COMPANY REGISTRATION NUMBER.. 2699097 CHARITY REGISTrATION NUMBER.. 1078105 TOUCAN EMPLOYMENT Company Limited by Guarantee Unaudited Financial Statements 31 March 2022 *A&13FU354 3112r2022 COMPANIES H(WSE A18 TOUCAN EMPLOYMENT Company Llmiled by Guarantee Flnancial Ststements Year ended 31 March 2022 Page Tfuslees, annual report lincorporaling the directofs report) Independent examinerfs report to the Iruslees Slaiement of financial activities (including income arKI expenditure account) Slaiement ol financial position Noies to the tinancial slalements The following pages do not form part of the financial slaternenls Dèiailed statement ol financial activrties 23 TOUCAN EMPLOYMENT Company Llmited by Guarantee Trustees. Annual Report (Incowporating Ihe Dlrector's Report) Year ended 31 March 2022 The Iruslees. who are also the directors for ihè purkws of company law. presenl their report arKI the unaudited financial siatements ol the charity lor the year ended 31 March 2022. Relerenee and admlnlstratlve detslls Registered charlty narne TOUCAN EMPLOYMENT Charity reglstrnlion number 1078105 Company regostrntlon ntsmbor 2699097 Prlneipal offleè and r•gSstered Rm LG02 offi Thames Reach EmPkn￿nI NudÈmy 29 Peckharn Road L￿￿On SE5 8UA The trustees Rthrd Scroggs Gareth Welch ison Backho Graharn Pea¢cek Neale TMmas 'Il Pu(kJwmbe &'fvia Sacritan Barrefo (Retired 20 March 20221 (Retired 20 March 20221 IRetired 20 March 20221 {Ap￿inted 20 March 20221 COMPANY SECRETARY BRIAN JOHNSON INDEPENDENT EXAMINER LORAINE LAYfoN FCCA 51 NORWOOD H￿H STREET LONDON SE27 9JS Structure. governance and management Toucan Ern￿OYment is a chaiiiable company limited by guaranteg. The ¢ompany was èstsbhshed under a Mernorandum of 8$5￿IatKyn contatns the objects and pwers of the company. Since Touean Employrnent commenced rperations it has focused on reduciThJ fve social exclusion of people wrth learniTrJ dfflicullies and disabilities in the London l￿rough5 of Souihwark, Latnb8th, Lemsham. and Brent by artying them to firxl and relain employThent. Thjr service is tailored to meet bjlh Ihe negds of the job-seeker aTrJ the ernrk)yer by ollering full support during the whose of the recrurtmenl pr￿$S.. worfK wilh emKloyers to set u￿fInd jc4)s that are surtad lo our clients, abrfitiès and inieresis and oflèr or)-Ihwob supw)rt and jrt) c¥)aching to rneel the needs of our cl￿ntS their empk)y8rs. as required." TOUCAN EMPLOYMENT Company Limlied by Guaranlee Trustees. Annual Report (Incorporating ihe Director's Report) Year ended 31 March 2022 Slrnetur•J govemaneè and maMgem•nt (Con￿ Toucan Ern￿oYm￿l has a board of trustees who meel at regular inierval$ Ihrou9hout the year. They are responsiL4e lor th• Strateg￿ ¢Jirection and p)licy making of ts Charity. Obitetivès and xlivities Toucan Ern￿oYment was estabths￿ in 1989 and SI￿ has W￿ed with hLmdred5 of indiv¥Juals and èmploye.rs to pr¢)mole the inClush￿ of di5akn.lty in Ihe wothplace. In thè Last 10 years we have supported hundreds ol peoe wth ￿rning diffutt*s and disatrflthes into paid empkjyment. We wo wilh some ol most marginajised people in Ihe job market- Fwle who ohen olherw5e just L lell in tho mire of day Centres. vthere there Is a self-perpetuating circle of di8interest and meaningless aclivities. Tlerelore our winc4)al oty"eciive Is Ihe provision ol employrneni semces 10 people wrth learning dIsa￿litI6$. who are aged t*lween 16 and 65. As a charty fot peO￿e wlh ￿arnIng disabiliti8S Ihe company airns io gNe rlignts supr*yl lo leam v<￿tional skills arxl to lirnl pad work. Tha obJ"•et is to increase thè number of peOe wilh leamwvJ dIsa￿l￿)eS in work and 10 ensure that Toucan as an organisation airns lo work wlh empbyers to prowde rnore opportunit￿$ for people vAlh fearning disabilities lo gel woA(. In settiNJ these oty'eclives and F4anning its activities. Toucan's trusieas have given careful conswjeratton to the Chanty Commi%sK)n's ge￿ra1 guidance on Pu￿le Beneh"l. Toucan SUPFrfNted usws ¢JJiing the year wlh its key otiecbves teirq.. il to devdop a￿1 prornote Ihe incktsw ol disth'lty in Ihe worwace. lil io promote a clear tc¢u$ ￿ taiioriwKJ rwr facilityty metri jo&se&kerf$ ￿ed$. iiil offwing SUP¥K)rt ty the emF4oyerlhriwhoul ts rgcruitrnent ￿0￿dIng ￿b.SUF￿9rt arKI job4oaehiThJ. TOUCAN EMPLOYMENT Company Limited by Guaranlee Trustees. Annual Report Ilncorpor*ing Ihe Dire¢lor'$ Report) Year ended 31 March 2022 AchieverneDts and perforniane• Toucan's ￿pula110n for successfulty ￿aOng clienls leaming disabilil1e￿rflsabl1thes and autisrn into sustainable empkjyment continLES lo grow. dewte the diflKyJtt econom¢ SitualioTr the charty is operating in. Th8 staff work extrernely wtll- LN)Ih wth each other thè managemenl commttle*. The user and parent grtyJp continue to play a very aaNe [￿e in Ihe on-going suc¢ess of the tharty. Despiie the continued sjifficutties I￿h)v￿ng Ihe CovK1 19 paNJemic. ￿rO$S the whole organisaiKJn. we still managed to achieve the lollowng workiNJ ouwts.. - Over 3.000 1..1 contacts th cltents over the JEarlmany over the P￿ne aThJ zoom- rather than in person as normall". - 120 new Cvs written- - 108 inleNews- - 67 j¢)b offers- - 57 job siarts- - 51 jobs sustained lor 6 mofflhs.. - 108 clienls w9fe supported ￿th lUrt)U￿ aTrYor re￿und￿y'. - 82 vobJntary oi other acliwt18s siarttd: - 85 work placernents started.. and . We work8d vrilh over 300 dients a¢r05S yè*. Figures ol people in •mploym• Last year, WÈ W0￿e￿ vlith approximaièjy 300 FéOFde. arnj ol th95e 3Crf). 207 wtre in s(xne lomi of ern￿￿ent. apprcyth 10 their skilLs aTrJ needs. TOUCAN EMPLOYMENT Company Llmlted by Guaranlee Trustees. Annual Report (Incorporating the Dlre¢tor's Report) Icwthu Year ended 31 March 2022 Financial rwi•w Flnancial revi•w In a pewKJd of ausièrty. Tcyxan Confv"n￿ to t* supwrted ty a range of funders. Whilst we continua to successfully 4¥)eal IO rtjnor lundèrs for suppM. and so the majority ol the eore costs lor 202112022 wefe largdy funded frorn suc£esslul appI￿at￿)n5. However applications made in 2022 have successfully secured over £204.C(Q and Iherefore we are ever hcyelul 2023 will we jusi as SUCC¢Ssful. Res•N• poll¢y Unrestricted reserves are needed.. . To covér Ihe costs ol Wov￿￿1ng thè SeTh￿es *ith regard to lurKliTrJ contracts,. . To ma•ilai) and manage its ¢)rwing serNw: - To cover Ihe adrn1nistratth￿ aTrJ SLWPOrt *ith¢xJt the ¢harty cwkl not hJnclKJn. TOUCAN EmPLOYmE￿r Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Direclor's Report) Year ended 31 IAarch 2022 l>lans lor fulure wlods Toucan Ernpk)ym￿ has alreatyy secured grants ol alm051 £204.000 for the year 20Wd023. Inchjdiry .In these grants are the muttpyear grants from the Wakot F(yJndab'on and the Lethersellers, Company that will bring substantsal finawal stkn'lity. ATrJlher £75.OLbJ ts h.kety at this ￿int, with more on-going bKls be ￿aced during Ihe year. Additionalty. wortting in partnershp *ith LE*tsham Colege. LevMsharn Council. and Phtsenix Housing will reap dividends for both Ihe dients and Ihe charrty i￿e￿. T¢JJean will be rolling out a Supported Internship Pr(yJramme in Lewsham that will bring addrtI0n￿ income Into ihe charty. a5 well as rw5 its prolilè, and I￿reasIng t¥portLinities tor young with leaming dthiwlliesldisabilities ￿ the Lewisham arèa. Tou¢an *tll also be working in parbiershi) with the Camdèn Souety and B￿19 House to dèliver the learning dlffiGuMiesldksabilities auti%ffl sethion ol the sou1h￿Ik Works Gontract for Southwark Coun(al. Toucan is eWtsriNJ other opp¢y1Lmtt*s for partr￿s￿¥1 workw)g, espeeialty wilh B8ckmèad Ccrflegè and Croydon Council. as well as the w¥Jer sector in Le•¥ssham a￿1 SouthwaFk. and we are optimisti¢ Shat this will bear fruit S￿n. In a￿lI1￿)n To￿n ts also rewewirNJ atternaiwe av￿lle$ to both develop opportunllies lor p8orl6 Iwning difficulbes arKI disabilities, and to devekp unre51ricled incomg IOT Ttsucan . these inekth a m￿0brew*ry. a Hub. and Ihe w)ssiknlity ot wm1￿lng thè seopè ol the worf( we Undertake. Events after the end otthe reportlftg perfod PartKulars ol evenls after the repryting date are detailed in note 20 to Ihe finanual $tstements. Small ¢omyny pmvwo This report has trRen prepared in ￿1rdance wth the provtsions applicable to companies entitled to the small companies exernplion. The trustees. annual report was aFW1¥8d on 31 Awt 2022 aThJ ggned on tjehatt of the board ot trustees by-. Richard ScTOgJS Trustee BRIAN JOHNSON Charty Seuetary TOUCAN EMPLOYMENT Company Limited by Guarantee Independent Examiner's Report lo the Trustees of TOUCAN EMPLOYMENT Year ended 31 March 2022 I reporl lo Ihe trustees on rny examina1￿)n ol the linancial slatements ot TOUCAN EMPLOYMENT I'the chanty'l lor Ihe year ende(131 March 2022. Re$poft$ibilit*s and basig of report As the trustees tsf the company land atso its rfirectors for the purposes ol company lawl you are responsible lor the preparaiion ol the financi& statemenls in accordance with the requirements ol the COrnpan￿S Ael 20c61.lhe 20￿ Act'i. Having satisfied mysèm thai the accounts of the company are not requiTed to be audned undèr Part 16 of the 2006 Act arKI are digiye foi irhyeperknjent examinaiion. I reporl in respect of my examination ol the charity's a¢counts as Carried out u[￿r section 145 01 Ihe Charities Aci 2011 1.the 2011 Act'l. In carrwng out my examination I have followed the Di￿t4)n$ gwen by the Charrty Ctsmfflb$510n under Section 14515llbl ol the 2011 Au. Independent examinerfs statement I have cornpleied my eXaM￿allOn. I confwm thal rK* matters have c¢Jered as part ol an iTrJependent examination. or the Ilnancial staiemertis have not been prepared in accordance the methods and principles ol the Statement of RecoMmend￿j praCt￿e for accounting and reporting by charities applicable to Ch￿IlleS preparing lh￿1 accounts in accordance with the Finar¢ial Reponing Standard applicatAe in the UK and Rewblic ol Ireland IFRS 1021. I have no concerns and have come across no other rnallers in connection Iwth the examination io which altention should be drawn in this report in order lo enable a proper understanding ol the accounts to be reathed. ine La￿On FCCA Exarn 51 Norwo on SE27 9 TOUCAN EMPLOYMENT Company Limiled by Guarantee Staternent of Financial Activities (inelLKling Income and expendllure accounl) Year ended 31 March 2022 2021 Unrestricted fuNIs Restri￿ed fuwKls Total funds Total lunds Income and endowrnents Donations and Grants Charitable activilies Investment income 31.234 158.727 189,961 263,853 19 Tatal incom* 33,734 158.727 192,461 263.872 Expendlliire Expendilure charitable admtes 49.503 157.373 206,876 203.830 Total expendllure 49,503 157.373 206,876 203.830 Net lexpenditureifincome and net movement in funds 115,7691 1,354 114.415) 60.042 Reconciliallon of lund$ Total funds brought forward Total lunds eavrled fonvard 66.132 130.328 196.460 1*2,045 136.418 50,363 131,682 196,460 The statement of financial aaiwti.es irthjdgs all ga￿9 and k)sses recTr)nised the year. All income and expetKlrture derive fvom eominuing adi￿les. Th# notes on pagos 9 to 21 fomi p8rt ol thesetinancial siatements. TOUCAN EMPLOYMENT Company Llmited by Guarantee Slatement of Finan¢lal PofAtion 31 March 2022 2021 Fix¢i• asset$ Tangibk fixed assgls 14 2,030 Current asséts Debiors c￿ at bank arky in hand 1S 167,336 187.770 201,319 201.678 Credltorg: tmounts fallin9 due wlthln ¢)ne year N*t Current assèts 16 7248 180.522 182,045 1821)45 7.248 194.430 Total assels less curr*nt li•bilit*s 196,460 196,460 Fund$ of the thaylty Restricled funds Unfestricted fun(ts 131.682 50.363 182 130.328 86,132 196.460 Totsl eharlty lunds 18 For the ￿er endiThJ 31 Nlarch 2022 thè charity VAS ènlitied to exemptK¥n from aLKlit undef secbon 4n ot Ihe CompaThes Act 2tQ6 relatiryJ lo small compardes. D￿￿1()rs. responstiltbes.. The memters have not rewwed tbe company to oblain an authl of its fsnancial stalements foTthe year In questirm in acrordarKe wth sectKJn 476.. The ¢Jirectors adln￿￿e¢JgÈ their respKJrtstilities lor ojmplwng wilh Ihe requirements of Ihe A vthh ￿SpeCt to accounDng ￿CordS and the ryepara1￿n of linancd staiements. These financial ststements have been prepared li accord￿ *ith the prows*ms 8ppIKat* to companies Subl￿t to the sfflajl Lx)mpanies' regime. These financial statemen15 ￿re aFwved by the t#)ard ol trustees aTrJ lor issue on 31 August 2022. and are s￿￿ed on be￿1 o11h& tK•ard by". Ri¢l)ard Suo Trustee The noles on page$ 9 10 211orni part ofthese fi￿ncL￿1 statements. TOUCAN EMPLOYMENT Company Limited by Guarantee Notes lo the Flnanclal Statemenls Year ended 31 March 2022 Gen¢ral informati¢)n The charrty is a pU￿1C benelil enfity and a privalo company fimrfed by guaranlea. r6glSterad in England and Waiès and a registered charty in E￿land and Wa￿. The a(kYres5 of Ihe registered off￿e is Rrn LG02. Thames Reath Ernpk5￿nent kajemy. 29 Peckham Roa(I, LoThYon, SE5 BUA. ststem8nt ol complian These tinarrial staternents have been Fwared fft com￿&￿￿￿9 ￿ FRS 102, The Financial Reporting Standard ￿ll¢ab￿ in Ihe UK and the RewbI￿ of Ireland. the Statèment of Recommefvjed Pract￿ appI￿able lo char￿"e$ preparirrtJ Iheir accounts in accordance ￿1h the Finanaal Reporting Standard applicable in the UK and ol Irdarwj IFRS 1021 Icharitias SORP IFRS 10211 and Ihe Comparries Aci 2006. Acwunting Flolicies Basés ol pr•paratlon The financial slaiements are Prepa￿ on a going Conr￿ basis u￿ler the histOr￿al cost onvenlion, modrfied io inclLth certain rtem$ ai Iwr vthe. The fwncid stalements are prepared in sleding which is the functional currency of the chanty. The signrficant acccwJnbng ￿l￿t$ applied in ttE KYeparatic￿ of these linancial statements are set out bdow. The59 Fdicvas ￿¥9 been consistenty aF01￿j io all years wesenled unless otheTrKe Slated. Golng corttm Th¢ accounts have been prepared on a goirKJ con￿rn basis. are no material uncertainties relating lo events or condit￿nS thal cast ￿nif￿an1 d(yJbt on th8 charitys ab"ityio continue as a rKJ concem. Dlsclosure exempllons The entity satislias Ihe crrtèiia tsf t*ing a quali￿.n9 entty as ¢YefIn￿ in FRS 102. As such. advantage has been taken ot the folloMThJ discbsure exemptsons avalabje ur¥Jer patagraph 1.12 of FRS 102.. Judg•m•nts and key sour￿5 of eslimation urK•rtalnly The prepara1*)n ol the fina￿￿ statements r8qu¥es managèmèni to makè judgemenis. esiirnaies and assumptsons that affect the amounts rerx)rted. These estimat&s and judggments ara coiithnually rewewed and are based on experwce and other lactors, inclu¢Jing expectatKJns ol fulure events that are believed io be reasonaLl8 urK18r Ihe ￿e￿Mstances. Accounb"ng estirnates and assurnplions are made corteming Ihe lulure and, by Iheir na￿re. will rarely equal Ihe related actual outcome. The key assurnrAKJrG and olher sources of 85limation uncertainty that have a signifrAnt risk of ¢ausirvJ a matetial a(Jjustrnenl lo the carrwng amounts ol assets and I￿a￿l￿eS w•ithin the next financial year are as follows". TOUCAN EMPLOYMENT Company Llmited by Guarantee Notes to Ihe Flnanclal Slatements 1¢onrbwx Year ended 31 IAarch 2022 AC￿u￿ting policies (¢4niknth Fund accountlng Genera( lun¢Js are unrestricted funds arè avaIL*￿￿ lor use at Ihe rfiscveik)n ol the truslees in furthera￿ of Ihe gerberal ctqectwes ol the tharity and wh￿h have nol been designated lor other pury￿Se$. Aeslrided funds are funds thich a￿ to be used in accordance v*th stEcific restric1￿nS imposed by donots or wh￿h have ￿en ratsed bythe charity lor particular purposes. The ets$t of raising and adrninistering such funds are charged against the 5pecitK fuTrJ5. ThÈ Unreslricled funds are avwL7tAe f¢Y use ai the diSCre￿n ol the Irus*es to further any of the charitys wrposes. Ineomlng r•sourees All in¢omino resources are included in the statèmtth ol lina￿131 actmiies when entrtlement has passed lo the charity; il is probatAe that the eCOrK)m￿ ￿enefits associated with the transaction will Ilow to Ihe charty and the amouth can be rew measureLI. lollothing Spea1￿ pol*ues afe aF¥)It￿ to partrular ¢at¢gories of tncomè.. irwrne Irc¥n donat￿n$ or grants is reo)gnised there t5 wdence of entit￿ment io the grft. recèiF4 is yobablè aNI tts am￿nI can ￿ measur&J ielw. legacy in)me is recognised recwtrt is wobable ar￿ entitlement is eS￿￿lShed. income frorn (kjnatèd is measured al Ihe fair value of the ￿$ ￿n￿sS this is impractical to measure le1k￿ty. in wh￿h casè thè value Is derNed from the cost to lh8 don or the estimated resale value. Donaled facilities and services are recognised in the accounts vthen received rf the value can te measure4J. No amounts are irtlLyJed lor the conti1but￿n of general volunleers. income Irom contracts for thè Supp￿ of servw is recognised ￿￿th the dglrwery of the contracted semce. TIMS is elassified as unrestriued fuThJs unless there is a conlractual r8quirernenl for it lo te spent on a Part￿Ular purwse and retumed rf unspenl. in which ca59 it may t* reg￿tled as ￿str￿ted. Resources èxpÉnd•d Al expendiluro is accountgd for ￿ an accru￿ basis and has been dassilied uTh1er headings that aggregate all Costs rdaled to the category. Where costs cannot be direclly allribthed lo a particular heading they are alloca1￿ ￿ a￿1￿lIeS on a basis cor6isient ￿th the main use ol the r•soui¢es. ExptndilurÈ applwro to activity or cost ¢alegory is dire¢tty allrtatÈd lttereio. Governance costs comprtsa all ¢osts lnv0fvi￿ a¢¢ow)tats"ity ol Ihe ch￿lty and its COrnFliance with rogukqtity) and good pracbce. 10- TOUCAN EMPLOYMENT Company Limlled by Guaranlee Notes to the Financlal Statements Year ended 31 March 2022 A¢¢ounling Oleles Tanglblè assots Tangible assets are initially recorded at cost, subsequenuy stated at cost kss any accumulale¢J depreciation arml irnpairmenl losses. Any tangibk asset5 wried at rev8lLJ& amcwjnts a￿ recorded at the Iwr value at ts (late ol reY￿uat￿n less any subsequent accurnulaled depreciation and subsequert ar£umulated Impaimient losses. An In￿aSe Wi the Carr￿ng amcyjnt ol an assei as a resuw ol a revaluation, is recognised in olher re¢ognlsed gans aryj Ios5e5, unless it reverses a charge lor impairmenl that has previously been recognised as expe￿IltUre Ihe staternent of hnanual aclNities. A decrease in Ihe carryirg am(HJnt ol an asset as a result of ievaluation, is r8ecrfJnised in other recognised gains and losses. except to which rt oflset5 any wevious rèvaluatw gain. in wh￿h case the k)ss is shown wrthin other rec¢>Jni8ed gains and losses on the statement ol financial actNitEs. Dèpr•¢iti￿n Depreciation is calculated $0 as to write olf Ihe cosl or valuation of an assel. less its r?s¢du value, over the tjsefrd ecorKynic lite of that asset as follows: Fixlures and FittwKJs Equipment 25% reducing balarKe 25% reducing balance ImpalM￿Trt ol Ilxed assets A rewew lor of impairmwt is carr*d out at each rewThng date. ￿th Ihe recoverable amount estimated whèrè SLth ind¢ator5 exi*t. Wher8 the carrying value exceeds the recoverable amount, the asset is impa.led arx>ydingty. Prior impairments arè also reviewed lor POS5itrle reversal at each rer•yiry date. Gov8mmont grants Government granis are recognised al the fatr value ol the asset receNed or recWVa￿e. Grants arè not r8cognised untJ tharè Is reasonable as5uranc8 that company ￿1[ comply Vmih the Conditions atta¢hin9 to thern and the granls ￿11 be received. Where th8 grant doès not impose speulied future perforrnarthr81alwJ condth.ons on the recipient, il is recr*JTrised in irwrne vknen Ihe grant proceeds are receNed or recervable. Where the granl does impose specified luture performance-relaled conditKsns on the recipient, it is rectsgnised in ir*ome only when the pert(mance-rdated condth"on5 have been met. Where grants receNed are prior to salisYwn9 Ihe revenue reCOgn￿On criteria, they are recognised as a lth"lty. 11 TOUCAN EMPLOYMENT Company Limiled by Guarantee Noles to the Financial Statements Year ended 31 March 2022 Accoun￿ng polleiès 1cmth￿dJ Flnanclal Instmments The charit*e company enters into only basic financkAI transact￿S that resull in the rgcognilion of financial assets ano liabilities like Irade aThJ other accounts receivable an(J payable. loans from banks aThJ 0lh8r finanoal insb"tulllwts. A finartial asset or a Iinanual liabilty is re¢C¥n￿ed onty when the enirty becomes a party to the contractual provisions of the instrurnent. Bas￿ th'nawal instruments are In￿allY recognised at the amount recèivthe or paY￿e induding any related IransaciN)n costs, unless Ihe arrangement consts"lutes a financirvJ fraruC￿n, Whe￿ rt Ès r8CL>Jnts8(l at thè preseni value of the fulure payments discounted at a mark8t raiè ol intèrest for a Simil￿ debt instrumènt. Lwni¢ed by guarantee The company is limrteLI by swaranlee t*xs r￿1 ha￿ a sh*e capital. Each membets's guaranla• is I'mrted 10 £1. 12- TOUCAN EMPLOYMENT Company Llmlted by Guarnntee Notes to the Financial Statements Year ended 31 March 2022 Donations and grnnts Unrostrict*d Funds ReStr￿le￿ Totsl Funds Funds 2022 t)onalions Tudor Trust ity BrKlge Tw5t Vintners. FoundaiKJn Lealhersellers. Company charrtab￿ FUTh Gwe My Vi Bergrnan Lehane Trust AM0￿ Claik Automobiles Lloyds Bank FouThJaii Merchant Ta￿01$, Charrtable Fourtht DHE Mary Bailey Thomas Charrtable FWKI Unrty Works Calè Van Gogh IESFI The Peter Stebbings Memorial FurThl London Funders -wave 3 Southwart( Council Lewisharn College IESFAI Wal¢ot Foundalion 291h May 1961 Chariiable Tnjst Grocefs. Chanty 10,IXKI 10.000 250 250 1,000 4000 500 15,000 35,000 11,082 15.000 3S,000 11,082 15.000 16.D29 31.489 15.000 16,029 31.489 4.000 Grants LaMbeth￿Ondon Soo"al Enlerprise FUTh Fishmongers. Companys Charrtawe Trust Field FAmity Charitable T￿￿1 Depllord ChaI￿nge Trust Govemment grani income 7,270 7,270 27.857 27,857 10,684 189.961 10.684 31,234 158,727 13- TOUCAN EMPLOYMENT Company Limited by Guarantee Notes lo Ihe Flnancial Statements Year erthd 31 March 2022 Donations and grwts Unrestricted Funds Restriaed Total Funds Funds 2021 Dono1knth$ Tu(Jor Trust Crty Bn'dge Trust Vintners. FoUndat￿)n L8alherse118rs' Cgrnpany Chariiabl8 FurKJ Give My View Bergfflan Lehane Trust Arnold Clark Aulomotyles Lloyds Bank Foun(latKsn Merchant Taylor5, Charitat4e FoundatK>n DHE Mary 8ailey Thomas ChariiaL4e Fund Unty Works Cale Van Gogh IESF) The Paler Stebbings Memoiial FuThJ London Fundets-wave 3 Sou1hwart( Council Lewisham Colw IESFAI Watot Foundalion 291h May 1961 Clwitabb Trust Grocers, Charity 36,340 9.625 s,000 10,000 173 250 9.625 s,(￿0 10.0(M) 173 250 33,000 4.900 35,000 1.970 10,000 20,000 35.0(X) 1.970 10,0 20,0 32,649 49.214 32.649 49,214 4.550 Grants LarnbethlLondon Sou'al Enlerprise Fu￿1 Fishmongers. Compan￿$ Charitat4e Trust Fi•ld Farnily Charilthe Tn￿1 Deptford ChallerMJe Trust Govemfflent grant inccffle 4,000 3,C4)0 4,182 4,182 88,845 175,L108 263,8S3 Charitsblè aetivili¢s Unrestrictaj Totsi Funds Umestrrled Total Funds Furwts 2022 Funds 2021 Dig it Nursery 15 Investment income Unrestitted Totsl Funds Umesti￿ted Total Funds 2022 Funds 2021 8th interest receivthe 18 19 -14- TOUCAN EMPLOYMENT Company Limlted by Guaranteo Noles to Ihe Financlal Statements Year ended 31 March 2022 Expenditur• on charitable activitles by fund ty Unre51ricted RestriclEd Total Funds Funds 2022 Em￿0yrnent Sèrvie•s SuFPOrt c¥Jsts 157,373 203,625 3,251 3,251 49,503 157,373 Unrestricted FU￿lS Restr￿ted Total Funds FurKJs 2021 EmF4oy7m￿t se￿Ws Support costs 42.674 3,182 157.973 200.647 3,183 45,856 157.973 203,830 . Expondlture on ¢harit*Jle acti¥ilies by actlvity typ• urylertaken direclty SuprM)rt cosls Total funds 2022 Tot￿ fund 2021 Em￿0Y1￿efjI SeNces Govemanee costs 203.625 203.625 3.251 2LX).647 3.183 3,251 203.625 3,251 2116,876 203,830 10. Net {¢xp¢ndhur•Pln¢ Met leynditure)thcome i8 stabj after char￿￿(Cr￿j11lngl. 2022 2021 08weciation ol tangt48 lix8d assets 507 676 11. kndependent examlTrallon fees 2022 2021 Fees'payable to Ihe Independert exarninef lor". Ind¢widènt examination of Ihe finarti¥ statements 1.750 1,750 15- TOUCAN EMPLOYMEKr Company Llmlled by Guarantee Notes to Ihe Flnancial Slatemenls Year ended 31 March 2022 12. Staff costs The total slaff costs aThJ emF4oyee tenefrfs for the reportry pwtiy are analysed as fdlows.. 2022 Wages and salaf Em￿9Yer ctsntritxrt1¢￿S to persw ￿an$ 173,n6 8,$74 182,310 179.914 3,697 183,611 The avsage head wjni of emF4)ye8s the year was 812021: 81. The average nUm￿r of lull.time equIVa￿￿t employees the year 15 anaty58d as lolk)w5.' 2022 2021 No. EmF4oym8nt seTh￿eS AdminislratNe staff Managemenl slafl No employee receNed ernpbyee benefils of more than £60.Oc￿l dUrV￿ the year12021.. Nill. 13. Trustee remuneratlon *nd expenses No remuneration or other benefils Ir¢yn empknyment with the tharty or a related entity were received by the trustees. 14. Tanglble Ilxed assels Fixtures and f￿1r@S Equipmenl Total At 1 April 2021 and 31 March 2022 Dèpreclatlon At 1 April 2021 Charge lor Ihe year At 31 March 2022 12.533 29,468 42,￿1 11.592 272 28.379 235 39,971 $07 11.864 28,614 40,478 Carrying amount At 31 March 2022 669 1,523 Al 31 March 2021 1.089 2,030 Tangbk assets are being Car￿ fc*wdrd at Iheir nel rea￿Sable value. 16- TOUCAN EMPLOYMENT Company Limited by Guaranlee Notes to Ihe Financial Stalementsfvonth Year ended 31 March 2022 1S. Debtofs 2022 2021 Prapaymants and accwed irKome 359 16. Credfjlors: amounts lalllng duè withln ont 2022 2021 ACCru￿S and deferred income SOG1￿ security aThJ othor taxès 3,729 3.519 7.248 3.729 3.519 7,248 17. Governrn•nt grants The amounts in ￿ fina￿ 5tstsmenis lor government wants are a5 follows: 2022 2021 Reco￿￿$Sd in income liom ¢JonaiK)ns and Jegx*s." Govemmèni grants ineome 10.684 4.182 18. Analysis ot ehaiitable lunds Unrestri¢ted funds At 31 March 202 1 April 2021 Income ExpenLiturè General luThJs 66.132 33.734 149,5031 50,363 At 31 March 202 1 April 2020 lrtome Ex￿ndItUre Gener41 funds ¥J,125 145.8561 66,132 The geneial uniestricted reseThes represents the fuThJs ol thè ehafity ¥vhich are not dèsignated lor partKular purposes. 17- TOUCAN EMPLOYMENT Company Llmlted by Guarantee Notes lo Ihe Finanelal Swements Year ended 31 March 2022 1& Analysis of chaiitsble funds Irvrthx Restrlcted funds At 1 A￿11 2021 31 March 202 Income EXwndi￿rè Reorgani￿ti0n & Devdcwent Fund Lambelh NEET Project Greenwork5 Brent Allornent First Job Initiative Southwark Works Lewisham vulnera1￿* Athjtts Proie(a LDEA Support Lambeih Okjer Resthni's Proie pported Internship5 Towan Hospitality ProJe¢t Covid ￿treach Project Emotional SuFP)rt Project 87.646 24,961 87,646 {24.9611 12,9991 135,0001 120.6911 35,000 27,857 7.166 1.137 13.585 22.270 16,029 42.571 IS,QC4J 19.6571 129,6141 129.4511 Is,0001 13,750 13,120 10AIty) 130.328 158,727 . 1157,373 131.682 At 31 March 202 1 April 2020 Irthrne Expenditure Aeorganisalion & Devdwnènt Fund Lambeth NEET Projeci Greenwoiks Brent Alkjmènt First J(*) InilialT¥e South¥B￿ Works Lewtsham VulneraL4e AthJlts Proiect LDEA Support Lambelh Objer R￿dent'S Proi*t Surported Inlernships TtyJcan Hospitality Proie Covid Outreach Pr(iect Emotsonal Surwrt Project 87,646 87,646 24,961 49214 124,2531 12,407) 127,2211 135,0001 13,0001 110.0001 13,4131 132.6791 2.407 9.625 20.595 35,0 10,000 4,550 32.649 1.137 13.585 13,615 20.000 17S.008 120,0001 1157,9731 113.293 130,328 18- TOUCAN EMPLOYMENT Company Llmlted by Guarantee Notes to the Finan¢ial Statemen1$ Year ended 31 March 2022 18. Analy*s of eharitabl• funds Emp14)ymÈnt Proi•et The Main Employment Pro1￿t is Open to anyo￿ between the ages of 16- 65 resKling in tho Southwark area. We assist in helping dients to secure employmenl and prov** on.go emplo￿￿eTht supwrt once d￿ftts are in Lamb•th NEET Pffoject A spedalised projecl lor Lambeth FerP￿ with bamiNJ di￿￿theS and dis&Jilrt*s who are nol in education, employrnent or trainirwJ. The woject provwjes job clubs, VOca￿￿al counselling, jobs sÈarch surwt. trainirvJ in literacy arKI numèracy. wort( experience placernènl and on-the.job sutSK)rt. Flrst Job Inltl•tlv• Prohet The First Job InilRlive works FWe beMEen 16-25 who are NEET INOI #i EducalKJn. Employment or Tr￿nIng), bul wsh io enter em￿o￿nent.. Lamb•th Older R•sld•fits' Pfopct Our wort% Wih Lamt*lh residenis and concentrates on users over 25 ¥Ath leaming ￿￿(￿ul1*S, (isatslilw a￿1 auttsm. The [￿Je¢l provKles Sup¥￿ into and whiLst in employment. L•wisham Vulngrable Adults ￿PP￿t Projèct The Le￿ishaM Vulnerable Adums SuFWrt Project WO￿ wilh Lewsham residents aged over 25 with learning di1￿￿"eSIdI5abIlltles and auti5tn. The prqed prowides 5UW)ort into. and at. Qmplo￿Trent. as well as holl51￿ SUFPOrt on mattets Ihal ¢oukJ impa¢1 on dwt$' at*lrty to enter and sustain emyoyment. Thè Greenwo ~ Brent Allotments Touean have onw'ng gardBnThJ projects in the Brent area that offer work F4actments, hort￿uttulal training. heatthy eating aThJ fresh ￿JU¢e for our d*nts- up lo 20 people benef Irom each of Ihe proi8Cts ev￿ year. LDEAS Specialist ￿er-supP)rt projèct. Toucan staff membar ¥Mlh leamiThJ disth"liti& siyporling other people with learning diffi¢u1li￿￿Isth.1it￿ to enter and maintain ern￿oY￿ent. especHlly locusiw on youry people. Supported Internships A speclalisi projecl offering yothYJ Lewsham resxjents aged 16-25 the oFpot1vnity to eXperie￿e work within a iirge employer (Phoenix Hovsiwl. being intensivdy sutwrt8d by a J¢Jb -19- TOUCAN EMPLOYMEKr Company Llmited by Guarantee Noles to the Financial Ststements Year ended 31 March 2022 18. An*sis of eharllabl• lunds C¢xh. This is run In ConjurKi￿ *ith Levrtshaffl COU￿1. L*Arysh*n College. P￿an1X Housing. Slructure Organisational Fw FOll￿*ng Ihe disposal of ihe leasehokl Frfernises the Twstees dec*Jed io sel aS￿e £87,536 t*ing the profrt made on $￿e. The funds v•ill t* used towards the reorganisiry and structural devdoprneni of project. Covld Outreach Pr¢ The Cororba oulbreak pr(4ecl was selup to sur4)grt clients during Ihe IcKk down period. Toucan offered their elientde inlormatK)n on Cow&19. provthd and zoom access to those who fell uneasy and irtsecure abwt travelling lo the twqecl Touean Hospitallty Proleet A project, luThYed by the Waknt FoufKlation, ollerrry traifting. Job Clubs. and support into employrnent for Lambeth f8SKlents Mih18arning drffruttiesldisabililies and ault5rn, especi￿lY inlo Ihe Hospitality sector. WorkiThJ wth Kata Kata. Cafe Van Go9h, ano the Okl Post offi￿ Bakery lor a￿¢Jh￿nal traning. sk*. aThJ experien￿ in catering. 19. AN1￿5$ of net asw$ beiween funds Unre$￿ted Funds ResIT￿led Totsl Funds Funds 2022 Tangible fixed assets Current assets Cr8(liiors Ihan 1 year Plet assets 1,523 1.523 187,770 17,2481 182045 131.682 17,248) 50,363 131,682 UnrÈstitied Funds Restricted Total FunL15 Fund5 2021 TangiNe fixe(t assets Current assets Creditors less Ihan 1 ￿aT Het 8$$¢ 2,030 71.350 17.248) 66,132 2.030 201.678 17,2481 196,460 130.328 130,328 TOUCAN EMPLOYMENT Company Limited by Guarantee Notes to the Flnanclal Statements i¢Mthx* Year ended 31 March 2022 20. Post balarKe sheei evenls There are 1%) post WarKX Sh￿ •V8nls to r8F 21. Related partl•s No direclor receNgJ any remuwatK•n the year or hay any personal interest in any c¢￿trac1 or transacbon entere(J by the company dunng the year. 21 Trnnslllon to FRS 102 The ¢haritable cornpany ad¢Wed the SORP IFRS 1021 lor ￿ f￿$1 tim6 in the year ended 31 sl Mafch 2017. The FA)1￿$ appl*d tsn￿r Ihe charitatye company preV￿)uS aecouniing fTarnewor are not materdly diffweni to FRS102 and have r(*1 impacted on fuThl$. -21