## |||Pages| |---|---|---| |Trustees'
Annual
Report||| |Independent
Examiner's
Report||| |Statement
of Financial
Activities||| |Summary
Income and Expenditure|Account|| |Balance Sheet||| |Notes to the Accounts||9to 19| |Detailed Statement of Financial Activities||16to 17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Statement of Financial Activiti
for the year ended 31March|es
2021||||| |---|---|---|---|---|---| |||Unrestricte|Restricted||| |||d funds|funds|Total funds|Total funds| |||2021|2021|2021|2020| ||Notes|E|6||| |Income and endowments|||||| |from:|||||| |Donations
and legacies||918||918|57,719| |Charitable
activities||1,001|49,671|50,671|65,358| |Total||1,919|49,671|51,589|123,077| |Expenditure
on:|||||| |Charitable
activities||9,372|34,821|44,193|92,131| |Other||8,688|100|8,788|13,449| |Total||18,060|34,921|52,981|105,580| |Net gains on investments|||||| |Net (expenditure)/income||(16,141)|14,749|(1,392)|17,497| |Transfers
between
funds|||||| |Net (expenditure)/income
before other gains/(losses)||(16,141)|14,749|(1,392)|17,497| |Other gains and losses|||||| |Net movement
in funds||(16,141)|14,749|(1,392)|17,497| |Reconciliation
offunds:|||||| |Total funds brought
forward||22,060|8,806|30,866|13,369| |Total funds carried forward||5,919|23,555|29,474|30,866| ## |||||2021|2020| |---|---|---|---|---|---| |||||E|| |Income||||51,589|123,077| |Gross income for||the year||51,589|123,077| |Expenditure||||52,887|105,455| |Depreciation|and|charges|for||| |impairment|offixed assets|||94|125| |Total expenditure||for the|year|52,981|105,580| |Net (expenditure)/income|||before tax||| |for the year||||(1,392)|17,497| |Net (expenditure||)/income for the year||(1,392)|17,497| ## ## |at 31March 20|21|21|21|21|||| |---|---|---|---|---|---|---|---| |Company
No.|06435795||||Notes|2021|2020| ||||||||f| |Fixed assets|||||||| |Tangible assets|||||10|282|376| |||||||282|376| |Current assets|||||||| |Cash at bank|and||in hand|||29,524|30,822| |||||||29,524|30,822| |Creditors: Amount||falling due within one year|||11|(332)|(332)| |Net current assets||||||29,192|30,490| |Total assets less|current|||liabilities||29,474|30,866| |Net assets excluding|||pension asset or liability|||29,474|30,866| |Total net assets||||||29,474|30,866| |The funds ofthe|charity||||||| |Restricted funds|||||12||| |Restricted
income|||funds|||23,555|8,806| |||||||23,555|8,806| |Unrestricted
funds|||||12||| |General funds||||||5,919|22,060| |||||||5,919|22,060| |Reserves|||||12||| |Total funds||||||29,474|30,866| ## ## ## |Republic o|f Ireland
(FRS102)and the Companies
Act 2006.|f Ireland
(FRS102)and the Companies
Act 2006.||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Change
in|basis ofaccounting
orto previous accounts|||||||||| |There has been no change to the accounting
policies (valuation
rules and method|||||ofaccounting)|||since||| |last year and no changes
have been made to accounts for previous years.||||||||||| |Fund accounting||||||||||| |Unrestricted
funds||These are available for use at the discretion ofthe trustees|||in furtherance|||of|the|| |||general objects ofthe charity.||||||||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees|for particular|||purposes.||||| |Revaluation|funds|These are unrestricted
funds which
include
a revaluation||reserve representing||||||the| |||restatement
ofinvestment
assets at their market values.||||||||| |Restricted|funds|These are available
for use subject to restrictions
imposed|||by the donor||or|through||| |||terms ofan appeal.||||||||| |Income||||||||||| |Recognition|of|Income
is included
in the Statement
of Financial
Activities||(SoFA) when||the||charity||| |income||becomes entitled to, and virtually
certain to receive, the|income and the||||amount of|||| |||the income can be measured
with sufficient
reliability.||||||||| |Income with related||Where income has related expenditure
the income and|related expenditure||||||is|| |expenditure||reported
gross in the SoFA.||||||||| |Donations|and|Voluntary
income received
by way of grants, donations
and gifts is included||||||in||the| |legacies||the SoFA when receivable
and
only when the Charity has||unconditional||||||| |||entitlement
to the income.||||||||| |Tax reclaims
on||Income from tax reclaims
is included
in the SoFA at the same time as the||||||||| |donations|and gifts|gift/donation
to which it relates.||||||||| |Donated services||These are only included
in income (with an equivalent
amount
in expenditure)||||||||| |and facilities||where the benefit to the Charity
is reasonably
quantifiable,|||measurable||and|||| |||material.||||||||| |Volunteer|help|The value ofany volunteer
help received
is not included|in||the accounts.|||||| |Investment|income|This is included
in the accounts when receivable.||||||||| |Gains/(losses)
on||This includes
any gain or loss resulting
from revaluing
investments
to market|||||||value|| |revaluation|offixed|at the end ofthe year.||||||||| |assets||||||||||| |Gains/(losses)
on||This includes
any gain or loss on the sale of investments.||||||||| |investment|assets|||||||||| |VATING SUCCESS UK
s to the Accounts|VATING SUCCESS UK
s to the Accounts||||||| |---|---|---|---|---|---|---|---| |Expenditure|||||||| |Recognition|of|Expenditure
is recognised
on an accruals|basis. Expenditure
includes|||any VAT|which| |expenditure||cannot be fully recovered,
and is reported|as part ofthe expenditure|||to which|it| |||relates.|||||| |Expenditure|on|These comprise the costs associated
with|attracting
voluntary|income, fundraising|||| |raising funds||trading costs and investment
management|costs.||||| |Expenditure|on|These comprise the costs incurred
by the|Charity
in the delivery ofits|||activities|and| |charitable|activities|services
in the furtherance
of its objects,|including the making|of|grants and||| |||go ve rn ancecosts.|||||| |Grants payable||All grant expenditure
is accounted for on|an actual paid basis|pius|an|accrual for|| |||grants that have been approved
by the trustees at the end of||the|year but not||yet| |||paicl.|||||| |Governance|costs|These include those costs associated
with|meeting the constitutional|||and statutory|| |||requirements
ofthe Charity,
including
any audit/independent||examination
fees,|||| |||costs linked to the strategic management|ofthe Charity, together||with
a share||of| |||other administration
costs.|||||| |Other expenditure||These are support costs not allocated to a particular
activity.|||||| ## ## ## ## ## ## |3
Statement||of F|inancial|Activities - prior year|||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|| ||||||funds|funds|Total funds| ||||||2020|2020|2020| |Income and endowments||||from:|||| |Donations||and|legacies||57,719||57,719| |Charitable||activities|||48,693|16,665|65,358| |Total|||||106,412|16,665|123,077| |Expenditure|on:||||||| |Charitable||activities|||68,625|6,356|74,981| |Other|||||29,935|664|30,599| |Total|||||98,560|7,020|105,580| |Net income|||||7,852|9,645|17,497| |Net income before
gains/(losses)|||other||7,852|9,645|17,497| |Other gains and losses:|||||||| |Net movement||in funds|||7,852|9,645|17,497| |Reconciliation||offunds:|||||| |Total funds brought|||forward||14,208|(839)|13,369| |Total funds carried|||forward||22,060|8,806|30,866| |4
Income from donations||||and legacies|||| ||||||Unrestricted|Total|Total| |||||||2021|2020| |Donations|||||918|918|949| |Youth First|||||||56,770| ||||||918|918|57,719| ## ## |5|Income fro|m|charitable|ac|tivities||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Restricted|Total|Total| |||||||||2021|2020| ||Mentoring|and training||||1,001|49,671|50,671|65,358| |||||||1,001|49,671|50,671|65,358| |6|Expenditure||on charitable||activities||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2021|2020| ||Expenditure||on charitable||||||| ||activities||||||||| ||Mentoring|and training||||1,291|7,265|8,556|23,058| ||Wages and|Salaries||||7,231|27,556|34,787|68,223| ||Governance||costs||||||| ||Accountancy|||||850||850|850| |||||||9,372|34,821|44,193|92,131| |7|Other expenditure||||||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2021|2020| ||Employee costs|||||1,724||1,724|2,421| ||Amortisation,||depreciation,||||||| ||impairment,||profit/loss|on||94||94|125| ||disposai of|fixed assets|||||||| ||General administrative|||costs||2,710|60|2,770|2,225| ||Legal and professional|||costs||4,160|40|4,200|8,678| |||||||8,688|100|8,788|13,449| |8|Net (expenditure)/Income||||before transfers||||| ||||||||2021||2020| ||This is stated||after charging:||||||E| ||Depreciation||ofowned|fixed assets|||94||125| |9|Staff costs||||||||| ||Pension costs||||||1,724||2,421| ||||||||1,724||2,421| ## ||Cost or revaluation|Cost or revaluation|||| |---|---|---|---|---|---| ||At 1April 2020|||2,817|2,817| ||At 31March|2021||2,817|2,817| ||Depreciation|and|||| ||impairment||||| ||At 1April 2020|||2,441|2,441| ||Depreciation|charge for the||94|94| ||year||||| ||At 31March|2021||2,535|2,535| ||Net book values||||| ||At 31March|2021||282|282| ||At 31March|2020||376|376| |11|Creditors:||||| ||amounts
falling due within one year||||| ||||2021||2020| ||||f||E| ||Trade creditors||333||332| ||Other taxes|and social security|(1)||| ||||332||332| ||||||||Incoming||| |---|---|---|---|---|---|---|---|---|---| ||||||||resources||At 31| ||||||||(including|Resources|March| |||||||At 1April|other
gains/losses|expended|2021| |||||||2020|)||| ||||||||E||| ||Restricted funds:||||||||| ||Restricted income funds:||||||||| ||London
Community||||||||| ||Rehabilitation||Company||||||| ||Rehabilitation||Company-||||||| ||Mentoring|||||8,806|16,665|(16,555)|8,916| ||London Community||||||||| ||Foundation|—Mental||Health|||||| ||Rehabilitation||Company||||9,945|(1,473)|8,472| ||Metropolitan||—school's out||||||| ||2020||||||14,385|(14,385)|| ||Metropolitan||—study|hub|||3,750|(2,508)|1,242| ||LSQ Health|and wellbeing|||||||| ||project||||||4,926||4,926| ||Total|||||8,806|49,671|(34,921)|23,555| ||Unrestricted|funds:|||||||| ||General funds|||||22,060|1,919|(18,060)|5,919| ||Revaluation|Reserves:|||||||| ||Total funds|||||30,866|51,589|(52,981)|29,474| |13|Analysis ofnet assets|||between|funds||||| |||||||||Unrestricted|| ||||||||||Total| |||||||||funds|| ||||||||||E| ||Fixed assets|||||||282|282| ||Net current|assets||||||29,192|29,192| |||||||||29,474|29,474| |14|Reconciliation||ofnet|debt|||||| ||||||||||At 31| ||||||||At 1April||March| ||||||||2020|Cash flows|2021| |||||||||E|E| ||Cash and cash||equivalents||||30,822|(1,298)|29,524| ||||||||30,822|(1,298)|29,524| ||Net debt||||||30,822|(1,298)|29,524| ## ## ||Annual
co|mmitments
under non-cancellable|operating
leases are|as follows:||| |---|---|---|---|---|---|---| ||||2021|2021|2020|2020| ||||Land and||Land and|| |||||Other||Other| ||||buildings||buildings|| ||||||E|| ||Operating|leases with expiry date:||||| ||Pension commitments|||||| |||||2021||2020| |||||E||E| ||The pension cost charge to the company|||||| ||amounted|to:||1,724||2,421| |16|Related party disclosures|||||| ||Controlling|party||||| ## |||||Unrestricte|Restricted||| |---|---|---|---|---|---|---|---| |||||d funds|funds|Total funds|Total funds| |||||2021|2021|2021|2020| |||||E||E|E| |Income and endowments|||from:||||| |Donations
and legacies|||||||| |Donations||||918||918|949| |Youth First|||||||56,770| |||||918||918|57,719| |Charitable
activities|||||||| |Mentoring
and training||||1,001|49,671|50,671|65,358| |||||1,001|49,671|50,671|65,358| |Total income and endowments||||1,919|49,671|51,589|123,077| |Expenditure
on:|||||||| |Charitable
activities|||||||| |Mentoring
and training||||1,291|7,265|8,556|23,058| |Wages and Salaries||||7,231|27,556|34,787|68,223| |||||8,522|34,821|43,343|91,281| |Governance
costs|||||||| |Accountancy||||850||850|850| |||||850||850|850| |Total of expenditure
activities|on||charitable|9,372|34,821|44,193|92,131| |Employee costs|||||||| |Pension costs||||1,724||1,724|2,421| |||||1,724||1,724|2,421| |General administrative|||costs,||||| |including
depreciation||and|||||| |amortisation|||||||| |Depreciation
of||||94||94|125| |Bank charges||||194||194|139| |General insurances||||758||758|102| |Telephone,
fax and broadband||||1,758|60|1,818|1,984| |||||2,804|60|2,864|2,350| |Legal and professional||costs|||||| |Accountancy
and bookkeeping||||1,650|40|1,690|6,154| |Consultancy
fees||||1,510||1,510|1,524| |Other legal and professional
cos'ts||||1,000||1,000|1,000| |||||4,160|40|4,200|8,678| |Total ofexpenditure|of|other costs||8,688|100|8,788|13,449| |Total expenditure||||18,060|34,921|52,981|105,580| |Net gains on investments|||||||| ## |Net (expenditure)/income||(16,141)|14,749|(1,392)|17,497| |---|---|---|---|---|---| |Net (expenditure)/income
other gains/(losses)|before|(16,141)|14,749|(1,392)|17,497| |Other Gains|||||| |Net movement
in funds||(16,141)|14,749|(1,392)|17,497| |Reconciliation
offunds:|||||| |Total funds brought forward||22,060|8,806|30,866|13,369| |Total funds carried forward||5,919|23,555|29,474|30,866|