This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-03-31-accounts
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Page |
| Reference and administrative |
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details ofthe company, |
its Trustees and advisers |
|
Trustees'
report |
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2-10 |
Independent
examiner's |
report |
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| Statement offinancial |
activities |
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12 |
| Balance sheet |
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13 |
| Notes to the financial statements |
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14-28 |
| Trustees |
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C Hodson, |
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Chair |
Chair |
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A Hunter |
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D Pinwell (resigned |
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24 June 2021) |
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M Brain |
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R Maksymowicz, |
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Treasurer |
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H Dawkins |
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B Holmes |
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S Broster (appointed |
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22 October |
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2020) |
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S Berrie (appointed |
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17December |
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2020) |
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F Holland |
(appointed |
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28 January |
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2021, resigned 24 June 2021) |
| Company |
registered |
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| number |
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07513268 |
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| Charity registered |
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| number |
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1141020 |
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| Registered |
office |
176Bosworth |
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Drive |
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Chelmsley |
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Wood |
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Birmingham |
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West Midlands |
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B375DZ |
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| Company |
secretary |
KTurner |
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| Chief executive officer |
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KTurner |
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| Accountants |
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Dains LLP |
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15Colmore |
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Row |
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Birmingham |
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B32BH |
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| Bankers |
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Lloyds Bank Plc |
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Po Box1000 |
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Poplar road |
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Solihull |
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BX1 1LT |
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| Solicitors |
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Bates Wells & |
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Braithwaite |
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London |
LLP |
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10Queen Street |
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Place |
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London |
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|
EC4 1BE |
|
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|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
funds |
funds |
funds |
funds |
|
|
|
2021 |
2021 |
2021 |
2020 |
|
|
Note |
E |
E |
E |
|
| Income from: |
|
|
|
|
|
|
Donations
and legacies |
|
|
21,249 |
|
21,249 |
53,757 |
Charitable
activities |
|
|
|
297,069 |
297,069 |
223,391 |
| Total income |
|
|
21,249 |
297,069 |
318,318 |
277,148 |
Expenditure
on: |
|
|
|
|
|
|
Charitable
activities |
|
|
11,6&2 |
238,464 |
250,146 |
231,934 |
| Total expenditure |
|
|
11,682 |
238,464 |
250,146 |
231,934 |
| Net (expenditure)/income |
|
|
9,567 |
58,605 |
68,172 |
45,214 |
Transfers
between |
funds |
14 |
(27,145) |
27,145 |
|
|
Net movement
in |
funds |
|
(17,578) |
85,750 |
68,172 |
45,214 |
Reconciliation
of |
funds: |
|
|
|
|
|
| Total funds brought |
forward |
|
218,052 |
3,280 |
221,332 |
176,118 |
Net movement
in funds |
|
|
(17,578) |
85,750 |
68,172 |
45,214 |
| Total funds carried forward |
|
|
200,474 |
89,030 |
289,504 |
221,332 |
|
|
|
|
2021 |
|
2020 |
|
|
Note |
|
F |
|
F |
| Fixed assets |
|
|
|
|
|
|
| Tangible assets |
|
|
|
9,451 |
|
4,298 |
| Current assets |
|
|
|
|
|
|
| Debtors |
|
12 |
94,496 |
|
35,456 |
|
| Cash at bank and |
in hand |
|
210,563 |
|
184,941 |
|
|
|
|
305,059 |
|
220,397 |
|
| Creditors: amounts |
falling due within one |
|
|
|
|
|
| year |
|
13 |
(25,006) |
|
(3,363) |
|
| Net current assets |
|
|
|
280,053 |
|
217,034 |
| Total net assets |
|
|
|
289,504 |
|
221,332 |
| Charity funds |
|
|
|
|
|
|
Restricted
funds |
|
14 |
|
89,030 |
|
3,280 |
Unrestricted
funds |
|
14 |
|
200,474 |
|
218,052 |
| Total funds |
|
|
|
289,504 |
|
221,332 |
|
|
|
|
|
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2021 |
2021 |
|
|
|
|
|
E |
E |
|
Donations |
|
|
|
15,075 |
15,075 |
|
Legacies |
|
|
|
6,174 |
6,174 |
|
Total 2021 |
|
|
|
21,249 |
21,249 |
|
|
|
|
|
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2020 |
2020 |
|
|
|
|
|
E |
E |
|
Donations |
|
|
|
14,049 |
14,049 |
|
Legacies |
|
|
|
39,708 |
39,708 |
|
Total 2020 |
|
|
|
53,757 |
53,757 |
| 5. |
Income from charitable |
|
activities |
|
|
|
|
|
|
|
|
Restricted |
Total |
|
|
|
|
|
funds |
funds |
|
|
|
|
|
2021 |
2021 |
|
|
|
|
|
F |
|
|
Advice and Information |
|
Service |
|
|
|
|
Projects |
|
|
|
297,069 |
297,069 |
|
Total 2021 |
|
|
|
297,069 |
297,069 |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2020 |
2020 |
2020 |
|
|
|
|
E |
|
E |
|
Advice and Information |
Service |
|
4,630 |
|
4,630 |
|
Projects |
|
|
|
218,761 |
218,761 |
|
Total 2020 |
|
|
4,630 |
218,761 |
223,391 |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2021 |
2021 |
2021 |
|
|
|
|
F |
E |
F |
| Advice and |
Information |
Service |
|
11,682 |
3,556 |
15,238 |
| Projects |
|
|
|
|
234,908 |
234,908 |
| Total 2021 |
|
|
|
11,682 |
238,464 |
250,146 |
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
funds |
funds |
funds |
|
|
|
|
2020 |
2020 |
2020 |
|
|
|
|
E |
E |
E |
| Advice and |
Information |
Service |
|
16,453 |
3,769 |
20,222 |
| Projects |
|
|
|
|
211,712 |
211,712 |
| Total 2020 |
|
|
|
16,453 |
215,481 |
231,934 |
| Summary |
by expenditure |
|
type |
|
|
|
|
|
|
|
|
Total |
|
|
Staff costs |
Depreciation |
Other costs |
funds |
|
|
2021 |
2021 |
2021 |
2021 |
|
|
E |
F |
E. |
E. |
| Advice and Information |
Service |
6,799 |
2,198 |
6,241 |
15,238 |
| Projects |
|
209,036 |
525 |
25,347 |
234,908 |
| Total 2021 |
|
215,835 |
2,723 |
31,588 |
250,146 |
|
|
|
|
|
Total |
|
|
Staff costs |
Depreciation |
Other costs |
funds |
|
|
2020
E |
2020
E |
2020 |
2020f |
| Advice and Information |
Service |
6,209 |
2,525 |
11,488 |
20,222 |
| Projects |
|
177,264 |
|
34,448 |
211,712 |
| Total 2020 |
|
183,473 |
2,525 |
45,936 |
231,934 |
|
|
Activities |
|
|
|
undertaken |
Total |
|
|
directly |
funds |
|
|
2021
F |
2021f |
| Advice and Information |
Service |
15,238 |
15,238 |
| Projects |
|
234,908 |
234,908 |
|
|
250,146 |
250,146 |
|
|
Activities |
|
|
|
undertaken |
Total |
|
|
directly |
funds |
|
|
2020 |
2020 |
|
|
F |
F |
| Advice and Information |
Service |
20,222 |
20,222 |
| Projects |
|
211,712 |
211,712 |
|
|
231,934 |
231,934 |
|
|
|
Advice and |
|
|
|
|
|
Information |
|
Total |
|
|
|
Service |
Projects |
funds |
|
|
|
2021 |
2021 |
2021 |
|
|
|
E |
|
E |
| Staff costs |
|
|
6,799 |
209,036 |
215,835 |
| Depreciation |
|
|
2,198 |
525 |
2,723 |
| Staff and training |
|
expenses |
452 |
1,773 |
2,225 |
| Office and premises costs |
|
|
2,113 |
23,574 |
25,687 |
| Governance |
costs |
|
3,676 |
|
3,676 |
|
|
|
15,238 |
234,908 |
250,146 |
Analysis
of |
dire |
ct costs (continued) |
|
|
|
|
|
|
Advice and |
|
|
|
|
|
Information |
|
Total |
|
|
|
Service |
Projects |
funds |
|
|
|
2020f |
2020 |
2020
E |
| Staff costs |
|
|
6,209 |
177,264 |
183,473 |
| Depreciation |
|
|
2,525 |
|
2,525 |
| Staff and training |
|
expenses |
1,700 |
7,185 |
8,885 |
| Office and premises costs |
|
|
5,013 |
27,263 |
32,276 |
| Governance |
costs |
|
4,775 |
|
4,775 |
|
|
|
20,222 |
211,712 |
231,934 |
|
|
|
|
2021 |
2020 |
|
|
|
|
E. |
|
| Wages and |
salaries |
|
|
200„558 |
169,919 |
| Social security costs |
|
|
|
11,849 |
10,579 |
| Contribution |
to defined |
contribution |
pension schemes |
3,428 |
2,975 |
|
|
|
|
215,835 |
183,473 |
|
|
|
|
2021 |
2020 |
|
|
|
|
No. |
No. |
| Charity purposes |
|
|
|
|
10 |
| The average headcount |
expressed as full-time |
equivalents |
was: |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
No. |
No. |
| Charity purposes |
|
|
|
|
|
|
Fixtures and |
Computer |
|
|
fittings |
equipment |
Total |
|
F |
E |
F |
| Cost or valuation |
|
|
|
| At 1 April 2020 |
25,643 |
14,582 |
40,225 |
| Additions |
|
7,876 |
7,876 |
| Disposals |
(395) |
(13,596) |
(13,991) |
| At 31 March 2021 |
25„248 |
8,862 |
34,110 |
| Depreciation |
|
|
|
| At 1 April 2020 |
21,345 |
14,582 |
35,927 |
| Charge for the year |
2,198 |
525 |
2,723 |
| On disposals |
(395) |
(13,596) |
(13,991) |
| At 31 March 2021 |
23,148 |
1,511 |
24,659 |
| Net book value |
|
|
|
| At 31 March 2021 |
2,100 |
7,351 |
9,451 |
| At 31 March 2020 |
4,298 |
|
4,298 |
|
|
2021 |
2020 |
|
|
F |
E |
| Due within one year |
|
|
|
| Trade debtors |
|
34,101 |
21,058 |
| Prepayments |
and accrued income |
60,395 |
14,398 |
|
|
94,496 |
35,456 |
|
|
|
|
2021 |
2020 |
|
|
|
|
E |
E |
| Trade creditors |
|
|
|
110 |
|
| Other taxation |
|
and social security |
|
146 |
|
| Accruals |
and deferred |
|
income |
24„750 |
3,363 |
|
|
|
|
25,006 |
3,363 |
|
|
|
|
|
|
|
|
|
Balance at |
|
|
|
|
|
Balance at 1 |
|
|
Transfers |
31 March |
|
|
|
|
|
April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
|
|
|
|
E |
E |
F |
E |
E |
| Unrestricted |
|
funds |
|
|
|
|
|
|
|
| Designated |
funds |
|
|
|
|
|
|
|
|
| Equipment |
|
|
|
|
2,500 |
|
|
|
2,500 |
| IT Strategy |
|
|
|
|
2,500 |
|
|
|
2,500 |
| Redundancy |
Provision |
|
|
|
14,267 |
|
|
44,661 |
58,928 |
Premises
—lease obligations |
|
|
|
|
7,000 |
|
|
|
7,000 |
| Maintenance |
|
per year- |
|
|
|
|
|
|
|
| Chelmsley |
Wood |
|
|
|
6,000 |
|
|
|
6,000 |
| Advice and Information |
|
|
|
Service |
50,000 |
|
|
|
50,000 |
|
|
|
|
|
82,267 |
|
|
44,661 |
126,928 |
| General funds |
|
|
|
|
|
|
|
|
|
General
Funds |
|
|
|
|
135,785 |
21,249 |
(11,682) |
(71,806) |
73,546 |
| Total Unrestricted |
|
|
funds |
|
218,052 |
21,249 |
(11,682) |
(27,145) |
200,474 |
| Restricted funds |
|
|
|
|
|
|
|
|
|
| Money Advice |
|
Service |
|
—Debt |
|
|
|
|
|
| Advice |
|
|
|
|
1,411 |
42,107 |
(30,572) |
|
12,946 |
| Solihull CCG |
|
|
|
|
|
30,890 |
(21,152) |
|
9,738 |
| Priority 1.4 |
|
|
|
|
|
59,424 |
(23,835) |
|
35,589 |
| Help to Claim |
|
|
|
|
1,869 |
51„007 |
(77,042) |
24,166 |
|
| GPS PCN |
|
|
|
|
|
31,295 |
(25,214) |
|
6,081 |
| RHP PCN |
|
|
|
|
|
16,593 |
(13,478) |
|
3,115 |
| SHP PCN |
|
|
|
|
|
31,063 |
(27,243) |
|
3,820 |
| Energy Advice |
|
Project |
|
|
|
3,960 |
(6,939) |
2,979 |
|
| Cit A Beis - IT |
|
|
|
|
|
10,730 |
(1,645) |
|
9,085 |
| Single Queue |
|
|
|
|
|
10,000 |
(1,344) |
|
8,656 |
| SMBC —SCH |
|
|
|
|
|
10,000 |
(10,000) |
|
|
|
|
|
|
|
3,280 |
297,069 |
(238,464) |
27,145 |
89,030 |
| Total offunds |
|
|
|
|
221,332 |
318,31& |
(250,146) |
|
289,504 |
| Statement o |
f |
funds |
- |
prior year |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
|
|
|
|
Balance at |
|
|
31 March |
|
|
|
|
|
|
1 April 2019 |
Income |
Expenditure |
2020 |
|
|
|
|
|
|
F |
F |
F |
F |
| Unrestricted |
|
funds |
|
|
|
|
|
|
|
| Designated |
funds |
|
|
|
|
|
|
|
|
| Equipment |
|
|
|
|
|
2,500 |
|
|
2,500 |
| ITStrategy |
|
|
|
|
|
2,500 |
|
|
2,500 |
| Redundancy |
Provision |
|
|
|
|
14,267 |
|
|
14,267 |
| Premises - lease obligations |
|
|
|
|
|
7,000 |
|
|
7,000 |
| Maintenance |
per year |
|
|
—Chelmsley |
Wood |
6,000 |
|
|
6,000 |
| Advice and Information |
|
|
|
Service |
|
50,000 |
|
|
50,000 |
|
|
|
|
|
|
82,267 |
|
|
82,267 |
| General funds |
|
|
|
|
|
|
|
|
|
General
Funds |
|
|
|
|
|
93,851 |
58,387 |
(16,453) |
135,785 |
| Total Unrestricted |
|
|
funds |
|
|
176,118 |
58,387 |
(16,453) |
218,052 |
| Restricted funds |
|
|
|
|
|
|
|
|
|
| Money Advice |
|
Service |
|
—Debt Advice |
|
|
52,033 |
(50,622) |
1,411 |
| Solihull CCG |
|
|
|
|
|
|
30,891 |
(30,891) |
|
| Citizens Advice Energy |
|
|
|
Best Deal |
|
|
4,281 |
(4,281) |
|
| Peer to Peer |
|
|
|
|
|
|
4,425 |
(4,425) |
|
| Priority 1.4 |
|
|
|
|
|
|
40,310 |
(40,310) |
|
| Help to Claim |
|
|
|
|
|
|
46,183 |
(44,314) |
1,869 |
| GPS PCN |
|
|
|
|
|
|
9,887 |
(9,887) |
|
| RHP PCN |
|
|
|
|
|
|
9,964 |
(9,964) |
|
| SHP PCN |
|
|
|
|
|
|
9,987 |
(9,987) |
|
| Energy Advice |
|
Project |
|
|
|
|
10,800 |
(10,800) |
|
|
|
|
|
|
|
|
218,761 |
(215,481) |
3,280 |
| Total offunds |
|
|
|
|
|
176,118 |
277,148 |
(231,934) |
221,332 |
| Summary |
offunds - cur |
rent year |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at 1 |
|
|
Transfers |
31 March |
|
|
April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
|
F |
E |
F |
F |
E. |
| Designated |
funds |
82,267 |
|
|
44,661 |
126,928 |
| General funds |
|
135,785 |
21,249 |
(11,682) |
(71,806) |
73,546 |
| Restricted |
funds |
3,280 |
297,069 |
(238„464) |
27,145 |
89,030 |
|
|
221,332 |
318,31& |
(250,146) |
|
289,504 |
| Summary |
offunds - prior year |
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at |
|
|
31 March |
|
|
1 April 2019 |
Income |
Expenditure |
2020 |
|
|
E |
F |
|
F |
| Designated |
funds |
82,267 |
|
|
82,267 |
| General funds |
|
93,851 |
58,387 |
(16,453) |
135,785 |
| Restricted |
funds |
|
218,761 |
(215,481) |
3,280 |
|
|
176,118 |
277,148 |
(231,934) |
221,332 |
| Analysis |
ofn |
et ass |
ets |
between
funds -cur |
rent year |
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
2021 |
2021 |
2021 |
|
|
|
|
|
E |
F |
F |
| Tangible |
fixed |
assets |
|
|
2,100 |
7,351 |
9,451 |
| Current |
assets |
|
|
|
198,374 |
106,685 |
305,059 |
| Creditors |
due |
within |
one |
year |
|
(25,006) |
(25,006) |
| Total |
|
|
|
|
200,474 |
89,030 |
289,504 |
| Analysis |
of n |
et ass |
ets |
between funds -prio |
r year |
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
2020 |
2020 |
2020 |
|
|
|
|
|
E |
E |
F |
| Tangible |
fixed |
assets |
|
|
4,298 |
|
4,298 |
| Current |
assets |
|
|
|
217,117 |
3,280 |
220,397 |
| Creditors |
due |
within |
one |
year |
(3,363) |
|
(3,363) |
| Total |
|
|
|
|
218,052 |
3,280 |
221,332 |
| cancellable |
o |
perating
leases as follows: |
|
|
|
|
|
2021 |
2020 |
|
|
|
E |
|
| Not later than |
|
1 year |
3,334 |
1,222 |
| Later than |
1 year and not later than 5years |
|
7,291 |
762 |
|
|
|
10,625 |
1,984 |