2023-03-31-accounts

ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers
Trustees’report
Independentexaminer'sreport
Statementoffinancialactivities
Balancesheet
Notestothefinancialstatements	12-28

Trustees	MrC Bagry
	MissJ Campbell,Secretary
	MrsR Mannering
	MrsJ Morgan,ViceChair
	MrsS Shinton
	MrsD Holden,Treasurer
	CllrS Chadwick,Chair
	CllrJ Jones
	MrG Foden(appointed24May2022)
	CllrH Morgan(appointed30May2023)
Charityregistered
number	1162626
Principaloffice	TheAnstice
	{AnsticeSquare
	Madeley
	Telford
	TF75BD
Accountants	CroweU.K.LLP
	CharteredAccountants
	BlackCountryHouse
	RoundsGreenRoad
	Oldbury
	WestMidlands
	B692DG

9 November 2023

16 November 2023

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2023	2023	2023	2022
	Note	£	£	£	£
Incomefrom:
Donationsandlegacies	3	46,033	3,330	49,363	86,247
Charitableactivities	4	-	224,838	224,838	172,775
Othertradingactivities	5	=	7,766	7,766	6,093
Investments	6	“	12,400	12,400	13,500
Totalincome		46,033	248,334	294,367	278,615
Expenditureon:
Raisingfunds	7	35,111	-	35,111	56,311
Charitableactivities		35,995	283,447	319,442	203,323
Totalexpenditure		71,106	283,447	354,553	259,634
Net(expenditure)/income		(25,073)	(35,113)	(60,186)	18,981
Transfersbetweenfunds	16	(13,885)	13,885	-	-
Netmovementinfunds		(38,958)	(21,228)	(60,186)	18,981
Reconciliationoffunds:
Totalfundsbroughtforward		167,879	90,339	258,218	239,237
Netmovementinfunds		(38,958)	(21,228)	(60,186)	18,981
Totalfundscarriedforward		128,921	69,111	198,032	258,218

9 November 2023

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2023	2023	2023	2022
	£	£	£	£
Donations	684	3,330	4,014	2,656
Grants	45,349	-	45,349	75,337
Governmentgrants	-	-	-	8,254
	46,033	3,330	49,363	86,247
Total2022	54,880	31,367	86,247

	Restricted	Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		£	£	£
Incomefromcharitableactivities		224838	224,838	172,775
Total2022		161,525	172,775
Incomefromothertradingactivities
Incomefromfundraisingevents
		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		£	£	£
CommunityFundraising		7,356	7,356	5,709
ACTFundraisingEvents		410	410	384
		7,766	7,766	6,093
Total2022		6,093	6,093
Investmentincome
		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		£	£	£
Rentalincome		12,400	12,400	13,500
Total2022		13,500	13,500

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2023	2023	2023	2022
	£	£	£	£
Costsofraisingvoluntaryincome- wagesand
salaries	35,111	-	35,111	56,317
Total2022	44,709	11,602	56,311

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2023	2023	2023	2022
		£	£	£	£
Costs	ofRunningCentre	167,093	152,349	319,442	203,323
Total	2022	47,435	155,888	203,323

		Total	Total
	Activities	funds	funds
	2023	2023	2022
	£	£	£
Staffcosts	88,556	88,556	-
BarPurchases	28,308	28,308	16,204
CafePurchases	30,930	30,930	20,259
ArtscouncilprojectSpending	-	-	32
Security	1,001	1,001	736
EquipmentHire	4,038	4,038	4,093
Advertising	1,776	1,776	795
Entertainment	12,484	12,484	5,316
	167,093	167,093	47,435
Total2022	47,435	47,435

		Total	Total
	Activities	funds	funds
	2023	2023	2022
	£	£	£
Staffcosts	59,038	59,038	89,384
Depreciation	17,023	17,023	17,469
Consultancy	-	-	989
FundraisingCosts	936	936	(771)
GasandElectric	15,471	15,471	15,335
Training	380	380	2,862
Accounting	3,640	3,640	2,638
Stationery,PrintingandPost	1,348	1,348	2,608
Legalcosts	21	21	280
TelephoneandInternet	861	861	2,767
Sundry	6,863	6,863	3,823
ComputerCosts	5,163	5,163	3,922
Subscriptions	603	603	164
Maintenance	29,428	29,428	6,256
PremisesCosts	8,939	8,939	5,164
HealthandSafety	(70)	(70)	1,206
Insurance	2,142	2,142	1,763
Refreshments	34	34	29
IrrecoverableVAT	339	339	-
Bankcharges	1,727	1,727	-
ProfitonDisposalofFixedAssets	(1,537)	(1,537)	-
	152,349	152,349	155,888
Total2022	155,888	155,888

	2023	2022
	£	£
Wagesandsalaries	172,953	137,761
Socialsecuritycosts	6,660	5,381
Contributiontodefinedcontributionpensionschemes	3,092	2,553
	182,705	145,695

		2023	2022
		No.	No.
Averagenumberof	employees	18	15

			Leasehold
			improve-	Fixturesand	Office
			ments	fittings	|equipment	Total
			£	£	£	£
	Costorvaluation
	At	1April2022	114,933	62,601	1,230	178,764
	Additions		-	2,180	708	2,888
	Disposals		(188)	(8,770)	(71)	(9,029)
	At	31March2023	114,745	56,011	1,867	172,623
	Depreciation
	At	1April2022	24,902	10,828	1,047	36,777
	Chargefortheyear		11,474	5,444	105	17,023
	On	disposals	(41)	(1,425)	(71)	(1,537)
	At	31March2023	36,335	14,847	1,081	§2,263
	Net	bookvalue
	At	31March2023	78,410	41,164	786	120,360
	At	31March2022	90,031	51,773	183	141,987
13.	Stocks
					2023	2022
					£	£
	Bar	stock			4,252	4,098

	2023	2022
Duewithinoneyear
Tradedebtors	13,204	11,214
Other debtors	1,675
Prepaymentsandaccruedincome	3,083	5,350
	17,962	16,564
Creditors:Amountsfallingduewithinoneyear
	2023	2022
	£	£
Tradecreditors	7,097	8,800
Othertaxationandsocialsecurity	4,288	2,526
Pensionfundloanpayable	571	701
Othercreditors	725
Accruals	6,962	4,292
Deferredincome	14,665	12,213
	34,308	28,532
	2023	2022
	£	£
Deferredincomeat1 April2022	12,213	12213
Deferredintheyear	14,665
Incomereleasedintheyear	(12,213)
Deferredincomeat31March2023	14,665	12,213
	14,665	12,213

					Balanceat
	Balanceat1			Transfers	31March
	April2022	Income	Expenditure	in/out	2023
	£	£	£	£	£
Unrestrictedfunds
GeneralFunds- allfunds	90,339	248334	(283,447)	13,885	69,111
Restrictedfunds
PowertoChange- leasehold
improvements	84,012	-	(10,706)	(146)	73,160
PowertoChange	3,608	-	-	(3,608)	-
PowertoChange- furniture	-	10,000	-	-	10,000
ReachingCommunities	52,171	23,903	(35,634)	(13,430)	27,010
KitchenRenovation	12,533	-	(2,022)	4,559	15,070
YouthClub	4,360	-	(4,360)	-	-
Men'sMentalHealth	5,850	-	(5,500)	(350)	-
BigCoat	542	-	-	(542)	-
IdverdeGardenRefurbishment	200	-	-	(200)	-
MadeleyTownCouncil	200	1,184	(1,934)	550	-
ArtsCouncil	4,403	-	(3,685)	(718)	-
TelfordandWrekinEcoGrant	-	8,212	(7,000)	-	1,212
T&WCouncillorsPrideFund	-	1,234	(265)	-	969
WHTCaféFurniture	-	1,500	-	-	1,500
	167,879	46,033	(71,106)	(13,885)	128,921
Totaloffunds	258,218	294,367	(354,553)	-	198,032

				Balanceat
	Balanceat			31March
	1April2021	Income	Expenditure	2022
	£	£	£	£
Unrestrictedfunds
GeneralFunds -allfunds	66,014	212,485	(188,160)	90,339
Restrictedfunds
PowertoChange- leaseholdimprovements	94,737	-	(10,725)	84,012
PowertoChange	14,427	11,250	(22,069)	3,608
PowertoChange- furniture	30,489	42,517	(20,835)	52,171
KitchenRenovation	14,532	-	(1,999)	12,533
YouthClub	4,980	4,360	(4,980)	4,360
Other	285	-	(285)	-
Recovery	3,592	-	(3,592)	-
Men'sMentalHealth	-	5,850	-	5,850
BigCoat	542	-	-	542
Rotaryclub	-	983	(983)	-
IdverdeGardenRefurbishment	-	970	(770)	200
MadeleyTownCouncil	-	200	-	200
ArtsCouncil	9,639	-	(5,236)	4,403
	173,223	66,130	(71,474)	167,879
Totaloffunds	239,237	278,615	(259,634)	258,218

						Balanceat
	Balanceat	1			Transfers	31March
	April2022		Income	Expenditure	in/out	2023
		£	£	£	£	£
Generalfunds	90,339		248,334	(283,447)	13,885	69,111
Restrictedfunds	167,879		46,033	(71,106)	(13,885)	128,921
	258,218		294,367	(354,553)	-	198,032
Summaryoffunds- prioryear
						Balanceat
			Balanceat			31March
			1April2021	Income	Expenditure	2022
			£	£	£	£
Generalfunds			66,014	212,485	(188,160)	90,339
Restrictedfunds			173,223	66,130	(71,474)	167,879
			239,237	278,615	(259,634)	258,218

				Restricted	Unrestricted	Total
				funds	funds	funds
				2023	2023	2023
				£	£	£
Tangible	fixed	assets		88,229	32,131	120,360
Current	assets			40,692	71,288	111,980
Creditors	due	within	oneyear	-	(34,308)	(34,308)
Total				128,921	69,111	198,032

				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
				£	£	£
Tangible	fixed	assets		105,034	36,953	141,987
Current	assets			71,334	73,429	144,763
Creditors	due	within	oneyear	(8,489)	(20,043)	(28,532)
Total				167,879	90,339	258,218