2022-03-31-accounts - Volunteer Centre Kensington & Chelsea

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Legal and Administrative	Legal and Administrative	Information
Report ofTrustees
Structure, Governance		and Management
Objectives, Vision, Mission and Values
Activities
Core Services
Wellbeing
Community Champions			14
Resettlement
Employment
The Grenfell Tower fire		and the Covid-19 Pandemic	20
New Arrivals			21
Financial Review
Risk Management
Strategic Performance			25
Reserves Policy			26
Investment Policy			26
Future Plans			2?
Financial Sustainability		and Going Concern	28
Statement ofTrustees'		Responsibilities	29
Independent Auditors	Report		50
Statement ofFinancial		Activities
Notes tothe Financial	Statements

				Unrestricted	Restricted	2022	2021
			Notes	Funds f	Funds 8	Totalf	Totalf
Income
Donations	and grants			49		49	218
Charitable	activides			301,208	189,702	490.910	543,413
Investments				881		881	101
Total				302,138	189,702	491,840	543,732
Expenditure
Charitable	activities		5	265,341	241,328	506,669	495,584
Total				265,341	241,328	506,669	495,584
Net Income/(expenditure)			9	36,797	(51,626)	(14,829)	48,148
Transfer between funds			14	(62,199)	62,199
Net movement in funds				(25,402)	10,573	(14,829)	48,148
Reconciliation offunds
Total funds	brought	forward	14	234,440	982	235,422	187,274
Total funds	carried	forward	14	f209,038	811,555	8220,593	8235,422

		FOR THE YEA	R ENDED 31	sr MARCH 20	22
					2022	2021
				Notes		f.
Cash flows from operating		actlvitkrs
Net movement in funds					(14.829)
Adjustments for:
Depreciafion					279	2,502
Interest receivable					(881)	(101)
(Increase)/Decrease in debtors					(17,699)	10,239
(Decrease)/increase in creditors					16,916	5,624
Net cash (used In)/provided		by operating	acgvtges		(16,214)	66,412
Cash flows from investing		acgvtttes
Interest received						101
Purchase oftangible fixed assets
Net cash (used in)iprovided		by investing	acgvttles			101
Change In cash and cash equivalents					(15,333)	66,513
Cash and cash equivalents	brought forward				238,173	171,660
Cash and cash equivalents		carried forward			6222,840	6238,173
Analysis ofcash and cash		equivalents
Cash at bank and in hand					6222,840	6238,173

2.	DONATIONS AND GRANTS	DONATIONS AND GRANTS		Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
	Donations			849	ENII	849	8218
	All ofthe f218recognised	in 2021 related		to unrestricted	funds.
3.	INCOME FROM CHARITABLE			Unrestricted	Restricted	Total	Total
	ACTIVITIES			funds	funds	2022	2021
				6	6	6	8
	Volunteer Brokerage
	Royal Borough ofKensington		and
	Chelsea			128,287		128,287	135,066
	Kensington and Chelsea	Social
	Council			6,328		6,328	7,700
	National Lottery Awards	For All
	The Greater London Authority
	Westway Trust
	Consulting snd training fees			1,000		1,000	400
	Employment
	Campden Charides			108,000		108,000	129,500
	Well-being
	Royal Borough ofKensington		and
	Chelsea				30,000	30,000	30,000
	Tudor Trust				30,000	30,000	30,000
	West London Clinical Commissioning
	Group
	Kensington and Chelsea	Social
	Council				43.841	43,841	27,190
	Other				1,000	1,000
	Resetllement Scheme
	City Bridge Trust				35,500	35,500	57,500
	Ambassadors
	Kensington &Chelsea Foundation				28,333	28,333
	Royal Borough ofKensington		and
	Chelsea						10,000
	Community Champions
	Royal Borough ofKensington
	and Chebea			47,000	9,000	56,000	62,146
	The Kensington and Chelsea
	Foundation						10,410
	Kensington &Chelsea Social		Council		6,026	6,026
	West London Clinical Commissioning
	Group				5,000	5,000	5,000
	Training and Consultancy
	Other				1,002	1,002
	Could Related Grants			10,593		10,593	38,501
				8301,208	8189,702	6490,910	8543,413

4.	INVESTMENT INCOME		Unrestricted	Unrestricted	Restricted		Total		Total
				funds	funds		2022		2021
	Bank interest			f881	ENil		E881		f101
	All ofthe f101received	in 2021 are unrestricted		funds.
5.	EXPENDITURE ON CHARITABLE			Direct	Support		Total		Total
	ACTIVITIES			cosh	costs		2022		2021
	Volunteering services		f364,532		E142,137	E506,669		f495,584
	Of the E495,584 expenditure recognised		in 2021, f236,034 was charged				to unrestricted		funds
	and f259,550was charged to restricted		funds.
6.	ANALYSIS OF DIRECT	COSTS					2022 f		2021 E
	Staff costs						342,879	356,854
	Other direct costs						21,653		15,613
						f364,532		f372,467
7.	ANALYSIS OF SUPPORT COSTS								2021
									E
	Staffcosts						65,215		66,799
	Of8ce costs						47,636		27,950
	Premises costs						22,239		20,555
	Governance costs (see Note 8)						7,047		7,813
						f142,137		f123,117
8.	GOVERNANCE COSTS						2022		2021f
	Audit and accounts fees						2,909		3,545
	Trustees meetings and insurance						495		542
	Staff costs						3,643		3,726
							E7,047	E7,813


NET INCOME/(EXPEN	ITURE) FOR THE YEAR	2022	2021
The net income for the	year is stated after charging:
Operating lease rentals Depreciation oftangible Auditor's remuneration	fixed assets —audit services —non audit services	E22,239 E279 E2,409 E500	E19,332 E2,502 E2,845 E700

STAFF
COSTS AND NUMBERS	2022	2021
Staff costs were as follows:	E	E
Wages and salaries Social security costs Pension costs	340,240 29,223 18,611	356,090 30,722 19,429
	388,074	406,241
Recruitment and training costs Freelance fees	2,232 21,431	1,249 19,889
	F411,737	E427,379

11ASSETS		/contd. ..
. FIXED				Computer
				Equipment
				8
Cost:
Balance at 1 April 2021 Additions				13,298
Disposals				(12,184)
Balance at 31March	2022			1,114
Depreciation:
Balance at 1 April 2021 Charge for the year				12,741 279
Depreciation on disposal				(12,184)
Balance at 31 March	2022			836
Net book value:
At 31 March 2022				6278
At 31 March 2021				8557
12. DEBTORS			2022	2021
				6
Trade debtors Prepayments and accrued income			38,017 817	20,400 819
Other debtors			84
			838,918	821,219
13. CREDITORS —Amounts		falling due within one year	2022f	2021 6
Trade creditors Accruals and deferred Other creditors	income		320 41,123	2,624 21,833 70
			641,443	824,527
Deferred income analysis
As at 1 April 2021 Additions during the year Amounts released to income				18,500 36,828 (18,500)
As at 31 March 2022				636,828

Compar	ative information for the prev	ious financial year isas follows:
		Unrestricted	Restricted	Total
		Funds	Funds	Funds
		6		6
Fixed assets		557		557
Current	assets	239,910	19,482	259,392
Current	liabilities	(6,027)	(18,500)	(24,527)
At 31 March 2021		6234,440	6982	6235,422