## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| ||||Notes|funds|funds|funds
I|funds
6| |INCOME FROM|||||||| |Donations
and gifts in kind||||46,126|35,000|81,126|78,671| |Charitable
activities|||||||| |Merton Advice, Adviceline
&Information||Services||394,000|75,000|469,000|458,200| |Lambeth
Advice, Adviceline
ik Information
Lambeth
Children's
Centre||Services||285,000
80,000|25,000|310,000
80,000|239,200
78,007| |Greater London
Authority
—Cost|of Living Advice||||54,000|54,000|| |Merton Cost of Living Advice
Lambeth
Living Well
Immigration
London &Quadrant
Housing
Lambeth
Council Tax Summons|Service|||34,359
30,176|50,000
49,900
42,000|50,000
49,900
42,000
34,359
30,176|50,000
20,000
56,083
30,000| |Merton
Disability Benefit
Help to Claim
Other Services and Projects||||25,000
45,768||25,000
45,768|20,000
121,107
77,895| |Investment
income||||1,857||1,857|43| |Other income||||7,757||7,757|773| |Total||||950,043|330,900|1,280,943|1,229,979| |EXPENDITURE ON|||||||| |Raising funds||||3,914||3,914|3,672| |Charitable
activities|||||||| |Merton Advice, Adviceline &Information
Lambeth
Advice, Adviceline &Information
Lambeth
Children's
Centre||Services
Services||383,268
354,366
71,633|104,429
49,680|487,697
404,046
71,633|456,483
341,353
70,851| |Greater London Authority
- Cost
Merton Cost of Living Advice
Lambeth
Living Well
Immigration
London &Quadrant
Housing
Lambeth
Council Tax Summons|of Living Advice
Service|||'15,943
28,223|54,960
24,057
47,371
41,879|54,960
24,057
47,371
41,879
45,943
28,223|15,504
17,185
64,145
31,364| |Merton
Disability Benefit
Help to Claim
Other Services and Projects||||23,317
29,603|287
22|23,317
287
29,625|34,737
120,820
74,375| |Other|||||||(53,985)| |Total||||940,267|322,685|1,262,952|1,176,504| |NET INCOME||||9,776|8,215|17,991|53,475| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward||||353,601|79,562|433,163|379,688| |TOTAL FUNDS CARRIED FORWARD||||363,377|87(777|451I154|l33 163| ## ## |||2023|2022| |---|---|---|---| ||Notes|f|f| |CURRENT ASSETS|||| |Debtors|15|43,022|42,433| |Cash at bank||'l52,080|467,776| |||495,102|510,209| |CREDITORS|||| |Amounts
falling due within one year|16|(42246)|(74376)| |NET CURRENT ASSETS||452 856|435I833| |TOTAL ASSETSLESSCURRENT LIABILITIES||452,856|435,833| |PENSION lIABILITY|19|(1,702)|(2,670)| |NET ASSETS||451,154|433,163| |FUNDS|18||| |Unrestdicted
funds||363,377|353,601| |Restricted
funds||87,777|79,562| |TOTALFUNDS||451~154|433s163| ## ## |||Notes|2023|2022I| |---|---|---|---|---| |Cash flows from operating
activities
Cash generated
from operations||1|(17,553)|117,393| |Net cash (used in)/provided|by operating|activities|(17,553)|117,393| |Cash flows from investing
Interest received|activities||1,857|43| |Net cash provided
by investing
activities|||1,857|| |Change
in cash and cash
the reporting
period|equivalents|in|(15,696)|117,436| |Cash and cash equivalents
beginning ofthe reporting|atthe
period||467,776|350,340| |Cash and cash equivalents
the reporting
period|atthe end|of|452,080|467,776| ## ## ## |RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OPERATING|ACTIVITIES|| |---|---|---|---|---|---|---| ||||||2023f|2022| |Net income forthe reporting
Financial
Activities)||period (as per the Statement|of||17,991|53,475| |Adjustments
for:
Interest
received|||||(1,857)|(43)| |(Increase)/decrease
(Decrease)/increase
Difference behveen|in debtors
in creditors
pension
charge and cash mntributions||||(589)
(32,130)
(968)|47,864
23,968
(7,871)| |Net cash (used in)/provided||by operations|||(17,553)|117,393| |ANALYSIS OF CHANGES IN||NET FUNDS||||| ||||Ai|1/4/22|Cash flow
I|At 31/3/23
f| |Net cash||||||| |Cash at bank and
in|hand|||467,776|(15,696)|452,080| |||||467,776|(15,696)|452,080| |Total||||467,776|(15,696)|452,080| |MAIOR NON-CASH|TRANSACTIONS|||||| |Donated facilities||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATIONS
AND GIFTS IN RIND||| |---|---|---| ||2023f|2022
f| |Gifts in kind|41,540|41,540| |Donations|39,586|37,131| ||81,126|78,671| |INVESTMENT INCOME||| ||2023f|2022| |Deposit account interest|1,857|43| ## ## ## |Income from grants and contracts:|||||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| ||||||||I| |Income from Generalist
advice:|||||||| |Unrestricb. d|||||||| |London Borough of Merton
—Generalist
London Borough of Lambeth
—Generalist
Google Ads (benefit
in kind)|||advice services
advice services|||355,000
241,000
78,000|385,000
201,000
76,400| |||||||674,000|662,400| |Income from other projects:|||||||| |Unrestdicted|||||||| |London Borough of Lambeth
—Children's
Centre
London Borough of Merton
—Disability
Benefit
London &Quadrant
Pound
Advice||||||80,000
25,000
34,359|78,007
20,000
56,083| |Clarion
Housing
Wimbledon
Guild||||||18,000|7,500
9,500| |Merton
EU Settlement
Scheme|||||||21,750| |Lambeth
Council Tax Summons
Service||||||30,176|30,000| |Lambeth
EU Settlement
Scheme|||||||25,000| |Other services and projects||||||32,768|14,145| |||||||220,303|261,985| |Restricted|||||||| |Greater London
Authority
—Cost of Living|||Advice|||54,000|| |London
Borough of Merton - Cost of|Living|||Advice||50,000|| |London
Borough of Merton - Merton|Debt|||Advisor||45,000|| |London
Borough of Merton - Citizens
UC Help to Claim
London
Borough of Lambeth
—Living
Trust for London - Immigration|Advice Adviceline
Well||||Service|30,000
49,900
42,000|121,107
50,000
20,000| |The Walcot Foundation||||||25,000|25,000| |Merton Neighbourhood
Fund|||||||10,000| |||||||295,900|226,107| |Total income from other projects and|benefit
in kind|||||594,203|564,492| |Summary oftotal income:|||||||| |Unrestricted
Income
—Generalist
advice||||||674,000|662,400| |Unrestricted
Income
—other projects
Unrestricted
Income
—donations||||||220,303
46,126|261,985
43,586| |Unrestrided
Income - investment
and|other|||||9,614|901| |Total unrestricted
income||||||950,043|968,872| |Restricted
income
—donations||||||35,000|35,000| |Restricted
income
—other projects||||||295,900|226,107| |Total restricted
income||||||330,900|261,107| |Total Income
—Statement of Financial|Activities|||||1,280,943|1,229,979| ## ## ## |RAISING FUNDS||||| |---|---|---|---|---| |Raising donations
and legacies|||2023f|2022f| |Fundraising
expenditure|||3,914|3,672| |CHARITABLE ACTIVITIES COSTS||||| ||||Support|| |||Direct|costs (see|| |||Costs
f|note 8)
f|Totalsf| |Merton Advice, Adviceline
BrInformation||||| |Services||335,637|152,060|487,697| |Lambeth
Advice, Adviceline
Br||||| |Information
Services||310,473|93,573|404,046| |Lambeth
Children's
Centre||59,711|11,922|71,633| |Greater London Authority
—Cost of
Living Advice
Merton Cost of Living Advice
lambeth
Living Well||49,767
21,246
41,727|5,193
2,811
5,644|54,960
24,057
47,371| |Immigration
London &Quadrant
Housing
Lambeth
Council Tax Summons
Service||41,879
37,797
23,258|8,1'i6
4,965|41,879
45,943
28,223| |Merton
Disability
Benefit
Help to Claim
Other Services and Projects||19,231
287
24,350|4,086
5I275|23,317
287
29,625| |||965,363|293,675|1,259,038| |Summary oftotal expenditure|||2023
f|2022
f| |Charitable
activities costs (above)
Fundraising
expenditure
(note 6)
Other cosls —exceptional
item (note 9)|||1,259,038
3,914|1,226,817
3,672
(53,985)| |Total Expenditure
—Statement of Financial|Activities||1,262,952|1,176,504| ## ## ## ||||||Service||| |---|---|---|---|---|---|---|---| ||||||SUPPOit||Human| ||||||costs|Finance|resources| |||||||f|f| |Merlin|Advice, Adviceline|&Information|||||| |Services|||||88,473|8,549|7,670| |Lambeth|Advice, Adviceline||&Information||||| |Services|||||39,568|7,060|6,334| |Lambeth|Children's
Centre||||8,206|1,464|1,314| |Greater|London Authority|-|Cost|of Living|||| |Advice|||||3,574|638|572| |Merton|Cost of Living Advice||||1,935|345|310| |Lambeth|living Well||||3,885|693|622| |London
Lambeth|&Quadrant
Housing
Council Tax Summons|||Service|5,606
3,418|1,000
610|898
547| |Merton
Disability
Benefit
Other Services and Projects|||||2,812
3,616|502
645|450
579| ||||||161,093|21,506|19,296| ||||||Communications||| ||||||and|Governance|| ||||||research|costs|Totals| |||||||f|f| |Merton|Advice, Adviceline|&Information|||||| |Services|||||42,963|4,405|152,060| |Lambeth|Advice, Adviceline||&Information||||| |Services|||||36,966|3,645|93,573| |Lambeth|Children's
Centre||||181|757|11,922| |Greater
Advice|London Authority|—Cost||of Living|79|330|5,193| |Merton
Lambeth
London
lambeth|Cost of Living Advice
Living Well
&Quadrant
Housing
Council Tax Summons|||Service|43
86
124
75|178
358
518
315|2,811
5,644
8,146
4,965| |Merton
Disability Benefit
Other Services and Projects|||||62
80|260
355|4,086
5,275| ||||||80,659|11,121|293,675| ## ## ## ## ## |Net i|ncome/(exp|enditure)
is stated after charging/(creditin|g):|| |---|---|---|---|---| ||||2023f|2022f| |Audit|fees||5,000|5,051| |Other|non-audit|services|1,750|1,011| ## ## ## ## ## |STAFF COSTS||| |---|---|---| ||2023|2022| |||f.| |Salaries and wages
Social security costs
Pension costs|852,118
76,688
19,762|831,375
70,499
19,538| ||948,568|921,412| |The average
monthly|number of employees|during the year was as follows:||| |---|---|---|---|---| ||||2023|2022| |Senior Management
Team
Service/Team
Managers
Service Teams|||3
5
28|3
5
30| ||||36|38| ## ## ## |COMPARATIVES|FOR THE S|TATEMENT OF FINAN|CIAL ACTIVITIES||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total| ||||funds|funds|funds| ||||I|I|I| |INCOME FROM|||||| |Donations
and gifts|in kind||43,671|35,000|78,671| |Charitable
activities|||||| |Merton Advice, Adviceline & Information|||||| |Senrices|||423,200|35,000|458,200| |Lambeth
Advice, Adviceline &Information|||||| |Services|||239,200||239,200| |Lambeth
Children's|Centre||78,007||78,007| |lambeth
Living Well
Immigration
London
&Quadrant|Housing||56,083|50,000
20,000|50,000
20,000
56,083| |Lambeth
Council Tax Summons||Sen ice|30,000||30,000| |Merton
Disability Benefit|||20,000||20,000| |Help to Claim
Other Services and|Projects||77,895|121,107|121,107
77,895| |Investment
income|||43||43| |Other income|||773||773| |Total|||968,872|261,107|1,229,979| |EXPENDITURE ON|||||| |Raising funds|||3,672||3,672| |Charitable
activities|||||| |Merton Advice, Adviceline &Information|||||| |Services|||364,381|92,102|456,483| |Lambeth
Advice, Adviceline &Information|||||| |Services|||341,353||341,353| |lambeth
Children's|Centre||70,851||70,851| |lambeth
Living Well
Immigration
London &Quadrant
Housing
Lambeth
Council Tax Summons||Sendice|64,145
31,364|15,504
17,185|15,504
17,185
64,145
31,364| |Merton
Disability
Benefit|||34,737||34,737| |Help to Claim
Other Services and|Projects||74,375|120,820|120,820
74,375| |Other|||(53,985)||(53,985)| |Total|||930,893|245,611|1,176,504| |NET INCOME|||37,979|15,496|53,475| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward||315,622|64,066|379,688| |TOTAL FUNDS CARRIED FORWARD|||353,601|79,562|433,163| ## ## ## ## |TANGIBLE FIXE|DAS|SETS|||| |---|---|---|---|---|---| ||||||Fixtures| ||||||and| ||||||fittings| ||||||6| |COST|||||| |At 1 April 2022 and 31 March|||2023||103,631| |DEPRECIATION|||||| |At 1 April 2022 and 31 March|||2023||103,631| |NET BOOK VALUE|||||| |At 31 March 2023|||||| |At 31 March 2022|||||| |DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||| |||||2023|2022| ||||||I| |Trade debtors||||15,501|24,485| |Other debtors||||350|1,778| |Accrued
income||||19,500|8,461| |Prepayments||||7,671|7,709| |||||43,022|42,433| |CREDITORS: AMOUNTS FALEING DUE WITHIN ONE YEAR|||||| |||||2023|2022| |||||f.|6| |Trade creditors||||11,117|15,481| |Social security and
VAT|other|taxes||17,145
1,146|16,213
2,216| |Other creditors||||6,538|4,736| |Deferred
income|||||30,000| |Accrued expenses||||6,300|5,730| |||||42,246|74,376| |Deferred Income|||||| |Balance at 1April 2022||||30,000|8,100| |Amounts
released|to incoming||resources|(30,000)|(8,100)| |Amounts
deferred|in the year||||30,000| |Balance at 31 March 2023|||||30,000| ## ## ## |17.|ANALY|SIS OF NET A|SSETSBETW|EEN FUN|DS|||| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||||||Unrestncted|Resb icted|Total|Total| ||||||funds|funds|funds|funds| ||||||f|f.|f|f| ||Current|assets|||407/325|87,777|495,102|510,209| ||Current|liabilities|||(42,246)||(42,246)|(74,376)| ||Pension|liability|||(1,702)||(1,702)|(2,670)| ||||||363,377|87,777|451,154|433,163| ||Comparatives
for net assets between|||funds|Unrestricted|Restricted||2022| ||||||funds|funds
Totalfunds||| ||||||E||E|| ||Current|assets|||430,647|79,562||510,209| ||Current|liabilities|||(74,376)|||(74,376)| ||Pension|liability|||(2,670)|||(2,670)| ||||||353,601|79,562||433,163| |18.|MOVEMENT IN FUNDS|||||||| ||||||||Net|| ||||||||movement|At'| |||||||At 1/4/22|in funds|31/3/23| |||||||E|f|E| ||Unrestricted
funds|||||||| ||General|Fund||||356,271|8,808|365,079| ||Pension|reserve||||(2,670)|968|(1,702)| |||||||353,601|9,776|363,377| ||Restricted funds|||||||| ||The Walcot Foundation|||||18/675||18,675| ||UC Help to Claim
Merton Neighbourhood
Restricted
Donation||Fund|||287
7,893
15,396|(287)
(7,893)
(14,359)|1,037| ||Trust for London|||||2,815|121|2,936| ||Lambeth|Living Well||||34,496|2,529|37,025| ||London
Benefits/|Borough of Merton (Revenues
Merton Debt Adviser)||and|||3,121|3,121| ||Greater|London Authority - Cost of Living||||||| ||Advice||||||(960)|(960)| ||London|Borough of Merton - Cost of Living|||||25,943|25,943| |||||||79,562|8,215|87,777| ||TOTAL|FUNDS||||433,163|17,991|451,154| ## |Net movement
in fund|s,
in|cluded
in t|he above are as fol|lows:||| |---|---|---|---|---|---|---| |||||Incoming|Resources|Movement| |||||resources
f|expended
f|in funds
f| |Unrestricted
funds||||||| |General
Fund||||950,043|(941,235)|8,808| |Pension
reserve|||||968|968| |||||950,043|(940,267)|9,776| |Restricted funds||||||| |The Walcot Foundation||||25,000|(25,000)|| |UC Help to Claim
Merton Neighbourhood
Restricted
Donation|Fund|||35,000|(287)
(7,893)
(49,359)|(287)
(7,893)
(14,359)| |Trust for London||||42,000|(41,879)|121| |Lambeth
Living Well||||49,900|(47,371)|2,529| |London
Borough of Merton (Revenues
Benefits/
Merton
Debt Adviser)|||and|45,000|(41,879)|3,121| |London Borough of Merton||—Citizens|Advice|||| |Adviceline
Service||||30,000|(30,000)|| |Greater London
Authority||-Cost of Living||||| |Advice||||54,000|(54,960)|(960)| |London Borough of Meiton||—Cost of Living||50,000|(24,057)|25,943| |||||330,900|(322,685)|8,215| |TOTAL FUNDS||||1,280,943|(1,262,952)|17,991| ## |Compar|atives
for|m|ovement
in funds|||| |---|---|---|---|---|---|---| ||||||Net|| ||||||movement|At| |||||At 1/4/21
f|in funds
I|31/3/22
f| |Unrestricted
funds||||||| |General|Fund|||326,163|30,108|356,271| |Pension|reserve|||(10,541)|7,871|(2,670)| |||||315,622|37,979|353,601| |Restricted funds||||||| |The Walcot Foundation||||18,675||18,675| |UC Help
Merton|to Claim
Coronavirus|Fund||934|287
(934)|287| |Mernin
Neighbourhood
Restricted
Donation|||Fund|29,106
15,351|(21,213)
45|7,893
15,396| |Trust for London|||||2,815|2,815| |Lambeth|Living Well||||34,496|34,496| |||||64,066|15,496|79,562| |TOTAL|FUNDS|||379,688|53,475|433,163| ## ## ## ## ## ## ## ## ## ## |Reconciliation ofopening|Reconciliation ofopening|and|closing|provisions|provisions||31.3.2023|31.3.2022| |---|---|---|---|---|---|---|---|---| ||||||||f|I| |Provision at start|of period||||||2,670|10,541| |Unwinding
ofthe
Deficit contdibution|discount factor
paid||(interest|expense)|||50
(973)|61
(2,668)| |Remeasurements
Remeasurements|—impact of any
—amendments||change
in assumptions
to the contribution
schedule||||(45)|(61)
(5,203)| |Provision at end of period|||||||1,702|2,670| |Income and expenditure||impact||||||| ||||||||31.3.2023|31.3.2022| ||||||||6|| |Interest expense
Remeasurements|—impact of any||change|in assumptions|||50
(45)|61
(61)| |Remeasurements|- amendments||to the contribution||schedule|||(5,203)| |Assumptions||||||||| |||||||31.3.2023|31.3.2022|31.3.2021| |Rate of discount||||||5.52o/o|2.35o/o|0.66o/o| |The following
schedule
year end period:|details
the deficit contdbu|tions
agreed
between
the co|mpany
and the|scheme
at
e| |---|---|---|---|---| |Deficit Contributions|Schedule|||| |Year ending||31.3.2023
6|31.3.2022
6|31.3.2021
6| |Year 1||973|973|2,668| |Year 2||811|973|2,748| |Year 3|||811|2,830| |Year 4||||2,429| ## ## ## ## ## ## ##