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|||Page|
|---|---|---|
|Trustees'
Report||2-8|
|Independent
Auditor's|Report|9-11|
|Statement ofFinancial|Activities|12|
|Balance Sheet||13|
|Cash Flow Statement|||
|Notes to the Financial|Statements|15-26|
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|REFERENC|E AND A|E AND A|DMINISTRAT|IVE
DETAILS|||
|---|---|---|---|---|---|---|
|Registered|Company||Number.|03057840 (England
and Wales)|||
|Registered|Charity Number.|||1046947|||
|Directors and Trustees:||||Hugh Thombery,
CBE —Chair|||
|||||Richard Gordon —Hon. Treasurer|||
|||||Marvin Joseph Campbell —(Appointed
on 23.03.2021)
Helen Louise Fletcher - (Appointed
on 23.03.2021)|||
|||||Cristina Otelea —(Appointed
on 23.03.2021)|||
|||||Janet Mokades|||
|||||Debashish
Dey|||
|||||Mary Mulvey-Oates|||
|||||Andrew
Davidson —(stepped
down 23.03.2021)|||
|||||Elizabeth
Phillips —(appointed 23.03.2021)|||
|Secretary:||||Geethika Jayatilaka|||
|Chief Executive||Officer:||Geethika Jayatllaka|||
|Senior Management|||Team:|Ross Adams —Senior Programme
Manager
(until 30.09.2020)
Samantha
Darrell —Head ofServices and Operations|||
|||||Mwila Mulenshi —Head of Services and Impact|||
|||||Sophie Bainton - Head of Income Generation|||
|Registered|Offic:|||Unit S1-S2, 89-93 Fonthlll
Road, London
N4|3JH||
|Senior Statutory||Auditor:||James Foskett|||
|Auditors:||||SKSAudit LLP, 3 Sheen Road, Richmond
Upon Thames, TW9 1AD|||
|Bankers:||||The Co-operative
Bank,
1 Islington
High Street, London||N1 9TR|
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|||||Unrestricted|Unrestricted|Funds||||
|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated||Restriced|||
||||Notes|Funds||Funds|Funds|2021|2020|
|Income||||||||||
|Donations
and legacies||||539,239|||17,475|556,714|422,073|
|Income from charitable|activities|||229,999|||583,909|813,908|1,076,053|
|Investment
income||||114||||114|149|
|Total Income||||769,352|||601,384|1,370,736|1,498,275|
|Expenditure||||||||||
|Cost ofraising funds||||109,115||||109,115|95,459|
|Expenditure
on charitable||activities||443,576|||577,096|1,020,672|963,530|
|Total expenditure||||552,691|||577,096|1,129,787|1,058,989|
|Net Income/(expenditure)||and net||||||||
|movement
in funds for||the year||216,661|||24,288|240,949|439,286|
|Reconciliation
offunds||||||||||
|Total funds,
brought forward||||380,619||223,000|120,793|724,412|285,126|
|Total f'unde, carried forward||||597,280||223,000|145,081|965,361|724,412|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||6||
|Net cash generated
from operating|||activities||36,790|413,542|
|Cash flows from investing
activities|||||||
|Interestincome|||||114|149|
|Purchase
oftangible|fixed assets||||(3,103)|(4,505)|
|Cash used in investing|activities||||2,989|4,356|
|Increase
in cash &cash|equivalents|in|the|year|33,801|409,186|
|Cash 8 cash equivalents|at the beginning|||ofthe year|942,944|533,758|
|Total cash &cash equivalents
at the end ofthe year|||||976,745|942.944|
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||f|
|Net movement
in funds|||||240,949|439,286|
|Add back depreciation|||||8,923|14,242|
|Deduct interest income|shown|in investment||activities|(114)|(149)|
|(Increase)/decrease
in|debtors||||(102,659)|(32,001)|
|(Decrease) / increase|in creditors||||(110,309)|(7,836)|
|Net cash generated
from operating|||activities||36,299|413,542|
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||||||Unrestricted|Restriced|||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2021|2020|
||||||||f|f|
|Mentoring
&Parent Programme|||||||||
|Ant Foundation||||||12,723|12,723|19,853|
|Battersea Power Station|Foundation|||||||40,000|
|BBCChildren
in Need||||||38,000|38,000|38,000|
|Berkeley Foundation||||||4,951|4,951|28,906|
|City of London Corporation||||||10,000|10,000||
|Big Lottery Fund - Reaching||Communities||||95,003|95,003|163,207|
|Camden
Giving||||||12,058|12,058||
|Charles
Hayward
Foundation||||||25,000|25,000|25,000|
|City Bridge Trust||||||40,575|40,575|29,650|
|Cripplegate
Foundation||||||19,125|19,125|31,260|
|Crlpplegate
Foundation|- Islington|||Giving||24,000|24,000|25,266|
|Department
of Health
8|Social||Care|||47,926|47,926|91,056|
|Future||||||||10,000|
|Home Office||||||||190,800|
|Islington
CCG||||||47,926|47,926||
|Joy Worth Pledge||||||4,875|4,875||
|Kirkland
& Ellis International||LLP||||||15,000|
|London Borough of Islington|||||178,000||178,000|178,000|
|London Borough ofCamden||||||||25,000|
|London
Community
Response|||Fund|||19,056|19,056||
|National
Lottery Community||Fund||& Department|||||
|of Digital Culture
Media|&Sport|||||76,553|76,553||
|NHS Lambeth
CCG|||||18,999||18,999|31,001|
|Ragamuffins||||||250|250||
|Sir John Case's Foundation||||||45,168|45,168|20,795|
|St.James's Place Charitable||Foundation||||10,000|10,000||
|The Holbeck Charitable|Trust|||||||40,000|
|Thomas's
Schools Foundation||||||||1,833|
|Treebeard
Trust|||||10,000||10,000||
|Walcot Foundation||||||8,334|8,334|25,000|
|Donated services||||||19,790|19,790|22,736|
|Girls Project|||||206,999|561,313|768,312|1,052,353|
|Theirworld||||||||10,000|
|Enthuse. corn (Big Give)||||||6,346|6,346||
|Joy (Big Give)||||||3,125|3,125||
|The Childhood
Trust (Big Give)||||||3,125|3,125||
|||||||12,596|12,596|10,000|
|Workshops
& Training|||||||||
|Bamardos
/ Isllngton
CCG|||||12,000||12,000|10,500|
|Constable
Education
Trust||||||10,000|10,000||
|John Archer
—School Workshop|||||1,000||1,000||
|Westminster
Foundation|||||10,000||10,000||
|Training
income||||||||3,200|
||||||23,000|10,000|33,000|13,700|
||||||229,999|583,909|813,908|1,076,053|
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|||||Unrestricted
Restricted|Unrestricted
Restricted|Unrestricted
Restricted|||
|---|---|---|---|---|---|---|---|---|
|||||Funds||Funds|2021|2020|
||||||6|E|E|f|
|Interest on|cash deposits||||114||114|149|
||||||114||114|149|
|Investment|income||in 2020 ofF149|was attributed
to|unrestricted
funds.||||
|ANALYSIS||OF EXPENDITURE|||||||
||||||Mentoring||||
|||||Fundraising|&Parent|Workshops|||
|||||Costs|Programme|&Training|2021|2020|
|||||E|E|6|8|E|
|Staff costs||||76,244|697,998|8,220|782,462|731,208|
|Volunteers'
Other direct||expenses
costs|||26,804
164,079|10,095|26,804
174,174|22,974
163,315|
|Fundraising
costs
Support costs (Note 6)||||23,413
7,867|93,345|1,049|23,413
102,261|6,131
115,525|
|Governance||costs|(Note 6)|1,591|18,870|212|20,673|19,836|
|||||109,115|1,001,096|19,576|1,129,787|1,058,989|
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|The Charity|initially
identifies|initially
identifies|the|costs of|its support
functions.|its support
functions.|It then identifies|It then identifies||those costs|which relate to the|which relate to the|which relate to the|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|governance|function.
Governance|||costs and other support||costs are apportioned||||separately|between|charity's||
|key activities|undertaken|(see|note 5) in the year
All the general||||support|and governance
costs are allocated|||||to|
|activities at different percentages,||||based on the basis ofstaff||time|relating|to each||activity.||||
||||||General|Governance||||||||
||||||Support||Function|||2021||2020||
||||||f|||f||f.||||
|Staff costs|||||27,360||13,233|||40,593||19,682||
|Premises
and equipment||costs|||14,176|||||14,176||46,749||
|Communication
costs|||||3,419|||||3,419||10,071||
|Information|technology costs||||3,915|||||3,915||4,632||
|Legal and professional
costs|||||40,745|||||40,745||21,723||
|Other office|costs||||3,723|||||3.723||11,062||
|Depreciation|||||8,923|||||8,923||14,242||
|Audit fees|||||||7,440|||7,440||7,200||
||||||162.261||26,673|||122,934||135,361||
|NET INCOME I(EXPENDITURE)||||FOR THE YEAR||||||||||
||||||||||2021
f.|||2020f||
|Net movement
In funds||Is shown after charging:||||||||||||
|Depreciation|on tangible|fixed|assets|||||8,923|||14,242|||
|Payment
under operating||Lease||||||48,563|||50,998|||
|Audit Fees||||||||7|4411|||7,200||
##
|8.|ANALYSIS
OF|ANALYSIS
OF|STAFF|COSTS, TRUSTEES|COSTS, TRUSTEES|REMUNERATION|AND|EXPENSES,|AND|COST OF KEY|
|---|---|---|---|---|---|---|---|---|---|---|
||MANAGEMENT||PERSONNEL||||||||
|||||||||2021f||2020f|
||STAFF|COSTS|||||||||
||Salaries|||||||728,650||649,728|
||Social security costs|||||||65,093||63,242|
||Pension|costs||||||29,311||27,479|
|||||||||823,054||740,449|
||The number
of employees|||whose emoluments|as|defined for taxation|purposes
amounted||to over f60,000 in the||
||year was|as follows:|||||||||
|||||||||2021||2020|
|||f70,00|1 - f80,00|0||||1||1|
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|mployed
by the charity
during the p|eriod was as follows|:|||
|---|---|---|---|---|
||||2021|2020|
|Mentoring
&Parent Programme|||17.8|16.1|
|Quality 8 Evaluation
Workshops
and Training
Girls pro)ect
Support and governance
Fundraising|||0.2
0.5
1.5|0.2
0.3
0.2
1.5|
||||20.0|18.3|
|TANGIBLE FIXEDASSETS|||2021|2020|
|Net book value:|||F||
|Computer
Equipment
Fixtures, fittings and equipment
Database|||2,290
6,325|3,003
5,521
5,911|
||||8,815|14,435|
|||Fixtures,|||
||Computer|Fittings|||
||Equipment
6|&equipment
6|Databasef|TOTAL
6|
|COST|||||
|Opening
balance
Additions|21,979
1,183|12,842
1,920|23,646|58,467
3,103|
|Disposals|||||
|Closing balance|23,162|14,762|23,646|61,570|
|DEPRECIATION|||||
|Opening
balance
Charge for the year|18,976
1,896|7,321
1,116|17,735
5,911|44,032
8,923|
|Disposals|||||
|Closing balance|20,872|8,437|23,646|52,955|
|NET BOOK VALUES
As at 31stMarch 2021|2,290|6,325||8,615|
|As at31st March 2020|3,003|5,521|5,911|14,435|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f|6|
||Debtors|||||137,390|35,300|
||Other Debtors|||||15,515|11,386|
||Prepayments|||||3,669|7,229|
|||||||156,574|53,915|
|12.|CREDITORS: amounts|||falling due within one year||||
|||||||2021|2020|
||Trade Creditors|||||11,586|4,860|
||Taxation|and social security||||19,177|18,012|
||Other Creditors|||||4,953|4,254|
||Accruals|||||7,440|17,050|
||Deferred|Income|(Note 13)|||133,417|242,706|
|||||||176,573|286,882|
|13.|DEFERRED INCOME|||||||
|||||||2021|2020|
||Balance|as at 1st|April|||242,706|260,232|
||Amount|released|to income||in the year|(242,706)|(260,232)|
||Amount|deferred|in the year|||133,417|242,706|
||Balance|as at 31st March||||133,417|242,706|
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##
|14.|ANALYSIS OF MOVEMENT
IN FUNDS|ANALYSIS OF MOVEMENT
IN FUNDS|ANALYSIS OF MOVEMENT
IN FUNDS||Balance at|||Balance at|
|---|---|---|---|---|---|---|---|---|
||||||01.0400f|Incomef|Expenditure
f.|31 0321
f|
||Unrestricted
Funds
General
Funds
Designated
Development
Fund||||380,619
223,000|769,352|552,691|597,280
223,000|
||||||603,619|769,352|552,691|820,280|
||Restricted Funds||||||||
||Mentoring
8,Parent programme
Ant Foundation
BBCChildren
In Need
Berkeley Foundation
City of London Corporation
Big Lottery Fund
—Reaching
CommuniNes
Camden
Giving
Charles
Hayward
Foundation
City Bridge Trust
Cripplegate
Foundation
Cripplegate
Foundation
—Islington
Giving
Department
of Health 8, Social Care
Future
Home Office||||15,729
24,088
6,250
23,907
10,000
14,213|12,723
38,000
4,951
10,000
95,003
12,058
25,000
40,575
19,125
24,000
47,926|14,675
29,039
2,500
95,003
12,058
25,000
40,575
15,627
20,798
71,833
40|12,723
39,054
7,500
9,748
3,202
10,000
14,173|
||Islington CCG
Joy Worth Pledge
London
Community
Response|Fund||||47,926
4,875
19,056|47,926
2,156
19,056|2,719|
||National
Lottery Community
Fund &Department
Digital Culture
Media
84 Sport
Ragamufgns
Sir John Case's Foundation
St. James's Place Charitable
Foundation|||of|12,089|76,553
250
45,168
10,000|76,553
41,924
10,000|250
15,333|
||Thomas's
Schools Foundation||||1,302||1,302||
||Walcot Foundation
Donated services|||||8,334
19,790|8,334
19,790||
||||||107,578|561,313|554,189|114,702|
||Girls Pro]ect
Theirworld
Enthuse. corn (Big Give)
Joy (Big Give)
The Childhood
Trust (Big Give)||||9708|6,346
3,125
3,125|1,350|7,858
6,346
3,125
3,125|
||||||9,208|12,596|1,350|20,454|
||Workshops
&Training
8 arne rdos I Is ling ton CCG
Constable
Education Trust||||500|10,000|500
75|9,925|
||||||500|10,000|575|9,925|
||Donations
8 legacies
Staff costs||||3,507|13,475|16,982||
||Premises|||||4,000|4,000||
||||||3,507|17,475|20,982||
||Total Restricted
Funds||||120,793|601,384|577,096|145,081|
||Total Funds||||724412|137,7 6|1,129737|966361|
##
##
|ANALYSIS OF MOVEM|EN|T
IN F|T
IN F|UNDS —Co|nt/d|||||
|---|---|---|---|---|---|---|---|---|---|
|Analysis ofmovement|in|funds||—previous|year|||||
||||||Balance at||||Balance at|
||||||01.04.19
f|Income
F|Expenditure
6|Transfers
6|31.03.20
f|
|Unrestricted
Funds||||||||||
|General Funds|||||240,975|601,086|238,442|(223,000)|380,619|
|Designated
Development||Fund||||||223,000|223,000|
|Total Unrestricted
Funds|||||240,975|601,086|238,442||603,619|
|Restricted Funds||||||||||
|Mentoring
&Parent programme||||||||||
|Ant Foundation||||||19,853|19,853|||
|Battersea Power Station|Foundation|||||40,000|40,000|||
|BBCChildren
in Need|||||25,833|38,000|48,104||15,729|
|Berkeley Foundation||||||28,906|4,818||24,088|
|Big Lottery Fund - Reaching|||Communities||10,152|163,207|173,359|||
|City Bridge Trust||||||29,650|29,650|||
|Charles
Hayward
Foundation||||||25,000|25,000|||
|Cripplegate
Foundation|||||3,356|31,250|28,356||6,250|
|Cripplegate
Foundation|- Islington|||Giving||25,266|25,266|||
|Department
of Health
&|Social Care|||||91,056|67,149||23,907|
|Future||||||10,000|||10,000|
|The Holbeck Charitable|Trust|||||40,000|40,000|||
|Home Office||||||190,800|176,587||14,213|
|Joy Worth|||||4,576||4,576|||
|Kirkland
& Ellis International|||LLP|||15,000|15,000|||
|London Borough of Camden||||||25,000|25,000|||
|Sir John Case's Foundation||||||20,795|8,706||12,089|
|Thomas's
Schools Foundation|||||234|1,833|765||1,302|
|Walcot Foundation||||||25,000|25,000|||
|Donated services||||||22,736|22,736|||
||||||44,151|843,352|779,925||107,578|
|Girls Project||||||||||
|Theirworld||||||10,000|792||9,208|
|||||||10,000|792||9,208|
|Workshops
8 Training||||||||||
|Bamardos
/ Islington
CCG||||||10,500|10000||500|
|||||||10,500|10,000||500|
|Donations
&legacies||||||||||
|Staff costs||||||25,337|21,830||3,507|
|Premises||||||8,000|8,000|||
|||||||33,337|29,830||3,507|
|Total Restricted
Funds|||||44,151|897,189|820,547||120,793|
|Total Funds|||||285,126|1,498,275|1,058,989||724,412|
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|Analysis
of net assets between|funds —previous
year||||
|---|---|---|---|---|
||General|Designated|Restricted||
||Funds|Funds|Funds|Total|
||||6|6|
|Fixed assets|14,435|||14,435|
|Net Current assets|366,184|223,000|120,793|709,977|
||380,619|223,000|120,793|724,412|
##
|The charity has operating
lease co|mmitments
as shown
be|low:|||
|---|---|---|---|---|
||Land &|buildings|Other||
||2021|2020|2021|2020|
|||6||6|
|Under one year|48,000|48,000||563|
|Two to five years|192,000|192,000|||
|More than five years|136,000|184,000|||
||376,000|424,000||563|
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