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|---|---|---|---|---|---|
|Legal and administrative||details|||1-2|
|Trustees'
report (incorporating|||directors'|report)|3-10|
|Independent
Auditor's||report||||
|Statement ofFinancial||Activities|||14|
|Balance Sheet|||||15|
|Cash Flow Statement|||||16|
|Analysis
of Net Debt|||||17|
|Notes to the financial|statements||||18-32|
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|CHIEF OFFICER|Daniel Bamford|
|---|---|
|COMPANY SECRETARY|Maisha Crush|
|REGISTERED OFFICE|40-44 Church
End|
||London|
||NW4 4JT|
|AUDITORS|Price Bailey LLP|
||24 Old Bond Street|
||London|
||W1S4AP|
|BANKERS|HSBC Bank pic|
||Coventry
District Service Centre|
||Harry Western Road|
||Binley|
||Coventry|
||CV3 2TQ|
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|||||||2022|2022||2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|||||
|||||Note|General|Designated|Restricted|Total|Total|
||||||funds|funds|funds|funds
E|fundsf|
|INCOME||||||||||
|Donations
and legacies||||3|12,065||16,107|28,172|13,918|
|Charitable
activities||||4|359,709||603,452|963,161|1,134,527|
|Investments|||||53|||53|420|
|Total income|||||371,827||619,559|991,386|1,148,865|
|EXPENDITURE||||||||||
|Charitable
activities|||||300,095|108,969|629,094|1,038,158|1,111,542|
|Total expenditure||||6|300,095|108,969|629,094|1,038,158|1,111,542|
|Transfer between|funds||||8,036|(8,036)||||
|(EXPENDITURE)IINCOME|||BEING|||||||
|NET MOVEMENT||IN FUNDS||15/16|79,768|(117,005)|(9,535)|(46,772)|37,323|
|RECONCILIATION||OF FUNDS||||||||
|Total funds brought||forward|||267,967|351,264|138,043|757,274|719,951|
|TOTAL FUNDS CARRIED|||FORWARD||347,735|234,259|128,508|710,502|757,274|
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||||2022||2021|
|---|---|---|---|---|---|
||Notes|||||
|FIXEDASSETS||||||
|Tangible
fixed assets|12||57,935||53,442|
|CURRENT ASSETS||||||
|Debtors|13|175,499||140,721||
|Cash at bank and in hand||560,364||670,516||
|TOTAL CURRENT ASSETS||735,863||811,237||
|LIABILITIES||||||
|Creditors: amounts
falling||||||
|due within one year|14|(83,296)||(107,405)||
|NET CURRENT ASSETS|||652,567||703,832|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES|||710,502||757,274|
|Restricted
income funds|15||128,508||138,043|
|Unrestricted
funds||||||
|Designated
funds|16||234,259||351,264|
|General funds|16||347,735||267,967|
|Total Unrestricted
Funds|||581,994||619,231|
|TOTAL FUNDS|||710,502||757,274|
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||||Notes|2022|2021|
|---|---|---|---|---|---|
|||||K||
|Reconciliation
of net income to|net cash flow|||||
|from operating
activities:||||||
|Net income for the reporting
period||||||
|(as per the Statement
of Financial|Activities)|||(46,772)|37,323|
|Adjustments
for:||||||
|Depreciation
charges|||12|19,339|16,288|
|Dividends,
interest and rents from|investments|||(53)|(420)|
|Decrease
/ (increase)
in debtors||||(34,778)|265,754|
|Increase
/ (decrease)
in creditors||||(24,109)|10,366|
|Net cash provided
by / (used ln)|operating|activities:||(86,373)|329,311|
|Cash flows from investing
activities:||||||
|Dividends,
interests
and rents from|investments|||53|420|
|Purchases
offixed assets|||12|(23,832)|(14,104)|
|Net cash (used In) Investing
activities:||||(23,779)|(13,684)|
|Change
in cash and cash equivalents
in||||||
|the reporting
period||||(110,152)|315,628|
|Cash and cash equivalents
at the beginning||||||
|ofthe reporting
period||||670,516|354,888|
|Cash and cash equivalents
at the end ofthe||||||
|reporting
period:||||560,364|670,516|
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||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|
||||||2021|Cash flows|2022|
||||||E|F||
|Cash|at|bank|in|hand|670,516|(110,152)|560,364|
||||||670,516|(110,152)|560,364|
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||||2022|2021|
|---|---|---|---|---|
|Local Government|contracts:||||
|Community
Advice|Service||347,552|476,821|
||||347,552|476,821|
|Grants Received:|||||
|Generalist
Advice||||77,920|
|Advice —Welfare Benefits|||276,966|261,645|
|Financial
Capability|||8,450|11,200|
|Specialist Employment
and||Immigration|216,047|245,547|
|Other Services|||114,146|61,394|
||||615,609|657,706|
|Total Charitable
Activities|||963,161|1,134,527|
|The income from charitable||activities received was 2963,161(2021:F1,134,527)|ofwhich|2347,552was|
|unrestricted
(2021:2523,259) and F615,609was restricted (2021:f611,268).|||||
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Bank interest|||||53|420|
|Investment|income of|f53(2021:8420)was attributable|to unrestricted|funds.|||
|Analysis|of Expenditure||||||
||||||Support|2022|
||||Direct||Costs|Total|
||||Costs
R||(note 7)|Costsf|
|Generalist|Advice||189,482||126,005|315,487|
|Advice Services - Welfare Benefits|||231,178||73,041|304,219|
|Financial|Capability||10,436||2,113|12,549|
|Specialist|Information,|Advice and Advocacy service|||86,628|86,628|
|Specialist|Employment|and Immigration|190,937||26,418|217,355|
|Other services|||69,356||32,564|101,920|
||||691,389||346,769|1,038,158|
||||||Support|2021|
||||Direct||Costs|Total|
||||Costs||(note 7)|Costs|
||||||R|R|
|Generalist|Advice||336,029||76,983|413,012|
|Advice Services - Welfare Benefits|||177,242||72,226|249,468|
|Financial|Capability||34,272||5,058|39,330|
|Specialist|Information,|Advice and Advocacy service|32,845||57,156|90,001|
|Specialist|Employment|and Immigration|194,076||33,769|227,845|
|Other services|||20,620||71,266|91,886|
||||795,084||316,458|1,111,542|
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|7|Analysis|ofSupport|Costs|||||
|---|---|---|---|---|---|---|---|
||||||Admin and|||
|||||Staff|Premises|Governance|Total 2022|
|||||Costs|Costs|Costs|Costsf|
||Generalist|Advice||64,685|51,995|9,325|126,005|
||Advice Services - Welfare Benefits|||35,445|35,445|2,151|73,041|
||Financial|Capability||1,037|1,013||2,113|
||Specialist|Information,||||||
||Advice and Advocacy||Service|47,908|37,268|1,452|86,628|
||Specialist|Employment|and Immigration|13,130|12,494|794|26,418|
||Other|||18,918|12,667|979|32,564|
||Total|||181,123|150,882|14,764|346,769|
||||||Admin
and|||
|||||Staff|Premises|Governance|Total 2021|
|||||Costs|Costs|Costs|Costsf|
||Generalist|Advice||38,837|31,218|6,928|76,983|
||Advice Services - Welfare Benefits|||35,049|35,050|2,127|72,226|
||Financial|Capability||2,483|2,424|151|5,058|
||Specialist|Information,||||||
||Advice and Advocacy||Service|31,609|24,589|958|57,156|
||Specialist|Employment|and Immigration|16,897|16,080|?92|33,769|
||Other|||41,404|27,720|2,142|71,266|
||Total|||166,279|137,081|13,098|316,458|
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||||2022|2021|
|---|---|---|---|---|
|Legal and|professional|fees|3,759|3,015|
|Auditor's|remuneration||9,640|8,480|
|Accountancy
and taxation services|||864|864|
|Trustees'|meeting costs||501|739|
||||14,764|13,098|
|Analysis ofstaff costs and key management|personnel||
|---|---|---|
||2022|2021|
|||R|
|Wages and salaries|698,141|695,281|
|Social security costs|59,316|59,459|
|Pension costs|13,408|13,137|
||770,865|767,877|
||2022|2021|
|---|---|---|
|Managers|||
|Other|26|26|
||32|32|
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|Net Income|||
|---|---|---|
||2022|2021|
||F||
|Net income is stated after charging:|||
|Depreciation|19,339|16,288|
|Auditor's
remuneration:|||
|-for audit services|9,640|8,480|
|-for accountancy
and taxation services|864|864|
|Operating
lease rentals|37,438|38,770|
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|Tangible Fixed Assets|||||
|---|---|---|---|---|
||||Fixtures,||
||Leasehold|Computer|Fittings and||
||Improvements|Equipment|Equipment|Total|
|COST|||||
|At 1 April 2021|92,802|183,956|82,669|359,427|
|Additions||22,323|1,509|23,832|
|As at 31 March 2022|92,802|206,279|84,178|383,259|
|DEPRECIATION|||||
|At 1 April 2021|71,103|161,817|73,065|305,985|
|Charge for year|8,541|6,857|3,941|19,339|
|As at 31 March 2022|79,644|168,674|77,006|325,324|
|NET BOOK VALUE|||||
|As at 31 March 2022|13,158|37,605|7,172|57,935|
|As at 31 March 2021|21,699|22,139|9,604|53,442|
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|13|Debtors|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Trade Debtors|||||175,499|140,721|
|||||||175,499|140,721|
|14|Creditors: Amounts||||Falling Due Within One Year|||
|||||||2022|2021|
|||||||F.|R|
||Trade Creditors|||||19,338|18,589|
||Taxation|and Social Security||||15,989|15,422|
||Accruals|and Deferred|||Income|41,943|66,053|
||Other Creditors|||||6,026|7,341|
|||||||83,296|107,405|
|14a|Deferred|income||||||
|||||||2022|2021|
|||||||R|K|
||Deferred|income|1|April||14,145|11,000|
||Amount|(released)||in|year|(14,145)|(11,000)|
||Amount|deferred|in|year|||14,145|
||||||||14,145|
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|15|Restricted funds||||||||
|---|---|---|---|---|---|---|---|---|
|||||As 1 April||||At 31 March|
|||||2021|Income|Expenditure|Transfers|2022|
||Macmillan
Cancer Research|||22,921|113,443|(120,754)||15,610|
||Access to Justice|Specialist|||||||
||Advice Scheme|||23,542||||23,542|
||Access to Justice|CJF||1,000||||1,000|
||Citizens Advice Energy Best Deal|||8,779|7,200|(12,236)||3,743|
||Trust for London||||62,750|(65,160)||(2,410)|
||Talisman
Account|||1,636||(300)||1,336|
||Home Office|||2,916|153,297|(152,195)||4,018|
||Sara Young Legacy|||8,800||||8,800|
||Big Energy Savings||Network||1,250|(313)||937|
||Smart Energy|||156||||156|
||Broadband
Grant|||1,000||||1,000|
||Thames Water|||1,950||||1,950|
||London Borough|of|Barnet Winter||||||
||Grant|||3,800||||3,800|
||Help to Claim|||46,764|163,524|(179,667)||30,621|
||Census||||4,410|(1,102)||3,308|
||Innovation
Fund||||57,197|(66,735)||(9,538)|
||LBBBarnet||||6,250|||6,250|
||Henry Smith||||28,350|(17,572)||10,778|
||Chipping
Barnet Foodbank||||16,938|(4,234)||12,704|
||Arnold
Clark||||1,000|||1,000|
||Other Restricted|Funds||14,779|3,950|(8,826)||9,903|
||TOTAL|||138,043|619,559|(629,094)||128,508|
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|Restricted funds|(continued)|(continued)||||||
|---|---|---|---|---|---|---|---|
||||As 1 April||||At 31 March|
||||2020|Income|Expenditure
f|Transfers|2021
f|
|Macmillan
Cancer||Research|37,625|108,037|(122,741)||22,921|
|Access to Justice|||42,965||(42,965)|||
|Access to Justice|Specialist|||||||
|Advice Scheme||||54,000|(30,458)||23,542|
|Access to Justice|CJF|||5,200|(4,200)||1,000|
|Citizens Advice Energy Best Deal|||15,398|5,700|(12,319)||8,779|
|Trust for London|||3,785|45,745|(49,530)|||
|Talisman
Account|||1,722||(86)||1,636|
|Home office||||145,801|(142,885)||2,916|
|Eastern European||Project||15,467|(15,467)|||
|Sara Young Legacy|||8,800||||8,800|
|Big Energy Savings||Network|1,000|5,500|(7,913)|1,413||
|Smart Energy|||156||||156|
|Broadband
Grant|||1,000||||1,000|
|Thames Water|||10,932||(8,982)||1,950|
|Covid Response||||31,483|(31,483)|||
|London Borough ofBarnet Winter||||||||
|Grant||||5,000|(1,200)||3,800|
|Good Foundation|Trust: Census|||||||
|Fund||||21,334|(21,334)|||
|Help to Claim|||19,883|153,608|(126,727)||46,764|
|Covid Equipment|Fund|||11,659|(11,659)|||
|Other Restricted Funds|||12,206|2,734|(161)||14,779|
|TOTAL|||155,472|611,268|(630,110)|1,413|138,043|
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||||Balance as||||Balance as|
|---|---|---|---|---|---|---|---|
||||at 1 April||||at 31 March|
||||2021f|Income|Expenditure|Transfers
E|2022
R|
|Designated
funds||||||||
|Staff Fund|||42,187||(18,969)|55,080|78,298|
|IT/Premises
Fund|||87,772||||87,772|
|Service Development||Fund|221,305||(90,000)|(63,116)|68,190|
|Total designated|funds||351,264||(108,969)|8,036|234,259|
|General funds|||267,967|371,827|(300,095)|8,036|347,735|
|TOTAL UNRESTRICTED|||619,231|371,827|(409,064)|8,036|581,994|
||||Balance as||||Balance as|
||||at 1 April||||at 31 March|
||||2020|Income|Expenditure|Transfers|2021|
||||f.||R|||
|Designated
funds||||||||
|Staff Fund|||18,969||(18,969)|42,187|42,187|
|IT/Premises
Fund|||37,772|||50,000|87,772|
|Service Development||Fund|155,059||(90,000)|156,246|221,305|
|Total designated|funds||211,800||(108,969)|248,433|351,264|
|General funds|||352,679|537,597|(372,463)|(249,846)|267,967|
|TOTAL UNRESTRICTED|||564,479|537,597|(481,432)|(1,413)|619,231|
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||Land and Buildings|Land and Buildings||Other||
|---|---|---|---|---|---|
||2022
f|2021
f|2022f||2021f|
|Within one year|30,420|34,920|1,824||213|
|Two to Five years||30,420|480|||
|Total|30,420|65,340|2,304||213|