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2021-03-31-accounts

Page
Legal and Administrative Information
Trustees'
Report		 2to 6
Auditors
Report to the		 Trustees 7to 8
Statement
of Financial		 Activities
Balance Sheet 10
Cash Flow Statement
Notes to ths Financial Statements 12to 16
Directors and Trusteem Directors and Trusteem Directors and Trusteem Grime Moges (Chair)
Pierce Kanyayi Tsiko
Timothy
Kudekwahe		 Frank
Secretary and Chief Executive Alem Gebreglwot
Company Registration Number 42157722
Charity Registration Number 1087526
Registered Office Selby Centre
Selby Road
London
N17 SJL
Auditors Liles Morris Ltd
Chartered
Accountants
8 Statutory Auditors
First Floor
80Coombe Road
Surrey
KT34QS
Bankers CAF Bank Limited
25 Kings
Hill Avenue
Kings
Hill
West Mailing
Kent
ME194JQ
Nat West Bank
14The Broadway
London N22 6BZ

Funds Total Total
Funds Funds
Notes
2021 2020
6 f
Incoming
Resources
Voluntary
Income:
Donations 200 200
Grants Received
Investment
Income
Bank Interest
Incoming resources from
charitable
activities:
Grants to provide charitable
activities 3 1,985,860 101,237 2,087,097 1,576,329
Other incoming
resources		 1,698 1,698 16,520
Total Incoming resources 1,987,758 101,237 2,088,995 1,592,849
Resources Expended:
Charitable
activities		 4,5 1,855,446 76,018 1,931,464 1,491,573
Total resources expended 1,855,446 76,018 1,931,464 1,491,573
Net Income/(Outgoing) Resources
before transfers 132,312 25,219 157,531 101,276
Transfers
between
funds
Nst movement
in funds/Net		 Incomel
(expenditure)
for the year
Balance brought
forward		 at
1 April 2020 423,358 24,300 447,658 346,382
Balance Carried Forward 10 555,670 49,519 605,189 447,658

Notes 2021 2020
f f
Fixed Assets
Tangible assets 1,021 1,674
Current Assets
Debtors 522,978 323,575
Cash at bank and In hand 121 71~ 121515
652,694 453,090
Less Creditors: Amounts
within one year		 falling due 6 ~48,526 ~7166
Net Current Assets 604,168 445,984
Total Assets Less Current Llsbigtles 605,189 447,658
Net Assets 605,189 447,658
Funds
Restricted
funds		 10 49,519 24,300
Unrestricted
funds		 10 555,670 423,358
Total Funds 10 605,189 447,658

Note 2021 2020f
Net cash Inflow/(outflow)
from operating
activities 14 201 (171,789)
Returns
on investments
and servicing offinance		 15
Increase/(decrease)
In cash In the period
Reconciliation
of net cash flow to movement		 In
net debt
Increase/(decrease)
in cash in the period		 201 171789
Movement
in net debt In the period		 201 (171,789)
Cash and Cash Equivalents
at the start ofthe		 129515 301 304
Year
Cash and Cash Equivalents
at the end ofthe		 16
Year

Voluntary
Income
Unrestricted Restricted 2021 2020
funds funds Total Total
E E E E
Donations 200 200
200 200
Incoming
Resources		 from Charitable Activities:
Grants and Contractual income
Unrestricted Restricted 2021 2020
funds funds Total Total
E E E E
Haringey
Public Health		 220 000 220,000 220,000
LB Haringsy
re Housing
Advice
THT-HIV Prevention
England		 45,000 45,000 38,478
300
BBCChildren
in Need		 18,964
LB Haringey rs Cervical
HPE Partnership		 Screening 7,500 7,500 10,000
5,932
The National
Lottery		 Community Fund 48,737 48,737
Home Care Services 1,765,860 1,765,860 1,281,155
African Advocacy Foundation 1000
LB Enfield 500
1 985 860 101237 2087097 1 576329

Resourc es Expend ed
-Charitable
A		 ctivities
Unrestricted Restricted 2021 2020
funds funds Total Total
6 8 8 6
Health 219,588 3,388 222,976 229,487
New Opportunities, Better Life Project
Advice and Support Projects 72,630 72,630 57,679
Capacity Building
Home Care Services 1,623,542 1,623,542 1,194,389
Governance Costs (Refer Note 5) 12,316 12,316 10,018
1 855446 76018 1 931464 1 491,573
Governance
Unrestricted 2021 2020
funds Total Total
6 6
Auditors remuneration 3,420 3,420 3,180
Accountancy charges 7,756 7,756 6,478
Management committee expenses 1,140 1,140 360
12316 12316 10018
Staff costs
2021 2020
Total Total
6 6
Wages and salaries 1,598,044 1,199,507
Social security costs 119,789 89,111
Pension costs 41,521 32,871
1,759,354 1,321,489

Fixed Assets
Fixtures,
Fittings &
Equipment Total
f 6
Cost
At 1 April 2020 15,537 15,537
Additions
in year
At 31 March 2021 15537 15 537
Depreciation
At 1 April 2020 13,863 13,863
Charge for the year
At 31 March 2021		 653
14516		 14 653
516
Net BookValue 31 March 2021 1 021 1 021
Net Book Value 31 March 2020 1 674 1 674

Debtors 2021
f		 2020
8
Other Debtors and Prepayments 522,978 323,575
522 978 323575
Creditors: Amounts due within one year
6 8
Trade Creditors 3,099 4,646
Other Taxation and Sodal Security 42,967
Other Creditors and Accruals 2460 2460
48526 7 106

Analysis ofAssets an d Liabilities be tween
Funds
Unrestricted Designated Restricted
Funds Funds Funds Total
f 6
Tangible Fixed Asset. 1,021 1,021
Net Current Assets 554649 49519 604 168
555 670 49519 605 189

2021 2020
g
Net (outgoing)tincoming resources 157,531 101,276
Depreciation
charges		 653 653
Interest received
(Increase)/Decrease in debtors (199,403) (246,902)
(Decrease)/Increase ut creditors 41,420 (25,337)
Fixed Assets Additions (1,479)
Net cash iuflow/(outflow) from operating activities
ANALYSIS OF CASH FLOWS FOR HEADINGS NETTED IN THE CASH FLOW
STATEMENT
2021 2020
Returns
on investments		 and servicing offinance f
Interest received
Net cash Inflow for retnrus on investments and servicing
offinance
ANALYSIS OF CHANGES IN CASH AND CASH EQUIVALENTS
At 1.4.20 Cash flow At 31.3.21
f
Net Cash:
Cash at bank 129515 201 129716
Total