|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|10|
|Report ofthe Independent
Auditors|||11|to|13|
|Statement of Financial|Activities|||||
|Balance Sheet||||15||
|Notes to the Financial|Statements||16|to|21|
|Detailed Statement of|Financial|Activities|22|to|23|
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|RISK|||||||MANAGEMENT||ACTION||
|---|---|---|---|---|---|---|---|---|---|---|
|WAITS fails|to|achieve objectives|||||Ensure monitoring
of business|Br|CEO and Trustees||
|and targets|outlined||in business||plan||operational
plan at Business Planning||||
||||||||Sub-Group
meetings
and Trustee Board||||
||||||||meetings||||
||||||||Gather information
for evaluation
and||CEO, Operations||
||||||||monitoring
ofWAITS services through||Co-ordinator|and Staff|
||||||||WAITS outcomes
and activities|database|||
||||||||Carry out monthly
staff supervisions
to||CEO, Operations||
||||||||ensure staff targets are on schedule
and||||
||||||||monitor||Co-ordinator||
||||||||staff development
programme||||
||||||||||Operations||
||||||||Ensure regular communication|of issues|Co-ordinator||
||||||||or challenges
at weekly staff meetings||||
|Inadequate|revenue||funding|in the|||Fundraising
strategy
in place -|monitored|CEO and Trustees||
|short, medium||and long term|||||at Trustee Board meetings||||
||||||||Reserves
Policy in place and monitored||CEO and Trustees||
||||||||Fundraiser
in place||CEO and Trustees||
|Inadequate|funding||for the groups|||we|Fundraising
strategy
in place developing||||
|are working|with||||||partnerships
and commissioning||CEO and Trustees||
||||||||opportunities
with public sector||||
||||||||Income Generation
Strategy
in|place. Monitored|CEO and Trustees||
||||||||by Trustees||||
|High staff turnover|||||||Ensure ongoing
communication|with staff and|CEO and Operations||
||||||||management||Co-ordinator||
||||||||||Operations||
||||||||Document
supervisions
and team meetings||Co-ordinator||
||||||||Secure funding
in place||CEO and Trustees||
||||||||||Operations||
|WAITS workers||unable to meet|||||Staff development
programme||Co-ordinator||
|delivery of operational|||plan due||||||||
|to limited capacity|||||||Ensure regular
progress checks|with staff|CEO and Operations||
||||||||||Co-ordinator||
||||||||||Operations||
||||||||Document
supervisions
and team meetings||Co-ordinator||
||||||||Agree corrective action referring|to the|CEO and Operations||
||||||||operational
plan including
possibility of||Co-ordinator||
||||||||existing or new resources taking|on some|||
||||||||ofthe work||||
##
##
||||||||Consider||additional|contingencies
to deliver|contingencies
to deliver|contingencies
to deliver|contingencies
to deliver||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||outputs|at Board meeting||||||CEO and Trustees|
||||||||Ensure monitoring|||of|outputs||and outcomes and|CEO and Trustees|
||||||||outcomes||in operational|||plan|at Business||
||||||||Planning|sub-group||meetings.|||||
||||||||Additional||monitodng||of Business Planning|||CEO and Trustees|
||||||||Sub-Group||carried|out|at|Board Meetings|||
|WAITS unable to adequately||||monitor|||Ensure quality standards|||||met|||
|and evaluate need,|outputs,
outcomes||||||PQASSO|level 1 in||place||||CEO and Trustees|
|and impact ofworld||territorialism|||by||||||||||
|other stakeholders,|agencies|||and|||||||||||
|referral partners.|||||||||||||||
|Lack ofco-operation||from other|||||Ensure good networks||||and communication|||CEO and Trustees|
|stakeholders,
agencies and referral|||||||systems|with stakeholders,||||agencies and|||
|partners|||||||referral partners||||||||
|REFERENCE AND ADMINISTRATIVE|||||||DETAILS||||||||
|Registered
Company|||number||||||||||||
|07155976 (England|and||Wales)||||||||||||
|Registered
Charity||number|||||||||||||
|1135026|||||||||||||||
|Registered office|||||||||||||||
|235 Dudley Road|||||||||||||||
|Winson Green|||||||||||||||
|Birmingham|||||||||||||||
|B184EI|||||||||||||||
|Trustees|||||||||||||||
|K Bailey Director|||||||||||||||
|Mrs S gateman
Treasurer|||||||||||||||
|M L Cadogan
Director|||||||||||||||
|D Labassiere
Director|||||||||||||||
|D S Matharoo
Chair (resigned||||10.11.20)|||||||||||
|E M Braham Company||Director|||||||||||||
|B K Gill Company
Director|||||||||||||||
|H Slater Legal Representative|||||||||||||||
|T LSwani Chief Executive|||Charitable|||Trust|(appointed|21.7.20)|||||||
|Company Secretary|||||||||||||||
|Mrs M Lewinson|||||||||||||||
|Auditors|||||||||||||||
|Nicklin
Audit Limited|||||||||||||||
|Chartered
Accountants|||||||||||||||
|Statutory
Auditors|||||||||||||||
|Church
Court|||||||||||||||
|Stourbridge
Road|||||||||||||||
|Halesowen|||||||||||||||
|West Midlands|||||||||||||||
|863 3TT|||||||||||||||
##
##
##
##
##
##
##
##
|for the year ended 3|1March 202|1||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||17,922|357,761|37S,683|316,019|
|Charitable
activities||||||||
|Charitable
activities||||||||
|||||49,929||49,929|79(897|
|Other trading
activities||||284||284|497|
|Investment
income||||24||24||
|Total||||68,159|357,761|425,920|396,413|
|EXPENDITURE ON||||||||
|Raising funds||||23,749||23,749|27,836|
|Charitable activities||||||||
|Charitable
activities||||||||
|||||37,489|268,597|306,086|253,464|
|Total||||61,238|268,597|329,835|281,300|
|NET INCOME||||6,921|89,164|96,085|115,113|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||66,302|105,448|171,750|56,637|
|TOTAL FUNDS CARRIED FORWARD||||73,223|194,612|267,835|171,750|
##
##
|Balance Sheet
31March 2021|||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|I|I|I|I|
|FIXEDASSETS|||||||
|Tangible assets||9|6,040|10,000|16,040|1,879|
|CURRENT ASSETS|||||||
|Debtors||10|7,810|43,489|51,299|29,901|
|Cash at bank and|in hand||78r999|141&123|220&122|157399|
||||86~809|184)612|271~421|187(300|
|CREDITORS|||||||
|Amounts
falling due within one year||11|(19,626)||(19,626)|(17,429)|
|NET CURRENT ASSETS|||67,183|184,612|251,795|169,871|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||73,223|194,612|267,835|171,750|
|NET ASSETS|||73,223|194,612|267,835|171I750|
|FUNDS||12|||||
|Unrestricted
funds|||||73I223|66,302|
|Restricted funds|||||194,612|105I448|
|TOTAL FUNDS|||||267,835|171,750|
##
##
##
##
##
##
|for t
3.|he year ended 31 March 202
INVESTMENT INCOME|1|||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
||Deposit account interest||24||
|4.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated aRer charging/(crediting):|||
||||2021f|2020f|
||Auditors'
remuneration||2,000||
||Depreciation
- owned assets||5,672|2,019|
##
##
|STAFF COSTS||||||||
|---|---|---|---|---|---|---|---|
|||||||2021f|2020f|
|Wages and salaries||||||168,867|126,84S|
|Social security costs||||||9,308|6,248|
|Other pension costs||||||4,204|3,037|
|||||||182,379|136,130|
|The average
monthly|number of|employees||during the year was|as follows:|||
|||||||2021|2020|
|Staff||||||8|7|
|No employees
received emoluments|||in excess ofE60,000.|||||
|COMPARATIVES FOR THE STATEMENT||||OF FINANCIAL ACTIVITIES||||
||||||Unrestricted|Restricted|Total|
||||||fundf|fund
E|funds
E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||||169,413|146,606|316,019|
|Charitable activities||||||||
|Charitable
activities||||||||
||||||79,897||79,897|
|Other trading
activities|||||497||497|
|Total|||||249,807|146,606|396,413|
|EXPENDITURE ON||||||||
|Raising funds|||||27,836||27,836|
##
##
|to the Financial Statements
- continued
year ended 31 March 2021|to the Financial Statements
- continued
year ended 31 March 2021|to the Financial Statements
- continued
year ended 31 March 2021|to the Financial Statements
- continued
year ended 31 March 2021|to the Financial Statements
- continued
year ended 31 March 2021||||
|---|---|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||- continued|||
|||||Unrestricted
Restricted|||Total|
|||||fund||fund|funds|
|||||E||E|E|
|Charitable|activities|||||||
|Charitable
activities||||||||
|||||156,010
97,454|||253,464|
|Total||||183I846
97,454|||281,300|
|NET INCOME||||65,961
49,152|||115,113|
|RECONCILIATION|||OF FUNDS|||||
|Total funds|brought forward||||341|56,296|56,637|
|TOTAL FUNDS||CARRIED FORWARD||66,302||105(448|17II750|
|DONATIONS||||||||
|||||Unrestricted||Restricted|Total Funds|
|||||Funds||Funds|2021|
|Donations||||||||
|General donations||||17,922|||17,922|
|Grants||||||||
|Lloyds Bank Foundation||||||44,604|44,604|
|Big Lottery||||||117,612|117,612|
|Oak Foundation||||||81,989|81,989|
|Henry Smith||||||40,800|40,800|
|Nationwide||||||||
|Trusthouse||||||26,000|26,000|
|MHCLG||||||36,756|36,756|
|Garfield Weston||||||10,000|10,000|
|||||17922||357761|375 683|
|||||Unrestricted||Restricted|Total Funds|
|||||Funds||Funds|2020|
|Donations||||||||
|General
donations||||39,910|||39,910|
|Grants||||||||
|Harborne
Parish||Lands||3,243|||3,243|
|Lloyds Bank Foundation||||33,000|||33,000|
|Big Lottery||||||78,707|78,707|
|Nationwide||||||47,170|47,170|
|Oak Foundation||||||43,489|43,489|
|Henry Smith||||||40,600|40,600|
|Awards for All||||9,900|||9,900|
|Trusthouse||||||20,000|20,000|
|||||86 053||229rr|~31
1|
|for t|he year ended 31 March 2021|he year ended 31 March 2021||||
|---|---|---|---|---|---|
|9.|TANGIBLE FIXEDASSETS|||||
||||Fixtures|||
||||and|Computer||
||||fittings
f|equipment
f|Totals
f|
||COST|||||
||At 1April 2020||37,719||37,719|
||Additions|||19,833|19,833|
||At 31March 2021||37,719|19,833|57,552|
||DEPRECIATION|||||
||At 1 April 2020||35,840||35,840|
||Charge for year||714|4,958|5,672|
||At 31March 2D21||36,554|4,958|41,512|
||NET BOOK VALUE|||||
||At 31March 2021||1,165|14,875|16,040|
||At 31March 2020||1,879||IJ879|
|10.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2021|2020|
|||||E|E|
||Prepayments|||51,299|29,901|
|11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
|||||E|f|
||Trade creditors|||7,862|8,717|
||Social security and other|taxes||4,797|4,145|
||Net wages control||||41|
||Other creditors|||6,967|4,526|
|||||19,626|17,429|
|12.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||||f|E|f|
||Unrestricted
funds|||||
||General
fund||66,302|6,921|73,223|
||Restricted funds|||||
||Restricted||105,448|89,164|194,612|
||TOTAL FUNDS||171,75D|96,085|267,835|
##
|Net movemen|t
|in funds,
in|cluded|in|th|e above|are as fo|llo|ws:||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Incoming|Resources|Movement|
|||||||||||resources
f|expended
f|in funds
E|
|Unrestricted|funds||||||||||||
|General
fund||||||||||68,159|(61,238)|6,921|
|Restricted funds|||||||||||||
|Restricted||||||||||357r761|(268,597)|89,164|
|TOTAL FUNDS||||||||||425,920|(329,835)|96,085|
|Comparatives||for movement||in|funds||||||||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1.4.19|in funds|31.3.20|
|||||||||||f|f|f|
|Unrestricted|funds||||||||||||
|General
Fund||||||||||341|65,961|66,302|
|Restricted funds|||||||||||||
|Restricted||||||||||56,296|49,152|105,448|
|TOTAL FUNDS||||||||||56,637|115,113|171,750|
|Comparative|net|movement|in funds,||included||in the above are as follows:||||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources
E|expended
f|in funds
E|
|Unrestricted|funds||||||||||||
|General
fund||||||||||249,807|(183,846)|65,961|
|Restricted funds|||||||||||||
|Restricted||||||||||146,606|(97,454)|49,152|
|TOTAL FUNDS||||||||||396,413|(281,300)|115,113|
|Details regarding||the above|movements|||In relation to 2021|||are as shown
below:||||
|||||||||||||Balance at|
|||||Balance at
E|||1.4.20|Income
f||Expenditure
E|Transfer|31.3,21
E|
|General Fund:|||||||66,302||68,159|(61I238)||73,223|
||||||||66,302||68,159|(61,238)||73,223|
|Restricted funds:|||||||||||||
|Henry Smith|||||||20,131||40,800|(27,165)||33,766|
|Big Lottery|||||||34,459||117,612|(99,015)||53,056|
|MHCLG|||||||||36,756|(18,955)||17,801|
##
##
|MOVEMENT I|N FUNDS - contin|ued||||
|---|---|---|---|---|---|
|Oak Foundation||25,667|81,989|(64,167)|43,489|
|Trusthouse||7,588|26,000|(2,791)|30,797|
|Other restricted|funds|17,603|54,604|(56,504)|15,703|
|||105,448|357,761|(268,597)|194,612|
|Total||171,750|425,920|(329,835)|267,835|
##
##
##
|for the year ended 3|1 March|2021||||
|---|---|---|---|---|---|
|||||2021I|2020I|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Donations||||35,922|39,911|
|Grants||||339,761|276,108|
|||||375,683|316,019|
|Other trading activities||||||
|Fundraising
events||||284|497|
|Investment
income||||||
|Deposit account interest||||24||
|Charitable
activities||||||
|Sundry income from|charitable|activities||2I423|400|
|Rent and contribution|for women's||refuge|47,506|79,497|
|||||49,929|79,897|
|Total incoming
resources||||425,920|396I413|
|EXPENDITURE||||||
|Raising donations|and legacies|||||
|Legal and professional||||19,543|23,150|
|Other trading activities||||||
|Purchases||||1,028||
|Event costs||||2,389|1,675|
|Advertising||||789|3,011|
|||||4,206|4,686|
|Charitable
activities||||||
|Wages||||168,867|126,845|
|Social security||||9,308|6,248|
|Pensions||||4,204|3,037|
|Rates and water||||6,526|5,861|
|Insurance||||2,885|1,560|
|Light and heat||||5,620|5,795|
|Telephone||||7,874|3,950|
|Sundries||||11,963|1,039|
|Rent||||45,726|38,882|
|Repairs||||4,010|5,957|
|Other property
costs||||291|314|
|Travel and subsistence||||1,091|5,149|
|Legal and professional||||10,036|25,081|
|Office costs||||11,632|11,777|
|Training||||8,381|9,950|
|Fixtures and fittings||||714|2,019|
|Computer
equipment||||4,958||
|||||304,086|253,464|
|Detailed Statement
of Financial
Activities
for the year ended 31 March 2021|||
|---|---|---|
||2021|2020|
||6|E|
|Support costs|||
|Governance costs|||
|Auditors'
remuneration|2,000||
|Total resources expended|329,835|281,300|
|Net income|96,085|115,113|