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2022-03-31-accounts

Page
Trustees'
Trustees'
Annual
Report
Statement
oftrustees		 responsibilities
Independent
Examiner's		 report
Funds Stsfements:-
Statement
of Financial		 Activities 6
Statement
of Financial		 Activities - Prior Year statement 7
Fixed Asset funds 8
Movements
In funds		 9
Revenue
Funds		 9
Income snd Expenditure account 10
Balance sheet 11
Cash flow statement 12
Notes to the accounts 15

Statement ofFinanc ial A ctivities for the year ended 31March 2 022
Seep
Rcf		 Current year
unrestricted		 Current yaar
Restricted		 current year
Total Funds		 Prior Year
Total Funds
Funds Funds
2822 2022 2022 2021
8 8 8
Income &Endowments from:
Donations
&		 Legacies AI 98,989 843,395 942,384 349,313
Expenditure on:
Raising funds 81 5,206 4e,sso 52,066 54,241
Charitable
acevltlss		 82 675,208 769,788 233,704
Total expenditure 6 eg,yse 722,068 821,834 287,945
Net Income for the year (777) 121,327 120,550 51,3ee
Net income after transfers A-B-C (777) 121,327 120,550 61,368
Nst movement
In funds		 (777) 121,327 120,550 61,368
Rscondllation
offunds:-		 E
Total funds brought
forward		 76,643 231,433 308,076 246,708
Total funds carried forward 75,866 428,626 308,076

Prior Year Prior Year Prior Year
8ORP
Rer		 Unrestricted Restrtcted Total Funds
Funds Funds
2021 2021 2021
8 r. 8
Income &Endowments from:
Donations
&Legacies		 AI 349,313 349,313
Charitable
activities		 A2
Other trading
activities		 A3
Investments A4
Other A5
Total Income 349,313 349,313
Expenditure
on;
Raising funds 81 54,241 54,241
Charitable
activities		 82 233,704 233,704
Other B3
Tax on surplus
on ordinary		 actlvlti 83
Other taxation 63
Total expenditure 287,945 287,945
Net gains on Investments
Net Income for the year 61,368 61,368
Transfers
between
funds
Net Income after transfers 61,368 61,368
Net movement
In funds		 61,368 61,368
Reconciliation
offunds:-		 E
Total funds brought forward 15,275 231,433 246,708
Total funds carried forward ?6,843 231,433 308,076

Croydon
BME Forum - Resources applied		 Croydon
BME Forum - Resources applied		 Croydon
BME Forum - Resources applied		 in the year ended 31 March 2022 towards fixed
assets for Charity use:-
2022 2021
8 8
Funds generated
in ths year ss		 detatsd
in the SOFA		 120,550 61,368
Resources
applied
on functional		 lixed assets (1,930)
Other applications
ot funds
Net resources available to fund charitable activities 118,620 61,368
Movements
in revenu		 Movements
in revenu		 Movements
in revenu		 e
and c		 apital funds for th e year ended 31 March 2022
Revenue accumulated funds
Unrestricted Restricted Total Last year
Funds Funds Funds TotalFunds
2022 2022 2022 2021
E E E E
Accumulated funds brought forward 76,643 231,433 308,076 246,708
Recognised gains and losses before (777) 121,327 120,550 61,368
transfers
75,866 352,760 428,626 308,076
Closing revenue funds 428,626 308,076
Summary of funds Unrestricted Restricted Total Last Year
and Funds Funds Total Funrls
Designated
funds
2022 2022 2022 2021
E r. E E
Revenue accumulated funds 75,866 352,760 428,626 308,076

Companies
Act 200		 6
2022 2021
6
Income
Income from operations 942,384 349,313
Investment
Income
Gross Income In the year before exceptional Items 942,384 349,313
Gross income ln the year Including exceptional Items 942,384 349,313
Expenditure
Charitable
expenditure,		 excluding depredation and amor0sation 768,962 233,273
Depreciation
snd amorllsation		 431
Fundraising
costs		 52,066 54,241
Realised losses
on dlsposals
ofsocial investments		 which are programme related
Total expenditure
in		 the year 821,834 28?,945
Net Income before tax ln the financial year 120,550 61,368
Tax on surplus
on ordinary
activities
Net Income after tax In the financial year 120,550 61,368
Retained surplus
for		 the financial year 120,550 61,368

SORP
Note Ref 2022 2021
6 6
Fixed assets A
Tangible assets 8 A2 5,478 4,354
Current assets B
Debtors 9 B2 271,956 80,479
Cash at bank and
In		 hand B4 478,845 226,721
Total current assets 750,801 307,200
Creditors: amounts falling due within
one year 10 C1 (327,654) (3,478)
Net current assets 423,147 303,722
The total net assets ofthe charity 428,626 308,076
The total net assets ofthe charity are funded by the funds ofthe charity, as follows:-
Restricted funds
Restricted
Revenue		 Funds 13 D2 49 365
49,365
Unrestricted
Funds
Unrestricted
Revenue		 Funds 13 D3 379,261 246,708
379,261 246,708
Designated
Funds
Total charity funds 428,626 308,076

2022 2021
E f
Cash flows from operating activities
Nst cash provided
by		 operating activities as shown below A 254,055 61,799
Cash flows from Investing scllvltlss
Purchase of property, plant and equipment (1,930)
Cash flows from financin sctlvltles
Net cash provided by financing
activities
Overall cash provided
by all activities		 A+B+C 252,125 61,799
Cash movements
Change
In cash and		 cash equivalents
from activities		 In the
year ended 31 March 2022 252,125 61,799
Cash and cash equivalents
at		 1 April 2021 226,721
Change
In cash and		 cash equivalents
due to exchange		 rate movements
Cash at bank and In hand lees overdrafts at 31 March 478,846 61,799

Net income as shown in the Statement in the Statement of Financial Activities 120,550 61,368
Adjustments
for:-
Depreciation
charges		 806 431
Write dovms of investmsnts
Nst unrsalised
losses		 on Investment assets
Decrease
In debtors		 (191,477)
increase
In creditors,		 excluding
loans		 324,176
Nst cash provided by operating activities A 254,055 61,799
Analysis ofcash and cash equivalents
2022 2021
6 8
Cash
In hand st for the year ended 31		 March 2022 478,845 226,721
Total cash and cash equivalents 478,845 226,721

At start Cash At end
ofyear Flows and ofyear
Cash 226,721 252,124 478,845
Other obligations - Deferred Revenue (242,964) (242,964)
Total 226,721 9,160 9,160

Net surplus
 before tax In the financial
year
2022 2021
6 6
The net surplus before tsx in the financial year Is stated after charglngs
Depreciation
of		 owned fixed assets 431
Pension costs 4,976 2,120

Salary costs 2022 2021
f
Gross Salaries excluding
trustees
and key management		 personnel 490,056 163,522
Employer's
NaUonal
Insurance
for all staff		 37,814 12,853
Employer's
contribution
to defined
benslit pension schemes		 4,976 2,120
Total salaries, wages and related costs 532,846 178,495
The average
number of part time staff employed		 in the year was 5 2
The average
number of full time staff employed		 In the year was 35 14
Ths estimated
full time equivalent
number
of sg		 staf employed in the year was 40 1e
The esffmslsd
equivalent
number offull Vme		 staff deployed ln dlfferenl acffvltles ln lhe year wasr-
Engaged on charitable
activities		 25
Engaged on publldty
activities		 5
Engaged on fundraising
activities		 5
Engaged on management
and administration		 5
The estimated
full Vme equivalenl		 number ofaffstaf employed as above 40 16
employe rs pension
contributions
fall into the following		 bands wsrs;—
2022 2021
f f
f60,001 to f70,000
f70,001 to f80,0tN
f80,001 to f90,000
f90,001 to f100,000

Currsnf Year Opening Rekraeed Received Deferred Deferred Deferred
neferrals from prfor less released at year end at year end
years In year
9 f. t
242,964 242,964 242,964
Total 242,964 242,964 242,964
2022 2021
f 6
These deferrals are Included In creditors 242,984

Current Year Land and
Buildings		 Plant &
Machinery		 Motor
Vehicles		 Total Total
Cost
At 1 Aprg 2021 37,202 37,202 37,202
Additions 1,930 1,930 1,930
At 31 March 2022 39132 39,132 39,132
Depreciation
At 1 April 2021 32,848 32,848 32,848
Charge for the year 806 808 808
At 31 March 2022 33,854 33,654 33,654
Net book value
At 31 March 2022 5,478 5478 5478
At 31 March 2021 4,354 4,354

2022 2021
f 6
271,958 80,479

10 Creditors: amounts falling due within falling due within one year 2022 2021
6 6
Trade creditors 24,359 2,108
Deferred Income - Unrestricted 5 designated funds 242,984
PATE, NIC VAT snd other taxes 60,331 1,370
327,654 3,478
11 Income and Expenditure account summary 2022 2021
8 8
At 1 April 2021 308,076 246,708
Surplus after tax for the year 120,550 61,368
At 31 March 2022 428,826 308,076
At 31 March 2022 At 31 March 2022 Unrestricted Osslgnstsd Restricted Total Total
funds funds funds Funds Funds
6 8
Tangible Fixed Assets 5,478 5,478 5,478
Current Assets 398,042 352,759 750,801 750,801
Current Usbllltles (327,654) (327,854) (327,654)
75,866 352,759 428,625 428,625
At 1 April 2021 Unrestricted Oeslgnatsd Restricted Total Total
funda
8		 funds
8		 fundsf Funds
6		 Furrrls
8
Tangible Fixed Assets 4,354 4,354 4,354
Current Assets 75,767 231,433 307,200 307,200
Current Uabillties (3,478) (3,478) (3,478)
76,643 231,433 308,076 308076

13 Change
In		 total f un ds ov er the year as s hown
ln Note 12		 ,analysed
by		 ,analysed
by		 ,analysed
by		 indlvldual indlvldual funds funds
Funds Movement
In		 Transfers Funds carried Funds
brought funds In 2022 between forward to carried
forward from funds In 2023 forward to
2021 2022 2023
Seo Note 14 Sse Note 0
E E
Unrestricted and designated funds:-
Unrestricted Revenue Funds 76,843 (777) 75,066 75,066
Total unrestricted and designated funds 75,866 75,866
Restricted funds:-
Restricted revenue funds and transfers 231,433 121,327 362,700 352,700
Total restricted funds 231,433 121,327 352,760 352,760
Total charity funds 300,076 120,550
14 Analysis of movements In funds over the year as shown in Note 13
Other
Income Expenditure Gales & Movement Movement
Losses In funds In funds
2022 2022 2022 2022 2022
E E E 6
Unrestricted
and designated		 funds:-
Unrestrlctsd Revenue Funds 98,989 (99,786) (777) (777)
Restricted lundsr-
Restrlcted
transfers		 revenue funds end 843,395 (722,068) 121,327 121,327
120550 120,550

Current year Current year Current year Prior Year
unrestricted Restricted Total Funds Total Funds
Funds Funds
2022 2022 2022 2021
2 6
Revenue grants from government and
public bodies
LBCroydon 97,996 97,996
London
Consortium		 ESFPrelect 1,500 1,500
Croydon CCG, MHPICS, Space, EMHIP,
CDW, EMHIP, LTC		 518,062 518,062
Hall Rent 24,108 24,108
Voice &Spedalist Vocal 28,000 28,000
COVID Funding 92,637 92,637
Mayor of London's Young 30,000 30,000
NHS 23,200 23,200
SLAM 53,500 53,500
Energy savings,
Ind. Grants,
Barber Shop &others		 Kick Start, 73,381 73,381
Total public sector revenue grants 98,989 843,395 942,384 349,313
Total Donations, Grants and Legacies
Total Donations,
Legacies		 Grants and 98,989 843,395 942,384 349,313

18 Support costs for charitable Support costs for charitable activities
Current year Current year Current year Prior Year
Unrestricted Restricted TotalFunds Total Funds
Current Year Funds Funds
2022 2022 2022 2021
6 f 6 6
Employee costs not included in direct costs
Employers'
Nl - Recharged salaries		 37,814 37,814 12,853
Salaries - Administrative
staff		 94,560 378,240 472,800 159,821
Defined benefit pension cost-
adminlstratlve
staff		 4,326 4,326 2,120
Temporary
staff and recruitment		 17,256 17,256 3,701
Training
and welfare - staff		 5,718 5,718 556
Travel and subsistence
-staff		 1,779 1,779 234
Entertaining 4,095 4,095
Premises Expenses
Rent payable
under operating		 leases 57,518 57,518 12,532
Rates and water charges 13,719 13,719
Light heat and power 6,406 6,406
Cleaning
and waste management		 9,122 9,122 6,716
Premises
repairs,
renewals
maintenance		 and 74,863 74,863 7,922
Property insurance 3,292 3,292 1,226
Administrative
overheads
Telephone,
fax and internet		 8,508 8,508 6,988
Stationery
and printing		 7,294 7494 3,309
Software licences and expenses 23,491 23,491 7,081
Advertising
and marketing		 4,161 4,161
Sundry expenses 992 992 687
Professional
fees paid to advisors other than the auditor orexaminer
Accountancy
fees other than
examination
or audit fees		 2,748 2,748 2,538
Legal fees 4,192 4,192
Consultancy
fees		 5,369 5,369
Other legal and professional 2,920 2,920 4,690
Financial costs
Bank charges 579 579 299
Depreciation
8,Amortisation		 in total for 806 806 431
Support costs before reallocation a4,5so 875,208 769,768 233,704
Total support costs - Current Year a4,56o 675,208 769,768 233,704

19 Total Charitable Total Charitable expenditure
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funda
Cunent
Year		 Funds Funds
2022 2022 2022 202t
0 2 F.
Total support costs 82d 94,560 675,206 rss,rss 233,704
Total charitable expenditure 82