| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | ||
| Trustees' report | 2-12 | ||
| independent | auditors' report |
on the financial statements | 13-16 |
| Consolidated | statement offinancial activities | 17 | |
| Consolidated | balance sheet | 18 | |
| Charity balance sheet | 19 | ||
| Consolidated | statement ofcash flows | 20 | |
| Notes to the | financial statements | 21 - 36 |
| Reference | and administrative details ofthe Charity, its |
and administrative details ofthe Charity, its |
Trustees and advisers | ||
|---|---|---|---|---|---|
| For the year ended 30 | November 2022 |
||||
| Trustees | Alderman Nicholas Lyons - Lord Mayor 2022/2023, Chair for 2021/22 appeal |
year | |||
| Alderman Vincent Keaveny - Lord Mayor 2021/2022, Chair for 2020/21 appeal |
year | ||||
| Alderman Professor Michael Mainelli |
|||||
| Alderman Timothy Hailes |
|||||
| Dr Zainab Khan |
|||||
| Phoebe Stone | |||||
| Alderman Alastair King (appointed 7 December 2022) |
|||||
| Lidia Bozhevolnaya (appointed |
13February 2023) | ||||
| Alderman Sir Peter Estlin - Lord Mayor 2018/19, Chair for 2019/20 appeal (resigned 15December 2021) |
year | ||||
| Alderman Sir Charles Bowman - Lord Mayor 2017/18, Chair for 2018/19 appeal year (resigned 15December 2021) |
|||||
| Paulette Cohen (resigned 15December 2021) | |||||
| Alderman Sir William Russell - Lord Mayor 2019/2021, Chair for 2017/18 appeal |
|||||
| year (resigned 7 December 2022) | |||||
| Karina Ann Robinson (resigned |
7December 2022) | ||||
| Dr Joanna Abeyie (resigned 15 | March 2023) | ||||
| Company | registered | ||||
| number | 08140664 | ||||
| Charity registered | |||||
| number | 1148976 | ||||
| Registered | office | The Mansion House |
|||
| Walbrook | |||||
| London | |||||
| EC4 SBH | |||||
| Independent | auditors | Kreston Reeves LLP | |||
| Chartered Accountants |
|||||
| Statutory Auditor | |||||
| 2nd Floor | |||||
| 168Shoreditch High Street |
|||||
| London | |||||
| E16RA | |||||
| Bankers | Barclays Bank Pic | ||||
| 27 Soho Square | |||||
| London | |||||
| W1D 3QR |
| Before | After | ||
|---|---|---|---|
| 1will have to work harder than my male peers to achieve a career in the City |
83% | (a & |
66% |
| I understand the different careers available to me in the City |
sr~ | ~g | so~ |
| Iknow how to apply for acareer in the City | 16% | ~~ | 56% |
| l know what skills are needed to have a career in | |||
| the City | 86% |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | 6 | E | |||||
| Income from: | |||||||
| Donations and |
legacies | 3 | 121,784 | 1,017,985 | 1,139,769 | 1,335,623 | |
| Other trading activities |
4 | 1,016,006 | 1,015,006 | 1,534,596 | |||
| Total income | 121,784 | 2,032,991 | 2„154,775 | 2,670,219 | |||
| Expenditure on: |
|||||||
| Raising funds | 761,159 | 761,159 | 851,136 | ||||
| Charitable activities |
121,784 | 1,285,952 | 1,407,738 | 1,612,566 | |||
| Total expenditure | 121,?&4 | 2,047,111 | 2,168,895 | 2,463,706 | |||
| Net movement | in funds | (14,120) | (14,120) | 406,513 | |||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 1,195,642 | 1,195,642 | 789,129 | |||
| Net movement | in funds | (14,120) | (14,120) | 406,513 | |||
| Total funds carried forward | 1,181,522 | 1,181,522 | 1,195,642 |
| Note | 2022f | 2021 | |||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net cash used in operating |
activities | 19 | (43,302) | 138,031 | |
| Change in cash and cash |
equivalents in |
the year | (43,302) | 138,031 | |
| Cash and cash equivalents | at the beginning | ofthe year | 1.126,746 | 988,715 | |
| Cash and cash equivalents | at the end of | the year | 20 | 1,083,444 | 1,126,746 |
| The notes on pages 21 to 36form part ofthese financial statements |
| Unrestricted | Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||
| 2022 | 2022 | 2021 | |||||||
| E | E | ||||||||
| Fundraising | events | 146,991 | 146,991 | 80,287 | |||||
| Total2021 | 80,287 | 80,287 | |||||||
| Income from non charitable | trading | activities | |||||||
| Unrestricted | Total | Total | |||||||
| funds | funds | funds | |||||||
| 2022 | 2022 | 2021 | |||||||
| E | |||||||||
| Income from | subsidiary | - LMA | Trading | Limited | 868,015 | 868,015 | 1,454,309 | ||
| Total 2021 | 1,454,309 | 1,454,309 | |||||||
| 5. | Expenditure | on raising | funds | ||||||
| Costs ofraising voluntary | income |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| E | E | F | |
| Consultancy | 21,139 | 21,139 | 62,331 |
| Support costs | 134,395 | 134,395 | 74,155 |
| Wages and saladies | 274,000 | 274,000 | 254,217 |
| Social security costs | 31,145 | 31,145 | 25,813 |
| Other pension costs | 7,622 | 7,622 | 6,807 |
| 468,301 | 468,301 | 424,323 | |
| Total 2021 | 424,323 | 424,323 |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2022 | 2022 | 2021 | ||||||
| E | E | E | ||||||
| Expenditure | ofsubsidiary | - | LMA | Trading | Limited | 292,858 | 292,858 | 426,815 |
| Total2021 | 426,815 | 426,815 |
| Grants to | Total | Total | |
|---|---|---|---|
| Institutions | funds | funds | |
| 2022 | 2022 | 2021 | |
| F | E | E | |
| Grants payable | 1,124,817 | 1,124,817 | 1,331,304 |
| Total 2021 | 1,331,304 | 1,331,304 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | |||
| Samaritans (2021 Appeal) |
313,584 | 70,000 | |
| Place2Be (2021 Appeal) | 113,584 | 270,000 | |
| The Duke of Edinburgh's Award (2021 |
Appeal) | 113,584 | 270,000 |
| OnSide Youth Zones (2021 Appeal) | 113,584 | 270,000 | |
| Samaritans (2020Appeal) |
90,738 | ||
| Place2Be (2020Appeal) | 90,738 | ||
| The Duke ofEdinburgh's Award (2020 |
Appeal) | 56,443 | |
| OnSide Youth Zones (2020 Appeal) | 90,738 | ||
| Guild ofHuman Resource Professionals |
(2021 Appeal) | 36,370 | |
| Best Beginnings (2021 Appeal) |
36,370 | ||
| Samaritans (2022 Appeal) |
35,000 | ||
| Place2Be (2022 Appeal) | 35,000 | ||
| The Duke ofEdinburgh's Award (2022 Appeal) |
110,000 | ||
| OnSide Youth Zones (2022 Appeal) | 35,000 | ||
| National Numeracy (2022 Appeal |
110,000 | ||
| 1,052,076 | 1,208,657 | ||
| Other grants under 835,000 |
72,741 | 122,647 | |
| 1,124,817 | 1,331,304 | ||
| No grants were paid to individuals. |
| Restricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| 2022 | 2022 | 2022 | 2021 | ||
| 6 | 5 | 5 | |||
| City Giving Day | 62,826 | 62,826 | 66,488 | ||
| Power of Inclusion | 39,252 | 39,252 | 75,962 | ||
| This Is Me+ Green Ribbon | 106,653 | 106,653 | 101,727 | ||
| Grant and governance | costs | 121,784 | 1,020,756 | 1,142,540 | 1,349,077 |
| We Can Be | 56,465 | 56,465 | 19,314 | ||
| 121,784 | 1,285,952 | 1,407,736 | 1,612,568 | ||
| Total 2021 | 154,525 | 1,458,043 | 1,612,568 |
| Activities | Grant | |||||
|---|---|---|---|---|---|---|
| undertaken | funding of |
Support | Total | Total | ||
| directly | activities | costs | funds | funds | ||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| 5 | 5 | |||||
| City Giving Day | 62,826 | 62,826 | 66,488 | |||
| Power of Inclusion | 39,252 | 39,252 | 75,962 | |||
| This Is Me + Green Ribbon | 106,653 | 106,653 | 101,727 | |||
| Grant and governance | costs | 1,124,817 | 17,723 | 1,142,540 | 1,349,077 | |
| We Can Be | 56,465 | 55,465 | 19,314 | |||
| 265,196 | 1,124,817 | 17,723 | 1,407,736 | 1,612,568 | ||
| Total 2021 | 263,491 | 1,331,304 | 17,773 | 1,612,568 |
| This Is Me+ | ||||||
|---|---|---|---|---|---|---|
| City Giving | Power of | Green | Total | Total | ||
| Day | Inclusion | Ribbon | We Can Be | funds | funds | |
| 2022 | 2022 | 2022 | 2022 | 2022 | 2021 | |
| 6 | 5 | 6 | 5 | |||
| Staff costs | 52,012 | 26,450 | 51,365 | 26,967 | 156,794 | 186,831 |
| Design costs | (24,234) | 40,589 | 3,780 | 20,135 | 28,250 | |
| Material costs | 8,661 | 203 | 154 | 184 | 9,202 | 3,550 |
| Event costs | 21,578 | 2,892 | 1,500 | 2,657 | 28,627 | 22,751 |
| Media costs | 4,692 | 3,299 | 1,600 | 9,591 | 6,933 | |
| Other | 117 | 9,707 | 9,746 | 21,277 | 40,847 | 15,176 |
| 62,826 | 39,252 | 106,653 | 56,465 | 265,196 | 263,491 | |
| Total 2021 | 66,488 | 75,962 | 101,727 | 19,314 | 263,491 |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| 6 | F | ||
| Audit | fees | 17,723 | 17,773 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| F | 6 | ||||
| Fees payable to the Charity's | auditor | in respect of: | |||
| Audit ofthe Charity's annual |
accounts | 14,383 | 12,360 | ||
| Audit ofthe subsidiary's | annual accounts | 2,500 | 5,413 | ||
| All non-audit services |
not included above |
840 |
| Group | Group | Charity | Charity | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| 6 | 6 | |||
| Wages and saladies | 411,498 | 418,809 | 411,498 | 418,809 |
| Social security costs | 46,132 | 43,826 | 46,132 | 43,826 |
| Other pension costs | 11,931 | 12,033 | 11,931 | 12,033 |
| 469,561 | 474,668 | 469,561 | 474,668 |
| CEO | |
|---|---|
| Office/Finance Manager |
|
| Events Manager | |
| Programme Project |
Manager |
| Programme/Appeal | Officers |
| Comms Manager |
| Group | Group |
|---|---|
| 2022 | 2021 |
| No. | No. |
| 10 |
| Group | Group | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| No. | No. | ||||||
| In | the | band | 690,001 | - | 6100,000 | 1 | 1 |
| Charity | |
|---|---|
| Cost or valuation | |
| At 1 December | 2021 |
| At 30 November | 2022 |
| Net book value | |
| At 30 November | 2022 |
| At 30 November | 2021 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||
| 6 | 5 | 5 | ||||
| Due within one year | ||||||
| Trade debtors | 38,825 | 23,741 | 31,645 | 8,671 | ||
| Other debtors | 936 | |||||
| Prepayments | and accrued income | 178,878 | 173,997 | 707,940 | 1,143,398 | |
| 218,639 | 197,738 | 739,585 | 1,152,069 | |||
| Creditors: Amounts | falling due within one year | |||||
| Group | Group | Charity | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |||
| 6 | ||||||
| Trade creditors | 62,926 | 48,975 | ||||
| Amounts owed to group undertakings |
387,602 | 634,121 | ||||
| Other taxation | and social security | 5,435 | ||||
| Accruals and | deferred | income | 57,635 | 123,407 | 51,328 | 115,481 |
| 120,561 | 128,842 | 487,905 | 749,602 |
| Statement offunds | - prior y | ear | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 30 | |||||
| 1 December | Transfers | November | ||||
| 2020 | Income | Expenditure | in/out | 2021 | ||
| 6 | 6 | F | 6 | |||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Working capital |
148,644 | 25,000 | 173,644 | |||
| General funds | ||||||
| General Funds | 640,485 | 2,715,694 | (2,309,181) | (25,000) | 1,021,998 | |
| Total Unrestricted | funds | 789,129 | 2,715,694 | (2,309,181) | 1,195,642 | |
| Restricted funds | ||||||
| Donations | 154,525 | (154,525) | ||||
| Total offunds | 789,129 | 2,870,219 | (2,463,708) | 1,195,642 |
| Summary | offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 30 | |||||
| December | Transfers | November | ||||
| 2021 | Income | Expenditure | in/out | 2022 | ||
| F | 6 | 6 | 6 | |||
| Designated | funds | 173,644 | 16,660 | 190,304 | ||
| General funds | 1,021,998 | 2,032,991 | (2,047,111) | (16,860) | 991,218 | |
| Restricted | funds | 121,784 | (121,784) | |||
| 1,195,642 | 2,154,775 | (2,168,895) | 1,181,522 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 30 | |||||
| 1 December | Transfers | November | ||||
| 2020 F |
Income | Expendituref | in/out E |
2021 6 |
||
| Designated | funds | 148,644 | 25,000 | 173,644 | ||
| General funds | 640,485 | 2,715,694 | (2,309,181) | (25,000) | 1,021,998 | |
| Restricted | funds | 154,525 | (154,525) | |||
| 789,129 | 2,870,219 | (2,463,706) | 1,195,642 |
| Analysis of net assets between funds - current year | ||
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2022 | 2022 | |
| Current assets | 1,302,083 | 1,302,083 |
| Creditors due within one year | (120,561) | (120,561) |
| Total | 1,181,522 | 1,181,522 |
| Analysis ofnet assets between funds - prior year | ||
| Unrestricted | Total | |
| funds | funds | |
| 2021 | 2021 | |
| F | ||
| Current assets | 1,324,484 | 1,324,484 |
| Creditors due within one year | (128,842) | (128,842) |
| Total | 1,195,642 | 1,195,642 |
| Group | Group | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||||
| 6 | |||||||||||||
| Net (expenditure)/income |
for the | year | (as | per | Statement | of Financial | |||||||
| Activities) | (14,120) | 406,513 | |||||||||||
| Adjustments | for: | ||||||||||||
| (Increase)/decrease | in debtors | (20,901) | 129,817 | ||||||||||
| Increase | in creditors | 14,570 | 38,662 | ||||||||||
| (Decrease) | in deferred | income | (22,851) | (436,961) | |||||||||
| Net cash | (used in)/provided | by operating | activities | (43,302) | 138,031 | ||||||||
| 20. | Analysis | of | cash and | cash | equivalents | ||||||||
| Group | Group | ||||||||||||
| 2022 | 2021 | ||||||||||||
| Cash in hand |
1,083,444 | 1,126,746 | |||||||||||
| 21. | Analysis | of | changes | in net | debt | ||||||||
| At 1 | At 30 | ||||||||||||
| December | November | ||||||||||||
| 2021 | Cash flows | 2022 | |||||||||||
| 6 | 6 | 6 | |||||||||||
| Cash at bank | and in hand | 1,126,746 | (43,302) | 1,083,444 | |||||||||
| 1,126,746 | (43,302) | 1,083,444 |
| Name | Company number |
Registered office or principal place ofbusiness |
Registered office or principal place ofbusiness |
Class of shares |
Holding | |
|---|---|---|---|---|---|---|
| Lord Mayor's Appeal Trading | 11692137 | The Mansion | House, London, | Ordinary | 100% | |
| Limited | EC4N 8BH | |||||
| Included | in | |||||
| consolidation | ||||||
| Yes |
| he financial results ofthe su |
bsidiary for the year |
were: | ||
|---|---|---|---|---|
| Name | Income | Expenditure | Net assets | |
| F | 6 | 6 | ||
| Lord Mayor's Appeal Trading | Limited | 868,015 | (868,015) | 1 |