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2020-12-31-accounts

Trustees Mr N Giauque (Chairman)
Ms M G Rademacher
Mrs N Giauque (Appointed 18March
2020)
Charity number 1111205
Principal address 87 Home Park Road
London
SW197HS
Auditor Prager Metis LLP
5a Bear Lane
Southwark
London
United
Kingdom
SE1 OUH
Bankers Lloyds Bank PLC
10 Hanover Square
London
W1R 5RJ

Page
Trustees'
report
1-3
Independent
auditor's
report 4-6
Statement
offinancial
activities
Balance sheet
Statement
ofcash flows
Notes to the financial statements 10-13

Unrestricted Unrestricted
funds funds
2020 2019
Notes
Income from:
Donations
and
legacies 3 1,251,200
Ex enditure n:
Charitable
activities
912,936 303,669
Net income/(expenditure) for the year/
Net movement in funds 338,264 (303,669)
Fund balances at 1 January 2020 18,138 321,807
Fund balances at 31 December 2020 356,402 18,138

2020 2019
Notes f
Current assets
Cash at bank and in hand 360,602 19,138
Creditors: amounts falling due within
one year (4,200) (1,000)
Net current assets 356,402 18,138
Income funds
Unrestricted
funds
356,402 18,138
356,402 18,138

2020 2019
Notes f f
Cash flows from operating activities
Cash generated from/(absorbed
by)
operations 341,464 (140,095)
Net cash used in investing activities
Net cash used in financing activities
Net increase/(decrease)
in
cash and cash
equivalents 341,464 (140,095)
Cash and cash equivalents at beginning ofyear 19,138 159,233
Cash and cash equivalents at end of year 360,602 19,138

Charitable Admin Total Charitable Admin Total
Expenditure expenses 2020 Expenditure expenses 2019
2020f 2020f f 2019
f
2019f
Charitable expenditures 908,473 63 908,536 302,615 54 302,669
Share ofgovernance costs
(see note ) 4,400 4,400 1,000 1,000
912,873 63 912,936 303,615 54 303,669
f
Bite Back2030 Limited 100,000
Friends Of HEC Charitable Trust 140,000
Trustees ofTufts College 550,056
Stone King Foundation 10,000
IPE - Tapir Conservation Project 31,429
Old Vic Theatre 50,000
The Whitgift
Foundation
11,988
ESCP Europe Business School 15,000
006 473
f
Trustees ofTufts College 157,615
Friends of HEC 90,000
2030Youth Obesity (Bite Back) 30,000
Forest Gate Community School 25,000
302 615

Donation s
and legacies
Unrestricted Total
funds
2020 2019
E
Donations and gifts 1,000,000
Gift aid repayments 250,000
Donated goods and services 1,200
1,251,200

The aver age
monthly
number of employees
during
the
year was:
2020 2019
Number Number
Total
6 Creditors: amounts falling due within one year
2020 2019
Accruals and deferred income 4,200 1,000
7 Analysis of net assets between funds
Unrestricted Unrestricted
funds funds
2020 2019
F
Fund balances at 31 December 2020 are represented by:
Current assets/(liabilities) 356,402 18,138
356,402 18,138

There were no disclosable
related
There were no disclosable
related
party transactions during the year (2019 - none).
9 Cash generated
from
operations 2020 2019f
Surplus/(deficit)
for the
year 338,264 (303,669)
Movements
in working
capital:
(Increase)/decrease
in
debtors 162,574
Increase
in creditors
3,200 1,000
Cash generated
from/(absorbed
by) operations 341,464 (140,095)