| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe charity, its Trustees and advisers | ||
| Trustees' report |
2-13 | ||
| Trustees' responsibilities statement |
14 | ||
| Independent auditors' |
report | on the financial statements | 15-18 |
| Statement offinancial | activities | 19 | |
| Balance sheet | 20 | ||
| Statement ofcash flows | 21 | ||
| Notes to the financial | statements | 22-39 |
| Trustees | Mare Abraham | (appointed | (appointed | 30June 2022) | 30June 2022) | 30June 2022) | 30June 2022) | ||
|---|---|---|---|---|---|---|---|---|---|
| Mohima Ahmed | (appointed 30June | 2022) | |||||||
| Emma Darcy (appointed | 20 February 2023) | ||||||||
| James Garnett | (appointed | 20 February | 2023) | ||||||
| Rebecca Garrod-Waters | (appointed | 20 | February 2023) | ||||||
| Luisa Gockel (appointed | 20 February 2023) | ||||||||
| Ms Valerie Hannon (resigned 23 |
March | 2023) | |||||||
| Ms Iris Lapinski | (resigned | 23 March | 2023) | ||||||
| Ms Andrea Sinclair | |||||||||
| Company | registered | ||||||||
| number | 06560779 | ||||||||
| Charity registered | |||||||||
| number | 1133656 | ||||||||
| Registered | office | c/o RPG Crouch Chapman | |||||||
| 14-16Dowgate | Hill | ||||||||
| London | |||||||||
| EC4R 2SU | |||||||||
| Company | secretary | Ms Verity Williams | |||||||
| Chief executive officer | Ms Natalie Moore | ||||||||
| Independent | auditors | RPG Crouch Chapman | LLP | ||||||
| Chartered Accountants |
and Registered | Auditor | |||||||
| 14-16Dowgate | Hill | ||||||||
| London | |||||||||
| EC4R 2SU | |||||||||
| Bankers | HSBC Pic | ||||||||
| 100Old Broad | Street | ||||||||
| London | |||||||||
| EC2N 1BG | |||||||||
| Solicitors | Cleary Gottlieb | Steen & | Hamilton | LLP | |||||
| 2 London Wall | Place | ||||||||
| London | |||||||||
| EC2Y 5AU |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | |||||||
| Income from: | |||||||
| Donations and |
legacies | 153,667 | 373,815 | 527,482 | 491,223 | ||
| Investments | 49 | 49 | 68 | ||||
| Other income | 2,668 | ||||||
| Total income | 153„716 | 373,815 | 527,531 | 493,959 | |||
| Expenditure on: |
|||||||
| Raising funds | 24,248 | 58,955 | 83,203 | 52,700 | |||
| Charitable activities |
127,645 | 315,185 | 442,830 | 439,364 | |||
| Total expenditure | 151,893 | 374,140 | 526,033 | 492,064 | |||
| Net income/(expenditure) | 1,823 | (325) | 1,498 | 1,895 | |||
| Transfers between |
funds | 15 | (325) | 325 | |||
| Net movement | in | funds | 1,498 | 1,498 | 1,895 | ||
| Reconciliation | of | funds: | |||||
| Total funds brought | forward | 377332 | 377,332 | 375,437 | |||
| Net movement | in funds | 1,498 | 1,498 | 1,895 | |||
| Total funds carried forward | 378,830 | 378,830 | 377,332 |
| Note | 2022f | 202/ | |||||
|---|---|---|---|---|---|---|---|
| Current assets | |||||||
| Debtors | 13 | 56,400 | 41,102 | ||||
| Cash at bank | and in hand | 397,426 | 393,371 | ||||
| 453,826 | 434,473 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 14 | (74,996) | (57,141) | ||||
| Net current | assets | 378,830 | 377,332 | ||||
| Total net assets | 378,830 | 377,332 | |||||
| Charity funds | |||||||
| Unrestricted | funds | 15 | 378,830 | 377,332 | |||
| Total funds | 378,830 | 377,332 |
| FOR THE YEAR ENDED 3 | 1AUGUST 2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 4,0't 0 | (227,012) | |
| Cash flows from investing | activities | |||
| Dividends, interests and rents from investments |
45 | 68 | ||
| Net cash provided by investing activities |
45 | 68 | ||
| Cash flows from financing | activities | |||
| Net cash provided by financing activities |
||||
| Change in cash and cash |
equivalents in |
the year | 4,055 | (226,944) |
| Cash and cash equivalents | at the beginning | ofthe year | 393,371 | 620,315 |
| Cash and cash equivalents | at the end of | the year | 397,426 | 393,371 |
| The notes on pages 22 to 39form part ofthese financial statements |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022 | 2022 | |
| Donations | 1,576 | 1,576 | |
| Grants | 152,091 | 373,815 | 525,906 |
| 153,667 | 373,815 | 527,482 | |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021f | 2021 | |
| Donations | 12,912 | 12,912 | |
| Grants | 82,533 | 395,778 | 478,311 |
| 95,445 | 395,778 | 491,223 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022f | 2022 |
| 49 | 49 |
| Unrestricted | Total |
| funds | funds |
| 2021 | 2021 |
| 68 | 68 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| Government | Grant - Furlough | 2,600 | 2,600 | ||
| Other incoming | resources | 68 | 68 | ||
| 68 | 2,600 | 2,668 |
| 2022f | 2021f | ||
|---|---|---|---|
| Auditor's | remuneration | 7,621 | 6,483 |
| Travel | 231 | ||
| 7,852 | 6,483 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 f |
2022 f |
2022f | ||
| Fundraising | -Travel | 137 | 334 | 471 |
| Fundraising | -Staff related costs (non-payroll) | 9,380 | 9,380 | |
| Fundraising- | wages and salaries | 6,494 | 58,621 | 65,115 |
| Fundraising | - Nl | 6,809 | 6,809 | |
| Fundraising | -pension costs | 1,428 | 1,428 | |
| 24,248 | 58,955 | 83,203 | ||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021f | ||
| Fundraising | -Staff related costs (non-payroll) | 1,960 | 1,960 | |
| Fundraising- | wages and salaries | 2,567 | 42,275 | 44,842 |
| Fundraising | - Nl | 4,583 | 4,583 | |
| Fundraising | -pension costs | 1,315 | 1,315 | |
| 10,425 | 42,275 | 52,700 |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total | |||
| 2022 | 2022 | 2022f | |||
| Communications | 14,283 | 34,445 | 48,728 | ||
| Core Costs | 29,991 | 72,917 | 102,908 | ||
| Education | & Engagement | 27,455 | 66,750 | 94,205 | |
| Impact | 7,965 | 19,365 | 27,330 | ||
| Leadership | 30,672 | 79,703 | 110,375 | ||
| Partner Training | &Support | 14,040 | 34,133 | 48,173 | |
| Platform | Development | 3,239 | 7,872 | 11111 | |
| 127,645 | 315,185 | 442,830 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | ||
| 2021 | 2021 | 2021 | ||
| Communications | 5,310 | 21,537 | 26,847 | |
| Core Costs | 15,696 | 76,784 | 92,480 | |
| Education &Engagement |
17,203 | 69,764 | 86,967 | |
| Leadership | 27,139 | 110,049 | 137,188 | |
| Partner Training | &Support | 1,882 | 36,772 | 38,654 |
| Plafform Development |
11,320 | 45,908 | 57,228 | |
| 78,550 | 360,814 | 439,364 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2022f | 2022f | 2022f | ||
| Communications | 48,728 | 48,728 | ||
| Core Costs | 40,220 | 62,688 | 102,908 | |
| Education 8 Engagement | 94,205 | 94,205 | ||
| Impact | 27,330 | 27,330 | ||
| Leadership | 84,220 | 26,155 | 110,375 | |
| Partner Training | 8 Support | 48,173 | 48,173 | |
| Platform Development |
11,111 | 11,111 | ||
| 353,987 | 88,843 | 442,830 | ||
| Activities | ||||
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2021 | 2021 | 2021f | ||
| Communications | 26,847 | 26,847 | ||
| Core Costs | 30,679 | 61,801 | 92,480 | |
| Education 8 Engagement | 86,967 | 86,967 | ||
| Leadership | 114,206 | 22,982 | 137,188 | |
| Partner Training | 8 Support | 38,654 | 38,654 | |
| Platform Development |
57,228 | 57,228 | ||
| 354,581 | 84,783 | 439,364 |
| Education & |
||||||
|---|---|---|---|---|---|---|
| Communica | Core | Engage- | ||||
| tions | Costs | ment | Impact | Leadership | ||
| 2022 F |
2022 | 2022f | 2022 | 2022 | ||
| Staff costs | 29,028 | 40,120 | 89,150 | 82,658 | ||
| Travel | 408 | 100 | 4,455 | 62 | ||
| Development | 8,433 | 600 | 27,330 | 1,500 | ||
| Event Costs | 4,359 | |||||
| Staff-related | costs (non-payroll) | 6,500 | ||||
| 48,728 | 40,220 | 94,205 | 27,330 | 84,220 | ||
| Partner | Plafform | |||||
| Training & |
Develop- | Total | ||||
| Support | ment | funds | ||||
| 2022 | 2022 | 2022 | ||||
| F | F | |||||
| Staff costs | 33,262 | 274,218 | ||||
| Travel | 1,070 | 6,095 | ||||
| Development | 13,841 | 11,111 | 62,815 | |||
| Event Costs | 4,359 | |||||
| Staff-related | costs (non-payroll) | 6,500 | ||||
| 48,173 | 11,111 | 353,987 |
| Communicati | Core | Education 8, |
|||
|---|---|---|---|---|---|
| ons | Costs | Engagement | Impact | Leadership | |
| 2021f | 2021 f |
2021 f |
2021 f |
2021 f |
|
| Staff costs | 30,679 | 83,430 | 114,206 | ||
| Travel | 102 | ||||
| Development | 24,180 | 3,425 | |||
| Event Costs | 2,667 | 10 | |||
| 26,847 | 30,679 | 86,967 | 114,206 |
| Partner | |||
|---|---|---|---|
| Training & |
Platform | Total | |
| Support | Development | funds | |
| 2021 f |
2021 f |
2021f | |
| Staff costs | 38,654 | 16,342 | 283,311 |
| Travel | 102 | ||
| Development | 40,886 | 68,491 | |
| Event Costs | 2,677 | ||
| 38,654 | 57,228 | 354,581 |
| Total | ||||
|---|---|---|---|---|
| Core Costs | Leadership | funds | ||
| 2022 | 2022f | 2022f | ||
| Staff costs | 26,673 | 26,155 | 52,828 | |
| Travel | 231 | 231 | ||
| Accountancy | 9,352 | 9,352 | ||
| Bank Charges | 332 | 332 | ||
| Insurance | 6,746 | 6,746 | ||
| PPS | 537 | 537 | ||
| Rent 8 Rates | 4,793 | 4,793 | ||
| Small Office | Equipment | 2,689 | 2,689 | |
| Phone & Internet | 6,021 | 6,021 | ||
| Staff-related | costs (non-payroll) | 5,314 | 5,314 | |
| Legal & Professional | ||||
| 62,688 | 26,155 | 88,843 | ||
| Total | ||||
| Core Costs | Leadership | funds | ||
| 2021 | 2021 | 2021 | ||
| Staff costs | 24,478 | 21,686 | 46,164 | |
| Travel | ||||
| Accountancy | 7,271 | 7,271 | ||
| Bank Charges | 324 | 324 | ||
| Insurance | 6,181 | 6,181 | ||
| PPS | 355 | 355 | ||
| Rent 8 Rates | 1,008 | 1,008 | ||
| Small Office | Equipment | 48 | 48 | |
| Phone &Internet | 5,790 | 5,790 | ||
| Staff-related | costs (non-payroll) | 5,051 | 1,296 | 6,347 |
| Legal 8 Professional | 11,295 | 11,295 | ||
| 61,801 | 22,982 | 84,783 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Wages and | salaries | 358,177 | 344,161 | ||
| Social security costs | 35,680 | 30,183 | |||
| Contribution | to defined | contribution | pension schemes | 6,541 | 5,871 |
| 400,398 | 380,215 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Directors | 3 | 3 |
| Staff | 10 | 10 |
| 13 | 13 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 2022 | 2021 | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 55,000 | 41,102 | |
| Prepayments | and accrued income | 1,400 | |
| 56,400 | 41,102 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Trade creditors | 6,647 | 6,636 | ||||
| Other creditors | 1,444 | 1,484 | ||||
| Accruals | and deferred | income | 66,905 | 49,021 | ||
| 74,996 | 57,141 | |||||
| 2022f | 2021 | |||||
| Deferred | income at 1 September | 2021 | 38,498 | 253,433 | ||
| Resources deferred during the year |
60,305 | 130,991 | ||||
| Amounts | released | from previous | periods | (38,498) | (345,926) | |
| 60,305 | 38,498 |
| Balance at 1 | Balance at | ||||||
|---|---|---|---|---|---|---|---|
| September | Transfers | 31August | |||||
| 2021 | Income | Expenditure | in/out | 2022 | |||
| Unrestricted | funds | ||||||
| General Funds - all funds |
377,332 | 153,716 | (151,893) | (325) | 378,830 | ||
| Restricted funds | |||||||
| BNY Mellon | 70,854 | (70,898) | 44 | ||||
| DeepMind | 5,000 | (5,015) | 15 | ||||
| Deutsche Bank | 7,500 | (7,518) | 18 | ||||
| 25,000 | (25,027) | 27 | |||||
| Jack Petchey | 11,528 | (11,545) | 17 | ||||
| Lego | 50,000 | (50,055) | 55 | ||||
| Raspberry Pi |
Foundation | (DFE) | 42,284 | (42,311) | 27 | ||
| Royal Sunalliance | 10,000 | (10,021) | 21 | ||||
| Sage Foundation | 7,000 | (7,030) | 30 | ||||
| SAP | 16,818 | (16,844) | 26 | ||||
| Siemens Pic | 20,000 | (20,017) | 17 | ||||
| Society ofthe | Holy Child | Jesus | 19,000 | (19,020) | 20 | ||
| WCIT | 9,300 | (9,308) | 8 | ||||
| BNYvia UWW | 79,531 | (79,531) | |||||
| 373,815 | (374,140) | 325 | |||||
| Total offunds | 377,332 | 527,531 | (526,033) | 378,830 |
| Balance at | Balance at | ||||||
|---|---|---|---|---|---|---|---|
| 1September | Transfers | 31August | |||||
| 2020 | Income | Expenditure | inlout | 2021 | |||
| E | |||||||
| Unrestricted funds |
|||||||
| General Funds |
375,437 | 86,176 | (79,652) | (4,629) | 377,332 | ||
| Restricted funds | |||||||
| Raspberry Pi Foundation |
(DFE) | 59,082 | (59,592) | 510 | |||
| Lego | 25,000 | (27,096) | 2,096 | ||||
| National Lettery Community |
|||||||
| Foundation | 221,020 | (221,796) | 776 | ||||
| HMRC Job Retention Scheme | 2,600 | (2,600) | |||||
| Deutsche Bank | 22,500 | (22,583) | 83 | ||||
| Jack Petchey | 5,763 | (5,763) | |||||
| Lightbulb Trust |
27,500 | (28,175) | 675 | ||||
| Sage | 5,000 | (5,032) | 32 | ||||
| SAP CSR | 7,672 | (7,742) | 70 | ||||
| SAP Funding | 19,741 | (20,128) | 387 | ||||
| SAP Community | Fund | 2,500 | (2,500) | ||||
| 398,378 | (403,007) | 4,629 | |||||
| Total offunds | 375,437 | 484,554 | (482,659) | 377,332 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022f | 2022f | |||||
| Current | assets | 453,826 | 453,826 | |||
| Creditors | due | within | one | year | (74,996) | (74,996) |
| Total | 378,830 | 378,830 |
| Analysis | of n | et ass | ets | between funds - prior year | ||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| Current | assets | 434,473 | 434,473 | |||
| Creditors | due | within | one | year | (57,141) | (57,141) |
| Total | 377,332 | 377,332 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Net income for the | year (as per Statement | of Financial Activities) | 1,498 | 1,895 | |
| Adjustments for: |
|||||
| Dividends, interests |
and rents | from investments | (45) | (68) | |
| Increase in debtors |
(15,298) | (18,706) | |||
| Increase/(decrease) | in creditors | 17,855 | (210,/33) | ||
| Net cash provided | by/(used | in) operating | activities | 4,010 | (227,012) |
| 2022 | 2021 | ||
|---|---|---|---|
| Cash | in hand | 397,426 | 393,371 |
| Total | cash and cash equivalents | 397,426 | 393,371 |
| At 1 | ||||||||
|---|---|---|---|---|---|---|---|---|
| September | At 31 | |||||||
| 2021 | Cash flows | August 2022 | ||||||
| Cash | at | bank | and | in | hand | 393,371 | 4,055 | 397,426 |
| 393,371 | 4,055 | 397,426 |