2021-03-31-accounts - Working Actively To Change Hillfields Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

WORKING ACTIVELY TO CHANGE HILLFIELDS LIMITED Acom an Limited b Guarantee REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Contents		Page
Company Information
Trustees' Annual Report		2-4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		8-12

WORKING ACTIVELY	WORKING ACTIVELY	TO	TO	CHANGE	CHANGE	CHANGE	HILLFIELDS LIMITED	HILLFIELDS LIMITED	HILLFIELDS LIMITED
A Com an Limited	b		Guarantee
Statement Of Financial		Activities				Income and Ex enditure			Account
for the ear ended 31st		March			2021
					Notes		Restricted	Unrestric		2021	2020
								-ted
INCOMING RESOURCES
Charitable Activities
General Fund								1,537		1,537	4,263
HMRC Furlough							17,268			17,268
ESF - Accelerate Project							61,788			61,788	86,588
ESF —Exceed							262			262	66,276
Succeed							32,302			32,302
BSBT											38,841
BBCChildren in Need							46,260			46,260	46,826
BBCChildren in Need -Inspiring				Futures			29,981			29,981
Radio Station Advertising									680	680	1,336
Transformation											18,778
CCC - Peace								1,250		1,250	750
Coventry City Council								25,000		25,000
Create To Motivate											1,470
Clara Burgess Charity								5,000		5,000
Ccolors Recovery Fund							49,422			49,422
Connect 2							11,620			11,620
Groundworks							9,562			9,562
Nuffield Charitable Trust							906			906
TISS							25,000			25,000
Routes 2							21,497			21,497
Star Academies											3,135
Violence Reduction Unit							10,058			10,058	7,698
Violence Reduction Unit	- Comm			Champion.			7,722			7,722
Venue Hire											10,229
Workers Educational											2,651
Youthworks											2,496
Library Grant —Deferred	Income								400	400	400
Rental Income - CCC Library								11,000		11,000	11,000
Total incoming		resources					323,648	44,867		368,515	302,737
RESOURCES EXPENDED
Cost ofCharitable Activities
Staff costs (including training) Radio station costs					(2)		225,545 3,941			225,545 3,941	216,141 5,592
Sundries							1,711			1,711	8,329
Equipment and software Depreciation							6,392 5,975		398	6,790 5,975	10,858 6,300
Subscriptions, Newspapers, Magazines Payroll and consultancy fees Bank charges Loan interest							1865 1,440 3,926 1,031			1,865 1,440 3,926 1,031	150 856 284 724
Insurance							957	2,028		2,985	2,380
Rates							4,093			4,093	2,780
Light and heat Cleaning Property repairs and maintenance Postage and stationery Telephone and internet Office equipment hire							6,757 3,050 7,054 3,629 5,730 283,096	891 921 4,238		6,757 3,050 7,054 3,629 6,621 921 287,334	5,209 1,484 1,861 3,114 4,774 2,233 273,069
Governance costs
Professional charges Total resources			expended				283,096	2,700 6,938		2,700 290,034	2,100 275,169
NET INCOMING RESOURCES							40,552	37,929		78,481	27,568
Revaluation Reserve										42,000	42,000
Fund Balances at 1st April		2020					96,202	183,028		279,230	251,662
Fund Balances at 31st March 2021							136,754	220,957		399,711	321,230

					Notes		2021		2020
							E		E
Fixed assets
Tangible assets							237,925		243,900
							237,925		243,900
Current assets
Debtors					4	30,050		48,428
Cash at bank and in			hand		5	182,971		78,936
						213,021		127,364
Creditors:		amounts	falling	due within
one year					6	(12,691)		(10,443)
Net current		assets/(liabilities)					200,330		116,921
Total assets less current				liabilities			438,255		360,821
Creditors:		amounts	falling	due after
one year							(38,544)		(39,591)
Net assets							399,711		321,230
Funds
Restricted	funds				12		136,754		96,202
Unrestricted		funds			13		220,957		183,028
Revaluation		Reserve			3		42,000		42,000
							399,711		321,230

Notes to the accounts for t	he year ended 3	1stMarch 2	021
	2021	2020
Accounts and Administration
Management
Service Providers
	10
3Tangible Fixed Assets
	Office	Land 8	Total
	Equipment	Buildings
	E
Cost
1st April 2020	216,917	250,000	466,917
Cost at 31st March 2021	216,917	250,000	466,917
Accumulated Depreciation
Balance at 1st April 2020	213,017	10,000	223,017
Depreciation in year	975	5,000	5,975
Balance at 31st March 2021	213,992	15,000	228,992
Net Book Value
At 31st March 2021	2,925	235,000	237,925
At 31st March 2020	3,900	240,000	243,900

4 Debtors			2021	2020
			29,850	48,428
			200
			30,050	48,428
			2021	2020f
Unity Trust	Current Account		178,321	74,284
Santander	Account		4,605	4,540
Cash in Hand			45	112
			182,971	78,936
8 Creditors: Amounts		falling Due Within One Year
			2021	2020
Other Creditors			5,472	2,908
Taxation 8	Social Security		3,052	3,579
Accrued Expenses			2,400	2,100
Bank Loan	- Unity		1,767	1,856
			12,691	10,443

					2021	2020
						f.
Bank I oan -		Unity			19,744	20,391
Deferred	Income - Capital Grant				18,800	19,200
					38,544	39,591
8 Leasing	Commitments
The charity's		annual	commitments	for rental	payments under	non-cancellable	operating	leases at 31st
March 2021		were as	set out below:
					2021	2020
Operatirtg	leases which expire:
within one year
within two	to	five years (PEAC —photocopier)			689	1,062
					689	1,062

				Balance	~lncomin	~Out	oin	Balance
				01/04/20	Resources	Resources		31/03/21
				F	f.		F
Membership Succeed	reserves*			156 0	0 38,302		0 6,071	156 32,231
BBCChildren	in Need			16,278	46,260	47,877		14,661
BBCChildren in Need - Inspiring ESF —Acceierate			Futures	0 33,468	29,981 66,056	40,407 61,497		-10,426 38,027
ESF - Exceed				27,952	262		28,214	0
Ccolors Recovery Connect2		Fund		0 0	49,422 12,620		40,350 0	9,072 12,620
Groundworks				0	9,562		7,968	1,594
Nuffield Charitable		Trust		0	906		906	0
TISS				0	25,000		25,000	0
Routes 2				0	27,497		0	27,497
Transformation				15,852	0		12,252	3,600
Violence Reduction		Unit P1		0	10,058		10,058	0
VRU - Comm	Champions			0	7,722		0	7,722
Youthworks				2,496	0		2,496	0
				96,202	323,648	283,096		136,754

13.Unrestricted	13.Unrestricted	Funds	Balance	~lncomin	~Out	oin	Transfers	Balance
			01/04/20	Resources	Resources			31/03/21
				F		F		E
General	Funds		183,028	44,867		(6,938)		220,957
			183,028	44,867		(6,938)		220,957
14.Analysis of		Net Assets between	Funds
			Restricted	Unrestricted	Revaluation		Total
				f.
Fixed Assets				195,925		42,000	237,925
Current Assets			187,989	25,032			213,021
Liabilities			(51,235)				(51,235)
			136,754	220,957		42,000	399,711