## ## |Reference|and Administrative
Details|and Administrative
Details|| |---|---|---|---| |Trustees'|Report||2to16| |Independent
Examiner's||Report|17to 18| |Statement|of Financial|Activities|19| |Balance Sheet|||20to 21| |Notes to|the Financial Statements||22 to 36| ## ||||||Reference and|Administrative|Administrative|Details| |---|---|---|---|---|---|---|---|---| |Trustees|||||Anthony
Gibson|||| ||||||Amaya
Lopez-Jauregui|||| ||||||Mohsin
Qadir|||| ||||||Jack Rowan|||| ||||||Sabrina Vashisht|||| ||||||Monica Wailer|||| ||||||Matthew
Wright|||| ||||||Grace Xia|||| ||||||Nicolas Yassukovich|||| |Secretary|||||Catherine
Mahony|||| |Charity Registration|||Number||1082452|||| |Company|Registration|||Number|04002287|||| |Registered||Office|||Fivefields|||| ||||||8-10Grosvenor||Gardens|| ||||||LONDON|||| ||||||SW1W ODH|||| |Independent||Examiner|||Field Sullivan|Limited||| ||||||9 Hare S.Billet Road|||| ||||||Blackheath|||| ||||||SE3ORB|||| |Bankers|||||NatWest|||| ||||||Victoria (B)|||| ||||||POB 1357|||| ||||||169Victoria Street|||| ||||||London|||| ||||||SW1E SNA|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |l other risks are|rated as low|lev|el fo|llowing|mitigating
action|s and are not included|s and are not included|s and are not included|her|e.||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Risk Area|Risk||||Risk Level|Current Controls||||Actions||| |Governance|Our||governing||Medium|We||have||Review the|current|| ||documents|||don' t||established||||governing||| ||accurately||reflect|||governing||||documents||with| ||our|purpose||or||documents||that||legal
advice||and| ||current|||legal||are
broad|enough|||agree
to|revised|| ||framework.|||||to
reflect|||our|description|of|our| |||||||mission.
We||know||aims and purposes.||| |||||||that
they||should||||| |||||||be updated||to|be|Initiate
review||in| |||||||reviewed|since||the|Autumn
2024||for| |||||||Charity|||Act|completion|by|31st| |||||||establishment|||in|March
2025||(end| |||||||2011,||||offinancial|year).|| ## ## ## ## ## |Trustees:|Anthony
Gibson|| |---|---|---| ||Amaya
Lopez-Jauregui
(appointed
22 May 2023)|| ||Mohsin
Qadir (appointed|1December 2022)| ||Jack Rowan (appointed
5|August 2022)| ||Sabrina Vashisht|| ||Monica Wailer (appointed|12August 2022)| ||Matthew
Wright|| ||Grace Xia|| ||Nicolas Yassukovich
(appointed
15August 2022)|| ||Xi Chu (resigned 1December 2022)|| ||Noreen
Sumra (resigned|14June 2023)| ||Ravi Verma (resigned 10|December 2022)| ## ## ## ## ## ## ## ## ## ## ||||||||||||CO|00|00|CO|O||Cl||CO|00|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||'ID|M|LD||LD|||||||||| |||||||||CQ|||Ol|ID||LD|||||||||| |||||IQ
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(U|| ## ## ||||Balance Sheet as at|31March 2023||| |---|---|---|---|---|---|---| ||||||2023|2022| |||||Note|f|f| |Fixed assets||||||| |Intangible
assets|||||9,594|| |Tangible assets||||12|5,389|3,454| ||||||14,983|3,454| |Current assets||||||| |Debtors||||13|63,706|32,775| |Cash at bank|and|in hand||14|168,862|185,944| ||||||232,568|218,719| |Creditors: Amounts|||falling due within one year|15|(12,076)|(3,855)| |Net current|assets||||220,492|214,864| |Net assets|||||235,475|218,318| |Funds ofthe|charity:|||||| |Restricted income||funds||||| |Restricted
funds|||||77,573|51,703| |Unrestricted|income||funds|||| |Unrestricted|funds||||157,902|166,615| |Total funds||||20|235,475|218,318| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3
Income from donati|ons|a|nd l|egacies|||||| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted||||| |||||||||Total|Total| ||||||General||Restricted|2023|2022| ||||||f||f|f|f| |Donations
and legacies;|||||||||| |Appeals
and donations|||||84,401|||84,401|37,958| |Gift aid reclaimed|||||17,125|||17,125|| |Grants,
including
capital grants;|||||||||| |Westminster
Council|||||||31,902|31,902|45,718| |Strand Parishes Trust|||||||||5,000| |The Westmister
Almhouses|||||||||| |Foundation|||||5,000|||5,000|10,000| |Hyde Park Place Estates||Charity|||||||4,978| |City ofWestminster|Charitable|||Trust|||16,750|16,750|| |Whiteley
Foundation|||||||10,000|10,000|| |The Steel Charitable|Trust||||||20,000|20,000|| |Westminster
Amalgamated|||Charity||||||10,000| |The London Community||Foundation|||||||9,980| |Prospect-us
UK|||||||||4,532| |Young Westminster|—Strenghtening||||||||| |the Sector|||||||||20,000| |London Youth||||||800||800|| |Westminster
Foundation|||||13,505||10,000|23,505|23,505| |St Giles in the Fields|and|William|||||||| |Shelton Charity|||||14,450||8,000|22,450|14,450| |Young Westminster|Foundation||||||62,100|62,100|33,750| |John Lyons|||||5,000||25,000|30,000|25,000| ||||||140,281||183,752|324,033|244,871| ## ## ## |||||||||Unrestricted|| |---|---|---|---|---|---|---|---|---|---| ||||||||||Total| |||||||||General|2023| |||||||||f|f| |Contractual||income||||||65,168|65,168| |5
Investment||income|||||||| ||||||||Unrestricted||| ||||||||funds|Total|Total| ||||||||General|2023|2022| ||||||||f|f|f| |Interest receivable||||and similar||income;|||| |Interest|receivable||||on bank|deposits|552|552|67| |6
Expenditure|||on|charitable||activities|||| |||||||||Total|Total| |||||||||2023|2022| ||||||||Note|f|f| |Other fundraising|||costs||||||2,100| |Sessional|costs|||||||8,955|652| |Project development||||||||14,712|12,644| |Freelance|rs|||||||2,621|2,383| |Volunteer|expenses|||||||2 321|4,702| |Funding|partnership|||||||9,419|3,233| |Staff costs||||||||252,028|144,695| |Support|costs|||||||82,540|52,259| |||||||||372,596|222,668| ## ## ## ## |Support costs||||||| |---|---|---|---|---|---|---| ||||||Total|Total| ||||||2023|2022| |||||Note|f|f| |Staff costs||||||| |Other staff|costs||||1,007|1,576| |Depreciation,|amortisation||and other similar costs||5,482|1,245| |Fundraising
costs|||||272|377| |Rent and rates|||||28,216|28,399| |Office expenses|||||17,780|16,643| |Computer
software||and maintenance|||4,310|693| |Sundries|||||21|13| |Management|committee||expenses||635|1,324| |Advertising
and marketing|||||11,618|157| |Independent|examination||||2,221|1,832| |Legal and professional|||||10,890|| |Bank charges|||||88|| ||||||82,540|52,259| ## ## ## ## ## |The aggregate
payroll costs were as follows:||| |---|---|---| ||2023|2022| ||f|f| |Staff costs during the year were:||| |Wages and salaries|223,929|130,610| |Social security costs|16,819|8,227| |Pension costs|9,630|3,685| |Other staff costs|2,657|3,749| ||253,035|146,271| |2023|2022| |---|---| |No|No| ## ## ## ||||Other|| |---|---|---|---|---| ||||intangible|| ||||asset|Total| ||||f|f| |Cost||||| |Additions|||12,792|12,792| |At 31March|2023||12792|12792| |Amortisation||||| |Charge for the year|||3,198|3,198| |At 31March|2023||3,198|3,198| |Net book value||||| |At 31March|2023||9,594|9,594| |12 Tangible|fixed assets|||| ||||Furniture
and|| ||||equipment
f|Total
f| |Cost||||| |At 1April 2022|||4,980|4,980| |Additions|||4,799|4,799| |Disposals|||(839)|(839)| |At 31March 2023|||8,940|8,940| |Depreciation||||| |At 1April 2022|||1,526|1,526| |Charge for|the year||2,445|2,445| |Eliminated|on disposals||(420)|(420)| |At 31March 2023|||3,551|3,551| |Net book value||||| |At 31March 2023|||5,389|5,389| |At 31March 2022|||3,454|3,454| |||Page 31||| ## ## ## |13 Debtors|||| |---|---|---|---| |||2023|2022| |||f|f| |Pre payments||14,679|5,275| |Accrued income||31,902|27,500| |Other debtors||17,125|| |||63,706|32,775| |14 Cash and cash equivalents|||| |||2023|2022| |||f|f.| |Cash on hand||80|| |Cash at bank||168,782|185,944| |||168,862|185,944| |15 Creditors: amounts|falling due within one year||| |||2023|2022| |||f|| |Trade creditors||4,822|| |Other creditors||3,033|| |Accruals||4,221|3,855| |||12,076|3,855| ## |Total future
minimum
lease payments
under non-cancella|ble
operating
leases are as follows:|| |---|---|---| ||2023|2022| ||f|E| |Land and buildings||| |Within one year|26,624|26,624| |Between one and five years|19,968|46,592| ||46,592|73,216| ## ## ## ## ## ## |Current||period - 2023|||| |---|---|---|---|---|---| ||||Unrestricted||Total funds at| ||||funds|Restricted|31March| ||||General|funds|2023| ||||f|f|f| |Intangible||fixed assets|9,594||9,594| |Tangible||fixed assets|5,389||5,389| |Current|assets||154,995|77,573|232,568| |Current|liabilities||(12,076)||(12,076)| |Total net||assets|157,902|77,573|235,475| |Prior period - 2022|||||| ||||Unrestricted||Total funds at| ||||funds|Restricted|31March| ||||General|funds|2022| ||||f|f|f| |Tangible||fixed assets|3,454||3,454| |Current|assets||167,016|51,703|218,719| |Current||liabilities|(3,855)||(3,855)| |Total net assets|||166,615|51,703|218,318| ## ## ## ## |20 Funds|||||||||| |---|---|---|---|---|---|---|---|---|---| |Current period - 2023|||||||||| ||||||Balance at 1|Incoming|Resources|Balance|at 31| ||||||April 2022
f|resources
f|expended
f|March
f|2023| |Unrestricted|||||||||| |General|||||||||| |General
Funds|||||166,615|206,001|(214,714)|157,902|| |Restricted|||||||||| |John Lyon's Charity|||||4,367|25,000|(19,743)||9,624| |St Giles in the Fields|and|William|||||||| |Shelton
Charity||||||8,000|(8,000)||| |Young Westminster|Foundation-||||||||| |Mercer|||||6,750|43,750|(31,535)||18,965| |The London Community||Foundation|||7,893||(7,893)||| |Westminster
Council|- refugee||||2,335||(2,335)||| |Westminster
Council|- support||||11,893||(11,893)||| |City of Westminster|Charitable||Trust|||16,750|(11,569)||5,181| |VPRU Mayor Fund|||||1,075|31,902|(17,902)||15,075| |Young Westminster|- Brightening|||the|||||| |Future|||||7,500|16,500|(17,312)||6,688| |Westminster
Foundation|||||4,087|10,000|(7,417)||6,670| |Shaftesbury
Pic|||||5,803||(5,803)||| |Young Westminster|Foundation—||||||||| |summer||||||1,850|(1,850)||| |Whiteley
Fundation||||||10,000|(2,711)||7,289| |The Steel Charitabe|Trust|||||20,000|(11,919)||8,081| ||||||51,703|183,752|(157,882)||77,573| |Total funds|||||218,318|389,753|(372,596)|235,475|| ## ## |Prior period -|2022|||||||| |---|---|---|---|---|---|---|---|---| |||||||||Balance at| |||||Balance at 1|Incoming|Resources||31March| |||||April 2021|resources|expended|Transfers|2022| |||||f|f|f|f|E| |Unrestricted||||||||| |General||||||||| |General
Funds||||169,398|105,958|(124,205)|15,464|166,615| |Restricted||||||||| |John Lyon's|Charity||||25,000|(20,633)||4,367| |Prospect-us|UK||||4,532|(4,532)||| |Young Westminster||Foundation||||||| |- Mercer|||||26,250|(19,500)||6,750| |The London|Community|||||||| |Foundation|||||9,980|(2,087)||7,893| |Westminster|Council|- refugee|||20,400|(18,065)||2,335| |Westminster|Council|—support|||11,893|||11,893| |City of London||||5,231||(5,231)||| |Westminster|Foundation||- rent|15,464|||(15,464)|| |VPRU Mayor Fund|||||13,425|(12,350)||1,075| |Young Westminster—||||||||| |Brightening|the Future||||7,500|||7,500| |Edward
Harvist Trust||||1,000||(1,000)||| |Westminster|Foundation|||4,955|10,000|(10,868)||4,087| |Shaftesbury|Plc||||10,000|(4,197)||5,803| |||||26,650|138,980|(98,463)|(15,464)|51,703| |Total funds||||196,048|244,938|(222,668)||218,318| ## ##