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|Trustees' annual report (incorporating||the director's||report)||
|Independent
auditor's|report to the members|||||
|Statement offinancial|activities (including||income|and expenditure||
|account)|||||10|
|Statement offinancial|position|||||
|Statement ofcash flows|||||12|
|Notes to the financial|statements||||13|
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|Reference|and administrative
|and administrative
|details|details|||
|---|---|---|---|---|---|---|
|Registered|charity name||Side by Side (Children)||Limited||
|Charity registration||number|1135723||||
|Company|registration|number|06962081||||
|Principal|office and registered||10Craven Walk||||
|office|||London||||
||||N166BT||||
|The trustees|||Mr JMargulies||||
||||Mr S S Sinitsky||||
||||Mrs H Z Weiss||||
||||Mr C M Margulies||||
||||Mr JSorotzkin||||
|Auditor|||Cohen Arnold||||
||||Chartered
accountants||&statutory|auditor|
||||New Burlington|House|||
||||1075Finchley Road||||
||||LONDON||||
||||NW11 OPU||||
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note||8|||
|Income and endowments|||||||||
|Donations
and legacies||||5|549,855|31,659|581,514|867,718|
|Charitable
activities||||6|1,932,932||1,932,932|1,903,442|
|Investment
income||||7|318||318|257|
|Other income||||8|5,409||5,409|63,788|
|Total income|||||2,488,514|31,659|2,520,173|2,835,205|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising|donations||and||||||
|legacies||||9|58,992||58,992|98,643|
|Expenditure
on charitable||activities||10,11|2,724,002|23,659|2,747,661|2,550,665|
|Total expenditure|||||2,782,994|23,659|2,806,653|2,649,308|
|Net (expenditure)/income||and|net||||||
|movement
iu funds|||||(294,480)|8,000|(286,480)|185,897|
|Reconciliation offunds|||||||||
|Total funds brought|forward||||1,082,774||1,082,774|896,877|
|Total funds carried|forward||||788,294|8,000|796,294|1,082,774|
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|||||2022|2021|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible fixed assets|||16|49,476|73,171|
|Current assets||||||
|Debtors|||17|1,662,889|1,254,640|
|Cash at bank|and in hand|||54,440|324,144|
|||||1,717,329|1,578,784|
|Creditors: amounts||falling due within one year|18|934,678|523,348|
|Net current|assets|||782,651|1,055,436|
|Total assets|less current liabilities|||832,127|1,128,607|
|Creditors: amounts||falling due after more than one year|19|35,833|45,833|
|Net assets||||796,294|1,082,774|
|Funds ofthe|charity|||||
|Restricted funds||||8,000||
|Unrestricted|funds|||788,294|1,082,774|
|Total charity|funds||21|796,294|1,082,774|
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||||2022|2021|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(286,480)|185,897|
|Adj nstmen/s for:|||||
|Depreciation oftangible fixed assets|||23,695|24,739|
|Other interest receivable
and similar income|||(318)|(257)|
|Interest payable and similar|charges||500|5,952|
|Accrued expenses|||891||
|Changes in:|||||
|Trade and other debtors|||(408,249)|54,795|
|Trade and other creditors|||404,606|(27,439)|
|Cash generated
from operations|||(265,355)|243,687|
|Interest paid|||(500)|(5,952)|
|Interest received|||318|257|
|Net cash (used in)/from
operating||activities|(265,537)|237,992|
|Cash flows from financing|activities||||
|Proceeds from borrowings|||(4,167)|50,000|
|Net cash (used in)/from
financing||activities|(4,167)|50,000|
|Net (decrease)/increase
in cash||aad cash equivalents|(269,704)|287,992|
|Cash and cash equivalents|at beginning ofyear||324,144|36,152|
|Cash and cash equivalents|at end ofyear||54,440|324,144|
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|
amount of an asset as a result ofrevaluation
is recognised
in other recognised
gains and
except to which it offsets any previous
revaluation
gain, in which case the loss is shown
other recognised
gains and losses on the statement offinancial activities.
Depreciation|losses,
within|
|---|---|
|Depreciation
is calculated so as to write offthe cost or valuation ofan asset, less its residual|value,|
|over the useful economic life ofthat asset as follows:||
|Freehold property
20%straight
line||
|Fixtures and fittings
15%reducing balance||
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|Side by Side (Children)
Limited is a
Donations
and legacies|registered
charity and acompany|limited by gu|arantee.|
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
|Donations||||
|General Donations|499,530||499,530|
|Grants||||
|Grants receivable|50,325|31,659|81,984|
||549,855|31,659|581,514|
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|5.|Donations|and legacies (a nr(nvedJ|and legacies (a nr(nvedJ|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||Donations|||||||
||General Donations||||827,105||827,105|
||Grants|||||||
||Grants receivable|||||40,613|40,613|
||||||827,105|40,613|867,718|
|6.|Charitable|activities||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
||||||f.|||
||Government|income||1,932,932|1,932,932|1,903,442|1,903,442|
|7.|Investment|income||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
||Bank interest receivable|||318|318|257|257|
|8.|Other income|||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
||Coronavirus|Job Retention|Scheme|||||
||Grant|||5,409|5,409|63,788|63,788|
|9.|Costs ofraising donations||and legacies|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
||||||s|||
||Costs ofraising donations||and legacies|||||
||- Events|||58,992|58,992|98,643|98,643|
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|Expenditure
on charitable
activities|by fund type|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
||8|||
|Side by Side School|2,713,364|23,659|2,737,023|
|Support costs|10,638||10,638|
||2,724,002|23,659|2,747,661|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Side by Side School|2,498,481|40,613|2,539,094|
|Support costs|11,571||11,571|
||2,510,052|40,613|2,550,665|
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|Expenditure|on charitable
ac|tivities by activity typ|e|||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken||Total funds|Total fund|
|||directly|Support costs|2022|2021|
|Side by Side|School|2,737,023||2,737,023|2,539,094|
|Governance|costs||10,638|10,638|11,571|
|||2,737,023|10,638|2,747,661|2,550,665|
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||Net (expenditure)/income
is stated atter c|harging/(crediting):|||
|---|---|---|---|---|
||||2022|2021|
||Depreciation oftangible fixed assets||23,695|24,739|
|13.|Auditors
remuneration||||
||||2022|2021|
||Fees payable forthe audit ofthe financial|statements|9,600|9,600|
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|Staty costs|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
||||2022|2021|
|Wages and salaries|||1,830,950|1,785,046|
|Social security costs|||91,907|86,084|
|Employer contributions|to pension|plans|28,987|21,015|
||||1,951,844|1,892,145|
||||1,951,844|1,892,145|
|---|---|---|---|---|
|The average head count ofemployees||during|the year was 137(2021:130).||
|The number ofemployees|whose remuneration||for the year fell within the following|bands, were:|
||||2022|2021|
||||No.|No.|
|f80,000tof89,999
f90,000tof99,999|||1|1|
||||1|1|
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|incurred by the trustees for services provided to
Tangible fixed assets|the charity.|||
|---|---|---|---|
||Freehold|Fixtures and||
||property|fittings|Total|
|Cost||||
|At 1 May 2021 and 30April 2022|169,735|76,958|246,693|
|Depreciation||||
|At 1 May 2021|135,995|37,527|173,522|
|Charge for the year|17,780|5,915|23,695|
|At 30April 2022|153,775|43,442|197,217|
|Carrying
amount||||
|At 30April 2022|15,960|33,516|49,476|
|At 30April 2021|33,740|39,431|73,171|
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|17.|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Trade debtors|||398,163|18,821|
||Prepayments
and accrued income||||8,333|
||Other debtors|||1,264,726|1,227,486|
|||||1,662,889|1,254,640|
|18.|Creditors: amounts|falling due within|one year|||
|||||2022|2021|
||Bank loans and overdratts|||10,000|4,167|
||Trade creditors|||66,068|124,352|
||Accruals and deferred|income||395,720|394,829|
||Social security and other taxes|||19,189||
||Other creditors|||443,701||
|||||934,678|523,348|
|19.|Creditors: amounts|falling due atter more than one year||||
|||||2022|2021|
||Bank loans and overdratls|||35,833|45,833|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||At|||At 30April||
|||I|May 2021|Income|Expenditure||2022|
|Geneml|funds||1,082,774|2,488,514|(2,782,994)||788,294|
||||At||||At|
|||I|May 2020|Income|Expenditure|30|April 2021|
|General|funds||896,877|2,794,592|(2,608,695)||1,082,774|
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||Restricted fiinds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At 30April|
||||I May 2021|Income|Expenditure||2022|
||Restricted Fund|||31,659|(23,659)||8,000|
||||At||||At|
||||I May 2020
f|Income|Expenditure|30April 2021||
||Restricted Fund|||40,613|(40,613)|||
|22.|Analysis ofnet assets between|funds||||||
|||||Unrestricted|Restricted||Total Funds|
|||||Funds|Funds||2022|
||Tangible fixed assets|||49,476|||49,476|
||Current assets|||1,709,329|8,000||1,717,329|
||Creditors less than I year|||(934,678)|||(934,678)|
||Creditors greater than I year|||(35,833)|||(35,833)|
||Net assets|||788,294|8,000||796,294|
|||||Unrestricted|Restricted||Total Funds|
|||||Funds|Funds||2021|
||Tangible fixed assets|||73,171|||73,171|
||Current assets|||1,578,784|||1,578,784|
||Creditors less than I year|||(523,348)|||(523,348)|
||Creditors greater than I year|||(45,833)|||(45,833)|
||Net assets|||1,082,774|||1,082,774|
|23.|Analysis ofchanges in net debt|||||||
|||||At|||At|
|||||I May 2021
f|Cash flows||30Apr 2022|
||Cash at bank and in hand|||324,144|(269,704)||54,440|
||Debt due within one year|||(4,167)|(5,833)||(10,000)|
||Debt due after one year|||(45,833)|10,000||(35,833)|
|||||274,144|(265,537)||8,607|
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