2022-03-31-accounts - The Birmingham Settlement

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					Pages
Trustees' Report					3-17
Independent	Report ofthe Auditors				18-20
Consolidated	Statement of Financial		Activities
Consolidated	Summary	Income and	Expenditure	Account
Consolidated	Balance	Sheet			23
Charitable Company Balance Sheet
Consolidated	Cashflow	Statement			25
Notes to the	Finandal	Statement			26- 42

For the year ended	3l March	2022
						Permanent	Total	Total
				Unrestricted	Restricted	Endowment	funds	funds
		Note		funds f	funds f	fundsf	2022f	2021f
Incoming resources
Voluntary income
Donations, legacies and gitts				118,316	343,340		461,656	43'i,'i54
Income from other	trading activities
Charity shops income				205+78			205,378	33,724
Investment income				33,674	2,641		36,315	87,527
Incoming resources	from
charitable activities
Grants and contract income				674,002	590,149		1,264,151	1,12'i,029
Other income				51,439	522		51,961	186,203
Total incoming resources				1,082,809	936,652		2,019,461	1,865,937
Resources expended
Cost ofgenerating	funds
Costs ofgenerating	voluntary	income
Fundraising and publicity costs		7		(50,846)			(50,846)	{44,1.68)
Charity shop costs		7		{243,.437)			(243,437)	(167,416)
Charitable activities
Advice and advocacy				(106,462)	{517,181)		(623,643)	(677,280)
Community Action				(975,516)	(39,544)		(1,015,060)	(701,911)
Governance costs				(22,492)			(22,492)	{22,433)
Total charitable expenditure				(1,398,753)	(556,725)		(1,955,478)	(1,613,208)
Net (losses)/gains on	revaluation	of investments	11	85,457		96,4i.6	181,873	650,353
Net (losses)/gains on	revaluation	offixed assets	10
Gross transfer between funds
Net movement in funds				(230,487)	379,927	96,416	245,856	903,082
Fund balances brought forward at 1April			202i	1,251,586	283,918	1,430,358	2,965,862	2,062,780
Fund balances carried forward 31March 2022		at		1,021,099	663,845	1,526,774	3,211,718	2,965,862

		2022f	2021f
Turnover		2,008,628	1,858,120
Operating	costs	(1,955,478)	(1,613,208)
Operating	surplus/(deficit)	53,150	244,912
Interest receivable and similar income		10,833	7,80
Net income forthe year		63,983	252,729

					Notes	2022	2021
Net cash outflow from operating			activities			410,239	277,806
Returns on investments	and servicing offinance
Interest received						22	70
Dividends received
Capital expenditure and	financial		investment
Purchase oftangible fixed assets Purchase ofshares						(239,433)	(241,303)
Acquisitions
Net cash acquired with subsidiary		undertaking
Decrease in cash						170,828	36,572
Reconciliation ofnet cashflow to			movement	in net funds
Increase/(Decrease) in cash	in the period				25	170,828	36,572
Net funds at 1 Apri! 2021						323,940	287,368
Net funds at31March 2022					25	494,768	323,940

					Unrestr ictedf	Restrictedf	2022f	2021f
Bank interest					22		22	70
Income from lettings					8,170		8,170	5,428
Investment and other income					25,482	2,641	28,123	82,029
					33,674	2,641	36,315	87,527
Grants and contract income
					Unrestrictedf	Restrictedf	2022	2021f
Money Advice Service					364,458		364,458	344,725
Neighbourhood Network Scheme					129,720	81,530	211,25Q	172,973
Aston 8t. Nechells Foodbank	Money Advice					10,320	10,320
BCC (LEAS)					65,000		65,000	97,500
Prevention Communities						81,500	81,500	81,500
Staffs and West Midlands CRC					76,141		76,141	43,374
Early Help						331,609	331,609	162,420
Veolia Trust						37,500	37,500	37,500
Big Lottery Reaching Communities								103,436
Household Support Fund						900	900
CAF Resilience Fund Phase	2					46,790	46,790
Kickstarter Scheme					31,074		31,074
BTU					7,609		7,6Q9	5,898
Power To Change —Covid-19 Trading Income Comic Relief5Department For Digital, Culture,			Support Media 5					25,000
Support —Covid-19 Recovery Fund								26,372
The National Lottery Community		Fund —Coronavirus		Community
Support Fund								23,331
					67 l,002	590,149	1,26'l, 151	1,124,029

For	the year ended	31	March 2022
6	Other income
						Unrestrictedf		Restrictedf			2022f	2029.f
	Furlough grant	monies					6,858				6,858	141,203
	8CC —Kingstanding		leaseback	agreement			45,000				45,000
	Sundry income						(419)		522		103	45(000
							51,439		522		51(961	186,203
7	Total resources		expended
				Yoluntary	Charity	Advice R	Community		Governance		Total	Total
				Incomef	Shops E	Advocacy E	Action E			E	2022 E	2021 E
	Costs directly
	allocated to
	activities
	Staff costs			17,023	96,214	374,630	475,981				963,848	825,687
	Direct project costs			23,861	24,132	29,328	260,511				337,832	361676
	Site costs				66,785	438					67,223	50,666
	Support costs
	allocated to
	activities
	Staff costs	Direct staff costs		41351	24,589	95,743	121,651		14,492		260,826	187,982
	Site costs	D!rectstaff costs		3,516	19,873	77,379	98,313				199,081	78,053
	Informs hon
	Technology	Direct staff costs		918	5,191	20,214	25,682				52,005	36,507
	Other Costs	Direct staff costs		1,177	6,653	25,911	32,922		8,000		74,663	72,637
				50,846	2 l3 l37	623(643	1(015	060	22	492	1955(478	1613(208

8	Staffcosts including	Staffcosts including	shop	shop	staff	staff
														2022	2021
														f.	E
	Wages and salaries													1,106,170	907,661
	Socia!security costs													83,009	64,127
	Pension costs													48/364	39,302
	Life insurance													3,964	2,579
														1,241,507	1,013,669
	No employee received		remuneration					in	excess of		f60,000.
	No trustee received	any remuneration.							No trustees (2020:			Nil) were reimbursed	for travelling	expenses to attend meetings
	at the offices of the	charitable			company.
	The average number	ofemployees					during			the year by function was
														2022	2021
														No	No
	Advice and Advocacy													14	14
	Community Action													15	12
	Fundraising and shops													8	7
	Management, administration				and	support								14	7
														51
	There were on average		70	{2021:56)volunteers							working	part time each week.
9	Net outgoing resources
	The following items	are included				in	arriving at net				outgoing	resources
														2022	2021
	Expenditure
	Depreciation and amounts			written off on disposal											1,205
	(Profit)/Loss on disposal offixed					assets
	Auditors —for group	audit services					in	the current			year			8,000	8,000
	Operating leases
	Land and buildings													73/315	63,594
	Other

10	Tangible Fixed Assets
				Short life	Fixtures, fittings
		Freehold		Leasehold	motor vehicles
(a)	Group	Land	Pavilion	property	and computers	Total
		E	E	E	E
	Cost
	1 April 2021	70,000	241,303	49,803	343,070	704,176
	Addibons		239,433			239,433
	Revaluations
	31 March 2022	70,000	480,736	49,803	343,070	943,609
	Depreciation
	1 April 2021			48,910	308,963	357,873
	Charge for the year
	31 March 2022			'l8,910	308,963	357,873
	Net book value
	31 March 2022	70,000	480,736	893	34,107	585,736
	31 March 2021	70,000	241,303	893	34,1.07	346,303

Fixed asset investments
			Freehold
			Investment	Subsidiary
	Listed	Unlisted	property	undertakingf	Total E
Group
Cost or valuation
1April 2021	1,859,834		340,000		2,199,834
Additions
Revaluation	181,873				181,873
31 March 2022	2/041,707		340,000		2,381,707
Company
Cost or valuation
1 April 2021	895,128				895,128
Transfers
Disposais
Revaluation	88,718				88,718
31March 2022	983,846				983,846

Debtors
					Group		Company
					2022 E	2021 E	2022 E	2021 f
Trade debtors					60,080	285,956	60,080	285,956
Prepayrnents					54,386	42,531	54,386	42,531
Other debtors					18,080		18,080
Accrued income					16,250		16,250
					148,796	328,487	148,796	328,487
Creditors: amounts			falling due within one year
					Group		Company
					2022	2021	2022	2021
					E	E	E	E
Other creditors					138,421,	150,313	138,421	218,483
Accruals					28I197	18,937	28,197	18,937
Deferred income (note 15)					237,389	68,170	237,389
					404,007	237,420	404,007	237,420
Deferred income
Dererred incoming		resources		are made up as follows:
						2022
						E
As at 1April 2021						68,170
Incoming resources		deferred		in the current year		438,294
Less: amounts	released					(269,075)
As at31 March	2022					237,389

For t	he year ended 31 iviarch	he year ended 31 iviarch	he year ended 31 iviarch	2022
16	Permanent endowment			funds
	Company
					2022	2021f
	Endowed	assets			125,652	125,652-
	Reserves	brought	forward		125,652
	Transfers					125,652
	Gains/(Losses) on revaluation				3,261
	Reserves	carried forward			128,913	125,652
	Group
					2022f	2023.f
	Endowed	assets			1,526,774	1,430,358
	Reserves	brought	forward		1,430,358	1,079,098
	Gains/(Losses) on reva iuation				96,416	351,260
	Reserves	carried forward			1,526,774	1,430,358

and the una	mortised b	alance ofgrant	s and donations to	fund the purchas	es oftangible fixed	assets and fu	ture expenditure.
			Balance at 31March 2021f	Incoming resourcesf	Expenditure	Transfers f	Balance at 31March 2022 f
Revenue
Advice and	Advocacy		10,208	654,383	(517,181)		147,410
Community	Actton		264,237	279,628	(39,544)		504821
Capital
Computers
Shop improvements
Graham Street Charity			9,473	2,641			12,114
Total for company			283,918	936,652	(556,725)		663,845
Subsidiary	charities
Birmingham	Tribunal	Unit (note 20)
Total for	group		283,918	936,652	(556,725)		663,845

		Unrestricted	Restricted	Endowment	Total
		fundsf	funds f	funds f	fundsf
Tangible fixed assets Investments		515,736 924,933		70,000 1,456,774	585,736 2,381,707
Current	assets	225,739	422,543		648,282
Current	liabilities	(404,007) .			(404,007)
		1,262,401	422,543	1,526,774	3,211,718

				Birmingham
				Settlement
		Contingency	Designated	owned	Revenue
		Reserve f	reserves f	buildingsf	reservef	Totalf
Group
At 1 April 2021		700,000	300,000	241,302	10,284	1,251,586
Transfer between	funds	70,000	(300,000)		230,000
Surplus/(Deficit)	in year				(230,487)	(230,487)
At 31March 2022		770,000		241,302	9,797	1,021,099

				Balance at March 2021 f	Transfers
Group
Transition	funding	to	generate
sustainable	income			300,000	(300,000)
				200,000	(300,000)

accounts ofTh	e Birmingham S	ettlemen	t.
			Birmingham	Settlement	The Graham Street Charity Fund
			Properties
			Endowed	Unrestrictedf	Endowed E	Restricted	Unrestricted E
Incoming Resources
Charitable Expenditure
Net Incoming	Resources
Net gains/(loss)	on revaluation	of
investment assets			93,155
Funds brought	forward		1,304,706
Funds carried	forward		1,397,861

Annual	commitments of the group and charitabl	e company in respect of operating	leases are as fo	llows:
		Land and	buildings	Office equipment
Leases expiring:		2022	2021	2022 f	2021
within	one year	21,150	21,150
in two	to five years	92,333	130,333
in more than five years
		113,483	151,483

from operating a	ctivi	ties
				2022	2021
				E
Net (outgolng)/lncoming		resources	before revaluation	63,983	252,729
Depreciation					1,205
Interest receivable	and	similar!ncome		(22)	(70)
Dividends received
Decrease/(Increase)	in	stock
Decrease/(Increase)	in	debtors		179,691	(88,570)
(Decrease)/Increase	in	creditors		166,587	112,511
Net cash inflow from		operating	activities	410,239	277,805