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|||Pacaee|
|---|---|---|
|Chair's Report||2 —3|
|Directors'
and Trustees'|Report|4 —10|
|Independent
Examiner's|Report||
|Statement ofFinancial Activities||12|
|Balance Sheet||13|
|Notes to the Financial Statements||14—24|
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|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|||||
|---|---|---|---|---|---|---|---|
|Company|Number:||01659324|||||
|Charity
Number:|||289423|||||
|Directors:|||Maria Way —Chair|||||
||||Lelah Palmer —Treasurer|||||
||||Richard
Bartram|||||
||||Warren
Drew|||||
||||Brogan McPherson|||||
||||Victoria Actua|||||
||||Rev Ben Bell|||||
||||Ruth Lomax|||||
||||Cllr Kam Adams|(Appointed||12/01/2022)||
|Secretary:|||Paul Fleming|||||
|Senior Management:|||Paul Fleming —Executive Director|||||
|Registered||Office:|156 Hoxton Street,||London|N1 6SH||
|Website:|||www. hoxtontrust.|org||||
|Independent||Examiner:|David Terry FCA,|||||
||||Ramon Lee Ltd, 93Tabernacle||||Street, London EC2A 4BA|
|Bankers:|||Bank of Scotland,||London|Chief Office Branch, P.O. Box 1000, BX2 1LB||
|Solicitors:|||Nicholas
&Co., 18-22Wigmore||||Street, London W1U 2RG|
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||||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|Funds|Funds|2022|2021|
||||||||||6|f|
|Income|||||||||||
|Donations|||||||22,181||22,181|9,288|
|Income from||charitable||activities|||23,278|41,690|64,968|86,042|
|Income from||trading|activities||||72,366||72,366|65,549|
|Total income|||||||117,825|41,690|159,515|160,879|
|Expenditure|||||||||||
|Cost of raising funds||||||5|18,268||18,268|25,482|
|Expenditure||on charitable|||activities|5|98,155|33,500|131,655|122,208|
|Total expenditure|||||||116,423|33,500|149,923|147,690|
|Net income/(expenditure)|||||and net||1,402|8,190|9,592|13,189|
|Reconciliation||offunds|||||||||
|Total funds,|brought||forward||||62,483||62,483|49,294|
|Total funds,||carried|forward||||63,885|8,190|72,075|62,483|
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|GRANTS|AND DONATIONS|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2022|2021|
|||||E|E|
|L B.Hackney||15,000||15,000||
|Individual|giving|7,181||7,181|9,288|
|||22,181||22,181|9,288|
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|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|2022|2021|
||||||8|6|
|Legal Advice|||||||
|Barton House Group|||7,500||7,500||
|City Bridge Trust||||11,500|11,500|13,750|
|East End Citizens Advice|Bureaux|||15,000|15,000|15,000|
|Trust for London||||7,000|7,000|14,500|
|Neighbourly
Community|Fund|||||400|
|The Screwfix Foundation||||||2,430|
|The Foyle Foundation||||||8,000|
|Furlough
Grant|||1,028||1,028|17,462|
|Community
Gardening|||||||
|Garden income|||14,750||14,750||
|National
Lottery Community||Fund||8,190|8,190|12,500|
|Agulhas
Donation||||||2,000|
||||23,278|41,690|64,968|86,042|
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|NCOME FROM OTHER TRADI|NG ACTIVITIES||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Funds|2022|2021|
||f||f||
|Rental Income|66,366||66,366|65,549|
|Bad debts recovered|6,000||6,000||
||72,366||72,366|65,549|
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|ANALYSIS|OF EXPENDITURE||||||
|---|---|---|---|---|---|---|
|||Raising|Legal|Community|Total|Total|
|||Funds|Advice|Gardening|2022|2021|
||||f||||
|Salary costs||11,175|59,196|25,814|96,185|84,839|
|Volunteer expenses|||682|1,365|2,047|700|
|Premises costs||6,092|6,092|6,092|18,276|19,646|
|Other direct|project costs||1,849|11,877|13,726|6,831|
|Support notes (Note 6)||901|8,404|8,404|17,709|33,874|
|Governance|costs (Note 6)|100|940|940|1,980|1,800|
|||18,268|77,163|54,492|149,923|147,690|
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|The charity|initially|identifies|identifies|the|costs|of its support|of its support|functions.|functions.|It then|identifies|identifies|those|those|costs which|relate to|relate to|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|the governance
function.|||Governance|||costs and|other support costs||||are|apportioned|||separately|between||
|charity's
key activity||undertaken|||(see|note 5) in|the year.||All|the general||support||and governance|||costs|
|have
been|apportioned||to|the|various|charitable||activities|on the||basis|of|staff|time allocated||to|each|
|activity.||||||||||||||||||
|||||||Support||||Governance|||||Total||Total|
|||||||||Costs||Costs|||||2022||2021|
|||||||||f|||||||f||8|
|Finance and|administration||staff|||||3,725|||||||3,725||6,088|
|Communication
and||ITcosts||||||5,337|||||||5,337||4,010|
|Legal and professional
costs||||||||935|||||||935||934|
|General office costs||||||||471|||||||471||20|
|Bad debts||||||||7,241|||||||7,241||22,822|
|Independent|Examiner's fees|||||||||1,980|||||1,980||1,800|
||||||||17,709|||1,980||||19,689|||35,674|
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|NET INCOME/(|EXPEND|ITURE)
FOR THE YEAR|||
|---|---|---|---|---|
||||2022|2021|
|Net movement|in funds|is shown after charging:|||
|Independent
examiner's||fees|1,980|1,800|
|Operating
lease|rent||8,000|6,000|
|Depreciation
on|tangible|fixed assets|1,874|3,158|
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||||2022|2021|
|---|---|---|---|---|
|STAFF|COSTS||||
|Salaries|||93,696|84,098|
|National|Insurance||3,589|1,864|
|Pension|||2,625|2,325|
|Redundancy||pay||2,532|
||||99,910|90,819|
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|||2022|2021|
|---|---|---|---|
|Net book|value:|||
|Fixtures,|fittings and equipment|327|491|
|Computer|Equipments|2,705|3,816|
|||3,032|4,307|
|||||3,032|4,307|
|---|---|---|---|---|---|
|Movements
in the period:||||||
|Cost:||Opening|Additions|Disposals|Closing|
|||Balances|||Balances|
|Fixtures,|fittings and equipment|21,431|||21,431|
|Computer|Equipments|6,242|600||6,842|
|||27,673|600||28,273|
|Depreciation:||Opening|Charge|Disposals|Closing|
|||Balances|For Period||Balances|
|||f|6||6|
|Fixtures,|fittings and equipment|20,940|164||21,104|
|Computer|Equipments|2,426|1,711||4,137|
|||23,366|1,874||25,241|
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|2022|2021|
|---|---|
||3,142|
||3,142|
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|CREDITORS: amounts
falling due within one year|||
|---|---|---|
||2022|2021|
|Accruals|1,980|2,144|
|Other Creditors|1,176|478|
|Taxation and social security|4,636|1,779|
||7,792|4,401|
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|MOVEMENT
IN FUNDS||||||
|---|---|---|---|---|---|
|||Balance at|Income|Expenditure|Balance at|
|||'01/04/2021|||31/03/2022|
|Restricted funds:||||||
|City Bridge Trust|||11,500|11,500||
|East End Citizens Advice Bureaux|||15,000|15,000||
|Trust for London|||7,000|7,000||
|National
Lottery Community|Fund||8,190||8,190|
||||41,690|33,500|8,190|
|Unrestricted
funds||||||
|General funds||62,483|117,825|116,423|63,885|
|||62,483|117,825|116,423|63,885|
|Total funds||62,483|159,515|149,923|72,075|
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|MOVEMENT|IN FUNDS (Cont/d)||||||
|---|---|---|---|---|---|---|
|Movement
in funds —previous||year|||||
||||Balance at|Income|Expenditure|Balance at|
||||01/04/2020|||31/03/2021|
|Restricted funds:|||||||
|Legal Advice|service|||31,930|31,930||
|||||31,930|31,930||
|Unrestricted|funds||||||
|General funds|||49,294|128,949|115,760|62,483|
||||49,294|128,949|115,760|62,483|
|Total funds|||49,294|160,879|147,690|62,483|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|2022|
|||||f||
|Tangible|Fixed assets||3,032||3,032|
|Net Current assets|||60,853|8,190|69,043|
||||63,885|8,190|72,075|
|ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS —previous||||year||
||||Unrestricted|Restricted|Total|
||||Funds|Funds|2021|
|||||f|f|
|Tangible|Fixed assets||4,307||4,307|
|Net Current assets|||58,176||58,176|
||||62,483||62,483|
|DEFERRED INCOME||||||
|||||2022|2021|
|Balance|brought|forward|||7,250|
|Amount|released|to income|in the year||(7,250)|
|Amount|deferred|in the year||||
|Balance|carried|forward||||
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|At 31 March|2022, the charity had annual
commitments
|under non-cancellable
operating
leases|as follows:|
|---|---|---|---|
|||2022|2021|
|Operating|Lease Commitment|||
|In one year||8,000|18,000|
|Two to five|years|32,000|16,008|
|||40,000|34,008|
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