| Page | |||
|---|---|---|---|
| Chairman's Report |
|||
| Treasurer's Report |
|||
| Report of the Trustees | 3 to | 9 | |
| independent Esaminer's |
Report | l0 | |
| Statement of Financial | Activities | ll to |
l2 |
| Statement of Financial | Position | 13 to | 14 |
| Notes to the Financial Statements | IS to | 25 | |
| Detailed Statement ofFinancial Activities | 26 to | 27 |
| FOR TH | E YEAR E | NDED 31MA | RCH 2023 | ||
|---|---|---|---|---|---|
| 31.3.23 | 3I.3.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| hlotes | 5 | 2 | |||
| INCOME FROM Grants |
42,004 | 240,026 | 282,030 | 436.248 | |
| EXPENDITURE ON | |||||
| Charitable activities City Bridge Trust VVave 2 National Lonery, Panncrships Fund Power to Change LBIVCS Core LBI Local Initiative Fund LBIMatch VVCG |
51,687 854 |
195,500 8 6436 |
195,500 8 51,687 6,336 854 |
(2,894) 177,918 47.443 1,6i5 |
|
| Islington Council. Ilighbury Quadrant Gardens I.BI Andover inspires Groundwork. Grow Back Greener |
17,601 103 |
17,601 103 |
14,792 25,720 |
||
| Islington Council. Community Growing Strategy |
610 | 610 | 5,616 | ||
| LBIEstates Growing and Community Nursery Elizabeth House Blackstock Trust City Bridge Trust Bridging Divides Climate Action Fund |
Plant | 15,0$4 5,'780 34,832 19,048 |
15,084 5,780 34,832 19,048 |
6,442 4,464 41,705 67,907 |
|
| North I.ondon Waste Authority, North I.ondon Community Fund Breathe PHE Mental Health Royal Mencap Society LBI - I.IF Super Stew Warm Spaces |
8,711 4,069 6,779 6,000 18,000 |
8,711 4,069 6,779 6,000 18,000 |
6,2$9 2,936 8,350 |
||
| Voluntary Action Islington. Local Wcllbeing Netrvorks |
2,410 | 2,410 | |||
| Hitldrop Community Centre. Grecning |
the | 600 | 600 | ||
| Grey Packington |
3,803 | 3,803 | |||
| Hornsey Lane Estate Community Centre, Tollyrise Gardens |
4,000 | 4,000 | |||
| Total | 52,541 | 349,274 | 401,815 | 408,303 | |
| NET INCOME/(EXPENDITURE) | (10,537) | (109,248) | (119,785) | 27,945 | |
| RECONCILIATION OF FUNDS Total funds brought forward |
133,516 | 218,825 | 352/41 | 324,396 |
| 31.3.23 | 31.3.22 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Notes | funds f |
fund I |
funds | lunds f |
||||
| TOTAL | FUNDS | CARRIED | FORWARD | I22,979 | I09,577 | 232,556 | 352.341 |
| STATEMENT | OF FINANCIAL POSITION | |||
|---|---|---|---|---|
| 31MARCH 2023 | ||||
| 31.3.23 | 31.3.22 | |||
| Notes | g | f | ||
| FIXEDASSETS | ||||
| Tangible assets | 10 | 5,556 | 7,047 | |
| CURRENT ASSETS | ||||
| Debtors | 31,056 | 26,569 | ||
| Cash at bank | 212,163 | 336,799 | ||
| 243319 | 363,368 | |||
| CREDITORS | ||||
| Amounts falling due within |
onc year | 12 | (16.219) | (18,074) |
| NET CURRENT ASSFTS | 227,000 | 345,294 | ||
| TOTAL ASSETSLESS CURRENT | ||||
| LIABILITIES | 232,556 | 352,341 | ||
| NET ASSETS | 232,556 | 352,341 | ||
| FUNDS | ||||
| Unrestricted funds |
122,979 | 133,516 | ||
| Restricied funds |
109,577 | 218,825 | ||
| TOTAL FUNDS | 232,556 | 352,341 |
| GRANTS | |||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| 8 | f | ||
| National Lottery, Partnerships Funds Miscellaneous Income |
117,737 2,000 |
224,837 4,359 |
|
| City Bridge Trust, Bridging Divides Islington Council, Community Growing Strategy Evening Standard Dispossessed Fund Islington Council Islington Council, Community Plant Nursery dr Estate Growing Groundwork. Grow Back Greener |
40,549 4,938 75,270 8,794 7,343 |
47375 (300) 113,986 13,450 7,343 |
|
| Elizabeth House Blackstock Trust |
9,038 | ||
| North London Waste Authority, Nonh London Community Royal Mencap Society Islington Council, Bloomin' Gardeners Hilldrop Community Centre. Greening The Grey |
Fund | 11450 4.195 238 600 |
11,250 4,910 |
| Islington Council Highbury Quadrant Gardens Voluntary Action Islington, Local Wellbeing Networks Hornsey Lane Estate Community Centre East London Business Alliance |
800 2,816 4,000 1,500 |
||
| 282,030 | 436,248 |
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Support | |||
| Direct | costs (sec | ||
| Costs f |
note 4) f |
Totals f |
|
| National Lottery, Partnerships Fund Power to Change LBI VCSCore LBII.ocal Initiative Fund LBIMatch WCG |
195,500 55,744 6,031 |
8 (4,057) 305 854 |
195,500 8 51,687 6,336 854 |
| lslington Council, Highbury Quadrant Gardens Groundwork. Grow Back Greener |
15490 1,499 |
2,211 (1496) |
17,601 103 |
| lslington Council, Community Growing Strategy |
(3,479) | 4,089 | 610 |
| LBIEstates Growing and Community Plant Nursery Elizabeth House Blackstock Trust City Bridge Trust Bridging Divides Climate Action Fund |
13.584 27,804 19,048 |
1,500 5,780 7,028 |
15,084 5,780 34,832 19,048 |
| North London Waste Authority, North London Community Fund Breathe Royal Mencap Society LBI - LIF Super Stew Warm Spaces |
8,711 4,069 5,629 6,000 18,000 |
1,150 | 8,711 4,069 6,779 6,000 18,000 |
| Voluntary Action Islington. Local Wellbeing Networks |
2,410 | 2,410 | |
| Hilldrop Community Centre, Greening the Grey Packington |
600 3,173 |
630 | 600 3,803 |
| Hornsey Lane Estate Community Centre. Tollyrise Gardens |
3,168 | 832 | 4,000 |
| 382,881 | 18,934 | 401,815 |
| SUPPORT COSTS | ||||
|---|---|---|---|---|
| Governance | ||||
| Management f |
Other f |
costs | Totals f |
|
| Power to Change LBIVCSCore LBILocal Initiative Fund LBIMatch WCG |
6,737 854 |
8 (16,870) 305 |
6,076 | 8 (4,057) 305 854 |
| lslington Council, Highbury Quadrant Gardens Groundwork. Grow Back Greener |
2,211 (1,396) |
2411 (IP96) |
||
| Islington Council. Community Growing Strategy |
4,089 | 4,089 | ||
| LBl Estates Growing and Community Plant Nursery Elizabeth House Blackstock Trust City Bridge Trust Bridging Divides Royal Mcncap Society Packington |
1,500 5,780 7,028 1,150 630 |
1,500 5,780 7,028 1,150 630 |
||
| Hornsey Lane Estate Community Centre, Tollyrise Gardens |
832 | 832 | ||
| 7,591 | 5367 | 6,076 | 18,934 |
| Nct income/( | expenditure) | is stated after charging/(cred | iting): | |
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| f | f | |||
| Depreciation Independent |
- owned assets Examiners Fees |
1,491 3340 |
1,900 2,400 |
| STAFFCOSTS | ||||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| 8 | f | |||||
| Wages and salaries Other pension costs |
172,021 6,245 |
194,051 5,523 |
||||
| 178366 | 199,574 | |||||
| The average monthly number |
ofemployees | during the year | was as I'ollows: | |||
| 31.3.23 | 31.3.22 | |||||
| Charitable Activities |
6 | 9 | ||||
| No employees received emoluments |
in excess off60,000. | |||||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES FOR | YEAR | |||||
| 31.3.2022 | Unrestricted | Restricted | Total | |||
| funds | fund | funds | ||||
| f | f | |||||
| INCOME FROM Grants |
42,016 | 394.232 | 436,248 | |||
| EXPENDITURE ON | ||||||
| Charitable activities City Bridge Trust Wave 2 National Lottery. Partncrships Fund LBIVCSCore LBI Match WCG LBIAndovcr inspires Groundwork. Grow Back Greener |
47,442 | (2,894) 177.918 I 1,615 14,792 25,720 |
(2,894) 177.918 47,443 1,615 14,792 25,720 |
|||
| Islington Council, Community Strategy |
Growing | 5,616 | 5,616 | |||
| LBIEstates Growing and Community Plant Nursery Elizabeth Ilouse Blackstock Trust City Bridge Trust Bridging Divides Climate Action Fund |
6,442 4,464 41,705 67,907 |
6.442 4,464 41,705 67,907 |
||||
| Nonh London Waste Authority, North London Community Fund Breathe PHE Mental Health |
6,289 2,936 8,350 |
6,289 2,936 8,350 |
||||
| Total | 47,442 | 360,861 | 408.303 | |||
| NET INCOME/(EXPENDITURE) Transfers between funds |
(5,426) 43,949 |
33,371 (43.949) |
27,945 |
| COMPARATIVES FOR TIIESTATEMENT 3132022 -continued |
OF FINANCIAL ACTI | VITIES FOR | EAR |
|---|---|---|---|
| .. | Unrestricted | Restricted | Total |
| funds | fund | funds | |
| f | 5 | ||
| Net movement in funds |
38,523 | ( I0.578) | 27,945 |
| RECONCILIATION OF FUNDS Total funds brought forward |
94,992 | 229.404 | 324,396 |
| TOTAL FUNDS CARRIED FORWARD |
133,515 | 218.826 | 352,341 |
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Plant and | Computer | ||
| machinery f |
equipment | Totals f |
|
| COST At 1 April 2022 and 31 March 2023 |
23,622 | 5,884 | 29,506 |
| DEPRECIATION At 1 April 2022 Charge for year |
18,212 1,082 |
4447 409 |
22,459 1,491 |
| At 31 March 2023 | 19,294 | 4,656 | 23,950 |
| NET BOOK VALUE At 31 March 2023 |
4328 | 1428 | 5)556 |
| At 31 March 2022 | 5,410 | 1.637 | 7,047 |
| 1 | DEBTORSAMOUNTSFALLING | DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|
| . | : | 31.3.23 | 31.3.22 | ||
| f | |||||
| Trade debtors Other debtors |
29,188 1,868 |
23,728 2,841 |
|||
| 31,056 | 26,569 | ||||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 31.3.23 | 31.3.22 | ||
| f | |||||
| Trade creditors Social security and other taxes Other creditors Deferred income Accrued expenses |
1,779 12,040 2,400 |
8,021 7,415 238 2,400 |
|||
| 16,219 | 18,074 | ||||
| 13. | ANALYSIS OF NET ASSETSBETWEEN FUNDS | 31.3.23 | 31.3.22 | ||
| Unrestricted | Restricted | Total | Total | ||
| I'unds | fund | funds | funds | ||
| f | f | 6 | |||
| Fixed assets Current assets Current liabilities |
1,287 1253171 (4,179) |
4,269 117448 (12,040) |
5,556 243419 (16,219) |
7,047 363,368 (18.074) |
|
| 122,979 | 109,577 | 232,556 | 352,341 | ||
| 14. | MOVEMENT IN FUNDS |
Net | |||
| movement | At | ||||
| At I/4/22 f. |
in funds 5 |
31/3/23 f |
|||
| Unrestricted funds General fund |
133,516 | (10,537) | 122,979 | ||
| Restricted funds Restricted funds |
218,825 | (109,248) | 109,577 | ||
| TOTAL FUNDS | 352,341 | (119,785) | 232,556 |
| Net movement in funds, include |
d in the abo |
ve are as follow | s: | ||
|---|---|---|---|---|---|
| incoming | Resources | Movement | |||
| resources f |
expended f |
in funds f |
|||
| Unrestricted funds General fund |
42,004 | (52,541) | (10,537) | ||
| Restricted funds Restricted funds |
240,026 | (349,274) | (109348) | ||
| TOTAL FUNDS | 282,030 | (401,815) | (119.785) | ||
| Comparatives for movement |
in funds | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| AI I/4/21 | m funds | lands f |
31/3/22 f |
||
| Unrestricted funds General fund |
94.992 | (5,425) | 43,949 | 133,516 | |
| Restricted funds Restricted funds |
229,404 | 33,370 | (43,949) | 218,825 | |
| TOTAL FUNDS | 324,396 | 27,945 | 352,341 |
| Comparative net movement in funds, inc |
luded in thc above are as follows |
: | |
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources f |
expended f |
in funds | |
| Unrestricted funds General fund |
42,016 | (47,441) | (5,425) |
| Restricted funds Restricted funds |
394,232 | (360.862) | 33.370 |
| TOTAL FUNDS | 436.248 | (408.303) | 27,945 |
| 31.03.2023 | 31.03.2022 | ||
|---|---|---|---|
| 8 | 2 | ||
| Unrestricted Funds General fund |
122,979 | 133,518 | |
| Restricted funds LBIAndovcr Inspires islington Council, Highbury Quadrant Gardens Breathe |
17,177 3,835 8,058 |
17,177 20,636 12,122 266 |
|
| LBILocal Initiative Fund Climate Action Fund Royal Mencap Society Relish Embellish Cafe |
10,189 2427 |
18,915 4,910 4,962 8 |
|
| Power to Change Islington Council. Community Plant Nursery National Lottery. Partnerships Fund Elizabeth House Blackstock Trust Islington Council, Community Plant Nursery Groundwork, Grow Back Greener City Bridge Trust (Bridging Divide Project) Soil Food Warm Spaces |
Ik Estate Growing Ik Estate Growing |
10,917 14,568 31,465 7,500 1,000 397 |
(4,327) 99,003 5,780 20,862 (7,238) 25,749 |
| Packington Voluntary Action Islington, Local Wellbcing East London Business Alliance Islington Council, Bloomin' Gardeners |
Networks | 406 1,500 238 |
|
| 109,577 | 218,823 |
| OCTOPUS COMMUNITY NETWORK LIMITED | OCTOPUS COMMUNITY NETWORK LIMITED | |
|---|---|---|
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
| FORTHE YEAR ENDED 31MARCH 2023 | 313.23 | 31.3.22 |
| E | f | |
| INCOME | ||
| Grants National Lonery, Partnerships Funds Miscellaneous Income City Bridge Trust, Bridging Divides |
117,737 2,000 40,549 |
224,837 4.359 47.375 |
| Islington Council, Community Growing |
4,938 | |
| Strategy Evening Standard Dispossessed Fund |
75370 | (300) 113,986 |
| Islington Council | ||
| Islington Council. Community Plant Nursery &Estate Growing Groundwork, Grow Back Greener Elizabeth House Blackstock Trust |
8,794 7443 |
13.450 7,343 9,038 |
| North London Waste Authority. North London Community Fund Royal Mencap Society Islington Council, Bloomin' Gardeners Hilldrop Community Centre. Grcening The |
I1350 4,195 238 600 |
11,250 4,910 |
| Grey | ||
| Islington Council Highbury Quadrant |
800 | |
| Gardens | ||
| Voluntary Action Islington, Local Wellbcing Networks Hornsey Lane Fstate Community Centre East I.ondon Business Alliance |
2,816 4,000 1,500 |
|
| 282,030 | 436,248 | |
| Total incoming resources |
282,030 | 436,24$ |
| EXPENDITIIRE | ||
| Charitable activities |
172,021 | 194.051 |
| Wages Pensions Insurance Marketing |
6,245 2,677 1,6 l4 8,000 |
5,523 4,333 1.022 8,000 |
| Rent | 14467 | 29,056 |
| Materials | 741 | 3,089 |
| Event costs Carried forward |
205,725 | 245,074 |