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|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|
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|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|||
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||||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|
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||||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|
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|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|
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|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|
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|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|
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||||||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|
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|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|
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|||||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|
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|||||||||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|
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||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||||