GODWIN LAWSON FOUNDATION
Registered Charity
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31[ST] MARCH 2024
Charity number: 1149989
GODWIN LAWSON FOUNDATION YEAR ENDED 31[ST] MARCH 2024
Registered Charity Number: 1149989
Principal address: 639 Enterprise Centre High Road London N17 8AA
Trustees:
Richard Allicock – Chair Margaret Thorli Michael John Griffiths Richard Taylor Professor David Mcllhatton
Governing document:
The charity is operated under the rules of its Constitution.
Bankers: Lloyds TSB Foundation PO Box 1000 BX1 1LT
Independent Examiner and Accountant:
TACTS Accountant Chartered Certified Accountant 61 Fountains Crescent London, N14 6BD
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GODWIN LAWSON FOUNDATION YEAR ENDED 31[ST] MARCH 2024
FINANCIAL ACCOUNTS
CONTENTS
Pages
- 4-8. Trustees Report
9. Independent Examiners Report
10. Statement of Financial Activities
11. Balance Sheet
12-15. Notes to the Accounts
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GODWIN LAWSON FOUNDATION Report of the Trustees For the year ended 31 March 2024
Godwin Lawson Foundation (GLF) trustees are pleased to present their annual report and independently examined financial statements for the year ended 31st March 2024.
The financial statements comply with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
Governance, Structure and Management
Godwin Lawson Foundation was registered as a charity on 30[th] November 2012. The charity is governed by its Constitution. The trustees are appointed or reappointed annually at the Annual General Meeting. Appointment and retirement of trustees is in accordance with the Articles of Association. The trustees give their time voluntarily and received no benefits from the charity.
The overall management of finance is the responsibility of all the Trustees acting on the recommendations of the Chairperson, the Treasurer and the senior staff. The Trustees form the Management Committee who meets regularly to oversee the running of the organisation.
Background
Godwin Lawson Foundation (GLF) is a highly impacted community-based organisation in Haringey, London where we have been working for 9 years. We are well established and serve the deprived ward and disadvantaged Children & Young people and families of Haringey and Enfield.
Charitable Objects:
The organisation main charitable objects are to: -
To advance the education of young people in social issues and cultural diversity in particular but not exclusively through leisure time activities so that they can develop their capabilities and grow into tolerant, fully matures individual members of society with a respect for the uniqueness of others.
Activities
Deliver Godwin Lawson Foundation annual leadership programme to develop the life skills of youths aged 11- 19 and their families in the Enfield/Tottenham area of North London to restore hope, optimism and their self-esteem. Organise GLF memorial football tournament to provide opportunities to participants to challenge and explore the issue of territoriality and its impact on young people. The charity provides advocacy, information and advice services. This year we were funded by Greater London Authority, Bridge renewal Trust, Mayors Fund, Haringey Council, Royal Free Charity and Generation Foundation to tackle knife crime issues, raising awareness, developing toolkit and mental health & wellbeing. Training and workshops were delivered through our online platform and face to face. Bridge Renewal Trust support for our parents’ peer to peer and parental forums has been very helpful in addressing issues, support for each other and sharing experiences.
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Projects Delivery
Project Name: Propel
Objectives:
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Address racial inequity faced by Haringey’s Black and Minority Ethnic young people.
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Empower systems change and sustainability within the youth sector.
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Expand the current Youth Echo.
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Expand the capacity building work in Tottenham to other Haringey wards.
Project Name: Youth Echo
Objectives:
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Lead on activities and interventions related to Education.
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Support in outreach and engagement of young people.
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Delivering on engagement with schools and colleges (focusing on secondary school-aged Black and minority ethnic students with lowest attainment and at higher risk of school exclusion) offering a range of options such as peer to peer mentoring, workshops for personal development, practical opportunities to develop public speaking skills, and creating and editing a film.
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Supporting to increase awareness of young peoples’ rights in regard to stop & search and building better relationships with the police.
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Develop peer-led social actions focused on education - including reducing school exclusions.
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• Attend partnership meetings and events as required.
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Provide agreed financial and performance monitoring data as required.
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Contribute to project evaluation as required.
Project Name: Missing Children
Objectives:
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Conduct return home interviews for children who are reported to be missing from home or care.
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Help the family understand the agency’s role and reason for involvement.
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Support families to fully participate in planning the safety and protection of their children.
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Families are encouraged and supported to make decisions and plans.
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Creation of a plan that is accepted by the family network.
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Mobilisation of greater informal and formal support for families.
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A strength-based approach is used instead of a deficit-based model.
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The agency and the family work together, instead of “against” one another, to create a family plan.
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The family and friends’ network are available to the child 24/7, whereas a professional is not usually available after 17:30 or at weekends.
Project Name: PCCN (Parent Champions Carers Network)
Objectives:
- PCCs will be trained within borough to become parent champions and support their peers. Increase understanding of safeguarding procedures
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Knowledge of SEND referral processes (Reducing late diagnosis and school exclusions for those who need behaviour support)
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Support understanding of the impact of trauma (Increasing understanding of behaviour)
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Knowledge and understanding of schools’ systems and policy's (Reducing exclusion).
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Increased understanding of Gangs and Grooming (Reducing involvement.
Project Name: Home Cooked
Objectives:
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To work with at risk young people within the Tottenham Hale area and helping them to develop to social and life skills.
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To support these young people at risk through effective workshops and mentoring, helping them to move away from gang/knife crime involvement, disruptive behaviours and make better decisions and to use their skills to take advantage of educational and employment opportunities.
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To empower young people at risk to reach their full potential and improve their social and economic well-being. As GLF Peace Ambassadors, they become active and positive peer mentors within their school communities, helping to make communities safer and more inclusive for everyone.
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To improve young people personal social and emotional development/reducing vulnerability.
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Collaborating with parents to update them on progress.
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Football Tournament in August 2023, bringing everyone together in helping to eradicate post code issues.
Project Name: Family Hub
Objectives:
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Training for Champions to become mentors or support for other parent carers.
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• Deliver Culturally sensitive services via parent/carer champions’ work.
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Peer to peer support (engage families through face-to-face contact)
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Promote services to families with 0-2 years old.
Project Name: NHS Charities Mentoring
Objectives:
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Intervention for tackling child sexual exploitation.
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Support young people that experience anxiety, behavioural or emotional disorders through 1:1 mentoring and counselling services.
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Signposting parents with long covid symptoms to the appropriate services.
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This collaborative partnership project in North Central London consists of two work packages, one in Tottenham in the borough of Haringey (Work Package 1/WP1) and one in Edmonton in the borough of Enfield (Work Package 2/WP2). Each work package targets vulnerable and disadvantaged communities in the ICS’s most deprived wards and includes projects across three key themes: mental health support for young people, especially young Black men; support for those experiencing long Covid; and support for the digitally excluded.
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Godwin Lawson Foundation is achieving all the objectives, output and outcome for the above projects. We are grateful and thankful to all the funders who is supporting our projects. We would like to thank all our sessional staff and volunteers who is working on the above projects. The feedback from beneficiaries have been very good and we are collating our monitoring report and using needs identified in development future projects.
Future Plans
The organisation is on target to achieve all outcomes and will continue to deliver on its planned objects. The organisation will continue to fundraise to support its increasing demand for its services to the community.
We are actively recruiting trustees and volunteers to strengthen our management and administration
Risk management
The trustees have a risk management strategy which comprises:
● an annual review of the principal risks and uncertainties that the charity undertakes.
● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and
● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.
Financial Review
GLF’s funding sources are both from restricted and unrestricted sources. This year we were successful in bringing in restricted funds of £141,763 (£120,898 in 2022-23) from various funders of which £75,282 were from 2 Government grant funding. Unrestricted Funds of £ 31,542 include £24,700 of core capacity building support from Postcode Society Trust, 887 general donation and £5,955 from services provided. Our free reserves have increased to £71,852 this year.
Reserve’s policy and Going Concern
Godwin Lawson Foundation (GLF) is committed to maintaining a level of reserves that is sufficient to meet ongoing liabilities and all service delivery commitments, as well as ensuring the long-term future of the charity. GLF adopts a reserves policy that seeks to balance these priorities by holding a level of reserves sufficient to: Ensure the availability of sufficient working funds, provide a buffer in case of unexpected loss of income to ensure that services can be maintained and provide sufficient funds to allow the organisation to wind up while meeting its obligation to staff and service users should the organisation be forced to close.
The Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that GLF’s core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.
Our volunteers
GLF is very involved in the community and relies on voluntary help. Around 10 volunteers assisted with our on-going activities. We wish to thank our volunteers for their loyal support and contribution.
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Independent Examiner
TACTS Accountant was appointed as the charity’s independent examiner during the year and has expressed their willingness to continue in that capacity.
Statement Trustees Responsibilities
Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases.
Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up. The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company.
Signed on behalf of the board,
Margaret Thorli (Trustee)
Date: 14/11/2024
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Independent examiner’s report to the trustees of Godwin Lawson Foundation
I report on the accounts of the Trust for the year ended 31[st] March 2024, which are set out on pages 10 to 15.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission
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under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting
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requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 14/11/2024
Chartered Certified Accountant
TACTS Limited, 61 Fountains Crescent, London, N14 6BD
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GODWIN LAWSON FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| INCOMING RESOURCES:- Incoming resources from generated funds: Voluntary income Services Income Incoming resources from charitable activities Grants to provide charitable activities TOTAL INCOMING RESOURCES RESOUCES EXPENDED Expenditure on charitable activities TOTAL RESOUCES EXPENDED Net Incomings and (outgoings) resources Balances Brought Forward Balances Carried Forward |
Notes (14) (16) |
Unrestricted Funds £ 887 5,955 24,700 31,542 - - |
Unrestricted Funds £ 887 5,955 24,700 31,542 - - |
Restricted Funds £ - - 141,763 141,763 115,933 115,933 |
Restricted Funds £ - - 141,763 141,763 115,933 115,933 |
Total Total Funds Funds 2024 2023 £ £ 887 2,671 5,955 - 166,463 120,898 |
||
|---|---|---|---|---|---|---|---|---|
| 173,305 123,568 |
||||||||
| 115,933 117,876 |
||||||||
| 115,933 117,876 |
||||||||
| 31,542 | 25,830 | 57,372 **5,692 ** |
||||||
| 40,310 | 3,500 | |||||||
| 43,810 38,117 |
||||||||
| **71,852 ** | 29,330 | 101,182 43,810 |
There were no recognised gains or losses for the above period other than those shown in the statement of financial activities for the above financial year. All incoming resources
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and resources expended are derived from continuing activities.
(The notes attached form part of these financial statements)
| GODWIN LAWSON FOUNDATION | GODWIN LAWSON FOUNDATION | GODWIN LAWSON FOUNDATION | |||
|---|---|---|---|---|---|
| BALANCE SHEET AS AT 31 MARCH 2024 | BALANCE SHEET AS AT 31 MARCH 2024 | ||||
| £ | £ | ||||
| Notes | 2024 | 2023 | |||
| Fixed Assets | |||||
| Tangible assets | (6) | - | - | ||
| Current Assets: | |||||
| Cash at Bank and In Hand | Cash at Bank and In Hand | 123,627 | 61,745 | ||
| Current Liabilities: | |||||
| Creditors: | |||||
| Amount falling due within one year: | |||||
| Accruals & Creditors | Accruals & Creditors (12) |
22,445 | 17,935 | ||
| Net Current Assets | Net Current Assets | 101,182 | 43,810 | ||
| Net Assets | **101,182 ** | 43,810 | |||
| As Represented By | As Represented By | ||||
| Unrestricted Fund | 71,852 | 40,310 | |||
| Restricted Fund | (13) | 29,330 | 3,500 | ||
| Total Funds | **101,182 ** | 43,810 |
(The notes form part of this account)
The accounts were approved by the Trustees on 14/11/2024 and signed on their behalf by:
--------------------------------------------Margaret Thorli (Trustee)
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GODWIN LAWSON FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024
1. Accounting basis.
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). GLF meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
b) Preparation of the accounts on a going concern basis
The Charity trustees are of the view that measures taken subsequent to the year-end to reduce operating costs and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.
2. Cash Flow Statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.
3. Income
Income is recognised in the period to which it relates, unless specified otherwise by the funder. Project funding is, in general, repayable if not expended within the relevant project. Such income is only recognised to the extent that it ceases to be repayable. The income is accounted for on a receivable basis.
4. Resource Expended
Resources expended are included in the Statement of Financial Activities inclusive of VAT which cannot be recovered. Direct charitable expenditure include includes the direct costs
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of the activities. Where such costs relate to more than one functional cost category, they have been apportioned in line with the direct costs of the relevant service.
5. Taxation
GLF is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
6. Tangible fixed assets
Fixed assets are stated at cost less accumulated depreciation.
Depreciation is provided to write off the cost, of all fixed assets over their expected useful life as follows: -
Equipment - 33.33% straight-line basis
| At Cost Depreciation: At 1 April 2023 Charge for the year At 31st March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 |
Equipment £ 2,379 2,379 - |
|---|---|
| 2,379 | |
| - | |
| - |
7. Staff Costs
The organisation does not have staff on payroll for this year.
Trustees are not remunerated to stand for their position on the committee board.
8. Status
Godwin Lawson Foundation is a registered charity.
9. Fund Accounting
Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
10. Support Cost
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Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 15.
11. Debtors
The organisation has no debtors in this financial year.
12. Accrual and Creditors
| Professional fees Other Creditors Deferred Grant |
2024 £ 795 5,000 16,650 22,445 |
2023 £ 685 600 16,650 |
|---|---|---|
| 17,935 |
13. Analysis of Restricted Fund
| Restricted balance @ 31st March 2024 £ Haringey Council 23,330 Generation Foundation 6,000 Total Restricted Fund Balance Carried Forward 29,330 4. Grant to provide charitable activities Funder Purpose of Project Mayors Fund Tackling Knife Crime Awareness & Toolkit Greater London Authority Propel Project- Address Racial Inequity Haringey Council - VRU Peer to peer/Parenting champions Network Royal Free Charity Youth Mental Health project National Lottery Fund Mentoring for Girls only project Bridge Renewal Trust Reduce youth violence and knife crime Generation Foundation Mentoring project Postcode Society Trust Capacity Building- Core Support |
Restricted balance @ 31st March 2024 £ 23,330 6,000 |
Restricted balance @ 31st March 2023 £ 3,500 - 3,500 2024 2023 £ £ 670 849 26,532 - 48,750 33,300 13,749 13,749 - 9,200 46,063 54,000 6,000 9,800 24,700 166,463 120,898 |
Restricted balance @ 31st March 2023 £ 3,500 - 3,500 2024 2023 £ £ 670 849 26,532 - 48,750 33,300 13,749 13,749 - 9,200 46,063 54,000 6,000 9,800 24,700 166,463 120,898 |
|
|---|---|---|---|---|
| 29,330 | ||||
| 2024 £ 670 26,532 48,750 13,749 - 46,063 6,000 24,700 166,463 |
||||
| 120,898 |
14. Grant to provide charitable activities
15. Governance and Support cost
| General Support | Governance | Total |
|---|---|---|
| £ | £ | £ |
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| Professional fees Office & General Running Expenses IT Support and Expense |
321 795 1,116 1,252 519 1,771 1,782 - 1,782 |
|---|---|
| 3,355 1,314 4,669 |
16. Expenditure on Charitable Activities
| Charitable Expenses Programme Management & Facilitation Project activities and collaboration Mentoring & Moderator Training Project Administration & Accountancy Office & general running Expenses IT Support and Expenses Rentals and premises cost Depreciation Professional fees Volunteer Expenses and Travel TOTAL RESOURCES EXPENDED 17. Movement In Funds |
Unrestricted Funds £ - - - - - - - - - - - - |
Restricted Funds £ 78,321 9,037 9,338 895 7,625 1,252 1,782 4,825 - 1,116 1,742 115,933 |
Total Total Funds Funds 2024 2023 £ £ 78,321 76,741 9,037 11,655 9,338 7,700 895 260 7,625 6,740 1,252 2,103 1,782 3,369 4,825 5,033 - 793 1,116 2,175 1,742 1,308 |
|
|---|---|---|---|---|
| 115,933 117,876 | ||||
| At 1st April 2023 Surplus/(Deficit) for the year Transfers between funds At 31st March 2024 |
Unrestricted funds reserve £ 40,310 31,542 - 71,852 |
Restricted funds reserve Total £ £ 3,500 43,810 25,830 57,372 - - |
|---|---|---|
| 29,330 101,182 |
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