2023-03-31-accounts - Lifelong Family Links

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Page
Reference and administrative		details
Report ofthe trustees			2	to	7
Independent examiner's report
Statement offlinancial	activities
Statement offinancial	position			10
Statement ofcash flows
Notes to the financial	statements		12	to	18
Detailed statement of	financial	activities	19	to	20

	STATEME	NT OFFINANCIAL PO 31STMARCH 2023	SITION
			2023	2022
		Notes	8
FIKEDASSETS
Tangible assets			24,877	31,168
CURRENT ASSETS
Debtors		12	95,868	13,021
Cash at bank and in hand			1,078,841	1,027,359
			1,174,709	1,040,380
CREDITORS
Amounts falling due within	one year	13	(12,289)	(6,441)
NET CURRENT ASSETS			1162420	1033939
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,187,297	1,065,107
CREDITORS
Amounts falling due after more than one year		14	(5,000)	(24,090)
NET ASSETS			1,182,297	1,041,017
FUNDS		16
Unrestricted funds			1,030,192	1,003,165
Restricted funds			152,105	37852
TOTAL FUNDS			1,182,297	1,041,017

			2023	2022
		Notes
Cash flows from operatiag	activities
Cash generated from operations		18	43,869	285,450
Net cash provided by operating activities			43,869	285,450
Cash flows from investing	activities
Purchase oftangible fixed assets				(2,528)
Interest received			7,613	140
Net cash provided byl(used	in) investing	activities	7,613	(2,388)
Change in cash and cash equivalents		in
the reporting period			51,482	283,062
Cash and cash equivalents	at the
beginning ofthe reporting	period		1,027,359	744,297
Cash and cash equivalents	at the end	of
the reporting period			1,078,841	1,027,359

2.	DONATION	S AND LE	GACI	ES
					2023	2022
	Govt. Covid	-19Grants				3,895
	Membership	fee 6t donations			21,445	15,481
					21,445	19,376
	Grants received, included		in the	above, are as follows:
					2023	2022
	Other grants					3,895
3.	INVESTMENT INCOME
					2023	2022
						8
	Deposit account interest				7,613	140
4.	INCOME FROM CHARITABLE ACTIVITIES
					2023	2022
					Charitable	Total
					activities	activities
					8	8
	London Borough ofLambeth				431,281	373,281
	The National	Lottery Community		Fund	18,193	46,029
	Walcot Foundation				47,791	5,210
	London Youth				5,000	7,300
					502,265	431,820
5.	OTHER INCOME
					2023	2022
					8	8
	Other income				712	377
6.	CHARITABLE ACTIVITIES			COSTS
						Direct
						Costs (see
						note 7)
						8
	Charitable activities					390,755

DIRECT C	OSTSOFC	HARITABLE ACTIVITIES
			2023	2022
			8
Staffcosts			284,176	304,363
Insurance			2,831	2,230
Telephone			3,810	3,553
Postage and stationery			707	239
Advertising			1,700	1,124
Volunteers			544	200
Outing and refreshments			8,618	5,446
Staffwelfare			2,223	1,808
Stafftraining			2,832	724
Fines			520	520
Office rental	&garage		19,738	15,988
Agency fees			2,834	6,617
Consultancy	fees		10,245	12,950
Data and IT Support			2,092	382
Repairs and maintenance			2,467	5,666
Cleaning			4,228	5,923
Motor running	costs		21,348	14,199
Membership	and Subscription		1,640	2,834
Legal Er professional			6,708	5,217
Bank charges			122	116
Travelling			461	356
Examiner fees			4,619	3,639
Depreciation			6,292	7,586
			390,755	401,680
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			2023	2022
				8
Depreciation	-owned assets		6,291	7,586

10.	STAFFCOSTS
					2023	2022
						8
	Wages and salaries				266,493	282,875
	Social security costs				15,430	18,574
	Other pension costs				2,253	2,914
					284,176	304,363
	The average monthly	number ofemployees	during the year was as follows;
					2023	2022
	Admin and centre staff				28	28
11.	TANGIBLE FIXED	ASSETS
			Fixtures
			and	Motor	Computer
			fittings	vehicles	equipment	Totals
			8
	COST
	At 1stApril 2022 and	31stMarch 2023	13,114	70,359	17,116	100,589
	DEPRECIATION
	At 1stApril 2022		12,678	46,244	10,499	69,421
	Charge foryear		145	4,823	1,323	6,291
	At 31stMarch 2023		12,823	51,067	11,822	75,712
	NET BOOK VALUE
	At 31stMarch 2023		291	19,292	5,294	24,877
	At 31st March 2022		436	24,115	6,617	31,168
12.	DEBTORS:AMOUNTS FALLING DUK		WITHIN ONE YEAR
					2023	2022
	Trade receivable				69,318	8,530
	Other debtors				26,550	1,350
	Prepayments					3,141
					95,868	13,021

13.	CREDITORS: AMOUNTS FALLIN	G DUE WITHIN ONK	YEAR
				2023	2022
	Trade creditors			3,920	2,801
	Social security and other taxes			4,729
	Accrued expenses			3,640	3,640
				12,289	6,441
14.	CREDITORS: AMOUNTS FALLING DUK AFTER MORE		THAN ONE YEAR
				2023	2022
	Accruals and deferred income			5,000	24,090
15.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
			8	8	8
	Fixed assets	24,877		24,877	31,168
	Current assets	1,017,875	156,834	1,174,709	1,040,380
	Current liabilities	(7,560)	(4,729)	(12,289)	(6,441)
	Long tenn liabilities	(5,000)		(5,000)	(24,090)
		1,030,192	152,105	1,182,297	1,041,017
16.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.22	in funds	31.3.23
				8	8
	Unrestricted funds
	General fund		303,165	27,027	330,192
	Designated fund		700,000		700,000
			1,003,165	27,027	1,030,192
	Restricted funds
	Restricted fund		37,852	114,253	152,105
	TOTAL FUNDS		1,0'I1,017	141380	1,182,297

18.	RECONCILIATION	RECONCILIATION	RECONCILIATION	OFNET INCOME TO NKT CASH FLOW FROM	OFNET INCOME TO NKT CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
						2023	2022
							8
	Net income	for the	reporting		period (as per the Statement offinancial
	activities)					141,280	50,033
	Adjustments	for:
	Depreciation	charges				6,291	7,586
	Interest received					(7,613)	(140)
	(Increase)/decrease		in	debtors		(82,847)	201,771
	(Decrease)/increase		in	creditors		(13,242)	26700
	Net cash provided		by	operations		43,869	285,450
19.	ANALYSIS	OF CHANGES			IN NET FUNDS
					At 1.4.22	Cash liow	At31.3.23
	Net cash
	Cash at bank	and in	hand		1,027,359	51,482	1,078,841
					1,027,359	51,482	1,078,841
	Total				1,027,359	51,482	1,078,841