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2022-12-31-accounts

Referenceandadministrativeinformation 3-4
Trustees'AnnualReportfortheyearended31December2022 5-15
Independentauditor'sreporttotheTrusteesofLondonCatalyst 16—19

Statementoffinancialactivities 20
Balancesheet 21
Notestothefinancialstatements 22—29

GRANTSANDDONATIONS
Summaryofallgrantspaidorcommittedin2022 30—36
TheHospital-SundayAppealdonationsin2022 36

DirectorandCompanySecretary VictorWillmott
Administrator JessicaStephenson-Clarke(appointedFebruary2023)
HonorMorris(resignedNovember2022)
Principaloffice 45WestminsterBridgeRoad
London
SE17JB
Auditors BUZZACOTTLLP
130WoodStreet
London,EC2V6DL
Bankers CAFBANKLTD
25KingsHillAvenue,KingsHill
WestMailing
Kent,ME194JQ
ROYALBANKOFCANADA
54BathStreet,
StHelier,
Jersey,JE48YD
InvestmentAdvisers STANHOPECAPITALLLP
35PortmanSquare
London,W1H6LR
Solicitors WITHERS
16OldBailey
London,EC4M7EG

ALLOCATION STRATEGIC
ASSETCLASS AT31DEC ASSET RANGE BENCHMARKINDICES
2022 ALLOCATION
Cash 2.5 5 0-15 Sterling3-monthLIBOR
Governmentbonds 7 0-20 FTSEAllStocksAllGilts
Indexlinkedbonds 0 0-20 FTSEAllStocksIndexLinked
Corporatebonds 8 0-20 MerrillLynchSterlingCorporateBonds
Overseasbonds 0 0-10 JPMorganGlobalGovernmentBonds
Totalbonds 9.3 15 10-30 ---
UKequities 35 20-50 FTSEAllShare
Overseasequities 35 20-50 MSCIACWorldexUK
Totalequities 74.8 70 55-85 ---
Property 10 5-15 MSCIUKMonthlyPropertyIndex
Absolutereturn 0 0-10 RPI+2.5%p.a.
Commodities 0 0-10 RogersInternationalCommodity
Totalalternatives 13.4 10 5-20 ---
Total 100 100 --- ---

21 June 2023

2022 2021
Total Total
Notes Funds Funds
Incomeandexpenditure £ £
Income
Donations 2 18,040 22,054
InvestmentIncome 3 264,647 230,771
InterestReceivable 3 19 -
Totalincome 282,706 252,825
Expenditure
CostsofRaisingFunds
FundraisingCosts 4 (4,048) (3,950)
InvestmentManagementCosts 4 (34,904) (32,469)
ExpenditureonCharitableActivities
Grant-making 4,6 (335,445) (291,113)
SupportCosts 4,5 (109,394) (102,199)
TotalExpenditure 4 (483,791) (429,731)
NetExpenditurebeforeinvestmentgains (201,085) (176,906)
(Losses)/Gainsoninvestments 8 (1,429,142) 1,659,505
Net(expenditure)/IncomeandNetMovementin
FundsfortheYear (1,630,227) 1,482,599
ReconciliationofFunds:
Balancesbroughtforwardat
1January 15,673,055 14,190,456
Balancescarriedforwardat
31December 11,12 14,042,828 15,673,055

2022 2021
£ £
Donationsincludingdeedsofcovenant&GiftAid 18,041 22,054
18,041 22,054
Seepage36forthelistofdonationsreceivedintheyear.
3.INVESTMENTINCOME
2022 2021
£ £
DividendsonUK/Foreignpooledfunds 264,647 230,771
InterestReceivable 19
264,666 230,771
4. TOTALEXPENDITURE
2022 2021
£ £ £ £
STAFFCOSTS OTHER TOTAL TOTAL
Costsofraisingfunds (Note5)
Fundraisingcosts(5%ofSalaries) 4,048 - 4,048 3,950
InvestmentManagementcosts - 34,904 34,904 32,469
Charitableactivities
Grantmaking(note7) - 335,445 335,445 291,113
Supportcosts(note5) 76,914 32,480 109,394 102,198
TotalExpenditure 80,962 402,829 483,791 429,730

2022 2021
Wagesandsalaries(95%) 76,914 75,047
Managementfees 14,730 14,055
Insurance 705 685
Sundryexpensesandotherexpenses 7,745 4,611
Auditorsremuneration(note6) 9,300 7,800
109,394 102,198
taffCostsandRemunerationofKeyManagementPersonnel:
2022 2021
Wagesandsalaries 70,930 69,475
Socialsecuritycosts 2,939 3,270
Pension 7,093 6,252
80,962 78,997

2022 2021
No. No.
SupportStaff 1.4 1.4
6.
GOVERNANCECOSTS
2022 2021
£ £
Current yearauditfees 9,300 7,800
Total 9,300 7,800

2022 2021
£ £
Institutional 335,945 291,835
Prioryeargrantswithdrawn/returned (500) (722)
335,445 291,113
(158grants) (174grants)

2022 2021
£ £
Listedinvestments
Marketvalueat1January 15,622,574 14,130,366
Additions 1,695,514 400,106
Disposals (2,110,525) (558,941)
NetRealisedandUnrealised(Losses)/Gains (1,429,143) 1,651,042
Marketvalueat31December 13,778,420 15,622,574
Cashdepositsheldforinvestment 259,419 49,658
Totalinvestmentsat31December 14,037,839 15,672,232
Historicalcostat31December
(includingdeposits) 12,610,999 12,043,735

nvestmentsincludingcashdepositsareheld inthefollowinggeographicalareas:
2022 2021
UK&Ireland 6,954,468 8,936,338
Europe(ExUK) 524,988 585,976
NorthAmerica 316,416 601,449
Pacific 605,154 664,867
Global 5,389,652 4,592,830
International 247,161 290,771
14,037,839 15,672,232

cludedwithintheinvestmentsheldattheyear-endarethefol
an5%ofthetotalmarketvalueofnon-cash investments.
lowinginvestmentswhichindividual lycomprisemore
2022 2021
£ £
(sharesIIIPLC-CoreMSCIWorldETGGBPHDG 1,354,916 -
CharitiesPropPropertyFund 1,351,614 1,477,482
EvenlodeInvMgmtLtd 1,343,674 1,418,270
FundsmithLLP 1,277,605 1,416,101
VanguardFundsPLC—S&P500UCITS 1,259,861 1,044,576
IsharesIIIPLC-CoreMSC(WorldETF 817,831 2,395,824
Legal&General—L&GUKIndexTrustIDIS 817,226 841,899
VanguardFundsPLC—FTSE250UCITSETF 805,818 1,008,538

2022 2021
£ £
AccruedIncome 22,881 24,155
22,881 24,155
0. CREDITORSDUEWITHINONEYEAR
2022 2021
£ £
Accrualsforgrantspayable 4,200 23,450
Taxationandsocialsecurity 2,086 1,995
Tradecreditors 21,765 25,739
28,051 51,184

2022 2021
£ £
Balanceat1January 15,673,055 14,190,456
Net expenditureintheyear (201,085) (176,906)
(Losses)/Gainsoninvestmentassets (1,429,143) 1,659,505
Balanceat31December 14,042,828 15,673,055
2. ANALYSISOFNETASSETSBETWEENFUNDS
2022 2021
£ £ £ £
FIXEDASSETS NETCURRENT
LIABILITIES
TOTAL TOTAL
Unrestrictedfunds 14,037,839 4,989 14,042,828 15,673,055
14,037,839 4,989 14,042,828 15,673,055

Thetotalunrealisedgainsasat31December 2022constitutemovementson
revaluationandareasfollows: 2022
Unrealisedgainsincludedaboveoninvestments 1,426,840
Reconciliationofmovementsinunrealisedgains
Unrealisedgainsat1January2022 3,628,498
Add:inrespectofdisposalsintheyear 105,203
Minus:netlossesarisingonrevaluationsintheyear (2,306,861)
Totalunrealisedgainsat31December2022 1,426,840

SUMMARYOFALLGRA NTSPAIDORCOMMITTEDIN2022
Organisation Purpose Borough £
Roots4Life TosupportthedevelopmentofaHealthy Living Greenwich 5,000
Clubfordisadvantagedfamiliesandolderpeople.
Woman'sTrust Toextendmentalhealthsupporttofemale Redbridge 3,000
survivorsofdomesticabuse.
DestinyHouse Staffinganddevelopmentcostsforthewelfare Brent 4,000
International clinic,andhealthactivities
ChildrenandFamilies FortherunningcostsoftheAfghanRefugee London-wide 3,000
AcrossBorders(CFAB) Project.
TheRyanMSTherapy Exercise-ledphysiotherapysessionsforpeople Sutton 2,734
Centre withMultipleSclerosis.
BreakingBarriers EmploymentServiceforrefugees. Westminster 3,000
MindintheCityHackney IRIEPlustoextenditspeersupport,befriending Hackney 3,000
andWalthamForest andactivityprogramme.
EkotaAcademy WalkingSportsActivitiesforOver65sandOver
50swithadisability.(inc.£500CatalystMatch)
Barkingand
Dagenham
4,500
TheRenewal ToextendtheWellbeingHubservicesand Newham 3,000
Programme increasevolunteer-ledhealthyeating,wellbeing
walksandskills-sharing.
Families&Community Forsessionalworkersandvolunteers.(inc. Newham 3,000
SupportService £1,000CatalystMatch)
AsthmaandLungUK FortheOutandAbout;socialactivityprogramme. Westminster 1,595
WestminsterPatient (inc.£250CatalystMatch)
Supportgroup
999Club SanctuaryCo-ordinatortoleadcaseworkand Lewisham 3,000
developnewservicesandpartnerships.
AscensionCommunity SupportedVolunteeringprogrammeforadults Newham 3,500
Trust withlearningdifficultiestoprovidesupportfor
thoseonworkplacement.
GnomeHouseCIC Forstaffandrunningcoststosupportcommunity WalthamForest 3,000
useoftheCentre,andtheRatPackYouthgroup.
StepneyCommunity Acommunityhealtheducationandactivity TowerHamlets 3,000
Trust programme.
DyscoverLtd. KingstonAphasiaSupportServiceledbySpeech
andLanguageTherapiststoincludespecial
Kingstonupon
Thames
3,000
interestgroups,ConversationPartnertraining.
BrightFuturesUK 'Opportunitiesforall':workshopsandmentoring Camden 2,000
foryoungpeoplewithandrecoveringfromlong
termillness
PROJECTGRANTS(continued) PROJECTGRANTS(continued)
Organisation Purpose Borough £
TraumaTreatment Toimprovementalhealthprovisiontotrauma Islington 3,000
International victimsandbuildcapacity.
BeLifted Debtadviceservice,healthandwellbeing Barnet 3,000
sessionsforwomenfromtheSomalicommunity.
GreenwichWinterNight Volunteerledgardenproject;toincludefacilities, Greenwich 4,000
Shelter fitnessactivitiesandtraining.
ActionSpace Creativeartprojectforyoungartistswithlearning Lambeth 4,000
disabilities.
Mosac Onlinecounsellingsessionsandtorecruit London-wide 4,000
volunteercounsellors.
TheMasonFoundation Foranew'CommunityMile'activityprogrammein Haringey 4,500
partnershipwithTheCommunityHub:Haringey.
(inc.£500CatalystMatch)
TrueYouTodayCIC Specialistworkshopsandgroupworkfor Hackney 2,500
Survivorsofgenderedabuse.
StreathamDrop-in Advice&AdvocacyWorker(inc.£500Catalyst Lambeth 5,500
CentreforAsylum Match)
SeekersandRefugees
ThePeoplesChristian SpringfieldCommunityProject,triallinganew Haringey 1,500
Fellowship conversation,adviceandinformationmodelof
service.
Champions4Change ForaprogrammeofBoxingFitnessTherapyfor Lambeth 1,500
Wellbeing AdultswithType2Diabetes.
JSPCommunity FortheWellbeingProjectCo-ordinatortoassist TowerHamlets 4,000
WellbeingHubCIC thedevelopmentoftheHub,itsadvisoryboard
andevaluation.
GoForwardYouth ForthesalaryandrunningcostsofthenewHuba Camden 5,000
safeandcreativelearningandmeetingspacefor
youngcare-experiencedpeople.
VineyardCommunity
Centre
StaffandvolunteercostsoftheRichmond
UkrainianRefugeeHub.
Richmondupon
Thames
4,000
CreativeandConnected For'UMEEDWellbeingHub'activitiestoinclude Ealing 3,000
Communities digitalsupport,healthylivingworkshops,oneto
oneadviceandsignposting.
TravelHands Forthesupportandtrainingofvolunteertravel CityofLondon 2,000
buddiesforpeoplewithvisualimpairment.
HeadwayWestLondon Forthe'MovingOn'programmetodevelopa
personalisedtoolkitofstrategiestohelpself-
Hammersmith
andFulham
5,000
managementoflivingwithabraininjury.
NEWwayProject FortheMove-onCoordinatorsalarytoassist Newham 3,000
thesupportforroughsleepersandvulnerably
housedpeople
DeafUnity AprogrammeofDeafawarehealth
workshopsandtrainingresources.
Hammersmith
andFulham
3,000
PROJECTGRANTS(continued) PROJECTGRANTS(continued)
Organisation Purpose Borough £
TheCareRightsProject Tosupporttheadviceworkersalarycosts London-wide 2,000
ThisisGrowTHLtd ForthehomelessDayCentrestaffand TowerHamlets 3,000
managementcosts
BexleyMencap Tocreateasuiteofshortfilmstobeincludedina Bexley 4,000
trainingoffertolocalhealthprofessionals
designedanddeliveredbypeoplewhohavea
learningdisability.
AgeUKRedbridge AgrantwasagreedforthesalarycostsoftheCo- Havering 4,000
Barking&Havering ordinatoroftheCommunityBefriendingService.
MiddlesexAssociation Forthe`TravellingITTrainer'visitingpeoplewho Harrow 3,000
fortheBlind havesightloss,givingtrainingtomakeuseof
digitaltechnology
AfricanHealthPolicy Forthe'BuildingBack'PeerSupportactivity Newham 3,000
Network groups.
FightAgainstBlindness ForthehospitalbasedClinicalPsychology Camden 2,000
ServiceforChildrenandYoungPeople
TheVavengers Forthepop-upsupporthubsandwellness WalthamForest 3,000
sessionsforFGMandGender-BasedViolence
Survivors
TheSpitzCharitable InteractivemusicsessionsatNorthwickPark Brent 3,750
Trust Hospital.(inc.£750CatalystMatch)
SunbeamsLondon Forthe'SpacetoThrive'FarmTherapyproject. Hackney 2,000
TheZenProject FortheZeninMindmentalhealtheventsand Camden 2,500
CommunityCIC festivalbringingtogetherdisparatemembersof
thecommunitytotackle lonelinessandisolation.
ProjectLily FortheCommunityMentalHealthTrainingProject Barnet 2,000
Beelotus Socialandemotionalsupport,childcareanduser Greenwich 4,000
ledtherapiesfornewparentsstrugglingwith
povertyandmentalillhealth.
CommunityActionfor ASparkingJoyandConnectionfamilyactivityand Wandsworth 2,000
RefugeesandAsylum outingsproject.
Seekers
UpperNorwoodLibrary A'Chairs,ChatandConnect'programmeoffering Lambeth 3,000
Trust olderpeopleopportunitiesforexerciseand
personalsupport.
TheFamilyInformation Todeveloplifeskillslearningopportunitiesfor Havering 3,000
Group youngpeoplewithlearningdisabilities.
BubbleClubCIC FortheDJFactoryR&Dproject:anewpeer TowerHamlets 2,000
supportprogrammeforALDbeginnerstolearnto
DJ.(inc.£500CatalystMatch)
MarkfieldProject FortheDisabilityBenefitsAdviceandsupport Haringey 2,000
service.
PROJECTGRANTS(continued) PROJECTGRANTS(continued)
Organisation Purpose Borough £
KEENLondon 'RisingStars'stayandplaysensorysessionfor Lambeth 3,000
preschoolchildrenwithSEND.
HomestartEaling VolunteerTrainingprogramme Ealing 2,000
HolbornCommunity Creativeartgroupsforchildrenwithsocial Camden 3,000
Association communicationdifficulties.
St.Vincent'sFamily 'GettingThroughTheCrisis'anextensionof Westminster 4,000
Project servicesandopeninghours.
TheMaryDolly Toprovidevirtualcounsellingtoadultswhohave London-wide 2,475
Foundation experiencedemotional,physical,domesticand/or
sexualabuse.
The BridgeatWaterloo TosupportthetriallingoftheDragonCafeinthe Lambeth 4,000
refurbishedStJohn'sChurchtoencourageuseof
spaceandpartnershipwithMentalFightClub.
BlueRibbonFoundation FortheDownhamMen'sGrouptoprovide Lewisham 3,000
physicalandsocialactivities,asupportnetwork
andhealthadvice.
GrowingHopeBrockley Toprovidetherapyandsupportforchildrenand Lewisham 2,000
youngpeoplewithadditionalneeds.
CompanyDrinksCIC Aprogrammeofactivitiestoencouragegroupsto
usethelearningspacetoincludementalhealth
Barkingand
Dagenham
4,000
training,artsandcrafts,events.(inc.£1,000
CatalystMatch)
ActiveWomenandGirls Aprogrammeofexerciseactivitiestargeting Hounslow 2,000
Foundation BAMEwomeninHounslow,toincludeanew
classesforAfghanrefugeewomen.
CorinneBurton Hospitalarttherapyproject London-wide 1,500
MemorialTrust
HackneyDoorways Newwinternightshelter Hackney 5,000
OCAcommunity
kitchen
EnglishlanguageclassesforLatinAmerican
community
Southwark&
Lambeth
1,500

Organisation Purpose Borough £
VoicesofHope FortheActiveBreathingCoursetohelppeople Hounslow 4,081
recoverfromtheimpactoflongcovidand
respiratoryillnesstoaddnewreferralpaths.
AlternativesTrustEast ForacounsellingprojectforAlbanianwomenfacing Newham 3,861
London barrierstoaccessingmentalhealthsupport,andto
co-produceaprojectforSomaliwomen.
TheAnneRobsonTrust Toworkwithtwohospitals,tosetupvolunteersto Harrow 4,117
visitpatientsinthelastdaysoftheirlife.
StuartLowTrust Foraone-yearpilotofcommunityfitnessandhealth Islington 2,000
sessionsforolderpeopledeliveredbythepartner
HealthyGenerations.
IslingtonPeople's Toprovideadvicetopeoplewithlearning Islington 3,820
Rights disabilitiesandtrainingtoCentre404staffaround
debtandwelfarerights
Alex,The Toincreasethecapacityforresearchanalysisand Southwark 2,000
LeukodystrophyCharity tooptimisethepatientvoiceforallaffectedbya
geneticleukodystrophy.
InspiritedMinds Face-to-facesupportgroupsforanxiety,depression London-wide 2,000
andlonelinesstoaddressalackofculturally
tailoredsupportformentalhealthissues.
TheEmpowerment ToprovidetherapyfortheBMEcommunityoffering London-wide 2,500
Group culturallyappropriatetherapyreducingstigmaand
providingtheresourcesforpeopletoseeksupport.
Silverfit Toprovidephysicalactivitysessionstoolderpeople
basedaroundWhittoncommunitycentre
Richmond
uponThames
3,500
Crohn'sandColitis ForanutritionistandrunningcostsofaCooking Hackney 1,500
Relief HealthyClubforIBDpatientsreferredfromthe
RoyalLondonHospitalandcommunitygroups.
EntelechyArts Todeveloplinkswithsocialprescribingagencies, Lewisham 4,168
increasingreferralstotheMeetMeattheAlbany
programme,re-imaginingdaycare
KazzumArts Foramultidisciplinarycreativeworkshopsto
provideaprogrammeofactivityforchildrenand
Waltham
Forest
4,000
youngpeopleundergoingtreatmentatWhipps
CrossHospital.
TheOtakarKraus
MusicTrust
FormusictherapygroupsinlocalChildren's
Centrestoassistchildrenshowingdelaysor
Richmond
uponThames
1,500
difficultieswithlanguageacquisitionandbehaviour.
ArthritisAction OpenClinicsattheCentralYMCAtohelp Camden 3,000
individualslearnhowtomanagetheirarthritis
symptoms;keepingactive,anddietarysupport.
StepOutMentoring TosupporttheStepOutMentoringprogrammefor Southwark 1,500
(TheWellsTrust) youngpeople.

District £
Lambeth 1,500
Lewisham 1,500
Brent 750
Hackney 1,200
Newham 1,000
Hillingdon 1,000
London-wide 2,000
Brent 1,500
Bromley 2,000
Bromley 1,500
London-wide 1,200
Wandsworth 1,200
Westminster 1,000
Hackney 1,500
TowerHamlets 1,200
Hillingdon 1,000
Southwark 1,000
CityofLondon 500
Islington 1,500
Hillingdon 1,500
Hackney 500
Hackney 2,000
Hackney 2,000
Hackney 1,750
Hackney 1,000
Harrow 500
Camden 1,500
Camden 1,000
Hackney 1,000
TowerHamlets 750
HammersmithandFulham 1,250
RichmonduponThames 750
Westminster 1,500
KensingtonandChelsea 1,750
TowerHamlets 1,200
Hackney 1,500
CityofLondon 1,750
London-wide 1,500
Hackney 1,500
KensingtonandChelsea 1,400
London-wide 1,000
Hounslow 1,200
Hounslow 2,000
HammersmithandFulham 800
Wandsworth 1,000
Islington 1,000
Southwark 1,000

SAMARITANGRANTS(continued)
Organisation District £
SLAMStartTeam Southwark 1,200
SSJohn&ElizabethCharityStJohn'sHospice Westminster 1,000
StChristopher'sHospice Bromley 1,250
StGilesTrust Southwark 1,000
StreetStorage Camden 2,000
TheBigIssueFoundation London-wide 1,000
TheCareRightsProject Hillingdon 1,000
TheFoodChain(UK)Ltd London-wide 1,500
TheMagpieProject Newham 1,000
ThePeopleChristianFellowship Haringey 1,000
TheRenewalProgramme Newham 1,500
TheUpperRoom(StSaviour's)(1) HammersmithandFulham 1,500
TheUpperRoom(StSaviour's)(2) HammersmithandFulham 1,000
ThisisGrowTHLtd TowerHamlets 1,500
VeteransAid London-wide 500
VineyardCommunity RichmonduponThames 2,000
Welcare Lambeth 1,000
WomansTrust Westminster 1,000
YoungRoots Croydon 1,500
Z2K(Zacchaeus2000Trust) London-wide 1,750
Othergrantsmadeinyear 3,994
Totalgrantspayable 335,945

Donor £
AntonyHornbyTrust 1,000
BERodmellTrust 64
TheLovedayCharitableTrust 1,000
InstitutionsTotal 2,064
Individuals (includesQuizNightandpubliccollections)&anonymous 14,672
Trustees 1,305
TotalDonations 18,041