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2022-03-31-accounts

Page
Index to the Financial Statements
Charitable Company
Information
Trustees' Report 4-5
Statement ofTrustees' Responsibilities
Independent Examiner's
Report
Statement ofFinancial Activities
Statement ofFinancial Postion
Statement ofCash Flows 10
Accounting Policies
Notes to the Accounts 12-16

Status: It's Your Life is a company limited by guarantee and a registered charity governed by its
memorandum
and articles		 ofassociation. The directors ofthe charity are iis trustees for
the purposes of charity law and throughout this report are collectively referred to as the
Trustees.
Charity name: It's Your Life
Company registration number: 05650451
(England
&Wales)
Charity registration number: 1116802
Registered office: The Glasshouse
161 Old Ford Road
London
E29QB
Operations address: The Glasshouse
161 Old Ford Road
London
E29QB
Trustees who held office D Lewis
during the year: F Rahim
M Sherwood
BThomas
Chair: D Lewis
Secretary: J Bames
Senior Management: J Bames
Chartered
Independent Examiner: Anthony
Armstrong		 FCA
Armstrong
&Co
Accountant & Statutory Auditor
4a Printing
House Yard
Hackney Road
London
E2TPR
Bankers: National Westminster Bank Pic
Bethnal Green
London

2022 2021
Unrestricted Restricted Funds Total Funds Total Funds
Funds
Notes E E E E
Income from:
Donations
and legacies		 4,165 4,165 4,177
Charitable
activities		 241,700 111,275 352,975 304,518
Tote I income 245,865 111,275 357,140 308,695
Expenditure
on:
Raising funds 21,076 21,076 19,016
Charitable
activities		 219,372 79,217 298,589 287,507
Total expenditure 240,448 79,217 319,665 306,523
Net incomei(expenditure) and movement in funds 5,417 32,058 37,475 2,172
Reconciliation
offunds:
Total funds brought forward 13 61,442 61,442 59,270
Total funds carried forward 12 66,859 32,058 98,917 61,442

31 March 2022 31 March 2021
Notes
Fixed assets:
Tangible assets 1,203 1,191
Total fixed assets 1,203 1,191
Current assets:
Debtors 9 1,236 3,600
Cash at bank and In hand 10 96,183 74,281
Total current assets 97,419 77,881
Creditors: amounts falling due within one year 11 ~29e 17,630
Net current assets/(liabilities) 97,714 60,251
Total net assets 98,917 61,442
The funds ofthe charity:
Restricted income funds 14 32,058
Unrestricted
funds		 15 66,859 61,442
Total charity funds 16 98,917 61,442

Notes 2022 2021
E E
Cash flows from operating
activities:
Net cash provided
by/(used
in) operating		 activities 22,447 41,810
Cash flows from investing
activities:
Net Purchase ofproperty,
plant and equipment
cash provided
by/(used
in) Investing
activities		 (545)
~545		 (1,588)
~1.588
Change
in cash and cash equivalents		 in the reporting period 21,902 40,222
Cash and cash equivalents
at the beginning		 ofthe reporting period 74,281 34,059
Cash and cash equivalents
atthe end		 of the reporting period 96,183 74,281
Notes to the Cash Flow Statement 2022 2021
E E
1) Reconciliation ofnet income/(expenditure) to net cash flow from
operating
activities
Net income/(expenditure)
for the		 reporting period (as per the statement offinancial
activities) 37,475 2,172
Adjustments
for:
Depreciation
charges		 533 397
(Increase)/decrease
in debtors		 2,364 34,949
Increase/(decrease)
in creditors		 (17,925) 4,294
Net cash provided
by/(used
In) operating		 activities 41,010
2022 2021
E
2) Analysis ofcash and cash equivalents
Cash in hand 96,103 74,281
Total cash and cash equivalents 96,183 74,281

Net incoming resources 2022 2021
Net incoming resources are stated effer charging: E E
Independent Examiners fees - reporting service 1,080 1,025
Independent Examiner's fees - other services 2,272 1,783
Depreciation - owned assets 533 397

2022 2021
Income from donations and legacies Unrestrictedf Restrictedf Total
E		 Total
E
Donations 4,165 4,165 4,177
4,165 4,165 4,177
2022 2021
Income from charitable activities Unrestricted
E		 Restricted
E		 Total
E		 Totalf
Charitable
services		 185,500 185,500 169,100
Grant income 56,200 111,275 167,475 135,418
241,700 111,275 352,975 304,518
2022 2021
Expenditure on raising funds Unrestricted Restricted Total Total
F E E E
Fundraising
costs		 21,076 21,076 19,016
21,076 21,076 19,016
2022 2021
Expenditure on charitable activities Unrestricted
E		 Restrictedf Total
E		 Total
F
Staff salaries &costs 176,289 75,197 251,486 211,702
Project delivery 5,944 2,536 8,480 36,164
Project activities 769 328 1,097 543
Project materials 1,752 747 2,499 5,022
Project equipment 960 409 1,369 1,358
Volunteer expenses 2,880 2,880 2,490
Family support 1,057
Administration support 3,300 3,300 6,000
Staff training &welfare 589 589
Travel &subsistence 1,240 1,240 1,044
Rent &services 17,423 17,423 13,238
Office costs 3,141 3,141 2,519
Insurance 1,025 1,025 1,001
Bank charges 175 175 170
independent examiner's fees 1,080 1,080 1,025
Accountancy & payroll costs 2,272 2,272 2,536
Depreciation 533 533 397
Penalties
&interest		 1,241
219,372 79,217 298,589 287,507

Staff sal aries 2022 2021
E E
Salaries 230,221 195,820
Social security costs 19,640 13,556
Pensions 1,625 2,327
251,486 211,702
Average number ofemployees during the year was: 7.5 5.0
Average number ofFTEemployees during the year was: 5.3 4.5
Fixtures ft
8 Tangible fixed assets equipment Total
E E
Cost
As at 1 April 2021 4,082 4,082
Additions 545 545
As at 31 March 2022 4,627 4,627
Depreciation
As at 1 April 2021 2,891 2,891
Charge for the year 533 533
As at 31 March 2022 3,424 3,424
Net book value
As at 31 March 2022 1,203 1,203
As at 31 March 2021 1,191 1,191
9 Debtors: amounts falling due within one year 2022 2021
E E
Operating
debtors		 1,250
Staff expenses (14)
Accrued income 3,600
1,236 3,600
10 Bank and cash in hand 2022 2021
E E
Bank current account 96,149 74,247
Petty cash 34 34
96,183 74,281
11 Creditors: amounts falling due within one year 2022 2021
E
Payroll taxes (268) 14,851
Pension
liabilities		 (183) 111
Net salaries (846) (141)
Accrued expenses 1,002 2,809
(295) 17,630

Opening Resources Resources Other Other Closing
12 The funds ofthe charity: current year balance arising utigsed movements balance
E E E E
Restricted funds
Restricted income funds 111,275 (79,217) 32,058
Unrestricted
funds
Generalfunds 61,442 245,865 240,448 66,859
61,442 357,140 (319,665) 98,917
Opening Resources Resources Other Closing
13 The funds ofthe charity: prior year balance arising utglsed movements balance
E E E E E
Restricted funds
Restricted income funds 135,418 (135,418)
Unrestricted
funds
General funds 59,271 173,277 (171,105 61,443
59,271 308,695 (306,523) 61,443
Opening Incoming Resources Transfers & Closing
14 Restricted funds: current period balance resources expended gains/(losses) balance
E E E
Clarion Futures 1,000 1,000
Concordia
Foundation		 1,000 1,000
Cobalt Housing 2,500 2,500
BBCChildren
in Need		 42,343 42,343
Ernest Cook 14,558 14,558
London 8 Quadrant 21,374 21,374
Rathbone
Investment		 Management 2,200 2,200
Tallows Chandlers Company 10,800 4,000 6,800
Trusthouse
Charitable		 Foundation 15,500 7,000 8,500
111,275 79,217 32,058
Opening Incoming Resources Transfers 8 Closing
15 Restricted funds: prior period balance resources expended gains/(losses) balance
E E E
British Science Association 500 500
Clarion Futures 8,820 8,820
BBCChildren
in Need		 38,325 38,325
East End Community Foundation 23,147 23,147
Edward Gosling 10,500 10,500
Eleanor Rathbone Trust 5,006 5,006
EECFTampon Tax 2,500 2,500
The Grocers' Charity 7,210 7,210
ISLA Foundation 2,000 2,000
Institute ofPhysics 600 600
London &Quadrant 4,800 4,800
National
Logery		 9,510 9,510
School for Social Entrepreneurs 7,000 7,000
Trusthouse
Charitable		 Foundation 15,500 15,500
135,418 135,418