| Page | ||
|---|---|---|
| Trustees' Report |
2 —11 | |
| Independent Examiner's |
Report | 12 |
| Statement ofFinancial | Activities | 13 |
| Balance Sheet | 14 | |
| Cash Flow Statement | 15 | |
| Notes to the Financial Statements | 16-28 |
| Notes | Unrestricted | Restricted | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||||
| Income | |||||||||
| Grants, donations & |
legacies | 98,970 | 11,902 | 110,872 | 37,740 | ||||
| Income from charitable | activities | 140,018 | 408,865 | 548,883 | 509,967 | ||||
| Income from trading actidties | 11,090 | 11,090 | 18,435 | ||||||
| Iniestment income |
290 | 290 | 926 | ||||||
| Total income | 250,368 | 420,767 | 677,735 | 567666 | |||||
| Expenditure | |||||||||
| Cost of raising funds | 11,943 | 11,943 | 16,950 | ||||||
| Expenditure on charitable |
activities | 196,312 | 370,500 | 566,812 | 581,430 | ||||
| Total expenditure | 208,255 | 370,500 | 578,755 | 598,380 | |||||
| Net income/( expenditure) |
and net | ||||||||
| movement in funds |
for | the | year | ||||||
| 42,113 | 50,267 | 92,380 | (31,312) | ||||||
| Reconciliation of funds |
|||||||||
| Total funds, brought |
forward | 160,588 | 101,659 | 262,247 | 293,559 | ||||
| Total funds, carried | forward | 202,701 | 151,926 | 354,627 | 262,247 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 6 | 6 | ||||
| Net cash generated in |
operating activities |
160,051 | (23,242) | ||
| Cash flows from investing activities |
|||||
| Interest income | 290 | 926 | |||
| Purchase oftangible |
fixed assets | (15,031) | (17,966) | ||
| Cash provided by / (used in) investing |
activities | 14,741 | (17,040) | ||
| Increase / (decrease) in |
cash &cash equivalents | in the year | 148310 | ~40282} | |
| Cash &cash equivalents | at the beginning | ofthe | year | 209,211 | 249,493 |
| Total cash &cash equivalents at the end ofthe year |
354,521 | 209,211 |
| 2021 8 |
2020f | ||||||
|---|---|---|---|---|---|---|---|
| Net movement in funds |
92,380 | (31,312) | |||||
| Add back | depreciation | 23,627 | 22,502 | ||||
| Deduct interest income | shown in |
investment | activities | (290) | (926) | ||
| Decrease | / (increase) | in debtors | 27,243 | (10,328) | |||
| Increase | / (decrease) | in creditors | 17,091 | (3,178) | |||
| Net cash | generated | in operating | activities | 160,051 | 23,242) |
| Unrestricted | Restricted | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Funds | Funds | |||||
| 6 | F | 5 | F | |||
| London Borough of |
Haringey | 29,350 | 29,350 | 15,000 | ||
| The Leathersellers' | Company | 15,000 | 15,000 | 15,000 | ||
| National Lottery Community |
Fund | 9,952 | 9,952 | |||
| Laureus Sport for Good |
1,500 | 1,500 | ||||
| Anonymous Donations )85,000 |
32,715 | 32,715 | ||||
| Individual Donations |
18,545 | 18,545 | ||||
| Percy Bilton Charity | 4,644 | |||||
| SirJules Thorne Charitable | Trust | 1,000 | ||||
| Membership fees |
51 | |||||
| Public Voice | 450 | 450 | ||||
| Other donations | 3,360 | 3,360 | 2,045 | |||
| 98,970 | 11,902 | 110,872 | 37,740 |
| INCOME FROM | CHARITABLE | CHARITABLE | CHARITABLE | ACTIVITIES | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Rastncted | 2021 | 2020 | |||||
| Funds | Funds | |||||||
| F | 6 | |||||||
| Servic f children & |
auth | |||||||
| Session Fees | 32,936 | 32,936 | 64,268 | |||||
| Grants and contracts: | ||||||||
| London Borough |
of Haringey | 5,940 | 5,940 | 5,800 | ||||
| HMRC - Job retention scheme grant |
43,988 | 43,988 | 3,703 | |||||
| BBCChildren In |
Need | 22,025 | 22,025 | 20,297 | ||||
| Tottenham Grammar School |
Foundation | 16,886 | 16,886 | 16,623 | ||||
| Mayods Fund for |
London | 3,760 | 3,760 | 1,500 | ||||
| Jack Petchey Foundation |
750 | 750 | 750 | |||||
| Haringey Autism |
3,500 | |||||||
| UK Youth | 2,167 | |||||||
| Other donations | 250 | |||||||
| Other income | 5,329 | |||||||
| 32,936 | 93,349 | 126,285 | 124,187 | |||||
| ~Ad 11 |
||||||||
| Session Fees | 75,357 | 75,357 | 104,580 | |||||
| Grants and contracts: | ||||||||
| LuiwJon Borough |
of Haringey | 1,000 | 1,000 | 5,850 | ||||
| HMRC —Job retention scheme, grant |
27,203 | 27,203 | 3,702 | |||||
| Bloomfield Trust |
15,500 | 15,500 | 15,500 | |||||
| Laureus Sport for Good |
1,179 | 1,179 | 1,769 | |||||
| 76357 | 43882 | 120236 | 131,401 | |||||
| Trainin &user |
artici | ation | ||||||
| Grants and contracts: | ||||||||
| London Borough |
of Haringey | 2,000 | ||||||
| Bridge Renewal | Trust | 7,671 | ||||||
| Jack Petchey Foundation |
1,000 | 1,000 | 1,500 | |||||
| London Play |
2,484 | 2,484 | ||||||
| St James's Place Foundation | 9,702 | |||||||
| Training fees | 200 | 200 | 105 | |||||
| 2,684 | 1,000 | 3,684 | 20,978 | |||||
| Fam ort |
services | |||||||
| Grants and contracts: | ||||||||
| London Borough |
of Haringey | -SENDIASS | 94,997 | 94,997 | 96,213 | |||
| HMRC - Job retention scheme |
grant | 17,658 | 17,658 | |||||
| National Lottery |
Community | Fund | 83,986 | 83,986 | 78,271 | |||
| Henry Smith Family Support |
29,100 | 29,100 | ||||||
| Council for Disabled Children |
27,882 | 27,882 | 45,900 | |||||
| Comic Relief | 22,024 | 22,024 | ||||||
| BBCChildren In |
Need | 16,799 | 16,799 | 9,995 | ||||
| Baily Thomas Charitable |
Fund | 5,000 | 5,000 | |||||
| Laureus Sport for Good |
820 | 820 | 1,230 | |||||
| London Borough |
of Haringey | —Parents' | ||||||
| Eu"nt | 250 | 250 | ||||||
| Other donations | 159 | 159 | 1,792 | |||||
| 28,041 | 270,634 | 298,675 | 233,401 | |||||
| Total income from charitable | activities | 140,018 | 408,865 | 548,883 | 509,967 |
| Unrestricted | Restricted | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Funds | Funds | ||||
| 5 | 5 | 5 | |||
| Premises | hire | 11,090 | 11,090 | 11,677 | |
| Other income | 6,758 | ||||
| 11,090 | 11,090 | 18,435 |
| Unrestricted | Restricted | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Fundsf | Funds F |
F | 5 | |||
| Cash | deposit | lnleresl | 290 | 290 | 926 | |
| 290 | 290 | 926 |
| ANALYSIS OF EXPEN | DI | T | UR | E | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Raising | Services Adult |
Training | & | Family | 2021 | 2020 | ||||||||||||
| Funds | for services |
user | Support | |||||||||||||||
| children & Project |
participatlo | Services | ||||||||||||||||
| youth | n | |||||||||||||||||
| f | f | f | f | f. | ||||||||||||||
| Staff costs (Note 9) | 4,157 | 81,200 | 74,393 | 4,658 | 162,584 | 326,992 | 346,646 | |||||||||||
| Staff training, recruitment |
and | |||||||||||||||||
| travel (including volunteers) |
1,721 | 714 | 6,151 | 8,586 | 9,509 | |||||||||||||
| Motor expenses | 1,897 | 3,588 | 54 | 3,777 | 9,370 | 20,459 | ||||||||||||
| Direct project costs | 1,646 | 2,516 | 1,012 | 8,776 | 13,950 | 16,290 | ||||||||||||
| Website and marketing costs |
1,623 | |||||||||||||||||
| Fundraising costs |
5,600 | 1,000 | 6,600 | 10,804 | ||||||||||||||
| Support costs (Note 7) |
2,042 | 38,813 | 34,727 | 2,043 | 126,653 | 204,278 | 183,994 | |||||||||||
| Governance costs (Note 7) |
90 | 1,706 | 1,526 | 90 | 5,567 | 8,979 | 9,055 | |||||||||||
| 11,943 | 126,983 117,464 |
8,857 | 313,508 | 578,755 | 598,380 | |||||||||||||
| Of the f578,755 expenditure in 2021 (2020 —f598,380), f208,255 was (2020 - f270,120)and f370,500 to restricted funds (2020 - f328,260). |
charged to unrestricted funds |
|||||||||||||||||
| ANALYSIS OF SUPPORT | AND GOVERNANCE COSTS | |||||||||||||||||
| The Charity initially identifies |
the costs | of its | support functions. | It | then identifies those costs which | relate to | ||||||||||||
| the governance function. |
Governance | costs | and other support | costs are | apportioned separately |
between | ||||||||||||
| Charity's five key activities |
undertaken | (see | note 6) in the year, | All the | general | support | and governance | |||||||||||
| costs are allocated to activities |
at | different | percentages, | based | on staff | time and the number | of service | |||||||||||
| delivery hours attributable |
to each activity. | |||||||||||||||||
| General | Governance | 2021 | 2020 | |||||||||||||||
| Support | Costs | |||||||||||||||||
| F | f | f | f | |||||||||||||||
| Director and office staff | costs | 88,909 | 4,15e | 93,067 | 99,885 | |||||||||||||
| Staff training, recruitment |
and | travel | 4,397 | 4,397 | 2,657 | |||||||||||||
| Premises costs | 61,327 | 61,327 | 37,173 | |||||||||||||||
| Communication costs |
15,583 | 15,583 | 13,479 | |||||||||||||||
| Information technology |
e,066 | 8,066 | 6,369 | |||||||||||||||
| Depreciation | 23,627 | 23,627 | 22,502 | |||||||||||||||
| Legal and professional | costs | 1,000 | 1,000 | 5,837 | ||||||||||||||
| Sundry costs | 1,369 | 1,369 | 306 | |||||||||||||||
| Trustees expenses | 21 | 21 | 40 | |||||||||||||||
| Independent examination |
fees | 4 800 | 4 800 | 4,800 | ||||||||||||||
| 204,278 | 8,979 | 213,257 | 193,048 |
| NET INCOM | E/(E | XPENDI | TURE) FOR THE YEAR |
||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | 8 | ||||
| Net movement | in funds | is shown after charging: | |||
| Independent | examination | fees | 4,800 | 4,800 | |
| Operating lease |
rentals | 1,923 | 1,923 | ||
| Depreciation | on | tangible | fixed assets | 23,627 | 22,502 |
| Staff cos | ts | are as follows: | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| STAFF | COSTS | 8 | 6 | |
| Salaries | 387,253 | 405,352 | ||
| Temporary | staff | 205 | 4,154 | |
| National | Insurance | 23,052 | 27,894 | |
| Pension | 9,549 | 9,131 | ||
| 420,050 | 446,531 |
| 2021 | 2020 | ||
|---|---|---|---|
| Service delivery | 11.50 | 12.50 | |
| Management | &Administration | 2.00 | 2.00 |
| 13.50 | 14.50 |
| TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Net book value: | 6 | 6 | |||
| Playground Equipment |
13,613 | 4,667 | |||
| Leasehold Improvement |
|||||
| Motor Vehicle | 14,829 | 27,981 | |||
| Office & other equipment | 8,000 | 12,390 | |||
| 36,442 | 45,038 | ||||
| Movements in the period: |
|||||
| Cost: | Opening | Closing | |||
| Balances | Additions | Disposals | Balances | ||
| f | 6 | 6 | |||
| Playground Equipment |
101,532 | 14,371 | 115,903 | ||
| Leasehold Improvement |
516,135 | 516,135 | |||
| Motor Vehicle | 65,762 | 65,762 | |||
| Office 8 other equipment | 46,043 | 660 | 4,822 | 41,881 | |
| 729,472 | 15,031 | 4,822 | 739,681 | ||
| Depreciation: | Opening | Charge | Closing | ||
| Balances | For Period | Disposals | Balances | ||
| 6 | 6 | 6 | |||
| Playground Equipment |
96,865 | 5,425 | 102,290 | ||
| Leasehold improvement |
516,135 | 516,135 | |||
| Motor Vehicle | 37,781 | 13,152 | 50,933 | ||
| Office & other equipment | 33,653 | 5,050 | 4,822 | 33,881 | |
| 684,434 | 23,627 | 4,822 | 703,239 | ||
| 12. | DEBTORS | ||||
| 2021 | 2020 | ||||
| 6 | |||||
| Trade Debtors | 7,008 | 32,602 | |||
| Other Debtors | 908 | ||||
| Prepayments | 2,263 | 4,820 | |||
| 10,179 | 37,422 | ||||
| 13. | CREDITORS: amounts | falling due within one year | |||
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Trade Creditors | 4,355 | 6,080 | |||
| Taxation and social security | 14,061 | 5,693 | |||
| Other Creditors | 10,532 | 3,043 | |||
| Accruals | 17,382 | 14,608 | |||
| Deferred income (Note | 16) | 185 | |||
| 46,515 | 29,424 |
| MOVEMENT IN F |
UNDS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | Income | Expenditure | Transfers | Balance at | |||||
| 01.04.2020 | 31.03.2021 | ||||||||
| Restricted funds: |
|||||||||
| Services for children | & youth | 7,708 | 93,349 | 80,108 | 20,949 | ||||
| Adult services | 19,389 | 43,882 | 37,438 | 25,833 | |||||
| Training & user participation |
10,063 | 1,000 | 6,128 | 4,935 | |||||
| Family support services |
23,483 | 270,634 | 209,065 | 85,052 | |||||
| National Lotte6 Community |
Fund | 9,952 | 9,952 | ||||||
| Laureus Sport for Good |
1,500 | 1,500 | |||||||
| Public Voice | 450 | 450 | |||||||
| L Bof Haringey - Building |
improvements | 14,535 | 13,060 | 1,475 | |||||
| Percy Bilton Charity | - Sensory | equipment | 2,655 | 885 | 1,770 | ||||
| Motor Vehicle | 23,826 | 11,914 | 11,912 | ||||||
| Total restricted funds |
101,659 | 420,767 | 370,500 | 151,926 | |||||
| Designated funds: |
|||||||||
| Organisational development |
fund | 2,104 | 2,104 | ||||||
| Maternity and sick |
leam fund | 8,000 | 7,000 | 15,000 | |||||
| 'I0,104 | 7,000 | 17,104 | |||||||
| General funds: | 150,484 | 250,368 | 208,255 | (7,000) | 185,597 | ||||
| Total Unrestricted | funds | 160,588 | 250,368 | 208,255 | 202,701 | ||||
| Total funds | 262,247 | 671,135 | 578,755 | 354,627 | |||||
| Movement in funds —previous year |
|||||||||
| Balance at | Income | Expenditure | Transfers | Balance at | |||||
| 01.04.2019 | 31.03.2020 | ||||||||
| 6 | f | ||||||||
| Restricted funds: |
|||||||||
| Services for children | & youth | 'I6,062 | 54,590 | 62,944 | 7,708 | ||||
| Adult services | 26,821 | 7,432 | 19,389 | ||||||
| Training 8 user participation |
1,000 | 13,202 | 4,139 | 10,063 | |||||
| Family support sentces | 52,803 | 187,501 | 216,821 | 23,483 | |||||
| National Lottery - Building |
capabilities | 15,000 | 15,000 | ||||||
| Screwfix Foundation | —Building | repair | 4,980 | 4,980 | |||||
| L Bof Haringey - Building |
improvements | 15,000 | 465 | 14,535 | |||||
| Percy Bilton Charity | —Sensory | equipment | 4,644 | 1,989 | 2,655 | ||||
| Playground fund |
2,576 | 2,576 | |||||||
| Motor Vehicle | 35,740 | 11,914 | 23,826 | ||||||
| 128,161 | 301,758 | 328,260 | 101,659 | ||||||
| Designated funds: |
|||||||||
| Organisational development |
fund | 2,104 | 2,104 | ||||||
| Maternity and sick leam fund |
13,000 | 5,000 | 8,000 | ||||||
| 15,104 | 5,000 | 10,104 | |||||||
| General funds: | 150,294 | 265,310 | 265,120 | 150,484 | |||||
| Total unrestricted | funds | 165,398 | 265,310 | 270,120 | 160,588 | ||||
| Total funds | 293,559 | 567,068 | 598,380 | 262,247 |
| ANALYS | IS OF FU | ND BAL | ANCES B | ETW | EEN NET ASSET | S | ||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | |||||
| Funds | Funds | Funds | ||||||
| f | 6 | 6 | ||||||
| Tangible | fixed assets | 21,285 | 15,157 | 36,442 | ||||
| Nei Gun | crit assets | 164,312 | 1/,104 | 136,769 | 318,185 | |||
| 185,597 | 17,104 | 151,926 | 354,627 | |||||
| Analysis | offund | balances | between | net | assets —previous | year | ||
| General | Designated | Restricted | Total | |||||
| Funds | Funds | Funds | ||||||
| F | 6 | |||||||
| Tangible | fixed assets | 13,022 | 32,016 | 45,038 | ||||
| Net Current assets | 137,462 | 10,104 | 69,643 | 217,209 | ||||
| 150,484 | 10,104 | 101,659 | 262,247 | |||||
| DEFERR | ED INCOME | |||||||
| 2021 | 2020 | |||||||
| 6 | 6 | |||||||
| Balance | as at 1st | April | ||||||
| Amount | released | to income | in the year | |||||
| Amount | deferred | in the year | 185 | |||||
| Balance | as at 31st March | 185 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Within one | year. | f | 6 | ||
| Telephone | rental | 20,573 | 4,231 | ||
| 20,573 | 4,231 | ||||
| Two to five | years: | ||||
| Telephone | rental | 43,807 | 8,460 | ||
| 43,807 | 8,460 | ||||
| Total Obligations | under operating | leases | 64,380 | 12,691 |