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|STRUCTURE, GOVERNANCE
AND MANAGEMENT|STRUCTURE, GOVERNANCE
AND MANAGEMENT|STRUCTURE, GOVERNANCE
AND MANAGEMENT|||||
|---|---|---|---|---|---|---|
|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|||||
|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.|||||
|Directors and Trustees:||The directors ofthe charitable
company ("the Charity" ) are its Trustees for the|||||
|||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)|||||
|||Mr. Richard Fernandes
(Joined 30th June 2014)|||||
|||Mr. Sudipta Ghosh (Joined 21st March 2017)|||||
|||Mr. Samit Kumar Biswas (Joined 23rd October 2019)|||||
|Company
Secretary|||||||
|and Chief|Executive Officer;
Miss Chetna Shah||||||
|Users Advisory Committee:
Sunil Lakhani|||||||
|Elected 19October 2022
Virbala Patel|||||||
|||Usha Sheth|||||
|||Kumudben
Shah|||||
|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,|||
|||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||||
|---|---|---|---|---|---|
|||||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||||
|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||||
|Deposit account interest||2,610|2,160|
|Total incoming resources||188,462|195,305|
|EXPENDITURE||||
|Charitable
activities||||
|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)|
##
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##