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|||CONTENTS|CONTENTS||PAGE|
|---|---|---|---|---|---|
|Report ofthe|directors/trustees||ofthe charity||1-10|
|Independent|Examiner's|Report|||11-13|
|Statement
of Financial
expenditure
account)||Activities|(incorporating|the Income and|14|
|Balance sheet|||||15-16|
|Notes to the|financial statements|||||
||||||17-26|
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|Reference||and Administrative|and Administrative|and Administrative|Details||||
|---|---|---|---|---|---|---|---|---|
|Registered||charity name|||:|Smethwick|Youth Bt Community|Centre Limited|
|Charity registration|||number||:|1090529|||
|Company|registration|||number|:04201736||||
|Registered||office and|||||||
|Operational||address|||:Trinity Point||||
|||||||1 Trinity Street|||
|||||||Smethwick|||
|||||||West Midlands|||
|||||||B67 7AA|||
|The Directors ofthe|||Charity||||||
|he Company
during the year were as follo|ws:|
|---|---|
|Humraaj
Singh Shergill (Chairperson)||
|Jatinder Singh Basi (Director)||
|Balbir Singh Bhajam (Director)||
|Parbinder
Kaur (Director)||
|Gurpa( Singh (Director)||
|Kuldeep
Singh Deol (Director)||
|Pervinder
Kaur (Director)||
|Harjinder
Singh
Malhi
(Director)||
|Hardev Singh
Mund (Director) (Resigned|on|
|17/04/23)||
|Secretary|:Harjinder
Singh|:Harjinder
Singh|Malhi|
|---|---|---|---|
|Other co-opted members|: Chuhar|Singh Dhariwal||
|Auditors|DAS, Chartered||Accountants|
||6'"Floor|AMP House||
||Dingwall|Road||
||Croydon|||
||CRO 2LX|||
|Bankers|Sarclays|Sank Plc||
||Leicester|||
||LEB72BB|||
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||||Year|Ended|31 iviarch 2|023|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Fund|Fund|Fund|Fund|
||||||31st March|31stMarch|31st March|31stMarch|
||||||2023|2023|2023|2022|
|||||Note|E|f|f|f|
|INCOMING
RESOURCES|||||||||
|Incoming
resources
from generated|||||||||
|funds:|||||||||
||Vo(untame
income||||102,704|131,347|234,051|259,553|
||Activities for generating|funds|||138,619||138,619|136,885|
|TOTAL|INCOMING
RESOURCES||||241,323|131,347|372,670|396,438|
|RESOURCES EXPENDED|||||||||
|Charitable
Activities and Governance|||Cost|4|(276,032)|(170,460)|(446,492)|(483,349)|
|TOTAL|RESOURCES EXPENDED||||276032|170460|446492|483349)|
|NET RESOURCES EXPENDED|||||34709|39113|3.822|86911|
|TOTAL|FUNDS BROUGHT FORWARD||||||||
|AT 15TAPRIL 2022|||||(133,812)|529,391|395,579|482,490|
|Prior Year Adjustments|||||||||
|TOTAL|FUNDS AT 31STMARCH 2023||||168521|490278|321757|395579|
|RECONCILIATION
OF FUNDS|||||||||
||||||Unrestricted|Restricted|Total|Total|
||||||Fund|Fund|Fund|Fund|
||||||31st March|31st March|31st March|31stMarch|
||||||2023f|2023
E|2023
f.|2022
f|
||Total Funds Brought Forward||||(133,812)|529,391|395,579|482,490|
|Less:|Prior Year Adjustments||||||||
||Total net activity for the year||||(34,709)|(39,113)|(73,822)|(86,911)|
||Total Funds Carried forward||||168521|490278|321757|395579|
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||||Year Ended|31 lvlarch 20|23||
|---|---|---|---|---|---|---|
|||||Note|2023|2022|
||||||E|E|
|FIXEDASSETS|||||||
|Tangible Assets|||||34,810|102,794|
|CURRENT ASSETS|||||||
|Debtors fk Prepayments|||||70,111|15,949|
|Cash at Bank|Br In Hand||||218,272|279,943|
||||||288,383|295,892|
|CREDITORS:|Amounts|due within one year|||(1,436)|(3,107)|
|NET CURRENT ASSETS|||||286,947|292,785|
|CREDITORS:|Amounts|falling due after more|||||
|than one year|||||||
|NET ASSETS|||||321,757|395,579|
|FUNDED BY|||||||
|Accumulated|Unrestricted||Income funds|11|(168,521)|(133,812)|
|Accumulated|Restricted||Income funds|10|490,278|529,391|
|TOTAL|||||321,757|395,579|
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|Office Equipment|20% on Reducing|balance method.|
|---|---|---|
|Fixtures &Fittings|20%on Reducing|balance method.|
|Leasehold
Property|5%on cost||
|Improvements
to|||
|property|5%on cost||
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|2|VOLUNTARY|INCOME|INCOME||Unrestncted|Restricted|Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Fund|Fund|Fund||Fund|
||||||31st March|31st March|31st March||31st March|
||||||2023|2023|2023||2022|
||||||E|E|E|||
||Donations|||||||||
||Miscellaneous|||||||||
||GNG Nursery|Fees|||138,619||138,619||136,885|
||Grants receivable|||||||||
||BMET|||||||||
||Youth Interfaith||Club|||||||
||DWP|||||||||
||HPCL Employments|||||||||
||Welfare|||||||||
||Worker Education|||||||||
||Consortium||||88,279||88,279||84,533|
||RSA Insurance|||||||||
||Steps|||||||||
||NEF|||||||||
||ELT|||||31,192|31,192||16,263|
||Child care invest||me|||390||390|1,490|
||Booking||||||||100|
||EYPP|||||||||
||STP|||||||||
||Core Cost|||||||||
||UK Online|||||||||
||Good Things|Foundation||||6,900|6,900||2,300|
||Prior period adjustement|||—NEF/ELT||0||0||
||HMRC JRSGrant|||||||0|17,162|
||Covid Grant|||||||0|16,000|
||SYCC HAF 2023||Easter Grant||2,172||2,172||15,263|
||EYSFF|||||92,865|92,865||96,442|
||Miscellaneous|income|||12253|||53|10000|
||||||241,323|131,347|372,670||396,438|
||INCOME OF CHARITABLE ACTIVITIES BYFUND TYPE|||||||||
||||||Unrestricted|Restricted|Total||Total|
||||||Fund|Fund|Fund||Fund|
||||||31st March|31st March|31st March||31st March|
||||||2023|2023|2023||2022|
||||||E|E|E||6|
||Donations/Collections||||||||136,885|
||GNG Nursery|Fees|||138,619||138,619|||
||Employment|||||||||
||Adult Education|||||||||
||Child Education|||||31,192|31,192||16,263|
||Child care invest||me|||390|390||1,490|
||Youth|||||||||
||Health|||||||||
||Consortium||||88,279||88,279||84,533|
||Booking||||||||100|
||Pnor period adjustement|||- NEF/ELT||||||
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|HMRC JRS Grant||||17,162|
|---|---|---|---|---|
|Good Things Foundation||6,900|6,900|2,300|
|CQVID GRANT||||16,000|
|SYCC HAF 2023 Easter Grant|2,172||2,172|15,263|
|EYSFF||92,865|92,865|96,442|
|Miscellaneous
income|12,253||12,253|10,000|
||241,323|131,347|372.670|396.438|
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|GOVERNAN|CE
84 CHAR|ITABLE COST||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Total|
||||Funds||Funds|31st March|31st March|
||||2023||2023|2023|2022|
||||||f|f|f|
|Wages &.Salaries|||185,797||79,627|265,424|287,797|
|Staff pension|costs||2,855||1,224|4,079|4,439|
|Staff training||||304|150|454|1,215|
|Rent &Rates||||58|3,294|3,352|2,305|
|Insurances|||||3,647|3,647|4,462|
|Light &Heat|||||7,574|7,574|8,036|
|Cleaning &Todetries|||3,598||1,473|5,071|7,209|
|Repairs &Renewals|||1,078||906|1,984|4,183|
|Printing,
Postage lk Stationery|||||10,709|10,709|10,647|
|Advertising
&Promotion||||||||
|Telephone|||||7,675|7,675|6,413|
|Community|Engagement|Activities|||159|159|159|
|Bad debts||||185||185||
|Tuition Fees||||||||
|Professional|Charges||1,199||41,149|42,348|41,578|
|Accountancy|Fees||||3,036|3,036|3,036|
|Audit fees|||||2,304|2,304|2,304|
|Bank interest|&Charges||||103|103|270|
|Sundries|||4,|198|5,759|9,957|12,631|
|Donations|||||||4,250|
|Subscription||||717|621|1,338|2,193|
|GNG Nursery|expenses||5,627||1,050|6,677|9,385|
|Depreciation|||70,416|||70,416|70,837|
||||276032||170460|446492|483349|
##
||||
|---|---|---|
|This is stated after charging:|2023
f|2022
f|
|Deprecetion|70,416|70,837|
|Auditor's
remuneration:|||
|- audit of the financial statements|2,304|2,304|
||72,720|73,141|
##
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|Total staff costs were as follows:|2023|2022|
|---|---|---|
||f|f|
|Wages and salaries|254,543|275,916|
|Social security costs|10,881|11,881|
||265,424|287,797|
|The average nu
was as follows|mber of employees
dunng
the year, cal|culated
on the basis of full-time
|equivale|nts,||
|---|---|---|---|---|---|
|||2023||2022||
|||No||No||
|Project manager|||1||1|
|Finance officer|||1||1|
|Fundraising|||1||1|
|Charitable
activities|||18||18|
|Administration|and support||1||1|
||||22||22|
##
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|COST|Improvements|Equipment|Fixtures 8t|Leasehold|Total|
|---|---|---|---|---|---|
||to property||Flttlhgs|Property||
||E||6|6||
|1stApril 2022|122,616|53,218|160,119|1,224,713|1,560,666|
|Additions|||2,432||2,432|
|As at 31st March 2023|122,616|53,218|162,551|1,224,713|1,563,098|
|DEPRECIATION||||||
|1st April 2022|94,940|49,351|150,102|1,163,479|1,457,872|
|Charge for the year|6,130|773|2,280|61,233|70,416|
|As at 31stMarch 2023|101,070|50,124|152,382|1,224,712|1.528,288|
|Net BookValue||||||
|1st April 2022|27,676|3,867|10,017|61,234|102,794|
|1stApril 2023|21 546|3004|10165|1|34010|
##
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|||||2023|2022|
|---|---|---|---|---|---|
|||||E|E|
|Trade debtors||||13,115|13,115|
|Sandwell
Metropolitan||Borough Council|||8|
|Furlough
Grant||||||
|Prepayments||||1,996|2,649|
|Other debtors|(Lyreco)||||77|
|Other debtors|(Midshire|Communications|Limited)||100|
|Gurunanak
Gurudwara||Loan||40,000||
|Utility Prepayment||||15,000||
|||||70,111|15,949|
|CREDITORS: Amounts||falling due within|one year|||
|||||2023|2022|
|||||E|E|
|Trade creditors||||||
|Taxation and social security||||570|2,329|
|Other creditors||||||
|Accrued expense||||||
|Pension contributions||||866|778|
|||||1,436|3,107|
##
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|10|ACCUMULAT|ED|R|ESTRIC||TED INCOM|E FUNDS||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|Bal b/fd|Income|Outgoing|Balance at|
||||||||1stApril|Resources|Resources|31stMarch|
||||||||2022|||2023|
||Restricted
Funds:||||||||||
||SYCC Building|works|||||(967,414)||170,460|(1,137,874)|
||Core||||||4,500|||4,500|
||UK Online||||||215,403|||215,403|
||Child care invest||me||||37,412|390||37,802|
||Youth Interfaith||Club||||6,900|||6,900|
||Steps||||||62,965|||62,965|
||PAYP||||||9,576|||9,576|
||Baron||||||800|||800|
||Edwards||||||1,000|||1,000|
||DWP||||||13,520|||13,520|
||HPCL Employments||||||12,000|||12,000|
||GNG Welfare||||||24,000|||24,000|
||Worker Education||||||1,490|||1,490|
||Mids hire||||||3,581|||3,581|
||NEF||||||633,048|||633,048|
||ELT||||||297,499|31,192||328,691|
||Sports||||||7,715|||7,715|
||Good Things|Foundation|||||20,175|6,900||27,075|
||EYSFF||||||162,344|92,865||255,209|
||Prior period adjustement||||-|NEF/ELT|(17,124)|0||(17,124)|
||Total Restricted||Funds||||529,391|131,347|170,460|490,278|
|11|ACCUMULATED||UNRESTRICTED INCOME FUNDS||||||||
||||||||Bal b/fd|Income|Outgoing|Balance at|
||||||||1stApril|Resources|Resources|31st March|
||||||||2022|||2023|
||5RB4||||||798|||798|
||SR86||||||(17,289)|||(17,289)|
||SRB6e||||||10,750|||10,750|
||IAG||||||44,514|||44,514|
||AXA||||||(1,580)|||(1,580)|
||HMRC online|filing||income|||250|||250|
||Childrens
Fund||||||153|||153|
||Dudley College||||||91,911|||91,911|
||South Birmingham|||College|||7,250|||7,250|
||Other Unrestricted|||Income|||20,204|||20,204|
||SYCC Income||||||2,699|||2,699|
||Private Tution||||||3,124|||3,124|
##
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|IDS-Donation||||6,688|||6,688|
|---|---|---|---|---|---|---|---|
|GNG Income|- Nursery|||(1,293,184)|138,619|276,032|(1,430,597)|
|Birmingham|Chamber||ofCommerce|1,425|||1,425|
|CBrC||||13,599|||13,599|
|Computer||||405|||405|
|Room Hire||||2,442|||2,442|
|IFA||||4,975|||4,975|
|Donation||||4,915|||4,915|
|Citizen||||3,139|||3,139|
|DAF2 Training||||10,873|||10,873|
|Digital||||2,000|||2,000|
|BuddyUp||||18,000|||18,000|
|NLDC2||||3,764|||3,764|
|NLDC3||||5,647|||5,647|
|Sandwell
College||||17,302|||17,302|
|WNF3||||189,560|||189,560|
|WNF
RBrD||||13,500|||13,500|
|WNF4 ESOL|Phase1|||4,014|||4,014|
|WNF4 ESOL|Phase2|||12,124|||12,124|
|PAYP||||7,542|||7,542|
|Calibre||||1,076|||1,076|
|5FVYO||||1,500|||1,500|
|WNF EMP||||8,746|||8,746|
|Big Lottery -|Advice|Services Fund||57,500|||57,500|
|BMET||||3,440|||3,440|
|Consortium||||430,787|88,279||519,066|
|SCOLL||||2,400|||2,400|
|STP||||4,667|||4,667|
|Booking||||650|||650|
|HMRC JRS Grant||||76,395|||76,395|
|Covid Grant||||62,249|0||62,249|
|The Winston|Churchill||Fellowship|10,000|12,253||22,253|
|Vision Grant-SCVO||||15,263|2,172||17,435|
|Total Unrestricted||Funds||(133,812)|241,323|276,032|(168,521)|
|TotalFunds||||395579|372.670|446492|321,757|
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