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|1||||Legal and administrative information|
|---|---|---|---|---|
|2|-||4|Report of the directors|
|S|-||7|Report ofthe independent auditors|
|B||||Statement of financial activities|
|9||||Balance sheet|
|10||||Statement of cash flows|
|11||-|17|Notes and accounting policies|





|Incorporation:|Company limited by guarantee on 30 July 2002|
|---|---|
|Company number:|4499211|
|Charity registration:|1095879 (registered on 7 February 2003)|
|Governing body:|Board ofdirectors (as disclosed on page 2)|
|Registered office:|All Saints Church Parish Office|
||Vicarage Road|
||Kings Heath|
||Birmingham|
||B14 7RA|
|Auditors:|Messrs Malcolm Willcox & Co|
||Chartered CertifiedAccountants|
||Hagley House|
||93 Hagley Road|
||Edgbaston|
||Birmingham|
||BiG 8LA|
|Bankers:|Unity Trust Bank plc|
||Nine Brindley Place|
||4 Oozells Square|
||Birmingham|
||Bi 2HB|
|Solicitors:|K J Conroy & Co Ltd|
||30 Ludgate Hill|
||Birmingham|
||B3 1EH|





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|||Designated||||||
|---|---|---|---|---|---|---|---|
|||Fund||||||
|||Capital|Restricted|Unrestricted||2022|2021|
|||Development|Funds||Funds|Total|Total|
||Notes|£|£||£|£|£|
|INCOME||||||||
|Covid grants||-|-||-|-|11,737|
|Grants and donations||-|348||6,943|7,291|5,797|
|Rent, service charges and||||||||
|room hire income||-|-||297,219|297,219|250,156|
|Investment income||-|-||80|80|152|
|Miscellaneous income||-|-||908|908|1,047|
|Total income||-|348||305,150|30S,498|268,889|
|EXPENDITURE|(2)|||||||
|Charitable activities||-|( 18506)|(308,485)||(326,991)|(279,369)|
|Net expenditure|(3)|-|( 18,158)|(|3,335)|( 21,493)|( 10,480)|
|Balances brought forward||100,000|762,001|1,545,470||2,407,471|2,417,951|
|Funds carried forward||100,000|743,843|1,542,135||2,385,978|2,407,471|





## 

|BALANCE SHEET<br>31 MARCH 2022||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2022|||2021||
||||Notes|£||£|£||£|
|TANGIBLE FIXED ASSETS|||(S )|||3,680,821|||3,781,391|
|CURRENT ASSETS||||||||||
|Debtors|||(6)|50,298|||36,966|||
|Cash at bank and in|hand|||163,296|||235,287|||
|||||213,594|||272,253|||
|CREDITORS -falling|due within one year:|||||||||
|Operatingcreditors||||3,096|||10,907|||
|Othercreditors and|accrued expenses|||70,930|||73,462|||
|Bank loan (secured)|||(7)|50,100|||66,063|||
|Other loans|||(8)|41,227|||52,058|||
|Value added tax||||12,541|||15,233|||
|Deferred income||||7,300|||7,300|||
|||||185,194|||225,023|||
|NET CURRENT ASSETS||||||28,400|||47,230|
|||||||3,709,221|||3,828,621|
|CREDITORS -falling|due afterone year:|||||||||
|Bank loan (secured)|||(7)|964,307|||1,024,833|||
|Other loans|||(8)|358,936|||396,317|||
|||||||(1,323,243)|||(1,421,150)|
|||||||2,385,978|||2,407,471|
|Represented by||||||||||
|ACCUMULATED FUNDS||||||||||
|Community— Unrestricted fund|||(9)|||1,542,135|||1,545,470|
|Big Lottery<br>— Restricted fund|||(9)|||721,167|||739,673|
|Kings Heath 1000—|Restricted fund||(9)|||15,376|||15,028|
|Sustainability grant|—|Restricted fund|(9)|||7,300|||7,300|
|Capital development||— Designated fund|(9)|||100,000|||100,000|
|||||||2,385,978|||2,407,471|





## 

|STATEMENT OF CASH FLOWS<br>YEAR ENDED 31 MARCH 2022|||||||
|---|---|---|---|---|---|---|
||||2022|||2021|
||||£|||£|
|Net cash inflow from operating activities|||96,806||168,614||
|Cash flow from investing activities|||||||
|Acquisition oftangible fixed assets||(|2,875)|||-|
|Interest received|||80|||152|
|Net cash flow from investing activities||(|2,795)|||152|
|Cash flaw from financing activities|||||||
|Repayment of loans<br>Interest paid|(1,163,451)<br>(<br>41,301)|||(<br>(|113,839)<br>31,230)||
|New loan received||1,038,750||||-|
|Net cash flow from financing activities|(|166,002)||(|145,069)||
|Decrease/increase in cash at bank|(||71,991)|||23,697|
|Cash at bank and in hand at 1 April 2021||235,287|||211,590||
|Cash at bank and in hand at 31 March 2022||163,296|||235,287||
|Bank deposit accounts||120,114|||153,351||
|Bank current account|||43,090|||81,763|
|Cash in hand|||92|||173|
||||163,296||235,287||
|Reconciliation of net expenditure to net|||||||
|cash inflow from operating activities|||||||
|Net expenditure||(|21,493)||(|10,480)|
|Depreciation charges|||103,445|||104,862|
|Increase/decrease in debtors||(|13,332)|||26,731|
|Decrease/increase in creditors||(|13,035)|||16,423|
|Investment income||(|80)||(|152)|
|Interest payable|||41,301|||31,230|
|Net cash inflow from operating activities|||96,806|||168,614|





## 

|The annual depreciation rates are:||||
|---|---|---|---|
|Long leasehold property|-|2%|straight-line|
|Computer equipment|-|33.3%|reducing balance|
|Furniture and equipment|-|20%|reducing balance|
|Kitchen and catering equipment|-|20%|reducing balance|
|Storage units|-|20%|reducing balance|





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|YEAR|<br>- u<br> ENDED 31 MARCH 2022||||
|---|---|---|---|---|
||||2022|2021|
||||£|£|
|2|EXPENDITURE||||
||Staff costs:||||
||Salaries and wages||6,144|2,676|
||National insurance||508|3|
||Pension contributions||132|-|
||||6,784|2679|
||Otheroverheads:||||
||Legal and professional fees||20,738|93|
||Accounting services||4,090|3,780|
||Administration assistance||9,070|7,980|
||Audit fee||6,000|6,100|
||Printing, stationery and computerconsumables||1,874|897|
||Telephone and postage||4,286|3,715|
||Sundries and cleaning||8,881|6,713|
||Depreciation||84,939|86,272|
||Repairs and consumables||63,915|63,906|
||Market and hire costs||705|520|
||Rates and insurance||13,448|15,025|
||Bank and other interest||41,301|31,230|
||Bank charges||266|201|
||Heat and light||35,335|26,674|
||Bad debts recovered|(|646)|821|
||Advertising and marketing||-|182|
||Equipment leasing||7,499|3,991|
||||301,701|258,100|
||Total unrestricted funds expenditure||308,485|260,779|
||Restricted fund expenditure:||||
||Depreciation||18,506|18,590|
||Total expenditure||326,991|279,369|
||The above expenditure includes support||||
||and governance costs as follows:||||
||Support costs:||||
||Staff and related costs||6,784|2,679|
||Other overheads||118,353|91,075|
||||125,137|93,754|
||Governance costs:||||
||Audit fee||6,000|6,100|





|||2022|2021|
|---|---|---|---|
|||£|£|
|3|NET EXPENDITURE|||
||This is stated after charging:|||
||Depreciation|103,445|104,862|
||Auditors remuneration|6,000|6,100|



|4|STAFF|||
|---|---|---|---|
|||Number|Number|
||Average weekly number of employees during the year were:|||
||Full-time|-||
||Part-time|1||



## 

|TANGIBLE FIXED ASSETS||||||
|---|---|---|---|---|---|
||Kitchen, Catering|||||
||and Storage|Furniture &|Long Leasehold|Computer||
||Equipment|Equipment|Property|Equipment|Total|
||£|£|£|£|£|
|Cost:||||||
|At 1 April 2021|43,447|67,746|4,810,150|5,126|4,926,469|
|Additions|-|256|-|2,619|2875|
|At 31 March 2022|43,447|68,002|4,810,150|7,745|4,929,344|
|Depreciation:||||||
|At 1 April 2021|29,381|47,219|1,063,376|5,102|1,145,078|
|Charge for year|2,813|4,131|96,203|298|103,445|
|At 31 March 2022|32,194|51,350|1159,579|5,400|1,248,523|
|Net book values:||||||
|At 31 March 2022|11,253|16,652|3,650,571|2,345|3,680821|
|At 31 March 2021|14,066|20,527|3,746,774|24|3,781,391|





|||2022|2021|
|---|---|---|---|
|||£|£|
|6|DEBTORS<br>— amountsfatling due|||
||within one year:|||
||Operating debtors|40,450|25,846|
||Other debtors|-|1,753|
||Prepayments|9848|9,367|
|||50,298|36,966|



|||Amounts due within one year|Amounts due within one year|Amounts due after one year|Amounts due after one year|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||£|£|€|£|
|8|OTHER LOANS|||||
||Futurebuilders loan 1 (secured)|5,195|4,904|66,429|71,570|
||Futurebuilders loan 2 (secured)|9,017|9,178|139,908|148,562|
||PCC of All Saints Church, Kings Heath|15,922|27,382|-|12,447|
||Futurebuilders loan 3 (secured)|11,093|10,594|152,599|163,738|
|||41,227|52,058|358,936|396,317|





|9|MOVEMENT IN FUNDS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||At1 April|Incoming||Outgoing|||Fund||At 31 March|
|||2021|Resources||Resources|||Transfers||2022|
|||£|£||£|||£||£|
||Unrestricted funds||||||||||
||Community buildings:||||||||||
||Capital|770,788|-||-||(|29,244)||741544|
||Revenue|570,069|303,709|(|308,485)|||34,199||599,492|
||Village Square capital|184,759|-||-||(|4,626)||180,133|
||Birmingham & District Butchers Association|4,218|-||-||(|329)||3,889|
||Tenants repairs sinking|15,636|1,441||-|||-||17,077|
||Total Community funds|1,545,470|305,150|(|308,485)|||-||1,542,135|
||Restricted funds||||||||||
||Big Lottery Grant|734,739|-|(|18,092)|||-||716,647|
||Big Lottery Capital Grant revenue|4,934|-|(||414)||-||4,520|
||Kings Heath 1000|15,028|348||-|||-||15,376|
||Sustainabilitygrant|7,300|-|||-|||-|7,300|
|||762,001|348|(|18,506)||||-|743,843|
||Designated fund||||||||||
||Capital development|100,000|-|||-|||-|100,000|
|||2,407,471|305,498|(|326,991)||||-|2,385,978|
||Analysis of funds||||||||||
||Capital funds:||||||||||
||Community buildings|1,171,587||||||||1,133,955|
||Village Square|538,553||||||||525,335|
||Designated fund:||||||||||
||Capital development|100,000||||||||100,000|
||Revenue funds:||||||||||
||Community<br>—general|570,069||||||||599,492|
||Big Lottery<br>—||||||||||
||Community Buildings Supporting Change|4,934||||||||4,520|
||Kings Heath 1000|15,028||||||||15,376|
||Sustainability grant|7,300||||||||7,300|
|||2,407,471||||||||2,385,978|





## 

|At 31 March 2022|||||||
|---|---|---|---|---|---|---|
||Sustainability|Capital|Kings Heath|Big Lottery|||
||Grant|Development|1000|Fund Grants|Community|Total|
||£|£|£|£|£|£|
|Tangible fixed assets|-|-|-|721,167|2,959,654|3,680,821|
|Debtors|-|||-|50,298|50,298|
|Cash at bank and in hand|7,300|100,000|15,376|-|40,620|163,296|
|Creditors|-|||-|(1,508,437)|(1,508,437)|
||7,300|100,000|15,376|721,167|1,542,135|2,385,978|
|At 31 March 2021|||||||
||Sustainability|Capital|kings Heath|Big Lottery|||
||Grant|Development|1000|Fund Grants|Community|Total|
||£|£|£|£|£|£|
|Tangible fixed assets|-|-|-|739,673|3041,718|3,781,391|
|Debtors|-|-|-|-|36,966|36,966|
|Cash at bank and in hand|7,300|100,000|15,028|-|112,959|235,287|
|Creditors||||-|(1,646,173)|(1,646,173)|
||7,300|100,000|15,028|739,673|1,545,470|2,407471|