METRO CENTRE LIMITED ANNUAL REPORT & ACCOUNTS YEAR ENDED 31ST MARCH 2022 ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||UNRESTRICTED|RESTRICTED|TOTAL|TOTAL| |---|---|---|---|---|---| |||FUNDS|FUNDS|FUNDS|FUNDS| ||Notes|2022|2022|2022|2021| |INCOME|||||| |Other Income|2|163,951||163,951|188,767| |Charitable
Activities||3,609,703|1,414,511|5,024,214|5,309,696| |Investments||417||417|1,382| |TOTAL INCOMING RESOURCES|8|3,774,071|1,414,511|5,188,582|5,499,845| |EXPENDITURE|||||| |Charitable
activities|3|3,738,976|1,436,138|5,175,114|5,448,357| |TOTAL RESOURCES EXPENDED|8|3,738,976|1,436,138|5,175,114|5,448,357| |NET INCOME
/ (EXPENDITURE)||35,095|(21,627)|13,468|51,488| |TRANSFERS BETWEEN FUNDS||(33,330)|33,330||| |NET MOVEMENT
IN FUNDS||1,765|11,703|13,468|51,488| |FUNDS BROUGHT FORWARD AT 1STAPRIL||1,279,962|(11,703)|1,268,259|1,216,771| |FUNDS CARRIED FORWARD AT 31STMARCH||1,281,727||1,281,727|1,268,259| ## ## ## |FIXEDASS&8||||||1,071,663||123,960| |---|---|---|---|---|---|---|---|---| |CLRRENT ASSETS||||||||| |Debtors||10||682,405|||722,908|| |Cash at bank & in hand||||1,211,262|||1,694,818|| |Total Current Assets||||1,893,667|||2,417,726|| |CREDITORS, AMOUNTS
FALLING
DUE WITHIN ONE YEAR||||1,105,697|||1,273,427|| |NET CURRENT ASSETS||||||787,970||1,144,299| |CREDITORS, AMOUNTS|FALLING|||||||| |DUE AFTER OhE YEAR||12||||||| |TOTAL hETASSETS||||||1,281,727|R|1,268,259| |The funds ofthe charity:||||||||| |UNRESTRICTED FLM)S
General Funds
Designated
Funds||||||1,281,727||1,229,962
50,000| |TOTAL GENRES IRICTED
RESTRICTED FLNDS|FLNDS|||||1,281,727||1,279,962
(11,703)| |TOTAL FLN3S|||||f.|1,281,727||1&268,259| |The trustees are salisfied that
Companies
Act 2006 and that
However,
an audit is required||the company
was entitled to exemption
from audit under section
members
have not required
an audit in accordance
with section
in accordance
with the Charities Act 2011.||||||477of the
476.| ## ## ## ||||2022|2021| |---|---|---|---|---| |OPERATING
ACTIVITIES||||| |Surplus for the financial year|||13,468|51,488| |Adjustments
for:||||| |Interest
receivable|||(417)|(1,382)| |Depreciation|||31,470|21,012| |Decrease/(increase)
in debtors|||40,503|(226,461)| |(Decrease)/increase
in creditors|||(174,823)|621,372| ||||(89,799)|466,029| |Interest received|||417|1,382| |Cash (used in)/generated
by|operating|activities|89,382)|467,411| |INVESTING ACTIVITIES||||| |Payments
to acquire tangible|fixed assets||(979,174)|(66,000)| |Cash used
in investing
activities|||979,174|66,000| |FINANCING
ACTIVITIES||||| |Proceeds from new loans|||585,000|| |Cash generated
by financing|activities||585,000|| |NET CASH (USED) / GENERATED
Cash (used in)/generated
by operating||activities|(89,382)|467,411| |Cash used
in investing
activities|||(979,174)|(66,000)| |Cash generated
by financing|activities||585,000|| |Net cash (used)/generated|||(483,556)|401,411| |Cash and cash equivalents
at 1 April|||1,694,818|1,293,407| |Cash and cash equivalents
at 31 March|||1,211,262|1,694,818| |Cash and cash equivalents
comprise:||||| |Cash at bank|||1,211,262|1,694,818| ## ## ## ## ## ## ## ## ## |2)|OTHER INCOME & INVESTMENTS|OTHER INCOME & INVESTMENTS|||2022|2021| |---|---|---|---|---|---|---| ||UNRESTRICTED FUNDS|||||| ||Donations
& legacies
Rental and other Income||||58,829
71,695|25,889
32,706| ||Coronavirus
Job Retention|Scheme|||33,427|107,002| ||Charity
Mergers|||||23,170| ||||||163,951|188,767| ||Investment
Income
Interest receivable||||417|1,382| |3)|CHARITABLE ACTIVITIES COSTS||Activity|Governance|Support|TOTAL| |||||||2022| ||SERVICE AREA|||||| ||HIV Prevention
and Support
Sexual & Reproductive
Health
Core Services||1,436,677
1,348,820
652,776|20,349
16,933
67,166|97,563
87,634
134,551|1,554,589
1,453,387
854,493| ||Community
Participation
Youth Services|and Engagement|713,344
143,829|9,249
1,471|60,965
10,386|783,558
155,686| ||Mental
Health 8 Well Being||342,389|4,001|27,011|373,401| ||TOTAL RESOURCES EXPENDED||4,637,835|119,169|418,110|5,175,114| |4)|GOVERNANCE
&SUPPORT COSTS||Governance||Support|| ||||||Finance 8|Human| ||||||Information|Resources 8| ||||||Technology|Communications| ||||2022||2022|2022| ||||||R|| ||Staff salaries||51,108||104,474|171,428| ||Auditor:
audit fee||3,600|||| ||Accounting
support||||4,800|| ||Legal & professional||40,252|||| ||AGM 8 trustees
meetings||2,538|||| ||Insurance||21,671|||| ||Information
Technology
Printing
Postage and Stationery
Telephony||||70,032
33,163
34,213|| ||||119,169||246,682|171,428| ## ## ## |5)|NET OPERATING SURPLUS/(DEFICIT)|NET OPERATING SURPLUS/(DEFICIT)|NET OPERATING SURPLUS/(DEFICIT)||| |---|---|---|---|---|---| ||The net surplus/(deficit)|of expenditure|over income is stated after charging:||| |||||2022|2021| ||||||P| ||Staff costs|||3,004,721|2,799,630| ||Depreciation
of equipment
8 leasehold
Audit fee||improvements|31,471
3,600|21,012
3,800| |6)|STAFF COSTS|||2022|2021| ||Staff costs for the year
Salaries|were as follows:||2,678,748|2,491,012| ||Social security costs
Pensions Costs|||247,446
78,527|230,858
77,760| |||||3,004,721|2,799,630| |||2022|2021| |---|---|---|---| |F60,001|- F70,000|2|1| |F70,001|- F80,000|1|1| |280,001|—C90,000||1| ## |DEFER|RED INCOME||| |---|---|---|---| |||2022|2021| |Balances|at the start of the year|655,738|132,779| |Additions|during the year|576,995|655,738| |Amounts|released to income|(655,738)|(132,779)| |Balance|at the end of the year|576,995|655,738| ## ## ## |8)|MOVEMENT ON FUNDS IN YEAR|||Opening
Balance
01-Apr-21|Incoming
Resources|Outgoing
Resources|Transfers
between
funds|Closing
Baktnce
31-INsr-22| |---|---|---|---|---|---|---|---|---| ||||||||8|2| ||UNRESTRICTED FUNDS|||||||| ||General
Fund|||1,229,962|3,774,071|3,738,976|16,670|1,281,727| ||DESIGNATED FUNDS|||||||| ||Metro Local Premises
Fund||||||(50,000)|| ||TOTAL UNRESTRICTED FUNDS|||1279962|3,774,071|3,738,976|33,330|1,281,727| ||RESTRICTED FUNDS
1he Peter Sowerby
Foundation:
The Increasing Access Fund
London Borough of Lambeth: Pan London
HIV Prevention
Programme
EJAF Social Impact CIC: The Social Impact Bond Service
Public Health
England
Innowrtion
Fund: My Message to You
MAC AIDS Fund UK: Emerging
Communities
London Borough of Richmond
Upon Thames: Pharmacy
screening
scheme
London Borough ofWandsworth:
Pharmacy
screening
scheme
EU Interreg 2Seas Mere Zeeen: SHIFT Outreach
project
Charlton
Athletic
Community
Trust: Young Greenwich
Training
and Support
London Youth: Getting Actin Sports grants
program
I ondon Borough of Lambeth: EIPS Youth Funding
The Jack Petchey
Foundation:
Achievement
Awards
Scheme
Royal Borough of Greenwich:
The Connecting
Communities
Alliance|||4,338|9,790
470,703
16,500
36,863
30,000
677
967
54, 191
13,174
1,500
13,000
250|9,790
470,703
20,838
30,000
677
967
87,521
13,174
1,500
13,000
200,000|33,330|| ||Gty Bridge Trust: London Community
Response
Fund
Children
In Need: Young person's
LGBTQ
Mental
Health
Royal Borough of Greenwich:
Strategic Equalities
Grant
Tackle Prostate Cancer: Research
Pilot Project
Greater London
Authority:
Young Londoners
Fund
Royal Borough of Greenwich:
Voluntary
Sector Business
Dewtlopment
Grant
Royal Borough of Greenwich;
Greenwich
Area Inwrlwtment
Network
Royal Borough of Greenwich:
METROGAVS Voluntary
Sector Support
The Safer Greenwich
Partnership
NHS Greenwich
Charitable
Funds
Charlton
Athletic
Community
Trust: Social Prescribing
Project
Community
Links Bromley: The Cornerstone
Health and Wellbeing
Project
Comic Relief: Tne Intermediary
Fund
National
Lottery Community
Fund
- COVID-19 Aftermath
Achice and Support
National
Lottery
Community
Fund: The Liw Well Partnership||Project|2,000
24,000
(42,041I|118,963
47,460
6,366
38,972
48,417
16,600
99,037
5,937
16,510
1,802
65,000
11,497
28,000|118,963
47,460
6,366
40,972
48,417
16,600
99,037
5,937
16,510
1,802
22,959
11,497
28,000||| ||TOTAL RESTRICTED FUNDS|||11,703|1,414,511|1,436,138|33,330|| ||TOTALRESTRICTED8RESTRICTED|||1,268,259|5,188 582|5,175 114||1,281,727| ## ## ## ## |9)|FIXEDASSETS|Oflice
Equipment|Vehicles|Leasehold
improvement|Freehold
Property|TOTAL| |---|---|---|---|---|---|---| ||Cost
Brought forward
Additions|85,562
26,518|66,000|35,526
3,720|948,936|187,088
979,174| |||112080|66000|39246|948936|1 166262| ||Depreciation
Brought forward
Charge for year|43,699
13,677|6,600
13,200|12,829
4,594||63,128
31,471| ||31stMarch 2022|57376|19800|17423||94599| ||Net Book Value, as at|||||| ||31stMarch 2022|54704|46200|21 823|948936|1 071 663| ||31stMarch 2021|41 863|59400|22 697||123960| ## ||||2022|2021| |---|---|---|---|---| |Grants receivable
Other debtors
& prepayments|||581,064
101,341|555,660
167,248| ||||682 405|722 908| |CREDITORS,|amounts|falling due within one year||| ||||2022|2021| |Bank Loans
Trade Creditors
Other taxation
&social security
Deferred income
Other creditors
& accruals|||7,094
17,529
59,257
576,995
444,822|18,826
62,969
655,738
535,894| ||||1 105697|1 273427| |CREDITORS, amounts||falling due after one year||| ||||2022|2021| |Bank Loans|||577,906|| ||||577,906|| ## ## ## ## ## ## ## |ALYSIS|OF FUNDS|||| |---|---|---|---|---| |||Restricted|Unrestricted|Total| |||F||| |Tangible
Fixed Assets
Net Current Assets||313,925|1,071,663
1,579,742|1,071,663
1,893,667| |Liabilities||(313,925)|(1,369,678)|(1,683,603)| |Total Net|Assets||1,281,727|1,281,727| ## |Total future
minimum
lease payments
under non-ca|ncellable
operating|leases are| |---|---|---| ||2022|2021| |Not later than one year
Later than one and not later than five years|185,785
563,702|172,746
628,834| |Later than five years||112,500| ||749,487|914,080|