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2021-03-31-accounts

Registered Charity Number 1079574 Registered Company Number 03512914

Report and Accounts Year Ended 31 March 2021

66 Earl Street, Maidstone Kent ME14 1PS

Prepared by Hamilton Coopers Chartered Accountants

The Report of Trustees for Year End 31 March 2021

Report and Accounts

Table of Contents

Charity and Company Information 1
Trustees’ Report 2
Auditor’s Report 9
Statement of Financial Activities 11
Balance Sheet 12
Cashflow Statement 13
Notes 14

The Report of Trustees for Year End 31 March 2021

Company Information

Directors

Simran Chawla Bharvi Hadani Vidhu Sood-Nicholls Olivia Spruce Wupya Nandap Ria Brookes

Auditors

Hamilton Coopers 66 Earl Street Maidstone Kent ME14 1PS

Bankers

H.S.B.C 176 Camden High Street London NW1 5QL

Solicitors

Weil, Gotshal & Manges LLP 110 Fetter Lane London EC4A 1AY

Registered Office

50-52 Hampstead Road London NW1 2PT

Registered Charity Number - 1079574 Registered Charity Number - 3512914

1

The Report of Trustees for Year End 31 March 2021

TRUSTEES’ REPORT

INTRODUCTION

The trustees present their annual report and accounts for the year ended 31st March 2021.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and reporting for Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and ROI (FRS 102)

Directors and Trustees

The Directors of the charitable company are its Trustees for the purpose of charity law. Throughout this report the Directors / Trustees are collectively referred to as the Directors.

Simran Chawla – Chair Bharvi Hadani – Treasurer Vidhu Sood-Nicholls – Fundraising Olivia Spruce – Homecare Wupya Nandap – Legal and Governance Ria Brookes – Programmes

Retired: Anvita Maden-Bahel Karen Ng

STRUCTURE, GOVERNANCE AND MANAGEMENT

Hopscotch was established as an independent voluntary organization on 1 June 1998 from Save the Children. It is a company limited by guarantee and became a registered charity on 28 February 2000.

STRUCTURE

The Trustees, who are also the Directors for the purpose of company law, do not have any beneficial interest in the company. All Trustees were members of the company and guarantee to contribute £1 in the event of a winding up.

Trustees are interviewed and selected by other Trustees and the Senior Management Team. They are representative of the community in which Hopscotch delivers its services as well as professionals and advisors from the local authority who provide many key skills that are essential in the sustainability and development of the organisation.

There is an induction process that all Trustees go through which is carried out by the CEO and Chair and includes the organisation's policies and procedures and forms that need to be filled in from Companies House and the Charity Commission.

The Senior Leadership Team agrees all decisions which must come to the main Board of Trustees - this is then delegated in the form of action points via the minutes to the CEO.

THE PAY POLICY OF SENIOR STAFF

The Board of Trustees and Senior Leadership Team of Hopscotch comprise the key management personnel of the charity directing, controlling, and running the charity on day to day basis. No Trustee/Director received remuneration during the year. The Senior Leadership Team includes, CEO, Head of Programmes, Head of Homecare and Head of Finance.

2

The Report of Trustees for Year End 31 March 2021

MESSAGE FROM OUR CHAIR OF BOARD OF TRUSTEES – SIMRAN CHAWLA

Hopscotch Women’s Centre- like many VCS organisations- has come through one of its most challenging years. The Covid-19 pandemic had a profound impact on our services, our staff and our funding. And yet, a few key factors enabled us to not only survive, but also thrive:-

It is this agility and forward-thinking that has led us to be one of Camden Council’s lead partners in projects including responding to the Afghan refugee crisis in London. Our CEO has fundraised at an incredible pace, which has enabled us to recruit four professional advocates who are appropriately trained, speak Pashto and Dari and will ensure a trauma-informed and sensitive service to approximately 2,000 Afghans recently arrived in the borough.

We are here for all minoritised women and families. We have changed our name from Hopscotch Asian Women’s Centre to simply Hopscotch Women’s Centre in order to truly reflect the diversity of those we work with. We have a fresh and inspiring Vision, Mission and Strategic Aims too. We will always be here for the women who have historically accessed our services but were conscious of potentially shutting out those who might need access to us but were not south Asian. The Board and Senior Leadership Team, after much introspection and soul-searching agreed that this felt like the right direction for us. This decision was inspired by the wide consultation with service users, staff and other stakeholders.

I feel privileged to be part of this dynamic and fearless organisation and look forward to doing more and doing even better alongside our amazing and inspiring women.

WELCOME FROM OUR CEO – BENAIFER BHANDARI

A huge thank you to all our supporters, London Borough of Camden, our responsive trustees and incredibly resilient and agile team at Hopscotch for their actions over the past year.

Through Covid-19 lockdowns we have all pulled together to bring Hopscotch Women’s Centre to a much stronger position than before.

We built on previous consultation to not only rebrand, but engage more meaningfully with partners in Camden and beyond. We have strengthened our relationship with the London Borough of Camden and got, worked out ways through the difficulties imposed by lockdown, to partner on great projects with others, and more recently to work with the whole borough to support refugees in crisis.

The team have spent time reflecting on their roles and needs of service users during lockdown, and there is a renewed feeling of togetherness. We honour the work that has had to continue from the office, like our Homecare service, and those programmes which have been conducted remotely – with all the challenges that brought.

We have pushed forward the urgent goal of all staff having access to clinical supervision and the organisation has been through a period of introspection around race resilience, as a whole and as for the individuals who make up the whole.

Our strength this year has come from our renewed visions, mission and strategic aims, which have never been more important or needed

3

The Report of Trustees for Year End 31 March 2021

HOPSCOTCH’S VISION

Our vision is a society where all women are empowered, connected, well and safe, so they can achieve their full potential.

HOPSCOTCH’S MISSION

HOPSCOTCH’S AIMS

KEY ACHIEVEMENTS

Our Homecare service achieved record hours in supporting the most vulnerable and diverse people of Camden, through the efforts of our office staff and team of care workers. Our previous accounts have demonstrated the struggles with this service, mostly around recruitment. However, with a stronger team in place and with the support of our Homecare Trustee we have a good recruitment strategy in place. Although slow – as is throughout the industry, recruitment is now steady

In this year our wraparound Programme work has expanded and strengthened for women and girls on the cusp of gender and racial inequity – with our trauma informed approach meaning women and girls are sensitively supported towards health, wellbeing, safety and financial independence.

These services include:-

Violence against Women and Girls

Working with women and girls, exploring understanding around abuse through peer support groups, whilst supporting women who are suffering – bringing them to safety and building up their confidence and independence, whatever their decision. This service also works with women in the high-risk category with multiple disadvantages and needing almost constant support to break out of patterns of abuse and selfneglect

Welfare/Benefits Advocacy

A service designed to support those with little confidence and knowledge of their rights and those who struggle with intense stress around poverty, homelessness and challenges with disabilities

Mental Health Advocacy

A culturally appropriate space for women to speak with our advocate and explore options around mental wellbeing on a one to one and group basis. Working with local GP services, as well as all of our own service users and staff

4

The Report of Trustees for Year End 31 March 2021

Employment and Employment Development Support

Hopscotch is perhaps best known for this work, where we build confidence, skills and resilience in women looking for employment through accessible training and activities to build motivation. In addition, we support those at risk of in-work poverty in London by upskilling individuals to be able to achieve their dream positions

Elder Women

Engaging elder women in social and physical experiences, boosting confidence and reduce mental stress amongst those who rarely leave their localities. Working in nature, near water and the earth and with different minoritised groups the women have also been enjoying music sessions as well as accessible IT skills development. Through our range of offers, women have the chance to remember their youth and expand their present horizons to encompass friendships across cultures

Youth Support

Working sensitively with girls from traditional households, this service supports young people, exploring their life motivations, creativity and the ways to remain safe from coercive control whilst living an engaging life as a Londoner

All our services are for Black and minoritised ethnic women Londoners who fall into the category of “easy to ignore” and we have worked steadily with our outreach – even through lockdown – to offer our services to those most in need.

Our connection with team leads at the London Borough of Camden and some of London’s corporate organisations has deepened, as we’ve supported each other through the inevitable challenges of the past year. Trust and a healthy reliance on each other are better than ever, and the strengthening of relationships is a great example for us to use with other organisations and boroughs like Brent.

PRIORITIES AND THE FUTURE

To develop even stronger relationships with local authorities, funders and other VCS to be very efficient in the face of any crisis in London and to be able to be financially agile to meet needs of the moment. We would like to achieve this through:-

VOLUNTEERS

Hopscotch provided opportunities for 16 volunteering and intern places in administrative and project roles, which are robustly supported with regular supervision and support.

FINANCIAL REVIEW

Year End Income Expenditure Surplus/Deficit
31 March 2021 £1,696,918 £1,526,692 £170,226
31 March 2020 £1,567,521 £1,620,462 (£52,941)

5

The Report of Trustees for Year End 31 March 2021

PRINCIPAL RISKS AND UNCERTAINTIES

Risks are analysed by the Board as a whole quarterly and key working groups atleast monthly for:-

Some of the main risks identified for Hopscotch and plans to mitigate these risks include:-

ACCREDITATIONS

Hopscotch holds AQS at the Advice with Casework Level and the Matrix Quality Standard for Information Advice and Guidance services accreditations.

INVESTMENT POLICY

Aside from retaining a prudent amount in reserves each year, a high proportion of the charity's funds are to be spent in the short term so there are no funds for long term investment. The Trustees currently retain unrestricted funds in a deposit account, which ensures that the funds can be accessed immediately and are not susceptible to financial market risk.

6

The Report of Trustees for Year End 31 March 2021

RESERVES POLICY

The Trustees have considered the charity's requirements for reserves, taking account of the main risks to the organisation, and they feel that significant reserves should be held because:

A policy has been established by the Trustees whereby the unrestricted reserves not committed or invested in tangible fixed assets (free reserves) and is targeted at a minimum of 3 months of the anticipated expenditure. At 31 March 2021 the free unrestricted funds including the redundancy funds is £176,065. In the uncertain economic times, Trustees feel it is essential to achieve and retain the targeted level of unrestricted reserves. Trustees plan to increase the level of reserves to the minimum requirement by organising fundraising activities for the charity and seeking opportunities for individual and corporate donors.

The Trustees will maintain as a prudent approach with the intention to retain reserves sufficient to cover salaries of key personnel and running costs for a minimum of three months. Other non-essential personnel will be covered by the redundancy provision.

PUBLIC BENEFIT

Trustees of a charity have a duty to report in their Annual Report on their charity's public benefit. The Trustees of Hopscotch have considered the requirements which are explained on the Charity Commission website.

The sections of this report entitled "Hopscotch Mission" onward set out Hopscotch's objectives and reports on the activity and successes in the year to 31 March 2020 as well as explaining the plans for the current financial year.

The Trustees have considered this matter and concluded:-

  1. That the aims of the organisation continue to be charitable

  2. That the alms and the work done give identifiable benefits to the charitable sector and both indirectly and directly to individuals in need

  3. That the benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay

  4. That there is no detriment or harm arising from the aims or activities

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Trustees are aware that Company law requires Trustees to prepare financial statements to:-

7

The Report of Trustees for Year End 31 March 2021

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO THE AUDITORS

So far as the Trustees are aware, there is no relevant information of which the charitable company’s Independent examiners are unaware, and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant audit information and to establish that the charity’s auditors are of that information.

A resolution proposing the reappointment of Hamilton Coopers as auditors will be put to the annual general meeting.

METHOD OF PREPARATION OF ACCOUNTS

The accounts have been prepared in accordance with the charity’s Memorandum and Articles of Association and comply with the Companies Act 2006 and the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities Act 2011.

6th Nov 2021

This report was approved by the Board of Trustees on …....................... and signed on its behalf by:

Bharvi Hadani Trustee

8

Independent auditors' report to the Trustees of the Hopscotch Women's Centre

We have audited the financial statements of Hopscotch Women's Centre for the year ended 31 March 2021 which comprise of the statement of financial activities, the balance sheets and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' (who are also the directors of the company for company law purposes) use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion

9

Independent auditors' report to the Trustees of the Hopscotch Women's Centre

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement [set out on page 7], the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases more when compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Asim Malik, FCA

(Senior Statutory Auditor) for and on behalf of Hamilton Coopers Chartered Accountants and Statutory Auditors …...................08 November 2021

66 Earl Street Maidstone Kent ME14 1PS

Hamilton Coopers is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

10

Hopscotch Women's Centre

Statement of Financial Activities (including consolidated income and expenditure account) for the year ended 31 March 2021

Notes
Incoming resources
Incoming resources from generated funds
Voluntary Income
Investment Income
Incoming resources from charitable activities
Other Incoming Resources
Total incoming resources
Costs of charitable activities
Total resources expended
Net income/expenditure/(net outgoing resources)
before transfers between funds
Gross transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total Funds carried forward		 Unrestricted
Designated
Restricted
Total
Last Year
Funds
Funds
Funds
Funds
Total Funds
2021
2021
2021
2021
2020
£
£
£
£
£
4,761
-
-
4,761
850
12
-
-
12
24
1,132,600
-
559,545
1,692,145
1,564,700
-
-
-
-
1,947
1,137,373
-
559,545
1,696,918
1,567,521
969,315
557,377
1,526,692
1,620,462
969,315
-
557,377
1,526,692
1,620,462
168,058
-
2,168
170,226
(52,941)
(172)
172
-
-
167,886
-
2,340
170,226
(52,941)
(8,455)
16,634
10,297
18,476
71,417
159,431
16,634
12,637
188,702
18,476

The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 12 as required by the said statement.

All activities derive from continuing operations

The notes on pages 14 to 20 form an integral part of these accounts.

11

Hopscotch Women's Centre Company Number 03512914 Balance Sheet as at 31 March 2021

Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
Total current assets
Creditors:-
amounts due within one year
10
Net current assets
Total assets less current liabilities
Creditors:-
amounts due after more than one year
Net assets
The funds of the charity :
12
Unrestricted funds
Designated funds
Restricted funds
Total charity funds		 £
£
11,338
148,298
236,245
384,543
(207,179)
177,364
188,702
-
188,702
159,431
16,634
12,637
188,702
2021		 £
£
-
198,140
225,308
423,448
(404,972)
18,476
18,476
-
18,476
8,455
-
16,634
10,297
18,476
2020

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no members have required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board of trustees and authorised for the issuance on ….................6th Nov 2021

Bharvi Hadani Trustee

The notes on pages 14 to 20 form an integral part of these accounts.

12

Hopscotch Women's Centre Cash Flow Statement for the year ended 31 March 2021

Cash generated from operations
Operating profit/(loss)
Reconciliation to cash generated from operations:
Depreciation
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Cash from other sources
Application of cash
Purchase of tangible fixed assets
Net increase in cash
Cash at bank and in hand less overdrafts at 1 April
Cash at bank and in hand less overdrafts at 31 March
Consisting of:
Cash at bank and in hand
Overdrafts
Major non-cash transactions
Capital value of new finance lease arrangements		 2021
£
170,226
4,419
49,842
(197,793)
26,694
-
(15,757)
(15,757)
10,937
225,308
236,245
236,245
-
236,245
-		 2020
£
(52,941)
1,157
(36,993)
151,514
62,737
-
-
62,737
162,571
225,308
225,308
-
225,308
-

13

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

1 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are setout below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

Accounting convention

a) Basis of preparation:

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Incoming Resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants

It is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income from charitable activities includes primary purpose trading

Income from charitable activities includes primary purpose trading, income earned both from the supply of goods or services under contractual arrangements or grant agreements, which have conditions that specify the provision of particular goods or services to be provided and undertaken for the charitable purposes of the charity.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the consortium's work or for specific projects being undertaken by the consortium.

14

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support C4's programmes and activities.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Debtors

Debtors are recognised at the settlement recoverable amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes is held to meet short-term cash commitments as they fall due rather than for investment purposes and may include short-term deposits.

Financial instruments

The Charity has elected to apply the provisions of Section 11 ' Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its Financial instruments. Financial instruments are recognized in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realize the asset end settle the liability simultaneously.

15

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

Creditors, deferrals and provisions

Creditors and provisions are liabilities where we have a present obligation to a third party that we shall normally pay by cash. Provisions are measured or estimated as reliably as possible.

Where performance-related conditions are specified in a grant, the income will only be recognised to the extent that the charity has provided the facility or service. Any income received in advance of the conditions being met are deferred and shown under creditors.

Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Lease

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straightline basis over the term of the relevant lease.

Critical accounting estimates and judgements

In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

16

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

2 Winding up or dissolution of the charity

The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. Names of its directors and registered office is mentioned on page 1.

3 Surplus for the financial year 2021 2020
£ £
This is stated after crediting :-
Revenue Turnover from ordinary activities 1,696,906 1,567,521

4 Trustees

None of the Trustees (or any persons connected with them) received any remuneration during the year nor were they reimbursed any expenses.

5 Detailed analysis

Unrestricted
funds
2020
£
Incoming resources
Incoming resources from generated funds
Donations
4,761
Charitable activities
1,132,600
Other income
-
Interest income
12
1,137,373
6
Analysis of charitable expenditure
Client services
Staff Cost
880,167
Premises and IT
31
Partners Cost
3,750
Legal and Professional
-
Other Cost
42,189
Support cost allocatoin
43,178
Governance cost allocation
-
Total cost
969,315
Support cost
Support
cost
Staff Cost
1,467
Supplies and Repair
6,968
Consultancy
-
Premises and IT
41,929
Other Cost
22,972
Audit fee
-
Share of Support Cost
73,336		 Restricted
funds
2020
£
559,545
-
559,545
Grants based
project
393,395
4,385
84,790
5,548
28,267
30,158
10,834
557,377
Governance
cost
-
-
6,349
-
-
4,485
10,834		 Total
funds
2020
£
4,761
1,692,145
-
12
1,696,918
2021
£

Total
1,273,562
4,416
88,540
5,548
70,456
73,336
10,834
1,526,692
2021
Total
1,467
6,968
6,349
41,929
22,972
4,485
84,170		 Total
funds
2019
£
850.00
1,564,700.00
1,947.00
24.00
1,567,521
2020
£
Total
1,314,944
8,615
62,601
543
143,303
76,264
11,829
1,618,099
2020
Total
1,245
1,157
6,969
63,298
10,564
4,860
88,093

17

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

Analysis of grant based projects

MOPAC
Children in Need
Aziz
Trust For London
Kotha Bol
BAME
Others
Total
Crises response
Home care
Children in Need
CAF Resilience fund
Trust For London
BDB Central
On Track
MOPAC
Wiser-Specialist advocacy
Lottery
BAME
Others
Total
7
Staff Costs and Emoluments
Gross Salaries
Employer's National Insurance
Pension Contributions
Redundancy
Numbers of full time employees
Client services and projects		 Opening
Movement
Funds
£
£
-
6,630
201
-
2,539
-
1,324
2,690
-
-
833
(833)
5,400
(6,319)
10,297
2,168
Incoming
resources
£
84,816
59,174
30,370
42,140
34,583
40,495
33,092
27,254
22,896
20,882
48,570
115,273
559,545
or full time equivalents		 Inter fund
transfers
£
(201)
(2,539)
(4,014)
6,926
172
Resources
Expended
£
84,816
59,174
30,370
42,140
31,893
40,495
33,092
20,624
22,896
20,882
49,403
121,592
557,377
2021
£
1,193,197
54,647
13,086
-
1,260,930
2021
64		 Closing
Funds
£
6,630
-
-
-
-
-
6,007
12,637
Movement
£
-
-
-
-
2,690
-
-
6,630
-
-
(833)
(6,319)
2,168
2020
£
1,220,774
85,083
18,742
2,363
1,326,962
2020
81

There were no fees or other remuneration paid to the trustees There were no employees with emoluments in excess of £60,000 per annum

18

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

8 Tangible functional fixed assets

Asset cost, valuation or revalued amount
At 1 April 2020
Additions
At 31 March 2021
Accumulated depreciation and impairment provisions
At 1 April 2020
Depreciation on revaluation
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
9
Debtors
Trade debtors
Other Debtors
Prepaid expenses
Accrued income
Total
10 Creditors: amounts falling due within one year
Trade creditors
Accrued expenses
Other taxes
Other creditors
Deferred income and grants in advance		 Furniture
fitting and
office
equipment
£
15,659
15,757
31,416
15,659
-
4,419
20,078
11,338
2021
£
113,783
50
17,607
16,858
148,298
2021
£
12,952
89,669
28,832
8,660
67,066
207,179		 Total
£
15,659
15,757
31,416
15,659
4,419
20,078
11,338
2020
£
129,844
467
10,700
57,129
198,140
2020
£
18,063
109,905
37,652
4,449
234,903
404,972

19

Hopscotch Women's Centre Notes to the Accounts for the year ended 31 March 2021

11 Analysis of the Net Movement in Funds
Balance as at 1st April 2020
Incoming resources
Resources expended
Net transfers between funds
Balance as at 31st March 2021
12 Financial Instruments
Carrying amount of financial assets
Debt instruments measured at amortised cost
Carrying amount of financial liabilities
Measured at amortised cost		 Unrestricted
funds
(8,455)
1,137,373
(969,315)
(172)
159,431		 Designated
funds
16,634
-
-
16,634
2021
£
113,783
12,952		 Restricted
funds
10,297
559,545
(557,377)
172
12,637
2020
£
129,844
18,063

13 Other information

Hopscotch Women's Centre is a registered charity and incorporated in England. Its registered office is:

50-52 Hampstead Road, London, NW1 2PY

14 Share Capital

The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter

20