##
##
##
|Reference and Administrative
Details||
|---|---|
|Trustees'
Report|2to 20|
|Independent
Examiner's
Report|21to 22|
|Statement of Financial Activities|23to 24|
|Balance Sheet|25to 26|
|Statement
of Cash Flows|27|
|Notes to the Financial Statements|28to 45|
##
##
##
|Chair|||||Lucila Granada|||
|---|---|---|---|---|---|---|---|
|Chief Executive Officer|||||Bruna Boscaini|||
|Secretary|||||Bruna Boscaini|||
|Treasurer|||||Dr Danielle
Guizzo|||
|Charity Registration|||Number||1080813|||
|Company|Registration|||Number|03931483|||
||||||The charity
is|incorporated|in England 5Wales.|
|Registered||Office|||Unit 8 Warwick House|||
||||||Overton
Road|||
||||||London|||
||||||SW9 7JP|||
|Independent||Examiner|||Field Sullivan|Limited||
||||||9 Hare 5 Billet Road|||
||||||Blackheath|||
||||||SE3ORB|||
|Bankers|||||Unity Trust Bank PLC|||
||||||Nine Brindley|Place||
||||||Birmingham|||
||||||B12HB|||
##
##
##
##
|The trustees|and officers serving|during the year and since the year end were as follows;|
|---|---|---|
|Trustees:||Noella Bello Castro|
|||Lucia Cirimello
(Resigned 1July 2023)|
|||Gabriel Gonzalez|
|||Malika Shah|
|||Olivia Stewart (Resigned 1July 2023)|
|||Frances Trevena
(Resigned 11June 2022)|
|||Lucila Granada
(appointed
11June 2022)|
|||Martin Tiedemann
(appointed
11June 2022)|
|||Carolina
Cal Angrisani
(appointed
1July 2023)|
|||Dr Danielle
Guizzo (appointed
1July 2023)|
|||Celia Gardiner
(appointed
1July 2023)|
|Chair:||Cecilia Lanata Briones (Resigned 1July 2023)|
|||Lucila Granada
(appointed 11June 2022)|
|Chief Executive Officer:||Lucia Vinzon (Resigned 31July 2022)|
|||Bruna Boscaini (appointed
1August 2022)|
|Secretary:||Lucia Vinzon (Resigned 29 July 2022)|
|||Bruna Boscaini (appointed
29 July 2022)|
|Treasurer;||Dr Danielle
Guizzo (appointed
1July 2023)|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Note|F.|f|
|Fixed assets||||||
|Tangible assets|||12|155,947|129,709|
|Current assets||||||
|Debtors|||13|19,733|47,673|
|Cash at bank|and in hand||14|517,974|408,598|
|||||537,707|456,271|
|Creditors: Amounts||falling due within one year|15|(124,574)|(7,652)|
|Net current|assets|||413,133|448,619|
|Net assets||||569,080|578,328|
|Funds of the|charity:|||||
|Restricted income funds||||||
|Restricted
funds||||105,313|229,781|
|Unrestricted|income|funds||||
|Unrestricted|funds|||463,767|348,547|
|Total funds|||17|569,080|578,328|
##
##
##
##
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##
##
|Statement|of Cash Flows for the|Year Ended 31|March 2023||
|---|---|---|---|---|
||||2023|2022|
|||Note|f|f|
|Cash flows from operating
activities|||||
|Net cash (expenditure)/income|||(9,248)|235,712|
|Adjustments
to cash flows from non-cash items|||||
|Depreciation|||21,664|16,782|
|Investment
income|||(1,598)|(70)|
||||10,818|252,424|
|Working capital adjustments|||||
|Decrease/(increase)
in debtors||13|27,940|(43,133)|
|Increase/(decrease)
in creditors||15|49,898|(1,854)|
|Increase
in deferred
income|||67,024||
|Net cash flows from operating|activities||155,680|207,437|
|Cash flows from investing
activities|||||
|Interest receivable
and similar|income||1,597|70|
|Purchase oftangible
fixed assets||12|(48,513)|(120,921)|
|Sale oftangible
fixed assets|||612||
|Net cash flows from investing|activities||(46,304)|(120,851)|
|Net increase
in cash and cash|equivalents||109,376|86,586|
|Cash and cash equivalents
at|1April||408,598|322,012|
|Cash and cash equivalents
at|31March||517,974|408,598|
##
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|3
Income from donat|ions|and legac|ies||||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||funds|Restricted|Total|Total|
||||General|funds|2023|2022|
||||f|f|f|f|
|Donations
and legacies;|||||||
|Donations
from individuals|||4,249||4,249|7,874|
|Gift aid reclaimed||||||549|
|Grants,
including
capital grants;|||||||
|Government
grants||||||449|
|The City Bridge Trust|||3,260|33,420|36,680|29,430|
|BBCChildren
in Need|||500|57,273|57,773|45,594|
|Trust For London||||||4,081|
|The National
Lottery|Community||||||
|Fund|||926|86,706|87,632|107,907|
|Garfield Weston
Foundation|||15,000||15,000||
|Peter Minet Trust|||30,000||30,000|30,000|
|London Community|Response|||||5,112|
|People's Postcode Trust|||20,000||20,000||
|Lambeth
Council||||17,000|17,000||
|DWP||||||24,802|
|B5Q Foundation||||||6,500|
|AB Charitable
Trust||||||15,000|
|Greater London Authority||||26,633|26,633||
|Cornerstone
Fund|||4,500||4,500|1,250|
|Veolia Environmental|Trust|||7,375|7,375|7,375|
|The Clothworkers
Foundation||||||10,000|
|London Catalyst||||||1,000|
|Thames
Reach||||||2,245|
|Power To Change|||4,000||4,000||
|Nuestros
Pequenos|Hermanos||||||
|UK|||3,000||3,000||
|United St Saviour's|Charity|||39,588|39,588||
|The Neighbourly
Foundation|||1,000||1,000||
|Lloyds Bank Foundation||for|||||
|England
g.Wales|||27,250||27,250||
|Lambeth
Council||||45,235|45,235|123,574|
|Burberry
Foundation||||||30,000|
|Walcot Foundation||||29,193|29,193|72,400|
||||Page|34|||
##
##
||||||||Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|Restricted|Total|Total||
||||||||General|funds|2023|2022||
||||||||f|f|f|f||
||Southwark
Council|||||||36,791|36,791|17,225||
||Guy's &StThomas||||Foundation|||138,251|138,251|99,500||
||Greater London Authority|||||||94,619|94,619|116,639||
||Youth Endowment||||Fund|||10,197|10,197|4,798||
||||||||113,685|622,281|735,966|763,304||
|4|Income|from|charitable|||activities||||||
|||||||||Unrestricted||||
|||||||||funds|Total|Total||
|||||||||General|2023|2022||
|||||||||f|f|f||
||Services|||||||11,238|11,238|14,175||
|5|Investment||income|||||||||
|||||||||Unrestricted||||
|||||||||funds|Total|Total||
|||||||||General|2023|2022||
|||||||||f|f|f||
|Interest receivable||||and similar income;||||||||
||Interest receivable||||on bank deposits|||1,598|1,598||70|
##
##
##
##
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f|E|
|Fundraising||||16,746|12,005|
|Activities
and project cost||||112,602|23,795|
|Volunteer|expenses|||4,582|1,395|
|Bad debts|written|off|||1,430|
|Staff costs|||10|539,074|442,442|
|Support costs|||7|85,046|60,770|
|||||758,050|541,837|
##
|Support costs|||||
|---|---|---|---|---|
||||Total|Total|
||||2023|2022|
||||E|f|
|Staff training||||975|
|Staff welfare|||3,562|104|
|Rent and rates|||460|12,472|
|Insurance|||1,703|1,119|
|General maintenance|||1,180|1,176|
|Utilities|||5,694|2,464|
|Computer
software||and maintenance|8,592|12,228|
|Printing,
postage and stationery|||2,153|1,382|
|Membership|||852|1,572|
|Sundries|||4,516||
|Independent|examination||2,688|2,508|
|Bookkeeping|and payroll||640|2,744|
|Legal and professional|||31,152|5,017|
|Bank charges|||191|227|
|Depreciation|||21,663|16,782|
||||85,046|60,770|
##
##
##
##
##
|Net (outgoing|)/incoming
resources for the year include|:||
|---|---|---|---|
|||2023|2022|
|||f|f|
|Depreciation|of fixed assets|21,663|16,782|
|Independent|examination|2,608|2,588|
##
##
|10 Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
||f|f|
|Staff costs during the year were:|||
|Wages and salaries|489,405|405,497|
|Social security costs|39,355|28,535|
|Pension costs|10,314|8,410|
||539,074|442,442|
|||2023||2022||
|---|---|---|---|---|---|
|||No||No||
|Charitable|activities||21||20|
##
##
##
##
|12 Tangible fixed assets||||||
|---|---|---|---|---|---|
||Furniture|and|Other|tangible||
||equipment||fixed asset||Total|
||f|||f|f|
|Cost||||||
|At 1April 2022|17,411|||133,001|150,412|
|Additions||980||47,533|48,513|
|Disposals||||(680)|(680)|
|At 31March 2023|18,391|||179,854|198,245|
|Depreciation||||||
|At 1April 2022||7,402||13,300|20,702|
|Charge for the year||3,678||17,986|21,664|
|Eliminated
on disposals||||(68)|(68)|
|At 31March 2023|11,080|||31,218|42,298|
|Net book value||||||
|At 31March 2023||7,311||148,636|155,947|
|At 31March 2022|10,009|||119,701|129,710|
|13 Debtors||||||
||||2023||2022|
||||f||f|
|Trade debtors||||923|46,846|
|Prepayments||||1,959|827|
|Accrued income||||16,851||
|||||19,733|47,673|
##
##
##
##
|14 Cash a|nd cash e|qui|valents|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||f|f|
|Cash at bank||||517,974|408,598|
|15 Creditors: amounts|||falling due within one year|||
|||||2023|2022|
|||||f|f|
|Trade creditors||||47,956||
|Other creditors||||2,245|1,843|
|Accruals||||7,349|5,809|
|Deferred|income|||67,024||
|||||124,574|7,652|
||||||2023|
||||||f|
|Resources|deferred|in|the period||(67,024)|
##
##
##
##
##
|17 Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|Incoming|Resources||31March|
||||April 2022
f|resources
f|expended
f|Transfers|2023
f|
|Unrestricted
funds||||||||
|General||||||||
|General
Funds|||348,547|126,521|(13,546)|(243,702)|217,820|
|Designated||||||||
|Capacity
Fund||||||60,000|60,000|
|Development|Fund|||||30,000|30,000|
|Capital Reserve||||||155,947|155,947|
|||||||245,947|245,947|
|Total unrestricted||funds|348,547|126,521|(13,546)|2,245|463,767|
|Restricted funds||||||||
|English for All||||33,420|(31,639)||1,781|
|EU Settlement||Scheme|(3,750)|3,750||||
|COVID 19Support|||23,137||(23,137)|||
|Latin American||Youth Forum||||||
|(LAYF)|||12,668|43,633|(53,363)||2,938|
|Family Project|||(572)|57,273|(44,315)||12,386|
|Step Up Plus|||3,431||(1,186)|(2,245)||
|Refurbishment|||67,625|11,125|(78,750)|||
|Parents Association|||2,856||(231)||2,625|
|THRIVE 2020-2022|||4,200|12,000|(16,200)|||
|Samaritan
Grant|||461||(461)|||
|A Place For All|||11,001|46,845|(57,846)|||
|Building Young||Brixton (BYB)|10,635|39,861|(38,534)||11,962|
|Advice Services|||25,000||(25,000)|||
|Awards for All|||6,223||(6,223)|||
|BounceBack|||26,323|29,193|(51,927)||3,589|
|CLAUK||||72,521|(48,144)||24,377|
|Health
and wellbeing|||(6,531)|134,285|(111,042)||16,712|
|Lambeth
Peer|Action|||||||
|Collective|||343|10,197|(8,639)||1,901|
|Advice
in Community||||||||
|Settings|||46,731|68,000|(93,538)||21,193|
|||||Page 40||||
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1|Incoming|Resources||31March|
|||April 2022
f|resources
f|expended
f|Transfers
f|2023
f|
|Common|Purpose||||||
|Programme|||5,971|(5,971)|||
|Voter ID Campaign|||14,619|(14,619)|||
|Supporting|Latin Americans||||||
|in Southwark|||39,588|(33,739)||5,849|
|||229,781|622,281|(744,504)|(2,245)|105,313|
|Total funds||578,328|748,802|(758,050)||569,080|
##
##
##
|||||Balance at 1|Incoming|Resources|Balance|at31|
|---|---|---|---|---|---|---|---|---|
|||||April 2021|resources|expended|March|2022|
|||||f|f|f|f||
|Unrestricted
funds|||||||||
|General|||||||||
|General
Funds||||243,067|168,867|(63,387)|348,547||
|Restricted funds|||||||||
|English for All|||||29,430|(29,430)|||
|EU Settlement|Scheme|||(6,720)|36,253|(33,283)||(3,750)|
|COVID 19Support||||41,303|6,496|(24,662)||23,137|
|Latin American|Youth||Forum||||||
|(LAYF)||||250|77,069|(64,651)||12,668|
|Family Project||||(1,168)|45,594|(44,998)||(572)|
|Step Up Plus||||2,535|31,288|(30,392)||3,431|
|Refurbishment||||20,000|47,625|||67,625|
|Parents Association||||3,750||(894)||2,856|
|THRIVE 2020-2022||||4,400|19,200|(19,400)||4,200|
|Digitallnclusion|Fund||||5,061|(5,061)|||
|Samaritan
Grant|||||1,000|(539)||461|
|A Place For All||||37,679|76,860|(103,538)||11,001|
|Building Young|Brixton (BYB)|||277|19,685|(9,327)||10,635|
|Employment
Support||||(2,757)|24,802|(22,045)|||
|Advice Services|||||25,000|||25,000|
|Awards for All|||||9,978|(3,755)||6,223|
|BounceBack|||||47,438|(21,115)||26,323|
|Health
and wellbeing|||||27,763|(34,294)||(6,531)|
|Lambeth
Peer Action Collective|||||4,798|(4,455)||343|
|Advice
in Community|||Settings||67,370|(20,639)||46,731|
|Common
Purpose||Programme|||5,972|(5,972)|||
|||||99,549|608,682|(478,450)|229,781||
|Total funds||||342,616|777,549|(541,837)|578,328||
##
##
##
##
##
##
##
##
##
##
||||||Total funds at|
|---|---|---|---|---|---|
|||Unrestricted|funds|Restricted|31March|
|||General|Designated|funds|2023|
|||f|E|f|f|
|Tangible|fixed assets|155,947|||155,947|
|Current|assets|186,447|245,947|105,313|537,707|
|Current|liabilities|(124,574)|||(124,574)|
|Total net assets||217,820|245,947|105,313|569,080|
##
##
##
|||Unrestricted||Total funds at|
|---|---|---|---|---|
|||funds|Restricted|31March|
|||General|funds|2022|
|||f|f|f|
|Tangible|fixed assets|1,206|128,503|129,709|
|Current|assets|354,993|.101,278|456,271|
|Current|liabilities|(7,652)||(7,652)|
|Totalnet|assets|348,547|229,781|578,328|
##