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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|
|One Walsali Ltd|One Walsali Ltd|One Walsali Ltd|One Walsali Ltd|One Walsali Ltd|One Walsali Ltd|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|(A Company||||Limited by Guarantee)||||||||||||
|Reference and|||||Administrative||Details|||||||||
|Trustees|||||||Peter Whitehead|||||Chair||||
||||||||Sureya||Gulzar|||Vice Chair||||
||||||||Amritpal||Singh|||Vice Chair||||
||||||||Andre Reid|||||||||
||||||||Muhammad|||Khan (Resigned on 4/9/23)||||||
||||||||Nlgel|Dutton||||||||
||||||||Paul|Mason||||||||
|Key management|||||personnel||Vicky|Hines (Appointed|||on 15/11/2022}|CEO||||
||||||||David|Benge||||Development|||manager|
|Registered|||name|||||||||One Walsall||Ltd||
|Working||name||||||||||One Walsall||||
|Registered|||office|||||||||Jerome Chambers||||
|||||||||||||16-16aBridge|||Street|
|||||||||||||Walsall||||
|||||||||||||West Midlands||||
|||||||||||||WS1 'IHP||||
|Charity|number|||||||||||1074659||||
|Company||registration||||number||||||03705372||||
|Independent|||examiner|||||||||Feltons||||
|||||||||||||8Sovereign||Court||
|||||||||||||8 Graham|Street|||
|||||||||||||Birmingham||||
|||||||||||||B13JR||||
|Bankers|||||||CAF Bank Ltd|||||U.nity Trust|Bank Pic|||
||||||||25 Kings||Hill Ave|||Nine Brindley|||Place|
||||||||Kings|Hill||||Birmingham||||
||||||||West Mailing|||||B12HB||||
||||||||ME19|4JQ||||||||
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|||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|
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2023|2022|
||||||E|E|E|E|
||Donations||||10,000||||
||||||10,000||||
|3.|Investment||income||||||
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|2023|2022|
||||||E|E||E'|
||Deposit account interest||||2,419||2,419||
||||||2,419||2,419|44|
|4,|Expenditure||on charitable|activities|||||
||||||Core|Specific|Tota I|Total|
||||||Activities|Projects|2023|2022|
||||||E.|E|E|E|
||Operational||and support|costs|||||
||Staff costs||||3'f6,244||316,244|381,616|
||Project costs|||||326,551|326,551|325,812|
||Motor and travel||||32||32|10|
||Premises costs||||9,113||9,113|15,904|
||Promotion|and marketing|||2,516||2,516|585|
||Support costs (see note 5)||||27,741||27,741|21,957|
||Governance||costs (see note 5)||4,520||4,520|3,675|
||||||360,166|326,551|686,7'l7|749,559|
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||||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|
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|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|
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|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|
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|
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||||||
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|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|
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|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.||||||||||||
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|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|
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|||||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|||
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|17.|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||