2021-03-31-accounts

Mr	Michael	Zuke	Director and Chair	Mr Baron Ogbolu	Director, resigned
			from 30October 2019		8 December 2020
Mr	Paul O' Neill		Director and Chair to	Mr Nigel Springhall	Director
			30October 2019,
			resigned 8 December
			2020
Mr	Abdul Ajayi		Director	Mr Jacob Fabowale-Makinde	Director
Ms	Deborah	Beyioku	Director	Mr Neil Walford	Director from 8
					December 2020

					Note	unrestricted	Restricted	Total	Total
						2021	2021	2021	2020
								F
Tangible Fixed Assets					2	f15,367.21	E1,816,76	217,183.97	f12,315.13
Current Assets
Debtors					3	(16,000.00)	0.00	(16,000.00)	5,534.96
Cash at bank and	in hand				4	275,844.91	9,259.41	285,104.32	199,495.89
Total current assets						2259,844.91	E9,259.41	f269,104.32	f205,030.85
Liabilities: amounts	falling	due	within	1 year		16,400.00	0.00	16,400.00	22,902.08
Current Assets less Current			Liabilities			f243,444.91	E9,259.41	2252,704.32	f182,128.77
Total Assets less	Current	Liabilities				f258,812.12	f11,076.17	F269,888.29	f194,443.90
FUNDS
Restricted					8		11,076.17	11,076.17	21,288.78
Unrestricted - Designated					8	6,000.00	-	6,000.00	6,000.00
Unrestricted -General					8	252,812.12	-	252,812.12	167,155.12
						f258,812.12	f11,076.17	F269,888.29	R194,443.90

	Note	Unrestricted	Funds	Funds	Funds	Restricted	TOTAL	FUNDS
		G e I	~Oe	t	eted	F d	2021	2020
					R
INCOMING RESOURCES
Donations and legacies	6a	553.27					553.27	279.18
Charitable Activities	6b	206,591.35				212,176.72	418,768.07	410,483.54
Investments	6c	202.13					202.13	1,008.11
TOTAL		f207,346.75				F212,176.72	f419,523.47	8411,770.83
RESOURCES EXPENDED
Charitable Activities	7a	137,757.57				202,233.51	339,991.08	364,103.21
Other expenditure	7b	3,759.00				329.00	4,088.00	2,789.94
TOTAL		2141,516.57				f202,562.51	F344,079.08	2366,893.15
NET INCOMING I(OUTGOING )
RESOURCES BEFORETRANSFERS		65,830.18				9,614.21	75,444.39	44,877.68
ADDITIONS TO &RELEASES FROM
FUNDS	8	19,826.82				(19,826.82)
NET MOVEMENT IN FUNDS		F85,657.00			0.00	(210,212.61)	275,444.39	f44,877.68
BALANCES BROUGHT FWD AT
1 APRIL 2020 (2019)		F167,155.12	E6,000.00			f21,288.78	F194,443.90	F149,566.22
BALANCES CARRIED FWD AT
31 MARCH 2021 (2020)		f252,812.12	R6,000.00			f11,076.17	f269,888.29	K194,443.90

	DEBTORS AND ACCRUED INCOME	2021	2020
	Accrued income L&Q		3,396.50
	Other Debtors		1,567.72
	P repayments	(16,000.00)
	Loans to staff		570.74
		~615,000.00	25.634.96
	MONETARY ASSETS	2021	2020
	Bank current Account: CAF	55,447.62	17,041.32
	Bank current Account: Barclays	733.90	733.90
	Bank deposit Account: COIF	228,697.80	181,495.67
	Cash in hand	225.00	225.00
		F285,104.32	L199,495.89
5	LIABILITIES FALLING DUE WITHIN 1 YEAR	2021	2020
	Creditors		0.30
	Accrued expenses	16,400.00	22,901.78
		816,400.00	622,902.08

6	INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES	Unrestricted	Restricted	TOTAL FUNDS	TOTAL FUNDS
				General	Funds	2021	2020
6a	Voluntary Income
	Donations and legacies						279.18
	Other grants and rebates			553.27		553.27
				553.27		553.27	279.18
6b	Charitable Activities-Grants
	Bexley Council			195,000.00		195,000.00	197,574.80
	Capitalise Fund					0.00	0.00
	Bexley Council Debt Advice Fund				54,000.00	54,000.00	34,000.00
	London 8 Quadrant Pound Advice Fund					0.00	18,841.25
	Positive Steps					0.00	10,014.60
	Thames Water						26,606.00
	Universal Credit Fund				123,426.72	123,426.72	113,207.66
	Trust for London Fund				16,000.00	16,000.00
	The National Lottery Community		Fund		18,750.00	18,750.00
	Charitable Activities-fundraising			11,591.35		11,591.35	10,239.23
				206,591.35	212,176,72	418,768.07	410,483.54
6c	Income from investment
	Bank interest			202.13		202.13	1,008.11
				202.13		202.13	1,008.11
TOTAL	INCOMING RESOURCES			f207,346.75	8212,176.72	8419,523.47	f411,770.83
7	RESOURCES EXPENDED			Unrestricted	Restricted	TOTAL FUNDS
				General	Funds E	2021f	2020 E
7a	Expenditure on charitable		activities
	Rent ofoffices			12,400.00	4,578.91	16,978.91	29,054.14
	Training			127.85	60.00	187.85	360.00
	Travel			1,197.42	50.50	1,247.92	1,678.36
	IT supplies &support			6,062.08	4,598.51	10,660.59	4,757.67
	Salaries 8 Wages			88,503.76	178,796.05	267,299.81	287,034.59
	Employers Nl			6,482.04	10,843.63	17,325.67	20,624.94
	Pensions			467.96	2,492.01	2,959.97	2,966.84
	Volunteer Costs			480.27		480.27	2,589.58
	Telephone			3,675.04		3,675.04	2,546.61
	Printing postage stationery			1,721.70	226.75	1,948.45	4,153.66
	Office Supplies			938.91	323.50	1,262.41	650.34
	Membership Fees &Subscriptions			7,013.94	128.00	7,141.94	1,254.77
	Insurance			1,114.61		1,114.61	890.26
	Company accounts filing fees			13.00		13.00	13.00
	Bank charges			69.00		69.00	60.00
	Accountancy and book	keeping		1,210.35		1,210.35	1,100.00
	Sundry			6,279.64	135.65	6,415.29	4,368.45
				137,757.57	202,233.51	339,991.08	364,103.21
7b	Other expenditure
	Depreciation Computer	8 Equipment		3,490.00	329.00	3,819.00	2,452.94
	Depreciation Furniture	& Fittings		269.00		269.00	337.00
				3,759.00	329.00	4,088.00	2,789.94
TOTAL	RESOURCES EXPENDED			8141,516.57	F202,562.51	6344,079.08	8366,893.15

8. Summary	8. Summary	of Fund Movements	of Fund Movements	of Fund Movements
					Balance					Balance
					31 March			Net		31 March
Desi nated Funds					2020	Income	Expenditure	Movement	Transfers	2021
Repairs	Contingency		Fund		6,000.00			0.00		6,000.00
TOTAL	DESIGNATED FUNDS				E6,000.00	60.00	E0.00	60.00	K0.00	66,000.00
					Balance					Balance
					31 March			Net		31 March
Restricted Funds					2020	Income	Expenditure	Movement	Transfers	2021
Debt Adviser					9,685.15	54,000.00	56,030.01	(2,030.01)	-7,655.14	0.00
Universal	Credit				11,603.63	123,426.72	117,400.55	6,026.17	-6,553.63	11,076.17
National	Lottery	Community		Fund	0.00	18,750.00	18,878.00	(128.00)	128.00	0.00
Trust for	London	Fund			0.00	16,000.00	7,500.00	8,500.00	-8,500.00	0.00
L&Q Pound Advice					0.00	0.00	2,753.95	(2,753.95)	2,753.95	0.00
TOTAL	RESTRICTED FUNDS				E21,288.78	6212,176.72	6202,562.51	K9,614.21	(619,826.82)	E11,076.17
General					6167,155.12	6207,346.75	6141,516.57	E65,830.18	619,826.82	6252,812.12
TOTAL					8194,443.90	f419,523.47	f344,079.08	f75,444.39	E0.00	f269,888.29