2023-03-31-accounts

for the Year Ended31March 2023
				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	174,960	221,421	396,381	253,667
Charitable activities
Grants	2	26,806		26,806	26,123
Investment income		48		48	28
Other income	2	39		39	301
Total		201,853	221,421	423,274	280,119
EXPENDITURE ON
Raising funds	3	41,210		41,210	14,512
Charitable activities	4
Wagesandsalaries		57,717	98,889	156,606	138,385
Rent and rates		2,244	9,000	11,244	10,354
Insurance		5,845		5,845	5,191
Repairsandrenewals		1,830	3,081	4,911	2,955
Light and Heat		2,229		2,229	3,679
Sundries		204		204
Club activities and projects		472	7,902	8,374	12,272
Staff training		1,910	1,446	3,356	2,039
Depreciation		636		636	211
Pension contributions		3,757		3,757	4,030
Telephone, IT & Computer		2,056		2,056	1,801
Printing, postage and stationery		182	110	292	776
Motor expenses		1,054	8,471	9,525	7,255
Bank charges		255		255	297
Ripley costs		486	5,468	5,954	10,844
Accountancy		1,980		1,980	1,980
Professional fees and consultancy		3,287	300	3,587	16,930
Subscriptions		4,680		4,680	2,534
Temporary/specialist staff		2,876	5,009	7,885	11,414
Total		134,910	139,676	274,586	247,459
NET INCOME	5	66,943	81,745	148,688	32,660
RECONCILIATION OF FUNDS
Total funds brought forward		163,482	30,310	193,792	161,132
TOTAL FUNDS CARRIED FORWARD		230,425	112,055	342,480	193,792

Balance Sheet 31March 2023
				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	9				637
CURRENT ASSETS
Debtors	10	4,213		4,213	2,450
Prepaymentsandaccrued income		689	2,009	2,698	2,368
Cashat bankandinhand		238,381	110,046	348,427	210,793
		243,283	112,055	355,338	215,611
CREDITORS
Amounts falling due within one year	11	(12,858)		(12,858)	(22,456)
NET CURRENT ASSETS		230,425	112,055	342,480	193,155
TOTAL ASSETS LESS CURRENT	LIABILITIES	230,425	112,055	342,480	193,792
NET ASSETS		230,425	112,055	342,480	193,792
FUNDS	13
Unrestricted funds				230,425	163,482
Restricted funds				112,055	30,310
TOTAL FUNDS				342,480	193,792

INCOME
	Unrestricted	Restricted	2023	Unrestricted	Restricted	2022
	funds	funds	Total funds	funds	funds	Total funds
	£	£	£	£	£	£
Donations and legacies
Donations	174,960		174,960	90,761		90,761
Grants		221,421	221,421		162,906	162,906
	174,960	221,421	396,381	90,761	162,906	253,667
Income from Charitable	Activities
Grants	19,609		19,609	26,123		26,123
Programmes	7,197		7,197
	26,806		26,806	26,123		26,123
Other Income	39		39	301		301

3.	RAISING FUNDS
	Raising donationsandlegacies
			2023	2022
			£	£
	Staff costs		41,210	14,512
4.	CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs	costs	Totals
		£	£	£
	Wages and salaries	156,606		156,606
	Rent and rates	11,244		11,244
	Insurance	5,845		5,845
	Repairs and renewals	4,911		4,911
	Light and Heat	2,229		2,229
	Sundries	204		204
	Club activities and projects	8,374		8,374
	Staff training	3,356		3,356
	Depreciation		636	636
	Pension contributions	3,757		3,757
	Telephone, IT & Computer	2,056		2,056
	Printing, postage and stationery	292		292
	Motor expenses	9,525		9,525
	Bank charges		255	255
	Ripley costs	5,954		5,954
	Accountancy		1,980	1,980
	Professional fees and consultancy		3,587	3,587
	Subscriptions	4,680		4,680
	Temporary/specialist staff	7,885		7,885
		226,918	6,458	233,376
5.	NET INCOME/(EXPENDITURE)
	Net income/( expenditure)isstated after charging/( crediting):
			2023	2022
			£	£
	Depreciation - owned assets		636	211
	Other operating leases		11,244	10,354
	Surplus on disposaloffixed assets		(39)	(301)
	Independent examiner fees for independent examination (exclusive	of VAT)	1,650	1,650
	Operating leases		17,865	15,659

7.	STAFF COSTS
			2023	2022
			£	£
	Wages and salaries		184,940	144,802
	Social security costs		11,923	8,095
	Other pension costs		4,710	4,030
			201,573	156,927
	The average monthly number of employees during the year was as follows:
			2023	2022
	Employees		7	6
	No employees received emolumentsinexcess of £60,000.
8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
		£	£	£
	INCOME AND ENDOWMENTS FROM
	Donations and legacies	90,761	162,906	253,667
	Charitable activities
	Grants	26,123		26,123
	Investment income	28		28
	Other income	301		301
	Total	117,213	162,906	280,119
	EXPENDITUREON
	Raising funds	14,512		14,512
	Charitable activities
	Wages and salaries	29,775	108,610	138,385
	Rent and rates	4,354	6,000	10,354
	Insurance	5,191		5,191
	Repairs and renewals	216	2,739	2,955
	Light and Heat	1,679	2,000	3,679
	Club activities and projects	1,078	11,194	12,272
	Staff training	1,039	1,000	2,039
	Depreciation	211		211
	Pension contributions	1,537	2,493	4,030
	Telephone, IT & Computer	801	1,000	1,801
	Printing, postage and stationery	676	100	776
	Motor expenses	317	6,938	7,255
	Bank charges	297		297
	Ripley costs	335	10,509	10,844
	Accountancy	1,980		1,980
	Professional fees and consultancy	16,930		16,930
	Subscriptions	2,534		2,534
	Temporary/specialist staff	2,414	9,000	11,414
	Total	85,876	161,583	247,459
	NET INCOME	31,337	1,323	32,660
	RECONCILIATION OF FUNDS
	Total funds brought forward	132,145	28,987	161,132
	TOTAL FUNDS CARRIED FORWARD	163,482	30,310	193,792

9.	TANGIBLE FIXED ASSETS
				Fixtures
		Freehold	Plant and	and
		property	machinery	fittings	Totals
		£	£	£	£
	COST
	At 1 April 2022	1	1,774	9,990	11,765
	Disposals	~)	(1,774)	(9,990)	(11,765)
	At31March 2023
	DEPRECIATION
	At 1 April 2022		1,354	9,774	11,128
	Charge for year		420	216	636
	Eliminated on disposal		(1,774)	(9,990)	(11,764)
	At31March 2023
	NET BOOK VALUE
	At31March 2023
	At31March 2022		420	216	637
10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2023	2022
				£	£
	Trade debtors			4,213	2,450
					=
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2023	2022
				£	£
	Trade creditors			2,210	11,400
	Social security and other taxes			5,048	3,181
	Other creditors (Charge Card)			2,433	3,080
	Accrued expenses			3,167	4,795
				12,858	22,456

	2023	2022
	£	£
Within one year	6,790	6,790
Between one and five years	14,710	21,500
	21,500	28,290

MOVEMENTINFUNDS
		Net
		movement	At
	At 1.4.22	infunds	31.3.23
	£	£	£
Unrestricted funds
General fund	163,482	66,943	230,425
Restricted funds
The Funding Network	17,864	(16,447)	1,417
John Lyon's Charity	5,417	26,300	31,717
Jack Petchey Foundation	850	58	908
St Giles & St George Education Charity	1,376	(1,376)
CityofWestminster Charitable Trust	577	7,756	8,333
Kusuma Trust	4,226	(4,226)
Westminster Amalgamated Charity		1,333	1,333
Grosvenor and the Westminster Foundation		17,496	17,496
The Mahoro Charitable Trust		19,077	19,077
London Community Foundation		11,898	11,898
The Sheldon Trust		1,278	1,278
Young Westminster Foundation		5,758	5,758
Jack Petchey Foundation (Internship)		12,840	12,840
	30,310	81,745	112,055
TOTAL FUNDS	193,792	148,688	342,480
Net movementinfunds, includedinthe above are as follows:
	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestricted funds
General fund	201,853	(134,910)	66,943
Restricted funds
The Funding Network		(16,447)	(16,447)
John Lyon's Charity	42,300	(16,000)	26,300
Jack Petchey Foundation	900	(842)	58
St Giles & St George Education Charity		(1,376)	(1,376)
CityofWestminster Charitable Trust	20,000	(12,244)	7,756
City Bridge Trust	50,000	(50,000)
Kusuma Trust		(4,226)	(4,226)
Westminster Amalgamated Charity	8,000	(6,667)	1,333
Disability Sports Coach	1,962	(1,962)
Grosvenor and the Westminster Foundation	20,000	(2,504)	17,496
Westminster City Council	3,144	(3,144)
London Sport	4,018	(4,018)
The Mahoro Charitable Trust	30,000	(10,923)	19,077
London Community Foundation	15,000	(3,102)	11,898
The Sheldon Trust	1,278		1,278
Westminster Foundation	2,000	(2,000)
Young Westminster Foundation	9,979	(4,221)	5,758
Jack Petchey Foundation (Internship)	12,840		12,840
	221,421	(139,676)	81,745
TOTAL FUNDS	423,274	(274,586)	148,688

Comparatives for movementinfunds
		Net
		movement	At
	At 1.4.21	infunds	31.3.22
	£	£	£
Unrestricted funds
General fund	132,145	31,337	163,482
Restricted funds
The Funding Network		17,864	17,864
John Lyon's Charity	578	4,839	5,417
Jack Petchey Foundation	750	100	850
St Giles & St George Education Charity(Independence Programme)	1,348	28	1,376
Michael Watson	314	(314)
CityofWestminster Charitable Trust		577	577
St Giles & St George Education Charity(LCRFGrant)	2,256	(2,256)
City Bridge Trust	7,214	(7,214)
Sir Jules Thorn Charitable Trust	385	(385)
Young Westminster Foundation (Easter Activities)	530	(530)
Young Westminster Foundation (Employment Support)	10,000	(10,000)
Garfield Weston Foundation	5,612	(5,612)
Kusuma Trust		4,226	4,226
	28,987	1,323	30,310
TOTAL FUNDS	161,132	32,660	193,792
Comparative net movementinfunds, includedinthe above are	as follows:
	Incoming	Resources	Movement
	resources	expended	infunds
	£	£	£
Unrestricted funds
General fund	117,213	(85,876)	31,337
Restricted funds
The Funding Network	17,864		17,864
John Lyon's Charity	32,500	(27,661)	4,839
Jack Petchey Foundation	850	(750)	100
St Giles & St George Education Charity(Independence Programme)	8,254	(8,226)	28
Michael Watson		(314)	(314)
City of Westminster Charitable Trust	20,000	(19,423)	577
St Giles & St George Education Charity(LCRFGrant)		(2,256)	(2,256)
City Bridge Trust	37,500	(44,714)	(7,214)
Ragdoll Foundation	132	(132)
Jack Petchey Foundation (Covid Recovery Grant)	14,960	(14,960)
Sir Jules Thorn Charitable Trust		(385)	(385)
Young Westminster Foundation (Easter Activities)		(530)	(530)
Young Westminster Foundation (Employment Support)		(10,000)	(10,000)
Garfield Weston Foundation		(5,612)	(5,612)
Kusuma Trust	12,706	(8,480)	4,226
Kings College London	5,000	(5,000)
Imperial College London	500	(500)
Hobson Charity	640	(640)
DfE and Westminster City Council	12,000	(12,000)
	162,906	(161,583)	1,323
TOTAL FUNDS	280,119	(247,459)	32,660