2022-06-30-accounts - Newway Project

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Financial Accounts for 12months to 30 Statement of Financial Activities	Financial Accounts for 12months to 30 Statement of Financial Activities	Financial Accounts for 12months to 30 Statement of Financial Activities	Financial Accounts for 12months to 30 Statement of Financial Activities	th June	2022.
Forthe Year ended 30th June 2022.								2022						2021
						General		Restricted		Total		General		Restricted		Total
Incorningfies ources
Incoming resources from			Grants, Donations	and
Legacies
Grants					E	32,0Z1	E	268,775	f	300,796	E	8,812	E	217,896	E	226,708
Donations						11,843			E	11,843	E	1,404			E	1,404
Bank Interest	received
Income from Charitable		Activities			E	17,692	E	220,232	E	237,924	E	19,882	E	138,701	E	158,583
Total Income						61,556		489,007		550,563	E	30,098	E	356,597	E	386,695
Expenditure
Expend iturenncharitable&ctivitjes
Salaries						9,790	f	195,605	E	205,395	E	6,631	E	149,246	f	155,877
Contractors						4,783	E	108,549		113,332	f	13,988	E.	9,590	E	23,578
Volunteer Expenses						1,36Z	E	489	E	1,851	E	665	E	266	E	931
Other Project Expenses						14,664	E	111,111	f	125,775	E	5,213	E	134,994	E	140,207
Insurance								2,574	f	2574	E	1,238	E	97	E	1,335
Support Costs						14,051	E	4,991	E	19,042	E	2,530	E	4,972	E	7,502
Total Expenditure						44,650		423,319		467,969	f	30,266	E	299,164	E	329,430
Surplus!(Deficit)	Income	over Expenditure				16,906	f	65,688	E	82,594	-E	168	E	57,433	E	57,265
Reserves brought	forward					76,615		72,713		149,328	E	76,783	E	15,280	E	92,063
Reserves carried	forward				E	93,521	E	138,401	E	231,922	E	76,615	E	72,713	E	149,328

as at 30June	202	2
								2022		2021
Fixed Assets							f	4,159		6,509
Current Assets
Debtors							E	46,076	E	74,141
Bank and Cash							E	187I144	f	74,318
Total Current Assets							E	233,2ZO	E	148,458
Creditors: Amounts		fallin	due within one
ear							F.	5,457	E	5,639
Net Current Assets								227,763	f	142,819
Net Assets							F	Z31,922		149,328
Reserves
General Fund								93a521	E	76,615
Restricted Funds							E	138,401	f	72,713
							E	231,922	f	149,328
These accounts were approved by the board of trustees on ~+it=	]'itc- Chair of NEWway Matthew Porter				l	Datrc gq I~ 7- 7		~)~P, .	~@- ~G ~
The notes that	follow form		part ofthe financial report	and accounts.

Grants					2022	2022						2021	2021
			Unrestricted Funds	Restricted		Funds	Total	Funds 2022		Unrestricted Funds	Restricted		Funds		Total Funds 2021
Ministry of Housing, Communities Government (MHCLG)	and Local					95,388		95,388			E	100,000		E	100,000
Homeless Link RRR2 programme			25,000					25,000
The London Community Foundation (DBOF)						14,834		14,834			E		15,141	f	15,141
East End Community Foundation (WEBCFF)											f		5,000	f	5,000
Greater London Authority						44,212		44,212			f		14,738	f	14,738
Bonny Downs Community Association			7,021			6,580		13,601			E		44,638	E	44,638
Housing Justice						28,955		28,955			f		18,411	E	18,411
National Lottery Covid response											E		19,968	E	19,968
Albert Hunt Trust						5,000		5,000
Drapers Charitable Fund						7,500		7,500
Mrs Smith and Mr Mount Trust						5,000		5,000
Newham Council (Mental Health 8 Wellbeing)						9,943		9,943
Newham 10Year Anniversary Small Grant Fund						1,680		1,680
Nationwide: Charities Trust						49,683		49,683
HMRC Employment allowance									E	5,428	E			E	5,428
Govt CJRS Grants									f	3,384	f			f	3,384
			32,021		268,775			300,796	E	8,812	E	217,896		E	226,708
Note on Government and Local Authority		Grants:
Total Government grants included	above			f	151,223		E	151,223	E		f	114,738		f	114,738

3	Income	from Charitable	from Charitable	Activities			2022							2021
					Unrestricted Funds	Restricted		Funds	Total Funds 2022			Unrestricted Funds	Restricted Funds			Total Funds 2021
	Housing	benefit			14,934					14,934		13,781			E	13,781
	Newday	services					220,232			220,232		6,101		138,701	E	144,802
	Other consultancy		and training		2,758					2,758	E
					17,692		220,232			237,924	E	19,882	E	138,701	E	158,583
4	Staff Costs and numbers									2022				2021
	Staff costs were as		follows
	Salaries	and wages							E	184,676			E	141,621
	Social security								E	16,595			E	11,305
	Pension								E	4124			E	2,951
	Total								E	205,395			E	155,877
	No emplyee received emoluments				of more than F40,000 (2021:nil)
	The average number of			employees	during the year was as follows
										2022				2021
										Employees	WTE			Employees	WTE
					Projects Delivery									8		4.95
					Project Administration									1		0.85
														9		5.8

Restricted Funds	Restricted Funds
The Income funds ofthe charity			include restricted funds comprising					the following
unexpended balances	ofdonations			and grants		held on trust for specific purposes
This year											Incoming		Resources
								Balance	as at 01		Resources		Expended	Balance as at
								July 2021			for year		in year	30th June 2022
Housing Justice									6,285		28,955		30,438		4,802
Winter Night Shelter (MHCLG)									742		95,388		96,130
Albert Hunt Charitable	Trust										5,000		5,000
Mrs Smith and Mount	Trust										5,000		5,000
Greater London Authority -Immigration									6,559		44,212		50,771
London Community Foundation,			Deutsche		Bank Opportunity		Fund				14,834		13,928		906
East End Community	Foundation			(Westfield		E Bank Creative	Fund)		3,982				3,982
NewDay centre (BOCA/CGL)									55,144		220,232		199,199		76,177
Nationwide											49,683		8,055		41,628
Garden											6,580		3,960		2,620
Iylental Health and Wellbeing											9,943		6,457		3,486
Newham 10Year Anniversary		5mall Grant									1,680				1,680
Draper Charitable Fund											7,500		399		7,102
									72,713		489,007		423,319		138,401
Prior Year											Incoming		Resources
								Balance as at1			Resources		Expended		Balance as at
								July 2020			for year		in year	30th June 2021
Housing Justice									10,279		18,411		22,405		6,285
The National Lottery	- Covid Response										19,968		19,968
Winter Night Shelter	(MHCLG)										100,000		99,258		742
Greater London Authority -Immigration											14,738		8,179		6,559
London Community Foundation,				Deutsche	Bank Opportunity		Fund				15,141		15,141
East End Community	Foundation			(Westfield		E Bank Creative	Fund)				5,000		1,018		3,982
NewDay Centre											183,339		128,195		55,144
Zlto									5,000				5,000
									15,279	E	356,597	E	299,164	E	72,713

Zlto: This was re-purposed	Zlto: This was re-purposed	This	was with the approval	was with the approval	ofthe donor.
7 Tangible Fixed Assets			Computer Equipment		Total
Cost
1stJuly 2021		E	10,520	E	10,520
Additions		E	1310	E	1310
Disposals		f		f
at 30June 2022		E	11,830	E	11,830
Accumulated Depreciation
1stJuly 2021			4,011	E	4,011
Charge for year			3,660	E	3,660
on disposals				f
At 30June 2022		E	7,671	E	7,671
Net Book Value
30Jun 2022		E	4159	E	4159
30June 2021		E	6,509	E	6,509
8 Debtors			2022				2021
Newday services Apr-Jun		E	46,076			E	74,141
		E	46,076			E	74,141
9 Creditors: amounts	falling due within one year
			2022				2021
Trade Creditors			3,035				1,588
Taxation and social	security		2,400				4,041
Accruals
Other creditors			22				10
		f	5,457			E	5,639