2021-08-31-accounts

Trustees		Mr G Walker	Mr G Walker
		Mr AJ W Simpson
		Mrs M Hall
Charity number		1172272
Company	number	10288316
Principal address		150Birmingham		Road
		West Bromwich
		West Midlands
		B706QT
Registered	office	150Birmingham		Road
		West 8romwich
		West Midlands
		B706QT
Auditor		CKAudit
		No 4 Castle	Court 2
		Castlegate	Way
		Dudley
		West Midlands
		DY14RH
Governors		G Walker
		A Simpson
		M Povey
		D Loughran
		P Bassi
		A Loughran
		A Coley

		Page
Trustees' report
Statement oftrustees'	responsibilities
Independent auditor's	report	8 - 11
Statement offinancial	activities	12
Balance sheet		13
Statement ofcash flows		14
Notes to the financial	statements	15-23

					Unrestricted	Total
					funds
					2021	2020
				Notes	6	6
f
Donations	and	legacies			11,129	28,218
Charitable Effendi	activities				1,042,382	2,396,663
Total income					1,053,511	2,424,881
	~rn:
Charitable	activities				1,073,265	1,360,800
Net (expenditure)/income			for the yearl
Net movement		in funds			(19,754)	1,064,081
Fund balances		at 1 September 2020			1,732,253	668,172
Fund balances		at 31August 2021			1,712,499	1,732,253

				2021	2020
			Notes	6	6
Fixed assets
Tangible assets				59,050	62,015
Current assets
Debtors			10	807,469	806,374
Cash at bank and in	hand			1,206,244	1,139,262
				2,013,713	1,945,636
Creditors: amounts	falling due within
one year				(360,264)	(275,398)
Net current assets				1.653,449	1,670,238
Total assets less current		liabilities		1,712,499	1,732,253
Income funds
Unrestricted funds				1,712,499	1,732,253
				1,712,499	1,732,253

				2021		2020
			Notes	6		6
Cash flows from operating		activities
Cash generated	from operations				66,982		1,095,835
Net cash used	in investing	activities
Net cash used	in financing	activities
Net increase in	cash and cash equivalents				66,982		1,095,835
Cash and cash equivalents		at beginning	ofyear		1,139,262		43,427
Cash and cash	equivalents	at end of	year		1,206,244		1,139,262

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		6	6
Donations	and gifts		250
Government	Grants	11,129	27,968
		11,129	28,218

Charitable	Charitable	Income
Income
2021		2020
6		6
1,042,382	2,396,663

									Charitable	Charitable
									Expenditure Expenditure
									2021	2020
									6	8
Staff costs									473,062	592,801
Depreciation			and impairment						2,965	4,200
Sessional		workers		&	tutors				17,488	170,341
Insurance									7,474	16,227
Maintenance									26,939	35,006
Heat, light		and power							20,197	18,866
Rent and	leases								118,317	155,956
Sundries									91,019	83,440
Travel									5,681	11,289
Equipment		purchases							4,629	18,081
Equipment		hire / maintenance							3,909	8,160
Provisions									4,096	3,794
Agency costs									67,532	31,822
Bad debts									(30,510)	(35,652)
									812,798	1,114,331
Share ofsupport costs (see						note 6)			209,503	238,926
Share ofgovernance					costs (see note 6)				50,964	7,543
									1,073,265	1,360,800
Support costs
							Support	Governance	2021	2020
							costs	costs
							6	f
Staff costs							200,141		200,141	207,073
Accountancy							2,272		2,272	18,780
Printing, postage, stationery						&telephone	7,090		7,090	13,073
Audit fees								11,060	11,060	6,720
Legal and		professional						39,904	39,904	823
							209,503	50,964	260,467	246,469
Analysed	between
Charitable		activities					209,503	50,964	260,467	246,469

The average	monthly number ofemployees during t	he year was:
		2021	2020
		Number	Number
		26	23
Employment	costs	2021	2020
		8	K
Wages and salaries		606,779	722,299
Social security costs		51,429	60,612
Other pension	costs	14,995	16,963
		673,203	799,874

The number of employees whose annual remune 660,000 is as follows:	ration was more than
	2021	2020
	Number	Number
670,001 - 680,000
Et00,001 - 6110,000

9	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
				Leasehold land and buildings
					f
	Cost
	At 1 September 2020				74,121
	At 31August	2021			74,121
	Depreciation	and impairment
	At 1 September 2020				12,106
	Depreciation	charged	in the year		2,965
	At 31August	2021			15,071
	Carrying amount
	At 31August	2021			59,050
	At 31August	2020			62,015
10	Debtors
				2021	2020
	Amounts falling due		within one year:	6	6
	Trade debtors			780,179	765,369
	Other debtors			3,004
	Prepayments	and accrued income		24,286	41,005
				807,469	806,374
11	Creditors: amounts		falling due within one year
				2021	2020
				6	6
	Other taxation	and social security		12,283	10,464
	Trade creditors			99,543	20,732
	Other creditors			212,292	223,915
	Accruals			36,146	20,287
				360,264	275,398

	2021f	2020f
Within one year	124,767	124,767
Between two and five years	486,754	491,521
In over five years	1,860,000	1,980,000
	2,471,521	2,596,288

	P Bassi has a significant interest in Real Estate Investors rental costs off92,011(2020:f155,956).	P Bassi has a significant interest in Real Estate Investors rental costs off92,011(2020:f155,956).	P Bassi has a significant interest in Real Estate Investors rental costs off92,011(2020:f155,956).	PLC. During	the year, the Charity	was charged
14	Cash generated from	operations			2021f	2020f
	(Deficit)/surpus for the	year			(19,754)	1,064,081
	Adjustments for:
	Depreciation and impairment oftangible		fixed assets			4,200
	Movements in working	capital:
	(Increase)/decrease in	debtors			(1,095)	245,844
	Increase/(decrease) in	creditors			84,866	(218,290)
	Cash generated from	operations			66,982	1,095,835