|||||Page||
|---|---|---|---|---|---|
|Report of the Trustees|||1|to||
|Independent|Examiner's|Report||||
|Statement|of Financial|Activities||||
|Statement|of Financial|Position||||
|Notes to the Financial Statements|||8|to|15|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restncted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|6||6|5|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||||139,849|139,849|52,417|
|Charitable
activities||||||||
|VCS Infrastructure|Fund||||30,000|30,000|30,000|
|Housing
Disability|Panel||||22,910|22,910|22,910|
|Other activities||||15,569||15,569|5,530|
|Investment
income|||3|38||38||
|Total||||15,607|192,759|208,366|110,859|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|VCS Infrastructure|Fund||||24,151|24,151|30,995|
|Housing
Disability|Panel||||8,924|8,924|10,782|
|Reaching
communities
Other activities||||~295)|45,501
45,'678|45,501
45,383|64,857|
|Total||||~295)|124,254|123,959|106,634|
|NET INCOME||||15,902|68,505|84,407|4,225|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forvrard|||61,045|55,133|116,178|111,953|
|TOTAL FUNDS CARRIED FORWARD||||~76947|123,638|200,585|116,178|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|5|5|5|8|
|FIXEDASSETS||||||
|Tangible assets|9|978||978||
|CURRENT ASSETS||||||
|Debtors|10|2,250||2,250|2,250|
|Cash at bank||82,530|126,138|208,668|125,254|
|||84,780|126,138|210,918|127.504|
|CREDITORS||||||
|Amounts
falling due within one year|11|(8,811)|(2,500)|(11,311)|(11,326)|
|NET CURRENT ASSETS||75,969|123,638|199,607|116,178|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||76,947|123,638|200,585|116,178|
|NET ASSETS||76,947|123,638|200,585|116,178|
|FUNDS|12|||||
|Unrestricted
funds||||76,947|81,045|
|Restncted
funds||||123,638|55,133|
|TOTALFUNDS||||200,585|116,178|
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|INCOME FRO|M CHA|RITA|BLE A|CT|IVIT|IES|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2023||2022||
||||Activity||||||||||E|||E|
|LBof Islington|||VCS Infrastructure|||||Fund|||||30,000||30,000||
|LBof lsbngton|||Housing||Disability|||Panel|||||22,910||22,910||
|Other|||Other|activities|||||||||15,569|||530|
|LB of Islington|||Other|activities||||||||||||5,000|
||||||||||||||68,479||58,440||
|CHARITABLE|ACTIVITIES COSTS||||||||||||||||
||||||||||||||2023||2022||
|||||LBI||Lottery|||||||||||
||NLCF||LBI|HD||RC|||Merton|Cloudesley|Gen||||||
||COVID||VCS|P||Fund|||CIL|Fund|Fund||Total||Total||
||6||E|E||E|||E|6|||F.|||E|
|Direct Costs|||||||||||||||||
|Employment|||||||||||||||||
|coals|3,828||10,115|5,142||38,710|||7,960|28,330|(1000)||93,085||70,267||
|Other direct|||||||||||||||||
|coals|3.828,115|||.1 2||8,7|||~8.»||. 881||3|8|7|3,197
.«|
|Support|||||||||||||||||
|Costs|||||||||||||||||
|Establishment|||||||||||||||||
|costs|2,250||7,238||102|2,472|||1,195||||15,257||10,064||
|Repairs 8|||||||||||||||||
|maintenance|||793||289||||||(168)|||914|||
|Office|||||||||||||||||
|expenses||119|197||235||544||||(8)||1,087|||4,044|
|Sundries|||745||100|||8|||(20)|||833||3,483|
|Service costs|755||2,220||37|1,635|||115||||4,762||||
|Insurance||127|612||200||625||||||1,564|||1,143|
|Accountancy|||1,387||380||603||||||2,370|||2,030|
|I egal &|||||||||||||||||
|professional|882||844||439||904||117||439||3,625||12,363||
|Depreciation|||||||||||462|||462||43|
||4,133||14,036|963||6,791|||1,427||705||30,874||33,170||
||791||24,15|.924||5.|31||~9,38|28,333|29|7|123.959||196.63||
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|||2023|2022|
|---|---|---|---|
|||6|6|
|Independent|Examiners fee|2,370|2,030|
|Depreciation|- owned assets|462|43|
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|||2023|2022|
|---|---|---|---|
|||6|6|
|Wages|and salaries|89,058|67,889|
|Social|security costs|1,057|28|
|Other|pension costs|2.970|2,350|
|||93,085|70,267|
##
|The av|erag|e
monthly
number
ofemployees
during|the year was as follows:||
|---|---|---|---|---|
||||2023|2022|
|Charitable||activities|4|6|
|Admin|and|management|2|3|
||||6|9|
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||NOTES TO THE FINANCIAL STATEMENTS - cont
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - cont
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - cont
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE FINANCIAL STATEMENTS - cont
FOR THE YEAR ENDED 31 MARCH 2023|inued|||
|---|---|---|---|---|---|---|---|
|9.|TANGIBLE FIXEDASSETS|||||||
||||||||Fixtures|
||||||||arid|
||||||||fittings
f|
||COST|||||||
||At 1 Apnl 2022||||||45,522|
||Additions||||||1,440|
||Disposals||||||(34,528)|
||At 31 March 2023||||||12,434|
||DEPRECIATION|||||||
||At 1 April 2022||||||45,522|
||Charge for year||||||462|
||Eliminated
on disposal||||||~34,528)|
||At 31 March 2023||||||11,456|
||NET BOOK VALUE|||||||
||At 31 March 2023||||||978|
||At 31 March 2022|||||||
|10.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||2023||2022|
||||||F||f|
||Other debtors||||2,250||2,250|
|11.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
||||||2023||2022|
||||||||8|
||Trade creditors|||||508|1,727|
||Social security and other|||taxes|4,790||1,543|
||Other creditors||||1,473||603|
||Accruals and deferred|income|||4,540||7,453|
||||||11,311||11,326|
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|MOVEM|ENT
IN FU|NDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1/4/22|in funds|31/3/23|
||||5|9|F|
|Unrestricted
funds||||||
|General|fund||61,045|15,902|76,947|
|Restricted funds||||||
|VCS Infrastructure||Fund|14,358|5,849|20,207|
|Housing|Disability Panel||29,554|13,986|43,540|
|NLCF -|COVID support||8,443|(7,961)|482|
|LBI Chest Fund|||2,477||2,477|
|Cloudesley
Fund|||301|6,969|7,270|
|Lottery|RC Fund|||45,572|45,572|
|Merton|CIL|||4,090|4,090|
||||55,133|68,505|123,638|
|TOTAL|FUNDS||116,178|84,407|200,585|
##
|Net mo|vement
in|funds,
included
in the ab|ove are as follows|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||5|8|5|
|Unrestricted
funds||||||
|General|fund||15,607|295|15,902|
|Restricted funds||||||
|VCS Infrastructure||Fund|30,000|(24,151)|5,849|
|Housing|Disability|Panel|22,910|(8,924)|13,986|
|NLCF -|COVID support|||(7,961)|(7,961)|
|Cloudesley
Fund|||35,299|(28,330)|6,969|
|Lottery
Merton|RC Fund
CIL||91,073
13,477|(45,501)
~9,387)|45,572
4,090|
||||192,759|(124,254)|68,505|
|TOTAL|FUNDS||208,366|~123,959)|84,407|
##
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|Comps ratives fo|r movem|ent
in fun|ds||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At 1/4/21||in funds|funds|31/3/22|
|||||5||6|f|5|
|Unrestricted
funds|||||||||
|General
fund||||57,647||4,393|(995)|61,045|
|Restricted funds|||||||||
|VCS Infrastructure|Fund|||14,358||(995)|995|14,358|
|Housing
Disability|Panel|||17,426||12,128||29,554|
|City Bridge Trust - COVID||support||22,004||(22,004)|||
|NLCF - COVID support|||||518|7,925||8,443|
|LBIChest Fund||||||2,477||2,477|
|Cloudesley
Fund||||||301||301|
|||||54,306||~168|995|55,133|
|TOTAL FUNDS||||111,953||4,225||116,178|
|Comparative
net movement||in funds,|Included|in the above||are as follows'|||
|||||||Incoming|Resources|Movement|
|||||||resources
6|expended
f|in funds
f|
|Unrestricted
funds|||||||||
|General
fund||||||949|3,444|4,393|
|Restricted funds|||||||||
|VCS Infrastructure|Fund|||||30,000|(30,995)|(995)|
|Housing
Disability|Panel|||||22,910|(10,782)|12,128|
|City Bridge Trust - COVID||support|||||(22,004)|(22,004)|
|NLCF - COVID support||||||50,000|(42 075)|7,925|
|LBI Chest Fund
Cloudesley
Fund||||||5,000
2,000|(2,523)
~1,699)|2,477
301|
|||||||109,910|(110,078)|~168)|
|TOTALFUNDS||||||110,859|(106,634)|4,225|
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