||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report of the Trustees||2|to|5|
|independent
Examiner's|Report||||
|Statement
of Financial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||11|to|16|
|Detailed Statement
of Financial Activities|||17||
##
##
|TRUSTEES||SCS Beecham|SCS Beecham||
|---|---|---|---|---|
|||S Mandelbaum|||
|||R Cramer|||
|||LSStokes|(resigned|24/9/2021)|
|||B Frankfurt|||
|||MF Durham|||
|||VV Hariha|ran||
|||JJ Langley|(appointed|13/1/2022)|
|||SAshroff (appointed||31/03/2022)|
|REGISTERED|OFFICE|Pears Hub|||
|||Haskell House|||
|||152West|End Lane||
|||London|||
|||NW6 1SD|||
|REGISTERED|CHARITY|1156416|||
|NUMBER|||||
|INDEPENDENT|EXAMINER|McMillan
8 Co LLP|||
|||Chartered|Accountants||
|||28 Eaton Avenue|||
|||Matrix Office Park|||
|||Buckshaw|V!Ilage||
|||Chorley|||
|||Lancashire|||
|||PR7 7NA|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|for the ye|ar en|ded|31 August|2022||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||Unrestricted|Restricted|Total|Total|
||||||Notes|fund
E|fund|funds|fundsf|
|INCOME AND||ENDOWMENTS||FROM||||||
|Donations|and|legacies|||3|340,050|292,653|632,703|558,805|
|Charitable|activities|||||||||
|Education||||||74,800||74,800|37,550|
|Investment|income|||||122||122|15|
|Total||||||414,972|~292 653|707,625|596,370|
|EXPENDITURE||ON||||||||
|Charitable|activities||||6|||||
|Education||||||517,962|286,848|804,810|564,149|
|Other||||||2,774||~2774|1,890|
|Total||||||~520 736|~286 848|807,584|566,039|
|NET INCOME/(EXPENDITURE)||||||(105,764)|5,805|(99,959)|30,331|
|Transfers|between||funds||13|~14100|~14100|||
|Net movement||in funds||||(91,664)|(8,295)|(99,959)|30,331|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds|brought||forward|||373,775|29,600|403,375|373,044|
|TOTAL FUNDS||CARRIED FORWARD||||282,111|21,305|303,416|403,375|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||2||
|FIXEDASSETS||||||
|Tangible assets|10|337||337||
|CURRENTASSETS||||||
|Debtors|11|2,584||2,584|2,348|
|Cash at bank||~321760|~21 305|~343 065|~438733|
|||324,344|21,305|345,649|441,081|
|CREDITORS||||||
|Amounts
falling due within one year|12|(42,570)||(42,570)|(37,706)|
|NET CURRENT ASSETS||~281 774|~21 305|~303079|403375|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||282,111|21,305|303,416|403,375|
|NET ASSETS||~282 111|~21 305|~303416|~403 375|
|FUNDS||||||
|Unrestricted
funds||||282,111|373,775|
|Restricted funds||||~21305|29,600|
|TOTAI
FUNDS||||~303 416|403375|
##
##
|||Notes|2022
E|2021f|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|~95,285)|2,191|
|Net cash (used in)/provided|by operating|activities|~95285)|2,191|
|Cash flows from investing|activities||||
|Purchase
oftangible
fixed assets|||(505)||
|Interest received|||122|15|
|Net cash (used in)/provided|by investing|activities|~383)|15|
|Change
in cash and cash|equivalents||||
|in the reporting
period|||(95,668)|2,206|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||438,733|436,527|
|Cash and cash equivalents|at the end||||
|ofthe reporting
period|||343,065|438,733|
##
##
##
|RECONCILIATION
OF NET (EXPENDITURE
ACTIVITIES|)/INCOME
TO NET CAS|H FLOW FROM|OPERATING|
|---|---|---|---|
|||2022|2021f|
|Net (expenditure)/income
for the reporting|period (as per the|||
|Statement of Financial
Activities)||(99,959)|30,331|
|Ad)ustments
for.||||
|Depreciation
charges||168||
|Interest received||(122)|(15)|
|(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||(236)
~4864|1,941
~30,066)|
|Net cash (used in)/provided
by operations||~95,285)|2,191|
##
|ANALYSIS OF CHANGES
IN NET|FUNDS|||
|---|---|---|---|
||At 1/9/21f|Cash flowf|At 31/8/22
6|
|Net cash||||
|Cash at bank|438,733|$95,668)|~343065|
||~438 733|95668|343,065|
|Total|438,733|~95,668)|343,065|
##
##
##
##
##
##
##
##
##
##
##
##
|||||Restricted
6|Unrestricted
E|2022|2021
f|
|---|---|---|---|---|---|---|---|
|Anonymous
Donors|||||5,050|5,050||
|A Winton|||||10,000|10,000|7,670|
|BWinton|||||||120|
|Garfield Weston Foundation|||||25,000|25,000|15,000|
|Jack Petchey Foundation||||130,630||130,630|66,000|
|Jeffrey Craig|||||||100|
|John Stares|||||||5,000|
|Lansdowne
Partners|||||25,000|25,000|25,000|
|Michael
8 Betty Little Foundation|||||25,000|25,000|25,000|
|Nicholson
McBride|||||||250|
|Paypal
Foundation|||||||603|
|Standard
Life Aberdeen||||15,000||15,000||
|The Big Give Christmas|Campaign||||||13,101|
|The Buffini Chao Foundation||||22,120||22,120|31,600|
|The Drapers Charitable|Fund|||14,140||14,140||
|The Dulverton
Trust||||30,000||30,000|40,000|
|The Edward
Cadbury
Charitable|||Trust|3,000||3,000||
|The Lower Green Foundation|||||50,000|50,000|50,000|
|The Pears Family Charitable||Foundation|||200,000|200,000|200,050|
|The Rank Foundation||||39,363||39,363|69,045|
|Town Centre Securities||||20,000||20,000|(7,000)|
|William
A Cadbury
Charitable||Trust||13,000||13,000||
|Wixamtree
Trust||||5,400||5,400|6,200|
|||||292,653|349 D5D|632,7D3|547,739|
##
##
|for t|he year ended 31 August|he year ended 31 August|20|22|||||
|---|---|---|---|---|---|---|---|---|
|4.|INVESTMENT INCOME||||||||
|||||||2022||2021|
||||||||6||
||Deposit account interest||||||122|15|
|5.|INCOII/IE FROM CHARITABLE ACTIVITIES||||||||
|||||Activity||2022||2021f|
||Schools|||Education||~74|800|37,550|
|6.|CHARITABLE ACTIViTIES|||COSTS|||||
|||||||Grant|||
||||||Direct|funding|of||
||||||Costsf|activities||Totalsf|
||Education||||~620 810|~184|000|804,810|
|7.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||is|stated after charging/(crediting):|||||
|||||||2022||2021|
|||||||||6|
||Independent|examination||||1,200||1,134|
||Depreciation|-owned assets|||||168||
##
##
##
|STAFF COSTS|||
|---|---|---|
||2022f|2021
6|
|Wages and salaries|320,574|266,345|
|Social security costs|30,962|24,166|
|Other pension costs|16,024|13,476|
||367,560|303,987|
|2022|2021|
|---|---|
|9|7|
##
##
##
||The number
of employees|The number
of employees|The number
of employees|whose|employee|benefits|(excluding|employer|pension|costs) exceeded|
|---|---|---|---|---|---|---|---|---|---|---|
||f60,000was:||||||||||
||||||||||2022|2021|
||660,001 - 670,000||||||||1||
|10.|TANGIBLE FIXEDASSETS||||||||||
|||||||||||Computer|
|||||||||||equipment|
||COST||||||||||
||At 1 September 2021|||||||||2,484|
||Additions|||||||||505|
||At 31 August 2022|||||||||2,989|
||DEPRECIATION||||||||||
||At 1 September 2021|||||||||2,484|
||Charge for year|||||||||168|
||At 31 August 2022|||||||||2,652|
||NET BOOK VALUE||||||||||
||At 31August 2022|||||||||337|
||At 31 August 2021||||||||||
|11.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||||
||||||||||2022f|2021
6|
||Prepayments
and accrued|||income|||||2,584|2,348|
|12.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||||
||||||||||2022|2021|
||||||||||6|6|
||Trade creditors||||||||1,050|18,832|
||Social security and other||taxes||||||8,892|7,665|
||Accruals and deferred|income|||||||~32 628|11,209|
||||||||||~42 570|37,706|
##
##
##
|MOVEM|ENT|IN FUNDS||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers||
||||||||movement|between||
|||||||At 1/9/21
E|in funds|funds|At 31/8/22f|
|Unrestricted||funds||||||||
|General|fund|||||373,775|(105,764)|14,100|282,111|
|Restricted funds||||||||||
|Schools||||||29,600|5,805|(14,100)|21,305|
|TOTAL|FUNDS|||||403,375|~99,959)|-|~303416|
|Net movement||in funds,|included||in the|above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resourcesf|expendedf|in funds
E|
|Unrestricted||funds||||||||
|General|fund||||||414,972|(520,736)|(105,764)|
|Restricted funds||||||||||
|Schools|||||||292,653|(286,848)|5,805|
|TOTAL|FUNDS||||||~707 625|(807,584)|/99,959)|
|Comparatives||for movement||In|funds|||||
||||||||Net|Transfers||
||||||||movement|between||
|||||||At 1/9/20f|in fundsf|funds
6|At 31/8/21
f|
|Unrestricted||funds||||||||
|General|fund|||||328,444|(4,969)|50,300|373,775|
|Restricted funds||||||||||
|Schools||||||44,600|35,300|(50,300)|29,600|
|TOTAL|FUNDS|||||373,044|30,331||403,375|
##
##
|Compara|tive|net movement
in funds,
in|cluded
in the above are as follow|s:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resourcesf|expended
6|in funds
f|
|Unrestricted||funds||||
|General|fund||392,525|(397,494)|(4,969)|
|Restricted funds||||||
|Schools|||203,845|(168,545)|35,300|
|TOTAL|FUNDS||596,370|(566,039)|30,331|
##
##
##
##
##
|Detailed Statement ofFinancial Activities
for the year ended 31 August 2022|||
|---|---|---|
||2022f|2021f|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|632,703|547,739|
|Gift aid||2,480|
|CJRS grants||8,586|
||632,703|558,805|
|Investment
Income|||
|Deposit account interest|122||
|Charitable
activities|||
|Schools|~74 800|37,550|
|Total Incoming resources|707,625|596,370|
|EXPENDITURE|||
|Charitable
activities|||
|Salaries|320,574|266,345|
|Social security|30,962|24,166|
|Pensions|16,024|13,476|
|Programme
development|196,634|106,844|
|First Give awards|641||
|Office costs|55,807|66,318|
|Computer
equipment|168||
|Grants to institutions|~184000|87,000|
||804,810|564,149|
|Support costs|||
|Finance|||
|Bank charges|1,574|756|
|Governance
costs|||
|Independent
examination|1,200|1,134|
|Total resources expended|807,584|566,039|
|Net (expenditure)/income|~99,959)|30,331|