## ## |Trustees'
Report||2to 14| |---|---|---| |Statement ofTrustees'|Responsibilities|15| |Independent
Examiner's|Report|16| |Statement of Financial Activities||17| |Balance Sheet||18| |Cash Flow Statement||19| |Notes to the Financial Statements||20to 28| ## ## ## ## |Nasyah
Bandoh|Membership
Manager (joined|20 February 2023)| |---|---|---| |James Banks|Chief Executive (and Company|Secretary)| |Geraldine
Blake|Director ofCollaboration
and|Development| |Malene Bratlie|Learning
and Communications|Manager| |Louise Henry|Programme
Development
Manager (joined 20 February 2023)|| |Jessica Herbert|Team Coordinator|| |Helen Mathie|Director of Partnerships
and Place|| |Grace Perry|Head of Programme
Delivery|| |Kamari Romeo|Events and Administration
Coordinator
(joined 20 February 2023)|| ## |Bankers||||||| |---|---|---|---|---|---|---| |Unity Trust|Bank|Charity Bank|CAF Bank|||| |Four Brindleyplace||Fosse House, 182 High Street|25 Kings|Hill Avenue,||Kings Hill| |Birmingham|B12JB|Tonbridge
TN9 1BE|West Mailing,||Kent ME194JQ|| ## |Solicitors|Solicitors|| |---|---|---| |Russell-Cooke||LLP| |2 Putney|Hill|| |London|SW15|6AB| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Forthe year e|n|ded 31 March 202|3||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||Unrestricted|Restricted|Total|Total| ||||Note||||| |Income from:|||||||| |Donations/legacies||8 other income||3,780||3,780|3,600| |Charitable
activities:|||||||| |London's
Giving|||||100,000|100,000|100,000| |Propel|||||426,820|426,820|| |Membership
services||||234,103|117,402|351,505|304,451| |Investment
income||||1,833||1,833|490| |Total income||||239,716.|644,222|883,938|408,541| |Expenditure
on:|||||||| |Raising funds||||5,036||5,036|4,597| |Charitable
activities:|||||||| |London's
Giving|||||106,647|106,647|106,939| |Propel|||||421,872|421,872|| |Membership
services||||135,087|117,417|252,504|303,016| |Total expenditure||||140,123|645,936|786,059|414,552| |Net Income for the||year||99,593|(1,714)|97,879|(6,011)| |Transfers
between|funds||||||| |Net movement
In|funds|||99,593|(1,714)|97,879|(6,011)| |Reconciliation
of|funds:||||||| |Total funds brought||forward||199,574|15,135|214,709|220,720| |Total funds carried||forward||299,167|13,421|312,588|214,709| ## ## ## ## ## |Forthe year ended 3|1 March 20|23|||||| |---|---|---|---|---|---|---|---| ||||Note|2023|2023|2022|2022| |Net cash provided
by/(used
In) operating
activities|||14||215,775||25,333| |Cash flows from investing|activities:||||||| |Interest/
rent/ dividends
from investments||||1,833||490|| |Cash provided
by/(used|In) investing|activities|||1,833||490| |Change
In cash and cash|equivalents|ln the year|||217,608||25,823| |Cash and cash equivalents|at th'e beginning
ofthe year||||273,940||248,117| |Cash and cash equivalents|at the end|ofthe year|15||491,548||273,940| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |F|orthe year ended 31March 2|orthe year ended 31March 2|orthe year ended 31March 2|orthe year ended 31March 2|orthe year ended 31March 2|023||||| |---|---|---|---|---|---|---|---|---|---|---| |2|Income from donations/legacies|||||&other Income||||| ||||||||||2023|2022| ||Current Year||||||Unrestricted|Restricted|Total|Total| ||||||||E|E||E| ||Other income||||||3,780||3,780|3,600| ||||||||3,780||3,780|3,600| ||||||||||2022|2021'| ||Prior year||||||Unrestricted|Restricted|Total|Total| ||||||||E||E|E| ||Other income||||||3,600||3,600|15,180| ||||||||3,600||3,600|15,180| |3|Income from Charitable Activities|||||||||| ||Current Year||||||||2023|2022| ||||||||Unrestricted|Restricted|Total|Total| ||London's
Giving||||||E|E|E|E| ||City Bridge Trust|||||||100,000|100,000|100,000| ||Total for London's|Giving||||||100,000|100,000|100,000| ||Propel|||||||||| ||City Bridge Trust|||||||255,000|255,000|| ||Greater London Authority|||||||65,000|65,000|| ||Bloomberg|||||||50,000|50,000|| ||John Lyon's Charity|||||||10,000|10,000|| ||National
Lottery Community|||Fund||||46,820|46,820|| ||Total for Propel|||||||426,820|426,820|| ||Membership
Services|||||||||| ||City Bridge Trust|||||||65,902|65,902|12,500| ||Paul Hamlyn
Foundation|||||||||6,000| ||Trust for London|||||||20,000|20,000|| ||Greater London Authority|||||||19,000|19,000|19,000| ||National
Lottery Community|||Fund||||12,500|12,500|37,500| ||Membership
fees||||||234,103||234,103|229,451| ||Total for Membership||Services||||234,103|117,402|351,505|304,451| ||Total Income from|charitable|||activities||234,103|644,222|~7,325|404,451| ||Prior year||||||||2022|2021| ||||||||Unrestricted|Restricted|Total|Total| ||London's
Giving||||||E|E|E|E| ||City Bridge Trust|||||||100,000|100,000|100,000| ||Total for Londons|Giving||||||100,000|100,000|100,000| ||Covld-19 response|funding||||||||| ||City Bridge Trust|||||||||80,101| ||Greater London Authority|||||||||50,000| ||Paul Hamlyn
Foundation|||||||||18,000| ||United StSaviour's|Charity||||||||8,000| ||London Community|Foundation||||||||7,500| ||MHCLG|||||||||5,000| ||Total for COVID 19funding|||||||||168,601| ||Membership
Services|||||||||| ||City Bridge Trust|||||||12,500|12,500|62,500| ||Paul Hamlyn||||||6,000||6,000|12,000| ||Greater London Authority|||||||19,000|19,000|| ||National
Lottery Community|||Fund||||37,500|37,500|| ||Membership
fees||||||229,451||229,451|209,966| ||Total for Membership||Services||||235,451|69,000|304,451|284,466| ||||||||235,451|169,000|404,451|553,067| |4|Income from Investments||||||||2023|2022| ||||||||Unrestricted|Restricted|Total|Total| ||||||||E|E|E|E| ||Bank interest||||||1,833||1,833|490| ||||||||1,833||1,833|490| ||||||||22|||| |||m
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e5| ## |6|Net Income I(expenditure)
forthe year|Net Income I(expenditure)
forthe year||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||This is stated after charging I(crediting):||||||||||2023|2022| |||||||||||||E| ||Independent
Examiner remuneration:|||||||||||| ||Independent
Examiner fees||||||||||.1,735|1,735| ||||||||||||1,735|1,735| |7|Analysis ofstaff costs, trustee remuneration|||and expenses,||||||||| ||and the costofkey management
personnel|||||||||||| ||Staff costs were as follows:||||||||||2023f|2022f| ||Salaries and wages||||||||||286,711|240,532| ||Social security costs||||||||||27,268|21,171| ||Employer's
contribution
to defined contribution||pension||schemes||||||19,751|15,850| ||||||||||||333,730|277,553| ||The number of employees
who received|total|employee||benefits|(excluding||employer|pension costs)||of more than 860,000were|| ||as follows:|||||||||||| ||||||||||||2023|2022| ||f70,001 - f60,001|||||||||||| ||680,001 - 690,001|||||||||||| ||The total employee
benefits
including
pension
personnel
were f100,721 (2022:E91,946).|||contributions||and|national|insurance||contributions|of the key management|| ## |The|average|number|ofemployees|(head|count|based|on|number|ofstaff|employed)|during|the|year|was as follows:|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||2023|2022| |||||||||||||||No.|No.| |||||||||||||||0.85|0.05| |||||||||||||||5.85|4.15| |||||||||||||||0.2|0.2| |||||||||||||||0.1|0.1| |||||||||||||||6.20|4.50| ## ## |Balance|at the beginning
of|the year| |---|---|---| |Amount|released to income|in the year| |Amount|deferred
in the year|| |Balance|at the end ofthe year|| |2023|2022| |---|---| ||8| |2,020|1,880| |440|| |217|1,829| |2,877|3,709| |2023
8|2022f| |31,218|26,465| |2,589|2,175| |2,850|2,800| |145,000|31,500| |181,837|62,940| |2023|2022| |31,500|| |(31,500)|| |145,000|31,500| |145,000|31,500| ## |12|Analysis ofnet assets between|Analysis ofnet assets between|funds|funds|||||| |---|---|---|---|---|---|---|---|---|---| ||||||||General||Total| ||||||||unrestricte|Restricted|funds| ||||||||6|6|6| ||Tangible fixed assets||||||||| ||Net current assets||||||299,167|13,421|312,588| ||Net assets at the end ofthe year||||||299,167|13,421|312,588| |13|Movements
In funds||||At the|Incoming|Outgoing||At the| ||Current year||||start of|resources|resources||end of| ||||||the yearf|8 gains|8 losses|Transfers
6|the year| ||Restrlctedfunds:||||||||| ||City Bridge Trust Fund - Membership|||core||65,902|65,902||| ||City Bridge Trust Fund - Londons||Giving||15,120|100,000|106,647||8,473| ||Trust for London|||||20,000|20,000||| ||National
Lottery Community|Fund||||12,500|12,500||| ||Greater London Authority||||15|19,000|19,015||| ||Propel|||||426 820|421 872||4,948| ||Total restricted funds||||15,135|644,222|645,936|-|13,421| ||Unrestricted
funds:||||||||| ||'General funds||||199,574|239,716|140,123||299,167| ||Total unrestricted
funds||||199,574|239,716|140,123||299,167| ||Total funds||||214,7119|003,930|700,009||312,588| |13|Movements
In funds||||At the|Incoming|Outgoing||At the| ||Prior year||||start of|resources|resources||end of| ||||||the year|&gains
E|&lossesf|Transfers
E|the year| ||Restricted funds:||||||||| ||City Bridge Trust Fund - Membership|||core||12,500|12,500||| ||City Bridge Trust Fund - Londons||Giving||22,059|100,000|106,939||15,120| ||National
Lottery Community|Fund||||37,500|37,500||| ||Greater London Authority|||||19,000|18,985||15| ||Total restricted funds||||22,059|169,000|175,924||15,135| ||Unrestricted
funds:||||||||| ||General funds||||198,661|239,541|238,628||199,574| ||Total unrestricted
funds|||||35,5|||| ||Total funds||||Y22,720|400,041|4'14,552||214,709| ||Purposes ofrestricted funds||||||||| ## |Fo|rthe year ended 31March 2023|rthe year ended 31March 2023|||||| |---|---|---|---|---|---|---|---| |14|Reconciliation
ofnet income I(expenditure)||to net cash flow from operating|activities|||| |||||||2023|2022| |||||||E|E| ||Net Income / (expenditure)
forthe reporting||period|||97,879|(6,011)| ||(as per the statement offinancial|actlvlNes)|||||| ||Depreciation||||||| ||Interest,
rent and dividends
from investments|||||(1,833)|(490)| ||(Increase)/ decrease
in debtors
Increase/ (decrease)
in creditors|||||1,032
118,697|35,091
~3,257| ||Net cash provided
by /(used
In) operating||activities|||215,775|25,333| |15|Analysis ofcash and cash equivalents||||||At 31| ||||At 1 April|||Other|March| ||||2022
f||Cash flows
E|changes
f|2023
E| ||Cash at bank and in hand||273,940||217,808||491,548| ||Total cash and cash equivalents||273,940||217,808|-|491,548|