This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2024-03-31-accounts
|
Page |
| Trustees' report |
1 - 9 |
| Statement of Trustees' responsibilities |
10 |
| Independent examiner's report |
11 |
| Statement of financial activities |
12 |
| Balance sheet |
13 |
| Statement of cash flows |
14 |
| Notes to the financial statements |
15-23 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donations and legacies |
3 |
570 |
- |
570 |
- |
9,720 |
9,720 |
| Charitable activities |
4 |
748,568 |
- |
748,568 |
538,531 |
114,080 |
652,611 |
| Other trading activities |
5 |
- |
- |
- |
1,369 |
- |
1,369 |
| Investments |
6 |
8,888 |
- |
8,888 |
769 |
- |
769 |
| Total income |
|
758,026 |
- |
758,026 |
540,669 |
123,800 |
664,469 |
| Expenditure on: |
|
|
|
|
|
|
|
| Raising funds |
7 |
10,043 |
- |
10,043 |
16,862 |
- |
16,862 |
| Charitable activities |
8 |
650,602 |
- |
650,602 |
438,064 |
202,151 |
640,215 |
| Total expenditure |
|
660,645 |
- |
660,645 |
454,926 |
202,151 |
657,077 |
| Net income |
|
97,381 |
- |
97,381 |
85,743 |
(78,351) |
7,392 |
| Transfers between |
|
|
|
|
|
|
|
| funds |
|
76,677 |
(76,677) |
- |
4,248 |
(4,248) |
- |
| Net movement in |
|
|
|
|
|
|
|
| funds |
9 |
174,058 |
(76,677) |
97,381 |
89,991 |
(82,599) |
7,392 |
| Reconciliation of funds: |
|
|
|
|
|
|
|
| Fund balances at 1 April |
2023 |
514,847 |
76,677 |
591,524 |
424,856 |
159,276 |
584,132 |
| Fund balances at 31 March |
|
|
|
|
|
|
|
| 2024 |
|
688,905 |
- |
688,905 |
514,847 |
76,677 |
591,524 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
13 |
|
4,435 |
|
9,407 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
57,807 |
|
42,890 |
|
| Cash at bank and in hand |
|
630,473 |
|
541,706 |
|
|
|
688,280 |
|
584,596 |
|
| Creditors: amounts falling due within |
15 |
|
|
|
|
| one year |
|
(3,810) |
|
(2,479) |
|
| Net current assets |
|
|
684,470 |
|
582,117 |
| Total assets less current liabilities |
|
|
688,905 |
|
591,524 |
| Net assets excluding pension liability |
|
|
688,905 |
|
591,524 |
| The funds of the Charity |
|
|
|
|
|
| Restricted income funds |
17 |
|
- |
|
76,677 |
| Unrestricted funds |
|
|
688,905 |
|
514,847 |
|
|
|
688,905 |
|
591,524 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Cash flows from operating activities |
|
|
|
|
|
| Cash generated from operations |
21 |
|
81,969 |
|
13,115 |
| Investing activities |
|
|
|
|
|
| Purchase of tangible fixed assets |
|
(2,090) |
|
(9,126) |
|
| Investment income received |
|
8,888 |
|
769 |
|
| Net cash generated from/(used in) |
|
|
|
|
|
| investing activities |
|
|
6,798 |
|
(8,357) |
| Net cash used in financing activities |
|
|
- |
|
- |
| Net increase in cash and cash equivalents |
|
|
88,767 |
|
4,758 |
| Cash and cash equivalents at beginning of year |
|
|
541,706 |
|
536,948 |
| Cash and cash equivalents at end of year |
|
|
630,473 |
|
541,706 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Donations and gifts |
570 |
- |
570 |
- |
9,720 |
9,720 |
|
Unrestricted |
Restricted |
Total |
**Unrestricted ** |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Project |
|
|
|
|
|
|
| POhWER Contract |
704,132 |
- |
704,132 |
498,767 |
|
498,767 |
| Physical Disability |
44,436 |
- |
44,436 |
39,764 |
|
39,764 |
| Income from charitable |
|
|
|
|
|
|
| activities |
|
- |
- |
|
114,080 |
114,080 |
|
748,568 |
- |
748,568 |
538,531 |
114,080 |
652,611 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Fundraising events |
- |
1,369 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Interest receivable |
8,888 |
769 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Fundraising and publicity |
|
|
| Raising funds |
1,787 |
8,763 |
| Staff costs |
8,256 |
8,099 |
|
10,043 |
16,862 |
|
**Charitable ** |
**GovernanceAdmin costsDepreciation ** |
**GovernanceAdmin costsDepreciation ** |
**GovernanceAdmin costsDepreciation ** |
Total |
|
expenditure |
costs |
|
|
|
|
2024 |
2024 |
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
£ |
£ |
| Direct costs |
|
|
|
|
|
| Staff costs |
- |
40,959 |
509,847 |
- |
550,806 |
| Depreciation and impairment |
- |
- |
- |
7,063 |
7,063 |
| Charitable activities |
2 |
- |
58,998 |
- |
59,000 |
|
2 |
40,959 |
568,845 |
7,063 |
616,869 |
| Share of support and governance costs (see note ) |
|
|
|
|
|
| Support |
24,080 |
- |
- |
- |
24,080 |
| Governance |
- |
9,653 |
- |
- |
9,653 |
|
24,082 |
50,612 |
568,845 |
7,063 |
650,602 |
| Analysis by fund |
|
|
|
|
|
| Unrestricted funds |
24,082 |
50,612 |
568,845 |
7,063 |
650,602 |
|
24,082 |
50,612 |
568,845 |
7,063 |
650,602 |
| Previous year: |
**Charitable ** |
GovernanceAdmin costsDepreciation |
|
|
Total |
|
expenditure |
costs |
|
|
|
|
2023 |
2023 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Direct costs |
|
|
|
|
|
| Staff costs |
146,128 |
17,401 |
322,555 |
- |
486,084 |
| Depreciation and impairment |
- |
- |
- |
6,407 |
6,407 |
| Charitable activities |
56,024 |
- |
19,173 |
- |
75,197 |
|
202,152 |
17,401 |
341,728 |
6,407 |
567,688 |
| Share of support and governance costs (see note ) |
|
|
|
|
|
| Support |
67,383 |
- |
- |
- |
67,383 |
| Governance |
- |
5,144 |
- |
- |
5,144 |
|
269,535 |
22,545 |
341,728 |
6,407 |
640,215 |
| Analysis by fund |
|
|
|
|
|
| Unrestricted funds |
67,384 |
22,545 |
341,728 |
6,407 |
438,064 |
| Restricted funds |
202,151 |
- |
- |
- |
202,151 |
|
269,535 |
22,545 |
341,728 |
6,407 |
640,215 |
| 9 |
Net movement in funds |
2024 |
2023 |
|
|
£ |
£ |
|
The net movement in funds is stated after charging/(crediting): |
|
|
|
Depreciation of owned tangible fixed assets |
7,063 |
6,407 |
| The average monthly number of employees during th |
e year was: |
|
|
2024 |
2023 |
|
Number |
Number |
|
21 |
21 |
| Employment costs |
2024 |
2023 |
|
£ |
£ |
| Wages and salaries |
506,683 |
446,757 |
| Social security costs |
38,470 |
31,875 |
| Other pension costs |
13,909 |
15,551 |
|
559,062 |
494,183 |
| **13 ** |
Tangible fixed assets |
|
|
|
|
|
Plant and |
Fixtures and |
Total |
|
|
equipment |
fittings |
|
|
|
£ |
£ |
£ |
|
Cost |
|
|
|
|
At 1 April 2023 |
66,327 |
23,823 |
90,150 |
|
Additions |
- |
2,090 |
2,090 |
|
At 31 March 2024 |
66,327 |
25,913 |
92,240 |
|
Depreciation and impairment |
|
|
|
|
At 1 April 2023 |
63,003 |
17,739 |
80,742 |
|
Depreciation charged in the year |
3,324 |
3,739 |
7,063 |
|
At 31 March 2024 |
66,327 |
21,478 |
87,805 |
|
Carrying amount |
|
|
|
|
At 31 March 2024 |
- |
4,435 |
4,435 |
|
At 31 March 2023 |
3,323 |
6,084 |
9,407 |
| **14 ** |
Debtors |
|
|
|
|
|
|
2024 |
2023 |
|
Amounts falling due within one year: |
|
£ |
£ |
|
Trade debtors |
|
54,342 |
42,890 |
|
Prepayments and accrued income |
|
3,465 |
- |
|
|
|
57,807 |
42,890 |
| **15 ** |
Creditors: amounts falling due within one year |
|
|
|
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Trade creditors |
|
810 |
(521) |
|
Accruals and deferred income |
|
3,000 |
3,000 |
|
|
|
3,810 |
2,479 |
| **16 ** |
Retirement benefit schemes |
|
|
|
|
|
|
2024 |
2023 |
|
Defined contribution schemes |
|
£ |
£ |
|
Charge to profit or loss in respect of defined contribution schemes |
|
13,909 |
15,551 |
|
At 1 April |
Incoming |
Resources |
Transfers |
At 31 March |
|
2023 |
resources |
expended |
|
2024 |
|
£ |
£ |
£ |
£ |
£ |
| Crisis Advocacy |
34,374 |
- |
- |
(34,374) |
- |
| Moving on Project |
42,303 |
- |
- |
(42,303) |
- |
|
76,677 |
- |
- |
(76,677) |
- |
| Previous year: |
At 1 April |
Incoming |
Resources |
Transfers |
At 31 March |
|
2022 |
resources |
expended |
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Walsall Care Act |
- |
60,609 |
(56,332) |
(4,277) |
- |
| CAF Resilience Grants |
82,628 |
46,536 |
(129,164) |
- |
- |
| Crisis Advocacy |
34,374 |
- |
- |
- |
34,374 |
| Moving on Project |
42,303 |
- |
- |
- |
42,303 |
| Next Stop |
(4,885) |
- |
- |
4,885 |
- |
| Working with Learning Disabled |
|
|
|
|
|
| Parents |
4,856 |
- |
- |
(4,856) |
- |
| Creative City - Personal Best |
- |
10,280 |
(10,280) |
- |
- |
| Training Costs - Sutton |
|
|
|
|
|
| Charities |
- |
6,375 |
(6,375) |
- |
- |
|
159,276 |
123,800 |
(202,151) |
(4,248) |
76,677 |
|
At 1 April |
Incoming |
Resources |
Transfers |
At 31 March |
|
2023 |
resources |
expended |
|
2024 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
514,847 |
758,026 |
(660,645) |
76,677 |
688,905 |
| Previous year: |
At 1 April |
Incoming |
Resources |
Transfers |
At 31 March |
|
2022 |
resources |
expended |
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
| General funds |
424,856 |
540,669 |
(454,926) |
4,248 |
514,847 |
|
**Unrestricted ** |
Restricted |
Total |
|
|
funds funds |
|
|
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
| At 31 March 2024: |
|
|
|
| Tangible assets |
4,435 |
|
4,435 |
| Current assetsZ(liabilities) |
684,470 |
|
684,470 |
|
688,905 |
|
688,905 |
|
**Unrestricted ** |
Restricted |
Total |
|
funds |
funds |
|
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| At 31 March 2023: |
|
|
|
| Tangible assets |
9,407 |
|
9,407 |
| Current assets/(liabilities) |
505,440 |
76,677 |
582,117 |
|
514,847 |
76,677 |
591,524 |
|
|
|
|
| **21 ** |
Cash generated from operations |
2024 |
2023 |
|
|
£ |
£ |
|
Surplus for the year |
97,380 |
7,392 |
|
Adjustments for: |
|
|
|
Investment income recognised in statement of financial activities |
(8,888) |
(769) |
|
Depreciation and impairment of tangible fixed assets |
7,063 |
6,407 |
|
Movements in working capital: |
|
|
|
(lncrease)/decrease in debtors |
(14,917) |
453 |
|
IncreaseZ(decrease) in creditors |
1,331 |
(368) |
|
Cash generated from operations |
81,969 |
13,115 |
| **22 ** |
Analysis of changes in net funds |
|
|