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|Trustees|Lynda Bullock|
|---|---|
||Paul Cavallari|
||Susan Ettridge|
||Peter Granger|
||Lisa Howlett|
||Patricia Lee|
||Chinyanta Nkonkomalimba|
||Ethaar El-Emir|
||John Garratt|
||Stephanie Lennox|
||Massimo Trebar|
|Centre Development Workers|Pavlina Kingsleigh|
||Virginie Jones (until 30 June 2022)|
|Charity number|1141618|
|Company number|07386863|
|Principal address|15 Harwoods Road|
||Watford|
||Hertfordshire|
||WD18 7RB|
|Registered office|15 Harwoods Road|
||Watford|
||Hertfordshire|
||WD18 7RB|
|Independent examiner|Gary Howard FCA|
||Howard Wilson Chartered Accountants|
||36 Crown Rise|
||Watford|
||Hertfordshire|
||WD25 ONE|
|Bankers|Metro Bank PLC|
||One Southampton Row|
||London|
||WC1B5HA|





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|Current financial year||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|||
|||2022|2022|2022|2021|
||Notes|||||
|Income from:||||||
|Donations and legacies|3|43,096||43,096|45,404|
|Operation of Community Centre in West Watford|4|7,756|6,908|14,664|11,984|
|Fundraising events and activities|5|1,777||1,777|305|
|Investments|6|194||194|409|
|Total income||52,823|6,908|59,731|58,102|
|ExDenditure on:||||||
|Operation of Community Centre in West Watford|7|40,505|7,450|47,955|43,256|
|Net income/(expenditure) for the year/||||||
|Net movement in funds||12,318|(542)|11,776|14,846|
|Fund balances at 1 April 2021||53,343|4,752|58,095|43,249|
|Fund balances at 31March 2022||65,661|4,210|69,871|58,095|





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|Prior financial year|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds||
|||2021|2021|2021|
||Notes||||
|Income from:|||||
|Donations and legacies|3|45,404||45,404|
|Operation of Community Centre in West Watford|4|1,658|10,326<br>_|11,984|
|Fundraising events and activities|5|305|-|305|
|Investments|6|409||409|
||||_||
|Total income||47,776|10,326|58,102|
|Expenditure on:|||||
|Operation of Community Centre in West Watford||35,166|8,090|43,256|
|Net income/(expenditure) for the year/|||||
|Net movement in funds||12,610|2,236|14,846|
|Fund balances at 1 April 2020||40,733|2,516|43,249|
|Fund balances at 31March 2021||53,343|4,752|58,095|






## 

|||2022|||2021||
|---|---|---|---|---|---|---|
||Notes||||||
|Fixed assets|||||||
|Tangible assets10|||914||||
|Current assets|||||||
|Debtors11||689||659|||
|Cash at bank and in hand||72,067||60,487|||
|||72,756||61,146|||
|Creditors: amounts falling due within|||||||
|one year12||(3,799)||(3,051)|||
|Net current assets|||68,957|||58,095|
|Total assets less current liabilities|||69,871|||58,095|
|Income funds|||||||
|Restricted funds|13||4,210|||4,752|
|Unrestricted funds|||||||
|Designated funds|14|16,865||16,865|||
|General unrestricted funds||48,796||36,478|||
||||65,661|||53,343|
||||69,871|||58,095|







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||Unrestricted|Unrestricted|
|---|---|---|
||funds|funds|
||2022|2021|
|Donations and gifts|1,514|1,138|
|Core grants|41,582|44,266|
||43,096|45,404|
|Grants receivable for core activities|||
|Watford Borough Council - core grant|23,415|23,415|
|Watford Borough Council - Covid small business grant|-|10,000|
|Watford Borough Council - Local Restrictions Support Grant (LRSG)|-|6,851|
|Watford Borough Council - Closed Businesses Lockdown Payment|-|4,000|
|Watford Borough Council - Omicron Hospitality & Leisure Grant|2,667|-|
|Watford Borough Council - Restart Grant|8,000||
|Watford & Three Rivers Trust - Community Grant|7,500|-|
||41,582|44,266|







|4|Operation of Community Centre in West Watford||
|---|---|---|
|||20222021|
||Community Centre activities income7,7561,158||
||Grants receivable6,90810,826||
|||14,66411,984|
||Analysis by fund||
||Unrestricted funds7,756||
||Restricted funds6,908||
|||14,664|
||For the year ended 31March 2021||
||Unrestricted funds1,658||
||Restricted funds10,326||
|||11,984|
||Grants receivable||
||Watford Borough Council -Accommodation<br>Hertfordshire Community Foundation<br>Watford & Three Rivers Trust - Improvements Grant<br>The National Lottery Community Fund<br>TK Maxx<br>Asda Foundation|-<br>500<br>3,246<br>-<br>2,780<br>4,300<br>523<br>-<br>-<br>2,085<br>-<br>4,300|
|||10,826<br>6,908|
||Fundraising events and activities||
|||UnrestrictedUnrestricted|
|||fundsfunds|
|||20222021|
||Fundraising events|1,777305|





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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
||Interest receivable|194|409|
||Operation of Community Centre in West Watford|||
|||2022|2021|
||Staff costs|27,728|26,813|
||Depreciation and impairment|304|-|
||Tutors costs|1,554|-|
||Activities costs|475|I 66|
||Premises costs|7,461|7,169|
||Insurance costs|801|1,293|
||Repairs and maintenance costs|4,094|3,809|
||Office costs|2,344|1,792|
||Publicity and ^romotion|1,515|730|
||General expenses|170|269|
||Legal and professional costs|351|240|
||Volunteer costs|48|55|
||Governance costs|1,110|1,020|
|||47,955|43,256|
||Governance costs comprise of independent examiners fees 1,110 (2021: 1,020).During the year,the|||
||independent examiners were also paid 288 (2021: 270) in respect of payroll services.|||
|8|Trustees|||
||None of the trustees (or any persons connected with them) received any remuneration or expenses during|||
||the year (2021: Nil).|||







|9|Employees|||
|---|---|---|---|
||Number of employees|||
||The average monthly number of employees during the year was:|||
|||2022|2021|
|||Number|Number|
||Activities|2|2|
||Employment costs|2022|2021|
||Wages and salaries|27,285|26,553|
||Other pension costs|443|260|
|||27,728|26,813|
||There were no employees whose annual remuneration was 60,000 or more.|||
|10|Tangible fixed assets|||
||||Computers|
||Cost|||
||At 1 April 2021||2,520|
||Additions||1,218|
||At 31 March 2022||3,738|
||Depreciation and impairment|||
||At 1 April 2021||2,520|
||Depreciation charged in the year||304|
||At 31 March 2022||2,824|
||Carrying amount|||
||At 31 March 2022||914|
|11|Debtors|||
|||2022|2021|
||Amounts falling due within one year:|||
||Prepayments and accrued income|689|659|





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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2022|2022|2022|2021|2021|2021|
|Fund balances at 31|||||||
|March 2022 are|||||||
|represented by:|||||||
|Tangible assets|914|-|914|-|-|-|
|Current assets/|||||||
|(liabilities)|64,747|4,210|68,957|53,343|4,752|58,095|
||65,661|4,210|69,871|53,343|4,752|58,095|