Charity Registration No. 1149424
THE PICKWELL FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2021
THE PICKWELL FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr R I Elliott Mr S P Baker Mrs S J Baker Mrs T J Elliott
Charity number 1149424 Principal address Pickwell Manor Georgeham Braunton Devon EX33 1LA
Independent examiner Mr J L Coombs MA (Cantab) FCA Simpkins Edwards LLP Michael House Castle Street Exeter Devon EX4 3LQ
THE PICKWELL FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 15 |
THE PICKWELL FOUNDATION
TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2021
The trustees present their annual report and financial statements for the year ended 5 April 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
Investment Policy and objectives
Income continues to be donated periodically by the trustees either individually or from their shared businesses, to meet the grants approved. The foundation is not endowed and accordingly there is currently no investment strategy.
Public Benefit
In planning our activities for the year, we kept in mind the Charity Commissions guidance on public benefit at our Trustee meetings.
The focus of our activities is to:
Partner with individuals and charities (particularly through the provision of funds) to:
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Prevent and relieve poverty in the UK and overseas
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Provide facilities in the interests of social welfare
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Promote the conservation, protection and improvement of the physical and natural environment
Achievements and performance
Covid Impact
The Foundation is reliant for much of its income on the shared business interests of the trustees as Directors at Pickwell Manor Ltd. Due to the Covid pandemic Pickwell Manor was closed for a significant proportion of this financial year with a significant impact on cash flow (March to July 2020 and January to April 2021). As a consequence the Foundation trustees took the following decisions:
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Grant payments scheduled by standing order were paused until there was greater financial stability
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Some single grant commitments were delayed or spread across a number of payments
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All delayed or re-scheduled payments were made by the end this financial year and no commitments were left outstanding
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No new grants were considered until existing commitments were met in the last quarter of the financial year.
Review of the year
Within the context of its charitable aims, the foundation has continued to direct it’s funding and support to organisations that are working with either displaced people or those addressing the climate crisis.
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THE PICKWELL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
1) Displaced People
In this financial year much of our support continued to be directed towards organisations working with refugees and asylum seekers both in the UK and overseas:
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International Alert – The second and final year of a grant to support their ‘Peace Through Play’ initiative in Lebanon, which provides therapeutic play sessions to support children who are suffering trauma from their experience as refugees from the Syrian war.
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Doctors of the World – The final year of a three-year unrestricted grant supporting their UK based programme to provide mobile and clinic based medical care, information and practical assistance to vulnerable people including asylum seekers and those of no fixed abode.
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Coram – The final year of a three-year grant supporting their ‘Better Chances for Unaccompanied Asylum Seeker Children Programme’. This focuses on early intervention work with children at risk of developing Post-Traumatic Stress Disorder.
Community Sponsorship
This has continued to be a fast growing area of our work. During this year we expanded our role as lead sponsors for the government’s community sponsorship scheme by setting up new groups in Ilfracombe and Taw, whilst also supporting a new group in Chulmleigh. The Ilfracombe group welcomed a family in March 2021, Taw in December 2021 and Chulmleigh in April 2021.
This builds on our experience supporting displaced refugee families to resettle in Georgeham and Barnstaple, and is part of a wider strategy to expand community Sponsorship across the villages and towns of North Devon and beyond. As part of this strategy we have also made the appointment of ‘Community Sponsorship Ambassador’ for one day a week, starting in January 2021.
There was public fundraising for each of these community sponsorship groups and groups have dedicated bank accounts in which their restricted funds are held.
Other Grants
Whilst our grants are increasingly being more narrowly focused on supporting organisations working specifically with refugees or asylum seekers, we continued to have a few grants for organisations that are working with individuals and groups that are at risk of displacement through a range of social, economic and other factors. Such grants this year included the second year of a three year grant to Synergy Theatre Projects ; the end of a three year grant to Redthread youth/health projects; and continued support for Encompass South West that is working with socially excluded groups in North Devon.
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THE PICKWELL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
2) The Climate Crisis
During this year we continued to support local, national and international efforts to respond to the climate crisis. This included a wide range of approaches including: legal, educational, policy development, movement building, advocacy and climate justice.
Legal
- ClientEarth – This is the second year of a three-year grant supporting this environmental charity with their climate accountability initiative. This is our largest grant to date.
Policy Development
- Peers for the Planet – We provided a grant towards the seed funding of this new initiative in the House of Lords. The focus is to convene, support and equip peers in the House of Lords to address the threats of climate change and biodiversity loss in their scrutiny of government legislation.
Advocacy / Campaigns
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Possible (formerly 10:10) – The final year of a 3 year grant to this climate campaigns charity – which includes campaigns on energy, food, nature and travel.
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Ashden – LessCO2 – A grant towards implementing their sustainable schools programme in a cluster of schools.
Natural Solutions
- WWF - The final year of a two-year grant to support a pilot project in South Wales to restore seagrass meadows. Their restoration in coastal waters could hold an important aspect to the UK meeting its carbon reduction targets.
Local environmental Support
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Plastic Free North Devon – We continued to provide restricted funding toward staff salary costs for their work educating and inspiring local residents, tourists and businesses to reduce their consumption of single use plastic.
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Croyde Triathlon– The final year sponsoring this local event as it has become single use plastic free and increasingly carbon conscious.
International Support
- Amigos – The final year of our three-year grant towards sustainable farming training in climate affected rural Uganda.
Environment focused Employee
Due to the limiting impact of Covid restrictions on their role the ‘Community Sustainability Development CoOrdinator’ was place on furlough for a significant part of the year.
In line with our shift in focus towards a national climate agenda and away from a hands on local environmental strategy, the decision was made to discontinue this post.
Financial review
The charity received income in the year totalling £218,400 (2020: £52,340). The funds held at the end of the period stood at £22,330 (2020: £12,934). Details of the grants made by the Foundation during the year can be found in n ote 7 to the financial statements.
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THE PICKWELL FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
Reserves
The Foundation draws down donations periodically from the trustee’s individual donations and business income, in order to meet its grant commitments. The trustees have considered that it has not been necessary to maintain significant fixed reserves in the Foundation bank account .
Structure, governance and management
Trust History
The Trust was created by deed of settlement of 18 April 2012.
The capital and income are held at the Trustee’s discretion for distribution to charitable purposes, charitable institutions or foundations.
Organisation
Proposals for distribution are considered by the Trustees at periodic intervals.
Funds generated by the Trust’s activities are available to make donations to any registered charity or individual that the Trustees consider appropriate.
The Charity’s principal sources of funds
Most of Foundation’s funds come from the proceeds of the shared businesses of the trustees. The Foundation does some limited public fundraising – though this is generally restricted fundraising for specific Community Sponsorship groups.
The Charities Organisational Structure and wider networks with which it works
The charity is managed and run by the four trustees. It is a member of the Environmental Funders Network (EFN). We are also member of the South West Community Sponsors forum.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr R I Elliott
Mr S P Baker Mrs S J Baker Mrs T J Elliott
The trustees' r eport was approved by the Board of Trustees.
Mr R I Elliott Trustee Dated: 4 February 2022
Mr S P Baker Trustee Dated:4 February 2022
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THE PICKWELL FOUNDATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PICKWELL FOUNDATION
I report to the trustees on my examination of the financial statements of The Pickwell Foundation (the charity) for the year ended 5 April 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Mr J L Coombs MA (Cantab) FCA
for and on behalf of Simpkins Edwards LLP
Michael House Castle Street Exeter Devon EX4 3LQ
Dated: 4 February 2022
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THE PICKWELL FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2021
| Unrestricted Restricted funds funds 2021 2021 Notes £ £ Income and endowments from: Donations and legacies 3 171,859 21,791 Investments 4 - - Other income 5 28,750 - Total income 200,609 21,791 Expenditure on: Charitable activities 6 198,694 10,310 Net income/(expenditure) for the year/ Net movement in funds 1,915 11,481 Fund balances at 6 April 2020 1,410 11,524 Fund balances at 5 April 2021 3,325 23,005 |
Total Total 2021 2020 £ £ 193,650 52,269 - 71 28,750 - 222,400 52,340 209,004 240,503 13,396 (188,163) 12,934 201,097 26,330 12,934 |
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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THE PICKWELL FOUNDATION
BALANCE SHEET
AS AT 5 APRIL 2021
| Notes Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Income funds Restricted funds 12 Unrestricted funds |
2021 £ 4,000 26,389 30,389 (4,059) |
£ 26,330 23,005 3,325 26,330 |
2020 £ 3,496 12,818 16,314 (3,380) |
£ 12,934 11,524 1,410 12,934 |
|---|---|---|---|---|
The financial statements were approved by the Trustees on 4 February 2022
Mr R I Elliott Mr S P Baker Trustee Trustee
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
1 Accounting policies
Charity information
The Pickwell Foundation is a public benefit entity and a registered charity in England & Wales and is unincorporated. The address of the principal office is Pickwell Manor, Georgeham, Braunton, North Devon, EX33 1LA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Investment income and tax recoverable are accounted for on a receivable basis, whilst interest is accounted for when received.
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
1 Accounting policies
(Continued)
1.5 Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. Grants are recognised when a payment is authorised.
Expenditure on charitable activities includes all costs incurred by the charity in undertaking activities that further its charitable aims for the benefit of it's beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
1.6 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
3 Donations and legacies
| Unrestricted Restricted Total funds funds 2021 2021 2021 £ £ £ Donations and gifts 168,814 21,791 190,605 Coronavirus Job Retention Scheme grant 3,045 - 3,045 171,859 21,791 193,650 For the year ended 5 April 2020 42,727 9,542 4 Investments Unrestricted funds 2021 £ Interest receivable - 5 Other income Unrestricted funds 2021 £ Gift aid 28,750 |
Total 2020 £ 52,042 227 52,269 52,269 Total 2020 £ 71 Total 2020 £ - |
|---|---|
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
6 Charitable activities
| Charitable | Charitable | ||
|---|---|---|---|
| Expenditure | Expenditure |
||
| 2021 | 2020 | ||
| £ | £ | ||
| Staff costs | 5,161 | 7,964 | |
| Accountancy | 3,282 | 2,304 | |
| Bank charges | 203 | 390 | |
| Event costs | (230) | 2,294 | |
| Subscriptions | 126 | - | |
| Travel | - | 2,424 | |
| Sundry | 436 | 1,547 | |
| Admin & advertising | 279 | 1,795 | |
| Entertaining | - | 50 | |
| BCSG expenses | 4,747 | 8,729 | |
| GCSG expenses | 385 | 191 | |
| CCW expenses | 166 | - | |
| ICW expenses | 4,012 | - | |
| Insurance | 521 | 404 | |
| 19,088 | 28,092 | ||
| Grant funding of activities (see note 7) | 189,916 | 212,411 | |
| 209,004 | 240,503 | ||
| Analysis by fund | |||
| Unrestricted funds | 198,694 | 231,583 | |
| Restricted funds | 10,310 | 8,920 | |
| 209,004 | 240,503 |
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
7 Grants payable
| Charitable | Charitable |
|
|---|---|---|
| Expenditure | Expenditure |
|
| 2021 | 2020 |
|
| £ | £ |
|
| Bridges for Communities (B:Friend) | - | 3,333 |
| Amos Trust | - | 8,000 |
| Freedom Projects and Centre (Barnstaple) | - | 2,750 |
| Redthread Youth Project (South London) | 4,000 | 11,000 |
| Encompass South West | 3,000 | 2,750 |
| Edukid | 1,750 | 2,750 |
| Grants under £500 | 416 | 560 |
| Client Earth | 30,000 | 25,000 |
| Doctors of the World | 30,000 | 10,000 |
| Synergy | 10,000 | 5,000 |
| Croyde Ocean Events | 5,000 | 13,000 |
| New Economy Organisers Network (NEON) | - | 10,000 |
| Plastic Free North Devon | 13,250 | 14,225 |
| Coram | 10,000 | 9,167 |
| PeaceDirect - Grant - Tomorrows Peacebuilders Awards | - | 10,000 |
| Earth Resources - Green New Deal Grant | - | 10,000 |
| Music Therapy Group - Offington Park Church | - | 1,000 |
| Greenbelt Festival | - | 16,676 |
| North Devon Biosphere | - | 2,000 |
| Nurdle Coasts CIC | - | 5,000 |
| Peoples Palace Project | - | 5,000 |
| Plough Arts Centre School's Programme for Refugee week | - | 1,200 |
| Protect Our Winters | - | 5,000 |
| Unitied Kingdom Student Climate Network (UKSCN) | - | 10,000 |
| World Wildlife Fund - Seagrass Programme | 15,000 | 15,000 |
| International Alert - Monthly Standing Order | 10,000 | 14,000 |
| Amigos | 20,000 | - |
| Ashden | 10,000 | - |
| Empathy Action | 4,000 | - |
| Peers for the Planet | 10,000 | - |
| Possible (10:10 Climate Action) | 12,500 | - |
| Mahmoud Alamary - NVQ Course Fees - Restricted | 1,000 | - |
| 189,916 | 212,411 |
The Charity has made grant commitments totalling £35,833 to fund charitable activities for periods of up to two years from the date of offer. All such grants include a requirement to provide an annual report by a specified period before subsequent funding is released. Such subsequent funding is not recognised as a liability in these financial statements due to this performance related condition. The commitments will be funded from reserves and future income.
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 Employees
Number of employees
The average monthly number of employees during the year was:
| 2021 | 2020 | ||
|---|---|---|---|
| Number | Number | ||
| Employees | 1 | 1 | |
| Employment costs | 2021 | 2020 | |
| £ | £ | ||
| Wages and salaries | 5,161 | 7,964 | |
| There were no employees whose annual remuneration was £60,000 or more. | |||
| 10 | Debtors | ||
| 2021 | 2020 | ||
| Amounts falling due within one year: | £ | £ | |
| Trade debtors | 4,000 | 3,269 | |
| Other debtors | - | 227 | |
| 4,000 | 3,496 | ||
| 11 | Creditors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Accruals and deferred income | 4,059 | 3,380 |
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
12 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds | Movement in funds | Movement in funds | Movement in funds | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Transfers | Balance at | |
| 6 April 2019 | resources | expended | 6 April 2020 | resources | expended | 5 April 2021 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | |
| Barnstaple Community Sponsorship Group | 3,519 | 9,042 | (8,729) | 3,832 | 1,498 | (4,747) | - | 583 |
| Georgeham Community Sponsorship Group | 7,383 | 500 | (191) | 7,692 | - | (1,385) | (5,000) | 1,307 |
| Ilfracombe Community Welcome | - | - | - | - | 6,341 | (4,012) | 5,000 | 7,329 |
| Chulmleigh Community Welcome | - | - | - | - | 12,868 | (166) | - | 12,702 |
| Taw Community Welcome | - | - | - | - | 1,084 | - | - | 1,084 |
| 10,902 | 9,542 | (8,920) | 11,524 | 21,791 | (10,310) | - | 23,005 |
Barnstaple Community Sponsorship Group
This is to provide support to families resettling in Barnstaple under the UK governments Community Sponsorship Scheme.
Georgeham Community Sponsorship Group
This is to provide support to families resettling in Georgeham under the UK governments Community Sponsorship Scheme.
Chulmleigh Community Welcome
This is to provide support to families resettling in Chulmleigh under the UK governments Community Sponsorship Scheme.
Ilfracombe Community Welcome
This is to provide support to families resettling in Ilfracombe under the UK governments Community Sponsorship Scheme.
Taw Community Welcome
This is to provide support to families resettling in the Taw Valley area under the UK governments Community Sponsorship Scheme.
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THE PICKWELL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021
| 13 Analysis of net assets between funds Unrestricted funds Restricted funds 2021 2021 £ £ Fund balances at 5 April 2021 are represented by: Current assets/ (liabilities) 3,325 23,005 3,325 23,005 |
TotalUnrestricted funds Restricted funds 2021 2020 2020 £ £ £ 26,330 1,410 11,524 26,330 1,410 11,524 |
Total 2020 £ 12,934 12,934 |
|---|---|---|
14 Related party transactions
Donations totalling £161,060 were received from related parties during the period. These comprised £132,500 received from Mr S Baker (a Trustee of the charity), £3,560 received from Mr R Elliott (a Trustee of the charity) and £25,000 received from Amped Investments Ltd (the shareholders of which are Mr S Baker, Mrs S Baker, Mr R Elliott and Mrs T Elliott, Trustees of the charity).
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