2023-03-31-accounts

		Page
Reference and administrative	details ofthe charity, its Trustees and advisers
Trustees' report		2-6
Independent examiner's report
Statement offinanoial activities
Balance sheet
Statement ofcash flows		10
Notes to the tinancial statements		11-25

Csstrategic	outcomes	inform ou	r priorities and a	pproach as s	ummari	sad below:
Priorities						Approach
Bexlay has	atluiving,	influential	and sustainable	sector	~	Services are of high quality and VCS iswell led:
which benefits Bexley people and communities.						supported by access to ahigh quality, bespoke
						capacity building program.
					~	Improve the funding situation ofVCS.
					~	Services are safe.
					~	Sharing, championing, and celebrating	the
						sectors achievements.
					~	Building supportive and influential relationships.
Bexley has	avibrant,	inclusive,	and diverse volunteering		~	Diversify volunteer base to improve accessibility of
culture.						volunteering forpeople resident in all areas ofthe
						borough.
					~	Improved connection and involvement	in community	for
						Bexley residents via our newly designed Launchpad
						project.
					~	More Bexley residents are volunteering.
Volunteers	in Bexlay	have apositive and rewarding			~	Volunteer*a contribution isrecognised	and valued.
experience.
					~	Volunteer organisations offer ahigh-quality
						experience.
					~	Volunteer organisations can efficiently	recruit,
						select, and appoint volunteers.

			Uarestricted		Total	Total
			funds	Restricted funds	funds	foods
			2023	2023	2023	2022
		Note		f.
Income from:
Donations and legacies			40		40	2,828
Charitable activities			696,521	139,401	835,922	895,708
Other trading activities			1,191		1,191	415
Investments			1,629		1,629	28
Total income			699,381	139,401	838,782	898,979
Expenditure on:
Raising funds			13,434		13,434	13,002
Charitable activities			581,272	153,730	735,002	810,111
Total expenditure			594,706	153,730	748,436	823,1/3
Net (expenditure)/income			104,675	(14,329)	90,346	75,866'
Transfers between funds		17	19,174	(19,174)
Net movemeut in funds			123,849	(33,503)	90,346	75,866
ReconciTiation offunds:
Total funds brought	forward		529,564	109,594	639,158	5I53,292
Net movement m funds			123,849	(33,503)	90,346	75,866
Total funds carried	forward		653,413	76,091	729,504	639,158

						2023	2022
					Note
Cash flows from operating	activities
Net cash used in operating	activities				19	111,878	161,621
Cash flows from investing	activities
Dividends, interests and rents from investments						1,629	28
Purchase ofintangible assets						(27,000)
Purchase oftangible fixed	assets					(11,073)	(5,099)
Net cash used in investing	activities					(36,444)	(5,071)
Change in cash and cash equivalents		in	the year			75,434	156,550
Cash and cash equivalents	at the beginning		ofthe year			718,839	562,289
Cash and cash equivalents	at the end	of	tbe year		20	794,273	718,839
The notes on pages 11 to 25 form part		ofthese finmciai		statements

				Unrestricted	Total	Total
				funds	funds	1'ands
				2023	2023	2022
Donations				40	40	2,828
Analysis of2022 total byfund				2828	2828
Income from charitable	activities
			Iinrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023 0	2023 f.	2023	2022f
Income &om charitable	activities - Voluntary	activity in
Bexley			696,521	139,401	835,922	895,708
Analysis of2022 total byfund			534,402	361,306	895,708

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023f	2023	2022
London Borough	ofBexley infrastructure	grant	240,000		240,000	240,000
London Borough	ofBexley community	connect grant	271,050		271,050	272,858
CYFPO funding			7,409		7,409	7,409
City Bridge Trust	grant			10,525	10,525	31,575
Pathways			94,494		94,494
NAVCA Cost of	living		5,000		5,000
Young Londoners	Fund			9,027	9,027	7,262
Other funding			13,851		13,851	48,773
Slade Green BigLocal				88,766	88,766	109,576
Health k. Wellbeing						50,000
Social Prescribing	Pilot					45,000
Sports Inclusion				31,083	31,083	30,000
PSN Vaccination	Programme					40,120
Lets Talk			1,200		1,200	13,135
Digital First			25,000		25,000
Digital Champions	Project		18,878		18,878
Organisational Development			20,000		20,000
Total 2023			696,882	139,401	836,283	895,708
Analysis af2022 total byfund			582,175	313,533	895,708

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
Bank interest	1,629	1,629	28
Analysis of2022 total byfund	28	28

				Unrestricted	Restricted
				funds	funds	Total	Total
				2023	2023	2023	2022
Voluntary	activity in Bexley			581,272	153,730	735,002	810,111
Analysis	of2022 total by	fund		518,039	292,072	810,111
Analysis	ofexpenditure	by activities
				Grant funding		Total	Total
			Direct costs	ofactivities	Support costs	funds	funds
			2023	2023	2023	2023	2022
			0		f.	0
Voluntary	activity in Bexley		547,547	38,732	148,723	735,002	810,111
Analysis	of2022 total by	type	592,723	125,668	91,720	810,111

				Total	Total
				funds	funds
				2023 8	2022f
Staff costs				479,273	453,308
Organisation	support			60,500	132,475
Computer and sottware				7,774	6,940
				547,547	592 723
Analysis ofsupport		costs
				Total	Toral
				funds	funds
				2023	2022
Staffcosts				24,509	7,969
Depreciation				9,365	4,768
Staffexpenses				9,022	2,497
Volunteers' expenses				14,851	5,502
Marketing				2,296	2,390
Rent and hire	ofpremises			47,297	30,391
Printing, postage and		stationery		7,519	6,162
Telephone and internet				3,440	2,815
Subscriptions				328	1,059
Computer and sogware				7,571	6,185
Legal and professional				4,561	5,999
Consultancy				7,243	4,502
Annual General Meeting expenses				1,071	831
Independent examination			fees	3,510	3,432
Other support	costs			6,140	7,218
				148,723	91,720

					2023f	2022f
Fees payable to	the charity's independent	examiner	for the independent	examination ofthe
oharity's annual	accounts (inclusive ofVAT)				3,330	3,216
Fees payable to	the charity's independent	examiner	in respect of:
All other services not included above					180	180

			2023	2822f
Wages and	salaries		453,566	419,346
Social security costs			39,874	33,911
Contribution	to defined contribution	pension schemes	23,776	21,822
			517,216	474,279

			2023	2t)22
			No.	No
Management		snd administration	3	3
Charitable	activities		10	10
Fundraising		activities	2	2
			15	15

13.	Intangible assets
		Software
	Cost
	At 1 April 2022	12,780
	Additions	27,000
	At 31March 2023	39,780
	Amortisation
	At 1April 2022	5,645
	Charge for the year	3,978
	At 31March 2023	9,623
	Net book value
	At 31March 2023	30,157
	At 31March 2022	7,135

Notes to the financial statements	Notes to the financial statements	Notes to the financial statements
for the	year ended	31March 2023
14.	Tangible fixed assets
				Office
				equipment
				8
	Cost
	At 1 April 20ZZ			18,958
	Additions			11,073
	Disposals			(4,391)
	At 31March	2023		25,640
	Depreciation
	At 1 April 20ZZ			8,493
	Charge for the year			5,387
	On disposals			(3,028)
	At 31March	2023		10,852
	Net book value
	At 31March	2023		14,788
	Ar 37March	2022		70,465
15,	Debtors
			2023	2022
			6
	Trade debtors		51,199	35,799
	Prepayments	and accrued income	46,210	18,777
			97,409	53,976

				2023	2022
Trade creditors				18,837	8,859
Other taxation and		social security		10,665	8,957
Other creditors				3,444	2,896
Accruals	and deferred income			174,177	730,545
				207,123	151,257
				2023	2022
Deferred	income at 1 April 2022			125,035	929
Resources	deferred	during the year		169,291	124,798
Amounts	released from previous		periods	(125,035)	(692)
				169,291	125,035

Statement offunds	- current year
		Balance at 1			Transfers	Balance at 31
		April 2022	Income	Expenditure	tn/out	March 2023
Unrestricted funds
Designated funds
Equipment fund		10,000		(7,155)	7,155	10,000
Community connect pre Oct 22		137,318	104,250	(124,329)		117,239
Community connect post Oct 22			166,800	(154,241)		12,559
Premises		40,000				40,000
Operational Contingency		150,000				150,000
Digital First			25,000			25,000
Digital Champions	Network		18,878	(13,229)		5,649
NAVCA Cost ofliving			5,000	(4,400)		600
Pathways			94,494	(84,062)		10,432
Let's Talk		3,790	1,200	(4,990)
		341,108	415,622	(392,406)	7,155	371,479
Geaeral funds
General fund		188,456	283,759	(202,300)	12,019	281,934
Total Unrestricted	funds	529,564	699,381	(594,706)	19,174	653,413
Restricted funds
City Bridge Trust		2,112	10,525	(8,464)		4,173
Samaritans		470		(223)		247
Young Londoners Fund			9,027	(9,027)
Slade Green BigLocal		42,960	88,766	(86,590)	(4,174)	40,962
Sports Inclusion		14,052	31,083	(29,426)	(15,000)	709
Guys - Health dt Wetlhcing		50,000		(20,000)		30,000
		109,594	139,401	(153,730)	(19,174)	76,091
Total offunds		639,158	838,782	(748,436)		729,504

		Balance at				Balance at
		I April 2021	Income	Expenditure	Transfers in/ant f	31March 2022
Unrestricted funds
Designated funds
Voluntary sector hub		42,018			(42,018)
Equipment fund		7,600		(5,099)	7,499	10,000
Community connect pre Oct 22		80,088	272,858	(215,628)		137,318
Community connect post Oct 22			13,135	(9,345)		3,790
Premises					40,000	40,000
Operational Contingency					150,000	150,000
		129,706	285,993	(230,072)	155,481	341,108
General funds
General fund		345,493	299,453	(301,009)	(155,481)	188,456
Total Unrestricted	funds	475,199	585,446	(531,081)		529,564
Restricted funds
City Bridge Trust		9,384	31,575	(38,847)		2,112
Samaritans		510		(40)		470
Young Londoners	Fund	2,285	7,262	(9,547)
Slade Green Big Local		13,842	109,576	(80,458)		42,960
The National Lottery Community
Fund		62,072		(62,072)
Sports Inclusion			30,000	(15,948)		14,052
Guys - Health &Wellbeing			50,000			50,000
Social Prescribing	Pilot		45,000	(45,000)
PCN Vaccination	Programme		40,120	(40,120)
		88093	313,533	(292032)		109,594
Total offunds		5o3,292	898,979	(823,113)		639,158

	Analysis ofnet assets between	funds - current year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
	Tangible fixed assets		14,788		14,788
	Intangible fixed assets		30,157		30,157
	Current assets		815,591	76,091	891,682
	Creditors due within one year		(207,123)		(207,123)
	Total		653,413	76,091	729,504
	Analysis ofnet assets between	funds - prior year
			Unrestricted		Toto/
			fiinds	Jtestrictedfunds	funds
			2022	2022	2022
	Tangible fixed assets		10,465		10,465
	Intangible fixed assets		7,135		7,135
	Current assets		6'o3,221	109,594	772,815
	Creditors due within one year		(151,257)		(151,257)
	Total		529,564	109,594	639,158
19,	Reconciliation ofnet movement	in funds to net cash ttow from operating	activities
				2023	2022
	Net income for the year (as per Statement ofFinancial Activities)			90,346	75,86o'
	Adjustments for:
	Depreciation charges			5,387	3,490
	Amortisstion charges			3,978	1,278
	Dividends, interests and rents from investments			(1,629)	(28)
	Loss on the disposal offixed assets			1,363	4,351
	(Increase)/decrease in debtors			(43,433)	(14,039)
	Increase in creditors			55,866	90,703
	Net cash provided by operating	activities		111,878	161,6'21

			2023	2022f
Cash	in	hand	794,273	718,839

						At	1April		At 31March
							2022	Cash flows	2023
Cash	at	bank	and	in	hand		718,839	75,434	794,273

		2023f	2022
Not later than	1 year	2,134	4,035
Later than 1 year and not later than 5 years			1,665
		2,134	5,700

2023	2022f
3,915	5,014