2021-12-31-accounts - International Road Assessment Programme

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

						Page
Reference and administrative			details	ofthe charity, its trustees	and advisers
Trustees' report						2-14
independent	auditors'	report				15-18
Consolidated	statement	offinancial		activities		19
Consolidated	balance sheet					20
Charity balance sheet						21
Consolidated	statement	ofcash flows				22
Notes tothe	financial statements					23-33

			Reference	and administrative	details	details	details	ofthe charity, its trustees	ofthe charity, its trustees
				Forthe year		ended 31 December 2021
Trustees				Gary Liddle, (Resigned			as Chairman		2S February 2022)
				h/liqueI Nadal (Appointed				as Chairman 28 February 2022)
				Saul Billingsley
				F Emanuel Smith
				Dr Susan M Sharland
				Shane I O'Connor
				Raquel Barrios Quintanilia				(appointed	9September 2021)
				lan Andrew Gillespie		(appointed 2 June 202'I)
Company		registered
number				05476000
Charity	registered
number				1140357
Registered			office	60Trafalgar Square
				London
				WC2N 5DS
Principal offic		operating		Bracknell Enterprise Ocean House		and		Innovation	Hub
				The Ring
				Bracknell
				Berkshire
				RG12 IAX
Company		secretary		Shone Hoiroyd
Chief executive officer				Robert Mclnerney
Independent			auditors	Haines Watts
				Chartered Accountants			and Statutory		Auditor
				178Buckingham	Avenue
				Slough
				Berkshire
				SL14RD
Bankers				Barclays Bank pic
				Basingstoke &Reading			Business Centre
				S Market Place
				Basing stoke
				Hampshire
				RG21 7QA
Solicitors				Farrer &Co,
				66 Lincoln inn Fields
				London
				WC2A 3LH

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
				Note		F
Income from:
Donations and legacies Charitable activities				2 3	1,310,679 463,613	1,3101679 453,613	f,077,908 642,T89
Net income from trading Other income		activities		4	483,731 26 011	483,731 26 01'1	306,258 3 063
Total income					2 274 034	2274 034	2 030018
Expenditure on:
Trading activities				4	309,936	309,936	289,092
Charitable activities					1 742709	1742 709	1 794578
Total expenditure
					2 052 645	2 052 645	2 083 887
Net income before	other recognised		gains end losses		221,389	221,389	(53,649)
Net movement in funds					221,389	221,389	(53,649)
Reconciliation offunds:
Total funds brought	forward				822 502	922 502	876 154
Total funds carried forward					~L4~	~~rl1	~j2j.' 605.

					2021	2020
					K
Depreciation oftangible fixed assets:
- owned by the charitable group					7,745	70,986
Movement on foreign exchange
During the year, no Trustees received	any remuneration			(2020 - ANIL)
During the year, no Trusses were reimbursed			travel expenses (2020 —Enii).
During the year, there was 671 donations		received from		Trustees (2020 - anil),
Auditors' remuneration
					2021	2020
Fees payable to the charity's auditor and		its associates		for the
audit ofthe charity's annual accounts					11,000	10,600
Fees payable to the charity's auditor and		its associates		in respect
of:
Taxation compliance services

		2021	2020
		E
Wages and saiaries		1,034,531	1,034,474
Social security costs		59,706	56,305
Other pension costs		104,185	107,675
		1 198422	$98394
The average number of persons employed	by the charity during	the year was as follows:
		2021	2020
		No.	Na.
Trustees		7	5
Employees		21	20
The number of higher paid employees was:
		2021	2020
		No.	No.

Tangible fixed assets
	ONce	Computer
	equipment	equipment	Total
Group	K	E
Cost
At 1 January 2021 Additions Disposals	28,787 13,924 ~1873	125,912 -	154,699 13,924 ~1873
At 31 December 2021	40 838	126912	166760
Depreciation
At 1 January 2021	18,231	125,912	144,143
Charge forthe year On disposals	7,745 ~1144		7,745 ~1144
At 31 December 2021	24 832	125912	150744
Net book value
At 31 December 2021
At 31December 2020
			ONce
			equipment
Charity			K
Cost
At 1 January 202'l Additions Disposals			28,787 13,924 ~1873
At 31 December 2021			40 838
Depreciation
At 1 January 2021			18,231
Charge for the year On disposals			7,745 ~1144
At 31 December 2021			24 832
Net book value
At 31 December 2021
At 37December 2020

Debtors
			Grou		Charit
		2021	2020	2021	2020
		K		E
Trade debtors		86,910	218,965	20,909	46,218
Amounts owed by group undertakings				2'l5,427	44,524
Other debtors		139,925	163,852	138,631	162,941
Prepayments	and accrued income	195,296	147,040	125,687	88,054

Creditors	: Amount	s falling d	ue within on	e year
					Grou		Charit
				2021f	2020	2021	2020
Trade creditors				5,203	69,056	5,132	69,049
Other taxation and		sociai security		21,199	33,255	21,199	33,255
Other creditors				7,206	12,740	7,203	12,740
Accruals	and deferred income			420,112	481,268	373,371	339,434
					Grou		Chari
				2021	2020	2021	2020
Deferred	income
Deferred	income at 1 January		2021	280,996	225,643	155,186	212,020
Resources deferred		during the	year	146,187	280,998	124,675	155,186
Amounts	released	from previous years		280 998	225 643	155186	212020
Deferred	income at 31 December 2021

12. Analysis ofnet assets between funds Analysis of net assets between funds -current year
	Unrestricted	Total
	funds	funds
	2021	2021
Tangible fixed assets	16,005	16,006
Current assets	1,281,605	1,281,605
Creditors due within one year	(453,720)	(453,720)

Analysis of net assets between funds -prior year
	Unrestricted	Total
	funds	funds
	2020	2020
Tangible fixed assets	10,556	70,556
Current assets	1,208,268	1,208,268
Creditors due within one year	(596,319)	(596,319)
	~i2'~~iZ.	62~iX.

									Grou
								2021	2020
								K
	Net income for the			year (as per Statement		of Financial	Activities)
								221,389	(53,649)
	Adjustment		for:
	Depreciation		charges					7,745	70,986
	Loss on the sale offixed assets							729	640
	Decrease/(increase)			in debtors				107,724	(16,149)
	Decrease	in	creditors					(142,600)	(39,305)
	Net cash	provided		byj(used	in) operating	activities
14.	Analysis	of	cash and cash equivalents
									Grou
								2021	2020
								E
	Cash in hand							869474	6784f1
	Total