FINSBURY & CLERKEIYWELL VOLUNTEERS FtNAINCIAL ACCOUNTS 31 MARCH 2023 Registered Charity No 268511
FSBuRy & CLERKEI¥WELL VOLUNTEERS REFERENCE AND ADNISTRA TIVE DETAILS OF THE CHARrrY YEAR ENDED 31 MARCH 2023 r4ame of Organisation Finsbury & Clerkenwell Volunt5 Registered Offiee The Community Room 21a Midwdy House mar]nOrd Close London ECIV 7HP Trustees Andrew Thompson Fclicity Han Lesley Tadman Richard Betts Anna Coat¢s Peter Muswell LAura Robcrts Chair Vice Chair & Secretary Treasurer Management Commlttee Andrew Thompson Felicity Hart ltslcy Tadvnan Richard Betts Martin CrookstOD Liatn Denning Chair Vi¢¢ Chair & Serrctary Treasurer Bankers CCLA 80 Cheapside London EC2V 6DZ CAF Bank tid 25 Kings Hill Avenuc Kings Hill West Manning Kent ME19 4TA 2of16
FINSBURY & CLERKENWELL VOLuwfEERS TRUSTF.F.S REPORT YEAR EI¥DED 31 MARCH 2023 The trustees preseni thcir report and accouTtts for year ended 315t Match 2023. They have compiled with guidan¢e issued by ihe Charity Commission STRUCTURE, GOVERNANCE AND iWAGEMEwr The Management Committee meet at six weekly intervals where rertS are heard from the Treasurer and the part-time Volunteer Services Co-ordillator. Cutrent and fuiurc activitics are discussed. adapting policy 85 Decessary. The ttu8tees meet quarterly. TnteeS are Clccted at the Annual General Mceting (AGM). Trustecs may be ClHlPt¢d during the course of the Y but must stsnd for election at the next AGM when exccutive officers including the Chair. Secretary and Trwurer are appoint Isabella Wis¢ was the part-time Volunteer Scryices C(Fordinator rertIng to membcTS of the Managemcnt CommÈttcc from May 2019. Accounts are subject to an annual indcpeDdent ¢xamination. OBJECTIVES The constitution's objectivc is to relieve ihosc in the aT¢a of ben¢fit who are in circumstances of n¢e hardship and distress as a result of age, disability or otherwise by recrnitin& placing and supervising a team of voluniecrs to maintain and improve their quality of lifc. ACTIVITIES The rViCeS provided to maintain the above objectives arc delailcd elsewthcrc in the Annual Rcport. They include befriending. accessible transport: lunch club facilities, t¢lcphone counsellin& assiSd shopping trips, outing4 holiday5 and practical tasks. FIYANCIAL REVIEW The statement of Financial Activities shows a total income for the year of £30.469 and expenditure of £41,744, resulting in a deficit of £11,275 for the year. The unrestricted fuod5 £11,888 by thc end of the y¢ar. FUTURE PLANS There is an ongoing plan to increase frcc resetv¢s in c&sc of probIell with OUT exisiing funding Streams which need to be monitored and maintainc¢ 3of16
FINSBURY & CLERkTNWELL VOLUNTEERS TRUSTEES REPORT YEAR ENDED 31 L4RcH 2023 RISK MAI¥AGEMENT The trustees have a risk management strategy. which compriscs OF. An annual teview of the risks th¢ charity TDay face" * The establishment of qystellLS & proccdures to mitigate those risks identified in the plan: & * The implementation of procedures designed to minimise any potential impact ort the chat should those risks materialise. RESPONSIBILITIES OF THE TRUSTEES Charity law requires the tntstees to prepare financial stai¢mcnts for each financial year. The financtal stat¢tn¢nts arc qU1rCd by law to gave a twe and fair vi¢w of th¢ biate of aifairi of th¢ charity and of the sU[uS or Lkficit of thc charity for that period together with its assets & liabilities at the end of the perio and adequately distinguisb any matrrial special trusi or othct rc5trict¢d fund of the charity- In preparing these financial statements, the tn]st¢es ar¢ to: select suitable accounting p)licics and thcn apply thern consistently. make judgements and estImaS that Are reasonable and prnden¢ prepare the financial statements on the going coEtceTn basis ullle5S it 15 inappropriate to presLune that thc charity will continue ID operalion. The trustee5 are r¢sponsiblc for keeping proper accounting tecord5 which th"s¢los¢ with rcasonable accuracy at any time the finan¢ial position of the charity and Mthich enable them to ensure that the fin2n¢ial statemcllts comply with the SORPS issued by the CharitTC5 Commission. Th¢ trustes are also responsible for safeguarding the assets of the charity and hence for taking asonable 5t¢ps for the pr¢v¢lltion and detcctioTh of fraud ad other irF¢gulatities Approved by the tsILStees on IA 2nd signed on its b¢half by.- Andrew Thompsotl. Chair 4of16
FINSBURY & CLERKEI%ryVELL VOLuwfEERS INDEPENDEr EXAMINER'S REPORT TO THE MEMBEKS YEAR ENDED 31 MARCH 2023 I have examtned the accounts of the charity for the year ended 31st March 2023. which are set out on pages 5 to 12. RESPECTIVE RESPOIYSIBILITIES OF THE TRUSTEES AND EXAMtNER As the trustees of the charity. you are responsible for the preparation of the accounts; you c4)nsider that the audil requirement of section 43{2) Charities Ath does not apply. It is my responsibility lo state, on the basis of procedures specified in the Gener21 directions given by the Charity CoJnmissioners under section 43(7Xb) of the ACL whether particular matters have come to my notice. BASIS OF EK4MtNER'S REPORT This report is in respect of examination ¢arried out in accordance with The General Directions given by the Charity Commtssioners. An exatnination includes a review of the accounting records kept by the organisalion and a ¢omparison of the accounts with those records. It also includes a consideration of any unusua] items or disrlosures in the accounts, and seeking explanatio$ from you as trustees concerning any su¢h matters. The procedures undertaken do not constitute an audii. EXAMINER'S STATEMENr Based on my emmination. no matter has come to my attention which gives me reasi)nable cause to believe that in any material respect aCunting records have not been kept in accordance with section 41 of the AGL 01 that the &¢counts presented do not accord with those records or comply with the acwunting requirements of the ACL No matter has come lo my attention in connection with my examination to which, in my opinion, attention should be drawn to enable a proper understsnding of the accounts. DNA Associates I l Merlins Court 30 Margery Street London wclx OJG Date 5of16
FIINSBURY & CLERKENWELL VOLUNTEERS STATEMENT OF FINANCIAL ACmqTtES (INCORPORATING THE II¥COME AND EXPENDIRE ACCOUNT) YEAR E,N'DED 31 MARCH 2023 Unrestrficte< Restricted Total Funds Funds Fund5 2023 Total Funds 2022 2023 2023 Note llYCOME FROM Donations and leCleS IncoEn¢ from charitable activities Other trxdiDg activities Investtnent incoTll¢ 24.377 5,865 24,377 5,865 28,682 2.088 227 30.469 227 30,469 TOTAL tNCOME 30.771 EXPENDITURE ON Cost of raising funds Charitable activities TOTAL EXPENDITURE 41.744) {41,744) (41,744) 0 (41,744) {35,655) (35,655) NET INCOMEI{EXPENDITURE) (11.275) O (11.275) (4.884) REcof*CILIATION OF FUNDS Total funds brought forward 30.163 30,163 35,047 TOTAL FUNDS CARIUED FORWIiRD 18,888 18.888 30,163 The Statcmcnt of Financial A¢tivitics includes all gains and loss&s recognised in the ycar All of th¢ abovc amounts relat¢ to continuing activities. The notes on pages 7 to 12 forni part of these fitwicial statements. 6of16
FINSBURY & CLERKEI*WELL VOLUNTEERS BALANCE SHEET YLIR ENDED 31 MARCH 2023 2023 2023 2022 2022 Nole FIXED ASSETS Tangible Filcd A&ser8 CURRENT ASSETS Cash at Bank alld in Hand Debtors 21293 480 21.773 26,199 5.480 31,679 CREDITORS: Amounts falling due within one yegr io (2,885) (1,5161 NET CURRENT ASSETS 18,888 30,163 TOTAL ASSETS LESS CURRENT LIABILfTIES 18.888 30,163 NET ASSETS 18,888 30,163 CHARITY FUNDS Unrestricted Income Funds Designatcd Incom¢ Funds Restricted InGome Funds 18.888 30.163 12 13 TOTAL FUNDS 18,888 30,163 The accounts have been prepared in accordattce with the Financlal R¢porting Standard 102 These financial statem¢nts were approved by the Managcment Committees oll 181L Andrew Thompson (Chair): Felicity Hart (Vicc ChaiT): The notes on pages 8 to 13 fonn part of these fukmjaI stat¢ments. 7of16
FINSBURY & CLERKETrYELL VOLUNTEERS NOTES TO THE FINANCIAL STATEMENES YEAR E.YDED 31 MARCH 2023 I. ACCOUNTING POLICIES: Basis of preparation The Charity Constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of ReconuneDdcd Prartice applicable to charities preparing thcir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of [relad issued in (ktober 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of ITel8nd IFRS 102). The Charities 2011 and UK Generally Accepted Ar¢ouDting Prdctice Ineome All income is rwoguised once the Charity has entitlemellt to the income. tt is possible that th¢ income will I rec¢ivcd and the allloutsts of Jn¢om¢ r¢cKivable can be vneasuTrd rcliably. Fund atcounting Rcstricted funds are grants, donations and other incoming resources which are to be used for specifi pUoseS as laid down by the donor. Expenditure which Itet5 the criteria is charged to the fund. DesigEkatcd funds are unrestricted funds eartnarked by the In¢S for particular purwscs. UTkr¢strieted fi]nds are wants, donalions and other incoming resources receivable for the objects of the charity without specified pury)ose and arc availabl¢ as genetal fids. Resources expended All expenditurc is included on an aCcnl basis. inclusive of any VAT. which cannot bc rccovcrcd. Expenditure is allocated to specific activities whcte the cosi relates direcily to th&. 2. DOISATIONS AND LEGACIES: Unrestricte( Restrieted Total Funds Funds Funds 2023 2023 2023 Total Funds 2022 Donations Grants 8.377 16,IKK> 24.377 8,377 16.000 24,377 9,182 19.500 28,682 8of16
FINSBURY & Cl.F.RkTNWELL VOLUNfEERS NOTES TO THE FINANCIAL STATEMENTS YEAR E.YDED 31 MARCH 2023 2* DONATIONS: Unrestrtcte( Restricted Total Funds Funds Fund5 2023 2023 2023 Total Funds 2022 IA)¢al Giving Waitrose Community Matters Woolnoth Society Amazon Europe CORE Arnold Clark Auto Ics Secury8 Core Coty)rdie Betty Cordock Bequest Allford Hall Monag Filmfjxer LT FP Gift-parking Charge 230308106493CF Others 715 833 800 28 715 833 800 28 2,850 2,749 46 500 387 2,500 4,900 250 150 500 2W 4.900 250 150 500 200 150 9,182 8.377 8,377 2b. GRANTS: Unrestriete( Restricted Total Funds Funds Funds 2023 2023 2023 Total Fund5 2022 Worshipfid Co Insurers The Archer TrLlSt Ics LBI St Scpulchre Rotary Club Old Str¢et Partnershlp Community Chest 3,000 5.000 1,000 1.000 2,000 7,500 7.51XJ 5.000 1,000 2,500 5.000 19,5UO 2,500 16,000 2,500 16,000 3. IIYCOME FROM CHARITABLE AcfiviTIES: Lnrestrirte( Restrirted Total Funds Funds Funds 2023 2023 2023 Total Funds 2022 Grants Other Income 5.865 5,865 5,865 5.865 2,088 2,088 9of16
FIsBURy & CLERKE.NWELL VOLUNTEERS NOTES TO THE FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 39. GRANTS: Unrestriete( Restricted Total Funds Funds Funds 2023 2023 2023 Total Funds 2022 LIF 3b. OTHER INCOME.. Unrestricte( Restrieted Total Funds Fund5 Funds 2023 2023 2023 Totsl Funds 2022 Fund Raistng Lunch Club Mis¢cllaneous 225 1,863 5,820 45 5,865 5.820 45 5,865 2,088 4. OTHER TRADING AcfiviTI£S: Unrestrfrte( Restricted Total Fullds Funds Funds 2023 2023 2023 Total Funds 2022 5. INVESTMENT INCOME.. Unreslricte( Restricted Total Funds Funds Fullds 2023 2023 2023 Totsl Funds 2022 Bank interest received 227 227 227 227 6. COSTS OF IL41SllYG FUNDS: Totsl Futtds Total Funds 2022 2023 Fundraising IOof16
FINSBURY & CLERKENWELL VOLuwfEERS IYOTES TO THF. FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 7. COSTS OF CHARITABLE ACTIVITIES: Total Funds 2023 Total Funds 2022 Staff Costs Support Costs Direct Project Expenditure GOverJ1¢e 21,673 6,529 11.853 1,689 41,744 21,899 3,887 8,027 1,841 35,655 7a. STAFF COSTS: Totsl FuDd5 2023 Total Fullds 2022 Staff Salaries Payroll Liabilities Pension 20.8(KI 20,800 225 874 21,899 873 21.673 The averdge number of employees during the year wos one: 7b. SUPPORT COSTS: Tot Funds 2023 Total Funds 2022 Volunteer Expenses Computcr Exp¢ns¢s & Website Telephone Heat & Light Insurance Office supplies Bank Charges Mi5ccllancous 3.086 80 1.333 656 900 396 78 939 1,129 887 478 96 35() 3,887 6.529 7c. DIRECT PROJECT EXPENDITURE. Total Fund5 Total Funds 2022 2023 Minibus Running Costs Outgoings & Activities Lunch Club 6.509 62 5.282 11,853 4,794 1,788 1,445 8,027 Ilof16
FINSBURY & CLERKENWELL VOLUNTEF.RS NOTES TO THF. FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 7d. GOVERNANCE: Total Funds 2023 Total Funds 2022 Jndependent Examination Payroll Services Annual ReportlAGM iioo 331 158 1,689 1.200 341 300 1,841 8. CASH AT BANK AND IN HAND: Totsl Funds 2023 Total Funds 2022 CCLA Ca&Sh Petty Cash 18.634 ,539 1,120 21,293 23,411 2,331 457 26,199 9. DEBTORS: Total FuLds 2023 Totsl Fllnds 2022 Other Debtots Accrued Income- Community Chcst 480 480 5,000 5,480 480 12of16
FINSBURY & CLERKENWELL VOLuwfEERS NOTES TO THE FLNANCIAL STATEMElWts YEAR ENDED 31 IWiCH 2023 10. CREDITORS: Amounts fxlJiDg due within one vear Total Fund5 2023 Total Funds 2022 Independent Examination Other Creditors- pension NET Wages HMRC Payroll Liabilities 1,200 189 1,290 206 1,200 97 218 2.885 1,516 11. UNRESTiucfED INCOME FUNDS: B4lanee at Incoming Outgoing frallsfep. Balance at Apr 2022 Resources Resources Jn/(out) l Apr 2023 General 30.163 30.163 30.469 (41.744) 30.469 41,744) 18,888 18,888 12. DESIGNATED INCOME FUNDS: Balance at Incoming Outgoing fransfer.. Balanee at l Apr 2022 Resources Re50urees Inl(out) l Apr 2023 13. RESTRICTED INCOME FUNDS= Bg]xnce at lucoming Outgoing fran$fer, Balance at l Apr 2022 Resour¢¢s Resource* ID/(ollt) l Apr 2023 Core 14. SUMMARY OF NET ASSETS BY FUNDS Unrestricte(DesignxtedRestricted Total Fullds Funds Funds Funds 2023 2023 2023 2023 Total Thlnds 2022 Fixed Assets Net CutTent Assets 18,888 18.888 18,888 0 18,888 30.163 30,163 13of16
FINSBURY & CLERKENWELL VOLUVtEERS NOTES TO THE FtNMCIAL STATEMENrs YEAR EINI)ED 31 MARCH 2023 The following pages do not forni part of the statutory financial statements 14of16
FsBLRy & CLERKENWELL VOLUNTEERS DETAILED sTATEmET OF Flh'AN'CIAL AcTIVlEs YEAR ENDED 31 MARCH 2023 2023 2022 INCOME FROM DONATIONS AND LEGACIES Donations 8,377 9,182 Grants Wotshipfvl Co Insurers The Atcher Trust Ics 5,000 1,000 St S¢pulchrc Rotary Club Old Street Parership Community Chest 7,5(X) 5.000 1,000 2.500 5,000 2,500 24,377 28.682 INCOME FROM CHA TUTABLE ACTlVtTEES Grant5 LIF Other ineorne Fund Raising Lunch Club misce1lancoS 225 1,863 5,820 45 5.865 2,088 OTHER TRADING ACTtVlTIES INVESTMENT INCOME Bank Interest Received 227 TOTAL INCOME 30.469 30.771 15of16
FINSBURY & CLERKENWELL VOLuNfEERS DETAILED STATEMEIYT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2023 2023 2022 EXPENDITUR£ COST OF RAISING FUNDS Fundraising CHARITABLE ACTIVITIES Staff Cost5 Staff Salartes Pension 20,800 873 21,025 874 Support Costs Volunt¢er Expenses Computer Expenses & Website Telephone Hcat & Ligbt Jnsurancc Office supplies Bank Charges Miscellaneous 3,086 80 1.333 656 900 396 78 939 1.129 887 478 96 359 Direct Project Costs Minibus Running Costs Outgoings & Activities Lunch Club 6.509 62 5.282 4.794 1,788 1.445 Governallce Costs Independent ExaTninatio Payroll Services Annual ReportlAGM 1,200 331 158 41,744 1,200 341 300 35,655 TOTAL EXPENDITURE 41,744 35.655 L ET INCOMEI(EXPENDITURE) FOR THE YEAR (11,275) 4,884) 16<rf16