## **DOCKLANDS OUTREACH COMPANY LIMITED**
## **TRUSTEES' REPORT AND ACCOUNTS**
**YEAR ENDED 31ST MARCH 2022**
**COMPANY HOUSE NO: 03483305 CHARITY REGISTRATION NO: 1071838**
## **DOCKLANDS OUTREACH COMPANY LIMITED FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2022**
|**CONTENTS**|**PAGE**|
|---|---|
|LEGAL AND ADMINISTRATIVE INFORMATION|1|
|REPORT OF THE TRUSTEES|2-3|
|INDEPENDENT EXAMINERS REPORT|4|
|STATEMENT OF FINANCIAL ACTIVITIES|5|
|BALANCE SHEET|6|
|NOTES TO THE FINANCIAL STATEMENTS|7-9|
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES|10|
1
## **DOCKLANDS OUTREACH COMPANY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31ST MARCH 2022**
CHARITY REGISTRATION NUMBER: 1071838 COMPANY HOUSE NO: 3483305 REGISTERED OFFICE: ST MATTHIAS CHURCH, 113 POPLAR HIGH STREET LONDON E14 0AE TRUSTEES: Mr Ashwani Sharma (Chair) Mr Edward Duncan Charles Ms Selina Asombang Dr Joseph David Cullen SECRETARY: Mr J B Parker INDEPENDENT EXAMINER New Bond Accountants 4a - 6a Hythe Street Dartford DA1 1BX
2
## **DOCKLANDS OUTREACH COMPANY LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31ST MARCH 2022**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The organisation is a charitable company limited by guarantee, incorporated on 18 December 1997, and registered as a Charity on 6 October 1998. The Company was established under a Memorandum of Association which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of the company going into liquidation, members of the organisation are required to contribute an amount not exceeding £1.
## **Management and Governance**
Docklands Outreach is governed by a voluntary and elected Board of Trustees who have professional expertise in our areas of service delivery and possess the necessary skills, to analyse the progress of the work and to achieve the organisation’s aims. The Board of Trustee meet on a monthly or quarterly basis to oversee the strategic direction and policies of the organisation. The day to day running of the organisation is delegated to the Director.
No formal training is given but all potential trustees are invited to attend meetings with the staff. Trustees get to know the charities aims and objectives and how it operates and attend a meeting of the Board of Trustees. The following checks are also carried out: Criminal Records Bureau (enhanced) Charity Commission - Declaration of eligibility for newly appointed trustees.
## **Risk management**
The Trustees regularly review the risks the charity may face to introduce procedures to mitigate the risks identified. They recognise the volatile nature of funding and the challenges faced as a result of the economic downturn, cutbacks and new challenges due to the Covid-19 Pandemic. To manage these risks and to ensure we remain financially stable Docklands Outreach ensures that it maintains and builds new partnership with key stakeholders and ensures that it builds up its reserves to mitigate future funding decline.
## **Reserve Policy**
Trustees have established that in order to fulfill their responsibilities to staff and to minimise risk of any breach of statute or organisational duty, the organisation should hold sufficient funds in reserve to meet the salaries of all core staff initially for six months, should it become necessary to make such staff redundant. DO has been working towards building a satisfactory level of funds to provide a secure base for the fulfilment of the company’s charitable objectives, in accordance with Charity Commission guidelines and through full cost recovery (FCR). The organisation is pleased that it has achieved its aim of fulfilling its reserves for six months running cost, redundancy costs and other contingencies costs.
## **Employee**
DOC is committed to equal opportunities in terms of equal treatment, equal access and equal share in all aspects of its programmes, administration, management and support, regardless of age, race, colour, nationality, religion, ethnic or national origin, gender, marital status, sexual orientation or disability. It aims to offer an environment, which is safe, supportive, and sensitive to the diverse needs of Individuals Concerned with the Project ('ICWD') so that all can achieve their full potential.
The charity does, however, ask that its staff sympathise with the aims and objects of the charity. Section 7(2)d of the Sex Discrimination Act 1975 also applies where it is essential to restrict the job to female applications only.
3
## **DOCKLANDS OUTREACH COMPANY LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31ST MARCH 2022**
## **STATEMENT OF TRUSTEE RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each (Accounts and Reports) financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charity for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity's Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report is prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the Board of Trustees on 27 December 2022 and signed:
ON BEHALF OF THE BOARD:
............................................. **Mr Ashwani Sharma (Chair)**
4
## **REPORT OF THE INDEPENDENT EXAMINER DOCKLANDS OUTREACH COMPANY LIMITED YEAR ENDED 31ST MARCH 2022**
I report on the accounts for the year ended 31st March 2022 set out on pages five to nine.
## **Respective responsibilities of trustees and examiner**
The Charity's Trustees (who are also the Directors for the purposes of Company Law) are responsible for the preparation of the accounts. The Charity's Trustees consider that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiners report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Omowunmi Shitta, FCCA**
New Bond Accountants Business and Charity Advisors 4a - 6a Hythe Street Dartford Kent DA1 1 BX
Date: 27 December, 2022
|**Unrestricted**
**funds**
**Restricted**
**funds**
**INCOMING RESOURCES**
**Notes**
**£**
**£**
**_Incoming resources from generated funds_**
Donations and legacies
2
1,901
420,049
Investments
3
-
506
**TOTAL INCOME**
1,901
420,555
**RESOURCES EXPENDED**
Charitable Activities
4
-
(268,881)
Support Cost
5
-
(7,456)
Governance Cost
6
-
(1,617)
Finance Cost
7
-
(43)
**TOTAL RESOURCES EXPENDED**
-
(277,997)
**NET INCOME/EXPENDITURE FOR THE YEAR**
1,901
142,558
**RECONCILIATION OF FUNDS**
**Total Funds brought forward**
55,737
303,390
**TOTAL FUNDS CARRIED FORWARD**
**£57,638**
**£445,948**
**DOCKLANDS OUTREACH COMPANY LIMITED**
**STATEMENT OF FINANCIAL ACTIVITIES**
**YEAR ENDED 31ST MARCH 2022**|5
**2022**
**2021**
**£**
**£**
421,950
315,277
506
633
**422,456**
**315,910**
(268,881)
(208,007)
(7,456)
(9,493)
(1,617)
(1,618)
(43)
(48)
(277,997)
(219,166)
144,459
96,744
359,127
262,383
**£503,586**
**£359,127**|
|---|---|
None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2022 or 2021 other than those included in the statement of financial activities.
The notes on pages 7 to 9 form part of these accounts.
6
## **DOCKLANDS OUTREACH COMPANY LIMITED BALANCE SHEET YEAR ENDED 31ST MARCH 2022**
|**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Cash at bank and in hand
Debtors
**CREDITORS: due within one year**
**Net Current Assets**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**FUNDS:**
Unrestricted Funds
Restricted Funds
Total funds|**Notes**
8
12
13|**2022**
**2021**
**-**
**-**
**476,911**
**332,870**
**26,675**
**28,758**
**-**
**(2,501)**
**503,586**
**359,127**
**£503,586**
**£359,127**
**2022**
**2021**
**57,638**
**£55,737**
**445,948**
**£303,390**
**£503,586**
**£359,127**|**2021**
**-**
**332,870**
**28,758**
**(2,501)**
**359,127**|
|---|---|---|---|
The financial statements were approved by the Board of Trustees on 27th December, 2022 and were signed on its behalf by:
**………………………………………………………....**
**Mr Ashwani Sharma (Chair) - Trustee**
The notes on pages 7 to 9 form part of these accounts.
7
## **DOCKLANDS OUTREACH COMPANY LIMITED NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Celestial Church of Christ - House of Praise Parish meets the definition of a public benefit entity under FRS 102.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Donations and other incoming resources - Income from tithes of the network churches in the forum when these are receivable.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## Charitable activities
Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.
## **Governance costs**
Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Tangible fixed assets**
There are no fixed assets for the charity in the year under review.
8
## **DOCKLANDS OUTREACH COMPANY LIMITED NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2022**
## **2. Income from donations and legacies**
|**Unrestricted**
**funds**
**Restricted**
**funds**
Grants received
**1,901**
**£**
**420,049**
**£**
**1,901**
**£**
**420,049**
**£**
**Analysis of grants received**
Central North West Londin NHS Trust
-
-
East End Community Foundation
-
-
East London Foundation Trust
-
128,918
Erusmus+ Programme
-
-
Health Education England - London
-
107,357
Poplar Harca
-
33,774
St Matthias Community Centre
1,901
-
Step Forward
-
147,500
Tavistock & Portman NHS Trust
-
-
LBTH
-
2,500
**£1,901**
**£420,049**
**3. INVESTEMENT INCOME**
**Restricted funds**
Bank interest receivable
**4. Costs of charitable activities by fund type**
**Restricted funds**
Charitable Activities
Support costs
**5. Costs of charitable activities by fund type**
Grant funding of
activities
Support Cost
**Support Cost**
Charitable Activities
**6. Other costs**
Governance cost
**7. Finance costs**|**2022**
**2021**
**421,950**
**£**
315,277
£
**421,950**
**£**
**315,277**
**£**
**2022**
**2021**
-
£21,000
-
£14,552
£128,918
£54,358
-
-
£107,357
£68,425
£33,774
£33,774
£1,901
£2,567
£147,500
£70,000
-
£21,000
£2,500
-
**£421,950**
**£285,676**
**2022**
**2021**
506
633
**506**
**633**
**2022**
**2021**
268,881
209,673
7,456
9,493
**276,337**
**219,166**
**2022**
**2021**
276,337
219,166
**2022**
**2021**
**1,617**
**1,618**
**43**
**48**|**2022**
**2021**
**421,950**
**£**
315,277
£
**421,950**
**£**
**315,277**
**£**
**2022**
**2021**
-
£21,000
-
£14,552
£128,918
£54,358
-
-
£107,357
£68,425
£33,774
£33,774
£1,901
£2,567
£147,500
£70,000
-
£21,000
£2,500
-
**£421,950**
**£285,676**
**2022**
**2021**
506
633
**506**
**633**
**2022**
**2021**
268,881
209,673
7,456
9,493
**276,337**
**219,166**
**2022**
**2021**
276,337
219,166
**2022**
**2021**
**1,617**
**1,618**
**43**
**48**|**2022**
**2021**
**421,950**
**£**
315,277
£
**421,950**
**£**
**315,277**
**£**
**2022**
**2021**
-
£21,000
-
£14,552
£128,918
£54,358
-
-
£107,357
£68,425
£33,774
£33,774
£1,901
£2,567
£147,500
£70,000
-
£21,000
£2,500
-
**£421,950**
**£285,676**
**2022**
**2021**
506
633
**506**
**633**
**2022**
**2021**
268,881
209,673
7,456
9,493
**276,337**
**219,166**
**2022**
**2021**
276,337
219,166
**2022**
**2021**
**1,617**
**1,618**
**43**
**48**|**2022**
**2021**
**421,950**
**£**
315,277
£
**421,950**
**£**
**315,277**
**£**
**2022**
**2021**
-
£21,000
-
£14,552
£128,918
£54,358
-
-
£107,357
£68,425
£33,774
£33,774
£1,901
£2,567
£147,500
£70,000
-
£21,000
£2,500
-
**£421,950**
**£285,676**
**2022**
**2021**
506
633
**506**
**633**
**2022**
**2021**
268,881
209,673
7,456
9,493
**276,337**
**219,166**
**2022**
**2021**
276,337
219,166
**2022**
**2021**
**1,617**
**1,618**
**43**
**48**|
|---|---|---|---|---|
||||||
||||**2021**
633
**633**
**2021**
209,673||
||||9,493
**219,166**|9,493|
||||**2021**
219,166
**2021**
**1,618**
**48**||
|||||**48**|
## **8. Tangible fixed assets**
There are no fixed assets for the charity in the year under review.
9
## **DOCKLANDS OUTREACH COMPANY LIMITED NOTES TO THE ACCOUNTS YEAR ENDED 31ST MARCH 2022**
|**9. Staff costs and emoluments**
Total staff costs for the year ended 31 March 2022 were:
Salary and wages
Social security costs
Pension costs
Employees|**2022**
**2021**
**232,989**
185,086
**21,037**
15,520
**10,551**
5,096
**£264,578**
**£205,702**
**2022**
**2021**
**13**
**11**|
|---|---|
## **10. TRUSTEES REMUNERATION AND BENEFITS**
## **Trustees' expenses**
There were no Trustees remuneration in the year to 31 March 2022 nor in the prior year There were no related parties transactions in the year to 31 March 2022 nor the prior year.
## **11. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for restricted funds.
|**12. DEBTORS**
**Amounts due within one year:**
Prepayments and accrued income
**13. CREDITORS**
**Amounts due within one year:**
Accruals and deferred income|**2022**
**2021**
£26,475
£28,758
**£26,475**
**£28,758**
**2022**
**2021**
-
£2,051
**-**
**£2,051**|
|---|---|
## **14. Movement in funds**
|**Unrestricted Funds**
General
**Total funds**||**Balance at**
**01/04/2021**
**£**
**55,737**|**Incoming**
**resources**
**Balance at**
**31/03/2022**
**£**
**£**
**1,901**
**57,638**|
|---|---|---|---|
|||**55,737**|**1,901**
**57,638**|
## **Purpose of unrestricted Funds**
General:
Unrestricted funds are available for use at the discretion of the committee in furtherance of their charitable objectives unless the funds have been designated for other purposes
|**Restricted Funds**
General
**Total funds**||**Balance at**
**01/04/2021**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Balance at**
**31/03/2022**
**£**
**£**
**£**
**£**
**303,390**
**420,555**
**(277,997)**
**445,948**|**Balance at**
**01/04/2021**
**Incoming**
**Resources**
**Outgoing**
**Resources**
**Balance at**
**31/03/2022**
**£**
**£**
**£**
**£**
**303,390**
**420,555**
**(277,997)**
**445,948**|
|---|---|---|---|
|||**303,390**
**420,555**|**(277,997)**
**445,948**|
## **Purpose of restricted Funds**
General:
Restricted funds are subject to specific conditions set out by donors on the use of the funds
10
## **DOCKLANDS OUTREACH COMPANY LIMITED INCOME AND EXPENDITURE YEAR ENDED 31ST MARCH 2022**
|**Income and Endownment:**
**Donations and legacies**
Grants
**Investments:**
Bank Interest Receivable
**Total incoming resources**
**EXPENDITURE:**
**Charitable activities**
Staff Costs - Wages and Salaries
Staff Costs - Social Security Costs
Staff Costs - Pension Contribution
Other Activity Based Costs
**SUPPORT COSTS: MANAGEMENT**
Rent
Insurance
Office Supplies
Telephone
Other Professional Fees
Maintenance
**FINANCE**
Bank Charges
**GOVERNANCE COSTS**
Accountancy Fees
**Total resources expended**
**Net expenditure**|**2022**
**£**
421,950
**421,950**
**506**
**422,456**
232,989
21,037
10,551
4,304
**268,881**
4,000
1,097
444
970
400
545
**7,456**
**43**
**1,617**
**277,997**
**£144,459**|**2021**
**£**
315,277
**315,277**|**2021**
**£**
315,277
**315,277**|
|---|---|---|---|
|||**633**
**315,910**||
|||185,086
15,520
5,096
3,971
**209,673**||
|||2,400
1,031
995
1,220
663
1,518
**7,827**
**48**
**1,618**
**219,166**|2,400
1,031
995
1,220
663
1,518
**7,827**|
||||**48**
**1,618**|
|||**£96,744**||