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||||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|
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|||||||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|
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||||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|
##
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|||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|
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|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|
##
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##
||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|
##
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||||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|
##
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##
|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|
##
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##
||||||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|
##
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