2022-03-31-accounts - Chance (UK) Limited

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		Page
Trustees' Report		2-8
Independent Auditor's	Report	9-11
Statement of Financial	Activities	12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Financial	Statements	15-26

					Unrestricted	Unrestricted	Funds
				Notes	General	Designated		Restricted	Total	Total
					Funds		Funds	Funds	2022	2021
Income
Donations and legacies					382,833				382,833	556,714
Income from charitable		activities			181,000			390,718	571,718	813,908
Investment income					38				38	114
Total income					563,871			390,718	954,589	1,370,736
Expenditure
Cost of raising funds					73,337				73,337	109,115
Expenditure on charitable			activities		378,553		223,000	459,466	1,061,019	1,020,672
Total expenditure					451,890		223 000	459,466	1,134,356	1,129,787
Net income/(expenditure)			and net
movement in funds	for		the year
before transfers					111,982		(223,000)	(68,748)	(179,767)	240,949
Transfer between funds					~200,000		200,000
Net income/(expenditure)			and net
movement in funds	for		the year
					(88,019)		(23,000)	(68,748)	(179,767)	240,949
Reconciliation offunds
Total funds, brought	forward				597,280		223,000	145,081	965,361	724,412
Total funds, carried	forward				509,261		200,000	76,333	785,594	965,361

			Notes		2022		2021
Fixed assets
Tangible fixed assets			10		3,693		8,615
Current assets
Debtors				123,604		156,574
Cash at bank	and	in hand		831,117		976,745
				954,721		1,133,319
Liabilities
Creditors falling due within one year			12	172,820		176,573
Net current	assets				781,901		956,746
Net assets					785,594		965,361
The funds ofthe		charity
Unrestricted	funds		14
General					509,261		597,280
Designated					200,000		223,000
Restricted funds			14		76,333		145,081
Total charity	funds				785,594		965,361

	FOR	FOR	THE	THE	YEAR ENDED	31 MARCH	2022
							2022	2021
							f	f
Net cash generated from operating			activities			~146,524		36,790
Cash flows from investing activities
Interest income							38	114
Purchase oftangible	fixed assets						(2,868)	(3,103)
Disposal of tangible	fixed assets						3,726
Cash used in investing	activities						896	2,989
Increase in cash &cash	equivalents		in the	year		~145,625		33,801
Cash 8 cash equivalents	at the beginning			ofthe year			976,745	942,944
Total cash &cash equivalents at		the end			ofthe year		831,117	976,745
Reconciliation of net movement		in	funds		to net cashf low	from oprating	activities:
							2022	2021
							f
Net movement in funds							(179,767)	240,949
Add back depreciation							4,064	8,923
Deduct interest income	shown in investment				activities		(38)	(114)
(Increase)/decrease in debtors							32,970	(102,659)
(Decrease) / increase in	creditors						(3,753)	(110,309)	I
Net cash generated from operating			activities			~146,5242		36,790

INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	INCOME FROM CHARITABLE	ACTIVITIES
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2022	2021
Early Intervention Services
Ant Foundation				48,628	48,628	12,723
BBCChildren in Need						38,000
Berkeley Foundation				29,756	29,756	4,951
City of London Corporation						10,000
Big Lottery Fund - Reaching
Communities						95,003
Camden Giving				26,116	26,116	12,058
Charles Hayward Foundation				25,000	25,000	25,000
City Bridge Trust						40,575
Cripplegate Foundation				10,625	10,625	19,125
Cripplegate Foundation - Islington
Giving				24,000	24,000	24,000
David & Ruth Lewis				20,000	20,000
Department of Health	&Social		Care	19,170	19,170	47,926
Islington CCG				76,682	76,682	47,926
Joy Worth Pledge				10,000	10,000	4,875
London Borough of Islington			178,000		178,000	178,000
London Community Response			Fund			19,056
National Lottery Community		Fund &
Department of Digital	Culture	Media &
Sport						76,553
NHS Lambeth CCG						18,999
Ragamuffins						250
Sir John Case's Foundation				17,408	17,408	45,168
St.James's Place Charitable
Foundation						10,000
Treebeard Trust						10,000
Walcot Foundation						8,334
Donated services						19,790
Enthuse. corn (Big Give)						6,346
Joy (Big Give)						3,125
The Childhood Trust	(Big Give)					3,125
Barnardos I islington	CCG		3,000		3,000	12,000
Constable Education	Trust					10,000
John Archer - School	Workshop					1,000
Westminster Foundation				83,333	83,333	10,000
			181,000	390,718	571,718	813,908

				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
				6		6	F
Interest	on	cash	deposits	38		38	114
				38		38	114

ANALYSIS	OF EXPENDITURE
		Fundraising	Early	Total	Total
		Costs	Intervention	2022	2021
			Services
			6	F
Staff costs		34,730	731,486	766,216	782,462
Volunteers'	expenses		14,015	14,015	26,804
Other direct	costs	1,980	126,368	128,348	174,174
Fundraising	costs	30,508		30,508	23,413
Support costs (Note 6)		4,452	137,613	142,066	102,261
Governance	costs (Note 6)	1,667	51,537	53,204	20,673
		73,337	1,061,019	1,134,356	1,129,787

	The Charity initially identifies	The Charity initially identifies	The Charity initially identifies	the	costs of its support functions.	costs of its support functions.	costs of its support functions.	costs of its support functions.	It	then	identifies	identifies	identifies		those costs which	those costs which	relate to the	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 of staff			time	relating			to	each		activity.
						General		Governance							Total			Total
						Support			Function						2022			2021
						E						E			6			F
	Staff costs					102,489				44,634					147,123			40,593
	Premises and equipment		costs			26,952									26,952			14,176
	Communication costs					253									253			3,419
	Information technology	costs				3,312									3,312			3,915
	Legal and professional	costs				3,266					675				3,941			40,745
	Other office costs					1,730					35				1,765			3,723
	Depreciation					4,064									4,064			8,923
	Audit fees									7,860					7,860			7,440
						142,066				53,204					195,270			122,934
7.	NET INCOME / (EXPENDITURE)				FOR THE YEAR
															2022			2021
															E			F
	Net movement in funds		is shown after charging:
	Depreciation on tangible		fixed	assets											4,064			8,923
	Payment under operating		lease												44,799			48,563
	Auditor's remuneration	—Audit		Fees											4,800			6,120
	Auditor's remuneration	—Non		Audit Fees											3,060			1,320
8.	ANALYSIS OF STAFF		COSTS, TRUSTEES			REMUNERATION				AND			EXPENSES, AND			COST		OF KEY
	MANAGEMENT PERSONNEL
															2022			2021
															E			6
	STAFF COSTS
	Salaries														726,451		728,650
	Social security costs														66,086			65,093
	Pension costs														25,523			29,311
															818,060		823,054
	The number of employees		whose		emoluments as defined		for taxation				purposes			amounted to over f60,000 in the
	year was as follows:
															2022		2021
	670001 - 98	00	00												1			1

mployed	by the	charity during the pe	riod was as follows:
						2022	2021
Early Intervention		Services				20.5	18.0
Support and governance						2.5	0.5
Fundraising						0.5	1.5
						23.5	20.0
TANGIBL	E FIXEDASSETS
						2022	2021
Net book	value:						f
Computer	Equipment					2,306	2,290
Fixtures,	fittings	and equipment				1,387	6,325
Database
						3,693	8,615
			Computer	Fixtures,		Database	Total
			Equipment	fittings	&
				equipment
					f
COST
Opening	balance		23,162	14,762		23,646	61,570
Additions			2,868				2,868
Disposals			(16,686)	(12,842)			(29,528)
Closing balance				1,920		23,646	34,910
DEPRECIATION
Opening	balance		20,872	8,437		23,646	52,955
Charge for the year			3,115	949			4,064
Disposals			(16,949)	(8,853)			(25,802)
Closing balance			7,038	533		23,646	31,217
NET BOOK VALUES
As at 31	March 2022		2,306	1,387			3,693
As at 31	March 2021		2,290	6,325			8,615

						2022	2021
						F
	Debtors					100,682	137,390
	Other Debtors					16,435	15,515
	Prepayments					6,487	3,669
						123,604	156,574
12.	CREDITORS: amounts			falling due within one year
						2022	2021
						f	f
	Trade Creditors					12,058	11,586
	Taxation	and social security				17,057	19,177
	Other Creditors					4,412	4,953
	Accruals					14,340	7,440
	Deferred	Income	(Note	13)		124,953	133,417
						172,820	176,573
13.	DEFERRED INCOME
						2022	2021
						E	F
	Balance	as at 1st	April			133,417	242,706
	Amount	released	to income		in the year	(133,417)	(242,706)
	Amount	deferred	in the	year		124,953	133,417
	Balance	as at 31st March				124,953	133,417

ANALYSIS OF MOVEMENT	ANALYSIS OF MOVEMENT	ANALYSIS OF MOVEMENT	ANALYSIS OF MOVEMENT	IN FUNDS
					Balance at	Income	Expenditure	Transfer	Balance at
					01.04.21				31.03.22
					f	f	E	8	E
Unrestricted Funds
General Funds					597,280	563,871	451,890	(200,000)	509,261
Designated Development			Fund		223,000		223,000	200,000	200,000
					820,280	563,871	674,890		709,261
Restricted Funds
Ant Foundation					12,723	48,628	61,351
BBCChildren in Need					39,054		39,054
Berkeley Foundation						29,756	28,235		1,521
City of London Corporation					7,500		7,500
Camden Giving						26,116	26,116
Charles Hayward Foundation						25,000	25,000
Cripplegate Foundation					9,748	10,625	20,373
Cripplegate Foundation		-	Islington
Giving					3,202	24,000	27,202
David & Ruth Lewis						20,000	6,183		13,817
Department of Health	8	Social		Care		19,170	19,170
Islington CCG						76,682	76,682
Future					10,000				10,000
Home Office					14,173				14,173
Joy Worth Pledge					2,719	10,000	2,479		10,240
Ragamuffins					250		250
Sir John Cass's Foundation					15,333	17,408	32,741
Theirworld					7,858		7,858
Enthuse. corn (Big Give)					6,346		6,346
Joy (Big Give)					3,125		3,125
The Childhood Trust	(Big		Give)		3,125		3,125
Constable Education	Trust				9,925		8,668		1,257
Westminster Foundation						83,333	58,008		25,325
Total Restricted Funds					145,081	390,718	459,466		76,333
Total Funds					965,361	954,589	1,134,356		785,594

ANALYSIS OF MOVEME	ANALYSIS OF MOVEME	N	T IN F	T IN F	T IN F	UNDS —Cont/d
Analysis of movement		in	funds			—previous year
							Balance at	Income	Expenditure	Balance at
							01.04.20			31.03.21
							6			E
Unrestricted Funds
General Funds							380,619	769,352	552,691	597,280
Designated Development			Fund				223,000			223,000
							603,619	769,352	552,691	820,280
Restricted Funds
Mentoring & Parent	programme
Ant Foundation								12,723		12,723
BBCChildren in Need							15,729	38,000	14,675	39,054
Berkeley Foundation							24,088	4,951	29,039
City of London Corporation								10,000	2,500	7,500
Big Lottery Fund - Reaching				Communities				95,003	95,003
Camden Giving								12,058	12,058
Charles Hayward Foundation								25,000	25,000
City Bridge Trust								40,575	40,575
Cripplegate Foundation							6,250	19,125	15,627	9,748
Cripplegate Foundation		-	Islington			Giving		24,000	20,798	3,202
Department of Health	&	Social			Care		23,907	47,926	71,833
Future							10,000			10,000
Home Office							14,213		40	14,173
Islington CCG								47,926	47,926
Joy Worth Pledge								4,875	2,156	2,719
London Community Response					Fund			19,056	19,056
National Lottery Community				Fund		& Department
of Digital Culture Media		&	Sport					76,553	76,553
Ragamuffins								250		250
Sir John Case's Foundation							12,089	45,168	41,924	15,333
St. James's Place Charitable				Foundation				10,000	10,000
Thomas's Schools Foundation							1,302		1,302
Walcot Foundation								8,334	8,334
Donated services								19790	19790
							107,578	561,313	554,189	114,702
Girls Pro)ect
T he irwo rid							9,208		1,350	7,858
Enthuse. corn (Big Give) Joy (Big Give) The Childhood Trust (Big			Give)					6,346 3,125 3,125		6,346 3,125 3,125
							9,208	12,596	1,350	20,454
Workshops &Training
Barnardos I Islington	CCG						500		500
Constable Education	Trust							10,000	75	9,925
							500	10,000	575	9,925
Donations & 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							724,412	1,370,736	1,129,787	965,361

ANALYSIS OF NET ASSETS BETWEEN FUNDS —Cont/	ANALYSIS OF NET ASSETS BETWEEN FUNDS —Cont/	d
Analysis of net assets between funds —previous year
	General	Designated	Restricted	Total
	Funds	Funds	Funds	2021
				8
Fixed assets	8,615			8,615
Net Current assets	588,665	223,000	145,081	956,746
	597,280	223,000	145,081	965,361

The charity has operating lease commitments as sho	wn below:
	Land &buildings
	2022	2021
	E	8
Under one year	35,196	48,000
Two to five years	61,593	192,000
More than five years		136,000
	96,789	376,000