| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to 7 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | 10to 11 | ||
| Cash Flow Statement | 12 | ||
| Notes to the Financial | Statements | 13to 19 | |
| Detailed Statement of | Financial Activities | 20 |
| Category | Benefits EIEtax |
Debt | Other | Total | ||
|---|---|---|---|---|---|---|
| credits | ||||||
| Income gain Debts written Repayments |
off rescheduled |
f718,302 f0 f0 |
f6,977 f306,679 f10,900 |
f52,565 f0 f0 |
f777,844 f306,679 f10,000 |
|
| Re-imbursements, | services, loans | f0 | f101,169 | f0 | f101,169 | |
| 8778,3772 | E425 725 | E52 565 | f1,196,592 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | ||
| funds | fund | ||||
| Notes | |||||
| Incoming resources | |||||
| From generated funds |
|||||
| Voluntary incoine |
8,787 | 8,7$7 | 100 | ||
| Investment income |
|||||
| From charitable activities |
|||||
| Grants and contracts | 525,109 | 163,965 | 6&&0&4 | 680,339 | |
| Total incoming resources | 533,896 | 163,965 | 697,861 | 680,439 | |
| Resources expended | |||||
| Charitable activities |
|||||
| Advice (unrestricted) | 141,$54 | 141,854 | 69,603 | ||
| Governance (unrestricied) |
41,143 | 563 | 41,706 | 44,807 | |
| Governance costs |
3,414 | 3,414 | 3,222 | ||
| Other resources expended | 317,711 | ~153250 | 470,961 | 587,738 | |
| Total resources expended | 504,122 | 153&813 | 657,935 | 705,370 | |
| Net incoming resources | ~29 774 | 10,152 | 39,926 | 24 931 | |
| Reconciliation offunds |
|||||
| Total funds brought forward | 295,867 | 295,867 | 320,798 | ||
| Total funds carried forward | 325,640 | 10,152 | 335,792 | 295,867 |
| 31.3.23 | 31.3.22 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | ||||
| funds | fund | ||||||
| Notes | |||||||
| Current | assets | ||||||
| Debtors | 9 | 94,875 | 94,875 | 123,351 | |||
| Cash at bank | and in hand | ~292 082 | ~10 152 | 302,234 | 220,329 | ||
| 386,957 | 10,152 | 397,109 | 343,680 | ||||
| Creditors | |||||||
| Amounts | falling due within one year | 10 | (61,316) | (61/16) | (47,813) | ||
| Net current | assets | 325,641 | 10,152 | ~335793 | 295,867 | ||
| Total assets | less current liabilities | 325,641 | 10,152 | 335,793 | 295,867 | ||
| Net assets | 325,641 | 10,152 | 335,793 | 295,867 | |||
| Punds | |||||||
| Unrestricted | funds | 325,641 | 295,867 | ||||
| Restricted | funds | 10,152 | |||||
| Total funds | 335,793 | 295,867 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Cash flows frotn operating activities: |
||||||
| Valet income for the reporting period (as |
per | the statement | offinancial activities) | 39,926 | (24,931) | |
| Adjustments for. |
||||||
| (Increase)! decrease in debtors | 28,476 | (25,530) | ||||
| Increase / (decrease) in creditors |
13,503 | 29,207 | ||||
| Net cash provided by / (used in) operating |
activities | 81,905 | (21,254) | |||
| Change in cash and cash equivalents | in the reporting | period | 81)905 | (21,254) | ||
| Cash and cash equivalents at the beginning |
ofthe reporting | period | 220,329 | 241,583 | ||
| Cash and cash equivalents at the end |
ofthe reporting | period | 3II2 234 | 223 329 |
| Unrestricted | Unrestricted | funds | Restricted Funds | 2023Total | 2022 | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| 8 | |||||||||
| Donations | 8,787 | 8,787 | 100 | ||||||
| Income | from charitable | activities | |||||||
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||||
| Grants and Contracts | Funds | Funds | 8 | Funds | Funds | ||||
| Capitalise | —debt advice | 88,196 | 88,196 | 95,266 | 95,266 | ||||
| London &Quadmnt | Housing | 94,985 | 94,985 | ||||||
| BTSE | 514,809 | 514,809 | 423,765 | 423,765 | |||||
| Clarion | 30,000 | 30,000 | |||||||
| Foodbank | 41,380 | 41,380 | 36,323 | 36,323 | |||||
| National | overflow project | 12,472 | 12,472 | ||||||
| EAP | 10,300 | 10,300 | |||||||
| GLA | 21,917 | 21,917 | |||||||
| 525,109 | 163,965 | 689874 | 468,766 | 226,574 | 680,339 |
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | g | Funds | Funds | g | ||
| Governance | costs | ||||||
| Premises | 911 | 911 | 809 | 809 | |||
| Governance | and other | 2,503 | 2,503 | 2,413 | 2,413 | ||
| Support costs management | |||||||
| Wages | 141,854 | 141,854 | 70,276 | 842 | 71,118 | ||
| Office | 13,803 | 13,803 | 17,057 | 17,057 | |||
| Premises | 11,671 | 11,671 | 10,067 | 10,067 | |||
| Governance | and other | 15,669 | 563 | 16,232 | 16,168 | 16,168 | |
| Other resources expended | |||||||
| Wages | 252,703 | 126,857 | 379,560 | 272,515 | 209,780 | 482,295 | |
| Staffand volunteer | 6,946 | 1,726 | 8,672 | 4,587 | 3,501 | 8,088 | |
| Office | 26,349 | 13,092 | 39,441 | 33,812 | 26,003 | 59,815 | |
| Premises | 31,713 | 11,575 | 43,288 | 21,227 | 16,313 | 37,540 | |
| 504,122 | 153,813 | 657,935 | 448,931 | 256,439 | ~705370 |
| 31.3.23 | 31.3.22 | |||
|---|---|---|---|---|
| K | ||||
| Wages | and | salaries | 521,415 | 553,413 |
| The average | monthly | number ofemployees | during the year was as follows: | ||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Charitable purposes |
17 | 21 | |||
| Management | and administration | 2 | 2 | ||
| 19 | 23 |
| 31.3.23 | 31.3.22 | |||
|---|---|---|---|---|
| Number | ofemployees for whom retirement | benefits are accruing: | 18 | 23 |
| 31.3.23 | 31.3.22 | |||
| 8 | ||||
| Pensions | due for the year: | 30,184 | 30,902 |
| Comparatives for the st |
atement offinancial | activities | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | ||
| funds | fund | 2022 | ||
| Income and endowments | from | |||
| Donations and legacies |
100 | 100 | ||
| Charitable activities |
||||
| Grants and contracts | 453)765 | 226,574 | 680,339 | |
| Total | ~453 865 | ~226 574 | ~680439 | |
| Expenditure on |
||||
| Charitable activities |
||||
| Charitable activities |
445,709 | 256,439 | 702,148 | |
| Other resources expended | 31222 | 3,222 | ||
| Total | 448,931 | 256,439 | 705,370 | |
| Net income/(expenditure) | 4,934 | (29,865) | (24,931) | |
| Reconciliation offunds | ||||
| Total funds brought forward | 290,933 | 29,865 | 320,798 | |
| Total funds carried forward | 295,867 | 295,867 |
| 31.3.23 | 31.3.22 | ||||||
|---|---|---|---|---|---|---|---|
| Prepaymeuts | aod accrued income | ~94 875 | 123,351 | ||||
| 94,875 | 123,351 | ||||||
| Creditors: amounts | falling due | within one year | |||||
| 31.3.23 | 31.3.22 | ||||||
| Trade Creditors | 24,504 | ||||||
| Social security | and other taxes | 9,870 | 13,448 | ||||
| Other creditors | 26,942 | 34,366 | |||||
| 61,316 | ~47 813 | ||||||
| 01ovement in | funds | ||||||
| Net | |||||||
| movement in |
|||||||
| At 1.4.22 | funds | At 31.3.23 | |||||
| 5 | |||||||
| Unrestricted | funds | ||||||
| General fund | 295,867 | 29,773 | 325,640 | ||||
| Restricted fund | 101152 | 10,152 | |||||
| TOTAL FUNDS | 295,867 | 39,925 | 335,792 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement in |
|||||
| resources | expended | funds | |||||
| Ilnrestricted | funds | ||||||
| General fund | 533,895 | (504,122) | 29,773 | ||||
| Restricted funds | |||||||
| Advice | 163,965 | (153,813) | 10,152 | ||||
| TOTAL FUNDS | 697,860 | ~657 935) | ~39925 |
| Comparatives | for movement | for movement | in funds | |||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement in |
||||||
| At 1.4.21 | funds | At 31.3.22 | ||||
| Unrestricted | Funds | |||||
| General fund | 290,933 | 4,934 | 295,867 | |||
| Restricted funds | 29,865 | (29,865) | ||||
| TOTAL FUNDS | ~320 798 | ~24,931) | 295,867 | |||
| Comparative | net movement | in | funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement in |
||||
| resources | expended | funds | ||||
| 8 | ||||||
| Unrestricted | funds | |||||
| General fund | 453,865 | (448,931) | 4,934 | |||
| Restricted funds | 226)574 | (256,439) | (29,865) | |||
| TOTALFUNi | DS | 680,439 | ~705 370) | 24 931 |
| 31.3.23 | 31.3.22 | |||
|---|---|---|---|---|
| 8 | ||||
| Income and endowments | ||||
| Donations | and legacies | |||
| Donations | 8&787 | 100 | ||
| Charitable | activities | |||
| BTSE | 514,809 | 423,765 | ||
| Debt Free London | 88,196 | 95,266 | ||
| Help to Claim | 94,985 | |||
| Clarion | 30,000 | |||
| Foodbank | 41,380 | 36,323 | ||
| National Overflow Project |
12,472 | |||
| EAP | 10,300 | |||
| GLA | ~21917 | |||
| ~689 074 | 680,339 | |||
| Total incoming | resources | 697,861 | 680,439 | |
| Resources | expended | |||
| Governance | costs | |||
| Premises | 911 | 809 | ||
| Governance | and | other | ~2503 | 2,150 |
| 3,414 | 2,959 | |||
| Other resource expended | ||||
| Wages | 379,560 | 482,295 | ||
| Staff& volunteer | 8,672 | 8,088 | ||
| Office | 39,441 | 59,815 | ||
| Premises | 43,288 | 37,540 | ||
| 470&961 | 587,738 | |||
| Support costs-Management | ||||
| Wages | 141,854 | 71,118 | ||
| Office | 13,803 | 17,057 | ||
| Premises | 11,671 | 10,067 | ||
| Governance & | other | 16,232 | ~16 431 | |
| 183,560 | 114,673 | |||
| Totalresources | expended | 657,935 | 705,370 | |
| Niet income | 39,926 | ~24,931 |