## ## ## |||Page| |---|---|---| |Directors' and Trustees'|Report|2-11| |Independent
Auditor's|Report|12-14| |Statement ofFinancial Activities||15| |Balance Sheet||16| |Statement ofCash Flows||17| |Notes to the Accounts||18—32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||UNRESTRIC|TED FUNDS|||| |---|---|---|---|---|---|---|---|---|---| ||||||General|Designated|Restricted||| |||||Notes|Funds
5|Funds
5|Funds
f|2023
E|2022
f| |Income|||||||||| |Grants and|Donations|||2|23,547||20,000|43,547|484,707| |Income from charitable||activities||3|3,591,141||4,061|3,595,202|3,315,957| |Investment|income|||4|4,249|||4,249|214| |Otherincome||||5|||||6,433| ||||||3,618,937||24,061|3,642,998|3,807,311| |Expenditure|||||||||| |Cost of raising funds||||6|8,635|||8,635|8,014| |Expenditure|on charitable||activities|6|3,771,859||24,061|3,795,920|3,113,371| |Total Expenditure|||||3,780,495||24,061|3,804,556|3,121,385| |Net incomei(expenditure)|||& net||||||| |movement|in funds before transfers||||(161,558)|||(161,558)|685,926| |Transfer of|funds|||17|||||| |Net income/(expenditure)|||& net||||||| |movement|in funds after||transfers||(161,558)|||(161,558)|685,926| |Total funds,|brought|forward|||2,542,728|1,000,000||3,542,728|2,856,802| |Total funds,|carried forward||||2,381,170|1,000,000||3,381,170|3,542,728| ## ## ## ## |||Notes|2023||2022|| |---|---|---|---|---|---|---| |Fixed assets|||8||8|| |Tangible assets||||1,647,183||1,659,593| |Current asssba||||||| |Stock|||866|||| |Debtors
Cash at bank and|in hand|12|624,507
1,996,252||407,550
2,364,274|| |Liabilities|||2,621,625||2,771,824|| |Creditors
falling due with in one year||13|(266,857)||(219,447)|| |Nst current assets||||2,354,768||2,552,377| |Creditors
falling due after more than one year||14||(620,781)||(669,242)| |Net assets||||3,381.113||334212,3,| |Ths funds ofthe|charity|||||| |Unrestricted
funds:||||||| |General
Designated
Restricted funds||17
16
17||2,381,170
1,000,000||2,542,728
1,000,000| |Total charity funds||||3381.113||3,342. 28| ## ## ||||Notes|2023|2022| |---|---|---|---|---|---| |||||E|E| |Cash used
in operating
activities|||19|244,570|616,675| |Cash flows from investing
activities|||||| |Interest income||||4,249|214| |Purchase
oftangible
fixed assets||||(79,240)|(157,710)| |Proceeds from the sale of equipment|||||4,597| |Cash provided
by l (used in) investing|activities|||74,991|152,899| |Cash flows from financing
activities|||||| |Repayment
of borrowing||||(48,461)|(53,029)| |Cash used in financing
activities||||48,461|53,029| |Increase/(decrease)
in cash &cash equivalents||in the year||368,022|410,747| |Cash &cash equivalents
at the beginning|ofthe|year||2,364,274|1,953,527| |Total cash &cash equivalents
at the end ofthe year||||1,996,252|2,364,274| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted||| |---|---|---|---|---|---|---| ||||Funds|Funds|2023|2022| ||||6|6|8|6| |Donations
Government|and gifts
furlough|grant|23,547||23,547|6,602
252,072| |Government
Could grant
Ratcliff Educational
Foundation||||20,000|20,000|192,033
34,000| ||||23,547|20,000|43,547|484,707| ## ## ## |INCOIIIIE FROM CH|ARITABLE|ACTIVITIES|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||Funds|Funds|2023|2022| |||||E|E|E|| |New Dawn|||||||| |City of London||||40,187||40,187|40,187| |London Borough ofTower Hamlets||||562,839||562,839|621,406| |Job Centre (DWP Access to work)||||1,990||1,990|| |NHS Tower Hamlets|CCG|||82,845||82,845|98,424| |||||687,861||687,661|760,017| |Children's
Sevices|||||||| |London Borough ofTower Hamlets||||364,869||364,869|338,583| |youth 8Leisure Services||||364,869||364,869|338,583| |London Borough ofTower Hamlets||||50,000||50,000|51,042| |||||50000||50,000|51,042| |Job, Enterprice and|Training||||||| |Big Lottery Fund (ESFBuilding Better Opportunities|||Grant)||4,061|4,061|9,387| |London Borough ofTower Hamlets||||783,183||783,183|752,376| |NHS Tower Hamlets||||46,125||46,125|38,220| |Forbes Charitable
Foundation||||24,278||24,278|24,278| |Educational
Institutions|(Transition|to Employment|||||| |Programmes)||||37,023||37,023|79,345| |Cafe takings||||20,045||20,045|184| |DWP - Access to Work Claims||||22,680||22,680|| |Other income||||1,964||1,964|200| |||||935298|4,061|939,359|903,990| |First Start|||||||| |London Borough of Hackney||||61,231||61,231|61,231| |London Borough ofTower Hamlets||||523,050||523,050|511,574| |NHS Tower Hamlets
CCG||||76,278||76,278|76,522| |||||660,559||660,559|649,327| |Community
Outreach|||||||| |London Borough ofTower Hamlets||||199,733||199,733|83,405| |||||199733||199,733|83,405| |Supported
Living|||||||| |City of London||||149,950||149,950|149,950| |London Borough ofTower Hamlets||||446,248||446,248|304,006| |Rental income||||96,570||96,570|75,638| |Miscellaneous
income||||53||53|| |||||692821||692,821|529,594| |||||3,591 141|4,061|3,595,202|3,315,957| ## ## ## |||||Unrestricted||| |---|---|---|---|---|---|---| |||||Funds|2023|2022| |||||5|E|5| |Interest|on|cash|deposits|4,249|4,249|214| |||||4,249|4,249|214| ## |||Unrestricted||| |---|---|---|---|---| |||Funds|2023|2022| |||E|E|E| |Sale ofasset||||3,554| |Insurance|Claims|||2,879| |||||6,433| ||||CLI
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Ow| ## ## |ANALYSIS OF SUPPORT AND GOVENANCE CO|ANALYSIS OF SUPPORT AND GOVENANCE CO|ANALYSIS OF SUPPORT AND GOVENANCE CO|STS||||| |---|---|---|---|---|---|---|---| |The Charity
initially
identifies the costs of its support|||functions.
It|then 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 vadious
chaditable
activities on the basis ofusage by each activity.|||||||| ||||General|Governance||Total|Total| ||||Support
E|Function
E||2023f|2022
K| |Staff salary costs
Premises
and equipment
costs
Communication
costs|||492,081
136,743
45,636|6,452
175||498,533
136,743
45,811|492,158
111,373
36,667| |Transport
and travel costs
Staff and volunteer costs
Legal and professional
expenses
Insurance
Bank charges and interest
Depreciation
Membership
and Subscriptions
Project operation
Cost|||8,377
9,652
7,570
6,222
36,171
91,650
2,948
303|9,640||8,377
9,652
7,570
15,862
36,171
91,650
2,948
303|19,538
3,300
5,460
11,372
23,052
87,889
1,343| |General expenses||||747||747|545| |Meeting expenses||||595||595|546| |Audit fees||||8,568||8,568|8,160| ||||837,353|26,177||863,530|801,402| ## |OPERATING SURPLUS|OPERATING SURPLUS||| |---|---|---|---| |Operating
Surplus
is shown After Charging:||2023|2022| |Depreciation
of Tangible|fixed assets|43,602|43,946| |Amortisation
of leasehold
premises||16,337|12,232| |Amortisation
offreehold|premises|31,711|31,711| |Operating
lease rentals|- land and Buildings|148,138|146,882| |Auditors'
Remuneration|-Audit Services|7,368|6,960| |Auditors'
Remuneration|- Non Audit Services|1,200|1,200| ## ## |||2023|2022| |---|---|---|---| |||Number|Number| |f60,000
f70,000
f80,000|tof69,999
tof79,999
tof89,999|1
1
1|| ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| ||NET BOOK VALUES|||||8|8| ||Freehold premises
Long leasehold
premises
Short leasehold
premises|||||1,327,312
226,547|1,359,023
185,415| ||Kitchen 8 other equipment
Fixtures and fittings
Motor vehicles|||||46,534
9,532
37,258|59,243
6,235
49,677| |||||||1,647,183|1,659,593| ||NIOVEMENTS|IN YEAR|||||| ||Cost or valuation||Opening||||Closing| ||||Balances|Additions|Disposals|Transfers|Balances| ||||6|8|8|8|5| ||Freehold
premises
Long leasehold
premises
Short leasehold
premises||1,585,551
852,255
173,247|57,469|||1,585,551
909,724
173,247| ||Kitchen
&other equipment
Fixtures and fittings||415,625
163,789|13,369
8,402|||428,994
172,191| ||Motor vehicles||162,533||||162,533| ||||3,352,999|79,240|||3,432,240| ||Depreciation||Opening|Charge|||Closing| ||||Balances|ForYear|Disposals|Transfers|Balances| ||||8|8|8|8|8| ||Freehold premises
Long leasehold
premises
Short leasehold
premises||226,528
666,840
173,247|31,711
16,337|||258,239
683,177
173,247| ||Kitchen
& other equipment
Fixtures and fittings
Motor vehicles||356,382
157,554
112,856|23,469
7,714
12,419||2,609
(2,609)|382,460
162,659
125,275| ||||1,693,405|91,650|||1,785,057| |12.|DEBTORS||||||| ||||||2023||2022| ||||||E||| ||Trade Debtors||||449,641||271,689| ||Other Debtors||||12,440||16,395| ||Prepeyments
and accrued income||||162,426||119,464| ||||||624,507||407,548| |13.|CREDITORS: amounts
falling due within one year||||||| ||||||2023||2022| ||||||8||8| ||Mortgage
Loan
Trade Creditors
Other creditors
Taxation
&social
Accruals
Deferred
Income|security
(Note 15)|||53,929
46,890
18,451
49,654
97,933||52,115
36,375
14,950
48,802
67,205| ||||||266,857||219,447| ## ## ## |CREDIT|ORS|: amoun|ts
falling after within one year||| |---|---|---|---|---|---| |||||2023|2022| |||||6|f| |Mortgage
Loan
Less: amount
included|||in creditors due within one year|674,710
(53,929)|721,357
(52,115)| |||||620 781|669,242| ## |||||2023|2022| |---|---|---|---|---|---| ||||||6| |Balance|as at 1st|April|||52,920| |Amount|released|to income|in the year||(52,920)| |Amount|deferred|in the year|||| |Balance|as at 31st March||||| ## ## ## ## |||Balance|New|Utilised I|Balance| |---|---|---|---|---|---| |||as 01.04.22|Designations|Reahsed|as 31.03.23| |||||E|E| |Staff contingency
Development
fund
Independent
living
Transport
fund|fund
fund|250,000
200,000
250,000
300,000|||250,000
200,000
250,000
300,000| |||1,000,000|||1,000,000| ## ||||Balance|New|Utilised I|Balance| |---|---|---|---|---|---|---| ||||as 01.04.21|Designations|Realised|as 31.03.22| |||||E|E|E| |Staff contingency||fund|250,000|||250,000| |Development|fund||200,000|||200,000| |Independent
living
Transport
fund||fund|250,000|300,000||250,000
300,000| ||||700,000|300,000||1,000,000| ## ## ## ||Balance|||Balance| |---|---|---|---|---| ||at 01.04.22
6|Income
6|Expenditure|at 31.03.23
f| |Unrestricted
Funds||||| |General funds
Designated
funds (see note 16)|2,542,728
1,000,000|3,618,937
-|3,780,495
-|2,381,170
1,000,000| ||3,542,728|3618,937|3,780495|3,381,170| |Restricted Funds||||| |Job Enterprise
&Training
Rent Contributions||4,061
20,000|4,061
20,000|| ||||23TIP|| |Total funds|3,542,728|3,642,998|3,804,556|3,381,170| |FUND BALANCES —PREVIOUS YEAR||||| ||Balance|||Balance| ||at 01.04.21|Income|Expenditure|at 31.03.22| |||6||E| |Unrestricted
Funds||||| |General funds
Designated
funds (see note 16)|1,856,802
1,000,000|3,571,891
-|2,885,965
-|2,542,728
1,000,000| ||2,856802|3,571,891|2,885,965|3,542,728| |Restricted Funds||||| |Government
COVID grant
Job Enterprise
&Training||192,033
9,387|192,033
9,387|| |Rent Contributions||34,000|34,000|| |||235420|235420|| |Total funds|2,856,802|3,807,311|3,121,385|3,542,728| ## ## ## ## ## ## |ANALYSIS OF FUND|BALAN|CES BE|TW|EEN NET ASSETS||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Designated|Restricted||Total| ||||||||6|6| |Tangible fixed assets
Net current assets
Creditors due after more than||one year||1,647,183
1,354,768
(620,781)|1,000,000|||1,647,183
2,354,768
(620,781)| |||||2,381,170|1,000,000|||3,381,170| |ANALYSIS OF FUND|BALANCES BETWEEN NET ASSETS||||—PREVIOUS YEAR|||| |||||Unrestricted|Designated|Restricted||Total| |||||E|6||6|6| |Tangible fixed assets
Net current assets
Creditors due after more than||one year||1,659,593
1,552,377
(669,242)|1,000,000|||1,659,593
2,552,377
(669,242)| |||||2,542,728|1,000,000|||3,542,728| |RECONCILIATION
OF|NET MOVEMENT||IN|FUNDS TO NET CASHFLOW FROM||OPERATING|ACTIVITIES|| |||||||2023||2022| |||||||6||| |Net movement
in funds
Add back depreciation
Deduct interest income shown
Sale of Fixed Asset||in investment||activities||(161,558)
91,650
(4,249)||685,926
87,889
(214)| |Decrease
/ (increase)
Decrease
/ (increase)
Increase
/ (decrease)|in Stock
in debtors
in creditors|||||(866)
(216,957)
47,410||(142,036)
(14,890)| |Net cash used in operating
activities||||||(244,570)||616,675| ## ## |
y
according to the expiry date ofthe leases.|pg
sown eow, an|ayse| |---|---|---| ||Land 8 buildings|| ||2023|2022| ||6|| |Within one year|126,000|126,000| |Two to five years
Over five years|257,000
450,000|307,000
450,000| ||833,000|883,000| ## ## ## ## ## ## ##