REGISTERED COMPANY NUIABER: 02588106 (England and Wale51 RECERED CHARITY NUAIBER: 1006360 REPORT OF THE TRu¥fEES AND AUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR BRICK BY BRICK LONDOM HOIAE AcfiviTr GROUP Able & Younq Llmlted Chartered Certlfled Accountants And Registered Audltors Airport House, PurLey way Croydon England CRO OXZ
BRICK BY BRICK LONDON HOAIE ACTivrrY GROUP CIYITENTS OF THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 Page Rèport of the Trustees Roport of the Independent Audltors 5 to 7 Statement of Flnanclal Actlvltles Balance Sheet Notes to the Flnanclal Statem•nts 10 to 16 Detalled Statèment of Flnanclal Actlvftles 17 to 18
BRICK BY BRICK LONDOH HOME ACTIVITY GROUP REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The tNstees who are also directors of the charlty for the purposes of the Companles Act 21YJ6, present their report with the financial 5taternents of the charlty for the year ended 31 December 2023. The trustees have adopted the provisions of Accountlng and Reportlng by Charities: Statement of Recommended Practice applicable to charitles preparing their accounts In accordance wlth the Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS 1021 Ilssued on 2 Ottober 20191. OBJECTNES AND AcrivrriES ObJéctlv8s and alms for the publlc beneflt The charltys object5 and prlnclpal activltles cont1nue 10 be to relieve homeless people in need by provfdlng pemianent accommodatlon along with any necessary asslstance and supwrt. The policy is to purchase, convert, equlp and rent approprfate propertie5 to provlde accommodation for homeless people in the capltal. The charity contlnue5 to explore new ways of Improvlng the conditions of homeless Indlvlduals. The trustee5 confirm that they have referred to the 8uldance contained in the Charity Commission 5 general guidance on public benefit when revlewing the Trusl's alms and objectlves and In plannlng future actlvities and settlnB the grant maklng pollcy. ACHIEVEIAENT AND PERFORMANCE Charltable actlvltles - how the actlvltles have dellvered publlc beneflt The charity reported an overall deflclt of GBP £42B73 and a pre-depreclatlon surplus of £25. 587 GBP. The charlty has further l)ullt on our relatlonship with the local counc11s adding 2 ThKJre flats to the number rented out dlrectly to them. We continue wlth our pollcy of ensuring all our rented accomodation Is to an acceptable standard and In Late 2023 sou8ht out companles to quote far the major repalr5 to the front elevatlon of our building at Queens Road. The work 15 estlmated to cost clrca GBP 30,CilO and commenced In the 2nd quarier of 2023. There has been no change in staffing Structure or trustee status durfng the year 2023. As alway5 the charitys aimls to provlde affordable housing to those need it. FINANCIAL REVIEW Accounts revlew The Statement of Flnanclal Actlvltles shows a Net deficli for the year GBP 42,873 and the total reserves stand at £4,242,037. Investment pollcy and objectlves Under the memorandum and articles of assoclation, the chanty has the power to make any investment whlch the tmstee5 See flt. The trLJ5tees have consldered the most appropriale pollcy for investlng funds and have found that treasury reserve deposlts meet Ihelr requirements to generate Income pendln8 Ihe requirement to expend funds on the purchase and development of properties. Reserves pollcy The present level of fundlnq is adequate to support the contlnuatlon of the four propertle5 now In operation for the medlum term. and the trustees con51der the flnancial p051tlon of the charlty to be satlsfactory. Plans to develop further accOMndatlon are Ilkely to requlre further fundlng. The charlty holds more than 12 months expendlture in net current assets. FUTURE PLANS Our aim Is to provide affordable housing to those who most need it. The Charity wlll continue the search for new propertles to add to our portfollo with a vlew to increaslng the a551stance we can provide to Brltain'5 homeles5. Page 1
BRICK BY BRICK LONDON HOME ACTIVITY GROUP REPORT OF THE TRLISTEES FOR THE YEAR ENDED 31 DECEMBER 2023 srRUCTURE, GOVERNANCE AND MANAGEMEKr Governln8 (kjcument The organlsation 15 a charltable company Ilmlted by guarantee, Incorporated on 4 March 1991 and re815tered as a charity on 27 November 1991. The company was establlshed under a Memorandum of A551Xlation which established the objects and powers of the charltable company and 15 governed under its Artlcle5 Of AssociatTon. In the event of the company belng wound up member5 are required to contribute an amouni not exceeding Cl. Recrultment and appolntment of new trustees The dlrectors ol the company are also charity trustees for the purwses of charity law and are appointed under the company s Artlcles of A550clatlon. Due to the nature of the charitls work In rellevlng homeless people In need by providing permanent accornmodation along wth necessary a5515tance and support, much of the charitls work focu5es on obtaining and developing site5 to provlde accommodatlon for the homeless. Organlsatlonal Structure The charity 15 organlsed so that the trustees meet regularly to manage Its affalrs. The staffin8 team conslsts of a CEO, Development Manager and an Operations Manager. Inductlon Jnd tralnlnq of new trustees The truslees are already famlllar with the practlcal work of the charlty. Addltlonally, new trustees are induced and tralned by exlsrlng trustees to famlllarise thernselves wlth the charity and context within wh1ch It operates and covers: The obli8atlons of Trustees and Dlrectors. . The maln docurnents whlch set out the operatlonal framework for the charfty Includlng Memorandum and Artlcles. Resourcing and the current financlal posltion as set out In the latest publlshed accounts. Future plans and objectlve5. New trustees are introduced to varlous Charlty Commlsslon publlcations si8nposted through the Commlsslon's qulde the Es5entlal Trustee Th15 is distrfbuted to all new tru5tee5 along with the Memorandum and Artlcles and latest financlal StatentS. REFERENCE AND ADIAINISTRATIVE DEfAILS Re815tered Company number 02588106 (England and Wales} Roglstered Charlty nurnber I360 Reg15tered offlce 388 Old Kent Road London SE15AA Trustees J E Shlllingford Ursula Mclaughln Jim Morse IAppolnted on 16.11.2023) Vlctoria Shllllngford{Reslgned on 16.11.20231 Company Secretary A Gravensteln Paqe 2
BRICK BY BRICK LONDON HOME A1VITy GROUP REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINIRATIVE DEfAILS Audltors Able & Young Limited Chartered Certified Accountants And Registered Auditors Airport House, Purley Way, Croydon, England CRO OXZ Sollcftors Haiold Benjamin Hlll House 67.71 Lowlands Road Harrow, Middle5ex HA13EQ Bankèrs Natwest PIC 169 Vlctorla Street London SW1E 5BT These detalls are shown on the compary informatlon sheet. STATEMEKf OF TRusfEES' RESPONSIBILITIES The tmstees (who are also the dlrectors of Brick by Brick London Home Actlvlty Group for the purposes of company lawl are responsible for preparlng the Report of the Trustees and the flnanclal statements in accordance vrith appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practice). Company law requires the trustees to prepare flnancial statement5 for each flnanclal year which give J true and falr view of the state of affalrs of the charltable company and of the Incomlng reSrCeS and appllcation of resources, Includlng the income and expendlture, of the charltable company for that perlod. In preparln4 those financlal statements, the trustees are required to select sultable accountinq wllcles and then apply them conslstently. observe the meth¢)ds and prlnclples in the Charity SORP. make judgements and estlmates that are reasonable and prudent, Prepare the financlal 5tatemeDt5 on the golng concern basls unless It fs Inapproprlate to presume that the charliable company will contlnue in buslness. The trustee5 are re5pon51ble for keeplng proper accountln8 records which disc105e with reasonable accuracy at any time the flnancial posltion of the charitable company and to enable them to enyjre that the financlal statements comply wth the Companles Act 2006. They are a150 responsible for Safeguarding the assets of the charltable company and hence for taking reasonable steps for the preventlon and detectlon of fraud and other irreguLirities. In 50 far as the Irustees are aware: there Is no relevant aud?t Information of which the charitable compantys auditors are unaware. and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit Informatlon and to establish that the audltors are aware of that informatlon. AUDITORS The audltors, Able and Youn8 Ltd, will be proposed for re.appointment at the forthcoming Annual General Meetlng. Page 3
FOR THE YEAR ENDED 31 DECEMBER 2023 Th15 rèport has been prepared In Ordance wlth the 5peclal of Part 15 of the Ctynpanfes Act 21JJ6 relatln8 to small comppnltss. by order of the board ol (rustees on >yh AwJu5t 2024 and s5gned Its behalf by: J E Sh1111ngford . Trustee
REPORT OF THE INDEPENDETr AUDITORS TO THE MEMBER5 OF BRICK BY BRICK LONDON HOME ACTMTY GROUP Opfnlon We have audited the financlal statements of Brlck by Brick London Home Actlvlty Group {the 'charitable company'l for the year ended 31 December 2023 which comprise the Statement of Financlal Activities, the Balance Sheet and notes to the financlal statements, including a 5urnmary of significant accountlng pollcies. The finandal reportlng framework that has been applied in their preparation is applicable law and United Kingdom Accountlng Standards (United Kingdom Generally Accepted Accounting Practlcel. In our opinlon the flnancial statements: give a true and fair view of the state of the charitable cornpanws affairs as at 31 December 2023 and of its incoming resources and appllcatlon of resources, Includlng Its income and expendlture, for the year then ended. have been properly prepared In accordance with Unlted Klngth)m Generally Accepted Accounting Practlce. and Have been prepared In accordance with the requlrements of the Companles Act 2(K)6. Ba515 for oplnlon We conducted our audit in accordance with Internailonal Standards on Audll1ng IUKI IISAS IUKII and appllcable law. Our re5ponslbilities under those standards are further descrlbed In the Auditors, responslblllties for the audlt of the financlal statement5 section of our report. We are independent of the charitable company in accordance with the ethical reqthrernents that are relevant to our audlt of the financial statements In the UK, includlng the FRC'S Ethlcal Standard, and we have fulfllled our other ethlcal responslbllltle5 In accordance wlth these requlrements. We belleve that the audit evfdence we have obtalned is sufflclent and appropriate to provlde a basis for our oplnlon. Concluslons relatlng to golng concern In audltlng the financlal statements, we have concluded that the trustees, use of the golng concern bas15 of accountlng In the preparatlon of the financlal ststements Is appropriate. Based on the work we have perfornRd, we have not Identlfied any materfal uncertalntles relating to events or conditions that, Individually or collectively, may cast slqnificant doubt on the charitable company s ablllty to continue as a 8oing concern for a period of at least twelve months from when the financial statements are authorlsed for issue. Our responslbilities and the responslbllltles of the trustees wlth respect to golng concern are described In the relevant sections of ihls report. Other Informatlon The trustees are responsible for the other Information. The other information comprises the Information Included In the Annual Report, other than the flnancial statements and our Report of the Independent Auditors thereon. Our oplnlon on (he flnanclal sratements does not cover the other infomailon and, except to the extent otheThAse expllcltly stated In our reporf, we do not express any forni of aUrance concluslon thereon. In connection wfth our audlt of the flnancial statements, our responslbility is to read the other informatlon and, In doing so, conslder whether the other Information Is materially Inconslstent wlth the flnandal statements or our knowledge obtalned in the audit or otherwise appears to be materially mlsstated. If we identlfy such material Inconslstencie5 or apparent material mlsstatements, we are requlred to determine whether this glves rise to a materfal misstatement in the financlal statements themselves. If, based on the work we have performed, we conclude that there15 a materlal mlsstatement of thls other informatlon, we are requlred to rewrt that fact. We have nothlng to report In this regard. Oplnlons on other matters prescrfbed by the Companles Act 2006 In our opinion, based on the work undertaken In the course of the audit: the informatlon given In the Rewrt of the Trustees for the financial year for whlch the flnancial statements are prepared Is conslstent with the financlal statements; and The Report of the Trustees has been prepared in accordance wlth applicable legal requlrement5. Page 5
REPORT OF THE INDEpENDEP AUDrfoRS TO ThE MEMBERS OF BRICK BY BRICK LONDON HOME AcfiviTY GROUP Matters on whlch wo are requlred to report by exception In the light of the knowledge and understanding of the charitable company and its envlronment obtained in the course of the audlt. we have not Identlfied material misstatements in the Report of the Trustees. We have nothlng to report in respect of the folLowTng matters where the Companies Act 2c6 requires us to rewrt to you If, In r opinion: adequate accountin8 record5 have not been kept or returns adequate for our audit have not been recelved from branche5 IK)t visited by us; or the flnanclal statements are not In agreement wlth the accntIng records and returns. or certain d15c105ures of trustee5 remuneration speclfled by law are not made. or we have not received all the information and explanations we require for our audit; or The trustees were nol entitled to take advantage of the small company's exemption from the requirement to prepare a Strateglc Report or in preparlng the Rewrt of the Trustees. Responslbllltles of trustees A5 explained more fully In the Statement of Trustees. Respon51bllltles. the trustees Iwho are also the directors of the charitable company for the purposes of company lawl are responslble for the preparatlon of the flnanclal statements and for belng 5at15fied that they give a true and fair view. and for such Internal C¢Jntrol as the trustees determine is necessary to enable the preparatlon of financial Statements thht are free from materlal misstatement, whether due to fraud or error. In preparln8 the flnanclal statements, the trustees are responslble for assessing the charltable compan¥5 abllity to continue as a going concern, d15closlng, as appllcable, matters related to golng concem and uslng the 8olng concern basis of accountin4 unless the trustees elther Intend to Ilquldate the chadtable company or to cease operatlons, or have no reali5tlc alternative but to do . Our responslbllltl•s for the audlt of thè flmndal statements Our objectlves are to obtaln reagonable assurance about whether the flnandal statements as a whole are free from materlal m15Statement, whether due to fraud or error, and to155ue a Report of the Independent Audltors that includes our opinion. Reasonable assurance is a high level of a55urance, but is not a guarantee that an audlt conducted in accordance wlth ISAS IUKI wlll always detect a materlal mlsstatement when It exlsts. Misstatements can arfse from fraud or error and are consldered nkiterlal if, indlvldually or In the ai$regate, they could reasonably be expected to Influence the economlc declslons of users taken on the basls of these financial statements. Irre8ular1tles, Includlng fraud, are Instances of non-compliance wlth laws and re8ulatlons. We de51gn procedures In line wlth our responslbilities, outllned above, to detect materlal mlsstatements In respect of Irregularities, Includinq fraud. The extent to which our procedures are capable of detectlng irre8ularltSes, includlng fraud is detalled below: Based upon our under5tan¢thng of the company and the Industry, we Identlfled that the prfndpal rfsk of non-compllance with laws and re#ulatlons related to cornpany law applicable In England and Wales, and we considered the extent to whlch non-compllance might have a material effect on the financlal statements. We a150 con51dered those laws and regulatlons that have a direct Impact on the preparatlon of the flnancial statement5. Such as the Companles Act 2CKJ6 and payroll tax. We evaluated management's Incentlves Jnd opportunities for fraudulent manlpulatlon of the financlal statement5 lincludlng the override of contro151 and determined that the prlnclpal rlsk was from the overrlding of those controls and manaqement blas In accountlng estima(e5. Audit procedures Included: Enquiring wlth management regarthng correspondence wlth regulator5 and tax authorliles. Evaluatlng management controls desl4ned to prevent fraud and detect irre8ularliles; Challenging a5sumptlons and judgements made by management in thelr critical accounting estimates. A further description of our responsibilitles for the èudlt of the flnancial statements Is located on the Flnanclal Reportlng Councll'5 webslte at www.frc.org.uklaudltorsresponslbllities. Thls descrlpilon forms part of our Report of the Independent Audltors. Page 6
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRICK BY BRICK LONDON HOAIE A1VITy GROUP Use of our report Thls port is made 501ely to the charltable companys members, as a body, In accordance with Chapter 3 of Part 16 of the Companie5 Act 2CQ6. Our audit work has been undertaken so that we might state to the charitable companls member5 those matters we are required to State to them in an audliors, report and for no other purpose. To the fullest extent permltted by law, we th) not accept or assume responsibillty to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. (&hcL Rekha Shah (Senior Statutory Audltorl For and on behalf of Able & Young Ltd Chartered Certlfled Accountants And Reglstered Audltors Airport House Purley Way Croydon England CRO OXZ Page 7
BRICK BY BRICK LONDON HOME AcfiviTY GROUP STATEMENT FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total funds Unrestricted Fund Restricted fund Note5 INCOAIE AND ENDOWMENTS FROM Donations and legacies 20,962 20,962 24,268 Charltable actlvltles Charitable actlvlties 368,868 368,868 371,748 Investment Income Total 39B,506 398,506 398,144 EXPENDITURE ON Charltable actfvftle5 Charitable actlvltles 351,293 3, 538 354,831 283,199 Other Total 437,841 3,538 441,379 373,034 NEf INCOKIEI{EXPENDITUREI 139,335) 3,5381 142,8731 25,110 RECONCILIATION OF FUNDS Total funds brouiht forward 4,039,876 245.034 4,284,910 4,259,8LX) TOTAL FUNDS CARRIED FORWARD 241 496 4 242 037 4 284 910 The notes form part of these financlal statements Page 8
RICK 8Y BRKK LONDON ACTNrrY GROUP BALAIICE SHEEr 31 DECEMBER 2023 21n3 Totsl funds 2022 Total lunds Lfvwestrlrt•d Restrictsd Fund FiXED ASSErs Tar4lble assets 3.431.217 241,496 3,6n.713 3,660.785 3,431,217 241,496 3,6n,713 3,660,785 CURW ASSErs Debtots Cash at bank In hand Investments 32,n8 1,399 550,399 32,n8 45,7a6 811 613,884 550,399 584,526 584,526 660,481 CREDrroRS AmouTrts f4Ulryd wlthln one ye4r io 115,2021 If 5.202) 136,3571 NET CURREtrif A5sErs S69 324 TOTAL ASSEfs LESS CURAEirf LiABILmEs 4,IXXI.541 241,490 4.242,037 4,284,910 4 242 037 FUNDS Unresldrted fund5 Restricied fimds 11 4.CW,511 241496 4,039,876 245 034 TOTAL FUNDS 4 141037 4 284 910 The* flnancfjal statern have been Fwepared In accrydarK¢ wlth the yw151$ appllcable ro charltabie compaDles sublert to the small cwipany's regine. The flnand41 stat•ments were yrurtd by the Pd)Drd ol TNstee5 authortsed for Iswe on stsThed M its behalf by: USt 2024 and were FgL J E Shlllln¥ft%d . Trnstee 301812i>Z4. The rntes fom part of these flntinciai statements P¥e9
BRICK BY BRICK LONDON HOAIE AcriviTY GROUP NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Bas15 of preparlng the flnanclal statements The financlal statements of the charitable companyi which Is a public beneflt entity under FRS 102, have been prepared In accordance wlth the Charltles SORP IFRS 1021 'Accountin8 and Reporting by Charities: Statement of Recommended Practlce appllcable to charltles preparing thelr accounts in accordance wlth the Financial Reportln8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151., Financlal Reporting Standard 102 'The Financial Reporting Standard applicable In the LIK and Republic of Ireland. and the Companies kt 2(. The flnanclal statements have been prepared under the h15torical cost conventlon, wlth the exceptlon of investments whkh are Included at market value. Income All Income Is recognlsed In the Statement of Flnanclal ktlvltles once the charlty ha5 entltlement to the funds, it is probable that the income wfll be recelved and the amount can be measured reliably. Expendlture Llabllltle5 are recognlsed as expenditure as soon as there Is a legal or constructlve obllgatlon commltilng the charity to that expendlture. It is probable that a transfer of economlc benefits wlll be requlred In settlement and the amount of the obligation can be measured rellably. Expendlture Is accounted for on an accrua15 basls and has been classifled under headlngs that aggregate all cost related to the category. Where costs cannot be dlrectly attdbuted to partlcular headlng5 they have been allocated to actlvltles on a bas15 cons15tent wlth the use of resources. Allocatlon and apportlonment of costs Costs relating to a particular actlvlty are allocated directly, others are apportioned on an approprfate basis. Support Costs Includes all expendlture not dlrectly related to the charitable activlty or fundra151nq ventures. Thls includes costs In respect of postage, statloneryl telephone J general office expenses, travel, depreclatlon and bank ¢har8es. Tanglble flxed assets Depreciatlon15 provided at the followln8 annual rates In order to write off each asset over Its estlmated useful Ilfe. Freehold property Flxtures and flttlngs Office Equlpment, White Goods 2% reduclng balance basls 15% on reducing balance 25% on reducln8 balance 25% on reduclng balance Taxatlon The charity Is exempt from corporation tax on it5 charltable actlvltles. Fund accountln8 Unre5trfcted funds can be used In accordance with the charitable objectlves at the dlscretlon of the trustees. Restricted funds Can only be used for particular restricted purposes wlthin the object5 of the charity. Restrictlons arise when 5peclfied by the donor or when funds are ralsed for particular re5trlcted purposes. Further explanatlon of the nature and purpose of each fund is included In the notes to the financlal statements. Page 10 contlnued...
BRICK BY BRICK LONDON HOIAE Acrivrry GROUP NOTES TO THE FINANCIAL sfATEMENTS - contfnued FOR THE YEAR ENDED 31 DECEMBER 2023 INVEsfAIENT INCOME 2023 2022 Deposlt account Interest SUPPORT COSTS Governance Costs Management Finance Totals Other resources expended 457 Support costs, included Sn the above, are as follows: 2023 2022 Total activities Resources Expended Salarles Employer's Nl Pensions Telephone Offlce costs Travel Donations Bank charges Interest Paid Audltors, remuneration Auditors, remuneration for non.audlt work 70,OC(I 7,283 2,207 3,185 2,107 4,695 60,CX)O 5,968 2,499 1,852 8,701 15 307 387 70 Nrr INCOMEI{EXPENDITUREI Net Incomel lexpendlturel is stated after chargln81 {creditingi: 2023 2022 Audltors, remuneratlon Auditor5 remuneration for non-audlt work Depreclation - owned assets 2,613 3,3 Page 11 continued..
BRICK BY BRICK LOMLKJN HOME ACTIVITY GROUP NOTES TO THE FINANCIAL ¥fATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEIABER 2023 TrUSTEES' REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees. expenses There were no tru5tees' eypenses paid for the year ended 31 December2023 nor for the year ended 31 December 2022. srAFF COSTS 2023 2022 Wages and salaries Employer'5 Nl 107.200 7,283 93,667 5,968 The average monthly number of employees durlnq the year was as follows., 2023 2022 Property Adrnlnlstrat70n and development One employee had emoluments 8reater than £60,IJW being £71, 321 in total. COMPARATNES FOR THE sfATEMENT OF FINANCIAL ACTIVITIES Unrestrfcted Fund Restricted fund Total funds INCOME AND ENDOWMENTS FROM Donatlons and legacies 24,268 24,268 Grant Income Local Authodty Grants Charltable actlvltles Charitable actlvftles 371,748 371,748 Investment income Total 398,144 398,144 EXPEMDITURE ON Charltable actlvltlés Charftable actlvities 279,583 3,616 283,199 Other Total 369,418 {3,6161 373,034 INCOMEI{EXPENDITLIREI 28,726 {3,616} 25,110 Page 12 continued...
BRICK BY BRICK LONDON HOME ACTMTY GROUP MOTES TO THE FINANCIAL STATEMEKfs . contlnued FOR THE YEAR ENDED 31 DECEKIBER 2023 COhlPARATIVES FOR THE ¥fATEMENT OF FINANCIAL ACTIVITIES - contlnued Unrestricted Fund Restricted fund Total funds RECONCILIATION OF FUMDS Total funds brou8ht forward 4,011,150 248,650 4,259,8LI) TOTAL FUNDS CARRIED FORWARD 4 039 876 245 034 4 284 910 TANGIBLE FIXED ASSErs Flxtures and flttlngs Freehold Property Offlce Equlpment's Whlte Totals cosr At 1 January 2023 Additions Disposa15 4.327,911 76,536 143,482 2LTrI 591 3,852 4,472,184 80,388 At 31 December 2023 200 4 552 572 DEPRECIATION At 1 January 2023 Charge for year Ellmlnated on dlsposal 672,959 66,876 138,348 770 811,399 68,460 38 776 At 31 December 2023 739 835 139 118 820 NEf BOOK VALUE At 31 December 2023 3 664 612 114 3 672 713 At 31 December 2022 3 654 952 152 547 3 660 785 Included in cost or valuatlon of land and bulldlngs is freehold land of £986,653 {2022 - C986,6531 whlch is not depreclated. The freehold property, Offlce equlpment's, whlie goods, flxtures & fittlng5 included above and totalllng E3,672,713 are used or have been acqulred to be used directly for charitable purpose5. Page 13 cont?nued...
BRICK BY BRICK LONDON HOAIE AcfiviTY GROUP NOTES TO THE FINANCIAL sfATEAIENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Rent5 receivable Tax Prepayments 24,828 33,271 12,515 10. CREDrroRS: AIAOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Trade creditors Social security and other taxes Accruals and deferred Income 7,332 1,25B 21,190 514 11. MOVEMENT IN FUNDS Net Ilovement in funds At 31.12.23 At 1.1.23 Unrestrlcted furmds General fund 4,039,876 139,J351 4,CIX), 541 Restrlcted funds Income fund 245,034 13,5381 241,496 TOTAL FUNDS 4 284 910 42 8731 4 242 037 Page 14 continued...
BRICK BY BRICK LONDON HOME ACTlVtrY GROUP NOTES TO ThE FINANCIAL ¥fATEIAENTS - contlnuèd FOR THE YEAR ENDED 31 DECEMBER 2023 11. MOVEhlENT IN FUNDS- contlnued Net movement In funds, Included in the above are as follows: Incomlng Resources Re50urce5 expended Movement In funds Unrestrlcted funds General fund 398,506 {437,8411 (39,335) Restrlcted funds Income fund 13,5381 13, 5381 TOTAL FUNDS 441 3791 42 8731 Comparatlves for movement In funds Net Movement in funds At 31.12.22 At 1.1.22 Unrestrlcted funds General fund 4,011,150 28,n6 4,039,876 Restrlcted funds Incorne fund 248,650 13,616) 245,034 TOTAL FLIMDS 4 284 910 Comparative net movement In funds, Included In the above are as follows: Incomlng Resources Resources expended Movement in fund5 Unrestrlcted funds General fund 398.144 {369,418} 28,n6 Restrlcted funds Income fund 13,616 {3,616) TOTAL FUNDS 373 0341 Page15 continued...
BRICK BY BRICK LONDON HOME ACTIVITY GROUP NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 MOVEMENT IN FUNDS - contlnued A current year 12 months and prior year 12 months comblned position is as follows- Net ovement in funds At 31.12.23 At 1.1.22 Unrestrlcted funds General fund 4,011,150 110,6091 4,CKiO,541 Restrfcted funds Income fund 248,650 {7,154) 241,496 TOTAL FUNDS 4 259 81)J 17 7631 4 242 037 A current year 12 months and prlor year 12 months comblned net movement In funds, Included in the above are as foll¢)WS: Incoming Resource5 Resources expended hk>vement in funds Unrestrfcted fund5 General fund 796,650 {807,2591 110,6091 Restrlcted funds Incorne fund 7,154} 17,1541 TOTAL FUND5 796 650 814 4131 17 7631 12. RELATED PARTI DISCLOSURES During the year the charfty made payments to a close relatlve of Jacqueline Shllllngford, trustee. Payments were for professlonal servlces rendered In connectlon wlth repalrs and dilapldatlon5 to the propertles as requlred and as necessary for thelr maintenance for a value of £15,612. 13. RESTRICTED FUNOS OF THE CHARITY The restricted fund Is represented by grant5 for the purchase, development and the fumishing of 77 Trafal8ar Avenue, the double"glazing of Old Kent Road and Queens Road and the purchase and development of the Charlton Project at Lansdowne Mews, a8alnst whlch the depreciatlon of these assets are charged. 14, APB EfHICAL ¥fANDARD - Provlslon Jvallable for small entltles In common with many other charltles of our size and nature we use our audliors to prepare and Submit returns to the tax authorlties and to a551st with the preparation of the flnancial statements. Page 16
BRICK BY BRICK LONt)ON HOME ACTMTY GROUP DETAILED ATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 IMCOME AND ENDOWMENTS Donatlons and legacles Donations & glfts Other Revenue 20,962 24.268 Investment Income Dep051t account interest 8,675 2,128 Grant Income Local Authorlty Grants Charttable actfvltles Rent5 receivable Laundry & other income 5,250 361,611 365,327 363 618 370 748 Total Incomlni resources 398,506 398,144 EXPENDITURE, Charltable actlvltles Salarles Utllltles and Rates Cleanln8, laundryj Rardenin8 and sundrbes Depreclatlon Insurance Repair5 and renewals Bad Debts Hard5hlp payments Legal and professional 37,2CQ 12,261 19,275 68,460 11,817 113,185 8,518 14,712 33,667 16,388 11,883 67,580 9,839 73,227 14,142 344,831 283,199 Support costs Management Salarles Employer5 Nl Pensions Telephone Office costs Travel Donatlons 70,1llJ 7,283 2,207 3,185 2,107 4,695 60,(JXI 5,968 2,499 1,852 8,701 15 89,478 82,039 Flnance Bank charges Interest paid 387 307 486 457 793 This page does not fonn part of the statutory flnancial statew*nts Page 17
BRICK BY BRICK LONDON HOME ACTMTY GROUP DEfAILED STATEMENT OF FINANCIAL ACTNMES FOR THE YEAR ENDED 31 DECEMBER 2022 2023 2022 Governance costs Audltors, remunerntion Auditors. remuneratlon for non.audlt work 3,360 Total resources expended 373 034 Net expendlturel{Income) This page O)es not form part of the statutory flnancial statements Page 18