## **COMPANY NUMBER:**
**3031652**
## **SUBCO TRUST**
**(A company Limited by Guarantee)**
## **DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
**SOKHI & ASSOCIATES LTD**
**CHARTERED CERTIFIED ACCOUNTANTS 86B ALBERT ROAD**
**ILFORD**
**ESSEX IG1 1HR**
## **SUBCO TRUST**
## **COMPANY INFORMATION**
|**Company Number:**|3031652|
|---|---|
|**Directors:**|Mr S Kangesan|
||Ms J B Patel|
||Mr A Patel|
||Ms N Shah|
|**Secretary:**|Mr S Kangesan|
|**Registered Office:**|49 Plashet Road|
||Upton Park|
||London E13 0QA|
|**Accountants:**|Sokhi & Associates Ltd|
||Chartered Certified Accountants|
||86B Albert Road|
||Ilford|
||Essex|
||IG1 1HR|
## **SUBCO TRUST**
## **REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **CONTENTS**
||**Page**|
|---|---|
|Management Committee Report|1|
|Independent Examiners Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes|10|
|Detailed Profit and Loss Account|13|
**SUBCO TRUST**
## **REPORT OF THE MANAGEMENT COMMITTEE**
## **FOR THE YEAR ENDED 31 MARCH 2023**
The Trustees, who are Directors for the purposes of company law, are pleased to submit their report including the financial statements of the Charity for the financial year to 31[st] March 2023.
The accounts have been prepared in accordance with the accounting policies set out in the accounts and comply with the Charity’s governing document, applicable law and the requirements of the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ Regulations 2005 (Revised 2008).
## **Structure, Governance and Management**
## **Governing Document**
SubCo Trust is registered as a company limited by guarantee and is governed by its Memorandum and Articles of Association.
The Company was incorporated on 10[th] March 1995 as SubCo Elders Day centre and changed it’s name to SubCo Trust on 7[th] October 2004 and was registered as a charity on 31[st] March 1995. The company registration number is 3031652 and the charity registration number is 1045237.
## **Appointment of Trustees**
As set out in the Articles of Association, the Directors are elected at the Annual General Meeting, with the Chair appointed by the Board of Directors. The Directors of the organisation are also the charity Trustees, for the purposes of charity law.
## **Trustee Induction and Training**
New Trustees are provided with relevant documentation including the Articles and Memorandum of Association. They receive an induction which includes familiarisation with the Charity’s aims and objectives, organisational structure, policies and procedures and Trustees’ responsibilities and meet with the Chair and Chief Executive to obtain more background information. We have developed brief job descriptions /an overview of responsibility for the Chair/ Vice-Chair and Treasurer roles. Trustees take part in annual Away Days to review progress and shape future work.
## **Organisational structure**
The company is organised so that the Trustees meet regularly to manage its affairs. Trustees are members of diverse Asian communities, with different Asian language skills, and have a range of professional, management and business skills from the statutory, voluntary and private sectors. Experience includes managing housing schemes, running businesses, involvement at senior management level, and experience of the health and social care sector.
Page 1
**SUBCO TRUST**
## **REPORT OF THE MANAGEMENT COMMITTEE**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **Related parties**
The charity has developed relationships with statutory and voluntary sector organisations with which it co-operates in pursuit of its charitable objectives. This includes making and receiving referrals, supporting frail Asian elders to access mainstream services, undertaking joint training, running, and attending activities and events to give information and share good practice, and offering student placements.
## **Risk management**
The Trustees undertake regular risk assessments and reviews of all the Charity’s activities.
## **Public benefit statement**
Subco Trust provides a range of benefits and activities to the public as it seeks to improve the lives of people from diverse Asian communities who are residing in the UK and are experiencing need, hardship, or distress.
## **Objectives and Activities**
Subco was founded in 1993 to address the unmet needs of vulnerable Asian elders and Carers in Newham, one of the poorest areas of the UK. Since that date, we have pioneered innovative, culturally, and linguistically appropriate services to meet their health needs.
Subco provides an integrated, flexible day opportunities program, with an exciting and stimulating range of activities and support. This includes:
- Dementia Services
- Information, Advice and Advocacy
- Intergenerational Work
- Health and Well-being Workshops
- Events and Trips
- Support for Carers
- End of Life Planning
- Covid19 Emergency Support for Vulnerable People
- Local Heritage
In all these areas of work we seek to put Asian elders and Carers at the heart of our organisation and ensure their continuing involvement in policy development and delivery of services.
The Asian elders and Carers we work with have a range of long-term health conditions, for example, diabetes, heart disease, stroke, memory loss and dementia, hearing loss, arthritis, depression, cancer, and often several of these conditions. With its friendly, experienced and qualified staff team, Subco now has a strong track record and many years’ experiences of providing services to Asian elders with these complex long-term conditions and disabilities.
Page 2
## **SUBCO TRUST**
## **REPORT OF THE MANAGEMENT COMMITTEE**
## **FOR THE YEAR ENDED 31 MARCH 2023**
Subco has many working partnerships and referral routes in and out of all its services. We work closely with:
The Staywell Partnership, West Ham Foundation Trust, East London NHS Foundation Trust, Bart’s Health, Compass Wellbeing, Newham Clinical Commissioning Group and receive referrals from GP’s and health practitioners and Adult Social Care Services, London Borough of Newham, Healthwatch Newham, Compassionate Funerals, the 150 Club, Compassion in Dying, Good Grief Connects, Trust, the Wisteria, Eastside Community Heritage, The Renewal Programme, Age UK East London; East London Textiles, Selwyn School, Newham Work Experience Team (School pupils placed by various Secondary Schools in Newham), Newham Community College, University College London, University of Bristol, University of East London, Grossdale Vocational Institute, Investors in People, Race Equality Foundation, Hibiscus, Ascension Community Trust, Royal Docks Learning & Activity Centre, Trinity Centre, Newham African Caribbean Resource Centre, Newham Chinese Association, Newham Skills Enterprise, Bonny Downs Community Association, Cody Dock, Xyla Health, REIN, Ankh, Together with Music, West Ham Foundation Trust, Caribbean International Football Club, Party Invitation - East Ham, Barkat Caterers, Newham CAB, Newham Social Welfare Alliance, Newham Food Alliance, Compost London, One Newham, Newham Connect Food Banks, Newham Heritage, Newham Co Production Forum, Fair Share, The Felix Trust, The Trussell Trust, The National Lottery, Awards for All, Dunhill Medical Trust, B & Q Beckton, Fonehouse Forest Gate.
Joint work undertaken includes making and receiving referrals, signposting, case assessments and reviews, strategic involvement. As well delivering services together and enhancing our expertise. These partnerships and joint working help us to expand services for Asian elders and Carers, both improving our own services and improving access to others.
Page 3
**SUBCO TRUST**
## **REPORT OF THE MANAGEMENT COMMITTEE**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **Achievements and Performance**
The current year involved readapting after Covid to provide services that responded to challenges by supporting residents as well as providing projects and activities to the most vulnerable in our communities. We provided Advice Information and Advocacy, Befriending and reestablished face to face support groups to Asian elders and Carers as well as Warm Havens and Meals in response to the Cost-of-living crisis:
- 4,731 Meals to vulnerable people and their families
- 5,066 Advice, Advocacy, and Information
- 2,848 Guidance and Signposting
- 256 Support Group Sessions
- 20 Parties/Events
- 16 Consultation Events
- Reviewing current systems, databases, publicity
- Identify staff and volunteers and continuing to deliver services vital to individuals
In addition, we were able to:
- Engage with partners from across the statutory, faith and voluntary sectors
- Continue and develop training around end-of-life care issues, building future partnerships
- Rebuilding our intergenerational work with schools and colleges
- Develop our Website and Social Media presence
- Continue the Mentoring Programme with Asian elders and Carers
- Developing Partnerships
- Expand our services to meet the needs of Newham’s Vulnerable Communities
## **Future Developments**
## **The focus for the year 2023-2024 will be to:**
- To seek funding to continue capacity building repurposing services for recovery
- To continue to review our internal structures and systems to ensure they continue to meet best practice
- Review our service delivery in the short and mid term
- Continue to incorporate personalisation good practice into all our work
- Maintain our programme of preventative work, delivering health and wellbeing activities. Working with other organisations, this will include sessions for older people from mixed communities, to break down barriers and challenge stereotypes
- To develop our Mental Health and Wellbeing Programme
- To explore avenues to continue our work with older Asian Carers
- To continue to implement our End-of-Life Work and Advance Planning work
- To continue to review our transport in response to the changing needs of service users
- Celebrate Subco reaching our 30 years of operations
Page 4
**SUBCO TRUST**
## **REPORT OF THE MANAGEMENT COMMITTEE**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **FINANCIAL REVIEW**
## **Reserves policy**
Subco is working towards a Reserves Policy of the equivalent of up to 6 months’ running costs to serve as a safeguard against any unexpected shortfall in income or increase in expenditure income, which will vary year to year.
## **MEMBERS OF THE MANAGEMENT COMMITTEE**
Mr A Patel Chairperson Mrs J Patel Vice Chairperson Mr S Kangesan Treasurer Mrs N Shah Secretary
## **RESPONSIBILITIES OF THE MANAGEMENT COMMITTEE**
The Management Committee (who are also directors of Subco Trust for the purposes of company law) are responsible for preparing the Management Committee Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Management Committee to prepare financial statements that give a true and fair view of the situation of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the Management Committee is required to:
- select suitable accounting policies and apply them consistently.
- observe the methods and principles in Charities SORP.
- make judgments and estimates that are reasonable and prudent.
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in existence.
The Management Committee is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
So far as the Management Committee is aware, there is no relevant information of which the company's examiner are unaware, and each director has taken all steps that he ought to have taken as a director in order to make himself aware of any relevant information and to establish that the company's examiner are aware of that information.
Approved by the management committee & signed on its behalf by:
________________ Mr A Patel
Page 5
**SUBCO TRUST**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE MANAGEMENT COMMITTEE OF SUBCO TRUST**
## **FOR THE YEAR ENDED 31 MARCH 2023**
We report on the accounts which are set out on pages 7 to 14.
## **Respective responsibilities of the management committee and examiner**
The management committee is responsible for the preparation of the accounts. The management committee consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the charity is not subject to an audit under company law and is eligible for independent examination, it is our responsibility to:
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
To keep accounting records in accordance with section 386 of the Companies Act 2006; and
To prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the account to be reached.
........................................ Dated: 6 November 2023 R S Sokhi FCCA Sokhi & Associates Ltd Chartered Certified Accountants 86B Albert Road Ilford Essex IG1 1HR Page 6
**SUBCO TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST MARCH 2023**
||||**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Unrestricted**|**Income**|**Funds**|**Funds**|
|||**Funds**|**Funds**|||
|||||**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
|**Incoming resources**||||||
|Grants & Contracts|2|
-|360,386|360,386|231,404|
|Donations & Other Similar Income||14,774|-|14,774|7,078|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Total incoming resources**||14,774|360,386|375,160|238,482|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Resources used**||||||
|Direct Charitable Expenditure||81,859|186,370|268,229|208,037|
|Other expenditure||11,551|50,455|62,006|113,720|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|Total resources used||93,410|236,825|330,235|321,757|
|Gross transfers between funds||(78,636)|78,636|-|-|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Net movement in funds**||-|44,925|44,925|(83,255)|
|**Total funds brought forward**||75,000|78,746|153,746|237,021|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Total funds carried forward**||£ 75,000|£ 123,671|£198,671|£ 153,746|
|||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
Restricted income: contracts/grants taken forward to be spent in the new financial year.
The company has made no acquisitions nor discontinued any operations within the meaning of Financial Reporting Standard 3 during the year therefore turnover and operating income derive from the principal activities of the company.
The company has no recognised gains or losses other than the profit for the financial year.
The annexed notes form part of these financial statements.
Page 7
## **COMPANY NUMBER:3031652**
## **SUBCO TRUST**
## **BALANCE SHEET**
## **AT 31 MARCH 2023**
||**Note**|**2023**||**2022**||
|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|3||46,723||55,123|
|**Current assets**||||||
|Debtors|4|22,205||0||
|Cash at bank and in hand||149,598||172,524||
|||**––––––––**||**––––––––**||
|||171,803||172,524||
|**Creditors**||||||
|Amounts falling due within||||||
|one year|5|(19,855)||(73,901)||
|||**––––––––**||**––––––––**||
|**Net current assets**|||151,948||98,623|
|||**––––––––**||**––––––––**||
|**Total assets less current liabilities**|||198,671||153,746|
|||**––––––––**||**––––––––**||
|**Net assets**||£|198,671|£|153,746|
|||**––––––––**||**––––––––**||
|**Capital and reserves**||||||
|Restricted reserves|||123,671||78,746|
|Unrestriced reserves|||75,000||75,000|
|||**––––––––**||**––––––––**||
|**Shareholders' funds**||£|198,671|£|153,746|
|||**––––––––**||**––––––––**||
For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 6 November 2023 and signed on its behalf.
................................................... Mr A Patel
The annexed notes form part of these financial statements.
Page 8
## **SUBCO TRUST**
## **STATEMENT OF CHANGES IN EQUITY**
## **FOR THE YEAR ENDED 31 MARCH 2023**
||**Other**|**Restriced**|**Total**|
|---|---|---|---|
||**Reserve**|**Reserves**|**Equity**|
||**£**|**£**|**£**|
|**Balance at 1 April 2021**|75,000|78,746|153,746|
|**Changes in equity**||||
|Total comprehensive income|(78,636)|123,561|44,925|
||**––––––––**|**––––––––**|**––––––––**|
|**Balance at 31 March 2022**|(3,636)|202,307|198,671|
||**––––––––**|**––––––––**|**––––––––**|
|**Changes in equity**||||
|Total comprehensive income|78,636|(78,636)|-|
||**––––––––**|**––––––––**|**––––––––**|
|**Balance at 31 March 2023**|£ 75,000|£ 123,671|£ 198,671|
||**––––––––**|**––––––––**|**––––––––**|
Page 9
## **SUBCO TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## 1. **Statement of compliance**
These financial statements have been prepared in accordance with the provisions of Section 1A 'Small entities' of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There were no material departures from the standard.
## 2. **Accounting policies**
## **Basis of preparing the financial statements**
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below.
These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## **Cashflow statement**
The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cashflow statement on the grounds that it is a small company.
## **Grants**
Revenue grants are allocated to period to which they relate.
## **Tangible fixed assets**
Tangible fixed assets are stated at cost less depreciation
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold improvements 10% reducing balance basis Motor vehicles 25% reducing balance basis Fixtures and fittings 20% straight line
## **Leasing**
Rentals paid under operating leases are charged to the profit & loss account on straight line basis over the term of the lease. Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Page 10
**SUBCO TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2023**
## 2. **Income**
**----- Start of picture text -----**
2023 2022
Unrestricted Restricted Total Total
Funds Funds Funds Funds
£ £ £ £
Day Care 156,790 156,790 144,424
Dunhill Medical Trust 9,462
Age UK (Winter Pressures) 72,354 72,354
Compass Wellbeing – Dementia 56,120 56,120
Race Equality – Dementia 500 500
The Mercers Company 39,785 39,785
LBN – Meals Warm Spaces 10,000 10,000
Compassion in Dying 10,000 10,000
LBN – Connect Newham 33,712
Awards for All 9,997 9,997
LBN – Recovery Grant Covid 1 3,810
LBN – Mental Health 9,952
Vibrance Personal Budget 4,840 4,840 6,160
LBN – Heritage Legacy 8,000
LBN – Discretionary Grants 11,684
University of East London 4,200
Newham Community 2,240 2,240
Income From Meals Service 7,195 7,195 163
Donations 1,695 1,695 6,222
Miscellaneous Income 3,644 3,644 693
----------- ----------- ----------- -----------
14,774 360,386 375,160 238,482
======= ======= ======= =======
**----- End of picture text -----**
## 3. **Tangible fixed assets**
|**Land**
**Plant**
**and**
**and**
**Buildings** **Machinery**
**£**
**£**
Cost:
At 1 April 2022
89,834 146,798
Additions
0 1,351
**–––––––** **–––––––**
At 31 March 2023
89,834 148,149
**–––––––** **–––––––**
Depreciation:
At 1 April 2022
74,399 107,110
Charge for the year
1,544 8,207
**–––––––** **–––––––**
At 31 March 2023
75,943 115,317
**–––––––** **–––––––**
Net book value:
At 31 March 2023
£ 13,891 £ 32,832
**–––––––** **–––––––**
At 31 March 2022
£ 15,435 £ 39,688|**Total**
**£**
236,632
1,351
**–––––––**
237,983
**–––––––**
181,509
9,751
**–––––––**
191,260
**–––––––**
£ 46,723
**–––––––**
£ 55,123|
|---|---|
**––––––– ––––––– –––––––**
Page 11
## **SUBCO TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2023**
|4.
**Debtors**
**2023**
**£**
Due within one year:
Grants receivable
20,205
Other debtors
2,000
**––––––**
£22,205
**––––––**
5.
**Creditors - amounts falling due within one year**
**2023**
**£**
Other creditors
19,855
Deferred Income – Compass Wellbeing Grant
0
**–––––––**
£ 19,855
**–––––––**|**2022**
**£**
0
0
**––––––**
£ 0
**––––––**
**2022**
**£**
17,781
56,120
**–––––––**
£ 73,901
**–––––––**|
|---|---|
Page 12
## **SUBCO TRUST**
## **DETAILED TRADING AND PROFIT AND LOSS ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|||**2023**|||**2022**|
|---|---|---|---|---|---|
||**£**||**£**|**£**|**£**|
|**Grants**||||||
|Vibrance Personal Budget|||4,840||6,160|
|University of East London|||0||4,200|
|Age UK (Winter Pressures)|||72,354||0|
|Dunhill Medical Trust|||0||9,462|
|LBN - Meals Warm Spaces|||10,000||0|
|LBN - Connect Newham|||0||33,712|
|LBN - Recovery Grant Covid 1|||0||3,810|
|LBN - Mental Health|||0||9,952|
|LBN - Heritage Legacy|||0||8,000|
|LBN - Discretionery Grant|||0||11,684|
|Awards For All|||9,997||0|
|Compass Wellbeing - Dementia|||56,120||0|
|Race Equality - Dementia|||500||0|
|Newham Community|||2,240||0|
|The Mercers Company|||39,785||0|
|Compassion in Dying - Good Grief Connect|||10,000||0|
|Miscellaneous income|||3,644||694|
|Donations|||1,695||6,221|
|Day Care|||156,790||144,424|
|||**––––––––**|||**––––––––**|
||||367,965||238,319|
|**Miscellaneous Other Operating Income**||||||
|Income from Meals Service|||7,195||163|
|||**––––––––**|||**––––––––**|
||||375,160||238,482|
|**Overheads**||||||
|Other Administrative Costs|330,235|||321,757||
||**––––––––**|||**––––––––**||
|||(330,235)|||(321,757)|
|||**––––––––**|||**––––––––**|
|**Profit/(Loss) on ordinary activities**||£|44,925||£ (83,275)|
|||**––––––––**|||**––––––––**|
Page 13
## **SUBCO TRUST**
## **SCHEDULE OF OVERHEAD EXPENSES**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|||**2023**|**2022**|
|---|---|---|---|
||**£**|**£**|**£**
**£**|
|**Other Administrative Costs**||||
|Salaries and National Insurance|81,859||84,932|
|Other Staff Costs|5,968||9,202|
|Light & Heat|1,175||2,349|
|Rent & Rates|15,440|
|17,755|
|Printing, Postage and Advertising|1,375||2,314|
|Telephones and Fax|3,434||5,536|
|Insurance|7,598||9,877|
|Licences and Subscriptions|9||263|
|Cleaning & Pest Control|1,028||2,111|
|Travel, Trips & Holiday expenses|594||395|
|Vehicle Running Expenses|2,996||10,648|
|Luncheon Club Expenses|5,790||5,475|
|Legal, Professional & Consultancy Fees|2,121||3,375|
|Bank Charges|0||120|
|Sundry|0||48|
|Covid 19 PPE|0||63|
|Repairs & Maintenance|1,127|
|30,662|
|Staff Training|1,800||167|
|National Lottery - Covid 19|0|
|31,152|
|Dunhill Medical Trust|0||21,306|
|Compass Wellbeing - Dementia|54,736||0|
|The Mercers Company|31,573||0|
|Age UK Winter Pressure|19,342||0|
|LBN - Connect Newham|42,496|
|33,712|
|Compassion in Dying-Good Grief Connects|10,000||0|
|Donations|0||6,171|
|Daycare Covid 19|2,614||5,130|
|LBN - Hot Meals Warm Havens|7,850||0|
|Awards for All|10,448||3,244|
|University of East London|2,808||2,800|
|LBN - Covid Recovery 1|0||3,813|
|LBN - Mental Health|0||9,943|
|UCL Eval Exchange|0||756|
|LBN - Heritage Grant|4,001||4,077|
|LBN - Carers Grant|502||1,001|
|Accountancy|1,800||1,800|
|Depreciation|9,751||11,637|
|Profit on disposal of Assets|0||(77)|
||**–––––––**||**–––––––**|
|||330,235|321,757|
|||**–––––––**|**–––––––**|
|**Total overhead expenses**||£330,235|£321,757|
|||**–––––––**|**–––––––**|
Page 14