| CONTENTS | PAGE | |
|---|---|---|
| Trustees Annual Report |
1-5 | |
| Independent Examiner's |
report | |
| Statement of Financial |
Activities | |
| Income and Expenditure | Account | |
| Balance sheet | ||
| Notes to the Financial Statement | 10 |
| REFERE | CE AND ADMINISTRAT | CE AND ADMINISTRAT | CE AND ADMINISTRAT | CE AND ADMINISTRAT | IVE DETAILS | IVE DETAILS | ||
|---|---|---|---|---|---|---|---|---|
| Registered | charity name | THE FURZEDOWN PROJECT | ||||||
| Charity registration | number | 1076087 | ||||||
| Company | registration | number | 3662469 | |||||
| Principal | and | Registered office | 91-93 Moyser Road | |||||
| London | ||||||||
| SW16 6SJ | ||||||||
| The Trustees | ||||||||
| The trustees | who served | during the period were as follows: | ||||||
| Elected Trustees: | Liz Sines (Chair —Appointed | 27November | 2021) | |||||
| Elvette Bryan | ||||||||
| Mike Richards (Treasurer) | ||||||||
| Jane Fisher | ||||||||
| Rosemary Scott |
||||||||
| John Farebrother | ||||||||
| Gillian Mires | ||||||||
| Ilaben Patel | ||||||||
| Gwen Race | ||||||||
| Ann Harris | ||||||||
| Diane Norman | ||||||||
| Company | Secretary | Pius Gnanapragasam | ||||||
| Manager | Mick Morrell | |||||||
| Bank | CAF Bank Ltd | |||||||
| 25 Kings Hill Avenue | ||||||||
| Kings Hill | ||||||||
| West Mailing | ||||||||
| Kent ME194JQ | ||||||||
| Independent | examiner | Arif Malida | ||||||
| Chartered Accountants |
||||||||
| 66 Moyser Road | ||||||||
| London SW16 6SQ |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| Funds | Funds | 2021 | 2020 | ||||
| Note | 6 | 6 | 6 | ||||
| INCOME FROM | |||||||
| Donations, grants and |
legacies | 78,243 | 141,466, | 219,709 | 138,045 | ||
| Charitable Activities |
3 | 24,170 | |||||
| Investment income |
4 | 103 | 103 | 344 | |||
| Other income | 5 | 12,181 | |||||
| TOTAL INCOME | 78,346 | 141,466 | 219,812 | 174,740 | |||
| EXPENDITURE ON | |||||||
| Raising Funds | 7 | (9,950) | (9,950) | (4,962) | |||
| Charitable activities |
6/7 | (14,431), | (119,97$) | (134,409) | (186,104) | ||
| Governance Costs |
8 | (7,378) | (7,378) | (7,284), | |||
| TOTAL EXPENDITURE | (31,759) | (119,978) | (151,737) | (19$,350) | |||
| NKT INCOME / |
46,587 | 21,488 | 68,075 | (23,610) | |||
| (EXPENDITURE) | FORTHE | ||||||
| YEAR | |||||||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | forward | 15 | 230365 | 13515 | 243i$80 | 267i490 | |
| Transfer between funds from |
|||||||
| Unrestricted to restricted |
|||||||
| TOTAL FUNDS CARRIED | 15 | 276,952 | 35,003 | 311,955 | 243,880 | ||
| FORWARD |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 8 | ||||
| INCOME | 219,709 | 174,396 | ||
| TOTAL EXPENDITURE | (151,737) | (198,350) | ||
| OPERATING | INCOME | 67,972 | (23,954/ | |
| Interest receivable | and similar income | 103 | 344 | |
| NET INCOME | / | (EXPENDITURE) | 68,075 | (23,610) |
| INCOME F | ROM DONATIONS, GRA |
NTS AND LE | GACIES | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| 2021 | 2020 | ||||||
| 8 | 8 | ||||||
| Donations: | |||||||
| Donations | 11,753 | 11,733 | 10,487 | ||||
| Legacy | 88949 | 8,949 | ' | 3,000 | |||
| Gift Aid | 1 | 1 | 1,178 | ||||
| Grants receivable: | |||||||
| Wandsworth | Borough Council | 58,200 | 58,200 | 58,200 | |||
| Battersea Power Station Foundation— | 50,000 | 50,000 | 50,000 | ||||
| Outreach Services |
|||||||
| Wandsworth | Clinical Commissioning |
9,000 | 1 | 9,000 | 9,000 | ||
| Grou —Kee |
Fit Classes | ||||||
| Covid-19 Grants | 57,441 | 57,444 | |||||
| Grant I'rom City Bridge Trust forIT | 24,266 | 24,266 | |||||
| Sponsorship: | |||||||
| Membership | Fees | 100 | 100 | 6,180 | |||
| ~243 | ~14 466 | 219709 | ~I38045 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 | 2020 | ||||
| Sho | Income | 1,844 | |||
| Fundraising Events |
5,249 | ||||
| Other | Activities: | ||||
| Other | Activities - Exercise Classes | 5.316 | |||
| Other | Activities —Raffles | 365 | |||
| Other | Activities | 11.396 | |||
| 24 170 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||||
| 2021 | 2020 | |||||||
| 8 | ||||||||
| Bank | interest | receivable | - | deposits | 103 | 0 | 103 | 344 |
| . | OTHER INCOME | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2020 | ||||
| Other Income | 460 | ||||
| Trips | 797 | ||||
| Transport | 3,514 | ||||
| , | Hire ofPremises | 7,410 | |||
| ~12181 |
| 6.EXPE | NDIT | UR | E ANALYSIS: COS | TSOFCHARIT | TSOFCHARIT | ABLE ACTIV | ITKS BYEXP | ENSE T | YP | |
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||
| Funds | Funds | Funds | Funds | |||||||
| 2021 | 2020 | |||||||||
| Costs of | activities, | salaries, accounting | 7,237 | 100,334 | 107,571 | 155,354 | ||||
| and other | costs | |||||||||
| Office costs | 6,222 | 5,611 | 11,833 | 15,065 | ||||||
| Administration | costs | 972 | 14,033 | 15,005 | 17,009 | |||||
| Volunteer | eayens'es | 6?6 | ' | |||||||
| 14 | 431 | 119978 | 134409 | 186 | 104 |
| Charitable | Charitable | activities | activities | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| &&a | |||||||||||||||||||||||
| I 0 ts |
8a | e Q |
a | V aa 0 |
e (s |
8 &ee |
ue &I 0 |
eaa &o |
&&eee \ 4& cs |
&& | 2021 Total |
2020 Total |
|||||||||||
| 5 | f | f | |||||||||||||||||||||
| Staffcosts | Direct | 14,53"7 | 38,534 | 53,071 | ' | 53,071 | |||||||||||||||||
| Cost of | |||||||||||||||||||||||
| Activities | i | Direct | 5ape | 19,493 | 11,421 | 36138 | 36,138 | ||||||||||||||||
| Administration | Direct | 1,507 | ' | 1,507 | 1,507 | ||||||||||||||||||
| Office costs | Direct | 2&427 | 3,797 | 6,224 | 6324 | ||||||||||||||||||
| Volunteer | |||||||||||||||||||||||
| Expanses | Direct | 493 | 184 | l | 677 | 677 | |||||||||||||||||
| Other | Direct | 3,282 | 6,656 | ' | 9,938 | 9,938 | |||||||||||||||||
| Support Costs: | |||||||||||||||||||||||
| Aeeountin8 | Time | 5,160 | 5,160 | 5,160 | |||||||||||||||||||
| Support costs- | Staff | ||||||||||||||||||||||
| StaB' Costs | time | 59,886 | ' | 59,886 | 59,886 | ||||||||||||||||||
| Usage | |||||||||||||||||||||||
| Support costs- Administration |
/ Space |
15,502 | 15,502 | 15&502 | |||||||||||||||||||
| Usage | |||||||||||||||||||||||
| Support costs- | / | ||||||||||||||||||||||
| OBice | 8Space | 8c840 | ~8840 | 8&840 | |||||||||||||||||||
| Governance | |||||||||||||||||||||||
| costs - Bank | |||||||||||||||||||||||
| Ch~ar es | Direct | 88 | 88 | 88 | |||||||||||||||||||
| Governance | |||||||||||||||||||||||
| costs - Auditors | |||||||||||||||||||||||
| fee | Direct | 1,320 | 1,320 | 1,320 | |||||||||||||||||||
| 27,470 | 19,493 | 3,797 | 6,656 | 50,139 | 86&474 | 1.408 | 198,350 | 198,350 | |||||||||||||||
| Support Costs: | |||||||||||||||||||||||
| Acoeurltlng | 4&060 | 100 | (5,160) | 1,000 | |||||||||||||||||||
| Support costs- | |||||||||||||||||||||||
| StaffCosts | 4,962 | 45,086 | 4,962 | (61,207) | 6.196 | ||||||||||||||||||
| Support costs— Administration |
15,502 | (15,590) | 88 | ||||||||||||||||||||
| Support costs— | |||||||||||||||||||||||
| Office | 6.739 | 2, | 100 | (8,839) | |||||||||||||||||||
| Total | |||||||||||||||||||||||
| expenditure | |||||||||||||||||||||||
| 2021 | 4 | 962 | 38.269 | 19.493 | 64385 | 6,656 | 57.301 | 7 | 284 | 198350 | 198.350 | ||||||||||||
| Total | |||||||||||||||||||||||
| expenditure | |||||||||||||||||||||||
| 2021 | 5&006 | 24.821 | 18&093 | 63&422 | 6~656 | 51&673 | 7&803 | 177&474 | 177,474 |
| ' | Unrestricted', | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| 2021 | 2020 | ||||
| Salaries | 4,975 | 4,975 | 4,876 | ||
| Accountancy | Fees | 1,000 | 1,000 | 1,000 | |
| Audit Fees | 1,320 | 1,320 | 1,320 | ||
| Financial Costs | 83 | 83 | 88 | ||
| 7,378 | 7,378 | 7,2&4 |
| his is stated after charging | / (crediting): | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| ~Oeratiiljg Lease rentals | 11,750 | 11,750 | ||
| Staffpension contributions | 3,360 | 3,558 | ||
| Depreciation oftangible | fixed assets | 11.183 | 10,611 | |
| Auditors' remuneration |
—audit ofthe financial | statements | 1,320 | 1,320 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Wages and Salaries | 91,536 | 103,568 | |||
| Social Security Cost | 4,121 | 5,832 | |||
| Pension costs | 3&360 ~103 I |
~3558 ~ll2 51 |
|||
| Pension costs represent | the employer's | contribution | (5%ofsalary) to the Stakeholder | Pension Scheme | |
| managed by the Co-operative |
Insurance | Society in | respect oftwo members ofstaff. |
| Equipment | Furniture | Minibus | IT | Total | |||
|---|---|---|---|---|---|---|---|
| &Fittings | Hardware | ||||||
| &Software | |||||||
| 8 | |||||||
| COST | |||||||
| At April 2020 | 18,633 | 37.977 | 33)279 | 18)422 | 108,312 | ||
| Additions | 945 | i | 21,907 | 22,852 | |||
| Disposals | |||||||
| At 31March 2021 | 19,578 | 37,977 | 33~279 | 40)329 | 131,163 | i | |
| DEPRECIATION | |||||||
| At April 2020 | 14)218 | 32,548 | 32,094 ' |
18,422 | 97,283 | ||
| Additions | 1,340 | 1,357 | 1,184 | 7,301 | 11,183 | ||
| Disposals | |||||||
| At 31March 2021 | 15&558 | 33)906 | $3&279 | 2~5724 | 108,466 | ||
| NET BOOKVALUE | 4020 | ~4071 | ~14605 | ~22 697 | |||
| At 31March 2021 | |||||||
| At 31March 2020 | 4,415 | 7209 | 7.840, | 11 29 |
| 3.DEBTORS | ||
|---|---|---|
| 2021 | 2020 | |
| Other Debtors &Gift Aid Prepayments |
82,773 2 737 |
20,103 ~25 5' |
| 85 10 | ~226$$ |
| General | Designated | Restricted | Total | ||
|---|---|---|---|---|---|
| Funds | Fund | Fund | |||
| 8 | 8 | ||||
| Tangible | Fixed Assets | 8,091 | 14,605 | 22,696 | |
| Current Current |
Assets Liabilities |
267,501 12374 |
13,734 | 28,731 ~8.33 |
309,966 ~207 |
| ~3218 | ~13734 | ~35003 | ~311955 |
| ' , |
General | Designated | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| i | Funds | Fund | Fund | ||||||
| 8 | |||||||||
| Tangible | Fixed Assets | 11,029 | I | 11,029 | |||||
| i | Current | Assets | 217,283 | 13,734 | i | 13,514 | 244,531 | ||
| Current | Liabilities | ~3347 | 8333 | ~ll 680 | |||||
| ~224 285 | ~13734 | 5 181 | 243 880 |
| 2021 | ||||
|---|---|---|---|---|
| ' | Operating | leases commitments | ||
| Within | 1 | year | 11,750 | |
| i | Within | 2 | to 5 years inclusive | 47,000 |
| After 5 | vears | |||
| 58,750 |
| Under I | Over I | Total | |||
|---|---|---|---|---|---|
| ear | ear | ||||
| At start date I April 2020 | 8,333 | 0 | 8,333 | ||
| Additions | during the year | 50,000 | 0 | p ppp | |
| I | Amounts | released to income | 50,000 | 0 | 50,000 |
| At end date 31March 2021 | 8,333 | 0 | 8,333 |