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## 

|Reports||
|---|---|
|Referenceandadministrativedetailsofthe||
|charity,itstrusteesandadvisers|1|
|Trustees'report|2|
|Independentauditor'sreport|7|



|FinancialStatements||
|---|---|
|Statementoffinancialactivities|11|
|Balancesheet|12|
|Statementofcashflows|13|
|Principalaccountingpolicies|14|
|Notestothefinancialstatements|17|
|Appendix(GenesisKickstartFund)|21|





## 

|Trustees|JohnStudzinskiCBE|
|---|---|
||JoyBrowne|
||MsgrVladimirFelzmann|
||DavidLan|
|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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## 



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## 







|||Restricted|Unrestricted|||
|---|---|---|---|---|---|
||Notes|2022|2022|2022|2021|
|||£|£|£||
|Incomeandexpenditure||||||
|Income:||||||
|Donationsandlegacies|1|52,101|1,432,256|1,484,358|1,655,436|
|Interestreceivable|||515|515|34|
|Totalincome||52,101|1,432,772|1,484,873|1,655,470|
|Expenditureon:||||||
|Charitableactivities||||||
|.GrantstotheGenesisFoundation|2||281,612|281,612|319,796|
|.Othergrantspayable|2||1,152,377|1,152,377|1,451,950|
|.Supportcosts|3||31,227|31,227|29,304|
|Totalexpenditure|2||1,465,216|1,465,216|1,801,050|
|Netincome(expenditure)andnetmovementin|4|||||
|funds||52,101|(32,444)|19,657|(145,580)|
|Reconciliationoffunds:||||||
|Fundbalancesbroughtforwardat1January|||50,809|50,809|196,389|
|Fundbalancescarriedforwardat31December||52,101|18,365|70,466|50,809|





|||2022|2021|
|---|---|---|---|
||Notes|£|£|
|Currentassets:||||
|Debtors|7|79,056|75,975|
|Cashatbank||99,142|194,904|
|Totalcurrentassets||178,198|270,879|
|Liabilities:||||
|Creditors:amountsfallingduewithinoneyear|8|(107,732)|(220,070)|
|Netcurrentassets||70,466|50,809|
|Thefundsofthecharity:||||
|Capitalandfunds||||
|Calledupsharecapital|10|100|100|
|Incomefunds||||
|Restrictedfunds|13|52,101||
|Unrestrictedfunds||||
|.Generalfund||18,365|50,709|
|Totalcharityfunds||70,466|50,809|






## 

|||2022|2021|
|---|---|---|---|
||Notes|£|£|
|Cashflowsusedinoperatingactivities:||||
|Netcashusedinoperatingactivities|A|(96,277)|(947)|
|Netcashfrominvestingactivities||||
|Interestreceivable||515|34|
|Netcashprovidedbyinvestingactivities||515|34|
|Changeincashandcashequivalentsintheyear||(95,762)|(913)|
|Cashandcashequivalentsat1January|B|194,904|195,817|
|Cashandcashequivalentsat31December|B|99,142|194,904|



|||2022|2021|
|---|---|---|---|
|||£|£|
||Netincome(expenditure)asperthestatementoffinancialactivities|19,657|(145,580)|
||Adjustmentsfor:|||
||Interestreceivable|(515)|(34)|
||Increaseindebtors|(3,081)|(20,230)|
||(Decrease)increaseincreditors|(112,338)|164,897|
||Netcashusedinoperatingactivities|(96,277)|(947)|
|B|Analysisofcashandnetdebt|||
|||2022|2021|
|||£|£|
||Cashatbankandinhand|99,142|194,904|
||Totalcashandcashequivalents|99,142|194,904|





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## 



## 

|Donations|||
|---|---|---|
||2022|2021|
||`£`|`£`|
|Donationsfrom:|||
|.Foundertrustee(note12)|1,431,717|1,654,316|
|.Otherdonations|52,641|1,120|
|2022Totalfunds|1,484,358|1,655,436|



## 

|Grantspayable|||
|---|---|---|
||Unrestricted||
||2022|2021|
||`£`|`£`|
|GenesisFoundation|||
|GrantstotheGenesisFoundation|281,612|319,796|
|GrantsinsupportoftheGenesisFoundation|||
|.GenesisKickstartFund(seeAppendix)|360,000|640,000|
|.YoungVic|143,000|63,250|
|.National Theatre|100,000|125,000|
|.TheSixteen—GenesisSixteen|155,000|195,000|
|.AlmeidaTheatre||43,000|
|.CathedralMusicTrust|12,500|25,000|
|.JewishBookWeek|50,000|37,500|
|.DurhamCathedral||10,000|
|.GenesisPrize|15,000||
|.Musiccommissions|87,760|44,700|
||923,260|1,183,450|
|TotalgrantsinsupportofGenesisFoundation(c/ftopage18)|1,204,872|1,503,246|





## 

|Grantspayable(continued)|||
|---|---|---|
||Unrestricted||
||2022|2021|
||£|£|
|GrantsinssupportofGenesisFoundation(b/ffrompage17)|1,204,872|1,503,246|
|Othergrants|||
|Communitydevelopment|||
|Passage2000|25,000|25,000|
|StJudeIndiaChildCentre|10,200|6,000|
|OrderofMaltaVolunteers|25,000|-|
||60,200|31,000|
|TheArts|||
|BrittenPearsArts|-|10,000|
|CathedralMusicTrust|-|1,000|
|GoodChanceTheatre|—|90,000|
|LondonMusicFund|12,000|25,000|
|ResponsibleInfluenceinArts&Culture|25,000|-|
|SerpentineGalleries|16,667|-|
||53,667|126,000|
|Currentaffairs|||
|RoyalInstituteofInternationalAffairs|-|75,000|
|||75,000|
|Religion|||
|GalileoFoundation|—|10,000|
|HMTowerofLondonChapelsRoyalFoundation|3,000||
|Queen'sChoralFoundation|3,000||
||6,000|10,000|
|Other|||
|RidingfortheDisabledAssociation|69,250|26,500|
|InterMediate|25,000|—|
|RoyalFoundationofthePrince&PrincessofWales|15,000|-|
||109,250|26,500|
|Total—Other grants|229,117|268,500|
|Total—Allgrants|1,433,989|1,771,746|
|Governancecosts(seenote3)|31,227|29,304|
|Total|1,465,216|1,801,050|



## 

|Governance|||
|---|---|---|
||Unrestricted||
||2022|2021|
||Total|Total|
||funds|funds|
||£|£|
|Professionalfees|29,602|27,854|
|Othercosts|1,625|1,450|
|Totalfunds|31,227|29,304|





## 

|Netincome(expenditure)<br>Thisisstatedaftercharging:|||
|---|---|---|
||2022|2021|
||Total|Total|
||funds|funds|
||`£`|`£`|
|Auditor'sremuneration(includingVAT)|||
|.Statutoryauditservices|16,364|16,950|
|.Otherservices|11,840|6,932|



## 

## 

## 

|Debtors|||
|---|---|---|
||2022|2021|
||`£`|`£`|
|Taxationrecoverableongiftaiddonations|64,631|61,250|
|GenesisAmericaInc.|14,325|14,325|
|Unpaidsharecapital|100|100|
|Otherdebtors|-|300|
||79,056|75,975|



||2022|2021|
|---|---|---|
||`£`|`£`|
|Accrualsandothercreditors|23,492|31,070|
|Approvedprojectsandgrants|84,240|189,000|
||107,732|220,070|



## 

||2022|2021|
|---|---|---|
||`£`|`£`|
|GenesisFoundation|||
|.Payablewithinoneyear|394,167|708,000|
|.Payablebetweentwoandfiveyears|196,666|80,000|
||590,833|788,000|





## 

## 

|||Authorised||Allottedand|calledup|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||£|£|£|£|
|Ordinarysharesof£1|each|100|100|100|100|



## 

## 

## 

||||||||At|
|---|---|---|---|---|---|---|---|
|||||At|||31|
||||1|January|||December|
|||||2022|Income|Expenditure|2022|
|||||£|£|£|£|
|Genesis|Theatre|Design||—|52,101||52,101|
|Programme|Fund|||||||
|||||—|52,101||52,101|