2022-04-30-accounts

				PAGE
Trustees report				1-3
Independent	examiner's		report
Statement of	financial	activities
Ealance sheet
Statement of	cash flows
Notes to the financial		statements		8-14

		Unrestricted	Total
		funds	2021
	Notes	6	6
INCOME FROM:
Donations and legacies		1,210	10,000
QLSIIIT	S~C YLTIES
Learning disability housing benefit		522.854	450,633
Contribution to repairs			6,225
TOTAL INCOME		524.064	466,858
CHARITABLE ACTIVITIES
Activities undertaken directly		332,733	306,298
Support costs		172,260	143,782
Governance costs		2,110	2,210
TOTAL CHARITABLE EXPENDITURE		507,103	452,290
TOTAL RESOURCES EXPENDED		507,103	452,290
NET INCOME FOR THE YEAR/
NET MOVEMENT IN FUNDS		16,961	14,568
Fund balances at 1 May 2021		81.174	66,606
FUND BALANCES AT30APRIL 2022		98,135	81,174

			2022		2021
		Notes	E		E
FIXEDASSETS
Tangible assets				10,191		5,616
CURRENT ASSETS
Debtors			78.895		141,597
Cash at bank and in hand			34,217		29,941
			113,112		171,538
CREDITORS: AMOUNTS	FALLING DUE
WITHIN ONE YEAR		10	(25.168)		(95,980)
Net current assets				87,944		75,558
TOTAL ASSETS LESSCURRENT LIABILITIES				98,135		81,174
INCOME FUNDS
Unrestricted funds				98,135		81,174
				98,135		81,174

				2022		2021
			Notes	E
CASH FLOWS FROM OPERATING ACTIVITIES
Cash generated from operations			14		12,301
INVESTING ACTIVITIES
Purchase oftangible fixed assets				(8,025)		(4,188)
NET CASH USED IN INVESTING ACTIVITIES					(8,025)
NET CASH USED IN FINANCING	ACTIVITIES
NET INCREASE IN CASH AND CASH		EQUIVALENTS			4,276
Cash and cash equivalents at beginning		of year			29.941
CASH AND CASH EQUIVALENTS	AT	END OF YEAR			34.217

							Unrestricted	Unrestricted
							funds	funds
							2022	2021
							E	f
Donations	and gifts						1,210
GRANTS RECEIVABLE		FOR CORE ACTIVITIES
Covid —19	Grant from	Sandwell	Metropolitan	Borough Council				10,000
							1,210	10,000
CHARITABLE ACTIVITIES
					Learning	Contribution	Total	2021
					disabilities	to repairs
					housing
					beneift
					6	6
Sales within	charitable	activities			522,854		522,854	456,858
Analysis by	fund
Unrestricted	funds				522.854		522,854
FOR THE YEAR ENDED 30APRIL 2021
Unrestricted	funds				450,633	6,225		456,858

				Activities	Support	Governance	Total	2021
				undertaken	cost	cost
				directly
				E
Rent paid				262,664			262.664	241,212
Heat and	light			5,875			5,875	29,345
Rates				2,475			2,475	11,330
Property	repairs and		renewals	55,089			55,089	23,845
Other property costs				6,630			6,630	566
				332,733			332,733	306,298
Share of	support costs (see note 5)				172,260		172,260	143,782
Share of	governance		costs (see note 5)			2.110	2,110	2,210
				332.733	172,260	2,110	507,103	452,290
ANALYSIS		BYFUND
Unrestricted		funds		332,733	172,260	2,110	507,103
				332,733	172,260	2,110	507,103
FOR THE	YEAR ENDED 30APRIL 2021
Unrestricted		funds		306,298	143,782	2,210		452,290
				306,298	143,782	2,210		452,290

			Support costs	Governance	2022	2021
				costs
				E
Staff costs			16,635		16,635	6,270
Depreciation			3,450		3,450	3,314
Rent			25,302		25,302	24,489
Rates			2,981		2,981	(2,537)
Insurance			3,027		3,027	3,261
Light and heat			1,062		1,062
Repairs and	maintenance		426		426	523
Postage and	stationery		1,041		1,041	121
Telephone and fax			7.172		7,172	6,433
Travelling expenses			1,238		1,238	433
Computer running		expenses	6,786		6,786	5,044
Legal and professional			61		61	528
Consultancy	fees		76,594		76,594	70,850
Management	charges		25.336		25,336	24,000
Sundry expenses			957		957	204
Bank charges			95		95	182
Loan interest			97		97	667
Independent	examination
fee				2,110	2,110	2,210
			172,260	2,110	174,370	145,992
Analysed between
Charitable activities			172,260	2,110	174,370	145,992

The average monthly number of employees during the year was:
	2022	2021
	Number	Number
Management and admimstration
EMPLOYMENT COSTS	2022	2021
	5	E
Wages and salaries	16,068	6,270
Social security costs	567
	16,635	6,270

TANGIBLE FIXE	DAS	SE	TS
				Fixtures. fittings	Et equipment
					6
COST
At 1 May 2021					28.754
Additions					8,025
At 30 April 2022					36,779
DEPRECIATION	AND	IMPAIRMENT
At 1 May 2021					23,138
Depreciation charged		in	the year		3,450
At 30April 2022					26,588
CARRYING AMOUNT
At 30April 2022					10,191
At 30 April 2021					5,616
DEBTORS
				2022	2021
AMOUNTS FALLING		DUE WITHIN ONE YEAR:			6
Trade debtors				9,974	138
Rent deposits				17,245	17,750
Other debtors				19,804	86,797
Prepayments				31,872	36,912
				78,895	141,597
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
				2022	2021
				6	6
Other taxation and social			security	1,286
Property damage	reserve			2,300	1,833
Trade creditors				13.733	21,415
Other creditors				5,000	70,276
Accruals and deferred		income		2,849	2,456
				25,168	95,980

ANALYS	IS OF NET ASSETS BETWEEN FUNDS
			Total
			E
Fund balances at 30April 2022 are represented		by:
Tangible	fixed assets		10,191
Current	assets/(liabilities)		87,944
			98,135

	2022	2021
	E	E
Within one year	49,760	57,080
Between two and five years	127,208	124,769
	176,968	181,849

14	CASH GENERATED	FROM OPERATIONS	FROM OPERATIONS		2022	2021
					f.	E
	Surplus forthe year				16,961	14,568
	Adjustments for:
	Depreciation and impairment oftangible			fixed assets	3,430	3,314
	Movements in working		capital:
	Decrease/(increase)	in	debtors		62,702	(30,908)
	(Decrease)/increase	in	creditors		(70,812)	43,948
	CASH GENERATED	FROM OPERATIONS			12,301	30,922