| Page | |||
|---|---|---|---|
| Reference and administrative | details | ||
| Trustees' report |
2-7 | ||
| Independent examiner's report |
|||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| Charity Registration | Charity Registration | Charity Registration | Charity Registration | Number | Number | 1120687 | ||
|---|---|---|---|---|---|---|---|---|
| Company | Registration | Number | 06294709 | |||||
| Patron | Rose Elliot MBE | |||||||
| Anthony Grayling |
||||||||
| Trustees | Barbara Sharp | (Chair) | ||||||
| Dorota Holowiak | ||||||||
| Alison Nunnick | ||||||||
| Ray O' Leary | ||||||||
| Valerie Wright | ||||||||
| Key Management | Personnel | Trustees | ||||||
| Amanda Woodvine |
||||||||
| Company | Secretary | Amanda Woodvine |
||||||
| Registered | Office | Norwood House |
||||||
| Brighton Grove | ||||||||
| Manchester | ||||||||
| M145JT | ||||||||
| Independent | Examiner | M A Wilkes FCA | ||||||
| Azets Audit Services | ||||||||
| Ashford Commercial |
Quarter | |||||||
| 1 Dover Place | ||||||||
| Ashford | ||||||||
| Kent | ||||||||
| TN23 1FB | ||||||||
| Bankers | The Royal Bank | of Scotland | ||||||
| 1 Dale Street | ||||||||
| Liverpool | ||||||||
| L22PP | ||||||||
| Investment | Managers | Rathbones | ||||||
| Port of Liverpool | Building | |||||||
| Pier Head | ||||||||
| Liverpool | ||||||||
| L3 1NW |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||||
| Notes | funds | funds | fundsf | fundsf | ||||
| Income | ||||||||
| Voluntary income |
||||||||
| Donations | 2,990 | 2,990 | 1,420 | |||||
| Income from charitable | activities: | |||||||
| Rental income | 10,617 | 10,617 | 10,376 | |||||
| All-Party Parliamentary |
Group On Vegetarianism | |||||||
| and Veganism | 111 | |||||||
| Misc Income | 307 | |||||||
| Investment income |
77,368 | 77,368 | 101,567 | |||||
| Total income |
90,975 | 90,975 | 113,781 | |||||
| Expenditure | ||||||||
| Costs ofgenerating | funds | |||||||
| Investment manager's |
fees | 25,852 | 25,852 | 27,151 | ||||
| Charitable activities |
||||||||
| Guidance and support |
for older vegetarians | and vegans | 3,005 | 280,271 | 283,276 | 260,590 | ||
| All-Party Parliamentary |
Group On Vegetarianism | |||||||
| and Veganism | 100 | 100 | 317 | |||||
| Governance costs |
6,778 | 6,778 | 8,582 | |||||
| Total expenditure | 3,005 | 313,001 | 316,006 | 296,640 | ||||
| Net expenditure before |
realised | and unrealised | ||||||
| gains on investments | (3,005) | (222,026) | (225,031) | (182,859) | ||||
| Revaluation of investment |
property | 22,050 | 22,050 | |||||
| Realised and unrealised | gains on investments | 10,666 | 10,666 | 55,403 | ||||
| Net movement in funds |
(3,005) | (189,309) | (192,314) | (127,456) | ||||
| Fund balances at 1 October 2019 | 67,742 | 4,106,325 | 4,174,067 | 4,301,523 | ||||
| Funds balances at 30September | 2020 | 64,737 | 3,917,016 | 3,981,753 | 4,174,067 |
| 2019 | 2018 | |||||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||||
| Notes | funds | funds | funds | funds | ||||
| Income | ||||||||
| Voluntary income |
||||||||
| Donations | 1,420 | 1,420 | 100,928 | |||||
| Income from charitable | activities: | |||||||
| Membership income |
125 | |||||||
| Rental income | 10,376 | 10,376 | 11,091 | |||||
| All-Party Parliamentary |
Group On | Vegetarianism | ||||||
| and Veganism | 111 | 111 | 99 | |||||
| Misc Income | 307 | 307 | 2,400 | |||||
| Investment income |
101,567 | 101,567 | 100,705 | |||||
| Total income |
113,781 | 113,781 | 215,347 | |||||
| Expenditure | ||||||||
| Costs ofgenerating | funds | |||||||
| Investment manager's |
fees | 27,151 | 27,151 | 27,560 | ||||
| Charitable activities |
||||||||
| Guidance and support |
for older vegetarians | and vegans | 3,578 | 257,012 | 260,590 | 222,285 | ||
| All-Party Parliamentary |
Group On | Vegetarianism | ||||||
| and Veganism | 317 | 317 | 648 | |||||
| Governance costs |
8,582 | 8,582 | 9,386 | |||||
| Total expenditure | 3,578 | 293,062 | 296,640 | 259,879 | ||||
| Net expenditure before |
realised | and unrealised | ||||||
| gains on investments | (3,578) | (179,281) | (182,859) | (44,531) | ||||
| Realised and unrealised | gains on | investments | 55,403 | 55,403 | 295,135 | |||
| Net movement in funds |
(3,578) | (123,878) | (127,456) | 250,604 | ||||
| Fund balances at 1 October 2018 | 71,320 | 4,230,203 | 4,301,523 | 4,050,919 | ||||
| Funds balances at 30September | 2019 | 67,742 | 4,106,325 | 4,174,067 | 4,301,523 |
| Notes | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|
| f | ||||||
| Fixed assets | ||||||
| Tangible assets | 345 | 932 | ||||
| Investment | properties | 192,000 | 169,950 | |||
| Investments | 3,587,655 | 3,821,127 | ||||
| 3,780,000 | 3,992,009 | |||||
| Current assets | ||||||
| Investments | 175,897 | 173,533 | ||||
| Debtors | 8,772 | 11,234 | ||||
| Cash at bank and in | hand | 28,012 | 9,880 | |||
| 212,681 | 194,647 | |||||
| Creditors: | Amounts | falling due within one year | 10 | (10,928) | (12,589) | |
| Net current | assets | 201,753 | 182,058 | |||
| Total funds | 3,981,753 | 4, | 174,067 | |||
| Funds | ||||||
| Unrestricted | funds | 137,016 | 114,316 | |||
| Designated | funds | 13 | 3,780,000 | 3,992,009 | ||
| Restricted funds | 14 | 64,737 | 67,742 | |||
| 15 | 3,981,753 | 4, | 174,067 |
| Expenditure | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Staff | Direct | Support | 2020 | 2019 | ||||||
| Costs | Costs | Costs | Total | Total | ||||||
| Charitable Activities |
||||||||||
| Staff costs | 208,306 | 208,306 | 174,697 | |||||||
| Casual wages | 6,179 | 6,179 | ||||||||
| Consultancy | 10,756 | 10,756 | 2,856 | |||||||
| Recruitment costs |
1,000 | 1,000 | 1,109 | |||||||
| Grants awarded (see note 2b) | 2,905 | 2,905 | 3,578 | |||||||
| Publications —production |
and | |||||||||
| distribution | 2,888 | 2,888 | 2,937 | |||||||
| Travel | 224 | 224 | 494 | |||||||
| Exhibitions and events |
9,282 | 9,282 | 18,675 | |||||||
| Advertising | 3,237 | 3,237 | 9,970 | |||||||
| Office rent | 12,999 | 12,999 | 12,946 | |||||||
| Service charge | 3,852 | 3,852 | 4,327 | |||||||
| General rates | 275 | 275 | 216 | |||||||
| Repairs | 37 | 37 | 119 | |||||||
| Website costs | 6,164 | 6,164 | 6,850 | |||||||
| Software | 605 | 605 | 609 | |||||||
| Telephone | 1,248 | 1,248 | 1,130 | |||||||
| Stationery and postage |
4,225 | 4,225 | 4,402 | |||||||
| Office expenses | 731 | 731 | 2,150 | |||||||
| Accountancy | 403 | 403 | 447 | |||||||
| Depreciation | 587 | 587 | 766 | |||||||
| Bank charges | 363 | 363 | 439 | |||||||
| Subscriptions | 865 | 865 | 2,182 | |||||||
| Training costs | 5,632 | 5,632 | 1,597 | |||||||
| Sundry expenses | 514 | 514 | 8,095 | |||||||
| All-Party Parliamentary |
Group | On | ||||||||
| Vegetarianism and |
Veganism | 100 | 100 | 317 | ||||||
| Governance Costs |
(note 2a) | 6,778 | 6,778 | 8,582 | ||||||
| 208,306 | 33,334 | 48,514 | 290,154 | 269,490 | ||||||
| 2020 | 2019 | |||||||||
| 2a | Governance costs | |||||||||
| Trustees indemnity |
insurance | 521 | 521 | |||||||
| Meeting costs | 816 | 3,227 | ||||||||
| Legal fees | 3,400 | 2,904 | ||||||||
| Accounts and Independent | examiner's | costs | 2,041 | 1,930 | ||||||
| 6,778 | 8,582 | |||||||||
| 2b | Grants awarded | 2020 | 2019 | |||||||
| Individuals (4) |
2,905 | 3,578 |
| Staffcosts | and Trustees remuneration | and Trustees remuneration | 2020 | 2019 |
|---|---|---|---|---|
| Staff costs | 187,911 | 158,746 | ||
| Employer's | national | insurance | 10,789 | 8,530 |
| Employer's | pension | contributions | 9,606 | 7,421 |
| 208,306 | 174,697 |
| Tangible assets | Fixtures, fittings | Fixtures, fittings | |
|---|---|---|---|
| and | computers | Total | |
| Cost | |||
| At 1 October 2019and at 30September 2020 | 3,843 | 3,843 | |
| Depreciation | |||
| At 1 October 2019 | 2,911 | 2,911 | |
| Charge for year | 587 | 587 | |
| At 30September 2020 | 3,498 | 3,498 | |
| Net book values | |||
| At 30September 2020 | 345 | 345 | |
| At 30September 2019 | 932 | 932 | |
| Investment properties |
Property | ||
| Valuation | |||
| At 1 October 2019 | 169,950 | ||
| Revaluation | 22,050 | ||
| At 30September 2020 | 192,000 |
| 7 | Fixed asset | investments | 2020 | 2019 | ||
|---|---|---|---|---|---|---|
| Investments | comprise: | |||||
| Cash | 243,892 | 372,738 | ||||
| Rathbones Porffolio |
3,343,763 | 3,448,389 | ||||
| 3,587,655 | 3,821,127 | |||||
| Quoted investments | 2020 | 2019 | ||||
| Market value | at 1 October | 2019 | 3,448,389 | 3,732,298 | ||
| Additions | 440,159 | 347,002 | ||||
| Disposals | (555,451) | (686,314) | ||||
| Realised and | unrealised | gains on investments | 10,666 | 55,403 | ||
| Market value | at 30September 2020 | 3,343,763 | 3,448,389 | |||
| Quoted investments | ||||||
| Fixed interest | 341,777 | 432,334 | ||||
| UK Equities | 976,112 | 1,123,504 | ||||
| Overseas Equities |
1,627,744 | 1,567,412 | ||||
| Alternatives | 398,130 | 325,139 | ||||
| Cash | 243,892 | 372,738 | ||||
| 3,587,655 | 3,821,127 | |||||
| 2020 | 2019 | |||||
| Cost at 30September 2020 | 2,482,537 | 2,549,476 | ||||
| Holdings in |
investments | at 30September 2020, which are material | in value are: | |||
| JP Morgan Asset Mgrs US | Equity income C | 167,142 | 239,637 | |||
| Janus Henderson Investments |
196,875 | 177,225 | ||||
| 8 | Current asset investments | 2020 | 2019 | |||
| Bank | 175,897 | 173,533 |
| 9 | Debtors | 2020 | 2019 | |
|---|---|---|---|---|
| Other debtors | 4,145 | 1,615 | ||
| Prepayments | and accrued income | 4,627 | 9,619 | |
| 8,772 | 11,234 |
| 10 | Creditors: Amounts | falling due within one year | 2020 | 2019 |
|---|---|---|---|---|
| Other creditors | 2,493 | 4,189 | ||
| Accruals | 8,435 | 8,400 | ||
| 10,928 | 12,589 |
| 13 | Designated | Funds - 2020 | As at 1 | New | Designation | As at 30 |
|---|---|---|---|---|---|---|
| October 2019 | designations | release | September | |||
| 2020 | ||||||
| Tangible fixed assets | 932 | (587) | 345 | |||
| Investments | 3,991,077 | (211,422) | 3,779,655 | |||
| 3,992,009 | (212,009) | 3,780,000 | ||||
| Designated | Funds - 2019 | As at 1 | New | Designation | As at 30 | |
| October 2018 | designations | release | September | |||
| 2018 | ||||||
| Tangible fixed assets | 1,698 | (766) | 932 | |||
| Investments | 4,095,932 | (104,855) | 3,991,077 | |||
| 4,097,630 | (105,621) | 3,992,009 |
| 14 | Restricted | funds - 2020 | funds - 2020 | As at1 | Income | Expenditure | Transfer of | As at 30 |
|---|---|---|---|---|---|---|---|---|
| October | funds | September | ||||||
| 2019 | 2020 | |||||||
| The Vegan | fund | 62,565 | (460) | (62,105) | ||||
| The Vegetarian | fund | 5,177 | (2,545) | (2,632) | ||||
| Vegetarian | and | Vegan Fund | 64,737 | 64,737 | ||||
| 67,742 | (3,005) | 64,737 | ||||||
| Restricted | funds - 2019 | As at1 | Income | Expenditure | Transfer of | As at 30 | ||
| October | funds | September | ||||||
| 2018 | 2019 | |||||||
| The Vegan | fund | 65,863 | (3,298) | 62,565 | ||||
| The Vegetarian | fund | 5,457 | (280) | 5,177 | ||||
| 71,320 | (3,578) | 67,742 |
| Analysis | ofassets between funds - 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | ||
| Fixed assets | 3,780,000 | 3,780,000 | |||
| Current | assets | 147,944 | 64,737 | 212,681 | |
| Current | liabilities | (10,928) | (10,928) | ||
| 137,016 | 3,780,000 | 64,737 | 3,981,753 | ||
| Analysis | ofassets between funds - 2019 | ||||
| Unrestricted | Designated | Restricted | Total | ||
| Fixed assets | 3,992,009 | 3,992,009 | |||
| Current | assets | 126,905 | 67,742 | 194,647 | |
| Current | liabilities | (12,589) | (12,589) | ||
| 114,316 | 3,992,009 | 67,742 | 4,174,067 |