##
##
##
##
|||Page|
|---|---|---|
|Trustees' report|||
|Independent
auditors'|report on the financial statements|7-10|
|Statement offinancial|activities||
|Balance sheet||12|
|Statement ofcash flows||13|
|Notes to the tinancial|statements|14-26|
##
##
##
|Status||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The Organisation
is a charitable
company
limited
incorporated
on 28June 1989and registered
as
Memorandum
ofAssociation
which sets out the||||||||by guarantee
and not having a share capital,
a charity. The Company
was established
by its
objects and powers ofthe Charitable
Company.||||||
|Registered||Charity number||||||702019||||||
|Company|number|||||||2399075||||||
|Company|Secretary|||||||D Rogers||||||
|Trustees||||||||J Cleminson||||||
|||||||||TJohnson||||||
|||||||||Dr F McConnell|(appointed 23 November||||2020)|
|||||||||C McGinley||||||
|Pdincipal address|||and registered office|||||Unit E, Pinewood||||||
|||||||||Bell Heath Way||||||
|||||||||Woodgate Business||Park||||
|||||||||Birmingham||||||
|||||||||B323BZ||||||
|Auditors||||||||Cooper Parry Group||Limited||||
|||||||||Park View||||||
|||||||||One Central Boulevard||||||
|||||||||Blythe Valley Business Park||||||
|||||||||Solihull||||||
|||||||||B90BBG||||||
|Bankers||||||||Unity Trust Bank||||||
|||||||||Four Brindleyplace||||||
|||||||||Birmingham||||||
|||||||||B1 2JB||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||Note|6|||6|
|Income from:||||||
|Grants, donations
and legacies||201,469|159,286|360,755|192,176|
|Charitable
activities||414,727||414,727|603,075|
|Investments|||||19|
|Other income||257||257|1,461|
|Total income||616,453|159,286|775,739|796,731|
|Expenditure
on:||||||
|Charitable
activities||550,537|178,286|728,823|849,384|
|Total expenditure||550,537|178,286|728,823|849,384|
|Net movement
in funds||65,916|(19,000)|46,916|(52,653)|
|Reconciliation
offunds:||||||
|Total funds brought forward||123,510|931,000|1,054,510|1,107,163|
|Net movement
in funds||65,916|(19,000)|46,916|(52,653)|
|Total funds carried forward||189,426|912,000|1,101,426|1,054,510|
##
##
##
||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|
||FOR THE YEAR ENDED 31 MARCH 2021||||
||||2021|2020|
|||||8|
|Cash flows from operating|activities||||
|Net cash used in operating|activities||144,443|(7,665)|
|Cash flows from Investing|activities||||
|Dividends,
interests
and rents from investments||||19|
|Purchase oftangible fixed assets||||(4,059)|
|Net cash provided
by/(used
in) investing||activities||(4,040)|
|Cash flows from financing|activities||||
|Net cash provided
by financing
activities|||||
|Change
in cash end cash|equivalents
in|the year|144,443|(11,705)|
|Cash and cash equivalents|at the beginning|ofthe year|39,835|51,540|
|Cash and cash equivalents|at the end of|the year|184,278|39,835|
|The notes on pages 14to 26 form part ofthese financial statements|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||||6|6|F|
|Grants|||67,071|159,286|226,357|192,176|
|Coronavirus|job retention|scheme|134,398||134,398||
||||201,469|159,286|360,755|192,176|
|Total2020|||192,176||192,176||
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|||6|8|6|
|Income from charitable|activities|414,727|414,727|603,075|
|Total 2020||603,075|603,075||
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021
6|2021f|2020
6|
|Interest receivable|||19|
|Total 2020|19|||
##
##
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Total|Total|
|||directly|funds|funds|
|||2021f|2021f|2020|
|Wages and|salaries|596,637|596,637|730,330|
|Governance|costs|7,661|7,661|10,106|
|Other direct|costs|104,097|104,097|88,881|
|Depreciation||20,428|20,428|20,067|
|||728,823|728,823|849,384|
|Total 2020||849,384|849,384||
##
|Auditors'
remuneration||||||||
|---|---|---|---|---|---|---|---|
|||||||2021f|2020f|
|Fees payable to the Charitable
Charitable
Company's
annual||Company's
accounts||auditor|for the audit of the|6,672|9,152|
|Fees payable to the Charitable||Company's||auditor|in respect of:|||
|All non-audit
services not included|||above|||1,080||
|Staffcosts||||||||
|||||||2021f|2020f|
|Wages and salaries||||||557,155|689,697|
|Social security costs||||||31,491|31,365|
|Contribution
to defined|contribution||pension|schemes||7,991|9,267|
|||||||596,637|730,329|
##
##
##
||2021|2020|
|---|---|---|
||No.|No.|
|Operational|71|75|
##
##
##
##
##
|||Freehold|Fixtures and|Office||
|---|---|---|---|---|---|
|||property
f|fittmgs
6|eqmpment
f|Total|
||Cost or valuation|||||
||At 1 April 2020|950,000|133,689|4,059|1,087,748|
||Disposals||(132,039)||(132,039)|
||At 31 March 2021|950,000|1,650|4,059|955,709|
||Depreciation|||||
||At 1 April 2020|19,000|132,587|654|152,241|
||Charge for the year|19,000|413|1,017|20,430|
||On dispcsals||(132,039)||(132,039)|
||At 31 March 2021|38,000|961|1,671|40,632|
||Net book value|||||
||At 31 March 2021|912,000|689|2,388|915,077|
||At 31 March 2020|931,000|1,102|3,404|935,506|
|11.|Debtors|||||
|||||2021|2020|
|||||8||
||Due within one year|||||
||Trade debtors|||111,197|105,429|
||Other debtors|||481||
||Prepaymants
and accrued income|||30,543|19,197|
|||||142,221|124,626|
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||8|E|
|Trade creditors|||40,572|2,362|
|Other taxation|and social security||10,238|11,159|
|Accruals and deferred||income|89,340|31,936|
||||140,150|45,457|
##
##
##
##
|Statement
offunds
-current year|||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||31 INarch|
||April 2020
6|Income
6|Expenditure
f|2021|
|Unrestricted
funds|||||
|General Funds|123,510|616,453|(550,537)|189,426|
|Restricted funds|||||
|Freehold property- cost|280,729||(19,000)|261,729|
|Freehold
property - revaluation|650,271|||650,271|
|Greswolds
Park Road||87,608|(87,608)||
|Silver Birch Road||71,678|(71.678)||
||931,000|159,286|(178,286)|9'l2,000|
|Total offunds|1,054,510|775,739|(728,823)|1,101,426|
##
##
##
|Statement|offunds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31March|
|||1 April 2919
6|Income
f|Expenditure
6|2020
6|
|Unrestricted|funds|||||
|Unrestricted|funds|157,161|604,555|(638,206)|123,510|
|Restricted|funds|||||
|Day Centre|||32,890|(32,890)||
|Greswolde|Park Road||87,608|(87,608)||
|Silver Birch|Road||71,679|(71,679)||
|Freehold
property -cost||299,729||(19,000)|280,729|
|Freehold property - revaluation||650,271|||650,271|
|||950,000|192,177|(211,177)|931,000|
|Total offunds||1,107,161|796,732|(849,383)|1,054,510|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Analysis ofn|et ass|ets|betwe|en f|unds|- c|una|nt|year|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted||Restricted|Total|
||||||||||||funds|funds|funds|
||||||||||||2021|2021|2021|
||||||||||||6|6|6|
|Tangible fixed|assets||||||||||3,077|912,000|915,077|
|Current assets|||||||||||326,499||326,499|
|Creditors due within||one year|||||||||(140,150)||(140,150)|
|Total|||||||||||189,426|912,000|1,101,426|
|Analysis ofnet assets|||between funds|||- prior year||||||||
|||||||||||Unrestricted||Restricted|Total|
||||||||||||funds|funds|funds|
||||||||||||2020|2020|2020|
||||||||||||2|6|6|
|Tangible fixed|assets||||||||||4,506|931,000|935,506|
|Current assets|||||||||||164,461||164,461|
|Creditors due|within|one year|||||||||(45,457)||(45,457)|
|Total|||||||||||123,510|931,000|1,054,510|
|Reconciliation ofnet movement|||||in funds||to|net|cash flow|from operating||activities||
|||||||||||||2021|2020|
||||||||||||||E|
|Net
income/expenditure|||for|the|year|(as||per|Statement|of|Financial|||
|Activities)||||||||||||46,916|(52,653)|
|Adjustments|for:|||||||||||||
|Depreciation
charges||||||||||||20,430|20,067|
|Dividends,
interests||and|rents|from investments|||||||||(19)|
|Decrease/(increase)||in debtors||||||||||(17,595)|21,402|
|Increase in creditors||||||||||||94,692|3,538|
|Net cash provided||by/(used||in) operating|||activities|||||144,443|(7,665)|
##
##
##
##
##
##
##
##