| WARLEY WOODS COMMUNITY TRUST LIMITED | WARLEY WOODS COMMUNITY TRUST LIMITED | WARLEY WOODS COMMUNITY TRUST LIMITED | WARLEY WOODS COMMUNITY TRUST LIMITED | WARLEY WOODS COMMUNITY TRUST LIMITED | ||
|---|---|---|---|---|---|---|
| (A company | limited | by guarantee) | ||||
| REFERENCE AND | ADMINISTRATIVE | DETAILS | OF THE CHARITY, ITSTRUSTEES AND ADVISERS | |||
| FOR THE YEAR ENDED | 31 MARCH 2023 | |||||
| Trustees | Steven Eling, Chair | |||||
| Katherine Slade | ||||||
| Alan Reynolds | ||||||
| Elizabeth Coleman |
||||||
| Arthur Ward | ||||||
| Barbara Platts | ||||||
| Christopher Ashford |
||||||
| David Read | ||||||
| Patricia Marsh | ||||||
| Michael Talbot | ||||||
| Lisa Burrows | ||||||
| John Newman | ||||||
| Lynda Wagstaff | ||||||
| Clive Heywood | (appointed | 15October 2022) | ||||
| Company | registered | |||||
| number | 04214547 | |||||
| Charity registered | ||||||
| number | 1092754 | |||||
| Registered | office | The Pavilion | ||||
| I ightwoods Hill |
||||||
| Smethwick | ||||||
| West Midlands | ||||||
| B675ED | ||||||
| Company | secretary | Michael Talbot | ||||
| Accountants | Crows U.K. LLP | |||||
| Chartered Accountants |
||||||
| Black Country House | ||||||
| Rounds Green | Road | |||||
| Oldbury | ||||||
| West Midlands | ||||||
| B692DG | ||||||
| Bankers | Unity Trust Bank | |||||
| Birmingham | ||||||
| B12HB |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2023 6 |
2023f | 2023 6 |
2022 5 |
|
| Income from: | |||||
| Donations and legacies |
196,001 | 10,255 | 206,256 | 212,442 | |
| Charitable activities |
186,419 | 186,419 | 214,455 | ||
| Other trading activities |
44,630 | 44,630 | 42,532 | ||
| Investments | 5,298 | 5,298 | 1,174 | ||
| Total income | 432,348 | 10,255 | 442,603 | 470,703 | |
| Expenditure on: |
|||||
| Raising funds | 21,065 | 21,065 | 16,125 | ||
| Charitable activities |
5 | 402,392 | 44,387 | 446,779 | 368,707 |
| Total expenditure | 423,457 | 44,387 | 467,844 | 384,832 | |
| Net movement in funds |
8,891 | (34,132) | (25,241) | 85,871 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward | 425,431 | 41,472 | 466,903 | 381,032 | |
| Net movement in funds |
8,891 | (34,132) | (25,241) | 85,871 | |
| Total funds carried forward | 434,322 | 7,340 | 441,662 | 466,903 |
| BALANCE SHEET | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31 MARCH 2023 | ||||||
| 2023 | 2022 | |||||
| Note | 8 | |||||
| Fixed assets | ||||||
| Tangible assets | 47,338 | 37,842 | ||||
| Current assets | ||||||
| Stocks | 10 | 4,209 | 7,749 | |||
| Debtors | 11 | 32,681 | 61,101 | |||
| Cash at bank and | in hand | 386,086 | 393,497 | |||
| 422,976 | 452,347 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 12 | (28,652) | (33,286) | |||
| Net current assets | 394,324 | 429,061 | ||||
| Total net assets | 441,662 | 466,903 | ||||
| Charity funds | ||||||
| Restricted funds |
13 | 7,340 | 41,472 | |||
| Unrestricted funds |
13 | 434,322 | 425,43'I | |||
| Total funds | 441,662 | 465,903 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| K | 8 | |||
| Grants | ||||
| Sandwell | MBC | 72,488 | 72,488 | |
| Other | 32,272 | 3,005 | 35,277 | |
| Subtotal | 104,760 | 3,005 | 107,765 | |
| Donations | 88,470 | 88,470 | ||
| Legacies | 10,021 | 10,021 | ||
| Total 2023 | 196,001 | 10,255 | 206,256 | |
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022f | 2022 | ||
| Grants | ||||
| Sandwell | MBC | 72,488 | 72,488 | |
| Other | 11,316 | 16,840 | 28,156 | |
| COVID-19 grants | ||||
| Business | Grant | 597 | 597 | |
| Subtotal | 84,401 | 16,840 | 101,241 | |
| Donations | 87,201 | 87,201 | ||
| Legacies | 24,000 | 24,000 | ||
| Total 2022 | 195,602 | 16,840 | 212,442 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2023 | 2023 | |||||
| F | E | |||||
| Golf | and | green | fee | income | 186,419 | 188,419 |
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2022 | 2022 | |||||
| 6 | ||||||
| Golf | and | green | fee | income | 214,455 | 214,455 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | ||
| 2023 | 2023 | 2023 | ||
| 6 | K | 6 | ||
| Charitable | Activities | 402,392 | 44,387 | 446,779 |
| Unrestricted | Restricted | |||
| funds | funds | Total | ||
| 2022 | 2022 | 2022 | ||
| Charitable | Activities | 308,158 | 62,549 | 368,707 |
| Actnntres | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2023 | 2023 | 2023 | ||
| 6 | ||||
| Charitable | Activities | 385,094 | 61,685 | 446,779 |
| Activities | ||||
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2022 | 2022 | 2022f | ||
| Charitable | Activities | 318,872 | 49,835 | 368,707 |
| Analysis | ofdirect costs |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023 6 |
2022f | ||
| Staff costs | 230,368 | 215,979 | |
| Property and accomodation | 9,708 | 6,712 | |
| Shop stock | 5,143 | 3,695 | |
| Site maintenance | and upkeep | 111,326 | 59,527 |
| Other projects | 22,562 | 31,291 | |
| Direct support costs | 5,987 | 1,668 | |
| 385,094 | 318,872 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2023f | 2022 E |
|||||
| Depreciation | 10,688 | 8,768 | ||||
| Recruitment | and training | 1,371 | 423 | |||
| Insurance | 7,689 | 5,930 | ||||
| Finance | 5,267 | 6,824 | ||||
| Office costs | 31,476 | 21,362 | ||||
| Independent | examination | 4,186 | 4,056 | |||
| Volunteer expenses | 1,008 | 1,472 | ||||
| 61,685 | 49,835 | |||||
| Staffcosts | ||||||
| 2023 | 2022 | |||||
| 6 | ||||||
| Wages and | salaries | 210,035 | 197,946 | |||
| Social security costs | 11,338 | 9,764 | ||||
| Contribution | to defined | contribution | pension | schemes | 8,995 | 8,269 |
| 230,368 | 215,979 | |||||
| The average | number | of persons employed | by the charity during the year was as follows: | |||
| 2023 | 2022 | |||||
| No. | No. | |||||
| Employees | 14 | 15 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | |||
| Due within one year | |||
| Other debtors | 22,545 | 17,481 | |
| Prepayments | and accrued income | 10,136 | 43,620 |
| 32,681 | 51,101 |
| 2023 | 2022 | ||
|---|---|---|---|
| 5 | |||
| Trade creditors | 9,863 | 13,552 | |
| Other taxation and social security | 4,879 | 7,425 | |
| Other creditors | 9,300 | 8,058 | |
| Accruals and deferred | income | 4,610 | 4,251 |
| 28,652 | 33,286 |
| Statement offunds | - curren | t year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 31 March | ||||
| Apdl 2022 | Income | Expenditure | in/out | 2023 | ||
| 6 | 6 | 6 | 6 | |||
| Unrestdcted funds |
||||||
| Designated funds |
||||||
| New building development |
35,000 | (1,898) | (7,000) | 26,102 | ||
| Uninsured risks/capital |
||||||
| equipment replacement |
100,000 | (10,000) | 90,000 | |||
| Park development | 23,000 | 10,000 | 33,000 | |||
| 158,000 | 10,000 | (1,898) | (17,000) | 149,102 | ||
| General funds | ||||||
| General Funds | 267,431 | 422,348 | (421,559) | 17,000 | 285,220 | |
| Total Unrestricted | funds | 425,431 | 432,348 | (423,457) | 434,322 | |
| Restricted funds | ||||||
| Golf | 90 | 90 | ||||
| Community projects |
570 | (570) | ||||
| Wild Warley | 40,812 | 3,005 | (43,817) | |||
| Community developments |
7,250 | 7,250 | ||||
| 41,472 | 10,255 | (44,387) | 7,340 | |||
| Total offunds | 466,903 | 442,603 | (467,844) | 441,662 |
| Statement offunds | - prior y | ear | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31March | ||||
| 1April 2021 | Income | Expenditure | infout | 2022 | ||
| E | 6 | 6 | ||||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| New building development |
35,000 | 35000 | ||||
| Uninsured risks/capital |
||||||
| equipment replacement |
100,000 | 100,000 | ||||
| Park development | 23,000 | 23,000 | ||||
| 158,000 | 158,000 | |||||
| General funds | ||||||
| General Funds | 294,435 | 453,863 | (322,867) | (158,000) | 267,431 | |
| Total Unrestricted | funds | 294,435 | 453,863 | (322,867) | 425,431 | |
| Restricted funds | ||||||
| Golf | 90 | 90 | ||||
| Community projects |
6,133 | 16,840 | (22,403) | 570 | ||
| Park improvements | 8,739 | (8,739) | ||||
| Wild Warley | 71,635 | (30,823) | 40,812 | |||
| 86,597 | 16,840 | (61,965) | 41,472 | |||
| Total offunds | 381,032 | 470,703 | (384,832) | 466,903 |
| Summary | offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | 31 March | ||||
| April 2022 | Income | Expenditure | in/out | 2023 | ||
| 8 | 6 | K | ||||
| Designated | funds | 158,000 | 10,000 | (1,898) | (17,000) | 149,102 |
| General funds | 267,431 | 422,348 | (421,559) | 17,000 | 285,220 | |
| Restricted | funds | 41,472 | 10,255 | (44,387) | 7,340 | |
| 466,903 | 442,603 | (467,844) | 441,662 |
| Summary | offunds - prio | r year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | 31March | ||||
| 1April 2021 | Income | Expenditure | inlout | 2022 | ||
| E | 6 | |||||
| Designated | funds | 158,000 | 158,000 | |||
| General funds | 294,435 | 453,863 | (322867) | (158,000) | 267,431 | |
| Restricted | funds | 86,597 | 16,840 | (61,965) | 41,472 | |
| 381,032 | 470,703 | (384,832) | 466,903 |
| Analysis of net assets between funds - cur | rent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| 6 | 8 | 8 | |
| Tangible fixed assets | 47,338 | 47,338 | |
| Current assets | 415,636 | 7,340 | 422,976 |
| Creditors due within one year | (28,652) | (28,652) | |
| Total | 434,322 | 7,340 | 441,662 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022f | 2022 | 2022 | ||
| Tangible | fixed assets | 37,842 | 37,842 | |
| Current | assets | 420,875 | 41,472 | 462,347 |
| Creditors | due within one year | (33,286) | (33,286) | |
| Total | 425,431 | 41,472 | 466,903 |
| 2023 | 2023 | 2022 | 2022 | |||
|---|---|---|---|---|---|---|
| 6 | F | |||||
| Income | ||||||
| Grant received |
107,765 | 100,544 | ||||
| Donations received |
69,146 | 71,362 | ||||
| GiR aid - tax recoverable | 19,324 | 15,839 | ||||
| Miscellaneous income |
978 | 420 | ||||
| Fundraising activities |
43,652 | 42,212 | ||||
| Golf income | 186,419 | 214,455 | ||||
| Bank interest | 5,297 | 1,174 | ||||
| Coronavirus government |
support | 597 | ||||
| Lottery grant coronavirus | support | |||||
| Legacy | 10,022 | 24,000 | ||||
| Gross income in the reporting | period | 443603 | 470 703 | |||
| Less: Expenditure | ||||||
| Staff costs | 230,368 | 215,979 | ||||
| Recruitment and training |
1,371 | 423 | ||||
| Park improvements | 11,860 | 16,634 | ||||
| Park maintenance (incl |
essential | safety tree works) | 56,355 | 5,478 | ||
| Golf course materials | 10,240 | 9,482 | ||||
| Golf shop supplies | 4,593 | 3,400 | ||||
| Events | 5,987 | 1,680 | ||||
| Golf buggies | 550 | 295 | ||||
| Golf course maintenance | 7,102 | 2,675 | ||||
| Community projects |
2,214 | 17,720 | ||||
| Golf projects | ||||||
| Outdoor room projects |
57 | |||||
| New Building projects | 1,898 | 1,375 | ||||
| CRM support | 5,352 | 4,042 | ||||
| Wild Warley | 16,797 | 11,560 | ||||
| Fundraising supplies |
21,009 | 16,519 | ||||
| Website support | 6,127 | 2,772 | ||||
| Volunteer expenses | 1,008 | 1,472 | ||||
| Security charges | 390 | |||||
| Insurance | 7,689 | 6,930 | ||||
| Water rates | 2,651 | 1,523 | ||||
| Light/heat | 7,057 | 4,799 |
| 2023 | 2023 | 2022 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 6 | 6 | ||||||
| Repaim and renewals | 25,769 | 25,258 | |||||
| Telephone | 1,222 | 1,146 | |||||
| Advertising/promotion | 2,094 | 2,103 | |||||
| Postage and stationery | 2,902 | 3,920 | |||||
| Health and safety | 1,010 | 559 | |||||
| Sundry | 2,033 | 1,745 | |||||
| Depreciation | 10,688 | 8,768 | |||||
| Independent examination |
4,186 | 4,056 | |||||
| Accountancy | 3,802 | 2,554 | |||||
| ITsupport | |||||||
| Legal and professional | fees | 424 | 1,258 | ||||
| Bank charges and interest | 4,843 | 5,556 | |||||
| Partial exemption VAT |
disallowed | 8,643 | 4,544 | ||||
| Profit on sale of fixed asset | (1,950) | ||||||
| 467,844 | 384,832 | ||||||
| Total expenditure | 467,844 | 384,832 | |||||
| Net income for the reporting | period | ~25,241 | 85,871 | ||||
| Surplus/deficit for the |
reporting | period | (25,241) | 85,871 | |||
| Funds brought forward at 1 | April | 466,903 | 381,032 | ||||
| Funds carried forward | at 31 | INarch | 451 662 | 466 222 |