|||Page|| |---|---|---|---| |Chairman's
Statement|||| |Report ofthe Trustees|2|to|14| |Report ofthe ludepeudent
Auditors|15|to|17| |Statement ofFinancial Activities||18|| |Balance Sheet||19|| |Cash Flow Statement||20|| |Notes to the Cash Flow Statement||21|| |Notes to the Financial Statements|22|to|30| |Detailed Statement of Fiuancial Activities|31|to|32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Within
this project, participants
are offered:||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |- A friendly
one to one appointment
to complete|a Recovery||Star assessment||and to discuss||suppoit||needs|and| |opporhniities
Access to the Ways to Wellbeing
course where|we share|tips|for managing||stress and improving|||resilience,||good| |sleeping practices,
as well as learning
relaxation
skills, Mindfulness,
- Access
to the Link course
where we share
the|peer skills,
importance|Qvc ways to wellbeing
of connecting
with||||and confidence
building
nature,
walk
and
talk,|||practicing|| |Mindfulness,
Mood
and Food, being
kind
to yourself,
problem
solving,||opportunities||to|connect
with your||local community,|||| |discovering
volunteering||||||||||| |opportunities,
and creating a personalised
wellbeing
plan||||||||||| |- Signposting
and warm transfer to other relevant services||||||||||| |"Icame to Mind when I was at my worst and|||being part|of this||project, has had||a major impact||| |on my life I feel like I'm on||||||||||| |the journey back to being me again",||||||||||| |"Ithas given me the confidence
to|try new things;||Ijoined a games|||group which I wouldn't|||have|done| |without
the support||||||||||| |and encouragemcnt
I received from|accessing|this|group"|||||||| |'Tm now looking forward
and I believe things||can|get better."|||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Designated
Project|||||Funding|from unrestricted|free reserves off348,581| |---|---|---|---|---|---|---|---| |Winding
up ofcharity (3
Stalf salaries inflationary||months
increase|operating|costs)|175,000
64,000||| |Office refurbishment|and|capital investment|||30,000||| |Live aBetter Life Project|||||15,000||| |Gateway project|||||15,000||| |Requirement|||||338,000||| |Undesignated
reserves|deficit||||f.10,581||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||31.3,23|31.3.22| |---|---|---|---|---|---|---| ||||Unrestiicted|Restricted|Total|Total| ||||funds|funds|funds|fiinds| |||Notes||||| |INCOME AND ENDOWMENTS FROM||||||| |Donations
and legacies|||35,716||35,716|36,934| |Charitable
activities||||||| |Client services|||262 871|S76)007|1)138)S78|734360| |Other trading activities||3|248&517||248,517|199,019| |Investment
income||4|1,727||l&727|451| |Gain on sale oftangible|fixed assets|9|4448||4448|| |Total|||553,279|876 007|1,429 286|970 764| |EXPENDITURE ON||||||| |Raising funds|||173&404|86,822|260,226|176,373| |Charitable
activities||||||| |Client services|||238,045|836,028|1,074,073|651,748| |Other||8|22 633||22 633|16404| |Total|||434 082|922 850|I 356932|844 525| |NET INCOMIII'~IENDITURE)
Transfers between funds||16|119,197
~77 631)|(46,843)
77631|72/54|126239| |Net movement
in funds|||41,566|30)78S|7?$54|126,239| |RECONCILIATION|OF FUNDS|||||| |Total funds brought
forward|||312,043|176,343|488,386|362,147| |TOTAL FUNDS CARRIED FORWARD|||353 6119|207131|560740|488 386| ## |||Balance Sheet|Balance Sheet|||| |---|---|---|---|---|---|---| |||31|March 2023|||| ||||||31.3.23|31,3,22| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||Notes||||| |FIXEDASSETS||||||| |Tangible assets||13|5)028||5,028|7,575| |CURRENT ASSETS||||||| |Debtors: amounts
Cash at bank and|falling due within one year
in hand|14|30,246
493807|6,932
352 522|37,178
846329|217,282
514575| ||||524,053|359,454|883,507|731,857| |CREDITORS||||||| |Atnounts
falling due within one year||15|(175,472)|(152,323)|(327,795)|(251,046)| |NE)T CURRENT|ASSETS||348581|207131|555712|480811| |TOTAL ASSETSLKSS CURRENT||||||| |LIABILITIES|||353,609|207)131|560,740|488,386| |NET A.SSETS|||353609|207 131|560740|488 386| |FUNDS||16||||| |Unrestricted
funds:||||||| |General fund|||||353&609|312,043| |Restricted funds|||||207 131|176343| |TOTAL FUNDS|||||560740|488 386| ## ||Cash Floiv St
for the Year Ended|atement
31 March 2023|| |---|---|---|---| |||31.3.23|31.3.22| ||Notes||| |Cash flows froiu operating
activities
Cash generated
fiom operations||324 927|144 729| |Net cash provided
by operating
activities||324 927|144729| |Cash flows fi'om invest1ng activities
Purchase oftangible fixed assets|||(2,71&)| |Sale oftangible fixed assets
Interest received||5)100
1727|451| |Net cash provided
by/(used
in) investing|activities|6827|~2267)| |Change in cash and cash equivalents
the reporting
period|in|331)754|142,462| |Cash and cash equivalents
at the
beginning
ofthe reporting
period||514575|372 113| |Cash and cash equivalents
at the eud
the reporting
period|of|646329|514575| ## ## |RECONCILIATION
OF NKT INCOME TO NET CASH FLOW FROM O
ACTIVITIES|PERATING|| |---|---|---| ||31.3.23|3l.3.22| |Net income for the reporting period (as per the Statement ofI4'inancial
Activities)|72,354|l26,239| |Adjustments
for:
Depreciation
charges
Profit on disposal offixed assets
Interest received|1,895
(4,448)
(1,727)|7,829
(451)| |Decrease/(increase)
in debtors
Increase in creditors|180,104
76749|(158,555)
169667| |Net cash provided
by operations|324 927|144729| |ANALYSIS OF CHANGES IN NKT FUND|S||| |---|---|---|---| ||At 1,4,22|Cash flow|At 31.3.23| |Net cash
Cash at bank and in hand|514575|331754|846 329| ||514575|331754|846 329| |Total|514575|331754|846 329| ## ## ## ## ## |Depreciation
is provided
at
life.|the following
annual
rates in o| |---|---| |Plant and machinery|33%on cost| |Fixtures and fittings|25%on reducing balance| |Motor vehicles|25% on reducing balance| |Computer
equipment|25%on reducing balance| ## ## ## ## ## ||DONATIONSANDLEGACIES||||||| |---|---|---|---|---|---|---|---| ||.|||||31.3.23|31.3.22| ||Other income|||||5,461|7775| ||Donations|||||30,255|24,159| ||Legacies||||||5,000| |||||||~35 716|~36 934| |3.|OTHER TRADING ACTIVITIES|||||31,3.23|3L3.22| |||||||f.|| ||Fundraising
events|||||248 517|199,019| |4.|INVKSTiirIKNT INCOME|||||31.3.23|31.3,22| ||||||||E| ||Deposit account interest|||||~1727|451| |5.|INCOlVIK FROM CHARITABLE ACTIVITIES|||||313.23|31.3.22| ||Grants
Activity
Chent services|||||1 138878|734360| ||Grants received, included
in the above, are|as|follows:|||31.3.23|31.3.22| ||Garfield %eston|||||30,000|| ||Lottery - Sustainable
Building Capabilities
Project
London Borough ofHavering -Social Inclusion
London Borough ofHavering -Peer Support
London Borough ofHavering
-Telephone
triage service
London Borough ofBarking and Dagenham
-Hoarding
project
BHRUT CCG - Meaningful
activities
BigLottery Fund Grant - Live a Better Life
Lloyds Bank - Peer support
Meaning&i
Activities Pathway
CAMHS Ready for Adulthood
London Community
Fund
Emergency
Covid Funding
- fiom numerous
charities and foundafions
London Borough ofBarking and Dagenham
- Counselling
service
MIND - Suicide prevention
Tapestry - Social prescriber
Tudor Tmst - Gateway|||||83,562
76,519
44,500
51,701
54,428
42,744
19,367
30000|39,871
40,008
53,260
49,000
50,241
93,016
5,500
l7,750
5,309
l3,800
10,000
25,646
36,808
15000| ||Cairied fonvard|||||432,821|455,209| ## ## ||Notes to the Financial Statements -continued
for the Year Ended 31March 2023|Notes to the Financial Statements -continued
for the Year Ended 31March 2023||| |---|---|---|---|---| |5.|INCOME FROM CHARITA. BLKACTIVITIES -continued||31.3.23|31.3,22| ||Brought forvt ard
DWP -Economical Wellbeing
Project
Bulldog - Peer support
HBD - VIP project funded
by UCL
BHRUT CCG -Mum's matter
Community
reconnection
service
London Borough ofBarking and Dagenham
London Borough ofBarking and Dagenham
London Borough ofHavering -NELFT Peer
Peoples Health Trust - LININGS
London Borough ofBarking and Dagenham
RFA/PSG|—Mums Matter
-NELFT Peer Support
Support
- Pause2Start|432,821
41,111
9,596
5S,S80
91,392
114,000
103,492
151,813
1,500
55,134
73,139|455,209
29,369
4,499
9,000
22,500
103,287
28,500
35,332
46,664| ||London Borough ofHave&ing - Ukrainian
Project||6000|| ||||1 138078|734 360| |6.|RAISING FUNM|||| ||RAISING DONATIONS
AND LEGACIES|||| ||Fundnising
costs comprise:—||31.3,23|31.3,22| ||Salaries
Fundraising
expenses
External
fundraiser||31,052
142,352
&6822|25,317
108,790
42266| ||||260 226|176373| |7.|CHARITABLE ACTIVITIES COSTS|||Direct| |||||Costs| ||Client services|||1074 073| ## |8.|SUPPORT COSTS|||Governance|| |---|---|---|---|---|---| |||Management|Finance|costs|Totals| ||Other resources expended|~14 657|~1076|~6900|~22 633| ||Support costs, included
in|the above, are as follows;||313.23|31.3,22| |||||Other|| |||||resources|Total| |||||expended|activities| ||Wages
Independent
examination
Bank charges
Auditors'
remuneration|||14,657
1,076
~6900|13,175
2,303
926| |||||~22 633|~16 404| |9.|NKT INCOME/(EXPENDITURE)||||| ||Net income/(expenditure)|is stated after charging/(crediting),|||| |||||31.3.23|31.3.22| ||Auditors'
remuneration
Depreciation -owned assets
Surplus
on disposal of lixed assets
Independent
examination|||6,900
1,895
(4,448)|7,829
~2040| ## ## ## ## ## ||COSTS|||||||||| |---|---|---|---|---|---|---|---|---|---|---| |1.|STAFF4||||||||31.3.23|31.3,22| ||||||||||f.|| ||Wages and salaries
Social security costs
Other pension costs||||||||923,289
70,236
16,362|549,999
40,392
7 630| |||||||||3|009 087|598,023| ||The total remuneration|ofkey management||personnel||amounted|to 862,474 (2022;|f50,187).||| ||The average monthly|number ofemployees||during|the year was||as follows;|||| ||||||||||31.3.23|31,3.22| ||Chiefexecutive
Direct charitable
work||||||||1
48
1|I
25
I| ||Administration||||||||1|I| ||Fundraising|||||||||| ||||||||||51|| ||The number ofemployees
whose employee|||benefits||(excluding|employer
pension|costs) exceeded||f60,000was:| ||||||||||31.3.23|31.3,22| ||f.60,001 - 870,000||||||||1|| |12,.|COMPARATIVES|FOR THE STATEMENT|||OFFINANCIAL ACTIVITIES
Unrestricted||||Restricted|Total| ||||||||funds||funds|funds| ||INCOME AND ENDOWMENTS
Donations
and legacies||FROM||||36,934|||36,934| ||Charitable
activities
Client services||||||l46,201||588,159|734,360| ||Other trading activities
Investment
income||||||l99,019
45l|||199,019
451| ||Total||||||382,605||588 U9|970764| ||EXPENDITURE ON
Raising funds||||||l34,107||42,266|l76,373| ||Charitable
activities
Client services||||||205,421||446,327|651,748| ||Other||||||[6404|||36404| ||Total||||||355 932||488 593|844,525| ||NET INCOME
Transfers between|funds|||||26,673
(5,760)||99,566
5,760|126,239| ## ||||for the Year E|nded 31 Mai'ch 2|023||| |---|---|---|---|---|---|---|---| |12.|COMPARATIVES FORTHE||STATEMENT|OF FINANCIAL|ACTIVITIES|-continued|| ||||||Unrestricted|Restricted|Total| ||||||funds|funds|funds| ||Net movemeut
in funds||||20,9l3|105,326|l26,239| ||RECONCILIATION|OF I1'UNDS|||||| ||Total funds brought forward||||291,130|71,017|362,147| ||TOTAL FUNDS CARRIED FORWARD||||312043|176343|488 386| |13.|TANGIBLE FIXEDASSETS||||||| |||||Fixtures|||| ||||Plant and|and|Motor|Computer|| ||||machinery|fittings|vehicles|equipment|Totals| ||COST||||||| ||At 1 April 2022
Disposals||15,909|39,742|31,400
~31400)|25,272|112,323
~31400)| ||At 31March 2023||~15 909|~39 742||~25 272|~80 923| ||DEPRECIATION||||||| ||At 1 April 2022
Charge for year
Eliminated
on disposal||15,909|35,123
1,155|30&530
218
~30748)|23&186
522|104,748
1,895
~30748)| ||At 3l March 2023||~15 909|~36 27S||~23 708|~75 S95| ||NET BOOI&VALUE||||||| ||At 31March 2023|||~3464||~1564|~5028| ||At 3 l March 2022|||4 619
7|870|2,086|7575| ## ## |Plant and mac|hinery
comprises
assets associated with the Christmas
Land fu|ndraising
event,|| |---|---|---|---| |DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|31.3.23|31.3,22| |Trade debtors||2,746|25,636| |Prepayments|and accrued income|34432|191646| |||37178|217,282| ## ## ## ## |CREDITORS:AMOUNTS FALL|ING DUE %ITHIN ONE YEAR||| |---|---|---|---| |||31.3.23|31.3,22| |||g|| |Trade creditors
Social security
and other taxes
Other creditors
Accruals and deferred income||22,751
16,657
4,047
284 340|21,844
17,620
3273
208 309| |||327795|251 046| |||31.3.23|1.3.22| |Deferred Income|||| |Deferred income at 1April 2022
Incoming
resources deferred during
Released fiom previous
years|the year|198,671
275,387
~198671|37,520
198,671
~37520)| |Deferred income as at 31 March 2023||275387|198671| ## ## |MOVEMKNT IN FUNDS||||| |---|---|---|---|---| |||Net|Transfers|| |||movement|between|At| ||At 1.4.22|in funds|funds|31,3,23| ||||E|E| |Unrestricted
funds
General fund|312,043|119,197|(77,631)|353,609| |Restricted
funds
Restricted
funds|176,343|(46,843)|77,631|207,131| |TOTAL 14)DS|488 386|72354|-|560 740| |Net move)nent
in funds, included|in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |Unrestricted
funds
General fund||553,279|(434,082)|119,197| |Restricted funds
Restricted funds||876,007|(922,850)|(46,843)| |TOTALFUNDS||1429 286|~1,356932)|72 354| ## ## ## ## |Comparatives
for movemen|t
in funds||||| |---|---|---|---|---|---| ||||Net|Transfers|| ||||movement|between|At| |||At 1,4,21|in funds|funds|31.3.22| |Unrestricted
funds|||||| |General fund||281,130|26,673|4,240|312,043| |Designated
Funds||10000||~IO 000)|| |||291,130|26,673|(5,760)|312,043| |Restricted funds|||||| |Restricted funds||71,017|99,566|5,760|176,343| |TOTAL FUNDS||362 147|126 239|-|488 386| |Comparative
net movement|in funds, included|in the above are as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted
funds
General fund|||382,605|(355,932)|26,673| |Reshicted funds|||||| |Restricted
funds|||588,159|(488,593)|99,566| |TOTAL FUNDS|||970764|~844 525|126239| ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At 1.4.21|in funds|funds|31.3.23| |Unrestricted|funds||||| |General fund||281,130|145,870|(73,391)|353,609| |Designated|Funds|10000||~IO 000)|| |||291,130|145,870|(83,391)|353,609| |Restricted|funds||||| |Restricted funds||71,017|52,723|83,391|207,131| |TOTAL FUNDS||362 147|198593|-|560,740| ## ## ## |A current year 12 months
and prior year 1
as follows:|2 months
combined net movement
in|funds,
included
i|n the above a| |---|---|---|---| ||Incoming|Resources|Movemeut| ||resources|expended|in funds| |Unrestricted
funds|||| |General fund|935,884|(790,014)|145,870| |Restricted funds|||| |Restricted
funds|1,464,166|(1,411,443)|52,723| |TOTAL FUNDS|2400050|~2,20l 457)|l98593| ## ## ## ## |||Detailed Statement|ofFinancial Activities||| |---|---|---|---|---|---| |||for the Year Ended 31 March 2023|||| |||||3l,3.23|31.3.22| |INCOME AND ENDOWMENTS|||||| |'Donations
and legacies
Other income||||5)461|7,775| |Donations||||30,255|24,159| |Legacies|||||5 000| |||||35,716|36,934| |Other trading
activities
Fundraising
events||||248)517|199,019| |Investment
income
Deposit account interest||||1)727|45l| |Charitable
activities|||||| |Grants||||1,138,878|734,360| |Other income|||||| |Gain on sale oftangible fixed assets||||4 448|| |Total incoming
resources||||1,429,286|970,764| |EXPENDITURE|||||| |Raising donations
Wages
Fundraising
costs|and legacies|||31,052
229 174|25,317
151,056| |||||260,226|!76,373| |Charitable
activities|||||| |Wages
Social security
Pensions||||877,580
70,236
16)362|511,507
40,392
7,630| |Premises costs||||22,629|21,635| |Sundries||||58,110|49,715| |Minibus costs||||1,644|2,052| |Volunteer
and staff|travel|||10,163|6,679| |Subscriptions
and publications
Insurance
Depreciation||||7,536
7)918
1895|324
3,985
7 829| |||||1,074,073|651,748| |Support costs|||||| |Management
Wages
Carried forward||||14,657
14,657|l3,175
13,175| ## ||||Detailed Stateinent of Financial Activities||| |---|---|---|---|---|---| ||||for the Yeai Ended 31 March 2023||| |||||31,3,23|31.3.22| |||||f,|| |Managenient
Brought forward
Independent
examination||||14,657|13,175
2 303| |||||149657|15,478| |Finance|||||| |Bank charges||||1,076|926| |Governance||costs|||| |Auditors'
remuneration||||6900|| |Total resources||expended||~1356 32|844 525| |Net income||||72 354|126,239|