| Contents |
Pages |
| Trustees, officers, and advisers |
2 |
| Reportofthe trustees |
3- 13 |
| Reportofthe auditors |
14- 17 |
| Consolidated Statementoffinancial activities and income and expenditure account |
18 |
| Balance sheets |
19 |
| Consolidated Cash flow Statement |
20 |
| Notes to the financial statements |
21- 32 |
| Chief Executive |
|
|
| YMThomas |
|
(appointed23rdMarch 2022) |
| Company Secretary |
|
|
| D Whitworth |
|
|
| Bankers |
Coutts & Co |
NatWest |
|
440Strand |
135Bishopsgate |
|
London |
London |
|
WC2ROQS |
EC2M3UR |
| Solicitors |
Howard Kennedy LLP |
|
|
No1London Bridge |
|
|
London |
|
|
SE19BG |
|
| Auditors |
Moore Kingston |
Smith LLP |
|
9 Appold Street |
|
|
London |
|
|
EC2A2AP |
|
28 July 2023
| INCOME AND EXPENDITURE |
|
Unrestricted |
Restricted |
Total |
Total |
|
Note |
Funds |
Funds |
2022 |
2021 |
|
|
£ |
£ |
£ |
£ |
| Income |
|
|
|
|
|
| Incomefrom raising funds |
2 |
257,427 |
1,066,008 |
1,323,435 |
657,148 |
| Incomefrom charitable activities |
5 |
2,687,100 |
|
2,687,100 |
1,126,675 |
| GovernmentCJRS Grant Income |
|
|
|
|
420,838 |
| Income from investments |
4 |
4,286 |
|
4,286 |
275 |
| Total income |
|
2,948,813 |
1,066,008 |
4,014,821 |
2,204,936 |
| Expenditure |
|
|
|
|
|
| Expenditureon raising funds |
6 |
37,942 |
|
37,942 |
33,052 |
| Expenditure on CharitableActivities |
|
|
|
|
|
| Primary purpose trading, training and mentoring |
6 |
2,944,418 |
1,232,825 |
4,177,243 |
2,353,434 |
| Other charitable expenditure |
6 |
70,293 |
33,651 |
103,944 |
124,434 |
| Total expenditure |
6 |
3,052,653 |
1,266,476 |
4,319,129 |
2,510,920 |
| Netincomeforthe year |
|
(103,840) |
(200,468) |
(304,308) |
(305,984) |
| Grosstransfers between funds |
13 |
|
|
|
|
| Net movementsinfunds |
|
(103,840) |
(200,468) |
(304,308) |
(305,984) |
| Funds brought forward |
|
826,137 |
538,602 |
1,364,739 |
1,670,723 |
| Funds carriedforward |
|
722,297 |
338,134 |
1,060,431 |
1,364,739 |
|
|
Group |
Group |
Charity |
|
|
|
2022 |
2021 |
2022 |
2021 |
|
Note |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| FixedAssets |
8 |
463,834 |
545,865 |
|
|
| Investments |
9 |
|
|
2 |
2 |
|
|
463,834 |
545,865 |
2 |
2 |
| Current assets |
|
|
|
|
|
| Stock |
|
85,406 |
73,736 |
|
|
| Debtors |
10 |
171,934 |
111,949 |
11,402 |
39,233 |
| Cashatbank |
|
2,670,960 |
3,652,604 |
2,456,529 |
3,426,394 |
|
|
2,928,300 |
3,838,289 |
2,467,931 |
3,465,627 |
| Creditors: amounts fallingduewithin |
|
|
|
|
|
| one year |
11 |
(2. 121,703) |
(2,809,415) |
(1,696,630) |
(2,484,106) |
| Netcurrent assets |
|
806,597 |
1,028,874 |
771 ,301 |
981,521 |
| Creditors: amounts fallingdueafter |
|
|
|
|
|
| more thanoneyear |
12 |
(210,000) |
(210,000) |
(210,000) |
(210,000) |
| Netassets |
|
1,060,431 |
1,364,739 |
561,303 |
771 ,523 |
| Funds |
13 |
|
|
|
|
| Unrestricted funds |
|
722,297 |
826,137 |
223,169 |
232,921 |
| Restricted funds |
|
338,134 |
538,602 |
338,134 |
538,602 |
|
|
1,060,431 |
1,364,739 |
561,303 |
771,523 |
|
Note |
2022 |
2021 |
|
|
£ |
£ |
| Cash flows from operating activities: |
|
|
|
| Netcash (usedIn)/providedbyoperating activities |
16 |
(898,505) |
1,854,204 |
| Cash flows from Investing activities: |
|
|
|
| Interestreceivable |
4 |
4,286 |
275 |
| Purchaseofproperty, plantand equipment |
8 |
(87.425) |
(98,894) |
| Netcash (used In) Investing activities |
|
(83,139) |
(98,619) |
| Change In cash and cash equivalentsInthe reporting period |
|
(981 ,644) |
1,755,584 |
| Cashandcashequivalentsat thebeginning of thereportingperiod |
|
3,652,604 |
1,897,020 |
| Cashandcash equivalents at the endofthe reportingperiod |
|
2,670,960 |
3,652,604 |
| AnalysisofCashandCash Equivalents |
|
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
| Cashin hand |
|
1,166 |
78 |
| Cashatbank |
|
343,898 |
335,316 |
| Short Term& ImmediateNotice deposits |
|
2,325,896 |
3,317,210 |
| Total cash and cash equivalents |
|
2,670,960 |
3,652,604 |
| AnalysisofChangesindebt |
|
|
|
|
1Jan2022 |
Cashflows |
31Dec 2022 |
|
£ |
£ |
£ |
| Cashatbank |
3,652,604 |
(981 ,644) |
2,670,960 |
| Loans fallingduewithinoneyear |
|
|
|
| Loansfallingdue aftermorethanoneyear |
|
|
|
|
3,652,604 |
(981,644) |
2,670,960 |
| Leasehold |
10% |
perannum |
| Plant and machinery |
10% |
per annum |
| Fixtures and fittings |
10% |
per annum |
| Motor vehicles |
10% |
perannum |
| Computer equipment |
20% |
perannum |
| VOLUNTARY INCOME |
|
|
|
|
|
Unrestricted |
Restricted |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Donations |
181 ,858 |
|
181,858 |
68,444 |
| Gift aid |
7,470 |
|
7,470 |
2,375 |
| Grants |
8,000 |
1,066,008 |
1,074,008 |
572,039 |
|
197,328 |
1,066,008 |
1,263,336 |
642,858 |
| 2021 Total Voluntary Income |
138,971 |
503,887 |
642,858 |
|
| 2022 |
Unrestricted |
Restricted |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Rausing Foundation |
|
820,675 |
820,675 |
94,766 |
| WendyOsorio |
|
|
|
135,000 |
| Theinnholders'Charitable Foundation |
|
30,000 |
30,000 |
|
| RankFoundation |
|
|
|
25,000 |
| Stiftung Auxillum - Porticus |
|
83,333 |
83,333 |
83,333 |
| TheWorshipfulCompanyofCooks |
|
|
|
42,000 |
| CityBridgeTrust |
|
|
|
35,000 |
| PHA Arbuthnot |
|
50,000 |
50,000 |
|
| TheFishmongers'Company |
|
20,000 |
20,000 |
|
| David&RuthLewisFamilytrust |
|
30,000 |
30,000 |
57,500 |
| Blyth |
|
|
|
25,000 |
| AntonioCarluccioFoundation |
|
|
|
35,500 |
| Goldsmiths |
|
|
|
15,000 |
| GibsonCharitable trust Cardiff |
|
|
|
5,000 |
| Borrows CharitableTrustCOVID19 |
|
|
|
2,500 |
| Assistancewithsouschefsalary |
|
32,000 |
32,000 |
|
| BrakeFoundation |
8,000 |
|
8,000 |
|
| Othersmallgrants |
|
|
|
16,440 |
| Total Grant Income |
8,000 |
1,066,008 |
1,074,008 |
572,039 |
| 2021 Total Grant Income |
75,000 |
497,039 |
572,039 |
|
| OTHER FUNDRAISING ACTIVITIES |
|
|
|
£ |
£ |
| Fundraising events |
60,099 |
14,290 |
|
60,099 |
14,290 |
| All fundraislngevents incomeisattributable to unrestricted funds |
|
|
| INVESTMENTINCOME |
2022 |
2021 |
|
£ |
£ |
| Interest receivable |
4,286 |
275 |
|
4,286 |
275 |
| Investment income totalling £4,286areattributabletounrestricted funds (2021:£275) |
|
|
| INCOME FROM CHARITABLE ACTIVITIES |
2022 |
2021 |
|
£ |
£ |
| Income from restaurantsales |
630,602 |
146,805 |
| Incomefromtraining restaurants - trainingincome |
612,750 |
600,000 |
| Income from events catering - events income |
1,415,503 |
358,081 |
| Othercharitable income - other income |
28,245 |
21 ,789 |
|
2,687,100 |
1,126,675 |
|
Staff |
Direct |
Support |
Total |
| 2022 |
costs |
costs |
costs |
2022 |
|
(Note7) |
|
(Note 6a) |
|
|
£ |
£ |
£ |
£ |
| Expenditure on raising funds: |
|
|
|
|
| Expenditureonraising donations |
15,994 |
17,400 |
4,548 |
37,942 |
| Charitable activities: |
|
|
|
|
| General charitable activties |
78,026 |
|
22,186 |
100,212 |
| COVID19 Support |
|
3,732 |
|
3,732 |
| Restaurant operation, training and mentoring |
1,905,864 |
391,826 |
541 ,910 |
2,839,600 |
| Events operation, training and mentoring |
516,582 |
674,177 |
146,884 |
1,337,643 |
| Cafe operation, training and mentoring |
|
|
|
|
| Total expenditure |
2,516,466 |
1,087,135 |
715,528 |
4,319,129 |
|
Staff |
Direct |
Support |
Total |
| 2021 |
costs |
costs |
costs |
2021 |
|
(Note7) |
|
(Note 6a) |
|
|
£ |
£ |
£ |
£ |
| Expenditure on raising funds: |
|
|
|
|
| Expenditure on raising donations |
15,833 |
11,671 |
5,548 |
33,052 |
| Charitable activities: |
|
|
|
|
| General charitable activties |
69,518 |
|
24,362 |
93,881 |
| COVID19Support |
|
30,553 |
|
30,553 |
| Restaurant operation, training and mentoring |
1,252,057 |
144,950 |
438,779 |
1,835,786 |
| Events operation, training and mentoring |
239,616 |
194,059 |
83,973 |
517,648 |
| Cafe operation, training and mentoring |
|
|
|
|
| Total expenditure |
1,STT,024 |
381,233 |
552,662 |
2,510,920 |
| 6a |
AnalysisofSupport Costs |
Total |
Total |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
General expenses |
337,558 |
209,959 |
|
Information technology&Computer Costs |
56,822 |
49,106 |
|
Marketing&Website costs |
6,846 |
9,565 |
|
Insurance |
32,812 |
23,049 |
|
Bank charges |
4,065 |
3,032 |
|
Depreciation |
162,881 |
171,856 |
|
Irrecoverable VAT |
2,592 |
5,183 |
|
Governance Costs(6b) |
111,952 |
80,911 |
|
|
715,528 |
552,661 |
| 6b |
Governance costs |
Total |
Total |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Trustees Expenses |
|
|
|
Audit fees(i) |
37,490 |
32,723 |
|
Legal&professional fees |
67,187 |
46,306 |
|
Other professional fees |
7,275 |
1,882 |
|
|
111,952 |
80,911 |
|
|
Total |
Total |
|
|
2022 |
2021 |
|
|
£ |
£ |
|
(i)Audit fees analysis |
|
|
|
Audit fees - Current year |
26,190 |
23,605 |
|
Audit fees - prior year under accrual |
3,990 |
3,218 |
|
- Non-audit services |
7,310 |
5,900 |
|
|
37,490 |
32,723 |
| STAFF COSTS |
2022 |
2021 |
|
£ |
£ |
| Wages and Salaries |
2,206,593 |
1,377,370 |
| Social Security contributions |
226.975 |
132,723 |
| Pension contributions |
82,898 |
66,931 |
|
2,516,466 |
1,577,024 |
| The average numberofemployees in the year was75(2021 -46) |
|
|
| Staff costs allocated withinexpenditure as: |
2022 |
2021 |
|
£ |
£ |
| Expenditure on raising funds |
15,994 |
15,833 |
| Charitableactivities |
2,500,472 |
1,561,191 |
|
2,516,466 |
1,577,024 |
| during the year was £483,320 |
(2021 : £360,237). |
|
|
| Employees paidover£60,000 |
fellinto the following bands: |
2022 |
2021 |
|
£90,000 - £100,000 |
|
|
|
£80,000 - £90,000 |
|
|
|
£70,000 - £80,000 |
1 |
|
|
£60,000 - £70,000 |
3 |
|
|
Leasehold |
Plant& |
Fixtures& |
Motor |
Office |
|
|
Property |
Machinery |
Fittings |
Vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
|
|
| At1 January 2022 |
79,356 |
590,850 |
884,966 |
73,334 |
39,187 |
1,667,693 |
| Additions |
|
85,149 |
1,419 |
|
857 |
87,425 |
| Disposals |
|
|
|
(13,149) |
|
(13,149) |
| At31December 2022 |
79,356 |
675,999 |
886,385 |
60,185 |
40,044 |
1,741,969 |
| Depreciation |
|
|
|
|
|
|
| At 1 January 2022 |
55,550 |
348,680 |
659,528 |
20,698 |
37,372 |
1,121,828 |
| Charge for year |
7,936 |
57,672 |
88,187 |
7,333 |
1,753 |
162,881 |
| Disposals |
|
|
|
(6,574) |
|
(6,574) |
| At31December 2022 |
63,486 |
406,352 |
747,715 |
21,457 |
39,125 |
1,278,135 |
| Net Book Value |
|
|
|
|
|
|
| At31December 2022 |
15,870 |
269,647 |
138,670 |
38,728 |
919 |
463,834 |
| At 31 December 2021 |
23,806 |
242,170 |
225,438 |
52,636 |
1,815 |
545,865 |
| EntityName |
Company Registration No. |
|
| The ClinkBakeryLtd |
12161670 |
100% wholly owned subsidiary (dorrmant) |
| TheClinkCafeLtd |
12710775 |
100%wholly owned subsidiary (dorrmant) |
| TheClinkCollegeLtd |
12704773 |
100% wholly owned subsidiary (dorrmant) |
| TheClinkEventsLtd |
12161627 |
100% wholly owned subsidiary (dorrmant) |
| The ClinkGardensLtd |
12704769 |
100% wholly owned subsidiary (dorrmant) |
| The ClinkTraining Ltd |
12161764 |
100% wholly owned subsidiary (dorrmant) |
| The ClinkKitchens Ltd |
12165242 |
100% wholly owned subsidiary (dorrmant) |
| The ClinkandCollect Ltd |
1271 1813 |
100% wholly owned subsidiary (dorrmant) |
| The Clinkat HomeLtd |
13161527 |
100% wholly owned subsidiary (dorrmant) |
|
Restaurant |
Restaurant |
|
Trading |
|
|
Cafe |
|
|
2022 |
|
2021 |
2022 |
2021 |
2022 |
|
2021 |
|
£ |
|
£ |
£ |
£ |
£ |
|
£ |
| Turnover |
2.489,674 |
|
1,838,447 |
1,439,917 |
542,504 |
|
|
|
| Costofsales |
{1,980,565) |
(1,222,327) |
|
(1,118,584) |
{379,120) |
|
|
|
| Gross profit |
509,109 |
|
616,120 |
321,333 |
163,384 |
|
|
|
| Administrative expenses |
{876,182) |
|
{622,523) |
(205,950) |
{175,573) |
|
|
{425) |
|
(367,073) |
|
(6,403) |
115,383 |
(12,189) |
|
|
(425) |
| Other operatingincome |
154,778 |
|
21,653 |
2,825 |
|
|
|
|
| Operating (loss)lprofit |
(212,295) |
|
15,250 |
118,208 |
(12,189) |
|
|
(425) |
| Exceptional income |
|
|
|
|
|
|
|
5,230 |
| (Loss)/Proflt on ordinary activities |
(212,295) |
|
15,250 |
118,208 |
(12,189) |
|
|
4,805 |
| Assets |
609,622 |
|
789,926 |
461,432 |
217,945 |
|
|
|
| Liabilities |
(277,567) |
|
(245,576) |
(294,355) |
(169,076) |
|
|
|
| Net Assets/(llabilltles) |
332,055 |
|
544,350 |
167,077 |
48,869 |
|
|
|
| DEBTORS |
|
|
|
|
|
Group |
|
Charity |
|
|
2022 |
2021 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Tradedebtors |
133,074 |
102,729 |
7,000 |
136 |
| Otherdebtors |
27,755 |
5,560 |
4,098 |
2,220 |
| Prepayments&Accrued Income |
11,105 |
3,660 |
|
250 |
| Due from subsidiary undertakings |
|
|
304 |
36,627 |
|
171,934 |
111,949 |
11,402 |
39,233 |
|
Group |
Group |
Charity |
Charity |
|
|
2022 |
2021 |
2022 |
|
2021 |
|
£ |
£ |
£ |
|
£ |
| Tradecreditors |
167,273 |
54,865 |
182 |
|
74 |
| Other creditors |
33,258 |
52,640 |
|
|
23 |
| Accruals |
82,908 |
59,442 |
25,483 |
|
19,000 |
| Deferred income |
1,680,864 |
2,535,068 |
1,643,709 |
2,462,664 |
|
| Taxation andsocial security |
157,400 |
107,400 |
2,842 |
|
2,345 |
| Duetosubsidiary undertakings |
|
|
24,414 |
|
|
|
**2,121,703 ** |
2,809,415 |
1,696,630 |
2,484,106 |
|
|
Group |
Group |
Charity |
Charity |
|
2022 |
2021 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Deferred incomeat1 January |
2,535,068 |
628,844 |
2,462,664 |
559,500 |
| Deferredincome released in the year |
(2,535,068) |
(628,844) |
(2,462,664) |
(559,500) |
| Incomereceivedinadvance |
1,680,864 |
2,535,068 |
1,643,709 |
2,462,664 |
| Deferred income al 31 December |
1,680,864 |
2,535,068 |
1,643,709 |
2,462,664 |
|
Group |
|
Charity |
|
|
2022 |
2021 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Repayable grant |
210,000 |
210,000 |
210,000 |
210,000 |
THE CLINK CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)
13 GROUP - RECONCILIATION OF MOVEMENTS IN TOTAL FUNDS
|
Brought |
|
|
|
Carried |
| 2022 |
Forward |
Income |
Expenditure |
Transfers |
Forward |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General funds |
1,561,625 |
132,355 |
(142,108) |
- |
1,551,872 |
| Trading funds |
(735,488) |
2,816,458 |
(2,910,545) |
- |
(829,575) |
| Total Unrestricted Funds |
826,137 |
2,948,813 |
(3,052,653) |
- |
722,297 |
| Restricted funds |
|
|
|
|
|
| The Innholders' Charitable Foundation |
- |
30,000 |
(26,283) |
- |
3,717 |
| Wendy Osorio |
119,084 |
- |
(85,584) |
- |
33,500 |
| Savoy Education Trust |
11,051 |
- |
(11,051) |
- |
(0) |
| The Julia and Hans Rausing Trust |
246,375 |
820,675 |
(820,675) |
- |
246,375 |
| PHA Arbuthnot |
- |
50,000 |
(50,000) |
- |
- |
| Antonio Carluccio Foundation |
40,300 |
- |
(40,300) |
- |
- |
| The David & Ruth Lewis Family Charitable Trust |
29,412 |
30,000 |
(50,117) |
- |
9,295 |
| The Worshipful Company of Cooks |
29,470 |
32,000 |
(32,071) |
- |
29,399 |
| City Bridge Trust |
18,552 |
- |
(18,552) |
- |
(0) |
| The Fishmongers' Company |
31,070 |
20,000 |
(42,070) |
- |
9,000 |
| Stiftung Auxilium Foundation - Porticus |
- |
83,333 |
(83,333) |
- |
- |
| Butchers’ and Drovers Charitable Institution |
4,860 |
- |
(4,860) |
|
- |
| COVID19 Graduate Support fund |
8,428 |
- |
(1,580) |
- |
6,848 |
| Total Restricted Funds |
538,602 |
1,066,008 |
(1,266,476) |
- |
338,134 |
| Total Funds |
1,364,739 |
4,014,821 |
(4,319,129) |
- |
1,060,431 |
COMPARATIVE INFORMATION: GROUP - RECONCILIATION OF MOVEMENTS IN TOTAL FUNDS YEAR ENDED 31 DECEMBER 2021
|
Brought |
|
|
|
Carried |
| 2021 |
Forward |
Income |
Expenditure |
Transfers |
Forward |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General funds |
1,897,302 |
138,424 |
(474,101) |
- |
1,561,625 |
| Trading funds |
(743,354) |
1,562,625 |
(1,554,759) |
- |
(735,488) |
| Total Unrestricted Funds |
1,153,948 |
1,701,049 |
(2,028,860) |
- |
826,137 |
| Restricted funds |
|
|
|
|
|
| The Innholders' Charitable Foundation |
10,980 |
- |
(10,980) |
- |
- |
| Wendy Osorio |
- |
135,000 |
(15,916) |
- |
119,084 |
| Savoy Education Trust |
15,827 |
- |
(4,776) |
- |
11,051 |
| The Julia and Hans Rausing Trust |
302,046 |
94,766 |
(150,437) |
- |
246,375 |
| Sandy & Sue Arbuthnot |
50,000 |
- |
(50,000) |
- |
- |
| The Rank Foundation |
7,357 |
- |
(7,357) |
- |
- |
| Antonio Carluccio Foundation |
6,000 |
35,500 |
(1,200) |
- |
40,300 |
| The David & Ruth Lewis Family Charitable Trust |
- |
57,500 |
(28,088) |
- |
29,412 |
| The Worshipful Company of Cooks |
24,367 |
42,000 |
(36,897) |
|
29,470 |
| City Bridge Trust |
3,655 |
35,000 |
(20,103) |
|
18,552 |
| The Fishmongers' Company |
64,503 |
- |
(33,433) |
|
31,070 |
| Stiftung Auxilium Foundation - Porticus |
7,066 |
83,333 |
(90,399) |
|
- |
| Beatrice Lang |
10,000 |
- |
(10,000) |
|
- |
| Butchers’ and Drovers Charitable Institution |
- |
4,860 |
- |
|
4,860 |
| PCC RR Grant funding The Clink Restaurant |
1,633 |
- |
(1,633) |
- |
- |
| Gibson Charitable trust Cardiff |
- |
5,000 |
(5,000) |
- |
- |
| Borrows Charitable Trust COVID19 |
- |
2,500 |
(2,500) |
- |
- |
| COVID19 Graduate Support fund |
13,341 |
8,428 |
(13,341) |
- |
8,428 |
| Total Restricted Funds |
516,775 |
503,887 |
(482,060) |
- |
538,602 |
| Total Funds |
1,670,723 |
2,204,936 |
(2,510,920) |
- |
1,364,739 |
28
THE CLINK CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 (CONTINUED)
13a CHARITY - RECONCILIATION OF MOVEMENTS IN TOTAL FUNDS
|
Brought |
|
|
|
Carried |
| 2022 |
Forward |
Income |
Expenditure |
Transfers |
Forward |
|
£ |
£ |
£ |
£ |
£ |
| Unresticted - General funds |
232,921 |
132,355 |
(142,107) |
- |
223,169 |
| Restricted funds |
|
|
|
|
|
| The Innholders' Charitable Foundation |
- |
30,000 |
(26,283) |
- |
3,717 |
| Wendy Osorio |
119,084 |
- |
(85,584) |
- |
33,500 |
| Savoy Education Trust |
11,051 |
- |
(11,051) |
- |
(0) |
| The Julia and Hans Rausing Trust |
246,375 |
820,675 |
(820,675) |
- |
246,375 |
| PHA Arbuthnot |
- |
50,000 |
(50,000) |
- |
- |
| Antonio Carluccio Foundation |
40,300 |
- |
(40,300) |
- |
- |
| The David & Ruth Lewis Family Charitable Trust |
29,412 |
30,000 |
(50,117) |
- |
9,295 |
| The Worshipful Company of Cooks |
29,470 |
32,000 |
(32,071) |
- |
29,399 |
| City Bridge Trust |
18,552 |
- |
(18,552) |
- |
(0) |
| The Fishmongers' Company |
31,070 |
20,000 |
(42,070) |
- |
9,000 |
| Stiftung Auxilium Foundation - Porticus |
- |
83,333 |
(83,333) |
- |
- |
| Beatrice Lang |
- |
- |
- |
- |
- |
| Butchers’ and Drovers Charitable Institution |
4,860 |
- |
(4,860) |
|
- |
| COVID19 Graduate Support fund |
8,428 |
- |
(1,580) |
- |
6,848 |
| Total Restricted Funds |
538,602 |
1,066,008 |
(1,266,476) |
- |
338,134 |
| Total Funds |
771,523 |
1,198,363 |
(1,408,583) |
- |
561,303 |
CHARITY - COMPARATIVE INFORMATION: RECONCILIATION OF MOVEMENTS IN TOTAL FUNDS YEAR ENDED 31 DECEMBER 2021
|
Brought |
|
|
|
Carried |
| 2021 |
Forward |
Income |
Expenditure |
Transfers |
Forward |
|
£ |
£ |
£ |
£ |
£ |
| Unresticted - General funds |
568,597 |
138,424 |
(474,100) |
- |
232,921 |
| Restricted funds |
|
|
|
|
|
| The Innholders' Charitable Foundation |
10,980 |
- |
(10,980) |
- |
- |
| Wendy Osorio |
- |
135,000 |
(15,916) |
- |
119,084 |
| Savoy Education Trust |
15,827 |
- |
(4,776) |
- |
11,051 |
| The Julia and Hans Rausing Trust |
302,046 |
94,766 |
(150,437) |
- |
246,375 |
| Sandy & Sue Arbuthnot |
50,000 |
- |
(50,000) |
- |
- |
| The Rank Foundation |
7,357 |
- |
(7,357) |
- |
- |
| Antonio Carluccio Foundation |
6,000 |
35,500 |
(1,200) |
- |
40,300 |
| The David & Ruth Lewis Family Charitable Trust |
- |
57,500 |
(28,088) |
- |
29,412 |
| The Worshipful Company of Cooks |
24,367 |
42,000 |
(36,897) |
- |
29,470 |
| City Bridge Trust |
3,655 |
35,000 |
(20,103) |
- |
18,552 |
| The Fishmongers' Company |
64,503 |
- |
(33,433) |
|
31,070 |
| Stiftung Auxilium Foundation - Porticus |
7,066 |
83,333 |
(90,399) |
|
- |
| Beatrice Lang |
10,000 |
- |
(10,000) |
|
- |
| Butchers’ and Drovers Charitable Institution |
- |
4,860 |
- |
- |
4,860 |
| PCC RR Grant funding The Clink Restaurant |
1,633 |
- |
(1,633) |
- |
- |
| Gibson Charitable trust Cardiff |
- |
5,000 |
(5,000) |
- |
- |
| Borrows Charitable Trust COVID19 |
- |
2,500 |
(2,500) |
- |
- |
| COVID19 Graduate Support fund |
13,341 |
8,428 |
(13,341) |
- |
8,428 |
| Total Restricted Funds |
516,775 |
503,887 |
(482,060) |
- |
538,602 |
| Total Funds |
1,085,372 |
642,311 |
(956,160) |
- |
771,523 |
29
| GROUP·ALLOCATIONOFNETASSETS |
|
|
|
|
|
|
Fixed |
Current |
Curent |
Non Current |
2022 |
|
Assets |
Assets |
LlabillUes |
Liabilities |
Total |
|
£ |
£ |
£ |
£ |
£ |
| General fund |
|
2,129,493 |
(367.621) |
(210,000) |
1,551,872 |
| Trading funds |
463,834 |
460,673 |
(1,754,082) |
|
(829,575) |
| Restricted Funds |
|
338,134 |
|
|
338,134 |
|
463,834 |
2,928,300 |
(2,121,703) |
(210,000) |
1,060,431 |
|
Fixed |
Current |
Curent |
Non Current |
2021 |
|
Assets |
Assets |
LlablllUes |
Liabilities |
Total |
|
£ |
£ |
£ |
£ |
£ |
| General fund |
|
435,164 |
1,336,461 |
(210,000) |
1,561,625 |
| Trading funds |
545,865 |
409,289 |
(1,690,642) |
|
(735,488) |
| Restricted Funds |
|
2,993,836 |
(2,455,234) |
|
538,602 |
|
545,865 |
3,838,289 |
(2,809,415) |
(210,000) |
1,364,739 |
| CHARITY·ALLOCATION OFNETASSETS |
|
|
|
|
|
|
Fhced |
Current |
Curent |
Non Current |
2022 |
|
Assets |
Assets |
Liabilities |
Liabilities |
Total |
|
£ |
£ |
£ |
£ |
£ |
| General fund |
2 |
2,129,797 |
(1,696,630) |
(210.000) |
223,169 |
| RestrictedFunds |
|
338.134 |
|
|
338,134 |
|
|
2.467.931 |
11.696.6301 |
1210.000) |
561.303 |
|
Fixed |
Current |
Curent |
NonCurrent |
2021 |
|
Assets |
Assets |
LlablllUes |
Liabilities |
Total |
|
£ |
£ |
£ |
£ |
£ |
| General fund |
2 |
471 ,791 |
(28,872) |
(210,000) |
232,921 |
| RestrictedFunds |
|
2,993,836 |
(2,455,234) |
|
538,602 |
|
2 |
3,465,627 |
(2,484,106) |
(210,000) |
771,523 |
|
2022 |
2021 |
|
£ |
£ |
| Netincomeforthe reporting period |
(304,308) |
(305,984) |
| Adjustments for: |
|
|
| Interest receivable |
(4,286) |
(275) |
| Depreciation |
162,881 |
171,857 |
| Disposaloffixedassets |
6,575 |
39,339 |
| (Increase) instock |
(11,670) |
(7,018) |
| (Increase) indebtors |
(59,985) |
39,089 |
| (Decrease)/Increaseincreditors |
(687,712) |
1,g11,196 |
| Net cash providedbyoperating activities |
(898,505) |
1,854,204 |
|
|
Group |
|
|
Charity |
|
|
Plant&
Machinery |
Office
Equipment |
Total |
Total |
Office Equipment |
|
|
2022 |
2022~ |
2022 |
2021 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Withinayear |
|
2,866 |
2,866 |
10,500 |
2,866 |
2,866 |
| Two tofiveyears |
|
|
|
2,866 |
|
2,866 |
|
|
2,866 |
2,866 |
13,366 |
2,866 |
5,732 |
|
Unrestricted |
Restricted |
Total |
Total |
|
Funds |
Funds |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Income |
|
|
|
|
| Incomefrom raising funds |
574,099 |
503,887 |
1,077,986 |
1,597,405 |
| Incomefrom charitable activities |
1,126,675 |
|
1,126,675 |
1,043,369 |
| Government CJRS GrantIncome |
|
|
|
651,273 |
| Incomefrom investments |
275 |
|
275 |
2,889 |
| Total Income |
1,701,049 |
503,887 |
2,204,936 |
3,294,936 |
| Expenditure |
|
|
|
|
| Expenditureon raising funds |
350,680 |
30,553 |
381,233 |
37,373 |
| Expenditure on CharitableActivities |
|
|
|
|
| PrimaryplXpose trading, training and mentoring |
1,577,024 |
|
1,577,024 |
2,396,044 |
| Other char~able expenditure |
552,663 |
|
552,663 |
118,771 |
| Totalexpenditure |
2,480,367 |
30,553 |
2,510,920 |
2,552,188 |
| Netincomeforthe year |
(779,318) |
473,334 |
(305,984) |
742,748 |
| Gross transfers between funds |
|
|
|
|
| Netmovementsin funds |
(779,318) |
473,334 |
(305,984) |
742,748 |
| Funds broughtforward |
1,153,947 |
516,775 |
1,670,722 |
927,975 |
| Fundscarried forward |
374,629 |
990,109 |
1,364,738 |
1,670,723 |