2021-03-31-accounts - Spitfire Advice And Support Services Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Legal and administrative	information
Trustees' Report		3to 8
Independent examiners	report
Statement offinancial activities		10
Balance sheet
Consolidated cash flow statement		12
Notes to the consolidated	cash flow statement	13
Notes to the financial statements		14to 23

					Unrestricted	Restricted
				Note	funds	funds	Total	Total
					2021	2021	2021	2020
t
g tt *	dtg				485,764	193,807	679,571	437,815
Charitable activities Other trading income					200 79,017		200 79,017	9,662 236,402
Total income					564,981	193,807	758,788	683,879
~E* dtt
Charitable activities					427,373	193,807	621,180	710,894
Other					395		395	589
Total resources expended					427,768	193,807	621,575	711,483
Net income/(expenditure)			for
the year/Net	movement	in
funds					137,213		137,213	(27,604)
Opening fund balances					104		104	27,708
Closing fund	balances				137,317		137,317	104

			Note	Group	Group	Charity	Charity
				2021	2020	2021	2020
						6	6
Fixed assets
Tangible assets Investments			10 11	23,520	24,418	14,821 4	10,345 4
				23,520	24,418	14,825	10,349
Current assets
Debtors Cash at bank and	in	hand	13	107,100 131,374	108,555 24,244	73,829 90,649	120,599 378
				238,474	132,799	164,478	120,977
Creditors: amounts due with one year		falling	14	(92,354)	(127,584)	(66,593)	(98,113)
Net current assets				146,120	5,215	97,885	22,684
Total assets less liabilities	current			169,640	29,633	112,710	33,213
Creditors: amounts due after more than		falling one year	15	(32,323)	(29,529)	(1,990)	(29,529)
Net (liabilities)/assets				137,317	104	110,720	3,684
Income funds
Restricted funds			16
Unrestricted funds				137,317	104	110,720	3,684
				137,317	104	110,720	3,684

			2021	2020
Cash flow from operating	activities
Net cash provided by (used in) operating activities			139,476	~77,962
Cash flow from investing	activities
Purchase oftangible fixed assets Proceeds from sale oftangible fixed assets			(13,199) 500	(8,973) 250
Net cash used in investing	activities		~12,699	~6,723
Cash flow from financing	activities
Proceeds from new loans			35,000	73,500
Loan repayments			(27,521)	(27,621)
Interest paid			(3,691)	(4,117)
Net cash provided by/(used in) financing
activities			3,788	41,762
Change in cash and cash	equivalents	during
the year			130,565	21,089
Cash and cash equivalents	at start ofyear		809	(20,280)
Cash and cash equivalents	at end ofyear		131,374	809

YE	AR ENDED 31 MARCH 2021
1.	Reconciliation of net income/(expenditure)	to net cash flow from operating activities
		2021 8	2020f
	Net income/(expenditure) for the year Adjustments for:	137,213	(27,604)
	Depreciation Profit on sale on tangible fixed assets Interest paid Decrease/(Increase) in debtors (Decrease)/increase in creditors	14,097 (500) 3,691 1,455 (16,480)	9,875 (250) 4,117 (1,437) 27,249
	Net cash provided by (used in) operating activities	139,476	~11,950
2.	Analysis ofcash and cash equivalents
		2021	2020
		8	F
	Cashin hand	221	378
	Notice deposits (less than 3months) Overdrafts included in bank loans and overdrafls 131,153		23,866
	falling due within one year		(23,435)
	Total cash and cash equivalents	131,374	809

Donations and legaci	es
			Unrestricted	Restricted	Total	Total
			Funds	funds
			2021	2021	2021	2020
			6	6
Donations Money Advice —Pioneer Group Awards for All Leas Project Reaching Communities Fund Crisis Fund —Pioneer Group			33,893 29,131 8,000	74,812	33,893 29,131 74,812 8,000	57,212 40,000 9,500 30,625 102,938
Sutton Charity Funding						24,253
Community Hub Funding		donation	12,000		12,000
Neighbourhood Network		Scheme				866
H2 Funding Heart of England Birmingham Airport Veiola Thomas Dole UK National Agency			52,107 23,106		23,106 52,107	55,962 2,000 2,500 1,000 1,459 35,000
Erdington Baptist Church Birmingham City Council Best Energy G W Turner Heritage Lottery Funds BCC rates refund BCC National Leisure Recovery			147,500 60,169		147,500 60,169	3,000 52,500 9,000 1,000 9,000
Fund Sports England Covid	19Recovery		27,628		27,628
Fund			9,080		9,080
Power to Change BCC Retail Hospitality	and Leisure		5,000		5,000
grant Big Lottery- Covid 19Resilience			5,000		5,000
Funding				118,995	118,995
CYP Early Help Criminal Justice			5,000 25,000		5,000 25,000
Erdington Neighbourhood		Network
Scheme Charities Aid Foundation			5,000 30,500		5,000 30,500
Welsh House Farm			7,650		7,650
Total for the year			485,764	193,807	679,571	437,815
Analysis by fund
Unrestricted funds Restricted funds					485,764 193,807	345,281 92,534
					679,571	437,815

				2021	2020
				6
	Room hire Otherfees			(480) 680	6,926 2,736
	Total for the	year		200	9,662
	Analysis by fund
	Unrestricted funds Restricted funds			200	9,662
				200	9,662
5.	Other income
				2021	2020
					F
	Fundraising	events
	Fees			79,017	236,402
	Total for the	year		79,017	236,402
	Analysis by	fund
	Unrestricted funds Restricted funds			79,017	236,402
				79,017	236,402
6.	Expenditure	on charitable	activities
				2021f	2020 6
	Direct costs Supportcosts			609,711 11,469	698,955 11,939
				621,180	710,894
	Analysis by	fund
	Unrestricted funds Restricted funds			427,373 193,807	610,242 92,652
				621,180	710,894

	2021	2020
	F
Wages and salaries Redundancy costs Social security costs Other pensions costs	323,424 29,985 10,519	360,949 12,392 29,915 5,557
	363,928	408,813

AR ENDED 31 MARCH .Tangible fixed assets	2021
Group	Fixtures	Motor	Computer	Total
	and	vehicles	equipment
	fittingsf
Cost
At 1 April 2020 Additions Disposals At 31 March 2021	46,958 1,865 ~5,735 43,088		1,969 11,334 13,303	48.927 13,199 ~5,735 56,391
Deprecration
and impairment
At 1 April 2020 Charge for the	23,681		828	24,509
year Disposals At 31 March 2021	10,771 ~5735, 28,717		3,326 4,154	14,097 ~5,735 32,871
Carrying amount
At 31 March 2021	14,371		9,149	23,520
At 31 March 2020	23,277		1,141	24,418
Charity	Fixtures	Motor	Computer	Total
	and	vehicles	equipment
	fittingsf
Cost
At 1 April 2020 Additions Disposals	14,134		1,968 11,335	16,102 11,335
At 31 March 2021	14,134		13,303	27,437
Depreciation
and impairment
At 1 April 2020 Charge for the	4,930		827	5,757
year Disposals	3,533		3,326	6,859
At 31 March 2021	8,463		4,153	12,616
Carrying amount
At 31 March 2021	5,671		9,150	14,821
At 31 March 2020	9,204		1,141	10,345

Investment in subsidiary	undertakings
Cost and carrying value

		Group 2021	Group 2020	Charity 2021	Charity 2020
				6	6
Amounts falling due within one
year
Trade debtors Amounts due	from group	104,765	73,766	58,165	60,936
undertakings Prepayments	and accrued income	2,335	34,789	13,593 2,081	31,682 27,981
		107,100	108,555	73,829	120,599

				Group 2021	Group 2020	Charity 2021	Charity 2020
						6	6
CAF Investment Fund Bounce Back loan			loan	39,527 4,667	32,709	39,527	32,709
Bank overdrafts Otherloans Trade creditors Social security Pensions Other creditors	and other taxes			19,961 7,841 1,491	23,435 6,800 37,037 7,021 1,283	10,053 7,477 1,388	23,435 6,800 13,867 6,757 1,208
Accruals and deferred			income	18,867	19,299	8,148	13,338
				92,354	127,584	66,593	98,113
Creditors: amounts		falling due after		more than one year
				Group	Group	Charity	Charity
				2021	2020	2021	2020
						6	6
CAF Investment	Fund			1,990	29,529	1,990	29,529
Bounce Back loan				30,333
				32,323	29,529	1,990	29,529

Charity				Movement
				in funds
			Balance at	Incoming	Resources	Balance
			1April 2020	resources	expended	at 31
						March
						2021
						Z
Big Lottery-	Covid 19
Resilience Funding Reaching Communities		Fund		118,995 74,812	(118,995) (74,812)
				193807	~193,807