##
##
|||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|