# ## |||||Page| |---|---|---|---|---| |Report ofthe|Trustees|||| |Independent|Examiner's|Report||12| |Consolidated|Statement|of Financial|Activities|13| |Consolidated|and Charity|Balance Sheets||14| |Notes to the|Consolidated|Financial|Statements|15-25| ## ## |The Trustees
serving
during
|the fiscal year 2021-22 were as follows (name and position):|the fiscal year 2021-22 were as follows (name and position):| |---|---|---| |Linda Robson|President
(appointed
16March, 2020)|| |Amy Garcia|President-Elect
(appointed
08 March, 2021)|| |Emily Healy|Executive Vice-President
(appointed|26 May, 2021)| |Feyi Adegebohun|Finance
Director (appointed
26 May, 2021)|| |Rebecca Thorne|Nominating
Director (appointed
26|May, 2021)| |Susanna
Pitts Teixidor|Non Executive Director (appointed|21 May, 2019)| |Gloria Walker|Non Executive Director (appointed|21 July, 2020)| |Kristin
Kilshaw|Non Executive Director (appointed|21 July, 2020)| |Isobel Jewell|Non Executive Director (appointed|26 May, 2021)| |Tonya Holmes|Non Executive Director (appointed|26 May, 2021)| |Tamsin Davies|President
Elect - Elect (appointed
10 March, 2022)|| ## |1. Reference|and|Administrative
Details
of the Charity,|Administrative
Details
of the Charity,|its Trustees|its Trustees|and|and|Advisers|Advisers|(continued)| |---|---|---|---|---|---|---|---|---|---|---| |Professional|Support|||||||||| |Independent|Examiner:||John Howard
FCA, Azets|||||||| ||||2nd Floor, Regis House, 45 King William||Street,|London,|||EC4R|9AN| |Bankers:|||CAF Bank Limited|||||||| ||||PO Box289, West Mailing,
Kent ME194TA|||||||| ||||HSBC|||||||| ||||79 Piccadilly,
London, W1J SEU|||||||| |Bookkeepers:|||Paula
Cairey Consultancy|||||||| ||||20 Adelina
Mews, London,
SW12|OBGH||||||| |Solicitors:|||Morgan,
Lewis & Bockius UK LLP|||||||| ||||Condor House 5-10St. Paul's
Churchyard,||London||EC4M SAL|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|2022|2022|2022|2021| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||Funds|Funds|Funds|Funds| |Incoming
resources||||||||| |Incoming
resources
from||generated||||||| |funds:||||||||| |Donations
and legacies|||||38,593|6,000|44,593|40,853| |Charitable
activities|||||69,273||69,273|84,722| |Interest
received|||||44||44|137| |Government
Grants|||||2,198||2,198|8,130| |Total incoming
resources|||||110,108|6,000|116,108|133,842| |Resources expended||||||||| |Raising funds||||||||| |Costs of generating
voluntary
Cost of fundraising
trading|||income||11,176
22,625||11,178
22,625|11,780
20,973| |Charitable
activities||||||||| |Community
programmes|||||59,687|6,000|65„687|68,319| |Member
training
and development
Promotion
of voluntary
service|||||23,604
9,315|875|24,479
9,315|26,475
9,815| |Total resources
expended|||||126,409|6,875|133,284|137,362| |Net incoming
resources||before transfers|||(16,301)|(875)|(17,176)|(3,520)| |Transfers
between
funds||||||||| |Net movement
in funds|||||(16,301)|(875)|(17,176)|(3,520)| |Total funds
brought
forward|||||298,762|8,560|307,322|310,842| |Total funds carried forward||||13|282,461|7,685|290,146|307,322| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Accounting
policies (continued)||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |1.8|Debtors||||||||||| ||Other
debtors
are recognised
at the settlement
amount
due.||Prepayments|are|||valued||at|the amount|| ||prepaid.
Accrued income is measured
at the amount
due to be received.||||||||||| |1.9|Cash at bank and in hand||||||||||| ||Cash
at bank
and cash
in hand
includes
cash
and|short
term
highly
liquid|||investments
with a short||||||| ||maturity
of three
months
or less
from
the
date
of|acquisition
or opening||of|||the
deposit|||or similar|| ||accounts.||||||||||| |1.10|Creditors||||||||||| ||Creditors
are recognised
where
the charitable
company
has a||present
obligation|||||resulting
from a past|||| ||event
that
will
probably
result
in the transfer
of funds|to a third
party
and the|||amount
due|||||to settle|the| ||obligation
can be measured
or estimated
reliably.||||||||||| ||Other creditors
and accruals are recognised
at their settlement
amount
due.||||||||||| ||Financial
instruments||||||||||| ||The charitable
company
only
has financial
assets
and|financial|liabilities
of|a|kind|||that|qualify as basic||| ||financial
instruments.
Basic
financial
instruments
are
initially||recognised|at|||transaction|||value|and| ||subsequently
measured
at their settlement
value.||||||||||| |1.12|Judgements
and key sources ofestimation
uncertainty||||||||||| ||Accounting
estimates
and judgements
are continually|evaluated|and are based|||on||historical||experience|| ||and
other factors,
including
expectations
of future
events
that||are believed|to|be|||reasonable
under|||the| ||circum stances.||||||||||| ||The
following
judgements
(apart
from
those
involving|estimates}
have
been|||made
in||||the|process|of| ||applying
the above accounting
policies that have had the most||significant
effect||||on amounts|||recognised|| ||in the financial
statements:||||||||||| ||Useful economic lives oftangible
assets||||||||||| ||The
annual
depreciation
charge
for tangible
assets|is sensitive
to changes||||in||the
estimated
useful|||| ||economic
lives and residual
values
of the assets. The|useful economic
lives||and|||residual||values are||re-| ||assessed
annually.
They
are
amended
when
necessary
to
reflect
current||||||estimates,|||based|on| ||technological
advancement,
future
investments,
economic
utilisation
and
the||||physical||||condition
of||the| ||assets. See note 9 for the carrying
amount
of the property
plant
and
equipment,|||||||and|note|1.7 for|the| ||useful economic
lives foreach class ofassets.||||||||||| ||There are no key assumptions
concerning
the future
and other||key sources|of|estimation
uncertainty||||||at| ||the reporting
date that have a significant
risk of causing a material
adjustment|||to||the carrying||||amounts|of| ||assets
and liabilities
within the next financial
year.||||||||||| ||Operating
leases||||||||||| ||Rentals
applicable
to operating
leases
where
substantially
all||of the benefits||||and
risks of ownership||||| ||remain
with the lessor are charged
to the Statement
of|Financial|Activities as|incurred,|||||||| |1.14|Project Funding||||||||||| ||Full provision
is made
in the accounts
for the costs of|new projects at the time||||of||inception||on the basis|| ||that a constructive
obligation
arises.
Unspent
balances|are included
within creditors.|||||||||| ## ## ## ## ## ## ## ## ## ||||| |---|---|---|---| |Donations
and legacies||2022|2021| |Grants,
donations
and sponsorships
Annual
fund
Amount
recovered
under
gift aid
Gifts in kind:||9,726
2,866
1,629|9,443
3,272
1,498| |Holiday
Hampers
Member development
Other community||25,205
5,167|25,060
1,580| |||44,593|40,853| |Income from charitable|activities|2022|2021| |||R|R| |Membership
dues||40,853|47,162| |Fundraising
events and campaigns
Living
in London||25,386
620|33,559
357| |Other income||2,414|3,644| |||69„273|84,722| ## ## ## |4.|Analysis
of|Total|Total|Resources|Resources|Resources|Expended|Expended||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Direct|||Support||Total|Total| ||||||||||Activities|||||Costs|2022|2021| ||||||||||||||(note 5)|||| |||||||||||||||E||| ||Raising funds:|||||||||||||||| ||Costs of generating||||voluntary||income|||||||11,178|11,178|11,780| ||Cost of fundraising|||trading||||||8,653||||13,972|22,625|20,973| ||Charitable
activities|||||||||||||||| ||Community|programmes||||||||53,577||||12,110|65,687|68,319| ||Member training||and||development|||||15,164||||9,315|24,479|26,475| ||Promotion
ofvoluntary|||||service||||||||9,315|9,315|9,815| |||||||||||77,394||||55,890|133,284|137,362| ||Principal
items included|||||within|the|categories||shown above||are:||||| ||||||||||||||||2022|2021| ||Community|programmes:||||||Holiday|Hampers||||||45,954|44,605| |||||||||Community||Action|Teams||||3,499|11,380| ||Member training||and|||||Dues paid||to Association|||of|Junior||| ||development:|||||||Leagues|International|||(AJLI)|||7,477|8,417| |||||||||Costs of|attending||AJLI training||||3,860|1,305| |||||||||LEAD||||||||1,957| |5.|Analysis
ofSupport Costs|||||||||||||||| ||||||||||||||||2022|2021| ||||||||||||||||R|R| ||Staff salaries|and||pensions|||||||||||24,533|24,471| ||Staff training|||||||||||||||795| ||Insurance||||||||||||||1,487|876| ||Accounts and IE||fees||||||||||||16,160|13,151| ||Professional|fees|||||||||||||911|48| ||Rent &officecosts||||||||||||||4,540|11,929| ||Telephone||||||||||||||350|359| ||Printing,
postage|||and stationery|||||||||||27|253| ||Repairs and|maintenance|||||||||||||5,539|4,797| ||Bank charges||||||||||||||898|377| ||Depreciation|||||||||||||||48| ||Other costs||||||||||||||1,445|1,594| ||||||||||||||||55,890|58,698| ## ## ## ## ## ## ## ## ## |Fixed Assets|Computer|Office|TOTAL| |---|---|---|---| ||Equipment|Equipment|| |Consolidated
and Charity|||| |Cost|||| |At 1 June 2021|22,554|657|23,211| |At 31 May 2022|22,554|657|23,211| |Depreciation
At 1 June 2021|(22,554)|(657)|(23,211)| |Charge for year|||| |At 31 May 2022|(22,554)|(657)|(23,211)| |Net Book Value|||| |At 31 IIay 2022|||| |At 31 May 2021|||| ## |accounts were a|s follows:||| |---|---|---|---| |Profit and loss|account|2022|2021| |Turnover||758|1,155| |Cost of sales|||(611)| |Gross profit||758|544| |Administrative
expenses||(1,950)|(1,557)| |Operating
(loss)
Interest
receivable||(1,192)
20|(1,013)
52| |Taxation|||| |||(1,172)|(961)| |Donation
to Junior League of London|||| |(Loss) retained|in subsidiary|(1,172)|(961)| ## ## ## ## |||||||2022|2022|2021| |---|---|---|---|---|---|---|---|---| ||Balance Sheet|||||||| ||Current assets|||||123,722||123,090| ||Creditors:
amounts|falling due within||one year||(106,834)||(105,030)| ||Total assets less current
liabilities||||||16,888|18,060| ||Called
up share capital||||||50,000|50,000| ||Retained
profit and|loss account||||(33,112)||(31,940)| ||Shareholders'
funds||||||16,888|18,060| |11.|Debtors||||Group||Charity|| ||||||2022
E|2021
f|2022|2021| ||Amounts
owed from
Other debtors||group undertakings|||2,027|105,635|104,430
2,027| ||Prepayments||||802|731|767|731| ||||||802|2,758|106,402|107,188| |12.|Creditors:
Amounts||falling due||Group||Charity|| ||within
one year||||2022
f|2021
f|2022
f.|2021| ||Trade creditors
Taxes payable||||2,584
943|913
1,082|2,584
943|913
482| ||Deferred
income (note 12.1)
Accruals||||19,626
9,833|18,713
5,765|19,626
8,633|18,713
5,765| ||||||32,986|26,473|31,786|25,873| |12.1|Deferred
income|||||||| ||||||Group||Charity|| ||||||2022|2021|2022|2021| ||||||||f.|| ||Balance as at 1 June
Released
in the year
Deferred
in the year||2021||18,713
(18,713)
19,626|17,285
(17,285)
18,713|18,713
(18,713)
19,626|17,285
(17,285)
18,713| ||Balance as at 30June 2022||||19,626|18,713|19,626|18,713| ## ## ## ## ## ## ## |Funds - Prior Year||||||| |---|---|---|---|---|---|---| |Consolidated
and Charity||Brought|Incoming|Resources||Carried| |||Forward|Resources|Expended|Transfers|Forward| |Restricted funds:||||||| |Holiday
Hampers
Program|(1)||2,242|(2,242)||| |Scholarship
Fund (2)
LBDI
COVID-19
Community||4,425||(1,650)||2,775| |Fund (3)||12,522|1,545|(8,282)||5,785| |Designated
funds:||16,947|3,787|(12,174)||8,560| |Resource
Fund (4)
39"Anniversary
Fund (5)||61,026
30,248||||61,026
30,248| |Other unrestricted
funds:||91,274||||91,274| |AJLI Marketing
Award
General
reserves||1,334
232,268|128,848|(123,020)||1,334
238,096| |Total Charity||341,823|132,635|(135,'l94)||339,264| |General
reserves||(30,981)|1,207|(2,168)||(31,942)| |Total Consolidated||310,842|133,842|(137,362)||307,322| ## ## ## ## ## |17.
Allocation
of Net Assets|17.
Allocation
of Net Assets|between|Funds|Funds||||| |---|---|---|---|---|---|---|---|---| |The funds of the group|are|represented||by|the following|assets:||| |||||||||Unrestricted| |||||||||Total| |Tangible
fixed assets||||||||| |Current assets
Current
liabilities||||||||323,132
(32,986)| |||||||||290,146| |18.
Consolidated
Statement||of Financial||Activities - Prior Year||||| |||Notes|||2021|2021|2021|2020| |||||Unrestricted||Restricted|Total|Total| |Incoming
resources||||Funds||Funds|Funds
f|Funds
f| |Incoming
resources
from||||||||| |generated
funds:||||||||| |Donations
and legacies
Charitable
activities
Interest
received|||||36,611
63,177
137|2,242
1,545|40,653
84,722
137|48,&88
111,060
470| |Government
Grants|||||8,130||8,130|| |Total incoming
resources|||||130,055|3,767|133,842|160,418| |Resources
expended||||||||| |Raising funds||||||||| |Costs of generating
voluntary
Cost of fundraising
trading
Charitable
activities|income||||11,780
20,973||11,780
20,973|12,641
38,805| |Community
programmes
Member
training
and development
Promotion
of voluntary
service|||||57,795
24,825
9,815|10,524
1,650|66,319
26,475
9,815|62,312
25,879
10,848| |Totalresources
expended||||125,186||12,174|137,362|150,485| |Net incoming
resources
before transfers|||||4,867|(8,387)|(3,520)|9,933| |Transfers
between
funds||||||||| |Net movement
in funds|||||4,867|(8,387)|(3,520)|9,933| |Total funds
brought
forward|||||293,895|16,947|310,842|300,909| |Total funds carried forward||13|||298,762|8,560|307,322|310,842|