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|||Page|
|---|---|---|
|Report ofthe Trustees||2 to 9|
|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|





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|||ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>FOR THE YEAR ENDED 31 MARCH 2023|ACCESS TO BUSINESS<br>REPORT OF THE TRUSTEES<br>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<br>of|||the Accounting<br>and Reporting||by Charities:|Statement of||
|Recommended|||Practice applicable to charities||||preparing<br>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<br>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||||





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|||Restricted|Unrestricted|||
|---|---|---|---|---|---|
||Note|funds|funds|TOTAL|2022|
|INCOME||||||
|Donations||||||
|General donations|||5,741|5,741|10,735|
|Charitable<br>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<br>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<br>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|





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|||||Note|||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|





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|Statement ofCash||||||||
|---|---|---|---|---|---|---|---|
|Flows||||||||
|for the<br>ear endin<br>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<br>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<br>of||||||||
|year|||||221,411||208,581|
|Cash at end ofyear|||||200,123||221,411|





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|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<br>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<br>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|



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|||||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|



## 

|7|Staffcosts|||
|---|---|---|---|
||Salaries|515,428|503,577|
||Pension contributions|11,275|10,020|
||Social Security|||
||costs|45,560|41,767|
|||572,263|555,364|





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|||||||||Office||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||~Eui<br>ment|Fixtures|||
|||||||||and|and|||
||COST|||Land and Buildin|||s|~corn<br>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<br>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<br>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|





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||||||||Claimed|Claimed||||As at|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||on|behalf||||31st|
||||||As at 1st||of|||||March|
|11|Movement||in|Funds|April<br>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|





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||Comparative<br>Statement ofFinancial|Comparative<br>Statement ofFinancial|Comparative<br>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|