## ## |Trustees||Mrs L Emery||| |---|---|---|---|---| |||Mr AJ McNicholas||| |||Mrs BA Muiqueen||| |||Miss R Mulqueen||| |||Mr BJ Peach||| |||Mr M STaylor||| |||Mr
I SYardley|(Appointed|14 March 2022)| |Secretary||Mrs E C Boycott||| |Charity number||1055640||| |Company|number|03160299||| |Registered|office|Stan Ball Centre Abbotts Street||| |||Bloxwich||| |||Walsall||| |||West IVlidlands||| |||WS3 3AZ||| |Auditor||BK PIus Audit Limited||| |||Azzurri
House||| |||Walsall Road||| |||Aldridge||| |||Wal sall||| |||England||| |||WS9 ORB||| ## ## ||||Page| |---|---|---|---| |Trustees'|report||1-5| |Statement|oftrustees'|responsibilities|| |Independent
auditor's||report|| |Statement|offinancial|activities|10| |Balance|sheet||| |Statement
ofcash flaws|||12| |Notes to|the financial|statements|13-21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2022|2022|2022|2021|2021|2021| ||Notes||||F||| |Income from:|||||||| |Government
grants
Charitable
activities|3
4|839,713|4,239
194,699|4,239
1,034,412|517,607|116,526
170,143|116,526
687,750| |Investments|5|55||55|108||108| |Total income||839,768|198,938|1,038,706|517,715|286,669|804,384| |Ex enditure
on:|||||||| |Raising funds||6,710||6,710|2,632||2,632| |Charitable
activities|7|715,214|233,221|948,435|499,482|236,739|736,221| |Total expenditure||721,924|233,221|955,145|502,114|236,739|738,853| |Net incoming/(outgoing)
resourres
before transfers||117,844|(34,283)|83,561|15,601|49,930|65,531| |Grass transfers
between|||||||| |funds||(34,283)|34,283||49,930|(49,930)|| |Net income for the year/
Net movement
in funds||83,561||83,561|65,531||65,531| |Fund balances
at 1 April|2021|578,568|575,000|1,153,568|513,037|575,000|1,088,037| |Fund balances at 31 March
2022||662,129|575,000|1,237,129|578,568|575,000|1,153,568| ## ## ||||||||202'l|| |---|---|---|---|---|---|---|---|---| |||||Notes|||f,|| |Fixed assets||||||||| |Tangib!eassets||||10||611,637||600,593| |Current assets||||||||| |Stocks||||11|1,700||1,700|| |Debtors||||12|88,604||96,478|| |Cash at bank|and|in|hand||731,659||604,854|| ||||||821,963||703,032|| |Creditors: amounts
one year|||falling due within||(196,471)||(150,057)|| |Net current assets||||||625,492||552,975| |Total assets|less|current liabilities||||1,237,129||1,153,568| |income funds||||||||| |General
restricted||funds|||79,950||79,950|| |Revaluation|reserve||||495,050||495,050|| |||||||575,000||575,000| |Unrestricted|funds|||||662,129||578,568| |||||||1,237,129||1,153,568| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|F||f|| |Cash flows from operating
activities
Cash generated
from operations|||18||147,465||161,813| |investing
Purchase|activities
oftangible
frxed assets|||(20,715)||(3,891)|| |Investment|income received|||55||108|| |Net cash|used in investing|activities|||(20,660)||(3,783)| |Net cash|used in financing|activities|||||| |Net increase
in cash and cash equivalents|||||126,805||158,030| |Cash and|cash equivalents|at beginning|ofyear||604,854||446,824| |Gash and|cash equivalents|at end of|year||731,659||604,854| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|Government
grants|||| |---|---|---|---|---| ||||Restricted|Restricted| ||||funds|funds| ||||2022f|2021
f| ||Covid-19 Job Retention|Scheme Grant|4,239|116,526| |4|Charitable
activities|||| ||||2022f|2021
f| ||Government
and public|bodies|605,272|618,499| ||Activities
t'or generating
funds
Other charitable
activities||32,618
396,522|5,784
63,467| ||||1,034,412|687,750| ||Analysis
by fund
Unrestricted
funds||839,713|517,607| ||Restricted
funds||194,699|170,143| ||||1,034,412|687,750| |5|Investments|||| ||||2022f|2021| ||Interest receivable||55|108| ## ## ## ## |Raising fun|ds|||| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||funds|funds| ||||2022|2021| ||||F|F| |Fundraisin|and|ublicit||| |Advertising
Other fundraising||costs|88
6,622|301
2,331| |Fundraising|and|publicity|6,710|2,632| ||||6,710|2,632| ## ## ## ||||2022|2021| |---|---|---|---|---| |||||E| |Premises casts|||28,217|40,743| |Youth development
expenses
Catering
and refreshments
l3ay care transport
and other
Children
in Need|costs||18,027
22,227
96,987|1,958
4,357
12,510
1,947| |GASP Project
Big Lottery Friends for All
SERCO expenditure
Making Connexions
Public Health - Thrive Bus|||4,368
4,286
884
72,779|4,073
5,610
3,154
2,122| |Youth Bus Expenditure
Palace Play
Neighbourhood
Natters
Local Council - Holiday Activities||Fund|7,925
148
84
10,324|203
1,764
313| |Local Council - CovidM/inter|Support||20,077|12,383| ||||286,333|91,137| |Support costs
Management
and administration||expenses|396,058
266,044|415,203
229,881| ||||948,435|736,221| |Analysis
by fund
Unrestricted
funds|||715,214|499,482| |Restricted
funds|||233)221|236,739| ||||948,435|736,221| ## ## ## ||The average
monthly|num|ber ofemploye|es
|during
the|year was:||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2022|2021| ||||||||||Number|Number| ||Directors||||||||7|8| ||Salaried employees||||||||28|31| ||Total||||||||35|39| ||There were no employees||whose annual|remuneration||was more than|F60,000.|||| |10|Tangible
fixed assets|||Freehold
land||Fixtures and|Computers|tiilotor|vehicles|Total| |||||and|buildings|fittings||||| ||||||f|F||||| ||Cost or valuation|||||||||| ||At 1 April 2021
Additions||||575,000|115,160
14,147|101,717
6,568||10,000|801,877
20,715| ||At 31 March 2022||||575,000|129,307|108,285||10,000|822,592| ||Depreciation
and impairment
At 1 April 2021
Depreciation
charged
in the year|||||96,105
6,642|100,216
1,770||4,962
1,260|201,283
9,672| ||At 31 March 2022|||||102,747|101,986||6,222|210,955| ||Carrying
amount
At 31 March 2022||||575,000|26,560|6,299||3,778|611,637| ||At 31 March 2021||||575,000|19,055|1,500||5,038|600,593| ## ## |12|Debtors|||||||| |---|---|---|---|---|---|---|---|---| ||||||||2022|2021| ||Amounts
falling due||within one year:||||E|| ||Trade debtors||||||69,655|86,736| ||Other debtors||||||9,105|5,440| ||Prepayments
and|accrued income|||||9,844|4,302| ||||||||88,604|96,478| |13|Creditors: amounts||falling due within one year|||||| |||||||Notes|2022f|2021| ||Other taxation
and
Deferred
income|social security||||14|9,422
72,852|69,783| ||Trade creditors||||||55,342|25,273| ||Other creditors||||||3,165|| ||Accruals and deferred||income||||55,690|55,001| ||||||||196,471|150,057| |14|Deferred income|||||||| ||||||||2022|2021| ||||||||f.|| ||Arising
from funding||received|in advance|||72,852|69,783| ||Deferred
income|is included||in the financial statements|as follows:|||| ||||||||2022|2021| ||||||||f|E| ||Deferred
income|is included||within:||||| ||Current
liabilities||||||72,852|69,783| ||Movements
in the year:
Deferred
income at 1 April 2021
Resources deferred
in the year||||||69,783
3,069|25,748
44,035| ||Deferred
income|at 31 March 2022|||||72,852|69,783| ## ## |15|Analysis
of net assets|between
funds
Unrestricted|between
funds
Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2022|2022|2022|2021|2021|2021| ||||E|E|E|||| ||Fund balances at 31|||||||| ||March 2022 are|||||||| ||represented
by:
Tangible assets
Current assets/(liabilities)|36,637
625,492||575,000|611,637
625,492|25,593
552,975|575,000|600,593
552,975| ||||662,129|575,000|1,237,129|578,568|575,000|1,153,568| ## |

non-cancellable
operating
leases, which
fall due as follows|:|| |---|---|---| ||2022|2021| ||E|E| |Within one year
Between two and five years|2,048
7,169|| ||9,217|5,976| ## ||There were no disclosable
related
party t|ran|sactions
du|ring
the year (2021|- none).|| |---|---|---|---|---|---|---| |18|Cash generated
from operations||||2022
E|2021
E| ||Surplus for the year||||83,561|65,532| ||Adjustments
for:
investment
income recognised
in statement
offinancial
Depreciation
and impairment
oftangible
fixed assets|||activities|(55)
9,673|(108)
6,380| ||Movements
in working
capital:
Decrease/(increase)
in debtors
Increase
in creditors
Increase
in deferred
income||||7,874
43,345
3,069|(11,468)
57,442
44,035| ||Cash generated
from operations||||147,467|161,813| |19|Analysis
ofchanges
in net funds|||||| ||The charity had no debt during
the year.||||||