2021-03-31-accounts

			Page
Legal and administrative		information
Trustees report			2-4
Independent examiners'		report
Statement offinancial		activities
Balance sheet
Notes to the financial	statements

Charity number		1076090
Company registration	number	3655201
Business address		CAP Centre
		Windmill Lane
		Smethwick
		West Midlands
		B663LX
Registered office		Windmill Lane
		Smethwick
		West Midlands
		B663LX
Trustees		Albert Hylton
		Latham Ebmdrs
		Marcia Gordon
		GranviUe Clarke
Chief executive		Horace Rcdney
Accountants		Yevs &Co
		Yevs House
		130Cape Hill
		Smethwick
		B664PH
Bankers		Lloyd Bank Pic
		Smethwtck Branch
		PO Box 1000
		BX11LT
Solicitors		Silks
		Barclays Bank Chambers
		27 Birmingham	Street
		Oldbury
		B694EZ

				Unrestricted	2021	2020
				funds	Total	Total
			Notes			8
Incondng resources
Incoming resources from generating		funds.
Voluntary income			2	185,111	185,111	137,151
Activities for generating	funds		3	163,268	163,268	216,495
Investment income			4	20	20	16
Other incoming resources			5	3,355	3,355	2,502
Total Incoming resources				351,754	351,754	356,164
Resources expended
Function Room Expenditure				2,338	2,338	9,415
Staff costs			6	151,255	151,255	243,832
Establishment costs				43,557	43,557	43,474
Accountancy fees				3,500	3,500	3,500
Legal and professional fees				2,799	2,799	20,429
Communications and IT				3,927	3,927	4,902
Printing, Postage 61Stationery				1,074	1,074	2,081
Nursery expenses				514	514	1,337
Interest payable and similar charges				19,402	19,402	35,061
Tfauung cost						1,045
Depreciation and impairment				1,044	1,044	1,044
Subscliptions				547	547	697
General Expenses				701	701	155
Special Project						380
Total resources expended				230,658	230,658	367,352
Total funds brought forward				1,064,728	1,064,728	1,075,917
Total funds carried forward				1,185,824	1,185,824	1,064,729

as at 31M	arch 20	21
					2021		2020
			Notes
Fixed assets
Tangible assets			10		2,532,510		2,533,554
Current assets
Debtors				13,137		9,042
Cash at bank	and in band			118,963		57,328
				132,100		66,370
Creditors:	amounts	falling
due within	one year		12	(74,781)		(74,684)
Net current	assets/(liabilities)				57,319		(8,314)
Total assets less current
liabilities					2,589,829		2,525,240
Creditors:	amounts	falling due
after more	than one	year	13		(802,315)		(840,589)
Accruals and deferred income			14		(601,690)		(619,923)
Net assets					1,185,824		1,064,728
Funds
Unrestricted	income funds:
Unrestricted	income funds				885,452		764,356
Revaluation	reserve				300,372		300,372
Total unrestricted income funds					1,185,824		1,064,728
Total funds					1,185,824		1,064,728

Voluntary	income
				Unrestricted	2021	2020
				funds	Total	Total
Furlough Grant				93,576	93,576
Deferred income (Government			grant)	18,233	18,233	18,233
SMBC				67,567	67,567	50,031
Room Hire				5,735	5,735	68,887
				185,111	185,111	137,151
Activities for generating			funds
				Unrestricted	2021	2020
				funds	Total	Total
Income from nursery/		Out of	School	163,268	163,268	216,495
				163,268	163,268	216,495
Investment	income
				Unrestricted	2021	2020
				fends	Total	Total
					K
Bank interest	receivable			20	20	16
				20	20	16

Othe	r incoming resources
		Unrestricted	2021	2020
		funds	Total	Total
		K		f,
Other	income	3,355	3,355	2,502
		3,355	3,355	2,502

Employment	costs	2021	2020
			g
Wages and salaries		140,159	222,393
Social security	costs	3,143	8,934
Pension costs		4,826	6,634
Other costs		3,127	5,871
		151,255	243,832

2021	2020
Number	Number
10	10

was as f	ollows
		2021	2020
		f,
Pension	charge	4,826	6,634

for t	he year ended 31M	arch 2021
			Land and	Fixtures,
8.	Tangible fixed assets		buildings	fittiags and
			freehold	equipment		Total
	Cost
	At I April 2020 aud
	At 31March 2021		2,830,794	383,661	47,260	3,261,715
	Depreciation
	At 1 Apnl 2020		300,372	380,530	47,259	728,161
	Charge for the year			1,044		1,044
	At 31March 2021		300,372	381,574	47,259	729,205
	Net book values
	At 31March 2021		2,530,422	2,087	1	2,532,510
	At 31March 2020		2,530,422	3,131	I	2,533,554
9.	Debtors
					2021	2020
	Trade debtors				7,724	4,666
	Other debtors				5,413	4,378
					13,137
10.	Creditors: amounts	falling due
	within one year				2021	2020
	Lloyd Bank				57,245	57,242
	Saudwell Metropolitan	Council			6,000	6,000
	Trade creditors				5,280	2,275
	Other taxes aud social	security			1,689	2,600
	Staff Loan					2,000
	Other creditors				1,067	1,067
	Accruals aud deferred	income			3,500	3,500
					74,781	74,684

Creditors: amounts falling due	Creditors: amounts falling due
after more than one year		2021	2020
Lloyd Bank Pic		595,405	633,679
Sandwell Metmpolitan	Council	206,910	206,910
		802,315	840,589

Government grants
At l April 2020
Released in year
At 31March 2021

2021	2020
(619,923)	(638,156)
18,233	18,233
(601,690)	(619,923)

13.	Unrestricted	funds	At				At
			I April	Incoming	Outgoing	Gains and	31March
			2020	resources	resources	losses	2021
	Unrestricted	Fund	764,356	351,754	(230,658)	300,372	1,185,824