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|Contents|Page|
|---|---|
|Reference andAdministrative lnformation|4|
|Report of theTrustees|5|
|lndependentAuditorsReport|2I|
|StatementofFinancialActivities|23|
|Balance Sheet|24|
|StatementofCashFlowsand ConsolidatedStatementofCashFlows|25|
|Notesto theFinancialStatements|26|
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|||2024|2023|
|---|---|---|---|
||Note|UnrestrictedRestricted
FundsFundst
Total
Fundsf|Total
Funds
€|
||t|||
|Income
Donations||1,186
1,186|8,448|
|Othertradingactivities|2|'11,563
11,563|5,791|
|lncomefromcharitableactivities|I|8,584,97758,8508,643,827|7,153,413|
|lnvestmentsincome:interest||||
|receivable||13,893
13,893|9,391|
|Otherincome||2,460
2,460|11,938|
|Total income||8,614,07958,8508,672,929|7,188,981|
|Expenditure||||
|Expenditure on raisingfunds.||||
|FundraisingandpublicitY||37,687
-
37,687|26,482|
|Expenditure oncharitableactivities|5|8,631,082
88,8248,7'19,906|7,477,966|
|Total Expenditure||8,668,76988,8248,757,593|7,504,448|
|Netincome|6|(54,690)
(29,974)(84,664)(315,468)||
|Transfersbetweenfunds|13114|(2,0e1)
2,091||
|Netincome/(expenditure)and net
lnfundsfortheyear|movement|(56,781) (27,833)(84,664)(315,468)||
|Reconciliation offunds||||
|Totalfundsbroughtforward||4,477,68069,9274,547,607|4,863,075|
|Totalfundscarriedforward|13|4,420,89942,0444,462,943|4,547,607|
##
|Balance Sheet
As at31March2024||||
|---|---|---|---|
||Notes|2024|2023|
|||I|Ê|
|Fixedassets||||
|Tangible assets|I|2,413,209|2,597,121|
|Currentassets||||
|Debtors|10|1,715,150|1,153,008|
|Cash at bank and in hand||1,184,399|1,400,870|
|||2,899,549|2,553,878|
|Creditors:amountsfallingduewithinoneyear|11|849,815|603,392|
|Netcurrentassets||2,049,734|1,950,486|
|Total assetslesscurrent liabilities||4,462,943|4,547,607|
|Greditors:Amountsfallingdueafter1year|12|||
|Netassets||4,462,943|4,547,608|
|Funds||||
|Unrestricted funds|13|4,420,899|4,477,680|
|Restricted funds|13t14|42,044|69,927|
|Totalfunds|15|4,462,943|4,547,607|
|Statement ofCashFlowsand ConsolidatedStatementofCash Flows
Fortheyearending 3'lMarch2024|||
|---|---|---|
|Notes|2024|2023|
|Cash usedinoperatingactivities(a)|(204,1e3)|(403,95e)|
|Cashflowsfrominvestingactivities|||
|lnterestincome|13,893|9,391|
|Purchaseoftangiblefixedassets|(26,171)|(5e,082)|
|Cash provided by(usedin)investing activities|(12,278)|(4e,691)|
|Cashflows from financing actívities|||
|Repayment of borrowing|||
|Cash usedinfinancingactivities|||
|lncrease/(Decrease)incashandcash equivalentsinthe year|(216,471)|(453,650)|
|Cashand cash equivalentsatthebeginning of theyear|1,400,870|1,854,520|
|Total cashandcash equivalentsattheend of theyear|1,184,399|'1,400,870|
|(a)Reconciliation ofnetexpendituretonet cashflow|||
|fromoperating activities|||
|Netincome(expenditure)for thereporting period (as perthestatement|(84,664)|(315,468)|
|offinancialactivities)
Depreciation charges
lnterestincomeshownininvestingactivities
Decrease/(increase)in debtors
lncrease/(decrease)increditors|210,083
(13,8e3)
(562,142)
246,423|222,658
(e,3e1)
(211,829)
(8e,e2e)|
|Netcashusedin operatingactivities|(204,193)|(403,e5e)|
|(b)Analysis of cashandcash equivalents:Cashatbankandin hand|1,184,399|1,400,870|
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|Forth|eyear e|nded 31March2024|||
|---|---|---|---|---|
|2.|Other|tradingactivities|2024
Ê|2023t|
||Local
Local|fundraising
fundraising|4,678
6,885|5,441
350|
||||11,563|5,791|
##
||Unrestricted
Ê|Restrictedt|2024f|2023t|
|---|---|---|---|---|
|Learning & Leisure
Central|2,482,861|9,137|2,491,998|2,021,965
22,882|
|Family Support
Housing|207,685
5,894,431|49,713
0|257,398
5,894,431|278,751
4,829,815|
||8,584,977|58,850|8,643,827|7,153,413|
|The breakdownof supportcostsand h
support.
costsisshownin thetablebelow:|ow thesewereallocated between go|ow thesewereallocated between go|vernance and other|vernance and other|
|---|---|---|---|---|
|Gost Type|TotalAllocatedGovernance
relatedsupport||SupportBasisof
costs apportionment||
||Êt|costs|Ê||
|Staff CostsNote8|753,654|37,683|715,971|Staff time.|
|Marketing,fundraisingandpublication
HumanResources|15,582
21,908|779
1,095|14,803
20,813|Staff time.
Staff time|
|Premisescosts|28,071|1,404|26,667|Stafftime|
|lnformation technology
Officerunning costs
Professionalfeesand financecosts|154,316
125,433
9,192|7,716
6,272
460|146,600
119,161
8,732|Stafftime
Staff time.
Stafftime|
|Othersand depreciation|214,849|10,742|204,107|Stafftime|
||1,323,005|66,151|1,256,854||
|Governance costs|||2024|2023|
||||Ê|Ê|
|Governance andprofessional support
Auditfee|for trustees||7,267
27,594|11,433
20,o13|
|Support costs(basedonapportioned
Pernote4(i))|staff time||66,151|
59,446|
||||101,01290,892||
##
|Total governanceandsupport costs||
|---|---|
||Total|
||€|
|Support costs (note4(i)|1,256,854|
|Governancecosts(note4(ii)|101,012|
||1,357,866|
||Staffcosts|Other|||
|---|---|---|---|---|
||Note Sallocatedcosts||2024|2023|
||Ê|Ê|Ê|c|
|Learning & Leisure|217,278|174,195|391,473|367,277|
|Family Support|22,459|18,006|40,465|50,644|
|Housing|513,917|412,013|925,930|877,314|
||753,654|604,214|1,357,868|1,295,235|
##
|Expenditureoncharitab|le activities|||||
|---|---|---|---|---|---|
||||Supportand|||
||Staff costs
NoteIf|Otherdirect
costst|governance
costs
Ê|2024
Ê|2023
f|
|Fundraisingandpublicity|37j02|585|0|37,687|26,482|
|Learning & Leisure|2,012,160|247,014|391,473|2,650,647|2,295,865|
|Central|||||10,715|
|Family Support|274,972|32,474|40,465|347,911|349,712|
|Housing|4,673,687|121,732|925,930|5,721,349|4,821,674|
||6,997,921 401,805 1,357,868|||8,757,594|7,504,448|
|Netmovementinfundsisstated after charging|||
|---|---|---|
||2024|2023|
||€|Ê|
|Auditor'sremuneration-audit(exclusive of VAT)
Underprofessionof auditfee
Depreciation|17,988
210,083|16,680
6,009
222,658|
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|Staff costswereas follows:|||
|---|---|---|
||2024|2023|
||Ê|Ê|
|Salariesandwages
Socialsecuritycosts
Pension costs|5,147,815
404,731
95,153|4,632,713
369,228
93,530|
||5,647,699|5,095,471|
|Agencycosts|2,103,876|1,396,609|
|Total|7,751,575|6,492,081|
|equivale|ntbasis,wasintheexcess of Ê60,000werea|s follows:||
|---|---|---|---|
|||2024|2023|
|||No|No|
|t80,000|-Ê90,000||1|
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|
timeequivalent employees (including casual and part-ti|
me staff) during the yearwasas follows:|||
|---|---|---|---|
||2024|2023||
|LeisureandLearning|60.8|71|5|
|Central
Family Support
Housing|22.0
9.0
175,9|22I
66|0
0I|
||267.7|269.4||
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|Tangible fixedassets||||||
|---|---|---|---|---|---|
||Freehold|Motor|Furniture&|||
||property|vehicle
Ê||equipmentr|Totalt|
|Cost||||||
|At1April2023|3,340,165|112,045||393,473|3,845,683|
|Additions||||26,171|26,171|
|At31March2024|3,340,165|112,045||
419,644|3,871,854|
|Depreciation||||||
|At1April2023|842,636|69,228||336,698|1,248,562|
|Charge for theyear|162,552|11,589||35,942|210,083|
|Al31March2024|1,005,188|80,817||
372,640|1,458,645|
|Netbook value||||||
|At31 March 2024|2,334,977|31,228||47,004|2,413,209|
|At31 March2023|2,49f ,529|42,817||56,775|2,597,121|
|
Forthe|
yearended 31March2024|||
|---|---|---|---|
|10.|Debtors|2024
Ê|2023
f|
||Tradedebtors|1,614,144|988,458|
||Prepayments
Accrued lncome|28,321
37,9'10|50,946
71,132|
||Other debtors|34,775|42,472|
|||1,715,150|1,'153,008|
|11.|Creditors: amountsfallingduewithinoneyear|2024|2023|
|---|---|---|---|
|||f|f|
||Tradecreditors|545,103|252,757|
||Other creditors|30,098|89,483|
||Accruals|271,177|233,715|
||Deferred income|3,437|27,437|
|||849,815|603,392|
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||At1April|||||At31March|
|---|---|---|---|---|---|---|
||2023
Ê|lncome
t|Expenditure
Ê|Transfers
Ê||2024
t|
|Unrestricted funds|||||||
|General funds|1,880,558|8,614,07e|(8,668,769)||181,822|2,007,691|
|Designated Funds:|||||||
|FixedAssetsFunds|2,597,122||||(183,913)|2,413,209|
|Total unrestricted funds|4,477,680|8,614,079|(8,668,769) (2,091)4,420,899||||
|Restricted funds|||||||
|Family Support|16,518|49,713|(52,0s6)||2,091|16,266|
|Learning & Leisure|40,605|9,137|(36,768)|||12,974|
|Central|12,804|||||12,804|
|Total restricted funds|69,927|
58,850|(88,824)||
2,091|42,044|
|Totalfunds|4,547,607|8,672,929|(8,757,593)||0|4,462,943|
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|14.|RestrictedFunds|At1APril
2023
€|lncome
I|Expenditure
Ê|Expenditure
Ê|At31
Transfers
ÊÊ|At31
Transfers
ÊÊ|March
2024|
|---|---|---|---|---|---|---|---|---|
||Family Support
RichardCloudsley-WelfareGrants Programme8,0l7
Family Carer'sReferenceGrouP
FamilyTowerHamlet
-
ParentsForum
D'OylyCarte
'1,000
Lottery Award forAll
2'500
Supportforcarersof allages(R. Cloudesley)
OlderCareerViews
2,500
HampsteadWells& CamdenTrust
2'501
FrancisTrust||7,413
40,500
1,800||(5,165)
(553)
(1,538)
(40,500)
(4,300)|I
1
0
553
834
ua:
(2,501)
2,501||'10,265
000
1
2 500
2,501|
||Subtotal|16,518|49,713||(52,056) 2,091|||16'266|
||Learning&Leisure
BBC CIN-2l"tTrainingProject
ElectricBus Funding
JackPetchey
Juniors|'1,500
3,978
7,351
1,694|5,711
1,081||(1,500)
(3,e78)
(8,466)
(2,775)|||,596
4|
||Siblings
YouthGroup|1,529
1,603|606
1,737||(2,135)
(3,340)||||
||YAG|1,106||||||1,106|
||Siblings Activities
Young Catalyst
YoungCareer Club|8,619
2,291
10,934|2
.||(3,640)
(10,934|||4,981
2,291|
||Subtotal|40,605|9,137||(36,768)|0||12,974|
||Gentral||||||||
||GardenProject
Mayor'sCharity-Donations|6,911
5,763||||||6,911
5,763|
||lndependentLiving-APlus||||||||
||lndependentLiving-CAF
WillsonFundraising|'130||||||130|
||Subtotal|12,804|0||0|0||12,804|
||Total restricted funds|69,927|58,850||(88,824) 2,091|||42'044|
|15.|Analysisofnetassetsbetweenfunds||||||||
||||Unrestricted||||||
|||GeneralDesignated
tt
Restricted
Ê||||||Total
t|
||Tangible fixedassets
Netcurrentassets|2,007,691||2,413,209||42,044|2,413,209
2,049,734||
||Net assets|2,007,691||2,413,20942,044|||4,462,943||
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