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||||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|2023|2022|
||||||6|f|||
|Income|||||||||
|Trading Activities|||||2,422||2.422|4,198|
|Charitable|activities||||126,664|190,076|316.740|293,540|
|Donations|||||1,080||1.080|746|
|Investments|||||1,006||1.006|397|
|Total|||||131,172|190.076|321,248|298,881|
|Expenditure|||||||||
|Raising funds|||||1,737||1,737|1,658|
|Charitable|activities||||153,390|174,811|328,201|340,856|
|Total|||||155,127|174,811|329,938|342,514|
|Net income/(ex||penditure)|||||||
|before transfers|||||(23.955|15,265|8,690 -|43,633|
|Transfers between|||funds||10,665|10,665|||
|Net movement||in funds|||(34,620)|25,930|(8,690)|(43.633)|
|Reconciliation||of funds:|||||||
|Total funds|brought||forward||232.031|15.824|247,855|291,488|
|Total funds|carried||forward:||197.411|41.754|239,165|247,855|
##
##
||||Total Funds|Total Funds|
|---|---|---|---|---|
|||Notes|2023|2022|
||||E|f|
|Fixed Assets|||||
|Tangible
Assets||13|||
|Total Fixed Assets|||||
|Current
Assets|||||
|Debtors||14|8,516|15,886|
|Cash at bank and in|hand||266,767|298,626|
|Total Current
Assets|||275,283|314,512|
|Creditors:
Amounts
due within one year|falling|15|~(36. 3|(66,659)|
|Net Current
Assets/(Liabilities)|||(36.122)|66,659)|
|Total Assets less Current|||||
|Uabilities|||239.163|247,853|
|Total Net Assets or Liabilities|||239,165|247.855|
|Funds ofthe Charity||16|||
|Restricted
Funds|||41,752|15,824|
|Designated
Funds|||50,773|51,438|
|Unrestricted
Funds|||146,640|180,593|
|Total Funds|||239.165|247,855|
##
##
|a)|Basis of preparation||||
|---|---|---|---|---|
||The financial
statements
have been prepared
in accordance with Accounting
and||||
||Reporting
by Charities:
Statement of Recommended
Practice applicable to charities||||
||preparing
their accounts
in accordance with the Financial
Reporting Standard||||
||applicable
in the UK and Republic of Ireland
(FRS102) (effective I January 2019)-||||
||(Charities SORP (FRS102)),and the Companies
Act 2006||||
||The charity
meets the definition of a public benefit entity under
FRS 102. Assets|and|||
||liabilities are initially
re«ognised
at historical cost or transaction
value unless otherwise||||
||stated
in the relevant
accounting
policy note(&)||||
|b)|Fund accounting||||
||Unrestricted
funds are available for uie at the discretion ofthe Trustees
in furtheran«e||of||
||the objectives of the charity. These include grants given under services level agreements.||||
||Restricted
funds are funds which are used in accordance with spedilic restrictions|imposed|||
||by donort which have been raised by the charity for particular
purposes.
The aim||||
||and use of each restricted
fund
is set out in the notes to the financial
statements.||||
|c)|Incoming
Resources||||
||All incoming
resources are included
in the Statement of Finan«ial
Activies when||||
||the charity
is legally entitled to the income and the amount
can be quantified
with||||
||resonable
accuracy.||||
|«I)|Resources expended||||
||All expenditure
is accounted
for on an accruals basii and has been included
under|expenses|||
||categories that aggregate
all costs for allocation to activities. Where staff are wholly engaged|||on|
||direct charitiable
or other work their salaries and associated
costs are allocated
directly||to the||
||appropriate
activity. Salaries and auociated
costs incurred
in respect of support work are||||
||allocated to the different
funds and activities on a basis ofestimates
prepared
by|the staff.|||
||Fundraising
costs are those in«urred
in connection
with trading
activites,
including||||
||associated
support costs.||||
||Support costi are those incurred
directly
in support ofchartiable
activities.||||
||Governance
costs are those incurred
in connection
with enabling
the charity to comply||with||
||external
regulation,
constition
and statutory
requirements
and in providing
support to||the||
||trustees
in the discharge oftheir statutory
duties.||||
|e)|Tangible fixed assets||||
||Individual
fixed assets costing E1000or more
are capitalised
at cost and are depreciated||||
||over their estimated
useful economic
lives. No depreciation
is provided
ona ssets|which|||
||have not yet been bought into use.||||
||Leashold premises
Over the term of the lease: 21 years||||
||Equipment,
F&F
Over 3 years||||
|g)|Operating
Lease||||
||Rental applicable to operating
leases where substantially
all of the benefits
and
risks of||||
||ownership
remian
with the lessor are charged to the SOFA as incurred.||||
||Pensions||||
||The charity operates
a defind contribution
pension
scheme and the pension
charge||||
||representi
the amounts
payable
by the charity to the fund
in respect ofthe year.||||
##
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total|Total|
|Royal Borough of Kensington||||6 Chelsea|||||
|Core funding||||52,000|||52,000|48,000|
|Advice &information||||47,738|||47.738|47,738|
|Disability
Connect||||26,000|||26,000|26.000|
|Lifelong Learning||||926|||926|11,575|
|National
Lottery||||||26056|26,056|16.727|
|Accesr to work||||||1392|1,392|16,290|
|City Bridge Trust||||||61700|61,700|30,400|
|Kensington
&Chelsea||||||63576|63,576|52,902|
|Trust for London||||||37352|37.352|38,581|
|Disability Action Covid 19||||||||5,327|
|||||126.664|190076||316,740|293540|
|In 2022 total income||of6293,540 «ornprise of 6154,900of restricted
income and||||f138,640|||
|of unrestrcited
income.|||||||||
|3b Income from trading|||activities||||2023|2022|
|||||Unrestricted|Restrcited||Total|Total|
|Training &conrultancy||||565|||565|2398|
|Other||||1.857|||1,857|1800|
|||||2,422|||2,422|4,198|
|4Costs ofgenerating||voluntary||income|||||
||||||||2023|2022|
|||||Unrestricted|Restrcited||Total|Total|
|Wages &Salaries||||1.495|||1,495|1,495|
|Support|Costs|||242|||242|163|
|||||1,737|||1,737|1.658|
|5 Charitable
activities|||||||||
|Wages &Salaries||||111,265|101,898||213,163|238.061|
|Accounting
Services||||8,959|9,298||18,257|17,524|
|Newsletter
&publicity||||1.503||219|1,722|1.710|
|Travel &Volunteers|expenses|||311||98|409|38|
|Subscdiptions
&publication||||580||147|727|596|
|Activities||||300|42.631||42,931|38,575|
|Meetings &forums||||8,585||87|8,672|7,545|
|Insurance||||1,964|1,628||3,592|3,076|
|Other||||200|||200|251|
|Premises costs||||5.859|5,492||11,351|11,606|
|Office services||||9,299|13,126||22,425|14,992|
|Amortization
& Depreciation|||||||||
|||||148,825|174,624||323,449|333,974|
|Governance
(see note||5)||6,565||187|6,752|6.882|
|||||155,390|174.811||330,201|340,856|
##
|6Governance
Costs|6Governance
Costs||||||
|---|---|---|---|---|---|---|
|Wages 6 Salaries|||1,495||1 495|1,495|
|Accounting
Servi«es|||2,026||2.026|1,947|
|Independent|examiner's|fee|2,277||2.277|1.400|
|Accountancy|Fee by examiner|||||1,240|
|Annual
report|&AGM||214|187|401|420|
|Support «osts|||553||553|380|
||||6,565|187|6.752|6,882|
||||2023||2022|
|---|---|---|---|---|---|
||||6||E|
|Salaries and wages|||195,545||220,141|
|Social security costs|||11,791||14,013|
|Pension costs|||6,817||6,897|
||||214,153||241,051|
|Charitable
activities|||211,163||238,061|
|Generating
funds|||1,495||1,495|
|Governance|||1,495||1,495|
|numbers ofemployees|was|(2022 - 11).No employee|earned more than 660,000p.a.|||
|sets||||||
||||Building|||
||||Resour«e|Furniture 6||
||||Centref|Equipment
f|TOTAL
f|
|Cost:||||||
|As at I April 2022|||388,992|69,436|458.428|
|Additions||||||
|As at 31 March 2023|||388,992|69.436|458,428|
|Depreciation:||||||
|As at I April 2022|||388,991|69,435|458,426|
|Charge for the year||||||
|As at 31 March 2023|||388.991|69,435|458,426|
|Net book value||||||
|As at I April 2022||||||
|As at 31 March 2023|||I|I||
##
##
|&prepayments|||
|---|---|---|
||2023|2022|
||E||
|Sundry debtors|6,269|8.318|
|Grants receivable||4.633|
|Prepayments|2,248|2,935|
||8,517|15.886|
##
##
##
||||Balance|Movement||in funds|Balance|
|---|---|---|---|---|---|---|---|
||||01.04.2022|Transfers|In year||31.03.23|
|Building||||||||
|premises
replacement||||||||
|Equipment
replacement|||16,088||||16.088|
|Redecoration|fund|||||||
||||16,088||||16,088|
|Contingency||||||||
|Staff fund|||15,000|10,000||(10,865)|14,135|
|Funding
Contingency|||10,350||||10,350|
||||25.350|10,000|-|10,865|24.485|
|Development||||||||
|Technology|updates|fund|5,000||||5,000|
|New project|start-up|costs|5,000||||5,000|
||||10,000||||10.000|
|Total Designated
Funds|||51,438|10,000||10.865|50,573|
|General
Unrestricted||Funds|180.593|10,000||(14,342)|156,251|
##
||Balance|Movement|in funds|in funds||Balance|
|---|---|---|---|---|---|---|
||01.04.2022|Incoming||Expeniture|Transfers|31.03.23|
|Building reserve|||||||
|Acceu to work|||1,392|1,392|||
|Trust for London & KC Legal Advice|6.121|58,296||45,446||18,971|
|City Bridge Trust||61,700||51,493||10,207|
|Kensington 6 Chelsea Foundation|||||||
|Rethe Young Peoplds Manifesto|||||||
|for Kensington
&Chelsea|6,000|||||6,000|
|National
Lottery||26.056||19,482||6,574|
|Kensington
&Chelsea Foundation|||||||
|Self Care Service||42,631||42.631|||
|Hands across the Borough|3.702|||3.702|||
|Volunteering||||10665|10665||
||15,824|190,075||174.811|10.665|41,753|
|||11|||||
|15 Analysis of net auets by fund||||||
|---|---|---|---|---|---|
||Unrestricted|Restricted||Total||
|Fixed Assets|I||I||2|
|Net Assets|197,411||41,754||239165|
||197412||41755||239167|
##
##
##