2023-03-31-accounts

Governing	Instrument:	Deed ofTrust Charity Co	mmission reference 10
Committee	members:	P.Wright	Chairperson
		N.James	Treasurer
		M.Campbell	Project Manager
		R. Brown	Secretary
Principal Address:		Ashted Hamlet
		Vauxhall Road
		Birmingham
		874HT

Independent	Examiner:	D.Thomas	8	Co
		Chartered	Certified Accountants
		35Westhouse		Grove
		Kings Heath
		Birmingham
		B146PS

					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
							2023	2022
Incoming Resources								E
Donations and Legacies				Note 10			0	0
Income resources from	charitable		activities:
Birmingham City Council					0		0	18,359
Pendrell Trust					6,160		6,160	16,758
Heating and Lighting					0		0	264
Investment Income				Note 7	14		14	80
Catering income					28,208		28,208	10,183
Total incoming resources					34,382	0	34,382	45,644
Resources expended
Cost ofgenerating funds:
Cost of generating voluntary		income		Note 11
Charitable activities				Note 9	52,913	0	52,913	60,575
					52,913	0	52,913	60,575
Total resources expended					52,913	0	52,913	60,575
Fund balances brought	forward				-39,979	301,584	261,605	276,536
Deficit for the year					-18,531	2,772	-18,531	-14,931
Fund balances carried	forward				-58,510	304,356	243,074	261,605

			ACE Resource	Centre
			Balance Sheet
			as at 31 March	2023
				2023		2022
				f.
Fixed assets		Note 2	244,875			248,346
Current assets
Bank			16,144		20,382
Deposit			1'l,674		11,660
Cash			0		0
Prepayments		IVote 4	2,682		2,002
			30,500		34,044
Current liabilities
PAYE 8 NIC and wages			31,302		19,793
Accruals		Note 5	999		992
Deferrred	income		0		0
			32,301		20,785
Net current assets			-1,801			13,259
Net assets			243,074			261,605
Funds
Restricted		IVote 6	261,605			301,584
Unrestricted			-18,531			-39,979
			243,074			261,605

assets: Fixtures and Fittings - 10% - WDV Motor Vehicles - 25% - WDV Freehold premises - 1%- SL			g
2. Tangible Fixed Assets	Motor	Fixtures	Freehold
	Vehicles	8 Fittings	Premises	Total
	f.	R	f.	f.
Cost
At 1 April 2022	0	24,213	277237	301,450
Additions	0	0	0	0
Disposal	0	0	0	0
At 31 March 2023	0	24,213	277,237	301,450
Depreciation
At 1 April 2022	0	17,226	35,878	53,104
Charge for the year	0	699	2,772	3,471
Elimination on disposal	0	0	0	0
At 31 March 2023	0	17,925	38,650	56,575
Net Book Value 31 March 2023		6,288	238,587	244,875
Net Book Value 31 March 2022	0	6,987	241,359	248,346

		ACE Resource Centre	ACE Resource Centre
	Notes	to the Accounts for the year ended 31 INarch 2023
4. Prepayments			2023	2022
				f.
Rates			313	0
Premises insurance			2,324	1,980
Motor expenses			0	0
Telephone			45	24
Furlough for March	2021		0	0
Income from catering			0	0
			2,682	2,004
5. Accruals
Audit and accountancy			900	900
Electricity and Gas			0	0
Telephone			65	56
Rates			34	36
Cost of rebuild ofAshted		Hamlet	0	0
			999	992
6. Specific grant	(Restricted Fund)
See Net Restricted	Funds	on page 5	243,074	261,605
7. Investment income
Rental income			0	0
interest receivable			14	80
			14	80

9. Analysis ofexpenditure	9. Analysis ofexpenditure	on charitable	activities	Restricted	Total
			Unrestricted	2023	2023	2022
Salaries 8 Employer's	NIC		32,968		32,968	43,042
Catering Rent and rates			0 842		0 842	1,934 952
Lighting and heating Insurance			5,309 2,843		5,309 2,843	2,452 2,470
Stationery, postage 8	advertising		0		0	208
Repairs and maintenance Telephone			1,009 1,242		1,009 1,242	3,432 1,464
Travelling expenses			0		0	57
Cleaning 8 incidental	expenses		144		144	116
Depreciation Professional charges			3,471 900		3,471 900	3,549 900
			48,728	0	48,728	60,576