| Page | |||||
|---|---|---|---|---|---|
| Letter from our Chief Executive and Founder | |||||
| Message from our Patron | |||||
| Trustees' annual report (incorporating |
the | director's | report | ||
| Independent examiner's report to the |
trustees | 23 | |||
| Statement offinancial activities (including | income and expenditure | account) | 25 | ||
| Statement offinancial position |
26 | ||||
| Statement ofcash flows | 27 | ||||
| Notes to the financial statements | 28 |
| Broad Oak Trust | Livelyhood Pubs |
||||
|---|---|---|---|---|---|
| Bureau of Silly Ideas | London Community | Foundation | |||
| Cawston Press |
London Youth | ||||
| Charbonnel et Walker |
Michael &Betty | Little Trust | |||
| Children in Need |
Mighty Hoopla | ||||
| Engineering Education |
Grants Scheme | Nature Vibezzz |
|||
| G-Tennis | NFL Foundation | ||||
| Global's Make Some | Noise | Nike UK | |||
| Greater London Authority | Pipeline Trust | ||||
| Goldman Sachs |
Pizza Pilgrims | ||||
| Guys &St Thomas' | PwC | ||||
| GVC Fund | RRAF Charitable | Trust | |||
| Incredible Edible Lambeth |
Shaftesbury Young |
People Trust | |||
| Invesco | Sport England | ||||
| Jack Petchey Foundation | UK Youth Thriving | Minds | |||
| Jo Malone | Vinci Foundation | ||||
| Lambeth Council |
Visit London Taxi | Tours | |||
| Lambeth Integrated |
Children' s | Walcot Foundation | |||
| Commissioning | |||||
| Latham &Watkins | Worshipful Company ofLeathersellers |
||||
| Le Gavroche | Livelyhood Pubs |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | E | E | E | ||||
| Income and endowments | |||||||
| Donations | and legacies | 5 | 315,673 | 318,855 | 634,528 | 361,535 | |
| Charitable | activities | 6 | 6,659 | 6,659 | 8,852 | ||
| Activities for generating | funds | 7 | 25,956 | 25,956 | 33.212 | ||
| Total income | 348,288 | 318,855 | 667,143 | 403,599 | |||
| Expenditure | |||||||
| Expenditure | on raising funds: | ||||||
| Costs | of raising donations | ||||||
| and legacies | 8 | 1,538 | 1,538 | 564 | |||
| Expenditure | on charitable | ||||||
| activities | 9,10 | 286,555 | 255,146 | 541,701 | 423,175 | ||
| Total expenditure | 288,093 | 255,146 | 543,239 | 423,739 | |||
| Net income/(expenditure) | and net | ||||||
| movement | in funds | 60,195 | 63,709 | 123,904 | (20,140) | ||
| Reconciliation offunds | |||||||
| Total funds | brought forward | 107,865 | 3,591 | 111,456 | 131,596 | ||
| Total funds | carried forward | 168,060 | 67,300 | 235,360 | 111,456 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | 6 | ||||
| Fixed assets | |||||
| Tangible fixed assets | 16 | 17,139 | 23,756 | ||
| Current assets | |||||
| Debtors | 17 | 8,794 | 1,423 | ||
| Cash at bank | and in | hand | 212,076 | 89,034 | |
| 220,870 | 90,457 | ||||
| Creditors: amounts | falling due within one year | 18 | 2,649 | 2,757 | |
| Net current | assets | 218,221 | 87,700 | ||
| Total assets | less current liabilities | 235,360 | 111,456 | ||
| Net assets | 235,360 | 111,456 | |||
| Funds ofthe | charity | ||||
| Restricted funds | 20 | 67,300 | 3,591 | ||
| Unrestricted | funds | 20 | 168,060 | 107,865 | |
| Total charity | funds | 235,360 | 111,456 |
| on | 18September 2023, and ar | e signed on behalf ofthe board by: |
|---|---|---|
| n | - /k=L lE Signed on 25109/23 55 15:26 |
IfL; +dL~ Signed on 20 9l23651526 |
| Michelle Tuft - Chairman | Mr Nimesh Christie - Treasurer |
|
| The Notes to the Financial Statements form part ofthese financial statements |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | ||||
| Cash flows from operating | activities | |||
| Net income/(expenditure) | 123,904 | (20,140) | ||
| Adjustments for: |
||||
| Depreciation oftangible fixed assets |
6,617 | 10,258 | ||
| Accrued (income)/expenses | (8,070) | 456 | ||
| Changesin: | ||||
| Trade and other debtors | 129 | (317) | ||
| Trade and other creditors | 462 | (3,967) | ||
| Cash generated from operations |
123,042 | (13,710) | ||
| Net cash from/(used in) operating activities |
123,042 | (13,710) | ||
| Cash flows from investing | activities | |||
| Purchase oftangible assets | (7,100) | |||
| Proceeds from sale oftangible assets | 1,728 | |||
| Net cash used in investing | activities | (5,372) | ||
| Net increase/(decrease) in cash and cash equivalents |
123,042 | (19,082) | ||
| Cash and cash equivalents | at beginning | ofyear | 89,034 | 108,116 |
| Cash and cash equivalents | at end ofyear | 212,076 | 89,034 |
| Motor vehicles | Motor vehicles | 25/0 reducing | balance |
|---|---|---|---|
| Equipment | 33%straight | line | |
| Impairment | offixed assets |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| f | f | f | ||
| Donations | ||||
| Donations | 300,994 | 318,855 | 619,849 | |
| Donated | goods | 8,500 | 8,500 | |
| Donated | services | 6,179 | 6,179 | |
| 315,673 | 318,855 | 634,528 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2021 | ||
| f | f | f | ||
| Donations | ||||
| Donations | 186,805 | 172,480 | 359,285 | |
| Donated | goods | 2,250 | 2,250 | |
| 189,055 | 172,480 | 361,535 |
| Unrestricted | Restricted | Total | Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| f | f | f | |||
| Performance-related | grants | 6,659 | 6,659 | ||
| Unrestricted | Restricted | Total | Funds | ||
| Funds | Funds | 2021 | |||
| f | f | f | |||
| Performance-related | grants | 5,642 | 3,210 | 8,852 |
| Unrestricted | Restricted | Unrestricted | Restricted | |||
|---|---|---|---|---|---|---|
| Funds 2022 | Funds 2022 | Funds 2021 | Funds 2021 | |||
| 6 | 6 | 6 | 6 | |||
| Sailing | appeal/lunch | 4,236 | 13,945 | |||
| Annual | quiz | 10,656 | 7,060 | |||
| Marathon | 3,538 | |||||
| Challenge | events | 2,661 | ||||
| Cook off | event | 3,841 | ||||
| Other | fundra ising events | 7,223 | 6,008 | |||
| 25,956 | 33,212 |
| Unrestricted | Restricted | Unrestricted | Restricted | ||
|---|---|---|---|---|---|
| Funds 2022 | Funds 2022 | Funds 2021 | Funds 2021 | ||
| 6 | 6 | 6 | 6 | ||
| Costs of raising donations | and | ||||
| legacies - Donations | 1,538 | 564 |
| Unrestricted | Restricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||||
| f | f | E | |||||
| Charitable activities |
204,270 | 255,146 | 459,416 | ||||
| Support | costs | 82,285 | 82,285 | ||||
| 286,555 | 255,146 | 541,701 | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| f | f | f | |||||
| Charitable activities |
173,275 | 185,630 | 358,905 | ||||
| Support | costs | 64,270 | 64,270 | ||||
| 237,545 | 185,630 | 423,175 | |||||
| Expenditu | re | on charitable | activities | ||||
| 2022 | 2021 | ||||||
| f | |||||||
| Staff costs | 114,484 | 95,547 | |||||
| Employer's | NIC | 22,407 | 15,201 | ||||
| Outreach | workers | 160,725 | 112,140 | ||||
| Travel | 1,431 | 8,457 | |||||
| Programme | delivery | 136,129 | 93,499 | ||||
| Venue hire | 6,533 | 1,538 | |||||
| ITequipment | and software | 4,060 | |||||
| Printing | and | postage | 2,093 | 724 | |||
| Insurance | 3,684 | 3,446 | |||||
| Training | and | D85 checks | 2,156 | 1,497 | |||
| Motor vehicle | depreciation | 5,714 | 7,420 | ||||
| Profit on | disposal of motor | vehicle | (5,342) | ||||
| Support | costs | (note 11) | 82,285 | 89,048 | |||
| 541,701 | 423,175 |
| Total 2022 | Tota I2021 | ||
|---|---|---|---|
| E | |||
| Staff costs | 74,682 | 76,842 | |
| Premises | 1,560 | ||
| Communications and IT |
6,571 | ||
| Legal and professional | 720 | 637 | |
| Independent examiner's |
fee | 630 | 600 |
| Computer hardware and |
software depreciation | 903 | 2,838 |
| Donated services —advertising |
1,350 | ||
| Donated services - legal | and PR services | 4,000 | |
| 82,285 | 89,048 | ||
| Net income/(expenditure) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 2022 | 2021 | ||
| E | |||
| Depreciation oftangible |
fixed assets | 6,617 | 10,258 |
| follows: | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Wages and salaries | 181,392 | 165,347 | |||
| Social security costs | 22,407 | 15,201 | |||
| Employer | contributions | to pension | plans | 7,774 | 7,042 |
| Outreach | workers | 160,725 | 112,140 | ||
| 372,298 | 299,730 |
| The average | The average | head | count of employees | count of employees | during the | during the | year was 20 (2021:19).The | year was 20 (2021:19).The | average |
|---|---|---|---|---|---|---|---|---|---|
| number | offull-time | equivalent | employees | during the year is analysed | as follows: | ||||
| 2022 | 2021 | ||||||||
| No. | No. | ||||||||
| 11 | 9 | ||||||||
| 9 | 8 | ||||||||
| 20 | 17 |
| Motor | |||
|---|---|---|---|
| vehicles | Equipment | Total | |
| E | E | E | |
| Cost | |||
| At 1January 2022 and 31December 2022 | 31,818 | 19,335 | 51,153 |
| Depreciation | |||
| At 1January 2022 | 8,965 | 18,432 | 27,397 |
| Charge for the year | 5,714 | 903 | 6,617 |
| At 31December 2022 | 14,679 | 19,335 | 34,014 |
| Carrying amount | |||
| At 31December 2022 | 17,139 | 17,139 | |
| At 31December 2021 | 22,853 | 903 | 23,756 |
| 17. | Debtors | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | ||||||
| Prepayments | and | accrued income | 8,794 | 1,423 | ||
| 18. | Creditors: amounts | falling due within one year | ||||
| 2022 | 2021 | |||||
| f | f | |||||
| Accruals and | deferred | income | 774 | 1,344 | ||
| Pension creditor | 1,875 | 1,413 | ||||
| 2,649 | 2,757 |
| Unrestricted funds |
||||
|---|---|---|---|---|
| At | At | |||
| 1January | 31December | |||
| 2022 | Income | Expenditure | 2022 | |
| f | f | f | f | |
| General funds | 107,865 | 348,287 | (288,093) | 168,060 |
| Restricted funds | ||||
| At | At | |||
| 1January | 31December | |||
| 2022 | Income | Expenditure | 2022 | |
| f | f | E | f | |
| Funds for specific projects | 3,591 | 318,855 | (255,146) | 67,300 |
| Unrestricted funds |
||||
|---|---|---|---|---|
| At | At | |||
| 1January | 31December | |||
| 2021 | Income | Expenditure | 2021 | |
| f | f | E | f | |
| General funds | 118,065 | 227,909 | (238,109) | 107,865 |
| Restricted funds | ||||
| At | At | |||
| 1January | 31December | |||
| 2021 | Income | Expenditure | 2021 | |
| E | E | E | E | |
| Funds for specific projects | 13,531 | 175,690 | (185,630) | 3,591 |
| 21. | Analysis ofnet asset | s between funds |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| 6 | 6 | 6 | |||
| Tangible fixed assets | 17,139 | 17,139 | |||
| Current assets | 153,570 | 67,300 | 220,870 | ||
| Creditors less than 1year | (2,649) | (2,649) | |||
| Net assets | 168,060 | 67,300 | 235,360 | ||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| 6 | 6 | 6 | |||
| Tangible fixed assets | 23,756 | 23,756 | |||
| Current assets | 86,866 | 3,591 | 90,457 | ||
| Creditors less than 1year | (2,757) | (2,757) | |||
| Net assets | 107,865 | 3,591 | 111,456 | ||
| 22. | Analysis ofchanges | in net debt | |||
| At | |||||
| At 1January | 31December | ||||
| 2022 | Cash flows | 2022 | |||
| f | f | E | |||
| Cash at bank and in | hand | 89,034 | 123,042 | 212,076 |