REGISTERED COMPANY NUMBER: 03948654 {England And Wales) REGISTERED CHARITY NUMBER: 1085664 RT FTHETR TEE AND UDITED FINA CIAL TATEMENTS FOR THE Y ENDED 31 TMAR H 2024 BERWELL AFfER SCHO LPR EC Leroy Reid & Co Chartered Certified Accountants and Statutory Auditors 299 Northtrf)rough Road Norbury London SW164TR
CAMBERWELL AFTER SCHOOL PROJECT CONTENTS OF THE FINAP4CIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Page Rcferenee and administritlve delai18 Report of the trustees 2 to 4 IDdependent examlner's report Statement offinAnclal actfvltles St#tement of flnanclgl posltlon ]Yotes to the flnan¢lal $taterneDtg 9 to 16 Detalled stNtement offlnanclal actlvltl 17 to 18
CAMBER ELL FTER SCHOOL PROJECT REFERENCE AND ADMINISTRATIVE DETAIts FOR THE YEAR ENDED 31ST MARCH 2024 TRUSTEES Ms Angeline Verona Clarke (Chaityerson) Ms Aminat Kike Olusamokun (Treasurer) (resi 8.10.24) Ms Sabrina Nelson (HR Trustee) Mr Duncan James Burden (appointed 1.5.23) (resigned 8.10.24) Mr Oluwaremi Omojola Pedro (appointed 17.5.23) (resigned 4.3.24) Ms Zainab Ternitope Shittu (appointed 19.1.24) REGISTERED OFFICE 14 Badsworth Road Camberwell London SE5 OJY REGISTERED COMPANY NUMBER 03948654 (England and Wales) REGISTERED CHARITY NUMBER 1085664 INDEPENDENT EXAMINER Leroy Reid & Co Chartered Certified Accountants and Statutory Audilors 299 Northborough Road Norbury London SW164TR Page I
CAMBERWELL AFTER SCHOOL PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present thcir report with the financial statements of the charity for the year ended 31 st March 2024. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AIYD ACTIVITIES Objectives And alms Camberwell After School Project ICASP) exists to advance the development education of children, young people, and adults through: Providing accessible and affordable childcare, educalion, and fomily leaming services. Offering training opportunities tr) improve employability. personal dev¢lopment, and well-being. MIs8lon Statement CASP'S mission i5 to deliver a holistic range of ¢hildcaw services to m¢¢t the need5 of parents, particularly single parents. in Soulhwark. London. CASP offer5 a safe. nurturing environment for children a¥¢d 2 to 12 years, supporting parents in work, study, or professional development while pVenting them from falling into povety. Key Seryiees Bre4kfAs¢ and School Drop-off Serviee Daily lemi-timc scrvice providing breakfast, quite activities before drop-offs at school. 2 After Sehool Collectlon and Actlvltles Term-time after-school care for children from local schools, including activities and refreshments. Arly Years PrSChOol Nursery Flexible, affordable terni-time nurscry scysions for children aged 2-4 ycars, including funded placement. HolidAy PIAysehemes Full-day childcare during school holiday4 includinLy recreational and educational activitle5. 5 Special Needs Ineluslon Services tailored to children with special educational needs and disabilities, promoting inclusion and skill development. Publlc beneflt The trustees confirm that they have complied with their duty under section 17 of the Charities A 2011 to have due regard to the Charity Commission's guidance on public benefit. CASP'S SeIceS foster cconomic self-suffi¢ien¢y for families and promote community w¢ll-b¢ing. CASP benefits the community by.. Supporting parents, particularly lone parents. to maintain or pursue employment and education opportunily. Providing childrcn with a safe and stimulating learning environmenL fostering their social and academic developm¢nt. Offering subsidiged and grant-funded childcare to alleviate economic hardships. Volunteers and Communlty Engagement CASP relies on the dedication of voluntecrs who provide professional expertise. support services. and trustee leadership. Their contributions ensure the charity Gan maintain affordability and servire quality. Page 2
LLA OL PROJECT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 ACHIEVEMEwf AND PERFORMANCE Key Achievements Delivered 9 weeks of holiday playschemes, benefited 189 children. Operated 39 week5 of after-school services, 45 regular children benefitted from this service. Reinstate the Breakfast service which bcnefitted 8 regular children in the first quarter. Provided free early years education for 26 children under the 15- and 30-hour funding schemes. Upgraded internai communication systerns and technolo to improve service efficiency. Partnershlps Collaborations included partnerships with local school% charities, and funding organisations such as Southwark Council. St. Olave's and St. Saviour's School Foundation, and others. Chgll¢nges The costr-I1v1ng crisis and rising operational costs impacted service demand and financial stability. Reduce capacity to submit thnding applications Reduce succe55 rate wilh fundraising outcomes Short-tenn bookings due to parenthl financial constraints required operational flexibility. Nil rcservc fund5, threat of closure A¢knowledgments The Trustee5 express gratitude to all funder4 donors. staff, end volunleers whose sUPPOrt enabled CASPS to continue and delivcred our vital services. Charter House Southwark (£7,000) Crowdfunder5 (£9,001) St. Olave'5 and St. savious Schools Foundation (£3,(KJO) Southwark Equalily Granl (£17.888) FINANCIAL REVIEW Flnanclydl posltlon The results of the yeaPs operation are set out in the attached financial statements on page5 6 and 7. Income for the year primarily came from parenlal fees and grant funding. Total deficit &q of 3 1st March 2024 stood at £41,126. free reserves remain at £nil, below the tsrgel of three months, operaiional costs (£60,000). Reserves policy CASP aims lo maintain rc5crvcs cquivalent to three months, operaling costs, reviewed annually to balancc sustainability with affordability. Th¢ current shortfall highlights the need for continued efforts to secure sustainable funding. FUTURE PLAIYS Increase grant applicalions to secure additional funding. Expand community OUtreAch to boost service utilisation. Strengthen volunteer recruitment and training programmes. Explorc cost-saving measures to counteract rising operational costs. Review and staff rcstructure Work in partnership with the school to transfcr wraparound seryice into the school's building Fundraising campaign - Crowdfunding Appeal. Upgraded Fire Safety Alarni sysi¢m STRUCTURL, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils governing duMent, a deed of trus¢ and constitutE5 a limited company, limited by guarantee, as dcfin¢d by the Companie5 Ath 21x16. CASP is registered with OFSTED and in line with the Children Act 2004. R¢¢rultment and appointment of new truslees Tru5te¢5 are volunteers selected for their diverse expertise and commitment to CASP'S mission. RecTUitment emphasises representation from parents and the local community. Page 3
L4lNIIIERIIF.I._L,IFTER .sI',H()01. PRO.TF.CI' B Tr-pi)R'r () F()11 'l-Hl:- I JIF. TR['rEE. .%'IRlIL TURF., GOIERNANCF. .457) ItANAC.F.MENT ()r%w)L¥aitillDal struLtur¢ Th d..Iy-Ir)-d.14 rn4ind(rL IIIL'nt 1% dLlttg:IlLd Ich the C.l)ief &eiuuTre Oit?Ler. .%uprrf)rtLMq bj p4rt-uIne NlatT and iJ£iluniters ThL. RiiJrd iitr Tiu%l¥L Ill'Lf8Les 4irJLLgTiL dcL'isioris and txJliLV ImplennIallQn. Reluliyl tuirrie¥ ThLf¢ Il'li 11(1 r¢l4llL.d Pilrti. Ir.'Il14LILli()n% f4Jr the undL'r rL'¥'ieM' or the preN'iriLli iedr. Risk management TIIL I ruili'e% kl ilut>' 11) idLIicily r¥¥iew. d)e ri.kks IV 11,hi',h Ilie i 4iritihle c(?IiiP4Jli¥' 1.4 e.xp¢)¥ed i(1 en.sUr= dPPQ.)Pri;IIL' Lf)llLriilN arL iii pI.u'L irj PTI)¥ iJ¢ reJ.4(InJble d.%suranie .Ib7dain.4t tr¢lULI 4nd errur. RLinul411 ri.sk 4Ss¢.%smen(.4 are i)nduknlLd (fj JdLlre.4ii rin'incial. (IPLraii()niil. Jnd Lop111c ri.%X'.I. .Sl'.1'l'L,IIF.NI' 01. I'RI',S1'E:Tr..S' RF.SPO)blBtLI'tIE8 iL' InislLL% l¥¥'hiJ th'L tlJ¥ IlirLiI(!r.% ni c17.e11 AIILr ,Sih(J¢)i ProirLI ior die purw%¢.% ut. ci)Iripdny liiw'l iLr¥' rLspi)Iliible lor p)rei.?arinkJ lh¥ RLPUn lil- rhl IrusleL'% dnJ Lhe r)nJnci:Il %rJw'i7ieiiL% in JCiurilLinLL' 4ppli¥'dhle IJW thid l.'nilLIl Kiii Iliiiii ,ILcoiiriTllIL .Si'iiidiid% I I Ilil¢d Kingdom CJL¥ll¥rdll5 AL¥ei)ied .4LLisuntin¥ Pi'lLIILL i inLludin(T Fini11] r4eiii')niiiLt.Si.Illildril l O? 'TlIL P'iii.'InLiJI RLriJrting Siondatd dpiiliL.'IblL in ilL' LfK wi(1 RLpiiblii (If bi.l&llld" Lliiiipillll. fL"q'.iircs thL' Irul¢L&,S Iu finuniial s(JfemLbfil% lur each li1nl1 yedr 1]iLh 4i¥L 4 tsue und t'4ir i'i¢k¥' nl. the slJli' nl ul'r'iir% ()11tt4 cliurithblr conipank .'Iiid (?1 Ilic IncomiiTr&i Th.¢bi1rLe.% illlil itpplii Iiion ill. rL%IIUILL%. in¥ludin el¢LL.uiial)IL dLLIJLLniing p)IiLIL iiiid th¢n Jppl} IlieiTI .n.¥1%1¥nLly'. nhAcTre the niLihfxL¥ 4iiJ PriiiLiI)1¥s in Ihe Charity ,8ORP.. i11)K jiidgLilli'ni.4 E%UlnJl% ihui 4rL fL'4iNVll411)Ic &Dd prudrni: Thi.. Iru%ILI4 iifi rLbiiiJiiiililL lijl kLLPili& pr()i)er itLLI)uiiiin¥ reL Iir(l% whTrih di%Llo%e w Iih rtJ.%i)thiililL JLLuflL'V dl 11 Tiine (IIL, IinJnLial pu%iuiii1 ljt thL' Lhuriii1hlL L<)IllPiiriy an<1 Ir) ¢iiiJble thLm li) eniuTe (hat the financial slJienieni.y coiDpl¥ 1th Ilii.. L"IllVFl<ifiiLb Acl *jMl¢i, TIILV KUL ill%%) rLSPI?nsible li)r %ill-. Lju[1nTh the fil- thL LhI1&b)e L'riillpdn!. aijd hciiLx. fnr Idkinb rL'il%I')nJhlL' iLClJ% f<ii Ilie pre%'Lniii)11 <Jiid deteillllTi C)I' I'r4ud ()Iher inL'¥uliirilies. plppii)ked b)- i)rJ¥r i)f Ihe hiillrJ (Jl. Iiuil¢¢.% fin %igned i)n ii'.s behdii. bi 1.. .4iigeliiiL lffgriJDa C Ik. TnislL'L
INDEPENDENT EXAMINER, REPORT TO THE TRUSTEES OF CAMBERWELL AFTER SCHOOL PROJEC Independent exAmlner's report to the Irustees of C&mrweA1 After Sehool Project ('the CompADy') I report to the charity trustees on my examinalion of the accounts of the Company for the year ended 31st March 2024. Ruponslbilltles and basls of report As the charity's trustees of the Company (and also it5 directors for the pury)oses of compuny law) you are resp)nsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the account5 of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts &S GTi¢d out under Se¢lion 145 of the Charities Act 2011 ('the 2011 Act,). In catrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Ad, Independent exAminer's statement I havc complefrd my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believ¢: accounting records were not kept in rc5pect of the Company as required by Section 386 of the 2006 Act. or the accounls do not accord with those records. or thc accounts do not Gomply with the accounling requirements of Section 396 of the 2006 other than any requirement that the accounts give a true and fair view which is not a matter considered AS part of an indep¢ndcnt examination. or the accounts have not been prepared in accordance with the methods and principles of the Slalement of Rccommended Practice for accounting and reporting by charities (applicable to charitics preparing their accounts in accordancc with the Financial Reporting Standard applicablc in th¢ UK gnd Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in ¢onne¢tion with the examination to which attcntion should be drawn in this report in order to enable a proper understanding of the accounts to be reachcd. Ebenezer Ok&l (BSc)'FCCA Leroy Reid & Co Chartered Certified Accountant5 and Statutory Auditors 29) Northborough Road Norbury London SW16 4TR Date: Page 5
CAMBERWELL AFTER SCHOOL PROJEC STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 Tot81 fyllds 2023 Total nds Unregtrl¢t¢d fund Restrleted fund Noles INCOME AND ENDOWMENTS FROM Donations and legacies 17,397 17,397 10,936 Charll#ble Actlvltles After School and playscheme Early years funded placement 86,8(Kl 71,140 22,684 109,484 71,140 213,943 38,013 Other trIng activities Investtnent income Other income 1,839 510 1.035 1,839 510 1,035 219 872 Total 178,721 22,684 201,405 263,983 EXPENDITURE O Charitable Actlvltles Charitabl¢ activitics 243,755 22,684 266,439 263,101 Other 2,040 2,040 Total 245,795 22,684 268,479 263.101 NET INCOMEI(EXPENDITURE) (67.074) (67,074) 882 RECONCILIATIOiY OF FUNDS Total funds brought forward 23,350 2,598 25,948 25,066 TOTAL FUNDS CARRIED FORWARD (43,724) 2,598 (41,126) 25.948 The notes fom) part of th¢s¢ financial statements Page 6
CAMBERWELL AFTER SCHOOL PR JECT RECISTERFD IY MBkR: 03948654 STATEMENT OF FINANCIAL POSITION 31ST MARCH 2024 2024 2023 Noteg FIXED ASSETS Tangible wcts 8,398 8,064 CURRENT ASSETS Debiors Cash at bank end in hand 12 1.2l9 36,121 70,335 37,340 70,335 CREDITORS Amounts falling due within one year 13 (60,726) (22,996) NET CURRENT ASSETSI(LIABILITIES) (23,386) 47,339 TOTAL ASSETS LESS CURRENT LIABILITIES (14,988) 55.403 CREDITORS Amounts falling due after more than one yeAr 14 (26,138) (29,455) NET ASSETS (41,126) 25,948 FUNDS Unrestricied funds Restried funds 17 (43,724) 2.598 23,350 2,598 TOTAL FUNDS (41,126) 25,948 The charitable ¢ompany 15 entitled to exemption from audit under Section 477 of the Companies Act 26 for the year ended 31 st March 2024. The members have not required the company to obtain an audit of its financial statements ftir the year ended 3 1st Marrh 2024 in accordance with Section 476 of ihe Compamies Act 2006, The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps a¢UntIng records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial Statements which give a true and fair view of the state of affairs of the charitable company at the end of each financial year and of it5 surplus or deficit for each financial year in accordance with ihe requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companie5 Act 2006 relating to financial statemenls, so far as applicable to the charitable company. (b) The notes fom] part of these financial statements Page 7 continued...
(.'.l.11111::Rll:r.I:i_ ,In'r.R s1'11(x)[, l)R().IFI'"r EC.LS'1'EKEI) NI"..NIBF.R: 0.1g148(1541 Th& finmncial tatemBots have Ixen pJEpnYed in with thc povlsions apphcAble tts chuitable C4)mPJDies bieL% the sma]I compaftiu rerne. I'LIL ipiir(Ived by the BoATd of Tte£S and ttuthorised fff isw¢ wid Is'LI.' Slbiit'Él tsn its behbllby.. Ms Anxeline Vernna Clarke- TruJlLY P48¢ 8
AMBERWELL AFTER SCHOOL PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENV The financial statement5 of thc charitable company, which is a public benefit entity under FRS 102. have been prepared in accordance wilh the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial siatements have been prepared under te historical cost convention. INCOME All income is recognised in the Statement of Financial Activities once the charity has entitlemenl lo Ihe fund4 it is probable that the income will be r¢ceiv¢d and th¢ amount can be measured reliably. EXPENDITURE Liabilities are rccognised as expenditure as soon as there is a legal or constrnctive obligation committing the charity to that expenditure, it is probable thal a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured rcliably. Expcndilurc 15 accounted for on an accruals b&8is and has been classified under headings that aggregate all c05t relaied to the category. Where cost5 cannot bc d1ctlY attributed to particular headings they have been allocaled to activitie5 on a basis consistent with the use of resources. TANGIBI,E FIXED ASSETS Depreciation is provided at the following annual rates in order to writ¢ off cach Rs5Ct over its estimated useful life. Plant and machinery Fixtures and fitting5 25 /0 on Teducing balance 25010 on rcducing balance TAXATION The charity is exempl from corporalion lax on its charitable activities. FUND ACCOUNTING Unrestricled funds can bc used in accordance with the charitable objectives at the discretion of the trustees. Rcstricted funds can only be used for particular restricted purposes within the objects of the chlty. Restrictions arise when specified by the donor or when fimds ar¢ rais¢d for particular r¢stricled pUoses. Further explanation of the nature and purpose of each fund is included in the notcs to the financial stslements. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charitable comp&ny operates a defined conlribulion pension scheme. Contributions payable to the charitable company's pension sch¢mo are Charged to the Statement of Financial Activities in the p¢riod to which they r¢lat¢. Page 9 continued...
CAMBERWELL AFTER SCHOOL PROJECT NOTES TO THE FINANCIAL STATEMENTS- eontlnued FOR THE YEAR ENDED 31ST MARCH 2024 DONATIONS AND LEGACIES 2024 2023 Donations 17,397 10,936 OTHER TRADING ACTIVITIES 2024 2023 Fundraising events 1,839 INVESTMENT INCOME 2024 2023 Deposit account interest 510 219 INCOME FROM CHAIUTABLE ACTIVITIES 2024 2023 After School and playscheme Early years nded placement Total Aetlvltles Totsl actlvltles Parents fees Garfield Weston Foundation Southwark's Early Years Free Education Grant St Olave's & St Saviour School Foundation Newcomen Collett Foundation Guys & St. Thoma5 Southwat* Food & Fun Charterhouse Souihwark Council Community Project- Windrush Southwark Council Equality Grant Jumbo Ch8ritable Trust 76,860 76,860 78.744 15,000 71.140 71,140 3,000 1,000 38,013 3,(M)O 3,CM)O I,0 112,559 3,640 5,940 7,000 5,940 7,000 1,400 11.534 2,750 1,400 11,534 2,750 109,484 71,140 180.624 251,956 Page 10 continued...
ER ELL AFTER HOOL PROJECT NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2024 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 7) Support costs Totals Charitable aclivities 265,839 600 266,439 DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Staff costs Telephone Postage and stationery Advertising Sundries Catering utensils Children activities Children entertainment Cleaning cost Education materia15 Outing and entrance fees Refreshments 'rravel cost Volunteer cost Professional fees Computer and IT c05t 37th Anniversary cost Due and Subscription Bank charges Agency staff Casual Slaff Training Health & safety Premises & OffiLY Gosts Depreciation 227.038 3,150 317 437 201,932 3.696 608 3,772 184 204 2,480 44 1,255 1,953 1,092 4,764 1,887 483 2,734 3.419 3,508 1,566 1.423 553 2,729 7,520 1,800 1,700 ,963 2,633 427 511 ioi 9.118 1,231 ioi 324 1.212 779 865 10,015 2,681 10,048 1.666 265.839 260,388 NET INCOMEI(EXPENDITURE> Net in¢om¢l(¢xp¢ndilure) is ststed after ¢hargInpj(¢dlting). 2024 2023 Depreciation - owned gs5Cts 2,516 2.680 Pagell continued...
BER ELL AFTER S OLPR ECT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 315t March 2024 nor for the year ended 31st March 2023. TRUSTEES, EXPENSES There were no trustees, expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023. io. STAFF COSTS 2024 21n3 Wag¢s and salaries So¢ial security costs Other pension costs 209,596 12.158 5,284 179,987 17,821 4,124 227.038 201.932 The average monthly number of employees during the year w&5 L8 follows: 2024 2023 Admin And Childcare No employees received emoluments in excess of £60.000. ii. TANGIBLE FIXED ASSETS Flxtures And Ilttings Plant and machlnery Totals COST At 1st April 2023 Additions 34,492 2,000 57,047 91,539 2,000 At 31 st March 2024 36,492 57,047 93,539 DEPRECIATION At I st April 2023 Charge for year Charge written back 35,342 500 (850) 48,133 2,016 83,475 2,516 (850) At 3 1st March 2024 34,992 50.149 85,141 NET BOOK VALUE At 31st March 2024 1.500 6,898 8,398 At 3 1st March 2023 (850) 8,914 8,064 Page 12 continued..
CAMBERWELL AFTER SCHOOL PROJEC NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 li DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors 1,219 CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note15) Trade creditor5 Social security and other taxes Pension Fund Other creditors Parent deposit held Hall hire deposit Accrued expense5 10,783 2,362 7.960 1.974 33,604 3,323 120 600 10,783 933 3.241 I,ioi 3.555 2,663 120 600 60.726 22.996 CREDITORS: AMOUNTS FALLING DUE AFfER MORE TIIAN ONE YEAR 2024 2023 Bank loans (sec notc 15) 26,138 29,455 15. LOA]YS An analysis of the maturity of loans is given below.. 2024 2023 Amounls falling due within one year on demand: Bank loans 10,783 10,783 Amounts falling due between Iwo and fiv¢ years.. Bank loans- 2-5 years 26,138 29.455 ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total fundg Unre5trlcted Restrleted fund Fixed assets Current assets Current liabilities Long tctm liabilities 8.398 34,742 (60.726) (26,138) 8,398 37.340 (60,726) (26.138) 8.064 70,335 (22.996) (29,455) 2,598 (43,724) 2.598 (41,126) 25,948 Pagc 13 continued...
CAMBERWELL AwfER SC OTES TO THE FINANCIAL STATEMENTS- continue FOR THE YEAR ENDED 31ST MARCH 2024 17. MOVEMENT IN FUNDS et movement in fvnds At 31J.24 At 1.4.23 Unrutrleted funds General fund 23,350 (67,074) (43,724) Restrlcted funds Restricted fund 2,598 2,598 TOTAL FUNDS 25.948 (67,074) (41,126) Net movement in funds, included in ihe abov¢ are as follows.. Incoming resource8 Resourees expended Movern¢nt in fuadj Unrestricted funds General fund 178,721 (245.795) (67,074) Restrlcted funds Restricted fund 22.684 (22,684) TOTAI, FUNDS 201.405 (268,479) (67.074) Comparatlves for movement In thnds Net movement In funds At 31J.23 At 1.4.22 Unrostrleted funds General fund 25,066 (1,716) 23,350 Re5trlcted ndS Restricted fund 2,598 2,598 TOTAL FUNDS 25,066 882 25,948 Page 14 continued...
CAMBERWELL AFTER SCHOOL PROJEC OTES TO THE FINANCIAL STATEMENTS - eontlnued FOR THE YEAR ENDED 31ST MARCH 2024 17. MOVEMENT IN FUNDS- continued Comparative net movement in fund& included in the above are as follows: Incomlng re50urees Resources expended Movement hn funds Unrestrlcted funds General fimd 258,983 (260.699) (1,716) Re8triettd funds R¢strict¢d fund 5,000 (2,402) 2,598 TOTAL FUIYDS 263.983 (263,101) 882 A current year 12 months and prior Ye 12 months combined position is as follows: Net movement In funds At 31.324 At 1.4.22 Unrestricted fundy General fund 25,066 (68,7) (43,724) Restrlcted funds Restricted fund 2,598 2,598 TOTAL FUIYDS 25,066 (66,192) (41,126) A current year 12 months and Prior year 12 months combined net movement in funds, included in the atKJve are as follows: Incomlng resources Resources expended Movement In funds Unreytrlct¢d ndS General fund 437,704 (506.494) (68,7) ) Restrleted funds Restricted fund 27,684 (25,086) 2,598 TOTAL FUNDS 465,388 (531.580) (66,192) Page 15 continued...
CAMBERWELL ATrTERSC1400L PROJE NOTES TO THE FINANCIAL TATEMENTS- ndnued FOR THE YEAR ENDED 31ST MARCH 2024 RELATED PARTY DISCLOSURES There were no related party transactions for the year fflded 31st March 2024. Page 16
CAMBERWELL AFTER SCHOOL PROJECT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 Tot*1 funds 2023 Total funds Unrestrlcted funds Restricted funds INCOME AND ENDOWMENTS Dongtlons and legacles Donations 17,397 17,397 10,936 Other tradlng actlvities Fundraising events 1,839 1,839 Investment Income Deposit account interest 510 510 219 Ch4rit4ble aellvllle8 Parents Fees Grie1d Weston Found&tion Southwark'5 Early Years Free Education Grant St Olave's & St Saviour School Foundation Newcomen Collett Foundation Guys & St. Thomas Southwark Food & F un Charterhouse Southwark Council Community Project- Windrush Southwark Council Equality Grant Jumbo Charitable Trust 76,860 76,860 78,744 15,1X)O 38,013 3,000 1,000 112,559 3,640 71,140 3.(J)O I,(J)o 71.140 3,000 1,000 5.940 5,940 7,000 7,000 1,400 11.534 2,750 1,400 11,534 2,750 157,940 22.684 180,624 251,956 Other ineome Other income Hall Hire 872 ,035 1,035 1,035 ,035 872 Total locomlng resources 178,721 22,684 201.405 263,983 EXPENDITURE Charltsble aetlvltles Wages So¢ial Srity Pensions Telephone Postage and stationery Advertising Sundri¢s Catering utensils Children activities Carried forward 186,912 12.158 5,284 3,150 317 437 22,684 209,596 12.158 5,284 3,150 317 437 179,987 17,521 4.124 3.696 608 3.772 204 2.480 210,942 204 2,480 233,626 114 3,508 213,814 22,684 This page does not forni part of the statutory financial statements Page 17
CAMBERWELL AFTER SCHOOL PROJECT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 Total funds 2023 Total funds Unrestricted fuDIts Restricted funds Ch2rltable Ictlvltles Brought forward Children entertainment Cleaning cost Education materials Outing and entrance ftes Refreshments Travel cost Volunteer cost Professional fees Computer and IT cost 37th Anniversary cost Due and Subscription Bank charges Agency sthff C&sual Staff Training Health & safety Premises & OtTice cost5 Dcprcciation of tangible fixed assets 210,942 22,684 233,626 44 1,255 1,953 1,092 4,764 1,887 483 2.734 3,419 213,814 ,566 1,423 553 2,729 7,520 1,800 1,700 1,963 2.633 427 1,255 1,953 1,092 4,764 1,887 483 2,734 3,419 1,231 ioi 324 324 9,118 1,212 ,212 779 865 10,015 2.681 10,048 1,666 10,048 1,666 243,155 22,684 265.839 260,388 Other Bank loan interest 2,040 Support cost5 Management Book - Keeper Examination fee 2,113 600 600 600 600 2,713 Total soUrCeS expended 245,795 22,684 268.479 263,101 Net Income (67,074) (67,074) 882 This page does not fomi part of the statutory financial statement5 Page 18