| Page | |
|---|---|
| Reference and administrative details ofthe Charity, its Trustees and advisers |
|
| Trustees' report |
2-13 |
| Independent examiner's report |
14 |
| Statement offinancial activities | 15 |
| Balance sheet | 16 |
| Statement ofcash flows |
17 |
| Notes tothe financial statements | 18-34 |
| Trustees | SrSusan Browne | (appointed | (appointed | 12December 2022) | 12December 2022) | |
|---|---|---|---|---|---|---|
| Janet Morris (appointed | 12 | December 2022) | ||||
| Sr Bernadette Holmes (rem) (appointed |
14 February 2022) | |||||
| DrAnna Rowlands |
||||||
| Anna Geatrell | ||||||
| Sr Kathleen Heron |
(rsm) | |||||
| Fiona Dick | ||||||
| Maureen Meatcher |
||||||
| Dr Carols Murphy | (resigned | 12December 2022) | ||||
| Hope Davis (resigned 12 December 2022) | ||||||
| Esther Boles (resigned 12December 2022) | ||||||
| Company | registered | |||||
| number | 05664659 | |||||
| Charity registered | ||||||
| number | 1116613 | |||||
| Registered | office | 54-55 Birkenhead | Street | |||
| London | ||||||
| WC1H SBB | ||||||
| Company | secretary | Hope Davis | ||||
| Chief executive officer | Lynda Dearlove (rsm) MBE | BACQSW | PGCPT | |||
| Bankers | The Co-operative | Bank | ||||
| 9Prescot Street | ||||||
| London | ||||||
| E1 BBE | ||||||
| Solicitors | Bates Wells &Braithwaite, London LLP |
|||||
| 2-6 Cannon Street | ||||||
| London | ||||||
| EC4M 6YH |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | 6 | F | |||||
| Income from: | |||||||
| Donations and |
legacies | 35,207 | 35,207 | 53,898 | |||
| Charitable activities |
185,377 | 463,310 | 648,687 | 417,876 | |||
| Fundraising activities |
7,096 | 7,095 | 792 | ||||
| Investments | 127 | 127 | 12 | ||||
| Other income | 5,290 | ||||||
| Total income | 186,377 | 505,739 | 691,116 | 487,868 | |||
| Expenditure on: |
|||||||
| Raising funds | 34,416 | 34,416 | 31,632 | ||||
| Charitable activities |
125,735 | 490,293 | 616,028 | 625,672 | |||
| Total expenditure | 125,735 | 524,709 | 650,444 | 657,304 | |||
| Net movement | in funds | 59,642 | (18,970) | 40,872 | (159,436) | ||
| Reconciliation | offunds: | ||||||
| Total funds brought | fonvard | 3,386 | 86,242 | 89,628 | 259,064 | ||
| Net movement | in funds | 59,642 | (18,970) | 40,672 | (169,436) | ||
| Total funds carried | forward | 63,028 | 67,272 | 130,300 | 89,628 |
| Note | 2022 | 2021f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets | 13 | 1,611 | 3,126 | ||||
| 1,611 | 3, 126 | ||||||
| Current assets | |||||||
| Debtors | 14 | 52,628 | 33,283 | ||||
| Cash at bank | and in hand | 104,861 | 145,363 | ||||
| 157,689 | 178,646 | ||||||
| Creditors; amounts | falling due within one | ||||||
| year | 15 | &29,000) | (92,144) | ||||
| Net current | assets | 128,689 | 86,502 | ||||
| Total assets | less current liabilities | 130,300 | 89,628 | ||||
| Total net assets | 130,300 | 89,628 | |||||
| Charity funds | |||||||
| Restricted funds | 17 | 63,028 | 3,386 | ||||
| Unrestricted | funds | 17 | 67,272 | 86,242 | |||
| Total funds | 130,300 | 89,628 |
| STATEMENT QF CASH FLOWS | STATEMENT QF CASH FLOWS | |||||
|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER 2022 | ||||||
| 2022 | 2021 | |||||
| 5 | ||||||
| Cash flows from operating | activities | |||||
| Net cash | used in operating |
activities | (40,629) | (167,348) | ||
| Cash f(ows from investing | activities | |||||
| Dividends, | interests and rents from investments | 127 | 12 | |||
| Net cash | provided by investing activities |
127 | 12 | |||
| Cash flows from financing | activities | |||||
| Net cash | provided by financing activities |
|||||
| Change | in cash and cash | equivalents in |
the year | (40,502) | (167,336) | |
| Cash and cash equivalents | at the beginning | ofthe year | 145,363 | 3(2,699 | ||
| Cash and cash equivalents | atthe end of | the year | 104„661 | 145,363 |
| Restricted | Unrestricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2022 | ||||
| F | 6 | 6 | ||||
| Charitable | activities | 185,377 | 463,310 | 648,687 | ||
| Total 2022 | 185,377 | 463,310 | 648,687 | |||
| Restncted | Unrestricted | Total | ||||
| funds | funds | funds | ||||
| 2021 f |
2021 f |
2021 | ||||
| Charitable | activities | 139,637 | 278,240 | 417,877 | ||
| Total 2021 | 139,637 | 278,240 | 417,877 | |||
| 5. | Income from other trading | activities | ||||
| Income from fundraising | events | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2022 F |
2022f | |||||
| Fundraising | activities | 7,095 | 7,095 | |||
| Total 2022 | 7,095 | 7,095 | ||||
| Unrestncted | Total | |||||
| funds | funds | |||||
| 2021f | 202'If | |||||
| Fundraising | activities | 792 | 792 | |||
| Total 2021 | 792 | 792 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| E | |||||
| Bank | interest | 127 | 127 | ||
| Total | 2022 | 127 | 127 | ||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021 | 2021 | ||||
| 5 | |||||
| Bank | interest | 12 | 12 | ||
| Total | 2021 | 12 | 12 | ||
| 7. | Other | incoming | resources |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| 5 | |||
| Furlough | grant | 5,290 | 5,290 |
| Total 2021 | 5,290 | 5,290 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| E | 6 | |||
| Costs | ofraising voluntary | income | 34,416 | 34,416 |
| Total | 2022 | 34,416 | 34,416 |
| Restricted | Unrestricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 f |
2021 f |
2021f | |||
| Costs | of raising voluntary | income | 708 | 30,924 | 31,632 |
| Total | 2021 | 708 | 30,924 | 31,632 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | |||
| directly | costs | funds | |||
| 2022f | 2022 | 2022f | |||
| Project 1 - Basic Needs | 48,236 | 48,236 | |||
| Project 2 - Support | &Advocacy | 165,881 | 165,881 | ||
| Project 3 - Life Skills | 893 | 893 | |||
| Project 4- Health | &Wellbeing | 4,000 | 4,000 | ||
| Project 8 - Outreach | Support | 105,906 | 105,906 | ||
| Project 9 - Exiting | & | ISAV | 67,301 | 67,301 | |
| Core costs | 112,067 | 111,744 | 223,811 | ||
| Ttl2022 | 504,284 | 111,744 | 616,028 |
| Activities | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| undertaken | Suppori | Total | ||||||||
| directly | costs | Funds | ||||||||
| 2021f | 2021 | 2021 | ||||||||
| Project 1 -Basic Needs | 31,540 | 31,540 | ||||||||
| Project 2 - Support | &Advocacy | 135,614 | 135,614 | |||||||
| Project 3 - Life Skills | 1,020 | 1,020 | ||||||||
| Project 8 - Outreach | Support | 132,236 | 132,236 | |||||||
| Project 9 - Exiting 5 | ISAV | 74,951 | 74,951 | |||||||
| Project 10 | 13,974 | 13,974 | ||||||||
| Core costs | 140,617 | 95,720 | 236,337 | |||||||
| Total 2021 | 529,952 | 95,720 | 625,672 | |||||||
| Analysis ofsupport |
costs | |||||||||
| Total | Total | |||||||||
| funds | funds | |||||||||
| 2022 E |
2021f | |||||||||
| General office costs | 90,572 | 76,716 | ||||||||
| Legal end professional | fees | 6,475 | 6,612 | |||||||
| Governance costs |
14,697 | 12,392 | ||||||||
| 111,744 | 95,720 | |||||||||
| 10. | Independent examiner's |
remuneration | ||||||||
| 2022 E |
2021f | |||||||||
| Fees payable to the Company's examination ofthe Company's |
independent examiner for the independent annual accounts (2021 - auditor) |
3,000 | 9,720 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2022 F. |
2021f | ||||
| Wages and | salaries | 283,874 | 417,027 | ||
| Social security costs | 36,060 | 37,579 | |||
| Contribution | to defined | contribution | pension schemes | 21,666 | 21,993 |
| 341,600 | 476,599 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Staff | 14 |
| Office | Other fixed | ||
|---|---|---|---|
| equi pment 5 |
assets E |
Total | |
| Cost or valuation | |||
| At 1 January 2022 | 31,824 | 29,532 | 61,356 |
| At 31 December 2022 | 31,824 | 29,532 | 61,356 |
| Depreciation | |||
| At 1 January 2022 | 28,897 | 29,532 | 58,229 |
| Charge for the year | 1,515 | 1,515 | |
| At 31 December 2022 | 30,212 | 29,532 | 59,744 |
| Net book value | |||
| At 31 December 2022 | 1,612 | 1,612 | |
| Debtors | |||
| 2022 | 2021 | ||
| 5 | |||
| Due within one year | |||
| Trade debtors | 13,565 | 12,900 | |
| Other debtors | 777 | 76 | |
| Prepayments and accrued income |
38,486 | 20,307 | |
| 52,828 | 33,283 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | |||
| Trade creditors | 12,319 | 7,629 | |
| Other taxation and social security | 12 | 7,324 | |
| Other creditors | 9,203 | 11,893 | |
| Accruals and deferred | income | 7/66 | 65,296 |
| 29,000 | 92 144 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | |||||||||||
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 104,861 | 145,363 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||||
| January | December | |||||||
| 2022 | Income | Expenditure | 2022 | |||||
| 6 | E | E | E | |||||
| Unrestricted funds |
||||||||
| General Funds |
86,242 | 505,739 | (524,709) | 67,272 | ||||
| Restricted funds | ||||||||
| Core Costs/ Project 1 | —Basic needs: | |||||||
| Albert Hunt | 2,000 | (2,000) | ||||||
| Souter 2022 | 5,000 | (5,000) | ||||||
| London Catalyst | 1,500 | 1,500 | ||||||
| Project 2 —Support | 8 | Advocacy: | ||||||
| StAndrews of Holborn |
16,500 | (2,663) | 13,837 | |||||
| Ashden Trust |
20,000 | (20,000) | ||||||
| Comic Relief 1 | 12,000 | (12,000) | ||||||
| Tudor Trust No1 | 34,998 | (34,998) | ||||||
| Comic Relief 2 | 3,000 | (3,000) | ||||||
| Small Client Grants | 3,376 | (3,376) | ||||||
| Project 3 - Transition | 8 Life Skills: | |||||||
| Kew Garden | 885 | 885 | ||||||
| Project 4 —Health | & | Wellbeing: | Francis Crick | 4,000 | (4,000) | |||
| Project 8 - Outreach | Support: | |||||||
| Women and Girls Big |
Lottery | 69,828 | (38,223) | 31,605 | ||||
| Project 9 - Exiting & | ISVA: | |||||||
| CAP | 12,700 | 12,700 | ||||||
| NAT | 475 | (475) | ||||||
| Overall Services Support Funding: | ||||||||
| Women and Girls Big | Lottery | 2,501 | 2,501 | |||||
| 3,386 | 185,377 | (125,735) | 63,028 | |||||
| Total offunds | 89,628 | 691,118 | (650,444) | 130,300 |
| Statement offunds | - prior year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1JanuarTr | Transfers | Dcccmbcr | |||||
| 2021 6 |
Income E |
Expenditure f |
inlcut E |
2021 | |||
| Unrestricted funds |
|||||||
| Geneial Funds | 173,409 | 348,232 | (425,003) | (10,396) | 86,242 | ||
| Restricted funds | |||||||
| Project 2 - Support | & | ||||||
| Advocacy: | |||||||
| StAndrews of Holborn |
16,500 | (16,500) | |||||
| City Bridge Trust | 9,750 | (9,750) | |||||
| Charles Plater | 3,602 | (3,602) | |||||
| Society of Holy Child | Jesus | 18,052 | (18,052) | ||||
| Lloyds | 24,797 | (24,797) | |||||
| VSF Fund | 3,000 | (3,000) | |||||
| Comic Relief 1 | 15,000 | (15,000) | |||||
| Smallwood Trust |
16,964 | (24,859) | 7,895 | ||||
| Homeless Link December Fund |
17,896 | 20,630 | (38,526) | ||||
| Project 3-Transition | &Life | ||||||
| Skills: | |||||||
| Kew Garden | 885 | 885 | |||||
| Project 8 - Outreach | Support: | ||||||
| Women and Girls Big | Lottery | 63,857 | (66,358) | 2,501 | |||
| Project 9 - Exiting & ISVA: | |||||||
| Porticus Research | 9,858 | (9,858) | |||||
| Tudor Trust | 2,000 | (2000) | |||||
| Overall Services Support | |||||||
| Funding: | |||||||
| Women and Girls Big | Lottery | 2,501 | 2,501 | ||||
| 85,656 | 139,636 | (232,302) | 10,396 | 3,386 | |||
| Total offunds | 259,065 | 487,868 | (657,305) | 89,628 |
| Summary | offunds ~current yea |
r | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January | December | |||||
| 2022 | Income | Expenditure | 2022 | |||
| 5 | 6 | |||||
| General funds | 86,242 | 505,739 | (524,709) | 67,272 | ||
| Restricted | funds | 3,386 | 185,377 | (125,735) | 63,028 | |
| 89,628 | 691,116 | (650,444) | 130,300 | |||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | 31 | |||||
| 1January | Transfers | December | ||||
| 2021 | Income | Expenditure | inloui | 2021 | ||
| E | ||||||
| General funds | 173,409 | 348,232 | (425,003) | (10,396) | 86,242 | |
| Restricted | funds | 85,656 | 139,636 | (232,302) | 10,396 | 3,385 |
| 259,065 | 487,868 | (657,305) | 89,628 |
| Analysis | ofn | et assets between funds - curre | nt year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | |||
| F | 6 | ||||
| Tangible | fixed | assets | 1,611 | 1,611 | |
| Current | assets | 63,028 | 94,661 | 157.689 | |
| Creditors | due | within one year | (29,000) | (29,000) | |
| Total | 63,028 | 67,272 | 130,300 |
| Restricted | I)nrestncted | Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||||||
| 2021 | 2021 | 2021 | ||||||||||
| 6 | 6 | 6 | ||||||||||
| Tangible fixed | assets | 3,126 | 3,126 | |||||||||
| Current assets | 3,386 | 175,260 | 178,646 | |||||||||
| Creditors | due | within one year | (92,144) | (92, '/44) | ||||||||
| Total | 3,386 | 86,242 | 89,628 | |||||||||
| 20. | Reconciliation | of net movement | in funds to | net | cash flow | from operating | activities | |||||
| 2022 | 2021 | |||||||||||
| E | ||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of Financial | |||||
| Activities) | 40,672 | (169,436) | ||||||||||
| Adjustments | for: | |||||||||||
| Depreciation charges |
1,616 | 5,169 | ||||||||||
| Dividends, | interests and rents | from | investments | (127) | (12) | |||||||
| Increase | in debtors | (19,646) | (2,344) | |||||||||
| Decrease | in creditors | I63,144) | (725) | |||||||||
| Net cash | used in operating | activities | (40,629) | (167,348) | ||||||||
| 21. | Analysis | ofcash and cash equivalents | ||||||||||
| 2022 | 2021 | |||||||||||
| K | ||||||||||||
| Cash in hand | 104,861 | 145,363 | ||||||||||
| Total cash and cash equivalents | 104,861 | 145,363 |