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|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|
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||||||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|
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|||||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|
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|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).|||
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|||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||
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|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|
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