## ## |Trustees||||Tahir Latif (Chair)|| |---|---|---|---|---|---| |||||Ella Ravilious|| |||||Kate Towner (Treasurer)|| |Company|Registration||Number|02658515|| |Charity Registration||Number||1044485|| |Registered|Office|||Oxford House|| |||||Derbyshire
Street|| |||||London E2 6HG|| |Auditors||||Azets Audit Services|| |||||Chartered
Accountants|| |||||2nd Floor, Regis|House| |||||45 King William Street|| |||||London EC4R 9AN|| |Bankers||||The Co-operative|Bank pic| |||||80 Cornhill|| |||||London EC3V 3NJ|| |Insurers||||Naturesave|| |||||58 Fore Street|| |||||Totnes|| |||||Devon TQ9 5RU|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## PLATFORM: LONDON Independent Audltors. Report To Tho Members R•sponslbllll188 of trustees A3 explained more fully In the tru$lees' responsibilit￿$ Statement. the trustees Iwl)o a￿ also the directors of the clk41it3bkg mpany for tt)e purpose$ of Company lawl 81e responsible for th8 prep8r8tx)n of the financKg1 staten*nts an(1 for being satisfied Ihai ihey give a twe and fair vw, arKJ for such intemal Control as th& tsustees deterrnine 1$ ne￿$Sary to en8tle t preparavon of financlal statements Ihat a￿ free from rnaterial ffli5StaterÉnt. whetr*r due to fraud or e￿r. In preparing Ihe financval stslemenls. the trustees are respons￿￿ for assessi￿ the charitable company's abillty to ￿thu8 a5 a going con￿rn, disdosing, as applir2ble, matters rdated ￿ wing corKern arKI using the going COnc￿M basis of accountlng urless tho tru$tees elther intend lo liquKJote tharitable cornpaThy or to cease operat￿n5, or have no realL%ts'¢ alternètive but to do so. Auditor'5 r85ponslbllltJes lor the audK ot the Ilnon¢ial s￿￿m*hts r objectives are to obtsth reasonable assuran￿ Jbtyjl whether Ihe financkql statements as 8 whole ore free from mater*1 mL8s1aternent, wheiher dL* 10 fraud or error. 8nd to Issue an 8udrtorfs report Ihat include5 our opinion. Reasonable assurance ks a high level of 8ssurance, but is Mt a guar8ntÈ& that an audit ¢yMlucled In 8Ctordan¢e wilh ISAS IUKI will 8lways d818cI a matefSal misstslement when il *xi%ts. Mi$51alernents can 8r¢5e frorn fraud or eTror and are consklered material if, indiV￿uallY or in ¢he aggregate. they D)uld reaSon8￿Y be expected lo InfkJen¢e the economK deti$ions of users tsken on the basis of these financial sl8lem&nts. Irre9uLgrilies, Includlng fraud, are In$tan¢es of ￿n￿On￿l￿anCe wllh laws and regulatsons. We deskJn prO￿￿ra$ In li￿ wth our responsiblliles, ou11n￿ above, to delect ffl8t8fkg1 rnisstatemenls kn f&8P8cI of irregularitses. irtbjding frèud. The specir pro￿ureS for this wgagerrEnt and the eXt￿t to which these are Gapable of detectw irregularit*5. induding fraud L8 detsiled bdow.. Enquiry of ￿Anagen￿nI aThJ th0$8 Ctsr￿d 4wth g¢>Vwt￿nc8 around adual and wlentval IllhJatK)n and daims as well as actual. suspected and alleggj fraud.. ReVI￿n9 tninutes of rrEelings of th)se charged wth govemance." Assessino the extent of cornplKgnce with tha laws and regulalons consKJ¥ed to have a direct maknal effect on the fin8ncHI slètem8nts or the opwalorts of the company thrO￿h enquiry and inspect￿n., Reviewing finanrAal S￿frrnent disclosures atsj teslng to supportiw doujmentstion to assess compl￿1r￿ with applicablg la￿ aN1 lo9￿a￿on$,. Perforrning audit work over the risk of management bias and overrKle of conlrd5. including testing ofjoumal entri85 and other adjustments for approprf8teness, evaluatiry the bu51ne55 rationale of s1grslf￿ant transa¢iion5 outshJ8 Ihe course of busin8ss revlwr¥J a¢¢(4Jniwig esiimate$ for indKators of pol8nti81 b￿$. 8e¢ause of the inherent limits1ior￿ of an 8udil, tr*re 8 risk that we not delecl all irre9uLgribes, includity those I88ding to a nwleri81 misstalemenl in the finarKial staterr￿ts or non.rnrnplranc8 wlh reguLqtk)n. Thi$ risk In¢r08se5 Ihe more that corylkgnc8 wlh a 18w or regulation 1$ removed from Ihe even15 and Irdnsactb?ns renacted In the fingnGral slatements, as we %MII be bss likely 10 beco￿￿ aware of instances of ￿n-cOMpl￿8ncÈ. Thè ri$k i4 also ￿tater regarding irreguLgribPS (Kcurring Oue b fraud rauw Ihan error. os fraud involve8 intent￿n31 ttjncealment, forgwy. ￿lI￿S￿n. omission or miSrÈwe5ental￿n. A further desuiptK)n of our rewnsiblitse$ 6 availableon the Financtal Repgrbng Council's website 8t." http$.'IIwM.frC.org.uV(XJr-WorklAuditlALMJit-and-a$5ura￿elSt8ndardS-8ndg1klancelS&￿ard$-a￿d-gUIdanCe-10r- auditorslAuditors-￿s￿brn$ib¢rrt*fOr-audIvDeS¢rlPt￿jn-of-S￿rtor$-re$pQn$ty11ities-fOr-a￿dIt.aspM. This descriptE￿ part of our auditor'$ report. John Howard (Senivr sio￿tOry Audilorl For on behalf ol Azels Audit Servic8S ChartW8d Accountants ststutory Audrtor 2ThY Floor, R89is H(yJse 45 kirvJ Willian Street London EC4R 9AN Dale i ? >0" , 12 ## ## |||Unrestricted|Restricted||| |---|---|---|---|---|---| ||Notes|Funds|Funds|2021|2020| |||E|E||E| |income from|||||| |Donations||3,119|1,571|4,690|8,643| |Grants
&fees receivable||76,114|637,915|714,029|452,152| |Investment
income||1,034||1,034|1,729| |Total incoming
resources||80,267|639,486|719,753|462,524| |Expenditure
on|||||| |Charitable
activities||115,355|537,095|652,450|461,207| |Net incoming
resources before transfers||(35,088)|102,391|67,303|1,317| |Transfers||45,604|(45,604)||| |Net movements
in funds||10,516|56,787|67,303|1,317| |Funds brought forward
at 1 April 2020|14A/15A|165,447|129,388|294,835|293,518| |Funds carried forward|||||| |at 31 March 2021|14/15|175,963|186,175|362,138|294,835| ## ## ## |As at 31 March|2|021||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Com|an|number:|2658515| ||||Notes||2021||||2020|| |Fixed assets||||||||||| |Tangible assets||||||4,284||||750| |Current assets||||||||||| |Debtors|||10|128,755||||27,054||| |Cash at bank and|in|hand||405,745||||337,345||| |||||534,500||||364,399||| |Creditors: Amounts||falling||||||||| |due within one year|||11|(176,646)||||(70,314)||| |Net current assets||||||357,854||||294,085| |||||||362,138||||294,835| |Represented
by:||||||||||| |Restricted
funds|||14/14A|||186,175||||129,388| |Unrestricted
funds:||||||||||| |General reserve|||15/15A|||175,963||||165,447| |Total funds||||||362,138||||294,835| ## ## |||||Notes|2021|2020| |---|---|---|---|---|---|---| ||||||E|| |Cash flows from operating|activities:|||||| |Cash generated
from operations||||19|73,524|(123,081)| |Net cash provided
by (used in) operating|||activities||73,534|(123,081)| |Cash flows from investing|activities:|||||| |Purchase of tangible
fixed assets|||||(6,158)|(1,200)| |Interest received|||||1,034|1,729| |Net cash provided
by (used in) investing|||activities||(5,124)|529| |Change
in cash and cash|equivalents|in|the|||| |reporting
period|||||68,400|(122,552)| |Cash and cash equivalents|at the beginning|||||| |ofthe reporting
period|||||337,345|459,897| |Cash and cash equivalents|at the end|of|the reporting|||| |period|||||405,745|337,345| |Cash and cash equivalents|consist of:|||||| |Cash at bank and
in hand|||||405,745|337,345| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Support costs|||Other|Governance|| |---|---|---|---|---|---| |||||Costs
f|Total| |Operating
costs|||56,244|5,483|61,727| |Support costs included|in|the above, are as follows:|||| |||||2021|2020| |Rent 8 rates||||16,171|17,207| |Telephone|||||2,052| |Computer costs||||15,955|16,166| |Printing,
postage
& stationery||||672|751| |Consultancy||||3,250|| |Accountancy||||5,274|1,334| |Training costs||||6,190|1,392| |Insurance||||2,273|2,496| |Sundry||||3,418|215| |Bank charges||||417|194| |Depreciation
oftangible|fixed assets|||2,624|450| |Governance costs:|||||| |Auditors
remuneration||||5,320|5,200| |Trustees expenses||||163|| |||||61,727|47,457| |Staff costs||||2021|2020| |||||E|| |Wages and salaries||||388,841|306,447| |Social security costs||||29,458|22,932| |Pension contributions||||23,464|18,276| |||||411,763|347,655| |The number of employees||in the year was:||Number|Number| |Full-time
equivalent||||14|| ## ## ## ## ## |7.|Net incoming
resources|Net incoming
resources|||2021|2020| |---|---|---|---|---|---|---| ||Net incoming
resources are stated||after charging:|||| ||Depreciation||||2,624|450| ||Auditors'
remuneration||||5,320|5,200| |8.|Comparatives
for the statement||offinancial activities|(2020)||| |||||Unrestricted|Restricted|Total| |||||Funds|Funds|Funds| ||||||E|E| ||Income from|||||| ||Donations|||8,643||8,643| ||Grants
&fees receivable|||2,345|449,807|452,152| ||Investment
income|||1,729||1,729| ||Total|||12,717|449,807|462,524| ||Expenditure
on|||||| ||Charitable
activities|||85,875|375,332|461,207| ||Total|||(73,158)|74,475|1,317| ||Transfers|||54,658|(54,686)|| ||Net income|||(18,500)|19,817|1,317| ||Total funds brought|forward||183,947|109,571|293,518| ||Total funds carried|forward||165,447|129,388|294,835| |9.|Tangible fixed assets|||||| |||||||Equipment| ||Cost|||||| ||At 1 April 2020|||||1,200| ||Additions|||||6,158| ||At 31 March 2021|||||7,358| ||Depreciation|||||| ||At 1 April 2020|||||450| ||Charge for the year|||||2,624| ||At 31 March 2021|||||3,074| ||Net book value|||||| ||At 31 March 2021|||||4,284| ||At 31 March 2020|||||750| ## ## ## |10.|Debtors||||2021|2020| |---|---|---|---|---|---|---| ||||||f.|E| ||Trade Debtors||||100,656|| ||Other debtors and|prepayments|||26,099|1,554| ||Accrued income||||2,000|25,500| ||||||128,755|27,054| |11.|Creditors:
Amounts||falling|||| ||due within one year|||||| ||Trade Creditors||||35,422|| ||Social security and other taxes||||7,810|7,813| ||Other creditors||||7,596|45,656| ||Accruals and deferred||income|(note 12)|125,818|16,845| ||||||176,646|70,314| |12.|Deferred income|||||| ||Balance at 1 April|2020|||10,294|154,335| ||Amount
released|into|incoming|resources|(10,294)|(144,041)| ||Amount
deferred|in the year|||120,618|| ||||||120,618|10,294| ||Deferred income|relates to income received|||during the year in advance of expenditure|occurring.| |13.|Allocation ofthe|charity net||assets||| |13.|Allocation|ofthe charity net assets|||| |---|---|---|---|---|---| ||||Fixed|Net Current|| ||||Assets|Assets|Total| |||||E|| ||Restricted|funds||186,175|186,175| ||Unrestricted|funds|4,284|171,679|175,963| ||||4,284|357,854|362,138| |13A.|Allocation|ofthe charity net assets - Prior Year|||| ||||Fixed|Net Current|| ||||Assets
f|Assets|Total
E| ||Restricted|funds||129,388|129,388| ||Unrestricted|funds|750|164,697|165,447| ||||750|294,085|294,835| ## ## ## |Restricted|funds|||||| |---|---|---|---|---|---|---| |||Balance|Incoming|Resources||Balance| |||01.04.20|resources|Expended|Transfer|31.03.21| |Energy Programme||85,510|234,145|(254,306)||65,349| |Education|and Arts Programme|43,878|120,340|(77,859)|(18,359)|68,000| |EU Horizon|2021, mpower||139,216|(108,981)|(27,245)|2,990| |Leap|||95,500|(63,164)||32,336| |Partner Organisations|||28,225|(10,725)||17,500| |Fraying Ties|||22,060|(22,060)||| |Projects||129,388|639,486|(537,095)|(45,604)|186,175| ## |Restricted funds —Prior Y|ear|||||| |---|---|---|---|---|---|---| |||Balance|Incoming|Resources||Balance| |||01.04.19|resources|Expended|Transfer|31.03.20| |Energy Programme||109,571|218,099|(202,511)|(39,649)|85,510| |Education
and Arts Programme|||52,667|(8,789)||43,878| |EU Horizon 2021, mpower|||144,041|(115,233)|(28,808)|| |Partner Organisations||||(69)|69|| |Switched on London/London|Leap||35,000|(48,730)|13,730|| |Projects||109,571|449,807|(375,332)|(54,658)|129,388| ## ## ## ## ## ## ## |Leasing|Agreements|||||| |---|---|---|---|---|---|---| ||||||Land and|Building| ||||||2021|2020| ||||||E|6| |At the 31|March 2021, the charity|had total commitments|under|an operating||| |lease as follows:||||||| |Expiring:||||||| |Less than|1 year||||16,171|16,333| |19.|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|to net cash flow|to net cash flow||| |---|---|---|---|---|---|---|---| ||from operating
activities||||||| |||||||2021|2020| ||||||||6| ||Net
income/(expenditure)
for the||reporting|period|(as per the||| ||statement
offinancial|activities)||||67,303|1,317| ||Adjustments
for:||||||| ||Depreciation|||||2,624|450| ||Interest received|||||(1,034)|(1,729)| ||(Increase)/Decrease|in trade debtors||||(101,701)|(22,498)| ||Increase/(Decrease)|in trade creditors||||106,332|(100,621)| ||Net cash provided|by (used in) operating||activities||73,524|(123,081)|