##
|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|
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||||||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|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||
##
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|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|
|9|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|