ChArl¢y number: 1130043 conu￿nY nunther: 064116353 Southwark Group Of Tenants Organisation (A Company Ilmlted by guarantee) Trnstees, report and financlal ststements for the year ended 31st Mareh 2023 Southwark Group Of Tenants Organisation (A compvdny limlted by guarantee) Contents Pa8e IKgal and admlnislf￿IYe infornmiion Tru91ees' report IndepcndeTh¢ examincr$' tcport Statement of finanLial dctivities B￿4Th¢t sheet NoLe8 tij the finon¢i41 10.14 Southwark Group or Tenants Organisalion (A company Ilmlted by guarantee) Legal and administrative information Charity number 1130043 Company regis¢ra¢ion number 06406353 Buslness address B¢ll% Gardens Communiiy Centr¢ 19 Bullcr Clus¢ Lond()n SF.15 6UJ Reglstered offlce Bells Gardeni* CummuniLy Cenir¢ 19 BullLr Close London SE15 6UJ Trustees Chrit* M¢rcgini (Chairl ChristLIKI Gluridgc ShevLnn¢ Gr¢ave8 Rosc Whyte Sam VuLcianna Alihe&.8miih Dario Blake Saidai ()k¢tunde Chri.s1inu Mciihcmu Jiihn¥on Mccalihy Kiri Pieri Caralin¢ Plaii F.mTnanuel l)jomo Damicn Cheeiham Seeretsry M Onwuia Accountants Kleinman Graham 2nd Ploor Uni¢orn House Siatinn Closc P()(ters Bar Heriftsrdshire EN6 ITL Bankers Lloyd8 TSB 25 CamlJeTwcII Grcen London SF.5 7AB Southwark Group Of Tenants Organisation (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31st March 2023 The (rusiees present their repurl and the fJnJn¢ial siJt¢m¢nt$ f()r ihe year endcd 31%1 MarLh 2023. Thc tru.%iee8. who are dlso dir¢LtDrs Df Souihwark Gr()up O(Tenants Organisaiiun fur IhL' purpo%¢s of company law and who served during lh¢ year and up 10 Ihe da￿ of Ihis rLPilrt arL' li¢t out un pugc l. Structure* governance and management Souihwark Gr()up ()f T¢nanls l)rgani%alian is g()verncd ijy ihe Tru%tees Board which.. Set% the p()licy of thtr charity DeleTmin¢.4 L()rp()rdte s(fdiegyJ includin¥ sttlliThbF key strategic objtilives MakL4 majl)r deLisioll5 about Ihc usc (Trf fin￿Le SLts a fr￿1#W￿rk for humn rL'soufcLS poliLy Objectives and activities Th¢ ()hj¢¥tiv¢ of lh¢ churity i¥ lo promnte ihe benefii of (he L(?unL'il tenELlli% and rL.%iden15 ()f Souihwark hy &¥si)Lialing together local auihi)riiic.s, v(Iluniary i)r¥ani5uliiin& 4Lnd rcsidcTht4 in # ci)mmon cfi()rt li) imprijve Ihc qualily i)f h()using f()r th¢ Li)un¢il lcnunls and rL4id¢nt%. We c()ntinue 10 prom()tc (he inierest4 of ILnanl.% r¢5idLni8 &S¥IJLldli()ns in thc Fl()rough nf gouihwark hy pri)vidin¥ an rngaBing platfurm thai enha￿eS informdiiiin shdring And bL%I Pr￿liC¢ n*mb¢rs. by ofl¢riog.%upp()rl, trdining, adviLe and rLsourLb¥ Iiir their IKnLfilS. We pron)DlC IhL righi ()r tLnanl4 inlludsng iho%L. fr()m Inini)Tiiy eihniL group% l() Lx¢rii¥¢ control i)vLr their hvu%ing and envirunnrni hy infi)riwii()n %hdrin¥ hetween ihL Or￿￿niSati()￿¥ 4nd IIK. loLal auihiiriiy Wc conLinuc u) w()rk with tenMrt¢s and r¢sid¢nis frum IhL minority cihnic griiups to Lxtend ihLir righi to pur¢iciplllc and b¢ cvn%ult¢d in IhL fi)rmuluiion i)f counLil p(IliciL% (>n hi)usinbi and &%s(ILldtLd iy%ue$ and ti> bc rLpre%enied on All rnlltt¢r$ 8nd PLIIiLLe% Ihui inv()Iv¢ ih¢m and Ih¢ir hi)￿￿.1. by i)I'feTing ITuinin8 and providing inlnrrnati()n through i)ur rL'8ul&r n¢w8leiiir and web.sit¥. WL work wilh lenunls lo cnhancc ihLir Li)nfidence ttnd makc thLrn awa￿ of thc IIKal auihi)riiy con8uI(aiiiTrn .¥truclU nd ih¢ir riuhi 10 participate in 8uch siruLlurL. ()ur Resourc¢ Cenlre pr()vidL% fL'gular support with IT $kill¥ whiLlI allow mLmFL'r4 iu put b¥'k ini() IhLir U¥bociaiions which 15 h¥lping ti) pri)mi)IL LiTriiimuniiy #Llivily and dcvLlI?pment. W¢ PTQMV￿. lh¥ harm(Trniou5 funciioning of a muliiLiiliural Lommunity and work towllrd5 IhL' Lliminution of all forms of racism and disLrimÉnaiiun wiihin thL C()mmuniiy hy priividing adL4UdlL fuLiliiieb and bcstx)ke suptKFrt to calLr f()r ull CLli()n4 ()[ the cnmmuniiy, and adLlrLSS IhL dreus where comrnuniLatiOTt break5 down bL'Lause of langua8c barri¢rs. isdbiliiies and l#Lk (If undLrsiandin¥. We have input nn pr)li¢i¢s in r>ur mlc ¢hc umhrella group rcprc.*nling tenants and rcsidenis associations Ihroughnut Ihe hi)ri)ugh hy providing a bciicr %illndard of relaying informali()n hack lo Icnanis and r￿identS Otl Lu￿en1 hou8inB l%.suc.s and by analysing pre￿rtl or pro￿.￿ed governnKni and I￿￿1 auihDrily huu%ing poli¢i¢s and legislalion We partnership with oihcr organisali(Ins who Share our objeLtives, In￿reSIS and aspirdtion& by PToviding a n#iworkin8 fDrum. information servicL with regular mDnitvring and evalualion of our serviles ¢0 enable de¥elupm¥r]14Lnd bTrowth in Ihe years lo couJL. Wc kLim l() a¢hi¢v¢ all the above ihdt iendllib and r¥5idents', inLluding thos¥ (r()m the niinuriiy ethnic grvups Lan have ihe inlormation Iv help wilh (heir Lampdigns for beit¢T homes, io be Irdined to know thc Ii)cal authurily's Lonsuliatiun stru¢tur¢ so thai there is better tenanis, pariicipalion whLLh will allow representation ol all meTnb¢rs of the Lommunity ¢0 be involved. Southwark Group Of Tenants Organisation (A company limited by guarantee) Report of the trustees (incorporating the directors, report) ror the year ended 31st March 2023 Rrsk martagemenl I'he major risks to which the charity 15 ¢xposed have been ideniified and eunstd¢Tcd. Thcy have been review¢d dnd 5y51ems established tL) mitigate Ihese risks. The mosi signifiLant risk id¢nlifiLd. was Ihc impaLt of d¢pr¢¢iating council hoLL4ing S(￿k illuslraied in Ihe current Huusing Commis%ion Report. whiLh will r¢flc¢t ()n funds &vAilable (() (ertants and the impact uf Tece.ssion on Icvels Iifincome as well as the Imp￿1¥ of the pre5eni Wcifarc RLf()rm. The%c f￿10T8 have been Larefully eongidered and are tnand¥¢d as follnw8- The orgdnisaiion is Lurr¢nily Lxplurin¥ oth¢r funding sireams io caThy ()ui specific projects in addition io ihe fundin8 availahle thr()ugh thc Icnants, liind. The fulurc plan is 11) find other funding.8tralegic8. InLI)me and expendilure 1% m()nil(Trr¥d in Lolal ar￿ is Lompared with Ihc dppr<)ved plan i() d¢t¢ct trends as part of ihe risk manugem¢nL proccss lo avoid unfore8een ¢all.s on ie*rves. Achievements performance l)uring Ihe ycar, we cnniinue i() provi¢JL 8uppnrL to council IcnunLs and residents a%sociaiion% in the Borough uf Sourhwark. We Ll?lltinu¢ to provid¢ .s¢rvi¢¢% ti) our memhcrs hasL'd i)n their individuyl r¢quircnwnt$ and %uppori nLLdLd io ensur¢ Ihal ()ur c(?Ileciive objeciives are aLhieved. C)vr panncr.ships with othcr voluniary SL'LI(Ir% hav¢ h¢l￿d i() develi)p and dLliver free training in ar¢a$ of employnK'nt and capacily building For council ¢¢nanl% residents. Free equipmeni hire A.4 in previou.s yLttr.s. we L()ntinu¢ r(Tr provide Ihese service8 Irec uf Lhurge to c()mmunity organisaiion% in the borough wi(h a view 10 purLhas¢ additional and updui¢ L¥T¢uin iiems. Free urrount reL'fJnLiliaiiein WL have helpcd many tenanix 4sSOCiativns wilh the verifiLaiion of thcir aciount5 fr￿ i)f ch￿￿e and ()ffcrLd 4(tvi¢e on h()w [() H(l()pl 8OLxJ txxlkkeeping. Sidffd¢velopmenl ()Iir priority 15 10 inVClDI in training ol. all empl()yLes in Hreas thai will Lontinue iu LnhanLe their indiyiduul p¢r¥on41 development. Thi.% will lead i() an inLreascd levLI ()f staff m()ral¥. Reul lime suppuri We Loniinuc 10.%upport tenants and resident$ with housing rclaicd i%su&s. such ihc hedrnnm lax Ihrough (TrL¢r CampAi8n Team and wherL' we Lunnoi help .%olvc Iheir prabl¢m. wc havc signpasied to ihe relevant or8anisalii)ns who ¢an assist Ihem rc%olvc th¢ir $p¢cilic hiTrusing rclaicd i88ues. Bells Gardens C(JmmMniiy Cenfre W¢ tt>ok QVCT thc managemeni in l)ecembcr 2011, a￿d sincc thcn, wc hove turncd ari)und Ihe communily Lentr¢ to make li accessible ITr the tenants and re5idetits within the Community. We have invested in ¢ss¢niial uinLniiies SULh as. new appliancc.% alang with a ncw fitlLd kilchcn, new tablcs and Lhairs f(Trr C￿￿ hdll, re-decvr#ied. and Llean¢d regularly. TherL i% now a carelakcr who cn5urcs thai lh¢ ¥ianJariJ i.s m&iillinse of company lawl arc respun.4ihl¢ f()T preparing IhL TrusiLe¥' Annuul Rcp(>r( und the fLn4￿la] .%lat¢Th￿nL5 in aLL'I)rdanLe with appliLahl¢ law and unL￿d Kin8dom GLnLrally ALLtpt¢d A¢counting Practice. Corrwany law rLquires ihe irUs￿'CS lu prcparL' financial s¢aiL'mcni¥ flir euch finanLi*I y¢ar whi¢h giv¢ a tru¢ und fair view of ihe siaiL ()I' al'fairs uf ¢hc ¢hariiablL Lompany and of IhL IllL()Inin& r¢sourrcs and 4ppliLution of rc.%(iurLes. ineludin¥ ih¥ in¢onw and lx￿ndi1urL. of thL LharitablL L()mpyny lor thal P¢Ti(xl. In preparing ihese fjnancial ststLmenis. the irusiees e rc4uifLd t().. selLL( suiluble uccouniin8 p()IiLitii ¥nd ih¢n apply thcin ci)nsibienily.' ()b.%Lrvv th¢ meihods and prinLiples in Ihe Charilies S()RP; makc jud8Lmenis and estimaics that arc rL'u%onable arKI prudLnt: siaLL' whLiher applietthle UK Aec()unlin¥ Siandard¥ havL been followed. %utij¢¢t ¢0 any malcriul departures di$Llo&¢d 4ftd cxpluined in Lh¢ financial.sla￿,MLn1s: and prepaTC ihL finuncial siaiemcnis on the g()ing Lon¢ern ha81¥ unless li is inappmpriat¢ lu prc.%umL ihat Ihe charildble Company will ¢ontinuc in opcralion. Th¢ trust￿5 arL rL'SFMTrllsible for keLpin¥ prupcr ULLouniing r¢¢()rd.% which disc108e wilh reas()nablL aceuraL'y Ut any lime Ihe financial PL)xilion ul lh¢ ¢haritablc c(>mpiilly dnd whiLh Lnabl¥ them to ensur¢ IhAt the financial stdiemeni% c(Imply wilh th¥ Ci)mpdniey Act 2tM)6, ThLy afL al4u re&ponliiblL l()r Sdfeg7uarding Ihe assL'lS of Ihe charitttblL ¢()mp4Lny and henLe for thking reastsnable.4t¢P5 fvr ihL preventi()n and de￿L(lun (Trf fraud and r)ihLr irr¢gularilic$. Small company provlsfons Thi4 Tcpiiri h&¥ heen prcpared in accurdanLe with thL .%pcL'ial pmvisions for small compani&s und¢r Part 15 of the Companies ALI 2006. Southwark Group Of Tenants Org¥dnisation (A company Ilmlted by guarantee) Rewrt of the t￿￿teeS (incorporating the dlreetors, report) for Ihe year ended 31st March 2023 On b¢haif ()f the board $ Mert Director alrl 16th May 2023 Jason Bennett Jason Bennett (Jun 13, 2023 07:38 GMT+1) Southwark Group Of Tenants Organisation (A company Ilmlted by guarantee) Statement or rinancial aclivities (incorporating the Income and expendlture aecount) For the year ended 31st March 2023 Unr&strlcted runds 2023 Tothl 2022 Total Notes Incoming resources In¢omin8 rcs()ur¢es from 8cncratit)g funds.. Volunlary inc()nJe Activiiies for gencraiing funds Inves1n￿rtI inL()In¢ Other incoming n.51)u￿e$ 275.3(K) 21,WJ 291 1.37Y 227.037 8.630 21,(KX) 291 1.379 Total Incomlng resources 297.970 297.9711 235.674 Resources expended Cos1.4 ot ueneraiing funds.. Cust i)f gencraiing viiluntary incum¥' GfTrvernunLe eo81.$ 236.114 2.919 236.114 2,Ylg 224,591 Total resource5 expended 239.033 239.033 2211,022 Net Ineomlng resourceg for the year I Net Ineome for the year 58,937 58,937 7.652 Tntal fund.8 btoughi forward 1311,39 1311.3Y6 130,744 Total funds carrled forward 197.333 197.333 138.IY6 Southwark Group Of Tenants Organisation (A company limited by guarantee) Balance sheet as at 31st Mareh 2023 Company nurnber: 06406353 2023 2022 Notes Flxed assets Tanbvible ds&ets Current assets Cash ai bank and in hand 12 2,466 199.746 140.132 199,746 1410,132 Credltors: amounts fAlllng due wlthin one year 17,OJ91 {4.201) Net current awts l Y2.687 115.931 Net a￿et$ 197,334 1311,196 Funds UnresiriLled in¢om¢ funds 197,334 138,3Y6 Total funds 197.334 1311,390 Thc BalanL¢ Sh¢¢( ¢orttinuc¥ i)n th¢ following pagc. Southwark Group Of Tenants Organisation (A company limltsd by guarantee) Balance sheet (continued) Trnstees statements required by the Companies Act 2006 for the year ended 31st March 2023 In approving these fina￿14[ slat¢m¢ntts tr￿STeel of the company we her¢by ¢onfirm= la) Ihat fur Ihe y¢ar ¥iated alx)ve Ihe Lompany was entiiled to ¢h¢ excmption conferred by sec(ion 477 of thc Cornpanies Aci 21X)6 . (b) Lhat no noiicc h¥8 been dcpositcd at thc rcgi.siered orriee of ihe ¢ompany pur8uant ro 5cciion 476 nf the Companr¢s Acl 2￿0 rcque.s(ing that an audil be cunduLtL'(I f()r lh¢ ycaT Lnded 11 si March 21)23. Ic) thai we acknowlcd8¢ reswftsibilitieA for.. { I l ensuring that the Lotnpllny keeps proper acci)uniing recurd.$ whi¢h ¢omply with section 386 of ihe Ci)mpuni¢s Act 2(XJ6. and {2) prLpuring financi&l 8IIiiLfN'ftL4' whi¥h give u iruc and fair view of I￿. %tdie of ulfair.s ()f the Lompany a% at the end or Ihe finanLial y¢ur und of lis priTrfit ()r10s¥ for ihe year ihLn vnded ith acLord&nLe with Ihc rL'4uiremenL% ul SLLti(In$ 394 and 395, afKI which oihcrwi8L' L(Imply with th¢ provisiiTrn8 lif ihe CiimpaniLS ALI rclalin¥ l() financial 51aib.￿'nis, far &% applicablg ti) ¢h¢ company. These financial stalemcnt￿ prepmred in accuTiianLe wth ihc 8PeLL￿1 priivisions iTrf PJT¢ IS of ihc Ci>mpanies Aci 2006 r¢ld¢ing to xmall companies und in ucLordanec wilh lh¢ Finyncial RLw)rling Standard r()r Smaller ErtLiliL% {¢ffe¢live April The finanLial Sidiemcnis werL' dppr()v¢d by ihe (Tuslcc8 iTrn 16ih May 2023 and signed tsn ilA ￿haIr by Chris Mer Dlrector Chalr) Southwark Group Of Tenants Organisation (A company limited by guarantee) Noles to financial statements for the year ended 31st March 2023 Accounting pollcle5 Thc prin¢ipal acc()uniing policies are summarised beluw. The accountin¥ w)licies hav¢ b¢¢Th dpplied Lunsistently throughout the yLar and the preceding ycar. 1.1. Statement of complian¢e The fJnanLidl sldtemLn15 have been prepared in compliallce wilh FRS 102. Th¢ Financial Reponing SLLndJrd pplicable in the UK and RLpubliL of Ireland.. Thc SalLmttnl uf ReLomnwn¢Jed PraciicL uppliruble io chariiies prcparing their acLounL% in aLLor(fance wilh IhL' Financial RLp()r(ing SiandArd appliLuhle in Ihe UK 8nd Republi of Ireldnd IFRS 1021 IChariti¢s SaRP {PR,8 11)2)l and (hL Comp4nie¥ Aci 21x16. 1.2. Incon)ing ruources All inc()min¥ res(?u¥ce.4 arc included in the s¢alLmeni of flnanciul ￿liVi11¢S when the Lharily is eniiiled to the Lrteo￿ and the amouni can bL' 4U(iniified wilh rLas(Trnablc acCur￿y. The lollowin¥ specifiL poliLies are appli¥d particular Cdie8ories ol IllLumc= ViTrlunidry income is received by w&y iTrf granLs, di)nuiiDns ¥ifts ¥nd i¥ includLd in full in ihe staicmcni of rinunLitsl aL'livili¢.% wh¢n r¢LeivablL. Cyranis whcic LntxLl¢mcnt 18 ni)I condiiional (?n the dclivLry lif a speLiliL rformance hy ihe LhuriLy, are rLLi)gnis¢d when IIK, Lhuri(y bcL'omL'ii uniorMJiliot2ally enii(Icd its the grani. T)onuicd scrviL¢% and facililie8 arL IIILluded at IhL v&lue lo Ihe Lhariiy where this cun b¢ quaniified. The valuL uf servicc.% priivided by voluniccrs htLs n()t been inLluded. Gifl8 d(>na￿d for resalc arc inLlud¢il a5 incoming resourccs within aclivitics fiTrr generaLin¥ wh¢n they arc Id. Grunts, LIK.ludin¥ grant.% for thc purchase or rixLd 4Ls5¢15, ￿ fL¢I)￿n¢￿e{l in full in Ihc sLaiLm¢nt of finanLial ¢livilic4 in the yemr in which thLy 4￿ f¢L¢ivahl¢. I[bLI)n￿ from invLliim¢nt$ Is includ¢d in th¢ year in whiLh li is receivahl¢. IJ. Reqources expended F.xpcnditurL is reLogni.qcd on an accrual ha%iA as u liahilily i* incurred. Bxpcnditur¢ includes any VAT whi¢h cann(?1 he fully r¢¢ov¢r¢d. and is reponcd as part of the cKpcnditur¢ lo whiLh li reldtes. Costs of generating funds c()mprise the cos18 a8%()Lial¢d wilh aiiraLiin8 voluniary irtL(Trn￿ afid the c051s of Iradin8 lor fundriliSin8 purpi).%cli inLluding th¢ charity'.% shop. Chdriiable expendituw compriws ih()w cus15 incurred by the Lh8riiy in the delivcry iTrf iis deiivitics and serviccs f()r ils bcn¢li¢idries. li includLS both Ltssls Ihat Lan be allocaieLI direLily 10 Such activilies and 1hn.se cost% of an indireci naiurr neL&%sary to supExTrrt them. Support costs arc those c(Tr5ts incurred directly in support uf expendilure un ihe objects of the rharily include prajec¢ mana8emeni. 1.4. Tangible fixed assets and deprecladon Tangiblc lixed assets are siatcd ai ctisi less a¢cumulaled depreciation. tkprecia¢iun is provided at rat¢s ¢al¢ulated tn writc oly thc casi less residual value of each assel over lis expeLtL%l useful life, follow5.. l*ixlures, fiiiings and equipment 25% R¥du¢ing baldnLe Southwark Group Of Tenants Organisation (A cOmp￿Y Aimited by guarantee) Notes to fmancial statements for the year ended 31sL March 2023 Voluntary ineome Unrestricted funds 2023 Tot41 2022 Total Grants receivable 275.31X) 275,31JO 227.037 275,3 275,300 227.037 Activities for generatin8 funds Unrestrlcled funds 2023 Tothl 2(122 TotAI Ilclls G#rd¢ns Hall HirL 21,(M)O 8.630 21,Wn 21.IXX) 8.630 Investment Income Unre8trlcted funds 2023 Total 2022 Tol•l Ilank int¢rL$l rcLLivable 291 291 291 2YI Other Incomlng resources Unrestrlcted funds 2023 TotAI 2022 Totsj Othcr inc()n 1,379 1,379 1.379 1,379 Cost of generwtlng voluntary fncome Unrestrleted funds 2023 Total 2022 Tothl SuptK)rt costs 236.114 236.114 224.591 236,114 236.114 224,591 Southwark Group Of Tenants Organisation (A company limited by guarantee) Notes to financial statements for the year ended 31st March 2023 Governance costs Unreslrlcied funds 2023 Total 2022 Tot41 Gener￿ expenses Accountancy feL t£gal and professional feel B4Dk ch￿gO In5 2,614 596 116 2,407 3Y6 2,407 396 116 2,919 2,919 3,431 An&lysLs of support costs Cost of generatlng volunthry Governon¢e In¢0 2023 Total 2022 Total Siaff ¢081S PreTni%% ¥xpcn8QS Chh¢r cs¢ahlighment L()8L$ M()tor iravelling COSL¥ Aecountancy eharges tX8al ynd PTol¢ysional f¥¢s Communicalion and information *chnol(?8y l)Iher (Iffice expenbeb Interes1 p#yable #nd siniil¥r charges Depreciation und impairment Advcrlising Confercnces and Iraining 196,912 6,091 I￿.912 6.1)91 IY5,1111 3,249 10 2.614 596 3,602 18.692 2,407 396 2,4117 396 2.9117 21.825 116 1,548 337 6.414 2.987 21,825 116 1,5411 337 6,414 822 395 1.941 236,114 2.Y19 239.033 228,022 Nel Incomlng resources for the year 2011 2022 Nci incoTnin8 rG$ourccs is Staled after charging.. DepreLialion and oth¢r I￿￿oUnt￿ wrill¢n off tangible fixed as5e15 1,548 822 Southwark Group Of Tenants Organisation (A company limited by guarantee) Notes to financial staiements for the year ended 31st March 2023 io. Employeoq Employment costs 2023 2022 Wages and salarie8 SvLiJI security c(Tr&t5 Oihcr po%1 rctiremcnt henefits 170.Y4 16.116 Y,11511 170,268 15.506 In,i(K> 196,912 IY5,1180 No ¢mpluy¢¢ reLeived eTYK}lumen￿ of more ihan £6U.(KM) {2022 .' Norte). Number of employw¥ The avcra¥c m()nthly nUM￿r￿ 1)f employees (includin¥ t￿. Iru5t¢¢s) durin8 lh¢ ycar, Lalculated on the basis ur lull lin* equivtslLnl%. f(Trll()wb'. 2023 Numbtr 2022 Number ii. TJx*tlon Thc charily'.s aLIivLties fall within the exemp(ions affi)rdLJ by the provi%iun% iTrf thL. In¥()In¢ 4nd Corporatiiin TaxLg AL'L 19815. ALcordin8ly. there is no taxatii?n eharg¢ in thes¢ accounts. Flxture nttln8s and equlpment 12. Tanglble flxed assets Total Cost At I bi April 2022 Addition% l(J.680 16,680 Ai 3 Isi March 2023 2U,408 2U,408 Depreel&tlon Ai ISL April 2022 Chargo for ihc ycar 14,214 1.548 14,214 1,548 At 31st March 2023 15,762 15,762 Net book values AL 315t Ma￿h 2023 4,046 4.646 Ai 3 Is( March 2022 2,466 2.466 S￿thwark Group Of Tenants Organisation (A company limited by guarantee) Notes to financial slAtements for the year ended 31st March 2023 13. Creditors: amounts falllng due wlthin one year 2023 2022 Oihv taxes and social security Accruals and deferred income 2.858 4,2(11 4.201 7.059 4,201 14. Company limlted by guarantee Souihwark Gn)Ltp ()r Tcn8rtt¥ Or¥anisation i$ a company limited by 8uaranLee and a¢'¢(Trrdingly d¢)es n(Trt have a sh￿¢ Capilal. F.very mcmber uf the cumpttny undenakes io contribute xu¢h dmounL as Jnay ￿ rwuired cxcecding £1 (o the assL'lS tsf ihc charituhle L(?mp¥ny in th¢ ¥v¢n¢ o( it$ bein¥ w()und up while he i)r She is a member. ()r wiihin onc Ye￿ aftcr he vr %h¢ be a member. Southwark Group Of Tenants Organisation (A company Aimiled by guarantee) The following pages do not form part of the statutory account& Southwark Group Of Tenants Organisation (A company limited by guarantee) Detailed statement of fmancial activities For the year ended 31st March 2023 2023 2022 Ineomlng r￿UrceS Incomlng Mources from generatlng funds: Volujyiary income Grani% r¢L'eivuble 275.31X> 227.037 275.31MI 227,037 Aciiviilesfvr gerteraisngfunds Bell.s Gardens HAII Hiic 21.IXK) 8,630 21,(XMI Inve.vlment incnme Bank interest receivable 291 291 Totsl Incoming resources from generntlng funds 296.591 235,674 Other incomlng resources Oihcr irtcumc 1,379 1,37Y Totsl In¢omlng resour¢e$ 297.970 235,674 Resources expended Cos¢y of generAtlng funds: Suppurl c'(pJtJ' Wag¢5 & ¥alyries F.mpli)y¢r's NIC Staff pensiL)n cost8 Premlses. cleunins. upkeep, repairs and insurance Travcl. sub4isience #nd childcare Cornputcr cxpcnsGs Telephone, prin(in8, POSla8e and ¥taiionery Dcpreciation & impairmcni Advcrti4tng Ev¥nl costs ConfLrences and iraining 170.946 16,116 9,8511 6.091 17(),2611 15,51K) 10.106 3,249 10 3,602 18.692 822 395 2,Y117 21,825 1.548 337 6,414 1,941 236,114 224.591 Total cost of generaling voluntary income 236,114 224.591 Fundraislng trading.. cost of good5 sold and other costs Total costs of generating funds 236,114 224,5YI Southwark Group Of Tenants Organlsation (A company limited by guarantee) Detalled statement of flnanclal activltles For the year ended 31st March 2023 2023 2022 Charltable acllvitles Governanee costs Suppnrt costs Gcneral expen￿S Accounthncy fcos iL8al and pri)fes¥ional fccs Bank charges 105 2,614 596 116 2.407 396 116 2,919 3.431 Total governance costs 2,919 3,431 Ne¢ ineominW(ou¢going) resources for the year 58.937 7,652 ## SGTO - 2023 (with chairs signatures) Final Audit Report 2023-06-13 Created: 2023-06-12 By: Lisa Berlyn (lisa@kleinmangraham.com) Status: Signed Transaction ID: CBJCHBCAABAAjH_CaqusmRDHhEEX3OyATrJixv1LMpbz ## "SGTO - 2023 (with chairs signatures)" History Document created by Lisa Berlyn (lisa@kleinmangraham.com) 2023-06-12 - 12:13:16 PM GMT Document emailed to jason@kleinmangraham.com for signature 2023-06-12 - 12:14:03 PM GMT Email viewed by jason@kleinmangraham.com 2023-06-13 - 6:18:04 AM GMT Signer jason@kleinmangraham.com entered name at signing as Jason Bennett 2023-06-13 - 6:38:25 AM GMT Document e-signed by Jason Bennett (jason@kleinmangraham.com) Signature Date: 2023-06-13 - 6:38:27 AM GMT - Time Source: server ## Agreement completed. 2023-06-13 - 6:38:27 AM GMT