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|Trustees:|Trustees:|||Mr Andrew
Krokou||Chair|Chair||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Dr. S.Whittle||Vice||Chair|||
|||||Councillor S.Peacock|||||||
|||||Mr Peter Jones||Left 16May 2021|||||
|||||Councillor G Bull|||||||
|||||Rev Dr Bunmi Fagbemi||Left 16June 2021|||||
|||||Cllr Kaushika
Amin||Joined 16May|||2021||
|||||Toni Mallett||Joined 24 November||||2021|
|||||Rev Andrew
Williams||Joined 24 November||||2021|
|||||Cllr Lorna Reith|||||||
|||||Cllr Reg Rice|||||||
|||||Mark Grosskopf|||||||
|||||Cllr Bibi Khan|||||||
|||||Clive Boutle||Left 21 June 2021|||||
|||||Cllr Tamrny Palmer|||||||
|Gh|ithf N|be:||207490|||||||
|Address:||||Tottenham
District Charity|||||||
|||||Town Hall Approach|Road||||||
|||||Tottenham|||||||
|||||London|||||||
|||||N15 4RY|||||||
|Inde|endent|Examiner:||AA Boafo- Brewu, FCCA||MBA|||||
|||||Augustus
8 Co.|||||||
|||||Chartered
Certified Accountants|||&|Registered|Auditors||
|||||374 Ley Street|||||||
|||||llford, Essex|||||||
|||||1G1 4AE|||||||
|Investment||Mana|ers:|Gracechurch
Wealth|Management|||LLP|||
|||||EFX House|||||||
|||||1 Boycott Avenue|||||||
|||||Oldbrook|||||||
|||||Milton Keynes|||||||
|||||MK6 2RW|||||||
|Bankers:||||Barclays Bank PLC|||||||
|||||Wood Green|||||||
|||||London|||||||
|||||N22 6QQ|||||||
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|||Notes|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Fund|Funds|Funds|
||||||2022|2021|
|Income and endowments|||||||
|Donations
and le acies:|||||||
|Donations|||49,800||49,800|250|
|Investment
Income|||170,777||170,777|142,677|
|Total Incoming resources|||220,577||220,577|142,927|
|~Edit|||||||
|Costs of raising funds:|||||||
|Investment
management|cost|4|15,155||15,155|13,790|
|Expenditure
on charitable|||||||
|activities:|||||||
|Pensions|||50,045||50,045|55,450|
|Grants|||96,471||96,471|64,248|
|Sub Total|||146,516||146,516|119,698|
|Total expenditure|||161,672||161,672|133,488|
|Net income/(expenditure)|||||||
|before gains/(losses)|on||||||
|investments|||58,905||58,905|9,439|
|Gains on Land Building||7|||||
|Gains on Investment|||9,899|34,791|44,690|421,935|
|Net movement
in funds|||88,804|34,791|103,595|431,374|
|Reconciliation
of Funds|||||||
|Total Funds brought
forward|||615,243|2,959,997|3,575,240|3,143,888|
|Fund balances carried|||||||
|forward at 31 March 2022|||684,047|2,994,788|3,678,835|3,575,240|
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|||||Notes|Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Fund|Funds|Funds|
||||||||2022|2021|
|FIXEDASSETS:|||||||||
|Tangible Assets||||||1,372,700|1,372,700|1,372,700|
|Investments|||||461 520|1 622 088|2083608|2038918|
||||Total Fixed Assets||461,520|2,994,788|3,456,308|3,411,618|
|CURRENT|ASSETS:||||||||
|Debtors|||||32,207||32,207|49,825|
|Cash at bank and||in hand|||196,510||196,510|130,011|
||||Total Current Assets||228,717||228,717|179,836|
|LIABILITIES."|||||||||
|Creditors:
Amount||falling|due within one year|10|6,190||6,190|16,214|
|Net Current|Assets||||222,527||222,527|163,622|
||||Net Assets||684,047|2,994,788|3,678,835|3,575,240|
|Total Fund|ofthe|chari|||||||
|Permanent|Endowment||Fund|||2,994,788|2,994,788|2,959,997|
|Unrestricted|funds||||684,047||684,047|615,243|
||||||684,047|2,994,788|3,678,835|3,575,240|
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|||||2022|2021|
|---|---|---|---|---|---|
|||||5|E|
||Donations|and legacies:||||
|2|Donations|||49,800|250|
|||||49,800|250|
|3|Investment|income:||||
||Rent Receivable|||115,761|87,500|
||Dividends - Equities|||55,000|55,000|
||Interest on|cash deposits||16|177|
|||||170,777|142,677|
|4|Investment|management|cost|||
||Investment|management|fees|15,155|13,788|
|||||15,156|13,788|
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|Since the charity has no|employees|all cost are allocated to governance|costs||
|---|---|---|---|---|
||||2022|2021|
|Governance costs|||E|f|
|Secretarial Services|||9,345|8,900|
|Accountancy
&Bookkeeping|||6,530|6,200|
|Independent
Examiner's|fee||2,547|2,426|
|Sundry Expenses|||1,342|2,173|
||||19,764|19,698|
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|to old age pensioners
who|should|be resident
in Tot|tenham,
North Lo|ndon.||
|---|---|---|---|---|---|
|||||2022|2021|
|||Grant /Pension|Governance|Total||
|||Funded
activity|cost|E||
|Funded from unrestricted|fund|||||
|Pensions/Bonus||43,295|6,751|50,045|55,450|
|Grants||83,458|13,013|96,471|64,249|
|||126,752|19,764|146,516|119,699|
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|7|Tangible Fixed Assets||||||||
|---|---|---|---|---|---|---|---|---|
||Freehold
Land 8 Buildings|?08High Rd|||710|High Rd.|724-6 High Rd.||
|||London N17
f|||London N17
f||London N17
f|TOTAL|
||Value at 1 April 2021||450,600||296,600||625,500|1,372,700|
||Revaluation
Gain/(Losses)||||||||
||Value at 31 March 2022||450,600||296,600||625,500|1,372,700|
||Value at 31 March 2021||450,600||296,600||625,500|1,372,700|
|8|Fixed Asset Investments||||||||
||Restricted
Fund||||||2022|2021|
||Permanent
Endowment
Fund:||||||f||
||Market value brought
forward at 1 April||2021||||1,587,297|1,283,204|
||Prior Year Adjustment|||||||(24,383)|
||Addition
during the year||||||||
||||||||1,587,297|1,258,821|
||Add:
Net gain on revaluation-|Investments|||||34,791|328,477|
||Market value as at 31 March 2022||||||1,622,088|1,587,297|
||Unrestricted
Fund||||||||
||Market value brought
forward at 1 April||2021||||451,621|365,098|
||Prior year adjustment|||||||(6,936)|
||Net movement
in Unrestricted|Funds during year:|||||451,621|358,162|
||General
Fund||||||9,899|93,459|
||Market value as at 31 March 2022||||||461,520|451,621|
||Investment
at market value comprised:||||||2022|2021|
||Equities||||||2,083,608|2,038,918|
||Total||||||2,083,608|2,038,918|
|9|Analyis ofcurrent assets
Debtors||||||2022f|2021|
||Insurance
8 Rent income due|- 710High||Road|||29,707|2,481|
||Insurance
&Rent income due
Rent due - 724-726 High Road|- 708 High||Road|||5,500
~3,000)|5,549
41,795|
||||||||32,207|49,825|
||Cash at bank||||||196,510|130,010|
||||||||228,717|179,835|
||Debtors and Cash at bank related to unrestricted||||funds.||||
|10|Creditors
under
1 year||||||||
||Independent
Examiner's fee||||||2,547|2,426|
||Professional
Fee||||||3,644|13,788|
||||||||6,190|16,214|
||All creditors
relate to unrestricted
funds||||||||
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|Analysis of|Fund||Balance|Income|Expenditure|Transfers|Gain and|Fund|
|---|---|---|---|---|---|---|---|---|
|Movements|||B/Fwd||||Losses|C/Fwd|
||||f||||f|f|
|Permanent|Endowment|Fund|2,959,997||||34,791|2,994,788|
|Urestricted|Funds||615,243|226,577|~767,672)||9,899|884,II47|
||||3,575,240|220,577|( 161,672)||44,690|3,678,835|
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