| Page | |||
|---|---|---|---|
| Legal and administrative | infomtation | ||
| Trustees report | Z-4 | ||
| Independent exanfiners' |
report | ||
| Statement offinancial | activities | ||
| Belance sheet | |||
| Notes to the financial | statements | 8- IZ |
| Charity | nuniber | nuniber | 1076090 | ||
|---|---|---|---|---|---|
| Company | registration | number | 3655201 | ||
| Business | address | CAP Centre | |||
| Windmill Lane |
|||||
| Smethwick | |||||
| West Midlands | |||||
| B663LX | |||||
| Registered | office | Windmill I nne |
|||
| Smethwick | |||||
| West Iviidlands | |||||
| B663LX | |||||
| Trustees | Albert Hylton | ||||
| Latham Ebanks | |||||
| Marcia Gordon | |||||
| Granville Clarke |
|||||
| Chief executive | Horace Rodney | ||||
| Accountants | Yevs & Co | ||||
| Yevs House | |||||
| 130Cape Hill | |||||
| Smethwick | |||||
| B66MPH | |||||
| Bankeia | Lloyd Bank Plc | ||||
| Smethwtck Branch |
|||||
| PO Box 1000 | |||||
| Bx 1 ILT | |||||
| Solicitors | Silks | ||||
| Barclays Bank Chambers | |||||
| 27 Binzingham | Street | ||||
| Oldbury | |||||
| B694EZ |
| Unrestricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| Notes | ||||||
| Incoming resources | ||||||
| Incoming resources from generating |
funds; | |||||
| Voluntary income |
186,892 | 186,892 | 185,111 | |||
| Activities for generating | funds | 172,239 | 172,239 | 163,268 | ||
| Investment income |
26:I | 264 | 20 | |||
| Other incoming resources |
7,755 | 7,755 | 3,355 | |||
| Total incoming resources |
367,150 | 367,150 | 351,754 | |||
| Resources expended | ||||||
| Function Room Expenditure | 25,202 | 25 202 | 2.338 | |||
| Staff costs | 178,391 | 178,391 | 151,255 | |||
| Establishment costs |
44,491 | 44,491 | 43,557 | |||
| Accountancy fees |
3.000 | 3,000 | 3.500 | |||
| Legal and professional fees |
11,010 | 11,010 | 2,799 | |||
| Communications and IT |
2,919 | 2,919 | 3,927 | |||
| Printingd'ostage k Stationery |
1,048 | 1,048 | i,072 | |||
| Nursery expenses |
1,443 | 1,443 | 514 | |||
| Interest payable and sintiltu |
charges | 18,994 | 18,994 | 19,402 | ||
| Deprectation and impairment |
1,043 | 1,043 | 1,044 | |||
| Subscriptions | 4,281 | 4,281 | 547 | |||
| Gener al Expenses | 701 | |||||
| Special Project | 4,936 | 4,936 | ||||
| Total resources expended | 296,758 | 296,758 | 230,656 | |||
| Total funds brought forward | I, IS5,824 | I, IS5,824 | 1,064,728 | |||
| Total funds carried forward | 1,256,2i6 | 1,256,216 | 1,185,826 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||||
| Fixed assets | |||||||||||
| Tangible assets |
2,531,467 | 2,532,510 | |||||||||
| Current assets | |||||||||||
| Debtors | 4,867 | 13,135 | |||||||||
| Cash at bank and | in hand | 139,933 | 118,965 | ||||||||
| 144,800 | 132,100 | ||||||||||
| Creditors: | amounts | falling | |||||||||
| due within | one | year | 10 | (92,318) | (74,781) | ||||||
| Net current assets |
52,482 | 57,319 | |||||||||
| Total assets less | current | ||||||||||
| liabiTities | 2,583,949 | 2,589,829 | |||||||||
| Creditors: | amounts | falling due | |||||||||
| after more | than | one | year | (744,277) | (802,315) | ||||||
| Accruals and deferred | income | 12 | (583,457) | (601,690) | |||||||
| Net assets | 1,256,215 | 1,185,824 | |||||||||
| Funds | |||||||||||
| Unrestricted | income funds: | ||||||||||
| Unrestricted | income funds | 955,843 | 885,452 | ||||||||
| Revaluation | reserve | 300,372 | 300,372 | ||||||||
| Total unrestricted | income | funds | 1,256,215 | 1,185,824 | |||||||
| Total funds | 1,256,215 | 1,185,824 | |||||||||
| The ti anctal | statements | ere approved | by the ttntstees | on | and signed | on | its behalf by | ||||
| Albert Hylto | |||||||||||
| Trustee |
| Volunta | ry income |
||||
|---|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | |||
| funds | Total | Total | |||
| Furlough | Grant | 22,507 | 22,507 | 93,576 | |
| Deferred | income (Government | grant) | 18,233 | 18,233 | 18,233 |
| SMBC | 88,226 | 88,226 | 67,567 | ||
| Room Hire | 57,926 | 57,926 | 5,735 | ||
| 186,892 | 186,892 | 185,111 |
| Unrestricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| Income | from | uursery/Out | ofSchool | 172,239 | 172,239 | 163,268 |
| 172,239 | 172,239 | 163,268 |
| Inves | tment | income | |||
|---|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | |||
| funds | Total | Total | |||
| f. | |||||
| Bank | interest | recetvable | 264 | 20 | |
| 264 | 264 | 20 |
| Othe | r incoming resources |
|||
|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | ||
| funds | Total | Total | ||
| Other | income | 7,755 | 7,755 | 3,355 |
| 7,755 | 7,755 | 3,355 |
| Employment | costs | 2022 | 2021 |
|---|---|---|---|
| Wages and salanes | 167,242 | 140,159 | |
| Social security | costs | 4,946 | 3,143 |
| Pension costs | 5,881 | 4,826 | |
| Other costs | 322 | 3,127 | |
| 178,391 | 151,255 |
| 2022 | 2021 |
|---|---|
| Nuruber | Number |
| 10 | 10 |
| was ris f | onows: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Pension | charge | 5,881 | 4,826 |
| for | the year ended 31 | March 2022 | ||||
|---|---|---|---|---|---|---|
| Land and | Fixtures, | |||||
| 8. | Tangible fixed assets | buildings | fittings and | |||
| freehold | equipment | Total | ||||
| Cost | ||||||
| At I April 2021 and |
||||||
| At 31 March 2022 | 2,830,794 | 383,661 | 47,260 | 3,261,715 | ||
| Depreciation | ||||||
| At I April 2021 |
300,372 | 381,574 | 47,259 | 729,205 | ||
| Charge for the year | 1,043 | 1,043 | ||||
| At 31 March 2022 | 300,372 | 382,617 | 47,259 | 730,248 | ||
| Net book values | ||||||
| At 31 March 2022 | 2,530,422 | 1,044 | I | 2,531,467 | ||
| At 31 March 2021 | 2,530,422 | 7,087 | I | 2,532,510 | ||
| 9. | Debtors | |||||
| 2022 | 2021 | |||||
| Trade debtors | (988) | 7,724 | ||||
| Other debtors | 5,855 | 5,413 | ||||
| 4,867 | 13,137 | |||||
| 10. | Creditors: amounts | falling due | ||||
| within one year |
2022 | 2021 | ||||
| Bank overdraft | 1,249 | |||||
| Lloyrl Bank | 57,641 | 57,245 | ||||
| Sandweli Metropolitan |
Council | 6,000 | 6,000 | |||
| Trade creditors | 1417) | 5,280 | ||||
| Other taxes and social | security | 24,845 | 1,689 | |||
| Other creditors | 1,067 | |||||
| Accruals and deferred |
income | 3,000 | 3,500 | |||
| 92,318 | 74,781 |
| 11. | Creditors: amounts | falling due | |||||
|---|---|---|---|---|---|---|---|
| after more than one year | 2022 | 2021 | |||||
| Lloyd Bank Pic | 537,367 | 595,405 | |||||
| Sandwell Metropolitan |
Council | 206,910 | 206,910 | ||||
| 744,277 | 802,315 | ||||||
| 12. | Accruals and deferred income | 2022 | 2021 | ||||
| Government grants |
|||||||
| At I April 2021 |
1601.690) | (619,923) | |||||
| Released in year |
18,233 | 18,233 | |||||
| At 31 March 2022 | (583,457) | (601,690') | |||||
| 13. | Unrestricted funds |
At | At | ||||
| 1April | Incoming | Outgoing | Gains and | 31March | |||
| 2021 | t'as0Ufcas | resources | losses | 2022 | |||
| Unrestricted Fund |
885,452 | 367,150 | (296,759) | 300,372 | 1,256,215 |