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2022-08-31-accounts

Company Registration No. 4238295 (England & Wales) Charity Registration No. 1091077

The 999 Club and Lady Florence Trust

Trustees’ report and financial statements For the year ended 31 August 2022

The 999 Club and Lady Florence Trust

Contents

Page
Charity information 1
Report of the trustees 2
Independent auditors’ report 10
Consolidated statement of financial activities 14
Balance sheets 15
Consolidated cash flow statement 16
Notes to the financial statements 17

The 999 Club and Lady Florence Trust

Reference and administrative information For the year ended 31 August 2022

Trustees Gordon McCullough (Chair)
Toju Mayomi (Treasurer)
Dan Burraway
Tim Colman
Julie Greenwood
Mamta Gupta
Arti Modhwadia
Ijay Onyechi
Jo Tanner
Manlio Battaglia Trovato
Secretary Thomas Neumark Jones
Chief Executive Thomas Neumark Jones
Registered office 21 Deptford Broadway
London
SE8 4PA
Company registration number The 999 Club 4238295
Registered charity number The 999 Club 1091077
The Lady Florence Institute 312816
Bankers The 999 Club HSBC Bank Plc
85 Lewisham High Street
London
SE8 4RQ
The Lady Florence Institute Unity Trust Bank
PO Box 782
Orpington
BR6 1EN
Solicitors TV Edwards
35 Mile End Road
London
E1 4TP
Auditors Saffery Champness LLP
71 Queen Victoria Street
London
EC4V 4BE

Page 1

The 999 Club and Lady Florence Trust

Report of the Chair of the Board For the year ended 31 August 2022

I am delighted to share the Trustees’ report and financial statements for the year 1 September 2021 to 31 August 2022, a year dominated by the ending of many of the emergency measures brought about in reaction to the covid19 pandemic.

These changes were a mixed bag for people living in Southeast London. It was heartening to see new partnerships and new ways of working being solidified. These changes meant we did not see the need to reopen our nightshelter. However, we did see pressures resulting from the end of the protections and additional support that had been brought in during the pandemic.

At the 999 Club we have taken a collaborative approach in responding to these pressures. We participated in Lewisham’s “Borough of Culture” activities, are one of twelve signatories to Goldsmith University’s “Civic University Agreement” and are delighted to have hosted a range of charities and services from our base in Deptford.

These services are increasingly designed with the people that access those services. People design our services through a range of mechanisms; from a Client Committee, to surveys, to more informal group and 1:1 conversations. This improves our services and builds the skills and confidence of those who contribute. We will broaden this work in the year ahead.

I would like to thank the Mayor of Lewisham, Damien Egan for choosing the 999 Club to be his charity of the year for the fourth year running, and for all the support he has provided, not least raising vitally needed funds.

I am very grateful all the people, trusts and companies that have supported 999 Club in the past year. Thank you to our funders for your generosity and support during this time. Our work would not be possible without you.

999 Club’s work is made possible by a committed group of over 50 volunteers. This diverse group of people, many of whom have personal experience of homelessness, contribute so much to their local community, helping people to help themselves escape from homelessness. Thank you for your generosity and good humour.

As we look forward to 2023, the 999 Club will launch a new service, The Bridge Café, in partnership with South London and Maudsley NHS Foundation Trust. The service will operate on weekday evenings, weekends and bank holidays, and will offer a safe space and empowering support to people in Lewisham who feel that they cannot cope. The service is both a vote of confidence in 999 Club’s ability to deliver high quality services and an opportunity to support people so that they do not experience homelessness.

This service will compliment and build on our existing services and our ways of working. We have always been a charity that is rooted in a special part of London, one that works with people that are experiencing trying times and one that brings a sense of community and passion to everything we do.

As we look ahead to 2023, I am confident that we will build on these traditions and our strong foundations, increasing our impact in a sustainable manner.

Gordon McCullough Chair of Trustees March 2023

Page 2

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

Our vision

Our vision is that no one will sleep on the streets in Lewisham

Our approach to achieving our vision is to provide a friendly open door for anyone that is sleeping on the streets or at risk of sleeping on the streets so that we can help people to help themselves escape from homelessness.

We believe that sleeping rough in Lewisham should be rare, fleeting and never repeated. We have three missions :

-If you’re at risk of sleeping on the street, we’ll stop it happening

-If you’re sleeping on the street, we’ll help you to quickly find a home

-If you’ve previously slept on the street, we’ll help you to stay in your new home

In everything we do, we demonstrate our values

- Inclusive : We are welcoming and supportive.

Governance

The 999 Club, a company limited by guarantee and a registered charity, was formed in 1992. The objects of the charity are governed by the Memorandum and Articles of Association adopted in February 2002.

The Council of Management which equates to the Board of Trustees (and is henceforth referred to as such) is the sole corporate trustee of the Lady Florence Institute whose objects are set out in a separate document. The 999 Club and Lady Florence Trust’s objects are in line with those objects. The accounts of the two organisations are therefore consolidated. As the sole corporate trustee of the Lady Florence Institute, the 999 Club provides administrative support for that charity as well as management of its freehold property and assets.

The Board of the 999 Club, supervise the governance and management of the organisation. Directors who served during the year, or have been subsequently appointed, are shown on page 1.

Appointment to the Board is by nomination by the members after the needs of the Charity are considered by the current Directors. The Board of Directors aims to ensure that the composition of Directors contains individuals with suitable skills and experience to contribute positively to the governance of the Charity. Trustees are given a thorough induction including provision of information provided by the Charity Commission on the role of a trustee. Training is provided on a personalised basis.

Page 3

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

The organisation has a clear organisational structure with lines of authority and delegation, which are regularly reviewed by the Board. The Board is responsible for setting strategies and policies and for ensuring that these are implemented by the Chief Executive on behalf of the Board.

The Board has responsibility for setting remuneration of the CEO and key management personnel. In doing so it undertakes market testing and benchmarking against other similar sized organisations.

The Board of Trustees confirm they have regard to the Charity Commission’s guidance on public benefit and consider each year how the charity meets the public benefit objectives outlined in Section 4 of the Charities Act 2011. They are satisfied that the 999 Club and Lady Florence Trust meets the requirements and conforms to the Act’s definition of a charity meeting all elements of the two key principles.

Related parties

The 999 Club and Lady Florence Trust is the sole corporate trustee of the Lady Florence Institute (Registered Charity 312816) which holds the freehold of the property at 21 Deptford Broadway and Lady Florence Courtyard. The Lady Florence Institute donated to the 999 Club and Lady Florence Trust this year. This support will continue into the future.

Policy, planning and risk management

The Board are responsible for the management of the risks faced by the organisation, for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Board review the organisational risk position, internal control assessment and its compliance with relevant statutory and finance regulations. To evaluate and manage risk a risk register is maintained, which is monitored and reviewed at Board meetings. This process identifies the major risks the organisation faces, the likelihood of occurrence, the significance of the risk and any mitigating controls that are in place and seeks to identify any actions and resources required to manage these risks further.

The Board is satisfied that systems are in place to mitigate our exposure to major risks, both from within the charity and to those related to the external environment over which we have no control.

Review of past activities

In 2021/22 999 Club provided the following services:

-A welcoming, open access centre on Deptford High Street, offering practical help such as food, laundry and showers as well as and a safe and friendly space, supporting an average of 50 people per day.

-Advice and guidance for people either experiencing or at risk of homelessness so that they can access housing, employment, education, training and volunteering, supporting an average of 41 people per week. -Working with partner agencies to provide specialist support around benefits and legal advice, substance misuse, physical and mental health

-Proving opportunities for people to learn and develop, including developing their skills, improving their wellbeing and expressing their creativity

Page 4

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

Achievements and performance

We provided a high quality service that is valued by the people that use it. 80% of 107 people that gave anonymous feedback during the year rated their experience as .

The Gateway, our day centre was used by around 50 people per day, including 7 per day in our new women only space, “The Sanctuary”.

We supported people to stay in their home or find a new home and to get employment, education or training. Between 1[st] March 2022 and 31[st] August 2022 we supported 97 people to find a permanent home, 87 people to stay in their home and avoid eviction and 113 people to start employment, education, training or volunteering.

Our group activities programme has gone from strength to strength, with two sessions per day, ranging from language lessons to IT workshops to art therapy. One of the most exciting group sessions we ran was in partnership with Trinity Laban. This involved people with experience

We continued to deepen partnerships with other organisations in South East London, working closely with: the London Boroughs of Lewisham and Greenwich, Lewisham Safeguarding Adults Board, Thames Reach, Refuge, Bench Outreach, St Mungo’s, South London and Maudsley NHS Foundation Trust, Mayday Trust, Change Grow Live, CAB, Clean Slate, Community Connections , Vietnamese Outreach Service , London Street Rescue, Fareshare, Lewisham Migrant Network, Lewisham Law Centre, Goldsmiths University, Brett Grellier Psychological Services and the Albany Theatre.

All our activities are designed and delivered by people that use or have used our service. This is done through several mechanisms including a newly established Client Committee.

Quotes from people that have used our services:

Comments from the people who are on the Client Committee, regarding their involvement: “I felt empowered.” “There’s a buzz about it.” “Clear thought has been put into the process.” “Keep doing what you're doing. You can tell this place is changing for the better there's a real buzz about the place.”

Case study - Ella

Ella (not her real name) is a widow, originally from the Ukraine, with settled status in the UK. She first came to us after her previous tenancy had expired and she found herself homeless. As she does not have any family living here or other support networks, she had nowhere to turn. As Ella’s understanding of English is limited, we made phone calls on her behalf and supported her to complete application forms to apply for the benefits to which she is entitled. Much of this was done with the support of online translation. First of all, we helped

Page 5

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

Ella to obtain documents needed to apply for benefits, such as her birth certificate and confirmation of her indefinite leave to remain status. As Ella has just reached pensionable age, she is eligible for local authority accommodation, so we helped her to secure a flat in Lewisham and then to apply for her pension and pension credit, for people who receive a relatively low level of pension.

Once Ella had settled into her flat, we helped her with budgeting for her outgoings and registered her with a GP close to her new home. Ella is no longer using our advice and housing services, but has been attending the English classes that we run twice weekly at the 999 Club, for speakers of other languages.

Case study - D

"D" has been using the Gateway Centre since lock down ended. He was sleeping rough and not engaging very well with services other than food. Kenny, a support worker at 999 Club, spent a lot of time supporting and engaging with "D". "D" was supported to find a place in an shared house but this broke down due to him not feeling safe and having poor contact from his tenancy sustainment worker. He returned to rough sleeping and we submitted a safeguarding referral form him.

He met with Dave, a coach at 999 Club, and signed up to coaching. "D" started to become more engaged as he built a relationship with Dave and signed up to do volunteer gardening in Thamesmead. At this point he also became involved with Christoph and Coproduction. Dave and Christoph worked together to find ways of empowering "D". Between them, they built up a gardening activity for "D" and he took the lead in developing the green spaces in the project. "D" was at the centre every day and both clients and staff all noticed the marked improvement in "D"s appearance and sense of self-worth. The green spaces look wonderful, and "D" started to really come out of his shell. He took real pride in the gardening he was doing.

There were issues with his “Clearing House” referral. We advocated for "D” and eventually got a face-toface meeting with Clearing House and "D". Following the meeting he has been offered a property which he accepted. It is self-contained and comes with floating support.

Volunteers

Our work is supported by a team of over 50 dedicated volunteers with backgrounds as diverse as the local population. Many of our volunteers have either used our service in the past or have experienced homelessness. They help to make our services feel safe and welcoming by greeting people that use our services and ensuring that they find the support that they need. We are very grateful to our volunteers and thankful for their amazing contributions.

Fundraising

999 Club is so grateful to the individuals and organisations that support our work. We are fortunate to work in and with such a generous community. Their donations make our work possible.

We are grateful to Lewisham Council, Peter Stebbings Memorial Charity, Balcombe Charitable Foundation, City Bridge Trust, Garfield Weston Foundation, The Linbury Trust, Lloyds Bank Foundation for England & Wales, National Lottery Awards for All, The National Lottery Community Fund and The Pret Foundation for their support.

We would also like to thank the many smaller charities that have generously supported our work over the past year.

Page 6

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

We are grateful to Hilton, Urban Patchwork, ASDA, Goldsmiths University, Little Faith Beer, Barnet Waddingham, BadgerBadger and all the other companies that support our work through both donations and volunteering.

The 999 Club undertakes fundraising activity through its supporters via fundraising events, individual giving including appeal letters, email and telephone. We do not have face to face (or door to door) fundraising activities. In addition, funds are raised from trusts and foundations and corporate partnerships. The 999 Club is a member of the Fundraising Regulator and adheres to its Code of Fundraising Practice and its associated rulebooks for fundraising activities.

The 999 Club is compliant with the General Data Protection Regulation and only contacts prospective and existing supporters in line with its Privacy Policy and Data Protection Statement. The 999 Club recognises the importance of protecting our vulnerable supporters and follows the guidance issued by the Institute of Fundraising and the Fundraising Regulator on treating donors fairly.

The 999 Club supports its staff and fundraisers who come into contact with supporters in providing high quality customer care, ensuring anyone donating to the charity is in a position to make a free and informed decision. The 999 Club welcomes feedback on its fundraising activities and has a complaint policy which outlines how the charity will react should a complaint be received regarding its fundraising methods. The 999 Club received no complaints during the year.

Financial review

A significant source of funding has been the Lady Florence Institute which donated in support of the work of the 999 Club. Other financial assistance was given by charitable trusts, corporate supporters and private donors. The results for the year are shown on page 14. In line with 999 Club’s plan to spend the additional resources secured during the pandemic, there was a deficit for the year of £143,568 (deficit in 2021: £132,941). When the deficit is added to the funds brought forward of £3,624,082 this leaves a figure of £3,480,514 for total funds carried forward at 31 August 2022.

Reserves policy

It is the trustees’ desire to maintain reserves, at a level which equates to 3 – 9 months core costs, working capital and a sinking fund for planned maintenance of our rented properties. At this level the trustees feel comfortable that they can continue the current activities of the charity in the event of a significant drop in funding. The cash at bank of the charity at 31 August 2022 was £780,286 (2021: £925,857), comfortably exceeding the target amount.

The trustees have created two designated funds: £40,000 to be spent on improving 999 Club’s brand and communications and £160,000 towards a fund for the redevelopment the Lady Florence Hall and associated dwellings on the site.

Page 7

The 999 Club and Lady Florence Trust

Trustees’ report

For the year ended 31 August 2022

Future plans

To achieve our vision we will bring more of the outside in to the 999 Club and do more outside of our building.

• People : Train staff in trauma informed care to make our services more welcoming and supportive, recruit volunteers from more diverse backgrounds, including from East and South East Asian communities and those with experience of homelessness.

Page 8

The 999 Club and Lady Florence Trust

Trustees’ report For the year ended 31 August 2022

Trustees’ responsibilities

The trustees (who are also directors of the 999 Club and Lady Florence Trust for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The Trustees have taken advantage of the small companies’ regime in preparing the Trustees Annual Report.

By order of the trustees

Gordon McCullough Chair of Trustees 3 March 2023

Page 9

The 999 Club and Lady Florence Trust

Independent auditors’ report to the members For the year ended 31 August 2022

Opinion

We have audited the financial statements of The 999 Club and Lady Florence Trust for the year ended 31 August 2022 which comprise the consolidated statement of financial activities, the group and charity balance sheets, the consolidated cash flow statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Page 10

The 999 Club and Lady Florence Trust

Independent auditors’ report to the members For the year ended 31 August 2022

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information; we are required to report that fact.

We have nothing to report in this regard.

Other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees’ Responsibilities set out on page 9, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Page 11

The 999 Club and Lady Florence Trust

Independent auditors’ report to the members For the year ended 31 August 2022

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations made under that Act.

Our objectives are to obtain reasonable assurance about whether the group and parent financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the group and parent charitable company’s financial statements to material misstatement and how fraud might occur, including through discussions with the trustees, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the group and parent charitable company by discussions with trustees and updating our understanding of the sector in which the group and parent charitable company operate.

Laws and regulations of direct significance in the context of the group and parent charitable company include The Companies Act 2006 and guidance issued by the Charity Commission for England and Wales.

Audit response to risks identified:

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the parent charitable company’s records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the parent charitable company’s policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

Page 12

The 999 Club and Lady Florence Trust

Independent auditors’ report to the members For the year ended 31 August 2022

There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the parent charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent charitable company and the parent charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Cara Turtington (Senior Statutory Auditor)

For and on behalf of Saffery Champness LLP Chartered Accountants 71 Queen Victoria Street Statutory Auditors London 14 March 2023 EC4V 4BE

Saffery Champness LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

Page 13

The 999 Club and Lady Florence Trust

Consolidated statement of financial activities (incorporating an income and expenditure account) For the year ended 31 August 2022

Unrestricted
funds
Notes
£
Income from:
Donations, grants and fundraised income
335,142
Other trading activities:
Rental income
268,951
Total income
604,093
Expenditure on
Raising funds
2
87,313
Charitable activities
3
469,207
Total expenditure
556,520
Net income/(expenditure)
for the year
47,573
Transfers between funds
12
(154,986)
Net income/(expenditure)
for the year
6
(107,413)
Balances brought forward
at 31 August 2021
2,344,205
Balances carried forward
at 31 August 2022
11/12
2,236,792		 Unrestricted
funds
Notes
£
Income from:
Donations, grants and fundraised income
335,142
Other trading activities:
Rental income
268,951
Total income
604,093
Expenditure on
Raising funds
2
87,313
Charitable activities
3
469,207
Total expenditure
556,520
Net income/(expenditure)
for the year
47,573
Transfers between funds
12
(154,986)
Net income/(expenditure)
for the year
6
(107,413)
Balances brought forward
at 31 August 2021
2,344,205
Balances carried forward
at 31 August 2022
11/12
2,236,792		 Restricted
funds
£
312,213
-
312,213
15,485
487,869
503,354
(191,141)
154,986
(36,155)
1,279,877		 Total
2022
£
647,355
268,951
916,306
102,798
957,076
1,059,874
(143,568)
-
(143,568)
3,624,082
3,480,514		 Total
2021
£
751,763
258,158
1,009,921
152,378
990,484
1,142,862
(132,941)
-
(132,941)
3,757,023
2,236,792 1,243,722 3,624,082

All of the above results are derived from continuing operations and include all gains and losses recognised in the period.

The notes on pages 17 to 32 form part of these financial statements.

Page 14

The 999 Club and Lady Florence Trust

Balance Sheets As at 31 August 2022

Notes
Fixed assets
Tangible fixed assets
7
Current assets
Debtors
8
Cash at bank and in hand
Creditors: amounts falling
due within one year
9
Net current assets
Total assets less current liabilities
Net assets
Funds
Unrestricted funds
General funds
Designated funds
11
Restricted
12		 Group
2022
£
2,718,117
56,407
780,286
836,693
(74,295)
762,398
3,480,515
3,480,515
138,711
2,098,081
2,236,792
1,243,722
3,480,514
2021
£
2,723,693
94,590
925,857
1,020,447
(120,058)
900,389
3,624,082
3,624,082
246,124
2,098,081
2,344,205
1,279,877
3,624,082		 Charity
2022
£
96,033
50,638
719,084
769,722
(53,882)
715,840
811,873
811,873
73,404
615,000
688,404
123,469
811,873		 2021
£
81,609
119,092
838,513
957,605
(108,152)
849,453
931,062
931,062
176,438
615,000
791,438
139,624
931,062

The notes on pages 17 to 32 form part of these financial statements.

A separate Statement of Financial Activities for the Charity alone is not produced as permitted by Section 408 of the Companies Act 2006. The Charity’s net movement in funds for the year was a deficit of £119,189 (2021: deficit of £105,546).

Approved by the Board of Trustees on 3 March 2023 and signed on its behalf by

Gordon McCullough Chair

Company Number 4238295 (England & Wales)

Page 15

The 999 Club and Lady Florence Trust

Consolidated cash flow statement For the year ended 31 August 2022

Note
Net cash provided by operating activities
15
Cash flows from investing activities:
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
Net movement in cash and cash equivalents
Cash and cash equivalents at the beginning of the
reporting period
Cash and cash equivalents at the end of the
reporting period
16		 2022
£
(109,769)
(35,802)
(35,803)
(145,571)
925,857
780,286		 2021
£
(71,059)
(40,545)
(40,545)
(111,603)
1,037,460
925,857

The notes on pages 17 to 32 form part of these financial statements.

Page 16

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

1. Accounting policies

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with the Companies Act 2006, the ‘Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second Edition), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The Charity constitutes a public benefit entity as defined by FRS 102.

1.2 Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure are sufficient with the level of reserves for the charity to be able to continue as a going concern

1.3 Consolidated financial statements

The Charity has consolidated its wholly owned subsidiary The Lady Florence Institute in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities’. A separate Statement of Financial Activities, or income and expenditure account, for the Charity itself is not presented because the Charity has taken advantage of the exemptions afforded by the Companies Act 2006.

1.4 Company status

The charity is a company limited by guarantee. The members of the company are the trustees named in the financial statements. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

1.5 Donations and legacies

All donation income is included in the Statement of Financial Activities in the year in which it is received unless it is restricted income and has been received specifically in respect of expenditure to be incurred in a future accounting period in which case it is deferred.

1.6 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly allocated to particular headings they have been allocated to activities on a basis consistent with use of the resources. Salary costs have been allocated on basis of time spent.

Page 17

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

1.7 Fundraising costs

All expenses relating to fundraising and publicity are charged to this heading.

1.8 Governance costs

These costs relate to the governance of the organisation. They include expenses of trustees’ meetings, and audit fees.

1.9 Tangible fixed assets and depreciation

Freehold buildings are depreciated at 1% per annum. Deptford extension costs are depreciated over 10 years. Other capitalised refurbishment costs are depreciated over the length of the lease. Furniture, equipment and minibuses are depreciated over 5 to 7 years.

There is a capitalisation limit of £500, below which assets are not capitalised.

1.10 Funds

Restricted funds: These balances represent voluntary income or grants which have been received for the purposes set out in Note 12. The application of these funds is restricted by the expressed wishes of the donor or the terms of the grant.

Unrestricted funds: These balances represent funds that can be used for any of the charity’s purposes. Designated funds: These represent the unrestricted elements of the charities’ freehold property

1.11 Pension Scheme

The charity has arranged a defined contribution pension scheme for members of staff. The assets of this scheme are held separately from those of the charity, being invested with an insurance company. Pension costs charged in the Statement of Financial Activities represent the contributions payable by the charity in the year.

1.12 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 recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. The Charity has selected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

1.13 Critical accounting judgements and key sources of estimation uncertainty

In the application of the Charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The key estimates concern the useful economic life of fixed assets and the recoverability of debt.

Page 18

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

2. Expenditure on raising funds

2022
Unrestricted
Restricted
funds
funds
£
£
Staff costs
76,524
-
Direct costs
1,238
15,485
Centre costs
6,638
-
Support costs
2,913
-
87,313
15,485		 2022
Total
funds
£
76,524
16,723
6,637
2,913
102,798		 2021
Total
funds
£
140,451
4,119
5,502
2,306
152,378

In 2022 all expenditure on raising funds was unrestricted.

3. Charitable activities

2022
Unrestricted
Restricted
funds
funds
£
£
Staff costs
199,302
356,196
Centre costs
128,333
64,275
Depreciation
21,379
20,000
Project costs
16,599
36,081
Miscellaneous costs
7,640
0
Support costs
61,940
10,478
Governance costs (see note 4)
34,014
839
469,207
487,869		 2022
Total
funds
£
555,498
192,608
41,379
52,680
7,640
72,418
34,853
957,076		 2021
Total
funds
£
475,484
210,782
37,473
124,516
42,515
73,976
25,738
990,484

Support costs include general management and office costs which cannot be directly attributed to a cost category. Where support costs are funded by a restricted fund, the costs are allocated directly against that fund.

Unrestricted
funds
£
Staff costs
145,387
Centre costs
125,217
Depreciation
17,473
Project costs
21,079
Miscellaneous costs
22,476
Support costs
69,371
Governance costs (see note 4)
25,738
426,741		 Restricted
funds
£
330,097
85,565
20,000
103,437
20,039
4,605
-
563,743		 Total
2021
£
475,484
210,782
37,473
124,516
42,515
73,976
25,738
990,484

Page 19

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

4. Governance costs

2022
Unrestricted
Restricted
funds
funds
£
£
Bank charges
3,909
479
Legal and professional fees
12,247
360
Audit and accountancy fees
17,858
-
34,014
839		 2022
Total
funds
£
4,388
12,607
17,858
34,853		 2021
Total
funds
£
3,147
-
22,590
25,737

5. Staff costs

Wages and salaries
Employers National Insurance
Pension costs
Redundancy costs
Recruitment costs		 2022
£
541,447
51,209
10,521
19,112
9,734
632,023		 2021
£
476,886
43,240
8,501
7,002
80,307
615,936

No trustees were reimbursed for expenses (2021: nil). No trustees received any remuneration in either year. In 2022 donations received from trustees was nil (2021: £300).

No member of staff was paid more than £60,000 in either year. The aggregate amount paid to key management personnel in the year was £160,000 (2021: £202,024).

The average number of staff employed by the charities in the year ended 31 August 2022 was 16 (2021: 16).

During the year redundancy payments totalling £19,112 was paid to 1 employee (2021: £7,002).

6. Net income/(expenditure)

Net income/(expenditure) for the year is stated after charging:

2022 2021
£ £
Auditors remuneration – current year audit fee 6,720 6,300
Audits remuneration – prior year under accrual 1,980 1,980
Auditors remuneration –accountancy fee 2,160 2,750
Auditors remuneration – other services 1,200 5,200
Depreciation 41,379 37,473

Page 20

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

7.
Fixed assets
Group
Cost
As at 31 August 2021
Additions
Disposals
As at 31 August 2022
Depreciation
As at 31 August 2021
Charge for year
As at 31 August 2022
Net book value
As at 31 August 2022
As at 31 August 2021		 Freehold
Refurbishment
land and
of centres
buildings
£
£
3,018,750
341,474
21,205
3,018,750
362,679
366,540
306,598
20,000
12,434
386,540
319,032
2,632,210
44,647
2,652,210
34,876		 Furniture
and
equipment
£
91,221
14,598
105,819
54,614
8,945
63,559
42,260
36,607		 Total
£
3,451,445
35,803
3,487,248
727,752
41,379
769,131
2,718,117
2,723,693

Included in freehold land and buildings is £1,000,000 relating to land which is not depreciated. The freehold land and buildings were valued on 31 December 2002 by Martin DeVarga Chartered Surveyors as they were brought into use for the first time.

The Trustees do not have a policy of revaluing the buildings in the financial statements. The historic cost of land and buildings is £2,239,258.

Page 21

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

7.
Fixed assets (continued)
Charity
Cost
As at 31 August 2021
Additions
As at 31 August 2022
Depreciation
As at 31 August 2021
Charge for year
As at 31 August 2022
Net book value
As at 31 August 2022
As at 31 August 2021
8.
Debtors
Trade debtors
Prepayments and accrued income
Other debtors
Owed by Lady Florence Institute
9.
Creditors: Amounts falling due within on
Trade creditors
Accruals and deferred income
Tax and Social Security
Other creditors		 Refurbishment
of centres
£
341,474
21,205
362,679
296,472
12,434
308,906
53,773
45,002
Group
2022
2021
£
£
43,476
25,320
12,931
69,270
-
-
-
-
56,407
94,590
e year
Group
2022
2021
£
£
21,574
66,783
34,221
30,749
17,713
20,576
787
1,950
74,295
120,058		 Furniture
Total
and
equipment
£
£
91,221
432,695
14,598
35,803
105,819
468,498
54,614
351,086
8,945
21,379
63,559
372,465
42,260
96,033
36,607
81,609
Charity
2022
2021
£
£
14,564
-
5,002
69,270
-
-
31,072
49,822
50,638
119,092
Charity
2022
2021
£
£
21,222
66,362
14,160
19,264
17,713
20,576
787
1,950
53,882
108,152		 Total
£
432,695
35,803
468,498
351,086
21,379
372,465
96,033
81,609
108,152

Page 22

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

10. Analysis of net assets between funds

Group
Unrestricted
£
Tangible fixed assets
61,009
Net current assets
77,703
Net assets
138,712
Group
Unrestricted
£
Tangible fixed assets
55,357
Net current assets
190,767
Net assets
246,124
Charity
Unrestricted
£
Tangible fixed assets
42,259
Net current assets
31,145
Net assets
73,404
Charity
Unrestricted
£
Tangible fixed assets
36,607
Net current assets
139,831
Net assets
176,438		 Designated
£
1,483,081
615,000
2,098,081
Designated
£
1,483,081
615,000
2,098,081
Designated
£
-
615,000
615,000
Designated
£
-
615,000
615,000		 Restricted
£
1,174,027
69,695
1,243,722
Restricted
£
1,185,255
94,622
1,279,877
Restricted
£
53,774
69,695
123,469
Restricted
£
45,002
94,622
139,624		 2022
Total
£
2,718,117
762,398
3,480,515
2021
Total
£
2,723,693
900,389
3,624,082
2022
Total
£
96,033
715,840
811,873
2021
Total
£
81,609
849,453
931,062

Page 23

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

11.
Unrestricted funds
Group
Balance
1 September
2021
£
General fund
246,124
Designated funds
Lady Florence Flat
Refurbishment fund
100,000
Lady Florence Hall
Refurbishment fund
515,000
Property fund
1,483,081
2,098,081
Total unrestricted funds
2,344,205		 Movement in resources
Incoming
Outgoing
£
£
604,093
(556,520)
-
-
-
-
-
-
-
-
604,093
(556,520)		 Transfers
between
funds
£
(154,986)
-
-
-
-
(154,986)		 Balance
31 August
2022
£
138,711
100,000
515,000
1,483,081
2,098,081
2,236,792

The designated property fund is the value of the freehold property, excluding redevelopment costs, owned by The Lady Florence Institute, the value of which is included within Tangible Fixed Assets. This asset is used by the group on an on-going basis for the charitable activities carried out.

The trustees created two designated reserves during the previous year. £100,000 towards future major maintenance issues for the 24 LFI rented dwellings, and £515,000 towards a fund for the redevelopment the Lady Florence Hall and associated dwellings on the site.

Group
Balance
1 September
2020
£
General fund
237,167
Designated funds
Lady Florence Flat
Refurbishment fund
100,000
Lady Florence Hall
Refurbishment fund
515,000
Property fund
1,483,081
2,098,081
Total unrestricted funds
2,335,248		 Movement in resources
Incoming
Outgoing
£
£
596,597
(578,405)
-
-
-
-
-
-
-
-
596,597
(578,405)		 Transfers
between
funds
£
(9,235)
-
-
-
-
(9,235)		 Balance
31 August
2021
£
246,124
100,000
515,000
1,483,081
2,098,081
2,344,205

Page 24

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

11. Unrestricted funds (continued)

Charity
Balance
1 September
2021
£
General fund
176,438
Designated funds
Lady Florence Flat
Refurbishment fund
100,000
Lady Florence Hall
Refurbishment fund
515,000
615,000
Total unrestricted funds
791,438
Charity
Balance
1 September
2020
£
General fund
161,086
Designated funds
Lady Florence Flat
Refurbishment fund
100,000
Lady Florence Hall
Refurbishment fund
515,000
615,000
Total unrestricted funds
776,086		 Movement in resources
Incoming
Outgoing
£
£
486,534
(434,582)
-
-
-
-
-
-
486,534
(434,582)
Movement in resources
Incoming
Outgoing
£
£
461,580
(47,993)
-
-
-
-
-
-
461,580
(47,993)		 Transfers
between
funds
£
(154,986)
-
-
-
(154,986)
Transfers
between
funds
£
(9,235)
-
-
-
(40,235)		 Balance
31 August
2022
£
73,404
100,000
515,000
615,000
688,404
Balance
31 August
2021
£
176,438
100,000
515,000
615,000
791,438

Page 25

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

12.
Restricted funds
Group
Balance
1 September
2021
£
Personal Transition
Service
37,051
Awards CRS
Chairs
Client to Plymouth
Senior Advice Worker
Salary
23,618
Volunteer Coordinator
6,482
Winter Appeal
Summer Appeal
National Lottery
(13,130)
Upgrade Gateway
515
Employability – Linbury
25,374
Gateway Improvement
Lewisham Covid
Funding
LFI Expenses
London Marathon
NXG ESOL
Employability – Pret
12,203
Head of Operations
9,209
London Catalyst 2
212
City Bridge Advice
Worker
38,090
Lewisham Winter
Appeal
Property Development
V&A Project
Volunteer Expenses
Women’s Space
Property
redevelopment
1,140,253
Total restricted funds
1,279,877		 Movement in resources
Incoming
Outgoing
£
£
(33,071)
10,000
746
(96)
190
(160)
(39,594)
36,000
(33,194)
11,349
(14,880)
(2,743)
137,278
(206,300)
(84)
44000
(33,147)
1000
(10,058)
980
(1,600)
(3,288)
745
(3,712)
1,530
(1,855)
23,654
(17,199)
(9,810)
(285)
(39,450)
4,741
(138)
(23,864)
(140)
(4,838)
40,000
(3,849)
(20,000)
312,213
(503,355)		 Transfers
between
funds
£
(30)
15,976
3,531
2,743
82,152
9,058
620
6,768
2,967
325
602
74
1,359
23,864
140
4,838
154,986		 Balance
31 August
2022
£
3,980
10,000
650
-
-
9,288
-
-
-
431
36,227
-
-
3,480
-
-
18,658
-
-
-
4,603
-
-
-
36,151
1,120,253
1,243,722

Welfare Fund – Funds to help individuals in crisis Winter Night shelter – Providing emergency accommodation for vulnerable people Employability Co-ordinator– Contribution to salary for Employability service Personal Transition Service - Contribution to salary of Asset Coach Staff costs - Contribution to salary of CEO and salary of fundraising officer Equipping shelters project – Contribution to salary of resettlement worker

Page 26

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

12. Restricted funds (continued)

Equipping shelters project – Contribution to salary of resettlement worker Senior Advice Worker - - salary of Senior Advice Worker Volunteer Co-Ordinator – salary of Volunteer Co-Ordinator

National Lottery – prevention of homelessness (Community Fund)

Awards CRS – To develop a programme to build participants confidence, resilience and skills

Women’s’ Space – to run a programme of activities on our women’s sanctuary, a space for women who are either experiencing or at risk of experiencing homelessness

Upgrade Gateway – Health and Safety costs, recruitment of volunteers and expenses, cleaning services Property redevelopment – The fund was established in respect of the redevelopment of properties owned by The Lady Florence Institute in Deptford Broadway. The funds are included in tangible fixed assets.

Transfers between funds represent:

Capital Project 2– Capital expenditure on the building

Movement in resources
Group
Balance
1 September
2020
£
Welfare fund
1,019
Winter night shelter -
Lewisham
61,419
Personal Transition
Service
4,909
Staff costs
26,472
Capital Project 2
81,361
Senior Advice Worker
Salary
-
Volunteer Coordinator
36,352
National Lottery
10,948
Corona Virus Appeal
Grant
28,612
Upgrade Gateway
10,430
Employability – Linbury
-
Employability – Pret
-
FC Clarke Laptop
-
Head of Operations
-
Lewisham – Coivd
-
London Catalyst 2
-
Wellbeing
-
City Bridge Advice
Worker
-
Community response
fund wave 3
-
Property
redevelopment
1,160,253
Total restricted funds
1,421,775		 Incoming
£
-
98,483
33,333
5,000
-
-
3,000
129,815
-
-
40,000
27,788
1,000
15,000
936
1,500
2,000
45,625
9,844
-
413,324		 Outgoing
£
(1,019)
(159,902)
(1,191)
(31,472)
(43,861)
(24,116)
(32,870)
(153,893)
(28,612)
(9,915)
(14,626)
(15,585)
-
(5,791)
(936)
(1,288)
(2,000)
(7,535)
(9,844)
(20,000)
(564,457)		 Transfers
between
funds
£
-
-
-
-
(37,500)
47,735
-
-
-
-
-
-
(1,000)
-
-
-
-
-
-
-
9,235		 Balance
31 August
2021
£
-
-
37,051
-
-
23,619
6,482
(13,130)
-
515
25,374
12,203
-
9,209
-
212
-
38,090
-
1,140,253
1,279,877

Page 27

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

12. Restricted funds (continued)

Welfare Fund – Funds to help individuals in crisis Nursery capital funding – Building works in Deptford Winter Night shelter – Providing emergency accommodation for vulnerable people Employability Co-ordinator– Contribution to salary for Employability service Personal Transition Service - Contribution to salary of Asset Coach Staff costs - Contribution to salary of CEO and salary of fundraising officer Equipping shelters project – Contribution to salary of resettlement worker Enterprise Development – Completion of a feasibility study Capital Project 2 – costs of health and safety works Senior Advice Worker - - salary of Senior Advice Worker Digital Inclusion – upgrade of office equipment Volunteer Co-Ordinator – salary of Volunteer Co-Ordinator Gateway Faith Clark – Upgrade of Gateway Equipment NS Post Covid 19 – running costs of guests and services National Lottery – prevention of homelessness (Community Fund) CV Appeal Grant – contribution costs of office equipment for guests Upgrade Gateway – Health and Safety costs, recruitment of volunteers and expenses, cleaning services Property redevelopment – The fund was established in respect of the redevelopment of properties owned by The Lady Florence Institute in Deptford Broadway. The funds are included in tangible fixed assets.

Transfers between funds represent:

Capital Project 2– Capital expenditure on the building Senior Advice Worker – Transfer in of balance incorrectly moved to unrestricted funds in 2020

Page 28

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

12. Restricted funds (continued)

Charity
Balance
1 September
2021
£
Personal Transition
Service
37,051
Awards CRS
Chairs
Client to Plymouth
Senior Advice Worker
Salary
23,619
Volunteer Coordinator
6,482
Winter Appeal
Summer Appeal
National Lottery
(13,130)
Upgrade Gateway
515
Employability – Linbury
25,374
Gateway Improvement
Lewisham Covid
Funding
LFI Expenses
London Marathon
NXG ESOL
Employability – Pret
12,203
Head of Operations
9,209
London Catalyst 2
212
City Bridge Advice
Worker
38,090
Lewisham Winter
Appeal
Property Development
V&A Project
Volunteer Expenses
Women’s Space
Total restricted funds
139,624		 Movement in resources
Incoming
Outgoing
£
£
(33,071)
10,000
746
(96)
190
(160)
(39,594)
36,000
(33,194)
11,349
(14,880)
(2,743)
137,278
(206,300)
(84)
44000
(33,147)
1000
(10,058)
980
(1,600)
(3,288)
745
(3,712)
1,530
(1,855)
23,654
(17,199)
(9,810)
(285)
(39,450)
4,741
(138)
(23,864)
(140)
(4,838)
40,000
(3,849)
312,213
(483,355)		 Transfers
between
funds
£
(30)
15,975
3,531
2,743
82,152
9,058
620
6,768
2,967
325
602
74
1,359
23,864
140
4,838
154,986		 Balance
31 August
2022
£
3,980
10,000
650
-
-
9,288
-
-
-
431
36,227
-
-
3,480
-
-
18,658
-
-
-
4,603
-
-
-
36,151
123,469

Page 29

The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

12. Restricted funds (continued)

Charity
Balance
1 September
2020
£
Welfare fund
1,019
Winter night shelter -
Lewisham
61,419
Personal Transition
Service
4,909
Staff costs
26,472
Capital Project 2
81,361
Senior Advise Worker
Salary
-
Volunteer Coordinator
36,352
Gateway - Faith Clark
-
National Lottery
10,948
Corona Virus Appeal
Grant
28,612
Upgrade Gateway
10,430
Employability – Linbury
-
Employability – Pret
-
FC Clarke Laptop
-
Head of Operations
-
Lewisham – Coivd
-
London Catalyst 2
-
Wellbeing
-
City Bridge Advice
Worker
-
Community response
fund wave 3
-
Total restricted funds
261,552		 Movement in resources
Incoming
Outgoing
£
£
-
(1,019)
98,493
(159,902)
33,333
(1,191)
5,000
(31,472)
-
(43,861)
-
(24,116)
3,000
(32,870)
129,815
(153,893)
-
(28,612)
-
(9,915)
40,000
(14,626)
27,788
(15,585)
1,000
-
15,000
(5,791)
936
(936)
1,500
(1,288)
2,000
(2,000)
45,625
(7,535)
9,844
(9,844)
413,324
(544,457)		 Transfers
between
funds
£
-
-
-
-
(37,500)
47,735
-
-
-
-
-
-
(1,000)
-
-
-
-
-
-
9,235		 Balance
31 August
2021
£
-
-
37,051
-
-
23,619
6,482
(13,130)
-
515
25,374
12,203
-
9,209
-
212
-
38,090
-
139,624

13. Commitments

The 999 Club and Lady Florence Trust had a no capital commitments of as at 31 August 2022 (2021: £Nil).

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The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

14. Related party transactions

The 999 Club and Lady Florence Trust has transactions with its wholly controlled subsidiary, the Lady Florence Institute, which have been eliminated on consolidation. These transactions are as follows.

The 999 Club and Lady Florence Trust received income from The Lady Florence Institute as follows:

The 999 Club and Lady Florence Trust charged £24,660 (2021: £30,000) to The Lady Florence Institute in relation to staff recharge.

At 31 August 2022 there was £31,072 (2021: £49,822) owed by the Lady Florence Institute to the 999 Club and Lady Florence Trust. No guarantees have been given or received.

15. Reconciliation of net income/(expenditure) to net cash flow from operating activities

Net (expenditure)/income for the reporting period (as
per the statement of financial activities)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Net cash (used in)/ provided by operating activities
16.
Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents		 2022
£
(143,568)
41,379
38,183
(45,763)
(109,769)
2022
£
780,286
780,286		 2021
£
(132,941)
37,473
66,764
(42,354)
(71,059)
2021
£
925,857
925,857

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The 999 Club and Lady Florence Trust

Notes to the financial statements For the year ended 31 August 2022

17. Comparative information

Unrestricted
funds
£
Income from:
Donations and gifts
338,439
Other trading activities:
Rental income
258,158
Total income
596,597
Expenditure on
Raising funds
151,664
Charitable activities
426,741
Total expenditure
578,405
Net (expenditure)/income
for the year
18,192
Transfers between funds
(9,235)
Net income/(expenditure)
for the year
8,957
Balance brought forward 1 September 2020
2,335,248
Balance carried forward 31 August 2021
2,344,205		 Restricted
funds
£
413,324
-
413,324
714
563,743
564,457
(151,133)
9,235
(141,898)
1,421,775
1,279,877		 Total
2021
£
751,763
258,158
1,009,921
152,378
990,484
1,142,862
(132,941)
-
(132,941)
3,757,023
3,624,082

Page 32