2021-03-31-accounts - Maiden Lane Community Centre Ltd

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				Page
Refereace snd administrative		details
Report ofthe trustees			2	to	7
Report ofthe independent auditors			8	to	11
Statement offinancial	activities			12
Statement offinancial	position			13
Statement ofcash flows				14
Notes to the financial	statements		15	to	22
Detailed statement of	financial	activities	23	to	24

						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	8	8	g	g
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	97,928	279,421	377,349	395,244
Charitable activities
Community centre and	playscheme				15,300	15,300	16,575
Other trading activities				400		400	70,576
Investment income				39		39	254
Other income				132		132	1 235
Total				98,499	294,721	393,220	483,884
EXPENDITURE ON
Charitable activities
Cominunity centre and	playscheine			98,499	258,354	356,853	513,726
NET INCOME/(EXPENDITURE)					36,367	36,367	(29,842)
RECONCILIATION	OF FUNDS
Total funds brought forward				23,428	86,799	110,227	140,069
TOTAL FUNDS CARRIED FORWARD				23,428	123,166	146,594	110,227

.TATKiMENT	F FINA	I LPOSITION
31STMARCH		2021
	Notes		2021 g	2020I
FIXEDASSETS
Tangible assets			3,961	4,747
CURRENT ASSETS
Debtors	12		72,868	60,065
Cash atbank			93,588	136,226
			166,456	19f),291
CREDITORS
Amounts falling dne within one year	13		(9,719)	(4,012)
NKT CURRENT ASSETS			156,737	192279
TOTAL ASSETSLESSCURRENT
LIABILITIES			160,698	197,026
ACCRUALS AND DEFERRED INCOME	14		(14,104)	(86,799)
NET ASSETS			146,594	110,227
FUNDS	16
Unrestricted funds			23,428	23,428
Restricted funds			123,166	86,799
TOTALFUNDS			146,594	110,227

	F	OR TH	E	YEAR ENDED 3	1STMARCH 2021
					2021	2020
				Notes
Cash flows from operating	activities
Cash generated from operations				]8	~42,677)	23,624
Net cash (used in)/provided	by	operating		activities	~42,677)	23,624
Cash flows from investing	activities
interest received					39	254
Net cash provided by investing		activities			39	254
Change in cash and cash equivalents			in
the reporting period					(42,638)	23,878
Cash and cash equivalents	at	the
beginning ofthe reporting	period				136,226	112,348
Cash and cash equivalents	at	the end	of
the reporting period					93,588	136,226

							2021	2020
	Donations						8,803	2,200
	Gilt aid							976
	L.B Camden	- Youth Service			Grant		18,000	15,250
	L.BCamden-	Community		Centre Strategic Partner Grant			85,000	85,000
	Maiden Lane	Estate S106Contribution					58,125	58,124
	L.BCamden-	Early Years		Free Entitlement			65,385	62,508
	L.BCamden-	Neighbourhood			Family Project			8,250
	L.BCamden	- Community		Impact Levy			64,131	37,051
	Young Camden		Foundation				11,564	36,125
	Camden Giving							1,500
	Camden Square		Play Grant					62,156
	J Lyons Grant						6,000	4,000
	Greater London		Authority				28,208	22,104
	Food Bank						28,008
	Health Grant	income					4,125
							377,349	395,244
3.	OTHER TRADING ACTIVITIES
							2021	2020
	Hall hire						280	10,970
	Children's Fees						120	59,606
							400	70,576
4.	INVESTMENT		INCOME
							2021	2020
	Deposit account		interest				39	254
	INCOME FROM CHARITABLE ACTIVITIES
							2021	2020
					Activity			8
	LBCamden Grounds
	Maintenance				Community	centre and playscheme	15,300	16575

					Direct
					Costs (see
					note 7)
					8
	Community centre and playscheme				356,853
7.	DIRECT COSTS OF CHARITABLE		ACTIVITIES
				2021	2020
	StafFcosts			273,815	353,238
	Business rates &water rates			1,554	5,734
	Insurance			3,769	4,625
	Light & heat			5,162	1,646
	Telephone			1,762
	Printing, postage, stationery, &telecom		munications	165	8,467
	Centre activities				48,073
	Repairs &maintenance			1,442	3,443
	Maiden Lane Pre-school	expenses		1,329	8,318
	Service charge - Camden	Square			10,317
	Pre-school equipment			5,076	4,269
	Pathways disbursements				24,766
	Cleaning &sanitation			4,324	3,136
	Subscription &DBScheck			368	2,999
	Audit fees			4,012	4,012
	Professional services			11,637	8,158
	Training			2,162	2,272
	Bank charges			93	30
	Food Bank			18,347	258
	Girls Glow Costs			2,723
	Neighbourhood family grant expenses				4,079
	Ground maintenance				4,421
	Youth Expenses			3,221
	Miscellaneous Expenses			583	2,150
	Camden square expenses				8,357
	Security Costs			5,525
	S106Grant			8,998
	Depreciation			786	958
				356 853	513,726
8.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after	charging/(crediting):
				2021	2020
	Depreciation - owned assets			786	958

STAF	F COSTS
		2021	2020
Wages	and salaries	253,823	330,693
Social	security costs	12,579	18,214
Other	pension costs	7,413	4,331
		~273 815	~35323S

	2021	2020
Project worker	18	18
Core worker	8	8
	26	26

TANGIBLE FIXEDASSETS
		Fixtures
	Plant and	all it	Computer
	machinery	fittings	equipment	Totals
	8
COST
At 1st April 2020 and 31st March 2021	20,974	~35 464	6,243	62,681
DEPRECIATION
At 1st April 2020	20,972	32,516	4,446	57,934
Charge for year		287	499	786
At 31st March 2021	20,972	32,803	4,945	58,720
NET BOOK VALUE
At 31stMarch 2021		2 661	1,298	3,961
At 31stMarch 2020		2,948	1,797	4,747

12.	DEBTORS:A	MOU	NTS FALLING DUE	WITHIN ONK	YEAR
						2021	2020
						8
	Other debtors					70,948	58,125
	Prepayments					1,920	1,940
						72,868	60,065
13.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
						2021	2020
							8
	Social security	and other taxes				5,707
	Accrued expenses					~4012	~4012
						9,719	4,012
14.	ACCRUALS AND DEFERRED INCOME
						2021	2020
						8
	Deferred government		grants				64,131
	Young Camden	Foundation-
	Pathways Grant						8,564
	Greater London	Authority-
	Young Londoners					14,104	14,104
						~14 104	~86799
15.	ANALYSIS OF NET ASSETS BETWEEN			FUNDS
						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
	Fixed assets			24,933	(20,972)	3,961	4,747
	Current assets			7,623	158,833	166,456	196,291
	Current liabilities			(9,128)	(591)	(9,7 19)	(4,012)
	Accruals and deferred		income		~14,104)	~14,104)	~86,799)
				23,428	~123 166	146594	110227
16.	MOVEMKNT	[N FUNDS
						Net
						movement	At
					At 1.4.20	in funds	31.3.21
							8
	Unrestricted funds
	General fund				23,428		23,428
	Restricted funds
	Restricted fund				86,799	36,367	123,166
	TOTAL FUNDS				110,227	36,367	146,594

	Incoming	Resources	Movement
	resources	expended	in funds
			8
Unrestricted funds
General fund	98,499	(98,499)
Restricted funds
Restricted fund	294,721	(258,354)	36,367
TOTAL FUNDS	393,220	~356,853	36,367

		Net	Transfers
		movement	between	At
	At 1.4.19 8	in funds	funds f	31.3.20 8
Unrestricted funds
General fund	120,069	(140,069)	43,428	23,428
Restricted funds
Restricted fund	20,000	110,227	(43,428)	86,799
TOTAL FUNDS	~)40069	~29 842)		~110227

	Incoming	Resources	Movement
	resources	expended	in funds
	8		8
Unrestricted funds
General fund	176,815	(316,884)	(140,069)
Restricted funds
Restricted fund	307,069	(196,842)	110,227
TOTAL FUNDS	483,884	(513,726)	~29842)

					Net	Transfers
					movement	between	At
				At 1.4.19	in funds	funds	31.3.21
						8
Unrestricted			funds
General	fund			120,069	(140,069)	43,428	23,428
Restricted		funds
Restricted		fund		20,000	146,594	(43,428)	123,166
TOTAL	FUNDS			140,069	6,525		146,594

	Incoming	Resources	Movement
	resources	expended	in funds
		8	8
Unrestricted funds
General fund	275,314	(415,383)	(140,069)
Restricted funds
Restricted fund	601,790	(455,196)	146,594
TOTAL FUNDS	~877 104	~870579)	6,525

RECONCILIATION	OF	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	TO NKT CASH FLOW	FROM
OPERATING ACTIVITIES
				2021	2020
Net income/(expenditure)		for the reporting	period (as per the
Statement offinancial	activities)			36,367	(29,842)
Adjustments for:
Depreciation charges				786	958
Interest received				(39)	(254)
(Increase)/decrease in	debtors			(12,803)	2,101
(Decrease)/increase in	creditors			(66,988)	50,661
Net cash (used in)/provided		by operations		(42,677)	23,624

ANALYSIS OFCHANGES IN NE	T FUNDS
	At 1.4.20	Cash flow	At 31.3.21
Net cash
Cash at bank	136,226	~42 638)	93,588
	136,226	~42 638)	93,588
Total	~136226	~42 638	~93 588

			FOR THE YEAR	ENDED 31	STM	ARCH 2021
							2021	2020
				Unrestricted		Restricted	Total	Total
				funds		funds	funds	funds
				8
INCOME AND ENDOWMENTS
Donations snd legacies
Donations				8,803			8,803	2,200
Gift aid								976
L.BCamden - Youth	Service		Grant			18,000	18,000	15,250
L.BCamden- Community		Centre Strategic
Partner Grant				85,000			85,000	85,000
Maiden Lane Estate	S106	Contribution				58,125	58,125	58,124
L.BCamden- Early Years		Free Entitlement				65,385	65,385	62,508
L.BCamden- Neighbourhood			Family Project					8,250
L.BCamden - Community		Impact Levy				64,131	64,131	37,051
Young Camden Foundation						11,564	11,564	36,125
Camden Giving								1,500
Camden Square Play	Grant							62,156
J Lyons Grant						6,000	6,000	4,000
Greater London Authority						28,208	28,208	22,104
Food Bank						28,008	28,008
Health Grant Income				4,125			4,125
				97,928		279,421	377,349	395,244
Other trading activities
Hall hire					280		280	10,970
Children's Fees					120		120	~59606
				400			400	70,576
Investment income
Deposit account interest					39		39	254
Charitable activities
LBCamden Grounds	Maintenance					15,300	15,300	16,575
Other income
Other income					132		132	1,235
Total incoming resources				98,499		294,721	393,220	483,884
EXPENDITURE
Charitable activities
Wages				52,177		201,646	253,823	330,693
Social security				12,579			12,579	18,214
Pensions				7,413			7,413	4,331
Business rates k.water rates				1,554			1,554	5,734
Carried forward				73,723		201,646	275,369	358,972

	FOR THE Y	EAR ENDED 31	STM	ARCH 2021
					2021	2020
		Unrestricted		Restricted	Total	Total
		funds		funds	funds	funds
		8
Charitable activities
Brought forward		73,723		201,646	275,369	358,972
Insurance				3,769	3,769	4,625
Light &heat				5,162	5,162	1,646
Telephone		1,762			1,762
Printing, postage, stationery, &
telecommunications			165		165	8,467
Centre activities						48,073
Repairs &maintenance			822	620	1,442	3,443
Maiden Lane Pre-school	expenses	1,329			1,329	8,318
Service charge - Camden	Square					10,317
Pre-school equipment				5,076	5,076	4,269
Pathways disbursements						24,766
Cleaning & sanitation				4,324	4,324	3,136
Subscription &DBScheck			368		368	2,999
Audit fees		4,012			4,012	4,012
Professional services		11,637			11,637	8,158
Training				2,162	2,162	2,272
Bank charges			93		93	30
Food Bank				18,347	18,347	258
Girls Glow Costs				2,723	2,723
Neighbourhood family grant expenses						4,079
Ground maintenance						4,421
Youth Expenses		3,221			3,221
Miscellaneous Expenses			581		583	2,150
Camden square expenses						8,357
Security Costs				5,525	5,525
S106Grant				8,998	8,998
Depreciation		287			287	958
Computer equipment		499			499
		98,499		258,354	356,853	~513726
Total resources expended		98,499		~258 354	~356 853	~513 726
Net (expenditure)/income				36,367	36,367	~29,842)