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|CONTENTS|||Page|
|---|---|---|---|
|Members ofthe Board|and professional|advisors||
|Trustees
Annual
Report|||2to 10|
|Auditors'
Report|||11to 12|
|Statement
of Financial|Activities||13|
|Balance sheet|||14|
|Statement ofCash Flows|||15|
|Notes to the financial statements|||16to 26|
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|Suresh Bawa (Chair)|Suresh Bawa (Chair)|||
|---|---|---|---|
|Alex White||||
|Richard Butler||||
|Gary Bird||||
|Sue Evans||||
|Barclays Bank||||
|The Bridge Branch||||
|Walsall||||
|WS1 1LR||||
|Anthony
Collins Solicitors|||LLP|
|134Edmund Street||||
|Birmingham||||
|83 2ES||||
|DJH Mitten Clarke Ltd||||
|3"Floor International||House||
|20 Hatherton|Street|||
|Walsall||||
|WS4 2LA||||
|Aldermore
Bank||||
|SOSt MaryAxe||||
|London||||
|EC3A BFR||||
|CaSE insurance||||
|Manor House||||
|19Church Street||||
|Leatherhead||||
|Surrey||||
|KT22 80N||||
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
||||Note|E|E|E|E|
|INCOME||||||||
|Income from;-||||||||
|Donations|and legacies|||317,419||317,419|7,259|
|Charitable|Activities|||100,531|585,232|685,763|1,037,402|
|Other trading
activities||||352,919||352,919|445,233|
|Investment|income|||11,120||11,120|13,607|
|TOTAL INCOME||||781,989|585,232|1,367,221|1,503,501|
|EXPENDITURE||||||||
|Charitable
activities|||6|387,815|567,389|955,204|1,179,466|
|TOTAL EXPENDITURE||||387,815|567,389|955,204|1,179,466|
|NET INCOME||||394,174|17,843|412,017|324,035|
|Gross transfers|between|funds||||||
|NET MOVEMENT
IN FUNDS||||394,174|17,843|412,017|324,035|
|Brought Forward 1April||2021||1,838,481|41,939|1,880,420|1,556,385|
|TOTAL FUNDS CARRIED||FORWARD||2,232,655|59,782|2,292,437|1,880,420|
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|||||BALANCE|SHEET|||||
|---|---|---|---|---|---|---|---|---|---|
|||||YEAR ENDED 31|MARCH|2022||||
|||||||2022||2021||
|||||Note||E||||
|CURRENT ASSETS||||||||||
|Debtors||||12|364,065|||222,249||
|Cash at bank|and in hand||||2,095,051|||1,898,203||
||||||2,459,116|||2,120,452||
|CREDITORS:|Amounts|falling due within||||||||
|one year||||13|100,679|||101,032||
|NET CURRENT ASSETS|||||||2,358,437||2,019,420|
|Total assets|less current||liabilities||||2,358,437||2,019,420|
|PROVISIONS|FOR LIABILITIES|||15|||66,000||139,000|
|NET ASSETS|||||||2,292,437||1,880,420|
|CHARITY FUNDS||||||||||
|Restricted funds||||18|||59,782||41,939|
|Unrestricted|funds|||18|||2,232,655||1,838,481|
|TOTALFUNDS|||||||2,292,437||1,880,420|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|E|f|
|Cash|flow from operating|activities||16|196,848|198,649|
|Net|cash flow from operating||activities||196,848|198,649|
|Net|Increase/(decrease)|in cash and cash equivalents|||196,848|198,649|
|Cash|and cash equivalents|at|1April 2021||1,898,203|1,699,554|
|Cash|and cash equivalents|at|31March 2022||2,095,051|1,898,203|
|Cash|and cash equivalents|consists of:|||||
|Cash|at bank and in hand||||2,095,051|1,898,203|
|Cash|and cash equivalents|at|31March 2022||2,095,051|1,898,203|
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|ncome from d|onations|and|legacies|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f|E|
|Contributions|Manor|Farm|Community|Services|Limited|316,946|7,259|
|Sundry||||||473||
|||||||317,419|7,259|
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|||||2022|2021|
|---|---|---|---|---|---|
|Restricted:||||E|f|
|Walsall|MBC Indicative
Head Counts|||51,759||
|Walsall|MBC Housing Support
Fund|||22,500||
|Walsall|MBC Community
Development|||11,000||
|Walsall|MBC Hub
Ik Spoke Locality|||3,000||
|Big Lottery fund grant
Walsall
MBC Holiday Activities
&Food||||85,091
12,460|83,238
16,000|
|Steps to Work
Heart of England||||166,017
2,500|169,446
5,382|
|Black Country Together||||88,660|92,030|
|Black Country
Futures||||58,072|56,862|
|Walsall|MBC Community
Projects|||14,798||
|Walsall|MBC Making Connections|Walsall||30,000|46,500|
|Walsall|MBC re Innovation
Project||||5,000|
|Walsall|MBC Hospital Project|||25,000||
|Walsall|MBC Thrive Bus re T P Riley|||14,375||
|Walsall|MBC re Befriending||||5,334|
|Neighbourhood
Natters
Sports Foundation|||||6,650
3,631|
|Vinci UK Foundation
re Covid 19|||||2,500|
|West Midlands
Police re Covid 19|||||1,500|
|Walsall|Hospitals
re Winter Pressures||Support||1,000|
|Soil Association
re Covid 19|||||585|
|Tesco|Groundwork
re Covid 19||||500|
|One Stop Groundwork
re Covid 19|||||500|
|||||585,232|497,658|
|Unrestricted;||||||
|Walsall|MBC Supporting
Vulnerable||Families|52,500|2,500|
|Walsall|MBCTest and Trace|||42,500||
|Walsall|MBC re Covid|||5,531|477,031|
|Walsall|MBC Clinically Extremely Vulnerable||||24,000|
|Walsall|MBC Shielded||||18,313|
|Martin|Lewis Fund re Covid 19||||16,900|
|Walsall|Housing Group re Covid 19||||1,000|
|||||100,531|539,744|
|||||685,763|1,037,402|
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|ther trading a|ctivities|||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Lettings||216,192|74,001|
|Nursery fees||106,122|183,316|
|Education fees||15,104|8,034|
|Silver scheme transport||231||
|Job Retention|Scheme|5,174|134,882|
|Business rates|refunds|10,096|45,000|
|||352,919|445,233|
|||2022|2021|
|---|---|---|---|
|||E|E|
|Bank|interest|11,120|13,607|
|||11,120|13,607|
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|nalysis ofexpenditure
on charitable
activities||||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Community
Association
staff costs||183,568|278,928|
|Community
Association
premises costs||45,000||
|Sundry expenses||27,494|3,673|
|Adult education
wages||34,153|18,476|
|Adult education
expenses||1,792|6,194|
|Printing
and publicity
Repairs and maintenance||11,152
10,285|4,792
68,310|
|Nursery
wages||114,651|223,478|
|Nursery expenses||35,609|23,783|
|Big Lottery sundry expenses
Big Lottery motor expenses
Big Lottery advertising
expenses
Big Lottery staffing costs||8,864
3,438
1,138
58,121|6,204
1,635
1,914
59,975|
|Big Lottery premises costs
Steps to Work wages
Steps to Work sundry expenses
Heart of England
wages||152,081
9,858|151,128
10,213
11,251|
|Heart of England sundry
expenses|||458|
|Black Country Together wages
Black Country Together sundry expenses||79,750
9,388|80,330
6,881|
|Black Country
Futures wages
Black Country
Futures sundry expenses||47,897
8,331|43,284
5,821|
|One Palfrey Big Local expenses
Covid 19Response wages
Covid 19Response sundry
expenses||18,430
34,331|12,127
91,320
16,970|
|Sports Development
Officer wages|||12,149|
|Support|(note 7)|59,873|42,172|
|||955,204|1,179,466|
|llocation of||support costs|||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Governance|||18,066|13,136|
|Administrative
Insurance||staff wages|33,961
4,086|23,309
3,919|
|Postage and
Bank charges||telephone|2,500
1,260|1,250
558|
|Tota I|||59,873|42,172|
|overnance|costs||||
||||2022|2021|
||||E|f|
|Administration||staff wages|11,321|7,770|
|Postage and telephone
Audit and accountancy|||475
6,270|296
5,070|
||||18,066|13,136|
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||2022|2021|
|---|---|---|
||f|E|
|Wages and salaries|596,401|855,756|
|Social security|102,718|55,584|
|Pension costs|18,671|88,058|
||717,790|999,398|
||more than|66|0,000|is as follows:—||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||f|E|
||630,001 —640,000|||||||
||6110,001 - 6120,000|||||||
|12|Debtors|||||||
|||||||2022|2021|
|||||||E|f|
||Amounts
owed by Manor Farm Community
Prepayments
and accrued income||||Services Ltd|311,687
52,378|26,954
195,295|
|||||||364,065|222,249|
|13|Creditors:|amounts||falling due within one|year|||
|||||||2022|2021|
|||||||f|E|
||Trade creditors|||||3,256|10,204|
||Taxation|and|social security|||23,052|35,371|
||Accruals|||||38,582|20,469|
||Deferred|income||||35,789|34,988|
|||||||100,679|101,032|
##
|14|Deferred income||||||
|---|---|---|---|---|---|---|
||||||Under 1year|Total|
||||||f|E|
||At 1"April 2021||||34,988|34,988|
||Additions
during the year||||35,789|35,789|
||Amounts
released to income||||(34,988)|(34,988)|
||At 31"March 2022||||35,789|35,789|
|15|Provisions for liabilities||||||
||||||2022|2021|
||||||E|f|
||Defined benefit pension scheme deficit (note 17)||||66,000|139,000|
||||||66,000|139,000|
|16|Reconciliation
ofnet|income/(expenditure)||to net cash flow from operating|activities||
||||||2022|2021|
||||||E|f|
||Net income for year||||412,017|324,035|
||(Increase)
in debtors||||(141,816)|(160,963)|
||(Decrease) in creditors||||(353)|(53,423)|
||(Decrease)increase|in provisions|||(73,000)|89,000|
||Net cash flow from|operating|activities||196,848|198,649|
##
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||Balance at|Income|Expenditure|Transfers|Balance at31|
|---|---|---|---|---|---|
||1April 2021||||March 2022|
||f|f|E||E|
|Unrestricted|1,238,481|781,989|387,815||1,632,655|
|Designated|600,000||||600,000|
||1,838,481|781,989|387,815||2,232,655|
|Restricted||||||
|Big Lottery|21,937|85,091|71,561||35,467|
|Steps to Work|14,745|166,017|161,939||18,823|
|Heart of England|(2,637)|2,500|||(137)|
|Black Country Together|2,237|88,660|89,138||1,759|
|Black Country
Futures|2,026|58,072|56,228||3,870|
|WMBC re Housing||||||
|Support
Fund||22,500|22,500|||
|WMBC re Making||||||
|Connections
Walsall||30,000|30,000|||
|WMBC re Indicative||||||
|Head Counts||51,759|51,759|||
|WMBC re Community||||||
|Development||11,000|11,000|||
|WMBC re Holiday||||||
|Activities &Food||12,460|12,460|||
|WMBC re Community||||||
|Projects||14,798|14,798|||
|WMBC Hub &Spoke Locality||3,000|3,000|||
|Sports Foundation|3,631||3,631|||
|WMBC re Hospital Project||25,000|25,000|||
|WMBC re Thrive Bus TP||||||
|Riley||14,375|14375|||
||41,939|585,232|567,389||59,782|
||1,880,420|1,367,221|955,204||2,292,437|