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2021-03-31-accounts

Contents
Page
Chair's message 3
Report ofthe trustees 4-9
Independent auditor's report 10-14
Statement of financial activities 15
BaIance shect 16
Statement of cash flows 17
Notes to the accounts 18-30

for the year endi ng 31March 2 021
Unrestricted Restricted Total Funds Total Funds
Note Funds Funds 2021 2020
6 E f
Income:
Donations
and legacies		 369,132 52,070 421,202 328,372
Activities for generating funds 102,025 102,025 95,702
Investment
income		 54,189 54,189 56,253
Total income 525,346 52,070 577,416 480,327
Expenditure
Costs ofraising funds:
Costs ofgenerating
voluntary		 income 40,190 40,190 64,561
Expenditure
on charitable		 activities;
Costs of charitable
activities		 447,741 52,070 499,811 358,733
Total expenditure 487,931 52,070 540,001 423,294
Net income/(expenditure) 37,415 37,415 57,033
Other recognised
gains		 and losses
(Losses)/gains
on investment		 assets 14 297,891 297,891 (74,756)
(Losses)/gains
on pension		 deficit revaluation 17 (923) (923) 867
Net movement
in funds		 334,383 334,383 (16,856)
Reconciliation
offunds
Total funds brought
forward		 1,736,516 1,736,516 1,753,372
Total funds carried forward 2,070,899 2,070,899 1,736,516

West London Action for Children West London Action for Children
Balance Sheet
as at 31March 2021
Note 2021 2020
E
Fixed assets
Investments 14 1,825,713 1,527,822
Total Fixed Assets 1,825,713 1,527,822
Current assets
Debtors 15 20,934 14,908
Cash at bank and
in		 hand 293,874 249,955
Total Current Assets 314,808 264,863
Liabilities
Creditors
falling due		 within one year 16 (42,646) (24,206)
Net Current assets 272,162 240,657
Total assets less current liabilities 2,097,875 1,768,479
Provisions for liabilities 17 (26,976) (31,963)
Net assets 2,070,899 1,736,516
The funds ofthe charity:
Unrestricted
income		 funds:
Unrestricted
revenue		 accumulated funds 707,690 623,226
Designated
revenue		 funds 1,363,209 1,113,290
Total unrestricted
funds		 18 2,070,899 1,736,516
Restricted income funds:
Total restricted
income funds		 18
Total charity funds 2,070,899 1,736,516

West London Action for Children Action for Children
Statement of Cash Flows
for the year ending 31March 2021
Note 2021 2020
6 6
Cash used in operating
activities		 20 (10,270) (103,901)
Cash inflows from investing
activities
Dividends
and interest from investments		 54,189 56,253
Cash provided
by (used in) investing		 activities 54,189 56,253
Increase (decrease)
in cash and cash equivalents		 in the
year 43,919 (47,648)
Cash and cash equivalents
at the		 beginning ofthe year 249,955 297,603
Total cash and cash equivalents at the end ofthe year 293,874 249,955

2021 2020
Donations and legacies f f
Statutory bodies 149,403 131,255
Individuals 85,054 49,122
Companies 32,527 16,952
Trusts 106,698 92,419
Schools and churches 47,520 38,624
421,202 328,372

2021 2020
f f
Income from fund raising events and activities 102,025 95,702

2021 2020
f f
Bank interest 878 2,223
Income from listed investments 53,311 54,030
54,189 56,253
6 Analysis ofexpenditure on charitable activities
Client services Client services
2021 2020
f f
Projects and social work payroll costs 311,060 328,826
Sessional workers 8,925 4,279
Childcare 5,010 6,504
Fares 1,245
Recruitment 1,387
Miscellaneous expenditure 4,464 1,873
Resources 43 364
Translation services 2,084 1,839
Staff training 108 750
Supervision 8,755 7,740
Subscriptions 463 1,759
Costs ofgenerating voluntary income: Fundraising
and publicity 40,190 64,561
Governance costs Note 8 5,373 5,394
Support costs Note 8 153,526 (3,227)
540,001 423,294

Client services Client services
2021 2020
f f
Costs (540,001) (423,294)
Funding by Statutory bodies 149,403 131,255
Net cost funded from other income (390,598) (292,039)

8 Analysis of governance and support
General		 costs
Governance		 Total Total Basis of
support function apportion-
ment
2021
f		 2021
f		 2021
f		 2020
f
Administration
payroll
and
related costs		 93,330 93,330 62,664 Staff time
Miscellaneous
expenses		 2,689 2,689 4,848 Usage
*Premises costs 25,000 25,000 (103,886) Floor area
Repairs and
expensed
equipment
Telephone		 1,696
2,414		 1,696
2,414		 676
2,211		 Floor area
Usage
Printing,
postage and
stationery
IT
Bank charges		 718
13,026
1,070		 718
13,026
1,070		 1,579
14,706
944		 Usage
Usage
Usage
Bookkeeping
and accounts
Insurance
Audit fees		 5,055
8,528		 5,373 5,055
8,528
5,373		 4,574
8,457
5,394		 Staff time
Usage
Direct
Total 153,526 5,373 158,899 2,167
Net income (expenditure)
for the year
This is stated after charging: 2021
f		 2020
f
Auditors
remuneration:
Audit fees		 5,373 5,394

2021 2020
f f
Salaries and wages
Social security costs		 404,525
32,655		 395,003
33,099
Pension costs 9,078 10,308
446,258 438,410
No employees
had employee		 benefits
in excess off60,000 (2020:none). Pension costs are
allocated to activities
in proportion		 to the related staffing costs incurred and are wholly
charged to unrestricted funds.
The charity trustees were not paid and did not receive any other benefits from employment
with the Charity
in the		 year (2020: Enil) neither were they reimbursed expenses during the
year (2020:fnil). No charity trustee received payment for professional or other services
supplied to the charity (2020: Enil).
The key management personnel of the Charity comprise the trustees and the Chief Executive
Officer. The total employee
benefits ofthe key management
personnel		 ofthe Charity were
f58,751(2020:E57,599).
Staff numbers
2021 2020
Number Number
Engaged
in charitable		 activities 16 16
Government
grants
2021 2020
Revenue funding f f
London Borough of Hammersmith 43,000 43,000
Royal Borough of Kensington and Chelsea 63,255 63,255
Royal Borough of Kensington and Chelsea - Rent
benefit 25,000 25,000
HMRC - Job Retention Scheme grants 18,148
149,403 131,255
Corporation
taxation

2021 2020
Movement
in fixed asset investments		 f f
Market value brought forward at 1April 2020 1,527,822 1,602,578
Add/Deduct:
net gain		 (loss) on revaluation 297,891 (74,756)
Market value as at 31 March 2021 1,825,713 1,527,822
Investments
at fair value		 2021 2020
Comprised: f f
UK Listed fixed interest income units 38,535 37,706
UK Listed Unit Trust income units 1,787,178 1,490,116
Market value as at 31 March 2021 1,825,713 1,527,822

2021 2020
f E
Other debtors 18,810 10,210
Prepayments 2,124 4,531
Accrued income 167
20,934 14,908

2021 2020
f f
Other creditors and accruals 33,602 14,540
Taxation and social security costs 9,044 9,666
42,646 24,206
17 Provisions
Period ending Period
31March ending 31
March
2021 2020
f f
Provision at start of period 31,963 38,774
Unwinding
ofthe discount factor		 (interest expense) 718 491
Deficit contribution paid (6,628) (6,435)
Remeasurements - impact of any change in
assumptions 923 (867)
Remeasurements -amendments to the contribution
schedule
Provision at end of period 26,976 31,963

From 1 April 2016 to 30 September 2025: f12,945,440 per annum (payable (payable monthly and
increasing 3%each on 1st
April)
From 1 April 2016 to 30 September 2028: f54,560 per annum (payable monthly and
increasing 3%each on 1st
April)

Balance 1 Income Transfer Expenditure Unrealised Funds 31
April 2020 between gains March 2021
funds
f f f f f f
Accumulated fund 623,226 537,141 26,275 (540,001) 61,049 707,690
Designated fund "In
Memory of Elizabeth
Fergusson" 14,000 14,000
Designated fund "The
Sheila Ryde Legacy Fund" 1,113,290 40,275 (40,275) 235,919 1,349,209
1,736,516 577,416 (540,001) 296,968 2,070,899
Analysis of movements in unrestricted
funds		 - previous year
Balance 1 Income Transfer Expenditure Unrealised Funds 31
April 2019 between gains March 2020
funds
f f f f f f
Accumulated fund 532,500 440,047 90,280 (423,294) (16,307) 623,226
Designated services
development fund 50,000 (50,000)
Designated fund "The
Sheila Ryde Legacy Fund" 1,170,872 40,280 (40,280) (57,582) 1,113,290
1,753,372 480,327 (423,294) (73,889) 1,736,516

Name, description, nature nature Balance 1 Income Expenditure Transfers Funds 31
and purpose April 2020 March 2021
f f E E f
Royal Borough of
Kensington
and Chelsea-
Rent benefit 25,000 (25,000)
West London Zone-
Delivery of Mighty Me and
Shining Stars Projects.
27,070 (27,070)
52,070 (52,070)
Analysis ofmovements in restricted funds - previous year
Name, description, nature Balance 1 Income Expenditure Transfers Funds 31
and purpose April 2019 March 2020
E f
Royal Borough of
Kensington
and Chelsea-
Rent benefit 25,000 (25,000)
West London Zone-
Delivery of Mighty Me and
Shining Stars Projects.
7,535 (7,535)
32,535 (32,535)
Analysis ofnet assets between funds
Accumul- Designated Restricted Funds 31
ated Fund Funds Funds March 2021
f f E f
Tangible
fixed assets		 476,504 1,349,209 1,825,713
Cash at bank and
in		 hand 279,874 14,000 293,874
Other net current
liabilities		 (21,712) (21,712)
Provisions for liabilities (26,976) (26,976)
707,690 1,363,209 2,070,899

Accumul- Designated Restricted Funds 31
ated Fund Funds Funds March 2020
f f f f
Tangible fixed assets 414,532 1,113,290 1,527,822
Cash at bank and in hand 249,955 249,955
Other net current liabilities (9,298) (9,298)
Provisions for liabilities (31,963) (31,963)
623,226 1,113,290 1,736,516

2021 2020
f f
Net movement
of		 funds 334,383 (16,856)
(Deduct) dividends and interest income
shown
in investing		 activities (54,189) (56,253)
(Deduct)/add
unrealised
(Gains) / losses (297,891) 74,756
Decrease/(increase) in debtors (6,026) 37,704
Increase/(decrease) in creditors 18,440 (136,441)
Increase/(decrease) in provisions (4,987) (6,811)
Net cash used
in operating		 activities (10,270) (103,901)