## ## ## |||||Page| |---|---|---|---|---| |1.|Legal And|Administrative|Information|| |2,|Trustees'|report||2 —22| |3.|Auditors
report|||23-26| |4.|Statement|of Financial|Activities|27| |S.|Statement|of Financial|Position|28| |6.|Statement|of Cashflaws||29| |7.|Notes to the Financial||Statements|30-35| ## |Directors/Trustees|Directors/Trustees|Imadul
Islam (Chairperson)|Imadul
Islam (Chairperson)|Imadul
Islam (Chairperson)| |---|---|---|---|---| |||Sati Aminur
Rahman||(Secretary)| |||Shaynul
Khan
(Treasurer)||| |||Sirajul Islam||| |||Syed Tohel Ahmed||| |||Nadia
Ali||| |||Akrom
Miah||| |Executive|Director|Shafiur Rahman||| |Principal|and Registered|Osmani Centre||| |Office||Sg Underwood|Road|| |||London||| |||E1SAW||| |Auditors||Abacus Partners|(Ldn) LLP|| |||Statutory Auditors||| |||Unit A, Abbotts|Wharf|| |||93Stainsby Road||| |||London E146JL||| |Banker||HSBC||| |||1-3Bishopsgate||| |||London
EC2N 3AQ||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Welfare|fk Debt|Advice|34|162| |---|---|---|---|---| |Food bank (collectionl
~
db
k(d
I
~)|||20
~12|2336
142| |Support|for Troubled||N/A|99| |Families||||| |No ofvolunteers|||N/A|36| |Total|||66|2633| ## ## ## ## ## ## ## ## ## ## ## ## ||other stress factors and enabled them to regain their|own personal sense ofid|entity.|entity.| |---|---|---|---|---| ||Young people within those families, because of being|on the programme,
have|improved
their school|| ||attendance
and academic performance,
their understanding
ofonline safety, a||stronger sense of|| ||their own identity
and increased
motivation
and clarification
oftheir prospects.||Our young people|| ||now continue their journey of self-belief and self-love, allowing themselves to be open to|||happiness| ||and success.|||| |~|16new families joined the ongoing family rnentoring|Increase
in families getting|Early Help|| ||programme|||| ||20young people and girls a accessed a range of spaces,|Young people and girls are|able to, and|do,| ||activities, and social opportunities
across Tower Hamlets|access a range ofspaces, activities and||social| |||opportunities
across Tower|Hamlets|| ||20families stated improvement
in confidence, after|Increase
in confidence
in young people||and| ||having received support from the project for three to|families||| ||four months.|||| ||19young people and families reported better able to|Increase in resilience
in young people and||| ||cope with problems|families||| ||15parents attended
parenting
skills course and|Parents improvement
in parenting
skills||| ||reported
improvements
in parenting
skills after|||| ||participation
in course.|||| ||23 young people and families that participated
in the|, Increase
in young people and families||| ||project had better awareness
of local services and how|awareness of local services|and access them to|| ||to access them if in crisis|deal with crisis||| ||20families stated better environment
at home|Improvement
in family||| |||relationship/environments|for children|and| |||young people||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |AcUvCK|2021 22|2021 22|22||||2023 24|2023 24|||| |---|---|---|---|---|---|---|---|---|---|---|---| |Balance|~|Achieve|A~hi|||||~Ahi||t|tt| |5hheetR~||~sur
luslE
balance|IEbalance
~Mi t
t|||ttt|~|balance
~Mi t
t|*|it'll|| ||~|Maintain|tota|I Balance||||total Balance||Sheet|| |||R
gati tt|Sheet||f140K+|||f160K+|||| |||Balance Sheet|||||~|Build on|and||| |||f120K+||||||maintain|reserves||| ## ## ## ## |erves currently|stand at f8|1,313and| |---|---|---| |Total unrestricted|funds of|f81,313| |Less designated
Totalreserves|funds|(f0)
f81,313| |The minimum
Requirement
Requirement|reserve requirement
for essential services
for staff|is calculated|as follows:
f80,000
f90,000| |---|---|---|---| |Requirement
Total reserve|for other charitable
requirement|expenditure|f25,000
f195,000| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Total|Total| |---|---|---|---|---|---|---| ||||Unrestrbted|Restricted|2021|2020| |INCOME AND EXPENDITURE|||2|2|6|6| |||Notes||||| |INCOMING
RESOURCES||||||| |Voluntary
Income|||1,000|10,120|11,120|46,305| |Activities for Generating|Funds||45,110||45,110|274,833| |Charitable
Activities income|||215,884|442,555|658,439|439,329| |Other Income|||75,175|7,118|82,293|7,118| |Total Income|||337169|459,793||767,585| |RESOURCES EXPENDED||||||| |Voluntary
Cost||9|4,216||4,216|1,523| |Fundraising
Cost||10|1,833|17,701|19,534|36,550| |Chariksble
Activities Cost||11|123,781|369,367|493,148|454,868| |Adrrt nisirafive Cost||12|134,196|77,517|211,713|260,667| |Total Resources Expended|||264,025|464 585|728610|753,608| |NET INCOME /DEFICIT FOR THE YEAR|||73,144|(4,793)|68,351|13,977| |Fund as at 1 April 2020(bipwd.)|||47,636|5,776|53,412|39,435| |Fund Movement||21|(39,467)|39,467||| |Fund as at 31 March 2021|||81313|40450|121,763|53,412| ## ## |||||2021||2020| |---|---|---|---|---|---|---| ||||f|f||f.| |Cash OuNow from Operating
Activiges||||||| |Operating
Profit|||68,351||13,977|| |Depreciation|||18,298||21,850|| |(Gain)/Loss on feud asset disposal||||||| |Operating
Prost Before|Working Capital|Chgs|84,649||35,827|| |(Increase)/Decrease
in Debtors|||25,843||5,597|| |hcrease/(Decrease)
in Creditors|||132,396||20,874|| |Cash from Operations|||242,887|||| |Net Cash Generated
from Operations||||||| |Cash OuNow from Invesbnent
Activilies||||||| |Purchase ofTangibu
Fixed Assets|||(5,331)||(5,449)|| |Fixed assets disposal||||||| |Net Cash inlhw/outfiow|from irwestment|Activities||(5,331)||(5,449)| |Cash Outflow from Financing
ActiviTies||||||| |Capital grant released||||7,118|7,118|| |hcrease/(Decrease)
ofLoaru||||||| |Net Increase/(decrease)|in Cash and Cash Equivalent|||220,494||17,090| |Opering Cash and Cash Equivahnts||||41,873||24,783| |Closing Cash and Cash Equivalents||||~262367||~41873| |Reconciliation:||||||| |Cash at bank snd in hand||||262,367||41,873| |||||~262 367||41,873| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |8|OTHER GRANTS/DONATIONS:|OTHER GRANTS/DONATIONS:||Unrsstricted|Restricted|2021|2020| |---|---|---|---|---|---|---|---| ||||||s||| ||BSCommerclal
Grant|||63|7,118|7,181|7,118| ||HMRC JRS Grants|||75,112||75,112|| |||||75,175|7,115||7,118| ||Total Income|||33T,16$|459,793|7$6$61|7.118| ||EXPENDITURE SUSISIARY||||||| |9|VOLUNTARY COSTS:
Subscriptions|||Unrestricted
4,216
4,216|Rest/lctsd
E|2021f
4,216
4216|2020
E~1523
1,523| |10|FUNDRAISING COSTS:|||Unrssiricted
E|Rest/Ialsd
f|2021|2020
E| ||Siagcost|||1,833
1,833|17701
17,701|19,534|36,550
36,550| |11|CHARITABLE ACTIVITIES CDS78:|||Unrestricted|Rastricted|2021|2D20| |||||E|||E| ||Salaries and wages
Employer's
NIC
Employers
Pension
Training
&Accredited
Learning
Sessional Coaahss
and workshops
Actilibr Costs|||65,138
5,235
958
183
7,849
1,562|195,415
15.704
2,874
549
23,648
12,052|260,553
20,938
3,832
732
31,398
13,604|177,324
13,379
1,984
4,743
47,815
20,688| ||Excumians|||943|2,829|3,772|8,856| ||Insurance|||1,199|3,596|4,795|4,617| ||Trawl Expenses
IT &Web Expenses
Building Maintenance
& Facilities/
Utilities
Publicity
and Marketing
Telephone/Internet
Printing/Postage/Copying,
and Stationery
Equipment
oosts
Rellt|||36
3,378
1,449
513
1,343
832
1,235
15,640|111
10,133
34,357
1,539
4,029
2,495
55,636|147
13,511
35,606
2,052
5,372
3,327
1,235
71,276|865
727
42,833
1,206
3,082
4,469
956
95,035| ||Depreciation
on Furniture, Fittings
Cafeteda
running costs||and Equipment|16,298||16,295|21,85D
1,341| ||Foodbank||||4,500|4,500|| ||Other Expenses|||123,781|369,367|493,148|3,398| |12|ADISINISTRATIVE COSTS:|||Unrestrirried|Restricte|2021|2020| |||||E|||E| ||a) Support Corm
Salarie and wages
Employer's
NIC
Employe/s
Pension
Actiuties Cast|||68,659
3,044
1,051
175|20,446|89,105
3,044
1,D51
175|96,062
4,9D2
1,026
2.561| ||Sessional Workem||||||28,572| ||Bank Interest and Charges
Consumables|||411|227|411
834|1,778
5,103| ||Building
Maintenance
& Facilities/
ITMaintenance||Utgities|8,696|3,814
2,767|12,510
2,767|9,894
149| ||Emnts
&Campaigns
Printing/Postage/Copying,
Equipment
Publicity
and Marketing
Telephone/Fsx/Internet
Loan Interest|and Statione/7||1,426|681
1,100|681
1,100
1,426|312
915
1,684
335
631
2,856| ||Rent &Senice Charges
Stslf Training
Depreciation
on Furniture, Fittings
Legal 8 Pmlessional
Fees||and Equipment|3,338|14,599|14,599
3,338|19,465
541
2,708| |||||87,407||131,041|179,294| |||||32|||| ## ||b) Governance
Cosh;|b) Governance
Cosh;|b) Governance
Cosh;||||||| |---|---|---|---|---|---|---|---|---|---| ||Salaries and wages|||||12,243|6,257|18,500|18,500| ||Employer's|NIC and|Pension|||2,407||2,407|2,419| ||Recruitment|8,CRB||||652||652|1,681| ||Insurance|||||982||982|946| ||Payroll Senfces|||||1,100||1,100|1,100| ||Bookkeeping
and Accountancy|||||2,400||2,400|2,400| ||Audit Fees|||||3,600||3,600|3,600| ||Consultancy|and Professional||fees||23,210|27,625|50,835|50,000| ||Meefing expenses/Refreshment|||||195||195|727| |||||||46,789|33,882|80,672|81,373| |||||||134196|77,517|211,713|260,667| ||Total Expenses|||||264,025|464,585|728,610|~753608| |13|PROJECT|tNCOME|SUMEIARY:|||||2021|2020| |||||||Unrestricted|Restricted|Total|Total| |||||||Income|Income|Income|Income| |||||||6|6|6|6| ||Aasha|||||170,403|208,330|378,733|277,333| ||Education|and Employment||Project||7,014|52,360|59,374|101,231| ||Shaathi
Mentoring||Project|||3,467|65,864|69,331|67,830| ||OC Acfixa|||||110|2,250|2,360|50,690| ||Osmani
Centre and||Central|Income||156,176|130,988|287,164|270,502| |||||||337,169|459,793|796,961|767,585| |14|PROJECT|EXPENSES SUMMARY:||||||2021|2020| |||||||Unrestricted|Restricted|Total|Total| |||||||Expenses
f|Expenses
6|Expenses
F.|Expenses
6| ||Aasha|||||71,289|196,028|267,317|169,422| ||Education|and Errployment||project||27,548|66,026|93,575|112,223| ||Shaathi
Mentcring||Project|||29,226|57,863|87,088|123,013| ||OC Active|||||17,247|28,051|45,298|63,569| ||Osmani
Centre and||Central|Expenses||118,715|116,617|235,331|285,381| |||||||264,025|464,585|728,610|753,608| |15|RESTRICTED FUND MOVEMENT:||||Opening||||Closing| ||||||Balance|Incorriing|Resources|Adjustment|Balance| ||||||01.04.2020|Resources|Expended|Fund Transfer|31,03.2021| ||||||||5|5|6| ||Aasha|||||208,330|196,028||12,302| ||Education|and Employment||Project||52,360|66,026|13,666|| ||Shaathi
Menloring||Project|||85,864|57,863||8,001| ||OC Acfive|||||2,250|28,051|25,801|| ||Osmani
Centre and Central|||Income|5,776|130,988|116,617||20,147| ||||||5,776|459,793|464,585|39,467|40,450| ## ## ## ## ## ## |||||||||||Land|and|buildings|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2021||2020|| |||||||||||6||8|| ||||||||Under one year|||114,500||114,500|| ||||||||Between 2-5years||||||| ||||||||More than 5years||||||| |Analysis of||changes|in net|debt|||||||||| |The|analysis|below serves as||a nels|tn Ihs cash fiow 9)sbment||||||||| |||||||Newaoel|New|Fa) vah|F|bneachanls||Im*rnon-|nl end| |||o)year||C e0||nshaah»u||anvalamn||m|n|oahchandes|oiyeer| ||||0|0||l||||l||l|0| |Cosh|||41,073|220,494|||||||||262,367| |cash|saa)vs lash||||||||||||| |OverdraIhdly|||||||||||||| |Toss)|ush||41,073|220,404|||||||||| |Loons|I year||)34,140)|10,847|||||||||(14,293)| |Loans|I year||143.»3)||4,133||||||||(392ad)| |F no ate I vases|||||||||||||| |7 I llmwowlhlla|||77473|24,180|||||||||03,2»| ||||)36,600|244,674|||||||||209,074|