2022-03-31-accounts

Directors	Directors	ITrustees	Mr Amir Hussein		Chairman	Chairman
			Mr Tobaris Ali		Secretary
			Ms Suraiya Khatun		Treasurer
			Mr Syed Gulab Ali
			Ms Momota Begum
			Mrs Shoriful Nessa
			Mr. Luqueman Hussain
			Ms Sultana Monaf
CEO			Mr Mahmud Hasan
Company		number	4688707
Charity	number		1114290
Principal		and Registered	Carmine Wharf
Dace			30 Copenhagen Place
			London E147FF
Auditors			Knox Cropper LLP
			Chartered Accountants	and	Statutory	Auditors
			65 Leendhell Street,
			London EC3A 2AD
Accountants			Abacus Partners (Ldn)	LLP
			Unit A, Abbotts Wharf
			93Stains by Road
			London E146JL
Banker			HSBC
			1-3Bishopsgate
			London
			EC2N 3AQ

CONTENTS			Page
1.Trustees'	Report		1 to 12
2. Auditor's	Report		13to 16
3.Statement	of Financial	Activity	17
4. Statement	ofFinancial	Position	18
5. Statement	of Cashllovvs		19to 20
6. Notes to	the Financial	Statements	21 to 26

					Total	Total
			Unrestricted	Restricted	2022	2021
INCOME FROM:		Notes	E	E	E
CHARITABLE ACTIVITIES
Opportunity Zone			1,018,039		1,018,039	1,341,088
Home and Community	Seruces		11,700,464		11,700,464	9,305,919
Ance and Information	Senrices			54,305	54,305	74,991
Apasen Lodge			302,384		302,384	369,698
Croydan Project			379,108		379,108	106,810
Training Project						30,470
IDPD Project						15,000
Disability Network				18,075	18,075
Goternrnent Grants			297,214		297,214	164,720
Other income						11,068
Total Income			13697208	72 380	13769588	11419764
EXPENDITURE ON:
CHARITABLE ACTIVITIES
Direct Charitable expenditure			10,683,644	144,238	10,827,882	8,810,990
Management and Administration			918,012		918,012	790,286
Tots I Expenditure			11,601,656	144,238	11,745,894	9,601,276
NET INCOME l(DEFICIT) FOR THE YEAR			2 095 553	71 858	2 023695	1 818488
Funds asat1 April 2021			6,124,581	204,066	6,328,647	4,510,159
Fund transfer			64694	64 694
Funds asst 31 March	2022		8155440	196902	8352 342	6 328 647

				Total	Tots I
				2022	2021
		Notes	6	6	F
Fixed Assets
Freehold Property Long Leasehold Property Leasehold Improvements Depreciating Assets			2,032,926 2,501,615 516,385	.2.	2,050,000 2,478,166 593,769 29,
Current Assets
Debtors & Prepayments Cash at Bank and in hand			1,615,961 4,645,896		672,967 3,422,199
			6,261,858		4,095,166
Creditors
Amount falling due	within one year	10	767,591		555,769
Net Current Assets Total Assets less current liabilities				94,» , 3,	3, 3 8,817,157
Creditors
Amount falling due Total Net Assets	& one year			2,384,833 8»	2,488,510
Funds
Unrestricted funds:	Designated	13		2,672,291	2,589,388
Unrestricted funds:	General	13		5,483,149	93
Total Unrestricted	funds			8,155,440
Restricted Funds		12		196,902	204,066
Tots I Funds				342	328 94

					2022		2021
				6		F	8
Cash flow from Operating	ActiviTies
Operating Prolit				2,023,695		1,818,488
Depreciation				172,086		119,248
Finance Costs				68,029		70,055
(Gain)/Loss on fixed asset disposal
Operating Profit Before Working			Capital Charges	2,263,810		2,007,791
(Increase)/Decrease in Debtors				(942,995)		805,895
Increase/(Decrease) m Creditors				211,821
Cash from Operations
Finance Cost Paid				68029
Net Cash Generated from Operations					1,464,608		2,674,025
Cash flow from Investment	Activities
Purchase ofTangible Fixed Assets				(137,234)		(381,546)
Receipts fram sale oftangible	fixed		assets
Net Cash flow from investment		Activities			(137,234)		(381,546)
Cash flow from Financing	Activities
Increase/(Decrease) of Long	Term	Loan		(103,677)		(126,434)
					(103,677)		(126,434)
Net Increase/(decrease) in	Cash		and Cash Equivalents		1,223,697		2,166,045
Opening Cash and Cash Equivalents					3,422,199		1,256,154
Closing Cash and Cash Equivalents					4,645,896		3». 99
Reconciliafiion:
Cash at bank and in hand					4,645,896		3,422,199
					848.898

	01/04/2021	Cash flows	Noncash	changes	31/03/2022
Cash and cash equivalents	6'000	6'000	6'000		6'000
Cash	3,424	1,223			4,647
Derdrags	(2)				(2)
Cash equinelents	3,422	1,223			4,645
Borrowings
Debt due within one year	(200)	118	(104)		(186)
Debt due after one year	(2,489)		104		(2,385)
	(2,689)	118			(2,571)
Total	734	1,341			2075

Staff Emoluments:	Staff Emoluments:										2022	2021
												f
Total wages and	salaries										9,339,785	7,579,766
Employer's NIC											743,782	572,557
Pension contribution											168,320	134,131
											10,251,887	6,936,526
Direct Charitable											9,863,102	7,994,870
Others											388,785
											10,251,887	6,936,526
No ofemployees:	Admin										12	10
No ofemployees:	Direct										579	518
											591	413
Employees paid	in excess off60,000				during	the
current year and	pregous		year
Other key management			personnel	received		combined		remuneration		off237,429 (f230,686:2021).
The trustees/directors		neither received			nor waited		any	remuneration		during	the year (2021 6Nil).
The trustees/directors		did not have		any	expenses		reimbursed		during	the year (2021:8Nil).

		Motor	Freehold	Leasehold	Leasehold	Furniture 8
		Vehicles f	Property	Property f	Improvements f	Equipment f	Totalf
Cost:
At 1st April 2021		48,590	2,050,000	2,478,166	701,128	407,797	5,685,681
Addition				47,744		89,490	137,234
Disposal
		48,590	2,050,000	2,525,910	701,128	497,287	5,822,915
Depreciation:
At 1st April 2021		21,352			107,359	279,210	407,921
Disposal	elimination
Charge for the year		9,718	17,074	24,295	77,384	43,615	172,086
		31,070	17,074	24,295	184,743	322,825	580,007
Net Book Value
As at 31	March 2022	17,520	2,032,926	2,501,615	516,385	174,462	5,242,908
As at 31	March 2021	27238	2 050000	2 478 166	593769	128587	66
Debtors	and prepaymentm					2022	2021
OppoAunity Zone						76,264	166,564
Home and Community		Services				139,618	271,601
Croydon	Project					5,896	12,095
Apasenth	Lodge					179,488	152,973
Disability	Network					6,025
Other Debtors 8 Prepayments						55,099	69,733
Accrued	income					1,153,571

7	Fund Raising and	Project Development	Project Development		Unrestricted Funds	Restricted Funds	2022 Tots I	2021 Tote I
					f		E
	Fundraising expenses							11,195
								11,195
8	Direct Charitable	Expenditure:			Unrestricted	Restricted	2022	2021
					Funds	Funds	Tote I	Total
					E	F	E
	Opportunity Zone Home and Community Advice and Information		Senices Services		1,103,511 8,757,457	67,710	1,103,511 8,757,457 67,710	633,76S 7,378,206 62,133
	Croydon Project Apssen Lodge				413,823 408,853		413,823 408,853	276,991 379,102
	Disability Network Training Project Disability Network IDPD Project				10,683,644	64,694 11,834 144,238	64,694 11,834 10,827,882	59,390 500 8,790,090
9	Management And	Administration:			Unrestricted Funds	Restricted Funds	2022 Tots I	2021 Tots I
					f			E
	s) Support Costs Oflice Administration		Cost		583,722		583,722	489,987
	Payroll Senice Legal & Pmfessional Fees Consultancy Advert snd Pubkcity Membership & Subscriptions Bank Charges Charitable donations				14,950 8,383 18,821 1,693 220 1,788 500		14,950 8,383 18,821 1,693 220 1,788 500	10,850 2,417 1,414 2,203 7,192 1,991
	Loan Interest				68029		68029	70 055
					698,106		698,106	586,109
	bj Governance Costs Oflice Administration		Cost		153,003		153,003	158,893
	Legal 8 Professional Audit fees		Fees	Note 15	1,481 7,000		1,481 7,000	5,121 4,800
	Accountancy senices Consultancy Membership & Subscriptions Project Exploration Expenses				4,200 3,321 900 50,000 219,906		4,200 3,321 900 50,000 219,906	4,950 353 935 50,025 225,077
					918,012		918,012	811,186

				APASEN	APASEN
				( A Company Limited	by Guarantee)
				Notes to the financial	statements
				for the year ended 31 March 2022
10	Creditors:	falling within one year				2022		2021
						E		F.
	Accruais					548,366		311,160
	Unity Bank	Loans				185,784		199,862
	Trade Creditors					25,655		2,252
	Pension provider					559		37,903
	Other Creditors					7,227		4,592
11	Creditorrs falling after more than			one year		2022		2021
						E
	Unity Bank	Loans				2,384,833
						2,384,833		2,488,510
12	Restricted	funds movement:		Opening	Restricted	Restricted		Closing
				Balance	Income	Expenses	Adjustment	Balance
				E	E		F.	E.
	Training Protects					64,694	64,694
	Home Care	Consortium		122,163				122,163
	Advice and	Information	Services	81,903	54,305	67,710		68,498
	Disability Network				18,075	11,834		6,241
	Total			204066	72 380	144,238	64,694	196,902
13	Movement	in funda
				Unrestricted	Designated	Unrestricted	Restricted
				Fund	Fund	Fund (Total)	Fund	Total
				E		E	E	E
	As at 1 April	2021		3,535,193	2,589,388	6,124,581	204,066	6,328,647
	Current year			2,095,553		2,095,553	(71,858)	2,023,695
	Current year	transfer		(147,597)	82,903	(64,694)	64,694
	As at 31 March 2022			5483,149	2 672 291	8,155,440	196902	8352 342