**Registered number: 07466391 Charity number: 1139326**
# **BERRY STREET FOUNDATION (UK) LIMITED**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
**BERRY STREET FOUNDATION (UK) LIMITED**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the company, its Trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7 - 8|
|**Notes to the financial statements**|9 - 18|
**BERRY STREET FOUNDATION (UK) LIMITED**
**REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Trustees**|D R Wolfe, Trustee|
|---|---|
||L G Wolfe, Trustee|
||R U Redpath, Trustee|
||V R Wolfe, Trustee|
|**Company registered**
**number**
07466391
**Charity registered**
**number**
1139326
**Registered office**
66 Lincoln's Inn Fields
London
WC2A 3LH
**Accountants**
Blick Rothenberg Limited
Chartered Accountants
16 Great Queen Street
Covent Garden
London
WC2B 5AH
**Bankers**
Barclays Bank plc
43 Brook Street
London
W1K 4HD
**Solicitors**
Farrer & Co LLP
66 Lincoln's Inn Fields
London
WC2A 3LH||
Page 1
**BERRY STREET FOUNDATION (UK) LIMITED**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the financial statements of Berry Street Foundation (UK) Limited (the company) for the year ended 31 December 2021. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The trustees' report includes those elements of a strategic report required under the Companies Act 2006.
## **Objectives and activities**
## **a. Policies and objectives**
The company is registered as a members' limited liability company and was set up by a memorandum of association.
The company is constituted under a memorandum of association and is a registered charity number 1139326.
The charity is constituted as a limited company and is therefore governed by its memorandum and articles of association.
The objects of the charity are such charitable purposes for the benefit of the public as the Trustees may from time to time see fit.
The charity is organised so that the Trustees meet regularly to manage its affairs. There must be a minimum of two Trustees and a maximum of six. Trustees can co-opt further Trustees whose appointments would then need to be confirmed at the next general meeting.
In 2021 Berry Street Foundation continued to fund the project entitled “Mind the Dad” being carried out by the Anna Freud National Centre for Children and Families in conjunction with South West London NHS Trust perinatal services. The project: 1) increases awareness of fathers’ mental health and parenting difficulties amongst perinatal professionals through a range of training; 2) supports fathers in engaging with and accessing a range of evidence-based therapeutic interventions that will improve their mental health and parenting-- which include reflective parenting groups, video-feedback intervention to promote positive parenting, and parent-infant psychotherapy; 3) fosters more informal, community-based support networks alongside the therapeutic offer, that will increase fathers’ social connectedness; and 4) embeds fathers’ co-production in the work in order to reduce stigma around fathers’ mental health difficulties, encourage fathers to seek support, make services and content more relevant and accessible to fathers, and promote skills development and empowerment for participating fathers. The commitment was renewed for a further six months at a cost of £15,754.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **a. Reserves policy**
The charity is currently reliant upon its income from the expendable endowment fund, and plans to retain sufficient free reserves to cover six months' expenditure. In the year, additional investments with a value of £206,302 were donated to the charity adding to the reserve base of the charity.
Page 2
**BERRY STREET FOUNDATION (UK) LIMITED TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021**
## **a. Going concern**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
## **b. Transactions and financial position**
The Statement of Financial Activities on page 5 shows the net increase in funds of £394,454 (2020: £408,167 increase) and at the balance sheet date the charity had surplus reserves of £1,287,995 (2020: £893,541) following the donation of investments from one of the trustees.
## **c. Investment policy**
Management of the Foundation's investments is provided by Barclays Bank PLC which manages the investments in line with the investment policy set by the trustees and report back to the Board on the performance of the portfolio on a quarterly basis. The trustees have amended their investment policy so that they have divested investment away from the Barclays Charity Fund to holding a mix of investments in a mixed portfolio. The trustees continue to maintain an ethical investment policy.
## **a. Financial risk management**
The Trustees have assessed the major risks to which the company is exposed, in particular those related to the operations and finances of the company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Page 3
BERRY STREEf FOUNDATION {UK) LIPAITED
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
statom•nt of Trusta•s' rosponslbiliti•s
The Trustees (who are also the direclots of the tsjmpany for the purposes of company law) are re¥Sible for
pParing the Trustees, report and financial st*ements in ac(x)rdan(* with applic£b law artd United
lQngdom Accounting Stsndards (United Kingdom Generally Accepted Aw)unting Pracb"ce).
Company law requires the Trustees to propare financial ststgments for each financial . Under company law. the
Trustees must not approve the finaneial stalements unless they are satisfied that they give a true and fair view of
Ihe slate of affairs of the company and of rts incoming resources and application of resources, induding tts
nwme and expenditure. for that per. In preparing these finanaal statements. the Trustees are required to:
S818Ct suitable accounting pdioes and then apply them consistenuy.
observe the methods a1 prinaples of Ihe Charibes SORP {FRS 1021:
rnake judgments and 8¢counting estimates that are reaable and pnJden¢
stste whether applicable UK Accwntiry Stsndards IFRS 102} have been followed, subject to any material
departures disclosed and explained in the financral statements.
prepare the financial ststements on the )Ing oJn¢ basis unless it Is inappropriate to presume that the
companywill ntinue in business.
Tha Tru$t8es ar• responblO for k•8piTh3 adequate accounlin9 rOrdS that are sufftiènt to show aThJ 8xpl8in
the ¢ompanVs transactions and disdose with reasonatle accuracy at any time the financial position of tha
company and enable them to ensure th81 the financial slalements comFly with the Companies Act 2006. They
are also responsible for safeguarding the assets of the cg)mpany and hen for takirvJ reasonable steps for the
preventyon and de18Cti of fraLHI and other irregularrties.
Small company •xemptlo
In preparing this report. the tru51ees have taken advantage of the small company èxèmption provided ty Section
415A of the Companies Act 21)06.
Approved by ler of the memteTr of ts board of Trustees aThJ sNJn&J on Ihair behalf ty.
DRWol
Tnjstee
Date..
./,,/.
Page 4
**BERRY STREET FOUNDATION (UK) LIMITED**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Independent examiner's report to the Trustees of Berry Street Foundation (UK) Limited ('the company')**
I report to the charity Trustees on my examination of the accounts of the company for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Signed: Dated: 23 September 2022
Mark Hart FCA CTA
Blick Rothenberg Ltd 16 Great Queen Street Covent Garden London WC2B 5AH
Page 5
**BERRY STREET FOUNDATION (UK) LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Note**
**Income and endowments from:**
Donations and legacies
2
Investments
3
**Total income and endowments**
**Expenditure on:**
Raising funds
4
Charitable activities
5
**Total expenditure**
**Net income/(expenditure) before net**
**gains on investments**
Net gains on investments
**Total transfers**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Endowment**
**funds**
**2021**
**£**
**206,302**
**-**
**206,302**
**-**
**-**
**-**
**206,302**
**200,591**
**(17,500)**
**389,393**
**886,762**
**389,393**
**1,276,155**|**Unrestricted**
**funds**
**2021**
**£**
**-**
**11,291**
**11,291**
**6,001**
**17,729**
**23,730**
**(12,439)**
**-**
**17,500**
**5,061**
**6,779**
**5,061**
**11,840**|**Total**
**funds**
**2021**
**£**
**206,302**
**11,291**
**217,593**
**6,001**
**17,729**
**23,730**
**193,863**
**200,591**
**-**
**394,454**
**893,541**
**394,454**
**1,287,995**|Total
funds
2020
£
314,349
12,996|
|---|---|---|---|---|
|||||327,345|
|||||2,648
3,570|
|||||6,218|
|||||321,127
87,040|
|||||-|
|||||408,167|
|||||485,374
408,167|
|||||893,541|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 18 form part of these financial statements.
Page 6
REGISTERED NUMBER: 07466391
## **BERRY STREET FOUNDATION (UK) LIMITED**
## **BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Note**
**Fixed assets**
Investments
8
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
9
**Net current liabilities**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**|**16,281**
**(19,219)**|**2021**
**£**
**1,290,933**
**(2,938)**
**1,287,995**
**1,287,995**
**1,287,995**|19,006
(33,158)|2020
£
907,693
(14,152)
893,541
893,541
893,541|
|---|---|---|---|---|
Page 7
BERRY STREET FOUNDATION (UK) UMITED
BALANCE SHEEf (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
2020
N¢*>
Charlty funds
Endowment funds
11
1276,155
886.762
General funds
Share capitsl
Total funds
11
11
6,778
1.287.995
893.541
The ¢hafitable compan$ financial ststements have been weparnd in ac¢cYdance with the provisions applicable
tr) companies subject to the small compan*s regime.
The Trustees consider that the tharity is enlilled to exemption from Ihe requirements lo have an audit under the
provisions of section 477 of the Companies Act 2006 fthe A(r) and members have not required the charity to
obtain an audit for the year in quesb'on in 8cts)rdance wth section 476 of the Act
The Trustees ackTr0ge their reSFsibMltseS for comF4yirwJ with the requirements of the Act wth respect lo
accounting records and preparation of financial st*ements.
The financial statements were approved and authori for issue by the trust995 and gned on their bghalf by..
Wolfe
Twstee
24
Tha notes on paggs 9 to 18 ft)rm part of these financial Ststents.
Page 8
**BERRY STREET FOUNDATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. Accounting policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Berry Street Foundation (UK) Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are presented in Sterling (£).
## **1.2 Going concern**
After making enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
## **1.3 Company status**
The company is a company limited by shares. The member of the charitable company is Berry Street Foundation Charitable Trust.
## **1.4 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.
Expendable endowment funds are capital funds which may only be converted into expendable income at the discretion of the donor.
Designated funds are funds set aside by the trustees out of unrestricted funds for specific future purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **1.5 Incoming resources**
All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Where the donated item is an investment, it is shown at fair value on the date of the gift.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid by the bank.
Page 9
**BERRY STREET FOUNDATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. Accounting policies (continued)**
## **1.6 Resources expended**
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Grants payable are charged in the statement of financial activities when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
## **1.7 Liabilities**
Liabilities and grant commitments are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
## **1.8 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.9 Investments**
Investments are stated at market value at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluations and disposals throughout the year.
## **1.10 Financial instruments**
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.11 Taxation**
The company is a registered charity (1139326) and is not subject to corporation ta xon its income and gains to the extent they are used for charitable purposes.
## **2. Income from donations and legacies**
||**Endowment**|**Total**|
|---|---|---|
||**funds**|**funds**|
||**2021**|**2021**|
||**£**|**£**|
|Donated investments|206,302|**206,302**|
Page 10
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **2. Income from donations and legacies (continued)**
||Endowment|Total|
|---|---|---|
||funds|funds|
||2020|2020|
||£|£|
|Donations|314,349|314,349|
## **3. Investment income**
|**Unrestricted**
**funds**
**2021**
**£**
Income from listed investments
10,195
Investment income
1,096
11,291
Unrestricted
funds
2020
£
Income from listed investments
12,980
Investment income
16
12,996|**Total**
**funds**
**2021**
**£**
**10,195**
**1,096**|
|---|---|
||**11,291**|
||Total
funds
2020
£
12,980
16|
||12,996|
## **4. Investment management costs**
||**Unrestricted**|**Total**|
|---|---|---|
||**funds**|**funds**|
||**2021**|**2021**|
||**£**|**£**|
|Investment management fees|6,001|**6,001**|
Page 11
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **4. Investment management costs (continued)**
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2020|2020|
||£|£|
|Investment management fees|2,648|2,648|
## **5. Analysis of expenditure on charitable activities Summary by fund type**
|**Unrestricted**
**funds**
**2021**
**£**
Independent examination
1,965
Grants- The Anna Freud Centre
15,764
17,729
Unrestricted
funds
2020
£
Accountancy
3,570|**Total**
**funds**
**2021**
**£**
**1,965**
**15,764**|
|---|---|
||**17,729**|
||Total
funds
2020
£
3,570|
|**6.**|**Independent examiner's remuneration**||
|---|---|---|
||**2021**|2020|
||**£**|£|
||Fees payable to the company's independent examiner for the independent||
||examination of the company's annual accounts
**1,965**|3,570|
Page 12
**BERRY STREET FOUNDATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **7. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits (2020 - £NIL). During the year ended 31 December 2021, no Trustee expenses have been incurred (2020 - £NIL).
|**8.**|**Fixed asset investments**
**Cost or valuation**
At 1 January 2021
Additions
Disposals
Revaluations
Cash movements
At 31 December 2021
**Net book value**
At 31 December 2021
At 31 December 2020
Investments at market value comprise:|**2021**|**Other fixed**
**asset**
**investments**
**£**
**907,693**
**557,402**
**(386,348)**
**241,131**
**(28,945)**
**1,290,933**
**1,290,933**
907,693
2020|
|---|---|---|---|
|||**£**|£|
||Fixed asset investments|**1,290,933**|907,693|
||All the fixed assets investments are held in the UK.|||
|**9.**
**Creditors: amounts falling due within one year**
Accruals
Accrued grants|**2021**
**£**
**3,465**
**15,754**
**19,219**|2020
£
1,650
31,508
33,158|
|---|---|---|
Page 13
**BERRY STREET FOUNDATION (UK) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **10. Share capital**
||**2021**|2020|
|---|---|---|
||**£**|£|
|**Shares classified as equity**|||
|**Allotted, called up and fully paid**|||
|1(2020-1) Ordinary shares of £1.00 each|**1**|1|
||||
Page 14
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. Statement of funds**
**Statement of funds - current year**
|||||||||||**Balance at**|
|---|---|---|---|---|---|---|---|---|---|---|
||**Balance at**||**1**|||||||**31**|
|||**January**|||||**Transfers**||**Gains/**|**December**|
|||**2021**||**Income**|**Expenditure**||**in/out**||**(Losses)**|**2021**|
||||**£**|**£**||**£**||**£**|**£**|**£**|
|**Unrestricted**|||||||||||
|**funds**|||||||||||
|General Funds -|||||||||||
|all funds||**6,778**||**11,291**|**(23,730)**||**17,500**||**-**|**11,839**|
|Share capital|||**1**|**-**|**-**||**-**||**-**|**1**|
|||**6,779**||**11,291**|**(23,730)**||**17,500**||**-**|**11,840**|
|**Endowment**|||||||||||
||**funds**||||||||||
|Endowment|||||||||||
||Funds - all||||||||||
||funds|**886,762**||**206,302**|**-**||**(17,500)**||**200,591**|**1,276,155**|
|**Total of funds**||**893,541**||**217,593**|**(23,730)**||**-**||**200,591**|**1,287,995**|
|**Statement of funds - prior year**|||||||||||
|||||||||||Balance at|
|||||Balance at||||||31|
|||||1 January|||||Gains/|December|
|||||2020|Income||Expenditure||(Losses)|2020|
|||||£||£||£|£|£|
|**Unrestricted funds**|||||||||||
|General Funds - all funds||||-|12,996||(6,218)||-|6,778|
|Share capital||||1|-||-||-|1|
|||||1|12,996||(6,218)||-|6,779|
|**Endowment funds**|||||||||||
|Endowment Funds - all funds||||485,373|314,349||-||87,040|886,762|
|**Total of funds**||||485,374|327,345||(6,218)||87,040|893,541|
Page 15
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. Statement of funds (continued)**
Page 16
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **12. Summary of funds**
## **Summary of funds - current year**
|General funds
Endowment
funds|**Balance at 1**
**January**
**2021**
**£**
**6,779**
**886,762**
**893,541**|**Income**
**£**
**11,291**
**206,302**
**217,593**
Balance at
1 January
2020
£
1
485,373
485,374|**Expenditure**
**£**
**(23,730)**
**-**
**(23,730)**
Income
£
12,996
314,349
327,345|**Transfers**
**in/out**
**£**
**17,500**
**(17,500)**
**-**
Expenditure
£
(6,218)
-
(6,218)|**Gains/**
**(Losses)**
**£**
**-**
**200,591**
**200,591**
Gains/
(Losses)
£
-
87,040
87,040|**Balance at**
**31**
**December**
**2021**
**£**
**11,840**
**1,276,155**|
|---|---|---|---|---|---|---|
|||||||**1,287,995**|
|||||||Balance at
31
December
2020
£
6,779
886,762|
|**Summary of funds - prior year**|||||||
|General funds
Endowment funds|||||||
|||||||893,541|
## **13. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Fixed asset investments
Current assets
Creditors due within one year
**Total**|**Endowment**
**funds**
**2021**
**Unrestricted**
**funds**
**2021**
**£**
**£**
1,276,155
14,778
-
16,281
-
(19,219)
1,276,155
11,840|**Total**
**funds**
**2021**
**£**
**1,290,933**
**16,281**
**(19,219)**|
|---|---|---|
|||**1,287,995**|
Page 17
**BERRY STREET FOUNDATION (UK) LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **13. Analysis of net assets between funds (continued)**
## **Analysis of net assets between funds - prior year**
|Fixed asset investments
Current assets
Creditors due within one year
**Total**|Endowment
funds
2020
£
886,762
-
-
886,762|Unrestricted
funds
2020
£
20,931
19,006
(33,158)
6,779|Total
funds
2020
£
907,693
19,006
(33,158)
893,541|
|---|---|---|---|
## **14. Controlling party**
The charitable company is a wholly owned subsidiary of the Berry Street Foundation Charitable Trust.
## **15. Related party transactions**
During the year the charity received investments with a value of £206,302 from a Trustee.
Page 18