2021-03-31-accounts

CONTENTS	Page No
Legal and Administrative Information
Report ofthe Trustees	4 —9
Report ofthe Independent Examiner	10
Statement of Financial Activities
Balance Sheet	12 —13
Notes to the Financial Statements	14 —19
Detailed Statement of Financial Activities	20 —21

		Restricted	Unrestricted	Total	Total
		Funds	Funds	2021	2020
	Notes		6	6
INCOMING RESOURCES
Incoming resources frrrm genenrted fonda
Voluntary income	2	201,903	44415	246,318	67,250
Donations and other income	3	164,554	565,893	730,448	536,809
Investment income			86	86	31
Other income			414	414
TOTAL INCOMING RESOURCES		366,467	610,809	977,266	604,090
RESOURCES EXPENDED
Costofgenereting fimds
Charitable activities	5	151,240	398,699	549,939	455,282
Governance cost	6		1,750	1,750	25,556
Management costs		49,814	54,598	104,411	83,350
Finance cost			(8,481)	(8,481)	1,816
TOTAL RESOURCES EXPENDED		201,053	446,565	647,619	666,004
NET INCOME / EXPENDITURE FOR THE YEAR		166304	164,243	329,647	38,086
RECONCIUATION OF FUNDS
Total funds brought forward		55,678	14,258	69,936	31,850
TOTAL FUNDS CARRIED FORWARD		221,082	178,601	399,682	69,936

			Total 2021	Total 2020
		Notes
FIXEDASSETS
Intangible assets
Tangible assets		12	23,104	19,814
			23,104	19,814
CURRENT ASSETS
Trade debtors		13	24,000	1,820
Cash at bank and in hand			371,770	81,422
			396,770	83,242
CREDITORS: due within	one year	14	(19,292)	(33,120)
NET CURRENT ASSETS	(LIABILmES)		376,478	60,122
TOTAL ASSETSLESSCURRENT LIABILITIES			399,682	69,936
Restricted funds			221,082	55,678
Unrestricted funds			178,500	14,258
			399,682	69,936

2. VOLUNTARY INC	OM	E: GRANTS AND FUND	ING
			Restricted Funds	Unrestricted Funds	Total 2021	Total 2020
			6	E
Action for Bow			33,000		33,000
Anton Jurgens Foundation				7,015	7,015
City of London			39,110		39,110
Clarion Futures			5,000		5,000
COVID HM Treasury	Grant			30,000	30,000
East End Community	Foundation		30,330	2,500	32,830
Grocers Charity						5,000
ICS			7,338		7,338
IFCO				2,500	2,500	4,250
Lehman Brothers Foundation						20,000
London Community	Response Fund		10,000		10,000
Marriage Trust Veale				2,000	2,000
National Lottery &Cabinet Office			50,500		50,500
Neighbourly Limited				400	400
Pears Foundation						35,000
Southern Housing Group			3,500		3,500
The Fore			5,000		5,000
The London Community		Foundation	3,125		3,125
Wakefield Trust			10,000		10,000
World Traders						3,000
Worshipful Company	of	Fishmongers	4,000		4,000
Worshipful Company	of	Leathersellers	1,000		1,000
Total			201,903	44316	246,318	67460

		Restricted Fundsf	Fundsf	Total 2021 f	Total 2020 f
Donations in Kind		114,437	75,154	189,501	255,906
Other Donations		50,117	490,729	540,847	279,903
Total		164,664	666,893	730rWS	636,809
4. INVESTMENT INCOME
		Restricted Fundsf	Fundsf	Total 2021 f	Total 2020 f
Investment Income			85	85	31
Total			86	86	31
6. CHARITABLE ACTIVITIES
		Restricted Fundsf	Unrestricted Fundsf	Total 2021 f	Total 2020 f
Advertisement and Promotion			1,388	1,388	2,701
Equipment Storage		5,805	10,329	15,134	5,805
Food and Distribution	Cost	12,170	5,985	18,155	1,123
Project Costs		11,237	75,941	87,178	151,633
Rent and Rates		62,909	15,319	78,228	90,401
Salaries and Wages		59,118	289,738	348,857	203,519
Total		161440	398,699	649,939	466,282
6. GOVERNANCE COST
		Restricted Funds	Unrestricted Funds	Total 2021	Tot@2020
		f	f	f	E
Accountancy and Examiner Fees			1,750	1,750	25,555
Total			1,760	1,760	26,666

7. MANAGEMENT	COS	TS
			Restricted Fundsf	Unrestricted Fundsf	Total 2021 E	Total 2020
Computer Costs				59	59
Depreciation				12,172	12,172	15,843
Health and Safety				503	503
Insurances				2,956	2,956	2,347
ITand Computer	Expenses		44,667	1,825	46,492	40,654
Legal and professional		fees		5,230	5,230	2,986
Light, Gas and Heating				2,044	2,044	3,369
Miscellaneous Expenses			1,240		1,240
Motor Vehicle Expenses			143	705	848
Office Expense				5,143	5,143
Printing, Postage	and Stationery		205	1,236	1,440	2,184
Recruitment costs				894	894	1,834
Repairs, Renewals	and	Cleaning		3,545	3,545	2,911
Staff Entertainment				1,152	1,152
Staff training			609	30	639	130
Staff Welfare				166	166
Subscriptions				807	807	909
Telephone Costs			2,950	6,652	9,602	5,083
Travel and subsistence				7,710	7,710	2,933
Volunteer Expenses						2,166
Website				1,770	1,770
Total			492I14	54,598	104v411	83,350
8. FINANCE COST
			Restricted Fundsf	Unrestricted Funda E	f Total 2021	f Total 2020
Bank charges				85	85	298
Gains 7losses on	the disposal offixed assets			856	856
Interest paid						1,518
Write offs				(9,422)	(9,422)
Total				(8,481)	(8,481)	1,816

10. STAFF COSTS
				2021	2020
The average number of employees	analysed	by function:		11	8
No employee received remuneration	of more	than 860,000 per annum
				2021	2020
					f
Wages and Salaries				322,280	182,665
Social Security costs				26,576	20,954
Total				348,867	203,619
11.INTANGIBLE RXEDASSETS
			Webslte,		Total
				E	E
Cost
As at 1st April 2020				53,630	53,630
As at31"March 2021				63,630	63,630
Depreciation
As at 1st April 2020				53,630	53,630
Provided during the period
As at31"March 2021				63,630	63,630
Net BookValue
As at 1st April 2020
As at31"March 2021
12. TANGIBLE FIXEDASSETS
			Van	Computer Equipment	Total
				6	6
Cost
As at 1st April 2020			35,082	37,555	72,637
Additions				16,319	16,319
Disposals				856	856
As at31"March 2021			36,082	63,018	88,100
Depreciation
As at 1st April 2020			35,082	17,742	52,824
Provided during the period				12,172	12,172
As at31"March 2021			36,082	29,914	64,996
Net BookValue
As at 1st April 2020				19,813	19,813
As at31"March 2021				23,104	23,104

13. DEBTORS
					2021f	2020f
Trade Debtors					24,000	1,820
Total					24,000	1,820
14. CREDITORS: amounts		falling due within one year
					2021f	2020f
Accrued Expenses					216	12,237
Deferred Income					10,100
Net Wages					921	10,778
Other Creditors, Taxation,		and Social Security			7,226	5,511
Trade Creditor					829	4,594
Total					19,292	33,120
				Incoming	Resources	Movement
				Resourcesf	Expendedf	in Fundsf
Restricted Funds				366,457	201,053	165,404
Unrestricted Funds				510,809	446,565	164,243
Total				977,266	647,619	329,647
			Restricted	Unrestricted	Total	Total
			Funds f	Funds f	2021f	2020f
General fund for the	year		165,404	I64,243	329,647	38,086
General fund brought	forward		55,678	14,258	69,936	31,850
Total funds			221,082	178,600	399,682	69,936

		FIRSTLOVE FOUNDATION UMITED	FIRSTLOVE FOUNDATION UMITED
		DETAILED INCOME AND EXPENDITURE
		FORTHE YEAR ENDED
		31 MARCH 2021
		Restricted	Unrestricted	Total	Total
		Funds	Funds	2021	2020
		E	6	6	6
INCOMING RESOURCES
Voluntary Income
Grants and Funding		201,903	44,415	246,318	67,250
Donations in Kind		114,437	75,164	189,601	256,906
Other Donations		50,117	490,729	540,847	279,903
Investment Income			86	86	31
Otherlncome			414	414
		366,467	610,809	977,266	604,090
RESOURCES EXPENDED
Charitable Activities
Salaries and Wages		59,118	289,738	348,857	203,619
Rent and Rates		62,909	15,319	78,228	90,401
Project Costs		11,237	75,941	87,178	I51,633
Equipment Storage		5,805	10,329	16,134	5,805
Food and Distribution	Cost	12,170	5,985	18,156	1,123
Advertisement and Promotion			1,388	1,388	2,701
		161,240	398,699	649,939	466482
GOVERNANCECOST
Accountancy and Examiner Fees			1,750	1,750	25,556
			1,760	1,760	26,666
SUPPORT COSTS:MANAGEMENT
Computer Costs			59	59
Data and Telecommunication		2,950	6,652	9,602	5,083
Depreciation			12,172	12,172	15,843
Health and Safety			503	503
Insurance			2,956	2,956	2,347
ITand Computer Consumables		44,667	1,825	46,492	40,654
Legal and Professional	Fees		5,230	5,230	2,986
Light and Heating			2,044	2,044	3,369
Membership and Subscription			807	807	909
Miscellaneous Expenses		1,240		1,240
Motor Vehicle Expenses		143	705	848
Office Expense			5,143	5,143
Printing, postage, and	stationery	205	1,236	1,440	2,184
Recruitment Cost			894	894	1,834

			Restricted	Unrestricted	Total	Total
			Funds	Funds	2021	2020
			E	8	8	f
SUPPORT COSTS:MANAGEMENT		(cont'd)
Repairs, Renewals	and Cleaning			3,545	3,545	2,911
Staff Entertainment				1,152	1,152
Staff Training			609	30	639	130
Staff Welfare				166	166
Travel and Subsistence				7,710	7,710	2,933
Volunteers' Expenses						2,166
Website				1,770	1,770
Total			49/f14	64,698	104,411	83,360
FINANCE COST
Interest Paid						1,518
Bank Charges				85	85	298
Gains / Losses on	the disposal of	Fixed Assets		856	856
Write Offs				(9,422)	(9,422)
				(8,481)	(Srl81)	1,816
Total Resources Expended			201,053	446,566	647,619	566,004
Net Profit/Expenditure			166,404	164,243	329,647	38,086