| Pages | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | directors' | report) | 1to 7 | ||
| Independent examiner's |
report to the | trustees | |||||
| Statement offinancial activities |
(including | income and expenditure | account) | ||||
| Balance sheet | 10 | ||||||
| Notes to the financial statements | 11to 20 |
| Registered | charity | name | name | BSCMulticultural | BSCMulticultural | Services | Services | ||
|---|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1104502 | |||||||
| Company | registration | number | 05088364 | ||||||
| Principal office and | registered | Room 29 | |||||||
| office | 19Tower | Street | |||||||
| Ipswich | |||||||||
| Suffolk | |||||||||
| IP1 3BE | |||||||||
| The trustees | |||||||||
| The trustees | who served | during the year and at the date | ofapproval | were as follows: | |||||
| BAli (Chairperson) | |||||||||
| M Alam (Treasurer) | |||||||||
| M Ali | |||||||||
| J Begum | |||||||||
| K Miah | |||||||||
| M Miah | |||||||||
| H Pugh (Appointed | 15/06/2021) | ||||||||
| Company | Secretary | M Khan | |||||||
| Independent | examiner | L Thurston | FCCA | ||||||
| Lovewell Blake LLP | |||||||||
| Chartered | accountants | ||||||||
| First Floor | Suite | ||||||||
| 2 Hillside Business | Park | ||||||||
| Bury St Edmunds | |||||||||
| IP32 TEA | |||||||||
| Bankers | Lloyds Bank Pic | ||||||||
| Cornhill | |||||||||
| Ipswich |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 6 | 6 | 6 | 6 | |||
| Income and endowments | |||||||
| Donations and legacies |
8O,OO7 | 71,348 | 151,355 | 370,403 | |||
| Charitable activities |
1,800 | 1,800 | 1,263 | ||||
| Other trading activities |
798 | 798 | |||||
| Investment income |
371 | 371 | 8 | ||||
| Total income | 81,176 | 73,148 | 154,324 | 371,674 | |||
| Expenditure | |||||||
| Charitable activities |
58,623 | 151,246 | 209,869 | 149,138 | |||
| Total expenditure | 58,623 | 151,246 | 209,869 | 149,138 | |||
| Net (expenditure)/income | and net | ||||||
| movement in funds |
22,553 | (78,098) | (55,545) | 222,536 | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 138,852 | 216,912 | 355,764 | 133,228 | ||
| Total funds carried | forward | 161,405 | 138,814 | 300,219 | 355,764 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 8 | 6 | |||||
| Fixed assets | |||||||
| Tangible fixed assets | 7,427 | 9,864 | |||||
| Current assets | |||||||
| Debtors | 12 | 1,114 | 1,647 | ||||
| Cash at bank and | in | hand | 306,303 | 345,803 | |||
| 307,417 | 347,450 | ||||||
| Creditors: Amounts | falling due within | ||||||
| one year | 13 | (14,625) | (1,550) | ||||
| Net current assets | 292,792 | 345,900 | |||||
| Total assets less | current liabilities | 300,219 | 355,764 | ||||
| Net assets | 300,219 | 355,764 | |||||
| Funds ofthe charity | |||||||
| Restricted funds | 138,814 | 216,912 | |||||
| Unrestricted funds |
161,405 | 138,852 | |||||
| Total charity funds | 14 | 300,219 | 355,764 |
| 5. | Donations and legacies |
Donations and legacies |
|||||
|---|---|---|---|---|---|---|---|
| Year ended 31 March 2022 | |||||||
| Unrestricted | Restricted | Total Funds | |||||
| funds | funds | 2022 | |||||
| 6 | |||||||
| Donations | |||||||
| Donations | 203 | 750 | 953 | ||||
| Grants | |||||||
| NHS Ipswich and East Suffolk | CCG | 1,232 | 1,232 | ||||
| Suffolk Community | Foundation | 9,000 | 32,785 | 41,785 | |||
| HMRC Job Retention Scheme |
12,418 | 4,518 | 16,936 | ||||
| The National Lottery |
Community | Fund | 42,904 | 42,904 | |||
| Ipswich Borough Council | 13,750 | 6,960 | 20,710 | ||||
| Children in Need |
8,325 | 8,325 | |||||
| Suffolk County Council | 500 | 5,000 | 5,500 | ||||
| Sports England | 10,000 | 10,000 | |||||
| East Suffolk Council | 3,010 | 3,010 | |||||
| 80,007 | 71,348 | 151,355 | |||||
| Year ended 31 March 2021 | |||||||
| Unrestricted | Restricted | Total Funds | |||||
| funds 6 |
fundsf | 2021 S |
|||||
| Donations | |||||||
| Donations | 500 | 450 | 950 | ||||
| Grants | |||||||
| NHS Ipswich and East Suffolk | CCG | 113,000 | 113,000 | ||||
| Suffolk Community | Foundation | 14,000 | 60,950 | 74,950 | |||
| HMRC Job Retention Scheme |
28,382 | 41,198 | 69,580 | ||||
| The National Lottery |
Community | Fund | 44,634 | 44,634 | |||
| Ipswich Borough Council | 11,000 | 25,639 | 36,639 | ||||
| Children in Need |
16,650 | 16,650 | |||||
| Arts Council England | 9,000 | 9,000 | |||||
| Norfolk County Council | 5,000 | 5,000 | |||||
| 98,516 | 271,887 | 370,403 | |||||
| 6. | Other trading activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| f | f | 6 | |||||
| Fundraising events |
798 | 798 |
| Expenditure o |
n charita | bl | e activities |
|||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds 6 |
Funds f |
2022 | ||||
| Salaries and payroll costs | 42,810 | 91,471 | 134,281 | |||
| Workshops, seminars and |
events | 2,625 | 42,147 | 44,772 | ||
| Post, stationery, | printing | and copying | 1,155 | 971 | 2,126 | |
| Advertising and |
promotion | 478 | 4,775 | 5,253 | ||
| Grants paid | 250 | 250 | ||||
| Support costs | 11,555 | 11,632 | 23,187 | |||
| 58,623 | 151,246 | 209,869 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds f |
Funds f |
2021 f |
||||
| Salaries and payroll costs | 20,251 | 87,766 | 108,017 | |||
| Workshops, seminars and |
events | 30 | 26,077 | 26,107 | ||
| Post, stationery, | printing | and copying | 1,556 | 357 | 1,913 | |
| Advertising and |
promotion | |||||
| Grants paid | 450 | 450 | ||||
| Support costs | 8,654 | 3,997 | 12,651 | |||
| 30,491 | 118,647 | 149,138 | ||||
| Analysis ofsupport costs | ||||||
| 2022f | 2021 E |
|||||
| Rent, rates and | service charges | 8,267 | 7,095 | |||
| Insurance | 1,160 | 836 | ||||
| Telephone and |
fax | 2,250 | 2,021 | |||
| Office costs | 6,117 | 264 | ||||
| Computer expenses |
484 | 765 | ||||
| Depreciation | 2,637 | 324 | ||||
| Independent examiners |
fee | 2,272 | 1,346 | |||
| 23,187 | 12,651 | |||||
| Net (expenditure)/income | ||||||
| Net (expenditure)/income | is stated after charging/(crediting); | |||||
| 2022 | 2021 | |||||
| Depreciation of |
tangible | fixed assets | 2,637 | 324 |
| Staff costs | |||
|---|---|---|---|
| The total staff costs and employee | benefits for the reporting | period are analysed as follows: | |
| 2022 | 2021 f |
||
| Wages and salaries | 129,983 | 105,131 | |
| Social security costs | 4,298 | 2,886 | |
| 134,281 | 108,017 |
| 11. | Tangible fix | ed assets | ||
|---|---|---|---|---|
| Office and | ||||
| computer | ||||
| equipment | ||||
| Cost | ||||
| At 1 April 2021 | 54,439 | |||
| Additions | 200 | |||
| At 31 March | 2022 | 54,639 | ||
| Depreciation | ||||
| At 1 April 2021 | 44,575 | |||
| Charge for the year | 2,637 | |||
| At 31 March | 2022 | 47,212 | ||
| Carrying amount |
||||
| At 31 March | 2022 | 7,427 | ||
| At 31 March | 2021 | 9,864 | ||
| 12. | Debtors | |||
| 2022 | 2021 | |||
| f | ||||
| Prepayments | and accrued income | 1,114 | 1,647 |
| 13. | Creditors: Amounts | falling due within one year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Trade creditors | 84 | 200 | ||
| Accruals and deferred | income | 2,417 | 1,350 | |
| Other creditors | 12,124 | |||
| 14,625 | 1,550 |
| Restricted funds | |||||
|---|---|---|---|---|---|
| Transfer | |||||
| At 1 April | between | At 31 March | |||
| 2021 f |
Income | Expenditure 6 |
funds | 2022 | |
| Training Project |
970 | 761 | (1,631) | 100 | |
| Tenants Support |
1,297 | 6,960 | (7,051) | 1,206 | |
| Supplementary School |
17,658 | 14,181 | (19,313) | 12,526 | |
| Multicultural Festival |
10,774 | 10,774 | |||
| Police and Crime | |||||
| Commissioner | 583 | 9,559 | (10,142) | ||
| Carers Project | 10,032 | 20,087 | (17,596) | 12,523 | |
| Realising Ambitions |
35,938 | 150 | (36,088) | ||
| Seeds for Change | 18,679 | 18,679 | |||
| Social Prescribing | |||||
| Service | 109,119 | (37,176) | 71,943 | ||
| Miscellaneous Projects |
11,862 | 11,450 | (17,534) | 5,778 | |
| Euro Legacy | 10,000 | (4,715) | 5,285 | ||
| 216,912 | 73,148 | (151,246) | 138,814 | ||
| Transfer | |||||
| At 1 April | between | At 31 March | |||
| 2020 | Income | Expenditure | funds | 2021 | |
| 6 | 6 | 6 | |||
| Training Project |
1,246 | 13,078 | (13,354) | 970 | |
| Tenants Support |
105 | 9,556 | (8,364) | 1,297 | |
| Supplementaiy School |
4,796 | 24,091 | (11,229) | 17,658 | |
| Multicultural Festival |
1,774 | 9,000 | 10,774 | ||
| Police and Crime | |||||
| Commissioner | 4,395 | 7,996 | (11,808) | 583 | |
| Carers Project | 14,907 | 7,460 | (12,335) | 10,032 | |
| Realising Ambitions |
27,789 | 42,677 | (34,528) | 35,938 | |
| Seeds for Change | 18,679 | 18,679 | |||
| Social Prescribing | |||||
| Service | 113,000 | (3,881) | 109,119 | ||
| Miscellaneous Projects |
7,462 | 27,548 | (23,148) | 11,862 | |
| 62,474 | 273,085 | (118,647) | 216,912 |
| Unrestricted | funds | ||||||
|---|---|---|---|---|---|---|---|
| Transfer | |||||||
| At 1 April | between | At | 31 March | ||||
| 2021 | Income f |
Expenditure 6 |
funds 6 |
2022 | |||
| General | 98,852 | 81,176 | (58,623) | (20,000) | 101,405 | ||
| Designated | Premises | ||||||
| Fund | 40,000 | 20,000 | 60,000 | ||||
| 138,852 | 81,176 | (58,623) | 161,405 | ||||
| Transfer | |||||||
| At 1 April | between | At | 31 March | ||||
| 2020f | Income 8 |
Expenditure | funds | 2021 F |
|||
| General | 30,754 | 98,589 | (30,491) | 98,852 | |||
| Designated | Premises | ||||||
| Fund | 40,000 | 40,000 | |||||
| 70,754 | 98,589 | (30,491) | 138,852 |
| Unrestricted | Unrestricted | Designated | Designated | Restricted | Restricted | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds 6 |
Fundsf | 2022 | ||||||||||
| Tangible | fixed assets | 3,560 | 3,867 | 7,427 | |||||||||
| Net current | assets | 97,845 | 60,000 | 134,947 | 292,792 | ||||||||
| Net assets | 101,405 | 60,000 | 138,814 | 300,219 | |||||||||
| As at 31 | March | 2021 | |||||||||||
| Unrestricted | Designated | Restricted | Total Funds | ||||||||||
| Funds | Funds 6 |
Fundsf | 2021 6 |
||||||||||
| Tangible | fixed assets | 4,880 | 4,984 | 9,864 | |||||||||
| Net current | assets | 93,972 | 40,000 | 211,928 | 345,900 | ||||||||
| Net assets | 98,852 | 40,000 | 216,912 | 355,764 | |||||||||
| 16. | Operating | lease commitments | |||||||||||
| The total | future | minimum | lease payments | under non-cancellable | operating | leases are as | follows: | ||||||
| 2022 | 2021 | ||||||||||||
| f | |||||||||||||
| 4,457 | 4,457 | ||||||||||||
| 17. | Related parties | ||||||||||||
| There have | been no related | party transactions | in this or | the previous repoAing |
year. |