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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative|||details ofthe charity, its trustees|and advisers||
|Trustees'
report|||||2-12|
|Independent|auditors'|report|||13-16|
|Consolidated|statement|offinancial activities|||17|
|Consolidated|balance sheet||||18|
|Charity
balance sheet|||||19|
|Consolidated|statement|ofcash flows|||20|
|Notes to the|financial statements||||21 -31|
|||Reference|and administrative|details|details|ofthe charity, its trustees|ofthe charity, its trustees|and advisers|
|---|---|---|---|---|---|---|---|---|
||||For the year||ended 31 December 2022||||
|Trustees|||Gary Liddle (resigned||28 February 2022)||||
||||Miquel
Nadal||||||
||||Saul Billingsley||||||
||||Ferdinand
Emanuel||Smith||||
||||Dr Susan
M Sharland||||||
||||Shane
I O' Connor||||||
||||Raquel Barrios Quintanilla||||||
||||lan Andrew
Gillespie||||||
||||Olive Chifefe Kobusingye|||(appointed|15March 2023)||
|Company|registered||||||||
|number|||05476000||||||
|Charity registered|||||||||
|number|||1140357||||||
|Registered||office|60 Trafalgar Square||||||
||||London||||||
||||WC2N 5DS||||||
|Principal|operating||Bracknell Enterprise||and Innovation||Hub||
|office|||Ocean House||||||
||||The Ring||||||
||||Bracknell||||||
||||Berkshire||||||
||||RG12 1AX||||||
|Company|secretary||Shona Holroyd||||||
|Chief executive officer|||Robert Mclnerney||||||
|Independent||auditors|Haines Watts||||||
||||Chartered
Accountants
and Statutory||||Auditor||
||||178Buckingham|Avenue|||||
||||Slough||||||
||||Berkshire||||||
||||SL1 4RD||||||
|Bankers|||Barclays Bank pic||||||
||||Basingstoke
8 Reading Business Centre||||||
||||8 Market Place||||||
||||Basingstoke||||||
||||Hampshire||||||
||||RG21 7QA||||||
|Solicitors|||Farrer 8 Co.||||||
||||66 Lincoln
inn Fields||||||
||||London||||||
||||WC2A 3LH||||||
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|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2022|2022|2021|
||||||Note|5|6||
|Income from:|||||||||
|Grants|||||2|1,266,700|1,266,700|1,310,679|
|Charitable
activities|||||3|502,362|502,362|453,613|
|Net income from trading||activities|||4|410,954|410,954|483,731|
|Other income||||||35754|35754|26011|
|Total income||||||2 215770|2 215 77D|2 274 034|
|Expenditure
on:|||||||||
|Fundraising
trading|||||4|285,414|285,414|309,936|
|Charitable
activities||||||2 D44 053|2 044 553|1 742 700|
|Total expenditure|||||||||
|||||||2 329 967|2329967|2052 645|
|Net income I(expenditure)|||before other recognised|gains|||||
|and losses||||||(114,197)|(114,197)|221,389|
|Net movement
in funds||||||(114,197)|(114,197)|221,389|
|Reconciliation offunds:|||||||||
|Total funds brought|forward|||||843 091|843 891|622 502|
|Total funds carried forward||||||729 094|729 094|~043 89|
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|||||Charity|balance sheet||||
|---|---|---|---|---|---|---|---|---|
|||||As at 31|December 2022||||
|||||||2022||2021|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||||12,501||16,006|
|Investments||||||10D D01||100 001|
|||||||112,502||116,007|
|Current assets|||||||||
|Debtors||||9|452,644||500,654||
|Cash at bank|||||602 016||634 138||
||||||1,054,660||1,134,789||
|Creditors: amounts
year||falling due within|one|10|~437 460||406905||
|Net current|assets|||||617 192||727 884|
|Net assets||||||729 694||843891|
|Charity Funds|||||||||
|Unrestricted|funds|||||729 694||843 801|
|Total funds||||||729 694||843 891|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|6||
|Cash flows from operating
Net cash (used in)/provided||activities
by operating|activities|33|~22 943|194987|
|Cash flows from investing||activities:|||||
|Purchase|oftangible fixed assets||||(8,687)|(13,924)|
|Proceeds
Net cash|from sale offixed
used
in investing|assets
activities|||2453
~9234|~t3 924|
|Change|in cash and cash|equivalents|in the year||(29,151)|181,063|
|Cash and|cash equivalents|brought
forward|||859474|678411|
|Cash and cash equivalents||carried forward|||830323|~69de|
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|Income from g|rants||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2022|2022|2021|
|||6|6||
|Grants||1,266,688|1,266,688|1,310,608|
|Similar incoming|resources|12|12|71|
|Total donations|and legacies|~12667|I 2I267DD|t 310679|
|Total 2021||1310679|1310679||
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|Income from c|haritable
activities||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2022|2022|2021|
|||6|||
|Project delivery|income|453,142|453,142|375,954|
|Accreditation||30,203|30,203|59,293|
|Webinars||19,017|19,017|18,366|
|||~5 2 362|5D2 362|453!It3|
|Total 2021||4536t3|453613||
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|Trading act|ivities||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2022f|2022f|2021|
|Net income|from trading|subsidiary||410954|410954|483 731|
|Fundraising|trading expenses||||||
|Trading expenses from||trading|subsidiary|285 414|285414|309 936|
|||||125540|125540|173795|
##
||2022f|2021|
|---|---|---|
|Depreciation
oftangible
fixed assets:
- owned
by the charitable
group
Movement
on foreign exchange|10,489
~6669|7,745
20 634|
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||||||2022f|2021f|
|---|---|---|---|---|---|---|
|Wages and|salaries||||1,053,613|1,034,531|
|Social security costs|||||59,403|59,706|
|Other pension costs|||||105,198|104,185|
||||||1 218214|1198422|
|The average|number|of persons employed||by the charity dudng|the year was as follows:||
||||||2022|2021|
||||||No.|No.|
|Trustees|||||7|7|
|Employees|||||20|21|
||||||27|28|
|The number|of higher paid employees||was:||||
||||||2022|2021|
||||||No.|No.|
|In the band|f60,001|- F70,000|||||
|In the band|F70,001|- f80,000|||||
|In the band|f80,001|- f90,000|||||
|In the band|f90,001|- F100,000|||||
|In the band|f100,001 - f200,000||||||
|F272,934was paid to key management|||ofthe charity during the||year (2021:F259,769).||
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|Tangible fixed assets||||
|---|---|---|---|
||Office|Computer||
||equipment|equipment|Total|
|Group|6|6|6|
|Cost||||
|At 1 January 2022|40,838|125,912|166,750|
|Additions
Disposals|8,687
~2453||8,687
~2453|
|At 31 December 2022|47 D72|125912|172984|
|Depreciation||||
|At 1 January 2022
Charge for the year
On disposals|24,832
10,489
~750|125,912|150,744
10,489
~750|
|At 31 December 2022|34 571|125 912|10D483|
|Net book value
At 31 December 2022|12501||~707|
|At 31December 2021|||1600|
||||Office|
|Charity|||equipmentf|
|Cost||||
|At 1 January 2022|||40,838|
|Additions
Disposals|||8,687
~2453|
|At 31 December 2022|||47 072|
|Depreciation||||
|At 1 January 2022|||24,832|
|Charge for the year
On disposals|||10,489
~700|
|At 31 December 2022|||34571|
|Net book value||||
|At 31 December 2022|||~12
1|
|At 31December 2021|||16006|
||||Page 27|
##
##
|9.|Debtors||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Group||Charit|
||||||||||2022
E|2021f|2022
E|2021f|
||Trade debtors||||||||83,479|86,910|74,557|20,909|
||Amounts
owed||by|group undertakings|||||||126,531|215,427|
||Other debtors||||||||144,684|139,925|143,742|138,631|
||Prepayments|and||accrued income|||||167,617|195,296|107,814|125,587|
||||||||||395780|422 73t|452 644|~50
6|
|10.|Creditors: Amounts|||||falling due||within|one year||||
|||||||||||Group||Charity|
||||||||||2022
E|2021f|2022
E|2021f|
||Trade creditors||||||||1,744|5,203|1,718|5,132|
||Other taxation||and social security||||||52,962|21,199|45,918|21,199|
||Other creditors||||||||28,879|7,206|28,879|7,203|
||Accruals and|deferred||||income|||425,325|420,112|360,953|373,371|
||||||||||~508|~03722.|437 468|406905|
|||||||||||Grou||Charit|
||||||||||2022|2021|2022|2021|
||||||||||E|E|E|E|
||Deferred income||||||||||||
||Deferred income at||||1|January|2022||146,187|280,998|124,675|155,186|
||Resources deferred
during the
4
t
1
dt
0
1
~ 1
dt
t31 0||||||year
7
0
2022||140,136
~146187
~74 13|146,187
~28D 990
~4787|123,780
~124675
123780|124,675
~155186
124075|
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|Unrestricted|funds||Balance at|Income|Expenditure|Transfer between|Balance at31|
|---|---|---|---|---|---|---|---|
|||1|January 2022|||funds|December 2022|
|||||f||||
|General
fund|||743,891|2,215,770|(2,279,083)||680,578|
|Designated
Total|fund||100,000
843 891|2215770|(50,884)
~232996@||49,116
~9694|
|Statement|offunds|- prior year||||||
|Unrestricted|funds||Balance at|Income|Expenditure|Transfer between|Balance at 31|
|||1|January 2021|||funds|December 2021|
||||||||f|
|General fund|||622,505|2,274,034|(2,052,648)|(100,000)|743,891|
|Designated
Total|fund||~622 5 5|2 274034|~2052 648|100,000|100,000
843891|
##
##
|Analysis|of n|et asse|ts|between funds - current year|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2022f|2022f|
|Tangible|fixed|assets|||12,501|12,501|
|Current|assets||||1,226,103|1,226,103|
|Creditors|due|within|one|year|(508,910)|(508,910)|
||||||729094|729694|
##
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##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021
f|2021
f|
|Tangible fixed assets||||16,006|16,006|
|Current|assets|||1,281,605|1,281,605|
|Creditors due within||one year||(453,720)|(453,720)|
|||||043801|388~|
|13.|Reconciliation|of net movement|in funds to net cash flow from operating|activities||
|||||||||Grou|
|---|---|---|---|---|---|---|---|---|
||||||||2022
E|2021f|
|Net (expenditure)/income|||for|the year (as per Statement||of Financial|||
|Activities)|||||||||
||||||||(114,197)|221,389|
|Adjustment|for:||||||||
|Depreciation|charges||||||10,489|7,745|
|(Profit)/loss|on the sale offixed assets||||||(750)|729|
|Decrease
in debtors
Increase/(decrease)||in creditors|||||25,351
55 190|107,724
~142000|
|Net cash (used in)/provided||||by operating|activities||~22 917|~$3502|
|Analysis ofcash and cash||||equivalents|||||
|||||||||Group|
||||||||2022
E|2021f|
|Cash
in hand|||||||830323|859474|
|Total|||||||830 323|~859|
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