OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

A Palette of Opportunity

REGISTERED CHARITY NUMBER 1125362

ANNUAL REPORT AND ACCOUNTS FOR YEAR ENDING 31[ST] MARCH 2022

Contents

Structure, governance and objects Trustees’ report

Targets and performance Achievements and performance Outcomes of Misgav’s activities Financial review

Independent examiner’s report Statement of Financial Activities Balance Sheet Notes to the financial statements Legal and administrative details

Page 2 Page 3 Page 4 Page 7 Page 9 Page 11 Page 12 Page 13 Page 14 Page 15 Page 20

Structure and governance

STRUCTURE, GOVERNANCE AND OBJECTS

Misgav is governed by its Trust Deed dated February 2006, which states the object of improving the lives of disabled women. The charity is an unincorporated registered charity – registration number 1125362.

The Board of Trustees are responsible for the governance and overall management of the organisation. The trustees who served the charity during the period were:

Mrs Yutta Domb Mrs Katalin Tesler

Mrs Toby Berger Mrs Zeldy Frankel

Day-to-day management of activities is carried out by the Director, supported by Project Managers, Finance Manager and administrative support. Misgav’s activities are supervised and run by the Group Coordinators, 10 part-time employees, 1 full time, 59 sessional staff, as well as 25 dedicated volunteers. The Trust Deed requires that the number of Trustees shall not be less than three, and no more than seven. The power to appoint new Trustees is vested in the existing Trustees. New Trustees are recruited for their competence, specialist skills and ability to promote the objectives of the Charity. New Trustees are appointed by the resolution of the Trustees, which is recorded in the minutes and signed by a Trustee. New Trustees are given induction and appropriate training by the current Trustees.

Objects

Our primary, overarching aim continues to be to improve the lives of disabled women, supporting them in developing their life skills, improving their health and wellbeing, and enhancing their opportunities to lead a safe and fulfilling life while achieving their individual potential.

Misgav’s secondary aim is to continue to support users’ parent-carers and family members, by providing them with essential regular respite from their ongoing, increasingly stressful task as caregivers, as both they and their daughters grow older.

Public benefit

The trustees have reviewed the charity’s aims, objectives and future plans, and confirm that they comply with the public benefit guidance as published by the Charity Commission.

Misgav’s users gain a palette of skills with which they paint a more independent, happier reality and make a positive mark on our community.

Growth: needs and a new range of activities

While the previous financial year was characterised by pause, uncertainty, new ways of thinking and delivering our programmes – this financial year could be summed up in one word as ‘growth’ – in many aspects of our work. First, disabled users, carers and staff felt the growth of impatience to get back to normal. Yet over the year we have faced uncertainties with new variants of Covid – Delta in July and Omicron in December 2021. We have weathered those with a well-practiced range of safety measures and an attitude to adapt and ‘get on with it’. What has become apparent to us is that things have changed for Misgav and our users so much since the pandemic that there might be no return to the ‘before’, even as we have successfully reintroduced all our pre-Covid programming. This is because 21/22 has delivered unprecedent growth of needs – circumstances have changed for our users and their carers, and so they have for staff, volunteers and Misgav as an organisation.

Disabled women, many of whom are clinically vulnerable and their carers because of their age and medical conditions are being disabled by the society and left behind without measures to cope with a new reality. Adding to this a lingering trauma of the pandemic on our disabled households with all its implications for the wellbeing and finances. To address those new needs, this year we have focussed on:

----- Start of picture text -----
3
----- End of picture text -----

TRUSTEE’S REPORT

Improving mental health of disabled users and alleviating the pandemic’s impact. We have engaged Dr Topper, a clinical psychologist, to work with our users and their families, as well as staff across all programmes to help them return to Misgav and a wider range of activities in the community. In our holistic approach we guide users on how to cope better with anxieties and teach resilience skills. Our sport, art and music activities provide great tools for successful therapeutic interventions. We hope that this low-level mental health support will progress from ad-hoc work with only high-needs cases to a fully rolled out programme which will help users at the earliest possible stage when their mental health requires a boost.

Facilitating good transitions for new users joining Misgav and users who need to move to the next stage of their independence. The demand for a supported living is growing and with initial funding committed from Delapage we have worked on this new venture with external consultants funded by the Lloyds Foundation, staff at the Interlink Foundation and representatives of Hackney and Haringey councils.

Expanding the day programme into a full range of skills training and hands on group work experiences which dovetail with our job placements. By the end of this financial year, we are offering 11.5 hours of day group programming which for the first time includes a formal, accredited IT training co-delivered with Vista Education. The gardening, nutrition, soft and work skills as well as cooking programmes provide a set of skills that helps users become more engaged and independent.

Dance was added to our daily afternoon activities as users felt this type of exercise would be beneficial especially to those who struggle with stamina and motivation to keep fit.

Our social media and local press communications were expanded.

Access to social care benefits for all eligible users – we have extended our advisory service and practical help with personal budgets applications. This part is essential to users’ wellbeing but also to Misgav’s survival as costs of our programmes have risen along with cost of fuel and inflation.

Advocacy - we have worked with local and national disability rights organisations to make sure we stay informed and present the voice of our unique community at fora which affect local and national change.

Increase staff capacity as our governance ‘health checks’ highlighted this as a measure to ensure that our growth is sustainable. We have employed 3 part-time staff including 2 new admin workers and a Grants Writer who has received in house training to help us secure grants in an increasingly challenging fundraising environment.

Targets

I We plan to set up skill courses geared at a group of higher achievers, open to members of the community who need the We have added new sessions and are on course of providing skills in an appropriate social setting for them. Their care-givers a full day programme of skills training and group work need that respite, but potential users consider themselves too opportunities. mainstream to join Misgav as users.

II We hope to increase our administrative capacity to enable us We have hired 2 new admin staff, a junior Grant Writer to be trained in-house to extend the fundraising capacity and a to manage more effectively and run more efficiently. coordinator to develop wellbeing support.

III The Covid year has left its mark on our users, directly affecting their behaviour and performance at our sessions. We aim to employ a behavioural specialist for a period of 6 months, to assess the triggers and behaviour patterns for each of our users, draw up crib sheets, and train our onsite staff with the best behaviour management techniques.

Our work with Dr Topper, a clinical psychologist, has had a great impact on the most urgent cases thanks to a holistic intervention. On average she has spent 3 months per household helping address behavioural patterns of concern (unsafe self-soothing, overeating, panic attacks). After the training staff and volunteers reported feeling better-equipped to help users with behaviours challenges.

Performance

4

TARGETS FOR NEXT YEAR

I. To fully utilise resources offered by partners such as Lloyds and Solace foundations to devise a sound organisational strategy and business planning for the supported living

II. Extend staff and volunteer training especially in the area of mental health and on ways of enhancing co-production with users.

III. To extend staff capacity in line with the growth of the employment programme and to address more complicated logistics when finding and co-ordinating job placements. This reflects extra health risk considerations and training since the pandemic and a need to replace partners who went out of business/changed mode of work during the lockdowns.

IV. Respond to an acute need to fill in the gap in local provision between term activities and residential camps by providing summer and winter day camps. These will not only bridge the care provision for carers but also for users, and will prevent routine upheavals and ‘holiday slide’ in skills.

V. Explore and apply for new ways to: promote the art programme, test/introduce new social enterprise ideas and to improving financial and eco sustainability of Misgav.

5

Misgav is most fortunate to partner with those who support and empower us, turning our visions into reality.

The National Lottery Community Fund - Reaching Communities and City Bridge Trust with their multi-year awards give us capacity to develop and enhance programming.

Over the past two years the Lloyds Bank Foundation has benefited Misgav way beyond the monetary value of the core funding they have generously invested in us. Staff at Lloyds have shared our vision for a more resilient charity and a sustainable response to our users’ and carers’ urgent needs. We have learned so much from the mentoring and business consultancy that are shaping our supported living and other projects. We are also grateful for the networking and opportunities to present our users’ voice on pressing issues such as accessible banking.

Solace Labyrinth funding has given us a real boost to expand our employment programme. This investment gave us a great leverage to attract further funding, which in turn helped us introduce a new accredited IT course.

We are also extremely fortunate to have partners such as The Joseph and Lilian Sully Foundation who have been our long-term supporters and friends. Your trust and encouragement have boosted our morale when we started facing this precarious new financial climate.

Our main funders of the year were:

We are also grateful to: Arnold Clark, Barchester Trust, Barnet Community Response, London Catalyst, London City Airport, London Cycling Campaign, Souter Charitable Trust, Sported Foundation, Stockwell Cliffe, The Hiscox Foundation, The Field Family Trust

Signed on behalf of the trustees:

A WORD OF GRATITUDE

----- Start of picture text -----
‘My Misgav
friends
boost my
mood ’
‘Music and sport
sessions infuse
me with energy.. ’
‘I feel warmed
and encouraged
Users’
by the smile of my
Feedback
support worker’
‘The aerobic and
dance lets me
kick away my
troubles and feel
good ’
‘I love the fun
way we get to
express our-
selves at Art ’Misgav is
a happy
Therapy’
place…. ’
----- End of picture text -----

Mrs Yutta Domb

30 January 2023

6

ACHIEVMENTS AND PERFORMANCE

Misgav helps its users reach their maximum level of independence, by recognising their challenges and focusing on positive change:

Necessity of Misgav activities:

100% answered ‘High’

‘Misgav activities gives her day structure - she would otherwise have nothing else to do’.

Satisfaction of weekly activities:

92% said extremely satisfied, 8% said satisfied

‘I feel she really gains a lot!’

‘It’s varied and interesting’

‘Misgav activities are absolutely essential - it gives her access to all different activities. ’

PARENTS SURVEY 2022

Impact of our programme on your daughter’s wellbeing/mental health

80% significant impact 20% some impact

Impact of our programmes on the mental health of carers and your family in general

78% significant impact, 22% some impact

Impact of our activities on your daughter’s physical activity:

78% said excellent 22% said very good

‘Exercise is very important for Miriam who won’t move much otherwise’

‘The physical activity during dancing really keeps her active’

‘Leah lives with older people and the time she spends with company similar to her age at external activities are vital to her general wellbeing ’

How much do Misgav’s activities help with your daughter’s sense of loneliness/ isolation?

‘Without Misgav she would have no social life’

7

Over the past year Misgav has developed and managed our users’ daytime schedules, ensuring they have the best chances in the working world. Their very individualised work placements, along with group courses to up their skills, has stretched them and given them real feelings of satisfaction and fulfilment.

Alongside this, we have continued to deliver high-quality sports and arts respite sessions daily. In a warm and welcoming environment, our users and volunteers engage in reaching their set targets together, enhancing valuable life skills and improving their stamina and general health.

~~8583 HOURS OF VOLUNTEER OPPORTUNITIES PER YEAR~~

Who we work with

Independence and life-skills activities

Advocacy and support for parent/ carers

Residentials and Bank Holiday trips and activities

Arts activities

Sports activities

Volunteers

Community Campaign

Celebration events

~~1553 HOURS OF PROGRAMMING DELIVERED~~

8

Our work programme has made great strides, as more users have joined, benefiting from unique and tailor-made work schedules. Under our closely managed programme our users are coached and trained to fill their positions well, and communicate professionally with their employers.

Support Workers & Staff

Work Skill group sessions

OUTCOMES OF MISGAV’S ACTIVITIES

----- Start of picture text -----
‘I like the space
to work at my
own pace’
How do
’Calm, always
there for me’ my work
placements
make me feel?
Users respond...
’Confident, I
feel I can do it’
‘I have my
place in the
community’
----- End of picture text -----

9

The programme is essential for users’ Users’ satisfaction with personal development the programme: and wellbeing:

Significant/positive impact of our programme on their mental health:

Programme important to reduce their isolation:

----- Start of picture text -----
11% 11%
22%
100% 89%
78%
89%
Very Happy Very positive Some positive Vital Great
happy impact impact importance importance
----- End of picture text -----

‘Liz, aged 26, who is learning disabled and has some mobility issues, likes calm environment and predictable workload. Misgav found and support Liz’s induction at a local personalised gifts company. She assists in fulfilling delivery orders and uses her artistic flair honed in our art classes to create beautiful gift arrangements. Her employers needed some induction training as they had no previous contact with a learning-disabled person, and little help to adjust the work to Liz’s needs. Now they work well as a team and both look forward to the afternoons when Liz is in the shop. ’

‘Janet looks forward to social enterprise all week long! She will always ensure that she is free during that slot and will absolutely not allow me to book any appointments during that time! Social enterprise is her favourite session. I am so gratefull that she has this opportunity to develop skills in such a supportive setting.’

Janet’s mum age 68

Leah (owner of local gift store)

10

Financial Review

This financial year (April 2021- March 2022) saw the after-effects of Covid and the challenges of fundraising for increased services. Whilst income increased by £68,000, expenditure on charitable activities rose by £185,00. The rise in expenditure was due to increase in service provision, both in the number and quality of services and in the number of service users. This year, Misgav developed and expanded its employment programme, day programme, sports provision and one-2-one support. Costs have also risen, especially in the running of residential camps. This upsurge in costs was mainly funded from brought forward reserves.

FINANCIAL REVIEW

During the previous financial year, Covid restrictions had placed a pause on many of the charity’s activities, resulting in a brought forward level of reserves this year that was unusually high. The trustees determined to use £38,885 of these reserves to improve and expand services in the best interests of the charity. This still leaves the charity in a healthy position. Misgav’s current level of reserves is still at the higher end of its policy of holding 3-6 months’ operational costs.

The trustees will aim for income to match expenditure in the year to March 2023. A crowdfunding campaign is planned which will hopefully allow Misgav to achieve its fundraising goals in conjunction with the many grant funding opportunities of which it continues to take advantage.

Reserves Policy

The trustees aim to maintain free reserves at a level of 3-6 months’ running costs. Last year the level of free reserves was almost 12 months of running costs. The trustees position is that the charity should use those extra funds to benefit service users and this brought the level of free reserves this year (£185,747) to 5 months’ running costs.

Signed on behalf of the trustees:

Mrs Yutta Domb 30 January 2023

11

I report to the trustees on my examination of the financial statements of Misgav (‘the charity’) for the year ended 31 March 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

INDIVIDUAL EXAMINER’S REPORT

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. The financial statements do not accord with those records; or

  3. The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

David Goldberg

David Goldberg, FCA DChA Cohen Arnold

New Burlington House 1075 Finchley Road LONDON NW11 0PU

30 January 2023

12

STATEMENT OF FINANCIAL ACTIVITIES

STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES
For the year ending 31 March 2022 Total
Funds
2021
£
5,451
350,800
356,251
20,434
232,937
253,371
102,880
0
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
Unrestricted
Funds
Notes
£
£
£
£		 Total
Funds
2021
£
5,451
350,800
356,251
20,434
232,937
253,371
102,880
0
Restricted
Funds
£
Income from Donations & Legacies
Income from Donations & Legacies 4,613 4,613 4,451 1,000
Charitable Activities 208,352 211,357 419,709 123,865 226,935
Total Incoming Resources
4		 212,965 211,357 424,322 128,316 227,935
RESOURCES EXPENDED
RaisingFunds 33,463 33,463 20,434
Charitable Activities 218,387 204,356 422,743 30,214 202,723
Total Resources Expended
5		 251,850 204,356 456,206 50,648 202,723
Net Movement In Funds -38,885 7,001 -31,884 77,668 25,212
Transfer To / (From)
Reserves		 0 0
102,880
156,191
259,071
Net Reserves for the Year -38,885 7,001 -31,884 77,668 25,212
Total Funds
Brought Forward		 224,632 34,439 259,071 146,964 9,227
Total Funds
Carried Forward
14/15		 £ 185,747 £ 41,440 227,187 £ 224,632 £ 34,439 £
£

13

BALANCE SHEET

As at 31 March 2022

Notes 2022
£		 2021
£
Fixed Assets
Tangible Assets 11 2,425 3,233
Current Assets 2,425 3,233
Debtors 12 62,205 35,043
Cash at Bank and in Hand 168,721 281,550
Creditors 230,926 316,593
Amounts falling due within one
year		 13 (6,164) (60,755)
Net Current Assets 224,762 255,838
Total Assets less Current
Liabilities		 227,187 259,071
Creditors
Amounts falling due
after more than oneyear		 11
Net Assets £ 227,187 £ 259,071
Restricted Funds 14 41,440 34,439
Unrestricted Funds 15 185,747 224,632
Total Funds £ 227,187 £ 259,071

These financial statements were approved by the board of trustees on the 30 January 2023 and are signed on their behalf by:

Mrs Y Domb

Chair

30 January 2023

14

Notes To The Accounts - 31 March 2022

1) General Information

The charity is registered charity in England and Wales and is unincorporated. The address of the principal office is 48 Northfield Road, London N16 5RN.

2) Statement of Compliance

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Expenditure is classified under the following activity headings:

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3) Accounting Policies

Basis of preparation

The accounts (financial statements) have been prepared on the historical cost basis.

Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity.

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff, of the amount attributable to each activity. • Sports Activities 25%

Public Benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

Going Concern

The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the bank.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

15

4) Income from Donations & Legacies

Unrestricted
Restricted
Funds
Funds
£
£		 Total Total
2021
£
500
2,000
500
2,451
5,451
11,325
108,540
119,865
4,000
3,000
10,000
2,000
18,500
13,819
5,000
5,000
2022
£
Alec Dickson Trust HackneyGiving 8,300 8,300 9,000
The Eve GreenbergTrust 3,000 3,000 HackneyVoluntarySector Grant 19,968
Gowling WLG Charitable
Trust		 Interlink Foundation 1,710 1,710
Kirsh Foundation 4,000 4,000 4,000
CommunityDonations 1,613 1,613 London Catalyst Foundation 2,000 2,000
Total Income from
Donations & Legacies		 4,613 London CityAirport 3,000 3,000
4,613 London CommunityResponse Fund 10,000
Charitable Activities London CyclingCampaign 2,000
Parental Contributions 11,355 11,355 Lloyds TSB 30,000 30,000 38,200
Borough of Hackney and
HaringeyLD Services		 192,997 NHS Health 275 275
192,997 Olive Wolf HolidayTrust 2,000
Total Charitable Activities 204,352
204,352		 ReachingCommunities 41,761 41,761 45,688
Solace Womens Aid 5,000 5,000
Grants Received
Souter Charitable Trust 3,000 3,000
29th May 4,000 4,000 Sport England 9,840 9,840
Anton Jurgens Sported Foundation 1,700 1,700
Arnold Clark 2,500 2,500 Stronger Communities Grant 986
Awards for All The Childwick Trust 4,000 4,000
The Field FamilyCharityTrust 3000 3,000
Barchester 750 750
The Hiscox Foundation 1,500 1,500
Branet Grant 5,960 5,960
The Joseph & Lilian SullyFoundation 10,000 10,000 5,000
Bruce Wake Charitable Trust 2,000 2,000
The Respite Association 2,500
CAF Grant
The Stockwell Cliffe 1,000 1,000
CityBridge Trust 48,460 48,460
This Girl Can Stage 2(Sport England) 9,500 9,500
CST Grants 1728 1,728
HMRC Job Retention Scheme 30,275
David Solomons 750 750
4,000 211,357 215,357 230,935
Delapage Total Income Generated
£ 212,965		 £
211,357		 £
356,251
DisabilityRights 9,623 9,623 £ 424,322
East End CommunityFund
East Bank Westfield Grant

16

5) Resources Expended

Raising
Funds
Sports and
Arts
Employment
Support
Program
Residentials
Support
Costs
Total
2022
£
£
£
£
£
£		 Total
2021
£
Advertising
and Publicity		 340
440
380
60
198
1,418		 1,378
Consultancy 1,500
2,800
2,500
1,900
11,368
20,068		 8,080
Day Trips 520
350
2,119
0
2,989		 677
Depreciation
Charge		 808
808		 1,078
Equipment
and Supplies		 4,200
6,156
4,700
1,455
16,511		 5,745
Food and
Refreshments		 13,600
6,876
11,980
1,981
34,436		 17,608
Governance
Costs		 4,494
4,494		 4,483
Hire of
Facilities		 28,360
17,793
18,000
5,420
69,573		 55,824
Insurance 790
790		 762
Membership
fee		 48
48		 36
Office
Expenses		 1,250
8,368
3,860
1,625
16,480
31,583		 25,226
Staff Costs 19,360
54,255
44,840
35,440
69,077
222,972		 117,163
Transport 20,411
11,540
4,210
8,900
45,061		 12,824
Volunteer
Expenses		 1,174
590
2,350
1,340
5,454		 2,487
Resources
expended		 22,450
134,128
94,885
82,384
122,358
456,206		 253,371
Support costs
apportioned		 11,013
40,379
40,378
30,590
-122,358
Total
Resources
Expended		 33,463
174,507
135,263
112,974
0
456,206		 253,371

17

6) Taxation

The Charity is exempt from taxation on its charitable activities.

7) Net income

Net income is charged after charging:

7) Net income
Net income is charged after charging:
8) 2022
2021
Depreciation £808
£1,078
Independent Examination Fees
Feespayable for independent examination £3,000
£3,000

The total staff costs and employee benefits for the year are analysed a follows:

Wages and salaries 2022
2021
£222,972
£117,163

No employee earned more than £60,000 (2021: Nil).

11) Tangible Fixed Assets

11) Tangible Fixed Assets
Computer
Activity
Equipment
Equipment
£
£		 Total
£
Cost or valuation
At 2021 2,844 9,733 12,577
Additions
Disposals
At 2022 2,844 9,733 12,577
Depreciation
At 2021 2,424 6,920 9,344
Charge for theyear 105 703 808
Disposals
At 2022 2,529 7,623 10,152
Valuation
2022 £ 315 £ 2,110 £ 2,425
2021 £ 420 £ 2,813 £ 3,233
The average number of Employees duringtheyear
2022
2021
Sessional staff
59
46
Part time staff
10
9
Full time staff
1
1
total number of staff
70
56

There was no remuneration paid to the trustees. The charity did not meet any individual expenses incurred by the trustees for services provided to the charity.

18

12) Debtors

Debtors
2022
£		 2021
£
28,879
5,981
183
£ 35,043
Parental Contributions and User
Fees		 55,939
Grants Receivable 6,266
Pre Paid Expenses and other
debtors		 0
£ 62,205

13) Creditors:

14) Analysis of Net Assets of The Charity's Funds

Analysis of Net Assets of The
Charity's Funds
Fixed Assets
Current Assets
Current
Liabilities
Fund Balances
£
£
£
£
Restricted Funds 41,440 41,440
Unrestricted Funds 2,425 189,486 (6,164) 185,747
Total Funds £ 2,425 £ 230,926 £ (6,164) £ 227,187

Amounts falling due within one year

2022
£		 2021
£
52,882
2,789
4,378
706

£ 60,755
Trade Creditors 3,097
Taxation and Social Security 67
Accruals and deferred income 3,000
Other Creditors
£ 6,164

15) Movement in Funds

Movement in Funds
At 1 April
2021		 Income
£		 Expended
At 31 March
2022
£
£
2022
£
Restricted Funds 34,439 211,357 204,356 41,440
Unrestricted Funds 224,632 212,965 251,850 185,747
Total Funds £ 259,071 £ 424,322 £ 456,206 £ 227,187

The following Grants were received in the Year in relation to expenditure in the next financial Year

expenditure in the next financial Year
Lloyds £30,000
ReachingCommunities £5,440
The Field FamilyTrust £3,000
London CityAirport £1,500
Bruce Wake £1,500
£ 41,440

19

LEGAL AND ADMINISTRATIVE DETAILS

Registered charity name Misgav Registered charity number 1125362

Registered office address

Telephone number Website Email address

Trustees

Independent examiners

48b Northfield Road London N16 5RN

020 7998 3782

www.misgav.org.uk admin@misgav.org.uk

Mrs Yutta Domb Mrs Katalin Tesler Mrs Toby Berger Mrs Zeldy Frankel

Cohen Arnold

New Burlington House 1075 Finchley Road London NW11 0PU

Bankers

TSB Bank PLC 174 Clapton Common London E5 9AQ

pixelgrouplondon@gmail.com