|Contents||Page|
|---|---|---|
|Reference and administrative
details|||
|Report of the Board of|Trustees||
|Structure, governance|and management||
|From vision to activities|||
|Achievements
and performance|||
|Future plans||16|
|Financial
review||17|
|Trustee's
responsibility|statement|18|
|Independent
Examiners|Report|19|
|Statement offinancial|activities|21|
|Balance sheet||23|
|Notes to the financial statements||25-39|
##
|Registered|Registered||charity aud company|charity aud company|nwne|Soutlnvark
Pensionenp
Centre also knovvn as SPC.|Soutlnvark
Pensionenp
Centre also knovvn as SPC.|Soutlnvark
Pensionenp
Centre also knovvn as SPC.||
|---|---|---|---|---|---|---|---|---|---|
|Charity|registered|||number||299416||||
|Company||registered||nunsber||02161913(England
and Wales)||||
|Registered|||office|||305-307Cambersvell
Road, London, SE5 OHQ||||
|||||||Charlie Smith|Chair|||
|||||||Althea Marie Smith|Vice Chair|||
|||||||Aparna
Sapre|Company
Secretary|||
|||||||Anthony
Squires||||
|||||||Nsini Caroline Obinyan||||
|Trustees||||||Andy Pany||||
|||||||Emma Stapley||||
|||||||Clu'istopher
Cooper|Resigned
on 1"June 2022|||
|||||||Colin Anthony
Hunte|Resigned
on 1"June 2022|||
|||||||Thomas
William
White|Resigned
on 1"June 2022|||
|Executive||Director||||Cathy Deplessis||||
|Advisors||||||||||
|Property||||||Aston Rose, 4 Tenterden
Street, London W1S 1TE||||
|||||||Reed Smith, The Broadgate Tovver, 20 Primrose||Street,||
|Legal - property||||||London EC2A 2RS||||
|Indepmtdent|||Examiner|||David Anthony k Co, PO|Box70552, London|SE99DE.||
|||||||SharpRaiser,
c/o HW Fisher Business Solutions||Limited,||
|||||||Acre House, 11-15William Road, London||||
|Fundraising||||||Nwl 3ER||||
|Bumau|resources and health and safety|||||Peninsula,
The Peninsula,
4FB|Victoria Place, Manchester,||M4|
|Research||||||Pau!Kiff, Royal Statistical Society, 12Errol Street,
London ECIY8LX, and Research Advice Service||||
|||||||NatWest
Bank Plc, 290 Wahvorth
Road, London, SE17||||
|||||||3RQ||||
|Banks||||||||||
|||||||CAF Bank, 25, Kings Hill|Avenue,
Kings Hill,|West||
|||||||Mailing,
Kent ME194JQ||||
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|INCOME FROM:|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2,023|2,022|
|||Notes|||||
|Donations|||1,975|241,732|243,707|265,514|
|Other trading
activities|||16,749|0|16,749|27,575|
|Interest received|||431|0|431|8|
|Income from charitable|activities||11,832|0|11,832|2,696|
|Total Income|||30~987|241I732|272I719|295~793|
|EXPENDITURE ON:|||||||
|Charitable
Activities||6/10|0|300,207|300,207|273,273|
|TOTAL EXPENDITURE|||0|300~207|300~207|273~273|
|NET INCOME AND|||||||
|MOVEMENT IN FUNDS|||30,987|(58,475)|(27,488)|22,520|
|RECONCILIATION
OF FUNDS|||||||
|Total funds at 1 April 2022|||59,794|22,563|82,357|59,837|
|Transfer between
funds||17|(70,653)|70,653|0|0|
|TOTAL FUNDS AT31|MARCH 2023||20~128|34~741|54/869|82I357|
##
|INCOIUIE FROM.|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
|||Note|||E|E|
|Donations|||9,363|256,151|265,514|320,386|
|Other trading
activities|||27,575|0|27,575|928|
|Interest
received|||8|0|8|47|
|Income from charitable|activities||2,696||2,696|142|
|Total Income|||39642|256 151|295 793|321503|
|EXPENDITURE ON:|||||||
|Charitable
Activities||6/10|0|273,273|273,273|344,877|
|TOTAL EXPENDITURE|||0|273 273|273 273|344 877|
|NET INCOME AND|||||||
|MOVEMENT IN FUNDS|||39,642|(17,122)|22,520|(23,374)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds at 1 April 2022|||12,528|47,309|59,837|83,211|
|Transfer
between
funds||17|7,624|(7,624)|0||
|TOTAL FUNDS AT31|MARCH 2022||59794|22 563|82 357|59837|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Note|||
|Tangible Assets||||12|13,201|17,639|
|Intangible
Assets||||13|1,217|2,451|
||||||14,418|20,090|
|Current assets:|||||||
|Debtors||||14|24,903|36,299|
|Cash at bank|and|in|hand||84,222|77,360|
||||||109,125|113,659|
|Liabilities:|||||||
|Creditors (due within|||one year)||(68,674)|(51,392)|
|Net current|assets||||40,451|62,267|
|Net Assets|||||54,869|82,357|
|Funds ofthe||charity:|||||
|Restricted funds||||17|34,741|59,794|
|Unrestricted|funds|||17|20,128|22,563|
||||||54,869|82,357|
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|Donations||
|---|---|
|Government|Grants (see below)|
|Other Grants||
|Unrestricted|Restricted|Total
Funds|Total
Funds|
|---|---|---|---|
|Funds|Funds|2023|2022|
|||E|E|
|1,250|801|2,051|4,173|
|0|190,892|190,892|194,889|
|725|50,039|50,764|66,452|
|1~975|241~732|243r707|265I514|
##
|3OTHER TRADING ACTIVITIES|Unrestricted|Restricted|Restricted||Total
Funds|Total
funds|
|---|---|---|---|---|---|---|
||Funds|Funds|||2023|2022|
||E||E||E|6|
|Rental Income|6,400|||0|6,400|3,552|
|Membership|2,953|||0|2,953|1,393|
|Other-Photocopying|52|||0|52|30|
|Business Interruption||||0|0|18,640|
|Secondment
of staff||||0|0|3,960|
|Other income|75|||0|75|0|
|Grants for AGM and Xmas Party|7,269|||0|7,269|0|
||16,749|||0|16I749|27~575|
##
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|Unrestricted|Restricted||**F**
Total
unds|Total
funds|
|---|---|---|---|---|
|Funds|Funds||2023|2022|
|E|||E||
|431|||431||
|431||0|431||
##
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||||||Unrestricted|Restricted|Total Funds|Total
Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2023|2022|
||||||I|I|||
|Activities,|events,|holidays|and|outings|11,832|0|11,832|2,696|
||||||ji832|0|11832|2696|
##
|ANALYSIS OF EXPENDIT|URE BYEXPENDITUR|E TYPE|||
|---|---|---|---|---|
||Unrestricted|Restricted|Total Funds|Total
Funds|
||Funds|Funds|2023|2022|
|Direct costs (note 7||112,278|112,278|77,370|
|Support costs (Note 8)||187,929|187,860|196,903|
|||300,207|300,207|273,273|
##
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|7.DIrect Cos|ts||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Total|
||||Basis of||||||
||||Allocation|Funds||Funds|2023|2022|
|Wages and Salaries|||Staff Time|||50,660|50,660|60,069|
|Social Security|Costs||Staff Time|||3,694|3,694|3,984|
|Pension Costs|||Staff Time|||1,265|1,265|1,042|
|Staff and Volunteer||Expenses|Staff Time|||2,346|2,346|305|
|Activities|||Actual Cost|||25,029|25,029|9,487|
|Legal fees|||Actual Cost|||648|648|398|
|Holidays|||Actual Cost|||11,821|11,821|0|
|Fundraising|||Actual Cost|||1,541|1,541|1,116|
|Subscriptlons|and Publications||Actual Cost|||174|174|969|
|Vaccine Project|||Actual Cost|||15100|15100||
||||||0|112278|112278|77370|
##
##
|8.Support|8.Support|Costs|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Total|
|||||Funds||Funds|2023|2022|
|||||6||E|E|E|
|Premises|||Actual Cost||0|38,845|38,845|32,994|
|Communication|||Actual Cost||0|3,727|3,728|6,556|
|Sundry
Expenses|||Actual Cost||0|140|140|0|
|Catering|||Actual Cost|||302|302|833|
|Bookkeeping||and Payroll|Actual Cost|||7,039|7,039|4,024|
|Bank Charges|||Actual Cost|||677|677|597|
|Wages and|Salaries||Staff Time|||56,620|56,620|67,136|
|Employer's|NI||Staff Time|||3,570|3,570|3,851|
|Pension Costs|||Staff Time|||953|953|916|
|Staff expenses|||Actual Cost|||3,388|3,338||
|Depreciation|||Actual Cost|||6,283|6,283|6,269|
|Marketing|||Actual Cost|||168|168|832|
|Consultancy|||Actual Cost|||10,193|10,193|8,063|
|Insurance|||Actual Cost|||3,890|3,891|5,441|
|Amortisatlon||IT|Actual Cost|||1,620|1,620|1,200|
|Governance|Costs||Actual Cost|||50514|50 51'I|57 192|
||||||0|187929|187929|195904|
##
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Funds|Funds|
|||||Funds||Funds|2023|2022|
|Independent|Examiner's|Fee|Actual Cost||0|1,005|1,005|1,080|
|Wages and Salaries|||Staff Time||0|41,720|41,720|49,468|
|Social Security Costs|||Staff Time||0|5,048|5,048|5,44'i|
|Pension Costs|||Staff Time||0|1,068|1,068|1,200|
|Volunteer
Expenses|||Actual Cost||0|558|558||
|Printing|||Actual Cost||0|1,116|1,116||
||||||0|50,515|50,515|57,192|
##
|This|is stated after charging:|2023|2022|
|---|---|---|---|
|Depreciation|oftangible
fixed assets|||
||Owned
by the charity|6,283|6,269|
||Amoitisation
ITSoffware|1,620|1,200|
||Pension Costs|3,286|3,158|
||Independent
fees|1005|1080|
|||12194|11707|
##
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|11Staff|costs||Unrestricted|Restricted|Tota I
Funds|Total
Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2023|2022|
||||6|6|6|6|
|Salaries|||0|148,999|148,999|176,673|
|Employer's|national|insurance|0|12,312|12,312|13,279|
|Employer's|pension|contributions|0|3,286|3,286|3,158|
|Staff expenses|||0|3,338|3,338|0|
|Volunteer|Expenses||0|558|558|305|
||||0|168I493|168p493|193~415|
##
||Office|||
|---|---|---|---|
||Furniture|and||
|12Tangible Fixed Assets|E ui ment||Total|
|Cost|6||6|
|At 1 April 2022|63,682||63,682|
|Additions|1,845||1,845|
|Disposal|0||0|
|Cost 31 March 2023|65527||65527|
|Depreciation|6|||
|Opening
balance|46,043||46,443|
|Disposal|0||0|
|Annual
charge|6 283||6 283|
|as at 31 March 2023|52 326||52 326|
|Carrying
Amount||||
|31 March 2023|13201||13201|
|31 March 2022|17639||17639|
||CRM IT|||
|Intangible
Fixed Assets|5 stems||Tota I|
|Cost||6|6|
|At 1 April 2022|4,674||4,674|
|Additions||386|386|
|Disposal||0|0|
|Cost 31 March 2023|5|060|5060|
|Amortlsation||6|6|
|Opening
balance|2|223|2 223|
|Disposal||0|0|
|Annual
charge|1|620|1620|
|Cost 31 March 2023|3|843|3843|
|Carrying
Amount||||
|31 March 2023|1|217|1217|
|31 March 2022|2|451|2451|
##
|||2023|2022|
|---|---|---|---|
|Prepayments|and accruals|8,454|4,389|
|Other Debtors||16,449|31,910|
|Total||24,903|36,299|
|5Creditors amount|falling due within
o|ne year||
|---|---|---|---|
|||2023|2022|
|||6||
|Trade Creditors||13,972|7,581|
|Accruals and deferred|income|54,702|43,811|
|||68,674|51,392|
##
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##
||||||2023|2022|
|---|---|---|---|---|---|---|
|SPAG-Tony Frasky|legacy||||1,750|2,250|
|Dulwich Almshouse|||||7,000|7,000|
|Kings College London|||||5,000|5,000|
|Southwark|||||2,339|0|
|Haberdashers|||||500|0|
|AGE UK Apr-May 23|||||14,579|0|
|Bright Sparks|||||9,800|0|
|LBof Southwark-additional||restrictions||grant||2,248|
|LBof Southwark-|Democracy||fund|||720|
|Southwark
charities||||||9,425|
|LBofSouthwark-|NH Fund|2021/22||||5000|
||||||40,968|31,643|
|Weston Super Mare|||||2 187||
||||||43 155|31643|
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||||||Brought
forward|Income|Expenditure|Transfers
in/Out|Carried
Forward|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
|General Funds||||||||||
|Unrestricted
funds|||||59,794|30,987|0|(70,653)|20,128|
||||||59I794|30I987|0|(70I6 53)|20~128|
|Restricted
funds||||||||||
|Others (Donations,||SPAG, Iust Giving)|||0|0|0|0|0|
|LBSouthwark
—Common|||purpose|- Core|22,563|103,421|(161,896)|70,653|34,741|
|AGE UK Older Peoples ik|||Carers Hub||0|87,471|(87,471)|0|0|
|Other Restricted|Funds||||0|50,840|(50,840)|0|0|
||||||22I563|241I732|(300~207)|70~653|341741|
|Total offunds|||||82I357|272~719|(300,207)|0|54,869|
##
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|18ANA|LYSIS OF NET ASSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|Total
Funds|
|||Funds|Funds|2,023|2,022|
|||E|E|||
|Tangible|fixed assets|13,201|0|13,201|17,639|
|Intangible|fixed assets|1,217|0|1,217|2,451|
|Current Assets||5,710|103,415|109,125|113,659|
|Creditors|due within one year||(68,674)|(68,674)|(51,392)|
|||20,128|34~741|54I869|82I357|
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