GROWTHIS A JOURNEY... h..t￿¢￿￿g￿ 1d.ng Reglstered Charlty Number 1125362 Thls Is growth. This Is growth. Thls Is growth. ..IT LOOKS DIFFERENT FOR EVERYONE Annual Report and Accounts For year endin8 315t March 2023 Thi5 15 8rowth. **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 3 PAGE 4 PAGE 5 PAGE 9 PAGE 11 PAGE 13 PAGE 14 PAGE 15 PAGE 16 PAGE 17 PAGE 21** **2** ## **STRUCTURE AND GOVERNANCE** 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 Toby Berger Mrs Katalin Tesler Mrs Zeldy Frankel Day-to-day management of activities is carried out by the Director, supported by Project Managers, a Finance Manager and administrative support. Misgav’s activities are supervised and run by 9 part-time employees, 2 full-time employees, 65 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. **3** The previous financial year 21/22 marked a big leap forward; we extended our day programme and our wellbeing provision; we added new sessions to the respite offer, and our plan was to keep up the momentum. We set out into the 22/23 financial year with equally ambitious plans for securing our first Supported Living facility; creating a community hub to house most of our programmes, reducing the need to travel to different venues; and providing enrichment sessions for our young sessional staff and volunteers. We did not succeed in overcoming all the hurdles in our path to implementing those in 22/23, but as we look back onto the epic journey, we are proud of what we did succeed in achieving. We can say that our efforts and preparatory work have laid solid foundations for those long- term projects which will transform Misgav and the way we serve our disabled users, their carers, and the wider community of young people who gain work experience with us. ^ ⃣ Our first and greatest achievement of 22/23 was that we were able to sustain the programmes we had extended in the previous year. This was a real challenge in the prevailing climate, with the cost-of-living crisis blindsiding the sector just as we started to regain some equilibrium from the pandemic crisis. As the costs of food, fuel and energy started to soar with inflation, running costs of our activities started rising too, while the real value of social care packages from local authorities decreased drastically. Those packages were rarely adequate before Covid-19 struck and never caught up with the changing (and increasing) needs of the disabled women we serve and their families. We have protected our services; however, we are still on a journey of increasing and diversifying income, helping families to access adequate social care benefits, and reducing costs wherever possible without compromising the quality of our services. ^ ⃣ Getting adequate social care benefits for our users is essential for their quality of life, a right which is legally protected. In practice, it takes enormous logistical effort by Misgav staff to ensure that this right is respected. ^ ⃣ We are now a recognised Hackney day service provider which requires Misgav to comply with all quality assurance procedures, hence we have expanded our monitoring of co-set user targets as well as worked on the efficiency of that data recording. These changes required additional development of our CRM database which we are unrolling at a staggered rate because of the hefty costs of working with external consultants and developers. ^ ⃣ We have laid solid foundations for our CQC application for the Supported Living facility. Various options for accommodation were scouted, costed and discussed with parents and other stakeholders. While this year we cannot announce more, all the research work and even ‘dead end’ options that we have explored are adding to the learning process on this project. These lessons will help us ensure that the accommodation we choose is fit for purpose and suits users’ needs best. ^ ⃣ Together with the entire local community and friends beyond London, we exceeded our £100,000 target in our first ever community fundraising campaign. ## _**Growth is recovering from setbacks**_ **4** ## **TARGETS** ## **PERFORMANCE** **I** Our Director and Development Team staff worked with a business consultant funded by the Lloyds Foundation, To fully utilise resources offered by partners such as Lloyds and Solace who helped us to crystalize our business plan and development strategy for the years ahead. He was also very Foundations to devise a sound organisational strategy and business insightful on supported living plans and social care packages advocacy. We felt empowered by his previous planning for the supported living project. experience in helping other organisations reach similar goals to ours. **II** Quarterly staff trainings, especially in the area of mental health, and addressing how to respond to users in order to promote positive engagement and group cohesion, were cited by session staff as very helpful, and Extend staff and volunteer training especially in the area of low-level there were notably reduced occurrences of withdrawn or negative behaviour. These skills helped address the mental health support and on ways of enhancing co-production with higher mental health needs of users who were still struggling since returning to activities after lockdowns. users. We started in depth training of all coordinators of activities, coaches and teachers on involving users more in session planning and co-setting their personal goals. **III** To extend staff capacity in line with the growth of the employment programme and to address more complicated logistics when finding We extended staff capacity especially in the areas of coordination and finding new partners for work and co-ordinating job placements. This reflected extra health risk placements. We remained on track to double the amount of weekly supported hours of work placements with considerations and training since the pandemic and a need to replace a variety of options to increase engagement and help disabled users gain diverse skills. partners who went out of business/changed their mode of work during the lockdowns. **----- Start of picture text -----**
||| |---|---| |IV| |To respond to an acute need to fill the gap in local provision between|We delivered winter (4 days), spring (5 days) and summer (13 days) day camps, receiving some funding from| |HAF Hackney (via the Interlink Foundation) for users aged 25 and under. The day camps received very good| |term activities and residential camps by providing summer and winter| |reviews from carers, users, as well as Sue Roberts from Hackney (School Standards and Improvement Team| |day camps. These would not only bridge care provision for carers but also| |Hackney Holiday Food & Activities Programme Coordinator) who visited the sessions. After meeting the| |for users, and would prevent routine upheavals and ‘holiday slide’ in skills.|women in March 2023 Sue remarked how our participants ‘were speaking very interestingly and reflectively| |about their special needs. This is encouraging feedback, as self- awareness and advocating for their own needs| |are such crucial milestones to an optimum of independence for the disabled women.| |V| |Planning in those areas has been tied to the size and type of space we were able to secure for a hub to host| |Explore and apply for new ways to: promote the arts programme, test/|most of our activities. While having a dedicated, customised space would allow us to implement more of those| |introduce new social enterprise ideas and to improve financial and eco|plans, we were restricted by the lack of availability of local properties. Progress was slower than we had hoped,| |sustainability of Misgav.|but we are considering some very promising options which will allow us to grow, and which we expect to| |announce next year.| **----- End of picture text -----**
**5** **I.** Secure a site for supported living, increase staff capacity to coordinate the planning and Phase 1 of the project. Start Care Quality Commission application process. **II.** Step up advocacy for adequate social care support, both supporting individuals and exploring ways for the experiences of our disabled users to be heard at the local and national level. **III.** Look into cost effective measures and more agile ways of transforming programmes to respond to the cost-of-living crisis. Find new ways of supporting disabled users and staff affected by the crisis, especially rising food poverty. **IV.** Increase staff capacity and restructure the employment programme to secure more work placement partnerships and 1:1 volunteer support in this area, helping users extend their work hours and be provided with greater variety in their work areas of placement. **V.** To create a dedicated role for training, upskilling and increasing employability of volunteers and young sessional support staff. Because our entire operation depends on our volunteers and sessional staff, we want to ensure that they get individualised, targeted support to enable them to reap maximum benefit from their work experience with Misgav. **6** In the current unstable fundraising climate, where organisations are challenged to respond to the unprecedented food and fuel poverty, Misgav is extremely grateful for each individual donation and grant. The National Lottery Community Fund, City Bridge Trust, Lloyds Bank Foundation and the Postcode Society have funded us previously; we feel most honoured that they have chosen to work with us again. Their investment in our work has helped us enormously in enabling us to focus on Misgav’s most pressing needs. We are most grateful to Sport England for their multi-grant support from the Queen’s Platinum Jubilees Activity Fund, and also via the visionary, disability-focussed programme - Together Fund. The Together Fund not only provided us with much needed funding for our sports activities - it also opened new ways of networking and learning opportunities by way of the charities managing the grant: Disability Rights UK, EMDUK (the national governing body for group exercise) and our longterm partner the Interlink Foundation. The Joseph and Lilian Sully Foundation has been our long-standing supporter, and we are so privileged to be a beneficiary of their trust and encouragement. It was a pleasure to work for the first time with: - The Access Foundation on our employment and IT upskilling. - The London Community Foundation who through the Together For London fund supported - our Warm hub and Mental Health support - Compass Wellbeing on Mental Health support for Barnet users - Locality on employability We want to extend our gratitude to: Hackney Giving, Medicash Foundation, De Brye Charitable Trust, Bentley Motors, CLA Charitable Trust, Action Funder, Boshier Foundation and Alpkit Foundation. Once again, a big thank you to everyone from the community and beyond who donated to our Charidy Campaign. Mrs Yutta Domb 29 January 2024 **7** ## **TRIBUTE TO OUR LATE TRUSTEE MRS BINAH HIRSCHLER** _Remembering our late Trustee, Mrs Binah Hirschler, fills us with an aching feeling of pain, for a void that can never be filled. In her unique role as parent and trustee, her guidance was invaluable and priceless, yet so selfless._ _Mrs Hirschler inspired our growth from Misgav’s inception until her recent passing on 28 January 2021._ ## **HER INPUT INTO MISGAV’ S GROWTH** **As a mother of a Misgav participant,** she was the voice and thoughts of all Misgav’s parents. Parents trusted and adored her for her outstanding sensitivity. She shaped our provisions by telling us what the real needs are. **In her regal way,** she would often pick up the phone and share both praise and constructive criticism, which was particularly useful in providing a link to siblings’ feelings. Mrs Hirschler introduced us to the Learning Disabilities team at Hackney and the value of social care. She had many useful contacts there, as well as in the fundraising field as a past fundraiser. Mrs Hirschler was a great believer in our residential projects – she even offered to cook for them so we could keep costs down. ## **HER VISION FOR MISGAV** Mrs Hirschler wanted to see our Supported Living project up and running. Unfortunately, we were not ready to set it up yet when she so badly needed it. We hope to name the supported living facility, currently in the planning stages, in her memory. ## **RIVKY LANDAU – COORDINATOR OF THE COMMUNITY FUNDRAISING CAMPAIGN** ## **THE CHARIDY CAMPAIGN IN MAY WAS A HUGE SUCCESS.** We got Misgav’s name out beyond the local disability community and now many people know about the charity and the full offer of our activities. Because it was the first time Misgav was running a community fundraising campaign, the workload was quite heavy. As all staff pitched in to help, things were under control. We managed to get 4,165 donors and raised over **£100,000!** Misgav parents, staff, and volunteers as well as many of our disabled users devoted themselves and gave away their time to reach their goals and surpass them. Many of our staff members really outdid themselves - well done! The atmosphere was great, and the morale was high as the entire Misgav family worked together to get Misgav over our initial goal of £100,000! We recalled the day of the campaign; what stood out was the excitement but also a feeling of calm, knowing that the community will come through for us - and you all did! **8** ## **SATISFACTION OF WEEKLY ACTIVITIES:** ## **MISGAV HELPS ITS USERS REACH THEIR MAXIMUM LEVEL OF INDEPENDENCE, BY RECOGNISING THEIR CHALLENGES AND FOCUSING ON POSITIVE CHANGE:** **73%** said very satisfied, **27%** said satisfied ‘The sessions are enjoyable and really motivate her! ‘ ‘Leah looks forward to the Art therapy and cooking sessions where she can use her creativity, whilst gaining essential skills.’ ## **NECESSITY OF MISGAV ACTIVITIES:** **100%** answered ‘High’ ‘Without Misgav my daughter’s life would be so much poorer; she would be bored with no hope, no motivation and no socializing.’ ## **IMPACT OF OUR PROGRAMMES ON THE MENTAL HEALTH OF CARERS AND YOUR FAMILY IN GENERAL** **100%** report significant impact. ## **PARENTS’ SURVEY JANUARY 2023** ## **IMPACT OF OUR ACTIVITIES ON YOUR DAUGHTER’S PHYSICAL ACTIVITY:** **78%** said significant **22%** said good ‘F. really needs encouragement to join, but it does her a world of good.’ ‘Bella participates because she enjoys the stimulation at the exercise sessions’.’ ## **IMPACT OF OUR PROGRAMME ON YOUR DAUGHTER’S WELLBEING/MENTAL HEALTH** **100%** noted significant impact ‘Sarah feels happy when she’s had a good day out - it makes all the difference!.’ ‘The sessions relax her mind! Once Bella has been motivated she feels fulfilled.’ ## **SUCCESS AND ENJOYMENT OF RESIDENTIAL PROJECTS:** **70%** said very successful, **30%** successful ‘Eva loves it! Great mix of fun activities, day trips, sport and art projects etc. Very well thought-out activities.’ ## **HOW MUCH DO MISGAV’S ACTIVITIES HELP WITH YOUR DAUGHTER’S SENSE OF LONELINESS/ISOLATION?** She feels like Misgav is her family! F. loves to meet her friends. She feels rather isolated when she cannot join the sessions.’ **9** Over this past year, there have been remarkable and positive advancements to our daytime and respite services. In our daytime division, we have taken on managing work placements for 2 additional participants. We have added more courses to ensure they are gaining more skills, broadening their abilities for new and different types of work in the community. - _**1,405 hours of group**_ - _**programming delivered.**_ We have continued to deliver high quality sports and arts activities, week in, week out. With very specific and individualised targets, we have stretched the capabilities of our participants by gently encouraging them to go above their usual performance levels. Throughout our sports and life skills sessions, we have made healthy living a strong focus, thus enabling them to make healthier choices in their day-to-day decisions. ## **Who we work with** ## **Arts activities** ## **Advocacy and support for parent/ carers** » 22 learning disabled women – most with high support needs who also face barriers because of physical disabilities/mobility issues, from Hackney, Haringey and Barnet who access our ongoing daytime and respite services - » 46 music sessions - » 41 art therapy sessions In January 23, we realised that our finances were declining at an alarming rate. This was because many participants had very small/ no funding packages in place and were joining our activities at a very minimal rate. We therefore initiated a series of individual/group parent meetings to establish new guidelines. We explained that they can only access services they could pay for at their true cost, and should prioritise the services they need most. - » 44 creative arts sessions - » 12 fimo sessions » Additional 19 women, totalling 41 unique users per year, from across the UK accessing our residentials and daytrips. - » 28 creative Modelling sessions » Over 112 family members ## **Sports activities** » 90+ young people in the community working/ volunteering in our regular sessions and bi- annual residentials - » 45 netball sessions - » 29 swimming sessions » 7 additional support staff at residentials - » 33 cycling sessions We promised to advocate for bigger packages and secure initial packages for those who never had one. we continue this intensive work with a view to ensure Misgav’s long term sustanability without compromising our high-level of support that the parents and users are accustomed to and expect from us. - » 44 gym sessions » A team of 7 one-to-one support workers » 30 employers of local businesses/ shops and offices - » 48 dance workout sessions - » 12 spin biking sessions ## **Celebration events** ## **Independence and life-skills activities** 3 pop up shops at community Mall events showcasing and selling our own products created at Social enterprise sessions - » 40 gardening sessions at St. Mary’s Secret Garde n » 31 cookery sessions - » 41 social skills sessions _**In my role as volunteer on Sundays, I’ve watched Misgav grow over the past few years, from a fun and happening place to be, to a professional, fun and happening place to be!** BT, Gym volunteer_ - » 46 Social enterprise sessions - » 39 social activities and friendship groups ## _**4,658 hours of volunteering opportunities**_ _**4634 hours of one to one support delivered.**_ ## **Volunteers** - » 3 training events - » 1 large volunteer appreciation event - » Small volunteer group celebration events - » 1 volunteer recruitment event ## **Residentials and Bank Holiday trips and activities** - » 2 weeks residential in the summer - » 1 week residential in the winter - » 6 daytrips - » 2 bespoke half term programmes for users ## **Community Campaign** Large scale campaign aimed at the community, supporters and friends/ family of participants and staff. This brought in the phenomenal figure of £100,000 . **10** ## **EMPLOYMENT** Misgav’s employment programme has seen remarkable growth. We now providing services to even more users with a greater variety of placements. Their very specific and well-matched job placements are filling them with true satisfaction as they grow into their unique role at their jobs and find their niche in the community. The group sessions run as part of the programme teach skills and give users a social setting where they can interaact with their peers and be supported in a more relaxed setting. ## **Support Workers & Staff** ## **Work Skill group sessions** - » 38 IT sessions - » 1 Day Programme Manager - » 41 social skills sessions - » 13 support workers, supporting users at their jobs - » 46 social enterprise sessions - » 11 food packaging sessions - » 4 instructors for skill courses - » 5 project staff including clinical psychologist - » 5 young women as sessional keyworkers who helped out at some sessions. _**2651 hours of work placements**_ _**‘The participants arrive with enthusiasm each day reflective of how meaningful Misgav is to their lives’** FB 1:1 support worker at employment programme’_ **11** ## **GENERAL IMPACT OF OUR EMPLOYMENT PROGRAMME** **----- Start of picture text -----**
USER’S HIGH NEED IMPACT OF OUR
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Beth, aged 24 who is learning disabled and on the autistic spectrum, joined our IT course having had minimal access to a computer. We provided her with a tailormade programme to start learning the basic functions of Microsoft Office. Beth enjoys making comprehensive and aesthetic Power Point presentations and has learnt how to carry out google searches effectively for her projects. Another outcome of the IT course for Beth was that it reduced her acute isolation, now that she can keep in contact with friends via email. She has learnt how to send emails, communicating professionally. ‘I like using email because I can be in contact with my friends at a time that is convenient for me and for them.’ Expanded forms of communication have been an opportunity for Beth to widen her social network and improve communication skills. They have played an important role as Beth prepares to take on external job placement opportunities. ‘Before Sarah joined Misgav’ s work placements programme, she had nothing to do with her day and felt very unfulfilled and discouraged. Now, not only does she have what to do; she is thriving from the connections she has made with her employers and colleagues at her workplaces . Their work expectations infuse her with confidence and make her feel like a valued part of the working society. The fulfilment she is getting from her work, as well as the genuine compliments she receives, really boost her mood and self-esteem. We would be at a total loss if not for this excellent and well-managed programme - we are so grateful!’ **Mother of Sarah, Autistic user, aged 25** **12** ## **FINANCIAL REVIEW** This financial year (April 2022- March 2023) we have continued seeing an increase in the demand on our services compounded with the challenges of the cost-of-living crisis and the impact of increased activities’ delivery costs. Misgav’s income increased by £222,049. This is a remarkable accomplishment given the economic and fundraising climate. We have achieved this partly as a result of our first, very successful, community fundraising campaign which provided net income of £99,581. We also increased our income from the Local Authorities’ LD Services by £153,247 as result of advisory support to families and advocacy on their behalf in revisions of care plans and in securing for the first time social care support that our users are entitled to. Our grant/trusts funding decreased compared to last year by £22,651 but this was offset by restricted funds of £41,440 carried over from grants secured last year for this financial year’s expenditure. Overall, the grants/trusts fundraising income remains stable at £192,706 despite pressure on funds reported by funders and shifts to more welfare/crisis focussed fundings. Our expenditure rose by £192,109. The rise in expenditure was due to: extending staff capacity to ensure continuity of service quality and safety, bringing up sessional staff’s wages in line with responsibilities, costs of onboarding new users, our move to a bigger office with associated equipment purchases, a significant increase in delivery and associated support costs especially for sports and arts (45% increase) and residentials (75% increase) and extending our mental health/wellbeing support in line with growing needs. ## **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 5 months of running costs. The cash value of reserves this year remained the same as last year at £185,747 but due to increase of annual expenditure now stands at 3.4 months’ of running costs. Signed on behalf of the trustees: Mrs Yutta Domb 30 January 2024 **13** I report to the trustees on my examination of the financial statements of Misgav Trust (‘the charity’) for the year ended 31 March 2023. ## **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. ## **INDEPENDENT EXAMINER’S STATEMENT** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. 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 2024 **14** ## **STATEMENT OF FINANCIAL ACTIVITIES** For the year ending 31 March 2023 2023 **15** ## **STATEMENT OF FINANCIAL POSITION** ## As at 31 March 2023 ## **STATEMENT OF CASH FLOWS** As at 31 March 2023 These financial statements were approved by the board of trustees on the 30 January 2024 and are signed on their behalf by: Mrs Y Domb Chair 30 January 2024 **16** NOTES TO THE FINANCIAL STATEMENTS I. GENERAL INFORMATION Expenditure is classified under the following activity headings.. Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as thecosr ofanyactivities with a fundraisin9 purpose Expenditure on charitableartivities includesthecostsof activities and services undertaken ro lurtherthe purposes of the charity and their associated support costs o Other expenditure represents those items notfalling into anyother heading. Thecharity i5apublic benefrtentityanda re9iStered charityin Englandand Walesand is unlnc0￿rated. Theaddress ofthe principal office 1548 Northfidd Road, N16 5RN, London. 2.STATEMENT OF COMPLIANCE These financial statement5 have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic ol ITe1and', the statement of Recommended Pracbce appIl￿ble to charities PTeparing their account5 in accorthnce with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act AllO￿tIon of sUPPQrt C05ts Resources expended are allocatedto the particularartiviry wherethe cost relates dIr￿llyt0 thatactiviry. Support and governance costs are rtrallocated toeach of theactivities on thefollowing basiswhich isan estimate, based on staff, oftheamountattributableto each activity. 3. ACCOUNTING POLICIE5 0 Sports Activities26% o Arts Activities 19% o Residentia15 32% o Employment Support 23% Ba515 of preporn￿On Theaccount5 (financial 5t3tementsl have beeri prepared on the historical cost ba51 Publlc Benefit entity The charity meetsthedefinition of a public benefrtentityunder FRS 102. Governance costs arethecostsassociated with the governance arrangements ofthecharity.These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management ofthe charityiartivities. Golni Concem The trustees consider that there are no material uncertainries about the charitable company's abilityto continue a5 a going concem. The trustee5 do not consider that there are any Sources of estimation uncertainty at the reporting date that have a 5ignthcant risk of causing a material adjustment to the carrying arnountsofa55et5 and liabilitie5Wlthin the next reporting period. Deprerlatlon Depr￿latIOn is calculated so as to write off the cost or valuation of an asseL less its residual value, over the useful economic life ofthat assetas follow Income Incorne 15 recogni5ed when the chaiity ha5 entitlement to the fund5, any performance conditions attached to the incoffle have been met, it is probable that the income will be received and that the amountcan be measured ieliably. Income from government and other grants, ¥vhether'capital' grants or'revenue, grants, is recognised when the charity has entitlementto the fund5, any perfortnance conditions attached tothegrant5 have been met, it is probable that the incomewill be rece%ved and the amount can be measured reliably and 15 not deferred. Income received in advanceolthe provision ofa specffjed servKe is deferred until thecriteria lor incorne rKo9nition are rnet. Equipment 25% reducing balance 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 ofanytrade discounts due. Cash at bank and In hand Cash at bankand in hand includes cash and short term highly liquid investments witha short maturityof three months or le55 from the date of acquisirion or opening of the deposir or similar account. Cash balances excludeanyfunds held on behalfof serwce users. Interest receivable Interest on fund5 held on dep051t15 included when rKeivableand the aTnouDtcan be tnea5ured reliably bythe charity,thi5 15 nortnally upon notifi£ationofthe interest paid or payable bythebank. Credltors and prov551ons Creditors and provisions are recognised where the charity has a presenr obligation resulting from è past evenr thatwill probably result in the transfer of funds to 8 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 afterallowingfr)r any rrade discounts due. Fund accounting Re5trictedfund5aTe to be u5edforspecificpurp05esas laiddowri bythedonor. Expenditurewhich meet5 these criteria 15 charged io ihe fund. Unrestricted fund5 are donation5 and other incoming resource5 received or generated for the charitable purp05e5. Designated funds are unre5triaed funds earrnarked bythe tru5teesfor particular purposes. Expenditure Expendiiure 15 recognised once there is a legal or constructive obligation to rnakea payment to a third party, it Is probable that 5ettlernent will be Tequired and the amountofthe obligation be measured Flnandal Instr￿nts 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 inter&st method. 17 4. DONATION5 AND LEGACIE5 Unre5trirted Funds Restrirted Funds TIAal Funds 2023 London City Airport LloydsTSB Medl Cash Mounlesr FoJndatlon NHS Healih Queens Platinum Jubilee AdivityFund Reaching Communitie5 Solace WomansAid 2,250 2250 30mO Donations Donation5 Grants Grants recewable 106,599 1¢￿599 275 14,568 178,138 192,7C 41,761 s,000 3.000 9NO 1.700 4,000 3,000 1,500 lOmO 178.138 299,305 Sport England sported FoundatSon The ChildwiikTrust The Field FamilyCharityTrust The Hiscox Foundation The Joseph and Llllian SullyFoundarion The London Community Fund The National LotieryTrusr The P05tcode SocietyTru5t The Respite A550ciation The 5emble GrassrootsTtust The sieven Bloch ImageTYust The siockwell Cllffe ThisGlrl Can stage 2 Isport England) Walking and Cycling TotaLGrant5 R￿￿Ved.. UnTestricted Fund5 Restrirted Funds Totsl Fund5 2022 Donatfjons Donation5 Grants GTants recewable 4,614 4ffj14 ionoo 4,000 211,357 215,357 10,000 10,000 25mO iOXK#) iOXK#) 25 8,614 211,357 219,971 UnitstridÈdFunds Resti￿ted Funds T¢)ts12023 Totsl 2022 9,500 TheEva GreenbergTrust Charltable Donarions Cotnmunity DonationslCharitytsmp3ignl Total incomefioffl Donation5 aThJ Legac￿￿.. Charltable Acttv Parental CoDtribution5 8oTough ofHackneyènd Haringry LD Service5 Total Charitable Actwitie5'. 143 106.456 lQb1599 143 106.456 19Z706 215,357 1.613 4613 5. CHARITABLE A￿1VITIEs 822 34&2 347.066 822 346244 3471 Unrestrirted Totsl Funds Funds 2023 Unrestricted Funds Total Funds 2022 192997 204352 r*ants Rerelved.. 29th May AccessFoundatio Other incomefrom lQ508 2(X) 10506 2W 347,067 347.IX$7 204,352 204,352 1500 750 &960 6. COSTS OF RAISING DONATIONS AND LEGACIES Unrestricted Totsl Funds Funds 2023 8ar(he51eT 8aTnetGiant Unrestricted Funds Total Funds 2022 CityBiidgeTnJ5r CLACharitable Trust CoTnpa55 Wellbeing CSTGiants David Solomons De Brye 4.568 47.720 1500 9.333 1067 5U86 2500 9333 31x7 Cost5 of raising donations and legacies- Donations 1,728 750 31,414 31.414 33,463 33,463 &500 3.834 8500 9.623 EMDUK HackrbeyGiving &300 &425 8A25 Locality Lorbdon Catalyst Foundatio 18 |||||||||6,201
1,418
22,064
20,068
7,271
2,989
1,891
808
35,355
16,511
38,712
34,436
5,832
4,494
95,691
69,573
861
790
240
48
34,395
31,583
317,366
222,972
43,727
45,061
7,296
5,454
616,902
456,205
**616,902**
**456,205**||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||| |||1,591
4,624
1,563
11,565
11,768
37,985
5,784
98,553
8,378
1,619|1,787
5,894
497
9,457
8,469
18,857
4,015
71,594
7,867
845||965
3,998
5,211
8,967
15,887
30,699
5,542
57,884
15,895
3,874|1,858
7,548
1,891
5,366
2,588
5,832
8,150
861
240
19,054
89,335
11,587
958||||||| |||183,430|129,281||148,922|155,269||||||| |||69,871|35,712||49,686|-155,269||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||**253,301**|**164,993**||**198,608**||**0**|||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| **19** Total funds carried forward At 31 Mar 2023 **20** ## **LEGAL AND ADMINISTRATIVE DETAILS** **Registered charity name Registered charity number Registered office address** **Telephone number Website Email address** **Trustees** **Independent examiners** **Bankers** Misgav 1125362 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 TSB Bank PLC 174 Clapton Common London E5 9AQ pixelgrouplondon@gmail.com **21**