| Page | ||||
|---|---|---|---|---|
| Legal and | administrative | information | ||
| Report of | the Trustees | 4 to 13 | ||
| Report of | the Independent | Examiner | 14 | |
| Statement | of Financial | Activities | 1S | |
| Balance Sheet | 16 | |||
| Notes to the Financial | Statements | 17to 29 |
| Merton Clinical Commissioning | Merton Clinical Commissioning | Group | MVSC | |
|---|---|---|---|---|
| LBM Ubrary service | RSBC | |||
| LBM Social services | London Vision | |||
| LBM Education Dept. |
Sight For Surrey | |||
| Moorfields NHS Trust |
Linden Lodge |
|||
| Merton Public Health | Team | Wandsworth Commissioning |
Team | |
| LBM Ageing Well Programme |
Phase 2 | Vision Foundation | ||
| Wimbledon Guild of |
Social Welfare | Wimbledon Foundation |
||
| Age UK Merton | Commonside Trust |
|||
| Merton Community |
Transport | Merton Chamber ofCommerce | ||
| Safer Neighbourhood | team | Wimbledon Dons |
||
| Merton Asian Elderly |
group | Merton Mutual Aid |
||
| Thomas Pocklington | Trust | Sutton Vision | ||
| Croydon Vision |
| EAR ENDED 31 MARCH | 2022 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| INCOME | Notes | |||||
| Income and endowments | from: | |||||
| Donations and legacies |
19,531 | 19,531 | 10,198 | |||
| Income from charitable | activities: | |||||
| Grants | 76,478 | 41,038 | 117,516 | 232,640 | ||
| Charitable Activities |
8,005 | 8,005 | 10,089 | |||
| Contracted services |
144,785 | 144,785 | 139,989 | |||
| Other trading activities: |
||||||
| Fundraising and events |
1,502 | 1,502 | 293 | |||
| Investment income |
82 | 82 | 360 | |||
| Total Income | 250,383 | 41,038 | 291,421 | 393,569 | ||
| EXPENDITURE ON: | ||||||
| Raising funds | 680 | 680 | 737 | |||
| Charitable activities: |
||||||
| Charity Activities | 303,413 | 49,620 | 353,033 | 359,524 | ||
| Total expenditure | 304,093 | 49,620 | 353,713 | 360,261 | ||
| NET Income/(expenditure) | before transfers | (53,710) | (8,582) | (62,292) | 33,308 | |
| Transfers between funds |
||||||
| NET Income/(expenditure) | after transfers | (53,710) | (8,582) | (62,292) | 33,308 | |
| RECONCILIATION OF FLINDS |
19 | |||||
| Total funds brought forward | 549,827 | 28,779 | 578,606 | 545,298 | ||
| TOTAL FUNDS CARRIED | FORWARD | 496,117 | 20,197 | 516,314 | 578,606 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Notes | Funds | Funds | Funds | Funds | |||
| FIXED ASSETS | f | E | |||||
| Tangible assets | 15 | 51,826 | 51,826 | 54,350 | |||
| Investments | 16 | 25,000 | 25,000 | 25,000 | |||
| 76,826 | 76,826 | 79,350 | |||||
| CURRENT ASSETS | |||||||
| Stocks | 633 | 633 | 633 | ||||
| Debtors: amounts | falling due within | one | |||||
| year | 17 | 31 131 | 70 | 31,201 | 32,106 | ||
| Cash at bank and | in hand | 399,776 | 20,407 | 420,183 | 479,094 | ||
| 431,540 | 20,477 | 452,017 | 511,833 | ||||
| LIABILITIES | |||||||
| Creditors: Amounts | falling due within | one | 18 | (12,249) | (280) | (12,529) | (12,577) |
| year | |||||||
| NET CURRENT ASSETS | 419,291 | 20,197 | 439,488 | 499,256 | |||
| NET ASSETS | 496,117 | 20,197 | 516,314 | 578,606 | |||
| TOTAL FUNDS OF | THE CHARITY | ||||||
| Unrestricted Funds |
19 | 496,117 | 549,827 | ||||
| Restricted Funds |
19 | 20,197 | 28,779 | ||||
| TOTAL FUNDS | 516,314 | 578,606 |
| E FROM DONATIONS AND LEGACIES |
||
|---|---|---|
| 2022 | 2021 | |
| E | f | |
| Donations | 13,603 | 9,334 |
| Legacies | 5,016 | |
| Membership | 912 | 864 |
| 19,531 | 10,198 |
| Activity | 2022 | 2021f | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Grants | Grants | 117,516 | 232,640 | ||||||||
| Catering income |
Charitable | Activities | 1,220 | ||||||||
| Hall Hire | Charitable | Activities | 4,122 | 9,550 | |||||||
| Members club sales |
Charitable | Activities | 1,210 | ||||||||
| Other income | Charitable | Activities | 286 | 372 | |||||||
| Resales | Charitable | Activities | 229 | 267 | |||||||
| Transport charges |
Charitable | Activities | 938 | (100) | |||||||
| Access to Work | Contracted | Services | 38,124 | 34,429 | |||||||
| Maintenance of LBM register |
Contracted | Services | 1,254 | 1,238 | |||||||
| Merton Clinical Commissioning |
Group | (CCG) | Contracted | Services | 2,184 | 2172 | |||||
| Moorfields Eye Hospital |
NHS Foundation | Trust | Contracted | Services | 23,857 | 23,857 | |||||
| Rehabilitation Charges |
Contracted | Services | 79,366 | 78,293 | |||||||
| 270,306 | 382,718 | ||||||||||
| Grants received, included | in the | above, are | as follows: | ||||||||
| 2022f | 2021f | ||||||||||
| Vision Foundation for |
London | (formally | GLFB) | 90,000 | |||||||
| London Borough of Merton | 59,429 | 54,715 | |||||||||
| Merton Connect IT(restricted | grant) | 9,915 | |||||||||
| Merton Connect Work | with Children | 2,000 | |||||||||
| Wimbledon Foundation |
(restricted | grant) | 25,000 | 25,000 | |||||||
| Wimbledon Foundation |
Child | Fund | (restricted grant) | 5,000 | |||||||
| Wimbledon Foundation |
Coronavirus | Fund | Grant | 5,000 | |||||||
| The National Lottery Community |
Fund | 9,940 | 18,097 | ||||||||
| The London Community | Foundation | (restricted | grant) | 19,994 | |||||||
| HMRC Furlough Grants |
5,039 | 15,564 | |||||||||
| DWP - Access to Work | (restricted | grant) | 1,123 | 3,844 | |||||||
| Other Small Grants | 70 | 426 | |||||||||
| 117,516 | 232,640 | ||||||||||
| 4. FUNDRAISING |
AND EVENTS | ||||||||||
| 2022f | 2021 | ||||||||||
| Fundraising events |
580 | ||||||||||
| MVAB Lottery | 286 | 269 | |||||||||
| 100Club | 636 | 24 | |||||||||
| 1,502 | 293 |
| 5. | INVESTMENT INCOME | 2022f | 2021f |
|---|---|---|---|
| Deposit account interest Investment income |
48 34 |
176 184 |
|
| 82 | 360 |
| All ofthe Charity's investment income ofF82 deposit accounts and is unrestricted. |
All ofthe Charity's investment income ofF82 deposit accounts and is unrestricted. |
(2021:F360) arises f | rom money held |
in interest bea | ring |
|---|---|---|---|---|---|
| 6. RAISING FUNDS COSTS |
|||||
| 2022 | 2021f | ||||
| Publicity and fundraising |
cost | 70 | 737 | ||
| 100club prizes | 610 | ||||
| 680 | 737 | ||||
| 7. CHARITABLE ACTIVITIES COSTS |
|||||
| Direct | Governance | 2022 | 2021 | ||
| costs E |
costsf | Total E |
Total E |
||
| Charity Activities | 345,474 | 7,559 | 353,033 | 359,524 | |
| TOTAL FUNDS | 345,474 | 7,559 | 353,033 | 359,524 | |
| 8. ANALYSIS OF DIRECT COSTS |
|||||
| 2022 | 2021 | ||||
| Unrestrictedf | Restricted f |
Totals E |
Totalsf | ||
| Wages and salaries Other staff costs |
234,760 3,315 |
46,093 297 |
280,853 3,612 |
297,708 6,346 |
|
| Volunteer expenses Direct project costs Premises costs |
1,670 5,345 23J556 |
110 1,935 |
1,780 7,280 23,556 |
48 3,947 27,470 |
|
| Office costs | 26,983 | 1,185 | 28,168 | 16,678 | |
| Grants paid to individuals | 225 | 225 | 214 | ||
| TOTAL FUNDS | 295,854 | 49,620 | 345,474 | 352,411 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| f | ||||||
| Accountancy HR fees Independent Lega Ifees |
Examiner | fees | 1,200 2,863 1,850 13 |
1,200 2,863 1,850 13 |
||
| Payroll fees | 432 | 360 | ||||
| Subscriptions | and | fees | 1,201 | 827 | ||
| 7,559 | 7 113 | |||||
| 10. NET INCOMING/(OUTGOING) | RESOURCES | |||||
| Net resources | are stated after | charging/(crediting): | ||||
| 2022 | 2021f | |||||
| Independent Depreciation |
Examiner's fees -owned assets |
1,850 2,524 |
1,850 6,610 |
|||
| 11. STAFF COSTS | ||||||
| 2022 | 2021 | |||||
| E | E | |||||
| Gross Wages | 258,220 | 273,345 | ||||
| Employers National |
Insurance | 15,662 | 17,156 | |||
| Pension costs | 6,971 | 7,207 | ||||
| 280,853 | 297,708 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| No | No | ||||
| Senior | Management | Team | 2 | 2 | |
| Other | Direct Charitable | Staff | 12 | 12 | |
| 14 | 14 |
| 15. TANGIBLE FIXED AS |
S | ETS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Freehold | Fixtures and | Motor | Computer | ||||||
| Propetty | httingsf | vehiclesf | equipmentf | Totalsf | |||||
| COST | |||||||||
| At 1 April 2021 | 108,541 | 37,800 | 27,295 | 82,168 | 255,804 | ||||
| Additions | |||||||||
| Disposals | (2,274) | (2,274) | |||||||
| At 31 March 2022 | 108,541 | 37,800 | 27,295 | 79,894 | 253,530 | ||||
| DEPRECIATION | |||||||||
| At 1 April 2021 | 58,521 | 36,049 | 26,680 | 80,204 | 201,454 | ||||
| Charge for year | 437 | 123 | 1,964 | 2,524 | |||||
| Eliminated on disposal |
(2,274) | (2,2 74) | |||||||
| At 31 March 2022 | 58,521 | 36,486 | 26,803 | 79,894 | 201,704 | ||||
| NET BOOK VALUE | |||||||||
| At 31 March 2022 | 50,020 | 1,314 | 492 | 51,826 | |||||
| At 31 March 2021 | 50,020 | 1,751 | 615 | 1,964 | 54,350 | ||||
| 16. FIXED ASSET INVESTMENTS | |||||||||
| 2022 | 2021f | ||||||||
| National Savings Income Bonds |
—valued atcost | 25,000 | 25,000 | ||||||
| 17. DEBTORS: AMOUNTS | FALLING | DUE WITHIN | ONE YEAR | ||||||
| 2022f | 2021 | ||||||||
| Other debtors Er accrued income |
25,625 | 22,571 | |||||||
| Prepayments | 5,576 | 9,535 | |||||||
| 31,201 | 32,106 | ||||||||
| 18. CREDITORS: AMOLINTS | FALLING DUE WITHIN | ONE YEAR | |||||||
| 2022f | 2021f | ||||||||
| Trade creditors | 895 | 722 | |||||||
| Other creditors | 95 | ||||||||
| Accruals | 11,634 | 11,760 | |||||||
| 12,529 | 12,577 |
| FOR THE YEAR ENDED 31 MA | FOR THE YEAR ENDED 31 MA | RCH | 2 | 022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| 19. MOVEMENT IN FUNDS |
|||||||||
| Current Year | Net | Transfers | |||||||
| movement | ln | between | |||||||
| At 1/4/21f | fundsf | fundsf | At. 31/3/22 | ||||||
| Unrestricted funds |
|||||||||
| General fund | 168,530 | (53,710) | 114,820 | ||||||
| Designated —Emily Wells Memorial |
Fund | 51,526 | 51,526 | ||||||
| Designated — General Building |
Maintenance | 104,131 | 104,131 | ||||||
| Designated —Gym Equipment |
15,000 | 15,000 | |||||||
| Designated — Hall Refurbishment |
10,640 | 10,640 | |||||||
| Designated — High Tech Loan |
Equipment | 15,000 | 15,000 | ||||||
| Designated — ITand other Equipment |
45,000 | 45,000 | |||||||
| Designated — Minibus |
55,000 | 55,000 | |||||||
| Designated — Removal |
Costs | 20,000 | 20,000 | ||||||
| Designated —Resource |
Room | Equipment | 15,000 | 15,000 | |||||
| Designated - Social Club Refurbishment |
50,000 | 50,000 | |||||||
| 549,827 | (53,710) | 496,117 | |||||||
| Restricted funds |
|||||||||
| Access to Work | 1,964 | (1,964) | |||||||
| Dora and Leslie Barter Conservatory | Fund | 6,250 | 6,250 | ||||||
| Hearing Impaired Children |
454 | 454 | |||||||
| The London Community | Foundation | 14,461 | (14,461) | ||||||
| Wimbledon Foundation |
5,650 | 5,1 | 78 | 10,828 | |||||
| Wimbledon Fundation-Child |
activities | 687 | 687 | ||||||
| Merton Connect IT Project |
1,978 | 1,978 | |||||||
| 28,779 | (8,582) | 20,197 | |||||||
| TOTAL FUNDS | 578,606 | (62,292) | 516,314 | ||||||
| Net movement in funds, |
included | in | the above | are as follows: | |||||
| Incoming | Resources | Movement ln |
|||||||
| Unrestricted funds |
Resources f |
Expended | Fundsf | ||||||
| General fund | 250,383 | (304,093) | (53,710) | ||||||
| 250,383 | (304,093) | (53,710) | |||||||
| Restricted funds | |||||||||
| Access to Work Wimbledon Foundation |
1 123 25,000 |
(3,087) (19,822) |
(1,964) 5, 178 |
||||||
| Wimbledon Foundation |
—Child Activities | 5,000 | (4,31 3) | 687 | |||||
| Merton Connected IT Project |
9,915 | (7,937) | 1,978 | ||||||
| The London Community | Fundation | (14,461) | (14,461) | ||||||
| 41,038 | (49,620) | (8,582) | |||||||
| TOTAL FUNDS | 291,421 | (353,713) | (62,292) |
| 19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
19. MOVEMENT IN FUNDS continued |
|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Comparative Year |
Net | Transfers | |||||||||
| movement | In | between | |||||||||
| At1/4/20f | fundsf | funds E |
At 31/3/21 f |
||||||||
| Unrestricted funds |
|||||||||||
| General fund | 312,612 | 26,035 | (170,117) | 168,530 | |||||||
| Designated - Emily Wells |
Memorial | Fund | 51,526 | 51,526 | |||||||
| Designated — General |
Building | Maintenance | 105,915 | (1,784) | 104,131 | ||||||
| Designated - Gym Equipment |
15,000 | 15,000 | |||||||||
| Designated — Hall Refurbishment |
10,640 | 10,640 | |||||||||
| Designated — High Tech |
Loan | Equipment | 15,000 | 15,000 | |||||||
| Designated — ITand other Equipment |
45,000 | 45,000 | |||||||||
| Designated —Minibus |
33,373 | 21,627 | 55,000 | ||||||||
| Designated —Removal |
Costs | 20,000 | 20,000 | ||||||||
| Designated —Resource Room |
Equipment | 15,000 | 15,000 | ||||||||
| Designated - Social Club |
Refurbishment | 15,000 | 35,000 | 50,000 | |||||||
| 529,066 | 24,251 | (3,490) | 549,827 | ||||||||
| Restricted funds | |||||||||||
| Access to Work | 5,564 | (3,600) | 1,964 | ||||||||
| Dora and Leslie Barter | Conservatory | Fund | 6,250 | 6,250 | |||||||
| Eye Can Do It | 775 | (4,265) | 3,490 | ||||||||
| Grants to Individuals | 214 | (214) | |||||||||
| Hearing Impaired Children |
454 | 454 | |||||||||
| The London Community |
Foundation | 14,461 | 14,461 | ||||||||
| Wimbledon Foundation |
2,975 | 2,675 | 5)650 | ||||||||
| 16,232 | 9,057 | 3,490 | 28,779 | ||||||||
| TOTAL FUNDS | 545,298 | 33,308 | 578,606 | ||||||||
| Net movement ln funds, |
included | in | the above | are | Incoming | Resources | Movement ln |
||||
| as follows: | resourcesf | expended | funds | ||||||||
| Unrestricted funds |
|||||||||||
| General fund | 344,731 | (318,696) | 26,035 | ||||||||
| Designated —General |
Building | Maintenance | (1,784) | (1,784) | |||||||
| 344,731 | (320,480) | 24,251 | |||||||||
| Restricted funds | |||||||||||
| Access to Work | 3,844 | (7444) | (3,600) | ||||||||
| Eye Can Do ft | (4,265) | (4,265) | |||||||||
| Grants to Individuals | (214) | (214) | |||||||||
| Hearing Impaired Children |
|||||||||||
| The London Community | Foundation | 19,994 | (5 533) | 14,461 | |||||||
| Wimbledon Foundation |
25,000 | (22,325) | 2,675 | ||||||||
| 48,838 | (39,781) | 9,057 | |||||||||
| TOTAL FUNDS | 393,569 | (360,261) | 33,308 |
| OMPARATIVES FOR THE |
S | TATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|
| INCOME | Unrestricted Funds |
Restncted Funds f |
2021 Total Funds f |
||
| Income and endowments Donations and legacies |
from: | 10,198 | 10,198 | ||
| Income from charitable Grants Charitable Activities Contracted services |
activities: | 183,802 10,089 139,989 |
48,838 | 232,640 10,089 139,989 |
|
| Other trading activities: Fundraising and events |
293 | 293 | |||
| Investment income |
360 | 360 | |||
| Total Income | 344,731 | 48,838 | 393,569 | ||
| EXPENDITURE ON: Raising funds |
737 | 737 | |||
| Charitable activities: |
|||||
| Charity Activities |
319,743 | 39,781 | 359,524 | ||
| Total expenditure | 320,480 | 39,781 | 360,261 | ||
| NET Income/(expenditure) | before transfers | 24,251 | 9,057 | 33,308 | |
| Transfers between funds |
(3,490) | 3,490 | |||
| NET Income/(expenditure) | after transfers | 20,761 | 12,547 | 33,308 |
| ETAILED INCOME AND OR THE YEAR ENDED 31 |
EXPEND MARCH |
ITURE 2022 |
ACCOUNT | ||
|---|---|---|---|---|---|
| 2022 f |
2021 f |
||||
| INCOME | |||||
| Donations and legacies Donations Legacies Membership |
13,603 5,016 912 |
9,334 864 |
|||
| 19,531 | 10,198 | ||||
| Fundraising Income Fundraising MVAB Lottery 100Club |
580 286 636 |
269 24 |
|||
| 1,502 | 293 | ||||
| Investment income Deposit account interest Investment income |
48 34 |
176 184 |
|||
| 82 | 360 | ||||
| Income from charitable Grants |
activities | 117,516 | 232,640 | ||
| Catering income Hall Hire Members club sales Other income Resa les Transport charges Access to work Maintenance of LBM register Merton Clinical Commissioning Group Moorfields Eye Hospital NHS Foundation Rehabilitation Charges |
(CCG) Trust |
1,220 4,122 1,210 286 229 938 38,124 1,254 2,184 23,857 79,366 |
9,550 372 267 (100) 34,429 1,238 2, 172 23)857 78,293 |
||
| 270,306 | 382,718 | ||||
| Ttlincome | 291,421 | 393,569 |
| 2022 f |
2021 f |
||
|---|---|---|---|
| EXPENDITURE | |||
| Raising Funds Costs | 70 | 737 | |
| Publicity and fundraising 100Club Prizes |
cost | 610 | |
| 680 | 737 | ||
| Charitable Activities |
|||
| Wages Employer National Insurance Pension Locum costs Volunteer costs |
258,220 15,662 6,971 119 |
273,345 17,156 7,207 3,150 48 |
|
| Insurance Light, heat and water rates Rates Telephone Postage and Stationery Sundries Transport costs Travel costs |
4,489 11,633 1,326 2,734 3,842 2,191 2,894 209 |
5,774 5,136 1,251 2,891 1,741 487 2,985 72 |
|
| ONce cleaning and materials Activity costs Catering expenses |
765 6,203 1 137 |
1,047 51 |
|
| Members club purchases |
987 | 545 | |
| Computer and ITcosts Repairs and maintenance Access to work equipment Staff training Bank charges |
9,262 8,868 1 123 3,374 465 |
9,795 7,651 1,570 3,125 427 |
|
| Resales | 251 | 133 | |
| Grants to individuals | 225 | 214 | |
| Depreciation offixtures and |
fittings | 2,524 | 6,610 |
| Governance costs |
345,474 | 352,411 | |
| Accountancy Independent Examiners fees HR fees Legal fees |
1,200 1,850 2,863 13 |
1,200 1,850 2,863 13 |
|
| Payroll Fees | 432 | 360 | |
| Subscriptions and fees |
1,201 | 827 | |
| 7,559 | 7,113 | ||
| Total exemptions | 353,713 | 360,261 | |
| Net Income (expenses) | (62,292) | 33,308 |