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|CONTENTS||PAGE|
|---|---|---|
|Members
ofthe Board and professional|advisers||
|Trustees'
Annual
Report|||
|Independent
examiner's
report to the trustees||10|
|Statement
offinancial
activities|||
|Balance sheet||12|
|Notes to the financial statements||13|
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|Grants mad|e to|or|gani|satio|ns|during
the year|were as follows|:|:||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Age UK|||||||F5,000|For a befriending||service|||
|Anna
Freud|Centre||||||f 7,150|For mental|health|support||for|
|||||||||children|||||
|Cardinal
Hume||Centre|||||f6,500|For running|costs||||
|Church
Homeless|||Trust||||f 5,000|For the Queen
Mary|||Hostel||
|||||||||garden|||||
|The Connection||at|St Martin||in|the Fields|f 5,000|For running|costs||||
|ETAT (Encouragement||||through||Arts and|f 5,000|For community
work|||in South||
|Training)||||||||Westminster|||||
|Fareshare|||||||F 10,000|For a food redistribution|||||
|||||||||programme|||||
|Glassdoor|||||||f 5,000|For homeless
night|||shelter||
|||||||||running
costs|||||
|Marie Curie|Hospice||||||f 7,716|To support|Westminster||||
|||||||||residents|||||
|Paddington|Law|Centre|||||f 7,000|For running|costs||||
|Royal Trinity|Hospice||||||F 10,000|For running|costs||||
|Samaritans|||||||f 5,000|To support|Westminster||||
|||||||||residents|||||
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|St Cuthbert
Centre||f.7,000|For running||costs|||
|---|---|---|---|---|---|---|---|
|StJohn and Elizabeth
Hospice||f 5,000|For running||costs|||
|The Passage||f6,250|For bedroom||furniture|||
|Westbourne
Park Family Centre||f2,000|For running||costs|||
|Westminster
Befriend a Family||f 5,000|For childcare||services|||
|Woman's
Trust||F 5,665|For support||services|to||
||||vulnerable|women||||
|Zacchaeus 2000||f 5,000|To support||Westminster|||
||||residents|||||
|TOTAL RELIEF-IN-NEED||f 114,281||||||
|Adventure
Play Hub at St John's Wood||F5,000|For running||costs|||
|Adventure
Playground||||||||
|Avenues
Youth Project||f 5,000|For running||costs|||
|Centre for Young Musicians||f6,708|For music bursaries|||||
|Centre for Young Musicians||F 1,320|For laptop computers||||to support|
||||home learning|||||
|Dream Arts||f6,000|To provide|performing|||arts|
||||programmes|||||
|Essendine
Primary
School||F5,000|To fit out an||art room|||
|Nucleo Music Project||f 5,000|For music teaching|||in|schools|
|Pimlico Toy Library||f 5,000|For running||costs|||
|StAndrevtrs
Club||f 5,000|For running||costs|||
|St Clement Danes Primary|School|f.8,000|For a Wi Fi|upgrade||||
|Westminster
Boating Base||f 11,500|For running||costs|||
|TOTAL ADVANCEMENT-IN-LIFE||f63,528||||||
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|embers ofthe Fina|nce and|General Pur|poses
Committee|during|
|---|---|---|---|---|
|Mrs Ma
Foster|||Mrs Christina|Munda|
|Mr Ste hen Harrow|until 5"A|ril 2020|Mrs Mar e|Roberts|
|Mr Peter Ma lestone|||Mr Charles S|anton|
|MrJohn
Ma cock|||||
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|Mem|bers ofthe Gra|bers ofthe Gra|nts Adviso|ry
Committ|ee
during the year|
|---|---|---|---|---|---|
|Mrs|Jane Ker-Reid||||Mrs Jean R mer|
|Mr|Ste hen|Harrow|until 5"A|ril 2020|Ms Julie Thomas|
|Mrs|Mar e|Roberts||||
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|||||||Total Funds|Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|2020|Funds|
|||||Funds|Funds||2019|
||||Note|I|I|||
|INCOME||||||||
|Donations|||2|||||
|Investment
Income|||3|244,090||244,090|242,619|
|Bank Interest||||||||
|TOTAL INCOME||||244 090||244 090|242 619|
|EXPENDITURE||||||||
|Expenditure
on Charitable||Activities|4|242,515||242,515|239,000|
|Investment
Management|||6|||||
|TOTAL EXPENDITURE||||242 515||242 915|239 000|
|NET EXPENDITURE||||1,575||1,575|3,619|
|OTHER RECOGNISED||GAINS AND||||||
|LOSSES||||||||
|Gains/(Losses)
on Revaluations||||||||
|of Investment
Assets|||10|199381|330337|529 718|953 391|
|NET MOVEMENT IN FUNDS||||200,956|330,337|531,293|957,010|
|RECONCILIATION|OF|FUNDS||||||
|Total Funds Brought|Forward|||2,979,080|5,164,125|8,143,205|7,186,195|
|TOTAL FUNDS CARRIED FORWARD||||E3 180 036|E5 494462|EE 674 498|E8 143 205|
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||||Unrestricted|Total Funds|Total|Funds|
|---|---|---|---|---|---|---|
||||Funds|2020|2019||
||||f.|f|f||
|Sundry
donations|||||||
|INVESTMENT INCOME|||||||
||||Unrestricted|Total Funds|Total|Funds|
||||Funds|2020|2019||
||||f|f|f||
|Dividends|and Interest Received||244,090|244,090|f242,619||
|COSTS OF CHARITABLE ACTIVITIES|||BYACTIVITY|TYPE|||
|||||Total Funds|Total|Funds|
|||||2020|2019||
||||||f||
|Grants to|Individuals|—Pensions||13,400||14,600|
|Grants to|Individuals|- Other||9,910||10,092|
|Grants to|Institutions|||188,838|184,186||
|Support Costs (Note||5)||30,367
f242,515|30,122
F239,000||
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|SUPPORT C|OSTS|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Total|Funds|Total|Funds|
||||Funds|2020||2019||
||||f|f||f||
|Salaries and|Employment|Costs|18,669||18,669||18,315|
|Premises Costs|||5,082||5,082||5,082|
|Independent|Examination|Fee|2,952||2,952||2,814|
|Travel and Subsistence|||31||31||65|
|Printing,
postage and stationery|||1,777||1,777||2,014|
|Telephone
and ICT|||663||663||937|
|Other Costs|||823||823||750|
|Training|||150||150||145|
|Bank Charges|||220||220|||
|Depreciation|||f30,367|f30,367||f30,122||
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|6.|OTHER R|ESOURCES|EXPENDED|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Funds|Total Funds|
|||||Funds|2020||2019|
|||||6|6||L|
||Investment|Management|Charges|||||
|7.|STAFF COSTS AND EMOLUMENTS|||||||
||Total staff|costs were|as follows:|||||
|||||||2020|2019|
|||||||f|6|
||Wages and|salaries|||16,892||16,400|
||Social security costs|||||1,561|1,699|
||Payroll Administration|||||216|216|
||||||18,669||18,315|
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|or transaction
entered
into by the charity
during
th
TANGIBLE FIXEDASSETS|e year or the previous
year.||
|---|---|---|
||Fixtures|&|
||Fittings
f||
|COST|||
|At 1 January||571|
|Additions|||
|At 31 December 2020||571|
|DEPRECIATION|||
|At 1 January
2020|571||
|Charge for the year|||
|At 31 December 2020|571||
|NET BOOK VALUE|||
|At 31 December 2020|||
|At 31 December 2019|||
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|||||2020|2019|
|---|---|---|---|---|---|
|||||5|5|
|Market value|at 1 January|||8,051,493|7,098,102|
|Acquisitions|at cost||||4,733,995|
|Disposals
at|opening
book value||||(4,176,149)|
|Unrealised
gains on revaluations|||in the year ended|||
|31 December||||529,718|395,545|
|Market value|at 31 December|||8,581,211|8,051,493|
|Gains/(losses)
on Investments||||||
|||||2020f|2019
f|
|Unrealised
gains on revaluations||||||
|in the year|ended 31 December|||529,718|395,545|
|Realised gains on the sale of||Investments|||557,846|
|Total realised|and unrealised|gains||5529,718|F953,391|
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|||||2020|2019|
|---|---|---|---|---|---|
|||||9||
|Independent|Examination||Fee for 2020|2,952|2,814|
|Grants Agreed||but not yet|Paid|1,029|2,628|
|||||F3,981|5,442|
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|ENDOWME|NT
FUNDS||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||||Balance at|Gains and|31 December|
||||1|January
2020
f|losses
f|2020
f|
|Permanent|endowments||||||
|Permanent|Endowment|Fund||E5,164,125|f330,337|f5,494,462|
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|UNREST|RI|CTE|D INCOME FU|NDS||||||
|---|---|---|---|---|---|---|---|---|---|
||||Balance at||||||Balance at|
||||1 January|Incoming|Outgoing|||Gains and|31 December|
||||2020
f|resources
f|resources
f|||losses
E|2020
f|
|Designated||||||||||
|Fund|||2,887,368|86,639||(86,639)||199,381|3,086,749|
|General|Funds||91,712
F2,979,080|157,451
f244,090|f|155,876
242,515||f199,381|93,287
E3,180,036|
|Designated||Reserves
comprise||unspent
income||brought|forward
from||closed charities|
|and
'ring-fenced'|||to provide
future
income.||These are available
for expenditure
at the|||||
|Trustees'|discretion.|||||||||
|parative|Unrestricted
Income|||Funds:||||||
||||Balance at||||||Balance at|
||||1 January|Incoming|Outgoing|||Gains and|31 December|
||||2019
f|resources
E|resources
E|||losses
f|2019
f|
|Designated||||||||||
|Fund|||2,496,078|62,390||(82,390)||391,290|2,887,368|
|General|Funds||88,093
E2,584,171|160,229
f242,619|f|156,610
239,000||f391,290|91,712
E2,979,080|
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|ANALYSIS|OF NET A|SSETS BETWEEN|FUNDS|FUNDS|||
|---|---|---|---|---|---|---|
|||Tangible|fixed||Net current||
|||assets
f||Investments
f.|assets
f|Total
f|
|Endowment|Funds:||||||
|Permanent|Endowment|Fund||5,494,462||5,494,462|
|Unrestricted|Income|Funds:|||||
|Designated|Funds|||3,086,749||3,086,749|
|General
Funds|||||93,287|93,287|
|Total Funds||||F8,581,211|f93,287|f8,674,498|
|parative
Analysis of||Net Assets between||Funds:|||
|||Tangible|fixed||Net current||
|||assets||Investments|assets|Total|
|||f||f|f|f|
|Endowment|Funds:||||||
|Permanent|Endowment|Fund||5,164,125||5,164,125|
|Unrestricted|Income Funds:||||||
|Designated|Funds|||2,887,368||2,887,368|
|General
Funds|||||91,712|91,712|
|Total Funds||||f8,051,493|f91,712|f8,143,205|
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||||Unrestricted|Endowment|Total Funds|
|---|---|---|---|---|---|
||||Funds|Funds|2019|
|INCOME||||||
|Donations||||||
|Investment
Income|||242,619||242,619|
|Bank Interest||||||
|TOTAL INCOME|||242 619||242 619|
|EXPENDITURE||||||
|Expenditure
on Charitable||Activities|239,000||239,000|
|Investment
Management||||||
|TOTAL EXPENDITURE|||239000||239000|
|NET EXPENDITURE|||3,619||3,619|
|OTHER RECOGNISED GAINS AND||||||
|LOSSES||||||
|Gains/(Losses)
on Revaluations||||||
|of Investment
Assets|||391290|562 101|953 391|
|NET MOVEMENT IN FUNDS|||394,909|562,101|957,010|
|RECONCILIATION|OF FUNDS|||||
|Total Funds Brought|Forward||2,584,171|4,602,024|7,106,195|
|TOTAL FUNDS CARRIED FORWARD|||62 979080|EE 164 125|E8 143 205|