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2021-03-31-accounts

Chairman's
statement
Trustees'
report		 2-8
Statement
ofTrustees'		 responsibilities
independent
auditor's		 report 10-13
Statement offinancial activities 14
Balance sheet 15
Statement ofcash flows
Notes to the financial statements 17-29

Unrestricted Unrestricted Restricted Total
funds funds funds
general designated
Notes 2021
6		 2021
6		 2021
6		 2021f 2020
6
Inc
de
Donations
and legacies		 3 69,264 62,655 117,721 249,640 26'7,586
Charitable
activities		 4 303,078 303,078 651,706
Investments 5 82 82 181
Other income 6 205,482 205,482 3,914
Total income 577,906 62,655 117,721 758,282 923,387
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Charitable
activities		 6 520,403 70,527 86,481 677,411 918,177
Net income forthe year/
Net movernsnt in funds 57,503 (7,872) 31,240 80,871 5,210
Fund balances at 1 April 2020 121,118 67,377 21,522 210,017 204,808
Fund balances at 31 March 2021 178,621 59,505 52,762 290,888 210,018

2021 2020
Notes 6 6
Fixed assets
Tangible assets 13 53,438 59,596
Current assets
Debtors 14 83,250 83,210
Cash at bank and in hand 244,817 119,045
328,067 202,255
Creditors: amounts falling due within
one year 15 (90,617) (51,833)
Net current assets 237.450 150,422
Total assets less current liabgities 290,888 210,018
income funds
Restricted funds
~U'
d d N		 d 17 52,762 21,522
Designatedfunds 18 59,505 87,377
General
unrestricted		 funds 178,621 121,119
238,126 188,496
290,888 210,018
The financiai statements were approved by the Trustees on .~((....(...t.......
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2021 2020
Notes 6 6
Cash flows from operating activities
Cash generated
from operations		 21 76,772 10,860
Investing
activities
Purchase oflarigible fixed assets (1,082) (20,216)
Investment
income received		 82 181
Net cash used in investing activities (1,000) (20,035)
Financing
activities
New Loans 50,000
Net cash generated
from/(used		 in)
financing
activities		 50,000
Net increase/(decrease)
in		 cash and cash
equivalents 125,772 (9,175)
Cash and cash equivalents at beginning ofyear 119,045 128,220
Cash and cash equivalents at end ofyear 244,817 119,045

Unrestricted Unresbtcted Restricted Total Total
funds funds funds 2021 2020
f. designated f f
Donations
and gifts		 69,264 62,655 'f17,721 249,640 267,586
Forthe year ended 31 March 2020 55,029 111,529 101,028 267,586
Donations and gifts
Stewart investors 10,000 10,784 20,784 25,000
London Borough ofRedbridge-
Mayor's Appeal 64,365
BBCChildren
in Need		 35,357 35,357 33,470
The London
Marathon		 15,300 I5,300 10,000
National
Lottery Fund		 34,805 34,805
Rangoonwala
Foundation		 20,600
Brookfleld Properties 10,000 10,000 20,053
O2E - Ordinary
2 Extraordinary		 23,000 23,000 25,000
The London
Community		 8,100 8,100
LBRCovid Support -Adults 10,590 10,590
The Joseph K Lilian Sully Foundation 5,000 5,000 5,000
Other 19,655 2,785 86,704 84,098
69,264 62,655 1'l7,721 249,640 267,586
Charitable
activities
Orchard Playwcrk Traneitioo Total Total
Project activities project 0021 0020
2021 0021 2021
Services provided
under contract
and direct funding. 232,297 69,745 1,036 303,078 651,706
Investments
2021f 2020
Interest receivable 82 181

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Support Governance 2021
costs costs
f
Audit fees 3,600 3,600 3,600
Accountancy 1,800 1,800
Legal and professional 3,220 3,220 3,253
Trustee insurance 990 990 990
Bank charges 1,107 1,107 1,683
10,717 10,717 9,526
Analysed between
Charitable activities 10,717 10,717 9,526

The average
monthly
number af employees
during t		 he year was:
2021 2020
Number Number
Total 64 67
Employment
costs		 2021f 2020f
Wages and salaries 454,557 583,751
Social security costs 24,689 34,161
Other pension costs 7,850 9,382
487,096 627,294

Tangible fix ed asset s
Land and Plant and talnlbas Total
bulldlnas machlneir
K 6
Cost
At 1 April 2020 83,761 41,474 18.000 143,235
Additions 1,082 1,082
At 31 March 2021 83,761 42,556 18,000 144,317
Depreciation and impairment
At 1 April 2020 42,264 36,875 4,500 83,839
Depreciation charged in the year 219 2,521 4,500 7,240
At31 March 2021 42,483 39,396 9,000 90,879
Canylng
amount
At31 March 2021 41,278 3,160 9,000 53,438
At 31 March 2020 41,497 4,599 13.500 59,596
The carryi ng
 value of land included
in land and buildings
comp		 rises.
2021 2020
8 8
Freehold 40,040 40,040
14 Debtors
2921 2020
Amounts falling due within one year: 6 8
Trade debtors 49,041 77,651
Prepayments and accrued income 34,209 5,559
83,250 83,210

Creditors: amounts
falling due within one year
2021 2020
Notes E 5
Bank loans 50,000
Other taxation and social security 5,840 24,001
Deferred income 16 19,895 7,509
Trade creditors 3.783 13,388
Other creditors 65 251
Accruals and deferred income 11,034 6,684
90,617 51,833

2021 2020
8 8
19,895 7,509

22ovement
in funds		 22ovement
in funds		 22ovement
in funds		 Movement Movement in
funds
Balance at lncomlus Resources Transfers Balance at Incomlhs Resources Balaace al
1April resources expended 1Aple resources expended N March
2010f 2020
f		 f 2021
f
Other 2,149 (4,688) 2,639 - 23,400 (15,300) 8,1DD
Jack Petchey Awards for
Ail 1,294 (1,294) 1,038 (1,038)
Redbridgs Playbuildsr 1,948 (487) 1,461 (365) 1,096
Toy Trust 2,001 (2,003) 2
XLCatlfn Services SE 3,738 (3,798) 60
Grange Farm Trust 2,714 (2,560) 154 (154)
Lions Club 5,500 (1,375) 4,125 (1,375) 2,750
The Rotary Club of
Loughton, Buckhurst Hill
&Chigwell 1,400 (1,400)
Toyota Fund fora Better
Tomorrow 1,500 1,300 (1,936) (864)
The Baily Thomas
Charitable Fund 10,000 (10,000)
Stewart Investors 25,000 (25,140) 140 - 10,784 (9,115) 1,669
BBCChildren
in hleed		 33,470 (24,278) - 9,192 31,857 (13,455) 27,594
Bancroft's School 10,000 (9,802) - 198 - (198)
BBCChildren
in Need
COVID emergency fund 20,600 (27,972) 7,372 3,500 (3,500)
COOP Local Community
Fund 2,940 (1,597) 1,343 1,747 (1,342) 1,748
Nationwide Building
Society 4,495 (354) 4,141 (4,141)
Barkingside Rotary Club 1,929 (1,885) (44)
National
Lottery fund		 34,805 (25,000) 9,805
LBRCovid adults 10,590 (10,590)
30,950 101.028 (110,569) 'l13 21,522 117,721 (86,481) 52,762

21 Cash generated
from		 operations 2021 2020
8
Surplus for the year 80,871 5,210
Adjustments
for.
Investment
income recognised		 in statement offinancial activities (82) (181)
Depreciation
and impairment
oftangible fixed assets		 7,239 7,028
Movements
in working		 capital:
(increase)
in debtors		 (40) (19,009)
(Decrease)/increase in creditors (23,602) 32,764
increase/(decrease) in deferred income 12,386 (14,952)
Cash generated
from		 operations 76.772 10,860
22 Analysis ofchanges in net funds
At l April 2020 Cash ncarsAt 31March 2021
5
Cash at bank and in hand 119,045 125,772 244,817
Loans falling due within one year (50,000) (50,000)
119,045 75,772 194,817