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|Trustees' Report|||I to 4|
|---|---|---|---|
|Reference and Administrative
Details||||
|Statement ofTrustees'||Responsibilities||
|Independent
Examiner's||Report||
|Statement ofFinancial||Activities||
|Balance Sheet||||
|Notes to the Financial|Statements||10to 19|
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|The trustees|present|the annual|report|together
with the financial|together
with the financial|statements|of the charity for the year ended 30 April|
|---|---|---|---|---|---|---|---|
|2023.||||||||
|Trustees||||R Mason (Chair)||||
|||||RLudlsm (Treasurer)||||
|||||CBridges (Secretary)||||
|||||JCairns||||
|||||D Pears||||
|||||RWalton||||
|||||KWard||||
|Senior Management||/ Leadership||Julie Rennison,
Managing|Director|||
|Team||||N Furlong,
Venue Manager||||
|Charity Registration||Number||1165712||||
|Principal Office||||Royal Sutton Coldfield Town Hall||||
|||||Upper Cliiion Rd||||
|||||Sutton Coldfield||||
|||||B736DA||||
|Independent|Examiner|||Bissell dt Brown Midlands||Ltd||
|||||Chartered
Certified Accountants||||
|||||Charter House||||
|||||56High Street||||
|||||Sutton Coldfield||||
|||||West Midlands||||
|||||B72 1UJ||||
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||Statem|ent ofFinancial|Activities for th|e Year Ended 3|0April 2023||
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Restricted|2023|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||2,495|1,930|4,425|
|Charitable
activities||||808,480|625|809,105|
|Investment
income||||668||668|
|Total income||||811,643|2,555|814,198|
|Expenditure
on:|||||||
|Charitable
activities||||(856,180)|(24,821)|(881,001)|
|Total expenditure||||(856,180)|(24,821)|(881,001)|
|Net expenditure||||(44,537)|(22,266)|(66,803)|
|Net movement
in funds||||(44,537)|(22,266)|(66,803)|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||(6,395)|310,083|303,688|
|Total funds carried|forward||16|(50,932)|287,817|236,885|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2022|
||||Note|8|||
|Income and Endowments||from:|||||
|Donations
and legacies||||101,118|31,276|132,394|
|Charitable
activities||||578,879|534|579,413|
|Investment
income||||20||20|
|Total income||||680,017|31,810|711,827|
|Expenditure
on:|||||||
|Charitable
activities||||(704,492)|(57,081)|(761,573)|
|Total expenditure||||(704,492)|(57,081)|(761,573)|
|Net expenditure||||(24,475)|(25,271)|(49,746)|
|Net movement
in funds||||(24,475)|(25,271)|(49,746)|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||18,080|335,354|353,434|
|Total funds carried forward|||16|(6,395)|310,083|303,688|
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|||(Registration
number:
Balance Sheet as at30|1165712)
April 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Fixed assets||||||
|Tangible assets||||266,326|269,354|
|Current
assets||||||
|Stocks|||10|6,506|5,920|
|Debtors|||11|42,016|50,180|
|Cash at bank|and in hand||12|208,968|237,108|
|||||257,490|293,208|
|Creditors: Amounts||falling due within one year|13|(246,931)|(203,874)|
|Net current|assets|||10,559|89,334|
|Total assets|less current liabilities|||276,885|358,688|
|Creditors: Amounts||falling due after more than one year|14|(40,000)|(55,000)|
|Net assets||||236,885|303,688|
|Funds ofthe|charity:|||||
|Restricted
income funds||||||
|Restricted funds||||287,817|310,083|
|Unrestricted|income|funds||||
|Unrestricted|funds|||(50,932)|(6,395)|
|Total funds|||16|236,885|303,688|
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|Unrestricted|||
|---|---|---|
|funds|Restricted|Total|
|General|funds|funds|
|8||8|
|2,495|1,930|4,425|
|2,495|1,930|4,425|
|101,118|31,276|132,394|
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|Room Hire Income|Room Hire Income|
|---|---|
|In house shows|/ concerts|
|Sate offood and|drinks|
|Other income||
|Total for 2023||
|Total for 2022||
|Unrestricted|||
|---|---|---|
|funds|Restricted|Total|
|General|funds|funds|
|266,597||266,597|
|338,457||338,457|
|195,625||195,625|
|7,801|625|8,426|
|808,480|625|809,105|
|578,879|534|579,413|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total||
||||General|funds||
|||||8||
|Interest receivable|and similar income;|||||
|Interest receivable||on bank deposits|668||668|
|Total for2023|||668||668|
|Total for 2022|||20||20|
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||||Unrestricted|funds|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||Designated|General|funds|2023|2022|
||||||g|||
|Event fees||||297,831||297,831|226,935|
|Alcohol &|food|||73,194||73,194|51,139|
|Equipment|hire|||17,739||17,739|12,835|
|Wages||||235,989||235,989|205,751|
|Independent|examiner|fee||1,500||1,500|1,500|
|Staff training||||754||754|550|
|Rates||||(3,791)||(3,791)|11,914|
|Heat & light||||44,430||44,430|18,877|
|Insurance||||16,720||16,720|12,450|
|Repairs &,renewals|||6,603|26,095|16,681|49,379|89,208|
|Telephone||||4,749||4,749|4,156|
|Computer||||3,035||3,035|2,061|
|Bad debt||||764||764|193|
|OKice costs||||1,934||1,934|1,193|
|Advertising||||17,010||17,010|20,190|
|Fixtures depreciation||||3,293||3,293|2,311|
|Legal &professional|||16,855|26,120|5,069|48,044|40,885|
|Employers|NIC|||10,973||10,973|6,121|
|Accountancy||||4,000||4,000|5,965|
|Employers|pension|||3,867||3,867|2,791|
|Cleaning||||4,889||4,889|6,089|
|Subscriptions||||3,932||3,932|4,942|
|Plant Depreciation||||1,806|3,071|4,877|4,157|
|Bank fees||||27,115||27,115|20,112|
|Donations||||125||125||
|Sundry||||8,649||8,649|9,188|
|Travel|||||||60|
||||23,458|832,722|24,821|881,001|761,573|
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|9
Tangible fixed assets||||
|---|---|---|---|
||Land and|Furniture
and||
||buildings|equipment|Total|
|||8||
|Cost||||
|At 1 May 2022|250,000|37,443|287,443|
|Additions||5,142|5,142|
|At 30April 2023|250,000|42,585|292,585|
|Depreciation||||
|At 1 May 2022||18,089|18,089|
|Charge for the year||8,170|8,170|
|At 30April 2023||26,259|26,259|
|Net book value||||
|At 30April 2023|250,000|26,326|266,326|
|At 30April 2022|250,000|19,354|269,354|
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||Notes to|the|Financial|Statements
for th|e Year Ended|30April 2023||
|---|---|---|---|---|---|---|---|
|||||Balance at I|Incoming|Resources|Balance at 30|
|||||May 2022|resources|expended|April 2023|
|||||8||8||
|General||||||||
|General
fund||||(129,674)|811,643|(832,722)|(150,753)|
|Designated||||||||
|Sir Doug Ellis|- Town Hall|Support||||||
|(RF-002)||||123,279||(23,458)|99,821|
|Total unrestricted
funds||||(6,395)|811,643|(856,180)|(50,932)|
|Restricted
funds||||||||
|Public Donations - Renovation|||Project|||||
|(RF-001)||||9,409|2,555|(5,069)|6,895|
|Brimingham
City Counci R&M|||Grant|||||
|(RF-003)||||25,148||(16,681)|8,467|
|RSCTC - Tech|Grant (RF-004)|||10,526||(3,071)|7,455|
|Birmingham
City Council - Freehold Asset||||||||
|Transfer (RF-005)||||250,000|||250,000|
|Town Hall Users Company||Ltd|(RF-009)|9,000|||9,000|
|Operational
Reserve (RF020)||||6,000|||6,000|
|Total restricted|funds|||310,083|2,555|(24,821)|287,817|
|Total funds||||303,688|814,198|(881,001)|236,885|
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||||||Balance at I|Incoming|Resources|Balance at30|
|---|---|---|---|---|---|---|---|---|
||||||May 2021|resources|expended|April 2022|
|||||||8|8||
|Unrestricted|funds||||||||
|General|||||||||
|General fund|||||(131,307)|680,017|(678,384)|(129,674)|
|Designated|||||||||
|Sir Doug Ellis - Town Hall|||Support||||||
|(RF-002)|||||149,387||(26,108)|123,279|
|Total unrestricted||funds|||18,080|680,017|(704,492)|(6,395)|
|Restricted|||||||||
|Public Donations||- Renovation||Project|||||
|(RF-001)|||||9,081|2,810|(2,482)|9,409|
|Brimingham|City|Counci RstM||Grant|||||
|(RF-003)|||||53,157||(28,009)|25,148|
|RSCTC - Tech Grant (RF-004)|||||14,116||(3,590)|10,526|
|Birmingham|City|Council - Freehold Asset|||||||
|Transfer (RF-005)|||||250,000|||250,000|
|Town Hall|Users|Company|Ltd|(RF-009)|9,000|||9,000|
|BccBusiness Restart Grant|||(RF013)|||18,000|(18,000)||
|Fete Grant|(RF014)|||||5,000|(5,000)||
|Operational|Reserve (RF020)|||||6,000||6,000|
|Total restricted
funds|||||335,354|31,810|(57,081)|310,083|
|Total funds|||||353,434|711,827|(761,573)|303,688|
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||Notes to the Financial Statements
f|or the Year Ended 30April 2023||
|---|---|---|---|
|||2023|2022|
|Staffcosts during|the year were:|||
|Wages and salaries||235,989|202,486|
|Social security costs||10,973|6,121|
|Pension costs||3,867|2,791|
|||250,829|211,398|
|as follo|ws:|||||
|---|---|---|---|---|---|
|||2023||2022||
|||No||No||
|Charity|staff||23||26|
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||||Total||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
|Income and Endowmeats||from:|||
|Donations
and legacies|||2,495|101,118|
|Charitable
activities|||808,480|578,879|
|Investment
income|||668|20|
|Total income|||811,643|680,017|
|Expenditure
on:|||||
|Charitable
activities|||(856,180)|(704,492)|
|Total expenditure|||(856,180)|(704,492)|
|Net expenditure|||(44,537)|(24,475)|
|Net movement
in funds|||(44,537)|(24,475)|
|Reconciliation
offunds|||||
|Total funds brought|forward||(6,395)|18,080|
|Total funds carried|forward||(50,932)|(6,395)|
##
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|||Total||
|---|---|---|---|
|||Restricted|Restricted|
|||funds|funds|
|||2023|2022|
|Income and Endowments|from:|||
|Donations
and legacies||1,930|31,276|
|Charitable
activities||625|534|
|Total income||2,555|31,810|
|Expenditure
on:||||
|Charitable
activities||(24,821)|(57,081)|
|Total expenditure
Net expenditure||(24,821)
(22,266)|(57,081)
~25,271)|
|Net movement
in funds||(22,266)|(25,271)|
|Reconciliation offunds||||
|Total funds brought forward||310,083|335,354|
|Total funds carried forward||287,817|310,083|
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|Detai|led St|at|ement ofFinancial Activities|for the Year Ended 30April 2|023|
|---|---|---|---|---|---|
|||||Total|Total|
|||||2023|2022|
|Income and Endowments||from:||||
|Donations
and legacies (anaiysed below)||||4,425|132,394|
|Charitable
activities|(analysed||below)|809,105|579,413|
|Investment
income|(analysed||below)|668|20|
|Total income||||814,198|711,827|
|Expenditure
on:||||||
|Charitable
activities|(analysed||below)|(881,001)|(761,573)|
|Total expenditure||||(881,001)|(761,573)|
|Net expenditure||||(66.003)|~(49.746|
|Net movement
in funds||||(66,803)|(49,746)|
|Reconciliation
offunds||||||
|Total funds brought|forward|||303,688|353,434|
|Total funds carried|forward|||236,885|303,688|
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|Detaile|d State|ment|ofFinancial Activities|for the Year Ended 30April 20|23|
|---|---|---|---|---|---|
|||||Total|Total|
|||||2023|2022|
|||||8||
|Donations and legacies||||||
|Appeals
and donations||||1,930|2,276|
|Appeals
and donations||||2,495|1,640|
|UK Government
grants - Restricted|||||29,000|
|UK Government
grants|||||89,941|
|UK JRS Government|grants -|Unrestricted|||9,537|
|||||4,425|132,394|
|Cbarilable
acllvllies||||||
|In house shows
/ concerts||||338,457|226,597|
|Sale offood and drinks||||195,625|111,169|
|Room Hire Income||||266,597|239,490|
|Other income||||625|534|
|Other income||||7,801|1,623|
|||||809,105|579,413|
|Inveslmenl income||||||
|Interest on cash deposits||||668|20|
|||||668|20|
|Cbarilable acliviliet||||||
|Opening
stock||||(5,920)|(3,378)|
|Alcohol and food||||(73,780)|(53,681)|
|Direct costs|||||(350)|
|Direct costs||||(297,831)|(226,585)|
|Closing stock||||6,506|5,920|
|Hire ofother assets (Operating||leases)||(17,739)|(12,677)|
|Hire ofother assets (Spot hire)||- Restricted|||(158)|
|Wages and salaries - Restricted|||||(3,265)|
|Wages and salaries||||(235,989)|(202,486)|
|StaffNIC (Employers)||||(10,973)|(6,121)|
|Staffpensions
(Defined contribution)||||(3,867)|(2,791)|
|Stafftraining||||(754)|(550)|
|Rates||||3,791|(11,914)|
|Light, heat and power||||(44,430)|(18,877)|
|Insurance||||(16,720)|(12,450)|
|Repairs and renewals||||(6,603)|(10,737)|
|Repairs and renewals|- Restricted|||(16,681)|(46,568)|
|Repairs and renewals|- Unrestricted|||(26,095)|(31,903)|
|Telephone
and fax||||(4,749)|(4,156)|
|Computer
software
and maintenance|||costs|(3,035)|(2,061)|
|Printing,
postage and stationery||||(1,934)|(1,193)|
##
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||Detailed|Statement ofFinancial Activiti|es for the Year Ended 30April 202|3|
|---|---|---|---|---|
||||Total|Total|
||||2023|2022|
|Trade subscriptions|||(3,932)|(4,942)|
|Charitable
donations|||(125)||
|Sundry Expenses - Restricted||||(1,227)|
|Sundry expenses|||(8,649)|(7,961)|
|Cleaning|||(4,889)|(6,089)|
|Travel and subsistence||||(60)|
|Advertising|||(17,010)|(20,190)|
|Accountancy|fees||(4,000)|(5,965)|
|Consultancy|fees||(16,855)|(15,371)|
|Consultancy|fees - Restricted||(5,069)|(2,482)|
|Consultancy|fees - Unrestricted||(26,120)|(22,997)|
|Legal and professional||fees||(35)|
|Bad debts written
ofi'|||(764)|(193)|
|Bank charges|||(27,115)|(20,112)|
|Depreciation|ofplant and machinery||(3,071)|(3,031)|
|Depreciation|ofplant and machinery||(1,806)|(1,126)|
|Depreciation|offixtures|and fittings|(3,293)|(2,311)|
|Independent|examiner's|fee|(1,500)|(1,500)|
||||(881,001)|(761,573)|