2023-03-31-accounts - Access To Business

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		Page
Report ofthe Trustees		2 to 9
independent 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

		ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023	ACCESS TO BUSINESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The trustees		who are also directors ofthe charity forthe purposes ofthe Companies							Act 2006,
present their		report		with the financial statements			ofthe charity for the year ended 31		March 2023.The
trustees	have		adopted the provisions of			the Accounting and Reporting		by Charities:	Statement of
Recommended			Practice applicable to charities				preparing their accounts	in accordance		with the
Financial	Reporting			Standard	applicable	in the	UK and Republic of Ireland (FRS102)			(effective 1
January	2015).
REFERENCE			AND	ADMINISTRATIVE		DETAILS
Registered		Company number				05084674 (England and Wales)
Registered		Charity		number			1138761
Registered		office					The Curve
							81 Tempest Street
							Wolverhampton
							West Midlands
							WV2 1AA
Trustees							JCasey- Co Chair
							C Briggs —Co-Chair
							M Russell - Resigned	on 15/06/2022
							RTinsley
							C Williams-Findlay
							Paul Wynn
Independent			Examiner			DAW	White Murrall
							1 George Street
							Snow Hill
							Wolverhampton
							WV2 4DG
Accountant							lan Gregory FCA
							DAW White Murrall
							1 George Street
							Snow Hill
							Wolverhampton
							WV2 4DG
Solicitors							Fbc Manby Bowdler
							George House
							Saint John's Square
							Wolverhampton
							West Midlands
							WV2 4BZ

		Restricted	Unrestricted
	Note	funds	funds	TOTAL	2022
INCOME
Donations
General donations			5,741	5,741	10,735
Charitable activities
Service delivery			105,739	105,739	50,675
Grants and contracts	3	625,188	28,038	653,226	884,810
		625,188	139,518	764,707	946,220
EXPENDITURE
Charitable activities
Service provision		682,267	84,805	767,073	902,523
		682,267	84,805	767,073	902,523
NET INCOME		(57,079)	54,713	(2,366)	43,697
Funds brought forward			375,872	375,872	332,175
Transfers between funds		49,325	(49,325)
Funds carried forward		7,754	381,260	373,506	375,872

						2023		2022
Fixed Assets
Tangible Fixed Assets						252,706		259,926
Current Assets
Debtors				9	166,713		123,480
Cash at bank					200,123		221,411
					366,835		344,891
Creditors
Amounts	falling due		within one year	10	(47,747)		(27,226)
Deferred	Income				~60,417		~55,390
					~108,164		82,616
Net Current	Assets					258,672		262,276
Long term	liabilities
Creditors:	amounts		falling
due in more		than one year				(137,872)		(146,329)
Net Assets						373,506		375,873
Funds				12
Restricted funds						( 7,754)
Unrestricted		funds				381,260		375,873
						373,506		375,873

Statement ofCash
Flows
for the ear endin 31st March
2023
					2023		2022
Cash flows from o eratin		activities
Net income					( 2,366)		43,697
Adjustments
for
Depreciation	oftangible		fixed assets	7,220		7,220
Increase/decrease		in
debtors				(43,233)		29,519
Increase/decrease		in
creditors				25,548		(2,387)
					(10,465)		34,351
Net cash provided by	operating		activities		(12,831)		78,049
Cash flows from financial		activities
Repayments	of borrowings				(8,457)		(10,957)
Net increase/decrease	in	cash			(21,288)		67,092
Cash at beginning of
year					221,411		208,581
Cash at end ofyear					200,123		221,411

Income from	Charitable	Charitable	Charitable	Charitable	Activities	Activities	Restricted	Unrestricted	Total	Total
Grants and contracts
A2B								7,323	7,323	15,400
Black Country		Futures								64,824
City Economy		Fund					69,000		69,000	68,500
Community	renewal			Fund		—Skills	43,886		43,886	19,772
Community	renewal			Fund		- over 50s navigator	24,961		24,961	6,948
Community	renewal			Fund		—Digital Skills	5,520		5,520	3,680
ERDF							255,941		255,941	218,342
less claimed		on	behalf		of partners		(61,230)		(61,230)	(62,341)
HoE							14,085		14,085	14,500
iSE							5,557		5,557
John Lewis										21,465
Kick Start								3,215	3,215	24,628
Know Your	Neighbourhood						20,000		20,000
MCHLG Covid							8,021		8,021	283,270
National Lottery -			Awards			for All	3,333		3,333
NatWest							20,500		20,500	16,500
Relight										3,570
Santander							53,750		53,750	12,500
Social Enterprise			Support			Fund
STW							161,863		161,863	148,756
Warburtons										2,500
Western Power										9,996
WCC Mind	@Work							10,000	10,000
WVSC								7,500	7,500	12,000
							625,188	28,038	653,226	884,810
							Charitable	Support
Charitable Activity			costs				activities	costs	Total	Total
Client support							38,515		38,515	266,290
Premises								34,529	34,529	23,691
Office costs								48,923	48,923	46,166
Staff costs							568,694	17,005	585,699	566,377
Management	fees						59,045		59,045	140
							666,255	100,458	766,713	902,663

				2023	2022
5	Net Income/Expenditure
	Net Income	/expenditure	is shown after charging:
	Depreciation	- owned assets		7,725	7,220
	Independent	Examiners	fee	690	690

Staffcosts
Salaries	515,428	503,577
Pension contributions	11,275	10,020
Social Security
costs	45,560	41,767
	572,263	555,364

								Office
								~Eui ment	Fixtures
								and	and
	COST			Land and Buildin			s	~corn uters	~Fittin s	Total
	At 1st April 2022				361008			20890	39426	421324
	At 31st March 2023				361008			20890	39426	421324
	DEPRECIATION
	At 1stApril 2022				101081			20890	39426	161397
	Charge for the year					7220				7220
	At 31st March 2023				108301			20890	39426	168617
	NET BOOK VALUE
	At 31st March 2023				252707				0	252707
	At 31st March 2022				259927				0	259927
								2023			2022
9	Debtors
	Debtors							144,756			109,850
	Prepayments							21,956			13,630
								166,713			123,480
10	Creditors
	Amounts fallin	due within	one	ear
	Bank loans and	overdrafts						9,524			11,410
	Social security and taxes							1,257			1,201
	Deferred income							60,417			55,390
	Accrued expenses							36,965			14,615
								108,163			82,616
11	Amounts fallin	due after	more	than one	ear
			Bank loans		due	within	2to 5
			years					(45,687)			( 51,297)
			Bank loans		due	in more than 5
			years					(92,185)			(95,032)
								137,872			146,329

							Claimed	Claimed				As at
							on	behalf				31st
					As at 1st		of					March
11	Movement		in	Funds	April 2022	Income	gartners		~Ex	enditure	Transfers	2023
	Restricted funds
		S2W				161,863				(158,811)	(3,052)
		Comm Renewal				74,368				(70,539)	(3,829)
		ERDF				255,941	(61,230)			(366,054)	171,343
		ERDF
		Match				69,000					(69,000)
		H ofE				14,085					(14,085)
		MCHLG	Covid			8,021				(266)	(7.755)
		Santander				53,750				(48,749)	(5,001)
		NatWest				20,500				(1,556)	(18,944)
		Others				8,890				(8,537)	(353)
						686,148		61,230		674,513	49,325
	Unrestricted		funds
		General	funds		375,872	139,518				(84,805)	(49,325)	381,620
					375,875	139,518				84,805	49,325	381,620
	Total Funds				375.875	825,936		61,230		759,318		381,260
	12	Analysis		ofnet	assets between	funds
								Unrestricted		Restricted
									funds	funds	Total	2022
		Fixed	Assets						252,706		252,706	259,926
		Current		Assets					366,835		366,835	344,891
		Current		Liabilities				(	246,036)		(246,036)	(228,945)
									373,506		373,506	375,873

	Comparative Statement ofFinancial	Comparative Statement ofFinancial	Comparative Statement ofFinancial
13	Activities
				2023	2022
	INCOME			Total	Restricted	Unrestricted	Total
	Donations
		General donations	2	5,741		10,735	10,735
	Charitable
	activities
		Service delivery		105,739		50,675	50,675
		Grants and
		contracts	3	653,226	832,781	52,028	884,810
				764,707	832,781	113,439	946,220
	EXPENDITURE
	Charitable
	activities
		Service provision		767,073	862,342	40,181	902,523
				767,073	862,342	40,181	902,523
	NET INCOME			( 2,366)	( 29,561)	73,258	43,697
	Funds brought forward			375,872		332,175	332,175
	Transfers	between funds			29,561	( 29,561)
	Funds carried forward			373,506		375,872	375,872