## |CONTEN'TS||| |---|---|---| |Legal and administrative||information| |Statement from the Chairman||| |Report ofthe|trustees|| |Independent|examiner's|report| |Statement of|financial activities|| |Balance sheet||| |Statement of|cash flows|| |Notes to the financial statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2020|||2019| |---|---|---|---|---|---|---|---|---|---| ||||Notes|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||||E|E|E|E|E|f| |Income from:|||||||||| |Donations
and legacies|||3|498,046|153,641|651,687|558,872|82,276|641,148| |Other trading activities|||||||||| |Fundraising
events|||4|3,620||3,620|8,215||8,215| |Investment
income|||5|626||626|640||640| |Total income||||502,292|153,641|655,933|567,727|82,276|650,003| |Expenditure on:|||||||||| |Raising funds||||171,337||171,337|206,610||206,610| |Charitable
activities|||||||||| |Grant Making||||179,412|45,290|224,702|305,328|72,850|378,178| |Schools Outreach||||56,284|60,814|117,098|62,002|31,873|93,875| |Total charitable
activities||||235,696|106,104|341,800|367,330|104,723|472,053| |Total expenditure|||6|407,033|106,104|513,137|573,940|104,723|678,663| |Net income / (expenditure)||forthe|||||||| |year and net movement|in|funds|7|95,259|47,537|142,796|(6,213)|(22,447)|(28,660)| |Reconciliation
offunds:|||||||||| |Total funds brought forward||||197,102|29,846|226,948|203,315|52,293|255,608| |7 I If
d
«I df|d||17|292361|77383|369744|197102|29846|226 948| ## ## |Forthe year|en|ded 31Decem|ber 2020||||| |---|---|---|---|---|---|---|---| |||||2020||2019|| ||||Notes||||| |Current Assets|||||||| |Debtors||||105,112||79,424|| |Cash at bank||||301,733||226,236|| |||||406,845||305,660|| |Current Liabilities|||||||| |Creditors|||12|15,597||23,260|| |Grants payable||in one year|14|21,504||55,452|| |||||37,101||78,712|| |Net Current|Assets||||369,744||226,948| |Total Net Assets|||||369,744||226,948| |Funds|||||||| |iJnrestrlcted|funds||||||| |Genera
Ifunds|||||292,361||197,102| ||||||292,361||197,102| |Restricted funds|||||77,383||29,846| |Total funds|||||369,744||226,948| ## ## ||Note|2020|2020|2019|2019| |---|---|---|---|---|---| |||E|E|E|E| |Net cash protdded
by/ (used in) operating|||||| |activities|16||74,871||(82,797)| |Cash flows from investing activities:|||||| |Interest from investments||626|||| |Cash provided by/ (used in) investing activities|||626||| |Change
in cash and cash equivalents
in the year|||76,497||(82,157)| |Cash at bank and in hand at the beginning ofthe year|||226,236||308,393| |Cash at bank and in hand atthe end ofthe year|||301,733||226,236| ## ## ## ## ## ## ## ## ## ## ## ## ||||2020|2019| |---|---|---|---|---| ||||Total|Total| ||||f|E| |Income||||| |Donations|and legacies||651,687|641,148| |Other trading activities||||| |Fundraising|events||3,620|8,215| |Investment|income||626|640| |Total income|||655,933|650,003| |Expenditure||||| |Expenditure|excluding grants awarded||379,607|429,418| |Surplus / (deficit) before grants||awarded|276,326|220,585| |less:||||| |New grants|awarded||147,836|257,550| |Adjustments|to grants awarded|in prior years|(14,306)|(8,305)| |Surplus / (deficit) forthe year|||142,796|(28,660)| ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |Individual
donations
and|legacies||429,452|11,891|441,343|456,361| |Trust and Foundations|||59,594|141,750|201,344|184,787| |Corporate Sponsorship|||9,000||9,000|| ||||498,046|153,641|651,687|641,148| |Donations from Trusts &|Foundations|||||| |Anonymous||||||2,500| |Basil Samuel Charitable
Trust|||5,000||5,000|5,000| |Drapers'
Charitable
Fund||||||5,000| |Esmee Fairbairn
Foundation|||8,000||8,000|| |Foyle Foundation||||20,000|20,000|| |Goldman
Sachs Giving UK|||5,000||5,000|5,000| |Hugh Fraser Foundation||||5,000|5,000|| |John Coates Charitable
Trust|||3,000||3,000|| |National
Lottery Heritage|Fund|(BigGive)|25,294||25,294|| |The A.G.Leventis Foundation||||50,000|50,000|30,000| |The CPFTrust|||2,000||2,000|| |The Garfield Weston Foundation||||||25,000| |The Gatsby Charitable
Foundation|||7,500||7,500|5,000| |The Headley Trust|||2,000||2,000|| |The Hobson Foundation||||||47,162| |The Mrs FBLaurence Charitable||Trust|1,000||1,000|| |The Polonsky Foundation||||33,000|33,000|7,000| |The Rank Foundation||||21,000|21,000|| |The Reed Charity (BigGive)||||||11,250| |The Rushworth
Foundation||||12,750|12,750|11,000| |The Staples Trust||||||10,000| |Waterloo Foundation||||||10,625| |Wates Foundation||||||10,000| |Donations
under f1,000each|||800||800|250| |Total Trusts &Foundations|||59,594|141,750|201,344|184,787| |||||Ol
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V||| ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| |Brymore|Academy|||||3,500| |Cambridge||Classics Network|6,000||6,000|6,000| |The Classical Association ofScotland Schools'||||||| |Network|(CASN)||10,000|5,000|15,000|18,000| |Harrow Summer School CPD Annual||||||4,799| |fewish Community
Secondary School||||||5,000| |Lionheart||Academies Trust||||5,000| |Liverpool|College|||12,723|12,723|14,500| |Liverpool|College- Greek Academy|||3,240|3,240|| |Oxfordshire,
Berkshire and Buckinghamshire||||||| |Network|||5,000||5,000|5,000| |Patcham|High School|||||5,871| |University||of Birmingham|3,000||3,000|31,600| |University||ofBristol|9,922||9,922|12,046| |University||of Durham||||8,000| |University||of Leeds|7,200||7,200|7,340| |University||ofLeicester|16,100||16,100|10,800| |University||of Liverpool -Greek Academy||8,651|8,651|8,651| |University||ofManchester|4,928||4,928|8,240| |University||ofWarwick|8,000||8,000|| |Wales Network||||||16,702| |10awards||off1,000tof3,000(2019:30)|11,100|5,201|16,301|43,480| |53Awards||ofunder f1,000(2019:84)|20,593|1,140|21,733|27,785| |63Awards||ofTraining (2019:33)|3,335|13,475|16,810|15,236| |Adjustment||to grants current year|(6,772)||(6,772)|| ||||98,406|49,430|147,836|257,550| |Adjustment||togrants prior years|(10,166)|(4,140)|(14,306)|(8,305)| |Net grants||awarded|88,240|45,290|133,530|249,245| ## |7|Net income/(|expenditure|)
for the ye|ar||||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| ||This isstated|after charging:||||||E| ||Independent|examiner's|remuneration|(excluding||VAT)|1,167|1,092| |8|Staffcosts and the cost||ofkey management||personnel|||| ||||||||2020|2019| ||||||||E|| ||Salaries and wages||||||220,696|190,602| ||Social security costs &pension||||||23,733|23,341| ||||||||244,429|213,943| ## ## ## ## ## ## ## |Creditors||| |---|---|---| ||2020|2019| ||f|6| |Trade creditors|1,822|9,910| |Tax and Social Security costs|2,375|2,110| |Accruals|1,400|1,240| |Deferred income|10,000|10,000| |Grants payable|21,504|55,452| ||37,101|78,712| ## |||||2020|2019| |---|---|---|---|---|---| |||||6|f| |Tenth Anniversary||||10,000|10,000| |||||10,000|10,000| |||||2020|2019| ||||||f| |Balance|at the beginning|ofthe year||10,000|10,000| |Amount|released to income in the||year||| |Balance|at the end ofthe year|||10,000|10,000| |Grants payable|||||| |||||2020|2019| ||||||6| |Brought|forward|||55352|55,634| |Awarded|in year (Round 10)|||133,530|249,245| |Paid in year (Round 9and||previous|rounds)|(167,478)|(249,427)| |||||21,504|55,452| ## ## ## ## |15|Analysis ofnet assets between funds|Analysis ofnet assets between funds||||| |---|---|---|---|---|---|---| |a)|Current year|||Unrestricted|Restricted|Total| |||||funds|funds|funds| ||||||f|f| ||Net current assets|||292,361|77,383|369,744| ||Net assets at31December|2020||292,361|77,383|369,744| |b)|Prior year|||Unrestricted|Restricted|Total| |||||funds|funds|funds| |||||f|f|6| ||Net current assets|||197,102|29,846|226,948| ||Net assets at31December|2019||197,102|29,846|226,948| |16|Reconciliation ofnet income I(expenditure)||to net cash|flow from operating|activities|| ||||||2020|2019| ||||||6|| ||Net income I(expenditure)|for the reporting|period||142,796|(28,660)| ||(aa per the statement of financial activities)|||||| ||Interest, rent and dividends|from investments|||(626)|(640)| ||(increase) / decrease in debtors||||(25,688)|(30,709)| ||(Decrease) / increase in creditors||||(41,611)|(22,788)| ||Net cash provided
by I(used in) operating||activities||74,871|(82,797)| ## ## ## |a) Current year|||||At start of|incoming|Outgoing||At end of| |---|---|---|---|---|---|---|---|---|---| ||||||year
f|resources
f|resources|Transfers
f|year
f| |Restricted funds|||||||||| |Foyle Foundation||||||20,000|||20,000| |Hugh Fraser Foundation||||||5,000|5,000||| |Individual
Donation||||||11,891|11,891||| |Rushworth
Charitable||Trust||||12,750|12,750||| |The A.G.Leventis|Foundation||||18,979||18,979||| |The A.G.Leventis|Foundation|||2020||50,000|35,418||14,582| |The Polonsky Foundation||||||3,000|3,000||| |The Polonsky Foundation|||2020|||30,000|833||29,167| |The Rank Foundation||||||21,000|7,366||13,634| |Waterloo Foundation||2019|||1,700||1,700||| |Wates Foundation|||||9,167||9,167||| ||||||29,846|153,641|106,104||77,383| |Unrestricted
funds|||||||||| |General funds|||||197,102|502,292|407,033||292,361| |Total Unrestricted|Funds||||197,102|502,292|407,033||292,361| |Totalfunds|||||226,948|655,933|513,137||369,744| |b) Prior year|||||At start of|Incoming|Outgoing||At end of| ||||||year
f|resources
f|resources
f|Transfers|year
6| |Restricted funds|||||||||| |Fountainhall
Trust||||||5,000|5,000||| |Individual
Donation||||||8,651|8,651||| |The A.G. Leventis|Foundation||||5,582|30,000|16,603||18,979| |The BigGive Christmas||Challenge|||30,769||30,769||| |The Polonsky Foundation|||||8,163|7,000|15,163||| |The Rushworth
Foundation||||||11,000|11,000||| |Waterloo
Foundation|||||7,779|10,625|16,704||1,700| |Wates Foundation||||||10,000|833||9,167| ||||||52,293|82,276|104,723||29,846| |Unrestricted
funds|||||||||| |General funds|||||203,315|567,727|573,940||197,102| |Total Unrestricted|Funds||||203,315|567,727|573,940||197,102| |Totalfunds|||||255,608|650,003|678,663||226,94e| ##