## ## ## |Charity number|Charity number|Charity number||1156008|| |---|---|---|---|---|---| |Company|registration||number|08812870|| |Principal|office and principal|||Broadgate Tower|| |place of|business|||20 Primrose Street|| |||||London|| |||||EC2A 2EW|| |Trustees||||Peter John Millican (Chair)|| |||||Anne Deborah|Millican| |||||Deborah Jude|| |Independent||examiner||Moore Kingston|Smith LLP| |||||6e Floor|| |||||9Appold Street|| |||||London|| |||||EC2A 2AP|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Total|Total| |---|---|---|---|---|---| |||||Unrestricted|Unrestricted| |||||Funds|Funds| |||||Year ended 31|Year ended 31| ||||Note|March 2022f|March 2021f| |Income from:|||||| |Donations
and legacies||||500,000|862,900| |Interest and|Investments|||28|146| |Total income||||500,028|863,046| |Expenditure
on:|||||| |Charitable
activities:|||||| |Support other|charitable|objectives to benefit the|||| |wider public|||2|(620,010)|(620,927)| |Total ex enditure||||620010|620927| |Net movement|in funds|||(119,982)|242,119| |Reconciliation|offunds||||| |Total deficit brou
ht forward||||677,936|920,055| |Total deficit carried forward||||797,918|677,936| ## ## ## ||||||Unrestricted|Unrestricted| |---|---|---|---|---|---|---| ||||||funds|funds| |||||Note|2022|2021| ||||||6|| |Current assets||||||| |Cash at bank|||||205,022|569,704| ||||||205,022|569,704| |Liabilities||||||| |Creditors
—amounts|||falling due within|4|(317,940)|(302,640)| |one
ear||||||| ||||||(317,840)|(302,640)| |Net current|(liabilities)l assets||||(112,918|267,064| |Creditors —amounts|||falling due in|||| |more than one||ear|||685,000)|(945,000)| |Net liabilities|||||797918|677,936| |The funds ofthe charity
Unrestricted
defiuit
funds|||||797918|677,936| |Total charity|(deficit) funds||||(797,918)|(677,936)| |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||||Note||| |Cash flows from operating||activities:|||||| |Cash generated
from|operations|||||(364,710)|230,389| |,N t
h(
di)/p|v|dbrn||ti|...8|(364,710)|230,389| |Cash flows from financing||activities:|||||| |Interest received||||||28|146| |Net cas~hrovtded
b
financin|||activities|||28|146| |(Decrease)/Increase|in cash|snd|cash||||| |equivalents
in the year||||||(364,682)|230,535| |Cash and cash equivalents||at the|start cfthe|||569,704|339,169| |year|||||||| |Cash and cash equivalents||at the end||ofthe|||| |year||||||205,022|569,704| |Relating to:|||||||| |Cash at bank||||||205,022|569,704| |Total cash and cash|equivalents|||||205,022|569,704| ## ## ## ## ## ## ## ## ## ## ## |No|tes to the financial statements
for|tes to the financial statements
for|the year ended 31 March 2022|| |---|---|---|---|---| |1.|Income|||| |Donations||and Legacies||| ||||Total|Total| ||||Unrestricted|Unrestricted| ||||Funds|Funds| ||||Year ended 31|Year ended 31| ||||INarch 2022f|March 2021
8| |Donations|||500,000|862,900| |Investment||Income||| ||||Total|Total| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||Funds|Funds| ||||Year ended 31|Year ended 31| ||||March 2022|Merc'h 2021| |||||E| |Bank|interest|receivable|28|146| ||||28|146| ## |||Tots I|Total| |---|---|---|---| |||Unrestricted|Unrestricted| |||Funds|Funds| |||Year ended 31|Year ended 31| |||March 2022|March 2021| |||5|8| |Governance|costs|7,525|3,927| |Donut&one||512355|617000| |||520 010|620.927| ## ## |Governanc|e
costs are|m|ade up as follows||| |---|---|---|---|---|---| |||||Total|Total| |||||Unrestricted|Unrestricted| |||||Funds|Funds| |||||Year ended 31|Year ended 31| |||||iNarch 2022|March 2021| |||||E|E| |Fees paid|to independent||examiner|2,940|2,640| |Legal and|professional|fees||4,685|1,287| |||||7,625|3,927| |Donations:|||||| |||||Total|Total| |||||Unrestricted|Unrestricted| |||||Funds|Funds| |||||Year ended 31|Year ended 31| |||||March 2022|March 2021| |||||E|E| |Amounts|paid to institutions:||||| |Creative|Arts|||582,795|611,000| |Other||||29890|6000| |||||612385|617,000| |Institutions:|||||| |Kings Place Music||Foundation||475,000|565,000| |Ruwenzori||||36,000|36,000| |Poverty|Relief Foundation|||24,000|| |Other||||77385|16,000| |||||812385|617000| ## ## ## ## |||||At 31 March|At 31 March| |---|---|---|---|---|---| |||||2022|2021| |||||E|| |Trade payables
Accruals and deferred
income
~AI
f
t pybl||||25,000
2,940
290 DOD
31794D|2,640
300,000
302640| ## |Creditors: amounts
falling due in more than o|ne year|| |---|---|---| ||At 31 March|At 31 March| ||2022|2021| ||E|| |Accruals for grants payable:
Due within 2 —5 ears|696OOO|945000| ||eee 000|945 000| ## |nalysis ofc|haritable
funds|||| |---|---|---|---|---| ||||At 31 March|At 31 March| ||||2022|2021| ||||E|F| |Unrestricted
As at 1"April
Unrestricted|funds
2021
funds movement||(677,936)
119982|(920,055)
242 119| |As at31"March 2022|||797918|677,936| |et movement|in funds, included|in the above are as follows:||| |||Incoming|Resources|Movement
in| |||Resources|Expended|funds| |||E||E| |Unrestricted|funds|||| |General
Fund||500,028|620,010|119,982| |Totalfunds||500,028|620010|119982| ## ## ## ## |2022||||| |---|---|---|---|---| ||||Unrestricted
funds|Total funds| ||||E|E| |Net current||(liabilities)|(112,918)|(112,916)| |Lon|term|liabilities|685,000|685,000| ||||797918|797,918| |2021||||| ||||Unrestricted
funds|Total funds| ||||E|E| |Net current||liabilities|267,064|267,064| |Lon|term|liabilities|945,000|945 000| ||||677936|677936| ## |inancial|instruments||||| |---|---|---|---|---|---| |||||31 March|31 March| |||||2022|2021| |||||E|F| |Carrying|amount offinancial||assets||| |Cash at bank||||208022|569,704| |Carrying|amount offinancial||liabilities||| |Measured|at amortised|cost||1,002940|1,247,640| |econciliation
ofnet mov|ement
in funds to net cash|from operating
activities|| |---|---|---|---| |||31March|31 March| |||2022|2021| |||E|E| |Net movement
in funds||(119,982)|242,119| |Deduct interest recewable||(28)|(146)| |Decrease
in creditors||244 700|11,584| |Net cash (used)l provided|by operating||| |activities||364710|230389| ## ## ## ## ## ## ##