# ## ## ||||Page|| |---|---|---|---|---| |Annual
Report Charity|information|||| |Trustees' Annual
Report||||| |Independent
auditor's|report|||15| |Funds Statements:-||||| |Statement ofFinancial|Activities|||16| |Statement
of Financial|Activities - Prior Year statement|||17| |Statement
oftotal recognised||gains and losses||18| |Movements
in funds||||19| |Income and Expenditure|account|||20| |Balance sheet||||21| |Cash flow statement||||23| |Notes to the accounts||||25| ## ## ## ## ## |64 Broadway||||| |---|---|---|---|---| |Boardman
House, Stratford||||| |London,
E151NT||||| |Telephone 02088101664Email Address|info@emfoundation|org uk Web address|www. emfoundation.|org. uk| |The Trustees
in office on the date the|report was approved|were:-||| |Mr|Anil Bhanot OBE, FCA|| |---|---|---| |Mr|Surindar
Singh Syan LLB|| |Dr|Santosh Bhanot PhD
(Appointed|5th May 2020)| |Mr|Dilip Joshi MBE, FCILT
(Appointed
10th June 2020)|| |Mr|Sunil Purohit
(Resigned
9th February 2020)|| |Ms|Tangy Morgan
(Resigned 11th|Februanr 2020)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The charity'8 finan|cial position at the end oithe|year ended 31|December 2020| |---|---|---|---| |The financial
position|ofthe charity at 31 December 2020|and comparatives|for the prior period,| |as more fully detailed|in the accounts, can be summarised|as follows:-|| |||2020|2019| |||8|E| |Nst Income||239,251|1,858| |Unrestricted
Revenue
Funds, include s
substantial
sum for properties costs||6,890.317|6,620,552| |Unrestricted
revaluation|reserve|7,138,959|7,138,959| |Total Unrestricted
Funds||14,029,276|13,751},511| |Restricted Revenue
Funds||2,387,651|2,418,165| |Total Restricted Funds||2,387,651|2,418,165| |Tots}Funds||16,416,927|16,177,676| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||soap
Raf|Currant year
Unrestricted
Funds|Current year
Rsatrlclad Funds|Current year
Talal Funds|Prior Year
Terai Funda| |---|---|---|---|---|---|---| ||||2020|2020f|2020|2019
6| |Income 8 Endowments|from:|||||| |Donations 8Legacies||Al|398,156||398,156|| |Charitable
activities||A2|281,094||281,094|6,871| |Other trading activities||A3|359,468||359,468|848,383| |Investments||A4|1,167,722||1,167,722|1,300,175| |Total income|||2,206r440||2,206,440|2,155,429| |Expenditure
on:||||||| |Raising funds||Bl|597,229||597,229|638,445| |Charriable
activities||82|1,369,960||1,369,960|1,515,126| |Total expenditure|||1,967,189||1,967,189|2,153,571| |Net gains on investments||64||||| |Net income for the year|||239,251||239,251|1,858| |Net income after transfers||A-B-C|239,251||239,251|1,858| |Net movement
in funds|||239,251||239,251|1,858| |Reconciliation
of funds:-||||||| |Total funds brought forward|||13,759,511|2,418,165|16,177,676|9,036,859| |Unrestricted
Revaluation|Reserve|||||7,138,959| |Total funds carried forward|||13,998,762|2,418,165|16,416,927|16,177,676| ## ## |||||Prior Year|Prior Year|Prior Year| |---|---|---|---|---|---|---| ||||SORP
Ref|||Total Funds| |||||Unrestricted
Funds|Resuicted Funds|| |||||2919|2919|2919| |||||9|6|9| |income & Endowments||from:||||| |Donations
&Legacies|||A1|||| |Chantable
acbvities|||A2|6,871||6,871| |Other trading
activities|||A3|848,383||848,383| |investments|||A4|1,300,175||1,300,175| |Total income||||2,155,429||2,155,429| |Expenditure
on:||||||| |Raising funds|||81|638,445||638,445| |Charitable
activities|||82|1,515,126||1,515,126| |Total expenditure||||2,153,571||2,153,571| |Net income for the year||||1,858||1,858| |Net income after transfers||||1,858||1,858| |Net gains on revaluation|offixed assets||Dl|7,150,000||| |Net movement
in funds||||7,151,858||1,858| |Reconciliation
offunds:-||||||| |Total funds brought forward||||9,262,681||9,036,859| |Unrestricted
Revaluation||Reserve||||7,138,959| |Total funds carried forward||||16,414,539||16,177,676| ## |||||2020f|2019
6| |---|---|---|---|---|---| |Funds generated|in the year as|detailed|in the SOFA|239,251|1,858| |Resources applied|on functional|fixed assets||(19,648)|(3,688,699)| ## ## ## ||||||Unrestricted|Restricted|Total|Last yssr| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Totslyunds| ||||||2020|2020|2020|2010| ||||||1|f||0| |Accumulated||funds brought forward|||6,651,066|2,387,651|9,038,717|2,416,307| |Recognised||gains and|losses before transfers||239,251||239,251|1,858| ||||||6,890,317|2,307,651|9,277,960|2,410,165| |Closing revenue funds|||||6,890,317|2,387,651|9,277,968|2,418,165| |Revaluation||Reserve||Fund|Unrestricted|Restricted|Total|Last year| ||||||Funds|Funds|Funds|Total Funds| ||||||2020|2020|2020|2010| ||||||2||f|8| |At 1 January|||||7,138,959||7,138,959|6,620,552| |Net gains on||revaluation||offixed assets||||7,138,959| |At 31December|||||7,130,959||7,138,959|13,759,511| |Summary|of funds||||Unrestricted|Restricted|Total|Last Year| ||||||snd|Funds|Funds|Total Funds| ||||||Designated
funds|||| ||||||2020|2020|2020|2019| ||||||1|0|4|f| |Revenue accumulated|||funds||6,890,317|2,387,651|9,277,968|2,418,165| |Revaluation|reserve fund||||7,138,959||7,138,959|13,759,511| |Total funds|||||14,029,276|2,387,651|16,416,927|16,177,676| ## ## ## |Income and Expenditure
A
Companies
Act 2000|cc|ount f|or th|e year ended 31|December 20|20as required
by th|e| |---|---|---|---|---|---|---|---| |||||||2020|2019| |||||||8|8| |Income|||||||| |Income from operations||||||1,038,718|855,254| |Investment
income and interest|||||||| |Income from investments,
other than||interest|receivable|||1,167,450|1,299,824| |Interest receivable||||||272|351| |Grom income in the year before|exceptional||items|||2406,440|2,155,429| |Gross income in the year including||exceptional||items||2,206,440|2,155,429| |Expenditure|||||||| |Charitable
expenditure,
excluding|depreciation||and|amortisation||1,170,392|1,307,984| |Depreciation
and amortisation||||||108,377|112,517| |Fundraising
costs||||||597,229|638,445| |Governance costs||||||12,500|10,254| |Interest payable||||||78,691|84,371| |Realised losses
on disposals ofsocial investments||||which are programme|related||| |Total expenditure
in the year||||||1,967,189|2,153,571| |Net income before tax in the financial year||||||239,251|1,858| |Tax on surplus on ordinary activities|||||||| |Net income after tax in the financial||year||||239,251|1,858| |Retained surplus for the financial||year||||239,251|1,858| |A0 activities derive from continuing||operations|||||| ## |||||SDRP|||| |---|---|---|---|---|---|---|---| ||||Note|Ref|2020||2019| ||||||||6| |Fixed assets||||A|||| |Tangible assets|||8|A2|3,656,640||3,745,369| |Investments
held as||fixed assets|10|A4|15,000,000||15,000,000| |Total fixed assets|||||18,656,640||18,745,369| |Current assets||||B|||| |Stocks||||B1|6,715|6,865|| |Debtors|||12|B2|172,223|55,499|| |Cash at bank and in||hand||B4|408,810|281,125|| |Total current assets|||||587,748|343,489|| |Creditors: amounts||falling due within|||||| |one year|||13|C1|(439,810)|(493,017|| |Net current assets/(liabilities)|||||147,938||(149,528)| ||||||18,804,578||18,595,841| |Total assets less current liabilities|||||||| |Creditors: amounts|falling due after more||||||| |than one year|||14|C2|(2,387,651)||(2,418,165)| |The total net assets||ofthe charity|||16,416,927||16,177,676| |The total net assets||ofthe charity are funded||by the|funds ofthe charity, as follows:-||| |Restricted funds|||||||| |Restricted Revenue|Funds||18|D2|2,387,651|2,418,165|| ||||||2,387,651||2,418,165| |Unrestricted
Funds|||||||| |Unrestricted
Revenue||Funds|18|D3|6,890,317|6,620,552|| |Unrestricted
Revaluation
Reserve|||18|D4|7,138,959|7,138,959|| ||||||14,029,276||13,759,511| |Designated
Funds|||||||| |Total charity funds|||||16,416,927||16,177,676| ## ## ## |Cash Flow Statement fo|r the year en|ded|31 De|cember 2|020|| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||6|| |Cash flows from operating|activities|||||| |Net cash used
in operating
activities as shown||below||8|~),020,363)|~))).)82,)26| |Cash flows from investing|activities|||||| |Interest received|||||272|351| |Other investment
income, including
rents from investments|||||1,167,450|1,299,824| |Proceeds from sale of property,|plant and equipment|||||3,655,442| |Purchase of property,
plant and|equipment||||(19,648)|(33,257)| |Purchase ofinvestments||||||(5,018,674)| |Net cash provided
by i(used in )investing||activities||B|1,148,074|(96,314)| |Cash flows from financing|activities|||||| |Cash inflows from new bonowings|||||(30,514)|122,579| |Net cash (used in )/provided|by financing|activities|||(30,514)|122,579| |Overall cash provided
by i(used in )all activities||||A+B+C|97,197|(11,140,861)| |Cash movements||||||| |Change
in cash and cash equivalents
from activities|||in the|||| |year ended 31 December 2020|||||127,710|(11,140,861)| |Cash and cash equivalents
at
1|January 2020||||281,100|217,528| |Cash at bank and in hand less overdrafts||at 31December|||DD8,81D|~1D,923,333)| ## ## ## ## |Net
income as shown|in the|Statement of Financial|Statement of Financial|Activities||239,251|1,858| |---|---|---|---|---|---|---|---| |Adjustments
for:-|||||||| |Depreciation
charges||||||108,377|112,517| |Write downs ofinvestments|||||||| |Net gains on investment|assets||||||(9,981,326)| |Dividends,
interest and|rents|from investments||||(1,167,722)|(1,300,175)| |Decrease
in stocks||||||150|| |Increase
in debtors||||||(116,724)|| |Decrease
in creditors, excluding|||loans|||(83,695)|| |Net cash used in operating|||activities||a|(1.020,363)|~11187128,| |Analysis ofcash and cash|||equivalents||||| |||||||2020|20'I9| ||||||||8| |Cash
in hand at for the|year|ended 31 December 2020||||408,810|281,126| |Overdralts
facility repayable||on|demand||||(26)| |Total cash and cash|equivalents|||||408,810|281,100| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Tangible fixed assets are measured
at their onginsl cost value, or subsequent
revaluation,
or ifdonated, as described|Tangible fixed assets are measured
at their onginsl cost value, or subsequent
revaluation,
or ifdonated, as described|Tangible fixed assets are measured
at their onginsl cost value, or subsequent
revaluation,
or ifdonated, as described|Tangible fixed assets are measured
at their onginsl cost value, or subsequent
revaluation,
or ifdonated, as described|| |---|---|---|---|---| |above. Cost value includes
all costs expended
in bringing
the asset into its intended
working|condition.|||| |Depreaation
has been provided at the following
rates in order to wnte offthe assets to their|anticipated
residual
value|||ovi| |estimated
useful lives.||||| |Freehold Premises
2 % acquision cost ofPeeple Centre property||||| |Leasehold premises
0 %on investment
property||||| |Fixtures, fittings 8 equipment
20 %Reduang
balance||||| |Investment
properties are included
in the balance sheet at their open market value, Although|this accounting|policy|is|in| |accordance
with the SORP, it is departure
from the general requirement
ofthe Companies|Act 2008for ag tangible||asser|| |be depriciated
In opinion ofthe Trustees compliance
with the standard
is necessary for the|finanaal
statements
to||give|| |a We and fair view. Depreciation
or amorbsation
is only one ofmany factors reflected
in the|annual
valuation|and the||amc| |ofthis which might overwise
have been charged cannot be separately
identified
or qualified.||||| |Accounting
for capital grants and fixed asset funds.||||| |Gifts of tangible fixed assets or grants ofa capital nature, given for the purposes ofacquiring
specific assets||to be|fully|| |utilised
in the furiherance
ofthe objects ofthe charity, are credited to fixed asset funds after|the donated asset has||been|| |received or sums have been properly expended
on the restricted
purpose.||||| |Where the terms ofthe gift require the charity to hold the asset on an ongoing basis fora speafic purpose,
then the||||| |fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restnctions are noted in|||the|| |fixed asset note 8.||||| |Where the terms ofthe gift are met once the asset is acquired, so allowing the charity to use the asset on an||||| |unrestricted
basis, including
the right to receive the proceeds ofany future sale ofthe asset|on an unrestncted|basis,||| |then the fixed asset fund so created is categorised as a designated
fixed asset fund.||||| |When assets are acquired for the furtherance
ofthe charity's objects, utilising
the charity's
own unrestncted
funds,|||a|| |transfer is made from unrestricted
funds to a designated
fixed asset fund||||| |Whether acquired
with unrestricted
or restricted funds, the asset acquired
is initially shown|in the balance sheet at||the|| |full cost of acquisition
or subsequent
revaluation.||||| |As the related assets are depreciated,
in accordance
with the depreciation
policy, in order to|rellect the dimunition
in||the|| |asset,a transfer
is made from the relevant fixed asset funds to either unrestricted
or restricted
revenue funds,||as||| |appropriate
to the terms ofthe original
gift, ifany.||||| |The effect ofthis policy is that the aggregate
of all fixed asset funds shall equate to the net book value offixed||assets.||| |In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent
to the net book value||||of| |the assets.||||| |Any residual
liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent||liability||| |unless the event that would tngger repayment
ofthe grant becomes probable
in which case|a liability for repayment|||is| |recognised||||| ## ## ## ## ## ## ## ## ## ## ## |3|Net su|rplus
|before tax in the financial year||| |---|---|---|---|---|---| |||||2020|2019| |||||6|6| ||The net|surplus|before tax in the financial year is stated after charging:-||| ||Depreciation
of||owned fixed assets|108,377|112,517| ||Pension|costs||11,452|12,519| ||Auditors'|remuneration||12,500|10,000| |4|Interest|payable||2020|2019| |||||6|E| ||Loan interest|||78,691|84,371| ## |Salary costs|||2020|2019| |---|---|---|---|---| |||||6| |Gross Salaries excluding
trustees and key management
personnel|||831,649|890,376| |Employer's
National
insurance
for ail staff|||30,969|42,301| |Employer's
contribution
to defined
benefit pension schemes|||3,467|3,904| |Employer's
operating costs ofdefined contribution|pension schemes||7,985|8,615| |Trustees'
Remuneration
as detailed
in note 0||||| |Total salaries, wages and related costs|||874,070|945,196| |Numbers offull time employees or full time equivalents|||2020|2019| |The average
number oftotal staff employed
in the year was|||53|51| |The average number
of part time staff employed|in the year was||12|11| |The average number of full time staff employed
in the year was|||42|42| |The estimated
full time equivalent
number ofail staff employed||in the year was|47|46| |The estimated
equlvaienl
number offuff time|staff deployed|in different activities in|the year wasi-|| |Engaged an charitable
activities|||37|35| |Engaged
on management
and administration|||10|10| |The estimated
full time equivalent
number of|affstatF employed as above||47|46| |||No||No|| |---|---|---|---|---|---| |Numbers ofsuch staff to whom benefits are accruing:-|||||| |Auto enrolment|pension schemes||43||42| ||||43||42| ## ## ## ||The expenses|reimbursed|reimbursed|to trustees,|to trustees,|to trustees,|or paid directly to|or paid directly to|third|parties,|in the|current or prior|year, was|as|shown below| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||2020||2019| |||||||||||||||6|6| ||The amount
reimbursed|||to|trustees||||||||||254| ||The nature ofthe trustees' expenses||||||was travel, subsistence|||etc.|||||| ||The number of|trestees' to whom||||expenses were||reimbursed||was 2|||||| |7|Deferred income -||Unrestricted||||and Designated||funds||||||| |||||||||||Opening||Released|Received||Deferred| |||||||||||Deferrals||from prior|less released||at year end| |||||||||||||yearn
4|in year
f||| ||Quarterly
Invoices|||||||||115,317|||||101,803| ||Total|||||||||115,317|||||101,803| ||||||||||||||2020||2019| |||||||||||||||6|6| ||These deferrals are included||||in|creditors|||||||101,803||115,317| ||The deferrais included||in creditom|||relate to quarterly||invoices.|||||||| |8|Tangible fixed|assets|||||||||||||| |||||||||||||Fixtues,|||| |||||||||||Land and
Buildings||fittings,
tools and|Motor
Vehicles||Total| |||||||||||||eouioment|||| |||||||||||||2|||| ||Cost||||||||||||||| ||At 1January 2020|||||||||4,205,599||589,136|||4,794,735| ||Additions|||||||||||19,648|||19,648| ||At 31December 2020|||||||||4,205,599||608,784|||4,814,383| ||Depreciation||||||||||||||| ||Transfers
to investments|||Property||||||573,880||475,486|||1,049,366| ||Charge for the year|||||||||84,378||23,999|||108,377| ||At 31 December 2020|||||||||658,258||499,485|||1,157,743| ||yfet book value||||||||||||||| ||At 31December|2020||||||||3,547,341||f09399|||3,656,640| ||At 31 December|2019||||||||3,631,719||113,650|||3,745,369| ## ## ## |||||Investments
subsidiaries|in|Listed
investments|Other Classes
oflnvestmsnt|Total| |---|---|---|---|---|---|---|---|---| ||Carrying values ofinvestments|||||||| ||At I January 2020||||||15,000,000|15,000,000| ||At 31 December 2020||||||15,000,000|15,000,000| ||Analysis
between|fair value and historical|cost|||||| ||Investments
as above held at fair value||||||15,000,000|15,000,000| ||Analysis of Other|Classes ofInvestment||||||| |||||||Included at||| |||||||histoncs1
cost, less|Included at fair
value|Total| |||||||ellis dowll||| ||Summary ofother|classes ofinvestments|at 31|December 2020||||| ||Cash orcash equivalents||||||15,000,000|15,000,000| |11|Stocks &Work in|Progress|||||2020|2019| ||||||||9|9| ||Stocks||||||6,715|6,865| ||||||||6,715|6.865| ## ## ## |12 Debtors||||||||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| |||||||||2| |Trade debtors|||||||86,388|39,100| |Other debtors|||||||85,835|16,399| ||||||||172,223|55,499| |13Creditors: amounts|falling|due within one year|||||2020|2019| ||||||||8|2| |Bank loans and overdrafts||||||||26| |Trade creditors|||||||159,757|193,047| |Accruais|||||||60,740|85,239| |Deferred Income - Unrestricted|||8 designated|funds|||101,803|115,317| |PAYE, NIC VAT and|other taxes||||||40,625|92,196| |Other creditors|||||||76,885|7,192| ||||||||439,810|493,017| |14Creditors: amounts|falling|due after one year|||||2020|2019| ||||||||6|| |Bank loans snd overdrafls|||||||2,387,651|2,418,165| |15 Revaluation
reserve||||||||| ||||||Current year|Current year|Current year|Prior Year| ||||||Unrestricted|Restricted|Total Funds|TotsiFunds| ||||||Funds|Funds||| ||||||2020|2020|2020|2010| ||||||5|2|2|2| |At 1 January
2020|||||7,138,959||7,138,959|7,138,959| |At 31December 2020|||||7,138,959||7,138,959|7,138,959| |16 Income and Expenditure||account summary|||||2020|2019| ||||||||2|6| |At 1January 2020|||||||1,858|| |Surplus for the year|||||||239,251|1,858| |At 31December 2020|||||||241,109|1,858| ## ## ## |At3?December 2020|Unrestricted|Designated|Rsstncted|Total| |---|---|---|---|---| ||funds|funds|funds|Funds| ||E|E|E|E| |Tangible Fixed Assets|(88,729)||3,745,369|3,656,640| |Investments
at valuation:-||||| |Frxad asset investments|15,000,000|||15,000,000| |Current Assets|(1,799,903)||2,387,651|587,748| |Current
Liabilities|(439,810)|||(439,810)| |Long Term Liabilities|(2,387,651)|||(2,387,651)| ||10,283,907||6,133,020|16,416,92?| |At 1January 2020|Unrestricted|Designated|Restricted|Total| ||funds|funds|funds|Funds| ||E|E|E|E| |Tangible Fixed Assets|||3,745,369|3,745,369| |Investments
at valuation-||||| |Fixed asset investments|15,000,000|||15,000,000| |Current Assets|(2,044,162)||2,387,651|343,489| |Current
Liabilities|(493,017)|||(493,017)| ||10,044,656||6,133,020|16,177,676| |18|Change
in|total fun|d|s o|ver|the|year as show|n
in Note 17,anal|ysed
by i|ndiv|idual
funds|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Funds|Movsmsm|in||Funds carried| |||||||||brcu9ht|funds in 2020||Tmnsism|forward to| |||||||||forwani from|||between funds|2021| |||||||||2010|||in 2020|| ||||||||||See Note 19||gee Nots 10|| ||||||||||||2|| ||Unrestricted|and designated||||funds:-||||||| ||Unrestncted|Revenue|Funds|||||6,651,066|239,251|||6,890,317| ||Unrestricted|Revaluation||Reserve||||7,138,959||||7,138,959| ||Total unrestricted
and|||designated|||funds|13,790,025|239,251|||14,029,276| ||Reslricied funds:-|||||||||||| ||Restricted Revaluation|||Reserve||||||||| ||General
fund|||||||2,357,651||||2.357.651| ||Total restricted funds|||||||2,387,651||||2,387,651| ||Total charity|funds||||||10,177,670|239,251|||16,410,927| |19|Analysis ofmovements||||in|funds over the year as shown
in Note 18||||||| |||||||Other|| |---|---|---|---|---|---|---|---| |||||Income|Expenditure|Gains 8|Movement| |||||||Losses|In funds| |||||2020||2020|2020| |||||6||E|E| |Unrestricred|end designated||funds:-||||| |Unrestricted|Revenue Funds|||2,206,440|(1,967,189)||239,251| |Unrestricted|Revaluation|Reserve|||||| ||||||||230,251| ## ## |20|Donations
and|Legacies|Legacies||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Current year|Current year|Current year|Prior|Year| ||||||Unrestricted|Restricted Funds|Total Funds|Total Funds|| ||||||Funds||||| ||||||2020|2020|2020|2019|| ||||||6|2|6|f|| ||Revenue grants from government|||and|public bodies||||| ||Leicersler City Grant||||39,222||39,222||| ||Total public sector revenue grants||||39,222||39,222||| ||Grants receivable|-Coranavirus||Job Retention Scheme|||||| ||Total Grants receivable
Job Retention Scheme||- Coranavirus||358,934||358,934||| ||Total Donations|and|Legacies|A1|398,156||398,156||| |21|Income from charitable
activities -||||Trading Activities||||| ||||||Current year|Current year|Current year|Prior Year|| ||||||Unrestricted|Restricted Funds|Total Funds|Total Funds|| ||||||Funds||||| ||||||2020|2020|2020|2019|| ||||||6||6|6|| ||Primary purpose|and ancillary trading|||||||| ||Arts Council
Funding||||35,000||35,000||6,871| ||Cultural
Recovery|Fund|- 1||129,841||129,841||| ||Charitable
activities|income|||4,772||4,772||| ||Total Primary purpose
trading||and ancillary||169,613||169,613||6,871| ## ## |||||||||Current year|Current year|Current year|Prior|Year| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted|Restricted Funds|Total Funds|TotelFunde|| |||||||||Funds||||| |||||||||2020|2020|2020|2019|| |||||||||9|2|2||| ||Grants Income|||||||||||| ||Big Lottery - Sports|||||||4,800||4,800||| ||Leicester &|Rutland|Fund - 1|||||5,000||5,000||| ||Leicester &|Rutland|Fund - 2|||||I0,000||10,000||| ||Community|Lottery|Grant|||||9,225||9,225||| ||Defra Grant|||||||42,502||42,502||| ||Total Grants Income|||||||111,481||111,481||| ||Total Charitable
income from|||||funders||111,481||111,481||| |23|Total Income from||charitable|||activities||||||| |||||||||Current year|Current year|Current year|Prior|Year| |||||||||Unrestricted|Restricted Funds|Total Funds|Total Funds|| |||||||||Funds||||| |||||||||9||9|2|| |||||||||2020|2020|2020|2019|| ||Total income from charitable||||trading|||169,613||169,613||6,871| ||Total Charitable
income|||from|funders|||111,481||111,481||| ||Total from|charitable||activities|||A2|281,094||281,094||6,871| |24|Income from other,|||trading|||activities|||||| |||||||||2020|2020|2020|2019|| |||||||||Current year|Current year|Current year|Prior|Year| |||||||||Unrestricted||Total Funds|Total Funds|| |||||||||F naris|Restricted Funds|||| |||||||||2020|2020|2020|2019|| |||||||||9||9|9|| ||Trading activities to
charity||raise funds|||for the||359,468||359,468|848,383|| ||Total from|other|activities||||A3|359,468||359,468|848,383|| ## ## |25|Investment|i|ncom|e|||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Current year|Current year|Current year|Prior Year| |||||||||Unrestricted|Restricted Funds|TotalFunds|TotalFunds| |||||||||Funds|||| |||||||||2020|2020|2020|2019| |||||||||f|0|0|0| ||Property Rental||Income|||||1,167,450||1,167,450|1,299,824| ||Bank Interest|Receivable||||||272||272|351| ||Total investment|||income|||A4|1,167,722||1,167,722|1,300,175| |26|Expenditure||on charitable||||activities - Direct spending||||| |||||||||Current year|Current year|Current year|Prior Year| |||||||||Unrestricted|Restricted Funds|Total Funds|Total Funds| |||||||||Funds|||| |||||||||2020|2020|2020|2019| |||||||||2|0|0|0| ||Gross wages
activities||and salaries|||-|charitable|601,341||601,341|612,884| ||Employers'|Nl|- Charitable|||activities||24,148||24,148|33,994| ||Defined contribution
charitable
activities|||pension|||costs-|7,985||7,985|8,615| ||Travel and Subsistence
Activities||||- Charitable||||||3,974| ||Marketing
and
services||advertising|||ofcharitable||2,689||2,689|11,041| ||Rates|||||||4,139||4,139|16,416| ||Direct cost|||||||100,925||100,925|210,669| ||Bad debts||||||||||16,405| ||Light and heat|||||||63,817||63,817|85,078| ||Cleaning|||||||20,285||20,285|13,391| ||Insurance|||||||10,979||10,979|18,097| ||Repairs and|maintenance||||||55,763||55,763|65,447| ||Sundry expenses|||||||2,286||2,286|2,263| ||Total direct|spending|||||62a|894,357||894,357|1,098,274| ## ## |||||Current|year|Current year|Current|year|Prior|Year| |---|---|---|---|---|---|---|---|---|---|---| |||||Unrsstrictsd||Restricted Funds|Totslsunds||ToislFunds|| |||||Funds||||||| |||||2020||2020|2020||2019|| |||||8||6|8||8|| |Software|||||2,752|||2,752||3,817| |Printing,
postage||and stationery|||2,098|||2,098||3,952| |Telephone|||||11,482|||11,482||14,385| |Computer costs|||||4,604|||4,604||4,602| |Equipment|Hire and Leasing||||13,698|||13,698|20,395|| |Subscription|s||||2,398|||2,398||3,557| |Legal & Professional fees|||||1,446|||1,446||| |Security|||||||||28,285|| |Staff training|and|welfare|||739|||739||760| |Hygiene||||||||||9,245| |Equipment
expensed|||||7,449|||7,449||10,331| |Total charitable||trading costs|62b|46,666|||46,666||99,329|| ||||||Current year|Current year|Current year|Prior Year| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted Funds|ToisiFunds|Total Funds| ||||||Funds|||| ||||||2020|2020|2020|2019| ||||||6|8|8|6| |Grants|made|to organisations|||27,681||27,681|37,611| |Costs|relating|to the|award of|grants|179,137||179,137|6,871| |Total|grantmaking||costs|62c|206,818||206,818|44,482| ## ||Breakdown ofGrants made to|Breakdown ofGrants made to|organisations||||| |---|---|---|---|---|---|---|---| |||||Current year|Current year|Current year|Prior Year| |||||Unrestricted|Restricted Funds|Total Funds|TctaiFunds| |||||Funds|||| |||||2020|2020|2020|2019| ||||||E|E|E| ||EMF grants anaiysed|||27,681||27,681|37,611| |||||22 661||27,681|37,611| |29|Support costs for charitable||activities||||| |||||Current year|Current year|Current year|Prior Year| |||||Unrestricted|Restricted Funds|Total Funds|TotaiFunds| |||||Funds|||| |||||2020|2020|2020|2019| |||||E|E|E|E| ||Professional|fees paid to advisors other than the auditor or examiner|||||| ||Accountancy
fees|fees other than audit||||12,500|tO,COO| ||Legalfees|||1,260||1,260|| ||Management|fees|||||50,922| ||Financial costs||||||| ||Bank charges|||8,791||8,791|4,977| ||Loan interest|||78,691||78,691|84,371| ||Depreciation
the period|&Amortisation
in total for||108,377||108,377|112,517| ||Support costs before reallocation|||209,619||209,619|262,787| ||Total support|costs||209,619||209,619|262,787| ## ||Current year|Current year|Current|year|Prior|Year| |---|---|---|---|---|---|---| ||Unrestricted|Restricted Funds|Total Funds||Total Funds|| ||Funds|||||| ||202e|2e20|2e2e||2019|| ||E|E|E||E|| |Auditor's fees|12,500|||12,500||10,000| |Trustees' expenses||||||254| |Total Governance costs|12,500|||12,500||10,254| ## |31|Total|Charitable||expenditure|||||| |---|---|---|---|---|---|---|---|---|---| |||||||Current year|Current year|Current year|Prior Year| |||||||Unrestricted|Restricted Funds|TolalFunds|ToialFunds| |||||||Funds|||| |||||||2020|2020|2020|2019| |||||||s|||| ||Total|direct spending|||B2a|894,357||894,357|1,098,274| ||Total|charitable|trading costs||B2b|46,666||46,666|99,329| ||Total|grantmaking||costs|B2c|206,818||206,818|44,482| ||Total|support costs|||B2d|209,619||209,619|262,787| ||Total|Governance||costs|B2e|12,500||12,500|10,254| ||Total|charitable||expenditure|B2|1,369,960||1,369,960|1,515,126| |Expenditure
on raising fund|s and c|osts o|finvestment
ma|nagement|||| |---|---|---|---|---|---|---|---| ||||Current year|Current year|Current year|Prior|Year| ||||Unrestricted|Restricted Funds|TolalFunds|ToialFunds|| ||||Funds||||| ||||2020|2020|2020|2019|| ||||9|6|s|s|| |Hardware
&software|||5,051||5,051||4,893| |I egal fees|||6,527||6,527||10,100| |Book-keeping fees|||18,100||18,100||16,602| |Travel expenses|||1,051||1,051||1,754| |Movement
in stock for non|primary||||||64| |purpose
trading|||||||| |Property
repairs and maintenance
non charitable
property||for|54,109||54,109||81,981| |Light &heat|||71,113||71,113||94,156| |Rates|||52,257||52,257||55,715| |Insurances|||22,725||22,725||19,046| |Other premises costs|||2,451||2,451||2,733| |Phone & broadband|||6,699||6,699||11,370| |Fund Raising cost|||||||21,520| |Gross wages and salaries - fundraising|||230,308||230,308|277,492|| |Employers'
Nl - fundraising|activities||6,821||6,821||8,307| |Defined benefit pension costs-
fundraising
activities|||3,467||3,467||3,904| |Cleaning|||25,659||25,659||26,121| |Stationery and printing|||572||572||242| |Bad debts|||85,796||85,796||| |Staff training
and welfare|||4,523||4,523||2,445| |Total fundraising
costs||B1|597,229||597,229|638,445|| ## ||||||||SOFA ref||||2020|2019| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||8|| ||Activity|||||||||||| ||income from charitable|||activities||||||||| ||Investment|activities|||||||||281,094|| ||Other income resources|||||||||||6,871| ||Total Income from charitable||||activities||A2||||281,094|6,871| ||Summary|ofTotal income,|||including||the items above|||||| ||Chantable|activities|||||A2||||281,094|6,871| ||Other activities||||||A3||||359,468|848,383| ||Donations|&Legacies|||||Al||||398,156|| ||Investment|income|||||A4||||1,167,722|1,300,175| ||Total income as shown|||in the|SOFA||||||2,206,440|2,155,429| |34|Analysis|ofcharitable||expenditure||by activity||||||| ||Actlvar|||||||||||| ||||||||Direct costs|Support|Grant|||| |||||||||coals|funding|of|Total|Total| ||||||||||activities|||| ||||||||2020|2020|2020||2020|2019| ||||||||8|6|6||6|8| ||Investment|seri vi|ties|||||||||| ||Charitable|trading|costs|||||||||| ||Professional
fees|||||||13,760|||13,760|10,000| ||Financial costs|||||||163,394|||163,394|196,888| ||Total Investment||activities|||||||||| |||||||||177,154|||177,154|206,888| ## ## |ivity analy|sis|of Income and e|xpen|diture
for the fo|r the year en|ded 31D|ece|mber 2020|| |---|---|---|---|---|---|---|---|---|---| |||||Direct costs|Support|Grant|||| ||||||coats|funding|of|Total|Total| |||||||actnnties|||| |||||2020|2020|2020||2020|2019| ||||||6|6||8|6| |Charllable|activities||||||||| |Direct costs||||894,357||||894,357|764,364| |Charitable|trading costs|||46,666||||46,666|98,539| |Amorlisation|and|Loan Interest costs|||32,465|||32,465|(99,654)| |Grants paid||||||206,818||206,818|43,455| |Total Charitable||activities||941,023|32,465|206,818||1,180,306|806,704| |Summary|ofcharitable costs by||||||||| |activity|||||||||| |||||Direct costs|Support|Grant|||| ||||||Costs|funding|of|Total|Total| |||||||activities|||| |||||2020|2020|2020||2020|2019| |||||8|2|8||8|6| |Total Investment||accvities|||177,154|||177,154|206,888| |Total Charitable||activities||941,023|32,465|206,818||1,180,306|806,704| |Total Governance||costs as detailed|in||||||| |Note 30|||||12,500|||12,500|10,254| |Total charitable||expenditure||941,023|222,119|206,818||1,369,960|1,023,846| |||||Governance|Finance|Human|Other|Total| |---|---|---|---|---|---|---|---|---| |Activity||||||Resources|Overheads|| |Investment|activities||||163,394||13,760|177,154| |Charitable|activities|||12,500|32,465|||44,965| |Grand Total||||12,500|195,859||13,760|222,119| |Summary|ofgrant making||by activity|||||| |||||Grants to
institutioiis|Grants to
individuals|Support
Costs|Total|Total| |||||2020|2020|2020|2020|2019| |||||8|6|6|8|k| |Charitable|activities|||||||2,800| |Choice International||||4,500||||| |Diversity|Grant|||||||1,000| |Peepul Delhi||||21,139||||33,811| |Neelam Story Mental||Health|Vodeo|500||||| |Peepui Kathmandu||||1,542||||| |||||27,681||||37,611| ## |Activity||||||| |---|---|---|---|---|---|---| |Fundraising|activities||||Fundraising
activities|Fundraising
activities| ||||||2020|2019| ||||||6|6| |Direct fundraising||costs|||597,229|638,445| |Governance|cosrs||||Governance
Costs|Governance
COStS| ||||||2020|2019| ||||||I|6| |Other Expenditure
-||Governance costs as detailed||in Note 30|12,500|10,254| |Total non charitable||expenditure|||2020|2019| ||||||6|8| |Total costs of|Fundraising||activities||597,229|638,445| |Total non charitable||expenditure|||597,229|638A45| |2020|2019| |---|---| |8|5| |6,715|6,865|