2022-03-31-accounts - Sustainable Merton

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1156639

`REPORT OF THE TRUSTEES AND`

`FINANCIAL STATEMENTS`

FOR THE YEAR ENDED 31 MARCH 2022

`FOR`

`SUSTAINABLE MERTON`

Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

SUSTAINABLE MERTON

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

		`Page`
`Report of the Trustees`	`1`	`to`	`7`
`Independent Examiner's Report`		`8`
`Statement of Financial Activities`		`9`
`Balance Sheet`		`10`
`Notes to the Financial Statements`	`11`	`to`	`14`

SUSTAINABLE MERTON

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March2022. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

SustainableMertonisacommunityledinitiativegivinglocalresidents,communityorganisationsandbusinesses the
opportunitytostimulatepracticalactiontomakeourareaasustainablecommunity.Thethinkingbehindthisis simply
thataboroughusingenergyandresourcesinasustainablewaycould,ifwellplannedanddesigned,bemore resilient,
more abundant and more pleasurable than at present.

Thecharitablepurposesofthecharityassetoutinitsgoverningdocumentaretopromoteforthebenefitofthepublic in
and around the London Borough of Merton:

(a) the conservation, protection and improvement of the environment, in particular but not exclusively, by
encouraging the prudent use of natural resources, and raising awareness of environmental issues;
(b) the advancement of education of the public in the subject of sustainable development, in particular, but not
exclusively by raising awareness of the issues associated with peak oil and climate change and the consequent need to develop a low carbon, sustainable future.

-1-

SUSTAINABLE MERTON

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022`

`OBJECTIVES AND ACTIVITIES`

`Significant activities`

A summary of the significant activities in the year is presented below

SustainableMerton'sCommunityChampionsprojectisthefoundationofourworkaddressingairquality,energy, waste,
foodandgrowingspaces,andissupportedbyvolunteerscalledCommunityChampions.Ourworkinthisareais funded
by the London Borough of Merton's Neighbourhood Fund.

`Sustainable Merton's Community Fridge`

OurCommunityFridgereducesfoodwastage(whichinturnwouldproducegreenhousegasemissionscontributingto the
climateemergency)andbenefitslocalresidents,whoarefoodinsecure.Wealsocoordinate'Merton'sFood Poverty
ResponseNetwork'andPlanonbehalfofMertonCounciland,throughanumberoffundingstreams,workwith partner
organisations to collect surplus food from businesses and redistribute it to those living in food insecurity.
WeundertookaGardeningprojectattheCommunityFridgetobuildasenseofcommunityamongstthe Community
Fridgeusersandteachthemnewskills.GrantfundingduringtheyearcamefromLondonBoroughofMerton, Merton
Giving,theLondonCommunityFundandWimbledonFoundation,theLondonCommunityResponseFundand the
People's Postcode Lottery.

PhippsBridgeCommunityAllotmentandMitchamCommunityOrchardandGardenprovideopportunities for
local residents to work together, benefiting from social interaction, exercise and gaining horticultural knowledge.

MertonresidentshavebenefitedfromcleanerstreetsandabetterfinancialreturnontheirrecyclingthroughtheHubbub
Recycling on the go project.

ProjectPre-Loved,fundedbyMertonGiving,providedopportunitiesforlocalresidentsintheunder-servedEastof the
Borough to gain pra ctical, financial and social benefits from learning textile skills.

OurLovingEarthproject,fundedbyMertonGiving,involvedthecommunityindemonstratingtheircreativeskills by
creating tapestries and artwork during Covid, allowing them to share their passion for the environment.

TheWheelProject,fundedbytheMertonNeighbourhoodFundaspartoftheCouncil'sClimateActionPlan, which
supportswasteminimisationandthecirculareconomy,beganpreparationsforitsformallaunchintheautumn2022. The
aimistoencouragenetworkingandbuildcapacityinwasteminimisationandupcyclingprojectsacrossthe borough,
reducing waste and carbon footprints of local businesses, while increasing business opportunities.

SustainableMertondevotedfundingawardedforcapacitybuildingbytheNationalLotterytoimproveourpolicies and
procedures.Anewfinancialsystemwasintroducedtoenablethecharitytomanageandcontrolrestrictedgrant funding
andanewin-housefinanceteamwasrecruitedinSeptember2021tomanageourfinances.AnewTreasurer with
financialexpertisewasrecruitedduring2022.IntermsofHR,allstaffJobTitlesandJobDescriptionswerereviewed to
betterreflectthelevelofworkandactualworkbeingdoneandtosupportretention.Salarycomparisonswith comparable
jobs in the charity sector resulted in pay increases for all staff including the CEO.

WorkonanEmployeeHandbookstartedinadditiontotherevisionandcreationofastandardemploymentcontract, data
protectionpolicy,andgrievanceanddisciplinarypolicy.AdditionalstaffwererecruitedinJanuary2022(Growing Spaces
Coordinator,CommunicationsandOfficeAssistant)andthepart-timepostofCommunityChampionsProject Manager
became a full-time post from August 2021.

All our policies were reviewed and brought up to date.

`Public benefit`

InplanningtheactivitiesofthecharitythetrusteeshavehadregardtotheguidanceoftheCharityCommission with
regard to public benefit.

-2-

SUSTAINABLE MERTON

`REPORT OF THE TRUSTEES`

`FOR THE YEAR ENDED 31 MARCH 2022`

`OBJECTIVES AND ACTIVITIES`

`Volunteers`

Withoutitsvolunteers,whowecallCommunityChampions,SustainableMertoncouldnotachieveallthatitdoes. Our
CommunityChampionsembracethosewecallourFridgeFriendsandourGrowingSpacesvolunteers.Thetotal number
ofCommunityChampionsincreasedfrom145inJanuary2021to222inJanuary2022.BetweenJanuary2021 and
January 2022 volunteer hours increased by 76%, from 2955 hours to 5212 hours.

SustainableMertonisgratefultotheretiringvolunteerTreasurerSueMcGhie(notaTrustee)whostooddown in
September2021after4yearsofservice,throughaperiodoftimewherethecharityhasgrownverysubstantially, with
increasing financial complexities, including managing payroll, restricted grant funding and supplier contracts.

-3-

SUSTAINABLE MERTON

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022

`ACHIEVEMENT AND PERFORMANCE`

`Charitable activities`

TheworkofSustainableMertonwasrecognisedthroughtheRunnerUpawardintheBreakthroughCharityOf the
Year category in the Merton Best Business Awards.

ThenumberofCommunityChampionsengagedinSustainableMerton'sactivitiesgrew53%betweenJan2021and Jan
2022 (from 145 to 222).

`FOOD`

SustainableMertonco-ordinatedMertonCouncil'sFoodPovertyResponseNetworkandtheongoingdevelopment of
theborough'sFoodPovertyActionPlan.ThemajorpartofthisinvolvedMerton'sCommunityFridgeNetwork.
ThemodelofoperationfortheCommunityFridgeNetworkwasdevelopedbySustainableMerton,whoholdthe funding
forthepartnersinthenetwork,includingThePolishFamiliesAssociation,CommonsideDevelopmentTrustand Merton
Community Transport.

SustainableMerton'sCommunityFridgeisrunfromMordenBaptistChurchandwasopentwiceaweekto residents
sufferingfoodinsecurity(noformalreferralneeded).ThenumberofuniquehouseholdsusingtheFridgeduringthe year
totalled 1051, with visit numbers per  month rising from 148 to 306 between April 2021 and March
2022.Over13,150kgoffoodwasdonated,withthenumberoflocalbusinessesregularlydonatingrisingfrom3to 9
acrosstheyear,inadditiontoFareshareandtheFelixProjectaswellasnationalretailers.Ateamofvolunteers worked
in shifts to collect food donations and run the fridge, contributing a total of 1727 hours.

Anon-siteCommunityGardenforCommunityFridgeusers,wasestablished,withfundingfromSustainable Food
Places,andsessionswererunbyapaidsessionalgardener.Wealsoundertookamappingprojectofcommunity growing
spacesfundedbySustainableFoodPlacesinordertolinkthemtoourCommunityFridgeNetworkwhenharvesting their
produce.

`Growing Spaces`

MonthlyActionDaysatMitchamCommunityOrchardandGardenenabledsomelargerscalepiecesofworkto be
undertaken,beyondthescopeoftheregularmaintenanceandimprovementworkattheorchard.TheOrchard also
hostedtheIntergenerationalFoodGrowingProjectfundedbyClarionHousingwhichbringstogetherolderand younger
local people to grow and cook together.

TwiceweeklysessionsatPhippsBridgeCommunityAllotmentcontinued,wherealmostthreequartersofatonne of
produce was harvested and shared amongst the volunteers or donated to the Community Fridge.

InMarch2022fundingfromMertonCouncilwasapprovedforMertonGardenStreets,toberunfrom1stAprilas part
oftheCouncil'sClimateChangeActionPlan,andaimingtoimprovebiodiversitybyplantinguptreepitsandgrass verges,
reducelikelihoodofflashfloodsbyde-pavingandplantingupfrontgardens,andencouragingneighbourstoget engaged
in their communities.

`ENERGY`

AnEnergyEfficiencyHandbookwaspublishedSept2021andsharedwiththecommunity,includingataPop-up Energy
Saving event.

`AIR QUALITY`

An Air Quality Handbook  was published May 2021 and shared in the wider community via various channels.

24bikesweredonatedtotheBikeProject(acharitywhichprovidesrefugeeswithbikes)aspartofCleanAirDayon 17
Junewithapop-updonationpointoutsidetheoffice,supportingSustainableMerton'sworkonbothAirQualityand
Waste.

SustainableMertoncontinuedtochairtheEnvironmentalSubGroup&AirQualityActionPlanGroup, (reporting
totheborough-wideMertonPartnership)whichaimstocoordinateenvironmentalandairqualityactivityacross the
borough, benefiting those who live, work and study in Merton.

SustainableMertonalsoworkedwiththeCouncil'sAirQualityteam,withvolunteersundertakingairqualitymonitoring as
part of our citizen's science project.

We also continued to care for 18 trees with Clarion Housing  as part of the High Path regeneration project.

-4-

SUSTAINABLE MERTON

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022

`WASTE`

SustainableMertonpartneredthenationalcharityHubbubtodeliverRecyclingontheGo,workingalsowith Merton
Council,withaparticularfocusontheperiodoftheWimbledonTennisChampionshipsinJuly2021.24newbins with
separaterecyclingcontainerswereinstalledinthetown.Bytheendofthecampaign,9in10plasticbottlesand cans
endedupinrecyclingcomparedtoonly1in2atthestart.Thesubsequentlackofcontaminationinthe recycling
containersmeantthatrecyclingfacilitieswerethenabletoacceptthecontents,whichhadpreviouslybeen too
contaminated to be recycled.

ProjectPre-loved-InSeptember2021wereceivedfundingfromMertonGivingtorun8socialsewing workshops
focusingonteachingpeoplehowtomendandre-purposetextiles(clothes,bagsetc).41peoplewereinvolved,with 56%
of them from the east of the borough.

WorkingwiththeLibraryofThingsandMertonCouncil,wehelpedlaunchthisnewinitiativerunningoutof Morden
Library, engaging with residents t o encourage them to borrow items rather than buy them.

`AWARENESS RAISING`

SustainableMertonwrotetolocalMPsinrelationtoCOP26,andwealsoranawebinarandproducedaCOP26 inspired
newsletter.

MembershipofMerton'sBusinessNetworkforClimateActionincreasedby30%betweenJanuary2021and Jan
2022 (from 20 to 26 businesses)

SustainableMertonsupportedtheLovingEarthprojectand,withfundingfromMertonGiving,ranworkshops and
engaged with residents and colleges to produce textile panels reflecting on the environment during the Covid pandemic.
We mounted an exhibition in July 2021 with support from Wimbledon Centre Court Shopping.

SustainableMertoncontinuedtocoordinateGreenCoffeemeetingswhichcontinuedremotemonthlymeetingswhilst in
person gatherings were prohibited, providing a forum   for discussing and raising local environmental issues.

Whenpermitted,GreenDrinksprovidedopportunitiesforsocialgatheringsandnetworkingoflocal green-minded
residents.

Likewise,MertonGreenParentsGroupwasinitiatedbyoneofourCommunityChampionsand provided
opportunities for the sharing of sustainable parenting tips.

`FINANCIAL REVIEW`

`Financial position`

Duringtheyear,ourgrantincomeincreasedandwemadeasignificantpolicychangeinthewayincomeis managed,
movingfromacashtoanaccruedincomeaccountingsystem.Wehaveusedexternalaccountantsasour independent
examinerstoproduceouraccounts.The2021/22accountsreflecttheshiftinouraccountinganddeferred income.
Sustainable Merton remains in good financial health with funds to cover its contractual commitments.

`Principal funding sources`

GrantfundingwasreceivedfrommultiplegrantbodiesincludingLondonBoroughofMerton,MertonGiving, National
Lottery,People'sPostcodeLottery,ClarionHousingCommunityFund,WimbledonFoundation,theLondon Community
Response Fund, Hubbub and the Soil Association.

DonationsintotheCharitywerereceivedthroughoursubscribers,fundraisingactivitybringingdonationsfrom residents
and businesses and our Local Giving platform.

`Reserves policy`

SustainableMerton'sReservesPolicyistoretainunrestrictedfundstothevalueof3monthstypicalexpenditure. This
amountincludessalariesandofficecosts,enablingthecharitytocontinuerunningduringleanperiodsbetween the
award of grants.

DetailsoftheamountofreservesheldareshownintheStatementofFinancialActivitiesfortheyearandthe balance
sheet for the year end.

-5-

SUSTAINABLE MERTON

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

ThecharityisconstitutedasaCharitableIncorporatedOrganisation(CIO)andisregulatedbytheCharity Commission
TheactivitiesoftheCIOarecontrolledbyitsconstitutingdocumentwhichisbasedontheCharityCommission model
association CIO constitution.

`Recruitment and appointment of new trustees`

New trustees are co-opted by the Board of Trustees during the year and confirmed by election at the AGM.

`Organisational structure`

Because the charity has grown and financial operations have become more complicated, the Trustees
tookthedecisiontosplitthetworolesoffinancialoperationandfinancialgovernance.Whenourvolunteer Treasurer
steppeddowninSept2021afinanciallyqualifiedTreasurerTrusteewasco-optedtomaintainstrategicoversightover the
financesandfinancialgovernanceandaFinanceManagerandBook-keeper(sessionallypaid)wereappointedto manage
thefinancefunctionandcarryoutdaytodayfinancialoperations.TheTrusteesalsosetupaFinance sub-committee,
enabling them to review detailed financial issues more efficiently.

`Induction and training of new trustees`

Allnewtrusteeshavereceivedinductiontrainingontheirgovernanceresponsibilities,includingfinancial controls,
safeguarding and other policies.

`Wider network`

TheSustainableMertonCEOisresponsibleformanagingthecharity'soperationalactivity,overseeingateamof staff,
volunteersandself-employedcontractors.SustainableMertontakesaveryactivepartinthelocalcommunity and
boroughnetworks,andmuchofitsactivityisundertakeninpartnershipwithlocalorganisationsasoutlinedin the
previous sections.

`Risk management`

ATrusteehasledonourorganisationalriskassessmentandTrusteeshavecontinuedtoreviewourrisklog. Sustainable
MertonTrusteeshavenotidentifiedanyriskswherethelikelihoodandimpactscorewashigherthan"acceptable low
risk",usingtheriskassessmentmethodologyrecommendedbytheNationalCouncilforVoluntaryOrganisations. Controls
andmitigatingactionsareinplacetominimiserisksintheareasofgovernance,finance,operations,externalfactors and
regulatory & compliance activities.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Charity number`

`Principal address`

The Old Boiler House
Morden Hall Park
Morden Hall Road
Morden
SM4 5JD

`Trustees`

B M Cuddon Chair
R Baber Secretary
A S Randall Treasurer (appointed 9/3/22)
Dr J D Boyd
L A Lazzarino
Dr G Leigh
A Maries
Mrs B Pena-Mendez (resigned 1/10/21)
J Webb (resigned 1/10/21)

-6-

SUSTAINABLE MERTON

`REPORT OF THE TRUSTEES`

`FOR THE YEAR ENDED 31 MARCH 2022`

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Independent Examiner`

Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

Approved by order of the board of trustees on 13 January 2023 and signed on its behalf by:

B M Cuddon - Trustee

-7-

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SUSTAINABLE MERTON

`Independent examiner's report to the trustees of Sustainable Merton`

IreporttothecharitytrusteesonmyexaminationoftheaccountsofSustainableMerton(theTrust)fortheyear ended
31 March 2022.

`Responsibilities and basis of report`

AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').

IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarrying out
myexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jonathan Askew

ICAEW
Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House

27-37 St George's Road
Wimbledon
London
SW19 4EU

16 January 2023

-8-

SUSTAINABLE MERTON

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022`

`Unrestricted` `Restricted` `fund` `fund` `Notes` `£` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `7,437` `9,375` `Charitable activities` `General` `1,059` `124,717` `Total` `8,496` `134,092` `EXPENDITURE ON` `Raising funds` `173` `-` `Charitable activities` `General` `(46)` `176,810` `Total` `127` `176,810` `NET INCOME/(EXPENDITURE)` `8,369` `(42,718)` `RECONCILIATION OF FUNDS` `Total funds brought forward` `26,262` `101,500` `TOTAL FUNDS CARRIED FORWARD` `34,631` `58,782`	`2022` `Total` `funds` `£` `16,812` `125,776` `142,588` `173` `176,764` `176,937` `(34,349)` `127,762` `93,413`	`2021` `Total` `funds` `£` `3,858` `176,495`
		`180,353`
		`144` `107,394`
		`107,538`
		`72,815` `54,947`
		`127,762`

The notes form part of these financial statements

-9-

SUSTAINABLE MERTON

`BALANCE SHEET`

`31 MARCH 2022`

`Unrestricted` `Restricted` `fund` `fund` `Notes` `£` `£` `FIXED ASSETS` `Tangible assets` `4` `2,944` `-` `CURRENT ASSETS` `Debtors` `5` `4,722` `-` `Cash at bank` `213,961` `58,782` `218,683` `58,782` `CREDITORS` `Amounts falling due within one year` `6` `(186,996)` `-` `NET CURRENT ASSETS` `31,687` `58,782` `TOTAL ASSETS LESS CURRENT LIABILITIES` `34,631` `58,782` `NET ASSETS` `34,631` `58,782` `FUNDS` `7` `Unrestricted funds` `Restricted funds` `TOTAL FUNDS`	`2022` `Total` `funds` `£` `2,944` `4,722` `272,743` `277,465` `(186,996)` `90,469` `93,413` `93,413` `34,631` `58,782` `93,413`	`2021` `Total` `funds` `£` `-` `-` `127,762`
		`127,762` `-`
		`127,762`
		`127,762`
		`127,762`
		`26,262` `101,500`
		`127,762`

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon13January2023and were
signed on its behalf by:

B M Cuddon - Trustee

The notes form part of these financial statements

-10-

SUSTAINABLE MERTON

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011. The financial statements have been prepared under the historical cost convention.

TheaccountsfortheyeartoMarch2021andprioryearswerepreparedonacashbasis.Forthe2022 accounts
andforthefuturethecharityhaschangedtopreparingaccountsonanaccrualsbasis.Noadjustmentshave been
madetotheprioryearfiguresasthetrusteesdonotconsiderthechangeinaccountingpolicyto have
significantly changed the figures previously reported.

`Income`

AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.

`Tangible fixed assets`

Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.

`Taxation`

The charity is exempt from tax on its charitable activities.

`Fund accounting`

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

`Hire purchase and leasing commitments`

RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesonastraightline basis
over the period of the lease.

-11-

SUSTAINABLE MERTON

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

`2. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2022norfortheyear ended
31 March 2021.

`Trustees' expenses`

There were no  trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

`3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

	`Unrestricted`	`Unrestricted`	`Restricted`	`Restricted`	`Total`
	`fund`		`fund`		`funds`
	`£`		`£`		`£`
`INCOME AND ENDOWMENTS FROM`
`Donations and legacies`	`3,858`			`-`	`3,858`
`Charitable activities`
`General`		`-`	`176,495`		`176,495`
`Total`	`3,858`		`176,495`		`180,353`
`EXPENDITURE ON`
`Raising funds`		`-`	`144`		`144`
`Charitable activities`
`General`	`8,265`		`99,129`		`107,394`
`Total`	`8,265`		`99,273`		`107,538`
`NET INCOME/(EXPENDITURE)`	`(4,407)`		`77,222`		`72,815`
`RECONCILIATION OF FUNDS`
`Total funds brought forward`	`30,669`		`24,278`		`54,947`
`TOTAL FUNDS CARRIED FORWARD`	`26,262`		`101,500`		`127,762`
`TANGIBLE FIXED ASSETS`
					`Computer`
					`equipment`
					`£`
`COST`
`Additions`					`3,097`
`DEPRECIATION`
`Charge for year`					`153`
`NET BOOK VALUE`
`At 31 March 2022`					`2,944`
`At 31 March 2021`					`-`

`4. TANGIBLE FIXED ASSETS`

-12-

SUSTAINABLE MERTON

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
6.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors
7.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS 2022
2021
£
£
4,596
-
126
-
4,722
-
2022
2021
£
£
6,014
-
4,235
-
176,747
-
186,996
-
Net
movement
At
At 1/4/21
in funds
31/3/22
£
£
£
26,262
8,369
34,631
101,500
(42,718)
58,782
127,762
(34,349)
93,413
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
8,496
(127)
8,369
134,092
(176,810)
(42,718)
142,588
(176,937)
(34,349)

-13-

SUSTAINABLE MERTON

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022`

`7. MOVEMENT IN FUNDS - continued`

`Comparatives for movement in funds`

		`Net`
		`movement`	`At`
	`At 1/4/20`	`in funds`	`31/3/21`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`30,669`	`(4,407)`	`26,262`
`Restricted funds`
`Restricted`	`24,278`	`77,222`	`101,500`
`TOTAL FUNDS`	`54,947`	`72,815`	`127,762`

Comparative net movement in funds, included in the above are as follows:

`Unrestricted funds` `General fund` `Restricted funds` `Restricted` `TOTAL FUNDS`	`Incoming` `Resources` `Movement` `resources` `expended` `in funds` `£` `£` `£` `3,858` `(8,265)` `(4,407)` `176,495` `(99,273)` `77,222` `180,353` `(107,538)` `72,815`

`8. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 March 2022.

-14-