HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) REPORT OFTHE MANAGEMENT COMMirrEE The trustees presenttheir report and financial statements for the year ended 31 March 2024. Legal Status: Hackney People First was established by a constitution on Ph April 2014 Alms: The aims of the organisation are: To support people with learning difficulties living or working in the London Borough of Hackney through services which enable people with learning diff iculties to obtain their full rights and privileges as citizens; The advancement of education and training of professionals, carers and the public about the needs of people with learning difficulties so people with learning difficulties mav achieve full participation in the community. To advance and promote the education of people with learning difficulties in self- advocacy. Work done in Hackney... As usual, we had our monthly Management Committee meetings. We stdlted uui weekly Speak Up pivjeLt funded by People's Health Trust. This two-year project will continue until end of March 2025. Continuation funding from the National Lottery has meant we have been able to continue running the Better Together Project to meet on a weekly basis to help reduce social isolation for adults with learning disabilities. Staff took part in Grant Assessments for the local authority We underwent an Organisational Health Assessment We have been involved in workshops to do with the local Equality Plan, preparations for local authority CQC inspettion, Council housing, various local 5trate8ies, fundraising, Co- production, and the Learning Disability Partnership Forum. We reviewed some important policies and procedures. Users were supported to attend a Campaigning workshop around Community Activism with Mencap. We have been able to give our views and opinions by getting involved in local consultations on the state of Socal NHS services, local authority Equality Plan, Supported Employment, East London Foundation Trust Annual Conference, the local Learnin8 Disability Strategy, and communicating with the council to improve local services. Charitable Incorporated Organisation: 1156543
(Cont.) We supported some beneficiaries with their utility bills during the cost-of-living crisis. Funding from the London Community Foundation to address the c05t-of-living crisis meant we could eat together as a group and enjoy weekend social events. which included a trip to Southend, A small group of our members continued to check easy-read documents. Some members received advocacy support around such things as mobile phone services, renewing freedom travel pass, signing up to 'priority register, for energy supplier, etc. Becoming a stronger or8anisation Hackney People First is staying strong in many ways. We continued to receive fundin8 from the National Lottery to continue the Better Together projett, plus funding from People's Health Trust for our two year Speak Up project. Funding from Broadgate Community Fund, via London Community Foundation, meant we could cover any shortfalls in our core-costs We got our new website up and running Two new people joined our group We changed the venue for our projects, which was more cost-effective. Plus, we were able to refer our beneficiaries to new courses run by the new venue provider DBS check for staff was renewed Staff attended Safe8uarding Awareness training We got excellent support from Inclusion London to become a stronger organisation by having an Organisational Health Assessment, which is an ongoing piece of work We continued to receive great support from the London Accountancy Practice (LAP) We will continue makin8 applications for fundin8 and get help from HCVS and Inclusion London around funding and becoming stronger. We would like to give a special thank you to Steve who has supported Hackney People First by giving very helpful advice and Input. Charitable Incorporated Organisation: 1156543
Statement of Trustees, Responsibilities Special Acknowledgement The trustees are grateful for all the support the organisation gets from the funders, individuals, and other community organisations. Their extended support made it possible for us to reach our present Stage of development. In particular we are very grateful to all our main Funders. The trustees acknowledge the contribution of the Director, staff, and volunteers, through their work, devotion and loyalty. Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of its results for that period. In pieparin8 those financial statements the trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent State whether the policies adopted are in accordance with the Charities SORP and with applicable accounting standards, subject to any material departures disclosed and explained In the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with relevant law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detettion of fraud or other irregularities. Review and Resufts The net movement in funds for the year amounted to -£13,056 compared with a surplus of £18,600 in the previous year. The retained reserves at 31st March 2024 amounted to £21,681. Balance Sheet Details of the major rtems on the balance sheet can be found in the notes to the accounts. The fluctuations in debtors and creditors year on year are purely the result of the timing of receipts and payment around the year-end. Charitable Incorporated Organisation: 1156543
REPORT OF THE MANAGEMENT COMMirrEE (continued) Reserve Policy The trustees review their reserve policy periodically and aim to retain an adequate sum to ensure the continurty of its activities. This is to ensure that in the event of a significant drop in funding, the charity will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. Risk Management The trustees have drawn up a risk register which provides dates and details of action to be taken to reduce the risks faced by the charity. The charity also purchases a range of insurances. Approved by the Management Committee on 20" November 2024 and signed on its behalf by Trustee (Chairperson) Trustee (Treasurer) Charitable Incorporated Organisation: 1156543
HACKNEY PEOPLE FIRST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NUMBER 1156543 LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE15 6JL
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MARCH 2024 CONTENTS PAGE ADMINISTRATIVE INFORMATION REPORT OF THE BOARD OF TRUSTEES INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS DETAILED INCOME AND EXPENDITURE ACCOUNTS 10
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) ADMINISTRATIVE INFORMATION AS AT 31 MARCH 2024 REGISTRATION DETAILS Hackney People First Is registered as a Charitable Incorporated Organisation in England and Wales - Registered Charity No.. 1156543. GOVERNING DOCUMENT Hackney People First Is govemed by Its Memorandum and Articles of Association and the Charities Act 2011. DIRECTORSI TRUSTEES Salih Hussein . ChairpeiSOI) Patricia Charlesworth. .Vice Chair Peter Allum.. .Treasurer Valerie Clery. .Secretary Anita Jacques......................Officer loracl Forest..... . Officer Steven Kyriacou. ..Officer FORMAL ADDRESS Hackney People First, 65 Dalston Lane London E8 2NG BANKERS Natwest Bank Hackney- Amhurst Road Branch 20 Amhurst Road London E8 1QZ INDEPENDENT EXAMINER London Accountancy Practice Sojourner Truth Centre 161 Sumiier Road London SE15 6JL
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) REPORT OF THE TRUSTEESIDIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 PRINCIPAL ACTIVITY The principal activities of the organisation continue to be: 1. To support people with learning difficulties living or working in the London Borough of Hackney through services which enable people with learning difficulties to obtain their full rights and privileges as citizen. 2. The advancement of education and training of professionals, carers and the public about the needs of people with learning difficulties so people with learning difficulties may achieve full participation in the community. 3 To advance and promote the education of people with leaming difficulties in self advocacy. DEVELOPMENTS AND ACHIEVEMENTS DURING THE YEAR (See Hackney People First separate Annual Report for more information) STATEMENT OF DIRECTORS, AND TRUSTEES, RESPONSIBILITIES Law applicable to incorporated Charities in England and Wales requires the trustees, who are also the dirgctors of the Organisation: to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the trustees are required to.. select suitable accountinq policies and apply them consistently; make judgements and estimates that are reasonable and prudent., state whether applicable standards and statement of recommended practice havc bccn follokvcd, subjcct to any maicrial dcparturcs disclosed and explained in the financial statemenls; and prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the project will continue In operation. The directors are responsible for keeping proper accounting records which disclose at any time the financial position of the Company. They are also responsible for safe guarding the assets of the Company and hence for taking reasonable steps for the pieveiilioii and detection of fraud aiid olliei irreyul<AiiIivb. Sign..... Secretary Date. '.Y/06120l(k ', ic nlors,
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) REPORT OF THE DIRECTORSI TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW The results of the year's operation are set out in the attached financial statements. "I"he net movement In tunds tor the year amounted to -L13,Ub(i compared with a surplus of £18,600 in the previous year. The retained reserves at 31st March 2024 amounted to £21,681. The retained reserves above includes unrestricted (General) fund of £9.218. The trustees have been aware of the need to comply with good practice guidelines issued by the Charity Commission on free reserves and Hackney People First policy is included in the notes to the accounts. RESERVE POLICY The Charity Commission requires charities to determine and explain their policy for free reserves. The trustees have reviewed its free reserve policy and have turned its entire unrestricted fund into an emergency reserve to enable HACKNEY PEOPLE riRST to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure. The organisation requires at least 3 months, operating costs which amounts £19,314 based on this year's expenditure. RISK MANAGEMENT The trustees have examined the major risk which HALKNEY PEUPLE FIRS'I. taces and believe that maintaining our free reserves at a reasonable level, combined with our annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which we face and confirm that they have established bysteiiib tu iiiitiyale tlie siynificanl i isks. TANGIBLE FIXED ASSETS The Organisation does not have fixed assets. FUNDS AVAILABLE The present level of funding is adequate to support the continuation of the charity operations for the medium term, and the trustees consider the financial position of the charity to be satisfactory. VOLUNTEERS HACKNEY PEOPLE FIRST recognises the significant contributions made by volunteers.
HACKNEY PEOPLE FIRST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND DIRECTORS I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages I to 8. Respective responsibilities of trustees and examiner The trustees (who are also. the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) cf the 2011 Act; and to state whether particular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission An examination includes a review of the accoLinting renords kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekin9 explanations from you as trustees concerning any such matters. Th& procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examinerfs ststement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordan with section 386 of the Companies Act 20n6: and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met.. or (2) to which, in my opinion, attenlion should be drawn in order to enable a proper understanding of the accounts to be reached. Ade Aeba. London Accou tancy Practice 161 Sumner Road London SE15 6JL MA, ACG
HACKNEY PEOPLE FIRST STA TEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted Fund Fund 2024 Total 2023 Total Incoming Resources Giants Donations and legacies 1.845 62,357 64.202 72.911 Total Incoming Resources 1,845 62,357 64,202 72,911 Costs of generating funds: Charitable activities 3.888 73.370 77.258 Total Resources Expended 3,888 73,370 77,258 54,311 Net Incoming Resources -2 043 -11.013 -13,056 18.600 Balances brought forward 11,261 23,476 34,737 16,137 Fund balances carried forward 9,218 12,463 21,681 34.737
HACKNEY PEOPLE FIRST BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 CURRENT ASSETS Cash ai Bank Cash al hand 22,086 35.207 22,206 35.212 CURRENT LIABILITIES Credilols and Accruals 525 475 21,681 34,737 REPRESENTED BY: FUNDS". Unieslricied Restricted 9,218 12.4b3 11261 23 476 21,681 34.737 Approved bv the Klanagemenl Committee on (?.... and signed on Ils behalf bv. 2024 Sign s, rtussLT Chair Sa5ih Hussein Sign Treasurer Peier Allum
HACKNEY PEOPLE FIRST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1. ACCOUNTING POLICIES Basis ot preparation ot Financial Ststements The financial statements are prepared under the historic cost convention and include the results of the charitv's operations which are described in the report of the directors Itrustees all of which are continuing. Ti 1¢ ¢IUl1[l i l<aV¥ U¥¥II PI ¢P&ll eu ill d1 U'dllLg wiiii iiie aidieiiieiilb L)[ Recommended Practice for charity accounts. The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements to produce a cash flow statement on the 1.2 Incoming Resources 1.2.1 Revenue grants are credited to the Statement of Financial Activilies on the .ArliAr dAtp. nf whp.n thAy ArA rp.e.pivpd nr whp.n thp.v Arp. rp.r.PlVAhlp. I Inlp.s.q thpv relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period. 1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities. Restricted Funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs. Kiiii¥biiiGivu ruiiu Unrestricted funds are donations and other incomes received or generated for the objects of the organisation without further specified purpose and are available for general funds. 1.5 Dcsignatcd Funds Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes. 1.6 Resources Expended All pxnpnditi Irp is 2rr.niintp.d fnr nn an arr.riixlq haqiq And haq hppn inr.Iiidp.d under expense categories that aggregate all costs for allocation to activities. 2.0 CREDITORS & ACCRUALS 2024 2023
Accountancy Fees HACKNEY PEOPLE FIRST DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 525 475 INCOMING RESOURCES Unrestricted Restricted Fund Fund Total 2024 Total 2023 Grants, legacies and donations Naiional Lonerv Conimunily Fupd-RC London and SoLrth Easi Region HCVS Workshop E N Bloom London Community Foundalion LB Hackney. Sageguarding evenl Donations- Heatlh lilaich Hacknev People's Hearth Tiusi Donalion-people s Heatth Trust The Open Universilv.I,VorkshOP Donaiions.Skills for Cale Totsl Incoming Resources 50.000 50.000 50,000 523 1840 10.000 1.360 1360 5,000 180 8.828 7.357 7357 100 25 360 64,202 100 25 360 1,845 990 72.911 62,357 OUTGOING RESOURCES Advocacy Co-ordinator HMRC Room Bookings Pensions staff Travel DBS Check Telephone & Internel Social aciivilies Certficaies Website Development Website-1&1 Iniernet Web Hosling Social activities Energv Support Posiage & siaiionery Ulililies off Ice Project Equipmeni Off Ice software Zoom Nleeiings Membeis Travel Pavroll Services Accounlancv Fees Insurance Sundtv Expenses TOTAL RESOURCES EXPENDED 38.567 17976 5770 8.762 32.031 17.976 5.770 8.762 509 62 268 470 3.070 430 509 62 161) 281 23 1.800 1.800 19 29 19 29 573 600 50 639 147 600 50 639 147 53 599 20 12 144 142 357 105 362 362 496 496 392 2 28ti 54.311 3.888 73.370 77,258 10
HACKNEY PEOPLE FIRST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NUMBER 1156543 LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE15 6JL
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) YEAR ENDED 31 MARCH 2024 CONTENTS PAGE ADMINISTRATIVE INFORMATION REPORT OF THE BOARD OF TRUSTEES INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS DETAILED INCOME AND EXPENDITURE ACCOUNTS 10
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) ADMINISTRATIVE INFORMATION AS AT 31 MARCH 2024 REGISTRATION DETAILS Hackney People First Is registered as a Charitable Incorporated Organisation in England and Wales - Registered Charity No.. 1156543. GOVERNING DOCUMENT Hackney People First Is govemed by Its Memorandum and Articles of Association and the Charities Act 2011. DIRECTORSI TRUSTEES Salih Hussein . ChairpeiSOI) Patricia Charlesworth. .Vice Chair Peter Allum.. .Treasurer Valerie Clery. .Secretary Anita Jacques......................Officer loracl Forest..... . Officer Steven Kyriacou. ..Officer FORMAL ADDRESS Hackney People First, 65 Dalston Lane London E8 2NG BANKERS Natwest Bank Hackney- Amhurst Road Branch 20 Amhurst Road London E8 1QZ INDEPENDENT EXAMINER London Accountancy Practice Sojourner Truth Centre 161 Sumiier Road London SE15 6JL
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) REPORT OF THE TRUSTEESIDIRECTORS FOR THE YEAR ENDED 31 MARCH 2024 PRINCIPAL ACTIVITY The principal activities of the organisation continue to be: 1. To support people with learning difficulties living or working in the London Borough of Hackney through services which enable people with learning difficulties to obtain their full rights and privileges as citizen. 2. The advancement of education and training of professionals, carers and the public about the needs of people with learning difficulties so people with learning difficulties may achieve full participation in the community. 3 To advance and promote the education of people with leaming difficulties in self advocacy. DEVELOPMENTS AND ACHIEVEMENTS DURING THE YEAR (See Hackney People First separate Annual Report for more information) STATEMENT OF DIRECTORS, AND TRUSTEES, RESPONSIBILITIES Law applicable to incorporated Charities in England and Wales requires the trustees, who are also the dirgctors of the Organisation: to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the trustees are required to.. select suitable accountinq policies and apply them consistently; make judgements and estimates that are reasonable and prudent., state whether applicable standards and statement of recommended practice havc bccn follokvcd, subjcct to any maicrial dcparturcs disclosed and explained in the financial statemenls; and prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the project will continue In operation. The directors are responsible for keeping proper accounting records which disclose at any time the financial position of the Company. They are also responsible for safe guarding the assets of the Company and hence for taking reasonable steps for the pieveiilioii and detection of fraud aiid olliei irreyul<AiiIivb. Sign..... Secretary Date. '.Y/06120l(k ', ic nlors,
HACKNEY PEOPLE FIRST (CHARITABLE INCORPORATED ORGANISATION) REPORT OF THE DIRECTORSI TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW The results of the year's operation are set out in the attached financial statements. "I"he net movement In tunds tor the year amounted to -L13,Ub(i compared with a surplus of £18,600 in the previous year. The retained reserves at 31st March 2024 amounted to £21,681. The retained reserves above includes unrestricted (General) fund of £9.218. The trustees have been aware of the need to comply with good practice guidelines issued by the Charity Commission on free reserves and Hackney People First policy is included in the notes to the accounts. RESERVE POLICY The Charity Commission requires charities to determine and explain their policy for free reserves. The trustees have reviewed its free reserve policy and have turned its entire unrestricted fund into an emergency reserve to enable HACKNEY PEOPLE riRST to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure. The organisation requires at least 3 months, operating costs which amounts £19,314 based on this year's expenditure. RISK MANAGEMENT The trustees have examined the major risk which HALKNEY PEUPLE FIRS'I. taces and believe that maintaining our free reserves at a reasonable level, combined with our annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which we face and confirm that they have established bysteiiib tu iiiitiyale tlie siynificanl i isks. TANGIBLE FIXED ASSETS The Organisation does not have fixed assets. FUNDS AVAILABLE The present level of funding is adequate to support the continuation of the charity operations for the medium term, and the trustees consider the financial position of the charity to be satisfactory. VOLUNTEERS HACKNEY PEOPLE FIRST recognises the significant contributions made by volunteers.
HACKNEY PEOPLE FIRST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND DIRECTORS I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages I to 8. Respective responsibilities of trustees and examiner The trustees (who are also. the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) cf the 2011 Act; and to state whether particular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission An examination includes a review of the accoLinting renords kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekin9 explanations from you as trustees concerning any such matters. Th& procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examinerfs ststement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordan with section 386 of the Companies Act 20n6: and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met.. or (2) to which, in my opinion, attenlion should be drawn in order to enable a proper understanding of the accounts to be reached. Ade Aeba. London Accou tancy Practice 161 Sumner Road London SE15 6JL MA, ACG
HACKNEY PEOPLE FIRST STA TEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted Fund Fund 2024 Total 2023 Total Incoming Resources Giants Donations and legacies 1.845 62,357 64.202 72.911 Total Incoming Resources 1,845 62,357 64,202 72,911 Costs of generating funds: Charitable activities 3.888 73.370 77.258 Total Resources Expended 3,888 73,370 77,258 54,311 Net Incoming Resources -2 043 -11.013 -13,056 18.600 Balances brought forward 11,261 23,476 34,737 16,137 Fund balances carried forward 9,218 12,463 21,681 34.737
HACKNEY PEOPLE FIRST BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 CURRENT ASSETS Cash ai Bank Cash al hand 22,086 35.207 22,206 35.212 CURRENT LIABILITIES Credilols and Accruals 525 475 21,681 34,737 REPRESENTED BY: FUNDS". Unieslricied Restricted 9,218 12.4b3 11261 23 476 21,681 34.737 Approved bv the Klanagemenl Committee on (?.... and signed on Ils behalf bv. 2024 Sign s, rtussLT Chair Sa5ih Hussein Sign Treasurer Peier Allum
HACKNEY PEOPLE FIRST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1. ACCOUNTING POLICIES Basis ot preparation ot Financial Ststements The financial statements are prepared under the historic cost convention and include the results of the charitv's operations which are described in the report of the directors Itrustees all of which are continuing. Ti 1¢ ¢IUl1[l i l<aV¥ U¥¥II PI ¢P&ll eu ill d1 U'dllLg wiiii iiie aidieiiieiilb L)[ Recommended Practice for charity accounts. The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements to produce a cash flow statement on the 1.2 Incoming Resources 1.2.1 Revenue grants are credited to the Statement of Financial Activilies on the .ArliAr dAtp. nf whp.n thAy ArA rp.e.pivpd nr whp.n thp.v Arp. rp.r.PlVAhlp. I Inlp.s.q thpv relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period. 1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities. Restricted Funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs. Kiiii¥biiiGivu ruiiu Unrestricted funds are donations and other incomes received or generated for the objects of the organisation without further specified purpose and are available for general funds. 1.5 Dcsignatcd Funds Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes. 1.6 Resources Expended All pxnpnditi Irp is 2rr.niintp.d fnr nn an arr.riixlq haqiq And haq hppn inr.Iiidp.d under expense categories that aggregate all costs for allocation to activities. 2.0 CREDITORS & ACCRUALS 2024 2023
Accountancy Fees HACKNEY PEOPLE FIRST DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 525 475 INCOMING RESOURCES Unrestricted Restricted Fund Fund Total 2024 Total 2023 Grants, legacies and donations Naiional Lonerv Conimunily Fupd-RC London and SoLrth Easi Region HCVS Workshop E N Bloom London Community Foundalion LB Hackney. Sageguarding evenl Donations- Heatlh lilaich Hacknev People's Hearth Tiusi Donalion-people s Heatth Trust The Open Universilv.I,VorkshOP Donaiions.Skills for Cale Totsl Incoming Resources 50.000 50.000 50,000 523 1840 10.000 1.360 1360 5,000 180 8.828 7.357 7357 100 25 360 64,202 100 25 360 1,845 990 72.911 62,357 OUTGOING RESOURCES Advocacy Co-ordinator HMRC Room Bookings Pensions staff Travel DBS Check Telephone & Internel Social aciivilies Certficaies Website Development Website-1&1 Iniernet Web Hosling Social activities Energv Support Posiage & siaiionery Ulililies off Ice Project Equipmeni Off Ice software Zoom Nleeiings Membeis Travel Pavroll Services Accounlancv Fees Insurance Sundtv Expenses TOTAL RESOURCES EXPENDED 38.567 17976 5770 8.762 32.031 17.976 5.770 8.762 509 62 268 470 3.070 430 509 62 161) 281 23 1.800 1.800 19 29 19 29 573 600 50 639 147 600 50 639 147 53 599 20 12 144 142 357 105 362 362 496 496 392 2 28ti 54.311 3.888 73.370 77,258 10