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