| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 7 |
| Report ofthe Independent Auditors |
8 | to | 10 |
| Statement of Financial Activities | |||
| Balance Sheet | 12 | ||
| Cash Flow Statement | 13 | ||
| Notes to the Cash Flow Statement | 14 | ||
| Notes to the Financial Statements | 15 | to | 21 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restncted | Total | Total | |||
| Notes | fund | funds | funds | fundsf | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 25,496 | 25,496 | 12,640 | ||
| Charitable activities |
||||||
| Capacity building | 16 | 382,775 | 382,791 | 703,063 | ||
| Other trading activities | 3 | ~36 139 | 80,000 | 116,139 | ||
| Total | 61,651 | ~462 775 | 524,426 | ~715703 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 5 | 8,400 | 8,400 | |||
| Charitable activities |
6 | |||||
| Capacity building | 49,487 | ~328 587 | ~378074 | 679,606 | ||
| Total | ~57 887 | ~328 587 | 386,474 | 679,606 | ||
| NET INCOME | 3,764 | 134,188 | 137,952 | 36,097 | ||
| Transfers between funds |
15 | ~30111) | 30,111 | |||
| Net movement in funds |
(26,347) | 164,299 | 137,952 | 36,097 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward |
65,698 | 131,471 | 197,169 | 161,072 | ||
| TOTAL FUNDS CARRIED FORWARD | 39,351 | ~295 770 | 335,121 | ~197169 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 8 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 6,507 | 6,507 | 4,197 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 43,644 | 296,433 | 340,077 | 87,149 |
| Cash atbank | 32,421 | 32,421 | ~139 101 | ||
| 43,644 | 328,854 | 372,498 | 226,250 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (10,800) | (33,084) | (43,884) | (33,278) |
| NET CURRENT ASSETS | 32,844 | ~295 770 | ~328 614 | 192,972 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 39,351 | 295,770 | 335,121 | 197,169 | |
| NET ASSETS | ~39 351 | 295,770 | ~335 121 | 197,169 | |
| FUNDS | 15 | ||||
| Unrestricted funds |
39,351 | 65,698 | |||
| Restricted funds | ~295 770 | 131,471 | |||
| TOTAL FUNDS | 335,121 | 197,169 |
| f | or tbe year ended | 31March 2023 | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
(102,480) | ~224,370) | ||||
| Net cash used in operating | activities | ~102480) | ~224 370) | |||
| Cash flows from investing Purchase oftangible fixed |
activities assets |
~4,200) | ~5,247) | |||
| Net cash used in investing | activities | ~4,200) | ~5,247) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
(106,680) | (229,617) | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting | period | 139,101 | 368,718 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
~32 421 | ~139 101 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 5 | ||||
| Net income for the | reporting | period (asper the Statement ofFinancial | ||
| Activities) | 137,952 | 36,097 | ||
| Adjustments for: Depreciation charges |
1,890 | 1,050 | ||
| Increase in debtors | (252,928) | (40,839) | ||
| Increase/(decrease) | in creditors | ~10 606 | (2220,678 | |
| Net cash used in operations | ~102,480) | ~224,370) |
| ANALYSIS OF CHANGES IN NET FUND | S | ||
|---|---|---|---|
| At 1.4.22 | Cash flow | At 31.3.23 | |
| Net cash | |||
| Cash at bank and in hand | ~139101 | 106680 | ~32421 |
| 139,101 | 106,680 | ~32421 | |
| Total | 139,101 | 106680 | 32,421 |
| for the year ended 31M | for the year ended 31M | for the year ended 31M | for the year ended 31M | for the year ended 31M | arch 2023 | |||
|---|---|---|---|---|---|---|---|---|
| 3. | OTHER TRADING ACTIVITIES | |||||||
| 2023 | 2022 | |||||||
| f. | ||||||||
| Other income | 116,139 | |||||||
| 4. | INCOME FROM | CHARITABLE ACTIVITIES | ||||||
| 2023 | 2022 | |||||||
| Activity | ||||||||
| Capacity building | 382,791 | 703,063 | ||||||
| Grants received, included | in | the | above, are as follows: | |||||
| 2023 | 2022 | |||||||
| BCAN | 30,000 | 185,996 | ||||||
| City Bridge Trust | 23,050 | 23,050 | ||||||
| BAP - Brent Advice | Partnership | 15,000 | ||||||
| National Lottery Community | Fund | 200,002 | ||||||
| London Borough ofBrent | - | BCAP | 71,995 | |||||
| BigLottery - We Wear Heritage | $5,000 | |||||||
| REND | 23,450 | |||||||
| Kick Start | 3,971 | |||||||
| LBBCapacity Building | 53,000 | |||||||
| B2H - Backto Health | 149,304 | |||||||
| 382,775 | ~481 043 | |||||||
| 5. | RAISING FUNDS | |||||||
| Raising donations | and legacies | |||||||
| 2023 | 2022 | |||||||
| Support costs | ~8400 | |||||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||||
| Support | ||||||||
| Direct | costs (see | |||||||
| Costs | note 7) | Totals | ||||||
| Capacity building | ~37323$ | 4,836 | ~378074 |
| SIJPPORTCOSTS | |||
|---|---|---|---|
| Governance | |||
| costs | |||
| Raising donations and legacies Capacity building |
8,400 ~4836 |
||
| 13,236 | |||
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 2023 | 2022 | ||
| Auditors' remuneration |
13,236 | 3,600 | |
| Depreciation - owned assets | ~1890 | 1,050 |
| STAFFCOSTS | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 6 | 6 | |||
| Wages and salaries Other pension costs |
185,623 2,668 |
267,624 ~3008 |
||
| 188,291 | 270,632 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2023 | 2022 | |||
| Direct staff | 6 | 10 |
| Notes to the Financial Statements -continued for the year ended 31March 2023 |
Notes to the Financial Statements -continued for the year ended 31March 2023 |
Notes to the Financial Statements -continued for the year ended 31March 2023 |
|||
|---|---|---|---|---|---|
| 11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted |
Restricted | Total | ||
| fund | funds | funds | |||
| 8 | |||||
| INCOME AND ENDOWMENTS FROM Donations and legacies |
12,640 | 12,640 | |||
| Charitable activities Capacity building |
~63 567 | 639,496 | 703,063 | ||
| Total | 76,207 | 639,496 | 715,703 | ||
| EXPENDITURE ON | |||||
| Charitable activities Capacity building |
~54 775 | 624,831 | 679,606 | ||
| NET INCOME Transfers between funds |
21,432 ~81 915) |
14,665 81,915 |
36,097 | ||
| Net movement in funds |
(60,483) | 96,580 | 36,097 | ||
| RECONCILIATION OFFUNDS Total funds brought forward |
126,181 | 34,891 | 161,072 | ||
| TOTAL FUNDS CARRIED FORWARD | 65,698 | 131,471 | 197,169 | ||
| 12. | TANGIBLE FIXED ASSETS | Plant and | Computer | ||
| machinery | equipment | Totals | |||
| 8 | 6 | 6 | |||
| COST At 1April 2022 Additions |
5,214 | 8,725 ~4200 |
13,939 ~4200 |
||
| At 31March 2023 | ~5214 | 1~2925 | 1~8139 | ||
| DEPRECIATION At 1April 2022 Charge for year |
5,214 | 4,528 1,890 |
9,742 ~1890 |
||
| At 31March 2023 | 5,214 | ~6418 | 11,632 | ||
| NET BOOK VALUE At 31March 2023 |
6 507 | 6,507 | |||
| At 31March 2022 | 4,197 | ~4197 |
| 13 | DEBTORS:AMOUNTS FA | LLING DUE | WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|
| . | 2023 | 2022 | ||||
| Trade debtors | ~340077 | ~87 149 | ||||
| 14. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | 2023 | 2022 | ||
| f. | ||||||
| Trade creditors Social security and other taxes Accruals and deferred income |
29,741 3,343 10,800 |
17,980 12,898 ~2400 |
||||
| ~43 884 | 33278 | |||||
| 15. | MOVEMENT IN FUNDS | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.22 | in funds I |
fundsf | 31.3.23 | |||
| Unrestricted funds General fund |
65,698 | 3,764 | (30,111) | 39,351 | ||
| Restricted funds | ||||||
| LBBCapacity Building BCAN City Bridge Trust BAP - Brent Advice Partnership National Lottery Community Fund London Borough ofBrent -BCAP BZH ICS - Backto Health |
19,353 42,445 4,673 65,000 |
74 (1,547) (23,397) (10,723) (21,903) (47,522) 145,413 |
10,723 17,230 |
74 17,806 19,048 17,478 145,413 |
||
| DWP - Kickstatt NHS England ICS -REND |
(1,709) 10,951 |
1,709 | 10,951 | |||
| NLHF National Lottery Heritage Fund- We Wear Heritage Mutual Aid Roadshows |
85,000 (173) ~276) |
173 276 |
85,000 | |||
| 131,471 | 134,188 | 30,111 | 295,770 | |||
| TOTAL FUNDS | ~197169 | ~137 952 | ~335 121 |
| Net movement in funds, included in the above are as f |
ollows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| Unrestricted funds General fund |
61,651 | (57,887) | 3,764 |
| Restricted funds LBBCapacity Building BCAN City Bridge Trust BAP - Brent Advice Partnership National Lottery Community Fund London Borough ofBrent -BCAP B2HICS - Backto Health DWP - Kickstart NHS England ICS -REND |
133,000 30,000 23,050 15,000 149,304 3,971 23,450 |
(132,926) (31,547) (46,447) (25,723) (21,903) (47,522) (3,891) (5,680) (12,499) |
74 (1,547) (23,397) (10,723) (21,903) (47,522) 145,413 (1,709) 10,951 |
| NLHF National Lottery Heritage Fund- We Wear Heritage Mutual Aid Roadshows |
85,000 | (173) ~276) |
85,000 (173) ~276) |
| 462,775 | ~328 587 | 134,188 | |
| TOTAL FUNDS | 524,426 | (386,474) | 137,952 |
| Ccmparatives for movement in funds |
| Ccmparatives for m |
ovement in funds |
||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.21 | in funds | funds | 31.3.22 | ||
| 8 | 6 | ||||
| Unrestricted funds General fund |
126,181 | 21,432 | (81,915) | 65,69$ | |
| Restricted funds | |||||
| Brent Advice Fund | 98,720 | (98,720) | |||
| LBBCapacity Building BCAN City Bridge Trust BAP - Brent Advice Partnership |
(73,089) 19,368 39,378 (98,720) |
(15,189) (15) 3,067 |
88,278 98,720 |
19,353 42,445 |
|
| London Community Response Fund National Lottery Community Fund London Borough ofBrent -BCAP Department of Work and Pensions |
49,234 | (49,234) 7,487 71,545 ~2996) |
(2,$14) (6,545) 2,996 |
4,673 65,000 |
|
| 34,891 | 14,665 | ~81 915 | ~131 471 | ||
| TOTAL FUNDS | ~161 072 | 36,097 | 197 169 |
| Comparative net movement in funds, included in the a |
bove are as follows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| 6 | |||
| Unrestricted funds General fund |
76,207 | (54,775) | 21,432 |
| Restricted funds LBBCapacity Building BCAN City Bridge Trust London Community Response Fund National Lottery Community Fund London Borough ofBrent -BCAP Department ofWork and Pensions |
100,052 185,996 23,050 200,002 71,995 ~58 401 |
(115,241) (186,011) (19,983) (49,234) (192,515) (450) ~61397) |
(15,189) (15) 3,067 (49,234) 7,487 71,545 ~2,996) |
| 639,496 | ~624,831) | ~14 665 | |
| TOTAL FUNDS | ~715 703 | ~679 606 | 36,097 |
| Capacity Building/General Fund (LBB) |