| CONTENTS | ||
|---|---|---|
| Page | ||
| Annual Report ofthe Trustees |
1-6 | |
| Report ofthe Auditors | 7-10 | |
| Statement of Financial Activities | ||
| Balance Sheet | 12 | |
| Statement ofCash Flows | 13 | |
| Notes to the Financial Statements | 14-21 |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|---|
| (INCLUDING | INCOME AND EXPENDITURE ACCOUNT) | |||||
| FOR | THE YEAR ENDED 31MARCH 2021 | |||||
| Page | Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | |||
| 31March | 31March | 31March | 31March | |||
| 2021 | 2021 | 2021 | 2020 | |||
| INCOME FROM: | f | f | f | f | ||
| Donations and legacies (note |
2) | 16 | 386,617 | 25,000 | 411,617 | 333,557 |
| Charitable activities (note 4) |
16 | 843,945 | ||||
| Other income (note 3) | 16 | 10,869 | 10,869 | |||
| Total income | 397,486 | 25,000 | 422,486 | 1,177,502 | ||
| EXPENDITURE ON: | ||||||
| Cost of raising funds (note 5) | 17 | (57,028) | (57,028) | (232,643) | ||
| Charitable activities (note 6) |
17 | (621,268) | (621,268) | (508,783) | ||
| Total expenditure | (678,296) | (678,296) | (741,426) | |||
| Net (expenditure) / income |
(280,810) | 25,000 | (255,910) | 436,076 | ||
| Net rnovernent in funds |
(280,810) | 25,000 | (255,910) | 436,076 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 21 | 850,944 | 8,000 | 858,944 | 422,868 | |
| Total funds carried forward | (note 16) | 21 | 570,134 | 33,000 | 603,134 | 858,944 |
| Page | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 31March | 31IVlarch | 31March | 31IVlarch | 31March | 31March | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| CURRENT ASSETS: | f | f | f | f | f | f | |
| Debtors (note 11) | 19 | 36,761 | 36,761 | 284,404 | 284,404 | ||
| Cash at bank | 19 | 552,244 | 33,000 | 585,244 | 598,295 | 8,000 | 606,295 |
| (note 12) | |||||||
| Total current assets | 589,005 | 33,000 | 622,005 | 882,699 | 8,000 | 890,699 | |
| LIABILITIES: | |||||||
| Creditors: Amounts | 20 | (18,871) | (18,871) | (31,755) | (31,755) | ||
| falling due within | |||||||
| one year (note 13) | |||||||
| Total net assets | 570,134 | 33,000 | 603,134 | 850,944 | 8,000 | 858,944 | |
| The funds ofthe | |||||||
| charity: | |||||||
| Funds (note 16) | 21 | 570,134 | 33,000 | 603,134 | 850,944 | 8,000 | 858,944 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| CASH FLOWS FROM OPERATING | ACTIVITIES: | ||||
| Net movement in funds for the year |
(255,810) | 436,076 | |||
| Interest received | |||||
| OPERATING (DEFICIT) / SURPLUS |
(255,810) | 436,076 | |||
| ADJUSTMENTS FOR: | |||||
| Movements in debtors |
247,643 | (103,210) | |||
| Movements in creditors |
(12,884) | 3,451 | |||
| NET CASH FLOWS FROM OPERATING | ACTIVITIES | (21,051) | 336,317 | ||
| CASH FLOWS FROM INVESTING | ACTIVITIES: | ||||
| Interest received | |||||
| NET CASH PROVIDED BY INVESTING | ACTIVITIES | ||||
| CASH FLOWS FROM FINANCING | ACTIVITIES: | ||||
| Cash inflows from new loan | |||||
| Repayment of loan |
|||||
| NET CASH PROVIDED BY FINANCING | ACTIVITIES | ||||
| CHANGE IN CASH FOR THE YEAR |
(21,051) | 336,317 | |||
| RECONCILIATION OF NET CASH FLOW TO MOVEMENT |
IN NET FUNDS | ||||
| Net cash resources at 1April | 606,295 | 269,978 | |||
| CASH AT31MARCH | 585,244 | 606,295 | |||
| CASH CONSISTS OF: | |||||
| Cash at bank | 585,244 | 606,295 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| Funds 31 | Funds | Funds | Funds | Funds | Funds | |
| March | 31March | 31March | 31March | 31March | 31March | |
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |
| f | f | f | f | |||
| General donations | 359,356 | 25,000 | 384,356 | 191,047 | 133,010 | 324,057 |
| Gift aid | 27,261 | 27,261 | 9,500 | 9,500 | ||
| 386,617 | 25,000 | 411,617 | 200,547 | 133,010 | 333,557 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 31March | 31March | 31March | 31March | 31March | 31March | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| f | f | f | f | f | f | ||
| GRS | income | 10,869 | 10,869 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |
| 31March | 31March | 31March | 31March | 31March | 31March | |
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |
| f | f | f | f | f | f | |
| Auction sales | 537,050 | 537,050 | ||||
| Gifts in kind | ||||||
| Sponsorship | 177,000 | 177,000 | ||||
| Ticket sales | 129,895 | 129,895 | ||||
| Other events | ||||||
| 843,945 | 843,945 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |||||
| 31March | 31March | 31March | 31March | 31March | 31March | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||||
| f | E | E | E | f | f | |||||
| Gala and event costs | (500) | (500) | (134,323) | (134,323) | ||||||
| Travel costs | (61) | (61) | (20,308) | (20,308) | ||||||
| Marketing | costs | (3,567) | (3,567) | (1,620) | (1,620) | |||||
| 5creening | costs | |||||||||
| (4,128) | (4,128) | (156,251) | (156,251) | |||||||
| Support costs attributable | (52,900) | (52,900) | (76,392) | (76,392) | ||||||
| to cost of raising funds | ||||||||||
| (note 7) | ||||||||||
| (57,028) | (57,028) | (232,643) | (232,643) | |||||||
| . CHARITABLE | ACTIVITIES | |||||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||
| Funds | Funds | Funds | Funds | Funds | Funds | |||||
| 31March | 31March | 31March | 31March | 31March | 31March | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||||
| f | E | E | f | f | f | |||||
| Grants and general | donations | paid | (494,710) | (494,710) | (329,687) | (125,397) | (455,084) | |||
| during the period | ||||||||||
| Grants committed | during | the | (20,959) | (20,959) | ||||||
| period, but not paid | ||||||||||
| (494,710) | (494,710) | (350,646) | (125,397) | (476,043) | ||||||
| Support costs attributable | to | (126,558) | (126,558) | (25,127) | (7,613) | (32,740) | ||||
| charitable activities |
(note | 7) | ||||||||
| (621,268) | (621,268) | (375,773) | (133,010) | (508,783) |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| 31March | 31March | 31March | 31March | 31March | 31March | |||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| f | f | f | f | f | f | |||
| Staff salary | (91,898) | (91,898) | (41,256) | (41,256) | ||||
| Bank charges | 5 | (380) | (380) | (1,162) | (1,162) | |||
| commissions | ||||||||
| Audit fees | (8,568) | (8,568) | (9,300) | (9,300) | ||||
| Accountancy | fees | (5,189) | (5,189) | (1,360) | (1,360) | |||
| Professional | fees | (6,326) | (6,326) | (11,591) | (11,591) | |||
| Other support | costs | (10,732) | (10,732) | (17,462) | (17,462) | |||
| Just giving | (2,088) | (2,088) | (3,730) | (3,730) | ||||
| Staff expenses | (792) | (792) | (1,556) | (1,556) | ||||
| Alexei Stephenson | (585) | (sgs) | (1,116) | (1,116) | ||||
| Difference on | foreign | 7,467 | (7,613) | (146) | ||||
| exchange | ||||||||
| Bad debts | (52,900) | (52,900) | (20,453) | (20,453) | ||||
| (179,458) | (179,458) | (101,519) | (7,613) | (109,132) | ||||
| Apportioned | as follows: | |||||||
| Cost of raising | funds | (52,900) | (52,900) | (76,392) | (76,392) | |||
| Grant making | activities | (126,558) | (126,558) | (25,127) | (7,613) | (32,740) | ||
| (179,458) | (179,458) | (101,519) | (7,613) | (109,132) |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 31March | 31March | 31March | 31March | 31March | 31March | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| f | f | f | f | f | f | ||
| Donations | due | 222,900 | 222,900 | ||||
| Gift aid reclaim | 36,761 | 36,761 | 61,504 | 61,504 | |||
| Prepayments | |||||||
| 36,761 | 36,761 | 284,404 | 284,404 | ||||
| . CASH AT | BANK | ||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 31March | 31March | 31March | 31March | 31March | 31March | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| f | f | f | f | f | f | ||
| HSBCcurrent | 474,171 | 33,000 | 507,171 | 525,649. | 8,000 | 533,649 | |
| account | |||||||
| Metro bank | 77,526 | 77,526 | 72,085 | 72,085 | |||
| Paypal 8 Stripe | 547 | 547 | 561 | 561 | |||
| 552,244 | 33,000 | 585,244 | 598,295 | 8,000 | 606,295 |
| .CREDITORS — | amounts falling d |
ue within one | year | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | Funds | Funds | Funds | |
| 31March | 31March | 31March | 31March | 31March | 31March | |
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |
| f | f | f | f | |||
| Support costs | (10,441) | (10,441) | (1,558) | (1,558) | ||
| Audit | (8,430) | (8,430) | (9,238) | (9,238) | ||
| Unpaid grants | (20,959) | (20,959) | ||||
| committed | ||||||
| (18,871) | (18,871) | (31,755) | (31,755) |
| Page | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| 31March | 31March | 31March | |||
| 2020 | 2020 | 2020 | |||
| INCOME FROM: | f | f | f | ||
| Donations and legacies (note 2) |
16 | 200,547 | 133,010 | 333,557 | |
| Charitable activities |
(note 4) | 16 | 843,945 | 843,945 | |
| Other income - interest (note 3) |
16 | ||||
| Total income | 1,044,492 | 133,010 | 1,177,502 | ||
| EXPENDITURE ON: | |||||
| Cost of raising funds (note 5) | 17 | (232,643) | (232,643) | ||
| Charitable activities |
(note 6) | 17 | (375,773) | (133,010) | (508,783) |
| Total expenditure | (608,416) | (133,010) | (741,426) | ||
| Net (expenditure) | / income | 436,076 | 436,076 | ||
| Net movement in funds |
436,076 | 436,076 | |||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 414,868 | 8,000 | 422,868 | |
| Total funds carried | forward | 21 | 850,944 | 8,000 | 858,944 |
| . ALL | OCATION | OF NET ASSETS | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| 31March | 31March | 31March | 31March | 31March | 31March | ||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| Debtors | 36,761 | 36,761 | 284,404 | 284,404 | |||
| Cash at | bank | 552,244 | 33,000 | 585,244 | 598,295 | 8,000 | 606,295 |
| Current | liabilities | (18,871) | (18,871) | (31,755) | (31,755) | ||
| 570,134 | 33,000 | 603,134 | 850,944 | 8,000 | 858,944 |
| At 1April | Income | Expenditure | At 31March | |||
|---|---|---|---|---|---|---|
| 2020 | 2021 | |||||
| Restricted | funds | f | f | f | f | |
| Restricted | fund | 8,000 | 25,000 | 33,000 | ||
| Unrestricted | funds | |||||
| Unrestricted | funds | 850,944 | 397,486 | (678,296) | 570,134 | |
| Total funds | 858,944 | 422,486 | (678,296) | 603,134 |