2021-12-31-accounts

Reference and Administrative	Details
Chief Executive Officer's Summary
Chairperson's Statement
Trustees' Report		4 to 6
Independent Auditors' Report		7to 10
Statement ofFinancial Activities		11 to 12
Balance Sheet		13
Statement ofCash Flows		14
Notes to the Financial Statements		15to 32

Trustees			M LKite,	Chairperson	Chairperson
			R D Langford
			H E Oliver
			M 1 Shields
Chief Executive Officer			SRoberts
Charity Registration		Number	1048645
Company	Registration	Number	03084746
			The charity	is incorporated			in England	&Wales.
Registered	Office		5 Landau Court
			Tan Bank
			Wellington
			Telford
			TF1 1HE
Auditor			CBSLAccountants		Limited
			Chartered	Accountants		and	Statutory	Auditors
			Rowan House North
			1 The Professional		Quarter
			Shrewsbury	Business		Park
			Shrewsbury
			Shropshire
			SY26LG

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note
Income and Endowments		from:
Donations, legacies	and grants			29,842	2,689,489	2,719,331
Charitable activities				2,257,755		2,257,755
Inveshnent income				2,078		2,078
Other income				514		514
Total income				2,290,189	2,689,489	4,979,678
Expenditure on: Charitable activities			7	~2,267,7327	(2,611,415)	(4,872,547)
Total expenditure				~62,267,732	(2,611,415)	4,872,547
Net income Transfers between	funds			29,057 ~624,776	78,074 24,710	107,131
Net movement in funds				4,347	102,784	107,131
Reconciliation offunds
Total funds brought	forward			703,923	391,308	1,095,231
Total funds carried	forward		20	708,270	494,092	1,202,362

				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations, legacies	and grants			15,993	2,570,058	2,586,051
Charitable activities				1,346,156		1,346,156
Investment income				2,920		2,920
Other income				9,632		9,632
Total income				1,374,701	2,570,058	3,944,759
Expenditure on: Charitable activities				(1,180,480)	(2.553.263)	~(3,733,743
Total expenditure				(1,180,480)	(2,553,263)	(3,733,743)
Net income				194,221	16,795	211,016
Transfers between	funds			(123,043)	123,043
Net movement in funds				71,178	139,838	211,016
Reconciliation offunds
Total funds brought	forward			632,745	251,470	884,215
Total funds carried	forward		20	703,923	391,308	1,095,231

		Balan	ce Sheet as at3	1December 20	21
				Note	2021	2020f
irised assets
Tangible assets				15	372,899	365,793
Current assets
Debtors				16	526,931	405,929
Cash at bank	and in hand
Creditors: Amounts		falling due within	one year		1,569,413 ~79.»	1,125,224 395,786
Net current	assets				829 4	729,438
Net assets						1,095,231
Funds ofthe	charity:
Restricted income funds
Restriclcd funds				20	494,092	391,308
Unrestricted Unrestricted	Income funds	funds			708»»0 .927
Total funds

		Note	2021 f.	2020f
Cash flows from operating activities
Net cash income			107,131	211,016
Adjustments to cash flows from non-cash	iteins
Depreciation Investment income		5	2,113 ~2,0783	4,721 ~2,920
			107,166	212,817
Working capital adjustments
Increase in debtors		16	(121,002)	(49,406)
Increase in creditors Increase/(decrease) in deferred income		18	291,210 52,954	98,835 ~767.344
Net cash flows fi'om operating activities			330,328	194,902
Cash flows from investing activities
Interest receivable and similar income		5	2,078	2,920
Purchase oftangible fixed assets Net cash flows Irom investing activities		15	7e9. 2213 9~7 ~7,3433	2,920
Net increase in cash and cash equivalents			323,187	197,822
Cash and cash equivalents at I January			719,295	521,473
Cash and cash equivalents at 31 December			1,042,482	719,295

Asset class	Asset class	Depreciation	method	and rate
Freehold	property	Not depreciated
Computer	equipment	25%straight	line

				Unrestricted
				funds	Restricted	Total	Total
				General g	funds	2021	2020f
Donations	and legacies;
Donations		&om	individuals	404		404
Grants, including			capital grants;
Government		grants		29,438		29,438	15,593
Grants	kern other charities				2,689,489	2,689,489	2,570,458
				29,842	2,689,489	2,719,331	2,586,051

									2021	2020
BBOShropshire									1,018,329	1,055,705
BBOHerefordshire									647,911	724,030
ESFCommunity Grants									510,397	277,294
Construction Skills Fund			(CSFi						233,152	224,201
Individual Placement	and		Support (IPSl						133,703	135,090
Building Shropshire									53,179
Staffordshire Expanding			Opportunities		Project				50,000	13,913
BBOEvolve									24,045	75,347
Armed Forces Covenant									11,083
John Lewis Project									4,750
Chrsitmas Food and Essential				Items Project					2,940
COVID-19 Emergency		Fund								41,066
Royal British Legion										19,412
The Screwfix Foundation										4,000
Other grants —unrestricted										400
									2,689,489	2,570,458
4 Income from charitable				activities
								Unrestricted
								funds	Total	Total
								General	2021	2020
Supported employment			services					2,257,755	2,257,755	1,346,156
Supported employment		services income				is analysed	as follows:
									2021	2020
								Note
Supported employment		services provided							2,244,611	1,339,166
Sale ofgoods Iseivices		made		or provided		by the beneficiaries		ofthe
charity									13,144	6,990
									2,257,755	1,346,156

			Unrestricted
			funds	Total	Total
			General	2021	2020
Interest receivable	and similar income;
Interest receivable		on bank deposits	2,078	2,078	2,920

Unrestricted
funds	Total		Total
General	2021		2020
f
			8,097
514		514	1,535
514		514	9,632

7 Expen	d	itu	re on charita	ble activitie	s
					Unrestricted
							Total	Total
					General	Restricted	2021	2020
				Note
Supported		employment
services					290,717	29,077	319,794	166,771
Depreciation,
amortisation			and other
similar costs					2,113		2,113	4,721
Grant funding			of
activities					693,101	],219,689	1,912,790	1,504,610
Staff costs					807,843	1,239,719	2,047,562	1,648,884
Allocated	support costs				370,458	120,449	490,907	308,424
Governance		costs			96,900	2,481	99,381	100,333
					2,261,132	2,611,415	4,872,547	3,733,743

					Unrestricted
					funds	Restricted	Total	Total
					General	funds	2021	2020f
Delivery costs					7,88]	743	8,624	9,888
Subcontractor		costs			211,710	1,227	212,937	84,492
Beneficiary	costs				29,382	12,064	41,446	26,168
Cafe and salon		purchases			9,858	537	10,395	5,440
Stafftraining					4,472	915	5,387	3,624
Stafftravel	expenses				23,524	5,191	28,715	26,599
Volunteer	training		and expenses		1,010		1,010	809
Monitoring	and evaluation			costs	2,880	8,400	11,280	9,751
					290,717	29,077	319,794	166,771

Charitable	ac	tivities - analysis ofal	located support costs
			Unrestricted
					Total	Total
			General	Restricted	2021	2020
Rent, rates	and	water	53,478	40,498	93,976	52,459
Insurance			6,842		6,842	3,631
Telephone	and	internet	17,482	6,889	24,371	21,058
Other premises		expenses	116,237	9,658	125,895	67,707
Equipment	hire		7,604	3,517	11,121	11,341
Other office costs			32,762	5,926	38,688	25,298
Computer costs			47,347	25,522	72,869	71,465
Subscriptions		and memberships	22,970	25,541	48,511	24,273
Marketing	costs		34,725	2,288	37,013	16,401
Professional	fees		18,309	610	18,919	3,488
Donations			329		329	150
Bank charges			1,432		1,432	953
Bad debt write		off	10,941		10,941	10,200
			370,458	120,449	490,907	308,424

				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2021	2020
Staff costs
Wages and salaries				67,982		67,982	76,027
Social security costs				5,694		5,694	6,266
Pension	costs			1,314		1,314	1,340
Audit fees
Audit ofthe financial		statements		3,633		3,633	3,300
Allocated	support costs			18,277	2,481	20,758	13,400
				96,900	2,481	99,381	100,333
The allocated support cost is analysed			as	follows:
						2021	2020
					Note
Other office costs						18,804	13,092
Legal and	professional	fees and HR costs				1,954	308
						20,758	13,400

Analysis of	grants	grants
			Grants to	institutions
			2021	2020
			f.
Analysis
BBOShropshire			461,836	449,594
BBOHerefordshire			323,306	368,364
Construction	Skills Fund			135,350
IN2 Programme			693,101	311,745
ESFCommunity		Giants	434,547	239,557
			1,912,790	1,504,610

The aggregate payro	ll costs	were as follows;
				2021	2020
Staff costs during	the year	were:
Wages and salaries				1,927,896	1,574,996
Social security costs				161,486	130,205
Pension costs				33,105	27,3]6
Other staff costs				65
				2,122,552	1,732,517
				2021	2020
			Note	g	f
Direct staff costs				1,372,635	903,669
Support staff costs,	including	governance		749,917	828,848
				2,122,552	1,732,517

year was as foll	ows;
		2021		2020
		No		No
Direct charitable	work staff		47		54
Administrative	staff		39		27
					81

12 Net incom	ing/outgoing resources
Net incoming	resources for the year include:
		2021	2020
Operating leases - plant and machinery		11,120	11,340
Audit fees		3,633	3,300
Depreciation	offixed assets	2, 113	4,721
13 Auditors'	remuneration
		2021	2020
Audit ofthe	financial statements	3,633	3,300

15 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 January 2021	361,3]7	18,886	380,203
Additions	9,219		9,219
At 31 December 2021	370,536	18,886	389,422
Depreciation
At 1 January 2021		14,410	14,410
Charge for the year		2,113	2,113
At 31 December 2021		16,523	16,523
Net book vatue
At 31December 2021	370,536	2,363	372,899
At 31December 2020	361,317	4,476	365,793

16 Debtors
	2021	2020
Trade debtors	15,580	35,836
Prepayments	12,375	25,089
Accrued income	498,976	345,004
	526,931	405,929
17 Cash and cash equivalents
	2021	2020
Cash on hand	1,384	768
Cash at bank	1,041,098	718,527
	1,042,482	719,295

18 Creditors: amounts falling due within one yea	r
	2021	2020
Trade creditors	154,073	53,926
Other creditors	66,531	2,683
Accruals	195,298	68,083
Deferred income	324,048	271,094
	739,950	395,786

				2021	2020
Deferred	income at	1 January 2021		271,094	338,438
Resources Amounts	deferred in the period released fiom previous		periods	198,068 ~145.11~	247,208 ~314.552
Deferred	income at	year end		324,048	271,094

20 Funds
					Balance at
	Balance at I				31
	January	Incoming	Resources		December
	2021	resources	expended	Transfers	2021
Unrestricted funds
General
General fund	703,923	2,290,189	(2,261,132)	(24,710)	708,270
Restricted funds
BBOShropshire	237,403	1,018,329	(957,449)		298,283
BBOHerefordshire	71,689	647,91]	(618,450)		101,150
BBOEvolve	32,193	24,045	(27,097)		29,141
Construction Skills Fund		233,152	(254,294)	21,142
IPS	32,110	133,703	(160,833)		4,980
Staffordshire Expanding
Oppo9tunities	13,913	50,000	(65,583)	1,670
ESFCommunity Grants		510,397	(495,565)		14,832
The Screwfix Foundation	4,000		(5,684)	1,684
John Lewis project		4,750	(4,964)	214
Armed Forces Covenant		11,083	(4,669)		6,414
Building Shropshire		53,179	(16,145)		37,034
Cluistmas Food &Essential
Items		2,940	(682)		2,258
Total restricted funds	391,308	2,689,489	~(2,611,415	24710	494,092
Total funds	1,1395,231	4,979,678	~4,872,547)		1,202,362

20Funds (conti	n	ued)
								Balance at
				Balance at I				31
				January	Incoming	Resources		December
				2020	resources	expended	Transfers	2020
						f.
Unrestricted funds
General
General fund				632,745	1,374,701	(1,180,480)	(123,043)	703,923
Restricted
BBOShropshire				167,723	1,055,705	(986,025)		237,403
BBOHerefordshire				30,242	724,030	(682,583)		71,689
BBOEvolve				27,561	75,347	(70,715)		32,193
Construction	Skills Fund				224,201	(338,425)	114,224
IPS				25,944	135,090	(128,924)		32,110
Staffordshire	Expanding
Opportunities					13,913			13,913
Royal British	Legion				19,412	(21,525)	2,113
ESFCommunity		Grants			277,294	(284,000)	6,706
COVID-19 Emergency			Fund		41,066	(41,066)
The Screwfix	Foundation				4,000			4,000
Total restricted		funds		253,470	2,570tl58	~(2,553,263	723,tl43	395,3tl8
Total funds				884,275	3,944.759	~3,733,743)		1,095,231

		Unrestricted		Total funds at
		funds	Restricted	31December
		General	funds	2021
Tangible	fixed assets	372,899		372,899
Cunent Current	assets liabilities	757,698 ~422,327)	811,715 ~317,623	1,569,413 ~7177399.9500
Total net assets		708,270	494,092	1,202,362
		Unrestricted		Total funds at
		funds	Restricted	31December
		General f	fundsf	2020
Tangible	fixed assets	365,793		365,793
Current Current	assets liabilities	523,440 ~735,3701	601,784 ~(210,476	1,125,224 (395,786)
Total net assets		703,923	391,308	1,095,231

22 Analysis ofnet funds
			At 31
	At 1January	Financing cash	December
	2021	flows	2021
Cash at bank and in hand	719,295	323,187	1,042,482
Net debt	719,295	323,187	1,042,482
			At 31
	Atl January	Financing cash	December
	2020f	flows	2020
Cash at bank and in hand	719,295	197,822	917,117
Net debt	719,295	197,822	917,117

Total future minimum lease payments under non-cancellab	le operating leases are as follows:
	2021	2020
Land and buildings
Within one year	26,000	26,000
Between one and five years	26,000	52,000
	52,000	78,000