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2023-06-30-accounts

Page
Report ofthe Trustees 1 to 11
Independent
Examiner's		 Report 12 to 13
Statement
ofFinancial Actlvttles		 14
Balance Sheet 15 to 16
Cash Flow Statement 17
Notes to the Cash Flow Statement 18
Notes to the Financial Statements 19 to 27
Oetaged Statement ofFlnanclal Actlvltles 28 to 29

2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes E E f 2
INCOME AND ENDOWINENTS FROM
Donations
and legacies		 2 677,314 11$,097 790,411 570,784
EXPENDITURE ON
Charitable
actlvltles
Charitable
actlvltles		 640,213 84,033732,240 021,444
NET INCOME/(EXPENDITURE) 29,101 29,064 58,105 (SD,600)
Transfers between
funds		 13 (1) 1
Net movement
In funds		 29,100 29,005 58,165 (50,600)
RECONCILIATION
OF FUNDS
Total funds brought forward 369,505 25~2 394,907 445,047
TOTAL FUNDS CARRIED FORWARD 390,005 54,547 453,152 394,087

202S 2022
Unrestricted Restricted Total Total
fund funds funds funds
Notes E E 2 E
FIXED ASSETS
Tangible assets 10 10,499 11,498 10,055
CURIIENT ASSETS
Debtors		 11 62,003 62,00352,324
Cash at bank $76,801 5$,550 430,351 $57,174
438,804 53,550 492,354 409,498
CREDITORS
Amounts
falgng due within one year		 12 (50,899) (1) (50,700) (24,566)
NET CURRENT ASSETS $88,105 SS,549 441,654 384,932
TOTAL ASSETS LESSCURRENT UABILITIES $98,804 54,548 45$,152 S94,S87
NET ASSETS 398,604 54,548 453,152 394,987
FUNDS 13
Unrestricted
funds		 $98,604 369,505
Ilestrlcted
funds		 54,548 25~2
TOTAL FUNDS 45$,152 394,987

2023
Notes 2
Cash flows from operating activities
Cash generated
from operations		 1 77,821 (47,148)
Net cash provided
by/(used		 In) operating activities 77,821 (47,148)
Cash flows from Investing activities
Purchase of tangible
fixed		 assets (4,644) (7,085)
Net cash used In Investing activities (4,644) (7,095)
Change
In cash and cash equivalents		 In
the reporting
period		 73,177 (54,243)
Gash and cash equivalents at the
beginning
ofthe reporting		 period 357,174 411,417
Cash and cash equivalents at the end
ofthe reporting
period		 430,351 357,174

RECONCILIATION
OF NET I
ACTIVITIES		 NCOME/(EXPENDI TURE)
TO NET GASH FLO		 W FROM OPERATIN G
2028 2022
f E
Net Income/(expenditure) for the reporting period (asper the
Statement of Financial Activities) 55,165 (50,660)
Ad)ustments
for:
Depreciation
charges		 8,201 2,4$3
Increase In debtors (0,676) (2,715)
Increase In creditors 25,184 8,764
Net cash provided
by/(used		 In) operations 77,521 (47,146)

At 1.7.22 Cash flow At 30.6.2$
2 E 2
Net cash
Cash at bank 857,174 78,177 4$0,351
S57,174 73,177 480,851
Total 357,174 7$,177 430,351

Government grants of a revenue of a revenue nature are credited to Income so as to match them with
the
expenditure to which they relate.
DONATIONS AND LEGACIES
2023 2022
E f
Donations 530,870 450,818
Gift aid 59~2 49,966
Grants 200,139 70,000
790,411 570,784
Grants received, Included In the above, are asfollows:
2023 2022
E E
Grants 2M,139 70,000

forthe Year Ended $ 0June 202$
3. CHARITABLE ACTMTIES COSTS
Direct Support
Costs (see costs (see
note 4) note 5) Totals
E E E
Charitable
actlvltles		 696,993 36,263 732,246
4. DIRECT COSTS OF CHARITABLE ACTIVITIES
2023 2022
2 E
Staff costs 482,156 S99,075
Rent and rates 21,730 22,3$7
Insurance 2,427 676
Telephone 2,514 1,95$
Postage, stationery and printing of materials 17,171 16,818
Service support 9,792
Staff tralnlng 4,SDB 9,252
Subscrlptlons 987 206
Office 3231 20,259
ITcosts 45,5N 52,091
Travel 16,238 6,709
DBSchecks 9$6 1,946
Event costs 21,903 15,477
Consultancy 31,934 34,659
Hospltallty 3,174 1,925
Recruitment costs $8,505
Vouchers 1,020
Donations 59
Depreclatlon 3,2N 2WS
696,993 595,608

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
E E E
INCOME AHD ENDOWMENTS FROM
Donations and legacies 525,784 45,000 570,784
EXPENDITURE ON
Charitable act(vlf(as
Charitable
actlvltles		 582,310 39,134 621,444
NET INCOME/(EXPENDITURE) (58,528) 5,866 (50,660)
Transfers between funds (10) 10
Net movement
In		 funds (56,536) 5,878 (50,850)
RECOHCIUATION OF FUNDS
Total funds brought forward 426,041 19,606 445,647
TOTAL FUNDS CARRIED FORWARD 369,505 25)$2 S94,987
10. TANGIBLE FIXEDASSETS
Offlce
equipment
E
COST
At 1 July 2022 14,996
Additions 4,644
At30June 202S 19,640
DEPRECIATION
At 1 July 2022 4,941
Charge for year 3,201
At 30June 202S 8,142
NET BOOK VALUE
At 30June 2023 11,498
At SDJune 2022 10,055

11, DEBTORS:AMOUNTS DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
2023 2022
E E
Other debtors 59,702 50,466
Prepayments
and accrued Income		 2,301 1,858
62,003 52,S24
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E 2
Social security and other taxes 18,551 9,798
Other creditors 1,884 1,749
Accruab and deferred Income S0,265 13,019
50,700
13. MOVEMENT
IN FUNDS
Net Transflmi
movement between At
At1.7.22 In funds funds S0.8,2S
E E f E
Unrestricted
funds
General fund 369,605 29,100 (1) S98,604
Restricted funds
Postcode Lottery 4,127 (4,127)
John Lyon's Charity 11,S55 (2,496) 8,859
Creative Mentorlng In Westminster 10,000 (10,001)
Sarah Chamberlain &Tom Curtb 12,387 12,387
Dr Martens Foundation 5,920 5,920
Youth Collective 2,382 2,382
The Portal Trust 25,000 25,000
25,482 29,065 1 54,548
TOTAL FUNDS S94,987 58,165 453,152

Incoming Resources Movement
resources expended In funds
E E E
Unrestricted
funds
General fund 677,314 (648,214) 29,100
Restricted funds
Postcode Lottery 1 (4,128) (4,127)
John Lyon's Charity 25,000 (27896) (2rl96)
Creative Mentorlng In Westminster (10,001) (10,001)
Sarah Chamberlain &Tom Curtis 45,075 (32,588) 12,387
Dr Martens Foundation 15,639 (9,719) 5,920
Youth Cogectlve 2,382 2,382
The Portal Trust 25,000 25,000
113,097 (84,032) 29,065
TOTALFUNDS 790,411 (732,246) 58,165
Comparatlves
for		 movement In funds
Net Translers
movement between At
At 1.7.21 In funds funds S0.6.22
E E E E
Unrestricted
funds
General fund 426,041 (56,526) (10) 369,505
Restricted funds
Magenta
LMng		 (2)
Postcode Neighbourhood Trust 18,406 (14,279) 4,127
Glrdlers Trust 1,200 (1,208)
John Lyon's Charity 11,355 11,355
Creative Mentorlng In Westminster 10,000 10,000
19,806 5,866 10 25,482
TOTAL FUNDS 445,647 (50,660) 394,987

Incoming Itesources Movement
resources expended In funds
2 f E
Unrestricted
funds
General fund 525,784 (582,310) (56,526)
Restricted funds
Magenta
Lhrlng		 10,000 (10,002) (2)
Postcode Neighbourhood Trust (14,276) (14,279)
Glrdlers Trust (1,208) (1,208)
John Lyon's Charity 25,000 (13,645) 11,355
Creative Mentorlng In Westminster 10,000 10,000
45,000 (39,134) 5,866
TOTAL FUNDS 570,784 (621,444) (50,660)

for the Year Ended 30 June 2023
2023 2022
2 2
INCOME AND ENDOWMENTS
Donations and legacies
Donations 530,870 450,818
Gift aid 59,402 49,066
Grants 200,189 70,000
790,411 570,784
Total Incoming resources 700311 570,784
EXPENDITURE
Charitable
activities
Wages 487,258 350,197
Social security $5,401 32,094
Superannuation 0,437 8,184
Rent and rates 21,780 22,$37
Insurance 2427 676
Telephone 2,514 1,958
Postage, stationery and printing of
materhrh 17,171 16,018
Service support 9,792
Staff training 4,308 9,252
Subscrlptlons 987 206
Office 8231 20,259
ITcosts 45,501 52,091
Travel 10,230 0,709
DBSchecks 9S6 1,940
Event costs 21,908 15J77
Consultancy 81,934 34,059
Hospitality 8,174 1,925
Recruitment costs $8,505
Vouchers 1,020
Donations 59
Office equipment $,201 2,483
SSS,003 595,608

Detailed Statement of Flnanclal ActMtlcs
for the Year Ended 80June 2028
2028 2022
E
Support costs
Finance
Bank charges 5,507 4,730
Governance costs
Governance 20,060 21,000
Total resources expended 702,240 021,444
Net Income/(expenditure) 50,105 (50,000)