| Auditors: | Myrus Smith |
|---|---|
| Chartered Accountants |
|
| Statutory Auditors | |
| 8 Burnell Road | |
| Sutton | |
| Surrey SM1 4BW | |
| Bankers | CAF Bank Ltd |
| PO Box289 | |
| West Mailing | |
| Kent ME194TA | |
| Solicitors | WGS Solicitors |
| 133Praed Street | |
| London W2 1RN |
| Sobus Statement offinancial For the year ended 31 |
activities March 2021 |
|||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Note | 6 | 6 | 6 | |||
| Income from: | ||||||
| Donations and legacies |
19,906 | 130,000 | 149,906 | 110,000 | ||
| Charitable activities |
26,000 | 26,000 | 35,000 | |||
| Other trading activities |
194,962 | 194,962 | 326,555 | |||
| Investment income |
15 | 15 | 78 | |||
| Total income | 214,883 | 156,000 | 370,883 | 471,633 | ||
| Expenditure on: |
||||||
| Charitable activities |
172,409 | 172,409 | 132,116 | |||
| Other trading activities |
259,330 | 259,330 | 329,363 | |||
| Total expenditure | 7 | 259,330 | 172,409 | 431,739 | 461,479 | |
| Net income I (expenditure) | for the year | 8 | (44,447) | (16,409) | (60,856) | 10,154 |
| Net movement in funds |
(44,447) | (16,409) | (60,856) | 10,154 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 15 | 1,567,961 | 19,210 | 1,587,171 | 1,577,017 | |
| Total funds carried forward | 15 | 1,523,514 | 2,801 | 1,526,315 | 1,587,171 |
| 2021 | 2021 | 2020 | 2020 | |||
|---|---|---|---|---|---|---|
| Nots | 6 | 6 | ||||
| Fixed assets: | ||||||
| Tangible assets | 1,530,384 | 1,543,277 | ||||
| Current assets: | ||||||
| Debtors | 12 | 32,288 | 83,114 | |||
| Cash at bank and | in hand | 35,259 | 21,887 | |||
| 67,547 | 105,001 | |||||
| Llabiilties: | ||||||
| Creditors: amounts | falling due within one year | 13 | (71,616) | (61,107) | ||
| Net current assets I(liabilities) | (4,069) | 43,894 | ||||
| Total net assets I(liabilities) | 14 | 1,526,315 | 1,587,171 | |||
| Funds | ||||||
| Restricted funds | 2,801 | 19,210 | ||||
| Unrestricted funds: |
||||||
| General funds | (6,870) | 24,584 | ||||
| Other Funds - | Building | 1,530,384 | 1,543,277 | |||
| Total unrestricted | funds | 1,523,514 | 1,567,961 | |||
| Total funds | 11526,315 | 1,587,171 |
| 2 | Detailed comparatives | for the statement | offinancial activities | offinancial activities | ||
|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | ||||
| Unrestricted | Restricted | Total | ||||
| F | f | |||||
| Income from: | ||||||
| Donations and legacies |
110,000 | 110,000 | ||||
| Charitable activities |
35,000 | 35,000 | ||||
| Other charitable activities |
325,555 | 326,555 | ||||
| Investments | 78 | 78 | ||||
| Total income | 326,633 | 145,000 | 471,633 | |||
| Expenditure on: |
||||||
| Charitable activities |
132,116 | 132,116 | ||||
| Other charitable activities |
329,363 | 329,363 | ||||
| Total expenditure | 329,363 | 132,116 | 461,479 | |||
| Net income Iexpenditure | (2,730) | 12,884 | 10,154 | |||
| Transfers between funds |
||||||
| Net movement in funds |
(2,730) | 12,884 | 10,154 | |||
| Total funds brought forward |
1,570,691 | 6,326 | 1,577,017 | |||
| Total funds carried forward | 1,567,961 | 19,210 | 1,587,171 | |||
| 3 | Income from donations | and legacies | ||||
| 2021 | 2020 | |||||
| Unrestdcted | Restricted | Total | Total | |||
| F | f | f | F | |||
| Donations and grants |
19,906 | 130,000 | 149,906 | 110,000 | ||
| 19,906 | 130,000 | 149,906 | 110,000 |
| Income from | charita | ble act |
ivit | ies | ||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| Building Capacity | f | f | F | |||||
| CCG | 20,000 | 20,000 | 15,000 | |||||
| West London | Health | Partnership | Limited | 6,000 | 6,000 | 10,000 | ||
| Comoodle | 10,000 | |||||||
| ICP | ||||||||
| Total for Building Capacity | 26,000 | 26,000 | 35,000 | |||||
| Total income | from | charitable | activities | 26,000 | 26,000 | 35,000 | ||
| Income from | other | trading | activities | |||||
| 2021 | 2020 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| f | f | F | ||||||
| Licensees | 140,507 | 140,507 | 198,840 | |||||
| Room hire and other | office services | 14,455 | 14,455 | 87,715 | ||||
| North End Road rental | 40,000 | 40,000 | 40,000 | |||||
| 194,962 | 194962 | 326 555 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted f |
Restricted | Totalf | Total f |
||
| Bank | interest | 15 | 15 | 78 | |
| 15 | 15 | 78 |
| Analysis ofexpenditure Current year |
|||||
|---|---|---|---|---|---|
| Other | |||||
| Charitable | trading | Support | 2021 | 2020 | |
| Activitiesf | activitiesf | costsf | Totalf | Totalf | |
| Staff costs | 81,833 | 94,588 | 78,495 | 254,916 | 280,348 |
| Other staff cost | 294 | 294 | 1,983 | ||
| Project delivery costs | 17,000 | 400 | 17,400 | 7,849 | |
| Premises costs | 54,100 | 12,886 | 66,986 | 84,784 | |
| Marketing &Promotion |
4,505 | 2,154 | 6,659 | 6,116 | |
| Office &Admin | 46,969 | 35,765 | 82,734 | 76,481 | |
| Governance cost - Audit fee |
2,750 | 2,750 | 3,917 | ||
| 103,338 | 195,657 | 132,744 | 431,739 | 461,479 | |
| Support costs | 69,071 | 63,673 | (132,744) | ||
| Total expenditure | 172,409 | 259,330 | 431,739 | 461,479 |
| Analysis ofexpenditure |
|---|
| Prior year |
| Analysis ofexpenditure Prior year |
|||||
|---|---|---|---|---|---|
| Other | |||||
| Chantable | trading | Support | 2020 | 2019 | |
| Activities | activitiesf | costs | Totalf | Totalf | |
| Staff costs | 78,245 | 105,456 | 96,648 | 280,348 | 273,274 |
| Other staff cost | 1,983 | 1,983 | 2,667 | ||
| Project delivery costs | 7,699 | 150 | 7,849 | 67,515 | |
| Premises costs | 64,723 | 20,061 | 84,784 | 99,034 | |
| Marketing & Promotion |
3,759 | 211 | 2,146 | 6,116 | 9,229 |
| Office &Admin | 60 | 51,530 | 24,892 | 76,481 | 79,704 |
| Governance cost —Audit fee |
3,917 | 3,917 | 3,833 | ||
| 89,762 | 221,920 | 149,796 | 461,479 | 535,257 | |
| Support costs | 42,353 | 107,443 | (149,796) | ||
| Total expenditure | 132,116 | 329,363 | 461,479 | 535,257 |
| 8 | Net income I(expenditure) | Net income I(expenditure) | for the year | for the year | |||
|---|---|---|---|---|---|---|---|
| This is stated after charging | I(crediting): | 2021 | 2020 | ||||
| E | |||||||
| Depreciation | 12,893 | 16,063 | |||||
| Auditors remuneration: |
|||||||
| Audit fees | 2,750 | 3,825 | |||||
| 9 | Analysis ofstaff costs, | trustee | remuneration | and expenses, | |||
| and costofkey management personnel |
|||||||
| Staffcosts were as follows: | 2021 | 2020 | |||||
| E | |||||||
| Salaries and wages | 226,504 | 250,380 | |||||
| Social security costs | 16,509 | 18,404 | |||||
| Employer's contribution |
to defined | contribution | pension schemes | 11,903 | 11,565 | ||
| 254,916 | 280,348 |
| 2021 | 2020 |
|---|---|
| No. | No. |
| 10 | 12 |
| 10 | 12 |
| 11 | Tangible fixed assets | Freehold | Fixtures | Computer | |
|---|---|---|---|---|---|
| property f |
and fittings | equipment E |
Total 6 |
||
| Cost or Fair Value | |||||
| At the start ofthe year | 2,602,000 | 94,301 | 54,444 | 2,750,745 | |
| Additions in year |
|||||
| At the end ofthe year | 2,602,000 | 94,301 | 54,444 | 2,750,745 | |
| Depreciation and impairment |
|||||
| At the start ofthe year | 1,077,000 | 77,930 | 52,538 | 1,207,468 | |
| Charge for the year | 11,763 | 1,130 | 12,893 | ||
| At the end ofthe year | 1,077,000 | 89,693 | 53,668 | 1,220,361 | |
| Net book value | |||||
| Atthe end ofthe year | 1,525,000 | 4,608 | 776 | 1,530,384 | |
| At the start ofthe year | 1,525,000 | 16,371 | 1,906 | 1,543,277 |
| Debtors | |||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| 6 | F | ||||||
| Trade debtors | 20,968 | 72,964 | |||||
| Other debtors | 445 | ||||||
| Prepayments | 11,320 | 9,705 | |||||
| 32,288 | 83114 | ||||||
| Creditors: amounts | falling | due within one year | |||||
| 2021 | 2020f | ||||||
| Trade creditors | 17,814 | 6,388 | |||||
| Taxation | and social | security | 6,016 | 7,372 | |||
| Other creditors | 2,655 | 7,688 | |||||
| Accruals | 15,950 | 17,025 | |||||
| Deferred | income | 29,181 | 22,634 | ||||
| 71,616 | 61,107 | ||||||
| Deferred | income | 2021f | 2020 | ||||
| Balance | at the beginning | of | the year | 22,634 | |||
| Amount | deferred | in | the year | 29,181 | 22,634 | ||
| Amount | released | to | income | in the year | (22,634) | ||
| Balance | at the end | ofthe year | 29,181 | 22,634 |
| 14 | Analysis ofnet assets between | funds | |||||
|---|---|---|---|---|---|---|---|
| Current year | General | Total | |||||
| unrestrictedf | Designated f |
Restricted f |
fundsf | ||||
| Tangible fixed assets | 1,530,384 | 1,530,384 | |||||
| Net current assets | (5,870) | 2,801 | (4,059) | ||||
| Net assets at the end ofthe year | 1,523,514 | 2,801 | 1,526,315 | ||||
| Prior year | General | Total | |||||
| unrestrictedf | Designatedf | Restrictedf | fundsf | ||||
| Tangible fixed assets | 1,543,277 | 1,543,277 | |||||
| Net current assets | 24,684 | 19,210 | 43,894 | ||||
| Net assets at the end ofthe year | 1,567,961 | 19,210 | 1,587,171 | ||||
| 15 | Movements in funds |
At the | At the | ||||
| Current year | start of | end of | |||||
| Restricted funds: | the yearf | Income f |
Expenditure f |
Transfers | the yearf | ||
| LBHF 3rd Sector Investment Fund |
110,000 | 110,000 | |||||
| Hammersmith United Charities |
8,750 | 8,750 | |||||
| Dr Edwards & Bishop Kings |
3,333 | 3,333 | |||||
| Comoodle | 801 | 801 | |||||
| CCG | 6,326 | 20,000 | 26,326 | ||||
| London Community Response Fund |
20,000 | 20,000 | |||||
| West London Health Partnership |
Limited | 6,000 | 4,000 | 2,000 | |||
| Total restdicted funds | 19,210 | 156,000 | 172,409 | 2,801 | |||
| Unrestricted funds |
|||||||
| Other Funds - Building | 1,543,277 | 12,893 | 1,530,384 | ||||
| General funds | 24,684 | 214,883 | 246,437 | (5,870) | |||
| Total unrestricted funds |
1,567,961 | 214,883 | 259,330 | 1,523,514 | |||
| Total funds | 1,587,171 | 370,883 | 431,739 | 1,526,315 | |||
| Prior year | At the | ||||||
| start of | Atthe end | ||||||
| the yearf | Incomef | Expendituref | Transfersf | ofthe yearf | |||
| Restricted funds: | |||||||
| LBHF 3rd Sector Investment Fund |
110,000 | 110,000 | |||||
| Hammersmith United Charities |
15,000 | 6,250 | 8,750 | ||||
| Dr Edwards & Bishop Kings |
10,000 | 6,667 | 3,333 | ||||
| Comoodle | 10,000 | 9,199 | 801 | ||||
| CCG | 6,326 | 6,326 | |||||
| Total restricted funds |
6,326 | 145,000 | 132,116 | 19,210 | |||
| Unrestricted funds |
|||||||
| General funds | 1,570,691 | 326,633 | 329,363 | 1,567,961 | |||
| Total unrestricted funds |
1,570,691 | 326,633 | 329,363 | 1,567,961 | |||
| Total funds | 1,577,017 | 471,633 | 461,479 | 1,587,171 |