2022-08-31-accounts

Legal and	administrative	details
From the	Chair and CEO
Trustees'	report
Financial	review
Independent Auditors'		report
Financial	statements

Legal &Administrative as at 31stAugust 2022	Legal &Administrative as at 31stAugust 2022	Details
Charity Name:		The Children's Literacy Charity
Company	Number:	6251103
Charity Number:		1124257
Registered	Address:	Conrad Court, Cary Avenue, London SE167EJ
		Telephone: 020 7740 1008
		Email: [e-mail].	uk
		Website: www. thechildrensliteracycharity.				org.uk
Patrons:		Sarah, Duchess ofYork
		The Lord Harris of Peckham
		The Lord Hastings ofScarisbrick CBE
		The Lord Lingfield
		Noel Gordon
		Margaret McVeigh
Trustee Board:		For the purposes of the Companies		Act	2006, the Board of
		Trustees is regarded as the Board of Directors				of the company.
		The Trustees of the company	throughout		the	year and to the
		date of signing this report are as follows:
		Jeffrey Defries (Chair)
		Steven Artist (Deputy Chair)
		Andrew Martin
		Neal Lodhia (resigned 22 June	2022)
		Dr Jenny Thomson
Senior Management:		Isabel Greenwood -CEO
		Halima Begum —Head of Finance
		Michelle Bennett —Head of Fundraising
		Julie Taylor —Education Lead
Bankers:		Lloyds Bank pic
		34 Moorgate, London EC2R 6PL
		Scottish Widows
		25 Gresham Street, London EC2V 7HN
Auditors:		Begbies Chartered Accountants	and Registered			Auditors
		9 Bonhill Street, London EC2A	4DJ

			Unrestricted	Restricted	Total 2022	Total 2021
		Note	F	F	F	F
Income and endowments	from:
Donations & Legacies		2a	116,393	11,400	127,793	89,813
Charitable activities		2b	123,858	218,922	342,780	322,164
Trading activities —sponsorship			10,000		10,000
Other Income —CJRS						20,397
Investments (bank Interest)			34		34	17
Total Income			250,285	230,322	480,607	432,391
Expenditure on:		4&5
Raising Funds			86,457	0	86,457	57,102
Charitable Activities			151,632	230,322	381,954	314,689
Total Expenditure			238,088	230,322	468,410	371,791
Net Income/(Expenditure)			12,197	0	12,197	60,600
Net Movement in funds			12,197	0	12„197	60,600
Reconciliation in Funds
Total Funds brought Forward			302,423	0	302,423	241,823
Total Funds carried Forward		10&11	314„619	0	314,619	302,423

			Total 2022	Total 2021
		Note
Fixed Assets
Tangible assets			2,913	6,297
			2,913	6,297
Current Assets
Debtors			14,109	4,112
Cash at Bank			399,937	432,035
			414,046	436,147
Liabilities
Creditors: Amounts	falling due within one year	9	(102,340)	(140,021)
Net Current Assets			311,706	296,126
Net Assets			314,619	302,423
Funds ofthe Charity
Restricted
General		10	194,619	182,423
Designated		10	120,000	120,000
Total Funds			314,619	302,423

							Note	Total 2022	Total 2021
Cashflows from	operating activities:
Net Cash provided by (used in) operating			activities				8a	(32,133)	141,171
Cashflows from	investing activities:
(Purchase)/sale	oftangible Fixed Assets								(6,530)
Interest from investments								34	17
Net cash provided by investing activities								(32,098)	134,658
Change in cash	and cash equivalents	in	the	reporting	period			(32,098)	134,658
Cash and cash	equivalents at the beginning			ofthe reporting		period		432,035	297,377
Cash and cash	equivalents at the	end	of	the reporting		period	8b	399,936	432,035
Reconciliation	of net debt
The charity had	no net debt in the	current		or prior	year.

2a. Donations	and Legacies
		Notes	Unrestricted	Restricted	Total 2022
Donations			27,141		27,141
Legacies			49,927		49,927
Trusts/Foundations/Corporates			32,969	11,400	44,369
Sponsorships			6,356		6,356
			116,393	11,400	127,793
		Notes	Unrestricted	Restricted	Total 2021
Donations			30,075		30,075
Trusts/Foundations/Corporates			55,289	3,400	58,689
Sponsorships			1,049		1,049
			86,413	3,400	89,813
2b. Charitable	Activities	Notes	Unrestricted	Restricted	Total 2022
					F
Trusts/Foundations/Corporates				218,922	218„922
Fees from schools/parents			118,267		118,267
Training activities			5,591		5„591
			123,858	218,922	342,780
		Notes	Unrestricted	Restricted	Total 2021
				E	F
Trusts/Foundations/Corporates				207,287	207,287
Fees from schools/parents			113,675		113,675
Training activities and conferences			1,202		1,202
			114„877	207,287	322,164

		Unrestricted	Restricted	Total 2022	Unrestricted	Restricted	Total 2021
Within Donations (note 2a)
Informa		4,979		4,979	14,695		14,695
SE Franklin Charity Trust			8,000	8,000
Donald Forrester Trust					5,000		5,000
Girdlers' Company Charitable	Trust	4,547		4,547
SELCHP Ltd			3,400	3,400		3,400	3,400
Wellington Management UK Foundation					11,000		11,000
Anonymous					10,000		10,000
Other grants f3000 and under		23,443		23,443	14,594		14,594
Total Grants - Donations		32,969	11,400	44,369	55,289	3,400	58,689
Within Charitable Activities	(note 2b)					F
Deferred income brought forward		0	124,785	124,785	0	55,833	55,833
Receivable during the year
TTEES Man Group Pic		0	0	0	0	25,000	25,000
The Zochonis Charitable Trust		0	25,000	25,000	0	25,000	25,000
Girdlers' Company Charitable	Trust	0	8,000	8,000	0	8,000	8,000
St Giles &St George (inc. deferred)		0	0	0	0	15,833	15,833
The Swire Charitable Trust		0	0	0	0	15,000	15,000
DCR Allen Charitable Trust		0	0	0	0	3,000	3,000
Garfield Weston Foundation		0	25,000	25,000	0	25,000	25,000
Wellington Management UK Foundation		0	35,000	35,000	0	20,000	20,000
Charterhouse in Southwark (inc. deferred)		0	5,000	5,000	0	5000	5000
Masonic Charitable Foundation	(inc. deferred)	0	21,456	21,456	0	21,456	21,456
Houlihan Lokey (inc. deferred)		0	0	0	0	90,000	90,000
Barings LLC (inc. deferred)		0	50,000	50,000	0	16,800	16,800
Unum		0	5,000	5,000	0	0	0
Other grants 83000 and under		0	6,000	6,000	0	6 150	6,150
Deferred Income carried forward (See note 9b)		0	(86,319)	(86,319)	0	(124,785)	(124,785)
Total Grants - Charitable Activities		0	218,922	218,922	0	207,287	207,287

	Raising	Charitable		Raising	Charitable
	Funds	Activities	Total 2022	Funds	Activities	Total 2021
	F	F	F	F	E	E
Direct Costs	75,646	303,738	379,385	49,062	248,224	297,285
Support Cost	10,810	78,215	89,026	8,040	66,465	74,505
Total	86,457	381,954	468,410	57,102	314,689	371,791

b. Analysis ofSupp	ort Costs
	Raising	Charitable		Raising	Charitable
Support Costs	Funds	Activities	Total 2022	Funds	Activities	Total 2021
	E					F
Staff	3,327	24,074	27,401	2,811	23,235	26,045
Office/IT	1,997	14,452	16,450	1,555	12,854	14,409
Finance	23	164	187	9	74	83
HR/Admin	437	3,159	3,595	838	6,926	7,763
Governance	4,244	30,709	34,954	2,709	22,390	25,099
Communications	782	5,657	6„439	119	987	1,106
Total	10,810	78,215	89,026	8,040	66,465	74,505

			Total 2022	Total 2021
			F	E
Depreciation		(see Note 6)	3,384	3,066
Premises	and	Office costs	16,450	14,409
Auditors	remuneration		4,440	4,440

		Total 2022	Total 2021
Salaries		355,879	301,357
Social Security Costs		16,642	7,993
Pension Costs		5,939	4,560
Redundancy	costs	10,000
Total		388,460	313,910

6.Fixed Assets
	Office 8 General	Fixtures
	Equipment	8 Fittings	Total
Cost:		F	E
At 1st September 2021	24,671	428	25,099
Additions			0
Disposal
As at 31stAugust 2022	24„671	428	25,099
Depreciation:
At 1st September 2021	18,375	428	18,803
Disposal
Charge for the period	3,384		3,384
As at 31stAugust 2022	21,759	428	22,187
Net Book Value
At 1stSeptember 2021	6,297		6,297
At 31stAugust 2022	2,913		2,913

		2022	2021
Tax reclaimed	on gift aid donations	2,244	2,080
Debtors control	account	3,280	500
Other debtors		5,033	460
Prepayments		3,552	1,071
Total		14,109	4,112

				Total 2022	Total 2021
Net income	for the	reporting	period (as per SOFA)	12,197	60,600
Adjustments	for:
Depreciation				3,384	3,066
Interest				(34)	(17)
(Increase)/Decrease		in debtors		(9,998)	4,505
Increase/(Decrease)		in creditors		(37,681)	73,018
Net cash used by operating			activities	(32„133)	141,171
8b. Analysis	ofcash and cash equivalents

	Total 2022	Total 2021
Current Account	359„763	392,109
Deposit Accounts	39,954	39,920
Petty Cash	219
	399„937	432,035

						Total 2022	Total 2021
Tax and	social security					4,933	4,278
Accruals						4,440	5,821
Deferred	income	(see note			9b)	89,919	128,385
Pension						1,199	1,063
Other creditors						1,848	474
						102,340	140,021
9b. Deferred lncorne
						Total 2022	Total 2021
Brought	Forward					128,385	55,833
Transferred toincome during the year
Grants						(83,385)	(55,833)
Schools	fees paid		in advance			3„600	3,600
Grants deferred		in	year			41,319	124,785
Carried	Forward					89,919	128,385
Deferred	grants	are broken			down as follows:
						Total 2022	Total 2021
St Giles	8 St George						5,833
Charterhouse in		Southwark				5„000	5,000
Houlihan	Lokey					45„000	90,000
Masonic	Charitable		Foundation			7,152	7,152
Barings	LLC					29,167	16,800
Total Grants Received				in	advance	86,319	124,785

			Balance at 01.09.21	Incoming	Outgoing	Transfers	Balance at 31.08.22
Unrestricted Funds				F	E		F
Designated Fund			120,000	0	0		120,000
General Funds			182,423	250,285	(238,088)		194„619
Total Unrestricted		Funds	302,423	250,285	(238,088)	0	314,619
Restricted Funds
Education			0	230,322	(230,322)
Total Restricted		Funds	0	230,322	(230,322)
Total Funds			302,423	480,607	(468,410)	0	314,619
2021 Comparative
			Balance at 01.09.20	Incoming	Outgoing	Transfers	Balance at 31.08.21
Unrestricted Funds			E		F		F
Designated Fund			120,000		0		120,000
General Funds			121,823	201,307	(140,707)		182,423
Total Unrestricted		Funds	241,823	201,307	(140,707)	0	302,423
Restricted Funds
Education			0	231,084	(231,084)
Total Restricted	Funds		0	231,084	(231,084)
Total Funds			241,823	432,391	(371,791)	0	302,423

		General	Designated	Restricted	Total 2022
Fixed Assets		2,913			2„913
Current	Assets	207,727	120,000	86,319	414,046
Current	Liabilities	(16,021)		(86,319)	(102,340)
		194,619	120„000		314,619
2021 Comparative		General	Designated	Restricted	Total 2021
Fixed Assets		6,297			6„297
Current	Assets	191,362	120,000	124,785	436,147
Current	Liabilities	(15,236)		(124,785)	(140,021)
		182,423	120,000	0	302,423

erating leases	as follows:
				Total 2022	Total 2021
Operating leases	which expires:				E
Office Equipment	(photocopier	lease)	within one year		607
Office Equipment	(photocopier	lease)	2- 5Years
					607

		Unrestricted	Restricted	Total 2021	Total 2020
		F		E
Income and endowments	from:
Donations 8 Legacies		86,413	3,400	89,813	88,185
Charitable activities		114,877	207,287	322,164	328,709
Other Income —CJRS grant			20,397	20,397	68,723
Investments (bank Interest)		17		17	202
Total Income		201,307	231„084	432,391	485,818
Expenditure on:
Raising Funds		57,102		57,102	69,172
Charitable Activities		83,605	231,084	314,689	370,076
Total Expenditure		140,707	231,084	371,791	439,248
Net Income/(Expenditure)		60,600		60,600	46,571
Reconciliation in Funds
Net Movement in funds		60,600		60,600	46,571
Total Funds brought Forward		241,823		241,823	195,252
Total Funds carried Forward		302,422		302„422	241,823