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|Lord Mayor of Birmingham|
|---|
|Sir Reginald
Eyre|
|John Crabtree OBE, Lord Lieutenant,|
|West Midlands|
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||||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|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds||
|||Notes||||
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||||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|Activities||||||
|---|---|---|---|---|---|---|---|---|---|
||||||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|
##
|8.|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||
##
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|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|
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|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|
##
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|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||
##
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|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|