| 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 |
| rants made | to organis | ations | during the year | were as follows: | |
|---|---|---|---|---|---|
| Age UK | f6,000 | For a befriending service |
|||
| All Souls Centre | f6,000 | Activities for the Elderly | |||
| Cardinal Hume Centre |
f6,000 | For running costs |
|||
| Church Homeless Trust | f5,000 | For the Queen Mary Hostel |
|||
| garden | |||||
| Dragon Hall |
F2,500 | Activities for the Elderly | |||
| ETAT (Encouragement | through | Arts snd | f.5,000 | For community work in South |
|
| Training) | Westminster | ||||
| Fareshare | f 10,000 | Fors food redistribution | |||
| programme | |||||
| Groundswell | f5,000 | Advice service for the homeless | |||
| Jesus Centre | f5,000 | Advice service for the homeless | |||
| Marie Curie | Hospice | f6,000 | To support Westminster |
||
| residents | |||||
| Paddington | Law Centre | f 10,000 | For running costs |
||
| Royal Trinity | Hospice | f.10,000 | For running costs |
||
| Samaritans | f5,000 | To support Westminster | |||
| residents |
| StBarnabas | Church, | Pimlico | Pimlico | f3,500 | Equipment | for community | for community | |
|---|---|---|---|---|---|---|---|---|
| activities | ||||||||
| St Cuthbert | Centre | f7,000 | Support for | the homeless | ||||
| StJohn and | Elizabeth | Hospice | f 12,000 | For running | costs | |||
| St Mungo's | f7,000 | Support for | the homeless | |||||
| StVincent Family Centre | f 5,000 | For running | costs | |||||
| Westbourne | Park Family Centre | f 8,000 | For running | costs | ||||
| Westminster | Befriend | a Family | f.5,000 | For childcare services | ||||
| Woman's Trust | F 6,000 | Support services to vulnerable | ||||||
| women | ||||||||
| Zacchaeus | 2000 | f 5,000 | To support | Westminster | ||||
| residents | ||||||||
| TOTAL RELIEF-IN-NEED | f | 142,000 | ||||||
| Adventure Play Hub at |
St John's Wood | f6,000 | For running | costs | ||||
| Adventure Playground |
||||||||
| Avenues Youth Project |
f25,000 | For kitchen | refurbishment | |||||
| Centre for Young Musicians | f8,346 | For music bursaries | ||||||
| Dream Arts | f6,000 | To provide | performing | arts | ||||
| programmes | ||||||||
| Pimlico Toy | Library | f8,600 | For running | costs | ||||
| St Andrew's | Club | f6,000 | For running | costs | ||||
| St Barnabas | Primary | School | f3,500 | For a Wi Fi | upgrade | |||
| TOTAL ADVANCEMENT-IN-LIFE | f | 63,446 |
| Report. | ||||
|---|---|---|---|---|
| Members | ofthe Finance and General Purposes Committee |
during | the year were: | |
| Mrs Ma | Foster | Mrs Christina | Munda | |
| Mr Peter | Ma lestone | Mrs Mar e | Roberts | |
| Mr John | Ma cock | Mr Charles S | anton |
| Mrs | Ma | Foster | Mrs | Mar e Roberts |
|---|---|---|---|---|
| Mrs | Jane | Ker-Reid | Mr | Charles S anton |
| Mrs | Christina Munda |
Ms | Julie Thomas |
| Total Funds | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | 2021 | Funds | ||||
| Funds | Funds | 2020 | |||||
| Note | E | ||||||
| INCOME | |||||||
| Donations | 2 | ||||||
| Investment Income |
3 | 249,008 | 249,008 | 244,090 | |||
| Bank Interest | |||||||
| TOTAL INCOME | 249 008 | 249,008 | 244 090 | ||||
| EXPENDITURE | |||||||
| Expenditure on Charitable |
Activities | 4 | 274,453 | 274,453 | 242,515 | ||
| Investment Management |
6 | ||||||
| TOTAL EXPENDITURE | 274453 | 274 453 | 242 915 | ||||
| NET EXPENDITURE | (25,445) | (25,445) | 1,575 | ||||
| OTHER RECOGNISED GAINS AND | |||||||
| LOSSES | |||||||
| Gains/(Losses) on Revaluations |
|||||||
| of Investment Assets |
20 | 443 838 | 7511411 | 1 194249 | 529,718 | ||
| NET MOVEMENT IN FUNDS | 418,393 | 750,'I11 | 1,168,804 | 531,293 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total Funds Brought | Forward | 3,180,036 | 5,494,462 | 8,674,498 | 8,143,205 | ||
| TOTAL FUNDS CARRIED FORWARD | E3 598,429 | E6 244 873 | 59 84,3 30.2 | E8,674,498 |
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2021 f |
2020 f |
||
| Sundry donations | ||||
| INVESTMENT INCOME | ||||
| Unrestricted | Total Funds | Total Funds | ||
| Funds f |
2021 | 2020 f. |
||
| Di idende | d intereet Received | 2nd dde | ede,ede | f244,090 |
| Total Funds | Total Funds | Total | Funds | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| f. | |||||||
| Grants to Individuals | -Pensions | 10,800 | 13,400 | ||||
| Grants to Individuals | - Other | 10,900 | 9,910 | ||||
| Grants to Institutions | 221,800 | 188,838 | |||||
| Support Costs (Note 5) | 30,953 f274,453 |
30,367 f242,515 |
|||||
| SUPPORT COSTS | |||||||
| Unrestricted | Total | Funds | Total | Funds | |||
| Funds f |
2021 f |
2020 f |
|||||
| Salaries and Employment | Costs | 18,842 | 18,842 | 18,669 | |||
| Premises Costs | 5,082 | 5,082 | 5,082 | ||||
| Independent Examination |
Fee | 3,012 | 3,012 | 2,952 | |||
| Travel and Subsistence | 31 | ||||||
| Printing, postage and stationery |
1,781 | 1,781 | 1,777 | ||||
| Telephone and ICT |
573 | 573 | 663 | ||||
| Other Costs | 1,089 | 1,089 | 823 | ||||
| Training | 155 | 155 | 150 | ||||
| Bank Charges | 419 | 419 | 220 | ||||
| Depreciation | f30,953 | f30,953 | f30,367 |
| Unrestricted | Total Funds | Total Funds |
|---|---|---|
| Funds | 2021 | 2020 |
| 6 | 6 |
| Total | staff costs were as follows: | ||
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | |||
| Wages | and salaries | 17,061 | 16,892 |
| Social | security costs | 1,565 | 1,561 |
| Payroll | Administration | 216 | 216 |
| 18,842 | 18,669 |
| or transaction entered into by the charity during th TANGIBLE FIXEDASSETS |
e year or the previous year. |
|---|---|
| Fixtures & | |
| Fittings | |
| 6 | |
| COST | |
| At 1 January 2021 |
571 |
| Additions | |
| At 31 December 2021 | 571 |
| DEPRECIATION | |
| At 1 January 2021 | 571 |
| Charge for the year | |
| At 31 December 2021 | 571 |
| NET BOOK VALUE | |
| At 31 December 2021 | |
| At 31 December 2020 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| f: | |||||
| Market value | at 1 January | 8,581,211 | 8,051,493 | ||
| Acquisitions | at cost | 750,268 | |||
| Disposals at | opening book value |
(765,422) | |||
| Unrealised gains on revaluations |
in the year ended | ||||
| 31 December | 1,209,403 | 529,718 | |||
| Market value | at 31 December | 9,775,460 | 8,581,211 | ||
| Gains/(losses) on Investments |
|||||
| 2021 | 2020 | ||||
| 8 | |||||
| Unrealised gains on revaluations |
|||||
| in the year | ended 31 December | 1,209,403 | 529,718 | ||
| Realised gains on the sale of | Investments | 15,154 | |||
| Total realised | and unrealised | gains | 81,194,249 | L529,718 |
| 2021 | 2020 f |
||||
|---|---|---|---|---|---|
| Independent | Examination | Fee | 3,012 | 2,952 | |
| Grants Agreed | but not yet | Paid | 1,354 | 1,029 | |
| 84,366 | F3,981 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | Gains and | 31 December | |||||
| 1 | January | 2021 | losses | 2021 | |||
| 6 | |||||||
| Permanent | endowments | ||||||
| Permanent | Endowment | Fund | 65,494,462 | 6750,411 | 86,244,873 |
| parative E |
ndowment |
Funds: | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Gains and | 31 December | ||||
| 1 | January 2020 | losses | 2020 | |||
| 6 | 6 | |||||
| Permanent | endowments | |||||
| Permanent | Endowment | Fund | f5,164,125 | 6330,337 | 'E5,494,462 |
| UNRES | TRICTE | D INCOME FU | NDS | |||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 January | Incoming | Outgoing | Gains and | 31 December | ||
| 2021 | resources | resources | losses | 2021 | ||
| 6 | F | 6 | 6 | |||
| Designated | ||||||
| Fund | 3,086,749 | 89,719 | (89,719) | 443,838 | 3,530,587 | |
| General | Funds | 93,287 | 159,289 | 184,734 | 67,842 | |
| 63,180,036 | 6249,008 | 6 274,453 | 6443,838 | 63,598,429 |
| parative | Unrest | ricted Income |
Funds: | |||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 January | Incoming | Outgoing | Gains and | 31 December | ||
| 2020 | resources | resources | losses | 2020 | ||
| 6 | 6 | 6 | F | |||
| Designated | ||||||
| Fund | 2,887,368 | 66,639 | (86,639) | 199,381 | 3,066,749 | |
| General | Funds | 91,712 E2,979,060 |
157,451 f244,090 |
155,876 f 242,515 |
F199,381 | 93,287 f3,180,036 |
| ANALYSIS | OF NET A | SSETS | BETWEEN FUND | S: 2021 | ||
|---|---|---|---|---|---|---|
| Tangible fixed | Net current | |||||
| assets | Investments | assets | Total | |||
| 6 | 6 | F | ||||
| Endowment | Funds: | |||||
| Permanent | Endowment | Fund | 6,244,873 | 6,244,873 | ||
| Unrestricted | Income | Funds: | ||||
| Designated | Funds | 3,530,587 | 3,530,587 | |||
| General Funds | 67,842 | 67,842 | ||||
| Total Funds | K9,775,460 | 867,842 | 69,843,302 |
| Tangible fixed | Net current | |||||
|---|---|---|---|---|---|---|
| assets 9 |
Investments F |
assets 9 |
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 | E8,581,211 | f93,287 | E8,674,498 |
| Unrestricted | Endowment | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2020 | |||
| INCOME | |||||
| Donations | |||||
| Investment Income |
244,090 | 244,090 | |||
| Bank Interest | |||||
| TOTAL INCOME | 244 090 | 244 1190 | |||
| EXPENDITURE | |||||
| Expenditure on Charitable |
Activities | 242,515 | 242,515 | ||
| Investment Management |
|||||
| TOTAL EXPENDITURE | 242 515 | 242 515 | |||
| NET EXPENDITURE | 1,575 | 1,575 | |||
| OTHER RECOGNISED | GAINS AND | ||||
| LOSSES | |||||
| Gains/(I osses) on Revaluations | |||||
| of Investment Assets |
199381 | 330,337 | 529718 | ||
| NET MOVEMENT IN FUNDS | 200,956 | 330,337 | 531,293 | ||
| RECONCILIATION | OF | FUNDS | |||
| Total Funds Brought | Forward | 2,979,080 | 5,164,125 | 8,143,205 | |
| TOTAL FUNDS CARRIED FORWARD | E3 180036 | E5494462 | E8 674 498 |