| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustccs | 2 | to | 5 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 17 |
| Detailed Statement ofFinancial Activities | 18 |
| TRUSTEES | Ms H Harris Company | Ms H Harris Company | Director | Director | (appointed | |
|---|---|---|---|---|---|---|
| 9/6/2022) | ||||||
| Mr M B Khan Motor | Mechanic | |||||
| Ms FILucas SelfEmployed | ||||||
| Mr P D Marsh Enterprise | Architect | |||||
| Mr K Parsons Unemployed | ||||||
| Ms LPeny University | Outreach | Advisor | ||||
| Mr D RTyler Retired | ||||||
| Mr A I Walsh Sets ice | User | |||||
| Mr A Khoury (appointed | 9/6/2022) | |||||
| REGISTERED OFFICE | The Hub | |||||
| Bushcy Fields Hospital Site | ||||||
| Bushey Fields Road | ||||||
| Dudley | ||||||
| West Midlands | ||||||
| DYI 2LZ | ||||||
| REGISTERED | COMPANY | 02533622 (England | and Wales) | |||
| NUMBER | ||||||
| REGISTERED | CHARITY | 1002257 | ||||
| NUMBER | ||||||
| INDEPENDENT | EXAMINER | Folkes Worton LLP | ||||
| 15-17Church Street | ||||||
| Stourbridge | ||||||
| West Midlands | ||||||
| DY8 ILU | ||||||
| BANKERS | Handelsbanken | |||||
| Ground Floor, | ||||||
| 2 Trinity Court, |
||||||
| Broadlands, | ||||||
| Wolverhantpton | ||||||
| WV 106UH | ||||||
| SOLICITORS | FBCManby Bovvdler |
|||||
| 6-10George Street | ||||||
| Wolverhampton | ||||||
| WV2 dDN |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | f. | |||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 85,954 | 18,679 | 104,633 | 72,939 | |||
| Other trading activities |
1,234 | 974 | ||||||
| Inveshnent | income | 1,113 | 45 | |||||
| Total | 88 301 | 18,679 | 106980 | 73,958 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Charitable | activites | ~86 474 | 20313 | ~106787 | ~125238 | |||
| NET INCOME/(EXPENDITURE) | 1,827 | (1,634) | 193 | (51,280) | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought fortvard |
130,052 | 50,696 | 180,748 | 232,029 | |||
| TOTAL FUNDS CARRIED FORWARD | 131,879 | ~49 062 | 180,941 | 180,749 |
| Umestricted | Restricted | ||
|---|---|---|---|
| funds | funds | Total funds | |
| Brought fortvard - 968/I | 130,052 | 50,696 | 180,748 |
| Can ied forsvard | 128.411 | 52,338 | 180,749 |
| Difference | ~(I 641) | 1,642 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| limds | funds | funds | funds | |||
| Notes | f | I | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 50,696 | 50,696 | 52,332 | |||
| CURRENT ASSETS | ||||||
| Debtors | 12 | 3,100 | 3,100 | 3,800 | ||
| Cash at bank and in hand | 156,422 | 156,422 | 175,392 | |||
| 159,522 | 159,522 | 179,192 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 13 | (1,798) | (1,798) | (10,196) | |
| NET CURRENT ASSETS | 157,724 | 157724 | ~)68 996 | |||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 157,724 | 50,696 | 208,420 | 221,328 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one year |
14 | (27,479) | (27,479) | (40,579) | ||
| NET ASSETS | ~130245 | ~50696 | ~180941 | ~180749 | ||
| FUNDS | 15 | |||||
| Unrestricted funds |
131,880 | 128,411 | ||||
| Restricted funds |
49 061 | 52,338 | ||||
| TOTAL FUNDS | ~180941 | 180,749 |
| 2023 | 2022 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| Donations | 35,267 | 42,412 | |||||
| Other income | 69,366 | 30,527 | |||||
| ~I04 633 | ~72 | 939 | |||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 2023 | 2022 | ||||||
| f. | f | ||||||
| Fundmising | events | 1,234 | 974 | ||||
| 4. | INVESTMENT INCOME | ||||||
| 2023 | 2022 | ||||||
| 8 | f | ||||||
| Other participating | interests | 1,113 | 45 | ||||
| 5. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 6) I |
Totals | |||||
| Charitable | activites | ~104 349 | 2,438 | ~106 | 787 |
| 6. | SUPPORT | COSTS | |||||
|---|---|---|---|---|---|---|---|
| Goventance | |||||||
| Finance | costs | Totals | |||||
| f. | |||||||
| Charitable | activites | ~2120 | 318 | ~2438 | |||
| 7. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated alter charging/(crediting): | ||||||
| 2023 | 2022 | ||||||
| Depreciation | - owned assets | ~1636 | 1,635 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| I | I | ||||
| Wages and salaries | 85,627 | 90,084 | |||
| Social security costs | (5) | 1,564 | |||
| Other pension costs | 741 | 832 | |||
| 86,363 | |||||
| The average monthly | number ofemployees | during | the year was as follows; | ||
| 2023 | 2022 | ||||
| Charitable activities |
3 | 3 | |||
| Management and admin |
2 | 2 |
| Ib. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | ||||||
| f | f | |||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
48,342 | 24,597 | 72,939 | |||||
| Other trading activities |
974 | 974 | ||||||
| Investment income |
45 | 45 | ||||||
| Total | 49 361 | ~24 597 | ~73958 | |||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Charitable activites |
~99006 | ~26 232 | ~125238 | |||||
| NET INCOME/(EXPENDITURE) | (49,645) | (1,635) | (51,280) | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | fonvard | 178,056 | 53,973 | 232,029 | ||||
| TOTAL FUNDS CARRIED FORWARD | 128,411 | 52338 | 180749 | |||||
| 11. | TANGIBLE FIXEDASSETS | |||||||
| Fixtures | ||||||||
| Freehold | Long | and | ||||||
| property f |
leasehold | ftttings f |
Totals f |
|||||
| COST | ||||||||
| At 1 April 2022 and |
31 March 2023 | 81,768 | ~40 354 | 54,643 | 176,765 | |||
| DEPRECIATION | ||||||||
| At I April 2022 | 29,436 | 40,354 | 54,643 | 124.433 | ||||
| Charge for year | 1,636 | 1,636 | ||||||
| At 31 March 2023 | ~31 072 | ~40 354 | 54,643 | 126,069 | ||||
| NET BOOK VALUE | ||||||||
| At 31 March 2023 | ~50 696 | ~50696 | ||||||
| At 31 March 2022 | ~52 332 | 52,332 |
| 12. | DEBTORS:AMOUNTS | DEBTORS:AMOUNTS | DEBTORS:AMOUNTS | FALLIiVG DUE WITHIN ONE YEAR | FALLIiVG DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| I | |||||||
| Trade debtors | 2,220 | 2,525 | |||||
| Prepayments | 880 | 1 275 | |||||
| 3,100 | ~3800 | ||||||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2023 | 2022 | ||||||
| f | f. | ||||||
| Trade creditors | 1,064 | 1,845 | |||||
| Social security | and other | taxes | 734 | 1,039 | |||
| Accruals and deferred | income | 7,312 | |||||
| ~1798 | ~10 196 | ||||||
| 14. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN ONE YEAR | |||||
| 2023 | 2022 | ||||||
| f. | |||||||
| Accruals and deferred | income | 27,479 | 40,579 | ||||
| 15. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At I/4/22 | in funds | 31/3/23 | |||||
| f | |||||||
| Unrestricted | funds | ||||||
| General fund |
81,052 | 1,828 | 82,880 | ||||
| Designated Fund |
~49 000 | 49,000 | |||||
| 130,052 | 1,828 | 131,880 | |||||
| Restricted funds |
|||||||
| Property Fund |
50,696 | (1,635) | 49,061 | ||||
| TOTAL FUNDS | ~180748 | 193 | 180,941 |
| incoflllllg | Resources | Moventent | |||
|---|---|---|---|---|---|
| resources f |
expended f |
tll futlds | |||
| Uarestricted funds |
|||||
| General fund Get Set To Go |
85,660 ~264 1 |
(83,832) ~2,641) |
1,828 | ||
| 88,301 | (86,473) | 1,828 | |||
| Restricted funds |
|||||
| Propetty Fund |
(1,635) | (1,635) | |||
| Mind | 7,000 | (7,000) | |||
| Marathon | 4,500 | (4,500) | |||
| Deaf Community | 3,880 | (3,880) | |||
| Leeds BuildingSociety | 160 | (160) | |||
| Marks and Spencer | 2,175 | (2,175) | |||
| Fisher Trust Garden | 594 | (594) | |||
| Fisher Trust Children ASDA Children |
185 185 |
(185) ~(85) |
|||
| ~18679 | ~20,314) | ~t 635) | |||
| TOTAL FUNDS | ~106 980 | ~106,787) | 193 | ||
| Comparatives for moverucnt |
in funds | ||||
| Net | Transfers | ||||
| ntovement | between | At | |||
| At 1/4/21 | in funds | ftl ltd s | 31/3/22 | ||
| f | f | ||||
| Unrestricted funds |
|||||
| General fund |
109,556 | (49,645) | 10,500 | 70,411 | |
| Designated Fund |
68,500 | (10,500) | 58,000 | ||
| 178,056 | (49,645) | 128,411 | |||
| Restricted fends | |||||
| Property Fund |
53,973 | (1,635) | 52,338 | ||
| TOTAL FUNDS | 232,029 | ~5( 280) | ~180 749 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f | f | |||
| Unrestricted | funds | |||
| General I'und |
49,361 | (99,006) | (49,645) | |
| Restricted funds |
||||
| Propetrty Fund |
(1,635) | (1,635) | ||
| Dudley Active Minds |
7,796 | (7,796) | ||
| Morrisons | 711 | (711) | ||
| Mind | 523 | (523) | ||
| Marathon | 4,226 | (4,226) | ||
| Police Fund | 1,256 | (1,256) | ||
| Deaf Community | 1,120 | (1,120) | ||
| WM Project | 508 | (508) | ||
| Leeds BuildingSociety | 540 | (540) | ||
| H Porter | 250 | (250) | ||
| Mentor-Burtott | i'vlind | 617 | (617) | |
| Marks and Spencer Kathleen Allen |
1,825 5 225 |
(1,825) ~5,225) |
||
| 24,597 | ~26,232) | ~1,635) | ||
| TOTAL FUNDS | ~73958 | ~125238) | ~51 280) |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At I/4/21 | in funds | funds | 31/3/23 | |||
| f | f | f | ||||
| Unrestricted | funds | |||||
| Geneml | fund | 109,556 | (47,817) | 10,500 | 72,239 | |
| Designated | Fund | 68,500 | ~10,500) | 58,000 | ||
| 178,056 | (47,817) | 130,239 | ||||
| Restricted | funds | |||||
| Property | Fund | 53,973 | (3,270) | 50,703 | ||
| TOTAL | FUNDS |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| f | |||
| Unrestricted funds |
|||
| General fund Get Set To Go |
135,021 ~2641 |
(182,838) ~2,641) |
(47,817) |
| 137,662 | (185,479) | (47,817) | |
| Restricted funds |
|||
| Property Fund |
(3,270) | (3,270) | |
| Dudley Active Minds |
7,796 | (7,796) | |
| Morrisons | 711 | (711) | |
| M1lltl | 7,523 | (7,523) | |
| Marathon | 8,726 | (8,726) | |
| Police Fund | 1,256 | (1,256) | |
| Deaf Community | 5,000 | (5,000) | |
| tVM Project | 508 | (508) | |
| Leeds BuildingSociety | 700 | (700) | |
| H Potter | 250 | (250) | |
| Mentor-Burton Mind |
617 | (617) | |
| Marks and Spencer | 4,000 | (4,000) | |
| Kathleen Allen |
5,225 | (5,225) | |
| Fisher Trust Garden | 594 | (594) | |
| Fisher Trust Children ASDA Children |
185 185 |
(185) ~185) |
|
| 43,276 | ~46.546) | ~3,270) | |
| TOTAL FUNDS | ~180 938 | ~232 025) | ~51,087) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f. | ||||
| INCOME AND ENDOIVMENTS | ||||
| Donations and |
legacies | |||
| Donations | 35,267 | 42,412 | ||
| Other income | ~69366 | ~30 527 | ||
| 104,633 | 72,939 | |||
| Other trading | activities | |||
| Fundraising events |
1,234 | 974 | ||
| Investment income |
||||
| Other participating | interests | 1,113 | 45 | |
| Total incoming | resources | 106,980 | 73,958 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Wages | 85,627 | 90,084 | ||
| Social security | (5) | 1,564 | ||
| Pensions | 741 | 832 | ||
| Rates and water | (3,456) | 3,456 | ||
| Insurance | 2, 144 | 2,431 | ||
| Telephone | 3,410 | 3,476 | ||
| Postage and stationery | 1,345 | 1,373 | ||
| Sundries | 14,446 | 14,174 | ||
| Travelling | 97 | 1,466 | ||
| 104,349 | 118,856 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 483 | 534 | ||
| Freehold property |
1,635 | 1,635 | ||
| 2,120 | 2,169 | |||
| Governance | costs | |||
| Accountancy | and | legal fees | 318 | 4,213 |
| Total resources | expended | ~106787 | ~125 238 | |
| Nct income/(expenditure) | 193 | (51,280) |