| TRUSTEES | D Pratt (Chairman) |
|---|---|
| TBirch (Secretary) | |
| RFerguson (Treasurer) | |
| N Wilkie | |
| KWilliams | |
| RHolben | |
| C Wadd | |
| The Federation ofLondon Youth Clubs | |
| CHARITY NUMBER | 1130915 |
| PRINCIPAL OFFICE | 3 Heath Drive |
| Chems ford | |
| Essex | |
| CM2 9HA | |
| INVESTMENT ADVISORS | Sarasin &Partners |
| Juxon House | |
| 100StPauls Church Yard | |
| London | |
| EC4M 8BU | |
| BANKERS | CAF Bank Limited |
| 25 Kings Hill Avenue | |
| Kings Hill | |
| West Mailing | |
| Kent | |
| ME194JQ | |
| ACCOUNTANTS | Meyer Williams |
| Chartered Accountants |
|
| Stag House | |
| Old London Road | |
| Hertford | |
| SG137LA |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | |||||||
| Note | 31.7.2021 | 31.7.2020 | ||||||
| E | ||||||||
| INCOME | ||||||||
| Investment income |
52,231 | 59,734 | ||||||
| Total Income | f52,231 | f59,734 | ||||||
| EXPENDITURE | ||||||||
| Investment manager's |
fees | 5,919 | 5,618 | |||||
| Charitable Activities: |
||||||||
| Cost ofgrant making | 51,701 | 57,431 | ||||||
| Total Expenditure | R57,620 | f63,049 | ||||||
| Net expenditure | and | net movement | in funds | for the | ||||
| year before gains | and | losses on investments | (5,389) | (3,315) | ||||
| Net gains / (losses) | on | investments | 181,277 | (24,424) | ||||
| Net Income / (expendlture) and |
movement | in | ||||||
| funds for the year | 175,888 | (27,739) | ||||||
| Balances brought forward |
1,579,692 | 1,607,431 | ||||||
| Balances carried forward as at | 31July 2021 | f1,755,580 | f1,579,692 | |||||
| The total funds are | all | unrestricted | and | relate to | continuing | activities. |
| 31Jul | 2021 | 31 Jul | 2020 | |||
|---|---|---|---|---|---|---|
| Notes | ||||||
| TANGIBLE ASSETS: | ||||||
| Investments | 1,670,547 | 1,489,579 | ||||
| CURRENT ASSETS: | ||||||
| Debtors | 12,255 | 14,648 | ||||
| Cash at bank and in hand | 74,478 | 76,965 | ||||
| 86,733 | 91,613 | |||||
| CREDITORS: Amounts | falling | |||||
| due within one year | (1,700) | (1,500) | ||||
| NET CURRENT ASSETS: | 85,033 | 90,113 | ||||
| TOTAL ASSETSLESS | LIABILITIES: | K1,755,580 | f,1,579,692 | |||
| FUNDS: | ||||||
| Unrestricted Funds - General |
R1,755,580 | f.1,579,692 |
| 2021 | 2020 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income &om listed investments: | ||||||||||||
| Global equities and common | investment | funds | 52,210 | 59,660 | ||||||||
| Other interest receivable | 21 | 74 | ||||||||||
| 552 233 | f59,734 | |||||||||||
| 3 | ANALYSIS OF CHARITABLE ACTIVITY | |||||||||||
| 2021 | 2020 | |||||||||||
| The charity undertakes |
its | charitable | activities | through | grant | making | and | |||||
| awarded agrant in the |
year | to the following | institution: | |||||||||
| The Federation ofLondon Youth Clubs: | ||||||||||||
| Support for Youth involvement | projects | and Youth | Clubs | 50,000 | 51,071 | |||||||
| High Trees Community | Development | Trust | 800 | |||||||||
| Action on Disability | 800 | |||||||||||
| ECPAT UK | 800 | |||||||||||
| GT Scholars CIC | 800 | |||||||||||
| West Silvertown Foundation |
800 | |||||||||||
| XLP | 800 | |||||||||||
| 550 000 | 535 | 071 |
| Funded | from | unrestricted | reserves | |||||
|---|---|---|---|---|---|---|---|---|
| Grant | Governance | Support | Total | Total | ||||
| funded | Costs | Costs | 2021 | 2020 | ||||
| Activity | ||||||||
| Education | 50,000 | 1,620 | 81 | 51,701 | 57,431 | |||
| 50000 | 1 620 | 81 | 51 701 | 57 431 |
| GOVERNANCE COST | S | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Independent examination: |
||||||
| Current year Independent | examination | fee | 1,620 | 1,260 | ||
| Non Independent Examination |
fees | 240 | ||||
| 01,620 | 51 500 | |||||
| FIXEDASSETINVESTMENTS | ||||||
| Listed Investments | 2021 | 2020 | ||||
| Market value at I"August 2020 | 1,468,180 | 1,507,604 | ||||
| Additions in the year |
100,000 | |||||
| Disposals in the year | (87,940) | (15,172) | ||||
| Net movement gains/(losses) |
169,217 | (24,252) | ||||
| Market value at 31"July | 2021 | 1,649,457 | 1,468,180 | |||
| Cash held by investment | managers | for investment | 21,090 | 21,399 | ||
| 1 670 547 | 1489,579 | |||||
| Cost oflisted investments | at 31"July | 2021 | 81 149,228 | 5.1 137,595 | ||
| Listed investments at market value |
comprise: | 2021 | 2020 | |||
| Global Equities | 668,949 | 562,000 | ||||
| Common Investment Funds |
980,508 | 906,180 | ||||
| Cash held by Investment | managers | 21,090 | 21,399 | |||
| 81670547 | 81 489,579 |
| 6 | DEBTORS | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Prepayments | and accrued | income | 12&255 | 14,648 | |
| 022 255 | 514645 | ||||
| 7 | CREDITORS: Amounts | falling due within one year | |||
| 2021 | 2020 | ||||
| Other creditors | 80 | ||||
| Accruals | 2 620 | 2 500 | |||
| 62 700 | 52 500 |