GILGAL, BIRMINGHAM

Company limited by guarantee

Company Registration Number:
04790742 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

GILGAL, BIRMINGHAM

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GILGAL, BIRMINGHAM

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

Gilgal Birmingham provides refuge, accommodation, and support for women and children fleeing domestic abuse.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Brenda Melhado
Suzannah Duncan
Kendrick Hazel
Yvette John
Brian Adams


The directors shown below have held office during the period of
18 March 2024 to 31 March 2024

Ms Elaine Barrett
Gemma Murphy Punzo


The directors shown below have held office during the period of
18 September 2023 to 31 March 2024

Louise Bourne
Cindy Mardenborough
Tamaan Wilkinson


Secretary Yvette John

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 September 2024

And signed on behalf of the board by:
Name: Louise Bourne
Status: Director

GILGAL, BIRMINGHAM

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 717,212 646,617
Cost of sales: ( 536,801 ) ( 460,700 )
Gross profit(or loss): 180,411 185,917
Distribution costs: 0 0
Administrative expenses: ( 103,120 ) ( 91,208 )
Other operating income: 1,599 2,942
Operating profit(or loss): 78,890 97,651
Interest receivable and similar income: 9,589 761
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 88,479 98,412
Tax: 0 0
Profit(or loss) for the financial year: 88,479 98,412

GILGAL, BIRMINGHAM

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 11,600 11,921
Total fixed assets: 11,600 11,921
Current assets
Debtors: 4 53,904 14,166
Cash at bank and in hand: 494,514 401,691
Total current assets: 548,418 415,857
Creditors: amounts falling due within one year: 5 ( 150,781 ) ( 107,020 )
Net current assets (liabilities): 397,637 308,837
Total assets less current liabilities: 409,237 320,758
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 409,237 320,758
Members' funds
Profit and loss account: 409,237 320,758
Total members' funds: 409,237 320,758

The notes form part of these financial statements

GILGAL, BIRMINGHAM

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: Louise Bourne
Status: Director

The notes form part of these financial statements

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates to write off each asset over its estimated useful life: Freehold property - 10 years Office equipment on cost - 33% on cost Appliances 50% Fixture and fittings - 20% on cost

    Other accounting policies

    Expenditure Liabilities are recognised as expenditures as soon as there is a legal or constructive obligation committing the charity to that expenditure; a transfer of economic benefit will probably be required in settlement, and the obligation amount can be measured reliably. Expenditure is accounting on an accrual basis and has been classified under headings that aggregate all costs related to that 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. Fund Accounting Unrestricted funds can be used for charitable purposes at the trustees' discretion. Restricted funds can only be used for a particular purpose with the object of the charity. Restrictions arise when the donor specifies, or funds are raised for a specific purpose. Cash and cash equivalent comprise cash on hand and call deposits and any other short-term, highly liquid investment that is readily convertible to a known amount of money and is subject to an insignificant risk of change in value. Penson costs and other post-retirement benefit The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are changed to the Statement of Financial Activities in the period they relate to. Financial instruments Financial assets and liabilities are recognised when the charity becomes a party to the contractual provision of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangments entered into. An equity instrument is any contract evidencing a residual interest in the charity's assets after deducing all liabilities. Government grants Government grants received are credited to the Statement of FInancial Activities as the relevant costs are incurred.

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 12

    No employees received emoluments over £60,000 The total employee benefits of the key management personnel of the charity were £96,168 (2023 £99,920)

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 49,807 44,099 33,898 127,804
Additions 0 2,886 4,296 7,182
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2024 49,807 46,985 38,194 134,986
Depreciation
At 1 April 2023 49,520 38,428 27,935 115,883
Charge for year 287 4,435 2,781 7,503
On disposals
Other adjustments
At 31 March 2024 49,807 42,863 30,716 123,386
Net book value
At 31 March 2024 0 4,122 7,478 11,600
At 31 March 2023 287 5,671 5,963 11,921

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 21,845 0
Prepayments and accrued income 28,432 5,918
Other debtors 3,627 8,248
Total 53,904 14,166
Debtors due after more than one year: 0 0

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Trade creditors 21,565 15,484
Taxation and social security 208 6,671
Accruals and deferred income 127,645 80,073
Other creditors 1,363 4,792
Total 150,781 107,020

GILGAL, BIRMINGHAM

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Financial Commitments

Leasing agreement for the property Within one year £34,749 Between one and five years £55,417