2022-03-31-accounts

Pages		Trustees' Report
		Independent Examiner's	Report
		Statement of Financial	Activities
	10	Balance Sheet
		Notes to the Financial Statements

				Unrestricted	Unrestricted	Restricted	Restricted		Total	Unrestricted	Unrestricted	Restricted	Restricted	Total
			Note		Funds		Funds		2022		Funds		Funds	2021
							F.
Income:
Donations and
legacies					90,985		24,390		115,375		130,774		12,739	143,513
Income from
charitable
activities					16,408				16,408		19,548			19,548
Income from
investments					41				41		49			49
Other income-
Coronavirus	Job
Retention
Scheme grant											14,061			14,061
Total income					107,434		24,390		131,824		164,432		12,739	177,171
Expenditure	on:
Raising funds					7,640				7,640		23,729			23,729
Charitable
activities					117,739		18,890		136,629		110,859		16,239	127,098
Total
Expenditure					125,379		18,890		144,269		134,588		16,239	150,827
Net income
i(expenditure)					(17,945)		5,500		(12,445)		29,844		(3,500)	26,344
Reconciliation		of	Funds
Total funds
brought forward					100,910		1,000		101,910		71,066		4,500	75,566
Totalfunds
carried forward				F	82,965	E	6,500	2	89,465	Z	100,910	8	1,000 8	101,910

THE FORGIVENESS PR	OJECT
		Company		registered		number:		5042288
BALANCE SHEETAT 31 MARCH 2022
		Note		2022				2021
				R
FIXEDASSETS
Tangible assets								3,479
CURRENT ASSETS
Debtors		9	18,573					15,250
Cash at bank and in hand			98,752					117,717
			117,325					132,967
CREDITORS: Amounts	falling due within one
year		10	(27,860)					(34,536)
NET CURRENT ASSETS					89,465			98,431
NETASSETS					89,465		8	101,910
RESERVES
Unrestricted funds					82,965			100,910
Restricted funds					6,500			1,000
				R	89,465		8	101,910

			Unrestricted	Restricted	Restricted	Total	Total
			Funds		Funds	2022	2021
			R			R
Westminster Foundation
Donations received in the year			18,412			18,412	3,261
Add: Deferred income brought		forward			11,390	11,390	20,868
Less: Deferred income cerned		forward					(11,390)
			18,412		11,390	29,802	12,739
Anonymous					5,000	5,000	6,000
Guerrand-Hermes	Foundation	for
Peace					8,000	8,000
Other donations	and gifts		72,573			72,573	124,774
			90,985	f.	24,390 8	115,375 8	143,513

			Unrestricted	Restricted	Restricted			Total			Total
			Funds	Funds				2022			2021
					f.
	Annual	lecture and events	14,926				14,926			16,535
	RESTORE fees										2,212
	Merchandise		1,482					1,482			801
			16,408	F	-	E	16,408		8	19,548
	All the	income for 2021 above was unrestricted.
4.	INCOME FROM INVESTMENTS
			Unrestricted	Restricted				Total			Total
			Funds	Funds				2022			2021
					R
	Bank interest receivable							41
			41				f.	41		8	4g
	All the	income for 2021 above was unrestricted.
5.	EXPENDITURE ON RAISING FUNDS

EXPENDIT	URE ON RAISING FUNDS
		Unrestricted	Restricted		Total		Total
		Funds	Funds		2022		2021
Fundraising	expenses						11
Fundraising Fundraiser's	(%ofcore salary costs) fees	5,462 2,178			5,462 2,178		23,568 150
		7,640		F	7,640	E	23,729

6.	EXPENDITURE	ON CHARITA	BLE ACTIVITI	BLE ACTIVITI	ES	ES
			Unrestricted		Restricted		Total	Unrestricted		Restricted		Total
				Funds f		Funds f	2022		Funds		Fundsf	2021
	Transformational	Models		35,629			35,629		1,282		3,500	4,782
	Education			4,282			4,282		200			200
	Community outreach			17,618		5,000	22,618		10,809			10,809
	Digital Presence			8,237			8,237		14,135			14,135
	Core activities			49,920		13,890	63,810		82,476		12,739	95,215
	Governance costs			2,053			2,053		1,957			1,957
			f	117,739	f	18,890 f	136,629	f	110,859	f	16,239 f	127,098
7.	GOVERNANCE COSTS

GOVERNANCE	COSTS
		Unrestricted	Restricted			Total		Total
		Funds	Funds			2022		2021
								E
Accountancy		2,040				2,040		1,944
Other governance	costs	13				13		13
		2,053	f	—	f	2,053	2	1,957

8.	TANGIBLE FIXEDASSETS
			Furniture
		The FWord	Fittings &
		Exhibition	Equipment		Total
	Cost
	At 1 April 2021	44,604	10,254		54,858
	At 31 March 2022	44,604	10,254		54,858
	Depreciation
	At 1 April 2021	41,125	10,254		51,379
	For the year	3,479			3,479
	At 31 March 2022	44,604	10,254		54,858
	Net BookAmounts
	At 31 March 2022
	At 31March 2021	3479			3,479
9.	DEBTORS		2022		2021
	Trade debtors		9,950		572
	Other debtors		6,865		8,929
	Prepayments		1,758		5,749
			18573	8	15250

10.	CREDITORS: A	MOUNTS	FALLING DUE WITHIN ONE YEAR
						2022		2021
						f
	Trade creditors				2,160			245
	Accruals and deferred income				25,700			34,291
				f	27,860		f	34,536
11.	ANALYSIS OF NETASSETS BETWEEN FUNDS
			Unrestricted		Restricted			Total
				Funds		Funds		Total
						K		R
	Fund Balances	at 31 March 2022 are
	represented by
	Current assets		110,825			6,500		117,325
	Current liabilities		(27,860)			-		(27,860)
	Total Net Assets			82,965	f	6,500f		89,465
	Fund Balances	at31Nlarch 2021 were
	represented by
	Tangible fixed assets			3,479				3,479
	Current assets		f3l,967			'f,000		'f32,967
	Current liabilities		(34,536)					(34,536)
	Total Net Assets		100,910		8	1,000 l'		101,910
12.	NET EXPENDITURE
						2022f		2021
	Net expenditure	is stated	after charging:
	Operating leases	- office	rent					17,102
	Independent examiner's fees				2,040			1,944
	Depreciation				3,479			4,396
	Staff costs (note	13)			72,081			86,919

Staff costs during the year amounted	to:	2022		2021
Wages and salaries		71,767		87,039
Social security costs		2,550		2,972
Other pension costs		2,764		2,908
		77,081	8	86,919