2023-03-31-accounts

			F	or the ye	ar ended 31Marc	h 2023	h 2023
Income				Note	Unrestricted	Restricted		Total	Total
					Funds	Funds		Funds	Funds
					2023	2023		2023	2022
Grants and donations					51,456	155,069		206,525	230,208
Sales and rental income					158,279			158,279	131,083
Westminster City Council		—Rates	Grant						28,714
HMRC Furlough claim									2,563
Interest receivable					2,843			2,843	2,811
Gift Aid								864	1 000
Total Income					2~13442	155	069	~368511	396 379
Ex enditure
Pro ammes and Staff Costs					133,002	108,484		241,486	203,520
Travel costs					683		120	803	533
Accommodation costs					71,153	19,311		90,464	97,506
Administration ex enses					14,370			14,370	14,190
De reciation					5 121	26	793	31914	30354
Total Ex enditure					224 329	154	708	379037	346 103
Sur lus/(Deficit)	For the		ear		-10,887		361	-10,526	50,276
Reserves / Building	Fund				136348	1 083	401	1 219749	1 169473
Brou ht Forward
Reserves / Building	Fund				125461	1 083	762	1209223	1 219749
Carried Forward
Without de reciation
Surplus Forthe year

		For the y	ear ended 31March 2023
4	Em lo	ees Contd	2023	2022
	Wages and	salaries	132,883	131,555
	Employer's	NIC	7,151	7,562
	Employers	Pension Contribution	4 186	I 811

. Fixed Assets
	Land & ~hid	~Buildin- ~Di 'tal	New ~Buildin	~Wk h ~ht	Otfhce ~Eui ment	Total
	Main	New Room	~Develo
			ment
Cost —1April 20Z2
Brought forward	1,248,496	181,125	16995	164972	53 318	I 664 906
Additions		0	34503		450	34953
	1,248 496	181 125	51498	164972	53 768	I 699859
Depreciation - 1April 2022
Brought forward	538,363	42,107		161,342	46,261	788,073
Charged in the year	23,170	3 623		2 100	3 021	31 914
	561533	45 730		163442	49 282	819987
Net book value
31March 2023		~153 5	51498	1 530	~44	7 72
31March 2022	~710133	13 0

. Debto	rs-due within one e	ar
		Unrestricted	Restricted	Total	Total
		Funds	Funds	2023	2022
Rental &	Other Income	7,631		7,631	12,409
Prepayments		681		681	11,365
Amounts	due from HMRC	~7017		~7017
		~15 29		15329

. Credi	tors -	due within one	ear
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2023	2022
Deferred	income	see below	90,092	24,399	114,491	52,242
Trade Creditors			9,656		9,656	17,806
Amounts	due to	HMRC	5,723		5,723	3,834
Accruals			15,251		15,251	16,005
			~120722	24399	120722	89 887

8 Creditors - du	e within one	year (Contd.)
		Unrestricted	Restricted	Total	Total
		Funds	Funds	2023	2022
Deferred income
The Collective (Taxi Hou'se)		75000		75000
Limited
John L ons		4,200	9,800	14,000	15,000
Westminster Foundation-
Grosvenor		3,000	7,000	10,000
'Cit ofWestminster	ant	1,971	4599	6,570
Lottery —Reaching Communities					11,000
Youn Westminster	Foundation				10,000
PRU Mentorin					8,865
Rose Foundation					2,500
Sub-total		84,171	24,399	108,570	47,365
Office rental, rates etc.		5 921		5,921	4,877
Total		90092	24 399	114491	52242

9 Reserves	Unrestricted	Restricted	2023	2022
	Reserves	Reserves	Total	Total
Balance 01 April 2022	136,348	1,083,401	1,219,749	1,169,473
(Deficit) / Surplus For the year	-10887	361	-10526	50276
Balance at 31 March 2023

Buildin	Reserve			f90,640	Crisis Reserve	F25,000
Equipment Replacement			Reserve	F15,000	Specific Project Reserve	f10,000
Specific	Organisation	Reserve		f.50,000

			Fo	r the year ended 3	1March 2023
E~Cht			Note	Unrestricted	Restricted	Total Funds	Total Funds
				Fundsf	Funds	2023f	2022f
Programmes	and	Staff costs
Staffcosts				86,532	57,688	144,220	140,928
Fees paid to	tutors			6,971	8,520	15,491	16,158
Workshop expenses				2,214	2,706	4,920	1,773
Project Costs			Sa	30,480	37,253	67,733	41,007
Publicity				4,920	2,108	7,028	2,051
Training				1885	209	2 094	1603
				133,002	108,484	241,486	203,520
Accommodation		and rent
Light, heat k Water Rates				17,645	3,114	20,759	10,848
Rates				0	6,756	6,756	1,724
Telephone				1,641	289	1,930	1,188
Insurance				4,640	819	5,459	4,847
Cleaning				22,188	3,915	26,103	24,658
Caremkers				3,628	640	4,268	4,393
Repairs and	renewals		Sb	~21411		~21	~49
				71,153	19,311	90,464	97,506
Travel and	meetings			683	120	803	533
Administration
Postage and	stationery			880		880	1,330
Bank charges				369		369	787
Professional	fees			138		138	1,584
Accountants	Remuneration			4,931		4,931	5,100
General expenses				435		435	825
Affiliation fees				1,454		1,454	1,835
Equipment	Repairs			293		293	0
Computer tb Website		maintenance		1,140		1,140	2,325
Bad Debts				4,730		4,730	404
				14,370		14,370	14,190
Depreciation				5 121	~26793	1 14
Total expenditure				~224 329	~154708	~379037	~346 103

Grants and Donations					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2023	2022
							f.
The Collective iTaxi House)		Limited			75,000	0	75,000	0
John Lyons					20,100	46,900	67,000	66,500
Lottery - Reaching Communities					6388	14,905	21,293	49,761
Deferred fund brought forward					10,630	36,735	47,365	32,950
London Youth / Burberry					0	500	500	31,500
London Community Foundation					2907	6,783	9,690	0
One Westminster					5000	5,000	10,000	0
Jack Petchey					0	2,800	2,800	15,792
Young Westminster Foundation					0	0	0	28,160
Westminster City Council:
City ofWestminster grant					5,913	13,797	19,710	0
New year's day parade					1,000	7,000	8,000	0
PRU Mentoring					1,400	3,267	4,667	17,730
Ward Budget: Arts db Health					0	0	0	6,000
Emotional support					0	0	0	5,000
Art Development					0	2,110	2,110	0
Lighting system					0	0	0	2,000
Westminster Community	Trust		Fund		0	0	0	5,000
Westminster Foundation-	Grosvenor				3,000	7,000	10,000	0
Young Westminster Foundation-			London	Community	3,000	7,000	10,000	10,000
Young Westminster Foundation-HAF					1,289	7,306	8,595	0
Young Westminster Foundation					0	2,865	2,865	0
Rose Foundation					0	7,500	7,500	2,500
Westminster Amalgamated		Charity			0	4,000	4,000	4,480
Bees and Plants					0	3,000	3,000	0
LNYDP Seed Money					0	1,000	1,000	0
Paddington Development	Trust				0	0	0	200
					135,627	179,468	315,095	277,573
Less deferred to 2023/2024					84 171	24399	108570	47 365
					51,456	155,069	206,525	230,208
Self-generated Income
Office Rental					63,520	0	63,520	45,845
Hire ofequipment					1,745	0	1,745	1,586
Lettings					78,496	0	78,496	75,829
Fees and sales					5,136	0	5,136	325
Sponsorship 5.Donations Membership fees					8,662 ~7 ~15827	0 0 0	8,662 7~ ~7	6,778 720 ~131083

		Fo	r the year ended 31M	arch 2023
Grants and Donations			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2023	2022
Other Receipts
Westminster City	Council	—Rates Grant	0	0	0	28,714
HMRC Furlough	claim		0	0	0	2,563
Gift Aid			864	0	864	1,000
Bank interest receivable			2,843	0	2,843	2811
sub-total other	receipts		~3707	0	~7	~35088
Total Income						~396379