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|Directors||||||
|---|---|---|---|---|---|
||||Mark Hancock|||
||||Julian Smith|||
||||Katie Bond|||
||||Hugh Bullock|||
||||Chris Adcock (resigned 14April 2021)|||
||||Sandra Skeete (resigned 18November||2020)|
|Secretary|||Hugh Bruce-Watt|||
|Registered|Office||1Lancaster Place|||
||||Strand|||
||||London|||
||||WC2E 7ED|||
|Company|registration|number|06455755|||
|Charity number|||1130880|||
|Auditors|||Saffery Champness|LLP||
||||71Queen Victoria|Street||
||||London|||
||||EC4V 4BE|||
|Bankers|||Coutts 5Co|||
||||440 Strand|||
||||London|||
||||WC2R OQS|||
|Solicitors|||Trowers and Hamlins|||
||||3 Bunhill<br>Row|||
||||London|||
||||EC1Y8YZ|||





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||Notes|2021|2020|
|---|---|---|---|
|Income from:||||
|Charitable<br>activities||184,815|1,147,762|
|Other||162|881|
|Total income||184,977|1,148,643|
|Expenditure<br>on:||||
|Charitable<br>activities||96,051|89,458|
|Total expenditure||96,051|89,458|
|Other gains and losses|||(320,625)|
|Net income forthe year||88,926|738,560|
|Net movement<br>in funds||88,926|738,560|
|Total funds brought forward||5,591,634|4,853,074|
|Total funds carried forward||5,680,560|5,591,634|





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||||Notes|2021|2020|
|---|---|---|---|---|---|
|Fixed assets||||||
|Tangible assets||||5,197,989|5,081,000|
|Current assets||||||
|Debtors||||26,847|7,970|
|Cash at bank||||471,335|527,975|
|Current<br>liabilities||||||
|Creditors|||10|(15,611)|(25,311)|
|Net current|assets|||482,571|510,634|
|Net assets||||5,680,560|5,591,634|
|Reserves||||||
|Unrestricted|genera|I fund||5,680,560|5,591,634|
|Net funds||||5,680,560|5,591,634|





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|||||2021||2020|
|---|---|---|---|---|---|---|
|||Notes||f||f|
|Net cash provided<br>by/(used|in)|||60,187||1,073,018|
|operating<br>activities|||||||
|Cash flows from investing|activities||||||
|Purchase oftangible assets|||(116,989)||(914,241)||
|Interest received|||162||881||
|Net cash used in investing|activities|||(116,827)||(913,360)|
|Net (decrease)/increase<br>in|cash|||(56,640)||159,658|
|Cash at the beginning<br>ofthe year||||527,975||368,317|
|Cash at the end ofthe year||||471,335||527,975|





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|3.|Income from charitable|Income from charitable|Income from charitable|activities|activities|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||2020|
||||||||||f|
||Donation|from Duchy ofLancaster|||||||1,000,000|
||Rent receivable||from affordable|||housing||184,815|147,762|
|||||||||184,815|1,147,762|
|4.|Other|||||||||
|||||||||2021|2020|
||Bank interest|||||||162|881|
|||||||||162|881|
|5.|Charitable|activities||||||||
||||||||||2020|
||||||||||f|
||Property|maintenance||and|repairs|||59,240|56,398|
||Property|management||fees||||14,181|15,331|
||Other legal and||professional||fees|||8,295|5,300|
||Bank charges|||||||||
||Audit fees|||||||5,700|6,550|
||Insurance|costs||||||8,290|5,879|
||Bad and|doubtful|debts|||||345||
|||||||||96,051|89,458|
||Other gains and||losses|||||||
||fixed asset investments|||||||||
|||||||||2021|2020|
|||||||||f|f|
||Changes|in the fair value of|||investment||properties||(320,625)|





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|Tangible fixed assets||
|---|---|
||Land and|
||Buildings|
|Cost||
|At 1April 2020|5,081,000|
|Additions|116,989|
|Revaluation||
|At 31March 2021|5,197,989|



|Debtors|||
|---|---|---|
||2021|2020|
|Other debtors|26,847|7,970|
||26,847|7,970|





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|Creditors|||
|---|---|---|
||2021|2020|
||f|f|
|Creditors|15,611|25,311|
||15,611|25,311|



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|||||Investments||Transfers|As at31|
|---|---|---|---|---|---|---|---|
||As at 1|Incoming|Outgoing|Gains/||between|March|
||April 2020<br>E|resources<br>f|resources<br>f|(losses)<br>f||funds<br>f|2021<br>f|
|Unrestricted||||||||
|funds:||||||||
|General funds|5,591,634|184,977|(96,051)||||5,680,560|
||5,591,634|184,977|(96,051)||||5,680,560|



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|||||2021|2020|
|---|---|---|---|---|---|
||||||f|
|Net income/(expenditure)||for the reporting|period|88,926|738,560|
|Adjustments<br>for:||||||
|Interest received||||(162)|(881)|
|(Increase)/decrease|in debtors|||(18,877)|(2,666)|
|Increase/(decrease)|in creditors within one||year|(9,700)|17,380|
|(Gain)/loss<br>on investment||property|||320,625|
|||||60,187|1,073,018|