2023-03-31-accounts - One Walsall Ltd

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Contents				Page
Reference and administrative details
Report ofthe	trustees
Independent	Examiner's report on the	financial	statements
Statement of	financial activities
incorporating	income 8 expenditure	account
Balance sheet				13
Cash flow statement				14
Notes forming	part ofthe financial statements,		incorporating:
Statement	of accounting policies			15
Other notes to the financial statements				18

		Notes	2023	2022
Cash flow from operating	activities	16	170,179	(196,830)
Net cash flow from operating activities			170,17S	~1SS,S30
Cash flow from investing	activities
Interest received			2,419	44
Net cash flow from investing activities			2,419	44
Net increase l(decrease)	in cash and cash equivalents		172,598	(196,786)
Cash and cash equivalents	at 1 April 2022		348,893	545,679
Cash and cash equivalents	at 31 March 2023		521,491	348,893

			Basis of	General	Governance	Total	Total
			allocation	support	function	2023	2022
Training and	recruitment		Staff time	1,450		1,450	2,268
Information technology			Usage	18,425		18,425	12,271
General office costs			Usage	7,718		7,718	7,246
independent	examiner's	fees	Governance		1,920	1,920	1,860
Legal and other professional			Governance		2,600	2,600	1,815
Bank charges			Usage	148		148	172
				27,741	4,520	32,261	25,632

Net income is stated after charging:	Net income is stated after charging:
		Total	Total
		2023	2022
Operating	lease rentals
	ONce equipment	1,543	1,543

Analysis ofstaff cos Staffcosts:	ts and numbers
		Total	Total
		2023	2022
Wages and salaries		284,805	346,730
Social security costs		17,748	25,542
Defined contribution	pension scheme	13,691	9,344
		316,244	381,616

time equivalents during the year was as follows;
	2023	2023		2022	2022
	Number	FTE		Number	FTE
Charitable activities	8,0		4.7	9,0	7.9
Administrative	3.0		1.9	4.0	3.0
Management	2.0		1.3	2.0	1.9
	13.0		7.9	15.0	12.8
angible fixed assets
		Fixtures	&
		fittings			Total
		'E
Cost
At 1 April 2022 and at 31 March 2023		131,219			131,219
Depreciation
At 1 April 2022 and at 31 March 2023		131,219			131,219
Net book values
At 31 March 2023
At 31 March 2022

Debtors
		Total	Total
		2023 f	2022f
Debtors	from operations	3,732	3,808
Prepayments and accrued income		6,404	65,667
		10,136	69,475
Creditors - amounts falling due within one year
		Total	Total
		2023 f	2022f
Creditors	from operations	7,089	5,618
Accruals	and deferred income	219,929	71,537
Other creditors		3,979	3,856
		230,997	81,011
Deferred	income
Deferred	income.at 1 April 2022	68,447	253,560
Resources deferred in the year Amounts released from previous years		192,066 ~43,766	68,447 ~253,566
Deferred	income at 31 March 2023	216,727	68,447

13. Analysis offunds
				Balance at										Balance	at
				1	April		Incoming			Resources				31March
				2022			resources			expended		Transfers		2023
Restricted funds
General fund
Core grant (WMBC)								100,000			(111,222)		11,222
Walsall CCG								50,000			(55,611)		5,611
Mossley Big Local								60,335			(60,335)
One Palfrey Big local								36,903			(36,903)
Engage Walsall								2 323			(2,340)		17
Mossley Jubilee Day		ofCulture	Festival					9,668			(9,668)
NHS Health Inequalities								10,812			(10,812)
Winter Pressures								231,509		(232,100)			591
Commonwealth Activity Connectors								43,444			(44,531)		1,087
Primary Care Ambassadors Kick offcall								18,000 2,750 565,744	(18,898) ~2,750 ~585,170				898 19,426
Unrestricted funds
General fund					98,810			84,246			(74,602)		(14,426)	94,028
Designated funds:
Operating	Reserve 8
redundancy		liability		170,000									(5,000)	165,000
Relocation	Fund				35,000									35,000
Youth Engagement					33,54?						(26,945)			6,602
				337,357				84,246	~101,547			~19,426		300,630
Total funds				337357			,649,990		~686,717					300,630
Name offund				Description,		nature		and purpose offund
Restricted general	fund			Money	given	to	the	charity	where		the donor		requires 'that	a grant	or
				donation be spent			for	a specific project,
Unrestricted general		fund		The free reserves			of the charity			which are		not	designated	for particular
				purposes.
Designated fund				Unrestricted		income		for which	the		trustees	have	designated	a particular
				purpose.

Analysis ofnet assets between funds
Fund balances at31 March 2023 are	Unrestricted	Designated	Restricted	Total
represented by:	funds	fundsf	funds	funds
Current assets Current liabilities	325,025 ~230997.	206,602		531,627 ~230,997
Total net assets	94,028	206,602		300,630

				Total	Total
				2023	2022
Net income for the year				(36,T27)	15,924
interest receivable				(2,419)	(44)
Decrease / (increase) in debtors				59,339	(14,925)
Increase i(decrease) in creditors				149,986	(19T,785)
Net cash flow from operating		activities		170,179	~196,83D
Related party transactions
The following related party transactions			look place during the period;
Black Country Together CIC
Community Interest Company	in which		One Walsall Ltd	2023	2022
owns 25%.
Income received from related		party during the year		60,548	40,806
Amount due from related company at year end				288
Organisation Mindkind CIC
Community Interest Company	in	which	Sureya Gulzar	2023	2022
(trustee) is a director				K
Income received from related		party during the year		39,000
			Page 23

Related party transactions (continued)
Organisation lNettaminds CIC
Community Interest Company in which Amritpai (trustee) isa director	Singh	2023 K	2022f
Income received from related party during the	year	40,240