2023-03-31-accounts

COMPANY &CHARITY INFORMATION
TRUSTEES' REPORT	4-6
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCESHEET
NOTES TO THE FINANCIAL STATEMENTS	10-15

					2023	2022
		Unrestricted	Designated	Restricted	Total	Tota I
		Funds	Funds	Funds	Funds	Funds
	Notes		f	f	E	f
INCOME FROM:
Donations &legacies	2	6,900			6,900	3,413
Charitable acthritles	3	156,857		180,473	337,330	277,224
Other trading activfdes	4	24,974			24,974	9,892
Investment income
TOTAL INCOME		188495	0	180,473	369,368	290,536
EXPENDITURE ON:
Raising Funds					0	0
Charitable Activities		76,892	23,729	228,678	329,299	293,868
TOTAL EXPENDITURE		76,892	23,729	228,678	329,299	293,868
NET INCOME/(EXPENDITURE)
before transfers		112,003	(23,729)	(48,205)	40,069	(3,332)
Transfers between funds
Prior year Adjustment
Net Incoming/(Outgoing)	resources	112,003	(23,729	(48+05)	40,069	3,332)
RECONCIUATION OF FUNDS
Total funds bought forward		161,446	383,697	650,967	1,196,110	1,199,442
TOTAL FUNDS CARRIED FORWARD		273,449	359,968	602,762	1,236,179	1,196,110

	Notes	At 31stMarch	At31stMarch
		2023	2022
FIXEDASSETS
Tangible		972,114	1,018,638
CURRENT ASSETS
Debtors &prepayments		4,145	52,798
Cash at bank and in hand		261,318	140,774
		265,463	193,572
CREDITORS
Amounts falling due within one year	10	1,398	16,100
NET CURRENT ASSETS		264,065	177,472
TOTAL ASSETS LESSCURRENT LIABILITIES		1,236,179	1,196,110
CREDITORS
Amounts falling due after more than one year
		1,236,179	1,196,110
FUNDS OF THE CHARITY
Restricted funds	12	602,762	650,967
Unrestricted funds		273,449	161,446
Designated funds		359,968	383597
TOTAL FUNDS		1~,179	1,196,110

	INCOME FROM DONATIONS &LEGAOES	INCOME FROM DONATIONS &LEGAOES	INCOME FROM DONATIONS &LEGAOES	INCOME FROM DONATIONS &LEGAOES	2023	2022
					f	f
	Grantham Yorke Trust					1,000
	One Walsall					100
	Fred Stainethorpe					13
	Good things foundation					2,300
					6f900	3,413
3	INCOME FROM CHARITABLE ACTIVITIES
					2023	2022
					E	6
	Restricted Funds
	TNL Community Fund	- Hub develofjment				27,432
	Black Country Futures					56,398
	CJRS - Job Retention	Scheme				11,549
	Access to business					18,175
	Covid vaccination					2,520
	Dimensions UK					1,360
	DWP Resource Mgt				12,490	12,125
	Heart of England				23,800	4,500
	CLC Oasis warm meal					2,190
	50+Project Sandwell				16,243	5,485
	BBOBridges				113,012	20,274
	Sandwell MBC				14928
						162,007
	Other charitable income
	Education &training				71,000	65,000
	Advice, guidance &help		into work		2,295	7,535
	WVSC Voluntary Skills Connect				83,267	42,243
	Other income				295	439
					156,857	115,217
4	INCOME FROM OTHER TRADING ACITVITIES
	Centre lettings				13,615	5,866
	Cafe takings				11359	4,026
					24,974	9,892
	Hire charges were made		for use ofthe	Centre by various outside organisations		in 2022-23.
5	INVESTMENT INCOME
	Interest receivable
	TOTAL INCOME				369368	290,536
Note
6	EXPENDITURE ofcff				2023 6	2022 6
	Staff costs				189,675	171,362
	Establishment costs				40,324	33,231
	Direct cost ofactivities				41,468	32,972
	Depreciation				55,458	54,303
	Accountancy/Independent		Examiner's	Fee	2,375	2,000
	f d.				329,299	293,868
	Staff costs
	Other direct costs
	Total Expenditure				329,299	293,868

Trustee Stewardship Insurance off2,327w	as paid during the year (PYRE2,01	0.02)
	2023	2022
STAFF COSTS	E	E
Wages and salaries	178,589	159,341
Redundancy Costs
Social security costs	5,389	7,095
Pension costs	5,179	4,840
Staff travel &subsistence	518	86
	189,675	171476

	Unrestricted	Designated
TANGIBLE FIXEDASSETS	Funds	Funds	Restricted Funds	Total
Cost
At 1April 2022	10,572	593,213	698,270	1,302,055
Additions	8,934		0	8,934
Disposals	0		0	0
As at 31March 2023	19,506	593,213	698,270	1,310,989
Depreciation
At 1April 2022	7,229	171,514	104,674	283,417
Charge for the period	3,798	23,729	27,931	55,458
Disposals	0		0	0
As at31March 2023	11,027	195,243	132,605	338,875
Net BookValue
As at31March 2023	8,479	397,970	565,665	972,114
At 31stMarch 2022	3,343	421,699	593,596	1,018,638

9	DEBTORS
							At 31stMarch	At 31stMarch
							2023	2022
								E
	Trade Debtors						4,145	52,798
	Prepayments	and accrued income
							4,145	52,798
10	CREDITORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2023	2022
							E	E
	Trade Creditors						1,398	14,100
	Tax and social	security
	Accrued expenses
							1,398	16,100
	CREDITORS:AMOUNTS		FALLING DUE AFTER ONE YEAR
11	ANALYSIS OF	NET ASSETS BETWEEN		FUNDS
							2023	2022
			Unrestricted		Designated	Restricted	Total	Total
			Funds		Funds	Funds	Funds	Funds
				E	E	E	E	E
	Fixed Assets		8,479		397,970	565,665	972,114	1,018,638
	Net Current Assets		264,970			-905	264,065	177,472
	Long term Liabilities
			273,449		397,970	564,760	1,236,179	1,196,110