OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-06-30-accounts

Registered Number 06619279

The Richmond EAL Friendship Group Centre Ltd

Report and financial statements for the year ended 30 June 2021

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Report and financial statements for the year ended 30 June 2021

Contents

Contents
Page
Trustees’ report 2-5
Accountant’s report 6
Statement of financial activities 7
Balance sheet 8
Notes forming part of the financial statements 9-12

Company information Trustees Mrs C Costeanu Ms E Jadav Mrs A Peters Ms E Statham Ms F Kane Ms A Cheung

Secretary Ms G Thorpe Principal office 12 Vivienne Close Cambridge Park East Twickenham Middx. TW1 2JX

Registered office

12 Vivienne Close Cambridge Park East Twickenham Middx. TW1 2JX

06619279 1133538

Registered number 06619279 Charity number 1133538 Reporting accountant Lesley Pasricha FCA 23 Front Street Portesham Weymouth Dorset DT3 4ET

1

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Trustees report for the year ended 30 June 2021

The trustees, who are also directors for the purposes of company law, present their report and the unaudited financial statements of the company for the year ended 30 June 2021.

THE TRUSTEES

The trustees who served the company during the period were as follows:

Mrs A Peters - Chair
Mrs C Costeanu
Mr D S Fraser - resigned 13 July 2020
Mrs C Oktay - resigned 31 July 2020
Miss E Jadav - appointed 31 July 2020
Ms E Statham - appointed 31 July 2020
Ms K M Ings - resigned 1 September 2020
Miss F Kane - appointed 3 February 2021
Miss A Cheung - appointed 30 March 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

The organisation is a charitable company limited by guarantee, incorporated on 13 June 2008 and registered as a charity on 15 November 2009. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.00.

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee.

The trustees are familiar with the practical work of the charity and are able to discuss any aspects of the work with the other members of the charity as and when any problems arise.

The trustees are all acquainted with the aims and methods of the charity and, in addition to the quarterly meetings, are in communication with each other to address all aspects of the work.

RISK MANAGEMENT

Procedures are in place via our nine written policies to protect all trustees, volunteers and learners from possible risks.

2

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Trustees report for the year ended 30 June 2021 - continued

OBJECTIVES AND ACTIVITIES

The company's objects and principal activities are to:

The year 2020/2021 was affected by the continuing impact of the Covid-19 pandemic. Face to face classes were completely closed down and did not resume during that financial year. Online Zoom classes were offered from September 2020, three per week, plus a weekly outdoor “walk and talk”. The charity’s sole employee was furloughed, or part-furloughed as appropriate, under the government’s Job Retention Scheme.

The main objectives and activities for the year continued to focus upon the recruitment of 'hard to reach' speakers of English as an additional language many of whom have children in Richmond schools.

Activities included:

ACHIEVEMENTS AND PERFORMANCE

Despite the pandemic, we continued to recruit new learners by regular networking with schools, health services, clinics, local service providers etc. Around 50 learners joined during the year.

A significant number of learners moved on to paid employment, accredited courses or volunteering positions in local schools, galleries and shops, and with other charities.

We organised online outreach presentations from local organisations including HealthWatch Richmond, Richmond Borough Mind and Citizens Advice Richmond.

Funding was received from two major local charities, Richmond Parish Lands Charity and The Hampton Fund. A grant was also obtained from The National Lottery.

Four new trustees were appointed to strengthen the board, including those with financial expertise.

3

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Trustees report for the year ended 30 June 2021 - continued

FINANCIAL REVIEW

Against the backdrop of the ongoing coronavirus pandemic, most of the activities were redirected to remote learning. As such there was minimal external expenditure other than the employee’s salary. Securing funding was extremely challenging, however, excluding the support of the Government’s coronavirus job retention scheme, the charity still managed to achieve 82% of pre pandemic income levels. With prudent management of resources, the charity generated a positive financial outcome of £9,079 for the period with funds carried forward of just over £21,000.

Principal Income Sources in 2020/2021

PLANS FOR FUTURE PERIODS

The Covid-19 pandemic has still made planning very challenging. The charity will endeavour to offer as much of its normal programme as possible in the next financial year.

From September 2021 the following activities were introduced:

From November2021:

From 2022 it is planned to introduce:

Monthly outdoor workshops at Marble Hill Park Monthly visits to Kew Gardens, through their community membership scheme

These and all activities will have to be modified if government restrictions are once again imposed.

4

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Trustees report for the year ended 30 June 2021 - continued

TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees, who are also directors for the purposes of company law, are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the profit or loss of the charity for that period. In preparing those financial statements the Trustees are required to:

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the disclosure regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

SMALL COMPANY RULES

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the Trustees

Mrs A Peters Chair

5

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Report of the accountant Independent examiner's report to the trustees of"RICHMOND EAL FRIENDSHIP GROUP CENTRE" I report on the financial statements of the company for the year ended 30 June 2021, which are sel out on pages 7t012. Respoctlve rnspon81blllt1￿ of trustsas and èxamlner The Iruslees Iwho are also the directors ol the company lor the purposes of company lawl are responsible for the preparation ol the financial statements The trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe Acll and that an Independent examination 1$ needed. Having satisfied myself that the charity is not subject lo audit under company law and is eligible for Independent examination, it is my responsibility.. to examine the financial statements under section 145 of the Act., to follow the procedure5 laid down in the Unrestricted ijireclions given by the Charity Commission under section 145151 Ibl of the Act., and to stale whether particular matters have corne to my 8ttenlion. Basis of ind8pend•nt examinorfs report My exarnination was carried out in accordance with the un￿strICted dire¢tions given by the Charity Commission. An exarnination includes a review of the accounting records kept by the chanty and a comparison of the financial statements presented with those records. It also includes consideration ol any unusual items tsr disclosures in the financial st81emenls and seeking explan8lions from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion 15 given a5 to whether the financial ststemenls present a 'true and lair view, and the report is limited to those matters sel out in the stslemenl below. Indopondent •xamlnerf$ statement In connection wrth my examinatson, no matter has come to my attention.. 111 which gives me reasonable cause lo believe that in any material respect the requirements.. lo keep accountr'ng records in accordance with section 386 of the Companies Act 2006," and to prepare financial statements which accord with the accounting re¢ords. comply with the accounting reqlJi￿Ments ol se¢lion 396 of the Companies Act 2006 and with the methods and principles of the Stslement of Recommended Practice.. Accounbng and Reporting by Charities have not been met., or 121 to which, in my opinion, attention should be drawn in order lo enable a proper understsnding of the financial statements lo be reached. Lesley Pasricha FCA Chartered Accountant 23 Front Street Portesham Weymouth Dorsel DT3 4ET

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Statement of financial activities for the year ended 30 June 2021

2021 2020

Unrestricted Restricted
Total		 Total
Fund Funds Funds Funds
Notes
£ £ £ £
INCOMING RESOURCES
From generated funds:
Voluntary income:
Grant from Richmond Parish Lands Charity
10,000		 0 10,000 13,285
Grant from Hampton Fund 0 7,500 7,500 7,500
Community Learning 0 0 0 4,425
Donations and legacies 0 0 0 1,264
Culture Seeds 0 0 0 5,000
Swimming income 0 0 0 1,699
CJRS Payments 15,427 0 15,427 6,593
National Lottery Awards 10,000 0 10,000 0
Activities for generating funds
Fundraising 0 0 0 276
_ _ _ _
35,427 7,500 42,927 40,042
RESOURCES EXPENDED
Charitable activities 2 25,898 7,500 33,398 40,080
Governance costs 3 450 0 450 713
_ _ _ _
26,348 7,500 33,848 40,793
_ _ _ _
NET INCOMING/(OUTGOING)/
RESOURCES 9,079 0 9,079 (751)
======= ======= ======= =======
FUNDS AT 1 JULY 1 2020 12,083 0 12,083 12,834
INCOMING/(OUTGOING)
RESOURCES FOR THE YEAR 9,079 0 9,079 (751)
_ _ _ _
FUNDS CARRIED FORWARD
AT 30 JUNE 2021 21,162 0 21,162 12,083
====== ====== ====== ======

The notes on pages 9 to 12 form part of these financial statements.

7

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Balance Sheet as at 30 June 2021

2021 2020
Notes
£ £ £ £
FIXED ASSETS
Tangible Fixed Assets 5 749 0
CURRENT ASSETS
Debtors and prepayments 314 304
Cash at bank and in hand 25,725 12,179
__ __
26,039 12,483
CREDITORS:amounts falling
due within one year 6 5,626 400
__ __
NET CURRENT ASSETS 20,413 12,083
__ __
TOTAL ASSETS LESS CURRENT LIABILITIES 21,162 12,083
__ __
NET ASSETS 21,162 12,083
======= =======
RESERVES
Unrestricted income fund 8 21,162 12,083
Restricted funds 8 0 0
__ __
21,162 12,083
======= =======

The financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006

Approved by the board of trustees on 28[th] January 2022 and signed on its behalf by

Mrs A Peters Chair

The notes on pages 9 to 12 form part of these financial statements

8

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Notes to the financial statements for the year ended 30 June 2021

1 Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ( effective 1 January 2015)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’:

Income

All incoming resources are recognised once the company becomes entitled to the resources, it is certain that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability. Investment income is recognised in the financial statements when receivable.

Liabilities

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the company to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure includes any VAT which cannot be fully recovered. Governance costs include the cost of the preparation and examination of the statutory financial statements, the cost of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for a particular purpose.

Tangible fixed assets

All tangible fixed assets which cost individually more than £1,000 are capitalised and included at cost, including any incidental expenses of acquisition and irrecoverable VAT. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

IT equipment- 33% on cost

Taxation

The charity is exempt from tax on its charitable activities.

9

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Notes to the financial statements for the year ended 30 June 2021

2. Charitable activities

2. Charitable activities
2021 2020
Unrestricted Restricted Total Total
Fund Fund Funds Funds
£ £ £ £
Tutor fees and PAYE 22,358 5,863 28,221 27,628
Swimming costs 0 0 0 1,403
Admin expenses 1,036 0 1,036 2,361
Resources 0 11 11 2,169
Professional fees 1,672 0 1,672 422
Rent 0 896 896 4,220
Insurance 357 0 357 354
Yoga fees 0 690 690 950
Travel expenses 0 40 40 0
Miscellaneous Expenses 100 0 100 573
Depreciation 375 0 375 0
______ ______ ______ ______
25,898 7,500 33,398 40,080
====== ====== ====== ======

3. Governance costs

3. Governance costs
2021 2020
Unrestricted Restricted Total Total
Fund Fund Funds Funds
£ £ £ £
Reporting accountant’s fee 450 0 450 400
Other costs 0 0 0 313
______ ______ ______ ______
450 0 450 713
====== ====== ====== ======

4. Staff costs and emoluments

2021 2020
£ £
Wages and salaries 28,221 27,628
Social security costs 0 0
_____ ______
28,221 27,628
====== ======

The average number of employees during the year was 1 (2020: 1). No employee received remuneration of more than £60,000.

10

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Notes to the financial statements for the year ended 30 June 2021

5. Tangible Fixed Assets

IT
Equipment
Cost £
At 1 July 2020 0
Additions 1,124
At 30 June 2021 1,124
Accumulated Depreciation
At 1 July 2020 0
Charge for the year 375
At 30 June 2021 375
NBV at 30 June 2020 0
===
NBV at 30 June 2021 749
===

6. Creditors: amounts falling due within one year

2021 2020
£ £
Social security and other taxes 531 0
Accrued expenses 4,845 400
Deferred income ___250 ____0
5,626 400
====== ======

7. Share capital

The company is limited by guarantee and does not have a share capital .

8. Analysis of funds

8. Analysis of funds
Balance Incoming Resources Balance
1 July resources expended 30 June
2020 2021
£ £ £ £
Unrestricted Fund 12,083 35,427 26,348 21,162
Restricted Fund 0 7,500 7,500 0
_ _ _ _
12,083 42,927 33,848 21,162
====== ====== ====== ======

11

RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Notes to the financial statements for the year ended 30 June 2021

9. Analysis of net assets between funds

Unrestricted
Restricted
Funds
Funds
£
£
Fixed Assets
749
0
Current Assets
26,039
0
Current Liabilities
(5,626)
0
Net Assets
21,162
0
======
===		 2021
2020
Total
Total
Funds
Funds
£
£
749
0
26,039
12,483
(5,626)
(400)
21,162
12,083
=====
=====

10. Related party disclosures

There were no related party disclosures for the year ended 30[th] June 2021

12