OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Page
Directors' and Trustees' Report 2 —11
independent
Auditor's		 Report 12 —14
Statement ofFinancial Activities 15
Balance Sheet
Statement ofCash Flows 17
Notes to the Accounts 18—29

Senior Management
Tea		 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
Mr Jamie Crouch Day Services Manager —Appointed (May 22)
Ms Sue Burlo Day Service Manager-
Retired
(April 22)

UNRESTRICT ED FUNDS
General Designated Restricted
Notes Funds Funds Funds 2022 2021
K 6 6 F 5
Income
Donations
and legacies		 2 270,674 214,033 484,707 561,356
Income from charitable activities 4 3,306,570 9,387 3,315,957 3,420,841
Investment
income		 5 214 214 260
Other income 3 6,433 6,433
Total incoming
resources		 3,583,891 223,420 3,807,311 3,982,467
Expenditure
Cost of raising funds 6 8,014 8,014 7,589
Expenditure
on charitable		 activities 6 2,889,951 223,420 3,113,371 3,068,988
Total Expenditure 2,897,965 223,420 3,121,385 3,076,577
Net income/(expenditure) &net
movement
in funds before transfers		 685,926 685,926 905,890
Transfer offunds 17
Net income/(expenditure) & net
movement
in funds after		 transfers 685,926 685,926 905,890
Total funds, brought forward 1,856,802 1,000,000 2,856,802 1,950,912
Total funds, carried forward

Notes 2022 2021
Fixed assets
Tangible assets 1,659,593 1,594,369
Current assets
Stock
Debtors 12 407,550 265,514
Cash at bank and in hand 2,364,274 1,953,527
2,771,824 2,219,041
Liabilities
Creditors
falling due with		 in one year 13 (219,447) (234,337)
Net current assets 2,552,377 1,984,704
Creditors
falling due after		 more than one year 14 (669,242) (722,271)
Net assets 3,542,728 2,856,802
The funds ofthe charity
Unrestricted
funds:
General 17 2,542,728 1,856,802
Designated 16 1,000,000 1,000,000
Restricted funds 17
Total charity funds 3,542,728 2,856,802

Notes 2022 2021
6 8
Cash used in operating
activities		 19 616,675 1,383,385
Cash flows from investing
activities
Interest income 214 260
Purchase oftangible
fixed assets		 (157,710) (26,340)
Proceeds from the sale ofequipment 4,597
Cash provided
by I(used in) investing		 activities 152,899 26080
Cash flows from financing
activities
Repayment
of borrowing		 (53,029) (41,915)
Cash used in financing
activities		 53,029 41,915
Increase I(decrease)
in cash 8,cash equivalents		 in the year 410,747 1,315,390
Cash &cash equivalents
at the beginning		 ofthe year 1,953,527 638,137
Total cash &cash equivalents
at the end ofthe year		 2,364,274 1,953,527

OTHER INCOME
Unrestricted Restricted
Funds Funds 2022 2021
E 6 6
Sale ofasset 3,554 3,554
Insurance
Claims		 2,879 2,879
6,433 ~,433
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted Total Total
Funds Funds 2022 2021
8 9 6 6
New Dawn
City of I ondon 40,187 40,187 40,200
London Borough ofTower Hamlets 621,406 621,406 783,797
London Borough of Hackney 29,715
NHS Tower Hamlets CCG 98,424 98,424 79,337
78D D17 760,017 933,049
Children's
Sevices
City of London
London Borough ofTower Hamlets		 338,583 338,583 720
283,908
338583 284,628
Youth 8Leisure Services
London Borough ofTower Hamlets 51,042 51,042 52,500
51 942 51,042 52,500
Job, Enterprice and Training
Big Lottery Fund (ESF Building Better Opportunities
Grant) 9,387 9,387 34,433
City of London
London Borough ofTower Hamlets		 752,376 752,376 3,465
669,203
NHS Tower Hamlets 38,220 38,220 38,220
Forbes Charitable
Foundation		 24,278 24,278
Leonard Cheshire
Disability		 1,224
Educational
Institutions		 (Transition to Employment
Programmes) 79,345 79,345 247,733
Cafe takings 184 184
Otherincome 200 200
894,603 9,387 903,990 994,279
First Start
London Borough ofHackney 61,231 61,231 61,231
London Borough ofTower Hamlets 511,574 511,574 527,809
NHS Tower Hamlets CCG 76,522 76,522 76,522
649,327 649,327 665,562
Community
Outreach
London Borough ofTower Hamlets 83,405 83,405
83,405 83,405
Supported
Living
City of London 149,950 149,950 150,715
London Borough ofTower Hamlets 304,006 304,006 259,330
Rental income 75,638 75,638 68,629
Miscellaneous
income		 12,150
529,594 529,594 490,823
3,306,571 11387 33'15959 3,420,841

Unrestricted
Fundsf 2022f 2021f
Interest on cash deposits 214 214 260
214 214 260
o
I-		 N
O
cc		 4I COe
CO
EO
Ol		 N
I
N
N		 CO
IA
N		 IA
O
EO		 CD
O		 O
N		 Cl
CD		 ~O
Co
N
I		 ~O
Co
N
I		 Ol
O
N
Al		 EO
N
O		 N
ED
IEI
0
I		 N
CC
O
CLI		 4I Cl
N
I
N
ED		 co
lo
I
IA
EO
N		 e N 0 Eo
EO Ol N
EO
CIe
ED co
IONIAN
coe e N		 co
LEE
I
Co		 'e
Ol		 Cl0
N
Cl
0
0aa ol
C		 W LA
crl
I
N		 Cl
Lo
N		 OOEI O'LCI
CO
COI
CL
EOI
CO ECOLE
I
CIIA
r col
LODE		 Oe' CI
N
EO
NN
4L
CA 'D
C
m
C W
C Cl E Cl
CO
E
E		 0
O N
CLC
CEC		 N CD
ON		 moo
Ol
LA
CA
O
CO O		 0
Co		 N
EO		 N
CI
N
I-
0
UJ
Q		 OIzo
o
™
—„cE
JL
y)
o
Z
IIJ
O		 o
0
1		 m
m
IU		 ol
C'2
L
ELC		 ol IA
N
Co
CD		 EO
EO
LO		 co
EA		 oO
CD		 EO
C
'D
'6
N
ED
C
U
m
UJ;E		 Q0
0
C
IU		 Q
LI
Q
Z		 C CI
0
m		 IA
N		 r
r
cn
eNCD
N
EO		 I I N
CD
CO
CO
EO		 co
I		 0
D
ClDl
Cl
4
UJO
E
Z &
I-—		 I
p
I-
UJ
Q
Z		 UJ
UJX
I-
IJ!
Q
LL		 lo
C
CI'0
LJ
0Z		 C W Ol
Cl
N
N
ED
Co
CO
ED
N
CO		 EO
CO
O
co
O
CO
ED		 CB
co
CO
N
CO
IA
IA		 Al
Ol O
e co
ED ED
LA
ONED
IA Ol
CO
CO
ED
eco		 CV
CO		 Cl
KL		 LA
CO		 co
O
CI		 0
IC
IA
EO
Ol
r
CO
EO
4l
ClN
I
O
m
'D		 W CO
I		 EO
co		 Eel
C L L t L L E
L4 N
CD
CC
N
LU CI
N
LCDI-
OZ
LU0.X
LU
0
CO
CO
R
~(		 N
O
0
44
IC
m
O
m
CA		 N
N00
C
Cl
EO.
Ct
Cll
D
C
Cl
CI
m
E
Cl
0
EC
N
N 0
0 I-
8
cn CC
C C0
E'
0
Cl
ao
0 'c
0 E
E
0 o
O. O		 cc
EC
EOO
IC
0 0
m
m
Icl
C
m 0
a C
0
c O
I-
CA		 C
2		 N
CI
Dl
CJ
ccC
ICI		 ED0
NZ
Cl
2. CI0
N 0
Cl
o 0
0 C
0 C
a
EO
ao0
Co (3		 C
Cl
D
Cl
CL
X
Cl
LA
CO
N
EO
W
CI		 LA
Ol
ol

The Charity
initially
identifies		 the costs of its support the costs of its support the costs of its support functions. It then It then identifies those costs which identifies those costs which identifies those costs which identifies 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
Supportf Functionf 2022f 2021f
Staff salary costs 486,522 5,636 492,158 452,145
Premises and equipment
costs		 111,373 111,373 110,396
Communication
costs		 36,467 200 36,667 34,421
Transport
and travel costs		 19,538 19,538 5,246
Staff and volunteer costs 3,300 3,300 1,419
Legal and professional
expenses		 5,460 5,460 480
Insurance 2,636 8,736 11,372 9,342
Bank charges and interest 23,052 23,052 33,614
Depreciation 87,889 87,889 101,558
Membership
and Subscriptions		 1,343 1,343 1,348
General expenses 268 277 545 507
Meeting expenses 546 546 216
Audit fees 8,160 8,160 8,160
777,848 23,555 801,403 758,852
OPERATING SURPLUS
Operating
surplus
is shown aRer charging:		 2022 2021
Depreciation
oftangible
fixed assets		 43,946 38,894
Amortisation
ofleasehold
premises		 12,232 30,953
Amortisation
offreehold
premises		 31,711 31,711
Operating
lease rentals —land		 and buildings 146,882 148,138
Auditors'
remuneration		 8 160 8 160

oliday schemes during th e period was as foll ows:
.8¹fE
Department
(Full-time)		 2022 2021
Director 1 1
Admin
&Finance		 9 8
IT & Maintenance 4 4
Job, Enterprise
& Training		 20 20
Youth &Leisure Services 1 1
Children's Services 22 18
New Dawn Day Services 22 25
First Start Day Services 17 18
Supported Living 7 7
Community Cafe (Ocean View) 1 1
Community Cafe (Haggerston Perk)
Total 104 103
TANGIBLE FIXEDASSETS
NET BOOK VALUES 2022f 2021
E
Freehold premises 1,359,023 1,390,734
Long leasehold premises 185,415 147,997
Short leasehold premises (0)
Kitchen &other equipment 59,243 20,311
Fixtures and fittings 6,235 14,464
Motor vehicles 49,677 20,863
1,659,593 1,594,369
MOVEMENTS IN YEAR
Cost or valuation Opening Closing
Balances
E		 Additions
E		 Disposals Balancesf
Freehold premises 1,585,551 1,585,551
Long leasehold premises 802,605 49,650 852,255
Short leasehold premises 173,247 173,247
Kitchen &other equipment 362,455 53,170 415,625
Fixtures and fittings 158,869 4,920 163,789
Motor vehicles 151,375
3,234,102		 49,970
157710		 (38,812)
~38,8,12		 162,533
3,353,000
Depreciation Opening Charge Closing
Balances For Year Disposals Balances
E E E 6
Freehold premises 194,817 31,711 226,528
Long leasehold premises 654,608 12,232 666,840
Short leasehold premises 173,247 173,247
Kitchen &other equipment 342,144 14,238 356,382
Fixtures and fittings 144,405 13,149 157,554
Motor vehicles 130,512 16,559 (34,215) 112,856

2022 2021
E K
Trade Debtors 271,689 143,019
Other Debtors 16,396 6,173
Prepayments and accrued income 119,465 116,322
407,550 265,514
CREDITORS: amounts falling due within one year
2022 2021
6 E
Mortgage
Loan		 52,115 50,460
Trade Creditors 36,375 37,287
Other creditors 14,950 9,548
Taxation
&social security		 48,802 40,504
Accruals 67,205 43,618
Deferred Income (Note 15) 52,920
219,447 234,337
CREDITORS: amounts falling after within one year
2022 2021
Mortgage
Loan		 721,357 772,731
Less: amount included in creditors due within one year (52,115) (50,460)
669,242 722,271

2022 2021
8 E
Balance as at 1st April 52,920
Amount
Amount		 released
deferred		 to income
in the year		 in the year (52,920) 52,920
Balance as at 31st March 52,920

estricted
fund		 s by the Trustees for specific purposes:
Balance New Utilised I Balance
as 01.04.21 Designations Realised as 31.03.22
E K E E
Staff contingency fund 250,000 250,000
Development fund 200,000 200,000
Independent living fund 250,000 250,000
Transportfund 300,000 300,000
1,000,000 1,000,000

FUND BAL AN CES
Transfer
Balance between Balance
at01.04.21 Income Expenditure funds at 31.03.22
E E E
Unrestricted Funds
General funds 1,856,802 3,583,891 2,897,965 2,542,728
Designated funds (see note 16) 1,000,000 1,000,000
2,856,802 3,583,891 2,897,965 3,542,728
Restricted Funds
Government COVID grant 192,033 192,033
Job Enterprise &Training 9,387 9,387
Rent Contributions 22,000 22,000
223,420 223,420
Total funds 2,856,802 3,807,311 3,121,385 3,542,728

Fund balances —previous Fund balances —previous Fund balances —previous year
Transfer
Balance between Balance
at 01.04.20f Income
K		 Expenditure
6		 funds
6		 at 31.03.21
8
Unrestricted Funds
General funds 1,250,912 3,390,552 2,484,662 (300,000) 1,856,802
Designated funds (see note 16) 700,000 300,000 1,000,000
1,950,912 3,390,552 2,484,662 2,856,802
Restricted Funds
Government COVID grant 532,258 532,258
Job Enterprise 8 Training 35,657 35,657
Rent Contributions 24,000 24,000
591,915 591.915
Total funds 1,950,912 3,982,467 3076,577 2 856802

ANALYSIS OF FUND BAL ANCES B ETW EEN NET ASSET S
Unrestricted
6		 Designatedf Restrictedf Total
6
Tangible fixed assets 1,659,593 1,659,593
Net current assets 1,552,377 1,000,000 2,552,377
Creditors due after more than one year (669,242) (669,242)
2,542,728 1,000,000 3,542,728
Analysis offund balances between net assets —previous year
Unrestricted
E		 Designated
6		 Restrictedf Total
K
Tangible fixed assets 1,594,369 1,594,369
Net current assets 984,704 1,000,000 1,984,704
Creditors due after more than one year (722,271) (722,271)
1,856,802 1,000,000 2,856,802

RECONCILIATION
OF		 N ET M OVEMENT
IN F		 UNDS TO NET CASHF LOW FROM OPERATIN G ACTIVITIES
2022f 2021
E
Net movement
in funds		 685,926 905,890
Add back depreciation 87,889 101,558
Deduct interest income shown in investment activities (214) (260)
Decrease
/ (increase)		 in stock 532
Decrease
/ (increase)		 in debtors (142,036) 353,653
Increase
/ (decrease)		 in creditors (14,890) 22,012
Net cash used in operating activities 616,675 1,383,385
OPERATING LEASE COMMITMENTS
The charity has operating lease commitments as shown below. Land Sbuildings
2022 2021
E E
Within one year
Two to five years		 126,000
307,000		 126,000
383,000
Over five years 450,000 500,000
883,000 1,009,000