| Contents Page | |
|---|---|
| Legal and Administrative | Information |
| Trustees Report | |
| Independent Examination |
|
| Statement ofFinancial Activities | |
| Summary Income and Expenditure |
|
| Balance Sheet | |
| Cash Flows | |
| Notes forming part ofthe | financial statements |
| Detailed Statement of Financial Activities |
| Company Regisfration |
Company Regisfration |
Company Regisfration |
Number. | 08380063 | |||
|---|---|---|---|---|---|---|---|
| Charity | No: | 1151327 | |||||
| Board ofTrustees: | Chetna Murphy |
||||||
| Daniel Gordon | |||||||
| Andrew Murphy |
|||||||
| Louisa Lawes | |||||||
| Janita Coshmore | |||||||
| Felicity Dace | |||||||
| Registered Office: | I Ingram House |
(Ground | Floor) | ||||
| Churchgate | |||||||
| Cheshunt, Waltham |
Cross | ||||||
| Hertiordshire | |||||||
| EN8 9NH | |||||||
| Bankenc | Unity Trust Bank | ||||||
| Congress House | |||||||
| 23-28 Great Russell | Street | ||||||
| London | |||||||
| WC I83UB | |||||||
| Accountant: | JTAccountS | ||||||
| PO Box1327 | |||||||
| Enfield | |||||||
| ENI 9AE | |||||||
| Independent | examiner. | Jacqueline Tetley |
|||||
| 9Woodgrange | Avenue | ||||||
| Enfield | |||||||
| ENI IEW |
| t. Safeguarding |
t. Safeguarding |
t. Safeguarding |
young | young | iyiaintsining appropriate insurance |
iyiaintsining appropriate insurance |
cover | cover | |
|---|---|---|---|---|---|---|---|---|---|
| people whilst in the The Gtlted staff |
care | of | ~ | Having policies and procedures in place, including health and safety, safeguarding |
|||||
| and equal opportunities | |||||||||
| ~ | Staff induction includes a walkthrough |
of | |||||||
| the Safeguarding procesk |
|||||||||
| ~ | All staff snd adult volunteers | undergo | |||||||
| regular Disclosure snd tfantng Service | |||||||||
| Checks, | |||||||||
| ~ | Occasions when an aduit is | left alone | |||||||
| with a child are minimised | |||||||||
| 2. Lack of consistent | funding | Grant applications submissions with |
|||||||
| and core funding | stated target in action pisn | ||||||||
| Widening sources offunding |
from | ||||||||
| commissioned work |
|||||||||
| 3. Reputationat | damage | of | ~Donation acceptance poiicy | ||||||
| accepting donations |
from an | ||||||||
| inappropriate | source | ||||||||
| 4.Health and | Safety | ofstaff | ~Having appropriate policies and procedures |
||||||
| in place | |||||||||
| ~Carrying out risk assessments |
|||||||||
| 5.Interruption | ofservices due | -Staff equipped towork from home and | sil | ||||||
| to an incident | such | as Rre, | documents stored securely on a cloud |
||||||
| flood or power | failure | based system |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| funds | funds | Totalfunds | Totalfunds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Notes | |||||
| INCOMING FUNDS |
|||||
| Income from: | |||||
| Donations and grants | 4 | 73,065 | 13,186 | 86,251 | 88,095 |
| Charitable activities |
5 | 19,730 | 60,483 | 80,213 | 119,788 |
| TOTAL INCOMING RESOURCES |
92,795 | 73,669 | 166,463 | 207,883 | |
| RESOURCES EXPENDED | |||||
| Raising Funds | 6 | 15,986 | 15,986 | 3,879 | |
| Charitable activites |
7 | 103,762 | 39,867 | 143,629 | 199,108 |
| TOTAL RESOUCES EXPENDED | 119,748 | 39,867 | 159,615 | 202,987 | |
| NET INCOMING RESOURCES FOR |
|||||
| THE YEAR | -26,953 | 33,801 | 6,848 | -1,969 | |
| RECOBICILIATION OF FUNDS | |||||
| Total Funds Bought Forward | 30,698 | 52,424 | 83,122 | 85,091 | |
| TOTAL FUNDS CARRIED FORWARD | 3,745 | 86,225 | 89,970 | 83,122 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| f | ||||||
| Income | 166,463 | 207,883 | ||||
| Net gains on | investments | |||||
| Interest and | investment | income | 17 | |||
| Gross income | for | the year | 166,463 | 207,900 | ||
| Expenditure | 159,615 | 209,869 | ||||
| Depreciation | and | charges | for impairment | offixed assets | ||
| Total expenditure | for the | year | 6,848 | -1,969 | ||
| Net {expenditure)/income | before tax for | the year | 6,848 | -1,969 | ||
| Net (expenditure}/Income | for the year | 6,848 | -1,969 |
| Company Umited by guarantee number 08380063 Balance Sheet for the year ended 31March 2022 |
Charity no. 11 | 51327 | |
|---|---|---|---|
| Notes | 2022 | 2021 | |
| Fixed Assets | |||
| Tangible Assets | |||
| Current Assets | |||
| Debtors Other Debtors Cash at bank and in hand |
10 10 |
2,000 5,486 87,616 |
1,200 84,511 |
| 95,102 | 85,711 | ||
| Creditors - Amounts falling due within one year |
11 | -5,132 | -2,589 |
| Net Current Assets | 89,970 | 83,122 | |
| Total assets less current liabilities | 89970 | 83 122 | |
| Total assets excluding pension asset or liability | 89,970 | 83,122 | |
| FUNDS | |||
| Unrestricted Income Funds Restricted Income Funds Reserves |
12 12 12 |
-6,255 86,225 10,000 |
52,424 10,698 20,000 |
| 89,970 | 83,122 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 8 | ||||
| Cash flows from operating | activities | 6,848 | -1,696 | |
| Net {expenditure}/income | per Statement | ofFinancial Activites | ||
| Adjustments for: |
||||
| Dividends, interest and |
rents from investments | -17 | ||
| (increase}/Decrease in trade and other |
receivables | 6,286 | -800 | |
| increase in trade and other payables |
-2,543 | 1,756 | ||
| Net cash {used in}/provided | by operating | activities | 3,743 | -1,030 |
| Cash flows from investing activities |
||||
| Dividends, interest and | rents from investments | 17 | ||
| Net cash from investing activities |
||||
| Cash flows from financing | activities | |||
| Repayment of borrowing |
||||
| Net cash from financing activities |
||||
| Net {decrease}/increase in |
cash and cash | equivalents | 3,105 | -1,013 |
| Cash and cash equivalents | atthe beginning of the year | 84,511 | 85,524 | |
| Cash and cash equivalents | at the end ofthe year | 87,616 | 84,511 | |
| Components ofcash and cash equivalents Cash and bank balances |
87,616 | 84,511 | ||
| 87,616 | 84,511 |
| Fund accounting | Fund accounting | Fund accounting | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | funds | These are | available for use at | the discretion ofthe trustees | in | ||
| furtherance ofthe general objects ofthe charity. |
|||||||
| Designated | funds | These are | unrestricted funds |
earmarked by the trustees for |
|||
| particular | purposes. | ||||||
| Revaluation | funds | These are | unrestricted funds |
which include a revaluation |
reserve | ||
| representing the restatement |
of investment assets at their |
market | |||||
| values. | |||||||
| Restricted | funds | These are | available for use subject to restrictions imposed |
by the | |||
| donor or through terms ofan |
appeal. | ||||||
| Income | |||||||
| Recognition | of income | Income is | included in the Statement of Financial Activities |
(SOFA) | |||
| when the | charity becomes entitled to, and virtually certain |
to | |||||
| receive, the income and the amount ofthe income can be | |||||||
| measured | with sufficient reliability. |
||||||
| Income with | related expenditure | Is reported | gross in the SoFA. | ||||
| Donations | and | Voluntary | income received by |
way ofgrants, donations and |
gifts is | ||
| grants | included in the the SOFA when |
receivable and only when the Charity | |||||
| has unconditional entitlement |
tothe income. |
| Tax reclaims | Tax reclaims | on donations | on donations | and | Income from tax reclaims is included in the |
Income from tax reclaims is included in the |
SoFA at the same | SoFA at the same | SoFA at the same | time |
|---|---|---|---|---|---|---|---|---|---|---|
| gifts | as the gift/donation to which it relates. |
|||||||||
| Donated services | These are only included | in income (with an | equivalent amount |
in | ||||||
| and facilities | expenditure) where the |
benefit tothe Charity is |
reasonably | |||||||
| quantifiable, measurable |
and material. | |||||||||
| Volunteer | help | The value ofany volunteer help received is |
not included jn the | |||||||
| accounts. | ||||||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) | on | This includes any gain or | loss resulting from |
revaluing investments |
||||||
| revaluation | offixed assets | to market value at the end ofthe year. | ||||||||
| Gains/(losses) | on investment | This includes any gain or | loss on the sale of | investments. | ||||||
| assets | ||||||||||
| Expenditure | ||||||||||
| Recognition | of | expenditure | Expenditure is recognised |
on an accruals basis. Expenditure | includes | |||||
| any VAT which cannot be fully recovered, and is |
reported as |
part of | ||||||||
| the expenditure to which |
it relates. | |||||||||
| Expenditure | on | raising funds | These comprise the costs | associated with attracting voluntary |
||||||
| income, fundraising trading costs and investment |
management | |||||||||
| Expenditure | on | charitable | These comprise the costs | incurred by the Charity |
in the delivery | of | ||||
| activities | its activities and services | in the furtherance | ofits | objects, including | ||||||
| the making ofgrants and | governance costs. |
|||||||||
| Grants payable | All grant expenditure is accounted for on an |
actual paid basis | plus | |||||||
| an accrual for grants that | have been approved by |
the trustees at the |
| 3.Statement | ofFinancial Activites - | prior year | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Totalfunds | |||
| 2021 | 2021 | 2021 | |||
| income from: | |||||
| Donations | and grants | 88,095 | 88,095 | ||
| Charitable | activities | 119,788 | 119,788 | ||
| Investments | 17 | 17 | |||
| Total | 88,112 | 119,788 | 207,900 | ||
| Expenditure | on: | ||||
| Raising funds | 1,044 | 1,044 | |||
| Charitable | activites | 134,499 | 74,326 | 208,825 | |
| Total | 135,543 | 74,326 | 209,869 | ||
| Net {expenditure)/income | -47,431 | 45,462 | -1,969 | ||
| Reconciliation | ofdunds: | ||||
| Total Funds | Bought Forward | 78,129 | 6,962 | 85,091 | |
| Total funds | carried forward | 30,698 | 52,424 | 83,122 |
| 4 | Income from donations | and grants | and grants | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Donations &E5,000 |
26,962 | 26,962 | 12,435 | ||||
| The Edward Gostling | Foundation | 5,000 | 5,000 | ||||
| The Hillcote Trust | 5,000 | 5,000 | |||||
| Chantics Aid foundation | 10,000 | 10,000 | 7,261 | ||||
| Explore Grant | 5,000 | ||||||
| Grants &E5,000 |
760 | 760 | 10,690 | ||||
| iob Retention Scheme (HMRCj | 160 | 160 | 16,909 | ||||
| Broxbourne Council |
5,000 | 5,000 | |||||
| Eastern Counties Educational | Trust | 10,000 | 10,000 | ||||
| People's Health Trust | 10,183 | 10,183 | |||||
| Essex Community Foundation |
13,186 | 13,186 | 10,000 | ||||
| Enfield Schools - Butterfly Programme | 0 | 5,800 | |||||
| Garfield yyeston Foundation |
0 | 20,000 | |||||
| 73,065 | 13,186 | 86,251 | 88,095 | ||||
| 5 | income from charitable | activites | |||||
| Unrestricted | Restricted | Total | TOtal | ||||
| 2022 | 2021 | ||||||
| E | E | E | |||||
| Charity Projects | 19,730 | 19,730 | |||||
| Herrltage Lottery Fund |
40,570 | ||||||
| Children in Need - Large |
Grant | 34,836 | 34,836 | 37,300 | |||
| Children in Need - Small |
Grant | 9,966 | 9,966 | 12,692 | |||
| People's Health Trust —Fatherhood |
22,401 | ||||||
| Groundwork UK —Comic |
Relief | 1,510 | 1,510 | 1,888 | |||
| Herffordshire Community |
Foundation | 4,921 | 4,921 | 4,937 | |||
| Lawrence Atwell Chadty | 9,250 | 9,250 | |||||
| 19,730 | 60,483 | 80,213 | 119,788 |
| 6 | Expenditure on raising funds |
||||
|---|---|---|---|---|---|
| Unrestricted | Restr icted | Total | Total | ||
| 2022 | 2021f | ||||
| iTSoftware and Consumables | 1,849 | 1,849 | 579 | ||
| Printing/Stationary | 0 | 465 | |||
| 1,849 | 1,849 | 1,044 | |||
| 7 | Expenditure on charitable activities |
||||
| Charitable | Support rk |
||||
| Activities | Governance | Total | Total | ||
| 2022f | 2021 | ||||
| Accountancyfees | 3,240 | 3,240 | 2,160 | ||
| Advertising and Marketing |
101 | 101 | |||
| Bank fees | 125 | 125 | 228 | ||
| Charitable Donations |
36 | 36 | |||
| Consulting Freelancers |
9,238 88,003 |
||||
| independent Examination insurance |
360 1,521 |
360 1,521 |
1,367 | ||
| Legalfees Premises costs |
35 5,222 |
35 5,222 |
3,461 | ||
| Project Rescources Staff costs iNote 8) Subscriptions Telephone |
112,724 30,905 |
445 260 2,474 |
112,724 31,350 260 2,474 |
44,940 55,791 179 2,886 72 |
|
| Training Travel and subsistence |
318 | 318 | 500 | ||
| 143,629 | 14,137 | 157,766 | 208,825 | ||
| 8 | Staffcosts | ||||
| To~at | Total | ||||
| 2022 | 2021 | ||||
| f | |||||
| Salaries and wages Social security costs Pensions costs |
30,905 31450 |
53309 1,802 580 55,791 |
| 9 | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Cost or revaluation | ||||||
| At 1April 2021 | 20,523 | 20,523 | ||||
| At 31March 2022 | 20,523 | 20,523 | ||||
| Depreciation and impairment |
||||||
| At 1April 2021 | 20,523 | 20,523 | ||||
| At 31March 2022 | 20,523 | 20,523 | ||||
| Net book value | ||||||
| At 1April 2021 | ||||||
| At 31March 2022 | ||||||
| 10 | Debtors | 2022 | 2021 | |||
| E | ||||||
| Trade debtors | 2,000 | 1200 | ||||
| Other Debtors (HMRC) | 5,486 | |||||
| 7,486 | 1200 | |||||
| 11 | Creditors | 2022 | 2021 f |
|||
| Trade creditors | 5,132 | 1412 | ||||
| Other taxes and social security | 1177 | |||||
| 5132 | 2589 | |||||
| 12 | Movement in funds |
At 1April 2021 | incoming | Rescources | At 31March | |
| resources | expended | 2022 | ||||
| (including | other | |||||
| gains/losses} | ||||||
| E | E | |||||
| Restricted funds: | 52,424 | 73,669 | -39,867 | 86,225 | ||
| 52,424 | 73,669 | -39,867 | 86,225 | |||
| Unrestricted funds: |
||||||
| General funds | 10,698 | 92,795 | -109,748 | -6,255 | ||
| Reserves | 20,000 | -10000 | 10,000 | |||
| 30,698 | 92,795 | -109,748 | 3,745 |
| Income from donations and grants |
Income from donations and grants |
Unrestricted | Restricted | |||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2022 | 2021 | |||||
| f | f | f | ||||
| Income from: | ||||||
| Donations | ||||||
| Donations &E5,000 |
26,962 | 26,962 | 12,435 | |||
| The Edward Gostling | Foundation | 5,000 | 5,000 | |||
| The Hillcote Trust | 5,000 | 5,000 | ||||
| Charities Aid Foundation |
10,000 | 10,000 | 7,261 | |||
| Grants | ||||||
| Grants &E5,000 |
760 | 760 | 10,690 | |||
| lob Retention Scheme (HMRC) | 160 | 160 | 16,909 | |||
| Broxbourne Council |
5,000 | |||||
| Eastern Counties Educational |
Trust | 10,000 | 10,000 | |||
| People's Health Trust | 10,183 | 10,183 | ||||
| Essex Community Foundation |
13,186 | 13,186 | 10,000 | |||
| Garfield Weston Foundation | 20,000 | |||||
| Explore Grant | 5,000 | |||||
| Enfield Schools - Butterfly Programme | 5,800 | |||||
| 73,065 | 13,186 | 86,251 | 88,095 | |||
| Charitable activities |
||||||
| Charity Projects | 19,730 | |||||
| Herritage Lottery Fund |
40,570 | |||||
| Children in Need - Large Grant |
34,836 | 34,836 | 37,300 | |||
| Children in Need —Smal! Grant |
9,966 | 12,692 | ||||
| People's Health Trust - Fatherhood | 22,401 | |||||
| Groundwork UK- Comic Relief |
1,510 | 1,510 | 1,888 | |||
| Hertfordshire Community |
Foundation | 4,921 | 4,921 | 4,937 | ||
| Lawrence Atweli Charity | 9,250 | 9,250 | ||||
| 19,730 | 60,483 | 80,213 | 119,788 | |||
| Bank interest | 17 | |||||
| 17 | ||||||
| Total income | 92,795 | 60,483 | 166,463 | 207,900 |