| Page | |||
|---|---|---|---|
| Reference and administrative details |
|||
| Report ofthe trustees | 2 | to | 5 |
| Independent examiner's report |
|||
| Statement offinancial activities | |||
| Statement offinancial position | 8 | to | 9 |
| Notes to the financial statements | 10 | to | 16 |
| Detailed statement offinancial activities | 17 | to | 18 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | g | 8 | 8 | 8 | |||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 1,082 | 1,082 | 12,848 | ||
| Charitable | activities | ||||||
| Charitable | activities | 6,415 | 187,176 | 193,591 | 105,845 | ||
| Investment | income | 52 | 52 | 233 | |||
| Total | 7,549 | 187,176 | 194,725 | 118,926 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 6,822 | 6,822 | 5,972 | ||||
| Charitable | activities | ||||||
| Charitable | activities | 15,787 | 85,013 | 100,800 | 121,299 | ||
| Total | 15,787 | 91,835 | 107,622 | 127,271 | |||
| NET INCOME/(EXPENDITURE) | (8,238) | 95,341 | 87,103 | (8,345) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 102,790 | 5,718 | 108,508 | 116,853 | ||
| TOTAL FUNDS CARRIED FORWARD | 94,552 | 101,059 | 195,611 | 108,508 |
| TATEMENT | OF FINAN | I | P | T | N | |||
|---|---|---|---|---|---|---|---|---|
| T MARCH | 2021 | |||||||
| 2021 | 2020 | |||||||
| Notes | 8 | |||||||
| FIXEDASSETS | ||||||||
| Tangible assets | ||||||||
| CURRENT ASSETS | ||||||||
| Debtors | 12 | 12,033 | ||||||
| Cash at bank and in hand | 199,435 | 104,237 | ||||||
| 199,435 | 116,270 | |||||||
| CREDITORS | ||||||||
| Amounts falling due within one |
year | 13 | (3,827) | (7,765) | ||||
| NET CURRENT ASSETS | 195,608 | 108,505 | ||||||
| TOTAL ASSETSLESSCURRENT | ||||||||
| LIABILITIES | 195,611 | 108,508 | ||||||
| NET ASSETS | 195,611 | 108,508 | ||||||
| FUNDS | 15 | |||||||
| Unrestricted funds |
94,552 | 102,790 | ||||||
| Restricted funds |
101,059 | 5,718 | ||||||
| TOTAL FUNDS | 195,611 | 108,508 |
| 2021 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations | 1,082 | 857 | |||||||||
| Income from | Meals | 11,991 | |||||||||
| 1,082 | 12,848 | ||||||||||
| 3. | INVESTMENT INCOME | ||||||||||
| 2021 | 2020 | ||||||||||
| g | |||||||||||
| Deposit account interest | 52 | 233 | |||||||||
| 4. | INCOME FROM | CHARITABLE ACTIVITIES | |||||||||
| 2021 | 2020 | ||||||||||
| Charitable | Total | ||||||||||
| activities | activities | ||||||||||
| g | |||||||||||
| LBTower Hamlet | Contracts - Local | ||||||||||
| Community | Fund | 33,493 | 20,080 | ||||||||
| LBofTower | Hamlets | - | Older | People | |||||||
| Project contract | 32,000 | 32,000 | |||||||||
| LBofTower | Hamlets | - | Covid | grant | 5,000 | ||||||
| The National | Lottery | Community | Fund | ||||||||
| grant | 9,927 | ||||||||||
| LBTower Hamlets- | Vietnamese | New | |||||||||
| Year | 1,065 | 1,000 | |||||||||
| East End Community | Foundation | grant | 10,000 | ||||||||
| The London | Community | Foundation | grant | 9,828 | |||||||
| Groundwork | UK grant | 500 | |||||||||
| Government | Furlough | grant | 17,999 | ||||||||
| GLA grant | 350 | ||||||||||
| LBTower Hamlet - | Luncheon | club grant | 8,580 | ||||||||
| The Clothworkers' | Foundation | grant | 3,600 | ||||||||
| LBTower Hamlets | Contract - Homecare | ||||||||||
| services | 69,829 | 44,185 | |||||||||
| 193,591 | 105,845 |
| 5. | RAISING | FUNDS | ||||
|---|---|---|---|---|---|---|
| RAISING | DONATIONS | AND LEGACIES | ||||
| 2021 | 2020 | |||||
| Food and | supplies | 6,822 | 5,972 | |||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | ||||||
| Costs (see | ||||||
| note 7) | ||||||
| g | ||||||
| Charitable | activities | 100,800 | ||||
| 7. | DIRECT | COSTS OF CHARITABLE ACTIVITIES | ||||
| 2021 | 2020 | |||||
| g | ||||||
| Staff costs | 68,743 | 72,329 | ||||
| Insurance | 2,076 | 1,878 | ||||
| Travel | 2,635 | 3,482 | ||||
| Telephone, | postage, printing | and stationery | 3,264 | 1,131 | ||
| Volunteers | 9,105 | 11,037 | ||||
| Premises cost | 6,164 | 20,608 | ||||
| Xmas,new | year and moon | festival | 1,100 | 2,336 | ||
| Examiner's | fee | 1,638 | 1,638 | |||
| Legal and | professional | 4,662 | 5,365 | |||
| Bank charges | 186 | 62 | ||||
| Management committee |
1,227 | 1,246 | ||||
| Depreciation | 187 | |||||
| 100,800 | 121,299 | |||||
| 8. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is | stated after charging/(crediting): | ||||
| 2021 | 2020 | |||||
| Depreciation - owned assets | 187 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 8 | 8 | |||||
| Wages and salaries | 63,279 | 7],234 | ||||
| Social security | costs | 4,464 | 1,095 | |||
| Other pension costs | 1,000 | |||||
| 68,743 | 72,329 | |||||
| The average monthly | number ofemployees | during | the year was as follows: | |||
| 2021 | 2020 | |||||
| Direct charitable | work | part time | 2 | 6 | ||
| Direct charitable | work | full time | 7 | 2 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Fixtures | ||||
| Plant and | arid | Computer | ||
| machinery | fittings | equipment | Totals | |
| 8 | ||||
| COST | ||||
| At 1stApril 2020 and 31stMarch 2021 | 10,119 | 5,769 | 9,708 | 25,596 |
| DEPRECIATION | ||||
| At 1stApril 2020 and 31stMarch 2021 | 10,118 | 5,768 | 9,707 | 25,593 |
| NET BOOKVALUE | ||||
| At 31stMarch 2021 | ||||
| At 31stMarch 2020 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Other debtors | 12,033 | |||||||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE | YEAR | |||||
| 2021 | 2020 | |||||||
| f | ||||||||
| Social security | and other taxes | 2,190 | 6,127 | |||||
| Accrued expenses | 1,637 | 1,638 | ||||||
| 3,827 | 7,765 | |||||||
| 14. | ANALYSIS OFNET ASSETS | BETWEEN FUNDS | ||||||
| 2021 | 2020 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| 8 | ||||||||
| Fixed assets | 3 | 3 | 3 | |||||
| Current assets | 92,250 | 107,185 | 199,435 | 116,270 | ||||
| Current liabilities |
2,299 | (6,126) | (3,827) | (7,765) | ||||
| 94,552 | 101,059 | 195,611 | 108,508 | |||||
| 15. | MOVEMENT | IN FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.4.20 | in funds | 31.3.21 | ||||||
| Unrestricted | funds | |||||||
| General fund | 102,790 | (8,238) | 94,552 | |||||
| Restricted funds | ||||||||
| Restricted fund | 5,718 | 95,341 | 101,059 | |||||
| TOTAL FUNDS | 108,508 | 87,103 | 195,611 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 7,549 | (15,787) | (8,238) | |||||
| Restricted funds | ||||||||
| Restricted fund | 187,176 | (91,835) | 95,341 | |||||
| TOTAL FUNDS | 194,725 | (107,622) | 87,103 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.4.19 | in funds | funds | 31.3.20 | |
| Unrestricted funds |
||||
| General fund | 105,008 | (39,925) | 37,707 | 102,790 |
| Restricted funds | ||||
| Restricted fund |
11,845 | 31,580 | (37,707) | 5,718 |
| TOTAL FUNDS | 116,853 | (8,345) | 108,508 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 57,266 | (97,191) | (39,925) |
| Restricted funds | |||
| Restricted fund | 61,660 | (30,080) | 31,580 |
| TOTAL FUNDS | 118,926 | (127,271) | (8,345) |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.19 | in funds | funds | 31.3.21 | |||
| f. | ||||||
| Unrestricted | funds | |||||
| General | fund | 105,008 | (48,163) | 37,707 | 94,552 | |
| Restricted funds | ||||||
| Restricted fund | 11,845 | 126,921 | (37,707) | 101,059 | ||
| TOTAL | FUNDS | 116,853 | 78,758 | 195,611 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| g | |||
| Unrestricted funds |
|||
| General fund |
64,815 | (112,978) | (48,163) |
| Restricted funds | |||
| Restricted fund | 248,836 | (121,915) | 126,921 |
| TOTAL FUNDS | 313,651 | (234,893) | 78,758 |
| F | T EY |
REN ED31STMA |
R H2021 |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||
| funds | funds | funds | funds | |||||||
| 8 | g | |||||||||
| INCOME AND ENDOWMENTS | ||||||||||
| Donations and legacies |
||||||||||
| Donations | 1,082 | 1,082 | 857 | |||||||
| Income from Meals | 11,991 | |||||||||
| 1,082 | 1,082 | 12,848 | ||||||||
| Investment income |
||||||||||
| Deposit account interest | 52 | 52 | 233 | |||||||
| Charitable activities |
||||||||||
| LBTower Hamlet Contracts | - | Local | ||||||||
| Community Fund |
33,493 | 33,493 | 20,080 | |||||||
| LBofTower Hamlets | - | Older | People | Project | ||||||
| contract | 32,000 | 32,000 | 32,000 | |||||||
| LBofTower Hamlets | - | Covid | grant | 5,000 | 5,000 | |||||
| The National Lottery Community | Fund grant | 9,927 | 9,927 | |||||||
| LBTower Hamlets- Vietnamese | New | Year | 1,065 | 1,065 | 1,000 | |||||
| East End Community | Foundation | grant | 10,000 | 10,000 | ||||||
| The London Community | Foundation | grant | 9,828 | 9,828 | ||||||
| Groundwork UK grant |
500 | 500 | ||||||||
| Government Furlough |
grant | 17,999 | 17,999 | |||||||
| GLA grant | 350 | 350 | ||||||||
| LBTower Hamlet - Luncheon | club grant | 8,580 | ||||||||
| The Clothworkers' Foundation |
grant | 3,600 | 3,600 | |||||||
| LBTower Hamlets Contract | - | Homecare | ||||||||
| services | 69,829 | 69,829 | 44,185 | |||||||
| 6,415 | 187,176 | 193,591 | 105,845 | |||||||
| Total incoming resources | 7,549 | 187,176 | 194,725 | 118,926 | ||||||
| EXPENDITURE | ||||||||||
| Raising donations and |
legacies | |||||||||
| Food and supplies | 6,822 | 6,822 | 5,972 | |||||||
| Charitable activities |
||||||||||
| Wages | 63,279 | 63,279 | 71,234 | |||||||
| Social security | 4,464 | 4,464 | 1,095 | |||||||
| Pensions | 1,000 | 1,000 | ||||||||
| Insurance | 2,076 | 2,076 | 1,878 | |||||||
| Travel | 2,635 | 2,635 | 3,482 | |||||||
| Telephone, postage, printing |
and | stationery | 3,264 | 3,264 | 1,131 | |||||
| Carried forward | 5,340 | 71,378 | 76,718 | 78,820 |
| RTHE | YEAR ENDED31 TM | H2021 | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| Charitable activities |
||||
| Brought forward | 5,340 | 71,378 | 76,718 | 78,820 |
| Volunteers | 9,105 | 9,105 | 11,037 | |
| Premises cost | 6,164 | 6,164 | 20,608 | |
| Xmas,new year and moon festival | 1,100 | 1,100 | 2,336 | |
| Examiner's fee |
1,638 | 1,638 | 1,638 | |
| Legal and professional | 132 | 4,530 | 4,662 | 5,365 |
| Bank charges | 186 | 186 | 62 | |
| Management committee |
1,227 | 1,227 | 1,246 | |
| Computer equipment |
187 | |||
| 15,787 | 85,013 | 100,800 | 121,299 | |
| Total resources expended | 15,787 | 91,835 | 107,622 | 127,271 |
| Net (expenditure)/income | (8,238) | 95,341 | 87,103 | (8,345) |