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|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||7|to|8|
|Notes to the Financial Statements||9|to|20|
|Detailed Statement ofFinancial Activities||21|to|22|
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||FOR THE|YEAR E|NDED 31STMA|RCH 2022|||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Um estricted|Restricttd|Total|Total|
||||fimd|fund|funds|funds|
|||Notes|f||||
|INCOME AND ENDOWS|FROM||||||
|Donations
and legacies|||243,052|52,793|295,845|251,153|
|Charitable
activities|||||||
|Council funded
and other charitable|activtnes|||42,632|42,632|42,632|
|JRS Grant|||1,586||1,586|20,421|
|Other trading activities|||5,144||5,144|3,388|
|Investment
income|||76,549||76,549|60,988|
|Total|||326,331|95,425|421,756|378,582|
|EXPENDITURE ON|||||||
|Raising funds||6|33,861|272|34,133|45,532|
|Charitable
activities|||||||
|Council funded and other charitable|activities||126,316|116,426|242,742|224,677|
|Total|||160,177|116,698|276,875|270,209|
|Net gmns on investments|||122,931||122,931|411,442|
|NET INCOME/(EXPENDITURE)|||289,085|(21,273)|267,812|519,815|
|Transfers between funds||17|(10,772)|10,772|||
|Net movement
in funds|||278,313|(10,501)|267,812|519,815|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||2,168,507|46,751|2,215,258|1,695,443|
|TOTAL FUNDS CARRIED FORWARD|||2,446,820|36,250|2,483,070|22.15,258|
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||31ST|MARCH 202||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|||Um'estricted|Restricted|Total|Total|
|||fund|fimd|funds|funds|
||Notes|f||f|6|
|FIXEDASSETS||||||
|Tangible assets|12|2||2|2|
|Investments|13|2,145,131||2,145,131|2,051,132|
|||2,145,133||2,145,133|2,051,134|
|CURRENT ASSETS||||||
|Stocks|14|1,399||1,399|2,037|
|Debtors|15|3,647||3,647|8,015|
|Cash at bank||309,396|36,250|345,646|169,180|
|||314,442|36,250|350,692|179,232|
|CREDITORS||||||
|Amounts
falling due within one year|16|(12,755)||(12,755)|(15,108)|
|NETC~ASSETS||301,687|36,250|337,937|164,124|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||2,446,820|36,250|2,483,070|2,215,258|
|NKT ASSETS||2,446,820|36,250|2,483,070|2,215,258|
|FUNDS|17|||||
|Unrestricted
funds||||2,446,820|2,168,507|
|Restricted funds||||36350|46,751|
|TOTAL FUNDS||||2,483,070|2,215,258|
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|DONATI|ONS
AND LEGACIES|||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|31.3.22I|31.3.21|
|Midland|Societies for the Blind||3,811|3,811|4,496|
|Talking Newspaper|||1,980|1,980|2,658|
|General|||14,241|14,241|12,885|
|Boxcollections|||109|109|275|
|Day Centre Metrobox collecttons|||19|19|19|
|Legacies|||201,302|201,302|87,401|
|Corporate|Trust Fundraising|24,601|2,358|26,959|15,829|
|Charitable|Trust Fundraising|28,192|16,925|45,117|126,107|
|General and adminisnation|||1,124|1,124||
|Gift aid|||75|75|1,483|
|Transcription
income|||75|75||
|Charities|Trust and aid donations||1,033|1,033||
|||52,793|243,052|295,845|251,153|
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|OTH|ER TRADING ACTIVITIES|||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|31.3.22|31.3.21|
|Sales|ofWTN bricks||569|569|552|
|Sales|ofliving aids and equipment||2,518|2,518|2,788|
|Social|activity centre||1,729|1,729|48|
|Other|income||328|328||
||||5,144|5,144|3,388|
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||||31.3.22|31.3.21|
|---|---|---|---|---|
|||||f|
|luterest|on investmeuts||14|10|
|Interest|on government|secmdties|4,864|5,428|
|Income|trom equities|and unit trusts|71,671|55,550|
||||76 549|60 988|
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|INCOME F|ROM C|HA|RITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|31.3.22|31.3.21|
||||||f|f.|f.|
|Walsall Metropohtan||Borough Council:||||||
|Registration,|Information||and Liaison Service|18,623||18,623|18,623|
|Centre Management||||24,009||24,009|24,009|
|JRS Grant|||||1,586|1,586|20,421|
|||||42,632|1,586|44,218|63,053|
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|||Voluntary||||
|---|---|---|---|---|---|
|||Income|Fundraising|31.3.22|31.3.21|
|Cost ofgoods sold||5,350||5,350|1,988|
|Property costs||1,394||1,394|6,168|
|Fundraising|and publicity|177||177|1,036|
|Salanes and|staff expenses|6,217|20,045|26,262|26,794|
|Resolution|||||3,680|
|General and|oQice expenses|950||950|5,866|
|||14,088|20,045|34,133|45,532|
##
|||||||Comm|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||unity|||||
|||||Translad||work|||||
|||||on and||&|Centre||||
||||Registr|talking|Day|Tech|manage|Govern|||
||||ation|news|activities|Offtcer|ment|ance|31.3.22|31.3.21|
||||f|||f|f|||f.|
|Talking|||||||||||
|uewspaper|equip,||||||||||
|reps &maint||||7,517|||||7,517|7,267|
|Sundry grants &|||||||||||
|gifts||||||292|||292|283|
|property|cosm||2,475|6,971|11,154|5,577|8,249|2,788|37,214|29,144|
|Salaries atut||staff|||||||||
|expenses|||16,933|31,089|49,743|41,275|10,408|12,436|161,884|153,477|
|General &oflice|||||||||||
|expenses|||3,300|4,752|7,603|3,802|4,742|1,901|26,100|28,032|
|Accounts/|book||||||||||
|keeping|||||||6,370||6,370|6,474|
|Fundraising||and||||'|||||
|Publicity||||886|1,417|708||354|3,365||
||||22,708|51,215|69,917|51,654|29,769|17,479|242,742|224,677|
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|STAFF COSTS|||||
|---|---|---|---|---|
||||31.3.22|31.3.21|
|Wages and salaries|||177,209|170,366|
|Social security costs|||7,661|6,897|
|Other pension costs|||2,339|2,344|
||||187,209|179,607|
|The average monthly|number ofemployees|during the year was as follows:|||
||||31.3.22|31.3.21|
|Average number of|employees||12|14|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||fund|fund|funds|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||142,871|108,282|251,153|
|Charitable
activities|||||
|Council funded
and other charitable|activities||42,632|42,632|
|JRS Grant||20,421||20,421|
|Other trading acnvities||3,388||3,388|
|Invesunent
income||60,988||60,988|
|Total||227,668|150,914|378,582|
|EXPENDITURE ON|||||
|Raising funds||45,532||45,532|
|Charitable
activities|||||
|Council funded and other charitable|activittes|107,869|116,808|224,677|
|Total||153,401|116,808|270,209|
|Net gains on investments||411,442||411,442|
|NET INCOME||485,709|34,106|519,815|
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||continued|||||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fundI|fund
f|funds|
||Transfers
between fends||||(8,501)|8,501||
||Net movement
ln funds||||477,208|42,607|519,815|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought|forward|||1,691/99|4,144|1,695,443|
||TOTAL FUNDS CARRIED FORWARD||||2,168,507|46,751|2,215,258|
|11.|GOVERNANCE
COSTS|||||||
|||||||31.3.22|31.3.21|
||Accountancy
/ payroll|and independent|examiner's|fees||6,370|6,474|
||Support costs|||||17,479|10,160|
|||||||23,849|16,634|
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Short|Computer||
||leasehold|equipment|Totals
f|
|COST||||
|At 1stApril 2021 and 31stMarch 2022|121,636|11,245|132,881|
|DEPRECIATION||||
|At 1stApril 2021 and 31stMarch 2022|121,635|11,244|132,879|
|NET BOOKVALUE||||
|At 31stMarch 2022||||
|At 31stMarch 2021||||
##
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|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKET VALUE||
|At 1stApril 2021
Additions|2,051,132
93,075|
|Disposals
Realised gams
Unrealised
gains|(122,007)
27,395
95,536|
|At 31stMarch 2022|2,145,131|
|NET BOOK VALUE||
|At 31stMarch 2022|2,145,131|
|At 31stMarch 2021|2,051,132|
|Cost or v|al|uation
at 31stMa|rch 2022 is represented
by:|||
|---|---|---|---|---|---|
||||||Listed|
||||||investments|
|Valuation||in 2022|||919,358|
|Cost|||||1,225,773|
||||||2,145,131|
|investments||at market value|comprise:|||
|||||31.3.22|31.3.21|
||||||8|
|Fixed interest funds and grits
Equities
Property
and urt'rastructure
funds||||140,607
1,587,569
416,955|368,698
1,544,543
137,891|
|||||2,145,131|2,051,132|
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|14.|STOCKS|||
|---|---|---|---|
|||31.3.22|31.3.21|
||Stocks|1,399|2,037|
|15.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31.3.22|31.3.21|
||Prepayments|3,647|8,015|
|16.|CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31.3.22|3].3.21|
||Trade creditors|1,150|5,891|
||Social security and other taxes|6,433|2,688|
||Other creditors|637|737|
||Accrued expenses|4,535|5,792|
|||12,755|15,108|
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|MOVEMENT IN F|UNDS||||||
|---|---|---|---|---|---|---|
||Opening|Incoming|Resources|Gains/||Closing|
||Balance|Resource|Expended|(losses)|Transfers|Balance|
|Unrestricted:|||||||
|General fund|968,507|326,331|(160,181)|122,931|(310,768)|946,820|
|Development|||||||
|fund|1,200,000||||300,000|1,500,000|
||2,168,507|326,331|(160,181)|122,931|(10,768)|2,446,820|
|Restricted:|||||||
|Centre|||||||
|management||24,009|(29,769)||5,760||
|Registration,|||||||
|Information
and|||||||
|Liaison Service||18,623|(22,708)||4,085||
|Lord Combustion|||||||
|DC|91||(91)||||
|Charitable
Trust|||||||
|Fundraising|651||431||(4)|1,078|
|West Midlands|||||||
|Police Comm|855||(871)||16||
|The Grimmitt|||||||
|Tlttst|1,500|||||1,500|
|Postcode|||||||
|Neighborhood|||||||
|Trust|17,920||(17,913)|||7|
|DMF Ellis Trust|5,000|5,000|(5,533)|||4,467|
|Screwfix|||||||
|Foundanon|3,500||(3,223)|||277|
|Rowlands
Trust|1,340||(1,500')||160||
|Wolfson|||||||
|Foundauon|13,750||(14,494)||||
|Ulverscroft|||||||
|Foundation|1,000||(957)|||43|
|Boshier-Hinton|||||||
|Foundation|1,144||(1,148)||||
|The Hobson|||||||
|Charity||1,560|(1,560)||||
|Cluldren
in Need||9,932|(9,757)|||175|
|The Worshipful|||||||
|Company of|||||||
|Grocers||5,000||||5,000|
|The Hospital|||||||
|Saturday
Fund||2,000|(1,988)|||12|
|Virgin Media 02||981|(937)|||44|
|Roger &Douglas|||||||
|Turner Trust||2,000|(1,991)||||
|The Rank|||||||
|Foundation||550|(550)||||
|The Blakemore|||||||
|Foundation||150|(153)||||
|The Beatrice|||||||
|Laing Trust||2,000|(1,983)|||17|
|Severn Trent|||||||
|Water||23,621||||23,621|
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|||Urestricted|Designated|Restricted||
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Total Assets|
|Fixed|assets|645, 133|1,500,000||2,145,133|
|Bank|and cash in hand|309,396||36,250|345,646|
|Other|current assets/liabilities|(7,709)|||(7,709)|
|||946,820|1,500,000|36,250|2,483,070|
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FOR THE YEAR ENDED|
31STMARCH 2022||
|---|---|---|---|
|||31.3.22|31.3.21|
|||f|f|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||94,543|163,752|
|Legacies||201,302|87,401|
|||295,845|251,153|
|Other trading
activities||||
|Other trading acfivities||5,144|3,388|
|Investment
income||||
|Dividend
and interest income||76,549|60,988|
|Charitable
activities||||
|Chantable
activities||44,218|63,053|
|Total incoming resources||421,756|378,582|
|Raising donations|and legacies|||
|Wages||26,239|26,729|
|Fundratsing
and publicity||177|1,036|
|||26,416|27,765|
|Other trading
activities||||
|Purchases||5,350|1,988|
|Properly costs||1,394|6,168|
|Resolution|||3,680|
|Staffexpenses||23|65|
|General and office expenses||950|5,866|
|||7,717|17,767|
|Charitable
activities||||
|Wages||150,970|143,637|
|Social security||7,661|6,897|
|Pensions||2,339|2,344|
|Talking newspaper||7,517|7,267|
|Sundry grants||292|283|
|Property costs||37,214|29,144|
|Staffexpenses||914|599|
|General and office expenses||25,860|28,032|
|Accountancy||6,370|6,474|
|Fundraising
and publicity||3,365||
|Stockbroker fees||240||
|||242,742|224,677|
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||FOR THE YEAR ENDED 31|STMARCH 2022||
|---|---|---|---|
|||31.3.22|31.3.21|
|Total resources expended||276,875|270,209|
|Net income before|gains and losses|144,881|108,373|
|Realised recognised|gains and losses|||
|Realised gains on fixed asset investments||27,395|6,799|
|Net income||172,276|115,172|