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|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|||





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





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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds||
||||||2021|2020|
|||||Notes|6|6|
|f|||||||
|Donations|and|legacies|||11,129|28,218|
|Charitable<br>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|





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|||||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<br>funds||||1,712,499|1,732,253|
|||||1,712,499|1,732,253|





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|||||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<br>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|





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



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





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||||||||||Charitable|Charitable|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Expenditure<br>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|





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|The average|monthly<br>number ofemployees<br>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<br>number<br>of employees<br>whose<br>annual<br>remune<br>660,000 is as follows:|ration<br>was<br>more<br>than||
|---|---|---|
||2021|2020|
||Number|Number|
|670,001 - 680,000|||
|Et00,001 - 6110,000|||





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|9|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets|||
|---|---|---|---|---|---|
|||||Leasehold<br>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<br>amount|||||
||At 31August|2021|||59,050|
||At 31August|2020|||62,015|
|10|Debtors|||||
|||||2021|2020|
||Amounts<br>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|





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





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