**Charity number: 1150852** **Company number: 08100566** **(England and Wales)** ## **Loughborough Junction Action Group** **Report of the Trustees and Unaudited Financial Statements** **For the year ended 05 April 2022** **Restated** ## **Loughborough Junction Action Group Contents Page For the year ended 05 April 2022** |Report of the Trustees|1 to 6| |---|---| |Independent Examiner's Report to the Trustees|7| |Statement of Financial Activities|8| |Statement of Financial Position|9| |Notes to the Financial Statements|10 to 15| ## **Loughborough Junction Action Group Report of the Trustees** ## **For the year ended 05 April 2022** The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 05 April 2022. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the charity are the advancement of education, the relief of poverty and improvement of the natural environment in the Loughborough Junction area. The charity seeks to do this through its own work and also through the support of any charity in Lambeth whose objectives are in line with these. The main activities during the year were to use grants received to pursue these objectives. ## The Work of LJAG The Loughborough Junction Action Group (LJAG) is a social action charity based in the Loughborough Junction area of south London. We aim to improve the environment of Loughborough Junction and the lives of the people who live here. It is our mission to make Loughborough Junction a great place to live and work. We wish to inspire pride and a sense of place in Loughborough Junction. We work to achieve this through projects focused on skill-sharing, community gardening and food growing, place-making, children's activities and community events. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. 1 of 15 ## **Loughborough Junction Action Group Report of the Trustees Continued For the year ended 05 April 2022** ## **ACHIEVEMENTS AND PERFORMANCE** This report covers the year to 5 April 2022, a period of recovery from the worst months of the pandemic which hit our community badly. Highlights of the year included the continuing success of The Platform Café with plans for a major refurbishment now complete; Loughborough Farm's involvement with The Garden Museum's oral history project and exhibition Sowing Roots exhibition; its successful programme of health and wellbeing events; and its outreach programme on the Loughborough Estate delivering free tomato plants and herbs to residents. At Grove Adventure Playground there were memorable trips to the seaside and Frencham Ponds for wild swimming; and finally in January we relaunched our Craft Workshops in a beautiful room at the Carnegie Library. ## The Grove Adventure Playground Grove Adventure Playground is LJAG's largest project. This lovely playground has some of the most adventurous structures in London. It has become a safe haven for many local children and young people, most of whom live in flats in the nearby estates of social housing with no access to private gardens. During the year under review Grove was registered with Lambeth council as a Special Educational Needs and Disabilities (SEND) Short Breaks provider with after-school sessions in term-time on Wednesday. We ran Saturday and holiday play schemes during the Easter and summer 2021 school holidays and during the June and October 2021 and February 2022 half-term holidays. We continued to operate a Covid-safe facility and the number of children and young people remained restricted with days alternating between primary and secondary age children. There were memorable trips out to the seaside, Frencham Ponds, FlipOut trampoline park, and Horniman Museum. Grove Adventure Playground is a member of Building Young Brixton, a partnership of 8 youth organisations (recently extended to 10) working in and around Brixton. These include our neighbours ML Community Enterprise and Ebony Horse Club, Baytree Centre, Spiral Skills, Juvenis, IRMO. The partnership is led by High Trees Community Development Trust in Tulse Hill and we would like thank their joint CEO, Grace English, for obtaining significant funding which continues to support Grove. The partnership provides opportunities for Grove children and young people to know other youth facilities and what they offer, widening their horizons and friendship groups beyond the confines of Grove. Our initial lease from Lambeth council ran for three years from June 2018 and with our future uncertain beyond June 2021 we started negotiations to enter into a new 10-year lease. This new 10-year lease was concluded in June 2021. We are now in a position to confidently plan the future of the playground and its building so that it can continue to serve the children and young people of Loughborough Junction. It is our ambition that Grove Adventure Playground develops into a community hub offering a wide range of activities for families. Since the end of the financial year, there have been major changes at Grove. We said goodbye to Nick Lewis and Oli Perrins, our special educational needs co-ordinator. We would like to thank them both for getting Grove through the pandemic. Nick Lewis worked tirelessly at the playground since it reopened in summer 2018 and was always there to answer the many queries and questions which present themselves daily at the doors of the playground. Oli Perrins has a passion for integrating children and young people with special needs into the life of the playground, a legacy which we are committed to continue. ## The Platform Café The Café was ably run by manager, Charlotte O'Connor, deputy manager, Johanna Gilmour and chef Sophie Lawrence and opening hours were extended to Tuesday, Wednesday, Thursday and Friday when there was always a tasty vegetarian main meal option on the menu. The Café continued to offer its free meals service for those in need, funded by generous customers who pay a meal forward. We also started an employability scheme offering training in front-of-house for the young unemployed. We worked with Groundwork who used the Government's Kickstart scheme to employ Elias Hagos, who continued to work at the Café. As a result of his training he secured further employment with our neighbours, local brewery tap room Friendship Adventure. For our first four years, The Platform was rented from Meanwhile Space CIC who in turn rented it from Lambeth council. We signed a 2-year lease in June 2021 directly with Lambeth council. This required us to provide a business plan offering a social benefit to Loughborough Junction. We spent the year planning improvements to the premises with Ophelia Gisquet ably designing and overseeing the work. This involved a crowdfunder which raised £15,550 and a successful bid to Lambeth's Social Benefit Fund which raised a further £44,000. The Café closed for its refurbishment as our financial year ended. We expected to reopen in June but the works took longer than expected and the reopening was delayed until early 2 of 15 ## **Loughborough Junction Action Group Report of the Trustees Continued For the year ended 05 April 2022** ## September. ## The Loughborough Farm Loughborough Farm is a successful community food growing project on a piece of once derelict land on Loughborough Road. The Farm is ably run by our long-standing co-ordinator Emily Myers. The Farm has a strong volunteer following and special thanks are due to Heather Seal, Ophelia Gisquet, Migle Pikelyte, Harriet Hall, Karen Hooper, Catherine Livesley, Mohammed Mir, Becky Payne, Ramesh Modhwadia and Sue McClymont. The Farm's outreach project on the Loughborough Estate connected with 116 families who received either a tomato or herb plant. Most families now receive our e-newsletter and 25 have joined the tomato growers of LJ Whatsapp group and are able to communicate with each other about their growing experiences and receive communications about other activities in the area. During the summer, autumn and winter, Ophelia Gisquet co-ordinated a programme of health and wellbeing events. There were workshops on flower arranging, natural dyeing, creative mending, Christmas wreath-making, spoon carving, kimchi-making, and coping with grief. Ophelia also created a beautiful new website for the Farm which is much more user friendly. www.loughboroughfarm.com Heather Seal continued to maintain and develop the Wyck Forest Garden - an orchard, working alongside the newly formed Friends of Wyck Gardens. Heather ran a very successful Apple Day in October 2021 - one of our first community events since the pandemic with approximately 60 attendees. Heather also gave a lot of support leading Farm sessions - some of which were funded, and running the Farm's monthly market, alongside Ophelia and other volunteers. During the summer months the market often makes over £200. Wish You Were Here (WYWH) is led by volunteer Karen Hooper. Still based outside London, Karen continued to support via phone, text, email and letters our volunteers who are facing challenges. We also continued to hold virtual Farm Tea-Breaks throughout the year. A highlight of the year was the Farm's involvement and contribution to the Garden Museum's oral history project and exhibition Sowing Roots, the first of its kind, which explored the part the Caribbean diaspora has and continues to play in community food growing and culture of south London. Farm volunteers Sonia Mullings, Lincoln Nurse, Eloise Reid, Dorrel Bennett-Creary and Sylvia Halstead all took part. An on-line version of the exhibition is still available on the Garden Museum website where you can see this short film with Dorrel singing a Jamaican folk song: Sowing Roots Online Exhibition - Garden Museum The Loughborough Farm occupies part of LJ Works, a GLA and Lambeth-funded affordable workspace scheme for local people which we welcomed. LJ Works was agreed in January 2016 and was meant to open in summer 2017. LJ Works is only now - winter 2022 - ready to welcome tenants, over 5 years late. The delay put in jeopardy funding of £15,000 which we had obtained for rebuilding the Farm. However, after much discussion the funder was able to extend the deadline for spending the money. The Farm continued monthly sessions at Southwell Road Residents' Garden. The Farm management committee meets monthly and there are sub-groups working on DIY and crop-planning. ## Craft workshops Former trustee Maude Estwick and trustee Hazel Watson restarted their Craft Workshops on a Tuesday during term time at Carnegie Library in January 2022. In March, Maude and Hazel obtained 2 year's funding from the Lambeth Wellbeing Fund. The workshops teach knitting, crochet and machine sewing. They are passing craft skills down the generations and tackle loneliness and isolation. Learning to sew using a sewing machine is particularly popular with people keen to make or repair their clothes. ## Greening the Junction LJAG volunteer Armeet Panesar from architects Poroban obtained funding from the GLA Greener City Fund to build planters linking Ruskin Park with Wyck Gardens. The Loughborough Junction Green Link planters were built and planted by social enterprise Father Nature and have been designed to create a green corridor through Loughborough Junction's town centre improving air quality and providing a range of plants that will cope with climate change and increase diversity. Local volunteers have been involved in planting and maintaining the planters. 3 of 15 ## **Loughborough Junction Action Group Report of the Trustees Continued For the year ended 05 April 2022** ## LJ Neighbourhood Forum The Neighbourhood Forum is a local forum facilitated by LJAG, which meets on the last Wednesday of the month. The Forum commented on Lambeth council's Site Allocation Draft Planning Document which sets the planning parameters for development of sites in Loughborough Junction, in particular Sureways church, the former Twin Towers site bounded by Hinton Road, Wellfit Street and Hardess Street and King's College Hospital. We opposed the intensification of development of the first two sites and the lack of a pedestrian and cycling strategy on the King's College Hospital site. The Forum opposed Lambeth council's Loughborough Road Healthy Route Phase I on the grounds that the proposed new cycle path was ill-conceived and unsufficiently funded and the funds could be better spent improving the two junctions at Coldharbour Lane/Loughborough Road/Hinton Road and at the northern end at Fiveways. The Forum also commented on the proposed development of Geoffrey Close, the housing estate between Lilford Road, Kenbury Street and Flaxman Road where a joint venture between housing association Riverside and developer Bellway is proposing 400 new homes. The Forum visited Coldharbour Works. We were shown round by King's College Hospital who have spent £17 million renovating the property almost entirely for its own use. The building now has therapy rooms and office space for a number of hospital departments, including the charity. The building is now owned by Assura, a company which specialises in owning properties rented to the NHS. ## Health and Wellbeing During the pandemic LJAG worked in partnership with Vassall & Coldharbour Covid-19 Response Consortium. Partnership working is important to us as it connects us to other organisations and charities working in our area; we learn from each other and work towards best practice. It also provides access to sources of funding that wouldn't normally be available to us. The partnership set up a number of working groups and LJAG led the health and wellbeing group. Working closely with the Fiveways Primary Care Network and the two local social prescribers, this has now morphed into Thriving Vassall & Coldhabour. This in turn is working in partnership with a growing Thriving network in Lambeth which has received funding from Lambeth Together's Neighbourhood Wellbeing Delivery Alliance (NWDA). The purpose is to bring health professionals closer to the communities they serve by making them aware of community organisations, initiatives and events. Thriving Vassall & Coldhabour holds a twice monthly hour-long virtual meet-up which brings a wide range of organisations together to make connections. Thriving Vassall & Coldhabour organised or contributed towards three health and wellbeing events. The first was at the Myatt's Fields North Community Centre in November; the second was a Young Person's Health Day at Marcus Lipton in March, followed closely by another health day at the same venue. ## The future LJAG has grown rapidly in the last three years and this brings pressures. We have undertaken a complete overhaul of our policies and procedures and where appropriate our workers have been put on the payroll which entitles them to holiday and sick leave and pay and pension auto-enrolment. There has been a major reorganisation at Grove Adventure Playground. We have recently appointed a Playground Manager, which is being shared by two experienced senior playworkers, Sean Hines, who has worked at the playground since it reopened in summer 2018 and Charmaine Bolah, who comes from Wandsworth council's after school service. And we will soon have in place a new Play Leader and a part-time Special Needs and Disabilities Co-ordinator. Together with a dedicated team of sessional playworkers, Grove moves to the next exciting stage of its development. We are the custodian of a number of premises in Loughborough Junction: Grove Adventure Playground, The Platform Café, and Loughborough Farm and it is our responsibility to make sure these assets are run for the benefit of the people who live and work in Loughborough Junction. This is a task we take seriously and it is our aim to have these buildings and facilities buzzing with activities which improve the skills, knowledge, and wellbeing of the community. And we are always open to suggestions to make this possible. 4 of 15 ## **Loughborough Junction Action Group Report of the Trustees Continued For the year ended 05 April 2022** ## **FINANCIAL REVIEW** During the financial year to 5 April 2022 we received funding from the following organisations and grant-giving charities: BBC Children in Need; Betty Messenger Charitable Foundation; Julia and Hans Rausing Trust; Kickstart; Lambeth Forum Network; Lambeth council business support; Lambeth council EIPS; Lambeth council SEND Short Breaks; Lambeth Wellbeing Fund; L&Q Place Makers Fund; Merriman Charitable Foundation; Peter Minet Trust; Postcode Lottery; School for Social Entrepreneurs; The Neighbourly Foundation; The Truemark Trust; The John Horseman Trust; Vassall & Coldharbour Covid-19 Response Consortium; Wildcard Foundation and many smaller donations from foundations and trusts and generous individuals. We raised money from two Crowdfunders: The Platform Café raised money for its refurbishment and the Loughborough Farm for a programme of events, both match-funded by Lambeth council; and Grove Adventure Playground raised money through The Big Give Christmas Challenge with match funds from Childhood Trust. Since the end of the financial year we have raised more than £250,000 in grants from, inter alia Arnold Clark; BBC Children in Need; City Bridge Trust; Clothworkers Foundation; Garfield Weston; GLA; Kickstart; L&Q Placemakers; Lambeth council EIPS; Lambeth Wellbeing Fund; Peter Minet Trust; The National Lottery; Wates Foundation and Walcot Foundation. Once again we want to single out the grant from Peter Minet Trust which in 2020 awarded LJAG an unrestricted grant of £30,000 a year for three years. This funds LJAG’s development work, and it is a pleasure to work closely with the trust as we determine the future of LJAG together. ## **Reserves** The Trustees monitor the grants that it receives and in order to continue its work it works towards maintaining a reserve equal to three months expenditure as outlined in its reserve policy. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** STRUCTURE, GOVERNANCE AND MANAGEMENT Loughborough Junction Action Group is a registered charity (No 1150852) and a company limited by guarantee not having a share capital (No 08100566). Loughborough Junction Action Group (LJAG) is a company limited by guarantee, incorporated on 11 June 2012, governed by its Memorandum and Articles of Association. It registered as a Charity with the Charity Commission for England & Wales on 18 February 2013. Prior to this Loughborough Junction Action Group existed as a community group, which was established in 2008. The Charity is run by the Board of Trustees, detailed above. The Trustees meet regularly to review the performance of the Charity, consider risks and issues affecting the Charity, and to review the future plans of the Charity. Appointment of new Trustees is governed by the Memorandum and Articles of Association, as amended by special resolution on 8 February 2013. ## RISK MANAGEMENT The Trustees actively review the major risks the Charity faces on a regular basis including risks to its future grant income. The Trustees have also examined other operational and business risks faced by the Charity and have established systems to mitigate these risks. ## PUBLIC BENEFIT The Trustees confirm that they have complied with their duty in Section 17 of the Charities Act 2011 to have due regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and planning its future activities. The Trustees have considered the Charity Commission's guidance on public benefit and they believe that the support provided to the Loughborough Junction Action Group allows its objectives to be met for the benefit of those who live and work in Loughborough Junction. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Loughborough Junction Action Group **Charity registration number** 1150852 **Company registration number** 08100566 **Principal address** 25 Loughborough Park, London SW9 8TP 5 of 15 ## **Loughborough Junction Action Group Report of the Trustees Continued For the year ended 05 April 2022** ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Anthea Mary Masey - Chair ## **Independent examiners** John James David Frankland - Deputy Chair Clive Francis Timothy Gaymer Jan Hegenbart Kathy Jones Michelle Kane Hazel Dorinda Watson Tom Wilcox Unit 115 Ducie House Ducie Street Manchester M1 2JW Approved by the Board of Trustees and signed on its behalf by ............................................................................. 24th January 2024 6 of 15 ## **Loughborough Junction Action Group Independent Examiners Report to the Trustees For the year ended 05 April 2022** I report to the trustees on my examination of the accounts of the charitable company for the year ended 05 April 2022. ## **Responsibilities and basis of report** As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of Institute of Chartered Secretaries and Administrators, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 26th January 2024 Tom Wilcox Unit 115 Ducie House Ducie Street Manchester M1 2JW 7 of 15 ## **Loughborough Junction Action Group** ## **Statement of Financial Activities (including Income and Expenditure Account) For the year ended 05 April 2022** ||**Notes**|**Unrestricted Funds**|**Restricted Funds**|**2022**|**2021**| |---|---|---|---|---|---| |||**Restated**|**Restated**||| |||**£**|**£**|**£**|**£**| |**Income and endowments from:**|||||| |Donations and legacies|2|108,843|293,732|402,575|360,157| |Charitable activities|3|61,009|-|61,009|41,950| |**Total**||**169,852**|**293,732**|**463,584**|**402,107**| |**Expenditure on:**|||||| |Charitable activities|4/5|(208,723)|(191,328)|(400,051)|(265,507)| |**Total**||**(208,723)**|**(191,328)**|**(400,051)**|**(265,507)**| |**Net income/expenditure**||**(38,871)**|**102,404**|**63,533**|**136,600**| |**Reconciliation of funds**|||||| |Total funds brought forward||64,330|82,441|146,771|10,171| |**Total funds carried forward**||**25,459**|**184,845**|**210,304**|**146,771**| 8 of 15 08100566 Registered Number : ## **Loughborough Junction Action Group Statement of Financial Position As at 05 April 2022** |**Notes**
**Current assets**
9
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
11
Unrestricted income funds
11
**Total funds**|**£**
**£**
**2022 - Restated**
**2021**
23,856
-
187,108
147,431
**210,964**
**147,431**
(660)
(660)
**210,304**
**146,771**
**210,304**
**146,771**
**210,304**
**146,771**
184,845
82,441
25,459
64,330
**210,304**
**146,771**|**£**
**£**
**2022 - Restated**
**2021**
23,856
-
187,108
147,431
**210,964**
**147,431**
(660)
(660)
**210,304**
**146,771**
**210,304**
**146,771**
**210,304**
**146,771**
184,845
82,441
25,459
64,330
**210,304**
**146,771**| |---|---|---| |||**147,431**| |||(660)
**146,771**| |||**146,771**| |||**146,771**| |||82,441
64,330| |||**146,771**| For the year ended 05 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting - records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 24th January 2024 9 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements For the year ended 05 April 2022** ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) 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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Loughborough Junction Action Group 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). ## Restatement The financial statements of the charitable company have been restated for the period ending 5th April 2022. The restated accounts include transactions from a bank account under the charity's control, which were omitted in the original accounts. The impact of the restatement is to increase income by £16,579 and expenditure by £50,051. Unrestricted funds have decreased by £36,984 and restricted funds have increased by £3,512. ## **Going concern** The financial statements are prepared, on a going concern basis, under the historical cost convention. ## **2. Income from donations and legacies** |Donations received
Grants received|**2021**
**2022 - restated**
**Restricted**
**funds - restated**
**Unrestricted**
**funds - restated**
**£**
**£**
**£**
**£**
116,559
134,493
79,825
54,668
243,598
268,082
213,907
54,175
**360,157**
**402,575**
**293,732**
**108,843**| |---|---| ## **3. Income from charitable activities** ||**2022 - restated**|**2021**| |---|---|---| ||**£**|**£**| |**nrestricted funds**||| |_afe_||| |Income from charitable|61,009|41,950| |activities||| ## **Unrestricted funds** ## _Cafe_ 10 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 05 April 2022** ## **4. Costs of charitable activities by fund type** |Cafe
Grove
Farm / Greening
Laughing Yoga
Support costs|**2021**
**2022 - restated**
**Restricted**
**funds - restated**
**Unrestricted**
**funds - restated**
**£**
**£**
**£**
**£**
89,237
14,663
72,912
103,900
91,432
123,764
142,062
215,196
-
47,901
29,237
47,901
-
-
2,700
-
28,054
5,000
18,596
33,054
**208,723**
**191,328**
**265,507**
**400,051**| |---|---| ## **5. Costs of charitable activities by activity type** ||**Activities**|**Support**|**2022 - restated**|**2021**| |---|---|---|---|---| ||**undertaken**|**costs**||| ||**directly**|||| ||**£**|**£**|**£**|**£**| |**Support costs**||||| |Cafe|103,900|-|103,900|72,912| |Grove|215,196|-|215,196|142,062| |Farm / Greening|47,901|-|47,901|29,237| |Laughing Yoga|-|-|-|2,700| |Support costs|-|33,054|33,054|18,596| ||**366,997**|**33,054**|**400,051**|**265,507**| ## **6. Analysis of support costs** |**Support costs**
Management costs
Admin and
communications
Stationery & Printing
Events
Legal & Professional
Sundry
Governance costs|**2021**
**2022 - restated**
**£**
**£**
20,295
6,478
6,003
7,110
1,854
2,113
2,787
-
-
1,043
1,455
1,171
660
681
**18,596**
**33,054**|**2021**
**2022 - restated**
**£**
**£**
20,295
6,478
6,003
7,110
1,854
2,113
2,787
-
-
1,043
1,455
1,171
660
681
**18,596**
**33,054**| |---|---|---| |||**18,596**| 11 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 05 April 2022** ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |Accountancy fees|660|681| ## **8. Comparative for the Statement of Financial Activities** |**Income and endowments from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Transfers between funds**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**9. Debtors**
**Amounts due after more than one year:**
Prepayments and accrued income
**10. Creditors: amounts falling due within one year**
Accruals and deferred income|**Unrestricted**
**funds**
**£**
125,289
41,950
**167,239**
(104,185)
**(104,185)**
(1,399)
**61,655**
2,675
**64,330**|**Restricted**
**funds**
**£**
234,868
-
**234,868**
(161,322)
**(161,322)**
1,399
**74,945**
7,496
**82,441**
**2022**
**£**
23,856
**23,856**
**2022**
**£**
660
**660**|**2021**
**£**
360,157
41,950| |---|---|---|---| ||||**402,107**| ||||(265,507)| ||||**(265,507)**| ||||-| ||||**136,600**| ||||10,171| ||||**146,771**| ||||**2021**
**£**
-| ||||**-**| ||||**2021**
**£**
660| ||||**660**| 12 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 05 April 2022** ## **11. Movement in funds** ## **Unrestricted Funds** |_General_
General
**Unrestricted Funds - Previous year**
_General_
General
**Restricted Funds**
Café
Grove
LFN
Loughborough Farm
**Restricted Funds - Previous year**
Café
Grove
Laughing Yoga
LFN
Loughborough Farm|**Balance at**
**06/04/2021**
**£**
64,330
**64,330**
**Balance at**
**06/04/2020**
**£**
2,675
**2,675**
**Balance at**
**06/04/2021**
**£**
7,206
55,059
-
20,176
**82,441**
**Balance at**
**06/04/2020**
**£**
-
3,402
3,073
-
1,021
**7,496**|**Incoming**
**resources**
**£**
169,852
**169,852**
**Incoming**
**resources**
**£**
167,239
**167,239**
**Incoming**
**resources**
**£**
33,214
200,542
5,000
54,976
**293,732**
**Incoming**
**resources**
**£**
54,140
127,776
-
5,000
47,952
**234,868**|**Outgoing**
**resources**
**£**
(208,723)
**(208,723)**
**Outgoing**
**resources**
**£**
(104,185)
**(104,185)**
**Outgoing**
**resources**
**£**
(14,663)
(123,764)
(5,000)
(47,901)
**(191,328)**
**Outgoing**
**resources**
**£**
(46,934)
(79,237)
(2,700)
(5,000)
(27,451)
**(161,322)**|**Transfers**
**£**
-
**-**
**Transfers**
**£**
(1,399)
**(1,399)**
**Transfers**
**£**
-
-
-
-
**-**
**Transfers**
**£**
-
3,118
(373)
-
(1,346)
**1,399**|**Balance at**
**05/04/2022**
**£**
25,459
**Restated**| |---|---|---|---|---|---| ||||||**25,459**| ||||||**Balance at**
**05/04/2021**
**£**
64,330| ||||||**64,330**| ||||||**Balance at**
**05/04/2022**
**£**
25,757
131,837
-
27,251
**Restated**| ||||||**184,845**| ||||||**Balance at**
**05/04/2021**
**£**
7,206
55,059
-
-
20,176| ||||||**82,441**| 13 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 05 April 2022** ## **Purpose of restricted funds** ## Grove The purpose of this fund is to pay for the cost of staff, maintenance and other expenses of running the Grove Adventure Playground an open access adventure playground for children and young people aged four to 16. Café The purpose of this fund is to run a community café including maintaining and improving the café building, paying the expenses of employing a café manager, providing free meals for those in need in the community and to run events on healthy eating. ## Loughborough Farm The purpose of this fund is to run an inter-city farm, employ a Farm manager and provide open air volunteering opportunities for the local community. ## LFN The purpose of this fund is to support the core costs of the charity; these include running the LJ Neighbourhood Forum, administrative and social media support; insurance and other offices expenses. ## Laughing Yoga The purpose of this fund is to pay the costs and expenses of a Laughing Yoga teacher who runs free health and wellbeing events in Loughborough Junction both in person and on Zoom. ## **12. Analysis of net assets between funds** |**Analysis of net assets between funds**||| |---|---|---| ||**Net current**|**Net Assets**| ||**assets /**|**Restated**| ||**(liabilities)**|| ||**£**|**£**| |**Unrestricted funds**||| |_General_||| |General|25,459|25,459| |**Restricted funds**||| |Café|25,757|25,757| |Grove|131,837|131,837| |Loughborough Farm|27,251|27,251| ||**210,304**|**210,304**| 14 of 15 ## **Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 05 April 2022** |**Previous year**||| |---|---|---| ||**Net current**|**Net Assets**| ||**assets /**|| ||**(liabilities)**|| ||**£**|**£**| |**Unrestricted funds**||| |_General_||| |General|64,331|64,331| |**Restricted funds**||| |Café|7,206|7,206| |Grove|55,058|55,058| |Loughborough Farm|20,176|20,176| ||**146,771**|**146,771**| 15 of 15