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2024-03-31-accounts
|
Page |
| Trustees'report |
1-4 |
| Independent examiner's report |
5 |
| Statement of financial activities |
6 |
| Statement of financial position |
7 - 8 |
| Statement of cash flows |
9 |
| Notes to the financial statements |
10-22 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
| Notes |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donations and legacies |
2 |
55,649 |
147,474 |
203,123 |
51,612 |
231,770 |
283,382 |
| Charitable activities |
3 |
556,111 |
- |
556,111 |
466,537 |
- |
466,537 |
| Other trading activities |
4 |
- |
- |
- |
293 |
- |
293 |
| Total income |
|
611,760 |
147,474 |
759,234 |
518,442 |
231,770 |
750,212 |
| Expenditure on: |
|
|
|
|
|
|
|
| Charitable activities |
5 |
648,908 |
147,474 |
796,382 |
503,783 |
231,770 |
735,553 |
| Total expenditure |
|
648,908 |
147,474 |
796,382 |
503,783 |
231,770 |
735,553 |
| **Net income/(expenditure) ** |
and |
|
|
|
|
|
|
| movement in funds |
|
(37,148) |
- |
(37,148) |
14,659 |
- |
14,659 |
| Reconciliation of funds: |
|
|
|
|
|
|
|
| Fund balances at 1 April 2023 |
|
204,407 |
- |
204,407 |
189,748 |
- |
189,748 |
| Fund balances at 31 March |
|
|
|
|
|
|
|
| 2024 |
|
167,259 |
- |
167,259 |
204,407 |
- |
204,407 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
5,973 |
|
4,866 |
| Current assets |
|
|
|
|
|
| Debtors |
12 |
47,858 |
|
73,532 |
|
| Cash at bank and in hand |
|
161,013 |
|
187,990 |
|
|
|
208,871 |
|
261,522 |
|
| Creditors: amounts falling due within |
|
|
|
|
|
| one year |
14 |
(37,085) |
|
(42,481) |
|
| Net current assets |
|
|
171,786 |
|
219,041 |
| Total assets less current liabilities |
|
|
177,759 |
|
223,907 |
| Creditors: amounts falling due after |
|
|
|
|
|
| more than one year |
15 |
|
(10,500) |
|
(19,500) |
| Net assets |
|
|
167,259 |
|
204,407 |
| Income funds |
|
|
|
|
|
| Unrestricted funds |
|
|
167,259 |
|
204,407 |
|
|
|
167,259 |
|
204,407 |
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Cash flows from operating activities |
|
|
|
|
|
| Cash absorbed by operations |
23 |
|
(14,027) |
|
(11,395) |
| Investing activities |
|
|
|
|
|
| Purchase of tangible fixed assets |
|
(3,950) |
|
(976) |
|
| Net cash used in investing activities |
|
|
(3,950) |
|
(976) |
| Financing activities |
|
|
|
|
|
| Repayment of bank loans |
|
(9,000) |
|
(9,000) |
|
| Net cash used in financing activities |
|
|
(9,000) |
|
(9,000) |
| Net decrease in cash and cash equivalents |
|
|
(26,977) |
|
(21,371) |
| Cash and cash equivalents at beginning of year |
|
|
187,990 |
|
209,361 |
| Cash and cash equivalents at end of year |
|
|
161,013 |
|
187,990 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Grants receivable |
52,235 |
147,474 |
199,709 |
51,612 |
231,770 |
283,382 |
| Donated goods and services |
3,414 |
- |
3,414 |
- |
- |
- |
|
55,649 |
147,474 |
203,123 |
51,612 |
231,770 |
283,382 |
| Volunteers |
|
|
|
|
|
|
| The charity is assisted by a number of volunteers who give their time freely. |
|
|
|
|
|
|
| Grants receivable for core activities |
|
|
|
|
|
|
| Sandwell MBC Play Scheme |
|
|
|
|
12,407 |
12,407 |
| BBC Children In Need |
- |
33,024 |
33,024 |
- |
30,672 |
30,672 |
| Erasmus |
2,989 |
- |
2,989 |
1,889 |
- |
1,889 |
| Harborne Parish Lands |
- |
7,875 |
7,875 |
- |
8,385 |
8,385 |
| Inclusion Support |
- |
29,170 |
29,170 |
- |
28,714 |
28,714 |
| Kickstart |
- |
- |
- |
- |
10,296 |
10,296 |
| Ladywood ESF |
- |
69,005 |
69,005 |
- |
89,831 |
89,831 |
| National Literacy Trust |
- |
- |
- |
- |
51,465 |
51,465 |
| Real Project |
|
6,000 |
6,000 |
- |
- |
- |
| SCVO |
|
2,400 |
2,400 |
- |
- |
- |
| SMBC |
49,246 |
- |
49,246 |
49,723 |
- |
49,723 |
|
52,235 |
147,474 |
199,709 |
51,612 |
231,770 |
283,382 |
|
Little steppers |
Stepping |
Tiny Steps |
Two Steps Little Wonders Other income |
Two Steps Little Wonders Other income |
Two Steps Little Wonders Other income |
Total |
Total |
|
|
Stones |
|
|
|
|
2024 |
2023 |
|
2024 |
2024 |
2024 |
2024 |
2024 |
2024 |
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from charitable activities |
121,908 |
115,558 |
89,327 |
102,415 |
114,941 |
- |
544,149 |
464,687 |
| Other income |
- |
- |
- |
- |
- |
11,962 |
11,962 |
1,850 |
|
121,908 |
115,558 |
89,327 |
102,415 |
114,941 |
11,962 |
556,111 |
466,537 |
|
Little steppers |
Stepping |
Tiny Steps |
Two Steps Little Wonders Other income |
Two Steps Little Wonders Other income |
Two Steps Little Wonders Other income |
Total |
|
|
Stones |
|
|
|
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from charitable activities |
101,571 |
108,369 |
82,432 |
69,793 |
102,522 |
- |
464,687 |
| Other income |
- |
- |
- |
- |
- |
1,850 |
1,850 |
|
101,571 |
108,369 |
82,432 |
69,793 |
102,522 |
1,850 |
466,537 |
|
Total Unrestricted |
Total Unrestricted |
|
|
funds |
|
2024 |
2023 |
|
£ |
£ |
| Photograph sales |
- |
293 |
|
**Charitable ** |
Charitable |
|
Expenditure Expenditure |
|
|
|
2024 2023 |
|
£ |
£ |
| Staff costs |
615,679 |
513,233 |
| Depreciation and impairment |
2,843 |
2,580 |
| Food, other staff costs and other costs |
7,928 |
6,597 |
| Childcare resources |
9,201 |
20,039 |
|
635,651 |
542,449 |
| Share of support costs (see note 6) |
152,112 |
184,209 |
| Share of governance costs (see note 6) |
8,619 |
8,895 |
|
796,382 |
735,553 |
| Analysis by fund |
|
|
| Unrestricted funds |
648,908 |
503,783 |
| Restricted funds |
147,474 |
231,770 |
|
796,382 |
735,553 |
| Support costs |
|
|
|
|
|
|
|
**Support ** |
Governance |
2024 |
Support Governance |
|
2023 |
|
costs |
costs |
|
costs |
costs |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Rent |
51,034 |
|
51,034 |
54,682 |
|
54,682 |
| Rates and water |
314 |
|
314 |
193 |
|
193 |
| Insurance |
7,703 |
|
7,703 |
7,192 |
|
7,192 |
| Light and heat |
3,620 |
|
3,620 |
4,513 |
|
4,513 |
| Telephone |
6,711 |
|
6,711 |
4,558 |
|
4,558 |
| Postage and stationery |
1,210 |
|
1,210 |
1,774 |
|
1,774 |
| Sundries |
2,034 |
|
2,034 |
2,900 |
|
2,900 |
| Repairs and renewals |
5,975 |
|
5,975 |
4,341 |
|
4,341 |
| Other staff costs |
44,044 |
|
44,044 |
78,306 |
|
78,306 |
| Travel expenses |
4,488 |
|
4,488 |
3,732 |
|
3,732 |
| Xmas and community |
|
|
|
|
|
|
| parties |
1,672 |
|
1,672 |
2,466 |
|
2,466 |
| Cleaning and waste |
|
|
|
|
|
|
| disposal |
11,473 |
|
11,473 |
10,998 |
|
10,998 |
| Computer costs |
11,056 |
|
11,056 |
7,515 |
|
7,515 |
| Bank Charges |
166 |
|
166 |
198 |
|
198 |
| Bank loan interest |
612 |
|
612 |
841 |
|
841 |
| Pension and employment |
|
|
|
|
|
|
| advice |
|
6,599 |
6,599 |
|
6,295 |
6,295 |
| Independant examiners |
|
|
|
|
|
|
| fee |
|
2,020 |
2,020 |
|
2,600 |
2,600 |
|
152,112 |
8,619 |
160,731 |
184,209 |
8,895 |
193,104 |
| Analysed between |
|
|
|
|
|
|
| Charitable activities |
152,112 |
8,619 |
160,731 |
184,209 |
8,895 |
193,104 |
| **7 ** |
Net movement in funds |
2024 |
2023 |
|
|
£ |
£ |
|
The net movement in funds is stated after charging/(crediting): |
|
|
|
Depreciation of owned tangible fixed assets |
2,843 |
2,580 |
|
Operating lease charges |
51,034 |
54,682 |
| The average monthly number of employees during th |
e year was: |
|
|
2024 |
2023 |
|
Number |
Number |
| Direct Delivery |
38 |
36 |
| Employment costs |
2024 |
2023 |
|
£ |
£ |
| Wages and salaries |
575,996 |
481,130 |
| Social security costs |
31,359 |
25,409 |
| Other pension costs |
8,324 |
6,694 |
|
615,679 |
513,233 |
| Tangible fixed assets |
|
|
Equipment |
|
and computer |
|
equipment |
|
£ |
| Cost |
|
| At 1 April 2023 |
10,641 |
| Additions |
3,950 |
| At 31 March 2024 |
14,591 |
| Depreciation and impairment |
|
| At 1 April 2023 |
5,775 |
| Depreciation charged in the year |
2,843 |
| At 31 March 2024 |
8,618 |
| Carrying amount |
|
| At 31 March 2024 |
5,973 |
| At 31 March 2023 |
4,866 |
| **12 ** |
Debtors |
|
|
|
|
|
|
2024 |
2023 |
|
Amounts falling due within one year: |
|
£ |
£ |
|
Trade debtors |
|
21,525 |
23,955 |
|
Prepayments and accrued income |
|
26,333 |
49,577 |
|
|
|
47,858 |
73,532 |
| **13 ** |
Loans and overdrafts |
|
|
|
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Bank loans |
|
19,500 |
28,500 |
|
Payable within one year |
|
9,000 |
9,000 |
|
Payable after one year |
|
10,500 |
19,500 |
| **14 ** |
Creditors: amounts falling due within one year |
|
|
|
|
|
|
2024 |
2023 |
|
|
Notes |
£ |
£ |
|
Bank loans |
13 |
9,000 |
9,000 |
|
Other taxation and social security |
|
5,102 |
4,519 |
|
Trade creditors |
|
3,073 |
49 |
|
Other creditors |
|
1,130 |
643 |
|
Accruals and deferred income |
|
18,780 |
28,270 |
|
|
|
37,085 |
42,481 |
| **15 ** |
Creditors: amounts falling due after more than one year |
|
|
|
|
|
|
2024 |
2023 |
|
|
Notes |
£ |
£ |
|
Bank loans |
13 |
10,500 |
19,500 |
| **16 ** |
Retirement benefit schemes |
|
|
|
|
|
|
2024 |
2023 |
|
Defined contribution schemes |
|
£ |
£ |
|
Charge to profit or loss in respect of defined contribution schemes |
|
8,324 |
6,694 |
|
At 1 April |
Incoming |
Resources |
At 31 March |
|
2023 |
resources |
expended |
2024 |
|
£ |
£ |
£ |
£ |
| BBC Children in Need |
- |
33,024 |
(33,024) |
- |
| Harborne Parish Lands |
- |
7,875 |
(7,875) |
- |
| Inclusion Support |
- |
29,170 |
(29,170) |
- |
| Ladywood ESF |
- |
69,005 |
(69,005) |
- |
| Real Project |
- |
6,000 |
(6,000) |
- |
| SCVO |
- |
2,400 |
(2,400) |
- |
|
- |
147,474 |
(147,474) |
- |
| Previous year: |
At 1 April |
Incoming |
Resources |
At 31 March |
|
2022 |
resources |
expended |
2023 |
|
£ |
£ |
£ |
£ |
| Sandwell MBC Play Scheme |
- |
12,407 |
(12,407) |
- |
| BBC Children in Need |
- |
30,672 |
(30,672) |
- |
| Harborne Parish Lands |
- |
8,385 |
(8,385) |
- |
| Inclusion Support |
- |
28,714 |
(28,714) |
- |
| Kickstart |
- |
10,296 |
(10,296) |
- |
| Ladywood ESF |
- |
89,831 |
(89,831) |
- |
| National Literacy Trust |
- |
51,465 |
(51,465) |
- |
|
- |
231,770 |
(231,770) |
- |
|
At 1 April |
Incoming |
Resources |
At 31 March |
|
2023 |
resources |
expended |
2024 |
|
£ |
£ |
£ |
£ |
| General funds |
204,407 |
611,760 |
(648,908) |
167,259 |
| Previous year: |
At 1 April |
Incoming |
Resources |
At 31 March |
|
2022 |
resources |
expended |
2023 |
|
£ |
£ |
£ |
£ |
| General funds |
189,748 |
518,442 |
(503,783) |
204,407 |
|
2024 |
2023 |
|
£ |
£ |
| Within one year |
48,162 |
53,100 |
| Between two and five years |
69,061 |
25,303 |
|
117,223 |
78,403 |
| Analysis of changes in net funds |
|
|
|
|
At 1 April 2023 |
Cash flowsAt 31 March 2024 |
|
|
£ |
£ |
£ |
| Cash at bank and in hand |
187,990 |
(26,977) |
161,013 |
| Loans falling due within one year |
(9,000) |
- |
(9,000) |
| Loans falling due after more than one year |
(19,500) |
9,000 |
(10,500) |
|
159,490 |
(17,977) |
141,513 |
| **23 ** |
Cash generated from operations |
2024 |
2023 |
|
|
£ |
£ |
|
(Deficit)/surpus for the year |
(37,148) |
14,659 |
|
Adjustments for: |
|
|
|
Depreciation and impairment of tangible fixed assets |
2,843 |
2,580 |
|
Movements in working capital: |
|
|
|
Decrease/(increase) in debtors |
25,674 |
(3,438) |
|
(Decrease) in creditors |
(5,396) |
(25,196) |
|
Cash absorbed by operations |
(14,027) |
(11,395) |