| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details | 1 | to | 2 |
| Report ofthe trustees | 3 | to | 7 | |
| Independent examiner's report |
||||
| Statement offinancial activities | ||||
| Balance sheet | 10 | to | 11 | |
| Cash flow statement | 12 | |||
| Notes to the cash flow statement | 13 | |||
| Notes to the financial statements | 14 | to | 25 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2 | 18,263 | 18,263 | 19,965 | |||
| Charitable activities |
|||||||
| Legal advice services | 210,106 | 377,740 | 587,846 | 506,327 | |||
| Investment income |
633 | 633 | |||||
| Total | 229,002 | 377,740 | 606,742 | 526,292 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 172 | 172 | 827 | ||||
| Charitable activities |
|||||||
| Legal advice services Support costs |
98,050 86,660 |
391,264 | 489,314 86,660 |
360,017 84,946 |
|||
| Other | 28 | ||||||
| Total | 184,882 | 391,264 | 576,146 | 445,818 | |||
| NET INCOME/(EXPENDITURE) | 44,120 | (13,524) | 30,596 | 80,474 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 267,774 | 135,207 | 402,981 | 322,507 | ||
| TOTAL FUNDS CARRIED FORWARD | 311,894 | 121,683 | 433,577 | 402,981 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | 5 | f, | ||
| Cash flows from operating activities |
||||
| Cash generated from operations Interest paid |
50,751 | 117,251 (28) |
||
| Net cash provided by operating activities |
50,751 | 117,223 | ||
| Cash flows from investing activities |
||||
| Purchase ofintangible fixed assets Purchase oftangible fixed assets Purchase offixed asset investments Interest received |
(3,856) (I) 633 |
(12,625) (9,692) |
||
| Net cash used in investing activities |
(3,224) | (22,317) | ||
| Change in cash and cash equivalents |
in | |||
| the reporting period Cash and cash equivalents at the |
47,527 | 94,906 | ||
| beginning ofthe reporting period |
201)095 | 106,189 | ||
| Cash and cash equivalents at the end |
of | |||
| the reporting period |
248,622 | 201,095 |
| NOTES TO THE CASH FLOW STATEMENT for the year ended 30November 2021 |
NOTES TO THE CASH FLOW STATEMENT for the year ended 30November 2021 |
||||
|---|---|---|---|---|---|
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | |||
| 2021 | 2020 | ||||
| Net income for the | reporting | period (as per the Statement offinancial | |||
| activities) Adjustments for: |
30,596 | 80,474 | |||
| Depreciation charges Interest received Interest paid |
5,993 (633) |
5,221 28 |
|||
| (Increase)/decrease | in | work-in-progress | (20,986) | 22,457 | |
| (Increase)/decrease | in | debtors | (116,292) | 24,580 | |
| Increase/(decrease) | in | creditors | 152,073 | (15,509) | |
| Net cash provided | by | operations | 50,751 | 117,251 |
| At 1.12.20 | Cash flow | At 30.11.21 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank and in hand | 201,095 | 47,527 | 248,622 |
| 201,095 | 47,527 | 248,622 | |
| Total | 201,095 | 47,527 | 248,622 |
| 2. | DONATIONS AND LE |
GACI | ES | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Donations | 18,263 | 19,965 | |||
| 3. | INVESTMENT INCOME | ||||
| 2021 | 2020 | ||||
| 8 | g | ||||
| Bank interest | 633 | ||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | ||||
| 2021 | 2020 | ||||
| Activity | 8 | ||||
| Opening work in progress | Legal advice services | (186,718) | (209,175) | ||
| Legal services income | Legal advice services | 134,060 | 138,883 | ||
| Closing work in progress | Legal advice services | 207,704 | 186,718 | ||
| Grants | Legal advice services | 407,740 | 376,395 | ||
| Other income | Legal advice services | 2,083 | 2,063 | ||
| Training | Legal advice services | 22,977 | 11,443 | ||
| 587,846 | 506,327 | ||||
| Grants received, included | in the | above, are as follows: | |||
| 2021 | 2020 | ||||
| 8 | |||||
| Trust for London The Legal Education Foundation Esmee Fairbaim Foundation Access to Justice Foundation |
39,300 42,087 44,013 28,000 |
39,200 34,298 27,537 105,400 |
|||
| Baring Foundation Samworth Foundation Other grants ABCharitable Trust Maingot Charitable Trust Anti-Slavery International Society ofthe Holy Child Jesus Strategic Legal Fund London Legal Support Trust |
63,000 70,350 30,000 10,000 29,410 4,167 1,323 46,090 |
38,000 30,000 15,000 20,000 10,000 14,833 42,127 |
|||
| 407,740 | 376,395 |
| 5. | RAISING FUNDS | ||||
|---|---|---|---|---|---|
| Raising donations | and legacies | ||||
| 2021 | 2020 | ||||
| Fund raising expenses | 172 | 827 | |||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 7) | note 8) | Totals | |||
| g | |||||
| Legal advice services | 489,314 | 489,314 | |||
| Support costs | 86,660 | 86,660 | |||
| 489,314 | 86,660 | 575,974 | |||
| 7. | DIRECT COSTSOF CHARITABLE ACTIVITIES | ||||
| 2021 | 2020 | ||||
| Staffcosts Recruitment Library |
462,204 655 386 |
339,626 862 43 |
|||
| Computer costs Subscriptions Professional indemnity Accreditation costs Practising certificates Cost drattsman Case billing |
2,115 2,390 1,547 4,964 2,387 8,243 4,423 |
1,691 3,356 1,547 1,215 2,487 4,188 5,002 |
|||
| 489,314 | 360,017 | ||||
| 8. | SUPPORT COSTS | ||||
| Governance | |||||
| Other I |
costs | Totals | |||
| Support costs | 69,805 | 16,855 | 86,660 |
| Other | |||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Support | Total | ||||||
| costs | activities | ||||||
| Rent &service charges | 35,621 | 31,839 | |||||
| Telephone Postage &stationery |
1,842 7,102 |
2,024 8,066 |
|||||
| Sundries | 251 | 1,811 | |||||
| Storage | 475 | 518 | |||||
| Volunteer &travel costs Advertising &publicity |
621 849 |
1,532 297 |
|||||
| Insurance | 903 | 649 | |||||
| Bank charges | 116 | 52 | |||||
| Professional | fees | 14,133 | 2,1260 | ||||
| Cleaning Amortisation Depreciation |
ofintangible fixed assets oftangible fixed assets |
1,899 2,525 3,468 |
156 2,525 2,696 |
||||
| 69,805 | 73,425 | ||||||
| Support costs, included | in | the above, are as follows: | |||||
| Governance | costs | ||||||
| 2021 | 2020 | ||||||
| Support | Total | ||||||
| costs | activities | ||||||
| Independent Bookkeeping |
examination | 5,300 11,555 |
g 5,013 6,508 |
||||
| 16,855 | 11,521 | ||||||
| 9. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is | stated after charging/(crediting): | |||||
| 2021 | 2020 | ||||||
| Depreciation Website costs |
- owned assets amortisation |
3,468 2,525 |
2,696 2,525 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| g | ||||
| Wages and salaries Social security costs Other pension costs |
412,709 35,367 14,128 |
304,652 25,297 9,677 |
||
| 462,204 | 339,626 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2021 | 2020 | |||
| Legal advisors | 8 | 8 | ||
| Administration | 3 | 3 |
| No employees received emoluments |
in excess off60,000. | ||||
|---|---|---|---|---|---|
| 12, | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | g | 6 | ||
| Donations and legacies |
19,965 | 19,965 | |||
| Charitable activities |
|||||
| Legal advice services | 150,186 | 356,141 | 506,327 | ||
| Total | 170,151 | 356,141 | 526,292 | ||
| EXPENDITURE ON | |||||
| Raising funds | 827 | 827 | |||
| Charitable activities |
|||||
| Legal advice services Support costs |
44,073 84,946 |
315,944 | 360,017 84,946 |
||
| Other | 28 | 28 | |||
| Total | 129,874 | 315,944 | 445,818 |
| for the year ended 30November 2021 | for the year ended 30November 2021 | for the year ended 30November 2021 | for the year ended 30November 2021 | |||
|---|---|---|---|---|---|---|
| 12. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | -continued | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| NET INCOME | 40,277 | 40,197 | 80,474 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 227,497 | 95,010 | 322,507 | ||
| TOTAL FUNDS CARRIED FORWARD | 267,774 | 135,207 | 402,981 | |||
| 13. | INTANGIBLE FIXEDASSETS | |||||
| Website | ||||||
| costs | ||||||
| COST | ||||||
| At I December 2020 and 30November | 2021 | 12,625 | ||||
| AMORTISATION | ||||||
| At 1 December 2020 Charge for year |
2,525 2,525 |
|||||
| At 30November 2021 |
5,050 | |||||
| NKT BOOK VALUE | ||||||
| At 30November 2021 | 7,575 | |||||
| At 30November 2020 | 10,100 | |||||
| 14. | TANGIBLE FIXEDASSETS | |||||
| Fixtures | ||||||
| and | Computer | |||||
| COST | fittings | equipment f |
Totals | |||
| At I December 2020 Additions |
1,891 250 |
11,590 3,606 |
13,481 3,856 |
|||
| At 30November 2021 |
2,141 | 15,196 | 17)337 | |||
| DEPRECIATION | ||||||
| At I December 2020 Charge for year |
830 429 |
3,019 3,039 |
3,849 3,468 |
|||
| At 30November 2021 |
1)259 | 6,058 | 7,317 | |||
| NKT BOOK VALUE | ||||||
| At 30November 2021 |
882 | 9,138 | 10,020 | |||
| At 30November 2020 |
1,061 | 8,571 | 9,632 |
| MARKET VALUE |
|---|
| Additions |
| NET BOOK VALUE |
| At 30November 2021 |
| At 30November 2020 |
| period (year ended 31 July 2021)wer | e: | ||||
|---|---|---|---|---|---|
| Class ofshares: Ordinary | '/v holding: | 100 | |||
| 2021 | 2020 | ||||
| I | |||||
| Aggregate capital and reserves (Loss)/profit for the year |
4,191 (3,143) |
||||
| 16. | WORK-IN-PROGRESS | ||||
| 2021 | 2020 | ||||
| 5 | |||||
| Work-in-progress | 207,704 | 186,718 | |||
| 17. | DEBTORS:AMOUNTS FALLING | DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| Legal aid and disbursements | |||||
| recoverable Amounts owed by group undertakings Other debtors VAT Prepayments Accrued income |
65,960 6,489 7,750 5,033 57,254 |
19,300 3,785 3,109 |
|||
| 142,486 | 26,194 |
| CREDITORS: AMOU | TS FA | LLING DUK WITH | IN ONK YEAR | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 5 | ||||||
| Trade creditors | 15,287 | 6,586 | ||||
| Social security and other | taxes | 11,457 | 6,481 | |||
| VAT | 280 | |||||
| Other creditors | 4,379 | |||||
| Pension | 1,840 | |||||
| Accrued expenses | 26,451 | 17,691 | ||||
| Deferred income | 123,137 | |||||
| 182,831 | 30,758 | |||||
| MOVEMKNT IN FUNDS | ||||||
| Net | ||||||
| At | movement | At | ||||
| 1.12.20 | in funds | 30.11.21 | ||||
| 5 | ||||||
| Unrestricted funds |
||||||
| General fund |
267,774 | 44,120 | 311)894 | |||
| Restricted funds |
||||||
| Meeting legal needs | 25,674 | (25,674) | ||||
| Improving legal provision |
and quality | 9,536 | (9,536) | |||
| Legal support sector sustainability | grant | 59,831 | (27,831) | 32,000 | ||
| Empower organisations LLSTbilling coordinator |
fund pilot project |
32,749 7,417 |
(16,249) (5,417) |
16,500 2,000 |
||
| Immigration caseworker |
sheAietd | |||||
| 20,833 | 20,833 | |||||
| Transform and innovation |
fund | 50,350 | 50,350 | |||
| 135,207 | (13,524) | 121,683 | ||||
| TOTAL FUNDS | 402,981 | 30,596 | 433,577 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources f |
expended 6 |
in funds f, |
|||||
| Unrestricted funds |
|||||||
| General fund | 229,002 | (184,882) | 44,120 | ||||
| Restricted funds |
|||||||
| Specialist legal advice | 39,300 | (39,300) | |||||
| Meeting legal needs | 44,013 | (69,687) | (25,674) | ||||
| Improving legal provision |
and quality | 37,087 | (46,623) | (9,536) | |||
| Justice first fellowship | 5,000 | (5,000) | |||||
| Legal support sector sustainability | grant | 28,000 | (55,831) | (27,831) | |||
| Empower organisations |
fund | 33,000 | (49,249) | (16,249) | |||
| Other | 30,000 | (30,000) | |||||
| Victims oftrafficking | fund | 10,000 | (10,000) | ||||
| LLSTbilling coordinator | pilot project | 36,090 | (41,507) | (5,417) | |||
| Pathways to settlement |
|||||||
| 29410 | (29410) | ||||||
| Immigration caseworker |
sheffield | ||||||
| 4,167 | 16,666 | 20,833 | |||||
| Strategic legal fund Specialist legal advice |
- Baring | 1,323 | (1,323) | ||||
| 30,000 | (30,000) | ||||||
| Transform and innovation |
fund | 50,350 | 50,350 | ||||
| 377,740 | (391,264) | (13,524) | |||||
| TOTAL FUNDS | 606,742 | (576,146) | 30,596 |
| Net | |||||||
|---|---|---|---|---|---|---|---|
| At | movement | At | |||||
| 1.12.19 | in funds | 30.11.20 | |||||
| f | 6 | 8 | |||||
| Unrestricted funds |
|||||||
| General fund | 227,497 | 40,277 | 267,774 | ||||
| Restricted funds |
|||||||
| Specialist legal advice | 38,300 | (38,300) | |||||
| Meeting legal needs | 25,674 | 25,674 | |||||
| Improving legal provision |
and quality | 14,536 | (5,000) | 9,536 | |||
| Legal support sector sustainability | grant | 59,831 | 59,831 | ||||
| Empower organisations | fund | 16,500 | 16,249 | 32,749 | |||
| LLSTbilling coordinator | pilot project | 7,417 | 7,417 | ||||
| 95,010 | 40,197 | 135,207 | |||||
| TOTALFUNDS | 322,507 | 80,474 | 402,981 | ||||
| Comparative net movement |
in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| 8 | |||||||
| Unrestricted funds |
|||||||
| General fund |
170,150 | (129,873) | 40,277 | ||||
| Restricted funds |
|||||||
| Specialist legal advice Improving legal provision and quality Legal support sector sustainability grant Empower organisations fund Other Delivery ofcharitable objects and core |
39,200 34,298 105,400 38,000 15,000 |
(77,500) (39,298) (45,569) (21,751) (15,000) |
(38,300) (5,000) 59,831 16,249 |
||||
| costs Victims oftrafficking fund LLSTfor london covid community |
20,000 10,000 |
(20,000) (10,000) |
|||||
| response LLSTbilling coordinator Pathways to settlement |
pilot project | 12,500 19,374 |
(12,500) (11,957) |
7,417 | |||
| Core costs and covid-19 support Equipment costs and covid-19 response |
14,833 20,000 |
(14,833) (20,000) |
|||||
| fund | 27,537 | (27,537) | |||||
| 356,142 | (315,945) | 40,197 | |||||
| TOTAL FUNDS | 526,292 | (445,818) | 80,474 |