## ## ## ## |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| ## ## ## ##