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|Reports|Reports|
|---|---|
|Referenceandadministrativedetailsofthe||
|charity,itstrusteesandadvisers|1|
|Trustees'report|2|
|Independentauditor'sreport|7|
|FinancialStatements||
|Statementoffinancialactivities|11|
|Balancesheet|12|
|Statementofcashflows|13|
|Principalaccountingpolicies|14|
|Notestothefinancialstatements|17|





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|Trustees|JoyBrowne|
|---|---|
||MsgrVladimirFelzmann|
||JohnStudzinskiCBE|
|Companysecretary|JoyBrowne|
|Registeredoffice|130WoodStreet|
||London|
||EC2V6DL|
|Companyregistrationnumber|05095072(EnglandandWales)|
|Charityregistrationnumber|1103351|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Bankers|HSBCPrivateBank(UK)Limited|
||78StJames'sStreet|
||London|
||SW1A1JB|
|Solicitors|CharlesRussellSpeechlys|
||5FleetPlace|
||London|
||EC4M7RD|





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**----- Start of picture text -----**<br>
John Studzinski<br>**----- End of picture text -----**<br>




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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||2021|2020|
||Notes|£|£|
|Incomeandexpenditure||||
|Income:||||
|Donationsandlegacies|1|1,655,436|1,332,191|
|Interestreceivable||34|243|
|Totalincome||1,655,470|1,332,434|
|Expenditureon:||||
|Charitableactivities||||
|.GrantstotheGenesisFoundation||319,796|230,390|
|.Othergrantspayable||1,451,950|128,500|
|.Supportcosts||29,304|22,376|
|Totalexpenditure|2|1,801,050|381,266|
|Net(expenditure)incomeandnetmovementinfunds|4|(145,580)|951,168|
|Reconciliationoffunds:||||
|Fundbalancesbroughtforwardat1January||196,389|(754,779)|
|Fundbalancescarriedforwardat31December||50,809|196,389|






**----- Start of picture text -----**<br>
John Studzinski<br>**----- End of picture text -----**<br>




## 

|||2021|2020|
|---|---|---|---|
||Notes|£|£|
|Cashflows(usedin)providedbyoperatingactivities:||||
|Netcash(usedin)providedbyprovidedbyoperatingactivities|A|(947)|186,696|
|Interestreceivable||34|243|
|Netcashprovidedbyinvestingactivities||34|243|
|Changeincashandcashequivalentsintheyear||(913)|186,939|
|Cashandcashequivalentsat1January|B|195,817|8,878|
|Cashandcashequivalentsat31December|B|194,904|195,817|



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||2021|2020|
|---|---|---|
||£|£|
|Net(expenditure)income(asperthestatementoffinancialactivities)|(145,580)|951,168|
|Adjustmentsfor:|||
|Interestreceivable|(34)|(243)|
|(Increase)decreaseindebtors|(20,230)|29,385|
|Increase(decrease)increditors|164,897|(793,614)|
|Netcash(usedin)providedbyoperatingactivities|(947)|186,696|



|B|Analysisofnetdeb|||
|---|---|---|---|
|||2021|2020|
|||£|£|
||Cashatbankandinhand|194,904|195,817|
||Totalcashandcashequivalents|194,904|195,817|





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## 

|Donations|||
|---|---|---|
||Unrestricted||
||2021|2020|
||`£`|`£`|
|Donationsfrom:|||
|.Foundertrustee(note12)|1,654,316|1,331,147|
|.Otherdonations|1,120|1,044|
|2021Totalfunds|1,655,436|1,332,191|



## 

|Grantspayable|||
|---|---|---|
||Unrestricted||
||2021|2020|
||`£`|`£`|
|GenesisFoundation|||
|GrantstotheGenesisFoundation|319,796|230,390|
|GrantsinsupportoftheGenesisFoundation|||
|.GenesisKickstartFund(seeAppendix)|640,000||
|.YoungVic|63,250|78,750|
|.NationalTheatre|125,000|75,000|
|.TheSixteen—GenesisSixteen|195,000|155,000|
|.AlmeidaTheatre|43,000|43,000|
|.CathedralMusicTrust|25,000|10,000|
|.JewishBookWeek|37,500||
|.DurhamCathedral|10,000||
|.GenesisPrize||25,000|
|.Musiccommissions|44,700|17,500|
||1,183,450|404,250|
|Covid-19grants|||
|.Almeida||20,000|
|.LAMDA||15,000|
|.NationalTheatre||20,000|
|.TheSixteen||20,000|
|.YoungVic||20,000|
|.Others||5,000|
|||100,000|
|Othergrantstoorganisations—otherlessthan£10,000||25,000|
||1,183,450|529,250|
|Cancelledorreturnedgrants|||
|.RoyalCollegeofArts||(400,000)|
|.LAMDA||(750)|
|||(400,750)|
|Netgrantstoorganisations|1,183,450|128,500|
|TotalGenesisFoundation|1,503,246|358,890|





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## 

|Grantspayable(continued)|||
|---|---|---|
||Unrestricted||
||2021|2020|
||£|£|
|Othergrants|||
|Communitydevelopment|||
|Passage2000|25,000||
|StJudeIndiaChildCentre|6,000||
||31,000||
|TheArts|||
|BrittenPearsArts|10,000||
|CathedralMusicTrust|1,000||
|GoodChanceTheatre|90,000||
|LondonMusicFund|25,000||
||126,000||
|Currentaffairs|||
|RoyalInstituteofInternationalAffairs|75,000||
||75,000||
|Religion|||
|GalileoFoundation|10,000||
||10,000||
|Other|||
|RidingfortheDisabledAssociation|26,500||
||26,500||
|Total—Othergrants|268,500||
|Total—Allgrants|1,771,746|358,890|
|Governancecosts(seenote3)|29,304|22,376|
|Total|1,801,050|381,266|





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## 

|3|Governance|||
|---|---|---|---|
|||Unrestricted||
|||2021|2020|
|||Total|Total|
|||funds|funds|
|||`£`|`£`|
||Professionalfees|27,854|18,966|
||Othercosts|1,450|3,410|
||2021Totalfunds|29,304|22,376|
|4|Net(expenditure)income|||
||Thisisstatedaftercharging:|||
|||2021|2020|
|||Total|Total|
|||funds|funds|
|||`£`|`£`|
||Auditor'sremuneration(includingVAT)|||
||.Statutoryauditservices—currentyear|15,000|12,730|
||.Prioryearunderprovision|1,950||
||.Otherservices|6,932|6,236|



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|7|Debtors|||
|---|---|---|---|
|||2021|2020|
|||`£`|`£`|
||Taxationrecoverableongiftaiddonations|61,250|55,645|
||GenesisAmericaInc.|14,325|—|
||Unpaidsharecapital|100|100|
||Otherdebtors|300|-|
|||75,975|55,745|
|8|Creditors:amountsfallingduewithinoneyear|||
|||2021|2020|
|||`£`|`£`|
||Accrualsandothercreditors|31,070|15,173|
||Approvedprojectsandgrants|189,000|40,000|
|||220,070|55,173|





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||2021|2020|
|---|---|---|
||`£`|`£`|
|GenesisFoundation|||
|.Payablewithinoneyear|708,000|1,652,750|
|.Payablebetweentwoandfiveyears|80,000|296,750|
||788,000|1,949,500|



## 

|||Authorised||Allottedand|calledup|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||`£`|`£`|`£`|`£`|
|Ordinarysharesof£1|each|100|100|100|100|



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