|||Page||
|---|---|---|---|
|Repeat ofthe Trustees||||
|Independeat<br>Bsamineds Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes tothe Financial Statements|5|to|11|
|Detailed Statement ofFinancial Activities||||





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|||2020|2019|
|---|---|---|---|
|||Unrestricted|Total|
|||ftllltl|funds|
|INCOME ANDENDO~ FROM|Notes|||
|Donations<br>and legacies||187,908||
|EXPENDITURE ON||||
|Charitable<br>activities||||
|Grant making||538,655|423,941|
|Net gains on investments||303,321|825,126|
|NET INCOME/(EXPENDITURE)||(47,426)|401,186|
|RECONCILIATION OFFUNDS||||
|Total funds bmught forward||1.987,124|1,585.938|
|TOTAL FUNDS CARRIED FORWARD||1,939,698|1,987,124|





|||||„'-"-,.4..='8';.'-'-;"-.||||
|---|---|---|---|---|---|---|---|
||||Balance Sheet|||||
||||31Beceinber2020|||||
|||||..2020r;."„'!'.<br>':= 2019q<br>UnreaniCted<br>S~,rkTa(bir<br>fuhd<br>" "':4 'fiicds~||||
||||Notm|||||
|IIXKD|ASSETS|||||||
|Investments|||10|902,111'||' "438602||
|CURRKNTASSEIS||||||||
|Cash at|bank|||.'it' i+54,IVI|r.|1438,8422+||
|CSKi00CORS||||||||
|Amounts|fnllingdueudlthh|one reer||(10+84).'..||"'4' (10,320)Ir,||
|NETCURRENT ASSETS||||||||
|TOTALASSEIS LESSCURRKNT||||||1|~', ir.r:|
|LIA||||||||





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||DONATIONS AND LEGACIES|||||
|---|---|---|---|---|---|
|||||2020|2019|
||Donations|||187,908||
|3.|CHARITABLEA~S COSTS|||||
||||Grant|||
||||funding of|||
||||activities|Support||
|||Direct|(see note|costs (see||
|||Costs|4)|note 5)|Totals|
||Grant making|1,449|437,000|100,206|538.655|
|4.|GRANTS PAYABLE|||||
|||||2020|2019|
||Grant making|||437,000|340,846|





|||||for th|e year en|ded 31December 2|020|||
|---|---|---|---|---|---|---|---|---|---|
||GRANTS PAYABLE - continued|||||||||
||The total grants paid to||institutions|during|the year|was as follows:||||
|||||||||2020|2019|
||Peace First Inc|||||||65,000|24,846|
||BTBEducation<br>Limited||||||||30,000|
||Get Further Limited|||||||25,000|25,000|
||Keyfund federation||||||||35,000|
||The Difference|||||||35,000|30,000|
||The Real ly Neet PR|||||||35,000|36,000|
||The Roots Programme||||||||20,000|
||Weseehope|||||||50,000|105,000|
||Embassy ofBlackness|||||||2,000||
||Unloc Online|||||||30,000||
||Young Trustees Movement|||||||10,000|10,000|
||Challenge &Change Fund|||||||35,000||
||Lighthouse<br>Childrens|Home||||||35,000|25,000|
||lvly BestLife|||||||15,000||
||Lemning with Parents|||||||35,000||
||Whatever<br>it Takes|||||||30,000||
||Fair Education Alliance|||||||35,000||
|||||||||437,000|340,846|
|5.|SUPPORT COSTS|||||||||
|||||||||Governance||
|||||||Management|Finance|costs|Totals|
||Grant making|||||41,946|1,435|56,825|100,206|
||Suppott costs, included||in the above, are as follows;|||||||
|||||||||2020|2019|
|||||||||Grant|Total|
|||||||||making|activities|
||Wages|||||||39,733|41,836|
||Social security|||||||1,013|943|
||Pensions|||||||1,200|1,160|
||Bank charges|||||||1,435|961|
||Consulting<br>services|||||||53,625|33,482|
||Accountancy<br>and legal||fees|||||3,200|1,740|
|||||||||100,206|80,122|





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|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Wages and salaries|||||39,733|41,836|
|Social security costs|||||1,013|943|
|Other pension costs|||||1,200|1,160|
||||||41,946|43,939|
|The average monthly|number ofemployees||during|the year was as folloivs:|||
||||||2020|2019|
|Grant making|||||1|1|
|No employees<br>received emoluments||in excess off60,000.|||||
|COMPARATIVES FORTHESTA~ OF||||FINANCIAL ACTIVITIES|||
|||||||Unrestricted|
|||||||fund|
|INCOME ANDENDO~||FROM|||||
|Donations<br>and legacies|||||||
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|Grant making||||||423,941|
|Net gains on investments||||||825,126|
|NET INCOME||||||401,186|
|RECONCILIATION|OFFUNDS||||||
|Total funds bmught forward||||||1,586,938|
|TOTAL FUNDS CARRIED FORWARD||||||1,987.124|





## 

|TANGIBLE FIXEDASS|ETS||
|---|---|---|
|||Computer|
|||equipment|
|COST|||
|At<br>1 January 2020 and 31|December 2020|10,056|
|DEPRECIATION|||
|At 1 January 2020 and 31|December 2020|10,056|
|NBTBOOKVALUE|||
|At 31December 2020|||
|At 31December 2019|||
|HXEDASSETINVES~|||
|||Listed|
|||investments|
|MARKET VALUE|||
|Atl January 2020||458,602|
|Additions||145,908|
|Revaluations||297„601|
|At 31December 2020||902,111|
|NBTBOOKVALUE|||
|At 31December 2020||902.111|
|At 31 December 2019||458,602|
|There were no investment|assets outside the UK.||



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||||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
||Taxation|and|social security|||||||1,471|
||Other creditors||||||||16,584|8,849|
||||||||||16,584|10,320|
|12.|MOVEMENT|||IN FUNDS|||||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.1.20|in funds|31.12.20|
||Unrestricted||funds||||||||
||General|fund||||||1,987,124|(47,426)|1,939,698|
||TOTAL|FUNDS||||||1,987,124|(47,426)|1,939,698|
||Net movement|||in funds, included||in the above|are as follows:||||
||||||||Incoming|Resources|Gains and|Movement|
||||||||resources|expended|losses|in funds|
||Unrestricted||funds||||||||
||General|fund|||||187,908|(538,655)|303,321|(47,426)|
||TOTAL|FUNDS|||||187,908|(538,655)|303,321|(47,426)|
||Comparatives|||formovement|in funds||||||
||||||||||Net||
||||||||||ntovement|At|
|||||||||At 1.1.19|ill fultds|31.12.19|
||Unrestricted||fimds||||||||
||General|fund||||||1,585,938|401,186|1,987,124|
||TOTAL|FUNDS||||||1,585,938|401,186|1,987,124|





## 

|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund|||(423,941)|825,126|401,186|
|TOTAL FUNDS|||(423,941)|825,126|401,186|



## 



||||Detailed Statement ofFinancial Activities|||
|---|---|---|---|---|---|
||||for fne year ended 31December 2020|||
|||||2020|2019|
|INCOME ANDENDO~||||||
|Donations and|legacies|||||
|Donations||||]87,908||
|Total incoming|resources|||187,908||
|Charitable<br>activities||||||
|Subscriptions||||896|659|
|Consulting &Sofhvare||development|seivices|128||
|Travel||||425|2,314|
|Grants to institutions||||437,000|340.846|
|||||438,449|343,819|
|Support costs||||||
|Management||||||
|Wages||||39,733|41,836|
|Social security||||1,013|943|
|Pensions||||1,200|1,160|
|||||41,946|43,939|
|Finance||||||
|Bank charges||||1,435|961|
|Governance<br>costs||||||
|Consulting<br>services||||53,625|33,482|
|Accoimtancy|and legal fees|||3,200|1„740|
|||||56,825|35.222|
|Total resources|expended|||538,655|423,941|
|Net expenditure|before|gains and losses||(350,747)|(423,940)|
|Realised recognised gains and losses||||||
|Realised gains/(losses)||on fixed asset|invesiments|303,321|366,529|
|||||(47,426)|(57,411)|