| Page | |||||
|---|---|---|---|---|---|
| Refereace and administrative | details | ||||
| Trustees' report | 2 | to | 6 | ||
| Independent examiner's report |
|||||
| Statement ofiinancial | activities | ||||
| Statement offinancial | position | ||||
| Statement ofcash flows | 10 | ||||
| Notes to the financial | statements | 11 | to | 17 | |
| Detailed statement of | flnaacial | activities | 18 | to | 19 |
| FO | RTHE Y | EAR E | NDED 31STM | ARCH 2022 | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | K | K | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2 | 12 | 12 | ||||
| Charitable activities |
|||||||
| Charitable activities |
206,652 | 206,652 | 380,063 | ||||
| Other income | ~5978 | ~5978 | ~2664 | ||||
| Total | 5,990 | 206,652 | 212642 | 382,738 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable activities |
50283 | 242 260 | 292 543 | ~21785 | |||
| NET INCOME/(EXPENDITURE) | (44,293) | (35,608) | (79,901) | 164,880 | |||
| Transfers betweea fuads |
12 | 150,793 | ~150793) | ||||
| Net movement in funds |
106,500 | (186,401) | (79,901) | 164,880 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 840,186 | 218,161 | 1,058,347 | 893,467 | ||
| TOTAL FUNDS CARRIED FORWARD | ~946686 | 31,760 | ~978446 | ~1058347 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | 8 | ||
| FIXEDASSETS | |||
| Tangible assets | 806,465 | 809,273 | |
| CURRENT ASSETS | |||
| Debtors | 31,760 | 30,928 | |
| Cash at bank and in hand | 168,927 | 269,583 | |
| 200,687 | 300,511 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (28,706) | (51,437) |
| NET CURRENT ASSETS | 171,981 | 249,074 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 978,446 | 1,058,347 | |
| NET ASSETS | 978,446 | ~1058 47 | |
| FUNDS | 12 | ||
| Unrestricted funds: |
|||
| General fund | 946,686 | 840,186 | |
| Restricted funds: | |||
| Restricted fund | ~31760 | ~218 161 | |
| TOTAL FUNDS | 978,446 | ~1058347 |
| OR T | HE YEAR ENDED | 31STMARCH 202 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | |||||
| Cash flows from operatiag | activities | ||||
| Cash generated from operations |
14 | ~100656 | ~l38 104 | ||
| Net cash (used in)/provided | by operating | activities | (100,656) | ~138104 | |
| Cash flows from iavesting | activities | ||||
| Purchase oftangible fixed assets | 11230 | ||||
| Net cash provided by/(used |
in) investing | activities | ~11230) | ||
| Change in cash and cash equivalents | in | ||||
| the reporting period |
(100,656) | 126,874 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | ~269583 | 142709 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
~168927 | ~269583 |
| Furniture | and equipment | 20% |
|---|---|---|
| Fixtures | and fittings | 20% |
| Computer | equipment | 20% |
| Freehold | property | No depreciation |
| 2022 | 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | fuads | fuads | funds | ||||||
| 8 | 8 | 8 | 8 | ||||||
| Interest Received | 12 | 12 | 11 | ||||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||||
| 2022 | 2021 | ||||||||
| Activity | 8 | 8 | |||||||
| The BigLottery (HCVS) | Charitable | activities | 5,000 | ||||||
| Hackney Parochial | Charity | Charitable | activities | 439 | |||||
| UEL - University | East | ||||||||
| London | Charitable | activities | 4,200 | 4,200 | |||||
| London Borough of | |||||||||
| Hackney S2106 | Charitable | activities | 3,000 | ||||||
| Lottery Community | Fund | Charitable | activities | 54,261 | 149,958 | ||||
| Job Retention Scheme |
|||||||||
| Grant | Charitable | activities | 1,395 | 3,536 | |||||
| Comic Relief | Charitable | activities | 2,275 | ||||||
| East End Cominunity | Grant | Charitable | activities | 5,998 | |||||
| HPC Covid Response | Charitable | activities | 2,806 | ||||||
| 1mkaan | Charitable | activities | 25,000 | ||||||
| LBHackney Business | Grant | Charitable | activities | 1,351 | 5,000 | ||||
| Lloyds Bank Foundation- | |||||||||
| DCMS | Charitable | activities | 30,000 | 32,710 | |||||
| London Community | |||||||||
| Foundation | Charitable | activities | 60,918 | ||||||
| North Kensington | Charitable | activities | 15,000 | ||||||
| South Hackney Parochial |
Charitable | activities | 2,806 | ||||||
| Women's Aid |
Charitable | activities | 3,125 | 20,479 | |||||
| Give as you live | Charitable | activities | 1,257 | ||||||
| Vitol Foundation | Charitable | activities | 2,025 | ||||||
| Hackney(MOPAC) | Parent | ||||||||
| Champion Project |
Charitable | activities | 31,609 | 30,928 | |||||
| Crown Funding (WJC) | Charitable | activities | 1,728 | ||||||
| Fore Trust | Charitable | activities | 5,000 | ||||||
| JCWI Windrush | |||||||||
| Beneficiary Grant |
Charitable | activities | 5,078 | ||||||
| Lottery Awards For | All | Charitable | activities | 9,999 | |||||
| Compass Wellbeing | Charitable | activities | ~65 | 634 | |||||
| 206,652 | ~380063 |
| Direct | ||||
|---|---|---|---|---|
| Costs (see | ||||
| note 5) | ||||
| Charitable activities |
292,543 | |||
| DIRECT COSTSOF | CHARITABLE ACTIVITIES | |||
| 2022 | 2021 | |||
| 8 | ||||
| Staff costs | 179,589 | 103,624 | ||
| Professional fees |
10,352 | 18,682 | ||
| Management &Supervision |
483 | 9,095 | ||
| Volunteer expenses |
9,449 | 3,114 | ||
| Education, training &workshops |
3,306 | 810 | ||
| Beneficiary costs | 8,407 | 10,920 | ||
| Rent, rates &.water | 7,702 | 6,902 | ||
| Light &heat | 7,783 | 7,831 | ||
| Postage, stationery, printing |
telephone | 7,912 | 6,678 | |
| Repairs, maintenance, | cleaning &security | 11,649 | 15,732 | |
| Insurance | 6,772 | 4,662 | ||
| Donations &subscriptions | 3,382 | 1,120 | ||
| Travel, subsistence &general | 1,662 | 304 | ||
| Accountancy fees |
3,352 | 7,597 | ||
| Bank charges & interest | 324 | 274 | ||
| Recruitment Costs |
344 | 1,415 | ||
| Miscellaneous expenses |
480 | |||
| Computer Costs |
6,441 | 938 | ||
| Independent Examiner's |
fees | 2,400 | 2,000 | |
| Counsel ling | 13,167 | 13,353 | ||
| Food Distribution | 3,350 | |||
| Working from home Allowance |
1,430 | |||
| Depreciation | ~2807 | ~2807 | ||
| 292 543 | ~217858 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| f | 8 | |||||||
| Wages and salaries | 168,283 | 99,772 | ||||||
| Social security | costs | 8,775 | 2,688 | |||||
| Other pension | costs | 2,531 | 1 164 | |||||
| ~l79589 | ~103 624 | |||||||
| The average monthly | number ofemployees | during the year was as follows: | ||||||
| 2022 | 2021 | |||||||
| Charitable activities |
10 | 10 | ||||||
| No employees | received emoluments | in excess of$60,000. | ||||||
| 8. | TANGIBLE | FIXED | ASSETS | |||||
| Fixtures | ||||||||
| Freehold | Plant and | and | Computer | |||||
| property | machinery | fittings | equipment | Totals | ||||
| 8 | 8 | |||||||
| COST | ||||||||
| At 1stApril 2021 and 31stMarch 2022 |
~800 | 000 | 54917 | ~8061 | 33,874 | 896,852 | ||
| DEPRECIATION | ||||||||
| At 1stApril 2021 | 54,917 | 8,061 | 24,601 | 87,579 | ||||
| Charge for year | ~2808 | ~2808 | ||||||
| At 31stMarch | 2022 | 54,917 | 8,061 | ~27 409 | ~90 87 | |||
| NET BOOK | VALUE | |||||||
| At 31stMarch | 2022 | 800 | 000 | 6 465 | 806465 | |||
| At 31stMarch | 2021 | ~800 | 000 | ~9273 | ~809 273 |
| DEB | TORS:AMOUNTS FALLING DUE W | ITHIN ONE YEAR | |
|---|---|---|---|
| 2022 | 2021 | ||
| Other | debtors | ~31760 | 30,928 |
| 10. | CREDITORS | : AMOUNTS FA | LLING DUE WITHIN ON | E YEAR | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | ||||||
| Trade creditors | 1 | 2,503 | ||||
| Social security | and other taxes | 7,393 | 2,306 | |||
| Other creditors | 18,312 | 44,312 | ||||
| Pension Liability | 600 | 316 | ||||
| Accrued expenses | 2,400 | 2,000 | ||||
| 28,706 | ~51 437 | |||||
| 11. | ANALYSIS OF NET ASSETS | BETWEEN FUNDS | ||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fundf | fundf | funds | funds f |
|||
| Fixed assets | 806,465 | 806,465 | 809,273 | |||
| Current assets Current liabilities |
168,927 ~28706 |
31,760 | 200,687 ~28 706) |
300,511 ~51,437) |
||
| ~946 686 | ~31 760 | ~978 446 | ~1058347 | |||
| 12. | MOVEMENT | IN FUNDS | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.22 | |||
| f | f | |||||
| Unrestricted funds |
||||||
| General fund | 840,186 | (44,293) | 150,793 | 946,686 | ||
| Restricted funds | ||||||
| Restricted fund |
218,161 | (35,608) | (150,793) | 31,760 | ||
| TOTAL FUNDS | ~I058 47 | ~79,901) | - | 978446 | ||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended f |
in funds f |
||||
| Unrestricted funds |
||||||
| General fund |
5,990 | (50,283) | (44,293) | |||
| Restricted funds | ||||||
| Restricted fund |
206,652 | (242,260) | (35,608) | |||
| TOTAL FUNDS | 212,642 | ~292 543) | ~79 901) |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.21 | |
| Unrestricted funds |
|||
| General fund |
834,890 | 5,296 | 840,186 |
| Restricted funds |
|||
| Restricted fund |
58,577 | 159,584 | 218,161 |
| TOTAL FUNDS | ~893467 | ~164880 | 1~058 47 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| K | 8 | ||
| Unrestricted funds |
|||
| General fund | 12,207 | (6,911) | 5,296 |
| Restricted funds | |||
| Restricted fund |
370,531 | (210,947) | 159,584 |
| TOTAL FUNDS | ~382738 | ~217858) | ~164880 |
| 13. | RELATED PARTY | DISC | LOSURES | |||||
|---|---|---|---|---|---|---|---|---|
| There were no related | party | transactions | forthe year ended 31stMarch 2022. | |||||
| 14. | RECONCILIATION | OF | NET (EXPENDITURE)/INCOME | TO NET CASH FLOW | FROM | |||
| OPERATING ACTIVITIES | ||||||||
| 2022 | 2021 | |||||||
| 8 | ||||||||
| Net (expenditure)/income | for the reporting | period (as per the | ||||||
| Statement offinancial | activities) | (79,901) | 164,880 | |||||
| Adjustments for: |
||||||||
| Depreciation charges |
2,808 | 2,807 | ||||||
| Increase in debtors |
(832) | (30,928) | ||||||
| (Decrease)/increase in |
creditors | ~22 731 | 1,345 | |||||
| Net cash (used in)/provided | by operations | ~100656) | ~138 104 | |||||
| 15. | ANALYSIS OF CHANGES IN NET | FUNDS | ||||||
| At 1.4.21 | Cash Sow | At 31.3.22 | ||||||
| K | K |
| FORTHE YEAR ENDED 31STM | ARCH 2022 | ||
|---|---|---|---|
| ANALYSIS OF CHANGES IN NET FUNDS - eoatinued | |||
| Cash at bank and in hand | 269,583 | ~100656 | ~168927 |
| ~269 583 | ~100656 | 168927 | |
| Total | 269,583 | ~100 656 | ~168927 |
| F R | THE YEA | R ENDED 31ST | MARCH 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fuads | funds | funds | funds | ||||
| 8 | 8 | 8 | 8 | ||||
| INCOME AND ENDOWMENTS | |||||||
| Donations and legacies |
|||||||
| Interest Received | 12 | 12 | 11 | ||||
| Charitable activities |
|||||||
| The BigLottery (HCVS) | 5,000 | ||||||
| Hackney Parochial Charity |
439 | ||||||
| UEL - University East London |
4,200 | 4,200 | 4,200 | ||||
| London Borough ofHackney | S2106 | 3,000 | |||||
| Lottery Community Fund |
54,261 | 54,261 | 149,958 | ||||
| Job Retention Scheme Grant |
1,395 | 1,395 | 3,536 | ||||
| Comic Relief | 2,275 | ||||||
| East End Community Grant |
5,99$ | ||||||
| HPC Covid Response | 2,806 | ||||||
| Imkaan | 25,000 | ||||||
| LBHackney Business Grant | 1,351 | 1,351 | 5,000 | ||||
| Lloyds Bank Foundation | -DCMS | 30,000 | 30,000 | 32,710 | |||
| London Community Foundation |
60,918 | ||||||
| North Kensington | 15,000 | ||||||
| South Hackney Parochial |
2,806 | ||||||
| Women's Aid |
3,125 | 3,125 | 20,479 | ||||
| Give as you live | 1,257 | ||||||
| Vitol Foundation | 2,025 | ||||||
| Hackney(MOPAC) Parent Champion |
Project | 30,928 | |||||
| Crown Funding (WJC) | 1,728 | ||||||
| Fore Tflist | 5,000 | ||||||
| JCWI Windrush Beneficiary |
Grant | 5,078 | 5,078 | ||||
| Lottery Awards For All | 9,999 | 9,999 | |||||
| Compass Wellbeing |
65,634 | 65,634 | |||||
| Hackney (MOPAC) for the | Parent | ||||||
| Champion Project |
31,609 | 31,609 | |||||
| 206,652 | 206,652 | 380,063 | |||||
| Other income | |||||||
| Donations and other fundraising |
5,978 | 5,97$ | 2,664 | ||||
| Total iacoming resources | 5,990 | 206,652 | 212,642 | 382,738 | |||
| EXPENDITURE | |||||||
| Charitable activities |
|||||||
| Wages | 168,283 | 168,283 | 99,772 | ||||
| Social security | 8,775 | 8,775 | 2,688 | ||||
| Pensions | 2,531 | 2,531 | 1,164 | ||||
| Professional fees |
10,352 | 10,352 | 18,682 | ||||
| Carried forward | 2,531 | 187,410 | 189,941 | 122,306 |
| FORTHE YE | AR ENDED 31STM | ARCH 2022 | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| K | 8 | 8 | |||||
| Charitable activities |
|||||||
| Brought forward | 2,531 | 187,410 | 189,941 | 122,306 | |||
| Management &Supervision |
483 | 483 | 9,095 | ||||
| Volunteer expenses |
7,223 | 2,226 | 9,449 | 3,114 | |||
| Education, training &workshops | 3,306 | 3,306 | 810 | ||||
| Beneficiary costs | 8,407 | 8,407 | 10,920 | ||||
| Rent, rates &water | 7,702 | 7,702 | 6,902 | ||||
| Light &heat | 7,783 | 7,783 | 7,831 | ||||
| Postage, stationery, printing |
telephone | 548 | 7,364 | 7,912 | 6,678 | ||
| Repairs, maintenance, | cleaning &security | 11,649 | 11,649 | 15,732 | |||
| Insurance | 6,772 | 6,772 | 4,662 | ||||
| Donations &subscriptions | 3,382 | 3,382 | 1,120 | ||||
| Travel, subsistence &general | 1,662 | 1,662 | 304 | ||||
| Accountancy fees |
3,352 | 3,352 | 7,597 | ||||
| Bank charges &interest | 324 | 324 | 274 | ||||
| Recruitment Costs |
344 | 344 | 1,415 | ||||
| Miscellaneous expenses |
480 | 480 | |||||
| Computer Costs |
6,441 | 6,441 | 938 | ||||
| Independent Examiner's |
fees | 2,400 | 2,400 | 2,000 | |||
| Counselling | 552 | 12,615 | 13,167 | 13,353 | |||
| Pood Distribution | 3,350 | 3,350 | |||||
| Working from home Allowance |
1,430 | 1,430 | |||||
| Depreciation oftangible | fixed assets | ~2807 | ~2807 | 2 807 | |||
| 50,283 | ~242 260 | 292,543 | 217,858 | ||||
| Total resources expended | ~50283 | 242,260 | ~292 543 | 217,858 | |||
| Net income | ~44 293) | ~35,608) | ~79 901) | ~164880 |