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|||Pacaee|
|---|---|---|
|Directors' and Trustees'|Report|2 —14|
|Report ofthe Independent|Examiner|15|
|Statement
of Financial Activities||16|
|Balance Sheet||17|
|Notes to the Financial Statements||18-29|
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|The Trustees|The Trustees|The Trustees|have identified|have identified|the major risks to which the charity
is exposed and|believe that|the|systems|in place are|
|---|---|---|---|---|---|---|---|---|---|
|adequate|to mitigate|||those risks. The charity's
Organisational
Risk Assessment||is reviewed|regularly.|||
|REFERENCE|||AND|ADMINISTRATIVE
DETAILS||||||
|Company||Number:|||04715685|||||
|Charity Number:|||||1108521|||||
|Trustees:|||||Rebecca Levene —Chair (appointed
9th November 2021)|||||
||||||Kim Hagiday —Convenor,
Finance Sub Committee|||||
||||||Vaibhav
Negi —Convenor,
Strategy Sub Committee|||||
||||||Helen
Mitcheg —Convenor,
HR Sub Committee|||||
||||||Heather Johnson|||||
||||||Ross Houston|||||
||||||Mark Ross|||||
||||||Celina
Ho|||||
||||||Andrea Garford-Tut|||||
||||||Oluwafela
Felix Ajayi
Peter Brotherton
(Appointed
13eJuly 2021)
Sujatha Senaratne
(Appointed 8" March 2022)
Elizabeth
Anderson
(Resigned 2~ June 2021)|||||
||||||Sera Baartman
(Resigned 8a March 2022)|||||
|Secretary:|||||Ross Houston|||||
|Senior Management||||Team:|Tony Bloor- Manager|||||
|Registered||Offic:|||Third Age Project Cumberland
Market, Regents|Park Estate,||||
||||||London, England,
NW1 3RH|||||
|Independent|||Examiner:||David Terry —Chartered
Accountant|||||
||||||Ramon Lee Ltd, 93Tabernacle
Street, London|EC2A 4BA||||
|Bankers:|||||NatWest Bank Pic, 45Tottenham
Court Road,|London W1T 2EA||||
||||||CAF Bank Ltd, 25 Kings
Hill Avenue,
Kings Hill,|West Maging,||Kent ME194JQ||
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|||||Notes|Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|||
|||||||E|||
|Income|||||||||
|Donations|||||53,475|25,000|78,475|72,407|
|Income from|charitable|activities|||19,950|146,044|165,994|181,613|
|Total income|||||73,425|171,044|244,469|254,020|
|Expenditure|||||||||
|Raising funds|||||5,384||5,384||
|Expenditure|on charitable||activities||37,718|127,662|165,380|175,055|
|Total expenditure|||||43,102|127,662|170,764|175,055|
|Net Income/(|expenditure)||and net||||||
|movement
In|funds for the||year||30,323|43,382|73,705|78,965|
|Reconciliation|offunds||||||||
|Total funds,
brought
forward|||||208,742|25,618|234,360|155,395|
|Total funds,|carried forward||||239,065|69,000|308,065|234,360|
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|DONATIONS||||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||E||8||
|British Land Company
Pic.||||10,404||10,404|10,000|
|L.B.Camden
- Strategic|Partner||||25,000|25,000|25,000|
|L.B.Camden
- Business|Covid||Grant|16,000||16,000|30,143|
|Francis Salway Endowement||Fund (LCF)||5,000||5,000||
|Masonic Charitable
Foundation||||5,000||5,000||
|The Regents Place Community|||Fund|9,077||9,077||
|Membership
Subscriptions||||2,300||2,300|156|
|Other Donations||||3,694||3,694|3,108|
|Donated services||||2,000||2,000|4,000|
|||||53,475|25,000|78,475|72,407|
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|INCOME FROM CHARITABLE|INCOME FROM CHARITABLE|INCOME FROM CHARITABLE|ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||f||f|f|
|Social activities and classes||||||||
|Age UK Camden
- Aging|Better||||35,043|35,043|41,250|
|Age UK Camden
- Men's|Project||||7,500|7,500|10,000|
|British Land Company
Pic.|||||||500|
|Camden
Giving
—Connecting||Older||||||
|People Together|||||22,466|22,466|29,955|
|Camden
Giving
—Covid Fund|||||||5,000|
|Camden
Giving - Men's Project|||||||6,000|
|Edward
Harvist
Fund|||||||5,000|
|Gordon Family Fund|||||9,000|9,000|9,000|
|L BCamden - Community|infrastrucrure|||||||
|Levy Fund|||||||10,429|
|The Henry Smith Charity|||||40,000|40,000||
|The London
Community|Foundation||||||9,979|
|The Mercers' Company|||||30,000|30,000||
|The National
Lottery Community|||Fund||||29,106|
|The Regents Place Community||Fund|||||7,500|
|UCL —Apple Tree Study|||||2,035|2,035|2,954|
|Other Donations|||||||150|
|Donated Services||||19,950||19,950|14,790|
|||||19,950|146,044|165,994|181,613|
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|ANALYSIS|OF EXPEND|ITUR|E|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Raising|||Social Activities|||Total|Total|
|||||||Funds||||&Classes||2022|2021|
|||||||||f||f||8|6|
|Staff Costs|||||||3,671|||66,074||69,746|65,311|
|Other Direct|Project Costs|||||||||46,695||46,695|60,456|
|Support Costs (Note 5)|||||||1,648|||50,635||52,283|45,488|
|Governance|Costs (Note|5)||||||64||1,976||2,040|3,800|
||||||||5,384|||165,380|170,764||175,055|
|Of the 6170,764 expenditure|||in 2022 (2021|||- f175,055),|||f43,102 was charged||to unrestricted||funds (2021|
|646,250) and 6127,662||to restricted|||funds (2021||—8128,805),|||||||
|ANALYSIS|OF SUPPORT AND|||GOVENANCE COSTS||||||||||
|The Charity|initially
identifies||the|costs of its||support functions.||||It then identifies|those|costs which relate to the||
|governance
function.
Governance
costs and
activity undertaken
(see note 4) in the year.||||||other||support|costs are allocated||to the|Charity's|sole charitable|
||||||||Support|||Governance||Total|Total|
|||||||||Costs||Costs||2022|2021|
|||||||||f|||||6|
|Office and administration||staff||||||3,671||||3,671||
|Premises costs||||||||26,267||||26,267|21,854|
|Communication
costs||||||||4,258||||4,258|2,386|
|Insurance||||||||2,007||||2,007|1,908|
|Professional|costs|||||||2,160||||2,160|4,349|
|Other office|costs|||||||937||||937|4,612|
|Depreciation||||||||12,983||||12,983|12,379|
|Independent|examiner's|fee||||||||2,040||2,040|1,800|
|||||||||52,283||2,040||54,323|49,288|
|NET INCOME/(EXPENDITURE)||||FOR THE YEAR||||||||||
||||||||||||2022||2021|
||||||||||||6|||
|Net movement
in funds||is shown|||after charging:|||||||||
|Independent|examiner's|fees|||||||||2,040||1,800|
|Depreciation||||||||||12,983|||12,379|
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|||2022|2021|
|---|---|---|---|
|||6|f|
|STAFF|COSTS|||
|Salaries||53,016|49,121|
|Redundancies||1,302||
|National|Insurance|78||
|Pension||560|1,655|
|Seconded Staff||18,461|14,536|
|||73,417|65,312|
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
||NET BOOK VALUES||||||||
||Short leasehold||improvements||||40,866|47,318|
||Furniture|and equipment|||||3,109|1,136|
||Computer|and|equipment||||7,743|12,238|
||||||||51,718|60,692|
||MOVEMENTS||IN YEAR||||||
||Cost or valuation||||Opening|||Closing|
||||||Balances|Additions|Dlsposals|Balances|
||||||f|f|f|f|
||Short leasehold||improvements||64,524|||64,524|
||Furniture|and equipment|||3,331|3,111||6,442|
||Computer|and|equipment||29,420|898||30,318|
||||||97,275|4,009||101,284|
||~OI|tl|||Opening|Charge||Closing|
||||||Balances|For Year|Disposals|Balances|
||||||f|f|f|f|
||Short leasehold||improvements||17,206|6,452||23,658|
||Furniture|and equipment|||2,195|1,138||3,333|
||Computer|and|equipment||17,182|5,393||22,575|
||||||36,583|12,983||49,566|
|10.|DEBTORS||||||||
||||||||2022|2021|
||||||||f|f|
||Trade debtors||||||6,250|1,200|
||Other debtors||||||780||
||Prepayments||||||989|1,018|
||||||||8,019|2,218|
|11.|CREDITORS:||amounts|falling due within one year|||||
||||||||2022|2021|
|||||||||f|
||Creditors||||||408|12,479|
||Other creditors||||||2,418||
||Accruals||||||2,040|2,045|
||Deferred|income (Note 15)||||||16,489|
||||||||4,866|31,013|
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|MOVEMENTS
IN FUNDS||||||
|---|---|---|---|---|---|
|||Balance|Income|Expenditure|Balance|
|||at01.04.21|||at 31.03.22|
|||6|||6|
|Restricted funds:||||||
|L BCamden - Strategic partner||25,000|25,000|35,000|15,000|
|Social activities and c/asses||||||
|Age UK Camden
—Aging Better|||35,043|35,043||
|Age UK Camden
- Men's Project|||7,500|7,500||
|British Land Company
Pic.||500||500||
|Camden
Giving
—Connecting|Older|||||
|People Together|||22,466|22,466||
|Gordon
Family Fund|||9,000|9,000||
|The Henry Smith Charity|||40,000|10,000|30,000|
|The Mercers' Company|||30,000|6,000|24,000|
|The Regents Place Community|Fund|118||118||
|Ucl Apple-Tree
Study|||2,035|2,035||
|||25,618|171,044|127,662|69,000|
|Unrestricted
Funds:||||||
|General Funds||208,742|73,425|43,102|239,065|
|||208,742|73,425|43,102|239,065|
|Total funds||234,360|244,469|170,764|308,065|
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
|13.|ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS|||||||||(Cont/d)|||
||Analysis|of fund|balances||between|net assets —previous|||year||||
|||||||||Unrestricted|||Restricted|Total|
|||||||||||Funds|Funds|2021|
|||||||||||E||f|
||Tangible|fixed assets||||||||60,692||60,692|
||Net current assets||||||||148,050||25,618|173,668|
||||||||||208,742||25,618|234,360|
|14.|LEASE|COMMITMENTS|||||||||||
||The charity has operating|||lease commitments|||as shown|below:|||||
||||||||||||2022|2021|
||||||||||||E||
||Within one year||||||||||15,000|15,000|
||Two to five years||||||||||60,000|60,000|
||Over five years||||||||||20,000|35,000|
||||||||||||95,000|110,000|
|15.|DEFERRED INCOME||||||||||||
||||||||||||2022|2021|
||||||||||||6||
||Balance|as at 1st|April||||||||16,489|14,989|
||Amount|released|to income||in the year||||||(16,489)|(14,989)|
||Amount|deferred|in the year|||||||||16,489|
||Balance|as at 31st March||||||||||16,489|
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