2021-03-31-accounts - North Kensington Law Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			2021	2020
		Notes
Cash flows from operating	activities
Cash generated from operations			144,598	7,992
Net cash provided by operating activities			144,598	7,992
Cash flows from investing	activities
Purchase oftangible fixed assets			(2,170)
Interest received			20	120
Net cash (used in)/provided	by investing	activities	~2,150)	120
Change in cash and cash equivalents		in
the reporting period			142,448	8,112
Cash and cash equivalents	at the
beginning ofthe reporting	period		68,907	60,795
Cash and cash equivalents	at the end	of
the reporting period			~211355	68,907

				2021	2020
					g
Net income	for the	reporting	period (as per the Statement offinancial
activities)				168,895	32,083
Adjustments	for:
Depreciation	charges			1,188	247
Interest received				(20)	(120)
Increase in work in		progress		(Ig&168)	(33,588)
Increase in debtors				(44,103)	(23,859)
Increase in creditors				36,806	33,229
Net cash provided		by operations		144,598	7,992
ANALYSIS	OF CHANGES		IN NET FUNDS
			At 1.4.20	Cash flow	At 31.3.21
					8
Net cash
Cash at bank			68,907	142,448	211,355
			68,907	142,448	211,355
Total			68,907	142,448	211,355

						2021	2020
	Other income					5,046
4.	INVESTMENT	INCOME
						2021	2020
						8	6
	Deposit account	interest				20	120
5.	INCOME FROM CHARITABLE ACTIVITIES
						2021	2020
					Activity	8
	Legal services				Provision oflegal services	112,743	93,680
	Grants				Provision oflegal services	478,449	320,099
						591,192	413,779
	Grants received,	included	in the		above, are as follows:
						2021	2020
						8
	Royal Borough ofKensington			&Chelsea		64,869	63,596
	Trust for London					84,500	45,000
	The Tudor Trust					7,500	40,000
	City Bridge Trust					45,833	50,000
	Access to Justice	Foundation				1,700
	AB Charitable Trust					10,000	20,000
	LCN Fund					85,000
	Legal Education	Foundation					55,746
	London Legal Support Trust					10&485	10,000
	Others - Windrush	support	fund			5,750
	Kensington &.Chelsea Foundation					75,752	4,007
	Law Centre Network						11,300
	Westway Trust						500
	Big Lottery Fund						9,950
	Hollick Family Foundation						10,000
	National Lottery	Community		Fund		64,781
	Allen &.Overy Foundation					4,167
	Paul Hamlyn Foundation					4,000
	Refugee Action Organisation					6,112
	The Clement James Centre					~8000
						478,449	320,099


6.	RAISING FUNDS
	Raising donations		and		legacies
								2021	2020
									6
	Advertising	&marketing						17,215	5,531
7.	CHARITABLE ACTIVITIES COSTS
								Support
							Direct	costs (see
							Costs	note 8)	Totals
	Provision oflegal services						414,604		414,604
	Supportcosts							15,818	~15 818
							414,604	15,818	430,422
8.	SUPPORT	COSTS
									Governance
									costs
									6
	Supportcosts								15,818
	Support costs, included				in	the above, are as follows:
	Governance	costs
								2021	2020
								Support	Total
								costs	acttvtttes
								5
	Auditors' remuneration								5,000
	Independent	examination						3&125
	Legal &professional			fees				2,460	1&721
	Bookkeeping	fees						7&233	6,720
	Consultancy	fees						3,000
								~15 818	13,441
9.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)					is stated aAer charging/(crediting);
								2021	2020
	Auditors' remuneration								5,000
	Depreciation	- owned		assets				1,188	247

				2021	2020
Wages and salaries				321,048	268,880
Social security costs				25,081	20,879
Other pension costs				7&279	6,519
				353,408	296,278
The average	monthly	number ofemployees	during the year was as follows:
				2021	2020
Direct				11	9
Administration				2	2
				13

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
INCOME	AND ENDOWMENTS FROM
Donations		2,462		2,462
Charitable	activities
Provision	oflegal services	187,276	226,503	413,779
lnvestnient	income	120		120
Total		189,858	226,503	416,361
EXPENDITURE ON
Raising funds		5,531		5,531
Charitable	activities
Provision	oflegal services	149,303	216,003	365,306
Support costs		13,441		13,441
Total		168,275	216,003	384,278
NET INCOME		21,583	10,500	32,083

	for the year ended 31 March 20	for the year ended 31 March 20	21
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL		ACTIVITIES	- continued
			Unrestricted	Restricted	Total
			funds	funds	funds
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	63,536	1,500	65,036
	TOTAL FUNDS CARRIED FORWARD		85,119	12,000	97,119
13.	TANGIBLE FIXED	ASSETS
			Fixtures
			and	Computer
			fittings	equipment	Totals
	COST
	At I April 2020		4,824	3,392	8&216
	Additions			2,170	~2170
	At 31 March 2021		4,824	5,562	1~0386
	DEPRECIATION
	At 1 April 2020		4,824	2,628	7,452
	Charge for year			1,188	1,188
	At 31 March 2021		4,824	3,816	8,640
	NET BOOK VALUE
	At 31 March 2021			1,746	1,746
	At 31 March 2020			764	764
14.	WORK IN PROGRESS
				2021	2020
					6
	Work in progress			72,202	54,034
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
				6
	Trade debtors			77,640	38,776
	Other debtors			16,373	18,275
	VAT			4,376	3,196
	Prepayments			11,315	5,354
				109,704	65,601

		Incoming	Resources	Movement
		resources	expended	in funds
		8
	Unrestricted funds
	General fund	189,858	(168,275)	21,583
	Restricted funds
	Legal Services	85,000	(85,000)
	Legal Advice	105,746	(105,746)
	Windrush Celebration of50years	21,300 500	(11,300)	10,000 500
I	Client voices project Grenfell Tower	9,950 4,007	(9,950) ~4,007)
		226,503	(216,003)	10,500
	TOTAL FUNDS	416,361	~384,278)	32,083