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 c￿npanY knv. p￿sent 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￿ cert￿ed 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 aSsoc￿li0n. 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￿$1 in the company. All of the truslees are membets of the company and guarantee lo contribute £1 in the event of a wnding up. There are no persons with signtficant control. Trustees meet regU￿rIY at leasl 4 times a year lo manage A4R's affairs, with 'virtual' online rewew5 in befvleen each face-to-face meeting. At each AGM all Board members stand down and if they wish to continue, offer themsefves for re-eleclv)n. During the year the charty empbyed an average of 11 stsff whowere engaged in Charitab￿ actNities. finance and adMinistrat￿n. The number of staff employed increased from the previous year due lo our new prqeets, UKPN Power Portners {from June 2022), Sc¢iety for Hoty Chikj Jesus (from October 20211 and the National Lottery. Risk Management The trustees have assessed the major risks to which A4R is exposed and are satisfied that systems are in place lo mrtigate exposure lo the major risks. Service delNery standards are maintsined by adherence to our Sp￿lalISt Qualty Mark {Housing}. Objectives and actlvities and strategic report A4R's objects are to rel￿Ve poverty amongst tenants in England who a￿ in need, and in particular by assisb.ng in the provision of adv￿e, inforrnatNJn and serv￿. Thg focu$ 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 Sp￿Lalist adV￿e 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(O￿ty 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 SerV￿e $upwted now by the Nat￿nal Lottery. How our services delivef public benefit The trustees confimi that they have complied with their duty lo have due ￿gard to the Charity Commission's public benefrt guidance when exereising any powers or duties lo which the guidance is rekvant. The ovefarching benefrt which we aim to achieve is to improve heamh and wellbeing. We strive to achieve this by prerfnoting deeent. secure, aff¢)rdable prNate rented homes with access lo rights and justice for all regardless of income. We do this by, Providing direct advv and support to priv*e tenanls Bringing tenants tcgether to strengthen Iheir v0￿e Collecting informalb)n and ewdence and disseminating for char#Je Workin9 Wrth other5 to deliver Serv￿¥. share meswes and increase the charitls influence Empowering through lenant 1nvofveff￿I and represenlalK Achievement and performance A4R fulfilled all its contractual oblvJations. har￿lir￿j a total d 431 cases during the year. Financial Review The charity succeeded wrth £44.604 of'pr¢)fit' thal was put into reseNes. F& ineome is being elosety monitored in the current year. R8seNe$ 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 $nnu81 ReKy)rt on our d*nt account. The accounts bemg w￿red in ￿￿)[danc* ¥nth Ihe xcounting kKAKiÈS Sèt out in not• 1 to the accounts and cornply with A4R's Memorandwn and kn'des. as well as the Charty CTrmrni5sion's Awounting and R8poth"ng by Chanh"&s." Slat•ment of Recommended Practs¢e applicable to cha￿10$ prèpanng theif accl￿nts in accordance the FinarKtal Repo￿n9 Standard 8ppltable in Ihe UK and RepuOINc of I￿land (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 pnh*nt. stste whether ap￿iCab￿ a￿￿unt1￿j 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 g￿r￿j 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 r￿05 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 coM￿Y wrth thè Compan*s Att, lel the directo￿ are re5F#)n￿ts4e fDf 5*uardir¥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 appl￿8." 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 wh￿h 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 re￿nI 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 Infonnat￿n of whth the charws auditor is unaware.. and they have laken all steps that they cxjght to have taken as a trustee to m*e 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 C￿npanIeS 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 stat￿eThts of Athe For Renter5 Linrted ltre '¢harity'l for the year ended 31 March 2022 which Ccfflkvise the statem8nt of finanoal ac2iwt*s I1ndL￿1r￿￿ income and eynditure accountl. $tatament tsf finan¢i81 PJsti￿. statèrnenl of cash11ry4¥S aTrJ Ihe relqled notes. indudirg a surnmary of signikant aCcxJun￿n9 W￿leS. The financial repoElJng fr￿&Wo￿ Ihal has been applied in th•ir preparation is apFAubl• law ènd United Kingdom Accoun￿ng Standards. IncludiTrJ FRS 102 The Financk31 RerKJrts'rg Stsndard applicab￿ in the UK and Republic of Ireland (United lQngdom Generally At￿pIed AcctyJntu¥J Praclcèl. In our opinion the auLJited financial stawnents". give a true and tsir wew of the state of the charitys affairs as of 31 Match 2022 an¢Y ofrts incomiry ￿OU[Ce$ and app￿tatOrt of resources. ind￿lirI3 its incnme and expeTrJthJre. for the year Ihen ended.. have ￿tfi prorerfy wep8￿￿ in accorda￿ ¥Ath Unibj a￿)un￿"n9 StaTrJard5. incI￿11r0 FRS102 The Finanud Reporbrg Standard a￿l￿at4e Ki the UK aThJ Reputlic of Ireland", and have bgen prepared in accordan￿ wth wuiremenls ofts* cry￿Pan￿ Acl 2(￿. 8asi# lor opinion IAÈ conducted our audrt in accordan￿ wrth lntemab.onal Standards on ALL*￿Tra IUKI IISAS IUKII and applicable law. Oui re5ponsts'libes Ihose standards we f4Jrther descritrAI in the a￿itorS wponsibilities ts the audit of the finanoal ststements seclx)n of ojr r*port IAè ar• irtdyndent of the charty in accordancè vthh the ethical reqU1￿ments ￿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 requ1￿mentS. 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 aud￿ng the financial st8ternents. have ￿jnd￿¢ed that the twstees use of the g￿n9 corrRrn basi% of account.ng in preparation ol the financial Sta￿Ments is aFwriate. Based on the w¢)d(. ￿ ha4E Ferfonneil. we have Th)t ￿len￿fell any fflaterial urtsrtant*s relab"ThJ to e¥ents r conditions that. lThJividual￿ or colkctively. may casi %gnIf￿nt doubt on the eharity's ability tg ¢ontinue as a going cortern for a period of at least fr￿1Ve months frcm the financial statements are aulhorised lor issue. Howevef, as we can￿t pre￿￿t all fvture ev8nls or coThYrtions ar*Y 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 ￿r￿rtaInty in this auditor's reptyl is not a guarantee that the Ccfftpany wl coniiThJe In operation. Our rèsportsibilth.es and tt* reSp￿SIbl￿￿•S of Imsttes wrth res￿1 to 9JirwJ eont4m are descnted in the re￿vant 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 Othe￿￿￿e explKrtty ststed in our feport. we do not express any form of assurance conclusion Ihereon. In connectw with our a￿jr( oflhe ffnancral St￿e￿ntS. 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 a￿jit. the information given in the trustees. rew)rt (incorp￿tIng 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 ur*Yerstanding 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 Comp￿leS Act 2006 requires us lo report lo you if, in our Opin￿n." 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 speerf*d 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 p￿pare 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 eXplair￿rt MO￿ fijlly in the trusiets, resF¥Jnsiknl)bèS $tatt￿n[ thè trustèes {%￿)0 are akn the dir•¢tors for the purposes of cornpany lawl a￿ reSpoThSi￿e for Ihe preparab.on of the finanual statements in a￿ordaft￿ 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 misststerr*nt. whether ¢kn to fra￿1 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 ch*ity or to cease 0￿rationS, 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$5ur8nce is a high level of assurance but is not a guarantee that an aLKlit coThJucted in acco￿ance with ISAS IUKI wll ah¥ays ¢Jetect a material misstatsff*nt *then rt exists K4isststements Can arise from fraud or error and ar6 conshlered material il, individually or in the a￿j￿ate. thèy could rnasonabty be èypected to infiu$nc• economLC d&ci￿n$ of usèrs takén on the basis ofthese frnanual statements. As part of an audit in accordance vthh ISAS IUKI. we exercise prof￿1onal 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 Suffic￿nI 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, I￿gery. 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 op1r￿On on the eft8CtNeress ofthg tamal Control. Evaluatè the appropri8tsness ol accounting uséd Ihe rtasonablef*ss of accounts"rrfJ ¥sbm*¢s and related disdosures made by the trustees. Conclude on the appropriateness ofthe trustees. use Of￿ goir4J concem basis Orac￿n￿n9 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 con￿rn. 11 we Conclude that a material uncertainty exists, we are to d¥aw attentson in our 8￿Y4t0rs report to the related discb5ures in the audrted fina￿la1 staternents or. if such disclosurès ara inadaquate. to mL*ify our opinion. Our ¢ondusion$ are based on the audit evidence obtained up to the date of our a￿110￿$ 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 d￿ClOsUre5. 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 defit￿n¢￿$ 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 non￿cOmpliance 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 fr￿rkS Ihal the chanty operates in, and Identrf￿d the key laws and regulations that". had a direct effKI on the detemiInat￿n 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 commiss￿n) 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 I￿entiveS that may exist within the organisat￿n 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 a￿as, and our specific procedures performed to address them are described beh)w.' Recognit¢on of grant income.. this invofves judge￿nI around whether grants have perfomiance conditions attached to them which have lo be met before income can be re￿gnised, 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 re￿gnition 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 unrestr￿ed lunds on ini(ial recognit￿￿ lo ensure restr￿lonS were appropriatety identified and applied. and we reviewed fund transfers frcyn restr￿ted 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 S￿lf￿ prC￿dUres to respond lo th8 risk of management override. In add￿sing 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 Ind￿at￿e 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 d￿￿mentatIOn 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 Ind￿￿e 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 pu￿Ose. 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 t￿y. 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 J*ckson Ni¢holA$ As$ie Lirniied Cbart¢red Certif￿d Atal Funds Un￿strICted Total Funds Funds 2022 Fund5 2021 Bank interest 40 47 47 (hher income Unrestncted Total Funds Unre*ricted Total Funds Funds 2022 Funds 2021 Other incMie- reimburserrenl of expenses Other irKc*ne- 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 AdV￿e 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 ex￿InatIon 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& ber*frts for the repfsling penod are analysed as follows.. 2022 2021 Wages and salaries Social security Costs Employer contributions to penS￿n 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 activrt*s 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 remuDer*lon 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 r￿unerat￿n 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￿$1￿Cled 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 r￿ingS Total Cost At 1 April 2021 and 31 11a￿h 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 (C0ft1*7 Year ended 31 March 2022 Restricted lunds At Transfers 31 Idarch 2022 At 1 Awil 2021 InC￿e 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￿ Er*rgy 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.C￿l 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 eMer￿nCY 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 Se￿￿e$. CoTrmunTty Infrastwcture Levy". The main l￿der for our financial inclusion Serv￿$. 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 ment￿n9 and 8efn"ending Se￿1¢8 for priv*e renters. UK P¢)wer Ne￿Orks.. To prowde energy adv￿ for ￿nterS in fuel povety. London Catalyst.. To se￿e 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 9￿ater 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 fr￿n 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 SOl￿rt0￿ ￿￿￿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 (ttyrtth￿dJ Year ended 31 March 2022 30. Post balance sheet events The trustees have cons￿￿ered 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 wh￿h inwact the financial sLitements. 29