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|||Page|
|---|---|---|
|Reference and administrative|details ofthe charity, its Trustees and advisers||
|Trustees'
report||2-8|
|Independent
examiner's
report|||
|Statement offinancial
activities||10|
|Balance sheet|||
|Statement ofcash flows||12|
|Notes to the financial statements||13-27|
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|Trustees||Bayju Ashvin Thakar|||
|---|---|---|---|---|
|||David Lynn (resigned|31 January|2021)|
|||James Chau|||
|||Mallah Tabot|||
|||Sir Nick Partridge|||
|||Benedict Plumley|||
|||Sara Cerrell|||
|||Raffaele Annecchino|(appointed|3 February 2021)|
|Company|registered||||
|number||07364172|||
|Charity registered|||||
|number||1140295|||
|Registered|office|17-29Hawley Crescent|||
|||Camden|||
|||London|||
|||NW1 8TT|||
|Chief executive officer||Georgia Arnold|||
|Accountants||Kreston Reeves LLP|||
|||Chartered
Accountants|||
|||2nd Floor|||
|||168Shoreditch
High Street|||
|||London|||
|||E1 6RA|||
|Bankers||JP Morgan Chase Bank NA|||
|||125London Wall|||
|||London|||
|||EC2Y 5AJ|||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2020|2020f|2020
F|2019|
|Income from:|||||||
|Donations
and legacies|||173,954|133,904|307,858|470,685|
|Charitable
activities|||59,925||59,925|69,272|
|Total income|||233,879|133,904|367,783|539,957|
|Expenditure
on:|||||||
|Raising funds|||1,170||1,170|10,050|
|Charitable
activities|||290,224|193,003|483,227|402,949|
|Total expenditure|||291,394|193,003|484,397|412,999|
|Net (expenditure)/income|||(57,515)|(59,099)|(116,614)|126,958|
|Transfers
between|funds|14|500|(500)|||
|Net movement
in|funds||(57,015)|(59,599)|(116,614)|126,958|
|Reconciliation
of|funds:||||||
|Total funds
brought|forward||136,523|190,663|327,186|200,228|
|Net movement
in funds|||(57,015)|(59,599)|(116,614)|126,958|
||||79,508|131,064|210,572|327,186|
|Total funds carried forward|||||||
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||||2020|2019|
|---|---|---|---|---|
|||Note|||
|Current assets|||||
|Debtors||12|95,246|79,124|
|Cash at bank and|in hand||159,283|402,237|
||||254,529|481,361|
|Creditors: amounts|falling due within one||||
|year||13|(43,957)|(154,175)|
|Total net assets|||210,572|327,186|
|Charity funds|||||
|Restricted
funds||14|131,064|190,663|
|Unrestricted
funds||14|79,508|136,523|
|Total funds|||210,572|327,186|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash|used
in operating|activities|||(242,954)|295,574|
|Change|in cash and cash|equivalents|in|the year|(242,954)|295,574|
|Cash and|cash equivalents|at the beginning||ofthe year|402,237|106,663|
|Cash and cash equivalents||at the end|of|the year|159,283|402,237|
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2020|2020|2020|2019f|
|Donations|163,104||163,104|269,625|
|Grants|10,850|133,904|144,754|201,060|
||173,954|133,904|307,858|470,685|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2020f|2020|2019
F|
|Services invoiced|59,925|59,925|69,272|
|Total 2019|69,272|69,272||
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020f|2020
f.|2019|
|Costs|of raising voluntary|income|1,170|1,170|10,050|
|Total|2019||10,050|10,050||
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||||||Grants to|Grants to|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Institutions||funds|funds|
|||||||2020|2020|2019|
|||||||||E|
|Grants,
Grant programme|||||22,698||22,698|74,292|
|Total|2019||||74,292||74,292||
|The charity has made the||following|material|grants to institutions|during|the year:|||
||||||||2020f|2019|
|Name|of institution||||||||
|Change Youth Network||||||||4,748|
|North|Kivu Youth Coalition|||||||4,750|
|Our Choice||||||||4,688|
|REVERS||||||||9,388|
|We for Change||||||||4,753|
|Fully|Focused Community|Trust||||||4,301|
|||||||||32,628|
|Other|grants to institutions||||||22,698|41,664|
|Total|||||||22,698|74,292|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020f|2020|2020|2019|
|Grant|programme||162,854|193,003|355,857|309,610|
|Other|charitable|activities|127,370||127,370|93,339|
||||290,224|193,003|483,227|402,949|
|Total|2019||266,433|136,516|402,949||
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Staff costs|Other costs|funds|funds|
||||2020|2020|2020|2019|
|||||||E|
|Grant|programme||62,504|293,353|355,857|309,610|
|Other|charitable|activities|116,079|11,291|127,370|93,339|
||||178,583|304,644|483,227|402,949|
|Total|2019||149,032|253,917|402,949||
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||||Activities|Grant||||
|---|---|---|---|---|---|---|---|
||||undertaken|funding
of|Support|Total|Total|
||||directly|activities|costs|funds|funds|
||||2020|2020f|2020|2020|2019
F|
|Grant|programme||236,006|22,698|97,153|355,857|309,610|
|Other|charitable|activities|||127,370|127,370|93,339|
||||236,006|22,698|224,523|483,227|402,949|
|Total|2019||121,313|74,292|207,344|402,949||
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||Grant|Total|Total|
|---|---|---|---|
||programme|funds|funds|
||2020|2020|2019f|
|BCG event|||21,797|
|Training|||2,500|
|Production
costs|92,428|92,428|78,148|
|Alone Together|6,600|6,600||
|MTV SHUGA expenses|300|300|10,490|
|Swedish Postcode Foundation|88,093|88,093||
|Waterloo
Foundation|43,018|43,018||
|Kiehl's event costs|5,567|5,567|8,378|
||236,006|236,006|121,313|
|Total2019|121,313|121,313||
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||||||Other|||
|---|---|---|---|---|---|---|---|
|||||Grant|charitable|Total|Total|
|||||programme|activities|funds|funds|
|||||2020|2020|2020|2019|
|Staff costs||||62,504|116,079|178,583|149,032|
|Independent|examiner's||fees||4,200|4,200||
|Website development||||6,383||6,383||
|Accountancy|fees||||901|901|8,460|
|Office costs||||139|259|398|7,426|
|Computer costs|||||||49|
|Bank charges||||399|740|1,139|2,809|
|Board Meeting||costs|||||11,746|
|Marketing||||2,569|4,771|7,340|42|
|Travel|||||||430|
|Subscription||||346||346||
|Miscellaneous||expenses|||||416|
|Rent and rates||||24,587||24,587|19,228|
|Other staff costs||||226|420|646|86|
|Auditor's
remuneration|||||||7,620|
|||||97,153|127,370|224,523|207,344|
|Total 2019||||114,005|93,339|207,344||
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|Independent|exami|ner's
r|e|muneration|||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|Fees payable|to the|charity's||independent|examiner|for the independent|||
|examination|ofthe|charity's||annual accounts|||4,200||
|Fees payable|to the|charity's||independent|examiner|in respect of:|||
|Auditof the charity's||annual|accounts|||||7,620|
|Bookkeeping||||||||8,460|
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|Staff costs||||||
|---|---|---|---|---|---|
|||||2020f|2019|
|Wages and|salaries|||170,300|142,034|
|Social security costs||||5,229|4,787|
|Contribution|to defined|contribution|pension schemes|3,054|2,211|
|||||178,583|149,032|
|2020|2019|
|---|---|
|No.|No.|
|2020|2019|
|---|---|
|No.|No.|
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||||2020|2019|
|---|---|---|---|---|
|Due within one year|||||
|Trade debtors|||44,222|53,571|
|Amount
owed|by connected|charity|45,629|3,965|
|Prepayments|and accrued|income|5,395|21,588|
||||95,246|79,124|
|13.|Creditors: Amounts|falling|due within one year|||
|---|---|---|---|---|---|
|||||2020|2019|
||Trade creditors|||(832)|25,838|
||Amounts
owed to connected||charity|24,326|23,826|
||Other creditors|||4,159||
||Accruals and deferred|income||16,304|79,905|
||Grants accrued - institutional||||24,606|
|||||43,957|154,175|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2020|Income|Expenditure|in/out|2020|
|Unrestricted
funds|||||||
|General funds||136,523|233,879|(291,394)|500|79,508|
|Restricted funds|||||||
|ViiV Healthcare||39,269||(39,195)||74|
|Rhododendron
Trust||500||||500|
|Waterloo
Foundation||60,000||(43,018)||16,982|
|Swedish Postcode|Foundation|75,264|63,063|(88,093)||50,234|
|Bryan Guinness
Charitable|||||||
|Trust||2,000||||2,000|
|Henhurst
CT||500|||(500)||
|Comic Relief||13,130|64,841|(22,697)||55,274|
|Monica Rabagliati|Charitable||||||
|Trust|||1,500|||1,500|
|Allan L Nesta Ferguson|||||||
|Charitable
Trust|||3,500|||3,500|
|Austin
Bailey Trust|||1,000|||1,000|
|||190,663|133,904|(193,003)|(500)|131,064|
|Total offunds||327,186|367,783|(484,397)||210,572|
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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||||Balance at|||31|
||||||1 January|||December|
||||||2019|Income|Expenditure|2019|
||||||E'||F||
|Unrestricted||funds|||||||
|General|funds||||137,254|343,410|(344,141)|136,523|
|Restricted funds|||||||||
|ViiV Healthcare|||||62,974||(23,705)|39,269|
|Rhododendron|||Trust|||500||500|
|Waterloo|Foundation|||||60,000||60,000|
|Swedish|Postcode Foundation|||||75,264||75,264|
|Bryan Guinness|||Charitable|Trust||2,000||2,000|
|Henhurst|CT|||||500||500|
|Comic Relief||||||58,283|(45,153)|13,130|
||||||62,974|196,547|(68,858)|190,663|
|Total of|funds||||200,228|196,547|(412,999)|327,186|
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|Summary
offunds - cu|rrent year|||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1||||31|
||January|||Transfers|December|
||2020|Income|Expenditure|in/out|2020|
|General funds|136,523|233,879|(291,394)|500|79,508|
|Restricted funds|190,663|133,904|(193,003)|(500)|131,064|
||327,186|367,783|(484,397)||210,572|
|Summary
offunds - prior year|||||
|---|---|---|---|---|
|||||Balance at|
||Balance at|||31|
||1 January|||December|
||2019|income|Expenditure|2019|
|||F|||
|General funds|137,254|343,410|(344,141)|136,523|
|Restricted funds|62,974|196,547|{68,858)|190,663|
||200,228|539,957|(412,999)|327,186|
|Analysis|ofn|et ass|ets|between funds - cur|rent period|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2020|2020|2020|
|Current|assets||||123,465|131,064|254,529|
|Creditors|due|within|one|year|(43,957)||(43,957)|
|Total|||||79,508|131,064|210,572|
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|16.|Analysis of net assets between|Analysis of net assets between|Analysis of net assets between|Analysis of net assets between|Analysis of net assets between|funds (contin|funds (contin|ued)|ued)||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Analysis ofnet assets between|||||funds - prior||period|||||
|||||||||||Unrestricted|Restricted|Total|
|||||||||||funds|funds|funds|
|||||||||||2019|2019|2019|
|||||||||||E|F||
||Current assets|||||||||290,698|190,663|481,361|
||Creditors due|within one year||||||||(154,175)||(154,175)|
||Total|||||||||136,523|190,663|327,186|
|17.|Reconciliation|of|net|movement||in funds to||net|cash flow|from operating|activities||
||||||||||||2020f|2019|
||Net
income/expenditure|||for|the|period|(as|per|Statement|of Financial|||
||Activities)||||||||||(116,614)|126,958|
||Adjustments|for:|||||||||||
||Decrease/(increase)||in|debtors|||||||(16,122)|90,888|
||increase/(decrease)||in|creditors|||||||(110,218)|62,728|
||Net cash provided||by/(used||in)|operating|activities||||(242,954)|280,574|
|18.|Analysis ofcash and|||cash equivalents|||||||||
||||||||||||2020f|2019
F|
||Cash in hand||||||||||159,283|402,237|
||Total cash and cash equivalents||||||||||159,283|402,237|
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