2021-07-31-accounts - Mercy Foundation Centre

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Charity information
Trustees' Aa riu el Report
independent Accountant's	Report
Statement of Financial Activities		10
Income and Expenditure	account	12
Balance sheet		13
Notes tothe accounts		14

The finanwal	position ofthe chanty at 31 July 2023	and	comparatives	for the prior period. as
mom fully detailed	in ine accounts, cari be summa	need	as follows—
			2024	2029
			6	6
Net Income			3.649	I3.379
Unrestricted Revenue Funds availsble for the general purposes ofthe charity			47,467	43.309
Total Funds			47437	43 609

			&ORp Ru	Current year unrestilctsd	Current year Restricted	Current year TotslFunds	Prior Year Total Funds
				Funds	Funds
				2021	2s2l	2021	2020
				0	2
Income 6Eridowments		from'.
Donations &Legacies			A1	45,157		45,167	43,039
Investmenls			A4				100
Total income			A	45,167		45,187	43,139
Expenditure on.
Raising funds			Bl	4,940		4,940	2,231
Ohsnlable sctivties			B2	5.007		5,007	3,379
Other			B3	31,571		31,571	24,150
Total expenditure			8	41,51&		41,518	29,780
Net income for the year				3,849		3,649	13,379
Net income after transfers			A-BW	3,649			13,379
Net movement in funds				3.649		3,649	13,379
Reconciliation offunds:-			E
Total funds brought	forward			43,809			30,431
Tots I funds carried forward				47,458		47,45&	43,&10

Mercy Foundation	Mercy Foundation	Mercy Foundation	Centre	Centre	Centre	~Resources applied	~Resources applied	the year ended 31July	the year ended 31July	2021	towards
fixed assets		for Charity use:-
									2021		2020
										6	6
Funds generated		in the	year		as detailed		in lhc SOFA			3,649	13,379
Net resources		available			tofund charitable activities					3,649	13,379
The notes	attached		on	pages		14to 24 form an integral		part ofthese	accounts.
Movements		In revenue and capital funds for the						year ended 31July 2021
Revenue accumulated				funds
							Unrestricted	Rcclriclcs	Total		Last year
							Funds	Funda	Funds		Tcfal Funds
							2021	2021	2021		2020
											2
Accumulated	funds brought				forward		43,809			43,809	30,431
Recognised	gains snd		losses before				3,649			3,649	13,379
transfers
							47,450			47,450	43,810
Closing revenue funds							47,450			47,45$	43,810
Summary	of	funds					Uhlsstnclcs	Rcctrrctcd	Tcic I		Lect Year
							acs	Funds	Funds		Tclsl Funds
							Desiccated funda
							2021	2021	2021		2020
							2	2
Revenue ccbumulslcd			funds				47,458			47.450	43.816

Companies Act 2DDS
						2021	2020
						r.	E
Income
Income from apsrstians						45,167	43,039
Refunds from HMRC on gift aided dansiians
Investment income
Income from investments.	other than	interest	receivable				100
Gross Income in the year	before exceptional		items			45,167	43,139
Gross Income in the year	including	exceptional		items		45,16T	43,139
Expenditure
Chaniable expsndsure, excluding deprecation			and	amartisstion		(103)	(4,056l
Depreciation and amorlisatian						840	4,965
Fundraising costs						4,940	2.231
Governance costs						4,270	2,470
Other expsndiiure						31.571	40,300
Realised lasses on dispossis ofsocial investments				which are programme	related
Total expenditure Inthe year						41,510	53,910
Nst income before tax In	the ensncial year					3,649	(10,771)
Tax on surplus on ordinary	activities
Net Income after tax in the financial		year				3,640	(10,771(
Retained surplus for the financial		year				3,640	~10,771
Ae activities derive fram	continuing	operations

				SORP	SORP	SORP
			Note	Ref							2021						2020
											8						6
Fixed assets					A
intangible assets			9		A1
Tangible assets			10		A2						1,002						1,842
Total flzifd assets											1,002						1,842
Current assets					8
Cash at bank and in hand					84			47.306						42,817
Creditors: amounm falfing due within
one year			11		C1			(850)
Net curmnt assets											46,456					41,967
The total net assets of	the charity										47,458
The total net assets of	the charity	are funded		by the funds				ofthe		charity, as follows. '-
Restricted funds
unrestricted Funds
Unrestncted Revenue Funds			14		D3			47,458						43,809
I3esignated Funds										47,458						43,809
Totat charity funds										47,458
The 'SORP Ref' indicated	above is the classification				of	Balance Sheet				items	as set out in		the formal SORP
documents. As required have been agreed to the	by paragraph SOFA..	4.60ofthe		SORP,			the brought			forward	and cerned		forward		funds	above
The directors are satisfied that the company is entxted under section 477ofthe Companies Act2006.						to	exemption		from the requirement				to obtain an			audit
The member has not required the company to obtain an audit								in accordance			with secbon		476 of the Ack
The directors acknowledge their responsibilities for complying vwth the requirements with respect to accounung records and the preparauon ofaccounts.												ofthe		Compsmes		Act	2006
The charity is subject to Examiner is on page 9.	Independent	Examination			under		charily legislation,				and the	report		ofthe	Independent
The financial statements have been prepared 2006.applirabls to companies subject to the			in accordance mlh the provisions in Part 15ofthe small companies regime.												Companies		Act
V ROPNEY
Trustee
Approved by the board of Irustees on		14 July	2022
The notes attached an pages 14to		24 lorm	an	integral			part	ofthese accounts.

Trustees' expenses
The expenses reimbursed		tc trustees, cr
paid directlytc third parsee,		in the current or
prior year, wae as shown	below.
							2021	2020
								k
The amount reimbursed	to	trustees					3,670	2,000
The nature ofthe uusteed		expenses wes travel and subsistence
The number oftrustees' to		whom expenses were reimbursed	wss	1
Intangible Fixed Assets							2021	2020
							E
Leasehold:
Cosf
At I August 2020							35,095	35,095
At 31July 2021							35,095	35,095
Amordearfen
At 1 August 2020							35,095	31,588
Provided during the year								3,507
At 31 July 2D21							35,095	35,095
Net book value
Tangible fixed assets
Current Year			Land and		Plant	8	Motor
			Buildings		Mashlnery		Vehicles
					E
Cost
At 1 August 2020					14,589			14589
At 31July2021					14,559			14,589
Depreciation
At 1 August 2D20					12.747			12,747
Charge for the year						840		840
At31 Juiy2021					13,557			13,557
Net book value
At31 July 2021					1,002			1,002
Al 31July 2020					1,S42			1,842

	Prior Yssr			Land and Buildings	Plant 8 Mach(Defy	Motor Vehicles	Motor Vehicles	Total
					f
	Cost
	01 August 2019				14,589			14,589
	31 July 2020				14,580			14,589
	Depreciation
	01 August 2019				11.289			11,289
	Charge for the year				1.458			1,458
	31 July 2020				12,747			12,747
	hist book value
	31July2020				1,842			1 S42
	01August 2019				3,300			3,300
11	Creditors: amounts	falling due within one year					2021 f	2020
	Accruals						850	850
12	Income and Expenditure		account summary				2D21	2020
							r.
	At 1 August 2020					19,660		36,431
	Surplus after lax for the	year				3,649		(10,771)
	At 31July 2021					23,309		19,660
13	Particulars ofhow particular funds are represented			by assets and	liabilities
	At 31July 2021			Unrestiislsd	Designated	Reouicleil		Total
				flllilist	fundst	funds f		Fundsf
	Tangible Fixed Assets			1,002				1,002
	Current Assets			47,306				47,306
	Current Liabilities			(850)				(850)
				47.458				47,458
	At 1 August 2020			uhlesuioleil	Designated	Restricted		Total
				fundsf	luodo 5	fundst		Funds f
	Tangible Fixed Assets			1,842				1,842
	Currant Assets			42,817				42,817
	Current LiabiliTies			(850)				(850)
								43,80a

Change in	total	fu	nds o	ve	r the	year as shown in Note 13,anelys	year as shown in Note 13,anelys	ed by individ	ed by individ	ed by individ	ual funds
						Funds		Movement ln			Transfers	Funds carried
						brought		funds		ln 2021	between	forward to
						forward from					funds in 2021		2022
							2020
								Sse	Nots 15		See Note 0
										f	f
Vnrestrlcted	snd designated				funds;-
Unresii icted	Revenue		Funds				43,509			3,640			47,450
Total unrestricted		and designated				funds	43,009			3,549			47 458
Total charity	funds						43,SSS			3,840			47,458
Analysis of movements				In	funds over the year as shown		in Note	14
											Other
						Income		Sxpenditure			Gains 0	Movement
											Losses	ill	toads
						2021			2021		2021	2021
							5			r.	f		f
Vnmstrlcted	snd designated				funds:-
IJnrestricted	Revenue		Funds				45,167			i41,518)			3,549

Donations, Gra	nts and Leg	acies
			Current year Vnrestrlcte	Current year Restricted	Current year Tot I	Prior Year Total
			d Funds	Funds	Funds	Funds
			2021	2021	2021	2020
			E	E	E	E
Donations and gifts from individuals
Refunds fram HMRC on giR aided donations
Total donations individuals	snd gifts from		24D		240
			Current year	Current year	Current year	Prior Year
			Unrestrfcte	Restricted	Total	Total
			d Funds	Funds	Funds	Funds
			2021	2021	2021	2020
				E	E	E
Revenue grants	from government
snd public bodies
Business Support Grant						10,000
Total public sector revenue		grants				10,000
			Current year unrestrlcte	Current year Restricted	Current year Total	Prior Year Total
			tlFunds	unde	Funds	Funds
			2021	2D21	2021	2020
			E		E
Revenue gmnts	and donations
from non public	bodies
CAFI- Talk Talk			9,000		9,000
Paddington Development			34,127		34,127	13,501
Good Things Foundation			1,800		1,800	8,748
Nat ione I Lottery						9,845
Total private sector revenue		grants	44,927		44,927	32,094

Revenue grants	and donations	from non public bodies (Include	Gift Aid donations from	Gift Aid donations from
subsidiaries)	-Prior Year analysis
		Prior Year	Prior Year	Prior Year
		Unrestricte	Restricted	Total
		d Funds	Funds	Funds
		2020	2020	202D
		0

	Total Donations,	Total Donations,	Grants snd	Grants snd	Grants snd	Legacies
	Total Donations, Legacies		Grants and			45,167		45	167	43039
10	Investmerrt	Income
						Current year	Current year	Current	year	Prior Year
						Unrestrtcte	Restricted	Toial		Total
						0Funds	Funds	Funds		Funds
						2021	2021	2021		2020
						5	5	5		0
	Properly Rental Income									100
	Total investment		income			A4				100
19	Expenditure	on	charitable		activities - Direct spending
						Current year	Current year	Current	year	Prior Year
						Unrestricte	Restricted	Total		Total Funds
	Current Year					d Funds	Funds	Funds
						2021	2021	2D21		2020
						5		2
	Supplies for	homework		club		737			737	9D9
	Total direct	spending				e2a 737			737	909

			Current year	Current year Current year	Current year Current year	Prior Year
			Unrestricte	Restricted	Total	Total Fund,
Current Year			d Funds	Funds	Funds
			2021	2021 f	2021 5	2020 5
Volunteer costs
Volunteers' expenses			10,835		10,835	5,175
Training and welfare - volunteers			584		584	120
Travel and subsistence - volunteers						179
Premises Expenses
Rent, Rates and water charges Light heat and power Premises repairs, renewals and maintenance			9,577 1,009 7,000		9,577 1,009 7,000	9,D74 1,D56 1,828
Administrative overheads
Telephone, fax snd mternet Postage			1,199 20		1,199 20	1,175
Advertising snd marketing			50		50	110
Lisbilty and contents insurance			417		417	4D4
Professional fees paid to	advisors other than the auditor orexaminer
Other legal and professional			40		40
Financial costs
Oeprsciahon &Amortisation	in total				840	4,965
Support costs before reagocation			31,571		31,571	24,15D
Less support costs reallocated		to specific activities
To non chantable costs			(31,571)		(31,571)	(24,150)
The basis of sllocahon ofcosts between			activities is described under	accounting	polioes
						(24,150)

22	Total Charitable	Total Charitable	expenditure	expenditure
							Current year		Current year	Current year	Prior Year
							Unrestricte		Restricted	Total	Total Funds
	Current Year							d Funds	Funds	Funds
								2021	2021	2021	2020
									E	E	E.
	Total direct	spending			BZa			737		737	909
	Total Governance		costs		82e			4,270		4,270	2,47D
	Total charitable		expenditure		S2			5,007		5,0D7	3,379
	AD the expenditure		in the prior		year was unrestricted.
							Prior Year		Prior Year	Prior Year
							Unrestricte		Restricted	Total
	Prior Year							d Funds	Funds	Funds
								2020f	202D E	2020 E
	Total direct	spending			82a			909		909
	Total Governance		costs		82e			2,470		2,419
	Total charitable		expenditure		82			3,319		3,379
23	Expenditure	on raising funds			and costs ofinvestment			management
							Current year		Current yearCurrent year		Prior Year
							Unrestricte		Restricted	Total	Total Funds
	Cun ant year							d Funds	Funds	Funds
								2021	2021	2D21	2020
								E	E	E	E
	Agent's costs for		fundraising					4,940		4,940	2,231
	Total fundra	ising costs			81			4940		4940	2,231
	AD the expenditure		in the prior year was			unrestricted.
24	Other trading expenditure			unrelated		tofundraising	or charitable		activities
							Current year		Current year	Current year	Prior Year
							Unrestriote		Restricted	Total	Total
								d Funds	Funds	Funds	Funds
								2021 f	2021	2021	2020 E
	Reallocated	from	support costs					31,571		31,571	24,150
	Non charity	expenditure			83b			31,571		31,571	24 150

	other trading expenditure	unrelated	or charitable	activnies	-Prior Year analysis	-Prior Year analysis
			Unrestricte	Restricted	Total
			d Funds	Funds	Funds
25	Total ofother expenditure
			Current year	Current year	Current year	Prior Year
	Current Year		Unrestricte d Funds	Restricted Funds	Total Funds	Total Funds
			2021 f	2021 f	2021 f	2020 F.
	Non charity expenditure		31,571		31,571	24,150
	Tots Iother expenditure	63			31,571	24,150
	All the expenditure in the prior year was unrestricted.
			Prior Year	Prior Year	Prior Year
			Unrestrlcte	Restricted	Total
	Prior Year		d Funds	Funds	Funds
			2020f	2020f	2020f
	Non charity expenditure		24,150		24,150
	Total other expenditure	63	24,150		24,150