Reports |
|
Referenceandadministrativeinformation |
1 |
Reportofthetrustees |
2 |
Independentauditor'sreport |
12 |
Financialstatements |
|
Statementoffinancialactivities |
17 |
Balancesheet |
18 |
Principalaccountingpolicies |
19 |
Notestothefinancialstatements |
25 |
Trustees |
MichaelDaffey—Chairman(resigned27July |
|
2021) |
|
MichelAntakly |
|
NicholasAntonas(appointed28July2020) |
|
JamesEsposito—Treasurer(resigned27April |
|
2021) |
|
MandyDeFilippo |
|
AntoinedeGuillenchmidt-Treasurer |
|
JohnHecklinger |
|
ManjuLulla |
|
MarkWilson—Chairman(appointed27July |
|
2021) |
|
MarineAbiad(appointed27July2021) |
RegisteredandOperationaladdress |
EpworthHouse,25CityRoad |
|
London |
|
EC1Y1AA |
Website |
www.globalfundforchildren.org/uk-trust |
Companynumber |
06031876(EnglandandWales) |
Registeredcharitynumber |
1 119544(EnglandandWales) |
Auditor |
BuzzacottLLP |
|
130WoodStreet |
|
London |
|
EC2V6DL |
Bankers |
CAFBankLimited |
|
25 KingsHill |
|
WestMailing |
|
Kent |
|
ME194JQ |
Solicitors |
BatesWells&BraithwaiteLondonLLP |
|
10 C~ueenStreetPlace |
|
London |
|
EC4RIBE |
----- Start of picture text -----
Mark Wilson
----- End of picture text -----
12 January 2022
|
|
|
|
Total |
|
|
Total |
|
|
Unrestricted |
Restricted |
funds |
Unrestricted |
Restricted |
funds |
|
|
funds |
funds |
2021 |
funds |
funds |
2020 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
£ |
Incomefrom: |
|
|
|
|
|
|
|
Donationsandlegacies |
1 |
303,143 |
3,513,593 |
3,816,736 |
67,560 |
627,751 |
695,311 |
Interestreceivable |
|
81 |
- |
81 |
195 |
- |
195 |
Totalincome |
|
303,224 |
3,513,593 |
3,816,817 |
67,755 |
627,751 |
695,506 |
Expenditureon: |
|
|
|
|
|
|
|
Raisingfunds |
2 |
57,062 |
- |
57,062 |
76,697 |
- |
76,697 |
Charitableactivities |
|
|
|
|
|
|
|
. Grantsawarded |
3 |
8,272 |
2,722,842 |
2,731,114 |
- |
317,639 |
317,639 |
. Supportcosts |
4 |
32,486 |
46,862 |
79,348 |
32,831 |
35,178 |
68,009 |
Totalexpenditure |
|
97,820 |
2,769,704 |
2,867,524 |
109,528 |
352,817 |
462,345 |
Netincome(expenditure)andnet |
|
|
|
|
|
|
|
movementsinfunds |
5 |
205,404 |
743,889 |
949,293 |
(41,773) |
274,934 |
233,161 |
Reconciliationoffunds: |
|
|
|
|
|
|
|
Fundbalancesbroughtforwardat |
|
|
|
|
|
|
|
1 July |
|
46,469 |
274,934 |
321,403 |
88,242 |
- |
88,242 |
Fundbalancescarriedforwardat |
|
|
|
|
|
|
|
30 June |
|
251,873 |
1,018,823 |
1,270,696 |
46,469 |
274,934 |
321,403 |
Mark Wilson
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
Cashflowsfromoperatingactivities: |
|
|
|
Netcashprovidedbyoperatingactivities |
A |
702,190 |
240,627 |
Cashflowsfrominvestingactivities: |
|
|
|
Interestreceived |
|
81 |
195 |
Netcashprovidedbyinvestingactivities |
|
81 |
195 |
Changeincashandcashequivalentsintheyear |
|
702,271 |
240,822 |
Cashandcashequivalentsat1 July |
B |
351,207 |
110,385 |
Cashandcashequivalentsat30June |
B |
1,053,478 |
351,207 |
Notestothestatementofcashflowsfortheyearto30June |
|
|
|
A Reconciliationofnetmovementinfundsto |
netcashprovidedbyoperating |
|
|
activities |
|
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
Netmovementinfunds(asperthestatementoffinancialactivities) |
|
949,293 |
233,161 |
Adjustmentsfor: |
|
|
|
Interestreceivable |
|
(81) |
(195) |
(Increase)indebtors |
|
(205,402) |
(59,994) |
(Decrease)increaseincreditors |
|
(41,620) |
67,655 |
Netcashprovidedbyoperatingactivities |
|
702,190 |
240,627 |
B Analysisofchangesinnetdebt |
|
|
|
|
2020 |
Cashflows |
2021 |
|
£ |
g |
£ |
Cashatbankandinhand |
351,207 |
702,271 |
1,053,478 |
Totalcashandcashequivalents |
351,207 |
702,271 |
1,053,478 |
1 |
Incomefrom:Donations,grants |
Incomefrom:Donations,grants |
andlegacies |
andlegacies |
|
|
|
|
|
Unrestricted |
Restricted |
2021 |
Unrestricted |
Restricted |
2020 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Generaldonations |
204,948 |
7,444 |
212,392 |
54,207 |
44,442 |
98,649 |
|
Gifts-In-Kinddonations |
2,200 |
- |
2,200 |
2,000 |
- |
2,000 |
|
GiftAid |
2,223 |
- |
2,223 |
7,353 |
- |
7,353 |
|
Grantsreceived |
- |
3,486,034 |
3,486,034 |
- |
583,309 |
583,309 |
|
Galadonations |
92,672 |
- |
92,672 |
|
|
|
|
Otherincome |
1,100 |
20,115 |
21,215 |
4,000 |
- |
4,000 |
|
Totalfunds |
303,143 |
3,513,593 |
3,816,736 |
67,560 |
627,751 |
695,311 |
2 |
Expenditureon:raisingfunds |
|
|
|
|
|
|
|
|
|
|
|
|
Unrestricted |
funds |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
|
|
£ |
£ |
|
Staffcosts(note6) |
|
|
|
|
41,341 |
73,997 |
|
Fundraisingevent |
|
|
|
|
15,721 |
2,700 |
|
|
|
|
|
|
57,062 |
76,697 |
3 |
Expenditureon:charitableactivities-grantsawarded |
|
|
|
andprojectcosts |
|
|
|
|
|
|
|
|
Totalfunds |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
|
|
£ |
£ |
|
Grantsawarded |
|
|
|
2,090,196 |
|
317,639 |
|
Staffcosts(note6) |
|
|
|
|
142,381 |
- |
|
Projectrelatedprofessionalservices |
|
|
|
|
102,880 |
- |
|
ProjectrelatedcoststoGFCUS(note |
|
12) |
|
|
395,657 |
- |
|
|
|
|
|
2,731,114 |
|
317,639 |
|
Expenditureon:charitableactivities-grantsawarded |
|
|
|
bycategory |
|
|
|
|
|
|
|
|
Totalfunds |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
|
|
£ |
£ |
|
Primarygrants |
|
|
|
|
58,496 |
296,639 |
|
Emergencygrants |
|
|
|
|
20,000 |
- |
|
Discretionarygrants |
|
|
|
|
4,700 |
21,000 |
|
PhoenixFundgrants |
|
|
|
2,007,000 |
|
- |
|
|
|
|
|
2,090,196 |
|
317,639 |
Expenditureon:charitableactivities-grantsa |
wardedover£20,000 |
wardedover£20,000 |
|
Restrictedfunds |
|
|
2021 |
2020 |
|
£ |
£ |
2020ChangeCIC |
20,000 |
- |
Aawaz |
20,000 |
- |
CommunityCentreforRefugees |
20,000 |
- |
CroydonFoodbank |
20,000 |
- |
DeepBlack |
20,000 |
- |
EFA/Centreforprogresschange |
20,000 |
- |
EvidencetoExist |
20,000 |
- |
HomelessHeroesAid |
20,000 |
- |
InclusiveBoards |
20,000 |
- |
Juvenis |
5,000 |
20,000 |
LadsNeedDads |
2,000 |
20,000 |
MandalaTheatreCompany |
20,000 |
- |
MediaCultured |
20,000 |
- |
MubasherSajadHealthcare |
20,000 |
- |
MulticulturalRichmond |
20,000 |
- |
NEMITeasLimited |
20,000 |
- |
ProtegeDNA/ Zari |
20,000 |
- |
Sirlute |
20,000 |
- |
SulgraveClub/Blackbooksmatter |
20,000 |
- |
TheBlairProject |
20,000 |
- |
TheOutrunnersCharity |
20,000 |
- |
TheSharonproject |
20,000 |
- |
FutureMen |
- |
28,000 |
Haven |
- |
24,000 |
Mermaids |
- |
24,000 |
SurvivorsManchester |
- |
28,000 |
TheViolenceInterventionProject |
- |
24,000 |
WarrenYouthProject |
- |
28,000 |
YOH |
- |
27,000 |
|
407,000 |
223,000 |
Expenditureon:supportcosts |
|
|
|
Unrestrictedfunds |
|
|
2021 |
2020 |
|
£ |
£ |
Staffcosts(note6) |
13,986 |
20,022 |
Otherstaffcosts |
5,072 |
2,965 |
Bankcharges |
352 |
266 |
Insurance |
1,575 |
1,191 |
Postage |
159 |
166 |
Stationery |
27 |
10 |
Telecommunications |
452 |
438 |
Professionalandlegalfees |
33,994 |
12,719 |
Conferenceandmembership |
1,245 |
1,567 |
Officeexpenses |
4,648 |
309 |
Stafftravelandsubsistence |
3,089 |
14,887 |
Technologycosts |
2,105 |
407 |
Entertainmentandgifts(non-staff) |
44 |
240 |
Officerent |
- |
4,788 |
Governancecosts:auditfee |
12,600 |
8,034 |
|
79,348 |
68,009 |
5 |
Netincome(expenditure)
Thisisstatedaftercharging: |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Auditor'sremuneration |
|
|
|
|
|
. Auditservices |
|
|
12,600 |
8,034 |
|
. Otherservices |
|
|
18,197 |
12,189 |
6 |
Staffcosts |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Salariesandwages |
|
|
176,753 |
85,144 |
|
Socialsecuritycosts |
|
|
15,070 |
7,122 |
|
Pensioncontributions |
|
|
5,885 |
1,753 |
|
|
|
|
197,708 |
94,019 |
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Summaryofstaffcosts: |
|
|
|
|
|
. Raisingfunds |
|
|
41,341 |
73,997 |
|
. Projectcosts |
|
|
142,381 |
— |
|
.Supportcosts |
|
|
13,986 |
20,022 |
|
|
|
|
197,708 |
94,019 |
|
Duringtheyear,oneemployeeearnedbetween£80,001and£90,000(2020—onebetwee |
|
|
|
|
|
£70,001and£80,000).Contributionsof£5,885(2020— £1,753)werepaidforthe |
|
|
|
provisio |
|
of moneypurchasepensionbenefitsin |
respectoftheseemployees. |
|
|
|
|
Theaveragenumberofemployeesduringtheyearwas: |
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
Fulltime |
Parttime |
Fulltime |
Parttime |
|
Averagenumber |
3.5 |
— |
1.4 |
— |
Debtors |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
Grantsreceivable |
|
|
243,637 |
46,936 |
Prepaymentsandotherdebtors |
|
|
24,865 |
16,164 |
|
|
|
268,502 |
63,100 |
Creditors:amountsfallingduewithinoneyear |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
Amountsowingtorelatedparties |
|
|
12,707 |
12,707 |
Expensecreditorsandaccruals |
|
|
29,510 |
11,474 |
Grantspayable |
|
|
- |
56,000 |
Deferredincomeandothercreditors |
|
|
- |
10,044 |
Taxesandsocialsecurity |
|
|
9,067 |
2,679 |
|
|
|
51,284 |
92,904 |
Restrictedfunds |
|
|
|
|
|
At1 July |
|
|
At30June |
|
2020 |
Income |
Expenditure |
2021 |
|
£ |
£ |
£ |
£ |
NationalLotteryCommunity |
|
|
|
|
Fund-BoysandYoung |
|
|
|
|
MenInitiative |
215,235 |
- |
(98,915) |
116,320 |
People'sPostCodeLottery |
12,783 |
150,000 |
(78,553) |
84,230 |
FundersSafeguarding |
|
|
|
|
Consortium |
28,162 |
591,558 |
(114,878) |
504,842 |
COVID-19appeal |
18,754 |
7,444 |
(26,198) |
- |
PhoenixFund |
- |
2,420,068 |
(2,315,265) |
104,803 |
SwedishPostcodeLottery |
- |
344,523 |
(135,895) |
208,628 |
|
274,934 |
3,513,593 |
(2,769,704) |
1,018,823 |
|
At 1 July |
|
|
At30June |
|
2019 |
Income |
Expenditure |
2020 |
|
£ |
£ |
£ |
£ |
NationalLotteryCommunity |
|
|
|
|
Fund-BoysProject |
- |
449,701 |
(234,466) |
215,235 |
People'sPosfCodeLotfery |
- |
100,000 |
(87,217) |
12,783 |
FundersSafeguarding |
|
|
|
|
Consortium |
- |
33,608 |
(5,446) |
28,162 |
COVID-19appeal |
- |
44,442 |
(25,688) |
18,754 |
|
- |
627,751 |
(352,817) |
274,934 |
RelatedParty |
Donations |
income |
|
2021 |
2020 |
|
£ |
£ |
Trustees |
6,383 |
20,575 |
Otherrelatedpartiesexcludingtrustees: |
|
|
. GoldmanSachs&Company—matchingdonations |
36,656 |
7,387 |
. PJTPartners |
33,100 |
21,000 |
Total |
76,139 |
48,962 |
RelatedParty |
Expenditure |
payable |
Furtherdetails |
|
2021 |
2020 |
|
|
£ |
|
£ |
GlobalFundfor |
395,657 |
|
—TheGlobalFundforChildrenisthecharity'sUS |
Children |
|
|
parententity.MichaelDaffeyandJohnHecklingerare |
|
|
|
alsotrusteesofGFC. |