|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|
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|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|
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|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|
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|)
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|
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|)
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|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Total|Total|
|Interest|received||3,336|3,336|95|
||||3,336|3,336|95|
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|) 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|
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|) 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|
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|) 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|
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|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|
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||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||||
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||||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|
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|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|
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||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|
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|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)|