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2021-03-31-accounts

		Page
Charity information
Trustees' report		2-9
Independent auditor's	report	10-12
Statement offinancial	activities	13
Balance sheet		14
Statement ofcash flows		15
Notes to the financial	statements	16-25

Charity registration	Charity registration	number	1156305
Registered	address		6 StMartin's Place
			London WC2N 4HJ
Trustees			Jonathan Burdett
			Mark Devlin (appointed	21st January 2021)
			Victoria Fox (appointed	19th November	2020)
			Debbie Giwa
			Victoria Hill
			Helen Simpson
			Christopher Smith
			Frances Stratton
			Revd Dr Sam Wells
			Caroline Wiertz
			Julian Worricker
Director			Tim Bissett
Bankers			Coutts &Co
			440 Strand
			London WC2R OQS
Independent	auditor		Mazars LLP
			6 Sutton Plaza
			Sutton Court Road
			Sutton
			Suey SM1 4FS

	Unrestricted	Restricted	Total	Total
Notes	funds	funds	2021	2020
Income from:
Donations and legacies	4,811,298	673,043	5,484,341	4,580,828
Charitable activities		773,960	773,960	279,960
Investments
Bank interest received	1,392		1,392	7,906
Total Income	4,812,690	1,447,003	6,259,693	4,868,694
Expenditure on:
Raising Funds	504,628		504,628	505,527
Charitable activities	2,948,884	1,455,275	4,404,159	3,222,649
Total Expenditure	3,453,512	1,455,275	4,908,787	3,728, 176
Net movement in funds for the year	1,359,178	(8,272)	1,350,906	1,140,518
Reconciliation ofFunds
Total funds brought forward	3,111,843	317,315	3,429,158	2,288,640
Total funds carried forward	4,471,021	309,043	4,780,064	3,429,158

					2021		2020
			Notes
Fixed assets
Intangible assets
Current assets
Debtors			9	1,063,739		672,925
Cash at bank	and in	hand		4,530,021		3,783,127
				5,593,760		4,456,052
Creditors: Amounts		falling due
within one	year		10	(813,696)		(1,026,894)
Net current	assets				4,780,064		3,429,158
Net assets					4,780,064		3,429,158
Represented	by:
Unrestricted	funds		11		4,471,021		3,111,843
Restricted funds			12		309,043		317,315
					4,780,064		3,429,158

		2021	2020
Cash flows from operating	activities
Net income for the financial	year	1,350,906	1,140,518
Adjustments for:
Amortisation ofintangible	assets		5,328
Interest received		(1,392)	(7,906)
(Increase) in trade and other debtors		(390,814)	(187,070)
(Decrease)/increase in trade	and other creditors	(213,198)	12,868
Cash inflow from operations		745,502	963,738
Cash flows from investing	activities
Interest received		1,392	7,906
Net cash inflow from investing activities		1,392	7,906
Net increase in cash and cash equivalents		746,894	971,644
Cash and cash equivalents at start ofyear		3,783,127	2,811,483
Cash and cash equivalents	at the end ofthe year	4,530,021	3,783,127

Net income
			2021	2020
The net income for year is		stated after
charging:
Audit Fee			6,816	6,618
Amortisation	ofintangible	fixed assets		5,328
StaffPension	Costs		29,540	20,453

Donations	and L	egacies
			Unrestricted	Restricted	Total	Total
			funds	funds	2021	2020
Christmas	Appeal	donations	4,135,646	673,043	4,808,689	3,673,798
Legacies			675,652		675,652	907,030
			4,811,298	673,043	5,484,341	4,580,828

Incom	e from Charitable Activities
		Restricted	Restricted
		Total	Total
		2021	2020
Grants	received	773,960	279,960
		773,960	279,960

		Unrestricted	Unrestricted
		Total	Total
		2021	2020
Staffcosts		155,576	128,422
Advertising,	stationery,
postage and	bank charges	349,052	377,105
		504,628	505,527

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
Grants made to:
The Connection	at StMartin-in-the-Fields	800,000	100,000	900,000	1,000,000
Vicar's Relief Fund		1,627,060	1,277,335	2,904,395	1,783,484
		2,427,060	1,377,335	3,804,395	2,783,484
Support costs		521,824	77,940	599,764	439,165
		2,948,884	1,455,275	4,404,159	3,222,649

The staff costs are analysed as follows:
	Total	Total
	2021	2020
Wages and salaries	535,270	371,850
Social security costs	44,262	38,734
Pension costs	29,540	20,453
	609,072	431,037
	2021	2020
	Number	Number
f70,001 —f80,000

	Computer	Total
	Software	Assets
Cost
At 1 ApI11 2020	67,119	67,119
Additions
At 31March 2021	67,119	67,119
Depreciation
At 1 April 2020	67,119	67,119
Charge for the year
At 31March 2021	67,119	67,119
Net BookValue
At 31March 2021
At 31March 2020

9	Debtors
					Total	Total
					2021	2020
	Accrued gift	aid income			13,082	28,425
	Due from St	Martin-in-the-Fields	Limited		540
	Other debtors				1,050,117	644,500
					1,063,739	672,925
10	Creditors
					Total	Total
					2021	2020
	Accruals				13,696	13,498
	Grant to The	Connection			800,000	1,000,000
	Due to StMartin-in-the-Fields		Limited			13,396
					813,696	1,026,894
11	Unrestricted	funds
				General	Designated
				fund	fund	Total
	Balance at 1	April 2020		306,071	2,805,772	3,111,843
	Net income			40,000	1,319,178	1,359,178
	Fund balance	at 31March 2021		346,071	4,124,950	4,471,021

Restricted funds
	Balance				Balance
	B/Fwd	Income	Expenditure	Transfers	C/Fwd
The Oak Foundation	139,980	773,960	(777,940)		136,000
Vicar's Relief Fund	77,335	173,043	(77,335)		173,043
The Connection	100,000		(100,000)
Rausing Foundation		500,000	(500,000)
	317,315	1,447,003	(1,455,275)		309,043

		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
Cash	at bank and in hand	4,220,978	309,043	4,530,021	3,783,127
Other	net current assets/(liabilities)	250,043		250,043	(353,969)
		4,471,021	309,043	4,780,064	3,429,158

	Unrestricted	Restricted	Total
	funds	funds	2020
Income from:
Donations and legacies	4,403,493	177,335	4,580,828
Charitable activities		279,960	279,960
Investments
Bank interest received	7,906		7,906
Total Income	4,411,399	457,295	4,868,694
Expenditure on:
Raising Funds	505,527		505,527
Charitable activities	2,878,164	344,485	3,222,649
Total Expenditure	3,383,691	344,485	3,728,176
Net movement in funds for the year	1,027,728	112,810	1,140,518
Reconciliation ofFunds
Total funds brought forward	2,084,135	204,505	2,288,640
Total funds carried forward	3,111,843	317,315	3,249,158