COMPANY REGISTRATION NUMBER 031)71683 SANDWELL COMMUNITY INFORMATION AJYD PARTICIPATION SERVICE LIMITED COMPANY LIMrrED BY GUARANTEE FINANCIAL STATEMENrs FOR THE YEAR EI¥DED 31 MARCH 2021 Charity Number 1097702
SANDWELL COMMUNITY INFORMATION AIYD PARTICIPATKON SERVICE LIMrrED COMPAI¥Y LIMITED BY GUARAJYfEE FINANCIAL STATEMENrs YEAR EIYDED 31 MARCH 2021 CONfENrs PAGE Members of the Board and profe&sional advisers Trustees Annual Rew)rt Independent examin&s rcwrt to the members Stat¢ment of financial activities (iEKOTporating the illcome and ¢xp¢nditure account) io Balance sheet li Notes to the financial statements 13
Page I SANDWELL COmfvtUm INFORMATION AND PARTICIPATION SERVICE LITD MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS Registered charity name Sandwell Community Inforniation and Participation Service Lilted Charity number 1097702 Company registration number 03071683 Registered office 2nd Floor The Natio[1 Metalforniing Centre 47 Birniingham Ro W¢si Bromwich West Midlands B70 6PY Direetors and trust Mrs A M Docker Nfr A D Averis Mr T Davys Mrs T Eaves Ms G Francis Mr J tawley Mr T Purcell Mr L Smith Ms S Smith Mr M J SnCer Mr L Tumer Secretary Ms J Macmillan Illdependent examiner Mr J S Pye FCCA 19 Ingleby Way Shrewsbury Shropshirc SY3 8BU
Page 2 SAIYDWELL COMMU1ry INFORMATION AND PARTICIPATION SERVICE LIMrrED COMPANY LIMITED BY GUARANfEE TRUSTEES ANNUAL REPORT YEAR EIWED 31 MARCH 2021 The Directors and TruStS, who are also directors for the purposes of company law, present their report and the unalldited financial statements of the company for the year ended 31 March 2021. REFERENCE AND ADMINISTIL4TIVE DETAILS Reference and administrative details are shown in the schedule of members of the board and professional advisers on page l of the financial statements. THE DIRECTORS ALYD TRUSTEES The Directors and Trustees who the cotnpany during the peri(xl were as follows: Mrs A M Docker Mr A D Averis Ms M Baker Mr T DaNys Mrs T Eaves Ms G Francis MTS J Grantham Mr J Lawley Mr C Lanord Mr T Purcell Mr L Smith Ms S Smith Mr M J Spencer Mr I. Turner Mr A D Williams Ms M Baker retired on 12 August 2020. Mr L Smith was elected on 12 August 2020. Mr C tAngford passed away on 14 January 2021. Mr A D Williams retired on 28 July 2021. STRUCTURE, GOVERY4ANCE AND MANAGEMENr (a) Governing document Sandwell Community Inforn]ati¢)n and Participation Service Limited (fornierty known as Sandwell Tenants and Rcsidents Federntion Limited) achieved charitable status on 28 May 2003 (registered number 1097702) and is a company lirnited bv gilara (registered number 03071683). (b) Organisational sln Sandwell Community Informatioo and Participati(M Seryice Limited (SCIPS) h&q a management commtttee of up to 15 members who meet regularly and are responsible for the strategic direction and policy of the charity.
Page 3 SAI¥DWELL COMMUNITY INFORMATION AND PIlRTICtPATION SERVICE LIMITED COMPANY LIMITED BY GUARAJYfEE TRUSTEES ANNUAL REPORT YEAR ENDED 31 MARCH 2021 A 5cbeme of delegation is in plac¢ and day to day reSnsibIlity for the provision of services rests with a manager, Jan Macmillan is tEsponsible for ensuring that the charity delivers the services specified. The manager has restK)nsibilitv for ensuring the day to day operdtional mattagement of the charity, individual supervision of the staff teatll and ensuring that the staff team continue to develop their skills and working practices in lin¢ with good prnctice. (¢) Appointment of trnstees The directors of the company are also charity trustees for the pwx)ses of charity law. The company was established under a Memorandum of Associatton which established the objects and powers of the charitsble company and is governed under its Articles of ASslation. In the event of the compaE being wound up members are required to contribute an amowit not exceeiling £1. Under the requirements of the Memorandum and Articles of Association trustees are elected to the management committee to serve for a period of up to three years after which trustees must be re- elected at the next annual general meeting. (d) Trustee induetion and trdining New trustees undergo an orientation day to brlef them on l¢ga] obligations under charity law, the content of the clwity's Memorandum and Articles of Association. the collllnittee and decision making pnicess and the recent financial perforn]aDce of the charity. During the induction they meet key employees and other InS and are supplied with a comwehensive knard manual containing copies of all current policies and procedures. Trustees are encourdged to attend appropriat¢ external training events where these will facilitate the understsDding of their role. (e) Risk management The trustees have examined the major strategic. busille5s and operational issues which the organlsation faces. They confirm that systems are in pla¢¢ to ellable regular reports to be produ¢ed so tIt necessary steps can taken to reduce risks.
Page 4 SANDWELL COMMUNITY INFORMATION AND PARTICIPATION SERVICE LIMrrED COMPANY LIMrfED BY GUAIL41YfEE TRUSTEES AIWJAL REPORT C¢¥ YEAR ENDED 31 MARCH 2021 The objects and principle activities of the c]]arity are to promote the Etnefits of the residents of the Borough of Sandwell in the West Midlands by a&qlatIng the residents. Iwal authorities and voluntary organisations with the common aim ofr. (a) advancing educatio protecting health and relteving poverty or sickness and (b) providing or assisting in the provision of facilities the interests of s(Kial welfare for recreation and leisure time occupation. In order, therefore, to thlfil its objects and principle activities the chartty provides suppor¢ inforniation, trdining and advocacy to tenant and cotnmunity groups in the Bory)ugh of SandwelL thus aiming to provide communities wÈth the ¢onfidence and skill to enable them to inflijence decisions which affect their homes and environmenL AcHIEVElENTS AND PERFORMANCE a) Continued delivery of core s¢rvi¢es SCIPS has continued to deltver seryices and support to tenants. and r¢sidents' groups across S8ndw¢ll. Due to Covid we were unable to deliver face to face meetings with groups but provided training and support for our members to use digital platfom)s like Z(Kbm. Throughout l(Kkdown we UD_d¢rtook 28 welfare calls each week making around 1,400 calls throughout the period. To ensure residents were infomied and provided with upt(Hlate h¢alth and safety infornlation we cir¢ulated 17 newsletters. Through SCIPS H'ebstte a totsl of 268 news articles were uploaded which received ov¢r I 1.000 views. 295 fundiDg opportunities were also uploaded which received over 10,000 hFts. SCIPS Board were able to hold monthly virtual meetings from Octob¢r onwards. The Directot3 conducted a postal AGM in August 2020 as the scheduled meeting in March 2020 had to be cancelled. b) Reacbing Communities Digi-ColluD Bid SCIPS secured a £326,O¢NJ Big tA)ttery Reaching Communities grant in March 2020, the pmject con)mencing in May 2020. Alongside our delivery partner. St. Albans Community Associatio we developed tailored training and support to build digitsl skills and confidence in a community setting. We developed a suite of joint polictes that govern the projec¢ a referral Pre$S, and a new websit¢. In OCtor we secured additional funding of £17.000 to purchase 30 secure 4G enabled tablets to ¢stablish a loan scheme. Over 40 residents kn¢fitted from the loan scherne and were supported to undertake a tange of tssks like setting up an email. attending virtual meetings arkd shopping online. Ill addition, we suprted 5 Tenallts and R¢sidellts groups to apply for over £9,000 of llding to purclkase 24 tablets to lend to their wider memkrship. We apwinted an independent evaluator to. rnre the Impact of the project and & full appraisal of the first year of delivery has ell producsj.
Page 5 SANDWELL COMMUNITY INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES ANNUAL REPORT (tw•ed) YEAR ENDED 31 MARCH 2021 c) Hatel¢y Cr0&8 Big Local SCIPS has continued &% the Locally Trusted OrgaDisation for the Hateley Cross Big tAJcal Partnership. In addition, we also provtde community development support for th¢ progrdmme. The Partnership ring fenced fimding for the school4 a youth voices programm4 and Stone Cross Libtw to ensure they still benefit from the progratnme although thej were not able to deliver their intended projects due to lockdown. The Partnership made considerable progress in the development of their green spa¢¢ strategy which has te5ulted in over £55.000 of invesiment being allocated to improve two green sites in the area. The Partnership ¢Ited a consultsnt to develop a new plan to acttss the remaining 4/ years of fimding. d) SMBC Tenant Engagernent Strategy In 2020 the Goven]ment published a new Clwter for Social Housing which puts a much greater emphasis on resident engagement aod nSultiOn. SCIPS has iwi working with SMBC to develop a new resident engagement stdte which will be develo[ OV¢T the next few years to ensure that Sandwell is compliani with the new legislation. e) Covid 19 SCIPS staff were able to resha their work progrdmme to contiDU¢ to deliver Se1¢eS to our mmunitie5 in lockdown. The compaDV did not have to utilise the Gov¢mments' furlough scheme and all staff worked full time from home throughout the period. SCIPS is reliatrt upon the incorn¢ derived from graots it receives from organisations such as Sandwell Metropolitan Borough Council and other grdnt making organisations. SCIPS have recently wured funding from The National Lottery Comtnunity Fund for 3 years from 4 May 2020 to deliver a digilal inclusion project and the Service Level Agreement (SLA) with Sandwell MBC runs for a futther 2 years to 31 March 2023. The Statement of Financial Acttvities shows a gross income of L135.076 (2020 - £327.228) and expenditure of £303J04 (2020 - £275.5M). The reserves are primarily to cover the development and future nmning expenses of all aspects of the organisation. The exttss unrestricted reserve will be used to pilot activities and initiatives which will enable SCIPS to secutE fijnding for new areas of work in the future. Reserves poli¢y The trustees have established a policy whfflrby the unrestricted fimds not committed or invested in tangible fixed assets ("the free reserves") held by the charity should be approximatety 6 month5 basic running costs which equates to approximately £IOO,OIKI in general fimds.
Page 6 SANDWELL ComUNITy INFORMATION AND PARTICIPATION SERVICE LIMrrED COMPANY LI[rED BY GUARAJYfEE TRUSTEES AMYUAL REPORT (e) YEAR ENDED 31 IWiCH 2021 PLANS FOR FifTh PERtODS a) Delivering Digi-comm Project In the second year of our Reaching CollllDunities Digi-comm project we will engage Community centres to support them to develop their digital offer. We will continue to develop training sessions as identified by participants and support residents to build their digital skills and confidence. We wtll network with other voluntary sector partners to build digital itthastructutE across the borougb. We are part of a consortium alongside Sandwell Community Hubs and Communities in Sync that w&s established to bid for additional resources to develop digttal support within communities. This consonium submitted a fimding bid for £500k to support this agenda. b) Hateley Cross Big Local New Plan Hateley Cross Big Local Partn¢tship has engaged SCIPS to deliver the remainder of the Big Local programme over the nexi 4'A years. We will continue to service monthly meetings on behalf of the Partnership. Their plans for the future include: Continued dev¢lopment of several green spaces asS the area including levering in additional funding where required The development of a community bjiiding which vlill be managed by 4Communiti¢s CIC A traTrning and employment progratllme iv. The establishment of a Dew COMMlty organisation to the legacy of the pro8fdmme beyond the initial fimding. ¢) Ikvelopment of SMBC Tenant Engagement Strategy SCTPS will contirkue to support SMBC to develop and impl¢tneDt their new Tenant Engagement Strategy. We will develop and deliver training for staff around the new Charter for Social Housing. We will support the fonnation of the n¢w Tenant and Leaseholder Scrutiny GTOUP and w211 help establish a Tenant Auditor progrdmme. d) Reset and ffcovery 8t Covid SCIPS undertook a survev to establish how Tenants and Residcnts gtoups had been affected by the lockdow. We have dev¢lotd a reset and recovery plan for each group and will work with them to ensure they ar¢ able to effectivety move forward. In additio we intend to undertakc development wot* with our wider membership to enable them to continu¢ to provide valuable support services to their wider communities.
Page 7 SAIYDWELL ColKUNlTy INFORMATION AND PARTICKPATION SERVICE LIMTfED COMPANY LIMITED BY GUARANTEE TRUSTEES A1jAL REPORT (co YEAR EIYDED 31 MARCH 2021 INDEPENDENT EXAMINER Mr J S Pye FCCA has IKen r¢-&plnted as Indeellt examiner for the ensuing year. SMALL COlPANy PROVISIONS This report has been prepared in accorthce with the provtsions applicable to companies entitled to the small compaDies' exemption. Registered office: Signed by order of the 2nd Floor The National Metalforniing Celltre 47 Binningham Roa West Bromwich West Midlands B70 6PY Ms J Macmillan ComEYdny Secretary 9 September 2021
Page 8 SAI¥DWELL COMMui¥rrY INFORMATION AND PIIRTICKPAHON SERVICE LIMrrED COMPAI¥Y LtMITED BY GUARANTEE INDEPENDEI%T EXAMINER'S REPORT TO THE MEMBERS OF S.4NDWELL COMVIUNITY INFORMATION AIYD PARTICIPATION SERVICE LIMITED YEAR ENDED 31 MARCH 2021 I report on the accounts of the company for the year fflded 31 March 2021 which are Set out on pages Ioto 19. RESPECTIVE RESPOF4SIBtLITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of Sandwell Community Infotmation and Participation Servic Limited for the purp()ses of company law) are restK)nsible for the preparntion of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 201 I (the 2011 Act) and that an independent examination is needed. Having satisfied myself tlmt the company is not subject to audit under company law and is eligible for indcpendent examination, it is my restM)nsibility to: examine the accounts under section 145 of the 2011 ACL to follow the procedures laid down in the general D1CtiOnS given by the Charity Commission wider section 145(5Xb) of the 2011 ACL and . to state whether particular matters have come to my attention. BASIS OF INDEPENDEN[ EXAMWER'S REPORT My &xamination was carried out in accordance with the o¢n¢rdl Directions given by the Charity Commission. kn e¥aminatioD tncludes a r¢view of the accounting tecords kept by tbe company and a comparison of the accounts presented with those records. It also includes considerdtion of any unusual items or disclosures in the accounts and kIng explanations from you as trustees concerning any such matters. The procedures undertaken do not proi'ide all the evidence that would be requircd itt an audit and consequently no opinion is given to whether th¢ accounts present a'true and fair view, and the report is limited to those rnatters set out in th¢ statement below.
Page 9 SANDWELL COMMUNrrY INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LVrED BY GUARAiYfEE INDEPENDENT F.XAMINER'S REPORT TO THE MEMBERS OF SANDWELL COMMUNITY INFOILM. ATION AND PARTICIPATION sERCE LIMrrFD (tv YEAR ENDED 31 MARCH 2021 Since the company's gross income exceeded £250.< your examiner must bc a member of a blY listed in section 145 of the 2011 ACL I confirni that i am qualifid to undertake the examination because I am a member of the As5wiation of Chartered Certified Accountants which is one of the listed bodie5. I have completed my examination 2nd I confirni that no matter Iw come to my attention: (l) which gtves me ffasonable cause to lIeVe that in ally material r&spe¢t the requirements: . to keep accounting records in accordanee with section 386 of the Companies Act 2006. and . to prepare accounts which accord with the accounting records. cornpty with the accounting requirements of section 396 of the Companies Act 2(K16 and with the methods and principles of the Statement of Recommended Prncti¢e: Accounting and Reporting by Ciwities have not been me( or (2) to which, in my Opinio attention should be dravln in order to enable a proper understanding of th¢ accounts to be reached. Mr J S Pye FCCA Indepeudent examiner 19 Iogleby Way Shrewsbury Shropshire SY3 8BU 9 Septsmber 2021
Page 10 SANDWELL com[uNITy INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LIMtTED BY GUARAKfEE STATEMENT OF FllYANCIAL ACTtvrriES (INCORPORATING THE INCOME AND EXPENDrruRE ACCOUNT) YEAR ENDED 31 MARCH 2021 Unrestricted Restiicted Totgl funds funds 2021 Total funds 2020 Note KNCOMING RESOURCES Incoming resourc¢s from generating fill)ds'. Investment income tncoming resources from charitable activiti¢s- grants receivable Other incoming resources 45 45 75 150.( IW978 334,978 325,029 2,124 TOTAL INCOMtNG RESOURCES 150,098 184.978 335.076 327228 RESOURCES EXPENDED Charitable activities Governan¢¢ sts (91 (38.172) (173247) (265,132) (38,172) {231.492) (44,052) TOTAL RESOURCES EXPENDED (130,057) (173247) (303W) (275,544) NET INCOMINGI(OUTGOll¥G) RESOURCES FOR THE YEAliq+lET INCOMEIIEXPEIYDFfuRE) FOR THE YEAR 20,041 11.731 31,772 51,684 RECONCILIATION OF FUNDS Total fimds brought forwaTd 9&143 79ffi72 175815 124,131 TOTAL FUP4DS CARIUED FORWARD 116,184 91A03 lo787 175.815 The Statement of Financial Activities includes all gains and losses in the year and thefOre a statement of totsl recognised gains and losses has not been prepared. All of the above amounts t¢lat¢ to continuing activities. The Dot&8 on pages 13 to 19 form part of these fiDclaI statement&
Page 11 SANDWELL COMMUNITY INFORMATION AND PARTICIPATION SERVICE LIMrtED COMPANY LIMtTKD BY GUARANTEE BALANCE SHEET 31 MARCH 2021 2021 2020 Note FIXED ASSETS Tangible assets &040 3,942 CURREIYf ASSETS Debtors Cash at bank and in Iwid io 7025 198549 3,884 175,598 179.482 (7,609) 206J74 (627} CREDrroRS: amounts falling due within one year li ET CURREiYf ASSETS 199547 171,873 TOTAL ASSETS LESS CURRENT IJABILrrIES 207S87 175,815 NET ASSETS 207587 175,8E5 Restricted illcome funds Unrestricted income funds 12 13 91,403 J16,184 79.672 96.143 TOTAL FUNDS 20787 175,815 For the year ended 31 Marcb 2021 the company was entided to exeitiption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors and trustees. reswDsibilities". the members have not reqll1r the company to obtatn an audit of its accounts for the year in qu¢stion in accordance with section 476" and the Directors and Tn acknowledge their responsibilities for complying with th¢ requiremellts of the Act with reStt to accounting records and the preparation of accounts. The balance sheet contitiu¢s on the following page. The notes on pages 13 to 19 forn part of these fuMn¢ial slatements.
Page 12 SANDWELL COMMUNITY INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LIMrrED BY GUARANfEE BALANCE SHEET 31 MARCH 2021 Thes¢ accounts have beeti preparcd in ordance with the provisions applicable to compaDies subject to the small companies, regime and with the FRS 102 S¢¢tion IA- Small Entities. These fll]ancial statements were approved by the Dirt0[S and Trust¢es and authorised for issue on the 9 September 2021 and are signed on their IKhalf by: Mrs A M Docker Director Company Registration Numl*r: 03071683 The not£5 on pages 13 to 19 form part of th&qe financial statements.
Page 13 SANDWELL COMMUNITY INFORMATION AND PIXRTICIPATKON SERVICE LI[[TED COMPANY LMTED BY GUARAJYfEE NOTES TO THE FINANCIAL STATEMENrs YEAR ENDED 31 MARCH 2021 AccoiJNfFNG POLICIES Basis of aeeountittg The financial statemerkts have been preparsj in accordanct with the Charities SORP 'Accounting and Reporting by Cktarities: Statement of Recommended Practice applicable to charities preparing their accounts in ordanCe with FRS 102 Section IA - Small Entities,. the Companies Act 2006 and the Charities Art 2011. Casb llow statemellt The trustees have taken advantsge of the exemption in Financial Retrf)rtiog Standard No I (revised) from including a cash flow statement in the financial statements on the gtDun&s that the company is small. Company status The charity is a company limited by guardntee. The rnemkrs of the company are the trustees named on th¢ members of the board page. In the eveDt of the charity being wound up the liability in respect of the gLiaTaDtee is limited to £1 per memkr of the charity. Fund eanE General funds are unrestri¢tcd funds svht¢h are available for us¢ at the discretion of the trths in furtherallce of Ihe general objectives of the charity and which have not been designated for other purposes. Designated funds comprise of unrestricted funds that have been set aside by the 1CeS for particular purposes. Restricted funds are fimds which are to US in accordance with Specific restrictions imposed by donots or which have E*en rdised by the charity for particular purwses. The cost of rdising and administsring sucb funds are charged against the specific fillld. The aim and use of each fi]nd is set out in the notes to the financial stst¢ments. Incoming resourees All iticoming res{H are included in the stat¢ment of financial activities when th¢ charity is entitled to the income and the amount can Ix quantified with reasonable accuracy. The following specific lICIeS a applied to particular categories of income: Voltsntary income is rec¢tved by way of grants, donations and gifts and is included in hll in the slatement of financial activities when receivable. Grants. where entitlement is not conditiona] on the delivery of specific perfornwce by the charity. are re¢ognised when the charity becomes:_
Page 14 SANDWELL COMMUNrrY INFORMATION AJYD PARTICIPATION SERVICE LIMITED COMPANY LIMITED BY GUARAJYfEE NOTES TO THE FINANCIAL STATEMEKrs YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES Unconditionalty entitled to the grant. Grants: vthere related performance and specific deliverables, ate accounted for as the cbartty earn5 the right to consideration by perfomiance, Donated serYi¢¢s and facilttses are includsj at the V¢ to the charity where this be quantifie Investment income 15 included wbeTE receivable. Resources expended Resources expended are recognis¢d in the perRod in which they are incurred. Resources expended include attributable VAT which callnot be trcovered. Costs of generdting fimds comprise the costs associated with attracting volulltsry income and the cost of tradiTrg for fundraising pur[. Clwitable expend1tll ¢omprises those costs incurred by the charity in the deliv¢ry of its activities and services for its beneficiaries. It includes both costs that can IK allocated directly to such activities and those costs of an indirect nature nettssary to support them. Governance costs include those costs &ssociated with meeting the ciyn5titutional and statutory reqtsirements of the clwity and include aculltanCy fees 2nd costs litthed to the strategic anag¢m¢nt of the charity. All costs are allocated between the expendilure categories of the Statement of financial activities on the basis designed to reflect the us¢ of the resource. Costs relating to a particular activity are allocated directly, oth¢rs are apportioned on all appropria* b&sis. Fixed &8sets All fixed assets are initially recorded at cosL Depreciation Depreciation is calculated so to Hrit¢ off the cost of an &5seL less its est&mated residual value, over the use] ewnomic lrfe of that asset &$ follows: Fixttwes and equtpment- 15f33/0 oll a straight-line basis
Page 15 SANDWELL COMfvtUNITY INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LIMrfED BY GUARANfEE NOTES TO THE FINANCIAL STATEMEiYrs YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES (¢ohthre Operating It*se agreements Rentsls applicable to 0ratIllg le&ses where substantiallv all of the benefits and risks of ownersbip remain with the lessor are charged against profits on a straight-line basis over the period of the lease. INVESTMENf ll¥COME Unrestricted Total funds TotsE funds funds 2021 2020 Investment inwme 45 45 75 INCOMtNG RESOURCES FROM CHrtAB[ AcfivTrtES. GRANrs RECEIVABLE Unrestricted Restricted Totsl lld5 Totsl funds Dds funds 2021 2020 SMBC Core Grant Big Local Trust- Hateley Cross Grant Reaching Communities- Digi-QXllt Covid_19 Emergency Fund 150.(MJ) 150,(M)O 51257 116596 17,125 150,000 175,029 51257 116596 17.125 150, 184,978 334,978 325.029 OTHER INCOMING RESOURCES Unrestricted Total funds Totsl funds funds 2021 2020 Miscellaneous income 2.124
Page 16 SANDWELL com[UNITy INFORMATION AND PARTICIPATION SERVtCE LIMITED COMPANY LI[[TED BY GUARAiYfEE NOTES TO THE FINAIYCIAL STATEMENTS YEAR ENDED 31 MARCH 2021 COSTS OF CHARTtABLE ACTIvrrIES BY FUND TYPE Unrestrieted Restiicted Total ndS Total funds Dds nds 2021 2020 Wages and salaries Project support costs Directors and membets expenses Telephone Office expens AGM and annual rert Rent and rates Insurallces Building maintenance Light and heat General expenses Relocation costs Legal fees Consultancy fees Cleaning expenses 58J98 57,731 9).918 116,129 96.126 3.937 2249 11,704 79,440 70.111 4.406 885 11,569 464 24,007 1.397 829 1.602 4.198 6,861 1,752 19,350 4.621 3937 2249 7236 4250 lJ124 12,965 A7215 1,024 10937 2.165 13.102 91WS 173247 265,132 231.492 GOVERNANCE COSTS UnTestrieted Total funds Totsl funds fuDds 2021 2020 Wages and salaries Directors and members expenses Telephon¢ Office ¢xpens¢s AGM and annual report Accountancy Consuttancy fees Rent and rdtes Insurances Building maintenance Depreciation Light and heat Cleaning expenses Legal fees Bank charges 16278 16378 16,278 1.295 221 1.286 464 2,500 12,900 6.002 349 207 794 401 1.155 562 i?00 562 IJ 8.735 4J04 256 8.735 4J04 256 3.111 3,111 142 142 200 38,172 3&172 44,052
P•ge 17 SAI¥DWELL COMMUNITY INFORMATION AND PARTICIPATION SERVICE LI[TED cofvtPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEwrs YEAR ENDED 31 tARCH 2(121 NET INCOMll¥GI{oirrGOING) RESOURCES FOR THE YEAR This is stated after charging: 2021 2020 Depreciation 3.111 794 STAFF COSTS EMOLiJMENrs Total staff eosts Tvere as follows: 2021 2020 Wages and salaries Social security costs Other pension costs 118,494 11214 2.699 85.457 8.245 2,016 132,407 95,718 Particulm of employe. The avernge number of employees during the year. was as follows: 2021 2020 No. Administrative staff No employee received remuneration of motE than £60.000 during the year (2020 - Nil).
Page 18 SANDWELL COMNUNrrY INFORMATION AND PARTICIPATION SERVICE LIMrrED COMPANY LIMrrED BY GUARANfEE NOTES TO THE FINANCIAL STATEMEKrs YEAR ENDED 31 MARCH 2021 TA]YGIBLE FIXED ASSETS res ajjd equipment Totsl COST At l April 2020 Additions Disposals At31 March 2021 17,711 7210 17,711 7210 24,921 24,921 DEPRECIATIOIY At l April 2020 Charge for the year On disposals At 31 Mareh 2021 13.770 3.111 13,770 3,111 16081 NET BOOK VALUE At 31 March 2021 At 31 March 2020 3,942 3,942 10. DEwfoRS 2021 2020 Other debtors Prepayments 1.627 6,198 7025 1.627 2257 3,884 11. cREDORS. amounts f1)ng due within ooe year 2021 2020 PAYE and sociaI security Other creditors Accruals 2,681 1302 2.069 1.579 3.961 7,609
Pgge 19 SANDWELL COTrtMuNrfY INFORMATION AND PARTICIPATION SERVICE LIMITED COMPANY LtMITED BY GUARANTEE NOTES TO THE FINANCLIL STATEMENrs YEAR ENDED 31 MARCH 2021 12. RESTRIcfED INCOME FUNDS Bthlance at l Apr 2020 Intoming Outgoing Balance at resouRres 31 Mar 2021 Big Local TrSt- Hat¢ley Cross Grant Plan 2 Reaching Communities- Digi-comm project Covid_19 Emergency Fund 79.672 51257 (64,184) 66,745 116596 17,125 184978 (91,938) (17,125) 24.658 79,672 (173247) 91,403 13. UNRESTRICTED INCOME FUNDS Balance at l Apr2020 Incoming OlltgoiDg resources Balance at 31 Mar 2021 G¢n¢ral FuEtds 96,143 150,098 (130,057) 116.184 I4. ANALYSIS OF NET ASSETS BETWEEN FUNDS et current Totsl Restricted Income Funds: Big L(Kal Trust- Hateley Cross Grant Reaching Communitt¢s- Digi-comm project 66,745 24,658 91,403 Unrestricted lllcome Funds 11&184 116,184 Totsl Fullds 207587