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|||Page|
|---|---|---|
|Charity information|||
|Trustees'
report||2-11|
|Independent
auditor's|report|12-14|
|Statement offinancial|activities|15|
|Balance sheet||16|
|Statement ofcash flows||17|
|Notes to the financial|statements|18-27|
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|Charity registration|Charity registration|number|1156305||
|---|---|---|---|---|
|Registered|address||6 StMartin's
Place||
||||London WC2N 4HJ||
|Trustees|||Jonathan
Burdett||
||||Mark Devlin||
||||Victoria Fox||
||||Debbie Giwa||
||||Victoria Hill||
||||Helen Simpson||
||||Christopher
Smith|(resigned 21"October 2021)|
||||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||
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
|Notes|funds|funds|2022|2021|
|Income from:|||||
|Donations
and legacies|4,646,168|286,125|4,932,293|5,484,341|
|Charitable
activities||275,960|275,960|773,960|
|Investments|||||
|Bank interest received|617||617|1,392|
|Total Income|4,646,785|562,085|5,208,870|6,259,693|
|Expenditure
on:|||||
|Raising Funds|607,698||607,698|504,628|
|Charitable
activities|3,938,105|449,003|4,387,108|4,404,159|
|Total Expenditure|4,545,803|449,003|4,994,806|4,908,787|
|Net movement
in funds for the year|100,982|113,082|214,064|1,350,906|
|Reconciliation
ofFunds|||||
|Total funds brought
forward|4,471,021|309,043|4,780,064|3,429,158|
|Total funds carried forward|4,572,003|422,125|4,994,128|4,780,064|
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||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|
||||Notes||||||
|Fixed assets|||||||||
|Intangible
assets|||||||||
|Current
assets|||||||||
|Debtors|||9|766,254|||1,063.739||
|Cash at bank|and in|hand||5,062, I2l|||4,530,021||
|||||5,828,375|||5,593.760||
|Creditors:
Amounts
vvithin one year||falling due|10|(834,247)|||(813.696)||
|Net current|assets||||4,994,128|||4,780,064|
|Net assets|||||4,994,128|||4,780,064|
|Represented|by:||||||||
|Unrestricted|funds||11||4,572,003|||4,471,021|
|Restricted
funds|||12|||422,125||309,043|
||||||4,994,]28|||4,780.064|
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|||2022|2021|
|---|---|---|---|
|Cash flows from operating|activities|||
|Net income for the financial|year|214,064|1,350,906|
|Adjustments
for:||||
|Interest received||(617)|(1,392)|
|Decrease/(Increase)
in trade|and other debtors|297,485|(390,814)|
|Increase/(Decrease)
in trade|and other creditors|20,551|(213,198)|
|Cash inflow from operations||531,483|745,502|
|Cash flows from investing|activities|||
|Interest received||617|1,392|
|Net cash inflow from investing
activities||617|1,392|
|Net increase in cash and cash equivalents||532,100|746,894|
|Cash and cash equivalents
at start ofyear||4,530,021|3,783,127|
|Cash and cash equivalents|at the end ofthe year|5,062,121|4,530,021|
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|Net income|||
|---|---|---|
||2022|2021|
|The net income for year is stated after|||
|charging:|||
|Audit Fee|7,580|6,816|
|StaffPension Costs|31,666|29,540|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|Christmas|Appeal|donations|4,040,527|286,125|4,326,652|4,808,689|
|Legacies|||605,641||605,641|675,652|
||||4,646,168|286,125|4,932,293|5,484,341|
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|Income|from Charitable
Activities|||
|---|---|---|---|
|||Restricted|Restricted|
|||Total|Total|
|||2022|2021|
|&ants|received|275,960|773,960|
|||275,960|773,960|
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||Total|Total|
|||2022|2021|
|Staffcosts||163,525|155,576|
|Advertising,|stationery,|||
|postage and|bank charges|444,173|349,052|
|||607,698|504,628|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|Grants made to:||||||
|The Connection|at StMartin-in-the-Fields|800,000||800,000|900,000|
|Vicar's Relief Fund||2,431,815|373,043|2,804,858|2,904,395|
|||3,231,815|373,043|3,604,858|3,804,395|
|Support costs||706,290|75,960|782,250|599,764|
|||3,938,105|449,003|4,387,108|4,404,159|
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|The staff costs are analysed
as follows:|||
|---|---|---|
||Total|Total|
||2022|2021|
|Wages and salaries|643,684|535,270|
|Social security costs|57,283|44,262|
|Pension costs|31,666|29,540|
||732,633|609,072|
||2022|2021|
||Number|Number|
|f70,001 —f80,000|||
|f80,001 —f90,000|||
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||Computer|Total|
|---|---|---|
||Software|Assets|
|Cost|||
|At 1 ApI11 2021|67,119|67,119|
|Additions|||
|At 31March 2022|67,119|67,119|
|Depreciation|||
|At 1 April 2021|67,119|67,119|
|Charge for the year|||
|At 31March 2022|67,119|67,119|
|Net BookValue|||
|At 31March 2022|||
|At 31March 2021|||
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|9|Debtors||||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2022|2021|
||Accrued gift|aid income|||228,495|13,082|
||Due from St|Martin-in-the-Fields|Limited||2,910|540|
||Other debtors||||534,849|1,050,117|
||||||766,254|1,063,739|
|10|Creditors||||||
||||||Total|Total|
||||||2022|2021|
||Accruals and|deferred income|||34,247|13,696|
||Grant to The|Connection|||800,000|800,000|
||||||834,247|813,696|
|11|Unrestricted|funds|||||
|||||General|Designated||
|||||fund|fund|Total|
||Balance at 1|April 2021||346,071|4,124,950|4,471,021|
||Net income|||10,000|90,982|100,982|
||Fund balance|at 31March 2022||356,071|4,215,932|4,572,003|
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|Restricted funds||||||
|---|---|---|---|---|---|
||Balance||||Balance|
||B/Fwd|Income|Expenditure|Transfers|C/Fwd|
|The Oak Foundation|136,000|275,960|(275,960)||136,000|
|Vicar's Relief Fund|173,043|286,125|(173,043)||286,125|
||309,043|562,085|(449,003)||422,125|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|Cash|at bank and in hand|4,639,996|422,125|5,062,121|4,530,021|
|Other|net current (liabilities)/assets|(67,993)||(67,993)|250,043|
|||4,572,003|422,125|4,994,128|4,780,064|
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|2021|
|Income from:||||
|Donations
and legacies|4,811,298|673,043|5,484,341|
|Charitable
activities||773,960|773,960|
|Investments||||
|Bank interest received|1,392||1,392|
|Total Income|4,812,690|1,447,003|6,259,693|
|Expenditure
on:||||
|Raising Funds|504,628||504,628|
|Charitable
activities|2,948,884|1,455,275|4,404,159|
|Total Expenditure|3,453,512|1,455,275|4,908,787|
|Net movement
in funds for the year|1,359,178|(8,272)|1,350,906|
|Reconciliation
ofFunds||||
|Total funds brought
forward|3,111,843|317,315|3,429,158|
|Total funds carried forward|4,471,021|309,043|4,780,064|