Registered number: 07463679 Charity number: 1142269 GRUBB FORWARD LTD (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
GRUBB FORWARD LTD (A company limited by guarantee) CONTENTS Page Reference and administrative details of the company. Its Trustees and advlsers Trustees. report Trustees. responsibilities 5tstement Independent examlner's report Statement of flnancbal actlvltles Balance sheet N¢tes to the financial statements 10- 19
GRUBB FORWARD LTD (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022 Trustees Ms Carollne Roboh Mr John Gordon Mrs Catherine Hesketh-Harvey Mrs Sarah Gotley Dr Eleanor O'Keefe Mrs Rose-Lee Levy {appointed 22 February 20221 Company reg•stered numbÈr 07463679 Charity registered number 1142269 Accountants SRLV Audit Limited Charted Accountants Elsley Court 20-22 Great Titchfleld Street Londtsn WIW 8BE Page 1
GRUBB FORWARD LTD (A company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees (who a also directors of the charity for the purpose of the Companles Act) present thelr annual report together with the financial statements gf the compèny I'the company'l for the year l January 2022 to 31 Decernber 2022. The Trustees confirm that the annual report and financial staternents of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice ISORPI applicable to charities preparing their aCCOLtnts In accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS102) {effettive l January 20151 as amended by Update BLtlletift I (effective January 20151. Since the company qualifies as small under section 382 of the Companies Art 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Dlrectors, Reporti fiegulations 2013 has been omitted. Objectlves and actlvltles •. Poll¢ies and obJertive• The objective of the charity is to promote social inclusion for public ber¢efit, particularly for the Roma people lin Serbial and for people with disabilities, by preventing people from becoming socially excluded and assisting them to integrate Into soclety. b. Actlvltles for achl•vln9 ¢bJertlve$ GRU88 actively fights ra¢ial p)udice throu9h the GRUBB educational centres, the GRUB8 Show and the variou5 arts and edL4Cation programmes created to advocate our goals. The Trustees have pald due regard to guidan used by the Charity Commlsslon In decidlng what activltles Grubb Forward should undertake. ¢. Grant maklng poli¢•es It is the policy of Grubb Forward to grant funds to run tutoring and artistic pro9rammes In Belgrade, Nls and Novi Sad. Page 2
GRUBB FORWARD LTD {A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Achievements and perforrnance Revlew of activities During the year. the company received donations of £100.258 (2021 - É 10.069). Caroline Roboh, a member of the 8oard of Trustees donated E80.000 12021 - £10,069) and Grubb Productions CIC donated £20,258 12021 £Nill. As at 31 December 2022, there was a deficit on unrestricted reserves amounting to £37,017 12021 reserves of £26,005) and no restricted reserves 1202 1 ÉNILI. The unrestricted reserves are available for use at the dlscretion of the Trustees in furtherance of the general objectives of the company and whlch hove not been designated for other purposes. In the current year, the Trustees have made grants in excess of the total reserves available, funded by a loan received from a Trustee. As a result. the charity has a net liability position at the balance sheet date of £37,017 12021 reserves of £26,005). Prior t¢¥ making such grants. the Trustees obtained the confirmatlon of the fellow Trustee (lender) that the loan would not be repayoble until such time as the charity has sufficient funds to meet its obligations and make any SLtch repayment. The charity has cash resetves of £ 137,256 1202 1 £30,506) as at the year end, and the Trustees expect the balance sheet posltlon to be reversed within the foreseeable future such that donations will exceed charitable expendlture and posltlve reserves are malntained. GRUBB has created varlous projects to allow the collaboratlon and Integration of Roma and non Roma young people Including the three GRU88 education centres in Serb¢a and the GRUBB Show. The GRU88 centres have a hlgh success rate in keeping Roma children in school and allowing them to pass their exams, b. Investment pollcy •nd pertorm•n¢e The sole Investment 15 in the wholly owned subsidiary, Grubb Productions CIC. Please see the flxed asset Investment note for further details. Flnanclal revlew . Golng concern After making appropriate enqltiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational extstence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further detalls regarding the adoption of the going concern basis can be found in the accounting policies. b. Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be rnaintained at a level equivalent to between three to six months of expenditu. The Trustees conslder that resetves at this level will ensure that, In the event of a signifscant drop in funding, they will be able to continue the charity's current activities while consideration Is given to ways in whlch additional funds may be raised. As disclosed in the "Review of activities" above, the Trustees made grants in excess of the available reserves in the year. Appropriate steps to ensvre that the charity will be able to meet Its obligations were taken at the time of making the grants. The charity has sufficient cash reserves to allow it to continue to meet it's activities. Page 3
GRUBB FORWARD LTD
(A company limited by guarantee)
TRUSTEES'REPORT(CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
Structure, governance and management
a. Constitution
The company is registered as a charitable company limited by guaratee that was incorporated on 8 December 2010 and registered as a charity on 6 June 2011. The company changed its name from RPoint Forward Ltd on 22 January 2013.
The company is constituted under a trust deed. The Trustees, who are also directors for the purpose of company law, and who served during the year were:
Miss Caroline Roboh Mr John Gordon Mrs Sarah Gatley Dr Eleanor O'Keefe Mrs Catherine Hesketh-Harvey
b. Methods of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the trust deed.
c. Organisational structure and decision-making policies
The Trustees are appointed in accordance with the articles of association and make all major decisions of the charity.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 In the event of winding up.
The Trustees have assessed the major risks to which the company Is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Plans for future periods
The Trustees have a reasonable expectation that donations received will be in excess of the current negative reserves. The funding of the charity wlll continue to be reviewed and the Trustees expect to make further donations as funding becomes avallable, with the aim of improving the lives of individuals.
Funds held as custodian
No funds are held as a custodian.
Approved by order of the members of the board of Trustees on 10 October 2023 and signed on their behalf by:
Ms Caroline Roboh Trustee
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GRUBB FORWARD LTD {A company limited by guarantee) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees (who are a150 the dirertors of the company for the purposes of company lawl are responsible for preparing the trustees, report and the financial statements in actordance with applicable law and United Kin9dom Accounting Standards {Uniled Kingdom Generally Accepted Ac¢oynting Practice). Company law requires the Trustees to ppare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its Income and expenditure, for that periotj. In preparing these financial statements, the Trustees are required to.. select SLtitable accounting pollcles and then apply them consistently. observe the methods and principles of the Charities SORP IFRS 1021; make judgements and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards (FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements,. prepare the flnancial statements on the going concern basis unless it is inappropriate to presume that the cornpany will continue In bijsiness. The Trustees are responsible for keeping adequate accountin9 records that are sufficient to show and explaln the company's transactions and dSsclose with reasonable accuracy at any time the financial position of the company and enable them to en$ that the financial statements comply with the Companies Act 2006. They are also responsible for salegvardin9 the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irre9ularities. Page 5
GRUBB FORWARD LTD (A company limited by guarantee} INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Jndtpendent examlner's report to the Trustees of Grubb Forward Ltd ('the company.) report to the charity Trustees on my examination of the accounts of the company for the year ended 31 December 2022. Responsibilities and basis of report As the Trustees of the company land its diretttsrs for the pury)oses of company lawl YOL¢ are responsible for the preparatlon of the accounts in accordance with the QU1ments of the Companles Act 2006 I'the 2006 Act'l. Having satisfied rnyself that the accounts of the company are not qUired to be audited under Part 16 of the 2006 Act and are eligible for independent examination. J report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 {'the 2011 Act'l. Zn carrying out my examination I have followed the Directions given by the Charity Commisslon under section 14515llbl of the 2011 A¢t. Independent examlner's statement I have completed my examlnatlon. I confirm that matters have come to my attentlon In connection wlth the examlnation glving me cause to believe.. a¢¢ounting records were not kept in respert of the company as QuIred by sectlon 386 of the 2006 Act; or the accounts do not accord with those records: or the accounts do not comply with the accounting qUIreMentS of sectlon 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which Is not a matter considered as part of an independent examinatlon- or the account5 have not been prepad in accordance with the methods arbd principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing thelr accoLtnts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in connection with the examlnatSon to whlch attention shoult4 be drawn in this report in order to enable a proper understanding of the accounts to be reached. Page 6
GRUBB FORWARD LTD (A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
Use of our report
This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.
Signed: Dated: 11 October 2023
Richard Gilbert for and on behalf of
SRLV Audit Limited
Chartered Accountants Elsley Court 20-22 Great Titchfield Street London WlW 8BE
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GRUBB FORWARD LTD (A company limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestricted funds 2022 Total funds 2022 Total Funds 2021 Note Income from: Donations Other trading artlvltles 100,258 86 100,258 86 10,069 Tot41 income 100,344 100,344 10,069 Expendlture on: Charitable activities 163,366 163,366 6,046 Total expenditure 163,366 163,366 6,046 Net movement In funds before other recognlsed galns (63,022) (63,022) 4,023 Net movement In lunds (63,022) (63,022) 4,023 ReconciliJtlon of funds: Total funds brought forb¥ard Net movement in funds 26,005 (63,022) 26,005 (63,022) 21,982 4,023 Total funds carrled forward (37,017) (37,017) 26,005 The statement of flnanclal activities includes all gains and losses recognised in the year. The notes on pages 10 to 19 form part of these financial statements. Page 8
GRUBB FORWARD LTD (A company limited by guarantee) REGISTERED NUMBER: 07463679
BALANCE SHEET AS AT 31 DECEMBER 2022
| Fixed assets Investments Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current (liabilities) / assets Total assets less current liabilities Total net (liabilities} / assets Charity funds Restricted funds Unrestricted funds Total funds Note 10 11 12 12 |
137,256 137,256 (174,285) |
2022 £ 12 12 (37,029) (37,017} (37,017} {37,017) (37,017) |
30,506 30,506 (4,513) |
2021 £ 12 12 25,993 26,005 26,005 26,005 26,005 |
|---|---|---|---|---|
The company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question In accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 10 October 2023 and signed on their behalf by:
� �£IL____
Ms Caroline Roboh
Trustee
The notes on pages 10 to 19 form part of these financial statements.
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GRUBB FORWARD LTD (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 General information The company Is a private company limited by guarantee. The members of the company are the Trustees named on page l. In the event of the company being wound up, the liability in respect of the guarantee is Ilmited to El per member of the company. The address of its reglstered office is Elsey Court, 20-22 Gat Titchfleld Street, London, WIW 8BE. Accounting pollcl•s 2.1 Basis of preparation of financial st•tements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffertive l January 20191, the Flnancial Reportlng Standard applicable In the UK and Republic of Ireland {FRS 1021 and the Companles Act 2006. Grubb Forward Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactlon vallte unless otherwise stated in the relevant accounting pollcy. The charlty's functlonal and presentatlonal currency is pound sterling. 2.2 Goln9 ¢on¢¢rn A5 at the year end, the balance sheet shows that the company has liabilities In excess of assets as a result of a Trustee loan to the company. The Trustees are of the opinion that this is temporary and therefore the accounts have been ppared on a going concern basis. A Trustee has confirmed that she will provide support to the charity by not CallIng the loan In the foreseeable future and therefore there are no material uncertainties about the charity's abillty to continue as a going concern. 2.3 Income All income is reco9nised once the company has entitlement to the Income, It Is probable that the income w511 be received and the amount of income CeIVable can be measured reliably. Donated services or facilities are recognised when the company has Control over the item. anv condition5 as5tsciated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market,. correspor*ding amount is then recognised in expenditure in the period of recejpt. Page 10
GRUBB FORWARD LTD {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constwctive obligation to transfer economic benefit tts a third party, it is probable that a transfer of economic benefits will be required In settlement and the amount of the obligation can be ffleaSud reliably. Expenditure Is classified by activity. The Costs of each activity are made up of the total of direct costs and shared costs, ¢ncluding support costs involved in undertakino each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis con51Stent with the use of resources. Central staff costs are allocate(J on the basi5 of time spent, and depreciation charges allo¢ated on the portion of the asset's use. Expenditure on charitoble activities Is Incurred on directly undertaking the activities whl¢h further the ¢ompany's objectives, as well as any associated support costs. Grants payable are charged in the year when the offer is made except in those cases where the offer Is conditionol, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants olfered subject to conditions which have not been met at the year end are noted as a commitment, bui not accrued as expenditure. Support costs are those incurred dlrectly in support of expenditure on the objects of ihe company. Governance ¢osts are those incurred in connection with administration of the company and compllance with constitut¥onal and statutory requirements. Charitable a¢tivities and governance costs are ¢osts incurred on the ¢ompany's educational operations, including support costs and costs relating to the governan¢e of the company apportioned to charitable activities. 2.5 Inve$tments Investments irb subsidlarles are shown at cost less Impaim)ent. 2.6 Ca$h at bank and In hand Cash al bank and in hand includes cash and short-term hlghly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or slmllar account. 2.7 Liabilities and provisions Llabilitiesare recognised when the Trs an obllgalion at the balance sheet date as a result of past event, il 15 probable that a transfer of economic benefst will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipate5 It will pay to settle the debt or the amgunt it has ceiVed as advanced payments for the goods or services it must provide. ProvSsSons are measured at the best estimate of the amounts reqUId to settle the obligation. Page11
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accountin9 policies {continued} 2.8 Financlal InstrumeDt5 The company only has financial assets and financial liabilities ol a kind that qualify a5 basic financial Instruments. 8asic financial instruments are initially recognised at transactlon value and subsequently measured at their settlement value. 2.9 Fund accountlng General funds are unrestncted funds which are available for sjse at the discretion of the Trustees In furtherance of the general objectives of the company and which have not been desSgnated for other purposes. 2.10 Group account$ The flnanclal statements present information about the company as an individual undertaking and not about its group. The ¢ompany and its subsidiary undertaking ¢omprlse of a small-sized group. The company has therefore taken advantage of the exemption5 provided by sectlon 399 of the Companies Act 2006 not to prepare group accounts. 2.11 Cash Ilow Since the company qualifies as small under section 383 of the Companies Act 2006, it has taken advantage of the exemptiorbs permitted by the Charities SORP not to prepare a statement Of cash flows. Income Irom donatloTrg Unrestricted funds 2022 Total funds 2022 Donations 100,258 100,258 Unrestricted funds 2021 Total funds 2021 Oonations 10,069 10,069 Page12
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Income from other activities Unrestricted funds 2022 Total funds 2022 Total fund5 2021 Interest receivable 86 86 Analysls of grants Grants to Institutions 2022 Total funds 2022 Total funds 2021 Grants to Grubb FondacSJa, a Serbian Found)tlon 155,218 155,218 Analy$is of exp•ndlture on charltable •ctlvlties Summary by fund type Unrestricted funds 2022 Total 2022 Charitable Costs 163,366 163,366 Unrestricted funds 2021 Total 2021 Charitable costs 6,046 6,046 Page 13
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of expendlture by activities Grant funding of activities 2022 Govérnance costs Support costg 2022 Total funds 2022 2022 Charitable costs 4.950 155,218 3,198 163,366 Governance costs 2021 Support costs 2021 Total funds 2021 Charltable costs 4,693 1,353 6,046 Page 14
GRUBB FORWARD LTD (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of expenditure by activtties (conttnued) Analysis of support cogts Support costs 2022 Total funds 2022 Website design Bank charges Event plannlng Interest charged Movemeni on foreign exchange Prlnting, postage and stationary Legal and profe55Ional 3,353 188 3,353 188 8,422 668 8,422 668 110,058) {10,058) 132 132 493 493 3,198 3,198 SL*PPOrt costs 2021 Total funds 2021 Bank charges Movement on ftsreign exchange Printin9, postage and statior¢ary 78 78 1,143 132 1,143 132 1,353 1,353 Page 15
GRUBB FORWARD LTD (A company lirnited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Analysis of governance tosts Governance costs 2022 Total funds 2022 Independent examination fee 4,950 4,950 Governance costs 2021 Total funds 2021 Independent examination fee 4,693 4,693 Trust¢•s' r¢mun•ratlon and •xp•nses During the year, no Trustee received any mUneratIOn or other benefits1202 1 £NILI. Durlng the year ended 31 December 2022, no Trustee expenses have been Inojrred 12021 ENILI. Page 16
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 10. Fixed asset investments Shares in group undertakings Cost At l January 2022 12 At 31 December 2022 12 N•t book valu• At 31 Oecember 2022 12 At 31 December 2021 12 Subsldl•ry yndrtkln9 The lollowlng was a subsldiary undertaking of the company: Name Holding Grubb Productions CIC ioov/ The charlty holds 12 ordinary shares of £1 each in its wholly owned subsidlary company, Grubb Productions CIC, which is registered In England and Wales and wh05e registered office is Elsey Court, 20-22 Gal Tirchfield Street, London, WIW 88E. 11. Crndltors: Amounts falling due wlthin one year 2022 2021 Other creditors 164.703 9,582 12 4,501 Accruals 174,285 4,513 Page 17
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 12. Statement of funds Statement ot tunds - current year Balance at l January 2022 Balance at 31 Decernber 2022 Income expenditure Unrestricted funds 26,005 100,344 (163,366) {37,017) General funds - all funds StJt¢ment ol funds - prlor year 8alance at 31 December 2021 Balance at l January 2021 Income Expenditure Unrestr5cted funds General funds - all funds 21,982 10,069 (6,0461 26,005 13. An*ly$i$ of net assets betw•en lunds Analysls of net assets between funds - current year Unrestricted funds 2022 Total funds 2022 Fixed asset investments Current assets Creditors dtje within one year 12 12 137,256 137,256 (174,285) (174,285) Total 137,017) (37,017) Page 18
GRUBB FORWARD LTD (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 13. Analysis of net assets between funds {contlnued) AnalysSs of net assets between funds- pr•or year Unrestricted funds 2021 Total funds 2021 Investment in subsldiary Current assets Creditors due within one year 12 12 30,506 [4,513} 30,506 {4,5131 Tot•1 26,005 26,005 14. R¢lat•d party transactlons During the year, the company received a loan of £244,691 12021 ENIL} from CarolSne Roboh, Trustee of the company, of which £80.000 12021 £NIL} was released and re¢¢rded as a donatlon within the statement of financial activities, leaving a balance of £164,691 {2021 £NILI outstanding at the balance sheet date. The loan is Inte$t-free and repayable on demand with no repayment terrns, although the Trustee has provided confirmation that these amounts will not be called until such lime as the entity has sufficient funds to do so. During the prior year, donatlons of £10,069 were receSved from Caroline Roboh. During the year, the company made grants of £155.218 12021 ÉNII) to Grubb Ftsndacija, a Serblan Foundation, an oroanisation under the control of Trustees in common. There was no balance outstandin9 at the balance sheet date. During the year, Grubb Forward received donations totalllng £20,258 {2021 £Nill from Grubb Productitsns CIC I 100% subsldiary). 15. Controlllng party In the opinion of the Trustees, there is no single controlling party. Page 19