Charlty registration number 522760 (England and Wales)
PELSALL COMMUNITY ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

PELSALL COMMUNITY ASSOCIATION
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr K Ped18y
Mr S Laiigford
S Hill
Mrs S Langford
Mr T Breaze
Mrs E Roberts
Mrs M Roberts.
Mr A Roberts
Mrs M Harvey
Mrs W Smith
Mrs V Gwilliam
Mrs K Hinsley
(Appointed 25 February 20241
(Appointed 14 Sepieiiiber
S Orrill
(Appointed 7 July 20231
Charlty number IEngland and Wale5
522760
Independent examiner
Edwards
34 Hlgh Street
Aldridge
Walsall
Wesl Midlands
WS9 8L2

PELSALL COMMUNITY ASSOCIATION
CONTENTS
Page
Ti'lislees Report
Independenl p.xaminer's report
Slalement of financial aclivilies
Slalemenl of f1nancial position
Notes lo the financial slalemenls
8-16

PELSALL COMMUNITY ASSOCIATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
Tlie Irustee8 present Ilielr ariiiual ieporl ai)d fliiai)cial slateiiienls for Ihp, year elided 30 June 2024.
Tlie financial 8lalemenls have boen prepared in accordance with the accoiinlliig policies sel out In nola 1 to the
fiiiancial staleinenls 8nd coiiiply with the Ilie. Charity's governing dorumenl, the Cliarilies Act 2011, FRS 102 "The
Fiiiaiicial Rei)orliiig Standard applicable iii the UK and Republic of Ir81and" and the Cliarilies SORP 'ApLOLiiillno
and Repoitiiig by Charities.. Statement of Recomiiiended Practica applicable lo charities preparing their aG¢oiinls in
accoi'dance with lh8 Finaiicial Reporting Slai)dard applicable iii the UK and Republic of Ireland IFRS 1021"
Objectlvos and activities
Piiblic b6iiefit
The Iruslees liave paid dL18 regard lo guidance issued by the Charily Coinmission in deciding what aclivilieb Ihe
chai.ily should undertake.
Achlevements and performance
Significant aGlivities ai?d achievements 8gainsl objectives
To provide and Inainlaiii a conimunily building for the local communily for leisure and recreation purposes.
Financial review
ReseNes policy
11 is the policy of the Charlly that unreslrlcled lunds whlch have not bepn designated for a specific iise should be
maiiilained al a level Qquivaleiil lo between Ihree and six nionlh's expeiidilure. The Iruslees considpr11)al reserye5
al this lèvel wlll ensure Ihal, in the 8vent of a .%ignilicanl drop in fundlng, they will be able to eonliiiue the
Charlly's tturrent activities while consideration is given lo ways in which additional funds may be ralsed. Thls18vel of
reserves has been mainlainecl throughout the year.
structure. governance and martagement
The cliadty W8s registered with the Charity Commission on the 12th July 1967. 11 is govemed by a
conslltullon originally adopted on the 5th OGlober 1962 - and ani8nded over the years, with the current versloii
.2lahllshed on the 20lh Jan 2025
The menib8rs of the Iruslees who Served during thp. y8ai' and up lo thp. date of signature of the financial stalenienls
were.,
Mr K Pedley
Mr S Langford
Mrs S Hill
Mrs S Langford
Mr T Bre8ze
Mrs E Roberts
Mrs M Ruberls
MrA Roberts
Mrs M Harvey
Mrs W Smilli
Mr8 V Gwilllam
Mrs K Hinslpy
(Appointed 25 Febniary 20241
(Appointed 14 Septembei. 20231
S Orrill
(Appointed 7 July 20231
Trustees Annual Report and financial 51alemenls fur Ilie year ended 30 JLine 2025.
ObJeclivies and activltles
Tli8 Absociallon's olijecls are the provisSon of a safe space for the lob'al and wder conimuiiity In participale in soclal
and recrp.81iaMal drllvllies.

PELSALL COMMUNITY ASSOCIATION
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
We pride our%elves on baing a pla￿ where people of all ages in tho community can atleiid classes and events, or
even host their own cÈl8bralions. From karate lo art. dancing to knitting and singing lo ke,ep fil, we have Sornelhing
for everyone. Alongside this we regularly host live events and shows as well as community meet ups for all ggeg.
The foSlowing strategies enable the Assoclation to achieve Its objectlves, as follows..
Respoiiding to the needs of the local commuiilty by regu18rty advertlsing the provlsloii avallable.
Sarvice users are invited lo give feedback, suggest Improvements or propose new activitie%.
Incre8s&d s81f-sufficiency through an effeclive affordable charglng pollcy for salf-funded aclivilies.
Jeeking external funding opportuiiilies lo enhance the existing provislon. Regular liaison with Walsall Councll's
Conimuiiity Development Te8m ensures that funding OPPOrtunilles are identified and acted upon.
'Ihe Trustees pay due regard to quidance issued by the Charity Conimissioii in deciding whal activities the
Associalioii should undertake
Volunteers
The Associatlon lias a growing numb8r of volunteers who support community activilies run by the Assooialion.
VolLlllteers' roles have Included help with meet and greet, stewarding at shows. preparing and serving refreshm8nls,
delivering programme leaflets, gardening and providing support with repairs and reinoval of aged equipment.
Tlie Trustees are all volunteers drawn from the local Community ar)d the support received by all our. volunteers is
priLeless and we are sa very grateful for Ihelr involvement.
Achievements and Performance
In 1946 the Pels811 Community AssocialSon was fomed and the Pelsall Gonimunlty Centre was officially op6ned on
4th September 1965 by Sir Alfred Ow8n, CBE. The original grounds for the centre were part of the Oaklands House
Eslale on Slalion Road, previously owned by the Binns Family as well as ThDmas Starkey. In 1974 the building
was extended when the Oaklands Lounge & Bdr wer8 added.
The Associallon continues to deve.lap a choice. of well allended classp.s for adul18 and children, th8l c8ler for local
people seeking recreational Seisure opportunities and learning. Activilles focusing on health and wall-being and
rp.duclng isol8llon are really important and our involvement with th8 Friendship Café is one of the ways this 18
addressed

PELSALL COMMUNITY ASSOCIATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Prlnclpal Funding SourGe5
The Assoclalion is now In a n7iich stronger poslllon lo niove fnTward wllh ils provision for the local cominiinSly aiid
saw an Sncr&8se in weekly lellings for It8 Gore gro(Ip6 (including classes lor b8bies and their 17)uiiis, keep fil aiid
daiice classes lo iiieiilioi) bul a few), grants and funding by Walsall Council, Box Office recelpis for th6 f2buloiis Ilve
sliows, Ihe Inspire. FoLiiid81ioii foi. ils provision of childcare for parènts during the schc>ol holldays, craft fayres wliioh
have proved a (Jreal success and are well all8nd8d by both st811 liolders and coniiiiunily members.
The Assooialion continues lo work closely with other organisalions provlding exteriial funding SLFpporl and actively
ainis lo seek iiew partiiershlps in line with the needs of Ihp. local community.
Whilst furiding coiillnues lo be a coiicem, the TrLislees are conimllted lo providiiig aclivilies and services al 8
re&sonable cost lo cusloiners aiid realise new strategies musl be adopted lo address any shortfall in the, budget.
The Association continues lo undertake a planned niainlenance prograinme lo lacllitale the annual repalrs and
decoration needad lo keep Ihe centre fresh and well presented. The year hAS seei) the Association ins1211 a new
lerlrig kilGheii and air coiidilioniiig which have PLtI the Genlre In a good place for the f(Iliire. Our speiidlng an
rapairs and other maintenance this y8ar conllnu8s lo impact on our fLJnds but the Tnjslees have worked liard on the
Implementation of new procedures and closely watched the forecast budgets lo ensur8 that all fLIILJre r8spDnslbi11118S
of the C8nlre Gan be met.
The Trustees look forw8rd lo the next twelve months and where the future will lake LIS.
The Irusl8es' report was approved by the Trustees.
Mr K Pedley
Trustee
7 April 2025

PELSALL COMMUNITY ASSOCIATION
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 30 JUNE 2024
The IrusleBS are I'esponslble for preparfng the Trut*tees' Report and Lhe financial slal8inenls in dccurdanLe witli
applicable law arid United Kingdoin Accounting Standards (United Kingdoin Generally ALcep18d Accounting
Praclic'61.
The law appSlcab18 to charities In England and Wales requires the Iruste&s to prepare f1lldncidl slaleinents for each
financial year wliiah give a Irue and fair view of the slate of affalrs of Ihe Ihe Cliarity and of lh8 inconiing re8oui'ce5
and application of resoLlI'ces of the the Charity for Ihal year.
In preparlng Ihese financial statement6, Ihe trustees are required lo..
select suitable accounllng policies and then apply them consislenlly.,
observe Ihe melhods arid principles ir) the Charilies SORP.,
Imake judgements and estimates Ihal are reasonable and prudenl.
slate whether applicable accounting standards have been followed, subject to any m81erial departiires disclosed
and explained in the linaiicial 51alemenls; and
prepare the financial statements on the going concern basis unless It Is Inappropriate lo presijime that the charity
will conlinue in operation.
Tlie trustees are responsible for keeping sufficient acLounling records that disclose willi reasonable accuracy al any
lime tlie financial position of the the Charity and enable il to ensure thal the financial slalemenls comply with the
Gharities Act 2011, the Charity IA¢count5 and Reports) Regulations 2008 and th8 provisions of the Irusl deed. 11 Is
also responsible for safeguarding the assets of the Ihe Charity and henGe for taking reasonable steps for the
prevention and deleclion of fraud and other irregularities.

PELSALL COMMUNITY ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PELSALL COMMUNITY ASSOCIATION
I repori lo the Iruslees on my examination of the finannial slatem8nls of Pelsall Coniin(Inity Association {Ilie Charilyl
for the year ended 30 June 2024.
Respoiislbilities and basis af report
As the Iruslees of the Charity you are responsible for the preparation of Ihg financial statements in accordanco
wllh Ilie rtsquireiiienls of the Charities AGI 2011.
report iii respettl of my exaininalion of the Chatity's linanclal slalemenls LarrlAd oiil linder ser.Il01i 145 nf the
Charities Act 2011. In carrying oul niy exaiTTinalion I have followed the Direrllons glven by the Charity Commission
under section 145(5llbl of Ihe Charilios Act 2011.
Independent examiner's statement
Your allenlioii is drawn lo the facl that the Charity has prepared the financial slal8ments in 8ccL)rdance with the
relevant version of the Slalemenl of Recommended Practice applicable lo charities preparing their financial
slalemenls in accordance with the Fiiiancial Reporting Sl8ndard applicable in Ihe UK and Republic of Ireland (FRS
1021 in preference lo the Accounling and Reporting by Ch8ri1ies'. Slalemenl of Recommended Practice issued on 1
April 2005 which is referred lo in the exlanl regulations bul has now been withdrawn. l understand that Ihls has
been dome in order fo[ the financial slalemenls lo provide a Irue and fair view in accordance with UK Generally
AcGepled Accounting Practice.
I have completed my examination. I confirm Ihal no mallers h8ve come lo my attention in connection Kith the
exaniinalion giving me cause lo believe that iii any material respect..
accounting records were nol kept in respect of the Clidrily as ￿q1J1red by section 130 of the Cl)Arllies Acl
2011.
the linanclal slalenienls do not accord with those records., or
Ilie financial slalenienls do not comply with Ilie applicable requ5remenls concerniiig the form and conlenl of
rinanLial slalemenls sel out in the Charities (Accounts and Report5) Regulations 2008 ulher Ihan any
rtsqulrf)menl Ihal the financial slalemenls give a Irue and fair vlew, whlch is nol a maller considered as part of
an independent examination.
I have no Gonc8rns and have corne across no other mallers in connection wilh the ex81ninaliun lo wliiLh allenlion
should be drawn in this report in order lo enable a proper understanding of the financial blaleiT)enl8 lo be reached.
Edwards
34 High 8lreel
Aldridge
Walsall
Wesl Midlan(Is
WS9 8LZ
7 April 2025

PELSALL COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Uiirestrlcted RestriGted
funds
funds
2023
2023
Total
2023
2024
Notes
Income frorn..
Donations and legacles
Olhei. Irading act5vities
Inveslmeiils
35,612
109.953
1.065
50,092
85,704
109,953
1.065
33,048
90,171
55
33,048
90,171
55
123,274
Total Income
146,630
50,092
196,722
123,274
Expenditure on:
R8isinq funds
Charitable activities
7,475
132,042
13,683
138,085
13,683
167,689
7,475
132,042
29,604
139,517
Total expendlture
151.768
29,604
181,372
139,517
{16,243)
Net incomellexpenditure)
{5.138)
20.488
15,350
{16.2431
Transfers between
funds
{486)
87
{871
486
Net movement In
funds
116,2431
(4,652)
20.002
15,350
(16,156)
187)
Reconciliation of funds..
Fund balanc85 at 1 July 2023
114,281
70,098
60,426
130,524
53.942
60,33g
Fund balances at 30 June
2024
53,942
114.281
49,290
80,341
129,631
The sl8lemenl of Ilnan¢ial acllvilies indudes all gains and loss8s recogiiised in Ilie year. All Income and expendiliire
d@rlve from coiitlnuing activitie5.

PELSALL COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL POSITION
ASAT30 JUNE 2024
2024
2023
Fixed assets
Pror)erty, plaiit and eqtiipnieiil
Notes
12
50,265
50,339
Current assets
Iiivenlories
Cash al bank and In liand
13
40
73,199
87,476
Current liabilitles
87.476
{8,110)
14
73,239
(9,297)
Nel current ass8ts
79,366
63,942
Total assets less current liabilitles
129,631
114,281
The funds of the Ihe Charity_
Reslricled iiiLome fuiids
Unreslricled funds
15
16
80.341
49,290
53,942
129,637
114,281
Thè ffnanrlal 81alemeiits were approved by the trustees on 7 April 2025
Mr K Podlgy
Trustee

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Accounting pollcies
Gliarity information
Pelsall Commiinity Association is a charity registered with Charily Conimission. The registered office is
the Community Centre, Station Road, Pelsall. Walsall, WS3 4BQ.
1.1 Accounting conventlon
The financial slalemenls have been prepared in accordance with Ilie Charity's goveming docuinenl, the
GharSlles Act 2011, FRS 102 'The Financial Reporting Standard applicable in Ilie UK and Reptjblic of Irelaiid"
and the Charities SORP "Accounling and Reporting by Charities.. Statement of Reconimended Pracllce
applicable lo charities prepallng their accounts in accordance Wlth Ihe Financial Reporting Standard
applicable in the UK and Republic ol Ireland (FRS 102). The the Chaflty is a Public Benefit Entity as deflned
by FRS 102.
The Charity has taken advanlage of the provisions in the SORP for charities nol to prepare a $18lemenl of
cash flows.
Tlie financial slalements have departed from the Charities {Accounts and Report5) Regulations 2008 only lo
Ihe extent required lo provide a true and fair view. This departure has involved following the Slalemeiil of
Recommended Praollce for charilies applying FRS 102 rather than Ihe ver8ioii of the Statement ol
Reoomm8nded Pracllce which is referred to in the Regulations bul which has since been withdrawn.
The financi81 slatenienls are prepared in slerling, which Is the functional currency of the the Ch3rily. Monetary
amnunls in these fii)aiicial slatemenls are rounded (o Ihe nearesl £.
The financial statements have been prepared under the historical cosl convenllon, Imodlfied lo include the
reva5ualion of fr8ehold properties and to include investmenl properties and certain financial instruments al fair
value]. The principal aGcouiiling policies adopted are sel oul below.
1,2 Going concern
At the lime of approving Ihe financlal statements, the trustees h8ve 2 reasonable expectation Ihal the
Charity has adequate resources to conliiiue in operational existence for the foresee8bla future. Thus the
trustees continue lo adopt the going GonGem basis of 8CLounling in preparing the financial slalements.
1.3 Charitable funds
Unrestricted funds are available for use al Ilie discretion of the Iwslees in furtherance of their charitable
objectives.
Restricted funds are subject to speGSfiG conditlons by donors or grantors as to how they may be used. The
purposes and uses of the restrlcted funds are set out in the notes lo the financial sla18ments.
Endowment funds are subjocl lo specific conditions by donors thal Ihe capital musl be niainlained by the
Charily.
1.4 Income
Iiicome is recognlsed when Ihe Charity is legally entitled lo il after any performance conditlons h8ve been
mel, Ihe aniounts can be measured rellably, and it is probable that inwnie will b8 received,
Cash donations are recognised on receipt. Other donations are recognised once the Charily has been
notified of Ihe donation, unless perfomiance conditions require deferral of the amount. Income lax recoverable
in relallon to donations received under Gift Aid or deeds of covenant is recognised al th8 time of the donation.
Legacies are recognised on receipt or otherwise if Ihe Charity has been nolified of an iiiipeiiding
dlslrlbulioii, Ihe aniount is known, and receipl is expected. If the. anio(Int is not known, the legacy 58 Ire81ed as
3 conlliigent asset.

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Accountlng policies
(Continuedl
1.5 Expenditure
Expenditure Is recogiiised once there Is a legal or conslrucliv8 obllgolion lo Iraiisfer econoniiG benefit lo a
Iliii'd party, it is probable 11?al a Iransfgr of economic benalils will be reqliirèd In seltl6m8nt, and the amount of
tha obligation cai) be nieasured roliably.
Expeiidilure is classified by aclivily. The co8is of each activity are iiiade up of the total of direct costs and
shared costs, Iiicludlng support costs Involved in undertaking each aclivlly. Oirecl costs allribulable lo a slngle
acllvily are allocated dlreGlly lo that aclivily. Shared Gosls whi¢li contribute lo Inore than one activity and
support costs whlch al'e not atlribulable lo a singla activity are apportioned between those aclivities 01) a basis
cansislenl with Ihe use of resourGes. Central staff costs Bre allocated on the basis of linie spent, and
dopreciallon tshdrges are allocated on the portlon of the asset's use.
1.6 Property, plant and Èquipment
Property, plant aiid equipmelll are initially measiired al cost and subsequently measured al cost or valuation,
i?el of depreclallon dnd any iinpalrmenl losses.
Depr8ciation is rerA)gnised so as lo write off Ihe (xjsl or valuation of assets less their resldual values over Ili&ir
Iiseftil liv8s on the Inllowing hases:
Freehold land 8nd buildings
Fixtures and fillings
Not Depreciated
15¢/& reducing balance basis
Th8 gain or loss arising 011 the disposal of an asset is determined as Ihe difference belweerj the sale proceecjs
and the carrying vallte of the asset, and Is recognised in the statement of financial aclivilies.
1.7 Impairment of non-current assets
Al each reporting end dale, the Charity reviews the carryiiig amounts of ils tangible assots to dalormine
whether there is any indication Ihal those assets have suffered an impairmeiit loss. If any such Indlcalioii
exlsls. the racoverable amount of the ass&1 is esllmated in order lo determine the exlenl of th(4 impalrmanl
loss (If any).
1,8 Invenlorles
Inventories are slated al the lower of cosl and eslimaled s&lling price less costs lo comp16te and sell. Cost
comprises dSrecl materials and, where appllcable, direct labour costs and those overheads that have been
incurred in bringlng the inventories lo their present location and condition. Items held for distribution 91 no or
noinin81 consideration are measured the lower of replaGement eL)51 and CA)sI.
Nel realisable valup. Is th& eslimaled selling prlcft 18ss all eslimaled costs of completion and costs lo bo
incuried In marketing. selllng and dislribulion.
1.9 Cash and cash equivalents
Cash and cash 8quivaleiils include cash in hand, deposits hgld al call with banks, olhei short-18rm liquid
investments wilh original maturities of three months or18ss. and bank overdrafts. Baiik overdrafts are shown
within borrowings in current Ilabililies.
Basic financial assets
Basic financ'ial assets, which include trade arid other rec'eivables and casli and bank balanc8s, are Inillally
measured al transaction price including transaction costs and are subsequently carrled al ainortlsed cost
using Ihe effective interest method unless the arrangement conslilules a financing Irans8cIIDn, wliere the
transaction Is measured al Ihe present value of the future receipts discounted al a Inarkel rale of intere51.
Fii?ancial assets classified as receivable within one year are iiol amortised.

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
{Continuedl
Accounting policies
Basic financlal liabilities
Baslc flnanGial liabllities, includ5ng Irade and other payables and bank loai)s are inltially recogiiisad at
transaction prlGe unless the arrangeTnenl coiislitules a financing transaction, where tlie debl Iiistrumeiil is
nieasui'ed al Ihe preseiit valuo of the future payments discounted al a niark81 rale of ii)lere51. Financial
liabillties classified as payable wilhin one year are not amortised.
Debt Inslrunienls al'e 8ubsequently carrled al aniortised cost, usliig thp. effective. Inlerest rate method.
Trade payables are obligations lo pay for 9ood5 or seNices that have been acqulred in tho ordinary rourse of
operations from suppliers. Aniounls payable are classified as currant liabillties If payment is due wiihin oiie.
ye2r or less. If not, they are presented as non-currenl liabililies. Trade p8y8bleg are recognlsed initially al
transactiori prlce and subsequently measured at amortised cost using the effective interest i)ielhod.
Derecognition of flnancial liabilities
Financial liabilitles 8re de-recognised when the Charity's Gonlraclual obligations expir8 or are discharged or
cance15ed.
1,10 Employee benefits
The cost of any unused lioliday enlitlemenl is recognised in Ihe period in wl)ich the employee's seiwices are
received.
Termination benefits are recognised immediately as an expense wh8n the Charity is demonstrably
coniinitled lo lefminate the employment of an employee or lo provide termination beiiefils.
Crltlcal accounting estlmates and judgements
In the appllcalion Df tlie Charily s accounting policies, the trustees are required lo make judgeinenls,
estimates and assiimplions about the carying amount of assets and liabilities Ihal are nol readily apparent
froin other sources. The estiiiiales and associated assumptions are based on liislorical experience and ollier
lactors Iliat are consldered lo be relevant. AcluBI results may differ froin these estimates.
The eslirnales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales afe recognised in the period in which ihe estimate is revised where the revision affects only Ihal
period, or in Ihe period of the revision and future periods where the revision affects both current and future
periods.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total
Total Unrestricted Rostricted
funds
funds
2023
2023
2024
2023
33,048
Grant5
35,612
50,092
85,704

Cg OJ (O
<000
tj vi tr)
TY
a> r r4
(000
cfjm
oj
(Si
ij
ij
ry) ff)
(5> (W
xxa)

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Income from investments
Unrestrlcted Unrestricted
fund$
funds
2024
2023
1,065
55
Inleresl receivable
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2024
2023
Trading costs
Olh8r trading aclivitles
13,683
7,475
Expenditure on charitable activities
2024
2023
Direct costs
Staff costs
Depreciatlon and Iiiipalrnient
Repairs and Mairileiiance
Rates and Insurance
Ligl)I, Heal & W81er
Postage, Stationery and Advertising
Eqiiipmenl Rental
C18anlng
Telephone
Sundi'ies
Accountancy costs
Bank and credil charges
Licenses
P8rformances and Shows
41,4?.4
74
71,709
6,959
9,663
4,562
44,465
87
63.030
4,587
6,481
3,073
2,156
3,044
1,205
584
1,020
1,354
956
6,017
1,213
1,035
2,009
1,217
2,685
19,122
167,689
132,042
Analysls by fund
Unreslricled lunds
Restrlcled funds
138,085
29.604
132,042
167,689
132,042

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Net Inovement in funds
2024
2023
Tlie iiel movement In funds is slated after chargingl(crediling}.'
Fees payablè for Ilie independent exainintilion of the charily's linai?cial
slaleineiils
Oepreuialion of owned property, plaiil Bnd equlpiiienl
74
87
Trustees
None of the Iruslees (or aiiy persons connected with them) received any remuneration or benefits from the
Charity during the year.
10 Employees
The average Iiioiilhly number of employees dumng the year was..
2024
Number
2023
Number
Employment costs
202
2023
Wages and salaries
41,424
44,465
There were no employees whose annual ren)uneration was more Ihan £60,000.
Remuneration of key management personnel
The reiiiLlI)eralioi) of key maiiagemenl personnel was as follows..
11 Taxation
Tlie Chsrlly is exenipl from tax2don on Its acllvilies because all ils income is applled for charitable purposes.
13

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
12 Property, plaiil and equipment
Freehold land Fixturos and
and bulldlngs
Total
Cost
Al 1 July 2023
492
50,339
49,847
492
50,33
AI 30 Julie 2024
49,847
Depreciatioii and impairment
Depreciation charged in the year
74
74
74
74
At 30 June 2024
Carrying amount
AI 30 June 2024
418
50,265
49,847
492
50,339
AI 30 Julie 2023
49,847
13 Inventories
2024
2023
40
Raw malerials aiid consumables
14 Current Ilabllitles
2024
2023
Other 18xallon and 8ocial sei;uiity
Atscruals and deferred income
1,846
6,264
1,000
8,297
8.11Q
9,297
15 Restrlcted funds
Th@ restricted fund5 of Ihe Charily comprise the unexpended balances of donations 8nd grants held on
Irusl subjecl lo specific condition5 by donors as lo how they may be used.
At 1 July 2023
Incoming
resources
Resources
expended
Transfers
At 30 June
2024
60,339
50,092
129,604)
1486)
BO,341
14-

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
15 Restricted funds
Icontinuèdl
Previous year..
At l July 2022
Incoming
resources
Resources
expended
Transfers
At 30 June
2023
60,426
(871
60,339
16 Unrestricted funds
Tlie (inr8￿1rI￿.tO(l fiinds of tha Cliarity coniprise thè unexpended balances of donations and grants which
art) iiot suhjerl lo speclfic condilloi)s by donors and grantors as lo how they Inay be iised. These inp,lude
design8led fiinds which have been sel aside out nf unreslricled flinds by the Iruslees foi specifi'c purposes.
At 1 July 2023
Incomlng
resources
Resources
expended
Transfers
At 30 June
2024
General funds
53,942
146,630
(151,7681
486
49,290
Previous year:
At 1 July 2022
Incoming
resources
Resources
expended
Transfèrs
At 30 Jun
2023
General funds
70.098
123,274
(139.5171
87
53,942
17 Analysls of net assets between funds
Unrestrlcted
funds
2024
Restricted
funds
2024
Total
2024
At 30 June 2024:
Property, planl and equlpnienl
Currant asselsllliabililiesl
418
48,872
49.847
30,494
50,265
79,366
49.290
80,341
129,631
Unrestrlcted
funds
2023
Restrlcted
funds
2023
Total
2023
At 30 June 2023-
Property, plant and equipnienl
Current asselsl(Ilabililiesl
492
53,450
49,847
10,492
50,339
63,942
53,942
60,339
114,281
15-

PELSALL COMMUNITY ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
18 Related party tran5actlons
Thpre wprp no disclos81)le relaled party Iraiisaclions dU￿ng tl)e year12023 - non81.