| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details | ||||
| Report ofthe trustees | 2 | to | 7 | ||
| Independent examiner's report |
|||||
| Statement offinancial | activities | ||||
| Statement offinancial | position | 10 | |||
| Statement ofcash flows | |||||
| Notes to the financial | statements | 12 | to | 18 | |
| Detailed statement of |
financial | activities | 19 to | 20 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | f. | g | |||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 13,992 | 5,384 | 19,376 | 49,893 | |
| Charitable | activities | ||||||
| Charitable | activities | 431,820 | 431,820 | 337,935 | |||
| Investment | income | 140 | 140 | 673 | |||
| Other income | 377 | 377 | (1,464) | ||||
| Total | 14,509 | 437,204 | 451,713 | 387,037 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | activities | 2,328 | 399,352 | 401,680 | 386,744 | ||
| NET INCOME | 12,181 | 37,852 | 50,033 | 293 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 990,984 | 990,984 | 990,691 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,003,165 | 37,852 | 1,041,017 | 990,984 |
| 31STMARCH 2022 | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Notes | K | ||
| FIXEDASSETS | |||
| Tangible assets | 31,168 | 36,226 | |
| CURRENT ASSETS | |||
| Debtors | 12 | 13,021 | 214,792 |
| Cash at bank and in hand | 1,027,359 | 744,297 | |
| 1,040,380 | 959,089 | ||
| CREDITORS | |||
| Amounts lulling due within one year |
13 | (6,441) | (4,331) |
| NET CURRENT ASSETS | 1,033,939 | 954,758 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,065,]07 | 990,984 | |
| CREDITORS | |||
| Amounts falling due atter more than one year |
14 | (24,090) | |
| NET ASSETS | 1,041,017 | 9911,98'1 | |
| FUNDS | 16 | ||
| Unrestricted funds |
1,003,165 | 990,984 | |
| Restricted funds | 37,852 | ||
| TOTAL FUNDS | 1,041,017 | 990,984 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
18 | 285,450 | 145,276 | ||
| Net cash provided by operating activities |
285,450 | 145,276 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed |
assets | (2,528) | (20,727) | ||
| Sale oftangible fixed assets | 13,799 | ||||
| Interest received | 140 | 673 | |||
| Net cash used in investing | activities | (2,388) | (6,255) | ||
| Change in cash and cash | equivalents | in | |||
| the reporting period |
283,062 | 139,021 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | 744,297 | 605,276 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
1,027,359 | 744,297 |
| 2. | DONATION | S AND LE |
GACI | ES | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 8 | ||||||
| Govt. Covid | -19Grants | 3,895 | 49,234 | |||
| Membership | fee&donations | 15,481 | 659 | |||
| 19,376 | 49,893 | |||||
| Grants received, included | in the | above, are as follows: | ||||
| 2022 | 2021 | |||||
| 8 | f | |||||
| Other grants | 3,895 | 49,234 | ||||
| 3. | INVKSTMKNT INCOME | |||||
| 2022 | 2021 | |||||
| 8 | ||||||
| Deposit account interest | 140 | 673 | ||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Charitable | Total | |||||
| activities | activities | |||||
| London Borough ofLambeth | 373,281 | 279,629 | ||||
| The National | Lottery Community | Fund | 46,029 | 27,536 | ||
| Walcot Foundation | 5,210 | 23,520 | ||||
| London Youth | 7,300 | 7,250 | ||||
| 431,820 | 337,935 | |||||
| 5. | OTHER INCOME | |||||
| 2022 | 2021 | |||||
| 8 | 8 | |||||
| Other income | 377 | 516 | ||||
| Supervised Contact Services |
(1,980) | |||||
| 377 | (1,464) |
| CHARITAB | LE ACTIV | ITIES COSTS | |||
|---|---|---|---|---|---|
| Direct | |||||
| Costs (see | |||||
| note 7) | |||||
| 8 | |||||
| Charitable activities |
401,680 | ||||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||
| Staffcosts | 304,363 | 314,131 | |||
| Insurance | 2,230 | 1,787 | |||
| Telephone | 3,553 | 3,469 | |||
| Postage and | stationery | 239 | 1,656 | ||
| Advertising | 1,124 | 317 | |||
| Volunteers | 200 | 113 | |||
| Outing and refreshments | 5,446 | 4,126 | |||
| Staffwelfare | 1,808 | 230 | |||
| Stafftraining | 724 | 1,790 | |||
| Fines | 520 | 130 | |||
| Office rental | &garage | 15,988 | 13,757 | ||
| Agency fees | 6,617 | 3,103 | |||
| Consultancy | fees | 12,950 | 7,725 | ||
| Data and IT | Support | 382 | 743 | ||
| Repairs and maintenance | 5,666 | 1,966 | |||
| Cleaning | 5,923 | 4,456 | |||
| Motor running | costs | 14,199 | 10,888 | ||
| Membership | and Subscription | 2,834 | 1,024 | ||
| Legal &professional | 5,217 | 5,550 | |||
| Bank charges | 116 | 71 | |||
| Travelling | 356 | 199 | |||
| Examiner fees | 3,639 | 3,308 | |||
| Depreciation | 7,586 | 6,205 | |||
| 401,680 | 386,744 | ||||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2022 | 2021 | ||||
| Depreciation | -owned assets | 7,586 | 6,205 |
| 2022 | 2021 | ||
|---|---|---|---|
| g | |||
| Wages | and salaries | 282,875 | 285,563 |
| Social | security costs | 18,574 | 26,100 |
| Other | pension costs | 2,914 | 2,468 |
| 304,363 | 314,131 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Admin and centre staff |
28 | 25 | ||
| TANGIBLE FIXEDASSETS | ||||
| Fixtures | ||||
| and | Motor | Computer | ||
| fittings | vehicles | equipment | Totals | |
| g | g | 8 | ||
| COST | ||||
| At 1stApril 2021 | 13,114 | 70,359 | 14,588 | 98,061 |
| Additions | 2,528 | 2,528 | ||
| At 31stMarch 2022 | 13,114 | 70,359 | 17,116 | 100,589 |
| DEPRECIATION | ||||
| At 1stApril 2021 | 12,463 | 40,215 | 9,157 | 61,835 |
| Charge for year | 215 | 6,029 | 1,342 | 7,586 |
| At 31stMarch 2022 | 12,678 | 46,244 | 10,499 | 69,421 |
| NET BOOK VALUE | ||||
| At 31stMarch 2022 | 436 | 24,115 | 6,617 | 31,168 |
| At 31stMarch 2021 | 651 | 30,144 | 5,431 | 36,226 |
| 12. | DEBTORS:A | MOUN | TS FALLING DUK WITHIN ONK Y | EAR | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Trade receivable | 8,530 | 210,273 | ||||
| Other debtors | 1,350 | 1,440 | ||||
| Prepayments | 3,141 | 3,079 | ||||
| 13,021 | 214,792 | |||||
| 13. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
| 2022 | 2021 | |||||
| Trade creditors | 2,801 | 1,022 | ||||
| Accrued expenses | 3,640 | 3,309 | ||||
| 6,441 | 4,331 | |||||
| 14. | CREDITORS: | AMOUNTS FALLING DUK AFTER MORE THAN ONE | YEAR | |||
| 2022 | 2021 | |||||
| Accruals and deferred | income | 24,090 | ||||
| 15. | ANALYSIS OF NET | ASSETSBETWEEN FUNDS | ||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Fixed assets | 31,168 | 31,168 | 36,226 | |||
| Current assets | 1,002,528 | 37,852 | 1,040,380 | 959,089 | ||
| Current liabilities |
(6,441) | (6,441) | (4,331) | |||
| Long term liabilities | (24,090) | (24,090) | ||||
| 1,003,165 | 37,852 | 1,041,017 | 990,984 | |||
| 16. | MOVEMKNT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| 8 | 8 | |||||
| Unrestricted funds |
||||||
| General fund | 290,984 | 12,181 | 303,165 | |||
| Designated fund |
700,000 | 700,000 | ||||
| 990,984 | 12,181 | 1,003,165 | ||||
| Restricted funds | ||||||
| Restricted fund | 37,852 | 37,852 | ||||
| TOTAL FUNDS | 990,984 | 50,033 | 1,041,017 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| 8 | 8 | 8 | |
| Unrestricted funds |
|||
| General fund | 14,509 | (2,328) | 12,181 |
| Restricted funds | |||
| Restricted fund | 437,204 | (399,352) | 37,852 |
| TOTAL FUNDS | 451,713 | (401,680) | 50,033 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| 8 | ||||
| Unrestricted | funds | |||
| General fund | 290,691 | 293 | 290,984 | |
| Designated | fund | 700,000 | 700,000 | |
| 990,691 | 293 | 990,984 | ||
| TOTAL FUNDS | 990,691 | 293 | 990,984 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
49,102 | (48,809) | 293 |
| Restricted funds | |||
| Restricted fund | 337,935 | (337,935) | |
| TOTAL FUNDS | 387,037 | (386,744) | 293 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| g | |||||
| Net income | for the | reporting | period (as per the Statement of | ||
| financial activities) | 50,033 | 293 | |||
| Adjustments | for: | ||||
| Depreciation | charges | 7,586 | 6,205 | ||
| interest received | (140) | (673) | |||
| Decrease in | debtors | 201,771 | 141,948 | ||
| Increase/(decrease) | in creditors | 26,200 | (2,497) | ||
| Net cash provided | by operations | 285,450 | 145,276 | ||
| ANALYSIS | OF CHANGES IN NET FUNDS | ||||
| At 1.4.21 | Cash flow | At 31.3.22 | |||
| g | 8 | ||||
| Net cash | |||||
| Cash at bank | and in | hand | 744,297 | 283,062 | 1,027,359 |
| 744,297 | 283,062 | 1,027,359 | |||
| Total | 744,297 | 283,062 | 1,027,359 |
| F | OR THE Y | EAR ENDED 31STM | ARCH 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 8 | 8 | ||||||
| INCOME AND | ENDOWMENTS | ||||||
| Donations and legacies |
|||||||
| Govt. Covid | -19 | Grants | 3,895 | 3,895 | 49,234 | ||
| Membership | fee | k donations | 13,992 | 1,489 | 15,481 | 659 | |
| 13,992 | 5,384 | 19,376 | 49,893 | ||||
| Investment | income | ||||||
| Deposit account | interest | 140 | 140 | 673 | |||
| Charitable | activities | ||||||
| London Borough | ofLambeth | 373,281 | 373,281 | 279,629 | |||
| The National | Lottery Community | Fund | 46,029 | 46,029 | 27,536 | ||
| Walcot Foundation | 5,210 | 5,210 | 23,520 | ||||
| London Youth | 7,300 | 7,300 | 7,250 | ||||
| 431,820 | 431,820 | 337,935 | |||||
| Other income | |||||||
| Other income | 377 | 377 | 516 | ||||
| Supervised Contact Services |
(1,980) | ||||||
| 377 | 377 | (1,464) | |||||
| Total incoming | resources | 14,509 | 437,204 | 451,713 | 387,037 | ||
| EXPENDITURE | |||||||
| Charitable | activities | ||||||
| Wages | 282,875 | 282,875 | 285,563 | ||||
| Social security | 18,574 | 18,574 | 26,100 | ||||
| Pensions | 2,914 | 2,914 | 2,468 | ||||
| Insurance | 2,230 | 2,230 | 1,787 | ||||
| Telephone | 3,553 | 3,553 | 3,469 | ||||
| Postage and | stationery | 239 | 239 | 1,656 | |||
| Advertising | 1,124 | 1,124 | 317 | ||||
| Volunteers | 200 | 200 | 113 | ||||
| Outing and refreshments | 5,446 | 5,446 | 4,126 | ||||
| Staffwelfare | 1,808 | 1,808 | 230 | ||||
| Stafftraining | 724 | 724 | 1,790 | ||||
| Fines | 520 | 520 | 130 | ||||
| Office rental | rtt garage | 15,988 | 15,988 | 13,757 | |||
| Agency fees | 6,617 | 6,617 | 3,103 | ||||
| Consultancy | fees | 12,950 | 12,950 | 7,725 | |||
| Data and IT | Support | 382 | 382 | 743 | |||
| Repairs and | maintenance | 5,666 | 5,666 | 1,966 | |||
| Carried forward | 2,328 | 359,482 | 361,810 | 355,043 |
| FOR THE | YEAR ENDED 31ST | MARCH 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 8 | 8 | 8 | ||||
| Charitable | activities | |||||
| Brought forward | 2,328 | 359,482 | 361,810 | 355,043 | ||
| Cleaning | 5,923 | 5,923 | 4,456 | |||
| Motor running | costs | 14,199 | 14,199 | 10,888 | ||
| Membership | and Subscription | 2,834 | 2,834 | 1,024 | ||
| Legal &professional | 5,217 | 5,217 | 5,550 | |||
| Bank charges | 116 | 116 | 71 | |||
| Travelling | 356 | 356 | 199 | |||
| Examiner fees | 3,639 | 3,639 | 3,308 | |||
| Depreciation | oftangible fixed assets | 7,586 | 7,586 | 6,205 | ||
| 2,328 | 399,352 | 401,680 | 386,744 | |||
| Total resources | expended | 2,328 | 399,352 | 401,680 | 386,744 | |
| Net income | 12,181 | 37,852 | 50,033 | 293 |