2023-03-31-accounts - West Hampstead Women's Centre

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					Page
Trustees' annual report (incorporating			the	director's report)
Independent auditor's	report to	the members			13
Statement offinancial	activities	(including		income and
expenditure account)
Statement offinancial	position				10
Statement ofcash flows					20
Notes to the financial	statements				21

Reference and administrative	Reference and administrative	Reference and administrative	Reference and administrative	details
Registered	charity	name		West Hampstead		Women's	Centre
Charity registration		number		1085824
Company registration			number	03919511
Principal office and		registered		26-30Cotleigh Road
office				London
				NW6 2NP
The trustees
				Jennifer Brown (Chair)
				Shaheda Multani
				Claudia Blackett
				Per(one McLoughlin				(Retired 8March 2023)
				Laura Holden				(Appointed 8March 2023)
				Claire Lintingre
				Charlotte Moore
Company secretary				Claudia Blackett
Centre Manager				Snezana Bulatovic
Auditor				Jackson Nicholas		Assis Limited
				Chartered Certified		Accountants		&statutory auditor
				Suite 7, Meridian	House
				62Station Road
				Chingford
				London
				E4 7BA
Bankers				Lloyds Bank
				1 Walm Lane
				Willesden Green
				London
				NW2 5SN

			Ye	ar end	ed 31 March	2023
						2023		2022
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	g	6	g	8
Income and endowments
Donations and legacies				5	12,023		12,023	9,282
Charitable activities				6	189.358	160,390	349,748	111,447
Investment income				7	759		759	31
Total income					202,140	160,390	362,530	120,760
Expenditure
Expenditure on raising funds:
Costs ofraising	donations		and
legacies				8	4,138		4,138	4,'l11
Expenditure on charitable		activities		9,10	82,973	73,006	155,979	210,185
Total expenditure					87.111	73,006	160,117	214,296
Net income/(expenditure)		and	net
movement In funds					115,029	87,384	202,413	(93.536)
Reconciliation offunds
Total funds brought	forward				122,836	75,668	198,504	292,040
Total funds carried	forward				237,865	163,052	400,917	198,504

				2023		2022
			Note	K		5
Fixed assets
Tangible fixed assets			17		50,021	64,189
Current assets
Debtors			18	2,656		3,469
Cash at bank and in	hend			422,571		299,603
				425,227		303,072
Creditors: amounts	falling	due within one year	19	(74,331)		(168,757)
Net current assets					350,896	134,315
Total assets less current		liabilities			400,917	198.504
Net assets					400,917	198,504
Funds ofthe charity
Restricted funds					163,052	75,668
Unrestricted funds					237,865	122,836
Total charity funds			21		400,917	198.504

		Year ended 31 INarch 202	3
			2023	2022
			6
Cash flows from operating	activities
Net income/(expenditure)			202,413	(93,536)
Adjustments for:
Depreciation oftangible fixed assets			14,848	16,838
Other interest receivable and	similar income		(759)	(31)
Accrued (income)iexpenses			(81,287)	58,190
Changesin:
Trade and other debtors			813	(1,717)
Trade and other creditors			(13,139)	(415)
Cash generated from operations			122,889	(20,671)
Interest received			759	31
Net cash fromi(used in) operating		activities	123,648	(20,640)
Cash flows from investing	activities
Purchase oftangible assets			(680)
Net increaset(decrease) In	cash	and cash equivalents	122,968	(20,640)
Cash and cash equivalents	at beginning ofyear		299,603	320,243
Cash and cash equivalents	at end ofyear		422,571	299,603

Donations	and legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
		E	E	E
Grants
Building Women's Resilience - other
voluntary	income	12,023	12,023	9,282	9,282
Charitable	activities
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
			E'	E	E
Room rental			9,278		9,278
Building Women's Resilience			80,000	160,390	240,390
Volunteer	Development		5,000		5,000
Other income - Photocopying			24		24
Other income - Rent accrual reversal			95,056		95,056
			189,358	160,390	349,748
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			E	E	E
Room rental			5,567		5,567
Building Women's Resilience			67,000	37,450	104,450
Volunteer	Development			1,400	1,400
Other income - Photocopying			30		30
			72,597	38,850	111,447

Building Women'	s R	esilience
							2023 f	2022 8
London Borough	of	Camden	—Section 106				120,030
London Borough	of	Camden	Strategic Partners			Fund	55,000	55,000
Camden Giving —Equality Fund							15,000	7,500
The Hampstead	Well and Campden			Trust			15,000
London Borough	of	Camden	—Advice				10,000	10,000
London Borough	of	Camden	—Resilience		Fund		10,000
Irish Government's		Department ofForeign			Affairs and
Trade: Emigrant	Support Programme						0,000	8,000
The Fitzdale Trust							3,000	2,800
London Borough	of	Camden	- Cost	of Living			2,380
The Arnold Clark Community			Fund				1,000
London Borough	of	Camden	Government		Support			12,000
Ageing Better in	Camden							7,500
Camden Giving —We Make			Kit					1,500
Get Together								150
							240,390	104,450
Volunteer Development
							2023	2022
							8	F
The Marsh Christian		Trust						400
The Morgan Charitable Foundation								1,000
London Borough	of	Camden	—Resilience		Fund		5,000
							5,000	1,400

7.	Investment incom	e
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2023	Funds	2022
			8	8	E	E
	Bank interest receivable		759	750	31	31
8.	Costs ofraising donations		and legacies
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2023	Funds	2022
			8	8	8	E
	Costs ofgeneraiing	income	—Staff
	Support costs		4,138	4,138	4,111	4,111

Expendit	ure on c	haritable activities by	fund type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
			6	5	8
Building	Women's	Resilience	15,000	50,422	65,422
Volunteer	Development		29,300	434	29,734
Support coals			38,673	22,150	60,823
			82,973	73,006	155,$7$
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			6	E	6
Building	Women's	Resilience	34,263	61,222	95.485
Volunteer	Development		41,168	1,400	42,586
Support costs			72,134		72,134
			147,563	62,622	210,185

Expendit	ure on charitable activitie	s by activity typ	e
		Activities
		undertaken		Total funds	Total fund
		directly F	Support costs f	2023 6	2022 8
Building	Women's Resilience	65,422		65,422	95,485
Volunteer	Development	29,734		2$,734	42,566
Support costs both programmes			47,227	47,227	57,693
Governance costs			13,596	13,596	14,441
		95,156	60,823	155,97$	210,185

Analysis ofsupport costs	(excluding governance	costs)
	Building
	Women's	Volunteer
	Resilience	Development	Total2023	Total2022
	6	6	6	6
Staff costs	16,219	6,950	23,169	23,024
Premises	9,328	2,852	12,180	17,831
Depreciation	8,315	3,563	11,878	16.838
	33,862	13,365	47,227	57.693

12.	Analysis ofgovernance	costs
				2023	2022
				8	E
	Staff Costs			5,793	5,757
	Governance support			2,873	3,852
	Audit fee			4,890	4,800
	AGM			240	32
				13,596	14,441
13.	Net income/(expenditure)
	Net income/(expenditure)	is stated	after charging/(crediting):
				2023 8	2022 f
	Depreciation oftangible	fixed assets		14,848	16,838
14.	Auditors remuneration
				2023	2022
				8	6
	Fees payable for the audit ofthe financial statements			3,688	3,600
	Fees for non-audit services			1,222	1,200
15.	Staffcosts
	The total staff costs and	employee	benefits for the reporting	period are snalysed as	follows:
				2023	2022
				8	6
	Wages and salaries			97,645	96,269
	Sodal security costs			3,017	3,839
	Employer contributions	to pension	plans	2,778	2,678
				103,440	102,786

The average head count	of employees during the year was 5 (2022:5).The average	of employees during the year was 5 (2022:5).The average	number	of
full-time equivalent employees during the year is analysed as follows:
		2023	2022
		No.	No.
Number ofstaff - Building	Women's Resilience	2		2
Number ofstaff - Volunteer Development		1		1
Number ofadministrative	and support staff	2		2
		5		5

17.	Tangible fixe	d assets
				Furniture,
			Building	fittings &	Computer
			refurbishment	equipment	equipment	Total
				6		6
	Cost
	At 1 April 2022		242,566	40,187	4,444	287,197
	Additions			680		680
	Dispossls			(2,402)	(1,704)	(4,106)
	At 31March	2023	242,566	38,465	2,740	283,771
	Depreciation
	At 1 April 2022		181,924	36,640	4,444	223,008
	Charge for the year		12,129	2,719		14,848
	Disposals			(2,402)	(1,704)	(4,106)
	At 31 March	2023	194.053	36,957	2,740	233,750
	Carrying amount
	At 31 March	2023	48,513	1,508		50,021
	At 31March 2022		60,642	3,547		64,189
18.	Debtors
					2023	2022
					8	5
	Trade debtors				1,924	2,444
	Prepayments	and accrued income			732	725
	Other debtors					300
					2,656	3,469

		2023	2022
		6
Trade creditors		31,201	43,291
Accruals and deferred	Income	35,101	116,388
Social security and other taxes		663	1,802
Other creditors		7,276	7,276
		74,331	168,757

Deferred	Income
		2021	2022
At 1 April	2022	650	650
Additions	during Ihe year
Amounts	released to income
At 31 March 2023			650

		At				At
		1 April 2022 f	Income	Expenditure 8	Transfers st March 2023 E 8
General funds		71,422	187,140	(72,111)	(56,679)	129,772
Designated	Fund-
Coseigh Road
equipment	and
furnishings Designated	fund Fund-	7,013			4,987	12,000
Staffing Fund		30,093			50,000	80,093
Designated	Fund-
Building refurbishments		14,308			1,692	16,000
		122,836	187,'I40	(72,111)		237,865
		At				At
		1 April 2021	Income	Expenditure	Transfers	31 March 2022
		2	r.	8	8	8
General funds		90,000	81,910	(151,674)	51.186	71,422
Designated	Fund-
CoUeigh Road
equipment	and
furnishings Designated	fund Fund-	7,013				7,013
Staffing Fund		80,093			(50,000)	30,093
Designated	Fund-
Building refurbishments		15,494			(1,186)	14,308
		192,600	81,910	(151,674)		122,836

Analysis ofcharitable	funds	feo»rr»oea)
Restricted funds
		At				At
	1 April 2022		Income	Expenditure	Transfers 31March 2023
			6	6	E	5
Cotleigh Road
refurbishment		60,642		(12,126)		48,514
Big Lottery Fund-
Building Women' s
Resilience
Irish Government's
Department ofForeign
Affairs and Trade:
Emigrant Support
Programme London Borough of		2,000	9,000	(8,750)		2,250
Camden - Community
Infrastructure Levy		1,496		(1,496)
SOLA		1,248				1,248
The Hampstead Wells
and Camden Trust		5,625	15.000	(9,375)		11,250
The CMS Future
Foundation (Olswang Foundation)		2,135				2,135
The Marsh Christian
Trust
Sure Start		522
The Fitzdale Trust			3,000	(3.000)
Beatrice Laing Trusl		2,000		(1.000)		1,000
Ageing Better in
Camden
The Morgan Charitable
Foundation
London Borough of
Camden - Advice			10,000	(10,000)
Camden Giving-
COVID-19Response
Camden Giving - We
Make Camden Kit
Get Together
The Arnold Clark
Community Fund			1,000			1,000
London Borough of
Camden - Section 106			120,030	(25,302)		94,728
London Borough of
Camden -Cost of Living			2,360	('l,955)		405
		75,668	160,390	(73,006)		163,052

Analysis ofcharitable f	unds fcooaouere
	At				At
	1 April 2021	Income	Expenditure	Transfers	31March 2022
	E		E	E	E
Cotleigh Road
refurbishment	72,771		(12,129)
Big Lottery Fund-
Building Women' s
Resilience	8,545		(8,545)
Irish Government's
Department ofForeign
Affairs and Trade:
Emigrant Support
programme	2,000	8.000	(8,000)		2.000
London Borough of
Camden - Community
Infrastructure Levy	2,994		(1,498)		1,496
SOLA	1,248				1,248
The Hampstead Wells
and Camden Trust	5,625	7,500	(7,500)		5,625
The CMS Future
Foundation (Olswang
Foundation)	2,135				2,135
The Marsh Christian
Trust		400	(400)
Sure Start	522				522
The Fitzdele Trust Beatrice Laing Trust	3.000	2,800	(2.800) (1,000)		2,000
Ageing Better in
Camden		7,500	(7,500)
The Morgan Charitable
Foundation		1,000	(1,000)
London Borough of
Camden - Advice		10,000	(10,000)
Camden Giving-
COVID-19 Response			(600)
Camden Giving - We
Make Camden Kit		1,500	(1,500)
Get Together		150	(150)
The Arnold Clark
Community Fund
London Borough of
Camden - Section 106
London Borough of
Camden - Cost of Living
Camden Giving
	99,440	38,850	(62,622)		75,668

22.	Analysis ofnet asse	ts between funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2023
				6	6
	Tangible fixed assets		1,508	48,513	50,021
	Current assets		310,688	114,539	425,227
	Creditors less than 1	year	(74,331)		(74,331)
	Net assets		237,865	163,052	400,917
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			2	6	6
	Tangible fixed assets		3,547	60,642	64,189
	Current assets		288,046	15,026	303,072
	Creditors less than 1	year	(168,757)		(168.757)
	Net assets		122.836	75,668	198,504
23.	Analysis ofchanges	in net debt
					At
			At1 Apr 2022	Cash Rows	31 Mar 2023
				2	6
	Cash at bank and in hand		299,603	122,968	422,571