##
||Reference and administrative|Reference and administrative|Reference and administrative|Reference and administrative|details|ofthe charity, its trustees and advisers|
|---|---|---|---|---|---|---|
||||forthe|year ended||31 December 2020|
|Trustees|||||||
||||Christopher
Gilbert, Chair||||
||||Anthony
Dowle||||
||||Timothy
Hammett||||
||||Raise Hassan||||
||||Catherine
Seddon||||
|Chief Executive Officer|||Brett Parker||||
|Registered|Company|Number|05848363||||
|Registered|Charity Number||1124524||||
|Registered|Office||143Coppetts|Road|||
||||London||||
||||N10 1JP||||
|Independent|Auditors||Williams
Giles|Professional||Services Ltd|
||||Chartered
Accountants||||
||||12Conqueror|Court|||
||||Siitingbourne||||
||||Kent||||
||||ME10 5BH||||
|Bankers|||Barclays Bank|pic|||
||||223 Muswell
Hill Broadway||||
||||London||||
||||N10 1DD||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||Discontinued|activities|Continued|activities|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||||||funds|funds|funds|funds|funds|funds|
||||||||2020|2020|2020|2020|2020|20f9|
|||||||Note|8|8|8||8||
|Income from:|||||||||||||
|Donations
and capital grants||||||2|||144,451|40,033|184,484|268,655|
|Other income (ind.||Covid-19||gov grr||2,3|||244,651||244,651||
|Trading
activities||||||3|||144,675||144,675|179,B75|
|Other activities to generate|||funds|||4||||||60,024|
|Charitable
activities||||||5|||22,436||22/36|143,423|
|Gain on sale of land||||||6||||||1,249,418|
|Investments||||||7|||1,506||1,506||
|Total income|||||||||557,719|40,033|597,752|1,901,395|
|Expenditure
on:|||||||||||||
|Raising funds|||||||||408,897||408,897|439,648|
|Charitable
activities|||||||||666,843|42,218|709,061|750,1B5|
|Other expenditure||||||||||15,043|25,043||
|Cuber expenditure:|prepayments||||on||||||||
|discontinued
project||written|off||||||||||
|Total expenditure|||||||||1,075,740|57,261|1,133,001|1,189,833|
|Net income I(expenditure)||||before|||||||||
|other gains and losses|||||||||(518,021)|(17,228)|(535,249)|711,562|
|Net movement
in funds|||||||||(518,021)|(17,228)|(535,249)|711,562|
|Reconciliation
offunds:|||||||||||||
|Total funds brought||forward|||||(231,283)||2,372,952|37,596|2,179,265|1,467,703|
|Total funds carried||forward|||||(231,283)||1,854,931|20,368|1,644,015|2,179,265|
##
||||||"Ji"||Continued|activities|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|funds|funds|
||||||2020|2020|2020|2020|2020|2019|
|||||Note|6|||6|8|6|
|Income from:|||||||||||
|Donafions and capital grants|||||||144,451|40,033|184,484|268,655|
|Other income gnd.|Covid-19|gov grant)|||||151,598||151,598||
|Donafion ofprofits|from trading||subsidiary||||||||
|Activities to generate
funds||||||||||60,024|
|Charitable
activifies|||||||22,436||22,436|143,423|
|Gain on sale oftend||||||||||1,249,41S|
|Investirieilts|||||||5,562||5,562|4,294|
|Total income|||||||324,047|40,033|364,080|1,725,814|
|Expenditure
on:|||||||||||
|Raising funds||||8,9|||168,293||168,293|163,394|
|Charitable
activities||||8,9|||666,843|42,218|709,061|750,185|
|Other expenditure||||8, 9||||15,043|||
|Other expenditure:|prepayments||on||||||||
|discontinued
project written off|||||||||||
|Total expenditure|||||||S35,136|57,261|S92,397|913,579|
|Net income I
(expenditure)||before other|||||||||
|gains and losses|||||||(511,089)|(17,228)|(52$,317)|812,235|
|Net movement
In funds|||||||(511,089)|(17,228)|(528,317)|812,235|
|Reconciliation
offunds:|||||||||||
|Total funds brougM|forward||||(231,283)||2,524,875|37,596|2,331,1881,518,953||
|Total funds carried|forward||||(231,283)||2,013,786|20,36S|1,802,871|2,331,188|
##
|||||Consol-|Consol-|||
|---|---|---|---|---|---|---|---|
|||||Idated|(dated|Charity|Chadty|
|||||2020|2019|2020|2019|
||||Not»|8|Z|8||
|Fixed assets||||||||
|Tangible assets|||12|1,175,216|1,174,491|1,170/90|1,167,423|
|||||1,175,216|1,174,491|1,170,490|1,167,423|
|Current assets||||||||
|Debtors|||13|29,706|52,568|187,262|230,022|
|Prepayments|and acrued income||13|42,083|34,131|23,42$|7,769|
|Cash at bank|and in|hand||486,785|1,009,550|473,369|978,620|
|||||558,074|1,096,249|6&4,059|1,216,411|
|Creditors: amounts||falling due within one||||||
|year|||14|l70,608)|(72,809)|l51,678)|(52,646J|
|Net current assets||||487,466|1,023,440|632,381|1,163,765|
|Total assets|less current liabilities|||1g662g682|2197931|1s&02s871|23311$$|
|Creditors: amounts
than one year||falling due after more||l18,667)|(18,667)|||
|Net assets|||17|1,644,015|2,179,264|1,802,$71|2,331,188|
|Charity funds||||||||
|Restricted funds
Unrestricted
funds|||15
15|20,368
1,623,647|37,596
20,368
2,141,6681,782,503||37,596
2,293,592|
|Total funds||||1s644,015|2,179,265|1,802,871|2,331,188|
##
|||||Total funds|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||E|6|
|Cash flows from operating
activities:|||||||
|Net cash provided
by (used in) operating|activities|||(464,852)||(650,227)|
|Cash flows from investing
activities:|||||||
|Purchase of property,
plant and equipment|||||(57,913)|(35,658)|
|Proceeds from sale ofproperty,
plant and equipment||||||1,660,000|
|Net cash provided
by (used in) investing|activities||||(57,913)|1,624,342|
|Loans over 12months taken out l(repaid)||||||(100,000)|
|Rent deposit over 12months
received|||||18,667|18,667|
|Change
in cash and cash equivalents
in the reporting|||period|(504,098)||892,782|
|Cash and cash equivalents
at the beginning||of||1,009,550||116,448|
|the reporting
period|||||||
|Cash and cash equivalents
at the end ofthe reporting|||period||486,785|1,009,550|
|Reconciliation
ofnet income/(expenditure)||to net cash flow from||operating|activities||
|Net income/(expenditure)
forthe reporting||period|||||
|(as per the statement offinancial activities)||||(535,249)||711,562|
|Adjustments
for:|||||||
|Depreciation
charges|||||57,188|55,527|
|Income from sale of leasehold
facilities||||||(60,000)|
|Gain on sale offreehold
land||||||(1,249,418)|
|The notes on pages 19lo 32form part ofthese financial statements.|||||15,410|(30,218)|
|(Decrease)fincrease
in creditors|||||(2,201)|(77,680)|
|Net cash used in operating
activities||||(464,852)||(650,227)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds|
|||||2020|2020||2020|2019|
|Group and Charity||||6||f|6||
|Donations
from trusts and foundations||||121,764|40,033||161,797|222403|
|Donations
from companies||||200|||200|20,021|
|Donations
from individuals||||22,487|||22,487|26,231|
|Grants income (Covid-19grant)||||151,598|||151,598||
|||||296,049|40,033||336,082|268,655|
|Group and Charity|2019|||225,655|43,000||266,655||
|All ofthe above income was received|||by the charity so the group snd charity tables|||are|identical.||
|Income and expenditure||from|trading|activities|||||
|||||Unrestricted|Restricted||Total|Total|
|||||funds|funds||funds|funds|
|||||2020|2020||2020|2019|
|Group||||6|||6|f|
|Trading income|||||||||
|Sale ofgood in charity shops||||144,675|||144,675|155,079|
|Commission
for sale|of Niollii suits|||||||2024|
|Other income||||||||22 772|
|Covid-19gov grant||||93,053|||93,053||
|||||237,728|||237,728|179,875|
|Trading expenditure|||||||||
|Salaries and National|Insurance|||88,318|||88,318|51,609|
|Rent ofretail shops||||124,211|||124,211|128,701|
|Other expenses||||29,284|||29,284|90,652|
|Depreciation
on tangible fixed assets||||2,847|||2,847|5,292|
|||||244,660|||244,660|276,254|
|Net Income/(loss)
from trading||activities||(6,932)|||(6,932)|(96,379)|
|Net income/(loss)
from trading||activities 2019||(96,379)|||(96,379)||
##
##
##
|Income from other|acti|vities|to generat|e funds||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Torsi|
|||||funds|funds|funds|funds|
|||||2020|2020|2020|2019|
|Group and Charity||||8||8||
|Sale ofleasehold facilities|||||||50,000|
|Sale ofleasehold
facilities 2019||||6O,OOO||||
|Merchandise
fundraising||||||||
|Sale ofChristmas
cards|||||||24|
||||||||24|
|Merchandise
fundraislng|2019|||||24||
|All ofthe above income was received|||by the charity sothe group and charity tables are|||identical.||
|Income from charitable||activities||||||
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2020|2020|2020|2019|
|Group and Charity||||8|8|8||
|Primary special school|||||||115,173|
|Early intervention
and sessional services||||22,436|||28,250|
|Income from charitable|activities|||22,436||22,436|143,423|
|Income from charitable|activities 2019|||143,423||143,423||
##
##
##
##
##
|7|.Investment
in||c|ome||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restdcted|Total|Total|
|||||||funds|funds|funds|funds|
|||||||2020|2020|2020|2019|
||Group||||||f|6|f|
||Bank interest|||||1,506||1,506||
||Loan interest|||||||||
||Loan interest 2019|||||||||
||Charity|||||||||
||Dividend
income from investments|||||||||
||Bank interest|||||1,506||1,506||
||Intercompany
loan||interest|||4,056||4,056|4,294|
||Investmentlncome|||2020||5,562||5,562|4,294|
||Investment
income|||2019||4,294||4,294||
|8.|Expenditure
analysis||||by function|and type offunding||||
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
|||||||2020|2020|2020|2019|
||Raising funds|||||6|6|||
||Donations,
legacies|||and capital grants||168,293||168,293|158,147|
||Trading activities|||||240,604||240,604|276,254|
||Other activities to|generate funds|||||||5,247|
|||||||408,897||408,897|439,648|
||Charitable
activities|||||||||
||Primary special school||||||||346,456|
||Early intervention|and sessional services||||657,257|42,216|699,475|336,691|
||Parents information|||project|||||8,540|
||Charity governance|||||9,586||9,586|58,498|
|||||||666,843|42,218|709,061|T50,185|
||Other expenditure|||||||||
||Capital project and||campaign||||15,043|15,043||
||Total expenditure||-|Group||1,075,740|57,261|1,133,001|1,189,833|
||Total expenditure||-|Charity||835,136|57,261|892,397|913,579|
##
##
|Expenditure
analysis|ofdirect a|nd support|costs||||
|---|---|---|---|---|---|---|
||Cost of|Cost of|||||
||raising|charitable||Support|||
||funds|activities|Other costs|costs|Total 2020|Total 2019|
|Group|6|6|6|6|6||
|Staff costs (charity)|82,082|287,233|6,616|288,820|664,751|641,105|
|Staff costs (trading)*|88,318||||88,318|51,609|
|Other trading costs*|148,286||||148,286|223,145|
|School direct costs||||||38,730|
|Other service costs||31,778|||31,778|18,708|
|Fundraising
-voluntary|24,189||||24,189|17,693|
|Fundraising
-events|||||0|5,247|
|Running
capital project|||4,933||4,933||
|Capital project write-off|||||||
|Investment
management||||78|78||
|Audit|4,000|6,600|||10,600|9,660|
|Other governance
costs||1,081|||1,081|41,559|
|Communications||||5,766|5,766|3,415|
|Depreciation||||54,523|54,523|50,235|
|Premises, office & IT||||56,962|56,962|64,172|
|Management
&HR||||39,346|39,346|19,644|
|Financial administration||||2,390|2,390|4,901|
||346,875|326,692|11,549|447,885|1,133,001|1,189,833|
|Support costs|62,.022|382,369|3,494|-447,885|||
|Total expenditure
2020|408,897|709,061|15,043||1,133,001|1,189,833|
|Total expenditure
2019|439,648|750,185|||1,189,833||
##
##
|.Net incomi|ng
resources/(reso|ng
resources/(reso|ng
resources/(reso|urc|es
ex|pend|ed|)||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|This is stated|after charging:|||||||||||
|||||||||Group|Group|Charity|Chanty|
|||||||||2020|2019|2020|2019|
|||||||||6|f|6|f|
|Depreciation|on|tangible
fixed assets||||||57,188|55,527|54,342|50,235|
|Auditor's
remuneration||||||||10,600|9,550|6,600|8,150|
|Auditor's
remuneration|||-non-audit|||||||||
|Pension costs||||||||14,999||14,006|12,174|
|During the year,||no Trustees received||any remuneration|||(2019:fNIL).|||||
|During the year,||no Trustees received||any benefits||in kind||(2019:fNIL).||||
|No Trustees received reimbursement||||ofexpenses||in 2020,||(2019:fNIL).||||
|.Staffcosts||||||||||||
|Staff costs were||as follows:||||||||||
|||||||||Group|Group|Charity|Charrty|
|||||||||2020|2019|2020|2019|
|||||||||6|f|6|f|
|Wages and salaries||||||||688,134|525,351|606,751|575,755|
|Social security|costs|||||||63,359|53,895|57,417|52 175|
|Pension costs||||||||14,999|12,458|14,006|12,174|
|||||||||766,492|892714|678,174|641,105|
|The average number of people employed|||||by the charitable|||group during the|year was as follows:|||
|||||||||Group|Group|Charity|Charity|
|||||||||2020|2019|2020|2019|
|||||||||No.|No.|No.|No.|
|School||||||||0|6||6|
|Early intervention||and sessional services||||||12|4|12|4|
|Fundraising||||||||2|2|2|2|
|Retail shops||||||||3|6|||
|Support||||||||9|7|||
|||||||||26|25|23||
##
##
##
|.Tangible fixed assets|||||
|---|---|---|---|---|
||Land 8|Furniture 8|Fixtures a||
||buildings|equipment|fltsngs|Total|
|Group|6|6||f|
|Cost|||||
|At 1 January 2020|1,206,691|206,819|118,134|1,531,644|
|Additions||53,298|4,615|57,913|
|Disposals||(16,405)||(16,405)|
|At 31 December 2020|1,206,691|243,712|122,749|1,573,152|
|Depreciation|||||
|At 1 January 2020|108,807|189,905|58,441|357,153|
|Charge for the year|21,154|13,026|23,008|57,188|
|On disposals||(16,405)||(16,405)|
|At 31 December 2020|129,961|186,526|81,449|397,936|
|Net book value|||||
|At 31 December 2020|1,078,730|57,186|41,300|1,175,216|
|At 31December 2019|1,097,884|15,914|59,693|1,174,491|
|Charity|||||
|Cost|||||
|At 1 January 2020|1,170,474|184,409|110,228|1,465,111|
|Additions||52,793|4,615|57,408|
|Disposals|||||
|At 31 December 2020|1,170,474|237,202|114,843|1,522,519|
|Depreciation|||||
|At 1 January 2020|72,590|173,500|51,597|297,687|
|Charge for the year|21,154|10,899|22,289|54,342|
|On disposals|||||
|At 31 December 2020|93,744|184,399|73,886|352,029|
|Net book value|||||
|At 31 December 2020|1,076,730|52,803|40,957|1,170,490|
|At31December 2019|1,097,884|10,909|58631|1157424|
##
##
|.Debtors||||||||
|---|---|---|---|---|---|---|---|
||||Group|Group|Charity|Charily||
||||2020
6|2019
f|2020
f||2019f|
|Due after more than one year||||||||
|Amounts
owed by group|undertakings||||121,000|||
|Due within one year||||||||
|Oustanding
fees|||3,250|16,350|3,250|16,350||
|Amounts
owed by group|undertakings||||63,012|55,546||
|Tax and social security||||||||
|Other debtors|||25,955|28,092||||
|Prepayments|||20,635|34,131|1,980||7,769|
|Accrued income|||21,448|8,126|21,448||8,126|
||||71,289|86,599|210,690|237,791||
|Induded
in the amounts|due tothe charity|from group|undertakings
iss loan ofF156,000 from CPotential|||Trading|Ltd,|
|a wholly owned subsidiary
ofthe charity.||The loan bears interest at the rate of2.5%above the Bank of England|||||base|
|rate.||||||||
|Creditors||||||||
|Amounts
falling due within one year||||||||
||||Group|Group|Charity|Charily||
||||2020|2019|2020||2019|
||||f|f|f|||
|Trade creditors|||13,589|28,537|11,804|23,758||
|Tax and social security|||18,021|15,455|17,065|14,956||
|Other creditors|||3,276|3,789|3,276|3,789||
|Accruals|||22,799|12094|19,533|10,133||
|Loan from a corporate supporter||||||||
|Deferred income|||12,923|12,923||||
||||70,608|72809|51,678|52,646||
|Amounts
falling due after more than one year||||||||
|Rent deposit|||18,667|18,667||||
|Loan from a trust||||||||
||||18,867|18,657||||
##
##
##
|.Statement offunds|||||||
|---|---|---|---|---|---|---|
||Brought|Incoming|Resources|Gains)||Carried|
||forward|resources|expended|(losses)|Transfers|forward|
||6|6|6|6|6|6|
|Restricted funds|||||||
|Capital campaign
fund|24,638||(15,043)|||9,595|
|Equipment
fund|12,958|25|(2,210)|||10,773|
|Early intervention
fund||40,008|(40,008)||||
|Music therapy
fund|||||||
||37,596|40,033|(57,261)|||20,368|
|Designated
funds|||||||
|Land &building
reserve|1,175,000|||||1,175,000|
|Redevelopment
reserve|||||||
|Maintenance
reserve|140,000|||||140,000|
|Retail reserve|185,000|||||185,000|
|Innovation
reserve|250,000|||||250,000|
|Events reserve|30,000|||||30,000|
|General funds|361,668|557,719|(1,075,740)|||(156,353)|
|Total unrestricted|2,141,668|557,719|(1,075,740)|||1,623,647|
|Total offunds|2,179,264|597,752|(1,133,001)|||1,644,015|
|Restricted funds 2019|||||||
|Capital campaign
fund|24,638|||||24,638|
|Equipment
fund|19,292||(6,334)|||12,958|
|Early intervention
fund||40,000|(40,000)||||
|Music therapy
fund||3,000|(3,000)||||
|Parents podcasts fund|||||||
||43,930|43,000|(49,334)|||37,596|
|Designated
funds 2019|||||||
|Land &building
reserve|1,267,249||||(92,249)|1,175,000|
|Redevelopment
reserve|246,702||||(246, 702)||
|Maintenance
reserve|||||140,000|f40,000|
|Retail reserve|||||185,000|185,000|
|Innovation
reserve|||||250,000|250.000|
|Events reserve|||||30,000|30,000|
|General funds 2019|(90,178)|1,858,395|(1,140,500)||(266,049)|381,568|
|Total unrestricted
2019|1,423,773|1,858,395|(1,140,500)|||2,141,668|
|Total offunds 2019|1,467,703|1,901,395|(1,189,833)|||2,178,264|
##
|Purposes|ofrestricted|ofrestricted|ofrestricted|funds||||
|---|---|---|---|---|---|---|---|
|Capital campaign|||fund||The capital campaign
fund consists of monies donated forthe development||of|
||||||an extension and improvements
to the Centre's
building.|||
|Equipment|fund||||The equipment
fund consists of monies donated
for the purchase ofsmall|||
||||||items and capital items for the fonrt-line services.|||
|Early intervention|||fund||The early intervention
fund consists of monies received for delivering
our|pre-||
||||||school and outreach services.|||
|Music therapy||fund|||The music therapy
fund consists of monies received for the provision of music|||
||||||therapy.|||
|Parents podcasts|||fund||The parents podcasts fund consists of monies received for the provision of|||
||||||podcasts
with helpful
information
for parents ofchildren
with disabilities.|||
|Purposes|ofdesignated|||funds||||
|Land &building||reserve|||The land and building
reserve represents
the unrestricted
funds invested|in the||
||||||charity's freehold
land and buildings
plus an allowance
for forthcoming|||
||||||additions
which are not therefore available for other purposes.|||
|Redevelopment||reserve|||The redevelopment
reserve consisted of monies set aside by the Trustees|for||
||||||the development
ofa major extension tothe charity's
building,
but it has now|||
||||||ben dosed because
itwas not possible to proceed with that plan.|||
|Maintenance
reserve|||||The maintenance
reserve is monies set aside by the Trustees forthe future|||
||||||maintenance
ofthe charity's
mand and buildings.|||
|Retail reserve|||||The retail reserve represents
money loaned to the charity's trading
subsidiary|||
||||||company and therefore
not available for other purposes.|||
|Innovation|reserve||||The innovation
reserve is monies set aside by the trustees
in order to be able|||
||||||to pilot new activities that do not yet have funding
induding
new services,|new||
||||||partnerships
and new fundraising
programmes.|||
|Events reserve|||||The events reserve is money set aside to allow for the organising
of|||
||||||fundraising
and promotional
events where costs have to be paid out before|||
||||||income is received.|||
##
##
||||||Unrestricted
Restricted|Unrestricted
Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2020|2020|2020|2019|
||||||6|6|6||
|Tangible|fixed||assets||1,165,621|9,595|1,175,216|1,174,491|
|Current assets|||||547,301|10,773|558,074|1,096,249|
|Creditors|due||within one year||(70,609)||(70,609)|(72,809)|
|Creditors|due||after one year||(18,667)||(18,667)|(18,667)|
||||||1,623,647|20,368|1,644,015|2,179,264|
|Tangible|fixed||assets 2019||1,149,853|24,638|1,174,491||
|Current assets 2019|||||1,083,291|12958|1,096,249||
|Creditors|due||within one year 2019||(72809)||(72,809)||
|Creditors|due||after one year 2019||(18,557)||(18,667)||
||||||2,141,658|37,596|2,179,264||
|Operating||lease commitments|||||||
|At 31 December 2020 the total ofthe future||||minimum|annual lease payments|under non cancellable
operating leases|||
|was:|||||||||
||||||Charity|Chority|Group|Group|
||||||2020|2019|2020|2019|
||||||6|5|||
|Within
1 year|||||||80,762|87,750|
|Between|1 and 5years||||||234,650|252,351|
|More than 5years|||||||166,320|222,312|
||||||||481,732|562413|
##
##
##