2020-12-31-accounts

Trustees			Lord Gus O'Donnell	- Chair	- Chair
			Matthew Brumsen
			David Gregson
			Andrew Haldane
			Edward Humpherson
			Clare Lombardelli
			Belinda Phipps
			Sir David Ramsden
			Damien Regent
			Jenny Scott
Charity	number		1130567
Company		number	06849844
Registered		office	South Bank Technopark
			90 London Road
			London
			SE1 6LN
Auditor			Alliotts LLP
			Friary Court
			13-21 High Street
			Guildford
			Surrey
			GU1 3DL
Bankers			Barclays Bank PLC
			Leicester
			M60 4EP
Solicitors			Weil, Gotshal & Manges		LLP
			110Fetter Lane
			London
			EC4A 1AY

			Page
Chair and	CEO's statement
Trustees'	report		2-8
Statement	ofTrustees'	responsibilities
Independent auditor's		report	10-13
Statement	offinancial	activities	14
Balance sheet			15
Statement	ofcash flows		16
Notes to the financial		statements	17-27

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
	Notes	F			F
Income from:
Donations and legacies		679,857	687,675	1,367,532	848,042	119,740	967,782
Charitable activities		30,850		30,850	37,070		37,070
Investments		214		214	731		731
Total income		710,921	687,675	1,398,596	885,843	119,740	1,005,583
Ex enditure on:
Raising funds		85,394		85,394	106,992	2,404	109,396
Charitable activities		401,738	373,095	774,833	566,654	99,836	666,490
Total resources
expended		487,132	373,095	860,227	673,646	102,240	775,886
Net incoming
resources before
transfers		223,789	314,580	538,369	212,197	17,500	229,697
Gross transfers
between funds		2,070	(2,070)
Net income for	the year/
Net movement	in funds	225,859	312,510	538,369	212,197	17,500	229,697
Fund balances at 1
January 2020		363,560	17,500	381,060	151,363		151,363
Fund balances	at 31
December 2020		589,419	330,010	919,429	363,560	17,500	381,060

				2020		2019
			Notes	F
Fixed assets
Tangible assets					9,153		3,434
Current assets
Debtors			12	18,695		30,503
Cash at bank and	in	hand		1,149,301		371,871
				1,167,996		402,374
Creditors: amounts		falling due within
one year				(257,720)		(24,748)
Net current assets					910,276		377,626
Total assets less	current liabilities				919,429		381,060
Income funds
Restricted funds			16		330,010		17,500
Unrestricted funds					589,419		363,560
					919,429		381,060

					2020		2019
				Notes	F		F
Cash flows from operating			activities
Cash generated		from operations		20		785,635		93,347
Investing	activities
Purchase	oftangible fixed assets				(8,419)		(1,980)
Investment	income received				214		731
Net cash	used	in investing	activities			(8,205)		(1,249)
Net cash	used	in financing	activities
Net increase in		cash and cash equivalents				777,430		92,098
Cash and	cash	equivalents	at beginning	ofyear		371,871		279,773
Cash and	cash	equivalents	at end of	year		1,149,301		371,871

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020	2020	2020	2019	2019	2019
Donations	and gifts	309,857		309,857	431,294		431,294
Grants		330,000	687,675	1,017,675	386,000	119,740	505,740
Donated goods and
services		40,000		40,000	30,748		30,748
		679,857	687,675	1,367,532	848,042	119,740	967,782
Donations	and gifts
Major gifts		285,256		285,256	272,281		272,281
General donations		6,591		6,591	16,856		16,856
Events income		7,615		7,615	104,678		104,678
Gift Aid		10,395		10,395	37,479		37,479
		309,857		309,857	431,294		431,294
Grants receivable for
core activities
Porticus		25,000		25,000	100,000		100,000
Power to Change					20,000		20,000
Golden Bottle Trust		5,000		5,000	1,000		1,000
Law Family	Charitable
Foundation		250,000	542,650	792,650	250,000		250,000
Oak Foundation			85,025	85,025		79,740	79,740
City Bridge			60,000	60,000		40,000	40,000
Garfield Weston					15,000		15,000
Huo Family	Foundation	50,000		50,000
		330,000	687,675	1,017,675	386,000	119,740	505,740

Unrestricted	Unrestricted
funds	funds
2020	2019
F	E
30,850	37,070

		Unrestricted	Unrestricted
		funds	funds
		2020	2019
Interest	receivable	214	731

		Unrestricted	Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2019	2019	2019
			F	F
~Fnndraisin
Staging fundraising	events		9,497		9,497
Other fundraising	costs	129	833	2,404	3,237
Staff costs		60,895	66,737		66,737
Support costs		24,370	29,925		29,925
Fundraising		85,394	106,992	2,404	109,396
		85,394	106,992	2,404	109,396

				Supporting	External	Research &	Total	Total
				Charities	Affairs	Policy	2020	2019
				F	F	F
Staff costs				132,235	52,267	222,087	406,589	320,131
Consultancy				20,043	37,096	9,910	67,049	73,881
Economic associates				75,258			75,258	54,727
Other				34,074	3,253	49,572	86,899	36,489
				261,610	92,616	281,569	635,795	485,228
Share ofsupport costs (see note 8)				37,178	16,049	49,692	102,919	149,481
Share ofgovernance			costs (see note
8)				13,118	5,185	17,816	36,119	31,781
				311,906	113,850	349,077	774,833	666,490
Analysis by		fund
Unrestricted		funds		181,462	98,233	122,043	401,738
Restricted	funds			130,444	15,617	227,034	373,095
				311,906	113,850	349,077	774,833
For the year		ended	31 December 2019
Unrestricted		funds		391,160	175,494			566,654
Restricted	funds			89,336	10,500			99,836
				480,496	185,994			666,490

Support c	osts
			Support	Governance	2020	Support	Governance	2019
			costs	costs		costs	costs
						F	F
Staff costs			8,956		8,956	39,440		39,440
Depreciation			2,700		2,700	3,994		3,994
Rent			50,160		50,160	45,878		45,878
Office supplies			13,078		13,078	13,672		13,672
Computer	running	costs	22,114		22,114	20,116		20,116
Subscriptions						2,979		2,979
Travelling	expenses		43		43	1,740		1,740
Insurance			741		741	535		535
Bank charges			81		81	118		118
Other staff	costs		13,374		13,374	45,687		45,687
Website development			10,000		10,000
Audit fees				4,680	4,680		3,360	3,360
Accountancy				947	947		2,920	2,920
Legal and	professional			36,534	36,534		30,748	30,748
			121,247	42,161	163,408	174,159	37,028	211,187
Analysed between
Fundraising			18,328	6,042	24,370	29,332	643	29,975
Charitable	activities		102,919	36,119	139,038	149,481	31,781	181,262
			121,247	42,161	163,408	178,813	32,424	211,237

The average monthly number ofemployees during	the year was:
	2020	2019
	Number	Number
Employment costs	2020	2019
Wages and salaries	408,413	361,899
Social security costs	41,168	39,488
Other pension costs	26,859	24,921
	476,440	426,308

The number ofemployees whose annual remuneratio	n was F60,000 or more were
	2020	2019
	Number	Number
F60,000 - F69,999		1
F100,000 - F109,999

11	Tangible fixed assets	Tangible fixed assets
					Fixtures and	Computers	Total
					fittings
	Cost
	At 1 January 2020				2,919	11,626	14,545
	Additions					8,419	8,419
	At 31 December 2020				2,919	20,045	22,964
	Depreciation and impairment
	At 1 January 2020				2,151	8,960	11,111
	Depreciation charged	in the year			402	2,298	2,700
	At 31 December 2020				2,553	11,258	13,811
	Carrying amount
	At 31 December 2020				366	8,787	9,153
	At 31 December 2019				768	2,666	3,434
12	Debtors
						2020	2019
	Amounts falling due	within	one year:
	Prepayments and accrued income					18,695	30,503
13	Creditors: amounts	falling due within one year
						2020	2019
					Notes
	Other taxation and social security					18,547	9,222
	Deferred income				14	210,500
	Trade creditors					7,534	3,558
	Accruals					21,139	11,968
						257,720	24,748
14	Deferred income
						2020	2019
	Arising from Oak Foundation		deferred	income		210,500

		Movement	in funds			Movement	in funds
		Incoming	Resources	Balance at		Incoming	Resources	Balance at
		resources	expended1	January	2020	resources	expended	31 December
								2020
The	Oak Foundation	79,740	(62,240)	17,500		85,025	(70,445)	32,080
City	Bridge	40,000	(40,000)		-	60,000	(60,000)
The	Law Family Charitable
Trust						542,650	(244,720)	297,930
		119,740	(102,240)	17,500		687,675	(375,165)	330,010

20	Cash generated from	operations	operations				2020	2019
	Surplus for the year						538,369	229,697
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities	(214)	(731)
	Depreciation and impairment oftangible			fixed assets			2,700	3,994
	Movements in working	capital:
	Decrease in debtors						11,808	5,542
	Increase/(decrease) in	creditors					22,472	(30,415)
	Increase/(decrease) in	deferred	income				210,500	(114,740)
	Cash generated from	operations					785,635	93,347
21	Analysis ofchanges	in net funds
	The charity had no debt during		the year.