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2022-03-31-accounts

Page
Trustees'
report		 1-12
Statement
ofTrustees'		 responsibilities 13
Independent
auditor's		 report 14-16
Statement
offinancial		 activities 17
Balance sheet 19
Statement
ofcash flows		 18
Notes to the financial statements 20-31

Unrestricted Restricted Total Unrestricted Resbtcted Total
funds funds funds funds
Notes 2022
F		 2022
6		 2022 2021 2021f 2021
6
IgutmtLfftm;
Donations
and legacies		 3 410,273 313,131 723,404 395,829 752,285
Charitable
activities		 5 833,267 833,267 978,320 978,320
Investments 4 37 37 1 1
Total income 1,243,577 313,131 1,556,708 1,374,150 356,456 1,730,606
EZgttg~~n:
Charitable
activities		 6 1,225,570 303,742 1,529,312 1,068,976 389,587 1,458,563
Net income for the year/
Net movement in funds 18,007 9,389 27,396 305,174 (33,131) 272,043
Fund balances at 1 April 2021 1,547,242 6,654 1,553,896 1,242,068 39,785 1,281,853
Fund balances at 31 March
2022 1,565,249 16,043 1,581,292 1,547,242 6,654 1,553,896

2022 2021
Notes 6 6 6
Cash flows from operating activities
Cash generated
from operations		 18 291,140 70,594
Investing
activities
Investment
income received		 37
Net cash generated
from investing
activities		 37
Financing
activities
Repayment
of bank loans		 (45,397) (36,015)
Net cash used
In flnancing		 activities (45,397) (36,015)
Net increase
in cash and cash equivalents		 245,780 34,580
Cash and cash equivalents at beginning ofyear 469,280 434,700
Cash and cash equivalents at end of year 715,060 469,280

2022 2021
Notes 6 6
Fixed assets
Tangible assets 1,381,016 1,422,022
Current assets
Debtors 10 116,979 239,144
Cash at bank and in hand 715,060 469,280
832,039 708,424
Creditors: amounts falling due within
one year 12 (213,757) (113,147)
Net current assets 618,282 595,277
Total assets less current liabilities 1,999,298 2,017,299
Creditors: amounts falling due after
more than one year 13 (383,006) (428,403)
Provisions for liabilities (35,000) (35,000)
Net assets 1,581,292 1,553,896
Income funds
Restricted funds 15 16,043 6,654
Unrestricted
funds		 1,565,249 1,547,242
1,581,292 1,553,896

Donations an d legacies
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022
f		 2022
f		 2022
F		 2021
F		 2021
f		 2021
F.
Donations and gifts 410,273 313,131 723,404 395,829 356,456 752,285
Donations and gifts
MHCLG 141,721 141,721 141,721 141,721
BBCChildren in Need 39,709 39,709 39,104 39,104
Big Lottery 83,185 83,185 136,805 136,805
London Community
Foundation		 6,813 6,813
Iris 68,000 68,000 58,004 58,004
MOJ Emergency funding 72,615 72,615
Other 268,552 122,237 390,789 247,295 49,928 297,223
410,273 313,131 723,404 395,829 356,456 752,285
Investments
Unrestricted Unrestricted
funds funds
2022f 2021
F
Interestre ceiv ab le 37

Young
Londonsra		 Bromley
CcuhCg		 Japanese
Outreach		 Rental
Income		 Total
2022		 Total
2021
ProJect Fund
2022 2022
2 F
Sales within charitable
activities 22,140 151,608 16,559 642,960 833,267 978,320

Young Housing Bromley Japanese Rental Total
Londoners Services and Council Outreach Income 2021
Support ProJect Fund
Sales within charitable
activities 29,568 106,703 186,192 13,900 641,957 978,320
Analysis by fund
Unrestricted funds 29,568 106,703 186,192 13,900 641,957 978,320

Charitable Charitable
Expenditure
Expenditure
2022 2021
F E
Staif costs 919,336 909,160
Depreciation and impairment 41,006 47,351
Housing
management		 and maintenance 346,089 267,986
Subcontracts 17,052 54,716
Staff Training 27,777 2,939
Staff Welfare 8,497 5,376
Recruitment 3,148 1,472
Other Housing Services 4,658 21,804
Travel and Subsistence 3,024 3,965
Advertising, Printing and Stationery 15,449 7,567
Audit Fees 4,680 4,337
Accountancy 11,699
Voluntary
Expenses		 562 111
Bank Charges and Interest 16,867 16,835
Legal &Professional 27,303 3,823
Other charitable expenditure 85,892 84,349
1,521,340 1,443,490
Bad Debt 7,972 15,073
1,529,312 1,458,563
Analysis
by		 fund
Unrestricted funds 1,225,570 1,068,976
Restricted funds 303,742 389,587
1,529,312 1,458,563

The average
monthly
number ofemployees
during the ye		 ar was:
2022 2021
Number Number
Service delivery 27 24
Management
and administation		 8 8
Total 35 32
Employment
costs		 2022f 2021f
Wages and salaries 805,574 813,322
Social security costs 80,633 70,543
Other pension costs 33,129 25,295
919,336 909,160
Tangible fix ed assets
Freehold land Plant and Fixtures and Motor vehmtes Total
and buildingsf equipmentf lltdngsf F
Cost
At 1 April 2021 1,643,274 52,107 15,087 1,715 1,712,183
At 31 March 2022 1,643,274 52,107 15,087 1,715 1,712,183
Depreciation and impairment
At 1 April 2021 222,860 50,499 15,087 1,715 290,161
Depreciation charged in the year 39,399 1,607 41,006
At 31 March 2022 262,259 52,106 15,087 1,715 331,167
Carrying
amount
At 31 March 2022 1,381,015 1 1,381,016
At 31 March 2021 1,420,414 1,608 1,422,022

10 Debtors
2022 2021
Amounts
falling due within one year.		 6 f.
Trade debtors 51,446 180,756
Other debtom 7,564 15,240
Piepayments and accrued income 57,969 43,148
116,979 239,144
11 Loans and overdrafts
2022 2021
8
Bankloans 419,022 464,419
Payable within one year 36,016 36,016
Payable after one year 383,006 428,403

12 Creditors: amounts falling due within one year
2022 2021
Notes 8 5
Bank loans 36,016 36,016
Other taxation and social security 21,829 23,106
Trade creditors 48,347 26,404
Accruals and deferred income 107,565 27,621
213,757 113,147
13 Creditors: amounts falling due after more than one year
Notes 2022 2021f
Bank loans 383,006 428,403
Provisions for liabilities 2022 2021
f.
35,000 35,000

ES TO THE FINANCIAL STATEMENTS (CONTI
THE YEAR ENDED 31MARCH 2022		 NUED)
(Continued)
Provisions for liabilities 2022 2021
At 1April 2021 and 31 March 2022 35,000
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16 Analysis ofnet assets Analysis ofnet assets between between between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
6 F 6 6
Fund balances at 31
March 2022 are
represented
by:
Tangible assets 1,381,016 1,381,016 1,422,022 1,422,022
Current assets/
(liabilities) 602,239 16,043 618,282 588,623 6,654 595,277
Long term liabilities (383,006) (383,006) (428,403) (428,403)
Provisions (35,000) (35,000) (35,000) (35,000)
1,565,249 16,043 1,581,292 1,547,242 6,654 1,553,896
17 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
18 Cash generated
from		 operations 2022f 2021
6
Surplus for the year 27,396 272,043
Adjustments
for.
Investment
income recognised
in		 statement offinancial activities (37) (1)
Depreciation
and impairment		 oftangible fixed assets 41,006 47,351
Movements
in working		 capital:
Decrease/(increase) in debtors 122,165 (79,793)
Increase/(decrease) in creditors 100,610 (169,006)
Cash generated
from		 operations 291,140 70,594
19 Analysis ofchanges in net funds
At 1April 2021 Cash tlowsAt 31 March 2022
6 6 6
Cash at bank and in hand 469,280 245,780 715,060
Loans falling due within one year (36,016) (36,016)
Loans falling due after more than one year (428,403) 45,397 (383,006)
4,861 291,177 296,038