##
##
##
##
##
##
##
||**−**|**FOR THE **|**YEAR ENDED 31 MARCH 2021**|
|---|---|---|---|
|**Trustees**|||**D**Morris (Acting Chair from September 2020 and|
||||Chair from March 2021)|
||||**D**C Henry MBE (Chair until August 2020)|
||||J Roberts|
||||B Ackim|
||||K James|
||||F Nance|
||||J Rymer (Treasurer)|
|**Chief Executive & Company Secretary**|A Johnson|
|---|---|
|**Registered Charity Number**|1135137|
|**Company Registration Number**|04237777|
|**Registered Office**|**1 −4**Brixton Hill Place|
||London|
||SW2 1HJ|
|**Auditors**|Eric 'Nabarro & Co|
||Chartered Accountants|
||Hyde Park House|
||5 Manfred Road|
||Putney|
||London|
||SW15 2RS|
|**Bankers**|National Westminster Bank Plc|
||68 Baker Street|
||London|
||W1A 2BA|
|**Solicitors**|Wedlake Bell LLP|
||71 Queen Victoria Street|
||London|
||EC4V 4AY|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||**Total**|**Total**|
|---|---|---|---|---|---|
||**Notes**|**Unrestricted**|**Restricted**|**Funds**|**Funds**|
|||**Funds**|**Funds**|**2021**|**2020**|
|||**E**|**£**|**£**|**£**|
|**Incoming Resources**|3|||||
|**Incoming Resources from**||||||
|**generated funds**||||||
|Activities for generating funds||37,215||**37,215**|42,984|
|Government Grants||91,941||**91,941**|3,000|
|**Investment income**||51||**51**|333|
|**CPP −Income from LFN**||1,000||**1,000**||
|**Incoming resources from charitable**||||||
|**Activities for generating funds**||||||
|Support and deliver project for local||||||
|community||||||
|Regeneration income|||104,127|**104,127**|158,356|
|Total income||130,207|104,127|**234,334**|204,674|
|**Other incoming resources**||||||
|Annual capital stage receipt on previous||||||
|sale of properties||0−||||
|**Total incoming Resources**||130,207|104,127|**234 334**|**04,674**|
|**Resources Expended**||||||
|**Charitable Activities**||223,968|61,104|**285,072**|291,212|
|**Governance costs**||2,504|0|**2,504**|3,086|
|**Total resources expended**||226,472|61,104|**287,576**|294,298|
|**Net (outgoing)/ incoming Resources**||(96,265)|43,023|**(53,242)**|(89,624)|
|**Transfer from/to LFN**||||||
|**Add: Transfers to Reserves**||70,569|(70,569)|||
|**Net Movement in Funds**||(25,696)|(27,546)|**(53,242)**|(89,624)|
|**Reconciliation of funds**||||||
|Fund Balances brought−forward||||||
|as at 1 April 2020||539,814|70,964|**610,778**|700,402|
|**Total Funds carried forward as at 31**||||||
|**March 2021**|10|514,118|43,418|**557,536**|610,778|
##
##
|**(COMPANY LIMITED BY GUARANTEE AND N O T HAVING A **
**BALANCE SHEET AS A T 31 MARCH 2021**|**(COMPANY LIMITED BY GUARANTEE AND N O T HAVING A **
**BALANCE SHEET AS A T 31 MARCH 2021**|**(COMPANY LIMITED BY GUARANTEE AND N O T HAVING A **
**BALANCE SHEET AS A T 31 MARCH 2021**|**(COMPANY LIMITED BY GUARANTEE AND N O T HAVING A **
**BALANCE SHEET AS A T 31 MARCH 2021**|**(COMPANY LIMITED BY GUARANTEE AND N O T HAVING A **
**BALANCE SHEET AS A T 31 MARCH 2021**|**SHA**|**RE CAPITAL)**|
|---|---|---|---|---|---|---|
|**Registered number: 04237777**|||||||
||Notes|||−−−2021||2020|
|**TANGIBLE FIXED ASSETS**||lb&6||600,625||603,069|
|**CURRENT ASSETS**|||||||
|Cash at bank and in hand||||317,380||95,335|
|Debtors & prepayments||||35,113||56,193|
|Annual capital stage capital receipt on|||||||
|Previous sale o f properties||||0|||
|||||352,493||151,528|
|**CURRENT LIABILITIES**||7||(2:582)||(19,819)|
||||||.||
|**NET CURRENT ASSETS**||||330,911||131.709|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||||931,536||734,778|
|DEBTOR: amount falling due after more|||||||
|than o n e year|||||||
|CREDITORS: Credits for deferred rental|||||||
|payments that will b e credited t o Statement|||||||
|of financial activities:|||||||
|Bank Loan||||(250;000|||
|Pension provision||||(124;000).||(124,000)|
|**NET ASSETS INCLUDING PENSION **|**LIABILITY**|||557,536||610.778|
|**THE FUNDS OF THE CHARITY**|||||||
|RESTRICTED FUNDS||||43,418||70,964|
|UNRESTRICTED FUNDS|||||||
|General fund||||(86,507)||(60,811)|
|Designated fund||||600,625||600,625|
|**TOTAL CHARITY FUNDS**|||10|557,536||610.778|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|(3) **INCOMING RESOURCES**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total Funds|Total Funds|
||Funds|Funds|2021|2020|
|**Incoming resources from**|||||
|**generated funds**|||||
|Activities for generating funds|**37,215**||**37,215**|**42,984**|
|Voluntary **income**|**91,941**||**91,941**|**3,000**|
|**Incoming resources from charitable activities**|||||
|**Support and deliver project for local community**|||||
|**Regeneration income**|**−**|**104,127**|**104,127**|**158,357**|
|**CPP — Income from LFN**|**1,000**||**1,000**|**−**|
|**Investment income**|**51**|**_**
**−**|**51_**|**333**|
|**Total Income**|**130,207**|**104,127**|**234,334**|**204,674**|
|**Other incoming resources**|||||
|**Annual capital stage receipt on**|||||
|**previous sale of properties**|||||
|**Total Incoming Resources**|**130,207**|**104,127**|**234,334**|**204,674**|
||||2021|2020|
|**(4) This is stated after charging:**|||||
|**Audit fees**|||**2;280**|**2,240**|
|**Depreciation**|||**:2 444**|**2 440**|
|||||ii;n0|
|(5) **STAFF COSTS AND NUMBERS**|||||
|Staff costs incurred during the year in respect of|||||
|These employees were:|||||
|Wages and salaries|||**141;405**|**143,205**|
|Social security costs|||12;370|12,583|
|Other pension **costs**|||**9,353**
**A63.134**|**4,030**
**159,818.**|
|**Particulars of employees:**|||||
|**The average number of employees during**|**the year was as follows:'**||||
||||No|No|
|**Managementstaff**|||**1**|**1**|
|**Operating staff**|||**5**|**5**|
##
##
##
##
||Buildings|Fixtures and|Computer|Total|
|---|---|---|---|---|
|||Fittings|Equipment||
|Cost|||||
|At 1 April 2020||624,902|262,303|887,205|
|**Valuation** A t 1 April 2020|600.625|||600,625|
|31 March 2021|600.625|624.902|262.303|1.487.830|
|**Accumulated Depreciation**|||||
|**At** 1 April 2020||623,747|261,014|884,761|
|charge for the year||1,155|1,289|**2,444**|
|A t 31 March 2021||624.902|262,303|884.205|
|**Net Book Values**|||||
|31 March 2021|600,625|||600,625|
|31 March 2020|600.625|la|1,289|603,069|
|(7)|**CREDITORS:** amounts falling due within one year|2021|2020|
|---|---|---|---|
||Bank Overdraft|15,096|10,424|
||LFN Grants|||
||Trade creditors and Accruals|6.486|9395|
|||21,582|19,819|
|**(8)**|**CREDITORS:** amounts falling due after one year|2021|2020|
||Pension provision|124,000|124,000|
||Bank Loan|250.000||
|||374.000|124,000|
##
##
##
##
|Trustees expenses|224|806|
|---|---|---|
|Auditfees (inc. non−audit fees 2021: £0; 2020: £600)|2,280|2,280|
||2.504|3,086|
##
|**Fund balances are represented by:**||||||
|---|---|---|---|---|---|
|||||2021|2020|
||Unrestricted|Unrestricted|Restricted|Total|Total|
|||Designated||||
|Tangible Fixed Assets||600,625||600,625|603,069|
|Current Assets : due within one year|238,506||113,987|352,493|141,104|
|due more than one year||||||
|Creditors−||||||
|Due within one year|(21,582)|||(21,582)|(9,395)|
|Due more than one year|(374,000)|||(374,000)|(124,000)|
|Transfer between Reserves|70.569||(70,569)|||
|**Net Assets as at 31 March 2021**|(86,507)|600,625|43,418|557,536|610,778|
##
##
##
||At|Incoming|Outgoing|Transfers|At|
|---|---|---|---|---|---|
||1 April 2020|Resources|Resources|between|31 March 2021.|
|||||Funds||
||**£**|**£**|**£**|**£**|**£**|
|Community Development Foundation|1,317|||(1,317)|−|
|Mental Health Foundation|6,524|||(6,524)|−|
|Target and Universal Youth Service|46,715|||**(46,715)**||
|**Lambeth** Council/Community Safety|,|**17,127**|**(4,950)**|**−**|**12,177**|
|**Thrale Almshouse.**|**4,180**||**−**|**(4,180)**|**−_**|
|**Metroplitan TV**|**3,348**|**_**||**(3,348)**||
|**Maudsley charity**||||**0**||
|**National Lottery**|**9,800**|||**(9,800)**||
|**Age U K Warm & Well**|**899**|||(899)||
|Over 50's Projects|(525)||**_**
(253)|525|(253)|
|MTVII||1,000|−||1,000|
|CPP Bike Project||20,000|(7,800)||12,200|
|Clapham Park Youth Projects|−|10,000|−||10,000|
|LFN Others|(9,564)|50,000|(45,332)|9,960|5,064|
|LFN|5,452|5,000||(5,452)|5,000|
|LFN Grants Lambeth|−|||||
|LCF Well Being|2,670|||(2,640)||
|House for Women||1,000||−|1,000|
|Agnes Riley Gardens|149||(2,770)|(149)|,
−(2.770),|
||_.70,965_|.104.127|(61,105)|(70,569)|43,418.|
|**UNRESTRICTED FUNDS**||||||
|The purpose o f the fund is to support and deliver||projects for|the local community.|||
|General funds|(60,811)|130,207|(226,472)|70,569|(86,507)|
|Designated funds|600,625|||−|.600,625|
||539,814|130,207|(226,472)|70,569|514,118|
|(12) **UNRESTRICTED FUNDS**||||||
|**Activities for generating funds is **|**made up of:**|||||
||||At 31.03.2021
At||31.03.2020|
|Kids City|||33,615||33,615|
|Into University|||||2,933|
|Caribbean News Network|||3,600|||
|Room hire|||||6,436|
||||37.215||42.984|
##
##
##
##
||At 31.03.2021|At 31.03.2020|At 31.03.2020|
|---|---|---|---|
|Bike project|||2,680|
|Community Chest|||3,330|
|CPP Fun day|||194|
|Other support|223,968||204,996|
||223.968||211.200|
|**lysis and allocation o f Support Costs**||||
||At 31.03.2021||At 31.03.2020|
|Office and General Running costs|32,296||44,629|
|IT Support|4,514||4,321|
|Salaries and pension costs|163,133||159,818|
|Printing, postage and stationery|729||1,881|
|Subscriptions|502||390|
|Marketing/publicity|||4,503|
|Depreciation|2,444||2,440|
|Finance charges|469||2,408|
|Training & Development|||1,123|
|Travel|||158|
|Repairs|2,832||4,551|
|Legal|8,490||13,213|
|Other central costs|(7,800)||(33,158)|
|Bad debts|12,359||4,337|
|Sponsorship|||2.700|
||223,968||204.996|
##
##
##
##
||2021|2020|
|---|---|---|
|Opening balance on reserves brought forward on 1 April|610,778|600,402|
|Net adverse movement in funds|(53,242)|10,376|
|Transfer from LFN Grants|||
|Transfer to reserves|||
|Transfer from Pension Scheme|||
||557,536|61.0,1713|
##
##
##
##
##
##
##