| COMPANY SECRETARY | Andrew Bacon OBE |
|
|---|---|---|
| REGISTERED OFFICE | Enactus UK, 7Wadkins Way, Bushby, Leicestershire. | LE7 9NA |
| INDEPENDENT EXAMINER |
Azets, 1"Floor, Copthall House, 1New Road, Stourbridge, | |
| West Midlands. DY8 1PH |
||
| BANKERS | HSBC UK PLC | |
| SOLICITORS | Bates Wells, London | |
| WEBSITE | www. enactusuk. or | |
| COMPANY NAME |
Enactus UK |
|
| COMPANY NUMBER | 04358202 | |
| CHARITY NUMBER | 1155261 |
| Page | ||
|---|---|---|
| Independent examiner's report |
||
| Statement offinancial |
activities | |
| Balance sheet | ||
| Notes to the financial | statements |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| Notes | 8 | 8 | F | 8 | 6 | ||
| Income from: | |||||||
| Donations and legacies |
70,313 | 21,000 | 91,313 | 112,941 | 27,014 | 139,955 | |
| Charitable activities |
2,333 | 2,333 | 2,000 | 2,000 | |||
| Investments | 650 | 650 | 854 | 854 | |||
| Total income | 73,296 | 21,000 | 94,296 | 115,795 | 27,014 | 142,809 | |
| ~E* Cht |
|||||||
| Charitable activities |
6 | 52,494 | 5,000 | 57,494 | 44,824 | 27,014 | 71,838 |
| Net income for the year/ | |||||||
| Net movement in funds |
20,802 | 16,000 | 36,802 | 70,971 | 70,971 | ||
| Fund balances at 1 | |||||||
| January 2021 | 375,494 | 375,494 | 304,523 | 304,523 | |||
| Fund balances at 31 | |||||||
| December 2021 | 396,296 | 16,000 | 412,296 | 375,494 | 375,494 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | 8 | 8 | ||||
| Fixed assets | ||||||
| Investments | ||||||
| Current assets | ||||||
| Debtors | 12 | 19,125 | ||||
| Cash at bank and in | hand | 393,169 | 381,427 | |||
| 412,294 | 381,427 | |||||
| Creditors: amounts | falling dua within | |||||
| one year | (5,934) | |||||
| Net current assets | 412,295 | 375,493 | ||||
| Total assets less current liabilities | 412,296 | 375,494 | ||||
| Income funds | ||||||
| Restricted funds | 14 | 16,000 | ||||
| Unrestricted funds |
396,296 | 375,494 | ||||
| 412,296 | 375,494 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||
| 6 | 6 | 6 | 5 | ||||
| Donations | and giRs | 67,177 | 21,000 | 88,177 | 105,542 | 27,014 | 132,556 |
| Grants receivable | 3,136 | 3,136 | 7,399 | 7,399 | |||
| 70,313 | 21,000 | 91,313 | 112,941 | 27,014 | 139,955 |
| UnrestrictedUnrestricted | UnrestrictedUnrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Staff costs | 23,323 | 31,156 | ||||
| Enactus worldwide | fees | 24,662 | 25,235 | |||
| Travelling | and meetings | 29 | 945 | |||
| Programme | delivery | costs | 6,102 | 7,914 | ||
| 54,116 | 65,250 | |||||
| Grant funding ofactivities (see note 7) | 1,162 | |||||
| Share of | support costs (see note 8) | 253 | 2,252 | |||
| Share of | governance | costs (see note 8) | 3,125 | 3,174 | ||
| 57,494 | 71,838 | |||||
| Analysis | by fund | |||||
| Unrestricted | funds | 52,494 | 44,824 | |||
| Restricted | funds | 5,000 | 27,014 | |||
| 57,494 | 71,838 | |||||
| 7 | Grants payable | |||||
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Grants to | institutions: | |||||
| Other | 1,162 |
| Support | costs | ||||||
|---|---|---|---|---|---|---|---|
| Support Governance | 2021 | Support | Governance | 2020 | |||
| costs | costs | costs | costs | ||||
| 6 | 8 | 8 | 6 | 8 | |||
| Exchange | (gains)/losses | (69) | (69) | 212 | 212 | ||
| General admin costs |
240 | 240 | 1,961 | 1,961 | |||
| Bank charges | 82 | 82 | 79 | 79 | |||
| Accountancy | 3,125 | 3,125 | 3,174 | 3,174 | |||
| 253 | 3,125 | 3,378 | 2,252 | 3,174 | 5,426 | ||
| Analysed | between | ||||||
| Charitable | activities | 253 | 3,125 | 3,378 | 2,252 | 3,174 | 5,426 |
| 2021 | 2020 | |
|---|---|---|
| Number | Number | |
| Employment costs |
2021 | 2020 |
| 6 | 6 | |
| Wages and salaries | 20,750 | 28,250 |
| Social security costs | 1,950 | 2,058 |
| Other pension costs | 623 | 848 |
| 23,323 | 31,156 |
| 11 | Fixed asset investments |
|---|---|
| Cost or valuation | |
| At 1 January 2021 &31 December 2021 | |
| Carrying amount |
|
| At 31 December 2021 | |
| At 31 December 2020 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Other investments | comprise: | Notes | 6 | 6 | |||||
| Investments in |
subsidiaries | 18 | |||||||
| 12 | Debtors | ||||||||
| 2021 | 2020 | ||||||||
| Amounts | falling due | within | one year: | 6 | 6 | ||||
| Amounts | owed | by | subsidiary | undertakings | 19,125 | ||||
| 13 | Creditors: amounts | falling due within one year | |||||||
| 2021 | 2020 | ||||||||
| 6 | 6 | ||||||||
| Other taxation | and | social security | 760 | ||||||
| Other creditors | 214 | ||||||||
| Accruais | and deferred | income | 4,960 | ||||||
| 5,934 |
| Movement | in funds | Movement | in funds | ||||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Balance at | incoming | Resources | Balance at | ||
| resources | expended1 | January | 2021 | resources | expended | 31 December | |
| 2021f | |||||||
| D M Thomas Foundation | 2,954 | (2,954) | |||||
| SAP | 4,960 | (4,960) | 1,000 | 1,000 | |||
| Big Lottery Grant | 19,100 | (19,100) | |||||
| Schroders | 15,000 | 15,000 | |||||
| Badhur Foundation | 5,000 | (5,000) | |||||
| 27,014 | (27,014) | 21,000 | (5,000) | 16,000 |