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2022-01-31-accounts

Total Prior
Note Unrestricted Restricted Designated Funds Year
f f f f
Income
Fundraising/Donations 4,129 4,129 6,983
Interest 89 &9
Grants 76,600 18,438 95088 161,488
Total Income 4,218 76,600 18,438 99,256 168I471
Expenditure
Operating
costs
23,043 89,530 112,573 100,817
Total Expenditure 23,043 89,530 112p573 100p817
Net Income over Expenditure 4 (18,825) (12,930) 18,438 (13,317) 67J654
Reconciliation
offunds
Total funds brought forward (1,421) 69,991 28,138 96,707 29,053
Total funds carried forward (20,246) 57,061 46,575 &3,390 96,707

Balance as at Prior Year
Note 31/01/2022 31/01/2021
f
Fixed assets
Tangible assets 26,978 31,601
26,978 31,601
Current assets
Cash at bank and in hand 113,856 111,747
113,856 111&747
Net current assets less liabilities 113,856 111,747
Total assets less current liabilities 140,834 143,348
Total net assets less liabilities 140,834 143,348
Represented by funds
Unrestricted funds 37,198 45,220
Designated funds 46,575 28,138
Restricted funds 57,061 69,991
140,834 143&348

2021-2022 2020-2021
Restricted Grants E
CVS Brent. Covid-19 National Lottery Community Fund 9,000
Brent Neighbourhood
CILProject
15I100
Covid-19 Response grants 35,000
Jack Petchey Foundation 1,350 1,750
John Lyon's Charity Main Grant 40,000 40,000
John Lyon's Charity Summer Holiday Activity Fund 4,000 6,000
London Borough ofCulture 2020 Culture Fund (Brent) 10,000
London Sport 1,000
London Youth 3,750 2,200
Love Where You Live 500
Sport England 9,000
The National
Lottery Awards
for All 10,000
John Lyons Cha rity (Steel Pan in School Initiative) 15,000
Young Brent Foundation
Small Grants
3,500 2,800
76,600 133,350
2021-2022 2020-2021
Designated
Grants
f
HMRC Job Retention
Scheme
18,438 28,138
18,438 28,138
3. Expenditure:
Operating
Costs
2021-2022 2020-2021
Operating
Costs
E f
Assets: Musical Instruments 13,897
Assets: Equipment
R.Accessories
8,150 8,754
Assets: Office equipment 2,653 1,432
Tutor and Admin fees 33,150 11,100
Coordinator
Salary and
related costs 41,258 49,933
Volunteer expenses 4,727 3,525
Transport costs 691 15
Refreshments 234 104
21"Anniversary
Celebration
4,946
Accountancy
and Audit
200
Sundries 21 5
Office supplies 24
Rent, Premises and Storage costs 1,116
Trips and Activities 201
Depreciation 15,426 11,829
112,573 100,817

This is stated after charging: 2021-2022 2020-2021
f f
Depreciation 15,426 11,829
15,426 11,829

2021-2022 2020-2021
Coordinator Salary and Related Costs f f
Salary 29,719 28,176
PAVE Tax and National Insurance 6,238 13/298
Pension 5,200 8,367
Sage Payroll 101 93
41,2SS 49,933

Musical Equipment
&
Sporting Office
Instruments Accessories Equipment Equipment Total
f f f f
Cost
As at 1February 2021 27,489 16,930 350 1,872 46,641
Additions 8,150 2/653 10,803
As at 31January 2022 27,489 25,080 350 4,525 57,444
Depreciation
As at 1February 2021 6,857 7,273 140 770 15,040
Charge for the year 5,498 8,352 70 1,507 15,426
As at 31January 2022 12,355 15,624 210 2,277 30,466
Net book value
As at 1February 2021 20,632 9/657 210 1,102 31,601
As at 31January 2022 15,134 9,455 2,249 26,978

Balance Assets Balance
Note 01-Feb-21 Income Expenditure Capitalised 31-Jan-22
f f f f f
Tangible Fixed Assets 6 31,601 (15,426) 10,803 26,978
Funds in the Bank:
Balance b/wrd {1,421) (1,421)
Incomes 4,218 4I218
Expenditure (23,043) {23,043)
Adjustment for Depreciation 15,040 15,426 30,466
Unrestricted Income Fund 13,61S 4,21S (7,617) 10,220
Total Unrestricted Funds 45,219 4,218 (23,043) 10,803 37I198
Total Prior
Note Unrestricted Restricted Designated Funds Year
f f f f
Income
Fundraising/Donations 6,983 6,983 11,498
Grants 133,350 28,138 161I488 74,897
Total Income 6,983 133,350 28,138 168,471 86,395
Expenditure
Operating
costs
13,855 86,962 100,817 63,245
Total Expenditure 13,855 86,962 100,817 63,245
Net Income over Expenditure 4 (6,872) 46,388 28,138 67,654 23,150
Reconciliation
offunds
Total funds brought forward 5,451 23,603 29,053 5,903
Total funds carried forward (1,421) 69,991 2S,13S 96,707 29,053