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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|
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|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|
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||||||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|
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||||||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|
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|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|
##
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##
|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|
##
|||||31|Balance at
March 2021
f|Incoming
resources
f|Expenditure
f|Transfers|Balance at
31March 2022
f|
|---|---|---|---|---|---|---|---|---|---|
|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|||||
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|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|
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