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|CONTENTS|PAGE NO.|
|---|---|
|COMPANY
8c CHARITY INFORMATION||
|TRUSTEES' REPORT|4-6|
|INDEPENDENT
EXAMINER'S REPORT||
|STATEMENT OF FINANCIAL ACTIVITIES||
|BALANCE SHEET||
|NOTES TO THE FINANCIAL STATEMENTS|10-15|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|Funds|
||Notes|f|f|f|f|f|
|INCOME FROM:|||||||
|Donations 8 legacies||3,413|||3,413|24,926|
|Charitable
activities||115,217||162,007|277,224|215,042|
|Other trading activities||9,892|||9,892|10,850|
|Investment
income|||||||
|TOTAL INCOME||128,529||162,007|290,536|250,832|
|EXPENDITURE ON:|||||||
|Raising Funds|||||0|5,944|
|Charitable
Activities||100,4?5|23,729|169,664|293,868|254,483|
|TOTAL EXPENDITURE||100,475|23,729|169,664|293,868|260,427|
|NET INCOME/(EXPENDITURE)|||||||
|before transfers||28,054|(23,729)|(7,657)|(3,332)|(9,595)|
|Transfers between
funds|||||||
|Prior year Adjustment||||||(78}|
|RECONCILIATION
OF FUNDS|||||||
|Total funds bought forward||133,392|407,426|658,624|1,199,442|1,209,115|
|TOTAL FUNDS CARRIED FORWARD||161,446|383,697|650,967|1,196,110|1,199,442|
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|Bilston Resource Centre
Balance Sheet as at31stMarch 2022||||
|---|---|---|---|
||Notes|At 31stIVlarch|At 31st March|
|||2022|2021|
|||E|E|
|FIXEDASSETS||||
|Tangible||1,018,638|1,071,541|
|CURRENT ASSETS||||
|Debtors 8,prepayments||52,798|42,73?|
|Cash at bank and in hand||140,774|105,382|
|||193,572|148,119|
|CREDITORS||||
|Amounts
falling due within one year|10|16,100|20,218|
|NET CURRENT ASSETS||177,472|127,901|
|TOTAL ASSETS LESSCURRENT LIABIUTIES||1,196,110|1,199,442|
|CREDITORS||||
|Amounts
falling due after more than one year||||
|NET ASSETS|||1,199,442|
|FUNDS OFTHE CHARITY||||
|Restricted funds||650,967|658,624|
|Unrestricted
funds||161,446|133,392|
|Designated
funds||383,697|407,426|
|TOTAL FUNDS||1,196,110|1,199,442|
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|Note|||||||||
|---|---|---|---|---|---|---|---|---|
||INCOME FROM DONATIONS|||&a LEGACIES|||2022|2021|
||||||||f|f|
||Garfield Weston Foundation|||||||20,000|
||Grantham
Yorke Trust||||||1,000|1,000|
||Rotary Charity|||||||500|
||The Edward Cadbury|ECCT Grant||||||2,500|
||Penn Christian
Centre|||||||500|
||WCC Food Bank|||||||426|
||One Walsall||||||100||
||Fred Stainethorpe||||||13||
||Good things foundation||||||2,300||
||||||||3,413|24,926|
||INCOME FROM CHARITABLE|||ACTIVITIES|||||
||||||||2022|2021|
||||||||f|f|
||Restricted Funds||||||||
||TNL Community
Fund|—Hub development|||||27,432|27,075|
||BBOCommunity
Matters|||||||2,536|
||Black Country
Futures||||||56,398|56,938|
||CJRS —Job Retention Scheme||||||11,549|22,642|
||Resonance
—Social Enterprise|||Support||||23,000|
||Covid vaccination||||||2,520||
||Dimensions
UK||||||1,360||
||DWP Resource Mgt||||||12,125||
||Heart of England||||||4,500||
||CLC Oasis warm meal||||||2,190||
||50+Project Sandwell||||||5,485||
||BBOBridges||||||20,274||
||||||||162,007|132,190|
||Other charitable
income||||||||
||Education
Iktraining||||||65,000|70,219|
||Advice, guidance
Ik help||into|work|||7,535|12,410|
||TNL Community
Fund|- revenue|||re capital grant||||
||WVSC Voluntary
Skills Connect||||||42,243||
||Other income||||||439|223|
||||||||115,217|82,852|
|4|INCOIVIE FROM OTHER TRADING||||ACTIVITIES||||
||Centre lettings||||||5,866|7,224|
||Cafe takings||||||4,026|3,627|
||||||||9,892|10,850|
||Hire charges were made||for|use|ofthe Centre by various outside organisations|in 2021-22.|||
||INVESTMENT INCOME||||||||
||Interest receivable|||||||15|
||TOTAL INCOME||||||290,536|250,833|
|Note|||||||||
|6|EXPENDITURE||||||2022|2021|
||Charitable
Activities:||||||f|f|
||Staff costs||||||171,362|144,791|
||Establishment
costs||||||33,231|22,870|
||Direct cost ofactivities||||||32,972|32,369|
||Depreciation||||||54,303|53,953|
||independent
Examiner's||Fee||||2,000|500|
||||||||293,868|254,483|
||Raa*i if ad*:||||||||
||Staff costs|||||||5,444|
||Other direct costs|||||||500|
|||||||||5,944|
||Tota IExpenditure||||||293,86&|260,427|
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|Trustee Stewardship
|Insur|ance off2,01|0.Q2|was paid|during the year {PYR|f1,197)|||
|---|---|---|---|---|---|---|---|---|
||||||2022||2021||
|STAFF COSTS|||||f||f||
|Wages and salaries|||||159,341|136,868|||
|Redundancy
Costs|||||||615||
|Socia I security costs|||||7,095||5,788||
|Pension costs|||||4,840||4,407||
|Staff travel &subsistence|||||86||||
||||||171,362|147,679|||
|The average monthly|number ofemployees|||during|||||
|the year was:|||||||||
|There were no employees||whose annual|emoluments||were f60,000or more {2021:nil)||||
||||Unrestricted||Designated||||
|TANGIBLE FIXEDASSETS||||Funds|Funds|Restricted|Funds|Total|
|At 1April 2021||||9,172|593,213|698,270||1,300,655|
|Additions||||1,40Q|||0|1,400|
|Disposals||||0|||0|0|
|As at 31March 2022||||10,572|593,213|698,270||1,302,055|
|Depreciation|||||||||
|At 1April 2021||||4,586|147,785||76,743|229,114|
|Charge for the period||||2,643|23,729||27,931|54,303|
|Disposals||||0|||0|0|
|As at 31March 2022||||7,229|171,514|104,674||283,417|
|Net Book Value|||||||||
|As at 31March 2022||||3,343|421,699|593,596||1,018,638|
|At 31st March 2021||||4,586|445,428|621,527||1,071,541|
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|9|DEBTORS|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||At 31stMarch|At 31stMarch|
|||||||||2022|2021|
||||||||||f|
||Trade Debtors|||||||52,798|42,737|
||Prepayments|and|accrued income|||||||
|||||||||52,798|42,737|
|10|CREDITORS: AMOUNTS|||FALLING|DUE WITHIN ONE YEAR|||||
|||||||||2022|2021|
|||||||||f|f|
||Trade Creditors|||||||14,100|19,718|
||Tax and social|security||||||||
||Accrued expenses||—Accountancy/independent|||Examiner||2,000|500|
|||||||||16,100|20,218|
||CREDITORS: AMOUNTS|||FALLING|DUE AFTER|ONE YEAR||||
|11|ANALYSIS OF|NET|ASSETS BETWEEN FUNDS|||||||
|||||Unrestricted||Designated|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|Funds|
||||||f|f|f|f|f|
||Fixed Assets||||3,343|421,699|593,596|1,018,638|1,071,541|
||Net Current Assets|||178,377|||-905|177,472|127,901|
||Long term Liabilities|||||||||
|||||181,720||421,699|592,691|1,196,110|1,199,442|
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