2023-03-31-accounts

Contents	Page
Company information	3
Report of the trustees	4
Responsibilities of the Trustee Board	12
Auditor's report	13
Statement of financial activities	16
Balance sheet	17
Statement of cash flows	18
Notes to the financial statements	19

Report for the year to 31	March	2023
		Restricted	Unrestricted	2023	2022
	Note	Funds	Funds	Total	Total
Income and endowments
Donations and legacies	3	3,003	540,805	543,808	10,253
Other trading activities	4		6,584	6,584	5,158
Investment income	5		3,336	3,336	95
Income from charitable activities
Grants	6	81 ,200		81,200	107,856
Fees from services for children and young people			270,422	270,422	215,054
Fees from services for adults			402,888	402,888	253,255
Totalincome and endowments		84,203		1,308,238	591,671
Expenditure
Expenditure on raising funds			6,642	6,642	12,045
Expenditure on charitable activities	7	81,113	713,524	794,637	635,755
Total expenditure		81,113	720,166	801 ,279	647,800
Net income/ (expenditure)	9	3,090	503,869	506,959	(56,129)
Transfers between funds
Net movement in funds	17	3,090	503,869	506,959	(56,129)
Reconciliation of funds
Totalfunds brought forward		15,134	103,284	118,418	174,547
Totalfunds carried forward		18,224	607,153	625,377	118,418

Company Registration Nu	mber 03915936
		2023	2022
	Note
Fixed Assets
Tangible Fixed Assets	12	8,502	8,582
Current Assets
Debtors	13	72,781	89,965
Investments	14	170,000
Cash at Bank and in hand		483,868	127,253
		726,649	217,218
Liabilities:
Creditors	15	109,774	107,382
Net Current Assets		616,875	109,836
Total Assets less Current	Liabilities	625,377	118,418
Funds
Unrestricted Fund	17	367,153	90,284
Designated Funds	17	240,000	13,000
Restricted Funds	17	18,224	15,134
		625,377	118,418

Statement of cash flows for the year t	o 31 M	arch 2023
		Total funds	Totalfunds
	Note	March 2023	March 2022
Net Cash provided by operating activities	20	531 ,233	53,120
Cash flows from investing activities
Interest income		3,336	95
Purchase of tangible fixed assets		(7 ,954)
Purchase of investments		(170,000)
Net cash (used in)/ provided by investing activities		(174,618)	95
Change in cash and cash equivalents		356,615	(53,025)
Cash and cash equivalents brought forward		127,253	180,278
Cash and cash equivalents carried forward		483,868	127,253
Analysis of cash and cash equivalents
Cash at bank and in hand		483,868	127,253

) Donations and Legacie	s
			2023	2022
	Restricted	Unrestricted	Total	Total
Donations	3,003	9,113	12,116	10,253
Legacies		531 ,692	531 ,692
	3,003	540,805	543,808	10,253

) Other trading activities
			2023	2022
	Restricted	Unrestricted	Total	Total
Rent received		3,900	3,900	3,900
Fundraising activities		1 ,284	1 ,284	1 ,248
Fees and earned income		1 ,400	1 ,400	10
		6,584	6,584	5,158

				2023	2022
		Restricted	Unrestricted	Total	Total
Interest	received		3,336	3,336	95
			3,336	3,336	95

) Grants received
			2023	2022
	Restricted	Unrestricted	Total	Total
City Bridge Trust - DPI	54,200		54,200	50,100
NHS SWL- Film club	25,000		25,000
Gary Kesner Trust	2,000		2,000	3,000
HMRCCoronavirus job retention scheme				24,709
London Borough of Sutton Covid Recovery Fund				21,196
Covid Infection Control Fund				5,000
Royal Mencap Society Let's Get Digital				3,851
	81,200		81 ,200	107,856

) Charitable activities
			2023	2022
	Restricted	Unrestricted	Total	Total
Staffcosts (excluding fundraising and governance)	43,284	539,141	582,425	472,909
HR and training costs		16,208	16,208	11,439
Minibus costs		10,434	10,434	5,359
Accommodation costs	1 ,808	56,439	58,247	54,318
Direct project costs (excluding staff costs)	19,167	64,702	83,869	49,159
Depreciation	2,522	5,512	8,034	12,633
Governance costs		8,786	8,786	9,510
Administration and office costs	14,332	12,302	26,634	20,428
	81,113	713,524	794,637	635,755

) Staff costs
	2023	2022
Wages and salaries (including redundancycosts)	555,765	454,568
Employer's National Insurance	40,603	30,553
Staff Pensions	17,280	14,186
Holiday pay accrual	(17,014)	(5,653)
Employment allowance	(5,000)	(4,000)
	591,634	489,654

The average number of full-time equivalent employees were:	2023	2022
Chief Executive Officer	1	1
Administration and finance	1.7	1
Children and young people's services	7.5	6.8
Adult services	11.5	9
Digital Paths to Inclusion	1	1

9) Net income/ expenditure for the year
This is stated after charging
	2023	2022
Depreciation	8,034	12,633
Independent examination fee		2,936
Audit fee	4,432
	12,466	15,569

	Leasehold	Furniture	Office	Motor	Garden	Total	Total
	Property	Fittings	Equipment	Vehicle
		Fixtures
Cost
As at 1 April 2022	469,699	,543	15,228	22,500	14,484	570,453
Additions	6,869	1 ,085				7	,954
Disposals
As at 31 March 2023	476,568	49,628	15,228	22,500	14,484	578,407
Depreciation
At 1 April 2022	468,102	45,089	12,628	21 ,570	14,481	561	,870
Charge for the year	1,736	3,465	2,600	233	o	8,034
At 31 March 2023	469,838	48,554	15,228	21,803	14,481	569,904
Net BookValue
At 31 March2023	6,730	1,074		697	o	8,502
At 31 March 2022	1,597	3,455	2,600	930	o	8,582
Depreciation rates	25 years	25 years	25%	25%	10 years
	straight line	straight line	reducing	reducing	straight line
	Lease period	Lease period	balance	balance
1 3)Debtors
			2023	2022
Prepayments			12,489	23,170
Debtors			63,292	69,795
Less: provision for bad debts			(3,000)	(3,000)
			72,781	89,965

			2023	2022
Cash	on	deposit	170,000
			170,000

	2023	2022
Accruals	9,559	5,840
Holiday pay accrual	9,911	26,925
Deferred income	12,524	37,000
Creditors	26,582	1,198
Payroll creditors	51,198	36,419
	109,774	107,382

Photocopier	Photocopier	Franking	Land and	Photocopier	Franking	Land and
		Machine	Buildings		Machine	Buildings
	2023	2023	2023	2022	2022	2022
Within one year	1 ,629	399		1 ,629	683	15,000
Between one and five years	3,395			5,024	399
Total	5,024	399		6,653	1,082	15,000

	Balance	Income	Expenditure	Transfers	Balance
	1.4.22				31.3.23
Unrestricted funds
General fund	90,284	984,035	(720,166)	13,000	367,153
Redundancy fund	13,000			(13,000)
Building designated fund		225,000			225,000
Minibus designated fund		15,000			15,000
Totalunrestricted funds	103,284		(720,166)		607,153
	Balance	Income	Expenditure	Transfers	Balance
	1.4.22				31.3.23
Restricted funds
City Bridge Trust	2,251	54,200	(48,488)		7,963
SWL NHS -film club		25,000	(25,000)
Children's play equipment		3,003			3,003
Gary Kesner Trust		2,000	(2,000)
Royal Mencap let's get digital	1,157		(1,157)
Minibus Fund	7,258				7,258
Wakelen ConservatoryFund	3,839		(3,839)
DM Thomas Foundation	629		(629)
Total restricted funds	15,134	84.203	(81,113)		18,224
Totalfunds	118,418		(801 ,279)		625,377

	Balance	Income	Expenditure	Transfers	Balance
	1.4.21				31.3.22
Unrestricted funds
General fund	148,738	485,986	(544,440)		90,284
Redundancy fund	13,000				13,000
Total unrestricted funds	161,738	485,986	(544,440)		103,284

	Balance	Income	Expenditure	Transfers	Balance
	1.4.21				31.3.22
Restricted funds
City Bridge Trust		50,100	(47,849)		2,251
HMRC JRS grant		24,709	(24,709)
LBS Covid Recovery Fund		21,196	(21 ,196)
Royal Mencap Lets Get Digital		3,851	(2,694)		1,157
Gary Kesner Trust		3,000	(3,000)
Minibus Fund	4,429	2,829			7,258
Wakelen Conservatory Fund	5,065		(1 ,226)		3,839
DM Thomas Foundation	1 ,887		(1 ,258)		629
London Community Response Fund	1 ,428		(1 ,428)
Total restricted funds	12,809	105,685	(103,360)		15,134
Totalfunds	174,547	591,671	647,800		118,418

	Restricted funds	Unrestricted funds	Totalfunds
Tangible fixed assets		8,502	8,502
Net current assets	18,224	598,651	616,875
	18,224	607,153	625,377

	Restricted funds	Unrestricted funds	Totalfunds
Tangible fixed assets	629	7,953	8,582
Net current assets	14,505	95,331	109,836
	15,134	103,284	118,418

0)ReconciIiation of net movement in funds to ne activities	t cash flow from o	perating
	2023	2022
Net movement in funds	506,959	(56,129)
Add back depreciation charge	8,034	12,633
Deduct interest income shown in investing activities	(3,336)	(95)
Decrease/ (increase) in debtors	17,184	(24,612)
(Decrease)/ increase in creditors	2,392	15,083
	531 ,233	(53,120)