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|||Page|
|---|---|---|
|Report ofthe Trustees||2to9|
|Independent<br>Examiner's|Report||
|to the Trustees ofAccess|to Business|10|
|Statement of Financial Activities|||
|Balance Sheet||12to 13|
|Statement ofCash Flow||14|
|Notes to the Financial Statements||15to 21|





|Recommended<br>Practice applicable<br>to c<br>Financial<br>Reporting<br>Standard<br>applicable<br>January 2015).|Recommended<br>Practice applicable<br>to c<br>Financial<br>Reporting<br>Standard<br>applicable<br>January 2015).|Recommended<br>Practice applicable<br>to c<br>Financial<br>Reporting<br>Standard<br>applicable<br>January 2015).|harities<br>preparing<br>their ac<br>in the UK and Republic|<br>counts<br>in acco<br> of Ireland (FR|
|---|---|---|---|---|
|REFERENCE AND ADNIINISTRATIYE|||DETAILS||
|Registered|Company|number|05084674 (England|and Wales)|
|Registered|Charity number||1138761||
|Registered|office||The Curve||
||||81 Tempest Street||
||||Wolverhampton||
||||West Midlands||
||||VW2 1AA||
|Trustees|||JCasey —Co Chair||
||||C Briggs —Co-Chair||
||||M Russell - Resigned|on 15/06/2022|
||||R Tinsley||
||||C Williams-Findlay||
||||Paul Wynn||
|Independent|Examiner||DAW White Murrall||
||||1 George Street||
||||Snow Hill||
||||Wolverhampton||
||||VW2 4DG||
|Accountant|||lan Gregory FCA||
||||DAW White Murrall||
||||I George Street||
||||Snow Hill||
||||Wolverhampton||
||||VW2 4DG||
|Solicitors|||Fbc Manby Bowdler||
||||George House||
||||Saint John's Square||
||||Wolverhampton||
||||West Midlands||
||||VW2 4BZ||





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||Note|Restricted funds|Unrestricted|funds|TOTAL|2021|
|---|---|---|---|---|---|---|
|INCOME|||||||
|Donations|||||||
|General donations<br>Charitable<br>activities||||10735|10735|3521|
|Service delivery||0||50675|50675|127262|
|Grants and contracts||832781||52028|884810|594284|
|||832781|113439||946220|725067|
|EXPENDITURE|||||||
|Charitable<br>activities|||||||
|Service provision||862342||40181|902523|692514|
|||862342||40181|902523|692514|
|NET INCOME||-29561||73258|43697|32553|
|Funds brought forward<br>Transfers<br>between|||332175||332175|299622|
|funds||29561|-29561||||
|Funds carried forward|||375872||375872|332175|





## 

## 

|Fixed Assets|Fixed Assets|||Note||2022||2021|
|---|---|---|---|---|---|---|---|---|
||Tangible||Fixed||||||
||Assets|||||259926||267146|
|Current Assets|||||||||
||Debtors|||10|123480||93961||
||Cash at|bank|||221411||208581||
||||||344891||302542||
|Creditors|||||||||
||Amounts|falling due|||||||
||within one||year||-27226||-33188||
||Deferred|Income|||-55390||-47040||
||||||-82615||-80228||
|Net Current Assets||||||262276||222314|
|Long|term liabilities||||||||
||Creditors:||amounts||||||
||falling||||||||
||due in more than||||||||
||one year|||||-146329||-157286|
|Net Assets||||||375873||332175|
|Funds||||12|||||
||Restricted||funds|||0||0|
||Unrestricted||funds|||375873||332175|
|||||||375873||332175|





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||||2022||2021|
|---|---|---|---|---|---|
|Cash flows from o eratin|activities|||||
|Net income|||43697||32553|
|Adjustments<br>for||||||
|Depreciation<br>oftangible<br>fixed assets||7220||7220||
|Increase/decrease|in debtors|-29519||-362||
|Increase/decrease|in creditors|2389||18658||
||||-19910||25516|
|Net cash provided<br>by operating<br>activities|||23787||58069|
|Cash flows from financial|activities|||||
|Repayments<br>of borrowings|||-10957||-23984|
|Net increase/decrease<br>in cash<br>Cash at beginning<br>ofyear|||12830<br>208581||34086<br>174495|
|Cash at end ofyear|||221411||208581|





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|3|Income from Charitable|Income from Charitable|Activities|Activities|Restricted|Unrestricted|Total|2021|
|---|---|---|---|---|---|---|---|---|
||Grants and contracts||||||||
||City Economy|Fund|||68500||68500|69500|
||Community<br>Renewal|||Funds|30400||30400|0|
||Ebay|||||||4002|
||ERDF||||218342||218342|239457|
||Less claim for|partners|||-62341||-62341|-68395|
||HoE||||14500||14500|36995|
||John Lewis Fund||||21465||21465|0|
||Kick Start|||||24628|24628|0|
||STW||||148?56||148756|150369|
||Public Heath Covid Awareness||||||0|9990|
||Black Country|Futures|||64823||64823|50110|
||Local Giving —Community||||||||
||Match||||||0|4641|
||MCHLG Covid|Awareness|||283270||283270|21015|
||Relight||||3570||3570|0|
||Santander||||12500||12500|0|
||Social Ent Fund||||||0|15000|
||WVSC|||||12000|12000|30000|
||Warburtons||||2500||2500|7500|
||Western<br>Power||||9996||9996|0|
||NatWest||||16500||16500|5000|
||National<br>Lottery —Life|||On Line|||0|10000|
||A2B|||||15400|15400|9100|
||||||832781|52028|884810|594284|
||||||Charitable|Support|||
|4|Charitable<br>Activity|costs|||activities|costs|Total|2021|
||Client support||||266290||266290|22827|
||Premises|||||23691|23691|14010|
||Office costs|||||46026|46026|51411|
||Staff costs||||520768|45609|566377|545505|
||Management<br>fees||||63576|-63437|140|58760|
||||||850634|51889|902523|692513|





## 

||Net Income|/expenditure|is shown after|is shown after|charging:|charging:||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||Depreciation|-owned assets||||||7220|7220|
||Independent|Examiners|fee|||||690|600|
|6|Trustees'<br>Remuneration||and benefits|||||||
||No Trustee <br>2021 - NIL )|received any|remuneration||or benefits||(|||
||No trustees|were reimbursed||any expenses||(2021-||||
||NIL )|||||||||
|7|Staff costs|||||||2022|2021|
||Salaries|||||||503577|488478|
||Pension<br>contributions|||||||10020|8982|
||Social Security costs|||||||41?67|35987|
|||||||||555364|533447|





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||COST|||~Buildin|~Buildin|s|Office<br>RUJI—"<br>~cctn<br>uters<br>~and|Office<br>RUJI—"<br>~cctn<br>uters<br>~and|Fittin s|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|
||At 1st April 2020||||361008||20890||39426|421324||
||At 31st March|2022|||361008||20890||39426|421324||
||DEPRECIATION|||||||||||
||At 1st April 2020||||93861||20890||39426|154177||
||Charge for the|year|||7220|||||7220||
||At 31st March|2022||101081|||20890||39426|161397||
||NET BOOK VALUE|||||||||||
||At 31st March|2022||259927|||||0|259927||
||At 31st March|2020||267147|||||0|267147||
|9|Debtors||||||2022||||2021|
||Debtors||||||109850||||89?18|
||Prepayments||||||13630||||3881|
||||||||123480||||93599|
|10|Creditors|||||||||||
||Amounts<br>fallin|due|within one|ear|||2022||||2021|
||Bank loans and|overdrafts|||||11410||||11001|
||Social security|and|taxes||||1201||||9385|
||Deferred income||||||55390||||12002|
||Accrued expenses||||||14615||||28735|
||||||||82615||||61123|
||Amounts<br>fallin|due|after more than <br>Bank loans due||one|ear|2022||||2021|
||||within 2 to 5years<br>Bank loans due in||||51297||||49431|
||||more than 5years||||95032||||132284|
||||||||146329||||181715|





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||11|Movement<br>in Funds|As at<br>~tat A<br>rii<br>2021|As at<br>~tat A<br>rii<br>2021|Income|Claimed<br>on behalf<br>of<br>partners|Match<br>~fundin|~Ex endi-<br>ture|Transfer|As at<br>31st<br>March<br>2022|
|---|---|---|---|---|---|---|---|---|---|---|
|||Restricted funds|||||||||
|||BC Futures|||64823|||-61949|-2873||
|||Comm Renewal|||30400|||-29490|-910||
|||ERDF<br>ERDF match|||218342<br>68500|-62341||-295383|139381<br>-68500||
|||HOE|||14500||||14500||
|||MCHLG Covid|||283270|||-283270|||
|||S2W|||148756|||-149080|324||
|||John Lewis|||283270|||-21932|467||
|||Others|||45066|||-23237|-23828||
|||||0|895122|-62341|0|-862342|29561||
|||Unrestricted<br>funds|||||||||
|||General funds|332175||113439|||-40181|-29561|375872|
||||332175||113439||0|-40181|-29561|375872|
|||Total Funds|332175||1008561|-62341|0|-902523|0|375872|
|12||Analysis ofnet assets|between|funds|||||||
||||Unrestricted<br>funds|||Restricted|funds|Total|2021||
|||Fixed Assets|||259926|||259926|267146||
|||Current Assets|||331397|||331397|302542||
|||Current<br>Liabilities|||-216391||-216391||-237514||
||||||374932||0|374932|332175||





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|13|Comparative|Statement of|Financial|Activities||||
|---|---|---|---|---|---|---|---|
|||||2022||2021||
||INCOME|||Total|Restricted|Unrestricted|Total|
||Donations|||||||
||General|donations|2|10735||3521|3521|
||Charitable<br>activities|||||||
||Service|delivery||50675||127262|127262|
||Grants|and contracts|3|884810|516192|78092|594284|
|||||946220|516192|208875|725067|
||EXPENDITURE|||||||
||Charitable<br>activities|||||||
||Service|provision||902523|618014|74500|692514|
|||||905523|608014|74500|692514|
||NET INCOME|||43697|-101822|134375|32553|
||Funds brought|forward||332175|0|299622|299622|
||Transfers<br>between<br>funds||||108122|-101822||
||Funds carried|forward||375872||332175|332175|