| Page | ||
|---|---|---|
| Trustee Annual Report |
1-8 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activity | 10 |
| Balance Sheet | ||
| Cash Flow Statement | 12 | |
| Notes to the Financial Statements | 13 - 17 |
| 2023 | 2023 | 2023 | 2023 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Total | Total | |||
| Funds | Funds | Funds | Funds | Funds | |||
| Note | f | f. | |||||
| Income resources: | |||||||
| Income from charitable | activity | ||||||
| Grant income | 267,995 | 146,624 | 414,619 | 571,664 | |||
| Rental income | 84,848 | 84,848 | 59,689 | ||||
| Service charge | 2,860 | 2,860 | 1,581 | ||||
| Donations and legacies |
9,609 | 9,609 | 7,341 | ||||
| Other income | 2,910 | 2,910 | 102 | ||||
| Total incoming resources |
368,222 | 146,624 | 514,846 | 640,377 | |||
| Rescources expended: | |||||||
| Charitable activities |
3 | 316,290 | 262,196 | 578,486 | 505,777 | ||
| Total expenditure | 316,290 | 262,196 | 578,486 | 505,777 | |||
| Net income | 51,932 | (115,572) | (63,640) | 134,600 | |||
| Transfer between funds | (1,615) | 1,615 | |||||
| Net income for the year | 50,317 | (113,957) | (63,640) | 134,600 | |||
| Total funds brought | forward | 12 | 190,063 | 222,614 | 215,000 | 627,677 | 493,077 |
| Total funds carried forward | 12 | 240,380 | 108,657 | 215,000 | 564,037 | 627,677 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | f | ||||||
| Fixed assets | 97,221 | 68,915 | |||||
| Current assets | |||||||
| Debtors | 2,454 | 1,592 | |||||
| Cash at bank | and | in hand | 479,291 | 582,381 | |||
| 481,745 | 583,973 | ||||||
| Current Liabilities |
|||||||
| Creditors | 10 | 14,929 | 25,211 | ||||
| Total current | liabilities | 14,929 | 25,211 | ||||
| Net current | assets | 466,816 | 558,762 | ||||
| Total assets | less | current | liabilities | 564,037 | 627,677 | ||
| Funds | |||||||
| Unrestricted | funds | 12 | 240,380 | 190,063 | |||
| Restricted funds |
12 | 108,657 | 222,614 | ||||
| Designated funds |
12 | 215,000 | 215,000 | ||||
| 564,037 | 627,677 |
| Notes | Unrestricted | Designated | Restricted | Total | |
|---|---|---|---|---|---|
| funds | funds | funds | 2023 | ||
| F | F | F | f | ||
| Cash flows from operating activities |
|||||
| Net cash provided by (used in) |
|||||
| operating activities |
60,653 | (123,131( | ~(62,478 | ||
| Cash flows from investing activities |
|||||
| Purchase of property, plant and |
|||||
| equipment | (40,612 | (40,612) | |||
| Net cash provided by (used in) |
|||||
| investing activities |
(40,612) | (40,612) | |||
| Change in cash and cash equivalents in |
20,041 | (123,131) | (103,090) | ||
| Cash and cash equivalents at the |
|||||
| beginning ofthe reporting period |
125,617 | 215,000 | 241,764 | 582,381 | |
| Cash and cash equivalents at the end |
|||||
| ofthe reporting period |
b | 145,658 | 215,000 | 118,633 | 479,291 |
| (a) RECONCILIATION OF NET INCOME/(EXPENDITURE) |
TO NET CASH | FLOW FROM | OPERATING ACTIVITIES | ||
| Notes | Unrestricted | Designated | Restricted | Total | |
| funds F |
fundsf | funds | 2023 | ||
| Net income/(expenditure) for the |
|||||
| reporting period (as per SOFA) |
50,317 | (113,957) | (63,640) | ||
| Adjustments for non-cash items: |
|||||
| Depreciation charges (Gains)/losses on the sale offixed assets (Increase)/decrease in debtors Increase/(decrease) in creditors |
10 11 |
10,906 (862) 292 |
1,400 ~10574. 12,306 (862) (10,282) |
||
| Net cash provided by (used in) operating activities |
60,653 | ~123,13( | ~(62,478 | ||
| b) ANALYSIS OF CASH AND CASH EQUIVALENTS | |||||
| Notes | Unrestricted | Designated | Restricted | Total | |
| fundsf | fundsf | fundsf | 2023 f |
||
| Cash in hand |
145,658 | 215,000 | 118,633 | 479,291 | |
| Notice deposits (less than 3 months) | |||||
| Total cash and cash equivalents | 145,658 | 215,000 | 118,633 | 479,291 |
| Expenditure | on charitable | on charitable | activity | Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||||
| Note | f | |||||||
| Bank charges | 677 | 677 | 699 | |||||
| Health and safety |
3,325 | 3,325 | 3,750 | |||||
| Governance | costs | 850 | 850 | 750 | ||||
| Depreciation | 10,906 | 1,400 | 12,306 | 12,650 | ||||
| Insurance | 1,671 | 1,671 | 2,510 | |||||
| Computer expenses |
6,581 | 3,196 | 9,777 | 6,551 | ||||
| Postage and | packing | 461 | 461 | 450 | ||||
| Publications | and subscriptions | 1,510 | 1,510 | 1,859 | ||||
| Printing and |
stationery | 2,975 | 67 | 3,042 | 1,367 | |||
| Professional | fees | 3,604 | 3,604 | 7,525 | ||||
| Miscellaneous | 828 | 828 | 132 | |||||
| Telephone | 8,682 | 660 | 9,342 | 7,061 | ||||
| Client work | 8,041 | 1,081 | 9,122 | 6,851 | ||||
| Household expenses |
29,815 | 12,787 | 42,602 | 40,657 | ||||
| Salaries and | wages | 231,611 | 232,112 | 463,723 | 402,751 | |||
| Staff costs | 4,753 | 10,893 | 15,646 | 10,214 | ||||
| Total expenditure | 316,290 | 262,196 | 578486 | 505,777 | ||||
| Total 2022 | 319,150 | 186,627 | 505,777 | |||||
| Governance | costs | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
|||
| F | E | E | ||||||
| Independent | examiner's | fee | 850 | 850 | 750 | |||
| Total | 850 | 850 | 750 | |||||
| Total 2021 | 750 | 750 | ||||||
| Client work | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
||||
| E | ||||||||
| Clients | 3,322 | 3,322 | 5,109 | |||||
| Other | 1,037 | 1,037 | 703 | |||||
| Counselling | 169 | 381 | 550 | 360 | ||||
| Room hire | 2,517 | 617 | 3,134 | |||||
| Refreshments | 997 | 82 | 1,079 | 622 | ||||
| Kids club-Trips | 8 activities | 57 | ||||||
| Total | 8 041 | 1 081 | 9 122 | 6851 | ||||
| Total 2022 | 5769 | 1 082 | 6 851 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Household | expenses | Funds | Funds | 2023 | 2022 | |||
| F | ||||||||
| Cleaning | 4,436 | 4,436 | 3,860 | |||||
| Furniture | 1,506 | 1,506 | 2,533 | |||||
| Premises | occupancy | payments | 12,000 | 12,000 | 12,000 | |||
| Repairs and | maintenance | 5,794 | 5,794 | 9,846 | ||||
| Playroom | 916 | 228 | 1,144 | 896 | ||||
| Soft furnishings | 833 | 833 | 3,138 | |||||
| Utilities | 4,330 | 12,559 | 16,889 | 8,384 | ||||
| Total | 29815 | 12787 | 42 602 | 40 657 | ||||
| Total 2022 | 40 657 | 40 657 | ||||||
| Salaries | and wages | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
|||
| Pension | 4,212 | 4,569 | 8,781 | 7,417 | ||||
| Wages | 207,587 | 197,390 | 404,977 | 357,026 | ||||
| Tax and | Nl | 19,812 | 17,820 | 37,632 | 30,322 | |||
| Sessional | staff | 12,333 | 12,333 | 7,970 | ||||
| Other payments | 16 | |||||||
| Total | 231 611 | 232 112 | 463 723 | 402 751 | ||||
| Total 2022 | 221 080 | 181671 | 402 751 | |||||
| Staff costs | Unrestricted Funds |
Restricted Funds |
2023 | 2022 | ||||
| f | ||||||||
| Training | and | supervision | 2,410 | 10,333 | 12,743 | 5,257 | ||
| Other | 923 | 923 | 3,841 | |||||
| Travel | 1,420 | 560 | 1,980 | 1,116 | ||||
| Total | 4 753 | 10893 | 15646 | 10214 | ||||
| Total 2022 | 9449 | 765 | 10214 | |||||
| No staff have been paid more than f60,000 for the year. | ||||||||
| Debtors | 2023 | 2022 | ||||||
| f. | ||||||||
| Debtors | 2,314 | 1,492 | ||||||
| Loan | 140 | 100 | ||||||
| 2 454 | 1 502 | |||||||
| 10. | Creditors | 2023 | 2022f | |||||
| Other creditors | 2,804 | 2,212 | ||||||
| Deferred | income | 11,375 | 21,949 | |||||
| Accruals | 750 | 1,050 | ||||||
| 14929 | 25 211 |
| 11.Tangible fixed assets | Leasehold | Fixtures & | Computer | Cabin | Total |
|---|---|---|---|---|---|
| Cost | Improvement f. |
Fittings | Equipment f |
F | f |
| As at 31 March 2022 | 41,421 | 19,141 | 14,799 | 14,889 | 90,250 |
| Additions | 39,510 | 1,102 | 40,612 | ||
| As at 31 March 2023 | 80,931 | 19,141 | 15,901 | 14,889 | 130,862 |
| Depreciation | |||||
| As at 31 March 2022 | 2,071 | 5,531 | 5,125 | 8,608 | 21,335 |
| Charge for the year | 1,976 | 4,785 | 3,975 | 1,570 | 12,306 |
| As at 31 March 2023 | 4,047 | 10,316 | 9,100 | 10,178 | 33,641 |
| Net Book Value | |||||
| As at 31 March 2023 | 76,884 | 8,825 | 6,801 | 4,711 | 97,221 |
| As at 31 March 2022 | 39,350 | 13,610 | 9,675 | 6,281 | 68,915 |
| As at 1 | Incoming | Outgoing | As at 31 | ||
| 12. Movement in funds |
April 2022 | Resources | Resources | Transfers | March 2023 |
| f | f | F | f | F | |
| Restricted funds | |||||
| London Community Foundation |
1,553 | (1,562) | |||
| Lloyds Bank | 45,981 | 13,973 | (50,719) | 9,235 | |
| The Big Lottery | 79,986 | 54,500 | (103,411) | 31,075 | |
| Counselling | 445 | 445 | |||
| City Bridge Trust | 5,852 | 25,375 | (30,300) | 927 | |
| City of London | 45,544 | (18,141) | 27,403 | ||
| The Open Foundation | 15,000 | 15,000 | |||
| BBCChildren in Need |
25,511 | 26,136 | (27,075) | 24,572 | |
| Support Groups 8 Drop-Ins |
17,742 | 11,640 | (30,988) | 1,606 | |
| Total restricted funds | 222,614 | 146,624 | (262,196) | 1,615 | 108,657 |
| Designated reserves |
215,000 | 215,000 | |||
| Unrestricted funds |
|||||
| Unrestricted funds |
190,063 | 368,222 | (316,290) | (1,615) | 240,380 |
| Total unrestricted funds |
190,063 | 368,222 | (316,290) | (1,615) | 240,380 |
| Total funds | 627,677 | 514,846 | (578,486) | 564,037 |