| Page | ||||
|---|---|---|---|---|
| Reference and administrative details |
||||
| Report ofthe trustees | 2 | to | 8 | |
| Independent examiner's report |
||||
| Statenient offinancial | activities | 10 | ||
| Balance sheet | ||||
| Cash flow statement | 12 | |||
| Notes to the cash flow | statement | 13 | ||
| Notes to the financial | statements | 14 | to | 23 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | f | 6 | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations | 10,968 | 10,968 | 20,274 | ||||
| Charitable activities |
|||||||
| Provision oflegal services | 292,231 | 163,811 | 456,042 | 591,192 | |||
| Other trading activities |
5,046 | ||||||
| Investment income |
61 | 61 | 20 | ||||
| Total | 303,260 | 163,811 | 467,071 | 616,532 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 9,077 | 9,077 | 17,215 | ||||
| Charitable activities |
|||||||
| Provision oflegal services Support costs |
203)815 50,154 |
163,811 | 367,626 50,154 |
414,604 15,818 |
|||
| Total | 263,046 | 163,811 | 426,857 | 447,637 | |||
| NET INCOME | 40,214 | 40,214 | 168,895 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 266,014 | 266,014 | 97,119 | |||
| TOTAL FUNDS CARRIED FORWARD | 306,228 | 306)228 | 266,014 |
| BAI | ANCE | SHEET | ||||||
|---|---|---|---|---|---|---|---|---|
| 31 | March 2022 | |||||||
| 2022 | 2021 | |||||||
| Umestricteil | I(csfricted | Total | Tntal | |||||
| fit it dc | Iitf1tls | fiiiiils | funds | |||||
| Notes | f | |||||||
| FIXEDASSETS | ||||||||
| Tangible assets | 14 | 1,006 | i,006 | 1,746 | ||||
| CURRENT ASSLi'f 5 | ||||||||
| Work in progress | I S | 84,885 | 84,885 | 72,202 | ||||
| Debtors | 1.6) | 1441156 | 144,156 | 109,704 | ||||
| Cash at bank and | in | hand | 143,626 | 37,554 | igl,i80 | ~2I I 3SS | ||
| 372,667 | 37,554 | 410)221 | 393,261 | |||||
| CREDITORS | ||||||||
| Amounts falling due within one ycal |
17 | (&i7,445) | (37)554) | (104&999) | (128,993) | |||
| NET CURRENT | ASSETS | 305222 | ~305 222 | 264,268 | ||||
| TOTAL ASSETS | LESSCURRFNT | |||||||
| LIABILITIFS | 306,228 | 306,228 | 266,014 | |||||
| NET ASSFTS | ~306 228 | - | ~306 228 | ~266 014 | ||||
| FUNDS | 18 | |||||||
| Unrestricted funds |
306,228 | 266,014 | ||||||
| TOTAL FUNDS | ~306228 | 266,014 |
| N | O | RTH KENSINGTON LAW CE |
NTRE | ||
|---|---|---|---|---|---|
| CASH FLOW STATEMENT | |||||
| for the year ended 31 March 2022 | |||||
| 2022 | 2021 | ||||
| Notes | |||||
| Cash llows from operating | activities | ||||
| Cash generated from operations |
I | ~30,236) | 144,598 | ||
| Net cash (used in)/provided | by operating | activities | ~30,236) | 144,598 | |
| Cash tiows from investing | activities | ||||
| Purchase oftangible fixed assets Interest received |
61 | (2,170) 20 |
|||
| Net cash provided by/(used |
in) investing | activities | 61 | ~2,150) | |
| Change in cash and cash equivalents | in | ||||
| the reporting period Cash and cash equivalents |
at the | (30,175) | 142,448 | ||
| beginning ofthe reporting | period | 211,355 | 68,907 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
181,180 | 211,355 |
| NOTES TO THE CASH FLOW STATEMENT for the year ended 31March 2022 |
NOTES TO THE CASH FLOW STATEMENT for the year ended 31March 2022 |
|||||
|---|---|---|---|---|---|---|
| RECONCILIATION | OF NKT INCOME TO NKT CASH FLOW FROM | OPERATING | ||||
| ACTIVITIES | ||||||
| 2022 | 2021 | |||||
| Net income for the | reporting | period (as per the Statement offinancial | ||||
| activities) Adjustments for: |
40,214 | 168,895 | ||||
| Depreciation charges |
740 | 1,188 | ||||
| Interest received Increase in work in progress Increase in debtors |
(61) (12,683) (34,452) |
(20) (18,168) (44,103) |
||||
| (Decrease)/increase | in | creditors | ~23,994 | 36,806 | ||
| Net cash (used in)/provided | hy operations | ~30,236) | 144,598 | |||
| 2. | ANALYSIS OF CHANGES | IN NET FUNDS | ||||
| At 1.4.21 | Cash flow | At 31.3.22 | ||||
| Net cash | ||||||
| Cash at bank and in hand | 211,355 | 30,175 | ~181 180 | |||
| 211,355 | 30,175 | 181,180 | ||||
| Total | 211,355 | 30,175 | 181,180 |
| 3, | OTHER TRADING AC | TI | VI | TIES | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 8 | ||||||
| Other income | 5,046 | |||||
| 4. | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| 8 | ||||||
| Deposit account interest | 61 | 20 | ||||
| 5, | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Activity | ||||||
| Legal services | Provision oflegal services | 143,339 | 112,743 | |||
| Grants | Provision oflegal services | 312,703 | 478,449 | |||
| 456,042 | 591,192 | |||||
| Grants received, included |
in | the | above, are as follows: | |||
| 2022 | 2021 | |||||
| Royal Borough ofKensington | &Chelsea | 61,625 | 64,869 | |||
| Trust for London | 60,500 | 84,500 | ||||
| The Tudor Trust | 7,500 | |||||
| City Bridge Trust | 16,667 | 45,833 | ||||
| Access to Justice Foundation | 37,150 | 1,700 | ||||
| AB Charitable Trust |
15,000 | 10,000 | ||||
| LCN Fund | 85,000 | |||||
| London Legal Support Trust | 10,000 | 10,485 | ||||
| Others - Windrush support |
fund | 3,078 | 5,750 | |||
| Kensington &Chelsea Foundation |
34,749 | 75,752 | ||||
| Hollick Family Foundation | 10,000 | |||||
| National Lottery Community |
Fund | 43,963 | 64,781 | |||
| Allen &Overy Foundation | 9,166 | 4,167 | ||||
| Paul Ham lyn Foundation | 4,000 | |||||
| Refugee Action Organisation | 3,888 | 6,112 | ||||
| The Clement James Centre | 8,000 | |||||
| Westminster Amalgamated |
4,000 | |||||
| Peter Stebbings Memorial | Charity | 2,917 | ||||
| 312,703 | 478,449 |
| 6. | RAISING FUNDS | RAISING FUNDS | RAISING FUNDS | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Raising donations | and | legacies | ||||||||
| 2022 | 2021 | |||||||||
| 5 | ||||||||||
| Advertising | tk marketing | 9,077 | 17,215 | |||||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||||||
| Grant | ||||||||||
| funding of | ||||||||||
| acttvntes | Support | |||||||||
| Direct | (see note | costs (see | ||||||||
| Costs | 8) | note 9) | Totals | |||||||
| 5 | 5 | 6 | ||||||||
| Provision oflegal services | 364,548 | 3,078 | 367)626 | |||||||
| Support costs | 6,530 | 43,624 | 50,154 | |||||||
| 371,078 | 3,078 | ~43 624 | 417,780 | |||||||
| 8. | GRANTS PAYABLE | |||||||||
| 2022 | 2021 | |||||||||
| Provision oflegal services | 3,078 | |||||||||
| 9. | SUPPORT | COSTS | ||||||||
| Governance | ||||||||||
| costs | ||||||||||
| Support costs | 43,624 | |||||||||
| Support costs, included | in the above, are as follows: | |||||||||
| Governance | costs | |||||||||
| 2022 | 2021 | |||||||||
| Support | Total | |||||||||
| costs | activities | |||||||||
| Independent | examination | 3,250 | 3,125 | |||||||
| Legal &professional Bookkeeping fees |
fees | 11,775 1,203 |
2)460 7233 |
|||||||
| Consultancy | fees | 27,396 | 3,000 | |||||||
| 43,624 | 15,818 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and salaries | 282,486 | 321,048 | ||
| Social security costs | 21,127 | 25,081 | ||
| Other pension costs | ~6432 | 7,279 | ||
| ~310045 | 353,408 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2022 | 2021 | |||
| Direct | 9 | ll | ||
| Administration | 2 | 2 | ||
| 13 |
| No employees received emoluments |
in excess of660,000. | ||||
|---|---|---|---|---|---|
| 13. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations | 20,274 | 20,274 | |||
| Charitable activities |
|||||
| Provision oflegal services | 203,847 | 387,345 | 591,192 | ||
| Other trading activities | 5,046 | 5,046 | |||
| Investment income |
20 | 20 | |||
| Total | 229,187 | 387,345 | 616,532 | ||
| EXPENDITURE ON | |||||
| Raising funds |
17,215 | 17,215 |
| for the year ended 31 March 2022 | for the year ended 31 March 2022 | for the year ended 31 March 2022 | |||
|---|---|---|---|---|---|
| 13. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | -continued | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| Charitable activities |
|||||
| Provision oflegal services | 15,259 | 399,345 | 414,604 | ||
| Support costs | 15,818 | 15,818 | |||
| Total | 48,292 | 399,345 | 447,637 | ||
| NET INCOME/(EXPENDITURE) | 180,895 | (12,000) | 168,895 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 85,119 | 12,000 | 97,119 | |
| TOTAL FUNDS CARRIED FORWARD | 266,014 | - | 266,014 | ||
| 14. | TANGIBLE FIXED | ASSETS | |||
| Fixtures | |||||
| slid | Computer | ||||
| fittings | equipment | Totals | |||
| 8 | 5 | 6 | |||
| COST | |||||
| At I April 2021 | 4,824 | 51562 | 10,386 | ||
| Disposals | (4,824) | ~4,824) | |||
| At 31March 2022 | 5,562 | 5,562 | |||
| DEPRECIATION | |||||
| At I April 2021 | 4,824 | 3,816 | 8,640 | ||
| Charge for year | 740 | 740 | |||
| Eliminated on disposal |
(4,824) | ~4,824) | |||
| At 31March 2022 | 4,556 | 4,556 | |||
| NET BOOK VALUE | |||||
| At 31 March 2022 | 1,006 | 1,006 | |||
| At 3 1 March 2021 | 1,746 | 1,746 |
| 15. | WORK IN P | R | OGRESS | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Work in progress | 84,885 | 72,202 | |||||
| 16. | DEBTORS; AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | ||||||
| 8 | 6 | ||||||
| Trade debtors | 82,903 | 77,640 | |||||
| Other debtors | 47,376 | 16,373 | |||||
| VAT | 4,376 | ||||||
| Prepayments | 13,877 | 11,315 | |||||
| 144,156 | 109,704 | ||||||
| 17. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | ||||||
| Trade creditors | 5,050 | 20,018 | |||||
| Social security | and other taxes | 6,124 | 8,850 | ||||
| VAT | 7,300 | ||||||
| Other creditors | 46 | 4,766 | |||||
| Deferred income | 82,050 | 90,591 | |||||
| Accrued expenses | 4,429 | 4,768 | |||||
| 104,999 | 128,993 | ||||||
| 18. | MOVEMENT | IN FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At | 1.4.21 | in funds | 31.3.22 | ||||
| 5 | |||||||
| Unrestricted | funds | ||||||
| General fund | 266,014 | 40,214 | 306,228 | ||||
| Restricted funds | |||||||
| Legal Services | |||||||
| Legal Aid | |||||||
| Training | |||||||
| Windrush | |||||||
| Gren fell Tower | |||||||
| COVID-19 Support | |||||||
| General Support | |||||||
| TOTAL FUNDS | 2665014 | 40,214 | 306,228 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| 8 | ||||
| Unrestricted funds |
||||
| General fund |
303,260 | (263)046) | 40,214 | |
| Restricted funds | ||||
| Legal Services | 48,000 | (48,000) | ||
| Legal Advice | 48,130 | (48,130) | ||
| Training | 4,300 | (4,300) | ||
| Windrush | 15,578 | (15,578) | ||
| Gten fell Tower |
34,749 | (34,749) | ||
| COVID-19 Support General Support |
3,888 9,166 |
(3,888) ~9,166) |
||
| ~163811 | ~163,811 | |||
| TOTAL FUNDS | 467,071 | ~426 857) | 40,214 | |
| Comparatives for movement |
in funds | |||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| Unrestricted funds |
||||
| General fund |
85,119 | 180,895 | 266,014 | |
| Restricted funds | ||||
| Fixed Assets | 1,500 | (1,500) | ||
| Legal Services | ||||
| Legal Aid | ||||
| Training | ||||
| Windrush | 10,000 | (10,000) | ||
| Celebration of50 years | 500 | (500) | ||
| Gren fell Tower |
||||
| COVID-19 Support | ||||
| General Support |
||||
| 12,000 | ~12,000) | |||
| TOTAL FUNDS | 97,119 | 168,895 | ~266 014 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| 6 | |||
| Unrestricted funds |
|||
| General fund |
229,187 | (48,292) | 180,895 |
| Restricted funds | |||
| Fixed Assets Legal Services |
84,500 | (1,500) (84,500) |
(1,500) |
| Legal Advice | 110,614 | (110,614) | |
| Training | 1,700 | (1,700) | |
| Windrush Celebration of50 years |
4,000 7,500 |
(14,000) (8,000) |
(10,000) (500) |
| Grenfell Tower COVID-19 Support |
35,151 131,713 |
(35,151) (131,713) |
|
| General Support |
12,167 | ~12,167) | |
| 387,345 | (399,345) | ~12,000) | |
| TOTAL FUNDS | 616,532 | ~447,637) | 168,895 |