##
##
|Reports|Reports||
|---|---|---|
|Reference and administrative|||
|information|||
|Trustees'
report|||
|Independent
auditor's|report||
|Financial statements|||
|Statement offinancial|activities|19|
|Balance sheet||20|
|Statement ofcash flows||21|
|Principal accounting|policies|22|
|Notes to the financial|statements|27|
##
|||Trustees|Trustees|Mr David Thomas (resigned 6|Mr David Thomas (resigned 6|Mr David Thomas (resigned 6|December 2021)|
|---|---|---|---|---|---|---|---|
|||||Mr Jonathan
Teckman||||
|||||Ms Deborah
Griffin||||
|||||Mr Oily Spry (resigned 7 June|||2021)|
|||||Mr James Cameron||||
|||||Ms Victoria Griffin||||
|||||Mr Mike Francis||||
|||||Ms Pauline
Broomhead||||
|||||Ms Yasmine
Hafiz|(appointed||6 December 2021)|
|||||Mr Robert McKillop|(appointed||6 December|
|||||2021)||||
||Chief|Executive||Mr Ken Cowen||||
||Registered||office|The Graystone
Centre||||
|||||28 Charles Square,|Old|Street||
|||||London||||
|||||N1 6HT||||
|Company|Registration|Number||07743730||||
|Charity|Registration|Numbers||1147009(England|and Wales)|||
|||||SC046118(Scotland)||||
|||Auditor||Buzzacott LLP||||
|||||130Wood Street||||
|||||London||||
|||||EC2V 6DL||||
|||Solicitors||Memery
Crystal||||
|||||11 Southampton
Buildings||||
|||||London||||
|||||WC2A 1AP||||
|||||Milbank, Tweed, Hadley||& McCloy LLP||
|||||10Gresham
Street||||
|||||London||||
|||||EC2V 7JD||||
|||Bankers||CAF Bank Ltd||||
|||||25 Kings
Hill Avenue||||
|||||Kings
Hill||||
|||||West Mailing||||
|||||ME194JQ||||
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|||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||funds|funds|funds|funds|funds|funds|
||||Notes|E|E|E|E|E|E|
|Income and expenditure||||||||||
|Income from:||||||||||
|Donations|||1|372,171|8,326|380,497|280,199|10,000|290,199|
|Other trading
activities|||2|188,779|7,674|196,453|110,728|9,468|120,196|
|Charitable
activities||||||||||
|~ Provision oftraining|courses||3|461,957|514,951|976,908|225,520|340,153|565,673|
|Coronavirus
Job Retention|||4|||||||
|Scheme Grants||||1,669||1,669|131,678||131,678|
|Total income||||1,024,576|530,951|1,555,527|748,125|359,621|1,107,746|
|Expenditure
on:||||||||||
|Raising funds|||5|198,434|13,604|212,038|81,433|28,963|110,396|
|Charitable
activities||||||||||
|~ Provision oftraining|courses||6|804,158|521,995|1,326,153|597,853|328,030|925,883|
|Total expenditure||||1,002,592|535,599|1,538,191|679,286|356,993|1,036,279|
|Net income (expenditure)
before transfers||||21,984|(4,648)|17,336|68,839|2,628|71,467|
|Transfer between
funds|||16|||||||
|Net movement
in funds||for the||||||||
|year||||21,984|(4,648)|17,336|68,839|2,628|71,467|
|Reconciliation
offunds:||||||||||
|.Fund balances
brought
1 April 2021||forward at||149,405|16,895|166,300|80,566|14,267|94,833|
|Fund balances
carried|forward||16|||||||
|at 31 March 2022||||171,389|12,247|183,636|149,405|16,895|166,300|
||||2022|2022|2021|2021|
|---|---|---|---|---|---|---|
|||Notes|||F||
|Fixed assets|||||||
|Tangible assets||13||||940|
|Current assets|||||||
|Debtors||14|148,819||139,661||
|Cash at bank and in hand|||229,276||321,189||
||||378,095||460,850||
|Liabilities|||||||
|Creditors: amounts|falling due||||||
|within one year||15|(194,459)||(295,490)||
|Net current assets||||183,636||165,360|
|Total net assets||||183,636||166,300|
|The funds ofthe charity:|||||||
|Unrestricted
funds|||||||
|.General
fund||16||171,389||149,405|
|Restricted
funds||16||12,247||16,895|
|Total charity funds||||183,636||166,300|
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Notes||E|
|Cash flows from operating|activities:|||||
|Net cash (used in) provided|by operating|activities|A|(91,913)|159,757|
|Change
in cash and cash|equivalents|in the year||(9'l,913)|159,757|
|Cash and cash equivalents|at 1 April|2021|B|321,189|161,432|
|Cash and cash equivalents|at 31 March 2022||B|229,276|321,189|
||Notes to the statement
ofcash|Notes to the statement
ofcash|flows for|flows for|the year to 31 March|2022.|2022.|
|---|---|---|---|---|---|---|---|
|A|Reconciliation
of net movement||in funds||to net cash used in|operating
activities||
|||||||2022|2021|
||Net movement
in funds (as|per the|statement||offinancial activities)|17,336|71,467|
||Adjustments
for:|||||||
||Depreciation
charge|||||940|943|
||(Increase)
in debtors|||||(9,158)|(75,522)|
||(Decrease) increase
in creditors|||||(101,031)|162,869|
||Net cash (used in) provided|by operating||activities||(91,913)|159,757|
##
|Anal|ysis ofcha|nges
in net debt||||
|---|---|---|---|---|---|
||||As at 31||As at 31|
||||March 2021|Cash flows|March 2022|
||||E|E|6|
||||||'|
|Cash|at bank and|in hand|321,189|(91,913)|229,276|
|Total|cash and cash equivalents||321,189|(91,913)|229,276|
##
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|Income from donations||||
|---|---|---|---|
||||2022|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
|||E|K|
|Individuals|111,121|150|111,271|
|Corporate donations|145,375||145,375|
|Trusts and Foundations|18,000||18,000|
|Gifts in Kind|97,675|8,176|105,851|
|2022 Total funds|372,171|8,326|380,497|
||||2021|
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
|Individuals|127,650|10,000|137,650|
|Corporate donations|38,065||38,065|
|Trusts and Foundations|13,500||13,500|
|Gifts in Kind|100,984||100,984|
|2021 Total funds|280,199|10,000|290,199|
##
##
|Income from other t|rading
activities||||
|---|---|---|---|---|
|||||2022|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|Income from fundraising|events|188,779|7,674|196,453|
|2022 Total funds||188,779|7,674|196,453|
|||||2021|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|Income from fundraising|events|110,728|9,468|120,196|
|2021 Total funds||110,728|9,468|120,196|
##
|Income from charitable
activities||||
|---|---|---|---|
||||2022|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
|||F|6|
|Grant income|58,884|514,951|573I835|
|Fee income|403,073||403,073|
|2022 Total funds|461,957|514,951|976,908|
##
##
|Income from charitable
activitie|s
(continued)|||
|---|---|---|---|
||||2021|
||Unrestricted|Restricted|Totai|
||funds
E|funds|funds
f|
|Grantincome|27,500|340,153|367,653|
|Feeincome|198,020||198,020|
|2021 Total funds|225,520|340,153|565,673|
##
||||||2022|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||F|F|E|
|Coronavirus|Job Retention|Scheme grants|1,669||1,889|
|2022 Total|funds||1,669||1,669|
||||||2021|
||||Unrestri cted|Restricted|Total|
||||funds|funds|funds|
||||E|||
|Coronavirus|Job Retention|Scheme grants|131,678||131,678|
|2021 Total|funds||131,678||131,678|
##
|Expenditu|re
on|raising funds||||
|---|---|---|---|---|---|
||||||2022|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||f|F||
|Fundraising|staff costs (note 10)||78,410||78,410|
|Cost offundraising||events|120,024|13,604|133,628|
|2022 Total|funds||198,434|13,604|212,038|
||||||2021|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||||Z|
|Fundraising|staff costs (note 10)||74,437|24,163|98,600|
|Cost offundrai sing||events|6,996|4,800|11,796|
|2021 Total|funds||81,433|28,963|110,396|
##
##
##
|Expenditure
on charitable
activities||||
|---|---|---|---|
||||2022|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||E|E||
|Training courses|143,710|191,893|335,603|
|Course delivery staff costs (note 10)|350,513|304,214|654,727|
|Support costs (note 7)|309,935|25,888|335,823|
|2022 Total funds|804,158|521,995|1,326,153|
||||2021|
||Unrestricted|Restncted|Total|
||funds|funds|funds|
|Training courses|50,304|84,333|134,637|
|Course delivery staff costs (note 10)|282,023|210,471|492,494|
|Support costs (note 7)|265,526|33,226|298,752|
|2021 Total funds|597,853|328,030|925,883|
##
|Support co|st|s||||||
|---|---|---|---|---|---|---|---|
||||||||2022|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||F|||
|Office and rent||costs|||52,746|12,099|68,845|
|Communication||costs|||3,597|800|4,397|
|Accommodation,||travel and subsistence||costs|8,008|393|8,401|
|Staff expenses||reimbursed|||3,051||3,051|
|Staff training||||||10,477|10,477|
|Insurance|||||2,262|428|2,690|
|Website and|promotional||material||27,225|112|27,337|
|Consultancy|fees||||68,643||68,643|
|Depreciation|||||940||940|
|Sundry expenses|||||10,066|264|10,330|
|Support staff|costs (note 10)||||102,474|1,273|103,747|
|Irrecoverable|VAT||||5,748|42|5,790|
|Governance|costs (note 8)||||25,175||25,175|
||||||309,935|25,888|335,823|
##
##
||||||||2021|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds
f|funds|funds
E|
|Office and rent costs|||||67,467|20,708|88,175|
|Accommodation,||travel and subsistence||costs|2,742||2,742|
|Staff expenses reimbursed|||||456|246|702|
|Insurance|||||1,329|788|2,117|
|Website and|promotional||material||4,624|11,142|15,766|
|Consultancy|fees||||65,163||65,163|
|Depreciation|||||942||942|
|Sundry expenses|||||5,316||5,316|
|Support staff|costs (note 10)||||96,744||96,744|
|Irrecoverable|VA|T|||5,318||5,318|
|Governance|costs (note 8)||||15,425|342|15,767|
||||||265,526|33,226|298,752|
##
||||||2022|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds
f|funds
f|funds|
|Accountancy|and|audit costs|20,052||20,052|
|Other professional||fees|5,123||5,123|
|2022 Total|funds||25,175||25,175|
||||||2021|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|Accountancy|and|audit costs|13,297||13,297|
|Other professional||fees|2,128|342|2,470|
|2021 Total funds|||15,425|342|15,767|
##
||||2022|2021|
|---|---|---|---|---|
||||Total|Total|
||||funds|funds|
||||E|F|
|Staff costs (note 10)|||836,884|687,838|
|Depreciation
oftangible||fixed assets|940|942|
|Auditor's|remuneration||||
|. Statutory|Audit||11,400|10,980|
##
##
##
|Staff costs
Staff costs were as follows:|||
|---|---|---|
||2022|2021|
||F|E|
|Wages and salaries|746,688|617,933|
|Social security costs|68,272|51,800|
|Pension costs|21,924|18,105|
||836,884|667,838|
|governance
and support costs based on the ap
each area, as follows:|proximate
percentage
of staff ti|me spent
i|
|---|---|---|
||2022|2021|
|Expenditure
on raising funds|78,410|98,600|
|Course delivery|654,727|492,494|
|Support costs|103,747|96,744|
||836,884|687,838|
||2022|2021|
|---|---|---|
||No.|No.|
|Management|4|3|
|Operational|21|17|
||25|20|
##
##
##
##
|13|Tangible fixed|ass|et|s||||
|---|---|---|---|---|---|---|---|
|||||||Computer||
|||||||equipmentf|Total
E|
||Cost|||||||
||At 1 April 2021 and 31|||March 2022||2,824|2,824|
||Depreciation|||||||
||At 1 April 2021|||||1,884|1,884|
||Charge for the year|||||940|940|
||At 31 March 2022|||||2,824|2,824|
||Net book value|||||||
||At 31 March 2022|||||||
||At 31 March 2021|||||940|940|
|14|Debtors|||||||
|||||||2022|2021|
||Trade debtors|||||132,202|128,546|
||Prepayments
and accrued||||income|15,256|9,754|
||Other debtors|||||1,361|1,361|
|||||||148,819|139,661|
|15|Creditors: amounts|||falling due within one year||||
|||||||2022|2021|
||Trade creditors|||||41,477|55,338|
||Other taxation and social||||security|19,890|14,999|
||VAT|||||5,211|3,061|
||Other creditors|||||5,791|4,467|
||Accruals and deferred||income|||122,090|217,625|
|||||||194,459|295,490|
|||||||2022|2021|
|||||||E||
||Deferred
income|brought|||forward at 1 April 2021|208,290|48,781|
||Income deferred|in year||||102,547|208,290|
||Deferred income|released|||in year|(208,290)|(48,781)|
||/carried
forward at 31||March 2022|||102,547|208,290|
##
##
##
|||At||||At|
|---|---|---|---|---|---|---|
|||1 April||||31 March|
|||2021
f|Income|Expenditure|Transfers
f|2022f|
|Unrestricted
funds||149,405|1,024,576|(1,002,592)||171,389|
|Restricted funds|||||||
|Charles
Hayward|||25,000|(23,812)||1,188|
|Coalfields|||20,582|(20,582)|||
|Comic Relief||2,068|141,210|(139,361)||3,917|
|Communities
Recovery Fund|||24,076|(24,076)|||
|Fire Mental
Health|Fund||7,631|(7,631)|||
|Hertfordshire
Community|||||||
|Foundation|||960|(960)|||
|John Lyon's Charity|||26,031|(24,364)||1,667|
|KPE4 Trust|||38,101|(38,101)|||
|Laureus
Sport for|Good|4,631|21,614|(26,245)|||
|Masonic Charitable|||||||
|Foundation|||36,763|(36,763)|||
|Paul Hamlyn
Foundation||7,575|35,272|(42,847)|||
|Paul Hamlyn
Covid-|||||||
|Response|||7,850|(7,850)|||
|Quilter Foundation|||75,534|(75,534)|||
|Riverside Resource|||||||
|Community
Fund|||7,000|(4,586)||2,414|
|Sir John Cass Foundation|||4,612|(4,612)|||
|SOL Foundation|||8,029|(8,029)|||
|Tabard RFC||543|15,899|(15,901)||541|
|Walcot Foundation|||11,212|(11,212)|||
|Wates Foundation|||10,000|(7,480)||2,520|
|Young Londoners|Fund|2,078|13,577|(15,655)|||
|||16,895|530,953|(535,601)||12,247|
|Total funds||166,300|1,555,529|(1,538,193)||183,636|
##
|||At||||At|
|---|---|---|---|---|---|---|
|||1 April||||31March|
|||2020|Income|Expenditure|Transfers|2021|
|Unrestricted
funds|||||||
|General||80,566|616,447|(547,608)||149,405|
|Cardiff Central Unrestricted|||131,678|(131,678)|||
|||80,566|748,125|(S79,286)||149,405|
|Restricted funds|||||||
|Aspiring
Communities|||17,344|(17,344)|||
|Coalfields|||18|(18)|||
|Comic Relief|||70,796|(68,728)||2,068|
|Fidelity Foundation|||30,729|(30,729)|||
|John Lyon's Charity|||8,949|(8,949)|||
|Laureus Sport for|Good|3,298|34,288|(32,955)||4,631|
|Masonic Chan'table|||||||
|Foundation|||29,691|(29,691)|||
|National
Lottery Awards for|||||||
|AII|||9,405|(9,405)|||
|Paul Hamlyn
Foundation||6,825|23,228|(22,478)||7,575|
|Paul Hamlyn
Covid-|||||||
|Response|||6,150|(6,150)|||
|Quilter Foundation|||28,086|(28,086)|||
|Robertson
Trust|||14,000|(14,000)|||
|SirJohn Cass Foundation|||5,388|(5,388)|||
|SJPFoundation||2,066||(2,066)|||
|SOL Foundation|||30,247|(30,247)|||
|Tabard RFC|||19,468|(18,925)||543|
|Walcot Foundation|||13,788|(13,788)|||
|Wates Foundation|||18,046|(18,046)|||
|Yo!Ing Londoners|Fund|2,078||||2,078|
|||14,267|359,621|(356,993)||16,895|
|Total funds||94,833|1,107,746|(1,036,279)||166,300|
##
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||||||||2022|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||E|E|K|
|Tangible|fixed|assets||||||
|Current|assets||||263,301|114,794|378,095|
|Creditors|due|within|one|year|(91,912)|(102,547)|(194,459)|
||||||171,389|12,247|183,636|
||||||||2021|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||E|||
|Tangible|fixed|assets|||940||940|
|Current|assets||||235,665|225,185|460,850|
|Creditors|due|within|one|year|(87,200)|(208,290)|(295,490)|
||||||149,405|16,895|166,300|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||E|f|
|Amounts|due|within one year||13,568|11,950|
|Amounts|due|between|two and five years inclusive|38,614|52,183|
|||||52,182|64,133|