| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe charity, | its Trustees and advisers | ||
| Trustees' report |
2-8 | |||
| Trustees' responsibilities statement |
||||
| Independent auditor's |
report on the financial statements | 10-13 | ||
| Statement offinancial | activities | 14 | ||
| Balance sheet | 15 | |||
| Statement ofcash flows | 16 | |||
| Notes to the financial | statements | 17-29 |
| Trustees | M Bamett | ||||
|---|---|---|---|---|---|
| A Bloom | |||||
| R Kruskal | |||||
| Dr A Moshal | |||||
| Company | registered | ||||
| number | 08323156 | ||||
| Charity registered | |||||
| number | 1151993 | ||||
| Registered | offics | 2nd Floor | |||
| Lyttleton House |
|||||
| London | |||||
| N2 OEF | |||||
| Chief executive officer | K Bodenstein | ||||
| Independent | auditor | RPG Crouch Chapman | LLP | ||
| Chartered Accountants |
|||||
| 14-16Dowgate | Hill | ||||
| London | |||||
| EC4R 2SLI | |||||
| Bankers | Barclays Bank Pic | ||||
| 1 Churchill Place |
|||||
| London | |||||
| E145HP |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| Note | E | f | |||
| Income from: | |||||
| Donations and legacies |
4 | 3,292,525 | 3,292,525 | 3,765,815 | |
| Total income | 3,292,525 | 3,292,525 | 3,765,815 | ||
| Expenditure on: |
|||||
| Raising funds: | |||||
| Fundraising costs |
66,404 | 66,404 | 51,299 | ||
| Fundraising support costs |
57,240 | 57,240 | 61,576 | ||
| Charitable activities: |
|||||
| Grants made | 2,863,663 | 2,863,663 | 3,401,289 | ||
| Support costs | 228,961 | 228,961 | 246,302 | ||
| Total expenditure | 3,216,268 | 3,216,268 | 3,760,466 | ||
| Net movement in funds |
76,257 | 76,257 | 5,349 | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 77,510 | 77,510 | 72,161 | |
| Net movement in funds |
76,257 | 76,257 | 5,349 | ||
| Total funds carried forward | 153,767 | 153,767 | 77,510 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | 2 | |||||||
| Fixed assets | ||||||||
| Tangible assets | 10 | 2,193 | ||||||
| 2,193 | ||||||||
| Current assets | ||||||||
| Debtors | 11 | 83,386 | 28,127 | |||||
| Cash at bank and | in hand | 88,663 | 71,385 | |||||
| 172,049 | 99,512 | |||||||
| Creditors: amounts |
falling due within | |||||||
| one year | 12 | (18,282i | (24,195) | |||||
| Net current assets | 153,767 | 75,317 | ||||||
| Total assets less current | liabilities | 153,767 | 77,510 | |||||
| Net assets excluding | pension asset | 153,767 | 77,510 | |||||
| Total net assets | 153,767 | 77.510 | ||||||
| Charity funds | ||||||||
| Restricted funds | 13 | |||||||
| Unrestricted funds |
13 | 153,767 | 77,510 | |||||
| Total funds | 153,767 | 77,510 |
| FOR T | HE | YE | AR ENDED 31 DECEMBER 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020f | |||||
| Cash flows from operating | activities | |||||
| Net cash used in operating |
activities | 17,277 | 28,307 | |||
| Cash flows from Investing | activities | |||||
| Purchase oftangible fixed |
assets | (2,192) | ||||
| Net cash provided by/(used |
in) Investing | activities | (2,192) | |||
| Cash flows from financing | activities | |||||
| Net cash provided by financing activities |
||||||
| Change in cash and cash equivalents |
in | the | year | 17,277 | 26,115 | |
| Cash and cash equivalents | at the beginning | ofthe year | 71,386 | 45,271 | ||
| Cash and cash equivalents | at the end | of | the | year | 88,663 | 71,386 |
| The notes on pages 17to | 29 form part | ofthese financial statements |
| Un- | ||||
|---|---|---|---|---|
| restricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2021 | 2021 | 2021 | 2020 | |
| F | E | |||
| Donations | 3,292,525 | 3,292,525 | 3,753,120 | |
| Grants | 12,695 | |||
| 3,292,525 | 3,292,525 | 3,765,815 | ||
| Total 2020 | 3,753,120 | 12,695 | 3,765,815 |
| Fundraising | Costs | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | ||||
| 2021 | 2021 | 2021 | ||||
| f | ||||||
| Fundraising | Expenses | 66,404 | 66,404 | |||
| Support costs - Fundraising | 57,240 | 57,240 | ||||
| 123,644 | 123,644 | |||||
| Su ort costs - Fundraisin |
||||||
| Advertising | 1,670 | 1,670 | ||||
| Rent | 8,640 | 8,640 | ||||
| Postage and | Carnage | 139 | 139 | |||
| Telephone | and Fax | 696 | 696 | |||
| Computer and Software |
2,461 | 2,461 | ||||
| Subscriptions | 135 | 135 | ||||
| Insurance | 428 | 428 | ||||
| Miscellaneous | Purchases | 736 | 736 | |||
| Bank and Card Processing | Charges | 608 | 608 | |||
| Wages and | salaries | 34,719 | 34,719 | |||
| Employer's | Nl | 4,730 | 4,730 | |||
| Audit Fees | 840 | 840 | ||||
| Difference on foreign exchange | ||||||
| Depreciation | 439 | 439 | ||||
| Professional | Fees | 999 | 999 | |||
| 57,240 | 57,240 |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | |||||
| 2020 | 2020 | 2020 | |||||
| f | |||||||
| Fundraising | Expenses | 51,299 | 51,299 | ||||
| Support costs - Fundraising | 59,037 | 2,539 | 61,576 | ||||
| 110,336 | 2,539 | 112,875 | |||||
| Su rt costs - Fundraisin |
|||||||
| Advertising | 476 | 476 | |||||
| Rent | 11,520 | 11,520 | |||||
| Subsistence | 277 | 277 | |||||
| Postage and | Carriage | 72 | 72 | ||||
| Telephone | and Fax | 205 | 205 | ||||
| Computer | and Software | 1,859 | 1,859 | ||||
| Equipment | Hire | 68 | 68 | ||||
| Cleaning | 151 | 151 | |||||
| Subscriptions | 205 | 205 | |||||
| Insurance | 124 | 124 | |||||
| Miscellaneous | Purchases | 920 | 920 | ||||
| Bank and Card Processing | Charges | 570 | 570 | ||||
| Wages and | salaries | 35,940 | 2,539 | 38,479 | |||
| Employer's | Nl | 4,442 | 4,442 | ||||
| Audit Fees | 840 | 840 | |||||
| Difference | on foreign exchange | 1,109 | 1,109 | ||||
| Professional | fees | 259 | 259 | ||||
| 59,037 | 2,539 | 61,576 |
| 6. | Charitable | Activities | Activities | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| Funds | Funds | Funds | |||||
| 2021 | 2021 | 2021 | |||||
| f | f | ||||||
| Grants payable | 2,863,663 | 2,863,663 | |||||
| Support costs | 228,961 | 228,961 | |||||
| 3,092,624 | 3,092,624 | ||||||
| Su ort costs |
- Charitable | activities | |||||
| Advertising | 6,679 | 6,679 | |||||
| Rent | 34,560 | 34,560 | |||||
| Subsistence | |||||||
| Postage and Carriage | 555 | 555 | |||||
| Telephone | and | Fax | 2,786 | 2,786 | |||
| Computer and |
Softvvare | 9,846 | 9,846 | ||||
| Equipment | Hire | ||||||
| Cleaning | |||||||
| Subscriptions | 542 | 542 | |||||
| Insurance | 1,711 | 1,711 | |||||
| Miscellaneous | Purchases | 2,943 | 2,943 | ||||
| Bank and Card | Processing | Charges | 2,431 | 2,431 | |||
| Wages and | salaries | 138,877 | 138,877 | ||||
| Employer's | Nl | 18,921 | 18,921 | ||||
| Audit Fees | 3,360 | 3,360 | |||||
| Depreciation | 1,754 | 1,754 | |||||
| Professional | Fees | 3,996 | 3,996 | ||||
| 228,961 | 228,961 |
| Charitable Activities - continued |
Charitable Activities - continued |
Charitable Activities - continued |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| 2020 | 2020 | 2020 | |||
| f | f | ||||
| Grants payable | 3,401,289 | 3,401,289 | |||
| Support costs | 236,146 | 10,156 | 246,302 | ||
| 3,637,435 | 10,156 | 3,647,591 | |||
| Su ort costs |
- Charitable | activities | |||
| Advertising | 1,905 | 1,905 | |||
| Rent | 46,080 | 46,080 | |||
| Subsistence | 1,106 | 1,106 | |||
| Postage and Carriage | 287 | 287 | |||
| Telephone and |
Fax | 819 | 819 | ||
| Computer and |
Software | 7,438 | 7,438 | ||
| Equipment Hire |
270 | 270 | |||
| Cleaning | 603 | 603 | |||
| Subscriptions | 822 | 822 | |||
| Insurance | 496 | 496 | |||
| Miscellaneous | Purchases | 3,683 | 3,683 | ||
| Bank and Card | Processing | Charges | 2,277 | 2,277 | |
| Wages and salaries | 143,758 | 10,156 | 153,914 | ||
| Employer's Nl |
17,769 | 17,769 | |||
| Audit Fees | 3,360 | 3,360 | |||
| Difference on foreign exchange | 4,435 | 4,435 | |||
| Professional Fees |
1,038 | 1,038 | |||
| 236,146 | 10,156 | 246,302 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| f | f | |||
| Fees payable to the charity's | auditor for the audit ofthe charity's | |||
| annual | accounts | 4,500 | 4,200 |
| 8. | Staffcosts | ||
|---|---|---|---|
| 2021 | 2020f | ||
| Wages and salaries | 173,596 | 192,393 | |
| Social security costs | 23,651 | 22,211 | |
| 197,247 | 214,604 |
| Trustees | ||
|---|---|---|
| Administration | and | Operations |
| 2021 | 2020 |
|---|---|
| No. | No. |
| 7 | 6 |
| NOTES TO THE FINANCIAL STATEMENTS | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER 2021 | ||||
| 10. | Tangible fixed assets | |||
| Office | ||||
| equipment | ||||
| Cost or valuation | ||||
| At 1 January 2021 | 31,946 | |||
| At 31 December | 2021 | 31,946 | ||
| ~o* 'Btqo | ||||
| At 1 January 2021 | 29,753 | |||
| Charge for the year | 2,193 | |||
| At 31 December | 2021 | 31,946 | ||
| Net book value | ||||
| At 31 December | 2021 | |||
| At 31 December | 2020 | 2,193 | ||
| 11. | Debtors | |||
| 2021 | 2020 | |||
| Due within one | ear | |||
| Other debtors | 4,731 | 80 | ||
| Prepayments and accrued income |
7,802 | 8,980 | ||
| Tax recoverable | 70,853 | 19,067 | ||
| 83,386 | 28,127 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | |||
| Trade creditors | 8,549 | ||
| Accruals and deferred | income | 9,733 | 24,195 |
| 18,282 | 24,195 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | December | |||||
| 2021 | Income | Expenditure | 2021 | |||
| E | F | E | 6 | |||
| Unrestricted | funds | |||||
| General | Fund | 77,510 | 3,292,525 | (3,216,268) | 153,767 |
| Stateme | nt o | ffunds - prior year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 31 | |||||
| 1 January | December | |||||
| 2020 | Income | Expenditure | 2020 | |||
| 6 | E | E | ||||
| Unrestricted | funds | |||||
| General | Fund | 72,161 | 3,753,120 | (3,747,771) | 77,510 | |
| Restricted funds | ||||||
| Furlough | Grant | 12,695 | (12,695) | |||
| Total of | funds | 72,161 | 3,765,815 | (3,760,466) | 77,510 |
| 14 | Analysis | of net assets | of net assets | of net assets | of net assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Analysis | of net assets | between | funds | —current year | ||||||||
| Un- | ||||||||||||
| restricted | Total | |||||||||||
| funds | funds | |||||||||||
| 2021f | 2021f | |||||||||||
| Current | assets | 172,049 | 172,049 | |||||||||
| Creditors due | within | one year | (18,282) | (18,282) | ||||||||
| Total | 153,767 | 153,767 | ||||||||||
| Analysis | of net | assets | between | funds | - prior year | |||||||
| Un- | ||||||||||||
| restricted | Total | |||||||||||
| funds | funds | |||||||||||
| 2020f | 2020f | |||||||||||
| Tangible | fixed | assets | 2,193 | 2,193 | ||||||||
| Current assets | 99,512 | 99,512 | ||||||||||
| Creditors | due within | one year | (24,195) | (24,195) | ||||||||
| Total | 77,510 | 77,510 | ||||||||||
| 15. | Reconciliation | of net | movement | in funds to | net cash flow from operating | activities | ||||||
| 2021 | 2020f | |||||||||||
| Net income for | the | year (as per | Statement | of Financial | Activities) | 76,257 | 5,349 | |||||
| A~dt *t f | ||||||||||||
| Depreciation charges |
2,193 | |||||||||||
| Decrease/(increase) | in debtors | (55,259) | 9,010 | |||||||||
| Increase/(decrease) | in | creditors | (5,914) | 13,948 | ||||||||
| Net cash | rovided | b | o eratin | activities | 17,277 | 28,307 |
| 2021f | 2020 | ||
|---|---|---|---|
| Cash | in hand | 88,663 | 71,386 |
| Total | cash and cash e uivalents | 88,663 | 71,386 |
| At 1 | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| January | December | |||||||
| 2021 f |
Cash flows f |
2021 | ||||||
| Cash | at | bank | and | in | hand | 71,385 | 17,278 | 88,663 |
| 71,385 | 17,278 | 88,663 |