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|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|
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|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|||
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|||||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||||||||
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|||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|
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||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|
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|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||||
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|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|||||
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|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||
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||||||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|
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||||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|
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|||||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||||
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|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||
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||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|
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|.DEBTORS|||
|---|---|---|
||2022|2021|
|Other Debtors|64,824|82,773|
|Prepayments|1881|2737|
|||~85510|
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|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|
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|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|
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|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|||
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|.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|
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|||||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|
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