##
##
##
|||||||Page|
|---|---|---|---|---|---|---|
|Reference|and administrative|||details ofthe charity,|its Trustees and advisers||
|Chairman's|statement||||||
|Trustees'|report||||||
|Independent
examiner's|||report||||
|Statement|offinancial|activities||||12|
|Balance sheet||||||13|
|Statement|ofcash flows|||||14|
|Notes to the financial||statements||||15-29|
##
##
##
|Trustees||||Muddassar
Ahmed|Muddassar
Ahmed|||||
|---|---|---|---|---|---|---|---|---|---|
|||||Dr Irum Ali (appointed|||3|May|2023)|
|||||Vincent Allilaire||||||
|||||Jagmohan
Singh|Bhakar|||||
|||||Professor Jonathan||May||(resigned 20 October 2022)||
|||||Fr Francisco Javier Ruiz-Ortiz|||||(resigned 20 October 2022)|
|||||Lynn Stone||||||
|||||Revd Tim May||||||
|||||Steve Gilvin, Chair||||||
|||||Kristin Konschnik||||||
|||||Latika Shah||||||
|||||Emma Singh||||||
|Company|registered|||||||||
|number||||08852728||||||
|Charity registered|||number|1162185||||||
|Registered||office||177Bow Road||||||
|||||Bow||||||
|||||London||||||
|||||E32SG||||||
|Company|secretary|||Kristin Konschnik||||||
|Accountants||||RPG Crouch Chapman||||LLP||
|||||Chartered
Accountants||||||
|||||40 Gracechurch|Street|||||
|||||London||||||
|||||EC3V OBT||||||
|Bankers||||Barclays Bank Pic||||||
|||||56/58 The Mall||||||
|||||London||||||
|||||E151XJ||||||
|||||CAF Bank||||||
|||||25 Kings
Hill Avenue||||||
|||||Kings
Hill||||||
|||||West Mailing||||||
|||||ME194TA||||||
|Independent||Examiner||Jeremy Tyrrell FCA||||||
|||||40 Gracechurch|Street|||||
|||||London||||||
|||||EC3V OBT||||||
##
##
##
##
##
##
##
##
##
##
##
##
|Ethnicity||||¹ Guests||
|---|---|---|---|---|---|
|,Bangladeshi
or British|Bangladeshi||||1,540|
|White English/Welsh/Scottish/Northern|||Irish/British||761|
|White Other White background|||||411|
|:Bangladeshi|||||367|
|Any other ethnic group|||||357|
|Indian or British Indian|||||332|
|.:BlackAfrican|||||327|
|Prefer not to say|||||146|
|Other Mixed/Multiple|ethnic background||||124|
|Black British|||||119.|
|Arab|||||93|
|Other Asian background|||||88|
|Black Caribbean|||||69|
|,Other Black/African/Caribbean||background|||59|
|:Hispanic|||||53|
|,Pakistani or British Pakistani|||||51,|
|White and Black Caribbean|||||38;|
|.
,White Irish|||||36|
|,White and BlackAfrican|||||26|
|,||||||
|;Indian|||||22|
|White and Asian|||||21|
|Chinese or British Chinese|||||15|
|'Pakistani|||||8|
|White European/Other|||||2|
|White Gypsy or Irish Traveller|||||1|
|Grand Total|||||5,066|
|Main Reason forVisit|¹ Guests|
|---|---|
|Low income and can't afford food|2,806:|
|'Loss ofbenefits /sanctioned|862'|
|No income / not eligible for public assistance (e.g. asylum seeker)|402|
|,income no longer covers bills and costs|361|
|,Other|209|
|'Change|170'|
|'Delay in Wages|151,|
|.Delay in benefits payment|94|
|,Low income- Benefits|3|
|Low income - Pension||
|Low income - Working|2'|
|.Debt|2|
|No Recourse to Public Funds e.g.asylum seeker||
|Grand Total|5,066|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|||Note|f.||F||
|Income from:|||||||
|Grants and Donations|||532,689|275,084|807,773|522,808|
|Investments|||1,440||1,440|12|
|Total income|||534,129|275,084|809,213|522,820|
|Expenditure
on:|||||||
|Raising funds|||540||540|1,064|
|Charitable
activities|||449,842|219,258|669,100|577,825|
|Total expenditure|||450,382|219,258|669,640|578,889|
|Net movement|in funds||83,747|55,826|139,573|(56,069)|
|Reconciliation|offunds:||||||
|Total funds brought
forward|||352,740|61,420|414,160|470,229|
|Net movement|in funds||83,747|55,826|139,573|(56,069)|
|Total funds carried forward|||436,487|117,246|553,733|414,160|
##
||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|
||||AS AT 31 MARCH 2023|||||
||||||2023||2022|
||||Note|||||
|Current assets||||||||
|Stocks|||10|49,739||36,072||
|Debtors|||11|9,173||15,238||
|Cash at bank|and|in hand||505,114||368,201||
|||||564,026||419,511||
|Creditors: amounts||falling due within one||||||
|year|||12|(10,293)||(5,351)||
|Total net assets|||||553,733||414,160|
|Charity funds||||||||
|Restricted funds|||13||117,246||61,420|
|Unrestricted|funds||13||436,487||352,740|
|Total funds|||||553,733||414,160|
##
##
##
||FOR TH|E YEAR END|ED 31 MARCH 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities|||135,473|(50,416)|
|Cash flows from investing|activities|||||
|Dividends,
interests
and rents from investments||||1,440|12|
|Net cash provided
by investing
activities||||1,440|12|
|Cash flows from financing|activities|||||
|Net cash provided
by financing
activities||||||
|Change
in cash and cash|equivalents
in|the year||136,913|(50,404)|
|Cash and cash equivalents|at the beginning|ofthe year||368,201|418,605|
|Cash and cash equivalents|at the end of|the year||505,114|368,201|
|The notes on pages 15to 29form part ofthese financial|||statements|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2023f|2023|2023|
|Donations|489,078||489,078|
|Grants|43,611|275,084|318,695|
||532,689|275,084|807,773|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2022f|2022f|2022f|
|Donations|347,072||347,072|
|Legacies|4,000||4,000|
|Grants|6,989|164,747|171,736|
||358,061|164,747|522,808|
##
##
##
##
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2023|2023|
|||E|
|Interest|1,440|1,440|
||Unrestricted|Total|
||funds|funds|
||2022|2022|
|Interest|12|12|
|6.|Expenditure|on raising funds|||
|---|---|---|---|---|
||Fundraisin|ex enses|||
||||Unrestricted|Total|
||||funds|funds|
||||2023|2023|
||||E|F|
||Fundraising|expenditure|540|540|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
||Fundraising|expenditure|1,064|1,064|
##
##
##
##
||Activities||
|---|---|---|
||undertaken|Total|
||directly|funds|
||2023|2023f|
|Foodbank|638,801|638,801|
|Advice|30,299|30,299|
||669,100|669,100|
|Activities||
|---|---|
|undertaken|Total|
|directly|funds|
|2022|2022|
|E|F|
|547,942|547,942|
|29,883|29,883|
|577,825|577,825|
##
##
##
||||||Total|
|---|---|---|---|---|---|
||||Foodbank|Advice|funds|
||||2023|2023|2023|
||||F|F||
|Staff costs|||97,615||97,615|
|Food Purchases|||305,041||305,041|
|Donated
Food|||177,561||177,561|
|Premises|||4,200||4,200|
|Legal &Benefits Advice||||30,299|30,299|
|Freelancers|||8,610||8,610|
|Recruitment|||1,699||1,699|
|Accountancy,|Finance &HR Fees||3,144||3,144|
|Printing
&Office|||2,804||2,804|
|Website & IT|||2,334||2,334|
|Bank & Finance Charges|||7||7|
|Transport
&Warehousing||Costs|26,004||26,004|
|Subscriptions|||90||90|
|Small Equipment|||1,816||1,816|
|Sundries|||3,773||3,773|
|Cleaning||||||
|Insurance|||1,241||1,241|
|Volunteer
&Donor Events|||1,913||1,913|
|PPE||||||
|Comms
& Marketing|||176||176|
|Governance|costs||773||773|
||||638,801|30,299|669,100|
##
##
##
|||||Total|
|---|---|---|---|---|
|||Foodbank|Advice|funds|
|||2022
f.|2022f|2022|
|Staff costs||53,463||53,463|
|Food Purchases||319,000||319,000|
|Donated
Food||76,500||76,500|
|Premises||1,750||1,750|
|Legal 8 Benefits Advice|||29,883|29,883|
|Freelancers||38,252||38,252|
|Recruitment||9,300||9,300|
|Accountancy,
Finance 8 HR Fees||2,250||2,250|
|Printing
&Office||2,084'||2,084|
|Website 8 IT||5,667||5,667|
|Bank 8 Finance Charges||5,098||5,098|
|Transport
&Warehousing|Costs|27,541||27,541|
|Subscriptions||157||157|
|Small Equipment||2,810||2,810|
|Sundries||1,117||1,117|
|Cleaning||998||998|
|Insurance||1,802||1,802|
|Volunteer 8 Donor Events|||||
|PPE||153||153|
|Comms
& Marketing|||||
|Governance
costs|||||
|||547,942|29,883|577,825|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|Wages and|salaries|||90,090|46,905|
|Social security costs||||4,772|5,151|
|Contribution|to defined|contribution|pension schemes|2,753|1,407|
|||||97,615|53,463|
|||||2023|2022|
|---|---|---|---|---|---|
|||||No.|No.|
|Directors||||10|12|
|Admin|and|frontline|staff|3|2|
||||||14|
##
##
|10.|Stocks||||
|---|---|---|---|---|
||||2023|2022|
||||F||
||Food Stock||49,739|36,072|
|11.|Debtors||||
||||2023|2022|
||Due within one|ear|||
||Other debtors||9,173|15,238|
||||9,173|15,238|
##
##
##
##
|||2023|2022|
|---|---|---|---|
|Trade creditors||5,685|2,584|
|Other taxation|and social security|2,628|434|
|Other creditors|||353|
|Accruals||1,980|1,980|
|||10,293|5,351|
##
||||Balance at 1|||Balance at 31|
|---|---|---|---|---|---|---|
||||April 2022
f|Income
f|Expenditure
f|March 2023|
|Unrestricted
funds|||||||
|General
Funds|||352,740|534,129|(450,382)|436,487|
|Restricted funds|||||||
|Garfield Weston|||10,000|40,000|(10,000)|40,000|
|Clarion
—Old Ford Community||Panel|5,000||(5,000)||
|London City Airport|Community|Fund||5,000|(5,000)||
|Action for Bow|||9,676|30,000|(39,676)||
|London Community|Response||8,247|||8,247|
|London Catalyst|||2,000||(2,000)||
|National
Lottery|||2,397|99,100|(78,582)|22,915|
|Belvedere Trust|||15,000|||15,000|
|Fishmongers||||36,984|(36,400)|584|
|Rausing||||50,000|(34,500)|15,500|
|Headley||||10,000||10,000|
|Celtic FC|||3,000|4,000|(7,000)||
|Rotary Club|||1,100||(1,100)||
|Aviva|||||||
|The Peter Stebbings|Memorial|Charity|5,000|||5,000|
||||61,420|275,084|(219,258)|117,246|
|Total offunds|||414,160|809,213|(669,640)|553,733|
##
##
##
##
##
##
##
##
##
##
##
##
##
|Statement offunds|- prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at|||Transfers|31 March|
|||1 April 2021|Income|Expenditure|in/out|2022|
||||||E|F|
|Unrestricted
funds|||||||
|General
Funds||418,709|358,073|(423,901)|(141)|352,740|
|Restricted funds|||||||
|Garfield Weston|||40,000|(30,000)||10,000|
|Clarion - Old Ford Community|||||||
|Panel|||5,000|||5,000|
|Action for Bow||10,750|30,000|(31,074)||9,676|
|London
Community|Response|3,000|8,247|(3,000)||8,247|
|London Catalyst|||2,000|||2,000|
|National
Lottery|||50,400|(48,003)||2,397|
|Belvedere Trust||7,898|15,000|(7,898)||15,000|
|Fishmongers||2,275||(2,275)|||
|Rausing||2,897||(2,897)|||
|Headley||24,700||(24,700)|||
|Celtic FC|||3,000|||3,000|
|Rotary Club|||1,100|||1,100|
|Aviva|||5,000|(5,141)|141||
|The Peter Stebbings|Memorial||||||
|Charity|||5,000|||5,000|
|||51,520|164,747|(154,988)|141|61,420|
|Total offunds||470,229|522,820|(578,889)||414,160|
##
##
##
##
|Analysis|of net|asset|s be|tween
funds - current|year|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2023|2023|2023|
||||||F|F||
|Current|assets||||446,780|117,246|564,026|
|Creditors|due|within|one|year|(10,293)||(10,293)|
|Total|||||436,487|117,246|553,733|
|Analysis|of net|asset|s be|tween
funds - prior ye|ar|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2022|2022|2022|
||||||F|E||
|Current|assets||||358,091|61,420|419,511|
|Creditors|due|within|one|year|(5,351)||(5,351)|
|Total|||||352,740|61,420|414,160|
||||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net
income/expenditure|||||for|the|year|(as|per|Statement|of|Financial|||
|Activities)|||||||||||||139,573|(56,069)|
|Ad'ustments||for:|||||||||||||
|Dividends,||interests||and rents||from|investments||||||(1,440)|(12)|
|Increase|in|stocks|||||||||||(13,667)|(17,471)|
|Decrease|in debtors||||||||||||6,065|24,385|
|Increase/(decrease)||||in|creditors||||||||4,942|(1,249)|
|Net cash||rovided|b|/|used in|o cretin||activities|||||135,473|(50,416)|
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||Cash at|bank and in|hand|505,114|368,201|
||Total cash and cash||e uivalents|505,114|368,201|
|17.|Analysis|ofchanges|in net debt|||
|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2022|Cash flows|2023|
||||||||f|F|
|||||||E|||
|Cash|at|bank|and|in|hand|368,201|136,913|505,114|
|||||||368,201|136,913|505,114|
##