OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

2022 2021
Unrestricted Restricted Total Total
Notes fund fundsf funds funds
INCOME AND ENDOWMENTS FROM
Donations and legacies 459,903 31,145 491,048 435,572
Other trading activities 2,532
Investment income 222t43 22/43 ~2551
Total ~48
246		 ~31145 ~513 91 440,655
EXPENDITURE ON
Charitable activities
Charitable activities 300&460 7,978 308,438 257,398
Management 1&2,665 IS2,665 l26,532
Governance ~12950 ~12950 13,041
Total ~496075 ~7978 504053 ~39697l
NET INCOME/(EXPENDITURE) (13,829) 23,167 9/38 43,684
RECONCILIATION OF FUNDS
Total funds brought
forward		 549,465 340,963 890,42& 846,744
TOTAL FUNDS CARRIED FORWARD 535,636 ~364 130 899,766 890428

2022 2021
Unrestricted Restricted Total Total
Notes fundf funds
f.		 funds fundsf
FIXEDASSETS
Tangible assets 12 102,037 102,037 104,539
CURRENT ASSETS
Debtors 13 58,598 58,598 31/84
Cash at bank 395,247 364,130 759377 769703
453,845 364,130 817,975 800,987
CREDITORS
Amounts
falling due within one year		 14 (20,246) (20,246) (15,098)
NET CURRENT ASSETS 433 599 364 130 797729 785 889
TOTAL ASSETSLESSCURRENT LIABILITIES 535,636 364,130 899,766 890,428
NET ASSETS 535636 364,130 099,766 890428
FUNDS l5
Unrestricted
funds		 535,636 549,465
Restricted
funds		 364 130 340 963
TOTAL FUNDS 899766 890428

Notes 2022 2021f
Cash flows from operating activities
Cash generated
flem operations		 ~7208) 84,982
Net cash (used in)/provided by operating
activities		 ~7208) 84,982
Cash flows from investing activities
Purchase oftangible
fixed		 assets (6,713) (1,800)
Interest received 3,595 46
Net cash used in investing activities ~I754)
Change
ln cash and cash		 equivalents ln the
reporting
period		 (10826) 83,228
Cash and cash equivalents at the beginning of
the reporting
period		 ~769 703 686,475
Cash and cash equivalents at the end ofthe
reporting
period		 759377 769 793

2022 2021
Net income for the reporting period (as pcr the Statement ofFinancial
Activities) 9338 43,684
Adjustments
for:
Depreciation
charges		 9,215 &,139
Interest received (3,595) (46)
(Increase)/decrease in debtors (27/14) 39/33
Increase/(decrease) in creditors 5,148 ~6028
Net cash (used in)/provided by operations ~7208) 84982
ANALYSIS OF CHANGES IN NET FU NDS
At 1.1.22 Cash flow At31.12.22
f.
Net cash
Cash at bank 769,703 ~1+026) ~759 77
~769 703 ~10326) ~759 77
Total ~769 703 ~103~26 ~759 77

Freehold property 2% on cost
Improvements
to property		 10%on cost
Plant and machinery 20%on cost
Fixtures and fittings 20%on cost

2. DONATIONS
AND		 LEGACI ES
2022f 2021
Tithes and other donations 308,933 303,589
Gifi aid 182,115 (40,517)
Donation
from WHC Charitable		 Trust 172,500
~491048 ~435 572
3. OTHER TRADING ACTIVITIES
2022f 202lf
Fundraising
events		 2,532
4. INVESTMENT INCOME
2022 2021
Rents received 18,748 2,505
Bank interest received ~3595 46
22
43		 2,551
5. CHARITABLE ACTIVITIES COSTS
Direct Support
Governance Costs (see costs (see
note 6) note 7)
f		 Totals
Charitable
activities		 308,412 26 308,438
Management 182,665 182,665
~12 50 ~12950
30 412 195,641 504,053
6. DIRECT COSTS OFCHARITABLE ACTIVITIES
2022f 2021f
Trustees'
remuneration		 etc 95&105 69,109
Staffcosts 129&630 146,824
Trustees' expenses 11,827 1,911
Venue, travel and meetings 16,688 2,876
Donations 19,140 4,724
Hospitality 16/22 7,626
StafI'expenses
Ministry
expenses		 1,837
17~		 4,223
~20 105
308,412 257,398

SUPPORT CO STS
Governance
Management
f		 costsf Totals
Charitable
activities		 26 26
Management 182,665 182,665
Governance ~12950 12,950
~182691 ~22 959 ~195 641
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated aAer charging/(crediting):
2022f 2021
Depreciation
-owned assets		 9,215 8,139
Other operating leases ~10 796 13,136
TRUSTEES' REMUNERATION AND BENEFITS
2022 2021f
Trustees' salaries 93,929 67,979
Trustees' pension contributions to money purchase schemes 1,176 ~ll30
~95 105 69,109

Six trustees received remuneration for their duties other than acting as a trustee. Remuneration is paid in accordance with the
governing
document
Trustees'
expenses
2022 2021f
Trustees' expenses ~ll 827 I 91I
10. STAFFCOSTS
2022f 202I
Wages and salaries 216,118 205,353
Social security costs
Other pension costs		 6,704
~1913		 6,351
4229
~224 735 215,933
The average monthly number ofemployees during the year was as follows:
2022 2021
Management
and administration		 staff 16 l7

COMPARATIVES F OR THE ST ATEMENT O F FINANCIAL AC TIVITIES
Unrestricted Restricted Total
fund
f.		 fundsf funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 430,235 5,337 435,572
Other trading activities 510 2,022 2,532
Investment
income		 2,551 2,551
Total 433,296 7,359 440,655
EXPENDITURE ON
Charitable
activities
Charitable
activities		 256,012 1,386 257,398
Management I26,532 126,532
Governance l3,041 13,041
Total ~395585 I 306 39697I
NET INCOME 37,711 5,973 43,684
RECONCILIATION OF FUNDS
Total funds brought
forward		 5II,754 334,990 846,744
TOTAL FUNDS CARRIED FORWARD 549,465 340 963 090,420
TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to Plant and and
property
f		 property
f,		 machinery fittings
f.		 Totals
f
COST
At I January 2022 105,095 2],105 16,646 20+34 163380
Additions ~6713 6,713
At 31 December 2022 ~105095 21,105 23359 20,534 ~170093
DEPRECIATION
At I January 2022
Charge for year		 13,661
~2102		 14/71
~2730		 14,616
~2457		 16,193
~246		 58,841
~9215
At 3I December 2022 ~15763 ~16481 ~17073 I0739 68,056
NET BOOK VALUE
At 31 December 2022 ~89 32 ~4624 ~6286 1,795 102,037
At 3I December 2021 ~9I 434 ~6734 2,030 4/41 ~104539

13. DEBTORS:AMOUNTS FALL ING DUE WITHIN ONE YEAR
2022 2021
Other debtors 58,598 31,284
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f
Other creditors 20446 15,098
15. MOVEMENT IN FUNDS
Net
movement At
At l.l.22 in funds 31.12.22
Unrestricted
funds
General
fund		 549,465 (13,829) 535,636
Restricted
funds
Building Fund 334,700 334,700
Special Appeals
Foodbank
Hands worth		 6,263 (55)
5,243		 6,208
5~3
Youth Club Project Handsworth 17,878 17,878
Foodshare Project Moseley 101 101
340,963 ~23 167 ~364 130
TOTALFUNDS ~890428 ~9338 ~899766
Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General
fund		 482,246 (496,075) (13429)
Restricted
funds
Special Appeals 260 (315) (55)
Foodbank
Handsworth		 11,781 (6,538) 5,243
Youth Club Project Handsworth
Foodshare Project Moseley		 17,878
1,226		 ~I,I25) 17,878
101
31,145 ~7,978 23,167
TOTAL FUNDS 513 91 ~504,053 ~938

Net
movement At
At 1.1.21
f		 in funds
f		 31.12.21
Unrestricted
funds
General
fund		 511,754 37,711 549,465
Restricted
funds
Building
Fund		 332,678 2,022 334,700
Special Appeals 2312 3 951 6263
~334990 5 973 340963
TOTAL FUNDS 846,744 43,684 890,428
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
General fund 433,296 (395,585) 37,711
Restricted funds
Building Fund 2,022 2,022
Special Appeals 5,337 ~1386) ~3951
7,359 1,386 5,973
TOTAL FUNDS 440,655 (396,971) 43,684
Restricted Funds