| Page | ||
|---|---|---|
| Trustees' Report |
2 —10 | |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | 12 |
| Balance Sheet | 13 | |
| Cash Flow Statement | 14 | |
| Notes to the Financial Statements | 15—28 |
| Registered | office & | ||||||
|---|---|---|---|---|---|---|---|
| operational | address: | Markfield Road, London N15 4RB |
|||||
| Directors | and Trustees: | Claire Bendall (Chair) | |||||
| Dee Kushlick-Williams (Chair Up |
to 04/07/2022) | ||||||
| Warren Hoskins (Treasurer) |
|||||||
| Clare Croft-White | |||||||
| John Larkin —Resigned on 09/10/2021 |
|||||||
| Melian Mansfield | |||||||
| Michelle Simmons-Safo | |||||||
| Natalie Sutherland —Appointed on 17/02/2022 |
|||||||
| London Borough of | Haringey | representatives: | |||||
| The following | people | served as | representatives from the London |
Borough of Harlngey, without voting |
rights; | ||
| Councillor Felicia Opoku |
|||||||
| Councillor Barbara Blake | |||||||
| Company | Secretary: | Keith Fair | |||||
| Senior Management | Team: | Sarah Miller- Chief Executive Officer —Up to December 2021 Sllvia Hurtado —Chief Executive Officer —From January 2022 |
|||||
| Jamie Seaden —Play &Youth Services Manager —Up to November | 2021 | ||||||
| Robin Walton —Play 8 Youth Services Manager —From January 2022 | |||||||
| Roz Corrigan —Adults Services | Manager | ||||||
| Keith Fair —Operations Manager |
|||||||
| Marnie Haslam —Interim Family |
Support Manager | ||||||
| Bankers: | The Co-operative Bank Pic, P.O. Box250, Delf House, Skelmersdale |
WN8 6WT | |||||
| COLA Investment Management |
Ltd, 80 Cheapside, | London EC2V 6DZ | |||||
| Independent | Examiner: | Samir Shah —Chartered Accountant |
|||||
| Ramon Lee Ltd, 93Tabernacle | Street, London EC2A 4BA |
| Notes | Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||||
| f | 6 | f | |||||||
| Income | |||||||||
| Grants, donations and |
legacies | 2 | 21,967 | 18,970 | 40,937 | 110,872 | |||
| Income from charitable | activities | 3 | 288,579 | 245,847 | 534,426 | 548,883 | |||
| Income from trading | activities | 4 | 20,966 | 20,966 | 11,090 | ||||
| Investment income |
5 | 79 | 79 | 290 | |||||
| Total income | 331,591 | 264,817 | 596,408 | 671,135 | |||||
| Expenditure | |||||||||
| Cost of raising funds | 6 | 11,909 | 11909 | 11943 | |||||
| Expenditure on charitable |
aclivities | 6 | 283,088 | 348,612 | 631,700 | 566,812 | |||
| Total expenditure | 294,997 | 348,612 | 643,609 | 578,755 | |||||
| Net income/(expenditure) | and net | ||||||||
| movement in funds |
for | the | year | 36,594 | (83,795) | (47,201) | 92,380 | ||
| Reconciliation offunds | |||||||||
| Total funds, brought |
forward | 202,701 | 151,926 | 354,627 | 262,247 | ||||
| Total funds, carried | forward | 239,296 | 63 131 | 362,426 | 354,627 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Net cash flow from I(used in) operating | activities | ~78.151 | 160,051 |
| Cash flows from investing activities |
|||
| Interest income Purchase of tangible fixed assets Cash provided by investing activities |
79 ~9.296 ~9,217 |
290 ~75,037 ~14,741 |
|
| (Decrease) / increase in cash & cash equivalents in the year |
~87,M8 | 145.3111 | |
| Cash &cash equivalents at the beginning |
ofthe year | 354,521 | 209,211 |
| Total cash &cash equivalents at the end ofthe year |
267,153 | 354,521 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| E | ||||||
| Net movement in funds |
(47,201) | 92,380 | ||||
| Add back | depreciation | 24,497 | 23,627 | |||
| Deduct interest income | shown | in investment | activities | (79) | (290) | |
| Decrease | / (increase) | in debtors | (35,497) | 27,243 | ||
| Increase | / (decrease) | in creditors | (19,871) | 17,091 | ||
| Net cash | flow from/ | (used | in) operating | activities | ~76,751 | 160,051 |
| GRANTS, DONATIONS | AND | LEGACIES | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2022 | 2021 | |||
| London Borough of Haringey | 7,178 | 7,178 | 29,350 | |||
| Green Hall Foundation |
3,000 | 3,000 | ||||
| Mayor's fund for london | 7,500 | 7,500 | ||||
| Screwfix | 8,470 | 8,470 | ||||
| Michael Davies Charitable | Settlement- | |||||
| Park Studios Fund | 10,000 | 10,000 | ||||
| The Leathersellers' Company |
15,000 | |||||
| National Lottery Community |
Fund | 9,952 | ||||
| Laureus Sport for Good | 1,500 | |||||
| Anonymous Individual Donations |
&25,000 | 32,715 | ||||
| Individual Donations |
935 | 935 | 18,545 | |||
| HMRC - Job retention scheme grant |
863 | 863 | ||||
| Public Voice | 450 | |||||
| Other donations | 2,991 | 2,991 | 3,360 | |||
| 21,967 | 18B70 | 40,937 | 110,872 |
| INCOIIE | FROM CHARI | T | A | B | LE AC | TIVITIES | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||||
| Funds | Funds | 2022 | 2021 | |||||||||
| Services for children/Youth | ||||||||||||
| Session | Fees | 69,686 | 69,686 | 32,936 | ||||||||
| Grants | and contracts: | |||||||||||
| London | Borough of Haringey | 9,999 | 9,999 | 5,940 | ||||||||
| HMRC - | Job retention scheme |
grant | 43,988 | |||||||||
| BBCChildren ln Need |
29,953 | 29,953 | 22,025 | |||||||||
| Charles | S French | 4,589 | 4,589 | |||||||||
| Tottenham Grammar School |
Foundation | 17,141 | 17,141 | 16,886 | ||||||||
| Mayor's | Fund for London | 1,600 | 1,600 | 3,760 | ||||||||
| Jack Petchey Foundation |
750 | |||||||||||
| 81,285 | 51,683 | 132,968 | 126,285 | |||||||||
| Adult services | ||||||||||||
| Session | Fees | 89,591 | 89,591 | 75,357 | ||||||||
| Grants | and contracts: | |||||||||||
| London | Borough of Haringey | 1,000 | ||||||||||
| HMRC - | Job retention scheme |
grant | 1,619 | 1,619 | 27,203 | |||||||
| Bk7omflekl Trust | 15,500 | |||||||||||
| Laureus | Sport for Good | 2,000 | 2,000 | 1 777 | ||||||||
| 91,210 | 2,000 | 93,210 | 120,239 | |||||||||
| Trainin | &user artici |
ation | ||||||||||
| Grants | and contracts: | |||||||||||
| Haringey | Council (SENDIASS contract) | 3,000 | 3,000 | |||||||||
| Jack Petchey Foundation |
1,700 | 1,700 | 1,000 | |||||||||
| London | Play Resources | 200 | 200 | 2,484 | ||||||||
| Training | fees | 200 | ||||||||||
| 3,000 | 1,900 | 4,900 | ||||||||||
| Famil su ort services |
||||||||||||
| Grants | and contracts: | |||||||||||
| Haringey | Council (SENDIASS contract) | 96,183 | 96,183 | 94,997 | ||||||||
| Haringey | Council (Prevent | Team) | 5,672 | 5,672 | ||||||||
| HMRC - | Job retention scheme |
grant | 17,658 | |||||||||
| National | Lottery Community |
Fund | 43,052 | 43,052 | 83,986 | |||||||
| 'The Charity for Richard Whittington |
20,993 | 20,993 | ||||||||||
| The Henry Smith Charity |
58,567 | 58,567 | 29,100 | |||||||||
| Council | for Disabled Chiklren |
10,000 | 10,000 | 27,882 | ||||||||
| Comic Relief | 41,474 | 41,474 | 22,024 | |||||||||
| BBCChildren In Need |
25,928 | 25,928 | 16,799 | |||||||||
| Tottenham Youth Fund |
250 | 250 | ||||||||||
| Bally Thomas Charitable | Fund | 5,000 | ||||||||||
| Laureus | Sport for Good | 820 | ||||||||||
| London | Borough of Haringey | - Picnic | 250 | |||||||||
| Other donations | 1,204 | 1,204 | 159 | |||||||||
| Membership fees |
25 | 25 | ||||||||||
| 113,084 | 190,264 | 303,348 | 298,675 | |||||||||
| 288,579 | 245,847 | 534,426 | 548,883 | |||||||||
| Income | from charitable |
activities | in 2021 | totalling | f548,883 was attributed |
to unrestricted | funds | of | ||||
| 6140,018and restricted | funds ofF408,865. |
| NCOME | FROM OTHER TRA | DING ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2022 | 2021 | ||
| f | E | E | |||
| Prenises | hire | 20,966 | 20,966 | 11,090 | |
| 20,966 | 20 9E6 | 11,090 |
| NVES | TMENT | INCOME | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | 2022 | 2021 | |||
| F | F | |||||
| Cash | deposit | interest | 79 | 79 | 290 | |
| 79 | 290 |
| ANALYSIS OF SUPPORT AND GOVERNAN | ANALYSIS OF SUPPORT AND GOVERNAN | ANALYSIS OF SUPPORT AND GOVERNAN | ANALYSIS OF SUPPORT AND GOVERNAN | ANALYSIS OF SUPPORT AND GOVERNAN | ANALYSIS OF SUPPORT AND GOVERNAN | CE COSTS | CE COSTS | CE COSTS | CE COSTS | CE COSTS | CE COSTS | CE COSTS | CE COSTS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The Charity initially Identifies the costs of its the governance function. Governance costs Charity's five key activities undertaken (see costs are allocated to activities at different |
support functions. It then identifies those costs which relate to and other support costs are apportioned separately between note 6) in the year. All the general support and governance percentages, based on staff time and the number of service |
||||||||||||
| delivery hours attributable |
to | each activity. | |||||||||||
| General | Governance | Total | Total | ||||||||||
| Support | Costs | 2022 | 2021 | ||||||||||
| Costs | |||||||||||||
| E | 6 | ||||||||||||
| Director and office staff | costs | 100,268 | 3,874 | 104,142 | 93,067 | ||||||||
| Staff training, recruitment |
and | travel | 3,730 | 3,730 | 4,397 | ||||||||
| Premises costs | 38,583 | 38,563 | 61,327 | ||||||||||
| Communication costs |
16,535 | 16,535 | 15,583 | ||||||||||
| Information technology |
8,127 | 8,127 | 8,066 | ||||||||||
| Motor expenses | 8,990 | 8,990 | |||||||||||
| Depreciation | 24,497 | 24,497 | 23,627 | ||||||||||
| Legal and professional | costs | 1,535 | 1,000 | 2,535 | 1,000 | ||||||||
| Sundry costs | 782 | 782 | 1,369 | ||||||||||
| Trustees expenses | 67 | 67 | 21 | ||||||||||
| Independent examiner's |
fees | 5,160 | 5,160 | 4,800 | |||||||||
| 203,027 | 10,101 | 213,128 | 213,257 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Net movement | In funds | is shown after charging: | ||
| Independent examiner's |
fees | 5,160 | 4,800 | |
| Operating hase |
rentals | 1,776 | 1,923 | |
| Depreciation on |
tangible | fixed assets | 24,497 | 23,627 |
| Staff cos | ts | are as follows: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | E | |||
| STAFF | COSTS | |||
| Salaries | 448,327 | 387,253 | ||
| Temporary | staff | 1,093 | 205 | |
| National | Insurance | 28,582 | 23,052 | |
| Pension | 10,435 | 9,549 | ||
| 488,437 | 420 050 |
| 2022 | 2021 | ||
|---|---|---|---|
| Service delivery | 12.8 | 11.5 | |
| Management | &Administration | 2.1 | 2.0 |
| 14.9 | 13.5 |
| ANGIBLE | FIXEDASSETS | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Net book value: | F | K | |||
| Playground | Equipment | 16,613 | 13,613 | ||
| Leasehold | Improvement | ||||
| Motor Vehicle | 1,678 | 14,829 | |||
| ONce &other equipment | 2,950 | 8,000 | |||
| 21,241 | 36,442 | ||||
| Movements | in the period: | ||||
| Cost: | Opening | Closing | |||
| Balances | Additions | Disposals | Balances | ||
| f | 6 | E | |||
| Playground | Equipment | 115,903 | 9,296 | 125,199 | |
| Leasehold | Improvement | 516,135 | 516,'I35 | ||
| Motor Vehicle | 65,762 | 65,762 | |||
| Office &other equipment | 41,881 | 41,881 | |||
| 739,681 | 9,296 | 748,977 | |||
| Depreciation: | Opening | Charge | Closing | ||
| Balances | For Period | Disposals | Balances | ||
| E | f | E | |||
| Playground | Equipment | 102,290 | 6,296 | 108,586 | |
| Leasehold | Improvement | 516,135 | 516,135 | ||
| Motor Vehicle | 50,933 | 13,151 | 64,084 | ||
| Office &other equipment | 33,881 | 5,050 | 38,931 | ||
| 743 23~ | 24,4ll7 | 727,736 |
| DEBTORS | ||
|---|---|---|
| 2022 | 2021 | |
| E | F | |
| Trade Debtors | 40,657 | 7,008 |
| Other Debtors | 1,331 | 908 |
| Prepayments | 3,688 | 2,263 |
| 45,676 | 10,179 |
| CREDIT | ORS: amounts falling due within one year |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f | f | ||
| Trade Creditors | 4,145 | 4,355 | |
| Taxation | and social security | 1,229 | 14,061 |
| Other Creditors | 1,291 | 10,532 | |
| Accruals | 17,734 | 17,382 | |
| Deferred | income (Note 16) | 2,245 | 185 |
| 26,644 | 46,515 |
| MOVEMENT IN FUNDS |
|||||||
|---|---|---|---|---|---|---|---|
| Balance at | Income | Expenditure | Transfers | Balance at | |||
| 01.04.2021 | 31.03.2022 | ||||||
| Restricted funds: | |||||||
| Services for children 8 youth |
20,949 | 51,683 | 53,241 | 19,391 | |||
| Adult services | 25,833 | 2,000 | 27,833 | ||||
| Training & user participation |
4,935 | 1,900 | 5,635 | 1,200 | |||
| Family support services | 85,052 | 190,264 | 237,868 | 37,448 | |||
| Green Hall Foundation |
3,000 | 3,000 | |||||
| Mayor's fund for london |
7,500 | 7,500 | |||||
| Screwfix | 8,470 | 8,470 | |||||
| L6 of Haringey - Building | improvements | 1,475 | 738 | 737 | |||
| Percy Bilton Chariiy - Sensory equipment | 1,770 | 885 | 885 | ||||
| Motor Vehicle | 11,912 | 11,912 | |||||
| Total restricted funds |
151,926 | 264,817 | 348,612 | 68,131 | |||
| Designated funds: |
|||||||
| Organisational development |
fund | 2,104 | 2,104 | ||||
| Maternity and sick leave fund |
15,000 | 15,000 | |||||
| 17,104 | 17,104 | ||||||
| General funds: | 185,597 | 331,591 | 294,997 | - | 222,191 | ||
| Total Unrestricted funds |
202,701 | 331,591 | 294,997 | 239,295 | |||
| Total funds | 354,627 | 596,408 | 643,609 | 307,426 |
| General | Designated | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |||||
| 8 | 8 | |||||||
| Tangible | fixed assets | 19,619 | 1,622 | 21,241 | ||||
| Net current assets | 202,572 | 17,104 | 66,509 | 286,185 | ||||
| 222, 121 | 77 722 | 68,131 | 307,426 | |||||
| Analysis | of fund | balances | between | net assets —previous | year | |||
| General | Designated | Restricted | Total | |||||
| Funds | Funds | Funds | 2021 | |||||
| K | ||||||||
| Tangible | fixed assets | 21,285 | 15,157 | 36,442 | ||||
| Net current assets | 164,312 | 17,104 | 136,769 | 318,185 | ||||
| 185,597 | 17,104 | 151,926 | 354,627 | |||||
| DEFERRED INCOME | ||||||||
| 2022 | 2021 | |||||||
| 8 | ||||||||
| Balance | as at April | 1 | 185 | |||||
| Amount | released | to | income | in the year | (185) | |||
| Amount | deferred | in | the year | 2,245 | 185 | |||
| Balance | as at March 31 | 2,245 | 185 |
| 2022 | 202'I | ||||
|---|---|---|---|---|---|
| Telephone | rental | E | 8 | ||
| Within one | year | 20,573 | 20,573 | ||
| Two to five | years | 23,234 | 43,807 | ||
| Total Obligations | under operating | leases | 43,807 | 64,380 |