| Pages | |
|---|---|
| Reference 5Administrative details |
|
| Trustees report |
4-5 |
| Independent Examiner's Report |
|
| Statement of Financial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 10-13 |
| Charity Name | PHOENIX RISING | ||||
|---|---|---|---|---|---|
| Charity Registration | No. | 1176730 | |||
| Address | 16 Lewis Crescent | ||||
| Neasden | |||||
| London | |||||
| NW10 ONR | |||||
| Trustees | Candice Falconer- | Chair | |||
| Michelle Walcott | —Treasurer | ||||
| Goda Mangwata | |||||
| Eileen Robinson | |||||
| Deirdre Falconer | |||||
| Benie Banza | |||||
| Kelly Reynolds | |||||
| Independent | Examiner | Dunstanette Kuti |
FCCA MCSI | ||
| Community Accountant |
|||||
| Granfers Community | Centre | ||||
| 73-79 Oakhill Rd |
|||||
| , Sutton SM1 3AA |
| RESTATED | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total | Total | |||||||
| Unrestricted | Designated | Restricted | Funds | Funds | ||||
| Note | Funds | Funds | Funds | 2023 | 2022 | |||
| INCOME CROM: | ||||||||
| Charitable | Activities | 35,178 | 109,800 | 144,978 | 109,970 | |||
| Investment | 335 | 335 | 89 | |||||
| Total: | 35,513 | 109,800 | 145,313 | 110,059 | ||||
| EXPENDITURE ON: | ||||||||
| Cha rita hie | Activities | 17,296 | 75,585 | 92,882 | 112,574 | |||
| Total: | 17,296 | 75,585 | 92,882 | 112,574 | ||||
| NET INCOME (EXPENDITURE) | 18,217 | 34,215 | 52,432 | (2,515j | ||||
| Total funds | brought | forward | 37,198 | 46,575 | 57,061 | 140,834 | 143,349 | |
| Total funds carried | forward | 55,415 | 46,575 | 91,276 | 193,266 | 140,834 |
| Balance Sheet as at | 31"3anLlary 2023 | |
|---|---|---|
| 20ZZ | ||
| FIXEDASSETS | ||
| Tangible assets | 19,032 | 26,978 |
| CURRENT ASSETS: | ||
| Cash at bank and in hand | 174I234 | 113,856 |
| 193,266 | 140,834 | |
| CREDITORS: | ||
| Amounts falling due within one year |
||
| NET CURRENT ASSETS: | 174,234 | 113,856 |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 193,266 | 140,834 |
| NET ASSETS | 193,266 | 140,834 |
| RESERVES: | ||
| Unrestricted Funds |
55,415 | 37,198 |
| Designated Funds |
46,575 | 46,575 |
| Restricted Funds |
91,276 | 57,061 |
| TOTAL FUNDS | 193,266 | 140,834 |
| Musical instruments | 20% |
|---|---|
| Sporting equipment | -20% |
| Equipment &accessories |
-33.3% |
| Office equipment | —33.3% |
| Restricted Funds |
Total | Total | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2023 | 2022 | ||||||
| f | |||||||
| GRANTS | |||||||
| CVS Brent: Covid 19National | Lottery Fund | 1,000 | 9,000 | ||||
| City Bridge Trust | 17,500 | ||||||
| London Community | Foundation | 10,000 | |||||
| Jack Petchey Foundation | 900 | 1,350 | |||||
| John Lyon's Charity | Main | Grant | 40,000 | ||||
| John Lyon's Charity Summer | Holiday | 4,000 | |||||
| London Youth | 3,750 | ||||||
| Veolia Sustainability | Fund | 400 | |||||
| The National Lottery |
Main Grant | 80,000 | |||||
| John Lyon's Charity | (Steel Pan in school) | 15,000 | |||||
| Young Brent Foundation | small grants | 3,500 | |||||
| HMRC Job retention | scheme | 18,438 | |||||
| 109,800 | 95,038 | ||||||
| 3.CHARITABLE ACTIVITIES | COSTS | ||||||
| Direct costs (see note 4) f |
Support costs (see note 5) f |
Totals | |||||
| Charitable activities |
74,818 | 18,064 | 92,882 | ||||
| 4.DIRECT COSTS OF CMARITABLE ACTIVITIES | |||||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| Staff Costs | 40,745 | 41)157 | |||||
| Rent | 1,473 | i,ii6 | |||||
| Equipment purchased |
9,350 | 10,803 | |||||
| Volunteer expenses |
5,137 | 4,727 | |||||
| Charitable activity costs Travel expenses |
16,053 2,060 |
38,531 691 |
|||||
| 74,818 | 97,025 | ||||||
| 5.SUPPORT COSTS | |||||||
| 2023 | 2022 | ||||||
| Depreciation | 17,296 | 15,426 | |||||
| Subscription | 167 | ||||||
| Other office costs | 21 | ||||||
| Accountancy fees |
500 | ||||||
| Payroll costs | 101 18I064 |
151548 |
| AFF COSTS | |||||
|---|---|---|---|---|---|
| 2023 | ZOZZ | ||||
| E | |||||
| Wages and | Salaries | 28,639 | 29,719 | ||
| Employers | Ni | 6,906 | 6,238 | ||
| Pension costs | 5,200 | 5,200 | |||
| 40,745 | 41,157 | ||||
| The average | monthly | number ofemployees | during the year was as follows: |
| 8. TANGIBLE FIXEDASSETS | |||||
|---|---|---|---|---|---|
| Musical | Equipment | Sporting | Office | ||
| Instruments f |
Accessories E |
Equipment | Equipment E |
Totals E |
|
| COST | |||||
| As at 1February 2022 | 27,489 | 25,080 | 350 | 4,525 | 57,444 |
| Additions | 8,900 | 450 | 9,350 | ||
| As at 31January 2023 | 36,389 | 25,080 | 800 | 4,525 | 66,794 |
| DEPRECIATION | |||||
| As at 1February 2022 | 12,335 | 15,624 | 210 | 2,277 | 30,466 |
| Charge for the year | 7,278 | 8,352 | 160 | 1,507 | 17,296 |
| As at 31January 2023 | 19,632 | 23,976 | 370 | 3784 | 47,762 |
| NET BOOK VALUE | |||||
| At31"January2022 | 15,134 | 9,455 | 140 | 2,249 | 26,978 |
| At31"January 2023 | 16,756 | 1,104 | 430 | 742 | 19,032 |
| 1.2.22 | Income | Expenditure | Transfers | At 31.1.23 | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||
| General fund | 37,198 | 35,513 | (17,296) | 55,415 | |||
| At 1.2.21 |
income | Expenditure | Transfers | At 31.1.22 | |||
| Unrestricted | funds | ||||||
| General fund | 45,220 | 15,021 | (23,043) | 37,198 | |||
| Restricted | funds | 1.2.22 | income | Expenditure | Transfers | At 31.1.23 | |
| f | f | f. | f | ||||
| Restricted | fund | 57,061 | 109,800 | (75,585) | 91,276 | ||
| Restricted | funds | 1.2.21 | Income | Expenditure | Transfers | At 31.1.22 | |
| X | f | ||||||
| Restricted | fund | 69,991 | 76,600 | (89,530) | 57,061 |