| Page | |||
|---|---|---|---|
| Reference and administrative information |
|||
| Report ofthe Trustees | dh Directors | 3 to 9 | |
| independent Examiner's |
Report | 10 —11 | |
| Statement ofFinancial | Activities | 12 | |
| Balance Sheet | 13 | ||
| Notes to the Financial | Statements | 14to 18 |
| Report to | Report to | the | |||||
|---|---|---|---|---|---|---|---|
| trustees/directors/ | members | North Smethwick Development Trust |
|||||
| of | |||||||
| On accounts | for the year | 31"'March 2023 | |||||
| ended | |||||||
| Charity no.: 103530S Company no.: |
02736636 | ||||||
| I report to the charity trustees on my examination ofthe accounts ofthe Company |
|||||||
| for the year ended 31/03/2023. | |||||||
| Responsibilities | and basis | As the charity's trustees ofthe Company (who are also the |
directors ofthe company | ||||
| ofreport | for the purposes ofcompany law), you are responsible for |
the preparation ofthe |
|||||
| accounts in accordance with the requirements ofthe Companies Act 2006 ("the 2006 |
|||||||
| Act"). | |||||||
| Having satisfied myself that the accounts ofthe Company | are not required to be | ||||||
| audited for this year under Part 16ofthe 2006 Act and are | eligible for independent | ||||||
| examination, Ireport in respect ofmy examination ofyour |
charity's accounts as |
||||||
| carried out under section 145ofthe Charities Act 2011 ("the 2011Act"). In | |||||||
| carrying out my examination, I have followed the Directions |
given by the Charity | ||||||
| Commission (under section 145(5)(b)ofthe 2011Act. |
|||||||
| The company's gross income exceeded f250,000and Iam |
qualitied to undertake | the | |||||
| Independent | examiner's | examination by being a qualified member ofACMA. |
|||||
| statement | |||||||
| Ihave completed my examination. Iconfum that no material |
matters have come to | ||||||
| my attention which gives me cause to believe that: |
|||||||
| accounting records were not kept in accordance with section 386ofthe Companies |
|||||||
| Act 2006; or | |||||||
| the accounts do not accord with such records; or | |||||||
| the accounts do not comply with relevant accounting requirements under section |
|||||||
| 396ofthe Companies Act 2006 other than any requirement |
that the accounts give | a | |||||
| 'true and fair' view which is not a matter considered as part | ofan independent | ||||||
| examination; or |
|||||||
| the accounts have not been prepared in accordance with the |
Charities SORP | ||||||
| (FRS102). | |||||||
| Ihave 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 ofthe accounts to be reached. |
|||||||
| Date: | 22/11/23 | ||||||
| Signed: | |||||||
| Name: | Jasbir Rai |
| for the year ended 31stMa | rch 2023 | |||||
|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Notes | g | 8 | ||||
| INCOME: | ||||||
| Donations and legacies |
80 | 80 | 1,479 | |||
| Income from Trading activities |
120,226 | 120,226 | 85,797 | |||
| Income from charitable achvities |
||||||
| Grants Receivable | 61,203 | 109,029 | 170,231 | 95,839 | ||
| TOTAL INCOME | 181,508 | 109,029 | 290,537 | 183,115 | ||
| EXPENDITURE t | ||||||
| Expenditure on Charitable |
Activities | 198,414 | 73,869 | 272,283 | 248,650 | |
| TOTAL EXPENDITURE | 198,414 | 73,869 | 272,283 | 248,650 | ||
| NET INCOME/(EXPENDITURE) | ||||||
| BEFORETRANSFERS | -16,907 | 35,160 | 18,254 | -65,535 | ||
| Gross Transfers between funds |
7,480 | -7,480 | ||||
| NET INCOME/(EXPENDITURE) | -9,427 | 27,680 | 18,254 | -65,535 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds beught forward | 24,317 | 7,734 | 32,051 | 97,586 | ||
| TOTAL FUNDS CARRIED | FORWARD | 4. | 3 414 | 50,305 | 32,051 |
| Balance Sheet As at 31stMarch 2023 |
||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Notes | ||||
| CURRENT ASSETS | ||||
| Debtors | 7,708 | 6408 | ||
| Cash at bank and in hand | 6 | 90,596 98,305 |
74,943 81,451 |
|
| CREDITORS | ||||
| Amounts falling due within one year |
||||
| 7 | ~3800 | 0 | ||
| NET CURRENT ASSETS | 94,505 | 81,451 | ||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 94,505 | 81,45'I | |
| LIABILITIES amounts | falling due after more than one year | |||
| Loan | 44,200 | 49,400 | ||
| NET ASSETS | 50405 | 32,051 | ||
| FUNDS | ||||
| Unrestricted funds |
14,890 | 24,317 | ||
| Restricted | 35,414 | 7,734 | ||
| TOTAL FUNDS | 50305 | 32,051 |
| 2023 | 2022 | |
|---|---|---|
| Car Park Income | 21,817 | 14,034 |
| Brass House Pantry | 6,237 | 7,945 |
| Room Hme | 46,161 | |
| Other Income | 46,010 | 63,818 |
| 120,226 | 85,797 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| g | |||||||
| Wages | and | salaries | including | National | lnswance | 126,703 | 126,642 |
| Management | and Administration |
|---|---|
| Play worker- | Casual StafF |
| Car park staff | - Casual stafF |
| 2023 | 2022 | ||
|---|---|---|---|
| 13 | 13 |
| 2023 | 2022 | |
|---|---|---|
| 8 | ||
| Trade Debtom | 7,708 | 6,115 |
| Prepayments | 0 | 393 |
| Total Debtors | 7,708 | 6,508 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| I | ||||
| Loan | 2600 | 0 | ||
| lndependent | bxaminationFe | 1200 | ||
| Other Credhtors | 0 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 8 | |||||
| Current | Assets | 59,091 | 35,414 | 94,505 | 81,451 |
| Current | Liabilities | -3,800 | -3,800 | 0 | |
| Long Term Liabilities | -40,400 | -40,400 | -49,400 | ||
| 14,890 | 35,414 | 50,305 | 32,051 |
| 0 MOVRMRNf IN PONDS |
|||||||
|---|---|---|---|---|---|---|---|
| Mavemeat | ln | Fuads | |||||
| Incoming | Outgoing | Closiem | |||||
| Resources | Resources | Tnuufors | Balance | ||||
| f. | 5 | f. | |||||
| Umeslricmd Pmuls |
|||||||
| Cental Fund |
-134,972 | 7,480 | -127,492 | ||||
| BLCCCommercial | 159289 | 181 508 | 198,414 | 142382 | |||
| Total Uaresa Icted Rcservm | 24/17 | tgt+M | 190,414 | 7,4M | 14,MS | ||
| Reslrhted Bands | |||||||
| SMBCTowns grant | 113 | 113 | 0 | ||||
| SMBC Summer play | 1,756 | 1,756 | 0 | ||||
| Cycling UK | 663 | 750 | 0 | ||||
| AAH Bnushoum Paaby |
203 | 203 | 0 | ||||
| Arnold Clmke - Community Cmcdve BlackCo~ |
Fmd | 527 2,000 |
463 1,200 |
0 0 |
|||
| Team Bagfo Hfe Covtd 19 | 15 | 15 | 0 | ||||
| SMBC - HAP | 25,340 | 18,542 | M,798 | 0 | |||
| SMBC - Purclme ofequipme | I | 17 | 0 | -17 | 0 | ||
| Haut ofUngland Cm 4response | 766 | 766 | 0 | ||||
| SMBC - Pallet project | 195 | 195 | 0 | ||||
| Barly Years | 1.479 | 1,479 | 0 | ||||
| Arnold Clarke- Volunleertng | 1,000 | 1,074 | 74 | 0 | |||
| School fcrSocial Fnketacmurs | 35,000 | 22,199 | 12,801 | ||||
| SMBC - YLP | 2,536 | 2,536 | 0 | ||||
| Main Grants - NLCF | 10,000 | 5,555 | 4,445 | ||||
| Action Against Bungs Te dmaem |
10,700 | 10,702 | 38 | 36 | |||
| Black Country Consortium |
8,100 | 796 | 7,304 | ||||
| SCVO - Warm Hub Gnml | 5,000 | 5,000 | 0 | ||||
| The Granlham Yo ke Ttmt | 1,000 | 0 | 1,000 | ||||
| Church Actin Gmup |
1,353 | 0 | 1,353 | ||||
| Neighbocrty/Aldi Winter Fmd |
1,000 | 0 | 1,000 | ||||
| Heart ofEaglen4 Harbome Pmtsh Lusts Total Resbicled Resmves Total Reserves |
~7734 32 051 |
5,000 ~3000 ~tgp 29 ~290 36 |
0 522 ~73 9 ~77283 |
~7480 0 |
5,000 ~r478 ~35 14 ~SO S |