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|Report ofthe Trustees||||
|Report ofthe Independent||Examiner||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Statement ofCash Flows|||10|
|Notes to the Financial|Statements|||
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|||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
|Income:|||||||
|Grants receivable
Charitable
activities
investments|||161,574
289,913
470|141,000
2,405
-|302,574
292,318
470|21,000
397,383
776|
|Total Income|||451,957|143405|595,362|419159|
|Expenditure:|||||||
|Support costs allocated to
activities|||12,400||12,400|15,700|
|Charitable
activities
Governance
costs|||367,418
6,801|131,000|498,418
6,801|385,991
7,563|
|Total expenditure|||386,619|131,000|517,619|409,254|
|Net income for the|year||65,338|12,405|77,743|9,905|
|Transfers
between|funds||||||
|Net Movement
in funds|||65,338|12,405|77,743|9,905|
|Total funds brought|forward||294,964||294,964|285,059|
|Total funds carried|forward||360,302|12,405|372,707|294964|
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||||2021|2020|
|---|---|---|---|---|
|Net cash inflow from operating
activities|||||
|Net income Profit (Loss)
Depreciation
Decrease/(increase)
in trade debtors
Decrease/(Increase)
on other debtors
Decrease/(Increase)
in prepayments
and accrued income
(Decrease)/Increase
in trade creditors
(Decrease)/Increase
in other creditors
(Decrease)/increase
in social security and other taxes
(Decrease)/Increase
in accruals
Disposal oftangible
fixed assets|||77,743
7,439
823
(103)
410
(1,926)
23,467
(6,203)|9,905
7,457
26,977
(890)
2,355
2,501
24,596
14,877|
|Net cash provided
by operating
activities|||101,650|87,778|
|Cash flows from investing
activities|||||
|Purchase oftangible fixed assets|||(5,613)|(1,003)|
|Change
in cash and cash equivalents|in|the year|96,037|86,775|
|Cash and cash equivalents
at the beginning||ofthe year|335,875|249,100|
|Cash and cash equivalents
at the end of|year||431,912|335,875|
|Analysis ofcash and cash equivalents|||||
||||2021|2020|
|Bank current accounts
Cash in hand|||431,098
814|335,358
517|
||||431,912|335,875|
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|||Total|Total|
|---|---|---|---|
|||2021|2020|
|Community
development
Builders management
grant
Walsall MBC
HM Revenue
&Customs
National
Lottery||11,000
10,000
116,838
64,736
100,000|11,000
10,000|
|||302,574|21,000|
|INCOME FROM CHARITABLE ACTIVITES||||
|||Total|Total|
|||2021|2020|
|Main Governance
Adult Education
Youth Provision
Nurseries||140,022
967
6,516
144,813|175,202
7,660
15,099
199,422|
|||292318|397 383|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2021|2020|
|Bank interest|receivable|470||470|776|
|6 SUPPORT COSTS||||||
|||||Total|Total|
|||||2021|2020|
|Nurseries||||12,400|15,700|
|Total charitable|expenditure|||12,400|15700|
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|||||2021|||
|---|---|---|---|---|---|---|
||Wages|Community|Establishment||Maintenance|Miscellaneous|
||and
Salaries|Costs||Costs|Costs|Costs|
|Main Governance
Adult Education|142,985
3,666|140,000||11,413|16,149|12,800|
|Youth Provision
Nurseries|5,677
112,125|||6,317
30,300|3,056
2,385|2,526|
|Total allocated to direct charitable
expenditure|264,453|140,000||48,030|21,590|15,326|
|||||2021|||
|||Advertising||Office|Total||
|||&||Costs|||
|||Marketing|||||
|Main Governance
Adult Education
Youth Provision
Nurseries|||192
504|6,768
1,447
108|330,307
3,666
16,497
147,948||
|Total allocated to direct charitable|expenditure||696|8323|498418||
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|||Total|Total|
|---|---|---|---|
|||2021|2020|
|Accountancy
&book4eeping
Legal &Professional fees||5,260
1,541|6,138
1,425|
|Total charitable|expenditure|6,801|7,563|
##
|he average
n|umber employees
during the year calculated
on a full time eq|uivalent
basis was as fo|llows:-|
|---|---|---|---|
|||2021|2020|
|Direct charitable
work
Administration||12
5|19
4|
|||17||
|he aggregate|payroll costs ofthese persons were as follows:-|||
|||2021|2020|
|Wages and salaries
Social security costs
Pension costs||215,991
2,376
46,086|233,232
6,078
33,735|
|||264 453|273045|
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||||Total|Total|
|---|---|---|---|---|
||||2021|2020|
|Movement|in|total funds for the year is stated after charging/(crediting):|||
|Depreciation||oftangible fixed assets|7,439|7,457|
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|1TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Leasehold|Plant,|Motor|Total|
||Property|fixtures &|Vehicles||
|||fittin s|||
|Cost|||||
|At 1 April 2020|44,278|130,840|12,772|187,890|
|Additions||5,613||5,613|
|Disposals|||||
|At 31 March 2021|44,278|136453|12772|193503|
|Depreciation|||||
|At 1 April 2020|35,425|122,162|4,391|161,978|
|Charge for the year|1,771|3,573|2,095|7,439|
|Disposals|||||
|At 31 March 2020|37,196|125,735|6,486|169,417|
|Net book value|||||
|At 31 March 2021|7,082|10,718|6,286|24,086|
|At 31 March 2020|8,853|8,678|8,381|25,912|
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|12DEBTORS|:AMOUNTS
|FALLING DUE WITHINT ONE YEAR|||
|---|---|---|---|---|
||||2021|2020|
|Trade debtors|||7,101|7,924|
|Other debtors|||103||
|Prepayments|and accrued|income|3,151|3,561|
||||10,355|11485|
|13CASH AT BANK|||||
||||2021|2020|
|Current accounts|||431,098|335,358|
|14CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
||||2021|2020|
|Trade creditors
Taxation and social security
Accruals and deferred income
Pension fund|||1,842
1,011
20,793
70,000|3,768
2,544
26,996
45,000|
||||93646|78308|
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||Balance at
31.03.2020|Incoming
Resources|Outgoing
Resources|Transfers|Balance at
31.03.021|
|---|---|---|---|---|---|
||||R|E||
|National
Lottery
Walsall for All||90,000
30,000|(90,000)
(30,000)|||
|Community
Development
Covid-19 Champions
Food bank||11,000
10,000
2,405|(11,000)||10,000
2,405|
|||143,405|131,000||12,405|
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|Balance at 1 April 2020
Net incoming
resources for the year|294,964
65,338|
|---|---|
|Balance at 31 March 2021|330302|
|nrestr|icted
funds by the tru|stees for specific purpo|ses;-|||||
|---|---|---|---|---|---|---|---|
|||Balance at
31.03.2020|New
Desi nations|Funds
Undesi
nated||Transfers|Balance at
31.03.2021|
|Main|Governance|150,000|||||150,000|
|||150,000|||||150,000|
##
|||General|Designated|Restricted|Total|
|---|---|---|---|---|---|
|||Funds|Funds|funds|funds|
|Tangible|fixed assets|||||
|Current
Current|assets
liabilities|210,302|150,000|12,405|372,707|
|Creditors due after more than one year||||||
|||210,302|150,000|12405|372,707|
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