| Page | ||||
|---|---|---|---|---|
| Directors' | and Trustees' | Report | 2-8 | |
| Auditor's | Report | 9-11 | ||
| Statement | ofFinancial | Activities | 12 | |
| Balance Sheet | ||||
| Statement | ofCash flows | 14 | ||
| Notes to the Accounts | 15-24 |
| Notes | Unrestricted | Restricted | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |||||||
| Z | 5 | 6 | 6 | |||||||
| Income | ||||||||||
| Grants, donations | an legacies | 0 | 200,700 | 200,700 | 212,315 | |||||
| Income from charitable | activities | |||||||||
| Donations, | Grants | and | Contracts | 255,482 | 248,492 | 503,974 | 724,647 | |||
| Investment | income | |||||||||
| Bank interest | 6,784 | 0 | 6,784 | 5 | ||||||
| Total income | 262,266 | 449,192 | 711,458 | 936,967 | ||||||
| Expenditure | ||||||||||
| Expenditure | on charitable | activities | ||||||||
| Grants paid | to individual | clients | 0 | 0 | ||||||
| Other | 5,6 | 279,225 | 594,077 | 873,302 | 980,077 | |||||
| Total expenditure | 279,225 | 594,077 | 873,302 | 980,077 | ||||||
| Net incomel(expenditure) | and net | |||||||||
| movements | in funds | for | the | year before | ||||||
| transfers | (16,959) | (144,885) | (161,844) | (43,110) | ||||||
| Transfer from Unrestricted | to Restricted | |||||||||
| funds | 0 | 0 | ||||||||
| (16,959) | (144,885) | (161,844) | (43,110) | |||||||
| Reconciliation offunds |
||||||||||
| Total funds | brought | forward | 672,865 | 346,472 | 1,019,337 | 1,062,447 | ||||
| 655,906 | 201,587 | 857,493 | 1,019,337 |
| Notes | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tangible fixed assets | 10 | 314,958 | 324,088 | |||
| Current assets | ||||||
| Debtors | 11 | 51,967 | 89,884 | |||
| Cash at bank | and in hand | 715,381 | 852,234 | |||
| 767,349 | 942,118 | |||||
| Liabilities | ||||||
| Creditors falling due within one year |
12 | 224,814 | 246,870 | |||
| Net current assets | 542,534 | 695,248 | ||||
| 857,492 | 1,019,336 | |||||
| The funds of | the charity | |||||
| Unrestricted | funds | |||||
| General | 14 | 308,907 | 325,865 | |||
| Designated | 14 | 347,000 | 347,000 | |||
| Restricted funds | 14 | 201,586 | 346,472 | |||
| 857,492 | 1,019,337 |
| Notes | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| 8 | |||||||
| Net cash (used in)/generated | from operating | ||||||
| activities | (143,637) | 71,769 | |||||
| Cash flows from investing | activities | ||||||
| Purchase oftangible fixed |
assets | ||||||
| Interest received | 6,784 | ||||||
| Interest paid | |||||||
| Cash (used in)/generated | by investing | activities | 6,784 | ||||
| Change in cash and cash |
equivalents | in the | year | (136,853) | 71,774 | ||
| Cash and cash equivalents | at the beginning | ofthe | year | 852,234 | 780,460 | ||
| Cash and cash equivalents | at the end | ofthe | year | 715,381 | 852,234 |
| INCOME FROM CHARITA | BLE | ACTIVITIES | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | 2023 | 2022 | |||
| 6 | ||||||
| Performance related grants |
145,959.76 | 258,491.51 | 404,451.27 | 640,911 | ||
| Clients compensation | 0.00 | 0.00 | 0.00 | 61,066 | ||
| Garfield Weston —grant | 20,000.00 | 0.00 | 20,000.00 | 0.00 | ||
| AB Charitable Foundation |
-grant | 20,000.00 | 0.00 | 20,000.00 | 0.00 | |
| Mayor's Fund |
9,474.00 | 0.00 | 9,474.00 | 0.00 | ||
| GLA Mayor's Fund |
7,122.50 | 0.00 | 7,122.50 | 0.00 | ||
| Income from Room Hire and post service | 21,617.00 | 0.00 | 21,617.00 | 0.00 | ||
| Student Placement | 10,600.00 | 0.00 | 10,600.00 | 0.00 | ||
| Donations | 10,709.05 | 0.00 | 10,709.05 | 22,670 | ||
| 245,482.31 | 258,491.51 | 503,973.82 | 724,647 | |||
| Performance related grants |
||||||
| London Borough of Eating | 120,615.77 | 0.00 | 120,615.77 | 120,616 | ||
| West Eating Triage | 2,465.00 | 0.00 | 2,465.00 | 0 | ||
| Toynbee Hall |
0.00 | 140,238.97 | 140,238.97 | 187,027 | ||
| Toynbee Hall —Training |
0.00 | 30,372.54 | 30,372,54 | 73,433 | ||
| Campden Charities |
0.00 | 77,880.00 | 77,880.00 | 79,500 | ||
| Oak Foundation | 0.00 | 0.00 | 0.00 | 118,935 | ||
| Specialist Housing /advice | 0.00 | 10,000.00 | 10,000.00 | 0 | ||
| Employment advice/tribunal |
income | (7,817.01) | 0.00 | (7,817.01) | 17,500 | |
| KC Foundation - Administration | Fees | 8,500.00 | 0.00 | 8,500.00 | 6,400 | |
| Cost of Living Project | 7,500.00 | 0.00 | 7,500.00 | 0 | ||
| Ealing Warm Space Project | 2,500.00 | 0.00 | 2,500.00 | 0 | ||
| Covid-19 related grants | ||||||
| Access 2Justice | 12,196.00 | 0.00 | 12,196.00 | 0 | ||
| Oak Foundation | 0.00 | 0.00 | 0.00 | 37,500 | ||
| 145,959.76 | 258,491.51 | 404,451.27 | 640,911 | |||
| INVESTMENT INCOME | ||||||
| Interest | 6784 | |||||
| ANALYSIS OF EXPENDITURE | ||||||
| Debt | 2023 | 2022 | ||||
| 8 | 6 | |||||
| Staff costs | 685,713.21 | 685,713.21 | 769,070 | |||
| Staff and volunteer training |
expenses | 27,727.39 | 27,727.39 | 17,669 | ||
| Communications | 19,684.24 | 19,684.24 | 21,896 | |||
| Equipment rental |
1,976.64 | 1,976.64 | 2,109 | |||
| Subscriptions and insurance |
14,111.70 | 14,111.70 | 16,531 | |||
| Computer and websites |
3,713.92 | 3,713.92 | 96 | |||
| Depreciation | 9,130.00 | 9,130.00 | 9,130 | |||
| Support costs (Note 6) | 101,289.69 | 101,289.69 | 135,775 | |||
| Governance costs (Note 5) |
9,955.00 | 9,955.00 | 7,800 | |||
| 873,301.79 | 873,301.79 | 980,076 |
| have been apportioned |
to vario | us charitable |
activities on the | basis ofstaff tim | e allocated to each act | ivity. |
|---|---|---|---|---|---|---|
| General | Governance | |||||
| support | Function | 2023 | 2022 | |||
| 6 | 5 | |||||
| Office expenses and supplies | 10,664 | 10,664 | 9,311 | |||
| Marketing and advertising |
4,999 | 4,999 | 5,630 | |||
| Premises and equipment | costs | 6,886 | 6,886 | 67,573 | ||
| Premises refurbishment | 83,917 | 83,917 | 0 | |||
| Computer consumables | and maintenance | 0 | 0 | 11,594 | ||
| Web design | 8,560 | 8,560 | 0 | |||
| Fundraising | 0 | 0 | 24,000 | |||
| Legal and professional costs |
788 | 788 | 3,093 | |||
| Bookkeeping | 7,427 | 7,427 | 5,154 | |||
| Bank charges | 203 | 203 | 188 | |||
| Sundry | (24,783) | (24,783) | 7,444 | |||
| Audit fees | 9,955 | 9,955 | 7,800 | |||
| Management committee |
expenses | 0 | 0 | 0 | ||
| Consultancy | 2,629 | 2,629 | 1,789 | |||
| 101,290 | 9,955 | 111,245 | 143,576 | |||
| Net income/expenditure | for the | year | ||||
| This is affer charging | ||||||
| 2023 | 2022 | |||||
| 6 | ||||||
| Depreciation oftangible | fixed assets | 9,130 | 9,130 | |||
| Auditors' remuneration |
9955 | 7800 | ||||
| Analysis ofstaff costs, trustees' |
remuneration | and expenses, | and cost of key | management personnel |
||
| 2023 | 2022 | |||||
| 6 | ||||||
| 616,570 | 685,937 | |||||
| 56,914 | 66,375 | |||||
| 12,229 | 16,758 | |||||
| 685,713 | 769,070 |
| 9 | Staff numbers | Staff numbers | Staff numbers | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| The average number | offull-time | equivalent | employees | (including | casual and | part-time | staff was as follows: | ||||
| 2023 | 2022 | ||||||||||
| Advice | 17 | 21 | |||||||||
| Administration | 2 | 2 | |||||||||
| 19 | 23 | ||||||||||
| 10 | Tangible fixed | assets | |||||||||
| Leasehold | |||||||||||
| land and | Plant and | Fixtures | |||||||||
| buildings | equipment | and | fittings | Totalf | |||||||
| Cost | |||||||||||
| At 1 April 2022 | 486,757 | 42,427 | 61,796 | 590,980 | |||||||
| Additions | 0 | 0 | 0 | 0 | |||||||
| Disposals | 0 | 0 | 0 | 0 | |||||||
| 486,757 | 42,427 | 61,796 | 590,980 | ||||||||
| Depreciation | |||||||||||
| At 1 April 2021 | 162,669 | 42,427 | 61,796 | 266,892 | |||||||
| Charge for year | 9,130 | 0 | 0 | 9,130 | |||||||
| Disposals | 0 | 0 | 0 | 0 | |||||||
| 171,799 | 42,427 | 61,796 | 276,022 | ||||||||
| Net book value at | 31 | March 2023 | 314,958 | 0 | 314,958 | ||||||
| Net book value at | 31 | Match 2022 | 324,088 | 324,088 | |||||||
| 11 | Debtors | 2023 | 2022 | ||||||||
| 2 | |||||||||||
| Trade debtors | 44,763 | 61,516 | |||||||||
| Other debtors | (3,071) | 22,714 | |||||||||
| Prepayments | and | accrued income | 10,276 | 5,654 | |||||||
| 51,967 | 89,884 | ||||||||||
| Creditors: amounts | falling due within one year | ||||||||||
| 12 | 2023 | 2022 | |||||||||
| 8 | |||||||||||
| Social security | and | other taxation | 10,598 | 30,597 | |||||||
| Trade creditors | 3,0586 | 62,665 | |||||||||
| Other creditors | 154,190 | 151,163 | |||||||||
| Accruals and deferred | income | 29,439 | 2,444 | ||||||||
| 224,814 | 246,869 |
| MOVEMENT IN |
F | UNDS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance | |||||||||
| Balance | at 31 | ||||||||
| at 1 April | March | ||||||||
| 2022 f | Income f |
Expenditure | f | Transfers 6 |
2023 f | ||||
| Restricted funds | |||||||||
| Redundancy | 857 | 857 | |||||||
| Debt counselling | 267,791 | 449,192 | 594,077 | 122,906 | |||||
| City Bridge Money | Project | 817 | 817 | ||||||
| Trust for London | 0 | 0 | |||||||
| Covid-19related | grants | ||||||||
| Toynbee Hall |
41,600 | 41,600 | |||||||
| Access to Justice | 4,642 | 4,642 | |||||||
| Kensington &Chelsea Foundation |
9,356 | 9,356 | |||||||
| City of London | 11,807 | 11,807 | |||||||
| National Lottery |
9,601 | 9,601 | |||||||
| CAF Coronavirus | Emergency | Fund | 0 | 0 | |||||
| Transfer offunds | |||||||||
| 346,471 | 449,192 | 594,077 | 0 | 201,586 | |||||
| Designated funds |
|||||||||
| Staff contingency | fund | 185,000 | 185,000 | ||||||
| Building maintenance | 65,000 | 85,000 | |||||||
| Furniture and equipment |
12,000 | 12,000 | |||||||
| Computer development |
20,000 | 20,000 | |||||||
| New office fund | 45,000 | 45,000 | |||||||
| 347,000 | 0 | 347,000 | |||||||
| General funds | 325,865 | 262,267 | 279,225 | 0 | 308,907 | ||||
| Transfer offunds | |||||||||
| Total unrestricted | funds | 672,865 | 262,267 | 279,225 | 0 | 655,907 | |||
| Total funds | 1,019,336 | 711,458 | 873,302 | 0 | 857,492 |
| Movement in fund |
s | - previous | year | |||||
|---|---|---|---|---|---|---|---|---|
| Balance | ||||||||
| Balance | at 31 | |||||||
| at 1 April | March | |||||||
| 2021 | Income | Expenditure | Transfers | 2022 | ||||
| 8 | 9 | E | 6 | 6 | ||||
| Restricted funds | ||||||||
| Redundancy | 857 | 0 | 857 | |||||
| Debt counselling | 256,033 | 708,710 | (696,952) | 0 | 267,791 | |||
| City Bridge Money | Project | 817 | 0 | 0 | 0 | 817 | ||
| Trust for London | 0 | 17,500 | (22,643) | 5,143 | 0 | |||
| Covid-1 9 related | grants | 0 | ||||||
| Toynbee Hall |
41,600 | 0 | 41,600 | |||||
| Access to Justice | 13,976 | (9,334) | 4,642 | |||||
| Kensington &Chelsea Foundation |
17,737 | (8,381) | 9,356 | |||||
| City of London | 11,807 | 0 | 11,807 | |||||
| National Lottery |
9,733 | (132) | 9,601 | |||||
| CAF Coronavirus | Emergency | Fund | 0 | 0 | ||||
| Transfer offunds | (5,143) | |||||||
| 352,560 | 726,210 | (737,442) | 0 | 346,471 | ||||
| Designated funds |
||||||||
| Staff contingency | fund | 185,000 | 185,000 | |||||
| Building maintenance | 85,000 | 85,000 | ||||||
| Furniture and equipment |
12,000 | 12,000 | ||||||
| Computer development |
20,000 | 20,000 | ||||||
| New office fund | 45,000 | 45,000 | ||||||
| 347,000 | 0 | 347,000 | ||||||
| General funds | 362,886 | 210,757 | (242,635) | (5,143) | 325,865 | |||
| Transfer offunds | ||||||||
| Total unrestricted | funds | 709,886 | 210,757 | (242,635) | (5,143) | 672,865 | ||
| Total funds | 1,062,446 | 936,967 | (980,077) | (5,143) | 1,019,336 |
| Analysis of net assets between fun | ds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| 6 | 6 | 5 | ||
| Tangible fixed assets | 314,958 | 0 | 314,958 | |
| Net current assets/(liabilities) | 340,949 | 201,587 | 542,535 | |
| 655,907 | 201,587 | 857,493 | ||
| Analysis offund balances between | net assets - previous year | |||
| Unrestricted | Restricted | Total | ||
| 5 | 6 | |||
| Tangible fixed assets | 324,088 | 0 | 324,088 | |
| Net current assets/(liabilities) | 348,777 | 346,472 | 695,249 | |
| 672,865 | 346,472 | 1,019,337 |
| 16 | Reconciliation | of | net | movement | in | funds | to | net | cash | flow | from | operating | leases | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,023 | 2,022 | |||||||||||||
| E | ||||||||||||||
| (161,844) | (43,110) | |||||||||||||
| (6,784) | (5) | |||||||||||||
| 9,130 | 9,130 | |||||||||||||
| 37,917 | 6,416 | |||||||||||||
| (22,056) | 99,339 | |||||||||||||
| (143,637) | 71,770 |