| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 15 |
| Detailed Statement ofFinancial Activities | 16 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 12,852 | 12,852 | 8,624 | |||
| Charitable | activities | ||||||
| Grants and | contracts | to | provide services to young | ||||
| people | 149,337 | 122,654 | 271,991 | 399,760 | |||
| Other income | 5,140 | 9 140 | 5,020 | ||||
| Total | 167,329 | 122,654 | 289,983 | 413,404 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Grants and | contracts | to | provide services to young | ||||
| people | 5,076 | 5,076 | 10,057 | ||||
| Other | 195,026 | 199299 | 354,321 | 311,497 | |||
| Total | 200,102 | 199299 | 359,397 | 321,554 | |||
| NET INCOME/(EXPENDITURE) | (32,773) | (36,641) | (69,414) | 91,850 | |||
| Transfers | between | funds | ~20,000) | 20,000 | |||
| Net movement in funds |
(52,773) | (16,641) | (69,414) | 91,850 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought | forward | 258,931 | 210,428 | 469,359 | 377,509 | |
| TOTAL FUNDS CARRIED FORWARD | 206,158 | 193,787 | 399,945 | 469,359 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestrioted | Restrioted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets |
6,498 | 2,187 | 8,685 | 7,084 | |
| CURRENT ASSETS | |||||
| Debtors | 17,396 | 17,396 | 69,636 | ||
| Cash at bank and in hand | 188,735 | 219,632 | 408,367 | 395,244 | |
| 206,131 | 219,632 | 425,763 | 464,880 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(6,471) | (28,032) | (34,503) | (2,605) | |
| NET CURRENT ASSETS | 199,660 | 191,600 | 391,260 | 462,275 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 206,158 | 193,787 | 399,945 | 469,359 | |
| NET ASSETS | 206,158 | 193,787 | 399,945 | 469,359 | |
| FUNDS | |||||
| Unrestricted funds |
206,158 | 258,931 | |||
| Restricted funds | 193,787 | 210,428 | |||
| TOTAL FUNDS | 399,945 | 469,359 |
| 2023 | 2022 |
|---|---|
| 7,003 | 4,525 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| L3 | 13 | |||
| No employees received emoluments |
in excess off60,000. | |||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
8,623 | 8,624 | ||
| Charitable activities |
||||
| Grants and contracts to provide services to | ||||
| young people | 93,985 | 305,775 | 399,760 | |
| Other income | 5,020 | 5,020 | ||
| Total | 107,628 | 305,776 | 413,404 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Grants and contracts to provide services to | ||||
| young people | 10,057 | 10,057 | ||
| Other | 43,073 | 268 424 | 311497 | |
| Total | 53,130 | 268,424 | 321 554 | |
| NET INCOME | 54,498 | 37,352 | 91,850 | |
| Transfers between funds |
i170 0007 | 170,000 | ||
| Net movement in funds |
(115,502) | 207,352 | 91,850 |
| For The Year Ended 31August | For The Year Ended 31August | 2023 | ||||
|---|---|---|---|---|---|---|
| 5. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | - continued | ||
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 374,433 | 3,076 | 377,509 | ||
| TOTAL FUNDS CARRIED FORWARD | 258,931 | 210,428 | 469,369 | |||
| 6. | TANGIBLE FIXED | ASSETS | ||||
| Premises | Office | |||||
| refurbishment | Equipment | equipment | Totals | |||
| COST | ||||||
| At 1 September 2022 | 12,741 | 1,665 | 17,380 | 31,786 | ||
| Additions Disposals |
~9,019) | ~250) | 8,604 ~4,070) |
8,604 ~13339) |
||
| At 31 August 2023 | 3,722 | ~1415 | 21,914 | ~27 051 | ||
| DEPRECIATION | ||||||
| At 1 September 2022 | 11,017 | 1,665 | 12,020 | 24,702 | ||
| Charge for year | 930 | 6,073 | 7,003 | |||
| Eliminated on disposal |
~9,019) | ~250) | ~4,070) | (13,339) | ||
| At 31 August 2023 | 2,928 | 1,415 | 14,023 | 18,366 | ||
| NET BOOKVALUE | ||||||
| At 31 August 2023 | 794 | 7,891 | 8,685 | |||
| At 31 August 2022 | 1,724 | 5,360 | 7,084 | |||
| 7. | DEBTORS; AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2023 | 2022 | |||||
| Trade debtors | 2,334 | 68,034 | ||||
| Prep ayments | 15,062 | 1,602 | ||||
| 17,396 | 69,636 |
| CREDITORS: AMOUNTS FA | LLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Social security and other taxes |
4,875 | 1,108 | ||
| Pension owing | 1,596 | 1,497 | ||
| Accrued expenses | 28,032 | |||
| 34,503 | 2,605 | |||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | At | ||
| At 1.9.22 | in funds | funds | 31.8,23 | |
| Unrestricted funds |
||||
| General fund | 258,931 | (32,773) | (20,000) | 206,158 |
| Restricted funds | ||||
| BigLottery Fund | 5,637 | (3,450) | 2,187 | |
| Contracts for Services | 34,791 | (33,191) | 1,600 | |
| Designated Reserves |
170,000 | 20,000 | 190,000 | |
| 210,428 | ~36,64)) | 20,000 | 193,787 | |
| TOTAL FUNDS | 469,359 | ~69,4)4) | 399,945 | |
| Net movement in funds, included |
in the above are as follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 167,329 | (200,102) | (32,773) | |
| Restricted funds |
||||
| BigLottery Fund | 56,063 | (59,513) | (3,450) | |
| West Midlands Police |
11,379 | (11,379) | ||
| Family Matters | 36,812 | (36,812) | ||
| Contracts for Services | 18,400 | ~5),59)) | ~33,)9)) | |
| 122,654 | 159,295 | ~36,64) | ||
| TOTAL FUNDS | 289,983 | ~359,397) | ~69,414) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.9.21 | in funds | funds | 31.8,22 | ||
| Unrestricted funds |
|||||
| General fund |
374,433 | 54,498 | (170,000) | 258,931 | |
| Restricted funds | |||||
| BigLottery Fund | 3,076 | 2,561 | 5,637 | ||
| Contracts for Services | 34,791 | 34,791 | |||
| Designated Reserves |
170,000 | 170,000 | |||
| 3,076 | 37,352 | 170,000 | 210,428 | ||
| TOTAL FUNDS | 377,5D9 | 91,85D | 469 359 | ||
| Comparative net movement |
in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 107,628 | (53,130) | 54,498 | ||
| Restricted funds | |||||
| BigLottery Fund | 121,251 | (118,690) | 2,561 | ||
| Family Matters | 30,730 | (30,730) | |||
| Contracts for Services | 153,795 | ~119,004) | 34,791 | ||
| 305,776 | ~268,424 | 37,352 | |||
| TOTAL FUNDS | 413,404 | ~321,554) | 91,850 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.9.21 | in funds | funds | 31.8.23 | ||||
| Unrestricted | funds | ||||||
| General | fund | 374,433 | 21,725 | (190,000) | 206,158 | ||
| Restricted funds | |||||||
| BigLottery | Fund | 3,076 | (889) | 2,187 | |||
| Contracts | for | Services | 1,600 | 1,600 | |||
| Designated | Reserves | 190,000 | 190,000 | ||||
| 3,076 | 711 | 190,000 | 193,787 | ||||
| TOTAL | FUNDS | 377,509 | 22,436 | 399,945 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 274,957 | (253,232) | 21,725 | |
| Restricted funds |
||||
| BigLottery Fund | 177,314 | (178,203) | (889) | |
| West Midlands | Police | 11,379 | (11,379) | |
| Family Matters | 67,542 | (67,542) | ||
| Contracts for | Services | 172,195 | ~)70,595) | 1,600 |
| 428,430 | ~427,719 | 711 | ||
| TOTAL FUNDS | 703,387 | (680,951) | 22,436 |
| Phase Trust | |||||
|---|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||||
| For The Year Ended 31August 2023 | |||||
| 2023 | 2022 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and legacies |
|||||
| Donations | 10,971 | 6,919 | |||
| Gift aid | 1,881 | 1,705 | |||
| 12,852 | 8,624 | ||||
| Charitable activities |
|||||
| Grants and contracts | to | provide services to young | |||
| people | 271,991 | 399,760 | |||
| Other income | |||||
| Rental income | 140 | 20 | |||
| Government aid |
5,000 | 5,000 | |||
| 5,140 | 5,020 | ||||
| Total incoming | resources | 289,983 | 413,404 | ||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Grants to institutions | 5,000 | 10,000 | |||
| Other | |||||
| Salaries &national | insurance | 299,567 | 261,776 | ||
| Training | 4,022 | 3,753 | |||
| Travelling expenses |
8,883 | 6,761 | |||
| Teaching resources | 9,909 | 8,977 | |||
| Advertising | 1,377 | 772 | |||
| Telephone, post |
and | stationery | 3,290 | 3,037 | |
| Computer expenses |
2,617 | 3,199 | |||
| Repairs and renewals | 294 | 1,139 | |||
| Sundry expenses | 2,842 | 3,481 | |||
| Legal and professional | fees | 4,465 | 5,271 | ||
| Rent and utilities | 7,904 | 7,000 | |||
| Insurance | 2,147 | 1,806 | |||
| Depreciation | 7,004 | 4 525 | |||
| 354,321 | 311,497 | ||||
| Support costs | |||||
| Finance | |||||
| Bank charges | 76 | 57 | |||
| Total resources | expended | 359,397 | 321,554 | ||
| Net (expenditure)/income | ~69,414) | 91,850 |