||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Report ofthe Independent
Auditors||7|to|9|
|Statement of Financial|Activities||10||
|Statement of Financial|Position||||
|Statement of Cash Flows|||12||
|Notes to the Statement|of Cash Flows||13||
|Notes to the Financial|Statements|14|to|24|
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||||for the Year E|nded 31 March 20|23|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|fundsf|fundsf|fundsf|fundsf|
|Income and endowments||from||||||
|Donations
and legames||||8,014||8,014|8,524|
|Charitable
activities||||||||
|Bureaux,
Community|and Legal Services|||618,154|94,105|712,259|780,142|
|Wormwood
Scrubs|||||23,698|23,698|70,449|
|Adult Social Care|||||118,564|118,564|246,791|
|Grenfefi Project|||||223,966|223,966|179,445|
|Universal
Support|||||||86,598|
|Investment
income||||1,640||1,640|96|
|Dtherincome|||||||370|
|Total||||627,808|460,333|1,088,141|1,372,417|
|Expenditure
on||||||||
|Charitable
activities||||||||
|Bureaux,
Community|and Legal Services|||490,531|63,272|553,803|716,166|
|Wormwood
Scrubs|||||17,709|17,709|80,041|
|Adult Social Care|||||98,382|98,382|238,055|
|Money Advice Project|||||||9,088|
|Grenfefi Project|||||197,217|197,217|150,492|
|Unwersal
Support|||||1,754|1,754|86,501|
|Total||||490,531|378,334|868,865|1,280,343|
|NET INCOME||||137,277|81,999|219,276|92,074|
|Reconciliation
offunds||||||||
|Total funds
brought|forward|||248,716|130,966|379,682|287,608|
|Total funds carried|forward|||385,993|212,965|598,958|379,682|
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||||||||2023|2022|2022|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total||
|||||Notes|fundsf|funds
6|funds
6|funds
6||
|Fixed assets||||||||||
|Tangible assets||||12|1,066||1,066||5,536|
|Current assets||||||||||
|Debtors||||13|61,697||61,697||7,089|
|Cash at bank|and|in hand|||739,21 1|212,966|952,177|895,070||
||||||800,908|212,966|1,013,874|902,159||
|Creditors||||||||||
|Amounts
falling due within|||one year|14|(132,274)||(132,274)|(191,819)||
|Net current|assets||||668,634|212,966|881,600|710,340||
|Total assets|less|current|liabilities||669,700|212,966|882,666|715,876||
|Pension
liability|||||(283,708)||(283,708)|(336,194)||
|NETASSETS|||||385,992|212,966|598,958|379,682||
|Funds||||15||||||
|Unrestricted|funds||||||385,992|248,716||
|Restricted
funds|||||||212,966|1|30,966|
|Total funds|||||||598,958|379,682||
|These||||||||||
|financial||||||||||
|statements||||||||||
|have
been||||||||||
|prepared
in||||||||||
|accordance||||||||||
|with
and||||||||||
|delivered
in||||||||||
|accordance||||||||||
|with
the||||||||||
|special||||||||||
|p re v Is
I0Iis||||||||||
|applicable||||||||||
|to
small||||||||||
|charitable||||||||||
|companies||||||||||
|sub)ect
tc||||||||||
|lhe
small||||||||||
|companies||||||||||
|regime.||||||||||
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||||2023|2022|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operaaons|||58,707|142,922|
|Net cash provided
by operating
actwities|||58,707|142,922|
|Cash flows from investing|activities||||
|Purchase
oftangible
fixed assets|||1,600||
|Net cash (used in)/provided|by investing|actwities|1,600||
|Change
In cash and cash
the reporting
period|equivalents|In|57,107|142,922|
|Cash and cash equivalents
beginning
of the reporting|at the
period||895,070|752,148|
|Cash and cash equivalents
the reporting
period|at the end|of|952,177|895,070|
##
|||for the Year Ended 31 M|for the Year Ended 31 M|arch 2023|||
|---|---|---|---|---|---|---|
|Reconciliation
of net income||to net cash flow from operating||activities|||
||||||2023|2022|
||||||6|6|
|Net income for the
Activities)|reporting|period (as per the Statement|of|Financial|219,276|92,074|
|Adjustments
for:|||||||
|Depreciation
charges|||||6,070|5,536|
|Increase
in stocks||||||(80,467)|
|(Increase)/decrease|i~ debtors||||(54,608)|44,384|
|(Decrease)fiocrease
Difference between|in creditors
pension
charge and cash contributions||||(59,545)
~52,486)|116,550
~35,I55)|
|Net cash provided|hy operations||||RR 707|1429op|
|Analysis ofchanges|In net funds||||
|---|---|---|---|---|
|||At 1.4.22|Cash flow|At 31.3.23|
|||6|6|6|
|Net cash|||||
|Cash at bank and in|hand|895,070|57,107|952,177|
|||895,070|57,107|952,177|
|Total||895070|57 107|952 177|
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|Donations
and lega|cies|||||||
|---|---|---|---|---|---|---|---|
|||||||2023f|2022f|
|Donations||||||8014|8 524|
|Investment
income||||||||
|||||||2023f|2022
f|
|Interest received||||||1 640|98|
|Income from charitable||activities||||||
||||Activity|||2023|2022f|
|Royal Borough of Kensington
&Chelsea - general
grant|||Bureaux, Community|and|Legal Services|550,000|630,541|
|C&NW London NHS
Foundation
Trust|||Bureaux, Community|and|Legal Services|49,443||
|RBKC|||Bureaux, Community|and|Legal Services|41,133|86,875|
|BLF|||Bureaux, Community|and|Legal Services|14,211||
|Campden
Charities|||Bureaux, Commumty|and|Legal Services|4,500|10,500|
|CitA|||Bureaux, Community|and|Legal Services||295|
|The National
Lottery|||Bureaux, Community|and|Legal Services|52,972|51,931|
|Wormwood
Scrubs -
in kind|donations||Wormwood
Scrubs|||23,698|10,000|
|The City Bridge Trust|||Wormwood
Scrubs||||43,958|
|HMP Ilormwood
Scrubs|||Wormwood
Scrubs||||16,491|
|RBKC - Social Services|||Adult Social Care|||114,783|216,791|
|C&NVY London NHS
Foundation
Trust|||Adult Social Care|||3,781|30,000|
|Cs NW London NHS
Foundation
Trust|||Grenfell Project|||98,000|57,500|
|RBKC|||Grenfell Prolect||||70,000|
|BLF|||Grenfell Project|||125,966||
|Kensington
& Chelsea
Foundation|||Grenfell Project||||51,945|
|CitA|||Universal
Support||||86598|
|||||||1,078,487|1,363,425|
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##
|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs|note 7)|Totals|
||||||6|6||
|Bureaux,|Community|and|Legal Services||393,533|160,270|553,803|
|Wormwood
Scrubs|||||6,097|11,612|17,709|
|Adult Somal Care|||||79,103|19,279|98,382|
|Grenfell
Universal|Proleci
Support||||127,495|69,722
~1754|197,217
~1754|
||||||606 228|262 637|868865|
|Supportcosts||||||||
||||||Prersises|Information|Human|
||||||costsf|tecllnology
f|resourcesf|
|Bureaux,|Community|and|Legal Services||14,603|22,212|36,462|
|Wormwood
Scrubs|||||10,000||590|
|Adult Social Care|||||2,527|3,726|6,746|
|Grenfell|Project||||5,456|6,669|13,390|
|Universal|Support||||1,754|||
||||||34 340|32 607|57,188|
|||||Administration||Governance||
|||||costs|Other|cos'ls|Totals|
|||||6|6|6|6|
|Bureaux,|Community|and|Legal Sen/ices|14,480|62 129|10,384|160270|
|Wormwood
Scrubs||||890|132||11,612|
|Adult Social Care||||3,042|1 408|1,830|19,279|
|Grenfell
Universal|Project
Support|||5,302|35500|3,405|69 722
~1754|
|||||23714|99169|15619|262 637|
|Net income/(expenditure)||||||||
|Net income/(expenditure)|||is stated sacr charging/(crediting):|||||
|||||||2023|2022|
|||||||6|F.|
|Auditors'
remuneration
Depreciation
—owned||assets||||8,701
~6070|8,220
~5536|
##
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##
|The average
monthly|num|ber ofempl|oyees
during
the year was as|follows:|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Project workers|||||15|31|
|Management
and administration|||||2|2|
||||||17|33|
|No employees
received emoluments|||in excess ofE60,000.||||
|Comparatives
for the statement of|||financial activities||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||F|E|E|
|Income and endowments||from|||||
|Donations
and legacies||||3,524|5,000|8,524|
|Chantable
activities|||||||
|Bureaux, Community|and|Legal Services||645,344|134,798|780,142|
|Wormwood
Scrubs|||||70,449|70,449|
|Adult Somal Care|||||246, 791|246,791|
|Grenfefi Project|||||179,445|179,445|
|Universal
Support|||||86,598|86,598|
|Investment
income||||98||98|
|Other income||||370||370|
|Total||||649,336|723,081|1,372,417|
|Expenditure
on|||||||
##
##
|for the Year End|for the Year End|ed 31 March 2|023|||
|---|---|---|---|---|---|
|Comparatives
for the statement offinancial activities||-continued||||
||||Unrestricted|Restricted|Total|
||||fundsf|fundsf|fundsf|
|Charitable
activities||||||
|Bureaux, Community|and Legal Services||589,279|126,887|716,166|
|Wormwood
Scrubs||||80,041|80,041|
|Adult Somal Care||||238,055|238,055|
|Money Advice Project||||9,088|9,088|
|Grentell Proieci||||150,492|150,492|
|Universal
Support||||86,501|86,501|
|Total|||589,279|691,064|1280,343|
|NET INCOME|||60,057|32,017|92,074|
|Reconciliation
offunds||||||
|Total funds
brought|forward||188,659|98,949|287,608|
|Total funds cerned|forward||248,716|130,966|379,682|
|Tangible fixed assets||||||
||||||Computer|
||||||equipment|
||||||f.|
|Cost||||||
|At 1 Apnl 2022|||||68,130|
|Additions|||||1,600|
|At 31 March 2023|||||69,730|
|Depreciation||||||
|At 1 Apnl 2022|||||62,594|
|Charge for year|||||s,nrn|
|At 31 March 2023|||||68,664|
|Net book value||||||
|At 31 March 2023|||||1,066|
|At 31 March 2022|||||5,536|
##
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##
|||||||
|---|---|---|---|---|---|
|Debtors:|amounts||falling due within one year|||
|||||2023f|2022f|
|Other debtors|||||4,408|
|Accrued|income|||59,008||
|Prepayments||||2,689|2,681|
|||||61 697|7089|
|Creditors: amounts|||falling due within one year|||
|||||2023f|2022f|
|Sacial security
and|||other taxes|I3,353|19,752|
|Other creditors||||10,201|17,938|
|Arnaunts|held an|behalf of chants||22,800|12,726|
|Deferred|income|||69,178|27,006|
|Accrued|expenses|||16,742|114,397|
|||||132274|191819|
|Deferred|income|||||
|Deferred|income|as|at 1 April 2022||27,006|
|Released|in the year||||(27.006)|
|Income deferred||m|the year||69,178|
|Deferred|income|as|at 31 March 2023||69,178|
##
##
##
|Movement
in fun|ds||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.22f|in funds|fundsf|31.3.23f|
|Unrestricted
funds|||||||||
|General
fund|||||295,191||(295,191)||
|General
Fund
—Bureaux Services|||||289,719|84 790|245,191|619,700|
|Pension
liability|||||(336,194)|52486||(283 708)|
|Designated
Fund
Developments|-|IT and Service|||||50,000|50000|
||||||248,716|137,276||385,992|
|Restricted funds|||||||||
|HM Pnson Service||—yyormwood||Scrubs|3,875|5665||9,540|
|Adult Social Care|||||78,817|20 182||98999|
|RBKC - Grenfell|Proiect||||39,983|26 748||66 731|
|Universal
Support|||||381|(381)|||
|National
Lottery Community|||Fund||768|2895||3663|
|Kensington
Covid Recovery|||||7,142|26 891||34033|
||||||130,966|82,000||212,966|
|TOTAL FUNDS|||||379,682|219276||598,958|
##
##
##
|Net movement
in fu|nds,
incl|ude|d
in the above are as follo|ws|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resourcesf|expendedf|in funds|
|Unrestricted
funds|||||||
|General
Fund
—Bureaux Services||||627,808|(543,018)|84,790|
|Pension
Sability|||||||
|||||627,808|(490,532)|137,276|
|Restricted funds|||||||
|HM Prison Service|- yyormwood||Scrubs|23,698|(18,033)|5,665|
|Adult Social Care||||118,564|(98,382)|20,182|
|RBKC - Grenfell
Project||||223,967|(197,219)|26,748|
|Universal
Support|||||(381)|(381)|
|National
Lottery Community||Fund||52,972|(50,077)|2,895|
|Kensington
Covid Recovery||||||26,891|
|||||||82,000|
|TOTAL FUNDS|||||||
|Comparatives
for|movement||in funds||||
||||||Net||
||||||movement|At|
|||||At 1.4.21f|in fundsf|31.3.22f|
|Unrestricted
funds|||||||
|General
fund||||295,191||295,191|
|General
Fund
—Bureaux Services||||264,817|24,902|289,719|
|Pension
liability||||~371.349)|35.155|~336.194)|
|||||188,659|60,057|248,716|
|Restricted funds|||||||
|HM Prison Service|—Wormwood||Scrubs|8,466|(4,591)|3,875|
|Adult Social Care||||70,081|8,736|78,817|
|Money Advice Project||||9,088|(9,088)||
|RBKC - Grenfell
Project||||11,030|28.953|39,963|
|Universal
Support
National
Lottery Community||Fund||284|97
768|381
768|
|Kensington
Covid Recovery|||||7,142|7,142|
|||||98 949|32,017|130,966|
|TOTAL FUNDS||||287,608|92074|~379682|
##
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##
|||||||2023f|2022
f.|
|---|---|---|---|---|---|---|---|
|Pension
kability brought||forward||||336,194|371,349|
|Deficit contribution|in the|year||||(27,000)|(27,000|
|Net present value
pensions|remeasurementNet||(gains)/losses|on revaluation|on|(25,486)|(8,155|
|Pension
liability as|at 31|March||||283,708|336,194|
##
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##
|Operating
lease|Operating
lease|commitments|commitments|||||||
|---|---|---|---|---|---|---|---|---|---|
|At the reporting||date the charity||had outstanding|commitments|for future|minimum|lease payments
under|non-cancellable|
|operating|leases|which|fall due|as follows:||||||
|||||||||2023|2022|
|Within one year||||||||13,389|13,389|
|Between|one and five||years|||||6,695|23,431|
|Total||||||||20,084|36,820|
##