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2020-12-31-accounts

Page
Trustees'
report		 1-7
Statement
ofTrustees'		 responsibilities
Independent
auditor's		 report 9 - 11
Statement offinancial activities 12-13
Balance sheet 14
Statement
ofcash flows		 15
Notes to the financial statements 16-32

Current financial year Current financial year
Unrestricted Restricted Total Total
funds funds
Notes 2020
f		 2020f 2020f 2019f
IftgumfLft3tm;
Donations
and legacies		 2 154,741 502,483 657,224 570,209
Charitable
activities		 3 292,204 292,204 192,414
Investments- bank interest 88 88 235
Total income 447,033 502,483 949,516 762,858
Raising funds 4 51,976 51,976 52,567
Charitable
activities		 5 330,082 404,735 734,817 633,254
Total resources expended 382,058 404,735 786,793 685,821
Net incoming resources before transfers 64,975 97,748 162,723 77,037
Gross transfers between funds 12,209 (12,209)
Net income for the year/
Net movement in funds 77,184 85,539 162,723 77,037
Fund balances at 1 January 2020 806,355 68,433 874,788 797,751
Fund balances at 31 December 2020 883,539 153,972 1,037,511 874,788

Prior financia l year
Unrestricted Restricted Total
funds funds
~02m; Notes 2019
6		 2019 2019
Donations
and legacies
Charitable
activities
Investments		 135,920
192,414
235		 434,289 570,209
192,414
235
Total income
328,569 434,289 762,858
Raising funds
52,567 52,567
Charitable
activities
219,355 413,899 633,254
Total resources expended 271,922 413,899 685,821
Net income for the year/
Net movement in funds
56,647 20,390 77,037
Fund balances at 1 January 2020 749,708 48,043 797,751
Fund balances at 31 December 2020 806,355 68,433 874,788

2020 2019
Notes 6 8
Fixed assets
Tangible assets 851,050 848,389
Current assets
Debtors 79,522 18,542
Cash at bank and in hand 410,454 240,996
489,975 259,538
Creditors: amounts falling due within
one year 10 (167,682) (109,121)
Net current assets 322,294 150,417
Total assets less current liabilities 1,173,344 998,806
Creditors: amounts falling due after
mors than one year (135,833) (124,018)
Net assets 1,037,511 874,788
Income funds
Restricted funds 15 153,972 68,433
gmaatrigted~ud8
Designated
funds		 16 761,050 758,389
General unrestricted funds 122,489 47,966
883,539 806,355
1,037,511 874,788

2020 2019
Notes 6
Cash flows from operating activities
Cash generated
from operations		 21 179,483 170,069
Investing
activities
Purchase oftangible fixed assets (12,209) (25,473)
Interest received 88 235
Net cash used in investing activities (12,121) (25,238)
Financing
activities
Proceeds ofnew bank loans 50,000
Repayment
of bank loans		 (47,904) (10,403)
Net cash generated
from/(used		 in)
financing
activities		 2,096 (10,403)
Net increase
in cash and cash equivalents		 169,458 134,428
Cash and cash equivalents
at		 beginning ofyear 240,996 106,568
Cash and cash equivalents at end of year 410,454 240,996

Total Total
2020 2019
6 6
Donations and gifts 43,058 61,028
Grants towards ongoing operations 609,633 518,439
Less: deferred income (10,000) (39,050)
Other 14,533 29,792
657,224 570,209

Total Total
2020
6		 2019f
Grants receivable for core activities
Allchurches
Trust		 5,000
Bernard Sunley Foundation 25,000
Cicely Northcote 14,600 10,000
Charles
Hayward
Foundation		 25,000 25,000
CRASH 10,602
Croydon
Relief in Need		 10,000
Drapers' Charitable
Funds		 20,000 20,000
Hinchley
Charitable
Trust		 30,000
Lloyds Bank Foundation 25,000 25,000
Sir Jeremiah
Colman
Gift Trust		 5,000
Tars Getty Foundation 5,000
The 29th May 1961Charitable Trust 5,000 5,000
The Chris Taylor Family Trust 5,000
The Clothworkers'
Foundation		 20,000
The Global Fund for Forgotten People 113,068 137,885
The Edward Gostling
Foundation		 5,000
The Henry Smith Charity 58,100 86,750
The Leathersellers'
Company		 Charitable Fund 15,000
The London Community
Response		 Fund 74,963
The Merchant
Taylors'
Livery and		 Freemen Fund 9,900 10,000
The Jerusalem
Trust		 40,000 40,000
The Albert Hunt Trust 5,000
The Garfield Weston Foundation 30,000
The Mabs Mardulyn
Charitable		 Foundation 10,000
The Mackie Foundation 30,000
The Tangley Trust 30,000
The Swire Charitable
Trust		 9,800
The Souter Charitable
Trust		 5,000
The Worshipful
Company
of Mercers		 20,000 20,000
The Worshipful
Company
ofVintners		 10,000 5,000
The Tony and Sheeiagh
Williams		 Charitable Foundation 10,000
Repayment
of unused
grants		 (20,000)
Other L3,000 and below 33,400 49,004
609,633 518,439

Supported Supported
housing housing
income income
2020f 2019
6
Housing benefit and other rental income 292,204 192,414
Raising funds
2020 2019
8 8
Seeking donations, grants and legacies 5,818 9,691
Staff costs 46,158 42,686
Depreciation and impairment 190
Costs of operating fundraising events 51,976 52,587

Supported Supported
Housing Housing
Programme Programme
2020 2019
8
Staff costs
Depreciation
and impairment
Staff and volunteer
expenses,
Rent and rates
Repairs and renewals
Light and heat
Motor and travel
Residents needs
Consultancy,
clinical supervision
Subscriptions
and licences		 recruitment
and other		 and training
professional		 fees 330,665
9,548
119
76,708
125,336
24,262
568
5,497
15,281
630		 323,158
5,983
1,035
64,029
22,783
16,938
1,674
3,282
16,548
426
Cleaning
materials
Food
Special projects
Insurance
Programme
costs
Sundry costs		 and refuse disposal 3,508
1,378
10,987
15,520
2,347
332		 2,164
1,740
9,435
17,321
5,302
371
Temporary
& agency staif costs		 7,892 27,678
630,578 519,867
Share of support costs (see note 6)
Share ofgovernance
costs (see note 6)		 92,938
11,301		 101,677
11,710
734,817 633,254
Analysis
by fund
Unrestricted
funds
Restricted funds		 330,082
404,735		 219,355
413,899
734,817 633,254

6 Support costs
Support Governance 2020 2019
costs costs
6 f
Staff costs
Printing,
postage and stationery
Telephone
Staff recruitment
HR support and professional
fees
Computer expenses
Loan interest
Sundry expenses		 51,413
9,924
7,847
790
7,357
10,060
2,722
918		 51,413
9,924
7,847
790
7,357
10,060
2,722
918		 50,200
10,918
5,607
2,666
17,459
8,435
3,484
360
Training costs 1,907 1,907 2,548
Audit fees
Accountancy
Legal and professional		 5,880
2,520
2,901		 5,880
2,520
2,901		 6,240
2,070
3,400
92,938 11,301 104,239 113,387
Analysed
between
Charitable
activities		 92,938 11,301 104,239 113,387

The average monthl y
number
ofemployees
during the ye		 ar was:
2020 2019
Number Number
13 13
Employment costs 2020 2019
Wages and salaries
Social security costs
Defined contribution		 pension costs 387,188
34,253
6,795		 375,606
33,880
6,558
428,236 416,044
employers
national
i		 nsurance,
was		 860,000or mor e ware:
2020 2019
660,001-F70,000 Number Number
1 1
Tangible fixed assets
Land and
buildings		 Leasehold
improvements		 Fixtures,
fittings &		 Computers Total
equipment
Cost 6 6
At 1 January 2020
Additions		 827,600 15,845 143,400
11,680		 37,639
529		 1,024,484
12,209
At 31 December 2020 827,600 15,845 155,080 38,168 1,036,693
Depreciation
and impairment
At 1 January 2020
Depreciation
charged		 in the year 3,169
3,169		 137,696
5,164		 35,229
1,216		 176,094
9,549
At 31 December 2020 6,338 142,860 36,445 185,643
Carrying
amount
At 31 December 2020 827,600 9,507 12,220 1,723 851,050
At 31 December 2019 827,600 12,676 5,702 2,411 848,389

9 Debtors
2020 2019
Amounts
falling due within one		 year: f
Other debtors
Prepayments
and accrued income		 64,077
15,445		 5,094
13,448
79,522 18,542
10 Creditors: amounts
falling due within one year
2020 2019
Notes
Bankloans
Other taxation and social security
Deferred income
Trade creditors
Other creditors
Accruals		 12
13		 4,167
28,276
10,000
57,151
1,319
66,769		 13,886
11,192
39,050
8,595
20,000
16,398
167,682 109,121
Accruals
includes
a provision
of 653,811 for the costs of the refurbishment
of 47 Tooting
carded out at the balance sheet date, and trade creditors
includes a further 538,211. During
charity
entered
into an agreement
for the
refurbishment
with a total cost of f144,278.
provision, these accounts contain F92,002 of refurbishment
costs towards
this agreement.
It
that further
refurbishment
work will be contracted as funds allow.		 Bec Gardens
the year the
Including
the
is anticipated
1 Creditors: amounts
falling due after more than one year
2020 2019
Notes 6
Bankloans 12 45,833 34,018
Britland Charitable
Trust loan		 90,000 90,000
135,833 124,018
Loans and overdrafts
2020 2019
6 6
Bank and trust funding 140,000 137,904
Payable
within one year
Payable after one year		 4,167
135,833		 13,886
124,018

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Movement in funds
Balance at
1January 2019		 Incoming
resources		 Resources
expended1		 Balance at
January
2020		 Resources
expended		 Transfers Balance at
31December
2020
8
Property
capital fund 739,090 25,473 (6,174) 758,389 (9,549) 12,209 761,050
739,090 25,473 (6,174) 758,389 (9,549) 12,209 761,050
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21 Cash generated
from operations		 Cash generated
from operations		 2020 2019
6 6
Surplus for the year 162,723 77,037
Adjustments
for:
Investment
income recognised
in statement
offinancial
Depreciation
and impairment
oftangible fixed assets		 activities (88)
9,548		 (235)
6,173
Movements
in working
capital:
(Increase)/decrease
in debtors
Increase
in creditors
(Decrease)/increase
in deferred		 income (60,980)
97,330
(29,050)		 22,501
35,543
29,050
Cash generated
from operations		 179,483 170,069
22 Analysis ofchanges
in net funds
At 1January Cash flows At 31December
2020 2020
6 6
Cash at bank and in hand 240,996 169,458 410,454
Loans falling due within one year
Loans falling due after more than		 one year (13,886)
(34,018)		 9,719
(11,815)		 (4,167)
(45,833)
193,092 167,362 360,454