2022-12-31-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 31

			and Lo	sses)
				Unrestricted	Restricted	Total
				funds	funds	2022
			Note
Income and Endowments		from:
Donations, legacies	and grants			31,678	3,617,766	3,649,444
Charitable activities				2,737,162		2,737,162
Investment income				2,944	9	2,953
Other income				2,152		2,152
Total income				2,773,936	3,617,775	6,391,711
Expenditure on:
Charitable activities				(2,783,025)	(3,501,779)	(6,284,804)
Total expenditure				(2,783,025)	(3,501,779)	(6,284,804)
Net (expenditure)/income				(9,089)	115,996	106,907
Transfers between	funds			(3,829)	3,829
Net movement in funds				(12,918)	119,825	106,907
Reconciliation offunds
Total funds brought	forward			708,270	494,092	1,202,362
Total funds carried	forward		20	695,352	613,917	1,309,269

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note	e
Income and Endowments		from:
Donations, legacies	and grants			29,842	2,689,489	2,719&331
Charitable activities				2,257,755		2,257,755
Investment income				2,078		2,078
Other income				514		514
Total income				2,290,189	2,689,489	4,979,678
Expenditure on:
Charitable activities				(2,261,132)	(2,611,415)	(4,872,547)
Total expenditure				(2,261,132)	(2,611,415)	(4,872,547)
Net income				29,057	78,074	107,131
Transfers between	funds			(24,710)	24,710
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

		Balance Sheet as at 3	1December 20	22
				2022	2021
			Note	g
Fixed assets
Tangible assets			15	419,611	372,899
Current assets
Debtors			16	1,140,593	526,931
Cash at bank	and in hand		17	556,064	1,042,482
				1,696,657	1,569,413
Creditors: Amounts		falling due ivithin one year	18	(806,999)	(739,950)
Net current	assets			889,658	829,463
Net assets				1,309,269	1,202,362
Funds ofthe	charity:
Restricted income funds
Restricted funds			20	613,917	494,092
Unrestricted	income	funds
Umestricted	funds			695,352	708,270
Total funds			20	1,309,269	1,202,362

				2022	2021
			Note
Cash flows from operating	activities
Net cash income				106,907	107,131
Adjustments to cash flows	from non-cash	items
Depreciation Investment income			5	11,864 ~2,953	2,113 (2,078)
				115,818	107,166
Working capital adjustments
Increase in debtors			16	(613,662)	(121,002)
Increase in creditors			18	29,639	291,210
Increase in defened income				37,410	52,954
Net cash flows fi'om operating activities				(430,795)	330,328
Cash floivs from investing	activities
Interest receivable and similar income			5	2,953	2,078
Purchase oftangible fixed assets			15	(58,576)	(9,219)
Net cash flows fiom investing activities				(55,623)	(7,141
Net (decrease)/increase in cash and cash equivalents				(486,418)	323,187
Cash and cash equivalents	at I January			1,042,482	719,295
Cash and cash equivalents	at 31December			556,064	1,042,482

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

3 Incom	e f	rom	donations, legacies and gr	ants
				Unrestricted
				funds	Restricted	Total
				General	funds	2022
Donations	and legacies;
Donations		from	individuals	1,339		1,339
Grants, including			capital grants;
Government		grants		30,339		30,339
Grants	from other charities				3,617,766	3,617,766
				31,678	3,617,766	3,649,444
				Unrestricted
				funds	Restricted	Total
				General	funds	2021
Donations	and legacies;
Donations		fiom	individuals	404		404
Grants, including			capital grants;
Goveriunent		grants		29,438		29,438
Grants	from other charities				2,689,489	2,689,489
				29,842	2,689,489	2,719,331

Grants received from	oth	er charities ar	e analysed as follows:
				2022	2021
BBOShropshire				1,373,489	1,018,329
BBOHerefordshire				845,091	647,911
ESFCommunity Grants				628,469	510,397
All Age Autism				285,385
Construction Skills Fund		(CSF)		29,993	233,152
Individual Placement	and	Support (IPS)		161,931	133,703
Housing and Debt Advice Service				158,000
Building Sluopshire				81,821	53,179
Staffordshire Expanding		Opportunities	Project		50,000
Armed Forces Covenant				22,167	11,083
NEET Reengagement				22,000
High Street Business	Start Up			9,420
Iohn Lewis Project					4,750
Chrsitmas Food and	Essential Items Project				2,940
BB0Evolve					24,045
				3,617,766	2,689,489

				Unrestricted	Unrestricted
					funds	Total	Total
				General		2022	2021
Supported		employment	services		2,737,162	2,737,162	2,257,755
Supported	employment		services income is analysed	as follows:
						2022	2021
					Note
Supported	employment		services provided			2,648,037	2,244,611
Sale ofgoods / services			made or provided by the beneficiaries		of
the charity						21,408	13,144
Course income						67,717
						2,737,162	2,257,755

							Unrestricted
							funds	Restricted	Total	Total
							General	funds	2022	2021
Interest receivable			and similar
income;
Interest receivable				on	baal&
deposits							2,944		2,953	2,078
6 Other	income
								Unrestricted
								funds	Total	Total
								General	2022	2021
Other income								2,152	2,152	514
7 Expenditure			on	charitable			activities
								Unrestricted
										Total
								General	Restricted	2022
							Note
Supported	employment				services			221,724	71,056	292,780
Depreciation,		amortisation				and	other
similar costs								11,864		11,864
Grant funding of			activities					755,112	1,524,134	2,279,246
Staff costs								1,156,130	1,654,559	2,810,689
Allocated	support		costs					511,570	242,999	754,569
Governance		costs						126,625	9,031	135,656
								2,783,025	3,501,779	6,284,804
								Unrestricted
								funds	Restricted	Total
								General	funds	2021
							Note
Supported	employment				services			290,717	29,077	319,794
Depreciation,		amortisation				and	other
similar costs								2,113		2, 113
Grant funding of			activities					693,101	1,219,689	1,912,790
Staff costs								807,843	1,239,719	2,047,562
Allocated	support		costs					370,458	120,449	490,907
Governance		costs						96,900	2,481	99,381
								2,261,132	2,611,415	4,872,547

				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2022	2021
						f.
Delivery costs				17,173	34,681	51,854	8,624
Subcontractor	costs			95,115	848	95,963	212,937
Beneficiaty costs				42,172	871	43,043	41,446
Cafe and salon	purchases			20,342	1,266	21,608	10,395
Staff training				5,868	24	5,892	5,387
Staff travel expenses				39,560	28,266	67,826	28,715
Volunteer training		and expenses		1,494		1,494	1,010
Monitoring and evaluation			costs		5,100	5,100	11,280
				221,724	71,056	292,780	319,794

Charitable ac	tivities - analysis of	allocated support cos	ts
		Unrestricted
				Total	Total
		General	Restricted	2022	2021
Rent, rates and	water	86,577	58,520	145,097	93,976
Insurance		3,905		3,905	6,842
Telephone and	internet	27,087	6,630	33,717	24,371
Other premises	expenses	156,447	29,097	185,544	125,895
Equipment hire		12,533	3,640	16,173	11,121
Other office costs		52,868	8,133	61,001	38,688
Computer costs		50,310	54,739	105,049	72,869
Subscriptions	and memberships	18,017	1,713	19,730	48,511
Marketing costs		41,483	48,606	90,089	37,013
Professional fees		59,102	23,921	83,023	18,919
Donations		49		49	329
Bank charges		3,192		3,192	1,432
Bad debt write	off		8,000	8,000	10,941
		511,570	242,999	754,569	490,907

			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2022	2021
Staff costs
Wages and salaries			91,927		91,927	67,982
Social security costs			10,868		10,868	5,694
Pension	costs		2,119		2,119	1,314
Audit fees
Audit ofthe financial		statements	3,660		3,660	3,633
Allocated	support costs		18,051	9,031	27,082	20,758
			126,625	9,031	135,656	99,381

The a	llocated support	cost is analysed as follows:
				2022	2021
			Note		g
Other	office costs			24,645	18,804
Legal	and professional	fees and HR costs		2,437	1,954
				27,082	20,758

Analysis ofgran	ts
		Grants to	institutions
		2022	2021
Analysis
BBOShropshire		564,496	461,836
BBOHerefordshire		371,456	323,306
IN2 Programme		755,112	693,101
ESPCommunity	Grants	497,685	434,547
Evolve		12,722
All Age Autism		77,775
		2,279,246	1,912,790

The aggregate payroll costs	were as follows:
			2022	2021
Staff costs during the year	were:
Wages and salaries			2,635,807	1,927,896
Social security costs			234,857	161,486
Pension costs			44,939	33,105
Other staff costs				65
			2,915,603	2,122,552
			2022	2021
		Note
Direct staff costs			1,641,385	1,372,635
Support staff costs, including	governance		1,274,218	749,917
			2,915,603	2,122,552

The monthly av the year was as	erage number ofpersons (including se follows;	nior management team) employed	by the	charity du	ring
		2022		2021
		No		No
Direct charitable	work staff		83		47
Administrative	staff		51		39
			134		86

2022	2021
No	No

Net incoming	resource	s for the year include;
			2022	2021
Operating leases - plant and machineiy			16,172	11,120
Audit fees			3,660	3,633
Depreciation	offixed	assets	11,864	2,113
13 Auditors'	remuneration
			2022	2021
Audit ofthe	financial	statements	3,660	3,633

15 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 January 2022	370,536	18,886	389,422
Additions		58,576	58,576
At 31December 2022	370,536	77,462	447,998
Depreciation
At 1 January 2022		16,523	16,523
Charge for the year		11,864	11,864
At 31December 2022		28,387	28,387
Net book value
At 31December 2022	370,536	49,075	419,611
At 31December 2021	370,536	2,363	372,899

16 Debtors
				2022	2021
Trade debtors				155,624	15,580
Prepayments				58,064	12,375
Accrued income				926,905	498,976
				1,140,593	526,931
17 Cash and cash	equivalents
				2022	2021
Cash at bank				552,976	1,041,098
Cash on hand				3,088	1,384
				556,064	1,042,482
18 Creditors: amounts		falling due ivithin one year
				2022	2021
Trade creditors				136,329	154,073
Other taxation and	social security			117,798
Other creditors				18,855	66,531
Accruals				172,559	195,298
Deferred income				361,458	324,048
				806,999	739,950
				2022	2021
Defened income at 1 January 2022				324,048	271,094
Resources deferred	in the period			174,022	198,068
Amounts released fiom previous			periods	(136,612)	(145,114)
Deferred income at year		end		361,458	324,048

20 Funds
						Balance at
		Balance at I				31
		January	Incoming	Resources		December
		2022	resources	expended	Transfers	2022
Unrestricted funds
General
General fund		708,270	2,773,936	(2,783,025)	(3,829)	695,352
Restricted funds
BBOShropshire		298,283	1,373,492	(1,348,627)		323,148
BBOHerefordshire		101,150	845,091	(874,176)		72,065
BBOEvolve		29,141		(27,348)		1,793
Construction Skills Fund			29,999	(25,621)		4,378
IPS		4,980	161,931	(170,552)	3,641
ESF Community	Grants	14,832	628,469	(621,864)		21,437
Armed Forces Covenant		6,414	22,167	(28,517)		64
Building Shropshire		37,034	81,821	(95,513)		23,342
Christmas Food &Essential
Items		2,258		(1,991)		267
All Age Autism			285,385	(244,362)		41,023
NEET Reengagement			22,000	(22,097)	97
High Street Business Start
Up			9,420	(9,511)	91
Housing and Debt Advice
Service			158,000	(31,600)		126,400
Total restricted	funds	494,092	3,617,775	(3,501,779)	3,829	613,917
Total funds		1,202,362	6,391,711	(6,284,804)		1,309,269

						Balance at
		Balance at 1				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
BBOShropshire		237,403	1,018,329	(957,449)		298,283
BBOHerefordshire		71,689	647,911	(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
Oppottunities		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
Christmas Food &Essential
Items			2,940	682		2,258
Total restricted	funds	391,308	2,689,489	(2,611,415)	24,710	494,092
Total funds		1,095,231	4,979,678	(4,872,547)		1,202,362

21 Analysis ofnet assets between fund	s
	Unrestricted		Total funds at
	funds	Restricted	31Deceinber
	General	funds	2022
Tangible fixed assets	419,611		419,611
Curtent assets	730,745	965,912	1,696,657
Durent liabilities	(455,004)	(351,995)	(806,999)
Total net assets	695,352	613,917	1,309,269
	Unrestricted		Total funds at
	funds	Restricted	31December
	General	funds	2021
Tangible fixed assets	372,899		372,899
Current assets	757,698	811,715	1,569,413
Current liabilities	(422,327)	(317,623)	(739,950)
Total net assets	708,270	494,092	1,202,362

										At 31
						At	1	January		December
								2022	Cash flows	2022
Cash	at	bank	and	in	hand			1,042,482	(486,418)	556,064
Total								1,042,482	(486,418)	556,064
										At 31
						At	I	January		December
								2021	Cash flows	2021
Cash	at	bank	and	in	hand			719,295	323,187	1,042,482
Total								719,295	323,187	1,042,482

		2022	2021
Land	and buildings
Within	one year	35,903	26,000
Between one and five years			26,000
		35,903	52,000