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2020-09-05-accounts

A Constitution
makes
provision
for a maximum
o
Dr. David Khanu Chair
Miss Ramlatu
Attah
Treasurer
Dr Teniayo Adelugba Secretary
Mrs Aminata
Mohamed
Member
Mrs Adenike
Hundeyin
Member
Mr Vincent Kpemou Member
Miss Amienata
Sillah
Member
Miss Dammy Ogunde Member

Unrestricted Restricted Total Total
Funds Funds 2020 2019
6 6 8 6
Incoming resources
Grants - Current year 20,000 71,258 91,258 97,271
Fees receivable 12,043 12,043 24,547
Donations
and miscellaneous
income 703 703 344
Total incoming resources 32,746 71,258 104,004 122,162
Resources expended
Wages and salaries 38,076 37,394 75,470 121,993
Staff IDBS
Volunteer expenses 70
Website maintenance 122 122 122
Travelling 356
Events and trips 498 498 1,282
Staff training
Rent 1,020 1,020 1,435
Insurance 1,068 1,068 1,209
Light and heat 947 450 1,397 1,088
Repairs and maintenance 183 183 127
Books and materials 117 117 1,693
Printing,
postage and stationery
766 766 2,304
Small office equipment 12,124 12,124 1,986
Telephone 1,117 1,117 1,383
Professional
and consultancy
fees 1,320 1,320 120
Independent
Examiners fees
600 600 600
Membership
and subscription
510 654 582
Depreciation
on equipment
112 112 132
Refreshments 213 117 330 1,260
Cleaning I health
&safety
11 11 58
Lunch subsidy
Total resources expended 46,680 50,229 96,909 137,844
Net incoming/(outgoing) resources
forthe year ended 31August 2020 (13,934) 21,029 7,095 (15,682)
Transfer between funds
Fund balances brought forward
at 1 September 2019 35,152 1,714 36,866 52,548
Fund balances carried forward
at 31August 2020 21,218 22,743 43,961 36,866

Notes 2020 2019
6 6
Fixed assets
Tangible assets 636 748
636 748
Current assets
Debtors 1,993 410
Cash at bank and in hand 42,256 45,092
44,249 45,502
Creditors; amounts falling
due within one year (924) (9,384)
Net current assets 43,325 36,118
Net assets 43,961 36,866
Funds
Unrestricted Funds 21,218 35,152
Restricted Funds 22,743 1,714
43,961 36,866

3. Tangible Assets
Office
Equipment
f
Cost
At 1 September 2019 13,147
Additions
At 31August 2020 13,147
Depreciation
At 1 September 2019 12,399
Charge for the year 112
At 31August 2020 12,511
Net book values
At 31August 2020 636
At 31 August 2019 748
4. Debtors 2020 2019
6 6
Prepayments 1,688 410
Other debtors 305
1,993 410
Cash at bank and in hand 2020 2019
6
Current account 41,686 44,042
Cash in hand 570 1,050
42,256 45,092

Creditors:
amounts
falling due
within one year 2020 2019
Accruals 924 1,300
Other creditors 40
Deferred income 8,044
924 9,384

Analysis ofunrestricted ofunrestricted funds movement
Balance at 1 Incoming Resources Balance at 31
September resources expended August 2020
2019
6
f 6
General fund 35,152 32,746 (46,680) 21,218
Transfer between funds
35,152 32,746 46680 21,218

Analysis of restricted funds movement
Balance at Incoming Resources From Balance at
1 resources expended General 31August
September Fund 2020
2019f 6
Paul Hamlyn
Foundation
706 (200) 506
Park High &OYA —Partnership (John Lyon's) 13,330 (13,330)
Young Barnet Foundation —Upshot Software 250 250
Young Harrow Foundation —The Big Give 422 (422)
Wave 2 (John Lyon's Charity) 21,160 (13,180) 7,980
GLA Young Londoner 336 36,768 (23,097) 14,007
1,714 71,258 50,229 22,743