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2022-10-31-accounts

REGISTRATION
Company Number 07276981
Charity Number 1139333)England gr Wales)
DIRECTORS AND TRUSTEES
Chair Christine
Burrowes
John Phelps
PRINCIPAL OFFICE
Registered Office Sandpiper House
)and principal place of 37Queen Elizabeth Street
business) London
SE12BT
PROFESSIONAL ADVISORS
Auditors Crowe UK LLP
Riverside House
40-46 High Street
Maidstone
Kent ME141IH
Solicitors MB Law
Studio 3
The Quays
Concordia Street
Leeds l51 4ES
Primary Bankers Barclays Bank PLC
167High Street
Bromley
BR 1 1NL
Investment ManageJs Barclays Bank PLC
Bromley &Bexley Mid Corporate Team
Leicester LE87288

Note 2022 2021
6 6
Incoming resources
Donations 650,000 4,465
investment
income
Interest received
Total incoming resources 650,000 4,465
Resources expended
Raising funds - events 1 216 406
Charitable
a«tivities —grant making
5 1,282,169 1,158,284
36overnance
and support costs
1,4,6 7,037 6,491
Total resources expended 1,289,422 1,165,181
Net outgoing resouroes, net expenditure for the year,
and net movement
in funds
[639,422) (1,160,716)
Balances brought forward at1November 2021 905,419 2,066,135
Balances carried forward at 31October 2022 265,997 905,419

Note 2022 2021
6 6
Turnover 650,000 4,465
Cost ofsales (216) (406)
Gross surplus/(deficlt) 649,784 4,059
Charitable
activities
(1,282,169) (1,158,284)
Governance
and support costs
(7,037) (6,491)
Operating
deficit
(639,422) (1,160,716)
Other interest receivable and similar income
Deficit before taxation (639,422) (1,160,716)
Tax on deficit
Deficit for the financial year and total comprehensive
income (639,422) (1,160,716)
All the activities ofthe company are from continuing operations.

Totalfunds Total funds
Note 2022 2021
f f
Fixed assets
Tangible fixed assets 1,8
Current assets
Current asset investments 9
Debtors 10 591
Cash at bank and m hand 272,697 908,728
Total current assets 272,697 909,319
Creditors
falling due within one year
(6,700) (3,900)
Net current assets 265,997 905,419
Total assets less current liabilities 265,997 905,419
Creditors
falling due after more than one year
Net assets 265,997 905,419
The funds ofthe charity
Unrestricted
income funds
265,997 9l)5,419
TotsI charity
funds
265,997 905,419

Governance Charitable Total Total
Cost type Allocation basis And support activities 2022 2021
E E E E
Consultancy and
accountancy fees Work performed 2,500 2,500 2,080
Statutory audit fees Work performed 4,500 4,500 4,200
Fees and charges Timing of charge 150
Bank charges and fees Timing of charge 37 37 61
7,037 7,037 6,491

Grant Support
Funded Costs Total 2022 Total 2021
Activity (as Note 4) 6 6
f f
Poverty alleviation Global 13,000 13,000 16,000
UK region 3,270 3,270 3,000
Africa region 12,000 12,000 12,000
Education UK region 1,136,144 1,136,144 1,030,633
Africa region 30,907 30,907 43,171
Health Global 55,000 55,000 33,000
UK region 31,848 31,848 20,480
1,282,169 1,282,169 1,158,284
Analysis of grants Tota I 2022
6
Institutions in receipt of material grants (over E50,000l
Education UK —The New School 850,000
Education UK —Dollywood Foundation LIK 281,014
Other grants to Institutions 151,155
1,282,169

2022 2021
E 6
Consultancy and accountancy fees 2,500 2,080
Statutory audit fees (see Note 7) 4,500 4,200
Statutory non audit fees 150
7,000 6,430

Computer Total
equipment 6
Cost As at 01.11.2021and 31.10.2022 784 784
Depreciation As at 01.11.2021and 31.10.2022 784 784
Net book value As at 01.11.2021and 31.10.2022

2022 2021
1 6
Accruals Accountancy fees 2,500
Accruals Statutory audit fee 4,200 3,900
6,700 3,900

Grant recipient Within
12
After 12 Amount Amount
months months 2022 6 2021 E
Dogywood
Foundation
UK 250,000 250,000 150,000
The New School 600,000 600,000 850,000
850,000 850,000 1,000,000