**REGISTERED COMPANY NUMBER: 03859428 (England and Wales) REGISTERED CHARITY NUMBER: 1089672**
Trustees' Report and
Financial Statements
for the Year Ended 31 March 2021
for
Rights And Equalities In Newham (Rein) (A Company Limited by Guarantee)
Tridan Business Concepts Limited Suite 306, Regus House Victory Way Admirals Park Dartford Kent DA2 6QD
Rights And Equalities In Newham (Rein)
Contents of the Financial Statements for the Year Ended 31 March 2021
||Page|
|---|---|
|Reference and Administrative Details|1|
|Report of the Accountants|2|
|Trustees' Report|3 to 8|
|Independent Examiner's Report|9 to 10|
|Statement of Financial Activities|11|
|Statement of Financial Position|12 to 13|
|Notes to the Financial Statements|14 to 24|
|Detailed Statement of Financial Activities|25 to 27|
Rights And Equalities In Newham (Rein) Reference and Administrative Details for the Year Ended 31 March 2021
**TRUSTEES** Revd Dr C Chike Chairman S S Jandu MBE Treasurer Ms V Brown G Eze Ms L E Malcolm Mrs Y A Olojo Ms P Rene Mrs A Shillingford Miss V Fountaine **COMPANY SECRETARY** P Leslie **REGISTERED OFFICE** 478 Barking Road Plaistow London E13 8QB **REGISTERED COMPANY** 03859428 (England and Wales) **NUMBER REGISTERED CHARITY** 1089672 **NUMBER INDEPENDENT EXAMINER** Tridan Business Concepts Limited Suite 306, Regus House Victory Way Admirals Park Dartford Kent DA2 6QD **BANKERS** HSBC Bank Plc 118 High Street North London E6 2HX **SOLICITORS** Edell Jones & Lessers 1 Ron Leighton Way East Ham London E6 1JA
Page 1
Rights And Equalities In Newham (Rein)
## Report of the Accountants for the Year Ended 31 March 2021
You consider that the organisation is exempt from an audit for the year ended 31 March 2020. You have acknowledged on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the charitable company at the end of the financial year and of its surplus or deficit for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Statement of Financial Activities, the Balance Sheet and the related notes from the accounting records of the charitable company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
I Owarish & Co Accountants Ltd Gresham House 24 Holborn Viaduct London EC1A 2BN
Date: 26 September 2021
Page 2
Rights And Equalities In Newham (Rein) (Registered number: 03859428)
Trustees' Report for the Year Ended 31 March 2021
Report of the Trustees for the Year ended 31st March 2021
The Trustees and directors of the charity for the purposes of the Companies Act.2006 present their annual report and the unaudited financial statements for the year ended 31st March 2021..
## **OBJECTIVES AND ACTIVITIES**
## **Aims and Purposes**
Rights and Equalities in Newham (REIN) was first established as a charity in 1975, with the aim to: � eliminate racial discrimination and promote equalit� of opportunit�, justice and good relations between persons of different racial groups.
Our charit��s purposes are as detailed in ou r memorandum and articles:
� To promote equalit� of opportunit� and good relations bet�een persons of different racial groups in the London borough of Newham
� To promote the emplo�ment prospects, education, training and skills of local people, particularl y the young and those at a disadvantage and to promote equality of opportunity �To promote the improvement of communit� safet�.
## **Objectives and Activities:**
We have remained focused on working collaboratively with local people, key partners and stakeholders, to create a more equal society, through challenging racism, inequality and disproportionately and developing new and exciting projects for young people and the wider community.
Lockdown has a massive impact on both our income and our services, we had to learn new ways to work with young people and adults, especially the most isolated and vulnerable, we increased our use of social media and supported young people and adults to bridge the digital divide, through providing access to mobile phones and the use of wifi in our buildings; we also worked with partners to provide hot food for Caribbean elders, who's cultural dietary needs were not being met.
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Rights And Equalities In Newham (Rein) (Registered number: 03859428)
Trustees' Report for the Year Ended 31 March 2021
## **OBJECTIVES AND ACTIVITIES Achievements and Performance**
## **How our activities deliver public benefits:**
Our services, buildings and core activities saw a reduction in face-face activity and engagement, however we delivered more virtual sessions across the year than in our entire organisational history, making contact with 1500 children, young people and adults in virtual and outdoor community settings.
## **Youth Programme:**
We delivered 209 youth work sessions and worked with over 450 different young people aged 9 - 21 years old, delivered mostly through detached, 1-1 and virtual sessions.
We were able to secure funding mainly related to Covid recovery, through submission of a number of funding bids, which enabled a range of youth work projects to be created and delivered: Our youth programmes, although heavily impacted by Covid, operates on three evenings a week and on Saturdays. the range of projects delivered included:
## **Limited Open Access and virtual Youth Provision**
Both targeted and universal services, included outreach and detached youth work delivered over 3 evenings a week, music workshops, weekly music production, awareness raising workshops, 1-1 support sessions and workshop on employability and routes to employment core activities.
## **Virtual Pan-African Saturday education project**
We developed a weekly Saturday education programme, focusing on Black history and achievements, facilitated by volunteers, with the aim of providing a balanced, well rounded and inclusive perspective for Black young people.
## **Sport, Health and Wellbeing**
We encouraged young people to engage in fitness training on a regular basis, through walking in local parks, we delivered individual fitness sessions on Zoom and offered young people 1-1 support to reduce isolation and improve mental health through discourse.
## **Raising Awareness Programme**
We developed our detached and outreach work to target young people at risk of serious violence, our activities were restricted across the year, however we were able to offer mentoring and small group work activities with young adults, to reduce their risk of gang activity or involvement in serious youth violence.
## **Detached and Outreach Work**
Our key method of youth engagement throughout the lockdown was detached/outreach work, we offered support to young people in the spaces where they chose to be, building based provision took place when young people chose to return with staff to continue the discussion or activity. We found this method of youth engagement to be essential in identifying young people most at risk on the streets in Newham.
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Rights And Equalities In Newham (Rein) (Registered number: 03859428)
Trustees' Report for the Year Ended 31 March 2021
## **OBJECTIVES AND ACTIVITIES**
## **Community**
Our community work is a key component of our work with diverse communities across Newham, we had to change our delivery model, using more virtual methods of engagement across the year,. We worked with partners, including Conflict and Change, Wipers and ACFC to create and deliver a range of themed Community Conversations, aimed at providing a safe platform for adults and young people to discuss issues of importance and concern; some of the topics were: serious youth violence, mental health, isolation and healthy eating, healthy living.
We have a dedicated community space which saw a decline in usage from community and faith groups. We worked with partners to develop and deliver a cultural food project, aimed at African and Caribbean elders, providing hot food to local people and helping to maintain contact with older people who may be isolated.
## Partnerships and Stakeholders
Our work wouldn't be possible if we didn't work collaboratively with a range of partners and stakeholders to deliver projects and programmes across the year. Trustees would like to thank our partners and stakeholders for all their support and collaboration, including East London Business Alliance, London Borough of Newham, Wipers Youth, PSBL, St Bonaventure's, Lister, Rokeby, Sarah Bonnell and Cumberland schools, Met Police, MOPAC, AAA and Academy Achievers.
## Volunteers
REIN has a dedicated team of volunteers without whose support our services could not be delivered effectively. Trustees recognise and value the contribution that volunteers have brought to Rein especially during a very challenging year.
## **FINANCIAL REVIEW**
## **Financial position**
The statement of Financial Activities shows a net surplus for the year of £62,305 and the net assets stand at £435,106 in total.
## **Principal funding sources**
Our youth work funding is secured from the London Borough of Newham, partnership bidding to funding sources, such as MOPAC and the VRU, our other funds are secured from the hire of our community and office space which is used for community benefit.
## **INVESTMENT POLICY AND OBJECTIVES**
REIN does not have an investment policy, this is due to the limited funding received by the charity, all income is expended on front line services, there are no funds are remaining to be invested; trustees will review the need for an investment policy next year.
## **Reserves policy**
## Reserves policy
It is REIN�s polic� to hold in reserve an unrestricted fund equivalent to three months operating costs, we aim to add £6,230, 10% of our annual unrestricted expenditure to this fund, through prudent and robust financial management we have achieved this aim and built an appropriate level of reserve during the last financial year.
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Rights And Equalities In Newham (Rein) (Registered number: 03859428)
Trustees' Report for the Year Ended 31 March 2021
## **FINANCIAL REVIEW**
## **GOING CONCERN**
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
## **Risk Management:**
Financial management risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to our services.
## **PLANS FOR FUTURE PERIODS**
We are committed to developing projects and activities that help promote equality, diversity and inclusion, that increase awareness of Serious Youth Violence (SYV) and challenge inequality and disproportionality.
In future years, REIN will focus on increasing the use of our buildings to deliver sustainable projects of a high quality and standard, further embedding our services into the fabric of the local community, ensuring we are regarded as an essential community resource.
We will aim to work with partners to deliver projects and activities in neighbouring boroughs.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Rights and Equalities in Newham (REIN)
REIN is an Incorporated Charity registered with Companies House and The Charity Commission
Trustees are committed to ensuring equalities are championed across Newham, we maintain a strategic overvie� of REIN�s priorities �hich are brought to Trustee meetings b� the Chief E�ecutive. We are vocal about ensuring that REIN remains true to our vision, mission and values and what strategic priorities REIN should lead on in future years.
The appointment of Trustees is detailed in our memorandum and articles of association. Trustees form the management committee, whose members are drawn from the public who express an interest in equality and community issues, members are formally elected at annual general meetings. There are 8 trustees, who met six times in the year with 70% average attendance.
Trustees remain responsible for the strategic and financial direction of the charity, based on information provided by the chief executive, who is mandated to lead the organisation on a day-day basis.
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Rights And Equalities In Newham (Rein) (Registered number: 03859428)
## Trustees' Report for the Year Ended 31 March 2021
## **STRUCTURE; GOVERNANCE AND MANAGEMENT**
Trustees �ork �ith the Chief e�ecutive, to ensure REIN�s purposes remain at the forefront of all our activities and services and underpins our work with young people and adults in Newham. Trustees are also responsible for the activities delivered from our two buildings, we have two main sites of delivery, our oldest building located on the barking road and usually the first point of contact for adults and community partners and our dedicated youth and community centre, the Mix, located on Cumberland Road, most of our youth provision and wider community activity takes place in this Mix.
We are committed to ensuring equalities are championed across Newham, trustees maintain a strategic overview of equalities issues which are brought to trustee meetings and hel p inform REIN�s focus of work, Trustees are vocal about our priority areas and what route REIN should take to lead in the areas of equalities in Newham.
Rights and Equalities in Newham (REIN) is based in Plaistow, in the London Borough of Newham, our registered address is 478 Barking Road, E13 8QB.
REIN is a registered charitable organisation and a company limited by guarantee.
Trustees who have served from the 1st April 2020 until 31st March 2021 are:
Rev Dr Chigor Chike Chairman Mr Surrinder Jandu Treasurer Mrs (Wendy) Y.A Olojo Mrs Anna Shillingford Mrs Lena Malcolm Ms Valerie Brown Ms Valley Fontaine Ms Pamela Rene - Vice Chair
Management Team: Mr P Leslie Chief Executive Officer Ms C Chance Finance and Admin officer Ms S Sturgeon Human Resources
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ...26 October 2021...................... and signed on its behalf by:
.
Rev Dr C Chike - Chairman
Page 7
## Rights And Equalities In Newham (Rein) (Registered number: 03859428)
## Trustees' Report
## for the Year Ended 31 March 2021
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Rights and Equalities in Newham (REIN) is based in Plaistow, in the London Borough of Newham, our registered address is 478 Barking Road, E13 8QB. 26 October 2021 and signed on its behalf by:
Revd Dr C Chike - Trustee
Page 8
Independent Examiner's Report to the Trustees of Rights And Equalities In Newham (Rein)
## **Independent examiner's report to the trustees of Rights And Equalities In Newham (Rein) ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
## **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.
Page 9
Independent Examiner's Report to the Trustees of Rights And Equalities In Newham (Rein)
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
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.
Dotun Olaleye ACCA Tridan Business Concepts Limited Suite 306, Regus House Victory Way Admirals Park Dartford Kent DA2 6QD
26 October 2021
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Rights And Equalities In Newham (Rein)
## Statement of Financial Activities
## (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2021
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
4
REIN Unrestricted
75,996
PSBL
-
LB Newham
-
Other trading activities
2
19,301
Investment income
3
34,892
**Total**
130,189
**EXPENDITURE ON**
Raising funds
5
19,338
**Charitable activities**
6
REIN Unrestricted
35,958
PSBL
-
LB Newham
-
Other
12,588
**Total**
67,884
**NET INCOME**
62,305
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
372,801
**TOTAL FUNDS CARRIED FORWARD**
435,106|Restricted
funds
£
-
86,682
96,216
-
-
182,898
121,033
-
45,749
9,116
7,000
182,898
-
-
-|31.3.21
Total
funds
£
75,996
86,682
96,216
19,301
34,892
313,087
140,371
35,958
45,749
9,116
19,588
250,782
62,305
372,801
435,106|31.3.20
Total
funds
£
38,727
89,144
74,918
-
52,336
255,125
128,794
29,865
31,710
34,824
21,818
247,011
8,114
364,687
372,801|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 11
## Rights And Equalities In Newham (Rein) (Registered number: 03859428)
## Statement of Financial Position 31 March 2021
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
13
249,031
**CURRENT ASSETS**
Debtors: amounts falling due within one
year
14
13,472
Cash at bank and in hand
15
202,365
215,837
**NET CURRENT ASSETS**
215,837
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
464,868
**CREDITORS**
Amounts falling due after more than one
year
16
(29,762)
**NET ASSETS**
435,106
**FUNDS**
18
Unrestricted funds:
General fund
Unrestricted Funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
-
-
-
-
-
-|31.3.21
Total
funds
£
249,031
13,472
202,365
215,837
215,837
464,868
(29,762)
435,106
367,018
68,088
435,106
435,106|31.3.20
Total
funds
£
254,814
26,430
139,604
166,034
166,034
420,848
(48,047)
372,801
364,687
8,114
372,801
372,801|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
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continued...
## Rights And Equalities In Newham (Rein) (Registered number: 03859428)
## Statement of Financial Position - continued 31 March 2021
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.
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 26 October 2021 and were signed on its behalf by:
C Chike - Trustee
S S Jandu - Trustee
The notes form part of these financial statements
Page 13
Rights And Equalities In Newham (Rein)
Notes to the Financial Statements for the Year Ended 31 March 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
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.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **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 recognized 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 th use of resources.
## FIXED ASSETS AND DEPRECIATION
Fixed assets are capitalized on acquisition and depreciated to rates calculated to write off the cost as follows:
Fixtures and fittings 25% Reducing Balance Method Computer and Office Equipment 25% Reducing Balance Method Freehold Premises 2% Reducing Balance Method
## RESTRICTED FUNDS
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs
## UNRESTRICTED FUNDS
Unrestricted Funds are donations and other income received or generated for the objects of the organization without further specified purposes and are available for general funds
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Rights And Equalities In Newham (Rein)
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **1. ACCOUNTING POLICIES - continued**
## **Expenditure**
## INCOMING RESOURCES
Revenue grants are credited on the earlier date of when they are received or when they are receivable , unless they relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognized in the future accounting period
Grants received for specific purposes are accounted for as restricted funds in the Statement of financial Activities consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **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.
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continued...
Rights And Equalities In Newham (Rein)
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
|**2.**
**OTHER TRADING ACTIVITIES**
HMRC CJRS - Rein
**3.**
**INVESTMENT INCOME**
Rents received
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Charities activities
REIN Unrestricted
Grants
REIN Unrestricted
St Mary's University -
Rein
REIN Unrestricted
Summer Funding - Rein REIN Unrestricted
Black History - Rein
REIN Unrestricted
ELBA - Rein
REIN Unrestricted
Grant Funding - PSBL
PSBL
LB Newham
LB Newham
Grants received, included in the above, are as follows:||
|---|---|
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continued...
Rights And Equalities In Newham (Rein)
## Notes to the Financial Statements - continued
## for the Year Ended 31 March 2021
## **5. RAISING FUNDS**
## **Other trading activities**
|Staff costs
Interest payable and similar charges
**Investment management costs**
Property repairs
Aggregate amounts|31.3.21
£
121,033
19,338
140,371
31.3.21
£
-
140,371|31.3.20
£
99,929
19,324
119,253
31.3.20
£
9,541
128,794|
|---|---|---|
## **6. CHARITABLE ACTIVITIES COSTS**
|REIN Unrestricted
PSBL
LB Newham|Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
7)
note 8)
£
£
£
26,144
-
9,814
6,032
5,400
34,317
8,717
-
399
40,893
5,400
44,530|Totals
£
35,958
45,749
9,116
90,823|
|---|---|---|
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Rights And Equalities In Newham (Rein)
## Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **7. GRANTS PAYABLE**
|**GRANTS PAYABLE**|||
|---|---|---|
||31.3.21|31.3.20|
||£|£|
|PSBL|5,400|-|
## **8. SUPPORT COSTS**
|REIN Unrestricted
PSBL
LB Newham
REIN Unrestricted
PSBL
LB Newham|Management
£
1,338
2,851
399
4,588
Other
Other 2
£
£
157
3,593
4,334
-
-
-
4,491
3,593|Information
Human
Finance
technology
resources
£
£
£
177
1,399
864
-
2,344
9,906
-
-
-
177
3,743
10,770
Governance
Other 3
costs
Totals
£
£
£
-
2,286
9,814
14,882
-
34,317
-
-
399
14,882
2,286
44,530|
|---|---|---|
## **9. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.3.21|31.3.20|
|---|---|---|
||£|£|
|Depreciation - owned assets|5,783|5,784|
|Other operating leases|4,334|-|
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Rights And Equalities In Newham (Rein)
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **11. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|31.3.21
£
121,033
17,652
2,910
141,595|31.3.20
£
99,929
19,163
5,882
124,974|
|---|---|---|
The average monthly number of employees during the year was as follows:
|Manager
Administrative Officer
Plaistow South Big Local Manager
Plaistow South Big Local Salaried Staff
Youth Project Workers|31.3.21
1
1
1
3
13
19|31.3.20
1
1
1
3
8
14|
|---|---|---|
No employees received emoluments in excess of £60,000.
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 31.03.2019**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
REIN Unrestricted
38,727
PSBL
-
LB Newham
-
Investment income
52,336
**Total**
91,063|Restricted
funds
£
-
89,144
74,918
-
164,062|Total
funds
£
38,727
89,144
74,918
52,336
255,125|
|---|---|---|
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Rights And Equalities In Newham (Rein)
## Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 31.03.2019 - continued**
|**EXPENDITURE ON**
Raising funds
**Charitable activities**
REIN Unrestricted
PSBL
LB Newham
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2020 and 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Freehold
property
£
366,947
112,502
5,414
117,916
249,031
254,445|Unrestricted
funds
£
52,336
29,865
-
-
748
82,949
8,114
364,687
372,801
Fixtures
and
fittings
£
14,214
14,183
31
14,214
-
31|
Restricted
funds
£
76,458
-
31,710
34,824
21,070
164,062
-
-
-
Computer
equipment
£
18,102
17,764
338
18,102
-
338|Total
funds
£
128,794
29,865
31,710
34,824
21,818
247,011
8,114
364,687
372,801
Totals
£
399,263
144,449
5,783
150,232
249,031
254,814|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
Page 20
continued...
Rights And Equalities In Newham (Rein)
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
|**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.21
£
Amounts recoverable on contract
13,472
**15.**
**CASH AT BANK AND IN HAND**
31.3.21
General
Unrestricted
Total
fund
Funds
funds
£
£
£
Cash in hand
-
-
-
Cash at Bank
73,855
68,088
141,943
Community Account
10,160
-
10,160
Petty Cash
-
-
-
Bank deposit account
50,262
-
50,262
Total
134,277
68,088
202,365
**16.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
31.3.21
£
Bank loans (see note 17)
29,762
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
31.3.21
£
Amounts falling due between two and five years:
HSBC Mortgage Account
29,762||
|---|---|
|||
Page 21
continued...
Rights And Equalities In Newham (Rein)
## Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **18. MOVEMENT IN FUNDS**
|At 1.4.20
£
**Unrestricted funds**
General fund
372,801
Unrestricted Funds
-
372,801
**TOTAL FUNDS**
372,801
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
-
Unrestricted Funds
130,189
130,189
**Restricted funds**
PSBL
86,682
LBN Grant
96,216
182,898
**TOTAL FUNDS**
313,087
**Comparatives for movement in funds**
At 1.4.19
£
**Unrestricted funds**
General fund
364,687
Unrestricted Funds
-
364,687
**TOTAL FUNDS**
364,687|Net
movement
in funds
£
(5,783)
68,088
62,305
62,305
Resources
expended
£
(5,783)
(62,101)
(67,884)
(86,682)
(96,216)
(182,898)
(250,782)
Net
movement
in funds
£
-
8,114
8,114
8,114|At
31.3.21
£
367,018
68,088
435,106
435,106
Movement
in funds
£
(5,783)
68,088
62,305
-
-
-
62,305
At
31.3.20
£
364,687
8,114
372,801
372,801|
|---|---|---|
Page 22
continued...
Rights And Equalities In Newham (Rein)
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Unrestricted Funds
**Restricted funds**
PSBL
LBN Grant
**TOTAL FUNDS**|Incoming
resources
£
91,063
89,144
74,918
164,062
255,125|Resources
expended
£
(82,949)
(89,144)
(74,918)
(164,062)
(247,011)|Movement
in funds
£
8,114
-
-
-
8,114|
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Unrestricted Funds
**TOTAL FUNDS**|At 1.4.19
£
364,687
-
364,687
364,687|Net
movement
in funds
£
(5,783)
76,202
70,419
70,419|At
31.3.21
£
358,904
76,202|
|---|---|---|---|
||||435,106|
||||435,106|
Page 23
continued...
Rights And Equalities In Newham (Rein) Notes to the Financial Statements - continued for the Year Ended 31 March 2021
## **18. 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
Unrestricted Funds
**Restricted funds**
PSBL
LBN Grant
**TOTAL FUNDS**|Incoming
resources
£
-
221,252
221,252
175,826
171,134
346,960
568,212|Resources
expended
£
(5,783)
(145,050)
(150,833)
(175,826)
(171,134)
(346,960)
(497,793)|Movement
in funds
£
(5,783)
76,202
70,419
-
-
-
70,419|
|---|---|---|---|
## **19. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2021.
Page 24
Rights And Equalities In Newham (Rein)
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
|**INCOME AND ENDOWMENTS**
**Other trading activities**
HMRC CJRS - Rein
**Investment income**
Rents received
**Charitable activities**
Charities activities
LB Newham
Grant Funding - PSBL
Grants
St Mary's University - Rein
Summer Funding - Rein
Black History - Rein
ELBA - Rein
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Wages
Bank interest
**Investment management costs**
Property repairs
**Charitable activities**
Social security
Rates and water
Insurance
Light and heat
Telephone
Carried forward|31.3.21
£
19,301
34,892
4,800
96,216
86,682
4,760
1,740
10,582
1,200
52,914
258,894
313,087
121,033
19,338
140,371
-
17,652
3,686
3,890
6,508
458
32,194|31.3.20
£
-
52,336
-
74,918
89,144
38,727
-
-
-
-
202,789
255,125
99,929
19,324
119,253
9,541
19,163
3,629
4,778
5,889
1,077
34,536|
|---|---|---|
This page does not form part of the statutory financial statements
Page 25
Rights And Equalities In Newham (Rein)
## Detailed Statement of Financial Activities for the Year Ended 31 March 2021
|**Charitable activities**
Brought forward
Postage and stationery
Programme Expenses
Programme Activities
Grants to institutions
**Other**
Building Security
Waste Disposal
Consultants
IT Maintenance
Depreciation
Catering
**Support costs**
**Management**
Pensions
Telephone
Postage and stationery
Bin Collection
**Finance**
Bank charges
**Information technology**
Telephone
Domain Subscription
Water
Printing
**Human resources**
HR Support|31.3.21
£
32,194
766
3,897
4,036
5,400
46,293
1,668
-
7,400
4,737
5,783
-
19,588
2,910
657
670
351
4,588
177
-
177
247
3,319
3,743
10,770|31.3.20
£
34,536
313
2,440
-
-
37,289
3,937
414
15,000
1,723
-
744
21,818
5,882
-
-
-
5,882
184
553
-
1,024
3,160
4,737
3,549|
|---|---|---|
This page does not form part of the statutory financial statements
Page 26
Rights And Equalities In Newham (Rein)
## Detailed Statement of Financial Activities for the Year Ended 31 March 2021
|**Human resources**
**Other**
Other operating leases
TV Licence
**Other 2**
Building Cleaning
**Other 3**
Program Activities
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|31.3.21
£
4,334
157
4,491
3,593
14,882
2,286
250,782
62,305|31.3.20
£
-
-
-
1,274
39,598
3,886
247,011
8,114|
|---|---|---|
This page does not form part of the statutory financial statements
Page 27