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2022-03-31-accounts

Charity registration number: 1159343

STUART HALL FOUNDATION

for the Year Ended 31 March 2022

Stuart Hall Foundation

(Charity Reg. No: 1159343)

_____________ _____________
Contents
Trustees' Report 1
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Financial Statements 14-19

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022

_____________

The Board of Trustees are pleased to submit their report and independently examined financial statements for the year ended 31st March 2022.

Reference and Administrative Information

Inspired by the life and work of Jamaican-born British public intellectual Professor Stuart Hall, founding figure of British Cultural Studies, key arts supporter, inspirational educator and leading voice for social justice, the Stuart Hall Foundation (SHF) is committed to enriching public education by hosting talks and events that address urgent questions of race, class and intersecting inequalities, as well as providing opportunities for activism and intellectual inquiry amongst scholars, artists and activists from under-represented groups. We collaborate with individuals and institutions across the UK and internationally to bring the arts (imagination), education (thinking) and politics (people and policies) into dynamic and transformative dialogue, to continue Stuart Hall’s life-long commitment to public education. Our goal is to create a new and more inclusive public which is diverse and intergenerational who see and think about the world differently.

The Stuart Hall Foundation was incorporated on 25[th] November 2014 and is a registered charity (number 1159343). Its objects, powers and other constitutional matters are set out in its Trust Deed dated 21[st] October 2014. These financial statements comply with the current Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Registered office: c/o David Beech, Prager Metis LLP, 5A Bear Lane, London, SE1 0UH

Trustees

The Trustees serving during the year and since the year end were as follows:

Paula Kahn - Treasurer Gregor McLennan David A. Bailey Michael Rustin Catherine Hall Susanna Rustin Rebecca Hall Gilane Tawadros – Chair Julian Henriques Maria Amidu Jess Hall Claire Alexander - Vice-Chair

Patrons

Angela Davis Isaac Julien Henry Louis Gates Jr Steve McQueen Sue Woodford Hollick

Bankers: Barclays Bank, 35 Notting Hill Gate, London, W11 3JQ

Independent Examiners : Additude Ltd, 9 Rhapsody Court, London NW10 5DF

Page 1

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

Objects, Aims and Principal Activities

The Stuart Hall Foundation’s principal activities are to advance education for public benefit and to promote the arts for public benefit. The Charity aims to achieve its objectives through the following activities:

1. Developing an international digital presence

2. Awarding scholarships, fellowships and residencies

3. Commissioning new artistic and cultural works

4. Convening a public programme of events

Principal charitable activities

The principal charitable activity of Stuart Hall Foundation is in seeking to meet the above aims.

Public Benefit

The Stuart Hall Foundation carries out a wide range of activities as detailed in pursuance of its charitable aims. In setting the work programme each year the Trustees have regard to the Charity Commission’s guidance on public benefit and are satisfied that the Charity’s activities throughout the year provided public benefit.

Review of Achievements and Performance

We have continued to deliver a programme of activities to provide a space for urgent and difficult conversations across communities, broadening the lens of public education and building capacity for networking and new, dynamic ways of thinking. We have continued to initiate and host dialogues and conversations around the critical links between race, class and pertinent public concerns (e.g., mental health, climate change etc.). Our goal is to inspire a more diverse, intergenerational and inclusive public debate so that people see and think about the world differently.

We have continued to build an intersectional ecosystem of exchange through core activities that include our public events programme, a rapidly growing network of scholars, fellows and artists, and (most recently) publishing digital content online.

Between 1[st] April 2021 and 31[st] March 2022, we have delivered the following activities:

Public Programme

Page 2

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

Digital Content Online

We have continued to build on our digital resource library, publishing recordings of all our events and activities online. During this time, we have launched two series:

Page 3

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

Digital Communications

Our programme of events and digital content has been supported by regular communications activity through our newsletter, website and social media:

Scholarship and Fellowship Programme

We are rapidly expanding and developing our unique and international network of scholars, fellows and artists-in-residence. Its purpose is to help build a new generation of thinkers engaging with Stuart Hall’s work, becoming influencers themselves; to help address issues experienced by black, Asian and minority ethnic scholars, and other under-representation and disadvantage within and beyond academia; and to make connections spanning education, culture and politics across the globe.

We have awarded 11 new scholarships and fellowships, including:

We have awarded our annual SHF and Cultural Studies Award to Aria S. Halliday for her essay ‘Twerk Sumn!: Theorizing Black Girl Epistemology in the Body’.

We have established 6 new academic partnerships that include Yorkshire Consortium for Equality in Doctoral Education (YCEDE), Consortium for the Humanities and the Arts SouthEast England (CHASE), Queen Mary University, London, and with the University of Edinburgh specifically in collaboration with RACE.ED and the Andrea Levy scholarship. We

Page 4

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

are currently developing and exploring further partnership activity with AHRC North West Consortium DTP, University of Birmingham and Birmingham Race Impact Group (BRIG), Wellcome Trust with Queen Mary University London, Manchester 4 Cities, and a further collaboration with Edinburgh in association with the Scottish Graduate School of Social Science (SGSSS), and the Scottish Graduate School of Social Science (SGSAH). And we have continued to offer scholarships and fellowships with partners including:

We have continued to develop the Stuart Hall Scholarship Network and have organised regular activities for our members:

The Stuart Hall Foundation’s core and programme costs have been supported by Trusts and Foundations (including Art Fund, Arts Council England, Barry Amiel and Norman Melburn Trust, Centre on the Dynamics of Ethnicity (CoDE), David and Elaine Potter Foundation, The David Family Foundation, Foyle Foundation, Garfield Weston Foundation, Hollick Family Foundation, The Robert Gavron Charitable Trust, Unbound Philanthropy) as well as private donors and supporters.

We are especially excited that starting from April 2022 we have been awarded a three-year grant from Esmée Fairbairn Foundation which has enabled us to develop our organisational processes and our core team with confidence and provides a foundation for further development.

Page 5

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

In addition, we receive in-kind support from our academic and cultural partner organisations. In-kind support from academic partners, to cover the costs of scholarships and fellowships, is estimated at £244,633. A more detailed outline of the received in-kind support can be found in the accounts below.

Our Board of Trustees and other supporters offer their time and expertise on a voluntary basis.

Financial Review

The statement of financial activities shows a surplus of £41,648 [2021: deficit of £10,990 ] at 31 March 2022. Total funds balance at the year end, taking into account funds brought forward at the beginning of the year, included restricted funds of £35,670 [2021: £51,125] and unrestricted funds of £152,135 [2021: £95,032 ], none of which were designated [2021: £0].

Structure, Governance and Management

The Stuart Hall Foundation is a registered charity.

Governance

Responsible governance of the Charity is exercised through the Board of Trustees (‘the Board’). The Board is made up of independent lay members who are responsible for the Charity’s conduct and for ensuring that it satisfies all legal and contractual obligations. The Trustees are volunteers and are not remunerated for their time. The Charity is comprised of 12 Trustees with wide international experience in finance, senior management, academia, the arts and creative industries and the media. The Board is responsible for setting the Charity’s strategic direction and is ultimately accountable for how effectively the Charity meets the defined aims through direct charitable activity.

The Board employs staff members who support the Charity’s strategic planning and operational activities. Trustees meet at least four times a year; financial and management reports are provided to the Board on a quarterly basis.

The Board is supported by three Associates who support delivery of the Foundation’s Scholarship and Fellowship programme. The role of an Associates is voluntary, the Associates are not remunerated for their time.

Trustee Investment powers

Investment powers are governed by the Trust Deed. There are no restrictions on charity’s absolute powers of investment to the extent that any retained funds that arise are dealt with by depositing surpluses into the COIF Charities Deposit Fund or with authorised banks.

Trustee Recruitment, Induction and Training

The Chair of the Trustees is nominated by the Board of Trustees.

Page 6

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

The Board of Trustees has power to appoint additional Trustees as it considers fit to do so to ensure that all relevant skills and experience are represented. Under the Trust Deed every Trustee must be appointed by a resolution of the Trustees. The appointed Trustees fulfil their duties without any term limitations. Each new Trustee is given an induction in the work of the Charity and financial procedures. Each new Trustee receives a copy of the Trustees Deed and any amendments made to it and a copy of charity’s latest report and statement of accounts. A Trustee shall cease to hold office if he or she (1) is disqualified for acting as a Trustee by virtue of sections 178 and 179 of the Charities Act 2011 or any statutory reenactment or modification of that provision, (2) is no longer able to fulfil duties due to medical reasons, (3) is absent without the permission of the Trustees from all their meetings held within a period of six months, (4) notifies to the Trustees a wish to resign.

Management and Staffing Structure

The Foundation is run by an experienced team of three part-time staff members, Harriet Fleuriot, Head of Programmes, Orsod Malik, Programme Curator, and Ilze Rieba, Fundraising and Operations Manager. We have recently secured three-year funding to support the development of our organisational processes which has allowed us to offer permanent employment contracts to the staff members starting from 1st April 2022. This brings much needed stability to support long-term planning for maximum impact.

We continue to employ a part-time freelance fundraising consultant to support our fundraising efforts. To increase the capacity of the core team during busy periods we hire ad-hoc freelance consultants when necessary. The staffing structure will remain small to remain at low risk financially and reactive to the workload.

Principal Risks and Uncertainties

The Charity undertakes periodic reviews for different areas of risk including, insurance cover; health and safety policies in the workplace; financial affairs; personnel practices; ICT technology. In relation to these matters, and apart from matters completely outside the Charity’s control, the Trustees consider that the risks to which the Charity is subject have been mitigated to a satisfactory level.

The Charity closely manages its finances. A budget is approved before the beginning of the year. All expenditure is monitored against budget and authorised by the Chair and ViceChair or Treasurer who are responsible for ensuring that the expenditure remains within agreed limits.

Reserves policy

The charity holds free reserves for a variety of purposes. In a relatively steady operating environment such purposes would include:

Page 7

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

The charity’s funds stood at £152,135 on 31 March 2022 (2021 - £95,032). The Trustees remain of the view that a minimum level of free reserves of £50,000 roughly equivalent to six months of core operating costs, should be maintained. Given the increase in inflation and running costs in general, the board are conscious that they need to keep this figure under constant review. But they remain satisfied that the unrestricted reserves levels will be able to sustain any financial pressures in the coming year.

Plan for future periods

Over the next three years we will continue to focus on two strands of work (our Public Programme and the Academic Network) to bring together young artists/collectives, cultural activists, academics and producers to share their visions for a just and more equal society. Key components of our programme will include:

Public Programme

Our planned programme will enable the Foundation to grow our influence as a catalyst for change alongside developing as a commissioner, producer, curator and publisher of creative, cultural and educational resources, including working with video and audio that build on our library of resources.

Academic Network

Our scholars’ and fellows’ research fields are varied and rich, spanning arts, humanities, social sciences and psychology, using interdisciplinary and critical readings of class, ethnicity and gender. In the past six years we have rapidly expanded and developed this unique and international network of scholars, fellows and artists-in-residence. Its purpose is

Page 8

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

to help build a new generation of thinkers engaging with Stuart Hall’s work, becoming influencers themselves; to help address issues experienced by black, Asian and minority ethnic scholars, and other under-representation and disadvantage within and outside academia; and to make connections spanning education, culture and politics, and across the globe.

We will continue to offer our regular network activities:

In addition, we are also in the process of reviewing the network to ensure that we continue to build a meaningful and supportive network. Our aim will be to deepen the existing institutional relationships so that we can provide new opportunities to our scholars, fellows and artists to be confidently and actively engaged in the world outside the academy; applying their knowledge and making connections across the arts, humanities and social sciences, recognising that these are not only intellectual disciplines but vital areas of social, cultural and political life.

We have secured a grant from Centre for Dynamic Research for a network mentoring pilot. This will focus on supporting PhD students from under-represented and marginalised backgrounds who wish to transition into more advanced research and teaching roles. The scheme will offer individual support to complement the collective aspects of network activity.

Statement as to Disclosure of Information to Independent Examiner

Each of the persons who are Trustees at the time when this report is approved confirms that:

Independent Examiners

The officers of the charity have agreed to re-appoint Additude Ltd as the charity’s Independent Examiner and the proposal of this appointment will be put forward to the board at the forthcoming Board Meeting.

Approved by the Board and signed on its behalf by:

Gilane Tawadros – Chair

Date:

09 / 11 / 2022

Page 9

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Trustees’ Report for the year ended 31st March 2022 (continued)

_____________

Statement of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income or expenditure, of the charity for that period.

In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping proper and adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 10

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Independent Examiner’s Report to the Trustees of Stuart Hall Foundation for the year ended 31st March 2022

_____________

We report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 12 to 19.

Respective responsibilities of Trustees and examiner

The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. I am qualified to undertake the examination by being a qualified member of CIPFA.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in, any material respect, the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Andi Dollia, CPFA ADDITUDE LTD 9 Rhapsody Court Wakeman Road London NW10 5DF

Date: 29 September 2022

Page 11

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Statement of financial activities for the year ended 31st March 2022 (incorporating an income and expenditure account)

__
Income from:
Note
Donations and
legacies
3
Charitable
activities
4
Charitable
activities In-Kind
5
Total income
Expenditure on:
Raising funds
6
Charitable
activities
6
Charitable
activities In-Kind
Total
expenditure
Net income
(expenditure)
Transfers
between funds
Net movement in
funds
Reconciliation of funds:
Total funds
brought forward
Total funds
carried forward		 _____
Restricted
£
74,500
-
244,633
319,133
-
89,955
244,633
334,588
(15,455)
-
(15,455)
51,125
35,670		 _____
Unrestricted
£
74,039
2,420
-
76,459
12,410
6,946
-
19,356
57,103
-
57,103
95,032
152,135		 __
2022
Total
£
148,539
2,420
244,633
395,592
12,410
96,901
244,633
353,944
41,648
-
41,648
146,157
187,805		 ____
Restricted
£
85,070
-
173,565
258,635
-
76,713
173,565
250,278
8,357
-
8,357
42,768
51,125		 _____
Unrestricted
£
24,689
7,585
-
32,274
16,103
35,518
-
51,621
(19,347)
-
(19,347)
114,379
95,032		 _
2021
Total
£
109,759
7,585
173,565
290,909
16,103
112,231
173,565
301,899
(10,990)
-
(10,990)
157,147
146,157

The notes on pages 14 to 19 form part of these financial statements.

Page 12

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Balance Sheet as at 31st March 2022

_________
Note
Fixed Assets
Tangible fixed assets
10
Current assets
Debtors
11
Cash at bank
Creditors: amounts falling due within one year
12
Net current assets
Net assets
13
Funds
14
Restricted
Unrestricted:
General
Total funds		 _______
2022
2021
£
£
-
-
-
-
189,055
147,791
189,055
147,791
1,250
1,634
187,805
146,157
187,805
146,157
35,670
51,125
152,135
95,032
187,805
146,157

For the year ended 31 March 2022 the charity was entitled to exemption under section 477 of the Companies Act 2006; and no notice has been deposited under section 476. No members have required the charity to obtain an audit of its accounts for the year in question. The Trustees acknowledge responsibility for: i) Ensuring the charity keeps accounting records which comply with section 386; and ii) Preparing financial statements which give a true and fair view of the state of affairs of the charity as at the year-end in accordance with requirements of section 394 and 395, and which otherwise comply with requirements of the Companies Act 2006 relating to financial statements, so far applicable to the charity. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Trustees on

and signed on their behalf by:

Gilane Tawadros Chair

Page 13

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022

1. Accounting policies

a. General information

Stuart Hall Foundation is a charity, registered with the Charity Commission (charity registration number 1159343).

b. Going concern

The Trustees confirm that at the time of approving the financial statements, there are no material uncertainties regarding the Charity’s ability to continue in operational existence for the foreseeable future. In arriving at this conclusion the Trustees have taken account of current and anticipated financial performance in the current economic conditions, its business plan and its reserves position. For this reason, the going concern basis continues to be adopted in the preparation of the Charity’s financial statements.

c. Basis for preparation

The financial statements have been prepared under the historic cost convention unless otherwise stated in the relevant accounting policy notes and in accordance with Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The principal accounting policies that have been applied to all years presented in these financial statements are set out below.

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires Trustees to exercise their judgement in the process of applying the accounting policies. Use of available information and application of judgement are inherent in the formation of estimates. Actual outcomes in the future could differ from such estimates. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in Note 2.

d. Recognition of outstanding employee benefits

No provision for outstanding holiday pay was made under previous UK GAAP. Under FRS 102 the costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employees’ services are received.

e. Fixed assets

Individual fixed assets costing £2,000 or more are initially recorded at cost.

f. Fund accounting

The nature and purpose of each fund is explained in Note 14 to the financial statements.

Page 14

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022 (continued)

_____________

g. Financial instruments

The only financial instruments held by the charity are debtors and creditors. These are categorised as ‘basic’ in accordance with Section 11 of FRS 102 and are initially recognised at transaction price. These are subsequently measured at their transaction price less any impairment.

h. Income

Income is recognised when the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Donations and grants are split between restricted and unrestricted funds in accordance with the terms of the grant or donation.

Donations and gifts are recognised in the statement of financial activities when receivable. Income from government and other grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Donated services and facilities are included at the value to the charity where this can be quantified.

Bank interest is recognised on an accrual basis.

i. Expenditure

Expenditure is included in the statement of financial activities on an accruals basis, inclusive of any VAT that cannot be recovered. It is recognised when there is a legal or constructive obligation to pay for it. Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of the proportion of time spent by staff or resources used on those activities.

j. Defined contribution pension scheme

The charity operates a defined contribution scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

k. Leases

Rentals applicable to operating leases are charged to the statement of financial activities over the period they are incurred.

2. Critical judgements and estimates

No critical judgements have been made by management in applying the charity’s accounting policies.

Page 15

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022 (continued)

Notes to the Financial Statements for the year ending 31st March 2022
(continued)		 Notes to the Financial Statements for the year ending 31st March 2022
(continued)		 Notes to the Financial Statements for the year ending 31st March 2022
(continued)		 Notes to the Financial Statements for the year ending 31st March 2022
(continued)		 Notes to the Financial Statements for the year ending 31st March 2022
(continued)		 Notes to the Financial Statements for the year ending 31st March 2022
(continued)
_____________
3. Donations and Legacies Restricted
Unrestricted		 2022 2021
Total Total
£ £ £ £
Unbound Philanthropy - - - 30,000
University of Manchester - - - 42,070
National Art College / Art Fund - - - 500
Hollick Family Charitable Trust - 30,000 30,000 10,500
CoDE Main Research Project 2 15,000 - 15,000 -
CoDe Mentoring Pilot 15,000 - 15,000 -
CoDE Survey 10,000 - 10,000 -
Arts Council England - 24,200 24,200 -
Routledge Award - - - 1,000
David and Elaine Potter Foundation - - - 2,000
Garfield Weston Foundation 20,000 - 20,000 -
Amiel Melburn Trust 7,000 - 7,000 -
David Family Foundation - 10,000 10,000 -
Private Donation 7,500 - 7,500 10,000
Other Income and donations - 9,839 9,839 13,689
Total Donations and Legacies 74,500 74,039 148,539 109,759
4. Income from Charitable Activities
Restricted Unrestricted 2022 2021
Total Total
£ £ £ £
Ticket Sales - 2,420 2,420 7,585
Total Income from Charitable Activities - 2,420 2,420 7,585
5. Income from Charitable Activities In- 2022 2021
Kind Restricted Unrestricted Total Total
£ £ £ £
University of East London - - - 5,452
White Rose DWP 45,855 - 45,855 -
University of Cape Town 5,860 - 5,860 5,860
Goldsmiths, University of London 4,052 - 4,052 16,208
The Hutchins Center 38,000 - 38,000 38,000
Sussex University 10,000 - 10,000 10,000
Merton College/TORCH 14,296 - 14,296 28,592
Birkbeck, University of London - - - 20,668
University of Manchester 30,570 - 30,570 15,285
Routledge Award 1,000 - 1,000 1,000
The Tavistock & Portman NHS Trust 63,000 - 63,000 13,000
TECHNĒ AHRC 17,000 - 17,000 17,000
Duke University Press 2,500 - 2,500 -
Consulting 10,000 - 10,000 -
Iniva 2,500 - 2,500 2,500
Total Income from Charitable Activities
In-Kind 244,633 - 244,633 173,565

Page 16

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022 (continued)

_____________

6. Expenditure on Charitable Activities

Staff costs (note 8)
Rent, Rates, Utilities
Consultancy
Comms and IT
Office supplies
Travel & Hospitality
Ind. Examination fee
Professional fees
Programme costs
Add: allocation of
support costs
Total Expenditure
on Charitable
Activities		 Raising
funds
-
-
4,455
-
-
-
-
-
-
4,455
7,955
12,410		 Charitable
activities
£
59,098
-
-
-
-
-
-
-
13,940
73,038
23,863
96,901		 Support
Costs
£
25,328
414
-
4,270
556
-
1,250
-
-
31,818
(31,818)
-		 2022
Total
£
84,426
414
4,455
4,270
556
-
1,250
-
13,940
109,311
-
109,311		 2021
Total
£
75,786
424
7,171
11,179
58
62
1,170
96
32,388
128,334
-
128,334

7. Net income/(expenditure) for the year

This is stated after charging / crediting:

Depreciation
Independent Examination		 2022
£
-
1,250		 2021
£
-
1,170

No expenses were reimbursed to Trustees during the year.

Page 17

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022 (continued)

_____________

8. Staff Costs

Staff costs were as follows:
Salaries and wages
Social security costs
Pension contributions		 2022
£
84,426
-
-
84,426		 2021
£
75,488
-
298
75,786

9. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10. Tangible fixed assets

During the year, the charity had no tangible fixed assets in its possession.

11. Debtors

Trade debtors
Prepayment and accrued income
12. Creditors: amounts due within 1 year
Trade creditors
Taxation and social security
Deferred income
Accruals and provisions
Other creditors		 2022
£
-
-
-		 2021
£
-
-
-
2022
£
-
-
-
1,250
-
1,250		 2021
£
-
464
-
1,170
-
1,634

Page 18

Stuart Hall Foundation

(Charity Reg. No: 1159343)

Notes to the Financial Statements for the year ending 31st March 2022 (continued)

_____________

13. Analysis of net assets between funds

Tangible fixed assets
Net current assets
Net assets at the end of the year
14. Movements in Funds
Unrestricted funds:
General funds
Total unrestricted funds
Restricted funds:
Unbound Philanthropy
Hollick Family Charitable Trust
University of Manchester
CoDE Main Research Project 2
CoDe Mentoring Pilot
CoDE Survey
Garfield Weston Foundation
Amiel Melburn Trust
Private Donation
Gifts in Kind
Total restricted funds
Total funds		 Restricted
Funds
Unrestricted
funds
Total funds
£
£
£
-
-
-
35,670
152,135
187,805
35,670
152,135
187,805
At the
start of
the year
Incoming
resources
Outgoing
resources
At the
end of the
year
£
£
£
95,032
76,459
19,356
152,135
95,032
76,459
19,356
152,135
19,500
-
19,500
-
13,625
-
13,625
-
18,000
-
18,000
-
-
15,000
10,480
4,520
-
15,000
1,000
14,000
-
10,000
10,000
-
-
20,000
10,000
10,000
-
7,000
4,850
2,150
-
7,500
2,500
5,000
-
244,633
244,633
-
51,125
319,133
334,588
35,670
146,157
395,592
353,944
187,805

Purposes of funds

General funds : these are available for use at the Trustees ' discretion in furtherance of the objectives of the charity.

Restricted funds : these are donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

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