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2022-03-31-accounts

Legal and administrative	information
Report ofthe Trustees	(incorporating	Chief Executive's Report)
Independent auditor's	report		19
Statement offinancial	activities		22
Consolidated balance sheet			23
Balance sheet			24
Cash flow statement			25
Notes tothe financial statements			26

				Unrestricted	Restricted	Total Funds	Total Funds
			Notes	Funds 2022	Funds 2022	2022	2021
Income
Donations and legacies				34,484		34,484	45,571
Income from charitable		activities		214,420	625,857	840,277	681,819
Other trading activities				71,620		71,620	79,710
Investment income						441	231
Total income			2	320,965	625,857	946,822	807,331
Expenditure
Raising funds				50,741		50,741	64,109
Charitable activities				101,187	667,785	768,972	548,816
Total resources expended			3	151,928	667,785	819,713	612,925
Net incoming/(outgoing)
Resources before transfem				169,037	(41,928)	127,109	194,406
Transfers between the funds				(7,330)	7,330
Net movement in funds	for the year			161,707	(34,598)	127,109	194,406
Fund balances brought	forward
at 1 April 2021				345,410	131,451	476,861	282,455
Fund balances canled forward
at 31 March 2022			15	507,117	96,853	603,970	476,861

					2022		2021
			Notes		8
Fixed assets
Tangible assets
Current assets
Debtors			11	17,460		69,678
Short term investments			12	155,923		155,840
Cash at bank and		in hand		759,134		583,538
				932,517		809,056
Creditors -amounts		falling due
within	one year		13	328,548		332,196
Net current assets					603,969		476,860
Net assets					603,970		476,861
Funds
Income funds
Unrestricted funds
General funds					304,117		253,754
Designated	funds				203,000		91,656
Resbicted funds					96,853		131,451
Total funds			15		603,970		476,861

					2022		2021
			Notes
Fixed assets
Tangible assets			9
Investments			10
Current assets
Debtors			11	870		47,623
Short term investments			12	155,923		155,840
Cash at bank and		in hand		749,042		573,645
				905,835		777,108
Creditors -amounts		falling due
within	one year		13	326,082		312,729
Net current assets					579,753		464,379
Net assets					579,756		464,382
Funds
Income funds
Unrestricted funds
General funds					279,903		241,455
Designated	funds				203,000		91,476
Restricted funds					96,853		131,451
Total funds					579,756		464,382

						Group	Charity	Group	Charity
					Notes	2022	2022	2021	2021
						f	8		f
Cash provided	(used) in	operating		activities	16	178,131	177,932	385,364	386,756
Cash flows from investing			activities:
Interest income							441	231	227
Taxation
Purchase of tangible		fixed assets				(2,976)	(2,976)	(4,437)	(4,437)
Net cash used	in investing		activities			(2,535)	(2,535)	(4,206)	(4,210)
Change in cash	and cash		equivalents
in the year						175,596	175,397	381,158	382,546
Cash and cash	equivalents		brought	forward		583,538	573,645	202,380	191,099
Cash and cash	equivalents		carried	forward		759,134	749,042	583,538	573,645

Incoming resource	s
						2022	2021
Restricted Funds
AB Charitable Trust						25,000	45,000
Baring Fund							30,000
Barrow Cadbury	Trust					25,750	24,750
Big Lottery Fund						57,763	31,600
Comic Relief							350,000
Esmee Fairbaim	Foundation					34,000	17,000
Greater London	Authority		-Young Londoners		Fund	22,500	48,000
Hackney Council	CSV					30,941	21,991
Islington Council						274,500
Lankelly Chase Foundation						51,156	30,000
London Community Fund						9,000	15,000
Trust for London						115,000	9,865
Others						20,000
Grants received	in advance					(39,753)	(82,889)
Total restricted Grants						625,857	540,317
Unrestricted Funds
Big Lottery							50,000
Charities Aid Foundation			(CAF)			104,500
City Bridge Trust							41,250
Joseph Rowntree	Charitable			Trust		36,667	55,032
Income from charitable		activities				23,121	45,045
Other grants							20,220
Donations						34,484	45,571
Grants received	in advance					50,132	(70,045)
						874,761	727,390
Activities for generating		funds				71,620	79,710
Investment income: Bank			interest				231
						946,822	807,331

This is sta	ted after charging:
		2022	2021
		f	E
Directors	emoluments
Depreciation		2,976	4,437
Operating	leases - land and buildings	17,865	23,453
Auditors'	remuneration
Audit	fee	2,400	1,920

Staff costs Staff costs during the period were as follows:
	2022f	2021f
Salaries and wages	314,606	287,169
Social security costs	27,581	24,633
Other pension costs	23,431	21,568
	365,618	333,370

Direct charitable	expenditure
Chief officer
Others
Management and	administration

2022	2021
Number	Number
11	9

	and
	equipment
	E
Cost
At 1 April 2021	11,905
Additions	2,976
At 31 March 2022	14,881
Depredation
At 1 April 2021	11,904
Charge for the year	2,976
At 31 March 2022	14,880
Net book value
At 31 March 2022
At 31 March 2021

Profit and loss account ofARE Enterprise	Profit and loss account ofARE Enterprise	Profit and loss account ofARE Enterprise	Ltd		2022	2021
						6
Turnover					71,620	79,710
Expenses					(49,886)	(62,126)
Covenanted payment		to charity			(10,000)	(17,588)
					11,734	(4)
Interest receivable					1	4
Profit on ordinary	activities after taxation				11,735
Summarlsed balance		sheet ofARE Enterprise		Ltd	2022	2021
						f
Current assets					54,469	65,723
Creditors: amounts	felling due within one year				(30,253)	(53,242)
Net assets					24,216	12,481
Called up share capital					2	2
Profit and loss account					24,214	12,479
					24,216	12,481

			Group		Charity
			2022	2021	2022	2021
			f	f	f	f
Trade debtors			16,590	67,830		12,000
Amount	due from subsidiary	undertaking				33,775
Other debtors			870	1,848	870	1,848
			17,460	69,678	870	47,623

				Group	Group	Charity	Charity
				2022	2021	2022	2021
				f	f	f	f
Trade creditors				6,166	15,283	4,166	13,683
Amount	due to subsidiary	undertaking				27,786
Taxation	and social security		costs	2,752
Other creditors and deferred			income	319,630	316,913	294,130	299,046
				328,548	332,196	326,082	312,729
Analysis	of net assets	between funds
					Unrestricted	Restricted	Total
					Generalf	funds f	funds f
Fixed assets					1		1
Current	assets				550,750	381,767	932,517
Current	liabilities				(43,634)	(284,914)	(328,548)
Total net assets					507,117	96,853	603,970

			Group		Charity
			2022	2021	2022	2021
			E	f	8
Net incoming resources
(as per the statement	offinancial acbvities)		127,109	194,406	115,374	194,406
Depreciation charge			2,976	4,437	2,976	4,437
Interest income			(441)	(231)	(441)	(227)
Decrease (increase)	in short term investments		(83)	(88)	(83)	(88)
Decrease (increase)	in debtors		52,218	(37,477)	46,753	(17,772)
Increase (decrease)	in creditors		(3,648)	224,317	13,353	206,000
Net cash provided by	operating	activities	178,131	385,364	177,932	386,756

17	Commitments	under operating	leases
				2022	2021
	Total commitments			4,032	4,032