| Pages | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' | annual report (incorporating the |
director's | report) | 1 to 3 | |||
| independent examiner's report |
to the trustees | ||||||
| Statement | of financial | activities | (including | income and | |||
| expenditure account) |
|||||||
| Statement | of financial | position | |||||
| Notes to | the financial | statements | 7to 14 | ||||
| The following pages |
do not form part ofthe financial | statements | |||||
| Detailed | statement of |
financial | activities | 16to 17 | |||
| Notes to | the detailed | statement | offinancial | activities | 18 |
| Registered | charity | name | name | LION FARM ACTION CENTRE (SANDWELL) LIMITED | LION FARM ACTION CENTRE (SANDWELL) LIMITED | |
|---|---|---|---|---|---|---|
| Charity registration | number | 1161104 | ||||
| Company | registration | number | 03026631 | |||
| Principal office and | registered | The Vicarage | ||||
| office | Shelsley Avenue | |||||
| Oldbury | ||||||
| West Midlands | ||||||
| B691BG | ||||||
| The trustees | ||||||
| Mr CJ Sale | ||||||
| Cllr J R Chidley | ||||||
| Mr BS Underhill | ||||||
| Miss C E Johnson | ||||||
| Company | secretary | Miss C EJohnston | ||||
| Independent | examiner | Mr A A BGrainger BSc(Hons), A.R.C.S., F.C.A. | ||||
| Griffiths &Pegg Limited Chartered |
Accountants | |||||
| 3 Hagley Court South | ||||||
| Waterfront East |
||||||
| Level Street | ||||||
| Brierley Hill |
||||||
| West Midlands | ||||||
| DY5 1XE |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 6 | 6 | 6 | E | |||
| Income and endowments | |||||||
| Donations and legacies |
4 | 76,115 | 59,537 | 135,652 | 153,568 | ||
| Other trading activities |
5 | 386 | 875 | 1,261 | 777 | ||
| Investment income |
6 | 15 | 16 | 24 | |||
| Other income | 7 | 39,000 | 39,000 | 34,984 | |||
| Total income | 76,516 | 99,412 | 175,928 | 189,353 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs of raising donations | and | ||||||
| legacies | 8 | 4,368 | 18,006 | 22,374 | 16,218 | ||
| Expenditure on charitable |
activities | 9,10 | 70,465 | 83,038 | 153,503 | 151,202 | |
| Total expenditure | 74,833 | 101,044 | 175,877 | 167,420 | |||
| Net income and net movement | in | funds | 1,683 | (1,632) | 51 | 21,933 | |
| Reconciliation offunds |
|||||||
| Total funds brought forward |
25,450 | 28,134 | 53,584 | 31,651 | |||
| 'Total funds carried forward | 27,133 | 26,502 | 53,635 | 53,584 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 8 | ||||||
| Fixed assets | |||||||
| Tangible fixed assets | 16 | 2,806 | 3,508 | ||||
| Current assets | |||||||
| Debtors | 17 | 1,600 | 957 | ||||
| Cash at bank and | in | hand | 54,984 | 59,632 | |||
| 56,584 | 60,589 | ||||||
| Creditors: amounts | falling | due within one year | 18 | (5,755) | (10,513) | ||
| Net current assets | 50,829 | 50,076 | |||||
| Total assets less | current | liabilities | 53,635 | 53,584 | |||
| Net assets | 53,635 | 53,584 | |||||
| Funds ofthe charity | |||||||
| Restricted funds | 26,502 | 28,134 | |||||
| Unrestricted funds |
27,133 | 25,450 | |||||
| Total charity funds | 20 | 53,635 | 53,584 |
| value, over the useful | economic | life of that asset as | follows: |
|---|---|---|---|
| Fixtures and fittings | 20'/0 reducing | balance | |
| Equipment | 20'/o reducing | balance | |
| Defined contribution | plans |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| 8 | 8 | 5 | |||
| Grants | |||||
| Sandwell | MBC | 75,800 | 75,800 | ||
| BBCChildren | in Need | 40,492 | 40,492 | ||
| Big Local | |||||
| Playscheme | 14,085 | 14,085 | |||
| Other | 315 | 4,960 | 5,275 | ||
| 76,115 | 59,537 | 135,652 |
| Donations | an | d legacies (conrruuur0 |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| 6 | F | 5 | |||
| Grants | |||||
| Sandwell | MBC | 81,401 | 81,401 | ||
| BBCChildren | In Need | 45,466 | 45,466 | ||
| Big Local | 7,624 | 7,624 | |||
| Playscheme | 5,758 | 5,758 | |||
| Other | 3,083 | 10,236 | 13,319 | ||
| 84,484 | 69,084 | 153,568 |
| Unrestricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||||
| 8 | 6 | f. | ||||||
| Fundraising | events | 386 | 875 | 1,261 | ||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| r | F | 6 | ||||||
| Fundraising | events | 777 | 777 | |||||
| 6. | Investment | Income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| 8 | 6 | 6 | ||||||
| Bank interest receivable | 15 | 15 | 24 | 24 | ||||
| 7. | Other income | |||||||
| Restricted | Total Funds | Restricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| F | 5 | |||||||
| Big Local Development | Coordinator | |||||||
| costs | 39,000 | 39,000 | 34,984 | 34,984 | ||||
| 8. | Costs of raising donations | and legacies | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| 5 | 6 | |||||||
| Costs of raising donations | and legacies | - Fundraising | 4,368 | 18,006 | 22,374 |
| 8. | Costs of ra | ising donations | and lega | c | ies /continued) |
||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2021 | |||||||
| 8 | F | ||||||||
| Costs of raising donations | and legacies | - Fundraising | 204 | 16,014 | 16,218 | ||||
| 9. | Expenditure | on charitable | activities | by fund type | |||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2022 | |||||||
| f | E | ||||||||
| Community | Activities | 69,763 | 83,038 | 152,801 | |||||
| Support costs | 702 | 702 | |||||||
| 70,465 | 83,038 | 153,503 | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2021 | |||||||
| E | 6 | ||||||||
| Community | Activities | 73,136 | 77,128 | 150,264 | |||||
| Support costs | 938 | 938 | |||||||
| 74,074 | 77,128 | 151,202 | |||||||
| 10. | Expenditure | on charitable | activities | by activity type |
| 10. | Expenditure | on charitable activities |
by activity type | |||
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Support | Total funds | Total fund | |||
| directly | costs | 2022 | 2021 | |||
| E | 8 | E | ||||
| Community | Activities | 152,801 | 702 | 153,503 | 151,202 | |
| 11. | Analysis ofsupport costs | |||||
| Community | ||||||
| activities | Total 2022 | Total 2021 | ||||
| E | ||||||
| Support costs | 702 | 702 | 938 | |||
| 12. | Net income | |||||
| Net income | is stated after charging/(crediting): | |||||
| 2022 | 2021 | |||||
| E | E | |||||
| Depreciation | of tangible fixed assets | 702 | 878 |
| Staff cos | ts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as |
follows: |
| 2022 | 2021 | ||||
| 8 | 6 | ||||
| Wages and salaries | 118,408 | 111,820 | |||
| Social security costs | 3,304 | 3,981 | |||
| Employer | contributions | to pension | plans | 6,261 | 6,113 |
| 127,973 | 121,914 |
| full-time | equivalent empl |
oyees during the year is ana |
lysed as follows; |
|||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| No. | No. | |||||
| Number | ofadministrative | staff | 4 | 4 |
| Fixtures and | ||||
|---|---|---|---|---|
| fittings f |
Equipment E |
Total 6 |
||
| Cost | ||||
| At 1st April 2021 and 31st March 2022 | 4,874 | 15,907 | 20,781 | |
| Depreciation | ||||
| At 1st April 2021 | 4,640 | 12,633 | 17273 | |
| Charge | for the year | 47 | 655 | 702 |
| At 31st | March 2022 | 4,687 | 13,288 | 17,975 |
| Carrying | amount | |||
| At 31st | March 2022 | 187 | 2,619 | 2,806 |
| At 31st March 2021 | 234 | 3,274 | 3,508 |
| 17. | Debtors | Year ended 31stMarch 202 | 2 | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f. | 6 | ||||
| Prepayments | and accrued income | 1,600 | 957 | ||
| 18. | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| 6 | |||||
| Accruals and deferred | income | 2,600 | 7,678 | ||
| Social security | and other taxes | 2,299 | 1,986 | ||
| Other creditors | 856 | 849 | |||
| 5,755 | 10,513 |
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1st April 2021 f |
Income | Expenditure | 31st March 6 |
2022 | |||
| General funds | 25,450 | 76,516 | (74,833) | 27,133 | |||
| At | |||||||
| 1st April 2020 | Income | Expenditure | At 31st March | 2021 | |||
| E | E | E | 6 | ||||
| General funds | 14,443 | 85,285 | (74,278) | 25,450 | |||
| Restricted | funds | ||||||
| At | At | ||||||
| 1st April 2021 9 |
Income f |
Expenditure 6 |
31st March 6 |
2022 | |||
| Restricted | funds | 28,134 | 99,412 | (101,044) | 26,502 | ||
| At | |||||||
| 1st April 2020 | Income | Expenditure | At 31st March | 2021 | |||
| E | |||||||
| Restricted | funds | 17,208 | 104,068 | (93,142) | 28,134 |
| Analysis of net as |
sets between funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| f | 8 | |||
| Tangible fixed assets | 1,569 | 1,237 | 2,806 | |
| Current assets | 31,319 | 25,265 | 56,584 | |
| Creditors less than | 1 year | (5,755) | (5,755) | |
| Net assets | 27,133 | 26,502 | 53,635 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| 6 | F | F | ||
| Tangible fixed assets | 1,962 | 1,546 | 3,508 | |
| Current assets | 34,001 | 26,588 | 60,589 | |
| Creditors less than | 1 year | (10,513) | (10,513) | |
| Net assets | 25,450 | 28,134 | 53,584 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 5 | F | ||||
| Income and endowments | |||||
| Donations and legacies |
|||||
| Sandwell MBC |
75,800 | 81,401 | |||
| BBCChildren | in Need | 40,492 | 45,466 | ||
| Big Local | 7,624 | ||||
| Playscheme | 14,085 | 5,758 | |||
| Other | 5,275 | 13,319 | |||
| 135,652 | 153,568 | ||||
| Other trading | activities | ||||
| Fundraising events |
1,261 | 777 | |||
| Investment income |
|||||
| Bank interest | receivable | 15 | 24 | ||
| Other Income | |||||
| Big Local Development | Coordinator | costs | 39,000 | 34,964 | |
| Total Income | 175,928 | 189,353 |
| 2022 8 |
2021f | |||||
|---|---|---|---|---|---|---|
| Expenditure | ||||||
| Costs of raising donations | and | legacies | ||||
| Rent | 6,123 | 2,562 | ||||
| Fundraising | -other establishment | expenses | 16,251 | 13,656 | ||
| 22,374 | 16,218 | |||||
| Expenditure | on charitable | activities | ||||
| Wages and | salaries | 118,408 | 111,820 | |||
| Employer's | NIC | 3,304 | 3,981 | |||
| Pension costs | 6,261 | 6,113 | ||||
| Rent | 8,387 | 8,590 | ||||
| Rates and water | 416 | 432 | ||||
| Light and heat | 2,507 | 1,140 | ||||
| Repairs and | maintenance | 1,866 | 1,146 | |||
| Insurance | 2,571 | 1,533 | ||||
| Other establishment | 2,701 | 2,201 | ||||
| Legal and professional | fees | 3,251 | 5,874 | |||
| Telephone | 1,550 | 1,117 | ||||
| Other office | costs | 1,579 | 3,294 | |||
| Depreciation | 702 | 878 | ||||
| Management | fees | 3,083 | ||||
| 153,503 | 151,202 | |||||
| Total expenditure | 175,877 | 167,420 | ||||
| Net income | 51 | 21,933 |
| Year ended 31st March 202 | 2 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 8 | E | |||||
| Costs ofraising donations | and | legacies | ||||
| Costs of raising donations | and | legacies - Fundralslng | ||||
| Fundralsing | - hall hire | 6,123 | 2,562 | |||
| Fundraising | -other establishment | expenses | 16,251 | 13,656 | ||
| 22,374 | 16,218 | |||||
| Costs of raising donations | and | legacies | 22,374 | 16,218 | ||
| Expenditure | on charitable | activities | ||||
| Community | Activities | |||||
| Acti vities undertaken | directiy | |||||
| Wages and | salaries | 118,408 | 111,820 | |||
| Employer's | NIC | 3,304 | 3,981 | |||
| Pension costs | 6,261 | 6,113 | ||||
| Rent | 8,387 | 8,590 | ||||
| Rates &water | 416 | 432 | ||||
| Light &heat | 2,507 | 1,140 | ||||
| Repairs & maintenance |
1,866 | 1,146 | ||||
| Insurance | 2,571 | 1,533 | ||||
| Other establishment | 2,701 | 2,201 | ||||
| Legal and professional | fees | 3,251 | 5,814 | |||
| Telephone | 1,550 | 1,117 | ||||
| Other office | costs | 1,579 | 3,294 | |||
| Management | fees | 3,083 | ||||
| 152,801 | 150,264 | |||||
| Support costs | ||||||
| Accountancy | fees | 60 | ||||
| Depreciation | 702 | 878 | ||||
| 702 | 938 | |||||
| Expenditure | on charitable | activities | 153,503 | 151,202 |