## ## |`Trustees`|`RafiAddlestone`| |---|---| ||`Neil Blair`| ||`AmyDorfman`| ||`TammyEinav`| ||`DeniseJoseph`| ||`CliveKahn`| ||`DavidKershaw`| ||`CaryKochberg`| ||`MichaelMarx`| ||`MarcNohr(Chair)`| ||`KatyOstro`| ||`ClaudiaRosencrantz`| ||`JonathanSimmons`| ||`JosephCohen`| |`CharityNumber`|`1117644`| |`CompanyNumber`|`05679146`| |`PrincipalAddressandRegisteredOffice`|`341-351FinchleyRoad`| ||`London`| ||`NW36ET`| |`ChiefExecutiveOfficer`|`RaymondSimonson`| |`IndependentAuditors`|`SafferyChampnessLLP`| ||`71QueenVictoriaStreet`| ||`London`| ||`EC4V4BE`| |`Bankers`|`LloydsBankplc`| ||`39ThreadneedleStreet`| ||`London`| ||`EC2R8AU`| ## ## ||`Page`| |---|---| |`Trustees’Report`|`1-22`| |`IndependentAuditors’Report`|`23-26`| |`GroupStatementofFinancialActivities`|`27`| |`GroupandCharityBalanceSheets`|`28`| |`GroupStatementofCashFlows`|`29`| |`NotestotheFinancialStatements`|`30-46`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||
`Numberof`|
`2021`| |---|---|---|---| |`Exam`|`Results`|

`students`
|


`PassRate`| |
`GCSE`|||| |`e`|`English`||| |`eo`|`Maths`||| |`VocationalBtec`||`25`|`98%`| |`Qualifications`
|||| |`e`
|`HairandBeauty`||| |`oe`
|`PT`||
| |`e`
|`BusinessStudies`||
| |`e`
|`Homecooking`||
| |`FunctionalSkills`
||`19`

|`100%`


| |`eo`
|`English`||
| |`e`
|`Maths`||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`RaymondSimonson`|`ChiefExecutive`|| |---|---|---| |`SamSanders`|`ChiefOperatingOfficer`|| |`ZoeSteel`|`DirectorofMarketingandSales`|| |`AdamDaniels`|`FinanceDirector`|`Resigned February2021`| |`GaryCohen`|`InterimFinanceDirector`|`February2021— May2022`| |`HugoMcNestry`|`InterimFinanceDirector`|`AppointedMay2022`| |`SharonBlackstone`|`FundraisingDirector`|`ResignedFebruary2022`| |`RachelGrunwald`|`DirectorofProgramming`|`ResignedOctober2021`| |`WilliamGalinsky`|`DirectorofProgramming`|`AppointedJanuary2022`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## 14 September 2022 ## |||`Unrestricted`||`Unrestricted`|||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||`Funds`||`Funds`||`Restricted`|||||| ||`Note`|`General`||`Designated`||`Funds`||`Total2021`||`Total2020`|| |||`£`||`£`||`£`||`£`||`£`|| |`Incomefrom:`|||||||||||| |`Donations:`|||||||||||| |`JW3DevelopmentGrant`||`1,973,815`||`6,750`||`322,621`||`2,303,186`||`2,445,699`|| |`DonatedGoods`|`14`||`-`||`-`|`107,800`||`107,800`|||`-`| |`Tradingactivities`||`721,804`|||`-`||`-`|`721,804`||`1,140,905`|| |`Charitableactivities`||`483,244`|||`-`||`-`|`483,244`||`446,321`|| |`Investments(bankinterest)`||`173`|||`-`||`-`|`173`||`3,479`|| |`Otherincome`|||
`-`||
`-`||
`-`||
`-`|
`41,639`|
| |`Totalincome`||

`3,179,036`|

|

`6,750`|

|

`430,421`|

|
`3,616,207`|
|
`4,078,043`|
| |`Expenditureon:`|||||||||||| |`Tradingactivities`||`220,796`|||`-`||`-`|`220,796`||`710,369`|| |`Charitableactivities`||
`2,725,455`|
|
`178,804`|
|
`445,616`|
|
`3,349,875`|
|
`2,968,452`|
| |`Totalexpenditure`||

`2,946,251`|

|

`178,804`|

|

`445,616`|

|

`3,570,671`|

|

`3,678,821`|

| |`Netincome/(expenditure)`
`beforetransfers`||
`232,785`|
|
`(172,054)`|
|
`(15,195)`|
|
`45,536`|
|
`399,222`|
| |`Grosstransfersbetween`
`funds`|`16`|
`5,000`|
||
`-`|
`(5,000)`|
||
`-`||
`-`| |`Netincome/(expenditure)`|||||||||||| |`fortheyear/netmovement`||`237,785`||`(172,054)`||`(20,195)`||`45,536`||`399,222`|| |`infunds`|||||||||||| |`Fundbalancesat1 January`||
`3,141,117`|
|
`31,416,522`|
|

`39,442`|

|
`34,597,081`|
|
`34,197,859`|
| |`Fundbalancesat31`
`December`||
`3,378,902`
|

|
`31,244,468`
|

|
`19,247`
|

|`34,642,617`
|
|`34,597,081`
|
| ## ## ## ||||||`Charity`||| |---|---|---|---|---|---|---|---| |||`2021`|`2020`||`2021`|`2020`|| ||`Note`|`£`|`£`||`£`|`£`|| |`Fixedassets`|||||||| |`Tangibleassets`|`10`|`31,413,300`|`31,599,619`||`31,283,236`|`31,460,057`|| |`Investments`|`11`|`o-`||`-`|`250,001`|`500,001`|| |||`31,413,300`|`31,599,619`||`31,533,237`|`31,960,058`|| |`CurrentAssets`|||||||| |`Stock`|`12`|`5,400`|`10,007`||`-`||`;`| |`Debtors`|`13`|`1,881,245`|`1,090,726`||`2,780,982`|`2,430,381`|| |`Cashatbankandinhand`||`1,837,486`|`2,262,019`||`1,530,904`|`1,683,718`|| |||
`3,724,131`|
`3,362,752`||`4,311,886`|`4,114,099`|| |`Creditors:amountsfalling`
`duewithinoneyear`|`14`|
`(494,814)`|
`(365,290)`|
|`(139,839)`|`(160,427)`|| |`Netcurrentassets`||`3,229,317`|`2,997,462`||`4,172,047`|`3,953,672`|| |`Totalassetslesscurrent`
`liabilities`||
`34,642,617`|
`34,597,081`|

|
`35,705,284`|
`35,913,730`|
| |`IncomeFunds`|||||||| |`RestrictedFunds`|`16`|`19,247`|`39,442`||`19,247`|`39,442`|| |`UnrestrictedFunds`|||||||| |`Designatedfunds`|`17`|`31,244,468`|`31,416,522`||`31,244,468`|`31,416,522`|| |`Generalunrestrictedfunds`|`18`|`3,378,902`|`3,141,117`||`4,441,569`|`4,457,766`|| |||`34,623,370`|
`34,557,639`|
|
`35,686,037`|
`35,874,288`|
| |||`34,642,617`|
`34,597,081`||
`35,705,284`|
`35,913,730`|| ## ## ## ## ||||`2021`|||`2020`|| |---|---|---|---|---|---|---|---| ||`Note`||||`£`||`£`| |`Cashflowsusedin/fromoperating`|||||||| |`activities`
`Cashprovidedbyoperations`|`21`|||`(369,881)`|||`442,392`| |`Cashflowsfrom`|||||||| |`Investingactivities`|||||||| |`Purchaseoftangiblefixedassets`
`Interestreceived`||`(54,825)`
`173`|||`(116,518)`
`3,479`|
|| |`Netcashusedininvestingactivities`||||`(54,652)`|||`(113,039)`| |`Netincreaseincashandcash`||||`(424,533)`|||`329,353`| |`equivalents`|||||||| |`Cashandcashequivalentsat`
`beginningofyear`||||`2,262,019`|||`1,932,666`| |`Cashandcashequivalentsatendof`
`year`||||`1,837,486`|||`2,262,019`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`4`|`OtherIncome`|||| |---|---|---|---|---| |||`2021`||`2020`| |||`£`||`£`| ||`ManagementrechargetoJW3Development`||`-`|`41,264`| ||`Otherincome`||
`-`|
`375`| |||

|


`-`|


`41,639`| |`5`|`ExpenditureonTradingActivities`|||| |||`2021`||`2020`| |||`£`||`£`| ||`Tradingcostofsales`|`166,639`||`120,153`| ||`Staffcosts`|`36,551`||`537,607`| ||`Depreciation`|`17,606`||`52,609`| |||`220,796`||`710,369`| ## |`CharitableActivities-2021`||||||||| |---|---|---|---|---|---|---|---|---| ||`Direct`||`Support`|||`Governance`||`2021`| ||`costs`||`costs`|||`costs`||| ||`£`||`£`|||`£`||`£`| |`Staffcosts`|`969,719`||`533,057`||||`-`|`1,502,776`| |`Depreciation`|`184,910`||||`-`||`-`|`184,910`| |`Generalcharitableexpenditure`|`562,053`||`187,280`||||`-`|`749,333`| |`Premisescosts`|`745,837`||||`-`||`-`|`745,837`| |`Distributionofdonatedgoods`|`107,800`||||`-`||`-`|`107,800`| |`Legal,professionalandauditfees`||`-`||||
`59,219`|
|
`59,219`| ||`2,570,319`||
`720,337`||
|

`59,219`|

|

`3,349,875`| |`CharitableActivities- 2020`||||||||| ||`Direct`||`Support`|||`Governance`||`2020`| ||`costs`||`costs`|||`costs`||| ||`£`||`£`|||`£`||`£`| |`Staffcosts`
`Depreciation`|`942,379`
`285,893`|
|`427,453`|
`-`|
|`-`
`-`|
|`1,369,832`
`285,893`| |`Generalcharitableexpenditure`
`Premisescosts`|`425,342`
`712,859`|
|`116,851`|
`-`|
|`-`
`-`|
|`542,193`
`712,859`| |`Legal,professionalandauditfees`|
`-`|
||
`-`|
|
`57,675`||`57,675`| ||`2,366,473`
|
|`544,304`
|
|
|`57,675`
|
|`2,968,452`
| ## ## ## ||||`2021`|`2020`| |---|---|---|---|---| |`8`|`Employees`||`number`|`number`| ||`Theaveragemonthlynumberof`|`employeesofJW3groupduring`||| ||`theyearwas:`|||| ||`Boxoffice`||`8`|`9`| ||`Restaurant,caféandvenuehire`||`1`|`14`| ||`Marketing`||`6`|`6`| ||`Programmingandproduction`||`16`|`17`| ||`Operations`||`4`|`3`| ||`Cinema`||`2`|`2`| ||`Administration`|`:`|`8`|`8`| ||`Total`||


`45`|


`59`| ||`EmploymentCosts`||`2021`|`2020`| ||||`£`|`£`| ||`Wagesandsalaries`||`1,366,679`|`1,722,680`| ||`Socialsecuritycosts`||`126,487`|`142,486`| ||`Otherpensioncosts`||
`37,401`|
`42,271`| ||||`1,530,567`

|`1,907,437`

| |`Thenumberofemployeeswhoseannualremunerationwas`|`2021`|`2020`| |---|---|---| |`£60,000ormorewere:`|`number`|`number`| |`£70,000- £79,999`|`1`|`1`| |`£100,000- £109,999`|`2`
|`2`
| ## ## ## |`Netin`|`come/(expenditure)isstatedaftercharging:`||| |---|---|---|---| |||`2021`|`2020`| |||`£`|`£`| |`Auditors’remuneration:`|||| |`-`|`Fortheauditoftheparentcharityandgroup`|`12,800`|`12,644`| |`-`|`Fortheauditofthesubsidiaryentities`|`18,500`|`21,766`| |`-`|`Taxservices`|`2,675`|`2,575`| |`Depreciation`||`241,144`|`338,502`| ## |`Group`|||| |---|---|---|---| ||`Freehold`|`Fixtures,`|`Total`| ||`landand`|`fittingsand`|| ||`buildings`|`equipment`|| ||`£`|`£`|`£`| |`Cost`||`.`|| |`At1 January2021`|`32,853,925`|`914,119`|`33,768,044`| |`Additions`|`6,750`|`48,075`|`54,825`| |`At31December2021`|`32,860,675`|`962,194`|`33,822,869`| |`Depreciationandimpairment`|||| |`At1 January2021`|`1,437,403`|`731,022`|`2,168,425`| |`Depreciationchargedintheyear`|`178,804`|`62,340`|`241,144`| |`At31December2021`|
`1,616,207`|


`793,362`|

`2,409,569`| |`Netbookvalue`|||| |`At31December2021`|`31,244,468`|`168,832`|`31,413,300`| |`At31December2020`|`31,416,522`
|`183,097`

|`31,599,619`

| ## ## ## ## ||`Charity`|||| |---|---|---|---|---| |||`Freeholdland`|`Fixtures,`|`Total`| |||`andbuildings`|`fittingsand`|| ||||`equipment`|| |||`£`|`£`|`£`| ||`Cost`|||| ||`At1 January2021`|`32,853,925`|`583,345`|`33,437,270`| ||`Additions`|`6,750`|`1,340`|`8,090`| ||`At 31December2021`|

`32,860,675`|



`584,685`|


`33,445,360`| ||`Depreciationandimpairment`|||| ||`At1 January2021`|`1,437,403`|`539,810`|`1,977,213`| ||`Depreciationchargedinthe`|`178,804`|`6,107`|`184,911`| ||`year`|||| ||`At31December2021`|
`1,616,207`|
`545,917`|
`2,162,124`| ||`Netbookvalue`|||| ||`At31December2021`|
`31,244,468`|


`38,768`|

`31,283,236`| ||`At31December2020`|


`31,416,522`|

`43,535`|
`31,460,057`| |`11`|`FixedAssetInvestments`||`2021`|`2020`| ||||`£`|`£`| ||`Charityonly`|||| ||`Investmentsinsubsidiaries`||`250,001`


|`500,001`


| ## |`Detailsofthecharity’ssubsidiariesat31December2021areasfollows:`|`Detailsofthecharity’ssubsidiariesat31December2021areasfollows:`|`Detailsofthecharity’ssubsidiariesat31December2021areasfollows:`|`Detailsofthecharity’ssubsidiariesat31December2021areasfollows:`|| |---|---|---|---|---| |`Nameof`|`Countryof`||`Classof`|| |`undertaking`|`incorporation`|`Natureofbusiness`|`share`|`%helddirectly`| |`Hampstead`|`UnitedKingdom`|`Headlesseeof`|`Ordinary`|`100`| |`Slope`||`residentialflats`||| |`Developments`||||| |`Ltd(HSDLtd),`||||| |`cono07686348`||||| |`JW3Trading`|`UnitedKingdom`|`OperationofJW3`|`Ordinary`|`100`| |`Ltd,cono`||`CommunityCentre`||| |`07686352`||||| |||`JW3`|`TradingLtd`|||`HSDLtd`|| |---|---|---|---|---|---|---|---| |||`2021`|`2020`||`2021`|`2020`|| |||`£`|`£`||`£`|`£`|| ||`Profitandlossaccount`||||||| ||`Turnover`|`3,588,841`|`3,520,207`||`4900`|`4,900`|| ||`Expenditure`|`(3,584,983)`|`(3,681,168)`||`(4,777)`|`(4,593)`|| ||`(Loss)/profitbeforetaxation`|
`3,858`|
`(160,961)`|
|
`123`|
`307`|| ||`Taxation`|||`-`|||`-`| ||`(Loss)/profitforthefinancial`||||||| ||`year`|`3,858`|`(160,961)`||`123`|`307`|| ||`Shareholder’sfundsat1 January`||||||| ||`2021`|`(818,212)`|`(657,251)`||`1,564`|`1,257`|| ||`Shareholder’sfundsat31`||||||| ||
`December2021`|
`(814,354)`|

`(818,212)`|
|

`1,687`|

`1,564`|
| |`12`|`Stock`||||||| ||||||`2021`|`2020`|| ||||||`£`|`£`|| ||`Foodandbarstock`||||`5,400`|`10,007`|| ## ## ## |`Debtors:amountsfallingduewi`|`thinoneyear`||||| |---|---|---|---|---|---| ||`Group`|||`Charity`|| ||`2021`|`2020`||`2021`|`2020`| ||`£`|`£`||`£`|`£`| |`Tradedebtors`|`215,020`|`112,113`||`176,486`|`69,195`| |`Amountsduefromgroup`|||||| |`undertakings`|`-`||`-`|`1,064,133`|`2,022,307`| |`Amountsduefromconnected`|||||| |`charity`|`1,540,363`|`930,331`||`1,540,363`|`308,900`| |`Other debtors`|`50,958`|`23,559`||`-`|`22,518`| |`Prepaymentsandaccrued`|||||| |`income`|`74,904`|`24,723`||`-`|`7,461`| ||
`1,881,245`|

`1,090,726`|


|



`2,780,982`|



`2,430,381`| ## |`creditors:amountsfallingduew `|`ithinoneyear`|||||||| |---|---|---|---|---|---|---|---|---| ||`Group`|||||`Charity`||| ||`2021`|`2020`||`2021`|||`2020`|| ||`£`|`£`||`£`|||`£`|| |`Tradecreditors`|`124,037`|`72,857`||`4,739`|||`31,701`|| |`Amountsduetogroup`||||||||| |`undertakings`|`-`||`-`||`-`||`1,570`|| |`Taxationandsocialsecurity`|`32,845`|`30,985`||`39,212`||||`-`| |`Othercreditors`|`32,714`|`21,687`|||`-`|||`-`| |`Accruals`|`149,283`|`92,190`||`11,500`|||`44,305`|| |`Deferredincome`|`155,935`|`147,571`||`84,388`|||`82,851`|| ||`494,814`|`365,290`||`139,839`|||`160,427`|| ## ## ||||||`MovementinFunds2021`|`MovementinFunds2021`|`MovementinFunds2021`||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||`Balanceat`|||`1`|`Incoming`|`Resources`|`Transfers`||`Balanceat`||| ||`Jan`|`2021`|||`Resources`|`Expended`|||`31Dec`|`2021`|| |||`£`|||`£`|`£`|`£`||`£`||| |`Programming`|||||||||||| |`andActivities`||`21,848`|||`290,469`|`(291,037)`|`(5,000)`||`16,280`||| |`Buildingand`|||||||||||| |`Operations`||`17,594`|||`32,152`|`(46,779)`||`-`||`2,967`|| |`Donated`|||||||||||| |`Goods`||||
`-`|
`107,800`|
`(107,800)`||
`-`|||`-`| ||


`39,442`|||


|



`430,421`|



`(445,616)`|


`(5,000)`|


|


`19,247`||| ||||||`MovementinFunds2020`||||||| ||`Balanceat`||`1`||`Incoming`|`Resources`|`Transfers`||`Balanceat`||| ||`Jan2020`||||`Resources`|`Expended`|||`31Dec`|`2020`|| ||`£`||||`£`|`£`|`£`||`£`||| |`Programming`|||||||||||| |`andActivities`|`30,221`||||`379,556`|`(382,929)`|`(5,000)`||`21,848`||| |`Buildingand`|||||||||||| |`Operations`|||
`-`|
|
`50,000`|
`(32,406)`|
`-`|
|`17,594`||| ||
`30,221`
||

|
|
`429,556`
|
`(415,335)`
|
`(5,000)`
|
|`39,442`
||| ## ## |||||`MovementinFunds2021`|`MovementinFunds2021`|`MovementinFunds2021`||| |---|---|---|---|---|---|---|---|---| ||`Balanceat`|`Incoming`||||`Resources`||`Balanceat`| ||`1Jan2021`|`Resources`||||`Expended`|`Transfers`|`31Dec2021`| ||`£`|`£`||||`£`|`£`|`£`| |`Fixedasset`||||||||| |`fund`|`31,416,522`||`6,750`|||`(178,804)`|`-`|`31,244,468`| ||

`31,416,522`|

|


`6,750`|||


`(178,804)`|

`-`|

`31,244,468`| ||||||`MovementinFunds2020`|||| ||`Balanceat`|`Incoming`||||`Resources`||`Balanceat`| ||`1Jan2020`|`Resources`||||`Expended`|`Transfers`|`31Dec2020`| ||`£`|`£`||||`£`|`£`|`£`| |`Fixedasset`||||||||| |`fund`|`31,906,269`||`1,029`|||`(278,302)`|`(212,474)`|`31,416,522`| ||

`31,906,269`|
|

`1,029`|||`(278,302)`

|`(212,474)`



|`31,416,522`



| |`hevalueattheyear-endisequaltothe`|||`net`||`bookvalueoflandandbuildings.`|||| |`GeneralUnrestrictedFunds- Group`||||||||| |`Theincomefundsofthegroupinclude`||||`the`|`followinggeneralunrestrictedfunds:`|||| |||||`MovementinFunds- 2021`||||| ||`Balanceat`|`Incoming`||||`Resources`|`Transfers`|`Balanceat`| ||`1Jan2021`|`Resources`||||`Expended`||`31Dec`| |||||||||`2021`| ||`£`|`£`||||`£`|`£`|`£`| |`Funds`|`3,141,117`|`3,286,836`||||`(3,054,051)`|`5,000`|`3,378,902`| ||`3,141,117`

|`3,286,836`

||
||`(3,054,051)`

|`5,000`
|`3,378,902`
| ||||`MovementinFunds- 2020`|||||| ||`Balanceat`|`Incoming`||||`Resources`|`Transfers`|`Balanceat`| ||`1Jan2020`|`Resources`||||`Expended`||`31Dec`| |||||||||`2020`| ||`£`|`£`||||`£`|`£`|`£`| |`Funds`|`2,261,369`|`3,647,458`||||`(2,985,184)`|`217,474`|`3,141,117`| ||`2,261,369`|`3,647,458`||||`(2,985,184)`|`217,474`|`3,141,117`| ## ## ## ||||`MovementinFunds`|`-2021`|| |---|---|---|---|---|---| ||`Balanceat`|`Incoming`|
`Resources`|`Transfers`|`Balanceat`| ||`1Jan2021`|`Resources`|
`Expended`||`31Dec2021`| ||`£`|`£`|`£`|`£`|`£`| |`Funds`|
`4,457,766`|
`2,624,346`|

`(2,645,543)`|
`5,000`|
`4,441,569`| ||


`4,457,766`|


`2,624,346`|



`(2,645,543)`|


`5,000`|



`4,441,569`| |||`MovementinFunds- 2020`|||| ||`Balanceat`|`Incoming`|`Resources`|`Transfers`|`Balanceat31`| ||`1Jan2020`|`Resources`|`Expended`||`Dec2020`| ||`£`|`£`|`£`|`£`|`£`| |`Funds`|`3,417,364`|
`2,685,196`|

`(1,862,268)`|
`217,474`|
`4,457,766`| ||`3,417,364`|
`2,685,196`|

`(1,862,268)`|
`217,474`|
`4,457,766`| ## ## |`Group`|||||| |---|---|---|---|---|---| ||`General`|`Designated`|`Restricted`||`Total`| ||`Unrestricted`|`funds`|`funds`||| ||`funds`||||| ||`£`|`£`|`£`||`£`| |`Fundbalancesat31`|||||| |`December2021are`|||||| |`representedby:`|||||| |`Tangibleassets`|`168,832`|`31,244,468`||`-`|`31,413,300`| |`Currentassets`|`3,210,070`||`19,247`||`3,229,317`| ||`3,378,902`|`31,244,468`|`19,247`||`34,642,617`| |`Fundbalancesat31`|||||| |`December2020are`|||||| |`representedby:`|||||| |`Tangibleassets`|`183,097`|`31,416,522`||`-`|`31,599,619`| |`Currentassets`|`2,958,020`|`-`
|`39,442`

|

|`2,997,462`

| ||`3,141,117`|`31,416,522`
|`39,442`

|

|`34,597,081`

| ## ## |`Charity`||||||| |---|---|---|---|---|---|---| ||`General`|`Designated`||`Restricted`||`Total`| ||`Unrestricted`|`funds`||`funds`||| ||`funds`|||||| ||`£`|`£`||`£`||`£`| |`Fundbalancesat31`||||||| |`December2021are`||||||| |`representedby:`||||||| |`Tangibleassets`|`38,768`|`31,244,468`|||`-`|`31,283,236`| |`Investments`|`250,001`||`-`||`-`|`250,001`| |`Currentassets`|
`4,152,800`||`-`|`19,247`||`4,172,047`| ||


`4,441,569`|


`31,244,468`||
`19,247`|
|
`35,705,284`| |`Fundbalancesat31`||||||| |`December2020are`||||||| |`representedby:`||||||| |`Tangibleassets`|`43,535`|`31,416,522`|||`-`|`31,460,057`| |`Investments`|`500,001`||`-`||`-`|`500,001`| |`Currentassets`|`3,914,230`||`-`|`39,442`||`3,953,672`| ||`4,457,766`
|`31,416,522`
||
`39,442`|
|
`35,913,730`| ## |`21`|
`Cashgeneratedfromoperations`|||| |---|---|---|---|---| ||||`2021`|`2020`| ||||`£`|`£`| ||`Netincome/(expenditure)`||`45,536`|`399,222`| ||`Adjustmentsfor:`|||| ||`Investmentincomeincludedinprofitorloss`||`(173)`|`(3,479)`| ||`Depreciationandimpairmentoftangiblefixedassets`||`241,144`|`338,502`| ||`Fixed assetwrite-offs`||`-`|`212,474`| ||`Movementsinworkingcapital:`|||| ||`Decreaseinstock`||`4,607`|`10,903`| ||`(Increase)/decreaseindebtors`||`(790,519)`|`7,170`| ||`Increase/(decrease)increditors`||`129,524`|`(522,400)`| ||`Cash(usedin)/providedbyoperations`||

`(369,881)`|

`442,392`| |`22`|`Analysisofchangesinnetdebt`|||| |||`At1Jan`||`At31Dec`| |||`2021`|`Cashflows`|`2021`| |||`£`|`£`|`£`| ||`Cashatbankandinhand`|`1,739,714`|`(424,707)`|`1,315,007`| ||`Cashondeposit`|`522,305`|`174`|`522,479`| |||`2,262,019`|`(424,533)`|`1,837,486`| ## ||`2021`|`2020`| |---|---|---| ||`£`|`£`| |`Withinoneyear`|`153,734`|`149,257`| |`Inthesecondtofifthyearsinclusive`|`662,462`|`643,167`| |`Afterfiveyears`|`1,584,793`|`1,757,822`| ||`2,400,989`

|`2,550,246`

| ## ## ||`Unrestricted`|`Unrestricted`|`Restricted`||`Total2020`| |---|---|---|---|---|---| ||`FundsGeneral`|`Funds`|`Funds`||| |||`Designated`|||| ||`£`|`£`|`£`||`£`| |`Incomefrom:`|||||| |`Donations:`|||||| |`JW3DevelopmentGrant`|`2,015,114`|`1,029`|`429,556`||`2,445,699`| |`Tradingactivities`|`1,140,905`|`-`||`-`|`1,140,905`| |`Charitableactivities`|`446,321`||||`446,321`| |`Investments(bankinterest)`|`3,479`|`-`||`-`|`3,479`| |`Otherincome`|`41,639`|`-`||`-`|`41,639`| |`Totalincome`|
`3,647,458`|
`1,029`|`429,556`||`4,078,043`| |`Expenditureon:`|||||| |`Tradingactivities`|`710,369`|`-`||`-`|`710,369`| |`Charitableactivities`|`2,274,815`|`278,302`|`415,335`||`2,968,452`| |`Totalexpenditure`|
`2,985,184`|

`278,302`|`415,335`||`3,678,821`| |`Netincome/(expenditure)`
`beforetransfers`
|

`662,274`|

`(277,273)`|

`14,221`|

|

`399,222`| |`Grosstransfersbetweenfunds`|`217,474`|`(212,474)`|`(5,000)`||`-`| |`Netincome/(expenditure)for`|||||| |`theyear/netmovementin`|`879,748`|`(489,747)`|`9,221`||`399,222`| |`funds`|||||| |`Fundbalancesat1 January2020`|`2,261,369`|`31,906,269`|`30,221`||`34,197,859`| |`Fundbalancesat31December`
`2020`|`3,141,117`

|`31,416,522`

|`39,442`
|
|`34,597,081`| ##