| STRUCTURE& | STRUCTURE& | GOVERNANCE AND MANAGEMENT |
GOVERNANCE AND MANAGEMENT |
GOVERNANCE AND MANAGEMENT |
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|---|---|---|---|---|---|---|---|---|---|
| Incorporation as a Company: Company Limited by Guarantee No.5397785 - Incorporated |
on 18.3.2005 | ||||||||
| Registered | as Charity: | Registered Charity No. 1109149- Registered on 20.04.2005 | |||||||
| Governing | Document: | Memorandum and Articles ofAssociation |
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| Mission Statement: | To support, empower, and enrich the lives ofOlder |
Members | in | the Community. | |||||
| Our Vision | is: | Tobe a trusted and valued First Choice Pmvider ofInclusive | services that creates an | ||||||
| inspiring, positive, impact in the community. |
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| Directors and Trustees: | The directors ofthe charitable company ("the Charity" )are its Trustees for the | ||||||||
| purposes ofthe charity law, and throughout this report are |
referred | to as Trustees. | |||||||
| Those who served during the year were: | |||||||||
| Mr. Naveed Ahmed (Chaiunan) (Joined 20/10/2010) |
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| Mr. Richard Fernandes (Joined 30th June 2014) |
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| Mr. Sudipta Ghosh (Joined 21stMarch 2017) | |||||||||
| Mr. Samit Kumar Biswas (Joined 23rd October 2019) | |||||||||
| Company Secretary |
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| and Chief | Executive | Officer: Miss Chetna Shah |
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| Users Advisory | Committee: Sunil Lakhani |
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| Elected 27/10/21 | Virbala Patel | ||||||||
| Kumud Shah |
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| Chandrakala Shah |
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| Laxmi Deb | |||||||||
| Registered | Office: | Office No. 1,Alexandra Business Suites, |
52Alexandra | Road, | Ponders End, Enfield, | ||||
| Middlesex, | |||||||||
| EN3 7EH | |||||||||
| Tel; 0208443 1197 Tel/Fax: 020 8443 1188 | |||||||||
| Email: eawa.library@eawa. org.uk and infoeawa. | org.uk | ||||||||
| Website: www. eawa.org.uk | |||||||||
| Day Centre | Sites: | Wheatsheaf Hall, Main Avenue, Bush Hill | Park, Enfield, EN1 | 1DSfrom 20th July 2010 | |||||
| Bankers: | Barclays Bank Pic,20The Town, Enfield, | Middlesex, EN2 6LY | |||||||
| CAF Bank Limited, 25,Kings Hifi Avenue, | Kings | Hill, | West | Mailing, Kent, ME194JQ | |||||
| Independent | Examiner: | Chapmans Associates Limited, Chartered |
Accountants | and Registered Auditors, |
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| 9Churchill Court, 58 Station Road, North Harrow |
HA2 | 7SA. | |||||||
| REFERENCE | AND ADMINISTRATIVE DETAILS | ||||||||
| Registered | Company number | ||||||||
| 05397785 (England | and | Wales) | |||||||
| Registered | Charity | number | |||||||
| 1109149 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | f | f | |||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 2 | 174,346 | 18,799 | 193,145 | 200,707 | |
| Investment | income | 3 | 2,160 | 2,160 | 2,528 | ||
| Total | ]76,506 | 18,799 | 195,305 | 203,235 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | |||||||
| 212,596 | 990 | 213,586 | 152,828 | ||||
| NET INCOME/(EXPENDITURE) | (36,090) | 17,809 | (18,281) | 50,407 | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward | 541,701 | 541,701 | 491,294 | ||||
| TOTAL FUNDS CARRIED FORWARD | 505,611 | 17,809 | 523,420 | 541,701 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | f. | ||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | ],922 | 1,922 | 5,012 | |
| CURRENT ASSETS | |||||
| Debtors | ]1 | 25,091 | 25,091 | 22,908 | |
| Cash at bank and in hand | 489,706 | 17,809 | 507,515 | 532,547 | |
| 514,797 | 17,809 | 532,606 | 555,455 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (11,108) | (11,108) | (18,766) | |
| NET CURRENT ASSETS | 503,689 | 17,809 | 521,498 | 536,689 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 505,611 | 17,809 | 523,420 | 541,701 | |
| NET ASSETS | 505,611 | 17,809 | 523,420 | 541,701 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
505,611 | 541,701 | |||
| Restricted funds | 17,809 | ||||
| TOTAL FUNDS | 523,420 | 541,70] |
| 2. | DONATIONS AND LEGACIES | DONATIONS AND LEGACIES | DONATIONS AND LEGACIES | |||
|---|---|---|---|---|---|---|
| 2022f | 2021f | |||||
| Project related income | 24,055 | 5,000 | ||||
| Spot contracts and service | users contributions | 168,980 | 194,041 | |||
| Donation &Miscellaneous | income | 110 | 1,666 | |||
| 193,145 | 200,707 | |||||
| 3. | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| f | ||||||
| Deposit account interest | 2,160 | 2,528 | ||||
| 4. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 5) f |
Totalsf | ||||
| Charitable | ||||||
| 134,115 | 79,471 | 213,586 | ||||
| 5. | SUPPORT COSTS | |||||
| Governance | ||||||
| Management | costs | Totals | ||||
| Charitable | ||||||
| 77,823 | 1,648 | 79,471 | ||||
| 6. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is | stated atter charging/(crediting): | ||||
| 2022 | 2021 | |||||
| f | ||||||
| Depreciation - owned assets | 5,442 | 4,870 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Key employee remuneration | -CEO | 48,776 | 46,493 | ||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| f | f | f | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
200,707 | 200,707 | |||
| Investment income |
2,528 | 2,528 | |||
| Total | 203,235 | 203,235 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable | |||||
| 152,828 | 152,828 | ||||
| NET INCOME | 50,407 | 50,407 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought forward | 491,294 | 491,294 | |||
| TOTAL FUNDS CARRIED | FORWARD | 541,701 | 541,701 |
| 10. | TANGIBLE FIXEDASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | Motor | |||
| fittings | vehicles I |
Totals | ||
| COST | ||||
| At 1 April 2021 | 16,542 | 23,741 | 40,283 | |
| Additions | 2,352 | 2,352 | ||
| At 31March 2022 | 18,894 | 23,741 | 42,635 | |
| DEPRECIATION | ||||
| At 1 April 2021 | 16,276 | ]8,995 | 35,271 | |
| Charge for year | 696 | 4,746 | 5,442 | |
| At 31 March 2022 | 16,972 | 23,741 | 40,713 | |
| NET BOOKVALUE | ||||
| At 31March 2022 | 1,922 | 1,922 | ||
| At 31March 2021 | 266 | 4,746 | 5,012 | |
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| 6 | ||||
| Fees receivable | 23,031 | 20,506 | ||
| Prepayments | 2,060 | 2,402 | ||
| 25,091 | 22,908 | |||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| f | f | |||
| Trasle creditors | 3,760 | 13,321 | ||
| Social security and other taxes | 4,265 | 1,617 | ||
| Pension payable | 1,802 | 3,828 | ||
| Accrued expenses | 1,281 | |||
| 11,108 | 18,766 |
| MOVEMEN | T IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/21 | in funds | funds | 31/3/22 | ||
| 8 | |||||
| Unrestricted | funds | ||||
| Operational | 31,701 | (36,090) | 25,000 | 20,611 | |
| Designated | 510,000 | (25,000) | 485,000 | ||
| 541,701 | (36,090) | 505,611 | |||
| Restricted funds | |||||
| Restricted | 17,809 | 17,809 | |||
| TOTAL FUNDS | 541,701 | (18,281) | 523,420 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| incoming | Resources | Movement | |||
| resources f |
expended f |
in funds | |||
| Unrestricted | funds | ||||
| Operational | 176,506 | (212,596) | (36,090) | ||
| Restricted funds | |||||
| Restricted | 18,799 | (990) | 17,809 | ||
| TOTAL FUNDS | 195,305 | (213,586) | (18,281) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1/4/20 | in funds | funds | 31/3/21 | ||
| f | f | f. | 8 | ||
| Unrestricted | funds | ||||
| Operational | 31,294 | 50,407 | (50,000) | 31,701 | |
| Designated | 460,000 | 50,000 | 510,000 | ||
| 491,294 | 50,407 | 541,701 | |||
| TOTAL FUNDS | 491,294 | 50,407 | 541,701 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended f |
in funds f, |
|||
| Unrestricted | funds | ||||
| Operational | 203,235 | (152,828) | 50,407 | ||
| TOTALFUNDS | 203,235 | (152,828) | 50,407 | ||
| A cunent year | 12months | and prior year 12months combined position is as follows: | |||
| Net | Transfers | ||||
| movement | between | At | |||
| At I/4/20 | in funds | funds | 31/3/22 | ||
| Unrestricted | funds | ||||
| Operational | 31,294 | 14,317 | (25,000) | 20,611 | |
| Designated | 460,000 | 25,000 | 485,000 | ||
| 491,294 | 14,317 | 505,611 | |||
| Restricted funds | |||||
| Restricted | 17,809 | 17,809 | |||
| TOTAL FUNDS | 491,294 | 32,126 | 523,420 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds f |
||
| Unrestricted | funds | |||
| Operational | 379,741 | (365,424) | 14,317 | |
| Restricted funds | ||||
| Restricted | 18,799 | (990) | 17,809 | |
| TOTAL FUNDS | 398,540 | (366,414) | 32,126 | |
| Designated | funds |
| 2022 | 2021 | ||
|---|---|---|---|
| f | |||
| Redundancy | Fund | 40,000 | 40,000 |
| 2022 | 2021 | ||
|---|---|---|---|
| I | f | ||
| INCOME AND ENDOWMENTS | |||
| Donations aad legacies | |||
| Project related income | 24,055 | 5,000 | |
| Spot contracts and service | users contributions | 168,980 | 194,041 |
| Donation Ih Miscellaneous |
income | 110 | 1,666 |
| 193,145 | 200,707 | ||
| Investment income |
|||
| Deposit account interest | 2,]60 | 2,528 | |
| Total incoming resources | 195,305 | 203335 | |
| EXPENDITURE | |||
| Charitable activities |
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| Wages | 78,604 | 55,747 | |
| Insurance | 1,432 | 1,346 | |
| Telephone | 194 | ||
| Sundries | 2,874 | 2,514 | |
| Transport service users |
1,650 | ||
| Luncheon costs | 9,482 | 9,766 | |
| Cost ofactivities | 4,022 | ||
| Rent | 15,654 | ||
| Flower arranging | 2,538 | ||
| Indian head massage | 1,913 | ||
| Minibus expenses | 5,047 | ||
| Pedicure | 113 | ||
| Ql Gong | 925 | ||
| Reflexotogy | 2,275 | ||
| Tai Chi | 147 | ||
| Transportation cost |
403 | ||
| Yoga | 5,693 | ||
| Chair based exercise | 475 | ||
| Bad debts written off | 903 | ||
| Fixtures and fittings | 697 | 121 | |
| Motor vehicles | 4,746 | 4,749 | |
| 134,115 | 79,915 | ||
| Support costs | |||
| Management | |||
| Wages | 68,016 | 61,669 | |
| Pensions | (2,026) | ||
| Rent &rates | 6,010 | 5,340 | |
| Carried forward | 72,000 | 67,009 |
| 2022 | 2021f | |||
|---|---|---|---|---|
| Management | ||||
| Brought forward | 72,000 | 67,009 | ||
| Light and heat | (2,730) | |||
| Telephone | 1,342 | |||
| Postage and | stationery | 39 | 3,049 | |
| Advertising | 273 | |||
| Sundries | (1,185) | |||
| Consultancy | fees | 4,344 | 3,190 | |
| Bank charges | 105 | |||
| Cleaning | 681 | |||
| Internet charges | 33 | |||
| ITexpenses | 332 | |||
| Repairs &renewals | 240 | |||
| Payroll fees | 543 | |||
| Stafftravelling | 50 | |||
| Venuue hire | 571 | |||
| 77,823 | 72,063 | |||
| Governance | costs | |||
| Accountancy | fees | 1,226 | 1,200 | |
| Awayday/AGM | expenses | (350) | ||
| Hire offunction | room | 422 | ||
| 1,648 | 850 | |||
| Total resources | expended | 213,586 | 152,828 | |
| Net (expenditure)/income | (18,281) | 50,407 |