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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Independent<br>Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||9|to|10|
|Notes to the Financial Statements||11|to|17|
|Detailed Statement ofFinancial Activities||18|to|19|





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||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations<br>and legacies|||20,980||20,980||
|Charitable<br>activities|||||||
|SMBC SLA/Contracts|||131,839|25,000|156,839|119,656|
|Other Income|||8,320||8,320||
|Embracing<br>Change Project||||60,497|60,497||
|Raise||||68,724|68,724|65,768|
|BBOBridges||||20,830|20,830|23,686|
|BBOCommunity<br>Matters||||8,388|8,388|70,125|
|BBOFamily Matters||||7,510|7,510|23,214|
|UK Online||||||20,813|
|Awards for All England||||||9,848|
|Rank Foundation .|||10,500||10,500|650|
|Good Things Foundation||||12,188|12,188||
|Black Country Future||||57,162|57,162||
|Other trading activities||||||5,102|
|Investment<br>income|||26||26|16|
|Total|||171,665|260,299|431,964|338,878|
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|SMBC SLA/Contracts|||23,749|4,801|28,550|70,135|
|Premises Costs|||1,786|16,873|18,659|19,838|
|Administration|||25,687|3,326|29,013|27,681|
|Embracing<br>Change Project||||60,497|60,497||
|Raise||||68,716|68,716|81,565|
|BBOProjects||||36,736"|36,736|136,144|
|Good Things Foundation||||12,188|12,188||
|Black Country Future||||57,162|57,162||
|Total|||51,222|260,299|311,521|335,363|
|NET INCOME|||120,443||120,443|3,515|
|RECONCILIATION|OFFUNDS||||||
|Total funds brought forward|||113,670||113,670|110,155|
|TOTAL FUNDS CARRIED FORWARD|||234,113||234,113|113,670|





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|Balance Sheet<br>31March 2021||||||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|||Unrestricted|Restricted|Total|Total|
|||funds|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets||8,774||8,774|3,140|
|CURRENT ASSETS||||||
|Debtors||20,833||20,833|44,031|
|Cash in hand||224,502||224,502|107,169|
|||245,335||245,335|151,200|
|CREDITORS||||||
|Amounts<br>falling due within one year|10|(19,996)||(19,996)|(40,670)|
|NET CURRENT ASSETS||225,339||225,339|110,530|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||234,113||234,113|113,670|
|NET ASSETS||234,113||234,113|113,670|
|FUNDS||||||
|Unrestricted<br>funds||||234,113|113,670|
|TOTALFUNDS||||234,113|113,670|





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|2.|OTHER TRADING A|CTIVITIES|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
||Training Services|||3,800|
||Room Hire|||1,302|
|||||5,102|
|3.|INVESTMENT INCOME||||
||||31.3.21|31.3.20|
||Deposit account interest||26|16|
|4.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated aAer charging/(crediting):|||
||||31.3.21|31.3.20|
||Depreciation - owned assets||2,925|2,035|



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|7.|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|fund|funds|
||INCOME AND ENDOWMENTS FROM|||||
||Charitable<br>activities|||||
||SMBC SLA/Contracts||119,656||119,656|
||Raise|||65,768|65,768|
||BBOBridges|||23,686|23,686|
||BBOCommunity<br>Matters|||70,125|70,125|
||BBOFamily Matters|||23,214|23,214|
||UK Online||20,813||20,813|
||Awards for All England||9,848||9,848|
||Rank Foundation||650||650|
||Other trading activities||5,102||5,102|
||Investment<br>income||16||16|
||Total||156,085|182,793|338,878|
||EXPENDITURE ON|||||
||Charitable<br>activities|||||
||SMBC SLA/Contracts||70,135||70,135|
||Premises Costs||19,838||19,838|
||Administration||27,681||27,681|
||Raise|||81,565|81,565|
||BBOProjects|||136,144|136,144|
||Total||117,654|217,709|335,363|
||NET INCOME/(EXPENDITURE)||38,431|(34,916)|3,515|
||RECONCILIATION|OFFUNDS||||
||Total funds brought forward||75,239|34,916|110,155|
||TOTAL FUNDS CARRIED FORWARD||113,670||113,670|





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|8.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
|||Fixtures|||
|||and|Computer||
|||fittings|equipment|Totals|
||COST||||
||At 1 April 2020|21,767|41,253|63,020|
||Additions|8,559||8,559|
||At 31March 2021|30,326|41,253|71,579|
||DEPRECIATION||||
||At 1 April 2020|20,935|38,945|59,880|
||Charge for year|2,717|208|2,925|
||At 31March 2021|23,652|39,153|62,805|
||NET BOOKVALUE||||
||At 31March 2021|6,674|2,100|8,774|
||At 31March 2020|832|2,308|3,140|
|9.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.3.21|31.3.20|
||Trade debtors||20,833|41,786|
||Prepayments|||2,245|
||||20,833|44,031|
|10.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.3.21|31.3.20|
||Trade creditors||4,850|5,940|
||Social security and other taxes||4,150|4,725|
||Other creditors||9,796|28,805|
||Accrued expenses||1,200|1,200|
||||19,996|40,670|





|11.|MOVEMENT IN FUNDS|MOVEMENT IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.20|in funds|funds|31.3.21|
||Unrestricted|funds|||||||
||General fund||||53,670|120,443|(60,000)|114,113|
||Designated<br>Building Fund||||60,000||60,000|120,000|
||||||113,670|120,443||234,113|
||TOTAL FUNDS||||113,670|120,443||234,113|
||Net movement|in funds, included||in the above|are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
||Unrestricted|funds|||||||
||General fund|||||171,665|(51,222)|120,443|
||Restricted funds||||||||
||Restricted|||||260,299|(260,299)||
||TOTAL FUNDS|||||431,964|(311,521)|120,443|
||Comparatives|for movement|in|funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.19|in funds|funds|31.3.20|
||Unrestricted|funds|||||||
||General fund||||75,239|38,431|(60,000)|53,670|
||Designated<br>Building Fund||||||60,000|60,000|
||||||75,239|38,431||113,670|
||Restricted funds||||||||
||Restricted||||34,916|(34,916)|||
||TOTAL FUNDS||||110,155|3,515||113,670|





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|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||156,085|(117,654)|38,431|
|Restricted funds|||||||
|Restricted||||182,793|(217,709)|(34,916)|
|TOTAL FUNDS||||338,878|(335,363)|3,515|
|A current year|12months|and prior year 12months combined|position|is as follows:|||
|||||Net|Transfers||
|||||movement|between|At|
|||At 1.4.19||in funds|funds|31.3.21|
|Unrestricted|funds||||||
|General fund||75,239||158,874|(120,000)|114,113|
|Designated<br>Building Fund|||||120,000|120,000|
|||75,239||158,874||234,113|
|Restricted funds|||||||
|Restricted||34,916||(34,916)|||
|TOTAL FUNDS||110,155||123,958||234,113|



|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|||
|Unrestricted|funds||||
|General fund||327,750|(168,876)|158,874|
|Restricted funds|||||
|Restricted||443,092|(478,008)|(34,916)|
|TOTAL FUNDS||770,842|(646,884)|123,958|





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|Detailed Statement ofFinancial Activities<br>for the Year Ended 31March 2021|||
|---|---|---|
||31.3.21|31.3.20|
|INCOME AND ENDOWMENTS|||
|Donations<br>and legacies|||
|Grants|20,980||
|Other trading<br>activities|||
|Training Services||3,800|
|Room Hire||1,302|
|||5,102|
|Investment<br>income|||
|Deposit account interest|26|16|
|Charitable<br>activities|||
|UK Online||20,813|
|Sandwell MBC Funding|156,839|119,656|
|BBOProjects|36,728|117,025|
|ERDFRaise Project|68,724|65,768|
|Awards 4 All England||9,848|
|RankFoundation|10,500|650|
|Embracing<br>Change Project|60,497||
|Good Things Foundation|12,188||
|Other Income|8,320||
|Black Country Future|57,162||
||410,958|333,760|
|Total incoming resources|431,964|338,878|
|EXPENDITURE|||
|Charitable<br>activities|||
|Wages|228,967|243,202|
|Social security|12,043|13,638|
|Pensions|5,371|5,606|
|Subcontractors|5,174|7,187|
|Grants to individuals|80|333|
||251,635|269,966|
|Support costs|||
|Management|||
|Rates and water|(529)|3,385|
|Carried forward|(529)|3,385|





|for the Year E|nded 31|March 2021|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Management|||||
|Brought forward|||(529)|3,385|
|Insurance|||3,435|3,337|
|Light and heat|||5,275|12,212|
|Photocopier &sundry||equipment|914|2,045|
|Telephone &broadband|||777|278|
|Advertising|||6,820|841|
|Sundries|||27|375|
|Entertaining||||158|
|Waste Collection|||1,061|878|
|Travel Expenses|||1,061|4,433|
|Staffwelfare|||6,062|1,693|
|Postage &Stationery|||5,163|6,193|
|ITCosts|||9,389|1,839|
|Accountancy|Fees||1,200|1,200|
|Professional|Fees||1,854||
|Premises Costs|||9,417|17,447|
|Donations||||150|
|Subscriptions|||1,849|1,496|
|Bookkeeping|&Claims||3,004|5,720|
|Fixtures and|fittings||208|277|
|Computer<br>equipment|||2,717|1,140|
||||59,704|65,097|
|Finance|||||
|Bank charges|||182|300|
|Total resources|expended||311,521|335,363|
|Net income|||120,443|3,515|