2021-03-31-accounts

Board		Mr SW Morgan (Chairman)
		MrJS Martin
		Mr PS Higman
		Ms P C Shepherd
		DrA Passmore
		Ms EA Millet
		Mr SSharma
		Ms Caroline Naven
		Mr David Kinnair
		Ms D Harris
Secretary		Ms Amanda Trappett
Charity number		1037430
Company	number	02919404
Registered	office	112Moseley Street
		Highgate
		Birmingham
		West Midlands
		B12ORY

			Page
Board report			1-4
Statement ofBoard responsibilities
Independent examiner's report
Statement offinancial	activities
Summary income and	expenditure	account
Balance sheet			9-10
Statement ofcash flows
Notes to the financial	statements		12-21

	Headline Social Housing Cost R	Headline Social Housing Cost R
	Management cost for social	ousing	N/A	anagement cost for socia		N/A
	nd hostel accommodation	are not		housing and hostel
	cparately identified.			ccommodation are	not
				eparately identified.
	perating argin (socia	housing
	lettings) %
	urplus attributable to social housing		N/A	urplus attributable	to social	N/A
	not separately identified.			ousing not separately
				de ntified.
6b	perating Margin (overall)	%	10.7%	perating margin reduced		143%
				ue to the impact of	COVID
	Return on Capital Employed %		24 0%	Return on capital employed		39.8%
				educed due to the impact of
				OVID

			Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			funds		funds		funds	funds
		Notes	2021		2021 R	2021	2020 f	2020	2020f
In m n ed	mn	frm'
Donations and legacies		2	18,816		106,526	125,342	15,693	109,141	124,834
Charitable activities		3	695,701			695,701	649,715	-	649,715
Other income			1,635			1,635	2,110		2,110
Total income			716,152		106,526	822,678	667,518	109,141	776,659
Ul '
Charitable activities		5	667,585		67,266	734,851	598,896	66,687	665,583
Net income for the	year/
Net movement in funds			48,567		39,260	87,827	68,622	42,454	111,076
Fund balances at 1
April 2020			175,422	'	103,327	278,749	106,800	60,874	167,674
Fund balances at 31
March 2021			223,989		142,587	366,576	175,422	103,328	278,750

		2021	2020
Gross income		822,678	776,659
Total expenditure	from income funds	(734,851)	665,583
Net income for	the year	87,827	111,076

					2021		2020
				Notes	K
Fixed assets
Tangible assets				9		224,883		202,362
Grants				10		(150,273)		(142,050)
						74,610		60,312
Current assets
Debtors					27,333		15,302
Cash at bank and		in	hand		333,179		252,466
					360,512		267,768
Creditors:	amounts		falling due within
one year				12	(68,546)		(49,330)
Net current	assets					291,966		218,438
Total assets less		current liabilities				366,576		278,750
Income funds
Restricted	funds			13		142,587		103,328
Unrestricted	funds
Designated	funds			14	16,445		39,647
General unrestricted			funds		207,544		135,775
						223,989		175,422
						366,576		278,750

				2021		2020
			Notes	f		f
Cash flows from operating		activities
Cash generated	from operations				115,971		138,596
Investing activities
Purchase oftangible fixed assets				(43,481)		(37,886)
Release of grant				8,223		21,780
Net cash used	in investing	activities			(35,258)		(16,106)
Net cash used	in financing	activities
Net increase in	cash and cash equivalents				80,713		122,490
Cash and cash equivalents		at beginning	ofyear		252,466		129,976
Cash and cash	equivalents	at end of	year		333,179		252,466

		Rental	Service	Rent and	Total	Total
		income	charges	service	2021	2020
				charges
				losses from
				voidsf
Charitable	activities	647,426	80,662	(32,387)	695,701	649,715

				Unrestricted	Unrestricted
				funds	funds
				2021	2020f
Laundry	and	miscellaneous	income	1,635	2,110

		2021	2020
Staff costs		489,541	424,486
Rent and rates		69,736	74,123
Insurance		9,320	8,008
Light and heat		29,575	30,226
General repairs	and maintenance	17,045	23,724
Cyclical maintenance		10,023	8,223
Equipment maintenance		12,000	6,793
Motor and travel	expenses	505	46?
General admin expenses		11,725	12,030
Housing costs		10,095	9,909
Training and recruitment		2,143	2,907
Fundraising and	publicity	13,638	12,081
Consumables		22,496	25,058
Release ofgrant	income	(14,305)	(12,727)
Depreciation		20,960	23,166
Bad debts		20,696	11,761
Other charitable	expenditure	9,658	5,348
		734,851	665,583
		734,851	665,583
Analysis by fund
Unrestricted funds		667,585	598,896
Restricted funds		67,266	66,687
		734,851	665,583

			2021	2020
			Number	Number
Direct charitable		activities	21	21
Administration			3	3
Total			24	24
Employment	costs		2021	2020f
Wages and salaries			445,820	386,160
Social security		costs	30,977	23,644
Other pension	costs		12,744	14,682
			489,541	424,486

Tangible fix	ed asset	s
			Leasehold	Fixtures,	Total
			improvements	fittings &
				equipment
Cost
At 1 April 2020			291,061	210,276	501,337
Additions			23,307	20,174	43,481
At 31 March	2021		314,368	230,450	544,818
Depreciation	and impairment
At 1 April 2020			167,455	131,520	298,975
Depreciation	charged	in the year	10,516	10,444	20,960
At 31 March	2021		177,971	141,964	319,935
Carrying amount
At 31 March	2021		136,397	88,486	224,883
At 31 March	2020		123,605	78,757	202,362

Cost or valuation
At 1 April 2020	(142,050)
Additions	(22,528)
Released	14,305
At 31 March 2021	(150,273)
Carrying amount
At 31 March 2021	(150,273)
At 31 March 2020	(142,050)

Debtors	Debtors
Amounts falling due		within one year:	2021f	2020f
Trade debtors			17,118	7,750
Prepayments	and accrued income		10,215	7,552
			27.333	15,302
Creditors: amounts		falling due within one year
			2021f	2020
Other taxation	and social security		8,299	6,908
Trade creditors			14,361	2,174
Other creditors			31,112	28,809
Accruals and	deferred	income	14,774	11,439
			68,546	49,330

		Movement	in funds		Movement	in funds
	Balance at	Incoming	Resources	Balance at	Incoming	Resources		Balance at
	1April 2019		expended K	1 April 2020	R	expended	31	March 2021 f
Courtyard
project	600	3,550	(2,795)	1,355	12,435	(4,078)		9,712
Support staff
salaries	46,739	98,622	(58,433)	86,928	92,791	(62,995)		116,724
Pet Support	342			342	300			642
Window
Restoration	100			100				100
Park View	149			148				148
Move on
residents	1,380		(60)	1,320		(70)		1,250
Arts &Crafts	1,814	6,969	(5,400)	3,384	1,000	(123)		4,261
Bond
Scheme	9,750			9,750				9,750
	60,874	109,141	(66,688),	103,327	106,526	(67,266)		142,587

				Movement	in funds
			Balance at	Incoming	Resources	Balance at	Resources	Balance at
		1	April 2019	resources	expended	1April 2020	expended	31 March 2021
					R	R
Cyclical	maintenance		39,647	8,223	(8,223)	39,647	(23,202)	16,445
			39,647	8,223	(8,223)	39,647	(23,202)	16,445

15	Analysis of	net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			2021	2021	2021	2020	2020	2020
							E	P
	Fund balances at 31
	March 2021	are
	represented	by:
	Tangible assets		224,883		224,883	202,362		202,362
	Grants		(150,273)		(150,273)	(142,050)		(142,050)
	Current assets/
	(liabilities)		149,379	142,587	291,966	115,111	103,327	218,438
			223,989	142,587	366,576	175,423	103,327	278,750

under non-cancellable operating leases, which fall due	as follows:
	2021	2020
Within one year	50,000	50,000
Between two and five years	50,000	100,000
	100,000	150,000

19	Cash generated from	operations	operations		2021	2020
						R
	Surplus for the year				87,827	111,076
	Adjustments for:
	Depreciation and impairment		oftangible	fixed assets	20,959	23,167
	Movements in working	capital:
	(Increase) in debtors				(12,031)	(1,103)
	Increase in creditors				19,216	5,456
	Cash generated from	operations			115,971	138,596
20	Analysis ofchanges	in net	funds
	The charity had no debt during the year.