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2022-12-31-accounts

Current financial year Unrestricted Restricted Total Total
funds funds
2022 2022 2022 2021
Notes
£
£ £ £
Incomel!meo5lgwmeomfigm:
Donationsandlegacies
Investments
3
4
17,446 279,589 297,035 326,709
5
Otherincome 5 6,335 6,335 6,473
TotalIncome 23,781 279,589 303,370 333,187
Expenditureon:
Charitable activities
6 26,768 306,615 333,383 423,302
Netoutgoingresourcesbeforetransfers (2,987) (27,026) (30,013) (90,115)
Grosstransfersbetweenfunds 39,948 (39,948)
Net income/(expenditure) fortheyear/
Netmovementinfunds
36,961 (66,974) (30,013) (90,115)
Fundbalancesat1 January2022 20,830 95,633 116,463 206,578
Fundbalancesat31December2022 57,791 28,659 86,450 116,463
-- -- -- --

Prior financial year
Unrestricted Restricted Total
funds funds
2021 2021 2021
Notes £ £ £
Incomeand!ndowments from:
Donationsandlegacies 3 19,054 307,655 326,709
Investments 4 5 5
Otherincome 5 6,473 6,473
Totalincome 25,532 307,655 333,187
Expenditureon:
Charitableactivities
6 7,747 415,555 423,302
Netoutgoingresourcesbeforetransfers 17,785 (107,900) (90,115)
Grosstransfersbetweenfunds 867 (867)
Netincome/(expenditure)fortheyear/
Netmovementinfunds
18,652 (108,767) (90,115)
Fundbalancesat1January2021 2,178 204,400 206,578
Fundbalancesat31December2021 20,830 95,633 116,463
-- -- --

2022 2021
Notes £ £ £ £
Fixed assets
Tangibleassets 11 8,831 10,178
Cunentassets
Debtors 12 19,054
Cashatbankandinhand 80,804 96,635
80,804 115,689
Creditors:amountsfallingduewithin
oneyear
13 (3,185) (9,404)
Netcurrentassets 77,619 106,285
Totalassetslesscunentliabilities 86,450 116,463
--
--
Incomefunds
Restrictedfunds 14 28,659 95,633
Unrestrictedfunds 57,791 20,830
86,450 116,463
-- --

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
Grantsreceived 11,500 245,589 257,089 19,054 267,468 286,522
Contractsreceived 5,946 34,000 39,946 40,187 40,187
--- --- --- --- --- ---

Total Unrestricted
funds
2022
2021
£
£
Interestreceivable 5
Otherincome
Un~strlctedUnrestrlcted
funds funds
2022 2021
£ £
Otherincome 6,335 6,473

Business, Business,
youth &
youth &
community
community
development development
2022 2021
£ £
Staffcosts 167,220 136,169
Depreciationandimpainnent 1,347 1,796
Rent&utilities 36,159 29,077
Insurance 3,754 526
Officecostsandadministration 15,341 6,542
FoodSupplies 21,145
Sundryexpenses 13,215 8,861
Professional,accountancyandlegalfees 288 21,164
Advertising&marketing 13,337 34,769
Consultancyfees 23,108 75,091
BankCharges 216 188
Equipment 9,497 43,504
PPEcosts 6,644
Repairs&maintenance 10,330
Events&exhibitioncosts 26,794 46,671
331,421 421,332
Shareofgovernancecosts(seenote7) 1,962 1,970
333,383
423,302
-- --
Analysisbyfund
Unrestrictedfunds 26,768
7,747
Restrictedfunds 306,615
415,555
333,383
423,302
-- --

Support costs
Support Governance 2022 2021
costs costs
£ £ £ £
Accountancyfees 1,962 1,962 1,970
1,962 1,962 1,970
Analysedbetween
Charitable activities 1,962 1,962 1,970

2022 2021
Number Number
Administration Staff 4
Chief Executive Office
Total 5 2
--- ---
Employment costs 2022 2021
£ £
Wagesandsessional staff 159,379 134,496
Social security costs 6,355 1,060
Otherpensioncosts 1,486 613
167,220 136,169
--- ---

Tangiblefixedassets
Fixturesand Computers Total
fittings
£ £ £
Cost
At1January2022 35,897 939 36,836
At31December2022 35,897 939 36,836
Depreciationandimpainnent
At 1January2022 25,719 939 26,658
Depreciationchargedintheyear 1,347 1,347
At31December2022 27,066 939 28,005
Canyingamount
At31December2022 8,831 8,831
-- -- --
At31December2021 10,178 10,178
-- -- --

Debtors
2022 2021
Amountsfallingduewithinoneyear: £ £
Tradedebtors 19,054
-- --
Creditors:amountsfallingduewithinoneyear
2022 2021
£ £
Othertaxationandsocialsecurity 1,085 326
Othercreditors 6,978
Accrualsanddeferredincome 2,100 2,100
3,185 9,404
- - --

MovementInfunds MovementInfunds MovementInfunds MovementInfunds
Balance at Incoming Tranafera Balanceat Incoming Resources Transfera Balanceat
1 January resources expended 1 January 2022 rNourcn expended 31 December
2021 2022
£ £ £ £ £ £ £ £ £
HeartofEngland 9,537 (10,971) 1,434 9,537
Inspiring to Achieve (384) 384
ArtsCouncil Research Project 371 (371)
Active Citizens 484 (484)
Accerlerate Project 26,091 (26,654) 563
HeartofEngland Covid 822 (822)
Arts Council Culture Recovery 65,544 24,776 (90,586) 266
Heritage Fund Emergency 49,980 6,084 (55,104) (960)
Heritage Continuity Project 47,816 (32,476) (15,340)
Arts Council Emergency Resource Fund 75,316 (45,471) (29,845)
NLCF Covid Crisis Managemen1 78,046 (13,178) (2,164)
This is Africa 1,000 (1,150) 150 34,000 (38,912) 4,912
Coventry Black Community Taskforce 47,029 (13,998) 33,031 15,676 (48,707)
Coventry Community Champions 14,096 (15,233) 1,137
Youth Vision Project 99,119 (47,578) 51,541 67,649 (93,256) 325 26,259
Hertitage Fund Art-up 89,460 (78,399) 11,061 9,940 (21,001)
WAVA Hall Jubilee Fund 9,938 (7,538) 2,400
Confidence BuildingandBusiness
Awareness project 19,254 (19,254)
204,400 307,655 (415,555) (867) 95,633 279,589 (306,615) (39,948) 28,659
--- --- - - - --- ---

Therewerenodisclosablerelatedpartytransactionsduringtheyear(2021-none).
16 Cashgeneratedfromoperations 2022 2021
£ £
Deficitfortheyear (30,013) (90,115)
Adjustmentsfor:
Investmentincomerecognisedinstatementoffinancialactivities (5)
Depreciationandimpairmentoftangiblefixedassets 1,347 1,796
Movementsinworkingcapital:
Decrease/(increase)indebtors 19,054 (5,667)
(Decrease)/increaseincreditors (6,219) 41
Cashabsorbedbyoperations (15,831) (93,950)