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2023-03-31-accounts

Contents			Page
1. Trustee's	Annual Report			3-30
2. Independent		Verifier's Report		31
3. Statement		of Financial Activities		32-42

				Notes		Unrestricted	Endowment	Restricted		Total		Total
											~
						Fund	Fund	Fund	'	2023		2022
						f	E
Income and Endowments			from:.
									I
Donations and legacies								497,104		497, 104		535,276
Income from investments						4,331	3,810	-		8,141		6,529
Income from Charitable		activities
Other Income						3,400		12,291		15,691		1,075
Total Income and	endowments			3	I	7,731	3810	509,395		520 936
Expenditure on:
Raising Funds				4				25,754		25,754~		37,696
Charitable activities				5		6,602	-	535,216		541,818i		453,140
Other Expenditure								7,000		7,000	I	7,000
						6,602i		567,970		574,572I		497,836
Net (losses)/gains	on investments						(2,244)			(2,244)		2,552
Transfers between	funds					(2,630)		2,630
Net income/(expenditure)						(1 501)	1 566I	(55945)		(55 880)		47 596(
Reconciliation offunds:
Total funds brought	forward			13		74,067	118,093	307,576		499,736		452,140
Total funds carried forward				13		72,566	119,659	251,631		443,856		499,736

				Notes	'	2023 -.-.	' 2022
Fixed Assets:
Investments-10, 638Charities			Pool Units	9		96,349	98,593
Current Assets:
Debtors				10		49,484	22,500
Cash at bank and in	hand					316,997	381,032
Liabilities
Creditors: Amounts	falling due		within one year			18,974	2,389
iNet Current Assets						347,507i	401,143
Total Net Assets						443,856	499,736
The funds ofthe charity:
Unrestricted fund				12&13		72,566	74,067
Expendable Endowment		fund		12&13		119,659	118,093
IRestricted Fund				12&13		251,631	307,576
Total charity funds						443,856,	499,736i

		Partnershgi	for Young London	for Young London	for Young London
			Unrestricted	Endowment		Restricted	2023				2022
										I
			Fund	Fund	i	Fund	Total				Total
							2023				2022
			Unresticted	Endowment		Restricted	Total				Total
				E		E
Donattons and Legaclesr
Grants recelved-
City Bridge Trust	Core										26,500
National House project											11,500
HAYN Youth Network						8,000'	8,000				30,700
Trust for London						54,300	54,300				64,600
Paul Hamlyn											5,000
City Bridge Trust	2					10,000	10,000i				69,300
City Bridge Trust	3					56,000	56,000		i		64,000
City Bridge Trust	1					51,000'	51,000
Digital Champions						10,756	10,756				29,203
NYA Core											21,550
London CiCC						95,506	95,506				30,559
NYA Bursaries						112,592	112,592				107,951
National Community		Lottery				87,000	87,000				43,100
Rocket Science											19,362
Rutlish School											15,150
Museum ofLondon						11,950	11,950		i		5,000
City ofLondon bad		debt w/off									-8,699
Contributions											500
Total Donations	and Legacies					497,104	497,104				535,276
Income from Investments:
investment dividend		income		3,810			3,810				5,133
Interest on cash balances			4,331				4,331				1396
Total Income from		Investments	4,331	3,810			8,141				6,529
Other Income:
Other			3,400,			12,291	15,691				1,075
Total other Income						12,291	15,691	i			1,0751
ITotal Income			7,731	3,810		509,395	520,938				542,880

5. Expenditure on Cha	5. Expenditure on Cha	rit	able Activities	able Activities	able Activities
Outgoing resources			are expended			on	charitable		activities such		as staff costs,	indirect staff
expenditure,	such	as training,			website		maintenance and other				supplies and	services and
governance	costs,	such as audit fees.					Expenditure		for the year	amounted. to f548,818 (2022:
f460,140) of which.			f7,000 was			other	restricted		costs (2022 -		f7080), f535,216 (2022-
f453,140) was restricted				and	F6,602		was	unrestricted (2022-		fnil). This is: broken			down as
follows:
					Unrestricted			Restricted
						Fund			Fund	2023 Total 2022 Total
Direct costs:
Staffcosts								0	256,200		256,200		272,124
Consultants / Seminars								0	262,333		262,333		162,142
Oflice expenses								0	1,309		1,309		2,469
Computer costs								0	576		576		1,762
Refund ofgrant								0	0		0		0
Other							6,602		13,898		20,500		13743
Governance - examination			fees					0	900		900		900

	2023	2022
Salaries and war es	243,994		270,381
National Insurance costs	22,390		22,911
Em lo;er's ension contributions	15,570		15,528
Total emoluments ofemployees	281,954		309,820

		31 March	2023	31 March	2022
		3year	5year	3year	5year
Fund		+14.06%	+5.64%	+7.3%	+6.2%
FTSE	All Share	+13.81%	+5.04%	+5.3%	+4.7%
Fund	Outperformance	025%	+06%	+2%	+1.5%

Asset Type/Location	Asset Type/Location			Amount
Equities
United	Kingdom		81.14%	E18,010,057.03
81 Europe			12.03%	E2,670,204.48
Japan (Overseas)			1.57%	E349,083.02
Equities	Total			F21,029,344.53
Pooled	Investments
United	Kingdom		3.28%	E727,244.90
Pooled	Investments	Total		E727,244.90
Cash			1.98%	E438,439.23
Charities Pool Total			100%	E22,195,028.66

		2023	2022
		E'.	E
Trade	Debtors	49,484	22,500
Other	Debtors		0
		49,484	22,500

Trade Debtors Other Debtors 11.Creditors:	E'. 49,484 49,484	E 22,500 0 22,500
	Unrestricted	Fund
	2023	2022
	F	F
Accruals and deferred income	1,800	1,800
Trade Creditors	17,119
HM Revenue &Customs	55	589
Other Creditors
	18,974	2,389

			Unrestricted	Endowment	Restricted		Tots I		Total
			Funds	Funds	Funds		2023		2022
			f	E	E	i	E		E
Fixed Assets
Investments				96,349			96,349	I	98,593
Total Fixed Assets				96,349			96,349I		98,593
Current assets			91,540'	23,310'	251,631		366,481	1	403,532
Current liabilities			18,974				18,974		2,389
Total Net Assets	/	liabilities)	72,566	119,659	251,631		443,856		499,736

				U'nrestrtctedEndowment Restricted	U'nrestrtctedEndowment Restricted	U'nrestrtctedEndowment Restricted	U'nrestrtctedEndowment Restricted	Tote I		Total
				Funds f	Funds	i Funds		2022 f		2021. f
Fixed Assets
Inaestm ants'					98,593			98,593		94;061
Total Fixed Assets					98,593			98,593		94,061
Current assets				76,456 19,500l 307,576				403,532		378,761
Current liabilities				2,389				2,389		20,682
Total Net Assets /		liabilities		74,067 118,093 307,576				499,736		452,140
13. Movement	ofFunds		during	the year to 31 March 2023
				Balance at			Transfers/Net
				1 April	Incoming	Outgoing	Gains	on	Balance		at 31
				2022	resources resources		Revaluation			March	2023
							f			f
Unrestricted General		fund		72,945'	7,731	(5,480)	(2,630)		i		72,566
Restricted General funds				1,122 1		(1,122)					0
Expendable endowment			fund	118.093 i	3810		(2,244)		'		119,659
Restricted Fund				307,576'	509,395	(567,970)		2,630			251,631
Total Funds				499,736 i	520,936'	(574,572)	(2,244)				443,856
Total restricted	funds	c/f at the		year end aref306,698.
13a Movement	ofFunds during			the year to 31 March 2022
							Transfers/Net
				Balance at	Incoming	Outgoing	Gains	on	Balance		at 31
				1 April 2021 f	resources resources f		Revaluation f			March f	2022
Unrestricted General		fund		47,321	1,971		23,653				72,945
Restricted General funds					79,863	(78,741)					1,122
Expendable endowment			fund	108,428	5,133			4,532			118,093
Restricted Fund				296,391	455,913	(419,095)	(25,633)				307,576
Total Funds				452,140	542,880	(497,836)		2,552		499,736