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|---|---|---|---|---|
|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|
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|||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|
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||||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|
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|||||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||
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||||||||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|
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|||||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|
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|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|
##
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|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|
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|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|