ACE Resource Centre Report and Accounts Year ended 31 March 2022
| General inf | ormation | Year ended | Year ended | 31 March 2022 | |
|---|---|---|---|---|---|
| Governing | Instrument: | Deed of Trust | Charity Commission | reference 1007395 | |
| Committee | members: | P.Wright | Chairperson | ||
| N.James | Treasurer | ||||
| M.Campbell | Project Manager | ||||
| R. Brown | Secretary | ||||
| Principal Address: | Ashted Hamlet |
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| Vauxhall Road |
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| Birmingham | |||||
| B74HT | |||||
| Independent | Examiner: | D.Thomas | 8 Co | ||
| Chartered | Certified Accountants | ||||
| 35Westhouse | Grove | ||||
| Kings Heath | |||||
| Birmingham | |||||
| B146PS | |||||
| Bankers: | Lloyds Bank | ||||
| Long Acre | |||||
| Birmingham |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||
| 2022 | 2021 | ||||||
| Incoming Resources | E | ||||||
| Donations and Legacies Income resources from charitable |
Note 10 activities: |
0 | 2,104 | ||||
| Birmingham City Council Job Retention Income Heating and Lighting |
18,359 16,758 264 |
0 0 0 |
18,359 16,758 264 |
15,670 31,144 0 |
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| Investment Income |
Note 7 | 80 | 0 | 80 | 80 | ||
| Catering income Total incoming resources |
10,183 45,644 |
0 0 |
10,183 45,644 |
0 48,998 |
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| Resources expended | |||||||
| Cost ofgenerating funds: |
|||||||
| Cost ofgenerating voluntary |
income | Note 11 | |||||
| Charitable activities |
Note 9 | 60,575 | 0 | 60,575 | 46,524 | ||
| Total resources expended | 60,575 60,575 |
0 0 |
60,575 60,575 |
46,524 46,524 |
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| Fund balances brought forward Deficit for the year Fund balances carried forward |
-22,276 -17,703 -39,979 |
298,812 2,772 301,584 |
276,536 -14,931 261,605 |
274,062 2,474 276,536 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f: | |||||
| Fixed assets | Note 2 | 248,346 | 251,109 | ||
| Current assets | |||||
| Bank Deposit Cash Prepayments |
Note 4 | 20,382 11,660 0 2,002 |
15,472 11,580 0 5,302 |
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| 34,044 | 32,354 | ||||
| Current liabilities | |||||
| PAYE 8 NIC and Accruals |
wages Note 5 |
19,793 992 |
6,514 413 |
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| Deferrred income |
0 | 0 | |||
| Net current assets Net assets |
20,785 | 13,259 261,605 |
6,927 | 25,427 276,536 |
|
| Funds | |||||
| Restricted Unrestricted |
Note 6 | 301,584 -39,979 |
298,812 -22,276 |
||
| 261,605 | 276,536 |
| 2 | ||||
|---|---|---|---|---|
| . Tangible Fixed Assets | Motor | Fixtures | Freehold | |
| Vehicles | &Fittings | Premises | Total | |
| Cost | ||||
| At 1 April 2021 Additions |
0 0 |
23,428 785 |
277237 0 |
300,665 785 |
| Disposal At 31 March 2022 Depreciation |
0 0 |
0 24,213 |
0 277,237 |
0 301,450 |
| At 1 April 2021 Charge for the year Elimination on disposal At 31 March 2022 |
0 0 0 0 |
16,450 776 0 17,226 |
33,106 2,772 0 35,878 |
49,556 3,548 0 53,104 |
| Net Book Value 31 March 2022 | 0 | 6,987 | 241,359 | 248,346 |
| Net Book Value 31 March 2021 | 0 | 6 978 | 244 131 | 251,109 |
| ACE Resource Centre | ||||||
|---|---|---|---|---|---|---|
| 4. Prepayments | Notes | to the Accounts for the year ended | 31 March 2022 2022 |
2021 | ||
| Rates Premises insurance Motor expenses Telephone |
0 1,980 0 24 |
0 1,810 0 24 |
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| Furlough for March 2021 Income from catering |
0 0 |
2,629 840 |
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| 2,004 | 5,303 | |||||
| 5. Accruals | ||||||
| Audit and accountancy Electricity and Gas Telephone Rates Cost of rebuild ofAshted |
Hamlet | 900 0 56 36 0 |
900 88 162 147 0 |
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| 992 | 1,297 | |||||
| 6. Specific grant (Restricted | Fund) | |||||
| See Net Restricted | Funds | on | page 5 | 261,605 | 276,537 | |
| 7. Investment income |
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| Rental income | 0 | 0 | ||||
| Interest receivable | 80 | 80 | ||||
| 80 | 80 |
| 9. Analysis ofexpenditure | on charitable | activities | Restricted | Total | |
|---|---|---|---|---|---|
| Unrestricted | 2022 | 2022 | 2021 | ||
| Salaries & Employer's NIC Catering Rent and rates Lighting and heating Insurance Stationery, postage 8 advertising Repairs and maintenance Telephone Travelling expenses Cleaning 8 incidental expenses Depreciation Professional charges |
0 0 0 0 0 0 0 0 0 0 0 0 |
43,042 1,934 952 2,452 2,470 208 3,432 1,464 57 116 3,549 900 |
43,042 1,934 952 2,452 2,470 208 3,432 1,464 57 116 3,549 900 |
36,951 0 9 1,359 2,248 0 408 1,600 0 70 3,547 350 |
|
| 0 | 60,576 | 60,576 | 46,524 | ||
| 10. Donations and legacies |
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| This relates to Catering |