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||||Page|
|---|---|---|---|
|Chair's Foreword||||
|2022/23 At a Glance||||
|Report ofthe Directors||||
|Independent
Examiner's|Report||14|
|Statement
of Financial|Activities||15|
|Comparative
Statement|of Financial|Activities||
|Balance Sheet|||17|
|Statement
ofCash Flows|||18|
|Notes to the Financial Statements|||19|
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|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|Risk Management|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The Directors
have overall
responsibility
for ensuring
that the Charity has an appropriate
system
of controls,
financial
and otherwise.
Risk assessments
are carried out annually
and reviewed
by the Directors.
Appropnate
steps are taken
to moderate
and
manage
identified
nsks.
The Directors are satisfied that, the Chadty's
internal
controls comply
with the
guidelines
issued
by the Charities
Commission,
and that
it corn plies with relevant
laws and regulations.|||||||||||||||||||||||||
|REFERENCE||||AND||ADMINISTRATIVE
DETAILS|||||||||||||||||||
|Company||Number:|||||02424032||||||||||||||||||
|Charity|Number:|||||1007665|||||||||||||||||||
|Directors:||||||||||Tristan Barber||||Chair ofTrustees|||||||||||
|||||||||||Peter Oswaldt||||Treasurer|||||||||||
|||||||||||Amanda
Amadokai||||(appointed|28|June 2022)|||||||||
|||||||||||Kevin Baker||||(resigned|16November|||2022)|||||||
|||||||||||William
Daniel-Braham||||(resigned|31 May 2022)||||||||||
|||||||||||Leasuwanna
Gnffith|||||||||||||||
|||||||||||Robert James|||||||||||||||
|||||||||||Gerard McGrath||||(appointed|on|21|February||2023)||||||
|||||||||||Paul Mitchel||||(appointed|on|21|February||2023)||||||
|||||||||||Glyn Richard||||(resigned|on 16November||||2022)||||||
|||||||||||Corrine Squire|||||||||||||||
|||||||||||Shams Tariq|||||||||||||||
|Company||Secretary:||||||||Silvia Petretti|||||||||||||||
|Senior Management|||||||Team;|||Silvia Petretti||||Chief Executive|||||||||||
|||||||||||Beatrice Osoro||||Clinical Outreach|||and Statutory|||Contracts|||Lead||
|||||||||||Sarah Fraser||||Services Lead|||||||||||
|||||||||||Memory Sachikonye||||Admin
& Finance|||Lead||||||||
|||||||||||Garry Brough||||Peer Learning||& Partnership|||Lead||||||
|||||||||||Ellie Angus||||Fundraising|and Communication||||||Lead||||
|Principal|Address:|||||||||St Marks Studios|||||||||||||||
|||||||||||14Chillingworth|Road||||||||||||||
|||||||||||London
N7 BQJ|||||||||||||||
|Independent|||Examiner:|||||||M A Wilkes FCA|||||||||||||||
|||||||||||Azets Audit Services|||||||||||||||
|||||||||||River House|||||||||||||||
|||||||||||1 Maidstona
Road|||||||||||||||
|||||||||||Sidcup|||||||||||||||
|||||||||||Kent DA14 5RH|||||||||||||||
|Solicitors||||||||||Farrer8
Co,|||||||||||||||
|||||||||||66 Lincoln's
Inn Fields|||||||||||||||
|||||||||||London WC2A 3LH|||||||||||||||
|Bankers||||||||||NatWest Bank pic|||||||||||||||
|||||||||||P.O. Box83|||||||||||||||
|||||||||||Tavistock House|||||||||||||||
|||||||||||Tavistock Square|||||||||||||||
|||||||||||London WC1H 9JA|||||||||||||||
||||||||||||||12||||||||||||
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|||Notes|Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|2023|2022|
|Income from:||||||||
|Donations|||14,034|||14,034|8,749|
|Chantable
activities||2|216,747||508,137|724,884|753,412|
|Trading
Actwities||3|10,309|||10,309|9,339|
|Total income|||241,090||508,137|749,227|771,500|
|Expenditure
on:||||||||
|Raising funds|||37,131|||37,131|17,913|
|Charitable
activities|||200,261|36,276|582,922|819,459|692,205|
|Total expenditure||4|237,392|36,276|582,922|856,590|710,118|
|Net income I(expenditure)|||3,698|(36,276)|(74,785)|(107,363)|61,382|
|Transfers
between|funds|16|(30,276)|30,276||||
|Net movement
in|funds||(26,578)|(6,000)|(74,785)|(107,363)|61,382|
|Funds brought forward at||||||||
|1 April 2022|||111,859|56,000|322,329|490,188|428,806|
|Total funds carried forward at||||||||
|31 March 2023|||85,281|50,000|247,544|382,825|490,188|
##
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|INCORPORATING|THE INCOME A|ND EXPENDI|TURE ACCOUNT||||
|---|---|---|---|---|---|---|
|||Notes|Unrestricted|Designated|Restricted|Total|
||||funds|funds|funds|2022|
|Income from:|||||||
|Donations
Chantable
activibes
Trading Activi6es|||8,749
225,444
9,339||527,968|6,749
753,412
9,339|
|Total income|||243 532||527,968|771,500|
|Expenditure
on:|||||||
|Raising funds
Chsrkable
activities|||17,913
154,722|45,000|492,483|17,913
692,205|
|Total expenditure|||172,635|45,000|492,483|710,118|
|Net income I(expenditure)|||70,897|(45,000)|35,485|17,913|
|Transfers between|funds||(56,000)|56,000||17,913|
|Net movement
in funds|||14,897|11,000|35,485|61,382|
|Funds brought forward at|||||||
|1 April 2021 (As restated)|||96,962|45,000|286,844|428,806|
|Total funds carried|forward at||||||
|31 INarch 2022|||111.859|56,000|322,329|490,188|
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|CHARITABLE ACTIVITIES||||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||6|6|
|Connections:||||||
|Big Lottery Fund —Women's
Proiect||||48,907|45,194|
|Big Lottery Fund —Youth Project
Fast Track Cities —Chelsea and Westminster||||48,048
118,836|95,306
157,639|
|Fast Track Cities —Welfare and Benefits||||64,167|81,825|
|Fast Track Cities - CAG||||4,100|75,814|
|Homerton
University
Hospital||||41,501|37,499|
|NHS Brent Teaching PCT||||53,356|50,896|
|Local Authority
Contracts||||99,290|96,184|
|Marek Sharp & Dohme —StrSTalk|||||12,674|
|Marek Sharp & Dohme —Manifesto
Launch
City & Hackney Together —Covid-19 grant
Terrence
Higgins Trust Hardship
Grants
Wandsworth
Oasis - Seeds||||5,000
2,700|7,500
1,500
9,984|
|ViiV Healthcare
—Mixed Soaals|||||10,352|
|London Catalyse
hardship
grant||||1,500||
|Gilead Sciences —Gay Men||||38,581||
|Gilead Sciences —Youth
NMH||||57,374||
|Henry
Smith Chanty —Complex needs
Other Income||||19,900|1,690|
|||||603,260|526,418|
|Knowledge||||||
|Gilead Fellowship
- Prolect 100 Legacy
Gilead Sciences —Co-Morbidities
Training|||||745
40,904|
|Envision
Pharma —Co-Morbidities||Training|||6,508|
|CAF Recovery Grant Fund|||||15,263|
|Fast Track Cities (Women and Ageing GROWS)||||37,124|37,124|
|Partners
for Health I Hospital
Fund
—Evaluations|||& London Catalyst||4,000|
|Salamander
Fund —WHO Women||Toolkit||1,883|4,394|
|||||39,007|108,938|
|Confidence||||||
|Healthy
London Partnership
—FTC
NAZ —Bearded and Flushed|||Stigma Fund|2,000|5,000
4,956|
|Fast Track Cities (Empowerment)|||||50,000|
|The Henry Smith Charity (core funding)
Royal College ofSpeech & Drama - Archive Project||||60,000
20,617|58,100|
|||||82,617|118,056|
|||||724,884|753,412|
|OTHER INCOME||||||
|||||2023|2022|
|||||6|6|
|Consultancy
fees||||10,309|9,339|
|||||10,309|9,339|
##
|EXPENDITURE||Other||||
|---|---|---|---|---|---|
||Staff|direct|Support|Total|Total|
||costs|costs|costs|2023|2022|
||6|8|6|6|8|
|Cost ofraising funds|36,344|767||37,131|17,913|
|Charitable
activities||||||
|Connections|484,729|86,902|110,404|682,035|451,382|
|Knowledge|18,034|13,983|3,720|35,737|191,118|
|Confidence|68,879|27,376|5,432|101,687|49,705|
||607,986|127,699|119,556|856,590|710,118|
##
|SUPPORT COSTS|||2023|2022|
|---|---|---|---|---|
||||6|6|
|Premises costs|||46,849|43,397|
|Legal and professional fees|||648|8,566|
|Communication
costs|||13,154|12,013|
|Information
technology|||6,527|3,261|
|Insurance|||2,384|2,486|
|Staff costs and expenses|and volunteer|expenses|23,806|6,738|
|Depreciation|||108|135|
|Other costs|||8,781|8,269|
|Accountancy
support|||12,082|11,805|
|Governance
costs.|||||
|Independent
Examination|||4,620|4,260|
|Under provision
ofprior|year IEfee||260|600|
|Trustee expenses|||337||
||||119,556|101,530|
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|STAFF COSTS|STAFF COSTS||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||8|8|
|Wages and|salanes||||||550,607|468,257|
|Employer's|National||Insurance||||45,558|38,787|
|Pension cost|||||||11,821|10,408|
||||||||607,986|517,452|
|The average|monthly|||number|ofemployees,|by|||
|headcount,|during the|||year was:|||No.|No,|
|Direct chantable||activities|||||21|20|
|Administration||- Part||time|||1|1|
|||||||||21|
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|||||||
|---|---|---|---|---|---|
|10.|TANGIBLE FIXED|A|SSETS||Fixtures|
||||||&Fittings|
||COST|||||
||At 1 April 2022||||6,257|
||At 31 March 2023||||6,257|
||DEPRECIATION|||||
||At 1 April 2022||||5,719|
||Charge for the year||||108|
||At 31 March 2023||||5,827|
||NET BOOK VALUE|||||
||At 31 March 2023||||430|
||At 31 March 2022|||||
|11.|DEBTORS|||2023|2022|
|||||8|8|
||Grant, contract and|other income||84,064|107,067|
||Other debtors|||29,746|32,386|
||Pmpayment|||1,215|4,960|
|||||115,025|144,413|
||Included
in other debtors above are amounts|||fain ng due after one year of820,545 (2022: 822,733)||
|12.|CREDITORS|||2023|2022|
||||||8|
||Taxation and social|security||18,425|11,144|
||Other creditors|||28,008|6,181|
||Accruals and deferred||income|33,291|13,212|
|||||79,724|30,537|
|13.|DEFERRED INCOME|||2023|2022|
|||||8||
||Deferred income b.fwd||||9,984|
||Released
from previous||years||(9,984)|
||Resources deferred|in|the year|17,399||
||Deferred income c.fwd|||17,399||
##
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|14.|RESTRICTED FUNDS (continued)|RESTRICTED FUNDS (continued)|RESTRICTED FUNDS (continued)|RESTRICTED FUNDS (continued)|||||
|---|---|---|---|---|---|---|---|---|
||||||Balance at|Income|Expenditure|Balance at|
||2022||||1.4.2021|||31.3.2022|
||Peer Navigators||||447|44,999|(45,446)||
||Project 100||||70,858|||70,858|
||Project 100 Legacy||||11,376|745||12,121|
||Project 100Adaptation||||13,456||(13,456)||
||Youth Project||||47,393|95,305|(84,243)|58,455|
||Groups
&Workshops||||8,430||(8,430)||
||Women's
Project||||11,312|45,194|(55,970)|536|
||Gay Men||||1,968||(1,968)||
||Seeds||||13,740|9,984|(12,192)|11,532|
||Self Care Toolkit||||10,671||(10,671)||
||Changing
Perception||||8,794||(8,794)||
||Fast Track Cities|—Chelsea||and Westminster|24,962|81,825|(91,915)|14,872|
||Fast Track Cities|—Welfare||and Benefits|12,326|75,815|(58,445)|29,696|
||Fast Track Cities|—Women||and Ageing|8,709|37,124|(35,955)|9,878|
||Fast Track Cities|—Empowerment||||50,000||50,000|
||Co-Morbidities|||||47,411|(27,480)|19,931|
||Bearded and Flushed|||||4,956|(4,956)||
||Evaluation
projects|||||4,000|(2,198)|1,802|
||ViiV Mixed Soaals|||||10,352|(8,193)|2,159|
||MSD StrBTalk|||||12,674|(5,715)|6,959|
||WHO Women Toolkit|||||4,394|(4,394)||
||Small Grant Fund|||||3,190|(2,630)|560|
||Battersea Community||Garden||4,372||(3,872)|500|
||Policy Conference||||32,470|||32,470|
||LGBTQ Podcast||||5,560||(5,560)||
||||||286,844|527,968|(492,483)|322,329|
##
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|UNRESTRICTED FUNDS||||||
|---|---|---|---|---|---|
||Balance at||||Balance at|
|2023|1.4.2022|Income|Expenditure|Transfers|31.3.2023|
|General
Fund|111,859|241,090|(236,605)|(30,276)|85,281|
|Designated
Funds:||||||
|Gay Men's Proiect||||40,000|40,000|
|Updating
Memorandum||||10,000|10,000|
|Women's
Project|56,000||(36,276)|(19,724)||
||56,000||(36,276)|30,276|50,000|
|Total|167,859|241,090|(272,881)||135,281|
||Balance at||||Balance at|
|2022|1.4.2021|Income|Expenditure|Transfers|31.3.2022|
|General
Fund|96,962|243,532|(172,635)|(56,000)|111,859|
|Designated
Funds:||||||
|Gay Men's Project|30,000||(30,000)|||
|Rooms rental|10,000||(10,000)|||
|Evaluation
Women's
Project|5,000||(5,000)|56,000|56,000|
||45,000||(45,000)|56,000|56,000|
|Total|141,962|243,532|(217,635)||167,859|
##
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|ANALY|SIS OF NET ASSETS BETWEE|N FUNDS|||
|---|---|---|---|---|
|2023||Restricted|Unrestricted|Total|
|||Funds|Funds|Funds|
|||6||6|
|Fixed assets|||430|430|
|Current|assets|247,544|214,575|462,119|
|Current|liabilities||(79,724)|(79,724)|
|||247,544|135,281|382,825|
|2022|||||
|||Restricted|Unrestricted|Total|
|||Funds|Funds|Funds|
|||6|6|6|
|Fixed assets|||538|538|
|Current|assets|322,329|197,858|520,187|
|Current|liabilities||(30,537)|(30,537)|
|||322,329|167,859|490,188|
##
|RECONCI|LIATION|O|F NET EXPENDITURE TO NET CAS|H FLOW FROM OPERATING ACT|IVITIES|
|---|---|---|---|---|---|
|||||2023|2022|
|||||8|6|
|Net (expenditure)||/ income for the year||(107,363)|61,382|
|Depreoation||||108|134|
|Decrease|/ (Increase)||in debtors|29,388|72,288|
|Increase|/ (Decrease)||in creditors|49,187|(6,904)|
|Net cash|flow from|operating
activities||(28,680)|126,900|
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