## **Trustees’ Annual Report for the period**
**From** 01/4/2020 **To** 31/03/2021
**Charity name: HIGHER POTENTIAL**
**Charity registration number: 1178146**
## **Objectives and Activities**
**----- Start of picture text -----**
SORP reference
Summary of the Para 1.17 To advance the education of
purposes of the charity music and arts of young people
as set out in its under the age of 25
governing document
Summary of the main Para 1.17 and To help young people especially,
1.19
activities in relation to but not exclusively, those not in
those purposes for the education or employment, those
public benefit, in at risk of committing crime or
particular, the activities, becoming victims of crime, by
projects or services providing access to mentoring,
identified in the training and personal
accounts. development using our 2 fully
equipped recording studios.
Statement confirming Para 1.18 I can confirm the Trustees have
whether the trustees had regard to the guidance
have had regard to the
guidance issued by the
Charity Commission on
public benefit
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
SORP reference
Para 1.38
Policy on grant making
Policy on social Para 1.38
investment including
program related
investment
Para 1.38
Contribution made by
volunteers
**----- End of picture text -----**
Other
## **Achievements and Performance**
**----- Start of picture text -----**
SORP reference
Despite a slow start to the year,
because of the COVID pandemic, we
still managed to set up and run a
Summary of the main project funded by Brent Council to
Para 1.20
achievements of the support young people most displaced
charity, identifying the as a result of large-scale local
difference the charity’s development, and most
work has made to the disproportionately affected by Covid-
circumstances of its 19 with the development of skills and
beneficiaries and any activities that build their self-esteem,
wider benefits to society confidence and understanding of and
as a whole. motivation for the world of work
through our music development
programme.
We completed a National Lottery
funded mentoring programme with
vulnerable young people experiencing
mental health challenges, isolation
and bullying which was well received
by the community. Demand was so
high that we were unable to meet it,
and as such have factored this into
our funding plans for continuation at a
later date.
We are fast developing our local
footprint and our profile in the
community, aided by the links we
have formed with Met Police, The
Probation Service and Brent Young
Offending Service, and have been
able to demonstrate our position as a
trusted intermediary and liaison body
in the community.
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
**----- End of picture text -----**
Investment performance Para 1.41 against objectives Other
## **Financial Review**
**----- Start of picture text -----**
Review of the charity’s Para 1.21 Funds in £36201.00
financial position at the Expenditure £27349.00
end of the period Total net Assets £13742.00
Statement explaining Para 1.22 The aim is to work towards a
the policy for holding minimum of three months
reserves stating why running costs in unrestricted
they are held reserves
Amount of reserves held Para 1.22 £13742.00
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24 0
in deficit
Explanation of any Para 1.23 We have a strong balance sheet,
uncertainties about the which we are confident will
charity continuing as a secure the future of the charity
going concern as a going concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointed or re-appointed and
methods including elected by members at AGM
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
**----- End of picture text -----**
## **Additional information (optional)**
**----- Start of picture text -----**
You may choose to include further statements where relevant about:
Trustees are inducted by being
taken through our accounts,
Policies and procedures policies and information on our
adopted for the Para 1.51 strategic direction.
induction and training of
trustees We access training sessions via
Young Brent Foundation to meet
our safeguarding responsibilities.
All new trustees meet with
existing trustees to understand
our direction, and broad
objectives are agreed for the
duration of their tenure.
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Higher Potential are members of
Young Brent Foundation who offer
Relationship with any Para 1.51 support, guidance and advice.
related parties
Other
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**Reference and Administrative details**
**----- Start of picture text -----**
Charity name Higher Potential
Other name the charity
uses
Registered charity 1178146
number
Charity’s principal 5 Hassop Road London NW2 6RX
address
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## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Duhaney Burke Chair
2 Denver Hamilton
3 Howard Buckley
4 Fuad Uddin Resigned 5/1/2021
5 Ian Lewinson Resigned 5/1/2021
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name**
Name of trustees holding title to property belonging to the charity
**----- Start of picture text -----**
Trustee name Dates acted if not for
whole year
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**Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Duhaney Burke **Position (eg** Chair **Secretary, Chair, etc) Date** 29/1/2022
**----- Start of picture text -----**
HIGHER POTENTIAL Charity No 1178146
Company No
Annual accounts for the period
Period start
date 6-Apr-20 5-Apr-21 5-Apr-21
Period end date
**----- End of picture text -----**
**Section A Statement of financial activities (including summary income and expenditure account)**
|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|**Recommended categories by activity**
Guidance Note
**Unrestricted funds**
**Endowment funds**
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
- - - - -
Charitable activities
S02
16,202
- 16,202 -
Other trading activities
S03
20,000 - - 20,000 -
Investments
S04
- - 21,000
Separate material item of income
S05
- - - - -
Other
S06
- - - -
**_Total_**
S07
36,202 - - 36,202 21,000
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
4,754
4,754 -
Charitable activities
S09
1,279
1,279 6,347
Separate material expense item
S10
316
316
Other
S11
21,000
21,000 21,000
**_Total_**
S12
27,349 - - 27,349 27,347
S13
8,853 - - 8,853 - 6,347
Tax payable
S14
- - -
- -
S15
8,853 - - 8,853 - 6,347
Net gains/(losses) on investments
S16
- - -
- -
**Net income/(expenditure)**
S17
8,853 - - 8,853 - 6,347
**Extraordinary items**
S18
- - - -
**Transfers between funds**
S19
- - - - -
S20
- - - - -
Other gains/(losses)
S21
- - - - -
**_Net movement in funds_**
S22
8,853 - - 8,853 - 6,347
**_Reconciliation of funds:_**
Total funds brought forward
S23
- - - - -
**_Total funds carried forward_**
S24
8,853 - - 8,853 - 6,347
**Restricted**
**income**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before tax for the**
**reporting period**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fxed assets for the charity’s own
use|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|-|-|
||8,853|-|-|8,853|- 6,347|
|||||||
||-|-|-|-|-|
||8,853|-|-|8,853|- 6,347|
1178146
Charity No Company No
HIGHER POTENTIAL A
## **Section B Balance sheet**
|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|Guidance Note
**Total last year**
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
- - - - -
**Tangible assets (Note 14)**
B02
- 38,455 - 38,455 47,121
**Heritage assets (Note 16)**
B03
- - - - -
**Investments (Note 17)**
B04
- - - - -
**_Total fxed assets_**
B05
- 38,455 - 38,455 47,121
**Current assets**
**Stocks (Note 18)**
B06
- - - - -
**Debtors (Note 19)**
B07
- 1,987 - 1,987 265
**Investments (Note 17.4)**
B08
- - - - -
**Cash at bank and in hand (Note 24)**
B09
- 19,241 - 19,241 -
**_Total current assets_**
B10
- 21,228 - 21,228 265
B11
- 7,486 - 7,486 -
**_Net current assets/(liabilities)_**
B12
- 13,742 - 13,742 265
**_Total assets less current liabilities_**
B13
- 52,197**-**52,197 47,386
B14
- - - - -
**Provisions for liabilities**
B15
- - - - -
**_Total net assets or liabilities_**
B16
- 52,197 - 52,197 47,386
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
- -
B18
43,345
43,345 -
**Unrestricted funds**
B19
8,852
- 8,852 -
**Revaluation reserve**
B20
-
**Fair value reserve**
B21
**_Total funds_**
B22
8,852 43,345 - 52,197 -
**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Creditors: amounts falling due**
**within one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**|
|---|---|---|---|---|---|
||-
43,345|||-
43,345
8,852
-|-|
|||43,345|||-|
||8,852||||-|
|||||||
|||||||
||8,852|43,345|-|52,197|-|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|**_e small companies regime and in accordance with FRS102 SORP._**|**_RS102 SORP._**||
|---|---|---|
|Duhaney Burke
Duhaney Burke
1/31/2022
Duhaney Burke
03/02/2022
Duhaney Burke
1/31/2022
Signed by one or two trustees/directors on behalf of all the
trustees/directors
Date of approval
03/02/2022
Signature of director authenticating accounts being sent to
Companies House|Duhaney Burke|Date of approval
03/02/2022|
||Duhaney Burke|1/31/2022|
||||
||Duhaney Burke|03/02/2022|
||Duhaney Burke|1/31/2022|
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Print narne
CC17a (Excell
0210312022
**Section C Notes to the ac**
## Note 1 **Basis of preparation**
## _**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost c transaction value unless otherwise stated in the relevant note(
The accounts have been prepared in accordance with:
the Statement of Recommended P • and with* preparing their accounts in accorda in the UK and Republic of Ireland (F
• and with* ü the Financial Reporting Standard ap Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
## _**If there are material uncertainties related to events or c charity's ability to continue as a going concern, please p applicable", if appropriate:**_
An explanation as to those factors that support _**Providing ed**_ the conclusion that the charity is a going _**the local com**_ concern;
Disclosure of any uncertainties that make the _**Awareness n**_ going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
_**These accoun**_
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have note { }.
Yes* ü * -Tick as appropriate No*
_**Please disclose:**_
## _**(i) the nature of the change in accounting policy;**_
_**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
CC17a (Excel)
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4
_**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.**_
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the repo
Yes* ü * -Tick as appropriate No*
## _**Please disclose:**_
## _**(i) the nature of any changes;**_
_**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and**_
_**(iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reportin Yes* ü
No*
* -Tick as appropriate
## _**Please disclose:**_
## _**(i) the nature of the prior period error;**_
_**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
_**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
CC17a (Excel)
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5
## **ccounts**
convention with items recognised at cost or
(s) to these accounts.
Practice: Accounting and Reporting by Charities ance with the Financial Reporting Standard applicable FRS 102) issued on 16 July 2014
pplicable in the United Kingdom and Republic of
London Borough of Brent
## _**conditions that cast significant doubt on the provide the following details or state "Not**_
_**ucational music cources to young people within mmunity**_
_**one**_
_**nt were prepared on a going concerned basis**_
e been made to the accounting policies adopted in
CC17a (Excel)
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orting period (3.46 FRS102 SORP).
ng period (3.47 FRS102 SORP).
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
_**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**Start of End of period period £ £ Fund balances as previously** _**265.00 19,241.00**_ **stated** _**Adjustments:**_
**Fund balance as restated** _**265.00 19,241.00**_
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
|**_FRS 102_**||
|---|---|
|**_Adjustments:_**
**Net income/(expenditure) as previously**
**stated**
**Previous period net income/(expenditure)**
**as restated**|**£**
**_8,852.00_**
**End of**
**period**|
||**_8,852.00_**|
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02/03/2022
**Section C Notes to the accounts (**
|**Note 2**|**Accounting policies**||
|---|---|---|
|**2.2 INCOME**|||
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:||
||· the charity becomes entitled to the resources;||
||· it is more likely than not that the trustees will receive the resources;|Yes*|
||· the monetary value can be measured with sufcient reliability.|ü|
|**Ofsetting**|There has been no ofsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.|Yes*
ü|
|**Grants and donations**|Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).|Yes*
ü|
||In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specifed goods or services as entitlement to the grant|Yes*|
||only occurs when the performance related conditions are met (5.16 FRS 102 SORP).|ü|
||Legacies are included in the SOFA when receipt is probable, that is, when there has been||
|**Legacies**|grant of probate, the executors have established that there are sufcient assets in the
estate and any conditions attached to the legacy are either within the control of the
charity or have been met.|Yes*
ü|
|||Yes*|
|**Government grants**|The charity has received government grants in the reporting period||
|||ü|
||Gift Aid receivable is included in income when there is a valid declaration from the donor.||
|**Tax reclaims on**|Any Gift Aid amount recovered on a donation is considered to be part of that gift and is|Yes*|
|**donations and gifts**|treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specifed otherwise.|ü|
|**Contractual income and**|This is only included in the SoFA once the charity has provided the related goods or|Yes*|
|**performance related**
**grants**|services or met the performance related conditions.|ü|
|||Yes*|
|**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.|ü|
||The cost of any stock of goods donated for distribution to benefciaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on|Yes*|
||receipt. In the reporting period in which the stocks are distributed, they are recognised|ü|
||as an expense at the carrying amount of the stocks at distribution.||
||Donated goods for resale are measured at fair value on initial recognition, which is the||
||expected proceeds from sale less the expected costs of sale, and recognised in 'Income|Yes*|
||from other trading activities' with the corresponding stock recognised in the balance||
||sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading|ü|
||activities'.||
||Goods donated for on-going use by the charity are recognised as tangible fxed assets|Yes*|
||and included in the SoFA as incoming resources when receivable.|ü|
||Gifts in kind for use by the charity are included in the SoFA as income from donations|Yes*|
||when receivable.||
|||ü|
|**Donated services and**|Donated services and facilities are included in the SOFA when received at the value of|Yes*|
|**facilities**|the gift to the charity provided the value of the gift can be measured reliably.|ü|
||Donated services and facilities that are consumed immediately are recognised as income|Yes*|
||with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.|ü|
|||Yes*|
|**Support costs**|The charity has incurred expenditure on support costs.||
|||ü|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.|Yes*
ü|
CC17 FRS 102 SORP
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02/03/2022
|**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable can|Yes*|
|---|---|---|
|**royalties and dividends**|be measured reliably.|ü|
|**Income from**
**membership**
**subscriptions**|Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.|Yes*
ü|
||Membership subscriptions which gives a member the right to buy services or other|Yes*|
||benefts are recognised as income earned from the provision of goods and services as
income from charitable activities.|ü|
|**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income
in the SoFA.|Yes*
ü|
|**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.|Yes*
ü|
|**2.3 EXPENDITURE**|**AND LIABILITIES**||
||Liabilities are recognised where it is more likely than not that there is a legal or|Yes*|
|**Liability recognition**|constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.|ü|
|**Governance and support**
**costs**|
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its|Yes*|
||compliance with regulation and good practice.|ü|
||Support costs include central functions and have been allocated to activity cost||
||categories on a basis consistent with the use of resources, eg allocating property costs
by foor areas, or per capita, staf costs by the time spent and other costs by their usage.|Yes*|
|||ü|
|**Grants with performance**|
Where the charity gives a grant with conditions for its payment being a specifc level of||
|**conditions**|service or output to be provided, such grants are only recognised in the SoFA once the|Yes*|
||recipient of the grant has provided the specifed service or output.|ü|
|**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be|Yes*|
||recognised.|ü|
|||Yes*|
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.|ü|
|||Yes*|
|**Deferred income**|No material item of deferred income has been included in the accounts.||
|||ü|
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts|Yes*
ü|
||A liability is measured on recognition at its historical cost and then subsequently|Yes*|
|**Provisions for liabilities**|measured at the best estimate of the amount required to settle the obligation at the
reporting date|ü|
|**Basic fnancial**
**instruments**|The charity accounts for basic fnancial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to
11.19, FRS102 SORP.|Yes*
ü|
|**2.4 ASSETS**|||
|**Tangible fxed assets for**|These are capitalised if they can be used for more than one year, and cost at least||
|**use by charity**||Yes*|
||They are valued at cost.|ü|
||The depreciation rates and methods used are disclosed in note 14.||
|**Intangible fxed assets**|The charity has intangible fxed assets, that is, non-monetary assets that do not have
physical substance but are identifable and are controlled by the charity through custody|Yes*|
||or legal rights. The amortisation rates and methods used are disclosed in note 15.|ü|
||They are valued at cost.|Yes*
ü|
|**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientifc, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.|Yes*
ü|
|||Yes*|
||They are valued at cost.|ü|
||Fixed asset investments in quoted shares, traded bonds and similar investments are||
|**Investments**|valued at initially at cost and subsequently at fair value (their market value) at the year
end
The same treatment is applied to unlisted investments unless fair value cannot be|Yes*|
CC17 FRS 102 SORP
10
02/03/2022
end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
ü Yes* ü Yes* ü Yes* ü Yes* ü Yes* ü Yes*
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
**Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or **progress** net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial **Debtors** recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit **investments** and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
ü rather than to meet short-term cash commitments as they fall due. Yes* They are valued at fair value except where they qualify as basic financial instruments. ü
## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17 FRS 102 SORP
02/03/2022
11
## **cont)**
**----- Start of picture text -----**
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
**----- End of picture text -----**
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No* N/a*
ü ü
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ü ü
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ü ü
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ü ü
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ü ü
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ü ü
No* N/a*
ü ü
**----- End of picture text -----**
CC17 FRS 102 SORP
12
02/03/2022
**----- Start of picture text -----**
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
**----- End of picture text -----**
**----- Start of picture text -----**
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ü ü
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ü ü
**----- End of picture text -----**
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No* N/a*
ü ü
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ü ü
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ü ü
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ü ü
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ü ü
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ü ü
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ü ü
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ü ü
No* N/a*
ü ü
**----- End of picture text -----**
**----- Start of picture text -----**
No* N/a*
ü ü
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ü ü
No* N/a*
ü ü
No* N/a*
ü ü
**----- End of picture text -----**
No* N/a*
CC17 FRS 102 SORP
13
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**----- Start of picture text -----**
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
No* N/a*
ü ü
**----- End of picture text -----**
CC17 FRS 102 SORP
02/03/2022
14
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts - - - - -
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - 36,202 - 36,202 -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - -
Total - 36,202 - 36,202 -
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other
trading - - - - -
activities: - - - - -
- - - - -
Other - - - - -
Total - - - [ - - ]
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - [ - - ]
Separate - - - - -
material - - - - -
item of - - - - -
income - - - - -
Total - - - [ - - ]
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - [ - - ]
TOTAL INCOME - 36,202 - 36,202 -
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
**----- End of picture text -----**
CC17a (Excel)
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15
**Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
CC17a (Excel)
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CC17a IExcell
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0210312022
**Section C Notes to the accounts**
## **Note 4 Analysis of receipts of government grants**
|||**This year**|
|---|---|---|
||**Description**|**£**|
|**Government grant 1**|Local Authority Grant|20,000|
|**Government grant 2**|Local Authority Grant|16,202|
|**Government grant 3**||-|
|**Other**||-
**Total** 36,202|
|**_Please provide details of any_**|||
|**_unfulflled conditions and other_**|||
|**_contingencies attaching to grants_**|||
|**_that have been recognised in_**|||
|**_income._**|None||
|**_Please give details of other forms of_**|||
|**_government assistance from which_**|||
|**_the charity has directly benefted._**|None||
CC17a (Excel)
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## **(cont)**
**Last year £** 9,534 - - - 9,534
CC17a (Excel)
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**Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 6 Expenditure
Restricted
Unrestricted income Endowment
Analysis of expenditure funds funds funds Total funds Prior year
£ £
Expenditure on Incurred seeking donations - - - - -
raising funds:
Incurred seeking legacies - - - - -
Incurred seeking grants
Operating membership schemes and
social lotteries
Staging fundraising events
Fundraising agents
Operating charity shops
Operating a trading company
undertaking non-charitable trading
activity 1,593 1,593
Advertising, marketing, direct mail and
publicity - 4,754 - 4,754 -
Start up costs incurred in generating
new source of future income - - - -
Database development costs - - - - -
Other trading activities -
Investment management costs: - - - -
Portfolio management costs - - - - -
Cost of obtaining investment advice
- - - -
Investment administration costs
- - - - -
Intellectual property licencing costs
- - - - -
Rent collection, property repairs and
maintenance charges - 21,002 - 21,002 -
- - - - -
Total expenditure on raising funds - 27,349 - 27,349 -
Expenditure on - - - - -
charitable
activities - - - - -
- - - - -
- - - - -
Total expenditure on charitable
activities - - - - -
Separate - - - - -
material item of
expense - - - - -
- - - - -
- - - - -
Total - - - - -
Other - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total other expenditure - - - - -
**----- End of picture text -----**
CC17a (Excel)
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## **TOTAL EXPENDITURE**
- 27,349 - 27,349 -
CC17a (Excel)
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## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Grant
Activity or funding Support Total this Total prior
Activities undertaken directly
programme of Costs year year
activities
£ £ £ £ £
Activity 1 Students Drams Sessions 4,800 4,800
Activity 2 Students MUSIC tech Sessions 22,549 22,549
Other
Total 27,349 - 27,349 0
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:**
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
**Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
CC17a (Excel)
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## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Balance held at period
Amount received Amount paid out end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the
purchase of goods or services, please disclose details of any balances outstanding between any participating members.
Balance held at period
Description/name of party
end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
CC17a (Excel)
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## **Section C Notes to the accounts**
## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
|**Total**
**£**
**£**
**£**
**£**
**£**
- - - 72,500 72,500
Additions
- - - - -
Revaluations
- - - - -
Disposals
- - - - -
Transfers *
- - - - -
At end of the year
- - - 72,500 72,500
**14.2 Depreciation and impairments**
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
0.20%
- - - 25,379 25,379
Disposals
- - - - -
Depreciation
- - - 8,666 8,666
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- - - 34,045 34,045
**14.3 Net book value**
- - - 47,121 47,121
- - - 38,455 38,455
**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fttings and**
**equipment**
At the beginning of
the year
At beginning of the
year
Net book value at the
beginning of the year
Net book value at the
end of the year|**£**
**Freehold land**
**& buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery**
**and motor**
**vehicles**|**£**
**Fixtures,**
**fttings and**
**equipment**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|72,500|72,500|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|72,500|72,500|
||-|-|-|47,121|47,121|
||-|-|-|38,455|38,455|
CC17a (Excel)
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## **14.4 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **14.5 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
_**the effective date of the revaluation**_
_**the name of independent valuer, if applicable**_
_**the methods applied and significant assumptions**_
_**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **14.6 Other disclosures**
_**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.**_
_**(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not_
CC17a (Excel)
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Straight Line ("SL")
CC17a (Excel)
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## **Section C Notes to the accounts**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|
|---|---|
||1,987.0|
||-|
||-|
||1,987.0|
_**Complete 19.2 where a material debtor is recoverable more than a year after the rep date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors a**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|
|---|---|
||-|
||-|
||-|
||-|
CC17a (Excel)
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## **(cont)**
**Last year £** - - - -
## _**porting**_
## **bove)**
**Last year £** - - - -
CC17a (Excel)
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## **Section C Notes to the accounts**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Payments received on account for contracts**
**or performance-related grants**|**Amounts falling due**
**within one year**|**Amounts falling due**
**within one year**|**Amounts f**
**after more t**|
**h**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**||
||3,500|-|-||
||-|-|-||
||3,986|-|-||
||-|-|-||
||-|-|-||
||-|-|-||
||-|-|-||
||7,486|-|-||
## **20.2 Deferred income**
## _**Please complete this note if the charity has deferred income.**_
## _**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|
|---|---|
||-|
||-|
||-|
||-|
CC17a (Excel)
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## **(cont)**
**falling due han one year Last year £** - - - - - - - -
**falling due han one year**
**Last year £** - - - -
CC17a (Excel)
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**----- Start of picture text -----**
|||
|---|---|
|Section C Notes to the accounts|
|Note 24 Cash at bank and in hand|
|This year|
|£|
|Short term cash investments (less than 3 months maturity date)|
|Short term deposits|-|
|Cash at bank and on hand|19,241|
|Other|-|
|Total|19,241|
**----- End of picture text -----**
CC17a (Excel)
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## **(cont)**
**----- Start of picture text -----**
Last year
£
-
265
-
265
**----- End of picture text -----**
CC17a (Excel)
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## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Balance Sheet Reserve 43,345 - - - - 43,345
- 8,852 - - - 8,852
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 43,345 8,852 - - - 52,197
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency ü ü
**----- End of picture text -----**
_**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_
CC17a (Excel)
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## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the** Charity Name **trustees/ members** Higher Potential **of** 05[th] April 2021 **Charity** 1178146 **On accounts for the no (if year ended any) Set out on pages** (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **05/04/2021**
**Responsibilities and** As the charity trustees of the Trust, you are responsible for the **basis of report** 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material **examiner's** matters have come to my attention (other than that disclosed **statement** below *) in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. * _Please delete the words in the brackets if they do not apply._
**----- Start of picture text -----**
Signed: Bonny Needham Date: 31/01/2022
Name: Bonny Needham
Relevant Financial Accountant
professional ACCA
**----- End of picture text -----**
1
**IER**
**October 2018**
**qualification(s) or body (if any):**
**Address:** 109 Park Lane Harrow Middlesex
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
2
**IER**
**October 2018**
**Give here brief** I did have some concerns regarding the administration within the **details of any items** charity, I have advised the trustees that they should implement a **that the examiner** more robust policy and procedures in regards to documents and **wishes to disclose** . records keeping.
This has now been met and the trustee has made assurances this will be carried out going forward.
3
**IER**
**October 2018**