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|||Contents||
|---|---|---|---|
||||Page|
|Reference and administrative||details ofthe charity, its Trustees and advisers||
|Trustees'<br>report|||2-5|
|Independent<br>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|





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||Reference|and administrative|details|details|of|the|charity, its Trustees and advisers|
|---|---|---|---|---|---|---|---|
|||for the|year|ended||31|March 2023|
|Trustees||Richard Kozak JP||||||
|||Jane Richardson JP (resigned||||5 December 2022)||
|||Jane Smith JP (appointed|||5 January 2023)|||
|||Miss Louise Moioney||||||
|||Judge Tanweer<br>Ikram||||||
|||Senior District Judge Paul|||Goldspring|||
|||District Judge<br>Nina|Tempia|||||
|Charity registered||||||||
|number||1046214||||||
|Principal office||Ealing Magistrates|Court|||||
|||The Court House||||||
|||Green Man Lane||||||
|||London||||||
|||W13 OSD||||||
|Independent|auditor|Sayers Butterworth|LLP|||||
|||Chartered<br>Accountants||8 Statutory|||Auditor|
|||3rd Floor||||||
|||12 Gough Square||||||
|||London||||||
|||EC4A 3DW||||||
|Bankers||Barclays Bank pic||||||
|||2 Victoria Street||||||
|||London||||||
|||SW1H OND||||||
|Investment|advisors|Sarasin 8 Partners|LLP|||||
|||Juxon House||||||
|||100St Paul's Churchyard||||||
|||London||||||
|||EC4M 8BU||||||





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|||||Expendable||||
|---|---|---|---|---|---|---|---|
|||||endowment|Unrestricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
||||Note|||E||
|Income and endowments||from:||||||
|Investments|||||179,851|179,851|182,201|
|Total income and|endowments||||179,851|179,851|182,201|
|Expenditure<br>on:||||||||
|Investment<br>management||costs|||33713|33713|36,094|
|Charitable<br>activities|||||128,438|128,438|137,727|
|Total expenditure|||||162,151|162,151|173,821|
|Net income before net (losses)/gains||||||||
|on investments|||||17,700|17,700|8,380|
|Net (losses)/gains|on investments|||(316,289)||(316,289)|'/ 10,804|
|Net (expenditure)/income||||(316,289)|17,700|(298,589)|119,184|
|Transfers<br>between|funds||12|3112|(3,112)|||
|Net movement<br>in|funds|||(313,177)|14,588|(298,589)|119,184|
|Reconciliation<br>of|funds:|||||||
|Total funds brought|forward|||6,269,666|82,943|6,362,608|5,233,424|
|Net movement<br>in funds||||(313,17?)|14,588|(298,589)|119,184|
|Total funds carried forward||||4,956,488|97,531|5,054,019|5,352,608|





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|||||Balance sheet|Balance sheet||||
|---|---|---|---|---|---|---|---|---|
|||||as at 31 March 2023|||||
|||||||2023||2022|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||||171||342|
|Investments||||||4,956,488||5,269,665|
|||||||4,956,659||5,270,007|
|Current assets|||||||||
|Cash at bank and|in|hand|||177,290||166,148||
||||||177,290||166,148||
|Creditors: amounts||falling due within one|||||||
|year||||10|(79,930)||(83,547)||
|Net current assets||||||97,360||82,601|
|Total net assets||||||5,054,019||5,352,608|
|Charity funds|||||||||
|Expendable<br>endowment|||funds|12||4,956,488||5,269,665|
|Unrestricted<br>funds||||12||97,531||82,943|
|Total funds||||||5,054,019||5,352,608|






## 

|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Cash flows from operating||activities||||||
|Net cash|used in operating|activities|||14|14,254|(4,717)|
|Purchase|of investments|||||(3,112)|(2,783)|
|Net cash|used<br>in investing|activities||||(3,112)|(2,783)|
|Change|in cash and cash|equivalents|in|the year||11,142|(7,500)|
|Cash and|cash equivalents|at the beginning||ofthe year||166,148|173,648|
|Cash and cash equivalents||at the end|of|the year|15|177,290|166,148|





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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2023|
||||||F|
||income from|investment|portfolio|179,851|179,851|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2022|2022|
||Income from|investment|portfolio|182,201|182,201|
|4.|Investment|management|costs|||



||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023|2023|
|Investment|management|fees|33,713|33,713|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
|Investment|management|fees|36,094|36,094|





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||Unrestricted||
|---|---|---|
||funds|Total|
||2023|2023|
|||E|
|Grants and relief payments|120,500|120,500|
|Support costs|7,938|7,938|
|Total 2023|128,438|128,438|
||Unrestricted||
||funds|Total|
||2022|2022|
|Grants and relief payments|130,250|130,250|
|Support costs|7,477|7,477|
|Total 2022|137,727|137,727|



## 

||Activities|||
|---|---|---|---|
||undertaken|Support|Total|
||directly|costs|funds|
||2023|2023|2023|
||E|E||
|Grants and relief payments|120,500||120,500|
|Support costs||7,938|7,938|
|Total 2023|120,500|7,938|128,438|





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||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2022|2022|2022|
|Grants and relief payments|||/30,250||'I30,250|
|Support costs||||7,477|7,477|
|Total 2022|||130,250|7,477|137,727|
|Analysis ofdirect costs||||||
|||||Total|Total|
|||||funds|funds|
|||||2023|2022|
|||||E||
|Grants and relief payments||||120,500|130,250|
|Grants payable|included|in the above:||||
|||||2022|2021|
|||||E||
|999Club|||||3,500|
|AET (Alcohol Education||Trust)|||5„000|
|Centre point||||5,000|5,000|
|Circle Community||||5,000||
|Clean Break||||7,500|7,500|
|East End CAB||||5,000||
|Emmaus<br>SLC||||5,000|9,000|
|Frontline||||5,000||
|Glass Door||||5,000|5,000|
|Groundswell||||5,000||
|Inner London Probation||Service|||1,250|
|Just for Kids||||5,000||
|Subtotal||||47,500|36,250|





## 

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|Analysis ofexpe|nditure<br>by activities (continued)|||
|---|---|---|---|
|||2023f|2022<br>E|
|Subtotal<br>brought|forward|47,500|36,250|
|Key4 Life|||10,000|
|Little Angel Theatre||500||
|Only Connect||5,000|5,000|
|PACT||12,500|12,500|
|Prison Fellowship|||5,000|
|Refuge||5,000|7.500|
|Spitalfields<br>Crypt|Trust||5,000|
|St Andrews|||5,000|
|St Giles Trust||10,000|'I5,000|
|St Hilda's||5,000||
|St Mungo's||10,000||
|Support Through|Court||5,000|
|Thames Reach|||5,000|
|The Big Issue||5,000|5,000|
|The Felix Project||5,000|5,000|
|The Margins<br>Society|||5,000|
|The Marylebone|Project|5,000||
|The Spires Centre||5,000|5,000|
|Tower Hamlets||5,000|5,000|
|Toynbee<br>Hall|||5,000|
|||120,500|/41,250|
|Less: unclaimed|grants||(6,000)|
|Total grants payable||120,500|136,250|





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||||2023|2022|
|---|---|---|---|---|
||||E||
|Audit fee (including||20%VAT)|6,720|5,903|
|Administration|costs||950|1,302|
|Depreciation|||171|171|
|Bank charges|||97|101|
||||?,938|7,477|



## 

## 

|||Computer|
|---|---|---|
|||equipment|
||Cost or valuation||
||At 1 April 2022|2,162|
||At 31 March 2023|2,162|
||Depreciation||
|,|At 1 April 2022|1,820|
||Charge for the year|171|
||At 31 March 2023|1,991|
||Net book value||
||At 31 March 2023|171|
||At 31March 2022|342|





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|||Listed|
|---|---|---|
|||investments|
|||F|
|Cost or valuation|||
|At 1 April 2022||5,269,665|
|Additions||3,112|
|Revaluations||(316,289)|
|At 31 March 2023||4,956,488|
|Net book value|||
|At 31 March 2023||4,956,488|
|At 37 March 2022||5,269,665|
|All investments|are carried at their fair value.||



## 

||2023|2022|
|---|---|---|
||E||
|Accruals|7,430|7,547|
|Grants payable|72,500|76,000|
||79,930|83,547|





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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E||
|Financial|assets|||||||
|Financial|assets measured||at fair value through||income and expenditure|4,956,4&&|5,269,665|
|Financial|assets measured||at amortised|cost||177,290|166,148|
|||||||5,133,778|5,435,813|
|||||||2023|2022|
|Financial|liabilities|||||||
|Financial|liabilities|measured|at amortised|cost||79,930|83,547|





|||||||Balance at|
|---|---|---|---|---|---|---|
|Balance at 1||||Transfers|Gains/|31 March|
||April 2022|Income|Expenditure|in/out<br>E|(Losses)<br>f|2023<br>E|
|Unrestricted|||||||
|funds|||||||
|General Funds-|||||||
|all funds|82,943|179,851|(162,151)|(3,112)||97,531|
|Endowment|||||||
|funds|||||||
|Endowment|||||||
|Funds-<br>expendable|5,269,665|||3,112|(316,289)|4,956,488|
|Total offunds|5,352,608|1?9,851|(162,151)||(316,289)|5,054,019|
|Statement offunds|- prior year||||||
|||||||Balance at|
|Balance at 1||||Transfers|Gains&|31Marcia|
||April 2021|Income|Expenditure|inlout|(Losses)|2022|
|Unrestricted|||||||
|funds|||||||
|General Funds-|||||||
|all funds|7Z,346|182,201|(173,821)|(2,783)||82„943|
|Endowment|||||||
|funds|||||||
|Endowment|||||||
|Funds—|||||||
|expendable|5,156,078|||2,783|110,804|5,269,665|
|Total offunds|5,233,424|182,201|('I73,821)||110,804|5,352,608|





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|Analysis of net assets between funds - curr|ent year|||
|---|---|---|---|
||Expendable|||
||endowment|Unrestricted|Total|
||funds|funds|funds|
||2023|2023|2023f|
|Tangible fixed assets||171|171|
|Fixed asset investments|4,956,488||4,956,488|
|Current assets||177,290|177,290|
|Creditors due within one year||(79,930)|(79,930)|
|Total|4,956,488|97,531|5,054,019|



|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||F||
||Net<br>(expenditure)/income|for|the|year|(as per|Statement|of Financial|||
||Activities)|||||||(298,589)|119,184|
||Adjustments<br>for:|||||||||
||Depreciation<br>charges|||||||171|171|
||Losses/(gains)<br>on investments|||||||316,289|('110,804)|
||Decrease<br>in creditors|||||||(3,617)|(13,268)|
||Net cash provided<br>by/(used||in) operating||activities|||14,254|(4,717)|
|15.|Analysis ofcash and cash|equivalents||||||||



|||2023|2022|
|---|---|---|---|
|Cash|in hand|177,290|166,148|
|Total|cash and cash equivalents|177,290|166,148|





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|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2022|Cash flows|2023|
|||||||||F|
|Cash|at|bank|and|in|hand|166,148|11,142|177,290|



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