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|||| |||Vauxhall
Road|||| |||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| |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| |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| |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|| |||34,044||32,354|| |Current liabilities|||||| |PAYE 8 NIC and
Accruals|wages
Note 5|19,793
992||6,514
413|| |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| |Furlough
for March 2021
Income from catering|||||0
0|2,629
840| ||||||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| ||||||992|1,297| |6. Specific grant (Restricted|||Fund)|||| |See Net Restricted|Funds|on|page 5|261,605||276,537| |7. Investment
income||||||| |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|||||| |This relates to Catering|||||| ## ##