| Pages | |||
|---|---|---|---|
| Reference and Administrative | Details | ||
| Trustees' Report |
2-9 | ||
| Independent Auditor's |
Report | ||
| Statement of Financial | Activities | 14 | |
| Balance Sheet | 15 | ||
| Cash Flow Statement | 16 | ||
| Notes to the FinancialStatements | 17-30 |
HARROW TOGETHER LTD {KNOWN AS HARROW GIVING) REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF MARROW TOGETHER LTD Auditorfs responsibilitieslor the audit of ihe financial statements Oui objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstaternent, whether due to fraud or error. ènd to 155ue an auditorf5 report that includes opinion. Reasonable assurance is a high level ol assurènce, but is not a gLsarantee that an èudit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. indivldually or in the aggregate, they could reasonably be expecred to influence the econotnic decisions ol users taken on the basis of these fSnancial statements. Irregularitie5, including fraud. are instances of non<ompliance with laws 3nd regulations. We design proCedUS in line with our responsibilities, outlined above, to detect material mi5Statements in respect of irregularities, including fraud. The Specific prcKedures for this engagernent and the exteni to which these are capable of detecting irregularitie5. including fraud is detailed below.. Enquiry of rllanagement and those chaf8ed with governance around actual and potential litigation and clairns as well as actual, suspected and alleged fraud," Reviewin8 minutes of rneetings of thuse charged with governance,. A55e55lQ8 the extent of compliance with thp laws and reBulatic)ns considered to have a dirett material effect on the financial statements or the operations of the company thmugh enquiry and inspection. Reviewing financial statement dssclosures and testin8 to supporting dgcumentation to assess compliance wtth applicable laws and regulations., Performing audit work over the risk of mana8ement bias and override of controls, includin8 testin8 of jovrnal entries and other adjustments for appropriateness. evaluating the business rationale of significant transattions outside the nomial course of business and wiewing accountln8 estimates for indicators ol potential bias. Because ol the inheient limit3tion5 01 an audit, rhere is a rlsk that we will not derett all irre8ularities, includin8 those leadin8 to a material misstatement in ihe financial starements or non-compli3nce with regulation. This risk increases the more that complianie with a law or re8ulation is removed from the events and transattioTrs reflected in the financial staternents, as we will be less likely io become aware of instances of non<ompliance. The risk is also greater regarding irre8ulariiies occurring due to fraud rather than error, as fraud involves intentional concealment, lor8ery, collusion, omission or misrepresentation. A further description ol our responsibilities is available on the Financial Reporting Councyl's website at.. https-.//www.frc.org.uk/Our-WorklA¢JdiVAudit-and-a55urance/StandaTd5-and-8uidancelStandards-and- guidance -for-auditors/Auditor5-respOnsibilities-for-audit/Destriptn-8udit0lS-resp0n5ibIlities-for-aUdff(.asx. This description form5 part ol our auditorfs report. PaÉe 12
| Notes | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| f | f | f | f | |||
| Income: | ||||||
| Donations and legacies |
9,348 | 7,633 | 16,981 | 13,918 | ||
| Charitable activities |
217,600 | 811,847 | 1,029,447 | 951,065 | ||
| Other income | 152 | |||||
| Tota I income | 226,948 | 819,480 | 1,046,428 | 965,135 | ||
| Expenditure: | ||||||
| Charitable activities |
244,820 | 890,107 | 1,134,927 | 943,160 | ||
| Tota Iexpenditure | 244,820 | 890,107 | 1,134,927 | 943,160 | ||
| Net (expenditure)/income | (17,872) | (70,627) | (88,499) | 21,975 | ||
| Transfers between | funds | 12/13 | (1,941) | 1,941 | ||
| Net movements in |
funds | (19,813) | (68,686) | (88,499) | 21,975 | |
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 70,124 | 223,575 | 293,699 | 271,724 | |
| Total funds carried | forward | 14 | 50,311 | 154,889 | 205,200 | 293,699 |
| Notes | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Current assets | |||||||
| Debtors | 9 | 100,000 | 398,319 | ||||
| Cash and bank | 306,903 | 295,276 | |||||
| 406,903 | 693,595 | ||||||
| Creditors: Amounts | falling due within | ||||||
| one year | 10 | (201,703) | (399,896) | ||||
| Net current | assets | 205,200 | 293,699 | ||||
| Net assets | 205,200 | 293,699 | |||||
| Restricted funds | 13 | 154,889 | 223,575 | ||||
| Unrestricted | funds | 12 | |||||
| General funds | 31,819 | 31,042 | |||||
| Designated | funds | 18,492 | 39,082 | ||||
| Total funds | 14 | 205,200 | 293,699 |
| Note | 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| f | f | |||||||||
| Cash flows from operating | activities: | |||||||||
| Net cash | (expenditure)/income | 11,627 | (57,129) | |||||||
| 11,627 | (57,129) | |||||||||
| Change | in cash and | cash equivalents | in the year | 11,627 | (57,129) | |||||
| Cash and cash equivalents | brought | forward | 295,276 | 352,405 | ||||||
| Cash and cash equivalents | carried | forward | 306,903 | 295,276 | ||||||
| A. | RECONCILIATION | OF NET | MOVEMENTS | IN | FUNDS TO | NET CASH FLOW | FROM OPERATING | |||
| ACTIVITIES | ||||||||||
| 2023 | 2022 | |||||||||
| f | ||||||||||
| Net income | for the year (as | per | the Statement | of Financial | Activities) | (88,499) | 21,975 | |||
| Adjustments | for: | |||||||||
| (Increase) in |
debtors | 298,319 | (240,426) | |||||||
| Increase in creditors |
(198,193) | 161,322 | ||||||||
| Balance | 11,627 | (57,129) |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| 2023 f |
2023f | 2023 f |
2022 f |
|
| Donations from individuals |
9,348 | 7,633 | 16,981 | 13,918 |
| Year end 2022 | 4,151 | 9,767 | 13,918 | |
| INCOME FROM CHARITABLE ACTIVITIES | ||||
| Unrestricted | Restricted | Total | Total | |
| 2023 | 2023 | 2023 | 2022 | |
| f | f | f | f | |
| Grants and donations | 217,600 | 811,847 | 1,029,447 | 951,065 |
| Year end 2022 | 184,800 | 766,265 | 951,065 |
| 4. | GRANTS AND DONATlONS | GRANTS AND DONATlONS | GRANTS AND DONATlONS | GRANTS AND DONATlONS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||
| 2023 | 2023 | 2023 | 2022 | |||||||
| f | f | f | ||||||||
| London | Borough of | Harrow | 217,600 | 602,218 | 819,818 | 675,794 | ||||
| Harrow | Collaborative | Network | 21,529 | 21,529 | 54,896 | |||||
| Healthsense | 16,237 | |||||||||
| Sphere | 13,396 | 13,396 | 29,931 | |||||||
| Health Alliance | 14,141 | 14,141 | 23,089 | |||||||
| Harrow | East | 5,079 | 5,079 | 30,478 | ||||||
| Central | London Community | Healthcare | Trust | 144,444 | 144,444 | 101,140 | ||||
| London | Sport | 2,500 | ||||||||
| Young Harrow Foundation |
2,000 | |||||||||
| Voluntary Action Harrow |
CIC | 15,000 | ||||||||
| Greater | London Authority | 11,040 | 11,040 | |||||||
| 217,600 | 811,847 | 1,029,447 | 951,065 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||||
| f | f | f | f | ||||
| Accountancy | 11,939 | 11,939 | 158 | ||||
| Audit | 9,180 | ||||||
| Advertising/Promotional | (6) | (6) | 480 | ||||
| AGM | 38 | 38 | |||||
| Away Days | 3,186 | 3,186 | |||||
| Bank charges | 103 | 30 | 133 | ||||
| Co-ordination and |
representation | ||||||
| service e.g. VCS | Forum | 10,062 | 10,062 | 10,450 | |||
| Community Sector Representatives |
2,000 | ||||||
| Consultancy | 3,602 | ||||||
| Covid-19 expenditure | 238,638 | 238,638 | 370,559 | ||||
| Dues and subscriptions | 233 | 233 | 35 | ||||
| Fundraising 5capacity building | 53,500 | 53,500 | 53,500 | ||||
| Fundraising service (Capable |
|||||||
| Communities) | (3,197) | (3,197) | |||||
| Grant payments | 400,320 | 400,320 | 99,147 | ||||
| Grant management | 6,000 | ||||||
| Information and |
Advice service | 141,876 | 141,876 | 103,576 | |||
| Insurances | 2,960 | 2,960 | 2,589 | ||||
| Lead organisation | standard | 9,984 | 9,984 | 9,984 | |||
| Hospital Discharge |
199,889 | 199,889 | 46,637 | ||||
| Legal | 5,486 | 5,486 | |||||
| Refreshments | 15 | 15 | |||||
| Room Hire | 377 | 1,413 | 1,790 | ||||
| Operational supervision |
(200) | ||||||
| S P Link Worker | 49,155 | 49,155 | 176,521 | ||||
| S P Management | Post | 3,626 | 3,626 | 43,512 | |||
| Shared training, | promotion, | transport | |||||
| and other | 5,000 | 5,000 | 5,000 | ||||
| Volunteer expenses |
20 | ||||||
| Sundry expenses | 300 | 300 | 322 | ||||
| 244,820 | 890,107 | 1,134,927 | 943,160 | ||||
| Year end 2022 | 200,784 | 742,376 | 943,160 |
| Support costs allocate | d to charitable activities |
|||
|---|---|---|---|---|
| Administration | Total | Total | ||
| costs | 2023 | 2022 | ||
| E | E | E | ||
| Social Prescribing | 13,875 | 13,875 | 3,319 | |
| Care Act - Information | 8 Advice | 10,240 | 10,240 | 6,164 |
| Help Harrow | 14,394 | 14,394 | 12,736 | |
| 3~Sector Services | 3,000 | 3,000 | 3,000 | |
| Hospita I Disch arge |
500 | 500 | ||
| London Sport | 60 | |||
| 42,009 | 42,009 | 25,279 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Audit fees | f | f | ||||
| Audit ofthe | financial | statements | (inclusive of VAT) | 7,200 | 6,000 | |
| Other auditors remuneration | ||||||
| Preparation | of the accounts (inclusive of VAT) | 3,600 | 1,667 | |||
| Taxation (inclusive of | VAT) | 780 | 780 | |||
| 11,580 | 8,447 | |||||
| 9. | DEBTORS | |||||
| 2023 | 2022 | |||||
| f | ||||||
| Trade debtors | 100,000 | 398,000 | ||||
| Prepayments | 319 | |||||
| 100,000 | 398,319 | |||||
| 10. | CREDITORS: Amounts | falling due | within one year | |||
| 2023 | 2022 | |||||
| f | ||||||
| Trade creditors | 73,997 | 33,078 | ||||
| Accruals | 37,706 | 55,817 | ||||
| Deferred income |
90,000 | 311,001 | ||||
| 201,703 | 399,896 | |||||
| 11. | DEFERRED INCOME | |||||
| 2023 | 2022 | |||||
| f | f | |||||
| At 1April | 311,001 | 55,584 | ||||
| Additions during the |
year | 90,000 | 311,001 | |||
| Amounts released to |
income | (311,001) | (55,584) | |||
| At 31March | 2023 | 90,000 | 311,001 |
| 12. | UNRESTRICTED FUNDS —CURRENT YEAR | UNRESTRICTED FUNDS —CURRENT YEAR | UNRESTRICTED FUNDS —CURRENT YEAR | UNRESTRICTED FUNDS —CURRENT YEAR | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | April | Income | Expenditure | Transfers | 31March | ||||
| 2022 | 2023 | ||||||||
| UNRESTRICTED FUNDS | f | ||||||||
| General | |||||||||
| Core | 31,042 | (36,560) | 37,337 | 31,819 | |||||
| Harrow Giving |
9,348 | (9,348) | |||||||
| DesiDDnated | |||||||||
| Business development | 30,000 | (24,694) | 5,306 | ||||||
| Care Act Information | and Advice | 157,600 | (156,860) | (735) | 5 | ||||
| 3' Sector Services | 9,082 | 60,000 | (51,400) | (4,501) | 13,181 | ||||
| Total unrestricted | funds | 70,124 | 226,948 | (244,820) | (1,941) | 50,311 | |||
| UNRESTRICTED FUNDS —PRIOR YEAR | |||||||||
| 1 | April | Income | Expenditure | Transfers | 31March | ||||
| 2021 | 2022 | ||||||||
| UNRESTRICTED FUNDS | f | E | E | f | f | ||||
| General | |||||||||
| Core | 58,516 | 4,151 | (26,724) | (4,901) | 31,042 | ||||
| ~Desi neted | |||||||||
| Business development | 30,000 | 30,000 | |||||||
| Care Act Information | and Advice | 124,800 | (118,560) | (6,240) | |||||
| 3'~Sector Services | 7,582 | 60,000 | (55,500) | (3,000) | 9,082 | ||||
| Total unrestricted | funds | 66,098 | 188,951 | (200,784) | 15,859 | 70,124 |
| RESTRICTED FUNDS | —CURRE | NT YEAR | |||||
|---|---|---|---|---|---|---|---|
| 1April | Income | Expenditure | Transfers | 31March | |||
| 2022 | 2023 | ||||||
| RESTRICTED FUNDS | E | ||||||
| Social Prescribing | 85,271 | (19,770) | (34,585) | 30,916 | |||
| Covid-19 Awareness | Fund (CAF) | 3,879 | (3,879) | ||||
| Edward Harvest Trust |
32,905 | (32,905} | |||||
| Harrow Giving |
7,949 | 4,125 | (20,415) | 18,517 | 10,176 | ||
| Help Harrow | 84,067 | 276,778 | (283,151) | (1,560) | 76,134 | ||
| Harrow Health and Wellbeing |
80,152 | 80,000 | (145,517) | (9,625) | 5,010 | ||
| Health Inequalities |
18,540 | (2,752) | 15,788 | ||||
| Hospital Discharge |
28,919 | 154,444 | (230,599) | 36,236 | (11,000) | ||
| The Afghan Refugee Appeal |
69 | 200 | (269) | ||||
| Harrow Warm Hubs Fund |
102,999 | (99,857) | (3,143) | (1) | |||
| Vaccine Hesitancy | 26,000 | (17,114) | (20) | 8,866 | |||
| Ukraine refugees | 16,758 | (16,758) | |||||
| Care Home Support | 40,000 | (21,000) | 19,000 | ||||
| Total restricted funds |
223,575 | 819,480 | (890,107) | 1,941 | 154,889 | ||
| RESTRICTED FUNDS —PRIOR | YEAR | ||||||
| 1April | Income | Expenditure | Transfers | 31March | |||
| 2021 | 2022 | ||||||
| RESTRICTED FUNDS | f | f | |||||
| Care Act —information | L Advice | (76) | 76 | ||||
| Social Prescribing | 3 | 223,727 | (220,591) | (3,139) | |||
| Covid-19 Awareness | Fund (CAF} | 148,388 | 15,000 | (159,509} | 3,879 | ||
| Covid-19 Crisis Fund | 18,606 | (18,606) | |||||
| Edward Harvest Trust |
1,669 | (1,669) | |||||
| Harrow Giving |
2,965 | 5,698 | (714) | 7,949 | |||
| Help Harrow | 14,060 | 254,795 | (172,052) | (12,736) | 84,067 | ||
| London Sport | 5,500 | 2,500 | (7,940) | (60) | |||
| National Lottery Community |
Fund | 14,511 | (14,511) | ||||
| Harrow Health and Wellbeing |
80,152 | 80,152 | |||||
| Health Inequalities |
50,000 | (31,460) | 18,540 | ||||
| Hospital Discharge |
75,556 | (46,637) | 28,919 | ||||
| Isolation Grants | 62,687 | (62,687) | |||||
| The Afghan Refugee |
Appeal | 6,069 | (6,ooo) | 69 | |||
| Total restricted funds |
205,626 | 776,184 | (742,376) | (15,859) | 223,575 |
| 14. | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||
|---|---|---|---|---|---|---|
| General | Designated | Restricted | 2023 | |||
| funds | funds | funds | Total funds | |||
| f | f | |||||
| Current | asset | 43,399 | 18,492 | 345,012 | 406,903 | |
| Current | liabilities | (11,580) | (190,123) | (201,703) | ||
| Tota I net assets | 31,819 | 18,492 | 154,889 | 205,200 | ||
| Prior year | General | Designated | Restricted | 2022 | ||
| funds | funds | funds | Totalfunds | |||
| f | f | |||||
| Current | asset | 40,222 | 39,082 | 614,291 | 693,595 | |
| Current | liabilities | (9,180) | (390,716) | (399,896) | ||
| Total net assets | 31,042 | 39,082 | 223,575 | 293,699 |