| CONTENTS | PAGE | |
|---|---|---|
| Trustees Annual Report |
||
| Independent Examiner's |
report | |
| Statement of Financial Activities | ||
| Income and Expenditure | Account | |
| Balance sheet | ||
| Notes to the Financial Statement | 10 |
| REFERE | NCE AND AD | NCE AND AD | MINISTRA | TIVE DETAILS |
|---|---|---|---|---|
| Registered | charity name | THE FURZEDOWN PROJECT | ||
| Charity registration | number | 1076087 | ||
| Company | registration | number | 3662469 | |
| Principal | and Registered | office | 91-93Moyser Road | |
| London | ||||
| SW166SJ |
| London SW166SJ |
|||||
|---|---|---|---|---|---|
| The Trustees | |||||
| The nustees | who served during the period were as follows: | ||||
| Elected Trustees: | Liz Sines (Chair) | ||||
| Elvette Bryan | |||||
| Mike Richards (Treasurer | —resigned 6 October 2021) | ||||
| Graham Loveland (Treasurer - appointed |
6 October 2021) | ||||
| Jane Fisher | |||||
| Rosemary Scott |
|||||
| John Farebrother (resigned |
6 October 2021) | ||||
| Gillian Mires (resigned 6 | October 2021) | ||||
| Ilaben Patel (resigned 6 October 2021) | |||||
| Gwen Race (resigned 6October 2021) | |||||
| Ann Harris (resigned 6 October 2021) | |||||
| Diane Norman (resigned 6October 2021) |
|||||
| Martin Beaver (appointed | 6October 2021) | ||||
| Rev Dr Sue Clarke (appointed 6 October |
2021 | ||||
| Yvonne Mason (appointed | 6 October 2021) | ||||
| Susan Pearson (appointed | 6October 2021) | ||||
| Company | Secretary | Pius Gnanapragasam | |||
| Project Director | James Atkins | ||||
| Bank | CAF Bank Ltd | ||||
| 25 Kings Hill Avenue | |||||
| Kings Hill, West Mailing | |||||
| Kent ME194JQ | |||||
| Independent | examiner | Arif Mal ida | |||
| Chartered Accountants |
|||||
| 66Moyser Road | |||||
| London SW166SQ |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| Funds | Funds | 2022 | 2021 | ||||
| Note | 6 | ||||||
| INCOME FROM | |||||||
| Donations, grants and |
legacies | 52,396 | 81,083 | 133,479 | 219,709 | ||
| Charitable Activities |
|||||||
| Investment income |
36 | 36 | 103 | ||||
| Other income | 540 | 540 | |||||
| TOTAL INCOME | 52,972 | 81,083 | 134,055 | 219,812 | |||
| EXPENDITURE ON | |||||||
| Raising Funds | (]0,306) | (10,306) | (9,950) | ||||
| Charitable activities |
(36,368) | (132,944) | (169,312) | (134,409) | |||
| Governance Costs |
(6,615) | (6,615) | (7,378) | ||||
| TOTAL EXPENDITURE | (53,289) | (132,944) | (186,233) | (151,737) | |||
| NET INCOME / | (317) | (51,861) | (52,178) | 68,075 | |||
| (EXPENDITURE) | FOR THE | ||||||
| YEAR | |||||||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | forward | 14 | 276,952 | 35,003 | 311,955 | 243,880 | |
| Transfer between funds from | |||||||
| Unrestricted to restricted |
|||||||
| TOTAL FUNDS CARRIED | 14 | 276,635 | (16,858) | 259,777 | 311,955 | ||
| FORWARD |
| 2022 | 2021f | ||
|---|---|---|---|
| INCOME | 134,019 | 219,709 | |
| TOTAL EXPENDITURE | (186,233) | (151,737) | |
| OPERATING INCOME/(DEFICIT) | (52,214) | 67,972 | |
| Interest receivable | and similar income | 36 | 103 |
| NET INCOME / | (EXPENDITURE) | (52&178) | 68,075 |
| 31 MARCH | 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| FIXEDASSETS | Note | ||||
| Tangible Assets |
11 | 19,522 | 22,697 | ||
| CURRENT ASSETS | |||||
| Debtors | 12 | 66,705 | 85,510 | ||
| Cash at bank and in hand | 189794 | 224 455 | |||
| 256,499 | 309,965 | ||||
| LIABILITIES: | |||||
| Creditors: Amounts falling due within |
one year | 13 | ~16243 | 20 707 | |
| NET CURRENT ASSETS | 240,256 | 289,258 | |||
| TOTAL ASSETSLESSCURRENT | ~259 777 | ~311955 | |||
| LIABILITIES | |||||
| TOTAL NET ASSETS | ~269029 | ~11955 | |||
| FUNDS | |||||
| Restricted income funds | 14 | 26,737 | 35,003 | ||
| Designated Funds |
14 | 3,126 | 13,734 | ||
| Unrestricted income funds |
14 | 229 914 | 263 218 |
| INCOME F | ROM DONATIONS, GRA | NTS AND LEG | ACIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2022 | 2021 | ||||
| Donations: | |||||
| Donations | 29,691 | 29,691 | 11,753 | ||
| Legacy | 8,949 | ||||
| Gift Aid | 1 | ||||
| Grants receivable: | |||||
| Wandsworth | Borough Council | 640 | 58,200 | 58,840 | 58,200 |
| Thrale RIN Grants | 2,000 | 2,000 | |||
| Battersea Power Station Foundation— | 8,333 | 8,333 | 50,000 | ||
| Outreach Services |
|||||
| Wandsworth | Clinical Commissioning |
14,550 | 14,550 | 9,000 | |
| Group- Keep | Fit Classes | ||||
| Covid-19 Grants | 20,065 | 20,065 | 57,444 | ||
| Grant from City Bridge Trust for IT | 24,266 | ||||
| Sponsorship: | |||||
| Membership | Fees | 100 | |||
| ~52 |
| INCOME FROM CHARITABLE | ACTIVITIES | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2022 | 2021 | |||
| Shop Income | ||||
| Fundraising Events |
||||
| Other Activities: | ||||
| Other Activities - Exercise Classes | ||||
| Other Activities —Raffles | ||||
| Other Acflvities |
| 4.INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2022 | 2021 | |||
| Bank interest receivable - deposits | 36 | 36 | 103 | |
| 5.OTHER INCOME | ||||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2022 | 2021 | |||
| Other Income | ||||
| TAps | ||||
| Trailsport | ||||
| Hire ofPremises | 540.00 | 540.00 | ||
| ~54 .00 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||||
| 2022 | 2021 | ||||||||
| Costs of | activities, | salaries, | accounting | 17,053 | 113,601 | 130,654 | 107,571 | ||
| and other | costs | ||||||||
| Office costs | 18,201 | 5,236 | 23,437 | 11,833 | |||||
| Administration | costs | 1,109 | 14,072 | 15,181 | 15,005 | ||||
| Volunteer | expenses | 5 | 35 | 40 | |||||
| ~36368 | 132,944 | 169 | 312 | ~134409 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| 2022 | 2021 | ||||
| Salaries | 5,153 | 5,152 | 4,975 | ||
| Accountancy | Fees | 1,000 | |||
| Independent | examination | Fees | 1,350 | 1,350 | 1,320 |
| Financial Costs | 112 | 112 | 83 | ||
| ~6615 | ~61 | ~7378 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Operating Lease rentals |
11,750 | ]1,750 | |||
| Staffpension | contributions | 2,852 | 3,360 | ||
| Depreciation | oftangible fixed assets | 8,536 | 11,183 | ||
| Independent | examiner*s remuneration | —independent | 1,350 | 1,320 | |
| examination | ofthe financial | statements |
| as follows: | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| No. | No. | |||||
| Number ofadministrative | staff | 3 | 3 | |||
| The actual monthly | number | ofemployees | during | the year | was as follows: | |
| 2022 | 2021 | |||||
| No. | No. | |||||
| 3 |
| Equipment | Furniture | Minibus | IT | Total | |
|---|---|---|---|---|---|
| &Fittings | Hardware | ||||
| &Software | |||||
| COST | |||||
| At April 2021 | 19,578 | 37,977 | 33,279 | 40,329 | 131,163 |
| Additions | 945 | 4,416 | 5,361 | ||
| Disposals | |||||
| At 31March 2022 | 20,523 | 37,977 | 33,279 | 44,745 | 136,524 |
| DEPRECIATION | |||||
| At April 2021 | 15,558 | 33,906 | 33,279 | 25,724 | 108,466 |
| Additions | 1,241 | ],018 | 6,277 | 8,536 | |
| Disposals | |||||
| At 31March 2022 | 16,799 | 34,923 | 33,279 | 32,001 | 117,002 |
| NET BOOK VALUE | ~3724 | ~3054 | ——— | ~12744 | ~19522 |
| At 31March 2022 | |||||
| At 31March 2021 | ~4020 | ~4071 | ——— | ~14605 | ~22 697 |
| .DEBTORS | ||
|---|---|---|
| 2022 | 2021 | |
| Other Debtors | 64,824 | 82,773 |
| Prepayments | 1881 | 2737 |
| ~85510 |
| nd bala | nces at 31March 20 | 22 are represented by |
: | ||
|---|---|---|---|---|---|
| General | Designated | Restricted | Total | ||
| Funds f | Fund | Fund | |||
| Tangible | Fixed Assets | 6,778 | 12,744 | 19,522 | |
| Current | Assets | 230,129 | 3,126 | 23,243 | 256,498 |
| Current | Liabilities | ~6993 | ~9250 | ~16 43 | |
| ~229914 | 3~126 | ~26737 | ~259 777 |
| nd bala | nces at 31March 20 | 21 are represented by |
: | ||
|---|---|---|---|---|---|
| General | Designated | Restricted | Total | ||
| Funds | Fund | Fund | |||
| f | f | ||||
| Tangible | Fixed Assets | 8,091 | 14,605 | 22,696 | |
| Current | Assets | 267,501 | 13,734 | 28,731 | 309,966 |
| Current | Liabilities | ~l2 374 | ~8333 | L220770077 | |
| ~263218 | 13734 | 35003 | 3~11 955 |
| se by giv | ing the lessor 6months written notice. |
|
|---|---|---|
| 2022 | ||
| Operating | leases commitments | |
| Within I | year | 11,750 |
| Within 2 | to 5years inclusive | 35,250 |
| After 5years |
| .Ana | lys | is of | cas | h a | nd cash | equivalents | ||
|---|---|---|---|---|---|---|---|---|
| At 1April 2021 | Cash flows | At 31March 2021 | ||||||
| Cash | at | bank | and | in | hand | f224,455 | (634,661) | f189,794 |
| Under | 1 | Over 1 | Total | ||||
|---|---|---|---|---|---|---|---|
| year | year | ||||||
| At start date | 1 April 2021 | 8,333 | 8,333 | ||||
| Additions | during | the year | 50,000 | ||||
| Amounts | released | to income | 8,333 | 0 | 50,000 | ||
| At end date | 31March 2022 | 0 | 8,333 |