||||Page|Page|
|---|---|---|---|---|
|Report ofthe Trustees||1|to|7|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet||10|to|11|
|Cash Flow Statement|||12||
|Notes to the Cash Flow|Statement||13||
|Notes to the Financial Statements||14|to|23|
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||for t|he year e|nded 31 March|2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||E|F|
|INCOME AND ENDOWMENTS FROII|||||||
|Donations
and legacies|||500||500||
|Charitable
activities|||||||
|Charitable
activities|||66,888|546,344|613,232|478,530|
|Investment
income|||2,614||2,614|32,869|
|Other income|||2,939||2,939|26,282|
|Total|||72,941|546,344|619,285|537,681|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable
activities|||40,501|493,173|533,674|543,860|
|Governance
costs||||||3,540|
|Total|||40,501|493,173|533,674|547,400|
|NET INCOME/(EXPENDITURE)|||32,440|53,171|85,611|(9,719)|
|Transfers
between|funds|17|(5,636)|5,636|||
|Net movement
in funds|||26,804|58,807|85,611|(9,719)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought|forward||91,429|17,479|108,908|118,627|
|TOTAL FUNDS CARRIED FORWARD|||118,233|76,286|194,519|108,908|
##
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|||31|March 2021||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes||E|E|E|
|FIXEDASSETS|||||||
|Tangible assets|||1,030||1,030|2,404|
|CURRENT ASSETS|||||||
|Debtors||13|41,192|4'I,150|82,342|98,955|
|Cash at bank and|in hand||106,992|139,003|245,995|176,745|
||||148,184|180,153|328,337|275,700|
|CREDITORS|||||||
|Amounts
falling due within one year||14|(30,983)|(103,865)|(134,848)|(169,196)|
|NET CURRENT ASSETS|||117,201|76,288|193,489|106,504|
|TOTAL ASSETS|LESSCURRENT||||||
|LIABILITIES|||118,231|76,288|194,519|108,908|
|NET ASSETS|||118,231|76,288|194,519|108,908|
|FUNDS||17|||||
|Unrestricted
funds|||||118,231|91,429|
|Restricted funds|||||76,288|17,479|
|TOTAL FUNDS|||||194,519|108,908|
##
##
||for|the year ended 3|1 March 2021||
|---|---|---|---|---|
||||2021|2020|
|||Notes|F|E|
|Cash flows from operating|activities||||
|Cash generated
from operations|||65,806|43,369|
|Net cash provided
by operating
activities|||65,806|43,369|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets||||(2,748)|
|interest received|||598|233|
|Net cash provided
byl(used|in) investing|activities|598|(2,515)|
|Change
in cash and cash|equivalents||||
|in the reporting
period|||66,404|40,854|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period|2|176,745|135,891|
|Cash and cash equivalents|at the end||||
|ofthe reporting
period||2|243,149|176,745|
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|ACTIVITIES||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|E|
|Net income/(expenditure)
for the reporting||period (as per the||||
|Statement of Financial Activities)
Adjustments
for:||||85,611|(9,719)|
|Depreciation
charges||||1,374|344|
|Interest received
Decrease/(increase)|in debtors|||(598)
16,613|(233)
(8,249)|
|(Decrease)/increase|in creditors|||(37,194)|61,226|
|Net cash provided|by operations|||65,806|43,369|
|ANALYSIS OF CASH AND CASH EQUIVALENTS||||||
|||||2021|2020|
|Cash in hand||||257|382|
|Notice deposits (less than 3 months)||||245,738|176,363|
|Overdrafts
included|in bank loans and overdrafts||falling due within one|||
|year||||(2,846)||
|Total cash and cash|equivalents|||243,149|176,745|
##
|||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|---|
||||E|E|
|Net cash|||||
|Cash at bank and|in hand|176,745|69,250|245,995|
|Bank overdraft|||(2,846)|(2,846)|
|||176,745|66,404|243,149|
|Total||176,745|66,404|243,149|
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|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
|Donations||||||||500||
|INVESTMENT INCOME||||||||||
|||||||||2021|2020|
|||||||||E||
|Rents received||||||||2,016|32,636|
|Deposit account||interest||||||598|233|
|||||||||2,614|32,869|
|INCOME FROM||CHARITABLE ACTIVITIES||||||||
|||||||||2021|2020|
|||||Activity||||F|E|
|Grants||||Charitable||activities||613,232|478,530|
|Grants received,|included||in the above,|||are as follows:||||
|||||||||2021|2020|
|||||||||E|E|
|Coventry
City Council||||||||271,163|227,148|
|European
Social|Fund and||National||Lottery Community||Fund|60,170|54,787|
|The 29th May 1961Charitable||||Trust|||||7,500|
|William
A Cadbury|||||||||3,750|
|Henry Smith||||||||55,586|55,608|
|UK Responsible
Authority|||(UKRA)|||||65,379|49,043|
|National
Lottery||||||||64,334|31,930|
|Coventry
& Rugby||CCG||||||48,264|48,264|
|Apprentice
&YPEPS|||||||||500|
|Heart of England|Community|||Association||||20,886||
|NAVCA VCS Emergenices|||Partnership|||||1,500||
|Hilden Charitable||Trust||||||1,250||
|Carried forward||||||||588,532|478,530|
##
|5.|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued|INCOME FROM CHARITABLE ACTIVITIES -continued||||
|---|---|---|---|---|---|---|---|---|
||||||||202 I|2020|
||Brought forward||||||588,532|478,530|
||Sheldon
Charitable|Trust|||||4,000||
||Eveson Charitable|Trust|||||10,000||
||Garfield Weston Charitable|||Trust|||10,000||
||Baron Davenports||||||700||
||||||||613,232|478,530|
|6.|CHARITABLE ACTIVITIES|||COSTS|||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 7)|Totals|
|||||||F|F||
||Charitable
activities|||||418,895|114,779|533,674|
|7.|SUPPORT COSTS||||||||
||||||||Governance||
|||||||Other|costs|Totals|
|||||||F||E|
||Charitable
activities|||||114,626|153|114,779|
|8.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||is|stated after charging/(crediting):|||||
||||||||2021|2020|
||||||||E|E|
||Depreciation
—owned assets||||||1,374|344|
|9.|TRUSTEES' REMUNERATION||||AND BENEFITS||||
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||E|
|Wages and salaries||||327,297|267,296|
|Social security costs||||21,479|18,543|
|Other pension costs||||22,942|18,997|
|||||371,718|304,836|
|The average
monthly|number ofemployees|during|the year was as follows:|||
|||||2021|2020|
|Provision||||12|9|
|Support||||3|3|
|Governance||||1|1|
|||||16|13|
##
|No employees
received emoluments
in excess off60,000.|No employees
received emoluments
in excess off60,000.|No employees
received emoluments
in excess off60,000.|No employees
received emoluments
in excess off60,000.|||
|---|---|---|---|---|---|
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|||||F|E|
|INCOME AND ENDOWMENTS||FROM||||
|Charitable
activities||||||
|Charitable
activities|||48,764|429,766|478,530|
|Investment
income|||32,869||32,869|
|Other income|||26,282||26,282|
|Total|||107,915|429,766|537,681|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Charitab! e activities|||107,973|435,887|543,860|
|Governance
costs|||3,540||3,540|
|Total|||111,513|435,887|547,400|
|NET INCOME/(EXPENDITURE)|||(3,598)|(6,121)|(9,719)|
|Transfers
between funds|||(7,545)|7,545||
|Net movement
in funds|||(11,143)|1,424|(9,719)|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought|forward||102,572|16,055|118,627|
|TOTAL FUNDS CARRIED FORWARD|||91,429|17,479|108,908|
||for the year ended 31 March|for the year ended 31 March|for the year ended 31 March|2021|||
|---|---|---|---|---|---|---|
|12.|TANGIBLE FIXEDASSETS||||||
|||||Fixtures|||
|||||and|Computer||
|||||fittings|equipment|Totals|
|||||E|F||
||COST||||||
||At 1 April 2020 and 31|March 2021||14,380|26,141|40,521|
||DEPRECIATION||||||
||At 1 April 2020
Charge for year|||14,380|23,737
1,374|38,117
1,374|
||At 31 March 2021|||14,380|25,111|39,491|
||NET BOOK VALUE||||||
||At 31 March 2021||||1,030|1,030|
||At 31 March 2020||||2,404|2,404|
|13.|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR||||||
||||||2021|2020|
||||||E|E|
||Trade debtors||||41,229|86,575|
||Other debtors||||24,934|100|
||Pre payments||||16,179|12,280|
||||||82,342|98,955|
|14.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2021|2020|
||||||E|F|
||Bank loans and overdrafts
Trade creditors||(see note 15)||2,846
7,412|30,942|
||Social security and other
Other creditors||taxes||10,290|5,843
4,009|
||Accruals and deferred|income|||97,376|124,803|
||Accrued expenses||||16,924|3,599|
||||||134,848|169,196|
|At 1stApril 2020
Released
during
the year
Deferred
during
the year|124,803
(575,359)
547,932|17,364
(489,883)
597,322|
|---|---|---|
|At 31st March 2021|97,376|124,803|
##
|An analysi|s ofthe maturity|of loans is given belo|w:|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|f|
|Amounts|failing due within|one year on demand:||||
|Bank overdrafts||||2,846||
|LEASING|AGREEMENTS|||||
|Minimum|lease payments|under non-cancellable|operating|leases fall due as follows:||
|||||2021|2020|
|||||F|F|
|Within one year||||57,403|57,403|
|Between one and five years||||76,170|20,786|
|||||133,573|78,189|
##
|17.|MOVEMENT|MOVEMENT|IN|FUNDS||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1.4.20|in funds|funds|31.3.21|
|||||||F|E|E||
||Unrestricted||funds|||||||
||General
fund|||||26,345|32,438|14,274|73,057|
||Personnel|||||45,084||(4,910)|40,174|
||Equipment|||||5,000|||5,000|
||Property|||||15,000||(15,000)||
|||||||91,429|32,438|(5,636)|118,231|
||Restricted|funds||||||||
||Healthwatch|||||8,694|19,977||28,671|
||Building
Better Opportunities-|||||||||
||Progress|||||(85)|85|||
||Building
Better Opportunities—|||||||||
||Accelerate
Henry Smith
Asylum,
Migration|||and Integration|Fund|(798)
7,251|400
8,422
(5,637)|5,636|(398)
15,673
(1)|
||Community|Fund||- Chat Central||1,652|5,226||6,878|
||Coventry 4 Good|||||765|||765|
||CC4Y||||||24,700||24,700|
|||||||17,479|53,173|5,636|76,288|
||TOTAL FUNDS|||||108,908|85,611||194,519|
##
##
##
|Net movement
in|funds,
includ|ed|in the abo|ve are as follow|s:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E||E|
|Unrestricted
funds||||||||
|General
fund|||||72,940|(40,502)|32,438|
|Restricted funds||||||||
|Healthwatch|||||254,042|(234,065)|19,977|
|Building Better Opportunities-||||||||
|Progress|||||23,106|(23,021)||
|Building Better Opportunities-
Accelerate|||||37,063|(36,663)|400|
|Henry Smith
Asylum,
Migration
Community
Fund|and integration
- Chat Central||Fund||55,586
66,628
46,151|(47,164)
(72,265)
(40,925)|8,422
(5,637)
5,226|
|Heart of England|||||20,886|(20,886)||
|CC4Y|||||42,883|(18,183)|24,700|
||||||546,345|(493,172)|53,173|
|TOTAL FUNDS|||||619,285|(533,674)|85,611|
|Comparatives
for movement||in|funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.19|in funds|funds|31.3.20|
||||||E|E||
|Unrestricted
funds||||||||
|General fund
Personnel||||(93,711)
40,875|(3,598)|123,654
4,209|26,345
45,084|
|Equipment||||5,000|||5,000|
|Commitments||||135,408||(135,408)||
|Property||||15,000|||15,000|
|||||102,572|(3,598)|(7,545)|91,429|
|Restricted funds||||||||
|Healthwatch||||10,634|(1,940)||8,694|
|Building
Better Opportunities-||||||||
|Progress||||(79)|(6)||(85)|
|Building Better Opportunities-||||||||
|Accelerate||||(3)|(795)||(798)|
|The 29th May 1961Charitable
Trust
William
A Cadbury
Henry Smith
Asylum,
Migration
and Integration
Fund
Community
Fund - Chat Central
Coventry 4 Good||||4,738
765|298
309
2,513
(8,152)
1,652|(298)
(309)
8,152|7,251
1,652
765|
|||||16,055|(6,121)|7,545|17,479|
|TOTAL FUNDS||||118,627|(9,719)||108,908|
##
##
|Comparative
net|movement
in|fu|nds,
included
in t|he above are as follows|:||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources
f|expended|in funds
f.|
|Unrestricted
funds|||||||
|General
fund||||107,915|(111,513)|(3,598)|
|Restricted funds|||||||
|Healthwatch||||227,148|(229,088)|(1,940)|
|Building Better Opportunities-|||||||
|Progress||||18,264|(18,270)|(6)|
|Building Better Opportunities-|||||||
|Accelerate||||36,523|(37,318)|(795)|
|The 29th May 1961Charitable||Trust||7,500|(7,202)|298|
|William
A Cadbury||||3,750|(3,441)|309|
|Henry Smith||||55,608|(53,095)|2,513|
|Asylum,
Migration|and Integration||Fund|49,043|(57,195)|(8,152)|
|Community
Fund|- Chat Central|||31,930|(30,278)|1,652|
|||||429,766|(435,887)|(6,121)|
|TOTAL FUNDS||||537,681|(547,400)|(9,719)|
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
||||||At 1.4.19|in funds|funds|31,3,21|
|||||||F|||
|Unrestricted|funds||||||||
|General
fund|||||(93,711)|28,840|137,928|73,057|
|Personnel|||||40,875||(701)|40,174|
|Equipment|||||5,000|||5,000|
|Commitments|||||135,408||(135,408)||
|Property|||||15,000||(15,000)||
||||||102,572|28,840|(13,181)|118,231|
|Restricted funds|||||||||
|Healthwatch|||||10,634|18,037||28,671|
|Building Better Opportunities-|||||||||
|Progress|||||(79)|79|||
|Building Better Opportunities-|||||||||
|Accelerate|||||(3)|(395)||(398)|
|The 29th May|1961Charitable||Trust|||298|(298)||
|William
A Cadbury||||||309|(309)||
|Henry Smith|||||4,738|10,935||15,673|
|Asylum,
Migration||and integration||Fund||(13,789)|13,788|(1)|
|Community
Fund||—Chat Central||||6,878||6,878|
|Coventry 4 Good|||||765|||765|
|CC4Y||||||24,700||24,700|
||||||16,055|47,052|13,181|76,288|
|TOTAL FUNDS|||||118,627|75,892||194,519|
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