**Charity Registration Number: 1143842 Company Registration Number: 04382420 (England and Wales)**
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and administrative information|2|
|Trustees’ Report|3 to 8|
|Independent examiners report|9|
|Statement of financial activities|10|
|Balance sheet|11|
|Consolidated cash flow statement|12|
|Notes to the consolidated cash flow statement|13|
|Notes to the financial statements|14 to 23|
1
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **LEGAL AND ADMINSTRATIVE INFORMATION**
## **Trustees**
D Lane (Chair of Trustees) M Dunsford J B Miles (resigned January 2022) G Sima A Reid E Gayle (resigned March 2022) L Killeen
## **Company Secretary**
R Goodwin
## **Registered Office**
Spitfire House Castle Vale Community Campus 10 High Street Castle Vale Birmingham B35 7PR
## **Charity number:** 1143842
**Company number:** 04382420 (registered in England and Wales)
## **Independent Examiner**
BVSC Accountancy Services First Floor Livery Place 35 Livery Street Birmingham B3 2PB
2
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and unaudited financial statements of the charity for the year ending 31 March 2022.
## **Trustees**
The Trustees, who are also the directors for the purposes of company law, and who served during the year and up to the date of signature of the unaudited financial statements were:
D Lane (Chair of Trustees) M Dunsford J B Miles (resigned January 2022) G Sima A Reid E Gayle (resigned March 2022) L Killeen
None of the directors has any beneficial interest in the company. All the Trustees are members of the company and guarantee to contribute £1 in the event of winding up.
## **Governing document**
The company is controlled by its governing document, a deed of Trust, and constitutes a limited company, limit by guarantee as defined under the Companies Act 20026.
## **Organisational structure**
The Charity is governed by its Trustees supported by a secretary.
## **Risk management**
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **Objectives and activities**
## **Achievements and performance**
The last 12 months have been about recovery and resilience at Spitfire Services; the impact of COVID19 was present for the whole year, so we continued to deliver an emergency response to the changing needs developing in the community. Additionally, we have continued to innovate improving our services and our reach to the most vulnerable
3
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
With the ongoing pressure of COVID-19 we continued our operating model enabling employees where to work at home, where this was practical, to minimise the risk of infection. By and large we were successful in developing services which promoted recovery and supported the resilience of communities and we kept to our plans of ensuring financial resilience. All of this would not have been possible without the commitment, determination and hard work of our dedicated employees and volunteers, who over the last few years have gone over and above to do what matters most, putting people first.
We were the first organisation in Birmingham to run a **Community Library** on behalf of Birmingham City Council and is good to be able to note here that the venture has now been delivering a range of library services for the community for well over 6 years.
## **Reaching New Communities**
In addition to the work, we do in Castle Vale we are now a city-wide organisation working in communities including:
- Shard End
- Kingstanding
- Stockland Green
- Erdington
- Falcon Lodge
- Druids Heath
## **Money Advice Services**
Our advice services provide a lifeline to the most excluded communities who, for many reasons, simply do not have ready access to these services, the pandemic has only magnified these issues and the challenges many families have faced in the last 12 months.
## **Supporting People in Crisis**
Through our Crisis Fund, we are able to help change lives and contribute to the remove the real barriers that people face on a daily basis; barriers arise for many reasons and some lead to families living in poverty. Through contact with us over a crisis we are often able to stage early interventions and referrals to deal with other concerns the client may have. The communities in which we work experience multi deprivation; we aim to do our best to address the often complex issues this presents. We strive to help families to become resourceful, strong, and sustainable.
All the work that we do would not be possible without the Board of Trustees (all volunteer members) and the Senior Management Team at Spitfire Services, who work tirelessly to make a difference, change lives and transform communities.
4
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
## **Community Services (Upcycle and Castle Pool)**
## **Upcycle**
In the past eight years Upcycle Birmingham CIC has become a firm fixture in Castle Vale – now accepting 180 tonnes of stock each year and selling quality items to hundreds of households. The more central location of its new showroom at St Gerard’s Church Centre is enabling us to reach more people.
The central location of the Church Centre and the utilities already onsite created the perfect opportunity for us to expand our growing family of enterprises even further. We have been proud to open the **Meeting Place Café** this year, creating jobs and training opportunities in hospitality. The café has quickly become a place to meet and socialise over a cup of tea.
## **Castle Pool**
Inaugurated by the late Queen Elizabeth II in November 1981, Castle Pool has been a health and leisure haven for people living in or near Castle Vale for 40 years – used regularly by residents, schools, and swimming clubs. Previously run by Birmingham City Council, Castle Pool was operating at a phenomenal annual loss of £250,000 but, following the asset transfer in 2014 and its later linking with Spitfire Services, the pool has made small surpluses in the subsequent years.
## **Our core areas of Services and Delivery**
The overarching vision for the whole organisation is that we develop a family of sustainable enterprises alongside our charitable activity that transforms lives and removes longstanding barriers and stigmatisms many people face.
## ADVICE ENTERPRISE COMMUNITIES
## Our Vision is:
- To contribute to the reduction in social exclusion in Castle Vale and the wider community.
- To actively promote volunteering and citizenship among all groups
- To actively promote sustainable development within groups and organisations
- To represent residents within our local communities on a wide range of issues and to advocate on their behalf
- To encourage self-advocacy among groups and individuals
- To actively encourage and support the development of new and existing community groups
- To support a broad range of issues that protects people’s basic human rights
- To encourage strength and resilience among the communities in which we work
5
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
The vision and values of Upcycle Birmingham CIC identified by key stakeholders include:
- To be ethical and honest
- To be socially responsible
- To provide reinvestment of surplus income into Castle Vale
- To be customer focused
- To build the skills and capacity of volunteers
- To provide affordable goods giving buyers value for money
- To educate and empower local people to make better financial choices
- To provide a choice of quality goods
- To promote a positive change in local attitudes and behaviours
- To provide a reliable service
## **Achievements - During the last 12 months we have** : -
**helped 8000 people who were in financial crisis**
**given 486 people in depth casework support**
**released £2,215,000 income into communities**
**delivered 7500 food parcels**
**supported 350 families to start new homes**
**supported 320 people in crisis**
**3500 adults accessed Castle Pool**
6
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
## **Volunteering at the Heart our Work.**
Crucial to our post Covid-19 response has been building resilience in people and volunteering sits at the heart of this. Spitfire Services currently supports 50 volunteers across the organisation. Additionally, we have worked with several new groups and organisations and have provided other support, including putting in place their volunteer policies, safeguarding protocols and offer a local hub for coordinating DBS checks for volunteers and local social enterprises.
## **Financial review**
Our Board of Trustees and Senior Management Team meet regularly to review all finances both at the Finance Sub Group, the Boards of our Social Enterprises and the main Spitfire Services Board. Detailed accounts are presented to the main Spitfire Board for scrutiny and to ensure we are on target to achieve the budgets set each year. We study trends and plan each financial year accordingly, depending on the climate we find ourselves in. Moving into the new financial year the ongoing impact of COVID-19 cannot be underestimated. We will seek to obtain any government financial help available to us and work with our funders so that we can continue to deliver our services in the most cost-effective way we can.
## **Principal funding sources**
The organisation has three core sources of funding as follows:
Enterprise Activity - this comprises of income from both Upcycle Birmingham CIC and Castle Pool Community Partnership
Funding Contracts- This is made up of secured contracts to deliver specific services including Pioneer Group to deliver Money Advice to their tenants and the LEAS Birmingham City Council Contract to deliver Debt & Benefit Advice.
Grants and Trust funds from the National Lottery Reaching Communities and a number of trust funds who have generously supported us this year. These include the Roughley Trust, the Cole Trust, the Saintbury Trust and the 29[th] May 1964 Trust to name a few. Their generous support has enabled us to stage interventions that have supported many families in crisis.
## **Reserves policy**
The Trustees consider that, in the sectors current uncertain economic climate, Spitfire Services should continue to operate financial diligence and work towards building up an unrestricted reserve of monies. To this end we aim is to work towards a target of 3 months operating costs as unrestricted reserves.
7
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) YEAR ENDED 31 MARCH 2022**
## **Statement of Trustees responsibilities**
The Trustees (who are also directors for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and the United Kingdom Generally Accepted Accounting Practice.
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. This includes the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to: -
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees Report was approved by the Board of Trustees and signed on its behalf by:
D Lane Chair of Trustees
3 November 2022
8
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **INDEPENDENT EXAMINERS REPORT**
## **TO THE TRUSTEES OF SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
I report to the trustees on my examination of the consolidated financial statements of Spitfire Advice and Support Services Limited for the year ending 31 March 2022.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for an independent examination. I report in respect of the examination of the charity’s financial statements carried out under section 144 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011Act.
## **Independent Examiner’s Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).;
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Paul Bowater ACA BVSC Accountancy Services First Floor Livery Place 35 Livery Street Birmingham B3 2PB
3 November 2022
9
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)**
## **YEAR ENDED 31 MARCH 2022**
|**Note**
**Income from;**
Donations and legacies
3
Charitable activities
4
Other trading income
5
**Total income**
**Expenditure on;**
Charitable activities
Other
Corporation tax
**Total resources expended**
**Net income/(expenditure) for**
**the year/Net movement in**
**funds**
**Opening fund balances**
**Closing fund balances**|**Unrestricted**
**funds**
**2022**
**£**
355,378
65,327
232,551
653,256
637,449
278
8
637,735
15,521
137,317
152,838|**Restricted**
**funds**
**2022**
**£**
76,675
-
-
76,675
76,675
-
-
76,675
-
-
-|**Total**
**2022**
**£**
432,053
65,327
232,551
729,931
714,124
278
8
714,410
15,521
137,317
152,838|**Total**
**2021**
**£**
679,571
200
79,017|
|---|---|---|---|---|
|||||758,788|
|||||621,180
395
-|
|||||621,575|
|||||137,213
104|
|||||137,317|
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
10
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **BALANCE SHEETS AS AT 31 MARCH 2022**
|**Note**
**Fixed assets**
Tangible assets
10
Investments
11
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors: amounts falling**
**due with one year**
14
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling**
**due after more than one year**
15
**Net (liabilities)/assets**
**Income funds**
Restricted funds
16
Unrestricted funds|**Group**
**2022**
**£**
19,656
-
19,656
47,875
188,405
236,280
(77,232)
159,048
178,704
(25,866)
152,838
-
152,838
152,838|**Group**
**2021**
**£**
23,520
-
23,520
107,100
131,374
238,474
(92,354)
146,120
169,640
(32,323)
137,317
-
137,317
137,317|**Charity**
**2022**
**£**
10,457
4
10,461
41,797
100,552
142,349
(36,843)
106,506
105,506
-
115,967
-
115,967
115,967|**Charity**
**2021**
**£**
14,821
4|
|---|---|---|---|---|
|||||14,825|
|||||73,829
90,649|
|||||164,478
(66,593)|
|||||97,885|
|||||112,710
(1,990)|
|||||110,720|
|||||-
110,720|
|||||110,720|
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of the financial statements for the year ending 31 March 2022 in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.
The financial statements were approved by the Board of Trustees on 3 November 2022, and signed on behalf of the board by:
D Lane Chair of Trustees
11
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **CONSOLIDATED CASH FLOW STATEMENT YEAR ENDED 31 MARCH 2022**
|**Note**
**Cash flow from operating activities**
**Net cash provided by (used in) operating**
**activities**
1
**Cash flow from investing activities**
Purchase of tangible fixed assets
Proceeds from sale of tangible fixed assets
**Net cash used in investing activities**
**Cash flow from financing activities**
Proceeds from new loans
Loan repayments
Interest paid
**Net cash provided by/(used in) financing**
**activities**
**Change in cash and cash equivalents during**
**the year**
**Cash and cash equivalents at start of year**
2
**Cash and cash equivalents at end of year**
2|**2022**
**£**
102,239
(13,643)
-
(13,643)
-
(29,037))
(2,528)
(31,565)
57,031
131,374
188,405|**2021**
**£**
139,476|
|---|---|---|
|||(13,199)
500|
|||(12,699)|
|||35,000
(27,521)
(3,691)|
|||3,788|
|||130,565
809|
|||131,374|
12
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE CONSOLIDATED CASHFLOW STATEMENT YEAR ENDED 31 MARCH 2022**
## **1. Reconciliation of net income/(expenditure) to net cash flow from operating activities**
|Net income/(expenditure) for the year
**Adjustments for:**
Depreciation
Profit on sale on tangible fixed assets
Corporation tax
Interest paid
Decrease/(Increase) in debtors
Increase/(Decrease) in creditors
**Net cash provided by (used in) operating**
**activities**
**2. Analysis of cash and cash equivalents**
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts
falling due within one year
**Total cash and cash equivalents**|**2022**
**£**
15,521
17,507
-
8
2,528
59,225
7,450
102,239
**2022**
**£**
188,405
-
-
188,405|**2021**
**£**
137,213
14,097
(500)
-
3,691
1,455
(16,480)|
|---|---|---|
|||139,476|
|||**2021**
**£**
221
131,153
-|
|||131,374|
13
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **1. Accounting Policies**
## **Accounting convention**
The accounts have been prepared in accordance with the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a “Public Benefit Entity as defined by FRS 102.
These financial statements consolidate the results of the charitable company, its trading subsidiary, Upcycle Birmingham CIC and a connected charity, Castle Pool Community Partnership, on a line by line basis. Transactions and balances between the charitable company and its subsidiaries have been eliminated from the consolidated financial statements. Balances between the charitable company and its two subsidiaries are shown in the notes to the charity’s balance sheet. A separate statement of financial activities, or Income and Expenditure account, for the charitable company itself is not presented because the charitable company has taken advantage of the exemptions afforded by Section 408 of the Companies Act 20026.
The financial statements are prepared in sterling, which is the functional currency of the charity.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **Incoming resources**
These are included in the Statement of Financial Activities (SOFA) when:
- The charity becomes legally entitled to the resources after any performance conditions have been met;
- The trustees are virtually certain that they will receive the resources; and
- The monetary value can be measured with sufficient reliability.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.
14
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **1. Accounting Policies (continued)**
Charitable income includes sponsorship of the annual conference and contributions towards the charity’s objectives.
## **Resources expended**
Charitable activities include all costs relating to the conference, newsletters and general administration, which support the charitable purpose.
Grants offered subject to conditions, which have not been met at the year-end date are noted as a commitment, but not accrued as expenditure.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings that have been allocated to activities on a basis consistent with the use of the resources.
## **Incoming resources with related expenditure**
When incoming resources have related expenditure (as with fundraising or contract income) both are reported gross in the SOFA.
## **Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values their useful lives on the following bases:
Fixtures and fittings – 4 and 5 years Computers – straight line over 4 years
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with bankers, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **Financial instruments**
The charity has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Issues” of FRS 102 to all of its financial instruments.
15
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **1. Accounting Policies (continued)**
Financial instruments are recognised in the charity’s balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assets and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market value of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
## _**De-recognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **Pensions**
The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund for the year.
## **Hire purchase and leasing commitments**
Rentals paid under operating income are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.
## **2. Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
16
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **3. Donations and legacies**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Money Advice - Pioneer Group
Reaching Communities Fund
Crisis Fund - Pioneer Group
Community Hub Funding Donation
UK National Agency
Birmingham City Council
HS2 Funding
BCC rates refund
BCC National Leisure Recovery
Fund
Sports England Covid 19 Recovery Fund
Power to Change
BCC Retail Hospitality & Leisure
grant
Big Lottery
CYP Early Help
Criminal Justice
Welsh House Farm
Erdington Neighbourhood Network Scheme
Charities Aid Foundation
ESC Lottery Fund
BCC Leisure facility Local
Restrictions Restart Grant
Access Research Fund
Moto in the Community Fund
Birmingham City Council - Delivery
of IAG Advice Service Strategy
Pioneer Housing and Community Group
Community Justice Fund
Social Enterprise Support Fund
**Analysis by fund**
Unrestricted funds
Restricted funds|**Unrestricted**
**reserves**
53,033
-
-
-
-
-
`120,500
-
5,873
-
-
-
-
-
-
-
8,500
-
-
13,100
18,000
9,780
260
25,750
50,582
30,000
20,000
355,378|**Restricted**
**reserves**
-
-
-
--
-
-
-
-
-
-
-
-
-
76,675
-
-
-
-
-
-
-
-
-
-
-
-
-
-
76,675||**2022**
**£**
53,033
-
-
-
-
-
120,500
-
5,873
-
-
-
-
76,675
-
-
8,500
-
-
13,100
18,000
9,780
260
25,750
50,582
30,000
20,000
432,053
355,378
76,675
432,053|**2021**
**£**
33,893
29,131
74,812
8,000
12,000
23,106
147,500
52,107
60,169
27,628
9,080
5,000
5,000
118,995
5,000
25,000
7,650
5,000
30,500
-
-
-
-
-
-
-
-|
|---|---|---|---|---|---|
||||||679,571|
||||||485,764
193,807|
||||||679,571|
17
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS053 YEAR ENDED 31 MARCH 2022**
## **4. Income from charitable activities**
|Room hire
Other fees
Total for the year
**Analysis by fund**
Unrestricted funds
Restricted funds
**5. Other income**
Fundraising events
Fees
Total for the year
**Analysis by fund**
Unrestricted funds
Restricted funds
**6. Expenditure on charitable activities**
Direct costs
Support costs
**Analysis by fund**
Unrestricted funds
Restricted funds||**2022**
**£**
22,152
43,175
65,327
65,327
-
65,327
**2022**
**£**
2,375
230,176
232,551
232,551
-
232,551
**2022**
**£**
706,454
7,670
714,124
637,449
76,675
714,124||**2021**
**£**
(480)
680|
|---|---|---|---|---|
|||||200|
|||||200
-|
|||||200|
|||||**2021**
**£**
-
79,017|
|||||79,017|
|||||79,017
-|
|||||79,017|
|||||**2021**
**£**
609,711
11,469|
|||||621,180|
|||||427,373
193,807|
|||||621,180|
18
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **7. Support costs**
||**Management**|**Finance**|**Support**|**Total**|**Total**|
|---|---|---|---|---|---|
||**2022**|**2022**|**2022**|**2022**|**2021**|
||**£**|**£**|**£**|**£**|**£**|
|Charitable activities|90|4,346|3,234|7,670|11,469|
## **8. Trustees**
|Trustees salaries
Trustees Social security costs|**2022**
**£**
11,639
487
12,126|**2021**
**£**
12,697
540|
|---|---|---|
|||13,237|
All Trustees hold voluntary positions and are not paid a salary in their capacity as a Trustee.
None of the trustees (or any persons connected with them) received any expenses from the charity during the year (2021 - £nil).
## **9. Employees**
|Wages and salaries
Social security costs
Other pensions costs|**2022**
**£**
359,213
25,524
6,572
391,910|**2021**
**£**
323,424
29,985
10,519|
|---|---|---|
|||363,928|
The average number of employees during the year was 23 (2021 – 22). No employee received emoluments in excess of £60,000.
19
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **10. Tangible fixed assets**
|**Group**
**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
**and impairment**
At 1 April 2021
Charge for the
year
Disposals
At 31 March 2022
**Carrying amount**
At 31 March 2022
At 31 March 2021
**Charity**
**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
**and impairment**
At 1 April 2021
Charge for the
year
Disposals
At 31 March 2022
**Carrying amount**
At 31 March 2022
At 31 March 2021|**Fixtures**
**and**
**fittings**
**£**
43,088
10,317
-
53,405
28,717
13,350
-
42,067
11,338
14,371
**Fixtures**
**and**
**fittings**
**£**
14,134
-
--
14,134
8,463
3,533
-
11,996
2,138
5,671|**Motor**
**vehicles**
**£**
-
-
-
-
-
-
-
-
-
-
**Motor**
**vehicles**
**£**
-
-
-
-
-
-
-|**Computer**
**equipment**
**£**
13,303
3,326
-
16,629
4,154
4,157
-
8,311
8,318
9,149
**Computer**
**equipment**
**£**
13,303
3,326
-
16,629
4,153
4,157
-
8,310
8,319
9,150|**Total**
**£**
56,391
13,643
-|
|---|---|---|---|---|
|||||70,034|
|||||32,871
17,507
-|
|||||50,378|
|||||19,656|
|||||23,520|
|||||**Total**
**£**
27,437
3,326
-|
|||||30,763|
|||||12,616
7,690
-|
|||||20,306|
|||||10,457|
|||||14,821|
20
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **12. Investments - charity only**
|**Investment in subsidiary undertakings**
Cost and carrying value|**2022**
**2021**
**£**
**£**
4
4|
|---|---|
The charity is the beneficial owner of the entire issued share capital of Upcycle Birmingham CIC, a company registered in England and Wales.
## **13. Financial instruments**
|**Carrying amount of financial**
**assets**
Debt instruments measured at
amortised cost
**Carrying value of financial**
**liabilities**
Measured on amortised costs
**Debtors**
**Amounts falling due within one**
**year**
Trade debtors
Amounts due from group
undertakings
Prepayments and accrued income|**Group**
**2022**
**£**
-
-
**Group**
**2022**
**£**
44,270
-
3,605
47,875|**Group**
**2021**
**£**
-
-
**Group**
**2021**
**£**
104,765
-
2,335
107,100|**Charity**
**2022**
**£**
-
-
**Charity**
**2022**
**£**
32,430
7,000
2,367
41,797|**Charity**
**2021**
**£**
-|
|---|---|---|---|---|
|||||-|
|||||**Charity**
**2021**
**£**
58,165
13,593
2,081|
|||||78,829|
## **14. Debtors**
21
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
## **15. Creditors: amounts falling due within one year**
|CAF Investment Fund loan
Bounce Back loan
Trade creditors
Social security and other taxes
Pensions
Corporation tax
Other creditors
Accruals and deferred income
**-**|**Group**
**2022**
**£**
17,147
4,467
11,828
7,345
1,421
8
45
60,624|**Group**
**2021**
**£**
39,527
4,667
19,961
7,841
1,491
-
-
18,867
92,354|**Charity**
**2022**
**£**
17,147
-
6,126
7,121
1,317
-
45
5,087
36,843|**Charity**
**2021**
**£**
39,527
-
10,053
7,477
1,208
-
-
8,148|
|---|---|---|---|---|
|||||66,593|
||||||
## **16. Creditors: amounts falling due after more than one year**
|CAF Investment Fund
Bounce Back loan|**Group**
**2022**
**£**
-
25,866
25,866|**Group**
**2021**
**£**
1,990
30,333
32,323|**Charity**
**2022**
**£**
-
-
-|**Charity**
**2021**
**£**
1,990
-|
|---|---|---|---|---|
|||||1,990|
## **17. Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|**Group**
Big Lottery- Covid 19
Resilience Funding
Reaching Communities Fund|**Balance at**
**1April 2021**
**£**
-
-
-
-|**Movement**
**in funds**
**Incoming**
**resources**
**£**
76,675
-
-
76,675|**Resources**
**expended**
**£**
76,675
-
-
76,675|**Balance**
**at 31**
**March**
**2022**
**£**
-
-
-|
|---|---|---|---|---|
||||||
22
**SPITFIRE ADVICE AND SUPPORT SERVICES LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2022**
|**Charity**
Big Lottery- Covid 19
Resilience Funding
Reaching Communities Fund|**Balance at**
**1April 2021**
**£**
-
-
-
-|**Movement**
**in funds**
**Incoming**
**resources**
**£**
76,675
-
-
76,675|**Resources**
**expended**
**£**
76,675
-
-
76,675|**Balance**
**at 31**
**March**
**2022**
**£**
-
-
-|
|---|---|---|---|---|
||||||
## **18. Analysis of net assets between funds**
Fund balances at 31 March 2022 and 31 March 2021 are represented by current assets/ (liabilities).
## **19. Related party transaction**
There were no disclosable related party transactions during the year (2021 – none).
23