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2021-03-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details
Trustees'
Report		 2 to 11
Statement
ofTrustees'		 Responsibilities 12
Independent
Auditors'		 Report 13to 16
Statement of Financial Activities 17
Balance Sheet 18
Statement
ofCash Flows		 19
Notes to the Financial Statements 20to 37

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(Reg)stration
numb
Balance Sheet as at		 er: 05090173)
31March 2021
(As restated)
2021 2020
Note f f
Fixed assets
Tangible assets 13 10,991 12,120
Investments 14 105,242 87,192
116,233 99,312
Current assets
Debtors 15 3,048 78,415
Cash at bank and in hand 482,262 166,993
485,310 245,408
Creditors: Amounts falling due within one year ~(ll2, 953 (l24, 24(
Net current assets 332,357 120,884
Total assets less current liabilities 448,590 220,196
Provisions 18 (306,700) (250,364)
Net assets/(liabilities) 141,890 (30,168)
Funds ofthe charity:
Restricted
funds		 164,415 91,799
Unrestricted income funds
Unrestricted funds (22,525) (121,967)
Total funds 19 141,890 (30,168)

Statement of Cas h Flows for the Year Ended 31 March 2021
(As restated)
2021 2020
Nate 6 6
Cash flows from operating
activities
Net cash Income 172,058 133,543
Adjustments
to cash flows from non-cash		 Items
Depreciation 11,175 12,678
Investment
income		 (3,474) (3,150)
Revaluation
of investments		 (18,050) 2,836
161,709 145,907
Working capital adJustments
Decrease/(increase)
In debtors		 1.5 75,367 (67,353)
Increase/(decrease)
in creditors		 16 36,277 (61,001)
Increase/(decrease)
In provisions		 18 56,336 (244,545)
(Decrease)/increase
in deFerred
Income		 (7,848) 51,624
Net cash flows from operating
activities		 321,841 (175,368)
Cash flows from investing
activities
Interest
receivable
and similar income
Purchase of tangible
fixed assets		 5
1)		 3,474
~))0046		 3,150
~)), 80)
Net cash flows from investing
activities		 6,572 (9,730l
Net increase/(decrease)
in cash and cash equivalents		 315,269 (185,098)
Cash and cash equivalents
at 1April		 166,993 352,091
Cash and cash equivalents
at 31March		 482,262 166,993

Relating to
prior periods
Relating to the Relating to the before the
current period prior period prior period
dlsdosedin disclosed
in		 disclosedin
these financial these financial these financial
statements statements statements
g 6 f
Provision for dilapidations (increase) (2S0,364) (494,909)
Net assets/liabilities (reduction) (250,364) (494,909)
General reserve brought forward (reduction) (250,364) (494,909) (525,422)
General reserve carried forward (reduction) (250,364) (494,909)
SOFA - Release of provision as rectifications undertaken 244,545 30,513
As indicated
by		 the provisions note, the lease contains conditions in relation to bringing
the property
to a better
condition than that In which it was taken on, and accordingly a provision in relation
to this should
have been
recognised at the inception of the lease, but wasn't within the accounts.
As such,		 we consider
it		 appropnate
t
make this prior period adjustinent.
Rent free period
Relating to
prior periods
Relating to the Relating to the before the
current period prior period prior period
disclosed
le		 disclosed
ln		 disclosed
in
these
flna ncla I		 these financial these financla I
statements statements statements
6 f g
Accruals(increase) (36,000) (24,000)
Net assets/liabilities (reduction) (36,000) (24,000)
General reserve brought forward (reduction) (36,000) (24,000) (12,000)
General
reserve		 carried forward (reduction) (36,000) (12,000)
SOFA - Rent expense (increase) (12,000) (12,000)

Relating to
prior periods
Relating to the Relating to the before the
current period prlorperlod prior period
disclosed
In		 disclosed
In		 disclosed
In
these financial these financial these financial
statements statements statements
E E E
Net assets/liabilities
General reserve brought forward (increase) 50,000 20,000
General reserve carried forward (increase) 50,000 20,000
Designated reserve brought forward (reduction) (50,000) (20,000)
Designated reserve carried forward (reduction) (50,000) (20,000)
In earlier
years
a designated
reserve		 In earlier
years
a designated
reserve		 In earlier
years
a designated
reserve		 was set up to allow for future for future costs, costs, costs, especially especially In relation
to Anerley
Town		 In relation
to Anerley
Town		 In relation
to Anerley
Town
Hall, this
would
not
have
been
set		 up If the dilapidation provision had been Included In the accounts,
and
accordingly
the trustees		 believe it is appropriate to remove this designated fund as a result of these adjustments.
General Designated Restricted Total
reserve reserve reserve
At 1April 2019,as previously
stated		 109,605 20,000 225,593 355,198
Prior period adjustment - Dilapldatfons (494,909) (494,909)
Prior period adJustment - Rent free period (24,000) (24,000)
Prioir period adjustment —Designated reserve 20,000 (20,000)
At 1April 2019,as restated (389,304) 225,593 (163,711)
Movement
in year to
stated		 31 March
2020,		 as previously 30,000 (133,794) (99,002)
Prior period adjustment - Dilapidations 244,545 244,545
Prior period adjustment - Rent free period (12,000) (12,000)
Prloir period adJustment - Designated reserve 30,000 (30,000)
At 31 March 2020, as restated (121,967) 91,799 (30,168)

Unrestricted
funds
(As restated)
Restricted Total Total
General funds 2021 2020
E E E 6
Donations
and legacies;
Donations
from Individuals		 1,040 3,523 4,563 1,914
Grants, including
capital grants;
Government
grants		 24,004 24,004
National
Community		 Fund- Reaching
Communities 17,500 17,500 35,000
LBSouthwark
-Common		 Purpose grant 12,000 12,000 12,000
Dulwlch
Neighbourhood		 4,990 4,990 5,000
BBCChildren
in Need		 28,517 28,517 35,814
Jack Petchey Foundation 2,250 2,250 1,500
National
Community		 Fund 8,730
Tesco's Bags of Help 2,000
Co&p 4,273
Bernard
Sunley Foundation		 20,000
Veolla 30,492
The Clothworkers
Foundation		 30,000
Bromley Council (section 106) 33,200
Young Londoner's
Fund		 177,176 177,176 44,295
London Sports 5,850 5,850
BIG Reaching
Out		 10,000 10,000
LB Bromley
(COV(D Relief)		 35,000 35,000
CAF (COVID Relief) 7,594 7,594
Garfield Weston
(COVID Relief)		 30,000 30,000
Power to Change
(COVID		 Relief) 25,000 25,000
Groundwork 34,661 34,661
Bromley Third Sector 7,500 7,500
The Tudor Trust 14,500 14,500 30,000
NationalCornmunity Fund (COVID
Relief) 51,321 27,827 79,148
73,959 346.2
4		 520,253 294,218

Unrestricted Unrestricted
funds
Tota I Total
General 2021 2020
f E f
Bureau Services 970 970 1,012
Other Service Charges 31,342 31,342 29,040
Ex-Elba ry and Other Space Hire 5,606
Car Park Charges 2,402
Hall Space Hire ?,666 2,666 106,237
Office Space Hire 193,279 193,279 206,875
Other income 4, 936 4,936 13,785
233, 193 233,193 364,957
Unrestricted Unrestricted
funds
Total Total
General 2021 2020
E E E
Interest receivable and similar Income;
Interest receivable on bank deposits 3,126 3,126 3,150
Other interest receivable 348 348
3,474 3,474 3,150

7
Expenditure		 on ch aritable
ac		 tivities
(As restated)
Tota I Total
2021 2020
E E
Direct casts 113,276 21,483
Building
irnprovernents		 303,558
Release of dilapidation provision as rectlfications undertaken (62,243) (244,545)
Increase
In dilapidation		 provision for revision of estimates 118,579
ATH Service Contracts 14,939 10,338
Staff training 3,142 2,155
Rent 12,000 12,000
Rates 19,755 30,355
Utilities 21,294 31,917
Insurance 7,586 7,643
Repairs and maintenance 16,434 17,468
Long-term
Building Repairs		 49,243 31,523
Telephone
and		 IT 34,196 25,079
Communications 874 1,203
Office expenses 1,672 890
Printing,
postage and		 stationery 1,240 989
Sundries 2,936 2,232
Cleaning 27,027 31,931
Legaland
professional		 704 669
Bank charges 1,014 2,046
Subcontractors 46,193 56,082
Depreciation 11,175 12,678
Staff costs 154,071 161,995
Audit 4,200 2,420
599,30 )22,109

10 Staff costs
The aggregate
payroll costs were as follows:
2021 2020
E f
Staff costs during the year were:
Wages and salaries 146,472 153,459
Social security costs 6,260 6,865
Pension costs 1,339 1,671
154,071 161565
2021 2020
E f
Audit ofthe financial statements 4200 2420

13 Tangible fixed assets
Furniture
and
equipment Total
E E
Cost
At 1April 2020 128312 128312
Additions 10,046 10,046
Disposal s (50,608) (50,608)
At 31March 2021 87,750 87,750
Depredation
At 1April 2020 116192 116192
Charge for the year 11,175 11,175
Eliminated
on dlsposals		 (50,608) (50,608)
At 31March 2021 76,759 76,759
Net book value
At 31March 2021 1, 91 0.991
At 31March 2020 11,12 12,120
14 Fixed asset investments
2021 2020
E E
Other investments 0 141 .9,192

Other Investments
Listed
Investments Total
E f
Cost or Valuation
At 1April 2020 87,192 87,192
Revaluation 18,050 18,050
At 31March 2021 105,242 105,242
Net book value
At 31March 2021 105.242 105.242
At 31 March 2020 87,192 87,192
15 Debtors
2021 2020
f f
Trade debtors 623 77,495
Prepayments 945 920
Other debtors 1,480
3,04 7,415
16 Creditors: amounts falling due within one year
(As restated)
2021 2020
f E
Other creditors 2,186 1,200
Accruals 106,991 71,700
Deferred
income		 43,776 51,624
152,053 124,524

Total future
minimum
lease payments
under non-cancella		 ble
operating
leases are as follows:
2021 2020
f g
Land and buildings
Between one and five years 9f2,000 72,000
After five years 24,00 48,000
20,00 120,000
Other
Within one year 4,091 7,013
Between one and five years 4,091
.001 1,104

18 Provisions 18 Provisions
Dllapidations
provision
E
Opening balance (250,364)
Utilised during the period 62,243
Charged to the statement of recognised gains and losses (118,579)
At 31March 2021 330,7003
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20 Analysis ofnet assets between
funds
2021net assets between
funds
Unrestricted
funds
Restricted
General funds Totalfunds
E E E
Tangible fixed assets
Fixed asset investments
Current assets
Current
liabilities		 3,588
105,?42
319,062
(143,717)
(306,700)		 7,403
166,248
(9,236)		 10,991
105,242
485,310
(152,953)
(306,700)
Provisions (22,525) 164,415 141,890
Total net assets
2020 net assets between
funds
Unrestricted
funds
Restricted
General funds Total funds
E E E
Tangible fixed assets
Fixed asset investments		 4,066
87,192
158,863		 8,054
86,545		 12,120
87,192
245,408
Current
Current		 assets
bablllties		 (121,724)
(250,364)		 (2,800) (124,524)
(250,364)
Provisions (121,967) 91,799 (30,168)
Total net assets