| Page | ||||
|---|---|---|---|---|
| Report of | the Trustees | 1 | to | 13 |
| Report of | the Independent Auditors |
14 | to | 17 |
| Statement | of Financial Activities | 18 | ||
| Statement | of Financial Position | 19 | ||
| Statement | ofCash Flows | 20 | ||
| Notes to the Statement ofCash Flows | 21 | |||
| Notes to the Financial Statements | 22 | to | 35 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | funds 6 |
funds I |
funds 6 |
funds I |
|
| INCOME AND ENDOWMENTS FROM Donations and legacies |
3 | 14,397 | 14,397 | 67,116 | |
| Charitable activities Kingston Day &Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture |
552,014 85,000 713,448 210,276 |
37,194 | 552,014 85,000 750,642 210,276 |
558,207 94,216 930,356 196,804 |
|
| Investment income |
~102 845 | ~102 845 | ~i01 073 | ||
| Total | 1,677,980 | 37,194 | 1,715,174 | 1,947,772 | |
| EXPENDITURE ON | |||||
| Charitable activities Kingston Day & Transport Services Kingston Information, Advice &Advocacy Kingston Community Services Kingston Community Furniture |
582,947 74,027 769,781 278,904 |
6,800 32,318 |
589,747 74,027 802,099 278,904 |
388,083 85,311 1,063,732 226,375 |
|
| Total | 1,705,659 | 39,118 | 1,744,777 | I 763 501 | |
| Net gains on investments | ~74 073 | ~74 073 | ~135379 | ||
| NET INCOME/(EXPENDITURE) | 46,394 | (1,924) | 44,470 | 319,650 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 4,133,886 | 22,117 | 4,156,003 | 3,836,353 | |
| TOTAL FUNDS CARRIED FORWARD | ~4180 280 | ~20 193 | ~4200'l73 | ~4156 003 |
| Notes | 2022 6 |
2021I | ||
|---|---|---|---|---|
| FIXEDASSETS Intangible assets Tangible assets |
12 13 |
21,748 1,460,398 |
72,303 1,476,460 |
|
| Investments Investments Investment property |
14 15 |
1,115,844 ~l135000 |
1,040,227 ~1135000 |
|
| 3,732,990 | 3,723,990 | |||
| CURRENT ASSETS Stocks Debtors Cash at bank |
16 17 |
1,000 128,661 ~493617 |
1,000 89,790 ~511655 |
|
| 623,278 | 602,445 | |||
| CREDITORS Amounts falling due within one year |
18 | (155,795) | (170,432) | |
| NET CURRENT ASSETS | ~467 483 | ~432 013 | ||
| TOTAL ASSETS LESS | CURRENT LIABILITIES | 4,200,473 | 4,156,003 | |
| NET ASSETS | ~4200 473 | ~4156 003 | ||
| FUNDS | 21 | |||
| Unrestricted funds: General fund Revaluation reserve Building development Transformation Fund Fair value reserve |
reserve | 1,280,127 182,064 1,200,000 580,000 ~938089 |
1,353,504 182,064 1,150,000 580,000 ~868 318 |
|
| ~4180280 | ~4133886 | |||
| Restricted funds |
~20 193 | ~22 117 | ||
| TOTAL FUNDS | ~4200 473 | ~4156 003 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | 6 | 6 | |
| Cash flows from operating activities Cash generated from operations |
1 | ~119339) | ~160 902 |
| Net cash (used in)/provided by operating |
activities | ~119339) | ~160902 |
| Cash flows from investing activities Purchase of tangible fixed assets Purchase of fixed asset Investments Sale of fixed asset investments Interest received Dividends received Rents received on investment property |
(116,050) 114,506 1,357 26,816 ~74 672 |
(9,000) (99,541) 87,881 1,496 24,905 ~74 672 |
|
| Net cash provided by investing activities |
~101301 | ~80 413 | |
| Change in cash and cash equivalents the reporting period Cash and cash equivalents at the beginning ofthe reporting period |
in | (18,038) ~511655 |
241,315 ~270 340 |
| Cash and cash equivalents at the end of the reporting period |
~493 617 | ~511 655 |
| RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2022 6 |
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2022 6 |
2021I |
|---|---|---|
| Net income for the reporting period (as per the Statement of Financial Activities) |
44,470 | 319,650 |
| Adjustments for: Depreciation charges Gain on investments Interest received Dividends received Rents received on investment property Adjustment to tangible fixed assets (Increase)/decrease in debtors Decrease in creditors |
68,929 (74,073) (1,357) (26,816) (74,672) (2,312) (38,871) ~14637) |
78,228 (135,379) (1,496) (24,905) (74,672) 79,499 ~80023) |
| Net cash (used in)/provided by operations |
~119339) | ~i60 902 |
| ANALYSIS OF CHANGES IN NET FUNDS |
| ANALYSIS OF CHANGES IN NET FU | NDS | ||
|---|---|---|---|
| At 1/4/21 | Cash flow | At 31/3/22 | |
| I | 6 | 6 | |
| Net cash Cash at bank |
~511655 | ~18038) | ~493 617 |
| ~511655 | ~i8 038) | ~493 617 | |
| Total | ~511 655 | ~18038) | ~493 617 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2022 | 2021 | |
| 5 | ||
| Donalions Legacies |
14,397 | 52,761 ~14355 |
| ~14 397 | ~67 116 | |
| INVESTMENT INCOME | 2022 | 2021 |
| 6 | ||
| Rents received Dividends receivable Deposit account interest |
74,672 26,816 ~1357 |
74,672 24,905 ~1496 |
| ~102 845 | ~101073 |
| INCOME FROM CHARITABLE ACTIVITIES | INCOME FROM CHARITABLE ACTIVITIES | |||
|---|---|---|---|---|
| Included in charitable activity income is the following income: |
2022 | 2021 | ||
| 6 | 6 | |||
| Contract income: | ||||
| Royal Borough of Kingston upon Thames |
||||
| Delivery ofServices That Promote Resilience |
and Social | |||
| Connectedness (Outcome 2) Kingston Day and Transport Services Kingston Information, Advice and Advocacy Kingston Community Services |
345,334 80,000 137 869 |
360,192 80,000 ~137869 |
||
| 563,203 | 578,061 | |||
| Royal Borough of Kingston upon Thames Befriending and Social Engagement Project Kingston Community Furniture Covld 19Response |
45,000 | 25,000 45,000 28,750 |
||
| Kingston Primary Care Networks Other contracts |
139,682 29 73~ |
136,119 | ||
| Total contract income | 777 615 | 81'2 750 | ||
| Grant income: | ||||
| NHS South West London - Proactive Anticipatory Care Grant Government Grants - Covid 19Job Retention Scheme The National Lottery Community Fund - RC London and South East Region |
58,391 21,905 |
229,734 96,952 |
||
| (restricted) Royal Borough of Kingston upon Thames - Local Restrictions Grant City Bridge Trust —Covid 19Support —Waves 1and 2 Grants (restricted) Kingston Clinical Commissioning Group - Covid 19Support Grant The National Lottery Community Fund —FANS Project Grant (restricted) Other Grants |
16,657 37,194 5,925 |
89,119 53,126 9,906 40,042 10,000 |
||
| Total grant income | 140072 | 528 879 | ||
| Services income from: Kingston Day and Transport Services Kingston Community Services Kingston Community Furniture |
180,852 342,223 157 170 |
35,449 270,874 ~131631 |
||
| Total services income | 680 245 | 437 954 | ||
| Total Income from charitable activities |
1597932 | 1779583 |
| Support | |||||
|---|---|---|---|---|---|
| Direct | costs (see | ||||
| Costs f |
note 7) f |
Totals f |
|||
| Kingston | Day &Transport Services |
429,759 | 159,988 | 589,747 | |
| Kingston Advocacy Kingston Kingston |
Information, Community Community |
Advice & Services Furniture |
52,966 581,010 ~244 820 |
21,061 221,089 ~34 084 |
74,027 802,099 ~278 904 |
| ~1308 555 | ~436 222 | ~1744 777 | |||
| Comparatlves for Charitable activities costs |
Direct | Support | |||
| costsf | costsf | Totals f |
|||
| Kingston Kingston Kingston Kingston |
Day &Transport Services Information, Advice &Advocacy Community Services Community Furniture |
228,912 54,490 691,363 176472 |
159,871 30,821 372,369 ~49 903 |
388,083 85,311 1,063,732 226 375 |
|
| 1150637 | 612 694 | 1763501 | |||
| SUPPORT COSTS | |||||
| Governance | |||||
| Overheads f |
costs f |
Totals f |
|||
| Kingston Kingston Kingston Kingston |
Day &Transport Services Information, Advice &Advocacy Community Services Community Furniture |
157,213 20,501 217,224 ~33 424 |
2,775 560 3,865 660 |
159,988 21,061 221,089 ~34 084 |
|
| ~428 362 | ~7860 | ~436 222 |
| Governance | ||||
|---|---|---|---|---|
| Overheads | costs | Totals | ||
| 2021 f |
2021 f |
2021 f |
||
| Kingston Kingston Kingston Kingston |
Day &Transport Services Information, Advice &Advocacy Community Services Community Furniture |
157,996 30,461 367,979 49 313 |
1,875 360 4,390 585 |
159,871 30,821 372,369 ~49 903 |
| 605754 | 7210 | 612 964 |
| Net income/(expenditure) is stated after charging/(crediting): |
||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Auditors' remuneration Auditors' remuneration for non audit work Depreciation - owned assets Development costs amortlsation Operating lease —property rent |
6,000 1,860 18,374 50,555 ~54 491 |
5,150 2,060 27,273 50,955 ~29 000 |
| STAFFCOSTS | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Wages and salaries Social security costs Other pension costs |
1,085,194 68,207 ~137520 |
1,083,421 66,672 ~132 885 |
| ~1290921 | ~1282 978 |
| The average monthly number of employees during |
the year was as follows: | |
|---|---|---|
| 2022 | 2021 | |
| Management Start |
4 65 |
4 69 |
| 69 | 73 |
| 2022 | 2021 | ||
|---|---|---|---|
| E60,001 E70,001 |
—E70,000 —E80,000 |
1 | 1 1 |
| E80,001 | - E90,000 |
| 11. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted |
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted |
Restricted | Total |
|---|---|---|---|---|
| funds E |
funds I |
fundsI | ||
| INCOME AND ENDOWMENTS FROM Donations and legacies |
63,316 | 3,800 | 67,116 | |
| Charitable activities Kingston Day &Transport Services Kingston information, Advice &.Advocacy Kingston Community Services Kingston Community Furniture |
558,207 94,216 740,236 196,804 |
190,120 | 558,207 94,216 930,356 196,804 |
|
| investment income |
~101073 | ~101073 | ||
| Tota I | 1,753,852 | 193,920 | 1,947,772 | |
| EXPENDITURE ON | ||||
| Charitable activities Kingston Day &Transport Services Kingston information, Advice &Advocacy Kingston Community Services Kingston Community Furniture |
388,083 85,311 862,274 226,375 |
201,458 | 388,083 85,311 1,063,732 226,375 |
|
| Total | 1,562,043 | 201,458 | 1,763,501 | |
| Net gains on investments | ~135379 | ~135 379 | ||
| NET INCOME/(EXPENDITURE) | 327,188 | (7,538) | 319,650 | |
| Transfers between funds |
~11517 | ~11517) | ||
| Net movement in funds |
338,705 | (19,055) | 319,650 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
3,795,181 | 41,172 | 3,836,353 | |
| TOTAL FUNDS CARRIED FORWARD | ~4133 886 | ~22 117 | ~4156 003 |
| INTANGIBLE FIXED ASSET | S | |||||
|---|---|---|---|---|---|---|
| Development | ||||||
| costs | ||||||
| f | ||||||
| COST At 1 April 2021 and 31 March |
2022 | ~203 817 | ||||
| AMORTISATION At 1 April 2021 Charge for year |
131,514 ~50 555 |
|||||
| At 31 March 2022 | 182069 | |||||
| NET BOOK VALUE At 31 March 2022 |
~21 748 | |||||
| At 31 March 2021 | ~72 303 | |||||
| TANGIBLE FIXEDASSETS | ||||||
| Fixtures | ||||||
| Freehold | Short | and | Motor | |||
| property f |
leasehold f |
fittings f |
vehicles f |
Totals f |
||
| COST | ||||||
| At 1 April 2021 and 31 March 2022 |
~1450000 | ~12 | 080 | ~225 280 | ~82 593 | ~1769953 |
| DEPRECIATION At 1 April 2021 Charge for year Reclasslflcation/transfer |
9,463 2,024 |
219,866 5,314 ~2312) |
64,164 11,036 — |
293,493 18,374 ~2312) |
||
| At 31 March 2022 | ~11487 | ~222 868 | ~75 200 | ~309555 | ||
| NET BOOK VALUE At 31 March 2022 |
~1450000 | 593 | ~2412 | ~7393 | ~1460 398 | |
| At 31 March 2021 | ~1450 000 | ~2617 | ~5414 | ~18429 | ~1476 460 |
| FIXED ASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| 6 | |
| MARKET VALUE | |
| At 1 April 2021 Additions Disposals Revaluations |
1,040,227 116,050 (111,393) ~70 960 |
| At 31 March 2022 | ~1115844 |
| NET BOOK VALUE At 31 March 2022 |
~1115844 |
| At 31 March 2021 | ~1040 227 |
| STOCKS | ||
|---|---|---|
| 2022 | 2021 | |
| 6 | 6 | |
| Stocks | ~1000 | 1000 |
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
|---|---|---|---|---|---|
| f | f | ||||
| Trade debtors Other debtors |
76,873 10,875 |
42,676 9,819 |
|||
| Prepayments and accrued |
income | ~40 913 | ~37 295 | ||
| ~128661 | ~89 790 | ||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| f | f | ||||
| Trade creditors | 23,528 | 43,081 | |||
| Social security and other taxes VAT Other creditors Pensions |
16,457 578 7,193 13,785 |
14,098 2,528 10,187 12,109 |
|||
| Deferred income Accrued expenses |
8,095 ~86 159 |
22,042 ~66 387 |
|||
| ~155795 | ~170 432 | ||||
| ~DHed~I~oe Balance at 1 April 2021 Amounts released to incoming resources Amounts redassified in the year Amounts deferred in the year |
22,042 (20,262) 0 323 |
38,241 (28,241) (10,000) 22 042 |
|||
| Balance at 31 March | 2022 | 0 093 | 22 042 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Within | one year | ~13 170 | |||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | |||||
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| f | f | f | f | ||
| Fixed assets | 1,482, 146 | 1,482, 146 | 1,548,763 | ||
| Investments Current assets Current liabilities |
2,250,844 603,085 ~155795) |
20,193 | 2,250,844 623,278 ~155795) |
2,175,227 602,445 ~170432) |
|
| ~4180 280 | ~20 193 | ~4200 473 | ~4156 003 |
| Comparatlves for net |
Comparatlves for net |
assets between | assets between | assets between | funds | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2020 | |||||||
| funds | funds | Totalfunds | |||||||
| 6 | 6 | 6 | |||||||
| Fixed assets | 1,548,763 | 1,548,763 | |||||||
| Investments | 2,175,227 | 2,175,227 | |||||||
| Current assets Current liabilities |
580,328 ~276 432) |
22,117 | 602,445 ~17tl 432) |
||||||
| 4 133886 | 22 117 | 3 836363 | |||||||
| MOVEMENT IN FUNDS | |||||||||
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1/4/21 | in funds | funds | 31/3/22 | ||||||
| I | I | 6 | 6 | ||||||
| Unrestricted funds |
|||||||||
| General fund | 1,353,504 | (23,377) | (50,000) | 1,280,127 | |||||
| Revaluation reserve |
182,064 | 182,064 | |||||||
| Building development Transformation Fund Fair value reserve |
reserve | 1,150,000 580,000 ~868 318 |
~69771 | 50,000 | 1,200,000 580,000 ~938089 |
||||
| 4,133,886 | 46,394 | 4,180,280 | |||||||
| Restricted funds |
|||||||||
| Kingston Nursing Association Magic Table Purchase/Maintenance |
6,800 2,271 |
(6,800) | 2,271 | ||||||
| The National Lottery (FANS project) |
Community | Fund | ~13046 ~22 117 |
~4876 ~i 924) |
~17922 ~20 193 |
||||
| TOTAL FUNDS | ~4156 003 | ~44 470 | ~4200 473 | ||||||
| Net movement In |
funds, | included | in | the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||||
| resources | expended | losses | in funds | ||||||
| 6 | 6 | 6 | 6 | ||||||
| Unrestricted funds |
|||||||||
| Generalfund Fair value reserve |
1,677,980 | (1,705,659) | 4,302 ~69771 |
(23,377) ~69771 |
|||||
| 1,677,980 | (1,705,659) | 74,073 | 46,394 | ||||||
| Restricted funds | |||||||||
| Kingston Nursing |
Association | (6,800) | (6,800) | ||||||
| The National Lottery (FANS project) |
Community | Fund | ~37 194 | ~32318) | ~4876 | ||||
| ~37 194 | ~39118) | 1924 | |||||||
| TOTAL FUNDS | ~1715174 | ~1744 777) | ~74 073 | ~44 470 |
| Net | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | At | ||||||
| At 1/4/20 | in funds | funds | 31/3/21 | |||||
| f | f | f | f | |||||
| Unrestricted funds |
||||||||
| General fund |
1,600,178 | 191,809 | (438,483) | 1,353,504 | ||||
| Revaluation reserve |
182,064 | 182,064 | ||||||
| Building development |
reserve | 700,000 | 450,000 | 1,150,000 | ||||
| Transformation Fund Fair value reserve |
580,000 ~732939 |
~135379 | 580,000 ~868318 |
|||||
| 3,795,181 | 327,188 | 11,517 | 4,133,886 | |||||
| Restricted funds | ||||||||
| Kingston Nursing Assodation |
3,000 | 3,800 | 6,800 | |||||
| Handyperson | 10,000 | (10,000) | ||||||
| Transport Services Magic Table Purchase/Maintenance |
4,856 2,271 |
(4,856) | 2,271 | |||||
| The National Lottery (FANS project) |
Community | Fund | ~21045 | ~3518 | ~11517) | ~13046 | ||
| ~41 172 | 7 538 | ~21 227 | 22 117 | |||||
| TOTAL FUNDS | ~3836353 | ~319650 | ~4156 003 | |||||
| Comparative net movement |
in funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended f |
losses f |
in funds f |
|||||
| Unrestricted funds |
||||||||
| General fund Fair value reserve |
1,753,852 | (1,562,043) | ~135379 | 191,809 ~135379 |
||||
| 1,753,852 | (1,562,043) | 135,379 | 327,188 | |||||
| Restricted funds | ||||||||
| Kingston Nursing Association |
3,800 | 3,800 | ||||||
| Handyperson | (10,000) | (10,000) | ||||||
| Transport Services |
(4,856) | (4,856) | ||||||
| The National Lottery |
Community | Fund | ||||||
| (FANS project) | 40,042 | (36,524) | 3,518 | |||||
| The National Lottery |
Community | Fund | - RC | |||||
| London and South East Region |
96,952 | (96,952) | ||||||
| Gty Bridge Trust - London Response Fund |
Community | ~53 126 | ~53 126) | |||||
| ~193920 | 201 458 | 7 538 | ||||||
| TOTAL FUNDS | ~1947 772 | ~1763501) | ~135 379 | ~319650 |