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|---|---|---|---|---|
|Reference and administrative|details||||
|Trustees' report||2|to|6|
|Independent
examiaer's
report|||||
|Statement offinancial activities|||||
|Statement offinancial position|||||
|Statement ofcash flows|||10||
|Notes to the financial statements||11|to|17|
|Detailed statement offinancial|activities|18|to|19|
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|||FOR THE|YEAR E|NDED 31STMA|RCH 2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|8|8||8|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||2|14,408||14,408|12|
|Charitable
activities||||||||
|Charitable
activities||||4,700|157,679|162,379|206,652|
|Other income||||13 11311||13,828|5,979|
|Total||||32,936|157,679|190,615|212,643|
|EXPENDITURE ON||||||||
|Charitable
activities|||4|||||
|Charitable
activities||||85,780|189,439|275,219|292,543|
|Net gains on investments||||180 DDD||~180000||
|NET INCOME/(EXPENDITURE)||||127,156|(31,760)|95,396|(79,900)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought
forward||||946,687|31,760|978,447|1,058,347|
|TOTAL FUNDS CARRIED FORWARD||||1,073,843|-|1,073,843|970447|
##
||TATE||||
|---|---|---|---|---|
||||2023|2022|
|||Notes||8|
|FIXEDASSETS|||||
|Tangible assets|||983,658|806,465|
|CURRENT ASSET8|||||
|Debtors|||41,593|31,760|
|Cash at bank snd in hand|||69596|~168927|
||||111,189|200,687|
|CREDITORS|||||
|Amounts
felling due within one year||10|(21,004)|(28,705)|
|NET CURRENT ASSETS|||~90185|~171982|
|TOTAL ASSETSLESSCURRENT|||||
|LIAMLITIES|||1,073,843|978,447|
|NETASSETS|||~1073843|~978447|
|FUNDS||12|||
|Unrestricted
funds:|||||
|General fund|||1,073,843|946,687|
|Restricted funds:|||||
|Reshicted fund||||~31760|
|TOTAL FUNDS|||1073843|~978447|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated
&om operations||||~99331)|~100656)|
|Net cash used in operating|activities|||~99,331)|(100656)|
|Change
in cash and cash equivalents||in||||
|the reporting
period||||(99,331)|(100,656)|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||168,927|~269 583|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||69,596|168,927|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Total|
|||||funds||funds|funds|funds|
|||||8|||8|8|
||Interest Received||||183||183|12|
||Fees Collected|||~14|225||14,225||
|||||~14408|||14408|12|
||INCOME FROM CHARITABLE ACTIVITIES||||||||
||||||||2023|2022|
||||Activity||||||
||UEL - University
East||||||||
||London||Charitable|activities|||4,700|4,200|
||Lottery Community|Fund|Charitable|activities||||54,261|
||Job Retention
Scheine Grant||Charitable|activities||||1,395|
||Imkaan||Charitable|activities|||80,945||
||LBHackney Business Grant||Charitable|activities||||1,351|
||Lloyds Bank Foundation-||||||||
||DCMS||Charitable|activities|||2,250|30,000|
||Women's Aid||Charitable|activities||||3,125|
||Hackney(MOPAC)|Parent|||||||
||Champion
Project||Charitable|activities|||39,640|31,609|
||JCWI Windrush
Beneficiary||||||||
||Grant||Charitable|activities||||5,078|
||Lottery Awards For All||Charitable|activities||||9,999|
||Compass Wellbeing||Charitable|activities||||65,634|
||Action for Race Equality||Charitable|activities|||16,500||
||Hackney CVS||Charitable|activities|||5,000||
||Southall Black Sisters||Charitable|activities|||3,344||
||Together for London Fund||Charitable|activities|||10,000||
||||||||162,379|206,652|
|4.|CHARITABLE ACTIVITIES COSTS||||||||
|||||||||Direct|
|||||||||Costs (see|
|||||||||note 5)|
|||||||||8|
||Charitable
activities|||||||275 219|
##
##
|DIRECT COSTS|OF|CHARITABLE ACTIVITIES|||
|---|---|---|---|---|
||||2023|2022|
|||||8|
|Staff costs|||152,522|179,589|
|Professional
fees|||46,188|10,352|
|Management
fk Supervision||||483|
|Volunteer
expenses|||1,366|9,449|
|Education,
training|Ec.workshops||3,027|3,306|
|Beneficiary costs|||12,799|8,407|
|Rent, rates dc water|||9,176|7,702|
|Light Jt heat|||7,826|7,783|
|Postage, stationery,|printing Jt telephone||12,307|7,912|
|Repairs, maintenance,||cleaning k. security|3,541|11,649|
|Insurance|||4,146|6,772|
|Donations Jt subscriptions|||4,529|3,382|
|Travel, subsistence|dr, general||3,907|1,662|
|Accountancy
fees|||1,252|3,352|
|Bank charges fk interest|||223|324|
|Recruitment
Costs|||2,735|344|
|Miscellaneous
expenses|||1,128|480|
|Computer
Costs||||6,441|
|Independent
Examiner's||fees|2,400|2,400|
|Hardware Jt Software|||1,245||
|Counselling||||13,167|
|Food Distribution|||2,095|3,350|
|Working from home|Allowance|||1,430|
|Depreciation|||2,807|2,807|
||||~275 219|292,543|
##
##
##
|STAF|FCOSTS|||
|---|---|---|---|
|||2023|2022|
|||8||
|Wages|and salaries|142,882|168,283|
|Social|security costs|7,425|8,775|
|Other|pension costs|2,215|2,531|
|||152,522|179,589|
|The averag|e monthly
number ofemployees
during th|e year was as follows:||
|---|---|---|---|
|||2023|2022|
|Charitable|activities|10|10|
##
##
|TANGIBLE FIXEDASSET|S|||||
|---|---|---|---|---|---|
||||Fixtures|||
||Freehold|Plant and|and|Computer||
||property|machinery|fittings|equipment|Totals|
||8||8|||
|COST OR VALUATION||||||
|At 1stApril 2022|800,000|54,917|8,061|33,874|896,852|
|Revaluations|180,000||||180,000|
|At 31stMarch 2023|980,000|54,917|8,061|33,874|1,076,852|
|DEPRECIATION||||||
|At 1stApril 2022||54,917|8,061|27,409|90,387|
|Charge for year||||2,807|2,807|
|At 31stMarch 2023||54,917|8,061|~30216|93 194|
|NET BOOK VALUE||||||
|At 31stMarch 2023|980,000|||3,658|983,658|
|At 31stMarch 2022|800000|||6,465|806,465|
|||||Fixtures|||
|---|---|---|---|---|---|---|
|||Freehold|Plant and|and|Computer||
|||property
8|machinery
8|fittings
8|equipment
8|Totals|
|Valuation|in 2016|662,212||||662,212|
|Valuation|in 2022|180,000||||180,000|
|Cost||137,788|54,917|8,061|33,874|234,640|
|||989,DDD|14917|8D61|33,874|~1,076 852|
|DEBTORS:AMOUNTS||FALLING DUE|WITHIN ONE YEAR||||
||||||2023|2022|
|||||||8|
|Other debtors|||||41,593|~31 760|
|CREDITORS|: AMOUNTS FA|LLING|DUK WITHIN ONK|YEAR|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||8|8|
|Social security|and other taxes|||||7,393|
|Other creditors|||||18,312|18,312|
|Pension Liability|||||292|600|
|Accrued expenses|||||2400|2,400|
||||||21,004|28 705|
|ANALYSIS OF NET ASSETS||BETWEEN FUNDS|||||
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
||||8||||
|Fixed assets|||983,658||983,658|806,465|
|Current assets
Current
liabilities|||111,189
~21004)||111,189
~21,004)|200,687
~28,705)|
||||7,073,848|.|7,078,847|978,447|
|MOVEMENT|IN FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 1.4.22|in funds|31.3.23|
|Unrestricted
funds|||||||
|General
fund||||946,687|127,156|1,073,843|
|Restricted funds|||||||
|Restricted fund||||31,760|(31,760)||
|TOTAL FUNDS||||~978 447|95,396|1~073 843|
|Net movement|in funds, included|in the|above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||8||||
|Unrestricted
funds|||||||
|General fund|||32,936|(85,780)|180,000|127,156|
|Restricted funds|||||||
|Restricted fund|||157,679|(189,439)||(31,760)|
|TOTAL FUNDS|||~190 615|(275,219)|180,000|95,396|
##
##
##
||Comparatives
for mo|veme|nt
in funds||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds|funds|31.3.22|
|||||||8||f.|
||Unrestricted
funds||||||||
||General fund||||840,186|(44,292)|150,793|946,687|
||Restricted funds||||||||
||Restricted fund||||218,161|(35,608)|(150,793)|31,760|
||TOTAL FUNDS||||~1,05834/|79900||978,447|
||Comparative
net movement||in funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||f.|8||
||Unrestricted
funds||||||||
||General fund|||||5,991|(50,283)|(44,292)|
||Restricted
funds||||||||
||Restricted fund|||||206,652|(242,260)|(35,608)|
||TOTAL FUNDS|||||~212 643|(292,543)|~79,900|
|13.|RELATED PARTY DISCLOSURES||||||||
||There were no related|party|transactions|for the year ended 31stMarch 2023.|||||
|14.|RECONCILIATION|OF NET INCOME/(EXPENDITURE)||||TO NET CASH|FLOW FROM||
||OPERATING ACTIVITIES||||||||
||||||||2023|2022|
||Net income/(expenditure)||for the reporting||period (as per the||||
||Statement offinancial|activities)|||||95,396|(79,900)|
||Adjustments
for:||||||||
||Depreciation
charges||||||2,807|2,808|
||Losses on investments||||||(180,000)||
||Increase in debtors
Decrease in creditors||||||(9,833)
~7701|(832)
~22,732|
||Net cash used in operations||||||~99,331)|10065|
|15.|ANALYSIS OF CHANGES IN NET|||FUNDS|||||
|||||||At 1.4.22|Cash tlow|At31.3.23|
|||||||f|||
##
||
F RTH
ARE
DED I TM|H2 2|||
|---|---|---|---|---|
|15.|ANALYSIS OF CHANGES IN NET FUNDS - continued||||
||Net cash||||
||Cash at bank and in hand|~168927|~99,331|~69596|
|||~168 927|~99331)|~69596|
||Total|168927|~99,331|~69 596|
##
##
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds
8|funds|fundsf|
|INCOME AND ENDOWMENTS|||||||||
|Donations
and legacies|||||||||
|Interest Received|||||183||183|12|
|Fees Collected|||||14,225||14,225||
||||||14,408||14,408|12|
|Charitable
activities|||||||||
|UEL - University
East London|||||4,700||4,700|4,200|
|Lottery Community|Fund|||||||54,261|
|Job Retention
Scheme Grant||||||||1,395|
|Imkaan||||||80,945|80,945||
|LBHackney
Business Grant||||||||1,351|
|Lloyds Bank Foundation||- DCMS||||2,250|2,250|30,000|
|Women's Aid||||||||3,125|
|Hackney(MOPAC)
Parent Champion||||Project||39,640|39,640|31,609|
|JCWI Windrush
Beneficiary|||Grant|||||5,078|
|Lottery Awards For|All|||||||9,999|
|Compass Wellbeing||||||||65,634|
|Action for Race Equality||||||16,500|16,500||
|Hackney CVS||||||5,000|5,000||
|Southall Black Sisters||||||3,344|3,344||
|Together for London|Fund|||||10,000|10,000||
||||||4,700|157,679|162,379|206,652|
|Other income|||||||||
|Donations
and other|fundraising||||13,452||13,452|5,979|
|Membership|||||376||376||
||||||~13 828||~13 828|~5979|
|Total incoming
resources|||||32,936|157,679|190,615|212,643|
|EXPENDITURE|||||||||
|Charitable
activities|||||||||
|Wages||||||142,882|142,882|168,283|
|Social security||||||7,425|7,425|8,775|
|Pensions||||||2,215|2,215|2,531|
|Professional
fees|||||40,279|5,909|46,188|10,352|
|Management
Jt Supervision||||||||483|
|Volunteer
expenses|||||1,366||1,366|9,449|
|Education, training Jt workshops||||||3,027|3,027|3,306|
|Beneficiary costs||||||12,799|12,799|8,407|
|Rent, rates Jcwater|||||9,176||9,176|7,702|
|Carried forward|||||50,821|174,257|225,078|219,288|
##
##
|||FORTHE Y|EAR ENDED 31STM|ARCH 2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|fuads|funds|funds|
|||||8|||
|Charitable
activities|||||||
|Brought forward|||50,821|174,257|225,078|219,288|
|Light &heat|||7,826||7,826|7,783|
|Postage, stationery,
printing &telephone|||3,200|9,107|12,307|7,912|
|Repairs, inaintenance,|cleaning & security||3,541||3,541|11,649|
|Insurance|||4,146||4,146|6,772|
|Donations &subscriptions|||4,529||4,529|3,382|
|Travel, subsistence &general|||3,907||3,907|1,662|
|Accountancy
fees|||1,252||1,252|3,352|
|Bank charges &interest|||223||223|324|
|Recruitment
Costs||||2,735|2,735|344|
|Miscellaneous
expenses|||1,128||1,128|480|
|Computer
Costs||||||6,441|
|Independent
Examiner's||fees|2,400||2,400|2,400|
|Hardware &Soihvare||||1,245|1,245||
|Counselling||||||13,167|
|Food Distribution||||2,095|2,095|3,350|
|Working from home Allowance||||||1,430|
|Depreciation oftangible||fixed assets|2,807||2 807|2 807|
||||85,780|189,439|275,219|292,543|
|Total resources expended|||85,780|189,439|275,219|292,543|
|Net (expenditure)/income|||~52,844)|~31760)|~84,604)|~79,900)|