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2022-03-31-accounts

Pages
Trustees'
annual
report (incorporating
the director's report) 1 to 3
Independent
examiner's
report
to the trustees
Statement
offinancial
activities (including income and
expenditure
account)
Statement offinancial position
Notes to the financial statements 7to 13
The following
pages
do not form part ofthe financial statements
Detailed statement
of
financial activities 15

2022 2021
Unrestricted
funds
Total
funds Total funds
Note
Income and endowments
Grants receivable 5 1,169 1,169 30,541
Charitable
activities
6 32,169 32,169 12,388
Other trading
activities
7 12,828 12,828
Total income 46,166 46,166 42,929
Expenditure
Expenditure
on charitable
activities 8,9 47,992 47,992 21,318
Total expenditure 47,992 47,992 21,318
Net (expenditure)/income and net movement in funds (1,826) (1,826) 21,611
Reconciliation
offunds
Total funds brought forward 53,350 53,350 31,739
Total funds carried forward 51,524 51,524 53,350

31 March 2022
2022 2021
Note
Fixed Assets
Tangible fixed assets 14 2,598 3,574
Current Assets
Debtors 15 6,415 2,886
Cash at bank and
in
hand 48,823 60,863
55,238 63,749
Creditors: amounts falling due within one year 6,312 13,973
Net Current Assets 48,926 49,776
Total Assets Less Current Liabilities 51,524 53,350
Net Assets 51,524 53,350
Funds ofthe Charity
Unrestricted
funds
51,524 53,350
Total charity funds 17 51,524 53,350

5. Grants Re ceiva ble
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
F F F
Grants
Coronavirus Job Retention Scheme 1,169 1,169 5,541 5,541
Wolverhampton City Council 25,000 25,000
1,169 1,169 30,541 30,541
6. Charitable Activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
F F F
Sessional bookings 32,169 32,169 12,388 12,388

Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
E F E
Access to business grant 12,828 12,828
8. Expenditure on Charitable Activities by Fund Type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
f E F
Management ofcommunity centre 46,732 46,732 20,190 20,190
Support costs 1,260 1,260 1,128 1,128
47,992 47,992 21,318 21,318

Expenditure on Charitable Activities by Activity T ype
Activities
undertaken Total funds Total fund
directly Support costs 2022 2021
f.
Management ofcommunity centre 46,732 46,732 20,190
Governance costs 1,260 1,260 1,128
46,732 1,260 47,992 21,318

10. Net (Expenditure)/Incom Net (Expenditure)/Incom e
Net (expenditure)/income is stated after charging/(crediting):
2022 2021
Depreciation oftangible fixed assets 976 1,353
Operating
lease rentals
72
11. Independent Examination Fees
2022 2021
Fees payable to the independent
examiner
for:
independent examination ofthe financial statements 1,260 1,128

e average number
o
2022 2021
No No
4 3

14. Tangible Fix ed Asse ts
Fixtures and
fittings Equipment Total
Cost
At 1 April 2021 and 31 March 2022 6,242 4,609 10,851
Depreciation
At 1 April 2021 3,684 3,593 7,277
Charge for the year 640 336 976
At 31 March 2022 4,324 3,929 8,253
Carrying
amount
At 31 March 2022 1,918 680 2,598
At 31 March 2021 2,558 1,016 3,574
15. Debtors
2022 2021
f
Trade debtors 5,987 2,088
Prepayments and accrued income 428 798
6,415 2,886
16. Creditors: amounts falling due within one year
2022
f
2021
Accruals and deferred income 6,312 13,954
Social security and other taxes 19
6,312 13,973

At At 31 March
1 April 2021 Income Expenditure 2022
F
General funds 53,350 46,166 (47,992) 51,524
At At 31 March
1 April 2020 Income Expenditure 2021
F
General funds 31,739 42,929 (21,316) 53,350

Analysis of Net A ssets Between Funds
Unrestricted Total Funds
Funds
F
2022
f
Tangible fixed assets 2,598 2,598
Current assets 55,238 55,238
Creditors less than 1 year (6,312) (6,312)
Net assets 51,524 51,524
Unrestricted Total Funds
Funds 2021
F
Tangible fixed assets 3,574 3,574
Current assets 63,749 63,749
Creditors less than 1 year (13,973) (13,973)
Net assets 53,350 53,350

2022 2021
F
Income and endowments
Grants receivable
Coronavirus
Job Retention
Scheme 1,169 5,541
Wolverhampton
City
Council 25,000
1,169 30,541
Charitable
activities
Sessional bookings 32,169 12,388
Other trading
activities
Access to business
grant
12,828
Total income 46,166 42,929
Expenditure
Expenditure
on charitable
activities
Wages and salaries 28,143 11,399
Operating
leases
72
Rates and water 4,257 (1,377)
Light and heat 4,551 2,920
Repairs and maintenance 1,554 1,126
Insurance 1,094 1,064
Other establishment 2,035 990
Other motor/travel
costs
678 323
Legal and professional fees 1,674 1,842
Telephone 461 539
Other office costs 357 200
Depreciation 975 1,353
Other interest payable and similar charges 1,050
Website costs 270 226
Printing,
postage and
stationery 750 705
Bank charges 71 8
47,992 21,318
Total expenditure 47,992 21,318
Net (expenditure)/income (1,626) 21,611