##
##
##
|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent
accountant's
report||to the|members||||
|Statement
offinancial|activities|(including||income and|||
|expenditure
account)|||||||
|Statement
offinancial|position||||||
|Notes to the financial|statements||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|(including
inco
31 March 2023|me a|nd expen|diture|account)||||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
|||||Unrestricted|Restricted|||
||||Note|funds
f|funds|Total funds|Total funds
F|
|Income and endowments||||||||
|Charitable
activities||||274,562||274,562|273,179|
|Other trading
activities||||6,170||6,170|1,397|
|Investment
income||||1,167||1,167|29|
|Other income||||24,869||24,869|12,742|
|Donations|||||||1,412|
|Furlough
income|||||||204|
|Grants||||5,000|42,329|47,329|159,999|
|Total income||||311,768|42,329|354,097|448,962|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofother|trading|activities|10|17,990||17,990|122,969|
|Expenditure
on charitable||activities|11,12|292,218|184,733|476,951|177,216|
|Total expenditure||||310,208|184,733|494,941|300,185|
|Net (expenditure)1fncome||and net||||||
|movement
in funds||||1,560|(142,404)|(140,844)|148,777|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||300,909|1,204,700|1,505,609|1,356,832|
|Total funds carried|forward|||302,469|1,062,296|1,364,765|1,505,609|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible fixed assets||||17|1,049,999|1,074,999|
|Current assets|||||||
|Debtors||||18|38,804|55,041|
|Cash at bank|and|in|hand||343,140|451,790|
||||||381,944|506,831|
|Creditors: amounts|||falling due within one year|19|67,178|76,221|
|Net current|assets||||314,766|430,610|
|Total assets|less|current liabilities|||1,364,765|1,505,609|
|Funds ofthe charity|||||||
|Restricted funds|||||1,062,296|1,204,700|
|Unrestricted|funds||||302,469|300,909|
|Total charity|funds|||20|1,364,765|1,505,609|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Charitable
activities|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2023|Funds|2022|
||f|f|f|F|
|Rents from charities|220,061|220,061|229,711|229,711|
|Room bookings|53,420|53,420|43,108|43,108|
|Catering|1,081|1,081|360|360|
||274,562|274,562|273,179|273,179|
|6.|Other trading|Other trading|activities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||f|f||F|
||Room bookings|||6,170|6,170|1,397|1,397|
|7.|Investment|income||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||F|f||F|
||Bank interest|||1,167|1,167|29|29|
|8.|Other income|||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||F|f||F|
||Other income|||24,869|24,869|12,742|12,742|
|9.|Donations|and|Grants|||||
|Donatio|ns
and Grants||||||
|---|---|---|---|---|---|---|
||||Restricted|Total Funds|Restricted|Total Funds|
||||Funds|2023|Funds|2022|
|Lambeth|Council||21,310|21,310|150,000|150,000|
|Big Lottery|||||9,999|9,999|
|City Bridge Trust-Stepping||Stones|21,019|21,019|||
||||42,329|42,329|159,999|159,999|
##
##
##
##
##
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2023|Funds|2022|
|City Bridge Trust||5,000|5,000|||
|Furlough|income|||204|204|
|Donations||||1,412|1,412|
|||5,000|5,000|1,616|1,616|
##
||||||Basis of|Raising|Charitable|Governance|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Allocation|Funds|Activities||Total|Total|
|Direct costs|||||||||||
|Staff costs|||||Direct|3,404|151,134|2,000|156,538|142,506|
|Audit &|legal||||Direct||15,285|1,260|16,545|551|
|Training,|subs & sundry||||Direct||1,425||1,425|4,915|
|Project|||||Direct||147,486||147,486|30,298|
|Support|costs allocated||||||||||
|Comms,|stationery||and||||||||
|travel|||||Usage|252|4,786||5,038|7,110|
||||||Floor||||||
|Repairs|and|building||costs|area|5,148|97,826||102,974|63,536|
||||||Floor||||||
|Utilities|and|insurance|||area|1,883|35,779||37,662|26,145|
|Finance|costs||||Trans|||293|293|54|
|Depreciation|||||Usage|3,750|21,250||25,000|25,000|
|Professional||Fees|||||1,980||1,980|70|
|Total resources expended||||||14,437|476,951|3,553|494,941|300,185|
##
##
##
##
##
|Expenditur|e
on charitable
activ|ities
by fund|type|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||F|||
|Charitable|rents and conference|income|306,655|184,733|491,388|
|Support costs|||3,553||3,553|
||||310,208|184,733|494,941|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||||F|F|F|
|Charitable|rents and conference|income|241,687|55,298|296,985|
|Support costs|||3,200||3,200|
||||244,887|55,298|300,185|
##
|||||||Activities||||
|---|---|---|---|---|---|---|---|---|---|
|||||||undertaken|Support|Total funds|Total fund|
|||||||directly|costs|2023|2022|
|||||||E|F||F|
||Charitable|activity||||491,388||491,388|296,985|
||Governance||costs||||3,553|3,553|3,200|
|||||||491,388|3,200|494,941|300,185|
|13.|Net (expenditure)/income|||||||||
||Net (expenditure)/income|||is stated|after|charging/(crediting):||||
|||||||||2023|2022|
||Depreciation||oftangible|fixed assets||||25,000|25,000|
|14.|Accountants||remuneration|||||||
|||||||||2023|2022|
||Fees payable||for the independent||report|ofthe financial|statements|||
|||||||||1,260|1,200|
##
##
##
##
|The total staff costs and employee
benefits for t|he reporting
period are analysed
as fo|llows:|
|---|---|---|
||2023|2022|
||E||
|Wages and salaries|137,650|126,587|
|Social security costs|12,261|9,888|
|Pension costs|6,627|6,031|
||156,538|142,506|
|The average|head|count of employees|count of employees|during|the year was 7 (2022: 7).The average|the year was 7 (2022: 7).The average|number|of|
|---|---|---|---|---|---|---|---|---|
|full-time
equivalent||employees|during|the year|is analysed|as follows:|||
|||||||2023|2022||
|||||||No.|No.||
|Manager||||||1||1|
|Centre staff||||||4||5|
|Administration|& support|||||1||1|
|||||||6||7|
##
##
##
##
##
##
##
|Yea|r ended 31 March 2023|r ended 31 March 2023||||
|---|---|---|---|---|---|
|17.|Tangible fixed assets|||||
||||Freehold|Plant and||
||||property|machinery|Total|
||||F|F|E|
||Cost|||||
||At 1 Apr 2022 and|31 Mar 2023|1,249,999|417,213|1,667,212|
||Depreciation|||||
||At 1 April 2022||175,000|417,213|592,213|
||Charge for the year||25,000||25,000|
||At 31 March 2023||200,000|417,213|617,213|
||Carryirtg
amount|||||
||At 31 March 2023||1,049,999||1,049,999|
||At 31 March 2022||1,074,999||1,074,999|
|18.|Debtors|||||
|||||2023|2022|
|||||E|F|
||Trade debtors|||16,791|37,849|
||Prepayments|||22,013|17,192|
|||||38,804|55,041|
|19.|Creditors: amounts|falling due within one year||||
|||||2023|2022|
|||||E||
||Trade creditors|||12,566|8,363|
||Other creditors|||54,612|67,858|
|||||67,178|76,221|
|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
|||At|1|April 2022
E|Income|Expendituref|31 March 2023
F|
|General|funds|||300,909|311,768|(310,208)|302,469|
##
##
##
##
|Restricted|funds|||||
|---|---|---|---|---|---|
|||At|||At|
|||1 April 2022|Income|Expenditure|31 March 2023|
|||E|F|F||
|Revaluation|reserve|1,074,999||(25,000)|1,049,999|
|Lambeth
Council||119,702|21,310|(141,012)||
|Big Lottery|Fund|9,999||(1,981)|8,019|
|City Bridge|Trust-|||||
|Stepping Stones|||21,019|(16,740)|4,279|
|||1,204,700|42,329|(184,733)|1,062,296|
##
|Analysis of net as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|Tangible fixed assets|||1,049,999|1,049,999|
|Current assets||369,647|12,297|381,944|
|Creditors less than|1 year|(67,178)||(67,178)|
|Net assets||302,469|1,062,296|1,364,765|