| CONTENTS | CONTENTS | |||||
|---|---|---|---|---|---|---|
| Page | ||||||
| Legal and Administrative | Information | |||||
| Report ofthe | Directors | and Trustees | ||||
| Independent | Auditor's | Report | ||||
| Statement of | Financial Activities | (Incorporating | the income &expenditure | account) | 12 | |
| Balance Sheet | 13 | |||||
| Statement of | Cash flows | 14 | ||||
| Notes to the | Financial Statements | 15 |
| Signed on behalf ofthe Board on | 29 September |
2022: |
|---|---|---|
| ~MvM~/~ | ||
| Carole Wildman | Martin | Molloy |
| Chair | Secretary |
| (incor | porating th |
e income and ex | penditure acc |
ount) | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | TOTAL | TOTAL | ||||
| Funds | Funds | FUNDS | FUNDS | ||||
| Note | 6 | 9 | 6 | 6 | |||
| Income from: | |||||||
| Donations | 459,147 | 459,147 | 584,586 | ||||
| Chan/ah/e activities |
|||||||
| Grants and contracts | 3,311 | 1,013,556 | 1,016,867 | 1,061,996 | |||
| Investments —Interest received |
121 | 121 | 258 | ||||
| Total income | 462,579 | 1,013,556 | 1,476,135 | 1,646,840 | |||
| Expenditure on: |
|||||||
| Costs of raising funds | 150,460 | 150,460 | 112,238 | ||||
| Chantable activities |
338,186 | 995,855 | 1,334,041 | 1,054,064 | |||
| Total expenditure | 488,646 | 995,855 | 1,484,501 | 1,166,302 | |||
| Net income/(loss) before transfers for the year |
(26,067) | 17,701 | (8,366) | 480,538 | |||
| Gross transfers between |
funds | 15 | (7,306) | 7,306 | |||
| Net movement in funds |
(33,373) | 25,007 | (8,366) | 480,538 | |||
| Reconciliation offunds |
895,708 | 318,921 | 1,214,629 | 734,091 | |||
| Total funds brought | forward | ||||||
| Total funds carried | forward | 16 | 862,335 | 343,928 | 1,206,263 | 1,214,629 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | ||||||
|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED | 31 MARCH | 2022 | |||||
| 2022 | 2021 | ||||||
| 6 | f. | ||||||
| Cash flows from operating activities: |
|||||||
| Net cash | from | operating | activities | 107,859 | 366,072 | ||
| Net cash | from | investing | activities | ||||
| Interest received | 121 | 258 | |||||
| Purchase | of property plant and equipment |
(55,181) | (50,481) | ||||
| Net cash | from | investing | activities | (55,060) | (50,223) | ||
| Net cash | from financing | activities | |||||
| Loan repayments | (26,574) | (26,574) | |||||
| Net cash | from | investing | activities | (26,574) | (26,574) | ||
| Net increase in |
cash and cash equivalents | 26,225 | 289,275 | ||||
| Cash and | Cash | equivalents at 1 April |
807,181 | 517,906 | |||
| Cash and | Cash | equivalents at 31 |
March | 833,406 | 807,181 | ||
| Reconciliation | of net income to net cash from operating | activities | |||||
| 2022 | 2021 | ||||||
| 6 | f | ||||||
| Net (loss) | / income for the | reporting | pened | (8,366) | 480,538 | ||
| Depreciation charges |
51,889 | 43,227 | |||||
| Interest received | (121) | (258) | |||||
| Decrease | / (Increase) in debtors |
69,886 | (121,508) | ||||
| Decrease | in creditors | (5,429) | (35,927) | ||||
| 107,859 | 366,072 |
| Donations received |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |
| Total | Total | |||
| E | ||||
| Donations | 459,147 | 459,147 | 584,586 | |
| 459,147 | 459,147 | 584,586 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| 8 | 6 | E | 6 | |||||
| Core day service | ||||||||
| Birmingham City Council. |
||||||||
| Tackling homelessness | & Health | Inequalities | 450,000 | 450,000 | 504,891 | |||
| 450,000 | 450,000 | 504,891 | ||||||
| Other Services | ||||||||
| The BIG Lottery - Changing BCC Housing Options COVID 19-Govt emergency |
Lives funding |
5,601 96,228 |
5,601 96,228 |
130,088 78,618 75,000 |
||||
| Henry Smith |
60,000 | 60,000 | 60,000 | |||||
| Irish Govt Dept of Foreign Affairs | and | Trade ESP | 14,500 | 14,500 | 14,500 | |||
| Oak Foundation Living Well- M Glass |
57,763 500 |
57,763 500 |
43,616 4,500 |
|||||
| Crisis - In this together | 4,993 | |||||||
| BCC - MiFnendly Cities Heart of England - COVID Emergency |
Fund | 2,250 3,000 |
||||||
| WMCA - LOT B - Women's | service | 19,000 | 19,000 | 8,050 | ||||
| WMCA - LOT C - Legal | advice EEA Clients | 12,500 | 12,500 | 12,090 | ||||
| WMCA - LOT D - Spot RSI 4 |
Purchase | 9,700 78,875 |
9,700 78,875 |
9,650 | ||||
| RSI —LOT H | 19,250 | 19,250 | ||||||
| Edward Cadbury Chantable |
Trust | 20,000 | ||||||
| National Lottery Community |
Fund | - Financial Acc | 29,311 | |||||
| Home Office EUSS Grant | 28,022 | 28,022 | 12,532 | |||||
| Homeless Transition Worker |
88,811 | 88,811 | 17,762 | |||||
| Swire Trust | 18,750 | 18,750 | ||||||
| Garfield Weston | 15,000 | 15,000 | ||||||
| Steel Charitable Trust |
5,000 | 5,000 | ||||||
| DWP Step Ahead | 34,056 | 34,056 | ||||||
| Umbrella Contract |
950 | |||||||
| Change Into Action |
1,421 | |||||||
| Heart of England Community |
Foundation | 13,062 | ||||||
| Other Income | 3,311 | 3,311 | 15,712 | |||||
| 3,311 | 563,556 | 566,867 | 557,105 | |||||
| Total grants and contracts | income | 3,311 | 1,013,556 | 1,016,867 | 1,061,996 |
| 4 | Investments | —i | nte | rest r | eceived | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||||
| Unrestricted | Restricted | Total | Total | ||||||||||
| 6 | 6 | 6 | 6 | ||||||||||
| Bank interest | received | 121 | 121 | 258 | |||||||||
| 121 | 121 | 258 | |||||||||||
| 5 | Analysis ofexpenditure |
on charitable | activities | 2022 | 2021 | ||||||||
| Total | Total | ||||||||||||
| F | 6 | ||||||||||||
| Direct costs | ofcharitable | activities | |||||||||||
| Staff costs | 468,485 | 399,865 | |||||||||||
| Recruitment | 6,779 | 3,939 | |||||||||||
| Travel | 729 | 201 | |||||||||||
| Drop-In activities | 9,438 | 4,066 | |||||||||||
| Client actiinties | 67,646 | 43,059 | |||||||||||
| Total direct costs | 553,077 | 451,130 | |||||||||||
| Support costs allocated | to charitable | activities | |||||||||||
| Premises | 71,356 | 72,376 | |||||||||||
| Staff costs | 412,085 | 284,263 | |||||||||||
| Postage, telephone | and stationery | 16,313 | 13,619 | ||||||||||
| Consultancy | 25,569 | 29,205 | |||||||||||
| Depreciation | 51,889 | 43,227 | |||||||||||
| Insurance | 13,092 | 10,260 | |||||||||||
| Bank charges | 277 | 235 | |||||||||||
| Staff training | 5,336 | 11,438 | |||||||||||
| Sundry expenses | 38,366 | 38,071 | |||||||||||
| Gifts in Kind | 107,234 | 63,622 | |||||||||||
| Total support | costs | 741,517 | 566,316 | ||||||||||
| Governance | costs | ||||||||||||
| Staff costs | 28,647 | 28,288 | |||||||||||
| Auditor's remuneration |
10,800 | 7,750 | |||||||||||
| Other | 650 | ||||||||||||
| Total governance | costs | 39,447 | 36,618 | ||||||||||
| Total expenditure | on charitable | activities | 1,343,041 | 1,054,064 |
| 6 | Costs of raising | funds | funds | |||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Total | Total | |||||||
| 6 | ||||||||
| Staff costs | 135,175 | 105,230 | ||||||
| Marketing and fundraising |
15,285 | 7,008 | ||||||
| Total costs of raising | funds | 150,460 | 112,238 | |||||
| 7 | Net incoming resources for the |
year | ||||||
| The net incoming | resources are stated after charging: | |||||||
| 2022 | 2021 | |||||||
| Depreciation ofowned |
assets | 51,889 | 43,227 | |||||
| Auditor's remuneration |
10,800 | 7,750 | ||||||
| Operating leases |
- land and buildings | 42,000 | 42,000 | |||||
| 8 | Staff Costs | 2022 | 2021 | |||||
| 5 | 6 | |||||||
| Wages and salaries Social secunty costs |
829,837 71,876 |
654,610 57,814 |
||||||
| Pension costs | 17,700 | 16,023 | ||||||
| Total Staff costs | 919,413 | 728,447 | ||||||
| Contractor costs | 124,980 | 89,129 | ||||||
| 1,044,393 | 817,576 | |||||||
| No employee received |
emoluments | of more than 660,000. | ||||||
| The average number |
of employees | during | the year was as follows: | |||||
| 2022 | 2021 | |||||||
| Number | Number | |||||||
| Service Delivery | 19 | 16 | ||||||
| Management and |
Support | 15 | 13 | |||||
| 34 | 29 |
| Improvements | Fixtures | |||
|---|---|---|---|---|
| to leasehold | fittings and | |||
| property | equipment | Total | ||
| 6 | E | E | ||
| COST | ||||
| At 1 April 2021 | 449,507 | 177,204 | 626,711 | |
| Additions | 55,181 | 55,181 | ||
| At 31 March 2022 | 449,507 | 232,385 | 681,892 | |
| ACCUMULATED | DEPRECIATION | |||
| At 1 April 2021 | 179,800 | 102,927 | 282,727 | |
| Charge for the year | 17,980 | 33,909 | 51,889 | |
| At 31 March 2022 | 197,780 | 136,836 | 334,616 | |
| NET BOOK VALUE | ||||
| At 31 March 2022 | 251,727 | 95,549 | 347,276 | |
| At 31 March 2021 | 269,707 | 74,277 | 343,984 | |
| DEBTORS:amounts | falling due within one year | |||
| 2022 | 2021 | |||
| 6 | 6 | |||
| Trade debtors Other debtors |
16,291 2,000 |
142,284 2,000 |
||
| Prepayments and accrued income |
173,284 | 117,177 | ||
| Total debtor amounts | falling due within one year | |||
| 191,575 | 261,461 |
| 11 | CREDITORS: amount | s f |
alling due within one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | 8 | ||||
| Trade creditors | 54,443 | 43,347 | |||
| Accruals and other | creditors | 53,394 | 52,685 | ||
| Deferred income |
14,875 | 45,026 | |||
| Social Enterprise Loan |
13,991 | 26,733 | |||
| Taxation and social |
security | 29,291 | 16,215 | ||
| Total creditor amounts | falhng due within one year | 165,994 | 184,006 | ||
| 11a | CREDITORS: amount | falling due after one year | |||
| Social Enterprise Loan |
13,991 | ||||
| Total creditor amounts | falling due within one year | 13,991 |
| 2022 | 2022 | 2021 | . | 2021 | |
|---|---|---|---|---|---|
| Other | Land & | Other | Land & | ||
| Buildings | Buildings | ||||
| 6 | 6 | 8 | |||
| Expiring: Within one year |
4,475 | 42,000 | 5,242 | 42,000 | |
| Between one and five years | 5,159 | 168,000 | 9,634 | 168,000 | |
| More than five years | 378,000 | 420,000 | |||
| 9,634 | 588,000 | 14,876 | 630,000 |
| ovement in unre |
str | icted | funds | Unrestricted | ||||
| General | ||||||||
| Funds | ||||||||
| 1 April 2021 | 895,708 | |||||||
| coming resources |
526,201 | |||||||
| utgoing resources |
(552,268) | |||||||
| ansfer to restncted | funds | (7,306) | ||||||
| at 31 March 2022 | 862,335 | |||||||
| Restricted funds | ||||||||
| 01.03.2021 | Income | Outgoing | Transfers | 31.03.2022 | ||||
| Resources | Resources | |||||||
| 6 | 6 | |||||||
| BCC- ASH inc protect | ||||||||
| additional rev |
44,243 | 450,000 | 470,671 | 23,572 | ||||
| Social Enterprise | ||||||||
| Investment Fund |
238,020 | 17,980 | 220,040 | |||||
| BIG Lottery Fund | grant— | |||||||
| Changing Lives ESP Irish Government |
9,073 3,625 |
5,601 14,500 |
14,674 14,500 |
3,625 | ||||
| UHB | ||||||||
| Henry Smith | 60,000 | 60,000 | ||||||
| Heart of England | ||||||||
| Community Fund |
||||||||
| Oak Philanthropy | 8,100 | 57,763 | 65,534 | 329 | ||||
| Living Well | 4,500 | 500 | 4,500 | 500 | ||||
| WMCA Lot B | 19,000 | 19,000 | ||||||
| WMCA Lot C | 2,247 | 12,500 | 14,747 | |||||
| WMCA Lot D | 9,700 | 9,700 | ||||||
| Swire Trust | 18,750 | 25,000 | 6,250 | |||||
| Garfield Weston | 15,000 | 10,966 | 4,034 | |||||
| Steel Charitable | Trust | 5,000 | 5,000 | |||||
| DWP —Step ahead | 34,056 | 11,097 | 22,959 | |||||
| Home Office EUSS | 28,022 | 29,078 | 1,056 | |||||
| HTWS | 9,113 | 88,811 | 76,875 | 21,049 | ||||
| RSI4 | 78,875 | 35,361 | 43,514 | |||||
| WMCA —Lot H | 19,250 | 14,944 | 4,306 | |||||
| Housing Options |
96,228 | 96,228 | ||||||
| 318,921 | 1,013,556 | 995,855 | 7,306 | 343,928 |
| At In O Tr As |
1 April 2021 coming resources utgoing resources ansfer to restncted funds at 31 March 2022 |
|---|---|
| Restricted funds | —prior year | |||||
|---|---|---|---|---|---|---|
| 01.04.2020 | Income | Outgoing | Transfers | 31.03.2021 | ||
| Resources | Resources | |||||
| BCC - ASH inc protect additional | ||||||
| rev Social Enterprise |
Investment | 504,891 | 460,648 | 44,243 | ||
| Fund | 248,080 | 17,980 | 7,920 | 238,020 | ||
| BIG Lottery Fund | grant— | |||||
| Changing Lives ESP Irish Government |
5,510 3,750 |
130,088 14,500 |
126,525 14,625 |
9,073 3,625 |
||
| UHB | 950 | 950 | ||||
| Henry Smith | 60,000 | 60,000 | ||||
| Heart of England | Community | |||||
| Fund | 6,510 | 13,062 | 19,572 | |||
| Oak Philanthropy | 6,243 | 43,616 | 41,579 | 8,100 | ||
| Living Well | 4,500 | 4,500 | ||||
| WMCA Lot B | 8,050 | 8,050 | ||||
| WMCA Lot C | 12,090 | 9,843 | 2,247 | |||
| WMCA Lot D | 9,650 | 9,999 | 349 | |||
| COVID 19 - Govt | emergency | |||||
| 75,000 | 75,000 | |||||
| Nat Lottery Comm | Fund | 29,311 | 29,311 | |||
| Home Office EUSS | 12,532 | 12,532 | ||||
| HTWS | 17,762 | 8,649 | 9,113 | |||
| Housing Options |
78,618 | 78,618 | ||||
| 270,093 | 1,014,620 | 974,061 | 8,269 | 318,921 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Analysis of net assets between | funds | Funds | Funds | 6 |
| 6 | 6 | |||
| Tangible fixed assets |
127,236 | 220,040 | 347,276 | |
| Cash at bank & in hand | 709,518 | 123,888 | 833,406 | |
| Other net assets | 25,581 | 25,581 | ||
| Net assets at 31 March 2022 | 862,335 | 343,928 | 1,206,263 | |
| Unrestricted | Restricted | Total | ||
| Analysis of net assets between | funds —prior year | Funds | Funds | 6 |
| 6 | F | |||
| Tangible fixed assets |
105,964 | 238,020 | 343,984 | |
| Cash at bank & in hand | 726,280 | 80,901 | 807,181 | |
| Other net assets | 63,464 | 63,464 | ||
| Net assets at 31 March 2021 | 895,708 | 318,921 | 1,214,629 |