| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details | 1 to | 2 | |
| Chairman's Report |
||||
| Report ofthe Trustees | 4 to | 10 | ||
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | 12 | ||
| Balance Sheet | 13 to | 14 | ||
| Notes to the Financial Statements | 15 to | 23 | ||
| Detailed Statement ofFinancial | Activities | 24 to | 25 |
| REGISTERED | OFFICE | Onestonegrove | Onestonegrove | |||
|---|---|---|---|---|---|---|
| 5 Hayling | Way | |||||
| Edgware | ||||||
| HA8 8BN | ||||||
| REGISTERED | COMPANY | 09276749 | (England | and Wales) | ||
| NUMBER | ||||||
| REGISTERED | CHARITY | 1161812 | ||||
| NUMBER | ||||||
| INDEPENDENT | EXAMINER | Prestons &Jacksons Partnership | LLP | |||
| 364 - 368Cranbrook Road | ||||||
| Ilford | ||||||
| Essex | ||||||
| IG2 6HY | ||||||
| BANKERS | Co-operative | bank p.l.c. | ||||
| P.O.Box101 | ||||||
| 1 Balloon | Street | |||||
| Manchester | ||||||
| M60 4EP |
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| INCOME FROM | ||||||
| Donations and legacies |
2 | 154,394 | 154,394 | 206,343 | ||
| Other Charitable Income |
3 | 189,931 | 3,731 | 193,662 | 164,220 | |
| Other income | 82] | |||||
| Total | 189,931 | 158,125 | 348,056 | 371,384 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 270 | 270 | ||||
| Charitable activities |
||||||
| Community Centre Management |
209,806 | 160,748 | 370,554 | 339,228 | ||
| Support Costs | 26,829 | 10,1S3 | 37,012 | 33,569 | ||
| Total | 236,905 | 170,931 | 407,836 | 372,797 | ||
| NET INCOME/(EXPENDITURE) | (46)974) | (12,806) | (59,780) | (1,4)3) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
2,117459 | 39,933 | 2,157,192 | 2,158,605 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,070,285 | 27,127 | 2,097,412 | 2,157,192 |
| 31.12.22 | 3].12.21 | ||
|---|---|---|---|
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 1,965,794 | 1,985,889 | |
| CURRENT ASSETS | |||
| Debtors | 61/76 | 66,673 | |
| Cash at bank | 91)526 | 133,761 | |
| 152,802 | 200,434 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (21,184) | (29,13]) |
| NET CURRENT ASSETS | 131,618 | 171,303 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 2,097,412 | 2,]57,192 | |
| NET ASSETS | 2,097,412 | 2,157,192 | |
| FUNDS | 12 | ||
| Unrestricted funds: |
|||
| General fund | 2,056,999 | 2,096,335 | |
| Sinking fund | 13,286 | 20,924 | |
| 2,070485 | 2,117,259 | ||
| Restricted funds: | |||
| Restricted Funds | 27,127 | 39,933 | |
| TOTAL FUNDS | 2,097,412 | 2,157,192 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 3L12.22 | 3l.l2.21 | |
| Donations | 2,407 | |
| Grants | 154@94 | 203,936 |
| 154494 | 206,343 |
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Peabody Community Fund |
17,901 | 14,901 | ||||
| The National Lottery Community |
Fund | 55@76 | 17,811 | |||
| John Lyons Charity | 28,900 | 6,083 | ||||
| Garfield Weston Foundation | 25,000 | |||||
| Barnet Council | 2,801 | 22,615 | ||||
| Co-operative Foundation |
3,403 | |||||
| Home Group | 19,281 | |||||
| GLA London Community | Energy | Fund | 7,246 | 7,915 | ||
| Morris Beneficent Charity | 10,000 | |||||
| Young Barnet Foundation | 27,815 | 14,592 | ||||
| Department ofWork and |
Pensions | 19,276 | ||||
| London Community Response Fund |
22,629 | |||||
| Andrew Stebbing Foundation |
5,000 | |||||
| Other Restricted Grants | 15,430 | |||||
| Arnold Clark Charity | 1,000 | |||||
| FUSE - Final installment | ofgrant | to | cover Nudel Kart purchase | 1,500 | ||
| Groundworks UK |
1,000 | |||||
| Jack Petchey Foundation | 900 | |||||
| MLS Gitting Grants | 1,000 | |||||
| Shanly Foundation | 1,000 | |||||
| Spacehive - Restricted Crowdfunding | for defib | 1,655 | ||||
| W G Edwards Charitable |
Foundation | - Tea dr Tech Sessions | 1,500 | |||
| Charles Hayward Foundation |
4,800 | |||||
| 154,394 | 203,936 | |||||
| OTHER CHARITABLE | INCOME | |||||
| 31.12.22 | 31.12.21 | |||||
| Community Trust Deed |
50,000 | 50,000 | ||||
| Lease Rent | 121,162 | 76,081 | ||||
| Service Charge | 14,657 | 32,690 | ||||
| Community Centre Management |
4,112 | 1,165 | ||||
| Individual Giving |
3,731 | 4,284 | ||||
| 193,662 | 164,220 |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Depreciation | - owned assets | 20,095 | 22,945 |
| Independent | Examiners Fees | 2,400 | 2,400 |
| 2021 | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| INCOME FROM | |||||
| Donations and legacies |
206,343 | 206,343 | |||
| Other Charitable Income |
159,936 | 4,284 | 164,220 | ||
| Other income | 821 | 821 | |||
| Total | 160,757 | 210,627 | 371,384 | ||
| EXPENDITURE | ON | ||||
| Charitable activities |
|||||
| Community Centre |
Management | 178,217 | 161,011 | 339,228 | |
| Support Costs | 23,886 | 9,683 | 33,569 | ||
| Total | 202,103 | 170,694 | 372,797 | ||
| NET INCOME/(EXPENDITURE) | (41,346) | 39,933 | (1,413) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 2,158,605 | 2,158,605 |
| COMPARATIVES FOR 2021 - continued |
THE STATEMENT OF FINANCIAL ACTI | VITIES 31D | ECEMBER | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | fund | funds | ||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 2,117,259 | 39,933 | 2,157,192 | |
| 7. | KEYPERSONNEL MANAGEMENT | |||
| Key Personnel Management |
comprises ofthe Board ofTrustees. | |||
| 8. | TANGIBLE FIXEDASSETS | |||
| Fixtures | ||||
| Freehold | and | |||
| property | fittings | Totals | ||
| COST | ||||
| At 1 January 2022 and | ||||
| 31 December 2022 | 2,100,000 | 150,788 | 2450,788 | |
| DEPRECIATION | ||||
| At 1 January 2022 | 120,000 | 144,899 | 264)899 | |
| Charge for year | 20,000 | 95 | 20,095 | |
| At 31December 2022 | 140,000 | 144,994 | 284,994 | |
| NET BOOK VALUE | ||||
| At 31 December 2022 | 1,960,000 | 5,794 | 1,965,794 | |
| At 31 December 2021 | 1,980,000 | 5,889 | 1,985,889 |
| 31.12.22 | 31.12.21 | ||||
|---|---|---|---|---|---|
| Trade debtors | 51,184 | 57,001 | |||
| Other debtors | 5,233 | 1,186 | |||
| Prepayments | and accrued income | 4,859 | 8,486 | ||
| 61,276 | 66,673 | ||||
| 10. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.22 | 31.12.21 | ||||
| Trade creditors | 13,607 | 19,131 | |||
| Social security | and other taxes | 6,819 | |||
| Other creditors | 5,177 | ||||
| Accruals and | deferred income | 2,083 | 1,000 | ||
| Accrued expenses | 317 | 2,181 | |||
| 21,184 | 29,131 | ||||
| 11. | ANALYSIS | OFGENERAL RESERVES | |||
| General Reserves as at 31 December 2022 consist of: | |||||
| 31/12/22 | 31/12/21 | ||||
| Fixed Assets | Reserves | 1,960,000 | 1,980,000 | ||
| Free General | Reserves | 96,999 | 116,335 | ||
| Sinking Fund | 13,286 | 20,924 | |||
| Total General | Reserves | 2,070,285 | 2,117,259 |
| MOVE | MEN | T IN FUNDS | ||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| Ai I/I/22 | in funds | funds | 31/12/22 | |||
| Unrestricted | funds | |||||
| General | fund | 2,096,335 | (46,974) | 7,638 | 2,056,999 | |
| Sinking | fund | 20,924 | (7,638) | 13,286 | ||
| 2,117,259 | (46,974) | 2,070485 | ||||
| Restricted funds | ||||||
| Restricted Funds | 39,933 | (12,806) | 27/127 | |||
| TOTAL | FUNDS | 2,157,192 | (59)780) | 2,097,412 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 189,931 | (236,905) | (46,974) | |||
| Restricted funds | ||||||
| Restricted Funds | 158,125 | (170,931) | (12,806) | |||
| TOTAL FUNDS | 348,056 | (407,836) | (59,780) | |||
| Comparatives | for movement | in funds | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At I/I/21 | in funds | funds | 3I/12/2 I | |||
| Unrestricted | funds | |||||
| General fund | 2,1]9,511 | (41,346) | 18,170 | 2,096,335 | ||
| Sinking fund | 39,094 | (18,170) | 20,924 | |||
| 2,158,605 | (41,346) | 2,117,259 | ||||
| Restricted funds | ||||||
| Restricted Funds | 39,933 | 39,933 | ||||
| TOTAL FUNDS | 2,158,605 | (1,413) | 2,157,192 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 160,757 | (202,103) | (41,346) | |||
| Restricted funds | ||||||
| Restricted Funds |
210,627 | (170,694) | 39,933 | |||
| TOTAL FUNDS | 371,384 | (372,797) | (1,413) | |||
| Restricted Funds | ||||||
| Restricted Funds | as | at 31 December 2022 consist of: | ||||
| 31/12/22 | 31/12/21 | |||||
| f | ||||||
| Garfield Weston Foundation | 6,250 | |||||
| National Lottery Community |
Fund | 8,910 | 8,905 | |||
| Peabody Coinmunity | Fund | 12,417 | 11,176 | |||
| Morris Beneficent | 10,000 | |||||
| Other Restricted Funds | 1,000 | 3,602 | ||||
| Charles Hayward | Foundation | 4,800 | ||||
| Total Restricted | Funds | 27,127 | 39,933 |
| DETAILED STATEMENT OF FOR THE YEAR ENDED |
FINANCIAL ACTIVITIES 31DECEMBER 2022 |
||
|---|---|---|---|
| 31.12.22 | 31.12.21 | ||
| INCOME | |||
| Donations and legacies |
|||
| Donations | 2,407 | ||
| Grants | 154@94 | 203,936 | |
| 154@94 | 206,343 | ||
| Other Charitable | Income | ||
| Community Trust |
Deed | 50,000 | 50,000 |
| Lease Rent | 121,162 | 76,081 | |
| Service Charge | 14,657 | 32,690 | |
| Community Centre |
Management | 4,112 | 1,165 |
| Individual Giving |
3)731 | 4,284 | |
| 193,662 | 164,220 | ||
| Other income | |||
| Interest Receivable | 821 | ||
| Total incoming resources | 348,056 | 371,384 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Bad debts | 270 | ||
| Charitable activities |
|||
| Rates | 3,697 | ||
| Building Insurance | 5,693 | 6,021 | |
| Telephone | 2,422 | 2,047 | |
| Postage and stationery | 6/75 | 4,295 | |
| Marketing and Promotion |
2,229 | 300 | |
| Heating and Hot Water | 11,264 | 19,924 | |
| Cleaning | 2,401 | 5,219 | |
| Building Maintenance | 16,841 | 37,325 | |
| Community Activities |
58,112 | 55,429 | |
| St Peter's Contribution | 13,872 | 13,088 | |
| Equipment Expensed |
3777 | 995 | |
| Training and welfare |
6,425 | 3,281 | |
| Subscriptions | 3,440 | 4,421 | |
| Carried forward | 136,548 | 152„345 |
FORTHE YEAR ENDED |
31DECEMBER 2022 | ||
|---|---|---|---|
| 31.12.22 | 31.12.21 | ||
| E | |||
| Charitable activities |
|||
| Brought forward | 136,548 | ]52,345 | |
| Travel | 599 | 7,285 | |
| Food Bank &Kitchen Cost | 4,663 | 4,515 | |
| Freehold Property Depreciation | 20,000 | 20,000 | |
| Fixtures and Fittings | Deprecia | 95 | 2,945 |
| 161,905 | 187,090 | ||
| Support costs | |||
| Management | |||
| Wages | 203,669 | 152,138 | |
| Other | |||
| Volunteer Training |
and Expense | 324 | 974 |
| Governance costs |
|||
| Accountancy and legal fees |
4,980 | 808 | |
| Independent Examiners Fees |
2,312 | 1,500 | |
| Financial Management |
5,656 | 2,107 | |
| Consultancy fees |
28,720 | 28,180 | |
| 41,668 | 32,595 | ||
| Total resources expended | 407)836 | 372,797 | |
| Net expenditure | (59,780) | (1,413) |