2022-03-31-accounts

			Page
Reference and administrative details ofthe charity,		its Trustees and advisers
Letters from	the Chair and the CEO
Trustees' report			3-12
Independent	auditor's report on the financial statements		13-16
Consolidated	statement offinancial activities		17
Consolidated	balance sheet		18
Charity balance sheet			19
Consolidated	statement ofcash flows		20
Charity statement ofcash flows			21
Notes to the	financial statements		22-41

[school] Pathways to Professions
Secondary (Clothworkers Foundation)
[school] Pathways to Professions Primary and Secondary (Marsh McLennan)	[local borough] Lewisham BME Network (Lewisham Council)
[school) Pathways to Professions and
Life skills 6w Form (Bardays)
					Connecting	People and
[school] Building Indusive Futures: At					Places
Risk (Ardea Partners)	[pan-London] Love, Sex,		Life	LSL
	partnership Project
[school] Building Inclusive Futures:	(Lambeth, Southwark,	and Lewisham
Creative and Entrepreneurial Pathways	councils via lead project		partner
(TK Maxx Home sense Foundation)	Brook)
	Partners: Naz, Shape History,			and
[higher education] Deloitte x Blueprint for	Brook
All Bursary Programme
[higher education/early careers] Building
Futures and architecture bursaries
	Community Leadership	Academy
[early careers] ¹bemoreindusive Diverse	(Google via Tides- UK
Recruitment partnership programme	Standard Life Aberdeen	Charitable
with urban	Foundation- pan London		w/ LSLand		Architecture	Advisory	Board
	Croydon focus
[early careers] Financial and Creative	Garfield Weston Foundation-			London
Pathways (AMEX)	The City Bridget Trust-	London)
[early careers] Entrepreneurial Pathways
(The PFAC)
[early careers] Pathways to Employment
(Mercers)

			R~t' t d ~d	~U"	Rd d funds	Toad funds	To/a/ funds
			2022		2022	2022	2021
		5gte	6		F	E	8
Income from:
Donations and legacies			619,345	1,928,855		2,548,200	5j877,424
Charitable activities:
Rent and room hire income					111,352	111,352	112433
Speakers' fees					500	500
Other charitabkt	activities						7,515
Other trading activities					51,750	51,750	29,300
Investments						968	1,124
Other income					52,085	52,085	35,476
Total Income			619,345	2,145,510		2,764,855	8,063,272
Expenditure on:
Raising funds		9			480,507	480,507	664,083
Charitable activities:		10
Direct Charitable	Costs		605,445		407,477	1,012,922	482,060
Centre Depreciation			49,606		14,364	63,970	34,000
Other expenditure					54,257	54,257
Total expenditure			655,051		956,605	1,611,656	1,180,143
Net (expenditure)/income			(35,706)	1,188,905		1,153,199	4,883,129
Transfers between	funds	20	20,200		(20,200)
Net movement In	funds		(15,506)	1,168,705		1,153,199	4,883,129
Reconciliation of	funds:
Total funds brought	forward		1,724,747	5,576,337		7,301,084	2,417,955
Net movement in funds			(15,506)	1,168,705		1,153,199	4,883,129
Total funds carried forward			1,709,241	6,745,042		8,454,283	7,301,084

CONSOLIDATED	BALANCE SHEET
AS AT 31 MARCH	2022
				2022		2021
		Note		5		5
Fixed assets
Tangible assets		18		1,875,553		1,894,240
				1,875,553		1,894,240
Current assets
Debtors		16	231,423		214,332
Cash at bank and in hand			6,482,978		5,313,940
			6,714,401		5,528,272
Creditors: amounts	falling due within one
year		17	(135,671)		(121,428)
Net current assets				6,578,730		5,406,844
Total assets less current liabilities				8,454,283		7,301,084
Total net assets				8,454,283		7,301,084
Charity funds
Restricted funds		20		1,709,241		1,724,747
Unrestricted funds		20		6,745,042		5,576,337
Total funds				8,454,283		7,301,084

			ate		2022 6		2021f
Fixed assets
Tangible assets			18		1,875,553		1,894,240
Investments			19		1
					1,875,554		1,894,240
Current assets
Debtors			16	263,029		181,984
Cash at bank and	in hand			6,448,302		5,313,939
				6,711,331		5,495,923
Creditors: amounts	falling due within one
year			17	(132,602)		(106,079)
Net current assets					6,578,729		5,389,844
Total assets less	current liabilities				8,454,283		7,284,084
Net assets excluding		pension asset			8,454,283		7,284,084
Total net assets					8,454,283		7,284,084
Charity funds
Restricted funds			20		1,709,241		1,724,747
Unrestricted funds			20		6,745,042		5,559,337
Total funds					8,454,283		7,284,084

FOR THE	YEAR ENDED 3	1 MARCH 2	022
						2022	2021
						6	5
Cash flows from operating		activities
Net cash	used in operating	activities				1,203,132	4,789,785
Cash flows from investing		activities
Dividends,	interests and rents from investments					968	1,124
Purchase	oftangible fixed assets					(35,060)	(46,875)
Net cash	used in investing	activities				(34,092)	(45,751)
Cash flows from financing		activities
Net cash	provided by financing activities
Change in cash and cash		equivalents	in	the year		1,169,040	4,744,034
Cash and	cash equivalents	at the beginning		ofthe year		5,313,939	569,905
Cash and	cash equivalents	at the end	of	the year		6,482,979	5,313,939
The notes	on pages 22 to 41 form part ofthese financial				statements

FOR TH	E YEAR ENDED 3	1 MARCH 20	22
					2022	2021
					F
Cash flows from operating		activities
Net cash	used in operating	activities			1,168,456	4,789,785
Cash flows from investing		activities
Proceeds	from the sale of intangible assets				968	1,124
Purchase	of intangible assets				(35,060)	(46,875)
Net cash	used in investing	activities			(34,092)	(45,751)
Cash flows from financing		activities
Net cash	provided by financing activities
Change	in cash and cash	equivalents	in	the year	1,134,364	4,744,034
Cash and	cash equivalents	at the beginning		ofthe year	5,313,939	569,905
Cash and cash equivalents		at the end	of	the year	6,448,303	5,313,939

	Restricted	Unrestricted	Total
	~fnds	~fun s	funds
	2022	2022	~222
	E	E	E
Donations		1,928,855	1,928,855
Grants	619,345		619,345
	619,345	1,928,855	2,548,200
	Restricted	Unrestncted	Total
	funds	funds	funds
	2021 E	2021 f	2021f
Donations		5,425,098	5,425,098
Grants	452,326		452,326
	452,326	5,425,098	5,877,424

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2II22	2021
			E	E	E
Rent	and room	hire	111,352	111,352	112,432
Other	charitable	activities	500	500	7,516
Total	2022		111,852	111,852	119,948

Unrestricted	Total	Total
funds	funds	funds
2022	2022f	2021f
51,750	51,750	29,300

Unrestricted	Total	Total
funds	funds	funds
2022f	2022f	2021f
968		1,124

			Unrestricted	Total
			funds	funds
			2022 F	2022f
Sundry	income		52,085	52,085
		Restncted	Unrestricted	Tote/
		funds	funds	funds
		2021 f	2021	2021f
Sundry	Income	25,346	10,130	35,476

				~Utah&	Total	Total
				fggdss	funds	funds
				29k2f	gOOg 6	2021
Direct fundraising				44,043		53,079
Wages and salaries				197,188	197,188	129,499
Social security				19,595	19,595	12,868
Pension				3,538	3,538	2,323
Allocated centrally costs	incurred	fundraising	and governance	198,400	198,400	454,013
				462,764	462,764	651,782

				~ota	Total
				funds	funds
				2922 E	2021f
Trading expenses			14,118	14,118	2,700
Trading staff costs					7,609
Administration expenses			3,625	3,625	1,992
			17,743	17,743	12,301
Reconclgatio ofexpenditure		on raising funds tothe SOFA
				f022	2021f
Costs of raising voluntary	income (see above)			462,764	651,782
Other trading expenses (see		above)		17,743	12,301
Raising funds per SOFA				480,507	664,083

						Restricted	ggreZtrLtted	T~ota
						~nd	funds	funds
						gg22	2022	f022
							E	E
Education,	Equality,	Diversity	and	Social	Cohesion	655,051	421,841	1,076,892
						Restricted	Unrestricted	Total
						funds	funds	funds
						2021 f	2021	2021
Education,	Equality,	Diversity	and	Social	Cohesion	336,938	179,122	516,OSO

				~Tote
			~n
		f022	2022	2022
			E	F
Direct Charitable	Costs per SOFA	605,445	407,477	1,012,922
Centre Depreciation		49,606	14,364	63,970
Total per Note 10		655,051	421,841	1,076,892
		Restlfcled	Unrestricted	Total
		funds	funds	funds
		2021	2021	2021
				E
Direct Charitable Costs per SOFA		302,938	179,122	482,060
Centre Depreciation		34,000		34,000
Total per Note 10		336,938	179,122	51S,OSO

	~Ure	' ted tgc	Total	Total
		fgnnls	4rrd	funds
		2022 E	f022f	2021 E
Other expenses		13,545	13,545
Wages and salaries - non-charitable		38,038	38,038
Nl - non-charitable		2,112	2,112
Pension costs -non-charitable		562	562
		54,257	54,257

					ttgiivities
					undertaken	~Su	~ota
					direiy	costs	~rrds
					2022 E	2022 f	f022 E
Direct costs - Education,			Equality,	Diversity and Social
Cohesion					566,728	510,164	1,076,892
					Act/vfties
					undertaken	Support	Total
					directly	costs	funds
					2021f	2021 f	2021 E
Education,	Equality,	Diversity and		Social Cohesion	204,568	311,492	516,060

										~Tots	Total
										funds	funds
										f022	2021
										6	6
	Staff costs									221,196
	Depreciation									5,945	10,156
	Office and general			costs						145,138	22S,963
	Premise costs									29,376	20,103
	Staffing costs		(non-payroll)							108,507	54,270
										510,164	311,492
13.	Auditor's remuneration
											2021
	Fees payable	to the		charity's	auditor	for the audit ofthe charity's			annual
	accounts									8,500	8,100
	Fees payable	to the		charity's	auditor	in	respect of:
	Fees payable	to the		charity's	auditor	in	respect ofthe preparation		ofthe
	financial statements			ofthe charity's		subsidiaries				1,260	1,200
	Fees payable	to the		charity's	auditor	in	respect ofthe auditing	of	accounts
	ofthe charity's		subsidiaries							1,740
	Consolidagon	and audit ofconsolidated					financial statements			3,500
14.	Staffcosts
							Group im22 E		Group 2021	Charity 29' 6	Charity 2021 6
	Wages and salaries						739,107		568,792	739,107	561,979
	Social security		costs				71,777		13,570	71,777	12,8S8
	Conbibution to		defined conbibution			pension
	schemes						13,140		2,417	13,140	2323
							824,024		584,779	824,024	577,170

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		)4o.	No.	)4o.	No.
Staff excluding	directors	20	15	20	15
Directors		7	7	7	7
		27	22	27	22

		Group f00	Group 2021 f	Charity ~ f	Chan'iy 2021 f
Trade debtom		56,102	47,992	42,747	35,692
Amounts owed by group undertakings				4,250
Other debtors		165,004	137,732	205,715	137,732
Prepayments	and accrued income	10,317	28,608	10,317	8,560
		231,423	214,332	263,029	181,984

			Group	Group	Charity	Charily
			f022 f	2021 f	~202f	2021f
Trade creditors			34,419	40,309	34,409	34,318
Other taxation	and social security		27,032	23,887	27,032	23,887
Other creditors			14,131	4,229	14,132	4,228
Accruals and deferred		income	60,089	53,003	57,029	43,64S
			135,671	121,428	132,602	10S,079

			Group ~2f	Group 2021	Charity f002f	Chanly 2021f
Deferred	income at 1 April		21,671	1,964	21,671	1,964
Amounts	deferred	during the year	31,638	21,671	31,638	21,671
Amounts	released	to the Statement of
Financial	Activities		(21,671)	(1,964)	(21,671)	(1,964)
Deferred	income	at 31 March	31,638	21,671	31,638	21,671
					gg22 f	2021 f
Breakdown ofdeferred income
Barclays Bank					30,000
The Tides Foundation						20,000
Room hire in advance					1,638	1,671
					31,638	21,671

	Freehold	Fixtures and	Computer
	property	fittings	equipment	Total
	5	8
Cost or valuation
At 1 April 2021	2,000,000	75,472	58,883	2,134,355
Additions		16,859	18,201	35,060
At 31 March 2022	2,000,000	92,331	77,084	2,169,415
Depreciation
At 1 April 2021	170,000	32,206	37,909	240,115
Charge for the year	34,000	7,988	11,759	53,747
At 31 March 2022	204,000	40,194	49,668	293,862
Net book value
At 31 March 2022	1,796,000	52,137	27,416	1,875,553
At 31March 2021	1,830,000	43,266	20,974	1,894,240

	Investments
	in
	subsidiary
	companies
charity	8
Cost or valuation
At 1 April 2021
At 31 March 2022
Net book value
At 31 March 2022
At 31March 2021

					Balance at
	Balance at 1			Transfers	31 March
	April 2021	Income 8	Expenditure E	In/out 6	2022 f
Unrestricted funds
General Funds	5,576,337	2,145,510	(956,605)	(20,200)	6,745,042
Restricted funds
The Stephen Lawrence Centre	1,395,640		(34,000)		1,361,640
Other Tangible Assets	27,077		(5,921)		21,156
Career Strand Programmes	206,755	511,845	(454,931)		263,669
Societies Strand Programmes	87,276	107,500	(132,000)		62,776
Community Programmes	7,999		(28,199)	20,200
	1,724,747	619,345	(655,051)	20,200	1,709,241
Total offunds	7,301,084	2,764,855	(1,611,656)		8,454,283

Statement offunds	- prior year
						Balance at
		Balance at			Transfers	31March
		1Apnl 2020 f	Income f	Expenditure f	in/out f	2021
Unrestricted funds
General Funds		796,838	5,573,299	(789,390)	(4,410)	5,576,337
Restricted funds
The Stephen Lawrence Centre		1,429,640		(34,000)		1,395,640
Other Tangible Assets		28,734		(1,658)		27,0T6
Career Strand Programmes		103,551	276,754	(173,550)		206,T55
Societies Strand Programmes			23,072	(15,072)		8,000
Community Programmes		17,366	152,500	(82,590)		87,276
Stephen Lawrence	Day
Programme		41,826		(46,236)	4,410
Furlough Fund			25,346	(25,346)
		1,621,117	477,672	(378,452)	4,410	1,724,747
Total offunds		2,417,955	6,050,971	(1,167,842)		7,301,084

Analysis	of n	et assets between funds - curre	nt year
			Restricted	Unrestncted	Total
			funds	funds	funds
			2022 E	2022f	2022f
Tangible	fixed	assets	1,394,074	481,479	1,875,553
Current	assets		345,167	6,369,234	6,714,401
Creditors	due	within one year	(30,000)	(105,671)	(135,671)
Total			1,709,241	6,745,042	8,454,283

							Restncted	Unrestricted	Totai
							funds	funds	funds
							2021 f	2021 f	2021f
	Tangible	fixed assets					1,422,717	471,523	1,894,240
	Current assets						322,029	5,206,242	5,528,271
	Creditors	due within	one year				(20,000)	(101,428)	(121,428)
	Total						1,724,746	5,576,337	7,301,083
22.	Reconciliation of net movement			in funds	to	net cash flow	from operating	activities
						Group	Group	Charity	Charity
						2022f	2021f	2022f	2021f
	Nel income for the		year (as per Statement		of
	Financial	Activities)				1,153,199	4,883,129	1,170,199	4,866,130
	Adjustments for:
	Depreciation charges					53,747	46,944	53,747	46,944
	Dividends,	interests	and rents from
	investments					(968)	(1,124)	(968)	('1,124)
	Increase	in debtors				(90,150)	(164,190)	(81,045)	(164,190)
	Increase	in creditors				29,592	42,025	26,523	42,025
	Net cash	provided	by operating	activities		1,145,420	4,806,784	1,168,456	4,789,785
23.	Analysis	ofcash and cash equivalents
						Group	Group	Charity	Charity
						2022 f	2021 f	2022 f	2021 f
	Cash in hand					6,482,979	5,313,939	6,448,303	5,313,939
	Total cash and cash equivalents					6,482,979	5,313,939	6,448,303	5,313,939

						A~t1 A ril		At 31 March
						2021	~Cfl f	2022 6
						E
Cash	at	bank	and	in	hand	5,313,939	1,169,039	6,482,978
						5,313,939	1,169,039	6,482,978