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2023-03-31-accounts

Page
Directors' and Trustees' Report 2-15
Auditor's
Report
16-18
Statement of Financial Activities 19
Balance Sheet 20
Statement ofcash flows 21
Notes to the Accounts 22 - 36

Unrestricted Restricted Total Total
Notes Funds Funds 2023 2022
6 6 F f
Income
Grants and donations 85,867 63,900 149,767 96,104
Income from charitable activities 207,488 822,626 1,030,114 1,023,678
Income from other trading activities 350 350
Investment
income
1,964 1,964
Total Incoming
resources
295,669 886,526 1,182,195 1 119,782
Expenditure
Cost of raising funds 6 36,620 36,620 23,975
Expenditure
on charitable
activities 6 304,139 755,256 1,059,395 1,173,134
Total Expenditure 340,759 755,256 1,096,015 1,197,109
Net income & net movement in funds for the
year (45,090) 131,270 86,180 (77,327)
Reconciliation
of funds
Total funds,
brought
forward 340,214 537,651 877,865 955,192
Total funds, carried forward 295 124 668,921 964,545 877,865

CAS H FLOW S TATEMENT AS AT 31 STMARCH 2023
2023f 2022f
Cash inflow from operating activities 60,019 13,163
Cash flows from investing activities
Interest income 1,964
Cash provided
by / (used
in) investing activities 1,964
Increase
in cash 8 cash equivalents
in the year
61,983 13,163
Cash &cash equivalents
at
the beginning of the year 957,573 944,410
Total cash &cash equivalents
at the
end ofthe year 1,019,556 957,573
2023f 2022
f
Net movement
in funds
86,180 (77,327)
Add back depreciation 903 985
Deduct interest income shown
in
investment activities
Deduct gains
/ add back losses on investment
(1,964)
(Increase)
/ decrease
in debtors (72,685) 17,198
Increase
/ (decrease)
in creditors 47,585 72,307
Net cash inflow from operating activities 60,019 13,163

GRANTS AND DONATIONS
Unrestricted Restricted
Funds Funds 2023 2022
6 6 6 6
Garfiekt Weston Foundation 40,000 40,000 40,000
John Armitage
Charitable
Trust
30,000 30,000
John Lyon's Chariiy 8,000
8,000
Westminster
Foundation
54,400
54,400
50,000
Other donations 10,867 1,500
12,367
6,104
AxiCom
—Donations
in kind
5,000 5,000
Total income from grants and donations 85,867 63,900
149,767
96,104
2022 46,104 50,000 96,104
The charity
is indebted
to AxiCom for
pro-bono advice service providing Public Relations agency support.
The
values
placed on these contributions
by AxiCom is recognised
within
income as donations, and corresponding
charge included
within
support costs under Legal and professional
costs.
INCOME FROIVI CHARITABLE ACTIVITIES
Unrestncted Restricted
Community
Engagement
Outreach:
Fundsf Funds
F
2023
E
2022
6
Grants and service level agreements:
Big Lottery Fund Grant
Reaching
Communities
The Kensington
+ Chelsea Foundation
The London
Community
Fund
Royal Borough of Kensington
8 Chelsea
Westminster
City Council
Westminster
Foundation
84,782
15,000
72,026
4,667
5,000
84,782
15,000
72,026
4,667
5,000
83,119
10,000
46,389
57,730
Young Westrrlnster
Foundation
Olher grants and contracts
& E5,000
55,238 55,238 55,929
4,280
236,713 236,713 257,447

INCOME FROM CHARITAB LE ACTIV IT IES (Cont/d)
Unrestricted Restricted
Funds
f
Funds
f
2023f 2022f
Totals Brought forward: 236,713 236,713 257,447
Fathers' Development:
Grants and service level agreements:
Best Beginning 5,000 5,000
Charles
Hayward
Foundation
15,000 15,000
London Borough of Lewisham 76,023 76,023 62,750
London Borough of Southwark 16,500 16,500 16,500
Pre-School Learning
Alliance
19,665
Race Equality
Foundation
20,872 20,872
Rayne Foundation
Westminster
City Council
Other grants,
contracts
and
Training
and other income
donations & f5,000 10,591
2,600
50
885 10,591
3,485
50
20,000
29,000
2,241
6,466
89,264 58,257 147,521 156,622
Boys' Development:
Grants and service level agreements:
Battersea Power Station Foundation 5,000 5,000 5,000
Gipsy
Hill Federation
Grove Trust
25,000 11,667 25,000
11,667
33,001
Royal Borough of Kensington &Chelsea 13,369 13,369 21,273
The Alan & Babette Sainsbury Charitable Fund 15,000 15,000
The Fishmongers'
Company
The Henry
Smith Charity
27,500 27,500 27,500
56,500
The Kensington
+ Chelsea
Foundation 27,000 27,000
The Progress
Foundation
20,000 20,000
United St Saviours Charity 27,000 27,000 30,000
Walcot Foundation 25,000 25,000 25,000
West London Zone 24,358 24,358 11,865
Westminster
Foundation
24,000 24,000
School contracts income 68,866 68,866 42,970
Other grants, contracts and donations & f5,000 3,054 3,054 4,606
118,224 198,590 316,814 257,715
Youth Development
and Training:
Grants and service level agreements:
John Lyon's Charity
Royal Borough of Kensington
& Chelsea
St Giles &StGeorge Education
Charity
40,000 40,000 40,000
3,611
15,000
Westminster
Amalgamated
Charity 7,000
Westminster
City Council
168,500 168,500 153,852
Westminster
Foundation
22,600 22,600 50,000
Young Westminster
Foundation
67,966 67,966 52,023
299,066 299,066 321,486
Community
Development:
Grants and service level agreements:
The Trusthouse
Charitable
Foundation 30,000 30,000 30,000
30,000 30,000 30,000
Resources:
Resources sales 408
408
Total income from charitable activities 207,488 822,626 1,030,114 1,023,678
2022 120,194 903,484 1,023,678

OTHER TRA DING INCOME
Unrestricted Restricted
Fundsf Funds
F
2023
f
2022
f
Consultancy income 350
350 350

Unrestricted Restricted
Fundsf Fundsf 2023f 2022
1,964 1,964
1,964 1,964
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NET INCOMING RESOURCES RESOURCES
Net incoming
resources
is shown after charging: 2023f 2022f
Depreciation
oftangible
Auditor's
remuneration
Operating
lease rentals
fixed assets owned
—year end accounts
by the charity 903
6,000
11,067
985
4,905
19261
ANALYSIS
OF
STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES, AND COST OF KEY
MANAGEMENT PERSONNEL
2023f 2022f
Salaries 706,302 825,166
National
Insurance
64,030 74,332
Pension 24,227 28,981
Redundancy 18,836
794,559 947,315

2023 2022
Number Number
Management
Community
Outreach
Fathers'
Development
Boys' Development
Youth Development and Training
Administrative work
20 25
TANGIBLE FIXEDASSETS
Furniture
&
COST Equipmentf Total
F
As at 1st April 2022 44,583 44,583
Additions
during year
Disposals
(31,765) (31,765)
As at 31stMarch 2023 12818 12818
DEPRECIATION
As at 1st April 2022
Charge for the year
Disposals
43,680
903
(31,765)
43,680
903
(31,765)
As at 31st March 2023 12,818 12,818
NET BOOK VALUES
As at 31stMarch 2022
903 903
As at 31st March 2023
DEBTORS
2023 2022
E E
Grant, contract and fee
Other debtors
Prepayments
income receivable 108,387
11,582
34,834
361
12,089
119,969 47,284

CREDITORS: a mounts
falling due within one year
2023f 2022f
Trade creditors
Social security
and other taxes
Other creditors
Accruais
Deferred
income (note 17)
47,269
11,382
1,194
19,996
95,639
12,752
20,903
6,025
20,883
67,332
175,480 127895

MOVEMENT
IN FUNDS
Balance Balance
RESTRICTED FUNDS: 01.04.22
6
Income
6
Expenditure
E
Transfers
6
31.03.23
6
tro/notary
income:
Esmhe Falrbairn
Foundation
Garflekl Weston Foundation
John Lyon's Charity 8,000 8,000
Westminster
Foundabon
41,172 54,400 45,375 50,197
Other grant and donations
income
&F5,000 1,500 1,500
Communily
Engagement
Outreach:
Big Lottery Fund Grant
Reaching
Communities
Royal Borough of Kensington
&Chelsea
17,118
19,553
84,782
72,026
32,250
20,713
69,650
70,866
The Kensington
& Chelsea Foundation
6,168 6,168
The Liam Seegar Memorial
Fund
3he London
Community
Fund
4,216 15,000 (4,216) 15,000
Westminster
City Council
21,341 4,667 21,926 4,082
Westminster
Foundation
5,000 10,179 5,179
Young Westminster
Foundation
Other grant and donabons
Income
&65,000 67,585
7,613
55,238 57,657
832
65,166
6,781
Fathers' Developmenti
Best Beginning
Charles
Hayward
Foundation
London
Borough of Lewisham
23,103 5,000
15,000
10,846
11,036
5,000
4,154
12,067
London Borough of Southwark 16,500 16,500
Race Equality
Foundation
20,872 15,491 5,381
Rayne Foundation 7,868 7,868
Westminster
City Council'
Fathers
Other grant and donabons
income
for Futures
& F5,000
6,315
5,918
6,315
5,797
1,006
Boys' Development.
Battersea Power Station Foundation 1,194 5,000 6,194
Gipsy
Hill Federation
14,330 14,330
Grove Trust 738 11,667 12,405
Royal Borough of Kensington
&Chelsea
The Alan & Babetle Salnsbury
Charitable
Fund 7,303 13,369
15,000
6,097
2,448
14,575
12,552
The Fishmongers'
Company
12,620 27,500 28,662 11,458
The Henry
Smith Charity
18,331 18,331
The Kensington
+ Chelsea
Foundafion
The Liam Seegar Memorial
Fund
The Progress
Foundation
United StSavtours
Charity
8,678 27,000
1,969
20,000
27,000
18,748
14,639
4,216 8,252
6,185
20,000
21,039
Wabot Foundabon 875 25,000 17,542 8,333
Westminster
Foundation
24,000 8,502 3,499 18,997
Other grant and donations
income
& 65,000 1,085 1,085
Youth Development
and Training.
Evening
Standard
Dispossessed
John Lyon's Charity
Fund 9,269 40,000 39,269 10,000
St Giles & StGeorge Education Charity 25,904 3,650 22,254
Westminster
Amalgamated
Charity
8,969 8,969
Westminster
City Council
64,178 168,500 127,234 105,444
Westminster
City Council
Community
Development 7,791 7,791
Westminster
Foundabon
84,443 22,600 51,598 (8,678) 46,767
Young Westminster
Foundabon
Other grant and donations
income
& 65,000 17,101
20,407
67,966 53,502
15,257
31,565
5,150
Orgsnisafional
Development
The Trusthouse
Chantable
Foundabon
7,550 30,050 7,500
Total restricted
funds
537,651 886,526 755,256 668,921
UNRESTRICTED FUNDS
General funds 300,214 300,759 (40,000) 255,124
Designated
fund
40,000 40,000 40,000
Total unrestricted
funds
340,214 295,669 340,759 295,124
Total funds 964,045

Movement
in funds compara
t ive (20 22)
Balance Balance
01.04.21 Income Expenditure Transfers 31.03.22
RESTRICTED FUNDS: 6 6 E E 6
Vo/untary
income:
Paul Hamlyn
Foundation
30,946 30,946
The Tudor Trust 28,871 28,871
Westminster
Foundabon
52,798 61,626 41,172
Community
Engagement
Oulreachi
Big Lottery
Fund Grant
Reaching
Communibes
Grenfell Young People's
Fund
Royal Borough of Kensington
& Chelsea
The Kensington
& Chelsea Foundation
34,702
12,359
6,354
4,714
83,119
46,388
10,000
100,703
12,359
33,190
8,546
17,118
19,553
6,168
The Uam Seegar Memonal
Fund
Westminster
City Council
Young Westminster
Foundation
Other grant theone
&65,001
DonaUons
& 65,001
5,901
59,059
5,163
100
57,730
55,929
3,430
1,685
36,388
47,403
1,080
4,216
21,342
67,586
7,513
100
Fathers' Deveropm anti
Grounrksork:
London
Community
Response Fund 8,433 2,040 5,869 (4,604)
London Borough of Lewtsham 15,304 62,750 54,951 23,103
London Borough of Soulhwark 16,500 16,500
Pre-School Learning
Alliance
19,665 19,665
Rayne Foundation
Westminster
City Council. Fathers
Other grant income
&F5,001
for Futures 15,329
32,160
5,277
20,000
29,000
150
27,461
54,845
7,868
6,315
5,377
Donations 490 51 541
Boys ' Deva/rsxnent
Alan & Babette Sainsbury
Charitable
Fund 2,052 2,052
Battersea Power Station Foundation 5,000 3,806 1,194
Gipsy
Hill Federation
Grove Trust
5,454
25,275
33,001 24,125
24,537
14,330
738
Paul Hamlyn
Foundation
Royal Borough of Kensington
8
The Fishmangers'
Company
the Henry
Smith Charity
United StSaviours
Charity
Chelsea 14,035
13,608
8,652
21,273
27,500
56,500
30,000
14,035
27,578
14,880
46,821
21,322
7,303
12,620
18,331
8,678
INalcot Foundation 25,000 24,125 875
Windmill
Cluster of Schools
3,384 6,800 10,184
Other grants and contracts
& F5,001
4,607 4,607
Youth Development
and Training
BBCChildren
in Need
8,485 8,485
Groundwork
London
Conxnunity
Response Fund 3,906 8,510
John Lyon's Charity 40,000 30,731 9,269
Royal Borough of Kensington
8 Chelsea
St Giles & StGeorge Education
Charity
Westminster
Amalgamated
Charity
15,000
3,067
3,611
15,000
7,000
3,611
4,096
I,098
25,904
8,969
Westminster
City Council
62,410 89,417 87,649 64,178
INeslminster
City Council
Community
Westminster
Foundation
Development 7,791
63,458
50,000 29,015 7,791
84,443
Young Westminster
Foundation
Other grant income
& 65,001
Donations
and sale offixed assets
17,955
6,774
52,023 34,922
4,321
17,101
13,634
6,774
Organlsalional
Development
'The Trusthouse
Chantable
Foundabon
22,450 7,550
Global Fund for Chiklren 6,202 6,202
Total restricted
funds
585,467 953,484 1,001,300 537,651
UNRESTRICTED FUNDS
General funds 285,725 166,298 111,809 (40,000) 300,214
Designated
fund
84,000 40,000 40,000
Total unrestricted
funds
369,725 166,298 195,809 340,214
Total funds 955,192 1,119,782 1,197,109 877,865

ANALYSI S OF FUND BALAN CES BET WEEN NET ASSETS WEEN NET ASSETS
Unrestricted
General
f
Designated
f
Restricted
f
Total
F
Tangible fixed assets
Net current assets 255, 124 40,000 668,921 964,045
255, 124 40,000 668,921 964,045
Analysis offund balances between net assets comparative (2022):
Unrestricted
General
f
Designated
f
Restricted
f
Total
f
Tangible fixed assets 903 903
Net current assets 299,311 40,000 537,651 876,962
300,214 40,000 537,651 877,865

The cha rity has operating
lease commitments
relati
ng
to its property
rental as shown
below.
2023 2022
f. F
Rent
Within 1 year 19,582 7,840
Within 2- 5years 120,071 4,573
Over 5 years 15,009
154,662 12,413

DEFERRED INCOME
2023
F
2022f
Balance as at 1st April
Amount
released
to income
in the year
Amount deferred
in the year
67,332
(65,674)
93,981
5,274
(3,616)
65,674
Balance as at 31st March 95,639 67,332
2023f 2022f
Schools' (Boys' Development)
contracts
28,194 5,000
Westminster
City Council (Father's
Development)
Westminster
City Council (Youth Development)
contract
grant
14,827 42,708
LB Lewisham
(Father's
Development)
contract
12,627
The Grove Trust (Boys' Development)
grant
8,333
John Armitage
Charitable
Trust (Core) grant
Young Westminster
Foundation
(Youth Development)
Other contracts
grant 30,000
1,658
17,966
1,658
95,639 67,332