2022-03-31-accounts - Inquest Charitable Trust

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Page No.
I-)7	Trustees' Annual Report (including			Directors' Report)
18 —20	Independent Auditor's	Report
21	Statement ofFinancial	Activities	(including		Income and Expenditure	Account)
22	Balance Sheet
23	Statement ofCash Flows
24-34	Notes to the Financial	Statements

REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS
Charity registration		number:			1046650
Company	registration	number:			03054853
Registered	and principal		office:		Unit T3
					89-93 Fonthill Road
					London N4 3JH
Directors	and Trustees
The Board	oftrustees	constitutes		directors ofthe company		for the	purpose ofcompany				law and tru
nf charity	law. The trustees serving				during the year and	since the	year end were as follows:
					Diane Newton (Chair)
					Daniel Machover
					Geraldine Isherwood
					Kevin Blowe
					Ruth Bundey
					Jennifer Nadel (terminated		on 23 May 2023)
					Joe Sim
					Stephen Tombs
					Rajiv Menon
					Sigrun Asa Danielsson
					Pete Weatherby
					Patrick Williams (appointed			10November 2021)
					Douglas Stephen Cave (appointed				on 23	May 2023)
					Rebecca Charlotte	Montacute		(appointed		on 23	May 2023)
					Marcia Patricia Rigg- Samuel			(appointed		on 23	May 2023)

			Restricted	Unrestricted	Total	Total
			Funds	Funds	Funds	Funds
					2022	2021
Income and endowments	from:
Donations and legacies			531,285	295,678	826,963	1,051,859
Charitable activities				14,920	14,920	11,059
Other trading activities						5,614
Investments				147	147	118
Total income and endowments			531,285	310,745	842,030	1,068,650
Expenditure on:
Costs ofraising funds:
Fundraising costs				57,859	57,859	54,873
Charitable activities			485,385	450,466	935,851	783,373
Total expenditure			485,385	508,325	993,710	838,246
Net income/(expenditure)			45,900	(197,580)	(151,680)	230,404
Transfers between funds
sVetincomel(expenditure) funds for the year	and net movement	in	45,900	(197,580)	(151,680)	230,404
iteconciliatlon affunds
Total funds brought forward				327,415	327,415	97,011
Total funds carried forward			45,900	129,835	175735	327415

			Notes	2022	2021
Fixed assets
Tangible assets			15	12,047	5,495
Current assets
Debtors			16	121,570	27,390
Cash at bank	and in	hand		182,624	575,946
				304,194	603,336
Creditors: mnounts		falling due within one year	17	(140,506)	(281,416)
Net current assetsl(li		abi ti ties)		163,688	321,920
Net assets				175,735	327,415
Charity funds
Restricted funds			19	45,900
Unrestricted	funds
	General funds		19	129,835	327,415
Total charity	funds			175,735	327,415

			Notes	2022	2021
Cashflofrom operating	activities
Net cash provided by operating activities			22.0	(379,996)	461,610
Cash flowfrom investing	activities
Interest income				147	118
Purchase oftangible fixed assets				(13,473)	(2,004)
Net cash used in investing	activities			(13,326)	(1,886)
tqet increase in cash and cash equivalents		in the year		(393,322)	459,724
Cash and cash equivalents	at the beginning	ofthe year		575,946	116,222
Cash and cash equivalents	at the end ofthe year			182,624	575,946
Analysis ofcash and cash	equivalents
Cash in bank and in hand				182,624	575,946
Casli and cash equivalents	at the end ofthe year		22.1	182,624	575,946

Income from Donations and	Income from Donations and	Income from Donations and	Legacies	2022	2021
				L
Gifls				69,042	228,818
Gift Aid tax reclaims				7,966	13,452
AB Charitable	Trust (Unrestricted			20,000	15,000
Allen &Overy	Foundation	(Unrestricted)			5,000
Bromley Trust	(Unrestricted)			20,000	20,000
Joseph Rowntree Charitable			Trust (Unrestricted)	55,000	70,057
Esmee Fairbairn Foundation			(Unrestricted)	95,000	100,000
Oak Foundation	(Restricted/Unrestricted)			82,388	110,703
John Ellerman	Foundation	(Unrestricted)			40,000
Grants from other sources (Restricted)				448,897	425,599
Memberships				28,670	23,230
				826,963	1,051,859

Income	from	Charitable	Activities		2022	2021
Income	from	consulting	and training	services	7,275	7,030
Income	from	publications			3,856	4,029
Income	from	grants			3,789
					14,920	11,059

4.1	Income	from charitable activities was KI4,920(2021 -	from charitable activities was KI4,920(2021 -	from charitable activities was KI4,920(2021 -	fI1,059)ofwhich fail	fI1,059)ofwhich fail	(2021 —Knit) was	attributable to
	restricted and 814,920(2021 —KI1,059)was attributable				to unrestricted	funds.
5.0	Income	from	Other Trading Activities				Unrestricted	Unrestricted
							funds	funds
							2022	2021
	Fundraising		events					5,614
6.0	Income	from Investments					Unrestricted	Unrestricted
							funds	funds
							2022	2021
	Interest	—bank					147	118
7.0	Enpendhure		on Raising Funds				Unrestricted	Unrestricted
							funds	funds
							2022	2021
	Staff costs						57,438	51,855
	Other fundraising			costs			421	3,018
							57,859	54,873

8.0	Analysis	afExpenditure
	Charitable	Activities 2022	Activities	Support	Total
			undertaken	costs
			directly
	Project work		218,185		218,185
	Casework	and other family support	608,603	108,233	716,836
	Publications		830		830
			827,618	108,233	935,851
8./	Charitable	Activities 2021	Activities	Support	Total
			undertaken	costs
			directly
	Project work		130,051	19,371	149,422
	Casework	and other family support	550,392	82,184	632,576
	Publications		1,375		1,375
			681,818	101,555	783,373

8.2	Of the f935,851 expenditures	Of the f935,851 expenditures	in 2022 (2021 - f783,373), f485,385 (2021 -	in 2022 (2021 - f783,373), f485,385 (2021 -	in 2022 (2021 - f783,373), f485,385 (2021 -	f536,302) was	attributable to
	restricted funds and 8450,466		(2021	—f247,071)was attributable	to unrestricted	funds.
9.0	Analysis ofSupport and Governance			Costs
				Support	Governance	Total	Total
					costs	2022	2021
	Premises			61,910		61,910	55,417
	Office running			17,896		17,896	11,886
	Information technology			16,806		16,806	17,096
	Finance
	Legal and professional			1,861		1,861	301
	Bookkeeping			2,839		2,839	2,479
	Depreciation			6,921		6,921	4,576
	Audit/Independent examination				9,400	9,400	9,800
	Trustees' expenses				80	80
				108,233	9,480	117,713	101,555
10.0	Ner fncontel(Expenditure)	for	the Year			2022	2021
	This is stated after charging:
	Auditor's remuneration					9,400	9,800
	Depreciation					6,921	4,576
	Operating lease payments:		Land	and buildings		52,800	48,400

Analysis ofStaffCosts	2022	2021
Wages and salaries	672,475	576,474
Social security costs	65,498	53,809
Pensions	49,518	41,885
	787,491	672,168

2022	202]
No.	No.

2022	2021
Number	Number
16.7	14.9

15.0	Fixed Assets			Office
				Equipment
				8
	Cost
	At I April 2021			23,891
	Additions			13,473
	Disposals
	At 31 March 2022			37,364
	Depreciation:
	At I April 2021			18,396
	Charge for the year			6,921
	Eliminated on disposals
	At 31 March 2022			25,317
	¹tBook Value:
	At 31March 2022			12,047
	At I April 2021			5,495
16.0	Debtors		2022	2021
	Trade debtors		17,970	4,035
	Other debtors		223	1,340
	Grants receivables	and accrued income	94,788	15,000
	Prepayments		8,589	7,015
			121,570	27,390

Creditors: Amounrs falling due within	2022	2021
Trade creditors	15,612	4,428
Taxation and social security	18,069	16,034
Accruals	38,426	45,476
Other creditors	14,276	83,290
Deferred income (see note 18)	54,123	132,188
	140,506	281,416

after the	year end	date.
			Total
Balance	as at I April 2021		132,188
Amount	released	in the year	(132,188)
Amount	deferred	in the year	54,123
Balance	as at 31	March 2022	54,123

Analysis	ofCharitable
Unrestricted Funds —Current		Year	Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2021	Resources	Resources		31 Mar 2022
General	funds		327,415	310,745	(508,325)		129,835
Unrestricted Funds —Previous		Year
			Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2020	Resources	Resources		31Mar 2021
							6
General	funds		97,011	532,348	(301,944)		327,415
Name ofunrestricted fund			Description,	nature and purposes ofthefund

Restricted Funds	—Current	year	Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2021	Resources	Resources		31 Mar 2022
							f.
Baring Foundation				8,334	(8,334)
Barrow Cadbury	Trust			25,000	(20,100)		4,900
National Lottery Community		Fund		155,290	(114,290)		41,000
City Bridge Trust	(City ofLondon)			56,800	(56,800)
Garden Court				4,000	(4,000)
Henry Smith Charity				29,450	(29,450)
Oak Foundation				82,389	(82,389)
Open Society Foundation				49,852	(49,852)
Three Guineas Trust				60,000	(60,000)
Trust for London				50,000	(50,000)
Wates Foundation				10,170	(10,170)
				531,285	(485,385)		45,900
Restricted Funds	—Previous	Fear
			Balance	Incoming	Outgoing	Transfers	Balance
			I Apr 2020	Resources	Resources		31 Mar 2021
Barrow Cadbury	Trust			22,116	(22,116)
National Lottery Community		Fund		71,717	(71,717)
City Bridge Trust	(City ofLondon)			94,688	(94,688)
Evan Cornish Foundation				10,000	(10,000)
Henry Smith Charity				57,750	(57,750)
Oak Foundation				110,703	(110,703)
Open Society Foundation				49,328	(49,328)
Three Guineas Trust				60,000	(60,000)
Trust for London				50,000	(50,000)
Wates Foundation				10,000	(10,000)
				536,302	(536,302)

Analysis ofNet Assets lteuveen	Funds —Current	Year
			Restricted	Unrestricted	Total
			Fund	Fund
Tangible fixed assets				12,047	12,047
Cash at bank and in hand			45,900	136,724	182,624
Other net current assets/(liabilities)				(18,936)	(18,936)
			45,900	129,835	175,735
Analysis ofNet Assets /getween	Funds —Previous	Year
			Restricted	Unrestricted	Total
			Fund	Fund
Tangible fixed assets				5,495	5,495
Cash at bank and in hand			122,018	453,928	575,946
Other net current assets/(liabilities)			(122,018)	(132,008)	(254,026)
				327,415	327,415

Total future minimum	lease payments	under non-cancellable	leases are as follows:
			2022	2021
Not later than one year			52,800	53,143
Later than one and not	later than five	years	114,400	167,200
More than five years
			167,200	220,343

22.0	Reconrdliation ofNet Income toNet Cash	Reconrdliation ofNet Income toNet Cash	Flow From Operating	Activities
					2022	2021
	Net income for the year				(151,680)	230,404
	Adjustments for:
	Interest income				(147)	(118)
	Depreciation				6,921	4,576
	(Increase)/decrease	in debtors			(94,180)	21,202
	Increase/(decrease)	in creditors			(140,910)	205,546
					(379,996)	461,610
22/	AnalysisofChangesinNetDebt
			At	31 March	Cash-flows	At 31 March
				2021		2022
	Cash at bank and in hand			575,646	(393,022)	182,624
23.0	Related Party Transactions