## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## PLATFORM: LONDON Independent Auditors, Report To Tho Membgrs Matt•rs on whlch we are requSred to report by •xcoptFon the audit. we have not id8nlifi8(l rnalerial misststements in the dlrectors, report ir*Fuded wilhin the truste8s' report. We have nothing to r0POrt in res￿1 of the folowiTrJ matters in relation to which Ihè Companies Act 2006 roquires u8 to report lo you if, in our opinion.. adequate accounting rècolds have w)1 been kept, or retums adeoual¢ for our audjl have not been r8c&ivg(1 from br3￿heS not visited by us: or the finarrial statements are not in agreement wth th8 accountlng records and relums,. or certain disclosurgs of trustees, remunerdlion specified by law are not m8de- or we have Mt rècefv*d all thg inforrnation and explanatSons we require for our audit- or the trusteeswere not &ntitlÈd to prèpare the financial stslemenls in accordan¢ewilh the small compank$ ￿￿*Me and tske advantb38 of the Small companies, ex8mplions in preparin9 the trustees, ￿pOrt and from tho requirement to prèpare a Str810g￿ report. R•sponslbllltlfrs of tru8te8s Asexplained moreffijlty in the Iwsleg$' rosponsibilibes stslement, the trustees (who are alsothe dtrectorsofthe charitable company for the purposes of company lawl are r&sponsible for the preparab'ijn of the financial slattsments and for beir satisfied that they gwe a true and fairview. and for such inlemal control 8$ the trustees detemiine Is ne¢essary to enab the preparatton of financkil statements that are freo fr¢)m m818ri81 misstslemenL whether to fraud or error. In prop8ring Ih? financial stslements, the trustees are r&sw)nslbl& for assossing the charftable comp8ny's abilty to continue as a goi￿ concem, discjosing, as applicable, matters related to wing concem and usiThJ the gtyny ¢oncem ba&s of acciwntiNJ unless the I￿￿eeS either intend to liquidate the charitabk ¢xmpany or to cease opèr8tK)ns, or have no realK8tic altèmalivè but lo (k) so. Audltorfs r•8ponslbllltl•s for thè audlt of th¢ financlal Btatemonts Chjr objectives are to oblain ￿aSOnabl@ assur8nce about whether the financ¢al statements as a whde are free from rn8terial misstatement, whether duè to fraud or err()r, and lo issue an audiior's report that includes our opinion. Reasonable assurdnce is a high level of assurance. but is not 8 guarantee that an audit conduct8d in accordance with ISAS IUKI will always detect a material misststèmenl wh9n il exists. Misstatements can aris8 from fraud or error and are eonsidere(I material rf, indivKJually or in the aggregate, they could r8ason8bly be expected to influgncg the econom deci4ions of u59rs tsken on the basis of Ihese flnancial statemonls. Irregularities, including fraud, are instances of norrfcthpllance ¥￿th laws and regulations. We desi9n procedures in line ith our rèsponsibilibÈs, outsingd above, to detect material misstatements in respect of irregularities. including fraud. The specific procedures for Ihis eryJ8gement and the extent to which these are (*pabl¢ of detscting iTregularikn"ès, irtluding fra￿￿ is detailed b•low'. Enquiry of management and Ihoso chafged wlh govemance around actual and potenb'al liligation and clalms as well as actual. suspected and alkg8d fraud,. Reviewing minules of meetsrrfJs of those charged with govemance; Assessng the exaent of compliance with the laws and r9gulalions C￿sIdered to have a direct matwial effect on the financial statements or the operations ol Ihe company Ihiough enquiry and inspection,. Revigwing financial statement disclosures and testing lo suppoitirvj docurDtrntatson to assass ¢ompliance with appli¢able18ws and r¢gulalions- Porfoming audit wovk over the risk of management bias and override of controls, includlThJ testing of loum81 entrles and other 8djustm*nts for appropriateness, evaluating the businèss r8tion8le of signiflcanl transa¢lions out&de Ihe norn)al cours8 of business and r8viewirwJ accounting estimates for Ind￿torS of potential bias. Because of Ihe inherent limitalions of an audit, Ihere is a rtsk th8t we wll Th)t detect all Irregularit￿5, irKluding those leading to a materfal misstatement In the financial ststemenls or non-¢omplianc8 with regulalon. Thls risk increases Ihe more that ctsmpliance with 8 Liw or wulation is removed from the évènts and transactions refle¢tsd in the financial *lemtrnls, as we will be less likely to become aware of instances of non-compllance. The risk is also 9￿8181 regarding irregularitlès o¢curring duè to fraud ralher than error. as fraud involves Intèntional concealment, forgory. ¢ollusion. omkincome|||627||627|48| |Total incoming|resources||113,501|844,527|958,028|654,264| |Expenditure
on||||||| |Charitable
activities|||223,111|716,258|939,369|771,412| |Net incoming|resources before transfers||(109,610)|128,269|18,659|(117,148)| |Transfers|||165,558|(165,558)||| |Net movements
in funds|||55,948|(37,289)|18,659|(117,148)| |Funds brought|forward|||||| |at 1 April 2022||15A/16A|205,468|39,522|244,990|362,138| |Funds carried|forward|||||| |at 31 March 2023||15A/16A|261,416|2233|263,649|244,990| ## ## |As at 31 March|2023|||||||| |---|---|---|---|---|---|---|---|---| |||||||Company|number:|2658515| |||||Notes|2023||2022|| |Fixed assets||||||||| |Tangible assets||||||6,068||3,583| |Current assets||||||||| |Debtors||||10|167,103|112,181||| |Cash at bank and in|hand||||423,954|548,906||| ||||||591,057|661,087||| |Creditors: Amounts|falling|||||||| |due within one year||||11|(333,476)|(308,448)||| |Net current assets||||||257,581||352,639| |Total Assets less current||Liabilities||||||356,222| |Creditors:
Amounts|falling||due after|12||(111,232)||| |more than one year||||||||| |NET ASSETS||||||263,649||244,990| |Represented
by:||||||||| |Restricted funds||||15/15A||2,233||39,522| |Unrestricted
funds:||||||||| |General reserve||||16/16A||261,416||205,468| |Total funds||||||263,649||244,990| ## ## |||||Notes|2023|2022| |---|---|---|---|---|---|---| |Cash flows from operating|activities:|||||| |Cash generated
from operations||||20|(120,205)|147,349| |Net cash provided
by (used in) operating|||activities||(120,205)|147,349| |Cash flows from investing|activities:|||||| |Purchase oftangible
fixed assets|||||(5,374)|(4,236)| |Interest received|||||627|48| |Net cash provided
by (used in) investing|||activities||(4,747)|(4,188)| |Change
in cash and cash equivalents||in|the|||| |reporting
period|||||(124,952)|143,160| |Cash and cash equivalents|at the beginning|||||| |ofthe reporting
period|||||548,906|405,745| |Cash and cash equivalents|at the end|of|the reporting|||| |period|||||423,954|548,906| |Cash and cash equivalents|consist of:|||||| |Cash at bank and in hand|||||423,954|548,906| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Charitable|activities|Direct|Support|| |---|---|---|---|---| |||Costs|Costs|Total| |||f|(note 5)f|f| |Operating|costs|827,612|111,757|939,369| |5.|Support costs||||Other|Governance|| |---|---|---|---|---|---|---|---| ||||||f|Costsf|Totalf| ||Operating
costs||||103,857|7,900|111,757| ||Support costs included|||in the above, are as follows:|||| |||||||2023f|2022f| ||Rent & rates|||||20,378|17,606| ||Telephone||||||40| ||Computer costs|||||49,099|24,695| ||Printing,
postage|&stationery||||561|1,493| ||Consultancy|||||1,230|9,079| ||Accountancy|||||5,206|12,264| ||Legal & Professional||Fees||||5,688| ||Training costs|||||13,174|20,992| ||Insurance|||||3,549|3,114| ||Sundry|||||2,259|3,548| ||Bank charges|||||354|532| ||Depreciation
oftangible|||fixed assets||2,889|4,937| ||Expenses|||||5,158|11,218| ||Governance costs:||||||| ||Auditors
remuneration|||||7,900|7,760| ||Trustees expenses||||||| |||||||111,757|122,966| ## ## |Staff costs||2023
f|2022f| |---|---|---|---| |Wages and salaries||434,984|354,261| |Social security costs||43,337|27,634| |Pension contributions||24,607|21,406| |Termination
payments|||25,000| |||502,928|428,301| |The number ofemployees|in the year was:|Number|Number| |Full-time equivalent||17|14| ## ## ## |7.
Net incoming|resources|||2023|2022| |---|---|---|---|---|---| |||||E|E| |Net incoming|resources are stated|after charging:|||| |Depreciation||||2,889|4,937| |Auditors'
remuneration||||7,900|7,760| |8.
Comparatives|for the statement|offinancial|activities (2022)||| ||||Unrestricted|Restricted|| ||||Funds|Funds|2022| ||||E|E|E| |Income from|||||| |Donations|||2,580|37,607|40,187| |Grants &fees receivable|||37,762|576,267|614,029| |Investment
income|||48||48| |Total incoming
resources|||40,390|613,874|654,264| |Expenditure
on|||||| |Charitable
activities|||(21,368)|792,780|771,412| |Net incoming
resources before transfers|||61,758|(178,906)|(117,148)| |Transfers|||(32,253)|32,253|| |Net movements
in funds|||29,505|(146,653)|(117,148)| |Funds brought
forward|||||| |at 1 April 2021|||175,963|186,175|362,138| |Funds carried forward|||||| |at 31 March 2022|||205,468|39,522|244,990| ## ## |9.|Tangible fixed assets|Tangible fixed assets||| |---|---|---|---|---| |||||Equipment| ||Cost|||| ||At 1 April 2022|||11,594| ||Additions|||5,374| ||At 31 March 2023|||16,968| ||Depreciation|||| ||At 1 April 2022|||8,011| ||Charge for the year|||2,889| ||At 31 March 2023|||10,900| ||Net book value|||| ||At 31 March 2023|||6,068| ||At 31 March 2022|||3,583| |10.|Debtors||2023|2022| ||Trade Debtors||8,979|32,571| ||Other debtors and prepayments||138,124|59,610| ||Accrued income||20,000|20,000| ||||167,103|112,181| |11.|Creditors:
Amounts|falling||| ||due within one year|||| ||Trade Creditors||5,237|16,945| ||Social security and other taxes||5,214|15,098| ||Other creditors||11,490|7,500| ||Accruals and deferred|income (note 12)|311,535|268,905| ||||333,476|308,448| |12|Creditors: Amounts|falling after one year||| ||Accruals and deferred|Income||111,232| |||||111,232| ## ## |13.|Deferred|income||||| |---|---|---|---|---|---|---| ||Balance|at 1 April|2022||371,796|120,618| ||Amount|released|into incoming|resources|(371,796)|(120,618)| ||Amount|deferred|in the year||302,975|371,796| ||||||302,975|371,796| ||Deferred|income|relates to income received during the year in advance ofexpenditure|||occurring.| |14.|Allocation ofthe||charity net|assets||| |||||Fixed|Net|| |||||Assets|Assets|Total| ||Restricted funds||||2,233|2,233| ||Unrestricted
funds|||6,068|255,348|261,416| |||||6,068|257,581|263,649| |14A.|Allocation ofthe||charity net|assets —Prior Year||| |||||Fixed|Net|| |||||Assets|Assets|Total| ||Restricted funds||||39,522|39,522| ||Unrestricted
funds|||3,583|201,885|205,468| |||||3,583|241,407|244,990| ## ## ## ## ## |16.|Unrestricted|funds|||||| |---|---|---|---|---|---|---|---| ||||Balance|Incoming|Resources||Balance| ||||01.04.22|resources|Expended|Transfer|31.03.23| ||General reserve||205,468|113,501|(223,111)|165,558|261,416| ||||205,468|113,501|(223,111)|165,558|261,416| |16A.|Unrestricted|funds —Prior Year|||||| ||||Balance|Incoming|Resources||Balance| ||||01.04.21|resources|Expended|Transfer|31.03.22| ||General reserve||175,965|40,390|21,368|(32,253)|205,468| ||||175,965|40,390|21,368|(32,253)|205,468| ## ## ## ||||Land and|Building| |---|---|---|---|---| ||||2023|2022| |At the 31|March 2023, the charity had total commitments|under an operating||| |lease as follows:||||| |Expiring:||||| |Less than|1 year||4,670|4,245| ## ## |20.|Reconciliation
of|net|income/(expenditure)|income/(expenditure)|to net|cash|flow|from|from||| |---|---|---|---|---|---|---|---|---|---|---|---| ||operating
activities||||||||||| |||||||||||2023|2022| ||Net income/(expenditure)||for the reporting|period|(as per|the|statement||of||| ||financial
activities)|||||||||18,659|(117,148)| ||Adjustments
for:||||||||||| ||Depreciation|||||||||2,889|4,937| ||Interest received|||||||||(627)|(48)| ||(Increase)/Decrease|in trade debtors||||||||(54,922)|16,574| ||Increase/(Decrease)|in trade creditors||||||||(86,204)|243,034| ||Net cash provided|by (used in) operating||activities||||||(120,205)|147,349|