THE CLINK CHARITY Limited by guarantee Registered Charity Number 1134581 Registered Company Number 07157540 (England and Walesl CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 THE CLINK CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 Contents Pages Trustees. officers. and advisers Report of the Iiuslees 3-14 Report of the aLJditors 15-18 Consolidated St*emenl of finan¢ial a¢tivitie$ and in¢ome and expenditure a¢¢ounl 19 Balance sheets 20 Consolidated Cash flow Statement 21 Notes lo the finan¢ial statements 22-33 THE CLINK CHARITY TRUSTEES, OFFICERS, AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021 Trustees W Alkin50n R Davidson B Ignj8lovic C Juman K McGiath S Moharnmed F S¢ott T Wates D Walker (resigned 20th May 20221 lappoinled 9th De¢ember 20211 (resigned 31 * August 20211 (appointed 16th Mar¢h 20211 Règistèrèd Officè No. 1 London Bridge London SE1 9BG Chièf ExÈeutiv• C Moore Y M Thomas Iièsignéd 3151 Deoembei 20211 lappointed 23rd March 20221 Company Sècr&tary D Whitworth Bank8Ys Coutts & Co 440 Strand London WC2R OQS Nat West 135 Bishopsgate London EC2M 3UR Solicitors Howard Kennedy LLP No 1 London Bridge London SE19BG Audltors Moore Kingston Smith LLP 9 Appold Street London EC2A 2AP THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Chair's Ststement Reoffending rem8ins one of the most piessing challenges facing society today. The financial imp8cI upon the UK economy is eslirnaled as £18.1 billion per ye81 and being a m81oi fador in In¢ieasing the chasm in society between the haves and have nots. The Clink Ch8rity delivers an Inlegraled training and support piogratnme that significanlly reduces reoffènding by produ¢ing exoellent QLrtcomes across our training restaurants, kitchens, gardens, and events proie¢ts. RÉdLJcing crimè and improving livès is at thè heart of what The Clink doès. Our latest init13tivè, Clink Kitchens starting in April 2021 in partnership with HMPPS and underlines the impact The Clink Charity has had over the last eleven years. l am delighted to announce that we are building upon the success of our innovative Clink Kitchens project and rolling it OLrt across the prison estate. The Clink Kitchens programme will be live in one third of the prison estate in 2022, with plans to further expand in 2023. This will increase the number of students we can train to c.750 each year who we will support into full-time employmènt. Our professional chef trainer assesstsrs will work with trainees to help them achieve City & Guilds certificates Ifor shorter and community sentenced prisoners) and NVQ Levels 1, 2 and 3 for those serving longer sentences. The significant coverage of Clink Kitchens will enable trainees to move prisons as they progress in their sentence, and sts'll access their Clink Krtchens training. Our training supports Clink students in prison to both achieve work-related qualificats'ons and to work in a disciplined employment environment while training. Our support workers help trainees to rebuild links with their farnilies as well as preparing them for release by making sure they have sornewhere to live on release and are on the path to ernployment. Rehabilitation is a complex process. By supporting graduates for at least a year after release, The Clink Charity makes sure that graduates have the best possible chance of success thus benefitting them, their families and preventing future victirns of crime. 2021 has created challenges for The Clink because of the pandemic. We suspended delivering the training al our sites on 23rd March 2020, except at HMP Brixton and HMP Send where we continued training in some capacity throughout the period. We restarted limited training at our other sites in August 2021. Clink Events rernained closed until restrictions had been lifted. Our work in the cornmunity continued. by supporting our graduates through regular contact, atternalive employment as hospitality had closed and by providing vital financial support lo those who needed it. I would like to thank our very generous funders- largely granl-rnainlaining trusts and philanthropic individuals-who have continued lo support us during the pa51 year as well as providing continuing funding lo support new requirements such s a graduate hardship fund. These 8ddrtion81 funds have meant that our charitable operations ended the ye8r in 8 secure financial p0511ion. Our Sènior Leadèrship Team and staff respondéd inoredibly during uncertain times, showing flexibility, innov3tion. and resilience. They kept In touch with our key partner HMPPS throughout to ensuie that we could restart training in Individual prisons al the earliest opportunity. I would also like lo th8nk HMPPS st8ff who worked tirelessly throughout the p8ndernic in extremely challenging Circumstances, I would like to thank our former Chièf ExÈeutivè, Christopher Moorè and our Finan¢e Director, Debbiè INhitworth. lor their hard work, dedication, and support during the last year. They have had an incredibly challenging time and have shown trernendous resilience and leadership in the most challenging year I can rec811. Christopher moved on lo pastures new in December 2021 following 11 yèars at the helm of thè charity. I would like to takè this opportunity to formal￿ welcome Yvonne Thomas, OLJr new Chief Executive who joined us in January 2022. I would also like lo thank Rosie Davidson and Shabaz Mohammed for their invaluable support lo the Charity, the trustees and the Senior Leadership Team since 2013 and 2018 respectively. I would also like to thank OLJr partners the Ministry of Justiee, HM Prison and Probation Service, the employers we work with who are prepared to give our graduates a chance and the hospitality and food industry who continue to support is in many different ways Everyone involved has played an integral part in helping us change the many miscon￿ptIOnS that surround prisoner rehabilitation. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The Clink has continued to demonstrate what be achieved when society collectively engages lo help those who want and deserve 8 Second chance. Vlfilh the help of our funder5. partners. and friends, we will ￿ntInue lo help people who have offendèd to bleak the eyele of reoffending through training, employment, and support, and help them to help themselves lo build a brighter future. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Chief Ex￿UtIVe,s Report This is my first report as Chief Exe¢utive and I would like to thank and ¢ommend my prede¢essor, Chris Moore, for steering the charity through an incredibly difficult period. Despite the most challenging year most of LJS can remember, The Clink Charity, working with HMPPS, continues to achieve extraordinary outcomes in reducing reoffending. We deliver our mission with compassion, professionalism and integrity in an environment that can sometimes seem bleak, with so many daily challenges, The Clink Charity demonstrates what can be achieved when society collectively engages to help those who need a second chance. The outbreak of the pandemic led us to suspend delivery of training at the end of March 2020 as prisons locked down. We placed most of our staff on the government's Job Retention Scheme to project theirjobs for the future. We had over 100 Clink graduates being supported in the comrnunity, some of whom were newly released from custody. We therefore retained our team of fulktime support workers who worked with our graduates recognising that a new set of needs were emerging. Our Clink Graduates suffered job losses, furlough, non-payment of salaries by ernployers, and homelessness. raising the possibility of real poverty and the potential for graduates to return to crime. We launched the COVID-19 Clink Graduate Emergency Support Fund on 1 st April 2020 to provide emergency accornmodatioll, basic provisions, and other essentials to those in need. Due to the enormous generosity of our funders and supporters we raised rnore than £60k which enabled us to help our graduates and their farnilies on an as needs basis Anatysi¥ of OutcomeB In June 2020 RBB Economics published an Economic lrnpacl An8lysi5 conducted by volunteers which was verified by Pro Bono Economi¢sZ The report ievealed that The Clink Chaiity delivers an QLrtslanding return on investment. saving the taxpayers money through redLJcing the rates of reoffending. Thtry found that for every £1 invested, The Clink is likely lo generate al least £4.80 in mÈasurabl& returns through redLJcing the rate of reoffending considerably more amongst its, graduates when compared with those who have not benefitted from The Clink Charity training. The Clink has invested over £5m to date of philanthropic donations and grants to build its, training restaurants and gardens. The report estimates the savings of £37m to the taxpayer during The Clink's tènLJre. The report also shows that the approach we have taken as a team has been able to deliver a four-fold return on investment at a time when reoffending rates are estimated to cost the taxpayer £18.1 billion per annum. Purpose and objectives Our purpose is clear and simple. We equip people in prison with skills and experience lo enable them lo pursue a life without crime therefore reducing reoffending rates. The trainee5 at each of The Clink training siles work a full working week whilst gaining a City & Guilds qualification. Simulating 8 professional working environment. prisoners apply for the progratnme. going Ihiough full-lirne training lo reach the required level to succeed in the industry for which they have qualilied. BB Econoillics 5pecialises in ecomillic aiial>'si5. Pro Bono Economics is expert in helping charities to Lindersiand and b￿[cr articulate their impaci and intlutnce making best ust of'ihLir data. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Trainingvvhen fully open. The Clink Chaiily Iiains over 230 people In prison each day. helping Ihetn lo obtain City & Guilds certrficales and NVQS to externally recognised and a￿redited standards A full list of the certificates and qualifications we delivei can be found * fig 1. Below. Delivered to Clink Students Level 2 Award in Food Safety in Catering Level l NVQ Certificate in Food Preparation and Cooking Lèvèl 2 NVQ Diploma in Food Produrtion and Cooking Level 2 Nvq Diploma in Professional Cookery Level 2 NVQ Dlploma In Professlonal Cookery IPreparatSon and Cookin81 Level l NVQ Certlflcate In Food and Beverage Servlce Level 2 NVQ Diploma in Food and Beverage Service Level 2 Award in Barista Skills Level 2 Award in Work-based Horticulture Level 2 Certlficate In Work-based Hortlculture Level 2 Diploma in Work-based Horticulture Delivered to Clink Trainer5 Level 3 Award In Assesslng Competence In the Work Environment ooo THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The Clink Restsurants The Clink Charity operates four training restsurants offèring high-quality dining lo the publi¢ al HMPS High Down ISuttonl,Cardiff, Briyton and Styal, a women's prison in Cheshire. OLJr students train to gain experience and ach￿Ve their City & Guilds NVQ Level 2 in Food Preparation and cookery andlor Food and Beverage Service. We also offer shorter qualifications such as Barista Training and, of course, Food Hygiene. By opening to the public, our trainees gain real service experiènce and arè judged on the quality of thè food and sètvicè against other rèstaurants in th8 area. All our restaurants arè now opèn following extended period of ¢losure. The Clink Gardens The Clink Gardens operate at HMP Send and HMP High Down in Surrey and in 2021 we opened our third Clink Gardens at HMP Styal in Cheshire. Our trainees gain experience and achieve their City & Guilds NVQ Level 2 in Horticulture. The produce is delivered daily to the restaurants along with free range eggs from our own flock of chickens. We were able to continue training at HMP Send during the pandemic as all training takes pla￿ outdoors. The Clink Events The Clink Events central production training kitchen at HMP Downview trains women to produce the food for prestigiou5 extemal catering events. Women frorn Downview regularly attend events working in the venue kitchen whilst released on temporary license. We also employ Clink Giaduales at our events. and we work with Gelllrepoint lo offer young people the opportunity lo gain experience of event catering and service. All students, graduates and young people are paid the London living wage ft)r their work. Clink Events is a notnin8led calerei al the Guildhall London, Sl Paul's Cathedral and Trinity House as well as many other esteemed London venues. Q4 2021 saw a strong ieluin for our events from September with all our venues opening and a strong demand from our corporate clients. 2022 bought opportunities for us, with both a su¢¢essful re-tender of the Guildhall ¢onlra¢t and 8 new ¢lient in the Royal Museums, Greenwich covering their five iconic venues. Both contracts are multi-year. Th• Cllnk Kltchèns The Clink Kitchens extends our training and support model into prison kitchens. We train to both NVQ Level 1 and NVQ Level 2 as we do in our restaurants, offering Professional Food Preparation using the prison's own kitchen as our training area. We are now in 32 prison kitchens across England and Wales and expect to be training in c.50 prison kitchens during 2023 providing around 500 training pla￿$ at any one time. Mentoring and Support work The Clink's support and mentoring service is critical lo the ongoing success of our graduates. Acquiring training and qualificab"on5 while in prison is a great start to a changed life. Supporting graduates lowaid5 a life tree of offending is what makes The Clink different- and effective. Our support and mentoring learnwork with our trainees and gr8duales frorn 8boul 3 rnonlhs before release and ¢ontinue lo support post-relÈase foi as long as they need us ltypically aroLJnd a yèarl. They help thern find sotnewhere to live, help Ihern get a job and work with them to build strong. supportive. social networks. After pervjds of irnpiisonmenl, many graduates need 6UPPOrt. guidance. and enwur8gemenl lo gain or regain the skills and behaviour5 necessary lo live a fulfilling life and keep a job without reverting to offending. During lockdowns, because of the closuie of the hospil8lily industry. tnany Clink graduale51051 Iheirjob. bul The Glink supportworkers continued to help. minimising the risk ol re¢idivism. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 SUPPORT & MENTORING KEYCOMMUNITY PANDEMIC RESULTS I I Clinkgraduates supported in the community 21 Clink grdduates released 31 Cllftk8YaduaiÈs rÈleasedhomeless that requiredaccommodation 4101 the Cllnk8radu•ies released, we continueto support2A17 33 51 What Cllnk8raduat*SAré tuiret)tly doing ba¢k inthe communitv... FulllPTTime Work Rehab 27 Carirbg Retired Unemployedand IDokin8 Unknow The Clink provides an integrated programme involving both forrnal training, and support before and after release from prison. We meet our graduates at the gate and find them housing, if required, and help them to find employment. We also make sure that they have a bank account and photo ID and that they are registered with a doctor should they wish to. Qur Clink support workers are there 24tT for as long as it takes to support our graduates into independence and a good life. We are currently helping 142 graduates in the communrty and Clink Graduates continue lo be released on a regular basis. Accommodation remains a priority need with rnany graduates being released from prison with nowhere to live. We support them by sourang emergency accornmodalion, providing emergency grants andlor food vouchers, and by providing basic household necessities. We work closely with Local Authorities and other charities as without accommodation and the basics of life, ernployrnent and rehabilitation is near-impossible. Full integration with Clink Kitchens now underway to ensure mentoring and support coverage across the estate as the project grow5 thus ensuring a fvll'lhrough the gale" support experience for our graduates. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 Summary After a difficult two years, The Clink Charity is helping and supporting more people than ever lo slop offending. Thanks to our supporters, we now have over 400 training places available across our programmes, with 230people in training, a figLJre that is rising each week. We expect training places to be filled as prison Covid restrictions lift. I would like to thank our generoLJS funders who make our work possible, our board of Trustees and our Chair, Finlay Scott who provide support, guidance, and wisdom. Also, OLJr partners at HMPPS and in particular the New Futures Network team and the Governors and staff of the prisons in which we operate. Thanks also go to our employer partners who give Clink graduates a Chan￿ to change. 'Thank you" is not an adequate word for our brilliant staff - but thank you all for your resilience over the last two years, and for bouncing back with incredible enthusiasm to support our growing organisation. Finally, I would like to thank our trainees and graduates lor making the commitment to change whith takes courage and dedication. This large group of people frorn such different worfds are united in their desire to help, lo serve and to achieve something worthwhile together. Thank you all. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing do¢ument The charity is controlled by rts memorandum and articles of association and conslitules a company lirniled by guarantee as defined by the Companies Act 2006. Orgoni$ational $tru¢ture Trust•• Board The Charity Is governed by a Board of Trustees Ch8ired by Finlay Scottwhich supervises the senior leadership team ISITI and staff headed up by the Chief Executive Officer, Yvonne Thomas Ifrorn 31st January 20221. The Board of Trustees meets four times each year to set and oversee the delivery of the Charity's objectives The Board has a ¢leai and well-underslood governan¢e role. approving the $lralegy. annual budgets and ieviewing the management accounts and cash flows on a quarterly basis. The Trustees ensures that risk is well understood and managed, and that the charity is operating legally and in full compliance wrth our charitable objectives, ethos and values. The Board appoints and delegates the delwery of the strategy and management of the operation of the charity and its subsidiaries to the CEO, who in turn appoints and manages the SLT. SLT comprises the CEO, the Finance Director, the Operations Director, the Support and Mentoring Director, Training and Operations Director and the Events Managing Director. The SLT meets monthly lo review in detail all aspects of the operations including the training, support and mentoring of the beneficiaries of the Charity as well as safeguarding, health, and safety. There are two additional Trustees Committees that meet regularly.. Audit and Risk Committee- this meets with the external auditors hvice yeaTly,' once to review the systems and internal controls on financial and governance issues and make any recommendations to the Trustee Board with a second meeting to review the draft Annual Report and Accounts prior to sending to the Board for approval and signing. Remunèration Committèè this reviews and reeommends to the Trustee Board staff remuneration, including the salaries of the SLT. The Committee takes into accoLJnt the responsibilities of the role and the need lo sel competitive salaries against what is affordable for the organisation. Trust•• tralnlng and Inductlon Our Trustees have been carefulty selected from business, education, legal, financial, media, property and building experience. Upon appointrnent Trustees are given a copy of the Charity Commission document "The Essential Trustee- What you need to know. and asked to read it. They also spend time with the Chairman, CEO and SLT to familiaiise themselves wrth the operations of the Chaiily and the Restsuranls to ensure that they undeisland the aims and the objectives of the Charity are achieved. Risk management The Trustee Board is responsible for the oversight of the risks faced by the Gharity. The Trustee Board and Audit and Risk Committee regularly review the Charity's risk position, internal controls assessment and compliance with relevant statLJtory and finance regulations. Based on the Charities Commission's Guidance "Charity Reserves.. building resilien￿. the Charity has a risk-managernenl process designed to Identify the tnaioi risks that oould impact on the aims in the Gharily's Strategic Plan. This process identifie5 the major risks the Charrty tsces. the likelihood of occurrence, the Significan￿ of the risk, and any mitigating controls that are in place. It also seeks to identify any actions and resources required to manage these risks further. Principal risks and uncertainties From the beginning of the pandemic the Trustee Board met more regularly to review how the charity was affected by the events as they developed, this gave the trustees the opportunity to consider the effects of the COVID-19 10 THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 oulbieak on the work of the chaiity and its finances. These reviews covered Incotne and expenditure forec8sIs 8nd cash flows. As part of these reviews the Tru51ee5 considered the viabilty of all operations. During the pandemic by following Government and HMPPS gLJidelines all sites opened and returned to training by 1 sl October 2021. During 2021 the kitchen5 pilot concept opened a number of site5 growing from 3 10 10 siles by the end of 2021.The pilot period has allowed the SLT to develop an implementation plan lo continue the roll out of the project over the next few years, the current expectation is to be in >50 prison kitchens around England and Wales by the end of 2023. The support workers bLJiIt on the work that they had done in 2020 providing both mentoring and fin8nryal support lo released pii50ners both newly released piisoners and those who were released pre pandemic. This support was vital as it helped our graduates navigate the uncertainties as they faced in post COVID 2021. The CEO continued to maintain regular contact with all our funders and is assured that they will continue to support the charity's programtne of training and mentoring with all ouirenl and fuluie pledges. Due lo the generous support of our funders and our partners al HMPPS the charity continued lo be shettered from the effects of the pandemic. From the beginning of 2022 the raising of restrictions and the impact of COVID-19 has again influenced the charitable ¢ompany's plans and opèiating and budgèting pioeesses for the cuirent year. Safeguarding During 2021 all existing 8nd new staff unden￿ent online training and will be reviewed a5 we once we ale out of the pandemic and external training becomes available again. We now have full compliance from site and operational level right through the organisation right up to a DSO on the board of trustees. Health and Safety Fire, health & safety, food hygiene and allergen awareness is at the core of what we do and we have engaged an external company to audit our process and procedures at all our premises on an annual basis. In addition local Enviionrnenlal Health Officer5 inspect our premise5 and currently we have 5 Star ratings a¢ros5 all locations. Our staff are Iiained in Emergency First Aiders in the workplace and also obtain the following qualifications.. Heatth and Safety ILevel 2 or 31, Food Hygiene (Level 2, 3 or 41 and Allergens Awareness (Level 21. 08JECTIVES AND ACTIVITIES Significant activities To ensure the success of the programtne. The Clink Charrty has developed a fwe-slep integrated model that could be applied across more prisons across the country and to further expand The Glink restaurant concept. The five-step model focuses on Recruitment, Training, Supporting, Employment and Mentoring. This model has dramatically reduced the reoffending rates olthose who have been part olthe training programme. The Clink employs 70 fulttirne ernployees and all of our piisoner lacing staff undergo TAQA (Training Assessrnenl Quality Assuiancel trained lo ensure thatlhe standard oftraining and assessing students is consistent and of the highest possible quality. The Clink Charity's lulltime support workers work closely with each of the prisoners in training. Upon release they help giadu8le5 find employment and they mentor them weekly for 6 10 12 months, lo help them ieinlegi*e back into society. Public benefit ststement The Trustees confirm that they have given due consideration to Charity Comrnission published guidance on the operation of the Public Benefit requirement in relation to the activities of the charitable company. Financial Review During 2021 our income fell from £3,294,936 in 202010 £2,204,93S, as we continued lo raise money from donations and grants bul as our trading operations were affected by both the pandemic and the reopening limelables of the prison establishment where they ale b8sed Il w85 8 slow recovery with all of our opeialions finalty being open by 1st THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 October 2021. The end of year results showed a deficit of £305.98412020 surplus of £742.7481. however due lo the naluie of our opeialions the ￿Ve1 of operating incotne resulted in lower oper81ing expenses. We were incredibly gratefLJI to our generous SLJPPOrters who continued to donate to support our work so that during the pandemic we were able to continue to assist our beneficiaries, we were also very grateful for the support from our partners HMPPS. The Charity raised £68,44412020.' £79.3381 by way of general donations. During the pandemic and post pandemic period, these funds werè used to help the benefiaaries with their day-to-day nèÉds induding hèlp with finding and paying for aeeommodation, uniform and day to day living expenses. We are also extremely grateful that we were able to continue using the furlough scheme thus retaining our extremely skilled workforce under the Job Retention Scheme, this meant that as loeal areas were facing different Challenges as they came out of COVID restrictions we were able to use the flexi-furbugh scheme to restart our training projects on a localion by location basis using our valuable skilled and fully trained staff. During 2021 we received £420,838 12020 £651,273) Reserves Policy The Trustees, objective is lo have a cash reserve that is sufficient for the Charity to fulfil its obligations in response lo any major unexpected financial situation. The SLT lightly control expenditure and set fully costed and realistic budgets, management accounts and cash flows are reviewed by the SLT monthly and by the Board quarterly. In addition the Board has a policy regarding new projects and will never embark on a new project without having first built up sufficient funds lo cover the capf(al and any initial running costs. The reserve target level of £175,000 was sel in 2016 and following a review in November 2019 remains al this level. Allhe end of 2021 the Group had lolal reserves of £1,364.73912020.'£1.670.7231 of which £538,60212020'.£516,7751 represents reslricled funds. Unresliicled funds held al the end of 2021 lolalled £826.13712020.. £1.153.9481 of which £545.86512020. £658.1661 are invested within fixed assets and as such the chaiity has free resetvès of £215,51012020". £495,781) which is in line with the target threshold Sel by board. Fund Ralslng mèthods and proe•sses The Charity has always depended on the generosity and support of various grant giving trusts, foundations, companies and philanthropic individuals to build and fund the projects. No external fund raisers are used. The CEO and Finan￿ Direcior had a successful year raising funds for specific projects and core costs. Once a specific project is identified a proposal is prepared and sent to the organisation (usually grant giving trusts) which has expressed an interest. In the case of capital projects, no work is started until all funding has been secured and the Board has approved it. Once a grant has been received, we with work with the donor lo ensure that they have all the information that they require to monitor the impact that their donation has achieved. this usually means a report that is required under their giant giving due diligence piocedures together with regular updates that may concern the charity in general or their donation in particular. During this year the CEO has remained in close contact with all of our generous partners keeping them updated with the work of the charity during the pandemic and stressing the importance of their valuable contribution to our work. In 2021 the Charity raised £68.44412020 £79,338) from individual donation5 and £572.03912020 £1,451.3331 frotn Grants. The Clink Is now an established Charity and has a loyal group of funders and charitable trusts all of whom ¢arry out periodie due diligence checks. The Board is confident that the continLJing capital that is reqLJired to roll out current and future plans will be funded by them. 12 THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 There are a great many kind individuals who have donated lo our work eilhei directly, via CAF. Charities. Trust, Stewardship or online via Just Giving, Donor, Virgin Money Giving and we are extiernely grateful foi their generoslty and support. We WOLJld also like to thank all the Charitable TrLJsts and Corporate Funders that have supported our work this year, we highlight here the donations of those who have kindly contribthed £2.000 or more during 2021". Adrian Swire Charitable Trust Antonio Carluccio Foundation Blyth Charitable Trust Borrows Charitable Trust Butchers, and Drovers Charitable Institution Crty Bridge Trust Dr Mortimer and Theresa Sackler Foundation Simon Gibson Charitable Trust Wendy Osorio Stiftung Auxilium Foundation The Cleopatra Trust The David & Ruth Lewis Family Charitable Trust The Goldsmiths Company The Julia & Hans Rausing Trust The Rank Foundation The Russell Family Trust The Worshipful Company of Cooks Imlliarn Brake Charitable Trust The work of the charity not only changes Iwes of the Clink graduates bul also their farnilies and friends as well as making society a safer place and ultimately Saving the taxpayers money. THE CLINK CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 ststement of Tru¥tee3' responsibilities. The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted AccoLJnting Praeticel. Company law requires trustees to prepare finanryal statements lor each financial year which give a true and fair view of the state olthe affairs of the charitable company and the group and of the income and expenditure of the charitable group for that period. In preparing these finanaal statements, the trustees are reqLJired to.. select suitable a¢¢ounting policiès and then apply them ¢onsislenlly". observe the tnelhods and principles in the Charities SORP". make judgements and estimates that are reasonable and prudent", stale whether applicable UK Accounting Standards have been followed, subject lo any material departures disdosed and explained in the financial slalemenls". prepare the financial slalemenls on the going concern basis unless It is inappiopiiate to presume th8t the charity will remain in businèss The Iiuslees are responsible foi keeping proper a¢¢ounling ie¢ords that dis¢lose wlh reasonable ac¢uracy 81 any tirne the financial position of the charitable company and enable Ihern to ensure that the financial slalemenls comply with the CotllP8nie5 Act 2006 and the Charitie5 Act 2011. the Charity IAccounts and Report) Regulations 2008 and the provisions of the trust deed. Thèy are also rèsponsiblè for safeguarding the assets of the charitable company and the group and hence for taking reasonable steps forthe prevention and detection of fraud and other irregularities. In 8$ far as the Iluslee5 are 8W8re'. there is no relevant audit infotmalion of which the ch81ilable cornp8ny's auditor is unaware., and the trustees have taken all steps that that they ought lo have taken lo make Ihernselves aware of any of any relev8nl audit inform81ion and lo establish that the audiloi Is aware of th81 information. On behalf of the Board 2710912022 C Juman- Trustee Date". 14 THE CLINK CHARITY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE CLINK CHARITY FOR THE YEAR ENDED 31 DECEMBER 2021 Opinion We have audited the financial statements of The Clink Charity Ithe 'charitable company'l for the year ended 31 December 2021 which comprise the Consolidated Statement ol Financial ActivrfLies (including summary Income and Expenditure Ac¢ounti. the Consolidated and Parent Charitable Company Balance Sheets. the ConsolidatÈd Cash Flow statement and notes to the financial staternents. including a surnmary of significant accounting policies. The financ4al reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 102'The Financial Reporting Standard Applicable In the UK and Republic of Ireland, Iunited Kingdotn Generally Accepted Accounting Piactioel. In our opinion the financial statements.. give a true and fair view of the stale of the group's and the parent charitable cornpany's affairs a5 al 31 De￿mber 2021 and of the group's incoming resources and application of resources, including ils income and expenditure, for the year then ended have been properly prepared in accordan￿ with United Kingdom Generally Accepted A¢¢ounling Pr8Cti¢e". have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audlc in accordance with International Standards on Auditing IUKI IISASIUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the audit of the financial statements section ol our report. We are independent of the company in accordance with the ethical requiiemenls that ale relevant lo our audit of the financial slalements in the UK. including the FRG'S Ethical Stand8rd. and we have fulfilled our other ethical resFK)n5ibilities in accordance with these requirernents. We believe that the audit evidence we have obtained is sufficienl and appropriate to provide a basis for our opinion. Conclusions relating to going concem In auditing the finanual ststements, we have concluded that the Trustees, use of the going eoncem basis of accounting in thé prèparation of thè financial statéments is appropriatè. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that, individLJally or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of al least twelve tnonths from when the financi81 st8lernenls are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in the relevant sections of this report. Other inforniation The trustees are responsible for the other information. The other information comprises the infomiation included in the annual ieport, othei than the financial statements and our auditor's report thereon. Our opinion on the financial slalemenls does not cover the olhei infoimalion and, except lo the extent otherwise explicitly slated in our report. we do not express any form of assurance conclusion Ihereon. In connection with our audit of the financial stslemenls. our iesponsibilily is lo read the other information and. in doing 50, consider whether the olhei inform8lion Is nialerially inconsistent wrth the fin8nci81 statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such rnaterial inconsistencies or apparent material misststements, we are required to determine whether there is a material misstatement in the financial slalèmenls or a matèrial misstatèment of the othèr information. If, basèd on the work wè havè perforrned. we ¢on¢lude that there is a rnalerial rnisslalemenl of this other inforrnalion, we are required to report that fact. We have nothing to report in this regard. THE CLINK CHARITY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE CLINK CHARITY FOR THE YEAR ENDED 31 DECEMBER 2021 Opinions on othèr mattars pr8scrib•d by the Companias Act 2006 In our opinion. based on the work undertaken in the course of the audit.. the infoimalion given in the strategic report and the trustees, report foi the financi81 year for which the financial slalernenls 8re piepaied is consislenl with the financial stslemenls". and the strategic report and the trustees, report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the trustees, report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to YOLJ if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been re￿iVed from branches not visited by us,. or the financial statements are not In agreement with the aeeounting records and ￿lUMs", or certain disclosures of trustees, remuneration specified by law are not made., 01 we have not received all the information and explanations we require for our audit. Responsibilities of tru5teeB As explained more fully in the trustees, responsibilities staternenl sel out on page 12, the trustees are responsible for the preparation of the financial statements and for being satisfied that Ihey give a true and fair view, and for such internal ntrol as the trustees determine is necessary to enable the preparation of financial stalernenls that are free from material misstatement. whether due lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing the company's ability to continue as a going concèrn. disclosing, as applicable, matters rèlated lo going ¢oncern and using thÉ going ¢oncem basis of a¢￿UntIng unless the tru51ees either intend to liquidate the company or to cease operations. or have no realistic altemative but to do so. Auditorfs responsibilitie5 for the audit of the financial ststements Our objectives are lo obtain reasonable assuran￿ about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's rewjrt that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit wnduded In accordance with ISAS IUK) will always delect a rnalerial rnisstaternent when it exists. Misslalements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the econornic decisions of users taken on the basis of these financial statements. Irregularities, induding fraud, are instances of non-complian￿ with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo delecl material misslatemenls in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. Explanation as to what extent the audit was considered capable of detecting irregularitie5. including fraud The objectives of our audit in respect ol fraud, are., to identify and assess the risks of material misstatement of the financial staternÉnts due to fraud." to obtain surriciènt appropriate audit èvidence regaiding thè assèssed iisks ol matèrial misstatement due to fraud, through designing and implernenling appropriate responses lo those assessed risks,. and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility lor the prevention and detection of fraud rests with both management and those charged with governance of the company. 16 THE CLINK CHARITY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE CLINK CHARITY FOR THE YEAR ENDED 31 DECEMBER 2021 Our approach was as follows.. We obtained an understanding of the legal and regulatory requirements applicable to the company and considered that the most significant are the Companies Act 20(￿, UK financial reporting standards as issued by the Financial Reporting Council, and UK taxation legislation. We obtained an understanding of how the company complies with these requirements by discussions with management and those charged with governance. We assessed the risk of material misstatement of the financial stalemenls, including the risk of material rnisstatemenl due to fraud and how il might occur, by holding discussions with management and those charged with governanee. We inquired of management and those charged wilh g0Veman￿ as to any known instances of non-compliance or suspected non-compliance with laws and regulations. Based on this understanding, we designed specific appiopii*e audit procedures lo identify instances of non- compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required. As part of an audit in 8ccord8nce wrth ISAS IUKI we exercise professional judgement and maintain professional scepticism throughout the audit. We also.. Identify and asse55 the iisks of material tnisstaleTnenl of the financial slalernenls, whelhei due lo fraud or eiror, design and perform audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, tlllsrepresenlalions. or the override ol intern81 control. Obtain an understanding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the PLJrposes of expressing an opinion on the effectiveness of the ¢omp8ny'$ internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concem. If we conclude that a material uncertainly exists, we are required lo draw attention in our audil0rf5 report lo the related disdosures in the financial statements or, rf such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, fLJture events or conditions may cause the company to cease to continue as a going concem. Evaluate the overall presentation, structure and content of the financial statements, induding the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with govemance regarding, arnong other matters, the pknned scope and timing ol the aLJdit and Slgnrf￿3nt audit findings, including any signrficant deficieneies in internal control that we identfy during our audit. THE CLINK CHARITY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF THE CLINK CHARITY FOR THE YEAR ENDED 31 DECEMBER 2021 Use of our report This report is made solely to the ¢haiitable ¢ompany'$ members. a$ a body, in a¢¢ordance with Chapter 3 of Part 16 ol the Companies Act 2006 and, in respect of the consolidated financial statements, to the charity's trustees, as a body, in accordance with Chapter 3 of Part 8 01 the Charities Act 2011. Our audit work has been undertaken so that we might state to the charitable company's members and trustees those matters which we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company, the charitable company's members, as a body, and the charity's trustees, as a body, for OLJr audit work, for this report, or for the opinion we have formed. O&Y& K, L 28 September 2022 Jamès Cross (Senior Statutory Auditor) for and on behalf of Mooie Kingston Smith LLP, Stslulory Aud((or 9 Appold Street London EC2A 2AP Moore Kingston Smith LLP is eligible to a¢t as auditor in lems of Section 1212 01 the Companies Act 2006. 18 THE CLINK CHARITY CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 INCOME AJ4D EXPENDITURE Unrestrfcted Restrfcted Total Total Fund¥ Fvnds 2D21 2020 In¢om• Irwme from rai4ing fund$ Inwrne from tharitablp 8ctNIlEs Govemmenl CJRS Grant Income Income from investments S03.B87 6S7,148 1.12fj,fj75 420,838 275 1.597,405 1.043,3fj9 651.273 2,889 1.126,fj75 420.838 275 Total Income 1,701,049 503,887 2,204938 3,294.536 ExpÈndtture Expenditure on rai51ng fund5 Expendilureon charitab￿Ac￿Vthes Primary pU￿05e trading. training and mentoring Olherch8ntsble expenditure 33,052 33,052 37,373 1.925.745 70.063 427.689 54.371 2.353.434 124,434 2.396,044 Total expenditure 2.028.860 482,060 2.510.920 2,552.188 Not in¢omo forth• yo¥r 21,827 13D5,9841 742,748 Gr055 Iranslers between funds 13 Net m0Vern￿t5 in funds 21.827 13D5.9841 742.748 Funds brought rorward 1,1S3,948 $16,775 1,670,723 927,975 Funds carried forwar 826.137 538,6QZ 1,364.739 1,670.723 JI amounts deDve from continuing aclivibes. The chaThtab￿ ec￿panY has no recognised oains or1055esolherthan Ihe nel in(X￿e for the y￿r The accDmpanwng notesfoTm part of these financial statements. 19 THE CLINK CHARITY CONSOLIDATED AND CHARITY BALANCE SHEET3 FOR THE YEAR ENDED 31 DECEMBER 2021 Gr(bup 2021 ¢harity 2021 2020 2020 Noto Fixed assets Fixed Assets 545.865 858.18 545,865 658,186 Current assets Sto Debtors C8sh 8t b8nk 73.736 66.718 10 39 238 3,426,394 3,46S,627 4.069 1,867.B17 1,871,886 3,652.604 3,838,289 1,897.02D 2,114,776 Credttors.. arnounts falllng duewllhln oneyear 2809415 892219 576516 N4t currènt assèts 1,028,874 1,222,567 981,S21 1,296,370 Credftors.. arnounts falllng duewlihln morethan one year 12 1210,000} 1210,0001 1210,0001 1210,0001 N•¢ 8¥$ots 1,3$4,739 1,670,723 771,523 I,D85,372 Funds Unrs$tri¢t8d funds Restricted lunds 13 82fj.137 838.602 1,153.948 516.775 232,921 538,602 5£B,597 516.77S 1.364.739 1.670.723 771.523 1.085 372 The deficit forthe financial yeardeall with In Ihe Iinanual statements olthe parentcharity totaled £313,850 12020. £563,287) These financ￿1 ststemenls h8V8 been prep¥red in att0￿$￿¢e with the $pety81 provisions Df Part 15 Df the CDmpanies Act ¢18tino ￿ ¥m¥ll ¢ompanies. On beh811 of th$ Btyard 2710912022 C Jum8n- Trustee Cwpany registrabon number 07157S40 20 THE CLINK CHARITY CONSOLIDATED CASHFLOW STATEMENT FOR THE YEAR ENDED 310ECEMBER 2021 Note 2021 2020 Ca•h Ilow$ from op•rnting o¢Uvltlo9'. Net cash (used inl I provided by operating activities 16 1,854.204 1247591 Cash Ilows frorn Investlng actlvltle5'. Interest reGeivab Purchase of proFerty, plant and equipment 275 {98,8941 2,156 174,M61 Net cash I￿3ed Inl Snve5tln9 actlvlt ¢hang9 ID rash ￿￿h equiv4lFnt¥ in the repo￿ng period 1,755,584 1326,6091 Cash and cash equivaknb at the beginning of the rewrtiDg period 1.897,020 2,223,629 Cash and cash equlvalents atthe olthe reportlng perfod 3,652,604 1,897,020 Analysis of Cash and ¢a8h Equivalonts 2021 2020 Cash al bank ShortTetrn & lrntnediate NobGe dpposil8 335,394 3,317,210 35,041 1.861,979 Totsl cash and cash equivalents 3,652,604 1,897.020 Analysls of Changes In debt l Jan 2021 C¥8hflow¥ 31 D•¢ 2021 Cash al bank 35,041 1,755,584 I,7￿.625 Lo¥n$ tslling du¥wilhin one year Loans falling due after mre than oneyear 36,041 1,75S,584 1,790,625 THE CLINK CF14RITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEth ENDED 31 DECEMBER 2020 I AC¢OUNnNG POLICIES A¢¢ountlng Con¥Mtlon Thefinancial slalements are prepared In accordancewilh the Finanoal RepDrting Standard 8ppliGable In the UK and RepubliGoI I[e￿nd IFFIS 1021. Thecharitable company Is 2 public benefit entity for the purwse ol FRS102 and Iheielore the charity and group's financial stslements have been prepared In accordance with Statement ol R￿mmended Practice applicable lo charities prepaTh their accounts In 2ceordantt wih the Financial Rewrting Standard appliCa￿e in Ihe UK and Republic or Ireland Ilhe FRS 102 Charities SORPI, the Companies Aet2006 2nd the Charities Act 2011 ThefinanGial slalements have been prepared on a going concern basis which assumes ihe tharilable gr￿p wll (￿￿tInUe in operational exIsten￿f0[1he foreseeable lulure. Thelruslees have assessed ¥thelher ihe use of the going COn￿rn basis Is appropriate and have con51deTed possible events or¢￿nditIOnS that mightcast significant doubl on ihe ability of the charitableeompany lo continue as a going concern.The Iruslees have considered the Continuing ifflpact ol COVID-19 on the charitable group's hrture plans and operating and budgeting processes including making reasonable assumptions In the I￿ht0f the current Inflation and cost of living crisis. The key areas reviewed were forecast incoffle and cashflows forthe period of al ￿$1 12 months from approving these accounts and the Trustees have concluded ihal the charitable group has adequate resourcesto meet Ils Iiabilrties as they fall due and 11 conbnue In 0￿ra￿Onal existence for the fDreseeablefuture Accordingly. the finanual slalemenls are presented on a going Goncern basi4. Ba919 of congoldlBUon These finantial s￿t&￿n￿ ¢on$olldate the results ol Ihe charltable Company and its 4vholly owned sub$idiarle$ The Chnk Re$tauf8ni Ctynpany Limlted. Cllnk Tradlng Llmiied and The Clink cafe ¢harlty. A sep8rak statemeni of finartl81 a¢bville$ not presented for the ¢hanty iisell 8$ it ha$ lakttn 8dvantage ol the exempli¢n$ afforded by $e¢tion 406 01 the ¢ompanie$ Ad 2006. All incoffle is included In the Statement of Financial Activities when ihe tharity is legally entiU* to the Income and the amount can be quantified wrth r￿d$onable accuracy. Expendlture Expendrfure Is accounted for on an a￿[Ual5 basis and has been classified under headings that aggregate all costs related lo the category. Vvhere costs cannot be direclty attribthed to parbcular headingslhey have been all￿tea lo acbvities on a basls COnSlStenlwilh the useof resources. Tingible fixed assets Depreoyalion Is al the followng aDnual rates lowrite off ea0* asset over Ils estimated useful lffe". Leasehold Plant and machinery per annum per annum ppr annum per annum per annum 10% Motor vebides Cornpuler equipmnt stocks st￿ks are valued atthe bwerof cost and realisa￿e value, after making due alknwan￿ for obsolete slow moving Itetni Fin*n¢i•l in¥trumgnts Thecompany haselected to applylhe proVi￿OnS0f Section 11 'BaS￿ FinanLyal Instruments, $￿tiOn 12'01her Financial Instruments Issues. ol FRS102 to al itsfinanLyal InslruTnenls. Bask financlal assets Basic financial assets. which In￿￿e trade and other re￿ivableS and cash and bank balan￿s, are initially Measured althe amouni r￿e1Vable and subsequenly adjusted IDf2ny IM￿1[ment or other change In consideration expeded to be received on settlement rnea5ured atthe amDunt payable and subs¥uenlly adjusted foi any change5 in consideration eX￿Cted lo be on settkrnenl. 22 THE CLINK CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 ICONTINUEDI T8x¥tion The charity 1$ exempl Iron wrpoBll￿ lax on its ¢hantatle activities. Fund accountlng Unrestricied funds can be used In accord£nce wrth thè tharllable objectives aithe dlscrellon of the Iruslees. Restricted funds can be used lor particU￿r restricted purposeswilhiTr the obieGls of Ihe charity. Resthctions arise specffied by IhedonDr orwheD funds are raised for particular resiricted purwses. Futher explan£lion ollhe n£lure End purpose of each lund is included In the notes lo the financial statements. CrftlcBI accountlng esUm8tss and areas of ltsdgem•nt In preparing financial stalernemls Il Is ne￿$sary lo make ￿rtain iudgemenls. eslimales and assumptions that affeclthe amwnts recognised in the Iinanual stalemenls. In the view of Ihptrustees In applyiDg the acmunliTrg PDliciesadopled, nDiudgeTnenls were requi￿ that have a significant effect on Ihe amounts recognised In Ihefinanoyal slateTnenls nor dD any eslirnatesor assurnptions made raTry a signilioanl risk of material adjuslmenl in Ihe financial year. 2 VOLUNTARY INCOME Unrestricted Re6tricted 2021 2020 Donations Grft aid Grants 61.598 2.375 75.000 6.848 68,444 2,375 S72,039 78.338 4.038 497.039 138,971 503,887 642,858 1,534,709 01 total vduntsry reported abDve, £123.971 are?ttribul8blp to unresltthd lunds12020." £1,087,738) ?nd £388.fj21 attribula￿e to rpsIr￿ted lunds12020. £44fj,9711 Grant$ in¢lud8d in tht above as 2021 Unre&tri¢ted Restricted 2021 2020 Rausing F￿ndatiOn Wtrndy Osorio The Innhdders. Charits￿e Foundatio R¥nk Founo8li¢n Sliftung Auxilium- Porticus The Worshiplul Company ol Cooks 64.768 135.000 64.768 135.OOD 1,100.000 31.500 25.000 25.000 83.333 42.000 35.00 83.333 42.000 35.000 83.333 40.000 17,500 30.000 50.000 38.000 Savoy Educabon Trust Sandy & Sue Arbuthnot The Fishtnongers, Company David & Ruth Le4VlS Family IIu5t Blyth Beatri￿ Lang Antonio C8rluCClO Foundat Goldtnan Sachs Goldsmiths PCC RR Grdnt lundlng The Clink Restsurani Gibson Charitable Itusl Cardrff Borrows CharitsbleTrusl COVID19 Sheriff S Re¢orders COWD 19 Mafk Leonard Trust COVID 19 Olhersm811 gr2nts 57.500 57.500 25.OOU 25.000 10.000 20.000 35.500 35.500 15.000 15.000 15.000 5.000 5.000 2.000 1.000 3.000 5.000 2.500 5.000 2.500 10.000 6.440 16.440 Tot¥1 Gr8nt In¢omo 75,000 497,039 572,039 1.451.333 2020 Total GraTht Income 1.015,000 436,333 1,451,333 23 THE CLINK CHARITY NOTES TO THE FINAJ4C14L STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ICONTINUEDI 3 OTHER FUNDRAISING ACTIVITIES Fundraising events 14,290 62,696 All fundraising even15 inc Expenditure on raising fvnds.. Expendilureon raising donation5 1S,833 33,062 Charitableactivitie5'. 69,518 24,382 93,881 3Q.553 1,83S,787 517,648 COWD19 Support Restaurant operation, training and menlorir Events oper81ion training 8nd menlori Cafe operalK>Tr. training and mentoring 30.553 144.950 194.059 1.252.057 23Y,616 438.779 È3,973 Tot#1 8xpondifvr• 1,577,024 381,233 552,663 2,510,920 Totsl expendilurp reported abDve is comprised of £2,053,959 allribulable lo unrestricted funds 12020. £2,165,565) and £507,￿1 attributab￿ to restricted funds 12020. £416.9841 staff costs INote 7} Dlrect cost$ Support to$ts (Note 6a> Total 2020 2020 Expenditure on raising fvnds.. Expendilureon raising donation5 14,705 17.713 4,956 37,373 Charitable activitie&'. 62,2e3 20,982 83,246 35.526 1,874,143 411,398 110,803 COWD19 Support Restaurant operation, training and mentoring Events op&r3tion, tT¥ining 8nd m¥ntori Cafe operalK>n. training and mentoring 35.526 196.343 58.541 12.999 1.254,891 263,691 72,928 422,908 88,8fjfj 24.576 Total expendlture 1,668,478 321,422 662,288 2,662,188 24 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED} Anatysl8 of Support C08ts Total 2021 Total 2020 General expenses Information tschnology & Computer Costs Marketing & Website costs Insuran Bank charges 209.959 49,106 9.565 23.049 3.032 171.856 5.183 80,911 227.130 38,267 7.527 30.621 500 167.892 Irr&￿verablfr VAT GOve[nan￿ Costs16bl 90,351 552,661 562,2B8 6b Govemanc8 ¢08ts Total 2021 Total 2020 Trustees Expenses 77 28.450 61.509 315 32.723 46.306 1.882 Legal & professional fees Other professional fees 80,911 90,351 Totsl 2021 Totsl 2020 lil Audftfees arbaty8i8 Audit fees- Currenl year Audil fees- pnorye8r vnderaccru81 - Non-8udil services 23.605 3.218 5.900 21.505 555 6.390 32,723 28,450 25 THEC NK CHAR NOTES TO THE FIWANCIALSTATeNENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ICONMNUEDI 7 STAFF COSTS 2021 2020 WsgES and Salsties s￿al SecuTitycontnt￿rtlO￿5 1,3TT,370 132,723 66,931 1,473,347 126.66B 68,463 1.577.024 1.668.478 Thfy average numbgr of fymploye￿ in ihe yearwas 5912020- 591 SLgffcosts *loCatedN￿hIn expenditure as 2021 2020 Expenditureon raising funds 15,B33 14.705 1,653.773 1.S77.024 1.668.478 siaff co*s sho4*n gbove 15 Inclusive of.. EmtAoyee r&undancy and non-canttactu4 tetmination payments Df tNil12020." È3,0691 wetp made during the year. The Dire￿Or and senioi managenenl team are ￿nSidered to be Key Man4ement Peisonnel ofthe chatity and tDtsI iemuneralion paid to KMPduTrng Ihe year wa$ £380.237 12020.. £326.1111. EmtAoyees over£60 OOOfdl IniolhE following bands." 2021 2Q2Q £80.000-E90.000 £60.ODa- t70.QOO Pension contribubons foiihe highei paid t￿￿￿yeeS om¢unted 10 224,16412020.. £22,254> the yeor. NtrTru$tee$were p￿d gnyremunei8bon durinpthe Current Orpreiitrs year. TtuSteÈgwÈrt ieimbursed expen$estc*8llin# £Nil12020 £771. TANGIBLE FIXEDASSETS IGROVP) LeAsehold Prop8ty Ptsnt & M¥¢hinory P￿ureS & Fitting$ Motor Office Eguiprn8Trt Totsl Cost Al 1 Janu2ty 2021 79.356 607.813 881.825 39.084 34,250 38.614 373 1.64e.692 98,894 DIspDs45 I78.￿3) Al 31 Dfjcemb9T 2021 79,356 590.850 8B4.966 73,334 39,IB7 1,667,693 DepieclatbTh Al 1 January 2021 Chargeforyeai Disposas 47,614 7.936 324.461 570.804 88.459 266 13,364 7,334 32,B56 4.S16 989.099 171.856 135.3921 At 31 December 2021 55,560 348,680 659,529 20,£98 37,372 1,121,829 NBt BDDk Valu At31 DecErn￿r 2021 23,806 242,170 226M3B 52ts36 1,816 545,8t6 AI 31 DKember 2020 31,742 283,352 25,720 5,958 857.793 26 THE CLINK CHARITY NOTES TOTHE FINANCIAL3TATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ICONnNUEDI g FIXEDASSET INVESThIENTS The Clink Chatrty Own5 IhE whole Dflhè$hÈre Capital ol The Clink Trèdino Limrted. & company regi￿ered in Enulènd and Icompany number 9926424. registered office 1 London Bnd9e. London SE1 9BGI. ThE ClinkTrsdinu Companyoper*esthe events catering In fU￿11￿ent ofthe chantys charitable pu￿Se. The Clink Chorfy olso O¥vnsthe whcqtolthe Share¢a￿al olTht Clink Re*aui* Company Limrted. a ¢ompany regi*ered In England and Wales Icompsny Thumber7092125. ￿lSte[ed offfice 1 Londm Bridge. London SE1 9BGII. The Clink Re*aulPAIt Company Oper￿e$ the rE51auranls In futhlment ofthE charitlscha￿able purpDse. The Clink Cheity 1$ $¢le memberolThe Clink Café Cnslity. & ¢hoit8ble incorpor￿ed organi￿lon-ClO" Icharity number 1180942 Company number CE0157£6. iegistei office 1 LondDn Bridge. London SE1 9BGI which QPErate$ a Calè in central Manchester. The Clink Cafè Cha￿Y has ceased tiadin9 ss at 31 De￿￿ber2o20 The Clink Chstrty 51sD Owllsthe Wh￿e0ft￿e ShaTeca[￿al olthefoll(winu doThnant sUb￿dIaneS Entity Natn¥ The Clink BakeryLtd The Clink Cèfé Ltd The Clink Cdlege Ltd The Clink Events Ltd The Clink GardEllS Ltd The Clink T[￿ning Ltd The Clink KittheThS Ltd Thè Clink Énd Cdlect Ltd The Clink at Home Lld company ReglstrnuO￿ No. 100% whdly134vnEd 5ubsidiaryldOttmant 100% whdlyo4vned Subsidiaryldottmant 100% whdlyiJ4vnEd 5ubsidiaryldDttmant 100% wh(AIyo4vnEd 5ubsidiaryldDttmant 100% wh(AIyo4vnEd 5ubsidiaryldDttmant 100% whcllyo4vnEd SubYidiaryldDttmÈnti 100% Wh￿ly￿￿¥ThEd SubSidi8ryldOtmi8nti 100% whcllyowned SubSi 2,462.664 559,500 Deferrth Income al 31 December 2,535,068 £28,844 2,462,664 SS9,500 12 CREDtroRS.. AMOUNTS FALLING DUE WITHIN MORE THAN ONE YENR Group 2021 Cha￿ty 2021 2020 2020 Repayab￿ grant 210.000 210.000 210000 210.000 The Rank Foundation have provided a repayable grant to IhechaDtyal a Ovo Interest rate wih no early repayment C￿uSe. Since the balance sheet date the Itustees of the Rank Foundalion have agreed lo e￿end the repayment dalefrotn September 2022 to De￿rnber 2028. 28 THE CL NK CHAR NOTES TO THE FINANc￿L STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202D ICONTINUEDI 13 GROUP- RECONCILIATION OF MoveMENTS IN TOTAL FUNOS BrDught FgNard CBrripd Fotward In¢gm* Ex￿nd￿r• Tran$f*rs Unrt$trKted fund6 Generalfunds 1,897,302 138.424 1,562,625 1,561,625 11,554,759 Tolal Unr8strktod Funds 1.701.049 2.028.880 828.127 ROStr￿ts￿ funds The Innhok1er$' Chadlable FouThdalon Wendy OsoriD savoyEducE￿Tr T￿¥t Juka and Hans RaUS￿g Trust Sandy & Sue A￿￿hnOt Th9 R¥nk Ftsjndaiion Anton￿ Cartuccio FoundatiDn The Davhy S Ruth Lewl$ Faméy cnèrttabk Tru$i Thg Worshipful Company of Cooks City Bndge Tnjst FlshfflDngèrs' Company Stiftung Aux11￿m FQ￿ndItIOn-P0rti￿S The So￿6￿1th$ Company Bea1r1￿ Lanu Butther5 Dr(wets chafitab￿ lThstilub)n PCC RR Gra￿lf￿nding Thè ¢I￿kR&S12￿ra￿l Cib5Dn Chartabk Iru5t Carditf Bomws Challtsbl8 Tiusl COVIDIg Shenff & RecordersCOVID 19 Maik Leonard Tw61 COVID 19 COVID19 Graduate Supportfund 10,080 135.0 119,084 15.827 302,048 50.000 7,357 6,000 94,788 246,375 35.5 57,500 42.000 35.000 40.300 24,387 3.655 84,503 7.066 29,470 51,070 83.333 10,000 (lo.￿0) 4.860 4.860 11,8531 15.000 12,Wl 13,341 8.42B 113,3411 8.428 Total Ro¥trKtsd Funds 516,775 SOJ,887 1482,0601 538,602 Total Fund$ 1.870.723 2.204.938 2.51D.920 1.984.739 COMPARATWE INFORMATK)N.. GR()UP- REcONCl￿T￿)N OF PAOVEMENTS IN TOTNL FUNDS YE*RENDED 31 DECEMBER 2020 Brought Forward Carrip Forémrd 2020 Incom• Exppnditur• Trnn$f•r Urrn$trkt•d funds Geneollunds 1445,6131 1,897,302 1743.&54 1,721.08B TDt&l Unre$titted Fund$ 414.736 2.858,603 1,153.94 RestrKted fvnd$ The InnhoWÈrs' Chariiable Founddbtsn SavoyEdUca￿Tr T￿st The Juta and Hans RaU5￿g T￿￿t Sandy & A￿￿th￿0t Rank Fo￿ndatIOn Antonh) Carlu¢¢iO FOunda￿)n The Wotshipfrjl Company ¢f Cooks City Bndge T￿sI The Fl$hmonger5' Company SlfftunQ Aux11￿M F¢utsdation- Portitrjs PCC Granlfunding The ¢I￿￿￿est$Ur&Trl BoThDWS Chantable TN5t COVlD19 Matk LeonardT￿5￿cOvlD 19 COV1019 Gradua￿ Supportfund 7,500 7,500 241.778 30,000 27,6B7 6,000 8,833 8,750 31.5 30.000 100.C 50.000 10,980 302.N6 SO,￿0 7,357 6,(M)O 24,367 3.655 84,503 7,1k$6 1.633 20,000 40,QQD 17.500 38,000 83,333 120,0001 I3,0￿) 34,500 13,341 Totsl Rostritsd Fund5 443,239 420,333 506,775 Total Fund$ 927.975 3.27$.938 12.54$.4881 I.$￿.72) 29 THE CL NK CHAR TY NOTES TO THE FINM4CL4L STATEMENTS FOR THE YE#R ENDED 31 DECEMBER 2020 ICONTINUEDI 13a ¢HNRITY-RecoNCIL14TKIN OF 140VEMENTS IN TOTAL FUNDS Brought Foywavd Carriod FoY%¥ard 2021 In¢omg expenditure Tran$lers Unrnstictod-G•n8rn1 funds 568,697 138,424 Rostrf¢trd fund$ The lTrnholder5' Charitabk Founda￿( Wendy Osodo Savoy Education TtUSt 10.980 135,WO 302.046 50.000 7.357 8,0th) 94,766 240.375 Santty & SueAtbuthnot The R3nk FoUnda￿Tr Anionlo cathC￿ FO￿ndall0 The David & Ruth Le￿S Farnity Chst*4ble Trust Th¢ wotship1￿1 Company DICty)k6 Cty Bridge TNst The Fi6hmon9er$' Company Stlftullg Auxlium FOUnda￿On- Pollicus The G￿d5m￿sc0rnpa￿Y 89atnca Lang Butchet5' Drovers ChanL9t￿P Insti￿tIO PCC RR Grani Th9 CllnK R9$laU￿nt Gibsan Chantable trusl CardrfF Bom>wS Chanlabk TnJ5lCOVID19 Sh@lltf& Rocorders ¢OVID 19 Mark Leonard Tw5t COVID 19 COVID19 Giadua19 $￿p￿rtI￿nd 35,500 57.500 42,000 35,000 40.300 29.412 29.470 18.552 31.070 24.367 3.655 64,503 7,oe6 83,533 190,3991 10.000 4.860 4.B60 1.633 5,000 2,500 8,428 8.428 T¢tsl ReStri¢tEd Fund$ 516,T75 5D3,867 1462,0501 538.602 Totsl Fund5 1.085,372 642,311 CHARITY-COMPARATniE TrIFORMATION.. RECONCILL4TION OF MOVEMENTS IN TOTAL FUNDS YEAR ENDED 31 DECEMBER 2D2Q Brought Foyward Carriod Foyward 2020 Incom ExpAndltur Transfors U￿￿$t1¢ted-Gene[4I funds 499,610 568,597 ReStrirtEd fund$ The lTrnholder5' Charitabk Founda￿( Savoy Education TNst Th8Julia 3nd Hans Rausing Ttust Sandy & SuèAtbuthnot The Rank Founaaih) AnioniD cathCC￿ Found&lion TheWor5hipful Company Df Cooks Cty Bridge TNst The Fi6hmon9ers' Company stinung Aux1iU￿ FoundaboTr- Porficu5 Beatnce Lang PCC RR Grant[uTrd￿gTh8 Clink R8Staurant Gibson Ch3lltsblé trusl C3rdrfr Bo￿OwS chantab￿ TMSI COVIDI9 Shenff & RE¢Oldets COVID 19 Mark Leonard Tw5t COVID 19 COVID19 Gtaduale Supportfund Totsi R*s¢rf¢¢¢d Fund$ 7.5 7.5 241.778 30.000 27.667 6.0 B.833 8.750 105.211 I1.5￿ 10.980 15.827 302 046 50.000 7.357 6.000 24.367 3.655 64.503 7.066 10.000 30.000 100,000 50,000 20,000 40.000 120.000 38,000 83.333 10.000 5,000 5,000 2,000 13,0th)1 3.000 34.500 13.341 443.239 942.B49 436,333 1.573,847 1312,7971 $16,775 Tolal Funds THE CL NK CHAR TY NOTES TO THE FINANCL4L STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2D21 ICONTINUEDI 13 Re¢oNCILL4TK)N OF MOVEMeNTS IN TOTAL FUNDS ICONTINUEDI The Innholders, Ch&fftab￿ F*undalign Pmvidegfor mentonng ana Supptrrtfof HMP Bthion restaurani. S&vOy EdufAion&l Trugtfutsding i¢wardS ¢Ots ¢O*SOf The C&fé ¢haTity and Ol*du&ie ￿￿1￿0 ¢tssts s¢ross al p￿Je￿& The Rank Found￿￿Tr for￿efUnding of a Senerd ManagErfDrClThk Events at HMP DowwiEW. Wendy 050nO prowdE5fundingfDrgraduate 5UPPOrtC0515 CardenerHMP H￿h Down. Theworshipful Companyof c￿kS provwJe5funding forsous cheflthef Irainer mentorat HMP Downview. The David & Ruth Lebw5 Farnily Chantsble Trust provides fundingforSupportWcwkerslCardrfFand Sty&1I. City Bridge Ttust p￿Vide5 (und￿gfQr￿ supportworkerat HMP H¥Jh Dowllview. The FishmoThgets' Company providesfunding for HMP Styal GardBnlllg Projecl Istsff costs and capexl Sirnon Gibson Chantable Trust providesfundingforHMP Cardrff. Antonio Founda￿[￿ provid@s tundingfor3 tra￿88 ￿￿C8S and sousth@f. B8atrc8 Laingfunding forn8w Ov8ThsalHMP High Down Fundin9 r8c8iv8d forth8 G￿kS Kiich8ns Proiéctis refi8ctsd by beknwfunds The Julia and Hans Rausino Ttusl Sandy & SueAtbuthnDt Stinung AuyAium- PDrti¢uS covitk19 Cknk Gradua19 Emèr9onw S￿PPort Fund to provldgem*r9eDW￿0mMOdalKb￿, bas*prov*w$?Dd Olhgr @ssenbatsto Clink Graduat@s ￿ né@d In tha Comrnunty. 14 GROUP-ALLOCATK)N OF NET ASSETS FvAod *A$ets Curr•nt Astsets Cur&nt Non CuThont LIabIl￿¢S Total G8n8ral tund Trad￿g￿n￿5 Restr¢ied Funds 435.164 409,280 2,993.836 1 336461 11.690,6421 12.455,2341 1210,(M)01 54S,865 1735,4811 538 602 $45h$S 3.838.289 1.364.739 Fixod Asjots cUr￿￿t Ass•ts Cur*nt Non Cutront Liabil￿ 2020 Total Gener81 Trad￿g￿n￿3 Restr￿ed Funds 794.8fj8 243.633 1.076.275 1.312.434 11.845.153) 1210.1W)01 658.166 516 775 1.07Q.723 14a cHARITy-ALLOCAT￿N OF NET ASSET5 cUr￿ll1 As$pts Curènt Non Curront Llabllthos *sets Total General Restrrted Funds I210.￿0) 232.921 53B 602 2.993.836 3 465 627 2.455 234 2484 106 210 000 Current A66Èts ¢ur*nt Non Cumnt LiabilthÈS 2020 Totsi Gsnèral tund Re$tr¢i¢d Funds 795.611 1.070,275 1210,th)01 5¢8.$97 510.775 1559,5001 THE CLINK CHARITY NOTES TO THE FINANCiAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ICONTINUEDI 15 RELATED PARTY TR￿SACTIONs Donations reC￿vedfrorn ttustees in the year 5mountedio £NILI2020 £NILI During the yeor, The Clink Chariiy provided gran150f£711,47912020 £587,955110 The aink R*5taurant Cornpany ￿mIted IncludiTwJ COIAD19 support grants 01£30.80912020E33.4091. Included In the balance $he&tforthe ¢harityi$ balance of £36,62712020 £NILI ¢ugfiom Th& Clink Restaurant Company Limilgd. Interest of ENIL12020 £NILlwas charged on the loan bolonce. During the year, Th* Clink ChaTriy P￿VIded graniso1£128,50012020'. £88.9851 lo Clink TiadiDg Limited. Indudaj In the b8lgnee $heètforthe Ch8rityiS bgl8nee of £NIL12020 £NILI duelo Clink Trading ￿mIted. Int8r88t ￿gNILl2020 £NILlwas chargéd on the loan balancé. During the year. The Clink Cha￿Y provided orènts ortNIL12019 £50.1071 to the Clink Cafe. Induded in Ihe baance Sheel fo1lhecha￿Y Is balanceof£NIL12020 £NILI dueto the Clink Cafe. Interest of£NIL 12020 £NILI cherged trnthe loon balanee. 16 Retonclllauon of netexpendltureto netcash flow from operaung actlvlues 2021 2020 Net Income for the reporting peTi Adlu9tments ior Interest receivable DeVe￿allOn Di$po$al Of fixea 8$$e Decrease IIIDcreasel In sliKk Ilncreasel In debtors I IDeueas&i in cr8dd¢tS 1305,9841 742,748 12751 171.857 39,339 187,892 68,761 14,567 39,080 11.23g,967 Net Ci8h provided by oper*ting activit 1,854,204 1254,7591 17 Opor&fjn9 L￿9￿jrn￿1lID￿n1S Theoroup has the beluw mlnimum leasepaymenispayable under ￿￿-c￿￿ceNab1e ￿er8￿nglea5eS rr4n9eTTrpTrts ￿1 the Ippurting date. Gyoup PlaAi& Oftlc• M4ohinery Euuipmpnt Char ToLI1 TtsLI1 Otri¢e EgUlm¢nt 2021 2020 2020 Wltlin a y8ar TwotofivE ye4rs 7.634 10,5 2.866 15,952 13.￿6 2.866 5.732 5.732 13.366 5.732 J.59B 32 THE CL NK CHAR TY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ICONTINUEDI 18 COMPARAnVE INFORMA￿ON.. 5TATEMENTOF FINANcIALACTm￿ES (INcLU￿NG INCOME AND EXPENDITUREACCOUNTI FOR YEAR ENDED21 DECEMBER 20201 Unrestrfcted Restrfcted Fvnd$ Funds Total 2020 Total 2019 Income Income from Taising funds 436.333 1.597,405 1.043,369 651,273 2,889 1.052.S94 2.497,619 1,043,369 651.273 2.889 Governmenl CJRS GraDI Income Income from Investments 2,006 Total inrom 2,858.603 436.333 3,294,936 3,55ZA09 Expeniliture Expenditure on raising funds EX￿ndItUre on Charitable Activitses 87.373 37,373 47,866 P￿nErypurp￿trBdinU.tr￿inl￿￿ Bnd mElltorn 2,068.773 83.245 327.271 35.528 2.398,044 118.T11 3.231,900 102,047 Total expendfture 2,189,391 362,797 2,552,188 3,381,813 Not in¢omo forthe yo8r 669.212 73,536 742,748 17O,$96 GrDS5 Ir2nslers betfften funds Net movernents In funds 869.212 73.536 742,748 170,506 Funds broughtforward 484.73e 443.239 927 975 757 379 Funds carrfed for%vard 1 153 947 516 776 1670 723 927 975 33