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





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|Charity number||1076090||
|---|---|---|---|
|Company<br>registration|number|3655201||
|Business address||CAP Centre||
|||Windmill<br>Lane||
|||Smethwick||
|||West Midlands||
|||B663LX||
|Registered office||Windmill<br>Lane||
|||Smethwick||
|||West Midlands||
|||B663LX||
|Trustees||Albert Hylton||
|||Latham Ebmdrs||
|||Marcia Gordon||
|||GranviUe<br>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||





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|||||Unrestricted|2021|2020|
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
||||Notes|||8|
|Incondng resources|||||||
|Incoming resources from generating||funds.|||||
|Voluntary<br>income|||2|185,111|185,111|137,151|
|Activities for generating|funds||3|163,268|163,268|216,495|
|Investment<br>income|||4|20|20|16|
|Other incoming resources|||5|3,355|3,355|2,502|
|Total Incoming<br>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<br>costs||||43,557|43,557|43,474|
|Accountancy<br>fees||||3,500|3,500|3,500|
|Legal and professional<br>fees||||2,799|2,799|20,429|
|Communications<br>and IT||||3,927|3,927|4,902|
|Printing, Postage 61Stationery||||1,074|1,074|2,081|
|Nursery<br>expenses||||514|514|1,337|
|Interest payable<br>and similar charges||||19,402|19,402|35,061|
|Tfauung cost||||||1,045|
|Depreciation<br>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|





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|as at 31M|arch 20|21||||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
||||Notes|||||
|Fixed assets||||||||
|Tangible<br>assets|||10||2,532,510||2,533,554|
|Current<br>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<br>income funds|||||1,185,824||1,064,728|
|Total funds|||||1,185,824||1,064,728|





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|Voluntary|income||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|2021|2020|
|||||funds|Total|Total|
|Furlough<br>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|



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|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|



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|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|



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





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|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<br>one year||||2021|2020|
||Lloyd Bank||||57,245|57,242|
||Saudwell<br>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<br>aud deferred|income|||3,500|3,500|
||||||74,781|74,684|





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|Creditors: amounts<br>falling due|Creditors: amounts<br>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|



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|Government<br>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|