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|---|---|---|---|---|
|Report ofthe Trustees|||||
|Independent
Examiner's|Report||||
|Statement ofFiaaacial|Activities||||
|Balance Sheet||4|to|5|
|Notes to the Finaacial Statemeats||6|to|10|
|Detailed Statement ofFinaacial Activities|||||
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|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||11.5.20|
||||||||Year Ended|to|
||||||||31.5.22|31.5.21|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|||||
|INCOME|AND ENDOWMENTS||FROM||||||
|Donations|and legacies||||164,735|19,997|184,732|59,537|
|Other income|||||7,590||7,590||
|Total|||||172,325|19,997|192,322|59,537|
|EXPENDITURE ON|||||||||
|Raising funds|||||167,672|20,014|187,686|36,299|
|NET INCOME/(EXPENDITURE)|||||4,653|(17)|4,636|23,238|
|RECONCILIATION||OF FUNDS|||||||
|Total funds|brought|forward|||23,204|34|23,238||
|TOTAL FUNDS CARRIED FORWARD|||||27,857|17|27,874|23,238|
|||31ST|MAY 2022||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|8|8|||
|FIXED ASSETS|||||||
|Tangible
assets||5|3,431|17|3,448|718|
|CURRENT ASSETS|||||||
|Cash at bank|||25,117||25,117|23,120|
|CREDITORS|||||||
|Amounts
falling due within|one year||(691)||(691)|(600)|
|NET CURRENT ASSETS|||24,426||24,426|22,520|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||27,857|17|27,874|23,238|
|NET ASSETS|||27,857|17|27,874|23,238|
|FUNDS|||||||
|Unrestricted
funds|||||27,857|23,204|
|Restricted funds|||||17|34|
|TOTAL FUNDS|||||27,874|23,238|
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||||||Period|
|---|---|---|---|---|---|
||||||11.5.20|
|||||Year Ended|to|
|||||31.5.22|31.5.21|
|Depreciation||-|owned assets|1,872|353|
|Other operating|||leases|12,000|8,000|
|Surplus|on disposal offixed assets|||(7,590)||
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|TRUSTEES' REMUNERATION
AND BENEFITS|TRUSTEES' REMUNERATION
AND BENEFITS||||
|---|---|---|---|---|
|Rent has been paid to Mrs Asha Mattu, trustee, totalling 812,000 during||the year.|||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
||Unrestricted||Restricted|Total|
|||fund|funds|funds|
|||f|||
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||48,337|11,200|59,537|
|EXPENDITURE ON|||||
|Raising funds||24,781|11,518|36,299|
|NET INCOME/(EXPENDITURE)||23,556|(318)|23,238|
|Transfers
between
funds||(352)|352||
|Net movement
in funds||23,204|34|23,238|
|TOTAL FUNDS CARRIED FORWARD||23,204|34|23,238|
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|TANGIBLE FIXED AS|SET|S|||||
|---|---|---|---|---|---|---|
|||||||Computer|
|||||||equipment|
|COST|||||||
|At 1st June 2021||||||1,070|
|Additions||||||4,603|
|At 31st May 2022||||||5,673|
|DEPRECIATION|||||||
|At 1st June 2021||||||353|
|Charge for year||||||1,872|
|At 31stMay 2022||||||2,225|
|NET BOOK VALUE|||||||
|At 31stMay 2022||||||39448|
|At 31st May 2021||||||717|
|CREDITORS: AMOUNTS||FALLING DUE|WITHIN|ONE YEAR|||
||||||2022|2021|
|||||||6|
|Social security and other|taxes||||(29)||
|Accrued expenses|||||720|600|
||||||691|600|
|LEASING AGREEMENTS|||||||
|Minimum
lease payments|under non-cancellable||operating|leases fag due as follows:|||
||||||2022|2021|
|Within one year|||||1,113||
|MOVEMENT
IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.6.21|in funds|31.5.22|
|||||||f|
|Unrestricted
fuads|||||||
|General
fund||||23,204|4,653|27,857|
|Restricted
funds|||||||
|National
Lottery Community||Fund||34|(17)|17|
|TOTAL FUNDS||||23,238|4,636|27,874|
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||||||Incoming|Resources|Movement|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds||
|Unrestricted
funds|||||||||
|General|fund||||172,325|(167,672)||4,653|
|Restricted
funds|||||||||
|National|Lottery Community||Fund||I|(18)||(17)|
|PCC For West Midlands|||||5,000|(5,000)|||
|Walsall|MBC||||14,996|(14,996)|||
||||||19,997|(20,014)||(17)|
|TOTAL FUNDS|||||192,322|(187,686)||4,636|
|Comparatives
for movement|||in funds||||||
||||||Net|Transfers|||
||||||movement|between||At|
||||||in funds|funds|3|1.5.2 I|
|||||||||f|
|Unrestricted
funds|||||||||
|General|fund||||23,556|(352)|23,204||
|Restricted
funds|||||||||
|National|Lottery Community||Fund||(318)|352||34|
|TOTAL|FUNDS||||23,238||23,238||
|Comparative
net movement||in funds,||included|in the above are as follows:||||
||||||Incoming|Resources|Movement||
||||||resources|expended|in|funds|
|||||||||J|
|Unrestricted
funds|||||||||
|General|fund||||48,337|(24,781)|23,556||
|Restricted
funds|||||||||
|National|Lottery Community||Fund||11,200|(11,518)||(318)|
|TOTAL|FUNDS||||59,537|(36,299)|23,238||
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|||||Period|
|---|---|---|---|---|
|||||11.5.20|
||||Year Ended|to|
||||31.5.22|31.5.21|
|INCOME AND|ENDOWMENTS||||
|Donations
and legacies|||||
|Donations|||184,732|59,537|
|Other income|||||
|Gain on sale oftangible||fixed assets|7,590||
|Total incoming|resources||192,322|59,537|
|EXPENDITURE|||||
|Other trading activities|||||
|Purchases|||127,214|14,532|
|Course costs|||19,996||
||||147,210|14,532|
|Support costs|||||
|Management|||||
|Rent|||12,000|8,000|
|Rates and water|||1,125||
|Insurance|||395|520|
|Light and heat|||2,102|761|
|Telephone|||100||
|Postage and stationery|||1,411|772|
|Advertising|||450|631|
|Sundries|||3,600|1,960|
|Motor expenses|||7,713|4,773|
|Repairs and maintenance|||1,639|3,397|
|Accountancy|||840|600|
|Wages|||3,559||
|Volunteer
expenses|||3,669||
||||38,603|21,414|
|Other|||||
|Depreciation|||1,873|353|
|Total resources expended|||187,686|36,299|
|Net income|||4,636|23,238|