REGISTERED COMPANY NUMBER: 03166663 (England and Wales)

REGISTERED CHARITY NUMBER: 1058425

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

PARK HALL COMMUNITY ASSOCIATION

(A COMPANY LIMITED BY GUARANTEE)

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Statement of Financial Position

7

Notes to the Financial Statements

8

to

13

TRUSTEES

Mr S Cooke

Mr S C Smith

Mrs D I Cooke

Mrs S M Howles

Mr M Litherland

REGISTERED OFFICE

22 Glen Close

Walsall

West Midlands

WS4 2EL

REGISTERED COMPANY NUMBER

03166663 (England and Wales)

REGISTERED CHARITY NUMBER

1058425

INDEPENDENT EXAMINER

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 March 2025. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The association's activities focus on the provision of special interest classes and community activities in the local and wider area. It encourages participation in educational and recreational programmes in a safe, friendly environment outside the home. It aims to broaden the skills and experiences of residents from the local and wider area.

The association also supports people with a range of mental health problems. Activities include Art Therapy, Craft Class and Gardening Group. The Community Manager and Deputy Manager have both completed a recognised First Aid qualification for mental health.

Special interest classes aim to motivate service users and encourage new skills and interest in as shared environment.

Walsall MBC has a long standing to support the association through grant funding and officer advice and guidance. Excellent relations pertain with the local authority and other community groups.

The association is a member of the Walsall Community Consortium and as such, the manager attends regular meetings with other groups from across the borough.

Walsall MBC remains firmly committed to the future of Park Hall Community Association. However long delays on the promised new building have led to some problems with programme delivery and a sense of community cohesion. In the absence of a permanent building, activities have continued on a 'satellit' basis, operating from various church halls and public houses in the area.

Business and administration is temporarily operating from the Community Manager's home at 22 Glen Close, Walsall, WS4 2EL. Long term, this situation is becoming increasingly difficult and we await the completion of our new building as a matter of urgency.

Volunteers

The association continues to benefit from the work of loyal, supportive volunteers who offer their help on a regular basis. A number of volunteers have completed their Food Hygeine Certificate and help with 'Afternoon Teas' and 'Lunch Clubs'.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Park Hall Community Association was established almost 50 years ago, incorporated in 1966.

The Association benefits from the support of loyal service users and volunteers, hard-working staff and the support of Council Officers.

The programme offers a range of special interest classes and community activities with a particular focus on health and well-being and good mental health.

In terms of SROI (Special Return on Investment) the community association has delivered by engaging service users in activities outside the home, in a safe supportive environment, this is helping to combat social isolation and loneliness, particularly in the 60 plus age range.

FINANCIAL REVIEW

Financial position

The charities activities have been consistent with previous years with the majority of the income £66,219 (2023:£37,533) arising from grants.

The expenditure has decreased to £38,881 (2024: £43,690) which has resulted in a profit this financial year of £27,338 (2024: loss of £6,157).

Principal funding sources

The charity activity has remained consistent throughout this financial year with income derived from various sources.

Grants from Walsall Council

Income from student fees

Income from catering

Fund raising activities

The Association continues to work with organisations to attract additional funding and with partner organisations in line with community work.

Going concern

Trustees can reasonably expect that with careful management of core costs there will be adequate funds available to continue in the future.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Association

The Association is controlled by its governing documents, a deed of trust and constitutes a company limited by guarantee, as defined by the Companies Act 2006.

The Association was established under a 'Management of Association' which established the objects and powers of the charitable company and is governed under its 'Articles of Association.'

The Trustees, who are also the Directors for the purpose of company law and who served during this financial year, are:

Mr. S. Cooke

Mr. S. C. Smith

Mrs. S.M. Howles

Mrs. D Cooke

Mr. M. Litherland

None of the Trustees has any beneficial interest in the Company. All Trustees are members of the Company and guarantee to contribute £1 in the event of winding up.

Organisational structure

Park Hall Community Association has a management committee of five, who meet termly or more frequently if required. They are responsible for monitoring the performance and strategic direction of the Association.

Mrs Barbara McCracken (Community Manager), sits on the committee but has no voting rights. She reports to the committee and has overall responsibility for the day to day running of the association. This includes programme, management of staff and she ensures that activities are conducted in line with legislation and good practice.

Appointment of Management Committee

For the purpose of charity law, the directors are also Trustees and are known as the Management Committee.

Members are elected to serve for a period of three years, after which their term of office comes to an end. They may wish to offer themselves for re-election at the end of this period at the annual general meeting.

Committee members are drawn from local communities, local businesses and representatives of service users.

Related parties

The Association continues to be supported by Walsall MBC and aims to provide activities benefitting local residents and the wider community.

Approved by order of the board of trustees on 23 December 2025 and signed on its behalf by:

Mr S Cooke - Trustee

Independent examiner's report to the trustees of Park Hall Community Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

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

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

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

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Richard Smallwood FCCA

Wallace Crooke Walsall Limited

Chartered Accountants

Wallace House

20 Birmingham Road

Walsall

West Midlands

WS1 2LT

23 December 2025

2025

2024

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Charitable Acitivities

49,714

16,500

66,214

37,531

Investment income

4

5

-

5

2

Total

49,719

16,500

66,219

37,533

EXPENDITURE ON

Charitable activities

Charitable Costs

16,857

16,500

33,357

34,786

Support costs

5,524

-

5,524

8,904

Total

22,381

16,500

38,881

43,690

NET INCOME/(EXPENDITURE)

27,338

-

27,338

(6,157

)

RECONCILIATION OF FUNDS

Total funds brought forward

2,221

-

2,221

8,378

TOTAL FUNDS CARRIED FORWARD

29,559

-

29,559

2,221

2025

2024

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

1,083

-

1,083

1,479

CURRENT ASSETS

Cash at bank and in hand

34,700

-

34,700

6,298

CREDITORS

Amounts falling due within one year

10

(6,224

)

-

(6,224

)

(5,556

)

NET CURRENT ASSETS

28,476

-

28,476

742

TOTAL ASSETS LESS CURRENT LIABILITIES

29,559

-

29,559

2,221

NET ASSETS

29,559

-

29,559

2,221

FUNDS

11

Unrestricted funds

29,559

2,221

TOTAL FUNDS

29,559

2,221

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr S Cooke - Trustee

1.	CHARITY INFORMATION

Park Hall Community Association is a private charitable company, limited by guarantee, registered in England and Wales. The charitable company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Association's financial statements are presented in Sterling and all values are rounded to the nearest pound.

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows.

Income

Income is recognised when the Association is legally entitled to it after any performance conditions have been met the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Association has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds or covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Association has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Grant income from local authorities is recognised as it is received.

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.

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Association.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The Association has elected to apply the provisions of Section 11 'Basics Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recongised in the Association's balance sheet when the Association becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amoritised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially measured at the transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amoritised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transactions price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Association's contractual obligations expire or are discharged or cancelled.

Employee Benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the Association is demonstrably committed to terminate the employment of an employee or to provide termination details.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Association's accounting policies, the Trustees are required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised were the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

4.	INVESTMENT INCOME

2025

2024

£

£

Interest receivable

5

2

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

396

454

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 March 2025 nor for the year ended 30 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 March 2025 nor for the year ended 30 March 2024.

7.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Directors

5

5

Employees

6

6

11

11

No employees received emoluments in excess of £60,000.

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Charitable Acitivities

21,031

16,500

37,531

Investment income

2

-

2

Total

21,033

16,500

37,533

EXPENDITURE ON

Charitable activities

Charitable Costs

18,286

16,500

34,786

Support costs

8,904

-

8,904

Total

27,190

16,500

43,690

NET INCOME/(EXPENDITURE)

(6,157

)

-

(6,157

)

RECONCILIATION OF FUNDS

Total funds brought forward

8,378

-

8,378

TOTAL FUNDS CARRIED FORWARD

2,221

-

2,221

9.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 31 March 2024 and 30 March 2025

3,500

12,541

16,041

DEPRECIATION

At 31 March 2024

2,353

12,209

14,562

Charge for year

230

166

396

At 30 March 2025

2,583

12,375

14,958

NET BOOK VALUE

At 30 March 2025

917

166

1,083

At 30 March 2024

1,147

332

1,479

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

120

120

Social security and other taxes

3,720

3,503

Other creditors

285

34

Accruals and deferred income

2,099

1,899

6,224

5,556

11.	MOVEMENT IN FUNDS

Net

At

movement

At

31/3/24

in funds

30/3/25

£

£

£

Unrestricted funds

General fund

2,221

27,338

29,559

TOTAL FUNDS

2,221

27,338

29,559

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

49,719

(22,381

)

27,338

Restricted funds

Restricted funds

16,500

(16,500

)

-

TOTAL FUNDS

66,219

(38,881

)

27,338

Comparatives for movement in funds

Net

At

movement

At

31/3/23

in funds

30/3/24

£

£

£

Unrestricted funds

General fund

8,378

(6,157

)

2,221

TOTAL FUNDS

8,378

(6,157

)

2,221

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

21,033

(27,190

)

(6,157

)

Restricted funds

Restricted funds

16,500

(16,500

)

-

TOTAL FUNDS

37,533

(43,690

)

(6,157

)

12.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 March 2025.