2022-12-31-accounts - New Heights - Warren Farm Community Project

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Chairman	Chairman			Mr S Flynn
Directors				Mr S Flynn
				Mr J Lowe
				Mr J McGorman
				Mr M Daly
				Mr J Head
				Mrs S L Byrne
				Mrs C Gutteridge
				Mrs S Cross
				Mrs M Lordan
				Mr SA McAleavy
				Mrs C Walker
Trustees				Mr S Flynn
				Mr J Lowe
				MrJ McGorman
				Mr M Daly
				Mr J Head
				Mrs S L Byrne
				Mrs C Gutteridge
				Mrs SCross		(Appointed	6June 2022)
				Mrs M Lordan		(Appointed	6June 2022)
				Mr SA McAleavy		(Appointed	6June 2022)
				Mrs C Walker		(Appointed	25 April 2022)
Secretary				Mrs S L Byrne
Associate				Th8 Quang Nguyen
Charity	number			1196648
Company		number		06021283
Registered			office	124Warren Farm Road
				Kingstanding
				Birmingham
				B44 OQN
Independent			examiner	Edwards Accountants	(Midlands)	Limited
				34 High Street
				Aldridge
				Walsall
				West Midlands
				WS9 8LZ

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022	2022	2022	2021	2021	2021
		Notes		6	6	5	6	f
Income from:
Donations and
legacies				23,575	267,017	290,592	3,972	245,792	249,764
~Edit
Raising funds				2,713		2,713	108		108
Charitable activities			5	30,285	270,220	300,505	15,092	256,317	271,409
Total resources
expended				32,998	270,220	303,218	15,200	256,317	271,517
Net surplus/(deficit)		for	the
year before depreciation				(9,423)	(3,203)	(12,626)	(11,228)	(10,525)	(21,753)
Depreciation				79	27,665	27,744	128	27,665	27,793
Net movement	in funds			(9,502)	(30,868)	(40,370)	(11,356)	(38,190)	(49,546)
Fund balances	at 1
January 2022				130,115	385,304	515,419	141,471	423,494	564,965
Fund balances	at
31 December 2022				120,613	354,436	475,049	130,115	385,304	515,419

					2022		2021
				Notes	8		F
Fixed assets
Tangible assets						327,697		355,441
Current assets
Cash at bank and	in	hand			292,622		348,954
Creditors: amounts		falling	due within	10
one year					(145,270)		(188,976)
Net current assets						147,352		159,978
Total assets less	current		liabilities			475,049		515,419
Income funds
Restricted funds						354,436		385,304
Unrestricted funds						120,613		130,115
						475,049		515,419

1	Accounting policies		(Continued)
	Basic financial liabilities
	Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
	the arrangement constitutes a financing transaction, where the debt	instrument	is measured at the present
	value ofthe future payments discounted at a market rate of interest.	Financial liabilities classified as payable
	within one year are not amortised.
	Debt instruments are subsequently carried at amortised cost, using the effective		interest rate method.
	Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method,
	Derecognitfon offinancial liabilities
	Financial liabilities are derecognised when the the trust's contractual	obligations	expire or are discharged or
	cancelled.
1.9	Employee benefits
	The cost of any unused holiday entitlement is recognised in the period in which		the employee's services are
	received.
	Termination benefits are recognised immediately as an expense	when the the trust is demonstrably
	committed to terminate the employment of an employee or to provide	termination	benefits.
1.10	Retirement benefits
	Payments to defined contribution retirement benefit schemes are charged as an		expense as they fall due.
2	Critical accounting estimates and judgements

Donations and legacies
				Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
				F	6		F
Grant Income					267,017	267,017	247,473
Other income				23,575		23,575	2,291
				23,575	267,017	290,592	249,764
For the year ended 31 December 2021				3,972	245,792		249,764
Grants received
Asda Foundation							1,000
Big Lottery Reaching Communities Advocacy Service)		(Breathe Advice and					52,913
Lottery Reaching Communities	Dom		cetic Abuse		29,105	29,105	85,791
4000 Big Lottery					114,371	114,371
BLLiquidity Funding					22,350	22,350
Big Lottery							4,472
FCC Communities Trust					16,075	16,075
Virgin Media 02 Celebration					1,000	1,000
National Express Youth Activities					10,000	10,000
Trusthouse Charitable Foundation					1,698	1,698
Children in Need Fund							4,286
Tesco Bags for Life					1,000	1,000
Arnold Clark Fund					1,195	1,195
Domestic Abuse Tampon Tax Fund					594	594	6,101
Heart of England doing things							6,290
Comic Relief CS(Core Strengths)							701
Arthur Clarke Fund					1,195	1,195	1,000
Heritage Lottery Fund							9,341
Cash for Kids Activities							3,500
Independent Age Core Costs							3,707
West Midlands Police Activities							2,452
The Sutton Coldfield Charitable	Tru	st			1,672	1,672
Eveson Charitable Trust					3,605	3,605	4,252
BCMG Commonwealth Games					5,000	5,000
Robert McAlpine					8,159	8,159	10,000
Community Dividend Fund							500
Garfield Weston					25	25	10,000
Women and Girls Fund DA							1,931
Heart of England Winter Wellbeing							1,000
Harry Payne Fund							1,500
Kingstanding Post Pandemic					1,899	1,899	8,101
Roughley Trust					2,000	2,000	2,000
United Acts of Kindness					131	131	1,369
The Sheldon Trust					2,060	2,060
Queens Platinum Jubilee					5,488	5,488
Morrison Foundation General							1,403
Wesleyan Heart of England					1,572	1,572
Western Power Holiday Meals					1,979	1,979

3	Donations and legacies	Donations and legacies	Donations and legacies			(Continued}	(Continued}
	Witton Lodge Emergency Assistance						4,839
	People's Health Trust						11,527
	Youth Social Action				8	8	698
	The Archer Fund				1,750	1,750
	Other income				20,326	20,326
	Other grants received		&f500		13,760	13,760	6,800
					267,017	267,017	247,473
	Other income
	Cafe Takings			7,490		7,490	1,518
	Lettings StJohns			1,318		1,318	769
	Donations			2,170		2,170
	Others			12,597		12,597	4
				23,575		23,575	2,291
4	Raising funds
						2022	2021
	Fundraisin and	ublicit
	Seeking donations,	grants and legacies				2,713	809
						2,713	809

Charitable activities	Charitable activities		Warren Farm	Staff
			Project Costs	Costs	Depreciation	Total	Total
						2022	2021
						6	6
Staff costs				178,040		178,040	119,787
Depreciation	-Leasehold Property				27,665	27,665	27,665
Depreciation	offixtures	and Fittings			79	79	128
Water, rates	and Insurance costs		10,060			10,060	8,783
Light and Heating costs			5,866			5,866	6,231
Repairs and	Maintenance costs		23,127			23,127	5,171
Telephone and Postage		costs	4,057			4,057	4,555
Sundry costs			1,145			1,145	1,246
Volunteer and travel expenses							3,323
Cafe Repairs	and maintenance		3,337			3,337
Legal advice	service		58,020			58,020	92,164
Legal and Professional		Costs	19,566			19,566	30,149
			125,178	178,040	27,744	330,962	299,202
			125,178	178,040	27,744	330,962	299,202
Analysis by	fund
Unrestricted	funds		32,998		79	33,077
Restricted funds			92,180	178,040	27,665	297,885
			125,178	178,040	27,744	330,962
For the year	ended 31	December 2021
Unrestricted	funds		15,092		128		15,220
Restricted funds			136,530	119,787	27,665		283,982
			151,622	119,787	27,793		299,202

The average	monthly	number ofemployees	number ofemployees	number ofemployees	year was:
Project staff						10
Employment	costs					2022	2021
							E
Wages and	salaries	(incl	social security	costs)		178,040	119,787
There were	no employees		whose annual	remuneration	was 660,000 or more.

9	Tangible fixed asset	s
			Leasehold	Fixtures,	Total
			land &	fittings &
			buildings	equipment
			6	6
	Cost
	At 1 January 2022		691,367	17,622	708,989
	At 31 December 2022		691,367	17,622	708,989
	Depreciation and impairment
	At 1 January 2022		336,241	17,307	353,548
	Depreciation charged	in the year	27,665	79	27,744
	At 31 December 2022		363,906	17,386	381,292
	Carrying amount
	At 31 December 2022		327,461	236	327,697
	At 31 December 2021		355,126	315	355,441
10	Creditors: amounts	falling due within one year
				2022	2021
				F
	Trade creditors			4,813	7,282
	Other creditors			137,817	178,859
	Accruals and deferred	income		2,640	2,835
				145,270	188,976

Analysis of net assets between funds
		Unrestricted	Restricted	Total
		funds	funds
		5	6
Fund balances at 31 December 2022 are represented	by:
Tangible assets		236	327,461	327,697
Current assets/(liabilities)		120,377	26,975	147,352
		120,613	354,436	475,049

	Remuneratio	n o	fkey	mana	gement personnel
						2022	2021
						6
	Salary and	social	security costs			27,621	37,911
13	Cash generated		from	operations		2022	2021
						F
	Deficit for the year					(40,370)	(49,546)
	Adjustments	for:
	Depreciation	and	impairment		oftangible fixed assets	27,744	27,793
	Movements	in working		capital:
	(Decrease)	in creditors				(43,696)	(16,786)
	Cash absorbed		by operations			(56,322)	(38,539)