| Page | |||
|---|---|---|---|
| Reference and Administrative Details ofthe Company, |
its Trustees and Advisers | ||
| Trustees' Report |
2-6 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | 9-10 | ||
| Notes to the Financial Statements | 11-27 |
| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | ||||
| Trustees | N G Oakes | |||
| Ms J Przetakiewicz | ||||
| Ms P A Slaw | ||||
| Mrs M Smith | ||||
| R K Smith | ||||
| Company | registered | |||
| number | 05T58108 | |||
| Charity registered | ||||
| number | 1118543 | |||
| Registered | office | The Platt Christian 22 Felsham Road |
Centre | |
| London | ||||
| SW15 1DA | ||||
| Company | secretary | Mrs M Smith | ||
| Accountants | Nyman Libson Paul |
LLP | ||
| Chartered Accountants |
||||
| 124 Finchley Road | ||||
| London | ||||
| NW3 5JS |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Note | F | |||||
| Income from: | ||||||
| Donations and legacies |
96,620 | 96,716 | 89,062 | |||
| Charitable activities |
361,278 | 361,278 | 319,365 | |||
| Other trading activities |
17,164 | 17,164 | 28,094 | |||
| Investments | 564 | 44,698 | 45,262 | 29,687 | ||
| Other income | 11,500 | |||||
| Total income | 475,626 | 44,794 | 520,420 | 477,708 | ||
| Expenditure on: |
||||||
| Charitable activities |
427,044 | 68,660 | 495,704 | 426,024 | ||
| Total expenditure | 427,044 | 68,660 | 495,704 | 426,024 | ||
| Net incomef(expenditure) | 48,582 | (23,866) | 24,716 | 51,684 | ||
| Transfers between |
funds | 17 | (310,393) | 310,393 | ||
| Other recognised | gains/(losses): | |||||
| Gains on revaluation | offixed assets | 502,773 | ||||
| Net movement in funds |
(261,811) | 286,527 | 24,716 | 554,457 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 310,393 | 864,349 | 1,174,742 | 620,285 | |
| Net movement in funds |
(261,811) | 286,527 | 24,716 | 554,457 | ||
| Total funds carried forward | 48,582 | 1,150,876 | 1,199,458 | 1,174,742 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| AS AT 31 | MARCH 2023 | ||||||
| 2023 | 2022 | ||||||
| E | F | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 872,889 | 1,724,859 | ||||
| Investment property |
13 | 850,000 | |||||
| 1,722,889 | 1,724,859 | ||||||
| Current assets | |||||||
| Debtors | 14 | 2,179 | |||||
| Cash at bank and | in hand | 111,147 | 98,394 | ||||
| 111,147 | 100,573 | ||||||
| Creditors: amounts | falling | due within one | |||||
| year | 15 | (44,207) | (29,500) | ||||
| Net current assets | 66,940 | 71,073 | |||||
| Total assets less | current | liabilities | 1,789,829 | 1,'795,932 | |||
| Creditors: amounts | falling | due after more | |||||
| than one year | (590,371) | (621,190) | |||||
| Total net assets | 1,199,458 | 1,174,742 | |||||
| Charity funds | |||||||
| Restricted funds | 48,582 | 310,393 | |||||
| Unrestricted funds: |
|||||||
| Designated funds |
17 | 502,303 | |||||
| General funds | 17 | 145,800 | 864,349 | ||||
| Revaluation reserve |
17 | 502,773 | |||||
| Total unrestricted | funds | 17 | 1,150,876 | 864,349 | |||
| Total funds | 1,199,458 | 1,174,742 |
| Restricted | Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2023 | 2023 E |
2023f | 2022 F |
|||||
| Donations | 33,520 | 33,616 | 35,083 | |||||
| Legacies | 19,127 | |||||||
| Grants | 63,100 | 63,100 | 16,120 | |||||
| Gifts in kind | 18,732 | |||||||
| 96,620 | 96,716 | 89,062 | ||||||
| Total 2022 | 86,779 | 2,283 | 89,062 | |||||
| Analysis ofgrants | ||||||||
| 2023 | ||||||||
| E | ||||||||
| Integrated | Care Board (ICB) | 25,000 | ||||||
| Wandsworth | Combined | Charities | 15,000 | |||||
| London Community | Grant | 10,000 | ||||||
| Falls Grant | 10,000 | |||||||
| Worshipful | Company | of Gold | 1,500 | |||||
| Miies Trust | 1,000 | |||||||
| Brighter Living Fair |
600 | |||||||
| 63,100 |
| Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2023 | 2023 | 2022 | ||||
| F | F | |||||
| Grant | making | activities | 240,963 | 240,963 | 224,772 | |
| Other | charitable | activities | 120,315 | 120,315 | 94,593 | |
| Total | 2022 | 319,365 | 319,365 |
| Restricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| F | F | |||
| Fundraising | events | 17,164 | 17,164 | 28,094 |
| Total 2022 | 28,094 | 28,094 |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2023 f |
2023 | 2023 | 2022f | |
| Rents received | 100 | 44,340 | 44,440 | 29,673 |
| Deposit account interest | 464 | 358 | 822 | 14 |
| 564 | 44,698 | 45,262 | 29,687 | |
| Total 2022 | 382 | 29,305 | 29,687 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023f | 2023f | 2022 | ||
| Insurance | claims | 11,500 | ||
| Total 2022 | 11,500 | 11,500 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| E | F | ||||
| Charitable | activities | 342,107 | 153,597 | 495,704 | 426,024 |
| Total 2022 | 311,002 | 115,022 | 426,024 | ||
| Analysis ofdirect costs | |||||
| Total | Total | ||||
| funds | funds | ||||
| 2023 | 2022 | ||||
| F | |||||
| Staff costs | 272,358 | 232,707 | |||
| Charitable | activities | 64,483 | 55,547 | ||
| Other staff | costs | 5,266 | 4,016 | ||
| Gifts in kind | 18,732 | ||||
| 342,107 | 311,002 | ||||
| Analysis ofsupport costs | |||||
| Total | Total | ||||
| funds | funds | ||||
| 2023f | 2022 | ||||
| Management | 53,221 | 21,630 | |||
| Finance | 33,600 | 20,289 | |||
| Information | technology | 458 | 357 | ||
| Property costs | 57,705 | 68,482 | |||
| Governance | costs | 8,613 | 4,264 | ||
| 153,597 | 115,022 |
| 2023f | 2022 E |
||||||
|---|---|---|---|---|---|---|---|
| Fees | payable | to the Company's | independent | examiner | for the independent | ||
| examination | ofthe Company's | annual accounts | 3,750 | ||||
| Fees | payable | to the Company's | auditor for | the audit of | the Company's | ||
| annual | accounts | 4,500 | 4,200 |
| Staffcosts | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Wages and | salaries | 254,453 | 215,495 | |
| Social security costs | 13,332 | 12,919 | ||
| Contribution | to defined contribution | pension schemes | 4,573 | 4,293 |
| 272,358 | 232,707 |
| The average | number ofpersons employed | by the Company | during the year was as follows: | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| No, | No. | |||
| Administrative | &support staff | 12 |
| Freehold | Motor | Fixtures and | Computer | ||
|---|---|---|---|---|---|
| property | vehicles | fittings | equipment | Total | |
| F | F | F | F | ||
| Cost or valuation | |||||
| At 1 April 2022 | 1,702,415 | 56,727 | 96,361 | 6,748 | 1,862,251 |
| Additions | 5,894 | 4,296 | 687 | 10,8?7 | |
| Disposals | (9,200) | (4,404) | (599) | (14,203) | |
| Transfers between classes |
(850,000) | (850,000) | |||
| Eliminated on revaluation |
(52,415) | (52,415) | |||
| At 31 March 2023 | 800,000 | 53,421 | 96,253 | 6,836 | 956,510 |
| Depreciation | |||||
| At 1 April 2022 | 52,415 | 36,416 | 42,T75 | 5,786 | 137,392 |
| Charge for the year | 3,874 | 8,126 | 458 | 12,458 | |
| On disposals | (8,811) | (4404) | (599) | (13,814) | |
| Eliminated on revaluation |
(52,415) | (52,415) | |||
| At 31 March 2023 | 31,479 | 46,4S7 | 5,645 | 83,621 | |
| Net book value | |||||
| At 31 March 2023 | 800,000 | 21,942 | 49,T56 | 1,191 | 872,889 |
| At 31 March 2022 | 1,650,000 | 20,311 | 53,586 | 962 | 1,724,859 |
| Freehold | ||
|---|---|---|
| investment | ||
| property | ||
| F | ||
| Valuation | ||
| Transfers | between classes | 850,000 |
| At 31 March 2023 | 850,000 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| F | ||||
| Gift aid receivable | 2,179 | |||
| 2,179 | ||||
| 15. | Creditors: Amounts | falling due within one year | ||
| Bank loans | 33,?50 | 24,478 | ||
| Accruals and deferred | income | 10,457 | 5,022 | |
| 44,207 | 29,500 |
| 2023 | 2022 | ||
|---|---|---|---|
| F | F | ||
| Bank | loans | 590,371 | 621,190 |
| Included within the above are amounts |
falling due as follows: | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Between one and two years | |||
| Bank loans | 33,750 | 25,590 | |
| Between two and five years | |||
| Bank loans | 101,250 | 83,447 | |
| Over five years | |||
| Bank loans | 455,371 | 512,153 |
| Statement offunds | - | current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 31 March | |||||
| April 2022 | Income | Expenditure | in/out | 2023 | |||
| E | F | E | |||||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| The Platt Mission | 502,303 | 502,303 | |||||
| General funds | |||||||
| General Funds - all | funds | 145,800 | 145,800 | ||||
| General fund | (2,342) | 2,342 | |||||
| SW11 Battersea | 3,250 | (3,250) | |||||
| SW15 Putney | 167,554 | 1,869 | (25,735) | (143,688) | |||
| The Platt Mission | 694,683 | 42,925 | (42,925) | (694,683) | |||
| Notting ham | 1,204 | (1,204) | |||||
| Revaluation reserve |
502,773 | 502,773 | |||||
| 864,349 | 44,794 | (68,660) | (191,910) | 648,573 | |||
| Total Unrestricted | funds | 864,349 | 44,794 | (68,660) | 310,393 | 1,150,876 | |
| Restricted funds | |||||||
| SW11 Battersea | 168,876 | (168,876) | |||||
| SW15 Putney | 211,383 | (195,505) | 15,878 | ||||
| The Platt Mission | 310,393 | (310,393) | |||||
| New Rise Reablement | Centre | 55,834 | (26,241) | 29,593 | |||
| RISE+ | 25,000 | (21,889) | 3,111 | ||||
| SHINE Again | 4,533 | (4,533) | |||||
| Falls Prevention | 10,000 | (10,000) | |||||
| 310,393 | 475,626 | (427,044) | (310,393) | 48,582 | |||
| Total offunds | 1,174,742 | 520,420 | (495,704) | 1,199,458 |
| 17. | Statement offunds | (continued) | |||||
|---|---|---|---|---|---|---|---|
| Statement offunds | - prior year | ||||||
| Balance at | |||||||
| Balance at | Transfers | Gains/ | 31 March | ||||
| 1 April 2021 | Income | Expenditure | in/out E |
(Losses) F |
2022 f |
||
| Unrestricted | |||||||
| funds | |||||||
| SW11 Battersea | 49,809 | 86,191 | (37,090) | (95,660) | 3,250 | ||
| SW15 Putney | 74,210 | 81,565 | (49,123) | 60,902 | 167,554 | ||
| The Platt | |||||||
| Mission | 205,880 | 37,981 | (51,951) | 502,773 | 694,683 | ||
| Notting ham | 1,204 | 1,204 | |||||
| General fund |
1,985 | 20,912 | (23,254) | (1,985) | (2,342) | ||
| 333,088 | 226,649 | (109,467) | (88,694} | 502,773 | 864,349 | ||
| Restricted | |||||||
| funds | |||||||
| SW11 Battersea | 105,263 | (55,071) | (50,192) | ||||
| SW15 Putney | 2,500 | 145,322 | (240,723) | 92,901 | |||
| The Platt | |||||||
| Mission | 284,697 | (20,289) | 45,985 | 3"I 0,393 | |||
| 287,197 | 250,585 | (316,083} | 88,694 | 310,393 | |||
| Total offunds | 620,285 | 477,234 | (425,550) | 502,773 | 1,174,742 |
| Analysis | of net assets between funds - current | year | ||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| F | E | |||
| Tangible fixed assets | 872,889 | 872,889 | ||
| Investment | property | 850,000 | 850,000 | |
| Current assets | 48,582 | 62,565 | 111,147 | |
| Creditors | due within one year | (44,207) | (44,207) | |
| Creditors | due in more than one year | (590,371) | (590,371) | |
| Total | 48,582 | 1,150,876 | 1,199,458 |
| Analysis of net assets between funds - prior ye | ar | ||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| E | |||
| Tangible fixed assets | 955,317 | 769,542 | 1,724,859 |
| Current assets | 744 | 99,829 | 100,573 |
| Creditors due within one year | (24,478) | (5,022) | (29,500) |
| Creditors due in more than one year | (621,190) | (621,190) | |
| Total | 310,393 | 864,349 | 1,174,742 |