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||||Page|
|---|---|---|---|
|Trustees'
report|||1-5|
|Independent
examiner's||report||
|Statement offinancial|activities||7|
|Balance sheet||||
|Notes to the accounts|||9-18|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021 .|
|||'Notes|R.||||
|Income and endowments|from:||||||
|Donations
and legacies||3.|4,603|67,207|71,810|53,808|
|Charitable
activities||4|711||711|705|
|Investments||5|1||1|3|
|Other income||6||||7,037|
|Total income|||5,315|67,207|72,522|61,553|
|Ex enditure on:|||||||
|Raising funds||||5,040|5,040||
|Charitable
activities|||||||
|General
running
costs|||84,567|7,213|91,780|137,156|
|Fixed asset depreciation|||41,131||41,131|41,131|
|Muhammad
Ali Centre project||||38,038|38,038|39,807|
|Total charitable
expenditure|||125,698|45,251|170,949|218,094|
|Total resources expended|||125,698|50,291|175,989|218,094|
|Net (exp'enditure)/income|for the year/||||||
|Net movement
in funds|||(120,383)|' 16,916|' (103,467)|(156,541)|
|Fund balances at 1 April 2021|||620,442|'100,748|721,190|877,731|
|Fund balances at 31 March 2022|||500,059|117,664|617,723|721,190|
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|||||||2022|||2021||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|E|||||
||Fixed assets||||||||||
||Tangible assets||||12||974,487|||1,015,618|
||Current assets||||||||||
||Debtors||||13|758|||7„632||
||Cash at bank and in|hand||||177,773|||202,708||
|||||||178,523||'|210,340||
||Creditors: amounts|falling||due within|||||||
||one year|||||(191,579)|||(391,826)||
||Net current liabilities||||||(13,056)|||(181,486)|
||Total assets less current||liabilities||||961,431|||834,132|
||Creditors: amounts|falling||due after|||||||
|,|more than one year||||||(343,708)|||(112,942)|
||Net assets||||||617,723|||721,190|
||Income funds||||||||||
||Restricted funds||||17||117,664|||100,748|
||Unrestricted
funds||||||500,089|||620,442|
||||||||617,723|||721,190|
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|Leasehold|land and buildings|- not depreciated|(see note below)|
|---|---|---|---|
|Leasehold|improvements|-over 50years|(or lease term ifshorter)|
|Equipment||-25% on cost||
|Fixtures and fittings||-25%on cost||
|Computers||-25% on cost||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|Donations|and gifts||4,603|—|4,603|1,708|
|Grant income||||67,207|67,207|52,100|
||||4,603|67,207|71,810|53,808|
|Forthe year||ended 31 March 2021|46,074|7,734||53,808|
|Grants receivable for core activities|||||||
|Asda||||I||600|
|Groundworks||UK||67,207|67,207||
|Birmingham||City Council - COVID rates relief||||25,000|
|Birmingham||City Council - COVID-19 Response||||20,000|
|Heart of England||||||5,000|
|COVID-19|Response|||||1,500|
|||||67,207|67,207|52,100|
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|||||2022|2021|
|---|---|---|---|---|---|
||Solar panel|income||711|705|
|5|Investments|||||
|||||2022|2021|
|||||F||
||Interest receivable||||3|
|6|Other income|||||
|||||Total|Restricted|
||||||funds|
|||||2022|2021|
||Other income.||||7,037|
|7|.Raising funds|||||
|||||Restricted|Total|
|||||funds||
|||||2022f|2021|
||Fundraisin|and|ublici|||
||Advertising|||5,040||
|||||5,040||
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|Expenditure|on charita|ble|activities||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||General|||Muhammad||||
|||||running|Fixed asset|||All Centre|||
|||||costs
f|depreciation|f||Project|2022f|2021|
|Management|expenses|||44,081|||||44,081|8,305|
|Professional|fees|||||||38,038|38,038|41,805|
|Volunteer expenses||||2,216|||||2,216|3,589|
|Subscriptions||||720|||||720|660|
|Property repairs and maintenance||||9,701|||||9,701|1,083|
|, Rates||||3,856|||||3,856|1,432|
|Utilities||||3,474|||||3,474|29|
|Other||||||||||809|
|Irrecoverable|debt provision||Re KECT|||||||92,244|
|||||64,048||||38,038|102,086|149,956|
|Support costs (see note||9)||27,732|41,131||||68,863|68,138|
||||||||I||||
|||||91,780|41,131||.|38,038|170,949|218,094|
|Support costs|||||||||||
||||||||||2022|2021|
||||||||||E||
|Depreciation|||||||||41,131|41,131|
|Rent|||||||||24,000|24,000|
|Independent|examination|fees|||||||3,474|3,000|
|Bank charges||||||||||7|
|Loan interest|payable||||||||258||
||||||||||68,863|68,138|
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|Tangible fix|ed assets,||||||||
|---|---|---|---|---|---|---|---|---|
|||Leasehold|Leasehold|Equipment|Fixtures and|Computers||Total|
|||land and|improvements,|1|fittings||||
|||buildings|||||||
|Cost|||||||||
|At 1 April 2021||427,720|1,015,341|36,248|13,228|18,158|.|1,510,695|
|At 31 March|2022|427,720|1,015,341|36,248|13,228|18,158||1,510,695|
|Depreciation|and impairment||||||||
|At 1 April 2021|||428,992|36,248|13,228|16,609||495,077|
|Depreciation|in year||40,614|||517||41',131|
|At 31 March|2022||469,606|36,248|13,228|17,126||536,208|
|Carrying
amount|||||||||
|At 31 March|2022|427,720|545,735|||1,032,||974,487|
|At 31 March|2021|427,720|586,349|||1,549||1,015,618|
|Debtors|Debtors|||
|---|---|---|---|
|Amounts
falling due, within one year:||2022f|202'i
R.|
|Other debtors||600|6,000|
|Prepayments|and accrued income|150|1,632|
|||750|7,632|
|Loans and overdrafts||||
|||2022|2021|
|Bank loans||12,516|14,723|
|Other loans|||233,839|
|||12,516|248,562|
|Payable
within|one year|2,959|235,932|
|Payable after|one year|9,557|12;630|
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|Creditors: amounts
falling due within one year|||
|---|---|---|
||2022f|2021|
|Bank loans|2,959|2,093|
|Trade creditors|8,766||
|Other creditors||233,839|
|Accruals|179,854|155,894|
||191,579|391,826|
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|Creditors:|amounts
f|alling due after more than|one year|||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f|
|Bank loans|||14|9,557|12,630|
|Community|Investment|Scheme||i 46,941|46,941|
|Other creditors||||287,210|53,371|
|||||343,708|112,942|
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||||Movement|in funds|||
|---|---|---|---|---|---|---|
|||Balance at 1|Incoming|Resources|Balance at 31||
|||Api'il 2021|'resources|.expended|March 2022||
|Building Project||5,465||||5,465|
|Muhammad|Ali Centre project|88,640|67,207|(45,049)||110,798|
|SUEZ||6,643||(5,242)|.|1,401|
|||100,748|67,207|(50,291)||117,664|
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|Analysis of net assets|between funds||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||2022|2022|2022|' 2021|2021|2021|
|Fund balances at 31|||||||
|March 2022 are|||||||
|represented
by:|||||||
|Tangible assets|974,487||974,487|1,015,618||1,015,618|
|Current assets/(liabilities)|(130,720)|117,664|(13,056)|(282,234)|100,748|(181,486)|
|Long term liabilities|(343,708)||(343,708)|(112,942)|-|(112,942)|
||500,059|117,664|617,723|620,442|100,748|721,190|
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