##
##
|||Page||
|---|---|---|---|
|Reference and administrative
details||||
|Report ofthe trustees|2|to|5|
|Report ofthe independent
auditors|6|to|8|
|Statement offinancial activities||||
|Balance sheet|10|to|11|
|Cash flow statement||12||
|Notes to the cash flow statement||13||
|Notes to the flinancial statements|14|to|21|
|Detailed statement offinancial activities|22|to|23|
|TRUSTEES|Ms M BGrayson|
|---|---|
||Ms RHerdman-Smith|
||Ms K loannou|
||Mrs A M Mason|
||Ms SMather|
||Ms SEScott|
||DA Wood|
||JC Cowley|
|COMPANY SECRETARY|Ms M BGrayson|
|REGISTERED OFFICE|2 Prince OfWales Road|
||London|
||NW5 3LQ|
##
##
|Berringers|LLP|
|---|---|
|Chartered|Accountants|
|and Statutory Auditors||
|Lygon House||
|50 London|Road|
|Bromley||
|Kent||
|BR13RA||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||449||449||
|Charitable
activities|||||||
|Legal advice|||274,433|296,786|571,219|516,276|
|Total|||274,882|296,786|571,668|516,358|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Legal advice|||99598|247,066|256,664|256,850|
|Supportcosts|||11,860|101,219|113,079|136,798|
|Other|||8,960||8,960|13,459|
|Total|||30,418|348,285|378,703|407,107|
|NET INCOME/(EXPENDITURE)|||244,464|(51,499)|192,965|109,25 l|
|RECONCILIATION|OFFUNDS||||||
|Total funds brought forward|||266,487|51,499|317,986|208,735|
|TOTAL FUNDS CARRIED FORWARD|||510,951||510,951|317,986|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|10|8,119||8,119|3,269|
|CURRENT ASSETS||||||
|Work in progress|11|84,720||84,720|91,594|
|Debtors|12|56,450||56,450|76,419|
|Cash at bank||420,923||420,923|200,837|
|||562,093||562,093|368,850|
|CREDITORS||||||
|Amounts
falling due within one year|13|(59,261)||(59,261)|(54,133)|
|NET CURRENT ASSETS||502,832||502,832|314,717|
|TOTAL ASSETSLESSCURRENT LIABILITIES||510,951||510,951|317,986|
|NET ASSETS||510,951||510,951|317,986|
|FUNDS|14|||||
|Unrestricted
funds||||510,951|266,487|
|Restricted funds|||||51,499|
|TOTAL FUNDS||||510,951|317,986|
##
##
##
|||||CASH FLOW STATEMENT||
|---|---|---|---|---|---|
|||||for the year ended 31March 2021||
|||||2021|2020|
|||||Notes||
|Cash flows from operating||activities||||
|Cash generated
&om operations||||228,006|26,236|
|Net cash provided
by operating
activities||||228,006|26,236|
|Cash flows from investing||activities||||
|Purchase oftangible fixed|assets|||(7,920)|(4,360)|
|Net cash used in investing|activities|||(7,920)|(4,360)|
|Change
in cash and cash|equivalents||in the|||
|reporting
period||||220,086|21,876|
|Cash and cash equivalents||at the beginning||of||
|the reporting
period||||200,837|178,961|
|Cash and cash equivalents||at the end|ofthe|||
|reporting
period||||420,923|200,837|
##
##
##
|RECONCILIATIO|N
OF NE|T INCOME TO NET CASH FLOW FROM OPE|RATING ACTIVITIE|S|
|---|---|---|---|---|
||||2021|2020|
|Net income for the|reporting|period (as per the Statement offinancial|||
|activities)|||192,965|109,251|
|Adjustments
for:|||||
|Depreciation
charges|||3,070|2,714|
|Decrease/(increase)|in work in|progress|6,874|(20,610)|
|Decrease/(increase)|in debtors||19,969|(45,936)|
|Increase/(decrease)|in creditors||5,128|(19,183)|
|Net cash provided|by operations||228,006|26,236|
##
##
||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|
|Net cash||||
|Cash at bank|200,837|220,086|420,923|
||200,837|220,086|420,923|
|Total|200,837|220,086|420,923|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|Donations|||||||449|82|
|INCOME|FROM CHARITABLE ACTIVITIES||||||||
||||||||2021|2020|
||||||Activity||||
|Grants|||||Legal advice||311,786|200,615|
|Legal advice|||||Legal advice||106,283|144,011|
|Other generated||income|||Legal advice||3,200|21,700|
|Service Level Contracts|||||Legal advice||149,950|149,950|
||||||||571,219|516,276|
|Grants received,||included||in the|above, are as follows:||||
||||||||2021|2020|
|Big Lottery|Fund|||||||24,978|
|Trust for London|||||||40,000|20,000|
|London Borough||of|Camden|||||39,638|
|Hampstead|Campden||Wells|||||10,000|
|AB Charitable
Trust|||||||15,000|20,000|
|City Bridge|Trust||||||56,825|34,500|
|The National|Lottery||Community||Fund||124,961|51,499|
|Law Centres|Federation||||||75,000||
||||||||311,786|200,615|
|CHARITABLE||ACTIVITIES|||COSTS||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 5)|Totals|
|Legal advice||||||256,664||256,664|
|Support costs||||||1,575|111,504|113,079|
|||||||258,239|111,504|369,743|
##
##
|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
|||Other|costs|Totals|
|Other resources
expended||4,460|4,500|8,960|
|Support costs||110,504|1,000|111,504|
|||114,964|5,500|120,464|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)|is stated after charging/(crediting):||||
||||2021|2020|
|Auditors'
remuneration|||5,500||
|Depreciation
- owned assets|||3,070|2,714|
##
##
##
|Trustees'
expenses||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Trustees' expenses|||||550|
|STAFF COSTS||||||
|||||2021|2020|
|Wages and salaries||||221,971|216,991|
|Social security costs||||16,410|16,330|
|Other pension costs||||8,685|8,754|
|||||247,066|242,075|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||2021|2020|
|Charitable||||8|9|
|Administration||||1|1|
||||||10|
##
||NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31March 2021|NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31March 2021|||
|---|---|---|---|---|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIUITIES||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies||82||82|
|Charitable
activities|||||
|Legal advice||335,661|180,615|516,276|
|Total||335,743|180,615|516,358|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Legal advice||167,372|89,478|256,850|
|Support costs||97,160|39,638|136,798|
|Other||13,459||13,459|
|Total||277,991|129,116|407,107|
|NET INCOME||57,752|51,499|109,251|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward|208,735||208,735|
|TOTAL FUNDS CARRIED FORWARD||266,487|51,499|317,986|
##
##
##
|10.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
|||Fixtures|||
|||and|Computer||
|||fittings|equipment|Totals|
||COST||||
||At
1 April 2020|11,529|17,470|28,999|
||Additions||7,920|7,920|
||At 31 March 2021|11,529|25,390|36,919|
||DEPRECIATION||||
||At
1 April 2020|11,529|14,201|25,730|
||Charge for year||3,070|3,070|
||At 31 March 2021|11,529|17,271|28,800|
||NET BOOK VALUE||||
||At 31 March 2021||8,119|8,119|
||At 31 March 2020||3,269|3,269|
|11.|WORK IN PROGRESS||||
||||2021|2020|
||Work in progress||84,720|91,594|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2021|2020|
||Trade debtors||30,830|10,509|
||Other debtors||452|526|
||Accrued income||21,171|48,156|
||Prepayments||3,997|17,228|
||||56,450|76,419|
##
##
##
|CREDITORS: A|MO|UNTS FA|LLING DUE WITHIN ONE YE|AR|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Trade creditors|||||35,172|20,332|
|Social security
and|other taxes||||4,251|4,931|
|VAT|||||963|9,340|
|Other creditors|||||1,197|2,599|
|Accruals and deferred||income|||17,678|16,931|
||||||59,261|54,133|
|MOVEMENT IN|FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|Unrestricted
funds|||||||
|General
fund||||266,487|244,464|510,951|
|Restricted funds|||||||
|The National
Lottery Community|||Fund|51,499|(51,499)||
|TOTAL FUNDS||||317,986|192,965|510,951|
|Net movement
in funds,||included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General fund||||259,883|(15,419)|244,464|
|The A B Charitable|Trust|||14,999|(14,999)||
|||||274,882|(30,418)|244,464|
|Restricted
funds|||||||
|Trust for London||||40,000|(40,000)||
|City Bridge Trust||||56,825|(56,825)||
|The National
Lottery Community|||Fund|124,961|(176,460)|(51,499)|
|Law Centres Federation||||75,000|(75,000)||
|||||296,786|(348,285)|(51,499)|
|TOTAL FUNDS||||5719668|(378,703)|192,965|
##
##
##
##
|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 1.4.19|in funds|31.3.20|
|Unrestricted
funds||||||||
|General fund|||||208,735|57,752|266,487|
|Restricted
funds||||||||
|The National
Lottery Community|||Fund|||51,499|51,499|
|TOTAL FUNDS|||||208,735|109,251|317,986|
|Comparative
net movement||in funds, included||in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted
funds||||||||
|General fund|||||315,743|(257,991)|57,752|
|The A BCharitable|Trust||||20,000|(20,000)||
||||||335,743|(277,99])|57,752|
|Restricted
funds||||||||
|Big Lottery Fund|||||24,978|(24,978)||
|Trust for London|||||20,000|(20,000)||
|Rent fund|||||39,638|(39,638)||
|Hampstead
Campden|Wells||||10,000|(10,000)||
|City Bridge Trust|||||34,500|(34,500)||
|The National
Lottery|Community||Fund||51,499||51,499|
||||||180,615|(129,116)|51,499|
|TOTAL FUNDS|||||516,358|(407,107)|109,251|
##
##
##
##
||for the year ended 3|1March 2021||
|---|---|---|---|
|||2021|2020|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||449||
|Charitable
activities||||
|Grants||311,786|200,615|
|Legal advice||106,283|144,011|
|Other generated
income||3,200|21,700|
|Service Level Contracts||149,950|149,950|
|||571,219|516,276|
|Total incoming
resources||571,668|516,358|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||221,971|216,991|
|Social security||16,410|16,330|
|Pensions||8,685|8,754|
|Freelance &recruitment|||1,185|
|Volunteer
expenses|||408|
|Publicity &website|||1,090|
|Subscriptions
&journals||7,352|8,539|
|Professional
insurance||1,599|1,899|
|Lexcel costs||1,025|1,025|
|Practising certificates||1,197|726|
|Legal disbursements|&costs||2,568|
|||258,239|259,515|
|Support costs||||
|Other||||
|Trustees' expenses|||550|
|Rent &rates||63,596|90,936|
|Insurance||2,973|1,354|
|Light and heat||4,874|4,844|
|Telephone||5,375|5,455|
|Printing,
postage &|stationery|5,779|8,653|
|Repairs &maintenance||5,444|3,088|
|Bookkeeping||2,8]6|6,909|
|Travel &subsistence|||331|
|Carried forward||90,857|122,120|
##
|||2021|2020|
|---|---|---|---|
|Other||||
|Brought forward||90,857|122,120|
|Bank charges||586|544|
|Computer
expenses||9,693|7,279|
|Cleaning||3,534|2,204|
|Miscellaneous|expenses|2,439|792|
|Storage||1,168|2,704|
|Professional|fees|1,644|1,500|
|Stafftraining|Ecexpenses|1,973|3,234|
|Computer
equipment||3,070|2,715|
|||114,964|143,092|
|Governance|costs|||
|Auditors'
remuneration||5,500||
|Independent
examination|||4,500|
|||5,500|4,500|
|Total resources|expended|378,703|407,107|
|Net income||192,965|109,251|