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|CONTENTS|CONTENTS|||
|---|---|---|---|
||References and Administrative||Details|
||Report ofthe Trustees|||
|18|Independent
Auditor's|Report||
|20|Statement ofFinancial|Activities||
|22|8alance Sheet|||
|21|Statementof
Cash, Flows|||
|24|Notes to the Financial|Statements||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Note|2023|2023|2023|2022|
|INCOME|||||||
|Donations||3|119,064||119,064|190,409|
|Income from charitable
activities|||||||
|Grants and Contracts||3|847,177|44,960|892,137|958,512|
|Cafk Mosaic|||35,830||35,830|20,729|
|Clubhouse
Model Training|||24,148||24,148|42,042|
|Other Income|||4,899||4,&99|13,012|
|Income from investments|||1,748||1,748|53|
|TOTAL INCOME|||1,032,866|44,960|1,077,826|1,224,757|
|EXPENDITURE|||||||
|Expenditure
on raising funds|||32,916||32,916|31,660|
|Expenditure
on charitable|activities||1,128,059|45,502|1,173,561|1,190,347|
|TOTAL EXPENDITURE||4|1,160,975|45,502|1,206,477|1,222,007|
|Net (expenditure)l
income|||(128,109)|(542)|(128,651)|2,750|
|Transfers
between
funds||13~878)||876|||
|NET MOVEMENT
IN FUNDS|||(128,985)||(128,651)|2,750|
|TOTAL FUNDS BROUGHT FORWARD|||523,109|10,281|533,390|530,640|
|TOTAL FUNDS CARRIED|FORWARD||394,124|10,615|404,739|533,390|
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|||||2023||2022|2022||
|---|---|---|---|---|---|---|---|---|
|Cash (used in)l provided||by|||||||
|operating
activities|||||||||
|Net movement
in funds||||(128,651)||2,750|||
|Add back depreciation|charge|||13,849||11,021|||
|Less profit on the sale|offixed assets|||||(3,500)|||
|Less interest
income||||(1,748)||(53)|||
|Decrease
in debtors||||23,352||23,604|||
|Increase/
(decrease)
in|creditors|||20,444||(113,126)|||
|Net cash (used in)|||||||||
|operating
activities|||||(72,754)|||(79,304)|
|Cash flows provided
byl||(used in)|||||||
|investing
activities|||||||||
|Interest income||||1,748||53|||
|Purchase oftangible
fixed||assets||(1,374)||(37,033)|||
|Proceeds from sale offixed assets||||||3,500|||
|Net cash provided
byl|(used in)||||||||
|investing
activities|||||374||(33,480)||
|(Decrease)
in cash and|cash||||||||
|equivalents
in the year|||||(72,380)||(112,784)||
|Cash and cash equivalents||at the|||||||
|beginning
ofthe year|||||501,356||614,140||
|Total cash and cash equivalents
the end ofthe year|||at||428,976||501,356||
|Analysis ofchanges
in|net debt||||||||
||||||Balance at||Balance at||
||||||1 April||31 March||
||||||2022|Cash flows
f|.|2023|
|Cash at bank and in hand|||||501,356|(72,380)|428,976||
||||||501,356|(72,380)|428,976||
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|. DONATIONS,
GRANTS AND|CON|T|RAC|TS|||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total|Total|
|||||Funds|Funds||Funds|Funds|
|||||2023|2023||2023|2022|
|The Stone Family Foundation||||111,503|||111,503|143,370|
|The National
Lottery Community|Fund|||||||35,559|
|Quartet
Community-
Osborne Clarke|||LLP|333|||333|3,106|
|Other donations||||5,116|||5,116|4,263|
|London Marathon||||2,112|||2,112|4, 1'/1|
|Donations||||119,064|||119,064|190,409|
|London Borough of Lambeth|||||||||
|and Lambeth
Primary Care Trust||||591,661|||591,661|592,757|
|NHS Lambeth||||177,116|||177,116|171,569|
|London Borough of Lambeth:|||||||||
|Grant re rent increase||||25,900|||25,900|18,946|
|London Borough of Lambeth: other||||||||20,000|
|NHS South East London ICB||||50,000|||50,000||
|Walcot Educational
Fund|||||12,500||12,500|25,000|
|Sir Jules Thorn Charitable
Trust||||2,500|||2,500||
|Brixion Voices: Sir Walter St John|||||30,736||30,736|30,721|
|Jack Petchey
Foundation|||||1,724||1,724|19,519|
|The Edward
Gostling
Foundation||||||||5,000|
|The Drapers'
Charitable
Fund||||||||15,000|
|Bridgepoini||||||||50,000|
|The Clothworkers
Company||||||||10,000|
|Grants and contracts||||847,177|44,960|892,137||958,512|
|Income above includes
the following||grants||from government|towards the|running|ofthe Clubhouse:||
||||||||2023|2022|
|London Borough of Lambeth|||||||||
|and Lambeth
Primary Care Trust||||||617,561||631,703|
|NHS South East London ICB|||||||50,000||
|The National
Lottery Community|Fund|||||||35,559|
|All conditions
relating to these grants|||have|been fulfilled
in the|year.||||
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|||Direct Staff|Other Direct|Support|||
|---|---|---|---|---|---|---|
|||costs|costs|costs|Total 2023|Total 2022|
|||||F|||
|Raising funds||26,616|1,476|4,824|32,916|31,660|
|Charitable|activities|689,442|359,162|124,957|1,173,561|1,190,347|
|||716,058|360,638|129,781|1,206,477|1,222,007|
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|NET MOVEMENT
IN FUNDS||||
|---|---|---|---|
|This is stated after charging:||2023|2022|
|Auditors'
remuneration
for audit (including|VAT)|14,490|12,852|
|Rent of land and buildings||82,400|82,931|
|Other operating
lease payments||3,353|4,333|
|Profit on the sale offixed assets|||3,500|
|Depreciation||13,849|11,021|
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|SUPPORT COSTS||||
|---|---|---|---|
|||2023|2022|
|||E||
|Governance costs:||||
|Audit - current year||14,490|12,852|
|Audit - underaccrual|from the previous year|948||
|Staff costs||26,024|25,485|
|Board meetings|||130|
|||41,462|38,467|
|Other support costs:||||
|Staff costs||56,873|51,912|
|Financial and Legal||24,30.6|23,011|
|Consultancy
and HR||7,140|8,169|
|||129,781|121,559|
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|STAFF C|OSTS||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Salaries|||||705,390|727,959|
|Social security|||||66,864|65,698|
|Employer|pension|contributions|||26,701|25,643|
||||||798,955|819,300|
||||||2023|2022|
||||||No.|No.|
|The average headcount|||during|the year was as follows:|25.1|26.5|
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|||Fixtures 8 Fittings,|||
|---|---|---|---|---|
|||Vehicles and|Computer||
|||other equipmentf|Equipmentf|Totalf|
|Cost|||||
|At 1 April|2022|129,344|34,503|163,847|
|Additions|in the year|1,374||1,374|
|Disposals|in the year||||
|At 31 March 2023||130,718|34,503|165,221|
|Depreciation|||||
|At 1 April|2022|92,806|32,089|124,895|
|Charge for the year||11,504|2,345|13,849|
|Released|on disposal||||
|At 31 March 2023||104,310|34,434|138,744|
|Net book|value||||
|At 31 March 2023||26,40&|69|26,477|
|At 1 April|2022|38,538|2,414|38,952|
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|11.DEBTORS|||||
|---|---|---|---|---|
||||2023|2022|
|Due within one|year||f|f|
|Trade debtors|||455|34,412|
|Grants receivable|and other accrued income|||10,000|
|Pre payments|||52,669|38,005|
|Other debtors|||6,174|233|
||||59,298|82,650|
|12.CREDITORS|||||
|Due within one year|||2023f|2022|
|Expense creditors|||11,086|2,5'l6|
|Taxation and social security|||16,245||
|Deferred
income|||56,378|58,648|
|Accruals|||21,903|23,863|
|Other creditors|||4,400|4,541|
||||110,012|89,568|
|Deferred income:|||||
|Deferred
income|brought|forward|58,648|169,628|
|Released
in the year|||(58,648)|(169,628)|
|Deferred
in the year|||56,378|58,648|
|Deferred
Income|carried|forward|56,378|58,648|
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||||Brought||||Carried|
|---|---|---|---|---|---|---|---|
||||Forward|Income|Expenditure|Transfers|Forward|
||||1 April||||31 March|
||||2022||||2023|
|Designated||funds|93,946|24,148|(49,130)|(42,487)|26,477|
|General|fund||420,103|1,008,718|~(1,111,848|41,611|367,647|
||||523,109|1,032,866|(1,160,975)|(876)|394,124|
|Restricted||funds|10,281|44,960|(45,502)|876|10,615|
|TOTAL|FUNDS||533,390|1,077,826|(1,206,477)||404,739|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||2023|2023'|2023|
|Tangible|fixed assets|26,477||26,477|
|Net current assets||367,647|10,615|378,262|
|||394,124|10,615|404,739|
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|FINANCIAL INST|RU|MENT|S||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||||f|
|Financial Assets|||||||
|Cash at bank and|in|hand —held at face||value|428,976|501,356|
|Debt instruments|measured||at amortised|cost:|||
|—Trade debtors|||||455|34,412|
|- Other debtors|||||6,174|233|
|- Grants receivable||and other accrued income||||10,000|
||||||435,605|546,001|
||||||2023|2022|
|Financial
Liabilities|||||f|f|
|Measured
at amortised cost:|||||||
|-Trade creditors|||||11,086|2, 5'/6|
|- Other creditors|||||4,400|4,541|
|-Accruals|||||21,903|23,863|
||||||37,389|30,920|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|Funds|
||||2022|2022|2022|
|INCOME||||||
|Donations|||154,850|35,559|190,409|
|Income from charitable|activities|||||
|Grants and Contracts|||823,272|135,240|958,512|
|Cafd Mosaic|||20,729||20,729|
|Clubhouse
Model Training|||42,042||42,042|
|Other Income|||13,012||13,012|
|Income from investments|||53||53|
|TOTAL INCOME|||1,053,958|170,799|1,224,757|
|EXPENDITURE||||||
|Expenditure
on raising funds|||31,660||31,660|
|Expenditure
on charitable||activities|1,039,229|151,118|1,190,347|
|TOTAL EXPENDITURE|||1,070,889|151,1'/8|1,222,007|
|Net (expenditure)lincome|||(16,931)|19,681|2,750|
|Transfers between
funds|||l0,000|(10,000)||
|NET MOVEMENT IN FUNDS|||(6,931)|9,681|2,750|
|TOTAL FUNDS BROUGHT FORWARD|||530,040|600|530,640|
|TOTAL FUNDS CARRIED||FORWARD|523,109|10,28'I|533,390|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|Funds|
||||2022|2022|2022|
|||||E||
|The Stone Family Foundation|||143,370||143,370|
|The Nafional
Lottery Community||Fund||35,559|35,559|
|Quartet Community-
Osborne|Clarke LLP||3, '/06||3,106|
|Other donations|||4,263||4,263|
|London Marathon|||4,111||4, '/11|
|Donations|||154,850|35,559|190,409|
|London Borough ofLambeth||||||
|and Lambeth'Primary
Care|Trusf||592,757||592,757|
|NHS Lambeth|||171,569||171,569|
|London Borough ofLambeth:||||||
|Grant re rent increase|||18,946||18,946|
|London Borough ofLambeth:|other||20,000||20,000|
|Walcot Educational
Fund||||25,000|25,000|
|Brixton Voices: Sir Walter SfJohn||||30,721|30,T21|
|Jack Pefchey Foundation||||19,519|19,519|
|The Edward Gostling Foundation|||5,000||5,000|
|The Drapers' Charitable
Fund|||15,000||15,000|
|Bridgepoint||||50,000|50,000|
|The Clothworkers
Company||||10,000|10,000|
|Grants and contracts|||823,272|135,240|958,512|
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|||Direct Staff|Other Direct|Support||
|---|---|---|---|---|---|
|||costs|costs|costs|Total 2022|
|Raising funds||26,727|554|4,379|31,660|
|Charitable|acfivities|715,176|357,991|117,180|1,190,347|
|||741,903|358,545|121,559|'/, 222,00T|
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||Brought|Income|Expenditure|Transfers|Carried|
|---|---|---|---|---|---|
||Forward||||Forward|
||1 April||||31March|
||2021||||2022|
|Support Worker||91,280|(91,280)|||
|Bridgepoint||||||
|Hardship
Fund||50,000|(40,319)||9,681|
|Asda Foundation|600||||600|
|Cloth workers||10,000||(10,000)||
|Jack Petchey||19,519|(19,519)|||
|TOTAL RESTRICTED||||||
|FUNDS|600|170,799|(151,118)|(10,000)|10,281|
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||Brought||||Carried|
|---|---|---|---|---|---|
||Forward|Income|Expenditure|Transfers|Forward|
||1April||||31March|
||2021||||2022|
|Business Development|30,012||||30,012|
|Fixed Asset Fund|12,940|||26,012|38,952|
|Clubhouse
Model Training||||||
||21,867|42,042|(42,128)||21,781|
|Sonia Burke legacy Fund|7,450||(4,249)||3,20'I|
|TOTAL DESIGNATED||||||
|FUNDS|72,269|42,042|(46,377)|26,012|93,946|
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|||Brought||||Carried|
|---|---|---|---|---|---|---|
|||Forward|Income|Expenditure|Transfers|Forward|
|||1April||||3'I March|
|||2021||||2022|
|Designated|funds|72,269|42,042|(46,377)|26,012|93,946|
|General fund||457,771|1,01'/, 916|(1,024,512)|(16,012)|429,163|
|||530,040|'/, 053,958|(1,070,889)|10,000|523,109|
|Restricted|funds|600 0|170,799 0|(151,118)0|(10,000)|10,281|
|TOTAL FUNDS||530,640|1,224,757|(1,222,007)||533,390|
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2022|2022|2022|
|Tangible fixed assets|38,952||38,952|
|Net current assets|484,157|10,281|494,438|
||523,109|10,281|533,390|