## 

## 



## 

## 

||Page|
|---|---|
|REPORT OF THE TRUSTEES|1 —8|
|INDEPENDENT AUDITORS' REPORT|9 —11|
|STATEMENT OF FINANCIAL ACTIVITIES|12|
|BALANCE SHEET|13|
|STATEMENT OF CASH FLOWS|14|
|NOTES TO FINANCIAL STATEMENTS|15 —26|





## 

## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



# 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



|||Restricted|unl'estrlcted|Total|Restricted|Unrestrfcted|Tote I|
|---|---|---|---|---|---|---|---|
||Notes|2023|2023|2023|2022|2022|2022|
||||||Restated|Restated|Restated|
|||I|E||I|I|E|
|INCOME FROM||||||||
|Donations<br>and Legades|2|273,6'l9|38,578|312,227|258,947|113|259,060|
|Investments<br>CharRable<br>Actlvitles<br>TOTAL INCOME|3|273 649|320 216<br>358 794|320 216<br>632443|258 947|326040<br>326 153|326 (HO<br>585 100|
|EXPENDITURE ON||||||||
|Raising<br>Funds<br>Charitable<br>Actlvltles<br>TOTAL EXPENDITURE||392 583<br>392 583|16,767<br>329 339<br>346 106|16,767<br>721922<br>738 689|281617<br>281617|14,991<br>281 192<br>296 183|14,991<br>562 809<br>577 800|
|Net Income/(Expend)tore)||(118,934)|12,688|(106,246)|(22,670)|29,970|7,300|
|NET MOVEMENT IN FUNDS||(118,934)|12,688|(106,246)|(22,670)|29,970|7,300|
|TOTAL FUNDS BROUGHT FORWARD<br>As orlglnagy<br>reported||133,100|969,691|1,102,791|155,770|939721|1095491|
|Prior year ad)usbnent<br>As restated<br>TOTAL FUNDS CARRIED FORWARD|21<br>14|133100<br>E14166|938755<br>1951443|1071855<br>E965609|155770<br>1133100|939721<br>E969691|1095491<br>E1102791|





||||~HF||||
|---|---|---|---|---|---|---|
|||||2023||2022|
|||||||Restated|
|||Notes|6|I|I|I|
|FIXEDASSETS|||||||
|Tangible<br>Fixed Assets||8|900,042||945,003||
|Programme<br>Related Investments||9|43,867||75,160||
|Work in Progress||10|73 162||122 321||
|||||1,017,071||1,142,484|
|CURRENT ASSETS|||||||
|Debtors||11|174,044||133,545||
|Cash at Bank and In Hand|||1~1 843||111863||
||||275,887||245,408||
|CREDITORS: Amounts|falling||||||
|due within one year||12|~224 293||184331||
|NET CURRENT ASSETS||||51,59'I||61,077|
|CREDITORS: Amounts|falling||||||
|due after more than one year||13||(103,056)||(131,706)|
|NET ASSETS||||E965 6D9||E1 D71 855|
|RESTRICTED FUNDS||15||14,166||133,100|
|UNRESTRICTED FUNDS|||||||
|Designated<br>Funds||14|||||
|General<br>Funds||||951443||938755|
|TOTAL FUNDS||||E965609||E1071 855|





## 

## 

## 

||||||||2023|2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Restated|||
|||||||||||||E|
|Cash flows from Operating<br>Net cash provided<br>by/(used|Activities (a) below<br>in) operating<br>activities|||||||2,495||||24,042|
|Cash flows from Investing|Activities||||||||||||
|Investment<br>Income|||||||||||||
|Payments<br>to acquire<br>tangible<br>fixed assets<br>Rpy<br>t fy~<br>R itdl<br>t<br>8 t<br>hp<br>Id& hy/2<br>dl<br>31<br>tl 9||||t<br>Al||Itl|(9,985)<br>31293|21,308|(43,646)<br>35 435|||18,2113|
|Cash flows from Financing|Activities||||||||||||
|Loan Drawdowns|||||||||||||
|Loan Repayments<br>Interest<br>Paid|||||||(27,621)<br>~6202||(26,705)<br>~dt8 2||||
|Net cash provided<br>by/(used|in) financing|||activities||||(33,823)||||(32,887)|
|Change<br>in Cash and Cash Equivalents||In the|||Year|||(10,020)||||(17,056)|
|Cash and Cash Equivalents|at 1"Inly|2022||||||111,863||||128,919|
|Cash and Cash Equivalents|at 30Iune||2023|||||E101843||||E111863|
|(a) Reconciliation<br>of Net Income/(Expenditure)||||||to|Net Cash flow|from|||||
|Operating<br>Activities||||||||2023||||2022|
|||||||||||||Restated|
|||||||||E||||E|
|Net Income/(Expenditure)||||||||(106,246)||||7,300|
|Interest Income Received|||||||||||||
|Interest<br>Paid||||||||6,202||||6,182|
|Depreciation||||||||48,344||||72,371|
|Loss on disposal of fixed assets||||||||55,761|||||
|(Increase)/Decrease<br>In Debtors and Prepayments<br>Increase/(Decrease)<br>in Trade Creditors<br>and Provisions||||||||(40,499)<br>38933||||(95,180)<br>33369|
|||||||||E2 495||||E24 042|
|(b) Analysis ofChanges<br>In|Net Debt|||||||At 1"3uly|||At|30~ Iune|
|||||||||2022|Cash Flows|||2023|
|||||||||E|E|||E|
|Cash||||||||111,863|(10,020)|||101,843|
|Loans falling due within<br>one year<br>Loans falling due aRer more than one year||||||||(27,562)<br>~131706<br>~E47 4tl5|(1,029)<br>28650<br>~517601||(28,591)<br>~I03056<br>~529804||





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|Freehold|property||2% straight|line|
|---|---|---|---|---|
|Plant and|equipment||20'Yo straight|line|
|Computer|Equipment||33%straight|line|
|Short Term Leasehold||Properties|Over Life of|Lease|



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|VOLUNTARYINCOM|E|||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||2023|2023|2023|
||||E|E|E|
|M&G<br>P&G<br>Whirlpool<br>The Blackstone<br>Group<br>Montagu<br>Evans<br>Mattel<br>LandAid<br>Lalng Trust<br>RBS<br>SltusAMC<br>Wells Fargo<br>Bank of America<br>Faegre Drinker<br>Epsilon<br>I P Morgan<br>Chenlere<br>B&Qand Albert<br>Hunt<br>Henkel<br>Habitat<br>For Humanity<br>Other|(Parent)||46,855<br>3,757<br>73,457<br>281253<br>10,964<br>10,000<br>40,000<br>2,087<br>2,762<br>6,165<br>25,754<br>1,043<br>10,133<br>6,300<br>6,119<br>E273 649|121895<br>2,384<br>3,405<br>8,290<br>1,192<br>11755<br>1,220<br>7,068<br>369<br>E38578|46,855<br>12,895<br>3,757<br>73,457<br>28,253<br>10,964<br>10,000<br>40,000<br>4,471<br>6,167<br>14,455<br>25,754<br>2,235<br>1,755<br>1,220<br>7,068<br>101133<br>6,300<br>6,119<br>369<br>E312 227|
||||Restated|Restated|Restated|
||||Restricted|Unrestricted|Total|
||||2022<br>f|2022<br>f|2022<br>f|
|MlkG<br>P&G<br>Whirlpool<br>SEI Investments<br>Europe<br>COINs Foundadon<br>Europe Capital<br>The Blackstone<br>Group<br>Lloyds of London<br>Other|||42,000<br>5,067<br>30,328<br>10,000<br>8,000<br>50,000<br>73,552<br>40,000|113|42,000<br>5,067<br>30,328<br>10,000<br>8,000<br>50,000<br>73,552<br>40,000<br>113|
||||E258 947|E113|E259060|
|CHARITABLE ACTIVITIES|||||Restated|
||||Restricted|Unrestricted|2022<br>2023|
||||Funds<br>E|Funds<br>f|Total<br>E<br>Total<br>E|
|Professional<br>fees<br>Contract works<br>Volunteer<br>facilitation<br>Rental Income -Short <br>Government<br>furlough<br>Other income|grants<br> Leasehold<br>Properties<br>scheme grant|||4,518<br>216,488<br>2,500<br>96,618<br>92<br>E320 124|58,379<br>153,302<br>101170<br>98,150<br>5,432<br>607<br>4,518<br>216,488<br>2,500<br>96,618<br>92<br>E320 124<br>E326 040|





## 

## 

## 

## 

|COS|T OF RA|ISING FUNDS|||
|---|---|---|---|---|
||||2023|Restated|
|||||2022|
||||f|I|
|Staff|Costs||16,681|14,974|
|Other|Support|Costs|86<br>E16767|17<br>E14991|



|ANALYSIS OF CHARITABLE ACTIVITIES||2023|2023|2023|
|---|---|---|---|---|
|Construct/on<br>2t Renovetlon<br>Project Expenditure<br>East Street||Restricted|Unrestricted<br>E<br>560|TotalI<br>560|
|Nithdale<br>Road<br>Broad Street<br>Gale Street, Barking<br>82 Dagenham<br>Friends<br>Meeting<br>House, Tunbrldge<br>Wells<br>Claudla jones<br>M82G Research Project<br>Woodward<br>Road||4,460<br>39,217<br>176,62lo|1,165<br>2,671<br>4,080<br>1,872<br>6,832<br>19,640|1,165<br>2,671<br>4,460<br>4,080<br>41,089<br>6,832<br>196,280|
|Bolton Crescent Maintenance<br>and planning<br>Other Project Costs<br>Gale Street Workshop<br>Wlnterlsation<br>Programme<br>Empty Spaces to Homes (ES2H)<br>Upcycllng<br>Programme<br>MSQ Dumfries<br>Royal Parade<br>Ringstead<br>Road||6,952<br>31,873<br>105,057|5,33'l<br>5,328<br>4,287<br>670<br>1,396<br>28,877<br>3,750<br>3,671<br>329|12,286<br>5,328<br>36,160<br>670<br>1,396<br>28,877<br>3,750<br>108,728<br>329|
|Amortlsatlon<br>ofProject Costs<br>Broad Street|||(4,323)|(4,323)|
|Rlngstead<br>Road, Lewisham<br>Friends<br>Meeting<br>House, Tunbrldge<br>Wells<br>East Street|||16,965<br>14,725<br>14,262|16,965<br>14,725<br>14,262|
|Nithdale<br>Road|||4,235|4,235|
|interest &pense<br>Rlngstead<br>Road, Lewisham<br>East Street, Barking<br>82 Dagenham|||2,133<br>2,956|2,133<br>2,956|
|Development<br>Advlsorjr end Menegement<br>Klngsley<br>Hall/Livability<br>St. Leonards<br>Church,<br>Chesham<br>Bole<br>Choumert<br>Road, Peckham|Services||1,189<br>1,882<br>1,607|1,189<br>1,882<br>1,607|
|Other Project costs<br>Nationwide<br>Sponsored<br>Training<br>Scheme<br>Business Development<br>Costs||28,384<br>392,583|15045<br>161,137|28,384<br>15 045<br>553,720|
|Support Costs<br>Governance<br>Costs|||142,428<br>25 774|142,428<br>25 774|
|||E392663|E329339|E721922|





## 

## 

## 

|ANALYSIS OF CHAR|ITABLE|A|CTIVITIES|(Continued)||||
|---|---|---|---|---|---|---|---|
||||||Restated|Restated|Restated|
||||||2022|2022|2022|
||||||Restricted|Unrestricted|Total|
||||||I|E|E|
|Construct/on<br>ft Renovation <br>East Street||Project Expenditure||||192|192|
|Nlthdale<br>Road||||||3,113|3,113|
|Broad Street||||||3I113|3,113|
|Gale Street, Barking<br>82|Dagenham||||197,219||197,219|
|Friends<br>Meeting<br>House,|Tunbrldge||Wells|||2,243|2,243|
|Claudla jones<br>MBEG Research Project<br>Woodward<br>Road|||||23,771<br>36,334|5,612<br>6,303|29,383<br>6,303<br>36,334|
|Bolton Crescent Maintenance|||||10,179||10,179|
|Other Project Costs||||||11,014|11,014|
|Amortlsatlon<br>of Project Costs||||||||
|Broad Street||||||20,840|20,8EIO|
|Rlngstead<br>Road, Lewlsham||||||16,965|16,965|
|Friends<br>Meeting<br>House,|Tunbridge||Wells|||15,083|15,083|
|East Street||||||13,876|13,876|
|Nithdale<br>Road||||||4,235|4,235|
|Interest Expense<br>Ringstead<br>Road, Lewlsham<br>East Street, Barking<br>lk Dagenham<br>Choumert<br>Road, Peckham||||||2,695<br>3I311<br>934|2,695<br>3,311<br>934|
|Development<br>Advfsory and <br>Klngsley<br>Hall/Uvablllty<br>St. Leonards<br>Church,<br>Chesham||/Efanagement<br>Bols||Services||15,373<br>1,108|15,373<br>1,108|
|Hornsey<br>Parish Church||||||107|107|
|ShaResburt<br>Battersea||||||8|8|
|Choumert<br>Road, Peckham||||||12,588|12,588|
|Other Project costs<br>Nationwide<br>Sponsored<br>Business Development|Training<br>Costs|Scheme|||14,114|20666|14,114<br>20666|
||||||281,617|159,379|440,996|
|Support Costs<br>Governance<br>Costs||||||99,012<br>22 801|99,012<br>22 801|
||||||E281 612|E281 192|E662 809|





## 

## 

|||||Activities for|Direct|Support|Governance|Governance|2023|
|---|---|---|---|---|---|---|---|---|---|
|||||Raising Funds<br>E|Costs<br>E|Costs<br>E|Costs<br>f||Total<br>f|
|Staff Costs||||16,681|103,620|66,563|17,829||204,692|
|Outskle<br>Labour|||||8,404||||8,404|
|Materials|||||276,864|3,291|||280,155|
|Other construction||costs|||33,746|223|||33,969|
|Insurance|||||2,941|7,292|||10,233|
|Legal 8r Professional<br>Other Office Expenses||||86|64,645<br>11,500|50,373<br>12,141|7,377<br>568||122,395<br>24,295|
|Financing<br>Costs<br>Depreciation<br>of fixed assets<br>Amoitisatlon<br>ofshort-term|||leases||6,139<br>45,863|63<br>2,481|||6,202<br>2,481<br>45,863|
|Bad Debts||||||||||
|||||E16767|E553 720|E142 429|E25|774|f738 688|
||||||||||Restated|
|||||Activities for|Direct|Support|Governance||2022|
|||||Raising Funds<br>E|Costs<br>E|Costs<br>f|Costs<br>E||Total<br>f|
|Staff Costs||||14,974|84,979|67,508|15,209||182,670|
|Outside<br>Labour|||||'l,650||||4,650|
|Materials|||||209,771||||209,771|
|Other construction||costs|||8,808|214|||9,022|
|Insurance|||||1,888|6,366|||8,254|
|Legal 8r Professional<br>Other Offlce Expenses<br>Financing<br>Costs||||17|34,697<br>17,243<br>6,940|17,455<br>8,625<br>176|7,134<br>458||59,286<br>26,343<br>7,116|
|Depreciation|of fixed assets|||||1,372|||1,372|
|Amortisation|of short-term||leases||70,999||||70,999|
|Bad Debts|||||1021|2 704|||1683|
|||||E14991|E440 996|E99012|E22|801|E577800|



## 

## 

|he operat|ing<br>result|Is stated after charging.|||
|---|---|---|---|---|
|||||Restated|
||||2023|2022|
||||f|E|
|Depreciation|||48,344|72,371|
|Payments|to auditors|in respect ofaudit services|7,350|7,000|
|Payments|to auditors|In respect ofother services|||





## 

|ANGIBLE FIXEDASS|ETS|ETS||||||
|---|---|---|---|---|---|---|---|
||Office, Land &||Plant|82|Short Term|||
|||Buildings|Machinery||Leasehold||Schemes In|
||||||Properties|Total|Development|
||||||E||E|
|COST||||||||
|At 1"July 2022||30,160|17,287||1,352,998|1,400,445|122,321|
|Additions|||3,383|||3,383|6,602|
|Disposals||||620|212751|213371|55 761|
|At 30e June 2023||30 160|20|050|1 140247|1 190457|73 162|
|DEPRECIATION/||||||||
|AMORTISATION||||||||
|At 1"July 2022||1,734|14,917||EI38,791|455,442||
|Charge for the Year||102|2,379||45,863|48,344||
|Dlsposals||||620|212751|213371||
|At 30' June 2023||1836|16|676|271 903|290415||
|NET BOOK VALUE||||||||
|At 308s June 2022||E28 426|E2|370|E914207|E945 003|E122321|
|At 30<br>June 2023||E28 324|E3|374|E868344|E900 042|E73 162|
|PROGRAMME<br>RELATED||INVESTMENTS||||||
||||||||Restated|
||||||2023||2022|
|Cost or Valuation|||||E||E|
|At 1"July 2022<br>Additional<br>loans<br>in Year<br>Repayments<br>At 30e June 2023|||||75,160<br>110,595<br>~33203<br>~35 435<br>E43 067<br>E75 IM|||
|Repayable<br>within one year<br>Repayable<br>in more than one year|||||12,209<br>31 658||32,653<br>42 507|
||||||E43 867||E75 160|



## 



## 

## 

## 

## 

## 

|||||||||||Restated|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||f|E|
||Building|Renovation||||||||55,761|
||New Building||Construction||||||73 162|66 560|
||Total||||||||E73 162|E122 321|
|||||||||||Rest'at'ed|
||||||||||2023|2022|
||||||||||E|f|
||Balance|Brought||Forward|||||122,321|80,229|
||Additional<br>Disposals|Costs||In|the|year|||6,602<br>~55 761|42,092|
||Balance|Carried||Forward|||||E73 162|E122321|
|11.|DEBTORS||||||||||
|||||||||||Restated|
||||||||||2023|2022|
||||||||||f|E|
||Trade Debtors||||||||702|67,865|
||Prepayments||||||||5,403|4,974|
||Other Debtors||and||Accrued||Income||135,680|567392|
||VAT||||||||32 260|4 314|
||||||||||6174 045|E133545|
|12.|CREDITORS: AMOUNTS||||||FALLING DUE WITHIN||ONE YEAR||
|||||||||||Restated|
||||||||||2023|2022|
|||||||||||E|
||Trade Creditors||||||||61,731|22,780|
||Social Security and||||Other Taxes||||4,005|2,465|
||Accruals|and Deferred||||Income|||99,054|100,588|
||VAT||||||||||
||Sinking<br>Fund||||||||30,912|30,936|
||Loan —Repayable||||within one year||||28 591|27 562|
||||||||||E224 293|E184331|
|13.|CREDITORS: AMOUNTS||||||FALLING DUE AFTER MORE THAN ONE YEAR||||
|||||||||||Restated|
||||||||||2023|2022|
||||||||||f|E|
||Loan —balance|||repayable|||In 1 —5 years||84,884|99,507|
||Loan —balance|||repayable|||in more than|5 years|18 172|32 199|
||||||||||E103 056|E131706|



## 



## 

|||||||th|||
|---|---|---|---|---|---|---|---|---|
|14.|NET ASSETS|BYFUND|||||||
||2023||||Restricted||Unrestricted|Total|
||||||||Designated||
||||||||E|E|
||Fixed Assets||||||1,017,071|1,017,071|
||Current Assets|||||14,166|255,602|269,768|
||Creditors due|within one year|||||(224,293)|(224,293)|
||Creditors due|in more than one year|||||103056|103056|
|||||||E14166|E945 324|E959490|
||2022 - Restated||||Restricted||Unrestricted|Total|
||||||||Designated||
||||||||E|E|
||Fixed Assets||||||1,142,484|1,142,484|
||Current Assets|||||133,100|112,308|245,408|
||Creditors<br>due|within one year|||||(184,331)|(184,331)|
||Creditors<br>due|In more than one year|||||131706|131706|
|||||||E133100|E938755|Ei 071855|
|15.|RESTRICTED FUNDS||||||||
||2023||||Funds as at<br>1st3uly 2022|Incoming<br>Resources|Resources<br>Expended|Funds as at<br>30th 3une 2023|
||||||E|E|E|E|
||Adventure<br>Playground||||1,821|6,299|(6,953)|1I167|
||Young Persons Training||||24,526|10,000|(28,384)|6,142|
||Programme||||||||
||Gale Street Redevelopment|||(now|||||
||Empty Spaces)||||||||
||Project||||||||
||The Claudla 3ones Organisation|||||39,217|(39,217)||
||Gale Street Workshop||Upcycllng||||||
||Empty Spaces||||106,753|218,133|(318,029)|6,857|
||Woodward<br>Road Redevelopment||||||||
||project (now Empty Spaces)||||||||
||||||E133100|E273 649|E 392 583|E14 166|
||2022 - Restated||||Funds as at<br>1st3uly 2022|Incoming<br>Resources|Resources<br>Expended|Funds as at<br>30th 3une 2022|
||||||E|E|E|E|
||Adventure<br>Playground||||7,000|5,000|(10,179)|1,821|
||Young Persons Training||||||||
||Programme||||38,640||(14,114)|24,526|
||Gale Street Redevelopment||||||||
||Project||||103,042|163,713|(197,219)|69,536|
||Claudla 3ones|Organlsatlon|||7,088|16,683|(23,771)||
||Woodward<br>Road Redevelopment||||||||
||Project|||||73 551|36334|37 217|
||||||E155770|E258 947|E 281 617|E133 100|





## 

## 

## 

## 

## 

## 

|||||Restated|
|---|---|---|---|---|
||||2023|2022|
||||E|E|
|Wages and|Salaries||170,296|167,278|
|Employer's|Ni||17,946|18,000|
|Pension Costs|||3811|4 548|
||||E192053|E189826|
|Capltalised<br>Other Staff|Staff Costs —Short Leasehold<br> Costs|Projects|581<br>191472|7,118<br>182708|
||||E192053|E189826|



## 

## 

## 

|CAPITAL COMMIT|ME|NTS|||||
|---|---|---|---|---|---|---|
|||||||Restated|
||||||2023|2022|
||||||E|E|
|Capital expenditure|that has been contracted|||for but|||
|has not been provided||for In the Rnanclal|statements||497 218|183 666|
|Total|||||E497,218|E183,666|





## 

## 

## 

## 

##