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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|||
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|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|||
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|||||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||||||||
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|||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)|
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|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|
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|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||
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|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|
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||||||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|
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||||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|
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|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|
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|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|
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|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|
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||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|||||||
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|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|
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|.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||
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|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|
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|||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~|
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||||2023|
|---|---|---|---|
|Operating||leases commitments||
|Within|1|year|12,534|
|Within|2|to 5years inclusive|12,534|
|Alter 5|years|||
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