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|Trustees|||Lord John Nash||||
|---|---|---|---|---|---|---|
||||Lady Caroline
Nash||||
||||Mr Gilbert Chalk||||
||||MrJohn
Putt||||
||||Mr David Bloch||(Appointed|2 Apdil 2022)|
|Charity|number||1114396||||
|Principal|address||Future||||
||||cJo Future Academies||||
||||Chichester Street||||
||||London||||
||||SW1V 3AT||||
|independent||examiner|Alexander James & Company|Limited|||
||||Upper Deck||||
||||Admirals
Quarters||||
||||Portsmouth
Road||||
||||Thames
Ditton||||
||||Surrey||||
||||KT7 OXA||||
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||||Page|
|---|---|---|---|
|Trustees'report|||1-4|
|Independent
examineVs||report||
|Statement
offinancial|activities|||
|Balance sheet||||
|Statement
ofcash flows||||
|Notes to the financial|statements||9-15|
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||||||Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds||funds||
|||||Notes|2021
f|2021f|2020f|2020f|
|Income from:|||||||||
|Donations
and|legacies||||133,500|133,500|252,482|252,482|
|Investments|||||34,855|34,855|37,729|37,729|
|Total income|||||168,355|168,355|290,211|290,211|
|~ddt|||||||||
|Raising funds||||5|32,278|32,278|24,888|24,888|
|Charitable
activities||||6|319,195|319,195|551,049|551,049|
|Total expenditure|||||351,473|351,473|575,937|575,937|
|Net gains/(losses)||on investments||10|985,612|985,612|(12,925)|(12,925)|
|Net incoming/(outgoing)|||resources||802,494|802,494|(298,651)|(298,651)|
|Other recognised||gains|and losses||||||
|Other gains or|losses|||12|(17,490)|(17,490)|(4,941)|(4,941)|
|Net movement|in|funds|||785,004|785,004|(303,592)|(303,592)|
|Fund balances|at 1 November 2020||||7,853,908|7,853,908|8,157,500|8,157,500|
|Fund balances|at|31October 2021|||8,638,912|8,638,912|7,853,908|7,853,908|
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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|||6||
|Fixed assets|||||||
|Investments||13||7,285,386||6,7e8,35e|
|Current assets|||||||
|Debtors||14|25,000||||
|Cash stbank snd in|hand||1,354,620||'l,087,632||
||||1,379,626||1,087,632||
|Creditors: amounts|falling due within||||||
|one yeal'||15|(26,100)||(22,080)||
|Net current assets||||1,353,526||1,065,552|
|Total assets lees cunsnt Iiabgitles||||8,838,912||7,853,908|
|Income funds|||||||
|Unrestdcted
funds||||8,638,912||7,853,908|
|||||8,638,912||7.853,908|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Cash flows from operating||activities||||||
|Cash absorbed
by operations|||17||(256,443)||(247,786)|
|Investing|activities|||||||
|Purchase|ofinvestments|||(409,486)||4,260,478||
|Proceeds|from disposal
of investments|||898,068||(4,813,453)||
|Investment|income received|||34,855||37,729||
|Net cash|generated
from/(used
in)|||||||
|investing|activities||||523,437||(515,246)|
|Net cash|used in financing|activities||||||
|Net increase/(decrease)
in||cash and|cash|||||
|equivalents|||||266,994||(763,032)|
|Cash and|cash equivalents
at beginning||ofyear||1,087,632||1,850,664|
|Cash and|cash equivalents|at end of|year||1,354,626||1,087,632|
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|Donations|and legacies|||
|---|---|---|---|
|||Unrestricted
Unrestricted||
|||funds|funds|
|||2021|2020|
|Donations|and gifts|133,500|252,482|
|Investments||||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021|2020|
|||F|6|
|Income from listed investments
Interest receivable||33,510
1,345|33,564
4,165|
|||34,855|37,729|
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|Raising funds||||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021f|2020
f|
|Investmenlmana|ament|32,278|24,888|
|||32,278|24,888|
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|Charitable|activities|||||||
|---|---|---|---|---|---|---|---|
|||Grants to|Grants to|Total|Grants to|Gran'ts
to|Total|
|||Future|other|2021|Future|other|2020|
|||Academies|charities||Academies|charities||
|||2021f|2021f||2020f|2020||
|Grants made||202,114|106,303|308,417|223,366|316,591|539,957|
|Share ofgovernance
costs (see note 7)||10,778||10,778|11,092||11,092|
|||212,892|106,303|319,195|234,458|316,591|551,049|
|Support costs||||||||
|||||Support|Governance|2021|2020|
|||||cos'ts|costsf|||
|Audit fees|||||||5,760|
|Accountancy|||||8,820|8,820|4,950|
|Telephone|and general|expenses|||||15|
|Bank charges|||||1,958|1,958|367|
||||||10,778|10,778|11,092|
|Analysed|between|||||||
|Charitable|activities||||10,778|10,778|11,092|
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|Net gains/(l|oss|es)
on investments|||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2021|2020|
||||6||
|Revaluation
Gain/(loss)|of
on|investments
sale ofinvestments|977,166
8,446|(42,899)
29,974|
||||985,612|(12,925)|
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|Othergains or lo|sses|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021|2020|
|||8||
|Foreign exchange|gains|17,490|4,941|
|Fixed asset investments||||
|Fixed asset investments||
|---|---|
||Listed|
||investments|
|Cost or valuation
At 1 November 2020
Additions
1/aluation
changes
Disposals|6,788,356
409,486
977,166
(889,622)|
|At 31 October 2021|7,285,386|
|Carrying
amount
At 31 October 2021|7,285,386|
|At 31 October 2020|6,788,356|
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|Debtors||||
|---|---|---|---|
|||2021|2020|
|Amounts|falling due within one year:|E|E|
|Other debtors||25,000||
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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Accruals|and|deferred|income|26,100|22,080|
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|17|Cash generated
from operations|Cash generated
from operations|||2021|2020|
|---|---|---|---|---|---|---|
|||||||8|
||Surplus/(deficit)
for the year||||802,494|(298,651)|
||Adjustments
for.||||||
||Investment
income recognised|in statement|offinancial|activities|(34,855)|(37,729)|
||Foreign exchange
differences||||(17,490)|(4,941)|
||Gain on disposal ofinvestments||||(8,446)|(29,974)|
||Fair value gains and losses on|investments|||(977,166)|42,899|
||Movements
in working
capital:||||||
||(Increase)/decrease
in debtors||||(25,000)|75,000|
||Increase
in creditors||||4,020|5,610|
||Cash absorbed
by operations||||(256,443)|(247,786)|
|18|Analysis
ofchanges
in net funds||||||
||The Charity
had no debt during|the year|||||
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