2022-03-31-accounts - Core Arts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Legal and Administrative Details
2-20	Directors' Report
21-23	Auditor's Report
24	Consolidated and Charity Statement of
	Pinancial Activities
25	Consolidated and Charity Balance Sheet
26	Consolidated cash flow statement
27-33	Notes to Accounts

Directors	Vivieune Havel)
	Gary Paul Molloy
	Stuart Edward Glyn Jones
	Mark Steven Salter
	Shaun Adams
	Ellen paith Wilietts (Appointed	15.09,2021)
Company Number	02985939
Charity Number	1043588
Bankers	HSBC
	34Mare Street
	London Eg 1HU
Auditors	Augustus dt Co
	Chartered Certified Accountant
	374Ley Street
	Ilford
	Essex IG14AE
	1 St Bamabas Terrace
	Homerton High Street
	Homerton
	London E96DJ
Business Address	1StBarnabas Terrace
	Homerton High Street
	Homerton
	London E96DJ

						Unrest	Desig-		Gmup	Group	Clau(ty	Charity
				biota		ricted	natcd	Rostricted	2022	2021	2022	2021
						Fund	Fund	Fund
									f,	I	8
Income and Expenditure
Incoming Resources
Incoming resosroes from		generamd
fuadsi
Volanhny income:
Donations				3		ID&168			10,168	2,656	10,168	2,656
Grants - others				4.2		100,000		190,410	290,410	264,554	290,410	264,554
Trading income				5		20400			20,500	19,400
Other operating income						921			921	D
Investment incoiae						20			20	95	20	95
						131,609	0	190,410	322,019	286,705	300,598	267,305
Incoming resources from		charitable
actlvltiesi
Barned income - contracts				4.1		48$,024		249,077	737,101	769,526	737,101	769,526
Bsrned income - others						lgv276			18476	15	18,276	24,315
Total Incoming Resources						63'/,909	0	439,487	1077,396	1,080,546 1,055,975		1,061,146
Expenditure
Fundraising th Publicity	costs ofgrants
and donations				7		18,582			1$.582	15,109	18,582	15,109
Trading Rxpeases				6		21,916			21,916	19,540
Charitable nativities-delivering			contracts	5		575,174		426,446	1,001,620	861,474 1,001,620		861,474
Total Expeaditure						615672	0	426,446	I,042,118896,123 I020,202			876,583
Net Income'(expenditure)		aad	net			22,237	0	13,041	35,278	184,423	35,773	184,563
movemeats in fends for	the year
Corporation tsx
Reconcigstlon offends
Total Funds Brought Fmvrard at			01/04/2021			1,759,726	210,000	294,080	&63,806	2.306,201 2,268,9II		2,311,166
Gains snd losses on revaluation offixed
assets for the charity's own use
Revision ofprior year balances										-188,660		-I88,660
Movement on revaluation	reserve					-3$,158			-3$,15$	-38,158	-3$,158	-38,158
Total Funds Carried Forward		at 31/03/2022				1&743,805	210,000	307,121	2,260,926	2.263 8D6 2266,526		2268911
The notes on pages 27to	33	foun	part ofthese	financial	statements

			Group	Gmup	Charity	Charity
		Note	2022	2021	2022	2021
					8	8
Fixed Assets
Tangible Assets		11	2,232,063	2,293,456	2432,063	yv293,456
Investments		12	2~2,063	2,293,456	5 5 2,232,0682,293,461
Current Assets
Debtors		13	298,615	382,069	308,165	3$9,558
Cash atBank snd in Fiend			566,937	4$5,948	552,071	471,082
			865,552	868,017	860,236	860,640
Credltorsi Amounts	falHng due
within oae	year	14	105,463	141,294	04,552	128,$17
Net Current Assets			760,089	726,723	765,684	731,823
Total Assets Less Current Liabilities			2,992,152	3,020,179	2,997,752	3,025484
Credltorm Amounts	falling due over	15	731,226	756,373	731,226	756,373
one year
Net Assets			2,260,926	2~3,806	2,266,526	236$,911
Represented By:
Restricted Funds		16	307,121	294,080	307 121	294,080
Nou-Charitable Trading Funds		17	-5,600	-5,105
Unrestricted Fimds		17	1,749,405	1,764,831	1,740,405	1,764,831
Designated Fund		17	210,000 2,260&926	210,000 2,263,$06	210,000 2~,526	210,000

Year ended 3tMarsh 202	2
				2022	2021
				0
Cash used in operating	activities
Net movemernt in funds				35,278	184,423
Add back depreciation				61,393	61,393
Deduct internet income
in investing activities				20	95
Deduct opening balances	revised				188,660
Deduct movement In revaluation				38,158	38,158
Decrease (increase) in debtors				83,454	34,620
Increase (decrease) in creditors				35,831	24 587
				500,540	78,090
Cash flows from Investing		activities
Interest income				20
Cash provided by (used	In) Investing
activities				20
Cash flows from financing		activities
Repayment of borrowing
Net movement in borrowing				25,147	23,069
Purchase offixed assets					2407
Cash used in financing	activities			25,547	285558
Increase (decrease) in cash		and cash
equivalents in the year				00,000	SS,II20
Cash and cash equivalents		atthe
beginning ofthe year				485,948	434,319
Total cash and cash equivalents			atthe end
ofthe year				588,937	485,848

2.Going Concern			for the year eodml 31Mar	for the year eodml 31Mar	for the year eodml 31Mar	for the year eodml 31Mar	for the year eodml 31Mar	ch 2022	ch 2022	ch 2022	ch 2022	ch 2022
The uuncev have csrefugy	rsvimmd		Ibegnnucfs forccsrb aad pmjcetioos					in Ibe light oftbo Covid I9pandemic, nnd					based
on mmewwd funding mceivad,		hsve	msseaahle axpcctsfkm gmr		the	group hm sdequsm			remurces looperate for the
foreseeable future.
Al the year md the gmup hss		net cunenl assets of2760,0&9end			net		assets	of62,260,926. The resulw for Ihe year shaw
the group hss been luofimble		end geaenmng		poxitnw csrh ilnws.
The uustees we constsntly	reviewing		fommsls snd Inking sppmpriete				actions to ensure		Ihe	cperstione continuc
without intenuption. Examples ofsctions taken include developing						new income strwuns			snd seeking lbrther funding				sources
Based on this information	snd	the supporting		action plans. the trustees have ereesomble expechmon that Ihe group								will
continue looperate in ils current fortn for Ihc				foreseeable future.
Therefore the gmup cootinues		ur adopt the going concern base			in preparing			iw financial	saeemeets.
				Chenty				Charity
				2022f				2021 2
3.Donations
Unrestrimed inconw				10,168				2,636
				I 160
				2022						2021
4 Income				Rastdclsd	Ulvsslrlctod			Dssignntsrl		elrlclml	Unsesbtctsd		Dsslgnntod
				2				0		2		6
Ai Earned Cnntmcm
Penmnel Budget Income							152,428				101,864
City8Hackney Mind							100,108				108,045
PHB Income
Landscape income EASTLNHScrmkurt							10,400
East london NHS Foundagon		Trust					150,000				150,000
Single Point Of Ermy (SPOE)				114,418						107,M7
The Learning Trust				33,150						35,077
Connect Hsctmey CVS										28,333
Royal Horbcugural Sochuy				11,600
NHS City8Hackney CCG	(Sport)			90,000
				240077		400,024			0	261,817	507,709
4,2Tnlat Gtumn
East End Communky Founua5on				2,900
Sported Foundauen Grant				200
Ako Foundation							05,000
Cgy Bridge Trust				473NO
The Pmdmtoo Trust											50,000
The Taums Tmst							5,000				5,000
Merchant Tsylors' Company				10,084						3,210
London Ccmmunily Response		Fund		10,000						18,7oo
Gmundwork London				11,S48						a,uao
Groundwom Londan Growback Greener										9,548
Leulhereegws' Company Chamsbm			Trust							5,000
Groundwork London Roof-lnp		Rain Gardening		10,000
Loumy COVID-19Response Fund				00,248						06,120
Uoyds Bank Trust										18,500
Community Atlmmdc GLA	Sport Unuse			17,302
Comic ReOel
				100410		100000			0	200554	55000			0

				2022	2022		2021
							6
Tredlsg tncome				20.500			19,400
Costofgelec Administration				3,600 13,316 21 M			1,767 ~17773 ~19 40
Opwegllg Pistil((Lcm)				-1,416			-140
Other income
3urptus/(Degett)				-495			-140
6. Cherltebh scgvltlee
			Unrest-	Designated ResMcted			Total	Total
			Ictad
							2022	2021
						R	R	R
Salaries			143,821			309,762	453,583	454,429
Employer's Nagan at Insurance			11,405			26,511	38,016	31,494
Employer's Pension			2,941			6,882	9,803	9,772
Services			24,766				74,755	9,925
Training			8,791				6,791	2,043
Insurance			4,772				4,772	4,879
Sessional Wodmrs	and Expenses		132,688			61,086	193,752	151,745
Equipment			6,115				6,115	1,735
Printing, Postage and Stationery			2,342				2,342	1,S18
Alarm Maintenance			2,802				2,602	2,418
Telephone			8,984				8,984	9,432
Subsariplions &Publkmtlons			13,000				13,000	9,180
Business Development							0	19,400
sPDE Other Expenses			420				420	281
Covld - 19Safety Expenses			3,000			312	3,312	4,539
Motor &Travsglng	Expenses		7,908				7,908	5,218
Building Expenses			45,070				53,062	42,327
Coneultancypees			3,657				3,657	3,035
Publlcily and Promotlan			89				89	521
HospRalily			2,526				2,626	975
Faod and Drink			2,973				2,973	3,182
General Admin			1,878				1,676	718
Bank Charges			853				653	2,039
Loan Interest			26,045				26,045	28,124
Rscrultmsnt Expenses			2,035				2,035	440
ITDevelopment			31,805				31,808	4,235
Payroll Cost			'l,859				1,859	1,247
Webeite			1,275				1,276	1,169
Events			80				60	0
Other projech			147			195	342	80
Horticultural Project			26000			6,626	31,626	9,850
Churah Garden			4,867				4,867	0
Care Design Pro)crt			864				884	2,080
Depo Project			2,400				2,400	9,090
Bad Debts			28,920				26,920	2,067
Governance costs (sse		note 5)	7,495				7,495	5,241
Depreciation - Freehold		Properly	15,274			7,000	22,274	22,274
Depreciation - F F &E			961				981	3,704
			575,174		0	42S	1,M1620	861 74

7,Irundra ising and Publicity	7,Irundra ising and Publicity	7,Irundra ising and Publicity	Unrest-	Designated	Designated	Restricted	Total	Total
			icted
							2022	202l
			8				5	$
Salaries			18,582				18,582	15,109
			1$,5$2			0	18582	15109
Ofthe 815,109in 2021,ag ofitwas			charged to unrestricted		funds,
			Unrest-	Designated		Restricted	Total	Total
			iotcd
							2022	2021
			5					5
8. Governance		costs
Salaries			3,295				3,295	2,161
Audit			2,000				2,000	2,000
Accountancy			2,200				2,200	2,080
			7495			0	7,495	6241
				Group			Group		Charity	Charity
9.StatYCosts				2022			2021		2022	2021
Salaries				4$9,315			4$3,393		475,450	469,538
Ihnployer's	National Insurance			3$,016			31,494		38,016	3'1,494
Pension Costs				9,803			9,772		9,803	9,772
				537,134			524 659		523379	~510 804
One employee		csrned in excess of550,000
The average number ofemployees			analysed by fucction		vvas:
				2022			2021
Charity					1$		17
Subsidiary	Undertakings				3		3
					21		20

11.Fixed Assets		Fortbe Yea	r Ended 3	1March 202	2
	Furnitum	Freehold	Motor	Machinery	Total
	Fixtures A	Property	Vehicles
	Btpdpm ant
Cost
At I April 2021	137,388	2,640,000	28,373	15,419	2,821,180
Addition					0
Revaluation					0
Disposal					0
At 31March 2022	137Q$8	2,640,000	28373	15,419	2,821,180
Depreclatlont
At IApr32021	131,151	352,782	28,373	15,419	527,725
Charge fortbe year	961	60,432			61,393
Disposal
At 31March 2022	132,112	413214	28,373	15,419	589 118
Net BookValue:
At 31March 2022	5776	7$6	0	0	32,063
At31March 2021	6,237	4287318	0	0	M93,456

12. Fixed Assot Investment	12. Fixed Assot Investment	12. Fixed Assot Investment	Suhsi dim y	Suhsi dim y
			Undertaking		Total
			Shares
				8
Cost
At31March	2021			5	5
At 31March	2020			I	I
The investment		represents 100%holding in both Cmu Design(London)		Ltd and	Com Landscapes Ltd, companies	which are
incorponaed	in	United Kingdom,
13. Debtors

				Gmup	Group	Charity	Charity
				2022	2021	2022f	2021
Trade Debtors				226,287	382,069	185,547	341,329
Other debtors				8,181		8,181
Prepayments				64,147		64,147
Amount	Owed BySubsidiury		Undmtal&ing			50,290	48,229
				298,6]5	382,069	308,165	389,55$
14. Creditors: Amounts		falling due within one year
				Gmup	Gmup	Charity	Charity
				2022	2021	2022	2021
Trade Creditors				31,$06	26,573	29,146	23,913
Amount	Received On Account			5,333	5 333
Ammmt	received in advance			224	224	224	224
Amount	Owed To Subsidlmy		Undertaking			5	5
Mortgage	Loan			51,193	51,193	51,193	51,193
Other Taxes Ik Social Security				463	24,921		23,753
Grants Received In Advaace				3,654	19,738	3,654	19,738
Acctmls				12,790	13,312	10,330	9,991
				~105 463	141394	94,552	128,817
				31

15. Creditors: Amounts	15. Creditors: Amounts	falling due over one year	falling due over one year	falling due over one year
				Group		Group			Charity	Charity
					2022	2022			2021	2021
					5				5	5
Mortgage Loan				731,226		731,226			756,373	756873
Loans
Repayable in five years or		more
Mortgage loan				731426		731,226			756,373	756,373
The mortgage loan	is scoured		by afust Bxed	legal charge with		full title guarantee			over the freehold pmperty		known as
The Barnabas Centre comprising I BtBamabas Terrace					and 109Homerton		High		Street London B96DJ.
16.Restricted Irunds
				Balaime		Movement		In	Resources			Balance
				at I April								at 31Maroh
				202]		Incoming			Incoming	Outgoing	Outgoing	2022
						Capital			Revenue	Capital	Revenue
										Depreoiation
										6
Single Point Of Entry (SPOE)									114,418		98,828	17,590
The Learning Trust									33,159		33.159
City Bridge Trust									47,040		47,040
Royal Horgcultum Society									1'1,500		11.500
NHS City &Hackney	CCG	(Sport)							90,000		90,000
East End Community	Foundation								2,900		2,900
Sported Foundation	Trust								200		200
tuferchant Taylors' Company									18,084		16,084
London Community	Response Fund								10,000		10,000
Groundwork London									11,548		11,548
Groundwork London	Roof-top Rain Gardening								16,000		4,452	11,548
Lottery COViD-19 Response			Fund						89,246		69,248
Community Atheistic	GLA Sport Unites								17,392		5,409	11,983
Comic Relief				21,080							21,080
Capital Grant for Property Purchase				273,000						7,000		268,000 0, 1