| CONTENTS | PAGE | |
|---|---|---|
| Members ofthe Board and professional | advisers | |
| Trustees Annual Report |
2&3 | |
| Accountants Report |
||
| Profit and loss Account | ||
| Balance Sheet | ||
| Notes to the financial statements | 7-9 |
| Detailed | Income and Expenditure | Account | 10 |
|---|---|---|---|
| Schedule | of Funding | 11 |
| Registered | charity name | charity name | Willenhall Community |
Willenhall Community |
Health and Resource Training |
|---|---|---|---|---|---|
| Trust Company | Limied | ||||
| Charity number | 1083323 | ||||
| Company | registration | number | 4096890 | ||
| Registered | Office | Willenhall Community |
&Youth Foundation | ||
| 19Gomer Street | |||||
| Willenhall | |||||
| West Midlands | |||||
| WV13 2NS | |||||
| Trustees | Mrs D Coughlan | ||||
| Mr W Palmer | |||||
| MsJCooper | |||||
| Mr R Singh | |||||
| Mr AWood | |||||
| MrSF Rollason | |||||
| Rev R Wilshire | |||||
| Chairperson | Mrs D Coughlan | ||||
| Vice Chairperson | Mr AWood | ||||
| Treasurer | Mr W Palmer | ||||
| Secretary | Rev RWilshire | ||||
| Accountants: | Scordis &Co. | ||||
| 5 Upper Lichfield Street | |||||
| Willenhall | |||||
| West Midlands | |||||
| WV13 1PS |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Turnover | 206,148 | 216,245 | ||||
| Cost ofsales | -1,740 | -1,804 | ||||
| Gross profit | 204,408 | 214,441 | ||||
| Administrative | expenses | -167,626 | -156,616 | |||
| Operating | profit | 36,782 | 57,825 | |||
| Other income | - Employers | Allowance | 1,990 | 2,689 | ||
| Bank interest | receivable | 1,086 | 0 | |||
| Gardending | refund | 0 | 330 | |||
| Rates rebate | 0 | 4,000 | ||||
| Profit on | ordinary activities before taxation |
39,858 | 64,844 | |||
| Retained | profit forthe year | 39,858 | 64,844 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| FIXEDASSETS | ||||
| Tangible assets | 35,710 | 36,244 | ||
| CURRENT ASSETS | ||||
| Debtors | 2,280 | 3,988 | ||
| Cash at bank and in hand | 102,663 | 241,791 | ||
| Cash at Nationwide | 181,086 | 0 | ||
| 286,029 | 245,779 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
-4,186 | -4,327 | ||
| NET CURRENT ASSETS/(LIABILITIES) | 281,843 | 241,452 | ||
| TOTAL ASSETS LESSCURRENT | ||||
| LIABILITIES | 317,553 | 277,696 | ||
| NET ASSETS | 317,553 | 277,696 | ||
| FUNDS | ||||
| Restricted income funds | 13,100 | 13,100 | ||
| Unrestricted income funds |
304,453 | 264,596 | ||
| TOTAL FUNDS | 317,553 | 277,696 |
| CREDITORS: amounts falling due within one y |
ear | |
|---|---|---|
| 2023 | 2022 | |
| F | F | |
| Taxation and social security | 828 | 966 |
| Other creditors | 3,358 | 3,361 |
| 4,186 | 4,327 |
| 2023 f |
f | 2022 f |
f. | |
|---|---|---|---|---|
| INCOME | ||||
| Sports and Fitness Class Fees | 5,420 | 4,052 | ||
| Room Hire &Cateding | 117,138 | 104,309 | ||
| Photocopies | 151 | 117 | ||
| Funding | 83,439 | 105,293 | ||
| HMRC JRSGrant | 0 | 2,474 | ||
| Total Income | 206,148 | 216,245 | ||
| Employers Allowance |
1,990 | 2,689 | ||
| Expenses: | ||||
| Catering costs | 1,740 | 1,804 | ||
| Administration costs |
1,740 | 1,804 | ||
| Water and Insurance | 10,134 | 7,731 | ||
| Light and heat | 14,202 | 12,779 | ||
| Salaries, Wages & NIC | 72,425 | 80,831 | ||
| Sub-Contract costs | 527 | 0 | ||
| Audit &Accountancy fees | 42 | 960 | ||
| Telephone, stationery 8 postages |
1,383 | 1,400 | ||
| Repairs and renewals | 4,062 | 5,459 | ||
| Alarm Monitoring |
336 | 336 | ||
| Lease of Equipment | 480 | 480 | ||
| Cleaning and refuse |
3,199 | 3,556 | ||
| Bank charges | 353 | 89 | ||
| Office expenses | 947 | 2,943 | ||
| N/Hood Natters |
0 | 753 | ||
| Various Projects | 53,234 | 32,975 | ||
| Depreciation of Fixed Assets |
6,302 | 6,324 | ||
| 167,626 | 156,616 | |||
| Operating Loss/Profit |
38,772 | 60,514 | ||
| Bank interest received | 1,086 | 0 | ||
| Gardening Refund |
0 | 330 | ||
| Rates rebate | 0 | 4,000 | ||
| Net Deficit/Surplus | 39,858 | 64,844 |
| WMBC - Building Management | WMBC - Building Management | 10,000 |
|---|---|---|
| WMBC - Community | Development | 11,000 |
| WMBC - HAF | 24,714 | |
| WMBC - Housing | 18,250 | |
| WMBC - Resetting WMBC - Jubilee |
8,865 250 |
|
| WMBC - 2040 WMBC - Utilities WMBC - Kitchen Heart of England |
1,418 1,000 1,500 1,742 |
|
| Roger & Douglas Asda Foundation |
3,000 1,700 |
|
| TOTAL FUNDING | 83,439 |