2021-03-31-accounts - Partnership For Young London

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tents	Page
1. Trustee's Annual Report		3-24
2. Independent Verifier's		25
3. Statement of Financial Activities		26-36

Troy Norbert	Youth Engagement Lead
Matthew Walsham	Policy and Research Lead
Naomi Emmanuel	Youth Board Facilitator (Left March 2021)
Rianne Williams	Communications Lead
Sandra Vacciana	Improving Practice Lead

	Partnership for Young London
Sharon Long	Strategic Director
Zoe Nation	Events and Training Lead
Sara Ahmed	Children in Care Council Development	Officer
Recce Lukeman	Children in Care Development Officer
Kelsea Sellars	Policy and Campaigns Officer
Nikita Joshi	Policy and Information Intern (Left May	2020)
Chelsea Mc Donagh	Policy and Research Officer (Left March 2021)

Statement ofFinancial A	ctivitie	s	for th	e	Year ended	31 March 2	021
			Notes		Unrestricted	Endowment	Restricted	Total	Total
					Fund	Fund	Fund	2021	2020
Income and Endowments	from:
i Donations and legacies iIncome from investments					31,952 1,882	4,260	529,772r	561,724 8,142 i	475,133 4,174
iIncome from Charitable activities									16,198
Other Income					3,023i			3,023i
! Total Income and endowments		i	3		36,857i	4,260i	529,772i	570,889	495,505
, Expenditure on:
Raising Funds						!	27,295' ,	27,295'	23,286
Charitable actiVities					3,677[		368,912I	372 789'	323,805
Other Expenditure					7,000			7,000i	7,000
					10,877		396,207	407,084	354,091
Net (losses)/gains on investments			9			18,563	-	18,563'	(17,265)
Transfers between funds
, Net Income/(expenditure)					25,980	22,823i	133,565'	182,368'	124,149
Reconciliation offunds:
Total funds brought forward			13		21,341 i	85,605	162,826	269,772	145,623
Total funds carried forward			13	'	47,321	108,428'	296,391	452,140	269,772

			Notes		2020
Investments-10, 638Charities		Pool Units		94,061	75,498
! Current Assets:
Debtors			10	95,146	20,63fi
iCash at bank and in hand				283,615	218,884
iLiabilities
,Creditors: Amounts falling due		within one year	11	20,682. '	45,24'
				'	'
'.Net Current Assets				358,079,	194,274,
;Total Net Assets				452,1401	269,772
The funds ofthe charity:
I Unrestricted fund			12&13	47,321!	21,341'
Expendable Endowment	fund		12&13	1O8,428l	85,605l
IRestricted Fund			'.12&13	296,391 '	162,826
Total charity funds				452,1401	269,772'

				Unrestricted	Endowment		Restricted	2021	2020
				Fund	Fund		Fund	Total	Total
					E		8
						I
Donations and Legacfesr
Grants recelved-
'GLA									7,840
i National House project							11,050	11,050'
I HAYN Youth Network							16,000	16,000
Trust for London							59,250	59,250'	6o,oooo
'Paul Hamlyn							4o,oooj	4o,ooo	so.ooDI
,City Bridge Trust 2 City Bridge Trust 3							60,000' :""'l-	60,000 26,7501	53250
ICity Bridge Trust Cornerstone							70,000I	7o,oooI	68,000,
IDigital Champions							89,521.	89,521	23,406
CYP Friendly City									19,653
~ London CiCC							29,998I	29.998I	14,999)
NYA Bursaries							81,000I	81,000	8 300I
National Community	Lottery						46,203	46,203	41,000
Contributions				31,952				31,952,	18,685
Total Donations and Legacies				31,952			529,772 561,724:		475,133
Income from Investments:
investment dMdend	income				4,260			4,260	3,560
Interest on cash balances				1,882				1,882	614
Total Income from	investments			1,882	4260l			6,142	4,174
Income from Charitable		Activities:
Membership Fees									16,198
Consultancy
'Total Income from	Charitable		activities						16,198
Other Income:
Local Authorities
Other				3,023				3,023
Total other income									0
Total Income				36,857	4,260		529,772 570,869		495,505

		2021
Salaries	and wa as	222,127	199,063
National	Insurance costs	18,990	17,158
Emolc	sr's snsion contributions	14,560	13,844
Total emoluments ofemployees		255,677	230,065

		31 March	2021	31 March 2020	31 March 2020
		3year	5year	3year	5year
Fund		+5.04%	+7.19%	-2.44%	+1.37%
FTSE	All Share	+3.19%	+6.29%	-4.24%	+0.57%
Fund	Outperformance	+1.85%	+0.90%	+1.80%	+0.80%

CHARITIES POOL	CHARITIES POOL	MARKET 2021	VALUE AT 31-MAR-
Asset Type/Location			Amount
Equities
United	Kingdom		F17,750,500.63
Europe			E2,226,013.06
North America			E299,850.26
Equities	Total		F20,276,363.95
Pooled	Investments
United	Kingdom		E1,162,700.40
Pooled	Investments	Total	E1,162,700.40
Cash			E295,849.01
Charities Pool Total			E21,734,913.36

. Trade Debtors Other Debtors 11.Cmlitors:	2021 R 94,920 226 95,146	2020 F 17,939 2,696 20,635
	Unrestricted	Fund
	2021	2020
	F	F
Accruals and deferred income	9,100	32,865
Trade Creditors	10,348	10,000
HM Revenue &Customs
Other Creditors	1,234	2,380
	20,682	45,245

		Unrestricted	Endowment'Restriotedi	Endowment'Restriotedi		Total		Total
		Funds	Funds	Funds	1	2021		2020
							'
			6			8		F
Fixed Assets
							'
Investments			94,061			94,061		75,498
Total Fixed Assets			94,061	-		94,061		75,498
Current	assets	57,6551	14,367	306,739'		376,761		239,519
Current	liabilities	10,334&		10,348		20,662		45,245
Total Net Assets I (liabilities)		47,321,	108,428,	296,391		452,140		269,772