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|Contents||||Page|
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|Reference and Administrative
Information|||||
|Report ofthe Trustees|(Incorporating|a Directors'|Report)||
|Independent
Auditor's|Report|||14|
|Statement of Financial|Activities|||17|
|Balance Sheet||||18|
|Statement of Cash Flows||||19|
|Notes to the Financial|Statements|||10|
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||||||||2021|2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Note|Unrestricted|Restricted|Total|Total||
||||||Fullds
f|Fundsf|Funds
f|Funds
f||
|Income||||||||||
|Donations|||||11,495||11,495|8,074|Other|
|trading
activities|||||2,620||2,620|1,520||
|Income from|charitable|activities|||6,211,065|543,8D5|6,754,870|6,821,272||
|Investments|income:
interest|||||||||
|receivable|||||1,833||1,833|8,904||
|Otherincome|||||4,284||4,284|6,029||
|Totalincome|||||6,231,297|543,805|6,775,102|6,845,799||
|Expenditure||||||||||
|Expenditure|on raising funds|||||||||
|Fundraising|and publicity||||35,274||35,274|2,802||
|Expenditure|on charitable||activities||5,691,423|432,475|6,123,898|5,891,731||
|Total Expenditure|||||5,726,697|432,475|6,159,172|5,894,533||
|Net income|||||504,600|111,330|615,930|951,266||
|Transfers between
funds||||13/14|74,785|(75,785)||||
|Net income/(expenditure)|||and net movement|||||||
|In funds for|the year||||579,385|36,545|615,930|951,266||
|Reconciliation
offunds||||||||||
|Total funds brought forward|||||4,072,876|91,173|4,164,049|3,212,783||
|Total funds|carried forward|||13|4,652,261|127,718|4,779,979|4,164,049||
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|As at 3|1Mar|ch 2021||||
|---|---|---|---|---|---|
||||Notes|2021|2020|
|||||6|6|
|Fixed assets||||||
|Tangible assets||||2,905,931|2,430,958|
|Current assets||||||
|Debtors|||10|533,841|935,183|
|Cash at bank|and in|hand||1,973,854|1,247,882|
|||||2,507,695|2,183,065|
|Creditors: amounts||falling due within one year||600,711|414,299|
|Net current|assets|||1,906,984|1,768,766|
|Total assets|less current liabilities|||4,812,915|4,199,724|
|Creditors: Amounts||falling due after 1year|12|32,936|35,675|
|Net assets||||4,779,979|4,164,049|
|Funds||||||
|Unrestncted|funds||13|4,652,261|4,072,876|
|Restricted funds|||13/14|127,718|91,173|
|Total funds||||4,779,979|4,164,049|
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|||||||Notes|2021|2020|
|---|---|---|---|---|---|---|---|---|
|Cash used
in operating
activities (a)|||||||1,392,385|628,746|
|Cash flows from investing|activities||||||||
|Interest income|||||||1,833|8,904|
|Purchase oftangible fixed|assets||||||(665,507)|(1,467,519)|
|Cash provided
by (used in) investing|||activities||||(663,674)|(1,458,911)|
|Cash flows from financing|activities||||||||
|Repayment
of borrowing|||||||(2,739)|(2,542)|
|Cash used in financing
activities|||||||(2,739)|(2,542)|
|Increase/(Decrease)
in cash and cash|||equivalents||in the year||725,972|(832,707)|
|Cash and cash equivalents|at the beginning|||ofthe|year||1,247,882|2,080,589|
|Tata Icash and cash equivalents
at||the end||ofthe|year||1,973,854|1,247,882|
|(a)
Reconciliation
of net|expenditure
to net cash flow||||||||
|from operating
activities|||||||||
|Net income (expenditure)|for the reporting|||period|(as per the statement||615,930|951,226|
|offinancial
activities)|||||||||
|Depreciation
charges|||||||190,534|105,025|
|Interest income shown
in|investing|activities|||||(1,833)|(8,904)|
|Decrease/(increase)
in debtors|||||||401,342|(494,757)|
|Increase /(decrease)
in creditors|||||||186,412|76,116|
|Net cash used
in operating|activities||||||1,392,385|628,746|
|(b)
Analysis of cash and|cash equivalents:|||Cash|at bank and in hand||1,973,854|1,247,882|
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|Other|trading activities|2021|2020|
|---|---|---|---|
|||E|E|
|Local|fundraising|2,620|1,520|
|||2,620|1,520|
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|||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
|||E|E|E|E|
|Learning|lk Leisure|1,009,608|221,130|1,230,738|1,003,675|
|Central|||166,774|166,774|989,404|
|Family Support||6,126|155,901|162,027|234,184|
|Housing||5,195,331||5,195,331|4,594,009|
|||6,211,065|543,805|6,754,870|6,821,272|
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|Cost Type|||||Tota I|allocated|Governance|Support|Basis of|
|---|---|---|---|---|---|---|---|---|---|
||||||||related support|costs|apportionment|
||||||||costs|||
||||||||f|||
|Staff Costs|Note 8|||||535,382|25,575|509,807|Staff time|
|Marketing,|fundraising||and publication|||9,513|763|8,750|Staff time|
|Human
Resources||||||8,221|411|7,810|Staff time|
|Premises costs||||||14,908|745|14,163|Staff time|
|information|technology|||||38,127|1,906|36,221|Staff time|
|Office running
costs||||||68,328|3,416|64,912|Staff time|
|Professional|fees and finance|||costs||29,834|3,754|26,080|Staff time|
|Others and|depreciation|||||208,307|9,585|198,722|Staff time|
|||||||912,620|46,155|866,465||
|Governance|costs|||||||2021|2020|
|||||||||f|f|
|Governance|and professional|||support|for trustees|||46|9,748|
|Audit fee||||||||14,754|16,450|
|Support costs (based on apportioned|||||staff time|||||
|Per note 4|(i))|||||||46,155|42,364|
|||||||||60,955|68,598|
|Total governance||and support||costs||||||
|||||||||Total||
|||||||||f||
|Support
costs (note 4 (i)||||||||866,465||
|Governance|costs|(note|4 (ii)|||||60,955||
|||||||||927,420||
|||Staff costs|Other|||
|---|---|---|---|---|---|
|||Note 8|allocated costs|2021|2020|
|Learning|&Leisure|76,272|55,851|132,123|132,461|
|Family Su|p port|9,135|6,688|15,823|22,423|
|Housing||449,976|329,498|779,474|675,588|
|||535,383|392,037|927,420|830,472|
##
||||||Support and|||
|---|---|---|---|---|---|---|---|
||||Staff casts|Other direct|governance|||
||||Note 8|costs|costs|2021|2020|
||||E|E|f|E|E|
|Fundraising||and publicity|29,514|5,760||35,274|2,802|
|Learning|Br|Leisure|668,418|120,393|132,123|920,934|1,003,817|
|Central|||20,960|52,933||73,893|194,234|
|Family Support|||141,120|39,629|15,823|196,572|196,064|
|Housing|||4,071.,673|81,352|779,474|4,932,499|4,497,616|
||||4,931,685|300,067|927,420|6,159,172|5,894,533|
|Net movement
in fund|s
is stated after charging:|||
|---|---|---|---|
|||2021|2020|
|||f|E|
|Auditor's
remuneration|—audit (exclusive of VAT)|11,250|12,342|
|Under profession ofaudit fees||1,254|1,208|
|Depreciation||190,534|105,025|
##
||2021|2020|
|---|---|---|
||f|f|
|Salanes and wages|4,059,333|3,532,616|
|Socia I security costs|324,063|277,963|
|Pension costs|112,447|85,195|
||4,495,843|3,895,776|
|Agency costs|971,225|1,202,832|
|Total|5,467,068|5,098,608|
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|2021|2020|
|---|---|
|No|No|
|||2021|2020|
|---|---|---|---|
|Leisure|and Learning|25.2|28.6|
|Central||14.0|14.0|
|Family|Support|4.5|5.0|
|Housing||197.7|172.8|
|||241.4|220.4|
##
||Freehold|Motor|Furniture
tk||
|---|---|---|---|---|
||property|vehicle|equipment|Total|
|||6|f|f|
|Cost|||||
|At 1April 2020|2,710,652|107,098|276,678|3,094,428|
|Additions|629,513||35,994|665,507|
|Disposals|||||
|At 31March 2021|3,340,165|107,098|312,672|3,759,935|
|Depreciation|||||
|At 1April 2020|383,255|74,640|205,575|663,470|
|Charge for the year|134,277|10,820|45,437|190,534|
|Disposals|||||
|At 31March 2021|517,532|85,460|251,012|854,004|
|Net book value|||||
|At 31March 2021|2,822,633|21,638|61,660|2,905,931|
|At 31March 2020|2,327,397|32,458|71,103|2,430,958|
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|For|the year ended|31March 2021|||
|---|---|---|---|---|
|10.|Debtors||2021|2020|
||||E|f|
||Trade debtors||489,024|837,919|
||Prepayments||14,890|18,513|
||Accrued income||1,185|17,493|
||Other debtors||28,742|61,258|
||||533,841|935,183|
||Creditors: amounts|falling due within one year|2021
f|2020
E|
||Bank loan||2,691|2,597|
||Trade creditors||212,007|158,314|
||Other creditors||106,466|104,821|
||Accruals||279,547|146,321|
||Deferred income|||2,246|
||||600,711|414,299|
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|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|1 —2years||||||||2,695|2,596|
|2 —5years||||||||9,670|9,181|
|Over 5years||||||||20,571|23,898|
|||||||||32,936|35,675|
|Movement|in|accumulated||funds||||||
||||||At 1April||||At 31March|
||||||2D20|Income|Expenditure|Transfers|2021|
||||||E|E|f|f|E|
|Unrestricted||funds||||||||
|General funds|||||1,258,687|6,231,297|(5,726,696)|15,979|1,779,266|
|Designated|Funds:|||||||||
|Fixed Assets|Funds||||2,395,283|||477,712|2,872,995|
|Building development|||||418,906|||(418,906)||
|Total unrestricted|||funds||4,072,876|6,231,297|(5,726,696)|74,785|4,652,261|
##
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|e year ended 31M|arch 2021|||||
|---|---|---|---|---|---|
|Restricted funds||||||
|Family Support|71,803|159,901|(189,410)||38,294|
|Learning & Leisure|9,243|221,130|(169,378)|3,321|64,316|
|Central|10,127|166,774|(73,687)|(78,106)|25,108|
|Total restricted funds|91,173|543,805|(432,475)|(74,785)|127,718|
|Total funds|4,164,049|6,775,102|(6,159,171)||4,779,979|
##
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|Restricted
Funds|||||At 1April||||At|31March|
|---|---|---|---|---|---|---|---|---|---|---|
||||||2020|Income|Expenditure|Transfers||2021|
||||||6|6|6|E||f|
|Family Support|||||||||||
|Sobell Grant|||||7,234||(7,234)||||
|CAF Resilience
Fund||||||14,548|(14,548)||||
|Richard Cloudsley-Welfare|||Grants Programme||303|16,869|(12,587)|||4,585|
|Family Carer's Reference Group|||||1,936|5,000|(5,262)|||1,674|
|Parents
Forum|||||7,808|20,000|(25,739)|||2,069|
|Islington
Carer's view|||||589||(589)||||
|Lottery Peer to Peer||||||11,000|(11,000)||||
|Support for carers of all||ages||(R.Cloudesley)|12,200|40,000|(45,042)|||7,158|
|Support to carers 65+ (City Bridge Trust)|||||19,281|42,400|(41,835)|||19,846|
|Train the trainers
(John||Cass)|||19,853||(19,853)||||
|Hampstead
Wells &|Camden|||Trust|2,599||(2,599)||||
|Islington
Local Initiatives||Fund||||2,962|0|||2,962|
|London
Community|Response|||Fund Wave 1||3,122|(3,122)||||
|Subtotal|||||71,803|155,901|(189,410)|||38,294|
|Learning &Leisure|||||||||||
|Jack Petchey —21"Birthday Gift||||||750|(750)||||
|Jack Petchey|||||4,399|1,000||||5,399|
|Islington
Giving||||||8,339|(8,339)||||
|Juniors||||||14,860|(8,469)|||6,391|
|Siblings||||||23,657|(11,598)|||12,059|
|Youth Group||||||14,561|(12,353)|||2,208|
|Happy Tuesdays||||||7,473|(4,302)|||3,171|
|YAG||||||15,453|(15,453)||||
##
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|e year ended 31March 2|021|||||
|---|---|---|---|---|---|
|Wednesday
Open||6,761|(4,642)||2,119|
|Friday Social||991|(2,721)|1,730||
|CAF —Covid money||10,752|(10,752)|||
|Young Catalyst|||(1,591)|1,591||
|Music/Cooking
Group||6,224|(2,028)||4,196|
|Wheelchair
Ice Skating||827|(827)|||
|Young Career Club||10,000|||10,000|
|Out 8About||6,023|(2,094)||3,929|
|Tesco Bag Grant||250|(250)|||
|Booster Fund||3,188|(3,188)|||
|Big Lottery Covid 19||73,688|(73,688)|||
|Covid 19Relief Funds||6,333|(6,333)|||
|Electnc Bus Funding|4,844|10,000|||14,844|
|Subtotal|9,243|221,130|(169,378)|3,321|64,316|
|Central||||||
|Volunteer
Project||17,093|(21,965)|4,872||
|Garden Project|9,637||(58)||9,637|
|Mayor's
Charity
—Donations|490|6,578|(1,263)||5,805|
|Building —Phase 3||133,437|(50,469)|(82,978)||
|Independent
Living —A PIus||6,666|||6,666|
|Independent
Living- CAF||3,000|||3,000|
|Subtotal|10,127|166,774|(73,687)|(78,106)|25,108|
|Total restricted funds|91,173|543,805|(432,475)|(74,785)|127,718|
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|||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|
|||General
f|Designated
6|Restricted
6|Total
6|
|Tangible fixed assets|||2,905,931||2,905,931|
|Net current assets||1,779,266||127,718|1,906,984|
|Creditors: amounts|falling due after 1year||(32,936)||(32,936)|
|Net assets||1,779,266|2,872,995|127,718|4,779,979|
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CENTRE 404
A company limlted by guarantee and not having a shar8 capltal
44
31