| Pac ee | |||
|---|---|---|---|
| Directors' | and Trustees' | Report | 2 —11 |
| Report of | the Independent | Examiner | 12 |
| Statement | ofFinancial Activities | 13 | |
| Balance Sheet | 14 | ||
| Notes to the Financial Statements | 15—26 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
REFERENCE AND ADMINISTRATIVE DETAILS |
||
|---|---|---|---|---|---|---|
| Company | Number: | 04715685 | ||||
| Charity Number: |
1108521 | |||||
| Trustees: | Vaibhav Negi - Acting Chair |
|||||
| Kim Halliday - Chair, Finance Sub Committee | ||||||
| Heather Johnson | ||||||
| Mark Ross | ||||||
| Sera Baartman | ||||||
| Celina Ho | ||||||
| Andrea Garford-Tull |
||||||
| Oluwafela Felix Ajayi (Appointed 14w December 2020) Helen Mitchell —Chair HR Sub-committee (Appointed 14w December 2020) |
||||||
| Peter Brotherton (Appointed 13'"July 2021) Harish Gulati (Resigned 16"October 2020) Kozimzhon khusanov (Resigned 11'"September 2020) Elizabeth Anderson (Appointed 14w December 2020 &Resigned 2~ June 2021) |
||||||
| Secretary: | Ross Houston | |||||
| Senior Management | Team: | Tony Bloor —Manager | ||||
| Registered | Office: | Third Age Project Cumberland Market, Regents London, England, NW1 3RH |
Park Estate, | |||
| Independent | Examiner: | Samir Shah —Chartered Accountant Ramon Lee I td, 93Tabernade Street, London |
EC2A 4BA | |||
| Bankers: | NatWest Bank Pic, 45 Tottenham Court Road, London W1T 2EA CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Mailing, Kent ME194JQ |
| FOR T | HE YEAR | ENDED 31ST | MARCH 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | 2021 | 2020 | ||||
| Funds | Funds | |||||||
| 6 | f | |||||||
| Income | ||||||||
| Donations | 47,407 | 25,000 | 72,407 | 40,952 | ||||
| Income from | charitable | activities | 61,190 | 120,423 | 181,613 | 150,966 | ||
| Total income | 108,597 | 145,423 | 254,020 | 191,918 | ||||
| Expenditure | ||||||||
| Expenditure | on charitable | activities | 46,250 | 128,805 | 175,055 | 157,716 | ||
| Total expenditure | 46,250 | 128,805 | 175,055 | 157,716 | ||||
| Net incomei( | expenditure) | and net | ||||||
| movement In |
funds for the | year | 62,347 | 16,618 | 78,965 | 34,202 | ||
| Reconciliation | oifunds | |||||||
| Total funds, brought forward |
146,395 | 9,000 | 155,395 | 121,193 | ||||
| Total funds, | carried forward | 208,742 | 25,618 | 234,360 | 155,395 |
| Unrestricted | Restricted | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Funds | Funds | |||||
| f | f | |||||
| Sac/al activities and classes | ||||||
| British Land Company Pic. |
500 | 500 | 1,135 | |||
| L BCamden - Community | infrastrucrure | 10,429 | 10,429 | |||
| Levy Fund Age UK Camden - Aging Age UK Camden - Men's Camden Giving - Men's |
Better Project Project |
41,250 | 10,000 6,000 |
41,250 10,000 6,000 |
46,572 10,272 6,000 |
|
| Camden Giving - Connecting Older |
29,955 | 29,955 | 30,787 | |||
| People Together Camden Giving - Talk English Course |
580 | |||||
| Camden Giving - Covid |
Fund | 5,000 | 5,000 | |||
| The National Lottery Community |
Fund | 29,106 | 29,106 | |||
| Gordon Family Fund | 9,000 | 9,000 | 5,000 | |||
| North London Philantrophic Trust |
10,000 | |||||
| The Regents Place Community | Fund | 7,500 | 7,500 | |||
| Ucl Apple-Tree Study |
2,954 | 2,954 | ||||
| Ladbrokes | 10,000 | |||||
| Edward Harvist Fund |
5,000 | 5,000 | ||||
| Donated Services | 14,790 | 14,790 | 27,180 | |||
| User Contributions | 3,440 | |||||
| The London Community | Foundation | 9,979 | 9,979 | |||
| Other donations | 150 | 150 | ||||
| 61,190 | 120,423 | 181,613 | 150,966 |
| ANALYSIS | OF EXPENDITURE | |||
|---|---|---|---|---|
| Social | 2021 | 2020 | ||
| activities & |
||||
| classes | ||||
| f | ||||
| Staff Costs | 65,311 | 65,311 | 58,845 | |
| Other Direct | Project Costs | 60,456 | 60,456 | 58,219 |
| Support Costs (Note 5) | 45,488 | 45,488 | 37,852 | |
| Governance | Costs (Note 5) | 3,800 | 3,800 | 2,800 |
| 175,055 | 175,055 | 157,716 |
| activity under | take | n (see |
note 4) | in the year. |
|||
|---|---|---|---|---|---|---|---|
| General | Governance | 202'I | 2020 | ||||
| Support | Function | ||||||
| f | 6 | ||||||
| Independent | examiner's | fees | 1,800 | 1,800 | 1,800 | ||
| Premises costs | 21,854 | 21,854 | 16,224 | ||||
| Communication | costs | 2,386 | 2,386 | 5,724 | |||
| Insurance | 1,908 | 1,908 | 1,749 | ||||
| Professional | expenses | 2,349 | 2,000 | 4,349 | 3,274 | ||
| Other office | costs | 4,612 | 4,612 | 2,172 | |||
| Depreciation | 12,379 | 12,379 | 9,709 | ||||
| 45,488 | 3,800 | 49,288 | 40,652 | ||||
| NET INCOME/(EXPENDITURE) | FOR THE YEAR | ||||||
| 202'I | 2020 | ||||||
| Net movement | in funds | Is shown after charging: | |||||
| Independent | examiner's | fees | 1,800 | 1,800 | |||
| Depreciation | 12,379 | 9,709 |
| ANALYSIS OF STAFF COSTS, TRUSTEE MANAGEMENT PERSONNEL |
S REMUNERATION AND EXPENSES, AND |
COST OF KE |
|---|---|---|
| 2021 | 2020 | |
| STAFF COSTS | ||
| Salaries | 49,121 | 37,452 |
| Pension | 1,655 | 225 |
| Seconded Staff | 14,536 | 21,168 |
| 65,312 | 58,845 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| NET BOOK VALUES | ||||||
| Short leasehold | Improvements | 47,318 | 53,770 | |||
| Furniture | and equipment | 1,136 | 1,302 | |||
| Computer | and | equipment | 12,238 | 7,251 | ||
| 60,692 | 62,323 | |||||
| MOVEMENTS | IN YEAR | |||||
| ~t | Opening | Closing | ||||
| Balances | Additions | Disposals | Balances | |||
| f | 6 | f | ||||
| Short leasehold | improvements | 64,524 | 64,524 | |||
| Furniture | and equipment | 2,981 | 350 | 3,331 | ||
| Computer | and | equipment | 19,022 | 10,398 | 29,420 | |
| 86,527 | 10,748 | 97,275 | ||||
| gee Igttio t | Opening Balances |
Charge For Year |
Disposals | Closing Balances |
||
| f | 6 | 6 | 6 | |||
| Short leasehold | improvements | 10,754 | 6,452 | 17,206 | ||
| Furniture | and equipment | 1,679 | 516 | 2,195 | ||
| Computer | and | equipment | 11,771 | 5,411 | 17,182 | |
| 24,204 | 12,379 | 36,583 |
| 10. | DEBTORS | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| 8 | ||||||||
| Trade debtors | 1,200 | 7,200 | ||||||
| Other debtors | 122 | |||||||
| Prepayments | 1,018 | 4,391 | ||||||
| 2,218 | 11,713 | |||||||
| 11. | CREDITORS: amounts | falling | due within one year | |||||
| 2021 | 2020 | |||||||
| 8 | 8 | |||||||
| Creditors | 12,479 | 12,852 | ||||||
| Accruals | 2,045 | 1,800 | ||||||
| Deferred Income (Note |
15) | 16,489 | 14,989 | |||||
| 31,013 | 29,641 | |||||||
| 12. | MOVEMENTS IN FUNDS |
|||||||
| Balance | Income | Expenditure | Balance | |||||
| at 01.04.20 | at 31.03.21 | |||||||
| F | 6 | |||||||
| Restricted funds: | ||||||||
| L BCamden —Strategic partner Sociai activities and ciasses |
25,000 | 25,000 | ||||||
| British Land Company Pic. L8 Camden —Community Infrastrucrure |
500 | 500 | ||||||
| Levy Fund | 10,429 | 10,429 | ||||||
| Age UK Camden —Men's |
Project | 10,000 | 10,000 | |||||
| Camden Giving - Men's |
Project | 6,000 | 6,000 | |||||
| Camden Giving - Connecting |
Older | |||||||
| People Together | 29,955 | 29,955 | ||||||
| Camden Giving - Covid |
Fund | 5,000 | 5,000 | |||||
| The National Lottery Community |
Fund | 29,106 | 29,106 | |||||
| Gordon Family Fund |
9,000 | 9,000 | ||||||
| The Regents Place Community | Fund | 7,500 | 7,382 | 118 | ||||
| Ucl Apple-Tree Study |
2,954 | 2,954 | ||||||
| Ladbrokes | 9,000 | 9,000 | ||||||
| The London Community | Foundation | 9,979 | 9,979 | |||||
| 9,000 | 145,423 | 128,805 | 25,618 | |||||
| Unrestricted Funds: |
||||||||
| General Funds |
146,395 | 108,597 | 46,250 | 208,742 | ||||
| 146,395 | 108,597 | 46,250 | 208,742 | |||||
| Total funds | 155,395 | 254,020 | 175,055 | 234,360 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Balance | as at 1st | April | 14,989 | ||
| Amount | released | to income | in the year | (14,989) | |
| Amount | deferred | in the year | 16,489 | 14,989 | |
| Balance | as at 31st March | 16,489 | 14,989 |
| 2021 | 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E | f | |||||||||||
| INCOME | ||||||||||||
| Grants and donations: | ||||||||||||
| British Land Company | Pic. | 10,000 | 10,000 | |||||||||
| L BCamden - Strategic | Partner | 25,000 | 20,000 | |||||||||
| L BCamden - Business | Covid | Grant | 30,143 | |||||||||
| Other Donations | 3,108 | |||||||||||
| Membership Subscriptions |
156 | 3,290 | ||||||||||
| Donated Services | 4,000 | 3,000 | ||||||||||
| Donations | 4,662 | |||||||||||
| British Land Company Pic, L8 Camden —Community |
Infrastrucrure | Levy Fund | 500 10,429 |
1,135 | ||||||||
| Age UK Camden - Aging | Better | 41,250 | 46,572 | |||||||||
| Age UK Camden - Men's | Project | 10,000 | 10,272 | |||||||||
| Camden Giving —Men's |
project | 6,000 | 6,000 | |||||||||
| Camden Giving - Connecting |
Older People Together | 29,955 | 30,787 | |||||||||
| Camden Giving - Talk English |
Course | 580 | ||||||||||
| Camden Giving - Covid |
Fund | 5,000 | ||||||||||
| The National Lottery Community |
Fund | 29,106 | ||||||||||
| Gordon Family Fund |
9,000 | 5,000 | ||||||||||
| North London Philanthropic |
Trust | 10,000 | ||||||||||
| The Regents Place Community | Fund | 7,500 | ||||||||||
| UCL APPLE-Tree study | 2,954 | |||||||||||
| Ladbrokes | 10,000 | |||||||||||
| Edward Harvist Fund |
5,000 | |||||||||||
| Donated Services | 14,790 | 27,180 | ||||||||||
| User contributions | 3,440 | |||||||||||
| The London Community |
Foundation | 9,979 | ||||||||||
| Other Donations | 150 | |||||||||||
| 254,020 | 191,918 | |||||||||||
| TOTAL INCOME | 254,020 | 191,918 | ||||||||||
| EXPENDITURE | ||||||||||||
| Project costs | 60,456 | 58,219 | ||||||||||
| Staff costs | 65,311 | 58,845 | ||||||||||
| Premises costs | 21,854 | 16,224 | ||||||||||
| Communication costs |
2,386 | 5,724 | ||||||||||
| Insurance | 1,908 | 1,749 | ||||||||||
| Professional costs |
6,149 | 5,074 | ||||||||||
| Other office costs | 4,612 | 2,172 | ||||||||||
| Depreciation | 12,379 | 9,709 | ||||||||||
| TOTAL EXPENDITURE | 175,055 | 157,716 | ||||||||||
| NET SURPLUS FOR THE YEAR | 78,965 | 34,202 |
| FOR THE | YEAR ENDED 31ST | MARCH 202 | 1 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 6 | E | F | ||||
| EXPENDITURE | ||||||
| PROJECT COSTS: | ||||||
| General project costs Events and trips Donated services |
44,298 1,368 14,790 |
20,370 10,669 27,180 |
||||
| 60,456 | 58,219 | |||||
| STAFF COSTS | ||||||
| Wages and salaries Pension Expenses |
49,121 1,655 |
37,452 225 |
||||
| Seconded staff from RPTB | 14,536 | 21,168 | ||||
| 65,311 | 58,845 | |||||
| PREMISES COSTS | ||||||
| Light & heat Refund for electricity Cleaning Maintenance & Repairs Rent |
4,167 2,266 1,403 13,120 |
4,796 (6,419) 426 3,224 15,000 |
||||
| Rates | 802 | 3,197 | ||||
| Contribution from RPTB |
(4,000) | |||||
| Service charges | 97 | |||||
| 21,854 | 16,224 | |||||
| COMMUNICATION | COSTS | |||||
| Printing, postage and stationery Telephone Computer costs |
1,239 1,147 |
4,285 969 470 |
||||
| 2,386 | 5,724 | |||||
| INSURANCE | ||||||
| Insurance | 1,908 | 1,749 | ||||
| 1,908 | 1,749 | |||||
| PROFESSIONAL COSTS | ||||||
| Independent Examiner's fee Payroll Donated services |
1,800 349 4,000 |
1,800 274 3,000 |
||||
| 6,149 | 5,074 | |||||
| OTHER OFFICE COSTS | ||||||
| Travel and subsistence | 517 | 25 | ||||
| Refreshments | 74 | 182 | ||||
| Advertising Sundry Bank charges |
369 2,297 156 |
300 1,462 203 |
||||
| Trustee Recruitment | 1,200 | |||||
| 4,612 | 2,172 | |||||
| DEPRECIATION | ||||||
| Depreciation | 12,379 | 9,709 | ||||
| 12,379 | 9,709 | |||||
| 175,05 |