2023-03-31-accounts - Working Actively To Change Hillfields Limited

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Contents		Page
Company information
Trustees' Annual Report		3-5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		9-13

					Nates	Restrict -	Unrestric-	2023	2022
						ed	tati
						6	6
INCOMING RESOURCES
Charitable Activities							156	156
General Fund (including	donations)						3,727	3,727	3,438
HMRC Furlough									1,241
ESF -Accelerate Proiect						81,246		81,246	75,392
4 Com Group							3,797	3,797
Su&meed						61,942		61,942	53968
Ambition2						6,702		6,702	21 357
BBCChildren in Need									41,098
BBCChildren in Need -Inspiring			Fut	urea		47,326		47,326	29,980
Radio Statian Advertising							468	468	2,083
Clothworkers Fund						40,000		40,000
CCC - Peace							1,250	1,250	1,400
City Of culture						8,600		8,600
Coventry City Council							1,853	1,853
Coventry University							1,350	1,350
CC - Engagement Support									10,688
HAF -Easter						698		698	6,279
HAF - Summer						10,770		10,770	25,210
HAF-Xmas						4,150		4,150	5,170
HAF - Spring						3,017		3,017
Citizen Local Fund						5,000		5,000
Connect 2									14,053
Decathlon External									674
Groundworks						3,984		3,984	18,402
Hope for Common Workshop						2,725		2,725
Think Active						3000		3,000
Routes 2						32,971		32,971	26,239
Ofcom						10,875		10,875
Positive Images									500
CC- West Midlands VRU									1,000
Violence Reduction Unit	- Comm		Ch	ampions					20,992
Venue Hire							6,882	6,882	7,558
Your Vision Your Future						67,437		67,437
Library Grant - Deferred	income						400	400	400
Rental Income - CCC Library							11,000	11,000	11,000
						390,443	30,883	421,326	378,122
RESOURCES EXPENDED
Cost ofCharitable Activities
Staff costs (including training)					(2)	293,865	10,954	304,819	322,082
Radio statloii costs							4,607	4,607	6,864
Miscellaneous - inc Protects		costs				19,397		19,397	8,353
Equipment and software							'l4,117	14,117	7,508
Depreaation							13,791	13,791	7,977
Subscriptions, Newspapers, Payroll and consultancy fees		Magazines					2,410 988	2,410 988	1,233
Bank charges							297	297	272
Loan interest							1,715	1,715	829
Insurance							1,791	1,791	1,624
Rates							1,198	1,198	585
Light and heat							5,834	5,834	6,053
Cleaning							1,265	1,265	2,658
Property repairs and maintenance Postage and stationery Telephone and internet						29,746	5,670 2,791	29,746 5,670 2,791	16,421 3,544 5,114
Office equipment hire							2,880	2,880	2,140
						343,008	70,308	413,316	393,257
Governance costs
Professional charges Total resources expended						343,008	2,520 72,828	2,520 415,836	2,400 395,657
NET INCOMING RESOURCES						47,435	-41,945	5,490	-17,535
Revaluation Reserves								67,000	67,000
Fund Balances at 1stApnl 2022						110,604	233,572	344,176	357,711
Transfer ofreserves						156		156
Fund Balances at 31st March		2023

C m n Li Balance Sheet	mi as	at 31st grantee
			Notes		2023		2022
							6
Fixed assets
Tangible assets					251,374		263,931
Current assets
Debtors			4	39,622		70,232
Cash at bank and	in hand		5	184,334		130,592
				223,956		200,824
Creditors: amounts		falling due within
one year			6	(14,269)		(7,454)
Net current assets/(liabilities)					209,687		193,370
Total assets less	current liabilities				461,061		457,301
Creditom: amounts		falling due after one
year			7		(44,551)		(46,125)
Net assets					416,510		411,176
Funds
Restricted funds			12		157,883		110,604
Unrestricted funds			13		191,627		233,572
Revaluation Reserves			3		67,000		67,000
					416,510		411,176

Notes to the accounts for th	e year ended 3	1stMarch 20	23
	2023	2022
Accounts and Administration	2	2
Management	1	1
Service Providers	8	9
		12
3Tangible Fixed Assets
	Office	Land &	Total
	Equipment	Buildings
Cost		6	8
1st April 2022	250,900	250,000	500,900
Additions	1,234
Cost at 31st March 2023	252,134	250,000	500,900
Accumulated Depreciation
Balance at 1stApril 2022	216,969	20,000	236,969
Depreciation in year	8,791	5,000	13,791
Balance at 31st March 2023	225,760	25,000	250,760
Net BookValue
At 31st March 2023	26,374	225,000	251,374
At 31st March 2022	33,931	230,000	263,931

n	n				,
4Debtors				2023	2022
					6
Grant	providers			38,025	68,713
Donations				1,539
Staff	loan				1,519
Telephone		rebate claim		58
				39,622	70,232
5Cash at		Bank and in	Hand	2023	2022
				6
Unity	Trust	Current Account		178,800	125,668
Santander		Account		4,605	4,605
Cash	in Hand			929	319
				184,334	130,592
6Creditors: Amounts			faliing Due Within One Year
				2023	2022
				6
Other	Creditors			8,824	2,361
Accrued Expenses				2,520	2,400
Bank	Loan	- Unity		2,924	2,693
				14,268	7,454

7Credito	rs: Amount	s	falling Du	e After One Year
					2023		2022
					8		K
Bank Loan - Unity					26,551		27,725
Deferred	income - Capital Grant				18,000		18,400
					44,551		46,125
8 Leasing	Commitments
The charity's annual		commitments		for rental payments	under	non-cancellable		operating	leases at 31st March
2022 were as set out		below:
					2023		2022
					F		6
Operating	leases which		expire:
within one year
within two	to five years		(photocopier)		1	382	1 382
					1	382	1 382

				Balance	~lncomin	Outtuoing	Balance
			01/04/22	Resources	Resources	Transfer	31/03/23
			6
Membership	reserves		156			(156)
Ambition2			21,357	6,702	28,059
Succeed			9,309	61,942	37,474		33,777
BBCChildren	in Need		25,206	47,326	47,223		25,309
ESF - Accelerate			50,389	81,246	69,008		62,627
Clothworkers	fund			40,000	40,000
Citizen Local	Fund			5,000			5,000
City ofculture				8,600	8,600
Hope for Community		Workshops		2,725			2,725
Groundworks			14,105	3,984	18,089
HAF -Easter, 22				698	698
HAF -spring				3,017			3,017
HAF - Summer				10,770	10,770
HAF-Xmas				4,150	4,150
Ofcom				10,875			10,875
Routes 2			28,927	32,971	25,252		36,646
Think Active				3,000	3,000
Transformation			3,600		3,600
YVYF			~42, 445	67,437	47,085		(22,093
			110604	350443	343008	11561	157 883