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|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|
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|||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|
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|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|