## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restdicted|Total|Total| ||||Notes|fund
6|funds
I|funds
6|fundsI| |INCOME AND ENDOWMENTS||FROM|||||| |Charitable
activities
Charitable
activities||||526,588||526,588|672,262| |Other trading
activities
Investment
income||||2,095
104||2,095
104|231| |Other income||||2,200||2,200|| |Total||||530,987||530,987|672,493| |EXPENDITURE ON|||||||| |Charitable
activities
Charitable
activities|||6|560,350||560I350|629,436| |NET INCOME/(EXPENDITURE)||||(29,363)||(29,363)|43,057| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||171,485||171,485|128,428| |TOTAL FUNDS CARRIED FORWARD||||142,122||142,122|171,485| ## ## ## |STATEMENT OF FINANCIAL POSITION
31MARCH 2021|||| |---|---|---|---| ||Notes|2021
I|2020I| |FIXEDASSETS
Tangible assets|14|7,512|10,116| |CURRENT ASSETS
Debtors
Cash at bank and
in hand|15|49,439
169,397|52,807
147,687| |||218,836|200,494| |CREDITORS
Amounts
falling due within one year|16|(36,726)|(39I125)| |NET CURRENT ASSETS||182,110|161,369| |TOTAL ASSETSLESS CURRENT LIABILITIES||189,622|171,485| |CREDITORS
Amounts
falling due after more than one year|17|(47,500)|| |NET ASSETS||142,122|171,485| |FUNDS
Unresb icted funds|21|142,122|171,485| |TOTAL FUNDS||142,122|171I485| ||Notes|2021I|2020
5| |---|---|---|---| |Cash flows from operating
activities
Cash generated
from operations|1|(30,594)|62,486| |Net cash (used in)/provided
by operating|activities|(30,594)|62,486| |Cash flows from investing
activities
Purchase oftangible
fixed assets
Sale oftangible
fixed assets
tnterest
received||2,200
104|(7,692)
231| |Net cash provided
by/(used
in) investing|activities|2,304|(7,461)| |Cash flows from financing
activities
New loans in year||50,000|| |Net cash provided
by financing
activities||50,000|| |Change
in cash and cash equivalents
the reporting
period
Cash and cash equivalents
at the
beginning
ofthe reporting
period|in|21,710
147,687|55,025
92,662| |Cash and cash equivalents
atthe end of
the reporting
period||169,397|147,687| |RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|TO NET CASH FLOW|TO NET CASH FLOW|FROM OPERATING|FROM OPERATING|| |---|---|---|---|---|---|---|---| |ACTIVITIES|||||2021||2020| ||||||E||E| |Net (expenditure)/income
for the reporting
Statement ofFinancial Activities)||period|(as per the||(29(363)||43,057| |Adjustments
for:
Depreciation
charges
Profit on disposal of fixed assets
interest
received
Decrease
in debtors
Decrease
in creditors|||||2,604
(2,200)
(104)
3,368
(4,899)||3,300
(231)
19,189
(2,829)| |Net cash (used in)/provided|by operations||||(30,594)||62,486| |ANALYSIS OF CHANGES IN|NET FUNDS||||||| ||||At|1/4/20|Cash flow|At|31/3/21| |||||E|E||E| |Net cash
Cash at bank and
ln hand||||147,687|21,710||169,397| |||||147,687|21,710||169,397| |Debt|||||||| |Debts falling due within 1year
Debts falling due after 1year|||||(2(500)
(47,500)||(21500)
(47,500)| ||||||(50,000)||(50(000)| |Total||||147,687|(28,290)||119,397| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |S|INCOME FROM|CHARI|TABL|E ACTIVIT|IES|||| |---|---|---|---|---|---|---|---|---| |.|||||||2021|2020| ||Income for the use of buses|||Activity
Charitable|activities||E
408,122|E
637,262| ||Grants|||Chadtable|activities||45,000|35,000| ||Government
Grant|||Charitable|activities||73,466|| ||||||||526,588|672,262| ||Grants received,|included|in the above, are as follows:||||2021
E|2020f| ||London
Borough|of Merton|||||45,000|35,000| |6.|CHARITABLE ACTIVITIES COSTS|||||||| |||||||Direct|Support|| |||||||Costs (see|costs (see|| |||||||note 7)
E|note 8)
f|Totals
E| ||Charitable
activities|||||357,472|202,878|560,350| |7.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||2021|2020| ||||||||E|E| ||Stalf costs
Vehicle running
Depreciation|costs|||||238,997
115,871
2,604|259I569
167,612
3,300| ||||||||357,472|430,481| |8.|SUPPORT COSTS|||||||| ||||||||Governance|| |||||||Management
E|costs
f|Totals
E| ||Charitable
activities|||||187,028|15,850|202,878| ||Support costs, included||in the above, are||as follows:|||| ||Management||||||2021|2020| ||||||||Charitable|Total| ||||||||activities|activities| ||||||||E|E| ||Wages
Social security
Pensions||||||108,277
11,316
4,094|105,292
10,919
4,336| ||Other operating
Rates and water|leases|||||24,000
221|24,322
431| ||Insurance||||||2,836|2I012| ||Light and heat
Telephone||||||3,339
2,045|2,230
1,748| ||Carried forward||||||156,128|151,290| ## ## ## |Management
-contin|u|ed||| |---|---|---|---|---| ||||2021|2020| ||||Charitable|Total| ||||activities|acbvitles| ||||E|E| |Brought forward
Postage and stationery
Sundries
Repairs and renewals
Training
Stair expenses
Travel and subsistence
Equipment
Computer
expenses
Subscriptions
Legal and professional
Bank charges|fees||156,128
4,497
673
6,905
1,499
496
4,291.
2I871
2,625
368
6,239
436|151,290
6,687
252
4,444
3,155
464
3,428
3,368
2,653
789
6,400
700| ||||187,028|183,630| |Governance costs|||2021|2020| ||||Charitable|Total| ||||activities|activities| ||||E|| |Accountancy
and legal fees
Independent
Examiner's
fees|||14,000
1,850|14,225
11100| ||||15,850|15,325| |NET INCOME/(EXPENDITURE)||||| |Net income/(expenditure)||is stated after charging/(crediting):||| ||||2021|2020| ||||E|E| |Depreciation - owned assets
Other operating
leases
Surplus on disposal of fixed assets|||2,604
24,000
(2,200)|3,300
24,322| ## ## ## ## ## |STAFF COSTS||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||||E|E| |Wages and salaries
Social security coW
Other pension costs||||||||341,197
15,510
5,977|363,143
10,053
6,920| |||||||||362,684|380,116| |The average
monthly|number of||employees||dudng the year was as follows:||||| |||||||||2021|2020| |Full time OperationalStaff
Part time Operational
Staff||||||||7
20|7
20| |||||||||27|27| |No employees
received||emoluments||in excess||ofE60,000.|||| |The key management||personnel|compensation|||during the year|was E86,227 (2020:|E83,465).|| |COMPARATIVES FOR THE STATEMENT|||||OF FINANCIAL ACTIVITIES
Unrestricted|||Restricted|Total| ||||||||fund|funds|funds| ||||||||E|E|E| |INCOME AND ENDOWMENTS|||FROM||||||| |Charitable
activities
Charitable
activities|||||||672,262||672,262| |Investment
income|||||||231||231| |Total|||||||672,493||672,493| |EXPENDITURE ON|||||||||| |Charitable
activities
Chadtable
activities|||||||629,436||629,436| |NET INCOME|||||||43,057||43,057| |RECONCILIATION|OF FUNDS||||||||| |Total funds brought||forward|||||128,428||128,428| |TOTAL FUNDS CARRIED FORWARD|||||||17II485||171,485| ## ## ## ## ## |TANGIBLE FIXEDA|SS|E|TS||||||| |---|---|---|---|---|---|---|---|---|---| |||||Improvements|||Fixtures||| ||||||to|Plant and|and|Motor|| ||||||property
I|machinery
I|fittings
I|vehicles
I|Totals
I| |COST
At 1 Apdil 2020
Disposals|||||7,233|14,004|3,500|395I491
(7,000)|420I228
(7,000)| |At 31March 2021|||||7,233|14,004|3,500|388,491|413,228| |DEPRECIATION
At 1Apdil 2020
Charge for year
Eliminated
on disposal|||||723
723|13,698
153|2,310
1I190|393,381
538
(7,000)|410,112
2,604
(7,000)| |At 31March 2021|||||1,446|13,851|3,500|386,919|405,716| |NET BOOK VALUE
At 31March 2021|||||5,787|153||1,572|7,512| |At 31March 2020|||||6,510|306|1,190|2, 110|10I116| |DEBTORS:AMOUNTS||FALLING|||DUE WITHIN|ONE YEAR||2021|2020| |||||||||5|6| |Trade debtors
Other debtors
Prepayments
and accrued|||income|||||45,145
3,000
1,294|'l6,989
4,454
1,364| |||||||||49,439|52,807| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||||| |||||||||2021|2020| |||||||||I|| |Bank loans and overdrafts
(see
Trade creditors
Social security and other taxes
VAT
Other creditors||||note 18)||||2,500
10,162
4,724
3,623
1,493|9,626
5,519
8,867
910| |Accruals and deferred|income|||||||14,224|14,203| |||||||||36,726|39,125| ## |17.|CREDITORS: AMOUNTS|FALLING DUE AFTER|FALLING DUE AFTER|FALLING DUE AFTER|MORE|THAN ONE YEAR|THAN ONE YEAR|THAN ONE YEAR|2021|2020| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||E|E| ||Bank loans (see note 18)||||||||47,500|| |18.|LOANS|||||||||| ||An analysis ofthe maturity|of|loans is given below:|||||||| ||||||||||2021|2020| ||||||||||E|E| ||Amounts
falling due within
Bankloans|one year on demand:|||||||2,500|| ||Amounts
falling between
one
Bank loans - 1-2 years||and two years:||||||10,000|| ||Amounts
falling due between
Bank loans - 2-5 years||two and five years:||||||30,000|| ||Amounts
falling due in more than five years:|||||||||| ||Repayable
by instalments:
Bank loans more 5 yr by instal||||||||7,500|| |19.|LEASING AGREEMENTS|||||||||| ||Minimum
lease payments|under non-cancellable||operating|||leases fall due as follows:|||| ||||||||||2021|2020| ||||||||||E|E| ||Within one year
Between one and five years||||||||1,169
2,924|5,169
4,093| ||||||||||4,093|9,262| |20.|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||||2021|2020| ||||||Unrestricted|||Restricted|Total|Total| ||||||fund|||funds|funds|funds| |||||||E||E|E|E| ||Fixed assets
Current assets
Current
liabilities
Long term liabilities||||7,512
218,836
(36,726)
(47,500)||||7,512
218,836
(36,726)
(47,500)|10,116
200,494
(39,125)| ||||||142I122||||142,122|171I485| ## ||||||||||Net|| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||movement|At| |||||||||At' 1/4/20|in funds|31/3/21| ||||||||||E|| |Unrestricted
General fund|||funds|||||171,485|(29,363)|142,122| |TOTAL|FUNDS|||||||171,485|(29,363)|142,122| |Net movement|||in funds, included||in the above||are as follows:|||| |||||||||Incoming|Resources|Movement| |||||||||resources|expended|in funds| |||||||||E|E|E| |Unrestricted
General
fund|||funds|||||530,987|(560,350)|(29,363)| |TOTAL|FUNDS|||||||530I987|(560,350)|(29,363)| |Comparetives|||for movement||in funds|||||| ||||||||||Net|| ||||||||||movement|At| |||||||||At 1/4/19|in funds|31/3/20| |||||||||E|E|E| |Unrestricted
General
fund|||funds|||||128,428|43,057|171,485| |TOTAL|FUNDS|||||||128,428|43,057|171,485| |Comparative||net movement||in funds,||included|in the above are|as follows:||| |||||||||Incoming|Resources|Movement| |||||||||resources|expended|in funds| ||||||||||E|E| |Unrestricted
General
fund|||funds|||||672,493|(629,436)|43,057| |TOTAL|FUNDS|||||||672,493|(629,436)|43,057| ## |A current year|12months and prior year 12m|onths
combined
position
is as follows:||| |---|---|---|---|---| ||||Net|| ||||movement|At| |||Al 1/4/19
6|in funds|31/3/21
I| |Unrestricted
General fund|funds|128,428|13,694|142I122| |TOTAL FUNDS||128,428|13,694|142,122| |A current year
as follows:|12 months
and prior year 12|months
combined
net movement
in|funds,
included
i|n the above| |---|---|---|---|---| |||Incoming|Resources|Movement| |||resources
I|expended
6|in funds
I| |Unrestricted
General fund|funds|1,203,480|(1,189,786)|13I694| |TOTAL FUNDS||1,203,480|(1,189,786)|13,694| ##