Trnstees/Directors and Advisers
TrusteeslDireetors
Ms A A M Mccabe
MrARJPaTk
Dr C J Ralph
Ms J. Baker
M& S. E. Campbell
Ms. J. Cobb
Ms. D. K. Fitzgerald
Ms. D. H. G(x*Jes
Ms. L. A. H. Pavinci
Mr. L H. Tollemache
Ms. l. Bakal
Ms. O. Gal
resigll¢d 2111 Ir2020
resigned 2111 Ir2020
appoit)t¢d 2111 If2w20
Company Secret*ry (Member Trustee)
Ms. D. H. fjoodes
opKx)in*d 2111 Ir2fr20
IndependeDt examiner
Vantage Accotmting Servic&8 Ltd
SG House
6 St Cross Road
Winchester
H8rnpshir¢
S023 9HX

TRUSTEES'IDIREcfoRS' REPORT
The Directors present to the m¢mbers the financial stafrm￿ts of the Company for th¢ period
ended 3 1st JUIY 2021. together with their rcporL In preparing this rem the Directors have
tsken advantsge of sotne of the special ex•oDS applicable to small companies.
STATEMEN[ OF DtRECTORS' RESPONSIBILITtES
The Directors are responsible for ke¢piDg proper accounting r¢cords, which disclos¢ with
reasonable accuracy at any time the fmancial position of th¢ Company, enabling them to ensure
that the accounts comply with the Companies Act 2(M)6. They are responsible for safeguarding
the assets of the company andhence fortaking re&sonable steps forthe prevention and detection
of fraud and other irregularities. In deternI￿ how amounts are presented within items in the
Statement olFinancial Activity and Stat¢ment of Fina[￿la1 Positio￿ the Directors must have
regard to the substance of the reFK)rted Irdnsactionora￿emenl in accordance with gellernlly
accepted accounting principles or practice.
OBJECTS AND PRINCIPAL ACTIVITIES
The company is a registered charity and the object and principal activity is the protection and
preservation of mentsl and emotional health and stability by the provision of psychoanalytic
psychotherapy and training in mental health Care. the educthion and training thereto and the
research io conn¢ction with the foregoing (the us¢ful results of which will be made available
to the public) in all respects in accordance with the Law of Charity of England and Wales.
Ther¢ have been no changes in the objectives of the charity during the year.
The Truste¢s have paid due regardtothe guidaa(Y by the Charity CoDllnission onpublic benefit
iti deciding wI￿t adivities the tn￿t should undertake
The Directors, listed on page 3. are appointed by election lo the management committee. They
are the guarantors of the Company to an amount not to exceed £1 per persoL The company is
limited by guarantee and is ptohibited from making any form of distribution to the guarantors.
The trust de¢d provides for a minimum of three tr￿. Th¢ governing document is available
for viewing at the re￿ office of the charity.
All Directorthkn pmvide their servAces without rewvdrd
Achievement and Performante
Annual Report from the Chair olcoumeil
Achievement & PerfonDanet
Having ixen Cr￿pIed into the role in D#ember 2020. this is my first anttual wrt ￿ Cbair. Fitstly? E want
to thank Anneke M¢Cabe. who completed her tern) &$ Chair at the 2020 AGW for her clear and sure
guidance of the organisation during her t¢rnTr. Sh¢ is a hard to follow. l am also grateful for the support
of D¢bor8h G￿des. Secretary. and S8rah CaM￿lL Treasurer. along with the two athninistrator& Pilar
Lafuente and MaTia Oakley. for their h¢lp and me in finding my feet in Ihis role. l also want
mention the imtA)rtant and thoughthil supwt and gUIda￿e of the mernbers of Council during this1&8t year.
During the year there have aL80 t*en other imp)rtanl peN)nnel changes in the organisation:

Oshrat Gal was elected to Council at the 2020 AGM
Alan Arthibald joined the ICC a% Referral therapist and has tsken on the role with care and enthllsiasm. We
are grateful for the d￿l¢at1￿ and commthent shown by Euge￿ Lknyle thring his ttriod as sol¢ RefeTrl
Therdpist
IA)uise W0(Ath￿ st¢prd down as Referrnls Mawer to ¢on¢entr* on her other Louise played a
C￿￿181 role in $I￿10g the recent refOrn￿ to the Referraj SeTvice deSI￿d to make IL and the R￿e￿al
Therapist role in particular, more 5￿8￿1nab1e. The ICC is very grateful to Louise for her important
contrilxrtion. Jo Baker stePF￿1 into the rol¢ of Referrals Mawger Tole but will shortly stepping down and
anew RefeJTats M&]agvwill be neede<L
Jo Baker stepped down as Secretsry FAaving Fwformed the tole ￿Tefi￿y and conscientiously throughout her
thr¢e-year tenn.
Aftermanyyearsofpatientandiirele&s WO￿ Providll￿theorgalliSati￿WIth imw)t1antoutome inforn)ation
Wendy Postans retired as the c4￿[dinat0r of Core. So far n(￿one h&8 come forward to take up this role and
Council will review our w of Core. Wendy has been amember of the ICC for tDany yeats giving thoughthl
and dedicated service. I would I￿e to take the opportimty to thank her for her SI￿7ficant contribution to the
life of the organisatiotL
Colin Ralph will step down as aTrth at the 2021 AG￿ having completed nine years on Coun¢il. He will
coniinue lo attend Council in his role as Chair of the Clinical Fonlm Grw.
Robert Tollemache will also step down from Courtil. Robert h&s teen awKiated with the ICC in vartOUS
roles as a member an¢1 more recently. &$ External TnL*. for over 40 years. He h&8 been a solid supporter
of the organisation ￿K1 h&s made an enorniotLS contrib￿lon for which we sincerely thank him. He will b¢
gteady mi&s&l.
These changes in the rwle in key rol￿ in the ICC havfy of cour¥ tsken place again%t the backdrop of the
Covid-19 pandemic. This h&5 been a difficult year for tnany and we. as people and professionals, are not
exempL Th¢ adap￿10￿$ of working from home and the difficulties of Frsonal ¢ircum5tances have C￿ated
their own PTessures for us all. As an organisation the ICC h&s f￿1 its own challenges ptEsenled by the
global p8ndemic.
The instructions to 'stay at IM)me 8nd work from home if you can. Iwl immediate implications for our
consulting room at St Margaret's House which could tKrt be usejj during lockdown. Jenny Cobb. in h¢r role
as Room Rentsls Manager w&8 able to a rent Concession which w&8 pa￿d on to ro)m u8eTS and
for which we were very gratefid. Unfortunately. this short-terni and the red￿ed rrM)m usage balanced
against the o￿Oi￿g ¢onsist¢nt ex￿i￿Jre of maintainin8 the room result¢d in a redu¢tion in this important
income stream for the ICC. Later in the year. as I(￿kdOWn w&$ eawl Jenny Cobb pr¢par&J gutdelines for
metnbers returning to see patients in-pet50n. It became clear that adequate wifi would be essential in
the consulting ri)om. After much reseaTcl4 SaTah Campbell arrangeAI the installation of mobile wifi in
the room to f￿llItate blended w0￿1n&
The pandemic ￿50 had a significant effect on both the volume a￿1 type of referrals. Although there was
much co￿e￿ during 1rtkdoW￿ for the mentsl Wellbei￿ of the natio￿ w¢ saw a redudion in the overdll
number of referrals and an iticre&se in theprokN)rtion ofr*Jueed-fee referrats who are often difficult to place.
These changes were consistent with experience in many otherpsychotherapy clinics in London. Thing5 Ftave
recently begun to sthbilise. with an increasing pro[thi(￿ of medium and standard fee referr￿s. What has
been highlight￿ however. is an external of the ICC &s a provider of low-fe4 or even f￿e.
psychotherdpy. Led by Ilana Bakal the PR & hthlicity committee have been seeking to cO￿e¢t this
impression and wnsidering how to promofr a more tealistic impression of the ICC to the public including
reviewing the website and oursfKial mediaprofile. Meanwhile. inordertoty to problem-solvethe increased
proportion of low-fee referral4 Deirdre Fitzgerald and tKsley PavincAcl4 the memE*rship secretsTies, have
CO￿{UCted a surY¢y of memt*rs to clortfy the wity and availability of lowfee therapy places a¢r05s the
tne￿bership. and Anne Doggett and the Clinical Commtttee have Ixen considering whether offering time-
limited therdpy to people living on a low.iw)me might allow us to offtr help to n)ore low-fee patiert

Th¢se cballenges for the or8anisation FKTrtrDtialty have ongoing implicatio￿$ in compmmised incom
which is not yet seriou4 but which the Treasurer kws under clos¢ review; and in ternis of th¢ service we
provide lo the public and the througlwut of refertals to m¢mber& Council is acutely aware of these issues
and will shortly ￿ holding a Strategy Planning Meeting to plan the ICC'S recovery from the pandemic and
sd the agenda for the eomirg fewyeat5.
The lockdown restrictions also affxted the Colle￿¢. ￿18] atMI pTofessionaL life of the ICC. limiting our
ability to meet in-person. Although we have ¢C￿tinued to hol¢ for example. Council meetings online, th¢
important less ftirnial gxiai inter￿tionS which haprth r￿￿nd tk edges of meetings and events were105t. In
an efforL Ix)th to 5UPFKIrt membeTS with the Wations of pr¥ticing psychoanalytic psychothetapy via th¢
internet or telephone, and to provide opportunities for members to tslk togetlKr ID a relatively inforni81
Settl￿ the Clinica] Fonun Group owised online w0￿shopS on 'On-Line work1t￿, (presented by Julia
Ovchinnikova) and 'Pra¢tice in the Pand￿C.. which We￿ well attentsj aThl well received. MoTe ￿entlY
Coun¢il invited memEws to join them for an InfOrn￿ OPFrf)ttunity to (virti￿11y) meet Council members and
each other, and to rdise and discu&8 their ideas and experience of the ICC. lo help Council better understand
members concerns and infomi the forthcoming Stratov Plamling Meetin& Although these events were
helpful in themselv￿ al￿ served in some part to Conne￿ membeT5 with each other and the ICC. l think it
will be imEX)rtanL in the coming year. ￿ facilitstr a pericrfl of r¢covery in the 0[￿lsatio￿ a￿1 to restore a
Se￿￿e of belonging to a profwional communty amw our m¢mber&
This is one of th¥ ¢hallew w¢ as wr kyyk thc year and i think It is critical for the
future of ICC lo clearly re-e5tablish our identity &s a kny provider of psychoanalytic and psy¢hodynamic
psychotherapy auoss London. It is important for the organisation to more accurately r¢flect the population
we seek io serve by ificr￿sIng diver5ty in the organi￿tiOn and aiming to appeal to a more diverse client
base. To ￿hleve these auns we need to get our Malketi￿ particularly our websi* and digilal markettng,
right. so wtentiaI patients and referrers can find us when they sea￿h a￿A ar¢ drawn to what we offer,
incre&sing th¢ numFw of 5uitsble refmzls acr(tss the fee rang¢ ￿ increasTng the averdge fee wbil¢ staying
true to ourcore values. This will play an imwrtant F*rt in ffstOri￿ the finances ofthe Organisatio￿ but also,
¢rucially. in keeping us ￿leVant to our members and helping to attract tmv m¢mEtts and replenish the
lifeblood of the OTganisatioo.
As COU￿11 prepares to th these issues and plan the diredion and Strategy for th¢ recovery from the
pandemic and for the coming few yeaT4 m¢mbers are eM)urag￿j to Consider the contribution they may be
able to offer to the fLrture life of the ICC. whether through joining a ¢ommitte¢ or working group. tsking up
one of the roles available in the organisatioo or by joining Council. We also n*J to ￿¢rUIt some Ext¢rna]
Tntstees to CounciL A range of eX[￿lse and skills are particularly n¢ede& including financia]. and
marketing. e5pecia]ly dig1ts1-ma￿ti￿ xKial n￿All& Ifyou can help* or you kww someone who might
be able to help* please let us know.
Allstslr Park
Chalr, Inner Cty Celltre
November2021
Fillan¢lal Rew)rt
End of Year B￿Jget Re[￿- 202012021
The ICC Ac£ounts collectivety from AUg￿t 2020 to July 2021 have Iwi collated by the Book Ke4Er and
reflect the mijnthly income &Ki over this iastyear.
Part I: Incom¢
Generally. income is below bty in every area excq)t donatioThs. This is not su4)rising given the pres.
sures of the pandemic." Tolwed refetrals. increased low fee referrats" working from Ib)me ¢tc.
RefeJTal Fees and Room Rentsls
The ￿Ve1)ue collected from these athitses represents the major iDcome streams for the ICC. These are all
significantly below b￿lge¢ Referral Fees by 32Yo and R(M)m Rentsls by 22% respectively.

Interestingty. the Referral afyj Administi*ion fees have an e￿tiC dtstribution throughoutthe year and it is
hard to understand the relation between tlw in¢Lwn4 ahlx)ugb theoretically that might be ￿Umed.
MemE*rship
The Tevenue collected from mem1￿rShip rewesents the third major inrA)me stream the ICC. This is also
below b￿Aget by 7%
Part 2..
On a p)sitive note, costs hav¢ ge￿alty teen lower than budget due to the pandemic. For example. Trustee
Costs ore low¢r (115%) mainty due to holding me¢ting5 remotsly. Th¢ website costs are also considerably
lowv (S￿) as the budgd refi￿￿ the higher exwMlttiw¢ in the previous year.
The main variation is in Refrml Therapists costs (17%) to a hiatits between the departu￿ of one refer.
rai therapist and the appx)intment of a repl￿nenL
Room Rentsl
The rooms at St Margaret's House continue to acctue a profit dwite the P8ndernic. Further investment in
Wi.Fi will add additional wst on thr next bw Imtt will llill reflect a PTotit If the next year is similar.
of Bud et for 2020r21.
The overall picture is a deficit of approximatety £25(K). This is not Su￿1S1ng gÈven the pressures of th¢
pandemic. but it reflects a more significant drop in in¢om< than in exF*nditure, and thi5 is not sustainthle.
Action is T￿eded in key ar￿ of income to restore the income streams or minimise losses.
Notes on Draft B
et for 202
The draft budget for 2021r22 is recommeTrtsl to be s& fr* £31,947.
This figwe may at first seem big￿ but this inclth the ffi￿1 costs per annum for two Refrml Ther-
apists, not apparent in last year's eX￿MIltiwe.
Additional allowance h&s i￿1 C￿at￿l for a new monthly invoice for Wi Fi at the ICC r￿)rn at St Marga-
ret's House which wtll 8￿xIm￿lY ald £25.(Kl onto ex￿￿1th.
This Draft also includ&s monie5 for Fund Raising and General Exp￿SeS which w&s not i￿lUd￿ in1&5t
year's budgeL
Consumable expenditure. such a8 Bank Fe￿ IT Softwar4 PW Printtslg and StstiorKry. Websit¢ have
been budgeted with a 2.5% Retsil Price Index (RPI) to guard against th¢ forthcoming iDfi*ion increases.
This has incre&8¢d this draft budget by £85.IK>.
Conclusioft
Generally. for the Actual B￿get for 2020r21. The ICC irK(Mne is below budget in every area except dona.
tions. This is not surprising given the of ts pwvjemic". r*jE￿I referra￿. increased low fee refer.
rals. Working from home etc.
However. looking 8t the ICC main iDcom¢ streams. (Referrajs a￿1 R(M)Ttt R￿￿ts} this slight downward
CUTve is not sustainable. Action is needeA to increase level of rcferrals and the average fee of referral4 and
Prepared by Sarah Campbell.
ICC Tre&%urer. 1719r2021.

RESERVES
At presenL all our reserves ate in Curr¢nt and [￿Sit Accounts with Barclays Bank. The
T￿￿te¢S continue to monitor th¢ investments h¢ld to achieve the best return consistent with
security and liquidity.
The TnLStees took the decision to maintain ￿erVeS at the level of at least six months nu]ning
costs, and to transfeT tbis to the Designated
RISK REVIEW
The charity relies on income fmm granty donations, membership fees together referral
f¢es and room rentaIs. It rc¢ogDiSCS that should the memberships r¢feErals and rentals even be
slightly restricted the clwity would be unable to fillly n]aintain its operntions. The Charity
considers that were either source of to fall by a material amount then its net current &ssets
would be sufficient to maintsin itself for at least six month4 and that whilst higher levels of
reserves would be desirable, this level is a re￿nable and sufficiart reserve to be held.
By the very natur¢ of the services provided by the clwity there are risks associated with
working wKth people with mental health problems. The charity mitigates this risk by:
l) Perforniing indiv1th￿l risk as8e&sm¢nts of all propwd Clients in advance.
2) All Membets are professionally qualified and registe￿1 and owate within the code of
etbics of their registering Ix)dy.
3) Standard opeming procedur￿ are there to protect and maintsin the safety of all within
the organisatio
RESULTS AND DtVIDENDS
Ib
The Deficlt for the t¢riod all￿ullted to £2.448. The Company is not em￿)wered to make a
dividend payn)enL
The above rcoK)rt h&5 E*en prepared in accordance with the special provisions of Part 15 of th¢
Companies Act relating to the compw.
Registered Offic¢:
21 Old Ford Rd.
London
E2 9PL
By order of the Board
Company Secretary
(Member Trustee)

Report of the Independent Examiners to the memberj of
We rew)rt on the financial statements on pages l O to 15, sYl]ich have been prepared under the
]JAstoricaI cost convention and the accounting policies set out on pag¢ 12.
Respective responsibilitKs of dSrectors and examirA¢r
As descril￿d on page 4 the company's directors are res￿nSIble for the pryaration of financial
statements, you consider that th¢ audit requirement of section 144 of tb¢ Charities Act 2011
{th¢ Act) does not apply. It is our resFK)nsibiiity to stale on the b&sis of the pr￿edureS specified
in the General Directions given by the Cbarity Commissioners under section 145{5)(b) of the
A¢L Wheth￿ partiadat hdV¢ my atieniio
Basis of independent ¢￿IDerS, report
Our examinthon w&8 catried out in accordance with the General Directions given by the
cI￿lty CommissioD¢rs. An examination includes a ￿VIeW of the accounting records kept by
the charity and a compatison of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeking explanations
from your directors concerning any such matters. The procsjures und¢rlaken do not pmvide
all the evidence that would be required in an audi¢ and consequently we do not express an audit
opinion on the view given by the accoun
Independent examiners. report
In connection with our examintho￿ ￿ matter has come to our attention:
which gives reasonable cause to believe thal in 8ny Materi￿ respect the requirements
have not been met".
a) to keep acco￿tIng re(x)rds in accordance with s¢¢tion 4J of the ACL and
b) to prepare xcounts which accord with the ￿Ullting rw)rds and to comply with
the accounting requir¢ments of thc ACL
to whicPL in our Opinio￿ attention should ￿ drawn in order 10 enable a proper
understanding of the accounts to be rexhe
Vantage Aceounting Services LthL

Statement of Financial Aetivity
For the year ended 31st JDty 2021
2fQl
Restri￿ unrestric￿ Designated Total Totsl
Income from charitkble a¢tivities
Income from investtnents
Total In￿￿1￿% Res0￿ree1
2(&)
95(Kl
16,074
9.500 14,623
16,074 17213
49
581 31885
2(¢)
Costs directty related to charithble
Activities
Ailministrative wsts
Totsl Resources Used
4(a)
4(b)
15,038
15,038 13,795
3081 13851
28118 27646
Net IDeomin￿lo￿tgollry) Ruotsrces
11537)
11537) 4239
io
087 24 848
Fuud Retsined Surplus at end of y￿r 7
None of the coMpm￿S activities w¢re acqu￿￿1 Ordi￿￿￿U¢d dwing either fiDanciaJ year.
The company has DO recwlised gaiDS ￿l0&￿eS otherthall the surplu5 1 (thfftit) above for eitheryear.
The ncrt&s m pag&$ 12 to IS forni p&rt of thtse FiDan¢MI SiatemeDts.
10

ststement of Financial Position
At 31st July 2021
2020
Debtors
35
35,609
Cre41itors- amounts fallingdM¢
Within olle year
38.986
Net euryent wtsl{Ilabtli¢ies)
26J50
29.087
Total $53ets It&* Current Il*bllitks
Represented by.."
Shar¢hoider8' Capital hjwls
GeD¢r*l
Balance at 3 1st Juty 2021
10,030
12.567
D¢sigDated
Balance at 3 1st Juty 2021
iO.fAX)
Balance at 31st Juty 21r21
Tol*l
For the year ended 31° Juty 2021 the company was entitled to exemirttiw audit under section 477 of the
Companies Act 2(K)6 r¢JatiDg to ￿all compaDie&
The tnanbers have Dot rwiired the aXDpany w obtaiD an audit of its accounts for th¢ year in question in
a¢¢ordance with s476.
The trnstees acknowledge their rtsponsjbllities for comptyllig with the wir¢m¢nts of the Act WAth respect to
provisions appli¢able to c￿lpanY'S wbjttt ts) the sma]1 ¢(xnpanies' regitlle.
The fman¢iat statementson pages Ioto 15 wae apwovedbythe djre¢￿￿.........................
and were signed their bdjalf by:"
2ozz
Sarah Campbell
Alistair Park
The Dotes on pages l I to 14 fThm pat of these Financial Statements

Notes to the fmancial statements
For the year ended 31st Juty 2021
l. Prln¢ip•l ae¢ouDtiMg poliei
is of*¢couttting
The financial sthtema)ts have been prepar&1 on the basis of historic cost iti ac¢ordallr¢ with tbe Charities SORP
IFRS102) i.e. the Statement of Recommended Practice applicable to ch8rili¢s prepariDg their accounts in
accordance with the Financial ReFthllg Standwd applicable in the UK and Republic of Ireland (FRS 102)
(effective I. January 2015) attd the com￿￿1￿$ A¢t 2(&5.
Income
Incorne comprises subscritrtftons, donati￿ gr¥A refml f￿ and room rntajs ￿¢¢IVable. where grattts ar¢
made in resw of a spectfic tizne pff1￿1 they ar¢ treated as debtors provi￿ that they are subsequently received
in Sjll. The itieom• is dwrvcd from activitiw in th¥ U.K.
T￿atIon
No UK tax4tÈon is wable due to the dwitsble 51atus of the comrony.
Lase payments in rrye(* of op￿Ing lew are charged to the Profit ond LIM &$ incurTe¢l
Funds
The rtstriLted funds existdueto the T￿e￿A of grth wdtht)atioJJs forstrfific puryKws. The costs of raising and
administering such fi￿￿$ are cbarged agaiDstthe specific fim(L
as to the nature of these CO￿ see notes 4(a) and 4(b).
12

THE INNER CITY CENTRE
Notes to the financial statements
For the year ended 31st July 2021 (continued)
2021
21f21
2021
21r21
2020
I Income
(a) DonatlDJ4 Grants #md s¥TrAcriptK*s
DoTtations
FundraÈsing
Membership thscriMioDS
200
3.685
1238
(b) Charltable *etlvhies
Refml fees receivabk
Administration ftes
Room rentals
Other income
4.105
2.426
9J99
144
4.105
2.426
9J99
3.517
11,682
414
213
(c) Investment income
Interest receivable
49
3. (a) TrusteeJDirectors' remlln¢ra¢ion
TDJStees are notP¢Tmitted torecetveany remuDu•knM UDderthe Articksofthecompany. H¢nK no remuneration
was paid in the F¢riod. T￿￿08 are all dir¢ct(K4 manbers aod are all Psychotbcrapists" whopay subs¢riptiiyn fees
to the organiwion to nwtntain their membeT5hip- 2(Y21: £9JOO (2020.. £9,7￿). Clients are a￿&sta and p&ss¢d
OD io suitable therapists who will then w the organisation a referral fre- 2021: £4.105 (2020.. £3.517). Two
Tefrnal therdpisls (also memkn) are paidbytheorganith f(Ythelrr¢fe￿alw{￿k2ff2I. £9.820 {2020.. £8.710).
13

Notes to the finaDeial statements
For the year ended 31st July 2021 (continued)
21120
4*). Costs dirertty rel•ttd to ¢b*ritsble
aetivities
Ref¢nls Therapi
9.820
9,820
8.710
31)0
Rent and ra*5
4(bl Admltsistrdtlon ¢th
Professional fe
9.154
9.154
7.542
Insuran¢¢s
Banking fees
Fundraising costs
pps
Telephotie
697
42
678
42
205
666
505
1511
120
624
Website d¢velopm¢Dt
Sundries
{74}
743
78
595
(74)
743
595
14

THE INNER CTfY CEiYfRE
Notes to the financial statements
For the year ended 31st July 2021 (continued)
2(J20
Cssb in b*nd and *t b14k
CommuDty Acco
Paypal Account
PIO Account
21,833
500
1,466
19.926
Creditors- falkng d•¢
withID one year
Accnthls
6,800
5,400
Capital Fumd
The company is limited by gumtee. 7?￿t guardnte¢ is restricted to £1 per manber. The company is disbaTred
by its Articles of association ftom making a distributirn kn its niemkn. The capitsl funds ate repr￿nted primar.
ily by money in the baDk
G¢Der#l
Balance a¢ 1st AUS￿ 2020
Deficit for the year
TraDsfer frotn Designated Fund
11567
(2.448)
Designated
Balallce at 1st AUg￿￿t 2020
Deficit for the year
Trdvsfer from Desiwknl FUNI
lo,6￿)
Balance at 1st August 2020
Surplusl (Defi¢it} forthe year
5.920
Total
Th¢ restri¢*d fund represents the value of grants rec¢twJ fif the puryw of pyovidtng tAwsari￿ forp¢ople who
are in low-paid work or part time ¢mploym¢nL
15