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|||Page|
|---|---|---|
|Trustees'
Annual
Report||1-8|
|Report of the Independent|Examiner|9|
|Statement of Financial Activities||10|
|Balance Sheet||11-12|
|Statement
of Cashflows||13|
|Notes to the Financial Statements||14-26|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|2023|Funds|funds|2022|
|||Note|6|6|6||6|6|
|||||(Note 14)|||(Note 14)||
|Incoming resources|||||||||
|Activities for generating||funds|||||||
|Trading income (incl. trading
subsidiary
income)|||689,550|34,550|724,100|647,399|36,260|683,659|
|Investment
income||6|4,323||4,323|189||189|
|Incoming resources from|||||||||
|charitable
activities|||||||||
|Grants receivable||||36,424|36,424|12,000|35,145|47,145|
|Other income|||8,778|4,863|13,641|5,557|3.650|9.207|
|Total incoming resources|||702,651|75,837|778,488|655,145|75,055|740,200|
|Resources expended|||||||||
|Cost ofgenerating
funds|||||||||
|Costs ofgenerating
voluntary
income|||5,099||5,099|3,955||3,955|
|Trading costs (incl. trading
expenditure)||subsidiary|488,849|42,991|531,840|464,655|24,202|488,857|
|Charitable
activities|||168,251|48,430|216,681|133,424|51,798|185,222|
|Governance costs|||21,384||21,834|20,345||20,345|
|Total resources expended||9|683,583|91,421|775,004|622,379|76,000|698,379|
|Net incoming/(outgoing)|||||||||
|resources being net|||19,068|(15,584)|3,484|42,766|(945)|41,821|
|movement
offunds|||||||||
|Transfers between
funds|||(2)|2|-|6,500|(6,500)||
|Fund balances brought
at 1April|forward||451,767|63,527|515,294|402,501|70,972|473,473|
|Fund balances carried forward
at 31March|||470,833|47,945|518,778|451,767|63,527|515,294|
##
##
||||||Group||Charitable|Company|
|---|---|---|---|---|---|---|---|---|
|||||2023||2022|2023|2022|
||||Note|6||f|f|f|
|Fixed assets|||||||||
|Tangible fixed assets|||10|37,930||54,843|37,930|54,843|
|Investments|||11||||3|3|
|||||37,930||54,843|37,933|54,846|
|Current assets|||||||||
|Debtors|||12|44,917||41,992|23,258|37,810|
|Cash at bank||||562,509||553,291|523,737|452,322|
|||||607,426||595,283|546,995|490,132|
|Creditors: amounts||falling due|||||||
|within one year|||13|(126,578)||(134,832)|(66,150)|(29,684)|
|Net current|assets|||480,848||460,451|480,845|460,448|
|Net assets||||518,778||515,294|518,778|515,294|
|Funds|||||||||
|Unrestricted|funds||||||||
|—General fund|||14|470,833||451,767|470,833|451,767|
|Restricted funds|||14|47,945||63,527|47,945|63,527|
||||14|518,778||515,294|518,778|515,294|
##
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||||2023|2022|
|---|---|---|---|---|
||||E||
|Cashflowe from Operating|Activities||||
|Operating
Profit for the year|||3,484|41,821|
|Adlustments
for:|||||
|Depreciation
charged
in year|||16,913|16,578|
|(Increase)
in Debtors|||(2,925)|(1,731)|
|(Decrease) / Increase
in Creditors|||(8,254)|7,001|
|Interest Received|||(4,323)|(189)|
|Net Cash from Operating|Activities||4,895|63,480|
|Cashflows from Investing|Activities||||
|Purchase of Fixed Assets during the year||||(2,692)|
|Net Cash from Investing
Activities||||(2,692)|
|Cashflows from Financing|Activities||||
|Interest Received|||4,323|189|
|Net Cash from Financing Activities|||4,323|189|
|Net Increase/(Decrease)|in Cash and Cash Equivalents||9,218|60,977|
|Cash and Cash Equivalents|at beginning|ofyear|553,291|492,314|
|Cash and Cash Equivalents|at end ofyear||562,509|553,291|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Gross incoming resources||||||246,648|251,343|
|Fundraising
costs of|grants||and|donations||(5,099)|(3,955)|
|Charitable
activities||||||(216,681)|(185,222)|
|Governance
costs||||||(21,384)|(20,345)|
|Net incoming/(outgoing)||resources||||3,484|41,821|
|Total funds brought|forward|||||515,294|473,473|
|Total funds carried forward||||||518,778|515,294|
|Represented
by:||||||||
|Restricted
income funds||||||47,945|63,527|
|Linrestricted
income|funds|||||470,833|451,767|
|NET INCOMING/(OUTGOING)|||RESOURCES|||||
|||||||2023|2022|
|||||||E|E|
|Net incoming/(outgoing)||resources|||isstated after charging:|||
|Auditor/Independent|examiner's|||remuneration||||
|-audit/independent|exam|||||2,972|2,532|
|Operating
leases||||||||
|—rent payable||||||4,600|4,600|
|- plant and machinery||||||3,005|3,005|
|Depreciation
oftangible||fixed assets||||||
|—owned assets||||||16,913|16,578|
##
|||Unrestricted|Restricted|Total 2023|Unrestricted|Restricted|Total 2022|
|---|---|---|---|---|---|---|---|
|||2023|2023||2022|2022||
|Interest|Received|4,323||4,323|189||189|
##
|||Unrestricted|Restricted|Total 2023|Unrestricted|Restricted|Total 20ZZ|
|---|---|---|---|---|---|---|---|
|||2023|2023||2022|2022||
|Donations||630|4,863|5,493|599|3,650|4,249|
|Tickets &|Events|3,148||3,148|958||958|
|Employers|Allowance|5,000||5,000|4,000||4,000|
|||8,778|4,863|13,641|5,557|3,650|9,207|
||||Staff||Grants|Support|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Costs|Depreciation|Payable|Costs|2023|2022|
||||||E|E|E|E|
|Costs ofgenerating|funds||||||||
|(Unrestricted)|||||||||
|Cost ofgenerating|voluntary|income|4,863|||236|5,099|3,955|
|Trading costs|||422,499|||66,350|488,849|464,655|
|Charitable
expenditure|||116,299|9,067||42,885|168,251|133,424|
|Governance|||17,800|||3,584|21,384|20,345|
||||561,461|9,067||113,055|683,583|622,379|
||||Staff||Grants|Support|Total|Total|
||||Costs|Depreciation|Payable|Costs|2023|2022|
||||||E|E|E|6|
|Costs ofgenerating|funds||||||||
|(Restricted)|||||||||
|Cost ofgenerating|voluntary|income|||||||
|Trading costs|||36,838|||6,153|42,991|24,202|
|Charitable
expenditure|||5,291|7,846|1,725|33,568|48,430|51,798|
|Governance|||||||||
||||42,129|7,846|1,725|39,721|91,421|76,000|
|||||||2023|2022||
|Staff costs:||||||6|6||
|Wages and salaries|||||558,197||501,271||
|Social security costs|||||36,495||29,127||
|Pension costs||||||8,897|7,874||
||||||603,589||538,272||
||||||Number||Number||
|Average number of|persons|employed|by the group|was as follows;||37|38||
##
|TOTAL RESOURCES EXPENDED (Continued)|TOTAL RESOURCES EXPENDED (Continued)|TOTAL RESOURCES EXPENDED (Continued)||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|E|
|Support costs include:||||||
|Rent and room hire||||19,836|19,010|
|General and water rates||||5,165|2,922|
|Light and heat||||33,186|20,178|
|Insurance||||9,382|7,922|
|Office expenses||||10,115|15,068|
|Advertising||||360|360|
|Repairs and renewals||||12,553|20,047|
|Medical supplies|and cleaning|||7,608|6,324|
|General supplies||||20,164|16,825|
|Training||||744|4,025|
|Nursery resources|and|activity||9,831|7,612|
|Events and projects||||7,066|4,731|
|Travel and expenses||||1,033|1,095|
|Sundry expenses||||4,760|7,140|
|Professional
fees||||10,642|10,084|
|Bank and credit charges||||1,187|1,165|
|Bad debts recovered||||(1,205)|(1,981)|
|Bad debts||||349|702|
|||||152,776|143,229|
|TANGIBLE FIXEDASSETS|||l.easehold|Fixtures||
||||land and|fittings &||
|Group and charitable||company|buildings|equipment|Total|
||||E|E|6|
|Cost||||||
|1April 2022|||773,460|338,402|1,111,862|
|Additions||||||
|Disposals||||(247,174)|(247,174)|
|31March 2023|||773,460|91,228|864,688|
|Depreciation||||||
|1April 2022|||725,992|331,027|1,057,019|
|Charge for year|||13,563|3,350|16,913|
|Eliminated
on disposal||||(247,174)|(247,174)|
|31March 2022|||739,555|87,203|826,758|
|Net book amount||||||
|31March 2023|||33,905|4,025|37,930|
|31Iviarch 2022|||47,468|7,375|54,843|
##
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##
|A summary
ofthe re|sults ofthe|subsidiary
is shown
below;||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6|6|
|Turnover||||576,041|524,682|
|Cost ofsales||||(498,170)|(450,309)|
|Gross profit||||77,871|74,373|
|Administrative
expenses||||(38,671)|(38,548)|
|Interest receivable||||||
|Other operating
income||||4,500|9,209|
|||||48,700|45,034|
|Gift aid to Willenhall|Community|Forum Limited||(48,700)|(45,034)|
|Retained
in the company||||||
|The aggregate ofthe|assets, liabilities
and funds was as follows:|||||
|Assets||||96,272|118,780|
|Liabilities||||(96,269)|(118,777)|
|Funds
(representing
3 ordinary
shares of El each (2022: 3) and
profit and loss account ofENil (2022:fNil)|||a|||
##
||||||||Group|Group||Charitable|Company|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2023|2022||2023|2022|
|12|DEBTORS||||||E|E||E|E|
||Trade debtors||||||23,198|14,528||15,198|8,851|
||Amounts|due from subsidiary|||undertaking||||||13,629|
||Other debtors|||||||||||
||Prepayments
and accrued|||income|||21,719|27,464||8,060|15,330|
||||||||44,917|41,992||23,258|37,810|
|13|CREDITORS|||||||||||
||||||||Group|||Charitable|Company|
||||||||2023|2022||2023|2022|
||||||||E|E||E|E|
||Amounts|falling due within one year:||||||||||
||Trade creditors||||||17,002|22,854||3,041|5,592|
||Amounts|due to subsidiary||undertaking||||||35,841||
||Other taxation and social security||||||7,022|6,283||7,022|6,283|
||Other creditors||||||7,984|7,775||7,984|7,775|
||Accruals|and deferred|income||||94,570|97,920||12,262|10,034|
||||||||126,578|134,832||66,150|29,684|
||Deferred|income||||||||||
||Included|in accruals and deferred||||income above|is the following|deferred|income:|||
||||||||||||2023|
||||||||||||E|
||Deferred|income brought||forward|||||||84,250|
||Recognised
in the year||||||||||75,997|
||Released|in the year|||||||||(84,250)|
||Deferred|income carried forward|||||||||75,997|
|14|STATEMENT OF FUNDS||||||||
|---|---|---|---|---|---|---|---|---|
|||||Balance||||Balance|
|||||31March|Incoming|Resources||31March|
|||||2022|resources|expended|Transfers|2023|
|||||E|E|E|f|f|
||General reserves|||451,767|702,651|(683,583)|(2)|470,833|
||Restricted funds||||||||
||2 yr old Capacity Grant|||27,462||(7,846)||19,616|
||Early Years Pupil Premium|||16,119|12,340|(16,119)||12,340|
||Early Years Disability Access|||4,666|1,600|(4,666)||1,600|
||Pupil Premium
PEP|||200||(200)|||
||High Needs Top Up|||1,396||(1,396)|||
||Sen Inclusion
Funding||||16,110|(16,110)|||
||Willenhall
Food Hub|||12,834|25,562|(26,648)||11,748|
||National
Lottery||||10,000|(10,000)|||
||Coventry
City Council Recovery Ik Support||||3,225|(2,584)||641|
||Coventry
UK City ofCulture|Trust|||500|(500)|||
||Think Active CSW Together|Fund|||2,000|||2,000|
||Persimmon
Homes Community||Champions|700||(700)|||
||The Soil Association|||150||(152)|||
||Education
and Skills funding||||4,500|(4,500)|||
||Total restricted
funds|||63,527|75,837|(91,421)|2|47,945|
||Totalfunds|||515,294|778,488|(775,004)||518,778|
##
##
|STATEMENT OF FUNDS (Continued)|STATEMENT OF FUNDS (Continued)|STATEMENT OF FUNDS (Continued)|STATEMENT OF FUNDS (Continued)||||||
|---|---|---|---|---|---|---|---|---|
|||||Balance||||Balance|
|||||31March|Incoming|Resources||31March|
|||||2021|resources|expended|Transfers|2022|
|||||E|E|E|E|E|
|General reserves||||402,501|665,145|(622,379)|6,500|451,767|
|Restricted funds|||||||||
|Access to Volunteering||Fund||2,000|||(2,000)||
|2 yr old Capacity Grant||||35,309||(7,847)||27,462|
|Early Years Pupil Premium||||7,873|9,402|(1,156)||16,119|
|Early Years Disability|Access|||1,845|3,075|(254)||4,666|
|Pupil Premium
PEP||||100|100|||200|
|High Needs Top Up||||505|1,766|(875)||1,396|
|Sen Inclusion
Funding|||||12,707|(12,707)|||
|Whitefriars
Housing|Community||Pride|4,500|||(4,500)||
|Will enhall Food Hub||||15,486|26,523|(29,175)||12,834|
|Vinci UK Foundation||||491||(491)|||
|Clarion Community|Investment|||2,863|716|(3,579)|||
|Coventry
UK City of|Culture Trust||||2,250|(2,250)|||
|Persimmon
Homes Community|||Champions||1,000|(300)||700|
|HAF Programme|||||3,146|(3,146)|||
|The Soil Assooation|||||150|||150|
|Job Retention Scheme||Grant|||14,220|(14,220)|||
|Total restricted funds||||70,972|75,055|(76,000)|(6,500)|63,527|
|Total funds||||473,473|740,200|(698,379)||515,294|
##
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|15|ANALYSIS OF GROUP NET|||||||
|---|---|---|---|---|---|---|---|
||ASSETS BETWEEN FUNDS|||||||
|||Tangible|Net||Tangible|Net||
|||fixed|Current||fixed|Current||
|||assets|Assets|Total|assets|Assets|Total|
|||E|E|E|E|E|E|
|||2023|2023|2023|2022|2022|2022|
||Restricted funds|||||||
||2 yr old capacity grant|19,616||19,616|27,462||27,462|
||Early Years Pupil Premium||12,340|12,340||16,119|16,119|
||Early Years Disability Access||1,600|1,600||4,666|4,666|
||Pupil Premium
PEP|||||200|200|
||High Needs Top Up|||||1,396|1,396|
||Willenhall
Food Hub||11,748|11,748||12,834|12,834|
||Coventry
City Council|||||||
||Recovery
&.Support||641|641||||
||Think Active CSW Together|||||||
||Fund||2,000|2,000||||
||Persimmon
Community|||||||
||Champions|||||700|700|
||The Soil Association|||||150|150|
|||19,616|28,329|47,945|27,462|36,065|63,527|
||Unrestricted
funds|18,314|452,519|470,833|27,381|424,386|451,767|
|||37,930|480,848|518,778|54,843|460,451|515,294|
##
||2023|2022|
|---|---|---|
||E|E|
|Within one year|7,184|7,605|
|Between two and five years|7,890|15,074|
|After more than five years|||
||15,074|22,679|
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