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||||||Page|
|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating||the|directors'|report)||
|Independent
auditor's|report to the members|||||
|Statement offinancial|activities (including||income and|||
|expenditure
account)||||||
|Statement offinancial|position||||12|
|Statement ofcash flows|||||13|
|Notes to the financial|statements||||14|
|The trustees,|The trustees,|who are|who are|also the|directors for the purposes|directors for the purposes|ofcompany|law, present|law, present|their report and the|
|---|---|---|---|---|---|---|---|---|---|---|
|financial statements|||of|the charity for the year ended 31 March 2023.|||||||
|Reference|and administrative||||details||||||
|Registered||charity|name||Advice For Renters Limited||||||
|Charity registration|||number||1051979||||||
|Company|registration|||number|2436887||||||
|Principal oflIce and|||registered||36-38Willesden|Lane|||||
|office|||||Kilbum||||||
||||||London||||||
||||||NW6 7ST||||||
|The trustees|||||||||||
||||||Jacqueline Peacock - Chair|||(Appointed:25||October 2023)|
||||||John Kwan|||(Resigned|25|October 2023)|
||||||George Bangham|||(Resigned|25|October 2023)|
||||||RobertJohnson||||||
||||||Jermaine
Ranger||||||
||||||Jennifer Wall||||||
||||||Pamefa
Marum||||||
||||||Tariq Mukadam|||(Resigned|15|December 2022)|
||||||Pedrum
Hashemi|||(Appointed|25|October 2023)|
||||||Sarah Cashrnan|||(Appointed|25|October 2023)|
||||||Peter Charalambrides|||(Appointed|25|October 2023)|
||||||Margaret
Mclennan|||(Appointed|25|October 2023)|
||||||Emanuel
Da Costa|||(Appointed|25|October 2023)|
|Chief Executive Office|||||Joe Cole||||||
|Auditor|||||Jackson Nicholas|Assie|Ltd||||
||||||Charlered
Certified Accountants 8|||statutory|auditor||
||||||Suite 7, Meridian|House|||||
||||||62 Station Road||||||
||||||Chingford||||||
||||||London||||||
||||||E4 7BA||||||
|Bankers|||||Unity Bank||||||
||||||PO Sox 7193||||||
||||||Planetary
Road||||||
||||||Wlllenhall
Road||||||
||||||Willenhall||||||
||||||WV1 9DG||||||
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||Y|ear end|ed 3t March|2023|||
|---|---|---|---|---|---|---|
|||||2023||2022|
||||Unrestricted|Restricted|||
|||Note|funds|funds
f|Total funds
9|Total funds
9|
|Income and endowmenbr|||||||
|Donations
and Gifis||5|16,654|5,510|22,164|26,372|
|Charitable
activities||6|199,040|315,695|514,735|415,571|
|Other trading
activities||7|1,191||1,191|3,280|
|investment
income||8|1,009||1,009|40|
|Other income||9||||59,152|
|Total income|||217,894|321,205|539,099|504,415|
|Expenditure|||||||
|Expenditure
on charitable|activities|10,11|289,105|244,732|533,837|459,811|
|Total expenditure|||289,105|244,732|533,837|459,811|
|Net (expenditure)/income|||(71,211)|76,473|5,262|44,604|
|Transfers
between funds|||(23,325)|23,325|||
|Net movement
in funds|||(94,536)|99,798|5,262||
|Reconcfilatlon offunds|||||||
|Total funds brought foneard|||125,733|33,268|159,001|114,397|
|Total funds carried forward|||31,197|133,066|164,263|159,001|
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||Statement ofFinancial Po
31 March 2023|sition|||
|---|---|---|---|---|
|||Note|2023
f|2022|
|Fixed assets|||||
|Tangible fixed assets||18|213|1,191|
|Current assets|||||
|Debtors||19|154,520|138,727|
|Cash at bank and
in|hand||192,108|133,497|
||||346,628|272,224|
|Creditors: amounts|falling due within ons year|20|(176,754)|(106,190)|
|Net current assets|||169,874|166,034|
|Total assets less current liabilities|||170,087|167,225|
|Creditors: amounts|falling due after more than ons year|21|(5,824)|(8,224)|
|Net assets|||164,263|159,001|
|Funds ofthe charity|||||
|Restricted funds|||133,066|33,268|
|Unrestricted
funds|||31,197|125,733|
|Total charity funds||24|164,263|159,001|
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||Year ended 31 March 2023|||
|---|---|---|---|
|||2023|2022|
|||6||
|Cash flows from operating|activities|||
|Nst (expenditure)/income||5,262||
|Adjustments
for:||||
|Depreciation
oftangible
fixed|assets|978|3,018|
|Other interest receivabie and|similar income|(1,009)|(40)|
|Accrued expenses/(income)||(11,406)|(38,746)|
|Changesin:||||
|Trade and other debtors||(1,229)|9,178|
|Trade and other creditors||85,006|(26,691)|
|Nei cash flow from operating|actvities|57,602|(7,677)|
|Cash flows from investing|activities|||
|Interest received||1,009|40|
|Net increase/(decrease)
in|cash and cash equivalents|58,611|(7,837)|
|Cash and cash equivalents|at beginning ofyear|133,497|189,993|
|Cash and cash equivalents|at end ofyear|192,108|182,356|
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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds
f|Funds
f|2023
f|
||Donations||||||
||Individuals
and other|||16,654|5,510|22,164|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
f|2022
f|
||Donations||||||
||Individuals
and other|||15,992|10,380|26,372|
|6.|Charitable
activities||||||
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
f|2023|
||Capital Grants||||5,000|5,000|
||Housing
Advice
Other Services|||116,510|102,874
207,821|219,384
20'7,821|
||Policy Development|and Community|Engagement|82,530||82,530|
|||||199,040|315,695|514,735|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
f|Funds
f|2022
f|
||Capital Grants||||4,980|4,980|
||Housing
Advice
Other Services|||88,368|89,527
212,696|177,895
212,696|
||Policy Development|and Community|Engagement|20,000||20,000|
|||||108,368|307,203|415,571|
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|||2023|2022|
|---|---|---|---|
|||6||
|Legal Aid Agency||104,314|87,867|
|Oak Foundation
Core Funds||80,000||
|Trust for London||60,924|39,077|
|grant Debt Advisory||50,000||
|Lottery Fund||32,550|32,149|
|City Bridge Trust||31,450|20,450|
|Charles Plater||30,000||
|BRENT CO2GO||20,000||
|Brent Council - VSIF||18,750||
|UK Power Networks/CSE||15,000|20,000|
|Society of Holy Child ofJesus||12,300|12,300|
|Community
Justice Fund Wave|3|12,196||
|Awards for All||10,000||
|Caritas StJohn SouthWorth||8,333|10,000|
|Brent Health Matters (BHM)||6,200|18,600|
|Fairer Housing||6,000||
|Edward
Harvist Trust||5,000|4,980|
|Birmingham
City Council||5,000||
|Greater London Authority||4,500||
|City Bridge Trust||2,530||
|London Catalyst||750||
|CIL
Trust for London —Wave 3||(1,062)|60,053
27,600|
|Community
Justice Fund|||25,000|
|AB Charitable
Trust|||20,000|
|grant Financial
Upskilllng|||19,995|
|grant Advice Fund (Harlesden|Hub) from Aug 18||10,000|
|Tudor Trust|||5,000|
|Tudor Trust Wsllbeing|||2,000|
|National
Private Tenants|||500|
|||514,735|415,571|
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|Other|trading activities|||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|||E|6|6||
|Rental|Income|1,191|1,191|2,400|2,400|
|Legal|Advice Income|||880|880|
|||1,191|1,191|3,280|3,280|
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|8.|Investment
income||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestdcted|Total Funds|
||||Funds
6|2023|Funds
f|2022|
||Bank interest||1,009|1,009|40|40|
|9.|Other income||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||6|F||
||Other income - reimbursement|of|||||
||expenses||||790|790|
||Other Income - Job Retention|Scheme|||58,362|58,362|
||||||59,152|59,152|
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|Expendi|ture
on charitable
activiti|es
by fund type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||||8|
|Housing|Advice|159,528|62,652|222,180|
|Other||107,345|177,079|284,424|
|Capital|||5,001|5,001|
|Supporicosts||22,232||22,232|
|||289,105|244,732|533,837|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||6||6|
|Housing|Advice|88,787|88,316|177,103|
|Other||61,562|200,519|262,081|
|Capital|||3.493|3,493|
|Support|costs|7,474|9,660|17,134|
|||157,823|301,988|459,811|
##
|Expendit|ure|on charitab|le
activities|by activity typ|e|||
|---|---|---|---|---|---|---|---|
|||||Acsvities||||
|||||undertaken||Total funds|Total fund|
|||||directly|Support costs|2023|2022|
|||||r|6||F|
|Housing|Advice|||222,180|1,390|223,570|179,765|
|Other||||284,424|16,439|300,863|269,559|
|Capital||||5,001||5,001|4,979|
|Governance||costs|||4,403|4,403|5,508|
|||||511,605|22,232|533,837|459,811|
|Analysis|of|governance|costs|||||
|||||||2023|2022|
|||||||8|6|
|Audit fees
SRA audit fees||||||3,550
600|4,100
1,200|
|Corporation||tax return fees||||205|160|
|Companies||House Fees||||13|13|
|ICO||||||35|35|
|'Total||||||4,403|5,508|
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|Het (expenditure)/income|||
|---|---|---|
|Net (expenditure)/income
is stated after charging/(crediting):|||
||2023
f|2022
f|
|Depreciation
oftangible fixed assets|978|3,018|
|Operating
lease rentals|23,689|23,469|
|Auditors
remuneration|||
||2023
f|2022|
|Fees payable for the audit ofthe financial statements|1,775|2,025|
|Fees for non-audit
services|1,775|2,075|
##
|Staff cos|ts|||||
|---|---|---|---|---|---|
|The total|staff costs and|employee|benefits for the reporting|pediod are analysed
as|follows:|
|||||2023
f|2022
f|
|Wages and salaries||||370,914|316,265|
|Social security coals||||32,018|25,660|
|Employer|contributions|to pension|plans|8.216|6,574|
|||||411,148|348,499|
|full-time|equivale|nt
emplo|
ye|
es
during|the year|is an|alysed|
as follows:|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||No,|No.|
|Number|ofstaff|engaged|in|charitable,|finance|and|admin|activities|13|10|
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|||Land and|Fixtures and||
|---|---|---|---|---|
|||buildings|fittlngs|Total|
|||8||8|
|Cost|||||
|At 1 April 2022 and 31 March 2023||82.314|15,180|97,494|
|Depreciation|||||
|At 1 April 2022||81,123|15,180|96,303|
|Charge for the year||978||978|
|At 31 March|2023|82,101|15.180|97,281|
|Carrying amount|||||
|At 31 March|2023|213||213|
|At31 March 2022||1,191||1,191|
|Debtors|||||
||||2023|2022|
|Trade debtors
Prepayments|and accrued income||4,630
149,890|2,400
136,327|
||||154,520|138,727|
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|Creditors: amounts
fa|lling d|ue within on|e year|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|Trade creditors||||||5,728|1,693|
|Accruals and deferred|income|||||4,675|42,093|
|Social security and other taxes||||||13,155|22,050|
|Other creditors||||||153,196|40,354|
|||||||176,754|106,190|
|The figure
in other creditors||includes a pension||liability|of E3,191|||
|(2022: E1,035). There|is no|other pension|liability|other|than those|||
|disdosed above.||||||||
##
|21.|Creditors|: amount|s
falling due after more than one|year||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|E|
||Social security and||other taxes|5,824|8,224|
|22.|Deferred|income||||
|||||2623|2022|
|||||E|E|
||As 1 April|2022||40,576|48,859|
||Additions|during the year|||40,576|
||Amounts|released|during the year|(40,576)|(48,859)|
||||||40,576|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||AI||||At|
|||1|April 2022|Income|Expenditure|Transfers 31Iaarch 2023||
||||E||E||E|
|General|funds||125,733|217,894|(289,105)|(23,325)|31,197|
||||At||||AI|
|||1|April 2021|Income|Expenditure|Transfers|31 March 2022|
|||||E|||E|
|General|funds||98,775|186,832|(157,823)|(2,051)|125,733|
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|Restricted funds|||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 April 2022|Income|Expenditure|Transfers 31|March 2023|
|||E|E|E||E'|
|Hardship
Fund||58||||58|
|Capital Grant||1,000||||1,000|
|Housing
Advice (Awards|||||||
|for All +Brent Advice Fund)||1,553||||1,553|
|SCAN
Voluntary
Sector initiative||1,855||||1,855|
|Fund (VSIF)
Safe, Warm &Well||1,787
4,686|18,750|(20,537)||4,686|
|Trust for London|||||||
|Trust for Landon-|||||||
|Community
Response|||||||
|Fund|||||||
|Tudor Trust|||||||
|Caritas|||||||
|CIL||2,687|(1,062)|||1,625|
|UK Power Networks||471||||471|
|Mini-Crowdfunding|-ACT||||||
|Brent Advice Fund||28||||28|
|Brent Financial
Upskilling|||||||
|Brsnt Health
Matters||1,634|6,200|(7,084)||750|
|City Bridge Trust|||||||
|City Bridge Trust|||||||
|Community
Justice|Fund||||||
|Edward
Hsrvist Trust|||5,000|(5,001)|||
|Lottery Fund||17,258|32,550|(33,182)||16,626|
|Saciety of Holy Child of|||||||
|Jesus||250|12,300|(12,550)|||
|Tudor Trust Wellbeing|||||||
|Fairer Housing|||6,000|(4,515)||1,485|
|Trust for I andon|||60,924|(44,014)||16,910|
|City Bndge Trust|||31,450|(14,123)||17,327|
|Brent Debt Advisor
Caritas StJohn Southwarth|||50,000
8,333|(7,464)
(29,444)|21,111|42,536|
|BRENT CO2GO
Charles Plater|||20,000
30,000|(3,654)
(30,000)||16,346|
|Awards for All|||10,000|(10,012)|12||
|Mini Crowdfunding|||5,510|(5,510)|||
|London Catalyst|||750|(440)||310|
|UK Power Netwarks|||15,000|(17,202)|2,202||
|Birmingham
City Council|||5,000|||5,000|
|Greater London Authority|||4,500|||4,500|
|||33,268|321,205|(244,732)|23,325|133,066|
##
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|Analysis ofchari|table
fu|nds
iconrtnued)|||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 April 2021|Income|Expendituref|Transfers
f|31 March 2022
f|
|Hardship
Fund||463|400|(805)||56|
|Capital Grant||1,000||||1,000|
|Housing
Advice (Awards|||||||
|for All +Brunt Advice Fund)||1,553||||1,553|
|BCAN
Voluntary Sector initiative||1,855||||1,855|
|Fund (VSIF)
Safe, Warm &Well||1,787
4,686||||1,787
4,686|
|Trust for London
Trust for London-|||39,D77|(39,077)|||
|Community
Response|||||||
|Fund||53|27,600|(27,653)|||
|Tutlor Tntst
Caritas|||5,000
10,000|(5,000)
(1D,DDD)|||
|CIL||2,78D|60,D53|(60,146)||2,687|
|UK Power hletworks
Mini-Crowdfunding
Brent Advice Fund|-ACT||20,000
9,980
10,000|(20,208)
(9,980)
(1D,319)|(766)|471
28|
|Brent Financial
Upskilling|||19,995|(19,995)|||
|grant Health Matters|||18,600|(16,966)|||
|City Bridge Trust|||18,450|(20,501)|2.051||
|City Bridge Trust
Communrly
Justice|Fund||2,000
25,000|(2,000)
(25,000)|||
|Edward
Harvist Trust|||4,980|(4,979)||1|
|Lottery Fund
Society of Holy Child of|||32,148|(14,890)||17,258|
|Jesus|||12,300|(12.469)|419|250|
|Tudor Trust Wellbeing
Fairer Housing|||2,000|(2,000)|||
|Trust for London|||||||
|City Bridge Trust|||||||
|Brent DebtAdvisor|||||||
|Caritas StJohn Southworth|||||||
|BRENT CO2GO|||||||
|Charles Plater|||||||
|Awards for All|||||||
|Mini Crowdfunding|||||||
|London Catalyst|||||||
|UK Power Networks|||||||
|||15,622|317,583|(301.988)|2,051|33,268|
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||||||||Unrestricted|Restricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds||Funds|2023|
||Tangible fixed|assets|||||213|||213|
||Current assets||||||213,562||133,066|346,628|
||Creditors less than
1
Creditors greater than|||year
1 year|||(176,754)
(5,824)|||(176,754)
(5,824)|
||Net assets||||||31,197||133,066|164,263|
||||||||Unrestricted|Restricted||Total Funds|
||||||||Funds||Funds|2022|
||Tangible gxed|assets|||||1,191|||1,191|
||Current assets||||||238,956||33,268|272,224|
||Creditors less|than|1 year||||(106,190)|||(106,190)|
||Creditors greater than|||1 year|||(8,224)|||(8,224)|
||Net assets||||||125,733||33,268|159,001|
|26.|Analysis ofchanges|||in net debt|||||||
|||||||||||At|
||||||||At 1 Apr 2022|Cash flows||31 Mar 2023|
||||||||||6||
||Cash at bank and||in hand||||133,497||58,611|192,108|
|27.|Operating
lease commitments||||||||||
||The total future|minimum|||lease payments|under|non-cancellable
operating||leases are as follows:||
||||||||||2023|2022|
|||||||||||5|
||Later than
1 year and|||not|later than 5years||||23,160|30,000|
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