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Report of the Trustees and |
Audited Financial Statements for the Year |
Ended 31 March 2018 |
for |
Greenwich Housing Rights |
REGISTERED COMPANY NUMBER:
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REGISTERED CHARITY NUMBER:
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Report of the Trustees and |
Audited Financial Statements for the Year |
Ended 31 March 2018 |
for |
Greenwich Housing Rights |
Greenwich Housing Rights |
Contents of the Financial Statements |
for the Year Ended 31 March 2018 |
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Page |
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Reference and Administrative Details | 1 |
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Report of the Trustees | 2 to 6 |
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Report of the Independent Auditors | 7 to 8 |
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Statement of Financial Activities | 9 |
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Statement of Financial Position | 10 |
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Notes to the Financial Statements | 11 to 16 |
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Greenwich Housing Rights |
Reference and Administrative Details |
for the Year Ended 31 March 2018 |
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TRUSTEES | S Choudhury (Chair) |
R Grewal (Vice-Chair) (resigned 23.10.17) |
J Hodges (Treasurer) (appointed 22.6.17) |
E Adeleye (resigned 10.5.18) |
R Grewal (appointed 17.5.17) |
H Jenkins (resigned 23.2.18) |
N Letsae |
G Littlewood (Vice Chair) |
O Ogunrinade (resigned 10.5.18) |
C Paget |
M Phillips |
N Smith |
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REGISTERED OFFICE | 36 Wellington Street |
Woolwich |
London |
SE18 6PE |
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REGISTERED COMPANY NUMBER | 01874645 (England and Wales) |
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REGISTERED CHARITY NUMBER | 1089705 |
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INDEPENDENT AUDITORS | Ardor Business Solutions Limited |
Statutory Auditors |
Chartered Certified Accountants |
South View |
Lower Wall Road |
West Hythe |
Kent |
CT21 4NW |
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BANKERS | Unity Trust Bank plc |
Nine Brindleyplace |
Birmingham |
B1 2HB |
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SENIOR MANAGEMENT TEAM | P Okali Director (until 21 January 2019) |
P Robotham Director (from 21 January 2019) |
O Alalade Supervising Solicitor |
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Greenwich Housing Rights |
Report of the Trustees |
for the Year Ended 31 March 2018 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their |
report with the financial statements of the charity for the year ended 31 March 2018. The trustees have |
adopted the provisions of 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 2015). |
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OBJECTIVES AND ACTIVITIES |
Objectives and activities |
The objects of the Charity are 'to relieve poverty of persons in Greenwich and surrounding areas by the |
provision of free advice and assistance concerning housing and accommodation issues; and to advance |
public education about housing matters. ' |
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The main objectives and activities undertaken in relation to these purposes are to: |
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(1) reduce homelessness and improve housing conditions by providing legal advice and representation |
services, including: a specialist advice service open to anyone in housing need in the London Borough of |
Greenwich; a housing possession court duty scheme in Bromley County Court; and a Legal Aid Casework |
and Litigation Service; |
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(2) increase access to quality advice by awareness raising, partnership work and influencing |
decision-makers locally and further afield, including delivery of a partnership based Migrant Hub service; |
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(3) increase employment and career prospects by offering work experience and training in social welfare law |
and legal practice skills. |
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Public benefit |
The Trustees referred to guidance contained in the Charity Commission's general guidance on public benefit |
when reviewing the Charity's objectives and in planning and reviewing our activities. The activities, |
beneficiaries and benefits provided by the Charity are described throughout the sections of this report. |
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Volunteers |
Volunteers make a significant contribution to the work of the Charity. However, due to limited management |
capacity, 35 volunteers were recruited (41 in 2016/17) to assist with the Charity's main services (2 volunteers) |
and to help with the running of the Migrant Hub project (33 volunteers). Volunteers at the Hub help with |
advocacy and support for clients, including submitting grant applications on their behalf. Volunteers also help |
with admin tasks, fundraising and the running of the kitchen. |
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Greenwich Housing Rights |
Report of the Trustees |
for the Year Ended 31 March 2018 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
Reducing homelessness through the provision of legal advice and representation |
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The Charity continues to make a significant contribution to reducing homelessness across Greenwich and |
neighbouring London Boroughs. In 2017/18, we dealt with 3,896 cases and enquiries from 3,009 individuals |
and families. |
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The majority of cases were taken on in the Court Duty Scheme where 82% of clients represented by the GHR |
team were helped to remain in their homes, including almost half of all clients that were facing mandatory |
eviction notices. |
Alongside this work we continued to assist clients in making homelessness applications and successfully |
appealing allocations and homelessness decisions. |
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The Charity continued to support the most vulnerable with 36% of clients being lone parents and 13% of all |
clients having a disability or long-term health condition, rising to 35% of clients receiving Legal Aid casework |
support. |
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There was also a slight increase in the proportion of clients who were home owners/private renting from 16% |
(555 clients) in 2016/17 to 19% (599 clients). |
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Increase access to quality advice through partnership work and influencing decision-makers |
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The number of clients supported by the Charity through the Greenwich Migrant Hub more than doubled from |
288 in 2016/17 to 636 in 2017/18. |
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In July 2017, a long-standing local campaign led by the Local Authority and supported by GHR resulted in a |
County Court Hearing Centre opening at Woolwich Crown Court following the closure of Woolwich County |
Court. This was a significant success for local residents and ensured that the Charity was able to continue to |
provide a high quality HPCDS service. |
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We participated in local and London wide networks and policy forums and we delivered 2 training sessions on |
homelessness and housing tenure as part of the Greenwich Advice Networks annual training programme. |
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Increasing employment and career prospects in social welfare law and legal practice skills |
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The Charity continued its commitment to providing employment and career opportunities for local residents |
and people from diverse communities interested in social welfare law. Our first trainee solicitor recruited and |
supported by the Justice Fellowship Programme of the Legal Education Foundation, successfully qualified as |
a solicitor. We recruited 5 paralegals during the year, quickly picking up skills and making a significant |
contribution to our casework capacity. 3 Paralegals have gone on to secure further development opportunities |
in other organisations. |
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We continued to work with the Greenwich Local Labour and Business (GLLaB) to provide employment |
opportunities for local residents, successfully recruiting a second temp worker and offering permanent |
employment to temp worker recruited through the agency. |
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Volunteer training and development opportunities were provided through the Migrant Hub project with 33 |
volunteers joining during the year. |
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Greenwich Housing Rights |
Report of the Trustees |
for the Year Ended 31 March 2018 |
FINANCIAL REVIEW |
Principal funding sources |
The Charity's principal funding sources are: a Funding Agreement with the Royal Borough of Greenwich |
(RBG); income generated from cases undertaken under our Legal Aid Agency Housing & Debt contract for |
Greenwich; and a Legal Aid contract to deliver the Housing Possession Court Duty Scheme (HPCDS) in |
Bromley County Court. |
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In addition, the Charity receives a number of grants and donations to deliver specific projects and to support |
the general activities of the Organisation, including the Greenwich Migrant Hub. |
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During 2017/18 the Legal Aid and HPCDS contracts were up for renewal. These have now been secured |
along with a further Legal Aid contract in Housing and Debt for Bromley. |
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The RBG grant is up for renewal in 2018/19. |
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Income and expenditure |
Income received in 2017/18 was £434,431, (16/17; £430,693). |
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Expenditure in the year was £482,526 (16/17; £418,514), resulting in a net deficit of £48,095. |
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Reserves and investment policies and plans |
Total funds held at 31st March 2018 are £88,631 of unrestricted reserves (16/17; £136,726). |
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The Charity's Trustees have agreed a reserves policy that will be assessed annually with the aim of ensuring |
the Charity has sufficient funds to cover the following costs if they should arise in the year/two years ahead: |
(1) maintain service delivery in the possible event of a significant loss or downturn in income; (2) cover |
potential redundancy and other winding up costs; and (3) provide 'seed' funding for investment in service |
developments and new projects. |
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For 2018/19 and 2019/2020, Trustees have considered that the main risks arising will be: the retendering of |
the HPCDS and RBG contracts, ending in September 2018 and March 2019; and a potential shortfall in |
income to cover the cost of running the Migrant Hub project. On this basis, Trustees have assessed the |
reserve's requirement for 2018/19 to be £135,600, including: £82,600 to maintain service delivery over a |
two-month notice period; £28,000 to cover possible redundancy costs; and £25,000 to cover a projected |
budget shortfall. |
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The assessed reserve requirement exceeds funds held by the Charity, however the reserves assessment is |
based on a worst-case scenario and Trustees have therefore put in place plans for restructuring and |
additional cashflow monitoring to ensure the Charity always has sufficient funds to cover costs and ensure |
budget surpluses from 2019/2020, which will help build the reserve fund to required levels. |
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Going concern |
Although Trustees are concerned with the level of reserves held, contracts for the Charity's main activities |
have been secured into the 2019/2020 financial year and alongside this, Trustees have put in place plans for |
a restructure that will bring annual budgets into surplus from 2019/2020 ensuring that Greenwich Housing |
Rights remains a going concern. |
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PLANS FOR FUTURE PERIODS |
As of the 31st of December 2018, all 3 of GHR principal sources of income have been secured for at least 18 |
months ahead when the HPCDS contract is likely to be retendered. In preparation for this and to reduce the |
impact of a possible loss of income from this process, Trustees have decided to prioritise the Charity's |
resources on building up our legal aid casework services in Greenwich and Bromley and have therefore taken |
the decision to transfer responsibility for the running of the Migrant Hub project to another provider. The |
project will be transferred to the Lewisham Refugee Migrant Network at the end of 2018/19. |
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Greenwich Housing Rights |
Report of the Trustees |
for the Year Ended 31 March 2018 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, |
limited by guarantee, as defined by the Companies Act 2006. |
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The Organisation is a charitable company limited by guarantee, incorporated 28th December 1984 and |
registered as a charity on 10th December 2001. The Company was established under a Memorandum of |
Association which established the objects and powers of the charitable company and is governed under its |
Articles of Association. In the event of the Company being wound up members are required to contribute an |
amount not exceeding £1. |
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Recruitment and appointment of the Management Committee |
The Directors of the Company are also charity trustees for the purposes of charity law and under the |
Company's Articles are known as members of the Management Committee. Under the requirements of the |
Memorandum and Articles of Association Greenwich Housing Rights has a Management Committee |
comprising not less than five and not more than twenty members. Members of the Management Committee |
retire from office at every Annual General Meeting but are eligible for re-election. |
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The Management Committee seeks to ensure that the needs of the Charity's clients are reflected by the |
diversity of the Trustee body. To enhance the potential of trustees, the Charity constantly seeks to identify |
those in the community with appropriate skills who would be willing to become members and to use their own |
experience to assist the Charity. |
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Induction and training of new trustees |
Trustees are already familiar with the practical work of the Charity but members of staff are always available |
to answer any queries. Formal induction is planned for new trustees appointed at the next Annual General |
Meeting. Trustees are also provided with a comprehensive induction pack, which includes the Management |
Committee's standing orders, key organisational policies and the Charity Commission guide 'How to be an |
Effective Trustee'. Trustees are encouraged to access the Charity Commission website and subscribe to |
Charity Commission and other leading charity email bulletins. |
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Organisational structure |
The Management Committee is responsible for the strategic direction, governance and policy of the charity |
and meets up to 10 times a tear to set strategic goals and receive reports from staff on the performance of |
the organisation and its services. |
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The day to day running of the charity is delegated to the staff team, with the Director providing reports and |
support to the Committee with staff members contributing reports to the Committee as appropriate. In this |
way, the Management Committee seeks to ensure that the charity delivers the services specified and that key |
performance indicators are met. |
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Greenwich Housing Rights |
Report of the Trustees |
for the Year Ended 31 March 2018 |
STATEMENT OF TRUSTEES RESPONSIBILITIES |
The trustees (who are also the directors of Greenwich Housing Rights for the purposes of company law) are |
responsible for preparing the Report of the Trustees and the financial statements in accordance with |
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting |
Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK |
and Republic of Ireland". |
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Company law 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 charitable company and of the incoming resources and application of |
resources, including the income and expenditure, of the charitable company for that period. In preparing |
those financial statements, the trustees are required to |
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- | select suitable accounting policies and then apply them consistently; |
- | observe the methods and principles in the Charity SORP; |
- | make judgements and estimates that are reasonable and prudent; |
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business. |
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The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy |
at any time the financial position of the charitable company and to enable them to ensure that the financial |
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of |
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and |
other irregularities. |
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In so far as the trustees are aware: |
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- | there is no relevant audit information of which the charitable company's auditors are unaware; and |
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the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information. |
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AUDITORS |
The auditors, Ardor Business Solutions Limited, will be proposed for re-appointment at the forthcoming |
Annual General Meeting. |
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This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act |
2006 relating to small companies. |
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Approved by order of the board of
trustees
on
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Report of the Independent Auditors to the Members of |
Greenwich Housing Rights |
Opinion |
We have audited the financial statements of Greenwich Housing Rights (the 'charitable company') for the year ended 31 March 2018 which comprise the Statement of Financial Activities, the Statement of Financial Position and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. |
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In our opinion the financial statements: |
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2018 and of its
incoming resources and application of resources, including its income and expenditure, for the year then ended; |
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'; and |
- | have been prepared in accordance with the requirements of the Companies Act 2006. |
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Basis for opinion |
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and |
applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities |
for the audit of the financial statements section of our report. We are independent of the charitable company |
in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, |
including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance |
with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to |
provide a basis for our opinion. |
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Conclusions relating to going concern |
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to |
report to you where: |
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the trustees' use of the going concern basis of accounting in the preparation of the financial statements
is not appropriate; or |
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the trustees have not disclosed in the financial statements any identified material uncertainties that
may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. |
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Other information |
The trustees are responsible for the other information. The other information comprises the information |
included in the annual report, other than the financial statements and our Report of the Independent Auditors |
thereon. |
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Our opinion on the financial statements does not cover the other information and, except to the extent |
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. |
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In connection with our audit of the financial statements, our responsibility is to read the other information and, |
in doing so, consider whether the other information is materially inconsistent with the financial statements or |
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such |
material inconsistencies or apparent material misstatements, we are required to determine whether there is a |
material misstatement in the financial statements or a material misstatement of the other information. If, |
based on the work we have performed, we conclude that there is a material misstatement of this other |
information, we are required to report that fact. We have nothing to report in this regard. |
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Opinion on other matters prescribed by the Companies Act 2006 |
In our opinion, based on the work undertaken in the course of the audit: |
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the information given in the Report of the Trustees for the financial year for which the financial
statements are prepared is consistent with the financial statements; and |
- | the Report of the Trustees has been prepared in accordance with applicable legal requirements. |
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Matters on which we are required to report by exception |
In the light of the knowledge and understanding of the charitable company and its environment obtained in the |
course of the audit, we have not identified material misstatements in the Report of the Trustees. |
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Report of the Independent Auditors to the Members of |
Greenwich Housing Rights |
Matters on which we are required to report by exception |
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to |
report to you if, in our opinion: |
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adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not visited by us; or |
- | the financial statements are not in agreement with the accounting records and returns; or |
- | certain disclosures of trustees' remuneration specified by law are not made; or |
- | we have not received all the information and explanations we require for our audit; or |
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the trustees were not entitled to take advantage of the small companies exemption from the
requirement to prepare a Strategic Report or in preparing the Report of the Trustees. |
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Responsibilities of trustees |
As explained more fully in the Statement of Trustees Responsibilities, the trustees (who are also the directors |
of the charitable company for the purposes of company law) are responsible for the preparation of the |
financial statements and for being satisfied that they give a true and fair view, and for such internal control as |
the trustees determine is necessary to enable the preparation of financial statements that are free from |
material misstatement, whether due to fraud or error. |
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In preparing the financial statements, the trustees are responsible for assessing the charitable company's |
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using |
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or |
to cease operations, or have no realistic alternative but to do so. |
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Our responsibilities for the audit of the financial statements |
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free |
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors |
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an |
audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. |
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, |
they could reasonably be expected to influence the economic decisions of users taken on the basis of these |
financial statements. |
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A further description of our responsibilities for the audit of the financial statements is located on the Financial |
Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our |
Report of the Independent Auditors. |
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Use of our report |
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of |
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the |
charitable company's members those matters we are required to state to them in an auditors' report and for |
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone |
other than the charitable company and the charitable company's members as a body, for our audit work, for |
this report, or for the opinions we have formed. |
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for and on behalf of
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Statutory Auditors |
Chartered Certified Accountants |
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Lower Wall Road |
West Hythe |
Kent |
CT21 4NW |
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Greenwich Housing Rights |
Statement of Financial Activities |
(Incorporating an Income and Expenditure Account) |
for the Year Ended 31 March 2018 |
31/3/18 | 31/3/17 |
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Unrestricted
funds |
Restricted
funds |
Total
funds |
Total
funds |
as restated |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
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Charitable activities |
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Investment income | 2 |
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Other income |
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Total |
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EXPENDITURE ON |
Charitable activities |
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NET INCOME/(EXPENDITURE) |
( |
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( |
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RECONCILIATION OF FUNDS |
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As previously reported |
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Prior year adjustment | 7 |
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As Restated |
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TOTAL FUNDS CARRIED FORWARD |
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136,726 |
Greenwich Housing Rights |
Statement of Financial Position |
At 31 March 2018 |
31/3/18 | 31/3/17 |
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Unrestricted
funds |
Restricted
funds |
Total
funds |
Total
funds |
as restated |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
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CURRENT ASSETS |
Debtors | 9 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 10 |
( |
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( |
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( |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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NET ASSETS |
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FUNDS | 11 |
Unrestricted funds | 88,631 | 136,726 |
Restricted funds |
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- |
TOTAL FUNDS |
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136,726 |
These financial statements have been prepared in accordance with the special provisions of Part 15 of the |
Companies Act 2006 relating to charitable small companies. |
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The financial statements were approved by
the Board of
Trustees
on
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Greenwich Housing Rights |
Notes to the Financial Statements |
for the Year Ended 31 March 2018 |
1. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, |
have been prepared in accordance with the Charities SORP (FRS 102) '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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard |
applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements |
have been prepared under the historical cost convention. |
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Changes in accounting policies |
Following a review of the recovery of unbilled time costs on Legal Aid Agency work, the trustees |
consider it now appropriate to reflect the likely amounts recoverable as additional accrued income. The |
trustees are of the opinion that the amounts included are stated at least at the relevant recoverable |
amounts. The prior year has been restated to reflect this change in accounting policy. Please refer to |
the note 'Prior year adjustment'. |
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If this change in accounting policy had not been made then the comparative results would have been |
as follows: |
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31.3.18 | 31.3.17 |
£ | £ |
Income | 374,103 | 345,842 |
Net income/(expenditure) | (89,561 | ) | (60,431 | ) |
Net assets at the balance sheet dates | 47,165 | 64,116 |
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Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the |
funds, it is probable that the income will be received and the amount can be measured reliably. |
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Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation |
committing the charity to that expenditure, 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 |
accounted for on an accruals basis and has been classified under headings that aggregate all cost |
related to the category. Where costs cannot be directly attributed to particular headings they have been |
allocated to activities on a basis consistent with the use of resources. |
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Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated |
useful life. |
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Improvements to property |
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Office equipment |
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Assets with an individual cost in excess of £1,000 are capitalised. Those below this amounts are |
treated as a revenue expense in the year of purchase. |
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Taxation |
The charity is exempt from corporation tax on its charitable activities. |
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Greenwich Housing Rights |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
1. | ACCOUNTING POLICIES - continued |
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Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the |
trustees. |
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Restricted funds can only be used for particular restricted purposes within the objects of the charity. |
Restrictions arise when specified by the donor or when funds are raised for particular restricted |
purposes. |
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Further explanation of the nature and purpose of each fund is included in the notes to the financial |
statements. |
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Pension costs and other post-retirement benefits |
The charitable company makes contributions to a multi-employer defined benefit pension scheme. |
Contributions payable to the scheme are charged to the Statement of Financial Activities in the period |
to which they relate. |
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2. | INVESTMENT INCOME |
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31/3/18 | 31/3/17 |
as restated |
£ | £ |
Bank interest received | - | 46 |
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3. | NET INCOME/(EXPENDITURE) |
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Net income/(expenditure) is stated after charging/(crediting): |
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31/3/18 | 31/3/17 |
as restated |
£ | £ |
Auditors' remuneration | 2,510 | 2,400 |
Depreciation - owned assets |
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4. | TRUSTEES' REMUNERATION AND BENEFITS |
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There were no trustees' remuneration or other benefits for the year ended 31 March 2018 nor for the |
year ended 31 March 2017 . |
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Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2018 nor for the year ended |
31 March 2017 . |
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5. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
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31/3/18 | 31/3/17 |
Management | 1 | 1 |
Core charity workers | 9 | 9 |
Administration | 1 | 3 |
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|
|
No employees received emoluments in excess of £60,000. |
|
In addition to the core staff, there were 34 volunteers operating in 2018 (2017: 41). |
|
Greenwich Housing Rights |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
Unrestricted
funds |
Restricted
funds |
Total
funds |
as restated |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
|
|
|
Charitable activities |
|
|
|
|
Investment income |
|
|
|
Other income |
|
|
|
Total |
|
|
|
|
EXPENDITURE ON |
Charitable activities |
|
|
|
|
Total |
|
|
|
NET INCOME/(EXPENDITURE) |
|
( |
) |
|
RECONCILIATION OF FUNDS |
|
Total funds brought forward | 115,357 | 9,190 | 124,547 |
TOTAL FUNDS CARRIED FORWARD | 136,726 | - | 136,726 |
|
7. | PRIOR YEAR ADJUSTMENT |
|
Following a review of the recovery of unbilled time costs on Legal Aid Agency work, the trustees |
consider it now appropriate to reflect the likely amounts recoverable as additional accrued income. The |
prior year has been restated to reflect this change in accounting policy. Please refer to the change in |
accounting policies note. |
|
Greenwich Housing Rights |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
8. | TANGIBLE FIXED ASSETS |
|
Improvements
to property |
Office
equipment |
Totals |
£ | £ | £ |
COST |
At 1 April 2017 |
|
|
|
Additions |
|
|
|
At 31 March 2018 |
|
|
|
DEPRECIATION |
At 1 April 2017 |
|
|
|
Charge for year |
|
|
|
At 31 March 2018 |
|
|
|
NET BOOK VALUE |
At 31 March 2018 |
|
|
|
At 31 March 2017 |
|
|
|
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
31/3/18 | 31/3/17 |
as restated |
£ | £ |
Other debtors |
|
|
Prepayments and accrued income |
|
|
|
|
|
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
31/3/18 | 31/3/17 |
as restated |
£ | £ |
Social security and other taxes |
( |
) |
|
VAT | 8,690 | 4,816 |
Other creditors |
|
|
Accruals and deferred income |
|
|
|
|
|
11. | MOVEMENT IN FUNDS |
|
|
At 1/4/17 |
Prior year adjustment |
Net
movement in funds |
At 31/3/18 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 64,116 | 72,610 | (48,095 | ) | 88,631 |
|
TOTAL FUNDS |
|
72,610 | (48,095 | ) | 88,631 |
|
Greenwich Housing Rights |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
11. | MOVEMENT IN FUNDS - continued |
|
Net movement in funds, included in the above are as follows: |
|
Incoming
resources |
Resources
expended |
Movement in
funds |
£ | £ | £ |
Unrestricted funds |
General fund | 39,970 | (88,065 | ) | (48,095 | ) |
Legal Aid Agency | 222,726 | (222,726 | ) | - |
London Legal Support Trust | 22,000 | (22,000 | ) | - |
|
( |
) | (48,095 | ) |
|
Restricted funds |
RBG SLA: Specialist Housing Advice Service | 121,193 | (121,193 | ) | - |
LEF - Justice Fellowship Programme | 18,542 | (18,542 | ) | - |
RBG SLA: Greenwich Migrant Hub | 10,000 | (10,000 | ) | - |
|
( |
) | - |
|
TOTAL FUNDS |
|
( |
) | (48,095 | ) |
|
|
Comparatives for movement in funds |
|
At 1/4/16 |
Net
movement in funds |
At 31/3/17 |
£ | £ | £ |
|
Unrestricted Funds |
General fund | 115,357 | 21,369 | 136,726 |
|
Restricted Funds |
Access to Justice | 5,000 | (5,000 | ) | - |
London Legal Support Trust Migrant Hub | 4,190 | (4,190 | ) | - |
9,190 | (9,190 | ) | - |
|
TOTAL FUNDS | 124,547 | 12,179 | 136,726 |
Greenwich Housing Rights |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2018 |
11. | MOVEMENT IN FUNDS - continued |
|
Comparative net movement in funds, included in the above are as follows: |
|
Incoming
resources |
Resources
expended |
Movement in
funds |
£ | £ | £ |
Unrestricted funds |
General fund | 86,849 | (65,480 | ) | 21,369 |
Legal Aid Agency | 152,529 | (152,529 | ) | - |
239,378 | (218,009 | ) | 21,369 |
|
Restricted funds |
RBG SLA: Specialist Housing Advice Service | 119,700 | (119,700 | ) | - |
LEF - Justice Fellowship Programme | 35,867 | (35,867 | ) | - |
Access to Justice | - | (5,000 | ) | (5,000 | ) |
London Legal Support Trust Migrant Hub | - | (4,190 | ) | (4,190 | ) |
RBG SLA: Greenwich Migrant Hub | 35,748 | (35,748 | ) | - |
191,315 | (200,505 | ) | (9,190 | ) |
|
TOTAL FUNDS | 430,693 | (418,514 | ) | 12,179 |
|
Funds |
Royal Borough of Greenwich (RBG) Service Level Agreement - Main Grant to support the delivery of |
Specialist Level Housing Advice Services |
|
Royal Borough of Greenwich (RBG) Service Level Agreement - Greenwich Migrant Hub - One Year |
start up funding for the Greenwich Migrant Hub Project |
|
Legal Education Foundation (LEF) - Justice Fellowship Programme - 2 year Funding towards the |
salary and support costs for a Trainee Solicitor |
|
Access for Justice - Project to improve use of ICT in the Court Duty Scheme |
|
London Legal Support Trust Migrant Hub - Start up funding support for the Greenwich Migrant Hub |
Project |
|
12. | CONTINGENT LIABILITIES |
|
The Charitable Company has been notified by the Pensions Trust of the estimated employer debt on |
withdrawal from the Pensions Trust Growth Plan based on the financial position of the Plan as at 30 |
September 2017. As of this date, the estimated employer debt has been calculated at £106,304 |
(£130,308; 2017) |
|
13. | RELATED PARTY DISCLOSURES |
|
During the year the charitable company received consultancy services from RG Consultancy Services |
amounting to £13,275 (creditor at 31 March 2018 - £2,250). |
|