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_ London Family Centre (A Company limited by Guarantee) Trustees’ Report And Financial Statements
For The Year Ended , 31 December 2023
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Charity number 1085554 Company number 4105589 England and Wales
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London Family Centre (A company limited by guarantee)
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## Contents
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|||||Page||
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|Reference and administrative details ofthecharity ,
its trustees and advisers|||—|1||
|Trustees' report||||2 to 5|.|
|Trustees’ responsibilitiesstatement|.|||6.||
|||.||||
|Independent examiner's report||||78||
|Statement offinancial activities||||9||
|Balance Sheet||||10||
|Notestothefinancialstatements|;|||11to17||
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## London Family Centre
## Reference and Administrative Details Of The Company, Its Trustees and Advisers For The Year Ended 31 December 2023 |
## Charity registration number: 1085554
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Company registration number 4105589
Registered Office and Chichester Court OS operational address: 234 Royal College Street London NW1 9NJ
Trustees Reverend Tamang Dorjey Chair (appointed 05 September 2023) ‘Mrs Evelyn Boachie-Mensah Vice Chair , _Reverend Michael Mckeever (resigned 05 September 2023)
company Secretary — Reverend Tamang Dorjey - Accountants Vincent Chia & Co 359 Hendon Way London NW4 3LY
Bankers Barclays Bank Pic National Westminster Bank Plc _
Solicitors . | Gurusinghe & Co ‘. . Kingsbury House . 468 Church Lane _ rr a So, . NW98UA
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o London Family Centre 8 Trustees Report a : For The Year Ended 31 December 2023 : . ? The Trustees (who are also directors of the Charity for the purposes of the Companies Act) “y present their annual report together with the Financial Statements of London Family } “4 Centre (the company) for the year ended 31 December 2023. The Trustees confirm that the ¥ Annual Report and Financial Statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions , of the Statement of recommended Practice (SORP) "Accounting and Reporting by Charities” issued in 2015.
‘ Structure,Governance and Management. Governing Document The organisation is a charitable company limited by guarantee, incorporated on 10 November 2000 hw and registered as a charity on 14 March 2001. The company was established under a oo Memorandum of Association which established the objects and powers of the charitable hy company and is governed under the Articles of Association. In the event of the company , eS being wound up members are required to contribute an amount not exceeding £1.
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Recruitment and Appointment of Management Committee The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve from one Annual General Meeting to the next They must be re-elected at the next Annual General Meeting.
## Trustee Induction and Training
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Most trustees are already familiar with the practical work of the Charity.
New trustees are invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates.
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These are led by the Chair of the Management Committee and Chief Executive of the charity and cover: - The obligations of Management Committee members.
- The main documents which set out the operational framework for the charity including the Memorandum and Articles.
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- Resourcing and the current financial position as set out in the
. ; latest published accounts.
p="F ature plans“and-objectives-————- » ==+> --- -
Risk Management
De The Management Committee has conducted a review of the major risks to which the
_ charity is exposed.
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Where appropriate,systems or procedures have been established to mitigate the risks the charity faces.
External risks to funding are not deemed to be significant.
Internal control risks are minimised by the implementation of procedures for authorisation - of all transactions and projects.
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6 London Family Centre ce Organisational Structure ) § 4 The Management Committee of 4 members (1 vacant position) together with ; 3 elected members of the organisation meet periodically & are responsible for the strategic direction & policy of the charity.
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A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the Chief Executive along with the Finance, Services and Administration Managers The Chief Executive is responsible for ensuring that the charity delivers the services specified. The Services Manager has responsibility for the day to day operational management of the Centre.
## Related Parties
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> “4 ; \ 7 None \. Oe Objectives and Activities an The company's objects and principal activities are: , : \. - to seek the advancement of the Christian religion - en oy - to provide care, help and relief to any person wherever suffering, irrespective 5 so . of age generally, denomination or creed , from poverty , unemployment: 7 Ye or sickness ’ ce, - to offer community support & help develop the social life of people who.are in” } need of help .
> . Financial Review . 7 . Principal Funding Sources ~ The principal funding source for the charity are currently by way of voluntary donations f _ from the public. yp , 5 Gift Aid is another one-off income that helps to clear debts & provide a boost f- to the charity's income. 7 : : " Investment Policy . As most of the charity's funds are to be spent in the short term, there are very few funds. available for long term investment. ; : ; The Management Committee has decided that bank accounts are sufficient for the present. RESOrv POLCy ~ oe The Management Committee has examined the charity's requirements for reserves in light of the : main risks to the organisation. ; Working capital is not significant and it is not deemed necessary to hold any funds in reserves. In the short term , funds received will be required for repayment of loans taken in purchase ; of the building. .
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a On —_— , ° : London Family Centre , ° “& ; Report of the Management Committee for the year ended 31 December 2023 ez - To provide care, help and relief to any person wherever suffering, irrespective of age generally, B _ denomination or creed, from poverty, unemployment or sickness. - To offer community support and help develop the social life of people who may need such help.
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## Achievements and Performance
London Family Centre has been providing support services to Londoners and beyond since the beginning of the year 2001. Our main areas of work have been providing spiritual, emotional and psychological developments to our members and interested parties of the general public. This comes in the package of talks, seminars, conference's , classes, counseling, church meetings, community works, physical and financial help for the needy, educative movie shows, for the youth among others.
: needy, educative movie shows, for the youth among others. Management Committee Report The Church, London Family Centre had a Watch Night Service on 31 December 2022 (the eve of the New Year . 2023). It was a great time of celebration with about 138 people present at The Shed. The New Year was welcomed . with prayers of thanksgiving, music, singing and dancing. Then Rev Dorjey Tamang delivered a message to prepare the church for the year 2023.
The theme for the year was 'Go Beyond’. Reverend Dorjey Tamang , continued to prepare and empower the congregation with messages on the theme of the year for several weeks. The year began with the whole church participating in a 21 days Solemn Assembly for all family members. A return to physical meetings for Men, Women, Singles, Couples & Children/Youth continued from January onwards to help them reach out and gain a deeper relationship with God, post Covid.
A succesful Movie Night/Meal Outreach took place for the Easter period on Good Friday in April at Camden for the whole Church , Camden Community & beyond this was a good success as many from Harrow and across London attended. On Easter Sunday a service was held at the Church premises in Camden.
The Singles ministry organised an outreachoutong event in May themed ‘Get Connected’ at Enish restaurant in Finchley Road. The Youth also organised a bowling event in April to reach out to other youths locally & nation wide. In October a concert themed 'Reach' was organised with sister churches in UK The Childrens Ministry had a game party event. Bible , Quiz games & Pizzas was laid out & the kids were encouraged to come to church & celebrate jesus Christ.
A Come Back event was then held in October to encourage ail members to comeback to church and invite others along. The attendance for the event was hugely successful, praise God. The children's ministry also had a Hallelujah party event in October where the kids were encouraged to invite their friends to come to church and celebrate Jesus Christ.
. church and celebrate Jesus Christ. There were several guest Speakers throughout the year who came to inspire and educate members on different matters of life. Various seminars and conferences were also held for the Leaders, Singles, Couples, ‘ Parents, Men, Women & Children/Youth both in the Church and within different communities LFC operates.
Weekly programmes and monthly celebrations ofanniversaries.(birthdays)-cthrough **o** utntinued the year _. +during-church-meetingsvia both physical gathering and Zoom. Youth activities/conferences _ were also held throughout the year as well as baby dedications & a Family Baptism beach day took place in July at West Wittering.
Language Fellowship Services in Nepal Filipino & Sri Lankan continued.
: There were numerous life topics , discussions in the weekly bible studies and teachings on skills for coping with life events. . - A very very exciting Christmas Family Celebration took place on 24th December 2023. 2023. Both Camden
A very very exciting Christmas Family Celebration took place on 24th December 2023. 2023. Both Camden & Harrow congregation and their invited guests enjoyed carols , meals and fellowship together.
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; We . ° London Family Centre . ‘ Achievements and Performance contd... e Ry LFC is currently supporting three overseas mission projects - Romania, Namibia, Philippines
. A repetition of some some of the the programmes in 2023 is anticipated in 2024 since most of 7 them have become regular event that people look up to. A 21 - day Solemn Assembly for all family members & one marriage meeting ‘ have been planned in 2024. There will be group discussions, questions & answers . ue Couples will talk & spend time together. Similar programmeshave been planned for po Singlesin the Church to come & clebrate being single before they get married. - This will involve Seminars & Fellowship outings. A Church Family Beach Day is planned to take place for evangelism purpose to reach out 7 to communities. A number of Baptisms is planned for 2024. ; ‘Leadership training sessions have again been planned . A get togther for the leaders of the church a is planned during the year.
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2023 was a good year of progress. To God be all the glory
## Plans for Future Period
A plan to move the congregation from Camden to a larger venue in Harrow is taking place as well as a name change from London Family Centre to Victory Family Centre are all in the pipeline. A repetition of some some of the the programmes in 2023 is anticipated in 2024 since most of them have become regular event that people look up to.
A variety of spiritual & fun packed activities have been planned for the youth and children in 2024 They will be taught Godly principles & commit them to social & physical education to help them develop into responsible adults who will make a difference in their various communities.
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The annual Easter Family Camp have been planned for 28-30th March 2024 to be at a hotel venue at Staverton Park Hotel and gold Club , Daventry Road , Daventry NN11 6JT.
It is part of LFC plans to continue in 2024 the launch and focus on creating more ‘Reach Out' around London & UK . The Church influences in the community & beyond continues to grow significantly. Therefore it has led to the outlining of further programmes for 2024that would impact the community in many ways. Flipino Fellowship Meetings , South Harrow Fellowship Meetings & House Fellowship Meetings will continue to be enhanced & aim towards people who are not able to attend our usual Sunday morning services but want to know God & like to be a part of what we do.
We are grateful to all our members and supporters; those who give one off and regular donations, _ those who organise and take part in events.
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‘ those who organise and take part in events.
,--—.--—----LondonWe wouldFamilylike toCentre.thank everyone who has given.so-generously-oftheir time and moneyfo —
The report w: sprepvee by the Trustees and signed on their behalf by
; -” Reverend ‘aman Dorjey
Trustee ;
Date 3/ 1 | >>?7
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| ., ._ London Family Centre 70 Trustees’ Responsibilities Statement we For The Year Ended 31 December 2023
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‘The Trustees( who are also directors of London Family Centre for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to:
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- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP;
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- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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, Independent Examiner's Report to the Trustees of London Family Centre
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## eLondon Family Centre o
. | report on the financial staements of the Charity for the year ended 31 December 2023, which are set out on pages 9 to 17. . .
This report is made solely to the Company's trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken that | might state to the company's Trustees those matters | am required to state them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body for my work or for this report.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant-regulations but has been withdrawn.
## Respective responsibilities of trustees and examiner
; The Trustees who are also the directors of the company for the purposes of company law are a responsible for the preparation of the financial statements. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
Having satisfied myself that the company is not subject to audit under charity or company law , and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the Act
- ~ to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act and
- - state whether particular matters have come to my attention.
## Basis of independent examiner's report
. My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity)= 7 and a comparison of the financial statements presented-with-those-records .Italso includes _______.__.consideration-of-any-unusualitems or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a 'true and fair view' and the report is limited to those matters set out in the next statement.
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## Independent Examiner's Report continued
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## Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that,in any material respect,the requirements; - to keep accounting records in accordance with s386 of the Companies Act 2006;and
- im - to prepare Financial Statements which accord with the accounting records, Accounting
- _ and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects
- . comply with the accounting requirements of section 396 of the Companies Act 2006 _ and with the methods and principles of the Statement of Recommended Practice: / Accounting and Reporting by Charities.
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- . (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding : of the financial statements to be reached. — ,
There are no significant matters to report for the year ended 31 December 2023.
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. Vincent Chia & Co Chartered Certified Accountants ce 359 Hendon Way London NW4 3LY
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## London Family Centre
## Statement of Financial Activities incorporating Income & Expenditure Account
for the year ended 31 December 2023
|||Unrestricted|Total|;|
|---|---|---|---|---|
||Notes|funds|funds||
|||2023|2022||
|Income From|||||
|Donations
Investments|2
3|130,344
900|161,004
139||
|Total Income||731,244|761,142||
|Expenditureon|||||
|Charitable activities||20,142|54,240||
|Charitable activities support|5|74,931|143,430||
|Governance costs|5|8,373|6,079||
|Total expenditure||103,446|203,749||
|Netexpenditure Before Other|recognised|Gains|||
|And Losses|||||
|Net movement in funds||27,798|(42,607)||
|Reconciliation offunds|||||
|Total funds broughtforward||564,975|607,582||
|Totalfundscarriedforward||592,773|964,975||
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All activities relate to continuing operations The notes on pages 11 to 17 form part of these financial statements.
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|London|Family|Centre|‘|
|Balance|Sheet|
|as|at|31|December|2023|
|2023|2022|
|Notes|
|Fixed|assets|
|Tangible|assets|8|499,070|501,033|
|Current assets|
|Debtors|9|0|3,000|
|Cash|at|bank|and|in|hand|97,788|68,882|
|97,788|71,882|
|Creditors:|amounts|falling|due|
|within|one|year|10|(4,085)|(7,940)|
|Net current assets/(|liabilities)|93,703|63,942|
|Creditors:|amounts|falling|due|
|after more|than|one|year|-|-|
|NET ASSETS|12|592,773|564,975|
|Funds|of the|Charity|.|
|Unrestricted|funds|11|'|§92,773|564,975|
|TOTAL FUNDS|592,773|564,975|
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The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
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The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial teme( were approved by the Trustees and signed on their behalf by: . Reverend Tamang Dorey Chait-of trustees 6n behalf of the trustees Date 3 | 4 [a0 2 The notes on pages 11 to 17 form part of these financial statements.
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## London Family Centre Notes forming part of the Financial Statements for the year ended 31 December 2023
## 1 Accounting policies
## 1.1 General information
London Family Centre Charity is a private limited company by guarantee without share capital and incorporated in England. Its registered office is Chichester Court 234 Royal College Street Camden NW1 9NJ.
1.2. Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Repiblic of Ireland (FRS 102) (effective 1January 2015) - (Charities SORP (FRS 102)) , the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## 1.3. Reconcilitaion with previously Generally Accepted Accounting Practice
- In preparing these accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required.
- Following the transition to FRS 102 for the first time in 2015, all of the accounting policies have been aligned with the new accounting standard and where these have resulted in a material change to the accounts, classification or presentation within the financial statements as at the date of transition, then a transitional adjustment has been made. There were no material changes to note. .
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## 1.4 Company status
The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.
1.5 Fund accounting General ee , funds are unrestricted funds which are available-for-use-atthe discretion of a____the Trustees-in-furtherance of the general objectives of the company and which have not been designated for other purposes.
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.@ London Family Centre “yy Notes forming part of the Financial Statements _ for the year ended 31 December 2023
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1 Accounting policies (continued)
1.6 Income
All income is recognised once the company has entitlement to the income. It is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
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## 1.7 Expenditure
Expenditure . Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. It is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each avtivity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which attribute to more than one actvity and support costs which are not attributable to a single activity are apportioned between those actvities on a basis consistent with the use of resources . Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the company. ; - Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
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- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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; - Governance costs include those costs associated with meeting the constitutional
and statutory requirements of the charity and include the audit fees and costs linked
to the strategic management of the charity ee
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"EEE- Allresources.expended-areinclusive of irrecoverable VAT.
1.8 Cash flow
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; vey The company has taken advantage of the exemption in Financial Reporting Standard No.1 from
ea the requirement to produce a cash flow statement on the grounds that it is a small
. charitable company. ;
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## ; London Family Centre : Notes forming part of the Financial Statements 6 for the year ended 31 December 2023
## 4 Accounting policies (continued)
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## 1.9 Tangible fixed assets and depreciation
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Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their » estimated residual value, over their expected useful lives on the following bases: Office equipment 25% straight line basis Furniture and Musical Instruments 25% straight line basis . Leasehold improvements 10% reducing balaince
## 1.10 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company, this is normally upon notification of the interest paid or payable by the Bank.
1.11. Debtors
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Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
- 1.12 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balalnce sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.Liabilities are recognised at the amount that the company anticipates.it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.Provisions are measured at the best estimate of the amounts required to settle the obligation.
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1.13 Leasing & hire purchase commitments ,
Assets held under finance leases & hire purchase contracts, which are those
where substantially all the risk & rewards of ownership of the asset have passed to the
company, are capitalised in the Balance Sheet & depreciatedover their useful lives.-——_————
The corresponding lease or hire purchase-obligation’istreated in the Balance Sheet
as-a liability:
The interest element of the rental obligation is charged to the income & Expenditure
account over the period of the lease & represents a constant proportion of the balance
; of capital repayments outstanding.
foe Rentals paid under operating leases are charged to income ona straight line basis ;
7 over the lease term.
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we London Family Centre : é Notes forming part of the Financial Statements 8% for the year ended 31 December 2023
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## 2 Income from Donations and Gifts
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||||Unrestricted|Total|Total|
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||-||funds|funds|funds|
||oe||2023|2023|2022|
|||Donations|103,950|103,950|132,993|
|||Gift aid|26,394|26,394|28,011|
|“|.||130,344|130,344|161,004|
In 2023 , of the total income from donations and gift aid, £161,004 was to unrestricted funds.
## 3 Investment Income
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||||Unrestricted
funds|Total
funds|—|Total
funds|
|---|---|---|---|---|---|---|
||||2023|2023||2022|
|Bank|interest|receivable|900|900||139|
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In 2023 , of the total investment income , £900 was to unrestricted funds.
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' | 4 Analysis of Expenditure on Charitable Activities
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||Unrestricted|Total|Total||
|---|---|---|---|---|
|:|funds|funds|funds||
||2023|2023|2022||
|Summary By Fund Type
TotalSupportcosts
yoa|83,304——-83,304 149,509-
—
SSS|||7|
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In 2023 , of the total expenditure , £83,304 was expenditure from unrestricted funds and £Nil was expenditure from restricted funds.
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## Notes forming part of the Financial Statements for the year ended 31 December 2023
## 5 Support Costs
||,||||||Support|Governance|Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||_|||costs|costs|2023||2022|
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|||||||Travel expenses|5,661|-|5,661||3,054|
|||||||Premises expenses|9,153|-|9,153||9,645|
|||||||General admin expenses|7,851|-|7,851||22,387|
|||||||Finance costs|342|-|342||393|
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“||‘Employee costs
Depreciation|40,547
7,145||40,547
7,145||84,647
6,008|
|-||||||Seminars & Conferences|4,232||4,232|—|17,296|
|||||||Accountancy|:|2,200|2,200||2,000|
|4||||||Book-keeping|-|1,990|1,990||2,029|
|||‘||||Professional fee|-|4,183|4,183||2,050|
|-|||i||||74,931|8,373|83,304||149,509|
## 6 Net Incoming Resources (Resources Expended)
This is stated after charging:
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|This is stated after charging:charging:|||
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||2023|2022|
|depreciation oftangible fixed assets|||
|- owned by the charity|7,145|6,008|
|Trustees emoluments|21,570|62,909|
|Companycontributiontodefinedcontributionpensior|786|1,307|
During the year , no Trustees received any benefits in kind. (2022 - Nil)
## 7 Accountants remuneration
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The cee Independent Examiner's remuneration amounts to an-Independent Examination fee of£2,200 (2023_-£2,000)-and-professional fees £380 (2022-£390).
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° ’ Notes forming part of the Financial Statements . for the year ended 31 December 2023
“ i ;
; a _ 4 ;
*
, ' | . .
7 London Family Centre
## 8 Tangible Fixed Assets
.
“
|8|Tangible Fixed Assets||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Long||Leasehold|||Furniture|||
|woh|||Leasehold|||Improve-|Office||Musical|Total|
|7|||Building||©|ments|equipment|equipmet|||
||Cost||||||||||
||At 1 January 2023||450,000|||233,045|37,795||82,899|803,739|
||Additions|||-|||||5,182|5,182|
|'|Disposal
At 31 December 2023||-
450,000|||-
233,045|37,795||-
88,081|808,921|
||Accumulated Depreciation||||||||||
||At 1 January 2023|||-||183,877|37,045||81,784|302,706|
||Disposal|||-||-|||-||
||Charge for the year|||-||4,917|375||1,853|7,145|
||At 31 December 2023|||-||188,794|37,420||83,637|309,851|
||Net book value||||||||||
||At 31 December 2023||450,000|||44,251|375||4,444|499,070|
||At 31 December 2022||450,000|||49,168|750.||1,115|501,033|
|9|Debtors||||||||||
||||||||||2023|2022|
||Deposit
Prepayments|.|||||||-
-|3000
.|
||||||||||0|3,000|
|10|Creditors:Amounts falling|due within||one|year||||||
||||||||||2023|2022|
||Othertaxes and social security costs.
Other creditors
ee we
Accruals
—=_—___——- ">||||||TT||____206__2,744--———
79
346
3,800
4,850||
||||||||||4,085|7,940|
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> . .
## London Family Centre
## fF Notes forming part of the Financial Statements of for the year ended 31 December 2023
11 Summary of Funds ForwardBrought __ Income Expenditure ForwardCarried General funds 564,975 131,244 (103,446) 592,773
## 12 Analysis of Net Assets Between Funds
.
||Unrestricted|Total|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||2023|2023|2022|
|Tangible fixed assets|499,070|499,070|501,033|
|Current assets|97,788|97,788|71,882|
|Currentliabilities
Liabilities over one year|(4,085)
:
592,773|(4,085)
-
592,773|(7,940)
-
564,975|
)
## 13 Related Party Transactions
- 7 No transactions with related parties took place in the year of account , other than certain trustees’ emoluments already disclosed..
|
## 14 Controlling Party
—_——-
During the year , the charity was |[under-the-control] of the Trustees. ee
:
|
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