| STRUCTURE, GOVERNANCE AND MANAGEMENT |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
STRUCTURE, 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: | To be a trusted and valued First Choice Provider 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 |
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| putposes ofthe charity law, and throughout this report are |
referred to as Trustees. | |||||
| Those who served during the year were: | ||||||
| Mr. Naveed Ahmed (Chairman) (Joined 20/10/2010) |
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| Mr. Richard Fernandes (Joined 30th June 2014) |
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| Mr. Sudipta Ghosh (Joined 21st March 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 19October 2022 Virbala Patel |
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| Usha Sheth | ||||||
| Kumudben Shah |
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| Registered | Office: | Office No. I, Alexandra Business Suites, |
52 Alexandra | Road, Panders End, Enfield, | ||
| Middlesex, | ||||||
| EN3 7EH | ||||||
| Tek 020 8443 1197 Tel/Fax: 020 8443 1188 | ||||||
| Email: eawa.librarygaeawa. org.uk and info@eawa.org.uk | ||||||
| Website: www. eawa.org.uk | ||||||
| Day Centre | Sites: | Wheatsheaf Hall, Main Avenue, Bush Hill | Park, Enfield, EN1 | IDS from 20th July 2010 | ||
| Bankers: | Barclays Bank Plc, 20The Town, Enfield, | Middlesex, | EN2 | 6LY | ||
| CAF Bank Limited, 25, Kings Hill 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 office |
|
|---|---|
| Alexandra Business |
Suites |
| Office Number 1 |
|
| 52 Alexandra Road |
|
| Enfield | |
| EN3 7EH | |
| Trustees | |
| Naveed Ali Ahmed | |
| Samit Kumar Biswas | |
| Richard Alexander | Feinandes |
| Sudipta Ghosh | |
| Company Secretary |
|
| Miss Chetna Shah | |
| Independent Examiner |
|
| Chapmans | |
| Chartered Accountants |
|
| 9Churchill Court |
|
| 58 Station Road | |
| North Harrow | |
| HA2 7SA |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | fund | funds | funds | |||||
| Notes | I | |||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 185,852 | 185,852 | 193,145 | ||||
| Investment | income | 2,610 | 2,610 | 2,160 | ||||
| Total | 188,462 | 188,462 | 195,305 | |||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Charitable | ||||||||
| 251,431 | 4,934 | 256,365 | 213,586 | |||||
| NET INCOME/(EXPENDITURE) | (62,969) | (4,934) | (67,903) | (18,281) | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought forward |
505,611 | 17,809 | 523,420 | 541,701 | |||
| TOTAL FUNDS CARRIED FORWARD | 442,642 | 12,875 | 455,517 | 523,420 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | f | f, | |||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 1,367 | 1,367 | 1,922 | |
| CURRENT ASSETS | |||||
| Debtors | 11 | 24,923 | 24,923 | 25,091 | |
| Cash at bank and in hand | 435,218 | 12,875 | 448,093 | 507,515 | |
| 460,141 | 12,875 | 473,016 | 532,606 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (18,866) | (18,866) | (11,108) | |
| NKT CURRENT ASSETS | 441,275 | 12,875 | 454,150 | 521,498 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 442,642 | 12,875 | 455,517 | 523,420 | |
| NET ASSETS | 442,642 | 12,875 | 455,517 | 523,420 | |
| FUNDS | 14 | ||||
| Unrestricted funds |
442,642 | 505,611 | |||
| Restricted funds | 12,875 | 17,809 | |||
| TOTALFUNDS | 455,517 | 523,420 |
| 2. | DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
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|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Project related income | 799 | 24,055 | |||
| Spot contracts and service | users contributions | 184,634 | 168,980 | ||
| Donation &Miscellaneous | income | 419 | 110 | ||
| 185,852 | 193,145 | ||||
| 3. | INVESTMENT INCOME | ||||
| 2023 | 2022 | ||||
| Deposit account interest | 2,610 | 2,160 | |||
| 4. | CHARITABLE ACTIVITIES COSTS | ||||
| Support | |||||
| Direct | costs (see | ||||
| Costs | note 5) | Totals | |||
| Charitable | |||||
| 165,641 | 90,724 | 256,365 | |||
| 5. | SUPPORT COSTS | ||||
| Governance | |||||
| Management | costs | Totals | |||
| Charitable | |||||
| 89,524 | 1,200 | 90,724 | |||
| 6. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2023 | 2022 | ||||
| Depreciation —owned assets |
697 | 5,442 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Key employee remuneration -CEO |
48,776 | 46,493 | |||||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | |||||
| funds | fund | funds | |||||
| INCOME | AND ENDOWMENTS | FROM | |||||
| Donations | and legacies | 174,346 | 18,799 | 193,145 | |||
| Investment | income | 2,160 | 2,160 | ||||
| Total | 176,506 | 18,799 | 195,305 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | |||||||
| 212,596 | 990 | 213,586 | |||||
| NET INCOME/(EXPENDITURE) | (36,090) | 17,809 | (18,281) | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought forward |
541,701 | 541,701 | ||||
| TOTAL FUNDS CARRIED FORWARD | 505,611 | 17,809 | 523,420 |
| 10. | TANGIBLE FIXEDASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| arid | Motor | |||
| fittings | vehicles | Totals | ||
| COST | ||||
| At 1 April 2022 | 18,894 | 23,741 | 42,635 | |
| Additions | 142 | 142 | ||
| At 31March 2023 | 19,036 | 23,741 | 42,777 | |
| DEPRECIATION | ||||
| At 1 April 2022 | 16,972 | 23,741 | 40,713 | |
| Charge for year | 697 | 697 | ||
| At 31March 2023 | 17,669 | 23,741 | 41,410 | |
| NET BOOK VALUE | ||||
| At 31March 2023 | 1,367 | 1,367 | ||
| At 31March 2022 | 1,922 | 1,922 | ||
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| Fees receivable | 21,247 | 23,031 | ||
| Other debtors | 1,000 | |||
| Prepayments | 2,676 | 2,060 | ||
| 24,923 | 25,091 | |||
| 12, | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| Bank loans and overdrafts (see note 13) | 9,442 | |||
| Trade creditors | 2,721 | 3,760 | ||
| Social security and other taxes | 2,917 | 4,265 | ||
| Pension payable | 1,085 | 1,802 | ||
| Accrued expenses | 2,701 | 1,281 | ||
| 18,866 | 11,108 |
| An analysis o | f | the maturity oflo | ans is given below | : | ||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Amounts falling |
due within one | year on demand: | ||||||
| Bank overdrafts | 9,442 | |||||||
| 14. | MOVEMENT | IN FUNDS | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At I/4/22 | in funds | funds | 31/3/23 | |||||
| f | ||||||||
| Unrestricted | funds | |||||||
| Operational | 20,611 | (62,969) | 50,000 | 7,642 | ||||
| Designated | 485,000 | (50,000) | 435,000 | |||||
| 505,611 | (62,969) | 442,642 | ||||||
| Restricted funds | ||||||||
| Restricted | 17,809 | (4,934) | 12,875 | |||||
| TOTAL FUNDS | 523,420 | (67,903) | 455,517 | |||||
| Net movement | in funds, included | in the above are | as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources K |
expended f |
in funds | ||||||
| Unrestricted | funds | |||||||
| Operational | 188,462 | (251,431) | (62,969) | |||||
| Restricted funds | ||||||||
| Restricted | (4,934) | (4,934) | ||||||
| TOTAL FUNDS | 188,462 | (256,365) | (67,903) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1/4/21 | in funds | funds | 31/3/22 | ||
| Unrestricted | funds | ||||
| Operational | 31,701 | (36,090) | 25,000 | 20,611 | |
| Desitptated | 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 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | 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 1/4/21 | in funds | funds | 31/3/23 | ||
| f | f. | ||||
| Unrestricted | funds | ||||
| Operational | 31,701 | (99,059) | 75,000 | 7,642 | |
| Designated | 510,000 | (75,000) | 435,000 | ||
| 541,701 | (99,059) | 442,642 | |||
| Restricted funds | |||||
| Restricted | 12,875 | 12,875 | |||
| TOTALFUNDS | 541,701 | (86,184) | 455,517 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| Operational | 364,968 | (464,027) | (99,059) | |
| Restricted funds | ||||
| Restricted | 18,799 | (5,924) | 12,875 | |
| TOTAL FUNDS | 383,767 | (469,951) | (86,184) | |
| Designated | funds |
| 2023 | 2022f | |
|---|---|---|
| Redundancy Fund |
40,000 | 40,000 |
| Minibus Fund |
20,000 | 20,000 |
| Property Fund | 250,000 | 250,000 |
| Contingency Reserve |
125,000 | 175,000 |
| 2023 | 2022 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
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| Project related income | 799 | 24,055 | |
| Spot contmcts and service |
users contributions | 184,634 | 168,980 |
| Donation 61Miscellaneous |
income | 419 | 110 |
| 185,852 | 193,145 | ||
| Investment income |
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| Deposit account interest | 2,610 | 2,160 | |
| Total incoming resources | 188,462 | 195,305 | |
| EXPENDITURE | |||
| Charitable activities |
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| Wages | 94,648 | 78,604 | |
| Insurance | 1,673 | 1,432 | |
| Telephone | 13 | 194 | |
| Sundries | 4,550 | 2,874 | |
| Luncheon costs | 11,195 | 9,482 | |
| Rent | 23,628 | 15,654 | |
| Flower arranging | 3,374 | 2,538 | |
| Indian head massage | 2,081 | 1,913 | |
| Minibus expenses |
7,564 | 5,047 | |
| Pedicure | 363 | 113 | |
| QI Gong | 1,458 | 925 | |
| Reflexology | 4,713 | 2,275 | |
| Tai Chi | 1,071 | 147 | |
| Training cost | 285 | ||
| Transportation cost |
695 | 403 | |
| Yoga | 5,784 | 5,693 | |
| Chair based exercise | 425 | 475 | |
| Bad debts written off | 903 | ||
| Telephone | 139 | ||
| Entertainment | 513 | ||
| Sundry rei'reshment | 497 | ||
| Workshop / Project cost |
275 | ||
| Fixtures and fittings | 697 | 697 | |
| Motor vehicles | 4,746 | ||
| 165,641 | 134,115 | ||
| Support costs | |||
| Management | |||
| Wages | 71,590 | 68,016 | |
| Carried forward | 71,590 | 68,016 |
| 2023 | 2022 | ||
|---|---|---|---|
| Management | |||
| Brought forward | 71,590 | 68,016 | |
| Pensions | (1,443) | (2,026) | |
| Rent &rates | 6,364 | 6,010 | |
| Light and heat | 1,118 | (2,730) | |
| Telephone | 1,720 | 1,342 | |
| Postage and stationery | 677 | 39 | |
| Advertising | 958 | 273 | |
| Consultancy | fees | 2,892 | 4,344 |
| Bank charges | 123 | 105 | |
| Cleaning | 56 | 681 | |
| Internet charges | 127 | 33 | |
| ITexpenses | 92 | 332 | |
| Repairs &renewals | 56 | 240 | |
| Payroll fees | 420 | 543 | |
| Staff travelling | 111 | 50 | |
| Venuue hire | 1,720 | 571 | |
| Training | 80 | ||
| Motor expense | 65 | ||
| AGM Expense | 2,448 | ||
| Fund raising | expense | 350 | |
| 89,524 | 77,823 | ||
| Governance | costs | ||
| Accountancy | fees | 1,200 | 1,226 |
| Hire offunction room | 422 | ||
| 1,200 | 1,648 | ||
| Total resources | expended | 256,365 | 213,586 |
| Net expenditure | (67,903) | (18,281) |