| Page | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | 1-3 | |
| Independent examiner's report to the |
trustees | ||||
| Statement of financial activities |
(including | income and | |||
| expenditure account) |
|||||
| Statement of financial position |
|||||
| Notes to the financial statements |
| Registered | charity | name | name | The Independent | Film Trust | |
|---|---|---|---|---|---|---|
| Charity registration | number | 1105749 | ||||
| Company | registration | number | 05159589 | |||
| Principal office and | registered | International House |
||||
| office | 6th Floor | |||||
| Canterbury Crescent |
||||||
| London | ||||||
| SW9 7QE | ||||||
| England | ||||||
| The trustees | ||||||
| David Jobanputra | ||||||
| Lydia Agbobidi | ||||||
| Paul Thomas Flynn |
||||||
| Soumya Singh | ||||||
| Stephanie Charmail-Lakhani |
||||||
| Company | secretary | Lydia Agbobidi | ||||
| Independent | examiner | Mr Philip Gambrill | MAAT FCCA |
| Year ende | d 30Septe | mber 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 6 | E | ||||
| Income and | endowments | |||||
| Donations and legacies |
227,965 | 227,965 | 230,879 | |||
| Other trading | activities | 10,247 | 10,247 | 25,425 | ||
| Total income | 238,212 | 238,212 | 256,304 | |||
| Expenditure | ||||||
| Expenditure | on raising funds: | |||||
| Costs of other trading | activities | 7 | 80,673 | 80,673 | 118,647 | |
| Expenditure | on charitable | activities | 8,9 | 133,404 | 133,404 | 147,817 |
| Total expenditure | 214,077 | 214,077 | 266,464 | |||
| Net income/(expenditure) | and net movement | in funds | 24,135 | 24,135 | (10,160) | |
| Reconciliation offunds |
||||||
| Total funds | brought forward | 347 | 347 | 10,507 | ||
| Total funds | carried forward | 24,482 | 24,482 | 347 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Tangible fixed assets |
14 | 9508 | 10,763 | ||
| Current assets | |||||
| Debtors | 15 | 1,532 | 1,006 | ||
| Cash at bank and in | hand | 17,939 | 543 | ||
| 19,471 | 1,549 | ||||
| Creditors: amounts | falling | due within one year | 16 | 4,497 | 11,965 |
| Net current assets | 14,974 | (10,416) | |||
| Total assets less current | liabilities | 24,482 | 347 | ||
| Net assets | 24,482 | 347 | |||
| Funds ofthe charity | |||||
| Unrestricted funds |
24,482 | 347 | |||
| Total charity funds | 18 | 24,482 | 347 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||||
| E | F | ||||||||
| Grants | |||||||||
| Grants and | donations | 227,965 | 227,965 | 230,879 | 230,879 | ||||
| Other trading | activities | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| E | E | ||||||||
| Income from | projects | 8,500 | 8,500 | 25,425 | 25,425 | ||||
| Membership | fees | 1,747 | 1,747 | ||||||
| 10,247 | 10,247 | 25,425 | 25,425 | ||||||
| Costs ofother trading activities | |||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| E | E | ||||||||
| Costs ofgenerating | income | 80,673 | 80,673 | 118,647 | 118,647 | ||||
| Expenditure | on charitable | activities | by fund type | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| E | E | E | |||||||
| Charitable | activities | 120,830 | 120,830 | 132,152 | 132,152 | ||||
| Support costs | 12,574 | 12,574 | 15,665 | 15,665 | |||||
| 133,404 | 133,404 | 147,817 | 147,817 | ||||||
| Expenditure | on charitable | activities | by activity type | ||||||
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly Support costs | 2022 | 2021 | |||||||
| E | E | ||||||||
| Charitable | activities | 120,830 | 120,830 | 132,152 | |||||
| Governance | costs | 12,574 | 12,574 | 15,665 | |||||
| 120,830 | 12,574 | 133,404 | 147,817 |
| 10. | Net income/(expenditure) | Net income/(expenditure) | |||||
|---|---|---|---|---|---|---|---|
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Depreciation | oftangible | fixed assets | 3,170 | 3,590 | |||
| 11. | Independent | examination | fees | ||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Fees payable | to the independent | examiner for: | |||||
| Independent | examination | ofthe | financial statements | 3,120 | 3,120 |
| Tangible fixed a | ssets | |
|---|---|---|
| Fixtures and | ||
| fittings | ||
| Cost | ||
| At 1 October 2021 | 15,652 | |
| Additions | 1,915 | |
| At 30September | 2022 | 17,567 |
| Depreciation | ||
| At 1 October 2021 | 4,889 | |
| Charge for the year | 3,170 | |
| At 30September | 2022 | 8,059 |
| Carrying amount |
||
| At 30September | 2022 | 9,508 |
| At 30September | 2021 | 10,763 |
| 15. | Debtors | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | ||||||
| Amounts | owed by group undertakings | 863 | 780 | |||
| Prepayments | and accrued income | 669 | 226 | |||
| 1,532 | 1,006 | |||||
| 16. | Creditors: amounts | falling due within one year | ||||
| 2022 | 2021 | |||||
| 'Z | E | |||||
| Accruals | and | deferred | income | 3,900 | 3,480 | |
| Social security | and other taxes | 597 | 3,462 | |||
| Other creditors | 5,023 | |||||
| 4,497 | 11,965 |
| Unrestricted | funds | |||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1 | October 202 | 30 | Septembe | |||
| 1 6 |
Income 6 |
Expenditure f |
r2022 6 |
|||
| Unrestricted | fund | 347 | (1) | 346 | ||
| Unrestricted | fund | 238,212 | (214,076) | 24,136 | ||
| 347 | 238,212 | (214,077) | 24,482 | |||
| At | At | |||||
| 1 | October 202 | 30 | September | |||
| 0 6 |
Income 6 |
Expenditure f |
2021 | |||
| Unrestricted | fund | 10,507 | 10,507 | |||
| Unrestricted | fund | 256,304 | (266,464) | (10,160) | ||
| 10,507 | 256,304 | (266,464) | 347 |
| Analysis of net as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2022 | ||
| Tangible fixed assets | 9,508 | 9,508 | |
| Current assets | 19,471 | 19,471 | |
| Creditors less than | 1 year | (4,497) | (4,497) |
| Net assets | 24,482 | 24,482 | |
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Tangible fixed assets | 10,763 | 10,763 | |
| Current assets | 1,549 | 1,549 | |
| Creditors less than | 1 year | (11,965) | (11,965) |
| Net assets | 347 | 347 |