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2023-04-30-accounts

Trustees Derek Radcliffe Derek Radcliffe
Diane Hughes
Mark Taylor (Appointed 18January 2023)
Charity number 1151711
Principal address Droitwich
Youth House
Old Coach Road
Droitwich
Worcestershire
WR9 8BB
Auditor Ormerod
Rutter Limited
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Senior management team Maggie Allen - Chief Executive Officer
Amy Armis - Service Lead
Bankers CAF Bank
25 Kings
Hill Avenue
Kings
Hill
West Mailing
Kent
ME194JQ
HSBC Bank Pic
6 Broad Street
Worcester
Worcestershire
WR1 2EJ

Page
Trustees'
report		 1-8
Independent
auditor's		 report 9-11
Statement offinancial activities 12
Balance sheet 13
Statement ofcash flows 14
Notes to the financial statements 15-26

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2022 2022 2022
Notes E
Income from:
Donations
and
legacies 3 20,963 1,862 22,825 56,193 54,340 110,533
Charitable
activities		 4 1,017,196 1,017,196 714,163 714,163
Investments 5 58 58
Total income 1,038,217 1,862 1,040,079 770,356 54,340 824,696
Charitable
activities		 6 1,030,008 3,701 1,033,709 739,481 88,212 827,693
Net incomel(expenditure)
for the year/
Net movement in funds 8,209 (1,839) 6,370 30,875 (33,872) (2,997)
Fund balances at 1 May
2022 96,284 5,920 102,204 65,409 39,792 105,201
Fund balances at 30April
2023 104,493 4,081 108,574 96,284 5,920 102,204

2023 2022
Notes F.
Fixed assets
Tangible assets 13 180,848 95,123
Current assets
Debtors 14 134,590 114,078
Cash at bank and in hand 78,683 107,408
213,273 221,486
Creditors: amounts falling due within
one year 16 (67,912) (62,943)
Net current assets 145,361 158,543
Total assets less current liabilities 326,209 253,666
Creditors: amounts falling due after
more than one year 17 (217,635) (151,462)
Net assets 108,574 102,204
Income funds
Restricted funds 18 4,081 5,920
Unrestricted
funds		 104,493 96,284
108,574 102,204

2023 2022
Notes E
Cash flows from operating activities
Cash absorbed
by operations		 22 (173,302) (6,687)
Investing activities
Purchase oftangible
fixed assets		 (97,803) (54,831)
Investment income received 58
Net cash used in investing activities (97,745) (54,831)
Financing activities
Proceeds from borrowings 100,000
Net movement
in borrowings		 142,322
Payment ofobligations
under		 finance leases (2,593)
Net cash generated
from/(used		 in)
financing activities 242,322 (2,593)
Net decrease
in cash and		 cash equivalents (28,725) (64,111)
Cash and cash equivalents at beginning ofyear 107,408 171,519
Cash and cash equivalents at end of year 78,683 107,408

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2023 2022
f. F
Client income 1,017,196 714,163
5 Investments
Unrestricted Total
funds
2023 2022f
Interest receivable 58
6 Charitable
activities
2023 2022
Staff costs 758,990 560,257
Depreciation and impairment 12,078 9,688
Operating
costs		 165,561 123,089
Property costs 59,782 32,347
Loan interest 10,380 7,008
Development costs 12,098 94,614
1,018,889 827,003
Share ofsupport costs (see note 7) 9,786
Share ofgovernance costs (see note 7) 5,034 690
1,033,709 827,693
Analysis
by		 fund
Unrestricted funds 1,030,008 739,481
Restricted funds 3,701 88,212
1,033,709 827,693

7 Support costs
Support Governance 2023 2022
costs costs
Accountancy fees 4,347 4,347
Resonance
loan fees		 5,439 5,439
Audit fees (2022: Independent examination fees) 4,800 4,800 660
Meeting costs 234 234 30
9,786 5,034 14,820 690
Analysed
between
Charitable
activities		 9,786 5,034 14,820 690
8 Net movement
in funds		 2023 2022
E E
Net movement
in funds		 is stated after charging/(crediting)
Depreciation
of owned tangible		 fixed assets 12,078 9,688
Operating
lease charges		 8,009 7,850
Audit fees/ Independant examination fees 4,800 660

The average
monthly
number
ofemployees
during th		 e year was:
2023 2022
Number Number
41 32
Employment
costs		 2023 2022
Wages and salaries 674,535 492,012
Social security costs 44,086 32,775
Other pension costs 16,254 11,291
Other staff costs 24,115 24,179
758,990 560,257

13 Tangible fixed assets
Computers Motor vehicles Motor vehicle Total
clampsf
Cost
At 1 May 2022 133,629 133,629
Additions 6,355 86,925 4,523 97,803
At 30April 2023 6,355 220,554 4,523 231,432
Depreciation
and impairment
At 1 May 2022 38,506 38,506
Depreciation
charged		 in the year 883 11,101 94 12,078
At 30April 2023 883 49,607 94 50,584
Carrying
amount
At 30April 2023 5,472 170,947 4,429 180,848
At 30April 2022 95,123 95,123
14 Debtors
Amounts
falling due		 within one year: 2023f 2022
Trade debtors 117,480 100,342
Other debtors 132 10,772
Prepayments
and accrued income		 16,978 2,964
134,590 114,078

15 Loans and overdrafts Loans and overdrafts
2023 2022
Other loans 200,001
Loans from related parties 42,321
242,322
Payable
within one year		 24,687
Payable after one year 217,635
16 Creditors: amounts falling due within one year
2023 2022f
Borrowings 24,687
Other taxation and social security 7,526
Trade creditors 1,909
Other creditors 18,869 41,183
Accruals and deferred income 24,356 12,325
67,912 62,943
17 Creditors: amounts falling due after more than one year
2023 2022
Borrowing s 217,635
External
loan		 100,000
Other creditors 51,462
217,635 151,462
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19 Analysis ofnet assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
E
Fund balances at 30
April 2023 are
represented
by:
Tangible assets 180,848 180,848 95,123 95,123
Current assets/(liabilities) 141,280 4,081 145,361 152,623 5,920 158,543
Long term liabilities (217,635) - (217,635) (151,462) (151,462)
104,493 4,081 108,574 96,284 5,920 102,204

2023 . 2022
Within one year 20,864 20,000
Between two and five years 81,728 80,000
In over five years 303,389 20,000
405,981 120,000

22 Cash generated
from		 operations 2023
F		 2022
f
Surplus/(deficit)
for the		 year 6,370 (2,997)
Adjustments
for:
Investment
income recognised
in statement		 offinancial activities (58)
Depreciation
and impairment
oftangible		 fixed assets 12,078 9,688
Movements
in working		 capital:
(Increase)
in debtors		 (20,512) (12,396)
(Decrease)
in creditors		 (171,180) (982)
Cash absorbed
by operations		 (173,302) (6,687)
23 Analysis ofchanges in net debt
At 1 May 2022 Cash flows Acquisitions
and		 At 30April 2023
disposals
Cash at bank and
in hand		 107,408 (28,725) 78,683
Loans falling due within one year 75,313 (100,000) (24,687)
Loans falling due after more than one year (217,635) (217,635)
107,408 (171,047) (100,000) (163,639)