|||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)|||| ## ##