REGISTERED CHARITY NUMBER: 1172663
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
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 2022
| Page | |||
|---|---|---|---|
| Chairman's Report | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Statement of Financial Position | 7 | ||
| Statement of Cash Flows | 8 | ||
| Notes to the Statement of Cash Flows | 9 | ||
| Notes to the Financial Statements | 10 | to | 15 |
CLAPTON SUPPORT AND ADVICE
CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
I report on the year 2022 with great satisfaction for it has been a year of phenomenal growth for Clapton Support and Advice.
Families, burdened by the weight of economic turmoil or facing incredible medical challenges, have found solace and support through our charitable initiatives. Through our various services, we have been able to extend a helping hand to those in dire need. Our recently implemented support groups have provided a safe space for individuals and families to share their burdens, find comfort in shared experiences, and receive guidance from trained professionals. The private counselling and therapy sessions we funded have been beacons of hope, helping individuals navigating the darkest corners of their lives. Recognizing that basic necessities are often out of reach for struggling families, we have taken active steps to provide them with essentials such as food and other necessities. Our food drives and distributions have ensured that no family goes to bed hungry, and our partnerships with local businesses have allowed us to expand our reach and impact even further. But our commitment doesn't stop at meeting immediate needs. We understand the importance of empowering individuals to regain control over their lives. That's why we have implemented training courses, equipping our community members with valuable tools to secure sustainable employment and break free from the cycle of poverty.
The impact we have made on the lives of these families is immeasurable, and their stories of resilience and courage are a credit to you, our donors and supporters.
And to all our donors and supporters: Your immense generosity this year has been truly awe-inspiring. With your support, we've accomplished remarkable feats that have touched and changed the lives of so many.
I also express my admiration to my fellow Trustees and our incredible team of staff and volunteers. Your commitment and determination have been nothing short of heroic, and every step we took forward was fuelled by their unwavering belief in our cause. Thank you for joining us on this journey.
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CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. 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.
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CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the charity received donations totalling £689,140 (2021: £361,412) and spent £670,509 (2021: £353,364) in the interest of relieving the poverty of individuals and families through the provision of food, clothing, and other charitable activites. 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 below:
Food distributions:
This year, we distributed 1,316 food packages, providing weekly supporting 200 families facing financial crises. These included dry, fresh produce, poultry and dairy products.
Shoe voucher program:
702 children became lucky owners of brand-new shoes as a result of their parents having received vouchers for substantial reductions at local shoe stores. This initiative respects the dignity of those in need, sparing them from any potential embarrassment associated with their financial situation.
Training Courses:
Our training courses, which provided English and computer skills at varying levels, equipped 125 beneficiaries with the skills needed to access well-paid employment, offering a sustainable route out of poverty. Over 80% of our course graduates have already transitioned into employment or are furthering their learning.
Emotional Support:
We provided financial means for needy 16 individuals to access therapy and counselling. Furthermore, our 'Living in Harmony' program, promoted the emotional wellbeing of more than 80 couples who have built healthier relationships as a result of attending the workshops.
Youth club:
'Clapton Caring,' our youth club, provided a safe and welcoming haven for disadvantaged youth, offering a secure environment for educational and recreational activities. This initiative has played a pivotal role in nurturing the emotional well-being and potential of 65 young individuals while ensuring their well-being.
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 funds of £24,174 (2021: £19,123) at the end of the year.
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.
In the upcoming year, our charity is embarking on an journey to expand our outreach and impact. Our primary focus will be on increasing the scope of our existing services, extending our support to a greater number of beneficiaries in need.
Additionally, we aim to secure the necessary funding that will enable us to establish a dedicated training center where a wider range of courses will be offered to empower individuals with essential skills and knowledge for better employment opportunities.
Moreover, recognizing the importance of emotional and social support, we are introducing further support groups tailored to the unique needs of disadvantaged individuals. These initiatives underscore our commitment to fostering positive change within our community and uplifting those facing adversity.
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CLAPTON SUPPORT AND ADVICE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
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
Approved by order of the board of trustees on 11 October 2023 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 2022.
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 member of the Institute of Chartered Accountants in England and Wales, 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
11 October 2023
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CLAPTON SUPPORT AND ADVICE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 636,302 EXPENDITURE ON Raising funds 3 12,500 Charitable activities 4 Relief of poverty 615,534 Other 1,080 Total 629,114 NET INCOME/(EXPENDITURE) 7,188 RECONCILIATION OF FUNDS Total funds brought forward 13,939 TOTAL FUNDS CARRIED FORWARD 21,127 |
Restricted fund £ 52,838 - 54,975 - 54,975 (2,137) 5,184 3,047 |
31.12.22 31.12.21 Total Total funds funds £ £ 689,140 361,412 12,500 3,760 670,509 353,364 1,080 1,080 684,089 358,204 5,051 3,208 19,123 15,915 24,174 19,123 |
31.12.22 31.12.21 Total Total funds funds £ £ 689,140 361,412 12,500 3,760 670,509 353,364 1,080 1,080 684,089 358,204 5,051 3,208 19,123 15,915 24,174 19,123 |
|---|---|---|---|
| 3,760 353,364 1,080 |
|||
| 358,204 | |||
| 3,208 15,915 |
|||
| 19,123 |
The notes form part of these financial statements
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CLAPTON SUPPORT AND ADVICE
STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2022
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 10 | 1,582 | - | 1,582 | 1,861 | |
| CURRENT ASSETS | ||||||
| Debtors | 11 | 7,290 | - | 7,290 | - | |
| Cash at bank | 18,994 | 3,047 | 22,041 | 18,401 | ||
| 26,284 | 3,047 | 29,331 | 18,401 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 12 | (6,739) | - | (6,739) | (1,139) | |
| NET CURRENT ASSETS | 19,545 | 3,047 | 22,592 | 17,262 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 21,127 | 3,047 | 24,174 | 19,123 | ||
| NET ASSETS | 21,127 | 3,047 | 24,174 | 19,123 | ||
| FUNDS | 13 | |||||
| Unrestricted funds | 21,127 | 13,939 | ||||
| Restricted funds | 3,047 | 5,184 | ||||
| TOTAL FUNDS | 24,174 | 19,123 |
The financial statements were approved by the Board of Trustees and authorised for issue on 11 October 2023 and were signed on its behalf by:
M M Grossman - Trustee
I G Schwartz - Trustee
The notes form part of these financial statements
Page 7
CLAPTON SUPPORT AND ADVICE
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cash flows from operating activities | |||
| Cash generated from operations | 1 | 3,641 | 3,776 |
| Net cash provided by operating activities | 3,641 | 3,776 | |
| Cash flows from investing activities | |||
| Purchase of tangible fixed assets | - | (2,190) | |
| Net cash provided by/(used in) investing activities | - | (2,190) | |
| Cash flows from financing activities | |||
| New loans in year | (1) | - | |
| Net cash (used in)/provided by financing activities | (1) | - | |
| Change in cash and cash equivalents in | |||
| the reporting period | 3,640 | 1,586 | |
| Cash and cash equivalents at the | |||
| beginning of the reporting period | 18,401 | 16,815 | |
| Cash and cash equivalents at the end of | |||
| the reporting period | 22,041 | 18,401 |
The notes form part of these financial statements
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| 31.12.22 | 31.12.21 | |
|---|---|---|
| £ | £ | |
| Net income for the reporting period (as per the Statement of Financial | ||
| Activities) | 5,051 | 3,208 |
| Adjustments for: | ||
| Depreciation charges | 280 | 329 |
| Increase in debtors | (7,290) | - |
| Increase in creditors | 5,600 | 239 |
| Net cash provided by operations | 3,641 | 3,776 |
2.
ANALYSIS OF CHANGES IN NET FUNDS
| At 1.1.22 | Cash flow | At 31.12.22 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 18,401 | 3,640 | 22,041 |
| 18,401 | 3,640 | 22,041 | |
| Total | 18,401 | 3,640 | 22,041 |
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 2022
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.
2. DONATIONS AND LEGACIES
| 31.12.22 | 31.12.21 | |
|---|---|---|
| £ | £ | |
| Donations | 689,140 | 361,412 |
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
3. RAISING FUNDS
Raising donations and legacies
| Support costs Investment management costs Rent Aggregate amounts 4. CHARITABLE ACTIVITIES COSTS Direct Costs £ Relief of poverty 518,674 5. GRANTS PAYABLE Relief of poverty 6. SUPPORT COSTS Management £ Raising donations and legacies - Other resources expended - Relief of poverty 13,588 13,588 |
31.12.22 £ 280 31.12.22 £ 12,220 12,500 Grant funding of activities Support (see note costs (see 5) note 6) £ £ 138,247 13,588 31.12.22 £ 138,247 Governance Other costs £ £ 280 - - 1,080 - - 280 1,080 |
31.12.21 £ - 31.12.21 £ 3,760 3,760 Totals £ 670,509 |
31.12.21 £ - 31.12.21 £ 3,760 3,760 Totals £ 670,509 |
|---|---|---|---|
| 31.12.21 £ 350,094 |
|||
| Totals £ 280 1,080 13,588 |
|||
| 14,948 |
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
8. STAFF COSTS
| STAFF COSTS | ||||
|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Wages and salaries | 1,980 | - | ||
| 1,980 | - | |||
| The average monthly number of employees during the year was | as follows: | |||
| 31.12.22 | 31.12.21 | |||
| Employees | 1 | - | ||
| No employees received emoluments in excess of £60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 325,928 | 35,484 | 361,412 | |
| EXPENDITURE ON | ||||
| Raising funds | 3,760 | - | 3,760 | |
| Charitable activities | ||||
| Relief of poverty | 323,064 | 30,300 | 353,364 | |
| Other | 1,080 | - | 1,080 | |
| Total | 327,904 | 30,300 | 358,204 | |
| NET INCOME/(EXPENDITURE) | (1,976) | 5,184 | 3,208 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 15,915 | - | 15,915 | |
| TOTAL FUNDS CARRIED FORWARD | 13,939 | 5,184 | 19,123 |
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
10. TANGIBLE FIXED ASSETS
| 10. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | ||||
| fittings | ||||
| £ | ||||
| COST | ||||
| At 1 January 2022 and 31 December 2022 | 2,190 | |||
| DEPRECIATION | ||||
| At 1 January 2022 | 329 | |||
| Charge for year | 279 | |||
| At 31 December 2022 | 608 | |||
| NET BOOK VALUE | ||||
| At 31 December 2022 | 1,582 | |||
| At 31 December 2021 | 1,861 | |||
| 11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Other debtors | 7,290 | - | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Other creditors | 6,739 | 1,139 | ||
| 13. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.1.22 | in funds | 31.12.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 13,939 | 7,188 | 21,127 | |
| Restricted funds | ||||
| Restricted fund | 5,184 | (2,137) | 3,047 | |
| TOTAL FUNDS | 19,123 | 5,051 | 24,174 |
continued...
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CLAPTON SUPPORT AND ADVICE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 636,302 Restricted funds Restricted fund 52,838 TOTAL FUNDS 689,140 Comparatives for movement in funds At 1.1.21 £ Unrestricted funds General fund 15,915 Restricted funds Restricted fund - TOTAL FUNDS 15,915 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 325,928 Restricted funds Restricted fund 35,484 TOTAL FUNDS 361,412 |
Resources Movement expended in funds £ £ (629,114) 7,188 (54,975) (2,137) (684,089) 5,051 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 2022
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 15,915 | 5,212 | 21,127 | |
| Restricted funds | ||||
| Restricted fund | - | 3,047 | 3,047 | |
| TOTAL FUNDS | 15,915 | 8,259 | 24,174 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 962,230 | (957,018) | 5,212 |
| Restricted funds | |||
| Restricted fund | 88,322 | (85,275) | 3,047 |
| TOTAL FUNDS | 1,050,552 | (1,042,293 ) | 8,259 |
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
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