UNITED IN HAMMERSMITH AND FULHAM
Registered Charity Number: 1187649 Registered Company Number: 11436689
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2021
UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
| CONTENTS | |
|---|---|
| REFERENCE & ADMINISTRATIVE DETAILS | 3 |
| TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021 | 4 |
| Structure, Governance and Management | 4 |
| Aims and Objectives | 5 |
| Grant Making Policy | 6 |
| Financial Review | 7 |
| Plans for the Future | 7 |
| Director’s Responsibilities | 8 |
| Audit Exemption | 8 |
| Independent examiner’s report to the Trustees of UNITED IN HAMMERSMITH AND FULHAM | 9 |
| STATEMENT OF FINANCIAL ACTIVITIES | 10 |
| STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2021 | 11 |
| NOTES TO THE FINANCIAL STATEMENTS | 12 |
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
REFERENCE & ADMINISTRATIVE DETAILS
Directors Elise Brown (Appointed 3[rd] Dec 20) ^Helen Fagan ^Richard Greenleaf Chris Hammond Julian Hillman Joanna Kennedy (Appointed 11[th] Aug 2021) Vivienne Lukey Kevin McGrath (Resigned 24[th] Jan 21) ^Susan O’Neill ^Michail Tzouvelekis Nominated Trustees’ key: Hammersmith United Charities ^DEBK Fulham Charity Executive Director Savraj Kaur Registered Charity Number 1187649 Company Registered Number 11436689 Registered Office Sycamore House Sycamore Gardens London W6 0AS Independent Examiners Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Bankers* CAF Bank 25 Kings Hill Avenue Kings Hill ME19 4JQ
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021
The board of Trustees (who are also the directors of the charity) are pleased to present their annual report and financial statements of the charitable company for the year ended 31 March 2021 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes and for the 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).
Structure, Governance and Management
United in Hammersmith and Fulham is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23 February 2018. It is registered as a charity with the Charity Commission. There are currently eight nominated Trustees; four appointed by Hammersmith United Charities; four appointed by Dr Edwards and Bishop Kings Fulham Charity.
Kevin McGrath, the first ever Chair, was Chairman for until December 2020, after which he stepped down, and Vice Chair Julian Hillman took over the reins while we advertised for a new Chair. Julian’s first role as Acting Chair was to thank Kevin for his stewardship since the charity’s inception.
Trustees are elected to lead the charity effectively. In July 2020, we carried out an audit to ensure a broad range of skills and representation of the diverse communities we serve. As a result, we sought additional members, and Elise Cook was welcomed onto the board in December 2020.
Trustee recruitment and induction
New Trustees are selected through a recruitment process. Shortlisted candidates are interviewed by current Trustees who vote on the final decision at board meetings and are subsequently appointed.
New Trustees receive one-to-one induction with the Executive Director covering the Memorandum and
Articles of Association, current work and campaigns, and meetings with key stakeholders.
At quarterly Trustees’ meetings, the Trustees agree the broad strategy and areas of activity, including fundraising, policies, and performance.
Management and Team
UNITED in Hammersmith & Fulham has a small team of Executive Director Savraj Kaur, and part-time Community Grants Officer Christelle Bonda who joined in October 2020. Six representative community panellists were also hired as freelancers in March 2021, to meet quarterly to distribute micro-grants.
We are members of London Funders and our Executive Director, Savraj Kaur, is a member of the London’s Giving group. She takes part in knowledge sharing sessions with peers from across the capital, to ensure we are working effectively and contributing to best practice.
We are registered with the Fundraising Regulator; in the current year our fundraising involved a small amount of engagement with the general public.
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
Aims and Objectives
UNITED in Hammersmith & Fulham inspires and helps fund activities that promote a strong sense of togetherness in our diverse London borough.
Our borough is home to around 182,000 people and one of extremes. It is 37th (out of 326) most deprived district in terms of child poverty, and the 17th most income deprived in terms of older people. We have the busiest foodbank in London. But we are also home to several private schools including the country’s top girls’ school, three football clubs, a Westfield shopping centre, and the UK headquarters of several major national and international companies, including L’Oréal and Walt Disney. Significant development is bringing new corporate headquarters to White City and Old Oak, especially from HS2 and the media sector. Imperial College is also developing a major new campus here.
We connect those who want to support our community with local causes that will best use their investment, by:
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Campaigning to raise awareness about the great talents and assets that exist in our community
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− Building new networks and partnerships as a facilitator and catalyst for new collaborative projects that see benefit in developing local projects and initiatives
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Encouraging local giving by raising money to support local charitable projects, and other forms of giving including volunteering, mentoring, professional pro bono advice and in-kind support
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Funding local solutions that inspire, support, and enable locally grown and locally developed projects that bring people together and build their capacity and resilience
Public benefit
The Directors believe that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.
Achievements
This year, we spring boarded off a fresh reputation for being a recognised place-based giving scheme in the borough and have gone from strength to strength in making a real difference to our community.
We are proud to have positively served according to our Articles of Association, for the relief of need - including but not restricted to poverty, lack of opportunity, ill health or disability, lack of education or skills, loneliness and isolation, homelessness - through the following projects, summarised in turn.
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Our Community Coronavirus (Covid-19) Response Appeal in partnership with Hammersmith & Fulham Council was a huge success, with residents and businesses coming together to donate to support those in need. £123,283 went to activities serving local people who were at risk as a result of coronavirus, through micro-grants of up to £1,000. Recipients included a partnership between Urban Partnership Group, working with the Lido Foundation and Nubian Life to provide culturally relevant food parcels to shielding people, Breaking Barriers which provided remote oneto-one employment support to refugees, and the Old Oak estate’s For Brian CIC who provided support to people living with the effects of dementia.
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For Christmas, we adapted our usual Warmer Together grants programme for older people who struggle through the winter months, by transforming it into a partnership with H&F Council to provide a delicious, warm Christmas lunch for 500 people alone in their homes due to isolation or loss of loved ones. The crowdfunding took place on the Big Christmas Give match funding platform truly brought the community together, as volunteers from fitness group Good Gym H&F peeled the sprouts and spuds, meals were cooked in Smile Brigade’s Fulham-based kitchen hall, and delivery was undertaken with local zero emission delivery company e-cargobikes.
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
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We entered the New Year administering a £142,000 Winter Wellbeing Community Fund – our biggest funding distribution yet - sourced from government aid. The main focus (80%) of this fund was supporting families with children with essentials, including food and utility bills, with the remainder for local groups to support households without children. Projects that benefitted included Advance (£10,000) for women and girls facing domestic abuse in the borough. Recipients included Solidarity Sports (£9,940) to support families in poverty with food essentials and utility bills, delivering care packages including toiletries for children, and the Easter holiday club of the White City Interfaith Partnership (£2,100) for lunches and healthy snacks.
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In October, we renewed our administrative and advisory support for Small Tap Big Change , Hammersmith BID’s homelessness initiative. This funded additional beds, hot meals, washing facilities, outreach services and life skills coaching. The charities that continued to benefit were the Baron’s Court Project, St Andrew’s Fulham Fields, The Upper Room, and Glass Door.
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We also partnered with Fulham-based independent bike shop Pedal Back Cycles to launch Pedal Gives Back , an ambitious project to ensure 100 abandoned bikes from Southwest Railway stations are professionally restored and matched with locals who are unable to afford a bike. This was made possible by £10,000 of grant funding from the Mayor of London’s Groundwork scheme, and has benefitted care staff and delivery cyclists, as well as those looking for work.
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In March, we launched Tech4Kids , an ambitious new £159,000 appeal with H&F Council and local enterprise Ready Tech Go to provide devices and data to 1,500 local children in poverty, so they can catch up with missed learning and gain vital digital skills for life. We continue to call on people and businesses to help us to fill the gaps and make none of these local children have to go without any longer, whether inside or outside of the pandemic.
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We also connected businesses and other foundations to the community over the year, including the Queen’s Club for their tennis outreach, and local companies looking to give away goods or encourage volunteering, including Immediate Media staff who volunteered to supply distribute more than 300 food boxes to children who were at risk of holiday hunger during Christmas and Easter breaks.
The year also shone a much-needed spotlight on global racial injustice, and so UNITED in Hammersmith & Fulham set out a series of actions to play a stronger part in eliminating inequality and prejudice every day. This included a focus on inspiring black and other minority communities to join our team. As a result, we onboarded one new Trustee, one Grants Officer, and six residents as Community Grants Panellists. The latter will commence go on to make independent decisions to allocate pots of funding which support community initiatives for the next 18-month, helping us continue our mission to help make our borough an even better place to work, live and play.
Grant Making Policy
UNITED in Hammersmith & Fulham does not make grants to individuals, but to other charities, social enterprises, tenants and residents associations, and other constituted community groups with charitable purposes.
Published grant-making criteria set out the activities eligible on a fund-by-fund basis, all in furtherance of the Foundation’s charitable objectives. Criteria also include activities which the Trustees do not wish to support.
Nominated panellists always include a representative from the Board of Trustees with the exception of the resident-led Community Grants Panel. These groups may too, occasionally, make grants outside published criteria but that in all such cases the activity supported will be charitable in law.
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
Financial Review
Results for the year ended 31 March 2021 are given in the Statement of Financial Activities. The assets and liabilities are given in the Balance Sheet. The financial statements should be read in conjunction with the related notes. The Trustees regard the financial position of the charity at 31 March 2021 to be satisfactory. The charity was administered by Hammersmith United Charities.
In summary, the total income for the year was £386,608 and total expenditure on charitable activities amounted to £342,114. The main source of income for the Charity was council funding, trust and foundations, and individual donations.
A significant increase compared to last year was achieved due to successful crowdfunding, and a new partnership with the local council to grant funds incoming from central government departments.
At 31 March 2021, the charity’s net current assets amounted to £78,709 as shown in the Balance Sheet. Full details of income and expenditure are set out in the notes to the financial statements.
Reserves
UNITED in Hammersmith & Fulham will aim to hold sufficient reserves to meet its legal obligations including completing grant commitments. The Charity is currently dependent on grant income in order to maintain its core activities.
The Trustees aim to maintain unrestricted reserves equivalent to three months running costs, this equates to approximately £23,107.
The Trustees consider that this level will provide sufficient funds to cover support and governance costs. Unrestricted free reserves at the end of this period were £26,497.
Restricted reserves total £52,212 and relate to funds raised to distribute to the community, these will be distributed after the year end in accordance with our planned activity.
Going Concern
At the December Board meeting the Trustees reviewed current reserves, forecast future income and forthcoming commitments for the 12 months to December 2021, especially given a majority core cost City Bridge Trust funding for the following four years. As a result, the Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Plans for the Future
The future for all of us dominated by the ongoing coronavirus crisis which we assume will be with us for at least the forthcoming financial year if not longer and continues to affect local people. Nonetheless, we will govern with to galvanise local people, businesses, and organisations to encourage them to give their time, energy, and money to support people Hammersmith & Fulham.
We will continue our work to ensure our Board is representative. We will also engage and empower our Community Grants Panel to create opportunities for others.
With new systems in place, we will be more data informed and impact led, and examine how we can expand and best partner for change.
This is important as we those in need in our community continue to need us greatly, and we remain committed to our work.
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UNITED IN HAMMERSMITH AND FULHAM Trustees Report for the year ended 31 March 2021
Director’s Responsibilities
The directors are also Trustees of United in Hammersmith and Fulham for the purposes of charity law and are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue its operations.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention of fraud and other irregularities.
Audit Exemption
For the year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006. It was approved by the Board of Directors on 13 September 2021, and signed on behalf of the Board by:
Joanna Kennedy
Chair / Director of the Board of Trustees
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INDEPENDENT EXAMINERS REPORT UNITED IN HAMMERSMITH AND FULHAM
Independent examiner’s report to the Trustees of UNITED IN HAMMERSMITH AND FULHAM
I report on the financial statements of the company for the year ended 31 March 2021 which are set out on pages 9 to 15.
This report is made solely to the charitable company’s Trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s Trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s Trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the charity’s Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Andrew Thomas ACA Chartered Accountant Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Date: 12 November 2021
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements for the year ended 31 March 2021
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2021
| Note Income from: Donations and Grants 2 Total Expenditure on: Charitable activities 3 Total Net income / (expenditure) Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward |
Unrestricted funds Restricted funds Year ended 31 March 2021 Period ended 31 March 2020 £ £ £ £ 74,347 312,262 386,608 43,031 |
|---|---|
| 74,347 312,262 386,608 43,031 |
|
| 66,056 276,058 342,114 56,692 |
|
| 66,056 276,058 342,114 56,692 |
|
| 8,291 36,204 44,495 (13,661) 8,291 36,204 44,495 (13,661) 18,206 16,008 34,214 47,875 |
|
| 26,497 52,212 78,709 34,214 |
All of the above results are derived from continuing activities. The notes on pages 12 - 17 form part of these financial statements
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2021
| Note Current assets Debtors 6 Cash at Bank Creditors:amounts falling due within one year Accruals 7 Net current assets Net Assets Funds 8 Restricted funds Unrestricted funds Total Funds |
£ 56,411 44,943 |
31 March 2021 £ 78,709 78,709 52,212 26,497 78,709 |
£ 31,559 16,495 |
31 March 2020 £ 34,214 |
|---|---|---|---|---|
| 101,354 (22,644) |
48,054 (13,840) |
|||
| 34,214 | ||||
| 16,008 18,206 |
||||
| 34,214 |
For the year ended 31 March 2021, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
• The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 Section 1A, ’The Financial Reporting Standard applicable in the UK and Republic of Ireland’.
Approved by the Board on 13 September 2021 and signed on their behalf by:
Joanna Kennedy (Chair) Helen Fagan (Trustee)
The notes on pages 12 - 17 form part of these financial statements
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YAER ENDED 31 MARCH 2021
1. ACCOUNTING POLICIES
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015.
In the view of the Trustees, having considered expectations and intentions for the next twelve months and the availability of working capital, there are no material uncertainties casting doubt on the going concern of the charity. The Trustees are therefore satisfied that it remains appropriate to prepare the financial statements on the going concern basis.
1.2 Company status
The company is a company limited by guarantee incorporated and domiciled in the UK and is a public benefit entity as defined by FRS102. Company registration number 11436689 and Charity Registration number: 1187649
1.3 Income
All income is included in the Income Statement when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is probable.
1.4 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the company to that expenditure, 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 costs 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 commitments are recognised when the intention to make a grant have been communicated to the recipient.
1.5 Taxation
United in Hammersmith and Fulham is a charity for the purposes of Corporation Tax. Under Part 11 Corporation Tax act 2010 and s.256 Taxation Of Chargeable Gains Act 1992 it is entitled to exemption from Tax on certain sources of income and gains including donations, investment income from charitable trading.
1.6 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Directors. Restricted funds are used in accordance with donors’ restrictions.
1.7 Financial Instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at cost comprise trade and other debtors. Financial liabilities held at cost comprise accrued costs.
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
2. INCOME FROM DONATIONS AND GRANTS
| Unrestricted | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| £ | £ | £ | £ | |||
| Donations | 1,847 | 149,426 | 151,273 | 28,031 | ||
| Grants: | ||||||
| Hammersmith United Charities | 30,000 | 15,000 | 45,000 | |||
| DEBK Fulham Charity | 15,000 | 5,000 | 20,000 | 15,000 | ||
| LBHF Council | 4,000 | 142,836 | 146,836 | |||
| City Bridge Trust | 23,500 | - | 23,500 | - | ||
| 72,500 | 162,836 | 235,336 | 15,000 | |||
| Total Donations and Grants | 74,347 | 312,262 | 386,609 | 43,031 | ||
| Total 2020 | 15,250 | _27,781 _ | _43,031 _ | |||
| 3. EXPENDITURE ON CHARITABLE ACTIVITIES |
||||||
| Charitable Activities | Total | Total | ||||
| Direct | Support | 2021 | 2020 | |||
| £ | £ | £ | £ | |||
| Grants Awarded | 276,058 | - | 276,058 | 17,060 | ||
| Other Direct Costs | 5,195 | 5,195 | 1,489 | |||
| Staff Costs (Note 4) | - | 51,113 | 51,113 | 10,593 | ||
| Professional Fees | - | 5.150 | 5,150 | 16,040 | ||
| Governance Costs | - | 3,104 | 3,104 | 3,069 | ||
| Office Costs | - | 1,494 | 1,494 | 441 | ||
| 281,253 | 60,861 | 342,114 | 48,692 | |||
| Analysis of Grants Awarded by Project | ||||||
| Grants were awarded to institutions for the | following projects: | |||||
| 2021 | 2020 | |||||
| Great Get Together | 300 | 9,578 | ||||
| Warmer Together | - | 2,840 | ||||
| Small Tap Big Change | 6,015 | 4,642 | ||||
| Coronavirus community | 123,283 | - | ||||
| Response appeal DWP | 142,836 | - | ||||
| Pedal Gives Back | 3,470 | - | ||||
| H&F Mutual Aid Space hive | 154 | |||||
| Total | 276,058 | 17,060 |
Included within governance costs are independent examiner fees of £3,000 (2020: £3,000).
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
4. STAFF COSTS
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Wages and Salaries | 45,593 | 9,250 |
| Social Security Costs | 4,576 | 978 |
| Pension | 262 | - |
| Other staff costs | 682 | 365 |
| ______ | _____ | |
| Total staff costs | 51,113 | 10,593 |
There were no employees with salaries in excess of £60,000 (2020: Nil) Hammersmith United Charities provides administration support for the charity.
5. RELATED PARTY TRANSACTIONS
None of the Trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. (2020: Nil).
Dr Edwards and Bishop Kings Fulham Charity (founding partner): £15k donation towards running costs and £5k donation to the Coronavirus appeal.
Hammersmith United Charities (founding partner): £30K towards running costs and £5k donation towards the Coronavirus appeal.
At 31 March 2021, £563 was due from Hammersmith United Charities.
6. Debtor
| ebtor | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Cash in HUC Account | 563 | 31,559 |
| Accrued Income and Prepayment | 55,848 | - |
| ______ | _____ | |
| 56,411 | 31,559 | |
| reditor | ||
| 2021 | 2020 | |
| £ | £ | |
| Grants Payable | 12,100 | 8,000 |
| Trade Creditors | 5,584 | 840 |
| Accruals | 4,960 | 5,000 |
| ______ | _____ | |
| 22,644 | 13,840 |
7. Creditor
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
8. STATEMENT OF FUNDS
| Balance | Incoming | Outgoing | Balances | |
|---|---|---|---|---|
| For the Year ended to | Brought | Resources | Resources | carried |
| 31 March 2021 | forward | forward | ||
| £ | £ | £ | ||
| RESTRICTED: | ||||
| Great Get Together | 2,080 | - | (300) | 1,780 |
| Warmer Together | 6,409 | 10,859 | - | 17,268 |
| Small Tap Big Change | 524 | 12,048 | (6,015) | 6,557 |
| Coronavirus community | 6,995 | 132,012 | (123,283) | 15,724 |
| Response appeal | ||||
| DWP Winter Wellbeing | - | 142,836 | (142,836) | - |
| Pedal Gives Back | - | 3,470 | (3.470) | - |
| Tech4Kids | - | 6,996 | - | 6,996 |
| Other | - | 4,041 | (153) | 3,887 |
| _____ | ______ | _ | ______ | |
| Total restricted funds | 16,008 | 316,261 | (280,058) | 52,212 |
| UNRESTRICTED: | ||||
| General reserve | 18,206 | 74,347 | (66,056) | 26,497 |
| Revised | Revised | |||
| Pre | Incoming | Outgoing | Balances | |
| For the period to | Incorporation | Resources | Resources | carried |
| 31 March 2020 | forward | |||
| £ | £ | £ | ||
| RESTRICTED: | ||||
| Great Get Together | 11,658 | - | (9,578) | 2,080 |
| Warmer Together | 1,629 | 7,620 | (2,840) | 6,409 |
| Small Tap Big Change | - | 5,166 | (4,642) | 524 |
| Coronavirus | - | 14,995 | (8,000) | 6,995 |
| __ | __ | ___ | __ | |
| Total restricted funds | 13,588 | 27,781 | (25,060) | 16,008 |
| UNRESTRICTED: | ||||
| General reserve | 34,588 | 15,250 | (31,632) | 18,206 |
Purpose of restricted funds
Great Get Together: For building connections across diverse backgrounds Warmer Together: For older people who struggle through the winter months Small Tap Big Change: For rough sleepers in the local area
Coronavirus Community Response Appeal: For covid related response activities DWP Winter Wellbeing: For children and families needing essentials Pedal Gives Back: For making bicycles available to people in poverty Tech4Kids: For devices and data for digitally excluded children and young people
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9 NET ASSET ALLOCATION
UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
| For the Year Ended | Unrestricted | Restricted | Total |
|---|---|---|---|
| 31 March 2021 | |||
| £ | £ | £ | |
| Debtor | - | 563 | 563 |
| Accrued Income (LBHF) | - | 55,848 | 55,848 |
| Cash at Bank | 37,041 | 7,901 | 44,942 |
| Accruals | (10,544) | (12,100) | (22,644) |
| _ | ______ | ______ | |
| Net Current Assets | 26,497 | 52,212 | 78,709 |
| For the period to | Unrestricted | Restricted | Total |
| 31 March 2020 | |||
| £ | £ | £ | |
| Debtor | 7,551 | 24,008 | 31,559 |
| Cash at Bank | 16,495 | - | 16,495 |
| Accruals | (5,840) | (8,000) | (13,840) |
| _ | ______ | ______ | |
| Net Current Assets | 18,206 | 16,008 | 34,214 |
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UNITED IN HAMMERSMITH AND FULHAM Notes to the Financial Statements For the year ended 31 March 2021
Comparative Sofa
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2020
| Note Income from: Donations and Grants 5 Total Expenditure on: Raising Funds: Charitable activities 2 Total Net income / (expenditure) Transfers Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward |
Unrestricted Restricted 9-month period ended 31 March 2020 Year ended 30 June 2019 £ £ £ £ 15,250 27,781 43,031 48,762 |
|---|---|
| 15,250 27,781 43,031 48,762 |
|
| - - - - 31,632 25,060 56,692 59,802 |
|
| 31,632 25,060 56,692 59,802 |
|
| (16,382) 2,721 (13,661) (11,040) - - - - |
|
| (16,382) 2,721 (13,661) (11,040) 34,588 13,287 47,875 58,915 |
|
| 18,206 16,008 34,214 47,875 |
17