| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe charity, | its Trustees and advisers | |||
| Chair's statement | |||||
| Trustees' report |
3-9 | ||||
| Trustees' responsibilities |
statement | 10 | |||
| Independent examiner's |
report | 11-12 | |||
| Statement of financial | activities | ||||
| Balance sheet | 14 | ||||
| Notes to the financial | statements | 15 - 33 |
| Trustees | RJoseph, Chair and Hon | RJoseph, Chair and Hon | Treasurer | Treasurer | |||||
|---|---|---|---|---|---|---|---|---|---|
| S Camp, Vice Chair and | Hon. Secretary | ||||||||
| S Daley | |||||||||
| Kurdish & Middle Eastern |
Women's | Organisation | (represented | by S Saiim) | |||||
| London Capital Credit | Union (represented | by H | Baron) | ||||||
| Experience Archery (represented | by | L Pittis) | |||||||
| Charity registered | |||||||||
| number | 210270 | ||||||||
| Principal office | 129StJohn's Way | ||||||||
| Islington | |||||||||
| London | |||||||||
| N19 3RQ | |||||||||
| Holding Trustees | J Corbyn MP |
||||||||
| Cllr. M Spall | |||||||||
| Centre Manager | Paul Furze | ||||||||
| Accountants | RPG Crouch Chapman | LLP | |||||||
| Chartered Accountants |
|||||||||
| 14-16Dowgate Hill |
|||||||||
| London | |||||||||
| EC4R 2SU | |||||||||
| Bankers | CAF Bank Limited | ||||||||
| Kings Hill |
|||||||||
| West Mailing | |||||||||
| Kent | |||||||||
| ME194TA | |||||||||
| Independent | Examiner | Jeremy Tyrrell BA (Hons) | FCA | ||||||
| RPG Crouch Chapman | LLP | ||||||||
| Chartered Accountants |
|||||||||
| 5th Floor, 14-16Dowgate | Hill | ||||||||
| London | |||||||||
| EC4R 2SU |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | E | 6 | f | E | |||
| Income from: | |||||||
| Donations and |
legacies | 5 | 64,140 | 101,663 | 165,803 | 278,212 | |
| Charitable activities |
6 | 141,809 | 141,809 | 131,360 | |||
| Other income | 43 | 43 | 107 | ||||
| Total income | 205,992 | 101,663 | 307,655 | 409,679 | |||
| Expenditure on: |
|||||||
| Charitable activities |
7 | 200,685 | 105,793 | 306,478 | 362,281 | ||
| Total expenditure | 200,685 | 105,793 | 306,478 | 362,281 | |||
| Net movement | ln funds | 5,307 | (4,130) | 1,177 | 47,398 | ||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 273,500 | 69,544 | 343,044 | 295,646 | ||
| Net movement | in funds | 5,307 | (4,130) | 1,177 | 47,398 | ||
| Total funds carried | forward | 278,807 | 65,414 | 344,221 | 343,044 |
| BALANCE SHEET | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31 MARCH 2022 | ||||||
| 2022 | 2021 | |||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 13 | 114,598 | 130,905 | |||
| 1'I4,598 | 130,905 | |||||
| Current assets | ||||||
| Debtors | 14 | 49,731 | 6,776 | |||
| Cash at bank and | in hand | 210,169 | 252,434 | |||
| 259,900 | 259,210 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 16 | (30,277) | (47,071) | |||
| Net current assets | 229,623 | 212,139 | ||||
| Total net assets | 344,221 | 343,044 | ||||
| Charity funds | ||||||
| Restricted funds | 16 | 65,414 | 69,544 | |||
| Unrestricted funds |
16 | 278,807 | 273,500 | |||
| Total funds | 344,221 | 343,044 |
| ciation is |
provided on the |
following bases: | ||
|---|---|---|---|---|
| Long-term | leasehold | -2% p.a.straight | line or 33years | |
| property | ||||
| Plant and | machinery | - 10%p.a.straight | line or 20 years | |
| Fixtures and fittings | -25% p.a. straight | line |
| Financial Pe |
rformance ofthe Charity |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Funds | Funds | Total Funds | ||
| 31 March | 31 March | 31 March | ||
| 2022 | 2022 | 2022 | ||
| f | ||||
| Income | 205,992 | 101,663 | 307,655 | |
| Expenditure | before depreciation | (188,509) | (101,663) | (290,172) |
| 17,483 | 17,483 | |||
| Depreciation | adjustment | (12,177) | (4,130) | (16,307) |
| Total | 5,306 | (4,130) | 1,176 |
| Un- | |||
|---|---|---|---|
| restricted | Restricted | Total | |
| funds | funds | funds | |
| 2022f | 2022f | 2022 | |
| Donations | 9,140 | 9,140 | |
| Grants | 55,000 | 101,663 | 156,663 |
| 64,140 | 101,663 | 165,803 | |
| Un- | |||
| restricted | Restricted | Total | |
| funds | funds | funds | |
| 2021f | 2021f | 2021f | |
| Donations | 25,777 | 25,777 | |
| Grants | 252,435 | 252,435 | |
| 25,777 | 252,435 | 278,212 |
| Un- | |||||
|---|---|---|---|---|---|
| restricted | Total | ||||
| funds | funds | ||||
| 2022f | 2022 F |
||||
| Income | from | services | provided | 141,809 | 141,809 |
| Un- | |||||
| restricted | Total | ||||
| funds | funds | ||||
| 2021f | 2021f | ||||
| Income | from | services | provided | 131,360 | 131,360 |
| De- | Total | |||||
|---|---|---|---|---|---|---|
| Staff costs | preciation | Other costs | funds | |||
| 2022f | 2022 F |
2022 f |
2022 F |
|||
| Social amenities | 141,337 | 16,307 | 142,524 | 300,168 | ||
| Management and administration charity - Governance |
ofthe | 4,270 | 2,040 | 6,310 | ||
| 145,607 | 16,307 | 144,564 | 306,478 | |||
| De- | Total | |||||
| Staff costs | preciation | Other Costs | funds | |||
| 2021 F |
2021 f |
2021 f |
2021 | |||
| Social amenities | 148,421 | 15,758 | 191,975 | 356,154 | ||
| Management and administration charity - Governance |
ofthe | 4,127 | 2,000 | 6,127 | ||
| 152,548 | 15,758 | 193,975 | 362,281 |
| Un- | |||||
|---|---|---|---|---|---|
| restricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | |||
| 8 | |||||
| Establishment | Salaries | 112,394 | 17,000 | 129,394 | |
| Establishment | Pension | 4,005 | 4,005 | ||
| Freelancersl Subcontractors |
11,889 | 11,889 | |||
| Rent and rates | 880 | 880 | |||
| Heat and light | 8,465 | 8,465 | |||
| Telephone | 2,055 | 2,055 | |||
| Stationery | 730 | 730 | |||
| Cleaning, repairs and maintenance |
20,500 | 37,500 | 58,000 | ||
| Insurance | 10,639 | 10,639 | |||
| Subscriptions | 878 | 878 | |||
| Photocopying | 149 | 100 | 249 | ||
| Sundry expenses | 421 | 421 | |||
| Computer | 692 | 692 | |||
| Accounting and independent |
examination | 2,653 | 2,653 | ||
| Staff welfare and training | 917 | 917 | |||
| Volunteer and travel |
801 | 200 | 1,001 | ||
| Depreciation | 12,177 | 4,130 | 16,307 | ||
| Under 5s Club | 5,523 | 9,115 | 14,638 | ||
| Other projects | 4,917 | 37,748 | 42,665 | ||
| 200,685 | 105,793 | 306,478 |
| Un- | |||||
|---|---|---|---|---|---|
| restricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2021f | 2021f | 2021 | |||
| Establishment | Salaries | 145,667 | 145,667 | ||
| Establishment | Pension | 2,225 | 2,225 | ||
| Freelancersl Subcontractors |
6,407 | 6,407 | |||
| Rent and rates | 1,373 | 1,373 | |||
| Heat and light | 12,458 | 12,458 | |||
| Telephone | 2,102 | 2,102 | |||
| Stationery | 662 | 662 | |||
| Cleaning, repairs and maintenance |
15,615 | 64,728 | 80,343 | ||
| Insurance | 10,057 | 10,057 | |||
| Subscriptions | 287 | 287 | |||
| Photocopying | 235 | 235 | |||
| Sundry expenses | 452 | 452 | |||
| Computer | 4,571 | 4,571 | |||
| Accounting and independent |
examination | 2,509 | 2,509 | ||
| Staff welfare and training | 946 | 946 | |||
| Volunteer and travel |
265 | 265 | |||
| Depreciation | 12,377 | 3,381 | 15,758 | ||
| Under 5s Club | 8,858 | 8,858 | |||
| Other Projects | 67,106 | 67,106 | |||
| 106,465 | 255,816 | 362,281 |
| Direct | Support | Total | ||||
|---|---|---|---|---|---|---|
| Costs | Costs | funds | ||||
| 2022 | 2022 | 2022 | ||||
| Voluntary and Fundraising |
56,780 | 13,907 | 70,687 | |||
| Premises Management |
& | Hire | 46,839 | 27,360 | 74,199 | |
| Under 5's Stay & Play/Toy | Library | 9,115 | 5,523 | 14,638 | ||
| Community Project / Events |
||||||
| Stay Well Live Well | 13,063 | 1,575 | 14,638 | |||
| The National Lottery Community |
Fund | |||||
| Power Up North London |
2,200 | 4,531 | 6,731 | |||
| Awards For All |
10,000 | 3,350 | 13,350 | |||
| Coop Community Fund |
4,800 | 8,687 | 13,487 | |||
| Arsenal Foundation |
||||||
| Local Initiative Projects | 2,300 | 6,025 | 8,325 | |||
| Power to Change | ||||||
| Other Projects | 36,912 | 10,150 | 47,062 | |||
| D'Oyly Carte | 3,500 | 9,667 | 13,167 | |||
| London Community Response |
Fund | 6,850 | 6,575 | 13,425 | ||
| NLWA Relish Embellish | 1,786 | 4,833 | 6,619 | |||
| Garfield Weston | 7,500 | 2,650 | 10,150 | |||
| 201,645 | 104,833 | 306,478 |
| Direct | Support | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| Costs | Costs | funds | ||||||
| 2021 | 2021 | 2021 | ||||||
| Voluntary and Fundraising |
62,714 | 15,421 | 78,135 | |||||
| Premises Management |
& | Hire | 53,497 | 22,547 | 76,044 | |||
| Under 5's Stay & Play/Toy | Library | 9,980 | 741 | 10,721 | ||||
| Community Project / |
Events | 48,881 | 2,799 | 51,680 | ||||
| Stay Well Live Well | 24,271 | 1,627 | 25,898 | |||||
| The National Lottery |
Community | Fund | 98,725 | 5,629 | 104,354 | |||
| Power Up North London | ||||||||
| Awards for All |
||||||||
| Coop Community Fund |
319 | 15 | 334 | |||||
| Arsenal Foundation |
2,500 | 163 | 2,663 | |||||
| Local Initiative Projects |
1,735 | 1,769 | ||||||
| Power to Change | 10,000 | 683 | 10,683 | |||||
| Other Projects | ||||||||
| D'Oyly Carte | ||||||||
| London Community |
Response | Fund | ||||||
| NLWA Relish Embellish | ||||||||
| Garfield Weston | ||||||||
| 312,622 | 49,659 | 362,281 | ||||||
| 10. | Governance costs |
|||||||
| 2022f | 2021f | |||||||
| Independent examination |
2,040 | 2,000 | ||||||
| Management time |
4,270 | 4,127 | ||||||
| 6,310 | 6,127 | |||||||
| 11. | Staff costs | |||||||
| 2022 | 2021f | |||||||
| Wages and salaries | 134,779 | 137,525 | ||||||
| Social security costs | 6,823 | 12,798 | ||||||
| Other pension costs | 4,005 | 2,225 | ||||||
| 145,607 | 152,548 |
| Social Amenities |
|---|
| Management and administration |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 6 | 6 |
| Long-term | |||||
|---|---|---|---|---|---|
| leasehold | Plant and | Fixtures and | |||
| property f |
machinery f. |
fittings f |
Total E |
||
| Cost or valuation | |||||
| At 1 April 2021 | 523,320 | 58,985 | 6,570 | 588,875 | |
| Disposals | (1,799) | (1,799) | |||
| At 31 March 2022 | 523,320 | 58,985 | 4,771 | 587,076 | |
| ~Di*ti | |||||
| At 1 April 2021 | 434,876 | 19,663 | 3,431 | 457,970 | |
| Charge for the year | 11,215 | 3,899 | 1,193 | 16,307 | |
| On disposals | (1,799) | (1,799) | |||
| At 31 March 2022 | 446,091 | 23,562 | 2,825 | 472,478 | |
| Net book value | |||||
| At 31 March 2022 | 77,229 | 35,423 | 1,946 | 114,598 | |
| At 31 March 2021 | 88,444 | 39,322 | 3,139 | 130,905 | |
| Debtors | |||||
| 2022f | 2021 | ||||
| Due within one | ear | ||||
| Trade debtors | 47,473 | 709 | |||
| Prepayments and accrued income |
2,258 | 6,067 | |||
| 49,731 | 6,776 |
| 2022 | 2021f | |||||
|---|---|---|---|---|---|---|
| Other taxation and | social security | 70 | 71 | |||
| Accruals | and deferred income |
30,207 | 47,000 | |||
| 30,277 | 47,071 | |||||
| 2022 | 2021 | |||||
| Deferred | income at | 1 April 2021 | 44,825 | 12,596 | ||
| Resources deferred | during the year | 27,975 | 44,825 | |||
| Amounts | released | from previous | periods | (44,825) | (12,596) | |
| 27,975 | 44,825 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31 March | |||||
| April 2021 f |
Income | Expenditure f. |
in/out f |
2022 f |
|||
| Unrestricted funds |
|||||||
| ~Di tdf d |
|||||||
| Capital Fund |
27,137 | (27,137) | |||||
| Cyclical Maintenance | Fund | 14,230 | (18,878) | 27,137 | 22,489 | ||
| 41,367 | (18,878) | 22,489 | |||||
| General funds | |||||||
| General Funds |
232,133 | 205,992 | (181,807) | 256,318 | |||
| Total Unrestricted | funds | 273,500 | 205,992 | (200,685) | 278,807 | ||
| Restricted funds |
|||||||
| Solar Panels | 32,671 | (1,630) | 31,041 | ||||
| Grant for New Boiler | 873 | (500) | 373 | ||||
| Stay & Play | 9,115 | (9,115) | |||||
| Hillrise Community | Plan | 30,000 | (30,000) | ||||
| Funding for Kitchen |
36,000 | (2,000) | 34,000 | ||||
| Power Up North | London | 2,200 | (2,200) | ||||
| NLWA Relish Embellish | 1,786 | (1,786) | |||||
| Awards for All |
10,000 | (10,000) | |||||
| Co-Op Community | Fund | 4,800 | (4,800) | ||||
| LBI Local Initiatives | Fund | 2,300 | (2,300) | ||||
| The D'Oyly Carte | 3,500 | (3,500) | |||||
| Furlough Fund |
3,637 | (3,637) | |||||
| Sports England | 6,912 | (6,912) | |||||
| TNL Reaching Communities |
13,063 | (13,063) | |||||
| Garfield Weston | 7,500 | (7,500) | |||||
| London Community |
|||||||
| Response Fund |
6,850 | (6,850) | |||||
| 69,544 | 101,663 | (105,793) | 65,414 | ||||
| Total of funds | 343,044 | 307,655 | (306,478) | 344,221 |
| General funds | ||||||
|---|---|---|---|---|---|---|
| General Funds |
181,354 | 157,244 | (96,861) | (9,604) | 232,133 | |
| Total Unrestricted | funds | 222,721 | 157,244 | (106,465) | 273,500 | |
| Restricted funds | ||||||
| Solar Panels | 33,552 | (881) | 32,671 | |||
| Grant for New Boiler | 1,373 | (500) | 873 | |||
| Stay & Play | 9,980 | (9,980) | ||||
| LBI Partnership Programme |
41,250 | (41,250) | ||||
| Gentle Exercise | 1,452 | (1,452) | ||||
| Great Get Together | 283 | (283) | ||||
| Arsenal Foundation |
2,500 | (2,500) | ||||
| Co-Op Community | Fund | 319 | (319) | |||
| Kitchen | 38,000 | (2,000) | 36,000 | |||
| Furlough Fund |
14,914 | (14,914) | ||||
| The National Lottery |
||||||
| Community Fund |
98,725 | (98,725) | ||||
| TNL Reaching Communities |
||||||
| (SWLW) | 24,271 | (24,271) | ||||
| Power to Change | 10,000 | (10,000) | ||||
| London Community |
||||||
| Response Fund |
48,741 | (48,741) | ||||
| 72,925 | 252,435 | (255,816) | 69,544 | |||
| Total of funds | 295,646 | 409,679 | (362,281) | 343,044 |
| Analysis | ofnet assets between | funds - current year | |||
|---|---|---|---|---|---|
| Un- | |||||
| restricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2022 E |
2022f | 2022 | |||
| Tangible | fixed assets | 49,184 | 65,414 | 114,598 | |
| Current | assets | 259,900 | 259,900 | ||
| Creditors | due within one year | (30,277) | (30,277) | ||
| Total | 278,807 | 65,414 | 344,221 | ||
| Analysis | of net assets between | funds - prior year | |||
| Un- | |||||
| restricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2021f | 2021 E |
2021 | |||
| Tangible | fixed assets | 61,361 | 69,544 | 130,905 | |
| Current assets | 259,210 | 259,210 | |||
| Creditors | due within one year | (47,071) | (47,071) | ||
| Total | 273,500 | 69,544 | 343,044 |