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|---|---|---|---|---|
|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|
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|||||||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|
##
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##
|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|
##
##