2020-12-31-accounts

					Page
Trustees' annual report (incorporating the			director's	report)
Independent auditor's	report to	the members
Statement offinancial	activities	(including	income and
expenditure account)					16
Statement offinancial	position				17
Notes to the financial	statements				18
The following pages	do not form part ofthe financial statements
Detailed statement of	financial activities				31
Notes to the detailed statement		offinancial	activities		33

Reference	and adm	inistrative	inistrative	details	details
Registered	charity	name		I Can Do It Limited
Charity registration		number		1057255
Company	registration		number	3084208
Principal office and		registered		Selby Centre
office				Selby Road
				London
				N17 8JL
The trustees
				Ms Desai
				Mr Tataree
Company	secretary			Mr N Tataree
Auditor				Virash Bach	&Co. Limited
				Chartered Accountants		&Statutory	Auditor
				72 Lyndhurst	Road
				Thornton Heath
				Surrey
				CR7 7PW
Bankers				Nat West Bank
				14The Broadway
				Wood Green
				London
				N22 6BZ

					2020		2019
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	R
Income and endowments
Donations and legacies			5	42,036		42,036	65
Charitable activities			6	12,201		12,201	22,596
Investment income			7	2,902		2,902	6,929
Total income				57,139		57,139	29,590
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			6	29,674		29,674	165
Expenditure on charitable	activities		9,10	123,067	308	123,375	178,677
Total expenditure				152,741	308	153,049	178,842
Net expenditure and net	movement		In
funds				(95,602)	(308)	(95,910)	(149,252)
Reconciliation offunds
Total funds brought forward				2,252,087	1,626	2,253,713	2,402,965
Total funds carried forward				2,156,485	1,318	2,157,603	2,253,713

				2020		2019
			Note
Fixed assets
Tangible fixed assets			17		1,015	1,522
Current assets
Debtors			18	19,262		5,900
Cash at bank and in	hand			2,184,772		2,278,018
				2,204,034		2,283,918
Creditors: amounts	falling	due within one year	19	47,246		31,727
Net current assets					2,156,788	2,252,191
Total assets less current		liabilities			2,157,803	2,253,713
Net assets					2,157,803	2,253,713
Funds ofthe charity
Restricted funds					1,318	1,626
Unrestricted funds					2,156,485	2,252,087
Total charity funds			21		2,15?,803	2,253,713

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2020	Funds	2019
		F
Donations
Donations -	CJRS Grants	26,110	26,110
Donations -	Covid Support Grants
-Government		15,876	15,876
Membership	subscriptions	50	50	65	65
		42,036	42,036	65	65

6.	Charitable	activities
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
					F		F	F
	IAG						15,714	15,714
	Small grants and other				1,051	1,051	4,282	4,282
	5E				11,150	11,150	2,600	2,600
					12,201	12,201	22,596	22,596
7.	Investment	income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
						F		F
	Bank interest receivable				2,902	2,902	6,929	6,929
8.	Costs ofraising donations			and	legacies
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
						K	F	F
	Costs of raising donations		and
	legacies - Donations				29,674	29,674	165	165

Expenditure	on charitable	activities by fund type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
Training			8,843	308	9,151
Advice &Guidance			91,938		91,938
Support costs			22,286		22,286
			123,067	308	123,375
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2019
Training			23,788	463	24,251
Advice &Guidance			100,467		100,467
Support costs			53,959		53,959
			178,214	463	178,677
Expenditure	on charitable	activities by activity type
		Activities
		undertaken	Support	Total funds	Total fund
		directly	costs	2020 f	2019
Training		9,151	343	9,494	30,149
Advice &Guidance		91,938	3,651	95,589	125,696
Governance	costs		18,292	18,292	22,832
		101,089	22,286	123,375	178,677

Analysis ofsuppo	rt costs
				Donations
		Advice &		and
	Training	Guidance	Governance	legacies f	Total 2020	Total 2019 f
Staff costs	336	3,587	8,708	27,559	40,190	35,811
Communications
and IT			32	127	164	848
General office						141
Finance costs			57	219	284	227
Support costs-
Accountancy,
Legal &
Professional	5	54	9,491	1,767	11,317	16,932
	343	3,652	18,288	29,672	51,955	53,959

The total staff costs and	employee	benefits for the reporting	period are analysed as	follows:
			2020	2019
Wages and salaries			62,189	80,182
Social security costs			1,671	3,625
Employer contributions	to pension	plans	934	1,361
			64,794	85,168

The average	The average	head count of	head count of	employees	employees	during	the year was 4 (2019:4).The average	number	of
full-time	equivalent		employees		during	the year	is analysed as follows:
							2020	2019
							No.	No.
Number	ofdirect charitable			staff			2		2
Administrative		Staff					2		2
							4		4

17.	Tangible fixed asset	s
			Fixtures and
			fittings	Equipment	Total
			f.
	Cost
	At 1January 2020 and 31 December 2020		413,039	65,219	478,258
	Depreciation At 1 January 2020		412,665	64,071	476,736
	Charge for the year		125	382	507
	At 31December 2020		412,790	64,453	477,243
	Carrying amount
	At 31 December 2020		249	766	1,015
	At 31 December 2019		374	1,148	1,522
18.	Debtors
				2020	2019
	Trade debtors			7,703	2,900
	Prepayments and accrued income			8,559
	Other debtors			3,000	3,000
				19,262	5,900
19.	Creditors: amounts	falling due within one year
				2020	2019
	Bank loans and overdrafts			3,004	3,004
	Trade creditors			4,735	4,657
	Accruals and deferred	income		20,280	12,960
	Social security and other taxes			668	1,906
	Other creditors			18,559	9,200
				47,246	31,727

								At
				At			31	December
				1 January 2020	Income	Expenditure		2020
					f.			K
General funds				1,052,087	57,139	(152,741)		956,485
Designated	Fund	1 - Building	Fund	1,200,000				1,200,000
				2,252,087	57,139	(152,741)		2,156,485
								At
				At			31	December
				1 January 2019 F	Income f	Expenditure		2019
General funds				1,200,876	29,590	(178,379)		1,052,087
Designated	Fund	1 - Building	Fund	1,200,000				1,200,000
				2,400,876	29,590	(178,379)		2,252,087

													At
									At			31	December
							1	January	2020	Income	Expenditure		2020
									E				E
Restricted	Fund	1	-	Fixtures,	Fittings	&
Equipment									1,626		(308)		1,318
													At
									At			31	December
							1	January	2019	Income	Expenditure f		2019
Restricted	Fund	1	-	Fixtures,	Fittings	8
Equipment									2,089		(463)		1,626

22.	Analysis ofnet assets betwe	en funds
					Unrestricted		Restricted	Total Funds
						Funds	Funds	2020
						F
	Tangible fixed assets					396	618	1,014
	Current assets				2,156,088		701	2,156,789
	Net assets				2,156,484		1,319	2,157,803
					Unrestricted		Restricted	Total Funds
						Funds	Funds	2019
							F
	Tangible fixed assets					597	925	1,522
	Current assets				2,251,490		701	2,252,191
	Net assets				2,252,087		1,626	2,253,713
23.	Financial instruments
	The carrying amount for each category offinancial			instrument		is as follows
							2020	2019
	Financial assets that are debt instruments		measured		at amortised		cost
	Trade Debtors						7,703	2,901
	Other Debtors						3,000	3,000
	Cash at Bank and in hand						2,184,772	2,278,017
							2,195,475	2,283,918
	Financial liabilities measured	at amortised	cost
	Bank loans and overdrafts						3,005	3,004
	Trade Creditors						4,734	4,656
	Other Creditors						1,379	1,396
	Accruals						37,460	20,764
							46,578	29,820