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2023-03-31-accounts

T
rustees			Mrs L Emery
			Mrs BA Mulqueen
			Miss R Mulqueen
			M STaylor
			Mr l SYardley
Secretary			Mrs E C Boycott
Charity	number		1055640
Company		number	03160299
Registered		office	Stan Ball Centre Abbotts Street
			Bloxwich
			Walsall
			West Midlands
			WS3 3AZ
Auditor			BKPlus Audit Limited
			Azzurri House
			Walsall Road
			Aldridge
			Walsall
			WS9 ORB

			Page
Trustees'	report		1-5
Statement	oftrustees'	responsibilities
Independent auditor's		report	7-9
Statement	of financial	activities	10
Balance	sheet
Statement ofcash flows
Notes to	the financial	statements	13-22

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Tots I
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes	E	E		E	E	E
jllomagro~ Government grants Charitable activities Investments		3 4 5	1,138,727 1,256	234,081	1,372,808 1,256	839,713 55	4,239 194,699	4,239 1,034,412 55
Total Income			1,139,983	234,081	1,374,064	839,768	198,938	1,038,706
'
Ex endi re o Raising funds		6	7,579		7,579	6,710		6,710
Charitable activities		7	1,016,803	245,181	1,261,984	715,214	233,221	948,435
Total expenditure			1,024,382	245,181	1,269,563	721,924	233,221	955,145
Net incomingl(outgoing)
resources before transfers			115,601	(11,100)	104,501	117,844	(34,283)	83,561
Gross transfers between funds			(11,100)	11,100		(34,283)	34,283
Net incoming resources			104,501		104,501	83,561		83,561
Other recognised	gains and losses
Revaluation of
tangible fixed assets				25,000	25,000
Net movement in	funds		104,501	25,000	129,501	83,561		83,561
Fund balances at 1 2022		April	662,129	575,000	1,237,129	578,568	575,000	1,153,568
Fund balances at March 2023	31		766,630	600,000	1,366,630	662,129	575,000	1,237,129

					2023		2022
				Notes	6		8
Fixed assets
Tangible assets						632,030		611,637
Current assets
Stocks				12	1,700		1,700
Debtors				13	122,835		88,604
Cash at bank and	in	hand			777,536		731,659
					902,071		821,963
Creditors: amounts		falling	due within
one year					(167,471)		(196,471)
Net current assets						734,600		625,492
Total assets less	current		liabilities			1,366,630		1,237,129
Income funds
General restricted	funds				79,950		79,950
Revaluation reserve					520,050		495,050
						600,000		575,000
Unrestricted funds						766,630		662,129
						1,366,630		1,237,129

				2023		2022
			Notes			E
Cash flows from operating activities Cash generated from operations			19		48,780		147,465
Investing Purchase Investment	activities of tangible fixed assets income received			(4,159) 1,256		(20,715) 55
Net cash	used In investing	activities			(2,903)		(20,660)
Net cash	used in financing	activities
Net Increase In cash and cash equivalents					45,877		126,805
Cash and	cash equivalents	at beginning	ofyear		731,659		604,854
Cash and	cash equivalents	at end of	year		777,536		731,659

3	Government	grants	grants
					Total	Restricted
						funds
					2023	2022
					E	E
	Covid-19 Job Retention			Scheme Grant		4,239
4	Charitable activities
					2023	2022
					E	E
	Government and public bodies Activities for generating funds Other charitable activities				686,462 49,951 636,395	605,272 32,618 396,522
					1,372,808	1,034,412
	Analysis by fund Unrestricted funds Restricted funds				1,138,727 234,081	839,713 194,699
					1,372,808	1,034,412
5	Investments
					2023	2022
					E
	Interest receivable				1,256	55

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
				6
Advertising			469	88
Other fundraising		costs	7,110	6,622
Fundraising	and	publicity	7,579	6,710
			7,579	6,710

Charitable activities
			2023 f	2022f
Premises costs			39,013	28,217
Youth expenses Catering and refreshments Day care transport costs Day care —other costs Community event costs			972 32,928 136,213 572 2,321	18,027 22,227 95,237 726
Big Lottery Awards for All Big Lottery Friends for All SERCO expenditure Making Connections Public Health —Thrive Bus			1,543 3,929 8,227 -106 90,030	4,368 4,286 884 72,779
Youth Bus Expenditure Active Black Country —Tackhng Palace Play Neighbourhood Natters Bad debts	Equalities		8,589 406	7,925 1,013 148 84 1,024
NHCE Funding Expenditure Local Council - Holiday Activities	Fund		437 16,755	10,324
I ocal Council —Shielding Project				408
Local Council-Winter Support Fund Local Council- Lateral Flow Testing Site			34,201	17,551 399
Local Council- Walsall Connected			6,771	687
Local Council- Community Development			570	19
Local Council-We Are Walsall			1,289
Local Council-Walsall Connected		(HUB)	267
Local Council —POP Project			14,005
			398,932	286,333
Support costs Management and administration	expenses		535,426 327,628	396,058 266,044
			1,261,984	948,435
Analysis by fund Unrestricted funds			1,016,803	715,214
Restricted funds			245,181	233,221
			'l,261,984	948,435

The aver	age monthly number of employees during t	he year was:
		2023	2022
		Number	Number
Directors		6	7
Salaried	employees	33	28
Total		39	35

			Freehold land	Fixtures and	Computers	Motor vehicles	Total
			aod bugdlnge	fittings
			5	6	6	5
Cost or valuation
At 1 April 2022			575,000	129,307	108,285	10,000	822,592
Additions				2,287	1,872		4,159
Revaluation			25,000				25,000
At 31 March	2023		600,000	131,594	110,157	10,000	851,751
Depreciation	and impairment
At 1 April 2022				102,747	101,986	6,222	210,955
Depreciation	charged	in the year		5,768	2,053	945	8,766
At 31 March	2023			108,515	104,039	7,167	219,721
Carrying amo unt
At 31 March	2023		600,000	23,079	6,118	2,833	632,030
At 31 March	2022		575,000	26,560	6,299	3,778	611,637

12	Stocks
										2023	2022
										E	E
	Raw materials		and	consumables						1,700	1,700
13	Debtors
										2023	2022
	Amounts	falling due			within	one year:				E	E
	Trade debtors									52,717	69,655
	Other debtors									5,400	9,105
	Prepayments		and	accrued income						64,718	9,844
										122,835	88,604
14	Creditors: amounts				falling due within one		year
										2023	2022
									Notes		E
	Other taxation and			social security							9,422
	Deferred	income								62,939	72,852
	Trade creditors									40,043	55,342
	Other creditors									318	3,165
	Accruals	and	deferred		income					64,171	55,690
										167,471	196,471
15	Deferred	income
										2023	2022
										E	E
	Arising from		funding		received	in advance				62,939	72,852
	Deferred	income is included				in the financial	statements	as follows;
										2023	2022
										E	E
	Deferred	income		ls included		within:
	Current	liabilities								62,939	72,852
	Movements		in the	year.


16	Deferred	Income			(Continued)
	Deferred	income at	1 April 2022	72,852	69,783
	Resources deferred		in the year	(9,913)	3,069
	Deferred	income at	31 March 2023	62,939	72,852
16	Analysis	of net assets between funds

		tfnrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
		E	E	E	E	E
Fund balances at 31
March 2023	are
represented	by:
Tangible assets		32,030	600,000	632,030	36,637	575,000	611,637
Current assets/(liabilities)		734,600		734,600	625,492		625,492
		766,630	600,000	1,366,630	662,129	575,000	1,237,129

	2023	2022
	E	E
Within one year	2,048	2,048
Between two and five years	5,121	7,169
	7,169	9,217

19	Cash generated from	Cash generated from	operations	operations				2023	2022
									6
	Surplus for the year							104,501	83,561
	Adjustments for:
	Investment income	recognised		in statement		of financial	activities	(1,256)	(55)
	Depreciation and impairment of tangible				fixed assets			8,766	9,673
	Movements in working		capital:
	(Increase)/decrease	in	debtors					(34,231)	7,874
	(Decrease)/increase	in	creditors					(19,087)	43,345
	(Decrease)/increase	in	deferred	income				(9,913)	3,069
	Cash generated from		operations					48,780	147,467