Compary Tewrtrntion rwmber. 07023130 Charity re&stTrtlon Nmber. 1138413 Bold Vision IA ¢ompany limited by8uaranteel Annual Report and Flnandal Statem for the Year Errfknl 30 September 2021 Fleld Sulllvan Llmitsd 70 Royal Hill Greenwich London SEIO 8RF *A86XZQLV* 2510Wd072 COMPANIES HOUSE 111 A10 #171 Bold Reference andAdmfnlstrative L)Etsils Tru5tees' Report 2to5 Independent Examine¢s Report 6t07 Statement ¢f financial knivifj Balance Sheet 9talO Note5to the Flnancial Statsments 111021 Refern￿ and Admlnistrative Oetalls Frances Feble Gary Hall l)avid Holb John Knepler Dmd Richards 1138413 Conwtty Re8lstradon Number 07023130 The charfty s ￿￿irP￿?ttd in Er*nd and Wale5. New Crvss Learnin8 28>285 New CfOSS Road LONDON SE14 6AS FRkl SuSlrrfan Umlted 70 Royal Hill London SEIO 8RF Bankers TheCweratNe Bank PJJsine&s Directplus 151 iewisham Hlgh St London 5E13 6AA PaEe I BO￿ Vtshyn The trustees pTu￿tthe1r report and flftandal StateW￿￿10rthe year ended 30 Seoember 2021 . The.accovnts have l)een PrePa￿d In attordance wlth the account[￿ wliues set ¢)ut in note.2.to the.acco.unts.and comply wfth the chariivs con5tittrtlon. tt* Companies N£t 2(￿￿ arsd the Statement of Recommended Practlce. "Accountlng.and Reportin8 byChafities".1sgJed In Marth 2(￿. The Bold Vblon charftvs oblects are to furthef or benefrt the resldents of Telegraph Hlll and surroundlng areas of South East London. wrthout d￿tinctiOn of sexual tyientatiory rdce or of p>lftical, ielwous or other opinlons. by a550¢iatin8 toaether the said resKlents and the lo￿1 authorities. Ktrluntsry and other orr4nÉs•tlons in a cammon effort to adw4nce education and to pro¥lde facil1t￿$ in the interE5ts of S￿la1 welfare for reryealion ki5ure timp oc(JJpatlon with iheobiertiK* of ImprothE thè conditiors of life for tho said resldents. The policles adopted in furtherance of these obje Mu¢h of the food that Fttl delfftrs is 50ur¢ed by supermarkets: wholesale frMJd tharitie5 eto sothat fnuth ofthefood we th11￿ TArwld othenbise go to waste. 'New Cross Learnin¢ Irlw had to dose for most of the year but the sprkn8 has been workln8 to create systems and an environment that ¥rrill keep staff and users safe. Opening hours are currently shorter than they were lyjt the library 15 now taf8ely open and actin8 a5 o ¢¢mmunty hub.. NXL now house5 an office of the Lewtsham and 8romly Credit Unlon whkh s open fNe day5 a TA*ek andT*hith oflw5 a safe and ￿t￿IdentIal space for clients looki￿ for a comrlwnity based. ethtcal barthing ser¥ice.. The Slnile Parent Support Group has grown the year. T*th the number of famllles ftow at 40.some members are interested In lolnlng or have jolr￿ a feminist book group that is not part of SPSG although may become aft ongoin& organicalty formed ￿$oUrcE tr SPSG mern￿ 'Hi l am ne•to SPSG....The book group 50und5 8Md.. . (quote from new membwL Ve8an and veytsrlan recipes ha¥e been dI￿lated wfthin the Facebook8roup. •)n Tequestfrom a member. Asplnall Road Gardens is now estabwted urtderthe lQslon umw. A used footbrfd8e over the rallwdy tracks on the south slde of the Hill used to be ￿lled scary brid8e or ueepy brid8t. Eath end of the brwJ8e was used as a dumpln8 ground for old beds and the fike. One end was a regular fy tlpping site wlth MOU￿15 of bullder rubbish. a dangerous eyesot& Under the ae86s of Artmon8er¥ our local arts group. the bridge was transformed. painted with rainbows from one end the other as a mark of thanks to the NHS and key workers. who had done 50 much throughout the covld pandemio The work involved local sthool children and aduh5 from the community. The 8roup then dedded to add a small garden at both ends. as a way of stoppbng the fly ￿ppIng and provldlng small community Spa￿ at the ends of the footbrid8t. Asplntll Gardens has contlnued dwÈloping tytr the year and with Its cupboard Ilbrary attracts parents and th￿dr￿ on their way I￿rn xhool and others T*ho just want to 5R aftd reflertlfta quletaftd beaUtI￿Spa Common Gr0￿h is a local communty rdrden. Unfonunately thè eardens ¢ould not opn under rules thls .¥ear. The volunteers have Continu￿ with mairtenance and lye to open •lA next yw. Bold ts part of a ne￿rnTk of local 8roups that Twe work aloneside and help at ¢ertaln times. WÈ ha fvndralsed for a local youp Tdegraph Hill WelcNnes Refucee5 th* are aimlry to house and support a refu8ee faMi￿..aftd partiall¥ htyjsed the appeal forfundstowatds imptovirtg the loul par Anand￿ re¥low Bold Vlslon has maintained a slroni rH￿nCIal throv8h¢)ut the ￿. Bold vI￿n holds reserves a8alnst unforeseen events and ha5 maintained a l*althy Itvel wlth ieeard to the owiin8 levej of eynsès Incurred. The level of reserves held at 30 September 2021 wa5 £136A120. with £96.429 of thi5 held in restrirted reserves. GNen the flnanelal posltlon at the balaTr￿ sheet date. the Trustees have a reasonabFe expethtlon that the charity has adequate resour￿ to contlnue to 0￿ratef0r the foreseeabtefiAtrr¢ theT￿￿te5 conttnue to adopt the 8oln8 Concèrn basis in preparin8the financial statement Bold Vlslon would Ilke to thank: The London Borouth of Lewlsham Lewlsham Homes London Community Funders L&Q Placemaker5 Fund Groundwork trescol .Artivate National Lottery- Awards forAII Charlties Aid Founda￿0Th The filsburyTn Trust for London ft+r thelr generous financial contrltmthns towards ourworkthrough theyear. We would abo like to thank the many In¢fivtduais who have contributed thelrllme as¥o￿nteerS orwho have used ourjust Glvin8 pageto supportour thr¥rkffinanc&alty. Page 3 Bold V15ion is re8iStered In En8land and Waks With the CharKy Commtsslon In Enlland and Wales ICCEW) wlth Charlty Number 1138413. The charlty is corstituted as a company limited by 8uarantee. retsered underthe Companles Acts. The ￿Vern1Thg documÈnt of the charity is the MeffvJrandum and Artide5 of Assrflaiion e#abfI5hi￿gthe company under company legisl￿10n Icomparty number 07(1231301 and incorp￿￿ on 18th koember 2(109. There are no rnstrtctlons In the g￿rnI￿ do￿fflents on the operatm of the thaflty OT on ts Irfftstment powers other than those imposed by charity law. By operallon of law. all trustees are dIrert0￿ under the Companies Act 2006 and all direLtors are trustees under d4rfty ￿Slat￿n and tA¥e yes￿￿111t1es undÈi both company and chai6ty leglslatlon. The trustees oNwsee the oper*lons of Boldwwin and the pmieds under its umbrelta. The trustees meet regularty wrth representatives from the project groupsto coordinate the administrati￿ of the charity. As defined withln its constitutlon. the Ooanl has to a mlnlmum of three truslees and a thlrd ol these must retlre..by..rotation. ateath AGM. on be ttrappotnt¢d iftheyarÈwllknzto stand ￿aIrt. Recruitfflent Is undertaken as skllls gaps are klentffied or tTr￿ stand down. We Par￿lIallY encoura8e people . from dlver5e backlrounds to appty to ensure th* our Board Is as representatl¥e as posslble of our local community. The trustees and officers ser¥ln8 thjringtheyear andslrKetheyearend **reas frAknwL" TnJ#ees: Frances Febte Gary Hall lappolnted 23 ￿Pt￿thr 2021) John K￿P￿r None of the tru5tses had a benefidal interest in the Company. All the try￿tee$ ¥e members of the cfjmpany and guarantee to contribute U in the ￿ent of a windin8 UP. The five trusteWdtrettors of Bold Wsion reeularly meet wlth a wluntary rnaTh￿ team compr15ed of representatives from the projects that operate under the Bold Wslon umbrella. The trustee5 {who are also the dirertors of Bold lor the purposes of company lawl are responsible for preparlng the trustees. report and the fU￿n¢131 st•tements IA ac£ordance wlth the Unltal Kln8dom Accounting Standards Iunited ￿ngdOM Generauy A¢cepted Accounting Practi￿} and applkable law and regulatlons. The report and actourts have been Pre￿￿ed lft accordarKe w6th the r*¢y￿slon$ In the Companles Art 2006 relatlng to small ¢ompanles. Company law requires thelnjstees to prnpare fin¥Klal statemèrts foreach firtancial year. Under rfjmpany law the trustees must nol appr￿ ihe financial statements unless they are satisfied that they we a Irue and falr vlew of the state of affalrs of charitable company and rf its irKomin8 restyjrces and application of resouros. in¢liwJing Its Income and expendI￿re, forihat period. In preparingthe5efinandal 5tstements. the tru5tee5 a￿ required to: selert suitable accounlinc poliixe5 arrfl applythem con*tthtr. observe the methods and prondples Inthe Charllles SORTr. make iud8ements and esllmates th•t•re r￿onab￿ aftd Pn￿ntr state whether applicable UK Accwnting Stsndards have been folbrt suwt to any material departures disc105ed and explained Inthe finaftdal statements- and prnpare the finan¢HI Statern￿ on the going ujncwn unlE55 it 15 inappmprth to pmme that tht Charltsble cornpany wlll continue in bu5ines5. .The trustees are resFrf>nslble for keepin8 adequate accountin8 records that are sufficiert to shm¥ arul explain the charitable ¢ompanVs transactlons and dlsckJse with reasonable acujracy at ary tlme the ffftandal pos￿10￿ of the charitsble.company and enable them to ensure that the￿Tra￿tal statements comply with the Companies Act 2006. They are also responslble for safeguarding the of the tharitable company and hence for tsking reasonable Small ¢omp•nles pffwt%ton stslemut Thi5 reFtort has been prepared in accordancewith the small c￿1•5 rewme und•rthe Comp•niu ALt 2006. The annual report wa5appro¥ed ￿the￿￿Slee5 ￿the tharity m 14June 2022 and *ned on tts behalf bv. D￿d Rlchard5 Trustee .Independent Examlnerfs Report to the ttustees of Bold VJsk>n Companv,) I report to ttR d￿rIty trnstees (who are also DirectOf5 forts￿ purpose of cwry>any law) on my examination of the accounts of the 8otd Wislon {'the chafitable comparfl for the year ended 30 September 2021 whkh comprlse the .ststement of Financial Adr4it*% the Balance Sl*rtaThl rekted notek8 21 Thls report Is made solely to the tharitV5 trustee5. as a boty. in aCcorda￿t with se¢tion 145 of the Charf¢ie5 Art 2011. My work has been undertaken so that I mtht Aate to the tharitys trustees those matters l am required to state to thèm in thts rÈport and for no other Purp)￿ To the full& extent permitted by taw. I do not accept or assumè responslblllty to anyone other than the dwrity and the tharitys tnthes as a body. for my for thls report or for the OP￿1¢n$ I have formod. Aesponswltles and Ibasl% ol v•p As the charity5 trustees of Bold Vlsion w)u are reSpOn￿bIt for thè prnparatlon of accounts In accordance wlth the requlrements ofthe Conwanie5 Art21￿ (*he 2(lJ6 ACYI. Having satisfied mysew lh* the accounts of Bold VIsK4n afe not requtred ta be audltsd under Part 16 of the 2006 Act and.are eligible for independent examination. I report in respect of my examlnation of your ¢harW5 accounts as carrled out under sectlon 145 of the Charitie5 A IIL791 424 L20J 3,112 3,112 Total blCQm* Ll 101355 Ico 126.886 alsln8 lunds Chrtt•bleartMt*5 {8.170J 17US 159SEB {6B,n51 T4ts1 èxÈohdKur• (8J8S1 174.45n ￿￿42) 25. 17.513 19.0371 IS9.6081 1647251 Flet lewndh￿reI￿r￿Qrn¢ l?J6n 7941 50.220 (3.W)I S8.161 NÈt n￿￿fi11￿fvr￿$ I5￿j 2*M) i?. ¥i$i TL4alfvnd5Eflluihtfcqward 45. I￿.107 17 25A29 Totsifund5rath*dlDr*aFd 99,591 96A29 IW107 (Re8lstrath)n munber. 07023130) Balance Sheet as at 30 September 2021 2020 xed assets Tangible assets 12 23.864 27.809 .Cuffent455ets Oebtors Cash at bank and In hand 4.IlY) 111.946 2.268 88.859 14 116.046 91.127 Creditsr% Amountstalll¥ due fwlthln oneswr 18291 112.156 90,298 Net assets 136.020 118.107 Funds ofth• tharltr. .Restrfcted in¢￿*fundS Restrkted funds 96.429 Unres￿rted incomefunds Unrestrtrted funds 39.591 45.458 Totsl funds 16 136.020 118.107 For the finanaal year endin8 30 Wember 2021 the thath t*as entlw tr• exemptlon from audit under se¢tlon 477 ofthe Companie5ALt2006 tektingtssmam ￿[n￿le* Dlrertors, responslbllitl The members have not requlred the charity to ithin.an 01 ft5 acri¥Mts for the year in questiori in accordance with section 476. and The dlrectors a¢knowkd8e thelr rewslbllltlw for cofflptyiry wfth tt* requlrements dthe Art wlth respect to aecountln8 recorits andts* preparation of a¢tount> These financlal statsments hahiE been wepared in i(tordance *ilh the special wow￿lon5 relating to companies 5ublert to the small companles re8lrne wrthln Partl5 ofthe Companle5Act XlJ6. The notes on pages 11 to 21 forn7 an integral partofthese fflftandal ststements. (Re8lstratloR number 07023130) Balano Sheet as at 30 September 2021 The financial Statements i)n pw5 8 to 21 were appr￿d bYthetruSt￿ and aUt1¥x￿ for on 14 June 2022 and si8ned on theAr behalt by- David Hollowav Trustee IXThid Rkhards The notes on paets 11 to 21 fwm an irteernl partof the* fthanual stattments. Pa8e io Bold Wtsion I Charlty 5Mu5 The charlty Is Ilmlted by m￿r￿*¢e. In￿rporated In En8knnd and Wale5. and con5equeth does not have share Ca￿tal. &ith of the tr￿tee5 b lthble to (ontrlhrte an aff￿Yrrt Trot exceedirq £10 to¥Ards the assets ofthe tharlty In the event of liqvidation. The address of its registe￿d office Is: New Cross Leamlng 28>285 New Cross Road LONDON SE14 6AS These Ilnandal skteffl￿ *Tweautknis￿f0r i5yJe by thelnJstee$ Oft 14 J￿￿ 2021 2 Acwuntin¥pdi(ies .The principal acrountin8 polivfflients All Income is recognised Onr￿ the charity has ertille￿ kn the irKorne. it is probabte that the kncome wlll be re￿Ived and the amountof the Inco￿ can ￿ m&Nired reliabkv. Don￿lOn$ are rttognlsed when the d￿rIty has l￿ft nollfted In wrftlng ol both the amount and settlement date. In the ev¢nt that a dortati4)n L subjert to ¢ondJtlorts that r¢qulre a level of p¢rfomwn¢e ty the tharity before the chority cntitlcd tt¥ the furtd:. the In￿Me ¢ delu￿d and not recognised unlll eith¢r th(w ¢ondition4 Jrc fvlly MCL or tht fumlmeffl of thoso condition*4 kn T*tholty wfthln the Control of tho ¢harlty and it l* probablc that thc conditions ￿11 befulfilled in the Trportin8 perio Grants ore rKo8nlsed when the thartty has ah entltlement to tre fun(ts and any conditions linked to the srtr have been meL Where performano ¢onditi¢tss are 3t4(thed to the 8raAt and are yct to bo moi. tho Income Lr reco8nlsed as a Ilablllty and inthded on the batance sheet as defeThed Income tr• be released. Dwidends are Tecogni5ed once the di￿dend has been dedared and nrtifrtknn has been re¢er￿d of the dividend Expenditure All expendlture Is recognwi once there is a legal or c0rStnK￿ obllgatlon to that expendlture, it is probablp settlement Is required and the amourt can be reliabty. All costs arn alwted to the appliiabie expcndlturc heading that 38erwte slmllaf costsp lo that cate80ry. Where costs car*iiot be dlrecty ottrfbutcd to particular headings they have been allocated on a basis ¢￿S1$tent with the use of resources with central staff ¢05ts allootrd on the basis of time speAL and depreciat￿)n thar￿ allocated on the portlon of the ￿*￿5 use. Other vupport (r￿tsare allocated based on the spread of .rtaff rA)St These are costs i4Kurred In attracting ￿lUntary Income. the mana8ement of In¥4$1n￿ and ih05e incurred in .tradlng aLll¥ftle5 that raise fvnds. old W￿10￿ Notes to the Rnandal Ststemeiits fotthe Y￿r Ended 305eptember 2021 Charltable expenditure compriA% those costs incurred by the charity in the del￿Ery of Its aCt￿￿tieS and st￿te5 for IL beneficiaries. It includes both ￿$ts that can be allorated directyto suth andthoA c4>sts of an irtdlreLIt nature necessary tosupportthenL Provlsknr15 for 8rants are made when the intenth)n to make a 8rant has been comnyJniL3ted to the redplent but there is Un￿rta1nty4b0ul¢jthertht tim1￿ of the 8rartorthe anw)unt ofgraat paya￿. Support CA>sts Support costs indude centrnl functh)ns and been allocated io acll¥lty cost categorie5 on a basts U￿SIStent with the use of re50urce5. for example. allocating Pro￿ costs by Iloor area¥ or per caplts. stsff costs by the tlme spent arbd other costs bytheir usage. T•xation The charity is con5tdered to p35sthe tests set iyjt in ParagTrph I sche￿Ie 6 of the Finance Act 2010 and therÈlore It meets the definition of a tharitable company for UK corporatlon tsx wrposes. A¢¢ordinth. the charity 15 ,potentlally exempt from laxation IR resrn of income or opitai Bains recthd wlttraft cat¢gories ¢oveied bv Chaptsr 3 Part 11 of the CorpNathn Tax Art 2010 w Sedlon 256 of the TaxatSon ot Char8eable Galns Act 1992. to the extent that such IrKome or8alns are applied exdusl¥ely to tharliable puspDse& Taniible Ilxed assets Indlvldual flxed assets £osllng £SfA>.IJ) or Inftlally rncorded at COK less any subsequent a(tuThwlated depreciatknn and subsequertacojmulated IMpair￿rt k￿e& Dcprcclatlon IJ provldcd on tangIb￿ tlxed assets so aslo wrtte off the cost orrdluatlon. less e5timBted resldual value, overthelr experted useful e(•northc Ilfe3sfollo¥th' Land and buildin85 Flxtures. fftting5 and equipment COmp￿er equipment Motor vehrdes stralght Ilne at IO% per year stro¥ht ￿ne at 21WA per year stra￿t line at 20% per year Wrt line at 20% per year Pa8e 13 Notes tothe ￿na￿la1 Statements fur the Year Ended 30 September 2021 Tmdedebtoys Tradc debtots are amounts due from ustomers lor Merc￿lse sold or seTrlces perfornwd In the ordlnary course of busines5. Trade debtors are reco8ftised Inltlally at the transxllon prlee. They are subsequentty measured at amortised cost using the effective interest method. le55 provfjion for impaim*nt. A No¥sion for the impairment of trade debtors is establlshed when there is objecti¥e e4idence that the th?rity will not ￿ able to collett au aThwnts due acrordingio ori8inal tern￿ dthe reoO¥ab Cash and ash equlv4lents Cash and cash equv4alents Comprise ash on haThl and cal tkposI￿ *)thff sh¢¥t-teTm hiBhly IiwKI in￿$¢ments .thala￿ readltycon¥ert*lets a amourtof cathand awo subiertto an Inwlftcart rtsk of chary In value. nd struthre Unre5trKted income fvnds are 8ernral funds that are avalkble for use at tr* trustees di￿tt10n in fvrthtrance of the objertives of the d￿lSty. Re￿rICted income funds are those donated for use In a partkvlar area or speofic purpose4 tt* Use of whi¢h is restrlrted to thatarea or purpose. Page 14 Notes to the Financ￿ Ststemnts forthe Yw Ended 30 ￿Ptember 2021 3 Inwmelrom dwtknsand l•pd funds Totsl Total funds Donations and le8aae5: Appeals and donatk¥ns Grants. Indudlng apltal8Tanty" Waste & Re50Urtes ACt￿n Programme NXG Trust i.iis 27.441 556 39.911 15.OtK) 2.313 4.000 6.667 3.900 London Cata L&Q Placemakers Charitie5 Aid Foundatl Natlonal Lottery London Communlty ￿ndItiOn Trust for London Groundwork- Te$￿ Ba85 of Help Levlsham Homes LÉmlted Londoft Borouth of Lewisham Clty of London 9.740 9.740 9.988 16.1MXI 18.944 io( 35,OC(I 1.1 95.613 96.n8 121,791 4 In￿rnefI0M •thwlJadN¥ adl%llles Total Tot•1 2020 funds Tradln8 income: Tkket/barsales 3.424 3.424 3.424 3.424 1.983 fund5 Tatal Totsl nds Intèrest recelwdble and slmllar incorm: Interest receivable on bankdep In¢ome from rents 18 3.094 3.112 Total 2021 Donatlons 815 7 a￿￿tal* athlU•s Total Grart fuThllng of actiiryties Okect projert costs Support ¢osts 19.018 4SJ)99 18.510 42.058 26.667 82.627 68.725 P4ge 16 Bold W￿10￿ Notes to the Nnanclal statern￿ for the Year Ended 30 September 2021 T(rtal l)epreclatlon. amortisation and othersimilar (wts Premlses expenses Insurance 9.932 2371 L284 1356 15.848 3.769 Repalrs and malntenance AdmlnlstratOb* exptnsÈs Computer software and makntrnan¢e Printin& postage and statlonery Sundrles IndependenteXaTh￿natl0Tr 6.221 129 717 13 816 18.510 26.667 9 Net incomin￿OUt￿N￿ reiaurtes Net Incomi￿ re50uros for the year indude: Depreciation offixed a￿ts 9.932 15.848 No trustees. nor any Pe￿On5 connectsd wlth thery have recefved arry renwneraiion from the tharty durSng the year.. Pa8e 17 Plotes to the Flnancial Stateffl￿ for the Year Ended 30 September 2021 11 Taxa The charlty ts a re8lstered dwity and is thertfDre exemptfrom laxatlo 12 Tan8lble fixed a55ets taator*hldos Total At i October 2020 Addltlon5 D￿posal5 55.635 5987 (U3581 4.475 172.X 5.987 {W58) At 30 September 2021 4.475 165,337 OepYe¢ialion At l October 2020 Charge forthe year Ellmlnated on dlsposals 49￿5 144.499 9.932 {12.9581 173 112.958) At 30September 2021 99.832 39￿51 141.473 Net bookwlu• At 30 September 2021 12366 s￿13 2,685 23.864 At 30 September 2020 18539 5.690 27,809 Prepa￿ents Accrued Income Other debtors 4.11)0 2.268 .Notes to the FuwKiaiStatwnets for the Ythr Ended 30 September 2021 14 C•5h and ca5he4ul￿lefvts Cash on hand Cash at bank 376 111.570 88.859 111.946 88.859 Accruals 16 Funds •aknn¢e 4t I 2021 CuTh•nt period General Funds 45.458 Lila 39591 Roslrfd•d￿ndS Property Improvemer New Cross Library Common Growth Syrlan refv8ees Other artt¥ltles Feed the Hill Telegraph Hill Wekomes Refijgees 33.663 3293 110.T451 1251 26.221 471 1.493 1955 33542 1.492 4.199 56.052 I￿￿2? 143.176) 68.186 &632 (138) 72ffi49 100.237 (74.457) 12.(NJOI 96.429 Total fund5 118.107 101.355 {83.442) 136.020 Page 19 lance •t 2020 Unreslrf¢tsdfunds Gener•1 General Funds 34517 16.978 37) 45.458 R•strfLtsI fvnds Property improvements New Cros5 Library Common Growth (s￿) 113A261 1701 121Y)) P491 110.789) 131454) LS00 33.663 496 19.162 27.927 Equipment Syrlan refu8ees Other actthtles Feed the Hlll L742 L493 1.955 10.985 70.996 I3.0￿) 59.688 Total funth 59y6 126M6 168.n5) 118,107 The speclflc purposes for which the funds arnto be applied areas follow5: Property lrnpr(y4emtnts. fund foraddIt￿rts and knw¢)vwhertstothe Ibrnry. New fJoss LearolD& New Cross Ubrary- fund5 to enable to amtinue the of a community fjbTrry SeThI￿ on the New Cros5 Raad. Common Growth-fitnds to enable to ￿ntInue the operallon of a cornmunIty￿Tden on Sandbourne Road. Syrian r•fugee5 . fund5 to enable to ¢ontin* the work invow In buUthn8 doser ￿n￿$ bethen wesidents of Tele8raph Hlll arrfl Syrlan refugees. Other act1￿* . ."nwll for small comrththity •Nimnmwrtai prnieds e8 Green 14 and Asplnall Road Community GardefLS. Feed the HIU - fvnds to enable to conllnue the owation of a sodal sw>ennark¢t and food dellbvles to housebound member5 ofthe north Lewisham ￿mMunIty. Telegraph Hill Wekome5 ftdugees-fimdingfor a wojert aimtrq to how refijeees iftourcommunity. .Notes to the Fln•n&l statem￿ forthe Year Ended 30 September 2021 E2.SOO tranferred from Feed the Hlllto thegeneral fund5 for gJWX>rt 5er¥lces costs. £500 tra￿ferred from tr* 8eneral fwxlto Tele8rnph HYI Wekorw a5 a contrib￿lon to the woiect. Total l￿d￿al funds 2021 Curvent perfod Tan8ible ffixed assets Current a55ets 2.645 36.956 (3.￿) 21.219 23A64 116J)46 (3.8901 Current li•bllftles Total net a5*ts 35.711 I(D.309 I36￿20 Total funds at >) SeptembEr nds Tangible fixed assets Current assets 6,925 39362 20.884 51.765 27.809 91.127 18291 Current liabilitie5 Totsl net assets 45.458 118.107 PaBe21