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2023-03-31-accounts

Contents
Reference and Administrative
Details
Trustees' Report 2to7
Statement ofTrustees' Responsibilities
Independent
Examiner's		 Report 9to10
Statement of Financial Activities
Balance Sheet 12
Statement ofCash Flows 13
Notes to the Financial Statements 14to 27

Trustees: Omotoyosi
Akinfemiwa
David Amos
Bahar Choudhary
Tiong Chua
Henrietta
Cooke
Joanna Givens
David Moore
Krishan
Murari (resigned 15 November		 2022)
Mohammed
Pandor
Saiqa Pandor
Arthur
Ryser
Elizabeth
Ward
Secretary: Gerard Omasta-Milsom

1.IT Upgrade 10,176
2. Manor Gardens Joint Project 7,500
2. Fundraising 1,661
3.IPR Carers Bridging Fund 5,000
4.Development Fund 12,386
4.Social Policy Project 10,000
General
Fund		 182,176
Total Reserves 228,899
Going Concern

Islington
Core Grant		 230,000
Islington
Direct (net of Law Centre Payment)		 55,693
City Bridge Trust 58,293
Access for Work (DWP) 42,109
Thames Water Trust Fund 33,392
Cloudesley
Charity		 41,837
Trust for London 40,000
Camden
and Islington
NHS Foundation		 Trust:
1)Mental
Health Project		 43,506
2) Discharge
Facilitation		 Service 30,000

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Balance Sheet as at 31March 2023
2023 2022
Note f f
Fixed assets
Tangible assets 9,806 10,123
Current assets
Debtors 12 27,455 49,983
Cash at bank and in hand 13 291,813 232,260
319,268 282,243
Creditors: Amounts falling due within one year 14 (61,049) (76,360)
Net current assets 258,219 205,883
Net assets 268,025 216,006
Funds ofthe charity:
Restricted 39,126
Unrestricted
income		 funds
Designated
Funds		 46,723 39,223
General
Funds		 182,176 176,783
Total unrestricted funds 228,899 216,006
Total funds 15 268,025 216,006

S tatem e nt ofCash Flows for the Year Ended 31 March 2023
2023 2022
Note f f
Cash flows from operating activities
Net cash income 52,019 22,635
Adjustments
to cash		 flows from non-cash items
Depreciation 11 4,919 3,643
Investment
income		 5 (593) (48)
56,345 26,230
Working capital adjustments
Decrease
in debtors		 12 22,528 45,077
Increase/(decrease) in creditors 14 7,429 (14,676)
Decrease
in deferred		 income (22,740) (40,529)
Net cash flows from operating activities 63,562 16,102
Cash flows from investing activities
Interest receivable
and similar		 income 5 593 48
Purchase oftangible fixed assets 11 (4,602)
Net cash flows from investing activities (4,009) 48
Net increase
in cash		 and cash equivalents 59,553 16,150
Cash and cash equivalents at 1 April 232,260 216,110
Cash and cash equivalents at 31March 291,813 232,260

Unrestricted
Total Total
General Restricted 2023 2022
f f. f E'
Donations
and legacies;
Donations
from		 companies,
trusts and similar proceeds 3,000
Donations
from		 individuals 281 281 2,447
Grants,
including		 capital grants;
Job Retention
Scheme		 6,709
LBIslington
(Free legal		 advice
project) 230,000 230,000 230,000
Out ofdebt advice 23,487 23,487
Cloudsey development fund
project 30,000 30,000
Disability
Focus		 7,753
Trust for London 40,000 40,000 40,000
Richard Cloudesley 11,837 11,837 11,163
Islington
crisis grant		 5,000 5,000
Kidz Support 3,000 3,000 10,000
Islington
Direct		 99,499 99,499 132,252
London Catalyst / Hospital
Saturday
Fund		 7,639 7,639
Advice
UK		 2,000 2,000
Awards for All 10,000 10,000
Other 4,001 4,001
City Bridge 5,273 53,020 58,293 45,800
239,555 285,482 525,037 489,124

Unrestricted
Total Total
General Restricted 2023 2022
f E E f
Access to work 42,109 42,109 37,230
Mental Health Project 43,506 43,506 10,877
Camden & Isiington NHS
Foundation Trust 30,000 30,000 48,000
Other 948 948 1,000
Thames Water Trust Fund 33,392 33,392 33,392
64,340 85,615 149,955 130,499
5 Investment income
Unrestricted
funds Total Total
General 2023 2022
f E f
Interest receivable and similar income;
Interest receivable on bank deposits 593 593 48
6 Expenditure on raising funds
a) Costs ofgenerating donations and legacies
Unrestricted
Total Total
General 2023 2022
f f f
Fundraising 8,222 8,222 7,847

7
Expenditure
on char		 itable
activities
Total Total
2023 2022
Note f E
Staff costs 419,510 404,222
Health insurance 953 1,205
Agency and temporary staff 23,636 18,594
Training
and conferences		 3,440 211
Staff welfare 263 303
Travelling 532 271
Printing,
postage and stationery		 9,019 5,532
Sundries 1,232 917
Islington
Direct		 43,806 58,217
IPR Objective 3 7,066
Volunteer
expenses		 308 1,816
Grant funding ofactivities 17,751 7,850
Allocated
support costs		 95,508 82,985
615,958 589,189

Support c osts
Total Total
2023 2022
f f
Rent 35,210 35,738
Insurance 1,494 1371
Telephone and fax 8,474 8,224
Homeworking 2,648
Computer expenditure 35,809 22,224
Memberships and subscriptions 1227 1,138
AGM costs 2,119 1,277
Independent
examination		 3,266 2,722
Payroll 759 703
Legal, professional and consultancy 2,231 3,295
Bad debts written off 2
Depreciation 4,919 3,643
95,508 82,985
9
Staff costs
The aggregate payroll costs were as follows:
2023 2022
f f
Staff costs during the year were:
Wages and salaries 397,745 383,690
Pension costs 21,765 20,532
419,510 404,222

charity duri ng the year expressed
as full time equivalen		 ts
was as follows;
2023 2022
No No
Charitable activities - Staff 13
Governance -Staff 1
14 15

11Tangible fixed assets
Furniture
and
equipment Total
f
Cost
At 1April 2022 61,692 61,692
Additions 4,602 4,602
Disposals (19,645) (19,645)
At 31March 2023 46,649 46,649
Depreciation
At 1April 2022 51,569 51,569
Charge for the year 4,919 4,919
Eliminated
on disposals		 (19,645) (19,645)
At 31March 2023 36,843 36,843
Net book value
At 31March 2023 9,806 9,806
At 31March 2022 10,123 10,123

12 Debtors
2023 2022
f f
Trade debtors 11,781
Prepayments 3,670 15,872
Accrued income 5,321 27,429
Other debtors 6,683 6,682
27,455 49,983
13 Cash and cash equivalents
2023 2022
f
Cash at bank 291,813 232,260
14 Creditors: amounts falling due within one year
2023 2022
f E
Other taxation and social security 10,554 10,685
Other creditors 6,561 5,089
Accruals 14,629 8,541
Deferred income 29,305 52,045
61,049 76,360

15 Funds
Balance at
Balance at 1 Incoming Resources 31March
April 2022
f		 resources
f		 expended
f		 Transfers
f		 2023
f
Unrestricted
General
General
Funds		 176,783 305,102 (292,209) (7,500) 182,176
Designated
IT Upgrade 10,176 10,176
Manor Gardens Joint Project 7,500 7,500
Fundraising 1,661 1,661
IPR Carers Project Bridging 5,000 5,000
Development
Fund		 12,386 12,386
Social Policy Project 10,000 10,000
39,223 7,500 46,723
Total unrestricted 216,006 305,102 (292,209) 228,899
Restricted
Access to Work 42,109 (42,109)
Richard Cloudesley 11,837 (11,837)
London Catalyst / Hospital
Saturday
Fund		 7,639 7,639
Kidz Support 3,000 3,000
The City Bridge Trust 53,020 (53,020)
Islington
Direct		 99,499 (99,499)
Trust for London 40,000 (40,000)
Mental
Health Project		 43,506 (43,506)
Out ofdebt advice 23,487 (5,000) 18,487
Cloudsey development fund
project 30,000 (30,000)
Islington
crisis grant		 5,000 (5,000)
Advice
UK		 2,000 (2,000)
Awards for All 10,000 10,000
371,097 (331,971) 39,126
Total funds 216,006 676,199 (624,180) 268,025

Notes to the Fina ncial Statem ents
f		 or the Year Ende d 31March 20 23
Balance at 1 Incoming Resources Balance at 31
April 2021
f		 resources
f		 expended
f		 March
f		 2022
Unrestricted
General
General
Funds		 154,148 321,596 (298,961) 176,783
Designated
ITUpgrade 10,176 10,176
Fundraising 1,661 1,661
IPR Carers Project Bridging 5,000 5,000
Development
Fund		 12,386 12,386
Social Policy Project 10,000 10,000
39,223 39,223
Total unrestricted 193,371 321,596 (298,961) 216,006
Restricted
Access to Work 37,230 (37,230)
Disability Action Focus 7,753 (7,753)
Richard Cloudesley 11,163 (11,163)
Kidz Support 10,000 (10,000)
The City Bridge Trust 45,800 (45,800)
Islington
Direct		 132,252 (132,252)
IPR Carers Service 3,000 (3,000)
Trust for London 40,000 (40,000)
Mental
Health Project		 10,877 (10,877)
298,075 (298,075)
Total funds 193,371 619,671 (597,036) 216,006

Current year
Total funds at
Unrestricted funds Restricted 31March
General
f		 Designated
f		 funds
f		 2023
f
Tangible fixed assets 9,806 9,806
Current assets 233,419 46,723 39,126 319,268
Current liabilities (61,049) (61,049)
Total net assets 182,176 46,723 39,126 268,025
Prior year
Total funds at
Unrestricted funds 31March
General
f		 Designated
f		 2022
f
Tangible fixed assets 10,123 10,123
Current assets 243,020 39,223 282,243
Current liabilities (76,360) (76,360)
Total net assets 176,783 39,223 216,006