2021-03-31-accounts - Ambition, Aspire, Achieve

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Reference and admi	lslndlve detalh	1
Trustees' Annual Report		2
Statement oftrustees'	nmpohlhllltiss	14
Independent examiners report		15
Staten»nt ofFinandal	ttVMes	13
Statement efFinancial Aonv Sum-prior year		14
Satanas sheet		15
Cash Sow statement		18
Notes tothe aeccwnts		21

			Reference and administrative details	Reference and administrative details	Reference and administrative details
Charity name					Amblgon, Aspire, Achieve
Charity mgtstradon				number	1167816
OFSTED registration				number	RP551$14
Regietemd and		Prlnalpal onlce			64 Stanford Road
					London
					ESSQS
Principal degvery			base		Tenence Brown Arc ln	the Park
					Hermit Road Park
					Begmg Avenue
					Canning Town
					E164JT
Tmetsse					ChrlsSne Bowden		Chair
					Cdin Andrew Grainger
					Ndlko Melba Pelhazy
					Haydn Poweg
					David Sums
					Robert Raberls- resigned		12November 2020
					Semh Rute
					Eustace BeNe-Vue
					Karen Ay
					Sharon Knur
					Steve Cameran
					John Bergin
					Carleene Lee-Phakoe-	appdnted			27August 2020
					Helen Pape-appointed	27August			2020
					Mark Btuart Perkins- appointed			1	Aprg 2021
Key msnaeement		personnel			Jonny Eaux -Chief Executive
					Paula Blake WpsraNons		Manager
					Terry Brown
					Lyn Brawn MP
					Glyn Hopkins
					Ricky Grover
Fundraislng	advkmr				Kevin Jenklns OBE		Deceased 7April 2021
Bankers					CAF Bank
					25Kings Hill Avenue
					West Maging
					ME194JQ
Legal Advisor					Paul Kaufman
Insureres					Amlur Jgegegher Broken
Accountants					tas Ondhls Ltd
					Chsrlered Gerated Accountants
					Charter House
					S-10Ststkm Rand
					Manor Park, London
					E125BT

The ilnanclsl posaon ofIhe charity st31 March 2021 an sccoums. can be eummsrlsed as loficws:-	d comparatlves for tlm prior period, a	s mms fusy detased In the
	2021	2020
tact lrlcorrm	tgt,882
Unrsstricted Revenue Funds avafiabts forthe general purposes ofthe charity	313,316	130,224
Restrictsd Revenue Funds	27,973	11,183
TotalFunds	341.289	149.407

	Cunenl year	Cuuuel yuw	Current year	Prior Year
	unmeldcled	nmalctud	Total Funds	Total Funds
	Funds	Funda
	2021
	e
Income from:
Grants and dcna0cne		424,267	730.2$3	466,411
Charitable sctiui0es	106,010		105,910	155,422
Total blcculo				821A33
Expendliwe on:
Raising funda				2,$70
Charitable actMUes	236,924	407,497	844,421	673,903
Total expenditure	238.024	407A$7	644A21	578I773
Net Income forthe year	175,002	10,780	1$1,$$2	45,080
Not mouamsnt In funds	175,082	18,790	101,6$2	45,0$0
Total funds brought forward	136,224	11,163	149,407	104347
Total funds cerned forward	313.31$	27.973	341,289	141A87

Ambition, Aspire, Achieve -Ana paragraph 4.2ofthe SORP	lysis ofprior year to	tal funds, as	required
	Prier Yon	Prior Year	Prier Ysw
	Umssblctsd	teebuasd	Telsl Funds
	Fume	Funds
	acts	ae30
	5	5
Income from:
Grants and donations Chsrgable scBYISea	211,051 155,422	255,380	460,411 155~
Total Income	355.473	255,$N	621 5$3
Expenditure on:
Raising fisrda	2,870		tr578
Charitable scgvlbea		275,375	S7$,9N
Total expert dlIllle	381.$N	275,$75	578.773
Nel Income forthe year	85.075	i20,015i	4S,ON
Not movement In funds	85,875	i20,016i	45,060
Total funda brought fonuard	73,150	31,107	104,$47
Total funds msnted forward	138,225	11,152	Idsrdbr

Ambition, Aspire,	Ach	ieve - Balan	ce Sh	eet as at31 Mmuh	2021
								2020
								8
Crnrsnt assets
Debkvs							22,410
Cruh st bonk arid In hend				627,372			215,324
Truer current assets				627,372			237,742
Cmdhorsr amourds ons year	fsEln0 duo within			~SL			88,335
Net cunsnt assets					341280			149,407
Tho total net assets	ofIho chsrhy				~341 80			149,407
Tha lotsl nat essate	oftho charity am		funded	by the funda ofthe	charily, ssfo8owsr-
Roslrlctsd funds
wrkicted Revenue Funds								11.183
Vnrestrlraod Funds
Unreskidsd Revenue	Funds				313,316			130,224
Total charity hinds								149W7
The linendal sksknorm		wwe sppnwed	by Ihs	Board rd Tnwtees on	28January 2022	and	wwe signed	on Itv
behalf by.
CHROTINE B						NNY BOUX
Trusaw						elExecuave

Cash Flow Statement for the	year end	ed	$1 tgarch 2021
					2020
Cash flows from operating actlvNes
Net cash pmvided by operenrg sciivnes ssshown			breow	312,048	93,111
Cash fiiows fiom financing ectfvfdes
Net cash pmvldsd by gnancing	act(vlties
Overall cash provided by all actlvtges				312.$4$	93.111
Cash movements
Change In cash and cash equivalents	from sctviSes		in the
yssr ended 31lAuch 2021				312,048	93,111
Cash and cash equivalents at 1 April	2020			215,324	122,213
Cash at bank snd in hand less overdrans		at	31Starch	$27,372
Reconciliation ofnet Income to	net cash	flow from operagng		activities
Nei Income as shown In the Statement ofFinancial			Acsvnes	191,882	45,080
Artfrmtmenm Au':-
Decreass/(Increase) In debtors				22,418	(19,049)
Increase In ciedgors, exrtuding loans				97,748	87,100
Net cash pnwided by operating	actlviges			312,INS
Analysis ofcash and cash equivalents
				2021	2020
				8	8
Cash in hand atforthe year ended 31 March 2021				527,372	215,324
Nagce deposils - (less then 3months)
Total cash and cash equivalents				527ITI	21582'

							2021	2020
								6
Gmss 8almlse exdudlng Iruetees snd key management				pmwmnel			319,0$7	288,295
Employers Naihmsl	Inewance for all einV						15,303	13,883
Emphryer's opem8ng	costs ofdegned contrgm5on		pension schemee				3,337	2,577
Toad salaries, wages and misted costs							337,727
Numbers ofemfdoyrnm end ibg Vme equivalents							2821
The average nmnthly	head count wss							93
The average monthly	number offull $me equivalent		smphryees		durring	Ihe year	27	23
Nellher the Inmieee	nor sny penmne connected	whh Ihmn have			mcelved any mmunera8cn		fmm Ihe charily	or any
misled enNy, eilher	in Ihe current or prior year.

7	Debtors
				2021	2020
				C	0
	Trade debtors				16,669
	Prepaymenis end accrued income				5,749
					32410
8	Craditomr amounts	falnng dus within one year		2021	2020
	Acuueh			4,200	4200
	PATE, NIC VAT and cerer taxes			5,212
	C0rer cred0ms			178,871	84,135
				108,883	$0,335
9	Income snd Expenditure		account sumnuuy	2021	2020
				R	2
	At1 Apr0 2028			149407	104,347
	surphu fcrthe year			191,502	45,060
	At31much 2021			341,2$8	149,407

							Furuu		Movwnmr			Fonda ewrled
							brousbt		nmd» Inmm			forwanl to
							hawanl bern			between		2422
							mm			funds	In 242t
									seo Hale 12	See Hale 0
							8		E		1
	Urlrsselelad snd deefcrmtod				frrrrifon
	Unnnllded	Revenue Funds					138224		175,092			313,310
	Total un	atrlolnd and	designated			funds	130r224		175,N2			313.316
	Rostdated	fundm-
	Resuldsd	Revenue Funds					11,183		10,790			27,973
	Taint mslrlalsd funds											27,073
	Total eharay funds											341209
12	Analysis	ofmovmnents		In	funds over the year aeshown			In Note 11
										Deter
							Innome		Epseru8tum	caine 8		¹avoment
										Losses		In funds
							2021		1021	202t		2021
							8		1		8	8
	Unentered and dsslsnelod				ftrndsn
	Unrssiiued	Revenue Funds					412,016		(230P34)			170,091
	Resefsmd	Amdsn
	Reslrided	Revenue Funds					424,107		(407r497)			18,790
												101,002
13	Ultimate	controglng	parly
	The chardr	ls under the ouniol			nfas	iuslees.

14	Income from grants	Income from grants	and donations	and donations	and donations
						Cuneut year	Cuneut ymr	Cunent year	Prior Year
						Un auricled	Retlutee	Total Funds	Total Funds
						Funds	Funds
						2021	2021
						E	E
	Grants snd donations
	Dcna5ons and giga					244,414		244,414	211,061
	Grants received						424267	424,287	255,360
	Furlough grants (CJRS)					61,592		61,592
	Total grants and	donations				306,006	424.207	730~3	468,411
	Total Income from grants and donations					30$.006	424207	730.293	466,411
15	Income from charitable			activities
						Cuneut year	Cuncut year	Current year	Prier Year
						Uu eetrktee	Restricted	Total Funds	Total Funds
						Fuses	Funds
						2021	2021
						E	E
	Primary purpose	and ancglary			trading
	Xmas bees sales					13.963		13,063	15,300
	Letting of properly far charitable				purposes	860		060	563
	Total Primary purpose		and	ancglary trading		14,823		14,S23	15,$03
10	Charitable income from			funders
						Current year	Clmunt feel	Cunent year	Prier Year
						Unrestricted	Restlleted	Total Funds	Toter Funds
						Fulute	Funds
						2021	2021	2021	2020
						E	E	E	E
	Contractual payments		from public bodies lo fund			charitable activities
	Landon Borough	of Newborn				76,327		76,327	139,559
	Bsmardo's					14,060		14,0$0
	Tctsl contractual	payments		from publk bodies		91,187		01,1S7	139,559
	Total Charitable	Income fram			fundere	01,1$7		01,1$7	139,559

17	Total Incom	e	aem ch	aritabl	e acdvhas
						Cununt year	Cunent year		Prier Year
						Unmastered	seas&ed		Total Fun*
						Funds	Funda
						5	e		8
						2821	2821
	Tohl income	from cher5sble eading				14,823		14A23	15,883
	Total cherasble		Income	ecm	fenders	91,187		91,107	139,559
	Total from chedtalNe			acdvldos					u
18	Expenditure		on chsrgabls		activities	~tytrsct spending
						Cunenr year	Ament year	Cwmnt year	Prior Year
						Unmslrlcasu	nssoluee	Total Funds	Total Fumls
						Funds	Funds
						2021	2921
						5	8
	Gross wages ocUYI8ss		and salaries		- charitable	66,801		$10,087	288,295
	Employee'	Nl	- Charitable		actlvNes	16,303		15.30$	13,883
	Delined contribution pension cosh- charitsbh activiTIss Consu5sncy expenses					3,337 16,397	24,506	3,337 2,577 40,09322,992
	Project costs Total direct spending					88,130 u	118,750 ~r	206,086 ~uu	163,717 ~ul

Expe	nditure on charil	able activities - Ch	aritable trading
			Cunenr year	Crslwlt year	Curmnt year	Prior Ysw
			Unrcculehd	Resrrldsd	Tout Funda	Toter Fumh
			Funds	Funds
			2921	ye21
			8	5
Cost	ofXmas trees		0,512		8,512	11,501
	Total sharltsbls	trading costs			8512	11,501

20	Support costs for charitable	Support costs for charitable	activities
			Culture	yua'	Cunaat year	0Unwlt ysw	Prior Year
			tin atttstad		Sestrtstad	Tutu Funds	Total Funds
			Fuses		Funds
			2821		Eeet	te21
			8		E	E
	Employee costs noi Included In direct costs
	Training and welfare - staff			1,079		1,079	1,298
	Travel snd subsistence -	staff		1,766		1,7SS	9,671
	Admin staff expenses			275		275
	Prwnlees Expsmnm
	Rent payable under operating		leases	6,602		8,802	6,878
	Rates and water charges			1,536		1,538	2,162
	Ught heat and power			2,488		2,486	5,888
	Premises repairs, rerwwals end maintenance			7,989	2,166	10,165	11,990
	Property insurance			6,461	9.893	16,154	12,513
	Adminlsfrsdve ovwheeds
	Telephone, fax and internet			2,860		2,880	7,606
	Satlonery and prlnBng			1,347		1,347	3,183
	AdverBslng and marketing			1,735		1,735	2,942
	Sundry expenses			108		108	112
	Independent examination	fees		4,200		4,200	5,099
	Total support costs
21	Other Expenditure -Governance costs
			Current	yssr	Cunuuyear	Cunsst year	Prior Ysu
			ualmlllsnd		nssutstsd	Tslal Funds	Tulal Feuds
			Funds		Funds
			2631		ysyt	teyt
			E		8	E
	Professional tees paid lo VreAuditor or In fepsntfent			Examiner In additfon		to audit end
	examlnetfon fees
						yey1
						E
	Fees paid to Ihe esesdner's	8rm		4,200		4,200	6,099
	Total addklonal fees Included costs at Nots 29		in support	4,200		4,200

22	Total Charitable		expenditure	expenditure
				Cunent year		Cunent year	CIInerd yore	Prior Year
				Vnnstrtstsd		~stated	Total Funds	Total Funds
				Funda		Funds
				2021		2021	2021	2020
				4		4	4
	Total direct spending			189,96S		396,638	50s,soe	491,464
	Total charitable	trading costs 8,512					8,612	11601
	Total support costs					11,859	60,303	70,938
	Total charitable oxpsndnure			230.924		407A07	844A21	673303
23	Expenditure on raising funds and costs ofinvestment				management
				Cunent year		Cumnt year	Cunent year	Prior Your
				teussetctsd			Traal Funds	Total Funds
				Funds		Funds
				m21		2821	2B21
				2		4	2
	Cost offundralslng		scSYNes					2,870
	Total	fundreisin9		costs				2.870