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||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report of the Trustees||2|to|13|
|Report of the Independent
Auditors||14|to|16|
|Statement
of Financial|Activities||17||
|Balance Sheet|||18||
|Cash Flow Statement|||19||
|Notes to the Cash Flow Statement|||20||
|Notes tothe Financial|Statements|21|to|29|
##
|TRUSTEES|||Ms SJ Benton|Ms SJ Benton|||||
|---|---|---|---|---|---|---|---|---|
||||D W Clark||||||
||||Ms C LDobson||||||
||||CT Martin||||||
||||D P Mobbs||||||
||||C LTaylor||||||
||||Ms 0Willybiro||||||
|COMPANY|SECRETARY||Ms C Harrison||||||
|REGISTERED OFFICE|||Nightingale|House|||||
||||46-48 East|Street|||||
||||Epsom||||||
||||KT17 1HQ||||||
|REGISTERED COMPANY||NUMBER|02967126 (England|||and|Wales)||
|REGISTERED CHARITY NUMBER|||1042121||||||
|AUDITORS|||Xeinadin
Auditing||||||
||||Chartered
Accountants||||and Statutory|Auditors|
||||Becket House||||||
||||36 Old Jewry||||||
||||London||||||
||||EC2R 8DD||||||
|SOLICITORS|||Russell-Cooke||LLP||||
||||2 Putney
Hill||||||
||||London||||||
||||SW156AB||||||
|BANKERS|||CAF Bank Ltd||||||
||||25 Kings
Hill|Avenue|||||
||||West Mailing||||||
||||Kent||||||
||||ME19 4JQ||||||
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|||for|the year e|nded 31March|2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes||||f.|
|INCOME
AND ENDOWMENTS||FROM||||||
|Donations and legacies||||38,742|552,846|591,588|1,036,704|
|Other trading activities||||3,542||3,542|7,611|
|Investment
income||||613||613|2 549|
|Total||||42,897|552,846|595,743|t,ne6 Si 4|
|EXPENDITURE
ON||||||||
|Charitable
activities||||||||
|Charitable
activities||||32,009|552,846|584,855|962,827|
|NET INCOME||||10,888||10,888|84,037|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||585,900|41,340|627,240|543,203|
|TOTAL FUNDS CARRIED FORWARD||||596,788|41,340|638,128|627,240|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|13|158,699||158,699|169,348|
|CURRENT ASSETS||||||
|Debtors|14|5,795||5,795|22,762|
|Cash at bank and in hand||595,567|41,340|636,907|542,961|
|||601,362|41,340|642,702|565,723|
|CREDITORS||||||
|Amounts
falling due within one year|15|(163,273)||(163,273)|(107,831)|
|NET CURRENT ASSETS||438,089|41,340|479,429|457,892|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||596,788|41,340|638,128|627,240|
|NET ASSETS||596,788|41,340|638,128|627,240|
|FUNDS|17|||||
|Unrestricted
funds||||596,788|585,900|
|Restricted funds||||41,340|41,340|
|TOTAL FUNDS||||638,128|627,240|
##
|||||Cash Flow Statement|||
|---|---|---|---|---|---|---|
||||for the|year ended 31March|2022||
||||||2022|2021|
||||Notes||||
|Cash flows from operating|activities||||||
|Cash generated
from operations|||||95,081|61,318|
|Net cash provided
by operating activities|||||95,081|61,318|
|Cash flows from investing|activities||||||
|Purchase oftangible fixed assets|||||(1,695)|(3,932)|
|Sale oftangible fixed assets|||||560||
|Net cash used in investing|activities||||(1,135)|(3,932)|
|Change in cash and cash equivalents||in|||||
|the reporting
period|||||93,946|57,386|
|Cash and cash equivalents|at the||||||
|beginning
ofthe reporting|period||||542,961|485,575|
|Cash and cash equivalents|at the end|of|||||
|the reporting
period|||||636 907|643,961|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Net income|for the|reporting|period (as per the Statement|ofFinancial|||
|Activities)
Adjustments|for:||||10,888|84,037|
|Depreciation
Decrease in|charges
debto|s||||11,784
16,967|11,477
3,58 I|
|Incnase/(decrease)||in creditors|||55 442|t'37,777)|
|Net cash provided||by operations|||950RL|61 318|
##
||At 1.421|Cash flow|At 31.3.22|
|---|---|---|---|
||E|E||
|Net cash||||
|Cash at bank and in hand|542,961|93,946|636,907|
||542,961|93,946|636,907|
|Total|542 96I|93,946|636,907|
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||||||||2022|2021f|
|---|---|---|---|---|---|---|---|---|
||Donations||||||1,243|342|
||Grants||||||587,245|1,036,362|
||Consultancy||fees||||3,100||
||||||||591,588|1,036,704|
||Grants received,|||included|in the above, are as foUows:||||
||||||||2022|2021|
||Other grants||||||587„245|1,036,362|
|4.|OTHER TRADING ACTIVITIES||||||||
||||||||2022|2021f|
||Membership||Fees||||3,542|7,611|
|5.|INVESTMENT|||INCOME|||||
||||||||2022|2021|
||||||||f||
||Interest received||||||613|2,549|
|6.|CHARITABLE|||ACTIVITIES COSTS|||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs
f|note 7)|Totals|
||Charitable|activities||||526631|58,224|584,855|
##
##
||for the y|ear ended 31March|2022|||
|---|---|---|---|---|---|
|SUPPORT|COSTS|||||
|||Human||Governance||
|||resources|Other|costs|Totals|
|||||f.||
|Charitable|activities|25,020|20/64|]2,840|55,224|
|NET INCOME/(EXPENDITURE)||||||
##
|Net income/(expenditure)
is stated after charging/(crediting):|Net income/(expenditure)
is stated after charging/(crediting):|||
|---|---|---|---|
|||2022|2021|
|||E||
|Depreciation|- owned assets|11,799|1J,477|
|AUDITORS'|REMUNERATION|||
|||2022|2021|
|Fees payable|to the charity's auditors for the audit ofthe charity's financial|||
|statements||5 254|5 257|
##
##
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Wages and salaries||||248,065|243,238|
|Social security costs||||22,654|20,369|
|Other pension costs||||8,886|8,648|
|||||279,605|272 255|
|The average monthly|number ofemployees||during the year was as follows:|||
|||||202'2|2021|
|Employees||||7:|7|
|The number ofemployees||whose employee|benefits (excluding employer pension|costs) exceeded|f60,000was:|
|||||2022|2021|
|660,001 - 670,000||||1||
##
|||Notes|to the Financial Statements|to the Financial Statements|-|continued|||
|---|---|---|---|---|---|---|---|---|
||||for the year|ended 31March|2022||||
|12.|COMPARATIVES|FOR THE STATEMENT||OF FINANCIAL||ACTIVITIES|||
|||||||Unrestricted|Restricted|Total|
|||||||funds
f|funds
f.|funds|
||INCOME
AND ENDOWMENTS||FROM||||||
||Donations and legacies|||||95,342|941,362|1,036,704|
||Other trading activities|||||7,611||7,611|
||Investment
income|||||2,549||2,549|
||Total|||||105,502|941,362|1,046,864|
||EXPENDITURE
ON||||||||
||Charitable
activities|||||61,351|901,476|962,827|
||NKT INCOME|||||44,151|39,886|84,037|
||RECONCILIATION|OF FUNDS|||||||
||Total funds brought|forward||||541,749|1,454|543,203|
||TOTAL FUNDS CARRIED FORWARD|||||585,900|41,340|627,240|
|13.|TANGIBLE FIXED|ASSETS|||||||
|||||||Fixtures|||
|||||Long-term||and|Computer||
|||||leasehold||fittings|equipment|Totals|
||COST||||||||
||At I April 2021|||223,538||15,766|8,623|247,927|
||Additions||||||1,695|1,695|
||Disposals||||||(560)|(560)|
||At 31March 2022|||223 538||15766|9,758|249,062|
||DEPRECIATION||||||||
||At 1 April 2021|||59,279||15,765|3,535|78,579|
||Charge foryear
Eliminated
on disposa|1||9,567|||2,232
~)5)|11„799
~)5)|
||At 31March 2022|||68,846||15,765|5,752|90,363|
||NET BOOK VALUE||||||||
||At 31March 2022|||154,692|||4,006|158,699|
||At 31March 2021|||164,259||1|5 988|169348|
##
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##
|14.|DEBTORS: A|MOUNTS
FA|LLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f||
||Tiade debtors
Other debtors
Prepaymentsand|accrued income||5 795|6,570
6,976
9216|
|||||5,795|22,762|
|15.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021f|
||Trade creditors
Social security and other taxes|||48,763
8,062|16,950
8,314|
||VAT|||196||
||Other creditors
Accruals and deferred income|||2,959
103,293|1,461
81,1116|
|||||163,273|107,831|
|||||2022|2021|
|||||f.||
||Deferred income|at I April 2021||73,397|82,323|
||Resources deferred
during the||year|97,334|73,397|
||Amounts
released from previous periods||||(82,323)|
|||||97,334|73,397|
##
|Minimum
lease payments
under non-cancellable
operatin|g
leases fall due as follows:||
|---|---|---|
||2022|2021|
|Within one year|1,370||
|Between one and five years|201||
||1,57, 1||
##
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.21|in funds|31.3.22|
|Unrestricted
funds||||||
|General fund|||585,900|10,888|596,788|
|Restricted
funds||||||
|University
College London
Big Lottery|||1,046
38,538||1,046
38,538|
|Global Dialogue|||1,348||1,348|
|Listening
fund|||408||408|
||||41,340||41,340|
|TOTAL FUNDS|||627,240|10888|631!128|
|Net movement
in funds, included||in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|||||f.||
|Unrestricted
funds||||||
|General fund|||42,897|(32,009)|10,888|
|Restricted
funds||||||
|Big Lottery|||307,240|(307,240)||
|Paul Hamlyn
Foundation|||64,700|(64,700)||
|Act ForChange
Youth Futures Foundation|||45,000
109,038|(45,000)
(109,038)||
|One Space - Online Directory|development||15,001|(15,001)||
|42nd Street —Evaluation
Awards for all|||2,000
9867|(2,000)
~9,867||
||||552,846|(~552,846||
|TOTAL FUNDS|||595,743|(584,855)|10,888|
##
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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.20|in funds|funds|31.3.21|
|Unrestricted
funds||||||
|General fund
Development
fund||385,726
51,000|44,151|156,023
(51,000)|585,900|
|Property
fund||105,023||~103,023||
|||541,749|44,151||585,900|
|Restricted
funds||||||
|University
College London
Big Lottery||1,046|38,538||1,046
38,538|
|Global Dialogue
Listening
fund||408|1,348||1,348
408|
|||1,454|39,886||41,340|
|TOTAL FUNDS||343,203|84,037||627,240|
|Compa3ative
net movement|in funds, included|in the above are|as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted
funds||||||
|General fund|||105,502|(61,351)|44,151|
|Restricted
funds||||||
|AYPH|||4,650|(4,650)||
|Big Lottery|||324,985|(286,447)|38,538|
|Paul Hamlyn
Foundation|||30,000|(30,000)||
|Act For Change|||41,667|(41,667)||
|DCMS|||501,448|(501,448)||
|Globa I Dialogue|||10,500|(9,152)|1,348|
|Youth Futures Foundation|||28,112|(28,112)||
||||941,362|~901 476|39;886|
|TOTAL FUNDS|||1.046,864|~962 827|84,037|
|RESTRICTED FUNDS||||||
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