| Page | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | |||
| Independent examiner's report to the |
trustees | |||||
| Statement of financial |
activities | (including | income and | |||
| expenditure account) |
||||||
| Statement of financial |
position | |||||
| Notes to the financial | statements |
| Reference | and administrative | and administrative | and administrative | and administrative | details | ||
|---|---|---|---|---|---|---|---|
| Registered | charity | name | Smethwick Heritage |
Centre Trust | |||
| Charity registration | number | 1117707 | |||||
| Company | registration | number | 05537789 | ||||
| Principal office and | registered | Smethwick Heritage |
Centre | ||||
| office | Victoria Park Lodge | ||||||
| High Street | |||||||
| Smethwick | |||||||
| West Midlands | |||||||
| B663NJ | |||||||
| The trustees | |||||||
| Mr R Baldwin | |||||||
| Mr C Sutton | |||||||
| Mr P Allen | |||||||
| Ms M Bodfish | |||||||
| Mr G Carpenter | |||||||
| Ms BFleming | |||||||
| Mr A Dowse | (Resigned 24 February 2023) | ||||||
| Ms BFleming | (Resigned 28 September 2023) | ||||||
| Ms M Nori | (Resigned 4August 2023) | ||||||
| Company | secretary | Mr Chrisopher | Sutton | ||||
| Independent | examiner | HAQ 8 CO Chartered | Certified Accountants |
| Year ended 31 Dece | mber | 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 29,309 | 29,309 | 53,264 | ||
| Charitable activities |
6 | 14,051 | 14,051 | 14,290 | ||
| Other trading activities |
7 | 1,030 | 1,030 | 870 | ||
| Other income | 8 | 1,121 | ||||
| Total income | 44,390 | 44,390 | 69,545 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Costs of raising donations | and legacies | 9 | 39,073 | 39,073 | 35,461 | |
| Expenditure on charitable |
activities | 10,11 | 16,535 | 16,535 | 15,945 | |
| Total expenditure | 55,608 | 55,608 | 51,406 | |||
| Net (expenditure)/income | and | net movement | ln funds | (11,218) | (11,218) | 18,139 |
| Reconciliation offunds |
||||||
| Total funds brought forward |
151,548 | 151,548 | 133,409 | |||
| Total funds carried forward | 140,330 | 140,330 | 151,545 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | R | |||
| Fixed assets | ||||
| Tangible fixed assets | 15 | 91,101 | 102,499 | |
| Current assets | ||||
| Debtors | 16 | 2,747 | 1,700 | |
| Cash at bank and in | hand | 54,596 | 56,429 | |
| 57,343 | 58,129 | |||
| Creditors: amounts | falling due within one year | 17 | 8,114 | 9,080 |
| Net current assets | 49,229 | 49,049 | ||
| Total assets less current liabllNes | 140,330 | 151,548 | ||
| Net assets | 140,330 | 151,548 | ||
| Funds ofthe charity | ||||
| Unrestricted funds |
140,330 | 151,548 | ||
| Total charity funds | 21 | 140,330 | 151,548 |
| Donations | and lega | cies | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| F | ||||||
| Donations | ||||||
| Donations | 8,181 | 8,181 | 793 | 793 | ||
| Gifts | ||||||
| Gift Aid tax | reclaimed | 4,221 | 4,221 | 2,840 | 2,840 | |
| Grants | ||||||
| Grants - Government | UK | 2,667 | 2,667 | 34,815 | 34,815 | |
| Subscrlptions | ||||||
| Subscription | s | 14,240 | 14,240 | 14,816 | 14,816 | |
| 29,309 | 29,309 | 53,264 | 53,264 |
| Charitable | activities | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| Sale of goods/services | as part of direct | ||||||
| charitable | activities | 12,400 | 12,400 | 7,597 | 7,597 | ||
| Exhibitions | 6,693 | 6,693 | |||||
| Exceptional | income from charitable | ||||||
| activities | 1,651 | 1„651 | |||||
| 14,051 | 14,051 | 14,290 | 14,290 |
| Unrestricted | Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||||
| Sponsorships | 1,030 | 1,030 | 870 | 870 | |||||
| 8. | Other Income | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| Fees and Supplies | 1,121 | 1,121 | |||||||
| 9. | Costs of raising donations | and legacies | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| R | |||||||||
| Costs of raising donations | and legacies | ||||||||
| - Donations | 39,073 | 39,073 | 35,461 | 35,461 | |||||
| 10. | Expenditure | on charitable | activities by fund | type | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| Direct Costs | 16,535 | 16,535 | 15,945 | 15,945 | |||||
| 11. | Expenditure | on charitable | activities by activity type | ||||||
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly | 2022 | 2021 | |||||||
| Direct Costs | 16,535 | 16,535 | 15,945 | ||||||
| 12. | Net (expenditure)/income | ||||||||
| Net (expenditure)/income | is | stated after | charging/(crediting): | ||||||
| 2022 | 2021 | ||||||||
| Depreciation | oftangible fixed assets | 15,560 | 14,657 |
| Staff cos | ts | ts | |||
|---|---|---|---|---|---|
| The total | staff costs and employee | benefits for the reporting | period are analysed as | follows: | |
| 2022 | 2021 | ||||
| Wages and salaries | 19,284 | 19,187 | |||
| Employer | contributions | to pension | plans | 391 | |
| 19,675 | 19,187 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Long | ||||
| leasehold | Fixtures and | |||
| property | fittings | Total | ||
| Cost | ||||
| At 1 January 2022 Additions |
315,836 | 39,354 4,162 |
355,190 4,162 |
|
| At 31 December 2022 | 315,836 | 43,516 | 359,352 | |
| Depreciation | ||||
| At 1 January 2022 | 214,137 | 38,554 | 252,691 | |
| Charge for the year | 14,528 | 1,032 | 15,560 | |
| At 31 December 2022 | 228,665 | 39,586 | 266,251 | |
| Carrying amount At 31 December 2022 |
87,171 | 3,930 | 91,101 | |
| At 31 December 2021 | 101,699 | 800 | 102,499 | . |
| Debtors | |||
|---|---|---|---|
| 2022 | 202'l | ||
| Trade debtors | 269 | 1,000 | |
| Prepayments and |
accrued income | 1,229 | 700 |
| Other debtors | 1,249 | ||
| 2,747 | 1,700 | ||
| Creditors: amounts falling due within one year |
|||
| 2022 | 2021 | ||
| Trade creditors | 1,268 | 50 | |
| Accruals and deferred income | 6,758 | 8,462 | |
| Social security and other taxes | 87 | 566 | |
| Other creditors | 1 | 2 | |
| 8,114 | 9,080 | ||
| Deferred income | |||
| 2022 | 2021 | ||
| At 1 January 2022 | 7,938 | 7,583 | |
| Amount released | to income | (2,480) | |
| Amount deferred | in year | 355 | |
| At 31 December | 2022 | 5,458 | 7,938 |
| The amounts | recogni | sed in the financial statements for govern |
ment grants are as follow |
s: |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Recognised | in creditors: | |||
| Deferred government | grants due within one year | (2,480) |