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2021-07-31-accounts

Report ofthe Trustees Report ofthe Trustees 2-13
Consolidated Statement ofFinancial Activities 14
Consolidated Balance Sheet 15
Consolidated Statement ofCash Flow 16
Notes to the Consolidated Financial Statements 17-26
Independent Examiner's Report 27

Un- Restricted Total Total
Notes restricted Funds 2021 2020
Funds
f I
INCOME FROM
Grants and donations
Charitable
activities
Investments		 2
3		 2,522
330,885		 213,060 215,582
330,885		 449,557
203,108
Other Income 71842 71 842 40437
TOTAL 405,249 213,060 618,309 693 102
EXPENDITURE ON
Raising funds
Charitable
expenditure		 4
5		 550,381 191,217 741,598 14,998
761,433
TOTAL 550,381 191,217 741398 776,431
Net Income/(Expenditure) foi
the year (145,132) 21,843 (123,289) (83,329)
Transfers between funds
NET MOVEMENT IN FUNDS (145,132) 21,843 (123,289) (83,329)
Total Funds Brought Forward 185,599 26,085 211,684 295,013
Total Funds Carried Forward 49467 47 928 88 396 211684

2021 2020
6
Cash flows from operating activities:
Net cash provided by/(used in) operating activities (104,465) (63,122)
Cash flows from investing activities:
Dividends
and interest from investments
Purchase ofproperty,
plant and equipment		 (1,691) (6,452)
Proceeds from sale ofassets 1,353
Purchase of investments
Net cash provided
by/(used		 in) investing activities (338) (6,452)
Change
in cash and cash equivalents
period		 in the reporting (104,803) (69,574)
Cash and cash equivalents
reporting
period		 at the beginning ofthe 268,620 338,194
Cash and cash equivalents
period		 at the end of the reporting 163,817 268,620
Reconciliation of
activities		 net income/(expenditure) to net cash flow from operating
2021 2020
6 6
Net income/(expenditure)
for the reporting		 period (123,289) (83,329)
Depreciation
charges		 4,578 4,198
(Gains)/losses
on investments
Dividends
and interest
from investments
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors		 61,428
(47,182)		 (1,114)
17,123
(Increase)/decrease
in stock
Net cash pro videri'/Puserfin)
operating		 activities (104,465) (63,122)

~ Unrestricted Restricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
Swiss Philanthropy Foundation 166~764 166,764 I 218,789
The Shell Foundation 34,255 34i255 177,000
The joseph Rowntree
Golden Bottle Trust		 Charitable Trust 2,500 —,—,:,-I 37,500
, HMRC —JRS 12,041 12,041 I 16,231
Donations 22 22 37
2,522 213,060 I 215,582 449,557,
COhtPARA TIVE VOLUNTARY INCOMF
Unrestricted Restricted Total
Funds Funds Funds
2020 2020 2020
Swiss Philanthropy Foundation 218,789 218,789
, The Shell Foundation 177,000 177,000
,'The Joseph Rowntree Charitable Trust 37,500 37,500
HMRC —3RS 16,231 16,231
Donations 37 37
37,537 412,020 449,557

Unrestricted Unrestricted
and Total and Total
2021 2020
Corporate income 330885 204 108
330,885 204,108

ctivities for ge nerating
funds
The analysis of activities for generating funds for the year is as 2021
f		 2020
f
follows:
Core foundation funding 14998
14,998

-------2021------- -------2021------- -------2021------- ------ ------ 2020------- 2020-------
Direct Project Total Direct Project Total
Costs Support 2021 Costs Support 2020
f Costsf f f Costs
f		 f
Future-Fit
Benchmark		 7,545 7,545 161,244 161,244
Impact Valuation Project I
Impact Valuation Project II 36,909 36,909 328,506 328,506
FFand the UNGC
CjRS
Swiss Philanthropy		 15,886
12,041
118,836		 15,886
12,041
118,836		 34,114
16,231		 34,114
16,231
Project Support Costs 550 381 550,381 222,338 222 338
191217 550381 741598 540095 222 338 762433
cluded
in Project		 Support costs are legal fees off2,736(2020: f3,619).
2021 2020
Net Income/(Expenditure) is stated after charging E
Independent
examination		 fee 2,730 2 500

2021 2020
E
Wages and Salaries 542,653 566,785
Social Security Costs 60,431 52,837
Pension Costs 12071 10482
615,155 630,104
No No
The average number of employees during the year was: 13 12

xed Assets —Charity and Group
Equipment
Cost:
At 1s August 2020 20,127
Additions
Disposals		 1,691
~1680
At 31"July 2021 20,138
Depreciation:
At 1s August 2020		 10,846
Charge for the period
Charge on disposal		 4,578
~327
At 31s July 2021 15,097
Net BookValue:
31"July 2021 8 841
31"july 2020 9 281
estments
Charity Group Charity Group
2021 2021 2020 2020
E
Investment
in subsidiary		 (Note 15)

btors
Charity Group Charity Group
2021 2021 2020 2020
E E
Trade debtors 2,500 48,914 58,914
Other debtors 1,500 1,500 5,239 5,239
VAT 1,169 1,379
Inter-company balance 62,050 69,407
Prepayments 946 1 146 3800
65,665 6525 123,560 67953

reditors:
Amounts
falling due
within one year
Charity Group Charity Group
2021 2021 2020 2020
E E E E
Deferred income 27,682 66,267 87,932 107,183
Other Creditors 1,158 1,314 5,702 5,702
Taxation and Social Security 16,209 16,209 18,476 18,476
VAT 59 59
Accruals 1885 3 198 1750 2 750
46~934 86g988 113,919 134,170

Balance Incoming Resources Balance
1/B/20
6		 Resources
6		 Expended
6		 31/7/21
I
Future-Fit Business Benchmark 7,545 (7i545)
Impact Valuation Project II 2,654 34,255 (36,909)
FFand the UNGC 15,886 (15,886)
C3RS 12,041 (12,041)
Swiss Philanthropy Foundation 166,764 (118,836) 47,928
26,085 213,060 191,217 47,928
COMPARATIVE 2020 Balance Incoming Resources Balance
1/B/19
6		 Resources
6		 Expended
I		 31/7/20
f
Future-Fit Business Benchmark 168,789 (161,244) 7,545
Impact Valuation Project II 154,160 177,000 (328,506) 2,654
FFand the UNGC 50,000 (34,114) 15,886
C3RS 16,231 (16,231)
154,160 412,020 (540,095) 26,085

nrestricted funds
Net
Balance Outgoing Balance
1/B/20
f		 Resources 31/7/21
f
Charity General
Reserve
Subsidiary
General Reserve		 233,033
~47 434		 (102,807)
~42 325		 130,226
~89759
Consolidated General Reserve 185599 ~345 132 4D 467
COMPARATIVE 2020 Net
Balance Incoming Balance
1/B/19 Resources 31/7/20
f f
Charity General
Reserve
Subsidiary
General Reserve		 162,737
~23 884		 70,296
~25 55D		 233,033
~47434
Consolidated General Reserve 349 853 44 746 185599
nalysis of net assets between funds
Un-
Restricted Restricted Total
f f f
Tangible
Fixed Assets		 5,041 5,041
Net Current Assets 47 928 35426 83 354
47,928 40,467 88,395
COMPARATIVE 2020 Un-
Restricted Restricted Total
f f
Tangible
Fixed Assets		 9,281 9,281
Net Current Assets 26 D85 176318 202,403
26,085 185,599 211,684

2021
f		 2020
f
Turnover 71,816 40,437
Cost of Sales 105 681 59028
Gross (Loss)/Profit
Administrative
Expenses
Operating
(Loss)/Profit		 (42,325)
(33,865)
~8,460		 (25,550)
(18,591)
~6959
Interest
(Loss)/Profiit before Taxation (42,325) (25,550)
Gift Aid
Loss for the financial year ~42 325 ~25 550
Current assets 12,346 42 225
Liabilities ~202 104 ~89658
(89,758) (47,433)
Capital and Reserves
Called up share capital
Retained
earnings
Net Assets		 1
~89759
~89758		 1
~47,434
~47433
The following are the inter-company transactions
during the year and balances held at the year end.
Balance due to Future-Fit Foundation 62,050 69,407
Future-Fit
Foundation		 income entitlement during the year 105,681 58,028
25

Unrestricted Restricted Total
Funds Funds 2020
E E
INCOME FROM:
Grants and donations 37,537 412,020 449,557
Charitable
Activities		 203,108 203,108
Other income 40,437 40,437
Total Income 281,082 412,020 693,102
EXPENDITURE ON:
Raising
Funds		 14,998 14,998
Charitable
Activities		 221,338 540,095 761,433
Total Resources Expended 236,336 540,095 776,431
Net income/(expenditure) for the year 44,746 (128,075) (83,329)
Total funds brought forward 140,853 154,160 295,013
Total funds carried forward 185,599 26,085 211,684