2020 Trustee Report - 2021 GENESIS IMPACT Table ol conlents 01 Introduction p03 02 Our Story So Far p04 03 Our Funders and Partners p05 04 Our Highlights p06 05 Our Communities p07 06 Our Courses p08 07 Raising Aspirations p09 08 Quotes from our Beneficiaries plo 09 Hardship Support 10 Community Events p 12 11 Appreciation from our Communities p 13-14 12 Our Aims and Our Plans for 2022 p 15 13 Acknowledgements p 16 2020/2021 02 Introduclion Dear Portners. Parents & Practitioners. As this year closes out, and we look towards what we hope is an end to this pandemic season, we are faced with a looming cost of living crisis and a series of challenges that will continue to apply pressure to families at a time when many have been through the most difficult of seasons. As we transition to a post-pandemic way of living. we have been extremely encouraged by the support that has allowed Genesis Impact to deliver impactful and life-changing programmes for many of the parents & families we have encountered. To our partners, it is through your generosity. kindness, funding & openness that we have been able to live out our mission to strengthen communities and foster family unity in a period of history that has tested every one of us in a deeply personal woy. We look forward to continuing this meaningful and impacting work with your continued support. To our parents and practitioners, we recognise the tangible impact that your contributions have had on the lives of many. despite your own family commitments and responsibilities in an equally testing time in this season. Please accept our thanks and appreciation for your dedication, tenacity and resilience to deliver consistently outstanding work. As a board, we pray that you. and your families, remain safe and are able to recharge to tackle this new season we are about to enter into. Yours faithfully, Babafemi Taiwo, Chair of Board and Trustee 03 Our Story So Far OUR IAISSION WHIHI WI STARTED 202012021 Tru$tee ReFvrt 04 Our Fun(lers and Partners Greenwlch foodb LONDON BOROUGH OF - BEXLEY NHS MSCI Central and North West London NHS Foundation Trust Jesus Pavillion KICC GLOBAL WELLBEING GREENWICH MIGRANT HUB Bexley Mother's Club ades CITY OF DAVID AHPN African Health Policy Network Improving Heallh and Wellbeing 05 Our Highlights 100010 Local Agencies worked Wilh Satislaction Rating 28 Courses and workshops delivered Communities Delivered to 635 people Reache(I Our Communities Hawksmoor Primary School Morden Mount Primary School St Augustine's Primary School Smiley Ark Thamesmead Community Bexley Community 07 Our Courses course Deiails our Beneiiciaries Providing w(Kti¢d purenting skills to help promote pty)sitive parenting. In additH)n delNering this programme in our partnèr school Positive Parenting 41 Providès Po￿nts wrth the skil15 (md obilty ne¢essory Keeping Children Safe for identifying and reswnding appropriately to concems obout children's safèty ond wèll-bein9. 48 Working With the wFv)le farn1￿. This service provides a platFomi for the voices of parent5 and children to be heard so that problem areas can be identified. and o toilored. strotegi¢ plan of a¢tion created. I:1 Family Support 231 Promotes mental (md emotional well-being. Confidence coaching in the form of interaction targeted ot individuols while helping them to deal with change, boost strengths ond develop new skills and behaviour Wellbeing 42 The prograrnme share5 procticd (Klvice and tips on parenting techniques thcrt work well with children & odolescent& It provides porenting guidance to support their child's social. behovioural and emotional needs. Parenting Pre-Teens 76 The SEND progr(Nnme provrde5 ¢knr infonnotiffi ond support for parents and families of children who have Special needs such as autism. ADHD and disabilrties. SEND Support 14 This is a club that allows the parents in out community to Circle of Parents Book meet and discuss bcM)ks ond express their opinh?ns. It is a Club social club that alk)w our parents to spend time doing s￿ethIng they enjoy. 59 The Bexley Mother's Club is a local agency that we collabor¢rted with to produce a 4 Sessi￿ parentin9 course. Mother's Club 65 06 Raising Aspirations Our Raising Aspirations Programme was born out of noticing the effect of Covid-19 on BAME communiiy in particular. We found thal our communities were facing barriers such as unemployment and a lack of access to information regarding avenues that can be lable lo work loward a holislic lifeslyle. This Programme focuses on avenues for increasing the Aspirations of benef iciaries and includes multiple workshops providing guidance on areas such as employment, healthy eating and Educalion. We work with individuals from different economic and social background. In this programme we recognise the effect of Covid-19 in a variety of communities. We have been able to Raise Aspirations in our communities in number of ways such as supporting with career change and career progression, encouraging our beneficiaries to upskill and seek higher educalion and introducing a peer mentoring scherne ihat gives parents the opportunily to better themselves and others. Raising Aspirations has resulted in our parents nol only bettering themselves, but also working towards raising ihe aspiralions of Iheir children and finding avenues to help them build brighler futures. We are proud to have been able to use hybrid delivery to reach individuals that we would have othenyise not had contact with for examples. young prof essionals and working parenls. Our Woikshops Pathways to NHS Careers and Employment London NHS Trust Gl Professional Pitch: Education and Civic Duties Promoting Healthy Eating Community Space: Parenting Tips for Young Families We always had weekty activities on different thing5 from well-being Eating healthy. Book club. mental health awareness, Parenting programmes a few to mention, which all had a positive impact on me. The most recent one l attended was Professional pitching lawarene55 and job application in which I benefited from at the end of the programme. l applied for a position via the NHS went ftbr the interview and I got a job. Genesis Impact has positively added value to my well-being. I will forever be grateful to Genesis Impact and the whole team for their work in me and my famity. 124 10001 Satisfaction from our attendees Thank you Ms Isomidola Olajide Beneficiaries Quotes Irom Our Beneiiciaries Very educative and informative Insightful and Inspiring Excellent Presentation Very well thought out Very good topic, well delivered and interactive Really enlightening l appreciate this training It's practical and i nteractive Well organised slides and examples Hardship Support Covid-19 has had an immense affecl on families for the years 202012021. There has since been a dramatic increase in Ihe support of basic needs for families and therefore ihe requirement foi Hardship Support has increased now more than before. Genesis Impact has worked to support families facing hardships by providing continuous support members of our communities. 201 Families Supported Communily Events Genesis impact have organised community events which have allowed us to not only support those who may have been affected by the increasing levels of loneliness and depression as a result of the pandemic, but also come together as a community to enjoy some lime together. Community Park Picnic Celebraling Black History Month Event Community Park Picnic Our Black History Month Community event was a great time to bring the community together to learn and appreciate our cultures. This was an experience shared between those in Ihe black communily as well as those who are from other communities. We Thank the Hawksmoor Parents Book Club for coming togelher lo create such wonderful memories. Below are some of the responses to one of our session queslions . Respect Versatile hairstyles- During the slave trade, womell hid rice in their braids for survival. Strength and Courage to rise above challenges and adversity. Communal support e.g. Family and Friends. Churches, Mosques and Schools. Hard wotk and Fortitude We appreciate and celebrate diversity. Organic and healthy food e.g Efo - Riro (Nutrients- Red pepper Vitamin C. A & Palm oil Vitamin C & rich constituents of monounsaturated fatty acids. Locust Beans- High lipid protein & carbohydrate. What do you value about our heritage 12 Appreciation Irom our Communities Thankyou Mrs Foluke and all the team members of genesis impact for always SUPPOrting us give us stuff without you it wouldn't be the best Christmas. you gave us Turkey rice everything,to even top it up you gave me and mysister chocolate. And I really appreciate it from bottom of my heart this won of the best Christmas so far and I really enjoyed myself I never thought that it will be the best Christmas because of Corona lockdown so much stuff. In fact I was just feed up with 2020 but thank to you. You made our day in such a nice Ipositive way I will never forget what you done for Us. Once again I say thank you God bless you and your team in Jesus name. Thanks for the precious xmas package. I'm very grateful. I pray we will all celebrate xm3s 2020 in happine55 Wlth our loved ones. 2021 shall be a betrer year for us all. Tope Awe. Joy Genesis Impart is a good organisation that likes touching people's life. They have touched my life and the lives of my children. When I was going through difficult time, I meant Genesis Impart who turns things around for us. They have been so helpful to me and kids. They have provided us with food stuff and clothing and looked after our wellbeing. Genesis Impact have offered me so much training, which has helped me to look after my kids. They have also helped me to b005t my self-confidence and relate with people. I want to say a big thank you to genesis Impatt for their good work. Catherine Nwajei. The wellbeing sessions are fun and helpful, We discLJSS many relevani iSSLJes. For Insiance, couple of week5 8go we have di5CU55ed about putting our Christmas Irees up early. We talked about the fatt that it helps us have a foc31 point, iaking our minds off curreni 1SSLJes and remind oursÈlves of positive things to look forward to. I did put my Iree up early, Ihis broLJght a lot of cheer ro my house. The second tip for me is the issue of budgeting, It Wa5 a good reminder for me to plan ahead especially where we have had a 1055 of salary due to Covid 19. On the whole I will say the sessions have been very helpful, given us important tips to improve our lives and remind us that staying positive for ourselves and families ai difficult times is achievable. Thè organisers are good listeners 8nd very helpful and I personally look fonNard 10 my well-being sessions. Thankyou. Lydia Akinola Appreciation Irom our Communities Thank you so much for the education and knowledge given to us during our training. Iys really appreciated, and li has improved our wellbeing spiritually, emotionally. physically, menièlly and generèl wellbeing. Thank you for your great contributions at this crucial time. You have indeed touched every area of our lives. li came ai the right lirne. Your charity organisaiion (Genesis Impacil has done greatjob and on behalf of our group I say BIG thank you to your Charity Organisation. Yours sinceroly, Yidiat Bola Agoro. l am grateful to Genesis Impact for the help and support they gave me especially during the pandemic. l a150 gained a lot through the tOPlCs regarding well-being and SEND support. Well done to Genesis Impact and team Victoria I have a daughter in Year 3 at Hawksmoor Primary School. 15Larted attending the classes early last year when my elder sister introduced me to Miss Foluke. I can say that I have benefited immensely from all the programmes. I have completed several classes.. Safeguarding Children. Time Out for Parents (The Teenage Years). Creativity in Learning and so on. just to mention a few. This year, 2020 especially, the classe5 have been instrumental in my coping with the Covid 19 pandemic. The Wellbeing classes via zoom were God sent. It helped me to effertively cope with the stress of the lockdown, especially seeing other mothers and sharing our deepest thoughts and fears. These helped me to put my mental health in check. It also helped me to be a better mother to my daughter5 by being physically. mentally. spiritually and emotionally ready at all times. The Fitness Classes via zoom was a lot of fun. The atmosphere in each class was lively and enjoyable. It was a great way to get a workout in without having to think or plan. Each class was structured with a warm-up. a balanced workout and a cool-down. The Book Club has been amazing. It has helped me to gain new perspectives. Learn to think critically and give a voice to my ideas. l also learnt how to converse more productively with others. In conclusion. I couldn't have achieved all that I mentioned above without the help of our Amiable Facilitator. Miss Foluke. Who is very great at bringing people together. Has excellent communication and interpersonal skills and m05t of all fflake all the classes lively and enjoyable. Adeyinka Galadima 14 Our Aims An(1 Our Plans lor 2022 Genesis Impact maintains the aim to build holistic communities and foster an environment in which children can thrive and become model citizens that positively conlribute to society. Whilsl Covid-19 has in some ways affected our ability to deliver in person programmes. The effecls of the pandemic have understandably seen a dramatic increase in safeguarding needs for both families and agencies. We have therefore responded to the demand from the communilies Ihat we support. Our services have heavily focused on supporting the complex safeguarding needs of Ihe most vulnerable children and parents and there our work nol only supports our communities but also strengthens them. Our Aims: 1 To Give Young people a sense of purpose, vision and destiny. 2 To prepare young people to take their place in the community and make a positive impact. 3 Supporting parenls to achieve their full potential and creale strong relalions with their children, improving their quality of life for the familiy as a whole unit. Our Plans for 2022 As we are tTansilioning into life a life after the pandemic, we have adopted hybrid approach to our delivery. This has allowed us to reach a number of beneficiaries in a way Ihat suits Ihem either digitally or in-person. In 2022, we will conlinue to deliver in our communities and will expand lo delivery wilhin the Brenl community. Addilionally, we will launch our online mentoring Programme. the Acclivily Programme. an 8-month mentorship programme designed to prepare high achieving B.A.M.E youth mentally. professionally and culluially for °life at the top.. programme Deiails Positively you. Brent Is the expansion of ¢)ur mental wellbeing programme in the Brent community. here we will focus on a workshop to irnprove the mental wellbeing of those the school and church communities. Positively You - Brent Thè Acclivity Progromme is o Youth Mentoring Progromme that focuses on Post16 students. The programme is focused on self-development and providing mentees with the hard-goined soft skills that are not provided within the realms of forrnol educotion but are necessory for thern to fulfil their lotent potentiol. Upskilling students to increose work reodiness will be ¢xhieved by partnering students wth mentors from our corporote portner The Acclivity Programme MSCI. 202012021 Trustee RepDrt5 15 Acknowledgements We would like to take this opportunity to Thank our Funders, Bexley Council National Lottery, MSCI and African Health Project, Partners Greenwich Food Bank, Father's House, KICC Thamesmead, RCCG (Jesus Pavilion) Ade's Food, Greenwich Migrant Hub. Central and North West London NHS Trust, our Trustees, Volunteers and our community for your continued support. During a shored trying period across the world, We truly appreciate you. We thank you for your continued support in our programmes Contacl Genesis Impact LTD 153 Disraeli Close. London SE28 8AW United Kingdom +447887406990 www.genesisimpact.org info@genesisimpact. 2020/2021 Trust•• Rgport 14 Registered number 05316940 Registered Charity Number 1110421 ## **GENESIS IMPACT** ## **(A Company Limited by Guarantee)** Report and Accounts 31 July 2021 ## **GENESIS IMPACT Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|2| |Accountants' report|3| |Profit and loss account|4| |Balance sheet|5| |Notes to the accounts|6| ## **GENESIS IMPACT Company Information** ## **Directors** Mrs A Olabode Mr O Akingbolagun Mr B Taiwo Rev B Omidiran Miss V Towobola ## **Secretary** Mr B Taiwo ## **Independent Examiner** Fumi Popoola FP Associates Limited 36A Goodmayes Road Ilford Essex IG3 9UR ## **Registered office** 53 Disraeli Close London SE28 8AW **Registered number** 05316940 1 **GENESIS IMPACT Registered number: Directors' Report** **05316940** The directors present their report and accounts for the year ended 31 July 2021. ## **Principal activities** The company's principal activity during the year continued to be that of Youth Club Activities. ## **Directors** The following persons served as directors during the year: Mrs A Olabode Mr O Akingbolagun Mr B Taiwo Rev B Omidiran Miss V Towobola ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 16 May 2022 and signed on its behalf. ## **Rev B Omidiran** Director 2 ## **GENESIS IMPACT Independent Examiners' Report** ## **Independent Examiners report to the directors of GENESIS IMPACT** I report to the charity trustees on my examination of the acounst of the company for the year ended 31 July 2021. ## Responsibilities and basis of the Report As the charity's trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounst of the company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. ## Independent examiners statement I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that: -accounting records were not kept in accordance with section 386of the Companies Act 2006; or -the accounts do not accord with such records; or -the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or -the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no concerns and have come across no other matters in connection with the examiation to which attention shoud be drawn in this report in order to enable a proepr understanding of the accounst to be reaced. Fumi Popoola FP Associates Limited Chartered Certified Accountants 36A Goodmayes Road Ilford Essex IG3 9UR 16 May 2022 3 ## **GENESIS IMPACT** ## **Income and Expenditure Account for the year ended 31 July 2021** |**Income**
Direct costs
**Gross surplus**
Administrative expenses
**Operating (loss)/surplus**
**(Loss)/suplus before taxation**
Tax on (loss)/surplus
**(Loss)/surplus for the financial year**|**2021**
**£**
52,843
(31,968)
20,875
(42,885)
(22,010)
(22,010)
-
(22,010)|**2020**
**£**
108,870
(76,616)| |---|---|---| |||32,254
(15,647)| |||16,607| |||16,607
-| |||16,607| 4 ## **GENESIS IMPACT** **Registered number:** 05316940 **Balance Sheet as at 31 July 2021** |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current assets**
**Net assets**
**Capital and reserves**
Income and Expenditure account
**Totals funds**|**2021**
**£**
5,655
(390)
5,265
5,265
5,265
5,265|**2020**
**£**
27,665
(390)
27,275
27,275
27,275
27,275|**2020**
**£**
27,665
(390)
27,275
27,275
27,275
27,275| |---|---|---|---| ||||| ||||27,275| ||||27,275| ||||27,275| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. ## **Rev B Omidiran** Director Approved by the board on 16 May 2022 5 **GENESIS IMPACT Notes to the Accounts for the year ended 31 July 2021** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Income**_ Incoming resources are accounted for on a receivable basis. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**Provisions**_ Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |**2**
**Employees**
Average number of persons employed by the company|**2021**
**Number**
0|**2020**
**Number**
0| |---|---|---| 6 ## **GENESIS IMPACT Notes to the Accounts** ## **for the year ended 31 July 2021** |**3**|**Creditors: amounts falling due within one year**|**2021**|**2020**| |---|---|---|---| |||**£**|**£**| ||Other creditors|390|390| **4 Controlling party** The company is limited by guarantee and therefore has no share capital. ## **5 Other information** GENESIS IMPACT is a private company limited by shares and incorporated in England. Its registered office is: 53 Disraeli Close London SE28 8AW 7 ## **GENESIS IMPACT** ## **Detailed Income and Expenditure account for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income**
Direct costs
**Gross Surplus**
Administrative expenses
**Operating (loss)/surplus**
**(Loss)/surplus before tax**|**2021**
**£**
52,843
(31,968)
20,875
(42,885)
(22,010)
(22,010)|**2020**
**£**
108,870
(76,616)| |---|---|---| |||32,254
(15,647)| |||16,607| |||16,607| 8 ## **GENESIS IMPACT** ## **Detailed Income and Expenditure account for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income**
Positive Parenting Programme
Windrush
Hawkesmoor School
Grants
Sundry
African Health Policy Network
**Direct Costs**
Direct labour
**Administrative expenses**
Employee costs:
Motor expenses
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Subscriptions
Insurance
Administration
Computer costs
Charitable Donations
Legal and professional costs:
Accountancy fees
Consultancy fees
Advertising and PR
Other legal and professional|**2021**
**£**
17,730
-
1,745
16,250
7,118
10,000
52,843
31,968
10
10
640
-
1,631
168
392
16,568
45
1,123
20,567
390
20,135
1,770
13
22,308
42,885|**2020**
**£**
43,753
5,400
8,406
29,800
21,511
-| |---|---|---| |||108,870| |||76,616| |||10| |||10| |||683
24
65
123
1,109
12,005
200
961| |||15,170| |||390
-
77
-| |||467| |||| |||15,647| 9 Registered number 05316940 Registered Charity Number 1110421 ## **GENESIS IMPACT** ## **(A Company Limited by Guarantee)** Report and Accounts 31 July 2021 ## **GENESIS IMPACT Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|2| |Accountants' report|3| |Profit and loss account|4| |Balance sheet|5| |Notes to the accounts|6| ## **GENESIS IMPACT Company Information** ## **Directors** Mrs A Olabode Mr O Akingbolagun Mr B Taiwo Rev B Omidiran Miss V Towobola ## **Secretary** Mr B Taiwo ## **Independent Examiner** Fumi Popoola FP Associates Limited 36A Goodmayes Road Ilford Essex IG3 9UR ## **Registered office** 53 Disraeli Close London SE28 8AW **Registered number** 05316940 1 **GENESIS IMPACT Registered number: Directors' Report** **05316940** The directors present their report and accounts for the year ended 31 July 2021. ## **Principal activities** The company's principal activity during the year continued to be that of Youth Club Activities. ## **Directors** The following persons served as directors during the year: Mrs A Olabode Mr O Akingbolagun Mr B Taiwo Rev B Omidiran Miss V Towobola ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 16 May 2022 and signed on its behalf. ## **Rev B Omidiran** Director 2 ## **GENESIS IMPACT Independent Examiners' Report** ## **Independent Examiners report to the directors of GENESIS IMPACT** I report to the charity trustees on my examination of the acounst of the company for the year ended 31 July 2021. ## Responsibilities and basis of the Report As the charity's trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounst of the company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. ## Independent examiners statement I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that: -accounting records were not kept in accordance with section 386of the Companies Act 2006; or -the accounts do not accord with such records; or -the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or -the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no concerns and have come across no other matters in connection with the examiation to which attention shoud be drawn in this report in order to enable a proepr understanding of the accounst to be reaced. Fumi Popoola FP Associates Limited Chartered Certified Accountants 36A Goodmayes Road Ilford Essex IG3 9UR 16 May 2022 3 ## **GENESIS IMPACT** ## **Income and Expenditure Account for the year ended 31 July 2021** |**Income**
Direct costs
**Gross surplus**
Administrative expenses
**Operating (loss)/surplus**
**(Loss)/suplus before taxation**
Tax on (loss)/surplus
**(Loss)/surplus for the financial year**|**2021**
**£**
52,843
(31,968)
20,875
(42,885)
(22,010)
(22,010)
-
(22,010)|**2020**
**£**
108,870
(76,616)| |---|---|---| |||32,254
(15,647)| |||16,607| |||16,607
-| |||16,607| 4 ## **GENESIS IMPACT** **Registered number:** 05316940 **Balance Sheet as at 31 July 2021** |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current assets**
**Net assets**
**Capital and reserves**
Income and Expenditure account
**Totals funds**|**2021**
**£**
5,655
(390)
5,265
5,265
5,265
5,265|**2020**
**£**
27,665
(390)
27,275
27,275
27,275
27,275|**2020**
**£**
27,665
(390)
27,275
27,275
27,275
27,275| |---|---|---|---| ||||| ||||27,275| ||||27,275| ||||27,275| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. ## **Rev B Omidiran** Director Approved by the board on 16 May 2022 5 **GENESIS IMPACT Notes to the Accounts for the year ended 31 July 2021** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Income**_ Incoming resources are accounted for on a receivable basis. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**Provisions**_ Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |**2**
**Employees**
Average number of persons employed by the company|**2021**
**Number**
0|**2020**
**Number**
0| |---|---|---| 6 ## **GENESIS IMPACT Notes to the Accounts** ## **for the year ended 31 July 2021** |**3**|**Creditors: amounts falling due within one year**|**2021**|**2020**| |---|---|---|---| |||**£**|**£**| ||Other creditors|390|390| **4 Controlling party** The company is limited by guarantee and therefore has no share capital. ## **5 Other information** GENESIS IMPACT is a private company limited by shares and incorporated in England. Its registered office is: 53 Disraeli Close London SE28 8AW 7 ## **GENESIS IMPACT** ## **Detailed Income and Expenditure account for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income**
Direct costs
**Gross Surplus**
Administrative expenses
**Operating (loss)/surplus**
**(Loss)/surplus before tax**|**2021**
**£**
52,843
(31,968)
20,875
(42,885)
(22,010)
(22,010)|**2020**
**£**
108,870
(76,616)| |---|---|---| |||32,254
(15,647)| |||16,607| |||16,607| 8 ## **GENESIS IMPACT** ## **Detailed Income and Expenditure account for the year ended 31 July 2021** _This schedule does not form part of the statutory accounts_ |**Income**
Positive Parenting Programme
Windrush
Hawkesmoor School
Grants
Sundry
African Health Policy Network
**Direct Costs**
Direct labour
**Administrative expenses**
Employee costs:
Motor expenses
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Subscriptions
Insurance
Administration
Computer costs
Charitable Donations
Legal and professional costs:
Accountancy fees
Consultancy fees
Advertising and PR
Other legal and professional|**2021**
**£**
17,730
-
1,745
16,250
7,118
10,000
52,843
31,968
10
10
640
-
1,631
168
392
16,568
45
1,123
20,567
390
20,135
1,770
13
22,308
42,885|**2020**
**£**
43,753
5,400
8,406
29,800
21,511
-| |---|---|---| |||108,870| |||76,616| |||10| |||10| |||683
24
65
123
1,109
12,005
200
961| |||15,170| |||390
-
77
-| |||467| |||| |||15,647| 9