for the year 105,082 21,073 AdJustrn•nts for: Invesknent Income recognlsed In statement of financial aclivitles (88.730) (74.749) Movenwlts In worklng capttal: (Increase) In debtors Inc*easel(de(x8ase) In uedltor8 Increasel(decr8&88) In deferred income (2,0041 8,995 125,265 (4.493) (23,145) (28,000) Cash gonoraled froml{ab8orbed by) op•rnllons 148.608 (109,314) 24 AnalyslB of ¢hange$ 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