| 2022 | 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Unrestricted | Restricted | Total | Total | ||||
| INCOME AND EXPENDITURE | |||||||
| INCOME: | |||||||
| Donations, grants |
|||||||
| and legacies | 1,045 | 65,183 | 66,228 | 212,353 | |||
| Income from charitable | activities: | ||||||
| Membership fees |
5,989 | 5,989 | 4,299 | ||||
| Training &consultancy Sales |
fees | 21,167 270 |
21,167 270 |
7,485 | |||
| Access to work | 9,123 | 9123 | 1,844 | ||||
| 36,549 | 36,549 | 13,628 | |||||
| Investmentincome | (bank | interest) | 27 | ||||
| Other income | |||||||
| Total Income | 37621 | 65,183 | 102,804 | 226,037 | |||
| EXPENDITURE: | |||||||
| Expenditure on charitable |
activities | ||||||
| Capacity building and campaigning |
31,074 | 131,105 | 162,179 | 207,918 | |||
| Total expenditure | 4 | 31,074 | 131,105 | 162,179 | 207,918 | ||
| Net income/(expenditure) | 6,547 | (65,922) | (59,375) | 18,119 | |||
| Transfers between |
funds | ||||||
| Net movement in funds |
6,547 | (65,922) | (59,375) | 18,119 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 93,133 | 115,848 | 208,981 | 190,862 | ||
| Total funds carried | forward | 99,680 | 49,926 | 149606 | 208981 |
| Total funds | Total funds | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Cash used in operating | activities | (27,288) | 381 | |||
| Cash flows from investing activities: |
||||||
| Purchase of intangible | fixed assets | |||||
| Purchase oftangible | fixed assets | |||||
| Increase/(decrease) in |
cash &cash equivalents | (27,288) | 381 | |||
| Cash &cash equivalents at beginning |
ofyear | 208,244 | 207,863 | |||
| Cash &cash equivalents at end |
ofyear | 180,956 | 208,244 | |||
| Reconciliation ofnetincome/ex |
enditure | tonetcashflowfromo | ratin activities |
|||
| Net income/(expenditure) | for the | reporting | period | |||
| (as per the statement offinancial |
activities) | (59,375) | 18,120 | |||
| Adjustments for. |
||||||
| Depreciation charges |
502 | 717 | ||||
| (Increase)/decrease in |
debtors | 1,570 | (7,068) | |||
| Increase/(decrease) in |
creditors | 30,015 | (11,388) | |||
| 27,288 | 381 |
| Resources expended are allocated to the particular activity where the cost relates |
Resources expended are allocated to the particular activity where the cost relates |
Resources expended are allocated to the particular activity where the cost relates |
|
|---|---|---|---|
| directly to that activity. | |||
| Support costs are those functions that assist the work ofthe charity but do not | |||
| directly undertake charitable activities. Support costs include the office costs ofthe |
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| charity which support the charity's activities. Support costs have been allocated |
on | ||
| the basis set out in note 7. | |||
| Irrecoverable VAT is charged as a cost against the activity for which the expenditure |
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| was incurred. | |||
| e) | Intangible Fixed Assets and Depreciation |
||
| Amortisation is calculated to write-off the cost of intangible fixed assets over their |
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| estimated useful lives using the following rates: |
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| Website -33.33%reducing balance |
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| Tangible Fixed Assets and Depreciation | |||
| All assets costing more than 8250 are capitalised and included at cost. |
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| Depreciation is calculated to write offthe cost offixed assets over their estimated |
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| useful lives using the following rates: |
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| Office Equipment -25% reducing balance |
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| g) | Debtors | ||
| Trade and other debtors are recognised at the settlement amount due after any |
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| trade discount offered. Prepayments are valued at the amount prepaid net ofany |
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| trade discounts due, |
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| h) | Creditors | ||
| Creditors and provisions are recognised where the charity has a present obligation |
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| resulting from a past event that will probably result in the transfer offunds to a |
third | ||
| party and the amount due to settle the obligation can be measured or estimated |
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| reliably. Creditors and provisions are normally recognised at their settlement amount |
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| after allowing for any trade discounts due. |
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| Pension costs | |||
| The charity contributed to a defined contribution pension scheme. The employer |
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| contributions made by the charity are treated as an expense and are disclosed |
in | ||
| note 5 to the accounts. | |||
| Operating leases |
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| The charity classifiies the lease ofits operational premises as an operating lease. |
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| Rental charges are charged on a straight line basis over the term ofthe lease. |
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| k) | Fund accounting | ||
| Funds held by the company are: | |||
| Unrestricted general funds - these are funds which can be used in accordance |
with | ||
| the charitable objects at the discretion ofthe Council. | |||
| Unrestricted designated funds - these funds are unrestricted funds which the |
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| Council have earmarked for a specific purpose to help the charity achieve its |
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| charitable objects. | |||
| Restricted funds - these are funds that can only be used for particular purposes |
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| within the charitable objects ofthe company. Restrictions arise when specified |
by the | ||
| donor or when funds are raised for restricted purposes. |
| 2021 | 2021 | 2021 | |||
|---|---|---|---|---|---|
| Unrestrict. | Restricted | Total | |||
| f. | |||||
| INCOME: | |||||
| Donations, grants and legacies |
2,311 | 210,042 | 212,353 | ||
| income from charitabie | activities; | ||||
| Membership fees |
4,299 | 4,299 | |||
| Training &consultancy fees |
7,485 | 7,485 | |||
| Sales | |||||
| Access to work | 1,844 | 1,844 | |||
| Production of'Inclusion |
Now' | ||||
| 13,628 | 13,628 | ||||
| investment income (Bankinterest) |
56 | 56 | |||
| Other income | |||||
| Total Income | 15,995 | 210,042 | 226,037 | ||
| EXPENDITURE: | |||||
| Expenditure on charitabie activities |
|||||
| Capacity building and campaigning |
6,267 | 201,651 | 207,918 | ||
| Total expenditure | 6,267 | 201,651 | 207,918 | ||
| Net income/(expenditure) | 9,728 | 8,391 | 18,119 | ||
| Transfers between funds |
|||||
| Net movement in funds |
9,728 | 8391 | 18,119 | ||
| 3 | DONATIONS, GRANTS |
AND LEGACIES | |||
| Unrestrict.f | Restricted | Total 2022 E |
2021 | ||
| City Bridge Trust | 55,300 | 55,300 | 54,400 | ||
| City Bridge Trust Additional | 13,600 | ||||
| Centre for Knowledge | 4,000 | 4,000 | |||
| Esmhe Fairbaim | 50,000 | ||||
| Esmbe Fairbaim Additional |
25,000 | ||||
| The National Lottery |
|||||
| Community Fund (NLCF) |
47,934 | ||||
| The London Community | |||||
| Foundation (COVID-19) |
9,992 | ||||
| Disability Action (NET) | 5,883 | 5,883 | 9,116 | ||
| Donations | 1,045 | 1 045 | 2,311 | ||
| 1 045 | 65,183 | 66,228 | 212,353 |
| 4 | TOTAL EXPENDITURE | TOTAL EXPENDITURE | Staff | Direct 8 | Direct 8 | Support | Support | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| costs | project cosh | costs | 2022 | 2021 | |||||||||
| f. | |||||||||||||
| Capacity building | |||||||||||||
| and campaigning | 126824 | 17 | 848 | 17,507 | 162,179 | 207,918 | |||||||
| 5 | STAFF COSTS | 2022 | 2021 | ||||||||||
| Staff Salaries | 111,188 | 106,672 | |||||||||||
| Social Security Costs | 5,659 | 3,869 | |||||||||||
| Pension Contributions |
3,216 | 8,072 | |||||||||||
| Access to Work | 5,901 | 7,073 | |||||||||||
| Freelance 8 Agency | staff | ||||||||||||
| Volunteer &Secretarial |
expenses | 860 | 115 | ||||||||||
| 126,824 | 125,801 | ||||||||||||
| No remuneration was paid to |
the trustees. The | trustees | incurred | anil | ofexpenses | during | |||||||
| the year (2021:&nil). No | employees | earned over 860,000(2021:nil). | The average number | ||||||||||
| ofemployees during |
the | year | was | 7 | (2021 - 7). | The key | management | personnel | ofthe | ||||
| charity comprise the trustees and the Chief Executive Officer. The total employee ofthe key management personnel ofthe charity were 829,911(2021:f30,723). |
benefits | ||||||||||||
| 6 | DIRECT COSTS &PROJECT COSTS | 2022 | 2021 | ||||||||||
| Access Costs | 4,331 | 3,337 | |||||||||||
| Staff Training and Expenses | 2,036 | 3,049 | |||||||||||
| Events &Conferences | 1,416 | 1,561 | |||||||||||
| Audit, bookkeeping, | and-professional | fees | 5,037 | 6,816 | |||||||||
| Training &Consultancy |
4,723 | 45,568 | |||||||||||
| Marketing 8 Publicity |
305 | ||||||||||||
| 17,848 | 60,331 | ||||||||||||
| 7 | SUPPORT COSTS | 2022 | 2021 | ||||||||||
| Premises Costs | 8,177 | 9,022 | |||||||||||
| IT Support | 2,555 | 4,560 | |||||||||||
| Office Equipment | 1,503 | 2,013 | |||||||||||
| Insurance | 527 | 826 | |||||||||||
| Post, Printing and Stationery |
1,387 | 1,357 | |||||||||||
| Telephone and Fax |
1,205 | 758 | |||||||||||
| Software and Minor | equipment | 131 | 1,142 | ||||||||||
| Publications and Subscriptions |
1,392 | 1,285 | |||||||||||
| Bank Charges | 127 | 105 | |||||||||||
| Depreciation | 203 | 270 | |||||||||||
| Amortisation | 300 | 448 | |||||||||||
| 17507 | 21,786 |
| 8 | NET INCOME/{EXPENDITURE) | NET INCOME/{EXPENDITURE) | FOR THE YEAR | 2022 | 2021 |
|---|---|---|---|---|---|
| This is stated | after charging: | ||||
| independent | examiner's fees: |
||||
| Independent | examination | 1,680 | 1,600 | ||
| Accountancy | 1,257 | 5,216 | |||
| Staff training | 1,800 | ||||
| Depreciation | and amortisation | 502 | 718 | ||
| 1,759 | 5,934 |
| 10 | INTANGIBLE | FIXEDASSETS | Website | |
| Cost | ||||
| 01-Apr-21 and at 31-Mar-22 | 4,578 | |||
| Amortisation | ||||
| 01-Apr-21 | 3,66S | |||
| Charge for the year | 300 | |||
| 31-Mar-22 | 3,969 | |||
| Net Book Value | ||||
| 31-Mar-22 | 609 | |||
| 31-Mar-21 | 909 | |||
| 11 | TANGIBLE FIXEDASSETS | Office | ||
| Equipment | ||||
| Cost | ||||
| 01-Apr-21 | 9,083 | |||
| Additions | ||||
| 31-Mar-22 | 9,083 | |||
| Depreciation | ||||
| 01-Apr-21 | 8,275 | |||
| Charge for the year | 202 | |||
| 31-Mar-22 | 8,477 | |||
| Net Book Value | ||||
| 31-Mar-22 | 606 | |||
| 31-Mar-21 | 808 | |||
| 2022 | 2021 | |||
| 12 | DEBTORS | f. | R | |
| Trade debtors | 3,695 | |||
| Prepayments | 8 accrued income | 2,553 | 7,818 | |
| 6248 | 7,818 |
| Bal 01/04/21 | Income f |
Expend. | Transfers | 31/03/2022 | |||
|---|---|---|---|---|---|---|---|
| Designated Funds |
|||||||
| Training | and consulting | 17,473 | 1,800 | 15,673 | |||
| Unrestricted General Reservec- |
93,133 | 20,148 | 29,274 | 84,007 | |||
| 93,133 | 37,621 | 31,074 | 99680 | ||||
| 17 | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||||
| General | Designated | Restricted | Total | ||||
| Fund | Fund | Funds | Funds | ||||
| f | |||||||
| Intangible | fixed assets | 609 | 609 | ||||
| Tangible | fixed assets | 606 | 606 | ||||
| Cash at bank and in hand |
85,357 | 15,673 | 79,926 | 180,956 | |||
| Other net current assets/(liabilities) | 2,565 | 30,000 | 32,565 | ||||
| 84,007 | 15,673 | 49,926 | 149,606 |