## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |ofcharity law. The tiustees serv|ing
during
the year s|nd since the year-end
were as| |---|---|---| ||C Shapiro|| ||BCoker|(resigned 23 February 2023)| ||JPurcell|| ||IUden|| ||JBurgess|| ||GModood|| ||A Ruddock|| ||JSolanki|| ||G Chapman|| |Company secreraD:|ECase|| |Chief executive oflicert|A Mason|| ## |Independent|examiners|Barcant Beardon Limited|Barcant Beardon Limited||| |---|---|---|---|---|---| |||Chartered|Accountants||| |||8 Blsckstock Mews|||| |||lslington|||| |||London|||| |||N4 2BT|||| |Bunkersr||HSBC||CAF Bank|Triodos Bank| |||312Seven Sisters Road||Kings Hill|Deanery Road| |||Finsbury|Park|West Mailing|Bristol| |||London||Kent|BSI5AS| |||N4 2AW||ME194TA|| ## ## ## ## ## ## ## ||||Notes|Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|Funds| |||||||2023|2022| |Income and endowments front:|||||||| |Donations
and legacies||||371,850|13,065|384,915|160,723| |Charitable
activities||||92,542|45,685|138,227|139,409| |Other trading
activities|||||3,025|3,025|1,081| |Investments|||||999|999|31| |Total income and endowments||||464,392|62,774|527,166|301,244| |Expenditure
on:|||||||| |Charitable
activities||||573,635|52,970|626,605|267,794| |Total expenditure||||573,635|52,970|626,605|267,794| |Net income/(expenditure)||forthe year||(109,243)|9,804|(99,439)|33,450| |Transfers
between|funds||18|25,522|(25,522)||| |Net incomel(expendi|tare) and net movement in||||||| |f'unds for the year||||(83,721)|(15,718)|(99,439)|33,450| |Total funds brought|forward|||106,510|158,166|264,676|231,226| |Total funds canied|forward|||22,789|142,448|165,237|264,676| ## ## |||||Notes|2023|2022| |---|---|---|---|---|---|---| |Fo:edassets||||||| |Tangible assets||||14||| |Current assets||||||| |Debtors||||15|8,876|12,239| |Cash at bank and|in|hand|||218,954|282,766| ||||||227,830|295,005| |Creditors:
amounts||falling due within|one year|16|(62,594)|(30,330)| |Net current assets|||||165,236|264,675| |Net assets|||||165,237|264,676| |Funds||||||| |Restricted funds||||18|22,789|106,510| |Unrestricted
funds||||||| |Designated|funds|||18|24,478|50,000| |General funds||||18|117,970|108,166| |Total funds|||||165,237|264,676| ## ## ## |||||Notes|2023|2022| |---|---|---|---|---|---|---| |Cash flowfrom|operating|activities||||| |Net cash provided
by operating
activities||||20.0|(64,811)|37,845| |Cash flow from|investing|activities||||| |Interest income|||||999|31| ||||||999|31| |Netincreasein|cash and cash equivalentsin||th 'year||(63,812)|37,876| |Cash and cash|equivalents|at the beginning|of heyear||282,766|244,890| |Cash and cash|equivalents|at the end ofthe|year||218,954|282,766| |Analysis ofcash and cash equi relents||||||| |Cash in bank and in hand|||||218,954|282,766| |Cash and cash|cqni valcnts at the end ofthe||year|20,1|218,954|282,766| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3.It|fncome|from|Donations|and|Legacies|2023
f|2022| |---|---|---|---|---|---|---|---| ||Gifts|||||5,477|5,195| ||Grants|||||379,438|155,528| |||||||384,915|160,723| ## |4.0|Incotne from|Charitable Activities|Charitable Activities|2023|2022| |---|---|---|---|---|---| ||Income frotu|rental||39,996|39,996| ||Income from|fees||5,689|5,641| ||Performance|related grants||92,542|83,232| ||Coronavirus|Job Retention|Scheme||10,540| |||||138,227|139,409| |5.0|income from Other Trading Activities|income from Other Trading Activities|income from Other Trading Activities|||Unrestricted|Unrestricted| |---|---|---|---|---|---|---|---| |||||||funds|funds| |||||||2023|2022| ||Income from hall hire (non-sessional)|||||3,025|1,081| |6.0|Incense from Investments|||||Unrestricted|Unrestricted| |||||||funds|funds| |||||||2023|2022| ||Bank interest (UK)|||||999|| |7.0|Analysis ofExpenditure||on Charitable|Activities|||| ||Charitable|Activities 2023||Activities|Support|Governance|Total| |||||undertaken|costs|cost's|| |||||directly|||| ||Community|Centre||487,263|134,242|5,100|626,605| |7.I|Charitable|Activities 2022||Actlvlnes|Support|Governance|Total| |||||undertaken|cost;s|costs|| |||||directly|||| ||Community|Centre||134,160|129,074|4,560|267,794| ## ## ## |Analysis ofSupport and|Analysis ofSupport and|Governance|Governance|Costs|Support|Govemauce|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||costs|costs|2023|2022| ||||||||f|| |Staffcosts|||||56,151||56,151|68,619| |Premises|||||46,757||46,757|38,524| |Office running|||||948||948|1,264| |Bookkeeping|||||7,420||7,420|7,277| |Legal and professional
Communications|||||15,564
2,999||15,564
2,999|6,184
3,835| |Information
Technology|||||4,151||4,151|3,188| |Finance|||||252||252|183| |Accountancy||||||5,100|5,100|4,560| ||||||134,242|5,100|139,342|133,634| |%etfncoine1(Expenduure)||for tire Year|||||2023|2022| |This is stated after charging:
Independent
examiner's|||fee||||5,100|4,560| ## ## ## |No trustee or other person related to the charity had any pers
into by the charitable
company
during
the year (2022-nil).|No trustee or other person related to the charity had any pers
into by the charitable
company
during
the year (2022-nil).|onal
interest
in any contract or transac|tion
entered| |---|---|---|---| |Analysis ofstaff costs||2023|2022
f| |Wages and salaries||157,995|166,842| |Social security costs||5,974|7,492| |Defined contribution|pension costs|4,459|4,321| |||168,428|178,655| |Agency
and fieelance|staff|6,814|2,504| |||175,242|181,159| ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||||Number|Number| |Chief executive officer||||I|I| |Senior officers||||I|I| |Administration
staff||||I|I| |Cleaning
and maintenance|staff|||I|I| |Service delivery staff (coordinators,||play workers, nursery|nurse,|2|3| |catering staff, etcd|||||| ## ## |||||| |---|---|---|---|---| |l4.0|Tangible Fixed Assets|||Fixtures,| |||||tittings
tk| |||||equipment| ||Cost|||| ||As at I April 2022|and 31 March 2023||22,391| ||Depreciation|||| ||As at I April 2022|and 31March 2023||22,390| ||Net Book Value|||| ||As at 31March 2023|||| ||As at I April 2022|||| |15.0|Debtors||2023|2022| ||Trade debtors||925|405| ||Grants receivables|and accrued income|5,305|10,480| ||Preps yments||1,845|1,354| ||Other debtois||801|| ||||8,876|12,239| ## ## ## ## |Creditors: Amounts|Creditors: Amounts|Failing Due 8'ithin One Year|Failing Due 8'ithin One Year|Failing Due 8'ithin One Year|Failing Due 8'ithin One Year||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---| |Creditors|||||||||5,273|4,364| |Taxation|and social|security|||||||2,002|1,946| |Other creditors|||||||||46,305|12,215| |Accruals|||||||||9,014|5,274| |Deferred|income|||||||||6,531| ||||||||||62,594|30,330| |Included|in other creditors is a|||pension|liability off823 (2022 - 81,457).|||||| |Deferred|Incense|||||||||| |Deferred|income comprises of|||grants received in advance.||||||Total
f| |Balance|as at I April 2022|||||||||6,531| |Amount|released to|income earned lrom charitable||||activities||||(6,531)| |Amount|deferred in|year||||||||| |Balance|as at 31 March||2023|||||||| |Analysis|ofCharitahte||Funds|||||||| |Unrestrictedpunds||—Current||Year|Balance||Incoming|Outgoing|Transfers|Balance| ||||||I Apr 2022||Resources|Resources||31 Mar 2023| |||||||||8||| |General|funds||||108,166||62,774|(52,970)||117,970| |Designated
funds||||||||||| |Halls refurbishment|||||50,000||||(25,522)|24,478| ||||||158,166||62,774|(52,970)|(25,522)|142,448| |Unrestricted
Ponds||—Previous||Year|Balance||incoming|Outgoing|Transfers|Balance| ||||||I Apr 2021||Resources|Resources||31 Mar 2022| |General|funds||||103,444||97,795|(43,073)|(50,000)|108,166| |Designated
funds||||||||||| |Halls refurbishment|||||||||50,000|50,000| ||||||103,444||97,795|(43,073)||158,166| ## ## ## ## ## ## |18.1|Restricted Funds|Restricted Funds|—Current|—Current|Year||Balance|||Incoming||Outgoing|Transfers|Transfers|||Balance| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||I Apr 2022|||Resources||Resources||||31|Mar 2023| ||London|Borough|oflslington||||23,155|||190,920||(194,819)|||||19,256| ||Building|Fund|||||79,822|||252,350||(357,694)||25,522|||| ||Octopus|Community||Network||||||18,622||(18,622)|||||| ||The National
Lottery Community|||||Fund|3,533||||||||||3,533| ||Sport Islington|||||||||2,500||(2,500)|||||| ||||||||106,510|||464,392||(573,635)||25,522|||22,789| ||Restricted Funds||—Previous||Year||Balance|||Incoming||Outgoing|Transfers||||Balance| ||||||||I Apr 2021|||Resources||Resources||||31 Mar 2022|| ||London|Borough|of|Islington|||40,172|||187,419||(204,436)|||||23,155| ||Building|Fund|||||76,971|||2,988||(137)|||||79,822| ||Octopus|Community||Network|||6,183|||13,042||(19,225)|||||| ||The National
Lottery Community|||||Fund|4,456|||||(923)|||||3,533| ||||||||127,782|||203,449||(224,721)|||||106,510| ||Name ofrestricted
fund||||||Description,||nature and purposes ofthe fhnd||||||||| ||London|Borough|of|Islington|||Towards
the||following:||Strategic
Neighbourhood||||Partners
Grants||| ||||||||Programme,||Childminder||Group and generic stay and play, lunch club,||||||| ||||||||Youth Club,||Nursery
pmvision|||for over 2|years|old and other projects|||| ||Building|Fund|||||Fundraising||for|the
building||improvements||—renovations
were|||| ||||||||undertaken
during
the financial|||||year and Phase||One was||completed
by|| ||||||||the beginning||of|2023 with|the|buildings
officially opened||||in April 2023|| ||Octopus|Community||Network|||Towards the||Stay Well, Live Well project||||||||| ||The National Lottery Community|||||Fund|To enhance|off-site services for over 55|||||plus|not able to come to the|||| ||||||||Centre due to Covid restrictions
and and provide training|||||||||to|volunteers| ||||||||and Nursery||staff||||||||| ||Sport Isling ton||||||For provision||of|exercise classes for over 55's|||||||| |18.2|The net|transfer|off25,522||from|designated
funds to|||the|restricted|funds, Building||Fund, represents||||additional| ||funding|towmds|the|project|as was the||purpose ofthe||designated
fund.||||||||| ## |190|Analysis ofA'et Assets Between Funds —Current|Analysis ofA'et Assets Between Funds —Current|Year|Restricted|Restricted|Uurestricted|Total| |---|---|---|---|---|---|---|---| ||||||Fund|Fund|| ||Tangible fixed assets|||||I|I| ||Cash at bank and in hand|||||218,954|218,954| ||Other net current assets/(liabilities)||||22,789|(76,507)|(53,718)| ||||||22,789|142,448|165,237| ||Analysis ofNet Assets Between Firnds —Previous||Year|Restricted||Unrestricted|Total| ||||||Fund|Fund|| ||Tangible fixed assets|||||I|I| ||Cash at bank and in hand|||||282,766|282,766| ||Other net current assets/(liabilities)||||106)510|(124,601)|(18,091)| ||||||106,510|158,166|264,676| |20.0|Recunciiiation ofNet Incume tu Net Cush Fluw From Operating||||Activities||| |||||||2023|2022| ||||||||g| ||Net income for the year|||||(99,439)|33,450| ||Adjustments
for:||||||| ||interest income|||||(999)|(31)| ||(increase)/decrease|in debtors||||3,363|6,138| ||Increase/(decrease)|in creditor||||32,264|(1,712)| |||||||(64,811)|37,845| |20,1|Analysis ofChanges in|Net Debt|||||| ||||||At I April|Cash-flora|At 3I March| ||||||2022||202.3| ||-Cash at bank and in hand||||282,766|(63,812)|—218,954| ##