| Page | |||
|---|---|---|---|
| Company Information |
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| Report ofthe Directors | and Trustees | ||
| Statement ofFinancial | Activities | ||
| Notes to the Statement | of Financial | Activities | |
| Balance Sheet | |||
| Notes to the Financial Statements | |||
| Independent Examiner's |
Report | 12 |
| DIRECTORS: | C R Crosdale | |
|---|---|---|
| D Mclntosh | ||
| D A Mclntosh | ||
| Dr D Kalra | ||
| L Bell | ||
| LT Mooruth | ||
| SECRETARY: | S Herian | |
| REGISTERED OFFICE: | Paycare House 1"Floor |
|
| George Street | ||
| Wolverhampton | ||
| NIV2 4DX | ||
| REGISTERED NUMBER: | 03575079 (England | and Wales) |
| REGISTERED CHARITY | ||
| NUMBER: | 1077687 | |
| ACCOUNTANTS: | Seagrave French LLP | |
| 1 Poplars Court | ||
| Lenton Lane | ||
| Nottingham, NG7 2RR |
||
| BANKERS: | Lloyds Bank Plc | |
| 37 Queen Square | ||
| Wolverhampton | ||
| WVI 1TL | ||
| SOLICITORS: | Wall James Chappell | |
| 15-23Hagley Road |
||
| Stourbridge | ||
| DYS 1QW |
| FO | R THE YEA | R END | ED | 31STMARCH | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Total | |||||||||||
| Unrestricted | Restricted | Funds | Funds | |||||||||
| Notes | Funds f |
Funds f |
2022 6 |
2021 f. |
||||||||
| INCOME FROM: | ||||||||||||
| Donations and other |
income | 23,001 | 23,001 | 14,611 | ||||||||
| Investment income |
35 | 35 | 30 | |||||||||
| Charitable activities: |
||||||||||||
| Service level agreements | from | |||||||||||
| Wolverhampton | Clinical Commissioning | Group | 111,010 | 111,010 | 109,423 | |||||||
| Dudley | Clinical | Commissioning | Group | 16,273 | 16,273 | 16,040 | ||||||
| Walsall | Healthcare | NHS Trust | 49,609 | 49,609 | 49,609 | |||||||
| Staffordshire | CC —FSS/FIP/PP/Sapling | 79569 | 716126 | ~795695 | 689409 | |||||||
| TOTAL INCOME | 102605 | 893018 | ~995623 | 879 122 | ||||||||
| EXPENDITURE ON: | ||||||||||||
| Raising funds | 1 | 830 | 38,211 | 39,041 | 37,410 | |||||||
| Charitable activities |
2 | 15979 | 794 264 | ~810243 | 759 932 | |||||||
| TOTAL EXPENDITURE | 16809 | 832 475 | ~849284 | 797342 | ||||||||
| Net incoming / (expenditure) |
before gain or | 85,796 | 60,543 | 146,339 | 81,780 | |||||||
| loss on investments | ||||||||||||
| Unrealised gain/(loss) |
on investments | 523 | 523 | 5,548 | ||||||||
| Balances brought forward |
as | at 1 | April 2021 | 228 663 | 191703 | 4~20 366 | 333038 | |||||
| Balances carried forward as | at | 31 | March 2022 | 314982 | 252 246 | ~567 228 | 420 366 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | |||
| Funds 6 |
Funds f |
2022 6 |
2021f | |||
| 1 | RAISING FUNDS | |||||
| Wages | 629 | 30,845 | 31,474 | 29,190 | ||
| Social Security | 51 | 2,501 | 2,552 | 2,413 | ||
| Pensions | 52 | 2,526 | 2,578 | 3,284 | ||
| Repairs &maintenance | 16 | 314 | 330 | 449 | ||
| Telephone | 13 | 650 | 663 | 564 | ||
| Sundry expenses | 10 | 183 | 193 | 258 | ||
| Postage, printing |
8 stationery | 16 | 296 | 312 | 332 | |
| Rent &service charge | 24 | 447 | 471 | 441 | ||
| Insurance | 3 | 141 | 144 | 137 | ||
| Depreciation —office equipment |
11 | 218 | 229 | 230 | ||
| Bank charges | 5 | 90 | 95 | 112 | ||
| 830 | 38211 | 39041 | 37410 | |||
| 2 | CHARITABLE ACTIVITIES | |||||
| Wages | 5,980 | 592,019 | 597,999 | 554,606 | ||
| Social Security | 970 | 47,514 | 48,484 | 45,846 | ||
| Pensions | 979 | 47,994 | 48,973 | 62,390 | ||
| Staff training | 210 | 210 | 270 | |||
| Travelling | 1,026 | 19,495 | 20,521 | 6,493 | ||
| Repairs & maintenance | 313 | 5,949 | 6,262 | 8,539 | ||
| Socialhardship | donation | 1,658 | 1,658 | 1,195 | ||
| Consultancy service development |
33,565 | 33,565 | 35,400 | |||
| Subscriptions | 3,319 | 3,319 | 2,663 | |||
| Telephone | 252 | 12,343 | 12,595 | 10,717 | ||
| Sundry expenses | 183 | 3,478 | 3,661 | 4,911 | ||
| Postage, printing |
& stationery | 296 | 5,629 | 5,925 | 6,304 | |
| Rent &service charge | 179 | 8,770 | 8,949 | 8,379 | ||
| Insurance | 55 | 2,679 | 2,734 | 2,612 | ||
| Depreciation -office equipment |
218 | 4,138 | 4,356 | 4,362 | ||
| Supportcosts: | ||||||
| Board expenses | 36 | 694 | 730 | 1,897 | ||
| Accountancy | 108 | 2,052 | 2,160 | 2,160 | ||
| Professional fees |
407 | 7735 | ~8142 | 1 188 | ||
| 15979 | 794 264 | ~810243 | 759 932 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| 3167 | MARCH 2022 | ||||||
| 2022 | 2021 | ||||||
| Notes | |||||||
| FIXEDASSETS: | |||||||
| Tangible assets | 863 | 5,448 | |||||
| CURRENT ASSETS: | |||||||
| Debtors | 1,095 | 995 | |||||
| Investments | 54,295 | 53,772 | |||||
| Cash at bank and | in hand | 665,697 | 508,311 | ||||
| 721,087 | 563,078 | ||||||
| CREDITORS: Amounts | falling | ||||||
| due within one year | 69,722 | 63,160 | |||||
| NET CURRENT ASSETS: | 651,365 | 499,918 | |||||
| TOTAL ASSETS | LESS | CURRENT | |||||
| LIABILITIES: | 652,228 | 505,366 | |||||
| CREDITORS: Amounts | falling due | ||||||
| after more than one year | 85,000 | 85,000 | |||||
| NET ASSETS | 567,228 | 420,366 | |||||
| RESERVES: | |||||||
| Unrestricted Funds: |
|||||||
| General Funds |
234,982 | 185,663 | |||||
| Designated Funds |
80 000 | 43000 | |||||
| 314,982 | 228,663 | ||||||
| Restricted Funds | 252,246 | 191,703 | |||||
| 567,228 | 420,366 |
| STAFF COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021f | |||||||
| Wages and salaries | 629,473 | 583,796 | ||||||
| Social security costs | 51,036 | 48,259 | ||||||
| Other pension costs | 51,551 | 65,674 | ||||||
| 732,060 | 697,729 | |||||||
| The average monthly |
number ofemployees | during the | year was as follows: | |||||
| 2022 | 2021 | |||||||
| Charitable Workers |
26 | 25 | ||||||
| There are no employees | who received total | emoluments | of more | than | 660,000. | |||
| OPERATING PROFIT/(LOSS) | ||||||||
| The operating profit/(loss) |
is stated after charging: | |||||||
| 2022 | 2021 | |||||||
| 6 | E | |||||||
| Depreciation —owned |
assets | 4,585 | 4,592 | |||||
| Directors' emoluments | and other benefits etc | |||||||
| TANGIBLE FIXEDASSETS | ||||||||
| Fixtures | ||||||||
| Plant ~h |
and | ~ll | and u |
Totals | ||||
| COST: | ||||||||
| At 1st April 2021 | 23,824 | 13,391 | 37,215 | |||||
| Additions | ||||||||
| Disposals | ||||||||
| At 31st March 2022 | 23,824 | 13,391 | 37,215 | |||||
| DEPRECIATION: | ||||||||
| At 1st April 2021 | 19,516 | 12,251 | 31,767 | |||||
| Charge for year | 4,308 | 277 | 4,585 | |||||
| Eliminated on disposals |
||||||||
| At 31st March 2022 | 23,824 | 12,528 | 36,352 | |||||
| NET BOOK VALUE: | ||||||||
| At 31st March 2022 | 863 | 863 | ||||||
| At 31st March 2021 | 4,308 | 1,140 | 5,448 |
| DEBTORS: AMOUNTS FALLING |
DEBTORS: AMOUNTS FALLING |
DEBTORS: AMOUNTS FALLING |
||||
|---|---|---|---|---|---|---|
| DUE WITHIN | ONE YEAR | |||||
| 2022 | 2021 | |||||
| 6 | F | |||||
| Prepayments | and accrued | income | 1,095 | 995 | ||
| 6. | CURRENT ASSET INVESTMENTS | |||||
| 2022 | 2021 | |||||
| 5 | 8 | |||||
| Architas MA Passive Moderate SAcc |
~54 295 | 53772 | ||||
| 54,295 | 53,772 | |||||
| 7. | CREDITORS: | AMOUNTS | FALLING | |||
| DUE WITHIN | ONE YEAR | |||||
| 2022 | 2021 | |||||
| 5 | 6 | |||||
| Social security | and other tax | |||||
| Accruals and deferred income |
~69 722 | 63160 | ||||
| 69,722 | 63,160 | |||||
| 8. | CREDITORS: | AMOUNTS | FALLING | |||
| DUE AFTER MORE THAN | ONE YEAR | |||||
| 2022 | 2021 | |||||
| 6 | 5 | |||||
| Provision for defined pension scheme |
defimt (see note 9) | 85,000 | 85,000 |
| PENSION SCHEME | |||
|---|---|---|---|
| 2022 | 2021 | ||
| 5 | 8 | ||
| Value ofscheme assets | and liabilities | ||
| Market value ofassets | 820,000 | 740,000 | |
| Present value ofscheme | liabilities | (1,~332,000 | (1,400,000) |
| Pension scheme deficit | ~512,000 | ~660,000 |
| Minimum | le | ase payments under non-cancellable operating |
leases fall due | as follows: | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 5 | 5 | ||||
| Within one | year | ||||
| Between | one and five years | ||||
| ANALYSIS | OF NET ASSETS BETWEEN FUNDS | ||||
| Net | Total | ||||
| Fixed | Current | Net | |||
| Assets | Assets | Assets | |||
| 5 | 5 | ||||
| Unrestricted | Funds: | ||||
| General | Funds | 234,982 | 234,982 | ||
| Designated | Funds | 80000 | 80000 | ||
| 314,982 | 314,982 | ||||
| Restricted | Funds | 863 | 251,383 | 252,246 | |
| 863 | 566,365 | 567,228 |