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||Page||
|---|---|---|
|Report ofthe Trustees|1 to|11|
|Report ofthe Independent
Auditors|12 to|14|
|Statement ofFinancial Activities|||
|Statement ofFinancial Position|16 to|17|
|Statement ofCash Flows|18||
|Notes tothe Statement ofCash Flows|19||
|Notes tothe Financial Statements|20 to|31|
|Detailed Statement ofFinancial Activities|32 to|34|
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||||||||31.3.22|3).3.21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|INCOME|FROM||||||||
|Donations|and Grants||||45,414||45,414|192,434|
|Charitable|activities||||||||
|Charitable|||||91,922|1,00$,655|1,100,577|817,884|
|Activities Generating|||Funds|3|136,978||136,97$|27,928|
|Investment|income|||4|48||48|946|
|Total|||||274462|1,008,655|1,283,017|1,039,192|
|EXPENDITURE ON|||||||||
|Raising funds||||||||19,624|
|Charitable|activities||||||||
|Charitable|||||2$6,131|910,782|1,196,913|1,076,481|
|Total|||||286,131|910,782|1,196,913|1,096,105|
|NET INCOME/(EXPENDITURE)|||||(11,769)|97,873|86,104|(56,9)3)|
|RECONCILIATION|||OF FUNDS||||||
|Total funds|brought|forward|||49,034|226,944|275,978|332,891|
|TOTAL FUNDS CARRIED FORWARD|||||37465|324,817|362,082|275,978|
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||31MARCH 2022|||
|---|---|---|---|
|||31.3.22|31.3.21|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|15|13,669|17,086|
|CURRENT ASSETS||||
|Debtors||139,632|232,065|
|Cash in hand||261,951|219,925|
|||401,583|451,990|
|CREDITORS||||
|Amounts
falling due within one year|17|(53,170)|(193,098)|
|NET CURRENT ASSETS||348,413|258,892|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||362,082|275,978|
|NET ASSETS||362,082|275,978|
|FUNDS|19|||
|Unrestricted
funds:||||
|General fund||37,265|49,034|
|Restricted funds:||||
|Restricted Funds||324,817|226,944|
|TOTAL FUNDS||362,082|275,978|
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||||Notes|Notes|319.22
f|31.3.21|
|---|---|---|---|---|---|---|
|Cash flows from|operating|activities|||||
|Cash generated
from operations||||I|41,978|(111,595)|
|Net cash provided|by/(used|in)|operating|activities|41,978|(111,595)|
|Cash flows from|investing|activities|||||
|Interest received||||||946|
|Net cash provided|by investing||activities|||946|
|Change in cash and cash equivalents|||||||
|in the reporting|period||||42,026|(110,649)|
|Cash and cash equivalents||at|the||||
|beginning ofthe|reporting|period|||219&925|330,574|
|Cash and cash equivalents||at|the end||||
|ofthe reporting|period||||261,951|219,925|
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|OPERATING AC|TIVITI|ES||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|||||f||
|Net income/(expenditure)||for tbe reporting|period (as per the|||
|Statement ofFinancial Activities)||||86,104|(56,913)|
|Adjustments
for:||||||
|Depreciation
charges||||3,417|4,272|
|Interest received||||(48)|(946)|
|Decrease/(increase)|in debtors|||92,433|(211,394)|
|(Decrease)/increase|in creditors|||(139,928)|153,386|
|Net cash provided|by/(used|in) operations||41,978|(111,595)|
|ANALYSIS OF CHANGES IN NET FU|NDS|||
|---|---|---|---|
||At 1/4/21|Cash flow|At 31/3/22|
|Net cash||||
|Cash at bank and in hand|219,925|42,026|261,951|
||219,925|42,026|2619951|
|Total|219,925|42,026|261,951|
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|DONATIONS
AND GR|ANTS|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||K||
|Donations||1,556|5,809|
|Legacies|||15,500|
|Grants||43,858|171,125|
|||459414|192,434|
|Grants received, included|in the above, are as follows:|||
|||31.3.22|31.3.21|
|London Borough ofWaltham Forest|||68,434|
|HMRC Job Retention Scheme||28,858|67,691|
|Business Rates Support Grant||15,000|35,000|
|||43,858|171,125|
##
||||CRESTWALTHAM FOREST|CRESTWALTHAM FOREST||
|---|---|---|---|---|---|
||NOTES TO||THE FINANCIAL STATEMENTS - continued|||
|||FOR|THE YEAR ENDED 31MARCH 2022|||
|3.|ACTIVITIES GENERATING FUNDS|||||
|||||31.3.22|31.3.21|
||Shop income||||423|
||Rents Receivable|||136,978|27,505|
|||||136,97827,928||
|4.|INVESTMENT INCOME|||||
|||||31.3,22|31.3.21|
||Deposit account interest|||48|946|
|5.|INCOME FROM|CHARITABLE ACTIVITIES||||
|||||31.3.22|31.3.21|
||||Activity|8||
||Fee Income||Charitable|1,100,577|$17,884|
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|Income from Charitable
Activi|ties|||
|---|---|---|---|
|||31.3.2022|31.3.2021|
|||f||
|Restricted Funds:||||
|StJames's Street BigLocal||158,301|42,052|
|William Morris BigLocal||216,206|293,629|
|North Meets South BigLocal||164,963|95,790|
|Noel Park BigLocal||141,918|70,959|
|The Urban Swift||||
|Impact BigLocal||112,000|95,000|
|Hackney Wick BigLocal||72/53|I11,694|
|Restricted Funds: Crest Pro'ects||||
|Waltham
Forest Conscious Care||41,455|22,640|
|Time to Change||31,559|33,104|
|Buddying
and Befriending - LB|ofWaltham Forest|70,000|11,666|
|||1,008,655|776,524|
|Unrestricted
Funds:||||
|BigLocal Fees||44,834|35,344|
|Attendance
at day care centre||32,365|1,821|
|National
Infection Control Funding||4,573|3,942|
|Other Income||10,150|253|
|||91,922|41460|
|Total Income from Charitable|Activities|1,100,577|$17,884|
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|6.|RAISING FUNDS||||||
|---|---|---|---|---|---|---|
||Other trading activities||||||
||||||31.3.22|31.3.21|
||Staffcosts|||||3,437|
||Rent and Rates|||||14,902|
||Light and Heat|||||648|
||Telephone|||||504|
||Sundry Expenses Shop|||||133|
|||||||19,624|
|7.|CHARITABLE ACTIVITIES COSTS||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 8)|Totals|
||Charitable|||952,466|244,447
Governance|1,196,913|
|8.|SUPPORT COSTS||||||
|||Management|Finance|Other|costs|Totals|
||||6||||
||Charitable|132,065|101,633|3,417|7332|244,447|
|9.|NET INCOME/(EXPENDITURE)||||||
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||||31.3.22|31.3.21|
|---|---|---|---|---|
|Fees payable to the charity's||auditors for the audit ofthe charity's|||
|financial|statements||7/322|6,580|
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|STAF|FCOSTS|||
|---|---|---|---|
|||31.3.22|31.3.21|
|||f||
|Wages|and salaries|294,410|281,482|
|Social|security costs|25,948|20,685|
|Other|pension costs|9,727|7,337|
|||330,085|309,504|
|The averag|e monthly
number ofemployees
durin|g the year was as follows:||
|---|---|---|---|
|||31.3.22|31.3.21|
|Charitable|Activities|14|14|
|Administration||3|3|
|||17|17|
##
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||NOTES TO THE FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THE FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THE FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THE FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|NOTES TO THE FINANCIAL STATEMENTS - continued
FORTHE YEAR ENDED 31MARCH 2022|
|---|---|---|---|---|---|
|13.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES 31.3.2021|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||INCOME FROM|||||
||Donations
and Grants||192,434||192,434|
||Charitable
activities|||||
||Charitable||41,360|776,524|817,884|
||Activities Generating|Funds|27,928||27,928|
||Investment
income||946||946|
||Total||262,668|776,524|1,039,192|
||EXPENDITURE ON|||||
||Raising funds||19,624||19,624|
||Charitable
activities|||||
||Charitable||208,107|868,374|1,076,481|
||Total||227,731|868,374|1,096,105|
||NET INCOME/(EXPENDITURE)||34,937|(91,850)|(56,913)|
||Transfers between funds||(716)|716||
||Net movement
in funds||34,221|(91,134)|(56,913)|
||RECONCILIATION|OF FUNDS||||
||Total funds brought
forward||14,813|318,078|332,891|
||TOTAL FUNDS CARRIED|||||
||FORWARD||49,034|226,944|275,978|
##
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|TANGIBLE FIXEDASSETS||
|---|---|
||Computer|
||equipment
I|
|COST||
|At 1April 2021 and 31March 2022|113,172|
|DEPRECIATION||
|At 1 April 2021|96,086|
|Charge for year|3,417|
|At 31March 2022|99,503|
|NET BOOKVALUE||
|At 31March 2022|13,669|
|At 31March 2021|17,086|
|16,|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||5||
||Trade debtors||85,252|52,190|
||Other debtors||54,300|22,375|
||Prepayments|and accrued income||157,500|
||||139,632|232,065|
##
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|CRED|ITORS|: AM|OUN|TS FALLING DUE WITH|IN ONE YEAR||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
|Trade|creditors||||39,162|175,402|
|Social|security|and|other|taxes|7338|4,417|
|Other|creditors||||6,670|13,279|
||||||53,170|193,098|
##
|ANALYSIS OF NET ASSET|SBETWEEN FUNDS||||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|Fixed assets|(3,417)|17,086|13,669|17,086|
|Current assets|67,748|333,835|401,583|451,990|
|Current liabilities|(27,066)|(26,104)|(53,170)|(193,098)|
||37,265|324,817|362,082|275,978|
##
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##
||||||Funds as|
|---|---|---|---|---|---|
||Funds as at|Incoming|Outgoing||at|
||1.4.21|Resources|Resources|Transfers|31.3.22|
|||f|||f|
|Unrestricted
Funds|49,034|274,362|(286,131)||37,265|
|Restricted Funds|226,944|1,008,655|(910,782)||324,817|
|TOTAL|275,978|1,2$3,017|(1,196,913)|-|362)082|
|Restricted Funds
~Bi I
I:||||||
|StJames BigLocal|441|158,301|(127,880)||30,862|
|William Morris BigLocal|70,875|216,206|(220,630)||66,451|
|North Meets South BigLocal|34,292|164,963|(163,638)||35,617|
|Noel Park BigLocal|(791)|141,918|(125,906)||15,221|
|Impact BigLocal|8,251|112,000|(122,700)||(2,449)|
|Hackney Wick BigLocal|47,116|72,253|(98,815)||20,554|
|Designated Fixed asset|28,877||||28,877|
|~Cr st~Fr fcC||||||
|Buddying
and Befriending|10,441|70,000|(16,063)|-|64,378|
|Time to Change|17,722|31,559|(20,724)|—|28,557|
|Waltham
Forest Conscious Care|9,720|41,455|(14,426)|-|36,749|
|Total Restricted Funds|226,944|1,008,655|(910,782)||324,817|
|Unrestricted
Funds|49,034|274,362|(2$6,131)|-|37/65|
##
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|CRESTWALTHAM FOREST|CRESTWALTHAM FOREST|CRESTWALTHAM FOREST||
|---|---|---|---|
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES||||
|||FORTHE YEAR ENDED 31MARCH 2022||
|||31.3.22|31.3.21|
|INCOME||||
|Donations
and Grants||||
|Donations||Ii556|5,809|
|Legacies|||15,500|
|Grants||43,858|171,125|
|||45,414|192,434|
|Activities Generating|Funds|||
|Shop income|||423|
|Rents Receivable||136,978|27,505|
|||136,978|27,928|
|Investment
income||||
|Deposit account interest||48|946|
|Charitable
activities||||
|Fee Income||1,100,577|817,884|
|Total incoming resources||1,2S3,017|1,039,192|
|EXPENDITURE||||
|Other trading activities||||
|Wages|||3,437|
|Rent and Rates|||14,902|
|Light and Heat|||648|
|Telephone|||504|
|Sundry Expenses Shop|||133|
||||19,624|
|Charitable
activities||||
|Wages||260,886|236,748|
|Social security||25,948|20,685|
|Transport
and Travel||14,931|3,526|
|Staff Recruitment||6,146|2,537|
|Telephone||2,439|2,063|
|Postage and stationery||11,465|2,721|
|Carried forward||321,815|268,280|
##
|||FORTHE YEAR ENDE|D 31MARCH 2022||
|---|---|---|---|---|
||||31.3.22|31.3.21|
|||||E|
|Charitable
activities|||||
|Brought forward|||321,815|268,280|
|Volunteer
and|Speakers Expense||5,094|9,078|
|Sundries|||4,100|1,957|
|Consultant
dr Professional||fees|81/94|78,275|
|Local projects|||412,600|499,244|
|Grants payable|||201176|35,332|
|No description|||107487|6,640|
||||952,466|898,806|
|Support costs|||||
|Management|||||
|Rent and Rates|||34,806|18,890|
|Insurance|||12,554|7,521|
|Light and heat|||5,723|5,120|
|Telephone|||12,198|14,375|
|Postage and stationery|||7,851|18,795|
|Bad Debts|||113||
|Sundries|||2,164|1,208|
|Canteen and|Cleaning||11,990|1,865|
|Subscriptions|||5,524|3,433|
|Advertising|||13,928|525|
|Repairs and Renewals|||22,016|11,279|
|Training
and|Welfare||3,198|730|
||||132,065|83,741|
|Finance|||||
|Wages|||33,524|41,297|
|Pensions|||9,727|7,337|
|Meeting Expenses|||2,563||
|Bank charges|||835|62|
|BigLocal Admin Fees|||54,984|34,343|
||||101,633|83,039|
|Other|||||
|Computer
Equip- Depreciation|||3,417|4,272|
|Governance|costs||||
|Auditors'
remuneration|||7@22|6,580|
|Legal fees|||10|43|
||||7/332|6,623|
##
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|FORTHE YEAR EN|DED 31MARCH 2022||
|---|---|---|
||31.3.22|31.3.21|
|Total resources expended|1,196,913|1,096,105|
|Net income/(expenditure)|86,104|(56,913)|