COMPANY REGISTRATION NUM8ER: 2436887 CHARITY REGISTrATIOIi NUMBER: 1051979 Advice For Renters Liinlted (fomierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Unaudited Financial Ststements 31 March 2021 Iiiiu Illlll AAHXS18Y• 2411IQ021 COMPANIES HOUSE 11149 Jacluon & JeksoD trdiD% name of J¥ckson Ni¢hola$ Assie IAmited Chart¢red Certlfied Accoutitsnts & St#tstory Auditord Sulte 7,.Meridiam Hts$e 61 Sttif>n CbiDgforii London fA 7BA
Advlce For Renters Limited (fornierly Brent Private Tenants. Rlghts Group Limited) Company Llmitgd by Guardnte8 FSnancial Statsmonts Year ended 31 March 2021 Page Trustee5' annual report (incorporating the directors. pOrt) Indep8ndent examinels report to tt* tntstees .Statement of financial activities (induding income and expenditure account) Statement of finanaal position Statement of ¢ash Ibws 11 Notes to the financial slatements 12
Advice For Renters Limited (fornierly Brent Private Tenants, Rights Group Limited) Company Limited by Guaranteo Tru8lees' Annual Report (Incorporating the Directors. Report) Year ended 3.1 March 2021 The trustees, who are also the directys for th8 puryws of corwny l*. prpsenl their ffjport aTrJ the urwidited fina1 SLen of fortheyear endtrj 31 2021. Referenc• and adminlstrative detalls Rogl$tered Charity nam• e Fcf Renters LinNled (fmrly Br Tgnants. Rws Gmup Limledi Charity r8glstrntion numb 1051979 Company registrallon number 2436887 Prlnclp41 tho ar1 reglsteY•d 38 Lane Irn London 67ST Th• trustfjes John Kwan Gwge 8angharn Jerrmae Rangor Susan W8118r Ct8NJ Parker Jennrferwal Pamela Marum Tariq Muk>dam (Resigned 10 Docembgr2020) (Reswned 27 Moy 20211 (Appointed 10 December2020) P[Inted 10 08¢emb¢r 2020) {AppDinted 13 May 20211 Chlef Exqcutl¥¢ oir Jotth Kwan BaDke Unty Trust Ba PO Box7193 PL4netary Ro•J Ilenhr Road Willenhall V•V19DG Indynd•n¢ examin¢r John ASS FCCA Suite 7. Meridian kb)us• 62 stat Rrd chingf1 London E4 7BA JackFon Kieholor Assie Limi1 CknieredCeriifiedAccowtsthtr5
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) Year ended 31 March 2021 Structyre. governart and managem•nt fof Renters is a Charitab cg)mpany limited by gu8rarrtee and was irthrporated on 26 Othber 1989. It was registered a5 a charity on 31 January 1996. It is governefl by a memorandum and artic18s ofas5ocrdtn. Thè trustees. who also the direCtLNsfthe purp)se rf r£wrby I. and WI seived during the year George Bangham Robert Johnson John Kwan Pam Marum {apppirteLI Dec1 20201 Crau Pat1(er S•Jtr Wallor Iresvjned Dewntw20201 J¢nnrfer Wall (appointed De¢Ter 2020) None ofthe trustees hag any benefJal urtereyt in the C•)mpaty. An ofthe trustees are member5 of tt Cubwany guarantee to Cltrit>Lrtè £1 in the everrt of a WHKling up. There are m perso with sb3nifkxnt Tru5tee$ meet wubrfy at tht 4 times a yearto nmnage A4R'$ affairs At AGM all BcArd members. sland dMI and rfthey wish to wrtinue, for rlect)n. During the year the Gharty employed an average of 11 stsff (representing 9.8 fu114ime equNalènls) whowern engaged in charitabk tivrtS. finance ar alministration. We akn have a consultant hou$ing advi$er and business uMVati ojrtsultart Chango of Namo Follffin9 our change of namtr to th¢e4Renters Lvnrted in 2019. a further change was agreed at the 2020 AGM to change our to hthce for Renlers Limited. The wrp08e oflhis further srnall change vrds to make it easi8rfor rent8ts srcIn9 IlIne10 firKI ouroryanisation. Risk Alanag•ment The trusleos have assessed the major rtsks to A4R is exposed. Th? systans in pe to mitigate exposure to the major risks WWB Put to the lesl durirvJ the ¢orvnavirus pandemic and TesuttiThJ perths of kxkdrywn. Continue ¢0 seek more sustsin8ble sources of in¢ome to furthei proted the organisatKJn ¥inst such arse conditic$. Sewbryce delivery slandards ar8 maint8i18d ty adheren¢e to ow Speciast auaty PA¥k (Housing). ObJecti¥•s and a¢tiviti¢s A4R's otiie¢t$ ar& to r4h?ve powty C95t len* In EnglarKI wtho nBed. and in paiticular by assi8tsng in the provision of advKe, rnft)rmatn and swices. Ni¢holw knie Limii¢d Clwiered CertifiedArLo4r#ants
Advice For Renters Limitsd (fom)erly Brent Private Tenants, Rights Group Limited) Company Limited by Guarantee Trustees. Annual Report (Incorporatlng the Directors. Report) Year ended 31 March 2021 Th• focus of ourwork Th8 objectives eonb.nue to be achTeved for the most part through the operatb)n of our Housing AdvKe Contre, with most wort b8ing delivered under our contraL wrth the Legaf M"d Agency. The I19ve1 of fe8s payable lof 981 aid, vthich weTE radu¢ed in 2011. and havo been frozen ever since, means thHI it is nd possible lo sustsin our housiNJ Jvi¢e Serv thugh kgal aKI fees alone. We g)ntinue to be very gratehjl to the Tru for Lorthn forfunding our Green LWJM Laws which allows us to ath.se tenants whose woblerns fdl outside the fxirthne5 of legal the oppjrtunity lo test new or under-used aaS ol18w. We rnnlinue to ratsg awareness of FKYY housm as one of the key f&t(Xs IM¢b.#9 on Iwahh and wellbwng. aim to improve INing ¢oNJitK)ns arxl where possible, to achve lasting bensffts fof our clyènts through cwlemenlary supwl. induding our rrmey advice arKI our mentoring seryice. We are vary gratefvl lo Brent Coun¢kl for their support thn)ugh the Mknnal Crrnunty Infra5trLdure L INCILI which enatrles us to offor a range offinanoa SUFPXt servtt5. and lo The TLJty Trust and the Cty Bri(Jge Trust who iointty bjnded wrthree-year Under One R¢ proi Wa hav• been pleasod to buad OTr links wti healh prDvthrs. a$ 8rfial pwscribing has been developing in Brent. This en&les heallh providers to 'presCri, non-medul intsrvent#)ns. such as ho1n9 8dv? and we have been pleased to see a g9 nuthr of relerrals ol pitk?nts to us from the heallh service. We continued to deliver seNices threTr# the pandern desprÉe knirrfd io c4ose OUT offices and ¢wip Ihe staff to wort from home. mth¥onne corrthUnltjTrs were introduced for staff to inteN¢e dienls and lo interact wth exh other and wth partnets. Training was also deliver& online. We ful]y supported the protecti¢)ns introduced kn prNate tenants through the stsy on possessions and the ban on oWCtion$ and joined with others in cauing for extensions ofthi5 prDtection. Hever. this was a major factor in a serious drop in our leg auj in(xyne duriThJ th$ period. We weT8 mmenselY gRt8ful to the Communty Justice Fund for thr generous gRnt helped to compensate lor this loss and enabled us to retairt our staff. Our{yrtreh semces sadty had to be curtailed but are re5uiThng these as restrictions arè eased. To ¢ope with the prolong&J pericé of restridions an¢J the further 12ckdown wè took advantage of the increased ftexibilty of the Goyemm¢nYs Job Retention Scheme. This enabled us to furfou9h efKJible mwnbws of slaff for up to of trir ntym81 workuig hours. where this ccwtrj be a¢higved wrthoth delriThnl to dierrts. How our ser¥k•s deKv•r publk benefft The tnJslee5 confim that th¢y have Cornpld wth thw"r duty to have due regarnl to the Charity Comml$$ian'5 publi¢ benefrt guidance ewasing p¢YNws or dUtS to whth the gupa¥n¢e is relwanL The overarchir4J b¢neftwhi¢h we aim lo aclieve is to improve heatth and t1be1n9 by promoling decent. secure. Sff¢xdal@ rented hcrfnes with access to ryjhts and justrce for all regardless of inoTh8. We dothis by. PTcwiding dirwx and to private tenwts and in I51ng ne&J Bringing tenants togdhèr lo SIn9then theirvo Coll8¢ting infonyA>) and evidence and dissemln*iJ for¢harge Working with others to ddiver seN1, sha mesw¢s and inmsg th? charty's inlh Empow tlwugh tenant engagement and representalKII Jackson Nichol Assie Limiied Chartered CerttficdAcc04rfants
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limitsd) Company Limited by Guarantee Tntstees. Annual Report (Incorporating the Directors. Report) (c•ntu•dJ Year ended 31 March 2021 A¢hièv•ment and p¢rfornwnc• A4R fu1 all its c¢ntra&Lkal c&ligations. advKe and supwl to over 1,540 tenarts during thg year, raIng from one-off enquirie5 Ihrough to f(dl 1rt1g8ti aTrJ asstrst with Money advtce. The acute hard$hip during the pandetyoc led lo an ept[onal Je¥d of assistance finawal ern8rgencie5. including 120 Hard8hip grants totslling t15,000. 24 Fuel V0hets and 83 Christmas Hps. also delNered a erybyabrfty programme to 11 paitipants and ruittrd additional financi in¢[usi. wergy ¥e and tJffa rights Sla$t5. Financlal Revl•w The charity saw an iwear surplus of £16.519. Vthile this ¥As $19nrfKanty less than the wevious (pre-pandemlcl year. it was suiftienl lo incr8a9e ourtol81 unresirided reseNes to £98.775. which equates lo 91% ofour IBseNes rA.w. Reser¥¢s Pollcy It is MR'S pclicy to maintain a knl.of unrtistricled urJesJnd reser4w. equrrfalent lo throe monlh$' nom1 expenditijrg. Investment Policy The tharity d¢¢$ not yet have SLdficient to merit an Inv8sb) Policy. Plan$ for future period$ We are pleased lo report that our Ihm m[1ear grants which èrxled In 221 hava been repLeLl by yo fvrther 9rants from the criy BrKlge Trust and Trust for London, and a grrt from the National Lottery CoffA))unrty Fufbj. Ourcurrent Legal Aid Agency contract conbnLW until August 2022. Our fundraising 5tratew 15 bn9 activety pwswl &lhwh the P•1¢ has18d to mcve •'on >r lirnited fvnds. The 8oard has cothinued to plan the ¢xganisatiM can be pjt on a nb)re finanualty SLthinable fc*ing in the longer4efTn. despite Cowd-19 rebtsd setba¢ks. A major initkatN8 has been ¢h development ora financial model whth woukl enable us to xouirè proFwty ltsr use a5 ¢wmunity4ed housing. Although it was dtsappointing once su¢h Sche had lo be aborted throu9h reas¢)ns cArtside MR'S ¢ontrd. the Organ10n has leamt from this experience and o nrxv ItskIng for further opportunrties. We am con$bJering whether rt is possbjè to increase leg8J See& for paying ¢lients tmthoul ieopardising our free seNK8s and we will be IriaHing a in the coming months. The Board h8$ Usèd the Govemance Cclle doJno5ti¢ to assess Forfom¥nrt intrDduce some procedural change& Thi8 Cryje 18 a wxtical tod to help ehartss and thgiitnBte£s lo d6wh)p hi9h standards ofgovemance. The Boafd has wblished a Slrnteg Plan on ww¢bsit• b guits th? orllaftlsabon through rts next phase and we ar& intr(thiThJ a revi Operatsnal Plan to improve overswdht of the orwisaknon's many actfvities and facilrtate pro9iess mwtoring. JoekFon kOloS Assie £imiiedChArt¢rtdCertifiT edAccoupu¢VMS
Advice For Rentern Limited (formerly Brent Private Tenants. Rights
Group Limited)
Company Limited by Guarantoo
Trustees, Annual Report (Incorporating the Dlrectors. Report) (
Advice For Renters Limited (fomierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantse Independent Examlnefs ReF>Ort to the Trustees of Advlce For Renters Llmlted (fomierly Brent Private Tenants. Rights Group Limlted) Year ended 31 March 2021 I report lo the truees on my examinatlon of the finanek?I statements of AdvKe For Renlers Limrted Iforrnerty Brent Private Tenanls. Ryhts Group Lwniiedl he (#wity'l for the year ended 31 March 2021. Rasponsibilluos and basls of r•port As the trustees of the ¢rn laTrJ 90 its thre¢tO for Ihe purposes of company law) you are responsibk for the preparaiKJn of the finarla1 Statern in x£ordance th the requirements of the Companies Ad 2006 ('th8 2( Acri. HavirvJ satisfied Myse th81 the a¢A%urts of the cc¥npany we rK)t requwed to be audrted urKler Part 16 of th8 2006 Acl and are eligible for indeperxlent gxaminalion, l pOrt in respect of my examination of the charity's a¢¢ounts as carried under sedion 145 of the Charitt6s Act 2011 {'Ihe 2011 Act'l. In carrying my examination I have fcdkA%d the Directk)ns given by the Charrty CorrThi55ion und8r I5)Ibl ol Ihe 2011 A Independont examlnerf$ stat•m•nt Sce the Charity's gross excled £250.000 your exwniner musl be a ftnber of a btrjy li5tod in 3ttr)n 145 of the 2011 Act. I confimi that l am qualified lo undertake the examination because l am a member of thè Associat)n crf Chartered Certified Accountants. whith one of tho sled bodw. I have Completed my examinat. I confirm no mthrs ha¥e ccthe lo my attenlKJn l) connect th the examinatK)n giving mè cause to b¥•". ontIng rewrds weTr nol kept in resprt of the charty a$ required by $8CtYJn 386 of the 20C6 Act.. the financial statements rbjt accord with those reco$.. ¢ the fjnancial statements do ncl compty with Ihe accountin9 ra]uirem8nts of section 3 ot the 20C6 Act other than any requirement that Ihe accounts gNe a In and farf ViV•V which is not a matter crmsidered as pwt of an independent ey3minalion', or th¢ finan¢ial staten*nts have ncrt been pffjpared li a¢cordance wfth the rQd$ and piinciples of the Ststement of Recorrrfnended Prth for ar£ounling and reporting by charities applicablè to charibes pteparing their accounts in eLcordance with the Fin8ncwl Rep)rting Standard applicab in the UK Republic of Irej (FRS 11r21. JtKknoK Nicholas Assle LimiiedCIMLr¢eredCemfiedAccounionts
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limited) Company Llmited by Guarantee Independent Examinerfs Report to the Trustees of Advice For Renters Llmlted (fom)erly Brent Private Tenants. Rights Group Llmltedl Year ended 31 March 2021 I have concerns 8nd ¢ome ¥ross rto other matlers in conne¢th)n with ihè examination to whith attention should be drawn in thts report in order to a prrJpw und$rstsndiThJ of the c*Jnts lo be rea¢hed. Jobll Assie FCCA Indepeudent Examiner Ja¢knon Nicholas Assie Limited Chart¢red Certified Ae¢ountsDts Suite 7. Meridian House 62 Siation Road Chingford London E4 7BA 2 No¥be[ 2021 Jrtknon NIckn1Ale Limil¢d"ClwteredCertifiedAccoum¢7nts
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limltedl Company Limited by Guarantee Statement of Financial Activities {Including income and expendlture account) Year ended 31 March 2021 2020 fvnds Tot•1 fvnds Total lund$ Income and •ndowm•nts t)onation$ and Grfis Charilable actmlies Other trading actiwlies Itweslrreril income oth.er income 16,667 140.290 2.483 47 .527 13,719 220.460 30,386 360,750 2,483 47 56,527 4).193 16.555 430,781 3,097 117 Total Incomè 216.014 234.179 451,415 Expenditure Expenditure on Ch8rrt•b aclmties Totsl expendllure 203.736 203.7 229.938 433,674 433.674 412,329 412,329 229.938 Net in¢om• and net movement in fundB 12,278 4.241 16,519 39.088 R•¢on¢iliatlon of funds Total funds brought forward Totsl funds ¢aTfiod for¥•awd &S.497 11.381 15.622 97,878 114,397 58.792 98.775 97.878 The statwment offfinan¢K4 acbvities inclth all goi and kS renis vi the year. All income and expendilure frfxn continuing actryths. The llot&4 OD ¥£5 12 to 25 form pArt of these fmtt¢ial sttements. Jockgon Kiehokn Ltsi¢ Limii¢d clwleredCertifiedAcn{ats
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Lhnited by Guarantse Statement of Financial Position 31 March 2021 2020 Flx•d assets Tangible fixed assets 17 4,209 7,227 Current ass0ts 18 109.651 189,993 299.644 92.601 139,OY2 231,693 Cash at bank and 4) hand CredIto. amounts failing due wlthln one yeaf 19 (177.6281 (141.042) 122.016 90.651 126.225 Total ass•ts IS curr•nt liabllittes 97,878 Credltors: amounts f•lllng due aftw mor¢ than on• y•ar {11.8281 114.397 97,878 Funds of th8 eharfty Restricted funds Unreslricted fvnds 15,622 98.775 114.397 11.381 86.497 TrAal charity funds 21 97.878 The notes pagu 12 ts 25 form pxrt of thue financial s¢atemeDI& For the ytrar ending 31 Marth 2021 Ihe Gharrty wa5 enlitled lo exryt from atKif¢ under sert)n 477 ofthe Companies P£t 20C6 rdating to gTraU ccKfipanigs. Directors, respcwibl1•S. The mernber5 have not required the company to obtain an audil of ils fancIal stments for year in question in accordance with tiOn 476; The directors th¢7Aedge res[$1# ftx conwtying wilh the reguirements of the Ad with r8speGI to cOUntry retxxd5 and the preparaiw crf fmrKHI Staleme. These financial statements have tn prepared h accordance w*h the prOViOrts appkcable to companles Sie¢t to the L¥Jmps regime. Jackson Nicholas Assle LirniiedChffjeredCertfjedA¢¢ountants
Advice For Renters Limited (formerty Brent Prlvate Tenants. Rights Group Limited Coinpany Limited by Guayantee ststement of Flnanclal Po$ltion 31 March 2021 These 1cial StalerTts were approveli by the board of trustees and auttK¥ for issue.on 1 émber 2021. are signed on haollhe ix)¥d ty. John Kwan TrLL5toè Jennrfer Wal Trustee Jtxkson Mcholat Assie Limtted CIwi¢red CertifidAccow&ants io
Advlce For Renters Limited Iformerfy Brent Private Tenants. Rights. Group Limited) Company LSrnited by Guarantee ststement of Cash Flows Year ended 31 Ilarch 2021 2021 2020 Cash Ilows from opwating a¢tiwiti•s Net incott 16.519 AdjustnnIS for. Depreciation oftan9ibk red assets Other interest receNable and 5imllar incune Ac¢rued income 3.018 {47) 124,381) 3,018 {1171 (6.4961 Changas in.. TrBde and olhw debtors Trade and otw ¢Tedrtors 4.231 51,514 11.910 1.461 Nol cash flow cperatkng aGIMbes. Cash flows from Inv•stlng acllvities Intgrest ffj¢eNed Purchase oftsngble assets 47 117 (6.120> Ntrt rash used in investsng 47 (6.003> Net incrw in c•sh and c*sh equlyalents Cash and cash equiv•lents at b•ginniry of yr Cash al cash equlvalents * end of ygar 50,901 139.092 42,859 96,233 189,993 139.092 JkSOn Ni¢ho145 31¢ Limiied ClrterCdcrbfiedACc0untlS li
Advice For Renters Llmited (fonnerly Brent Private Tenants, Rights Group Limited Company Lirnlted by Guarantee Notes to the FinancSal Statements Year ended 31 March 2021 GM•ral information The chorty 1$ a pubit benefft ertty al a wivate company kn)ited by guarantee. r•gistered in Engbnd and Wales arKI a registered charity in Engnd and Wths. Tho •SJoss of th• regISted off¢e is 3&38Wllesden Line, Kilbum. Lond. 7ST. Stat•ment of cornpHaiice RecL¥Ymended Praclice.. Accounlrng and Reporting by Charitres preparing their acwunts in accordance the Financid Reporting Standard applb in the UK and Republ of Ireland {FRS102) IssL Octobtr 2019 and thè FinanGial Reporbng stafida applicable in the United Kingdtyn and Republi¢ of ITeLgnd IFRS102} and the Charrt5 Ad 2011, the coWS Act 2006 and UK Generalty Accepted PRctts as rt from 1 January 2019. Ae¢ountlng poli¢ies 8•si$ of PleratIOn The financial 8laierfthts have been prepared cffi Ihe hislorrcal c05t bbsts. The financial $tatements are preparj stj. whKh s the funthMal ofth& entty. Golng conum I the year end Ihe h•J fr88 SelVeS of £98.775 (21f20. .49. The cknarity is partty dependent on un(trfnmitted and u)nlingent grnnt or pKiec# funding. Th& budgel and cash l]ow forecasl for 2021r22 that the chanty ha5 obtsIr funding to cover aH anticipated expenses of the flowIng m¢)nlhs. Tl fiMrKi81 statemènts have thwefore be8n prepared on a going ¢oncem basis. The trustees have sIded the ¥npact of COMD-19 on the charit5 actlvthes and have concludejj there Is rK) long-term irnpact on the Organisation. As a resum, rt 15 Considered that the gc4ng conc8m status remains irrtact Th8r8 ar n¢> mate1 unceTtsintr•s ab¢wl the ¢harW$ abilly to c4rtinw. Jackson Ni¢hokn Assie knmiledChorter¢dCu1ifvdAcco1ats 12
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notss to the Financial Statements Year ended 31 March 2021 Accountlng poli¢ies (c4Urt&•wdJ Judg•m•nts and key sources of estlmation uncwlalnty Tha pieparatw of the financial slatemerrts requires mantyement lo make judgements. astimotes and assumpn$ that affect the amunts repthd. These estimates and judgtsnents are corrtinually reviewed and are based on experience and other fxtors, induding expectatN)n8 offuture ents that are be18d to b8 reasonaAe under the circumstances. Theie have been no judganents {apart from Ih05e InvoIng estunath?ns) that management ha5 made in the process of applying Ihe entty's aCnting poreS and that have the most sfvJnifKanl effect on the amounts recognlsed in the finarK4al statements. ArUnting estimates and assuMptnS are made COrxemg the future and, by their nature. will rare equal the related actual outrI. There have been no assumpt¥)ns or other sources ol estimalk)n uncertainty Ihat have $wJntrficant risk of causing a mwral juStment to the carrying amounts of assets and liabllities within the nèxt financMI year. Fund accounting Unrestricled fijnds aR avaikble for use * the disryeth lh8 Irusle8S to fixther any of th• charitYs pUrpcs. Desi9nated fuThJs are unrestrthd funds eamwrked by t1 tntsteas for partIlar future project or commilment. Restitted fvrxls arn subjected to reStiC$ on ther expenditure dared by the dCOr or through the tern of an appeal. avj fall into ol ts¥o sub4lasses'. restrX&J irKome fund5 or endowment funds. AYI incorne is inthded in the Statent of fir)anoal actNities when &ttitlemenl has passad to t charty, it is probable that the econom bènefts associated with the trantK)n will fbw to the ¢horty and th? arTh)unt can be m&wured. Th& folltré•tn9 spe¢ifK polrAes are applied parb"eular ¢alegories of income.. - income frijrn thalions or grarts is rec£wJnised vknen thero is of entitknlenl to the gi reeeipt Os probable arvj it8 alnI can be measured liablY. - legacy incom i% recogftisad when ro¢eipl is probabl8 and entstknent is established. Income from donoted goL¥J5 is measured at the fair value of the wds unless this is impra¢tic¥l to measure reliably. in whh case the value is derived from the cost to the donor or the estimated resak value. Donotod tsalities and are lene in the COUnts when received rf the value can be r&lobty measured. No amtyjnts ap includod for the nIribUtIon of general - Income from COntrts for the supply of SeNiS is recogn with the ddivery of the contTacl&J servtce. i8 classffied as unrestrKed ftwpJs unle55 there k5 a conlraclual rewiremenl for rt to be spent on a pafftular purpose and retumed rf urwnt, in which case I may be regwdod as rei#Xed. JoGksLm NtGholof Assie IAmiied C14Wtcrcd Cen{fiedAccoJMants 13
Advice For Rentsys Llmited (formerfy Brent Private Tenants, Rights Group Llmited) Company Limited by Guarantee Notes to the Financlal Statements iconthwwQ Year endad 31 March 2021 Accountlng polkles R•souff$ èxp¢nd¢d Expenditwe is reccJni88d on an basis as a lthlty is wKurred. Expendtiure {rude5 any VAT which cannot be fijlly recovertd. and is dassifiwj unts headings of the statement of ffinancial adimties to whth it relates." expendrture on rai8Tng fu$ includes the ecth of all fijrthsing actibilw, evènts. non<haritsble trading aCrt5. arNI the Sale of donated gOC#ts. exyeNJiture on ch81il8ble aclv4ths in¢lude8 o)sts I¥ed by a charity in undertaking athiitps that further its charitabk aim5 for the ben8fit of rts beneficiari8$. including tt support costs 8tKI cosis reLgting to Ihe wemance of the charity apportioned lo charitable other exp8nditure irth8s all penditure that is rrither related to rai¥ry furth for the All costs are alkxated to expenditufe categortes refwing the use of ihe resource. Direct Costs attrfoutabl8 to a siftg actNity are alhxated directy to that adNity. Shared costs affj apportioned belwean th• 8¢tNits th8y COt)trihrte to on a reasonable. iustrfoble and nsisteI basis. Op•rallng l¢a¥es Lease payinants S reccgntsed as an expènse over the lease tenn on a Straht4lne basis. The aggregate benefft Of lease iret$ is lerjniSed as a reducn to expense tho leaso temi. on a stAghl-line s. Tanglble assots TaThJible assets are Initial recorded at cosi and sthsequentty stated at $1 les5 any accumulated depre¢otton and impawment kjsses. Any tart91b assets Garried at reval arUnts Bre recorded al Ihe value at the date ol revaluabon less any subsequ8nt accumulated deprecin and subsequenl CUMUlated tmpaiment10$8es. An increase bn the caThY9 anThint of an asset as a of a rtva1uat*)n. is fe¢cgni8ed in other recognisèd gains and h)5ses. unless it rever505 a charye for Impairment that has previousty been recognlsed as expendiiure wrthin the st8ternent of financial activities. A d8crna$e rn the canying amount of an assel as a resuh of ievalualv)n. bs tnISed in ¢)ther recNanised gathis and10$5es. except to Wh it oftsets any pre¥ioLLS revaluation gain. in which case the bss is shown within othor fecognlsed 98ins aThl tosses on the statwnent Offila1 acfr4ities. Depfecl•tion DapAtiOn is ¢atulated so as to write off the cost or ¥aluakn of an asset. less its resklual val. overlhe useful e¢(In lifv ofthat asset as fojknvs.. Leas8hold Propety and frttings over the teffli of lease straight line over 3 yea Jackfon kni¢ &miiedChw(eralCertifvdAccounlants 14
Advice For Renters Limited (fornierfy Brent Private Tenants, Rights Group Limlted) Cornpany Limited by Guarantee Notes to the Financial Statements (¢onthi Year ended 31 March 2021 Attouthting pol05 (etyrtknu ImpaSrinent of fixed assots A review for Indrg of wnpairIr is carrfed out at exh rewjthng date, wth recoverablg amount bwng estimated such Indicatcrs exiqt the carrying value exceeds the recoverable a)KJunt, the asset is ¥npaired xd1ngty. Pritx impalmients are also revknved far possible reversal * ¢ach reporting date. For the purposes of inpaimwt testitVJ, is nc4 plbkn to estimale the recoverable amount of an irKIMdual asseL an estimate i£ madè of the recoverab amunl of the ¢ash-generating untt to which the asset belongs. The cash-ger1n9 unit is the smallest entTfiable group ol assets tIt indudes the asset and generates cash infiows that largely depet•dent of the Infloy cther as8ets<y grrAIP5 ofass8ts. FinanGlal instruments A finanal asset or a financial liabilty is rac<¥ni5ed onty the entty beMe$ a paty to the ¢cwrtractual provis•)n5 olthe instrumenL Basic financtal instruments awe inilialty recogrwsed at the •UnI reNab cff payab I{1d1n9 any related costs. unless the arTang8ment con5tiéute5 8 finan¢ing transactn, where it is re¢ogni5ed at Ihe present lue of the future payfflertts discoted at a nrket rale of Inte$t fora similar debt instrunwnl. Curr¢nt assets and ¢urrenl lithililiè8 #Je subs•wondy trwsured at the cash or olh•r C$1$ration 8xpe¢led to be p¥J Or arKJ nL diurrted. Any reversals of impairment are rwis&J imndiatety, to the exlent that the reversal not resutt in a ¢arying arTh)unl of the financial asset that exceeds what the carying amount would have been had the Impalmient not previousty been rwniwj. Dofined contrlbullon plans Contributions to dolln8tl contribukn pbns •rn re¢ts3Thsed as an expertse n the peTKd in whlth the related $wice is provlded. Prepwd trOU1[0r£ are r8ccgnised as an assd to the extent that the prepaymaftt vrill lèad to a redLKtb)n in fijture payments or a cash refund. When ¢trib$ we nol expected to be settlgj wty within 12 nw)nths of thè end of the reporting dale in whith the erkwk)yees Mder lated seNice. the liabilty measured on discounted present value basis. cl the di%t is recffjni5&J as an expense in Ihe perith1 in whth it arises. Jacknon Ni¢holqs As¢ie Limil¢dChortered CerlIfiedACWtsts 15
Advice For Renters Limlted (fornierly Bront Private Tenants. Rights Group Limited Company Umlted by Guarantee N¢)tss to the Flnanclal Slatements Year ended 31 March 2021 Llml¢ed by guarnnt•e Advice4Renters Ifoffmedy Brent PrN TerAFts' Rights Goutl 15 a chaiiiable cornp limited by guarantee and was Incowd on 2&h Ortc4)er 1989. It S gowmed by a and articles of assoriatK)n. Nonfj of th& twstees has any boneftsal wrtarest in the ccmpafty. Al ofthe trustees are members ofthe ¢omp8ny guararrtee to crA1bte £1 iti the evert of a winding up. Oonations and gifts lknstsictod Restsicted Total Funds Funds Funds 2021 Donatlon8 Individuals and other 1S.261 13,719 28.980 Glfts Gifts in km 1.406 16.867 1,406 3D,386 13.719 Ftmd$ Funds 2020 Donations Individuas and other 12.207 1.995 14.202 Ghfts Gffts in kind 2.353 16.555 14.560 1,995 Chathable activitles Ure&y Restricted Total Funds Funds Fur6 2021 Housing Other Swi¢es Policy Devebpment and Crynmunty Engageffnt 140.173 123.332 93.288 3.840 263.505 93.288 3,957 360,750 117 140.2 220,460 JacAson Nteholos A5si¢ L1rHiiedCh¢ertdccrI1ffiedAruttn 16
Advice For Renters Limlted (fomierly Brent Prlvate Tenants. Rights Group Llmited) Company Limited by Guarantee Notes to the Financial Slatsments Year ended 31 March 2021 Chai1tsb actlvitles {ecnUowo) UnrestrNtsJ RestriLed Total Furnls Funds Fund$ 2020 Housing Adwce Othèr Services Pdicy Devewnent and CoThwnunity Engagen 155.591 221.586 377,177 43.604 199,195 10,OOD 231,586 430.781 Thfj tdal incom& of £360.750 {202tr. £430.781} has been recewed Irc4n Iho follwng or9anisabons'. 2021 2020 Cc#nmunty Justy¢e Fund Trust for London Legal Aid Ager¢y CIL Tudor Tntst cr¢y Bridge Trust Natiornwrfle BS Cormiunty Fund Contas GLA Tearn London Trust for Londr. Cunmunty ReS FurMI Wave 3 UK Power Nelw0thCSE Catalyst Mrs Smith & Mounl Twsl Brent Q)unal-VSIF NEA aGt•)n for waThn hc¥ne$ Crisi$- In this emergerry toJeth Brent Heatth Watch CAB (BCANI Brent Athice Fund (Hartesden Hub) Frcth Aug 18 G8rfieJd weOn A8 charitsb Trust Awards 4 All London Legal Tntst Support Tonybaa Hall Hardship Fund TT,S00 68,877 53.865 45,040 30.000 29.900 17.645 10,000 155,5 23,405 35,OC 23.892 24.703 1.e67 5.520 5,000 3.600 3.000 2.083 500 480 240 4.167 20,000 25,639 25,000 15,000 10,000 3.604 831 360.750 430.781 Olh•r tradlng actlvrlies Unfeslrthd Total Fynds Unrestricted Total Fiinds Funds 2021 Funds 2020 Renlal Income Legal Adv¢e Inccme 2,880 217 2.880 217 2,483 1483 3,097 3,097 Jackson Nicholos Assie 14rnil¢d Cl4vterrdCertifiedAc¢owilaiits 17
Advice For Renters Limited (fornierfy Brent Private Tenants. Rights Group Limited) ompany Limited by Guarantee Notes to the Financial Statements Ittin{OI Year ended 31 March 2021 lttveslmgnt In¢om• Unrtsted Totsl Funds iknrestrthd Tot Fund$ 2021 Funds 2020 Bank interest 47 47 117 117 othor inco Unrerthd Totsl Funds Lknreslrkted Totsi Funds 2021 Fur 2020 other incorr. r9imbuT8em8rrt of expenses Other income- Job Ret&)tKJn S¢h¢me 56.527 &f.527 &8.527 56,527 10. Expgndlture on ¢haritsble actl¥ili¥ ty fvnd type Unrestrthd Restrtcted Total Fuftds Funds Funds 2021 Provish)n of advKe. thation and Support costs 192.154 11,582 203,736 229.938 422.092 11.582 433,674 229.938 Uniestrida Restricted Total Funds Funts Funds 2020 PVi89n of advth. inf¢Inn and s¢p¥ Support costs 163.764 10.439 238.126 401.89J 10.439 174.203 238.126 412.329 11. Expondltuwe on crItal activ1¢$ ty a¢ti¥ity fy it*s Tolal fvnd¥ ZD21 Tctsl fund 2020 diredty Supwt Wsts 422.0¥2 7.691 3.891 11.582 429,783 3.891 409,2 3.123 Governan costs 422.092 433.674. 412.329 Jackson NicholifjAssie LlmiiedCknrteredCertifvdAecow7fants 18
Advice For Renters Limited (fomierly Brent Private Tenants. Rights Group Limited) Gompany Llmlted by Guarantee Notes to the Financlal Statements (cththuedj Year ended 31 March 2021 12. ATraly of govemanu ¢osts 21r21 2020 Independent examin5 fees SFiA audit f Corporation tox retwn ftss Companvès House Fees Ico 2,313 1.200 320 23 2.313 160 3,891 3.123 13. Net In¢omo incoTrE is stated after chargin{ClI1ng)". Z>21 2020 DepreciatK*n of tangible red 858ets Opefating lease rar 3.018 381 3,018 648 1& Independefit oxaminallon fees 2020 Feès pIe lo Ihe independent examin•1 for. Independent ewnirth ofthe Statements 2.313 2.313 Jtxkson Nh019 tle Luui¢ed c1wredCerttfiCdAc¢ourf(ts 19
Advice For Renters Limited Ifornjerfy Brent Private Tenants, Rights Group Limited) Company Llmlted by Guarantse Notes to the Financlal Statements Year ended 31 March 2021 15. Staff costs The staff sts a1 wnploye8 benefts forthe ffjKMYt.ing pern)d are anatysed as fdows.. 2020 Wages and $8iaries Sockqi securrty costs Empbyer contnbutions to pen5k)n pkns 272.1 20.872 5.135 298.568 258.699 20,344 283.893 The chief exeurtive was patd £41.81012020.. £41,810). The average head Count of emplryyees during the year was 1112021>. 111. The average nun)ber offulktbme equwalent omployeès during the year is anatys¢d as fdl¢M'. 2020 No. Numbw of #tsff ewvJ8ged in ch•itth. knnce alnmn xtNilies 10 No employee rnc*ived emptrie¥ benefts Ormo than £60.0ry) durry the y8¥ (2020.. V•ll. 16. Trust•e remun•rallon and •xp•nse5 NO of the trustees { any persons connected vAth th•n) weivèd any remunlI)n or during Ihe y8ar12020." NII) No trustee5 or other petson related io the charity ha¥ arby per8on•l interest in any ¢crt(8ct transacbtin that hos been 4¥lterwl into ty the durirg the yw12020.' NI). 17. T4nglble fixed assets Land and Fixtijres and buiklir fiitirys rotsl Cost At l April 2020 #nd 31 202t Depr•ciatlon At l April 2020 Charge for the year At 31 March 2021 82.314 15.180 97.494 79.167 978 11.1(Kl 2.040 90.267 3.018 93.285 80.145 13.140 Carrying amount At 31 March 2021 2.169 3.147 Al 31 Maffh 2020 7.227 jksOn Nieholas Assie LTrn11ChTfCrCdcert1fiedAcCoWtyomJ 20
Advice For Renters Limited (fornierly Brent Private Tenants, Rights Group Limitsd) Company Llmited by Guarantse Notes to the Financial Statofflents Year ended 31 March 2021 18. Dobto 2021 2ff20 Trade debt¢)rs Prepayments and acubAd inrA¥ Olherdebto 10.822 98.829 13.074 77,282 2,245 109,6S1 92,601 19. Cre4knrJ: amounts falllng du• Thithln on• y•ar 2021 20 Trade creditors A¢cruals and dglerred Ir So¢ial security and ther taxes Other credrtc 2,656 5.450 44,082 5,528 85,982 23,982 1CQ.122 171,628 141,042 "20. Cr•dltorn: amounts falllng due aft•f mor• than one year 2021 Sotial Secu ond olher taxes 11.828 21. Dgfvrred In¢oma At 1 April 2tr20 Addrtions durtng the year Amounts rekasett to 38.973 48.859 {38J73) 26.907 38,973 126.9071 38.973 At 31 M¥¢h 2021 48,859 21 Ponslons and othar pt¢11r¢et b8nerts Defin•d ¢ontrlbution pla The atsn1 rwnis8d in inc(*me experiLure as an eypEASt in relaiw to defined conlribulion plans was £5,13512020: £4,850). Jks0 Ni¢holqs AsJi¢ LimilcdClwier&4CertlJledAccountants 21
Advlce For Renters Limited lfr>m)erly Brent Private Tenants, Rights
Group Limited)
Company Llmited by Guarantee
Notss to the Flnanclal Statements
Year ended 31 March 2021
Analy$l$ of charitsblo fvnds
Unre8tri¢t•d fvn
At
lrtcthm EyrAnditwe Trnnsfers 31 M•rth 2021
At1Po12
Ggrral fvnds
&5.497
216.014
1203.n61
98.775
At 1 W"12019
InlV ExperKlthJre TransferB 31 Mgrth 2020
Gonwd fvnd$
2)7.834
1174.2031
114.
86.497
ReBlrict•d lund6
At
Ew¥Jth Transfers 31 M•rth 2021
At 1 April 2020
Hardship Furnl
Catal Giant
Green h1 Laws
Irs dl rnoney
Under OrE Roof
Housing Adic8
Advice For Renters Limited (fomierly Brent Prfvate Tenants. Rights Group Limited) Company Limlted by Guarantee Notes to the Financial Ststements (c Year ended 31 March 2021 23. Anatysis of charilable funds At Inctsmg EvdI)Ve TrArtsfws" 31 Marth 2020 1 1 Aprl 2019 Hwdskip Fd Capitst Gr8nt Gen LVJM Las Irs all about money Vndr One Rtsjf Hol1n9 Ad (Awarts forWI + Brgnt kn Furnll BCAN Mayor81 Camp8W Voluntary Seth"r Inall Fund IVSIF) Safe. IAknn & ACTS TFUSt for LOTr Trust for Londcn- Cow1lty Resportse Fund TfU$t for LoThJoft- COVID-19 Brent Pure Ernryy Tudor Trust 11291 1.000 767 {55.0291 132,7931 {65,C651 1.262 60,022 134.06n 118,1451 1983) 1,553 1,85S 4.167 32,7113 1.495 Izwi (28.017) {1.495} 1.787 4,686 CIL Trust for Lorlon (may Camwgnl Br8nl Ceuntl GLA Teams Mairth BS NEA. Acti forWaThn Homes UK Pwr Nthks Brent Health London Calatyst in1-CroJjndin-AcT CrfsLs- In this trWI 1.8 233,581 1238.1261 14.030 11.381 JqcL%on NhOlaS Assie Llmiied ChortsredCeriifledAccounion 23
Advice For Rentèrs Limited (fomierly Brent Private Tenants, Rights Group Limited) Company Llmit•d by Guaranteo Notes to the Flnancial Statements Year ended 31 March 2021 23. Anatysls of charltsble fvnds Pu Brent Couniil VSIF: To increase the skills of Partrws * Brenl H 8renl Heath Watch.. To consu r Senior Rertws. GWJ on health ieW terS Caritas". A eontribution to our financ1 irKlusron seM¢es Communty Infrastructwe Levy: The main our f¢1•1 MWu$¢)n swvices Cty Brid9e Tntst. For a part-lime housing arkner GIA Team LoThYcn.' A sockgl pres¢ring 8eNte to bneline¥$ and socwl rJoiatton through the provision of ffEntor5 NaliorbwJe BS Communty Fund". Irb7easing health and wellbeir¥J by iiryroving ontets. living cortditions. ¥4thing th heath prthiders to prryyth sctkal prgsclbing. NEA.. Fuel povety a(aNty dumg klayoral eleLtsn carrp8iJn Trust for LO1.. Ligm Laws . wo¥iskx of advice in areas ncrt cobpred by legal Cofflmunty Response Fund (w 3}: To provwje Weffafv 8wfts adv Tudry Tnjst To pwD¥ide a Mething and BofriendKvJ S8Mce for prviate Tentw¥ UK Pw N*rks.. To WKle enwgy renters in fud p)vetty LL¥wJon Calatyst.. To sepKe our Seniy Renlets. Grwp Ja¢kson Ni¢hglw Limii¢dCharieredC¢rlifiedAcco¥nIis 24-
Advice For Renters Limited {fornierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to th• Financial Statements {¢(vKw Year ended 31 March 2021 24. Analysi$ of not assets b¢tvften fuDds Unrestri¢W Restrided Total Funds Funds Funds 2021 Tawble rued assets Current assels Cie(lilors less than 1 year Creditors greater than 1 year Net a¥s•ts 4.209 284.022 (177.6281 111.828) 98.775 4,209 299,644 1177,628) 111,828) 114,397 15.622 15,622 Unre5trthd RestricW Tclal Funds Fund$ Funds 2020 Tangib rd assets Curnt assets cttOr$ less than 1 y Cre(SrtOfs greater than 1 year Net assets 7.227 215.608 {141.042) 7,227 231,693 1141.0421 16.085 81.793 16.085 97.878 25. Analysis of ¢hanges in net debt At At 1 hpr 2QO Cash ftvs 31 r 2021 Cash a bank and 139.W2 So.1 189,993 26. Opw¥ting lea comrnitin¢nts The ttxal future minimwn lease pents urthr noA-cancAable operating 85es are as follovts.. 2021 2020 lthrth 1 year aNI not later S year5 52.500 75.000 The lease expired in August 2014 and a new lease was •Jreed in May 2015. leose temi IrCn May 2015 is for 8 yws lo 223. The rent from June 2015 Ls £22,500 p.a. 27. Rglaled parti•5 During the year the charty rwNed fiJnds on behaw of cJnts. The funds were hekl in 8ep8rBte Cltent xcount subject to the Soliutrm A¢Unts wles. The funds are sepsratety accounted for and do not forni part of the dwrty$ 8ssets. At th• £88.468 {2020'. £69.1681 was helj bn the ac03. JÉ7cksgn NicholasAssie LJ'miiEd ChMeredCerlifiedA¢co¥niants 25