## ## ## ## |Contents|||| |---|---|---|---| ||||Page| |Chair's message
Report ofthe trustees|||3
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| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||fo|r the year ending|31March 202|3|| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total Funds|Total Funds| |||||Note|Funds|Funds|2023|2022| ||||||E|E|E|E| |Income:||||||||| |Donations
and legacies|||||226,190|246,432|472,622|326,948| |Activities for generating|funds||||99,120||99,120|83,413| |Investment
income|||||52,942||52,942|50,187| |Total income|||||378,252|246,432|624,684|460,548| |Expenditure||||||||| |Casts afraising funds:||||||||| |Costs ofgenerating
voluntary|||income||45,013||45,013|40,612| |Expenditure
on charitable||activities:||||||| |Costs ofcharitable
activities|||||375,966|246,432|622,398|562,994| |Total expenditure|||||420,979|246,432|667,411|603,606| |Net (expenditure)/income|||||(42,727)||(42,727)|(143,058)| |Other recognised
gains|and losses|||||||| |Gains/(losses)
on investment|||assets|14|(120,030)||(120,030)|27,620| |Gains/(losses)
on pension||deficit revaluation||17|53||53|17,204| |Net movement
in funds|||||(162,704)||(162,704)|(98,234)| |Reconciliation
offunds||||||||| |Total funds brought
forward|||||1,972,665||1,972,665|2,070,899| |Total funds carried forward|||||1,809,961||1,809,961|1,972,665| ## |||||West London Action for Children|West London Action for Children|| |---|---|---|---|---|---|---| |||||Balance Sheet||| |||||as at 31March 2023||| |||||Note|2023|2022| |||||||f| |Fixed assets||||||| |Investments||||14|1,733,303|1,853,333| |Total Fixed Assets|||||1,733,303|1,853,333| |Current assets||||||| |Debtors||||15|23,969|13,810| |Cash at bank and in|hand||||194,734|201,518| |Total Current Assets|||||218,703|215,328| |Liabilities||||||| |Creditors falling due within one year||||16|(140,068)|(92,895)| |Net Current assets|||||78,635|122,433| |Total assets less current||liabilities|||1,811,938|1,975,766| |Provisions for liabilities||||17|(1,977)|(3,101)| |Net assets|||||1,809,961|1,972,665| |The funds ofthe charity:||||||| |Unrestricted
income funds:||||||| |Unrestricted
revenue accumulated|||funds||500,505|580,470| |Designated
revenue|funds||||1,309,456|1,392,195| |Total unrestricted|funds|||18|1,809,961|1,972,665| |Restricted income funds:||||||| |Total restricted
Income funds||||18||| |Totalcharityfunds|||||1,809,961|1,972,665| ## ||||||West|London|Action for Children|Action for Children|| |---|---|---|---|---|---|---|---|---|---| ||||||Statement||of Cash Flows||| |||||for the||year ending 31March||2023|| |||||||Note||2023|2022| |||||||||f|f| |Cash used in operating
activities||||||20||(59,726)|(142,543)| |Cash inflows from investing||activities|||||||| |Dividends
and|interest from investments|||||||52,942|50,187| |Cash provided|by (used in)|investing|activities|||||52,942|50,187| |Increase (decrease) in cash||and cash|equivalents||in the||||| |year||||||||(6,784)|(92,356)| |Cash and cash|equivalents|at the beginning||ofthe year||||201,518|293,874| |Total cash and|cash equivalents
at the end|||of|the year|||194,734|201,518| ## ## ## ## ## ## ## ## ## ## ## |||2023|2022| |---|---|---|---| |Donations|and legacies|f|f| |Statutory|bodies|132,889|146,184| |Individuals||51,955|59,447| |Companies||56,163|6,510| |Trusts||168,088|83,904| |Legacies||5,000|| |Schools and churches||58,527|30,903| |||472,622|326,948| ## ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||f|f| ||Bank interest|||||||3,278|611| ||Income from||listed|investments||||49,664|49,576| |||||||||52,942|50,187| |6|Analysis of expenditure||||on charitable||activities||| |||||||||Client services|Client services| |||||||||2023|2022| |||||||||f|f| ||Projects and||social|work|payroll costs|||420,344|352,730| ||Sessional workers|||||||8,630|8,325| ||Childcare|||||||1,684|3,563| ||Fares|||||||989|609| ||Recruitment|||||||3,343|1,073| ||Miscellaneous||expenditure|||||3,738|2,513| ||Resources|||||||1,119|776| ||Translation|services||||||2,174|2,729| ||Staff training|||||||380|1,655| ||Supervision|||||||10,778|7,484| ||Subscriptions|||||||1,727|315| ||Costs ofgenerating|||voluntary||income:|Fundraising||| ||and publicity|||||||45,013|40,612| ||Governance||costs||||Note 8|7,715|5,387| ||Support costs||||||Note 8|159,777|175,835| |||||||||667,411|603,606| |7|Summary|analysis of|analysis of|expenditure|and related income for charitable|and related income for charitable|purposes| |---|---|---|---|---|---|---|---| |||||||Client services|Client services| |||||||2023|2022| |||||||f|f| ||Costs|||||(667,411)|(603,606)| ||Funding|by Statutory||bodies||132,889|146,184| ||Net cost|funded|from|other income||(534,522)|(457,422)| ## |8|Analysis ofgovernance|and support|costs|||| |---|---|---|---|---|---|---| |||General|Governance|Total|Total|Basis of| |||support|function|||apportion-| |||||||ment| |||2023|2023|2023|2022|| |||f|f|f|f|| ||Administration|||||| ||payroll
and|||||| ||related costs|81,947||81,947|80,791|Staff time| ||Miscellaneous|||||| ||expenses|8,851|501|9,352|11,640|Usage| ||Premises costs|31,230||31,230|36,776|Floor area| ||Repairs and|||||| ||expensed|||||| ||equipment|2,110||2,110|1,068|Floor area| ||Telephone|3,979||3,979|2,660|Usage| ||Printing,|||||| ||postage and|||||| ||stationery|1,078||1,078|1,040|Usage| ||IT|16,084||16,084|24,532|Usage| ||Bank charges|988||988|1,583|Usage| ||Bookkeeping|||||| ||and accounts|6,250||6,250|6,041|Staff time| ||Insurance|7,260||7,260|9,704|Usage| ||Audit fees||7,214|7,214|5,387|Direct| ||Total|159,777|7,715|167,492|181,222|| ||2023|2022| |---|---|---| |This is stated after charging:|f|f| |Auditors
remuneration:||| |Audit fees|7,214|5,387| ## ||2023|2022| |---|---|---| ||f|f| |Salaries and wages|487,598|426,289| |Social security costs|42,814|35,364| |Pension costs|12,592|10,882| ||543,004|472,535| ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||||Number|Number| ||Engaged|in|charitable|activities||22|19| |12|Government||grants||||| |||||||2023|2022| ||Revenue|funding||||f|f| ||London|Borough ofHammersmith||||44,634|43,000| ||Royal Borough of Kensington||||and Chelsea|63,255|71,255| ||Royal Borough of Kensington||||and Chelsea—||| ||Rent benefit|||||25,000|25,000| ||HMRC -|Job|Retention|Scheme grants|||6,929| |||||||132,889|146,184| ## ## ## ## ||2023|2022| |---|---|---| |Movement
in fixed asset investments|f|f| |Market value brought
forward
at 1April 2022|1,853,333|1,825,713| |Add/Deduct:
net gain (loss) on revaluation|(120,030)|27,620| |Market value as at 31March 2023|1,733,303|1,853,333| |Investments
at fair value|2023|2022| |Comprised:|f|f| |UK Listed fixed interest income units|32,895|35,899| |UK Listed Unit Trust income units|1,700,408|1,817,434| |Market value as at 31March 2023|1,733,303|1,853,333| ## ||2023|2022| |---|---|---| ||f|f| |Other debtors|3,450|7,550| |Prepayments|20,519|6,260| ||23,969|13,810| ## ## |16|Creditors:|amounts|amounts|falling due within one year|falling due within one year||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||f|f| ||Other creditors||and|accruals||129,241|82,731| ||Taxation and social|||security costs||10,827|10,164| |||||||140,068|92,895| |17|Provisions||||||| |||||||Period ending|Period ending| |||||||31March|31March| |||||||2023|2022| |||||||f|f| ||Provision|at start of period||||3,101|26,976| ||Unwinding|ofthe discount factor|||(interest expense)|59|156| ||Deficit contribution|||paid||(1,130)|(6,827)| ||Remeasurements||-|impact ofany|change
in||| ||assumptions|||||(53)|(17,204)| ||Remeasurements||-|amendments|to the contribution||| ||schedule||||||| ||Provision|at end|of|period||1,977|3,101| ## ## ## |||Balance 1|Income|Transfer|Expenditure|Unrealised|Funds 31| |---|---|---|---|---|---|---|---| |||April 2022||between||gains|March 2023| |||||funds|||| |||f|f|E|f|E|f| |Accumulated|fund|580,470|587,456|37,228|(667,411)|(37,238)|500,505| |Designated|fund "In||||||| |Memory of Elizabeth|||||||| |Fergusson"||14,000|||||14,000| |Designated|fund "The||||||| |Sheila Ryde|Legacy Fund"|1,378,195|37,228|(37,228)||(82,739)|1,295,456| |||1,972,665|624,684||(667,411)|(119,977)|1,809,961| |Analysis of|movements|in unrestricted
funds|- previous|year|||| |||Balance 1|Income|Transfer|Expenditure|Unrealised|Funds 31| |||April 2021||between||gains|March 2022| |||||funds|||| |||E|E|f|f|f|f| |Accumulated|fund|707,690|423,328|37,220|(603,606)|15,838|580,470| |Designated|fund "In||||||| |Memory of Elizabeth|||||||| |Fergusson"||14,000|||||14,000| |Designated|fund "The||||||| |Sheila Ryde|Legacy Fund"|1,349,209|37,220|(37,220)||28,986|1,378,195| |||2,070,899|460,548||(603,606)|44,824|1,972,665| ## ## ## |on the accounts|on the accounts||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Analysis ofmovements|||in|restricted|funds||||||| |Name, description,|nature|||Balance||1|Income|Expenditure|Transfers|Funds|31| |and purpose||||April|2022|||||March 2023|| ||||||f||f|f|f||E| |Royal Borough of|||||||||||| |Kensington
and Chelsea-|||||||||||| |Rent benefit|||||||25,000|(25,000)|||| |Rockspring
Charitable||Trust|||||||||| |via Kensington
&Chelsea|||||||||||| |Foundation
—Mighty|Me||||||||||| |project|||||||24,000|(24,000)|||| |Children
in Need|||||||33,462|(33,462)|||| |Goldman
Sachs Giving|||||||50,000|(50,000)|||| |City Bridge Trust|||||||26,700|(26,700)|||| |The Hurlinham
Academy-|||||||||||| |therapist|||||||5,100|(5,100)|||| |The Band Trust - Donation|||||||||||| |towards cost of printer|||||||||||| ||||||||1,000|(1,000)|||| |Westside Academy Trust-|||||||||||| |In school counselling|||||||5,732|(5,732)|||| |John Lyons Charity - DRIFT|||||||||||| |project|||||||18,958|(18,958)|||| |The Lightbulb
Trust|grant||||||||||| |for 2022-23|||||||27,720|(27,720)|||| |West London Zone-|||||||||||| |Therapeutic
work in|schools||||||||||| ||||||||28,760|(28,760)|||| ||||||||246,432|(246,432)|||| |Analysis of movements|||in|restricted|funds||- previous year||||| |Name, description,|nature|||Balance 1|||Income|Expenditure|Transfers|Funds 31|| |and purpose||||April 2021||||||March 2022|| |||||||E|E||||| |Royal Borough of|||||||||||| |Kensington
and Chelsea-|||||||||||| |Rent benefit|||||||25,000|(25,000)|||| |Kensington
&Chelsea|||||||||||| |Foundation
- Mighty|Me||||||||||| |project|||||||8,000|(8,000)|||| |Children
in Need|||||||14,852|(14,852)|||| |Goldman
Sachs Giving|||||||25,000|(25,000)|||| |Hurlingham
Academy—|||||||||||| |Towards
in-school therapist|||||||||||| |and counselling|||||||||||| ||||||||3,450|(3,450)|||| |West London Zone-|||||||||||| |individual
counselling|||||||5,900|(5,900)|||| ||||||||82,202|(82,202)|||| ## ||||||Accumul-|Designated|Restricted|Funds 31| |---|---|---|---|---|---|---|---|---| ||||||ated Fund|Funds|Funds|March 2023| ||||||f|f|f|f| |Tangible fixed|assets||||437,847|1,295,456||1,733,303| |Cash at bank and||in hand|||180,734|14,000||194,734| |Other net current||liabilities|||(116,099)|||(116,099)| |Provisions for|liabilities||||(1,977)|||(1,977)| ||||||500,505|1,309,456||1,809,961| |Analysis ofnet assets between||||funds - previous year||||| ||||||Accumul-|Designated|Restricted|Funds 31| ||||||ated Fund|Funds|Funds|March 2022| ||||||f|f|f|f| |Tangible fixed|assets||||475,138|1,378,195||1,853,333| |Cash at bank and||in hand|||187,518|14,000||201,518| |Other net current||liabilities|||(79,085)|||(79,085)| |Provisions for|liabilities||||(3,101)|||(3,101)| ||||||580,470|1,392,195||1,972,665| |Reconciliation|of|net movement||in funds|to net cash flow|from operating|activities|| |||||||2023|2022|| |||||||f|f|| |Net movement|offunds|||||(162,704)|(98,234)|| |(Deduct) dividends||and interest||income||||| |shown
in investing||activities||||(52,942)|(50,187)|| |(Deduct)/add|unrea lised|||||||| |(Gains) / losses||||||120,030|(27,620)|| |Decrease/(increase)
in debtors||||||(10,159)|7,124|| |Increase/(decrease)
in creditors||||||47,173|50,249|| |Increase/(decrease)||in provisions||||(1,124)|(23,875)|| |Net cash used|in operating||activities|||(59,726)|(142,543)|| ##