REGISTERED CHARITY NUMBER: 1172663
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
CLAPTON SUPPORT AND ADVICE
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
CLAPTON SUPPORT AND ADVICE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The advancement of the education and education in general, relief of poverty, sickness and infirmity.
History, vision and activities
The charity was established in 2017 solely to help those less fortunate. This includes numerous families living in the deprived boroughs of Hackney and Haringey that are severely affected by poverty, illness and infirmity which detrimentally affects their wellbeing and that of their children.
The charity offers intensive yet practical support for such parents and children so that their outcomes are improved. We distribute food, clothing and other necessities to alleviate their poverty. The parents learn to identify and face their challenges through counselling and financial capabilities classes bestowing them with the skills and confidence to sustain positive changes and lead fulfilling productive lives. We also empower parents and young people through the provision of training courses which increases their knowledge, skill and qualifications and opens new pathways to sustainable employment. We likewise provide struggling children and young people with empowering social and skills-building opportunities.
Public benefit
The Trustees have taken due heed of their obligations relating to Public Benefit Duty affecting charities, as well as to their obligations under the Equalities Act 2010. The Trustees are satisfied that they meet their obligations.
Grantmaking
Grants are made at the discretion of the trustees and in accordance with the objectives of the charity.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the charity received donations totalling £325,928 (2020: £247,009), and made grants totalling £141,153 (2020: £229,993) and remaining funds were utilised in the interest of relieving the poverty of individuals and families through the provision of food, clothing, and other necessities. The charity was also involved in providing support and advice to individuals in need of such services.
The charity is now into its sixth year of operation, and the trustees are pleased to note the increased awareness of the charity's activities and its expanded reach to more persons in need.
The Charity also developed its core group of volunteers by recruiting more young people from the local community who come with learned experience of growing up disadvantaged. We provided them with quality training and support so that they gain valuable life and employability skills while reaching out to many more underprivileged and disadvantaged people from the local community.
FINANCIAL REVIEW
Reserves policy
The reserves policy is to ensure that there is a sufficient stream of income to meet the ongoing calls made on the charity. The charity has total reserve fund of £19,123 at the end of the year.
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CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
FUTURE PLANS
The charity intends to carry on its policy of making grants in pursuant of its objects, and continue and expand on its activities for the foreseeable future. Among the many schemes and plans in the pipeline is the facilitation of support groups for those with challenging circumstances such as young parents and for those struggling with a range of mental health issues. We also wish to step up the provision of training courses and therapy sessions by establishing a centre where we will be able to efficiently deliver these services, potentially benefitting those struggling with unemployment. The further expansion of the Youth Club is also intended.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution, and constitutes a charitable incorporated organisation.
Recruitment and appointment of new trustees
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures.
Safeguarding and Child Protection
Rigorous Child Protection and Safeguarding policies and procedures protect the welfare of the children and young people in our care.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1172663
Principal address
87 Craven Park Road London N15 6AH
Trustees
M M Grossman I G Schwartz M Gross
Independent Examiner
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
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CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
MESSAGE FROM THE CHAIR
We are delighted to present our annual report and accounts for the year ending 31 December 2021, which has been a year of expansion for the charity.
We are grateful that the financial report shows an increase in income despite the unfavourable financial climate. This is testament to a benevolent community and generous trusts and foundations that have rallied to our cause of helping those in need.
As a result, we were able to expand on our provision to meet exponential demand. We provided food, clothing household items and other necessities to more than 170 needy families, including 700+ children, so that no child or adult should go hungry. This has been made possible by grants from The JTS Temporary Shelter, Arbib Lucas Charity and the Family fund. Furthermore, we have provided financial assistance to those in dire need and offered advice and counselling services to those requiring such help.
We are overjoyed to report that we have launched our exciting Youth Club, 'Clapton Caring.' This was made possible by a grant from The National Lottery Community Fund. We are delighted to report that we were able to provide services in line with Covid restrictions and guidelines thus enabling disadvantaged children to benefit from our services even through such uncertain times. The Family Holiday Association also enabled us to delight children experiencing a range of challenges, with an exciting day trip to Adventure Island, Southend.
The Trustees understand the impact of the current financial downturn and feel a great responsibility to provide value for money to our loyal patrons as well as to our users.
We look back at this year with tremendous satisfaction and thank all of our generous donors. It is only through their continuous support that CSAA continues to thrive.
Looking into the future, we must acknowledge that the difficult financial times is hurting many. We are seeing demand for our services increase, with more families suffering financial hardships, emotional problems, overcrowding and more children and young people struggling as a result. Our response to these uniquely challenging times is to think out of the box and rather than cutting back, we are constantly expanding, reaching out to new grant providers, delivering new services and increasing our impact. As we continue to focus our attention on the disadvantaged adults and children who are suffering disproportionately we are continuously improving our skills and knowledge in this area ensuring that we meet demand while we consolidate and safeguard our charity's future.
Thank you for joining us on this special journey.
Approved by order of the board of trustees on 20 September 2022 and signed on its behalf by:
M M Grossman - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLAPTON SUPPORT AND ADVICE
Independent examiner's report to the trustees of CLAPTON SUPPORT AND ADVICE
I report to the charity trustees on my examination of the accounts of CLAPTON SUPPORT AND ADVICE (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of A.C.A which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M.A.VENITT A.C.A Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
20 September 2022
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CLAPTON SUPPORT AND ADVICE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 325,928 EXPENDITURE ON Raising funds 2 3,760 Charitable activities Relief of poverty 323,064 Other 1,080 Total 327,904 NET INCOME/(EXPENDITURE) (1,976) RECONCILIATION OF FUNDS Total funds brought forward 15,915 TOTAL FUNDS CARRIED FORWARD 13,939 |
Restricted fund £ 35,484 - 30,300 - 30,300 5,184 - 5,184 |
31.12.21 31.12.20 Total Total funds funds £ £ 361,412 247,009 3,760 - 353,364 229,993 1,080 900 358,204 230,893 3,208 16,116 15,915 (201) 19,123 15,915 |
|---|---|---|
The notes form part of these financial statements
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CLAPTON SUPPORT AND ADVICE
STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2021
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 5 | 1,861 | - | 1,861 | - |
| CURRENT ASSETS | |||||
| Cash at bank | 13,217 | 5,184 | 18,401 | 16,815 | |
| CREDITORS | |||||
| Amounts falling due within one year | 6 | (1,139) | - | (1,139) | (900) |
| NET CURRENT ASSETS | 12,078 | 5,184 | 17,262 | 15,915 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 13,939 | 5,184 | 19,123 | 15,915 | |
| NET ASSETS | 13,939 | 5,184 | 19,123 | 15,915 | |
| FUNDS | 7 | ||||
| Unrestricted funds | 13,939 | 15,915 | |||
| Restricted funds | 5,184 | - | |||
| TOTAL FUNDS | 19,123 | 15,915 |
The financial statements were approved by the Board of Trustees and authorised for issue on 20 September 2022 and were signed on its behalf by:
M M Grossman - Trustee
I G Schwartz - Trustee
The notes form part of these financial statements
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Fixtures and fittings - 15% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. RAISING FUNDS
Investment management costs
| Investment management costs | ||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| £ | £ | |
| Rent | 3,760 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 229,283 EXPENDITURE ON Charitable activities Relief of poverty 212,267 Other 900 Total 213,167 NET INCOME 16,116 RECONCILIATION OF FUNDS Total funds brought forward (201) TOTAL FUNDS CARRIED FORWARD 15,915 |
Restricted fund £ 17,726 17,726 - 17,726 - - - |
Total funds £ 247,009 229,993 900 230,893 16,116 (201) 15,915 |
|---|---|---|
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
| 5. TANGIBLE FIXED ASSETS COST Additions DEPRECIATION Charge for year NET BOOK VALUE At 31 December 2021 At 31 December 2020 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 7. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
At 1.1.21 £ 15,915 - 15,915 Incoming resources £ 325,928 35,484 361,412 |
Fixtures and fittings £ 2,190 329 1,861 - 31.12.21 31.12.20 £ £ 1,139 900 Net movement At in funds 31.12.21 £ £ (1,976) 13,939 5,184 5,184 3,208 19,123 Resources Movement expended in funds £ £ (327,904) (1,976) (30,300) 5,184 (358,204) 3,208 |
|---|---|---|
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.1.20 £ Unrestricted funds General fund (201) TOTAL FUNDS (201) Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 229,283 Restricted funds Restricted fund 17,726 TOTAL FUNDS 247,009 A current year 12 months and prior year 12 months combined position is as follows: At 1.1.20 £ Unrestricted funds General fund (201) Restricted funds Restricted fund - TOTAL FUNDS (201) |
Net movement At in funds 31.12.20 £ £ 16,116 15,915 16,116 15,915 Resources Movement expended in funds £ £ (213,167) 16,116 (17,726) - (230,893) 16,116 Net movement At in funds 31.12.21 £ £ 14,140 13,939 5,184 5,184 19,324 19,123 |
Net movement At in funds 31.12.20 £ £ 16,116 15,915 16,116 15,915 Resources Movement expended in funds £ £ (213,167) 16,116 (17,726) - (230,893) 16,116 Net movement At in funds 31.12.21 £ £ 14,140 13,939 5,184 5,184 19,324 19,123 |
Net movement At in funds 31.12.20 £ £ 16,116 15,915 16,116 15,915 Resources Movement expended in funds £ £ (213,167) 16,116 (17,726) - (230,893) 16,116 Net movement At in funds 31.12.21 £ £ 14,140 13,939 5,184 5,184 19,324 19,123 |
|---|---|---|---|
| 16,116 | |||
| At 31.12.21 £ 13,939 5,184 19,123 |
|||
| 19,123 |
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 555,211 53,210 608,421 |
Resources Movement expended in funds £ £ (541,071) 14,140 (48,026) 5,184 (589,097) 19,324 |
Resources Movement expended in funds £ £ (541,071) 14,140 (48,026) 5,184 (589,097) 19,324 |
|---|---|---|---|
| 19,324 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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