2022-03-31-accounts

Annual Accounts Ending 31st March 2022 (Due to change in the . Accounting Period these accounts represent 10 month)

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Contents

Organisation Details …………………………….. 3 Background ..…………………………………….. 4 Services …………………………….……………. 4-5 Activities and Events…………………………… 5 Report of the Auditor…………………………… 6 Statement of financial activities …………………. 7 Balance Sheet ……………………………………. 8 Notes to the Accounts …………………………… 9-13

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Organisation Details

Charity Name

E Elays Network

Registered Office

68 St Rule Street Bat Battersea Lo. London S SW8 3ED P Phone: [phone] Website: www.elaysnetwork.com E mail: [e-mail] FB: www.facebook.com/Elaysnetwork Twitter: ww.twitter.com/elaysnetwork Instagram:www.instagram.com/elaysnet work

Trustees and Directors

Mr Ibrahim Duaale - Chairman Mrs Istarlin Mohamed - Trustee Mr Ahmed Adam - Trustee Mr Mohamed Ali - Trustee Mrs Leila Farah - Trustee

Charity Number 1141141157

Company Number

0 04763530

Bankers

HSBC Bank 24 240 Lavender Hill Battersea S. SW11 1LH

Independent Examiner

Md Iqbal Hossain MBA, ACCA B K Community Accountant Ltd Arches 420-421 Burdett Road London E3 4AA

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Background

I am pleased to present Elays Network director’s report together with the financial statement of the charity for the year ending 31/March/2022 which are prepared to meet the requirements for the director’s report and account for Companies Act purposes. Elays Network is a Multi-faceted community organisation that aims to engage, educate and empower members of the communities who have become disengaged and marginalised from accessing the help and support that they need. Elays Network has been actively delivering a wide range of activities directly and indirectly since it was established back in May/2003.

Services

Elays Network is a frontline, multifaceted community organisation, which aims to engage, educate and empower communities. We have over 6000 regular users a year. We run ongoing projects and activities for children, young people, adults, and elderly members of the community focusing on our core areas education & training, health & wellbeing and advice & advocacy creating safe spaces, experiences, and opportunities. We support our community through three key theme area,

Education and Training -[ Elays Education and Training project focuses on providing short ] courses for our service users to improve their knowledge and skills, access to higher education and increase their chances for better employment opportunities. Following the successful completion of Elays digital inclusion course, We started delivering short courses on Software Engineering for adults and young people. This course covers topics such as software development, Website design, App design and development and programing. The feedback for the participants has been positive.

Health & Wellbeing -[ Elays Health and wellbeing project focuses to improve the health and ] wellbeing through health eating, Activities, Events and workshops on mental health and other health related topics. Since the Covid-19 pandemic we have delivered a number of workshops, produced videos and held community discussion with our local public health departments, NHS, Public Health England And and partner organisations that focus on improving the health and wellbeing of the community. The Covid-19 pandemic and the lockdowns have exacerbated the inequalities in health and wellbeing. Our aim is to raise awareness and make health and wellbeing service and support accessible to our communities. We do this through workshops and activities that focus on health eating, Physical activity sessions and monthly community discussions. We have Womens only activity sessions, Mens only Sessions and community health clinic.

Advice & advocacy - Elays Advice and Advocacy ensures on providing our communities with latest information related to social welfare, Housing, Employment, Education and health and wellbeing. We provide these services in English, Somali and Arabic. Our team receives regular training such as

1. Benefits and welfare training 2. , Homelessness Law training

Our staff also have extensive experience working with schools and education settings for over 20 years. In 2021 we supported over 4000 people from different parts of London. We anticipate this

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number to grow post Covid-19. We currently have 2 full time staff and 10 active volunteers. Many of our trustees, staff and volunteers of us involved here at Elays Network i.e. staff, volunteers and trustees have lived experience of the issues that we are trying to address.

Elays Youth Program:[ Elays Youth Club is a very important part of all our youth programs, ] which enable us to attract young people and engage them into positive activities and programs. Elays youth club consists of general activities, debates, art and craft, cooking sessions and sports activities for young people (aged 8-19 years old) from the local area and wider Wandsworth. Our youth program has different strands, which focuses on the development of young people from a young age to become active members of the community. As we are back from the lockdown, we have seen an increasing number of young people joining our youth club.

Activities and Events

Seaside Trips:[We are back to delivering activities and Events post Covid-19 lockdown. This ] summer we have taken families and young people to several seaside trips. Over 1000 families have enjoyed spending time with their families.

Sailing Trip:[ Our Young people took part in our famous sailing trip this summer. Participants ] left London on a coach starting their sailing from Plymouth visiting Falmouth, Fowey, Dartmouth or Salcombe. The sailing activities teaches young people cooperation, a sense of responsibility, instil a sense of adventure, develops initiative, social skills, feelings of self-worth, communication skills and acts as a catalyst to engagement with education and employment.

Holiday And Food program:[Children and young people who are eligible for free school ] meals attended our youth club activities free of charge. Each session includes a meal and a range of activities including physical activities with the aim of helping children and young people to be active, socialise and have a meal together. We also offered opportunities for food and nutrition education for parents and children.

The negative financial impact of coronavirus has left many charities and community groups in a bad financial situation, with many reporting that their financial position had deteriorated during the lockdown. To support organisations, cope and meet the ever demanding needs of the community we held a Meet the Funders event. In this event we invited the GLA to talk about their funding programmes. These events give attendees the opportunity to speak directly to funders, take part in discussions, get unique insights, and ask questions specific to their project or organisation.

Reforming Parent-Child Relationships:[Many studies have identified positive Parent-Child ] Relationship is one that nurtures the physical, emotional and social development of the child. It is a unique bond that every child and parent can enjoy and nurture. This relationship lays the foundation for the child’s personality, life choices and overall behaviour. Understanding this we launched the Reforming Parent-Child Relationships program. We’ve hosted events and workshops to create a platform for parents and children to spend time together, listen and empathise with each other, Learn how to solve family problems and enjoy fun family time together.

Signed _____ Mr. Ibrahim Duaale - Chairman Date: 06/12/2022

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ELAYS NETWORK YEAR ENDED 31[st] MARCH 2022

I report to the trustees on my examination of the financial statements of Elays Network (‘the charity’) for the year ended 31st March 2022.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006(‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner’s Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants (ACCA), which is one of the listed bodies.

I have completed my examination; I confirm that no matters have come to my attention in connection with the examination giving me cause to believe;

1. Accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. The financial statements do not accord with those records; or

3. The financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or

4. The financial statements have not been prepared in accordance with the methods and principles of the statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drowned in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Date: 06/12/2022

Md Iqbal Hossain MBA, ACCA BK COMMUNITY ACCOUNTANT LTD Chartered Certified Accountant Arches 420-421 Burdett Road, London. E3 4AA.

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ELAYS NETWORK Statement of Financial Activities

Annual Accounts Ending 31st March 2022 Income and expenditure account

ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account	ELAYS NETWORK Statement of Financial Activities Annual Accounts Ending 31st March 2022 Income and expenditure account
	31 MARCH 2022
	Incoming Resources	Note	Unrest ricted Funds	Restricte d	TOTAL Funds 2022	Unrestri cted Funds	Restricte d Funds	TOTAL Funds 2021
	Donation and Legacies	2	4,025	92,929	96,954	2,588	260,963	263,551
	Trading Income	3	12,940	-	12,940	1,883	-	1,883
	Other Income	4	-	-	-	-	9,396	9,396
	Total Income		16,965 =====	92,929 ======	109,894 ======	4,471 ======	270,359 =======	274,830 ======
	Expenditure on:	5
	Charitable activities		2,060	173,864	175,924	134	163,097	163,231
	Total expenditure		2,060 =====	173,864 ======	175,924 ======	134 ======	163,097 ======	163,231 ======
	Net Income & net movement in funds		14,905	(80,935)	(66,030)	4,337	107,262	111,599
	Reconciliation of fund:
	Total funds brought forward		4,636	107,597	112,233	299	335	634
	Total funds carried forward		19,541 =====	26,662 ======	46,203 =======	4,636 ======	107,597 ======	112,233 ======

TOTAL RECOGNISED GAINS AND LOSSES

The Charity has no recognised gains or losses other than the net movement in funds for the above period.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 9 to 13 form part of these accounts.

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ELAYS NETWORK BALANCE SHEET
AS AT 31 MARCH 2022
FIXED ASSETS	Note		2022		2021
		£		£	£
Office Equipment	8		-	8,159	10,199
Debtors	9	8,345	-	-	-
Cash at Bank in Hand		74,688			140,933
Total Current Assets		-	83,033		140,933
Creditors and Accruals	10		(44,989)		(38,899)
Net Current Assets				38,044	102,034
Net Assets				46,203 ======	112,233 ======
Unrestricted Funds	11			19,541	4,636
Restricted Funds	11			26,662	107,597
Total Funds				46,203 ======	112,233 ======

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies’ subject to the small companies’ regime.

These accounts were approved by the Board of Directors and Trustees on 06/12/2022 and were signed on its behalf by:

Signed _____ Mr. Ibrahim Duaale - Chairman Date: 06/12/2022

The notes on pages 9 to 13 form part of these accounts.

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ELAYS NETWORK Notes to the Accounts

For the year ended 31 March 2022

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

1.1 Basis of Accounting

The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards and the Statement of Recommended Practice “Accounting and Reporting by Charities” published in March 2005 and the Companies Act 1985.

The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is small company.

1.2 Incoming Resources

Income from activities, voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

1.3 Resources Expended

Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.

Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.

1.4 Going Concern Basis

The financial statements have been prepared on the going concern basis, as in the opinion of the director and trustees, there are no issues arising which would suggest any other basis as being more appropriate.

1.5 Depreciation

Depreciation is provided using the following rates and bases to reduce by annual instalments the cost, less estimated residual value, of tangible assets over the estimated useful lives:

Furniture, Fixtures, Fittings and Equipment - 20% on reducing line basis.

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ELAYS NETWORK

Notes to the Accounts

For the year ended 31 March 2022

2. Income from donations and legacies:

Grants, donations, and legacies:	Unrestricted Funds	Restricted Funds	2022	2021
	£	£	£	£
Donation & Voluntary contribution	4,025	-	4,025	2,588
London Borough of Wandsworth	-	18,842	18,842	55,925
London Sustain	-	-	-	-
Southwest London & St Georges	-	-	-	-
City of London	-	15,000	15,000	-
Wandsworth CAB	-	-	-	-
WCEN	-	-	-	-
The Aziz Foundation	-	-	-	-
COVID-19 Response Fund	-			100,000
Trust for London	-	20,600	20,600	13,600
The London Community Foundation	-	-	-	10,000
The Church Urban	-			20,000
LB Ealing	-	36,387	36,387	20,000
NBRLY Community Foundation	-	-	-	400
Anti- Tribalism Movement	-	-	-	15,000
Mayor’s Office	-	2,100	2,100	8,650
Good Things Foundation	-	-	-	10,388
BPS PY	-	-	-	7,000
TOTAL	4,025 =======	92,929 ======	96,954 =======	263,551 =======

3. Trading Income:

	Unrestricted Funds	Restricted Funds	2022	2021
	£	£	£	£
Rent & Events fees	12,940	-	12,940	1,883
TOTAL	12,940 =======	- ======	12,940 =======	1,883 =======

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Notes to the financial statements (continuing)

Year ended 31 March 2022

4. Other Income:

	Unrestricted Funds	Restricted Funds	2022	2021
	£	£	£	£
HMRC- JRS	-	-	-	9,396
Bank Interest	-	-	-	-
TOTAL	- =======	- ======	- =======	9,396 =======

5. Expenditure on Charitable Activities by Fund type:

Charitable activities & Support Cost	Un- restrict ed Funds	Restricte d Funds	Total 2022	Un- restricte d Funds Restricted Funds Total 2021
	£	£	£	£ £ £
Salary, pension & Sessional	-	76,215	76,210	- 116,346 116,346
Venue hire & Rent	-	50,812	50,812	- 13,000 13,000
Telephone, Internet, Website & Media	-	2,979	2,979	- 2,064 2,064
Voluntary Exp	-	1,950	1,950	- 3,300 3,300
Travel Expenses	-	189	189	- 528 528
Refreshments	-	-	-	- 642 642
Insurance	-	960	960	- 1,254 1,254
Printing and stationery	-	1,334	1,334	- 1,158 1,158
Utilities	-			- 4,875 4,875
Professional & Bookkeeping	-	3,649	3,649	- 8,354 8,354
Training	-	-	-	- 225 225
Project Activities	-	30,824	30,824	- 6,422 6,422
Summer Trip Costs	-	-	-	- - -
Fundraising Cost	2,000	-	2,000	- - -
Cleaning Costs		-		116 - 116
Organisational Development/Subscription	-	2,917	2,917	- 2,379 2,379
Pensioners Club	-	-	-	- - -
Bank Charge	60	-	60	18 - 18
Repair& Maintenance	-	-	-	- - -
Depreciation	-	2,040	2,040	- 2,550 2,550
Total	2,060 =====	173,864 ======	175,924 ======	134 ====== 163,097 ====== 163,231 ======

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Notes to the financial statements (continuing)

Year ended 31 March 2022

6. Staff Costs:

	2022	2021
	£	£
Salaries & Sessional fees	76,210	116,346
TOTAL	76,210 =======	116,346 =======

The average Number of employees during the year 21/22 was 4 also Sessional workers 20/21 was 13. Year 20/21 employees were 5 and Sessional Worker was 13.

7. TRUSTEES EXPENSES

No expenses are paid to Trustees. No employee earned more than £60,000 during the year (2021: nil).

8. Related party transactions

There are no related party transactions to disclose for 2022 (2021: none) There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

9. Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10. Fixed Assets

	Computer Equipment	Total
	£	£
Cost
At 1June 2021	13,661	13,661
Additions	-	-
At31 May 2022	13,661	13,661
Depreciation
At 1June 2021	3,462	3,462
Charge this period	2,040	2,040
At31 May 2022	5,502	5,502
Net book value
At 31 May 2022	8,159	8,159
At31 May 2021	10,199	10,199

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11. Debtors & Receivable

	2022	2021
	£	£
Trust for London	7,000	-
London Borough of Wandsworth	1,345	-
Total	8,345 ========	- =======

12.Creditors

	2022	2021
	£	£
Other Creditors	6,090	-
HMRC	37,699	37,699
Independent examination	1,200	1,200
Total Creditors	44,989 ======	38,899 ======

Accruals: Provision for Accountancy fees.

13.Analysis of charitable Funds:

	Unrestricted Restricted Total Fund
	Fund Funds 2022
	£ £ £
Tangible fixed assets Restricted	- 8,159 8,159
Net Current assets	19,541 18,503 38,044
Net Assets	19,541 26,662 46,203
	======== ======= =======

Benefits in kind

There were no benefits in kind in the period.

Independent examination and accountancy services During the period, the cost of the examination was £1,200.

Glossary of terms

Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.

Creditors These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period.

Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.

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