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|||||||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|and advisers|
|---|---|---|---|---|---|---|---|---|---|---|
|||||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|||||||
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||||||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.|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note||K||E|
|Fixed assets||||||||
|Tangible assets|||||16,006||10,556|
|Investments|||||100001||100001|
||||||116,007||110,557|
|Current assets||||||||
|Debtors||||500,654||34't,737||
|Cash at bank||||634136||624 686||
|||||1,134,789||966,423||
|Creditors: amounts
year||falling due within one|10|~406 906||454 478||
|Net current|assets||||737 884||511945|
|Net assets|||||||tL22 "i067„|
|Charity
Funds||||||||
|Unrestricted|funds||||843 891||622 502|
|Total funds|||||||622.K2.|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Mote|||
|Cash flows from operating||activities|||||
|Net cash|provided
by/(used|in) operating|activities|13|194987|37477|
|Cash flows from investing||activities:|||||
|Purchase|of tangible fixed assets||||13924|6911|
|Net cash|used
in investing|activities|||13924|691$|
|Change|in cash and cash|equivalents|in the year||181,063|(44,388)|
|Cash and|cash equivalents|brought
forward|||678411|722 799|
|Cash and cash equivalents||carried forward||14|859474||
|The notes on pages 23to||33form part|ofthese financial|statements,|||
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|Income from d|onations
and legacies||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2021|2021|2020|
|||R|E||
|Grants||1,310,606|1,310,608|f,077,829|
|Similar incoming|resources|71|71|79|
|Total donations|and legacies|~$1~8.~31987&~IM~W90tl|||
|Total 2020|||~~2zTM~Z||
##
|Income from c|haritable
activities||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2021|2021|2020|
|Project delivery|income|375,954|375,954|598,548|
|Accreditation||59,293|59,293|26,482|
|Webinars||18,366|18,366|$7,759|
|Total 2020||~4~~81|||
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|Trading activities|||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2021|2021|2020|
|||E|||
|Net income from trading|subsidiary|483731|483731|306258|
|Trading expenses|||||
|Trading expenses from|trading subsidiay|399936|309936|269092|
##
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||||||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|||||||
##
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|||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.|
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|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|||||||
##
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|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)|
##
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|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|||||||||
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