2022-03-31-accounts - Maiden Lane Community Centre Ltd

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				Page
Reference and administrative		details
Report ofthe trustees			2	to	9
Report ofthe independent auditors			10	to	13
Statement offinancial	activities			14
Statement offinancial	position			15
Statemeat ofcash flows				16
Notes to the financial	statements		17	to	24
Detailed statement of	flinancial	activities	25	to	26

TRUSTEES	Ms Judith Powell
	Mr John Cowley
	Ms Valerie Amajoutt
	Mr David Sharratt
	Ms. Marian Larragy
	Mrs Annabel Rowe
	Mr Andrew Dowell
	Mr Danny Beales
COMPANY SECRETARY	Mr Nazrul Islam
REGISTERED OFFICE	156St Paugs Crescent
	London
	NW1 9XZ
REGISTERED COMPANY	04941401 (England	and Wales)
NUMBER
REGISTERED CHARITY	1112667
NUMBER
SENIOR STATUTORY	Ebenezer Okai, (BSc),FCCA
AUDITOR
INDEPENDENT AUDITORS	Leroy Reid dr Co
	Chartered Certified	Accountants
	and Statutory Auditors
	299Noithborough	Road
	Norbury
	London
	SW164TR

						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	8			8
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	190,037	165,895	355,932	377,349
Charitable activities
Community centre and playscheme					15,300	15,300	15,300
Other trading activities			3	4,020		4,020	400
Investment income			4	5		5	39
Other income							132
Total				~194062	181,195	~375257	~393220
EXPENDITURE ON
Charitable activities
Community centre and playscheme				156,038	205,776	361,814	356,853
NET INCOME/(EXPENDITURE)				38,024	(24,581)	13,443	36,367
RECONCILIATION	OF FUNDS
Total funds brought	forward			23,428	123,166	146,594	110,227
TOTAL FUNDS CARRIED FORWARD				61,452	98,585	160,037	146,594

	~	ST ~CH 2022
			2022	2021
		Notes
FIXEDASSETS
Tangible assets			3300	3961
CURRENT ASSETS
Debtors		12	73,425	72,868
Cash at bank			135,253	93,588
			208,678	166,456
CREDITORS
Amounts falling due within one year		13	(10,119)	(9,719)
NET CURRENT ASSETS			~198559	~156737
TOTAL ASSETSLESSCURRENT
LIABILITIES			201,859	160,698
ACCRUALSAND	DEFERRED INCOME	14	(41,822)	(14,104)
NET ASSETS			~160037	~146594
FUNDS		16
Unrestricted funds			61,452	23,428
Restricted funds			~98 585	123,166
TOTAL FUNDS			160,037	~146 594

		FORT		E YEAR ENDED	1STMARCH 2022
					2022	2021
				Notes	8
Cash flows from operating	activities
Cash generated from operations				18	~41 660	~42,677)
Net cash provided by/(used	in)	operating		activities	41,660	~42,677)
Cash flows from investing	activities
Interest received						39
Net cash provided by investing		activities				39
Change in cash and cash equivalents			in
the reporting period					41,665	(42,638)
Cash and cash equivalents	at	the
beginning ofthe reporting	period				~93 588	136,226
Cash and cash equivalents	at	the end		of
the reporting period					135,253	93,588

	DONATION	S AND LEG	A	CIES
						2022	2021
	Donations					4,617	8,803
	L.BCamden	- Youth Service		Grant		18,000	18,000
	LBCamden	Strategic Partner				85,000	85,000
	Maiden Lane Estate S106Contribution					108,125	58,125
	L.BCamden-	Early Years Free Entitlement				50,420	65,385
	L.BCamden	- Community	Impact Levy			10,005	64,131
	Young Camden Foundation					45,274	11,564
	ILyons Grant						6,000
	Greater London Authority					25,491	28,208
	Food Bank					4,000	28,008
	Health Grant	Income					4,125
	OMD Community Partnership			Team		5000
						355 932	377,349
3.	OTHER TRADING ACTIVITIES
						2022	2021
						8	8
	Hall hire					4,020	280
	Children's Fees						120
						4,020	400
4.	INVESTMKNT INCOME
						2022	2021
							8
	Deposit account interest					5	39
5.	INCOME FROM CHARITABLE ACTIVITIES
						2022	2021
				Activity			8
	LBCamden	Grounds
	Maintenance			Community	centre and playscheme	15,300	15300
6.	CHARITABLE ACTIVITIES COSTS
							Direct
							Costs (see
							note 7)
							8
	Community centre and playscheme						361,814

			2022	2021
				8
Staff costs			258,599	273,815
Business rates &	water rates		4,454	1,554
Insurance			4,073	3,769
Light &heat			10,173	5,162
Telephone			6,828	1,762
Printing, postage,	stationery, &telecommunications		1,822	165
Centre activities			2,729
Repairs &maintenance			1,700	1,442
Maiden Lane Pre-school expenses			2,838	1,329
Pre-school equipment			1,179	5,076
Pathways disbursements			28,963
Cleaning &sanitation			3,264	4,324
Subscription &DBScheck			883	368
Audit fees			4,800	4,012
Professional services			9,063	11,637
Traululg			480	2,162
Bank charges			91	93
Food Bank			4,096	18,347
Girls Glow Costs			4,201	2,723
Youth Expenses			218	3,221
Miscellaneous Expenses			1,527	583
Security Costs				5,525
S106Grant			5,335	8,998
Small equipment	purchases		3,838
Depreciation			660	786
			361,814	356,853
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated atter charging/(crediting):
			2022	2021
Depreciation - owned assets			661	786

		2022	2021
Wages	and salaries	235,594	253,823
Social	security costs	15,717	12,579
Other	pension costs	7,288	7,413
		258,599	273,815

The average monthly
	2022	2021
Project worker	6	18
Core worker	10	8
	16	26

	No employees received emoluments	in excess off60,000.	in excess off60,000.
11.	TANGIBLE FIXEDASSETS
				Fixtures
		Plant	and	and	Computer
		machinery 8		fittings f	equipment 8	Totals 8
	COST
	At 1stApril 2021 and 31stMarch 2022	20 974		35,464	6,243	~62681
	DEPRECIATION
	At 1stApril 2021	20,972		32,803	4,945	58,720
	Charge for year			286	375	661
	At 31stMarch 2022	20,972		33,089	5,320	~59381
	NET BOOK VALUE
	At 31stMarch 2022		2	~2375	923	~3300
	At 31stMarch 2021		2	2661	1,298	3,961
12.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE			YEAR
					2022	2021
	Other debtors				73,425	70,948
	Prepayments					1,920
					73,425	72,868

						2022	2021
	Social security and other taxes					5,319	5,707
	Accrued expenses					4,800	4,012
						10,119	9,719
14.	ACCRUALS AND DEFERRED INCOME
						2022	2021
						8	8
	Greater London Authority-
	Young Londoners					15,940	14,104
	LBCamden - Community		Impacts
	-(RF/PaNDF)					22,000
	Young Camden Foundation-
	Heads Up					3,882
						41 822	~14 104
15.	ANALYSIS OF NET	ASSETSBETWEEN		FUNDS
						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
				8	8	8
	Fixed assets			24,272	(20,972)	3,300	3,961
	Current assets			32,604	176,074	208,678	166,456
	Current liabilities			(9,528)	(591)	(10,119)	(9,719)
	Accruals and deferred	income		14,104	~55926)	~41,822)	~14,104)
				~61 452	~98585	~160037	~146 594

MOVEMKN	T IN FUNDS
			Net
			movement	At
		At 1.4.21	in funds	31.3.22
			8
Unrestricted	funds
General fund		23,428	38,024	61,452
Restricted funds
Restricted fund		123,166	(24,581)	98,585
TOTAL FUNDS		146,594	13,443	160,037

			Incoming	Resources	Movement
			resources f	expended	in funds
Unrestricted	funds
General fund			194,062	(156,038)	38,024
Restricted funds
Restricted fund			181,195	(205,776)	(24,581)
TOTAL FUNDS			375,257	~361 814)	13,443
Comparatives	for movement	in 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			~110227	~36367	~146594

	Incoming	Resources	Movement
	resources	expended	in funds
	g	8	8
Unrestricted funds
General fund	98,499	(98,499)
Restricted funds
Restricted fund	294,721	(258,354)	36,367
TOTAL FUNDS	393,220	~356853)	36,367

				Net
				movement	At
			At 1.4.20	ia funds	31.3.22
			8	8
Unrestricted		funds
General fund			23,428	38,024	61,452
Restricted	funds
Restricted	fund		86,799	11,786	98,585
TOTAL FUNDS			110,227	49,810	160,037

	Incoming	Resources	Movement
	resources	expended	in funds
	8
Unrestricted funds
General fund	292,561	(254,537)	38,024
Restricted funds
Restricted fund	475,916	(464,130)	11,786
TOTAL FUNDS	768,477	~718667)	~49810

RECONCILIATIO ACTIVITIES	N OFN	ET INCOME TO NET CASH FLOW F	ROM OPERATING
			2022	2021
			8
Net income for the	reporting	period (as per the Statement of
financial activities)			13,443	36,367
Adjustments for:
Depreciation charges			661	786
Interest received			(5)	(39)
Increase in debtors			(557)	(12,803)
Increase/(decrease)	in creditors		~28 118	~66,988
Net cash provided	by/(used	in) operations	~41 660	(42,677)

ANALYSIS OF CHANGES IN NE	T FUNDS
	At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank	93,588	41,665	135,253
	93,588	~41 665	135,253
Total	93,588	41,665	135,253

				FOR THK YE	AR ENDED 31ST	MARCH 2022
							2022	2021
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
						8	8	8
INCOME AND ENDOWMENTS
Donations and legacies
Donations					4,617		4,617	8,803
L.BCamden - Youth	Service		Grant			18,000	18,000	18,000
LBCamden Strategic	Partner				85,000		85,000	85,000
Maiden Lane Estate S106Contribution					50,000	58,125	108,125	58,125
L.BCamden- Early Years Free				Entitlement	50,420		50,420	65,385
L.BCamden - Community		Impact Levy				10,005	10,000	64,131
Young Camden Foundation						45,274	45,274	11,564
ILyons Grant								6,000
Greater London Authority						25,491	25,491	28,208
Food Bank						4,000	4,005	28,008
Health Grant Income								4,125
OMD Community Partnership				Team		5,000	5,000
					190,037	165,895	355,932	377,349
Other trading activities
Hall hire					4,020		4,020	280
Children's Fees								120
					4,020		4,020	400
Investment income
Deposit account interest								39
Charitable activities
LBCamden Grounds	Maintenance					15,300	15,300	15,300
Other income
Other income								132
Total incoming resources					194,062	181,195	375,257	393,220
EXPENDITURE
Charitable activities
Wages					76,198	159,396	235,594	253,823
Social security					15,717		15,717	12,579
Pensions					7,288		7,288	7,413
Business rates 4,water rates					4,454		4,454	1,554
Insurance					4,073		4,073	3,769
Light th heat					10,173		10,173	5,162
Telephone					6,828		6,828	1,762
Printing, postage, stationery,			4t
telecommunications					1,822		1,822	165
Carried forward					126,553	159,396	285,949	286,227

			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	fuads	funds
	8	8
Charitable activities
Brought forward	126,553	159,396	285,949	286,227
Centre activities		2,729	2,729
Repairs dt maintenance	1,700		1,700	1,442
Maiden Lane Pre-school expenses	2,838		2,838	1,329
Pre-school equipment	1,179		1,179	5,076
Pathways disbursements	3,000	25,963	28,963
Cleaning dc sanitation	3,264		3,264	4,324
Subscription ds DBScheck	883		883	368
Audit fees	4,800		4,800	4,012
Professional services	9,063		9,063	11,637
Training	480		480	2,162
Bank charges	91		91	93
Food Bank		4,096	4,096	18,347
Girls Glow Costs		4,201	4,201	2,723
Youth Expenses		218	218	3,221
Miscellaneous Expenses	1,527		1,527	583
Security Costs				5,525
S106Grant		5,335	5 335	8,998
Small equipment purchases		3,838	3,838
Depreciation oftangible fixed assets	660		660	786
	~156038	~205 776	~361 814	356,853
Total resources expended	156,038	205,776	361,814	356,853
Net income	~38 024	~24,581)	~13 443	~36 367