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2021-03-31-accounts

CONTENTS
Page
Directors'
and Trustees'		 Report 2 —10
Independent
Auditor's		 Report 11 —12
Statement of Financial Activities 13
Balance Sheet 14
Statement ofCash Flows 15
Notes to the Accounts 16 —25

Senior Management
Tea		 m m
Mr Gerald O'Shaughnessy - Director IChief Executive Officer
Mr Kuddus
Miah		 - Finance Manager
Ms Cathy Cocklin -Admin
&Facilities Manager
Mrs Naima Boukhriss -Children's
Services Manager
Mr Graham
Smithers		 -Job, Enterprise
&Training		 Manager
Ms Belinda Foster -Autistic Service Manager
Ms Sue Burlo - Day Services Manager

UNRESTRICTED FUNDS UNRESTRICTED FUNDS
General Designated Restricted
Notes Funds Funds Funds 2021 2020
8 6 6
Income
Donations
and legacies		 2 5,108 556,258 561,366 28,902
Income from charitable
activities		 4 3,385,184 35,657 3,420,841 3,751,238
Investment
income		 5 260 260 1,269
Other income 153
Total incoming
resources		 3,390,552 591,915 3,982,467 3,781,562
Expenditure
Cost of raising funds 6 7,589 7,589 8,045
Expenditure
on charitable		 activities 6 2,477,073 591,915 3,068,988 3,632,015
Total Expenditure 2 464 662 591,915 3,076,577 3,640,060
Net income/(expenditure) 8 net
movement
in funds before transfers		 905,890 905,890 141,502
Transfer offunds 17 (300,000) 300,000
Net income/(expenditure) & net
movement
in funds after		 transfers 605,890 300,000 905,890 141,502
Total funds, brought
forward		 1,250,912 700,000 1,950,912 1,809,410
Total funds, carried forward

Notes 2021 2020
2 2
Fixed assets
Tangible assets 1,594,369 1,669,586
Current assets
Stock 532
Debtors 12 265,514 619,168
Cash at bank and in hand 1,953,526 638,137
2,219,040 1,257,837
Liabilities
Creditors falling due with in one year 13 (234,337) (212,325)
Net current assets 1,984,704 1,045,512
Creditors
falling due after		 more than one year 14 (722,271) (764,186)
Net assets 2,856,802 1,950,912
The funds ofthe charity
Unrestricted
funds:
General 17 1,856,802 1,250,912
Designated 16 1,000,000 700,000
Restricted
funds		 17
Total charity funds 2,856,802 1,950,912

Notes 2021 2020f
Cash used in operating
activities		 19 1,383,385 11,057
Cash flows from investing
activities
Interest income 260 1,269
Purchase oftangible
fixed assets		 (26,340) (100,871)
Proceeds from the sale ofequipment 233
Cash provided
by I (used in) investing		 activities 26 080 99369
Cash flows from financing
activities
Repayment
of borrowing		 (41,915) (55,957)
Cash used in financing
activities		 41 915 55,957
Increase
/ (decrease)
in cash &cash equivalents		 in the year 1,315,389 166,383
Cash 8 cash equivalents
at the beginning		 ofthe year 638,137 804,520
Total cash &cash equivalents
at the end ofthe year		 1,953,526 638,137

DONATION S
AND		 LEGACIES
Unrestricted Restricted
Funds Funds 2021 2020
6 6 6
Donations and gifts 5,108 5,108 818
The Cedar Centre 2,084
Government furlough grant 529,630 529,630
Government Covid grant 2,628 2,628
Ratcliff Educational Foundation 24,000 24,000 26,000
5,108 556,258 561,366 28,902

INCOME FROM CH ARITABLE ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2021 2020
8 8 8 8
New Dawn
City of London 40,200 40,200 40,034
London
Borough ofTower Hamlets		 783,797 783,797 896,570
London Borough of Hackney 29,715 29,715 5,238
Job Centre (DWP Access to work) 1,875
NHS Tower Hamlets CCG 79,337 79,337 54,327
933049 933,049 998 044
Children's
Sevices
City of London 720 720 1,427
London
Borough ofTower Hamlets		 283,908 283,908 412,464
284 628 284,6 413,891
Youth 6Leisure Services
London Borough ofTower Hamlets 52,500 52,500 50,000
52 500 52 500 50000
Job, Enrerprice and Training
Big Lottery Fund (ESF Building Better Opportunities Grant) 34,433 34,433 26,377
City of London 3,465 3,465
London Borough ofTower Hamlets 669,203 669,203 591,345
NHS Tower Hamlets 38,220 38,220 38,220
Leonard Cheshire
Disability		 1,224 1,224 11,741
Educational
Institutions
(Transition		 to Employment
Programmes 247,733 247,733 309,513
Cafe takings 44,898
Other income 570
958622 35657 994,279 1,022684
First Start
London Borough ofHackney 61,231 61,231 61,230
London Borough ofTower Hamlets 527,809 527,809 640,301
NHS Tower Hamlets CCG 76,522 76,522 76,767
665,562 665,562 778 298
Community
Outreach
London Borough ofTower Hamlets 11,539
11 539
Supported
Living
City of London 150,715 150,715 144,078
London Borough ofTower Hamlets 259,330 259,330 263,897
Rental income 68,629 68,629 68,828
Miscellaneous
income		 12,150 12,150
490,823 490823 476803
3,385,184 35,657 3,420,841 3,751,239

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The Charity
initially
identifies		 The Charity
initially
identifies		 the costs of its support
functions.		 the costs of its support
functions.		 the costs of its support
functions.		 It then identifies identifies those costs those costs which relate to the
governance
function.
Governance		 costs and other support
costs		 are apportioned separately between
the key
activities
undertaken
(see		 note 6) in the year. All the general support and governance costs have
been
apportioned
to the various		 charitable activities on the basis ofusage by each activity.
General Governance Total Total
Support
6		 Function 2021
6		 2020f
Staff salary costs 445,804 6,341 452,145 445,859
Premises and equipment
costs		 109,850 546 110,396 139,846
Communication
costs		 34,221 200 34,421 37,963
Transport
and travel costs		 5,246 5,246 12,376
Staff and volunteer
costs		 1,419 1,419 20,187
Legal and professional
expenses		 480 480 4,380
Insurance 2,786 6,556 9,342 8,454
Bank charges and interest 33,614 33,614 22,198
Depreciation 101,558 101,558 103,352
Membership
and Subscriptions		 1,348 1,348 843
General expenses 507 507 702
Meeting expenses 216 216 203
Audit fees 8,160 8,160 8,160
736,833 22, ~Ill 758,852 854 523
OPERATING SURPLUS
Operating
surplus
is shown		 after charging: 2021 2020
E E
Depreciation
oftangible
fixed assets		 38,894 47,222
Amortisation
of leasehold
premises		 30,953 24,419
Amortisation
offreehold
premises		 31,711 31,711
Operating
lease rentals —land		 and buildings 148,138 141,178
Auditors'
remuneration		 8,160 8,160

holiday scheme s
during
th		 e period was as follo ws:
~N. fE
Department
(Full-time)		 2021 2020
Director 1 1
Admin
& Finance		 8 9
IT 8 Maintenance 4 4
Job, Enterprise
&Training		 20 22
Youth & Leisure Services 1 1
Children's Services 18 25
New Dawn Day Services 25 36
First Start Day Services 18 24
Supported Living 7 7
Community Cafe (Ocean View) 1 1
Community Cafe (Haggerston Perk) 1
Total 103 131
TANGIBLE FIXEDASSETS
2021 2020
NET BOOK VALUES 6
Freehold premises 1,390,734 1,422,445
Long leasehold premises 147,997 142,019
Short leasehold premises 16,429
Kitchen &other equipment 20,311 38,922
Fixtures and fittings 14,464 21,954
Motor vehicles 20,863 27,818
1,594,369 1,669,587
MOVEMENTS IN YEAR
Cost or valuation Opening Closing
Balances Additions Disposals Balances
8 6 6
Freehold
premises		 1,585,551 1,585,551
Long leasehold premises 787,705 14,900 802,605
Short leasehold
Kitchen &other		 premises
equipment		 167,645
359,697		 5,602
2,758		 173,247
362,455
Fixtures and fittings 155,789 3,080 158,869
Motor vehicles 151,375 151,375
3,207,762 26,340 3,234,102
Depreciation Opening Charge Closing
Balances
6		 ForYear
6		 Disposalsf Balances
6
Freehold premises 163,106 31,711 194,817
Long leasehold premises 645,686 8,922 654,608
Short leasehold premises 151,216 22,031 173,247
Kitchen
&other		 equipment 320,775 21,369 342,144
Fixtures and fittings 133,835 10,570 144,405
Motor vehicles 123,557 6,955 130,512
1,538,175 101,558 1,639,733
DEBTORS
2021 2020
E E
Trade debtors 143,019 535,338
Other debtors 6,173 10,330
Prepayments
and accrued		 income 116,322 73,500
265 514 619,168