## ## ## ## ## |||||||Page| |---|---|---|---|---|---|---| |Trustees'
annual
report (incorporating|||the|director's|report)|| |Independent
examiner's
report||to the|trustees|||| |Statement
of financial|activities|(including||income and||| |expenditure
account)||||||| |Statement
of financial|position|||||| |Notes to the financial|statements|||||| |The following
pages|do not form part ofthe financial statements|||||| |Detailed statement
of|financial|activities||||23| ## ## |Year ended 31 March 20|Year ended 31 March 20|Year ended 31 March 20|23||||| |---|---|---|---|---|---|---|---| |The trustees, who are also the
unaudited
financial statements|||directors for the purposes
of the charity for the year|ofcompany
law, present their report and the
ended 31 March 2023.|||| |Reference|and|administrative|details||||| |Registered|charity name||TOUCAN
EMPLOYMENT||||| |Charity registration
number|||1078105||||| |Company|registration
number||2699097||||| |Principal office||and registered|Rm LG02||||| |office|||Thames Reach Employment
29 Peckham
Road||Academy||| ||||London||||| ||||SE58UA||||| |The trustees|||||||| ||||Richard Scroggs||||| ||||Alison Backhouse||||| ||||Mabel Nwoko
Neale Thomas|||(Appointed|1 September 2022)| ||||Silvia Sacritan Barrero||||| |COMPANY|SECRETARY||BRIAN JOHNSON||||| |INDEPENDENT||EXAMINER|LORAINE LAYTON FCCA||||| ||||51 NORWOOD
HIGH|STREET|||| ||||LONDON||||| ||||SE279JS||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023||2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||| |||||funds|funds|Total funds|Total funds| ||||Note||||| |Income and endowments|||||||| |Donations
and Grants
Charitable
activities
Investment
income||||66,087
92|183,348|249,435
92|189,961
2,500| |Total income||||66,179|183,348|249,527|192,461| |Expenditure|||||||| |Expenditure
on charitable||activities|8,9|26,509|18?,830|214,339|206,876| |Total expenditure||||26,509|187,830|214,339|206,876| |Net income/(expenditure)||and net|||||| |movement
in funds||||39,670|{4,482)|35,188|(14,415)| |Reconciliation
offunds|||||||| |Total funds brought|forward|||50,363|131,682|182,045|196,460| |Total funds carried|forward|||90,033|127,200|217,233|182,045| ## ## ## |||||2023|2022| |---|---|---|---|---|---| |Fixed assets|||Note||| |Tangible fixed assets|||14|1,143|1,523| |Current assets|||||| |Debtors
Cash at bank and in|hand||15|195
223,254|434
187,336| |||||223,449|187,770| |Creditors. " amounts|falling due within one year|||7,359|7,248| |Net current assets||||216,090|180,522| |Total assets less current||liabilities||217,233|182,045| |Net assets||||217233|182,045| |Funds ofthe charity|||||| |Restricted funds
Unrestricted
funds||||127,200
90,033|131,682
50,363| |Total charity funds|||18|217,233|182,045| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations
and grants|||||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2023| |Tudor Trust|||||36,000||36,000| |Charterhouse
in Southwark||||||6,750|6,750| |Vintners'
Foundation||||||5,000|5,000| |Leathersellers'
Company
Together for London|Charitable|||Fund|10,000|8,585|10,000
8,565| |Bergman Lehane Trust|||||250||250| |Arnold Clark Automobiles|||||||| |Margharet
Dobson Further||Education||Trust||4,950|4,950| |Merchant
Taylors' Charitable|||Foundation||||| |DHE Mary|||||||| |Bailey Thomas Charitable||Fund|||||| |Unity Works||||||35,000|35,000| |Cafe Van Gogh {ESF)
Edward Gosling Foundation||||||10,000|10,000| |Cecily Northcote
Charitable|||Trust|||7,489|7,489| |Southwark
Council||||||922|922| |Lewisham
College {ESFA)||||||14,777|14,777| |Walcot Foundation|||||3,000|36,668|39,668| |29th May 1961 Charitable||Trust|||||| Global Makè Some Noise Foundation 19,073 19,073 12- ## ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |||||Funds|Funds|2023| |Donations
The David Solomons
Charitable
Trust
Ashworth
Charitable
Trust
Leigh Day
Jules Thorn
Drapers
' Charitable
Foundation
Team London Bridge Building Communities
ESF(London Councilsi ESF)
Schroder Trust
SYP Foundation
Co-op Foundation
Girdlers Company|||Fund|251
10,000
2,000
2,500
2,086|1,000
3,000
8,500
2,489
5,595
7,549
5,000|251
1,000
3,000
10,000
2,000
8,500
2,489
5,595
2,500
7,549
2,086
5,000| |LambethiLondon
Social Enterprise||Fund||||| |Deptford Challenge
Trust||||||| |Government
grant income||||||| |||||66,087|183,348|249,435| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2Q22| |Tudor Trust||||||| |Charterhouse
in Southwark||||||| |Vintners'
Foundation||||||| |Leathersellers'
Company
Charitable
Together for London||Fund||10,000||10,000| |Bergman
Lehane Trust
Arnold Clark Automobiles
Margharet
Dobson Further Education Trust||||250
1,000||250
1,000| |Merchant
Taylors' Charitable
Foundation
DHE Mary
Bailey Thomas Charitable
Fund
Unity Works
Cafe Van Gogh (ESF)
Edward Gosling Foundation||||4,800
500|15,000
35,000
11,082|4,800
50Q
15,QQQ
35,000
11,082| |Cecily Northcote
Charitable
Trust||||||| |Southwark
Council
Lewisham
College (ESFA)
Walcot Foundation
29th May 1961 Charitable
Trust
Global Make Some Noise Foundation||||4,000|15,000
16,029
31,489|15,000
16,029
31,489
4,000| ## ## ## ## ## ||||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|2022| |Donations|||||||| |The David Solomons Charitable||Trust|||||| |Ashworth
Charitable|Trust||||||| |Leigh Day|||||||| |Jules Thorn|||||||| |Drapers
' Charitable|Foundation||||||| |Team London Bridge Building Communities||||Fund|||| |ESF(London Councilsi ESF)|||||||| |Schroder Trust|||||||| |SYP Foundation|||||||| |Co-op Foundation|||||||| |Girdlers Company|||||||| |Lambeth/London
Social Enterprise
Deptford Challenge
Trust
Government
grant income|||Fund||10,684|7,270
27,857|7,270
27,857
10,684| ||||||31,234|158,727|189,961| ## ||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds|2023|Funds|2022| ||||||E|| ||Dig it Nursery||||2,500|2,500| |7.|Investment|income||||| ||||Unrestricted|Total|Funds|Unrestricted|Total|Funds| |---|---|---|---|---|---|---|---|---| ||||Funds||2023|Funds||2022| |Bank|interest|receivable|92||92|||| ## ## ## ## ## |Expenditure|on charitable activities|by fund type||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2023| |||e||| |Employment
Services
Support costs||23,247
3,262|187,830|211,07?
3,262| |||26,509|187,830|214,339| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |Employment
Services
Support costs||46,252
3,251|157,373|203,625
3,251| |||49,503|157,373|206,876| ## |||Activities||||| |---|---|---|---|---|---|---| |||undertaken|||Total funds|Total fund| |||directly|Support|costs|2023|2022| |Employment
Governance|Services
costs|211,077||3,262|211,077
3,262|203,625
3,251| |||211,077||3,262|214,339|206,876| ## ||Net income/(expenditure}|Net income/(expenditure}||is stated after charging/(crediting):||| |---|---|---|---|---|---|---| ||||||2023|2022| ||Depreciation|of tangible|fixed assets||380|507| |11.|Independent|examination||fees||| ||||||2023|2022| ||Fees payable|to the independent
examiner for:||||| ||Independent|examination||ofthe financial statements|1,855|1,750| ## ## ## ## ## |Staff costs (continued)|Staff costs (continued)|Staff costs (continued)||||||| |---|---|---|---|---|---|---|---|---| |The average head count of
time equivalent
employees|||employees
during the|during the year was 8 {2022:8).The average
year is analysed as follows:||number|of|full-| ||||||2023|2022||| ||||||No.|No.||| |Employment|Services||||6|||6| |Administrative||staff|||1|||1| |Management||staff|||1|||1| ||||||8|||8| ## ## ## |No remuneration
or other benefits from employ
by the trustees.
Tangible fixed assets|ment
with the charity or|a related
entity|were receiv| |---|---|---|---| ||Fixtures and||| ||fittings|Equipment|Total| |Cost|||| |At 1 April 2022 and 31 March 2023|12,533|29,468|42,001| |Depreciation|||| |At 1 April 2022
Charge for the year|11,864
167|28,614
213|40,47&
380| |At 31 March 2023|12,031|28,827|40,858| |Carrying
amount|||| |At 21 March 2623||641|1,-143| |At 31 March 2022|669|854|1,523| ## |||||2023|2022| |---|---|---|---|---|---| ||||||p| |Prepayments|and|accrued|income|195|434| ## ## ## ## ## |Creditors: amounts
|falling due within one year||| |---|---|---|---| |||2023|2022| |Accruals and deferred
income
Social security and other taxes||3,926
3,433|3,729
3,519| |||7,359|7,248| |Government|grants|grants|||| |---|---|---|---|---|---| |The amounts|recognised
in the financial statements||for government|grants are as follows:|| |||||2023|2022| |Recognised
Government|in income from donations
grants income|and legacies:|||10,684| ## ## |Unrestri|cted
funds|||||| |---|---|---|---|---|---|---| |||||||At| ||||At||31|March 202| |||1|April 2022|Income|Expenditure|3| |General|funds||50,363|66,179|(26,509)|90„033| |||||||At| ||||At||31|March 202| |||1|April 2021|Income|Expenditure|2| |General|funds||66,132|33,734|(49,5Q3)|50,363| ## ## ## ## ## ## |Restricted funds|||||| |---|---|---|---|---|---| ||||||At| |||At||31|March 202| |||1 April 2022|Income|Expenditure|3| |Reorganisation
8 Development
Lambeth
NEET Project|Fund|87,646|||87,646| |First Job Initiative
Southwark
Works
Lewisham
Vulnerable
Adults Project
Pop Up Wrapping
Project
Digital Literacy Project
Lambeth
Older Resident's
Project
Supported
Internships
Toucan Hospitality
Project
Covid Outreach
Project
Benefits Advice Project
Lewisham
Workstart
Project
Workstart
project||7,166
13,750
13,120
10,000|23,189
35,000
?,489
19,995
14,777
43,263
9,586
10,000
20,049|(20,939)
{35,000)
(7,166)
(2,457)
(19,745)
(13,750)
(14,777)
(37,070)
(10,000)
(4,793)
(10,000)
{12,133)|2,250
5,032
250
19,313
4,793
7,916| |||131,682|183,348|I187,830I|127,200| ||||||At| |||At||31|March 202| |||1 April 2021|Income|Expenditure|2| |Reorganisation
& Development
Fund
Lambeth
NEET Project
First Job Initiative
Southwark
Works
Lewisham
Vulnerable
Adults Project
Pop Up Wrapping
Project||87,646
24,961
2,999|35,000
27,857|(24,961)
(2,999)
(35,000)
(20,691)|87,646
7,166| |Digital Literacy Project|||||| |Lambeth
Older Resident's
Project
Supported
Internships
Toucan Hospitality
Project
Covid Outreach
Project
Benefits Advice Project||1,137
13,585|22,270
16,029
42,571
15,000|(9,657)
(29,614)
{29,451)
(5,000)|13,750
13,120
10,000| |Lewisham
Workstart
Project|||||| |Workstart
project|||||| |||130,328|158,727|(157,373)|131,682| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Analysis|of net as|sets between
funds|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2023| |Tangible|fixed assets||1,143||1,143| |Current|assets||97,249|126,200|223,449| |Creditors|less than|1 year|(7,359)||(7,359)| |Net assets|||91,033|126,200|217,233| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2022| |Tangible|fixed assets||1,523||1,523| |Current|assets||56,088|131,682|187,770| |Creditors|less than|1 year|(7,248)||(7,248)| |Net assets|||50,363|131,682|182,045| ## ## ## ## ## ## ## ## |||2023|2022| |---|---|---|---| |Income and endowments|||| |Donations
and Grants|||| |Tudor Trust
Charterhouse
in Southwark
Vintners'
Foundation
Leathersellers'
Company
Charitable
Fund
Together for London
Bergman
Lehane Trust
Arnold Clark Automobiles
Margharet
Dobson Further
Education
Trust
Merchant
Taylors' Charitable
Foundation
DHE Mary
Bailey Thomas Charitable
Fund
Unity Works
Cafe Van Gogh (ESF)
Edward Gosling Foundation
Cecily Northcote
Charitable
Trust
Southwark
Council
Lewisham
College (ESFA)
Walcot Foundation
29th May 1961Charitable
Trust
Global Make Some Noise Foundation
Donations||36,000
6,750
5,000
10,000
9,586
250
4,950
35,000
10,000
7,489
922
14,777
39,668
19,073
251|10,000
250
1,000
4,800
500
15,000
35,000
11,082
15,000
16,029
31,489
4,000| |The David Solomons Charitable
Trust
Ashworth
Charitable
Trust
Leigh Day
Jules Thorn
Drapers
' Charitable
Foundation
Team London Bridge Building Communities
ESF(London Councils/ ESF)
Schroder Trust
SYP Foundation|Fund|1,000
3,000
10,000
2,000
8,500
2,489
5,595
2,500
'7,549|| |Co-op Foundation
Girdlers Company
Lambeth/London
Social Enterprise
Fund||2,086
5,000|7,270| ## ## ## ## ## ||2023|2022| |---|---|---| |Brought forward|{249,435)|(151,420)| |Deptford Challenge
Trust
Government
grant income||27,857
10,684| ||249,435|189,961| |Charitable
activities||| |Dig it Nursery||2,500| |Investment
income||| |Bank interest receivable|92|| |Total income|249,527|192,461| |Expenditure||| |Expenditure
on charitable activities||| |Wages and salaries
Pension costs
Rent
Insurance
Other motoritravel
costs
Legal and professional
fees
Telephone
Other office costs
Depreciation
Stationery 8 Postage costs
Renewals:Equipment
8 software
Staff Development
and training
Website
4tnd computer costs
Subscriptions
and CRBexpenses|172,?50
3,570
18,129
877
1,089
3)502
1,081
2,480
380
889
2,968
811
5,280
533|173,736
8,574
11,722
853
1,612
3,730
1,170
1,482
507
403
904
971
1,212| ||214,339|206,876| |Total expenditure|214,339|206,876| |Net income/{expenditure)|35,188|(14,415I|