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2021-03-31-accounts

Contents Pages
Trustees'
Annual
Report
1 —8
Reference &Administrative
Information
Independent
Examiner's
Report
10
Statement of Financial
Activities
Balance Sheet 12
Cash Flow Statement 13
Notes to the Financial Statements 14-19

7 virtual Em lo abilit Pro rammes
Ba ma rdo's Scotland 3/8/20 25 17 35
Barnardo's Scotland 19/10/20 25 28
Job Manchester 30/11/20 15 25
Centre
Foyer Derby, Hatfield, 7/12/20 9 28
Newhaven,
London
Catch-22 National 18/1/21 19 14 35
HITZ Bristol 1/2/21 8 26
Co-op Manchester 22/2/21 19 12 28
Academ
Seetec National 22/2/21 8 14 28

Total Funds Total Funds
2021 2020
Note F
Income from."
Donations 160,151 331,890
Total income 160,151 331,890
Expenditure
on:
Charitable
activities
160,384 340,177
Total expenditure 160,384 340,177
Net incomel(expenditure) and net
movement
in funds
(233) (8,287)
Total funds at start ofyear 38,200 46,487
Total funds at end ofyear 37,967 38,200

THE MITIE FOUNDATION
BALANCE SHEET
THE MITIE FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2021 Company number: 08107587
Note 2021f 2020
Fixed assets
Programme
related
investments 4,000
4,000
Current assets
Cash at bank and in hand 41,380 37,514
41,380 37,514
Liabilities
Creditors: amounts
falling
due within one year (3,413) (3,314)
Net current assets 37,967 34,200
Total assets less current liabilities 37,967 38,200
Net assets 37,967 38,200
Funds ofthe charity
Unrestricted
funds
10 37,967 38,200
Total funds 37,967 38,200

2021 2020
Net cash inflow from operating activities (552) 6,345
Investing
activities
Programme
related investment
repayments 4,418
Net cash inflow for the year 3,866 6,345
Reconciliation
ofnet movement
in funds to net cash inflow from operating activities
2021 2020
Statement
of Financial Activities:
Net movement in funds (233) (8,287)
Increase
in creditors: current
liabilities 99 (22)
Programme
related investment
impairment provision/written-off (418) 14,654
Net cash (outflow)/inflow from operating activities (552 6,345
Analysis ofchanges
in cash
during the year
2021 2020 Change
Cash at bank and in hand 41,380 37,514 3,866
2020 2019 Change
f. F
Cash at bank and in hand 37,514 31,169 6,345

Total Funds Total Funds
2021 2020
K
Donated services and facilities from Mitie 160,151 322,288
General donations 9,602
160,151 331,890

Expenditure on: Charitable
activities
Total Total
2021 2020
E F
Employee Costs 120,566 257,217
Travel and subsistence 23,556 38,325
Other support costs 3,272 20,883
Governance costs 3,433 3,251
Subscription
s
Grant funding:
Big Issue Invest Tech for Good challenge 9,975
(418)
2,880
17,621
160,384 340,177

This is stated after charg ing:
2021 2020
Independent Examiner's remuneration 3,433 3,251

Staff costs relating to these seconded staff were as follows:
2021 2020
E
Wages 8 salaries 99,481 232,813
Social security costs 12,549 13,847
Pension contributions 7,895 9,991
119,925 256,651
The following
number of employees
earned
in
excess off60,000 in the period;
2021 2020
Total remuneration: f.
f60,000 - F69,999
F70,000 - f79,999

2021 2020
F
At start ofyear 18,654 18,654
Repayments
Provision for impairment
(4,418) (14,654)
Balance written-off (14,236)
4,000

Creditors: amounts
f
alling due within one year
2021f 2020
F
Trade creditors 63
Accruals and deferred income 3,413 3,251
3,413 3,314

Forthe year ended 31 March 2021
At 1 Apr At 31 Mar
2020 Income Expenditure 2021
F
Unrestricted funds
General funds 38,200 160,151 (160,384) 37,967
Total funds 37,967
Forthe year ended 31 March 2020
At 1 Apr At 31 Mar
2019 Income Expenditure 2020
F F F F
Unrestricted funds
General funds 46,487 331,890 (340,177) 38,200
Total funds 46,487 331,890 340,177 38,200

Analysis ofnet assets between funds
Unrestricted
General Total
As at 31 March 2021 Funds
F
Other net assets 37,967 37,967
37,967 37,967
Unrestricted
General Total
As at 31 March 2020 Funds
F f.
Other net assets 38,200 38,200
38,200 38,200