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2023-03-31-accounts

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Charity registration number 299843

NEIGHBOURS IN POPLAR

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

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NEIGHBOURS IN POPLAR

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Terrence Simco MBE - Chair
Remmie Williams - Vice Chair
Susan Blinman - Treasurer (Appointed on 07 February 2023)
Jessica Darroux
Chelsei Kelly - Poplar HARCA
Michael Zacsinsky
Shirley Meikle (Resigned on June 2022)
Dr Ali Hussain
Alexander Campbell - QVSR CEO
Mary Monica Frost
Lord Michael Cashman
Leonard Sabastian
Michaela Lewis (Appointed on 11 May 2022)
Secretary Susan Blinman (Resigned on 07 February 2023)
Remmie Williams (Appointed on 07 February 2023)
Charity number 299843
Senior Management Mandy Molyneux – Manager
Registered office 113 Poplar High Street
London
E14 0AE
Independent examiner Samir Shah FCA, ATII
Ramon Lee Ltd
Chartered Accountants
93 Tabernacle Street
London
EC2A 4BA
Bankers National Westminster Bank Plc
54 Marsh Wall
London
E14 6LJ
Barclays Bank
260/262 Chingford Mount Road
South Chingford
London
E4 8JN

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NEIGHBOURS IN POPLAR

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 21

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NEIGHBOURS IN POPLAR

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the charity's trust deed, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

To provide care and welfare to persons in need through the provision of amenities and recreation and leisure activities in the interest of social welfare.

Neighbours In Poplar came into being in October 1969, when some concerned people gathered together a large number of senior citizens in Pope John House for a Christmas Party. Because this was so successful and a need had obviously been met, volunteers began to meet regularly, visiting and providing necessary service for people living in the Poplar and Isle of Dogs area, Tower Hamlets, London E14.

OUR VISION STATEMENT AIM:

Our area of concern is Poplar and the Isle of Dogs, keeping flexibility and need in mind.

OUR VISION: Neighbours in Poplar's vision is to enable vulnerable people, especially those living alone and often undocumented, to live fulfilling and meaningful lives. We aim to add quality, wellbeing, a sense of independence and meaning to the days of their lives helping to reduce isolation and loneliness where possible, by growing a sense of community within the areas we cover.

We do this by the development, encouragement and training of dedicated staff and volunteers who visit and provide support for frail people in their homes.

VALUES:

· Welcoming · Willing to go the extra mile
· Respectful · Compassionate
· Honest · Dedicated
· Inclusive · Caring

Our volunteers

Volunteers are essential to the work and services of Neighbours in Poplar. Among other services they provide:

All are DBS checked and receive training to deliver their service! All follow best Health & Safety Practice.

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NEIGHBOURS IN POPLAR

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Achievements and performance

Our main activities for the year ending March 2023 are as follows:

Neighbours In Poplar service users comprise isolated older adults, people with disabilities, disadvantaged families living in poverty and / or with disabled children.

The Clinical Commissioning Group identifies high levels of poor physical and mental health in the area in which we work. Some of the health issues that are over-represented in Tower Hamlets, and which affect many of the people with whom Neighbours In Poplar works, include: heart disease; stroke, cancer; diabetes and smoking-related illness (particularly amongst the Bangladeshi community). A high number of over-60s are 'generally not in good health' and have been affected by the Pandemic.

Neighbours In Poplar develops long-term relationships of trust and friendship with our service users. We have been very effective at 'unpacking' the needs and apprehensions of vulnerable residents and overcoming these. Many of our service users are very reticent about using statutory services — they are proud and independent, and some feel that there is a stigma attached to using Social Services.

Public benefit statement

In shaping our objectives for the year and planning our activities, the trustees have considered the charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PD2). The achievements and activities above demonstrate the public benefit arising through the charity’s activities.

Financial review

The financial results for the year are set out in the Statements of Financial Activities on page 6. The charity recorded an overall deficit of £10,787 (2022 – net deficit of £35,926). The financial position at the year revealed by the Balance Sheet on page 7 shows net current assets or working capital of £213,042 (2022 – £218,700). The net book value of fixed assets held, all of which are used directly for charitable purposes, amounted to £12,185 (2022 – £17,314).

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NEIGHBOURS IN POPLAR

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Reserves policy

The trustees consider it prudent to maintain an adequate level of unrestricted reserves to cover the charity’s contractual commitments and provide sufficient working capital and have set this at a minimum of three months expenditure. The current level of funding is adequate to support the continuation of the charity in the medium term.

As of 31st March 2023, financial statements showed reserves of £225,227 (2022 - £236,014) of which £78,207 (2022 - £164,802) were restricted funds and £70,336 (2022 - £71,212) were unrestricted funds. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are £65,956 (2022 - £64,305).

Principal funding sources

The charity aims to develop a diverse funding base for its activities. Neighbours In Poplar continues to attract funding for its various projects from a wide range of other sources — charitable trusts, private companies, individual donations, London Borough of Tower Hamlets and the charity's own income generating activities.

Investment powers and policy

The trustees have considered the most appropriate policy for investing surplus funds and have found that bank deposit accounts provide the appropriate combination of security, accessibility and income growth.

Structure, governance and management

Governing document

The organisation is an unincorporated association founded in 1969 and registered as a charity with the Charity Commission in 1988 (Charity no. 299843). The charity is established under a written constitution that established the objects and powers of the charity and is also governed under this constitution.

Recruitment and appointment of Trustees

The appointment of trustees is by a majority vote of the members of the Annual General Meeting.

Trustee induction and training

The trustees maintain a good working knowledge of charity and company law and best practice by regular reading of charity press articles and scrutiny of Charity Commission and other Government and voluntary organisation advisory websites. New trustees are given copies of the Memorandum and Articles of Association and copies of previous minutes and attend an induction session given by an experienced Trustee.

Organisational Structure

The charity is governed by a Management Committee that meets bi-monthly. The Management Committee sets and reviews the organisational strategy, direction, staffing and resources. The day-to-day running of the charity is carried out by employed staff led by a manager who has delegated authority to run operations and take financial decisions up to £2,000. All cheque payment has two signatories – two Management Committee members are signatories and the Manager.

The organisation employs 4 full-time and 6 part-time members of staff. In addition, we have over 40 active volunteers who are essential to the delivery of LinkAge Plus and other projects in which the organisation is involved. These are all managed by the Manager.

Risk Management

The trustees actively review the major risks which the charity faces on a regular basis, and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse circumstances. The trustees have also examined the operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

Related parties

Charity receives generous donations from trustees.

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NEIGHBOURS IN POPLAR

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Statement of Trustees' responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The Trustees' report was approved by the Board of Trustees and signed on behalf by:

Sister Christine Frost Trustee

15 January 2024

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NEIGHBOURS IN POPLAR

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEIGHBOURS IN POPLAR

I report to the trustees on my examination of the financial statements of Neighbours In Poplar (the charity) for the year ended 31 March 2023.

This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my Independent Examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Samir Shah FCA, ATII

Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA

Dated: 15 January 2024

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NEIGHBOURS IN POPLAR

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
Designated
Restricted
funds
funds
funds
2023
2023
2023
Notes
£
£
£
Income from:
Donations and legacies
3
27,078
-
-
Charitable activities
4
149,996
-
111,356
Investments
5
450
-
-
Total income
177,524
-
111,356
Expenditure on:
Raising funds
6
18,545
-
-
Charitable activities
7
159,855
-
121,267
Total expenditure
178,400
-
121,267
Net outgoing resources before transfers
(876)
-
(9,911)
Gross transfers between funds
-
76,684
(76,684)
Net expenditure for the year/
Net movement in funds
(876)
76,684
(86,595)
Fund balances at 1 April 2022
71,212
-
164,802
Fund balances at 31 March 2023
70,336
76,684
78,207		 Total
2023
£
27,078
261,352
450
288,880
18,545
281,122
299,667
(10,787)
-
(10,787)
236,014
225,227		 Total
2022
£
41,600
256,918
22
298,540
13,386
321,080
334,466
(35,926)
-
(35,926)
271,940
236,014

CONTINUING OPERATIONS

None of the charity’s activities were acquired or discontinued during the above two financial periods.

TOTAL RECOGNISED GAINS AND LOSSES

The charity has no recognised gains or losses other than the above movement in funds for the above two financial periods.

The notes on pages 8 to 21 form part of these financial statements.

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NEIGHBOURS IN POPLAR

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
14
Unrestricted funds
Designated funds
15
General unrestricted funds		 2023
£
68,050
151,180
219,230
(6,188)
76,684
70,336		 £
12,185
213,042
225,227
78,207
147,020
225,227		 2022
£
42,013
183,336
225,349
(6,649)
-
71,212		 £
17,314
218,700
236,014
164,802
71,212
236,014

The notes on pages 8 to 21 form part of these financial statements.

The financial statements were approved by the Trustees on 15 January 2024 and were signed on its behalf by:

Sister Christine Frost Trustee

Remmie Williams Trustee

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

The charity’s Financial Statements show net deficit of £10,787 (2022 – net deficit £35,926) for the year and free reserves of £65,956 (2022 - £64,305). The trustees are of the view that these results have secured the immediate future of the charity for the next 12 to 18 months and on this basis the charity is a going concern.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

All income is included in the SOFA when the charity is legally entitled to it, receipt is probable, and the amount can be measured with sufficient reliability.

Grant income

Grants are credited to the SOFA when the charity is entitled to the funds. Income is only deferred where there are time constraints imposed by the donor or if the funding is performance related.

Where entitlement to grants receivable is dependent upon fulfilment of conditions within the charity’s control, the income is recognised when there is sufficient evidence that conditions will be met.

Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are included within donations and legacies. Grants that have specific restrictions placed upon their use are included within income from charitable activities.

Capital grants for the purchase of fixed assets are credited to restricted incoming resources on the earlier date of when they are received or receivable. Deprecation on the related fixed assets are charged against the restricted fund.

Donations and legacies

Donations are recognised in the period in which they are received. Legacy income is recognised when the charity’s entitlement is judged to be probable and where the amount can be reliably measured.

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified under the following activity headings:

(a) Cost of raising funds includes staff time used to raise grants and donations and their associated support costs.

(b) Expenditure on charitable activities includes the costs directly associated running a community centre and other community programmes, to further the purposes of the charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance and administration personnel, payroll and governance costs which support the Trust’s programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 8.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The cost of minor additions or those costing less than £500 are not capitalised.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Equipment 25% straight line basis Minibuses 25% reducing balance basis

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The Trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.9 Taxation

The charity is a registered charity and, therefore, is not liable for Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.11 Cash flow statement

The charity qualifies as a small charity and advantage has been taken of the exemption provided by SORP (FRS 102) not to prepare a cash flow statement.

1.12 Volunteers and donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refers to the trustees’ annual report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

3 Donations and legacies

Unrestricted
funds
£
Barry and Phawana Collins Foundation
3,500
Canary Wharf Group
250
Charities Trust
810
Coopers
2,000
Other donations
18,268
Poplar and Limehouse Health Network
-
Poplar Harca
-
The Alexandra Trust
2,250
The Morgan Charitie Foundation
-
The paget trust
-
27,078
For the year ended 31 March 2022
41,600		 Total
2023
£
3,500
250
810
2,000
18,268
-
-
2,250
-
-
27,078		 Total
2022
£
3,000
3,000
-
1,440
9,110
4,000
15,050
-
2,000
4,000
41,600
41,600

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

4 Charitable activities

Healthy
living &
linkage plus
Family and
children's
activities
£
£
Anonymous organisational donations
-
-
Ballymore
-
1,000
Barry and Phawana Collins Foundation
-
3,000
Blackwall reach
-
1,350
Calais trip donations < £1,000
-
750
Canary Wharf Group
3,400
-
Christmas donations < £1,000
410
-
City Bridge Trust
-
-
Coopers
-
-
Covid donations < £1,000
2,350
-
East End Community Foundation
34,400
-
Edmund Frost
-
1,657
Esmee Fairbairn Foundation
-
-
JP McManus Charity Foundation
1,994
2,994
London Borough of Tower Hamlets
25,000
-
Minibus donations
3,340
-
Other donations < £1,000
4,803
-
Riverside Foundation
12,000
-
St John Southworth Caritas Fund
-
11,000
Summer project donations
-
5,408
The Bernard Sunley Foundation
5,000
-
The Clothsworks Foundation
15,000
-
Toynbee Hall
125,496
-
Valero Energy
-
1,000
Wakefield & Tetley Trust
-
-
Worship Company of Tin Plates
-
-
233,193
28,159
Analysis by fund
Unrestricted funds
149,996
-
Restricted funds
83,197
28,159
233,193
28,159
For the year ended 31 March 2022
Unrestricted funds
140,830
-
Restricted funds
94,538
21,550
235,368
21,550		 Total
2023
£
-
1,000
3,000
1,350
750
3,400
410
-
-
2,350
34,400
1,657
-
4,988
25,000
3,340
4,803
12,000
11,000
5,408
5,000
15,000
125,496
1,000
-
-
261,352
149,996
111,356
261,352		 Total
2022
£
6,750
-
-
-
3,000
1,500
-
25,000
1,000
5,081
12,362
-
3,000
5,000
31,250
9,382
5,463
-
10,000
3,050
-
-
122,080
-
3,000
10,000
256,918
140,830
116,088
256,918
140,830
116,088
256,918

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

5
Investments
Unrestricted
funds
£
Bank Interest
450
450
For the year ended 31 March 2022
22
6
Raising funds
Unrestricted
funds
£
Staff costs
7,992
Other direct expenditure
8,045
Minibus expenses
-
Support costs
2,315
Governance costs
193
18,545
For the year ended 31 March 2022
Fundraising and publicity
13,386
13,386		 Total
2023
£
450
450
Total
2023
£
7,992
8,045
-
2,315
193
18,545		 Total
2022
£
22
22
22
Total
2022
£
7,722
3,500
100
1,946
118
13,386
13,386
13,386

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NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

7 Charitable activities

Healthy
living and
linkage plus
Family and
children's
activities
£
£
Staff costs
156,408
-
Depreciation
2,602
-
Minibus expenses
9,154
-
Other direct expenditure
49,619
25,328
217,783
25,328
Share of support costs (see note 8)
31,430
3,654
Share of governance costs (see note 8)
2,622
305
251,835
29,287
Analysis by fund
Unrestricted funds
155,896
3,959
Restricted funds
95,939
25,328
251,835
29,287
For the year ended 31 March 2022
Unrestricted funds
166,312
16,051
Restricted funds
138,717
-
305,029
16,051		 Total
2023
£
156,408
2,602
9,154
74,947
243,111
35,084
2,927
281,122
159,855
121,267
281,122		 Total
2022
£
173,016
3,469
5,776
89,331
271,592
46,666
2,822
321,080
182,363
138,717
321,080
182,363
138,717
321,080

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

8 Support costs

The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Governance costs and other support costs are apportioned separately between charity’s key activity undertaken in the year. All the general support and governance costs have been apportioned to the various charitable activities on the basis of direct costs allocated to each activity.

9 Support
costs
Governance
costs
£
£
Office and administration staff
25,525
-
Depreciation
3,325
-
Premises and equipment cost
-
-
Communication and IT costs
6,945
-
Legal and professional expense
1,604
-
Miscellaneous expenses
-
-
Independent Examiner's fees
-
3,120
37,399
3,120
Analysed between
Fundraising
2,315
193
Charitable activities
35,084
2,927
37,399
3,120
Net movement in funds
Net movement in funds is stated after charging/(crediting)
Depreciation on tangible fixed assets
Independent Examiner's fees
Independent Examination
Other Services		 Total
2023
£
25,525
3,325
-
6,945
1,604
-
3,120
40,519
2,508
38,011
40,519
2023
£
5,927
2,040
1,080
3,120		 Total
2022
£
28,672
3,124
128
8,579
6,650
1,459
2,940
51,552
2,064
49,488
51,552
2022
£
6,593
1,920
1,020
2,940

10 Employees

The average monthly number of staff employed by the charity (full time equivalent) during the year was as follows:

2023 2022
Number Number
Heathy living and Linkage Plus 6.00 6.60
Administration 1.40 1.40
Total 7.40 8.00

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

10
Employees
Employment costs
Salaries
Social security costs
Pension		 (Continued)
2023
2022
£
£
179,232
196,392
9,291
11,604
1,402
1,414
189,925
209,410		 (Continued)
2023
2022
£
£
179,232
196,392
9,291
11,604
1,402
1,414
189,925
209,410
209,410

No trustee or member of the Management Committee received any remuneration or reimbursed expenses during the year (2022 - £Nil).

The key management personnel of the charity comprise the manager. The total employee benefits of the key management personnel of the charity were £39,888 during the year (2022 - £38,610).

There were no employees whose annual remuneration was more than £60,000.

11
Tangible fixed assets
Equipment
Minibuses
£
£
Cost
At 1 April 2022
22,049
69,491
Additions
798
-
At 31 March 2023
22,847
69,491
Depreciation and impairment
At 1 April 2022
15,142
59,084
Depreciation charged in the year
3,325
2,602
At 31 March 2023
18,467
61,686
Carrying amount
At 31 March 2023
4,380
7,805
At 31 March 2022
6,907
10,407
12
Debtors
2023
Amounts falling due within one year:
£
Trade debtors
33,950
Other debtors
31,728
Prepayments
2,372
68,050		 Total
£
91,540
798
92,338
74,226
5,927
80,153
12,185
17,314
2022
£
39,770
-
2,243
42,013

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

13 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Taxation and social security
Trade creditors
Other creditors
Accruals		 2023
£
1,747
733
588
3,120
6,188		 2022
£
3,709
-
-
2,940
6,649

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

14 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds
Balance at
1 April 2021
Incoming
resources
Resources
expended
Balance at
1 April 2022
r
£
£
£
£
Staff costs
76,684
-
-
76,684
Healthy Living & Linkage plus
96,871
94,538
(119,142)
72,267
Family and children's activities
-
21,550
(16,106)
5,444
Capital Grants Fund - Minibus
13,876
-
(3,469)
10,407
187,431
116,088
(138,717)
164,802		 Movement in funds
Incoming
esources
Resources
expended

£
£
-
-
43,197
(86,064)
28,159
(32,601)
40,000
(2,602)
111,356
(121,267)		 Transfers
Balance at
31 March 2023
£
£
(76,684)
-
-
29,400
-
1,002
-
47,805
(76,684)
78,207		 Transfers
Balance at
31 March 2023
£
£
(76,684)
-
-
29,400
-
1,002
-
47,805
(76,684)
78,207
78,207

Description, nature, and purpose of restricted funds:

Healthy Living & Linkage Plus: These two projects have been set up to help improve the quality of lives of the older people in the Isle of Dogs & Poplar and health in the community per se. The funding covers the work of the outreach team and the cost of running the hubs and centres of activities.

Family and children’s activities: This project provides important holiday and family based activities which run throughout the year. These include Christmas, summer and other key community projects, which enable Neighbours In Poplar to keep in touch with the local people of all ages cultures and faiths. This also include the homeless project.

Capital Grant Fund – Minibus: During the year, capital grants received for purchase of minibus amounting to £15,000 from The Clothworks Foundation, £20,000 from East End Community Foundation and £5,000 from Bernard Sunley. The capital grant has been carried forward for purchase of minibus.

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

15 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds
Balance at Incoming Transfers Balance at
1 April 2022 resources 31 March 2023
£ £ £ £
Staff costs - - 76,684 76,684
- - 76,684 76,684

Staff costs: Funding towards staff costs. Balance carried forward represents funds raised towards a manager/ fundraiser post.

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

16 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted
Designated
funds
Restricted
funds
funds
£
£
£
Fund balances at 31 March 2023 are represented by:
Tangible assets
4,380
-
7,805
Current assets/(liabilities)
65,956
76,684
70,402
70,336
76,684
78,207		 Total Unrestricted
Restricted
2023
funds
funds
£
£
£
12,185
6,907
10,407
213,042
64,305
154,395
225,227
71,212
164,802		 Total
2022
£
17,314
218,700
236,014

DocuSign Envelope ID: 8CF1E2A9-967F-4347-B0A8-7EC955A8BC0DDocuSign Envelope ID: FEE21CC9-8FE7-4CF5-B758-9AB9F51A9128

NEIGHBOURS IN POPLAR

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Related party transactions

During the year the charity received donations totalling £3,000 (2022 – £4,000) from one Trustee. Details of transactions with trustees and senior management are in note 10.