2020-12-31-accounts

			Page
Rcport ofthc Trustees		1	to	2
Independent Examiner's	Report
Statcmcnt ofFinancial	Activities
Balance Shcct		5	to	6
Notes to thc Financial Statcmcnts		7	to	12
Dctailcd Statement ofFinancial Activities

		for th	c Year Ended 31 Dcecmb	cr 2020
				31.12.20	31.12.19
				Unrcstrictcd	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				68,000	112,550
Charitable activities
Principal activity				331,431	198,085
Other incornc				1%530	1,500
Total				400,961	312,135
EXPENDITURE ON
Charitable activities
Principal activity				390/97	258,312
Other				25,587	17,028
Total				415,884	275,340
NET INCOME/(EXPENDITURE)				(14,923)	36,795
RECONCILIATION	OF FUNDS
Total funds brought	forward			125,761	88,966
TOTAL FUNDS CARRIED FORWARD				110,838	125,761

		Balance Sheet 31Dcccmbcr 2020
			31.12.20	31.12.19
			Unrcstrictcd	Total
			fund	funds
		Notes
FIXED	ASSETS
Tangible	assets		5,071	6,762
CURRENT ASSETS
Debtors			102,858	115,252
Cash at bank and in hand			15,085	10,921
			117,943	126,173
CREDITORS
Amounts	falling duc within one year		(12,176)	(7,174)
NET CURRENT ASSETS			105,767	118,999
TOTAL	ASSETSLESSCURRENT
LIABILITIES			110,838	125,761
NET ASSETS			110,838	125,761
FUNDS
Unrestricted funds:
General	fund		IIoi838	125,761
TOTAL	FUNDS		]109838	125,761

				31.12.20	31.12.19
Independent	examiners	fce		2,556	3,660
Depreciation	- owned	assets		1,691	2,254
TRUSTEES' REMUNERATION			AND BENEFITS

	The average monthly number ofem	ployees during the year was as follows:
			31.12.20	31.12.19
	Trustccs		5	5
	No employees received emoluments	in excess off60,000.
5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrcstrictcd
				fund
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies			112,550
	Charitable activities
	Principal activity			19$,0$5
	Other income			1,500
	Total			312,135
	EXPENDITURE ON
	Charitable activities
	Principal activity			258,312
	Other			17,028
	Total			275,340
	NET INCOME			36,795

5.	COMPARA	TIVES F	OR THE	STATEMENT OFFINANCIAL	ACTIVITIE	S - continued
							Unrestricted
							fund
	RECONCILIATION		OF FUNDS
	Total funds	brought	forward				88,966
	TOTAL FUNDS CARRIED FORWARD						]25,761
6.	TANGIBLE	FIXEDASSETS
					Fixtures
					and	Coinputer
					fittings	equipment	Totals
	COST
	At 1 January	2020 and	31 December 2020		2,105	9,140	II/45
	DEPRECIATION
	At ] January	2020			1,053	3,430	4,483
	Charge for year				263	],428	1,69]
	At 31 December 2020				IPI6	4,858	6,174
	NET BOOK	VALUE
	At 31December 2020				789	4/82	5,071
	At 31 December 2019				1,052	5,710	6,762
7.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
						31.12.20	3],]2.]9
	Trade debtors						6,643
	Amounts owed by participating			interests		98,713	107,359
	Other debtors					2/81
	Prepayments	and accrued income				1%764	1,250
						102,858	1]5,252

8.	CREDI	TOR	S	: AMOUNTS		FA	LLING DUE	WITHIN ONE YEAR
									31.12.20	31.12.19
	Trade creditors								7,064	3,8]5
	Accrued	expenses							5,112	3,359
									12,176	7,174
9.	MOVEMENT			IN FUNDS
									Net
									movcrncnt	At
								At 1.1.20	in funds	3].12.20
	Unrestricted		funds
	General	fund						125,761	(14,923)	110,838
	TOTAL	FUNDS						125,761	(14,923)	110,838
	Net movement			in funds, included			in the above	are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
	Unrestricted		funds
	General	fund						400,961	(415,884)	(14,923)
	TOTAL	FUNDS						400i961	(415i884)	(14,923)
	Comparativcs			for movcmcnt		in	funds
									Net
									movement	At
								At 1.1.19	in funds	31.12.19
	Unrestricted		funds
	General	fund						88,966	36,795	125,761
	TOTAL	FUNDS						88,966	36,795	125,761
	Comparative		net movement		in	funds, included		in the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
	Unrcstrictcd		funds
	General	fund						312,135	(275,340)	36,795
	TOTAL	FUNDS						312,135	(275,340)	36,795

				Net
				movement	At
			At 1.1.19	in funds	31.12.20
Unrestricted		funds
General	fund		88,966	21,872	110,838
TOTAL	FUNDS		88,966	21,872	110,838

			Incoming	Resources	Movement
			rcsourccs	expended	in funds
Unrestricted		funds
General	fund		713,096	(691,224)	21,872
TOTAL	FUNDS		713,096	(691,224)	21,872

		Job Change
		Dctailcd Statement ofFinancial Activities
		for thc Year Ended 31 December 2020
			31.12.20	31.12.19
			Unrestricted	Total
			funds	funds
INCOME AND ENDOWMENTS
Donations and Icgacics
Job Change 2007 CIC			68,000	112,550
Charitable activities
Wolverhampton City Council			311,431	198,085
Government grants			20,000
			331,431	198,085
Other income
Management charges			1,530	1,500
Total incoming rcsourccs			400,961	312,135
EXPENDITURE
Charitable activities
Wages and salaries			71,561
Training course costs			113,534	66,763
Stafftravel			549
Office and administration			2,289	8,494
Bad debts			6,550
Sundries			646	691
Computer and intcrnct			2,158	13,282
Consultancy and professional				2,264
Client expenses			141,155	136,040
Advertising and promotional			47,608	24,864
Depreciation oftangible	fixed assets		1,691	2,254
			387,741	254,652
Other
Premises expcnditurc			24,638	16,256
Bank intcrcst			949	772
			25,587	17,028
Support costs
Governance costs
Indcpcndent examiners	fee		2,556	3,660
Total resources expcndcd			415,884	275,340
Net income			(14,923)	36,795