2022-03-31-accounts - Options For Life

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				Restricted	Designated	Unrestricted	Total funds	Total funds
				funds	funds	funds	2022	2021
			Notes		8	g		f.
Income from.
Donations	&	legacies				843	843	5,189
Charitable	activities			43,263		1,328,772	1372,035	1,633,055
Other trading		activities				5,426	5,426	10,500
Investments						3,072	3,072	4,423
				43,263	0	1,338,113	1,381,376	1,653,167
Expenditure		on:
Charitable	activities		3	39&351		1,519,186	1,558,537	1,359,885
				39,351	0	1,519,186	1,558,537	1,359,885
Net income	I	(expendimre)		3,912	0	(181&073)	(177&161)	293,282
Transfer between funds			12		61,000	(61,000)
Net movement		in funds		3,912	61,000	(242,073)	(177,161)	293,282
Reconciliation		offunds:
Total funds	brought forward			31,476	712,000	1,719,260	2,462,736	2,169,454
Total funds	carried forward			35,388	773,000	1&477,187	2,285&575	2,462,736

		Notes	2022		2021 (Restated)
Fixed assets
Tangible assets				1,229,544		1,265,441
Current assets
Debtors		8	145,777		32,687
Investments		9	135,002		160,000
Cash at bank and in	hand	10	882&051		1,054,446
			1,162,830		1,247,133
Liabilities
Creditors: Amounts	falling due in
less than one year			(106,799)		(49,838)
Net current assets				1,056,031		1,197,295
Total assets				2,285,575		2,462,736
The Funds of the charity
Restricted funds		12		35,388		31,476
Unrestricted funds
Designated funds		12		773,000		712,000
Unrestricted funds		12		1,477,187		1,719,260
				2&285,575		2,462,736

				2022	2021(restated)
Cash llom from operating activities;
Net cash used in operating activities				(I85,785)	449,203
Cash llom from investing activities:
Dividends. interest and tent from investments				3,072	4,424
Proceeds hum the sale ofinves taunts				160,000	427,627
Purchase ofinvestments				(135,002)	(160,000)
Purchase ofproperty, plant and equipment				(14,680)	(28.024)
Net cash provided by investing activities				l05H	240020
Reconciliation ofnet cash flow to momment			in funds
Change in cash and cash equivalents	in the year			(172395)	693,230
Cash and cash equivalents at I April				1,054,446	361,216
Cash and cash equivalents at 31 March				505020 I	0,05405
Reconciliation ofnext mmement in funds		to
net cash outllow from operating actiniies
Net movement in funds for the year ended		31 March 2022		(177,161)	293.282
Adjus Imenh for:
Depreciation				50377	47,077
Dividends, interest and mnt lrom investments				(3,072)	(4,424)
Decrease/(Increase) in debtors				(113,090)	142,881
increase in other cmdiiors				5636I	(29,613)
Net cash usedin operating activities				51505,2I052	409200
Analysis ofcash and cash equivalents
Notice deposits (up to 3months)				425305	382,621
Cash in hand				456346	671,825
Cash and cash equivalents				802,001	1,054,040

2 Income
							2022	2021
Restricted income
Charitable activities
Mencap							13,426
Kickstart							14,649
Screwftx Foundation							4,680
The Roger 6t Douglas Charitable		Trust					3,000
Sandwell MBC —Community	Ini'restructure					Levy	508
Will Charitable Trust							7,000
Baily Thomas Charitable Fund								10,000
Skipton Building Society Charitable			Foundation					1,983
Sandwell MBC re notional ground			rent					4,200
Total restricted income &om charitable				activities			43,263	16,183
Unrestricted income
Charitable activities
Adult social care- Sandwell MBC							960,716	1,104,944
Coronavirus Job Retention Scheme			grant		—HMRC			336,054
Additional Restrictions Support	Grant			—SMBC				98,500
Direct payments							219,147	68,138
NHS Sandwell k.West Birmingham			CCG				109,639
One to One Support —Sandwell	MBC						8&990	8,356
Govenunent Grant - reclaimed	Statutory				SickPay		2,113
SMBC - Infection Control Grant							14,833
SMBC —Omicmn Hospitality Grant							13,334
Social business income								(20)
Neighbourly Community Fund								400
WELD Charitable Trust								500
Total unrestricted income &om	charitable				activities		1,328,772	1,616,872
Total income &otn charitable activities							1,372,035	1,633,055
Other trading activities income
Activities, fund raising and sales ofwork							4,619
Insurance settlement								9,800
Room lure charges							807
Surplus on disposal ofassets								700
							5&426	10,500

Expenditure						2022	2021
Charitable Service	Operational			Costs
Direct staffing costs						880,827	837,002
Severance costs						19,044	26,690
indirect staff related	costs					31,536	19,868
Pretnises, repairs and	running		costs			38,636	35,588
Cleaning, personal protective			equipment		and waste disposal	10,357	14,651
Vehicle and transport	costs					40,815	39,436
Activities and materials						38,S59	4,607
IT and otnce costs						15,370	8,530
Depreciation costs						38,391	41,649
Total charitable operational		costs				1,113,835	1,028,021
Management and Support Costs						377,600	317,806
Governance costs						27,751	19,058
Total charitable expenditure						1,519,186	1,359,885

									2022	2021
									f.	f
	Management	support				costs
	Salaries								264,410	227,141
	Staffrecruitment,			training,			travel, other		7,430	8,010
	Offtce costs								60,213	45,537
	External professional				support				16,259	9,452
	Miscellaneous								0	2,375
	Equipment depreciation								5,590	5,428
	Vehicle costs								3,473	2,449
	Premises related		costs						20,225	12,414
									377,600	312,806
	Governance costs
									2022	2021
	Audit								9,264	9,743
	Other insurance		costs						6,716	5,795
	Bank charges								1,974	1,268
	Professional dr	consultancy						fees	9,450	2,160
	Miscellaneous								347	92
									27,751	19,058
5	Net movement	in		funds		for		the year
									2022	2021
	The net movement			in funds			for the year is stated atter charging:
	Depreciation oftangible					assets			50,577	47,077
	Operating lease	expenditure							33,881	33,568
	Audit								9,264	9,743

Staff costs
				2022	2021
				8
Wages L salaries				1,046)897	981,968
Social security costs				62$40	49,855
Pension costs				31421	32,320
				1,141358	1,064,143
				Number	Number
The average	monthly	number ofstaff employed	by the charity
during the year was		as follows:
Administrative				10	8
Project based				49	60
				59	68

			Office
	Freehold properties	Leasehold Improvements	equipment I fixtures &	Vehicles	Total
			fittings
Cost
As at 1 April 2021	1,585,963	19,492	187,164	30,150	1,822,769
Additions		14,680			14,680
As at 31March 2022	1,585,963	34,172	187,164	30,150	1,837,449
Depreciation
As at 1 April 2021	386,216	6,034	134,928	30,150	557)328
Charge for the year	27,521	3,172	19,884		50,577
As at 31March 2022	413,737	9,206	154,812	30,150	607,905
Net BookValue
As at31March 2022	1,172,226	24,966	32,352		1,229,544
As at 31March 2021	1,199,747	13,458	52,236		1,265,441

Debtors
			2022	2021
Trade debtors			55,153	11,273
Prepayments 415 sundry		debtors	90,624	21,414
			145,777	32,687
Investments
			2022	2021 (restated)
Market value brought	forward		160,000	427,627
Additions to investments		at cost	135,002	160,000
Disposals at carrying	value		(160,000)	(427,627)
Market value as at 31	March		135,002	160,000
Comprised:
Investments at fair value		comprised
Cash on deposit			135,002	160,000

10	Bank and cash
			2022	2021 (restated)
	Bank accounts		877,145	1,051,884
	Petty cash		4 906	2 562
			002,051	1,054,446
11	Creditors: Amounts	falling due in less than one year
			2022	2021
	Trade creditors		6,508	6,474
	Accrued expenses		72,210	23,677
	Tax and social security		17,846	11,038
	Pensions		6,890	5,364
	Other creditors		3,345	3,285
			106,799	49,838

FUNDS
			I April	2021	Income	Expenditure	31March 2022
Restricted Funds			8
Mencap					13,426	(13,426)
Kickstart Grant					14,649	(14,649)
Screwfix Foundation					4,680	(4,680)
Roger &Douglas Turner	Charitable	Trust			3,000		3,000
Will Charitable Trust					7,000		7,000
Sandwell Council					508		508
Clothworkers Foundation			14,797			(5,062)	9,735
Richardson Brothers				3,000			3,000
Turner Trust				692		(346)	346
Edward Gostling Foundation				2,987		(355)	2,632
Baily Thomas Charitable	Fund		10,000			(833)	9,167
Total restricted funds			31,476		43,263	(39,351)	35,388

Mencap			Funding	towards Lets Go Digital and	towards Lets Go Digital and	Lets Get	Active
			projects.	The purchase	ofcomputer tablets	and other ITdigital
			equipment	as well as introduction of		interactive	fitness
			sessions.
Kickstart Grant			Grant towards the 6month em lo ent of			two oun	eo le.
Screwfix Foundation			Grant towards the renovation of the kitchen at Oak				Green
			Lod e.
The Roger and	Douglas	Turner	To develop further the		Lets Go Digital project.
Charitable Trust
Sandwell Council —Community			To assist	in purchasing	ofcomputer tablets	forparticipants.
In&astructure Le Fund
Will Charitable	Trust		To urchases additional		musical e ui ment	for sessions.
Clothworkers	Foundation	and	To purchase music and		sensory equipment	at Acorn Lodge.
Richardson Brothers
Turner Trust			Used to	urchase musical instruments.
Edward Goslin	Foundation		Used for	wet room im	rovements at the Ashes centre.
Bail Thomas Charitable		Fund	Su orted livin flat renovation at Ashes centre.

Unrestricted	funds
			2022	2021
Unrestricted	capital funds brought	forward	1,719,260	1,461,224
Movement	for the year		(181,073)	285,036
Transfer to/from Designated Funds			(61,000)	(27,000)
Unrestricted	funds carried forward		1,477,187	1,719,260

Designated	funds
					2022	2021
					5
Designated	funds		brought	forward	712,000	685,000
Movement	in the		year		61,000	27,000
Total designated		funds carried forward			773,000	712,000
Total unrestricted			funds		2,250,187	2,431,260

		Tangible fixed	Other net assets/
		assets	liabilities	Total
Restricted			35,388	35388
Unrestricted	funds
Designated	funds		773,000	773,000
Unrestricted	funds	1,229,545	247,642	1,477,187
		1,229,545	1,056,030	2&285&575

and pho	toco	piers:
			2022	2021
Within	one	year	32,178	31,678
Within	two	to five years	16,801	39,665
			48,979	71,343

			Restricted	Designated	Unrestricted	Total funds
			funds	funds	funds	2021
		Notes			6
Income from:
Donations dt legacies					5,189	5,189
Charitable activities		2	16,183		1,616,872	1)633,055
Other trading activities		2			10,500	10,500
Investments					4,423	4,423
			16,183	0	1,636,984	1,653,167
Expenditure on:
Charitable activities			7,937		1,351,948	1,359,885
Net (expenditure) /	income		8,246		285,036	293,282
Transfer between funds				27,000	(27,000)
Net movement in funds			8,246	27,000	258,036	293,282
Reconciliation offunds:
Total funds brought	forward		23,230	685,000	1,461,224	2,169,454
Total funds carried	forward		31,476	712,000	1,719,260	2,462,736