OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Alternatives Trust East London

2024-03-31-accounts

Alternatives Trust East London

Trustees Annual Report and Unaudited Financial Statements Year ended 31 March 2024

Charity registration - 1103724

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

Contents

Contents
Legal and administrative information 4
Trustees annual report 5
Objectives and activities 5
Achievements and performance in the year 5
Structure, governance & management 9
Financial review 10
Statement of Board of Trustees’ responsibilities 10
Independent examiner’s report 12
Statement of fnancial activities 14
Balance sheet 15
Notes to the fnancial statements 16

Charity number 1103724

3

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Legal and administrative information

Charity name

Alternatives Trust East London

Other names

Alternatives Alternatives Crisis Pregnancy Centre

Charity registration no.

1103724

Registered office and contact details

St Edmunds Church 464 Katherine Road London E7 8NP

Trustees

Funmilade Aloutade Ruth Schwegmann-Fielding De Barros Vida Boateng Lincyenthe Joan Dallas Hannah Davey Revd Canon Ann Easter Francesca Ojefua Andy Pople Natalie Robinson Rebecca Watherston

(appointed 21 May 2024) (appointed 21 May 2024) (appointed 16 July 2024) (resigned - 21 March 2024) (Chair - resigned 16 November 2023)

(resigned - 21 March 2024) (Chair - appointed 24 September 2024) (Chair - appointed 16 November 2023 - resigned 24 September 2024)

Independent examiner

Enaid Accountancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

Charity number 1103724

4

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

Trustees annual report

The Board of Trustees submit their annual report and the financial statements of Alternatives Trust East London for the period ended 31 March 2024.

The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, including the Charity Act 2011, as well as the requirements of the Society’s governing document and the provisions of the ‘Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2019)’, and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Objectives and activities

The trust’s objects are the advancement of education and preservation of health. The policies adopted in furtherance of these objects are the provision of education in the subject of pregnancy and termination of pregnancy, the preservation and protection of women’s health, and the provision of counselling and assistance to women and their partners and families who are suffering as a result of pregnancy or related matters, and there has been no change in these during the year.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake.

Alternatives’ holistic support aims to see fragile families move to firm foundations over 2-3 years. In the past year our work has helped reach our three aims for families:

For children specifically our objectives are:

Achievements and performance during the year

Introduction

The 2023- 2024 financial year was a significant year for Alternatives, with a big move to new premises, more growth in the services provided, and a change of leadership. There are exciting times to come as we seek to recruit a new CEO and as our new venue opens up new possibilities for our charity.

Despite these changes, our work has made immense impact during the year.

The Cost-of-Living Crisis has made life harder for everyone. We are grateful to all our funders, particularly a new grant from the National Lottery Community Fund for three years’ core costs.

Charity number 1103724

5

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Moving premises

In October 2023 Alternatives moved out of Forrest House in Plaistow to St Edmund’s Church and Community Centre in Forest Gate, another part of the London Borough of Newham. We have sole use of the first floor, and shared use of large rooms on the ground floor.

Our address is: St Edmund’s Church, 464 Katherine Road, Forest Gate, London E7 8NP.

The space was previously used as a daycare nursery and every surface was painted a different primary colour and speckled with old blu-tak! It was a lot of work to transform it into a calm and welcoming environment, with private spaces for counselling.

We are extremely grateful for grants from Benefact Trust and the Hobson Charity to help with the cost of renovations, but much of the money needed came from our reserves. The move happened quickly in the end, as it took so long to find a place, that we didn’t have a chance to appeal for capital funds for the renovation. Any financial support would be welcomed to help replenish our funds and re-launch the work in this new part of Newham.

Alternatives’ Impact in 2023

Immigration Advice

Counselling

Skills Development

Food Club

Family Support / Family Hub

Charity number 1103724

6

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

Family Support

We had a big garden party to allow the families we work with to say goodbye to Forrest House. Following the move we welcomed existing and new families to our new home in Forest Gate, and in January 2024 we launched a new weekly Family Hub here. This includes perinatal mental health support alongside a weekly family support drop-in plus parenting classes – all delivered with partners Newham Nurture and Newham Parenting.

A highlight of this year was teaming up with the wonderful Tindersticks organisation who delivered Monthly outdoor exploring and learning for our parents and children under five years. We travelled by minibus to Wanstead Park and families were able to enjoy nature, learn all about the woods, and become more physically active and confident. We learned how to keep safe outdoors and on our November trip we enjoyed a fire pit, roasting apples and marshmallows!

It has given me a different perspective. Someone to discuss things with, get support, and suggestions and tactics for dealing with parenting issues. The main thing is feeling not on your own.

I didn’t feel judged here - I felt accepted.

We are a family.

Quotes from family support interviews:

My child went in the creche for the courses and when we started he cried. Jade and Fateha were very helpful. Now he goes off, does his own thing, plays with other children. He is more confident, he is happy.

I learnt how to play with him, how to talk to him, about how to deal with problems at school.

I call (Jade) when I am heavy in my heart and we get a way to sort it out. She helps me to fill in forms. She has been very, very helpful.

Casework

“It has been good to see the impact of casework support on people’s lives. As well as helping to resolve their problems with paperwork, I have seen it boosting self-esteem, relieving people from anxiety and putting smiles on their faces.” Yetunde, Casework Coordinator

This year we added a new accredited immigration advice service. Sarah has been providing this muchneeded service since the start of the year, and in August she achieved her Level 2 OISC qualification. As well as working with Alternatives’ clients, Sarah provides a drop-in service at Bonny Downs Community Association once a week as well.

“I am most personally proud of being able to obtain section 98 emergency housing for an asylum-seeking woman and her three children. An application is pending for longer term section 95 housing and financial support. We were able to work closely with the schools and the local church who were supporting her; we referred her to other local agencies for support around DV and trauma; and she was also able to get some food vouchers. It was a joy to see some lovely photos she sent me of her and her children smiling.” Sarah, Immigration Advisor

Counselling

In 2023 we had two new counselling volunteers joining our team, and a new counselling partnership with Newham Nurture. This provides one-to-one therapy for our service users with specific peri-natal challenges. In early 2024 we started integrating our counselling services with our new weekly family hubs, providing weekly therapeutic group support for Mums around self-care and parenting, alongside the oneto-one counselling sessions that will continue to be a priority.

Providing access to counselling for the marginalised women we work with has improved their mental health, increased their self-confidence and enhanced their ability to process and move on from the traumas they have experienced.

Charity number 1103724

7

Alternatives Trust East London

Year ended 31 March 2024

Annual report and financial statements

Counselling Case Study

Ms X first came to the UK in September 2022, fleeing a situation where her life and the lives of her two children were in danger. Her asylum claim may take months or years to be heard, and in the meantime, she has No Recourse to Public Funds, is living in a temporary hotel and is not allowed to volunteer or work.

Another Albanian woman living in the same hotel brought Ms X to the therapeutic group we run in partnership with local charity Shpresa. Ms X had no experience of speaking to or meeting people outside of the home. But since attending the group she has increased her confidence to go outside. She is learning how to speak up for herself, and to support her children to attend school. She has never been able to trust anyone outside of her family and the therapy process is helping her to build trust in others.

Client Development

We moved our Learning Hub to St Edmunds and continued with basic skills courses to boost employability. The first was a very practical Food Hygiene qualification that will enable women to access catering work. We have funding to run courses until the end of 2024 delivered by partners including Newham Adult Learning and Skills Enterprise.

The difference the work has made is seen in women’s excitement to do the courses on offer. Each one gains confidence in attempting new challenges with a hope for their future. A highlight was introducing a women’s self-defence workshop, facilitated by Selina a qualified self-defence instructor and one of our service users.

Because of Alternatives I have applied for a job. I did the digital skills course so now I am more employable.

Food Club & Baby Bank

Food Club was launched in the wake of the pandemic and provided a lifeline for families for nearly three years. At the start of this year it was been beautifully led by Yuliia, before going on maternity leave, and Taiwo supported by a dedicated and enthusiastic team of volunteers.

In our new location we found we had less storage space, but also several other nearby charities offering food, so at the start of 2024 we switched our focus from Food Club to Baby Bank – an urgent need identified by other local chairties. Taiwo organises this unique and vital service for families who have no money and nothing for their babies. We love to accept donations of good quality, clean, baby clothes, from newborn up to two years, and good quality baby equipment. Please see our website for more details of how to donate.

My daughter was so happy. She got lots of her favourite clothes she likes, and my son also got a lot of clothes from it. I do really appreciate.

Food club is amazing!

Every week I take food. If I didn’t have clothes, baby bath, anything I ask for, if they have, they give to me.

Good Cleaning Company

Our cleaning social enterprise rebranded as the Good Cleaning Company under the leadership of Elisabeth Ndoumbe.

It aims to provide fair and flexible work for our service users who would otherwise struggle to take the first steps in finding employment.

Staff and trustee changes

We congratulate our former Director Elizabeth Booker on becoming Director of Communities at Community Links – one of the biggest charities in Newham. Liz took up this new post in September 2023.

Elizabeth Booker took over as Director of Alternatives in August 2020, mid-pandemic, and swiftly implemented everything needed to transform the charity into a secure, focussed, and well-managed organisation without losing its caring, person-centred ethos. It was an amazing achievement, and we are grateful for her talent

Charity number 1103724

8

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

and vision. We wish her every success in her new role.

Lizi Oni was appointed to the role of General Manager in February 2023. Lizi has a background is in the NHS where she was a Community Palliative Care Clinical Nurse Specialist. Lizi was thrown in at the deep end with organising the move to St Edmunds and managing the renovation project – and did a great job. And then she stepped up from October 2023 to become Interim Director in addition to her own role, while recruitment for a new Director took place.

As recruitment proved unsuccessful, Trustees decided that from March 2023 Lizi and Caroline Cawson, Counselling Manger, would share the role as Co-CEOs for six months, with a review and decision on the way forward to come in September 2024.

Becky Watherston was appointed Chair of Trustees following the resignation of the previous Chair, Ann Easter, in November 2023. Becky lives locally in Newham and is a counsellor with her own private practice. Her support of Alternatives so far, particularly during the challenges of the Interim arrangements ahead of the appointment of a new permanent CEO, has been felt greatly by the team and is much appreciated

Funding

Special thanks to our funders (financial and In-kind) during the 2023/24 financial year including: Albert Hunt Trust, Ascension Church, Asda Foundation, Aspers Good Causes Fund, BBC Children in Need, Benefact Trust, Bruderhof Community, CEM Church, Charles S French Charitable Trust, City Bridge Trust, City Harvest, City of London Corporation, Custom House Baptist Church, Drapers’ Charitable Fund, Felix Project, Garfield Weston Foundation, GLA Migrant Advice and Support Fund, , Kingswood House School, Lantern Health, Lloyds Bank Foundation, London Borough of Newham, London Catalyst, Masonic Charitable Foundation, Memorial Community Church, Mrs Smith and Mount Trust, National Lottery Community Fund Reaching Communities, Newham Food Alliance, Parish of St Giles and St George, Ashtead PCC, Petts Wood Christ Church, Plaistow Christian Fellowship, Rausing Foodbank Fund, Scott Wilkie School, Southall Trust, St George’s and Ethelbert’s East Ham, St Oswald’s Croxley Green, The Hobson Charity, Many other churches and individuals.

Structure, governance & management

Alternatives Trust East London is a trust and was established by a charitable trust deed on 12 May 2004.

Organisational Structure

The trustees meet normally four times a year to oversee the charity’s work. Day-to-day operations are dealt with by the paid, freelance professional and volunteer staff.

The trustees have assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The quorate number of Trustees needed for meetings and decision making is three – and this has been maintained, with targeted trustee recruitment efforts building a strong board over the past few months.

Selection and appointment of Trustees

New trustees are appointed by the agreement of the existing trustees.

Grateful thanks to Ann Easter, Hannah Davey and Andy Pople who have resigned as trustees during the year. We appreciate the many years of service offered by each of them.

Trustee Induction and Training

On their appointment, new Trustees are provided with information, in the form of an induction pack, on their role as a Trustee. Ongoing training is provided as required.

Charity number 1103724

9

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Risk management

Trustees have reviewed the major risks to which the charity is exposed and systems or procedures have been put in place to manage those risks. A risk register is reviewed at each quarterly trustee meeting.

Financial review

During the current year the Charity incurred a deficit of £9,574 (2023: surplus of £12,993). This resulted in total reserves decreasing in the period to £190,059 (2023: £199,633).

The Trustees are satisfied with the financial performance of the Charity throughout the year.

Of the total reserves held at period end £136,441 were unrestricted as to use (2023: £134,802), however only £74,305 were available as general funds (2023: £74,196).

Reserves policy

It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months’ expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the trust’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Statement of Board of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. Charity law requires the Trustees to prepare financial statements for each financial year. Under that law they are required to prepare the financial statements in accordance with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the excess of expenditure over income for that year. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charity’s website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In addition, the Trustees confirm that they are happy that content of the annual review in pages 5 to 11 of this document meet the requirements of the Trustees’ Annual Report under charity law.

Charity number 1103724

10

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

They also confirm that the financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

This report was approved and authorised for issue by the Board of Trustees on 26 November 2024 and signed on its behalf by:

NERobinson

NERobinson (Jan 21, 2025 11:00 GMT)

NATALIE ROBINSON

CHAIR OF TRUSTEES

Charity number 1103724

11

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Independent examiner’s report

I report to the Trustees on my examination of the accounts of Alternatives Trust East London (Charity number 1103724) for the year ended 31 March 2024 which are set out on pages 14 to 29.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Charities Act). The Charity’s Trustees consider that an audit is not required for this year under section 144 of the Charities Act and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the Charity’s Trustees as a body. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s statement

My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

Charity number 1103724

12

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

ANDREW PHILIP NASH FCA

MEMBER OF THE INSTITUTE OF CHARTERED ACCOUNTANTS IN ENGLAND AND WALES – 2461833

DATED: 21 JANUARY 2025

Enaid Accountancy Ltd Units 24 & 25 Goodsheds Container Village Hood Road Barry CF62 5QU

Charity number 1103724

13

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Statement of financial activities

For the year ended 31 March 2024

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5 & 6
Charitable activities
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Funds brought forward
12 & 13
Funds carried forward
12 & 13		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
Year ended
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
31 Mar 2023
£
£
£
£
73,815
232,827
306,642
315,229
29,561
-
29,561
27,870
103,376
232,827
336,203
343,099
11,883
-
11,883
12,783
128,646
205,248
333,894
317,323
140,529
205,248
345,777
330,106
(37,153)
27,579
(9,574)
12,993
38,792
(38,792)
-
-
1,639
(11,213)
(9,574)
12,993
134,802
64,831
199,633
186,640
136,441
53,618
190,059
199,633

The notes on pages 16 to 29 form part of the financial statements.

Charity number 1103724

14

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

Balance sheet

As at 31 March 2024

Notes
Fixed assets
Tangible fxed assets
9
Current assets
Debtors and prepayments
10
Cash at bank and in hand
Liabilities
Amounts falling due within
one year
11
Net current assets
Net assets
Funds of the charity
Restricted
12 & 13
Unrestricted
General
12 & 13
Development fund
12 & 13
WAF Angels fund
12 & 13
Unrestricted
Total funds		 £
17,964
121,504		 Total
funds
31 Mar 2024
£
64,735



125,324		 £

15,062
233,979		 Total
funds
31 Mar 2023
£
7,852



191,781
139,468
(14,144)		 249,041
(57,260)
74,305
61,462
674


74,196
60,606
-
190,059 199,633
53,618



136,441		 64,831



134,802

190,059 199,633

The notes on pages 16 to 29 form part of the financial statements.

These financial statements were approved and authorised for issue by the Board of Trustees on 26 November 2024 and signed on their behalf by:

NERobinson

NERobinson (Jan 21, 2025 11:00 GMT)

NATALIE ROBINSON CHAIR OF TRUSTEES

Charity number 1103724

15

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

Notes to the financial statements

1. Accounting policies

Basis of preparation of the financial statements

The financial statements have been prepared in accordance with ‘Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) second edition (effective 1 January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), including Update Bulletin 1, and relevant charities law.

The effect of any event relating to the year ended 31 March 2024, which occurred before the date of approval of the financial statements by the Board of Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 March 2024 and the results for the period ended on that date.

Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.

The functional currency of the Charity is sterling and amounts in the financial statements are rounded to the nearest pound.

Legal status

Alternatives Trust East London is a charitable trust registered in England & Wales, and meets the definition of a public benefit entity. The registered office is St Edmunds Church, 464 Katherine Road, London, E7 8NP.

Going concern

The financial statements have been prepared on the going concern basis as the Board of Trustees is confident that future reserves and future income is sufficient to meet current commitments up to twelve months from the date of the signing this report. There are no material uncertainties that impact this assessment, however the trustees are aware that towards the end of this period there are a number of funding commitments that come to an end, which if not replaced, coupled with the ongoing increases in cost, will result in services having to be reduced moving forward. The trustees are working to replace this funding but aware of the challenging funding environment across the sector.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds are unrestricted funds which have been designated for a specific purpose by the Trustees.

The aim and use of each designated fund is set out in note 12 of the financial statements.

Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors or that have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in note 12 of the financial statements.

Income

Income is recognised when the Charity has entitlement to the funds, any performance indicators attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably.

Donations are recognised in full in the Statement of Financial Activities when entitled, receipt is probable and when the amount can be quantified with reasonable accuracy. Gift aid receivable is included when claimable – i.e. when the eligible donation is received.

Charity number 1103724

16

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

1. Accounting policies (continued from previous page)

Income (continued from previous page)

Grant income is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless the grant relates to a future year, in which case it is deferred.

Income from charitable activities is credited to the Statement of Financial Activities when received or receivable whichever is earlier, unless it relates to a specific future period or event, in which case it is deferred.

Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

Indirect costs, including governance costs, which cannot be directly attributed to activities, are allocated between activities proportionate to the direct costs incurred in those activities. Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

Tangible fixed assets and depreciation

Any assets costing more than £500 are capitalised other than those purchased using restricted funds. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their residual value, over their useful life, on the following basis:

Leasehold improvements 6yrs Fixtures, fittings & equipment 25% p.a. on net value Computers 25% p.a. on cost

Cash at bank and in hand

Cash at bank and in hand includes cash in hand, deposits with banks and funds that are readily convertible into cash at, or close to, their carrying values, but are not held for investment purposes.

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount is applied.

Creditors

Creditors are recognised where the Charity 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.

Financial instruments

Basic financial instruments are measured at amortised cost other than investments which are measured at fair value.

Critical estimates and judgements

In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The treatment of tangible fixed assets is sensitive to changes in useful economic lives and residual values of assets. These are reassessed annually. In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year.

Charity number 1103724

17

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

1. Accounting policies (continued from previous page)

Pensions

The Charity operates a defined contribution pension scheme which is administered by an external independent pension provider. Contributions are recognised in the Statement of Financial Activities as they fall due.

2. Comparative statement of fnancial activities

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5 & 6
Charitable activities
5 & 7
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Funds brought forward
12 & 13
Funds carried forward
12 & 13		 Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
72,174
243,055
315,229
27,870
-
27,870
100,044
243,055
343,099
12,783
-
12,783
94,988
222,335
317,323
107,771
222,335
330,106
(7,727)
20,720
12,993
-
-
-
(7,727)
20,720
12,993
142,529
44,111
186,640
134,802
64,831
199,633

Charity number 1103724

18

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

  1. Income from donations and legacies
4. Income from charitable activities
Charitable rental income
Consultancy and training
Other charitable income
Charitable rental income
Consultancy and training
Other charitable income
Grants
Donations
Grants
Donations		 Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
50,276
231,754
282,030
23,539
1,073
24,612
73,815
232,827
306,642
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
38,396
239,887
278,283
33,778
3,168
36,946
72,174
243,055
315,229
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
166
-
166
22,649
-
22,649
6,746
-
6,746
29,561
-
29,561
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
13,994
-
13,994
1,355
-
1,355
12,521
-
12,521
27,870
-
27,870

Charity number 1103724

19

Year ended 31 March 2024

Annual report and financial statements

Alternatives Trust East London

5. Total expenditure

Expenditure on:
Raising funds
Charitable activities
Expenditure on:
Raising funds
Charitable activities		 Direct
Direct
staff
other
Indirect
Total
costs
costs
costs
costs
Year ended
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
£
7,943
346
3,594
11,883
189,979
42,922
100,993
333,894
197,922
43,268
104,587
345,777
Direct
Direct
staff
other
Indirect
Total
costs
costs
costs
costs
Year ended
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
£
8,257
891
3,635
12,783
191,664
35,419
90,240
317,323
199,921
36,310
93,875
330,106

Indirect costs, including governance costs, which cannot be directly attributed to activities, were allocated between cost centres proportionate to the direct staff and other costs allocated to those activities.

An analysis of costs of raising funds split between restricted and unrestricted funds can be found in note 6.

An analysis of charitable activities split between restricted and unrestricted funds can be found in note 7.

An analysis of staff costs can be found in note 8.

Charity number 1103724

20

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

5. Total expenditure (continued from previous page)

Indirect costs includes:

Staff costs
Premises
Administration
Depreciation
Loss on disposals
Impairment loss
Independent examination		 Total
Total
costs
costs
Year ended
Year ended
31 Mar 2024
31 Mar 2023
£
£
26,771
28,029
29,174
24,880
37,173
30,642
7,360
5,754
2,573
-
-
3,106
1,536
1,464
104,587
93,875

6. Expenditure on raising funds

Direct staff costs
Direct other costs
Indirect costs
Direct staff costs
Direct other costs
Indirect costs		 Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
7,943
-
7,943
346
-
346
3,594
-
3,594
11,883
-
11,883
Unrestricted
Restricted
Total
Funds
Funds
Funds
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
8,257
-
8,257
891
-
891
3,635
-
3,635
12,783
-
12,783

Charity number 1103724

21

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

7. Expenditure on charitable activities

Staff costs
Direct staff costs
Direct other costs
Indirect costs
Direct staff costs
Direct other costs
Indirect costs
Gross salaries
Employer’s NIC
Employer’s pension		 Unrestricted
Funds
Year ended
31 Mar 2024
£
26,882
25,256
76,508		 Restricted
Total
Funds
Funds
Year ended
Year ended
31 Mar 2024
31 Mar 2024
£
£

163,097
189,979

17,666
42,922

24,485
100,993
128,646
205,248
333,894
Unrestricted
Funds
Year ended
31 Mar 2023
£
17,949
8,694
68,345		 Restricted
Total
Funds
Funds
Year ended
Year ended
31 Mar 2023
31 Mar 2023
£
£

173,715
191,664

26,725
35,419

21,895
90,240
94,988
222,335
317,323
Total
Total
costs
costs
Year ended
Year ended
31 Mar 2024
31 Mar 2023
£
£
215,545
216,754
5,873
7,876
3,275
3,320
224,693
227,950

8. Staff costs

The average headcount during the period was 16 persons (2023: 14 persons).

No employee received employee benefits above £60,000 (2023: Nil).

The total employee benefits paid to key management personnel during the year was £36,197 (2023: £41,286).

Charity number 1103724

22

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

9. Tangible fxed assets

Cost
As at 1 April 2023
Additions
Disposals
As at 31 March 2024
Accumulated depreciation
As at 1 April 2023
Charge in year
Disposals
As at 31 March 2024
Net book value
As at 1 April 2023
As at 31 March 2024		 Leasehold
Fixtures &
improvements
ftings
Computers
Total
£
£
£
£
26,656
11,769
22,754
61,179
65,977
838
-
66,815
(26,656)
(1,264)
-
(27,920)
65,977
11,343
22,754
100,074
23,771
10,257
19,299
53,327
5,621
454
1,285
7,360
(24,126)
(1,222)
-
(25,348)
5,266
9,489
20,584
35,339
2,885
1,512
3,455
7,852
60,711
1,854
2,170
64,735

10. Debtors and prepayments

Accounts receivable
Prepayments
Accrued income
Gift aid recoverable
Other debtors		 Total
Total
funds
funds
31 Mar 2024
31 Mar 2023
£
£
10,554
3,192
6,076
5,766
-
2,756
-
1,515
1,334
1,833
17,964
15,062

Charity number 1103724

23

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

11. Creditors: amounts falling due within one year

ferred income consists of the following grant income:
Accounts payable
PAYE control
Net pay control
Accruals
Deferred income
As at 1 April 2023
Amounts released in year
Amounts deferred in year
As at 31 March 2024		 Total
Total
funds
funds
31 Mar 2024
31 Mar 2023
£
£
6,593
5,135
-
56
80
-
4,138
2,248
3,333
49,821
14,144
57,260
Total
Total
funds
funds
31 Mar 2024
31 Mar 2023
£
£
49,821
41,912
(49,821)
(41,912)
3,333
49,821
3,333
49,821

Deferred income consists of the following grant income:

Charity number 1103724

24

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

  1. Analysis of charity funds
Restricted funds
Benefact Trust - counselling
Benefact Trust - building
Charles French
Children in Need
City Bridge Trust
Clothworkers
Comic Relief
Drapers
Education
Food Club
Health Partners
LBN Mental Health
LBN Perinatal Health
LBN Welcome Newham
Lloyds
London Catalyst
Migrant Advice Fund
Mrs Smith & Mount Trust
National Lottery
Rausing Trust
Building fund
Safe Place
Stepping Stones
SW-HAM
WAF restricted funds
Total restricted
Unrestricted
General
Development fund
WAF Angels Fund		 Balance
Income
Expenditure
Transfers
Balance
brought
in the
in the
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Mar 2024
31 Mar 2024
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
£
£
15,566
-
(7,146)
-
8,420
-
33,000
(6,216)
(26,784)
-
-
4,000
(4,000)
-
-
1,837
30,314
(32,064)
-
87
162
26,513
(26,673)
(2)
-
444
-
(438)
(6)
-
127
-
-
-
127
2,386
9,508
(11,894)
-
-
1,697
-
(180)
-
1,517
1,114
1,073
(2,104)
(83)
-
4,171
-
(3,396)
-
775
883
-
(883)
-
-
-
4,998
(2,244)
-
2,754
-
5,742
(2,182)
3,560
4,514
18,750
(23,265)
1
-
-
1,000
(50)
-
950
-
20,303
(15,601)
-
4,702
4,954
10,000
(14,954)
-
-
-
55,134
(27,320)
-
27,814
9,451
-
(9,451)
-
-
7,542
5,000
(521)
(12,021)
-
67
-
(63)
(4)
-
9,916
5,392
(12,503)
-
2,805
-
2,100
(2,100)
-
-
-
-
-
107
107
64,831
232,827
(205,248)
(38,792)
53,618
74,196
97,630
(111,631)
14,110
74,305
60,606
-
(23,826)
24,682
61,462
-
5,746
(5,072)
-
674
134,802
103,376
(140,529)
38,792
136,441
199,633
336,203
(345,777)
-
190,059

Charity number 1103724

25

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

12. Analysis of charity funds (continued from previous page)

Benefact Trust - counselling

This was a one year grant for counselling awarded September 2022.

Benefact Trust - building

This was a building improvement grant for office move, one off in September 2023. Where operational fixed assets were funded by restricted grants these have been included in income when spent and a transfer made from restricted funds to the designated fixed asset funds (development fund) to cover the cost carried forward on the balance sheet to be depreciated over their useful life.

Charles French

This was a one off grant received in March 2023 for Food Club.

Children in Need

This is a three year grant for Family Support running from 2022 to 2025.

City Bridge Trust

This was a three year grant for Family Support Staff which ended in December 2023. The immaterial balance at the end of the grant was transferred to general reserves.

Clothworkers

This was a grant to support building improvement works. The immaterial balance at the end of the grant was transferred to general reserves.

Comic Relief

This was a grant to support the purchase of creche equipment.

Drapers

This was a one year grant for Family Support awarded in October 2022.

Education

These are funds received to support education courses.

Food club

These were donations from the food club which were ringfenced to support this project. The immaterial balance at the end of the grant was transferred to general reserves.

Health Partners

This was a one year grant for counselling awarded in July 2022.

LBN Mental Health

This was a grant from LB Newham to support mental health projects.

LBN Perinatal Health

This was a grant from LB Newham to support mental perinatal projects.

Charity number 1103724

26

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

12. Analysis of charity funds (continued from previous page)

LBN Welcome Newham

This was a one off grant for skills courses for migrant women awarded in September 2023

Lloyds

This was a three year grant to support the General Manager role which ended in November 2023. The immaterial negative balance at the end of the grant was met from general reserves.

London Catalyst

This was a grant to support a hardship fund.

Migrant Advice Fund

This was a one year grant to support an immigration advisor role.

Mrs Smith and Mount Trust

This was a two year grant for counselling awarded in July 2022

National Lottery

This is a three year grant for core costs running from 2023 to 2026.

Rausing Trust

This was a one off grant for Food Club awarded in January 2023.

Building fund

This consists of a number of grants and donations to support the office move. Where operational fixed assets were funded by restricted grants these have been included in income when spent and a transfer made from restricted funds to the designated fixed asset funds (development fund) to cover the cost carried forward on the balance sheet to be depreciated over their useful life.

Safe Place

This was a grant to support training for the WAF programme. The immaterial balance at the end of the grant was transferred to general reserves.

Stepping Stones

This was an eighteen month grant that ended in June 2023 for a cleaning social enterprise start-up.

SW-HAM

This was a grant to support a hardship fund.

WAF restricted funds

These were small amounts recognised at year end that had been received to support the WAF project

Charity number 1103724

27

Alternatives Trust East London Annual report and financial statements

Year ended 31 March 2024

12. Analysis of charity funds (continued from previous page)

Restricted funds
ASDA Foundation
Aspers
Awards for All
Benefact Trust
Big Give
Charles French
Children in Need
City Bridge Trust
Clothworkers
COVID relief
Comic Relief
Drapers
Education
Food Club
Garfeld Weston
Henry Smith
Health Partners
LBN Mental Health
Lloyds
London Catalyst
Mrs Smith & Mount Trust
Rausing Trust
Building fund
Restricted assets
Safe Place
Stepping Stones
SW-HAM
Toy appeal
Trusthouse
WF Southall Trust
7 Stars Foundation
Total restricted
Unrestricted
General
Development fund		 Balance
Income
Expenditure
Transfers
Balance
brought
in the
in the
between
carried
forward
period
period
funds
forward
Year ended
Year ended
Year ended
Year ended
Year ended
31 Mar 2023
31 Mar 2023
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
£
£
-
1,500
(1,500)
-
-
2,041
1,080
(3,121)
-
-
1,466
2,500
(3,966)
-
-
-
18,500
(2,934)
-
15,566
1,058
-
(1,058)
-
-
1,105
-
(1,105)
-
-
4,213
32,519
(34,895)
-
1,837
(2)
35,351
(35,187)
-
162
5,938
-
(5,494)
-
444
1,764
-
(1,764)
-
-
208
-
(81)
-
127
-
6,792
(4,406)
-
2,386
1,697
-
-
-
1,697
3,706
3,095
(5,687)
-
1,114
-
25,000
(25,000)
-
-
2,761
-
(2,761)
-
-
-
7,723
(3,552)
-
4,171
-
10,000
(9,117)
-
883
1,382
27,250
(24,118)
-
4,514
1,251
-
(1,251)
-
-
-
6,667
(1,713)
-
4,954
-
12,091
(2,640)
-
9,451
7,542
-
-
-
7,542
6,524
-
(6,524)
-
-
220
-
(153)
-
67
(2,248)
36,304
(24,140)
-
9,916
-
3,100
(3,100)
-
-
-
1,420
(1,420)
-
-
3,485
6,663
(10,148)
-
-
-
3,000
(3,000)
-
-
-
2,500
(2,500)
-
-
44,111
243,055
(222,335)
-
64,831
79,017
100,044
(104,865)
-
74,196
63,512
-
(2,906)
-
60,606
142,529
100,044
(107,771)
-
134,802
186,640
343,099
(330,106)
-
199,633

Charity number 1103724

28

Year ended 31 March 2024

Alternatives Trust East London Annual report and financial statements

13. Analysis of net assets

Fixed assets
Current assets
Current liabilities
Fixed assets
Current assets
Current liabilities		 Unrestricted
Restricted
Total
Funds
Funds
Funds
31 Mar 2024
31 Mar 2024
31 Mar 2024
£
£
£
64,735
-
64,735
85,850
53,618
139,468
(14,144)
-
(14,144)
136,441
53,618
190,059
Unrestricted
Restricted
Total
Funds
Funds
Funds
31 Mar 2023
31 Mar 2023
31 Mar 2023
£
£
£
7,852
-
7,852
184,210
64,831
249,041
(57,260)
-
(57,260)
134,802
64,831
199,633

14. Trustee remuneration

During the year, no trustee received any remuneration (2023: £Nil). No members of the Board of Trustees received reimbursement of expenses (2023: £Nil).

15. Related party transactions

During the year there were no related party transactions (2023: £Nil).

16. Other fnancial commitments

At 31 March 2024, the Charity had annual future minimum lease payments under non-cancellable operating leases (all for property) as set out below:

Due within one year
Due within two to fve years		 Total
Total
31 Mar 2024
31 Mar 2023
£
£
22,917
8,581
33,333
-
56,250
8,581

Charity number 1103724

29

altemat TICUST EAST LONDOPJ