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|CONTENTS|PAGE|
|---|---|
|LEGAL AND ADMINISTRATIVE
INFORMATION||
|REPORT OF THE TRUSTEES|3-12|
|REPORT OF THE INDEPENDENT
EXAMINER|13|
|STATEMENT OF FINANCIAL ACTIVITIES|14|
|BALANCE SHEET|15-16|
|NOTES TO THE ACCOUNTS|17-22|
|DETAILED STATEMIENT OF FINANCIAL ACTIVITIES|23-24|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Funds|Funds|2022|2021|
||||6|6||6|
|INCOINING
RESOURCES|||||||
|incoming resources|from generated|funds|||||
|Voluntary
income||2|84,619||84,619|246,318|
|Donations
and other|income|3|155,634|325,685|482,319|730,448|
|Investment
income||4||46|46|86|
|Other income||||||414|
|TOTAL INCOMING RESOURCES|||240,253|326,732|566,985|977,266|
|RESOURCES EXPENDED|||||||
|Cost ofgenerating|funds||||||
|Charitable
activities||5|201,148|375,625|576,774|549,939|
|Governance
cost||6||6,710|6,710|1,750|
|Management
costs||7|39,105|72 854|111,959|104,411|
|Finance cost||8||201|201|(8,481)|
|TOTAL RESOURCES EXPENDED|||240,253|455,391|695,644|647,619|
|NET INCOINE i EXPENDITURE FOR
YEAR||THE||(128„669)|(128,659)|329,647|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||221,082|178,500|399,582|69,935|
|Movement
in year||||(128,659)|(128,659)|329,647|
|Previous years' funds adjustment|||(200,901)|200,901|||
|TOTAL FUNDS CARRIED FORWARD|||20,181|250,742|270,923|399,582|
##
|||Total|Total|
|---|---|---|---|
|||2022|2021|
||Notes|5|5|
|FIXEDASSETS||||
|Intangible
assets|11|||
|Tangible assets|12|10,901|23,104|
|||10,901|23,104|
|CURRENT ASSETS||||
|Trade debtors|||24,000|
|Accrued income||4,678||
|Other debtors||1,300||
|Cash at bank and in hand||286,364|371,770|
|||292,342|395,770|
|CREDITORS: due within one year|13|(32,300)|(19,292)|
|NET CURRENT ASSETS (LIABILITIES)||260,043|376,478|
|TOTAL ASSETSLESSCURRENT LIABILITIES||270,944|399,582|
|FUNDS||||
|Restricted
funds||20,181|221,082|
|Unrestricted
funds||250,742|178,500|
|||270,923|399,582|
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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|||||F|6|6|
|Action for Bow||||||33,000|
|Anton Jurgens
Foundation||||||7,015|
|City of London|||45,000||45,000|39,110|
|Clarion Futures||||||5,000|
|COVID HM Treasury|grant|||||30,000|
|East End Community|Foundation||5,000||5,000|32,830|
|ICS||||||7,338|
|IFCO||||||2,500|
|Kidz Cafe|||8,000||8,000||
|London
Borough of|Lambeth||9,000||9,000||
|London
Borough ofTower Hamlets|||7,519||7,519||
|London
Community|Response|Fund||||10,000|
|Marriage Trust Veale||||||2,000|
|National
Lottery 8 Cabinet Office|||10,100||10,100|50,500|
|Neighbourly
Limited||||||400|
|Southern
Housing
Group||||||3,500|
|The Fore||||||5,000|
|The London
Community
Foundation||||||3,125|
|Wakefield Trust||||||10,000|
|Worshipful
Company|of Fishmongers|||||4,000|
|Worshipful
Company|of Leathersellers|||||1,000|
|Total|||84,619||84,619|246,318|
##
##
|3. VOLU|NTARY
I|NCO|ME:|DONATIONS|AND OTHER I|NCOME|||
|---|---|---|---|---|---|---|---|---|
||||||Restricted|Unrestricted|Total|Total|
||||||Funds
5|Fundsf|2022
F|2021
6|
|Donations|in kind||||155,634||155,634|189,601|
|Other donations||||||326,685|326,685|540,847|
|Total|||||155,634|326,685|482,319|730,448|
|4. INVESTMENT INCOME|||||||||
||||||Restricted|Unrestricted|Total|Total|
||||||Funds|Funds|2022|2021|
||||||F|6|6|5|
|Investment|income|||||46|46|86|
|Total||||||46|46|86|
|5. CHARITABLE ACTIVITIES|||||||||
||||||Restricted|Unrestricted|Total|Total|
||||||Funds|Funds|2022|2021|
||||||6|6|6'|6|
|Advertisement
and||promotion||||2,054|2,054|1,388|
|Advice centre costs||||||376|376||
|Agency and other non-payroll||||staffing|39,750|24,861|64,611||
|Client and|visitor welfare||/ entertainment|||86|86||
|Equipment|storage|||||. (406}|(406}|16,134|
|Food and|distribution|cost||||3,191|3,191|18,155|
|Project costs|||||20,263|17,404|37,667|87,178|
|Rent and|rates||||56,516|25,135|81,651|78,228|
|Salaries and wages|||||84,619|302,682|387,301|348,857|
|Volunteer|Expenses|||||244|244||
|Total|||||201,148|375,625|576,774|549,940|
|6. GOVERNANCE||COST|||||||
||||||Restricted|Unrestricted|Total|Total|
||||||Funds|Funds|2022|2021|
||||||5|f|5|6|
|Accountancy
and examiner fees||||||6,710|6,710|1,750|
|Total||||||6,710|6,710|1,750|
##
|7. MANAGEMENT|7. MANAGEMENT|COSTS|COSTS|||||
|---|---|---|---|---|---|---|---|
|||||Restricted|Unrestricted|Total|Total|
|||||Fundsf|Funds
8|2022
8|2021
8|
|Computer Costs|||||36|36|59|
|Depreciation|||||13,902|13,902|12,172|
|Health
and Safety|||||3,053|3,053|503|
|Insurances|||||3,675|3,675|2,956|
|IT and Computer|Expenses||||5,868|5,868|46,492|
|Legal and professional|||fees||3,862|3,862|5,230|
|Light, Gas and Heating|||||2,596|2,596|2,044|
|Miscellaneous
Expenses|||||||1,240|
|Motor Vehicle Expenses||||606|2,016|2,622|848|
|Office Expense|||||2,540|2,540|5,143|
|Printing,
Postage|and Stationery|||10|1,275|1,285|1,440|
|Recruitment
costs|||||5,708|5,708|894|
|Repairs, Renewals||and|Cleaning||5,849|5,849|3,545|
|Platform costs|||||3,923|3,923||
|Staff Entertainment|||||806|806|1,152|
|Staff training|||||6,391|6,391|639|
|Staff Welfare|||||1,262|1,262|166|
|Subscriptions|||||2,384|2,384|807|
|Telephone Costs||||38,489|5,795|44,284|9,602|
|Travel and subsistence|||||(584}|(584)|7,710|
|Website|||||2,496|2,496|1,770|
|Total||||39,105|72,854|111,959|104,411|
|8.FINANCE COST||||||||
|||||Restricted|Unrestricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||E|f|8|E|
|Bank charges|||||96|96|85|
|Gains I losses on the disposal offixed assets|||||||856|
|Exchange
gain or loss|||||(1)|(1}||
|Write offs|||||106|106|(9,422)|
|Total|||||201|201|(8„481)|
##
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|10.STAFF COSTS||||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|The average
number||of employees|analysed|by||||
|function:||||||||
|No employee
received||remuneration|of more|than 260,000 per|annum.|||
|||||||2022|2021|
|||||||6|6|
|Wages and salaries||||||342,086|314,634|
|Employer's
pension|contributions|||||14,377|7,646|
|Social security costs||||||30,838|26,576|
|Total||||||387,301|348,857|
|11.INTANGIBLE FIXEDASSETS||||||||
|||||||Website|Total|
|Cost||||||||
|As at 1st April 2021||||||53,630|53,630|
|As at 31st March 2022||||||53,630|53,630|
|Depreciation||||||||
|As at 1st April 2021||||||53,630|53,630|
|Provided
during
the period||||||||
|As at 31st March 2022||||||53,630|53,630|
|Net Book Value||||||||
|As at 1stApril 2021||||||||
|As at 31st March 2022||||||||
|12. TANGIBLE FIXEDASSETS||||||||
||||||Van|Computer
Equipment
f|Total|
|Cost||||||||
|As at 1st April 2021|||||35,082|53,018|88,100|
|Additions||||||1,699|1,699|
|Disposals||||||31,483|31,483|
|As at 31st March 2022|||||35,082|23,234|58,316|
|Depreciation||||||||
|As at 1st April 2021|||||35,082|29,914|64,996|
|Provided
during
the period||||||(17,581)|(17,581)|
|As at 31st March 2022|||||35,082|12333|47,415|
|Net Book Value||||||||
|As at 1st April 2021||||||23,104|23,104|
|As at 31st March 2022||||||10,901|10,901|
|||FIRST|LOVE|FOUNDATION|LIMITED|||
|||NOTES TO THE ACCOUNTS||||||
##
##
|13.CRED|ITOR|S:|amoun|ts
falling due within|one year||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||2021|
|||||||||f||f|
|Accrued expenses||||||||||216|
|Deferred
income||||||||18,000||10,100|
|Net wages||||||||||921|
|Other creditors,||taxation,||and social security||||14,301|~|7,226|
|Trade creditor||||||||(1)||829|
|Total||||||||32,300||19,292|
|14.FUNDS|||||||||||
|||||||Incoming||Resources||liilovement|
|||||||Resources
f||Expended
f||in Funds
f|
|Restricted|funds|||||240,253||240,253|||
|Unrestricted|funds|||||326,732||455,391||(128,659)|
|||||||566,985||695,644||(128,659)|
||||||Restricted|Unrestricted|||||
||||||Fundsf|Funds
f||Total 2022
f||Total 2021
f|
|Total funds|brought||forward||221,082|178,500|'|399,582||69,935|
|Movement|in year|||||(128,659)||(128,659)||329,647|
|Previous years' funds adjustment|||||(200,901)|200,901|||||
|Total funds|||||20,181|250,742||270,923||399,582|
##
##
||||Restricted|Unrestricted|Total|Total||
|---|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|'|
||||6|f|F|6||
|INCOMING RESOURCES||||||||
|Voluntary
income||||||||
|Grants and funding|||84,619||84,619|246,318||
|Donations
in kind|||155,634||155,634|189,601||
|Other donations||||326,685|326,685|540,847||
|Investment
income||||46|46|86||
|Other income||||||414||
||||240,253|326,732|566,985|977,266||
|RESOURCES EXPENDED||||||||
|Charitable
activities||||||||
|Advertisement
and promotion||||2,054|2,054|1,388||
|Advice centre costs||||376|376|||
|Agency and other non|payroll|staffing|39,750|24,861|64,611|||
|Client and visitor welfare Ientertainment||||86|86|||
|Equipment
storage||||(406)|(406)|16,134||
|Food and distribution|cost|||3,191|3,191|18,155||
|Project costs|||20,263|17,404|37,667|87,178||
|Rent and rates|||56,516|25,135|81,651|78,228||
|Salaries and wages|||84,619|302,682|387,301|348,857||
|Volunteer
Expenses||||244|244|||
|Total|||201,148|375,625|576,774|549,940||
|GOVERNANCE
COST||||||||
|Accountancy
and examiner fees||||6,710|6,710|1,750||
|||||6,710|6,710|1,750||
||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|SUPPORT COSTS: MANAGEMENT|||||||
|Computer Costs||||36|36|59|
|Depreciation||||13,902|13,902|12,172|
|Health and Safety||||3,053|3,053|503|
|Insurances||||3,675|3,675|2,956|
|IT and Computer|Expenses|||5,868|5,868|46,492|
|Legal and professional||fees||3,862|3,862|5,230|
|Light, Gas and Heating||||2,596|2,596|2,044|
|Miscellaneous
Expenses||||||1,240|
|Motor Vehicle Expenses|||606|2,016|2,622|848|
|Office Expense||||2,540|2,540|5,143|
|Printing,
Postage|and Stationery||10|1,275|1,285|1,440|
|Recruitment
costs||||5,708|5,708|894|
|Repairs,
Renewals|and|Cleaning||5,849|5,849|3,545|
|Platform costs||||3,923|3,923||
|Staff Entertainment||||806|806|1,152|
|Staff training||||6,391|6,391|639|
|Staff Welfare||||1,262|1,262|166|
|Subscriptions||||2,384|2,384|807|
|Telephone
Costs|||38,489|5,795|44,284|9,602|
|Travel and subsistence||||(584)|(584)|7,710|
|Website||||2,496|2,496|1,770|
|Total|||39,105|72,854|111,959|104,411|
|FINANCE COST|||||||
|Bank charges||||96|96|85|
|Gains Ilosses on the disposal of fixed assets||||||856|
|Exchange gain or|loss|||(1)|(1)||
|Write offs||||106|106|(9,422)|
|Total resources expended|||240,253|455,391|695,644|647,619|
|Surplus (deficit)||||(128,659)|(128,659)|329,647|