COMPANY REGISTRATION NUMBER: 02329515 CHARITY REGISTRATION NUMBER: 701532 Mencap Wolverhampton Company Limited by Guarantee Unaudited Financial Statements 31st December 2025 GRIFFITHS & PEGG LIMrrED Chartered Accountants 3 Hagley Court South Waterfront East Level Street Brierley Hill DY5 1XE
Mencap Wolverhampton Company Limited by Guarantee Financial Ststements Year ended 31st Decemr 2025 Pages Trustees, annual report (incorporating the directorfs report) 1to4 Independent examinerfs report to the trustees Statement of financial activtties (including income and expenditure account) Statement of financial position Notes lo the financial statements 8t013 The following pages do not fomi part of the financlal statements Detailed statement of financial activities 15 Notes to the detailed statement of finanaal activities 16
Page 1 Mencap Wolverhampton Company Llmited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) Year ended 31st December 2025 The trustees, who are also the directors for the purposes of company law. present thelr report the unaudited financial stslements of the tharity for the year ended 31st December 2025. Chalrfs rèport M8ncap Wolverhampton in 2025 saw continuing transition of the Charity from its revised formation in the 1980's to an uated. amended arKI modemised txganisation supporting local learning-disablod peDplg in the 21 ntUry. Our group of volunteerTrustses fomied a sulKommiltee in 2024 to amend the Objecttves and en5ur8 the long-temi future of the Charity and rts main asset. a propety cle 'Glyn 8ank'. During the process it found that the house had been left in trust to 3 fomier individual trustees rather than the Charity itself. Onty one of those trustees was still alive and Mencap Wo]verhampton was in danger of k)sing the prop8ty by default to the national body. This has all led to huge 8xp8nditure, using specialist sDlicitors, lo ensure that Gtyn Bank remains an asset to the Charity and the people of 1verhaMpIOn and the sumunding area. This process is now almost complele so Glyn Bank, which has recently been valued at £300k, k8 no I(ger at rfsk of being lost to the bcal community. My thanks go to those TNstees vtho have spent ¢xunUe5s hours researching the background of how and when Glyn Bank was gifted to Mencap Wofverhampton. Trustees have had many meetings w((h solicttors and contacts wlh the Charity Commiswn to ensure all the legal processes have been succes5fv11y completed. M8ncap Wolverhampton works with Ihe aduA leaming disabilty community in a dose three-way partnership. Gateway Club provides scKAat and leaming opportunities every Friday evening al Beckminslor Church vthere up to 60 members enjoy themselves led by Trudy and a volunteer team. Trudy 18 also unéertaking the herculean tssk of updating all our polru8s so that they comply with current regulakn'ong, for which l offer my sincre thanks. The Crafty Gardener, a communty interest company (not for profit), uses 'Glyn Bank, to deliver a host of actlvilies induding cookery, l.T., wo¢>)knrking, arts and crafts, gardening and many more. 1 C()'s of hours of social, educational and supportive activities take plac& al 'Glyn Bank.. Crafty Gardeners is a hlghly respected organisalion. unique in the IwAI area, and they 8re taking part in six research projeds led by universities the country. To enable lo happen every day of the week we rnust keep the propety in tip top condrtion and regular, ctinual Maintenar takes place, this is not èasy for a building OriginlY constructed in1891. Tg this end in 2025 Men(*p Wofverhamplon paid fQrrederating Ihe building, removal ol trees and the inslallalion of a new boiler. Next year we will have lo repla some of the windows and doors al the property. W8 must raise funding to pay for all the upkeep needed on the house. All oflhis 5UPPOrt comes al a prfce to Mencap Wofvethampton and fundraising musl now be a top priority for the ming year. An unsuccessful application was made to Greggs in the hope of fulg for some new windows. We are grateful for several donations receNed including a donation of£360 received from Mary Boswell and £500 from Rotary Club. Gateway had a dOnatn following a cake sale at th6 churth. Gateway transferred £1k to Mencap 1verhampt0n in support of the spiralling legal costs we have incurred (likely to be over £20k). This year we were pleased to wekome a newTrusiee to the Board, Mr Kolin Bhogal, who has proved to a great help wth hosting a venue for meetings and expert advKe wlh some maintenance issues.
Pagg 2 Mencap Wolverhampton Company Limlted by Guarantee Trustees. Annual Report {Incorporating the Directovs Report) Year ended 31st December 2025 In conclusion I bdieve that Mencap Wolverhampton now has a grx)d fourKlation to cary on for many years lo come Supmed by an experienced, enthusiastic and dedKated team of Trustees who are all rmly rA)mmitled to supp(Kting adults with a learning disatxlty. Referoncg and admlnlstratlve details Regi$t8rgd charity name Mencap Wolverhampton Charity registration number 701532 Company reglstration nurnbar 02329515 Principal offlce and rggisterod 13 Lloyd Street office Wolverh2mpton V6 ORL The trustees MrA M Chilvers Mrs P A Davies Mrs J E Hunt Mrs T J O'Hara Mrs S RObts Mrs J Silvester Mrs J E Vanstone Mrs M C Solomon Mr K Bhogal Mrs J Hepwo(xl (Appointed 26th June 20251 Independent examingr Mr A A 8 Grainger FCA of Griffiths aTMJ Pegg Chartered Accountants 3 Hagley Cwrt Sc¥Jth Walerfronl East Level Street BrieHey Hill DY5 1XE
Page 3 Mencap Wolverhampton Company Limited by Guarantse Truslees. Annual Report {Incorporating the Directotrs Report) (COntthi) Year ended 31st December 2025 Structur0> governan¢e and management The charity is controlled by its goveming document, a deed of trust, and constilutes a limited wmpany, limited by guararÈlee, as defined by the Companies Act 2CM)6. Mencap Wolverharnpton is a charitable (x)mpany. which was incorporated as a company on 19 Decemb 1988. The company was a register charity on 8 May 1989. Recrultment and appointmont of new trustoes The directors of the company are also charity trustees the purposes of Gharily law and under the company's artleS are known as directors of the charity. Under the requirements of the Memorandum and Artides of Association, Ihe direclors of the Gharity are required to resign and be re-selecled each year. Due to the nature of the woKk of Mencap Wdverhampton: the focus is upon persons with a learning di83bilily. The board of directors seeks to ensure Ihal the needs of this group are appropriately refiected through the diversity of the trustee body. Induction and tralnlng of new trustees Most trustees are already familiar with the practical work of the charty frorn first-hand experience of working with the board and wih persons with a leaming disability. AdditKsnally. new trustees meet with members of the board and discuss= - The obligations of board members The main documonts which sel out the operational fram&vork for the charity, includiro the Memorandum and Articles - ReSIrCIr0 and the current financial position5 are sel out in the latest published aCcnts. - Future plans and objecti'ves. Obj9Gtiv¢s and actlvltles The overall objective for which the charitywas estsblished is the rdief of people with a learnlng dlsability in the City of Wolverhampton and its surrounding area. The object and the Public Benefrt are met through: - The provksion of help for them. thr families. dependants and carers - Maknng known the needs of its Mernbs to a wde range of social and medical service providers - Practical and financial support io the organisations providing services to the members The company is affillated lo Royal Mencap and w(xks dosdywlth its local representatives and also with other (Kganisations with similar aims.
Page 4 Mencap Wolv8rhampton Company LlmEted by Guarantee Trusteos. Annual Rèport {Incorporatlng the Dire¢torfs Report) (¢tsnllnued) Year ended 31st December 2025 stratsglc roport The following sections for achievements and performance and financial revi8w fom the strategic report of the charity. A¢hl•vèments and perfomiance The Charity contlnues to support Gateway Club and has cemèntèd Its partnership with Craftv Gardeners (community interest company) and other organisatlons wlth similar aims by the provl8lon of accommodatlon and advo¢acy. No grants have boen awarded this year due to the 8Xten8ive and costly18gal work that has bèen undertaken to update the Charils Aims and to secure Its long term future Flnandal revlew Th8 trustees consider th8 most appropriate policy for the investment of surplus funds is to hold Ih8m within Bank Funds. This provldes flexibility of movement a period of low interest rates. Rese9 pollcy The compan$ reserves are all 8vai18bl8 io enabl8 the company lo cary out Its charitable objectNes. Accordingly, the trustees do not have specific policy regarding the tentIon of the reserves. The trustee8' main prfoilty ¢9 to ensuro that there are sufficient resems lo enable th8 company to continue its CUent activtties In the event of a slgnificant drop in funding. The income contnues to be provlded by a wide range of individuals and groups. Fund raising 8¢1ivities are geared to involving memDors. Flnance for the charftles continues to be difficult and the tnJste8s are Stlll very aware of the need for ¢ontlnueg SUPPOrt for our members and associates. The trusteès. annual report and Ihe strateglc report were approved on 24th April 2026 and signed on behalf of the board of truste88 by.. Mr A M ChllveTS Trusts8
Page S MenGap Wolverhampton Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Mencap Wolverhampton Year ended 31st December 2025 I report lo the truslees on my examination of the financial statements of Mencap Wolverhampton I'the charity'l for the year ended 31 sl December 2025. Responsibilities and basis of report As the trustees of the company land also ils directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {'the 2006 Acl'l. Having satisfied myself that the a¢¢ounls of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities A¢1 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151{bl of the 2011 Act. Indepèndent examiner's statgment I have completed my examination, I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act", or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not a matter consictered as part of an independent examin81ion,' or the financial stslements have not been prepared in accordance with the methods and principles of the Slalement of Recommended Pra¢lice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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 lo enable a proper understanding of the accounts lo be reached. Mr A A B Grainger FCA Independent Exarlliner Griffilhs and Pegg Chartered Accounlanls 3 Hagley Court South Walerfronl East Level Street Brierley Hill DY5 1XE
Page 6 Mencap Wolverhampton Company Llmltsd by Guarantee Statement of Financial Activities {Including income and expenditure account) Year end•d 31 st December 2025 202S Restricled funds Total funds Total funds 2024 Unrestricted funds In¢ome and ondowments Donations and legacies Charitable activities Other trading aclivilie8 Investment incomo 11.6 1,8 13,298 4.348 4.182 9.737 11.855 4,233 5,001 8,981 30,070 4,092 434 9.303 Total Income 21.083 10,482 31.565 Expgndlture Expenditure on charitable activtts8S Total expendltur• 9,10 39.976 8,837 48,813 29,341 39.976 8,837 48,813 29,341 Net {expendlturelllncome and net movement In funds (18.893) 1,645 (17.2481 729 Reconclllatlon of funds Total funds brought forward Total funds carrled forward 26,577 81,063 63,816 80,333 81,063 35,593 28,222 The statement of financial a¢bvities indudes all gains arKI losse5 reo)gnised in the year. All income and expenditure derive from Continuing activities. The notes on pages 8 to 13 form part of these financlal statsrngnts.
Pago 7 Mencap Wolverhampton Company Llmlted by Guarantee Stat8m•nt of Flnanclal Position 31st Decambor 2025 2025 2024 Currant amots 15 1.7( Cash at bank and N) nd 83.512 Cr•dltorn: amounts fallkng duo wfthln on• year N•1 currenl a$801b (2,450) (2,450) 63,t15 63,815 63.815 81..4J&k 81.062 81,062 Total wets I$ curront Ilablllllo8 Net asgots Restricted funts Unrestricted funds 28,222 54,486 81,063 Totsl charlty funds 17 63,815 For the year?rfknJ 31st Dècember 2025 Ihe ¥ras loexempt¥m frn all under sockn 4T1 of th8 Compgni8s Act relatyo lo small cCfflFffj. Dir8dors' resp)rBlbilities: The membern have not raqulred ts t*mpany to obtaln an aLKlIt of its financlaS statllents for the year In questlon In accordance vlth Seth 476: The directora acknowWg8 thoir rOsp111118s forc4)mplyiro wth thg requlrements ofthe ActIth These fInala1 Stateme have been kyepared In wrlh the provispjns appllc8ble to companle8 subje¢A to the smal rAnp8th' regkne. These financial statements appyovgj by the board of trth8tees and auttrfxised for Issue on 24th Awil Th, and are signed w behalf of the ly)ard by. Mr A M Chllvefs Trustee
Page 8 Mencap Wolverhampton Company Limited by Guarantee Notes to the Financial Statements Year ended 31st DerAmber 2025 General information The charity Is a pUtlC benefft enttty arKI a private company limited by guarantee, registered in England and Wales and a r&Jisted charity in England 2nd Wales. The address of registered offKe is 13 Lloyd Street. Wdverhampton, WV6 ORL. Statement of compllance These financial statements have been prepared in cOmplnce FFiS 102. The Financial Reporting Standard applicable in the UK and the Republic of Irdand,, the Statement of Recommended Practice applicable to charitie5 preparing th8ir a¢xounts in accordance with the Financial Reporting Standard applicable in the UK and Republ of Ireland IFRS 102} (Charitie8 SORP (FRS 1021) and the Companies Act 2(K)6. Accountlng pollcles Basis of preparatlon The finanal $18lements have been prepared on the historical cost basis. as mfAtfied by the revaluation of certain financial assets and liabilities and inveslment properties measured al f8ir value through income or expenditure. The financial statements a prepared in sterling. which is the functional rrenty of the entity. Golng concern There are no material unceriainlies about Ihe charity5 ability to continue. Judgements and key sources of estimation uncertainty The preparation of the finanryal statements requires management to make judgements. estimates and assumptions that affect th8 amoJnts reported. These eslimales and judgements are continually reviewed and are based on eXpellerK and other factors, induding exFectations of future events that are believed to be reasonable under the circLJmstances. Fund accounting Unrestricted fur)ds are available for use at the discretK)n of the trustees to further any of the charity's purposes. Designated fvnds are unrestricted fund5 earmarked by the trustees for particular future project or commilm8nl. Restrict1 funds are subjected lo restrictions on their expenditure declared by the don(x or through the terms of an appeal, and fall into one of tsvo sutkdasses.. restricted income funds or endowment funds.
Page 9 Mencap Wolverhampton Company Limited by Guarantee Notès to thé Financial Statements {conthu8d) Year ondod 31st December 2025 Accounting pollcles (conthu8dJ In¢omlng resources All incoming resources are included in the statement of financial activities when enliuement has passed to the charity.. it is probable that the economi¢ benefits associated with the transaction will ow to the charity and the amcMJnt can be rdiably measured. The following specffic policies are applied to partrcular categories of inc4)me: income from donatioris or grants is recognised when there is evidence of entiuement to the grft, relpl is probable arKI its amwnt can be measured rdiably. legacy income is recognised when receipt is probable and entilemenl is established. Incom8 from donated goods is measured al the fair value of the goods unless this is impractical tr) measure reliabw. in which case the value is derived from the cost to the donor or the estimated resale value. Donated faciliti8s and services are rgnised in the accounts when red rf the value can be reliably measured. No amvunls are included for the contribub.on of general volunteers. income from contracts for the supply of services is recognised with the delivery of the Contracted service. Thi5 is dass[r as Unrestrict funds unless there Is a contractual requirement for it to be spent on a particular purpose arml retumed rf unspent, in which case it may be regarded as restr'cted. R¢sour¢es expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes ary VAT which cannot be fully recovered. and is dassrfied under headings of the statement of financial activities to which it relates- expenditure on raising funds include5 the (x)sts of all fundraising activities, ovents, non- charitable trading activib'es. and the sale of donated gocxjs. expenditure on charitsble ac11viti indudes all costs incurred by a charty In undertaking activities that furttter ils charitable aims for the benefft of its beneficiaries. Including those support cost5 and costs relating lo the 9)vernance (rf the charity apportioned to ¢harilable activities. OthereXpIdItUre indudes all expenditijrethat is nether rdaled to raising fuThJs for the charty nor part of its expenditure on charitable actiwlie5. I costs are alliKated to experKIjre Categor refflecttng the use of the resource. Direct costs attributable to a single activity are allocated direclty to that aclwity- Shared costs are apportioned between the activities they (x)ntribute to on a reasonable. justrfiable and CA)nsistent basis. Limited by guarantge Mencap Wolverhampton a company limited by guarantee and accordingly does not have a share capital.
Page 10 Mencap Wolverhampton Company Llmited by Guarantee Notes to the Flnancial Statsments (conAfnuedJ Year ended 31st December 2025 Donatlons and lega¢i Unrestricted Restrict Total Funds Funds Funds 2025 Donatlons Donations 11,69) 290 11,980 Grants Grants reLeivable 1,318 1,318 13,298 11.690 1,608 Unrestrict Funds Restricted Total Funds Funds 2024 Donations Donations 11.130 350 11,480 Grants Grants r8ceivable 375 375 11,130 725 11,855 Charltablg activities Restricted Total Funds Funds 2025 Restricted Tolal Funds Funds 2024 Other incom8 from charitable aclivitie5 4.233 4,233 Other tradlng activitles Unrestrict Funds Restricted Total Funds Funds 2025 Fundraising events 4,092 4,182 Unrestricted Funds Restricted Total Funds Funds 2024 Fundraising events 1,716 3,285 5.IX)1
Page 11 Mencap Wolverhampton Company Llmited by Guarantee Notss to the Financial Statements {condnuedJ Year ended 31st December 2025 Investment Incomo Unrestricted Funds Restricted Total Funds Funds 2025 Incoffle from investment properties Bank Interest receivable 9,000 303 9,000 737 434 9,303 434 9,737 unrestr1clj Funds Restricted Totsl Ftjnds Funds 2024 Income from investment properties Bank interest receivable 7,900 7,900 1,081 513 8.468 513 8,981 Expèndlturé on ¢haritable actlvltles by fund type Unrestricl FurKIs Restricted Total Funds Funds 2025 Direct costs Support costs 34,593 5.383 8.837 43,430 5,383 39.976 8.837 48,813 Unrestricted Funds Restricla Totsl Funds FU1$ 2024 Direct costs Supwrt costs 13,670 7,355 21,025 8,315 21,986 7,355 8,315 29.341 10. Expendlture on ¢haritsblg aGtfvliles by actlvlty typ& undertaken directly Support Totsl funds costs 2025 Total fund 2024 Direct costs Governance costs 43.430 3,883 1,500 47,313 1.500 27,W1 1,440 5,383 48,813 29.341
Page 12 Mencap Wolverhampton Company Limited by Guarantee Notes to the Financial Statements (con Year ended 31 st December 2025 11. Analy$i$ of support costs Dir1 costs Total 2025 Total 2024 Premise$ Governance ¢osts 3,883 1,500 3,883 1,500 5.383 5,915 1,440 5.383 7,355 12. Indewndent examinatlon fees 2025 2024 Fees payable to the Independent examinex Independent examination of the financial statements 1,440 13. Staff costs The lolal staff costs and employee benefits for the retx)rting period are analysed as follows.. 2025 2024 Wages and salaries 4,089 4,144 The average head cwnt of employees during the year was 1 {2024'. 1). The average number of full-time equwalenl employees during the year is analysed as follows= 2025 2024 Number of staff - type 1 No employee receivod employee benefits of more than £60,000 during the year (2024.. Nill. 14. Trustoe remuneration and expenses There were no trustees. expenses paid for the year ended 31 De¢ernb 2025 (2024 £NIL). 15. Debtors 2025 2024 Prepayments and a¢¢rued income 1,700 1,600 16. Credllors.. amounts falling duewithln one year 2025 2024 Accruals and deferred income 2,450 2,450
Page 13 Mencap Wolverhampton Company Limited by Guarantee Notes to the Financial Statements{con Year ended 31 st December 2025 17. Analysis of charltable funds Unrestricted funds At1s1 January 2025 At 3191 December 2025 ITOMe Expenditure General funds 54,486 21.083 139,976) 35,593 At1st January 2024 Al31sl December 2024 IrKome Expendlture General funds 54,197 21.314 121,025} 54,486 Restricted fund$ At1st January 2025 At31st Docembar 2025 Irme Expenditure Restrfctsd Fund 26.577 10.482 (8,8371 28,222 At1 January 2024 At31st December 2024 Income Expenditu Restricted Fund 26.136 8.756 {8,315} 26,577 18. Analysis of n¢t assets between funds Unrestrricted Funds Restricted Total Funds Funds 2025 Current assets Credrtors less than 1 year Net assets 38,043 {2.4501 35,593 28.222 66,265 (2,4501 63,815 28,222 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assets 56.936 (2.4501 54.486 26,577 83,513 {2,4501 81,063 26,577