## ## |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|| ## ## ## ## ## ## ##