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2022-03-31-accounts

Page
Report ofthe Trustees
Independent
Examiner's		 Report
Statement
of Financial		 Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements 7 io 12
Detailed Statement of Financial Activities 13 to 14

2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes f 8
INCOME AND ENDOWMENTS
Donations
and legacies		 FROM 2 482,025 482,025 498,732
Charitable
activities
Sandwell
MBC Grant income
ELDC Grant income		 18,765
10,667		 18,765
10,667		 29,669
21,003
Other trading
activities
Investment
income
Other income		 34,168
2		 34,168
2		 7,718
9
5,802
Total 545,627 545,627 562,933
EXPENDITURE ON
Raising funds		 6 566,083 566,083 551,090
NET INCOME/(EXPENDITURE) (20,456) (20,456) 11,843
RECONCILIATION
OF FUNDS
Total funds brought
forward		 332,851 332,851 321,008
TOTAL FUNDS CARRIED FORWARD 312,395 312,395 332,851

2022 2021
Unrestricted Restricted Total Total
Notes fund
6		 fundf funds
6		 fundsf
FIXEDASSETS
Tangible assets 11 63,816 63,816 65,248
CURRENT ASSETS
Debtors
Cash at bank and in hand		 12 36,922
223,294		 36,922
223,294		 37,189
238,665
260,216 260,216 275,854
CREDITORS
Amounts
falling due within one year		 13 (11,637) (11,637) (8,251)
NET CURRENT ASSETS 248,579 248,579 267,603
TOTAL ASSETS LESS CURRENT LIABILITIES 312,395 312,395 332,851
NET ASSETS 312,395 312,395 332,851
FUNDS 14
Unrestricted
funds		 312,395 332,851
TOTALFUNDS 312,395 332,851

FO R THE YEAR ENDE D 31 MARCH 2022
Notes 2022f 2021
6
Cash flows from operating
activities
Cash generated
from operations		 1 (15,373) 23,954
Net cash (used in)/provided by operating activities (15,373) 23,954
Cash flows from investing activities
Interest received
Net cash provided
by investing
activities
Change
in cash and cash
the reporting
period		 equivalents in (15,371) 23,963
Cash and cash equivalents
beginning
ofthe reporting		 at the
period		 238,665 214,702
Cash and cash equivalents
the reporting
period		 at the end of 223,294 238,665

NOTES TO THE CASH F
FOR THE YEAR ENDED		 NOTES TO THE CASH F
FOR THE YEAR ENDED		 NOTES TO THE CASH F
FOR THE YEAR ENDED		 LOW ST
31 MA		 ATEMENT
RCH 2022
RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2022
f		 2021
f
Net (expenditure)/income
for the reporting
Statement of Financial Activities)		 period (as per the (20,456) 11,843
Adjustments
for:
Depreciation
charges		 1,432 1,432
Interest received (2) (9)
Decrease
in debtors		 267 9,248
Increase
in creditors		 3,386 1,440
Net cash (used in)/provided by operations (15,373) 23,954
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.21
f		 Cash flow
f		 At 31.3.22
f
Net cash
Cash at bank and
in		 hand 238,665 (15,371) 223,294
238,665 (15,371) 223,294
Total 238,665 (15,371) 223,294

OTHER TRADING ACTIVITIES
2022f 2021f
Shop income
Bungalow
income		 18,718
15,450		 5,958
1,760
34,168 7,718
4. INVESTMENT INCOME
2022 2021
f f
Deposit account interest 2 9
INCOME FROM CHARITABLE ACTIVITIES
Activity 2022f 2021f
Grants received Sandwell MBC Grant income 18,765 29,669
Grants received ELDC Grant income 10,667 21,003
29,432 50,672
6. RAISING FUNDS
Raising donations and legacies
2022f 2021
Staff costs 323,854 302,521
Support costs 223,516 224,964
547,370 527,485
Other trading activities
2022 2021f
Purchases 18,713 18,529
Supporlcosts 5,076
18,713 23,605
Aggregate
amounts		 566,083 551,090
7. SUPPORT COSTS
Governance
Management
f		 Finance
f		 Other
f		 costs
f		 Totals
f.
Raising donations
legacies		 and 213,803 197 4,392 5,124 223,516

STAFF COSTS
2022
E		 2021f
Wages and salaries
Social security costs
Other pension costs		 434,067
20,367
5,493		 416,866
18,042
5,558
459,927 440,466
The average
monthly		 number of employees during the year was as follows:
2022 2021
Administrative
and support staff		 45 45
No employees
received emoluments		 in excess of 660,000.
COMPARATIVES
FOR THE STATEMENT		 OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
F 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 498,732 498,732
Charitable
activities
Sandwell
MBC Grant		 income 29,669 29,669
ELDC Grant income 21,003 21,003
Other trading
activities
Investment
income		 7,718
9		 7,718
9
Other income 5,802 5,802
Total 562,933 562,933
EXPENDITURE ON
Raising funds 551,090 551,090
NET INCOME 11,843 11,843
RECONCILIATION
OF FUNDS
Total funds brought
forward		 321,008 321,008
TOTAL FUNDS CARRIED FORWARD 332,851 332,851

Freehold
property
f.
COST
At 1 April 2021 and 31 March 2022 71,692
DEPRECIATION
At 1 April 2021
Charge for year		 6,444
1,432
At 31 March 2022 7,876
NET BOOK VALUE
At 31 March 2022 63,816
At 31 March 2021 65,248
12. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
f		 2021
Outstanding
Prepayments		 contract income
and accrued income		 34,171
2,751		 34,438
2,751
36,922 37,189
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f f
Taxation and social security 9,407 5,483
Other creditors 2,230 2,768
11,637 8,251
14. MOVEMENT IN FUNDS
Net
movement At
At 1.4.21
f		 in funds
f		 31.3.22
f
Unrestricted funds
General
fund		 332,851 (20,456) 312,395
TOTAL FUNDS 332,851 (20,456) 312,395
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources
f.		 expended
f		 in funds
f
Unrestricted funds
General
fund		 545,627 (566,083) (20,456)
TOTAL FUNDS 545,627 (566,083) (20,456)

Comparatives for movem ent
in fu		 nds
Net
movement At
At 1.4.20
f		 in funds
f		 31.3.21
f
Unrestricted funds
General fund 321,008 11,843 332,851
TOTALFUNDS 321,008 11,843 332,851
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
f		 expended in funds
f
Unrestricted funds
General fund 562,933 (551,090) 11,843
TOTAL FUNDS 562,933 (551,090) 11,843
A current year 12months and prior year 12months combined position
is as follows:
Net
movement At
At 1.4.20 in funds 31.3.22
f f
Unrestricted funds
General fund 321,008 (8,613) 312,395
TOTALFUNDS 321,008 (8,613) 312,395
A current year 12 months and prior year 12 months combined net movement in funds,
included		 in the above a
as follows:
Incoming Resources Movement
resources
f		 expended in funds
f
Unrestricted funds
General fund 1,108,560 (1,117,173) (8,613)
TOTALFUNDS 1,108,560 (1,117,173) (8,613)

FOR THE YEAR ENDED 31 MARCH 2022
2022f 2021f
INCOIIIIE AND ENDOWMENTS
Donations
and legacies
Donations
and gifts
Local authority
I Direct
payments		 7,477
474,548		 1,552
497,180
482,025 498,732
Other trading
activities
Shop income
Bungalow
income		 18,718
15,450		 5,958
1,760
34,168 7,718
Investment
income
Deposit account interest
Charitable
activities
Grants received 29,432 50,672
Other income
Corornsvirus
job retention		 grants received 5,802
Total incoming
resources		 545,627 562,933
EXPENDITURE
Raising donations
and
Wages
Social security		 legacies 311,755
12,099		 292,443
10,078
323,854 302,521
Other trading activities
Shop expenses
Bungalow expenses		 7,608
11,105		 5,804
12,725
18,713 18,529
Support costs
Management
Wages
Social security
Pensions		 122,312
8,268
5,493		 124,423
7,964
5,558
Protective
clothing
Insurance		 858
7,783		 4,973
7,202
Travelling
Telephone
Postage and stationery
Contribution
to upkeep
Sundries		 of prem ises 35,721
2,960
2,562
20,790
2,560		 33,922
2,986
2,742
20,632
1,468
Consultancy
Training		 3,723
773		 3,723
213,803 215,593
Finance
Bank charges 197 325

FOR THE YEAR END ED 31 MARCH 2022
2022 2021
E E
Finance
Other
Care standard
expenses
Care attendants
expenses
Freehold
property		 1,969
991
1,432		 7,012
602
1,432
4,392 9,046
Governance costs
Accountancy 5,124 5,076
Total resources expended 566,083 551,090
Net (expenditure)/income (20,456) 11,843