2022-03-31-accounts - Real Dpo Ltd

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CONTENTS			PAGES
Trustees' Annual Report			3-31
Independent Auditors'	Report		32 - 34
Statement of Financial	Activities		35
Balance Sheet			36
Cash Flow Statement			37
Notes forming part of	the Financial	Statements	38-46

Name		Position	Date	Date
			elected	resigned
Henry Stone		Chair and Acting	02/12/2015
		Treasurer
Mahendra	Rastogi		13/05/2017
Martha Stafford			13/05/2017
John Sharp			10/05/2019	16/05/2022
Owais Niaz			19/06/2021
Gren Bingham			Co-opted
			16/02/2022

ix risks	, in terms of	residu	al risk.
Risk			Impact	Prob	Assessment and action	Residual
						risk
1.	Governance-		Medium	Medium	The board have demonstrated	Medium
	The risk ofnot				increasing confidence in their
	having good				responsibilities around an
	governance	over			understanding ofgood
	the organisation.				governance. However, there
					are still vacancies on the
					board due to be filled. There
					are plans for addressing these
					at and after the next AGM.
					Throughout the last year there
					have been a reduced number
					of board meetings, partly due
					to the challenges oforganising
					these online for a board
					comprising mostly disabled
					people, and partly because of
					pressures within the
					organisation. These have
					however been mitigated by
					additional chair's supervision.
					The Chair has been Acting
					Treasurer. This has meant
					continued focus on these
					activities but it would be better
					ifthese roles were separated.

Risk				Impact	Prob	Assessment and action	Residual
							risk
2.	Operations-			High	Medium	We have two major new	Medium
	Risk of	not				projects starting at the
	starting	up	new			moment, Accessible
	projects	well				Communications and EDP.
						Although we have our new
						Head of Programmes, who
						has been doing great work
						with the ECV team, there are
						pressures on them as a result
						ofthis new work and with the
						current CEO moving on.
3.	Finance	-	Risk of	High	High	This has been an issue which	Medium
	being overly					the board have been aware of
	dependent		on			for some Time, and historically
	current/	specific				we have been overly
	funding	sources.				dependent on some major
						contracts.
						The strategic plan set a new
						direction oftravel for the
						organisation, and the current
						review ofthe fundraising
						strategy and action plan is well
						advanced. Other new funding
						streams have been achieved
						in the last year, although still
						not enough to reduce the
						residual risk from high to
						medium. This needs to be a
						major area offocus in the next
						six months.

Risk				Impact	Prob	Assessment and action			Residual
									risk
4.	HR - Risk		of	High	Medium	The CEO and current			Medium
	significant		staff			coordinators were under
	absence or					significant pressure, but this
	pressure		on staff			has been alleviated
	due to	excessive				significantly since the
	workloads					implementation ofthe
						operational review, and the
						recruitment ofthe Head of
						Programmes, Communications
						and Marketing Coordinator,
						the Projects Administrator,		and
						now the Head ofOperations.
5.	Operational-			High	Medium	We continue to negotiate	with		Low
	Risk of	not				Tower Hamlets Council on		the
	having	an				future ofour occupancy of
	affordable					Jack Dash House. These
	building	to				negotiations have been in
	operate	from.				good faith on both sides,
						including considering the
						possibility of alternative
						accommodation. Although
						resolution ofthem is important
						it is not expected that we will
						be left "homeless". In any
						case, our long-term home
						working due to Covid has
						demonstrated that we are
						significantly less dependent		on
						a permanent office space	than
						be used to be.

Risk		Impact	Prob	Assessment and action		Residual
						risk
6.	Reputation-	Medium	Low	This is potentially complicated		Low
	Risk of			given our role both as a
	compromising			service provider and as an
	our reputation			advocate for disabled people.
	with the council.			We manage ethical walls
				between our services and	in
				the past the council has
				endorsed our processes for
				this. Controversial decisions
				are taken at board meetings
				and/or discussed with the
				chair/vice-chair. However,	as
				the proportion ofour funding
				comes from THC decreases
				this will become less ofan
				issue. We also have excellent
				operational arrangements	with
				many senior stakeholders
				within THC and its likely
				therefore that challenging
				issues can be dealt with at	an
				early stage.

			FOR	THE YEAR ENDE	D 31 MARCH	2022
				Notes	Unrestricted	Restricted	Total	Total
					Funds	Funds 6	2022	2021f
Income
Donations	and	legacies		2	40,025	19,272	59,297	28,460
Charitable	activities			3	266,016	258,852	524,868	782,200
Investments				4	30		30	38
Other					971		971	508
Total					307,042	278,124	585,166	811,206
Expenditure
Charitable	activities			5	317,048	257,998	575,046	746,120
Total					317,048	257,998	575,046	746,120
Net income/(expenditure)				9	(10,006)	20,126	10,120	65,086
Transfers between			funds	15	(200)	200
Net movement		in	funds		(10,206)	20,326	10,120	65,086
Reconciliation		of	funds
Total funds	brought		forward	15	156,106	41,508	197,614	132,528
Total funds carried forward				15	6145,900	F61,834	6207,734	6197,614

		Notes	2022	2021
FIXEDASSETS
Tangible fixed assets		12	10,369	14,343
CURRENT ASSETS
Debtors		13	104,655	163,367
Cash at bank and in	hand		189,651	173,153
			294,306	336,520
CREDITORS: Amounts	falling due
within one year		14	96,941	153,249
NET CURRENT ASSETS			197,365	183,271
NET ASSETS		16	8207,734	6197,614
Represented by:
FUNDS
Unrestricted Funds		15	145,900	156,106
Restricted Funds		15	61,834	41,508
		15	6207,734	F197,614

	FOR THE YEAR	ENDED 31 MARCH 2	022
		Notes	2022	2021
Cash flows from operating	activities
Net movement in funds			10,120	65,086
Adjustments for:
Depreciation		12	9,764	5,408
Bank interest receivable		4	(30)	(38)
Decrease in debtors			58,712	9,467
Increase / (decrease) in creditors			(56,308)	37,454
Net cash used in operating	activities		22,258	117,377
Cash flows from investing	activities
Bank interest received			30
Purchase oftangible fixed assets		12	(5,790)	(14,514)
Net cash used in investing	activities		(5,760)	(14,476)
Increase in cash			16,498	102,901
Cash brought forward			173,153	70,252
Cash carried forward			6189,651	6173,153
			2022	2021
Analysis ofcash
Cash at bank and in hand			6189,651	f173,153

INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
			6	6	6
Grants and	contracts
IAA Local Link			142,510		142,510	485,000
IAA Hate Crime			18,639		18,639	18,531
Advocacy THC			20,542		20,542
Engagement	—Local Voices		4,355		4,355	26,133
Engagement	—Public Health		58,371		58,371	15,654
Engagement	—Loneliness	& Disability	16,667		16,667
Engagement	-Communities	Driving Change				17,713
Engagement	-Other		4,932		4,932
Engagement-	LCRF					5,521
Engagement	-WTT					5,500
LCF - TCOYL				72,905	72,905	72,905
LCF —Then	& Now			135,243	135,243	135,243
SVRR				50,704	50,704
			6266,016	E258,852	f524,868	6782,200

	Of the f782,200 recogni restricted funds.	sed in 2021, 65	63,031 related to unr	estricted fund	s and E219,	169 related t
4.	INVESTMENT INCOME		Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
	Bank interest		f30	ENII	630	638
	All ofthe F38recognised	in 2021 related to unrestricted funds.
5.	EXPENDITURE ON CHARITABLE		Direct	Support	Total	Total
	ACTIVITIES		costs	costs E	2022f	2021f
	IAA Local Link		113,533	9,522	123,055	432,693
	IAA Hate Crime		15,181	4,326	19,507	24,099
	Advocacy THC		16,573	5,118	21,691
	Engagement		74,782	11,117	85,899	46,323
	LCF - TCOYL		42,935	21,139	64,074	67,831
	Engagement —LCRF					5,298
	Engagement —WTT		2,913		2,913	2,784
	LCF —Then & Now		91,529	41,565	133,094	113,736
	ATW		1,272		1,272	2,609
	Core		4,330	67,900	72,230	50,747
	SVRR		44,613	6,698	51,311
			F407,661	F167,385	E575,046	6746,120

ANALYSIS OF DIRECT	COSTS	2022	2021
		6	E
Salaries and pension		230,710	260,146
Freelance and temporary	staff	23,330	4,972
Staff costs		1,079	3,758
External meetings		1,914	250
Membership and subscriptions			2,677
Marketing		711	505
Project partner costs		145,392	286,325
Other project costs		4,525	3,105
		F407,661	F561,738
ANALYSIS OF SUPPORT COSTS		2022 F	2021f
Salaries and pension		115,527	125,597
Freelance and temporary	staff	5,197	18,081
Staff costs		1,584	3,319
Volunteers expenses		6
Membership and subscriptions		918	850
External meetings and events		150
IT support and maintenance		14,564	11,578
Insurance		1,791	'I,500
Rent		8,000	8,000
Telephone		2,325	2,637
Office expenses		397	324
HR advice		2,545	2,514
Depreciation		9,766	5,408
Bank charges		96	97
Health and safety		152	158
Governance costs (see Note 8)		4,367	4,319
		6167,385	6184,382


8.	GOVERNANCE	COSTS				2022	2021
						E	6
	Trustees' expenses		(note 11)			479	551
	Statutory Auditor's		remuneration			3,840	3,720
	Filing costs					48	48
						F4,367	F4,319
9.	NET INCOME/(EXPENDITURE)				FOR THE YEAR	2022	2021
	This is stated after		charging:
	Auditor's remuneration			- audit services - non-audit services (accountancy)		83,200 f640	63,120 f600
	Depreciation					F9,764	85,408
	Operating lease	rentais				j8,000	E8,000
10.	STAFF COSTS					2022	2021
							E
	Salaries					314,631	350,366
	Social security costs					24,006	27,227
	Pension costs					7,600	8,150
						f346,237	E385,743

TANGIBLE FIXEDASSETS	Furniture	Computer
	Fixtures and	and Office	Total
	Equipment	Equipment
	E	E
Cost;
At 1 April 2021	5,784	109,999	115,783
Additions		5,790	5,790
Disposals		(48,481)	(48,481)
At 31 March 2022	5,784	67,308	73,092
Depreciation:
At 1 April 2021	5,784	95,656	101,440
Charge for year		9,764	9,764
Eliminated on disposal		(48,481)	(48,481)
At 31 March 2022	5,784	56,939	62,723
Net Book Value:
At 31 March 2022	ENil	610,369	F10,369
At 31 March 2021	ENil	614,343	614,343

DEBTORS	2022	2021
	F	E
Trade debtors	19,554	131,681
Accrued income	77,018	23,975
Prepayments	8,013	7,684
Other debtors	70	27
	6104,655	6163,367

14.	CREDITORS:	Amounts	falling	due within	one year		2022	2021
								F
	Trade creditors						10,570	19,931
	Social security	and other	taxes				7,272	8,607
	Accrued expenses						79,099	124,711
							696,941	F153,249
15.	MOVEMENT	IN FUNDS	Balance at					Balance at
				1 April				31 March
				2021	Income	Expenditure	Transfers	2022
					F	F
	Unrestricted	funds
	General funds		156,106		307,042	(317,048)	(200)	145,900
			156,106		307,042	(317,048)	(200)	145,900
	Restricted funds
	LCF-TCOYL			5,074	72,905	(64,075)		13,904
	LCRF				18,000			18,000
	WTT			2,716		(2,913)	197
	LCF —Then & Now			21,507	135,243	(133,094)		23,656
	ILS —PHB			551		(567)	16
	ILS —SFC			11,660		(4,766)	(13)	6,881
	ATW				1,272	(1,272)
	SVRR				50,704	(51,311)		(607)
				41,508	278, 124	(257,998)	200	61,834
	Total funds		6197,614		6585,166	F(575,046)	fNil	f207,734

Comparative	information	for the movement	in funds in the	previous financ	ial year is as	follows:
		Balance at				Balance at
		1 April				31 March
		2020f	Income	Expenditure f	Transfers f	2021 f
Unrestricted	funds
General funds		120,317	589,432	(553,862)	219	156,106
		120,317	589,432	(553,862)	219	156,106
Restricted funds
LCF - TCOYL			72,905	(67,831)		5,074
LCRF			5,521	(5,298)	(223)
WTT			5,500	(2,784)		2,716
;LCF —Then & Now			135,243	(113,736)		21,507
ILS —PHB		551				551
ILS —SFC		11,660				11,660
ATW			2,605	(2,609)
		12,2'l1	221,774	(192,258)	(219)	41,508
Total funds		f.132,528	f811,206	f(746, 120)	fNil	f197,614


NET ASSETS BETWEEN FUNDS	Unrestricted	Restricted	Total
	fundsf	funds	fundsf
Fixed assets	10,369		10,369
Current assets	232,472	61,834	294,306
Current liabilities	(96,941)		(96,941)
As at 31 March 2022	f145,900	f61,834	f207,734

		Unrestricted	Restricted	Total
		fundsf	funds	fundsf
Fixed assets		14,343		14,343
Current	assets	295,012	41,508	336,520
Current	liabilities	(153,249)		(153,249)
As at 31 March 2021		6156,106	641,508	6197,614