REGISTERED CHARITY NUMBER: 1091245
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2022
for
Community Concern London
Martin+Heller 5 North End Road London NW11 7RJ
Community Concern London
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Cash Flow Statement | 6 |
| Notes to the Cash Flow Statement | 7 |
| Notes to the Financial Statements | 8 to 11 |
| Detailed Statement of Financial Activities | 12 |
Community Concern London
Report of the Trustees for the Year Ended 31 December 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES Objectives and aims
The main object of the charity is the relief of poverty.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the Trust continued its philanthropic activities and has maintained its support of many causes of poverty alleviation in London.
The primary objective of the charity is to identify bona-fide cases of genuine need, to whom discrete monthly deliveries of frozen chickens are made and other essential food expenditure is defrayed. The delivering supplier is not aware of the identities of the recipients, and dependent members of the household are also not aware of the charitable nature of the delivery.
Cash distribution in case of extreme urgent need forms a small part of the Charity's activities.
The charity also discreetly pays for private professional medical advice in case of urgent need.
FINANCIAL REVIEW Reserves policy
The Statement of Financial Activities shows a deficit for the year of £377,439 (2021 surplus: £367,787) and the reserves stand at £683,165 (2021: £1,060,604).
It is the Trust's policy to maintain unrestricted funds in order to ensure that it is in a position to continue its Grant-making activities at a level consistent with the demands made and to cover contingencies of additional calls being made upon the charity for support of cases in times of need. The unrestricted funds, which are represented by liquid funds held by the Trust, are considered to be adequate and will be reviewed periodically by the Trustees of the charity.
FUTURE PLANS
There are no significant future developments to report.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
There have been 4 trustees throughout the period. Any new appointments are at the recommendation of the board.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1091245
Principal address
28 The Ridgeway London NW11 8TB
Page 1
Community Concern London
Report of the Trustees for the Year Ended 31 December 2022
Trustees
S J Kahn M Rosenthal J Waller (resigned 25.5.22) J Scharfer B M Bleier (appointed 21.7.22)
Independent Examiner A Heller FCA 5 North End Road London NW11 7RJ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... S J Kahn - Trustee
Page 2
Independent Examiner's Report to the Trustees of Community Concern London
Independent examiner's report to the trustees of Community Concern London
I report to the charity trustees on my examination of the accounts of Community Concern London (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
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 ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
A Heller FCA 5 North End Road London NW11 7RJ
Date: .............................................
Page 3
Community Concern London
Statement of Financial Activities for the Year Ended 31 December 2022
| 31.12.22 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 946,392 Investment income 3 2,805 Total 949,197 EXPENDITURE ON Charitable activities 4 Relief of poverty 1,326,636 NET INCOME/(EXPENDITURE) (377,439) RECONCILIATION OF FUNDS Total funds brought forward 1,060,604 TOTAL FUNDS CARRIED FORWARD 683,165 |
31.12.21 Total funds £ 1,355,170 65 |
|---|---|
| 1,355,235 | |
| 987,448 | |
| 367,787 692,817 |
|
| 1,060,604 |
The notes form part of these financial statements
Page 4
Community Concern London
Balance Sheet 31 December 2022
| 31.12.22 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 683,165 NET CURRENT ASSETS 683,165 TOTAL ASSETS LESS CURRENT LIABILITIES 683,165 NET ASSETS 683,165 FUNDS 7 Unrestricted funds 683,165 TOTAL FUNDS 683,165 |
31.12.21 Total funds £ 1,060,604 1,060,604 1,060,604 1,060,604 1,060,604 1,060,604 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. S J Kahn - Trustee
The notes form part of these financial statements
Page 5
Community Concern London
Cash Flow Statement for the Year Ended 31 December 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
31.12.22 £ (380,244) (380,244) 2,805 2,805 (377,439) 1,060,604 683,165 |
31.12.21 £ 367,722 367,722 65 65 367,787 692,817 1,060,604 |
|---|---|---|
The notes form part of these financial statements
Page 6
Community Concern London
Notes to the Cash Flow Statement for the Year Ended 31 December 2022
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Interest received Net cash (used in)/provided by operations |
31.12.22 £ (377,439) (2,805) (380,244) |
31.12.21 £ 367,787 (65) 367,722 |
|---|---|---|
2.
ANALYSIS OF CHANGES IN NET FUNDS
| Net cash Cash at bank Total |
At 1/1/22 £ 1,060,604 1,060,604 1,060,604 |
Cash flow £ (377,439) (377,439) (377,439) |
At 31/12/22 £ 683,165 683,165 683,165 |
|---|---|---|---|
The notes form part of these financial statements
Page 7
Community Concern London
Notes to the Financial Statements for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
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 recognised 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 the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2. DONATIONS AND LEGACIES
| Donations 3. INVESTMENT INCOME Deposit account interest |
31.12.22 £ 946,392 31.12.22 £ 2,805 |
31.12.21 £ 1,355,170 31.12.21 £ 65 |
|---|---|---|
continued...
Page 8
Community Concern London
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
4. CHARITABLE ACTIVITIES COSTS
| Relief of poverty | Direct Costs £ 1,326,636 |
|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 1,355,170 | |
| Investment income | 65 | |
| Total | 1,355,235 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Relief of poverty | 987,448 | |
| NET INCOME | 367,787 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 692,817 | |
| TOTAL FUNDS CARRIED FORWARD | 1,060,604 |
continued...
Page 9
Community Concern London
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
7. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1/1/22 £ 1,060,604 1,060,604 Incoming resources £ 949,197 949,197 |
Net movement in funds £ (377,439) (377,439) Resources expended £ (1,326,636) (1,326,636) |
At 31/12/22 £ 683,165 683,165 Movement in funds £ (377,439) (377,439) |
|---|---|---|---|
Comparatives for movement in funds
| At 1/1/21 £ Unrestricted funds General fund 692,817 TOTAL FUNDS 692,817 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 1,355,235 TOTAL FUNDS 1,355,235 |
Net movement in funds £ 367,787 367,787 Resources expended £ (987,448) (987,448) |
At 31/12/21 £ 1,060,604 1,060,604 Movement in funds £ 367,787 367,787 |
|---|---|---|
continued...
Page 10
Community Concern London
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/1/21 £ 692,817 692,817 |
Net movement in funds £ (9,652) (9,652) |
At 31/12/22 £ 683,165 |
|---|---|---|---|
| 683,165 |
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 TOTAL FUNDS |
Incoming resources £ 2,304,432 2,304,432 |
Resources expended £ (2,314,084) (2,314,084) |
Movement in funds £ (9,652) (9,652) |
|---|---|---|---|
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
Page 11
Community Concern London
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Relief of poverty Bank charges Total resources expended Net (expenditure)/income |
31.12.22 £ 946,392 2,805 949,197 1,326,370 266 1,326,636 1,326,636 (377,439) |
31.12.21 £ 1,355,170 65 |
|---|---|---|
| 1,355,235 987,181 267 |
||
| 987,448 | ||
| 987,448 | ||
| 367,787 |
This page does not form part of the statutory financial statements
Page 12