COMPANY REGISTRATION NUMBER: 2436887 CHARITY REGISTRATION NUMBER: 1051979 Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Financial Statements 31 March 2022 111 111 A8ZXOR118 2310Y2023 fThlPAAIES HOUSE A16 JACKSON NICHOLAS ASSIE LIMITED Chartered Certified Accountants & statutory auditor Suite 7, Meridian House 62 Station Road Chingford London E4 7BA
Advice For Renters Limited (fomierly Brent Private Tenants, Rights Group Limited) Company Limited by Guarantee Financial Statements Year ended 31 March 2022 Page Trustees, annual report (incorporating the directors, report) Independent auditots report to the members Statement of financial activities (including income and expenditure account) 11 Statement of financial position 12 Statement of cash flows 13 Notes to the financial statements 14
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 2022 The trustees, who are also the directors for the purp05e5 of cnpanY knv. psent their report and the financial statements of the chanty for the year ended 31 March 2022. Reference and administrative details Registere(I charity name Advice For Renters Limited Brent Private Tenants, Rights Group Limiledl Charity r8gistration number Company registration number 2436887 1051979 Principal office and registered 36-38 Willesden Lane office Kilbum London 7ST The trustevJ John Kwan George Bangham Rthrt Johnson Jemiaine Ranger Craig Parker Jennrfer Wall Pamela Marum Tanq Makwjum IResvJned 27 May 2021} Iserved from 13 May 2021 10 15 December 20221 Chlef Exe¢utfve Officer Jaek Pe Joe Co {Resign&J 17 November 2021) IAppoinled 17 November 2021) Company secretary John Kwan Bankera Unity Trust Bank PO Box 7193 Pkanelary Road Willenhall Road Willenhall W119DG Audltor Jackson Nicholas Assie Limited charte certed Accountsrtts & slatutory auditor Suite 7. Meridian House 62 Station R¢% Chingford London E4 78A
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (con&nu•dJ Year ended 31 March 2022 Structure. governance and management Advice for Renters is a charitable company limited by guarantee and was incorpofaled on 26 October 1989. It was regi$t8red as a charity on 31 January 1996. It i$govemed by a memorandum and articles of aSsocli0n. The Iruslees, who are abo the direthrs purpose of company law. and who served during the year were George Bangham Jennrfer Wall Robert John50n John Kwan Pam Marum Jermaine Ranger Tanq Mukadam None of the trustees has any benefficial Inte$1 in the company. All of the truslees are membets of the company and guarantee lo contribute £1 in the event of a wnding up. There are no persons with signtficant control. Trustees meet regUrIY at leasl 4 times a year lo manage A4R's affairs, with 'virtual' online rewew5 in befvleen each face-to-face meeting. At each AGM all Board members stand down and if they wish to continue, offer themsefves for re-eleclv)n. During the year the charty empbyed an average of 11 stsff whowere engaged in Charitab actNities. finance and adMinistratn. The number of staff employed increased from the previous year due lo our new prqeets, UKPN Power Portners {from June 2022), Sc¢iety for Hoty Chikj Jesus (from October 20211 and the National Lottery. Risk Management The trustees have assessed the major risks to which A4R is exposed and are satisfied that systems are in place lo mrtigate exposure lo the major risks. Service delNery standards are maintsined by adherence to our SplalISt Qualty Mark {Housing}. Objectives and actlvities and strategic report A4R's objects are to relVe poverty amongst tenants in England who a in need, and in particular by assisb.ng in the provision of adve, inforrnatNJn and serv. Thg focu$ of our work The objethives continue to be achieved for the most part through the operation of our Housing Adv Centre, with most work being delivered under our contr&t th the Legal Aid Agency. The reductton in fees payable for legal aid work in 2011, and the subsequent freezing of those fees ever since. and Court deL8ys as well as general back1 from Covid-19 means that income this source is no longer sufficient to sustain our SpLalist adVe servvs. We are very 9raleful to the Trust for London for their grant which enables us to advise lenanls whose problems fall outshle Ihe narrow confines of legal aid. Wrth this grant we have been abk lo assist tenants to use the
Advice For Renters Limited (formerly Brent Private Tenants. Rlghts Group Limited) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Reportl (eontlnts•dJ Year ended 31 March 2022 The First Tier Tribunal IP(Oty Chamberl where they are elb3ible to apply for a Rent Repayment Order. and to explore and lest under-used areas of law. Our Housing Advice Centre has also been able to focus on tenants whose Iwing condrtions athersely affect their heaKh and wellbeing, including those in fuel povety and those finding rt diffKuf( to cope wf(h their housing costs. This is thank5 to the generous grants from The Tudor Trust and the Cty Bridge Trust who agreed to provmdeioint fundin9 for our Undw One Roof project which funds not onty legal advice b(rt also Ihe invaluable compkmentsry support through our Mentoring SerVe $upwted now by the Natnal Lottery. How our services delivef public benefit The trustees confimi that they have complied with their duty lo have due gard to the Charity Commission's public benefrt guidance when exereising any powers or duties lo which the guidance is rekvant. The ovefarching benefrt which we aim to achieve is to improve heamh and wellbeing. We strive to achieve this by prerfnoting deeent. secure, aff¢)rdable prNate rented homes with access lo rights and justice for all regardless of income. We do this by, Providing direct advv and support to priv*e tenanls Bringing tenants tcgether to strengthen Iheir v0e Collecting informalb)n and ewdence and disseminating for char#Je Workin9 Wrth other5 to deliver Serv¥. share meswes and increase the charitls influence Empowering through lenant 1nvofveffI and represenlalK Achievement and performance A4R fulfilled all its contractual oblvJations. harlirj a total d 431 cases during the year. Financial Review The charity succeeded wrth £44.604 of'pr¢)fit' thal was put into reseNes. F& ineome is being elosety monitored in the current year. R8seNe$ Policy 11 is A4R's policy to maintain a knl of unrestrtcted and undes(gnated SeNe$ equivalent lo three months, turnover. Investment Poliey Tne charity does n¢X yel have suffrient reserves to merit an Investment Policy. Plans for future periods Most of the grant funding secured in the year under revw will continue to 2022. A CEO took over in December 2021.Thi8 fresh input, combined with the income already in p18ce, may enable Iruslees lo undertake a bnger-term strategic look at the future direct whKh the charity should take, in consuhation Wbth staff. members and servKe users. Events after the end of the reporting period Particulars of events afterthe reporting date are detailed in note 30 of the financial ststenknts.
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (coniiftu Year ended 31 March 2022 Auditor¥ Jackson and Jackson were rtrapwnted as our independent •x3min8rs at knual General Meeting. As audito(s, Jackson aThJ Jackson are also responstlle for priKturyrs an $nnu81 ReKy)rt on our dnt account. The accounts bemg wred in )[danc ¥nth Ihe xcounting kKAKiÈS Sèt out in not• 1 to the accounts and cornply with A4R's Memorandwn and kn'des. as well as the Charty CTrmrni5sion's Awounting and R8poth"ng by Chanh"&s." Slat•ment of Recommended Practs¢e applicable to cha10$ prèpanng theif acclnts in accordance the FinarKtal Repon9 Standard 8ppltable in Ihe UK and RepuOINc of Iland (FRS 102) {effeGtive l J8nuary 2015). Truste. re$pon$ibiliti¢$ ¥lat•ment Res sibilrtes lal the directors are re5wn%b prepanr9 ts Directors. Repcfft and the ffinanoal Ststerrents in accordance with 4plicable and re9ulalions and in rdancE with United ngdorn Generdlly AtcepiÈd Acmunbng practi.. Ibl ornpany law reqwres the directors must not approve the financtal ststements unless they are sali5fi¢d that they givtr a truè and tsir of thè stste of affair5 ofthe charity and of surplus of deficit profit or loss ofthe chaiity for Ihat Fe", Icl in Fyeparing the finartual ststwnents Ihe th.0[5 are ryir•J to." selBct SUrtab accwnb"ThJ polKiès and thèn appty consistentty., make Ju(SJemÈnts and accounting esb"mate5 that are asOnab and pnhnt. stste whether apiCab aunt1j standards have been followed. sut)iect to any material departures dBdosed and explained in Ihe finanoal stslem&)ts,' and prepa the finanual ststements on the grj toncèm basts un$ it i8 inappropriate to presume that th8 tharrty will conb.nue in"bvsinass. livl Idi the directors are resp•b for keepiTrJ adeW xcouthg r05 thal are suffvent to and explain the cornpanls Iran58(aiof and di5dose wrth reasonabk alxuracy at any bme the financial posrtion of the charty and that ènab them to ènsure trwt finarthl ststements coMY wrth thè Compans Att, lel the directo are re5F#)nts4e fDf 5uardir¥J assets ofthe Chanty hence lor takirvJ reasonab Steps for Ihe prevenbon and detection of fraud and ¢)ther irregularitw. and ifj where appropnate. Ihe (Ji¢t0 are respwyt4e for maintenarte integrity of the corporato and finarKial infonnation induded charws wtbsite. In the case of CA 06 Co.4418(2} each ol its petsorns V+ ar directors atthe time when the report 15 arproved, the IdhM"ng appl8." lal so far as èach director is &Wa. there is no k¥an1 audit inltsmiakn linformats.on needed by the company's auditors in connath.on Wbth preparing their report) ol whh thè o)mpanl$ aLvJitots are unawar8, and
Advice For Renters Llmlted (formerly Brent Private Tenants, Rights Group Limited) Company Limited by Guarantee Trustees. Annual Reportllncorporating the Directors. Report) {con¢uiu Year ended 31 March 2022 {bl each director has taken all the steps that he ought lo have taken as a director in order lo make himseFf aware of any renI audrt informats.on and to estsblish that the company's auditors are aware of Ihal information Auditor Exh of the persons who is a trustee at the ¢Jate of approval of this feport confims that.. so far as they are awa. there is no rekvant audit Infonnatn of whth the charws auditor is unaware.. and they have laken all steps that they cxjght to have taken as a trustee to me themselves aware of any relevant audrt infomialion and lo estsblish that the charity's auditor is aware ofthat informath?n. Small company provisions This report has been prepared in accordarKe with the pmis)ns applicable to Compan entitled lo the small CnpanIeS exemption. The Iruslees. annual report (incorporating the directOTS' reFQrtI was approved on 21 March, 2023 and signed on behaK of the board ol Iwstees by- John Kwan Trustee
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantse Independent Auditovs Report to the Members of Advlce For Rentsrs Limited (fonnerty Brent Private Tenants. Rights Group Limited Year ended 31 March 2022 Opinion have audited Ihe finanti81 stateThts of Athe For Renter5 Linrted ltre '¢harity'l for the year ended 31 March 2022 which Ccfflkvise the statem8nt of finanoal ac2iwts I1ndL1r income and eynditure accountl. $tatament tsf finan¢i81 PJsti. statèrnenl of cash11ry4¥S aTrJ Ihe relqled notes. indudirg a surnmary of signikant aCcxJunn9 WleS. The financial repoElJng fr&Wo Ihal has been applied in th•ir preparation is apFAubl• law ènd United Kingdom Accounng Standards. IncludiTrJ FRS 102 The Financk31 RerKJrts'rg Stsndard applicab in the UK and Republic of Ireland (United lQngdom Generally AtpIed AcctyJntu¥J Praclcèl. In our opinion the auLJited financial stawnents". give a true and tsir wew of the state of the charitys affairs as of 31 Match 2022 an¢Y ofrts incomiry OU[Ce$ and apptatOrt of resources. indlirI3 its incnme and expeTrJthJre. for the year Ihen ended.. have tfi prorerfy wep8 in accorda ¥Ath Unibj a)un"n9 StaTrJard5. incI11r0 FRS102 The Finanud Reporbrg Standard alat4e Ki the UK aThJ Reputlic of Ireland", and have bgen prepared in accordan wth wuiremenls ofts cryPan Acl 2(. 8asi# lor opinion IAÈ conducted our audrt in accordan wrth lntemab.onal Standards on ALLTra IUKI IISAS IUKII and applicable law. Oui re5ponsts'libes Ihose standards we f4Jrther descritrAI in the aitorS wponsibilities ts the audit of the finanoal ststements seclx)n of ojr rport IAè ar• irtdyndent of the charty in accordancè vthh the ethical reqU1ments lating to the audit ol the finarKial statwnents In thè UK. irtludirg the Finawal Reporbng Standards (the 'FRC'sl Elhical Standard. aThY we have fuffilled our olher eihi(aJ responsibilrties in accordance wrth these requ1mentS. We belthe Ihat the audit ha¥e thinod ts sufficiant and ¥prowate to wov• a basis for our opinion. In cc¥nmon wth many other charl$ ofthi5 yze ar¥J naturp the a to 85SiStvthh the preparatr)n ol thè financial ststemènts. Concluslorts relallng to gdn9 con¢•m In audng the financial st8ternents. have jnd¢ed that the twstees use of the gn9 corrRrn basi% of account.ng in preparation ol the financial StaMents is aFwriate. Based on the w¢)d(. ha4E Ferfonneil. we have Th)t lenfell any fflaterial urtsrtants relab"ThJ to e¥ents r conditions that. lThJividual or colkctively. may casi %gnIfnt doubt on the eharity's ability tg ¢ontinue as a going cortern for a period of at least fr1Ve months frcm the financial statements are aulhorised lor issue. Howevef, as we cant pret all fvture ev8nls or coThYrtions arY as subseqLEnl events may rèsu in ouicomes that am inconsistent iu¢Jgements that were reasonable ai thè timè thèy were made. the absence ol ference to a material rrtaInty in this auditor's reptyl is not a guarantee that the Ccfftpany wl coniiThJe In operation. Our rèsportsibilth.es and tt* reSpSIbl•S of Imsttes wrth res1 to 9JirwJ eont4m are descnted in the revant sections of this report.
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Independent Auditorfs Report to the Members of Advice For Renters Limited Ifomierly Brent Private Tenants. Rights Group Limited) (¢oniittu• Year ended 31 March 2022 Other information The other information cornprises the information included in the Irustees. report, other than the financk31 statements and our auditors report thereon. The truslees are s)nSIble lor the other information contained within the trustees. report. Our opinion on the finanaal statements does not cover the other information and, exeept lo the extent Othee explKrtty ststed in our feport. we do not express any form of assurance conclusion Ihereon. In connectw with our ajr( oflhe ffnancral StentS. our responsibility 1$ to read the other inforrnation and, in doing so. eonsider whether the other informatp)n is materialty inconsistent wrth the financial slalements or our knowledge obtained in the course of the audrt or othenvise appears to be materially misslaled. If we tdenlify such malwial inconsisterties oi apparent material misstatements, we are required lo delwmine whethef this gives rise to a material misslalement in the financial slalements. If, based on the work we have perfomied. we conclude thal there is a material misstatement of this other inform8tKJn. we are required to report that fact. We have nothing lo rewt in this regard. Opinions on other mattws prescribed by the Companies Act 2006 In our opnion. based on the work undertaken in the course of the ajit. the information given in the trustees. rew)rt (incorptIng the Directors, Report) for the financial year for which the audfted financial statemenls a prepared is consL%lent with the audited financial slalements," the Directors. Report has been prepared in accordance with applr¢able legal requirements Matters on whlch we are required to report by exception In the light of the knovthedge and urYerstanding of the charity and its enwronmenl obtained in the course of the audrt, we have not identified material mi8ststements in the trustees. report. We have nothing lo report In respect of ihe follwing matters in relation lo whth the CompleS Act 2006 requires us lo report lo you if, in our Opinn." adequate aecounting records have not been kept. or retums adequate for our audit have not been received from branches not visited by us", or the audited financial ststements ¥e not in agreement with the accounting reci)rds and returns", or certain disclosures of trustees. remuneration speerfd by l&¥ are not rnade; or we have not received all the inf(xmabon and explanaliws require for wr audit., or the trustees were not entitled to ppare the audited financial slalemenls in accordance with the small wmpanies wime and lake advantage of the small companies. exemptions in preparing the directors, report and from the requirement to prepare a Strateg repryt.
Advice For Renters Limited {fonnerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantse Independent Auditor's Report to the Members of Advice For Renters Limited (fomierly Brent Private Tenants, Rights Group Limited) (eOnknu•dJ Year ended 31 March 2022 Responsibllities of tru¥te¢¥ As eXplairrt MO fijlly in the trusiets, resF¥Jnsiknl)bèS $tattn[ thè trustèes {%)0 are akn the dir•¢tors for the purposes of cornpany lawl a reSpoThSie for Ihe preparab.on of the finanual statements in aordaft wilh the appluble finaneial reporbThJ tramework artd for Satisfied that thèy givè a and fair view, and for suth intamal control as the trustees deiemiine Is rlecessary to enabte the preparatton of audited financial staternents that afv fm frorn material misststerrnt. whether ¢kn to fra1 or error. In prepariThJ the financial statements. thè trustees arè responsjblè for assessing chantys abilty to continue as a goir¥J eon¢ern. disdosin9. as applicable. matters related to g¢yrfj concem arKJ using the 90iry )nceM basis or accounling unless the trLLsiees either Inte to INuMlate Ihe chity or to cease 0rationS, or hav& no realists"c altematsve but to do so. Audito¢5 Resportslbilrtles for the Audit of the Financlal Statements Our objectives areto obtain reasonable assuran atxjut wlEther Ihe finanaal stalements as a wholè a free from rnaterial rni8statement, vthether due to traud or error, and to issue an audrtorfs report that includes our opinion. Reasonab 8$5ur8nce is a high level of assurance but is not a guarantee that an aLKlit coThJucted in accoance with ISAS IUKI wll ah¥ays ¢Jetect a material misstatsffnt then rt exists K4isststements Can arise from fraud or error and ar6 conshlered material il, individually or in the ajate. thèy could rnasonabty be èypected to infiu$nc• economLC d&cin$ of usèrs takén on the basis ofthese frnanual statements. As part of an audit in accordance vthh ISAS IUKI. we exercise prof1onal Juthjment aTrJ rnaintsin professi(ffial SC8pts"usm throu9houl the audit We also. Idenbfy and assess the n5k5 of material misstst•ment of the audited finantsal statements, whethèr duè to fraud or error. design and perfolm audrt prctedures resF(¥wve to those risks. aTrJ obtsin audit wKlence that SufficnI anil appropnate to pfov#Ye a basis for thjr 05yn¢on The risk of nol detecting 3 material misstaternent re5u.ng from fraud B hgher than lor one resulbrMJ from error. a5 fraud may invofve coltsion, Igery. intenb.onal tsmissions. miswrtsentattr)ns, w the override of intemal control. Oblain an uTrJerstanding of intemal control vant to Ihe audrt in order to desKJn procedures that are appropriate in the clrcurnstsn. bul not for Ihe puw ofgxpressing an op1rOn on the eft8CtNeress ofthg tamal Control. Evaluatè the appropri8tsness ol accounting uséd Ihe rtasonablefss of accounts"rrfJ ¥sbm¢s and related disdosures made by the trustees. Conclude on the appropriateness ofthe trustees. use Of goir4J concem basis Oracnn9 and, based on the audil evtiYen¢e obtsined. whelher a material uncertainty exists related to trvents or Condit)n5 that May st significant doubt on the charrty's abilty to conbnue as a going conrn. 11 we Conclude that a material uncertainty exists, we are to d¥aw attentson in our 8Y4t0rs report to the related discb5ures in the audrted finala1 staternents or. if such disclosurès ara inadaquate. to mLify our opinion. Our ¢ondusion$ are based on the audit evidence obtained up to the date of our a110$ report However. ffiAure events or coThJitti?ns fflay cause the chanty to se to tontsThA as a eonc•m.
Advice For Renters Limited (fonnerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Independent Auditorfs Report to the Meml)ers of Advice For Renters Limited (formerly Brent Private Tenants, Rights Group Limited) (conluiu8dJ Year ended 31 March 2022 Evaluate the overall presentstion. structure and content of the audtted financial slalemenls, including the dClOsUre5. and whetherthe audrted financial statements represent the undertying Iransactk)ns and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding. among other matters. the planned scope and bming of the audrt and signrfunt audrt firKlings. includirMJ any signiftsnt defitn¢$ in intemal ¢ontrol that we identfy durirvJ our audtt. Extont to which the audit was considered upable of detecting irregularities, including fraud Irregularities, meluding fraud. are stanCeS of noncOmpliance wrth laws and regulations. We design procedures in line wlh our sponSIbl1ities. ouuined above, to éelect material misststemenls in sPeCt or irregularities. including fraud. The extenl lo whKh our prc*edures are capable of detecting irregularities, including fraud is detailed beh)w." We considered the nature ofthechanty's industry and rts eonlfol environment and reviewed the charty's documentation of their polues and procedures relating to fraud arvs complk4nce with laws and regulations We also enquired of management and others wrthin t1 enlrty about their Klenlrftcation and a$ses$ment of the nsks of irreguLarities_ We obtained an understanding of the legal and regulatory frrkS Ihal the chanty operates in, and Identrfd the key laws and regulations that". had a direct effKI on the detemiInatn of material amounts and disclosures in Ihe financial statements. These included the Companies Act. Charities Act, Charrties (Accounts and Reports) Regulations 2008, Health and Safety Aci. employmenl kw. pensions legislation. tax legislation, Bribery Act and Slavery Act.. and do not have a direct effect on the finaneAI ststements bul cc¥npliance w¢th which may be fundamental lo the chanty's abilty to operate or to avoid a matenal penaty. These included the Charty Commission for England and Wales Icharrty commissn) regulats"ons, fundraising reguklions and Anli.Money LaunderiNJ Regulat)n5 {including Proceeds of cri Act 2002 and Terrorp5m Act 20001 We discussed amorKJ the audit 8ngagemenl team regarding the opportunities and IentiveS that may exist within the organisatn for fraud and how and where fraLKI might occur in the financial statements. As a resu of perfomiing the above, we Klentffied the 9reatesl potential for fraud in the following aas, and our specific procedures performed to address them are described beh)w.' Recognit¢on of grant income.. this invofves judgenI around whether grants have perfomiance conditions attached to them which have lo be met before income can be regnised, as well as judgement over whether or not those condrtions have been satsfied. On a sample basis. we have a$se$sed the judgements and estimates made by management in the regnition of this incorr. - Appropriate all¢xation of restricted income.. there is a risk that restrided income rnay not have been idenlrfied and allocated as such. We rewewed the allocation of income to restricted or unrestred lunds on ini(ial recognit lo ensure restrlonS were appropriatety identified and applied. and we reviewed fund transfers frcyn restrted lo unrest(ted fvnds lo assess the ralK)nak for those movements.
Advice For Renters Limited (fornlerly Brent Private Tenants, Rights Group Limited) Company Limited by Guarantee Independent Auditor's Report to the Members of Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) (continu} Year.ended 31 March 2022 In common with all audrts under ISAS {UK). we are also required lo perfom Slf prCdUres to respond lo th8 risk of management override. In addsing the risk of fraud through management override of eonlrols. we lesled the appropriateness ofjoumal entries and other a(ljustments', assessed whether the judgements made in making accounting estimates are Indate of a potential bias", and evaluated the business rationa of ar)y sKJnfficant transactions that a unusual outshde the normal course of business. In addition to the above, our prctedures to sPond to the risks idenlffied included the folbwing.. reviewing ffinanck11 statement diselosures by testing lo supporting dmentatIOn to assess compliance wf(h provisions of vant laws and regulath)ns described as havirrfj a direct effect on the financial slalements., - performin9 anatylical procedures to identrfy any unLb5ual or unexpected relatKJnships that may Inde risks of material misslalement due lo fraud", enquiring of managemenl concerning actual and potential litigatK>n and ckim5, and instan¢e$ of non- compliance v4rth laws and regulal¢ons," and reading minLrtes of meetings of those charged wilh govemance. revwing intemal management ports. reviewng correspondence with HMRC and wblh the Charity Commission Other Matte The opening balances are unaudrted asthecharrty was not required to undergo an audit in the previc¥Js year. Use of Ouf rei)ort This report is made solely to the chanty's members. as a bcrfty. in accordance with Chapter 3 of Part 16 of the C¢)mpanies Acl 20C6. Our audit wort( has been undertaken so that we might slate lo the charity's members those matters we are required lo state to them in an auditorfs report and for no other puOse. To the fullest exient permitted by kw, we do not accept or assume responsibilrty to anyone other than the charity arKI the chafty's members as a ty. our audit Work. for thi5 report. or for the opinions we have fom)ed Joho A5si¢ FCCA Iseoior Ststwtory Audit¥Jr) for and on b¢half of Jckson Ni¢holA$ As$ie Lirniied Cbart¢red Certifd A<COnInIS and ststt0ry Audi•rs Suite 7. Meridian House 62 Station Road Chingford London E4 7BA 22 March 2023 10
Advice For Renters Limited {formerfy Brent Private Tenants. Rights Group Limited Company Limited by Guarantee Statement of Flnanclal Activities (including income and expenditure account) Year ended 31 March 2022 2022 Restricted funds Total funds Total funds 2021 Un$trted fvnds Income and endovmients Donatn$ and Gifts Charitable actNils Other trading aclivrts Investment income Other income 15.992 108.368 3.280 40 $9.152 10.380 307.203 26.372 415,571 3.280 40 59.152 30,386 360.750 2,483 47 S6,527 Total incorne 186.832 317.583 504.415 450,193 Expenditure Expendi(ure on eharilabje activrties Total expenditure 157.823 301,988 459.811 433.674 157,823 301.988 459,811 433,674 N•t in¢om• 29,009 15.595 44,604 16,519 Transfers between funds {2,051) 2.051 Net movement in funds 26.958 17.646 44.604 16.519 Re¢on¢iliation of funds Total funds brought fomard Total funds carried forward 98.775 125,733 15,622 33,268 114.397 97.878 114.397 159,001 The slalemenl of financial activities includes all gains and losses reec#3nised in the year. All income and expenditure derNe from continuing actm1. The notss on pages 14 to 29 fonn partof these financial staternents. 11
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited Company Limited by Guarantee ststement of Financlal Posltlon 31 March 2022 2022 2021 Notè Fixed assets Tangible fixed assets 19 1.191 4.209 Current assets Debtors Cash al bank and in hand 138,727 133.497 109,651 189.993 272.224 299,644 Creditors: amounts falling due within one year Not cuOnt assets 21 106.190 177,628 166.034 167,22S 122.016 Total assets less Current liabilities 126.22S Creditors: amounts falling due after more than one year Net assets 22 8.224 11.828 159,001 114,397 Funds ofthe charfty Reslricled funds Unrestricted funds 33.268 125.733 15,622 98,775 Total charity funds 159,001 114.397 These financial ststements have been prepared in aecordance with the provisions applscable lo companies sU.e¢l lo the small companies, regrme. These financial slalementswere appr¢)ved by the board oltrustees and authon.sed for issue on 21 March 2023, and are signed on behaw of the board by." John Kwan Trustee Jennrfer Wall Trustee The notss on page5 14 to 29 fom part ofthese finanelal $tat•m•nts. 12
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2022 2022 2021 Cash flows from operating activities Net income 44.604 16.519 Adjuslments for. Depreciation of tangible fixed assets Other interest receivable arKI similar income Accrued income 3.018 1401 (38,7461 3.018 (47) 124.381) Changes in.. Trade and othef debtors Trade and other credrto 9,178 (74,5501 156.536) 4.231 51.514 Cash generated from operations 50,854 Interest received 40 47 Net eash (used inyfrom operating xtNrtie5 156,4961 50,901 Net Idecreasevincrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash QqUNalents at end of year 156,496) 189,993 50,901 139,092 133,497 189.993 The notes on pag8s 14 to 29 fom¥ part ol these financial ststèments. 13
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Llmlted by Guarantee Notes to the Financial Statements Year ended 31 March 2022 General inforniation The charity is a public benefft entity and a private corryany limited by guarantee. registered in England and Wales and a registered charity in Ertglènd and Wales. The address of the registered office is 36-38 Willesden Lane. Kilburn. Londort, 7ST. Statement of compliance These financial slalements have been prepared in complrdnce wrth FRS 102. 'The Financial Reporting Stand8rd applicable in the UK and the Republtc of Ireland.. the Statement of Recommended Piaclice applicable to charrties preparing th[ accounts in accordance with the Finanei31 Reporting Standard applicable in the UK and Republ of Ireland {FRS 1021 (Charities SORP IFRS 1021) and the Companies Act 2[6. Accounting policies Basis of preparation The financ1 stalements have been prepared on the historical cost basis. The financial slalements are prepared in slerling. whKh is the fU10nal currency of the enlty. Going concern Al the yeai end the charity had free reserves of £125,33312021.. £98.775). The charty is part dependent on uncommrtted and contingent grant ty project funding. The budget and cash flow forecast for 2022Q3 and 2023r24. Sh that the tharity has obtained Surflent funding lo cover all anlicipaled expenses of the following tsvefve mcrfths. The finanual statements have therefore been prepared on 8 going concern sts. The Iruslees have consNJered then long term impact, of cov119, the strategic plans, and discemible faCtCS in the foreseeabke operating environrnenl, on the charity's aclivrties. and have concIled, there is no long-term negative impact on the organi5alion. As a resurt, il is nSKtered that the going concem slalus remains inla¢l. There a therefore. no material uncertaintses, about the ch*iVs abilTty to continue rts cperalions. 14
Advice For Renters Limited (fornierly Brent Private Tenants, Rights Group Limitedl Company Limited by Guarantee Notes to the Financial Statements fconiinwffj Year ended 31 March 2022 Accounting policies (Cor#e) Judgements and key sources of estimation untertainty The preparation of the financial StatenIS requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimes and judgements a onlinually rewewed and are basell on experience and ¢Xher factors, including expectations of fulufe events that are believ&J lo be rea50nats under the circumstances. There have been no judgements lapart from those Invoing eslimalionsl that management ha5 made in the process of applying the entity's accounting poli¢s and that have the most Sl9nificanl effect on the amounts recognK8ed in the financial ststemenls. Accounting eslwrwtes and assumptions are m&Ye ettern1Th9 the future and, by their nature, will rarely equal the relateil ¥tual out¢¢)me. There have been no assumpthjns or other sources of estimation uncertainty that have a signrficant nsk of causing a maierial adjustment to the ¢arying amount$ of assels and liabilibes within the next finalaS year. Fund atcounting Ufirestrieted funds are avaitable for use at the di%crel*)n of the trustees to further any of the charity's purposes. Designated funds are UnstriCted funds earnrked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expendilure declared by the donor orthrough the lemis of an appeal and fall into one of fy¥0 sub<lasses'. rested income fund$ or end¢)wment fund5. Incoming resources l income is included in the statement of financk41 acliwtw when enlillemenl has passed to the charity, it is probable that the economic benefrts associated wrth Ihe transaction will flow to the harity and the amount can be relrabty measured_ The following specific policies are applied to Partieukr Categor of income.. income from donations or grants is reCOgned when Ihere is evidence of entitlement to the gift, receipt is piobable and its awounl can be mèasured reliably. - legacy income is recogni5ed when receipt is probable and enlrtlement is established. - income ftom contracts for the supply of ser¥e$ is recognised wrth the delivery of the contracted $eMce. This is ckssrfied as unrestricted funds unless there is a contractual qUIreMent for rt to be spent on a PartUlar purpose and urned rf unspent. In which ease f( rrw be regarded as resirKted. 15
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements (¢oDlmwd) Year ended 31 March 2022 Resou8$ expended Expenditure is recognised on an accnjals basis as a liability is incurred. Expenditure includes any VAT whth cannot be fully recovered. and 1$ classifEd under headiThJs of the slalemeni of finala1 activrties to whieh rt relates.. expendrture on raising funds includes the costs of all fundraising activrts. events, non- charitable trading aCtrtIes, and the sale of donated 9¢$. expenditure on charitable activrtie5 includes all costs incurred by a charity in undertaking acliv((ies that further its Charitab aims for the benefit of rts benerlarieS, including those support costs and costs relating to the governance of the Charity aprtned lo charitable activrties. otherexpendi(ure includes all expendrture that is nerther related lo raising funds forthe charity rKlf part of ils expendrture on Charrtab activrt. All costs are althaled to expenditure Categoiies refiecling the use of the resource. Direct costs altribLrtable lo a single actwrty are alkcaled directty lo that xtivrty. Shared costs are apportioned beeen Ihe actiwlies they contribute to on a reasonable. justtfiable and consistent basis. Operating leases Rentals payable underop8rating18ases, where $ubstantolly all the risks and rewards ofownership remain with the lessor, are charged to the statement of f¥)ancial activits on a slravjht-line basis over the lrfe of the lease. Tangible assets Tangibleassels are inrtialty recorded atcost. and subsequentty stated alcost less any accwnulated depreciatn antj impaimienl losses. Any tsn9ib assets carried al revalued amounts a recorded at the fair value at the date ol revaluathjn kn any subsequent accumulated depreciation and subsequent aceumulated impaim)ent losses. An increase in the carrying amount of an asset as a su of a revaluatK)n, recognised in other recognised gains and losses, unless rt reverses a charge for impairment that has previously been recthJnised as expendrture wrthin the sLemenl of finanaal activities. A decrease in the carying amount of an asset as a result of fevaluation, is recogni%ed in other regnised gains antj losses, except to which it offsets any previous revaluation gain. in which case the k)ss is shown wf(hin other recognised gains and k)sses on the statement of financial aclmties. Depreciatl¢)n Depreciation i8 calculated so as lo write off the cost or valuation of an asset, its residual value, over the useful economic lrfe of that asset as follows" Leasehold Prcyty Fixtures and fiiiings over the term of lease Strah1 line over 3 years 16
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements (¢oJth4d) Year ended 31 March 2022 Impairn)ent of fixed assets A review for indalOr$ of impainrnl is Car out at exh repothng dale, with the woverable amount being estimated where such indicators exist. Ihhere the carrying value exceeds the recoverab amc¥Jnl. the asset is impaired accordingly. Prior Impalmnts are also reviewed for possible reversal at each repon9 date. For the purposes of impaimient testing, when it is not 1b[e to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unil to whKh the asset belongs. The Cash-generating unit is the smallest idenlrfiable group of assets that includes the asset and generates cash infichvs that largely independent of the cash flOW$ frcm other assets Of gr(p5 of assets. Flnancial instruments A financial asset or a financial Ikgbilty is recognised onty when the entty becomes a party to Ihe contractual provisions of the inslfument. Bas financial instruments are initBIty reccgnised at the afflcnt r1Vable or payable including any related transaction costs, nsS the arrangement constitutes a financing transacl•)n. where il is reccgnised at the present value of the future payments discounted * a market rate of interest for a similar debt instrument. Current assets and current liabilib.es are subsequently measured atthe cash erolher e41nsideration expected lo be paK1 or received and not discounted. Debt instruments are subsequentty measured at amrtised cost. Defined eontribution plans Contributions to defined contributKJn plan5 are recognised as an expense in the pericJ in which the related seryice is provided. PPal contributions are reeegntsed as an asset to the extent that the prepayment will lead lo a reduct in future payments or a cash refund. Vthen contributions are rK)t expected lo be settkd whdty Trmthin 12 months of the end of the reporting date in which the employees render the related seNce, the liability is measured on a discounted present value basis. The unwinding of the discount reccJni8ed as an expense in the period in which it *ises. 17
Advice For Renters Limited (formerly Brent Private Tenants. RSghts Group Limited) Company Limited by Guarantee Notes to the Financial Statements I¢(1j Year ended 31 March 2022 Limited by guarantee Advice4Renters Ifrymerty Br8nl PrNate Tenants. Rights Gr(xJp is a Charitab company limited by guarantee and was in¢orporated on 26th October 1989. It is govemed by a memorandum and articles of associatKJn. None of the trustees has any beneflat interest in the compary. All of the trustees are members of the company and guarantee lo contribute £1 in the event of a winding up. Donations and gifts Unreslrthd Funds Reslrthl Totsl Funds Funds 2022 Donations IndNiduals and other 15.992 10.380 26,372 Gifts Gifts in kind 15,992 10,380 26.372 Unrestrted Funds Reslricte(l Total Funds Funds 2021 Donations Individuals and olher 15,261 13.719 28.980 Gifts Gths in kind 1,406 1,406 16,667 13.719 30,386 Charitablg artiviligs Unrestrled Funds Restricted Total Funds Funds 2022 Capital Grants Housing Advice Other Services PoIY Development and Communrty Engagerrenl 4,980 89.527 212.696 4.980 177.895 212.696 20,000 88,368 20,000 108.368 307.203 415.571 18
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantse Notes to the Financial Statements {conbnu•OJ Year ended 31 March 2022 Charitable activities (wrttiiwdj Restricted Total Funds Fun¢Js 2021 Funds Capitrl Grants HcMJsing Advice Other Serwce5 Policy Oevekjpment and Ctynmunrty EThJas*meni 140.173 123,332 93,288 3.840 263,505 93,288 3,957 117 140,29) 220,460 360.750 The totsl in0) of £415.57112021.. £360.7X%31 has been receibEd from the Ic4kwiThJ organi5abons'. 2022 2021 Legal Aid fv4ency CIL Trust for Lond Trust lor London- Wdve 3 Community Juslice Fund Cty Bn(I3e Trust UK Power NefvnrfKslCSE Brent Fmana81 UpskilliThJ Brent Heatth Matte Lottery Fwid Socty of Chik1 ofJ•s Carita5 Bnt Advi Fund (Hadesden Hub) frcffl Aug 18 AB Charitable Trust TsJJor Trust Edward HaNst Tudor Trust lIb&in9 Natsonal Private Tenants NakntsJwrfpJè BS Ctynrnunity Fund GLA Team LOon Ltyn(lon Catslysl Mrs Smith & mnt Trust Brent Council- VSIF NEA Action for Wam) Homes CrBis- In this logetrer emergey fuTr Br•nt H•ath Wat 87.867 60.053 39.0 27.6 25.0 20.4%) 20.OLN) 19.995 18,6C 32.149 12,3C 10.orx) 10,0 20,1))O 53.865 45.040 68,877 5,520 77.5 10.CK)O 30,CxJO 4.980 17.645 7,500 3.600 3.000 2.083 500 480 240 415.571 360.750 Other tsading activities Unreslnded Total Funds Unrestricted Tolal Funds Funds 2022 Funds 2021 Rentsl Inccffie Legal Advice Income 2.400 880 2.400 880 2.400 83 2.400 83 3.280 3.280 2,483 2,483 19
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements (conliTru•d) Year ended 31 March 2022 Inv•strnenl income unreStrted Ti>tal Funds UnstrICted Total Funds Funds 2022 Fund5 2021 Bank interest 40 47 47 (hher income Unrestncted Total Funds Unrericted Total Funds Funds 2022 Funds 2021 Other incMie- reimburserrenl of expenses Other irKcne- Job Retention Scherne 79) 58.362 790 58.362 56.527 56,527 S9.152 59,152 56,527 56,527 10. Expenditure on charitabk aclivities by fund typ• Unrestricted Funds Restricted Total Funds Funds 2022 Housing Advice Other Capital Supwt costs 88.787 61,562 88,316 2C(),519 3,493 177.103 262.081 3,493 17,134 459,811 7,474 157.823 301,988 Unrestricted Funds Restricted Tc4al Funds Funds 2021 Housing AdVe Other Caprtal Support costs 192.154 229,938 422,092 11,582 203.736 11,582 433,674 229,938
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2022 11. expgndlture on charitable activilies by activity type AetNrties undertaken direct Support Total funds costs 2022 Total fund 2021 Housing Adv Other Capital GovernarKe costs 177,103 262.081 3.493 2,662 7.478 1,486 5,508 179.765 269,559 4,979 5.508 429.783 3,891 442.677 17,134 459,811 433,674 12. Analysis ol govemanee Costs 2022 2021 Audrt fees Independent examiners fees SRA audit fees Corporalk)n lax relum fees Cornpanies House Fees Ico 4,100 2.313 1,200 320 23 35 1.200 160 35 Total 5,508 3,891 13. Net income Net income is staled after char9inty{credrting): 2022 2021 Depreeiaiion of tangble fixed assels Operating lease rentals 3.018 23.469 3,018 22,881 14. Audltors femunerntlon 2022 2021 Fees payable for the audit of the financk41 stalements Fee for non-audrt ser¥i¢es 2,025 2,075 15. Independent examination fees 2022 2021 Fees payabk to the independent examiner for". Independent exInatIon of the financial $tatem8nls 2,313 21
Advice For Renters Limited (fornierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements {¢on¢&Ju¥dJ Year ended 31 March 2022 Stsff costs The lot81 staff costs and employ& berfrts for the repfsling penod are analysed as follows.. 2022 2021 Wages and salaries Social security Costs Employer contributions to penSn plans 316,265 25,660 6.574 272,S61 20.872 5.135 348.499 298,568 The chief executive was paid £41.81012020= £41.810). The average head count of employees during the year was 11 (2021.. 111. The average number of full-time equwalent employees during the year is anatysed as folkJws'. 2022 No. 2021 No. Number of staff engaged in charitable.finance and admin xtwilies 10 No employee received employee beneffts of more than £60.1 during the ye8r12021.' Nil). Key Management Petsonnel Key management personnel include all petsons th have aulhorty and responsibilty for planniftg, diiecling and contrdling the activrts of the charty. The lotal compensats.on paid lo key managernent personnel for services provided to the charity was £58.059 {2021".£41,8101. 17. Yrusteg remuDerlon and expenses no remuneralton or ther beneffts from empbyment with the charty or a related entty were received by the trustees.. or None of the trustees lor any perso connected wrth them) receNed any runeratn or expenses during the year12021_" Nil) No Iruslees or other person rekted to the charity has any personal interest in any contract or Iransaction that has been enlefed into by the charity during the year {2021.' Nill. 18. Transfers b•tweon funds Tiansfers between Un$1Cled funds are re5trKted fuTrts are to make good shortfal& arKI to eliminate negative balances. 22
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements [&e&) Year ended 31 March 2022 19. Tangible fixed assets Land and Fixtures and buiklings ringS Total Cost At 1 April 2021 and 31 11ah 2022 Depreciation Al 1 April 2021 Charge lor the year At 31 March 2022 2,314 15,180 97,494 80.145 978 13,140 2,040 15,180 93,285 3,018 96.303 81,123 Carrying amount At 31 March 2022 1.191 1,191 At 31 March 2021 2.169 2,040 4.209 20. Debtoro 2022 2021 Trade debtors Prepayments and accrued Inco 2.400 136,327 10,822 98,829 138,727 109,651 21. Creditors: amounts falling due within one year 2022 2021 Trade creditors Accruals and deferred income Social securty and othertaxes Other creditors 1.693 42.093 22.050 40,354 2.656 50.868 23.982 100.122 106,190 177.628 22. Creditors: amounts falling due after more than one year 2022 2021 SLxial security and other taxes 8,224 11.828 23
Advice For Renters Limited (fomierly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements {¢ontinu Year ended 31 March 2022 23. Deferred income 2022 2021 At 1 April 2021 Addrtions during the year Amounts released to income 48.859 16.350 {48,8591 38.973 48,859 138,973 Al 31 March 2022 16.350 48,859 24. Pensions and other post reliremgnt benefits Dofinod contribution plans The amount rec&ynised in income or eXpendrtU as an expense in lat)n to defined ntribution pLqns was £6.57412021. £5.1351. 25. Anatysis of charitable funds Unrestricted funds 1 April 2021 Income Expenditure Transfers 31 M•rch 2022 General fvnds 98,775 186.832 (157.823) 12,051) 125,733 1 April 2020 Income Expenditure Transfers 31 March 2021 General funds 86.497 216.014 (203,736> 98,775 24
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Lifflited by Guarantee Notes to the Financial Statements (C0ft17 Year ended 31 March 2022 Restricted lunds At Transfers 31 Idarch 2022 At 1 Awil 2021 InCe EyTrJiiLwe Hardship Futhj Capital Grant Hou51ng Adv (Award5 for All + Brent Athce Fundl BCAN Vgluntary Sedor In"3b¥e Fund IVSIFI Safe, Warn & Well Trust for Lond Trust for London - Cornmunty Re5w)nse Fund Trust for London - COVI[ 19 8rent pu Errgy Tudor Trust Carita CIL Trust lor Lond {Mayoral Campaignl 8rent Counal GLA Teams Natsonwits 8S NEA- Action for W8m Homes UK Power NeNvorks 8rent H•alth Watch L)d(ffi Catsiyst Mini4rowdfvnding - ACT Cris - In this together emergency fvnd Brent Advice Fund Brènt Finanaal UpskilliTr3 Brènt Heath Matters City Brid9e Trust City 8rKJge Trust Community Justice Fund E(Jward Marvist Trust Lottery Funcl Swety of Hoty Chikl of Jesus Tudor TN$t lthllbèing 463 4CQ 18051 58 1.000 1,553 1,855 1.855 1.787 4,686 1.787 4,686 39.077 139.0771 27.6QJ 127.6531 15.0001 I10.Cl 160,1461 10.OLX) 80,053 2.780 2,687 20.CQJ 120,2061 IT661 471 19.9801 10.¢)J) 19,995 18,6Qk) 18,450 2,OLK) 25.CKJ) 110.3191 119.9951 116.9661 120.5011 12.0001 125.OLh)I 14.9791 {14.8} 347 1.634 2.051 32.148 17.258 12,3C {12,4691 12,0001 419 250 15.622 317.&83 1301.9881 2.051 33.268 25
Advice For Renters Limited (fomerfy Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements Ictirfin Year ended 31 March 2022 At Translers 31 March 2021 At 1 Apnl 2020 lrfem• ExbxTrJitur• Hardship Fund Capital Grant Housin9 Advt {Awar¢s for Ml + Brent Advi Fund) BCAN Voluntary Sector IN.¥¥¢ Fund IVSIFI Safe. Warm & WÈll Trust for London TIu5t for London- Communty Respo Fund Tnjst lor London- COVID- 19 Brent Purè En•rgy Tudor Trust Caritas 1371 463 1,OOD 1,553 1.855 1.553 1.855 1.787 1,787 4,686 55.OLKI 155.OC(I) {5.4671 53 10.oc 23.97S 110.1XK)) 123.9751 130.LKQ} 110,LYXII 142.2601 CIL Twst for Lor%Jon (Mayoral CampaKJnl Brent Council GLA Teams Nationwde BS NEA- Action forwann Homes UK Powef Networks Brent Heallh Watch London Catalyst Mini-Crow¢JftJnding- ACT Crisi- In this together eMernCY fund Brent Ad Fund Brenl Finanrial Upskilliry Brent Health Matters City Bndge Trust City 8ndge Trust Community JuslKe Fund Edward Harwist Trust Lottery Fund Souety ol Holy Chila of Jesus Tud¢r Twst Wellteiry 45.040 2,780 3.877 2,083 13.87n 12.083} 17.SCx)I 117.6451 17.645 15[) 13.5551 12401 {3,6WI 113,7191 1,445 240 13.719 14801 234,179 (229,938) 15,622
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements r¢ortthu¢ Year ended 31 March 2022 Funder Purpose of funding Brent Counol VSIF." To increase the skills of Partners al 8rent Hubs. Brent Health Watch.. To consum cMJr Senior Renters. Group on health services and related matters. Carrta5.' A contribution to our fwbancial indusK)n See$. CoTrmunTty Infrastwcture Levy". The main lder for our financial inclusion Serv$. Cty 8rKlge Trust.. For a part-time housing adwser. GLA Team London.. A $wial presuibing seplice to tackle loneliness and sccial isolation through the provision of mentors. NationwNle BS Community Fund." Increasing health and wellbeing by improving rentets, INing condf(ions, working wrth heatth providers to promote sockql prescribing. NEA.. Fuel p¢)vety actiwty during Mayoral ele(ion campaign. Trust for Lcffldon.. Green Light Laws- provision of housing thice in areas not covered by legal aid. Communty Respjnse Fund eoiave 3}.. To provide Weffare Beneffts adv. Tudor Trust.. To provide a mentn9 and 8efn"ending Se1¢8 for prive renters. UK P¢)wer NeOrks.. To prowde energy adv for nterS in fuel povety. London Catalyst.. To see our Senior Renters. Group. 27
Advice For Renters Limited (formerly Brent Private Tenants. Rights Group Limited) Company Limited by Guarantee Notes to the Financial Statements (coJthu8 Year ended 31 March 2022 26. Anatysls of net assets between funds Unrestricted Funds Restricted Total Funds Fund5 2022 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 1.191 238.956 {1c6.1) 18.2241 125.733 1.191 272,224 1106.190) 18.224) 1 $9,001 33,268 33,268 Unre5trthd Restrtted Totsl Funds Funds Funds 2021 Tangible fixed assets Current assets Creditors less than 1 year Creditors 9ater than 1 year Net assets 4,209 284,022 (177,6281 111.8281 98.775 4,209 299,644 {177,628) 111,828) 114,397 15,622 15.622 27. Analysls of chan9es in net debt At At 1 Apr 2021 Cash Ik)ws 31 Mar 2022 Cash at bank and in hand 189.993 156,4961 133,497 28. Operating lease commitments The total future minimum lease payments urKler n-CancelIable operating leases are as follws.. 2022 2021 Later than 1 year and not later than S y&vs 30.000 52,500 The lease expired in August 2014 and a new kase was agreed in May 2015. The lease term frn May 2015 is for 8 years to Juty 2023. The rent from June 2015 is £22,5C#) p.8. 29. Related parties During the year the charty reeeived funds on beha of clients. The fvnds were held in a separate Client account subj.eet to the SOlrt0 nts ru. The funds are separately aeeounted for and do not form part of the charity's assets. Al the year end £28.42312021." £86.4681 was held in the account. There were no ¢)ther related paty transactions during the year12021.. Nill. 28
Advice For Renters Limited (fomierly Brent Private Tenants. Rights Group Llmlted) Company Limited by Guarantee Notes to the Financial Statements (ttyrtthdJ Year ended 31 March 2022 30. Post balance sheet events The trustees have consered the likelihotsy of any signrfKanl r*JSt balance sheet events including the long-term impact of COMD-19 and have eoncluded that there are none whh inwact the financial sLitements. 29