| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees report | 2-4 | ||
| Independent examiners' |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 8-12 |
| 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 Ebanks | |||
| Marcia Gordon | |||
| Chief executive | Horace Rodney | ||
| Accountants | Yevsa Co | ||
| Yevs House | |||
| 130Cape Hill | |||
| Smethwick | |||
| B664PH | |||
| Bankers | Lloyd Bank Pic | ||
| Smethwick Branch |
|||
| PO Box 1000 | |||
| BX11LT | |||
| Solicitors | Silks | ||
| Barclays Bank Chambers | |||
| 27 Birmingham | Street | ||
| Oldbury | |||
| B694EZ |
| Unrestricted | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| Notes | g | 6 | ||||
| Incoming resources | ||||||
| Incoming resources from generating | funds: | |||||
| Voluntary income |
2 | 165,049 | 165,049 | 186,892 | ||
| Activities for generating | funds | 3 | 149,102 | 149,102 | 172,239 | |
| Investment income |
4 | 204 | 204 | 264 | ||
| Other incoming resources | 5 | 16,663 | 16,663 | 7,755 | ||
| Total incoming resources | 331,018 | 331,018 | 367,150 | |||
| Resources expended | ||||||
| Function Room Expenditure | 38,949 | 38,949 | 25,202 | |||
| Staff costs | 6 | 170,579 | 170,579 | 178,391 | ||
| Establishment costs |
57,134 | 57,134 | 44,491 | |||
| Accountancy fees |
3,000 | 3,000 | 3,000 | |||
| Legal and professional fees |
1,879 | 1,879 | 11,010 | |||
| Communications and IT |
3,396 | 3,396 | 2,919 | |||
| Printing, Postage &Stationery | 630 | 630 | 1,048 | |||
| Nursery expenses |
513 | 513 | 1,443 | |||
| Interest payable and similar charges |
29,699 | 29,699 | 18,994 | |||
| Depreciation and impairment |
1,043 | 1,043 | 1,043 | |||
| Subscriptions | 1,682 | 1,682 | 4,281 | |||
| General Expenses | 2,250 | 2,250 | ||||
| Special Project | 4,102 | 4,102 | 4,936 | |||
| Total resources expended | 314,856 | 314,856 | 296,758 | |||
| Total funds brought forward | 1,256,215 | 1,256,215 | 1,185,824 | |||
| Total funds carried forward | 1,272,377 | 1,272,377 | 1,256,216 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 2,530,424 | 2,531,467 | |||||
| Current assets | |||||||
| Debtors | 5,440 | 4,865 | |||||
| Cash at bank | and in hand | 79,090 | 139,935 | ||||
| 84,530 | 144,800 | ||||||
| Creditors: | amounts | falling | |||||
| due within | one year | 10 | (77,066) | (92,318) | |||
| Net current | assets | 7,464 | 52,482 | ||||
| Total assets less current | |||||||
| liabiTities | 2,537,888 | 2,583,949 | |||||
| Creditors: | amounts | falling due | |||||
| after more | than one | year | 11 | (700,287) | (744,277) | ||
| Accruals and deferred income | 12 | (565,224) | (583,457) | ||||
| Net assets | 1,272,377 | 1,256,215 | |||||
| Funds | |||||||
| Unrestricted | income funds: | ||||||
| Unrestricted | income funds | 972,005 | 955,843 | ||||
| Revaluation | reserve | 300,372 | 300,372 | ||||
| Total unrestricted income funds |
1,272,377 | 1,256,215 | |||||
| Total funds | 1,272,377 | 1,256,215 |
| Volunta | ry income |
||||
|---|---|---|---|---|---|
| Unrestricted | 2023 | 2022 | |||
| funds | Total | Total | |||
| 8 | |||||
| Furlough | Grant | 22,507 | |||
| Deferred | income (Government | grant) | 18,233 | 18,233 | 18,233 |
| SMBC | 32,382 | 32,382 | 88,226 | ||
| Room Hire | 114,434 | 114,434 | 57,926 | ||
| 165,049 | 165,049 | 186,892 |
| Unrestricted | 2023 | 2022 |
|---|---|---|
| funds | Total | Total |
| g | g | g |
| 149,102 | 149,102 | 172,239 |
| 149,102 | 149,102 | 172,239 |
| Unrestricted | 2023 | 2022 |
|---|---|---|
| funds | Total | Total |
| 8 | 8 | |
| 204 | 204 | 264 |
| 204 | 204 | 264 |
| Unrestricted | 2023 | 2022 | |||
|---|---|---|---|---|---|
| funds | Total | Total | |||
| g | g | g | |||
| Other income | 11,267 | 11,267 | 7,755 | ||
| Other income | 5,396 | 5,396 | |||
| 16,663 | 16,663 | 7,755 | |||
| 6. | Employees | ||||
| Employment | costs | 2023 | 2022 | ||
| g | g | ||||
| Wages and salaries | 158,375 | 167,242 | |||
| Social security | costs | 5,346 | 4,946 | ||
| Pension costs | 6,525 | 5,881 | |||
| Other costs | 333 | 322 | |||
| 170,579 | 178,391 |
| 2023 | 2022 |
|---|---|
| Number | Number |
| 10 | 10 |
| 2023 | 2022 |
|---|---|
| g | g |
| 6,525 | 5,881 |
| to financial statements e year ended 31March 2023 |
||||
|---|---|---|---|---|
| Land and | Fixtures, | |||
| Tangible fixed assets | buildings | fittings and | ||
| freehold | equipment | Total | ||
| 8 | ||||
| Cost | ||||
| At 1 April 2022 and | ||||
| At 31March 2023 | 2,830,794 | 383,661 | 47,260 | 3,261,715 |
| Depreciation | ||||
| At 1 April 2022 | 300,372 | 382,617 | 47,259 | 730,248 |
| Charge for the year | 1,043 | 1,043 | ||
| At 31March 2023 | 300,372 | 383,660 | 47,259 | 731,291 |
| Net book values | ||||
| At 31March 2023 | 2,530,422 | I | 2,530,424 | |
| At 31March 2022 | 2,530,422 | 1,044 | 1 | 2,531,467 |
| Debtors | |||
|---|---|---|---|
| 2023 | 2022 | ||
| 8 | 8 | ||
| Trade debtors | (988) | (988) | |
| Other debtors | 6,428 | 5,855 | |
| 5,440 | 4,867 | ||
| Creditors: amouats | falling due | ||
| within one year | 2023 | 2022 | |
| 8 | K | ||
| Bank overdraft | 1,249 | ||
| Lloyd Bank | 65,146 | 57,641 | |
| Sandweg Metropolitan | Council | 6,500 | 6,000 |
| Trade creditors | (417) | ||
| Other taxes and social | security | 2,420 | 24,845 |
| Accruals and deferred | income | 3000 | 3000 |
| 2023 | 2022 |
|---|---|
| 8 | K |
| 1,249 | |
| 65,146 | 57,641 |
| 6,500 | 6,000 |
| (417) | |
| 2,420 | 24,845 |
| 3,000 | 3,000 |
| 77,066 | 92,318 |
| Lloyd Bank Pic | |
|---|---|
| Saudwell Metropolitan |
Council |
| 2023 | 2022 |
|---|---|
| g | g |
| 493,877 | 537,367 |
| 206,410 | 206,910 |
| 700,287 | 744,277 |
| 12. | Accruals and deferred income | 2023 | 2022 | ||||
| Government | grants | ||||||
| At l April 2022 | (583,457) | (601,690) | |||||
| Released in year | 18,233 | 18,233 | |||||
| At 31March | 2023 | (565,224) | (583,457) | ||||
| 13. | Unrestricted | funds | At | At | |||
| 1April | Incoming | Outgoing | Gains and | 31March | |||
| 2022 | resources | resources | losses | 2023 | |||
| K | |||||||
| Unrestricted | Fund | 955,843 | 331,018 | (314,856) | 300,372 | 1,272,377 |