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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|||
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|||||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|
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|||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|
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|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|
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|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||
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|---|---|---|---|
|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|
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|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|
|||2022|2021|
|---|---|---|---|
|||No.|No.|
|Charitable|activities|9.4|10.1|
|Support activities||0.8|0.8|
|||10.2|10.9|
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|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|
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||FOR THE YEAR EN|DED 31sr MARCH 2022
lcontd...|||
|---|---|---|---|---|
|15.|ANALYSIS OF NET ASSETS|Unrestricted|Restricted|Total|
||BETWEEN FUNDS|Funds|Funds|Funds|
|||6||6|
||Fixed assets|278||278|
||Current assets|213,375|48,383|261,758|
||Current
liabilities|(4,615)|(36,828)|(41,443)|
||At 31 March 2022|6209,038|611,555|8220,593|
|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|
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