2021-12-31-accounts - Xtend Global

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Reference and Administrative	Reference and Administrative
Trustees' Report		2 to 6
Independent Auditors'	Report	7to 10
Statement ofFinancial	Activities	11to 12
Balance Sheet
Statement ofCash Flows		14
Notes to the Financial	Statements	15to31

			and Lo	sses)
				Unrestricted	Restricte&1	Total
				funds	funds	2021
			Note		f
Income and Endowments		from:
Donations and legacies				1,044,631	184,774	1,229,405
Other trading activities				12,801	346	13,147
Investment income				185,930		185,930
Other income				31,305		31,305
Total income				1,274,667	185,120	1,459,787
Expenditure on:
Raising funds				(54,316)		(54,316)
Charitable activities				(947,154)	(223,677)	(1,170,831)
Total expenditure				(1,001,4707	~(223,477	(1.223.1477
Net income/(expenditure)				273,197	(38,557)	234,640
Transfers between	Rnds			1,720,887	(1,720,887)
Other recognised	gains and losses
Other gains/losses				(12,670)	(28)	(12,698)
Net movement in funds				1,981,414	(1,759,472)	221,942
Reconciliation offunds
Total funds brought	forward			1,123,519	2,024,024	3,147,543
Total funds carried	forward		22	3,104,933	264,552	3,369,485

				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations and legacies				749,817	434,679	1,184,496
Other trading activities				12,131	154	12,285
Investment income				273	43,583	43,856
Other income				28,641		28,641
Total income				790,862	478,416	1,269,278
Expenditure on:
Raising funds				(127,237)		(127,237)
Charitable activities				(623,410)	(408,498)	(1,031,908)
Total expenditure				(750,647)	(488,4985	~((,(59,(45
Net income				40,215	69,918	110,133
Transfers between	funds			(260,880)	260,880
Other recognised	gains and losses
Gains/losses on revaluation		offixed assets			1,552,957	1,552,957
Other gains/losses				(11,468)		(11,468)
Net movement in funds				(232,133)	1,883,755	1,651,622
Reconciliation offunds
Total funds brought	forward			1,355,652	140,269	1,495,921
Total funds carried	forward		22	1,123,519	2,024,024	3,147,543

						2021	2020
					Note
Fixed assets
Tangible assets					15	797,691	883,722
Investments					16	I	1
						797,692	883,723
Current assets
Debtors					17	66,353	48,583
Cash at bank and in hand					18	2,566,294	2,554,335
						2,632,647	2,602,918
Creditors: Amounts		falling due within		one year		(60,854)	(80,206)
Net current assets						2,571,793	2,522,712
Total assets less current			liabilities			3,369,485	3,406,435
Creditors: Amounts		falling due after		more than one year	20		(258,892)
Net assets						3,369,485	3,147,543
Funds ofthe charity:
Restricted income	funds
Restricted funds					22	264,552	2,024,024
Unrestricted income		funds
Designated Funds						2,225,802	635,181
General Funds						879,131	488,338
Total unrestricted	funds					3,104,933	1,123,519
Total funds						3,369,485	3,147,543

				2021	2020
			Note
Cash flows from operating	activities
Net cash income				221,942	1,651,622
Adjustments to cash flows from non-cash		items
Depreciation			10	86,031	88,637
Investment income			5	(185,930)	(43,856)
				122,043	1,696,403
Working capital adjustments
(Increase)/decrease in debtors			17	(17,770)	133,630
(Decrease)/increase in creditors			19	(19,352)	7,594
Net cash flows fiom operating	activities			84,921	1,837,627
Cash flows from investing activities
Interest receivable and similar Sale oftangible fixed assets	income			185,930	43,856 247,305
Net cash flows I'rom investing	activities			185,930	291,161
Cash flows from financing activities
Repayment ofloans and borrowings			20	(258,892)	258,892
Net increase in cash and cash	equivalents			11,959	2,387,680
Cash and cash equivalents at	I January			2,554,335	166,655
Cash and cash equivalents at 31December				2,566,294	2,554,335

					Unrestricted
					funds	Restricted	Total
					General	funds	funds
Trading income;
Other trading	income				12,801	346	13,147
Total for 2021					12,801	346	13,147
Total for 2020					12,131	154	12785
5 Investment	income
				Unrestricted	funds	Restricted	Total
				Designated	General	funds	funds
Interest receivable		and similar
income;
Interest receivable			on bank
deposits				185,848	82		185,930
Total for 2021				185,848	82		185,930
Total for 2020					271	43,583	43,856

		Unrestricted
		funds	Total
		General	funds
		g
Rental income		31,035	31,035
Accountancy	services	270	270
Total for 2021		31,305	31,305
Total for 2020		28,641	28,641

					Unrestricted
					lnoda	Total	Total
				Note	General f	2021 f	2020 f
Marketing and publicity					54,316	54,316	127,237
					54,316	54,316	127,237
8 Expenditure		on charitable	activities
				Unrestricted	funds	Restricted	Total
		Note		Designated f,	General f	funds	2021
Programme costs Media programme				24,936	49,659	26,270	100,865
costs PALM programme					1,532		1,628
costs					245,872	196,617	442,489
Depreciation,
amortisation	and
other similar costs Staffcosts Allocated support				78,239	7,792 499,552		86,031 499,552
costs					5,115		5,115
Governance	costs				34,457		35,151
				103,175	843,979	223,677	1,170,831

Governance	costs
				Unrestricted
				funds	Restricted	Total
				General	funds	funds
				f
Audit fees
Audit ofthe financial		statements		4,360		4,360
Other fees paid to auditors				635		635
Administration	and IT	costs		11,077		11,077
Legal fees				18,385		19,079
Total for 2021				34,457		35,151
Total for 2020				136,643		136,643
10 Net incoming/outgoing			resources
Net incoming	resources	for	the year include:
					2021f	2020
Audit fees					4,360	5,519
Depreciation	offixed assets				86,031	88,637

12 Staffcosts
The aggregate	payroll costs were as follows:
				2021	2020
					8
Staff costs during		the	year were:
Wages and salaries				435,844	567,280
Social security	costs			25,178	29,672
Pension costs				22,699	26,092
				483,721	623,044
				2021	2Q2Q
UK non-administrative			staff costs	134,891	348,722
UK administrative		staff costs		300,953	218,558
Social security	costs			25,178	29,672
Employers contribution			to pension	22,699	26,092
				483,721	623,044

charity during	the	year	expressed a	s full time equivalents was as	follows:
						2021	2020
						tvto	No
Total staff						14
No employee	received		emoluments	ofmore than %60,000 during	the year.
)3 Auditors'	remuneration
						2021	2020
						g	)t
Audit ofthe financial			statements			4,360	5,519
Other fees to auditors
All other non-audit		services
14 Taxation

15 Tangible fixed assets
			Land and	Furniture	and
			buildings	equipment		Total f
Cost
At 1 January 2021			1,174,429	55,581		1,230,010
At 31December 2021			1,174,429	55,581		1,230,010
Depreciation
At 1 January 2021			295,605	50,683		346,288
Charge for the year			84,380		1,651	86,031
At 31December 2021			379,985	52,334		432,319
Net book value
At 31December 2021			794,444		3,247	797,691
At 31December 2020			878,824		4,898	883,722
16 Fixed asset investments
				2021		2020f
Shares in group undertakings	and participating	interests

17 Debtors
	2021	2020
	f.
Trade debtors	1,012
Prepayments Other debtors	65,341	3,659 44,924
	66,353	48,583
18 Cash and cash equivalents
	2021	2020
Cash on hand	12,666
Cash at bank	2,553,628	2,554,335
	2,566,294	2,554,335

19 Creditors: amounts	falling due within one year
Other taxation and social Other creditors Accruals	security	2021 g 48,322 12,532	2020f 36,793 35,329 8,084
		60,854	80,206
20 Creditors: amounts	falling due after one year
		2021	2020
Other loans			g 258,892

0 er tm lease commitments	p oow	:
	2021	2020
	f.
Other
Within one year Between one and five years After five years		25,853 113,657 145,235
The loan was paid offin full in the year to 31December 2021.		284,745

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23 Analysis ofnet assets between	23 Analysis ofnet assets between	23 Analysis ofnet assets between
				Unrestmcted	Total funds at
				funds	31December
				General	2021
					g
Tangible	fixed	assets		797,691	797,691
Fixed asset investments				1	1
Current Current	assets liabilities			2,632,647 ~6~,8545	2,632,647 (60,854)
Total net assets				3,369,485	3,369,485
				Unrestricted	Total funds at
				funds	31December
				General	2020
				g	g
Tangible	fixed	assets		883,722	883,722
Fixed asset investments				1	I
Current	assets			2,602,918	2,602,918
Current Creditors	liabilities over 1year			(80,206) ~(258,E92	(80,206) (258,892)
Total net assets				3,147,543	3,147,543
24 Analysis of		net funds
					At 31
			At 1January	Financing cash	December
			2021	flows	2021
				8	g
Cash at bank and in hand			2,554,335	11,959	2,566,294
Net debt			2554335	11,959	2566294