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|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||||||
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|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|
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|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|
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||||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|
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|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|
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|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|
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||||||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|
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||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|
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|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|
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|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|.|
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|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|
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|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)||
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