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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees' report|||2-5|
|Independent
auditor's|report|on the financial statements|6-9|
|Statement offinancial|activities||10|
|Balance sheet||||
|Statement ofcash flows|||12|
|Notes to the financial|statements||13-25|
##
||Reference|and administrative|details ofthe charity, its Trustees and advisers|details ofthe charity, its Trustees and advisers|details ofthe charity, its Trustees and advisers|details ofthe charity, its Trustees and advisers|details ofthe charity, its Trustees and advisers|
|---|---|---|---|---|---|---|---|
|||for the year||ended 31|March 2021|||
|Trustees||Judge Emma Arbuthnot||(resigned|31|January 2021)||
|||Richard Kozak JP||||||
|||Jane Richardson JP||||||
|||Miss Louise Moloney||||||
|||Judge Tanweer
Ikram||||||
|||District Judge Sam Goozee||||||
|||Senior District Judge Paul Goldspring||||(appointed|1 March 2021)|
|Charity registered||||||||
|number||1046214||||||
|Principal office||Ealing Magistrates|Court|||||
|||The Court House||||||
|||Green Man Lane||||||
|||London||||||
|||W13OSD||||||
|Independent|auditor|Sayers Butterworth|LLP|||||
|||Chartered
Accountants||&Statutory|Auditor|||
|||3rd Floor||||||
|||12Gough Square||||||
|||London||||||
|||EC4A 3DW||||||
|Bankers||Barclays Bank pic||||||
|||2 Victoria Street||||||
|||London||||||
|||SW1H OND||||||
|Investment|advisors|Sarasin & Partners|LLP|||||
|||Juxon House||||||
|||100St Paul's Churchyard||||||
|||London||||||
|||EC4M 8BU||||||
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|||||Expendable|||As restated|
|---|---|---|---|---|---|---|---|
|||||endowment|Unrestricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note||F|||
|Income and endowments||from:||||||
|Investments|||||190,544|190,544|191,103|
|Total income and|endowments||||190,544|190,544|191,103|
|Expenditure
on:||||||||
|Raising funds:||||||||
|Investment
management||costs|||33,746|33,746|32,742|
|Charitable
activities|||||143,915|143,915|156,179|
|Total expenditure|||||177,661|177,661|188,921|
|Net income before net gains/(losses)||||||||
|on investments|||||12,883|12,883|2,182|
|Net gains/(losses)|on investments|||850,628||850,628|(196,528)|
|Net income/(expenditure)||||850,628|12,883|863,511|(194,346)|
|Transfers
between|funds||13|1 213|(1,213)|||
|Net movement
in|funds|||851,841|11,670|863,511|(194,346)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||4,304,237|65,676|4,369,913|4,564,259|
|Net movement
in funds||||851,841|11,670|863,511|(194,346)|
|Total funds carried forward||||5,156,078|77,346|5,233,424|4,369,913|
##
|||||Balance sheet|Balance sheet||||
|---|---|---|---|---|---|---|---|---|
|||||as at 31 March 2021|||||
|||||||2021||2020|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||||513|||
|Investments||||||5,156,078||4,304,237|
|||||||5,156,591||4,304,237|
|Current assets|||||||||
|Cash at bank and||in hand|||173,648||159,323||
||||||173,648||159,323||
|Creditors: amounts||falling|due within one||||||
|year||||10|(96,815)||(93,647)||
|Net current|assets|||||76,833||65,676|
|Total assets|less|current liabilities||||5,233,424||4,369,913|
|Total net assets||||||5,233,424||4,369,913|
|Charity funds|||||||||
|Expendable|endowment||funds|||5,156,078||4,304,237|
|Unrestricted|funds|||||77,346||65,676|
|Total funds||||||5,233,424||4,369,913|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|||activities|||||
|Net cash|used
in operating|activities||||16,223|13,224|
|Purchase|oftangible
fixed assets|||||(684)||
|Proceeds|from sale of investments|||||864,986||
|Purchase|of investments|||||(866,199)||
|Net cash|(used in)/provided||by investing|activities||(1,897)||
|Change|in cash and cash||equivalents
in|the year||14,326|13,224|
|Cash and|cash equivalents||at the beginning|ofthe year||159,323|146,099|
|Cash and cash equivalents|||at the end of|the year||173,649|159,323|
|The notes on pages 13to 25 form part ofthese financial|||||statements|||
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021|2021|
||||||E|
||Income from|investment|portfolio|190,544|190,544|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2020|2020|
||Income from investment||portfolio|191,103|191,103|
|4.|Investment|management|costs|||
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021|2021|
||Investment|management|fees|33,746|33,746|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2020|2020|
||Investment|management|fees|32,742|32,742|
##
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##
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
|Grants and relief payments|136,000|136,000|
|Support costs|7,915|7,915|
|Total 2021|143,915|143,915|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2020|2020|
|Grants and relief payments|148,500|148,500|
|Support costs|7,679|7,679|
|Total 2020|156,179|156,179|
##
||Activities|||
|---|---|---|---|
||undertaken
directly|Support
costs|Total
funds|
||2021|2021f|2021|
|Grants and relief payments|136,000||136,000|
|Support costs||7,915|7,915|
|Total 2021|136,000|7,915|143,915|
##
##
|Analysis ofe|x|penditure|by activities (continuedj||||
|---|---|---|---|---|---|---|
|||||Activities|||
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2020|2020|2020|
|Grants and relief payments||||'l48,500||148,500|
|Support costs|||||7,679|7,679|
|Total 2020||||148,500|7,679|156,779|
|Analysis ofdirect costs|||||||
||||||Total|Total|
||||||funds|funds|
||||||2021|2020|
|Grants and relief payments|||||136,000|148,500|
|Grants payable||included|in the above:||||
||||||2021|2020|
|Addaction||||||6,000|
|Centre point|||||5,000|5,000|
|The Passage|||||5,000|5,000|
|The Manna Society|||||5„000|5,000|
|StAndrews||||||5,000|
|The Margins|Project||||5,000|5,000|
|The Big Issue|||||5,000|5,000|
|Toynbee
Hall|||||5,000|5,000|
|East End CAB|||||5,000|5,000|
|Only Connect|||||5,000|5,000|
|St Hilda's|||||7,000|5,000|
|Refuge|||||7,500|5,000|
|Subtotal|||||54,500|61,000|
##
##
|Analysis ofexp|e|ndit|ure
by activities (continued)|||
|---|---|---|---|---|---|
|||||2021|2020|
|Subtotal
brought||forward||54,500|51,000|
|Support Through||Court||5,000|5,000|
|Tower Hamlets|Mission|||5,000|5,000|
|WLM||||5,000|5,000|
|Glass Door||||5,000|5,000|
|Clean Break||||7,000|5,000|
|999Club||||4,500|3,000|
|Clapton Common||Boys Club||2,500|2,500|
|PACT||||12,500||
|St Mungo's||||10,000||
|St.Giles Trust||||10„000||
|The Felix Project||||5,000||
|Frontline||||5,000||
|Beam||||5,000||
|Prisoners'
Family||and|Friends||10,000|
|Prisoner's
Education|||Trust||10,000|
|Stoll|||||5,000|
|Thames Reach|||||5,000|
|Bede|||||5,000|
|The Stuart Low|Trust||||5,000|
|The Coombe Trust|||||5,000|
|Standing
Together|||||5,000|
|Spitelfields
Crypt||Trust|||4,000|
|Marylebone
Project|||||3,000|
|||||136,000|148,500|
##
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##
|Analysis ofs|upport|costs|||
|---|---|---|---|---|
||||2021|2020|
|Audit fee (including||20% VAT)|6,348|6,174|
|Administration|costs||1 333|1,430|
|Depreciation|||171||
|Bank charges|||63||
||||7,915|7,679|
##
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##
||Computer|
|---|---|
||equipment|
||f.|
|Cost or valuation||
|At 1 April 2020|1,478|
|Additions|684|
|At 31 March 2021|2,162|
|Depreciation||
|At 1 April 2020|1,478|
|Charge for the year|171|
|At 31 March 2021|1,649|
|Net book value||
|At 31 March 2021|513|
|At 31March 2020||
##
##
|||Listed|
|---|---|---|
|||investments|
|Cost or valuation|||
|At 1 April 2020||4,304,237|
|Additions||866,199|
|Disposals||(809,423)|
|Revaluations||795,065|
|At 31 March 2021||5,156,078|
|Net book value|||
|At 31 March 2021||5,156,078|
|At 31March 2020||4,304,237|
|All investments|are carried at their fair value.||
##
|||2021|2020|
|---|---|---|---|
|||F||
|Accruals and deferred|income|7,815|8,147|
|Grants accrued||89,000|85,500|
|||96,815|93,547|
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|Financial|assets||||||
|Financial|assets measured|at fair value through||income and expenditure|5,156,078|4,304,237|
|Financial|assets measured|at amortised|cost||173,648|159,323|
||||||5,329,726|4,463,560|
||||||2021|2020|
|Financial|liabilities||||||
|Financial|liabilities measured|at amortised|cost||96,815|93,647|
##
|Increase|in|expendable|endowment|funds|4,304,237|
|---|---|---|---|---|---|
|Decrease|in|unrestricted|funds||(4,304,237)|
##
|||As restated|||||Balance at|
|---|---|---|---|---|---|---|---|
||Balance at 1||||Transfers|Gains/|31 March|
|||April 2020|Income|Expenditure|in/out|(Losses)|2021|
||||K|||||
|Unrestricted||||||||
|funds||||||||
|General Funds-||||||||
|all funds||65,676|190,544|(177,661)|(1,213)||77,346|
|Endowment||||||||
|funds||||||||
|Endowment||||||||
|Funds
expendable||4,304,237|||1 213|850,628|5,156,078|
|Total offunds||4&369,913|190,544|(177,661)||850,628|5,233,424|
|Statement offunds||- prior year||||||
||||||||As restated|
||||As restated|||As restated|Balance at|
||||Balance at|||Gainsr|31March|
||||1April 2019|Income|Expenditure|(Losses)|2020|
|Unrestricted|funds|||||||
|General Funds - all||funds|63,494|191,103|(188,921)||65,676|
|Endowment|funds|||||||
|Endowment|Funds-|||||||
|expendable|||4,500,765|||(196,528)|4,304,237|
|Total offunds|||4,564,259|191,103|(188,921)|(196,528)|4,369,913|
##
##
|Analysis|of net assets between funds -curr|ent year|||
|---|---|---|---|---|
|||Expendable|||
|||endowment|Unrestricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|Tangible|fixed assets||513|513|
|Fixed asset investments||5,156,078||5,156,078|
|Current|assets||173,648|173,648|
|Creditors|due within one year||(96,815)|(96,815)|
|Total||5,156,078|77,346|5,233,424|
##
|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|Net
income/expenditure|for|the|year|(as|per|Statement|of Financial|||
|Activities)||||||||863,511|(194,346)|
|Adjustments
for:||||||||||
|Depreciation
charges||||||||171||
|(Gains)/losses
on investments||||||||(850,628)|196,528|
|Increase
in creditors||||||||3,169|11,042|
|Net cash provided
by|operating||activities|||||16,223|13,224|
|||2021|2020|
|---|---|---|---|
|Cash|in hand|173„649|159,323|
|Total|cash and cash equivalents|173,649|159,323|
##
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