OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

globa action plan OUR LIVES. OUR PLANET. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

GLOBAL ACTION PLAN IS A CHARITY THAT HELPS PEOPLE LIVE MORE SUSTAINABLE LIVES BY CONNECTING WHAT IS GOOD FOR US AND GOOD FOR THE PLANET.

Contents

..................................................................................................................... 3
REFERENCE & ADMINISTRATIVE DETAILS: .......................................................................................... 3
1.
STRUCTURE, GOVERNANCE AND MANAGEMENT .................................................................... 4
2.
OBJECTIVES AND ACTIVITIES .................................................................................................... 11
3. ACHIEVEMENTS AND PERFORMANCE .................................................................................... 16
4. FINANCIAL REVIEW ................................................................................................................... 24
5. FUTURE PLANS .......................................................................................................................... 30
RESPONSIBILITIES .................................................................................. 34
INDEPENDENT AUDITOR'S REPORT..................................................................................... 36
ANNUAL ACCOUNTS
...
42
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE
ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 ........................................................................ 43
BALANCE SHEET AS AT 31 MARCH 2021 ......................................................................................... 44
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 .......................................... 45
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 .............................................. 46

2

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

TRUSTEES REPORT

REFERENCE & ADMINISTRATIVE DETAILS:

Name: Global Action Plan Company number: 2838296 Registered Charity in England & Wales: 1026148 Registered Charity in Scotland: SC041260 Principal Address and Registered Office: 201 Borough High Street, London, SE1 1JA

DIRECTORS AND BOARD OF TRUSTEES:

The directors of the charitable company (the Charity) are its trustees for the purposes of charity law and throughout this report are collectively referred to as the Trustees . Trustees are elected by the members of the company each year at its AGM. The Trustees serving during the year and since the year end were as follows:

Jeremy Oppenheim Chair Lisa Poole Jonathan Katz Treasurer & Secretary Tom Rippin Andy Cartland Deputy Chair Sue Welland Murray Birt Jennette Arnold OBE Tim Brooks Clover Hogan Ellen Miles (resigned on 13[th] April 2021)

KEY MANAGEMENT:

The Board of Trustees delegate the day to day running of the organisation to a Senior Management Team comprising:

Sonja Graham CEO Charlotte Zamboni Director of Marketing Gail Freeman Director of Development Larissa Lockwood Director of Clean Air

PROFESSIONAL ADVISERS

BANKERS: The Co-operative Bank, 10 Warwick Lane, London, WC4M 7BP Triodos Bank, Deanery Road, Bristol, BS1 5AS

AUDITORS: Crowe U.K. LLP, 55 Ludgate Hill, London, EC4M 7JW

3

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

1. STRUCTURE, GOVERNANCE AND MANAGEMENT

Global Action Plan (GAP) is registered as a charity in both England & Wales and in Scotland. GAP is a company limited by guarantee, incorporated on 22 July 1993. Its governing document is its Memorandum and Articles of Association. The company is established to promote the protection and improvement of the natural environment by increasing public knowledge and understanding of human behaviour which is not harmful to man and other living species or planetary ecology.

1.1 BOARD OF TRUSTEES

The governance of the Charity is overseen by a Board of 6-12 Trustees (the Board).

1.1.1 OPERATING STRUCTURE:

The main Board meets four times each year. The meetings are held virtually and where possible also in person way-day is held in the spring to develop the strategic areas for the year to come.

1.1.2 BOARD MAKE-UP

TENURE: Trustees have a three year tenure with standard trustees able to be reappointed once and Officers (Chair, Treasurer, Secretary and Deputy Chair) able to be reappointed twice - subject to Board diversity targets and skill/experience needs being met and unanimous vote from the rest of the Board.

EQUITY, DIVERSITY AND INCLUSION: We aim to have a Board which is nationally representative of the UK population in terms of:

We also have a ring-fenced position for an 18-23 year old trustee to ensure youth input.

SKILLS AND EXPERIENCE: Trustees are recruited to fill specific skill-sets and experience areas identified as required in our 3-5 year strategy to ensure the effective forward-looking management of the organisation. The skills/experience areas sought and covered in 2020-21 were:

• Skillsets:

4

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

1.1.2 BOARD RECRUITMENT AND INDUCTION:

ADVERTISEMENT: All Trustee recruitment is posted publicly with 4 weeks application time. Each position requires specific skills and experience as identified by the 3-5 year strategy and current Board make-up. Vacancies are signposted in locations that encourage applications from candidates with diverse backgrounds and experience - in line with our Board EDI policy.

SELECTION: Potential Trustees are short-listed by the Executive team with the top 3 candidates meeting CEO and a Trustee. The best fit for the organisation (rated on values alignment, skills/experience fit and the added diversity in background and experience they will bring to the current board) is subsequently invited to attend one meeting as an observer. Subject to the potential Trustee being approved by a majority of existing Trustees they are appointed to the Board at the next meeting.

INDUCTION: s. They are provided with a thorough induction pack and given the option to attend external Trustee governance training. Particular support is given to the Youth Trustee position with regards to legal responsibilities and Board working methods with another Trustee assigned as a mentor.

1.1.3 REMUNERATION OF KEY MANAGEMENT:

The Board sets the remuneration of the CEO, who is subject to an annual appraisal process. Their salary is benchmarked against this position in other similar sized charities.

The CEO sets the salaries of the Senior Management Team who in turn set the salaries of the wider staff team. Salaries are reviewed annually, taking into account performance against objectives set, and benchmarked every other year against roles in other similarly sized charities. GAP is fortunate to have the assistance of an experienced volunteer a former senior HR specialist, in this process which is led by the CEO, on behalf of the Board.

5

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

1.2 BUSINESS PLANNING

There are annual business plans that move the organisation towards its vision in line with a longer term 3 year strategy. These annual business plans are created using the following annual process:

Figure 1 GAP Business planning timeline

1.3 PARTNERSHIPS AND COLLABORATION

Where appropriate, Global Action Plan creates strategic partnerships with other charities and organisations to meet its objectives. These partnerships are usually to deliver specific projects, and the parameters for the partnership are set out within a Letter of Agreement or Memorandum of Understanding if the partnership is significant.

Notable partnerships and collaborations in 2020-21 include:

6

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

1.4 RISK MANAGEMENT

The Board is responsible for ensuring that there is an appropriate procedure in place for risk management. The current process is detailed below and is reviewed by Trustees annually.

RISK MANAGEMENT - ANNUAL RISK REGISTER REVIEW: At the start of each year the
PROCESS
This process is led by the
CEO with input from the		 CEO creates a risk management plan using the latest
recommendations from the Charity Commission and other
bodies. As part of this:
Senior
Management		 o All possible risks are logged in a risk register.
Team and overseen by o Each risk is assessed for its likelihood and the impact it
the Treasurer. could have on the organisation.
o All risks are assigned an owner and mitigation strategies
and contingency plans are created.
The Board reviews the full risk register and risk management plan in
their Q1 Board meeting and advises on any changes that they would
like to see to risk mitigation, management and reporting models.
- MONTHLY REVIEW:Each month the CEO reviews operational,
financial, legal and external risks contributed to by the Cross
Organisational Groups (see section 1.5). Any increases to major
risks are escalated to the Board.
- QUARTERLY REVIEW:Each quarter the Treasurer meets with the
CEO and finance team to review risks and financial forecasts.
The Board is updated on all risks and it advises on any areas
where they feel controls or mitigation plans need strengthened.

1.4.1 CURRENT MAJOR RISKS

GAP has identified the following major risk areas for 2021-22 :

  1. Rapid growth of organisation creates issues (Impact/likelihood)

  2. GAP has increased its staff team since the beginning of 2021-22 to a headcount of 39. This is an exciting growth period for us and reflects the confidence and support of our funders

7

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

in our mission. We have been putting in processes and tools over the last few years to prepare for organisational growth from our virtual communications channels (slack & zoom) through to centralising our contact and project management (salesforce). However, a larger organisation requires considerably more management and brings with is a number of specific risks detailed below:

Going into 2021-22 we are still expecting to have our delivery effected by Covid-19 implications, the main sub risks identified are as follows:

MITIGATION: We have factored in considerable extra support for our youth programmes this year with new regional positions to help make engagement easier

8

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

for teachers and students and funding pots available for additional resources to support schools make changes they might not have found budget for given the increased competition. We will be prioritising support to schools serving the most disadvantaged communities (as defined by % of students eligible for free school meals). N.B. Uptake of current programmes is however encouraging and, with the increased attention given to the environment with COP26 proceedings this year this risk may not play out.

MITIGATION: We have increased the flexibility of how/where team members work permanently with new policies that allow for working around ad hoc caring needs. We are also bringing on an additional HR support role to help ease the pressure on the central team in managing increased HR administration.

1.5 CREATING A STRONG & RESILIENT ORGANISATION

We divide the management of our operations into five key areas:

The Senior Management Team are accountable for organisation Governance and Finance and then four additional areas are each managed by a Cross Organisation Group (COG). These COGs report into the Senior Management Team on a quarterly basis to update on their plans (which are approved annually), escalate risks and flag new risks for inclusion on the central risk register. The COGs also lead monthly all-staff updates on their area and quarterly training/collaboration sessions to ensure broader ownership of plans.

9

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Current priorities for each management area are shared below:

DEVELOPMENT reliance on any source or type.

OPERATIONS

INSIGHTS

INFLUENCE • Bring together different actors across sectors to coordinate clear, credible

AND and high profile calls for change in aid of our influencing aims.

NETWORKS

10

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

2. OBJECTIVES AND ACTIVITIES

2.1 OUR CHARITABLE PURPOSE

Global Action Plan was founded in 1993 as the UK member of the Global Action Plan international network. The Global Action Plan International network was set up in the late 80s on the shared belief that radical changes to consumption were needed to address the pressing environmental and social challenges faced, and that people were the key to achieving this. This belief stands firm today.

Each member operates autonomously but works with the network to share insights and tools and work together on international projects.

A world where everyone is consuming within the VISION and enjoying happier and healthier lives.

To help people see, believe and act on the big winMISSION win that what is good for us is good for the planet.

Our organisational values are not just words on a wall. They are a VALUES project decision making tool, a code of conduct, an organising principle, a recruitment lens: We challenge the Radical change is needed. We dare to think big and re-imagine how we live and work to bring about real shifts in behaviour and norm tackle systemic issues not symptoms. We get stuff happy with talk, we want action, today. done We share openly[We are honest, straight talking and open. Whether data, ideas, ] projects or tools we seek to share and collaborate for bigger impact. We look out for We care about the planet and also the people who live on it. We have fun on our mission and make sure that no one gets left behind each other along the way.

11

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

2.2 THE ISSUES WE ADDRESS

We currently focus our work on two major issues that affect the health of people and planet:

We believe that we substitutions to products or behaviour. Moving all cars to EV or swapping to eco-goods to serve our online shopping habit will not cut it. Ultimately, we must dig deeper and look at the fundamental values, drivers and assumptions that are destructive to human and planetary health and reimagine them.

The large majority of solutions for addressing air pollution are key for addressing the climate and ecological crisis - from more active and public transport to renewable heating, community-led planning and more green space. As such, we believe efforts to reduce air pollution provide a tangible, compelling route to address climate change; harnessing the combined benefits of better health and better environment to mobilise cross-sector efforts to advocate for rapid change.

12

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

2.3 PRINCIPAL ACTIVITIES

We organise our work into two mission areas each addressing one of the two issues detailed above, however increasingly our projects and campaigns are starting to tackle both:

2.31 POST-CONSUMERISM

We are working to address the damage caused by consumerism to the world but also to people. Our work is particularly aimed at young people. In the age of social media, young people are constantly exposed to the idea that who they are and what they have is not enough - and this is contributing to a mental health epidemic.

We have 3 strategic objectives within our Post-consumerism work:

  1. Challenge the systemic drivers of consumerism and unsustainable practise. We seek to expose and h and to demonstrate that change is possible through smart challenges to apparently impenetrable systems. By doing this we aim to make it unattractive for business and political decision makers to stand still and create the right environment for regulatory and business model change.

Our current focus is on online advertising. We chose to focus on this specifically because children are being targeted with unprecedented levels of advertising online, much of it precision targeted and highly manipulative. This leads to impulse purchasing and drives emotional insecurities in young people. Virtually no rules exist to regulate the impact of these practices on children despite that fact that time online is now a significant part of their daily s we are calling on the Government to ban surveillance advertising to all internet users. We are also calling for websites popular with children to ds to 10% of social media content.

Our current focus is on the UK tv/film sector. Our initiatives aim to both affect supply and demand for radically different, positive and sustainable future narratives raising the ambition from the lower impact production and eco product placement focus seen currently.

13

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

Our current focus is on young people largely those in full time education helping them to see that they are part of a silent majority who care deeply for people and planet. We support them and the teachers who guide them, with tools, mechanisms and moments to take action on local environmental and social issues and call out the forces that try to get them to do otherwise.

Our main projects in this area are Transform Our World and Dirt Is Good see achievements section for more details.

2.32 CLEAN AIR

We are working to fuel the clean air movement, mobilising and enabling people and organisations to act to reduce air pollution and protect their health, and to put pressure on policymakers and major polluters to make the urgent system change required.

We have three strategic objectives within our clean air work:

  1. Inform and encourage people to change their behaviour to reduce air pollution and protect their health By informing people about the benefits of clean air (and the risks of air pollution), helping to make action on pollution easier, more attractive and socially expected.

Projects in this area include: Clean Air Day Clean Air Hub - -stop-shop for everything the public needs to know about air pollution.

  1. By selling the benefits of action and helping organisations to identify actions, develop plans and implement measures to tackle air pollution. The agency of organisations includes improving their own operations, influencing suppliers and customers and using their collective voice to call for policy change.

14

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

Projects in this area include: Business for Clean Air an initiative to help businesses cut air pollution; the Clean Air Schools Framework, Lambeth Schools Project and London Schools Pollution Helpdesk supporting schools to tackle air pollution; Clean Air Hospital Framework and pilot projects with health professionals on providing air pollution advice to protect patient health from air pollution.

  1. Pushing policymakers and major polluters for major pollution reductions By generating insights into what people and organisations really want and need and taking this coordinated call for action from under-heard voices (schoolchildren, parents, health professionals and businesses), and demonstrating that thousands within these action from government and major polluters

Projects in this area include: Cleaner Air for Communities - fostering community action on - air pollution; the School Run Scandal lobby government on decarbonisation of transport and Build Back Cleaner Air a clean air rapid response to Covid-19.

15

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

3. ACHIEVEMENTS AND PERFORMANCE

GAP adapted quickly to the restrictions put in place at the beginning of our 2020-21 year as a result of Covid-19; moving to virtual working easily and changing to virtual delivery routes to enable us to deliver the vast majority of our activities without altering targets. This means we have largely been able to deliver against our impact ambitions and are incredibly proud of our wide array of achievements this year.

Measuring our achievements.

We currently use 4 key measures to assess the impact we are having at a high level in our two mission areas and record outcomes and milestones against these;

The levels of public understanding of an issue and public support for action MEASURE 1 on that issue

Organisations joining the movement to lobby for change and/or mobilise MEASURE 4 action

We also capture a huge number of specific measures in each project, from physical changes like environmental improvements and carbon reductions to softer changes in participants of our programmes including life satisfaction and feelings of peer support.

The following sections list the progress we have made against our high-level measures:

3.1 POST-CONSUMERISM

MEASURE 1: Levels of public understanding of an issue and public support for action on that issue

Milestones:

16

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

  1. We carried out research on a nationally representative section of 1,053 16-34 year olds which demonstrated that 77% of young people wanted to see more environmental issues included in drama programmes on TV and 76% are worried that environmental issues are not getting enough exposure on TV.

  2. We reached 53.5 million through 164 articles in the broadcast sector media with articles in publications including Variety, the Independent and Televisual highlighting the need for more positive stories of a sustainable future in drama and comedy.

    1. making a drama out of a crisis hosted with the Royal Television Society, BAFTA Albert and Richard Curtis.

  5. A partnership with MTV showcasing short creative concepts from young film makers showing a positive sustainable future had over 1 million video views, with a reach of over 2.7 million.

MEASURE 2: Mobilisation of individuals and institutions making environmental improvements

Milestones:

17

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

  1. Generation Action: how to unleash the potential of young people to take positive action and create a better world for all overwhelmingly compassionate, and they care deeply about people and planet. But sadly, they under-estimate how compassionate their peers are, and this leads them to take less action on causes they care about. The research was promoted to education and wellbeing leaders encouraging them to put compassionate values at the heart of environmental education through a webinar with 364 attendees and through an education sector media campaign (9 articles reaching 369,816) and through social media (reaching over 130,000).

  2. This research, alongside the existing research on how best to inspire social and environmental action in young people has informed the design of our new global Dirt Is Good schools programme, and online Dirt Is Good Academy. So far 283 schools have already signed up for the schools programme which will launch in the UK in October 2021. The schools programme is due to launch in Chile, India and Thailand in the next 12 months.

MEASURE 3: Environmental improvement through national policy, regulations and enforcement

Milestones:

18

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Outcomes:

• End Surveillance Advertising to Kids (ESAK):

The campaign has contributed to Facebook announcing a slew of changes across Facebook, Messenger and Instagram intended to better protect under 18s on their platforms so it will no longer be possible for marketers to target under 18s based on their interests or their activity on other apps and websites (i.e. surveillance advertising). Although not exactly a national regulatory outcome, Facebook is huge in itself and this move should give national policy platforms that serve targeted advertising.

MEASURE 4: Organisations joining the movement to lobby for change and/or mobilise action

Outcomes:

• End Surveillance Advertising to Kids (ESAK):

has put together a powerful new coalition of 25 influential individuals and organisations across . campaigned to the End Surveillance Advertising To Kids (ESAK). The Coalition worked together to send a joint letter demanding major tech firms turn off targeted advertising to under 18s (media coverage 147 million reach) and also on the various events and reports mentioned above.

3.2 CLEAN AIR MOVEMENT ACHIEVEMENTS

MEASURE 1: Levels of public understanding of an issue and public support for action on that issue

Outcomes

Since 2018, this data has been collected quarterly in partnership with Opinium, and is a nationally representative sample of the UK population.

19

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Milestones:

The Hub is designed to be the go-to public information source on air pollution and has received 94,000 views, with another 17,000 accessing Clean Air Hub information from the personal air pollution calculator that we launched in September 2020. It is also the site referred to by ITV for any viewers needing more information on the subject.

MEASURE 2: Mobilisation of individuals and institutions making environmental improvements

Outcomes:

This data was collected by Opinium through a nationally representative sample. Although we cannot take the sole credit for these changes many organisations have played their part, it does suggest that Clean Air Day is helping to encourage behavioural change that protects health and reduces air pollution.

20

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Milestones / contributing activities:

We launched the Business for Clean Air Initiative, providing a practical steer for business action on clean air, and by the end of the year 17 corporates have signed up to commit to understanding and addressing their impact on air pollution. Alongside B4CA we launched the Clean Air Recovery Essentials to help businesses incorporate opportunities for clean air into Covid-19 recovery plans.

We ran a series of online and face-to-face events to support citizen-led groups in three London boroughs to campaign and act on air pollution through the Cleaner Air for Communities programme and

21

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

MEASURE 3: Environmental improvement through national policy, regulations and enforcement

Outcomes:

Milestones:

MEASURE 4: Organisations joining the movement to lobby for change and/or mobilise action

Milestones:

22

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

  1. Coordinated an event on behalf of the All-Party Parliamentary Group on Air Pollution on the topics of the role of business.

  2. Clean Air Day:

  3. Number of Clean Air Day organisational Supporters increased to 270.

  4. Galvanised and reinvigorated 2,200 Clean Air Day Participants (individuals and organisations) including through Clean Air Day LIVE.

  5. Clean Air - Schools:

  6. Launched the National Schools Air Pollution Taskforce with the aim of ensuring that all UK schools have a clean air plan in place and the funding needed to bring down pollution to WHO standards by end 2025.

  7. Coordinated an event on behalf of the All-Party Parliamentary Group on Air Pollution on the topics of schools

23

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

4. FINANCIAL REVIEW

4.1 OVERVIEW

Global Action Plan generated a deficit in 2020-21 of £285,572 (2019-20 surplus of £359,666), of which £393,580 was from restricted funds, resulting in an unrestricted surplus for the year of £108,008 (2019-20 surplus of £103,338). Total reserves at 31[st] March 2021 were £462,664, with £193,500 of restricted reserves and £269,164 of unrestricted reserves.

Income in 2020-21 was £1,634,214, a 19% decrease from 2019-20, which benefited from the £177,272 of donated funds that resulted from the merger with London Sustainability Exchange (LSx). In addition, there was a 16% decrease in funding for our Clean Air portfolio, which was impacted by the Covid-19 pandemic. However, income in our Post-consumerism portfolio was at a similar level to last year, and both commercial organisations and trusts & foundations continued to fund the projects that were in progress, or for which we had just won funding, at the start of the Covid-19 pandemic.

The deficit for the year was the result of delivering projects for which restricted funding was received in the prior year. The most significant of these was the KR Foundation funded Flickers of the Future project, where £240,790 was brought forward from last year. The project was originally planned to be completed in 2020-21, but the Covid-19 pandemic has resulted in an extended timeline and £116,500 was carried forward at 31[st] March 2021. However, the Clean Air for Schools programme, funded by the Philips Foundation, was completed in the year and the brought forward restricted reserve of £169,645 fully utilised. In addition, the £70,000 of funding for the Transform Our World project was utilised in the year. Overall, restricted reserves reduced by £393,580.

A number of projects were partly financed from unrestricted reserves. The most significant was the Ad-Free Childhood campaign, where funding from the Joseph Rowntree Charitable Trust was supplemented by £28,987 from unrestricted reserves. Transfers from unrestricted to restricted reserves totalled £72,160 in 2020-21, very similar to the £73,722 in the prior year.

4.2 SIGNIFICANT FUNDERS

24

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

much needed financial stability during an uncertain year.

Funding of £49,500 from the Joseph Rowntree Charitable Trust enabled the Ad-Free Childhood campaign to be launched.

Funding of £185,850 was secured in the prior financial year from the #iwill Fund, an initiative of the National Lottery Community Fund and DCMS, for a new programme called Transform Our World - a new hub full of free, practical resources for teachers. A restricted reserve of £70,000 carried forward at 31[st] March 2020 was utilised in the year. This was supplemented by a grant of £30,000 from the Garfield Weston Foundation, of which £21,000 has been carried forward as a restricted reserve at the year end.

A grant of £18,000 to take part in the Green Influencer Scheme was secured from the Ernest Cook Trust (supported by the #iwlll Fund). The grant part funds a Green Mentor post and £14,000 has been carried forward as a restricted reserve at the year end.

In December 2018 GAP won funding of DKK3.1m (approximately £365,000) from the KR Foundation for a youth wellbeing project Flickers of the Future a competition that aims to harness the creativity and passion of early career filmmakers and scriptwriters to develop a film or series that showed a positive human vision of a sustainable future. At 31[st] March 2020 a restricted reserve of £240,790 was carried forward. The project was originally planned to be completed in 2020-21, but the Covid-19 pandemic has resulted in an extended timeline. The decision was made to use the remaining funding to develop the best three competition entries into short three minute films. The £116,500 carried forward at 31[st] March 2021, together with the final 10% of the grant funding, will enable this to be accomplished and the project completed.

The Clean Air Hub is an online resource to provide information about the health impacts of air pollution and was set up using initial funding from DEFRA. This initiative was supported by Kusuma Trust UK last year and the £22,500 of restricted funding carried forward at 31[st] March 2020 was utilised in the year. An additional £20,000 grant was received from DEFRA during the year to support the Clean Air Hub and £17,500 of this funding has been carried forward as a restricted reserve at the year end.

25

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

Guy's and St Thomas' Charity were a significant funder in 2020-21. In April 2020 they awarded a grant of £93,500 to undertake research in London on air pollution and Covid-19. In October 2020, a further grant was awarded to run the Lambeth Schools Clean Air Pilot project and funding of £120,875 has been received, of which £20,000 has been carried forward as a restricted reserve at the year end.

The John Ellerman Foundation awarded GAP a three year grant to support our Clean Air Team and the first £48,000 instalment was received in April 2020.

The balance of the funding, totalling £28,572, was received from the FIA Foundation for the Clean Air Schools initiative and, together with the £8,000 brought forward restricted reserve from last year, enabled the project to be completed.

The next £24,000 instalment of the Trust for London grant for the Cleaner Air 4 Communities programme was received, of which £13,500 was carried forward as a restricted reserve at 31[st] March.

Clean Air projects and programmes linked to Clean Air Day continued to secure significant funding from commercial organisations, with a total of £284,180 recognised in the Statement of Financial Activities in 2020-21. This included £40,520 from the members of the Business Clean Air Taskforce.

The Pollinator Paths project was completed during 2020-21, while further funding of £56,303 was received for the Brentford Together project. However, the Covid-19 pandemic delayed the delivery of this project and the next tranche of funding. As a consequence, the programme was supported with £12,537 from unrestricted reserves. The Brentford Together project has now been redesigned with an air quality theme and will form part of the Clean Air portfolio from 2021-22.

26

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

from the Artemis Charitable Foundation and £8,500 from Kusuma Trust UK as well as a total of £30,025 from commercial organisations.

Donated Services totalled £48,480, of which £41,480 was pro-bono PR and communications support for Clean Air and Post-consumerism projects and £8,000 was further pro-bono research into air quality from research services company Opinium.

Coronavirus Job Retention Scheme in the early months of the Covid-19 crisis and the £36,091 received is included in Other trading activities in the Statement of Financial Activities.

4.3 REVENUE PARTICIPATION AGREEMENTS

Global Action Plan continued to make repayments to Esmée Fairbairn Foundation and CAF Venturesome under the terms of the renegotiated December 2010 revenue participation gross unrestricted income.

Based on the actual and projected future financial performance of the Charity the loan was revalued at 31[st] March 2021 which resulted in a credit of £8,829 (2020: £9,554) to the Statement of Financial Activities. At 31[st] March a loan balance of £12,441 was outstanding. The revenue participation agreements conclude on 31[st] March 2022.

4.4 RESERVES POLICY

-term objective is to generate unrestricted reserves equal to three months expenditure. Based on the current size of the Charity, this would amount to circa £500,000. This is our target because a high percentage of our cost base (51% in 2020- 21) is payroll cost and, as a result, a period of at least three months is necessary for the organisation to restructure itself to cope with a sudden downturn in income.

During 2020-21 Global Action Plan generated an unrestricted surplus of £108,008 for the year, compared with a surplus of £103,338 in 2019-20, which enabled our unrestricted reserves to increase to £269,164.

At 31st March 2021 GAP had a total of £193,500 of restricted reserves. The most significant of these was a balance carried forward of £116,500 which related to the Flickers of the Future programme, funded by the KR Foundation. The other, smaller, reserves carried forward are described in section 4.2 above. The expenditure related to the delivery of these programmes is budgeted to take place during 2021-22, with the expenditure spread throughout the year.

27

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

4.5 FINANCIAL CONTROLS

The following controls are in place to ensure that we continue to operate with positive working capital and generate a financial surplus.

INCOME • COSTING STAFF TIME:Standard minimum day rates for each role
are derived each year from the approved budget. These rates are
designed to cover staff direct costs plus a proportion of overheads
and are used for all bids and commercial contract negotiations.
Use of lower day rates requires approval from
CEO.
• PLANNING SURPLUS:All private-sector projects use the above
method to build in a contribution to charitable surplus
if
standard rates are used then this should result in a 20%
contribution.
FINANCIAL REVIEW • WEEKLY CASHFLOW:The Finance Director reviews a detailed cash
flow forecast weekly.
• MONTHLY MANAGEMENT ACOUNTS:The CEO and Treasurer
review the monthly management accounts, which include a
comparison of actual performance with budget, plus a six-month
cash-flow forecast, including the sales pipeline, on a monthly
basis.
• BOARD REVIEW:The Board receives management accounts each
month and these are discussed in detail, together with the sales
pipeline, at quarterly Board meetings.
PREFORMANCE • A forecast of financial performance for the year is prepared on a
CHECK POINTS quarterly basis for the Board and presented and discussed
alongside the sales pipeline of grant funding bids and
commercial proposals submitted.
• The Senior Management Team review past performance from a
financial and impact perspective at both project and
departmental level on a quarterly basis. Together with quarterly
income and delivery projections this forms the basis of
recruitment decisions.
EXPENDITURE • A financial authority limits policy is in place setting out levels of
expenditure for approval by the Board, the Senior Management
Team and senior staff.

28

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

4.6 2021-22 BUSINESS PLAN & GOING CONCERN

The annual business planning process is overseen by the Board and managed by the Senior Management Team.

Ambitious 2021-22 Business Plan to increase income and staffing by over 50%: Although the Charity adapted quickly and was successful in attracting new funders and retaining existing ones, the Covidbusiness plan in 2020-21. As a consequence, the business plan for 2021-22, approved by the Board in early March 2021, anticipated substantial income growth and staff team expansion. Income is budgeted to increase by over 50% compared with 2020-21 and by circa 25% compared with the 2019-20 pre-pandemic income. The staff team is planned to grow substantially with 39 positions budgeted compared with an average of 24 in 2020-21. The budget targeted a further £100,000 unrestricted surplus which would take our reserves to £369,000, closer to our target of 3 months operating costs of £500,000.

Close to 50% of this income was already secured at the time the budget was presented, which gave the Board the confidence to approve this ambitious budget, despite the uncertainties around the continuing impact of Covid-19.

Latest forecasts show full year income targets almost achieved 3 months into the financial year, giving confidence in our growth plans: We update our financial forecast on a regular basis. The most recent was completed in July. With 94% of the income for the year already secured at that point indications are that we are on track to achieve and likely exceed the business plan, and budgeted unrestricted surplus. This model with the latest income data forms the basis for our cash-flow projections.

Cashflow projections give confidence of stable cash position as far as end of financial year 2022-23: Although most of our income beyond the end of this financial year has still to be secured, we have prepared a budget for 2022-23 in order to complete a cash-flow projection. Over 25% of the income in this budget is already secured, a substantial improvement on recent years. This early draft of our budget for 2022-23 has income 15% lower than is forecast for 2021-22, but retains all of the staff we have recently recruited to deliver our increased income. Consequently, it is a conservative break-even budget, which will likely be more ambitious when presented to the GAP Board in March 2022. However, the cash-flow projection shows a sufficient cash reserve throughout the next 20 months, to 31[st] March 2023 at least, to give the Trustees confidence that GAP can withstand an income shortfall and continue as a going concern for the foreseeable future.

29

REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2021

A big thank you to our supportive funders: GAP meets its day to day working capital requirements from cash reserves and has a small overdraft facility with the Co-operative Bank, which is repayable on demand. We are very grateful to have a number of funders who provide grants or payment schedules in advance of the delivery of their programmes. The positive impact of this can be seen in the cash balance of £703,636 the Charity held at 31[st] March 2021. Our thanks in particular to the KR Foundation, and Esmée Fairbairn Foundation whose funding has helped us weather the impact of Covid-19 during 2020-21.

5. FUTURE PLANS

5.1 THE ISSUES WE WILL ADDRESS

In 2021-22 we will be continuing with our existing focus on tackling the root causes of two major environmental and social issues - consumerism and air pollution because:

POST-CONSUMERISM:

Within our Post-consumerism work, the changes we continue to focus on:

  1. Challenging the systemic drivers of consumerism and unsustainable practise Specifically we will be building on our End Surveillance Advertising to Kids work through:

  2. continuing our influencing efforts to get surveillance advertising banned in the UK

  3. facilitating youth grass roots campaigning to get youth lived experience of the issue in front of decision makers to raise its profile

  4. increasing international collaboration efforts on surveillance advertising and business models reliant on it to capitalise on collective skills, capacity and also make the most of specific national/regional opportunities

  5. working with schools to trial routes to create new cultural norms within their schools and communities that support young people and their families to recognise drivers of consumerism, their impacts and choose healthier, more sustainable options.

30

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

  1. Creating alternative narratives and visions that inspire change.

Specifically we will continue our focus on working with the film & broadcast sector:

Specifically, we will be:

And centrally to all the above, ensure that enhancing compassion is seen as the means by which we challenge and ultimately override consumerism as the prevailing narrative.

CLEAN AIR:

Within our Clean Air work, we continue to work towards out strategic objectives focusing on the following changes:

  1. Inform and encourage people to change their behaviour to reduce air pollution and protect their health

  2. Improving public understanding and action on air pollution through creative communications, campaigns and resources.

  3. Developing the public appetite for governmental and business action on air pollution, and the number of people doing what is within their power to cut pollution.

31

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

  2. Minimising the number of schools in air pollution hotspots by providing support to schools resources to schools at the local, regional and national level.

  3. Working with healthcare organisations to reduce the number of hospitals in air pollution hotspots and with health professionals to provide air pollution advise to vulnerable patients.

  4. Increasing the number of businesses adopting policies and practices that reduce pollution.

  5. Pushing policymakers and major polluters for major pollution reductions

  6. Empowering communities to recognise and realise their vision for clean air by calling for and acting on air pollution in their local areas

  7. Utilising insights and mobilise stakeholder voices to call for changes to the policy landscape in the UK and at the global level to make it easier and more attractive for businesses, other institutions and individuals to changes practices to minimise pollution.

5.2 OUR APPROACH:

We will continue to manage the organisation in the way set out in in this document with a focus on keeping our strong staff culture whilst we grow. In addition, we will be doing the following:

Continuing to join forces where possible for greater impact.

We will continue to dedicate much time and effort to collaboration, because we know that e successful in tackling these deep-rooted issues than any one player alone. As such, much of our activity will be designed to inspire more organisations and funders to join the cause, as well as providing more support to enable everyone pushing for the same changes we seek to be as effective as possible.

Building our skills and capacity to deliver our mission:

We will be continuing to build our ability to lobby and influence political decision makers and so will be adding further strategic campaigning roles to the organisation. We will also be building our school support network across the UK with new regional positions in the Midlands, North and South to provide much needed extra resource to students and their teachers in what will - To build our capacity to support our fast growing organisation we are adding to our core support team with new roles in impact measurement, major gift fundraising and HR and increasing our training of senior staff in financial and legal literacy and effective line management.

32

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Putting social justice at the heart of all our work:

Both of the issues we address have huge social justice implications; globally - on the working and living conditions of people abroad; but also locally for example, disadvantaged communities in the UK are disproportionately affected by the worst air pollution, contribute the least to it and have the fewest resources to protect themselves. As such within each of our areas we will be focusing our support on vulnerable and disadvantaged audiences and also those with least power in the current system largely young people.

We also continue our journey to be an actively anti-racist organisation with a plan including all staff/trustee training, regular conversation with allies and experts and team diversity targets.

Selecting the most impactful routes and levers for change

We are acutely aware of the size and speed at which things need to change to avert catastrophic climate change. As such this year we will be reviewing the evidence for and efficacy of our theory of change, focus areas and projects through the development of a new impact framework. The framework will help us to make decisions as part of our next three-year strategy on how we focus our resources to play the biggest role we can.

For consistency we will continue to measure our high-level achievements against the four measures used in this and previous Annual Reports but will be supplementing this with a new publicly available annual impact report, highlights from which will be included in next years Annual Report and Accounts.

33

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

STATEMENT OF

accordance with applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards) and applicable law.

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its net incoming/outgoing resources for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that are sufficient to show any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and regulations 6 and 8 of the Charities Accounts (Scotland). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as each of the trustees of the charitable company at the date of approval of this report is aware, there is no relevant audit information (information needed by the charitable she should have taken as a trustee in order to make himself/herself aware of any relevant audit information and

34

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2021

Auditors: Crowe U.K. LLP has indicated its willingness to be reappointed as statutory auditor.

This report has been prepared taking advantage of the exemptions available under the provisions of the Companies Act 2006 applicable to small companies.

Approved by the Board of Trustees on 6[th] September 2021 and signed on its behalf by:

................................................. ...................................................... Jeremy Oppenheim Jonathan Katz Chair, Board of Trustees Treasurer, Board of Trustees

Type text here

201 Borough High Street, London, SE1 1JA

35

INDEPENDENT AUDITOR'S REPORT To the Members of Global Action Plan

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

INDEPENDENT GLOBAL ACTION PLAN

OPINION

year ended 31[st] March 2021 which comprise Statement of Financial Activities, Balance Sheet, Statement of Cashflows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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 independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements

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.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

37

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

OTHER INFORMATION

The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial ements 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.

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 this gives rise to a material misstatement in the financial statements themselves. 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.

OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion based on the work undertaken in the course of our audit

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXEPTION

In light of the knowledge and understanding of the charitable company and their environment obtained in the course of the audit, we have not

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

38

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

RESPONSIBILITIES OF TRUSTEES

set out of pages 34-35, 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.

In preparing the financial statements, the trustees are responsible for assessing the charitable rn, 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.

AUD LITIES 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 an audit report 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.

Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.

A further description of our responsibilities for the audit of the financial statements is located on the Financial : www.frc.org.uk/auditorsresponsibilities. This

39

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

EXTENT TO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETECTING IRREGULARITIES, INCLUDING FRAUD

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable void a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The only other laws and regulations we considered in this context are General Data Protection Regulations and employment legislation.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the timing of recognition of income and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, and the board of trustees about their own identification and assessment of the risks of irregularities, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, analytical review and sample testing of income and reading minutes of meetings of those charged with governance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a

40

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

USE OF OUR REPORT

Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we hose matters we are required to state to them accept or assume responsibility to anyone other than the charitable company and the charitable s as a body, for our audit work, for this report, or for the opinions we have formed.

Julia Poulter

Senior Statutory Auditor

For and on behalf of Crowe U.K. LLP, Statutory Auditor, London

Date: 14th October 2021

Crowe U.K. LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

41

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

ANNUAL ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2021

42

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Notes
Income from:
Donations
Donation from LSx acquisition
3
Donated services
4		 Restricted
Funds
Total
£
£
£
£
-
104,995
104,995
124,991
-
-
-
177,272
-
49,480
49,480
181,700
Year to 31 March 2021
Unrestricted
Funds
Year to 31
March 2020		 Restricted
Funds
Total
£
£
£
£
-
104,995
104,995
124,991
-
-
-
177,272
-
49,480
49,480
181,700
Year to 31 March 2021
Unrestricted
Funds
Year to 31
March 2020		 Restricted
Funds
Total
£
£
£
£
-
104,995
104,995
124,991
-
-
-
177,272
-
49,480
49,480
181,700
Year to 31 March 2021
Unrestricted
Funds
Year to 31
March 2020
Donations and legacies - 154,475 154,475
483,963
Other trading activities
Investments
Charitable activities
Post-consumerism
Clean Air
Sustainable Business
LSx
Total charitable activities
Total
2
Expenditure on:
Raising funds
Charitable activities
Post-consumerism
Clean Air
Sustainable Business
LSx
Total charitable activities
Total
5
Net (expenditure)/ income
Transfers between funds
13
Net movement in funds
Total funds brought forward
Total funds carried forward		 -
-
103,441
414,102
-
56,303
573,846
573,846
-
313,174
611,572
-
114,840
1,039,586
1,039,586
(465,740)
72,160
(393,580)
587,080
193,500		 36,091
684
378,901
391,750
98,467
-
869,118
1,060,368
55,449
386,640
358,190
79,190
731
824,751
880,200
180,168
(72,160)
108,008
161,156
269,164		 36,091
24,617
684
864
482,342
481,855
805,852
958,818
98,467
39,113
56,303
34,261
1,442,964
1,514,047
1,634,214
2,023,491
55,449
24,157
699,814
834,517
969,762
694,376
79,190
29,465
115,571
81,310
1,864,337
1,639,668
1,919,786
1,663,825
(285,572)
359,666
-
-
(285,572)
359,666
748,236
388,570
462,664
748,236

The notes on pages 46 to 62 form part of these accounts.

43

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

BALANCE SHEET AS AT 31 MARCH 2021

Notes
Fixed assets:
Intangible assets
Tangible assets
Total fixed assets
8
Current assets:
Debtors
9
Cash at bank and in hand
Total current assets
Liabilities:
Creditors: Amounts falling due within one year
10
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after one year
10
Net assets
The funds of the charity:
12
Restricted funds
12,13
Unrestricted funds
12,13
Total charity funds		 £
£
-
-
9,729
13,816
9,729
13,816
386,171
685,200
703,636
438,513
1,089,807
1,123,713
(636,872)
(375,688)
452,935
748,025
462,664
761,841
-
(13,605)
462,664
748,236
193,500
587,080
269,164
161,156
462,664
748,236
31 March 2021
31 March 2020

These financial statements were approved and authorised for issue by the Board of Trustees on 6[th] September 2021 and are signed on their behalf by:

Jeremy Oppenheim Chair, Board of Trustees

Jonathan Katz Treasurer, Board of Trustees

201 Borough High Street, London, SE1 1JA

Registered Company in England and Wales No. 2838296

The notes on pages 46 to 62 form part of these accounts.

44

ANNUAL ACCOUNTS YEAR ENDED 31 MARCH 2021

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021

Cash flows from operating activities:
Net cash provided by operating activities
Cash flows from investing activities:
Interest received
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities:
Repayment of borrowings
Net cash used in financing activities
Net income for the reporting period
Adjustments for:
Depreciation charges
Revaluation of borrowings
Interest received
Decrease/ (increase) in debtors
Increase in creditors
Net cash provided by operating 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		 £
£
275,575
(6,432)
684
864
(3,750)
(7,835)
(3,066)
(6,971)
(7,386)
(7,422)
(7,386)
(7,422)
265,123
(20,825)
438,513
459,338
703,636
438,513
£
£
(285,572)
359,666
7,837
8,358
(8,829)
(9,554)
(684)
(864)
299,029
(527,647)
263,794
163,609
275,575
(6,432)
31 March 2021
31 March 2020
31 March 2021
31 March 2020

45

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

(a) Charity Information

The Charity is a private limited company (registered number 2838296), which is incorporated and domiciled in the UK and is a public benefit entity. The address of the registered office is 201 Borough High Street, London, SE1 1JA. The Charity is registered in England and Wales (registered number 1026148) and in Scotland (registered number SC041260).

(b) Basis of Preparation of the Accounts

The accounts (financial statements) have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with FRS102 the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 and UK Generally Accepted Practice.

Going concern

The T foreseeable future. Global Action Plan is dependent on unsecured income to meet its future commitments.

Global Action Plan's planning process and financial projections have taken into consideration as well as the current economic climate and its potential impact on income and planned expenditure.

The Charity was successful in attracting new funders and delivering the large majority of its existing funded projects in 2020-21, despite the challenges posed by the Covid-19 pandemic. However, Covid-19 did adversely impact some of our programmes and our Clean Air income. As a consequence, the business plan for 2021-22, approved by the Board in early March 2021, anticipated substantial income growth. Income is budgeted to increase by over 50% compared with 2020-21 and by circa 25% compared with the 2019-20 pre-pandemic income. The budget targeted a further circa £100,000 unrestricted surplus.

We update our financial forecast on a regular basis. The most recent was completed in July. It shows that we are still on track to achieve our business plan, and budgeted unrestricted surplus, with 94% of the income for the year now secured.

46

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (CONTINUED)

A preliminary budget for 2022-23 assumes a 15% reduction in income versus 2021-22, but retains the staff we have recently recruited to deliver our increased income, and is therefore quite a conservative, break-even, budget. Over 25% of the income in this budget is already secured, a substantial improvement on recent years. The resulting cash-flow forecast through until March 2023 shows that cash is expected to remain above £250,000, with an average balance of £750,000 across the 20-month period.

A sensitivity analysis has been performed, with a circa 20% reduction in income, and a modest headcount reduction. This produces a cash-flow forecast very similar to the base budget.

Consequently, Global Action Plan are confident that any further income shortfall can be managed, and the Charity continue as a going concern for the foreseeable future.

(c) Donations and grants receivable

Donations and grants receivable, including capital grants, are brought into the accounts on receipt or when receivable, where the Charity has certainty of receipt. Income is deferred only when:

(d) Donated services

Donated services comprise donated services and facilities and are included in income where such donations are financially quantifiable, at an estimate of the value of the benefit to the Charity.

(e) Sales of products and services

In respect of contracts or ongoing services, turnover represents the value of work done in the year including estimates of amounts not invoiced. Turnover in respect of long-term contracts & contracts for ongoing services is recognised by reference to the stage of completion. Sales of products & services represent amounts invoiced during the year, exclusive of value added tax.

(f) Expenditure

Resources expended are recognised in the period in which they are incurred. Resources expended are allocated to the particular activity where the cost relates directly to that activity. Certain costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of the proportion of time spent by personnel on those activities or, if not appropriate, in proportion to the income attributable to those activities.

47

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (CONTINUED)

(g) Costs of raising funds

Costs of raising funds incorporate the salaries, direct expenditure and overhead costs of the staff involved in

(h) Charitable activities costs

Charitable activities costs comprise those costs incurred in pursuing the charitable aims of the programmes to participators.

(i) Support costs

Support costs are those costs incurred by the Charity in development and support of its main activities and projects. These are absorbed within direct project costs as shown in note 5. Support costs are allocated to the various charitable activities on the basis of the proportion of direct staff costs incurred by each activity.

(j) Pension costs

The company operates two defined contribution pension schemes for employees. The assets of the scheme are held separately from those of the Charity. The annual contributions payable are charged to the profit and loss account.

(k) Fund accounting

Funds held by the Charity can be:

Transfers between funds are made to cover deficits on individual restricted funds and to recognise fixed assets acquired with restricted income, but with no further restriction on use, within unrestricted funds.

48

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (CONTINUED)

(l) Operating Lease Agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits in equal annual amounts over the period of the lease.

(m) Fixed Assets

Fixed assets are included at cost.

Depreciation is calculated so as to write off the cost of fixed assets over their anticipated useful life. It is applied on a straight-line basis at the following rates:

Intangible assets Website 33%
Tangible assets Interactive display equipment 20%
Office equipment 33%

Where fixed assets are located within an unrestricted fund and are utilised on a temporary basis within a restricted fund the depreciation charge is apportioned between funds on a rational basis.

Fixed assets costing less than £500 are not capitalised.

Impairment reviews are carried out annually on the net book value of fixed assets.

(n) Website development costs

Website planning costs are charged to the Statement of Financial Activities (SOFA) as incurred. Other website costs are capitalised as an intangible fixed asset only where they lead to the creation of an enduring asset delivering tangible future benefits whose value is at least as great as the amount capitalised. An impairment review is undertaken of the net asset value of the website at each Balance Sheet date. Expenditure to maintain or operate the developed website is charged to the SOFA.

(o) Segmental analysis

Material segments are separately disclosed on the face of the SOFA, based on the audience and nature of projects. The segments Schools & Youth and Wellbeing & Consumerism in the prior year accounts have been combined into a single segment called Post-consumerism so as to better reflect current and future activities and funding. It also aligns the accounts disclosure with the way in which the Charity operates internally, and describes its activities to external audiences.

49

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES (CONTINUED)

(p) Financial Instruments

The Charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost using the effective interest method. Financial assets held at amortised cost comprise cash at bank and in hand, together with trade and other debtors. Financial liabilities held at amortised cost comprise trade and other creditors.

Loans arising from revenue participation agreements are held at fair value at the balance sheet date, with gains and losses being recognised within the Statement of Financial Activities, as described in note 10.

(q) Key Judgements and assumptions

trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects the current and future periods.

The charity recognises its liability arising from revenue participation agreements which involves a number of estimations with regard to future income as disclosed in note 10.

In the view of the Trustees, no other assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

50

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

2. ANALYSIS OF INCOME

Voluntary income
Esmée Fairbairn Foundation
Artemis Charitable Foundation
Kusuma Trust UK
Donations from Commercial Organisations
Individual donations
Donated Services
Other trading activities
Government Grants
Investments
Interest income
Income from charitable activities
Post-consumerism
Joseph Rowntree Charitable Trust
Garfield Weston Foundation
Ernest Cook Trust
Public Sector and Not for Profit Organisations
Commercial Organisations
Clean Air
Guy's and St Thomas' Charity
John Ellerman Foundation
FIA Foundation
Trust for London
National and Local Government
Public Sector and Not for Profit Organisations
Commercial Organisations
Sustainable Business
Public Sector and Not for Profit Organisations
Commercial Organisations
LSx
National Lottery Community Fund
Total income		 £
-
-
-
-
-
-
-
-
-
49,500
30,000
18,000
5,941
-
103,441
214,375
48,000
28,572
24,000
90,155
9,000
-
414,102
-
-
-
56,303
56,303
573,846
Restricted		 Total
£
£
50,000
50,000
12,500
12,500
8,500
8,500
30,025
30,025
3,970
3,970
104,995
104,995
49,480
49,480
36,091
36,091
684
684
-
49,500
-
30,000
-
18,000
4,593
10,534
374,308
374,308
378,901
482,342
-
214,375
-
48,000
-
28,572
-
24,000
100,370
190,525
7,200
16,200
284,180
284,180
391,750
805,852
98,000
98,000
467
467
98,467
98,467
-
56,303
-
56,303
1,060,368
1,634,214
Unrestricted

51

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

3. DONATION FROM LSx ACQUISITION

During the previous financial year ended 31[st] March 2020, the merger of Global Action Plan and London Sustainability Exchange (LSx) was completed.

The combination of charities has been accounted for as the acquisition of the net assets of LSx by GAP. The fair value of the assets and liabilities acquired has been recognised as a donation in the Statement of Financial Activities (2020 - £177,272).

4. DONATED SERVICES

Professional and consultancy fees
Office space and costs
Project equipment
 £
£
49,480
94,500
-
7,200
-
80,000
49,480
181,700
31 March 2021
31 March 2020
Year to
Year to

In addition to donated services, the Charity has been supported by a small number of volunteers. Students have taken part in short-term internships which have contributed to both the programmes delivered and their studies. In addition, the Charity has benefited from the support of an HR specialist.

52

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

5. ANALYSIS OF EXPENDITURE

Post-consumerism
Clean Air
Sustainable Business
LSx
Raising funds
Support costs
Total expenditure		 £
297,693
482,057
19,394
39,674
39,717
95,389
973,924
Staff Costs		 £
£
284,204
32,322
296,762
52,340
52,114
2,106
60,182
4,308
-
4,313
252,600
(95,389)
945,862
-
Other Direct
Costs
Staff
Support
Costs
Apportioned		 £
£
85,595
699,814
138,603
969,762
5,576
79,190
11,407
115,571
11,419
55,449
(252,600)
-
-
1,919,786
Other
Support
Costs
Total Costs
Apportioned

Staff support costs and other support costs have been allocated to charitable activities in proportion to direct staff costs of those activities. Comparatives for the above are given on the face of the Statement of Financial Activities. Within support costs, above, governance costs totalled £35,777 (2020 - £33,253).

Expenditure is stated after charging:
Depreciation of intangible fixed assets
Depreciation of tangible fixed assets
Total depreciation
Auditor's remuneration:
External audit
Other services
Rental under operating leases::
Premises
Equipment		 £
£
-
2,111
7,837
6,247
7,837
8,358
14,750
13,300
-
4,000
14,750
17,300
111,235
135,643
2,345
1,612
113,580
137,255
Year to
Year to
31 March 2021
31 March 2020

53

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

6. EMPLOYEES AND STAFF COSTS

Wages and salaries
Social security costs
Employer's contribution to pension schemes
 £
£
864,187
675,691
82,886
64,479
26,851
20,082
973,924
760,252
Year to
Year to
31 March 2021
31 March 2020

There was one redundancy and termination payment made during the year totalling £11,350 (2020 - nil).

The emoluments of one member of staff, including benefits in kind, are within the range of £60,000 to £69,999 (2020 one in the range £60,000 to £69,999).

The remuneration paid to, and employee benefits received by, key management during the financial 218,628 (2020 - £185,253). The constitution of the Charity forbids any trustee to be remunerated. No expenses were reimbursed to the Trustees during the year (2020 - £nil).

The average number of staff employed by the Charity during the year was 24 (2020- 20), of which an average of 12 (2020- 9) staff were employed part-time.

7. TAXATION

The company is a registered charity, and it is considered that its activities and relationships are such that no corporation taxation liability will arise.

54

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

8. FIXED ASSETS

----- Start of picture text -----
Intangible assets Tangible assets Total
Website Interactive Office Fixed assets
display equipment
equipment
£ £ £ £
Cost
At 31 March 2020 254,193 48,498 39,806 342,497
Additions - - 3,750 3,750
At 31 March 2021 254,193 48,498 43,556 346,247
Depreciation
At 31 March 2020 254,193 48,498 25,990 328,681
- -
Charge for year 7,837 7,837
At 31 March 2021 254,193 48,498 33,827 336,518
Net Book Value
At 31 March 2021 - - 9,729 9,729
At 31 March 2020 - - 13,816 13,816
----- End of picture text -----

9. DEBTORS

Trade debtors
Other debtors
Prepayments
Accrued income		 2020
£
£
324,469
526,124
-
172
34,465
30,042
27,237
128,862
386,171
685,200
2021

55

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

10.CREDITORS

Amounts falling due within one year:-

Loans
Trade creditors
Other creditors
Taxation and social security
Accruals
Deferred income
Amounts falling due after one year:-
Loans due between one & two years
Movement in deferred income:-
Brought forward
Amount deferred in the year
Released to the Statement of Financial Activities		 2020
£
£
12,441
15,051
167,591
40,338
5,308
5,335
26,991
58,066
55,791
72,098
368,750
184,800
636,872
375,688
2020
£
£
-
13,605
-
13,605
2020
£
£
184,800
65,999
328,500
161,800
(144,550)
(42,999)
368,750
184,800
2021
2021
2021

At the year end, Global Action Plan had loans totalling £12,441, the outstanding balance of loans made in December 2010 by the Esmée Fairbairn Foundation and Venturesome, a subsidiary of the Charities Aid Foundation. All loans are unsecured. Under the terms of the revenue participation agreement, which was amended in July 2015, this will be repaid in quarterly instalments from future revenue between 1[st] April 2016 and 31[st] March 2022 at a cost of 0.75% of total gross unrestricted income. The loans were revalued at 31[st] March 2021 which resulted in a credit of £8,829 to the Statement of Financial Activities.

56

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

11. CAPITAL

The company has no share capital, being limited by guarantee. There are ten members of the company, who are also the Directors of the company and Trustees of the Charity, each of whom has undertaken to contribute £1 in the event of the company being wound up.

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed Assets
Cash
Net current assets excluding cash		 £
-
236,620
(43,120)
193,500
Restricted
Funds		 Total
£
£
9,729
9,729
467,016
703,636
(207,581)
(250,701)
269,164
462,664
Unrestricted
Funds

Prior year comparatives: -

Fixed Assets
Cash
Net current assets excluding cash
Creditors: Amounts falling due after one year		 £
-
231,414
355,666
-
587,080
Restricted
Funds		 Total
£
£
13,816
13,816
207,099
438,513
(46,154)
309,512
(13,605)
(13,605)
161,156
748,236
Unrestricted
Funds

57

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

13. MOVEMENT IN FUNDS

Restricted funds
Post-consumerism
Clean Air
LSx
Total restricted funds
Unrestricted funds
Total funds		 £
321,200
219,880
46,000
587,080
161,156
748,236
1 April 2020
Balance at		 Income
£
103,441
414,102
56,303
573,846
1,060,368
1,634,214		 £
(313,174)
(611,572)
(114,840)
(1,039,586)
(880,200)
(1,919,786)
Expenditure		 Transfers
£
£
31,033
142,500
28,590
51,000
12,537
-
72,160
193,500
(72,160)
269,164
-
462,664
Balance at
31 March 2021

Transfers of £72,160 were transferred from unrestricted reserves to restricted reserves to cover a deficit on restricted funds.

The segments Schools & Youth and Wellbeing & Consumerism in the prior year accounts have been combined into a single segment called Post-consumerism so as to better reflect current and future activities and funding.

Prior year comparatives: -

Restricted funds
Post-consumerism
Clean Air
LSx
Total restricted funds
Unrestricted funds
Total funds		 £
330,752
-
-
330,752
57,818
388,570
1 April 2019
Balance at		 Income
£
439,604
469,465
93,987
1,003,056
1,020,435
2,023,491		 £
(517,614)
(251,445)
(51,391)
(820,450)
(843,375)
(1,663,825)
Expenditure		 Transfers
£
£
68,458
321,200
1,860
219,880
3,404
46,000
73,722
587,080
(73,722)
161,156
-
748,236
31 March 2020
Balance at

Transfers of £73,722 were transferred from unrestricted reserves to restricted reserves to cover a deficit on restricted funds.

58

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

13. MOVEMENT IN FUNDS (Continued)

Purposes of restricted funds:

PostIn 2019 funding was secured from the KR Foundation to develop and run a consumerism: programme called Flickers of the Future. This is a competition that aims to harness the creativity and passion of early career filmmakers and scriptwriters to develop a film that shows a positive human vision of a sustainable future. The aim for the film is to create the first ever feature film which shows the personal benefits that come with living in a way which is generative to our wellbeing and to our planet. The project is being guided by a panel of experts from the creative industries and from academia.

Funding was secured in the prior financial year from the #iwlll Fund, an initiative of the National Lottery Community Fund and DCMS, for a programme called Transform Our World which provides teachers with a portal to access high quality activities developed by a range of NGOs linked to the sustainable development goals. Garfield Weston Foundation provided GAP with a grant in the year to support the ongoing programme.

Funding was secured in the prior financial year from the Waste Electrical and Electronic Equipment Fund (WEEE Fund) for a project to increase the recovery and recycling rates of personal electronic equipment.

Ernest Cook Trust awarded GAP a grant for the Green Influencer Scheme which provides funding to recruit a green mentor.

Joseph Rowntree Charitable Trust provided a grant to launch the Ad-Free Childhood campaign, which aims to implement a policy ask to stop the targeting of young children in online advertising platforms.

Clean Air

Further funding was received in the year from the FIA Foundation for a clean air schools initiative with the title The School Run Scandal: A special Clean Air Day investigation.

Further funding was received in the year from the Clean Air Fund for a demonstrator project with the title Mobilising health professionals to help tackle air pollution and protect patient health.

59

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

The Philips Foundation awarded GAP two grants in the prior year for the Clean Air for Schools programme which aims to achieve lasting improvements in air quality around schools in the Greater Manchester Area.

The Kusuma Trust UK provided a grant in 2020 to support social media campaigns to promote the Clean Air Hub, the development of which was financed during the year by DEFRA.

Funding was received in the year from Guy s & St Thomas Charity to run two programmes, the first focused on the impact Covid-19 had on air pollution and response to continue to improve air quality. The second programme focused on activities and advice on how to improve air quality with schools in and around Lambeth.

Further funding was secured from Trust for London for the Cleaner Air 4 Communities programme for an in-depth campaign to support residents living in three London Boroughs outside the Ultra-Low Emissions Zone. The grant also provided funding to continue to develop Network, a project that had previously been delivered by LSx with a Trust for London grant.

The John Ellerman Foundation awarded GAP a three year grant to support our Clean Air Team and the first instalment was received in 2020.

LSx

The Brentford Together project, funded by the National Lottery Community Fund is a three-year programme to tackle isolation and poor physical health in Brentford, West London, through co-produced health and wellbeing sessions and a team of volunteer Community Coordinators helping to reach out and engage people in the community.

60

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

14. COMMITMENTS UNDER OPERATING LEASES

At 31[st] March 2021 the Charity had total future minimum lease payments under non-cancellable operating leases in each of the following periods:

Not later than one year
Between one and five years		 Premises
2021
£
129,981
65,400
195,381		 2020
£
111,130
195,381
306,511
Premises		 2021
2020
£
£
1,048
2,135
-
1,048
1,048
3,183
Equipment
Equipment

15. PENSIONS

The Charity operates two defined contribution pension schemes. The charge to the Statement of Financial Activities for the year is £26,851 (2020 - £20,082). There are outstanding contributions of £5,308 (2020 - £5,336), but no prepaid contributions at the year end.

16. RELATED PARTY TRANSACTIONS

During the year, there have been no related party transactions that require disclosure under FRS 102.

In the prior year the Charity made payments under a contract with Acre Resources Limited (Acre), a recruitment agency specialising in the sustainability sector. Acre recruited for a newly created position at Global Action Plan and provided interim support while the recruitment took place, as well of Trustees, is a Director of and shareholder in Acre Resources Limited. The total amount paid to Acre (excluding VAT) was £19,819.

61

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

17. STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 MARCH 2020

Notes
Income from:
Donations
Donation from LSx acquisition
3
Donated services
4
Donations and legacies
Other trading activities
Investments
Charitable activities
Post-consumerism
Clean Air
Sustainable Business
LSx
Total charitable activities
Total
2
Expenditure on:
Raising funds
Charitable activities
Post-consumerism
Clean Air
Sustainable Business
LSx
Total charitable activities
Total
5
Net income
Transfers between funds
13
Net movement in funds
Total funds brought forward
Total funds carried forward		 Restricted
Funds
Total
£
£
£
-
124,991
124,991
64,726
112,546
177,272
161,500
20,200
181,700
226,226
257,737
483,963
-
24,617
24,617
-
864
864
358,104
123,751
481,855
389,465
569,353
958,818
-
39,113
39,113
29,261
5,000
34,261
776,830
737,217
1,514,047
1,003,056
1,020,435
2,023,491
-
24,157
24,157
517,614
316,903
834,517
251,445
442,931
694,376
-
29,465
29,465
51,391
29,919
81,310
820,450
819,218
1,639,668
820,450
843,375
1,663,825
182,606
177,060
359,666
73,722
(73,722)
-
256,328
103,338
359,666
330,752
57,818
388,570
587,080
161,156
748,236
Year to 31 March 2020
Unrestricted
Funds

62

2020-21 ANNUAL ACCOUNTS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

63