**REGISTERED COMPANY NUMBER: 04136981 (England and Wales) REGISTERED CHARITY NUMBER: 1087259**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **THE ATTLEE CENTRE**
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
**THE ATTLEE CENTRE**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|16|
|**Detailed Statement of Financial Activities**|17|to|18|
**THE ATTLEE CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. 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 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Charitable Objectives**
The Centre's charitable objects, as set out in the Memorandum and Articles of Association, are:
- to educate young people in the development of their physical, mental and spiritual capacities so that they may grow to full maturity as individuals and as members of society;
- to provide or assist in the provision of facilities for recreation or other leisure-time occupation in the interests of social welfare;
- - to promote and provide social services of a charitable nature for the benefit of the community either generally or in a particular area with the object of improving the conditions of life of the persons for whom such services are intended;
- to promote such other charitable purposes whether similar to the foregoing or not as the Trustees may from time to time at their absolute discretion think fit
## **Vision**
Our vision is of a society where opportunity is open to all.
## **Mission**
To enable children and young people to develop their full potential.
## **Strategic Areas**
The strategies employed to achieve the charitable objectives are:
- **Opportunities for all** - making use of the Attlee Centre as the hub of our work, developing initiatives and testing ideas that will create opportunities, particularly for the health and wellbeing of young people.
- C **ommunity improvement** - supporting communities in need to access and take up the opportunities to improve the quality of community life and th at of their young people.
- **Knowledge application** - developing and sharing our knowledge through our projects, testing and piloting ideas within and external to the Centr e.
## **Public benefit**
The Trustees have considered their duty as outlined to Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. The purpose of the charity is enshrined in its objects and aims as outlined below. The Trustees ensure that this purpose is carried out for the public benefit by delivering a range of services.
## **ACHIEVEMENT AND PERFORMANCE**
## **Activities**
2021-22 started cautiously. Staff returned to the Centre exactly 1 year and 1 week since closure on 23 March 2020. The return was nervous but exciting. The focus was on preparing the site and the centre to receive children and their families again; ensuring all health and safety checks were completed before reopening.
Services started slowly in May with Covid 19 secure measures in place for both children and our hirers.
Play and family work: we received a large donation from Hummingbird for our play services which will take us through this financial year. Since May, we delivered play services during term time and school holidays using a bubble system until the end of August 2021. Thankfully we were able to lift these restriction from September 2021 to allow more children and families to participate; operating once again as an open access provision. Enhance cleaning continues and will remain for the time being.
Youth Work: funding for this work ended April 2020; in the middle of the first lockdown. Thankfully we secured funding late 2021 from Garfield Weston Foundation and we will be looking to relaunch our youth services from mid-2022.
Partnerships and sharing knowledge: new networks and contacts were made during the lockdowns and these have continued throughout 2021-22. We are looking forward to setting up formal partnerships from mid-2022.
Our staff team continued to engage in professional development on mental health, particularly how to support children and young people post lockdown and return to "normal".
Page 1
**THE ATTLEE CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2022**
## **FINANCIAL REVIEW**
## **Investment policy**
All funds not required for immediate use are invested in a deposit account.
## **Reserves policy**
The current reserves policy states that the charity should carry sufficient reserves to meet its operational commitments for a period of 12 months. Our general reserves for the year ending 31st March 2022 were £63,742
## **FUTURE PLANS 2022-23**
1. We will be holding consultation events with our children, young people and their families to understand their needs and how they might have changed over the last 2 years; this will inform and guide our strategy and services for 2022-25.
2. To expand play services to 5 days a week and relaunch our youth service.
3. Continue to develop a range of complementary partnerships to provide outreach activities with families, informal learning and vocational training and social research; e.g. with the Attlee Foundation.
4. Secure longer term unrestricted funds to enable us to subsidise our pilot projects as well as other unfunded projects.
5. Refurbish and repair football pitch, heating system and other key elements of the building and outside space
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The Attlee Centre is a company limited by guarantee, incorporated on 8 January 2001 and registered as a charity on 29 June 2001. It was established under a Memorandum of Association which sets out the charitable company’s objects and powers and it is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £5.
## **Recruitment and appointment of trustees**
The Board of Trustees are also the directors of the charitable company for the purposes of charity law and administering the charity. Trustees are elected by members, and retiring Trustees can offer themselves for re-election in accordance with the charity's Articles of Association. The maximum number of Trustees is 15. There are three Honorary Officers - the Chair, Vice Vice-Chairs and Treasurer who are elected annually at the AGM.
## **Trustees' induction and training**
Prior to appointment, new Trustees meet with the Chair and the Operations Director and are provided with a Trustees' pack containing information about the charity and their responsibilities as Trustees. This is coupled with a tour of the Attlee Youth & Community Centre. They are also invited to attend a meeting as an observer before confirming their willingness to stand for co-option or election. Newly appointed trustees will complete an entry in the register of members which all Trustees must sign.
Developments in good governance practice, the regulatory framework and other factors which impact upon the organisation are reported on and discussed in Committee and Board meetings to ensure that Trustees’ knowledge and understanding of their role and responsibilities is kept up to date. Training information is forwarded to Trustees from the Trustee Network and other relevant sources.
## **Management Structure and decision making**
The Board of Trustees meet at least four times a year and is responsible for the governance, probity and strategic direction of the Centre. The Trustees delegate executive management of the Charity to the Operations Director (who is also the Company Secretary). The Operations Director has overall responsibility for funding, finance, policy, project development and co-ordinating the staff team. Written reports are presented to the committees and Board meetings on operational, financial, project development, risk management and strategic planning. In addition, the Operations Director meets regularly with the Chair.
## **Related parties**
The Centre had no related parties at the year end.
## **Risk management**
Significant property risks facing the Centre include damage, destruction or loss of fixed assets. The charity is insured against these risks including theft. The fixed assets register identifies all of the assets held.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
04136981 (England and Wales)
## **Registered Charity number**
1087259
Page 2
**THE ATTLEE CENTRE**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2022**
## **Registered office**
Attlee Centre 5 Thrawl Street London E1 6RT
## **Trustees**
Z Hussain Co Vice Chair (resigned 31.3.22) Ms S M Kabir Co Vice Chair S V Thakrar Chair Ms A J Wang M F Young Ms L C Buzzoni (resigned 27.11.21) Ms S Howland D Farquharson Treasurer
## **Company Secretary**
Ms T Shaikh
## **Independent Examiner**
Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH Aug 1, 2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
## Subhash V Thakrar
.................................................................................Subhash V Thakrar (Aug 1, 2022 12:03 GMT+1)
S V Thakrar - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ATTLEE CENTRE**
## **Independent examiner's report to the trustees of The Attlee Centre ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts 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 as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## mwbrindley
mwbrindley (Aug 2, 2022 13:04 GMT+1)
Maurice Brindley BSc FCA Brindley Millen Ltd 167 Turners Hill Cheshunt Hertfordshire EN8 9BH
Aug 2, 2022 Date: .............................................
Page 4
**THE ATTLEE CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2022**
|Notes
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
Wages and salaries
Direct costs
Support costs
Premises costs
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
12
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**|Unrestricted
fund
£
3,302
67,462
4
70,768
48,860
400
16,568
29,036
94,864
(24,096)
(78)
(24,174)
87,915
63,741|Designated
Funds
£
-
-
-
-
-
-
-
194,486
194,486
(194,486)
-
(194,486)
1,000,239
805,753|Restricted
funds
£
112,687
-
-
112,687
46,780
206
19,257
540
66,783
45,904
78
45,982
171,698
217,680|31.3.22
Total
funds
£
115,989
67,462
4
183,455
95,640
606
35,825
224,062
356,133
(172,678)
-
(172,678)
1,259,852
1,087,174|31.3.21
Total
funds
£
106,448
32,878
-|
|---|---|---|---|---|---|
||||||139,326
91,699
2,200
13,133
210,373|
||||||317,405|
||||||(178,079)
-|
||||||(178,079)
1,437,931|
||||||1,259,852|
The notes form part of these financial statements
Page 5
## **THE ATTLEE CENTRE (REGISTERED NUMBER: 04136981)**
## **BALANCE SHEET**
## **31 March 2022**
|Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
-
5,141
83,703
88,844
(25,102)
63,742
63,742
63,742|Designated
Funds
£
805,753
-
13,973
13,973
(13,973)
-
805,753
805,753|Restricted
funds
£
-
-
218,304
218,304
(625)
217,679
217,679
217,679|31.3.22
Total
funds
£
805,753
5,141
315,980
321,121
(39,700)
281,421
1,087,174
1,087,174
869,495
217,679
1,087,174|31.3.21
Total
funds
£
1,000,239
5,133
286,607|
|---|---|---|---|---|---|
||||||291,740
(32,127)|
||||||259,613|
||||||1,259,852|
||||||1,259,852|
||||||1,088,154
171,698|
||||||1,259,852|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
**THE ATTLEE CENTRE (REGISTERED NUMBER: 04136981)**
## **BALANCE SHEET - continued**
## **31 March 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on .............................................Aug 1, 2022 and were signed on its behalf by:
## Subhash V Thakrar
Subhash V Thakrar (Aug 1, 2022 12:03 GMT+1) .............................................
S V Thakrar - Trustee
Duwan Farquharson .............................................Duwan Farquharson (Aug 1, 2022 12:37 GMT+1)
D Farquharson - Trustee
The notes form part of these financial statements
Page 7
**THE ATTLEE CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS**
**for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements and assessment of going concern**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 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 statements have been prepared under the historical cost convention.
The financial statements are presented in sterling (£).
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Critical accounting judgements and key sources of estimation uncertainty**
In preparing financial statements it is necessary to make certain judgements, estimated and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements.
## Useful economic life of tangible fixed assets:
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Fixed assets are stated at cost less depreciation. Assets with a value below £1,000 are written off in the year of acquisition. Fixed assets with a value in excess of £1,000 are capitalised. Finance costs incurred as a direct result of part of the Leasehold property have been capitalised as part of the final cost. Depreciation is provided on fixed assets at rates at which will write off the cost or revalue amount of the assets over their useful economic lives.
|Short leasehold|- Over 20 years|
|---|---|
|Fixtures and fittings|- 33% on cost|
The carrying values are reviewed at the year end for impairment if circumstances indicate that the full carrying value may not be recoverable.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
continued...
Page 8
**THE ATTLEE CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objects of the Charity and which have not been designated for other purposes.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
The charity contributes to the personal pension schemes of its employees. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
As from 1 February 2017, the charity joined the People's Pension to satisfy its obligations under Auto Enrolment and all staff who choose to opt into the scheme did so at the staging date.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants
Donated services and facilities
Grants received, included in the above, are as follows:
BGL Group
Garfield Weston Foundation
HMRC JRS Grant
Harry Gosling School
London Borough of Tower Hamlets
London Youth
PATH
Power to Change
Rank Foundation|31.3.22
£
76,500
39,489
-
115,989
31.3.22
£
-
35,000
1,810
804
-
1,875
-
-
-
39,489|31.3.21
£
9,702
94,546
2,200|31.3.21
£
9,702
94,546
2,200|
|---|---|---|---|
|||106,448||
|||31.3.21
£
2,691
-
34,881
-
5,577
-
6,000
25,000
20,397
94,546||
||||94,546|
continued...
Page 9
**THE ATTLEE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
|**3.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||£|£|
||Sports pitch hire|32,183|470|
||Room hire|35,279|32,408|
|||67,462|32,878|
|**4.**|**INVESTMENT INCOME**|||
|||31.3.22|31.3.21|
|||£|£|
||Deposit account interest|4|-|
|**5.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||31.3.22|31.3.21|
|||£|£|
||Depreciation - owned assets|194,486|194,485|
**6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Key management personnel**
The key management personnel of the charity comprise the trustees, the operations director and administrator. The employee benefits of the key management personnel are £51,003 gross pay (2021: £59,689), £4,705 employer's NI contributions (2021: £5,813) and £7,640 employer's pension contributions (2021: £705), which includes and accrual for three years backdated pension.
## **7. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|Wages and salaries|84,786|86,705|
|Social security costs|1,297|2,228|
|Other pension costs|8,316|1,403|
||94,399|90,336|
|The average monthly number of employees during the year was as follows:|||
||31.3.22|31.3.21|
|Attlee Centre and office staff|1|2|
|Sessional staff|7|4|
||8|6|
No employees received emoluments in excess of £60,000.
continued...
Page 10
**THE ATTLEE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the Year Ended 31 March 2022**
|**8.**
**2020/21 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Designated
fund
Funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
49,474
-
Other trading activities
32,878
-
**Total**
82,352
-
**EXPENDITURE ON**
**Charitable activities**
Wages and salaries
51,240
-
Direct costs
2,200
-
Support costs
5,241
-
Premises costs
6,547
194,485
**Total**
65,228
194,485
**NET INCOME/(EXPENDITURE)**
17,124
(194,485)
**Transfers between funds**
4,599
(4,599)
**Net movement in funds**
21,723
(199,084)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
66,190
1,199,323
**TOTAL FUNDS CARRIED FORWARD**
87,913
1,000,239
**9.**
**TANGIBLE FIXED ASSETS**
Short
leasehold
£
**COST**
At 1 April 2021 and 31 March 2022
3,889,718
**DEPRECIATION**
At 1 April 2021
2,889,479
Charge for year
194,486
At 31 March 2022
3,083,965
**NET BOOK VALUE**
At 31 March 2022
805,753
At 31 March 2021
1,000,239||Restricted
funds
£
56,974
-
56,974
40,459
-
7,892
9,341
57,692
(718)
-
(718)
172,418
171,700
Fixtures
and
fittings
£
28,100
28,100
-
28,100
-
-||Total
funds
£
106,448
32,878|
|---|---|---|---|---|
|||||139,326
91,699
2,200
13,133
210,373|
|||||317,405|
|||||(178,079)
-|
|||||(178,079)
1,437,931|
|||||1,259,852|
|||||Totals
£
3,917,818
2,917,579
194,486
3,112,065
805,753
1,000,239|
||||||
||||||
||||||
||||||
continued...
Page 11
**THE ATTLEE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Prepayments and accrued income
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
Other creditors
Deferred income
Accrued expenses
**12.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
87,915
Attlee Centre Building
1,000,239
1,088,154
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
4,922
London Borough of Tower Hamlets: Youth
10,074
Jack Petchey
936
London Youth
3,792
Big Lottery
119,906
London Borough of Tower Hamlets Connecting
Families
6,910
YIF (Lottery)
19,158
PATH play activities
6,000
Hummingbird
-
Harry Gosling School
-
Garfield Weston Foundation
-
171,698
**TOTAL FUNDS**
1,259,852|Net
movement
in funds
£
(24,095)
(194,486)
(218,581)
(4,922)
-
-
686
(22,293)
(6,910)
(19,158)
(6,000)
69,400
100
35,000
45,903
(172,678)|31.3.22
£
535
4,606
5,141
31.3.22
£
1,305
22,054
11,879
4,462
39,700
Transfers
between
funds
£
(78)
-
(78)
-
-
-
-
-
-
-
-
-
78
-
78
-|31.3.21
£
368
4,765
5,133
31.3.21
£
1,462
19,287
6,935
4,443
32,127
At
31.3.22
£
63,742
805,753|
|---|---|---|---|
||||869,495
-
10,074
936
4,478
97,613
-
-
-
69,400
178
35,000|
||||217,679|
||||1,087,174|
continued...
Page 12
**THE ATTLEE CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the Year Ended 31 March 2022**
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Attlee Centre Building
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
London Youth
Big Lottery
London Borough of Tower Hamlets Connecting
Families
YIF (Lottery)
PATH play activities
Hummingbird
Harry Gosling School
Garfield Weston Foundation
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
70,768
(94,863)
(24,095)
-
(194,486)
(194,486)
70,768
(289,349)
(218,581)
1
(4,923)
(4,922)
1,875
(1,189)
686
1
(22,294)
(22,293)
-
(6,910)
(6,910)
-
(19,158)
(19,158)
-
(6,000)
(6,000)
75,006
(5,606)
69,400
804
(704)
100
35,000
-
35,000
112,687
(66,784)
45,903
183,455
(356,133)
(172,678)|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
70,768
(94,863)
(24,095)
-
(194,486)
(194,486)
70,768
(289,349)
(218,581)
1
(4,923)
(4,922)
1,875
(1,189)
686
1
(22,294)
(22,293)
-
(6,910)
(6,910)
-
(19,158)
(19,158)
-
(6,000)
(6,000)
75,006
(5,606)
69,400
804
(704)
100
35,000
-
35,000
112,687
(66,784)
45,903
183,455
(356,133)
(172,678)|
|---|---|---|
|||(218,581)
(4,922)
686
(22,293)
(6,910)
(19,158)
(6,000)
69,400
100
35,000|
|||45,903|
|||(172,678)|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Fixed assets
Attlee Centre Building
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
London Borough of Tower Hamlets: Youth
Jack Petchey
London Youth
Big Lottery
London Borough of Tower Hamlets Connecting
Families
YIF (Lottery)
PATH play activities
**TOTAL FUNDS**|At 1.4.20
£
66,190
4,599
1,194,724
1,265,513
6,854
10,074
936
3,792
119,906
1,333
29,523
-
172,418
1,437,931|Net
movement
in funds
£
17,126
-
(194,485)
(177,359)
(1,932)
-
-
-
-
5,577
(10,365)
6,000
(720)
(178,079)|Transfers
between
funds
£
4,599
(4,599)
-
-
-
-
-
-
-
-
-
-
-
-|At
31.3.21
£
87,915
-
1,000,239|
|---|---|---|---|---|
|||||1,088,154
4,922
10,074
936
3,792
119,906
6,910
19,158
6,000|
|||||171,698|
|||||1,259,852|
continued...
Page 13
**THE ATTLEE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the Year Ended 31 March 2022**
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Attlee Centre Building
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
London Borough of Tower Hamlets Connecting
Families
YIF (Lottery)
Power to Change
Rank Foundation
PATH play activities
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
82,352
(65,226)
17,126
-
(194,485)
(194,485)
82,352
(259,711)
(177,359)
-
(1,932)
(1,932)
5,577
-
5,577
-
(10,365)
(10,365)
25,000
(25,000)
-
20,397
(20,397)
-
6,000
-
6,000
56,974
(57,694)
(720)
139,326
(317,405)
(178,079)|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
82,352
(65,226)
17,126
-
(194,485)
(194,485)
82,352
(259,711)
(177,359)
-
(1,932)
(1,932)
5,577
-
5,577
-
(10,365)
(10,365)
25,000
(25,000)
-
20,397
(20,397)
-
6,000
-
6,000
56,974
(57,694)
(720)
139,326
(317,405)
(178,079)|
|---|---|---|
|||(177,359)
(1,932)
5,577
(10,365)
-
-
6,000|
|||(720)|
|||(178,079)|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Fixed assets
Attlee Centre Building
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
London Borough of Tower Hamlets: Youth
Jack Petchey
London Youth
Big Lottery
London Borough of Tower Hamlets Connecting
Families
YIF (Lottery)
Hummingbird
Harry Gosling School
Garfield Weston Foundation
**TOTAL FUNDS**|At 1.4.20
£
66,190
4,599
1,194,724
1,265,513
6,854
10,074
936
3,792
119,906
1,333
29,523
-
-
-
172,418
1,437,931|Net
movement
in funds
£
(6,969)
-
(388,971)
(395,940)
(6,854)
-
-
686
(22,293)
(1,333)
(29,523)
69,400
100
35,000
45,183
(350,757)|Transfers
between
funds
£
4,521
(4,599)
-
(78)
-
-
-
-
-
-
-
-
78
-
78
-|At
31.3.22
£
63,742
-
805,753|
|---|---|---|---|---|
|||||869,495
-
10,074
936
4,478
97,613
-
-
69,400
178
35,000|
|||||217,679|
|||||1,087,174|
continued...
Page 14
**THE ATTLEE CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **12.**
## **MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Attlee Centre Building
**Restricted funds**
London Borough of Tower Hamlets: Attlee
Family Project
London Youth
Big Lottery
London Borough of Tower Hamlets Connecting
Families
YIF (Lottery)
Power to Change
Rank Foundation
PATH play activities
Hummingbird
Harry Gosling School
Garfield Weston Foundation
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
153,120
(160,089)
(6,969)
-
(388,971)
(388,971)
153,120
(549,060)
(395,940)
1
(6,855)
(6,854)
1,875
(1,189)
686
1
(22,294)
(22,293)
5,577
(6,910)
(1,333)
-
(29,523)
(29,523)
25,000
(25,000)
-
20,397
(20,397)
-
6,000
(6,000)
-
75,006
(5,606)
69,400
804
(704)
100
35,000
-
35,000
169,661
(124,478)
45,183
322,781
(673,538)
(350,757)|
|---|---|
Attlee Centre Building: the fund represents the net book value of the property.
Family and Youth Project: the aim of the Attlee Youth Community Centre is to provide informal learning and community services through Play, generic youth activities and intergenerational work. In the past year we have catered for these services through two main projects: Attlee Families (incorporating Play) and Youth, which promotes healthy living through sports and diet and accredited youth activities.
The Big Lottery is a three year grant ending in 2016/17. The grant will provide funding for three full time staff, a community development manager, a volunteer coordinator and an administrator. The grant will also fund general running expenses, training, travel, consultancy and advice, legal costs and IT costs.
Garfield Weston Foundation, Jack Petchey, London Youth and East End Community Fund: these grants are received to support the overall aims of the Centre but are spent for the purposes specified by the funders.
Harry Gosling School; monies received to be spent on staff time for school play sessions.
Page 15
continued...
**THE ATTLEE CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **13. CAPITAL COMMITMENTS**
31.3.22 31.3.21 £ £ - Contracted but not provided for in the financial statements 39,000
The charity is planning to refurbish the football pitch.
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
## **15. OPERATING LEASE**
The Attlee Centre has a 25 year lease agreement with London Borough of Tower Hamlets over the land comprising the Attlee Centre and Adventure Playground. The lease expires on 14th May 2026. Lease payments are made on an annual peppercorn rental payment of £10 (2021 - £10).
## **16. FUNDS HELD ON BEHALF OF OTHER ORGANISATIONS**
The charity holds £13,973 in its bank account on behalf of the Attlee Foundation (charity no. 1155133) these monies do not belong to the charity and have therefore been shown as a creditor in the balance sheet. During the financial year £4,912 was paid on behalf of the Attlee Foundation costs, these will be disclosed in the financial statements of the Foundation and are excluded from the Attlee Centre accounts.
Page 16