##
##
||Page||
|---|---|---|
|Report ofthe Trustees|1 to|10|
|Report ofthe Independent
Auditors|11 to|13|
|Statement ofFinancial Activities|14||
|Statement ofFinancial Position|15 to|16|
|Statement ofCash Flows|17||
|Notes to the Statement ofCash Flows|18||
|Notes to the Financial Statements|19 to|28|
|Detailed Statement ofFinancial Activities|29 to|30|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||f|f.|
|INCOME FROM|||||||
|Donations
and Grants||2|1,179||1,179|45,414|
|Charitable
activities|||||||
|Charitable|||142,694|746,800|$$9,494|1,100,577|
|Activities Generating|Funds|3|148,789||148,789|136,978|
|Investment
income||4|175||175|48|
|Other income|||12469||12@69||
|Total|||305406|746,$00|1,052,006|1,2$3,017|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable|||317/96|826,027|1,143/23|1,196,913|
|NET INCOME/(EXPENDITURE)|||(12,090)|(79,227)|(91417)|86,104|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought
forward|||37465|324,817|362,082|275,978|
|TOTAL FUNDS CARRIED FORWARD|||25,175|245,590|270,765|362,082|
##
##
|STATEME|NT OFFINANCIAL
31MARCH 2023|POSITION||
|---|---|---|---|
||Notes|31.3.23
f|3].3.22|
|FIXEDASSETS||||
|Tangible assets|14|10,935|13,669|
|CURRENT ASSETS||||
|Debtors|15|27,948|139,632|
|Cash in hand||285,050|261,951|
|||312,998|40],583|
|CREDITORS||||
|Amounts
falling due within one year|16|(53,168)|(53,170)|
|NET CURRENT ASSETS||259,830|348,413|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||270,765|362,082|
|NET ASSETS||270,765|362,082|
|FUNDS||||
|Unrestricted
funds:||||
|General fund||25,175|37,265|
|Restricted funds:||||
|Restricted Funds||245,590|324,817|
|TOTAL FUNDS||270,765|362,082|
##
##
##
##
##
||||F|ORTHE YEAR END|ED 31MARCH 2023||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
|||||Notes|f||
|Cash flows from||operating|activities||||
|Cash generated|from operations|||I|22,924|41,978|
|Net cash provided||by operating||activities|22,924|41,978|
|Cash flows from||investing|activities||||
|Interest received|||||175|48|
|Net cash provided||by investing||activities|175|48|
|Change in cash|and cash equivalents||||||
|in the reporting||period|||23,099|42,026|
|Cash and cash|equivalents||at|the|||
|beginning ofthe||reporting|period||261,951|219,925|
|Cash and cash|equivalents||at|the end|||
|ofthe reporting||period|||205,050|261,951|
##
##
##
##
|OPERATING ACTIVI|TIES||||
|---|---|---|---|---|
||||31.3.23|31.3.22|
||||f|5|
|Net (expenditure)/income|for the reporting|period (as per the|||
|Statement ofFinancial|Activities)||(91,317)|86,104|
|Adjustments
for:|||||
|Depreciation
charges|||2,734|3,417|
|Interest received|||(175)|(48)|
|Decrease in debtors|||111,684|92,433|
|Decrease in creditors|||(2)|(139,928)|
|Net cash provided
by operations|||22,924|41,978|
##
##
|ANALYSIS OF CHANGES IN NET FU|NDS|||
|---|---|---|---|
||At 1/4/22|Cash flow|At 31/3/23|
|Net cash||||
|Cash at bank and in hand|261,951|23,099|285,050|
||261,951|23,099|285,050|
|Total|261,951|23,099|2859050|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||ofthe lease.|
|
||||
|---|---|---|---|---|---|---|
||DONATIONS|AND GRANTS|||||
||||||31.3.23|31.3.22|
||Donations||||1,179|1,556|
||Grants|||||43,858|
||||||1,179|45,414|
||Grants received, included||in the|above, are as follows:|||
||||||31.3.23|31.3.22|
||HMRC Job Retention Scheme|||||28,858|
||Business Rates|Support Grant||||15,000|
|||||||43,858|
|3.|ACTIVITIES|GENERATING||FUNDS|||
||||||31.3.23|31.3.22|
|||||||f.|
||Rents Receivable||||148,789|136,978|
##
##
||FORTH|FORTH|E YEAR ENDED 31MAR|CH 2023||
|---|---|---|---|---|---|
|4.|INVESTMENT INCOME|||||
|||||31.3.23|31.3.22|
||||||f|
||Deposit account interest|||175|48|
|5.|INCOME FROM CHARITABLE ACTIVITIES|||||
|||||31.3.23|31.3.22|
|||Activity|||f|
||Fee Income|Charitable||889,494|1,100,577|
||Income from Charitable|Activities||||
|||||31.3.2023|31.3.2022|
||||||f|
||Restricted Funds:|||||
||St James's Street BigLocal|||65,900|158,301|
||William Morris BigLocal|||179400|216,206|
||North Meets South BigLocal|||237,508|164,963|
||Noel Park BigLocal|||49,238|141,918|
||Somers Town BigLocal|||62,887||
||Impact Big Local|||2,518|112,000|
||Hackney Wick BigLocal|||102+61|72,253|
||Restricted Funds: Crest|Pro'ects||||
||Waltham
Forest Conscious|Care||46,957|41,455|
||Time to Change|||223|31,559|
||Buddying
and Befriending|-LB|ofWaltham Forest||70,000|
|||||746,800|1,008,655|
||Unrestricted
Funds:|||||
||Big Local Fees|||37,239|44,834|
||Attendance
at day care centre|||96,440|32,365|
||National
Infection Control|Funding|||4,573|
||Other Income|||9,015|10,150|
|||||142,694|91,922|
||Total Income from Charitable||Activities|889,494|1,100,577|
##
##
##
|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs|note 7)|Totals|
||Charitable||||872,913|270,410|1,143@23|
|7.|SUPPORT|COSTS||||||
|||||||Governance||
||||Management|Finance|Other|costs|Totals|
||Charitable||180,754|79,469|2,734|7,453|270,410|
##
##
|Net income/(expenditure)
is|stated after charging/(crediting):|||
|---|---|---|---|
|||31.3.23|31.3.22|
|||f||
|Depreciation - owned assets||2,734|3,417|
|AUDITORS' REMUNERATION||||
|||31.3.23|31.3.22|
|Fees payable to the charity's|auditors for the audit ofthe charity's|||
|financial
statements||7,440|7322|
##
##
##
##
##
|||31.3.23|31.3.22|
|---|---|---|---|
|Wages|and salaries|237,447|294,410|
|Social|security costs|9,448|25,948|
|Other|pension costs|14,263|9,727|
|||261,158|330,085|
|The average monthly|n|umber ofemp|loyees
during the year was as follows:|||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|Charitable
Activities||||12|14|
|Administration||||2|3|
|||||14|17|
|No employees
received||emoluments|in excess of660,000.|||
|COMPARATIVES|FORTHE STATEMENT OF FINANCIAL ACTIVITIES 31.3.2022|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|INCOME FROM||||||
|Donations
and Grants|||45,414||45,414|
|Charitable
activities||||||
|Charitable|||91,922|1,008,655|1,100,577|
|Activities Generating|Funds||136,978||136,978|
|Investment
income|||48||48|
|Total|||274,362|1,008,655|1,283,017|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Charitable|||286,131|910,782|1,196,913|
|NET INCOME/(EXPENDITURE)|||(11,769)|97,873|86,104|
|RECONCILIATION||OF FUNDS||||
|Total funds brought forward|||49,034|226,944|275,978|
##
##
|12,|COMPARATIVE
continued|S FO|RT|HE STATEMENT OF FINANCIAL ACTI|VITIES 31.3.|2022—|
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||TOTAL FUNDS|CARRIED|||||
||FORWARD|||37,265|324,817|362,082|
|13.|KEYMANAGEMENT||PERSONNEL||||
||Key Management|Personnel||comprises ofthe Board ofTrustees.|||
|14.|TANGIBLE FIXEDASSETS||||||
|||||||Computer|
|||||||equipment|
||COST||||||
||At 1 April 2022 and 31March 2023|||||113,172|
||DEPRECIATION||||||
||At 1 April 2022|||||99,503|
||Charge for year|||||2,734|
||At 31March 2023|||||102,237|
||NET BOOKVALUE||||||
||At 31March 2023|||||10,935|
||At 31March 2022|||||13,669|
|15.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||31.3.23|31.3.22|
||Trade debtors||||26,793|85,252|
||Other debtors||||1,155|54,380|
||||||27,948|139,632|
##
##
##
|CRED|ITORS: AMOUNTS FA|LLING DUE WITHIN|ONE YEAR|||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|Trade creditors||||46399|39,162|
|Social|security and other taxes||||7,338|
|Other creditors||||6,769|6,670|
|||||53,168|53,170|
|ANALYSIS OF NET ASSETS||BETWEEN FUNDS||||
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|Fixed assets||(102,237)|113,172|10,935|13,669|
|Current|assets|180,580|132,418|312,998|401,583|
|Current|liabilities|(53,168)||(53,168)|(53,170)|
|||25,175|245,590|270,765|362,082|
##
##
##
##
||||||Funds as|
|---|---|---|---|---|---|
||Funds as at|Incoming|Outgoing||at|
||1.4.22|Resources|Resources|Transfers|31.3.23|
||||f|||
|Unrestricted
Funds|37,265|305,206|(317,296)||25,175|
|Restricted Funds|324,817|746,800|(826,027)||245,590|
|TOTAL|362,082|1,052,006|(1,143423)||270,765|
|Restricted Funds||||||
|~tP t
P:||||||
|StJames BigLocal|30,862|65,900|(60,430)||36,332|
|William Morris BigLocal|66,451|179,309|(241,153)||4,607|
|North Meets South BigLocal|35,617|237,508|(256,407)||16,718|
|Noel Park BigLocal|15,221|49,238|(57,587)||6,872|
|Impact BigLocal|(2,449)|2,518|(69)|||
|Hackney Wick BigLocal|20,554|102,261|(103,103)||19,712|
|Somers Town BigLocal||62,887|(43,280)||19,607|
|Designated
Fixed asset|28,877||||28,877|
|~ctP
' t:||||||
|Buddying
and Befriending|64,378||(22,422)||41,956|
|Time to Change|28,557|223|(22,408)||6,372|
|Waltham Forest Conscious Care|36,749|46,956|(19,168)||64,537|
|Total Restricted Funds|324,817|746,800|(826,027)||245,590|
|Unrestricted
Funds|37465|305,206|(317,296)||25,175|
##
##
##
##
##
|||FOR THE YEAR ENDE|D 31MARCH 2023||
|---|---|---|---|---|
||||31.3.23|31.3.22|
|INCOME|||||
|Donations
and Grants|||||
|Donations|||1,179|1,556|
|Grants||||43,858|
||||1,179|45,414|
|Activities Generating|Funds||||
|Rents Receivable|||148,789|136,978|
|Investment
income|||||
|Deposit account interest|||175|48|
|Charitable
activities|||||
|Fee Income|||889,494|1,100,577|
|Other income|||||
|Insurance
Refund|||12,369||
|Total incoming resources|||1,052,006|1,283,017|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wages|||214,134|260,886|
|Social security|||9,448|25,948|
|Pensions|||2i987||
|Transport
and Travel|||21,612|14,931|
|Staff Recruitment|||14,723|6,146|
|Telephone|||2,923|2,439|
|Postage and stationery|||6,694|11,465|
|Volunteer
and Speakers|Expense||4,163|5,094|
|Sundries|||12/93|4,100|
|Consultant
tk Professional||fees|65,185|81,294|
|Local projects|||390406|412,600|
|Grants payable|||10@00|20,176|
|Human Resources Costs|||118,145|107,387|
||||872,913|952,466|
##
##
##
|FORTHE YEAR ENDE|D 31MARCH 2023||
|---|---|---|
||31.3.23|31.3.22|
||E||
|Support costs|||
|Management|||
|Rent and Rates|31,996|34,806|
|Insurance|9,148|12,554|
|Light and heat|6,937|5,723|
|Telephone|8,794|12,198|
|Postage and stationery|10,201|7,85]|
|Bad Debts||113|
|Sundries|5,531|2,164|
|Canteen and Cleaning|23,404|11,990|
|Subscriptions|3,520|5,524|
|Advertising|27,306|13,928|
|Repairs and Renewals|49,899|22,016|
|Training
and Welfare|4,018|3,198|
||180,754|132,065|
|Finance|||
|Wages|23,313|33,524|
|Pensions|11,276|9,727|
|Volunteer
and Speakers Expense|50||
|Meeting Expenses|1,315|2,563|
|Bank charges|796|835|
|Big Local Admin Fees|42,719|54,984|
||79,469|101,633|
|Other|||
|Computer
Equip- Depreciation|2,734|3,417|
|Governance
costs|||
|Auditors'
remuneration|7,440|7,322|
|Legal fees|13|10|
||7,453|7,332|
|Total resources expended|1,143,323|1,196,913|
|Net (expenditure)/income|(91,317)|86,104|