| 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 | 17-28 |
| Trustees | M Barnett | ||||
|---|---|---|---|---|---|
| A Bloom | |||||
| R Kruskal | |||||
| Dr A Moshal | |||||
| Company | registered | ||||
| number | 08323156 | ||||
| Charity registered | |||||
| number | 1151993 | ||||
| Registered | office | 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 2SU | |||||
| Bankers | Barclays Bank | Pic | |||
| 1 Churchill Place |
|||||
| London | |||||
| E145HP |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| Note | F | 6 | f | ||
| Income fromi | |||||
| Donations and legacies |
4 | 7,702,667 | 7,702,667 | 3,292,525 | |
| Total income | 7,702,667 | 7,702,667 | 3,292,525 | ||
| Expenditure on: |
|||||
| Raising funds: | |||||
| Fundraising costs |
64,413 | 64,413 | 66,404 | ||
| Fundraising support costs |
52,168 | 52,168 | 57,240 | ||
| Charitable activities: |
|||||
| Grants made | 7,154,924 | 7,154,924 | 2,863,663 | ||
| Support costs | 208,668 | 208,668 | 228,961 | ||
| Total expenditure | 7,480,173 | 7,480,173 | 3,216,268 | ||
| Net movement in funds |
222,494 | 222,494 | 76,257 | ||
| Reconciliation offunds: |
|||||
| Total funds brought |
forward | 153,767 | 153,767 | 77,510 | |
| Net movement in funds |
222,494 | 222,494 | 76,257 | ||
| Total funds carried forward | 376,261 | 376,261 | 153,767 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | f | ||||||
| Current assets | |||||||
| Debtors Cash at bank and |
in hand | 11 | 301,408 89,830 |
83,386 88,663 |
|||
| 391,238 | 172,049 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | (14,977) | (18,282) | |||||
| Net current assets | 376,261 | 153,767 | |||||
| Total assets less current | liabilities | 376,261 | 153,767 | ||||
| Total nat assets | 376,261 | 153,767 | |||||
| Charhy funds | |||||||
| Unrestricted funds |
376,261 | 153,767 | |||||
| Total funds | 376,261 | 153,767 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | |||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 | DECEMBER 2022 | |||
| 2022 | 2021 | |||
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 1,167 | 17,277 | |
| Cash flows from investing | activities | |||
| Net cash provided by investing activities |
||||
| Cash flows from financing | activities | |||
| Net cash provided by financing acgvities |
||||
| Change In cash and cash equivalents in the year |
1,167 | 17,277 | ||
| Cash and cash equivalents | at the beginning ofthe year |
88,663 | 71,386 | |
| Cash and cash equivalents | at the end ofthe year | 89,830 | 88,663 | |
| The notes on pages 17to | 28 form part ofthese financial | statements |
| Un- | ||
|---|---|---|
| restricted | Total | Total |
| funds | funds | funds |
| 2022 | 2022 | 2021 |
| E | E | |
| 7,702,667 | 7,702,667 | 3,292,525 |
| 3,292,525 | 3,292,525 |
| NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | NOTES TO THE FINANCIAL STATEMENTS | ||||||
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER 2022 | ||||||||
| 5. | Fundraising | Costs | ||||||
| Unrestricted | Restricted | Total | ||||||
| Funds | Funds | Funds | ||||||
| 2022 | 2022 | 2022 | ||||||
| f | ||||||||
| Fundraising | Expenses | 66,412 | 66,412 | |||||
| Support costs | - Fundraising | 52,169 | 52,169 | |||||
| 118,581 | 118,581 | |||||||
| Su ort costs |
- Fundraisin | |||||||
| Advertising | 1,660 | 1,660 | ||||||
| Rent | 14,400 | 14,400 | ||||||
| Postage and Carriage | 361 | 361 | ||||||
| Telephone | and Fax | 250 | 250 | |||||
| Computer | and | Software | 2,132 | 2,132 | ||||
| Equipment | Hire | 429 | 429 | |||||
| Subscriptions | 183 | 183 | ||||||
| Insurance | 462 | 462 | ||||||
| Miscellaneous | Purchases | 904 | 904 | |||||
| Bank and Card Processing | Charges | 674 | 674 | |||||
| Wages and | salaries | 37,969 | 37,969 | |||||
| Employer's | Nl | 4,741 | 4,741 | |||||
| Audit Fees | 990 | 990 | ||||||
| Difference | on foreign exchange | (13,024) | (13,024) | |||||
| Professional | Fees | 38 | 38 | |||||
| 52,169 | 52,169 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| 2021 | 2021 | 2021 | ||||
| f | 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 | Carriage | 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 | ||||
| Depreciation | 439 | 439 | ||||
| Professional | fees | 999 | 999 | |||
| 57,240 | 57,240 |
| 6. | Charitable Activities |
Charitable Activities |
Charitable Activities |
||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| Funds | Funds | Funds | |||||
| 2022 | 2022 | 2022 | |||||
| f | f | f | |||||
| Grants payable | 7,154,924 | 7,154,924 | |||||
| Supportcosts | 208,668 | 208,668 | |||||
| 7,363,592 | 7,363,592 | ||||||
| Su ort costs |
- Charitable | activities | |||||
| Advertising | 6,639 | 6,639 | |||||
| Rent | 57,600 | 57,600 | |||||
| Subsistence | |||||||
| Postage and | Carriage | 1,446 | 1,446 | ||||
| Telephone and |
Fax | 997 | 997 | ||||
| Computer and |
Software | 8,526 | 8,526 | ||||
| Equipment Hire |
1,715 | 1,715 | |||||
| Cleaning | |||||||
| Subscriptions | 731 | 731 | |||||
| Insurance | 1,847 | 1,847 | |||||
| Miscellaneous | Purchases | 3,615 | 3,615 | ||||
| Bank and Card | Processing | Charges | 2,696 | 2,696 | |||
| Wages and salaries | 151,877 | 151,877 | |||||
| Employer's Nl |
18,965 | 18,965 | |||||
| Audit Fees | 3,960 | 3,960 | |||||
| Difference on | foreign exchange | (52,099) | (52,099) | ||||
| Professional | Fees | 153 | 153 | ||||
| 208,668 | 208,668 |
| Charitable Activities - continued |
Charitable Activities - continued |
Charitable Activities - continued |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | |||
| 8 | |||||
| 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 | |||
| Postage and Carriage | 555 | 555 | |||
| Telephone and |
Fax | 2,786 | 2,786 | ||
| Computer and |
Sofhvare | 9,846 | 9,846 | ||
| 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 |
| 2022f | 2021 | |||
|---|---|---|---|---|
| Fees payable to the charity's | auditor for the audit ofthe charity's | |||
| annual accounts | 4,740 | 4,500 | ||
| 8 | Staff costs | |||
| 2022 | 2021f | |||
| Wages and salaries | 189,846 | 173,596 | ||
| Social security costs | 23,706 | 23,651 | ||
| 213,552 | 197,247 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 8 | 7 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| Office | |
|---|---|
| equipment | |
| At 1 January 2022 | 31,946 |
| Disposals | (31,946) |
| At 31 December 2022 | |
| At 1 January 2022 | 31,946 |
| On disposals | (31,946) |
| At 31 December 2022 | |
| Net book value | |
| At 31 December 2022 | |
| At 31 December 2021 |
| 2022f | 2021f | |||
|---|---|---|---|---|
| Due within one | ear | |||
| Other debtors | 4,731 | |||
| Prepayments | and accrued income | 8,844 | 7,802 | |
| Tax recoverable | 292,564 | 70,853 | ||
| 301,408 | 83,386 |
| FOR THE YEAR ENDED 31 DECEMBE | FOR THE YEAR ENDED 31 DECEMBE | R 2022 | |||
|---|---|---|---|---|---|
| 12. | Creditors: Amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| 6 | |||||
| Trade creditors | 8,549 | ||||
| Other creditors | 3,121 | ||||
| Accruals and deferred | income | 11,856 | 9,733 | ||
| 14,977 | 18,282 |
| 13. | Reconciliation ofnet movement |
in funds to | net cash flow from operating | activities | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | F | ||||
| Net income for the year (as per | Statement | ofFinancial Activities) | 222,494 | 76,257 | |
| A~dt t f |
|||||
| Depreciation charges |
2,193 | ||||
| Increase in debtors |
(218,022) | (55,259) | |||
| Decrease in creditors |
(3,305) | (5,914) | |||
| Net cash rovided b o eratin |
activities | 1,167 | 17,277 | ||
| 14. | Analysis ofcash and cash equivalents |
||||
| 2022 | 2021 | ||||
| Cash in hand | 89,830 | 88,663 | |||
| Total cash and cash e uivalents | 89,830 | 88,663 |
| At 1 | At 31 | |||||||
|---|---|---|---|---|---|---|---|---|
| January | December | |||||||
| 2022 | Cash flows f |
2022 | ||||||
| Cash | at | bank | and | in | hand | 88,663 | 1,167 | 89,830 |
| 88,663 | 1,167 | 89,830 |