## ||Page| |---|---| |Reference and Administrative
Details|| |Report ofthe Board ofTrustees|2to 5| |independent
Examiner's
Report|| |Statement of Financial Activities|| |Balance Sheet|| |Statement ofCash Flows|| |Notes to the Financial Statements|10-17| ## ## |Company
Number:|Company
Number:|04076191 (England|&Wales)|&Wales)|&Wales)||| |---|---|---|---|---|---|---|---| |Charity Number:||1087668|||||| |Registered|Office:|72 Moray Road|||||| |||Finsbury
Park|||||| |||London|||||| |||N4 3LG|||||| |Principal Address ofCharity||72 Moray Road|||||| |||Finsbury
Park|||||| |||London|||||| |||N4 3LG|||||| |Trustees (Directors):|||||||| |||Michael Knight {Co-Chair)|||- Appointed|10Jan 2024|| |||Judith
Knight (Co-Chair) - Appointed||||10Jan|2024| |||Mary Hogg - Appointed||10Jan 2024|||| |||Eric Farnworth - Appointed|||26 Feb 2024||| |||Stephen Briggs - Appointed|||10Jan 2024||| |||Dr Darren Bull - Appointed|||10Jan 2024||| |Secretary:||Daniel Sonabend|||||| |Independent|Examiners|Grant Harrod Lerman||Davis LLP - Chartered|||AccoUntants| |||1st Floor, Healthaid|House||||| |||Marlborough
Hill|||||| |||Harrow,|||||| |||HA1 1UD|||||| |Bankers:||Clydesdale
Bank pic|||||| |||7 Gold Street|||||| |||Northampton|||||| |||NN1 1EN|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| ||||Note|Funds|Funds|2023|2022| ||||||R|R|R| |Incoine from:|||||||| ||Donations|||78,943||78,943|229,679| ||Legacies
Grants|||176,8OO|3,990|180,790|1,250
116,580| ||COVID-19
Investments|Support Grants||5,779||5,779|2,488| |Total||||261,521|3,990|265,511|349,994| |Expenditure
on:|||||||| ||Raising funds
Charitable
activities||8
B,12|299
575,694|5,200|299
580,894|86,837
593,411| |Total||||575,993|5,200|581,193|680,248| |Net income||||(314,472)|(1,210)|~315,682|~330,264| |Transfers between funds|||12|2,966|2,986||| |Net movement||in funds||(317,438)|1,756|(315,682)|~330,264| |Fund
2022|balance brought forward at 1 October||12|1,134,920|148,228|1,283,148|1,613,402| |Fund|balance carried forward at 30||||||| |September 2023|||12|817,482|149,984|967,466|1,283,148| ## ## |||Notes|2023|2022| |---|---|---|---|---| ||||E|f.| |Fixed assets:||||| |Tangible assets|||350,277|363,067| |Total fixed assets|||350,277|363,067| |Current assets:||||| |Debtors|||13,808|23,443| |Cash at bank and in|hand||724,926|915,282| ||||738,734|938,725| |Liabilities:||||| |Creditors: Amounts
within one year|falling due|10|~121,545)|(18,644| |Net current assets|||617,189|920,081| |Net assets|||967,466|1,283,148| |The funds ofthe charity:||||| |Designated
Funds||12|853,891|936,067| |General
Funds||12|(36,409)|198,853| |Restricted Funds||12|149,984|148,228| |TOTAL FUNDS|||967,466|1,283148| ## ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| ||||||||R|R| |Cash flows from operating|activities|||||||| |Net cash provided
by operating
activities|||||||(196,137)|(247,279)| |Cash flows from investing|activities|||||||| |Interest from investments|||||||5,779|2,486| |Cash flows from financing|activities|||||||| |Repayments
of borrowing||||||||| |Change in cash and cash|equivalents|in|the|reporting|period||(190,357)|(244,793)| |Cash and cash equivalents|at the beginning||of|the reporting||period|915,283|1,160,076| |Cash and cash equivalents|atthe end|of|the reporting|||period|724,926|915,283| |Reconciliation
ofnet income/ (expenditure)||||to net cash||flow from operating|activities|| ||||||||2023|2022| |Net income forthe reporting
period (as per the||||||||| |statement offinancial activities)|||||||(315,682)|(330,254)| |Adjustments
for:||||||||| |Depreciation
charges|||||||12,790|12,899| |Interest from investments|||||||(5,780)|(2,486)| |Decrease/(increase)
in debtors|||||||9,634|65,296| |Increase/(decrease)
in creditors|||||||102,900|7,266| |Net cash provided
by operating
activities|||||||(196,137)|(247,279)| ## ## ## ## ## ## ## ## ## ## ## ## |2|VOLUNTARY|INCOME|Unrestricted|Restricted|2023| |---|---|---|---|---|---| ||||Funds|Funds|Total| ||2023||F.|E|F| ||Donations||78,943||78,943| ||Legadas
Grants||176,800|3,990|180,790| ||||255,742|3,990|259,732| ||||Unrestricted|Restricted|2022| ||||Funds|Funds|Total| ||2022
Donations||R
229,679||229,679| ||Legacies||1,250||1,250| ||Grants||74,580|42,000|116,580| ||||305,509|42,000|347,509| |3|INVESTMENT|INCOME||2023|2022| |||||E|E| ||Bank Interest|||5T79
I|2,486| ## ## |STAFF COSTS|||| |---|---|---|---| |||2023|2022| |||R|R| |Salary
Provision for pay upliff
Redundancy
&exgratia payments
Social security costs|payments|3T3,675
8,550
16,085
24,T33|442,058
40,346| |Temporary
Staff
Employer Pension contributions||6,0T4|8,314| |||429,11B|490,717| ## ## |6|EXPENDITURE|||Raising|Charitable|Governance|Total| |---|---|---|---|---|---|---|---| |||||Funds|Activities|Costs|2023| ||2023||||||| ||Salaries and National
Insurance||||429,116||429,116| ||Recruitment
and training
Supervision
and volunteer|expenses|||5,008
2,913||5,008
2,913| ||Internet
and ITexpenses||||35,172||35,172| ||Household
expenses||||646||646| ||Postage and stationery||||822||822| ||Cleaning
and repairs||||4,447||4,447| ||Travel expenses||||||| ||Guest direct expenses,
including
Rates||food||2,333
962||2,333
962| ||Telephone
Electricity, gas and water
Insurance||||7,861
3,804
7,985||7,861
3,804
7,985| ||Sundry expenses
Audit and accountancy fees
Bank interest and charges||||484
4,245
1,276|5,235|484
9,480
1,276| ||Fundraising
costs|||299|||299| ||Depreciation||||12,791||12,791| ||Evaluation
and Consultancy||||336||336| ||Legal
Subscription
and membership
Director expenses
Studio office expenses
Promoting
Maytree||||1,765
23,897
17,204
4,000|8,592|8,592
1,765
23,897
17,204
4,000| |||||299|567,067|13,827|581,193| ||Allocation ofgovernance|costs|||13,827|(13,827)|| ||Totals|||299|58D,894|-|581,193| ## |7|EXPENDITURE||||Raising|Charitable|Governance|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Activities|Costs|2022| ||2022|||||||| ||Salaries and National|Insurance|||86,281|402,705||488,987| ||Recruitment
and training|||||42,763||42,763| ||Supervision
and volunteer||expenses|||8,157||8,157| ||Redundancy
payments|||||||| ||Internet and ITexpenses|||||26,986||26,98B| ||Household
expenses|||||2,808||2,808| ||Postage and stationery|||||2,267||2,267| ||Cleaning and repairs|||||10,669||10,669| ||Travel expenses|||||1,191||1,191| ||Guest direct expenses,|including||food||4,614||4.814| ||Rates|||||840||840| ||Telephone
Electricity, gas and water
Insurance|||||B,837
5,016
8,843||6,837
5,016
8,843| ||Sundry expenses
Audit and accountancy fees
Bank interest and charges|||||2,120
4,343
1,857|11,846|2,120
16,189
1,857| ||Fundraising
costs||||556|||556| ||Advertising|||||||| ||Depreciation|||||12,899||12,899| ||Adjustment-Depn
b/fwd|||||||| ||Loss on disposal offixed||asset|||||| ||Evaluation
and Consultancy|||||312||312| ||Legal||||||10,440|10,440| ||Subscription
and membership|||||2,054||2,054| ||Director expenses|||||4,558||4,558| ||Studio office expenses|||||18,465||18,4B5| ||Outreach set-up and expenses|||||820||820| ||||||86,837|571 124|22,286|680,248| ||Allocation ofgovernance||costs|||22,286|(22,286)|| ||Totals||||86837|593411||880,248| ## ## |8|TANGIBLE FIXEDASSETS|||| |---|---|---|---|---| |||Freehold|Office|| |||property
f|Equipment
f|Totalf| ||Cost or valuation:|||| ||At 1 October 2022|608,805|10,501|619,306| ||Additions
in year|||| ||Disposals
in the year|||| ||At 30September 2023|608805|10,501|619,306| ||Depreciation:|||| ||At 1 October 2022|249,834|6,405|256,239| ||Disposais|||| ||Charge for the year|12,176|615|12,791| ||At 30September 2023|262,010|7,020|269,030| ||Net BookValue:|||| ||At 30September 2023|346,795|3,481|350,277| ||At 30September 2022|358,971|4,096|363,067| |9|DEBTORS||2023f|2022f| ||Other debtors - Accounts receivable||4,025|6,990| ||Payroll debtor|||1,080| ||Prepayments
and Accrued Income
Rent deposit||8,633
1,150|14,224
1,150| ||||13,808|23,443| |10|CREDITORS DUE WITHIN ONE YEAR||2023f|2022f| ||Accruals||61,652|12,453| ||Trade Creditors||9,056|5,665| ||Other creditors||50,836|526| ||||121,545|18,644| ## ## |ANALYSIS OF|NET ASSETS BETWEEN F|UNDS|||| |---|---|---|---|---|---| |2023||General|Restricted|Designated|Total| |||funds|funds|funds|| ||||R||R| |Fund balances|at 30September 2023||||| |are represented
by:
Tangible fixed assets
Current assets||85,136|149,984|350,277
503,614|350,277
738,734| |Current
liabilities||(121,545)|||(121,545)| |Long term liabilities|||||| |TOTALFUNDS||~36,409|149,984|853,891|967,466| |Fund balances|at||||| |30September 2022
are represented
by:||198,853|148,228|936,067|1,283,148| |2022||General|Restricted|Designated|Total| |||funds|funds|funds|| |||R|R|R|R| |Fund balances|at 30September 2022||||| |are represented
by:
Tangible fixed assets
Current assets||216,971|148,754|363,067
573,000|363,067
938,725| |Current
liabilities||(18,118)|(526)||(18,644)| |Long term liabilities|||||| |TOTAL FUNDS||198,853|148,228|936,067|1,283148| |Fund balances|at||||| |30September 2021
are represented
by:||287,591|266,845|1,058,966|1,613,402| ## |12|MOVEMENT IN FUNDS||||||||| |---|---|---|---|---|---|---|---|---|---| ||||||At 1||||At 30| ||2023||||October|Incoming|Resources||September| ||||||2022f|Resources
f|Expended
f|Transfers
f|2023
f| ||Restricted funds:||||||||| ||Reserves - Fusema||||20,000||||20,000| ||Replication - Bristol||||6,'755||||6,755| ||Individual
donor - Replication|- London|||3,000||||3,000| ||Eleanor Rathbone
Charitable|Trust|||3,000||||3,000| ||Worshipful
Company ofInnholders
Kehillah
North London||||439|1,790|||439
1,790| ||Yintners
Foundation|||||5,200|5,200||0| ||||||33,194|6,990|(5,200)||| ||Manchester
Re licatlon||||||||| ||Manchester
Salary||||||||| ||Mike Christian - Manchester|replication|||2,509|(3,000)||491|| ||Joe &Rosa Frenkel CT -Manchester|||replicatio||5,000|||5,000| ||Estate ofBen Judah - Manchester||replication||100,000||||100,000| ||Individual
donor - Replication|- Manchester|||7,525|(10,000)||2,475|| ||Broome Family Charitable
Trust
Total Manchester
Replication||||5,000
115,034|5,000
(3,000)|-|2,966|10,000
115,000| ||||||148,228|3,990|(5,200)|2,966|149,984| ||Unrestricted
funds||||||||| ||General fund||||198,853|261,521|(575,993)|79,210|(36,409)| ||Designated
funds - Fixed assets||||383,0B7|||(12,176)|350,891| ||Designated
funds - Operating|reserve|||340,000|||{70,000)|270,000| ||Designated
funds - Replication
reserve||||233,000||||233,000| ||||||1,134,920|261,521|(575,993)|(2,966)|817,482| ||TOTAL FUROB AT 30SEPTEMBER2023||||1,203,148|285,511|~581,193||967466| ||TOTAL FUNDS AT 30SEPTEMBER2022||||1,613,402|349,994|880,248|0|1,283,148|