FINSBURY & CLERKENWELL VOLUNTEERS FINANCIAL ACCOUNTS 31 MARCH 2022 Registeted Charity No 268511
FINSBURY & CLERKENWELL VOLUNTEERS REFERENCE AND ADMtNISTILITIVE DETAtLS OF THE CHAIUTY YEAR ENT)ED 31 MARCH 2022 Name of Organisation Finsbury & Clcrkcnwcll Volunt¢¢rs Registered Office The Commwiity R(M)m 21a Midway House ManniDgford Close London ECIV 7HP Trustees Anthew Thompson Feli¢ity Hart Lesley Tadman Richard Bctts Anna Coates Peter Muswell Laura Roberts Chair Vice Chair & Secretary Treasuter Management Conllnittee Andrew Thompson Felicity Hart Lesley Tadlna Richatd Be Martin Cnx)kson Liam Denning taurd Roberts Chair Vice Chair & Secretary Treasurer Bankers CCLA 80 Cheapside London EC2V 6DZ CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Manning Kent ME194TA 2of16
FINSBURY & CLERKENWELL VOLUIYTEERS TRUSTEES REPORT YEAR ENDED 31 MARCB 2022 The tteeS present thcir report and accouots for year ended 31st March 2022. They have compiled with guidance issued by the Charity Commi55iO STRbCTURE, GOVERNANCE AND MANACEMEYr Thc Managcment Committee meet at six weeldy intervals where re)rtS are heard from the Tre&surer and the part-timt Volunleer Services Co-ordinator. Current and tre activities discusse(L adapting policy as nece&sary. The trustees meet quarterly. Trustees arc elected at the Annual General Meeting (AGM). Trustees may be co-opted during the course of the year but must stand for eleaion at the next AGM wh¢n executive officers including the Chair, Secrctary and TTeasurer are appointeiL Isabella Wisc was the part-time volUntc ServÉ¢¢s Ctrordinator rcporting to members of the ManageFnenl Committee from May 2019. Accounts are subject to an annual independent examination. OWECTIVES Th¢ constitution's objective is to relieve those in the area of benefii who are in circumstances of need, hardship and distress as a result of age, disability or otherwisc by recruitin placing and sllpervising a team of volunteers to mainlaill and iJnprove their quality of life. ACTIVITIES The service5 Provided to maintain the aFM)ve objcctives are detailcd elsewhere in thc Annual Report. They includc befriending, acc&%sible trdnsporL lun¢h club facilities. telephone counsellin& assistcd shopping trips, outings, holhdays and Practical tssk5. FINANCIAL REVIEW Th¢ statetllent of Financial Activities show5 a tot21 income for the year of £30,771 and expenditure of £35,655. resulting in a deficit of £4.884 for the year. The unrestricted funds was £30,163 by the end of the year. FUTURE PLANS There is an ongoing plan to increase free reseeS In case of problems with our existing funding streams which need to bc monitored and maintained. 3of16
FINSBURY & CLERKENWELL VOLUNTEERS TRUSTEES REPORT YEAR ENDED 31 MARCH 2022 IUSK MANAGEMENT The tnjstccs havc a risk management strategy, which comprises OF. * An annual review of the risks the clJ2rity n]ay face. * The establishment of 5y51em5 & procedures to tnitigate those risks idenlificd in the plan: & Thc implementation of procedures desigtted to minimise Any potential iTnpact on the chsrit should those risks. Tnaterialise. RESPONSIBILITIES OF THE TRUSTEES Charity law rcquircs the tn]sÈccs to prcpare financial statements for ¢ach financial year. The financial staMentS are required by law to gave a true and fair view of the staic of affairs of the charity and of thc rplus or deficit of the charity for that pcriod together Thith its as5et5 & liabilities at thc ctbd of the period. and adcquatcly dis(inguish any mat¢riiil speci411 Ist or oth¢r StrICted fund ot thc charity. In preparing thcse financial statemcnts, the trustees are requir 10: selecl suitablc accounling policies and then apply theTn consi5t¢utly- mdke judgcmcnts and estimates that arc rea50T]able and prudcnL preparc the financial statemeats on the going CODcern basis unless it ts inappropriate to presume that the charity will continue in operntion. The trustees are responsible for keepin¥ proper coUnting records which disclose with reasonable accuracy at any Eime thc financial position of the charity and which cnablc them to ensure thai the financial statcments comply with thc SORPS issucd by thc Charities Comtnission. The trnstees arc also responsible for safeguarding Ihc assci% of lh¢ charity and hcnre foi tsking rcasoTLable steps for the prevention and dctection of fraud aDd other irreoularitt&s Approved by the tE7Jslees on and 5igncd on its Fhalf by.- Andr¢w Thompson, Chair 4of16
FINSBURY & CLERKENWELL VOLuKfEERS INDEPENDENT EXAMIF4ER'S REPORT TO THE MEMBERS YEAR ENDED 31 MARCH 2022 I have examined thc o¢Lounts of the ¢lJarity for the year ended 31st March 2022. which are set out on pages 5 to 12. RESPECTIVE RESPONSIBILITIES OF THE TRiiSTEES AND EXAMINER As the tsustees of the charity, you rK>5]b]C for the preparntion of the accounts. you corLsider that the audit rwuireTn¢nt of s¢10n 43(2) Chariti¢S Act does not apply. It is my responsibility to state, on the basis of procedures specified in the General directions given by the Charity CommÉssioners under section 43(7Xb) ofthe ACL whether particular matters have come to my notice. BASIS OF EXAMINERIS REPORT Thts report 15 ill respect of examination carried out in a¢¢ordance with The Generdl DILon9 given by the Charity Commissioners. An exatnination includes a review of thc accounting records k¢pt by th¢ organisation and a comparison of the cOUnts with th[ recor(L5. It also includes a considerdtion of any unusual iterns or disclosures in the accounts. and seeking explanations from you as trllstee5 concerning any such matters. The procedures undertaken do not COstilUte an audiL EXAMINER'S STATEMENT Bascd on my examination, no tnatter has come to my attention which gives Tne reasonable ca¢ to believe that in any material respect accounting records have not been k¢pt in aordanC¢ with 5ectioD 41 of the Act, or that the accounts presented do not accord with those record5 or comply with the accounting requirements of the Act. No mallcr has ¢ome to Th). arleniion in connection with my examination to which, in tny opinioffj attention should be drawn 10 enable a proper ullderstsnding of th¢ Ounts. DNA Associates I l Merlins Court 30 Margery Street London WCIXOJG Date 2025 5of16
FINSBURY & cLERKEELL VOLUNTEERS STATEMENT OF FINANCIAL AcrtVlTIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUIYD YLIR ENDED 31 MARCH 2022 Unrestriete( Restricted Totgl Funds Funds Funds 2022 2022 Total Funds 2021 2022 Note INCOME FROM Don4ltiOXhS and legaci¢s Income from charitable activities Other trading activiti¢s Invesmient in¢ome 28,682 1088 28.682 2,088 34.213 3.822 27 38,062 TOTAL INCOME 30,771 30,771 EXPEP4DKTURE OIY Cobt of raising fidS CILaritabl¢ activities {152) {34.710) (34,862) (35,655} (35,655) (35,655) 0 {35,655} TOTAL ExPElIlTuRE NET INCOMEI(EXPENDITURE) (4.884) 0 (4,884) 3,200 RECONCILLiTIOIY OF FUNDS Total funds brought fonvard 35.047 35,047 31.847 TOTAL FUNDS CARRIED FORWARD 30,163 30,163 35,047 The Statcmcnt of Financial Activities includcs gins and10&8es recogniscd in the year All of thc above amounts relaie to continuing activilies_ Th¢ note5 on pag¢s 7 to 12 fortn part of these financial statements. 60116
FINSBURY & CLERkSNWELL VOLUNTEERS BALLNCE SHEET YKAR E.YDED 31 MARCH 2022 2022 2022 2021 2021 Note FIXED ASSETS Tangible Fixed Assets CURRENT ASSETS Cdsh at Bank and in Hand Debtors 26,199 5.480 31.679 37,729 480 38209 CREDITORS: Amounts falling due within one year io (1,516) (3,162) NET CURRENT ASSETS 30,163 35,047 T(YfAL ASSETS LESS CURRENT LIABILITIES 30.163 35,047 NET ASSETS 30,163 35,047 CHARITY FUIYDS Unrestricted Income Fund5 Desigt)ated tncome Funds Restrict¢d Income Funds 30.163 35,047 12 13 TOTAL FUNDS 30.163 35,047 The ac¢ounts have been prepored in accordance with the FinaDcial Retxjrting Standard 102 These financial statements were approved by the Management Committccs on Alldrew Thompson (Chair): Felicity Hart (Vice Chair): The notes on pages 8 to 13 fotm part of thes¢ fmancial statements. 7of16
FIIISBURY & CLERKELYWELL VOLUNTEERS I¥OTES TO THF. FtYANCtAL STATEMENTS YEAR ENDED 31 MARCH 2022 I. ACCOUL¥TING POLICIES: Basis of preparatlon Thc Charity Constitutes a public benefit CDtity a5 dcfincd by FRS 102. The financial 5tatCTnents have been prepared in accordancc with Accounting and Reporting by Chatiiies: Statement olRecomtnendcd Practice applicable to ch{ltieS preparing their a¢couyJts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland issued in (ktober 2019. the Financial Reporting Standard applicable ill the United Kingdom and Republic of Treland (FRS 102). The Charities Act 2011 and UK Generally Acccpted Accounting Practice Ineome All inci>me is recognised onoe the Charity has evhtitlement to the incoTtkc. it 15 Possible that the income will I received and the amounts of income receivable can be measured reliably. Fund aeeounting Rcstricted funds ar¢ grdnts, donations and othcr incoming r¢sources which arc to bc us¢d for specifi¢ purposes as laid down by the donor. Expenditure which meets these crIria is Cha io the nd. Dcsignated fimds are unrestrictcd fund5 eattked by the trustccs foT I%tiCular puwcs. Unrestricted ndS are grants, donatiQDS and other iticoming resources receivable for the objects of the Charity without spcrified pu4)ose and ar¢ avwlable as general fuDd5. Resources expended All expenditur¢ is included on an accrual b&%i.£, inclusivc of any VAT, Nvhich cannot be recovered. Expcnditure is allocated to spccific aetivities where the cost relates directly to thaL 2. DONATIONS AND LEGACIES: UDre5trietei Restricted Total Funds Funds Funds 2022 Total Funds 2021 2022 2022 Dollations Grants 9,182 19,5(K) 28.682 9,182 19.5 28.682 14,213 20,000 34,213 8of16
FINSBLRY & CLERKENWELL vOLurEERs NOTES TO THE FINANCLIL STATEhIENrs YEAR ENDED 31 MARCH 2022 2& DONATIONS: unrestrict RtrIcted Total Funds Fund5 Fund5 2022 2022 2022 Total Funds 2021 Local Giving Bertevity Charity John IEwis Foundation Waitrosc Cornvnuniiy Matters Woolnotb Society AEnazon Europe CORE Arnold Clark Auto Ics Sccurys Core CO[rate Others 2,850 2,850 5,875 2,631 1,000 1,834 750 2,749 2,749 46 500 387 2.500 150 9,182 387 2.51Y) 150 9,182 2,123 14,213 2b. GRANrs: Unrestricte( Restrieted Total Funds Fullds Funds 2022 2022 Funds 2021 2022 Worshipful Co InsureTS Ailford Hall Monaghan Morris The Archcr Trust Humanc Asso¢ialion St Sepulchrc Rotary Club Old Strcct Partnership Community Chesl 5.000 5,000 9,000 1,000 5,000 5,000 1,000 2,500 2,500 19.500 19,500 20.000 3. IP4COME FROM CHARrrABLE AcfivITIES: Unrestricte( Restiicted Total Funds Funds Funds 2022 2022 2022 Totsl Funds 2021 Grants Other Incom -1,000 822 3,822 2,088 2,088 2.088 2,088 9oflG
FINSBURY & CLERKENWELL VOLUNTEERS NOTES TO THE FLNANCIAI. STATEMENrs YEAR E.NDED 31 MARCH 2022 3a. GRANTS: Ullrestrictei Restricttd Total Funds Funds Fulld5 21122 2022 2022 Total Funds 2021 3.000 3,000 3b. OTHER INCOME: Unrestrictec Reslrieted Total Fund5 Funds Funds 2022 2022 2022 Total Funds 2021 Fund Raising Lunch Club Misccllancous 225 ,863 225 1,863 822 822 2.08 2.088 4. OTHER TRADING AcfiviTIES: Unrestricte( Restricted Total Fullds FuDds Funds 2022 2022 2022 Total Funds 2021 5. INVESTMENT INCOME: Unrestricte( Restrieted Totsl Funds Fullds Funds 21122 2022 Total Funds 2021 21122 Bank interest received 27 27 6. COSTS OF RAIStNG FUNDS: Total Funds 2022 Total Funds 2Q21 Fundraising 152 152 IOof16
FINSBURY & CLERKE*IVELL VOLuYfEERS NOTES TO THE FINANCLiL STATEMENrs YEAR ENDED 31 MARCH 2022 7. COSTS OF CHARITABLE AcfivITIES: Total Funds 2022 Total Funds 2021 Staff Costs Support Costs Direci PTOjeCt Exp¢nditur¢ Govctndnce 21,899 3,887 8,027 .841 35,655 21,674 6,875 4,759 1.402 34,710 7a. STAFF COSTS: Totsl Funds 21b22 Tot#1 Fllnds 2021 Staff Salaries M2rch 2021 Payroll Liabilities Pcnsion 20.800 225 874 21.899 20,800 874 21,674 The average number of employees during the yvJr was onc: 7b. SUPPORT COSTS: Totsl Funds Total Funds r I 2022 2021 Volunteer ExpcRseb Computcr Expenses & Websitc Telephone Heat & Light lllsurance Office suppIi¢s Bank Charges Miscellaneous 939 745 670 912 920 1,559 1,129 887 478 96 359 3,887 69 2,000 6,875 7£. DIRECT PROJEcf EXPELYDITURE: Total FndS Total FuDds 2021 2022 Minibus Running Costs Outgoings & Activities Lunck Club 4.794 1,788 1.445 8,n27 4,248 511 4,759 Ilof16
FINSBURY & CLERKE7VELL VOLUNTEERS NOTES TO THE FINANCIAL STATEMEIYTS YEAR ENDED 31 MARCH 2022 7d. GOVERNANCE: Total Funds 2022 Total Funds 2021 Independent Examination Payroll Service5 Annual ReportlAGM 1,200 341 300 1.841 565 293 544 1.402 8. CASH AT BANK IU¥D IN HAhl): Total Funds 2022 Total Funds 2021 CCLA Cafcash Petty Cash 23,411 2.331 457 26.199 23,409 14,281 39 37.729 9. DEBTORS: Total Funds 2022 Total Fund5 2021 Oth¢r Debtors Accwed Income- Commwiity Chest 480 5.000 5.480 480 480 12of16
FINSBURY & CLERKENWELL VOI.UNTEERS NOTES TO THE FINANCIAI. STATEMENTS YEAR ENDED 31 MARCH 2022 10. CREDITORS: Amounts fauing due within year Total Funds 2022 Total Funds 2021 Indepcndcnt Examinalion Other Creditors- pension NET Wages HMRC Payroll Li&biliti¢s Deferred Income." Donation 1200 97 565 97 218 2.500 3,162 1,516 11. UNRESTRicfED INCOME FUNDS: B*laDee at Incoming Outgolng frallsfer. Balance 3t l Apr 2021 Re50urees Resour£e5 Inl(out} l Apr 2022 General 35,047 35,047 30.771 (35,655) 30,771 (35,655) 30,163 30,163 12. DESIGNATED INCOLKE FUNDS: Balanee at Incomillg Outgoing fransfer. Balanee at J Apr 2021 Re50urees Resource4 IDI(out) l Apr 2022 13. RESTIUCTED IIYCOME FUNDS: Bala¢t at Incoming Outgoing frv4n$fer. Balance at l Apr 2021 Resources Resour¢e4 IDI{out) l Apr 2022 Core 14. SUMhtARY OF NET ASSETS BY FUNDS Ullrestricte(DesignatedRestrictsd Totsl Funds Funds Funds Funds 21122 2022 2022 2022 Totsl Funds 2021 Fixed Asse Net Currellt Asscts 30,163 30.163 30.163 0 30,163 35,047 35,047 13of16
FINSBURY & CLERKENWELL VOLUNTEERS NOTES TO THE FINANCIAL STATEMENTS YEAR ELYDED 31 MARCH 2022 The following pages do llot fotm part of the ststutory financial statements 140116
FINSBURY & CLERKENThVELL VOLUNfEERS DETAILED STATF.MF.NT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2022 21122 2021 INCOME FROM DONATIONS AND LEGACIES Donations 9.182 14213 Grants Worshipfijl Co Insurer5 Alltord Hall Monagban Morris The Archcr Trust Humanc AssociatioEk St Sepulchr¢ Rotary Club Old Street Partnership Commtmity Chest 5,000 5,000 9,000 1.000 5.000 I,0 5,000 1,000 2,500 5,000 28,682 34,213 Community Chest INcoL FROM CHARITABLE AcfiviTIES Grants LIF 3.000 Otber iDcome Fund Raising Lunch Club Miscellaneous 225 1.863 822 2,088 3,822 OTHER TRADING ACTtvrriES INVESTMENT INCOME Bank Interest Received 27 TOTAL INCOME 30.771 3%,062 15of16
FIL¥SBURY & CLERKENWELL VOLUNfEERS DETAILED STATEMENT OF FLNANCIAL ACTIVITIES YLiR E.NDED 31 MARCH 2022 2022 2021 EXPENDITURE COST OF 114lSING FUNDS Fundraising 152 152 CHARITABLE AcrtVlTIES Staff Cost$ Staff Salaries Pension 21,025 874 20,800 874 Support Costs Volunteer Expenses Computer Expenses & Webstte Telcphone Heat & Light Insurancc Office supplics BaTLk Charges Misccllapeous 939 745 670 912 920 1,559 1.129 887 Office supplies 478 69 2,000 359 Direct Project Cost5 Minibus Running Costs- Outgoings & Activitics Lunch Club 4.794 1,788 1.445 4,248 511 Governance Costs Indupendent Examination Payroll Scrvic¢s Annual RcportlAGM 12(K) 341 300 35,655 565 293 544 34,710 TOTAL EXPENDITURE 35,655 34.862 NET INCOMEI(EXPENDITURE) FOR THE YEAR (4,884) 3.200 16of16