2023-03-31-accounts

Trustees		Catherine Winn
		Rosie Cooper
		Nicola Dewar - Chair
		Laura Smith
		Victoria Farrow
		Felicity Sutherland
		Ella Roeg
		Jennifer Orgill
Secretary		Laura Smith
Charity number		11060&4
Company number		05215861
Principal address		Studio 306Peckham	Levels
		Peckham Town Centre Car Park
		95ARye Lane
		London
		SE154ST
Registered	office	Studio 306Peckham	Levels
		Peckham Town Centre Car Park
		95ARye Lane
		London
		SE154ST
Independent	examiner	FJWilde FCCA MBA	DChA
		Warner Wilde
		4 Marigold Drive
		Bisiey
		Surrey
		GU24 9SF

			Page
Trustees' report			1-10
Independent examiner's		report
Statement offinancial	activities		12-13
Balance sheet			14
Notes to the financial	statements		15-25

Current financial year
		Unrestricted	Unrestricted		Restricted	Total	Total
		funds		funds	funds
		general		designated
		2023		2023	2023	2023	2022
	Notes			R		R
~nome fr m:
Oonations and legacies		160,539			107,065	267,604	235,922
Charitable activities		55,054		5,332		60,386	32,240
Total income		215,593		5,332	107,065	327,990	268,162
x I
Charitable activities		200,076		22,861	127,965	350,902	257,003
Net incoming/(outgoing)	resources
before transfers		15,517		(17,529)	(20,900)	(22,912)	11,159
Gross transfers between	funds	(16,000)		16,000
Net (expenditure)/income	for the year/
Net movement in funds		(483)		(1,529)	(20,900)	(22,912)	11,159
Fund balances at 1April	2022	21,451		76,734	42,072	140,257	129,098
Fund balances at,31 INarch 2023		20,968		75,205	21,172	117,345	140,257

Prior financial	year
				Unrestricted Unrestricted		Restricted	Total
				funds	funds	funds
				general	designated
				2022	2022		2022
			Notes	R
Income from:
Donations and	legacies			146,592		89,330	235,922
Charitable activities				22,606	9,634		32,240
Total income				169,198	9,634	89,330	268,162
x ur
Charitable activities				147,860	54,615	54,528	257,003
Net incoming/(outgoing)		resources before	transfers	21,338	(44,981)	34,802	11,159
Gross transfers	between	funds		(20,000)	20,000
Net (expenditure)/income		forthe year/
Net movement	in funds			1,338	(24,981)	34,802	11,159
Fund balances	at 1 April	2021		20,1 I3	101,715	7,270	129,098
Fund balances	at 31 INarch 2022			21,451	76,734	42,072	140,257

					2023		2022
				Notes
Fixed assets
Tangible	assets							620
Current	assets
Stocks				10	5,871		5,975
Debtors				11	21,485		18,553
Cash at	bank and in		hand		116,047		140,884
					143,403		165,412
Creditors*. amounts			falling due within
one year					(26,058)		(25,775)
Net current assets						117,345		139,637
Total assets less current liabilities						117,345		140,257
Income	funds
Restricted funds				14		21,172		42,072
Unrestri	edfu	d
Designated funds				15	75,205		76,734
General	unrestricted		funds		20,968		21,451
						96,173		98,185
						117,345		140,257

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				general			general
				2023	2023	2023	2022	2022	2022
				R					E
Donations		and gifts		38,028		38,028	22,974		22,974
Grants receivable				122,511	107,065	229,576	123,618	89,330	212,948
				160,539	107,065	267,604	146,592	89„330	235,922
Charitable		activities
								2023	2022
Activities	for generating			funds				35,694	14,080
Arbjvork and			product sales					24,692	18,160
								60,386	32,240
Analysis	by		fund
Unrestricted			funds - general					55,054	22,606
Unrestricted			funds - designated					5,332	9,634
								60,386	32,240

				2023	2022
Staff costs				150,416	112,352
Depreciation		and impairment		620	619
Charitable	expenditure			124,202	82,063
				275,238	195,034
Share of	support costs (see note 6)			73,999	60,372
Share of	governance		costs (see note 6)	1,665	1,597
				350,902	257,003
Analysis	by	fund
Unrestricted		funds - general		200,076	147,860
Unrestricted		funds - designated		22,861	54,615
Restricted	funds			127,965	54,528
				350,902	257,003

Support costs
		Support	Governance	2023	Support	Governance	2022
		costs	costs		costs	costs
		R	R		K	F
Travel and subsistence		8,443		8,443	3,258		3,258
Premises costs		50,532		50,532	46,007		46,007
Administration costs		6,439		6,439	5,754		5,754
Website and ITcosts		6,990		6,990	4,049		4,049
Training		1,595		1,595	1,304		1,304
Independent
Examination and
accounts preparation			1,360	1,360		1,260	1,260
Other governance	costs		305	305		337	337
		73,999	1,665	75,664	60,372	1,597	61,969
Analysed between
Charitable activities		73,999	1,665	75,664	60,372	1,597	61,969

		2023	2022
		Number	Number
Engaged in charitable	activities
Employment costs		2023	2022
		R
Wages and salaries		137,699	103,262
Social security costs		9,418	6,560
Other pension costs		3,299	2,530
		150,416	1'l2,352

Tangible fix	ed asset	s
			Plant	and equipment
Cost
At 1 April 2022				3,096
At 31 March	2023			3,096
Depreciation	and impairment
At 1 April 2022				2,476
Depreciation	charged	in the year		620
At 31 March	2023			3,096
Carrying amount
At 31 March	2022			620

10	Stocks
							2023	2022
	Finished	goods and goods for resale					5,871	5,975
11	Debtors
							2023	2022
	Amounts	falling due	within	one year:
	Trade debtors						14,589	11,234
	Prepayments and accrued income						6,896	7,319
							21,485	18,553
12	Creditors: amounts		falling	due within one year
						Notes	2023	2022f
	Deferred	income				13	5,044	20,000
	Trade creditors						6,037
	Other creditors							588
	Accruals	and deferred	income				14,977	5,187
							26,058	25,775
13	Deferred income
							2023	2022
	Other deferred income						5,044	20,000
	Deferred	income is included		in the financial statements	as follows:
							2023	2022
	Deferred	income is included		within:
	Current	iiabilities					5,044	20,000
	Movements in the year:

13	Deferred income				{Continued)
	Deferred income at	1 April 2022		20,000
	Released from previous		periods	(20,000)
	Resources deferred	in	the year	5,044	20,000
	Deferred income at	31	March 2023	5,044	20,000

				Movement	in funds
			Balance at 1	Incoming	Resources	Balance at 31
			April 2022	resources	expended	March 2023
					K
Paul Hamlyn		Foundation	38,025		(37,833)	192
City Bridge		Trust	4,047	53,517	(50,238)	7,326
Lightbulb	Trust			20,000	(15,862)	4,138
Southwark	Stands Together			19,798	(13,247)	6,551
ACE Explorers 2				13,750	(10,785)	2,965
			42,072	107,065	(127,965)	21,172

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