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|Incorporation:|Incorporation:|Company
limited|by|guarantee|on 30July 2002|
|---|---|---|---|---|---|
|Company|number:|4499211||||
|Charity registration:||1095879(registered||on 7 February 2003)||
|Governing|body:|Board ofdirectors (as disclosed|||on page 2)|
|Registered|offic:|All Saints Church|Parish Office|||
|||Vicarage Road||||
|||Kings Heath||||
|||Birmingham||||
|||B147RA||||
|Auditors:||Messrs Malcolm|Willcox &Co|||
|||Chartered
Certified Accountants||||
|||Hagley House||||
|||93Hagley Road||||
|||Edgbaston||||
|||Birmingham||||
|||B168LA||||
|Bankers:||Unity Trust Bank|pic|||
|||Nine Brindley Place||||
|||4 Oozells Square||||
|||Birmingham||||
|||Bl2HB||||
|Solicitors:||KJConroy &Co Ltd||||
|||30Ludgate
Hill||||
|||Birmingham||||
|||B31EH||||
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|||Designated|||||||
|---|---|---|---|---|---|---|---|---|
|||Fund|||||||
|||Capital|Restricted||Unrestricted||2023|2022|
|||Development||Funds||Funds|Total|Total|
||Notes|f||f||f|f|E|
|INCOME|||||||||
|Donations and legacies||||||59,580|59,928|7,291|
|Rent, service charges and|||||||||
|room hire income|||||296,312||296812|297,219|
|Investment
Income||||||1,395|1,395|80|
|Miscellaneous
Income||||||2,535|2,535|908|
|Community
Cafe||||||3,746|3,746||
|Total income||||348|363,568||363,916|305,498|
|EXPENDITURE|(2)||||||||
|Charitable
activities|||(|18,439)|(367,194)||(385,633)|(326,991)|
|Net expenditure|(3)||(|18,091)|(|3,626)|( 21,717)|( 21,493)|
|Balances brought forward||100,000|743,843||1,542,135||2,385,978|2,407,471|
|Funds carried forward||100,000|725,752||1,538,509||2,364,261|2,385,978|
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|BALANCE SHEET
31MARCH 2023||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2023|||2022||
||||||Notes|||||||
|TANGIBLE FIXED ASSETS|||||(S)|||3,583,030|||3,680,821|
|CURRENT ASSETS||||||||||||
|Debtors|||||( 6 )|23,589|||50,298|||
|Cash at bank and in|hand|||||154,014|||163,296|||
|||||||177,603|||213,594|||
|CREDITORS -falling|due within one|||year:||||||||
|Operating
creditors||||||6,544|||3,096|||
|Other creditors and|accrued|expenses||||30,812|||70,930|||
|Bank loan (secured)|||||(7)|34,659|||50,100|||
|Other loans|||||(8)|24,215|||41,227|||
|Value added tax||||||11,805|||12,541|||
|Deferred income||||||7,300|||7,300|||
|||||||115,335|||185,194|||
|NET CURRENT ASSETS||||||||62,268|||28,400|
|||||||||3,645,298|||3,709,221|
|CREDITORS -falling|due after one year:|||||||||||
|Bank loan (secured)|||||( 7 )|940,962|||964,307|||
|Other loans|||||( 8 )|340,075|||358,936|||
|||||||||(1,281,037)|||(1,323,243)|
|||||||||2,364,261|||2,385,978|
|Represented
by||||||||||||
|ACCUMULATED
FUNDS||||||||||||
|Community —Unrestricted||fund|||(9)|||1,538,509|||1,542,135|
|Big Lottery —Restricted fund|||||(9)|||702,728|||721,167|
|Kings Heath 1000-Restricted fund|||||(9)|||15,724|||15,376|
|Sustainability
grant|—Restricted||fund||(9)|||7,300|||7,300|
|Capital development|—Designated|||fund|(9)|||100,000|||100,000|
|||||||||2,364,261|||2,385,978|
|YEAR ENDED 31MARCH|202|3|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2023|||2022|
||||||||E|||E|
|Net cash inflow from operating|||activities|||144,006||||96,806|
|Cash flow from investing|activities||||||||||
|Acquisition
oftangible fixed||assets||||(|6,483)||(|2,875)|
|Interest received|||||||1,395|||80|
|Net cash flow from investing||activities||||(|5,088)||(|2,795)|
|Cash Row from financing|activities||||||||||
|Repayment
of loans|||||(||74,659)|(1,163,451)|||
|Interest
paid|||||(||73,541)|(||41,301)|
|New loan received||||||||1,038,750|||
|Net cash flow from financing|||activities||(|148,200)||(|166,002)||
|Decrease in cash at bank|||||(||9,282)|(||71,991)|
|Cash at bank and in hand|at|1|April|2022||163,296|||235,287||
|Cash at bank and in hand|at|31March 2023||||154,014|||163,296||
|Bank deposit accounts||||||121,707|||120,114||
|Bank current account|||||||32,140|||43,090|
|Cash in hand|||||||167|||92|
|||||||154,014|||163,296||
|Reconciliation
ofnet expenditure||||to net|||||||
|cash inflow from operating||activities|||||||||
|Net expenditure||||||(|21,717)||(|21,493)|
|Depreciation
charges||||||104,274|||103,445||
|Decrease/increase
in debtors|||||||26,709||(|13,332)|
|Decrease in creditors||||||(|37,406)||(|13,035)|
|Investment
income||||||(|1,395)||(|80)|
|Interest payable|||||||73,541|||41,301|
|Net cash inflow from operating|||activities||||144,006|||96,806|
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|Tangible fixed assets an|d depreciation|d depreciation|d depreciation||||
|---|---|---|---|---|---|---|
|Long leasehold
property|is stated at cost, including
professional
and|||legal fees directly attributable|to the condition|of|
|the asset.|||||||
|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||209f|reducing|balance|||
|Storage units||20%|reducing|balance|||
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|D ACCOUNTING
POLIC
ED 31MARCH 2023|IES - Continued||||
|---|---|---|---|---|
|||2023||2022|
|||E||E|
|EXPENDITURE|||||
|Staff costs:|||||
|Salaries and wages||16,795||6,144|
|National
insurance||1,602||508|
|Pension contributions||383||132|
|||18,780||6,784|
|Other overheads:|||||
|Legal and professional|fees|15,285||20,738|
|Accounting
services||4,230||4,090|
|Administration
assistance||8,129||9,070|
|Audit fee||5,900||6,000|
|Printing,
stationery
and computer consumables||1,608||1,874|
|Telephone
and postage||1,275||4,286|
|Sundries||1,427||942|
|Cleaning and cleaning materials||9,730||7,939|
|Depreciation||85,835||84,939|
|Repairs and consumables||65,006||63,915|
|Market and hire costs||600||705|
|Rates and insurance||12,391||13,448|
|Bank and other interest||73,541||41,301|
|Bank charges||307||266|
|Heat and light||33,633||35,335|
|Bad debts||13,461|(|646)|
|Advertising,
marketing|and events|2,372|||
|Equipment
leasing||8,731||7,499|
|Cafe —purchases for resale||534|||
|Cafe -contract labour||4,419|||
|||348,414|301,701||
|Total unrestricted
funds expenditure||367,194|308,485||
|Restricted fund expenditure:|||||
|Depreciation||18,439||18,506|
|Total expenditure||385,633|326,991||
|The above expenditure|includes support||||
|and governance
costs as follows:|||||
|Support costs:|||||
|Staff and related costs||18,780||6,784|
|Other overheads||115,403||118,353|
|||134,183||125,137|
|Governance costs:|||||
|Audit fee||5,900||6,000|
||||2023|2022|
|---|---|---|---|---|
||||f|f|
|NET EXPENDITURE|||||
|This isstated after charging:|||||
|Depreciation|||104,274|103,445|
|Auditors|remuneration||5,900|6,000|
|STAFF|||||
||||Number|Number|
|Average|weekly number ofemployees|during the year were:|||
|Full-time|||||
|Part-time|||||
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|TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
||Kitchen, Catering||||||
||and Storage|Furniture|&|Long Leasehold|Computer||
||Equipment
f|Equipment
f||Property
f|Equipment
f|Total
f|
|Cost:|||||||
|At 1April 2022|43,447|68,002||4,810,150|7,745|4,929,344|
|Additions||3,395|||3,088|6,483|
|At 31March 2023|43,447|71,397||4,810,150|10,833|4,935,827|
|Depreciation:|||||||
|At 1April 2022|32,194|51,350||1,159,579|5,400|1,248,523|
|Charge for year|2,251|4,009||96,203|1,811|104,274|
|At 31March 2023|34,445|55,359||1,255,782|7211|1,352,797|
|Net book values:|||||||
|At 31March 2023|9,002|16,038||3,554,368|3,622|3,583,030|
|At 31March 2022|11,253|16,652||3,650,571|2,345|3,680,821|
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|MOVEMENT
IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|
|||At 1April|Incoming||Outgoing||Fund|At 31March|
|||2022|Resources||Resources||Transfers|2023|
|||f|f||f||f|f|
|Unr estricted funds|||||||||
|Community
buildings:|||||||||
|Capital||741,544||||(|29,244)|712,300|
|Revenue||599,492|362,269|(|367,194)||34,131|628,698|
|Village Square capital||180,133||||(|4,611)|175,522|
|Birmingham
&District Butchers Association||3,889||||(|276)|3,613|
|Tenants repairs sinking||17,077|1,299|||||18,376|
|Total Community
funds||1,542,135|363,568|(|367,194)|||1,538,509|
|rlcted funds|||||||||
|Big Lottery Grant||716,647||(|18,092)|||698,555|
|Big Lottery Capital Grant revenue||4,520||(|347)|||4,173|
|Kings Heath 1000||15,376||||||15,724|
|Sustalnabllity
grant||7,300||||||7,300|
|||743,843|348|(|18,439)|||2,264,261|
|Desi na ed fund|||||||||
|Capital development||100,000||||||100,000|
|||2,385,978|363,916|(|385,633)|||2,364,261|
|Anal
isoffunds|||||||||
|Capital funds:|||||||||
|Community
buildings||1,133,955||||||1,096,234|
|Village Square||525,335||||||512,132|
|Designated
fund:|||||||||
|Capital development||100,000||||||100,000|
|Revenue funds:|||||||||
|Community
—general||599,492||||||628,698|
|Big Lottery—|||||||||
|Community
Buildings Supporting|Change|4,520||||||4,173|
|Kings Heath 1000||15,376||||||15,724|
|Sustainablllty
grant||7,300||||||7,300|
|||2,385,978||||||2,364,261|
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