2020-12-31-accounts

Trustees		Katrin Kandel Burke-Smith	Katrin Kandel Burke-Smith
		Simon Fennell (Chairman)
		Niall Kirkpatrick
		Peter Scheli
		Charles Schrager
		Norma Timoney
		Tolga Uzuner
		Michael Chan
		Christopher Forrest
		Anil Patel			(Appointed	19March
					2020)
Charity number		1092772
Company	number	04427304
Principal address		Suite 5, Bank Chambers
		567 Fulham Road
		London
		SW6 1ES
Registered	office	Suite 5, Bank Chambers
		567 Fulham Road
		London
		SW6 1ES
Auditor		Georgiades Charalambou		&Co LLP
		283 Green Lanes
		Palmers Green
		London
		N13 4XS
Bankers		CAF Bank Limited
		25 Kingshill Avenue
		Kingskill
		Kent
		ME194JQ
		Barclays Bank UK	Pic
		1 Churchill Place
		London
		E145HP
		Metro Bank Pic
		One Southampton	Row
		London
		WC1B5HA

		Page
Trustees' report		1-12
Independent auditor's	report	13-16
Statement offinancial	activities	17
Balance sheet		18
Statement ofcash flows		19
Notes to the financial	statements	20-30

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2020 f	2020	2020f	2019	2019	2019
Income from:
Donations and legacies		3	357,S91	189,947	547,838	494,006	128,000	622,006
investments		4	379		379	728		728
Total income			358,270	189,947	548,217	494,734	128,000	622,734
~E* dit
Raising funds		5	86,757		86,757	87,260		87,260
Charitable activities		6	331,523	80,912	412,435	516,439	50,536	566,975
Total resources
expended			418,280	80,912	499,192	603,699	50,536	654,235
Net (expenditure)/income
for the year/
Net movement	in funds		(60,010)	109,035	49,025	(108,965)	77,464	(31,501)
Fund balances at 1
November 2019			468,015	77,464	545,479	576,980		576,980
Fund balances	at 31
December 2020			408,005	186,499	594,504	468,015	77,464	545,479

					2020	2019
			Notes		6	f
Fixed assets
Tangible assets					1,203		2,185
Current assets
Debtors			12		11,066	19,263
Cash at bank and in	hand			606,935		554,008
				618,001		573,271
Creditors: amounts	falling due within
one year			13		(24,700)	(29,977)
Net current assets					593,301		543,294
Total assets less current liabilities					594,504		545,479
Income funds
Restricted funds			14		186,499		77,464
Unrestricted funds
Designated funds			15	175,000		175,000
General unrestricted	funds			233,005		293,015
					408,005		468,015
					594,504		545,479
The financial statements		were approved	by the Trustees	on	....5..l..G.f...cL)
					C
(Ijftu 77 /~// Simon Fennell~(i Trustee		an)	Niall Kir Trustee		atrick

						2020		2019
					Notes	6
Cash flows from operating			activities
Cash generated		from operations			21		53,159		28,085
Investing	activities
Purchase	oftangible fixed assets					(1,061)		(1,432)
Proceeds	on disposal oftangible			fixed
assets						450
Investment	income received					379		728
Net cash	used	in investing	activities				(232)		(704)
Net cash	used	in financing	activities
Net increase in		cash and cash		equivalents			52,927		27,381
Cash and	cash	equivalents	at beginning		of Period		554,008		526,627
Cash and	cash	equivalents	at end of		Period		606,935		554,008

Donations	and legaci	es
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
		E	E	E	F
Donations	and gifts	130,686	189,947	320,633	139,939	128,000	267,939
Legacies receivable					35,329		35,329
Government	grants	10,000		10,000
Donated goods and
sendces		217,205		217,205	318,738		318,738
		357,891	189,947	547,838	494,006	128,000	622,006

					Unrestricted	Unrestricted
					funds	funds
					2020	2019
					E	E
Interest receivable					379	728
Raising funds
					Unrestricted	Total
					funds
					2020	2019
					E	E
Fundraisin		and	ublicit
Activities	undertaken			directly	60,253	59,645
Share of	support		costs		26,504	27,615
Fundraising		and publicity			86,757	87,260

			2020	2019
Training programme			237,916	305,553
Fellowship	costs		68,502	150,963
			306,418	456,516
Share ofsupport costs (see note 7)			76,118	82,486
Share ofgovernance		costs (see note 7)	29,899	27,973
			412,435	566,975
Analysis by fund
Unrestricted	funds		331,523	516,439
Restricted	funds		80,912	50,536
			412,435	566,975
For the Period ended		31 October 2019
Unrestricted	funds		516,439
Restncted	funds		50,536
			566,975

Support	cos	ts
			Support	Governance	2020	2019	Basis ofallocation
			costs	costs
				8
Staff costs			66,785	3,515	70,300	81,203	Staff time
Office overheads			28,362	1,493	29,855	27,332	Usage
Audit fees				6,900	6,900	6,000	Governance
Legal and	professional						Governance
fees				1,080	1,080	716
Accountancy		fees		22,507	22,507	22,301	Governance
Trustee costs				1,879	1,879	522	Governance
			95,147	37,374	132,521	138,074
Analysed	between
Fundraising			19,029	7,475	26,504	27,615
Charitable	activities		76,118	29,899	106,017	110,459
			95,147	37,374	132,521	138,074

Governance costs includes pay	ments to the auditors ofL6,900(2019:audito	rs 66,000)for audit	fees.
Net movement in funds		2020	2019
		8
Net movement in funds is stated	after charging/(crediting)
Fees payable to the company's	auditor for the audit ofthe company's
financial statements		6,900	6,000
Depreciation of owned tangible	fixed assets	1,594	2,902
Operating lease charges		25,940	25,554

The average	monthl	y number ofemployees during th	e Period was:
			2020	2019
			Number	Number
Admin
Employment	costs		2020	2019
			6	F
Wages and salaries			68,716	70,951
Other pension	costs		1,584	1,138
			70,300	72,089
Other employm	ent	costs		8,694

Tangible fixed assets
		Fixtures and	Computers	Total
		fittings
Cost
At 1 November 2019		10,416	16,818	27,234
Additions			1,061	1,061
Disposals			(600)	(600)
At 31 December 2020		10,416	17,279	27,695
Depreciation and impairment
At 1 November 2019		10,060	14,988	25,048
Depreciation charged	in the Period	139	1,455	1,594
Eliminated in respect ofdisposals			(150)	(150)
At 31 December 2020		10,199	16,293	26,492
Carrying amount
At 31 December 2020		217	986	1,203
At 31 October 2019		356	1,829	2,185

Debtors
	2020	2019
Amounts falling due within one year:	6
Other debtors	7,595	2,188
Prepayments	3,471	17,075
	11,066	19,263

Creditors: amounts falling due within one year
	2020	2019
		6
Other taxation and social security	1,273	3,129
Trade creditors	950	701
Other creditors	70	13
Accruals	22,407	26,134
	24,700	29,977

	Movement	in funds		Movement	Movement	in funds
	Incoming	Resources	Balance at	Incoming	Resources		Transfers	Balance at
	resources	expended	1 November	resources	expended			31 December
			2019					2020
			6					8
Fellowship
Programme	166,884	(89,420)	77,464	116,941	(167,906)			26,499
Centres of
Excellence				150,000			(20,000)	130,000
RCS
Accreditaion
Project				10,000			20,000	30,000
	166,884	(89,420)	77,464	276,941	(167,906)			186,499

						Movement		Movement
						in funds		in funds
					Balance at	Incoming	Balance at	Incomms	Balance at
					1 November	resources	1 November	resources	21 December
					2010		2019		2020
					6		6
	Designated	funds			175,000		175,000		175,000
					175,000		175,000		175,000
16	Analysis of net assets between			funds
					General	Designated	Restricted	Total	Total
					funds	funds	funds
					2020	2020	2020	2020	2019
					6	f	6	6	6
	Fund balances at 31		December
	2020 are represented		by:
	Tangible assets				1,203			1,203	2,185
	Current assets/(liabilities)				231,802	175,000	186,499	593,301	543,294
					233,005	175,000	186,499	594,504	545,479

			2020	2019
			6	6
Within	one	year	13,480	3,290

	The Charity is ultimately	controlled	by the members.	by the members.	by the members.
21	Cash generated from	operations					2020	2019
							6	F
	Surplus/(deficit) for the	Period					49,025	(31,501)
	Adjustments for:
	Investment income recognised in statement				offinancial	activities	(379)	(728)
	Depreciation and impairment oftangible			fixed assets			1,593	2,901
	Movements in working	capital:
	Decrease in debtors						8,197	42,618
	(Decrease)/increase in	creditors					(5,277)	14,795
	Cash generated from	operations					53,159	28,085
22	Analysis ofchanges	in net funds
	The charity had no debt during the		year.