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|---|---|---|---|---|
|Reference and administrative|details||||
|Report ofthe trustees||2|to|9|
|Report ofthe independent<br>auditors||10|to|12|
|Statement offinancial activities|||13||
|Statement offinancial position|||14||
|Statement ofcash flows|||15||
|Notes to the financial stateiuents||16|to|23|
|Detailed statement offinancial|activities|24|to|25|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes||||g|
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies|||187,639|114,473|302,112|355,932|
|Charitable|activities|||||||
|Community|centre and|playscheme||15,300||15,300|15,300|
|Other trading activities||||15,379||15,379|4,020|
|Investment|income||||||5|
|Total||||218,318|114,473|332,791|375,257|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Community|centre and|playscheme||195,641|145,342|340,983|361,814|
|NET INCOME/(EXPENDITURE)||||22,677|(30,869)|(8,192)|13,443|
|RECONCILIATION||OF FUNDS||||||
|Total funds|brought<br>forward|||61,452|98,585|160,037|146,594|
|TOTAL FUNDS CARRIED FORWARD||||84,129|67,716|151,845|160,037|





## 

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|STATEME|NT OF FINANCIAL<br>PO<br>31STMARCH 2023|SITION||
|---|---|---|---|
||Notes|2023I|2022I|
|FIXEDASSETS||||
|Tangible assets||7,283|3,300|
|CURRENT ASSETS||||
|Debtors|12|71,525|73,425|
|Cash at bank||99,868|135,253|
|||171,393|208,678|
|CREDITORS||||
|Amounts<br>falling due within one year|13|(10,497)|(10,119)|
|NKT CURRENT ASSETS||160,896|198,559|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||168,179|201,859|
|ACCRUALS AND DEFERRED INCOME|14|(16,334)|(41,822)|
|NET ASSETS||151,845|160.037|
|FUNDS|16|||
|Unrestricted<br>funds||84,129|61,452|
|Restricted<br>funds||67,716|98,585|
|TOTAL FUNDS||151,845|160,037|





||||STATEMENT OF|CASH FLOWS||
|---|---|---|---|---|---|
|||FORTHE YEAR ENDED 31STMARCH 2023||||
|||||2023|2022|
||||Notes||g|
|Cash flows from operating|activities|||||
|Cash generated<br>from operations|||18|(29,385)|41,660|
|Net cash (used in)/provided|by operating||activities|(29,385)|41,660|
|Cash flows from investing|activities|||||
|Purchase oftangible<br>fixed assets||||(6,000)||
|Interest received||||||
|Net cash (used in)/provided|by investing||activities|(6,000)||
|Change<br>in cash and cash equivalents|||in|||
|the reporting<br>period||||(35,385)|41,665|
|Cash and cash equivalents|at the|||||
|beginning<br>ofthe reportiag|period|||135,253|93,588|
|Cash and cash equivalents|at the|end|of|||
|the reporting<br>period||||99,868|135,253|





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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||||g|
||Donations||||2,593|4,617|
||L.BCamden - Youth Service Grant||||18,000|18,000|
||LBCamden<br>Strategic Partner||||85,000|85,000|
||Maiden Lane Estate S106Contribution||||58,125|108,125|
||L.BCamden- Early Years Free||Entitlement||56,669|50,420|
||LBCamden - Recovery Grant||||22,000|10,005|
||Young Camden|Foundation|||3,882|45,274|
||Greater London|Authority|||38,348|25,491|
||Food Bank|||||4,000|
||OMD Community<br>Partnership||Team|||5,000|
||LBCamden<br>—costofliving||||17,495||
||||||302,112|355,932|
|3.|OTHER TRADING ACTIVITIES||||||
||||||2023|2022|
||Hall hire||||10,645|4,020|
||Children's<br>Fees||||4,734||
||||||15,379|4,020|
|4.|INVESTMKNT|INCOME|||||
||||||2023|2022|
||||||g||
||Deposit account|interest|||||
||INCOME FROM CHARITABLE ACTIVITIES||||||
||||||2023|2022|
||||Activity||||
||LB Camden Grounds||||||
||Maintenance||Community|centre and playscheme|15,300|15,300|
|6.|CHARITABLE|ACTIVITIES COSTS|||||
|||||||Direct|
|||||||Costs (see|
|||||||note 7)|
|||||||g|
||Community<br>centre and playscheme|||||340,983|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Staffcosts||||||275,145|258,599|
|Business rates &|water rates|||||2,202|4,454|
|Insurance||||||3,796|4,073|
|Light &heat||||||10,374|10,173|
|Telephone||||||1,807|6,828|
|Printing,<br>postage,|stationery, &||||telecommunications|4,678|1,822|
|Centre activities||||||288|2,729|
|Repairs &maintenance||||||2,060|1,700|
|Maiden Lane Pre-school expe||||nses||1,746|2,838|
|Pre-school equipment||||||348|1,179|
|Pathways<br>disbursements|||||||28,963|
|Cleaning &sanitation||||||792|3,264|
|Subscription &DBScheck||||||1,083|883|
|Audit fees||||||4,800|4,800|
|Professional<br>services||||||285|9,063|
|Training||||||677|480|
|Bank charges||||||3|91|
|Food Bank||||||1,410|4,096|
|Girls Glow Costs||||||5,648|4,201|
|Youth Expenses||||||394|218|
|Miscellaneous<br>Expenses||||||3,442|1,527|
|Security Costs||||||1,078||
|S106Grant||||||6,200|5,335|
|Small equipment|purchases|||||120|3,838|
|HAF expenditure||||||5,585||
|Community<br>support||grant||||5,005||
|Depreciation||||||2,017|660|
|||||||340,983|361,814|
|NET INCOME/(EXPENDITURE)||||||||
|Net income/(expenditure)|||is stated aher charging/(crediting):|||||
|||||||2023|2022|
||||||||8|
|Depreciation<br>-owned assets||||||2,017|661|



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|||2023|2022|
|---|---|---|---|
|Wages|and salaries|252,015|235,594|
|Social|security costs|13,347|15,717|
|Other|pension costs|9,783|7,288|
|||275,145|258,599|



|The average monthly<br>number ofemployees<br>during|the year was as follows:||
|---|---|---|
||2023|2022|
|Project worker|6|6|
|Core worker|17|10|
||23|16|



## 

## 

||||Fixtures||||
|---|---|---|---|---|---|---|
||Plant|and|and|Motor|Computer||
||machinery||fittings|vehicles|equipment|Totals|
||g|||g|g|g|
|COST|||||||
|At 1stApril 2022|20,974||35,464||6,243|62,681|
|Additions||||6,000||6,000|
|At 31stMarch 2023|20,974||35,464|6,000|6,243|68,681|
|DEPRECIATION|||||||
|At 1st April 2022|20,972||33,089||5,320|59,381|
|Charge for year|||286|1,500|231|2,017|
|At 31stMarch 2023|20,972||33,375|1,500|5,551|61,398|
|NET BOOK VALUE|||||||
|At 31stMarch 2023||2|2,089|4,500|692|7,283|
|At 31stMarch 2022||2|2,375||923|3,300|
|DEBTORS:AMOUNTS|FALLING DUE||WITHIN ONE YEAR||||
||||||2023|2022|
|Other debtors|||||69,600|73,425|
|Prepayments|||||1,925||
||||||71,525|73,425|





## 

## 

|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||g||
||Social security and other||taxes|||5,697|5,319|
||Accrued expenses|||||4,800|4,800|
|||||||10,497|10,119|
|14.|ACCRUALS AND DEFERRED INCOME|||||||
|||||||2023|2022|
|||||||g|g|
||Accruals and deferred|income||||16,334||
||Greater London Authority—|||||||
||Young Londoners||||||15,940|
||LBCamden<br>—Community||Impacts|||||
||- (RF/PaNDF)||||||22,000|
||Young Camden Foundation-|||||||
||Heads Up||||||3,882|
|||||||16,334|41,822|
|15.|ANALYSIS OF NET|ASSETSBETWEEN||FUNDS||||
|||||||2023|2022|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||||8|||
||Fixed assets|||1,867|5,416|7,283|3,300|
||Current assets|||88,508|82,885|171,393|208,678|
||Current liabilities|||(6,246)|(4,251)|(10,497)|(10,119)|
||Accruals and deferred|income|||(16,334)|(16,334)|(41,822)|
|||||84,129|67,716|151,845|160,037|
|16.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3.23|
||||||g|g|g|
||Unrestricted<br>funds|||||||
||General fund||||61,452|22,677|84,129|
||Restricted funds|||||||
||Restricted<br>fund||||98,585|(30,869)|67,716|
||TOTAL FUNDS||||160,037|(8,192)|151,845|





## 

## 

|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||||f.|
|Unrestricted|funds||||||
|General fund||||218,318|(195,641)|22,677|
|Restricted<br>funds|||||||
|Restricted<br>fund||||114,473|(145,342)|(30,869)|
|TOTAL FUNDS||||332,791|(340,983)|(8,192)|
|Comparatives|for movement||in funds||||
||||||Net||
||||||movement|At|
|||||At 1.4.21|in funds|31.3.22|
|||||g|||
|Unrestricted|funds||||||
|General<br>fund||||23,428|38,024|61,452|
|Restricted funds|||||||
|Restricted<br>fund||||123,166|(24,581)|98,585|
|TOTAL FUNDS||||146,594|13,443|160,037|
|Comparative|net movement|in|funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||||||g|8|
|Unrestricted|funds||||||
|General fund||||194,062|(156,038)|38,024|
|Restricted funds|||||||
|Restricted<br>fund||||181,195|(205,776)|(24,581)|
|TOTAL FUNDS||||375,257|(361,814)|13,443|





## 

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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.21|in funds|31.3.23|
||||g||
|Unrestricted|funds||||
|General fund||23,428|60,701|84,129|
|Restricted funds|||||
|Restricted<br>fund||123,166|(55,450)|67,716|
|TOTAL FUNDS||146,594|5,251|151,845|



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|||g|g|
|Unrestricted<br>funds||||
|General<br>fund|412,380|(351,679)|60,701|
|Restricted funds||||
|Restricted<br>fund|295,668|(351,118)|(55,450)|
|TOTAL FUNDS|708,048|(702,797)|5,251|



## 

|18.|RECONCILIATION|OF|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|TO NET CASH|FLOW FROM||
|---|---|---|---|---|---|---|---|---|
||OPERATING ACTIVITIES||||||||
||||||||2023|2022|
||||||||g||
||Net (expenditure)/income||for the reporting||period (as per the||||
||Statement offinancial|activities)|||||(8,192)|13,443|
||Adjustments<br>for:||||||||
||Depreciation<br>charges||||||2,017|661|
||Interest received|||||||(5)|
||Decrease/(increase)<br>in|debtors|||||1,900|(55'/)|
||(Decrease)/increase<br>in|creditors|||||(25,110)|28,118|
||Net cash (used in)/provided|||by operations|||(29,385)|41,660|
|19.|ANALYSIS OF CHANGES|||IN NKT FUNDS|||||
|||||||At 1.4.22|Cash flow|At 31.3.23|





## 

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|Net cash||||
|---|---|---|---|
|Cash at bank|135,253|(35,385)|99,868.|
||135,253|(35,385)|99,868|
|Total|135,253|(35,385)|99,868|



## 



## 

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|||FOR THK Y|EAR ENDED 31STM|ARCH 2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||f.||g|g|
|INCOME AND ENDOWMENTS|||||||
|Donations<br>and legacies|||||||
|Donations|||2,593||2,593|4,617|
|L.BCamden - Youth|Service Grant|||18,000|18,000|18,000|
|LBCamden<br>Strategic|Partner||85,000||85,000|85,000|
|Maiden Lane Estate S106Contribution||||58,125|58,125|108,125|
|L.BCamden-<br>Early Years Free||Entitlement|56,669||56,669|50,420|
|L.BCamden<br>—Recovery Grant|||22,000||22,000|10,005|
|Young Camden<br>Foundation|||3,882||3,882|45,274|
|Greater London Authority||||38,348|38,348|25,491|
|Food Bank||||||4,000|
|OMD Community<br>Partnership||Team||||5,000|
|LBCamden - cost of|living||17,495||17,495||
||||187,639|114,473|302,112|355,932|
|Other trading<br>activities|||||||
|Hall hire|||10,645||10,645|4,020|
|Children's<br>Fees|||4,734||4,734||
||||15,379||15,379|4,020|
|Investment<br>income|||||||
|Deposit account interest|||||||
|Charitable<br>activities|||||||
|LB Camden<br>Grounds|Maintenance||15,300||15,300|15,300|
|Total incoming resources|||218,318|114,473|332,791|375,257|
|EXPENDITURE|||||||
|Charitable<br>activities|||||||
|Wages|||141,890|110,125|252,015|235,594|
|Social security|||7,474|5,873|13,347|15,717|
|Pensions|||5,478|4,305|9,783|7,288|
|Business rates &water rates|||2,202||2,202|4,454|
|Insurance|||3,796||3,796|4,073|
|Light &heat|||10,374||10,374|10,173|
|Telephone|||1,807||1,807|6,828|
|Printing,<br>postage, stationery, &|||||||
|telecommunications|||4,678||4,678|1,822|
|Centre activities|||288||288|2,729|
|Repairs &maintenance|||2,060||2,060|1,700|
|Maiden Lane Pre-school expenses|||1,746||1,746|2,838|
|Pre-school<br>equipment|||348||348|1,179|
|Carried forward|||182,141|120,303|302,444|294,395|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||g|||g|
|Charitable|activities|||||||
|Brought forward||||182,141|120,303|302,444|294,395|
|Pathways<br>disbursements|||||||28,963|
|Cleaning &|sanitation|||792||792|3,264|
|Subscription|&DBScheck|||1,083||1,083|883|
|Audit fees||||4,800||4,800|4,800|
|Professional|services|||285||285|9,063|
|Training|||||677|677|480|
|Bank charges||||||3|91|
|Food Bank|||||1,410|1,410|4,096|
|Girls Glow|Costs||||5,648|5,648|4,201|
|Youth Expenses|||||394|394|218|
|Miscellaneous<br>Expenses||||3,442||3,442|1,527|
|Security Costs||||1,078||1,078||
|S106Grant|||||6,200|6,200|5,335|
|SmaB equipment||purchases|||120|120|3,838|
|HAF expenditure|||||5,585|5,585||
|Community|support grant||||5,005|5,005||
|Depreciation|oftangible||fixed assets|2,017||2,017|660|
|||||195,641|145,342|340,983|361,814|
|Total resources expended||||195,641|145,342|340,983|361,814|
|Net income||||22,677|(30,869)|(8,192)|13,443|