Company registraiion number: 9017447 4rity registration nUmr. 1159320 TheGivingMachine (A ¢ompany limited by guarantee) Anfial Rert and Financial Sta¢ents for the Year Eled 31 Decembtt 2021 COMPANIES HOIISE 30SEptsI BELFAST Hopper & Co Chartered ACcowiWs & liegisiered AtsdilOIS 6 Doogh Road Bally¢lar¢ Co Antrim BT39 9BG *)BDMB3MZ' 3010912022 CCthIPANIES HOUSE JNI
158
TheGiYingMxhiae Relerence and AdmiDi5tralive Dttails Trwtees Mr M Ro8crs mrR0PPLl Ms C J Hann¢ll M5 R E WilliaTh50n Mr P M Bwimytyth Senior M•nAym¢Nt l i•dtrship MT R Morris CEO Team Cbrity Regi$trtt•n Numbtr 1159320 C¢fflpAy Rt8iMr•¢ion Nwmb¢r 9017447 Reg15teTed oifKe 14A Gv*y Pawk Bishop's Sionford Henfordshirc CM23 2HX In4eptndent Ex•winer Hopper & Co CIMn¢red Accowmants & Reg•ered Awjiiors 6 Do8 Road B11)111¢ Co Amrim BT39 9BG
TheGivin%Ma¢biD¢ Truslees. Report The 1rn51ees. w'ho are dired0 for ihe Pur$ of twrtpany low, pr¢s¢ni ihe annual report iowher Myth the rinartcial thicmcnis ol.thc clthrithble compHny (or ytar crthl 31 Dcctml%r 2021. Objedives aDd tliv•lies Objeets The clwiiy's objetlives areto tnable to be an irtlusiv¢ b¢100 ¢lK)i¢¢ eY¢ryort b$ othline io g¢n¢rdi¢ fr¢¢ donoiions for ihr UK b¢d rh)rible of their C1¢. PublAC btntfii To pro11¢ the rJTi¢icncy arKI clTeciivtness ofchaTiiie& for profA Of11581•05 voluNary orwi5aiion5 in panicular, noi exclusb¥'¢l¥', bv promoiinB charithbk givbn8 Ihrough gi%'inB 5¢rvices which apply iechnology aThl bchaviowol scienc4 wvidiii8 trainin& advice and suprA)rt 10 charhiles in use or communicaiion m¢dia wOEInK voluNeerin8 b). donors and PrOs1Ve thTr)r> io ¢hari¢ies for Iht public benefii. The In1¢¢5 ¢onfiTh ilm IW hve complied with the rtquirernents ofsert 17 ofthe Th8ri1ies Aci 2011 10 have duc wegard 10 the public berKfii 8uidartt pthlished bj, Ihe Clariiy CoftMni$on for En818nd and Waleg. Going tottttrn Ai lh¢ iimE of8PPToYin8 ih¢ aCCOUNS. the Tntsttc5 ha%'e a rusonabl¢ platIOn lh thc choriiy has adequate r¢sourcc5 to coniinuc in OFthiional exiAere for ihe fore5ceabk futwt. Thl the Tntsices coniinuc 10 adopi ihc going concern b&sis of accouniins in Pr21n$ Ihese firwKiBI stsiemeNs. The chariry, ha$ 8 ftei liobiliiies posiiion M ihe yvdr cnd bui Ihc rtmain o)nfKkni ihai 9JifKIl rcgjurces i%yJl be tbvailabk as debi rirMnEc 10 any sknnfall5. Tn1$ wd D(fJetrs Tht ivusitts rtd otTiccrs serYir¥ duru¥ Ihc ycar ald sinrc Ihc yev eTKi as folknw5: Truswes: Mr M Rogers MrRDPPwcdl Ms C J H•nnell Ms R E WilliamsoTh Mr P M Bw1¢Thfth S¢nK)T Mwz¢rncm l LcwJ¢rship tr R Morris Sirurtllrni g•v¢rnaet And min•8ellbtiit The Chariils 8OVtrning dUmcl 1$ ihE Mcmornnthxn w¥J Ani¢l¢s of As50ciSiom In ik ¢Y¢nl Df ih¢ ¢È>mpany Thulld Trusi¢¢s thr¢ rtquir¢d 10 ¢omribth¢ £1. ¢2
TheGivingMacbin¢ Tr$1$. R¢wJrt UrtdLY ibe re4u1rernts of Ihe Memorandum and Ani¢les of AtyjclalTr the I'njstrts of the Tharily aT¢ el¢¢ted lo scrye for a periodof up 10 threc l'ears after which ihev bc rtre1cci. Thc CharbN sccks io ¢Te lh Trns¢ces Miih a ranet oftxwience from uryihbn EyJsine5S Profcssion serve on the Board. ln the CYEni of particular sknlls dnd oxprriente llIg losi dut 10 f]reMcn1, individuals ar¢ approachcd io offer themselves fot tledion io the (kn. Tw$i¢u ¢ah s¢ry¢ up 10 3 tern of 3 years atltr wthith Iky M05E Tru51e¢$ arc fllTrdliar with th¢ role oftlK ¢hariry Ihrough Iheir Tnsittship ofik crI1>.. N¢w Tru5t¢¢5 arc PTovided rcki'ani infornaiion and are brbefed on ihebr k8al obliwions TespoDsibiliiie5 aJ TnJc5 of chari Thr Chty is mano8ed and dirtticd by its Tn<r$. Ontc Trus(LYs e Elcrlcd. krvt for LW 10 a icnm of3 ye4ws ond mtti ai Icasi four iim¢s a S1. TftLSltes can servc up 10 J IcmJ$ of 3 years afier which slatxl RiJk Al017geRl Th¢ Charity h¥ a risk Mrai¢gy plary vthirh ¢owi5¢5 rn'i¢w of th¢ mgj41r risks 10 which Ihc charity is cKp)sed. in panicLdar tknse relaied io operaiions and [inareS ofthc mpan?.? and ihc C51ablishrnrnl of 5)stcm5 pro¢cdurcs 10 miiiwc th05c risks Th¢ Tn1$ aT¢ $Isfi are in pl2ce rniiigait ex5¢ thc major ri$k5. A kw. ¢kmcni ihc managcmEni of finala1 Ti5k is the selling of a reservc5 wklic). and its regular rei'icw by Wte5 FinAnc•#l inslruments Objertiv 4wdpoliti Tk chwiiT/s a¢iiviliu exFw¢ il 10 ¥ of fiTwKiJI risks irt111 ¢r¢dil risk, ¢ash lknw risk ond liquidiiy Coshflow rif* Inicresi bcarin8 a55<ts liabilities are htld a fixed raks io enswt cenaimy ofcash flo. ch2rit) s ptihcipkl assos art bat& ¢&th. The crcdil risk on liqd fthid5 is limLkd TrKcaus¢ the WjNel¢S art banks wilh hi8h credii-rdling5 &%Si8nEd b). iniernaiional crtdii-raiin8 agerles. The thariiy h&$ M si8n1fanl corwtr•iiott of credii e4h)surt spread oyet a 1¥8c number of ICTpartics (Orner%
TheGh,IngMachine Trngiees, Rtport LJqMidifj' ris In order io mntsin liquidiiy 10 er&LW¢ ihai suificicrn fd5 are ayailablc for onÉoing opera¢ions ond fuiw¢ d¢velopn¢Ns, lh¢ thariiy ws a mixiU ofknw4erni and slM-ienn debi flnanct. Funh¢f d¢iails rewding liquidil>' risk ¢An kn¢ in the Sthteme)i of Accouming Poli¢ics in finanrial Mai¢meJMS. Ftsnds held $ ¢ustodiD trnsttt •• behalf •t•tbeTS In¢lud¢d wiihin ¢uts¢N assw •¥J ¢t¢ditors ¥e anM)wMs r1¥1 io b¢n¢ficiary a]loclOn5 held b). the Chariiy. These ants)unis b¢¢n rinfer bj. tht InS rw. be paid in line with Ihe Ch[$ policy on clwimbk pa>rn¢Ms. SttethtDt of Ttr•stets' Resyjnsibilities The InJSiccs Iwlx) art •Jso th¢ dirctth ofTkGivingMhin¢ foi the pe5 ofcompany law} w¢ rcsponsible for prtparinB lh¢ Inmtts. repon firmncial 5thtem¢nts in actordarft iviih ihe Uniied Kingdom Accoumin8 Siandards OJniied Kingdom CKwdlly A¢ttpi¢d A¢eounling Ptaaic¢) and applicablc law and rryulaiion5. The r¢pon haye been wepared in accorda¢ 7th Ihc Provisions in ihe Companies A¢1 2006 Tela¢inz io small cofflwies. Compan). laii. requirts ihe Injmees io prew¢ finan¢ial si•¢meftES for fin¢741 )tar. Under wmpany laiv Ihc irnsie¢s approvc th¢ rtrwKTr8151M¢ryKnts unless they are salisfied ihal Ihcy 8lVt s and fair vic. of (hc stsie of affairs of Ihe rhuiiable ¢ompw thj of 11$ im¢oming r¢sow¢es applilOn of rc50urcc5, including >is incomc arbj ¢xpeThliiurc. for pyrityj. In preparing ihÈ%¢ fuAncial sthicments. the trusitts are required 10-. sekffl suithble accoting policies aTrl wl¥' them co)1#¢11. obs¢ri ihe methods prirK4¥le$ in ih¢ Ch¥ili¢S SORP: mok¢ jUdgerner asKi ¢SEirTwt¢$ Ihai ar¢ ond pnthrjl.. sthi¢ iiheiher 4wlitabk UK A¢eguTht1 have bce4) folkMYd. subj1 io any miierTral departures diyKlosed expjaincd in thc finarti81 sthtcmtslls". and ¢pt Ihe ritmlS1 stQEemtni$ on the loin8 concern b35is li is iryprnw1e pr¢swhe th81 ihe ch¥iiabl¢ company iiill ¢oniinue ih bus1rS In1¢¢3 are reynsbbk for ke¢pin8 9we tni[B rttoT& sufficieN 10 show w)d ex91 ihc IwriLabl¢ Eompany's trdnwciims atMJ disclose with reasonable accJJrao' ai anv tirnc ihc finm¢ial F4)silion ofihe ¢baritsbl¢ ¢ompany and ¢nable ¢hem io en5we Ihai the firty3rK1 al¢Men15 comply wilh the Compafiit$ Aci 2006. The). Hrc also TCSPOtLsibk for saft8uatdin8 iht 0SStts of the dwiiablc company and for takiftB reasonabl¢ $i¢ps fw lh¢ w¢v¢ntlOD aDd deaion orr10 •r¥J other wrc8uIAriii¢ Small eomp•Dies provisi•n statemeif This r¢w1 has been pr¢ptrt4 in wirdanct Iht SMDII Compani¢ 81m¢ vnder the Compan$ Ad 2(. Tht rtp)n 14x5 apjxovcd by tht Inets oCthE charli> on 26 July 2022 aThJ si8d OA iis behalf b .. P88e 4
TheGiviDtMa¢hime IndepeDdetht Examither's Report to the Irusiees of T1cIVigmCknitt ("th Compaoy") I r¢pon io d%i¢)' +)n my exkniinaiion of the ¢¢ounts of the Cornpan>' for the y¢Ar thjcd JI DeMb 2021. RtJpoNsibililits and bA5is of rnport As ihe chariiy's irwitts of Iht Crrfnpory (and also its dirtthOTS S)T tht purrA)sts of ojw). la¥'l >'ou are respo•ble for th¢ weparwion ofthe a¢cowus in with the requirunents oftht Compani¢5 Act 2)6 {'Ihe 2006 A.). Haying 5ali5fKd rn1[ Ihai the ofTh¢GiYinBMxhirt OT¢ rx requirrd io b¢ avdii¢d wwyrr Part 16 or Ihc 21K)6 aThJ ¢ligibk for 3m1nd110ry I report in rry¢a of my ¢xaminaiion of yo ¢hariiy's a15 as scdion 145 of ts Charili¢5 A£t 2011 I'lk 2011 Ath,). ID C?vrying Dul my cxuminaiion I hov¢ follord thc Direthi0 given by thc Ctharii> ComMissn u¥kr s¢(tion 145(5Xbl of Thc 2011 Aci. Sincc the C¢hmpany's 8ross income extecdtd £250.OtKI your examinet be a member of a b)dy limed in setlion 145 oftht 2011 Ati. I tonfirm l am qualified EO uThJerthkc tht examin10 beSe l am b member of Ch¥kTed AcCoLMhi8th lrtl•n4 whi¢h isfjrt ofthc liatd I have compleied my Cxamin10n. I ronfirni that nts mattLTS hyc comc m). attcniitin in with tht exwninaiion giving me ¢aus¢ io beli¢ve-. . AccountinK rA)i kepi in respea of T1vIlaCh1nt seaion 386 ofiht 2(A)6 Aci- or Z. Ihe fcoS do Mi accord wilh tsse rccoftl&" 4)r 3. Iht accounts do Compli, wilh iht accouMin8 rtgUirtmtS ofscLion 396 of tht Aa other iha any r¢quirem¢ni thai th¢ 8i%'e a and fail thI£h is rKJi a mailer tonsideroj as part oran indepeThJem examinaiion: or 4. Ihe accoums have Mi been weptred in accordanct with the mdhrts and pritKiplcs of the &aiemcnt of Recommended P1¢t for WA)rti by th¥ities lapplicable io chariiies preparing iheir a¢¢oLIIIts in a¢¢ordahc¢ wilh tk R¢portin8 Standtrd •ppliuble ih UK aNI Republie of Irel¥Thl (FRS 102)1. I hai'e concerns aThJ kLI'e come across K oiher mlerS in cormertion the c¥ambnllh)n io iithich iitertlion should bc tho in ihis fCtAYi in order 10 cmble a wbJerstsThJin8 ofihc xcount$ 10 rtthd. S Hopp¢r Chanercd Acix>wiiants & R¢BiSCTpJ Awlitors Chartered AccouThtants lielaTrd 6 Do&&h Road B4llycJ¢ Co AnTrim BT39 9BG 27 July 2022 Pa8e 5
TheGivin8MachiDe Sisttment of Finanei•l Afifvldes for the Year Ended 31 December 2021 (ID¢ludiDg Ineome and Expenditun A¢¢ount afjd Stal¢meot of Tol*l Recognised Ggins attd Lwes) T•t¥l 2021 f••ds Noie Donaii(xu and le8acies ch8rii&bk aciii'ili Inv¢Mrn¢fti in¢off¢ 31.970 236,276 31,970 236,276 Totsl income 268.290 268,2A) Ch¥itsbk li1,111t$ 1288.765) 1288.7651 Tothl exFndiiure 288.765 288.765 cxpeThliiu W}vemen1 in funds (20.475) 20,4751 (20,475) (20.473) R¢¢on¢lll#tltyD of fu•di Tothl fwK15 bro (of 470.09 470.095 Tothl furKts forw)rd 490.S?O Tol¥l 2010 Uarestri¢¢ed funds Income and frnm: Lh)naiions und legaci¢s ChariiJbl¢ Jaii'iii¢s Inv¢$thfil ineame thher in¢on 35,403 248,510 152 35.403 248.310 152 Totsl incomc 284.069 284.069 EApeNdil¥re OTr: Charitsblt 1vIlIt$ 299.J37 299,337 Tothl extthlii Na expcThliiur¢ 299 299.337 15.26 115.2681 Nffl mvemem in fun (13.268) (15.261) R¢¢on¢llixth)n of ftyods Tolal fwK15 bThJy8hi fon4wI (454.827 454,827 Toi•l ¢wioJ 18 (470.0951 1470.095 All ofihe charity's aciii'iiits derive from ¢oMinuin8 opeNi0% dwing the PEtiods for 2020 k% in Jw¢ 18. The pages l 10 18 fomj an ini¢y81 pan of $t fiTha MaiCTrn Page 6
Thecivingmathine {RegisiratioD number: 9017447) B]net Shttl as 8131 December 2021 2(121 Nole Flxed #ssts Inthngiblc Tthgiblc assc15 12 13 39,025 5.886 52,031 23,993 44.911 76,024 Cyrr¢DI ¥ss¢ts Debr$ Cash ai bank and ih hand 14 3.200 43.225 410 46.425 52.961 Cr¢4itOT5: Amoynts fallimi wi¢h•• •nt ye¥r 16 {47.759) (53,616) N¢t rrt lilbiti5 11,334 (655) To¢•1 a55¢ts1¢s5 <TreI li•bililits 43,577 73,369 Credllors.. ArAounts fillifyg dut afvtr morn oAt yer Net li•bilities 17 1534.147 1545,464 49),570 470,095 F¥nd¥ olihe ¢harity: UTrrtSirfet income fads Unrcsiriffled fijnds 490,570 470,095 Toil fundi 1490,570 1410,095 or Ihc financial year ¢rnlit4 31 1)¢¢¢mber 2021 the charity Wds enliiled io exemmion from audhi under kciion 477 of the Compwwes A¢1 2(rfb6 reloiing small ¢ompathiu. Direciors. 5511111I¢s. Th¢ mmbvr$ hay¢ l¢qui rkwiiv w obtsin of ity accoums for iht %'ear in w¢Mion in arcordancc wilh SrfliDn 476- HDd The dir¢rWrs k>kd9¢ Ih¢ir rtsponsibi7ilies for ¢omplvin8 i%ryih the reguirenxNs ol'tsk wilh resr 10 ¥rouNing r¢cords and the of¥¢owis. Th¢s¢ linan¢ial sialemen hi'e t¢¢n wcpved bn x¢ordwe sp¢¢ial pro14sions r¢laiin8 th ¢ompani¢s subject io Ihc 5rnall companie5 re8ime lIhin Pan IS ofihe Companies Att 2006. The fIn¢101 sthm¢rts on pges 6 10 18 w¢r¢ 4PFwvJ by i 2022 aJ)d 5igncd on I11 bchaifby: In¢¢5, for iw on 26 July The on pa8u 8 10 18 form an bnic8rn1 pan of finllncial 51aicmeni&
TheGivingMathine No¢e$ ¢0 Ihe Fioan¢i¥l Ststtments for tht Year Ended 31 Dteember 2021 I Charity stsIS The charii) is limiied by 8uararnce. incolrrfa1cd in England. and conseqnI1) does not hai'e $knre ¢apiLII. Each of Ihe Iruytes 1$ libble to Coniiibuie amouni exceding £1 iowards thr •ssds of the ¢lwiis ith ihe ei'eni of IRquidaiiDn. addre of its rryiy¢r¢d oiftt 1$: 14A Gr4n¥¢ Park BislK>P'S Siortford Hcrtfordshire CM23 2HX These r)nwKial xerneMs wuc authori5cd for issw by the try¢¢5 on 26Juty 2022. 2 AcrouoliTrk 11¢11$ m•ry of sRIfiC•¢ t¢•4Trli•t polirie5 •Dd •t¢•TrI1•1 ¢stim#ts Th¢ prirteipal OCeOUnlin8 p)lieits applied in Plepall0n of Ihese fwwKial $i¢m¢n are sd b¢hw. Th¢s¢ Njliciu hay¢ co]k%i4thily 4wlied all ihe ytaTS txes¢nd. ks5 othm4yst aaicd. Sts¢•nnt of ¢ompli•wet The firtattial $iaienKnts have ten prepared ifv aCcOrdae A¢wuniir¢ and Rcwning by Chorili¢s.' &aLcmcni of Rectsmmc5ykd Praaitc lapplit3bk 10 thtirilTres prepaiin8 iheir in accordance wilh the Fin•n¢ial R¢ponin¥ Siendard appli¢obk in UK and R¢public ofirel8Th1 {FRS 1021) {i55ued in OcioT 2019) - (OrItieS SORP (FRS 102)}. the Finan¢1 Rtwx1in8 StsThJard applicablt in ihc UK aNJ R¢wbli¢ of Ireland IFRS 102) aod ih¢ Compani Au 21 B•555 of prep¥railo TheGiviWachir nxets the definiiion of a pthli¢ benefii eNiiy wKkr FRS 102. Aslds and liabiliii¢$ ar¢ iiiallv reco8nised * hi#wical eo or transartM)n lesS hr%se in ihc rtleThi •wilir rM)li¢)' 1¢% Going e•neern Tht finarfjal aai¢m¢nts Ixen pw>Artd on a 80in8conccrn basi5. th¢¢$ lssess iht wc of 8Oill8 con¢cm is 4)ptopriaie i.t. thtre ore ry mai¢ri41 WK¢rtalnit r¢l¥¢d ¢v¢ni$ or ¢thJilioiis thai may ¢asi 54gnificarn do ors the abiliiy of thc rhwil). £4)nEin a% R goir corKcrn. Thc inet3 rnake this in w ora period of ont ycar (rom the dal¢ of approvol of fittaheial 4emenis. EAempl•on from prnparini • cash Ihw stxttmenl Th¢ charily owed to early ath)pi Btslleiin I pthlishcd on 2 FebnMn• 2016 and haye Ihcrefsxe noi inclvd¢d ) ¢#sh Ikjw Slai¢m¢N in th¢s¢ finwKi•l sweftKn All income is recogniscd ortce Iht ¢hariiy has cnitilerneni io ilKome. li is probable Il¥Ji thc irKo]A¢ ,111 b¢ ttceived ihe am0 ofihe intomt rttciTthble tan bt mt&SW ttliably. Py8
TheGivingMachiDe Notes to th¢ FiD•n¢ial Stgtements for the Year Ended 31 Derembtr 2021 DON10$ ar¢ re¢ognised IIK ChilY kn bctn [li(d in wriiin8 of Ix)Ih Ihe amunt aThJ sdilemeN d¢. In th¢ ¢Y¢m iFo1 J &)no¢Tron is 5j1 10 Te9uirc a kn'cl ofwfornwtKe by I ¢haril)' rOte the riiy is cmiilcd 10 Ihe fwNJs. Ihc income is defcThed and rtwgnix.d unlil ciib¢r condilioDs ar¢ full)" rw. or Ihe fuifilmeN olih05c ¢0Thliiio is ulK)11)' u'ith) control clwily and il is PToba)le ihal Ihtsc ondiiion5 will be firIlled in Ihe VIrt1n ptrt Exptndilure All expcndiiurt is rec08Th ortt there is o legal or ¢trli1,¢ obliWion tbi exwlitur¢. li is probabk seiilemeni is required and ih¢ amowtt be m¢a$w r¢liably. All alkKaid io thc applirdble cxpcndilurc headirg ih awc8aie similar costs lo Ilw e80.. IVIe cOS ran1 bc ditccil). aiiribulEd 10 panicular adIn¥ ha%'e been alk11 b¥sis il'iih Ihc usc of ruTS, wilh ccnlrnl $lBff coAs allocthcd on ba%i$ of lime stthi, •nd Jtprt¢iaiion ¢harg¢5 alkK•¢d on thE nIOn of thc a1.5 WC. Oiher tog$ o11(ai¢d bas¢d on lh¢ 4Y¢ad of aa(f¢o Chwitsbk ¢xF¢NliIy rompris¢s Ilw)s¢ Costs irKurrcd by ihe chariiy (kliiw ofits ¥VIll¢S and strvices ror ils brnrfiriarirs. li irKlwk5 costs thDI alked dire£ily kn sKh aciiviiics and thse costs of an indire¢i nettssarv io support Ih¢m. Support eosts ¢OSts Irf11¢ (¢ntTrl fundiLW and havc been alILed adiviry COM ¢aBoTies on ¥ basis ¢onsiMeni wilh Ik o(r¢sourc. for ¢¥ampl4 allo1 woperty LThS by (loor or sthlT costs by ihe lime spenl and other 31$ b). Ikir u5a8e. Coverninee rosts Th¢se irtlwt¢ th¢ ¢osis #iirikn?bl¢ lo tk th¥ity.'5 comlae thiih and rwuiremEm5, including oudil, sir4lcgi¢ maDagcm¢ni iwuAce5'5' rncdings and weimburscd ex15. Taxatio The ¢lwiiy is ¢on$idurd Ihc Ic5ts sa in Pwagroph I Sdthilc O of the Fin¢ Act 2010 and Ih¢r¢for¢ li m¢¢ts th¢ d¢finiiion ol # cwnpany for UK F)lOn pj15¢$. A£cordingly. Ihc chawii>' is w)ithiially cx¢mM frorn Ilxaiion in res1 of irmne or capiial 8ains rtctived Mihin caie8ories covcrcd by Chamcr 3 Part I l of the CorWjr1On f&¥ Ad 2010 or S¢dion 256 of Ihe T&¥aiKw of char&bic Gains Aci 199l 10 cxi¢nL ihai $wh in¢om¢ or gal ar¢ 0ppli¢d ¢WI%1¥¢1Y lo tsithbl¢ p$¢& Gogdwill Gwdm'ill is amortixd oyu ils us¢fil lif¢. th1¢h sh7 w ¢%¢¢tyJ )r5 if a rtliablc esiime ofik lif¢ Tgngibk fixtd Issets INlii'idual fixed 45%ts (InS £5(kl.Mor ¥e iniiially rtrordc4 COA. Arnortiiation Amonisaiion is Fovidcd OTh wttanBible red as to olTll* toa, kss ¢s1imacd re$iduaJ i'al ovcr lhclrrKrIcd wcful Crorn1¢ lifc a% follo.
TkneGivingMacbiDe Noles to the Fin#ntial Siatements for th Year Ended 31 December 2021 Amtl eli$s AmortiS•¢ioA m¢ihod #nd rte IIPh Suai8ht Line Depretifylion AAd 81110 D¢pT¢fi?iion is pTovid¢d on Ig]k fLxed $0 as io iwiie off Ihe com ( valu10 Icss sny e51Lmaicd resithal valuc. ovcr Ihcir cxprthed lu1 e¢01Mi¢ life as follows= Asset tllss ITS!'$i¢ms FbYlU$ & Fiitin Compuicf5 D¢prn¢lalhn rn¢thod aod rnie 25YD SITaighi 25% Svaight knr 25% Siraighi Lin¢ Trgde dtbtOTS Tra¢k dcbiow5 art [rn custonKrs m¢rcWise g)Id or servic¢s perfornleil in ihc ordinarv £oursc of knints5. 'rrade delMOT5 aff recogni5ed iniiiallv ai thc Th¢y Sub9¢DI1Y m¢asw¢d )1 wTh)rtised co$1 in8 Ihe clTethive inierem Med. less pmI75ion for impaiTmenL A provision for the impaintTreni of Irade dcbiors is eSb]Ithd when is objeuivc evidenc¢ thai ihe chariii. 111 b¢ abl¢ io roll1 all 2mounis du¢ crding io ihe Original iernL% ofth¢ receivabk C•sth ••d t¥51b Cash ond cll51L equiiwl¢N5 comprise cash on Ind call ond oiher short-i£Ym hi8hly liquid iAvesiTh¢nts thai arc Ttadily conirniblc io a of ¢ash ond 8rt sybje¢L LO an insi8nificani risL- of thJn8¢ in value. Trade trndliors Tra(k ¢r¢dilOts aT¢ obliWions io ptyy for or setvices have been acquired in the ordinar). courK Cr b•t$S from suppliers. Acco1$ pa>ble are cla&%1fd as cuNetM liabiliiies if Ihe chvii) docs nor have an ondiiion)l T1bI. ai lh¢ ¢rwJ of ihc rEFX)ning period. io defLY seiilemeni of tht crediior for M I1 iiv¢lve Monik after IIK reponing dai¢. IfiheT¢ is #h uKotsJiiiowl io defu setr1en for 21 It iu'elvc moni ft¢r ihe rcponing dai¢. ihc). 4rE pr¢sem¢d y5 rnllrycur lthbslilies. Trade crediiors we recolSed iniiialli. u Ik iwan5othion prirc drNI gJbstquenilv me8SUrtJ 41 amortised co sing Ihc cncuivc Im¢r Bomwittgs Ini¢r¢si.karin8 borT¢Wkn¥S arc irMii•lly r¢wd¢d ai fair lt, of irnnstKiion cosi& lThieresi-bearbng b)Trou'ings are subseqni1v (arried ¥rnMis¢d tOSL thith the dilTeRnce kiwttn Ihc prreeds. of iTrnsa¢iion co$is. aThJ Ihe amouni duc on r¢dcmNion being re¢o8nised as a chaT8C 10 the Sthiemeni of Financiol Aciiviii¢s OVK th¢ puiod ol"th¢ r¢levam borrom Iniercsi txpen5c is r¢w8ni5ed on thc bosis of cff¢diYe ini¢rca •KI is incluw in imcftsi pa)Yble and similw charg¢ Borro.185 arc classified as CUWTCnl liabiliiies unless ihe chariiy hos In unrondiiionaj ri8lw 10 defer seul¢mtni of Ihc liability fof ai twelve DnIh5 afiu the ren1Th8 due. P•ge 10
TheGivingMa¢hine Noks to ihe Flnaelal S¢alements (or the Year Ended 31 December 2021 F•nd nIc1 Urtrtsirieied income fijthts are lh ¥e available for the distreiion ft¥rthepknce or th¢ obj¢diiw ofih¢ ¢htrilJ'. FinDtil iDslrnmMts Financial a5Srts and financial Jiabililits art wised iht chwity Lot5 Q Y io the contratiual PfOV15ions ofihe instyumtN. Financial liabiliiies and cquiiy insthTheNs classified atcordirt8 10 ihe subsiance of tht conrraciual afran¥emerns eniu¢d inio. An tquil) inSlTumeni is •ny ¢imiiaci tlot evidew a residual im¢ra in the 8s3ets of Ihe chariiy 41ftcr deduthin8 all of lis liabilili¢& All finan¢iJl J&sds liabilities or¢ inli1. pr¢ (¢ldIng tsa110 ¢$), ¢x¢¢pi for Ihos¢ fioah¢io1 £lauifd a% ai fair thro1 prvfrt or whirh inilitylty. m¢&wred * fair valu¢ {1th is DOMlIY Ihc iTlOn pricc ¢x¢ludirg coms). wkss I 8¢mN ronsiilui¢$ o rinancing Ir4nsa¢iion. If an arrangfflM consi11¢5 a finan¢ir8 ir10T& lh¢ financial or finamcial liabiliiv is mcasur¢d ihe pr¢s¢N valw of fthure pa)wKnis diKoumcd & a mark¢i raic of iMcw¢s1 for a sirniltr brMnuN¢m. I..)naJ1) ass¢ts liabilitie5 we onl). otrsd in the sthicrffjem of fla1 p)siiion and only then ih¢re ex1 a legall). enforceable righi 10 sei off Iht rccoEnised am0s aThJ ihe thwity inicnds tiihcr 10 5Ciile on a nei basis. or 10 reolise the assei and setile liability simulianeo1y. Financiol 8$ss 8re (lereco1Std a) c4>nirdciI ri8his to the cash frorn ihe ftnan¢inl &1 txpirt or we setiled, b) Iht charily lftartsftrs 10 Mhtr party substorniall). all of iht ri8ks and reward% of OWm¢Ip of th¢ finaty¢ial awL or ¢) Ik dwiiy, d¢spil¢ h)vin8 $om& TWI 1. signifKanl risks Or rriY4rds of 0eilP1 has irJn5fcrYed rnI Dfthr io aTMxhEr p3rty. Finarti?I liabiliii¢5 ?r¢ d¢T¢rog Ov kn lh¢ obligion SPlf1 ih¢ contwall is iJixharg¢d. ¢an¢¢ll¢d or cxpir¢s.
TheCiviDgMachine Notes lo the Fin¥4ncial Siatements for the Year Ended JI December 2021 DebfiMsfftiMeMts Dth Insltymen whi¢h med the fdkni'ix t1)thimN are sknquenily meawr1 * amortised ¢osk usin8 the cffcaiv¢ irncre fflcihod.. la} Thc conirJciual Ihc l¥)Ider is (i) a red arno (li) a pDsiiii'e fixed r4¢ or • p)Siiiir iyriable rate- or lili) a combinaiion of a rKJsiiive a r8aiive fixed rae and o 111ve vwriabk T¢. Ib) The COM JY rovidt for repaymthts of Iht prx4ial or the rdurn 10 tht klder knih) 10 b¢ linked io a sirtgle Telev•rti obsen'ablt irtdtx. of Betttral price innaiiort of in $¢1) ihe dc inrnmcM 1$ d¢fiornir4¢d. Fffovithd links we r¥bi l¢. (c) The o)nirKI ma). provide for a ern1•nable of lh¢ r¢tym 10 ih¢ htslder dwinE iht lifc of Ihc instsurrni. pyovidcd Ihai li) Ihc ncw sa11sfi condiiion 14) and tk 1$ ¢Ohlin8tt)t on future events oiher than {1} a chan8c ora Corn1 I'aTiablc Nc:12) 10 proie¢i Ihe holder againsi ¢redil deier1oFÉfj of ih¢ i$suer {3) chaTh8e$ in levies applied by a centr61 or uisimg (rom thange5 in T¢lcYanl I011011 OT I•iw, or (li) Ihc rat¢ 1$ & m&rka Mt ofirttrtm and l$fleS conth.tion (a). (d)"fhcrt Is Iitr comratiual ProvlOn toukl, by its Itrm. rtsujt in ik knldtr 105in$ the principal amounl any ini¢r¢$i lThbbk Ihe ¢wrtht period or per (¢1 Contra¢iual proi4sioms th• pemiii isw LO prepay a thbt ijwNm¢nt or p¢miii ih¢ Ilder 10 put it back lh¢ i55ucr before miiwiiy zre rKM canlingeni futurc eVCn oihcr Il#n to proieci th Mtder a8aiTr51 the credii deriOratH>n of Ihc or J ¢lMnge ID ¢¢otrol ofthe issu¢r, or io w•ieu Ihe knlder or isswr a8tsin cwes levies gled b) 8 Ctn¢rdl bank or arising frotn ¢han in r¢l¢vart t&YalN)n or law. (fj Contyaciual wovisions may ihe ¢MaL¢ion of the Tcwm of ihe debi itl%trWrth. proi'ithd ihe reiwn Ihc knldeF an). hr nIrlal provisions applicablr durir4 th¢ exi¢nd¢d terni Saiisfy, tht toNJii1o of DLl in#rwn¢nts thai ar¢ cl&sstCird as pa)iblc or ¢1 within onc )w on iDiii¥l r¢¢ogrLiiiDn ivhith mc¢1 Ik aboir condiiions 2re rnwed ai ihc undiscoum¢O amunl ofih¢ 4)r h¢1 coNid¢r4iDtt ex¢{1 10 be p8id or rtc£iYed. of impwrnKffl. With th exceyton of some kd&in8 iThEmimcr4 othEr dr iMnThcnts ihcsg mwjisions are mea5UTed ai fair nlue IhrouKh profil or1055. Commiim¢ni$ io rhak¢ re¢¢iv¢ 109r4 whith lh¢ ¢•ndiiwx6 mthiord alyove are [rd w co IThthi¢h may be nil) Itss imp3itmtnt. Th¢ besi ¢videtic¢ of f•ir i8 a qw)d pJic¢ for • id>)ii¢al Assa in an athive rnarka. Whcn qwied prices ar¢ wav¥ilabl¢. the pri¢¢ of a re¢•n f£)r an id¢rtlital osset provides twdentc or rair valtt &$ long Iherc Iws nthi Silfan1 changr in tr0Mi{ or a signific8nt lapse of time since ihe ¢Tonwiion look pla¢¢. If lh¢ Inarka is xiii'e •ftd re¢em ir•ns¥iioNs ofat) ideniical assth on Ihcir owi are 8d of fair tslu¢, th¢ fair Val is ¢NIM¢d by usin8 ) I'JIliOn i¢¢hni91*. Pa8e 12
TheGivio£Ma¢bifje Notes to ib¢ $•¢1•1 Stst¢m¢nts for the Year Ended 3J De¢¢•b¢r 2021 3 frorn do•atio$ and lry•ti UDr¢51rirt¢ol funds GttTI Total fuuds Donai)ns fmm iTKlividuaJs 31.970 31,970 To¢•1 f•r2O21 31.SIRI 31,970 T•t•l fvr 2•20 35,403 35,403 4 Ibtotht t&tit•blt •¢tivrfi fuAd5 GeDtrxl TolDI Clwriwbl¢ Auivili¢s 236.276 Z36.270 T•t41 for 2021 236,276 236,270 T•tal for 2020 248.510 248,5JO 5 Vr•veslmtvJi itomt Vort51rid¢d Total Central Inieresl re¢eiY&)k and similar Ime.. Initrcsl receivablc on bank derffjsits 44 Tolal for 2021 44 44 To141 Cor 2020 IS2 152 6 Expefidit¥vt tbritbbE •diwities 8c13
TheGivingMa¢hiDe Noles lo tbe Finantial Statements for the Year Eoded 31 Dettmb¢r 2021 fuThd¥ Centw•l T•tal Note Chariiabk A¢iii'iiics D¢prrriJlioJJ: wTh)nis#riDn ¥yJ tstrwsimilar eo Alloeed $uppM Co$ Cm)vern¢¢ CDYS 243,582 243.582 12,270 1.800 12.270 1,800 T•tl for 2021 288.765 288.765 Tot•l 1012020 299,337 299,337 Tofl ¢SPtodliure In #ddilion 10 Ik eyp)Kiiiw¢ w8]Jryed aF#)Ye. Ihcre are also 8OVernXtt C4)srs of£i.81)0 {2020- £2,INX)l ithith r¢lai¢ dirculy 10 ¢hariiable •thiviti¢s. Se¢ 1¢ 7 for hrther dethil 7 An•ly5i5 of g•v¢rn•w¢t •nd swpport t•sts Gov¢rTranee costs UTrrt#rkied funds CeDer Total fund$ lthpcr¥J¢ni cxamin¢r ft¢s Éxaminaiion of ihe rtnathcial silnts I,8(Kl Toi81 tor 2011 1.800 Tot1 for 2020 2.OQO P•gc 14
TheGiviDgMackiDe Notes ¢9 the Financiwl Sia¢ements lor the Year Eaded 31 De¢enbber 2021 8 Net incomillgloutgoine rtsoDrtts Nei j1¥018 rewurces for ycar itt1¢. 2•21 2020 Dcprcciglion off Amortisaiioti of gI)d)I) 18.107 13,(rf16 22,131 9 Trtte$ remuAerdtiDIl And txptThse5 No inw¢e5. nor persons conCd wryih tlw hyt rttciTrtd Yrmunemion from Ihc thariiy durinB the 10 IndtpeThdetht esmiber's rtm¥fyerli 2021 2020 EXItsinL0n of lh¢ financial sw¢The I I Txiio Tht eharii). is a rt8iSlCrtd charity aTrJ J therefott eXtm fr 10n. 12 Int•nribk fJAed asstts G••dw•ll Total Cost Al l January. 2021 130.067 130,067 Al 31 tk¢ember 2021 130.067 Amorti110n Ai l Janw 2021 Char8e for the ycar Ai 31 D¢cunb¢r 2021 78.036 13.006 78,036 13.th)6 91,042 Ne¢ b•ok v•h¢ At JI D£cemb¢r 2021 39,025 39,n25 Ai JI DeMb 2020 52.031 52,011 Pag¢ 15
TheGivlDIM¢hine Noles lo the Flnnelal Statements for the Year Ended 31 Dttember 2021 Devtlopmefil t05ts DcvclopmLYii costs hai'c bEcn withli5ed in accordancr 4Yxh FRS 102 ScctiDrt 18 IntsnBible Assds Othtt Il)an Goodwill knd e Ihercfort Th)11rt4ied as e defi¢ii its the ¢knrits'. 13 Tlible wets Furnl¢•re Ad tquipmtnt Total Cosl A¢ l Janwy 2021 401.256 402256 Ai 31 tkrcmkr 2021 402.256 Dpreri¥lio Ai l JanL4ry 2021 CThargo for lh¢ )'¢ar 3711,263 18.107 378,263 18,107 At 31 tk¢embeT 2021 396 370 N¢ b•ok v•lu Ai 31 D¢c¢mbet 2021 5.886 5.886 Al 31 Dcrcmber 2020 23.993 23,993 14 Dtbtors 2021 2020 Tra(k debioys 1,140 410 tpa)'m¢rns 3,200 410 IS Cash and ¢sh tquivle•ts 202J 2Q20 CDsh gi b4W 52.551 16 Cr¢ditors: ¥moy•ts falllog wifhl •Tht yt•r ioii 2020 Twadecr¢diiors 9,182 2.394 33.692 2.491 6,722 9.407 34.979 2,508 VAT her Er¢di13 Ar¢nL15 47.759 53,616 Py16
TheGiYin%Ma¢kiDC otes lo the Fihantil Si¢e#bthts for the Ye¥r Ended JI December 2021 l? Creditors: Imollnts fal# afttr oDt yer 2•21 2020 Oiher ltsans 534.147 Included wiihin tr•)Trowiny is tsn anM)uffl of £250,1 (2020.. £250,OOD). The rep•¢1 ierms for ihis loan have i b¢w s¢t aThl ¢$1 is 4(li1r1E IL In¢lud¢d wiihin ix)rro}l¥ is an 8rnouni of £26,1 12020: £26,CW). The rwinwn Icnn5 arc £8,(W per artn ini¢r¢si is TMX furi on ii, r¢pa)Ill¢N WJ1v in 2020. Includcd thIn txmwing5 is an amouN of £109.147 (2020.. £IOS.8071. The rq)a)rytKni frm)s for this loan have not tKcn sei and inieresi is ac¢rning & a rdic of 3Y•over UK bLse per arfflum. Included wiihin boYrowin&% is an arno1 of £149.1110 {2020.. £163.657). Tk rtpa)rytt iemts havc bten calculaied so 10 ctL%ure Ihai Ihe loan is repaid on an ihcreosins s¢ble hsis artd irt full by 30 November 2023. Thc fiN repaymeni thie in FtbrLAry 2020. InKtest 1$ acutrirrf Dfh the loan atrtar$ 3Th181 a maximM r¢ ofY/b per anrtum. The loan is $etured by a firsi r4nkiog d¢b¢N¥r¢ rrcJlin8 ) fixed ahd noaiing ¢Narge oi'¢r all cis of ihc tharity, a keal assigmeN over & key life poli¢y •nd • leyl 8ssigrtmenl OWi¥ ThtGivi]Wachirt trademark. 18 Fund5 Balante At 31 Dtttmb 2021 January 2021 resourets exptDded UnTt5tri£led fuDds G¢rKral 1470.095) 268.290 1218.765) 1490.570) B#lAnte at 51 DEcernber Bl#D¢¢ xt I Jttts#ry 2010 RxUt¢S spemd 2020 UnrtJlri¢ted funds Gcncral (454.827) 214.069 1299,337) 470,095 P#8e 17
TheGivingMacbiDe Nole5 to the Financial S¢4temeDts for ihe Year Ended 3] De¢ember 2021 19 An#lysi$ of $8¢ts btMt fubds Uthrtstrittr Total fund$ •t 31 De¢mb¢r 2021 Gelltral lthan8ibl¢ fkx¢d •SJ¢L8 Tith8ible fLxed assets Cufreni asw$ Cwwtnt liabiliiies Credii(soYer I vur 39.025 5.886 46.425 147,759) 534.14 39,025 5.886 46.425 147.759) 534 147 Toi#l nei assets 1490.570 {490.570) UDv¢strirte4 31 De(tmber Cexernl 2020 INan8ibl¢ fix¢d ¥5•$ Tangible fLY¢d asx Current &ssds 52.031 23.993 52,961 (53.616) 1545,464) 52.031 23.993 52,961 153.616) {545.464 470.095 CrcditDrs oY¢r l y¢ (470.095 20 An4lysls of fun At31 Dtttmbtr At l J#nu#ry 2021 flow's 2021 C&th w bJu& in hwwj 52.551 (9.326) 43225 43.225 Ai31 Dttembtr Nei d¢ $2.551 (9.326 At l J•nuary J2 FinAtin8 tsb 2020 Cash li bk and in hond 21,283 31,268 52,551 21.283 31.268 52,551 Page 18