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2024-03-31-accounts

SHENLEY LANE COMMUNITY ASSOCIATION

& SPORTS CENTRE

ANNUAL REPORT FOR THE YEAR ENDING 31st MARCH 2024

THE ASSOCIATION

The Association is a Registered Charity, Number 518218, it operates under a Constitution instituted on 11th June 1984 and subsequently amended in 1986 and 1994. It is managed by a Committee of Trustees which was constituted as follows;-

D.Gubbins Chairman EX FIN C Woo Vice-Chairman M..Lancaster Secretary EX FIN T Heath Treasurer A Jones Nominated by the Membership S Gray Nominated by the Membership N Fishwick Association Manager

EX Member of Executive Committee FIN Member of Finance Sub Committee

Its Association address is; 472 Shenley Lane, Selly Oak, Birmingham, B29 4HZ

The Association is comprised of a general membership and has the following Affiliated Groups;

Northfield Town Football Club, comprising four adult teams, First-Team, Development Side, the over 35’s team and the over 50s team. Northfield town Juniors, all ages up to under 18’s.

Shenley Fields CC First and Second XL and Juniors.

MDA dance group and Zumba group.

.

Six members of the Committee of Trustees are elected by the general membership in General Meeting. One member is appointed to represent the affiliated group and the Association Manager is invited to become a trustee ex officio.

The general business of the Association is conducted At monthly meetings of the Committee. The Association also has an Executive Committee with delegated powers to deal with day to day matters and a Finance Committee which meets regularly to monitor financial matters. The Executive Committee and Finance Committee report to the monthly meetings of the Committee of Trustees.

The Trustees are all aware of their responsibilities as trustees of a Charity and receive regular updates on the requirements of Charities legislation.

1

The Trustees are aware of the long term need to generate funds for the long term maintenance of the facilities. There are currently no specific projects for which funds have been earmarked in specific reserve funds. The policy of the Committee of Trustees is to build up unrestricted reserves until such time as specific projects make the creation of earmarked reserves advisable.

The Association has a 99 year lease from Bournville Village Trust, for Legal purposes the Lease is held in the names of a HOLDING TRUSTEES who are;Mark Douglas, Andrew Gubbins and Vicky Jarrett

The Lease contains the following conditions;

Under the Lease the Association affords an Operational Licence to SHENLEY SOCIETY (2006) Ltd, Registered under the Companies Act 1985, Number 5725757 for the operation of the Licensed Facilities. The Society is registered for VAT, number 614 3451 67

The Solicitor for the Association and the Society is;-

Their Bankers are ;-

M R Timms and Co HSBC Solicitors Northfield Branch 12 Abbey Road 770/772 Bristol Road South Gornal Wood Northfield Dudley Birmingham West Midlands DY3 2PQ B31

OBJECTIVES OF THE ASSOCIATION

The objectives of the Association, as set out in the Constitution are as follows;-

To promote the benefit of the inhabitants of the estates of Shenley Manor and Shenley Court and the neighbourhood, without distinction of sex, sexual orientation, race of political, religious or

2

other opinions, by associating together the inhabitants the Local Authorities, voluntary organisations and the inhabitants in a common effort to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the inhabitants. To establish a Community Centre and maintain and manage it in collaboration with the Local Authority and others in furtherance of these objects.

REVIEW OF THE ACTIVITIES AND DEVELOPMENT OF THE ASSOCIATION

Natalie and Craig have continued to work enthusiastically to develop the Association introducing new initiatives and to ensure that the financial stability is maintained and at the same time exploring areas that will help improve the finances generally.

As always the Association takes pride in being an asset to the local community. Groups continue to use the Association facilities for meetings and workshops. Occasions such as weddings, family celebrations and a community venue for funerals continue

Events that have been organised so far this year started with the Christmas quiz, a successful New Year’s Eve party. A UB40 tribute evening and a Gold cup day in March. There was Northfield football club fun day in May and a Stand Out drama group fun day in August. Upcoming events that have been organised or an 80s night in September and a Peter Kay tribute act in November. An organised firework night has been planned for November as well. The monthly quiz is also going to continue.

The sporting activities of the Association continue as enthusiastically as ever and our thanks must go out to those who volunteer their time to help run the many teams that use the Association facilities. You will of course have noticed that we have a number of league darts teams and have now formed a team to play in the pool league. The hope is to utilise the premises to the full to help maintain a sound financial base.

The Association premises continue to be improved. The floor in the hall has been cleaned and stained and new blinds replaced the old damaged ones. No doubt members have noticed the UPVC cladding on the exterior of the building. Maintenance is ongoing. New plant has helped keep the pitches in pristine condition. Plans are in place to renovate the stands around the main pitch. Plans are also in place to refurbish all the toilets.

It is with great sadness that during the past year we regret the passing of Peter Cole, Brian Field, Yvonne Fiddler and Margaret Hardiman.

finally, as always, special thanks to Natalie and Craig and all the Society staff for the continued hard work and friendly and courteous manner in which they conduct themselves. And as usual special thanks are also expressed to all those who contribute to the smooth running of the Association many of them unnamed volunteers without whom the Association would cease to exist.

3

Accounts Examiner

Goodwins 6 Parkside Greenhough Road Lichfield Staffordshire WS13 7AU

4

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Shenley Society (2006) Limited

Shenley Society (2006) Limited

Income Statement for the Year Ended 31 March 2024

TURNOVER
Other income
Cost of raw materials and consumables
Staff costs
Depreciation and other amounts written off assets
Other charges
Taxation
SURPLUS
31.3.24
£
361,539
8,407
(158,425)
(87,712)
(3,704)
(28,521)
-
91,584
31.3.23
£
297,441
7,181
(136,503)
(77,050)
(3,878)
(29,369)
-
57,822

Page 1

Shenley Society (2006) Limited (Registered number: 05725757)

Balance Sheet 31 March 2024

FIXED ASSETS
CURRENT ASSETS
CREDITORS
Amounts falling due within one year
NET CURRENT LIABILITIES
TOTAL ASSETS LESS CURRENT
LIABILITIES
RESERVES
31.3.24
£
39,419
(58,826)
£
71,173
(19,407)
51,766
51,766
31.3.23
£
14,739
(36,548)
£
60,848
(21,809)
39,039
39,039

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Shenley Society (2006) Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05725757

Registered office: 472 Shenley Lane
Selly Oak
Birmingham
B29 4HZ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 11 (2023 - 10).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

continued...

Page 2

Shenley Society (2006) Limited (Registered number: 05725757)

Balance Sheet - continued 31 March 2024

The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:

D Gubbins - Director

Page 3

Shenley Society (2006) Limited

Report of the Accountants to the Directors of Shenley Society (2006) Limited

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to three and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU

31 July 2024

This page does not form part of the statutory financial statements

Page 4

Shenley Society (2006) Limited

Detailed Income and Expenditure Account for the Year Ended 31 March 2024

Turnover
Bar takings
Cost of sales
Opening stock
Purchases
Wages
Closing stock
GROSS SURPLUS
Other income
Sundry receipts
Expenditure
Rates and water
Maintenance and refurbishment
Television
Cleaning and refuse
Telephone
Post and stationery
Motor expenses
Repairs and renewals
Computer costs
Sundry expenses
Accountancy
Legal fees
Depreciation of tangible fixed assets
Finance costs
Bank charges
NET SURPLUS
31.3.24
£
1,955
158,460
87,712
248,127
(1,990)
1,263
3,080
7,178
2,638
2,757
94
797
4,004
2,117
100
2,250
1,492
3,704
£
361,539
246,137
115,402
8,407
123,809
31,474
92,335
751
91,584
31.3.23
£
2,105
136,353
77,050
215,508
(1,955)
189
3,490
6,581
1,258
2,745
80
399
6,611
3,124
463
2,250
1,510
3,878
£
297,441
213,553
83,888
7,181
91,069
32,578
58,491
669
57,822

This page does not form part of the statutory financial statements

Page 5

Shenley Society (2006) Limited

Detailed Balance Sheet for the Year Ended 31 March 2024

31.3.24 31.3.23
£ £
FIXED ASSETS
Fixtures and fittings 71,173 60,848
CURRENT ASSETS
Stocks 1,990 1,955
Bank deposit account 31,672 11,319
Cash in hand 5,757 1,465
39,419 14,739
CREDITORS
Amounts falling due within one year
VAT (8,592) (8,083)
Trade creditors (3,127) (5,386)
Other creditors (34,857) (10,829)
Accruals and deferred income (2,250) (2,250)
Directors' current accounts (10,000) (10,000)
(58,826) (36,548)
NET CURRENT LIABILITIES (19,407) (21,809)
TOTAL ASSETS LESS CURRENT
LIABILITIES 51,766 39,039
NET ASSETS 51,766 39,039
RESERVES
Other reserves 6,398 6,398
Income and expenditure account 45,368 32,641
51,766 39,039

This page does not form part of the statutory financial statements

Page 6

Shenley Society (2006) Limited

Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Income Statement 1
Balance Sheet 2
Report of the Accountants 4
Detailed Income and Expenditure Account 5
Detailed Balance Sheet 6

REGISTERED CHARITY NUMBER: 518218

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Shenley Lane Community Association

& Sports Centre

Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU

Shenley Lane Community Association & Sports Centre

Report of the Trustees for the Year Ended 31 March 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 518218

Principal address

472, Shenley Lane Selly Oak Birmingham West Midlands B29 4HZ

Trustees

D Gubbins ME Lancaster J Patrick C Woo V Jarrett J Daniels G Whigham

Independent Examiner

Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU

Approved by order of the board of trustees on 31 July 2024 and signed on its behalf by:

D Gubbins - Trustee

Page 1

Independent Examiner's Report to the Trustees of Shenley Lane Community Association & Sports Centre

Independent examiner's report to the trustees of Shenley Lane Community Association & Sports Centre

I report to the charity trustees on my examination of the accounts of Shenley Lane Community Association & Sports Centre (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Leigh Goodwin

Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU

31 July 2024

Page 2

Shenley Lane Community Association & Sports Centre

Statement of Financial Activities

for the Year Ended 31 March 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
103,470
Investment income
2
445
Total
103,915
EXPENDITURE ON
Raising funds
3
-
Other
42,078
Total
42,078
NET INCOME
61,837
RECONCILIATION OF FUNDS
Total funds brought forward
72,016
TOTAL FUNDS CARRIED FORWARD
133,853
Restricted
funds
£
-
-
-
-
-
-
-
213,365
213,365
31.3.24
Total
funds
£
103,470
445
103,915
-
42,078
42,078
61,837
285,381
347,218
31.3.23
Total
funds
£
45,397
-
45,397
36,285
-
36,285
9,112
276,269
285,381

The notes form part of these financial statements

Page 3

Shenley Lane Community Association & Sports Centre

Balance Sheet

31 March 2024

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
6
1,175
CURRENT ASSETS
Debtors
7
45,304
Cash at bank
87,374
132,678
NET CURRENT ASSETS
132,678
TOTAL ASSETS LESS CURRENT
LIABILITIES
133,853
NET ASSETS
133,853
FUNDS
8
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
213,365
-
-
-
-
213,365
213,365
31.3.24
Total
funds
£
214,540
45,304
87,374
132,678
132,678
347,218
347,218
133,853
213,365
347,218
31.3.23
Total
funds
£
214,540
10,829
60,012
70,841
70,841
285,381
285,381
72,016
213,365
285,381

The financial statements were approved by the Board of Trustees and authorised for issue on 31 July 2024 and were signed on its behalf by:

D Gubbins - Trustee

The notes form part of these financial statements

Page 4

Shenley Lane Community Association & Sports Centre

Notes to the Financial Statements for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - No depreciation Plant and machinery - No depreciation

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

31.3.24 31.3.23
£ £
Deposit account interest 445 -

continued...

Page 5

Shenley Lane Community Association & Sports Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

3. RAISING FUNDS

Raising donations and legacies

31.3.24 31.3.23
£ £
Support costs - 36,285

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

6.

INCOME AND ENDOWMENTS FROM
Donations and legacies
EXPENDITURE ON
Raising funds
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
TANGIBLE FIXED ASSETS
COST
At 1 April 2023 and 31 March 2024
DEPRECIATION
At 1 April 2023 and 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
Unrestricted
fund
£
45,397
36,285
9,112
62,904
72,016
Freehold
property
£
598,160
388,339
209,821
209,821
Restricted
funds
£
-
-
-
213,365
213,365
Plant and
machinery
£
50,078
45,359
4,719
4,719
Total
funds
£
45,397
36,285
9,112
276,269
285,381
Totals
£
648,238
433,698
214,540
214,540

continued...

Page 6

Shenley Lane Community Association & Sports Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Shenley Society (2006) Limited
Prepayments
8.
MOVEMENT IN FUNDS
At 1.4.23
£
Unrestricted funds
General fund
72,016
Restricted funds
Capital
213,365
TOTAL FUNDS
285,381
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
103,915
TOTAL FUNDS
103,915
Comparatives for movement in funds
At 1.4.22
£
Unrestricted funds
General fund
62,904
Restricted funds
Capital
213,365
TOTAL FUNDS
276,269
31.3.24
31.3.23
£
£
34,857
-
10,447
10,829
45,304
10,829
Net
movement
At
in funds
31.3.24
£
£
61,837
133,853
-
213,365
61,837
347,218
Resources
Movement
expended
in funds
£
£
(42,078)
61,837
(42,078)
61,837
Net
movement
At
in funds
31.3.23
£
£
9,112
72,016
-
213,365
9,112
285,381

continued...

Page 7

Shenley Lane Community Association & Sports Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

8. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 45,397 (36,285) 9,112
TOTAL FUNDS 45,397 (36,285) 9,112

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Capital
TOTAL FUNDS
At 1.4.22
£
62,904
213,365
276,269
Net
movement
in funds
£
70,949
-
70,949
At
31.3.24
£
133,853
213,365
347,218

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
149,312
149,312
Resources
Movement
expended
in funds
£
£
(78,363)
70,949
(78,363)
70,949

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 8

Shenley Lane Community Association & Sports Centre

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24 31.3.23
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Subscriptions - 25
Shenley Society Limited 78,857 38,897
Other rents 8,400 6,075
Other income 1,213 400
Income from grants 15,000 -
Investment income 103,470 45,397
Deposit account interest 445 -
Total incoming resources 103,915 45,397
EXPENDITURE
Support costs
Management
Rates and water 2,822 870
Light and heat 18,279 13,238
Sundries 286 300
Maintenance 15,460 15,794
Licences and insurance 5,171 4,752
Expenditure on events - 1,271
Finance 42,018 36,225
Bank charges 60 60
Total resources expended 42,078 36,285
Net income 61,837 9,112

This page does not form part of the statutory financial statements

Page 9

Shenley Lane Community Association & Sports Centre

Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9