| Objectives ofthe Trust | 3 |
|---|---|
| Theory ofchange | 3 |
| Governance ofthe Trust | 3 |
| The impact of COVID-19 | 4 |
| Activities during the year | 4 |
| JST/RTS YoungTalent ofthe YearAward | 4 |
| John Schofield Trust face to face mentoring scheme for early careerjournalists | S |
| John Schofield Trust online mentoringscheme for 16-18-year-old students | 7 |
| Masterclasses | 8 |
| Other events | 9 |
| Communications | 9 |
| Website | 10 |
| Social media | 10 |
| E-newsletter | 10 |
| Fundraising | 10 |
| Staffing | 11 |
| Regulatory | 11 |
| Income and expenditure | 11 |
| GiftAid | 12 |
| Riskmanagement | 12 |
| Reserves | 12 |
| Future plans | 12 |
| Financial report ofthe trustees | 13 |
| Appendix | 14 |
| Progress made from future plans outlined in 2019-20 annual report | 14 |
| Online events | 14 |
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
|---|---|---|---|---|---|---|---|
| Receipts | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | ||||
| Donations | £74,768 | £17,500 | £92,268 | £55,657 | £0 | £55,657 | |
| Salary Grant | £2,034 | £2,034 | £0 | £0 | |||
| Total Receipts | £76,802 | £17,500 | £94,302 | £55,657 | £0 | £55,657 | |
| Payments | |||||||
| Salaries | £16,216 | £16,216 | £13,990 | £13,990 | |||
| BEC CEO | £13,200 | £13,200 | £0 | £0 | |||
| Employer NI | £1,334 | £1,334 | £6,448 | £6,448 | |||
| Employer Pension | £397 | £397 | £1,699 | £1,699 | |||
| Payroll costs | £720 | £720 | £780 | £780 | |||
| RTS Bursary | £1,500 | £1,500 | £1,500 | £1,500 | |||
| Insurance | £588 | £588 | £141 | £141 | |||
| Software charges | £1,487 | £1,487 | £0 | £0 | |||
| Website charges | £11,160 | £11,160 | £0 | £0 | |||
| Online mentoring | £0 | £10,782 | £10,782 | £9,233 | £9,233 | ||
| IT Equipment | £1,443 | £1,443 | £0 | £0 | |||
| Consultancy | £875 | £875 | £3,773 | £3,773 | |||
| Audit examination fee | £495 | £495 | £500 | £500 | |||
| Otherexpenses | £1,479 | £1,479 | £2,219 | £2,219 | |||
| EBRD Spring Reception (GIK) | £0 | £0 | £2,077 | £2,077 | |||
| EBRD Autumn Reception (GIK) | £0 | £0 | £3,527 | £3,527 | |||
| Travel expenses | £0 | £0 | £0 | £4,596 | £4,596 | ||
| Masterclass | £0 | £0 | £632 | £632 | |||
| Donation Fees | £170 | £170 | |||||
| £51,063’ | £10,782 | £61,845 | £46,519 | £4,596 | £51,116 | ||
| F | |||||||
| Surplus (Deficit) | £25,739 | £6,718 | £32,457 | £9,138 | -E4,596 | £4,542 |
| Assets | Designated Funds |
Unrestricted Reserves |
Restricted Funds |
Total Funds 2021 |
Designated Funds |
Unrestricted Reserves |
Restricted Funds |
Total Funds 2020 |
|---|---|---|---|---|---|---|---|---|
| Cash atBank | £39,600 | £55,282 | £6,725 | £101,607 | £39,000 | £30,143 | £7 | £69,150 |
| Debtors | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| 0 | ||||||||
| Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Net Assets | £39,600 | £55,282 | £6,725 | £101,607 | £39,000 | £30,143 | £7 | £69,150 |
| 0 | ||||||||
| Total Reserves | £39,600 | £55,282 | £6,725 | £101,607 | £39,000 | £30,143 | £7 | £69,150 |