| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 5 |
| Report ofthe Independent Auditors |
6 | to | 8 |
| Statement ofFinancial Activities | |||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | 11 | to | 24 |
| Detailed Statement ofFinancial Activities | 25 | to | 26 |
| TRUSTEES | Mrs SM Collins | ||||
|---|---|---|---|---|---|
| Mrs EA Holmes | |||||
| Mrs SNunnerley | |||||
| Mrs C M Lewis | |||||
| Mrs JSpencer | |||||
| D LMorgan | |||||
| JQ Perks, Financial | Director | ||||
| Ms LJPeniston, | Chair | ||||
| RMartin | |||||
| Mrs M A Sherrey | |||||
| Mrs SA Walton | |||||
| RN Hood (appointed | 19.10.20) | ||||
| REGISTERED | OFFICE | Hanover House | |||
| 1 Hanover Street | |||||
| Bromsgrove | |||||
| Worcestershire | |||||
| B617JH | |||||
| REGISTERED | COMPANY | 05230659 (England | and Wales) | ||
| NUMBER | |||||
| REGISTERED | CHARITY | NUMBER | 1106209 | ||
| AUDITORS | Curo Professional | Services Ltd, Statutory Auditors | |||
| Curo House | |||||
| Greenbox | |||||
| Westonhall Road |
|||||
| Bromsgrove | |||||
| Worcestershire | |||||
| B604AL | |||||
| SOLICITORS | mfg Solicitors | ||||
| 1 High Street | |||||
| Bromsgrove | |||||
| B618EZ | |||||
| BANKERS | Lloyds Bank pic | ||||
| 112High Street | |||||
| Bromsgrove | |||||
| B618EZ |
| for the Yea | r Ended 31March 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | 2021 | 2020 | ||||
| Restricted | Total | Total | ||||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME | AND ENDOWMENTS FROM | |||||
| Donations | and legacies | 46,776 | 61,122 | 107,898 | 70,324 | |
| Charitable | activities | |||||
| Toprovide | support to young people who are in | |||||
| crisis | 262,257 | 262,257 | 345,972 | |||
| Investment | income | 3,564 | 3,564 | 3233 | ||
| Other income | 430 | 430 | 2,792 | |||
| Total | 50,770 | 323,379 | 374,149 | 422,321 | ||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Toprovide | support to young people who are in | |||||
| crisis | 344,501 | 344,501 | 331,195 | |||
| NET INCOME/(EXPENDITURE) | 50,770 | (21,122) | 29,648 | 91,126 | ||
| Transfers | behveen funds |
15 | 7,718 | (7,718) | ||
| Net movement in funds |
58,488 | (28,840) | 29,648 | 91,126 | ||
| RECONCILIATION OFFUNDS |
||||||
| Total funds brought forward | 175,616 | 240,619 | 416,235 | 325,109 | ||
| TOTAL FUNDS CARRIED FORWARD | 234,104 | 211,779 | 445,883 | 416,235 |
| Balance Sheet | |||||
|---|---|---|---|---|---|
| 31March 2021 | |||||
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 1,649 | 1,649 | 2,199 | ||
| CURRENT ASSETS | |||||
| Debtors | 12 | 15,512 | 15,512 | 8,059 | |
| Cash at bank and in hand | 227,127 | 211,779 | 438,906 | 417,154 | |
| 242,639 | 211,779 | 454,418 | 425,213 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (10,184) | (10,184) | (11,177) | |
| NET CURRENT ASSETS | 232,455 | 211,779 | 444,234 | 414,036 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 234,104 | 211,779 | 445,883 | 416,235 | |
| NET ASSETS | 234,104 | 211,779 | 445,883 | 416,235 | |
| FUNDS | 15 | ||||
| Unrestricted funds |
234,104 | 175,616 | |||
| Restricted funds | 211,779 | 240,619 | |||
| TOTAL FUNDS | 445,883 | 416,235 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2021 | 2020 | |
| Donations | 106,836 | 68,649 |
| Gift aid | 1,062 | 1,675 |
| 107,898 | 70,324 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Bromsgrove District Council |
20,000 | 35,000 | ||
| Worcestershire County Council |
85,000 | |||
| The National Lottery Community |
Fund (formerly BigLottery Fund) | 108,806 | 119,385 | |
| The Eveson Charitable Trust |
10,000 | |||
| Garfield Weston Foundation | 75.000 | |||
| Albert Hunt Trust | 5,000 | |||
| Worcestershire Children First |
99,642 | 16,607 | ||
| BDCFloating Support | 15,000 | |||
| Vinci Foundation | 2,956 | |||
| Worcestershire Community Foundation |
4,309 | |||
| BDCDefia Fund | 10,044 | |||
| Worcestershire CC Emergency |
Covid Fund | 1,000 | ||
| Tesco | 500 | |||
| 262,257 | 345,972 | |||
| CHARITABLE ACTIVITIES | COSTS | |||
| Expenditure on Charitable activities comprises: |
||||
| 2021 | 2020 | |||
| Direct costs ofCharitable activities |
212,609 | 245.672 | ||
| Support costs: | ||||
| Management | 128,062 | 81,535 | ||
| Finance | 830 | 710 | ||
| Governance | 3,000 | 3,278 | ||
| 131,892 | 85,523 | |||
| Total expenditure on Charitable |
expenditure | 344,501 | 331,195 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Auditors' | remuneration | 3,000 | 3,278 | |
| Depreciation -owned assets |
550 | 215 | ||
| Amounts | payable to auditor for other | financial services | 4,200 | 4,321 |
| Operating | lease payments recognised |
as an expense | 12,172 | 12,172 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Administrative | 2 | 2 | ||
| Project workers | 7 | 7 | ||
| Conununity fundraiser |
1 | 1 | ||
| 10 | 10 | |||
| 2021 | 2020 | |||
| Wages and salaries | 225,912 | 191,904 | ||
| Social security | costs | 15,367 | 12,798 | |
| Other pension | costs | 8,822 | 8,241 | |
| 250,101 | 212,943 | |||
| No employees | received emoluments | in excess off60,000. |
| 10. | COMPARATIVES F | ORTHE STATEMENT OFFINA | NCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
34,016 | 36,308 | 70,324 | ||
| Charitable activities |
|||||
| To provide support to young people who are in | |||||
| crisis | 345,972 | 345,972 | |||
| Investment income |
3233 | 3,233 | |||
| Other income | 2,792 | 2,792 | |||
| Total | 40,041 | 382,280 | 422,321 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Toprovide support to young people who are in | |||||
| crisis | 56,007 | 275,188 | 331,195 | ||
| NET INCOME/(EXPENDITURE) | (15,966) | 107,092 | 91,126 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 191,582 | 133,527 | 325,109 | ||
| TOTAL FUNDS CARRIED FORWARD | 175,616 | 240,619 | 416,235 | ||
| 11. | TANGIBLE FIXEDASSETS | ||||
| Fixtures | |||||
| and | |||||
| fittings | |||||
| COST | |||||
| At 1 April 2020 and 31 | March 2021 | 9,188 | |||
| DEPRECIATION | |||||
| At I April 2020 | 6,989 | ||||
| Charge for year | 550 | ||||
| At 31March 2021 | 7,539 | ||||
| NET BOOKVALUE | |||||
| At 31March 2021 | 1,649 | ||||
| At 31March 2020 | 2,199 |
| 12. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Other debtors | 9,904 | 2,466 | ||
| Prepayments | and accrued income | 5,608 | 5,593 | |
| 15,512 | 8,059 | |||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Social security and other taxes | 4,042 | 4,807 | ||
| Other creditors | 1,342 | 1,315 | ||
| Accmals and | defeiTed income | 4,800 | 5,055 | |
| 10,184 | 11,177 |
| 2021 | 2020 | |
|---|---|---|
| Within one year | 1,014 | 12,172 |
| Between one and five years | 1,014 | |
| 1,014 | 13,186 |
| MOVEMENT IN FUN | DS | |||||||
|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||||
| Unrestricted funds |
||||||||
| General fund | 175,616 | 50,770 | 7,718 | 234,104 | ||||
| Restricted funds | ||||||||
| Private tenancy scheme | 3,616 | 3,616 | ||||||
| Restructuring reserve |
1,267 | 1,267 | ||||||
| Lloyds Bank Foundation | 16,666 | 16,666 | ||||||
| Forward Housing Association | 100,126 | 100,126 | ||||||
| The National Lottery Community |
Fund | 28,104 | 1,259 | 29,363 | ||||
| Help through Crisis |
7,718 | (7,718) | ||||||
| Worcestershire County |
Council | Community | ||||||
| Grant | 5,000 | (5,000) | ||||||
| The Eveson Charitable | Trust | 5,833 | (5,833) | |||||
| Garfield Weston Foundation | 75,000 | (25,000) | 50,000 | |||||
| Albert Hunt Trust | 5,000 | (5,000) | ||||||
| Worcestershire Children |
First | 7 | (7) | |||||
| Western Power Fund | 1,886 | 1,886 | ||||||
| Vinci Foundation | 562 | 562 | ||||||
| Community Lottery Emergency |
Fund | 228 | 228 | |||||
| Worcestershire Community |
Foundation | 2,840 | 2,840 | |||||
| BDCDefra Fund | 4,225 | 4,225 | ||||||
| Worcestershire CC Emergency |
Covid Fund | 1,000 | 1,000 | |||||
| 240,619 | (21,122) | (7,718) | 211,779 | |||||
| TOTAL FUNDS | 416,235 | 29,648 | 445,883 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 50,770 | 50,770 | |||||
| Restricted funds | |||||||
| Lloyds Bank Foundation | 25,000 | (25,000) | |||||
| Bromsgrove District Council |
20,000 | (20,000) | |||||
| The National Lottery Community |
Fund | 108,806 | (107,547) | 1,259 | |||
| Help through Crisis |
19,200 | (11,482) | 7,718 | ||||
| Floating Support Reseive | 15,000 | (15,000) | |||||
| Worcestershire County |
Council | Community | |||||
| Grant | (5,000) | (5,000) | |||||
| The Eveson Charitable | Tiust | (5,833) | (5,833) | ||||
| Garfield Weston Foundation | (25,000) | (25,000) | |||||
| Albert Hunt Trust | (5,000) | (5,000) | |||||
| Worcestershire Children |
First | 99,642 | (99,649) | (7) | |||
| Western Power Fund | 9,950 | (8,064) | 1,886 | ||||
| Vinci Foundation | 2,956 | (2,394) | 562 | ||||
| Community Lottery Emergency |
Fund | 5,613 | (5,385) | 228 | |||
| Worcestershire Community |
Foundation | 4,309 | (1,469) | 2,840 | |||
| BDCDefra Fund | 10,044 | (5,819) | 4,225 | ||||
| Worcestershire CC Emergency |
Covid Fund | 1,000 | 1,000 | ||||
| Defra Food Bank | 1,359 | (1,359) | |||||
| Tesco Grant | 500 | (500) | |||||
| 323,379 | (344,501) | (21,122) | |||||
| TOTAL FUNDS | 374,149 | (344,501) | 29,648 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.4.19 | in funds | 31.3.20 | ||||
| Unrestricted funds |
||||||
| General fund | 191,582 | (15,966) | 175,616 | |||
| Restricted funds | ||||||
| Private tenancy scheme | 5,616 | (2,000) | 3,616 | |||
| Website maintenance | and development | 1,518 | (1,518) | |||
| Hemy Smith Charitable | Tmst | 8,334 | (8,334) | |||
| Restructuring reserve |
1,267 | 1,267 | ||||
| Lloyds Bank Foundation | 16,666 | 16,666 | ||||
| Fonvard Housing Association | 100,126 | 100,126 | ||||
| The National Lottery | Community | Fund | 28,104 | 28,104 | ||
| Worcestershire County |
Council | Community | ||||
| Grant | 5,000 | 5,000 | ||||
| The Eveson Charitable | Trust | 5,833 | 5,833 | |||
| Garfield Weston Foundation | 75,000 | 75,000 | ||||
| Albert Hunt Trust | 5,000 | 5,000 | ||||
| Worcestershire Children |
First | 7 | 7 | |||
| 133,527 | 107,092 | 240,619 | ||||
| TOTAL FUNDS | 325,109 | 91,126 | 416,235 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 40,041 | (56,007) | (15,966) | |||
| Restricted funds | ||||||
| Private tenancy scheme | (2,000) | (2,000) | ||||
| Website maintenance and |
development | (1,518) | (1,518) | |||
| Hemy Smith Charitable | Trust | (8,334) | (8,334) | |||
| Lloyds Bank Foundation | 25,000 | (25,000) | ||||
| Bromsgrove District Council |
20,000 | (20,000) | ||||
| Worcestershire County |
Council | 75,000 | (75,000) | |||
| The National Lottery Community | Fund | 119,365 | (91,261) | 28,104 | ||
| Help through Crisis |
11,308 | (11,308) | ||||
| Floating Support Reserve | 15,000 | (15,000) | ||||
| Worcestershire County |
Council | Community | ||||
| Grant | 10,000 | (5,000) | 5,000 | |||
| The Eveson Charitable | Trust | 10,000 | (4,167) | 5,833 | ||
| Garfield Weston Foundation | 75,000 | 75,000 | ||||
| Albert Hunt Trust | 5,000 | 5,000 | ||||
| Worcestershire Children |
First | 16,607 | (16,600) | 7 | ||
| 382,280 | (275,188) | 107,092 | ||||
| TOTALFUNDS | 422,321 | (331,195) | 91,126 |
| Net | Transfers | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| movement | between | At | |||||||
| At 1.4.19 | in funds | funds | 31.3.21 | ||||||
| Unrestricted funds |
|||||||||
| General fund | 191,582 | 34,804 | 7,718 | 234,104 | |||||
| Restricted funds | |||||||||
| Private tenancy scheme | 5,616 | (2,000) | 3,616 | ||||||
| Website maintenance | and development | 1,518 | (1,518) | ||||||
| Hem' Smith Charitable |
Trust | 8,334 | (8,334) | ||||||
| Restructuring reserve |
1,267 | 1,267 | |||||||
| Lloyds Bank Foundation | 16,666 | 16,666 | |||||||
| Forward Housing Association | 100,126 | 100,126 | |||||||
| The National Lottery | Community | Fund | 29,363 | 29,363 | |||||
| Help through Crisis |
7,718 | (7,718) | |||||||
| Garfield Weston Foundation | 50,000 | 50,000 | |||||||
| Western Power Fund | 1,886 | 1,886 | |||||||
| Vinci Foundation | 562 | 562 | |||||||
| Community Lottery Emergency |
Fund | 228 | 228 | ||||||
| Worcestershire Community |
Foundation | 2,840 | 2,840 | ||||||
| BDCDefra Fund | 4,225 | 4,225 | |||||||
| Worcestershire CC Emergency |
Covid Fund | 1,000 | 1,000 | ||||||
| 133,527 | 85,970 | (7,718) | 211,779 | ||||||
| TOTAL FUNDS | 325,109 | 120,774 | 445,883 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 90,811 | (56,007) | 34,804 | ||||
| Restricted funds | |||||||
| Private tenancy scheme | (2,000) | (2,000) | |||||
| Website maintenance and development |
(1,518) | (1,518) | |||||
| Heniy Smith Charitable | Tmst | (8,334) | (8,334) | ||||
| Lloyds Bank Foundation | 50,000 | (50,000) | |||||
| Bromsgrove District Council |
40,000 | (40,000) | |||||
| Worcestershire County |
Council | 75,000 | (75,000) | ||||
| The National Lottery Community | Fund | 228,171 | (198,808) | 29,363 | |||
| Help through Crisis |
30,508 | (22,790) | 7,718 | ||||
| Floating Support Reserve | 30,000 | (30,000) | |||||
| Worcestershire County |
Council | Community | |||||
| Grant | 10,000 | (10,000) | |||||
| The Eveson Charitable | Trust | 10,000 | (10,000) | ||||
| Garfield Weston Foundation | 75,000 | (25,000) | 50,000 | ||||
| Albert Hunt Trust | 5,000 | (5,000) | |||||
| Worcestershire Children |
First | 116,249 | (116,249) | ||||
| Western Power Fund | 9,950 | (8,064) | 1,886 | ||||
| Vinci Foundation | 2,956 | (2,394) | 562 | ||||
| Community Lotteiy Emergency |
Fund | 5,613 | (5,385) | 228 | |||
| Worcestershire Community |
Foundation | 4,309 | (1,469) | 2,840 | |||
| BDCDefia Fund | 10,044 | (5,819) | 4,225 | ||||
| Worcestershire CC Emergency |
Covid Fund | 1,000 | 1,000 | ||||
| Defra Food Bank | 1,359 | (1,359) | |||||
| Tesco Grant | 500 | (500) | |||||
| 705,659 | (619,689) | 85,970 | |||||
| TOTAL FUNDS | 796,470 | (675,696) | 120,774 |
| North Worcestershire | North Worcestershire | Basement Pro'ects | ||
|---|---|---|---|---|
| Limited | ||||
| Detailed Statement of | Financial Activities | |||
| for the Year Ended 31March 2021 | ||||
| 2021 | 2020 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and legacies |
||||
| Donations | 106,836 | 68,649 | ||
| Gift aid | 1,062 | 1,675 | ||
| 107,898 | 70,324 | |||
| Investment income |
||||
| Deposit account | interest | 3,564 | 3,233 | |
| Charitable activities |
||||
| Grants | 262,257 | 345,972 | ||
| Other income | ||||
| Other income | 430 | 2,792 | ||
| Total incoming | resources | 374,149 | 422,321 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Wages | 167,175 | 171,200 | ||
| Social security | 11,372 | 10,439 | ||
| Pensions | 6,529 | 6,796 | ||
| Fundraising costs |
8,118 | |||
| Training | 1,632 | 2,312 | ||
| Workshop costs |
129 | 2,047 | ||
| Payments ofgrants received on behalf ofthird | ||||
| parties | 12,581 | 44,760 | ||
| Travel expenses | 3,917 | |||
| Food bank expenses | 8,574 | |||
| Legal and professional | fees | 700 | ||
| 212,609 | 245,672 | |||
| Support costs | ||||
| Management | ||||
| Wages | 58,737 | 20,704 | ||
| Social security | 3,995 | 2,359 | ||
| Pensions | 2,293 | 1,445 | ||
| Rates and water | 261 | 435 | ||
| Insurance | 3,381 | 3,249 | ||
| Carried forward | 68,667 | 28,192 |
| Detailed Statement ofFinancial Activities | Detailed Statement ofFinancial Activities | ||
|---|---|---|---|
| for the Year Ended 31March 2021 | |||
| 2021 | 2020 | ||
| Management | |||
| Brought forward | 68,667 | 28,192 | |
| Light and heat | 3,174 | 4,116 | |
| Telephone | 3,524 | 1,901 | |
| Printing, postage and stationery | 1,069 | 898 | |
| Marketing and advertising |
233 | 215 | |
| Sundry expenses | 4,301 | 1,619 | |
| Travel expenses | 4,022 | ||
| Rent | 12,172 | 12,172 | |
| Cleaning and refuse collection |
1,361 | 2,078 | |
| Repairs and maintenance | 2,095 | 454 | |
| Computer expenses |
7,887 | 3,810 | |
| Security | 1,915 | 2,310 | |
| Subscription s | 3,716 | 4,171 | |
| Legal and professional | fees | 189 | 9,416 |
| Accountancy fees |
4,200 | 4,062 | |
| Expenses paid on behalf ofclients | 12,503 | 803 | |
| Storage costs | 1,056 | 1,296 | |
| 128,062 | 81,535 | ||
| Finance | |||
| Bank charges | 280 | 495 | |
| Depreciation oftangible | fixed assets | 550 | 215 |
| 830 | 710 | ||
| Governance costs |
|||
| Auditors' remuneration |
3,000 | 3,278 | |
| Total resources expended | 344,501 | 331,195 | |
| Net income | 29,648 | 91,126 |