2022-03-31-accounts - Arachne Greek Cypriot Women's Group

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Principal funding sources	Principal funding sources	Principal funding sources
The following grants and other contributions			were received	during the year:
				F
Big Lottery fund				84,334
Big Lottery Fund - Refurb				6,750
London Borough of Islington	(Advice)			31,000
Covid Job retention scheme				11,186
London Brorough of lslington	Covid	8 Councelling)		11,300
Other sources				511,890
				656,460

				Unrestricted
				Funds	Restricted	2022	2021
					funds	Total	Total
		Notes		f	f	F
INCOMING RESOURCES
Incoming resources from	generated		funds
Voluntary income				501,840		501,840	1,910
Activities for generating funds			2	8,596		8,596	22,404
Investment income			3	5		5	884
Incoming respources from		Covid 19	grants
London Borough of Islington					41000	41,000	7,750
Government Job retention	Scheme				11185	11,185	46,034
City of london						0	20,500
Incoming resources from	charitable		activities
Community Development				2,750		2,750	4,257
Big lottery fund					91084	91,084	77,917
Home office EU settlement						0	12,028
Total incoming resources				513,191	143,269	656,460	193,684
RESOURCES EXPENDED
Charitable activities
Community Development				0	0	0	0
Governance costs			4	39,176	79,150	118,326	157,261
Total resources expended				39,176	79,150	118,326	157,261
NET INCOMING RESOURCES				474,015	64,119	538,134	36,423
RECONCILIATION OF FUNDS
Total funds brought forward				193,492	-63,719	129,773	145,081
TOTAL FUNDS CARRIED FORWARD				667,507	400	667,907	181,504

fo	r the year ended 31 March 202	r the year ended 31 March 202	2
2	ACTIVITIES FOR GENERATING		FUNDS	2022	2021
	Fundraising events			10,436	24,314
3	INVESTMENT INCOME			2022 E	2021f
	Deposit account interest				884
					884
4	GOVERNANCE COSTS			2022 'E	2021f
	Depreciation of owned fixed assets			1,586	1,866
	Staff costs			88,842	93,541
	Other operating leases - Rent			0	0
	Rates and water			2,201	1,305
	Accountancy			1,126	973
	Light and Heat			1,393	1,634
	Telephone			2,058	2,756
	Advertising			990	0
	Insurance			4,017	1,493
	Travelling			0	0
	Postage and stationery			0	196
	Repairs and renewals			7,260	47,235
	Computer maintenance	and software		5,442	3,985
	Volunteers' allowances			0	0
	Tutors			2,200	0
	Professional fees			200
	Accreditation s			0	1,125
	Learning materials			0	0
	Subscriptions			939	836
	Bank charges			72	18
	Sundry expenses			0	298
				118,326	157,261

ACHNE GREEK CYPRIOT WOMEN es to the Accounts the year ended 31 March 2022 Big Lottery Fund.	'S GROUP
		Amount
		f
Gross Wages		27,435
Em ployers N.l.		2,463
Pension contributions		620
Repairs and renewals		6,750
Total Cost Spent from Big Lottery Fund	in the year	37,268

	London Bor	ough ofIslington
						Amount
						f
	Gross Wages					37,415
	Employers N.	l.				2,703
	Pension contributions					459
	Subscriptions	and memberships				555
	Computer maintenance/software		maintenance		S.license	750
	Total Cost Spent from Home Office grant			in the	year	41,882
5	NET INCOMING/(OUTGOING)		RESOURCES
	Net resources	are stated after	charging/(crediting):
						2022f	2021f
	Depreciation	- owned assets				1,586	1,866

						Plant and
				Freehold		machinery
				Property		etc F		Totalf
	Cost
	At 1 April 2021					100,517		100,517
	Additions			500,000				500,000
	At 31 March 2022			500,000		100,517		600,517
	Depreciation
	At 1 April 2021					89,945		89,945
	Charge for the	year				1,586		1,586
	At 31 March 2022					91,531		91,531
	Net book value
	At 31 March 2022			500,000		8,986		508,986
	At 31 March 2021					10,572		10,572
9	Debtors						2022 F	2021f
	Other debtors						2,420	4,856
							2,420	4,856
	Amounts due after more than one			year included	above
10	Creditors: amounts		falling due within one year				2022f	2021f
	Other creditors						10,454	6,459
							10,454	6,459
11	MOVEMENT IN FUNDS						2022
	Unrestricted funds						F
	General fund
	At 1 April 2021						193,492
	Net movement	in the	year				538,134

ARACHNE GREEK CYPRIOT	WOMEN'S GROUP
Notes to the Accounts
for the year ended 31 March	2022
Transfer to capital redemption	reserve	(63,719)
At 31 March 2022		667,907
Restricted funds Restricted funds		2022f
At 1 April 2021		(63,719)
Transfer from the profit and loss account		63,719
At 31 March 2022
TOTAL FUNDS		667,907

for the year ended 3	1 I	larch 202	2
				2022f	2021
INCOMING RESOURCES
Voluntary income
Membership fees				1,840	4,345
Activities for generating		funds
Fundraising events				8,596	19,706
Donations				17,750	4,255
Investment Income
Deposit account interest					871
Incoming resources from charitable			activities
Grants				133,269	40,282
Total Incoming resources				161,460	69,459
RESOURCES EXPENDED
Charitable activities
Women's and children's	activities
Youth activities
Governance costs
Wages				82,001	92,745
Social security				5,624	3,672
Employer's pension contributions				1,217	1,540
Rates and water				2201	1598
Light and heat				1,393	1,393
Accountancy				1,126	960
Professional fees				200	0
Repairs and renewals				7260	145
Computer maintenance	and software			5,442	2,972
Volunteers' allowances				0	480
Tutors				2,200	2,813
Bank charges				72	0
Advertising				990	0
Fundraising expenses				0	3117
Insurance				4,017	2,936
Telephone				2,058	2,622
Postage and stationery				0	2,039
Subscriptions				939	625
Sundry expenses				0	135
Depreciation - Fixtures and		fittings		406	562
Computer	and software			1,180	836
				118,326	121,190
Total resources expended				118,326	121,190
Net (Loss) IIncome				43,134	-51,731