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2022-03-31-accounts

Page
Reference and administrative
details
Report ofthe trustees 2 to 9
Independent
examiner's
report
10
Statement offinancial activities
Statement offinancia positioa 12
Notes to the financial statemeats 13 to 18
Detailed statement offinancial activities 19 to 20

2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes 8
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 265,849 265,849 83,322
Charitable activities
Charitable activities 106,190 106,190 ~323 192
Total 372,039 ~372039 406,514
EXPENDITURE ON
Charitable activities
Charitable activities 394334 394334 ~34068
NET INCOME/(EXPENDITURE) (22,295) (22,295) 32,446
RECONCILIATION OF FUNDS
Total funds brought forward (863) (863) (33,309)
TOTAL FUNDS CARRIED FORWARD ~23,158) ~23 158) ~863)

ST TK ENT OF FINANCIAL ENT OF FINANCIAL POSI'ITON
31STMARCH 2022
2022 2021
Notes
FIXEDASSETS
Tangible
assets
CURRENT ASSETS
Cash at bank and in hand 24,726 55,336
CREDITORS
Amounts
falling due within one year
10 (14,211) (16,202)
iVET CURRENT ASSETS ~10 515 ~39 134
TOTAL ASSETSLESSCURREiVT
LIABILITIES 10,518 39,137
CREDITORS
Amounts
falling due atter more than one
year 11 (33,676) (40,000)
ViKT ASSETS ~23,158) ~863)
FUNDS 14
Unrestricted
funds
~23 158) ~863)
TOTAL FUNDS ~23 158 ~863)

2. DONATIONS
AND L
EGA CIES
2022 2021
Parent funding 264,334 80,929
Donation 708 1,293
Other Incomes 807 1 100
265,849 83,322
3. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Charitable Total
activities activities
Big Lottery Fund 9,110 37,000
Groundwork 463 8,864
LBLambeth 23,910 22,873
Granton
Pritnary
School
23,633
Hyde Housing Association 10,000 1,988
Covid-19 Response 20,800
HMRC JRS Grant 60,107 206,934
The Apex Foundation 1,100
Hackney
Music Development
2,200
Success Life Afler 400
~106 190 323 192
4. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 5)
Charitable
activities
394,334
5. DIRECT COSTS OF CHARITABLE ACTIVITIES
2022 2021
8
Staffcosts 220,427 266,461
Insurance 2,954 3,802
Publication
and leaflets
2,352 577
Printing,
postage, stationery
and telephone 8,869 6,576
Trips and projects 6,173 2,413
Sessional workers 65,485 33,830
Breakfast, Aflerschool and Holiday camp 25,874 13,163
Professional
fees
21,442 3,143
Training 699
Travel and subsistence 1,548 837
Due and subscription 15,596 13,383
Equipment
and materials
13,381 24,918
Hall Hire 6,305
Bank charges 99 149
Independent
Examiner's
fees 3,054 ~2520
Carried forward 393,559 372,471

5. DIRECT COST S OF C HARITABLE ACTIVITIES - continued
2022 2021
Brought forward 393,559 372,471
Depreciation 1,597
Interest payable and similar charges 775
394,334 ~374068
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
8 f.
Depreciation - owned assets 1,597

2022 2021
8
Wages and salaries 214,536 259,813
Social
Other
security costs
pension costs
3,968
~1923
4,554
~2094
220,427 266,461
The average monthly The average monthly number ofemployees during the year was as follows:
2022 2021
Admin and project works 32 37

9. TANGIBLE FIXEDASSET S
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
g g g
COST
At 1stApril 2021 and
31stMarch 2022 2,686 ~3473 5,940 7,050 19,149
DEPRECIATION
At 1stApril 2021 and
31stMarch 2022 2,685 3,472 5,940 ~7049 19146
NET BOOKVALUE
At 31stMarch 2022 1 3
At 31stMarch 2021 1 3
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONK YEAR
2022 2021
f
Social security and other taxes 2,880 4,947
Other creditors 8,427 8,615
Accrued expenses 2 904 2,640
14211 16,202
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR
2022 2021
Bank loans (see note 12) 33,676 40,000
12. LOANS
An analysis ofthe maturity of loans is given below:
2022 2021
g 8
Amounts
falling due between two and five years:
Bank loans - 2-5 years 33,676 40,000

13. ANALYSIS OFNET ASSE TS BETWEEN FUNDS
2022 2021
Unrestricted Restricted Total Total
fund
8
fundf funds funds
8
Fixed assets 3 3 3
Current assets 24,726 24,726 55,336
Current liabilities (14,211) (14,211) (16,202)
Long tenn liabilities (33,676) (33,676) ~40000
23 158 23 158 ~863)
14. MOVEMENT IN FUNDS
Net
movement At
At 1.4.21 in funds 31.3.22
g 8
Unrestricted funds
General fond (863) (22,295) (23,158)
TOTAL FUNDS ~863) (22,295) ~23 158)
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
8 8
Unrestricted funds
General fund 372,039 (394,334) (22,295)
TOTAL FUNDS ~372039 ~394334) ~22 295)
Comparatives for movement in funds
Net
movement At
At 1.4.20 in funds 31.3.21
8
Unrestricted funds
General fund (33,309) 32,446 (863)
TOTAL FUNDS ~33,309) ~32 446 ~863)

Incoming Resources Movement
resources expended in funds
8 8
Unrestricted
funds
General fund 199,580 (167,134) 32,446
Restricted
funds
Restricted fund 206,934 (206,934)
TOTAL FUNDS ~406 S14 ~374068) ~32 446

INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS
Donations and legacies
Parent funding 264,334 80,929
Donation 708 1,293
Other Incomes 807 1 100
265,849 83,322
Charitable
activities
Big Lottery Fund 9,110 37,000
Groundwork 463 8,864
LBLambeth 23,910 22,873
Granton Primary
School
23,633
Hyde Housing Association 10,000 1,988
Covid-19 Response 20,800
HMRC JRS Grant 60,107 206,934
The Apex Foundation 1,100
Hackney Music Development 2,200
Success Life After 400
106190 323,192
Total incoming
resources
372,039 406,514
EXPENDITURE
Charitable
activities
Wages 214,536 259,813
Social security 3,968 4,554
Pensions 1,923 2,094
Insurance 2,954 3,802
Publication
and leaflets
2,352 577
Printing, postage, stationery and telephone 8,869 6,576
Trips and projects 6,173 2,413
Sessional workers 65,485 33,830
Breakfast, Ailerschool and Holiday camp 25,874 13,163
Professional
fees
21,442 3,143
Training 699
Travel and subsistence 1,548 837
Due and subscription 15,596 13,383
Equipment
and materials
13,381 24,918
Hall Hire 6,305
Bank charges 99 149
Independent
Examiner's
fees 3,054 2,520
Fixtures and fittings 409
Motor vehicles 1,188
BBLloan interest 775
394,334 374,068
RTHK YEAR K D ED31STMARCH 2022
2022 2021
Total resources expended ~394334 ~374068
Net (expenditure)/income ~22,295) ~32 446