2023-03-31-accounts - Paddington Law Centre Limited

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		Page
Reference and administrative details
Report ofthe trustees	2	to	5
Report ofthe independent auditors	6	to	8
Statement ofSnanciat activities
Balance sheet		10
Notes to the Snancial statements	11	to	17

				2023	2022
		Unrestricted	Restricted	Total	Total
	Notes	fund	funds	funds f	fundsf
FIXEDASSETS
Tangible assets		615		615	1,230
CIJRRENT ASSETS
Work in progress	10	25,891		25,891	25,396
Debtors	11	44&732		44,732	14,829
Cash at bank and in hand		8,702	32,066	40,768	55,766
		79425	32,066	111491	95,991
CREDITORS
Amounts falling due within one year	12	(6+78)	(32,066)	(38,644)	(36,943)
NET CURRENT ASSETS		72,747		72,747	59,048
TOTAL ASSETSLESSCURRENT
LIABILITIES		73462		73462	60,278
NET ASSETS		73462		73462	60,278
FUNDS	14
Unrestricted funds				73/62	60,278
TOTAL FUNDS				73462	60,278

	INCOME FROM CH	AR	ITABLE ACTIVITIES	ITABLE ACTIVITIES
			Activity				2023f	2022
	Grants		Legal representation			181,979		173,989
	Legal feesk advice		Legal representation				12,030	6,239
						194,009		180428
	Grants received, included		in the	above, are as follows:
							2023	2022
							f.	f,
	City Bridge Trust							22,401
	Strand Parishes Trust						7,000	10,000
	The Access to Justice Foundation						14,672	50,000
	The London Community	Foundation					4,684
	Westminster Amalgamated		Charity				1,750	5450
	Garden Court Chambers							4,000
	City ofWeslminster						38,465	9,820
	Trust for London						50,625	40,000
	AB Charitable Trust						24,997	15,003
	Westminster Almshouse	Foundation						10,000
	Drapers Charitable Trust						9,191	4,596
	Postcode Society Trust						14,595	2,919
	Allen k Overy Foundation						6,000
	The National Lottery Community			Fund			10,000
						181,979		173,989
3.	CHARITABLE ACTIVITIES			COSTS
								Direct
								Costs
								f,
	Legal representation							149409
4.	SUPPORT COSTS
						Governance
					Other		costs	Totals
							f	f
	Other resources expended				41,634		3,795	45,429
	Support costs, included	in	the above, are as follows:
	Other
						2023		2022
						Other
						I'esolll'ces		Total
						expended f		activities
	Rent Er.rates					15,188		14,679
	Insurance					I	tt50	1,811
	Telephone					1,787		1,878
	Posntge k Stationery					5,102		5,221

	Sundries			860	421
	Repairs &renewals			1,420	600
	Computer costs			8,028	23,249
	Subscriptions			1417	1,365
	Legal &professional	fees		632	612
	Stafftraining			375	889
	Books &publications			3430	4,029
	Travelling			609	65
	Bank charges			221	231
	Depreciation oftangible fixed assets			615	615
				41,634	55,665
	Governance costs
				2023	2022
				Other
				t'esolll'ces	Total
				expenses	activities
	Auditors' remuneration			3,795	3,500
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated atter charging/(crediting);
				2023	2022
	Auditors' remuneration			3,795	3,500
	Depreciation - owned	assets		615	615

STAFF COSTS	STAFF COSTS	STAFF COSTS
The average monthly number ofemployees			during the year was as follows:
				2023	2022
Advice				7	7
No employees received	emoluments	in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
				6	f,
INCOME AND ENDOWMENTS		FROM
Donations and legacies			17,415		17,415
Charitable activities
Legal representation			95,242	84,986	180,228
Total			112,657	84,986	197,643
EXPENDITURE ON
Charitable activities
Legal representation			73,536	84,986	158,522
Other			59,165		59,165
Total			132,701	84,986	217,687
NET INCOME/(EXPENDITURE)			(20,044)		(20,044)
RECONCILIATION	OF FUNDS
Total funds brought forward			80,322		80,322
TOTAL FUNDS CARRIED FORWARD			60,278		60478

					Computer
					equipment
	COST
	At 1 April 2022 and 31March 2023				16,731
	DEPRECIATION
	At I April 2022				15401
	Charge for year				615
	At 31March	2023			16,116
	NET BOOK	VALUE
	At 31March	2023			615
	At 31March	2022			1,230
10.	WORK IN PROGRESS
				2023	2022
					f
	Work-in-progress			25,891	25,396
11.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
				2023	2022
				f
	Trade debtors			4,609	4,609
	VAT			2,946	2,247
	Prepayments	and accrued income		30,000
	Prepayments			7,177	7,973
				44,732	14,829
12.	CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR
				2023	2022
				f	f.
	Trade creditors			1431	1,244
	Social security and other taxes			1,452	1,666
	Accruals and	deferred	income	35,861	34,033
				38,644	36,943

						2023	2022
						5
	Within one year					13,967	13,967
	Between one and five years					4,475	18,442
						18,442	32,409
14.	MOVEMENT IN	FUNDS
						Net
						movement	At
					At 1.4.22	in funds	31.3.23
	Unrestricted funds
	General fund				60478	13,084	73462
	TOTAL FUNDS				60478	13&084	73462
	Net movement in funds, included			in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					6
	Unrestricted funds
	General fund				93,840	(80,756)	13,084
	Restricted funds
	The Access to Justice Foundation				14,672	(14,672)
	Trust for London				50,625	(50,625)
	Drapers Charitable	Trust			9,191	(9,191)
	Postcode Society Trust				14495	(14,595)
	Westminster Amalgamated		Charity		1,750	(1,750)
	City ofWestminster				8,465	(8,465)
	The National Lottery Community			Fund	10,000	(10,000)
	The London Community		Foundation		4,684	(4,684)
					113,982	(113g82)
	TOTAL FUNDS				207,822	(194,738)	13,084