2022-03-31-accounts - Birmingham Rathbone Society

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Lord Mayor of Birmingham
Sir Reginald Eyre
John Crabtree OBE, Lord Lieutenant,
West Midlands

			Unrestricted	Restricted
			Funds	Funds	Total	Total
		Notes	2022	2022	2022	2021
			E	E	E	E
Income:
Donations and legacies			2,064	33,359	35,423	18,271
Charitable Activities:
Housing and Supported	Living	4	1,851,515		1,851,515	1,833,424
Training and Education
Grant for Crisis Support				44,678	44,678	102,709
investment income			5,343		5,343	5,797
Other			213		213
Total Income			1,859,135	78,037	1,937,172	1,960,201
Expenditure on:
Raising Funds
Charitable Activities:
Housing and Supported	Living		1,699,581		1,699,581	1,646,158
Crisis Support				61,702	61,702	91,535
Other grant				33,359	33,359	17,461
Total Expenditure		6	1,699,581	95,061	1,794,642	1,755,154
Net gains/losses on Investments
Net income/(expenditure)			159,554	(17,024)	142,530	205,047
Transfers between funds
Net Movement in Funds			159,554	(17,024)	142,530	205,047
Reconciliation offunds:
Total Funds Brought Forward			2,458,588	56,117	2,514,705	2,309,658
TOTAL FUNDS CARRIED FORWARD			2,61&,142	39,093	2,657,235	2,514,705

BALANCE SHEET AS AT 31 MARCH 2022	BALANCE SHEET AS AT 31 MARCH 2022
		Notes	2022	2021
				K
Fixed assets:
Tangible assets		11	672,392	716,973
Investments		12	4	4
Total Fixed Assets			672,396	716,977
Current assets:
Debtors		13	136,385	1&1,819
Cash at bank and in	hand		1,988,807	1,735,597
Total Current Assets			2,125,192	1,917,416
Creditors: amounts	falling due within one year		(140,352)	(119,687)
Net current assets			1,984,840	1,797,729
Total assets less current liabilities			2,657,235	2,514,705
Creditors: amounts	falling due after more
than one year
Net Assets		21	2,657,235	2,514,705
Charity Funds:
Unrestricted Funds		21	2,618,142	2,45&,588
Restricted Income Funds		21	39,093	56,117
			2,657,235	2,514,705

			Notes	2022	2021
				E	E
Cash flows from operating	activities:
Net cash provided by (used in) operating		activities	23	253,676	303,444
Cash flows from investing	activities:
Dividends, interest and rents from investments				5,343	5,797
Proceeds from the sale of	property, plant	and equipment
Purchase of property, plant and equipment				(5,810)	(6,515)
Net cash provided by (used in) investing		activities		(467)	(718)
Cash flows from financing	activities:
Change in cash and cash equivalents in the year
Cash and cash equivalents	at 1 April			1,735,597	1,432,871
Cash and cash equivalents	at 31March			1,988,807	1,735,597
Cash and cash equivalents	consists of
Cash at Bank and in Hand	at 31 March			1,988,807	1,735,597

			Unrestricted	Restricted	Total
			Funds	Funds
		Notes
			2021	2021	2021
			E	E
Income:
Donations and legacies			810	17,461	18,271
Charitable Activities:
Housing and Supported	Living		1,833,424		1,833,424
Grant for Crisis Support				102,709	102,709
investment income			5,797		5,797
Other
Total income			1,840,031	120,170	1,960,201
Expenditure on:
Charitable Activities:
Housing and Supported	Living		1,646,158		1,646,158
Crisis Support				91,535	91,535
Other Grant				17,461	17461
Total Expenditure			1,646,158	108,996	1,755,154
Net income/(expenditure)			193,873	11,174	205,047
Transfers between funds
Net Movement in Funds			193,873	11,174	205,047
Reconciliation offunds:
Total Funds Brought Forward			2,264,715	44,943	2,309,658
TOTAL FUNDS CARRIED FORWARD			2,458,588	56,117	2,514,705

NOTES TO THE	NOTES TO THE	FINANCIAL	STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022	STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022	STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022	STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022	STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
3.Donations							2022	2021
							E	E
Unrestricted		Donations					2,064	810
Restricted		Income: Covid Related Grant					33,359	17,461
There were	no donations		from Trustees during the year			{2021ENil).
4. Income from charitable			activities
							2022	2021
							E	E
Unrestricted		Income:
Housing and		Supported	Living:
B'ham City Council Supporting				People			726,772	731,433
Income from		Housing					553,684	563,657
Sandwell MBCICity of Birmingham							517,313	489,894
Social Care		and Health
Birmingham		City Council	ESFfunded		PURE project		53,747	48,435
Other income								5
							1,851,515	1,833,424
Restricted Income:
Rebuild My Life Crisis Support				funded	by the Community	Fund	44,678	102,709
							44,678	102,709
5. Investment	Income						2022	2021
							E	E
Bank Interest							5,343	5,797

6. Expenditure	6. Expenditure	on Charitable	on Charitable
				Direct	Other	Allocated	Total	Total
				Staff	Direct	Support
				Costs	Costs	Costs
				2022	2022	2022	2022	2021
				E	E	E	E
Charitable	Activities:
Housing	and Supported		Living	1,000,063	500,887	198,631	1,699,581	1,646,158
Rebuild	My Life Crisis		Support	47,274	11,261	3,167	61,702	91,535
Other Grants				33,359			33,359	17,461
Total Resources		Expended		1,080,695	512,148	201,798	1,794,642	1,755,154

7. Support	Costs				2022	2021
					E	E
Staff Costs (management,		finance,	IT, personnel,	quality	146,981	161,268
and administration)
Head Office	Premises Costs				4,645	4,253
Administration	and Overheads				41,232	23,110
Governance	Fees				8,940	9,240
					201,798	197,871

Net income		2022	2021
		E	E,
Net Income is stated after charging:
Depreciation ofassets		50,391	48,153
Profit on disposal of fixed assets
Operating lease rentals:
Hire of equipment
Land and buildings		52,741	52,741
Auditors' remuneration:
Audit services		8,940	9,240
Trustees' remuneration	and expenses

The average number	and full	and full	time equivalent	persons	2022	2022	2021	2021
employed during the	year was:				No	FTE	No	FTE
Housing and Supported		Living			41	36	45	38
General Administration		and Finance			4	3	4	3
					45	39	49	41
Staff Costs						2022		2021
								E
Wages and salaries					1,071,190		1,084,614
Social security costs						92,751		89,607
Employer's contribution		to defined contribution		pension schemes		59,676		60,483
Redundancy and termination			costs			4,059
					1,227,676		1,234,704

Costs ofKey	Management Personnel	Management Personnel	Management Personnel
For employees	earning over E60,000 per annum
excluding pension contributions:				2022	2021
				No	No
E70,001 - E80,000
				2022	2021
				E	E
Total amounts	paid to Defined Contribution		Schemes	4,939	4,837
				2022	2021
				No	No
Staff to whom	retirement	benefits are accruing
under Defined	Contribution	Schemes

NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	FOR THE YEAR ENDED 31	MARCH 2022
11.Tangible Fixed Assets		Office
		Equipment	Freehold
		Fixtures	Land R
		8:Fittings	Buildings	Total
		E	E	E
Cost
At 1 April 2021		261,266	815,783	1,077,049
Additions		5,810		5,810
Disposals
At 31 March	2022	26?,076	815,783	1,082,859
Accumulated	Depreciation
At 1 April 2021		194,500	165,576	360,076
Charge for year		21,255	29,136	50,391
Disposals
At 31March	2022	215,755	194,712	410,467
Net Book Value
At 31March	2022	51,321	621,0?0	672,392
At 31March	2021	66,766	650,206	716,973

12.	Investments	Investments										2022	2021
	Investment		in	wholly owned				Subsidiaries				E	E
	Cost
	2 Ordinary		shares in		Rathbone			Europe	Limited
	2 Ordinary		shares in		Rathbone			West Midlands			Ltd
	Name								Activity		of Subsidiary	Capital and	Reserves
												2022	2021
												E	E
	Rathbone	West		Midlands		Ltd				Dormant
	Rathbone	Europe Limited								Dormant
13.	Debtors											2022	2021
												E
	Trade debtors											85,497	137,601
	Prepayments		and Accrued				Income					48,059	42,366
	Other debtors											2,828	1,852
												136,385	181,819
14.	Creditors:	amounts			falling		due within one			year		2022	2021
												E
	Trade creditors											59,374	43,394
	Other taxation			6,social security costs								23,689	24,065
	Accruals											40,700	41,009
	Deferred	Income (note 15)										16,58&	11,219
												140,352	119,687

15.Deferred Income				2022	2021
				E	E
At 1 April
Income received	for services to be provided		in the following
financial year:
Rental Income				4,230	5,846
Housing and Supported		living		12,357	5,373
Income received	in prior	years released for	services provided
in the current financial year:
Rental Income
Housing and Supported		living
At 31 March				16,588	11,219

Total future minimum operating lease payments under non-c follows:	ancellable operating leases	are as
	2022	2021
		E
Not later than one year	52,741	52,741
Later than one and not later than five years	37,755	90,496
	90,496	143,237

Analysis of Funds	Analysis of Funds	Unrestricted	Restricted	Total	Total
		2022	2022	2022	2021
		E	E	E	E
Representation	of Fund Balances
Tangible Assets		672,396		672,396	716,977
Cash at Bank and	in Hand	1,946,867	41,940	1,988,807	1,735,597
Net Current Assets/(liabilities)		(1,121)	(2,847)	(3,968)	62,132
Total Net Assets		2,618,142	39,093	2,657,235	2,514,705

Analysis of Funds	(continued)
		1 April	Income	Expend-	Transfer	31 March
		2021		iture	Funds		2022
Restricted Funds:		E,		E	E		E
Thursday Club		389					389
Donations for Cromer Road		32,938					32,938
Development
Umberslade Road Centre Funding		5,766					5,766
RML funded by The National
Lottery Community	Fund	17,024	44,678	(61,702)
Covid 19Business	Grant		33,359	(33,359)
Other sundry restricted donations
Total Restricted Funds		56,117	78,037	(95,061)			39,093
Unrestricted Funds	- general	1,708,588	1,859,135	(1,699,581)		1,868,142
Unrestricted Funds	- designated	750,000					750,000
Total Funds		2,514,705	1,937,172	(1,794,642)		2,657,235

NOTES TO THE FINANCIAL STATDJlENTS FOR THE	NOTES TO THE FINANCIAL STATDJlENTS FOR THE	NOTES TO THE FINANCIAL STATDJlENTS FOR THE	YEAR ENDED 31 iIJlARCH 2022
23. Reconciliation ofnet income/(expenditure)			to net cash flow from operating	activities
			2022	2021
			E	E
Net incomel(expenditure) for the reporting		period	142,530	205,047
(asper the statement offinancial activities)
Adjustments for:
Depreciation charges			50,391	48,153
Dividends, interest and rents from investments			(5,343)	(5,797}
Decrease in debtors			45,434	55,143
Increase in creditors			20,665	898
Net cash provided by (used in) operating	activities		253,676	303,444