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|---|---|---|---|---|---|
|Reference and administrative||details||||
|Report ofthe trustees|||2|to|7|
|Independent<br>examiner's<br>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|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|fund|funds|funds|
||||Notes|g||8|g|
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies|||21,445||21,445|19,376|
|Charitable|activities|||||||
|Charitable|activities||||502,265|502,265|431,820|
|Investment|income|||7,613||7,613|140|
|Other income||||712||712|377|
|Total||||29,770|502,265|532,035|451,713|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Charitable|activities|||2,743|388,012|390,755|401,680|
|NET INCOME||||27,027|114,253|141,280|50,033|
|RECONCILIATION||OF FUNDS||||||
|Total funds|brought<br>forward|||1,003,165|37,852|1,041,017|990,984|
|TOTAL FUNDS CARRIED FORWARD||||1,030,192|152,105|1,182,297|1,041,017|





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||STATEME|NT OFFINANCIAL PO<br>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<br>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<br>falling due after more than one year||14|(5,000)|(24,090)|
|NET ASSETS|||1,182,297|1,041,017|
|FUNDS||16|||
|Unrestricted<br>funds|||1,030,192|1,003,165|
|Restricted funds|||152,105|37852|
|TOTAL FUNDS|||1,182,297|1,041,017|





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





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|2.|DONATION|S<br>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<br>activities|||||390,755|





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|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|



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|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|



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|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<br>funds|||||
||General fund||303,165|27,027|330,192|
||Designated<br>fund||700,000||700,000|
||||1,003,165|27,027|1,030,192|
||Restricted<br>funds|||||
||Restricted fund||37,852|114,253|152,105|
||TOTAL FUNDS||1,0'I1,017|141380|1,182,297|





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|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||||8|
|Unrestricted|funds||||||
|General fund||||29,770|(2,743)|27,027|
|Restricted funds|||||||
|Restricted fund||||502,265|(388,012)|114,253|
|TOTAL FUNDS||||532,035|(390,755)|141,280|
|Comparatives|for movement||in funds||||
||||||Net||
||||||movement|At|
|||||At 1.4.21|in funds|31.3.22|
|||||||8|
|Unrestricted|funds||||||
|General fund||||290,984|12,181|303,165|
|Designated<br>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|
|Comparative|net movement|in|funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||||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|





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|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|



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||||FORTHE|YEAR ENDED 31STM|ARCH 2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||8|8|||
|INCOME AND||ENDOWMENTS||||||
|Donations<br>and legacies||||||||
|Govt. Covid|-19|Grants|||||3,895|
|Membership|fee|k.donations||21,445||21,445|15,481|
|||||21,445||21,445|19,376|
|Investment|income|||||||
|Deposit account||interest||7,613||7,613|140|
|Charitable|activities|||||||
|London Borough||ofLambeth|||431,281|431,281|373,281|
|The National|Lottery Community||Fund||18,193|18,193|46,029|
|Walcot Foundation|||||47,791|47,791|5,210|
|London Youth|||||5,000|5,000|7,300|
||||||502,265|502,265|431,820|
|Other income||||||||
|Other income||||712||712|377|
|Total incoming||resources||29,770|502,265|532,035|451,713|
|EXPENDITURE||||||||
|Charitable|activities|||||||
|Wages|||||266,493|266,493|282,875|
|Social security|||||15,430|15,430|18,574|
|Pensions|||||2,253|2,253|2,914|
|Insurance|||||2,831|2,831|2,230|
|Telephone|||||3,810|3,810|3,553|
|Postage and|stationery||||707|707|239|
|Advertising|||||1,700|1,700|1,124|
|Volunteers|||||544|544|200|
|Outing and refreshments|||||8,618|8,618|5,446|
|Staffwelfare||||2,223||2,223|1,808|
|Stall' training|||||2,832|2,832|724|
|Fines||||520||520|520|
|Office rental|th garage||||19,738|19,738|15,988|
|Agency fees|||||2,834|2,834|6,617|
|Consultancy|fees||||10,245|10,245|12,950|
|Data and IT|Support||||2,092|2,092|382|
|Repairs and|maintenance||||2,467|2,467|5,666|
|Cleaning|||||4,228|4,228|5,923|
|Motor running<br>costs|||||21,348|21,348|14,199|
|Membership|and|Subscription|||1,640|1,640|2,834|
|Carried forward||||2,743|369,810|372,553|384,766|





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||FOR THE|YEAR ENDED 31STM|ARCH 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||||8|8|8|
|Charitable|activities|||||
|Brought for|ward|2,743|369,&10|372,553|384,766|
|Legal Ifc professional|||6,708|6,708|5,217|
|Bank charges|||122|122|116|
|Travelling|||461|461|356|
|Examiner fees|||4,619|4,619|3,639|
|Depreciation|oftangible fixed assets||6,292|6,292|7,586|
|||2,743|388,012|390,755|401,680|
|Total resources expended||2,743|388,012|390,755|401,680|
|Net income||27,027|114,253|141,280|50,033|