| Trustees | Mr R Hoosen (Chairman) | |
|---|---|---|
| Mr AAli | ||
| Mr A Bassford | ||
| Mr D Leadbitter | ||
| Dr A Lewis | ||
| Mr A Wibisono | ||
| Ms M Andriamahefazafy | ||
| Mr J Burton | ||
| Secretary | Field Seymour Parkes | |
| Charity number | 1145586 | |
| Company | number | 07788763 |
| Registered | office | 1 London Street |
| Reading | ||
| Berkshire | ||
| RG1 4QW | ||
| Auditor | DSA Prospect Audit Limited | |
| The Old Chapel | ||
| Union Way | ||
| Witney | ||
| Oxfordshire | ||
| OX28 6HD | ||
| Bankers | Lloyds Bank Pic | |
| PO Box1000 | ||
| Andover | ||
| BX1 1LT | ||
| Solicitors | Field Seymour Parkes | |
| 1 London Street | ||
| Reading | ||
| Berkshire | ||
| RG1 4QW |
| Page | ||
|---|---|---|
| Trustees' report |
1-5 | |
| Statement oftrustees' |
responsibilities | |
| Independent auditor's |
report | 7-9 |
| Statement offinancial |
activities | 10 |
| Balance sheet | 11 - 12 | |
| Statement of cash flows |
||
| Notes to the financial | statements | 14-23 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2020 | 2020 | 2020 | 2019 | 2019 | 2019 | ||
| Notes | E | E | f. | F | |||
| Income from: | |||||||
| Donations and grants receivable Membership fees Investments |
175,201 323,894 |
1,088,678 | 1,263,879 323,894 |
173,268 346,635 1,042 |
592,719 | 765,987 346,635 1,042 |
|
| Total income | 499,095 | 1,088,678 | 1,587,773 | 520,945 | 592,719 | 1,113,664 | |
| Charitable activities |
6 | 430,040 | 588,135 | 1,018,175 | 385,041 | 846,505 | 1,231,546 |
| Net income/(expenditure) | |||||||
| for the year/ Net movement in funds |
69,055 | 500,543 | 569,598 | 135,904 | (253,786) | (117,882) | |
| Fund balances at 1 January 2020 |
(387,852) | 148,629 | (239,223) | (523,756) | 402,415 | (121,341) | |
| Fund balances at 31 December 2020 |
(318,797) | 649,172 | 330,375 | (387,852) | 148,629 | (239,223) |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | E | |||||
| Fixed assets Tangible assets Investments |
10 11 |
8,417 1 |
2,070 1 |
||||
| 8,418 | 2,071 | ||||||
| Current assets | |||||||
| Debtors Cash at bank and |
in | hand | 12 | 153,802 426,743 |
33,372 13,675 |
||
| 580,545 | 47,047 | ||||||
| Creditors: amounts one year |
falling due within | 13 | (258,588) | (288,341) | |||
| Net current assets/(liabilities) | 321,957 | (241,294) | |||||
| Total assets less | current liabilities | 330,375 | (239,223) | ||||
| Income funds Restricted funds Unrestricted funds |
14 | 649,172 (318,797) |
148,629 (387,852) |
||||
| 330,375 | (239,223) |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | E | |||||
| Cash flows from operating | activities | |||||
| Cash generated from/(absorbed by) operations |
420,234 | (183,428) | ||||
| Investing activities Purchase oftangible fixed assets Interest received |
(7,166) | (2,576) 1,042 |
||||
| Net cash used in investing |
activities | (7,166) | (1,534) | |||
| Net cash used in financing |
activities | |||||
| Net increase/(decrease) in equivalents |
cash and cash | 413,068 | (184,962) | |||
| Cash and cash equivalents | at beginning | ofyear | 13,675 | 198,637 | ||
| Cash and cash equivalents | at end of | year | 426,743 | 13,675 |
| Donations and grants |
receivable | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | ||||
| 2020 | 2020 | 2020 | 2019 | ||
| F | F | ||||
| Donations and gifts Grants receivable |
175,201 | 1,088,678 | 1,263,879 | 13,268 737,429 |
|
| 175,201 | 1,088,678 | 1,263,879 | 765,987 | ||
| For the year ended 31 | December 2019 | 173,268 | 592,719 | 765,987 | |
| Grants receivable for Grant income furthering |
core activities charity objectives |
175,201 | 1,088,678 | 1,263,879 | 737,429 |
| 175,201 | 1,088,678 | 1,263,879 | 737,429 |
| 2020 | 2019 |
|---|---|
| F | F |
| 323,894 | 346,635 |
| 5 | Investments | |||
|---|---|---|---|---|
| Total | Total | |||
| 2020 | 2019 | |||
| E | E | |||
| Interest receivable | 1,042 | |||
| 6 | Charitable activities |
2020 | 2019 | |
| E | ||||
| Staff and consultant costs Depreciation and impairment Project costs Travel costs Rent Heat and light |
683,274 819 244,170 7,438 23,837 |
690,896 548 387,461 71,736 15,975 2,861 298 |
||
| Internet Office costs Bank charges Insurance Advertising |
5,116 8,089 1,454 996 |
6,959 7,669 3,258 7,912 619 |
||
| Telephone Profit or loss on foreign exchange |
17,260 | 12,030 | ||
| 992,453 | 1,208,222 | |||
| Share of governance | costs (see note 7) | 25,722 | 23,324 | |
| 1,018,175 | 1,231,546 | |||
| Analysis by fund Unrestricted funds Restricted funds |
430,040 588,135 |
385,041 846,505 |
||
| 1,018,175 | 1,231,546 |
| 7 | Support costs | Governance | 2020 | 2019 |
|---|---|---|---|---|
| costs | ||||
| F. | ||||
| Accountancy fees Professional fees |
9,331 16,391 |
9,331 16,391 |
5,500 17,824 |
|
| 25,722 | 25,722 | 23,324 | ||
| Analysed between Charitable activities |
25,722 | 25,722 | 23,324 |
| 9 | Employees | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Number ofemployees | |||||||||
| The average | monthly | number | of employees | during the year | was: | 2020 | 2019 | ||
| Number | Number | ||||||||
| Employment | costs | 2020 E |
2019 F |
||||||
| Wages and salaries Social security costs Other pension costs |
389,321 8,770 913 |
470,923 27,169 1,693 |
|||||||
| 399,004 | 499,785 | ||||||||
| The number | of employees | whose | annual | remuneration | was F60,000 or | ||||
| more were: | 2020 | 2019 | |||||||
| Number | Number | ||||||||
| Over F100,000 | 1 | 1 |
| 10 | Tangible fixed assets | Fixtures and | Computers | Total |
|---|---|---|---|---|
| fittings | ||||
| E | E | |||
| Cost | ||||
| At 1 January 2020 Additions |
6,550 | 2,576 616 |
2,576 7,166 |
|
| At 31 December 2020 | 6,550 | 3,192 | 9,742 | |
| Depreciation and impairment At 1 January 2020 Depreciation charged in the year |
180 | 506 639 |
506 819 |
|
| At 31 December 2020 | 180 | 1,145 | 1,325 | |
| Carrying amount At 31 December 2020 |
6,370 | 2,047 | 8,417 | |
| At 31 December 2019 | 2,070 | 2,070 | ||
| 11 | Fixed asset investments | |||
| Other | ||||
| investments | ||||
| Cost or valuation | ||||
| At 1 January 2020 8 31 December 2020 | ||||
| Carrying amount |
||||
| At 31 December 2020 | ||||
| At 31 December 2019 | ||||
| 2020 | 2019 | |||
| Other investments comprise: |
Notes | E | ||
| investments in subsidiaries |
18 |
| 12 | Debtors | 2020 | 2019 | |
|---|---|---|---|---|
| Amounts falling due within one year: |
||||
| Trade debtors | 122,047 | 9,231 | ||
| Other debtors Prepayments |
and accrued income | 22,020 9,735 |
21,022 3,119 |
|
| 153,802 | 33,372 |
| 13 | Creditors: amounts | falling due within | one year | 2020 | 2019 |
|---|---|---|---|---|---|
| E | |||||
| Other taxation and social security Trade creditors Other creditors Accruals and deferred income |
6,126 228,232 24,230 |
1,980 8,998 233,673 43,690 |
|||
| 258,588 | 288,341 |
| Movement | in funds | Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at 1 January 2019 |
Incoming resources |
Resources expended1 |
Balance at January 2020 |
Incoming resources |
Resources expended |
Balance at 31 December 2020 |
|||
| E | E | ||||||||
| Grant income | |||||||||
| furthering | |||||||||
| charity objectives |
402,415 | 592,719 | (846,505) | 148,629 | 1,088,678 | (588,135) | 649,172 |
| 15 | Analysis of net assets | between funds Unrestricted |
Restricted | Total | Unrestricted | Restricted | Total |
|---|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 | 2019 | 2019 | ||
| F | F | F | F | E | |||
| Fund balances at 31 | |||||||
| December 2020 are | |||||||
| represented by: Tangible assets |
8,417 | 8,417 | 2,070 | 2,070 | |||
| Investments | 1 | 1 | 1 | 1 | |||
| Current assets/ (liabilities) |
321,957 | 321,957 | (241,294) | (241,294) | |||
| 330,375 | 330,375 | (239,223) | (239,223) |
| Details | ofthe charity's su |
bsidiaries at 3 |
1 Dec | ember 2 | 020 are as follows | : | |
|---|---|---|---|---|---|---|---|
| Name | of undertaking | Registered office |
Nature | of business | Class of shares held |
% Held Direct Indirect |
|
| IPNLF | LTD | 1 London Street, | Dormant | company | Ordinary | 100.00 | |
| Reading, | |||||||
| Berkshire, | RG1 | ||||||
| 4QW |
| 19 | Cash generated from operations |
2020 E |
2019 | ||||
|---|---|---|---|---|---|---|---|
| Surplus/(deficit) for the year |
569,598 | (117,882) | |||||
| Adjustments for: Investment income recognised in statement offinancial Depreciation and impairment of tangible fixed assets |
activities | 819 | (1,042) 548 |
||||
| Movements in working capital: (Increase) in debtors (Decrease) in creditors |
(120,430) (29,753) |
(26,397) (38,655) |
|||||
| Cash generated from/(absorbed |
by) | operations | 420,234 | (183,428) | |||
| 20 | Analysis ofchanges in net funds |