2022-09-30-accounts

Contents		Page
Legal and administrative	information
Report ofthe CoUncil		4-8
Independent examiner's	report
Statement of Financial	Activities	10
Balance sheet		11-12
Notes to the financial statements		13-19
Appendix 1		20

Council Members
Susan Blundell	.....Chairperson
John Mortimer.	.....Honorary	Treasurer
Nicholas Bailey.	.....Member
Barbara Corr.	.Member
Gwilym Harbottle. ....	.....Member
Chiara Menage. ..	.....Member

INCONIE AND EXPENDITUR	E
		2022	2021
Incoming resources	Notes
Rents Receivable		173,097	163,314
Insurance recovered		3,406	3,940
Playground grant and use		3,440
Donations
		179,942	167,254
Interest Receivable		899
Total Incoming resources		180,841	167,254
Resources Expended
Direct Charitable activities		129,480	168,774
Expenses		20,564	19,115
Total Resources Expended		150,044	187,889
Net Movement In Funds		30,797	( 20,635 )
Total Funds Brought Forward		7,774,032	7,794,667
Total funds carried forward		7804829	7774032

	Notes	2022	2021
Fixed assets
Tangible fixed assets	9a	6,935,866	6,945,165
New Lease- 54Warren St- Four flats	9b	642,000
54Warren StFlats- Redevelopment	9c	45,371
Investment	10	2
Total Tangible fixed assets		7,623,239	6,945,167
Current Assets
Debtors and Prepayments		29,949	22,253
Short term deposits		46,668	42,282
Cash and bank		322,104	1,030,186
		398,721	1,094,721
Current Liabilities: Creditors:
Amounts falling due within one year	12	( 120,421 )	( 125,094 )
Net current assets		278,300	969,627
		7,901,539	7,914,794
Current Liabilities: Creditors:
Amounts falling due after more than
one year	13	( 96,710 )	( 140,762 )
Total assets less current liabilities		7,804,829	7,774,032
Funds Financed by:
Restricted funds
Unrestricted general funds	15	7,804,829	7,774,032
Total funds		7,804,829	7,774,032

7.Direct Chari	table	Expenditure
				2022	2021
				R	R
Properties- Warren		Street		55,494	91,569
Fitzrovia Children's		Centre		38,972	44,658
Administration	and	Development	work	35,014	32,547
				129,480	168,774
8.Management	and	Administration	ofthe charity
				2022	2021
				R
Administration	Fees			17,739	16,290
Accountancy Fees				2,825	2,825
				20,564	19,115

9.Tangible Fixed Assets
		Leasehold		Freehold	Total
			Property	land and
			(short)	buildings
			2022	2022	2022
					R
Cost orvaluation
1 October 2021			184,660	6,889,368	7,074,028
Additions:
54Warren st-4 flats-acquisition				642,000	642,000
54Warren st-4 flats-Work	in progress			45,371	45,371
30September 2022			184,660	7,576,739	7,761,399
Depreciation
1 October 2021			128,863		128,863
Charge forthe year			9,299		9,299
30September 2022			138,162		138,162
Net book value
30September 2022			46,498	7,576,739	7,623,237
30September 2021			55,797	6,889,368	6,945,165
The comparable amounts	offixed assets	included above at valuation		determined
according to the historical	cost accounting	convention	rules are as follows:
Cost
1 October 2021			184,660	1,463,218	1,647,878
Additions:
54Warren st-4 flats-acquisition				642,000	642,000
54Warren st-4 flats-Work	in progress			45,371	45,371
30September 2022			184,660	2,150,589	2,335,249
Depreciation
1 October 2021			128,863		128,863
Charge for the year			9,299		9,299
30September 2022			138,162		138,162
Net book value
30September 2022			46,498	2,150,589	2,197,087
30September 2021			55,797	1,463,218	1,519,015

Notes to the Accounts (continued)	Notes to the Accounts (continued)	Notes to the Accounts (continued)
10.Fixed Assets Investments
			2022	2021
Shares in Polepoise Limited- A wholly owned subsidiary			2	2
11.Debtors:	Amounts	falling due within one year
			2022	2021
Trade Debtors			4,472	17,707
Prepayments	and accrued income		25,476	4,546
			29,949	22,253
12.Creditors:	Amounts	falling due within one year
			2022	2021
			R
Mortgage and	Bank loan	repayments	49,168	48,922
Rent deposits	held		46,668	42,282
Accruals and creditors			21,760	31,065
Accountancy fee			2,825	2,825
			120,421	125,094
13.Creditors:	Amounts	falling due after more than one year
			2022	2021
			R
Bank loan - Unity Trust Bank			96,710	140,762
			96,710	140,762
14.Secured Debts
			2022	2021
			R	R
Bank loan - Unity Trust Bank			145,879	189,684
			145,879	189,684

Notes to the	Notes to the	Accounts (continued)
15.Unrestricted		General Fund
			2022	2021
				R
1 October 2022			7,774,032	7,794,667
Net Movement	in	Funds	30,797	( 20,635 )
30September	2022		7,804,829	7,774,032

FOR THE YEAR ENDED 30SEPTEMBER2	022
	2022	2022	2022	2022	2021
	General	FCC	Warren St	Total	Total
	Fund			Funds	Funds
Incoming Resources	&		R		&
Rents receivable		30,000	143,097	173,097	163,314
Insurance recovered		0	3,406	3,406	3,940
Playground grant and use		3,440		3,440
Donation
Interest Receivable
	899	33,440	146,502	1&0,841	167,254
RESOURCESEXPENDED
Administration fees	38,620			38,620	38,402
Rent, meeting room 8 mail address	3,935			3,935	3,449
Travelling expenses	3,303			3,303	2,855
Postage, printing and stationery	179			179	295
Telephone	600			600	390
General expenses	1,269			1,269	461
Accountancy	2,825			2,825	2,825
Legal and prof fees		0	14,147	14,147	15,530
Rent		15,500		15,500	15,500
Council tax/ Business rates					2,983
Insurance			6,861	6,861	6,277
Advertising	500			500
IT&Website	1,107			1,107
Light and heat			1,363	1,363	1,582
Maintenance and furnishings		1,934	2,908	4,842	6,306
Refurbishment costs			26,409	26,409	64,442
Caretaker	2,395	10,362	320	13,077	11,402
Subscriptions/Amliations	706			706	363
Bank charges	139			139	83
Depreciation		9,299		9,299	9,299
Bad Debts provision
	55,578	37,095	52,008	144,681	182,441
Interest payable (35%8,65%)		1,877	3,486	5,363	5,448
Totalexpenditure	55,578	38,972	55,494	150,044	187,889
Net income (expenditure)	( 54,679	( 5,532 )	91,008	30,797	(20,635 )

Tangible	Fixed Assets	List
Warren		Years	of	Property Type	Start of	2022	2021
Street		Lease			Lease	R
	52	10		Commercial	April 2016	T56,284	756,284
		1		Residential	December 2015	2,274,750	2,274,T50
						3,031,034	3,031,034
	54	10		Commercial	September 2014	815,556	815,556
		65		Residential	February 2022	642,000
		65		Work in Progress	February 2022	45,371
		65		Residential	December 1987	465,569	465,569
						1,968,496	1,281,125
	57	5		Commercial	August 2013	688,889	688,889
		65		Residential	September 1987	386,195	386,195
						1,075,084	1,075,084
	59	125		Commercial	September 1987	10,125	10,125
		65		Residential	September 1987	374,898	374,898
						385,023	385,023
	60-61	10		Commercial	September 1987	1,112,796	1,112,796
		175		Residential	September 1987	4,306	4,306
						1,117,102	1,117,102
						7,576,739	6,889,368