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|||Page|
|---|---|---|
|Report ofthe Trustees||1to10|
|Report ofthe Independent
Auditors||11 to 12|
|Statement ofFinancial|Activities|13|
|Balance Sheet||14|
|Cash Flow Statement|||
|Notes to the Cash Flow Statement||16 to 17|
|Notes to the Financial|Statements|18 to 30|
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||White British||41.4|53.1|36.6|37 5|
|---|---|---|---|---|---|---|
|~|Other White
Arab|I|4
2|2.4
1.02|8.13|25|
|~|Asian/ Asian British: Chinese
Asian: Bangladeshi/
British|||1.2
30|I 25||
||Bangladeshi||||||
||Asian: Indian/
British Indian||5.3|6.0|15.5||
||Asian: Pakistani/
British||18 5|13.5|13||
||Pakistani||||||
||Black/ Black British: Black||7.3|2.8|2.4||
||African||||||
||Black/ Black British||||6.5||
||Caribbean||||||
||Mixed/multiple
ethnic group:|~|1.12|1.0|4||
||White and Asian||||||
||Mixed/multiple
ethnic group:||||||
||White and Black African||||||
||Mixed/multiple
ethnic group:||3.03|2.3|1.6||
||White and Black Caribbean||||||
||Other ethnicity|I|323|2. 1|2 44||
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|'Total
funds|Total
funds|
|||||funds|fends|||
|||Notes||||||
|INCOMING RESOURCES||||||||
|Incoming
resources from
Voluntary
income|generated|funds||572,532||572,532|205,306|
|Activities
for generating
funds||||76,578||76,578|162,411|
|Investment
income||||2,241||2,241|4,683|
|Incoming
resources from
Community
and therapeutic|charitable|activities||654,619|4,138,812|4,793,431|3,833,134|
|Accomodation||||1,574,863|342,191|1,917,054|1,689,293|
|Other incoming
resources||||36,931||36,931|5.435|
|Total incoming
resources||||2,917,764|4,481,003|7,398,767|5,900,262|
|RESOURCES EXPENDED||||||||
|Charitable
activities||||||||
|Community
and therapeutic||||598,713|4,538,313|5,137,026|3,876,772|
|Accomodation||||1,391,038|394,636|1,785,674|1,457,573|
|Fundraising
trading
Governance
costs|||10|158,091
~7848||158,091
~7848|165,524
6,720|
|Total resources expended||||2,155,690|4,932,949|7&088,639|5,506,589|
|NET INCOMING/(OUTGOING)||||||||
|RESOURCES BEFORE|TRANSFERS|||762,074|(451,946)|310,128|393,673|
|Gross transfers
between|funds||22|(451,946)|451,946|||
|Net incoming/(outgoing)|resources|||310,128||310,128|393,673|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||4,075,004||4,075,004|3,681,331|
|TOTAL FUNDS CARRIED FORWARD||||4,385,132||~4,385132|4,075,004|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total
funds|Total
funds|
||||funds|funds|||
||Notes||||||
|FIXEDASSETS|||||||
|Tangible
assets||14|1,737,446||1,737,446|1,830,274|
|CURRENT ASSETS|||||||
|Debtors||15|1,964,372||1,964,372|941,407|
|Investments||16|656,067||656,067|810,362|
|Cash at bank and in hand|||1,224,841||~1224841|1,193,950|
||||3,845,280||3,845,280|2,945,719|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(994,273)||(994,273)|(486,068)|
|NET CURRENT ASSETS|||~2851,007||~2,851007|2,459,651|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||4,588,453||4,588,453|4,289,925|
|CREDITORS|||||||
|Amounts
falling due after more than one|year|18|(203,321)||(203,321)|(214,921)|
|NET ASSETS|||4,385,132||4,385,132|4,075,004|
|FUNDS||22|||||
|Unrestricted
funds|||||4,385,132|4,075,004|
|Restricted
funds|||||||
|TOTAL FUNDS|||||~4385 132|4,075,004|
##
##
||||F
T|H|E YEA|R
NDED
IST|MARCH 2021||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|||||||Notes|||
|Net cash (outflow)/inflow||from operating||activities||I|(102,756)|545,922|
|Returns
on investments|and servicing offinance|||||2|150,346|(87,141)|
|Capital expenditure
and|financial||investment|||2|(5,100)|(15,568)|
||||||||42,490|443,213|
|Financing|||||||(11,599)|(9,793)|
|Increase in cash in the period|||||||30,891|433,420|
|Reconciliation
ofnet cash||flow to|movement||in net||||
|debt|||||||||
|Increase in cash in the period|||||||30,891|433,420|
|Cash inflow/(outflow)
from||(decrease)/increase|||in||||
|liquid resources|||||||(154,295)|83,830|
|Cash outflow from decrease
financing||in debt|and lease||||~11600|9,793|
|Change
m net debt resulting||from cash flows|||||(111,804)|527,043|
|Movement
in net debt in|the period||||||(111,804)|527,043|
|Net debt at 1stApril|||||||1,778,723|1,251,680|
|Net debt at 31stMarch|||||||1,666,919|),778,723|
##
##
##
|OPERATING A|CTIVIT|IES|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Net incoming
resources|||||||310,128|393,673|
|Depreciation
charges|||||||97,928|113,027|
|Interest received|||||||(2,241)|(4,683)|
|Interest paid|||||||6,190|7,997|
|(Increase)/decrease|in debtors||||||(1,022,965)|50,521|
|Increase/(decrease)|in creditors||||||508,204|(14,613)|
|Net cash (outflow)/inflow||from operating|||activities||~102,756)|545,922|
|ANALYSIS OFCASH FLOWS FOR||||HEADINGS NETTED IN THE CASH FLOW STATEMENT|||||
||||||||2021|2020|
||||||||I|f|
|Returns
on investments
and servicing||||of|finance||||
|Interest received|||||||2,241|4,683|
|Interest paid|||||||(6,190)|(7,997)|
|Decrease/(increase)|in investments||||||154,295|(83,827)|
|Net cash inflow/(outflow)||for returns||on|investments|and servicing of|||
|finance|||||||~150 346|~87,141)|
|Capital expenditure
and||financial|investment||||||
|Pwchase oftangible
flxed assets|||||||~5,100)|(15,568)|
|Net cash outflow|for capital expenditure||||and financial|investment|~5,100)|(15,568)|
|Financing|||||||||
|Loan repayments|in year||||||(11,599)|(9,793)|
|Net cash outflow|from financing||||||~11,599)|~9,793)|
##
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|||FOR THE YEARENDED|31STMARCH 2021|||
|---|---|---|---|---|---|
|ANALYSIS OF CHANGES||IN NET FUNDS||||
||||At 1.4.20|Cash flow|At 31.3.21|
|Net cash||||||
|Cash at|bank and in hand||1,193,950|30,891|1,224,841|
|Liquid|resources|||||
|Current|asset tnvestments||810,362|(154,295)|656,067|
|Debt||||||
|Debts falling due within one||year|(10,668)||(10,668)|
|Debts failing due after one year|||~214,921)|11,600|~(203 21)|
||||~225,589)|11,600|~213,989)|
|Total|||1,778,723|(I I 1)804)|1,666,919|
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|3.|VOLUNTARY|INCOME||||
|---|---|---|---|---|---|
|||||2021|2020|
||Donations|||572,532|205,306|
|4.|ACTIVITIES FOR GENERATING FUNDS|||||
|||||2021|2020|
||Shop income from sale ofdonated||goods|76,578|162,411|
|5.|INVESTMENT|liNCOME||||
|||||2021|2020|
||Deposit account|interest||2&241|4,683|
##
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##
|INCOMING RES|OURC|ES FROM C|HAR|ITABLE ACTIVITIES|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||Activity|||||
|Grants||Community||and therapeutic|4,793,070|3,799,829|
|Tl'aultllg||Community||and therapeutic|361|33,305|
|Grants||Accomodation|||973,780|752,156|
|Rent||Accomodation|||943,274|937,137|
||||||6,710,485|5,522,427|
|Grants received, included||in the above,|are as|follows:|||
||||||2021|2020|
||||||5||
|Birmingham
City Council|||||1,191,225|1,052,988|
|Big Lottery Dropln|Project||||157,041|152,338|
|Big Lotto - Women|&Girls||||157,560|152,356|
|Big Lotto - Covid Funding|||||85,586||
|Primary
Care Trust|||||99,825|97,787|
|BCCVulnerable
Adults Commissioning|||Services||780,148|1,012,463|
|Birmingham
Community||Safety Partnership|||96,500|96,000|
|MHCLG||||||160,277|
|Police and Crime Commisioner|||||1,252,591|906,391|
|Solihull MBC Public Health Services|||||505,700|360,000|
|Comic Releif|||||78,431|30,054|
|Chidren
in Need|||||41,773|46,866|
|CCG - IRIS|||||321,552|322,655|
|Kering Foundation||||||37,387|
|Solace Women's
Aid|||||11,250||
|The Springfield
Project|||||45,397||
|Garfield Weston|||||15,000||
|Caring Foundation|||||28,349||
|Barclays Covid Funding|||||100,000||
|Stnallwood
Trust|||||24,991|3,333|
|Henry Smith|||||27,000|27,000|
|Heart ofEngland|||||24,000||
|Western Power|||||5,000||
|NHS Hospital
Trust|||||183&299|62,619|
|BVSC|||||8,708|792|
|National Express Foundation|||||3333|6,667|
|Eveson Charitable|Trust|||||8,000|
|Nationwide|||||11,209|16,012|
|West Midland
Combined||Authority|||10,000||
|Global Make Some Noise|||||50,000||
|Crisis|||||35,730||
|Solihull Churches|||||2,905||
|MHCLG Regional|Covid|Funding|||412,747||
||||||5,766,850|4,551,985|
##
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##
|||2021|2020|
|---|---|---|---|
|Government
Other income|grants|32,835
4,096|5,435|
|||36,931|5,435|
##
||||Direct costs|Support costs|Totals|
|---|---|---|---|---|---|
|||||(See note 9)||
||Community
Accomodati
Fundraising|and therapeutic
on
trading|4,587,381
1,562,331
~158 091|549,645
223,343|5,137,026
1,785,674
~158 091|
||||~6307,803|772,988|~7080 791|
|9.|SUPPORT|COSTS||||
|||Governance|Finance|Information|Management|Total|Total|
|---|---|---|---|---|---|---|---|
|||Costs||Technology||2021|2020|
|Community|and|45,507|363,504|27,962|111,848|548,821|451,087|
|therapeutic
Accommodation||18,588|148,474|11,421|45,684|224,167|181,754|
|||64,095|511,978|39,383|157,532|772,988|632,841|
##
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|||2021|2020|
|---|---|---|---|
|Auditors'|remuneration|7,848|6,720|
|Depreciation
- owned assets||97,928|113,028|
|Operating|leases|~123221|140,000|
##
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##
|||2021|2020|
|---|---|---|---|
|||f||
|Wages|and salaries|3,673,755|3,376,140|
|Social|security costs|319,479|290,171|
|Other|pension costs|146,786|142,658|
|||4,140,020|3,808,969|
|||||2021|2020|
|---|---|---|---|---|---|
|Senior management||||4|3|
|Finance and administration||||13|12|
|Project/refuge||||147|142|
|Shops||||4|2|
|||||168|159|
|The number ofemployees|whose emoluments|fell within the following|bands was:|||
|||||2021|2020|
|f70,001 - 680,000|||||I|
|680,001 - f90,000||||||
##
##
|FOR THE YEAR E|NDED 31STMARCH 2021|||
|---|---|---|---|
|TANGIBLE FIXED ASSETS||||
||Freehold|Short|Fixtures and|
||property|leasehold|fittings|
|||5||
|COST||||
|At 1st April 2020|1,923,752|228,601|431,042|
|Additions|3,600|||
|At 31st March 2021|1,927,352|228,601|~431042|
|DEPRECIATION||||
|At 1st Apnl 2020|270,544|80,156|415,559|
|Charge for year|38,513|39,922|9,990|
|At 31st March 2021|~309057|120,078|~425 549|
|NET BOOK VALUE
At 31st March 2021|~1618,295|108,523|~5493|
|At 31st March 2020|1,653,208|148,445|15,483|
||Motor|Computer||
||vehicles|equipment|Totals|
||8||8|
|COST||||
|At 1st April 2020
Additions|12,480|240,142
~1500|2,836,017
5,100|
|At 31st March 2021|12,480|241,642|~2i841 117|
|DEPRECIATION||||
|At 1st April 2020|8,012|231,472|1,005,743|
|Charge for year|2,226|7t277|97,928|
|At 31st March 2021|10,238|238,749|~II03671|
|NET BOOK VALUE||||
|At 31st March 2021|2,242|2,893|~1737,446|
|At 31st March 2020|4,468|8,670|1,830,274|
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||Trade debtors|||1,024,920|300,212|
||Prepayments
and accrued||income|~939452|641,195|
|||||1,964,372|941,407|
|16.|CURRENT ASSETINVESTMENTS|||||
|||||2021|2020|
||Guaranteed
investment|deposits||656,067|810,362|
|17.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
|||||I||
||Bank loans and overdrafts||(see note 19)|10,668|10,668|
||Trade creditors|||354,773|206,631|
||Social security and other||taxes|70,555|61,754|
||Other creditors|||41,704|37,520|
||Accrued expenses|||285,787|109,904|
||Deferred grants|||~230 786|59,591|
|||||~994 273|486,068|
|18.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||||
|||||2021|2020|
||Bank loans (see note|19)||~203 321|214,921|
##
##
##
|An analysis ofthe maturit|y ofloans is given below:|||
|---|---|---|---|
|||2021|2020|
|Amounts
falling due within one year on demand:||||
|Bank loans||~10 668|10,668|
|Amounts
falling between|one and two years:|||
|Bank loans - 1-2 years||35,952|34,108|
|Amounts
falling due in more than five years:||||
|Repayable
by instalments.
Bank loans more 5 yr by|instalments|167,369|180,813|
##
|The following|operating
lease payments
|are committed
to be paid w|ithin one year:|||
|---|---|---|---|---|---|
|||Land and|buildings|Other operating|leases|
|||2021|2020|2021|2020|
|||||K||
|Expinng:
Within one year
Between one and five years
In more than five years||111,373
355,409|21,000
125,416
~601 988|7,581
20,090
4,392|7,247
24,749
~7114|
|||466,782|748,404|32,063|~39 110|
|SECURED DEBTS||||||
|The following|secured debts are included|within creditors:||||
|||||2021|2020|
||||||f|
|Bank loans||||213,989|225,589|
##
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##
||||Net|Transfers||
|---|---|---|---|---|---|
|||At 1.4.20|movement
in|between
funds|At 31.3.21|
||||funds|||
|Unrestricted
funds||||||
|General
fund||2,521,261|762,074|(451,946)|2,831,389|
|Staffredundancy
reserve||200,000|||200,000|
|Capital expenditure|reserve|832,446|||832,446|
|Capital repairs reserve||467,330|||467,330|
|Maternity||53,967|||53,967|
|||4,075,004|762,074|(451,946)|4,385,132|
|Restricted funds||||||
|General restricted|reserve||(451,946)|451)946||
|TOTAL FUNDS||~4075 004|310,128||4,385,132|
|Net movement
in|funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement
in|
||||resources|expended|funds|
|Unrestricted
funds||||||
|General
fund|||2,917,764|(2,155,690)|762,074|
|Restricted funds||||||
|General restricted|reserve||4,481,003|(4,932,949)|(451,946)|
|TOTAL FUNDS|||7,398,767|~7,088,639|310,128|
##
|Comparatives
fo||r movem|e|nt
in fun|ds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Net|Transfers|||
|||||||||At 1.4.19|movement
in||between|funds|At 31.3.20|
|||||||||||funds||||
|Unrestricted
Funds||||||||||||||
|General
fund||||||||2,127,588||467,662||(73,989)|2,521,261|
|Staffredundancy|reserve|||||||200,000|||||200,000|
|Capital expenditure||reserve||||||832,446|||||832,446|
|Capital
repairs reserve
Maternity||||||||467,330
53,967|||||467,330
~53 967|
|||||||||3,681,331||467,662||(73,989)|4,075,004|
|Restricted
Funds||||||||||||||
|General restricted||reserve||||||||(73,989)||73,989||
|TOTAL FUNDS||||||||3,681,331||393,673|||4,075,004|
|Comparative
net movement||||in funds,|mcluded|in the||above are as|follows:|||||
|||||||||||Incoming|Resources||Movement
in|
|||||||||||resources|expended||funds
f|
|Unrestricted
funds||||||||||||||
|General
fund||||||||||2,658,692|(2,191,030)||467,662|
|Restricted
funds||||||||||||||
|General restncted||reserve||||||||3,241,570|(3,315,559)||(73,989)|
|TOTAL FUNDS||||||||||5,900,262|~5,506,589)||393,673|
|A current year 12||months|and pnor year 12 months||||combined
position|||is as follows;||||
|||||||||||Net|Transfers|||
|||||||||At 1.4.19|movement
in||between|funds|At 31.3.21|
|||||||||||funds||||
|||||||||||2||||
|Unrestricted
funds||||||||||||||
|General
fund||||||||2,127,588||1,229,736|(525,935)||2,831,389|
|Staff redundancy|reserve|||||||200,000|||||200,000|
|Capital expenditure||reserve||||||832,446|||||832,446|
|Capital repairs reserve||||||||467,330|||||467,330|
|Maternity||||||||53,967|||||53,967|
|Restricted
funds||||||||||||||
|General restricted||reserve||||||||(525,935)|525,935|||
|TOTAL FUNDS||||||||3,681,331||703,801||-|~4385 132|
||||||||||||||29|
##
##
##
||||Incoming||Resources|Movement|in|
|---|---|---|---|---|---|---|---|
||||resources||expended|funds||
|Unrestricted
funds||||||||
|General
fund|||5,576,456||(4,346,720)|1,229,736||
|Restricted
funds||||||||
|General restricted|reserve||7,722,573||)8,
8,5))8)|~525|935)|
|TOTAL FUNDS|||3 99,|9|~2, 2|703,801||
|Transfers
between||funds||||||
|Within restricted|funds:|||||||
##