2022-06-30-accounts - World Monuments Fund Britain Limited

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Trustees			Lord William Burlington	Lord William Burlington
			Ms Ann Chapman	Daniel
			Mr James Goold (elected 24 March 2022)
			Ms Hannah Kaye
			Mr William Loschert
			Mrs Monika Mclennan
			Ms Anna van Praagh
			Mrs Jacqueline Ranawake
			Ms Helene Marie	Shafran	(Chair)
			Mr Julian Sharpe
			Ms Sumayya Vally	(elected	9June 2022)
			Ms Sonali Wijeyaratne
Secretary			Mr John Darlington
Company	number		6730565
Charity number			1126578
Registered		Office	70 Cowcross Street
			London
			EC1M 6EJ
Independent		Auditors	Saffery Champness	LLP
			71Queen Victoria	Street
			London
			EC4V 4BE
Bankers			HSBC Bank Plc
			89 Buckingham Palace Road
			Belgravia
			London
			SW1W OQL

			Page
Report ofthe	Trustees		1
Independent	auditors'	report	22
Statement of	financial	activities	26
Balance sheet			27
Cash flow statement			28
Notes to the financial		statements	30

					Unrestricted	Restricted		2021
				Notes	Funds	Fund	2022 Total	Total
						f	f
Income from
Donations					207,457	125,248	332,705	323,242
Other trading					85,466		85,466	66,568
Investment Income					4,360		4,360
					297,283	125,248	422,531	389,810
Income from charitable			activities
Project grants and		contributions			2,868,488	255,609	3,124,097	763,711
Education
Total income					3,165,771	380,857	3,546,628	1,153,521
Expenditure on
Raising funds					175,504	104	175,608	26,402
Charitable Activities
Project expenditure					2,979,302	232,858	3,212,160	861,551
Education					5,360		5,360
Total expenditure					3,160,166	232,962	3,393,128	887,953
Net income/(expenditure)					5,605	147,895	153,500	265,568
Transfer between		funds			4,500	(4,500)
Net movement	in	funds			10,105	143,395	153,500	265,568
Balance brought	forward				417,411	571,066	988,477	722,909
Balance carried	forward				427,516	714,461	1,141,977	988,477

T30JUNE 2	022
				2022		2021
			Unrestricted	Restricted
		Notes	Funds	Fund	Total	Total
Fixed assets
Tangible Assets			330		330	769
Current assets
Debtors			49,739	30,250	79,989	108,174
Cash at bank			404,823	684,211	1,089,034	934,115
			454,563	714,461	1,169,023	1,042,289
Current liabilities
Creditors: amounts
falling due within one
year:			(27,375)		(27,375)	(54,581)
Net current	assets		427,187	714,461	1,141,648	989,708
Net assets			427,517	714,461	1,141,978	988,477
Represented	by:
Share Capital		9 .				1
Restricted Funds		10		714,461	714,461	571,066
Unrestricted
Funds			427,516		427,516	417,410
Total funds			427,517	714,461	1,141,978	988,477

				2022	2022	2021
			Notes	f	f	f
Cash flows from operating
activities:
Net cash provided by (used operating activities		in)	1		150,558	247,146
Cash flows from investing
activities:
Dividends, interest and rents from investments				4,360
Net cash provided by (used investing activities		in)			4,360
Change in cash and cash
equivalents in the reporting					154,918	247,146
period
Cash and cash equivalents	at
the beginning ofthe reporting					934,115	686,969
period
Cash and cash equivalents		at
the end ofthe reporting					1,089,033	934,115
period

1) Reconciliation	of net income/(expenditure)	of net income/(expenditure)	of net income/(expenditure)	to net cash	to net cash
flow from operating		activities
					2022	2021
					f	f
Net income for the per the statement	reporting offinancial		period (as activities)	153,500		265,568
Depreciation					439	439
Interest received				(4,360)
Decrease/(Increase)	in debtors				28,185	(25,631)
(Decrease)/Increase creditors	in			(27,206)		6,770
Net cash inflow/(outflow) from operating activity				150,558		247,146
Cash and cash equivalents
					2022		2021
					f		f
Cash at bank and on instant access deposit accounts					1,089,033	934,115
					1,089,033	934,115
2) Anal sis of chan	es in	net	debt As	at 1July 2021	Cash flows	Other non- As cash June	at30 2022
						changes
Cash and cash equivalents
Cash				934,115	154,918	1,089,033
Total				934,115	154,918	1,089,033

2. Analysis ofEx	penditur	e
			Project			Raising	Project
		Raising funds	expenditure	Education	Total 2022	funds	expenditure	Education	Total 2021
		E	E	E	E	E	E	E	E
Direct Costs
Project Expenditure			3,075,529		3,075,529		646,206		646,206
Fundraising		67,285			67,285	27,606			27,606
Support Costs
Staff costs		92,602	92,602		185,204	78,905	78,905		157,810
Legal and professional	fees		16,394		16,394		25,878		25,878
Travel and entertainment		1,318	13,108		14,426	592	592		1,185
Education				5,360	5,360
PR costs		423			423	634	634		1,267
Other office costs		13,980	14,088		28,068	13,668	13,894		27,562
Depreciation			439		439		439		439
		175,608	3,212,160	5,360	3,393,128	121,405	766,548		887,953

3	Total expenditure				2022	2021
	Total expenditure	is	shown after charging:		f
	Auditors remuneration				10,800	7,600
	Depreciation				439	439
4	Staff costs				2022	2021
	Average number of		employees	during the
	year
	Employees earning		between f80,000 and f90,000
					2022	2021
					f	f
	Staff costs:
	Wages 5Salaries				167,595	142,399
	Social security costs				14,171	12,373
	Pensions and other		Staff Costs		3,438	3,038
					185,204	157,810

		Computer	Furniture	&Other
		Equipment	Equipment		Total
		E		E
Cost
Brought forward	1July 2021	3,507		293	3,800
Additions
Disposals
At 30June 2022		3,507		293	3,800
Depreciation:
Brought forward	1July 2021	2,738		293	3,031
Depreciation —disposals
Charge for the year		439			439
At 30June 2022		3,177		293	3,470
Net book value
At 30June 2022		330			330
At 30June 2021		769			769

7	Debtors
				2022	2021
				E	E
	Other debtors
	Prepayments	&accrued income		49,739	23,107
				49,739	23,107
8	Creditors: Amounts		falling due within one year
				2022	2021
					E
	Trade creditors				481
	Tax and social	security		1,206	4,706
	Accruals			18,529	19,390
	Deferred Income			7,639	15,003
				27,375	39,581

Creditor	s: Amounts falling due within one year (continu	ed)
		2022	2021
		f	f
Deferred	income
Brought	forwards	15,003	15,303
Used in	the year
Outreach		7,723	300
Governance		213
Deferred	income carried forwards	7,639	15,003

Share Capital
		2022	2021
		E	f
Authorised ordinary	shares ofE1
Allotted, called up	and fully paid

Movement	s in restricted fun	ds
					Transfer
		At 1July	Incoming	Outgoing	between	At 30June
		2021	resources	resources	funds	2022
Algeria			21,000	(128)		20,872
Amendi		8,760				8,760
Antigua		1,368				1,368
Bennerly Viaduct		109,600	(12,100)	(96,940)		560
Bl ac kpoo I		6
Castle Howard		90,599				90,599
Charlton		7,928				7,928
Coventry	Cathedral	4,174				4,174
Coventry	Glass	50,151				50,151
llucidare		(1,155)				(1,155)
India			69,711	(49,755)		19,956
Kew			250,000	(50,067)		199,933
Lebanon		33,913	1,249	(13,050)		22,122
Mosely		132,236	24	(18)		132,242
Newstead		48	48			48
St Georges Bloomsbury		46,510				46,510
Stowe		9,000			(4,500)	4,500
Strawberry	Hill
Strata Florida		60,953	42,900	(13,510)		90,343
Yemen		13,013		(800)		12,213
Other Projects		3,962	4,137	(4,759)		3,340
		571,066	380,857	(232,962)	(4,500)	714,461

0 Move	ment in restricted	funds
						Transfer
		At1 July		Incoming	Outgoing	between	At 30June
		2020		resources	resources	funds	2021
Amendi		9,160			(400)		8,760
Antigua		1,368					1,368
Bennerly	Viaduct	(2,100)		212,100	(100,400)		109,600
Blackpool		6					6
Castle Howard		90,599					90,599
Charlton		7,928					7,928
Coventry	Cathedral	4,174					4,174
Coventry	Glass	50,151					50,151
Ilucidare		(1,155)					(1,155)
India		(9,000),		9,000'
Jordan
Lebanon		24		410,374	(376,485)		33,913
Mosely		132,236					132,236
Newstead							48
StGeorges Bloomsbury		46,510					46,510
Stowe Strata Florida		10,342 12	'	140,941'	(1,342) (80,000)		9,000 60,953
WMF VP		(14,715)				14,715
Yemen		(1,500)		93,621	(79,108)		13,013
Other Projects		3,962		300	(300)		3,962
		328,002		866,384	(638,035)	14,715	571,066

				Balance 1July				Balance 30June
				2021	Income	Expenditure	Transfer	2022
General	Fund			317,411	3,165,771	(3,160,166)	4,500	327,516
Designated			Funds
Fundraising		and	event
		support		100,000				100,000
				417,411	3,165,771	(3,160,166)	4,500	427,516
				Balance 1July				Balance 30June
Camparatives				2020	Income	Expenditure	Transfer	2021
General	Fund			'294,907	287,137	(249,918)	(14,715)	317,411
Designated			Funds
Fundraising		and event
		support		100,000				100,000
				394,907	287,137	(249,918)	(14,715)	417,411

13		Statement offinancial	activities comparatives
			Unrestricted	Restricted
			Funds	Fund	2021Total
Income from
Donations			185,494	137,748	323,242
Other trading			66,568		66,568
Investment Income
			252,062	137,748	389,810
Income from charitable'activities
Project grants and		contributions	35,075	728,636	763,711
Education
Total income			287,137	866,384,	1,153,521
Expenditure on
Raising funds			121,105	300	121,405
Charitable Activities
Project expenditure			128,813	637,735	766,548
Education
Total expenditure			249,918	638,'035	887,953
Net income/(expenditure)			37,219	228,349	265,568
Transfer between		funds	(14,715)	14,715
Net movement	in	funds	22,504	'243,064	265,568
Balance brought	forward 1July 2020		394,907	328,002	722,909
Balance carried	forward 30June 2021		417,411	571,066	988,477

				2021
			Unrestricted	Restricted
			Funds	Fund	Total
Fixed assets
Tangible Assets			769		769
Current assets
Debtors			23,107	85,067	108,174
Cash at bank			433,116	500,999	934,115
			456,223	586,066	1,042,289
Current liabilities
Creditors: amounts		falling due
within one year:			(39,581)	(15,000)	(54,581)
Net current	assets		416,642	571,066	987,708
Net assets			417,411	571,066	988,477
Represented	by:
Share Capital
Restricted Funds				571,066	571,066
Unrestricted	Funds		417,410		417,410
Total funds			417,411	571,066	988,477