| Page | |||
|---|---|---|---|
| Reference and administrative details |
|||
| Report ofthe trustees | 2 | to | 6 |
| Report ofthe independent auditors |
7 | to | 9 |
| Statement offinancial activities | 10 | ||
| Balance sheet | |||
| Cash flow statement | 12 | ||
| Notes to the cash flow statement | 13 | ||
| Notes to the financial statements | 14 | to | 20 |
| Detailed statement offinancial activities | 21 |
| Key | management | remuneration | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Key | management | compensation | in | year | 97,703 | 92,740 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | ||||
| fund | funds | funds | funds | funds | ||||
| Notes | ||||||||
| INCOME AND | ||||||||
| ENDOWMENTS | FROM | |||||||
| Donations and legacies |
2 | 139798 | 13,798 | 22,405 | ||||
| Charitable activities |
||||||||
| Provision oflegal services and | ||||||||
| advice | 438,140 | 169,776 | 607,916 | 849,294 | ||||
| Investment income |
620 | 620 | 1,146 | |||||
| Total | 452,558 | 169,776 | 622,334 | 872,845 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | 500 | 500 | 50 | |||||
| Charitable activities |
||||||||
| Provision of)egal services and | ||||||||
| advice | 359,725 | 169,776 | 529,501 | 508,950 | ||||
| Total | 360,225 | 169,776 | 530,001 | 509,000 | ||||
| NET INCOME | 92,333 | 92,333 | 363,845 | |||||
| Transfers between |
funds | 15 | (300,000) | 300,000 | ||||
| Net movement in funds |
(207,667) | 300,000 | 92,333 | 363,845 | ||||
| RECONCILIATION | OF | |||||||
| FUNDS | ||||||||
| Total funds brought | fomvard | 580,906 | 500,000 | 1,080,906 | 717,061 | |||
| TOTAL FUNDS CARRIED | ||||||||
| FORWARD | 373,239 | 800,000 | 1,173,239 | 1,080,906 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | ||
| fund | funds | funds | funds | funds | ||
| Notes | f. | |||||
| FIXEDASSETS | ||||||
| Tangible assets | 11 | 8,529 | 8429 | 11,811 | ||
| CURRENT ASSETS | ||||||
| Work in progress Debtors Cash at bank |
12 13 |
40,996 306,746 79465 |
100,000 700,000 |
140,996 306,746 779265 |
197,774 90,471 802,859 |
|
| 427,007 | 800,000 | 1427,007 | 1,091,104 | |||
| CREDITORS | ||||||
| Amounts falling due within one |
||||||
| year | 14 | (62097) | (62,297) | (22,009) | ||
| NET CURRENT ASSETS | 364,710 | 800,000 | 1,164,710 | 1,069,095 | ||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 373439 | 800,000 | 1,173439 | 1,080,906 | ||
| NET ASSETS | 373439 | 800,000 | 1,173439 | 1,080,906 | ||
| FUNDS | 15 | |||||
| Unrestricted funds |
1,173439 | 1,080,906 | ||||
| TOTALFUNDS | 1,173439 | 1,080,906 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | K | |||
| Cash flows from operating | activities | |||
| Cash generated from operations |
I | (24,214) | 342,104 | |
| Net cash (used in)/provided | by operating | activities | (24,214) | 342,104 |
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets |
(11,665) | |||
| Interest received | 620 | 1,146 | ||
| Net cash provided by/(used |
in) investing | activities | 620 | (10,519) |
| Change in cash and cash equivalents | in | |||
| the reporting period |
(23,594) | 331,585 | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 802,859 | 471,274 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
779,265 | 802,859 |
| RECONCILIATION | RECONCILIATION | RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM | OF NET INCOME TO NET CASH FLOW FROM | OF NET INCOME TO NET CASH FLOW FROM | OPERATING | ACTIVITIES | |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Net income | for the | reporting | period (as per the Statement offinancial | |||||
| activities) | 92,333 | 363,845 | ||||||
| Adjustments | for: | |||||||
| Depreciation | charges | 3,282 | 3,378 | |||||
| Interest received | (620) | (1,146) | ||||||
| Decrease/(increase) | in | work in | progress | 56,778 | (40,383) | |||
| (Increase)/decrease | in | debtors | (216,275) | 23,171 | ||||
| Increase/(decrease) | in | creditors | 40,288 | (6,761) | ||||
| Net cash (used in)/provided | by operations | (24,214) | 342,104 | |||||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | |||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||||
| Net cash | ||||||||
| Cash at bank | 802,859 | (23,594) | 779,265 | |||||
| 802,859 | (23,594) | 779,265 | ||||||
| Total | 802,859 | (23,594) | 779)265 |
| for the year ended 31March 2022 | for the year ended 31March 2022 | for the year ended 31March 2022 | for the year ended 31March 2022 | |||
|---|---|---|---|---|---|---|
| 2. | DONATIONS AND LEGACIES |
|||||
| 2022 | 2021 | |||||
| 8 | ||||||
| Donations | 13,798 | 22,405 | ||||
| 3, | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| Deposit account interest | 620 | 1,146 | ||||
| INCOME FROM | CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Activity | ||||||
| Legal Aid &Costs | ||||||
| Recovered | Provision oflegal services and advice | 323,140 | 440,670 | |||
| Grants | Provision oflegal services and advice | 284,776 | 408,624 | |||
| 607,916 | 849,294 | |||||
| Grants received, included | in the | above, are as follows: | ||||
| 2022 | 2021 | |||||
| Trust for London | 38,500 | 38,500 | ||||
| Hackney Parochial | Charities | 30,000 | ||||
| London Borough ofHackney | 115,000 | 115,000 | ||||
| National Lottery Fund (Reaching Communities) | 101,276 | 110,924 | ||||
| Law Centres Network | 140,000 | |||||
| Access to Justice Foundation | 4,200 | |||||
| 284)776 | 408,624 | |||||
| 5, | RAISING FUNDS | |||||
| Raising donations | and legacies | |||||
| 2022 | 2021I | |||||
| Website costs | 500 | 50 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| g | |||||
| Staffcosts | 446,359 | 416,953 | |||
| Accommodation costs |
23,528 | 23,666 | |||
| Other support costs | 55,614 | 64,331 | |||
| 525,501 | 504,950 | ||||
| 7. | SUPPORT COSTS | ||||
| Governance | |||||
| costs | |||||
| Provision oflegal services | and advice | 4,000 | |||
| Other | |||||
| 2022 | 2021 | ||||
| 8 | |||||
| Support | Total | ||||
| costs | activities | ||||
| Practicing certificates Staffwelfare Telephone |
2,454 2,031 6,783 |
2,107 1,955 10,487 |
|||
| Postage, printing, stationery &publicity Travelling &volunteers' expenses |
9,318 | 8,845 78 |
|||
| Computer accessories, software &support Professional subscriptions, course fees &library Accountancy Miscellaneous expenses Recruitment &training Legal &professional fees Depreciation offixtures &fittings |
9,749 9,911 3,500 4,489 4,097 3,282 |
12,466 10,060 3,500 5,229 3,538 2,688 3,378 |
|||
| 55,614 | 64,331 | ||||
| . | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2022 | 2021 | ||||
| Auditors' remuneration Depreciation - owned assets |
4,000 3,282 |
4,000 3,378 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Wages and salaries | 387,646 | 364,530 | |||
| Social security costs | 36,628 | 33,520 | |||
| Other pension costs | 22,085 | 18,903 | |||
| 446,359 | 416,953 | ||||
| The average monthly | number ofemployees | during | the year was as follows: | ||
| 2022 | 2021 | ||||
| Legal Advisors | 8 | 8 | |||
| Administrative | 3 | 3 |
| Fixtures | ||
|---|---|---|
| and | ||
| fittings | ||
| COST | ||
| At | 1 April 2021 and 31 March 2022 | 75,971 |
| DEPRECIATION | ||
| At | 1 April 2021 | 64,160 |
| Charge for year | 3,282 | |
| At | 31 March 2022 | 67,442 |
| NET BOOK VALUE | ||
| At | 31March 2022 | 8,529 |
| At | 31March 2021 | 11,811 |
| 12. | WORK IN P | RO | GRESS | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Work in Progress | 140,996 | 197,774 | |||||
| 13. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | ||||||
| g | |||||||
| Trade debtors | 290,117 | 80,960 | |||||
| Prepayments | 16,629 | 9,511 | |||||
| 306,746 | 90,471 | ||||||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||
| Trade creditors | 27,193 | 6,547 | |||||
| VAT | 269894 | 8,253 | |||||
| Other creditors | 450 | 69 | |||||
| Accrued expenses | 7,760 | 7,140 | |||||
| 62,297 | 22,009 | ||||||
| 15. | MOVEMENT IN FUNDS | ||||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.21 | in funds | funds | 31.3.22 | ||||
| g | |||||||
| Unrestricted | funds | ||||||
| General fund |
580,906 | 92,333 | (300,000) | 373,239 | |||
| Staff contingency | fund | 100,000 | 100,000 | ||||
| Premises fund |
400,000 | 300,000 | 700,000 | ||||
| 1,080,906 | 92,333 | I)173,239 | |||||
| TOTALFUNDS | 1,080,906 | 92,333 | 1,173,239 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General | fund | 452,558 | (360,225) | 92,333 |
| Restricted funds | ||||
| Hackney | Parochial Council | 30,000 | (30,000) | |
| Trust for | London | 38,500 | (38,500) | |
| National | Lottery Fund (Reaching | |||
| Communities) | 101,276 | (101,276) | ||
| 169,776 | (169,776) | |||
| TOTAL | FUNDS | 622,334 | (530,001) | 92,333 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.20 | in funds | funds | 31.3.21 | |||
| 5 | ||||||
| Unrestricted funds |
||||||
| General fund Staff contingency |
fund | 252,061 100,000 |
378,845 | (50,000) | 580,906 100,000 |
|
| Premises | fund | 350,000 | 50,000 | 400,000 | ||
| Restricted funds |
702,061 | 378,845 | 1,080,906 | |||
| Hackney | Parochial | Council | 15,000 | (15,000) | ||
| TOTAL | FUNDS | 717,061 | 363,845 | 1,080,906 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
f. | ||
| General fund |
579,221 | (200,376) | 378,845 |
| Restricted funds | |||
| Hackney Parochial Council Trust for London National Lottery Fund (Reaching |
38,500 | (15,000) (38,500) |
(15,000) |
| Communities) LCN Justice Fund for Covid-19 Specialist |
110,924 | (110,924) | |
| Services Funder Plus Scheme &Covid-19 Response |
140,000 4,200 |
(140,000) (4,200) |
|
| 293,624 | (308,624) | (15,000) | |
| TOTAL FUNDS | 872,845 | (509,000) | 363,845 |
| DETAILED STATEMENT OF FINANCIAL ACTIV | ITIES | |||
|---|---|---|---|---|
| for the year ended 31March 2022 | ||||
| 2022 | 2021 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 13,798 | 22,405 | ||
| Investment income |
||||
| Deposit account interest | 620 | 1,146 | ||
| Charitable activities |
||||
| Legal Aid &Costs Recovered | 323,140 | 440,670 | ||
| Grants | 284,776 | 408,624 | ||
| 607,916 | 849,294 | |||
| Total incoming resources |
622,334 | 872,845 | ||
| EXPENDITURE | ||||
| Raising donations and legacies |
||||
| Website costs | 500 | 50 | ||
| Charitable activities |
||||
| Wages &locums | 387,646 | 364,530 | ||
| Social security | 36,628 | 33,520 | ||
| Pensions | 22,085 | 18,903 | ||
| Rates and water | 4,557 | 4,557 | ||
| Insurance | 4,966 | 5,755 | ||
| Light and heat | 3,142 | 2,184 | ||
| Repairs, renewals &maintenance | 10,863 | 11,170 | ||
| Practicing certificates | 2,454 | 2,107 | ||
| Staffwelfare | 2,031 | 1,955 | ||
| Telephone | 6,783 | 10,487 | ||
| Postage, printing, stationery &publicity Travelling &volunteers' expenses |
9,318 | 8,845 78 |
||
| Computer accessories, software &support |
9,749 | 12,466 | ||
| Professional subscriptions, |
course fees &library | 9,911 | 10,060 | |
| Accountancy | 3,500 | 3,500 | ||
| Miscellaneous expenses Recruitment &training Legal &professional fees Depreciation offixtures & |
fittings | 4,489 4,097 3,282 |
5,229 3,538 2,688 3,378 |
|
| 525,501 | 504,950 | |||
| Support costs | ||||
| Governance costs |
||||
| Auditors' remuneration |
4,000 | 4,000 | ||
| Total resources expended | 530,001 | 509,000 | ||
| Net income | 92,333 | 363,845 |