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|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|
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|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|||
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|||||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||||||||
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||||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)|
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|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|
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|||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|
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Funds|
||||||||2021|2020|
||||||||8||
|Bank|interest|receivable|-|deposits|103|0|103|344|
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|.|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|
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|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||
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|||||||||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|
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|||'|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|
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|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|
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|||||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.||
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||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||
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|3.DEBTORS|||
|---|---|---|
||2021|2020|
|Other Debtors &Gift Aid
Prepayments|82,773
2 737|20,103
~25 5'|
||85 10|~226$$|
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|||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|
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||||'
,|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|
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|||||2021|
|---|---|---|---|---|
|'|Operating||leases commitments||
||Within|1|year|11,750|
|i|Within|2|to 5 years inclusive|47,000|
||After 5|vears|||
|||||58,750|
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||||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|
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