London è Catalyst TRUSTEES. REPORT AND ANNUAL ACCOUNTS FOR THE YEAR ENDED 31sf DECEMBER 2023
Report and Accounts 202g CONTENTS PAGE{S) REPORTS Reference and administrative information Trustees. Annual Report forthe year emled 31 December2023 5-16 Independent auditorfs report to the TrteeS of Loth Catalyst 17-20 ACCOUNTS Statement of financial activities 21 Balance Sheet Notes to the financial statements 23-30 GRANTS AND DONATIONS Summary of all grant8 paid or t(ThMItt in 2023 31-37 The Hospital-sunday Appeal donations in 2023 37
London Catalyst Report and Accounts 2023 LONDON CATALYST 45 WESThIINSTER BRIDGE ROAD. LONDON, SE17JB T: 020 3828 4204 Charity Reglstratlon No. 1066739 03460296 PRESIDENT The Right Hon the Lord Mayw of London (ex offmao) VICE-PRESIDENTS The Rt. Reverend & Rt. Honourable The Ld Bishop of London His Eminence the Cardinal Archbishop of Weslminster The Rt. Reverend the Lord Bishop OfCI The Rt. Reverend the Lord Bishop of S(xthw The Rt. Reverend the Bishop of SteFmy The Most Reverend the Archbishop of Southv The Rt. Reverend the Lord Bishop of Roche The Very Reverend the Dean of SL Paufs The Very Reverend the Dean of Weskninthr The c.hief Rabbi The Venerable the Archdeacon of London The Free Churches Moderator BOARD OF DIRECTORS (fRUSTEES) Dr Sarah Divall (Chalr) Charles DavIdpn (resign1 2 Joan Major Philippe Granger Ruby Sethna Marf( Palframan (resigned May 2Q4) Glynis Berry Iresigned March 2023) Danny Daly Emma Whitby Nidt Durack Dr Naureen Bhatti (appolnted Dec )23} Kate Sing'ombe (apF)ointed Dec 2023, resigned May 2024) sUB.COMMIEEs OF THE BOARD Grants Scnrtlny Commltte• Dr Sarah Divall (Chair) Emma Whitby Philippe Granger Marf( Pknan Danny Daly Ake Groux Dr Naureen Bhatti Flnance Committeo Nick Durack (Chair) Joan Major Rebecca Shepherd Charles Davidson Ruby Setma Sundial London Catalyst Lialson C1 Dr Sarah Divall (Chair) Sally Codling (Sundlal Centre Jokn Pulford VK*>rWllm¢At
London Catatyst Report and Accounts 2023 MEMBERS OF THE CHARrrY REPRESENTATION Dr Caroline Vaughan Dr Ruth Kosmin Dr Steve Mowle Heather Williams John Pulford Judy Jones Robin Holland-martin Sarah Humphreys Rebe.cca Shepherd rim Cook OBE Zoe Camp Victoria Willetts Margaret Elliott Dr Muhammad Bari MBE, DL Charles Davidson (appointed Septats Clwrch of England Members are those who in addition to the Bowd dDlre(kn the MemorarKlum ofAssociation and asslst in the athiancement of the ObCts cAlk Tly mry. exi*y. represent and are n¢xninated by a falth group or religious denomination. STAFF & PROFES.SIONALADVISERS Director and Company Secretary Wllmott (r6lred Math X124) RosarK> Gnba (awknl March 2024) Admlnlstrator PrincÉpal offi SE17JB Audiiorn BUZZACOTT LLP 130 Wood Street London. EC2V 6DL Bankers CAF BANK LTD 25 lfjngs Hm Avenu8. I(S H West Malli K8nL ME19 4JQ ROYAL BANK OF CANADA St Heller. JeT8ey. JE4 8YD Investrnent Advisers STANHOPE CAPITAL LLP LorKlon. W1H 6LR Solidtors THERS 1& Okl Bailey London. EC4M 7EG
London Catalyst Report and Accounts 2023 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 STRUCTURE, GOVERNANCE AND PAANAGEMENT HISTORY London Catalyst. fonnerly the Metropofftan HOWI Sunday Fund, was e8tablished in 1873 following a meeting of religious and civic leaders hosted by the Lord Mayor of London. Appalled by the impoverished lives of many in the caW. tty agreed that on one day each year, in places of worship throughout Greater London. a colleclTh 8Uld be taken up to provide a fund to improve the health of the 'sick and PO( of London. The legacy of the original entreaty and subsequent annual appeal provides the wKome of the chaiity. ADMINISTRATION London Catalyst is a registered dwrity aNI c(xnpary Innited by guarantee. The company's goveming document is.its Memorarxlum WKI Arlides of Association dated 4th November 1997. The charity comprises the Board of Truste88. Committees and Membership as shown on pages 3 - 4. The Board meets four times a yewto cond* the formal business of the charity including recommendations and reports from its sulKnmittea5. The day-to-day administration of the chaiity, including the processirrfJ of aati8 prior to consideration by the Grants Scrutiny Committee and the Board, is delegatedtothe Dwe(knofthe charity who is supported by a part- time Administrator. Our long starKkng Dwector. VKtor Wdlmott. is due to retire in 2024 and will be succeeded by Rosario GUimba-st the CEO of the Lewisham Refugee & Migrant Network who brings extensive experience in the conUty and non-profit sector. KEY MANAGEMENT The trustees consider that they. knJether vath the Dwector. comprise the key management of the charity in charge of directing and Ckng. and operating the charity on a day-to- day basis. The trustees do not rec8ive any remunerati1 in connection with their duties as trustees. Staff remuneration and pay is deaded by the Board at the second meeting of the year. This includes a 360. review of the Directorfs p8rformarKe by tsustees as part of an annual appraisal process conducted by the Chair. The tnth refer to the rate of increase Df the Consumer Prices Index and the Retail Price WKI the percentage salary award by Peabody as benchmarks. The charity doe8 not have a rdated pay structure and expects staff to take all holiday entitlement within the year. TRUSTEES Trustees are appointed by the Board and serve for tlTr8 years after which they may be reappointed. A trustee may serve three COTwecth terms of office before retiring. The charity is required under its conslitulion to have two refyous and one medical or social work representative on the Board. Prospective trustees are llwited to Sthnit a CV to the Board and to meet with the Director, Chair and trustees. They are WOVKled with iknmiation the charity and the report and accounts. A trustee led panel than interview8 the candidate before reporting to the Board. Following appointmen( a handbook ddthJ the charity's procedures is provided and visits arranged to the Sundial Centre and woiect8 fwKled by the charity. Trustee training and support is arranged as required and the avallablty of suth Is indled on the agenda of Board meetings. Tru8tee8' interests are recorded and w)dated annually. Any possible conflict of interest Is declared at the start of eath meetry. rec(xd8d in the minutes and if applicable the trustee would not participate in the d8(X8ion. A review of the membership is urKlertkn arllxRlly and members who have not fulfilled the requirements for membership e removed from the register. All trustees and members are volunteers, and the Board greaty apFYecith all the vttary assistance given to the charity.
LorKlon Cata Report and Accounts 2023 TRUSTEES (CONTINUED) During the year Glynis Bery roltred from the Boanl. Glyrn wved on the Grants Committee and brought her valuable experience. Iwhts and knCtedge gained in her long career as a hospital social worker. The trustees to thank Glyrus for her support of the charlty. Charles Davidson st8pped down from the Board thjriry the year. Charles has been associated with London Catalyst for over twenty year4 as swrter, member and trustee. Charles served out his three tems of office during which he Yras the Chair of the Finance Committee. Charles brought his considerable forensic finCla 8kills aKI ilouS oversight of the investments and accounts to the role. His diligen and Commitnnt to the aim of the charity is greatly appreciated by the Board. We are fortunate that Charfe8 has agreed to remain connected as a member and to copt onto the C(MMiittee. The charity is fortunate to have trustees and MberS with a range of 8ki118 and professional expertise in key areas; grant making. govemm aKI finama It Is acknowledged that to truly reflect the aims ofthe charity and the inter ofbeneficirn a diverse and informed board of truste8s, willing to address issues of equalty aKI inGknion. ts required. During the year the process for recruiting trustees was fiallRr revivAed. We welcomed two new Irustees. Dr Naween Bhatti and Kate Sing'ombe to the Board. Dr Naureen Bhatti, is a fonner GP in Ham GP appraiser and trustee of the Medical College of Saint Bartholomews Ho8tal Tru8L Kate b)ng'omb8 is an experienced community development worker and charity woieL manw. The Board has set a strategic threction wilh three key WiOTitses: to improve communications, increase income and improve grant nwkir¥J. A Theory of Change, approath is used to augment the strategy. The trustees reviewthe strategic pkn regularty using the Assoclation of Charitable Foundation8' (ACF) 'Pillars of Strow Foundalion PraLice' as a good Practi guide. In the interest of transparency and good govemm the trustees are committed to sharing details of this process in the accounts on rAJblic for& RISK MANAGEMENT Trntee8 have identified and assessed the vlouS IiBks to Ylhich the charity is exposed. A risk matrix detsils the system of Int controls needed to mitigate risk factors along with an appropriate plan of action. The trus conduct a risk management exercise annually and a 'Reglster of Risks, is reviewed and updatad a(xxxdingty. A summary is reviewed by the Board as a Standing item at each of its meeting& The wincipal ri8ks are as follows: Loss of ke 8taffr. The chaity is depeTthrt for its daY-tdaY operations on its full-time Director. To mitigate the effe(*8 of uWn8d absence from office the trustees have in place a system of regular m881iry belween the Chair and Director, an intemal audit by a trustee of documented pr(MxJe8. the 8UPPOrt of a part-time Administrator, an annual appraisal system and supportfor proknional development. A Salesforce grants management system arKI r8gularty updated Offi control documents are in place. During the year a revpw of the Dre(8 rokn profile and terms of employment took place prior to the recruilment of a Direthr at the and of 2023. s of office and seNices: The charity has a 8eTvice level agreement (SLA) with Peabody for back office Supp This is a c4xnmercial arrangement which may change In tlme. The SLA is agreed for two year5 aKI reviewed annualty. The Director and trustees oversee al eswrtial functions to ensure a gnooth process for relocation if required.
London Catalyst Report and Accounts 2023 Investment ort10". Stanhope Caw LLP are engaged as the charit8 Investment advisers. To ensure the preservation of the tharitys capital from which the income for grant-making is dravm the tteas $8t a target investment return of 3.25% above infiation. Any fall in income from Investsn wll not affect expenditure on grants as the charity holds sufficient cash to cover ils grart making. The Finance Committee meets quarterly and as required Mth advisers to monitor the performance of the portfolio and the implementati(m of the wwestment strategy. GRANT APPLICATION AND SELECTION Grant applications are made online via ts ch&iVs website. This allows for a seamless proces8 by which applications are received. revi&%Ed. man4ed monitored. The website is regularly updated to provide information on wt-Makll and improve advice and guidance to applicants. Applications are reviewed by the staff against eligibility criteria before consideration by the Grant8 Scrutiny Committee s1 the Bowd. NETWORKS AND AFFILIATIONS The charity maintained its participation in want-making sector networks a8 a member of London Funders and the Association of Charitable Asso(aations and is registered with the Fundraising Regulator. PEABODY In 1995, London Catalyst entered a ManagaeeMent with Peabody benefitting from the resources of one of London's largest social I[Yj provtder8. Peabody provides office space, accountancy and other P•ervices under the maeMt agreemenL This was reviewed and confinned during the year. SUNDIAL CENTRE The Sundial Centre was a joint iimtiative b&W Lomlon Catalyst and Peabody to meet the health and 80cial care needs of older people in Tow Hamlets. It was built at a cost of £1.8 million. shared between London Catalyst Ill ts Metropolitan Hospital Sunday Fund), Peabody, other charitable trusts and Inthvi donors. Opened in 2000. the Sundial offers a range of health and social aclivitBs to day cwe members and to those who drop in to the Centre. A Grant Perfonnance Sta)dards Agreement for the Sundial. made between Peabody and London Catalyst on 3rd February 1. wa8 8et for a period of 30 years and reviewed in 2020 for a furtherfive years. London Cat*& remains invofved in the Sundial through its Liaison Committee which supports new initsatives axl cdlaboration WAth groups including those funded by London Catalyst. CHARITABLE OBJECTIVES & ACTMTIES THE OBJECT OF THE CHARITY 'The charity is established to relieve poverty. 8idoR8s. ITbil and infirmity among persons resident in the area bounded by the M25 LotKkn Ortxtal Motorway or persons who have a real and substantial connection with such Th or any part of I particularly but without prejudice to the generality of the foregoing by SLrtI[J and workirvJ with other charitable organisations established for relief of poverty, 8idaR88. di8aMty and infirmity and by providing grants to a8SiSt individuals and 0rganlsat1 for the af0rement1or pwposes., AIMS To improve the health axl wellbw of people in poverty and affected by ill health, disability and 80(ad exdusi( (Catalybc) To remove people from poverty {CLpas) To rais8 awareness ofts work ofthe fund and the needs ofthe Sick and poor of London {Colatxth)
London Catalyst Report and Accounts 2023 OBJECTIVES To act as a catatyst through a wogranme of makiw to include: Support for agencies best placed to diStribe one-off grants to people in n86d. Projects taclding unmet health needs and the of poverty. Worklng with other LllVe and philathro PUBUC BENEFIT London Catalyst makes grants to SUPPt the work of chwilies, MMUnty grou and social enterprises operating in Lond(m that are establishBd for public benefit. The trustees have complied with their duty to IHve due regard to the Charity Commission's public benefit guidance. The organisations funded by the charity are considered well placed to realise its charitable objects and to help improve the lives of the sick poor of London. The charity ran the following pr(yammes thjriry the year. Project grant8 for initiatiV8S tackknJ heath rneds and the effects of poverty. 'Partners for Health. collaborative graTts wogranme. Samaritan grants to 80Gial care aKI thtca agencies for distribution to people in need. London Catalyst continued to target fundiNJ for the reff of poveTty and to tackle 80cial and health inequalities. This is not a static apwoach and consideration is given to the social detenninants of poverty, ill health and inequaty in London. The trustees recognise that to meet the charitys objectives and to donStrate wblic bar a balanced approach to grant-making Is required. In the case of the Samaritan grants the intenlion is to worf( with effecthie partner agencies to assist with the distribulK of fun(K particularfy in areas of deprivation, and more generally to people in need in all London boroughs. Project grants are made in response to unmet health and 80cial needs. It remains the Bowd's intention to work with other grant makers when possible and where common interests exist to maximise the impact and reach of our grdnt-maklng. To encourage small groups to raise income from theT own endeavours a 'Catalyst Match, is offered to selected applicants at the diScrdi of the bustees. This is to match money raised through fundraising activities and is offered in kIlliOn to a granL The Annual General Meeting (AGM) wa8 held at ts Art Workers, Guild on 13th July 2023. This was a celebratlon of the 150th anniver8ary of the founding of the chaiity. Following the statutory business there was a presentation fr(xn Ross M**arfane, Research Development Specialist, Wellcome Collection, on lessons from 150 year8 of Medical Officer of Health reports. We also received a video presentation frcxn Profesw Mithael Mannot, Director of UnNer8ty College London, Instltute of Health Equty. on the IIHna of Tr Heafth Gap: social justice and health equity in an unequal worfcf. This was Complented by in8ights and discus8ion18d by two of our grantees, Jane Wlliams of the Magpie Proi8Ct aKI Gerard Omasta-milsom, Islington People's Rights. The trustees would like to rd their thanks to all who participated in the event. The AGM Is used to highlight.issues that impact on. and infomi, the work of the charities we fund and to provide an opportunty for ndw(xlary. ACHIEVEMENTS AND PERFORDIANCE REVIEW OF ACTIVITIES During the year: the trustees paKI cf commRted £327,188 (2022: £335,445) in grants to charitable, not for profrt and cornmunty organlsations. Highlights of the year include: Assisting 157 organisatiiXI8 in 30 London bor and aGross the M25 area. The top fve boroughs receivirvJ grants are Hadqy. Islington, Tower Hamlets, Camden and Newham. Participation in '360Givwy' Shari wanknialong data in an open fomiat.
Report and Accounts 2023 REVIEW OF ACTIVITIES (coKllNUED) Maintaining a network of 114 aclive Samarkn pthr agencies. Collaboration wnh HSF and a(kfrtional funds on behalf of a private philanthropist. Reviewing the trustee recruilmert pr(Kess and appointing two new trustees. The successful appointment of a Dwedorof the charity. Reports received show that in the 2022r23: Projects assisted 10,030 people. 80% as having a long term health condition, and invofving 630 volunteer& Samaritan grants helped 4,521 people in need- 80% of beneficiaries in receipt of welfare benefits or having no regLllar inc(xne. The average emergency hardship payment is £29. The trustees have set a strategc otyedive to in(¥ea8e 8UPWt to funded organisations. To this and London Catalyst acted as a bro for a wivate donor. Thls allowed a further £3,000 to be disbursed to projects c1Kn by the do[K from our current list of grantees. The trustees welcome futher couaborakn with tKivate benefactors and fellow charitable trusts. PROJECT GRANTS During the year, £244.788 was avocated to 67 chitth aKI community organlsations. The truste8s acknowledge the wider 80(ial detMina of health and prioritise tackling an unmet health need, a development of seThice or to c n8w wLYk. The followlng case studies illustrate the range of projects funded durll the year. Humourisk CIC (Barking Dag8nham: £4.IXKI + £500 Catalyst Match) grew out of grass root arts projects with the tenants and residents asso(xthn on Thames Ifiew Estate, It creates opportunities for personal and wofessional ttwh inspiring arts, applied arts and crafts training. A grant was agreed for the 'Shed Life. 80(ia enterprise to create a new space for communty projects, the exchanging of skllls arKI peer support. A Catalyst Match of £500 was also pledged to match fund8 rai8ed tIrh conUnty fundraising activities. Debt Centre Gre8nwlch ((knith: £3.(XXI) affiliated to the national charity, Christian8 Against Povety. a grant was agreed for a programme of Ixactical support to people in financial difficulties through money Man and Ke skills courses. REMARKI (Camden: £3,000) is a smal Deaf led chwity. ft aims to minimise social isolation for members ofthe Deaf community and hosts a Va of projects. A grant was agreed to support the setting up of a new Parent and Toddler wp for Deaf parents or children. Maa Kupa Foundatlon (Harrow. £3.(XXI) is an aclive community partnership organisation that has supported NHS design8d, thabetss relateLI programmes. A grant was agre8d for the Diab8tes Community Club to run in commuiity venues and onli Forest Gats Communlty Garden CIO (Nekn: £3.150) manages a community garden in an economically deprived area of East London. It alln8 to create and maintain green spaces for wildlrfe, plants and peopte. A grart was agreed for a programme of activitie8 for refugees and asylum seekers in temporary accommo(klion to help meet other residents, improve English skills, encourage volunteering arKt creats a play spac8 for chthL New Art Studlo (Islington: £1() offers a therapeulic nxthi-arts studio and helps refugees and asylum seekers process their traa within a SUFwtsve and infonned community. A grant was agreed for client welfare. art resourcts axl commuraty adivities.
London Catatyst Report and Accounts 2023 Amy & Friends {London-IMde'. £3,000) Am gtIC di8orderand disease support and advice charlty which helps Cockayne Syndromel TfD sufferers. their parents and siblings. It runs a monthly Rare Diseases Clinic in Guys and St Thomas. hospital. A grant was agreed for sessional costs and activty paGkJ to a88i8t famkn attg the London dinic and annual conference. The People's Recovery Project (Hackney: £6.0(K)) ts a re• registered chaiity set up by three experienced homeless sector Fffofe88ion. It is developing an alternate approach for recovery for homeless people with a of Sth>St use. A grant was agreed for the development costs of the People's Recov Project ats cara peer support programme for people who are experiencing hNne1esSne aKI •Jdidion. Heartlink Ealing Hospltal Heart Support Group (Ealing: £4,IMI) a patient support group and charity. It draws SUPPOrt from 30 active V(ntaS aKI 300 members. A grant was agreed to support the extension and development of the Heart Heth Awareness Campaign to include employing staff to COrdinate th8 charitys aclivhies. During the year the trustees agreed a Nmber of small grants to commemorate the 150th anniversary of the founding of the charity to groups that refiect the aims of the chaiity including: The Dot Collective (Southwarfc £1,500) for talary a theatre rxoduction to residential care homes and dementia peer wiUP8 in SE L(mdon. Irish Communlty SeNlces (Bexley. £1.500) to supp(xt the vOnteer run 'Aggie's Cafe., a 80cial space for older people to find supp(rt aKI company. Magple Dance (Bromley; £1,500) to curae a wDwamme of weekly dance for health classes, workshops and outreach activtyfrrf Peoplewith Leamirvj Disabilities. Croysutt Warriors Goalball Club {Croydon: £1.5 forthe expansion of an accessibla sports programme (showdown and goalball) for Msualy impwed p8opI8. PARTNERS FOR HEALTH Our collaborative grant progranme wilh the FUnd (HSF) continued in 2023. The programme encourages ioit work bn expert health agencies and charitable organisations, targeting peoFle eXFelRna 8iwifKant baTriers to health due to long-tenn illness, poverty and social inequalitles. London Catalyst granted £71,089 (50% of the total of £142,178) to twenty charities under this wogranme. The Partners for Health (P4H) grant programme is a key part of London Catalysfs strategy to work with other funders and direct additional resources to health projects. This alItyd larger grants to be made during the year as the allocation for P4H was ineased to £150k to celebrate the 150th annNersary of both charities. We are delighted to that HSF dged to continue the collaboration in 2024. Projects funded under this propnme indude: Heafthwatch Camden (Cay)den: £7.580. 50% of ffj of £15,160) to establish a peer-led support networt( and awareness campaign for rfs en Iwing with endometiiosis. Indoamerfcan Refugee and Migrnnt Organn (Lambeth: £6,816, 50% of a grant of £13,632) for a programme of workshops. wa(aical support aKI outreach for improving health equty forthe Latin American community in South London. NAM Publlcatlons (L0ndoTrUd8: £5.CKIO. 50% of a grart of £10,000) for the Inform, Equip and Empower programme to tackling heanh IrAqualili88 llnprove mental health outcomes for women of colour Iwing with HIV. Menucha Ltd (Bamet. £2.000, 50% of a ffj of£4,000 Perinatal Mood Disorder (PMD) Prevention Group Pilot targeting peopl8 from the WE commuiNty. 10
London Catalyst Report and Accounts 2023 SAMARITAN GRANTS In 2023, a total of £82,400 {2. £87.850) was arded der this programme to frontline Social work, health and advice services to dislrtxrte to in acute need. Grants were paid to 64 frontline agenci88 during the year. The trustees have a target of maintaining 11)0 active partner8 and we currently wovide granb via 114 agleS across London. Samaritan grants are an irnptant part of our gratt makiNJ refiecting our charitable purpose and providing direct public benefft. Reports from our partner agenci88 highlight the complex and often desperate Circumsta faced by many of ts powest in society. and th8 value of a small timely grant, as shown in the fol(rwiNJ extracts from casa studies: We have found the SamarRan (>ant to b8 atlUtelY Bwahth. ft has actually exeded our expectations. It has enabled us to help inthviduals with a very immediate issue which not only in itself has been incredible, but in most cases has gNan us all space and a connection to build on and then to SUPPt the llxlvidual fwlher as want and need. The need for emergency accommodation is far too c(Xnm0 alorvJ with no money to travel e.g. to work. appointments, to get to hostels e For others a ni wami meal in a cafe has had such a powerful effect (not having to queu8 in kne at a food hwthxrtand eat on a street comer). Street Storage The cost of living increase has really wnpathl our patients. all of whom rely on benefits, and they are struggling to adequately feed their faMS and keep their homes wam. Many have given up on using their mobile thones (kn to the cos( are therefore missing important appointments,. Woodfield Traunm Sw 'Due to the cost-of-living (xisis. our b8n8kn are 8tsuggling to cope more than ever. They would struggle to attend apwnknents Witho assistance. This is predominantly to attend hospital appointmen Job Centre appoinbnents. housing or benefrt8 appointments, or to attend a job in the first week before gd p. Their Cases are increasingly complex and often need specialist advice in order to find a solulion. if ltrwe is one,. Upper Room 'John was overjoyed with the receip of the grant and vras shocked that someone cared so much for a prisonerf. Piison & Care Tru 'Due to th8 rising cost of liviry combined with incrnith IK>stile immigration policies. we are seeing an increasing number of vulnwable rdugees, asylum seekers and migrants experiencing destitution. The frequency at whKh families experiencing destitution andlor homelessness arrive at AFRIL in a cri8is ation is llKreasing at a conceming rate., Aclion for Refugees in Lewisham 'Many of our clients faced finaKxal atm whKh often nan5 Ihey have no access to their benefits or earnings as they are channelled Rrto husbandlpartners, accounts. Wthout financial 8UPPOrt some of these Wom. sunply (xxthl afford to escape their life of danger. Delays and backlogs in th8 housing. lfare justice system means that many women are without statutory support they need for longer and reliant on JWA'8 8UPPOrt to help them practically. emotionally and financially gd ba( on Iheir feeL' Jewish Women's Aid 'Rough sleeping 18 on the Inease again palilar as the Government 'Everyone In, initiative has ended and many of the No Recowse to pUbr FurKls dients have been displaced. There are still people who have not applied fortheir Settled Status. Unfortunately. we've experienced that the process can take anything from 6- 12 morths. so clients can neitherwork; claim benefit or housing benefrt8, leaving them de8tKth and very dependent on services for travel to appointments. food. clothing arKI 0th8r care needs.. Llvlng Projecls 11
London Catalyst Re ort and Accounts 2023 'This fund has been fantastic arKI has made a difference to relatives and their familles . I have often found that people are really grateful forthis furKI but sometimes seem to be embarrassed. One of the benefts of this fund is its simrf. do not requlre detalls of Indivlduals financial circumstances which l think would d p from acwtirvJ.' Royal Hosthl for NeurdIsabl1Ify 'One of the emerging concems that W8 see in ourworf( is young people being age assessed as adults when they arrive in the UK and beirvJ In adult hotel accommodation. They complain about the unsuitable living conthlions in the accommodation and report being fearful of other residents. As a consequence of ts. young people often run away from the accommodation going missing or becoming street homeless,. Young Roots The cost of living crisis fs obviously hugely affecting our families - whether those who are seeking asylum and receiving £37.50 per per80n perweek (or £8 rf 8tsying in a catered hotel), or those who are intemational students cff on deKIents visas and relying on casual work on zero•hour contracts, or these with no visa status and rdying on support from social services. Familie8 are struggling to buy food. dothes. tolletries. rAy fortravel, and afford other essentials.. Magpie Project 'Pressures are piling up for people 1[vj lifthftwKJ kns8s and their families. We need the help of friends and supporters to the most vulnerable patients and their families. Our communlty team have been vi1rvj orty to fllKI that they have no food in their cupboards, that there was rn hot water healing. orthat they were sleeping on mattresses on the floor. Some didnl come in fortheir or mBsed counselling sessions because they simply could not prioritise travel over healiNJ th8ir homes cff putting food on the table. Family carers were stressed and tired as they we not receivThJ adthtional help at home or benerIng from much-needed carer res. St JOI$ HosFKe The case studies we receive highlight the daily strw of rople INing with long tenn ill health, coping with trauma and exduded from supwt 8ervice& We feature these here and on our website to raise awareness of this arKI pvaSive social injustice. A full list of all grants made in 2(Y23 is sh(ywn at the end of ts report and annual accounts. PERFORMANCE MONITORING London Catalyst has an online grants system for applications and monitoring reports. This provides a seamless 8ulxni88ion. grant-making and reporting process. Reports are requested from all grant recipients after 12 monts and these describe the actNity and progress towards speafic outputs and tc01 The system allows the follow up of non- reporting and the pr¢xluction of monitth rewls as required and as requested by trustees. Larger grants are reviewed throhoUt ts grant period to track progress against the original purpose and outcomes. A random numb of f(nKled organisations is selected by the trustees to visit and review during the year. Monitorir¥J report5 and case studies are featured on the London Cataly8t website and included in quarterty reports for our trustees and members. Joint work with other grant maker8 requires a balanced apwoach which recognises the distinct nature of each funder and avoids IxrdeniNJ grartees unnecessary reporting. As part of our commitment to collaboration vthh (ther fundern London Catalyst offers to lead, rf required, the administration and rewtirKJ of ts ¢dIab wogrammes on behalf of our partners. FUTURE PRIORITES The charitys priorities for the (xJmirvJ year are agr88d by the trustees and recorded in the strategy and development plan. Ih followirvJ are WiOTiti8s for 2024. Communications and buRcfin . To contmue to improve communications acr88 the charity and develop the Salesforce want5 management system. To review and restate grant making priorilies arKI wc4note those on the website, and other mediums, 12
London Catalyst Report and Accounts 2023 to reach our target authenc8. To (yJntuMp data in the '360, Giving, fonnat and to publish regular quarterly for members. To target th8 top ten boroughs with the highest indices of multiple deFxivth (IMD). Increasin income and su icants: To revtew th8 investment portfolio and agree an environmental. social. arKI corpat8 govemance (ESG) policy. To seek increased donor income. buildirvJ on the Ho8Pital-Sunday Appeal and encourage individual donors to channel funds to g(Kxl causes and our Samaritan grantees. To seek further collaboratNe fuNfjng opporlwts with tru and private wealth. ovin rant-makin and 0vemal. To review the charity's grant making and add value through further collaboration th other nderS and civil society groups. To continue to incorporata the Association of Charitable Foundations Pillars of Stronger Foundation Practice. a8 a good pradice guide and to shara progres8. Staff and trustees are encouraged to Vi8tt the Chariti we to widen their understanding and knowledge. The Board are committed to analyse areas of unintentional exclusion in grant making; consider the reas(Th for ttus and ways to rectify to include unconscious biasl barriers to fvnding. To continue to seek trustees to improve th8 diversity and expertise of the Board. STATEMENT OF TRUSTEES. RESPONSIBILMES The trustees are resporVJi1e for preparing the Amual Report and th8 financtal statement8 in accordance with the Compantes Act 20( and tr being pAtisfied that the financial statements give a true and fair view. The trustees are responsible for preparing the financial statements in accordan with UINted 1fj[Om Ac{Xnting Standards (United Kingdom Generally Accepted Accounting Pra1). Company law requires thetruSto wepwefinwKial statern foreach financial yearwhich give a true and fair view of the state of affavs of the charity and of the income and expenditure of the chartty for that period. In preparing these fdwKX statements, the trustees are required to: Select suitable aCCou1r policies and apFty consistently. Observe th8 methods and principles in the and Reporting by Charities Statement of Recommended Pradi(x CSORP?. Make judgments and estimates th are r&280nth and prudent. state whether applicable acc(xmlirwJ 8t*thr(b have been followed, subject to any material departures discbsed and exIned in the financtal statements. Prepare the financial Statem on the goiNJ corK8m basis unless it is inappropriate to presume that the charKy wll (yJntuMp in 1xess. The trustees are responsible for keepiNJ woper COUl1rvj records that show and explain the charity's transactions. disclose with reaso accwacy at any time the financial position of the charity, and enable them to ensure thatthe fuwKial statements comply with the Companies Act 2006. They are also respornble for 8afeguarthg the assets of th8 charity and hence for taking reasonable steps for the $xevenn and detectKm of fraud and other irregularities. Financial Statements are published on the charitS website in accordance with legislation in the United Kingdom governing the preparthn and (knination of financtal statements, which may vary from legislation in (ther jLViS(fKlions. Th mawtsnance and integrity of the tharity's website is the responsibility of the trustees. The trustees. responsibilty also extends to the ongoing integrity of the financxal statements cortaned therein. The financtal statements have been wepared in accordan with th8 accounting policies set out in note 1 to the accounts and compty with the charitS tnBt deed, the Charitie8 Act 2011 13
London Catalyst Report and Accounts 2023 and Accounting and ReportirvJ by Charitm statem of Recommended Practice applicable to charities preparing their accounts in aCrdanCe the Flnancial Reporting Standard applicable in the United Kingdom and ReputAiG of Irel•KI (FRS102J. In preparing this report the direct¢xs have taken advantag8 of the small company exemptions in Part 15 of the Companies Ac 2(XJ6. STATEMENf AS TO DISCLOSURES OF INFORMATION TO AUDITORS The trustees in office at the data of the report have confrnied. as far as they are aware, that there is no relevant audit infOrnll0n of whith are unaware. Each of the trustees has confirmed that they have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit infomiation and to establish that it has been communicated to the au(titor. FINANCIAL REVIEW 2023 RESULTS The value of the charws investments at the Yend was £14,603,503 (2022: £14,037,839) whith represents an increase of £565.864 over the year after cash withdrawals. GrantnakIng for 2023 was £327,188 (2022: £335.445). rewe8entff a decrease of 2.5%. There was a deficit of £137.784 (2021" £201.085) btheen income of £339.564 (2022: £282,706) and expenditure of £471.348 (2021" £483.791) in the year. The main reason for this deficit is a shortfall of investment income (wtsr6st and dividends) compared to withdrawals which the charity uses to pay for grant malang athninistratiV8 costs. The annual operating costs 2023 were £109.285 (2021. £109,394). A minlmum of the equivalent of six months, operatirKJ costs thIch is Frft million and four hundred and seventy five thousand {£15,475.00) is kept as cash to fSe the (X)rtinuing efficient running of the charity. RESERVES POLICY The year4nd balance sheet total fundswere £14.633.958 P021- £14,042,828). During the year the re8erves policy was reviewed by the Finm Committ. All funds are available forthe gerral of the (tsity. The charitys not assets constitute unapplied and unrestricted free r&8erves. ft is ts trteas. nonnal policy to make grant commitments for one year and orty occasio• for a maximwn of two years. The target ca8h reseNe is 2% of the asset value of the porwdio. INVESTMENT MANAGEMEpir The level of grants that can be made is depe upon the rdum that can be generated from the charity's assets, which are mosty hekl in an Thwests portfolio. The trustees engage stanhope Consulting, a division of &anhope Capital LLP. in an invesknent advisory capacity. The Stanhope advisers attend the (pHterfy Finm C(xnmittee, at which they present their financial review, .di8CUS8 the mwket c0nditKx. Ferfornw of the portfolio and the investment strategy. INVESTMENT POUCY It is the aim of the charity to maintain or grtrx the real value of the investsnent portfolio responsibly over the long tenn (greth than 10 arKI to support an annual drawdown of 3.25% of the portfolio per arthm (averaged over a rollirvJ 3-year period) for grant distributions and operating expenses. It is the trustees, intention to WNe8t with renth care and skill to meet the aims of the charity and achieve a balance between Ca arKI in(x>me. The Finance Committee reviewed 14
London Catalyst Report and Accounts 2023 the investment portfolio during the year and. folknllw advice from Stanhope, changed its holdings in certain 8tock8 whist maintamg Ks investment in passive v8hicle8 at 52% (56% excluding cash and property). The strategic a88et allocation (SAA) wa8 reviewed and the UK equities benchmark weighting reduced from 35% to 20%. The purpose ofthe SAA is to achieve the portfolio's return objectives Mfjlh no m(Tr risk to capital then is necessary within th8 constraints placed on the p(0110 by its tine horEon. liqukty needs and income requirements. The investment parameters are sh(A¥n in the foll ta ASSEf CLASS AT 31 DEC 2023 ALLOCATKYI B84CHPA4RK INDICES Cash Govemment bonds Index linked bonds Corporate bonds Overseas bonds Total bonds UK equities Overseas equities Total oqultlos P.ropety Absolute retum Commoditles Total altematives Total 15 Ik20 sterfing &month LIBOR FTSE All Stocks All Gilts FfsE All Stocks Index Linked Merrill Lynch Sterfing Corporate Bonds JPMorgan Global Government Bonds 0-10 1040 20 FfsE Atl Share MSCI AC World ex UK 773 55-85 5-15 10 0-10 10 MSCI UK Monthly Propety Index RPI +2.5% p.a. Rogers Intemational Commodity 12.3 11)0 13 At the yearnd th8 Portfolio lagwl belwxl the benthmark by 0.70h. This is largely due to poor performance in UK equities. The lar* contrbth va8 individual fund perfomiance in overseas equities. Over the year. the plfollO has produced a retum of gyo. SOCIALLY RESPONSIBLE INVESTMEKr The trustees, in adopting a Socially ReSpe Invest position, acknowledge their duty to maximise investment returns for the clwity whli 8t al91ng to the Principles of Responsible Investing (PRI) standard8. The underlyiNJ manw within the portfolio are expected to consider best practice when assessi any llwe8tment. To this end it is agreed. in so far as it 18 Possible, to encourage invethent in c(xnpanies that behave in a socially responsible fashion without adversely affecting the overal wfonrjance of the fund. During the year th8 finance committee discussed with Stanlw optiS for sustainable investment funds with levels of disdosure required to meet the Sustairwble Finance Disdosure Regulation (SFDR) quality threshold. During the year the finance also conducted a survey of the board and consulted with its inveslmenl advBers on the forniulation of a socially responsible and Sustainable investment strategy. This included a comprehensive review of the investment landscape. risks and opportunities that might result from a change in investment approach. The trustees plan to conclude this review and awee a su8tainable and socially responsible investment approach in 2024. HOSPITAL SUNDAY APPEAL The Hospital Sunday Appeal is an integral part of the tharws history. A target of £15,000 is set each year for the Appeal which maintaned to promote the charity's work to a wider audience and raise additional furnls for grart-makwy- Al proceeds are added to the allocation for th6 following yearfs Samaritan grart& The charty does not employ commercial fundraisers and relie8 on the charity's staff and v(thwrteer5 for its functraising. The charity 18 registered with th8 Fundraising Regulator and no complaints regarding ow fuTrl-raising activity were received during the year. 15
London Catatyst Report and Accounts 2023 Whlle the charity's main source of income is detNed from its inv83tment portfolio, It continues to receive generous support from individuals. uxTwanl places of worship and charitable trusts. In 2023, the charity raised £18.797 (2022 £18.041) in donations for its annual appeal; (86%) from individuals and the remainder(14%) from faith. tsInesS and charitable institLrtion8. We also re.ceived £3,000 from a prN donor. thstrilxrted under an agency arrangement. The Director made recommendatior to the donor and grants were agreed to ap•Si8t three communty organisations with povth initiatiye8. As with the 'Partners for Health, programme London Catalyst administers this facilty wittKXrt charge to the donor. The Board welcomes donations from in(fNiduals. Irusts and corporations which increase funds available to beneficiaries. The Intstees would lkn to record their sincere thank8 to all who contributed to the Appeal and all our othervalued parts*r8. A list of institutional donors is shown at the end ofthe report and accounts. By Order of the Board Dr Sarah Divall Chair Date: 6 June 2024 16
London Cata Report and Accounts 2023 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LONDON CATALYST Oplnlon We have audtted the financial staten%nts ofLondon Caw (ts'charitable company,) for the year ended 31 December 2023 whlch comprise the Statt cl finarmia aclivities, the balance shee( the principal accounting policies and the notes to the fmancial sta1am. The financTal reporting framework that has been applied in their preparation is appkabl8 Iw axl Unlted Klngdom Accounting Standards, including Financial Reporting Stsndard 102 Tr FNwKial Relwxkng Standard applicable In tha UK and Republic of Ireland, (United Kingdom Generalty Accep1 Accounkng Praaice In our opinion. the financial stments= • gwe a true and fair view of tha state of the chanlable c(xryHry's affairs as at 31 December 2023 and of its Income and expenditure forlhe year then . • have been properfy prepared in wrth Unlted K1ffjd Generally Accepted Accounting Practice; and • have been prepared in cOrd wilh ttB requrements ofthe Companlas Act 2006. Basls for oplnlon We conducted our audit in wrth Intemaknl StarKlwds on Auditing (UK) (ISAS (UK)) and applicable Eaw. Our responsibilities uNler those. SrdS are further described in the auditorfs responsibilities for the audit cl the financial Statem tiOn of (wr report. We are independent of the charitable company In accordaKe wilh the dhical reqUIrts that are relevant to our audit of the financial statements in the UK th8 FR8 Standar4 and VR have fulfilled our other ethlcal responsibilities In accordance wifh reqthts. b8fieve that the audit evidence we have obtained is sufficient and approwlate k) WKle a ba for owopinion. Concluslons relatlng to golng concern In auditing the financial statements. have that tha tru8te8s' use of the going concem basis of accounting In the preparation ofthe fllHKial staknHts is apprwiat& Based on the work we have perfomied. we have nt idenfjfEd any rnaterial uncertainties relating to events or conditions that, individually or collec&vdy. cast Signifnt doubt on tha charitable company's abilty to continue as a going concem for a per of at It Iwth months from whan tha financial statements are 8Uthorised for issue. Our responsibililies and the resp(¥1 of the trustees wilh to going concern are descrlbed In the relevant sections of this reporL Other inforniation The other Information comprises the inknnakn WKknled in the annual report, other than the financial statements and our auditorfs report there0 The trustees are responsible for the other Inf0Mtion contained within the annual reFrfXt and fUla1 Statem r opwffjn on the financial statements does not cover the other infomiation and. except to the extent otheThth explicitly stated In our repor( we do not express any fonn of assurarK8 c<xthicm thereo Our responsibility Is to read the other infi)rmakn aKI. in d(ing so, consider whether the other Informatlon is materialty inconsistent with the financial slaYnts knowledge obtained in tha course of the audit or otherwise appears to be mate nmsskted. If kknntify such materlal Inconsistencies or apparent material mlsstatements, we ar8 rewred k) detemyne this gives rise to a materfal mlsstatement in the financial statements themselves. If. basal (m thevThkwe have performed. we conclude that there is a material misstatement of this other infonth. ar8 requwed to report that frdcl Ve have nothlng to report in Ihis rewd. 17
London Cata Report and Accounts 2023 INDEPENDENT AUDITOIVS REPORT TO THE TRUSTEES OF LONDON CATALYST (contlnued) Oplnlons on othor matters pr48¢ by tho Cthwi88 Act 2006 In our opinion, based on the'worf( undertkn In the cr5e of the aKI • the infonnation gNen in the trustees. reprt whkh Is also the directors, report for the purposes of company law for the financlal year kn vthich the finanad statements are prepared is conslstent wlth the financlal statements; and • the trustees, report, which is 0 the directoTr' repcyt kn the wrposes of company law, has been prepared in accordance legal [equr Matters on which we arn requlred to raport lry In the light of the knowledge and UnderstR¥j of th8 chartth ¢x)mpany and ts environment obtained in the course of the audK we have not identsw Thisststsments in the trustees. reporL We have nothing to report In respect of the folkxiThJ in rli)n to vAKh the Companles Act 2006 requlres us to report to you rf, in our opin • adequate accounting records have not been kert (Y rthwns adequats for our audit have not been receNed from branches not ¥18lted by or • the financial ststements are nrt In wnmtwith the )untIng records and retums; or • certain disdosures of trustees. TernatiOn by law nL made; or • we have not receNed al the and explanali(Th requre kn our auditr, or • the trustees were not enblled to wepare the finandal slatts in accordance with the small companies regima and tako ajvantsge of the smal companie5. exemptions in preparing the trustees, report and from the requiranent to wepare a stsg Responslbllltles of trustses As explained more fijlty in the truste reSE11118S Sta1 the tfustees {who are also the directors of the charitable company for the purFrt)se8 of c(ryny law) responsible for the preparalion of the financial ststements and for being Satlsfied that give a Ifue and fair view, and for such intemal control as the trustees detsmiine is necessary to enable the offinancial ststements that are free from material misstatement, whattw du8 to fi3ud (Y emx. In preparing the financlal statsmwts, the trustees for assessing the charltable CoMpanS abllty to continue as a going c(xX. disthing. as aptthat matters related to golng concem and using the going concem basis of accounting unless the trustees eittw IntK1 to. liquidate the charitable company or to cease operatlons, or have no rtiC altive but to do so. Audltorfs responslbllltles forlhe au of tho fMncI statam Our objectives are to obtaln reasonable assurm abtwhth the financial statements as a whole are free from materlal mlsstatemert whethdt0f[Kl ryerror. aNlfto Issue an audltorfs report that Includes our opinlon. Reasonable assuraKe is a hpah 18vel of assuraKe Ixrt is not a guarantee that an audit conducted in accordance with Ishs (UK) a a material misstatement when It exlsts. Misststements can arise from fraud werroraKI cons materfal if, Indlvidually or in the aggregate, they could reasonabty be expeckd to hffluence the an0 &isions of users taken on the basis of these finan¢ialstatements. 18
London Catal5Trt Re ort and Accounts 2023 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF LONDON CATALYST {contlnued) Audltorfs responsibllities for the audlt of the Ilnanclal statements (contlnued) Irregularities. including fraud, are ita of with laws and regulations. We deslgn procedures in line with our responsibrfities. oUned alym k) detect materlal misstatements in respect of irregularitles, including fraud. Th8 extent k) whth our &ylUreS are capable of detecting irregularities, including fraud is detailed belov. Our approach to identifying aKI assessiry the risLs of nknl nkntatement in respect of Irregularities, including fraud and non-complia8 wlth IThs aKI reguktKXA Yras as follows: + the engagement partIr ensured that th8 gagemeTrt tearn collectively had the appropriate competsnce. capabilities and skills to Klenwy or recognise non-compliance with applicable laws and regulatlons., and + we obtained an understan¢thg of the legal aKI rryulatory frarneworks that are applicable to the charitable company and detsrnthd tha nM)st SKJnificant frameworks which are directty relevant to specffic assertions In the fmancial statern * those that relate to the reportirKJ framework (Statement of Recommended Prac1. AcCnITj aKI Reporting by Charities preparlng their accounts in accordance with the Ftnancial Rryorkng star applicable in the Unlted Kingdom and Republlc of Ireland (FRS 102) and the Charthes Act 20111 We assessed tha susceptibility of the c1HriS financial stTrX to material mIsstateThnt, Including obtalning an understanding of h(rw fraud mwJht oca. by. + making enquirles of managent as to ofax suspected and alleged fraud," and + considering the intemal ujntrob in plxe to nMIWe risks of fixKI and non-compllance with lav and regulations. To address the risk of fraud through man• bias and (pRrride of controls. we: + perfonned analytical procedures to identy any unusual or Cted relationships: + tested journal entries to Klenwy Unu tra and + assessed whether judgemenfs aNI assunW¥M in (MinIng the accounting estimate were Indlcative of potential bi In response to the risk of regth axl wlh laws and regulations, we designed procedures which included, Ixrt Tre not + enquirfng of management as k) arknl aNI pokntial ltsgats(m aKI claims. There are Inherent limitati.ons in our aKlit wocedrn d8scrfW above. The more removed that laws and regulations are from financlal transactio the less Ikely it 15 that we would beco aware of non- CoMlanCe. Auditing standards also limit th8 wdureS required to identify non-compliance with laws and regulations to enquiry of the lytee5 aKI (ther wagernent and the inspection of regulatory and legal correspondence, rf ary. Material misstatements that arfse k) fraud can be h¥dw kn detect than those that arise from error as they may involve deliberate concealm# or coknk)n. A further description of our responsibilities is available on the Financial Reporting thite at WwW.fr&g.uk]auditorSresp0n8bl Ilities. Thls descrfption fonns part of our audltorfs rerMXL 19
London Catatyst Report and Accounts 2023 INDEPENDENT AUDITOR'S REpoirfTO THE TRUSTEES OF LONDON CATALYST (contlnued) Use of our rnport Thls report Is made solely to the chwla)18 cS rnthx, a body, in accordance with Chapter 3 of Part 18 of the Companies Act 2. thr artt wyjrk has been undertaken so that we mlght stats to the charitable company's members those matters Twiired kn state to them in an auditorfs report and for no other purpose. To the fullest extent by lav, * do not accept or assume responsibility to anyone other than the charitable company and the d)arlabJ8 companys JrAnbers as a body, for our audit worK for this report or for the oplnlons we IRve ft*d. Katharine Patel (Senior Statutory All(knr) For and on behalf of Buzzacott LLP. Stathjy A 130 Wood Street London EC2V 6DL Date: 03 July 2024 20
London Catalyst Report and Accounts 2023 STATEMENT OF FINANCIAL ACTivrriES (INCLUDING AN INCOME AND EXPENDrruRE AccouKf AND STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES) YEAR ENDED 31 DECEMBER 2023 2023 Total Funds 2022 Total Funds Income and expenditure Income Donations Investment Income Sundry Income Interest Receivable 18,797 318.861 3,829 78 18.041 264,647 19 Totsl In¢ome Expgndlture Costs of Ralslng Funds Fundraising Costs Inveslment Management Costs Expendlture on Charltable ActlvlU•s Grant-making Support Costs (4.259) (36.616) {4.048) (34.SJ)4) (327.188) (109286) (336,445) (109,394) Totsl Expendlture Net Expenditure before Investment 08$1 {137,784) {201,085) GainlOo8s) on investments 1.429 143 Net Incomel(8xpendli ure) mI Nei w) funds for the Year 591.130 (1,630,227) Reconclllatlon of Funds: Balances brought fonvard al 1 January 14042.828 15.673,055 Balance8 carrfed forward at 31 December 11.12 14 633 958 All amounts relats to unrestricted fwKIs in Ixthfm*Kial yearn. All recognlsed gains and losses arfshw kn the yw uMaudl n Ihe alxme Wementof Financial Actsviti8S. All amounts relats to contlnued activ The noles on pages 23 to 30 form pwiofth8se statem 21
Lond Catalyst Report and Accounts 2023 BALANCE SHEET AS AT 31 DECEMBER 2023 Reglstered Company No. 03480298 2023 2022 INVESTMENTS Fund invesknents 14.603.503 14,037,839 TOTAL FIXED ASSErs 14,603,503 14,037,839 CURRENT ASSErs Debto Cash at Bank 422Q3 15.475 22,881 10,159 CURRENT LIABILITIES Creditors due within one year 10 (27223) (28,051) NEf CURRENT ASSETS 30855 4,989 TOTAL ASSETS LESS CURREKf LIABILMES 14,633,958 14.042.828 Represented By: Unrestricted Funds 11 14633,958 14042028 TOTAL FUNDS 12 14,633,958 14042028 The financial statements were apwoved aKI auuKY1 for Issue ty the Board and were signed on its behalf on 06106124. Dr Sarah Divall Chair otthe Boanl Nick Durack Chair of the Finance Committee Date: 06 June 2024
Report and Accounts 2023 NOTES TO THE FINANCIAL STATEMEpif8 FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POUCIES The following are th8 maln accounthw pohies ed ty the d. Ba8]8 of accountlng The financial statements have been for th8 yw31 Decats21Y23. The fjnancial statements hav8 been wep81 mIera COBt (xxrRth as mOdifd by th8 revaluation of investments and in accordance viith the CunpathsA(21m In the accounts have been drawn up In accordance with Accounting and Rerthng ty chthvepai Iher accounts in accordance with the Financlal Reporting Standard applicable in the United Ki¥Jthm a1 rflrejand (FRS102) {Chaiities SORP FRS102), the Financial Reporting Standard applicabIe kn tho IA(and Rox of (FRS102) and the Charites Act 2011. The charlty Conslliuies a pubk bendl as derm1 ty FRS1112. The ar8 presented In sterung and are rounded to the nearest pound. crftical accountlng estlmatss and arths of hwont There are no items in the financwal 8taiem lhe IJ8$ axl management to make significant judgements or estimates. A8se88ment of golng concern The trustees have assessed whetlwthe we of the )H¥J asswrykn Is approprlale In preparfng these ffinancial slatwnents. The twstees have a88es& in respedkn a period of one yearfrom Ihe date of approval of these financlal statemerts. The tNstees of the charty have th&thwe ae mthial related to everrts or condltsons that may cast Significant doubt on the atxTty ofts dwrlyts) as a 0)nm. The Irustees are ofthe oplnlon Ihat the charity will have Sufficient resources lo nxei Its as tsy fall due. regard lo the next accounling Pertod, year ended 31 December 2024, tho Jeas that affect the carrying value of the assets held by th8 ¢hadty are the level of investment teiwn arM11h8 of the investment markets (see the investment pollcy and the rlsk management 8ections of the rewxt forjrnxe kknmatlon). Income recognition Income ts renIsed In the period the ch has enffiI8 to lh8 kKime. the amount of Income can be measured rey. and it is probableth the llKonie rAII b8 Income MprISeS donallons and iThxJn Donations are recognised en Ihe ¢hanly h of Imth theamount and settlement dats. In the evenl of donations pbdged bjt not recelved. the amowrt IB ax¥1 lTr>rvknth•receWis consldered probable. In accordance wilh the Charftles SORP FRS101 v(knteer ib Dividends are recognised once the has been d&ared and has been received of the dlvldend due. Interest on funds held on deposit is included and the •n(xmt be measured reliabty by the charity; this is noThnally upon nofKation of Ik k)leA8st W iypyth ty the ba
Report and Accounts 2023 NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 DECEMBER 2023 ExpendIrn rncognltlon Liabililies are recognbed as expendre as soon as there Isa18gal Ixconstructive obfwation MMItt1n9 the charity to make a payment lo a third party, it is probable that a tranBferofe(Xyj b&fI6 will be requlred In setuement and the amount of the oblgatlon can be measured reliably. All expenditure is accounted for on an accwth Imi& Expaxkn (x•nwlses dlrect costs and support costs. All expenses. inclu¢ling support o)sts, are allocat14[W to the applKable expendire headings. The dassffication between activities is as follow& ExpilUre on raising funds Includes al ass(xd with raising funds for the charity. This in¢lude$1rn18sknent management fa8s. and of5% ofstaff costs as being the amount dlredly attrlbutable to ralslngfund& Expendlture on drftsble athltles all costs as1 wilh furthering the charitable purpose8 of the charfty through the provlslon of Its acfj¥lie& ¢t6 ¢harltable grants and donallons and support CA>sts Indu(fmg 9Jvemance cost& Charitable grants arKI donalions comprise slngle yw ththan mulWear grants. Grants and donations are inclLKled in Ihe statement offinandal acllth WI aNxtyded ts payn Grants approved but not paid at the and of the fjnancial year are accrued. All expendire ts staled Induslve Ofhre(xpth VAT. Allocation of support and govemanca 19 Support costs represent Indlrect tharftable experKkn. In dl0 cary oul the pThry purposes of the charity it is necessary to provide supportln the fonn of persfAThl dff4ekY frwicial pr• provision of office services and equipment and a suitable workiNJ erntr(mmenL Govemance costs comprise the costs involving the ofts dwlty (mdudlng audit costs) and costs n respect to Its compliance vath regulation and gjod Support costs and govemance costs excludlng sldf rd&ed (xls we albcatul kn the sole charitable activty. Slaff related CA>sts are allocated in accordww the Ihne sp&rton eth Fund accountlng Unrestrlcted funds are those funds avalaNe kn use at the of the trustees, In furtherance of the general objethes of the chaiity, and which have rnt ljeen nated (ther purp)$8s. Restricted funds are funds which are k) be used Mi speclfjc reslrfcfjon5 ImSed by d<)nors orwhich have been raised by the drity for pwwe& cost of lsIng and adMiTing such funds are charged against the speafic fund. Flxed asset Investments Usted Invesbnents are a form of baxfirHMxal knli Ke(wilsed at tslr transactlon value and subsequenty measured at thelr fatrvakR as atthe bkn 8he& d the d081ng quoted market prlce. Realised gains (orlosses) on inveslnM assets pAe es between disposal proceeds and their opening carrying value or thelr purchase if thefrst day of the financial year. Unreallsed gains and108ses are calculatsd as the dIffer b81 the farvakn the year end and their carrying value at that date. Realised and unreallsed Invesknent gains (<r kbsses) Mi the 8tatement of financlal actlvltles and are credited (or deblted) In theyear Inwhkh ltr ats 24
London Catalyst Report and Accounts 2023 NOTES TO THE FINANCIAL STATEMEltrs FOR THE YEAR ENDED 31 DECEMBER 2023 Debtors Debtors are recognised at theirsettlearn less fornon4ecover8bllity. Prepayments are valued at the amount prepaid. They have been discowrted to the value of the future cash recelpt where such discounling is matertal. Cash at bank and In hand Cash at bank and in hand represents xc(xMts Wxl ae available on.demand or have a maturity of less than three months from the date ofxqthskn Depo kn more than three months bul less than one year have been disclosed as short lerm 4poslkn Cath depcRfi)rmore awl one year Is disclosed a8 a ed asset investmenL Credltorn and provlslons Credltors and provislons are recognised kn IIER 18 an atthe sheet date as a result of a past even( It Is probable that a Iransfer clec(4Krn ben1 be sdllernent, and the amount ofthe seiU8ment can be estmnatsd reably. Credltors and provlskms recwed * the amount the charity anticipates it wli I pay lo settle the debt. They hav8 been disrAx to tho ofthe cash payment where such discounting is materlal. Penslons iwo employees. Contrfbutions are charged on the slatement offinan(aal VA Ily aro payalAe to the The ¢harVs conlrfbutlons are restrlied to the th8d06 in nth & There were no outstanding ltrUl[0nS at the year end. The ChIlY ha8 no IWXMI ibcontributions and paying across th8 deductlons for the employees. ci¥)tnkn' Taxatlon London Catslyst is a regislered charity and. thweftry15 IA810 e tax or corpordon tax on income on gains derived from its diaritabl8 actlvi&a4 as tsy fal Ihe vaxLS available to registered charities. Statement of cash flows The ffflancial statements do not in(Kle a staemert dcash IkMs th8 tharfty ts nSIdered a small etharlty and Is theref(e exemptfrom the requirement k> wepwe a slm8 WKler the Chariltes SORP FRS102 Updats Bultelin1. Agency arrangements The tharlty has actsd as an agent In dlstributy grarfs behawof donors. Payments received from the donor and subsequent dlsbursements to granl recipients hav8 ex<ed from the statement of ffinancial adivilies as the d)arity does not havo control ¢Jver the awakn rfthe fund& The funds recelved and dlsbufsed 8ThJ bakn¢x hekl are ¢fj*ed in n 14.
London Cata Report and Accounts 2023 NOTES TO THE FINANCIAL STATEMEiirJ FOR THE YEAR ENDED 31 DECEMBER 2023 2. DONATIONS 2022 Donations Indudlng deeds of covewrt & (4ft Ahj IQ797 18.041 18.797 18.041 See page 37 for the list of donatlons receheAI kn the >wr. 3. INVESTMENT INCOME 2022 Dlvldends on UKIForeign pooled fiwmls Interest Recelvable 316m1 264,647 19 316,939 264,666 TOTAL EXPENDrruRE 2023 2022 TOTAL TOTAL Costs of ralslng funds FurKlraising costs (5% of Salaries) Investment Management costs Charftabl• aotlvltlos 4,259 36,616 4,048 Grant making {rthe 7) Support costs (note 5) Total Expendlture 327.188 327,188 109,286 28J79 109,394 84166 392.183 477,349 483,791 Peabody charged £11,932 {2( £14.T for the wovi8Hm rf oif#% arwj athniislrabon services specified under a Management AgreemenL
Report and Acco.unts 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 5. SUPPORT COSTS 2023 2022 Wages and salaries (95%) Management fees Insurance ),907 76.914 11.932 14,730 Sundry exp8nses and other expe Auditorfs remuneration (note 6) 109 7,745 9%0 9,300 109.286 109.394 Stsff Costs and Remuneratlon ofKey lknganent peTr: 2023 2022 Wages arKI salaries Social security costs Pension 74.989 70,930 2.939 7.19) 85,164 80,962 Employees eaming £60,0. £70,(KKI Is ono12021" th). The k8y management personnel ofthe dwge ofththJ aml C<wthng, running and operating the ¢harfty on a day4041ay basis comprise the truslees the DYe(kn. The )tsl remuneration (Induding tsxable benefjts but exduding employef8 pension contributicK) d the kay pnn for the year was £72.590 (2022: £68.891). None of the trustees of the charity remumatsd (2022 £rf) no trustees were reimbursed for expenses Inrred during 2023 (2022: £W The tolal 1Xt1ha year ended 31 Drnb8r 20231s £7,190 (2022: £7.093). The tot81 number of employees forthe 2023 was l frn8 IFTE) 1.412022: 2, FfE 1.4). The average number of employees, expressed as a a*8ed byfiwKkn way. 2023 2022 Support Staff 6. GOVERNANCE COSTS 2023 2022 Current year audit fees Total 9.540 9.300 27
London Catalyst Report and Accounts 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 7. GRANTS 2022 Instiluiional Prlor year grants wlthdrawthetuniul 327.188 335,945 {5(Kl) 335A45 (158 grants) 327.188 (157 grants) See pages 3110 37 for the anatysi8 the yew. 8. FUND INVESTMEKrs 2022 Usted Investmonts Marf(et value al 1 January Additions 13.778A20 1521.502 515234) 728,914 15,822.574 1,695,514 (2.110.525) (1,429,143) 13,778,420 Disposals Net Realised and Unrealised Gain) Mat value at 31 December 14132 C•sh deposits held for investme Total Inveslments at 31 December 89,1 259,419 14603,503 14037,839 HistorTrl cost at 31 Decemb (Indudlng deposlts) 11420,513 12,610,999 The charity engages Stanhope for 1rNeStr advK* thl kwe8ts kn pled frmdsfrom whkh Invesknent managefs fees are deducted before the market value is establish. the valuation of investments is net of Investmenl managefs fees, any third paty managed fiwxls arwj •fEe8. WIX•4 (2022: £34.904).
London Catalyst Report and Accounts 2023 NOTES TO THE FINANCIAL STATEPENTS FOR THE YEAR ENDED 31 DECEMBER2023 8. FUND INVESTMENTS (contin Inv8slm8nts Including cash deposlsare held in the geogwlKd araas: 2022 UK & Ireland 7251*3 6,954,468 Europe (Ex UK) North America 932 524.988 298,328 316,416 Pad 605.154 Global &627.998 5.389.652 247.161 14.037.839 Intemalbnal 14604503 Materfol Invesknents Induded wilhin the investments hetd at the year-end the which individually comprise more than 5% of the total market value of noTrcash vrdesti 2023 2022 Ishares111 PLC - Core MSCI WoTkl ETF 1.7T3,683 817,831 Vanguard Funds PLC- S&P 500 Uctrs 1.476,987 1.259.861 Evenlode Inv Mgmt Ltd 1h31.648 1.418270 Fundsmith LLP 1x392 1277,605 Charltles Prop Property FurKI 1.102,466 1,351,614 Vanguards Funds PLC-FfsE 250 ucrrs EfF 805,818 UBS {IRL) PLC- ETF MSCI UK IMI SOC 9. DEBTORS 2023 2022 Accrued Income 41203 22.881 22.881 10. CREDITORS DUE WITHIN ONE YEAR 2023 2022 ACclS for grants payable TaxatK)n and Social security Trade crethiors 4,200 2.238 2.086 18,985 21,765 27,223 28,051
London Catalyst Re ort and Accounts 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER23 11. UNRESTRICTED FUNDS 2022 Balar at 1 January Net 8xpendKure in the year Gainsl(Losses) on Investrnent ass Balance at 31 December 14.042A28 (137.784) T28,914 14633,958 15,673,055 (201,085) {1,429,143) 14,042,828 12. ANALYSIS DF NET ASSETS BEfwEEN FUI 2023 2022 ASSETS TOTAL TOTAL Unrestslcted funds 14AIV .455 14,833,958 14,042,828 14,042,828 14633,958 The total unreallsed galns as at 31 Dwkn2023 q revaluatlon and are as foll 2022 Unrealised gains included above (m kweslm 2 182991 Reconciliation of movements In Unre gkn: Unrealisad gains at 1 January 2023 Add: In respect of dlsposals In the year Minus: net losses arising on reVaILtionS In the Total unrealtsed galng at 31 De¢emlJer 2tr23 1,426,840 2,515,234 1.759.083 2 182 991 13. RELATED PARTY TRANSAGlloNS Owing to the nature ofthe tharws operatkTh aul th8 (yjryjth" clth8 Bowd ofTruslees being dwn from I1 public and charitable sector organlsatTons, It Is InevltsNe tran5th ll take Flace wilh organisations in which a member of Ihe Board of Trustees may have an interest. Mark is Dof Hackney Doorways, a grant reclplenL All transacttons involving such organisations are conducled at lh WKI n.Kmrdance wilh the charitys financial regulations and nomml procurement prcKedures. hryTn has any wthB8t li a grant recipient vAll willyjraw from all related grant discussions. Trustees makevoluntary donations to Ihe charilY8 H(* S• In support of other fundralslng Inttlafjves induding the London Marathon and publlc collec The aggregate amount of donation8 made lry the Inthes to1he In the yewwas £1,045 (2022: £1,305>.
LorKlon Catalyst Report and Accounts 2023 14 AGENCY ARRANGEMENTS During Ihe year. the charfty recetved £&(XXI IXY2 £3.1MN)) to (tiIxw8e as to nomlnated charftles on behalf of prlvate donors. The followlng pages do not form part (the statty accoun Tly ae included for illustrative purposes and show the range of grant maklng. nKknling th08e made arrangements. that the charity undertakes during the y&2r. SUMMARY OF ALL GRANTS PAID OR COMMrrrED IN 2023 PROJECT GRANTS Organi5ation Borough Hackney The People's Recovery To blish altemative routes into recovery Project for peotAe are eXperIeg 6,000 Shapeshift8r Productions The SmiTry Sesrn" Singffy for older Waltham Forest 3,000 The Maytree Respite Centre The Parent House London-wide 3.000 Islington 3.000 Amy and Friends Sessional costs and athity packs to assist families atten(fmg the rare glIC disorder dinic Conf. Westmlnsler 3.000 Islington Centre for Refugees and Migrgnts London Accessible Psychotherapy & Inclusive Supervision Apha8ia Re-connect IsllngtTr) 3.000 service for rthg88s. Fordevelopiry a COMMty pathr8hips ogramme. Bamel 3,500 For an infonnation records management and Iministrative supp(wt Service provided by Atten Inter Act Stroke Support Rea(ffi service for hosplal Southwark 3,000 Hackney 3.000 Hot Line Meals Food delivery service arKI swvt for voluntee Hackney 2.000 MamrnaKind Lewisham 5.000 Forest Gate Community A progranme cAacvilM for refugees and Garden CIO Newham 3,150 Age UK Bexley Bexley 3,500 The Redbridge Respite Activity wogramme for carn and service Care Assoctation users inckKknJ day trips arKI centre activities. Essex 2,800 Restorative Justice for Sport8 prop( for kKal resid wRh long AII (RJ4AII) Southwark 3,500 The Loss Project CIC Hackn6y 3.000 ogramm& 31
London Catatyst Report and Accounts 2023 PROJECT GRANTS (contlnued) Organlsatlon Cooking Champions Borough Enfleld 2,000 Camden, Cty, Islington CounseTry for diants who have suffered a and Westminster traumatic k. Bereavement Servic8 Camden 1,500 The Mulbery Centre HounsIow 2,000 induding face to face COW1111ng and Complem thera&Hes. Age UK Croydon Croydon 3,000 BeLifted Now CIC To 88tabfth mots and daw*r groups and Bamet 2,000 Key Changes Music and Wallbawy Hub p8op18 in mental heallh services. HounsIow 2,500 Healthy Generations . Fthess 8es8ions for okler people Islington 1,500 Sarah Agnes Foundation A norlh Kensingkn counselling service. Kens-fftgton and Chelsea 1,500 Betknowmore UK Outreach and personal SUPPOT( peo impacted by gam addiction. Dance classes for older disabled adults Hammersmith and Fulham Kensington and Chelsea Isling 3,000 Dance West 2,500 Pursuing Independent Path8 36CP innmersive tranlNJ Spa to reduce ietyforadth with a leaming thsability seeklng medlcd advk& Training progranyne ofving WOTk training and tailored trauma-infomied supporL 1,500 Luminary Limited Camden 2,000 Remarkl Community Parrt toddler Group for Deaf parents and dxldren Camden 3,000 Street Storage Islington 3,500 Cancer Support UK To provide cancer for adult8 and thildren Lond0Tr4ylde 1,500 Five A Side Theatre CIC Sthay Sow>: heallh and 11 wothshops okler p80pI8 ofts Caribbean 2,500 Magpie Dance The Plateful Café Bromley 1,500 Greenwich 2,000 WU(j refya volunteer trainirvJ. Mindful Peak PerfOrrnan CIC Tower Hamlets 2,000 aduRs Substan athlidion.
London Catalyst Report and Accounts 2023 The Richmond Fumiture l(rtchen essentials starter knt WOi8Ct Scheme Rlchmond upon Thames 1.250 PROJECT GRANTS (continued) Organballon Intergenerational Music Making Purp05• A programm8 of nwsic and movement for dscharged rehab inpaliaits from Charing Cross Hosla1. Borough Hammersmilh and Fulham 2,000 Lancaster Footcare Service Silenced CIC Foot Care for older arKI disabled people Enfield 1,500 ExthiNJ Parent Abuse. programme working LondoTrwide partnersh¥) wRh the IShip Hub. 2.000 The PCC of St Peter, De To estabhh a rftw communty based Parish Beauvoir Town Hackn6y 3.000 The PCC of St Peter. De To establish a community ba8ed Parish Beauvoir Town {2) Nurse project (Catalyst Match). Company Drinks CIC Programme of aclivfties to encourage use of the leaming spa(x to in(kn18 mental health training. art8 and crafl& (Catalyst Match) Nature based ac*vilM on Hampstead Heath for people experi poor mental health. Hackney 1,500 BatkirvJ and Dagenham 899 Heath Hands Camden 3.000 Sunah's Crisis Team CIC Welfare advice forfood defvery woject 1,000 Sport4Health CIC Table tennis social grow) for older LGBT+ people. Wandsworth 1,500 Debt Centre Greenwich Morny ManagThrt & Life Skas cour8e8. Greenwich 3.000 Find Your Voice CIC Twist & Shwt 8(xw and dance for peorAe with a disabilty in a(kth soual cara. Lewisham Donation Hub Hub Operaliorn Coor(knator. Harrow 1,500 LevAsham 2,500 Re-lnstate Ltd 1,500 Grace Organisation Haringey 1,500 Healthy Minds, Healthy GP ba8ed colktx)rative communty exercise Bods Islington 2.000 Globe Communty Project 3.000 English lalage learni. wRh gentle body arKI local orientthn activiti& Hamlets Claremont Project Peer 8UPP(xt grow) for i801ated older people. Islington 2.000 Home-start Haringey. Hackney Waltham Forest Haringey 2.000
London Catalyst Report and Accounts 2023
Maa l
LorKlon Catatyst Report and Accounts 2023 PARTNERS FOR HEALTH Organisation Borough Bamel Dementia Prevention UK Dementia wev&rtion offering health literacy np(verm8nL lifestyle changes for women from Mar communitie& Peer4ed support netwo and awareness campaign for girls arKI wom8n living with endometriosi8. 2,750 Healthwatch Camden Camden 7,580 Connect: North Korea Health outreach and advice for North Koreans suffering fr(xn phy or mental ill-health due to poverty. iwuRy 80cial exclusion. Indoamerican Refugee Workshop& practical support and outreach for and Migrant improving health equity for the Latin American Organisation community In South Lond(xL The Elfrida Society Kingston upon Thames 2,472 Lambeth 6.816 LondoTrwide 5,648.50 working with hospit arKI GP. Association for Young Co-produ(xu trainuy ilh prllnary care staff People's Heafth and young people to iyomote change in YOLWV peopte's heallh. Infonn, Eqillp and Emp(vwer Tackling health Inequalities aKI inprovuw mental health outcomes forwomen of colour living with HIV. Programme of Com•ry Therapie8 for SouthwaTk 6,375 NAM Publications London vde IsllngtTr) 5,000 Hoxton Health Hackney 4,626.50 East London Care8 Outreath arKI nelworknw to b the gap belween support seThic8s for older people. Ha¢kney & Tower Hamlets 2.500 Our Time (knTinK (knvoice: (xealive otOgraphY workshops. arts program and thgital eXhibitK for your¥J peo wRh mental ill heatth. Welfare AdvKe in hospitals for Peo Living with HIV. Tower Hamlets 2,500 Positively UK Camden 3,750 One to One Enfield Health and 8e881ons wRh GPS and community nursirvJ service for auttstic adults and people wRh learrwYJ (fiffi(xthies. Journaling For WellbeKvJ: TherapticWrit1r0. coaching and psychology Nrterventions to Improve alt emotional arKI mental health. Enfield 2,225 Aston-mansfield Newham 2.500 Menucha Ltd Bamel 2.000 group piloL Osteopathic trlMtt for MSK pain managenRnt for people on incom Core Clapton Hackney 2,500 Home Start Camden and Islington Music Thwapy for children an autism Camden 2,500
London Catalyst Report and Accounts 2023 PARTNERS FOR HEALTH (Conlin Organlsatlon The Ryan MS Therapy OccupaliorHI Th8r4ry sarvK to wnprove the Centre health and 1)e1ng of people with MS. Pu Borough Croydon WISH Social prescnl)ing to reduce women's mental ill-health and a880(X reloffending rate8 Hamlets 2,000 Attend Post-Ix)8Vtal th8charye educalion. infomiation and peer led SUPlKXt for sufferirwj with neurok&Kal kry COVID (NLC) Programme ofe¥rfy llrteTVn to SEND pathways for thildren in tporary or insecure London +IAde 2,000 Magpie Project Newham 2,000 SAMARITAN GRANTS Orgthl8atlon SoLrth London and Maudsley Chaucw Centre Woodfield Trauma Service Street Storage Doctors of the World UK Notwood Ravenpjwood Camp Simcha Jewish Women's Aid Positively UK Traumatic Stress Service SWLSTG Vineyard Community Centre SWLSTG Shaftesbury Clinic Salusbury World Refugee Centre Traumatic Stress Clinic Camdèn and ISr NHS Veterans Mental Health and Wellbeing Servi(xs Royal Hospital for Neurtrdisabilty RHN The Manna {St Stephen's Church) Praxis Communty Projects The Elfrida Society Stonn Family Centr8 Southwarf( Adult Mental Health Team Homerton Healthcare Charitable Fund Tuming Comer8 Lighthouse Island Advice Centre Westminster Roman Catholic Diocese True Room to Heal Zacchaeus 2000 Trust Epsom Hospital Adult Social Care Team Age UK Bexley All People All Places Greenwich & Bexley Communty Hosyce DJ6trka Southwart( Westminster Camden Newham Bamet London-wide London-wide Hackney lfjngskn w)on Thames Rithmond upon Thames Wandsworth Brent Camden Camden Wandsworth Islington Tower Hamlets Islington Wandsworth Southwark Hackney Hackney Hackney Tower Hamlets Hanmersmith and Fulham Islington London-wide Surrey Bexley Enfield 1,500 1,500 2,000 1,750 1,200 1.,000 1,000 1,800 1.100 1,800 750 1,600 2,500 1,250 1,000 1,000 1,750 1,11)0 1,000 1,500 1,500 1.,000 51)0 750 1,200 1,500 1,800 750 1,000 1,600 11 Greenwich 1,600
London Cata st Report and Accounts 2023 SAMARITAN GRANTS (ced> Organtsation St John's Hospice Young Roots Hillside Clubhouse Healthy Living Projects Ltd Disability Advice and Support Hillirydon Hackney DOoayS Cardboard Citizens MRS Indep8nd8nt Living St John the Evangelist, Browns Park Notre Dame Refugee Centre This is GrowTH Ltd Cty Gateway The Magpie Project Freedom from Torture Alternatives Trust East London Prison Advice & Care Trust The Upper Room (St Saviourfs) King'8 College Critical Care PsyclTho(aal Team The Care Rights Projed Her Centre Ltd Evie's Gift CIO Islington Crisis Fund H4AII {3ST) Employment 4 All CIC Action for Refugees in lshaM Wejcare Hospital SW Team Tower Haml* St Giles Trust The Olive Branch, Holy Trinity Clwrch Your Place Ltd Cty & Hackney Carers Northwick Park Hospital SWTeam Other grants made in year Total grants payable Westminster Croydon Camden Redbridge Hillingdon Hackney Tower Hamlets Hackney Hackney stminster Tower Hamlets Tower Hamle.t8 Nawham Islington Newham London-wide Hammersmith & Fulham Lambeth Hillingdon Greenwich Lambeth Islington Hillingdon Southwark Greenwich Southwark Tower Hamlets Southwark Hounslow Nawham Hackney Harrow 1,000 1,000 1,500 2,000 1.200 2.000 1,000 1,750 1.000 1.800 1,51)0 1,200 1,200 1,500 1,000 1,51)0 1,750 1.250 1.500 1,500 1,000 51)0 1,750 900 1.500 800 800 1,01)0 1.500 1.500 1.500 500 £327 188 THE HosprrAL SUNDAY APPEAL" DONATIONS Y4 2023 l)onor Antony Homby Trnst The Loveday Charttable Trust BE Rodmell Trust 1,000 1,000 64 2,064 15,688 1,045 18,797 Institutlons Total InthvKkth (WHA185 cokntions} & anonymous Trustees Total Donatlons 37