li
ANNUAL REPORT
FINANCIAL STATEMENTS
FOR YEAR ENDING 51ST MARC,H 2022
Company Number: 01817676
Charity Number= 295857
|Contents||||Pa eNo|
|---|---|---|---|---|
|Chair's Foreword||||3|
|Governance
and Objectives||||5|
|Our Governing
Document||8 Aims 8 Objectives||6|
|Management
Structure||||7|
|Financial
Review||||8|
|Management
of Risk||||10|
|LHP Services||||11|
|~
Advice Services||||13|
|~
Employment
&Training Services||||15|
|~
Health 8 Wellbeing||Programme||17|
|~
Little Limehouse|Preschool Childcare||Provision|21|
|Independent
Auditor's|Report|||23|
|Statement
of Financial|Activities|||30|
|Balance Sheet||||32|
|Statement
ofCash Flows||||34|
|Notes to the Financial|Statements|||35|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
||||Note|K|||
|Incoming resources|||||||
|Income from:|||||||
|Donations
and grants|||||194,939|194,939|
|Investment
income||||30||30|
|Charitable
activities||||263,251|363,831|627,082|
|Total incoming resources||||263,281|558,770|822,051|
|Resources expended:|||||||
|Expenditure
on charitable||activities|7|233,418|576,708|810,126|
|Governance
costs|||8|17,919|19,708|37,627|
|Total resources expended||||251,337|596,416|847,753|
|Net income/(expenditure)||resources|||||
|before transfers||||11,944|(37,646)|(25,702)|
|Transfers
between|funds|||70,849|70,849||
|Net movement
in|funds|||(58,905)|33,203|(25,702)|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||927,222|35,148|962,370|
|Total funds carried|forward||17|868,317|68,351|936,668|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2021|
|2021 Comparative|||Note||6||
|Incoming resources|||||||
|Income from:|||||||
|Donations
and grants||||43,483|194,939|238,422|
|Investment
income||||99||99|
|Charitable
activities||||266,282|413,590|679,722|
|Total incoming resources||||309,714|608,529|918,243|
|Resources expended:|||||||
|Costs ofgenerating|income|||37|106|143|
|Expenditure
on charitable||activities||163,280|589,260|752,540|
|Governance
costs||||24,850|14,685|39,535|
|Total resources expended||||188,167|604,051|792,218|
|Net income resources before transfers||||121,547|4,478|126,025|
|Transfers|||||||
|Transfers
between|funds|||15,762|15,762||
|Net movement
in|funds|||105,785|20,240|126,025|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||821,437|14,908|836,345|
|Total funds carried|forward||17|927,222|35,148|962,370|
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|B|ALA|NCE SHEET AS AT 31 MAR|CH 20|22||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|E|6|
|Fixed assets||||||
|Tangible assets|||11|783,440|777,046|
|Current assets||||||
|Debtors|||12|83,278|68,730|
|Cash at bank and in|hand||13|601,208|585,626|
|||||684,486|654,356|
|Creditors: Amounts|falling due within one year||14|259,350|175,300|
|Net current assets||||425,136|479,056|
|Total assets less current liabilities||||1,208,576|1,256,102|
|Creditors: Amounts|falling due after more than one|||||
|year|||15|271,908|293,732|
|Net assets||||936,668|962,370|
|Funds ofthe charity:||||||
|Restricted
Funds||||68,351|35,148|
|Designated
unrestricted||Funds||732,121|756,991|
|General
unrestricted|funds|||136,196|170,231|
|Total funds|||17|936,668|962,370|
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|FOR THE|YEAR ENDE|D 31 MARC|H 2022||
|---|---|---|---|---|
||||2022|2021f|
|Cash flows from operating
activities|||||
|Net cash (expenditure)/income|||(25,702)|126,025|
|Adjustments
to cash flows from non-cash||items|||
|Depreciation|||13,463|9,088|
|Investment
income||||99|
||||(12,239)|135,014|
|Working
capital adjustments|||||
|(Increase)/decrease
in debtors|||(14,547)|15,641|
|Increase/(decrease)
in creditors|||84,050|8,517|
|Net cash flows from operating|activities||57,264|142,138|
|Cash flows from investing
activities|||||
|Purchase oftangible
fixed assets|||(19,856)|(13,891)|
|Grants received for purchase|ofequipment|||13,891|
|Interest receivable
and similar|income|||99|
|Net cash flows from investing|activities||(19,856)|99|
|Cash flows from financing
activities
Loan repaid|||~21.826~21,024||
|Net increase
in cash and cash equivalents|||15,582|121,213|
|Cash and cash equivalents
at|1 April||585,626|464,413|
|Cash and cash equivalents
at|31 March||601,208|585,626|
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||||Restricted|Total|Total|
|---|---|---|---|---|---|
||||funds|2022|2021|
|||||6||
|Training
and Development;||||||
|LBTH-Developing|potential||50,295|50,295|50,295|
|National
Lottery -|Developing|Potential|144,644|144,644|144,644|
|Other Government|grants (Furlough)||||43,483|
|Total donations|and grants||194,939|194,939|238,422|
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|5 Income from|c|h|ari|table
ac|tivities||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total|Total|
||||||General|Restricted|2022|2021|
|||||||||E|
|Advice|||||||||
|Big Energy Saving||Network||||4,500|4,500|9,000|
|LBTH:Advice Service|||||||||
|Consortium
(LAP|7)|||||135,000|135,000|135,000|
|PCT (Social Action||for Health)|||||||
|(GP Outreach)|||||33,845||33,845|43,247|
|Adv200a - UKPN||||||4,960|4,960||
|Adv210 - CAF Resilience Fund||||||44,712|44,712||
|Ocean Regeneration|||Trust-||||||
|Universal
Credit||||||4,996|4,996|7,500|
|EUSS||||||||10,910|
|National
Lottery Community|||||||||
|Fund - Coronavirus||||||||55,377|
|City Bridge Trust||||||38,450|38,450|18,950|
||||||33,845|232,618|266,463|279,984|
|Training
and development|||||||||
|Little Limehouse|nursery||||126,099|10,398|136,497|149,761|
|The Sheroes Programme||||||||19,736|
|City Bridge Trust|- Employment||||||||
|Advice||||||10,000|10,000|42,010|
|ELLAT||||||||9,600|
|Luncheon
Club||||||||45,075|
|DigiTies||||||17,432|17,432|17,432|
|Breakthrough:
Painting||||and|||||
|Decoration||||||12,360|12,360|17,000|
|Equipment||||||||16,629|
|Kickstart Admin|||||10500||10500||
||||||136,599|50,190|186,789|317,243|
|Other income|||||||||
|Core210||||||10,000|10,000||
|Ethnic Minority
Network||||||22,623|22,623||
|Funding
pot from|Good|||Things|||||
|Foundation
(Core|960)||||18,720||18,720||
|Various funding
pots|||(Core 950)||9,142||9,142||
|Kickstart||||||17,867|17,867||
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||FOR THE Y|EAR ENDED 3|1 MARCH 2022|||
|---|---|---|---|---|---|
|||Unrestricted||Total|Total|
|||General|Restricted|2022|2021|
|||||6||
|Henry Smith Charity|||29,533|29,533||
|Starting Point||3,750||3,750||
|HARCA||15,000||15,000||
|Betty Messenger
Foundation|Charitable||1,000|1,000||
|Steering Committee
Representation|||||24,763|
|Concordia
Rent||12,917||12,917|10,586|
|Miscellaneous|||||9,633|
|Rent Receivable||33,308||33,308|35,663|
|Charity Trust|||||600|
|E3Partnership||92,837|81,023|173,860|1,250
82,495|
|Total income from charitable||||||
|activities||||||
|Advice||33,845|232,618|266,463|279,984|
|Training
and Development||136,599|50,190|186,789|317,243|
|Other income||92,837|81,023|173,860|82,495|
|||263,281|363,831|627,112|679,722|
|funds and|6413,590 in res|tricted funds.|||||
|---|---|---|---|---|---|---|
|6 Costs|ofgenerating|income|||||
|||||Total|Total||
|||||2022|2021||
||||Note||E||
|Advertising|8 consulting|||||143|
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||||Unrestricted||Total|Total|
|---|---|---|---|---|---|---|
||||General|Restricted|2022|2021|
|Staff costs|||174,721|423,922|598,643|526,067|
|Other direct||costs|111|108,729|108,840|105,094|
|Premises|costs||33,230|8,256|41,486|35,502|
|Client services|||3,401|5,612|9,013|31,937|
|Volunteers||||174|174|287|
|Travel|||123|306|429|177|
|Training|and|recruitment|1,700|1,892|3,592|7,357|
|General|office||13,788|20,698|34,486|37,031|
|Depreciation||and loss on|||||
|disposal|||6,344|7,119|13,463|9,088|
||||233,418|576,708|810,126|752,540|
||||Activity||||
||||undertaken|Activity|Total|Total|
||||directly
support costs
R
f||2022|2021|
|Direct Costs|||762,067||762,067|706,421|
|Support|costs|||47,950|47,950|46,119|
||||762,067|47,950|810,017|752,540|
##
|8 Analysis ofgover|nance|and support co|sts|||
|---|---|---|---|---|---|
|||Unrestricted||Total|Total|
|||General|Restricted|2022|2021|
||||6||f.|
|Legal and professional|fees|6,760|7,200|13,960|11,918|
|Miscellaneous||130|147|227|118|
|Loan interest||8,827|9,890|18,717|19,659|
|Audit and accountancy||2,202|2,471|4,673|7,840|
|||17,919|19,708|37,627|39,535|
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||||2022|2021|
|---|---|---|---|---|
|Operating
leases -property|||24,948|19,824|
|Auditors'
remuneration|- audit fees||2,300|2,300|
|Auditors'
remuneration|—non-audit|services|2,373|3,500|
|Depreciation|||13,463|9,088|
|10 Staff costs and|numbers||||
||||Total|Total|
||||2022|2021|
||||F||
|Staff costs were as follows:|||||
|Salaries and wages|||539,007|464,729|
|Sessional and cover|contractors||13,429|20,003|
|Social security costs|||41,137|35,598|
|Pension costs|||5,071|5,737|
||||598,644|526,067|
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|11 Tangible fixed|asset|s|||||
|---|---|---|---|---|---|---|
||||Leasehold|Office|CRM||
||||Property|Equipment|Software|Total|
||||K|E|||
|Cost|||||||
|At 1 April 2021|||833,720|16,426|26,864|877,010|
|Additions||||19,856||19,856|
|At 31 March 2022|||833,720|36,282|26,864|896,866|
|Depreciation|||||||
|At 1 April 2021|||63,809|9,291|26,864|99,964|
|Charge for the year|||6,694|11,226||17,920|
|Grant release- office|equipment|||4,458||4,458|
|At 31 March 2022|||70,503|16,059|26,864|113,426|
|Net book value|||||||
|At 31 March 2022|||763,217|20,223||783,440|
|At 31 March 2021|||769,911|7,135||777,046|
|12 Debtors|||||||
||||||2022|2021|
|||||||E|
|Grants and contracts|receivable||||21,260|9,505|
|Prepayments
and accrued||income|||62,018|59,225|
||||||83,278|68,730|
|13 Cash and cash|equivalents||||||
||||||2022|2021|
||||||E|E|
|Cash at bank|||||601,127|585,522|
|Petty cash|||||81|104|
||||||601,208|585,626|
|14 Creditors: amounts||falling|due within one year||||
||||||2022|2021|
|||||||E|
|Bank loans|||||39,188|39,187|
|Trade creditors|||||28,054|15,640|
|Taxation and social security|||||14,991|17,506|
|Other creditors|||||18,470|9,307|
|Accruals and deferred|income||||158,647|93,660|
||||||259,350|175,300|
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|15 Credit|ors: am|ounts
falling due after one y|ear||
|---|---|---|---|---|
||||2022|2021|
|Bank loans|||271,908|293,732|
||||2022f|2021|
|Repayable|between|two and five years|156,752|156,752|
|Repayable|in five years or more||115,156|136980|
||||271,908|293,732|
##
|16 Analysis of net asse|ts between funds||||
|---|---|---|---|---|
||Unrestricted|Unrestricted|||
||General|Designated|Restricted|Total funds|
|Tangible fixed assets|20,223|763,217||783,440|
|Current assets|167,241|280,000|237,245|684,486|
|Current
liabilities|(51,268)|(39,188)|(168,894)|(259,350)|
|Creditors over 1 year||271,908||271,908|
|Total net assets|136,196|732,121|68,351|936,668|
||||||Total funds at|Total funds at|
|---|---|---|---|---|---|---|
||||Unrestricted|Unrestricted||31 March|
||||General|Designated|Restricted|2021|
||||||R||
|Tangible|fixed|assets|7,135|769,911||777,046|
|Current|assets||217,260|320,000|117,096|654,356|
|Current|liabilities||(54,164)|(39,188)|(81,948)|(175,300)|
|Creditors|over|1 year||293,732||293,732|
|Total net assets|||170,231|756,991|35,148|962,370|
##
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##
|17 Funds|||||||||
|---|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources||Balance at||
||||1 Apr 2021|resources|expended|Transfers|31 Mar|2022|
||||||||K||
|Unrestricted|||||||||
|General|||(170,231)|(263,281)|251,337|45,979|(136,196)||
|Designated|||||||||
|Premises|||(436,991)|||(15,130)|(452,121)||
|Staff and administrative|||||||||
|overheads|||(90,000)||||(90,000)||
|Potential
redundancy|||||||||
|costs|||(50,000)||||(50,000)||
|Develop our premises||to|||||||
|accommodate
an|||||||||
|expansion
in our service|||||||||
|provision|||(80,000)||||(80,000)||
|2021/22 forecasted|deficit||(100,000)|||50,000|(50,000)||
|Marketing
&PR||||||10,000|10,000||
||||756,991|||24,870|732,121||
|Total unrestricted|||927,222|263,281|251,337|70,849|868,317||
|Restricted|||||||||
|LBTH East End Citizen|||||||||
|Advice Bureaux (LAP|||||||||
|384)|||(752)|||||(752)|
|LBTH:Advice Service|||||||||
|Consortium
(LAP 7)||||(135,000)|153,586|(18,586)|||
|Adv140 - NLCF|||||(125)|||(125)|
|Ocean Regeneration|||||||||
|Trust - Universal
Credit|||(5,822)|(4,996)|1,614|9,204|||
|City Bridge Trust||||(38,450)|48,661|(10,211)|||
|City Bridge Trust|||||||||
|Employment
advice||||(10,000)|15,155|(5,155)|||
|Big Energy Saving|||||||||
|Network|||(1,896)|(4,500)|||(6,396)||
|Equipment
- Clothworkers|||||||||
|Foundation||||(4,960)|4,685|||(275)|
|Early years campaign||||(44,712)|21,770||(22,942)||
|Core210||||(10,000)|||(10,000)||
|Core900 Equipment|||||11,546|(11,546)|||
|Ethnic Minority
Network||||(22,624)|12,557||(10,067)||
|ELATT|||(3,068)|||3,068|||
|EMP530 City Bridge|||||11,729|(11,729)|||
##
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|||Balance at|Incoming|Resources||Balance at|
|---|---|---|---|---|---|---|
|||1 Apr 2021|resources
f|expended|Transfers|31 Mar 2022
6|
|Lloyds Bank Foundation||||7,347|(7,347)||
|Breakthrough:
Painting|||||||
|and Decoration|||(12,360)|8,233||(4,127)|
|LBTH: Developing|||||||
|Potential|||(50,295)|53,805|(3,510)||
|National
Lottery-|||||||
|Developing
Potential||(17,558)|(144,644)|167,700|(5,498)||
|Henry Smith Charity|||(29,533)|25,783||(3,750)|
|Kickstart|||(17,867)|23,156|(5,289)||
|Luncheon
Club||(6,052)||20,700|(14,648)||
|Betty Messenger|||||||
|Charitable
Foundation|||(1,000)|||(1,000)|
|DigiTies|||(17,431)|8,514||(8,917)|
|Little Limehouse|nursery||10,398||10,398||
|Total restricted||35,148|558,770|596,416|70,849|68,351|
|Total funds||962,370|822,051|847,753||936,668|
##
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|Comparatives
for movement|Comparatives
for movement|Comparatives
for movement|in funds|||||
|---|---|---|---|---|---|---|---|
|||Balance at||Incoming|Resources||Balance at|
|||1|Apr 2020|resources|expended|Transfers|31 Mar 2021|
||||6|||||
|Unrestricted||||||||
|General|||(178,774)|(309,714)|188,167|130,090|(170,231)|
|Designated||||||||
|Premises|||(422,663)|||(14,328)|(436,991)|
|Staff and administrative||||||||
|overheads|||(90,000)||||(90,000)|
|Potential
redundancy||||||||
|costs|||(50,000)||||(50,000)|
|Develop our premises||to||||||
|accommodate
an||||||||
|expansion
in our service||||||||
|provision|||(80,000)||||(80,000)|
|2021/22 forecasted|deficit|||||100,000|100,000|
||||642,663|||114,328|756,991|
|Total unrestricted|||821,437|309,714|188,167|15,762|927,222|
|Restricted||||||||
|LBTH East End Citizen||||||||
|Advice Bureaux (LAP384)|||(752)||||(752)|
|LBTH:Advice Service||||||||
|Consortium
(LAP 7)|||(3,402)|(135,000)|144,235|(5,833)||
|Ocean Regeneration||||||||
|Trust - Universal
Credit|||26|(7,500)|1,652||(5,822)|
|City Bridge Trust||||(18,950)|19,337|(387)||
|Big Energy Saving||||||||
|Network|||(1,896)|(9,000)|3,956|5,044|(1,896)|
|Equipment
-Clothworkers||||||||
|Foundation|||358|||(358)||
|Early years campaign|||(1,437)|||1,437||
|ELATT|||(3,067)|(9,600)|6,438|3,161|(3,068)|
|Lloyds Bank Foundation|||(3,963)||9,375|(5,412)||
|Breakthrough:
Painting||||||||
|and Decoration|||(1,359)|(17,000)|24,663|(6,304)||
|National
Lottery-||||||||
|Developing
Potential|||2,303|(194,939)|175,078||(17,558)|
|Luncheon
Club|||(328)|(45,075)|39,351||(6,052)|
|Sports and Arts|||(35)|||35||
|DigiTies|||(42)|(17,432)|18,669|(1,195)||
|Little Limehouse
nursery||||(26,000)|14,914|11,086||
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|The charity's
total offuture
minimum
payments
unde
31 March 2021 is as follows:|r non-cancellable
operating
leases|of premises
at|
|---|---|---|
||2022|2021|
|Other|||
|Within one year|16,000|11,298|
|Between one and five years|48,000||
||64,000|11,298|
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