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2021-03-31-accounts

Page
Director's and Trustees' Report 3 —9
Report ofthe Independent Examiner 10
Statement of Financial Activities
Balance Sheet 12
Notes to the Accounts 13 —21

has not been in cluded).
Grant Amount Can be used for...
LBE 825,000 Unrestricted- Business interruption
L&Q Foundation 85,000 Restricted- Project and emergency grant
LCF Wave 4 E10,000 Restricted —Emergency project grant
LLP (countryside) E14,250 Restricted- Covide-19 emergency
Countryside Christmas Hamper f7,000 Restricted- Christmas Hamper
LBE 83,000 Restricted- Emergency Covid-19 Grant
(on behalf ofYouth centre)
LBE F3,143 Unrestricted- Business interruption
LBE 812,413 Unrestricted- Business interruption
Acton Gardens LLP 825,000 Unrestricted
Total 8104,536

Unrestricted Restricted Total Total
Notes Funds Funds 2021 2020
E F 8 F
Income
Grants and donations 25,000 58,513 83,513 5,096
Income from charitable activities 82,614 54,536 137,150 163,124
Other trading income 21,326 21,326 55,302
Total income 128,939 113,049 241,988 223,522
Expenditure
Cost of raising funds 46,753 35,108 81,860 19,302
Expenditure on charitable activities 27,040 71,084 98,125 204,220
Total Expenditure 73,793 106,192 179,985 223,522
Net income and net movement in funds
for the year 55,147 6,857 62,003
Reconciliation offunds
Total funds, brought forward
Total funds, carried forward 55,147 6,857 62,003

GRANT S AND DONA TIONS
Unrestrictedf Restricted
f
2021f 2020f
HMRC Job Retention Scheme grant 58,513 58,513 5,096
London Borough of Ealing 25,000 25,000
25 OOO 55,513 83,513 5,096

INCOIIIIE FROM CH A RITABLE ACTIV ITIES
Unrestrictedf Restrictedf 2021f 2020f
Contract income:
Acton Garden
LLP
82,614 82,614 155,025
London and Quadrant 8,099
Grant income:
London and Quadrant Housing Trust 5,000 5,000
London Borough of Ealing 18,286 18,286
Country side 21,250 21,250
London
Community
Foundation 10,000 10,000
82,614 54,536 137,150 163,124

OTHER TRADING
INCOME
Unrestrictedf 2021f 2020f
Rental income 21,326 21,326 55,302
21,326 21,326 55,302
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General Governance Total Total
supportf function
8
2021
6
2020
8
Staff costs 9,435 5,781 15,216 16,724
Premises
and equipment
costs 3,911 3,911 5,557
Communications
costs
2,549 2,549 2,790
Information
technology
5,589 5,589 20,290
Legal and professional expenses 3,348 1,680 5,028 12,495
Miscellaneous
expenses
2,169 2,169 1,175
Independent
examination
2,880 2,880 2,880
27,002 10,341 37,342 61,911

This is stated after charging:
2021 2020
Independent Examination 2,880 2,880
Depreciation 2,533 1,861
ANALYSIS OF STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES, AND COST OF KEY AND EXPENSES, AND COST OF KEY
MANAGEMENT
PERSONNEL
STAFF COSTS 2021 2020
Wages and salaries 81,024 56,007
National
Insurance
5,155 3,217
Pension 1,436 752
Seconded staff 25,366 70,855
112,981 130,831

age
monthly
number
of full time staff empl
oyed
by the charity
during
the year was
as follows:
2021 2020
Fundraising 1.9 0.2
Empowering 0.4 1.1
Space 0.8
Seconded staff 0.7 1.5
3.8 3.9

FIXEDASSETS
Computers
E
Cost:
As at 01 April 2020 7,442
Additions 2,690
As at 31 March 2021 10,132
Depreciation:
As at 01 April 2020 1,861
Charge for the period 2,533
As at 31 March 2021 4,394
Net book value:
As at 31 March 2020 5,581
As at 31 March 2021 5,738

DEBTORS
2021 2020
8 8
Trade debtors 1,059 3,018
Amount due from parent company 8,059 21,536
Other debtors 723 5,805
9,841 30,359

CREDITORS: am ou nt s
falling
due within o ne year
2021
6
2020f
Trade creditors 2,478 4,045
Taxation and social security 465 2,719
Other creditors 4,077 2,890
Deferred
income
(note 15) 58,236
Accruals 2,880 2,880
9,900 70,770
NET IylOVElyIENTS IN FUNDS
Balance as Balance as
at 01.04.2020f Incomef Expenditure
6
at 31.03.2021
8
Restricted funds
London and Quadrant Housing Trust 5,000 2,904 2,096
London Borough of Ealing 18,286 18,286
HMRC Job Retention Scheme grant 58,513 58,513
Countryside
Properties
21,250 21,250
London
Community
Foundation 10,000 5,239 4,761
1T3Tillg
Unrestricted
funds
128,939 73,793 55,147
Total funds 241,988 179,985 62,003
Net movements in funds- previous year
Balance as Balance as
at 20.12.2018
6
Income
6
Expenditure
6
at 31.03.2020
f
Unrestricted
funds
223,522 223,522
Total funds 223,522 223,522

ANALYS IS OF F UND BALA NCES BE TWEEN NET ASSETS
Unrestricted Restricted Total
Funds
6
Fundsf 2021
6
Tangible fixed assets 5,738 5,738
Net current assets 49,408 6,857 56,265
55,147 6,857 62,003
Analysis offund balances between net assets —previous
year
Unrestricted Restricted Total
Fundsf Fundsf 2021f
Tangible fixed assets 5,581 5,581
Net current assets (5,581) (5,581)
DEFERR ED INCOME
2021 2020
6 E
Balance as at 1st April 2020 58,236 58,236
Amount released to income in the year (58,236)
Amount deferred in the year
Balance as at 31 March 2021 58,236