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|Contents|||Page|
|Reference and administrative
details||||
|Report ofthe trustees||||
|Independent
Examiner's
report on the|financial|statements||
|Statement
offinancial
activities||||
|incorporating
income
& expenditure|account||12|
|Balance sheet||||
|Cash flow statement|||14|
|Notes forming
part ofthe financial statements,||incorporating:||
|Statement
of accounting
policies|||15|
|Other notes to the financial statements|||18|
|Detailed statement
of financial
activities|||24|
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|for the year ended 31 March|2022||||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Designated|Restricted|Total|Total|
|||||funds|fund|funds|2022|2021|
|||Notes|||E|6||6|
|Income|||||||||
|Income from charitable activities:|||||||||
|Core grant (WMBC)||||||170,000|170,000|170,000|
|VIEW Board||||||50,000|50,000|50.000|
|Walsall CCG||||||5O,0OO|50,000|50,000|
|Black Country Together CIC||||5,500|||5,500|5,625|
|Building Better Opportunities||||3,274|||3,274|3,450|
|Creative Black Country||||3,500|||3,500|2,650|
|Cutting Edge (knife crime)||||||||1,465|
|Mossley Big Local||||52,670||236.498|289,168|131,682|
|One Palfrey Big local||||43,313||65,500|108,813|92,908|
|MBL - National
Heritage||||||||10,000|
|COVID-19 Response||||||||35,000|
|Catalyst funding||||4,9ao|||4,980|5,000|
|VCSEP||||1,500|||1,500|3,000|
|ABCCC||||6,225||22,307|28,532|14,001|
|Walsall Intergrated
Partnership|Creator|||||||37,250|
|Value You||||||||10,470|
|Kickstart||||||3,360|3,360||
|Cycling
UK||||||2,050|2,050||
|Walsall Volunteers'
Week||||||973|973||
|Engage Walsall||||||12,858|12,858|1,625|
|Community
Renewal
Fund||||5,000|||5,000||
|Community
Engagement||||2,000|||2,000||
|Access to Work||||4,740|||4,740||
|Youth Investment
Fund||||3,293||13,682|16,975|141,526|
|Income from trading activities:|||||||||
|Contracts for services||||1,936|||1,936|520|
|Advertising||||280|||280||
|Investment
income||||44||||181|
|Total income||||138,255||627,228|765,483|766,373|
|Expenditure|||||||||
|Charitable
activities:|||||||||
|Operational
and support costs||||90,187|2,988|656,384|749,559|746,932|
|Total expenditure||||90,187|2,988|656„384|749,559|746,932|
|Net income before transfers||||4a,oea|(2,988)|(29,156)|15,924|19,441|
|Gross transfers
between
funds||||(44,133)|14,977|29,156|||
|Net movement
in funds||||3,935|11,989||15,924|19,441|
|Reconciliation
offunds|||||||||
|Total funds brought
forward||12||94,875|226,558||321,433|301,992|
|Total funds carried forward||||98,810|238,547||337,357|321,433|
|All ofthe charity's
activities derive|from continuing|operations|during|the above|two financial periods.||||
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||||Notes|2022|2021|
|---|---|---|---|---|---|
|Cash flow from operating|activities||15|(196,830)|40,669|
|Net cash flow from operating
activities||||(196,830)|40,669|
|Cash flow from investing|activities|||||
|Interest received|||||181|
|Net cash flow from investing||activities||44|181|
|Net (decrease) Iincrease|in|cash and cash equivalents||(196,786)|40,850|
|Gash and cash equivalents|at|1 April 2021||545,679|504,829|
|Cash and cash equivalents||at 31 March 2022||348,893|545,679|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||||f|||
|Deposit account interest|||44||44|181|
||||44|||181|
|xpenditure|on charitable|activities|||||
||||Core|Specific|Total|Total|
||||Activities|Projects|2022|2021|
|Operational|and support|costs|||||
|Staff costs|||381,616||381,616|298,452|
|project costs||||325,812|325,812|398,345|
|Motor and travel|||10||10|173|
|Premises costs|||15,904||15,904|3,154|
|Promotion|and marketing||585||585|998|
|Support costs (see note 4)|||21,957||21,957|37,615|
|Governance|costs (see note 4)||3,675||3,675|8,195|
||||423,747|325,812|749,559|746,932|
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|||Basis of|General|Governance|Total|Total|
|---|---|---|---|---|---|---|
|||allocation|support|function|2022|2021|
|Training
and recruitment
Information
technology
General office costs
Independent
examiner's
fees
Legal and other professional
Bank charges||Staff time
Usage
Usage
Governance
Governance
Usage|2,268
12,271
7,246
172|1,860
1,815|2,268
12,271
7,246
1,860
1,815
172|5,821
23,069
8,580
1,830
6,365
145|
||||21,957|3,675|25,632|45,810|
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|Net income is stated after charging:|Net income is stated after charging:|||
|---|---|---|---|
|||Total|Total|
|||2022|2021|
|||Z||
|Operating|lease rentals|||
||Office equipment|1,603|1,834|
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|Staffcosts:||||
|---|---|---|---|
|||Total|Total|
|||2022|2021f|
|Wages and salaries||346,730|341,370|
|Social security costs||25,542|25,705|
|Defined contribution|pension scheme|9,344|8,908|
|||381,616|375,983|
##
|The average
monthly
number ofemployees
and
time equivalents
during the year was as follows:|full||||||
|---|---|---|---|---|---|---|
||2022|2022||2021||2021|
||Number|FTE||Number||FTE|
|Charitable
activities|||||||
|Administrative|||||||
|Management|||||||
||||13||15|13|
|angible fixed assets|||||||
|||Fixtures|&||||
|||fittings
f||||Total|
|Cost|||||||
|At 1 April 2021 arid at 31 March 2022||131,219||||131,219|
|Depreciation|||||||
|At 1 April 2021 and at 31 March 2022||131,219||||131,219|
|Net book values|||||||
|At 31 March 2022|||||||
|At 31 March 2021|||||||
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|Debtors||||
|---|---|---|---|
|||Total|Total|
|||2022|2021|
|Debtors from
Prepayments|operations
and accrued income|3,808
65,667|33,912
20,638|
|||69,475|54,550|
##
|Creditors|- amount|s
falling due within one year|||
|---|---|---|---|---|
||||Total|Total|
||||2022|2021|
|Creditors
Accruals|from operations
and deferred
income||5,618
71,537|17,734
257,190|
|Other creditors|||3,856|3,872|
||||81,011|278,796|
|Deferred|income||||
|Deferred|income at|1 April 2021|253,560|282,657|
|Resources deferred||in the year|68,447|253,560|
|Amounts
Deferred|released
income at|from previous years
31 March 2022|(253,560)
68,447|~[282,657
253,560|
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|Fund balances at 31 March 2022 are
represented
by:|Unrestricted
funds|Designated
funds|Restricted
funds|Total
funds|
|---|---|---|---|---|
||K||||
|Current assets|179,821|238,547||418,368|
|Current
liabilities
Total net assets|(81,011)
98,810|238,547||(81,011)
337,357|
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||||Total|Total|
|---|---|---|---|---|
||||2022
f.|2021f|
|Net income for the year|||15,924|19,441|
|Interest receivable
(Increase)
/ decrease
Decrease
in creditors|in debtors||(44)
(14,925)
(197,785)|(181)
31,840
(10,431)|
|Net cash flow from|operating|activities|(196,830)|40,669|
##
|Black Country Together CIC||||
|---|---|---|---|
|Community
Interest Company
Ltd owns 25%.|in which One Walsall|2021f|2020|
|Income received from related|company
during the year|40,806|25,726|
|Amount
due from related company at year end|||4,500|
##
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|||2022||2021||
|---|---|---|---|---|---|
|Charitable
activities||||||
|Core grant (WMBC)||170,000||170,000||
|Cutting edge (Knife crime)||||1,485||
|VIEW Board||50,000||50,000||
|Walsall CCG||50,000||50,000||
|Black Country Together CIC||5,500||5,625||
|Building Better Opportunities||3,274||3,450||
|Creative Black Country||3,500||2,650||
|Mossley Big Local||289,168||131,682||
|One Palfrey Big local||108,813||92,908||
|MBL - National
Heritage||||10,000||
|COVID-19Response||||35,000||
|Catalyst
funding||4,980||5,000||
|VCSEP||1,500||3,000||
|ABCCC||28,532||14,001||
|Value You||||10,470||
|Kickstart||3,360||||
|Cycling
UK||2,050||||
|Walsall Volunteers'
Week||973||||
|Walsall
Integration
Partnership|Creator|||37,250||
|Engage Walsall||12,858||1,625||
|Community
Renewal
Fund||5,000||||
|Community
Engagement||2,000||||
|Access to Work||4,740||||
|Youth Investment
fund||16,975||141,526||
|||763,223||765,672||
|Other trading
activities||||||
|Contracts for services||1,936||520||
|Advertising||280||||
|Investment
income||||||
|Deposit account interest||44||181||
||||765,483||766,373|
|Total incoming
resources|||765,483||766,373|
##
|||2022||2021||
|---|---|---|---|---|---|
|Expenditure||||||
|Charitable
activities||||||
|Direct project costs|||325,812||398,345|
|Support costs||||||
|Management||||||
|Wages||346,730||263,839||
|Social security||25,542||25,705||
|Pensions||9,344||8,908||
|Hire ofequipmeni||1,603||1,834||
|Computer
equipment|and ITcosts|12,271||23,069||
|Premises costs||14,557||3,301||
|Communications||2,925||3,202||
|Sundries||618||381||
|Printing
and stationery||530||||
|Publicity
and training||585||1.123||
|Maintenance||1,347||1,070||
|Travel and training||1,005||3,186||
|Subscriptions||1,570||1,821||
|Recruitment||1,273||2,808||
|||419,900|325,812|340,247|398,345|
|Finance||||||
|Bank charges||172||145||
||||745,884||738,737|
|Governance
costs||||||
|Consultancy fees||||5,000||
|Accountancy
fees||1,860||1,830||
|Legal fees||1,815||1,365||
||||3,675||8,195|
|Total resources expended|||749,559||746,932|
|NET INCOME|||15,924||19,441|