| Page | |||
|---|---|---|---|
| Foreword from the Co-Chairs | |||
| Report ofthe Trustees | 2 | to | 8 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | 10 | ||
| Balance Sheet | |||
| Cash Flow Statement | 12 | ||
| Notes to the Cash Flow Statement | 13 | ||
| Notes to the Financial Statements | 14 | to | 24 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 3,909 | 1,861 | 5,770 | 5,588 | |
| Charitable activities |
4 | |||||
| Charitable activities |
355,342 | 445,016 | 800,358 | 515,678 | ||
| Investment income |
3 | 125 | 125 | 214 | ||
| Other income | 12,332 | 12,332 | ||||
| Total | 371,708 | 446,877 | 818,585 | 521,480 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable activities |
308,913 | 443,806 | 752,719 | 502,335 | ||
| Raising funds | 7,347 | 7,347 | 6,959 | |||
| Total | 316,260 | 443,806 | 760,066 | 509,294 | ||
| NET INCOME | 55,448 | 3,071 | 58,519 | 12,186 | ||
| Transfers between funds |
15 | (2,010) | 2,010 | |||
| Net movement in funds |
53,438 | 5,081 | 58,519 | 12,186 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 126,561 | 25,419 | 151,980 | 139,794 | |
| TOTAL FUNDS CARRIED FORWARD | 179,999 | 30,500 | 210,499 | 151,980 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 6,603 | 6,603 | 3,225 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 94,143 | 7,510 | 101,653 | 68,734 |
| Cash at bank | 306,822 | 157,703 | 464,525 | 240,414 | |
| 400,965 | 165,213 | 566,178 | 309,148 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (227,569) | (134,713) | (362,282) | (160,393) |
| NET CURRENT ASSETS | 173,396 | 30,500 | 203,896 | 148,755 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 179,999 | 30,500 | 210,499 | 151,980 | |
| NET ASSETS | 179,999 | 30,500 | 210,499 | 151,980 | |
| FUNDS | 15 | ||||
| Unrestricted funds |
179,999 | 126,561 | |||
| ResMcted funds | 30,500 | 25,419 | |||
| TOTAL FUNDS | 210,499 | 151,980 |
| fo | r the year ended 3 | 1stMarch 2021 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
229,565 | 23,964 | ||||
| Net cash provided by operating activities |
229,565 | 23,964 | ||||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed | assets | (5,579) | (2,388) | |||
| Interest received | 125 | 214 | ||||
| Net cash used in investing | activities | (5,454) | (2,174) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
224,111 | 21,790 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 240,414 | 218,624 | |||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
464,525 | 240,414 |
| Notes to the Cash Flow Statement for tbe year ended 31stMarch 2021 |
Notes to the Cash Flow Statement for tbe year ended 31stMarch 2021 |
||||||
|---|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TONET CASH FLOW FROM | OPERATING ACTIVITIES | |||||
| 2021 | 2020 | ||||||
| Net income | for the | reporting | period (as per the Statement ofFinancial | ||||
| Activities) | 58,519 | 12,186 | |||||
| Adjustments | for: | ||||||
| Depreciation | charges | 2,20] | 1,075 | ||||
| Interest received | (125) | (214) | |||||
| Increase in debtors | (32,919) | (17,871) | |||||
| Increase in creditors | 201,889 | 28,788 | |||||
| Net cash provided | by | operations | 229,565 | 23,964 | |||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | ||||
| At 1.4.20 | Cash flow | At 31.3.21 | |||||
| Net cash | |||||||
| Cash at bank | 240,414 | 224,111 | 464,525 | ||||
| 240,414 | 224,111 | 464,525 | |||||
| Total | 240,414 | 224,111 | 464,525 |
| Notes to the | Financial Statements - continued | |||||||
|---|---|---|---|---|---|---|---|---|
| for the | year ended 31stMarch 2021 | |||||||
| 2. | DONATIONS | AND LEGACIES | ||||||
| 2021 | 2020 | |||||||
| Donations | 5,770 | 5,588 | ||||||
| 3. | IiASSTMENT INCOME | |||||||
| 2021 | 2020 | |||||||
| Interest receivable | 125 | 214 | ||||||
| 4. | INCOME | FROM CHARITABLE ACTIVITIES | ||||||
| 2021 | 2020 | |||||||
| Activity | ||||||||
| Grants | Charitable | activities | 800,358 | 515,678 | ||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||||
| Support | ||||||||
| Direct | costs (see | |||||||
| Costs | note 6) | Totals | ||||||
| Charitable | activities | 682,810 | 69,909 | 752,719 | ||||
| Raising funds | 7,347 | 7,347 | ||||||
| 690,157 | 69,909 | 760,066 | ||||||
| 6. | SUPPORT COSTS | |||||||
| Admin and | Governance | |||||||
| support | costs | Totals | ||||||
| Charitable | activities | 68,109 | 1,800 | 69,909 | ||||
| 7. | NET INCOME/(EXPENDITURE) | |||||||
| Net income/(expenditure) | is | stated after charging/(crediting): | ||||||
| 2021 | 2020 | |||||||
| Depreciation - |
owned assets | 2,201 | 1,075 |
| STAFF C | OSTS | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Wages and | salaries | 438,049 | 336,053 | |||
| Social security costs | 33,082 | 29,317 | ||||
| Other pension costs | 12,295 | 22,189 | ||||
| 483,426 | 387,559 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 2021 | 2020 | |||||
| Charitable | activities | 19 | 15 | |||
| No employees received emoluments | in excess off60,000. | |||||
| COMPARATIVES | FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| fund | funds | fundsI | ||||
| INCOME | AND ENDOWMENTS | FROM | ||||
| Donations | and legacies | 5,588 | 5,588 | |||
| Charitable | activities | |||||
| Charitable | activities | 177,269 | 338,409 | 515,678 | ||
| Investment | income | 214 | 214 | |||
| Total | 183,071 | 338,409 | 521,480 | |||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| Charitable | activities | 178,140 | 324,195 | 502,335 | ||
| Raising funds | 6,959 | 6,959 | ||||
| Total | 185,099 | 324,195 | 509,294 | |||
| NET INCOME/(EXPENDITURE) | (2,028) | 14,214 | 12,186 | |||
| Transfers | between funds | 27,266 | (27,266) |
| Notes to the Financial Statements - continued for the year ended 31stMarch 2021 |
Notes to the Financial Statements - continued for the year ended 31stMarch 2021 |
Notes to the Financial Statements - continued for the year ended 31stMarch 2021 |
Notes to the Financial Statements - continued for the year ended 31stMarch 2021 |
||
|---|---|---|---|---|---|
| 11. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued | ||||
| Unrestricted | Restricted | Total | |||
| fund | fundsI | funds | |||
| Net movement in funds |
25,238 | (13,052) | 12,186 | ||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought | forward | 101,323 | 38,471 | 139,794 | |
| TOTAL FUNDS CARRIED FORWARD | 126,561 | 25,419 | 151,980 | ||
| 12. | TANGIBLE FIXED | ASSETS | |||
| Computer | |||||
| equipment | |||||
| COST | |||||
| At 1stApril 2020 | 6,918 | ||||
| Additions | 5,579 | ||||
| At 31stMarch 2021 | 12,497 | ||||
| DEPRECIATION | |||||
| At 1stApril 2020 | 3,693 | ||||
| Charge for year | 2,201 | ||||
| At 31st March 2021 | 5,894 | ||||
| NET BOOKVALUE | |||||
| At 31stMarch 2021 | 6,603 | ||||
| At 31stMarch 2020 | 3,225 | ||||
| 13. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||
| 8 | |||||
| Prepayments and accrued income |
101,653 | 68,734 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Social security and other taxes | 15,960 | 15,891 | |||||
| Other creditors | 5,318 | ||||||
| Accruals and deferred income | 341,004 | 144,502 | |||||
| 362,282 | 160,393 | ||||||
| MOVEMENT IN FUNDS | |||||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.4.20 | in funds | funds | 31.3.21 | ||||
| Unrestricted funds |
|||||||
| General fund | 126,561 | 55,448 | (2,010) | 179,999 | |||
| Restricted funds | |||||||
| Barnet Giving - Donations | funding | 2,297 | (2,297) | ||||
| Barnet Voice | 18,251 | 5,879 | 24,130 | ||||
| Touchpoint (funded |
by the | National | |||||
| Lottery Conununity | Fund) | 4,805 | 1,327 | 6,132 | |||
| Partnership Libraries |
(funded by London | ||||||
| Borough ofBarnet) | (1,885) | 1,885 | |||||
| Touchpoint Advice (fuuded by Trust for |
|||||||
| London) | 15 | 15 | |||||
| Yoga (funded by LCF Sport England | |||||||
| Active Communities) | 66 | (66) | |||||
| User voice and representation | (funded by | ||||||
| City Bridge Trust) | 1,395 | 1,395 | |||||
| Food bank project (funded | by | DEFRA) | (125) | 125 | |||
| The Coproduced Support Project (funded |
|||||||
| by Trust for London) | (915) | (915) | |||||
| The Community Reporting |
Project (funded | ||||||
| by Lived Experience | Leaders, | the National | |||||
| Lottery Community Fund) |
(257) | (257) | |||||
| 25,419 | 3,071 | 2,010 | 30,500 | ||||
| TOTAL FUNDS | 151,980 | 58,519 | 210,499 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended f |
in funds | ||||
| Unrestricted funds |
||||||
| General fund | 371,708 | (316,260) | 55,448 | |||
| Restricted funds | ||||||
| Barnet Giving - Donations | funding | (2,297) | (2,297) | |||
| Barnet Voice | 17,789 | (11,910) | 5,879 | |||
| Touchpoint (funded |
by the | National | ||||
| Lottery Community | Fund) | 168,639 | (167,312) | 1,327 | ||
| Partnership Libraries |
(funded by London | |||||
| Borough ofBarnet) | 50,813 | (52,698) | (1,885) | |||
| Touchpoint Advice (fundext |
by Trust for | |||||
| London) | 57,000 | (56,985) | 15 | |||
| Yoga (funded by LCF Sport | England | |||||
| Active Communities) | 4,854 | (4,920) | (66) | |||
| User voice and representation | (funded by | |||||
| City Bridge Trust) | 27,500 | (26,105) | 1,395 | |||
| Food bank project (funded | by DEFRA) | 33,294 | (33,419) | (125) | ||
| VCS support through | Covid | (funded by the | ||||
| National Lottery Community | Fund) | 86,988 | (86,988) | |||
| The Coproduced Support Project (funded |
||||||
| by Trust for London) | (915) | (915) | ||||
| The Community Reporting |
Project (funded | |||||
| by Lived Experience | Leaders, the National | |||||
| Lottery Community Fund) |
(257) | (257) | ||||
| 446,877 | (443,806) | 3,071 | ||||
| TOTAL FUNDS | 818,585 | (760,066) | 58,519 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||
| Unrestricted funds |
||||||
| General fund | 101,323 | (2,028) | 27,266 | 126,561 | ||
| Restricted funds | ||||||
| Barnet Giving - Operational | funding | (811) | 811 | |||
| Barnet Giving - Donations | funding | 2,335 | (38) | 2,297 | ||
| People's Choice | 5,595 | (5,595) | ||||
| Barnet Voice | 18,916 | 3,624 | (4,288) | 18,252 | ||
| Touchpoint Development |
12,774 | (12,450) | (324) | |||
| Touchpoint (funded |
by the | National | ||||
| Lottery Community | Fund) | 37,495 | (32,691) | 4,804 | ||
| Partnership Libraries (funded by London |
||||||
| Borough ofBarnet) | (22,599) | 22,599 | ||||
| Skills for Care | 4,446 | (3,825) | (621) | |||
| Touchpoint Advice |
(funded | by Trust for | ||||
| London) | 5,815 | (5,815) | ||||
| Yoga (funded by LCF Sport England | ||||||
| Active Communities) | 1,408 | (1,342) | 66 | |||
| 38,471 | 14,214 | (27,266) | 25,419 | |||
| TOTAL FUNDS | 139,794 | 12,186 | 151,980 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 183,071 | (185,099) | (2,028) | ||
| Restricted funds | |||||
| Barnet Giving - Operational | funding | (811) | (811) | ||
| Barnet Giving - Donations | funding | 34 | (72) | (38) | |
| People's Choice | 30,820 | (25,225) | 5,595 | ||
| Barnet Voice | 39,641 | (36,017) | 3,624 | ||
| Touchpoint Development |
(12,450) | (12,450) | |||
| Touchpoint (funded |
by the | National | |||
| Lottery Community | Fund) | 154,760 | (117,265) | 37,495 | |
| Partnership Libraries (funded by London |
|||||
| Borough ofBarnet) | 50,000 | (72,599) | (22,599) | ||
| Skills for Care | (3,825) | (3,825) | |||
| Touchpoint Advice |
(funded | by Trust for | |||
| London) | 58,300 | (52,485) | 5,815 | ||
| Yoga (funded by LCF Sport England | |||||
| Active Communities) | 4,854 | (3,446) | 1,408 | ||
| 338,409 | (324,195) | 14,214 | |||
| TOTAL FUNDS | 521,480 | (509,294) | 12,186 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.4.19 | in funds | funds | 31.3.21 | ||||
| Unrestricted funds General fund Barnet Barnet |
101,323 | 53,420 | 25,256 | 179,999 | |||
| Restricted funds | |||||||
| Giving - Operational | funding | (811) | 811 | ||||
| Giving - Donations | funding | 2,335 | (2,335) | ||||
| People's Choice | 5,595 | (5,595) | |||||
| Barnet Voice | 18,916 | 9,503 | (4,288) | 24,131 | |||
| Touchpoint Development |
12,774 | (12,450) | (324) | ||||
| Touchpoint (funded |
by the | National | |||||
| Lottery Community | Fund) | 38,822 | (32,691) | 6,131 | |||
| Partnership Libraries |
(funded by London | ||||||
| Borough ofBarnet) | (24,484) | 24,484 | |||||
| Skills for Care | 4,446 | (3,825) | (621) | ||||
| Touchpoint Advice (funded |
by Trust for | ||||||
| London) | 5,830 | (5,815) | 15 | ||||
| Yoga (funded by LCF Sport | England | ||||||
| Active Communities) | 1,342 | (1,342) | |||||
| User voice and representation | (funded by | ||||||
| City Bridge Trust) | 1,395 | 1,395 | |||||
| Food bank project (funded | by DEFRA) | (125) | 125 | ||||
| The Coproduced Support Project (funded |
|||||||
| by Trust for London) | (915) | (915) | |||||
| The Community Reporting |
Project (funded | ||||||
| by Lived Experience | Leaders, the National | ||||||
| Lottery Community | Fund) | (257) | (257) | ||||
| 38,471 | 17,285 | (25,256) | 30,500 | ||||
| TOTAL FUNDS | 139,794 | 70,705 | 210,499 |
| A current year 12months as follows: |
an | d prior year 12months co |
mbined net movement in |
funds, included i |
n the above a |
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 554,779 | (501,359) | 53,420 | ||
| Restricted funds | |||||
| Barnet Giving - Operational | funding | (811) | (811) | ||
| Barnet Giving - Donations | funding | 34 | (2,369) | (2,335) | |
| People's Choice | 30,820 | (25,225) | 5,595 | ||
| Barnet Voice | 57,430 | (47,927) | 9,503 | ||
| Touchpoint Development |
(12,450) | (12,450) | |||
| Touchpoint (funded by the |
National | ||||
| Lottery Community Fund) |
323,399 | (284,577) | 38,822 | ||
| Partnership Libraries (funded by London |
|||||
| Borough ofBarnet) | 100,813 | (125,297) | (24,484) | ||
| Skills for Care | (3,825) | (3,825) | |||
| Touchpoint Advice (funded |
by Trust for | ||||
| London) | 115,300 | (109,470) | 5,830 | ||
| Yoga (funded by LCF Sport Active Communities) |
England | 9,708 | (8,366) | 1,342 | |
| User voice and representation City Bridge Trust) |
(funded by | 27,500 | (26,105) | 1,395 | |
| Food bank project (funded | by DEFRA) | 33,294 | (33,419) | (125) | |
| VCS support through Covid |
(funded by the | ||||
| National Lottery Community |
Fund) | 86,988 | (86,988) | ||
| The Coproduced Support Project (funded |
|||||
| by Trust for London) | (915) | (915) | |||
| The Community Reporting |
Project (funded | ||||
| by Lived Experience Leaders, the National | |||||
| Lottery Community Fund) |
(257) | (257) | |||
| 785,286 | (768,001) | 17,285 | |||
| TOTALFUNDS | 1,340,065 | (1,269,360) | 70,705 |