OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

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

REFERE NCE AND ADMINISTRAT NCE AND ADMINISTRAT NCE AND ADMINISTRAT NCE 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
SW166SJ
The Trustees
The trustees who served during the period were as follows:
Elected Trustees:
Graham
Loveland (Chair)
Rev Dr Sue Clarke
ESayce (Treasurer —appointed 20/01/2023)
Rosemary Scott
Martine Davies (appointed 20/01//23)
Martin Beaver
Susan Pearson
Moira Harbord
Company Secretary Pius Gnanapragasam
Manager Sandra Shaw
Bank CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailing
Kent ME194JQ
Independent examiner Arif Malida
Chartered
Accountants
66Moyser Road
London SW166SQ

Unrestricted Restricted Total Total
Funds Funds
Funds Funds 2023 2022
Note
INCOME FROM
Donations,
grants and		 legacies 12,764 72,915 85,679 133,479
Charitable
Activities		 20,569 5,247 25,816
Investment
income		 1,207 1,207 36
Other income 3,363 3,363 540
TOTAL INCOME 37,903 78,162 116,065 134,055
EXPENDITURE ON
Raising Funds (9,895) (9,895) (10,306)
Charitable
activities		 (107,319) (111,374) (218,693) (169,312)
Governance
Costs		 (6,652) (6,652) (6,615)
TOTAL EXPENDITURE (123,866) (111,374) (235,240) (186,233)
NET INCOME / (85,953) (33,212) (119,175) (52,178)
(EXPENDITURE) FORTHE
YEAR
RECONCILIATION OF
FUNDS
Total funds brought forward 14 233,040 26,737 259,777 311,955
Transfer between
funds from		 (17,313) 17,313
Unrestricted
to restricted
TOTAL FUNDS CARRIED 15 129,764 10,838 140,602 259,777
FORWARD

2023 2022
5 5
INCOME 114,858 134,019
TOTAL EXPENDITURE (235,240) (186,233)
OPERATING INCOME/(DEFICIT) (120,382) (52,214)
Interest receivable and similar income 1,207 36
NET INCOME / (EXPENDITURE) (119,175) (52,178)

INCOME F ROM DON ATIONS, GRA NTS AND LEG NTS AND LEG ACIES
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
6 6
Donations:
Donations 7,310 7,310 29,691
Grants receivable:
Wandsworth Borough Council Contract 60,528 60,528 58,840
Wandsworth Borough Council Keep Fit 10,000 10.000 2,000
Battersea
Power
Station Foundation—		 8,333
Outreach Services
Wandswotth Clinical Commissioning 14,550
Group- Keep Fit Classes
Covid-19 Grants 20,065
Wandsworth Borough Council - Other 525 525
Warm Spaces Grant
Sponsorship: 2,387 2,387
Membership Fees 4,929 4,929
12 764 72915 ~85679 133479

INCOME FROM CHARITABLE ACTIVITIES ACTIVITIES
Unrestricted Restricted Total Funds Total
Funds Funds 2023 Funds
20122
Shop Income 991 991
Fundraising
Events		 5,617 5,617
Other Activities: 13,220 13,220
Other Activities - Exercise Classes 5,247 5,247
Other Activities —Raffles 151 151
Other Activities 590 590
20 569 ~5247 2~5816

NVKSTMKNT INCO ME
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
6
Bank interest receivable - deposits 1 207 1207 36
OTHER INCOME
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
g g
Trips 423 423
Transport 20 20
Hire ofPremises 2 920 2 920 540
3 363 ~3363 540

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2022
6 6
Costs of activities, salaries, accounting 73,809 73,300 147,109 130,654
and other costs
Office costs 17,127 22,919 40,046 23,437
Administration costs 15,746 15,155 30,901 15,181
Volunteer expenses 637 637 40
107319 ~111374 ~218693 2IIK312

Unrestricted Total Total
Funds Funds Funds
2023 2022
6 6 6
Salaries 4,948 4,948 5,152
Independent Examiner's Fees 1,500 1,500 1,350
Financial Costs 204 204 113
~6652 6652 6615

is is stated atter charging / (crediting);
2023 2022
Operating
Lease rentals		 18,213 11,750
Staffpension contributions 1,597 2,851
Depreciation oftangible fixed assets 16,849 8,536
Independent
Examiner's		 remuneration 1,500 1,350

STAFF COSTS AND EMOLUMENTS
Total staff costs were as follows:
2023 2022
Wages and Salaries 105,890 104,578
Social Security Cost 9,952 4,330
Pension costs I 597 2 851

The average number
as follows:		 ofemp loyees
during		 the year, calculated on the basis offull-tim e
equivalent,
2023 2022
No. No.
Number ofadministrative staff 4 4
The actual monthly number ofemployees during the year was as follows:
2023 2022
No. No.
4 3

Equipment Furniture Minibus IT Total
dk Fittings Hardware
41 Software
COST
At April 2022 20,523 37,977 33,279 44,745 136,524
Additions 2,410 2,410
Disposals
At 31March 2023 20,523 37,977 33,279 47,155 138,934
DEPRECIATION
At April 2022 16,799 34,923 33,279 32,001 117,002
Additions 931 763 15,154 16,848
Disposals
At 31March 2023 17,730 35,687 33,279 47,155 133,851
NET BOOKVALUE
At 31March 2023
At 31March 2022

12.DEBTORS
2023 2022
8 3
Other Debtors 64,824
Prepayments 2 000 1881
~2000 ~66705
13.CREDITORS: Amounts falling due within one year
2023 2022
Taxation and social security 4,007 4,122
Accruals, Creditors 12752 12 121
~167 9 ~1243

.MOVEMENT IN FUNDS
Balance at Incoming Outgoing Transfers Balance at
IApril Resources Resources 31March
2022 2023
6
Restricted Fund— 10,688 (15,154) 4,466
ITProject
Restricted Fund- 16,049 60,528 (66,306) 10,271
W'worth BC Contract
Restricted Fund— 15,247 (28,094) 12,847
Keep Fit Classes
Restricted Fund —Warm 2,387 (1,819) 568
Spaces
Designated Fund— 3,126 3,126
Redundancy
Unrestricted ~229 914 37904 ~123867) -17313 126,638
259 777 116066 L22240) ———— ~14

nd bala nces on 31March 20 23 are represented
by		 :
General Designated Restricted Total
Funds Fund Fund
Tangible Fixed Assets 5,083 5,083
Current Assets ]38,344 3,126 10,839 152,309
Current Liabilities ~8036 ~8753 ~16789
~L6l6

General Designated Restricted Total
Funds Fund Fund
Tangible Fixed Assets 6,778 12,744 19,522
Current Assets 230,129 3,126 23,243 256,498
Current Liabilities ~6993 L99250 ~16243
~59~

2023
Operating leases commitments
Within 1 year 12,534
Within 2 to 5years inclusive 12,534
Alter 5 years