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|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|||
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||||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|
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|||||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|
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||||||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|
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||||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|
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|||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|
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|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|
##
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|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||
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|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|
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|||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)||
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||||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|
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