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2021-03-31-accounts

Refere	nce and ad	nce and ad	nce and ad	ministrative	details
Chanty	number				1156008
Company		registration		number	08812870
Pnncipal		office and pnncipal			Broadgate	Tower
place of		business			20 Primrose	Street
					London
					EC2A 2Eyv
Trustees					Peter John	Millican	(Chair)
					Anne Deborah Millican
					Deborah Jude
Independent			examiner		RSM UK Tax &Accounting			Limited
					1 St James'	Gate
					Newcastle	upon Tyne
					NE1 4AD

				Total	Total
				Unrestricted	Unrestricted
				Funds	Funds
				Year ended 31	Year ended 31
			Note	March 2021f	March 2020 E
Income from:
Donations and legacies				862,900	612,100
Interest and	Investments			146	877
Total income				863,046	612,977
Expenditure on:
Charitable activities:
Support other	charitable	objectives to benefit the
wider public				620,927	880,802
Total ex enditure				620,927	880,802
Net movement	in funds			242,119	(267,825)
Reconciliation	offunds
Total deficit brou ht forward				920,055	652,230
Total deficit carried forward				677,936	920,055)

					Unrestricted	Unrestricted
					funds	funds
				Note	2021	2020
						F
Current assets
Cash at bank					569,704	339,169
					569,704	339,169
Liabilities
Creditors - amounts		falling due	within		302,640	194,224
one year
					302,640	194,224
Net current assets					267,064	144,945
Creditors —amounts		falling due	in
more than one year					(945,000)	(1,065,000)
Net liabilities					677,936)	920,055
The funds of	the charity
Unrestricted	deficit	Ifunds			677,936	920,055
Total charity	(deficit)l funds				(677,936)	(920,055)

				2021	2020
			Note
Cash flows from operating	activities:
Cash generated from operations				230,389	(338,389)
Net cash provided by/ (used in}		operations	8	230,389	(338,339)
Cash flows from financing	activities:
Interest received				146	877
Net cash provided by financing		activities		146	877
Increasel (Decrease) in cash and		cash
equivalents in the year				230,535	(337,512)
Cash and cash equivalents	at the	start ofthe		339,169	676,681
Cash and cash equivalents	at the end ofthe
year				569,704	339,169
Relating to:
Cash at bank				569,704	339,169
Total cash and cash equivalents				569,704	339,169

Donations	and Legacies
		Total	Total
		Unrestricted	Unrestricted
		Funds	Funds
		Year ended 31	Year ended 31
		March 2021	March 2020
		E	8
Donations		862,900	612,100
Investment	Income

			Total	Tota I
			Unrestricted	Unrestricted
			Funds	Funds
			Year ended 31	Year ended 31
			March 2021	March 2020
			8
Bank	interest	receivable	146	877
			146	877

		Total	Total
		Unrestricted	Unrestricted
		Funds	Funds
		Year ended 31	Year ended 31
		March 2021	March 2020
Governance	costs	3,927	11,467
Donations		617,000	869,335
		620,927	880,802

overnance costs	are m	ade up as follows.
			Total	Total
			Unrestricted	Unrestricted
			Funds	Funds
			Year ended 31	Year ended 31
			March 2021f	March 2020 5
Fees paid to RSM entities:
Accountancy	services		2,640	3,420
Legal and professional		fees	1,287	8,047
			3,927	11,467

onations.
		Total	Total
		Unrestricted	Unrestricted
		Funds	Funds
		Year ended 31	Year ended 31
		March 2021	March 2020
		E
Amounts	paid to institutions:
Creative	Arts	611,000	838,255
Other		6,000	31,080
		617,000	869,335
Institutions:
Kings Place Music Foundation		565,000	765,000
Ruwenzori		36,000	36,000
Poverty	Relief Foundation		1,080
Other		16,000	57,255
		617,000	869,335

		At 31 March	At 31 March
		2021	2020
			6
Trade payables			11,584
Accruals and deferred	income	2,640	2,640
Accruals for grants payable		300,000	180,000
		302,640	194,224

Creditors: amounts falling due in more than o	ne year
	At 31 March	At 31 March
	2021	2020
	6	F
Accruals for grants payable:
Due within 2 —5 ears	945,000	1,065,000
	945,000	1,065,000

nalysis ofc	haritable funds
		At 31 March	At 31 March
		2021	2020
		6	E
Unrestricted	funds
As at 1"April	2020	(920,055)	(652,230)
Unrestricted	funds movement	242,119	267,825
As at 31"March 2021		677,936	(920,055)

		Incoming	Resources	Movement in
		Resources	Expended 6	fundsf
Unrestricted	funds
General Fund		863,045	620,927	242,119
Total funds		863,046	620,927	242,119

2021
			Unrestricted funds	Total funds
			6
Net current		assets	267,064	267,064
Lon	term	liabilities	945,000	(945,000
			677,936	677,936
2020
			Unrestricted funds	Total funds
Net current		liabilities	144,945	144,945
Lon	term	liabilities	1,065,000	1,065,000
			920,055	920,055

inancial	instruments
			31 March	31 March
			2021	2020
				6
Carrying	amount offinancial	assets
Cash at bank			569,704	339,169
Carrying	amount offinancial	liabilities
Measured	at amortised cost		1,247,640	1,259,224

econciliation	of net	mov	ement in funds to net cash	from operating activities
				31 March	31 March
				2021f	2020f
Net movement	in funds			242,119	(267,825)
Deduct interest	receivable			(146)	(877)
Increase / (Decrease		in creditors		11,584	69,687)
Net cash (used)/provided			by operating
activities				230,389	338,389