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2022-09-30-accounts

		Page
INFORMATION
DIRECTORS REPORT		2 to 4
STATEMENT OF FINANCIAL	ACTIVITIES
BALANCE SHEET
NOTES TO THE FINANCIAL	STATEMENTS	7to 12
INDEPENDENT EXAMINERS	REPORT	13

For the yea	r ended	30Septe	mber 202	2
				Unrestricted	Restricted	Total	Total
			Notes	Funds	Funds	Funds	Funds
				2022	2022	2022	2021
				year	year	year	year
Income
Charitable	Activities
Community	Day Nursery
Local Authority SLA					45,225	45,225	45,225
Nursery fees				189,956		189,956	141,190
Govt CV19	Furlough	Support	Grants	7,817		2,817	47,698
Donations				3,000	500	3,500	1,400
				195,773	45,725	241,498	235,513
Investment	income
Bank Interest
Total Income				195,773	45,725	241,498	235,518
Expenditure
Charitable	Activities
Community	Day Nursery		3a	202,094	45,725	247,819	233,412
Total Expenditure				202,094	45,725	247,819	233,412
Net income				(6,321)		(6,321)	2,106
Reconciliation offunds
Total funds	brought	forward		2,776	112,996	115,772	113,666
Total funds	carried	forward		(3,545)	112,996	109,451	115,772

SANDWELL 4	DISTRIC	T WEST INDIAN	COMMU	NITY
(A Company Limited	by Guarantee)	number 3609502
BALANCE SHEET AS AT 30		September 2022
		Notes		2022		2021
FIXEDASSETS
Tangible Assets				116,052		116,522
				116,052		116,522
CURRENT ASSETS
Debtors		7	3,953		2,352
Bank &Cash		8	446		830
Total			4,399		3,182
Creditors: Amounts	falling due	9	11,000		3 932
Within One year
NET CURRENT	ASSETS			(6,601)		(750)
Creditors: Amounts	falling after
One year
NET ASSETS				109,451		115,772
Funds
Restricted Funds
Capital funds				112,996		112,996
Unrestricted Funds				(3,545)		2,776
TOTAL				109,451		115,772

			f
			2022	2021
2 Governance
Independent Examiners		Fees	3,000	3,750
Bank Charges			117	252
Other Professional	Costs (less excess accruals)			(764)
Total Expenditure			3,117	3,238

					2022			2021
3.Direct charitable
expenditure
3a Nursery Costs
Salaries &Wages						196,7]0			171,954
Nursery direct expenditure:
Food & Water Cooler				12,780			14,935
Repairs and Maintenance				3,210			9,458
Cleaning &Hygiene				5,556			7,074
Telephone &.Postage				5,643			5,389
Heat &Light				3,819			4,175
Printing & Stationery				2,682			3,180
Governance Costs				3,117			3,238
Insurance				2,826			2,129
Events/Activities/Outings				1,068			1,550
Toys &Resources				2,605			2,287
HR support				1,950			1,650
Sundry Exps				714			760
Training				1,335			1,655
Rates and water costs				724			684
Sundry Transport				250			594
Advertising				1,180			736
Finance Services				510			600
Depreciation				470			470
Books &Resources				185			349
IT Systems				265			661
Regulatory costs				220			220
						51,109			61,794
Total Expenditure						247,819			233,748
						2022			2021
4.Net movement	in funds for		the year
The net movement	in funds for the period is			stated
after charging:
Depreciation oftangible		assets				470			470
Statutory Accounts	Processing		and Preparation	and
Independent Examination						3,000			2,800


5.Staff Costs		and	RPT'	s								2022	2021
No remuneration or expenses					were paid to	the trustees		in the	period			f.
Salary Costs												187,184	165,019
Social Security costs (after Employers NHI						55K	allowance)					6,506	4,538
Ers Pension	costs											3,020	2,397
												196,710	171,954
The average	weekly number ofstaff employed											14	12
by the charity		during the		period was as follows:
No employee		received more than f60,000 in emoluments
6.Tangible	fixed		assets	for use by the Charity
												2022	2021
						Fixtures Fittings			Preebold	nursery		Total	Tots I
							Equip		Property	Refurbishment
Cost as at 1	October 2021						59,523		112,994	274,348		442,165	442,165
Additions for		the period
Cost as at 30		September		2022			59 523		112,994	274,348		446,865	446,865
Depreciation		as at	1 October 2021				59,522			270,821		330,343	329,873
Charge for the period											470	470	470
Depreciation		at 30	September		2022		59,522			271,291		330,813	330,343
Net book Value as			at 30	September 2022					112,994	3,057		116,052	116,522
												2022	2021
7.Debtors													f.
Trade Debtors												3,141	1,542
Prepayments												812	810
												3,953	2,352
8.Bank and	Cash
Bank Accounts												446	830
													830
9.Creditors		(Amounts		falling due within one			year)
Accruals												3,000	2,800
PAYE due												8.000	1,132
												11,000	3,932
9.Creditors		(Amounts		falling due in more than one				year)
Other creditors

11.Fund Balances	11.Fund Balances	Restricted	Unrestricted	Total
		Fundsf	Funds F	Fundsf
Funds B/forward	as at I October 2021	112,996	2,776	115,772
Loss for the period			(6,321)	(6,321)
Surplus c/forward	as at 30 September 2022	112,996	(3,545)	109,451
		Restricted	Unrestricted
Analysis ofNet	Assets by Fund	Funds	Funds	Total Funds
Fixed Assets		112,996		112,996
Net Current Assets			(3,545)	(3,545)
Net Assets		112,996	(3,545)	109,451

Sadwica	has annual comm	itments under non cancellable lea	ses:
			2022	2021
			Equipment f	Equipment f
Operating	lease payments	are as follows:
Within one year			5,000	5,000
In one to	two years		5,000	5,000
In two to	five years			10,000
			10,000	20,000

For the 12	Months	ended 30September 2021	ended 30September 2021	ended 30September 2021
				Unrestricted	Restricted	Total
			Notes	Funds	Funds	Funds
				2021	2021 f	2021
				year	year	year
Income
Charitable	Activities
Community	Day Nursery
Local Authority SLA					45 225	45 275
Nursery fees				141,190		141,190
Govt CV19	Furlough	Support Grants		47,698		47,698
Donations				1 400		1,400
				190,288	45 225	235,513
Investment	income
Bank Interest
Total Income				190,293	45 225	235,518
Expenditure
Charitable	Activities
Community	Day Nursery		3a	188,187	45 225	233412
Total Expenditure				188,187	45,225	233,412
Net income				2,106		2,106
Reconciliation offunds
Total funds	brought	forward		670	112,996	113,666
Total funds	carried forward			2,776	112,996	115,772