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|||Page|
|---|---|---|
|Company
Information|||
|Report ofthe Directors|and Trustees||
|Statement of Financial|Activities||
|Notes to the Statement|ofFinancial Activities||
|Balance Sheet|||
|Notes to the Financial Statements|||
|Independent
Examiner's|Report|12|
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|DIRECTORS:|C R Crosdale||
|---|---|---|
||D Mclntosh||
||D A Mclntosh||
||Dr D Kalra||
||L Bell||
||L T Mooruth||
|SECRETARY:|S Herian||
|REGISTERED OFFICE:|Paycare House
1"Floor||
||George Street||
||Wolverhampton||
||WV2 4DX||
|REGISTERED NUMBER:|03575079 (England|and Wales)|
|REGISTERED CHARITY|||
|NUMBER:|1077687||
|ACCOUNTANTS:|Seagrave French LLP||
||1 Poplars Court||
||Lenton Lane||
||Nottingham,
NG72RR||
|BANKERS:|Lloyds Bank Plc||
||37Queen Square||
||Wolverhampton||
||WV1 1TL||
|SOLICITORS:|Wall James Chappell||
||15-23 Hagley Road||
||Stourbridge||
||DY8 1QW||
||Page 1||
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|||||||FOR THE YEA|R END|ED 3|1STMARCH|2021|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Total|Total|
||||||||||Unrestricted|Restricted|Funds|Funds|
||||||||||Funds|Funds|2021|2020|
||||||||Notes||f|6||6|
|INCOME|FROM:||||||||||||
|Donations|and other|income|||||||14,611||14,611|1,031|
|Investment|income||||||||30||30|21|
|Charitable|activities:||||||||||||
|Service level agreements|||from:||||||||||
||Wolverhampton|||||Clinical Commissioning||Group||109,423|109,423|106,451|
||Dudley|Clinical|||Commissioning||Group|||16,040|16,040|16,040|
||Walsall|Healthcare
NHS Trust||||||||49,609|49,609|49,608|
||Staffordshire|||County Council —FSS/FIP/PP|||||68 941|620 468|689409|676534|
|TOTAL INCOME|||||||||83582|795 540|~879 122|849 685|
|EXPENDITURE ON:|||||||||||||
|Raising funds||||||||1|803|36,607|37,410|35,636|
|Charitable|activities|||||||2|13796|746 136|~759932|745499|
|TOTAL EXPENDITURE|||||||||14599|782 743|~797 342|781 135|
|Net incoming
/ (expenditure)|||||before gain or||||68,983|12,797|81,780|68,550|
|loss on investments|||||||||||||
|Unrealised|gain/(loss)|on investments|||||||5,548||5,548|(1,515)|
|Balances|brought
forward||as||at|1 April 2020|||154132|178906|333038|266003|
|Balances|earned forward as|||at||31 March 2021|||228663|191 703|~420 366|333038|
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds
f|Funds
5|2021
6|2020f|
|1|RAISING FUNDS||||||
||Wages||584|28,606|29,190|27,812|
||Social Security||48|2,365|2,413|2,299|
||Pensions||66|3,218|3,284|2,967|
||Repairs & maintenance||22|427|449|410|
||Telephone||11|553|564|436|
||Sundry expenses||13|245|258|97|
||Postage,
printing|& stationery|17|315|332|282|
||Rent &service charge||22|419|441|411|
||Insurance||3|134|137|132|
||Depreciation
-office equipment||11|219|230|230|
||Bank charges||6|106|112|560|
||||803|36607|37410|35 636|
|2|CHARITABLE ACTIVITIES||||||
||Wages||5,546|549,060|554,606|528,420|
||Social Security||917|44,929|45,846|43,684|
||Pensions||1,248|61,142|62,390|56,365|
||Staff training|||270|270|1,771|
||Travelling||325|6,168|6,493|31,583|
||Repairs
& maintenance||427|8,112|8,539|7,786|
||Social hardship|donation|1,195||1,195|933|
||Consultancy
service development|||35,400|35,400|37,105|
||Subscriptions||2,663||2,663|2,135|
||Telephone||214|10,503|10,717|8,275|
||Sundry expenses||246|4,665|4,911|1,851|
||Postage,
printing|& stationery|315|5,989|6,304|5,358|
||Rent &service charge||168|8,211|8,379|7,809|
||Insurance||52|2,560|2,612|2,502|
||Depreciation
—office equipment||218|4,144|4,362|4,371|
||Supportcosts:||||||
||Board expenses||95|1,802|1,897||
||Accountancy||108|2,052|2,160|2,160|
||Professional
fees||59|1 129|1 188|3391|
||||13796|746 136|7~59932|745499|
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||||BALANCE SHEET||||
|---|---|---|---|---|---|---|
||||31STMARCH 2021||||
||||2021||2020||
||||Notes||||
|FIXEDASSETS:|||||||
|Tangible assets||||5,448||10,040|
|CURRENT ASSETS:|||||||
|Debtors|||995||200,223||
|Investments|||53,772||48,224||
|Cash at bank and|in hand||508,311||151,711||
||||563,078||400,158||
|CREDITORS: Amounts||falling|||||
|due within one year|||63,160||2,160||
|NET CURRENT ASSETS:||||499,918||397,998|
|TOTAL ASSETS|LESS|CURRENT|||||
|LIABILITIES:||||505,366||408,038|
|CREDITORS: Amounts||falling due|||||
|affer more than one year||||85,000||75,000|
|NET ASSETS||||420,366||333,038|
|RESERVES:|||||||
|Unrestricted
Funds:|||||||
|General
Funds||||185,663||154,132|
|Designated
Funds||||4~3000|||
|||||228,663||154,132|
|Restdicted
Funds||||191,703||178,906|
|||||420,366||333,038|
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|STAFF COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||6|F|
|Wages and salaries|||||||583,796|556,232|
|Social security costs|||||||48,259|45,983|
|Other pension costs|||||||65,674|59,332|
||||||||697,729|661,547|
|The average
monthly|number||ofemployees|during the|year was|as follows:|||
||||||||2021|2020|
|Charitable
Workers|||||||25|23|
|There are no employees||who received total||emoluments|ofmore|than|660,000.||
|OPERATING PROFIT/(LOSS)|||||||||
|The operating
profit/(loss)||is stated after charging:|||||||
||||||||2021|2020|
||||||||6|6|
|Depreciation
- owned|assets||||||4,592|4,601|
|Directors' emoluments|and other benefits etc||||||||
|TANGIBLE FIXEDASSETS|||||||||
||||||||Fixtures||
||||||Plant
~hi|and|and
~ftti|7 t
I|
|COST:|||||||||
|At 1st April 2020|||||23,824||13,391|37,215|
|Additions|||||||||
|Disposals|||||||||
|At 31st March 2021|||||23,824||13,391|37,215|
|DEPRECIATION:|||||||||
|At 1st April 2020|||||15,208||11,967|27,175|
|Charge for year||||||4,308|284|4,592|
|Eliminated
on disposals|||||||||
|At 31st March 2021|||||19,516||12,251|31,767|
|NET BOOK VALUE:|||||||||
|At 31st March 2021||||||4,308|1,140|5,448|
|At 31st March 2020||||||8,616|1,424|10,040|
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||DEBTORS: AMOUNTS
FALLING|DEBTORS: AMOUNTS
FALLING|||
|---|---|---|---|---|
||DUE WITHIN ONE YEAR||||
||||2021|2020|
||||f||
||Prepayments
and accrued|income|995|200,223|
|6.|CURRENT ASSET INVESTMENTS||||
||||2021|2020|
||||6|6|
||Architas
MA Passive Moderate SAcc||~53772|48224|
||||53,772|48,224|
|7.|CREDITORS'.AMOUNTS|FALLING|||
||DUE WITHIN ONE YEAR||||
||||2021|2020|
||||6|F|
||Social security and other tax||||
||Accruals
and deferred
income||~63160|2 160|
||||63,160|2,160|
|8.|CREDITORS: AMOUNTS|FALLING|||
||DUE AFTER MORE THAN|ONE YEAR|||
||||2021|2020|
||Provision for defined
pension scheme deficit (see note 9)||85,000|75,000|
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|PENSION SCHEME||||
|---|---|---|---|
|||2021|2020|
|||8|5|
|Value ofscheme assets|and liabilities|||
|Market value ofassets||740,000|598,000|
|Present value ofscheme|liabilities|(1,400,000)|~945,000)|
|Pension scheme deficit||~660,000|~347,000|
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|Minimum|le|ase payments
under non-cancellable
operating|leases fall due|as follows:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|Within one||year|||205|
|Between|one and five years|||||
|ANALYSIS||OF NET ASSETS BETWEEN FUNDS||||
|||||Net|Total|
||||Fixed|Current|Net|
||||Assetsf|Assets
5|Assets
5|
|Unrestricted||Funds:||||
|General|Funds|||185,663|185,663|
|Designated||Funds||43000|43000|
|||||228,663|228,663|
|Restricted||Funds|5,448|186,255|191,703|
||||5,448|414,918|420,366|
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