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|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|
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||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||||
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|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|
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|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|
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||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|
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|||||||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|
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||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|||
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|||||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|
##
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|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|
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