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Company Number: 04727353 Charity Number: 1099082
Waltham Forest Black People's Mental Health Association
Financial Statements
For the Year Ended
31 March 2022
Augustus & Co Chartered Certified Accountants
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## Waltham Forest Black People's Mental Health Association
## Index
## Page Contents
1 , Legal and Administrative Administrative Details 2-6 Directors’ Report 7-8 Independent Examiner’s Report 9 Statement of Financial Activities 10 Balance Sheet 11-16 Notes to Accounts
Legal and Administrative Administrative Details
Waltham Forest Black People's Mental Health Association
## Legal and Administrative Details
## Status
The Company was incorporated as a company limited by guarantee on 8 April 2003 and registered as a charity on the same date. The Company took over the assets and liabilities of a previously unincorporated charity, Waltham Forest Black People’s Mental Health Association with charity number 1027227 on incorporation.
Directors Kathieen Wilson (Chair) Veline Green (Treasurer) John Barzey (Secretary) Bankers Co-Operative Bank Bank
Bankers Co-Operative Bank Bank Independent Examiner A. A Boafo Brewu FCCA. MBA Augustus & Co Chartered Certified Accountant ' 374 Ley Street Ilford Essex 1G1 4AE
Charity Offices 2 Priory Avenue Walthamstow London E17 7QP Charity Number: 1099082 Company Number: 04727353
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Waltham Forest Black People's Mental Health Association
## Directors Report
The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015).
## Aims and Objects of the Company
Waltham Forest Black People's Mental Health Association is a voluntary sector organisation. The Association is funded by Waltham Forest Social Services and managed by a committee made up of volunteers and service users. It was incorporated on 8 April 2003 as a charitable company limited by guarantee. On that date, it took over the assets and liabilities of an existing unincorporated charity with the same name.
## The Association is established:
1. To promote the preservation of mental health and to assist in relieving and rehabilitating persons suffering from mental disorder or conditions of emotional or'mental distress requiring advice or treatment in the London Borough of Waltham Forest particularly persons of African, Caribbean or Asian descent or of other ethnic or national groups in the said area of benefit.
2. To assist such persons to realise their full potential to lead fulfilling lives in particular by the provision of services to:
- e Assist such a person to obtain his or her full rights and privileges as a citizen and e Provide advice to such persons.
## How Onur Activities Deliver Public Benefit
Our main activities and who we try to help are as described in objectives and activities. All our charitable activities focus on these objectives to further our charitable purposes for the public benefit.
## Financial Review
The financial position of the charity at the end of the financial year is as detailed in the attached financial statements. The charity’s income for the year was £189,970.
## Activities During the Year
As reported, last year due to the covid restrictions, the effects on service users and covers death and illnesses BPMHA has not fully recovered.
We have many activities, which are always user inspired. Health watch is an integral programme, relevant topics are explored in depth i.e. diabetes, cancer, hypertension, medication, healthy living, just to name a few. These have been an ever increasing diagnosis as diabetes, hypertension and perhaps other age related illnesses. Mental ill health however continues to be our main challenges.
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Waltham Forest Black People’s Mental Health Association
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## Lunch Provision and Attendance
The provision of daily midday meals playa vital role in the wellbeing of service users and has been a key aspect of services users provided by the centre. For many service users this is their main meal of the day, snacks and drinks are also provided. A total of 2615 lunch attendances by service users were recorded during the year under review. Lunches re comparison to total users attendances of 2862. The quarterly figures for lunch attendances are as follows:
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April—June | July—Sept 21 | Oct-Dec 21 Yearly Total
21 22
Service User | 752 731 790 589 2862
Attendance
Lunch 697 735 702 481 2615
Attendances
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## Regular Activities
The year April 2021 — March 2022 saw an extensive range of activities and in home events. These activities, included those listed below are regular occurrences in the centre organised daily or weekly for the benefit of service users:
- e Women's Group e §=6Arts & Crafts e =Bible Study
- e English Life Skills
- ® Men's Group e Basic Computers (Mens) ; e Calm Art
- e Games
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- e Basic Computers (Mixed)
- e Centre Meetings
- e Health and Fitness Advice Support e Covid Updates Support e Diabetes Support Group
## Other Activities
Waltham Forest Black Peoples Mental Health Association will continue to provide comprehensive day opportunities, support and advocacy services to adults with mental health problems living in Waltham Forest and the surrounding London Boroughs. A daily charge is administered.
- e Focus on the individual with some real choice, tailored support where necessary
- e A wider range of activities which are meaningful
- e A focus on inclusive activities based in the community .
- e A full service covering at least five days ofthe week; occasional, evening and weekends.
- e A service that meets the needs of the individual and their carers
- e Accessible services that meet the needs of diverse groups
- e Based on partnerships between Adult Social Care and local agencies
- e User involvement and user led services
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Waltham Forest Black People’s Mental Health Association
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- e Recovery, rehabilitation for health
- e Reducing social isolation more than ever it has been challenging to try to support service users and their carers to encourage users to overcome their fears and to return.
- e personal skill development
In addition to the regular activities, the Association also organised a number of one-off activities and inhouse events for service users. These included celebrating our Cultural Evening, Poetry writing sessions, socials, Black History Month and World Mental Health Day.
Along with these, BPMHA services users and carers also engaged in events, groups activities such as inhouse fun days and quizzes were also staged for the enjoyment of service users.
## Carers:
We continue to help and support carers, where possible.
## Conclusion:
This year WFBPMHA supported its service users and carers referred from teams across the borough. We monitor and evaluate our services through a Bi-Annual review of activities as well as 6 — 12 weekly individual care reviews with users.
## Future Plans
BPMHA continues to develop and implement a self-sustaining service model that will deliver a high quality care whilst meeting a range of needs.
## Directors
‘
The following served as directors and on the committee during the year covered by these accounts:
Kathleen Wilson (chair)
Veline Green (Treasurer)
John Barzey (Secretary) Gerda Cooper (Ordinary Member) William Bailey (Ordinary Member) Tensie Gordon (Ordinary Member) ;
The directors and committee members at the time the financial statement were approved are as follows:
Kathleen Wilson (Chair) Veline Green (Treasurer) John Barzey (Secretary) Gerda Cooper (Ordinary Member) William Bailey (Ordinary Member) Tensie Gordon (Ordinary Member)
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## Waltham Forest Black People's Mental Health Association
## Directors’ Responsibilities
The charity trustees (who are also the directors for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company Jaw the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.
In preparing these financial statements, the directors are required to:
- e Select suitable accounting policies and then apply them consistently;
- e Observe the methods and principles in the Charities SORP
- e Make judgements and estimates that are reasonable and prudent;
- e Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the company will continue to provide services.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the Financial Statements comply with the Company Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.
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.
## Directors Selection Method
The directors are elected at each annual general meeting for a term of two years.
Officers within the directors are nominated and voted on by all the directors.
## Reserves Policy
At 31 March 2022, there were free unrestricted reserves of £11,250 which will be used to support the organisation’s activities.
The directors consider this amount not adequate to meet 3 to 6 months expenditure. We are actively seeking to raise more to increase the amount of free reserves.
A designated reserve of £50,000 has been set up to enable the orderly closure of the charity should this be necessary. If in the unlikely eventuality that the organisation had to close, 3 months salaries and running costs are sometimes used by charities as a reasonable figure to provide an orderly closure.
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## Risk Review
The major external risk to which the organisation is exposed is lack offunding. Thecommittee is constantly reviewing this area to ensure the continuity ofthe organisation. Internal risks are minimised by the implementation ofprocedures for authorisation/approval of all transactions.
## Decision Making Making
Decision Making Making / The directors meet about once every month to review the progress ofthe organisation and to make any decisions that are needed to keep it in pursuit of its objectives.
## Contribution ofVolunteers
During the year the Association relied on the services ofvolunteers in the areas ofadministration, reception and working with users.
## Independent Examination.
The directors propose to re appoint the current accountant to undertake the independent examination inthe following year. This report has been prepared in accordance with the provisions applicable to companies subjectto the small companies’ regime.
This report was approved by the board on 1-December 2022 and signed on their behalfby:
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V \22-
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. YVeline Green . (Treasurer)
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Waltham Forest Black People's Mental Health Association
## Independent Examiner’s Report to the Directors of Waltham Forest Black People’s Mental Health
## Association
I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of Waltham Forest Black People’s Mental Health Association (‘the charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
## ’ Responsibilities and basis of report
As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, | report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my[report][is][limited][to][those][specific][matters][set][out][in][the] independent examiner’s statement.
## Independent examiner’s statement
If the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. The income was below this threshold. I confirm that I am qualified to undertake the examination because I am a member of ACCA, 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 charitable company as required by section 386 of the 2006 Act; or
- the financial statements do not accord with those records; or
- > the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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## Waltham Forest Black People's Mental Health Association
- the financial statements 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 gomnedifon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to berw AA Boafo-Brewu (FCCA MBA) 374 Ley Street Ilford Augustus & Co Essex IG] 4AE
Dated: 2% December 2022
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## Waltham Forest Black People's Mental Health Association Statement Of Financial Activities (Including Income and Expenditure Account) Year Ended 31 March 2022
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||Note|Unrestricted|Designated|Restricted||Total|Total|
|||z||£||£|£|
|Incoming Resources|2|||||||
|Incoming resources from|||||;|||
|charitable activities:||||||||
|Donations|2.4|||20,629||20,629|102821|
|Earned income|2.2|||158,691||158,691|66013|
|Otherincomingresources|23|||10,033||10,033|5497|
|Investmentincome||||617||617|0|
|-Total IncomingResources||0|0|189,970||189,970|174,331|
|Expenditure||||||||
|Charitable activities|3|||183,985||183,985|183,092|
|TotalExpenditure||0|0|183,985||183,985|183,092|
|Net income/(expenditure)andnet||0|0|5,985||5,985|-8,761|
|movements in funds fortheyear||||||||
|Reconciliation offunds||||||||
|Total funds broughtforward 1 April 2021||303942|50000|121816||475758|484519|
|TotalFundsCarriedForwardat31/03/2022||303942|50000|127801||481743|475758|
The notes on pages 11 to 16 form part of these financial statements.
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## Walthant Forest Black People’s Mental Health Association
||||BalanceSheet|BalanceSheet||||||
|---|---|---|---|---|---|---|---|---|---|
|||YearEnded|Ended31March2022||||||.|
||||Note|2022
£||||2021
£||
|FixedAssets
Tangible Assets|||9|_323,375
323375||||__323,375_
323375||
|CurrentAssets
Debtors
CashatBankandinHand|Hand||10|26,024
144,574
"170,598||||-
___128,559
128,559||
|Creditors:
:
Amountsfallingduewithinone||oneyear|11|12,230
12,230|.|:|,|gh a es
=||
|NetCurrentAssets||||Se
158,368||||ae
128,559||
|TotalAssetsLessCurrentLiabilities||Liabilities||481,743||||451,934||
|NetAssets||||481,743||||451,934||
|RepresentedBy:
RestrictedFunds
DesignatedFunds
UnrestrictedFunds|||12
13
13|127,803
50,000
303,942
481,783||||121,816
50,000
303,942
975,758||
The company was entitled to exemption from audit under s477 ofthe Companies Act 2006 relating to small companies.
The members have not required the company to obtain an. audit in accordance with section 476 ofthe Companies Act 2006.
The directors/trustees acknowledge their responsibilties for’tomplying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP
The financial statements were approved by the trustees on? December 2022 and signed on its behalf by
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(Chair)Kathleen Wilson Z LTf = (Treasurer)Veline Green a {reo
Registration number: 04727353
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The notes on pages 11 to 16 form part of these financial statements.
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## Waltham Forest Black Peopie's Mental Health Association
## Notes To Accounts
Year Ended 31 March 2022
## 1. Accounting Policies
## 1.1 Accounting Convention
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## 1.2 Incoming Resources
Income are the amounts due for the year whether or not actually received in the year.
Donations and other incoming resources are the actual amounts received in the year.
## 1.3 Depreciation
Depreciation is provided at rates calculated to write off the cost or valuation, less estimated residual value of each asset over the expected useful life as follows:
Furniture, Fixtures & Equipment - 20% on cost. Kitchen Equipment - 10% on cost. Freehold Property - nil.
## Items of expenditure are capitalised when purchase price exceeds £500.
The trustees have reviewed freehold land and building and consider the carrying value of the building is equal to or below its residual value. They have therefore not provided depreciation on the building in the current financial year.
;
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## Waltham Forest Black People's Mental Health Association
Notes To Accounts Year Ended 31 March 2022
## 1.4 Capital Grants
Capital grants are treated in accordance with the SORP, they are recognised as incoming resources on receipt.
## 1.5 Restricted Funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.
## 1.6 Unrestricted Funds
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purposes and are available as general funds.
## 1.7 Pension
The pension costs charged in the financial statements represent the contributions payable by the organisation.
## 2 Incoming resources
2.1 Incoming resources from activities to further the charity's objects
|||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|
|||||Total|Total|
|||£|£|£|£|
|2.2|Earned Income|||||
||Directpayments||158691|158,691|66,013|
|||0|158,691|158,691|66,013|
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Waltham Forest Black People's Mental Health Association
2.3 Other Incoming Resources
## Notes To Accounts
Year Ended 31 March 2022
|2.3
Other Incoming ResourcesResources|||||
|---|---|---|---|---|
||Unrestricted|Restricted|2022|2021|
||||Total|Total|
||i|£|£|£|
|Contribution Towards Activities|||||
|Membership|||||
|Other Income|||||
|LuncheonClub||10,033|10,033|5,497|
|||10,033|10,033|5,497|
|2.4
Donations|||||
||Unrestricted|Restricted|2022|2021|
||||Total|Total|
||£|£|£|£|
|Fundraising||1,433|‘1,433|1,298|
|Sustainability Grant||7,600|7,600|56,877|
|HMRC- FurloughGrant||11,237|11,237|44,646|
|Other Income||59|59||
|Membership||300|300||
|||20,629|20,629|102,821|
|3.
Charitable actvities|||||
||Unrestricted|Restricted|2022|2021|
||||Total|Total|
||£|£|s|£|
|Activities (Before Contributions)||22|22|381|
|Clients' Welfare||173|173|314|
|LuncheonClub||5,627|5,627|2,597|
|Salaries||122,253|122,253|121,351|
|Employers' National Insurance||9,491|9,491|9,165|
|StaffPension Costs||16,124|16,124|15,873|
|Volunteers Expenses||60|60||
|Insurance||9,936|9,936|9,423|
|Light&Heat||2,914|2,914|2,807|
|Cleaning||2,492|2,492|6,068|
|Repairs andMaintenance||4,089|4,089|4,247|
|Printing, Postage and Stationery||234|234|530|
|SupportWorker -Cook||2,840|2,840|1,923|
|Telephone||3,025|3,025|3,728|
|ComputerRunning Expenses||1175|1,175|911|
|Hire ofEquipment||328|328|366|
|Management Expenses||200|200||
|Materials andConsumables||357|357|373|
|TravellingExpenses||63|63|70|
|TV Licence||159|159|158|
|General Expenses||337|337|558|
|Governance costs (seenote 4)||2,086|2,086|2086|
|Subscriptions|||0|163|
||0|183,985|183,985|183,092|
Of the £183,092 expenditure in 2021, all of it was charged to unrestricted funds.
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## Waltham Forest Black People's Mental Health Association
Notes To Accounts Year Ended 31 March 2022
|.|Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|
||£|£|£|£|
|4
Governance costs|||||
|Legal&Professional||576|576|576|
|Accountancy||1,500|1,500|1,500|
|BankCharges||10|10|10|
||0|2,086|2,086|2,086|
|5
Net income/(expenditure) fortheyear|||||
||||2022|2021|
|This isstated aftercharging|||||
|Accountancy services|||1,500|1,500|
|6
StaffCosts|||||
|°|||2022|2021|
||||£|£|
|Salaries|||122,253|121,351|
|Employer's NationalInsurance|||9,491|9,165|
|Employer's Pension Costs|||16,124|15,873|
||||147,868|146,389|
|Noemployeeearned inexcessof£60,000.|||||
|The averagenumber ofemployeeswas|||7|9|
||||7|9|
The amount paid to key management personnel included in salaries was £37,762. The trustees are considered as key management personnel but none of.them receives a salary.
## 7 Directors
The directors received no remuneration for their services and are not reimbursed for their expenses.
## 8 Pension Costs
The charity operates a defined contribution pension scheme. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the charity and amounted to £16,124 (2021 - £15,873).
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## Waltham Forest Black People's Mental Health Association
Notes To Accounts Year Ended 31 March 2022
## 9 Fixed Assets
|9
Fixed Assets|||||
|---|---|---|---|---|
||Furniture||||
||Fixtures&|Freehold|Kitchen||
||Equipment|Property|Equipment|Total|
||E|Bes|£|£|
|Cost
-|||||
|||;|||
|At 1April2021|60,301|351,495|46,282|458,078|
|Addition|||||
|At31 March2022|60,301|351,495|46,282|458,078|
|Depreciation|||||
|At 1 April2021|60,301|28,120|46,282|134,703|
|Charge fortheyear
At31 March2022|60,301|28,120|46,282|0
134,703|
|NetBookValue|||||
|At31 March2022|0|323,375|0|323,375|
|At31March2021|0|323,375|0|323,375|
The freehold property is subject to a charge from Waltham Forest Health Authority.
|||2022|2021|
|---|---|---|---|
|||zi|£|
|10|Debtors|||
|Trade debtors||25,999|35,759|
|IncomeTaxRecoverable||25|25|
|||26,024|35,784|
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## Notes To Accounts Year Ended 31 March 2021
## 11. Creditors: Amounts falling due within one year
||:|2022||2021|||||
|---|---|---|---|---|---|---|---|---|
|||£||E|||||
|Trade|Creditors|10,730||10460|||||
|Accruals||1,500||1500|||||
|||12,230||11,960|||||
|12.|Restricted Funds||Balance|Movement inResources|Resources|°|Fixed|Balance|
||||at 1 April||||Asset|at31 March|
||||2021|Incoming|Outgoing||Purchase|2022|
||||£|£|£|||£|
|General Funding|||64,344|189,970|183,985|||70,329|
|RespiteHome|||3,604|||||3,604|
|Clients' Holidays|||16,895|||||16,895|
|Equipment Purchase andProperty Repairs|||6,290|||||6,290|
|Fixed|Assets||30,683|||||30,683|
||||121,816|189,970|—183,985||0|127,801|
Restricted funds represent funds received for specific purposes. Any balance at the year end is committed and will be used for the same purpose in the following year. As shown in note 13, at 31 March 2022, there were sufficient cash resources to meet the requirements of the fund.
|13.|Analysis ofNetAssets Between Funds|||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Designated|Total|
|||£|£|£|£|
|Current Assets||97,118|11,250|50,000|158,368|
|FixedAssets|Assets|30,683|292,692||323,375|
|||127,801|303,942|50,000|481,743|
## Designated Fund
This is a fund set up to cover the cost of closing the charity if it ever becomes necessary.
14. ‘Related Party Disclosures
There are no related party transactions for the year ended 31 March 2021
## 15. _Legal status of the charity
The charity is a company limited by gurantee and has no share capital. In the event of the charity being wound up, the liability in respect of the gurantee is limited to £1 per member of the charity
16. Corporation Tax
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable activities.
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