| CONTENTS | |||
|---|---|---|---|
| Page | |||
| 1) Legal and Administrative | Information | ||
| 2) Trustees' Annual Report |
3-17 | ||
| 3) Independent Examiner's |
Report | ||
| 4) Statement of Financial Activities | 19 | ||
| Including Income and Expenditure |
Statement. | ||
| 5) Balance Sheet | 20 | ||
| 6) Notes to the accounts | 21-26 |
| Registered | charity | charity | Name | Name | Skills Enterprise | Ltd | |
|---|---|---|---|---|---|---|---|
| Charity Registration | Number | 1120254 | |||||
| Company | Registration | Number | 05988709 | ||||
| Registered | Office | Trinity Centre | |||||
| East Avenue | |||||||
| London | |||||||
| E126SG | |||||||
| Trustees | Mr M SAbdeen | ||||||
| Mr G D Kulothungan | |||||||
| Mr A 3 Marri | |||||||
| Mr BRajendran | |||||||
| Mr A M Zackaria | |||||||
| Independent | examiner | Brian Dexter ACMA, CGMA. | |||||
| 172Sandford | Road | ||||||
| East Ham | |||||||
| London | |||||||
| E63PX | |||||||
| Bankers | HSBC Bank pic | ||||||
| 118High Street | North | ||||||
| London | |||||||
| E62HX |
| Unrestricted | Unrestricted | Restricted | Restricted | Total | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | 2023 | 2022 | ||||||
| Income and En | owments from | |||||||||
| Grants, Donations and Legacies |
z | f | 6,437 | f | 171,591 | f | 178,028 | f | 141,082 | |
| Total Incoming | Resources | ~84 7 | ~f271 91 | f | 178028 | f | 141082 | |||
| end r on: |
||||||||||
| Raising Funds | f | 0 | f | 0 | f | 0 | f | 0 | ||
| Charitable activities |
||||||||||
| Training activities | f | 1,932 | f | 166,181 | f | 16&,113 | f | 135,456 | ||
| Total costofCharitable activities |
f | 1,932 | f | 166,181 | f | 168,113 | f | 135,456 | ||
| Other costs | f | 573 | f | 960 | f | 1,533 | f | 2,243 | ||
| Total resources | expended | f | 2,505 | f | 167,141 | f | 169,646 | f | 137,699 | |
| Net movement | in funds(before | Transfers) | f | 3,932 | f | 4,450 | f | 8,382 | f | 3,383 |
| Transfers between funds | f | - | f | - | f | - | f | |||
| Net movement | in funds | 1 | 8982 | f | 44M | f | 8882 | f | 8988 | |
| Reconciliation | of Funds: | |||||||||
| Fund balances | 1"April 2022 | f | 66,948 | f | 78,270 | f | 145,218 | f | 141,835 | |
| Fund balances | 31stMarch 2023 |
| BALANCE SHEET | ||||||||
|---|---|---|---|---|---|---|---|---|
| AS AT31MARCH | 2023 | |||||||
| Note | 2023 | 2022 | ||||||
| Rxed Assets | ||||||||
| Tangible Fixed Assets |
E | 1011 | E | 1548 | ||||
| Current Assets | ||||||||
| Debtors &Prepayments | f | 0 | ||||||
| Cash at bank or in hand | E | 181616 | ||||||
| f | 181,616 | F | 176,064 | |||||
| Creditors: amounts | due within | |||||||
| One year | 7 | E | 29027 | 4 | $2194 | |||
| Net Current Assets | 6 | 152589 | E | 148871 | ||||
| Creditors: amounts | falling due | after | ||||||
| more than one | year. | f | ||||||
| Net Assets | kLik499 | |||||||
| Income Funds | ||||||||
| Restricted Funds |
E | 82,720 | E | 78,270 | ||||
| General Funds |
E | 70 880 | E | 66948 | ||||
| Total Funds |
| OR | THE YEAR ENDED 3 | THE YEAR ENDED 3 | 1stMarch 20 | 23. | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2. | Voluntary Income |
|||||||||||
| Current Year | Unrestricted | Restricted | Total | Total | ||||||||
| Funds | Funds | 2023 | 2022 | |||||||||
| Donations, Grants and |
Legacies | |||||||||||
| General Funds | ||||||||||||
| UCL | 1,872 | f | 1&72 | f | ||||||||
| Power Bar | f | f | E | 100 | ||||||||
| HMRC | f | 4,490 | 510 | f | 5,000 | E | 4,000 | |||||
| Birbeck College | E | 75 | f | 75 | f | |||||||
| StMary's University | f | 1,250 | ||||||||||
| Employment Support |
||||||||||||
| PTCColours | E | - | f | - | f | - | f | 4,611 | ||||
| Gty Bridge Trust | f | E | 7,585 | f | 7,585 | f | 41,208 | |||||
| fSFGroundwork | E | - | f | 14,670 | f | 14,670 | f | 1,711 | ||||
| Welfare Guidance | ||||||||||||
| The National Lottery |
E | E | 29,480 | f | 29,4SO | f | ||||||
| EUSS | E | E | 852 | f | 852 | f | 3,000 | |||||
| Skills Development | ||||||||||||
| Good Things Foundation | E | 810 | E | 810 | f | 8,603 | ||||||
| London Borough of | Newham | f | 16,850 | f | 16,850 | f | 20,650 | |||||
| Magpie Project | E | f | 670 | |||||||||
| Community Cohesion |
||||||||||||
| Newham Community |
Renewal | f | 5,429 | |||||||||
| Plaistow South BigLocal | f | 280 | ||||||||||
| Volunteers and Support |
||||||||||||
| Lloyds Foundation | E | E | 170 | |||||||||
| Multiple categories | ||||||||||||
| Bulldog Trust | f | E | f | 15,000 | ||||||||
| Alternatives Trust |
E | E | 1,365 | E | 1,365 | f | ||||||
| London Community | Foundation | E | E | 43,115 | E | 43,115 | f | |||||
| Trust For London | f | E | 26,700 | f | 26,700 | f | ||||||
| Royal Docks | f | f | 11,000 | E | 11,000 | f | ||||||
| Higgins construction | E | E | 2,294 | f | 2,294 | f | ||||||
| New Philanthropy | E | E | 10,000 | f | 10,000 | f | ||||||
| Foundation Future |
E | 3,000 | f | 3,000 | f | |||||||
| Compost London | E | 500 | f | 500 | f | |||||||
| Bonny Downs Church | f | f | 280 | f | 280 | f | ||||||
| Virgin Media/02 | E | E | 330 | f | 330 | f | ||||||
| Lloyds Foundation | E | E | 2,250 | 2,250 | f | 30,000 | ||||||
| Locality | f | E | 4 | 400. | ||||||||
| Total | kJ8@@ |
| Voluntary Income |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| Prior Year. | Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | 2022 | 2021 | ||||||
| Donations, Grants and Legacies | |||||||||
| General Funds | |||||||||
| Bonny Downs Baptist | Church | E | E | 7,400 | |||||
| Onyx | f | E | 2,083 | ||||||
| Certsure LLP |
f | f | f | f | 413 | ||||
| Power Bar | E | 100 | f | f | 100 | f | |||
| HMRC | E | 1,926 | f | 2,074 | f | 4,000 | f | ||
| StMary's University | E | 1,250 | f | 1,250 | E | ||||
| Employment Support |
|||||||||
| East End Community | Foundation | f | f | f | 14,471 | ||||
| PTCColours | f | E | 4,611 | E | 4,611 | 24,842 | |||
| City Bridge Trust | f | E | 41,208 | E | 41,208 | 25,100 | |||
| ESFGroundwork | E | 1,711 | f | 1,711 | 5,379 | ||||
| Welfare Guidance | |||||||||
| The National Lottery |
f | f | f | f | 44,047 | ||||
| BDCA | f | f | E | 15,759 | |||||
| NEWway | E | f | E | 2,817 | |||||
| CAF | f | f | E | 13,790 | |||||
| EUSS | f | f | 3,000 | f | 3,000 | f | |||
| Skills Development | |||||||||
| Good Things Foundation | E | 8,603 | f | 8,603 | E | 29,825 | |||
| London Borough ofNewham | E | 20,650 | E | 20,650 | E | 13,024 | |||
| Magpie Project | E | 670 | E | 670 | E | ||||
| Community Cohesion |
|||||||||
| The Charities Trust | f | f | 5,000 | ||||||
| Newham Community |
Renewal | f | 5,429 | 5,429 | f | ||||
| Plaistow South Big Local | E | 280 | f | 280 | |||||
| Volunteers and Support |
|||||||||
| Lloyds Foundation | 170 | f | 170 | 14,468 | |||||
| Multiple categories | |||||||||
| Bulldog Trust | f | E | 15,000 | f | 15,000 | f | 15,000 | ||
| Uoyds Foundation | f | f | 30,000 | f | 30,000 | f | 20,000 | ||
| Lifeline Community | f | 4400 | L | 4400 | f | ||||
| Total | QQ 9Q |
| Other Costs | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||
| Funds | Funds | 2023 | 2022 | |||||||
| Governance: | Independent | Exam | E | 250 | f 0 |
E | 250 | E | 250 | |
| Bank Charges | E | 63 | f 0 |
f | 63 | E | 15 | |||
| Insurance | f | E 960 |
960 | E | 1,068 | |||||
| Accountancy Fees Total Governance |
costs | E | 260 | f 0 ~E, |
f | 260 | E | 910 |
| 5. Tangible Fixed Assets |
5. Tangible Fixed Assets |
Fixtures | Fixtures | Computer | Computer | Total | Total | |
|---|---|---|---|---|---|---|---|---|
| L | Fittings | Equipment | ||||||
| Cost | ||||||||
| As at 1"April 2022 | E | 330 | E | 15,254 | f | 15,584 | ||
| Additions | f | 0 | f | 0 | f | 0 | ||
| Disposals | E | 0 | f | 0 | f | 0 | ||
| As at 31st | March 2023 | E | 330 | E | 15254 | E15584 | ||
| Accumulated | Depreciation | |||||||
| As at 1"April 2022 | E | 308 | E | 13,929 | f14,237 | |||
| Charge for | year | f | 10 | f | 327 | f | 337 | |
| On disposals | f | 0 | f | 0 | E | 0 | ||
| As at 31st | March 2023 | f | 318 | f | 14256 | E14 | 574 |
| 6. | Creditors- Amounts | falling due within one year | 2023 | 2022 |
|---|---|---|---|---|
| Deferred Income | f 4,643 | f 4,643 |
||
| Taxation and social | security | f 555 |
f 921 |
|
| Trade Creditors and | Accruals | 623829 | 6 26630 | |
| Total | 42KQRZ | MME |
| Balance | Balance | Income | Income | Outgoing Funds |
Outgoing Funds |
Balance at | |
|---|---|---|---|---|---|---|---|
| Current Year | 1"April 22 | Resources | resources Transfers |
31March 23 | |||
| Employment Support |
4,091 | f | 62,150 | f | 39,363 | f 26,878 | |
| Welfare Guidance | f | 9,390 | f | 27,553 | f | 18,275 | f 18,668 |
| Skills Development | f | 36,317 | f | 50,264 | f | 61,733 | f 24,848 |
| Community Cohesion |
f | f | 10,500 | f | 10,500 | f | |
| Volunteering Support |
f | 10,000 | 1,604 | f 8,396 |
|||
| Old People | f | f | 7,584 | f | 4,003 | f 3,582 |
|
| Multiple Strands | f | 28472 | f | 3540 | 31 63 | f 349 |
|
| Prior Year | Balance | Income | Outgoing Funds |
Balance at | |||
| 1"April 21 | Resources | resources Transfers |
31March 22 | ||||
| Employment Support |
f | 5,414 | f | 47,530 | f | 48,853 | f 4,091 |
| Welfare Guidance | f | 15,834 | f | 3,000 | f | 9,444 | f 9,390 |
| Skills Development | f | 28,641 | f | 29,823 | f | 22,147 | f36,317 |
| Community Cohesion |
285 | 5,709 | f | 5,994 | f | ||
| Volunteering Support |
f | 170 | f | 170 | |||
| Young People | f | 6,459 | f | f | 6,459 | ||
| Old People | f | f | f | f | |||
| Multiple Strands | f | 18940 | f | 51574 | f | 42 042 | f 28472 |
| Analysis | ofnet | assets betw | een funds | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Restricted | Funds | Total | |||
| Tangible | Fixed | Assets | E 1,011 |
E | E 1,011 |
||
| Current | Assets | f 70,379 | E 111,237 | f181,616 | |||
| Creditors | ~f510 | ~f28 517 | ~f29027 | ||||
| Total | ~2M |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Gross Salaries | E | 122,417 | E | 95,378 |
| ER NIC | E | 9,392 | E | 6,641 |
| ERPension costs | E | 1899 | E | 1722 |
| Total | E | 133,708 | E | 103,741 |