||||Page|
|---|---|---|---|
|Index tothe Financial||Statements||
|Charitable|Company
information|||
|Trustees'
Report|||4-14|
|Statement|of Trustees'|Responsibilities|15|
|Independent
Auditor's||Report|16-18|
|Statement|ofFinancial|Activities|16|
|Statement|ofFinancial|Postion|20|
|Statement|ofCash Flows||21|
|Accounting|Policies||22-23|
|Notes to the Accounts|||24- 30|
##
|Status:||||Privacy
International||is a|company|limited|by guarantee|by guarantee|and a registered|charity governed|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||by its memorandum|and||articles of|association.||The directors ofthe charity are its|||
|||||trustees for the purposes|||of charity|law and throughout|||this report are collectively referred||
|||||to as the trustees.|||||||||
|Charity name:||||Privacy International|||||||||
|Company|registration||number:|4354366|||||||||
|||||(England
&Wales)|||||||||
|Charity registration||number:||1147471|||||||||
|Registered|office:|||62 Britton Street|||||||||
|||||London
EC1M 5UY|||||||||
|Operations|address:|||62 Bdtton Street|||||||||
|||||London
EC1M SUY|||||||||
|Trustees who held ofgce||||Eve Salomon|||||||||
|during the|year:|||Peter Noorlander|||||||||
|||||Benjamin
Elihu Wizner|||||||||
|||||Susan Gardnsr|||||||||
|||||David Victor Stephen||Viney||-Resigned||31 December 2020|||
|||||Holly Marie Ruthrauff|||||||||
|||||Stephen Josef Tibbett|||||||||
|||||Antonio
Michaelides|||||||||
|||||Natalie Carssy||||-Resigned||30June 2020|||
|||||Ahana Datta||||-Appointed||1 February 2021|||
|||||Werbayne
Ruthven||Mclntyre||-Appointed||1 February 2021|||
|||||Professor Joshua Castellino||||-Appointed||1 February 2021|||
|||||Amends
Borton||||-Appointed||1 February 2021|||
|Chairperson:||||Eve Salomon|||||||||
|Senior Statutory Auditor:||||Anthony Armstrong||FCA|||||||
|||||Armstrong
&Co|||||||||
|||||Chartered
Accountants|||8 Statutory|Auditor|||||
|||||4a Printing
House Yard|||||||||
|||||Hackney Road|||||||||
|||||London
E2 7PR|||||||||
|Solicitors:||||Covington
6 Sorting|||||||||
|||||265 Strand|||||||||
|||||London WC2R 1BH|||||||||
|Bankers:||||Barclays Bank|||||||||
|||||1 Churchill
Place|||||||||
|||||London E145HP|||||||||
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|forthe
earended|31
Ja|nua
2021|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||unrestricted|Restricted|TotalFunds|TotalFunds|
||||||Funds|Funds|||
|||||Notes|F||||
|Income from:|||||||||
|Donations
and legacies|||||17,351||17,351|11,915|
|Charitable
activities|||||950,875|1,010,390|1,961,265|4,189,401|
|Investments|||||1,126||1,126|1,362|
|Total income|||||969,352|1,010,390|1,979,742|4,202,678|
|Expenditure
on:|||||||||
|Charitable
activities|||||978,231|870,395|1,848,626|1,958,772|
|Total expenditure|||||978,231|870,395|1,848,626|1,958,772|
|Net income/(expenditure)||and movement|in funds||(8,879)|139,995|131,116|2,243,906|
|Transfers between|funds|||18|12,840|(12,840)|||
|Reconciliation offunds:|||||||||
|Total funds brought|forward|||12|3,676,053|401,720|4,077,773|1,833,867|
|Total funds carried|forward|||12|3,680,014|528,875|4,208,889|4,077,773|
##
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##
|for|the year ended 31January 202|1|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Notes|2021|2020|
||||||||||E|f|
|Cash flows from operating
activities:
Net cash provided
by/(used
in) operating|||activities|||||1|1,0,201|~220918|
|Cash flows from investing
activities:|||||||||||
||Dividends,
interest and rents from investments||||||||1,126|1,362|
||Purchase ofproperty,
plant and equipment||||||||(22,424)|(13,290)|
|Net|cash provided
by/(used
in) investing||activities||||||~21,298|~11,920|
|Change
in cash and cash equivalents||in the||reporting||period|||1,052,903|(232,846)|
|Cash and cash equivalents
at the beginning||||ofthe reporting|||period||1,403,800|1,636,646|
|Cash and cash equivalents
at the end||ofthe||reporting||period|||2,456,703|1,403,800|
|Notes to the Cash Flow Statement|||||||||2021|2020|
||||||||||E|f|
|1)|Reconciliation
ofnet income/(expenditure)||||to net|cash flow from|||||
||operating
activities||||||||||
||Nel income/(expenditure)
for the|reporting|||pediod (as per||the statement|offinancial|||
||activities)||||||||131,116|2,243,906|
||Adjustments
for:||||||||||
||Depreciation
charges||||||||35,871|30,912|
||Dividends,
interest and rents from investments||||||||(1,126)|(1,362)|
||(Increase)/decrease
in debtors||||||||935,593|(2,477,737)|
||Increase/(decrease)
in creditors||||||||(27,253)|(16,636)|
||Net cash provided
by/(used
in) operating||||activities||||1,074,201|220,918|
||||||||||2021
E|2020f|
|2)|Analysis ofcash and cash equivalents||||||||||
||Cashin
hand||||||||2,456,703|1,403,800|
||Total cash and cash equivalents||||||||2,456,703|1,403,800|
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|Slat incoming resources
Net incoming resources are stated after charging:
Statutory audit fees: Armstrong
&Co - statutory
audit services
Other audit fees: HW Fisher: project audit services
Depreciation - owned assets|2021
E
3,600
9,780
35,871|2020
E
3,600
9,360
30,912|
|---|---|---|
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|||2021|2020|
|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|E|E|E|E|
|17,351||17,351|11,915|
|17 351||17,351|11,915|
|||2021|2020|
|Unrestricted|Restricted|Total|Total|
|E|E|E|E|
|947,676|1,010,390|1,958,066|4,172,270|
|3,199||3,199|17,131|
|950,875|1,010,390|1,961,265|4,189,401|
|||2021|2020|
|Unrestricted|Restricted|Total|Total|
|E|E|E|E|
|1,126||1,126|1,362|
|1,126||1,126|1,362|
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Expenditure
on chaditable||activities||Unrestricted|Restricted
E|Totalf|Totalf|
|Staff salaries||||600,947|373,050|973,997|925,683|
|Staff social security
Pension costs||||62,263
38,620|40,813
25,285|103,076
63,905|97,511
57,097|
|Other staff costs||||6,256||6,256|7,875|
|Staff training
Recruitment||||3,105
4,748||3,105
4,748|26,747
5,441|
|Project expenses
Translation
costs||||40,212
3,774|342,791
3,714|383,003
7,488|440,003
6,479|
|Travel &accommodation||||1,061|5,034|6,095|79,869|
|Office expenses
Fundraising
costs
Rent||||86,322
272
52,124|10,917
33,222|97,239
272
85,346|102,072
9,233
85,202|
|Depreciation
(Gains)/losses
on foreign exchange
Legal &professional
fees
Consultancy
Bank & paypal charges
Governance - Board costs||||35,871
(8,747)
10,393
27,745
866
13|1,531
22,756
1,502|35,871
(8,747)
11,924
50,501
2,368
13|30,913
15,726
11,515
39,649
2,373
13|
|Trustee expenses
Audit fees||||8,181
3,600|9,780|8,181
13,380|1,859
12,960|
|Accountancy
costs||||605||605|552|
|||||978,231|870,395|1,848,626|1,958,772|
|Staffcosts||||||2021
E|2020f|
|Staff salaries||||||973,997|925,683|
|Staff social security
Staff pensions||||||103,076
63,905|97,511
57,097|
|||||||1,140,978|1,080,291|
|Average number of|employees||during the year was:|||25|23|
|El
idin|xcess|of E|60000dudinthecurrentear|andpreviousyear||1|1|
|No|ofemployees||
|---|---|---|
||2021|2020|
##
|8|Tangible fixed assets|Tangible fixed assets||||||
|---|---|---|---|---|---|---|---|
||||Leasehold||Computer|Furniture
8||
||||improvements|Software|equipment|fixtures|Total|
||||E|E|E|E|E|
||Cost|||||||
||As at 1 February 2020||103,055|3,645|39,767|18,093|164,560|
||Additions||4,260||14,984|3,180|22,424|
||As at 31January2021||107,315|3,645|54,751|21,273|186,984|
||Depreciation|||||||
||As at 1 February 2020||23,236|3,645|32,980|12,894|72,755|
||Charge for the year||21,440||11,190|3,241|35,871|
||As at 31January2021||44,676|3,645|44,170|16,135|108,626|
||Nst book value|||||||
||As at 31 January 2021||62,639||10,581|5,138|78,358|
||As at 31 January 2020||79,819||6,787|5,199|91,805|
|9|Debtors: amounts|falling due within one year||||2021|2020|
|||||||E|E|
||Rent deposit|||||15,478|15,478|
||Prepayments|||||45,803|19,497|
||Accrued income|||||1,682,440|2,644,339|
|||||||1,743,721|2,679,314|
|10|Bank and cash in hand|Bank and cash in hand|2021|2020|
|---|---|---|---|---|
||||E'|E|
||Barclays current bank|account|2,431,738|991,369|
||Barclays current bank|account 2|10,969|4,343|
||Barclays Treasury deposit bank account|||400,000|
||Paypal account||12,413|7,331|
||Travel currency cards||1,573|757|
||GiveAII Plafform||10||
||||2,456,703|1,403,800|
|11|Creditors: amounts|falling due within one year|2021|2020|
||||E|E|
||Trade creditors||4,339|18,352|
||Credit cards||(3,772)|2,776|
||Payroll taxes||27,109|25,217|
||Accruals||42,217|50,801|
||||69,893|97,146|
##
##
|for|the
earended
31Janua|2021||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Opening||balance|Resources|Resources||Other||Closing|
|12|The funds ofthe charity: current year|||||edeingf|utilisedf||movements||balancef|
||Restricted funds|||||||||||
||Restricted income funds||||401,720|1,010,390|(870,395)||(12,840)|528,875||
||Unreslricled
funds|||||||||||
||Designated
funds
General funds|||91,805
3,584,248||969,352 ~978231},|||(13,447)
26,287|78,358
3,601,656||
||Total unreslricled|funds||3,676,053||969,352|(978,231)||12,840|3,680,014||
|||||4077,773,||1 9797.42 .~7,040,626)||||4,208,889||
||||Opening||balance|Resources|Resources||Other||Closing|
|13|The funds ofthe charity: prior year|||||arisingf|utilisedf||movementsf||balancef|
||9~!i
d)
d'*|||||||||||
||Restricted
income funds||||444,352|1,136,286|(1,179,732)||814|401,720||
||Unrestricted
funds|||||||||||
||Designated
funds
General funds|||109,427
1,200,000||(17,622)
16,808
3,D66,393 ~779D41,||||91,805
3,584,248||
||Total unrestricted|funds||1,389,515||3,066,393|(779,041)||(814)|3,676,053||
|||||1833067,||4,2D2,679 ~)950773,||,||4,077,773||
||||Opening
balance|||Resources|Resources||Transfers &||Closing|
|14|Designated
funds: current
Fixed assets fund|year|||f
91,805
91,805|arisingf|utilised
f|adjustments
f
~)73447.
~)3,447)|||balancef
78,358
78,358|
||||Opening
balance|||Resources|Resources||Transfers
&||Closing|
|15|Designated
funds: prior year
Fixed assets fund||||f
109,427
109,427|edsing|utgisedf|adjustmentsf
~77622).
balancef
91,805
~)7,622)
9, 1,800||||
||Fixed assets fund|This fund represents||the amount of||charity funds locked up in fixed|||assets which are needed for|||
|||operational|purposes.||The funds are carried at the||net book value|ofthe fixed assets at|||the|
|||balance sheet date,||after deducting||any outstanding|loans, endowment
funds or restricted|||||
|||funds used to finance their acquisition.||||||||||
||||Opening
balance|||incoming|Resources||Transfers
&||Closing|
|16|Restricted funds: current|period|||f|resources|expended
f||gains/(losses)
f||balance|
||Adessium
Foundation||||13,086||||(13,086)|||
||Ford Foundation|||||418,563|25,687||||392,876|
||Foundation
to Promote Open Society||||103,686|101,419|195,531||||9,574|
||IDRC||||33,172|59,151|92,323|||||
||Luminate||||49,596||4,180||||45,416|
||Paul Hamlyn
Foundation||||55,150||55,396||246|||
||The Swedish
International|Development||||||||||
||Cooperation
Agency||||147028
40172D|431 259
1,D10,39D,|497 279
87D395|81,008
~2,
, ))040520075,||||
##
##
||||||Designated|Restricted|Endowment||
|---|---|---|---|---|---|---|---|---|
|18|Transfers between funds: current period|||Generslfunds|funds|funds|funds|Total|
||General|to restricted||(246)||246|||
||General to designated
Restricted to general|||13,447
13,086
26,207|(13,447)
~13447,|~37,0 60
~12, 400|||
||||||Designated|Restricted|Endowment||
|19|Transfers
between funds: prior period|||Generalfunds|funds|funds|funds|Total|
||General
General|to restricted
to designated||(814)
17622|~1T622.|814|||
|||||16,808|(17,622)|814|||
||||||Designated|Restricted|Endowment||
|20|Net assets attributable||to funds: current period|General funds|funds|funds|funds|Total|
||||||E|E|E|E|
||Tangible|fixed assets|||78,358|||78,358|
||Current
Current|assets
liabilities||3,671,549
~69,893||528,875||4,200,424
~69, 930|
||Net assets represented||by funds|3,601,656|78,358|528,875||4,208,889|
||||||Designated|Restricted|Endowment||
|21|Net assets attributable||tofunds: prior period|General funds|funds|funds|funds|Total|
||||||E|E|E|E|
||Tangible|fixed assets|||91,805|||91,805|
||Current
Current|assets
liabilities||3,681,394
~97746,||401,720||4,083,114
~97146,|
||Net assets represented||by funds|3,584,248|91,805|401,720||4,077,773|
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