##
||||Page||
|---|---|---|---|---|
|Chairman's
Report|||||
|Report ofthe Trustees||2|to|9|
|Independent
Examiner's|Report||10||
|Statement of Financial|Activities||||
|Balance Sheet|||12||
|Cash Flow Statement|||13||
|Notes to the Cash Flow|Statement||14||
|Notes to the Financial Statements||15 to||26|
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|||for t|he year e|nded 31 March|2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||F|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||5,500||5,500|1,000|
|Charitable
activities||||||||
|Charitable
activities||||49,470|584,699|634,169|691,143|
|Investment
income||||19,030||19,030|21,733|
|Other income||||7,021||7,021|2,104|
|Total||||81,021|584,699|665,720|715,980|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Charitable
activities||||78,771|580,546|659,317|615,105|
|NET INCOME||||2,250|4,153|6,403|100,875|
|Transfers
between|funds||17|(5,677)|5,677|||
|Net movement
in funds||||(3,427)|9,830|6,403|100,875|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||175,325|120,069|295,394|194,519|
|TOTAL FUNDS CARRIED FORWARD||||171,898|129,899|301,797|295,394|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|E||F||
|CURRENT ASSETS|||||||
|Debtors||13|18,506|33,708|52,214|35,588|
|Cash at bank and|in hand||182,987|122,111|305,098|402,160|
||||201,493|155,819|357,312|437,748|
|CREDITORS|||||||
|Amounts
falling due within one year||14|(29,595)|(25,920)|(55,515)|(142,354)|
|NET CURRENT ASSETS|||171,898|129,899|301,797|295,394|
|TOTAL ASSETS|LESSCURRENT||||||
|LIABILITIES|||171,898|129,899|301,797|295,394|
|NET ASSETS|||171,898|129,899|301,797|295,394|
|FUNDS||17|||||
|Unrestricted
funds|||||171,898|175,325|
|Restricted funds|||||129,899|120,069|
|TOTAL FUNDS|||||301,797|295,394|
|||for|the year ended 3|1 March 2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Notes|F||
|Cash flows from|operating|activities||||
|Cash generated
from operations|||1|(104,713)|155,924|
|Net cash (used in)/provided||by operating|activities|(104,713)|155,924|
|Cash flows from|investing|activities||||
|Interest received||||2,080|264|
|Net cash provided|by investing
activities|||2,080|264|
|Change
in cash|and cash|equivalents||||
|in the reporting|period|||(102,633)|156,188|
|Cash and cash equivalents||at the||||
|beginning
ofthe|reporting|period|2|399,337|243,149|
|Cash and cash equivalents||at the end||||
|ofthe reporting|period||2|296,704|399,337|
##
##
##
||for the year ende|for the year ende|d 31 March 2023|d 31 March 2023|
|---|---|---|---|---|
|RECONCILIATION|OF NET INCOME TO NET||CASH FLOW FROM OPERATING ACTIVITIES||
||||2023|2022|
||||F|F|
|Net income for the|reporting|period (as per the Statement of|||
|Financial Activities)|||6,403|100,875|
|Adjustments
for:|||||
|Depreciation
charges||||1,031|
|Interest received|||(2,080)|(264)|
|(increase)/decrease|in debtors||(16,626)|46,753|
|(Decrease)/increase|in creditors||(92,410)|7,529|
|Net cash (used in)/provided||by operations|(104,713)|155,924|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||
||||2023|2022|
|||||E|
|Cash
in hand|||187|276|
|Notice deposits (less than 3 months)|||304,911|401,884|
|Overdraffs
included|in bank loans and overdrafts||falling due within one||
|year|||(8,394)|(2,823)|
|Total cash and cash|equivalents||296,704|399,337|
##
|ANALYSIS OF C|HANGES
IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.4.22|Cash flow|At 31.3.23|
|||E|F||
|Net cash|||||
|Cash at bank and|in hand|402,160|(97,062)|305,098|
|Bank overdrafts||(2,823)|(5,571)|(8,394)|
|||399,337|(102,633)|296,704|
|Total||399,337|(102,633)|296,704|
##
##
##
##
##
##
##
##
##
##
##
|lessor are charged
to the Statement|lessor are charged
to the Statement|lessor are charged
to the Statement|lessor are charged
to the Statement|lessor are charged
to the Statement|lessor are charged
to the Statement|lessor are charged
to the Statement|of|Financial
Activiti|es as they fall|due.||
|---|---|---|---|---|---|---|---|---|---|---|---|
|DONATIONS
AND LEGACIES||||||||||||
|||||||||||2023|2022|
|||||||||||E|E|
|Donations||||||||||1,500|1,000|
|Grants||||||||||4,000||
|||||||||||5,500|1,000|
|INVESTMENT INCONIE||||||||||||
|||||||||||2023|2022|
|||||||||||F||
|Rents received||||||||||16,950|21,469|
|Deposit|account||interest|||||||2,080|264|
|||||||||||19,030|21,733|
|INCOME||FROM|CHARITABLE ACTIVITIES|||||||||
|||||||||||2023|2022|
|||||||Activity||||||
|Grants||||||Charitable||activities||634,169|691,143|
|Grants received,|||included||in the above,|||are as follows:||||
|||||||||||2023|2022|
||||||||||||F|
|Coventry||City Council||||||||261,000|261,000|
|European||Social|Fund and||National||Lottery Community||Fund|25,169|54,180|
|CDA||||||||||42,541||
|William|A Cadbury||||||||||15,000|
|Henry Smith|||||||||||23,333|
|UK Responsible|||Authority||(UKRA)|||||64,654|85,445|
|National||Lottery||||||||99,520|51,217|
|Coventry||8 Rugby||CCG||||||49,470|48,264|
|Heart of England||||Community||Association|||||7,914|
|Carried|forward|||||||||542,354|546,353|
|||NOTES TO THE FINANCIAL STATEME
for the year ended 31 March|NOTES TO THE FINANCIAL STATEME
for the year ended 31 March|NOTES TO THE FINANCIAL STATEME
for the year ended 31 March|NTS - continu
2023|ed||
|---|---|---|---|---|---|---|---|
|5.|INCOME|FRONI CHARITABLE ACTIVITIES - continued||||||
|||||||2023|2022|
||||||||E|
||Brought forward|||||542,354|546,353|
||NAVCA VCS Emergenices||Partnership||||3,000|
||Coventry|8 Warwickshire|Partnership|Trust||91,815|141,790|
|||||||634,169|691,143|
|6.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 7)|Totals|
||||||F|||
||Charitable|activities|||480,723|178,594|659,317|
|7.|SUPPORT COSTS|||||||
|||||||Governance||
||||||Other|costs|Totals|
|||||||F|E|
||Charitable|activities|||176,585|2,009|178,594|
|8.|NET INCOIIE/(EXPENDITURE)|||||||
||Net income/(expenditure)||is stated after charging/(crediting):|||||
|||||||2023|2022|
||||||||E|
||Depreciation
- owned assets||||||1,030|
##
##
|STAFF COSTS|||
|---|---|---|
||2023|2022|
||F||
|Wages and salaries|388,193|385,981|
|Social security costs|28,612|25,564|
|Other pension costs|28,036|26,275|
||444,841|437,820|
##
||The average
monthly|number of|emp|loyees
during
the year|was as follows:|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Provision|||||14|14|
||Support|||||4|4|
||Governance|||||1|1|
|||||||19|19|
||No employees
received emoluments|||in excess ofF60,000.||||
|11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES|||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
|||||||E|E|
||INCOME AND ENDOWMENTS||FROM|||||
||Donations
and legacies||||1,000||1,000|
||Charitable
activities|||||||
||Charitable
activities||||51,264|639,879|691,143|
||Investment
income||||21,733||21,733|
||Other income||||2,104||2,104|
||Total||||76,101|639,879|715,980|
||EXPENDITURE ON|||||||
||Charitable
activities|||||||
||Charitable
activities||||17,194|597,911|615,105|
||NET INCOME||||58,907|41,968|100,875|
||Transfers
between|funds|||(1,813)|1,813||
||Net movement
in funds||||57,094|43,781|100,875|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought|forward|||118,231|76,288|194,519|
||TOTAL FUNDS CARRIED FORWARD||||175,325|120,069|295,394|
##
|12.|TANGIBLE FIXEDAS|SE|TS||||
|---|---|---|---|---|---|---|
|||||Fixtures|||
|||||and|Computer||
|||||fittings|equipment|Totals|
|||||E|E||
||COST||||||
||At 1 April 2022 and 31|March 2023||14,380|26,141|40,521|
||DEPRECIATION||||||
||At 1 April 2022 and 31|March 2023||14,380|26,141|40,521|
||NET BOOK VALUE||||||
||At 31 March 2023||||||
||At 31 March 2022||||||
|13.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
||Trade debtors||||36,860|18,363|
||Other debtors||||100|769|
||Prepayments||||15,254|16,456|
||||||52,214|35,588|
|14.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2023|2022|
|||||||E|
||Bank loans and overdrafts||(see note 15)||8,394|2,823|
||Trade creditors||||11,363|32,284|
||Other creditors||||1,984|16,086|
||Accruals and deferred|income|||17,526|90,894|
||Accrued expenses||||16,248|267|
||||||55,515|142,354|
|At 1st April 2022||90,893|97,376|
|---|---|---|---|
|Released
during|the year|(637,003)|(692,309)|
|Deferred
during|the year|563,635|685,826|
|At 31st March 2023||17,525|90,893|
##
|An analys|is ofthe maturity
of loans is given below:|||
|---|---|---|---|
|||2023|2022|
||||F|
|Amounts|falling due within one year on demand:|||
|Bank overdraffs||8,394|2,823|
##
|Minimum
lease payments
under non-cancellable
oper|ating
leases fall due as follows:||
|---|---|---|
||2023|2022|
|||E|
|Within one year
Between one and five years|20,311
8,894|55,200
18,400|
||29,205|73,600|
##
|MOVEMENT
IN F|U|NDS||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.22|in funds|funds|31.3.23|
|||||F|E|||
|Unrestricted
funds||||||||
|General
fund||||123,127|2,250|(22,506)|102,871|
|Personnel||||47,198||1,829|49,027|
|Equipment
Property||||5,000||(5,000)
20,000|20,000|
|||||175,325|2,250|(5,677)|171,898|
|Restricted funds||||||||
|Healthwatch||||53,728|9,890||63,618|
|Building Better Opportunities-
Progress
William
A Cadbury||||9,339|(1,116)
(7,816)|1,116|1,523|
|Asylum,
Migration
and Integration
Community
Fund - Chat Central
Coventry 4 Good
VSCE Mental
Health Alliance|||Fund|1
15,514
765
28,030|(4,561)
8,295
(2,878)|4,561|1
23,809
765
25,152|
|Community
Mental
Transformation||Health||12,692|(9,055)||3,637|
|VCSE Leaders Network|||||11,394||11,394|
|||||120,069|4,153|5,677|129,899|
|TOTAL FUNDS||||295,394|6,403||301,797|
##
|Net movement
in|fu|nds,
included|in the above are|as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||||||F||
|Unrestricted
funds|||||||
|General
fund||||81,021|(78,771)|2,250|
|Restricted funds|||||||
|Healthwatch||||261,000|(251,110)|9,890|
|Building Better Opportunities-|||||||
|Progress||||25,169|(26,285)|(1,116)|
|Building Better Opportunities-|||||||
|Accelerate||||42,541|(42,541)||
|William
A Cadbury|||||(7,816)|(7,816)|
|Asylum,
Migration|and Integration||Fund|64,654|(69,215)|(4,561)|
|Community
Fund|-|Chat Central||75,457|(67,162)|8,295|
|VSCE Mental
Health Alliance|||||(2,878)|(2,878)|
|Community
Mental||Health|||||
|Transformation||||91,815|(100,870)|(9,055)|
|VCSE Leaders Network||||24,063|(12,669)|11,394|
|||||584,699|(580,546)|4,153|
|TOTAL FUNDS||||665,720|(659,317)|6,403|
##
##
##
|Comparatives
for|movement
in|funds|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted
funds|||||||
|General
fund|||73,057|58,907|(8,837)|123,127|
|Personnel|||40,174||7,024|47,198|
|Equipment|||5,000|||5,000|
||||118,231|58,907|(1,813)|175,325|
|Restricted funds|||||||
|Healthwatch|||28,670|25,059||53,729|
|Building Better Opportunities-|||||||
|Progress|||||||
|Building Better Opportunities-|||||||
|Accelerate|||(398)|398|||
|William
A Cadbury||||9,339||9,339|
|Henry Smith
Asylum,
Migration
and Integration
Community
Fund - Chat Central||Fund|15,673
6,878|(15,673)
(1,812)
8,636|1,813|1
15,514|
|Coventry 4 Good|||765|||765|
|CC4Y|||24,700|(24,700)|||
|VSCE Mental
Health Alliance||||28,030||28,030|
|Community
Mental|Health||||||
|Transformation||||12,692||12,692|
||||76,288|41,968|1,813|120,069|
|TOTAL FUNDS|||194,519|100,875||295,394|
##
##
|Comparative
net|m|ovement
in fun|ds,
included
in t|he above are as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General
fund||||76,101|(17,194)|58,907|
|Restricted funds|||||||
|Healthwatch||||261,000|(235,941)|25,059|
|Building
Better Opportunities-|||||||
|Progress||||20,896|(20,897)||
|Building Better Opportunities-|||||||
|Accelerate||||33,284|(32,886)|398|
|William
A Cadbury||||15,000|(5,661)|9,339|
|Henry Smith||||23,333|(39,006)|(15,673)|
|Asylum,
Migration|and Integration||Fund|85,445|(87,257)|(1,812)|
|Community
Fund|-|Chat Central||51,217|(42,581)|8,636|
|Heart of England||||7,914|(7,914)||
|CC4Y|||||(24,700)|(24,700)|
|VSCE Mental
Health Alliance||||99,880|(71,850)|28,030|
|Community
Mental||Health|||||
|Transformation||||41,910|(29,218)|12,692|
|||||639,879|(597,911)|41,968|
|TOTAL FUNDS||||715,980|(615,105)|100,875|
##
##
|A current year 12|months
and prio|r year 12|months
combin|ed
position
is a|s follows:||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.23|
|Unrestricted
funds|||||||
|General
fund|||73,057|61,157|(31,343)|102,871|
|Personnel|||40,174||8,853|49,027|
|Equipment|||5,000||(5,000)||
|Property|||||20,000|20,000|
||||118,231|61,157|(7,490)|171,898|
|Restricted funds|||||||
|Healthwatch|||28,670|34,949||63,619|
|Building Better Opportunities-|||||||
|Progress||||(1,117)|1,116||
|Building
Better Opportunities-|||||||
|Accelerate|||(398)|398|||
|William
A Cadbury||||1,523||1,523|
|Henry Smith|||15,673|(15,673)|||
|Asylum,
Migration|and Integration|Fund||(6,373)|6,374|1|
|Community
Fund - Chat Central|||6,878|16,931||23,809|
|Coventry 4 Good|||765|||765|
|CC4Y|||24,700|(24,700)|||
|VSCE Mental
Health Alliance||||25,152||25,152|
|Community
Mental|Health||||||
|Transformation||||3,637||3,637|
|VCSE Leaders Network||||11,394||11,394|
||||76,288|46,121|7,490|129,899|
|TOTAL FUNDS|||194,519|107,278||301,797|
##
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||E|||
|Unrestricted
funds|||||||
|General
fund||||157,122|(95,965)|61,157|
|Restricted funds|||||||
|Healthwatch||||522,000|(487,051)|34,949|
|Building Better Opportunities-|||||||
|Progress||||46,065|(47,182)|(1,117)|
|Building Better Opportunities-|||||||
|Accelerate||||75,825|(75,427)|398|
|William
A Cadbury||||15,000|(13,47?)|1,523|
|Henry Smith||||23,333|(39,006)|(15,673)|
|Asylum,
Migration
and Integration|||Fund|150,099|(156,472)|(6,373)|
|Community
Fund -|Chat Central|||126,6?4|(109,743)|16,931|
|Heart of England||||7,914|(7,914)||
|CC4Y|||||(24,700)|(24,700)|
|VSCE Mental
Health Alliance||||99,880|(74,728)|25,152|
|Community
Mental|Health||||||
|Transformation||||133,725|(130,088)|3,637|
|VCSE Leaders Network||||24,063|(12,669)|11,394|
|||||1,224,578|(1,178,457)|46,121|
|TOTAL FUNDS||||1,381,700|(1,274,422)|107,278|
|Personnel
- to fund|redundancy|situations.|||||
##
##
##
##
##
##
##
||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|
||for the year ended 31 March 2023|||
|||2023|2022|
|||F||
|INCOME AND ENDOWMENTS||||
|Donations
and|legacies|||
|Donations||1,500|1,000|
|Grants||4,000||
|||5,500|1,000|
|Investment
income||||
|Rents received||16,950|21,469|
|Deposit account|interest|2,080|264|
|||19,030|21,733|
|Charitable
activities||||
|Grants||634,169|691,143|
|Other income||||
|Other income||7,021|2,104|
|Total incoming|resources|665,720|715,980|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||319,581|335,559|
|Social security||24,003|21,353|
|Pensions||20,183|18,877|
|Telephone||1,473|1,585|
|Postage and stationery||266|418|
|Sundries||2,292|48|
|Staff travel||298|372|
|Staff training||110|316|
|Recruitment||3,517|4,157|
|IT support||288|22|
|Equipment
purchased||5,811|8,287|
|Publicity and PR||6,389|3,313|
|Venue hire and catering||10,166|5,558|
|Participant costs||2,364|1,679|
|Volunteer expenses||719|720|
|Sub contract and|commissioning|82,625|70,070|
|Printing
and photocopying||638|961|
|||480,723|473,295|
|Support costs||||
|Other||||
|Wages||68,612|50,422|
|Social security||4,609|4,211|
|Carried forward||73,221|54,633|
##
|||
for the year ended 31 March 2023|||
|---|---|---|---|---|
||||2023|2022|
||||F|F|
|Other|||||
|Brought forward
Pensions|||73,221
7,853|54,633
7,398|
|Rates and water|||3,729|4,409|
|Insurance|||6,648|3,599|
|Light and heat|||5,331|3,251|
|Telephone
Postage and stationery
Sundries|||1,982
376
2,111|1,401
1,027
1,102|
|Rent and service charges
Staff travel|||56,625
497|46,493
480|
|Staff training
Recruitment|||1,028|(288)
67|
|Cleaning
Printing
and photocopying
Publications
and subscriptions|||2,213
684
890|1,536
2,917
833|
|IT support
Bank charges
Repairs, maintenance
Computer
equipment|and leases||8,874
144
4,3?9|6,981
132
2,963
1,031|
||||176,585|139,965|
|Governance costs|||||
|Accountancy
and legal|fees||2,009|1,845|
|Total resources expended|||659,317|615,105|
|Net income|||6,403|100,875|