2023-03-31-accounts

							Page
Trustees' annual report (incorporating				the	director's	report)
Independent	auditor's	report to	the members				15
Statement	offinancial	activities	(including		income and
expenditure	account)
Statement	offinancial	position					20
Statement	ofcash flows						21
Notes to the financial		statements					22

Reference	and administrative	and administrative	and administrative	details
Registered	charity	name		Multistory
Charity registration		number		1116214
Company	registration		number	06910607
Principal office and		registered		1st Floor
office				Town Hall
				Lodge Road
				West Bromwich
				West Midlands
				B706DY
The trustees
				M Singh Gill
				L Kilbride
				S Newman
				R Sandhu				(Appointed	27 April 2022)
				R Short
				T Spurgin				(Appointed	27 July 2022)
				P Sutton
				C Wells
				BBeghal				(Appointed	19October 2022)
				ECook				(Appointed	19October 2022)
Company	secretary			Caron Wright
Auditor				Muras Baker Jones Limited
				Chartered accountants			8 statutory	auditor
				Regent House
				Bath Avenue
				Wolverhampton
				West Midlands
				VN/1 4EG
Bankers				Co-operative	Bank
				TSBBank
				Lloyds Bank
				West Bromwich		Building	Society

			Note	Unrestricted	Restricted	2023	2022
				funds	funds	Total	Total
					E	6
Income from:
Grants received			2	257,568		257,568	257,569
Charitable activities			3	1,000	166,056	167,056	133,845
Other trading activities			4	173		173	604
Investments			5	752		752	265
				259,493	166,056	425,549	392,283
Expenditure on:
Charitable activities			6	239,049	168,451	407,500	356,936
Net income for the	year			20,444	(2,395)	18,049	35,347
Gross transfer between		funds	13
Net movement in funds				20,444	(2,395)	18,049	35,347
Reconciliation offunds
Total funds brought	forward			271,922	7,075	278,997	243,650
Fund balances at the end ofthe
year			13	292,366	4,680	297,046	278,997

Incomes	from grants
			2023 f	2022 F
Sandwell	Metropolitan	Borough Council	114,166	114,166
Arts Council England			143,402	143,403
			257,568	257,569

haritable activitie	s
						2023	2022
						6	6
Sandwell Council:	Green Roots					10732
Wednesbury High	Street Heritage		Zone (Yr1)				2,300
Wednesbury High	Street Heritage		Zone (Yr2)				66,186
Wednesbury High	Street Heritage		Zone (Yr3)			114,480
We Don't Settle						1,250	3,750
SCVO Vision 2030 Community		Grants Programme					4,980
Historic England:	Everyday Heritage			Grants		3,717
Birmingham 2022	Festival					26,735	48,264
Creative Black Country/Multistory			Participation		in
Advisory Board						1,000	2,000
Newave Education							6,365
Sandwell Council:	WHSHAZ Banners					4,975
Generations						4,167
						167,056	133,845

Total resources expended
	Core
	activities	Projects	Governance	2023	2022
	F	E	E	F.	F
Wages, salaries and
sessional workers	178,515	109,877		288,392	232,766
Pension costs	6,390			6,390	3,949
Project delivery		43,615		43,615	34,898
Recruitment and training	911			911	3,146
Rent and rates	5,946			5,946	13,113
Insurance	4,723			4,723	4,149
Office maintenance	465			465	501
Printing and stationary	1,397			1,397	1,608
Marketing and publicity	7,689	2,931		10,620	23.081
Computer costs	8,886			8,886	7,841
Telephone and postage	1,776			1,776	1,545
Travelling	956	1,033		1,989	1,154
Professional fees	16,502			16,502	14,147
Audit costs			6,300	6,300	5,392
Sundry expenses	1,868			1,868	801
Organisational development	5,025			5,025	7,060
Depreciation offixed assets	2,695			2,695	1,785
	243,744	157,456	6,300	407,500	356,936

	2023 f	2022
Salaries and wages	166,149	133,002
Social security	12,366	9,298
Pension costs	6,390	5,266
	184,905	147,566

The average was:	num	ber of employees during the year	, calculated on the basis of full time	equivalent
			2023	2022
			No.	No.
Management	and	projects	4	4

9.	Fixed assets Year e	nded 31 March 2023
		Office
		furniture
		and audio
		visual	Computer
		equipment	equipment	Total
		6	F	F
	Cost
	At April 2022	14,611	22,791	37,402
	Additions
	At 31 March 2023	14,611	22,791	37,402
	Depreciation
	At 1 April 2022	12,378	19,223	31,601
	Charge for the year	809	1,886	2,695
	At March 2023	13,187	21,109	34,296
	Net book value
		1,424	1,682	3,106
	At 31 March 2023'
	At 31 March 2022	2,233	3,568	5,801
10.	Debtors
			2023	2022
			E.
	Trade debtors		12,878
			12,878

Creditors: amounts due	within	one y	ear
					2023	2022
Trade creditors					11,600	10,130
Social security and other	taxation				4,439	3,473
Accruals					6,830	6,330
Other creditors —VAT					11,678	1,660
					34,547	21,593
Funds
	Balance	as	Incoming	Resources	Transfers	Balance as
		at	resources	expended		at
	01.04.2022 f		F	6		31.03.2023 F
SCVO Vision 2030
Community Grant
Programme	4,980			300		4,680
Birmingham 2022
Festival	2,095		26,735	28,836
Sandwell Council:
Green Roots			10,732	10,732
Wednesbury High
Street Heritage			114,480	114,480
Action Zone
We Don't Settle			1,250	1,250
Historic England:
Everyday Heritage
Grants Programme			3,717	3,717
Sandwell Council
WHSHAZ Banners			4,975	4,975
Generations			4,167	4,167
	7,075		166,056	168,451		4,680
General funds	271,922		259,493	239,049		292,366
	278,997		425,549	407,500		297,046

Funds —	Pr	io	r Year
					Balance	as				Balance	as
					at 01.04.2021		Incoming resources	Resources expended	Transfers	at 31.03.2022
					6		F	E	6	6
Wednesbury			High	Street
Heritage		Action		Zone
(Yr1)					2,795		2,300	5,095
SCVO Vision			2030
Community		Grants
Programme Birmingham		2022 Festival					4,980 48,264	46,169		4,980 2,095
Wednesbury			High	Street
Heritage		Action		Zone
(Yr2)							66,186	66,186
Newave	Education						6,365	6,365
We Don't	Settle						3,750	3,750
					2,795		131,845	127,565		7,075
General	funds				240,855		260,438	229,371		271,922
					243,650		392,283	356,936		278,997

Analysis of net asset betwee	n funds
	Unrestricted	Restricted
	funds	funds	2023	2022
	E		E	E
Fixed assets	3,106		3,106	5,801
Net current assets	289,260	4,680	293,940	273,196
	292,366	4,680	297,046	278,997

Analysis of net asset betwee	n funds —prior year
	Unrestricted	Restricted
	funds	funds	2022	2021
		F	E	E
Fixed assets	5,801		5,801	3,616
Net current assets	266,121	7,075	273,196	240,034
	271,922	7,075	278,997	243,650

Total	future minimum lease payments under	non-cancellable operating leases are as fo	llows.
		2023	2022
		E	F
Other	leases
Within	1 year	437	437
2 —5	years	910	1,347

Audi	tor's remuneration
		2023	2022
		E	E
Audit	fee	6,300	5,250

Reconciliations of	ne	t expenditure	to net cash flow from	operating activities
				2023	2022
				E
Net income for the year				18,049	35,347
Interest receivable				(752)	(265)
Depreciation oftangible		fixed assets		2,695	1,785
Decrease/(increase)	in	debtors		(12,878)	75,286
(Decrease)/increase	in	creditors		12,454	(714)
Net cashflow/(outflow)		from operating	activities	19,568	111,439