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||||||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|
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|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|||
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||||||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|
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|||||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||
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||||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|
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|Motor vehicles|Motor vehicles|25/0 reducing|balance|
|---|---|---|---|
|Equipment||33%straight|line|
|Impairment|offixed assets|||
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|||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|
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||||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||
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||||||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|
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|||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|
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|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|
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|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|
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||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|
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|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|
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|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|
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|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|
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|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|