REGISTERED COMPANY NUMBER: 02553828 (England and Wales) REGISTERED CHARITY NUMBER: 1004608
QED FOUNDATION LIMITED (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
Calvert Dawson Ltd 288 Oxford Road Gomersal Cleckheaton West Yorkshire BD19 4PY
QED FOUNDATION LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Cash Flow Statement | 8 | ||
| Notes to the Cash Flow Statement | 9 | ||
| Notes to the Financial Statements | 10 | to | 17 |
| Detailed Statement of Financial Activities | 18 |
QED FOUNDATION LIMITED
REPORT OF THE TRUSTEES for the Year Ended 31 March 2021
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 2021. 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 2019).
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.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02553828 (England and Wales)
Registered Charity number
1004608
Registered office
Quest House First Floor 38 Vicar Lane Bradford West Yorkshire BD1 5LD
Page 1
QED FOUNDATION LIMITED
REPORT OF THE TRUSTEES for the Year Ended 31 March 2021
Trustees
Achievements and Performance
In achieving its objectives, the charity is engaged in the following projects in 2020-21 financial year:
Into the Mainstream (AMIF)
This 3-year contract, from October 2019 will provide tailored integration and employment training to support 918 potentially economically active third country nationals. Contract value £1.135m over 3 years. IAG, ESOL employability, World of Work, UK orientation, vocational support, cultural & heritage visits and CV preparation are key features of delivery with end of course presentations at local delivery venues. Delivery is across West and South Yorkshire at partner/grass roots community organisation venues. QED will form a partnership Board with Targets: 918 beneficiaries, 39 ESOL courses, 1,836 IAG sessions, 30 World of Work/Employability sessions, 39 cultural/heritage visits, 39 employer visits, 39 certification courses. Delivery of the first ESOL courses will commence in January 2020, following completion of the set-up phase.
Pathways to Integration (AMIF)
This new contract, started on 1 September 2019 until 31 December 2022 to provide tailored integration and employment training to support 345 potentially economically active third country nationals. Contract value £747,101. The programme covers IAG, ESOL seminars and employability workshops.
Barnardo's (See Hear Respond)
A major contract was secured and deliver on a subcontracting basis from Barnard worth £270,000. This was a response to lockdown. Families and children benefited. It was delivered by QED in partnership with schools and community organisations.
English for Everyone
The Shipley College led Bradford TE Consortium secured this additional DCLG contract, valued at £16, 325 for QED for the year. The programme is delivered by qualified, ESOL tutors. The contract value for the 2019/20 financial year is for the delivery of 5 courses, each of 30 guided learning hours for 75 learners in total and 5 activities for 75 different learners. Targets for this contract have been delivered and met.
Future Digital Inclusion
This digital IT programme uses courses/resources from Learn My Way to provide programmes for 67 learners. Provision is delivered at Quest House and Cater House in Keighley for men and women who wish to learn or update their IT skills through a modular based approach. All FDI targets will be met.
Make it Click
A contract which provides face to face/online support for 125 learners who have access to the internet but make limited use of it. Utilising the Digital Skills Directory, the following modules will provide resources for learners to choose to work through: Email, Documents, Spreadsheets, Presentations, Online security and social media. Contract value £5k for 125 learners. This is an 'experimental' programme with google which includes evaluation to better understand the challenges and experiences of emerging IT learners. This contract is progressing well and it is anticipated targets will be met
Lloyds Bank Foundation
This programme links to Future Digital Inclusion in that the requirements are to engage and support 50 learners to develop their IT skills and complete the keeping your personal information secure on-line, make your money work and online and mobile banking courses from Learn My Way. Additionally, QED hosted a 'Get Online' Event during October. Work is underway to ensure all targets are met.
Page 2
QED FOUNDATION LIMITED
REPORT OF THE TRUSTEES for the Year Ended 31 March 2021
Action for Employment
A new project secured by QED in September 2020 for 16 women to follow a tailored employability, ESOL and work orientation course to move into FE, work or closer to the labour market. Grant value: £19,780 over 6 months, to 31 March 2021. All learners will have a tailored IAG action plan which sets employment goals and milestones and seek to address barriers to progression. Each learner will attend 60 hours of skills training and 12 hours of action planning and an employer visit. Started in October 2019 and on course to meet all targets. QED will seek to bid again for a further programme.
Network of Pakistani Organisations (UK) Conference
Following an initial consultation by Mohammed Ali with leaders of British Pakistani led voluntary organisation in October 2018, a national high-profile conference was held in London on 19 November 2019 hosted by the Agha Khan University It was supported by Lottery Board. Over 100 representatives from all over UK attended this event and a report was written up.
A new organisation has been et up supported by QED Foundation to capacity build British Pakistani led community and voluntary sector organisations nationwide. T
GCHQ
QED Foundation led on organising a number of community engagement events for GCHQ in Greater Manchester and London bringing together over 100 community influencers to meet representatives f GCHQ. The purpose of these events was to deepen the understanding of each other which would help GCHQ to promote employment opportunities especially in its new office in Manchester. Several community awareness training events were organised for GCHQ staff up to 31 March 2021,
30 Anniversary and Yorkshire Young Asians Achievements (YAYA) Award 2020
Mohammed Ali persuaded York St John (YSJ) University to be the key sponsors of YAYA awards to be launched at QED Foundations 30th Anniversary to be held on 2 April 2020. The event had to be postponed du. These awards were successfully launched at QED 30the Anniversary online on 11 November 2020.
Company Secretary
M Ali OBE
Independent Examiner
P A Calvert ACA Calvert Dawson Ltd 288 Oxford Road Gomersal Cleckheaton West Yorkshire BD19 4PY
Approved by order of the board of trustees on 2 July 2021 and signed on its behalf by:
S K Pooni - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF QED FOUNDATION LIMITED
Independent examiner's report to the trustees of QED Foundation Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACA which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P A Calvert ACA Calvert Dawson Ltd 288 Oxford Road Gomersal Cleckheaton West Yorkshire BD19 4PY
2 July 2021
Page 4
QED FOUNDATION LIMITED
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 2,265 Charitable activities 3 Grants - Charitable Activities 78,536 Total 80,801 EXPENDITURE ON Raising funds 4 71 Charitable activities 5 Charitable Activities 36,319 Total 36,390 NET INCOME 44,411 RECONCILIATION OF FUNDS Total funds brought forward 220,782 TOTAL FUNDS CARRIED FORWARD 265,193 |
Restricted fund £ - 909,263 - 909,263 26,696 822,722 849,418 59,845 114,548 174,393 |
2021 Total funds £ 2,265 909,263 78,536 990,064 26,767 859,041 885,808 104,256 335,330 439,586 |
2020 Total funds £ 5,134 458,575 85,168 |
|---|---|---|---|
| 548,877 32,493 437,687 |
|||
| 470,180 | |||
| 78,697 256,633 |
|||
| 335,330 |
The notes form part of these financial statements
Page 5
QED FOUNDATION LIMITED
BALANCE SHEET 31 March 2021
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 12 86,801 CURRENT ASSETS Debtors 13 - Cash at bank and in hand 178,392 178,392 CREDITORS Amounts falling due within one year 14 - NET CURRENT ASSETS 178,392 TOTAL ASSETS LESS CURRENT LIABILITIES 265,193 CREDITORS Amounts falling due after more than one year 15 - NET ASSETS 265,193 FUNDS 17 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 21,980 46,003 460,876 506,879 (304,466) 202,413 224,393 (50,000) 174,393 |
2021 Total funds £ 108,781 46,003 639,268 685,271 (304,466) 380,805 489,586 (50,000) 439,586 265,193 174,393 439,586 |
2020 Total funds £ 129,617 94,642 306,246 400,888 (195,175) 205,713 335,330 - 335,330 220,782 114,548 335,330 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
QED FOUNDATION LIMITED
BALANCE SHEET - continued 31 March 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 2 July 2021 and were signed on its behalf by:
S K Pooni - Trustee
The notes form part of these financial statements
Page 7
QED FOUNDATION LIMITED
CASH FLOW STATEMENT for the Year Ended 31 March 2021
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from financing activities New loans in year Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2021 £ 283,022 283,022 50,000 50,000 333,022 306,246 639,268 |
2020 £ 263,193 |
|---|---|---|
| 263,193 | ||
| - | ||
| - | ||
| 263,193 43,053 |
||
| 306,246 |
The notes form part of these financial statements
Page 8
QED FOUNDATION LIMITED
NOTES TO THE CASH FLOW STATEMENT for the Year Ended 31 March 2021
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | OPERATING ACTIVITIES |
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Net income for the reporting period (as per the Statement of Financial | |||
| Activities) | 104,256 | 78,697 | |
| Adjustments for: | |||
| Depreciation charges | 20,836 | 21,384 | |
| Decrease/(increase) in debtors | 48,639 | (18,906) | |
| Increase in creditors | 109,291 | 182,018 | |
| Net cash provided by operations | 283,022 | 263,193 |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1/4/20 | Cash flow | At 31/3/21 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 306,246 | 333,022 | 639,268 |
| 306,246 | 333,022 | 639,268 | |
| Debt | |||
| Debts falling due after 1 year | - | (50,000) | (50,000) |
| - | (50,000) | (50,000) | |
| Total | 306,246 | 283,022 | 589,268 |
The notes form part of these financial statements
Page 9
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
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 2019)', 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.
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.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Leasehold Property straight line over 15 years Equipment straight line over 4 years
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 10
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
| 2. DONATIONS AND LEGACIES Donations 3. INCOME FROM CHARITABLE ACTIVITIES Grants receivable from Government and other public bodies: Specialist Support BAME/ESOL HMRC - JRS/Business Grant Talk English Together See, Hear & Respond English for Everyone NL Grant VRP - Home Office DWP Courses Make it Click Other Grants 4. RAISING FUNDS Raising donations and legacies Staff training Investment management costs Property repairs Depreciation Aggregate amounts |
2021 £ 2,265 |
2021 £ 2,265 |
2020 £ 5,134 |
2020 £ 5,134 |
|---|---|---|---|---|
| 2021 | 2020 | |||
| 11,250 | 146,250 | |||
| 76,436 | ||||
| 18,200 | 37,134 | |||
| 288,365 | ||||
| 18,924 | 38,818 | |||
| 69,058 | - | |||
| 396,330 | 149,013 | |||
| 14,950 | 36,610 | |||
| 5,750 | 10,750 | |||
| 10,000 | 40,000 | |||
| 909,263 | 458,575 | |||
| 2021 £ 71 2021 £ 5,860 20,836 26,696 26,767 |
2020 £ 2,251 2020 £ 8,858 21,384 30,242 32,493 |
continued...
Page 11
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
| 5. CHARITABLE ACTIVITIES COSTS Direct Costs £ Charitable Activities 514,353 6. GRANTS PAYABLE Charitable Activities 7. SUPPORT COSTS Charitable Activities 8. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
Grant funding of activities (see note 6) £ 341,811 |
Support costs (see note 7) Totals £ £ 2,877 859,041 2021 2020 £ £ 341,811 175,310 Governance costs £ 2,877 2021 2020 £ £ 20,836 21,384 |
|---|---|---|
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
continued...
Page 12
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
| 10. STAFF COSTS Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Project management and support No employees received emoluments in excess of £60,000. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,134 Charitable activities Grants - Charitable Activities 85,168 Total 90,302 EXPENDITURE ON Raising funds 2,251 Charitable activities Charitable Activities - Total 2,251 NET INCOME/(EXPENDITURE) 88,051 RECONCILIATION OF FUNDS Total funds brought forward 132,731 |
2021 £ 236,533 150,000 386,533 2021 11 Restricted fund £ - 458,575 - 458,575 30,242 437,687 467,929 (9,354) 123,902 |
2020 £ 152,641 - 152,641 2020 7 Total funds £ 5,134 458,575 85,168 |
||
|---|---|---|---|---|
| 548,877 32,493 437,687 |
||||
| 470,180 | ||||
| 78,697 256,633 |
continued...
Page 13
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds fund £ £ TOTAL FUNDS CARRIED FORWARD 220,782 114,548 12. TANGIBLE FIXED ASSETS Short Computer leasehold equipment £ £ COST At 1 April 2020 and 31 March 2021 279,858 104,328 DEPRECIATION At 1 April 2020 161,149 93,420 Charge for year 18,656 2,180 At 31 March 2021 179,805 95,600 NET BOOK VALUE At 31 March 2021 100,053 8,728 At 31 March 2020 118,709 10,908 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Prepayments and accrued income 46,003 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Trade creditors 48,104 Accruals and deferred income 256,362 304,466 |
Total funds £ 335,330 Totals £ 384,186 254,569 20,836 275,405 108,781 129,617 2020 £ 94,642 2020 £ 195,175 - 195,175 |
Total funds £ |
|---|---|---|
| 335,330 |
continued...
Page 14
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
| 15. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE | THAN ONE YEAR | THAN ONE YEAR | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| £ | £ | ||||
| Bank loans (see note 16) | 50,000 | - | |||
| 16. | LOANS | ||||
| An analysis of the maturity of loans is given below: | |||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Amounts falling due between two and five years: | |||||
| Bank loans - 2-5 years | 50,000 | - | |||
| 17. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/4/20 | in funds | 31/3/21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| Unrestricted Funds | 220,782 | 44,411 | 265,193 | ||
| Restricted funds | |||||
| Restricted Funds | 114,548 | 59,845 | 174,393 | ||
| TOTAL FUNDS | 335,330 | 104,256 | 439,586 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| Unrestricted Funds | 80,801 | (36,390) | 44,411 | ||
| Restricted funds | |||||
| Restricted Funds | 909,263 | (849,418) | 59,845 | ||
| TOTAL FUNDS | 990,064 | (885,808) | 104,256 |
Page 15
continued...
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
17. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds Unrestricted Funds Restricted funds Restricted Funds TOTAL FUNDS |
At 1/4/19 £ 132,731 123,902 256,633 |
Net movement in funds £ 88,051 (9,354) 78,697 |
At 31/3/20 £ 220,782 114,548 |
|---|---|---|---|
| 335,330 |
Comparative net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds Unrestricted Funds 90,302 Restricted funds Restricted Funds 458,575 TOTAL FUNDS 548,877 A current year 12 months and prior year 12 months combined position is as follows: |
Resources Movement expended in funds £ £ (2,251) 88,051 (467,929) (9,354) (470,180) 78,697 |
|---|---|
| Unrestricted funds Unrestricted Funds Restricted funds Restricted Funds TOTAL FUNDS |
At 1/4/19 £ 132,731 123,902 256,633 |
Net movement in funds £ 132,462 50,491 182,953 |
At 31/3/21 £ 265,193 174,393 |
|---|---|---|---|
| 439,586 |
Page 16
continued...
QED FOUNDATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021
17. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| Unrestricted Funds | 171,103 | (38,641) | 132,462 |
| Restricted funds | |||
| Restricted Funds | 1,367,838 | (1,317,347 ) | 50,491 |
| TOTAL FUNDS | 1,538,941 | (1,355,988 ) | 182,953 |
18. RELATED PARTY DISCLOSURES
There is rent payable to a pension scheme in which the company secretary has an interest.
Page 17
QED FOUNDATION LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Charitable activities Grants Other income Total incoming resources EXPENDITURE Raising donations and legacies Staff training Investment management costs Property repairs Short leasehold Computer equipment Charitable activities Wages Pensions Rent and rates and room hire Insurance Light and heat Telephone, IT and website Postage and stationery Advertising Sundries Travel and subsistence Associates Support costs Governance costs Accountancy fees Total resources expended Net income |
2021 £ 2,265 832,827 154,972 987,799 990,064 71 5,860 18,656 2,180 26,696 236,533 150,000 59,128 2,864 5,458 21,133 10,407 10,234 14,738 3,858 341,811 856,164 2,877 885,808 104,256 |
2020 £ 5,134 458,575 85,168 |
|---|---|---|
| 543,743 | ||
| 548,877 2,251 8,858 18,657 2,727 |
||
| 30,242 152,641 - 44,259 3,947 8,484 9,457 4,726 10,869 6,302 19,031 175,310 |
||
| 435,026 2,661 |
||
| 470,180 | ||
| 78,697 |
This page does not form part of the statutory financial statements
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