##
|Reference|Reference|and administrative
details|and administrative
details||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|For the|ear ended 31||December 2021||||||||
|Company||number|06337017||||||||
|Charity number|||1122356||||||||
|Registered||office and|Orchard Street Business Centre||||||||
|operational||address|13Orchard Street||||||||
||||Bristol||||||||
||||BS15EH||||||||
|Trustees|||Trustees,
who are also||directors|under||company|law, who served|during|
||||the year and up to the|date ofthis||report were as|||follows:||
||||Dr Amanda
Williams||Chair||||||
||||Dr Velur Balasubramaniam||||||||
||||Dr Srinivas
Bandi||||||||
||||Dr Jolanta Bernatoniene||||||||
||||Maria Caloudis||||||||
||||Prof Ali Judd||||||||
||||Susanna
Keiderling||appointed|||1 March 2021|||
||||Pauline
Maburutse||||||||
||||Sujantha
Nadarajah||||||||
|Chief executive officer|||Amanda
Ely||||||||
|Bankers|||National Westminster|Bank pic|||||||
||||Muswell
Hill Broadway||||||||
||||London||||||||
||||N10 3SD||||||||
|Auditors|||Godfrey Wilson
Limited||||||||
||||Chartered
accountants||and statutory||auditors||||
||||5th Floor Mariner House||||||||
||||62 Prince Street||||||||
||||Bristol||||||||
||||BS14QD||||||||
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Endowment|Restricted|Unrestricted|Total|Total|
|||Note|||F|f.|F|
|Income from:||||||||
|Donations||3|4,000,000|230|2,755|4,002,985|4,004,017|
|Charitable
activities||4||149,630|38,782|188,412|173,361|
|Investments|||97,921||94|98,015|13,274|
|Total income|||4,097,921|149,860|41,631|4,289,412|4,190,652|
|Expenditure
on:||||||||
|Raising funds|||||38,551|38,551|11,599|
|Charitable
activities||||171,524|234,009|405,533|242,649|
|Total expenditure||6|28,409|171,524|244,151|444,084|254,248|
|Net income
/ (expenditure)||||||||
|before gains|||4,069,512|(21,664)|(202,520)|3,845,328|3,936,404|
|Net gains on investments|||604,751|||604,751|315,296|
|Net income
/ (expenditure)|||4,674,263|(21,664)|(202,520)|4,450,079|4,251,700|
|Transfers
between|funds||(72,500)|4,283|68,217|||
|Net movement
in|funds|7|4,601,763|(17,381)|(134,303)|4,450,079|4,251,700|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward||3,724,116|92,116|638,843|4,455,075|203,375|
|Total funds carried forward|||8,325,879|74,735|504,540|8,905,154|4,455,075|
##
##
##
|As at 31 Dec|embe|r|2021||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||Note|||F|
|Fixed assets|||||||||
|Tangible assets|||||10|||1,225|
|Investments|||||11||8,012,328|3,535,977|
||||||||8,012,328|3,537,202|
|Current assets|||||||||
|Debtors|||||12|5,616||31,119|
|Cash at bank|and|in|hand|||897,885||903,135|
|||||||903,501||934,254|
|Liabilities|||||||||
|Creditors: amounts|||falling due within|1 year|13|(10,675)||(16,381)|
|Net current assets|||||||892,826|917,873|
|Net assets|||||14||8,905,154|4,455,075|
|Funds|||||15||||
|Endowment
funds|||||||8,325,879|3,724,116|
|Restricted
funds|||||||74,735|92,116|
|Unrestricted|funds||||||504,540|638,843|
|Total charity|funds||||||8,905,154|4,455,075|
##
##
##
|For the
|ear ended 31 December|2021|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||||F|
|Cash used in operating
activities:|||||||
|Net movement
in funds|||||4,450,079|4,251,700|
|Adjustments
for:|||||||
|Depreciation||||||711|
|Gains
/ losses on investments|||||(604,751)|(315,296)|
|Loss on disposal of fixed assets|||||1,225||
|Dividends|and interest from investments||||(98,015)|(13,274)|
|(Increase)|/ decrease
in debtors||||25,503|(15,002)|
|Increase
/|(decrease)
in creditors||||(5,706)|11,126|
|Net cash|provided
by operating|activities|||3,768,335|3,919,965|
|Cash flows from investing
activities:|||||||
|Dividends|and interest from investments||||98,015|13,274|
|Proceeds|from the sale of investments||||1,637,001|67,760|
|Purchase|of investments||||(5,508,601)|(3,288,441)|
|Net cash|provided
by / (used in)|investing|activities||(3,773,585)|(3,207,407)|
|Increase|/(decrease)
in cash and cash equivalents|||in the year|(5,250)|712,558|
|Cash and|cash equivalents
at the|beginning|ofthe year||903,135|190,577|
|Cash and|cash equivalents
at the end of||the year||897,885|903,135|
##
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##
##
|2.|Prior period comp|aratives:|statement
o|ffinancial activ|ities|||
|---|---|---|---|---|---|---|---|
||||||||2020|
|||||Endowment|Restricted|Unrestricted|Total|
||||||||f.|
||Income from:|||||||
||Donations|||4,000,000|1,035|2,982|4,004,017|
||Charitable
activities||||126,958|46,403|173,361|
||Investments|||13,274|||13,274|
||Total income|||4,013,274|127,993|49,385|4,190,652|
||Expenditure
on:|||||||
||Raising funds|||4,454||7,145|11,599|
||Charitable
activities||||109,845|132,804|242,649|
||Total expenditure|||4,454|109,845|139,949|254,248|
||Net income I (expenditure)||before gains|4,008,820|18,148|(90,564)|3,936,404|
||Net gains on investments|||315,296|||315,296|
||Net income I(expenditure)|||4,324,116|18,148|(90,564)|4,251,700|
||Transfers
between|funds||(600,000)||600,000||
||Net movement
in|funds||3,724,116|18,148|509,436|4,251,700|
|3.|Income from donations|||||||
||||||||2021|
|||||Endowment|Restricted|Unrestricted|Total|
||||||||f.|
||Total donations|||4,000,000|230|2,755|4,002,985|
||Prior year comparative:||||||2020|
|||||Endowment|Restricted|Unrestricted|Total|
||Total donations|||4,000,000|1,035|2,982|4,004,017|
##
##
##
|Income from|ch|aritabl|e|activit|ies||||
|---|---|---|---|---|---|---|---|---|
|||||||||2021|
|||||||Restricted|Unrestricted|Total|
|||||||||f.|
|Grants|||||||||
|BBCChildren|in|Need Wales||||10,000||10,000|
|Raise Your Hands|||||||15,000|15,000|
|Estee Lauder||||||10,000||10,000|
|Barbet Charitable||Trust||||92,280||92,280|
|National
Lottery||Heritage||Fund||37,350||37,350|
|Conference sponsorship|||||||||
|Gilead Sciences|||||||6,500|6,500|
|ViiV Healthcare||UK|||||8,000|8,000|
|Selfgenerated|||||||||
|Conference|||||||1,791|1,791|
|Membership|||||||1,350|1,350|
|Services, training, etc.|||||||5,961|5,961|
|Miscellaneous|income||||||180|180|
|Total income|from charitable||||activities|149,630|38,782|188,412|
|Income from|charitable|||activities|||||
|Prior year comparative|||||||||
|||||||||2020|
|||||||Restricted|Unrestricted|Total|
|||||||F|||
|Grants|||||||||
|BBCChildren|in|Need|England|||48,808||48,808|
|BBCChildren|in|Need Wales||||10,000||10,000|
|BBCChildren|in|Need|North West|||10,000||10,000|
|Co-operative
Foundation||||||19,500||19,500|
|ViiV Healthcare||UK||||18,850||18,850|
|Raise Your Hands|||||||20,000|20,000|
|Gilead Sciences||||||19,800||19,800|
|Sponsorship|||||||||
|MSD Sponsorship|||||||2,200|2,200|
|ViiV Healthcare||UK - conference|||sponsorship||16,126|16,126|
|Selfgenerated|||||||||
|Conference|||||||4,045|4,045|
|Membership|||||||1,452|1,452|
|Services, training, etc.|||||||2,245|2,245|
|Miscellaneous|income||||||335|335|
|Total income|from charitable||||activities|126,958|46,403|173,361|
##
##
##
##
##
||||||||Support and||
|---|---|---|---|---|---|---|---|---|
||||||Raising|Charitable|governance||
||||||funds|activities|costs|2021 Total|
||||||F|F|F|F|
|Direct and||project costs||||121,505|171|121,676|
|Staff costs||(note 8)|||8,943|216,081|5,367|230,391|
|Other staffing costs||||||2,921|11,773|14,694|
|Premises|and running||costs||1,199|37,793|2,922|41,914|
|Monitoring||and evaluation||costs|||7,000|7,000|
|Investment||manager|fees||28,409|||28,409|
|Sub-total|||||38,551|378,300|27,233|444,084|
|Allocation||ofsupport|and||||||
|governance||costs||||27,233|(27,233)||
|Total expenditure|||||38,551|405,533||444,084|
|Total governance
costs were F7,053(2020:F7,345).|||||||||
|Prior year||comparative|||||||
||||||||Support and||
|---|---|---|---|---|---|---|---|---|
||||||Raising|Charitable|governance||
||||||funds|activities|costs|2020 Total|
||||||F|F|F||
|Direct and||project costs||||47,872||47,872|
|Staff costs||(note 8)|||5,890|146,290|3,534|155,714|
|Other staffing costs|||||1,255|748|14,529|16,532|
|Premises|and running||costs|||21,070|1,288|22,358|
|Monitoring||and evaluation||costs|||7,318|7,318|
|Investment||manager|fees||4,454|||4,454|
|Sub-total|||||11,599|215,980|26,669|254,248|
|Allocation||ofsupport|and||||||
|governance||costs||||26,669|(26,669)||
|Total expenditure|||||11,599|242,649||254,248|
##
##
|This is s|tated after ch|arging:||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||F|
|Loss on|disposal of fixed assets|||1,225|Nil|
|Depreciation||||Nil|711|
|Trustees'|remuneration|||Nil|Nil|
|Trustees'|reimbursed|expenses (note|17)|171|26|
|Auditors'|remuneration:|||||
||~ Statutory|audit (including|VAT)|6,240|5,940|
||~ Other services|||798|6,733|
##
|Staff costs and numbers
Staff costs were as follows:|||
|---|---|---|
||2021|2020|
|Salaries and wages|159,663|104,680|
|Social security costs|10,278|8,773|
|Pension costs|8,942|4,346|
|Freelance costs|51,508|37,915|
||230,391|155,714|
||||2021|2020|
|---|---|---|---|---|
||||No.|No.|
|Average|head|count|6.3|3.3|
##
##
##
##
##
|Tangible fixed assets|||||
|---|---|---|---|---|
|||||Total|
|Cost|||||
|At 1 January 2021||||2,842|
|Disposals
in year||||(2,842)|
|At 31 December 2021|||||
|Depreciation|||||
|At 1 January 2021||||1,617|
|On disposals||||(1,617)|
|At 31 December 2021|||||
|Net book value|||||
|At 31 December 2021|||||
|At 31 December 2020||||1,225|
|Investments|||||
||||2021|2020|
||||F|F|
|Listed investments:|||||
|Market value at 1 January|2021||3,535,977||
|Additions|||5,508,601|3,288,441|
|Disposals proceeds|||(1,637,001)|(67,760)|
|Realised and unrealised|gains|/ (losses)|604,751|315,296|
|Market value at 31 December||2021|8,012,328|3,535,977|
|Historical cost at 31 December 2021|||7,254,143|3,220,961|
##
##
|Debtors|||
|---|---|---|
||2021|2020|
|||F|
|Trade debtors||10,535|
|Prepayments|2,416|20,584|
|Other debtors|3,200||
||5,616|31,119|
##
##
##
##
|Creditors: amounts
due within
1year|||
|---|---|---|
||2021|2020|
|||F|
|Trade creditors|2 132|6,441|
|Accruals|7,251|6,580|
|Other taxation and social security||2,803|
|Other creditors|1,292|557|
||10,675|16,381|
##
|Analysis|of net assets between fun|ds||||
|---|---|---|---|---|---|
|||Endowment|Restricted|Unrestricted|Total|
|||funds|funds|funds|funds|
|||F|F|F|F|
|Investments||8,012,328|||8,012,328|
|Current|assets|313,551|74,735|515,215|903,501|
|Current|liabilities|||(10,675)|(10,675)|
|Net assets at 31 December 2021||8,325,879|74,735|504,540|8,905,154|
|Prior year comparative||Endowment|Restricted|Unrestricted|Total|
|||funds|funds|funds|funds|
|||F|F|F||
|Tangible|fixed assets|||1,225|1,225|
|Investments||3,535,977|||3,535,977|
|Current|assets|188,139|92,116|653,999|934,254|
|Current|liabilities|||(16,381)|(16,381)|
|Net assets at 31 December 2020||3,724,116|92,116|638,843|4,455,075|
##
##
##
##
||||At 1||||Transfers|At 31|
|---|---|---|---|---|---|---|---|---|
||||January|||Gains/|between|December|
||||2021|Income|Expenditure|losses|funds|2021|
|||||||E|||
|Endowment|funds:||||||||
|Expendable|endowments||||||||
|Drue Heinz Charitable|||||||||
|Trust|||3,724,116|4,097,921|(28,409)|604,751|(72,500)|8,325,879|
|Total endowment||funds|3,724,116|4,097,921|(28,409)|604,751|(72,500)|8,325,879|
|Restricted funds|||||||||
|Art is Key|||30,595||(15,681)|||14,914|
|Life Growing|Up||||||||
|Performances|||1,915||(2,334)||419||
|South West Project|||4,692||(4,816)||124||
|Summer
Camp Project||||102,280|(88,612)|||13,668|
|BBCChildren|in Need||||||||
|England|||31,278||(32,511)||1,233||
|BBCChildren|in Need||||||||
|Wales|||7,258|10,000|(9,309)|||7,949|
|BBCChildren|in Need||||||||
|North West|||8,512||(10,464)||1,952||
|Treat Me Like This|||988|||||988|
|HYPNet|||1,628|||||1,628|
|Oral History||||37,350|(1,762)|||35,588|
|Hardship
Support|||5,250|230|(6,035)||555||
|Total restricted funds|||92,116|149,860|(171,524)||4,283|74,735|
|Unrestricted|funds||||||||
|General funds|||638,843|41,631|(244,151)||68,217|504,540|
|Total unrestricted||funds|638,843|41,631|(244,151)||68,217|504,540|
|Total funds|||4,455,075|4,289,412|(444,084)|604,751||8,905,154|
##
##
##
|For|the
ear end|the
ear end|ed 31 December 2021|ed 31 December 2021|
|---|---|---|---|---|
|15.|Movements||in funds (continued)||
||Purposes|of|endowment|funds|
||Drue Heinz Charitable|||The purpose
of the donation
from Drue Heinz Charitable
Trust is to generate|
||Trust|||an income
from the investment
of the donation
which
will achieve
financial|
|||||security
for the charity for many years to come. The income
is to be used to|
|||||support
the ongoing
work of CHIVA supporting
children,
young
people
and|
|||||their
families
living
with
HIV
in the
UK.
Allowing
CHIVA
to undertake
a|
|||||programme
of expansion
of services and increase to staff capacity to extend|
|||||the reach ofthe organisation.|
||Purposes|of|restricted|funds|
||Art is Key|||The Art is Key project
is an arts engagement
project which
enables
young|
|||||people to explore
and express experiences
of growing
up with
HIV through|
|||||engagement
with creative and performance
arts. Professional
artists lead this|
|||||project
and
it culminates
in the
production
of a performance
piece to be|
|||||shared
with wider audiences.|
||Life Growing||Up|This project developed
from the Art is Key project above and resulted
in the|
||Performances|||development
of a film, and
live performance
piece. 'Life Growing
Up'
is a|
|||||spoken
word,
story
telling
piece
including
music,
written
directly
from
the|
|||||experiences
and thoughts
which
young
people
taking
part
in the Art is Key|
|||||project shared,
about
their experiences
growing
up
with
HIV. CHIVA
have|
|||||been
funded
to provide
on going
live performances
of 'Life Growing
Up'|
|||||through
this restricted
fund.|
||South West Project|||The South West Project supports
children
and
young
people
in the South|
|||||West region who are living
with
HIV.
Providing
one to one support to children|
|||||and
their families,
clinic based
support
working
in collaboration
with
health|
|||||care professionals,
and peer group meet ups throughout
the year.|
||Summer|Camp Project||The Freedom
2 Be support
camp
is the biggest
direct support
project that|
|||||CHIVA delivers.
Its aims are to address
the social
isolation
young
people|
|||||growing
up with
HIV can face, through
providing
them access to a significant|
|||||network
of young
people also living
with
HIV across the UK. Freedom
2 Be|
|||||also aims to enhance
HIV knowledge
and
understanding
through
delivery
of|
|||||HIV knowledge
workshops
and
providing
support
around
understanding
HIV.|
|||||Freedom
to Be aims to enhance
young
peoples'
confidence
and aspirations|
|||||for the future
through
the workshop
and
activity
programme
provided
and|
|||||involvement
ofolder people
living with
HIV in the delivery of camp.|
||BBCChildren||in Need|In 2017 CHIVA were
awarded
three-year
continuation
funding
for our BBC|
||England|||Children
in
Need
England
project.
This
project
supports
the
CHIVA|
|||||participation
programme
to ensure
that
young
people
are at the
heart
of|
|||||CHIVA and have leadership
roles and direct input
into shaping
the future work|
|||||of CHIVA. CHIVA Youth Committee
is supported
through
this funding
as well|
|||||as a dedicated
staff member
who leads youth
participation
work. There was|
|||||an extension
of the grant
into 2021 due to COVID impacts.
This grant term|
|||||has now ended.|
##
##
##
|For|the
ear end|the
ear end|ed 31 D|ed 31 D|ecember 2021|
|---|---|---|---|---|---|
|15.|Movements||in funds||(continued)
-Purposes of restricted
funds (continued)|
||BBCChildrenin|||Need|The Wales
Project supports
children
and
young
people
living
with
HIV
in|
||Wales||||Wales, and also those closely affected
by HIV through
living
in families where|
||||||a parent I sibling
lives with
HIV.
This project provides
one to one support
to|
||||||children,
young
people and their families,
support
in clinics and
regular
peer|
||||||group
meet ups. Young
People
living
in Wales are also supported
to attend|
||||||the annual
CHIVA Support Camp.|
||BBCChildren||in|Need|The North West project supports
children
and young
people
living
with
HIV in|
||North West||||the North West. This project provides
one to one support
to children,
young|
||||||people
and
their families,
clinic based
support
working
in collaboration
with|
||||||health care professionals
and regular peer group meet ups.|
||Treat Me|Like This|||Treat Me Like This is a patient engagement
project which produces
resources|
||||||and
guidelines
for clinics
to ensure
clinical
care
is directly
lead
by young|
||||||patient experiences
and wishes.|
||HYPNet||||HYPNet is a network
of professionals
who are working
together to support
the|
||||||clinical care of young
people
living
with
HIV, who have transitioned
to adult|
||||||care from
paediatrics.
This project supports
their
professional
learning
and|
||||||development.|
||Oral History||Project||Positively
Spoken
is an oral history project collecting
the life stories of people|
||||||who
grew
up
living
with
HIV
in the
UK, developed
by CHIVA
in 2021 and|
||||||working
in partnership
with The British Library. A youth team has been formed|
||||||to deliver the project and work with mentors
to interview
50 young
people,
to|
||||||record their
life stories, for archiving
in the British
Library
Oral History Sound|
||||||Archives.|
||Hardship|Support|||Originally
set up at the beginning
of the COVID pandemic
to provide
critical|
||||||practical
support
to young
people and their families,
such as food deliveries,|
||||||help
with
fuel costs, addressing
digital
poverty.
CHIVA received
a grant
to|
||||||provide
this practical
support.
Professionals
make
hardship
support
referrals|
||||||to CHIVA for individuals
with identified
needs.|
##
##
##
|For|the
ear end|ed 31 De|cember 2021||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|15.|Movements|in funds|(continued)||||||||||
||Unrestricted|projects|||||||||||
||Core||The wider work of the organisation||is supported
by unrestricted||||funding|||from|
||||our core investment|income,
and|any
unrestricted||grants
and|||sponsorship|||
||||income received. This|includes:|||||||||
||||A regional
support
programme
of||CHIVA|staff supporting||children||and|young||
||||people directly
in their|locality and|working|closely with|clinics
in different|||||parts|
||||ofthe UK.||||||||||
||||CHIVA
support
for|professionals
includes
delivering||||conferences||||and|
||||education
meetings,|developing|clinic|resources|and
guidelines|||||for|
||||professionals
and
families.
The||unrestricted
funds||also|cover||the general|||
||||costs of operating,
core staffing costs, and|||overheads.|||||||
||||CHIVA have been contracted
by||UNICEF|to provide|occasional|||training||and|
||||development
support|to professionals
working
with children||||and|young||people||
||||living with
HIV in other|countries.|||||||||
##
##
##
|Not|es to the financial|statements|||||||
|---|---|---|---|---|---|---|---|---|
|For|the
ear ended 31|December|2021||||||
|15.|Movements
in funds (continued)||||||||
||Prior year comparative||At 1||||Transfers|At 31|
||||January|||Gains/|between|December|
||||2020|Income|Expenditure|losses|funds|2020|
||||||||E||
||Endowment
funds:||||||||
||Expendable
endowments||||||||
||Drue Heinz Charitable||||||||
||Trust|||4,013,274|(4,454)|315,296|(600,000)|3,724,116|
||Total endowment|funds||4,013,274|(4,454)|315,296|(600,000)|3,724,116|
||Restricted funds||||||||
||Art is Key||14,825|19,500|(3,730)|||30,595|
||Life Growing
Up||||||||
||Performances||2,958|3,850|(4,893)|||1,915|
||South West Project||8,619||(3,927)|||4,692|
||Summer
Camp Project||6,038|576|(6,614)||||
||BBCChildren
in Need||||||||
||England||25,778|48,808|(43,308)|||31,278|
||BBCChildren
in Need||||||||
||Wales||4,888|10,000|(7,630)|||7,258|
||BBCChildren
in Need||||||||
||North West||8,246|10,000|(9,734)|||8,512|
||Treat Me Like This||988|||||988|
||HYPNet||1,628|||||1,628|
||Conference|||19,800|(19,800)||||
||Hardship
Support|||15,459|(10,209)|||5,250|
||Total restricted funds||73,968|127,993|(109,845)|||92,116|
||Unrestricted
funds||||||||
||General funds||129,407|49,385|(139,949)||600,000|638,843|
||Total unrestricted|funds|129,407|49,385|(139,949)||600,000|638,843|
||Total funds||203,375|4,190,652|(254,248)|315,296||4,455,075|
##
##
|Financial|instru|ments
at|fair|val|ue||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||f.||
|Financial|assets|measured|at|fair|value|-|listed|investments|8,012,328|3,535,977|
##