2023-03-31-accounts

Trustees				Maria Way	(Resigned	on July 2023)
				Ruth Lomax
				Kimson Alexander	(Appointed	on 02/07/2023)
				Sharon Meager	(Appointed	on 29/06/2023)
				Cllr Kam Adams
				Warren Drew
				Rev Ben Bell	(Resigned	on 08/06/2023)
				Brogan McPherson
				Richard Bartram	(Resigned	on 08/06/2023)
				Victoria Actua	(Resigned	on 01/06/2023)
				Sudenaz Top	(Appointed	on 18/07/2023)
				Lelah Palmer - Treasurer	(Resigned	on 12/03/2023)
Secretary				Paul Fleming
Charity	number			289423
Company		number		01659324
Senior Management				Paul Fleming —Executive Director
Website				www. hoxtontrust. org
Registered			office	156 Hoxton Street
				London
				N1 6SH
Independent			examiner	David Terry FCA
				Remen Lee Ltd
				Chartered Accountants
				93Tabernacle Street
				London
				EC2A 4BA
Bankers				Bank ofScotland
				London Chief Office Branch
				P.O. Box 1000
				BX2 1LB
Solicitors				Nicholas 8, Co.
				18-22 Wigmore Street
				London
				W1U 2RG

			Page
Chair's statement			1-2
Trustees' report			3-8
Independent examiner's		report
Statement of financial	activities		to
Balance sheet			11 —12
Notes to the financial	statements		13-22

				Unrestricted	Restricted	Total	Total
				funds	funds	2023	2022
			Notes	6	f		6
Income from:
Donations and	legacies			2,885	6,000	8,885	22,181
Charitable activities				8,500	96,016	104,516	50,218
Other trading activities				75,976		75,976	87,116
Total income				87,361	102,016	189,377	159,515
E* d~ii
Raising funds				19,144		19,144	18,268
Charitable activities				75,767	110,206	185,973	131,655
Total expenditure				94,911	110,206	205,117	149,923
Net (expenditure)/income		for the year/
Net movement	in funds			(7,550)	(8,190)	(15,740)	9,592
Fund balances	at 1 April	2022		63,885	8,190	72,075	62,483
Fund balances	at 31 March 2023			56,335		56,335	72,075

					2023		2022
				Notes	F		6
Fixed assets
Tangible assets						1,158		3,032
Current assets
Debtors				12	9,775
Cash at bank and	in	hand			52,085		76,835
					61,860		76,835
Creditors: amounts		falling	due within
one year				13	(6,683)		(7,792)
Net current assets						55,177		69,043
Total assets less	current		liabilities			56,335		72,075
Income funds
Restricted funds				14				8,190
Unrestricted funds						56,335		63,885
						56,335		72,075

			Legal	Advice/	Community	Total	Tote I
			Mental	Health	Gardening	2023	2022
				Project
						f	f
Barton House Group- Grant				8,500		8,500	7,500
City Bridge Trust				33,516		33,516	11,500
East End Citizens Advice Bureaux				15,000		15,000	15,000
Furlough Grant							1,028
National Lottery Community		Fund					8,190
CiHWF Mind (Mental	Health	Project)		29,000		29,000
RBG					500	500
City and Shoreditch	PCN			18,000		18000
Trust for London							7,000
				104,016	500	104,516	50,218
Analysis by fund
Unrestricted funds				8,500		8,500	8,528
Restricted funds				95,516	500	96,016	41,690
				104,016	500	104,516	50,218
For the year ended	31 March 2022
Unrestricted funds				8,528			8,528
Restricted funds				33,500	8,190		41,690
				42,028	8,190		50,218

				Unrestricted	Total	Total
				funds	2023	2022
				F	f
Garden	hire	income		5,000	5,000	14,000
Garden	income			839	839	750
Rental	Income			70,137	70,137	66,366
Bad debts recovered						6,000
Other trading		activities		75,976	75,976	87,116
For the	year	ended	31 March 2022	87,116		87,116

		Unrestricted	Total	Total
		funds	2023	2022
			f	6
Staff costs		11,390	11,390	11,175
Premises costs		7,203	7,203	6,092
Support costs		467	467	1,001
Governance	costs	84	84	100
		19,144	19,144	18,268
For the year	ended 31 March 2022
Fundraising	and publicity	18,268		18,268
		18,268		18,268

			Legal	Advice/	Community	Total	Total
			Mental	Health	Gardening	2023	2022
				Project
				f
Staff costs				76,017	52,076	128,093	85,010
Volunteer	expenses			708	1,418	2,126	2,047
Premises	costs			7,203	7,203	14,406	12,184
Other direct project		costs		16,309	11,053	27,362	13,726
				100,237	71,750	171,987	112,967
Share of	support costs (see nole 8)			5,916	5,916	11,832	16,808
Share of	governance	costs (see note 8)		1,077	1,077	2,154	1,880
				107,230	78,743	185,973	131,655
Analysis	by fund
Unrestricted funds				714	75,053	75,767	98,155
Restricted	funds			106,516	3,690	110,206	33,500
				107,230	78,743	185,973	131,655

8	Support costs
						Support	Governance	Total	Total
						costs	costs	2023	2022
						6		f.	6
	Finance and administration staff					3,797		3,797	3,725
	Communication and IT		costs			6,860		6,860	5,337
	Legal and professional		costs			956		956	935
	General office costs					686		686	471
	Bad debts								7,241
	Independent Examiner's		fees				2,136	2,136	1,980
	Trustees expenses						102	102
						12,299	2,238	14,537	19,689
	Analysed between
	Fundraising					467	84	551	1,001
	Charitable activities					11,832	2,154	13,986	18,688
						12,299	2,238	14,537	19,689
9	Net movement in funds							2023	2022
									F
	Net movement in funds		is stated	after charging/(crediting)
	Independent examiner's		fees					2,136	1,980
	Depreciation of owned		tangible	fixed assets				1,875	1,875
	Operating lease rent							8,000	8,000
10	Employees
	The average number	offull- time equivalent			employees	was as follows:
								2023	2022
								Number	Number
	Direct charitable work							2.90	2.50
	Total							2.90	2.50

10	Employees			(Continued)
	Employment	costs	2023	2022
			f	f
	Salaries		133,730	84,098
	National Insurance		6,471	1,864
	Pension costs		3,173	2,325
	Redundancy	pay		2,532
			143,375	90,819

11	Tangible fixed assets
				Fixtures,	Computers	Total
				fittings and	equipments	2023
				equipmentsf
	Cost
	At 1 April 2022			21,431	6,842	28,273
	At 31 March 2023			21,431	6,842	28,273
	Depreciation and impairment
	At 1 April 2022			21,103	4,137	25,240
	Depreciation charged	in the year		164	1,711	1,875
	At 31 March 2023			21,267	5,848	27,115
	Carrying amount
	At 31 March 2023			164	994	1,158
	At 31 March 2022			327	2,705	3,032
12	Debtors
					2023	2022
	Amounts falling due	within	one year:		f	f
	Trade debtors				9,775
					9,775

Creditors: amounts falling due within one year
	2023	2022
	6
Taxation and social security	3,058	4,636
Other creditors	823	1,176
Accruals	2,802	1,980
	6,683	7,792

		Movement	in funds			Movement	in funds
		Incoming	Resources	Balance at		Incoming	Resources	Balance at
		resources	expended f	1 April 2022 f		resources	expended f	31 March 2023 f
City Bridge Trust		11,500	(11,500)			33,516	(33,516)
East End Citizens Advice
Bureaux		15,000	(15,000)			15,000	(15,000)
Trust for London		7,000	(7,000)
National Lottery
Community Fund		8,190		8,190			(8,190)
CiHWF Mind (Mental
Health Project)						29,000	(29,000)
City and Shoreditch	PCN					18,000	(18,000)
RBG						500	(500)
L.B.Hackney						6,000	(6,000)
		41,690	(33,500)	8,190		102,016	(110,206)

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds	2023	funds	funds	2022
			f	f	f		f
Fund balances at 31
March 2023 are
represented		by:
Tangible	assets		1,158		1,158	3,032		3,032
Current assets/(liabilities)			55,177		55,177	69,043		69,043
			56,335		56,335	72,075		72,075
Operating		lease commitments
							2023	2022f
Within one		year					8,000	18,000
Between	two and five years						32,000	16,008
							40,000	34,008