|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent<br>Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet|11|to|12|
|Cash Flow Statement||13||
|Notes to the Cash Flow Statement||14||
|Notes to the Financial Statements|15|to|21|
|Detailed Statement ofFinancial Activities||22||





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|BAsamoah-|Russell|(Appointed|26 January 2021)|
|---|---|---|---|
|GBhattacharya||(Appointed|26 January 2021)|
|IBurbidge||(Appointed|26 April 2021)|
|JBurey||(Appointed|26 January 2021)|
|MDaya||(Appointed|26 January 2021)|
|K Olarewaju||(Appointed|26 January 2021)|
|M Curtis||(Appointed|9November 2017)|



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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|||||
|INCOME|AND ENDOWMENTS FROM||||||||
|Donations|and legacies||||555,602|1,149,064|1,704,666|881,039|
|Investment|income||||49||49|68|
|Total|||||555,651|1,149,064|1,704,715|881,107|
|EXPENDITURE||ON|||||||
|Charitable|activities||||||||
|Charitable|activites||||401,310|872,656|1,273,966|778,407|
|NET INCOME|||||154,341|276,408|430,749|102,700|
|Transfers|between|funds||12|(18,891)|18,891|||
|Net movement<br>in||funds|||135,450|295,299|430,749|102,700|
|RECONCILIATION|||OF FUNDS||||||
|Total funds|brought|forward|||43,828|319,737|363,565|260,865|
|TOTAL FUNDS CARRIED FORWARD|||||179,278|615,036|794,314|363,565|





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||31M|arch 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets||3,070||3,070|8,509|
|CURRENT ASSETS||||||
|Debtors|10|184,430|196,650|381,080|185,409|
|Cash at bank||4,913|418,386|423,299|217,079|
|||189,343|615,036|804,379|402,488|
|CREDITORS||||||
|Amounts<br>falling due within one year|11|(13,135)||(13,135)|(47,432)|
|NET CURRENT ASSETS||176,208|615,036|791,244|355,056|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||179,278|615,036|794,314|363,565|
|NET ASSETS||179,278|615,036|794,314|363,565|
|FUNDS|12|||||
|Unrestricted<br>funds||||179,278|43,828|
|Restricted<br>funds||||615,036|319,737|
|TOTAL FUNDS||||794,314|363,565|






## 

||||for the year ended|31March 2022||
|---|---|---|---|---|---|
|||||2022|2021|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated<br>from operations||||206,171|(97,480)|
|Net cash provided<br>by/(used|in) operating||activities|206,171|(97,480)|
|Cash flows from investing|activities|||||
|Purchase oftangible<br>fixed assets|||||(9,765)|
|Interest received||||49|68|
|Net cash provided<br>by/(used|in) investing||activities|49|(9,697)|
|Change in cash and cash equivalents||in||||
|the reporting<br>period||||206,220|(107,177)|
|Cash and cash equivalents|at the|||||
|beginning<br>ofthe reporting|period|||217,079|324,256|
|Cash and cash equivalents|at the end||of|||
|the reporting<br>period||||423,299|217,079|





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||||Notes to the Cash Flow Statement<br>for the year ended 31March 2022|Notes to the Cash Flow Statement<br>for the year ended 31March 2022|||
|---|---|---|---|---|---|---|
|RECONCILIATION|||OFNET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES||
||||||2022|2021|
|Net income|for the|reporting||period (as per the Statement ofFinancial|||
|Activities)|||||430,749|102,700|
|Adjustments|for:||||||
|Depreciation|charges||||5,439|2,071|
|Interest received|||||(49)|(68)|
|Increase in debtors|||||(195,671)|(133,286)|
|Decrease in|creditors||||(34,297)|(68,897)|
|Net cash provided||by/(used||in) operations|206,171|(97,480)|
|ANALYSIS|OF CHANGES|||IN NET FUNDS|||
|||||At 1.4.21|Cash flow|At 31.3.22|
|Net cash|||||||
|Cash at bank||||217,079|206,220|423,299|
|||||217,079|206,220|423,299|
|Total||||217,079|206,220|423,299|





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|DONATIONS<br>AND LEGACIES|||
|---|---|---|
||2022|2021|
|Donations|681,174|526,652|
|Grants|1,023,492|354,387|
||1,704,666|881,039|





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||||||2022|2021|
|---|---|---|---|---|---|---|
||Sport England||||70,000|76,160|
||National Lottery Heritage|Fund|||9,878|156,560|
||JLC Small Grants||||100,000||
||LBB- Mental Health 4 Wellbeing||||74,000||
||Violence Reduction Unit||||374,905||
||National<br>Lottery Community||Grant - Valuing Life||164,088||
||Other grants||||230,621|121,667|
||||||1,023,492|354,387|
|3.|INVESTMENT INCOME||||||
||||||2022|2021|
||Deposit account interest||||49|68|
|4.|CHARITABLE ACTIVITIES COSTS||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 5)|Totals|
||Charitable<br>activites|||1,027,862|246,104|1,273,966|
|5.|SUPPORT COSTS||||||
||||||Governance||
||||Management|Finance|costs|Totals|
||Charitable<br>activites||218,887|160|27,057|246,104|
|6.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)|is|stated after charging/(crediting):||||
||||||2022|2021|
||Auditors'<br>remuneration||||7,533|8,856|
||Depreciation - owned assets||||5,439|2,071|





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|COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Donations<br>and legacies||209,389|671,650|881,039|
|Investment<br>income||68||68|
|Total||209,457|671,650|881,107|
|EXPENDITURE ON|||||
|Charitable<br>activities|||||
|Charitable<br>activites||253,861|524,546|778,407|
|NET INCOME/(EXPENDITURE)||(44,404)|147,104|102,700|
|RECONCILIATION|OF FUNDS||||
|Total funds brought<br>forward||88,232|172,633|260,865|
|TOTAL FUNDS CARRIED FORWARD||43,828|319,737|363,565|
|TANGIBLE FIXEDASSETS|||||
|||Fixtures|||
|||alld|Computer||
|||fittings|equipment|Totals|
|COST|||||
|At 1 April 2021 and 31March 2022||756|16,165|16,921|
|DEPRECIATION|||||
|At 1 April 2021||705|7,707|8,412|
|Charge for year||51|5,388|5,439|
|At 31March 2022||756|13,095|13,851|
|NET BOOK VALUE|||||
|At 31March 2022|||3,070|3,070|
|At 31March 2021||51|8,458|8,509|





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## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|Trade debtors|||||||207,080|50,400|
|Prepayments<br>and accrued|||income||||174,000|135,009|
||||||||381,080|185,409|
|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE||YEAR|||
||||||||2022|2021|
|Trade creditors|||||||3,259|30,808|
|Other creditors|||||||3,376|741|
|Accruals and deferred||income|||||6,500|15,883|
||||||||13,135|47,432|
|MOVEMENT IN|FUNDS||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted<br>funds|||||||||
|General<br>fund|||||43,828|154,341|(18,891)|179,278|
|Restricted funds|||||||||
|Wembley National|Stadium|||Trust|49,799|(4,168)||45,631|
|LBB- Early Help Detached||||and Outreach|98,908|5,649||104,557|
|Sport England|||||47,821|(22,559)||25,262|
|Metropolitan<br>Thames Valley||||Housing|33,093|(16,085)||17,008|
|National<br>Lottery Heritage|||Fund||90,116|(17,722)||72,394|
|Neighbourhood<br>Community||||Infrastructure|||||
|Levy - Aspire||||||8,350||8,350|
|Brent Black Community|||Action Plan|||14||14|
|C-19Brent Inspired|Futures|||||(18,891)|18,891||
|Community<br>Safety|- Global|||Thinking||30,586||30,586|
|JLC Small Grants||||||43,312||43,312|
|LBBMental Health|k,|Wellbeing||||49,284||49,284|
|Violence Reduction|Unit|||||191,135||191,135|
|National<br>Lottery Community||||Grant-|||||
|Valuing Life||||||27,503||27,503|
||||||319,737|276,408|18,891|615,036|
|TOTAL FUNDS|||||363,565|430,749||794,314|





## 

## 

## 

||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
|Unrestricted<br>funds||||||||
|General fund|||||555,651|(401,310)|154,341|
|Restricted funds||||||||
|Wembley National|Stadium||Trust|||(4,168)|(4,168)|
|LBB - Early Help Detached|||and Outreach||66,900|(61,251)|5,649|
|Sport England|||||70,000|(92,559)|(22,559)|
|Metropolitan<br>Thames Valley||||Housing|13,476|(29,561)|(16,085)|
|National<br>Lottery Heritage||Fund|||9,878|(27,600)|(17,722)|
|Neighbourhood<br>Community|||Infrastructure|||||
|Levy - Aspire|||||13,750|(5,400)|8,350|
|Brent Black Community||Action Plan|||11,064|(11,050)|14|
|Brent Goes Wild|||||90,000|(90,000)||
|C-19Brent Inspired|Futures||||30,000|(48,891)|(18,891)|
|Community<br>Safety|- Global||Thinking||120,175|(89,589)|30,586|
|JLC Small Grants|||||100,000|(56,688)|43,312|
|Kickstart Scheme|||||10,828|(10,828)||
|LBBMental Health|&Wellbeing||||74,000|(24,716)|49,284|
|Violence Reduction|Unit||||374,905|(183,770)|191,135|
|National<br>Lottery Community||||Grant-||||
|Valuing Life|||||164,088|(136,585)|27,503|
||||||1,149,064|(872,656)|276,408|
|TOTAL FUNDS|||||1,704,715|(1,273,966)|430,749|
|Comparatives<br>for|movement|||in funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.20|in funds|31.3.21|
|Unrestricted<br>funds||||||||
|General fund|||||88,232|(44,404)|43,828|
|Restricted funds||||||||
|Wembley National|Stadium||Trust||36,132|13,667|49,799|
|LBB- Early Help Detached|||and Outreach|||98,908|98,908|
|Sport England|||||34,194|13,627|47,821|
|Metropolitan<br>Thames Valley||||Housing||33,093|33,093|
|National<br>Lottery Heritage||Fund|||102,307|(12,191)|90,116|
||||||172,633|147,104|319,737|
|TOTAL FUNDS|||||260,865|102,700|363,565|





## 

||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted<br>funds||||||
|General fund|||209,457|(253,861)|(44,404)|
|Restricted funds||||||
|Wembley National|Stadium|Trust|13,667||13,667|
|LBB- Early Help Detached||and Outreach|349,813|(250,905)|98,908|
|Sport England|||76,160|(62,533)|13,627|
|Metropolitan<br>Thames Valley||Housing|45,450|(12,357)|33,093|
|National<br>Lottery Heritage Fund|||156,560|(168,751)|(12,191)|
|Greater London Authority|||30,000|(30,000)||
||||671,650|(524,546)|147,104|
|TOTALFUNDS|||881,107|(778,407)|102,700|



||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.20|in funds|funds|31.3.22|
|Unrestricted<br>funds||||||||
|General fund||||88,232|109,937|(18,891)|179,278|
|Restricted funds||||||||
|Wembley National|Stadium||Trust|36,132|9,499||45,631|
|LBB- Early Help Detached|||and Outreach||104,557||104,557|
|Sport England||||34,194|(8,932)||25,262|
|Metropolitan<br>Thames Valley|||Housing||17,008||17,008|
|National<br>Lottery Heritage||Fund||102,307|(29,913)||72,394|
|Neighbourhood<br>Community|||Infrastructure|||||
|Levy - Aspire|||||8,350||8,350|
|Brent Black Community||Action Plan|||14||14|
|C-19Brent Inspired|Futures||||(18,891)|18,891||
|Community<br>Safety|- Global||Thinking||30,586||30,586|
|JLC Small Grants|||||43,312||43,312|
|LBBMental Health|4 Wellbeing||||49,284||49,284|
|Violence Reduction|Unit||||191,135||191,135|
|National<br>Lottery Community|||Grant-|||||
|Valuing Life|||||27,503||27,503|
|||||172,633|423,512|18,891|615,036|
|TOTAL FUNDS||||260,865|533,449||794,314|





## 

## 

|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|Unrestricted<br>funds|||||||
|General fund||||765,108|(655,171)|109,937|
|Restricted funds|||||||
|Wembley National|Stadium||Trust|13,667|(4,168)|9,499|
|LBB - Early Help Detached|||and Outreach|416,713|(312,156)|104,557|
|Sport England||||146,160|(155,092)|(8,932)|
|Metropolitan<br>Thames Valley|||Housing|58,926|(41,918)|17,008|
|National<br>Lottery Heritage||Fund||166,438|(196,351)|(29,913)|
|Greater London Authority||||30,000|(30,000)||
|Neighbourhood<br>Community|||In&astructure||||
|Levy - Aspire||||13,750|(5,400)|8,350|
|Brent Black Community||Action Plan||11,064|(11,050)|14|
|Brent Goes Wild||||90,000|(90,000)||
|C-19Brent Inspired|Futures|||30,000|(48,891)|(18,891)|
|Community<br>Safety - Global|||Thinking|120,175|(89,589)|30,586|
|JLC Small Grants||||100,000|(56,688)|43,312|
|Kickstart Scheme||||10,828|(10,828)||
|LBBMental Health|4, Wellbeing|||74,000|(24,716)|49,284|
|Violence Reduction|Unit|||374,905|(183,770)|191,135|
|National<br>Lottery Community|||Grant-||||
|Valuing Life||||164,088|(136,585)|27,503|
|||||1,820,714|(1,397,202)|423,512|
|TOTAL FUNDS||||2,585,822|(2,052,373)|533,449|



## 



|||||Young Srent Foundation|||
|---|---|---|---|---|---|---|
|||||Detailed Statement ofFinancial Activities|||
|||||for the year ended 31March 2022|||
||||||2022|2021|
|INCOME AND||ENDOWMENTS|||||
|Donations<br>and legacies|||||||
|Donations|||||681,174|526,652|
|Grants|||||1,023,492|354,387|
||||||1,704,666|881,039|
|Investment<br>income|||||||
|Deposit account||interest|||49|68|
|Total incoming||resources|||1,704,715|881,107|
|EXPENDITURE|||||||
|Charitable<br>activities|||||||
|Sundries|||||1,027,862|508,043|
|Support costs|||||||
|Management|||||||
|Insurance|||||1,314|1,194|
|Sundries||||||23,365|
|Computer<br>costs|||||5,900|7,789|
|Project support|||||195,173|183,395|
|Stafftraining|||||9,236|14,646|
|Rent||||||7,880|
|Travel|||||1,825|3,853|
|Depreciation|oftangible||and heritage|assets|5,439|2,071|
||||||218,887|244,193|
|Finance|||||||
|Bank charges|||||160|289|
|Governance|costs||||||
|Auditors'<br>remuneration|||||7,533|8,856|
|Accountancy|fees||||17,916|10,297|
|Legal fees|||||1,608|6,729|
||||||27,057|25,882|
|Total resources|expended||||1,273,966|778,407|
|Net income|||||430,749|102,700|