2021-03-31-accounts - Sandwell African Caribbean Mental Health Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Report ofthe Trustees		1	to	7
Report ofthe Independent Auditors		8	to	10
Statement of Financial	Activities
Balance Sheet
Notes to the Financial	Statements	13	to	19
Detailed Statement of	Financial Activities		20

SUPPORT COSTS
			Governance
		Other	costs	Totais
Support costs		80,949	2 313	83,262
Support costs, included	in the above, are as follows:
Other
			2021	2020
			Support	Total
			costs	activities
Rent and rates Insurance Light and heat Telephone Postage and stationery Advertising Sundries Repairs Travel and subsistence ONce costs Training Volunteer expenses Computer and IT Legal and professional Depreciation oftangible	and heritage assets		9,707 1,133 6,585 9,785 2,209 2,524 595 7,858 540 6,546 218 1,015 14,525 16,713 996	1,022 5,970 3,024 2,375 1,653 1,736 10,954 2,257 3,636 4,506 3,711 13,699 16,153
			80,949	70,696
Governance costs
			2021	2020
			Support	Total
			costs	activities
Accountancy and legal fees			E 2.313	E 2,313
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
			2021f	2020
Depreciation - owned assets Auditors remuneration Independent examination			996 2,300	605 2,300

STAFF COSTS
					2021	2020
					E	F
Wages and salaries					180,102	159,801
					180,102	159,801
The average monthly	number of	employees		during the year was as follows:
					2021	2020
Staff					9	7
No employees received emoluments			in excess off60,000.
During the financial year total remuneration				of644,635(2020:f42,414)was paid to key management		personnel.
COMPARATIVES FOR THE STATEMENT				OF FlNANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
				E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				3,935	260,381	26'i,316
Investment income
Total				3,949	260,381	264,330
EXPENDITURE ON
Raising funds					7,796	7,796
Charitable activities
Staff Costs					159,801	159,801
Support costs					73,614	73,614
Total					241,211	241,211
NET INCOME				3,949	19,170	23,119
RECONCILIATION OF FUNDS
Total funds brought	forward			30,606		30,606
TOTAL FUNDS CARRIED FORNARD				34,555	19,170	53,725

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
Donations
General donations
Grants
Sandwell MBC Sandwell MBCIT Sandwell MBC Prior year reclassification National l ottery - building futures Henry Smith National Lottery - Covid 19response Grants C0B Oak Foundation Other income Client income	135,460 62,889 64,000 1,272 7,250	3,711 58,332 37,433 29,001 14,375	135,460 3,711 62,889 58,332 37,433 29,001 14,375 64,000 1,272 7,250
	270871	~142 52	412 723
	Unrestricted	Restricted	Total Funds
	Funds	funds	2020
Donations
General donations	1,696		1,696
Grants
Sandwell MBC Sandwell MBC - IT National Lottery - building futures Sandwell 8 West Bham CCG Contracts IBCF	135,460	3,303 52,884 43,205 13,062	135,460 3,303 52,884 43,205 13,062
Henry Smith Other income Client income	1,219 1,020	12,467	12,467 1,219 1,020
	139395	~1249 1	2~4316

							Fixtures
							arid
							fittings
COST
At 1April 2020 Additions							37,281
							94
At 31March 2021							37,375
DEPRECIATION
At 1 April 2020 Charge for year							34,861 996
At 31March 2021							35,857
NET BOOK VALUE
At 31 March 2021							1,518
At 31March 2020
							2,420
DEBTORS:AMOUNTS	FALLING	DUE WITHIN ONE YEAR
						2021	2020
Trade debtors Prepayments						2,000 792	f 180 661
						2,792	841
CREDITORSl AMOUNTS FAi.LING DUE WITHIN ONE			YEAR
						2021	2020
Trade creditors Social security and other Other creditors Accrued expenses Grants paid in advance	taxes					2,933 3,731 '969 2,300 20,000	f 2,485 3.227 1,045 2,660 85,766
						29,933	95,183
Grants paid in advance represent the amounts of grants grounds that they are performance-related grants and the future periods, or as a result ofother restdctions imposed.			received relevant	which are services or	deferred outputs	to future will not be	periods on t delivered un
MOVEMENT IN FUNDS
						Net
Unrestricted funds				At 1.%.20 f	movement in funds		At 31.3.21 f
General fund				34,555		86,391	120,946
Restricted funds
Restricted				19,170	63,968		83,138
TOTAL FUNDS				53,725	150,359		204,084

Net movement in fu	nds, includ	ed	in th	e a	bove a	re a	s follows:
								Incoming	Resources	Movement
								resources	expended	in funds
									f.	E.
Unrestricted funds General fund								270,871	(184,480)	86,391
Restricted funds Restr icted								142,852	(78,884)	63,968
TOTAL FUNDS								413,723	(263,364)	150,359
Comparatives for movement			in funds
									Net
									movement	At
								At 1.4.19	in funds	31.3.20
Unrestricted funds General fund								30,606	3,949	34,555
Restricted funds Restricted									19,170	19,170
TOTAL FUNDS								30,606	23,119	53,725
Comparative net movement		in	funds,	included		in the above are as foilows:
								Incoming	Resources	Movement
								resources	expended	in funds
								E
Unrestricted funds
General fund
Restricted funds Restricted								260,381	(241,211)	19,170
TOTAL FUNDS								264,330	(241,211)	23,119
Details regarding	the above	movements			in relation		to 2021 are as shown below:
			Balance at 01.04.20				Inmme	~Ex enditure	Transfer	Balance at 31.03.21
6eneral Fund:				34,555			270,871	(184,480)		86,39l
				~4555			27 871	18448
Restricted Funds: Sandwell MBC IT					3,304		3,711			7,015
National Lottery - Building Futures				14,121			58,332	(32,607)		39,846