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2022-11-30-accounts
| Trustees |
|
|
Ms P Thirumur |
|
|
|
|
|
Ms
I Seitanidou |
|
|
|
|
|
Mr J J Page |
(Appointed |
11April 2023) |
| Charity number |
|
|
1160218 |
|
|
| Company |
number |
|
08768026 |
|
|
| Registered |
|
office |
cio Rayner Essex LLP |
|
|
|
|
|
Tavistock House South |
|
|
|
|
|
Tavistock Square |
|
|
|
|
|
London |
|
|
|
|
|
United
Kingdom |
|
|
|
|
|
WC1H 9LG |
|
|
| Independent |
|
examiner |
Rayner Essex LLP |
|
|
|
|
|
Tavistock House South |
|
|
|
|
|
Tavistock Square |
|
|
|
|
|
London |
|
|
|
|
|
WC1H 9LG |
|
|
|
|
|
Page |
Trustees'
report |
|
|
1-3 |
| Statement ofTrustees' |
|
Responsibilities |
|
Independent
examiner's |
|
report |
|
| Statement offinancial |
activities |
|
|
| Balance sheet |
|
|
|
| Notes to the financial |
statements |
|
8-15 |
|
|
|
|
|
Unrestricted |
Unrestricted |
Unrestricted |
|
|
|
|
|
funds |
|
funds |
|
|
|
|
|
2022 |
|
2021 |
|
|
|
|
Notes |
|
|
|
| Income from: |
|
|
|
|
|
|
|
Donations
and |
legacies |
|
|
|
76,192 |
|
45,752 |
| Ex enditure on: |
|
|
|
|
|
|
|
Charitable
activities |
|
|
|
|
49,532 |
|
53,827 |
| Net income/(expenditure) |
|
for the Period/ |
|
|
|
|
|
| Net incoming/(outgoing) |
|
resources |
|
|
26,660 |
|
(8,075) |
Other recognised
gains |
|
and losses |
|
|
|
|
|
| Other gains or |
losses |
|
|
|
(629) |
|
(815) |
| Net movement |
in funds |
|
|
|
26,031 |
|
(8,890) |
| Fund balances |
at 1 December 2021 |
|
|
|
(42,981) |
|
(34,091) |
| Fund balances |
at 25 November |
|
2022 |
|
(16,950) |
|
(42,981) |
|
|
|
|
|
|
|
2022 |
|
2021 |
|
|
|
|
|
|
|
Notes |
|
|
|
|
| Fixed assets |
|
|
|
|
|
|
|
|
|
|
| Investments |
|
|
|
|
|
10 |
|
200 |
|
200 |
| Current assets |
|
|
|
|
|
|
|
|
|
|
| Debtors |
|
|
|
|
|
|
14,272 |
|
14,272 |
|
| Cash at bank |
|
and |
in |
hand |
|
|
10 |
|
4 |
|
|
|
|
|
|
|
|
14,282 |
|
14,276 |
|
| Creditors: |
amounts |
|
|
falling due within |
|
|
|
|
|
|
| one year |
|
|
|
|
|
12 |
(31,432) |
|
(57,457) |
|
| Net current |
liabilities |
|
|
|
|
|
|
(17,150) |
|
(43,181) |
| Total assets |
|
less |
current |
|
liabilities |
|
|
(16,950) |
|
(42,981) |
| Income funds |
|
|
|
|
|
|
|
|
|
|
| Unrestricted |
|
funds |
|
|
|
|
|
(16,950) |
|
(42,981) |
|
|
|
|
|
|
|
|
(16,950) |
|
(42,981) |
|
|
|
|
Activities |
Activities |
|
|
|
|
undertaken |
undertaken |
|
|
|
|
directly |
directly |
|
|
|
|
2022 |
2021 |
| Direct |
charitable |
activities |
|
44,532 |
40,507 |
| Share |
ofgovernance |
|
costs (see note 5) |
5,000 |
13,320 |
|
|
|
|
49,532 |
53,827 |
| Support |
c |
osts |
|
|
|
|
|
|
|
|
|
|
|
Support |
Governance |
2022 |
2021 |
|
|
|
|
|
costs |
costs |
|
|
|
|
|
|
|
|
F |
|
|
| Independent |
|
examination |
|
fees |
|
4,800 |
4,800 |
5,100 |
| Legal and |
professional |
|
fees |
|
|
200 |
200 |
8,220 |
|
|
|
|
|
|
5,000 |
5,000 |
13,320 |
| Analysed |
between |
|
|
|
|
|
|
|
| Charitable |
|
activities |
|
|
|
5,000 |
5,000 |
13,320 |
|
|
|
|
Unrestricted |
Unrestricted |
|
|
|
|
funds |
funds |
|
|
|
|
2022 |
2021 |
|
|
|
|
F |
E |
| Foreign |
exchange |
gains |
|
629 |
815 |
| Fixed asset investments |
|
|
|
|
|
|
|
|
|
|
Other |
|
|
|
|
|
investments |
| Cost or |
valuation |
|
|
|
|
| At 1 December 2021 &25 November 2022 |
|
|
|
|
200 |
| Carrying |
amount |
|
|
|
|
| At 25 November 2022 |
|
|
|
|
200 |
| At 30 November 2021 |
|
|
|
|
200 |
|
|
|
|
2022 |
2021 |
| Other investments |
|
comprise: |
Notes |
E |
E |
Investments
in subsidiaries |
|
|
16 |
200 |
200 |
| Debtors |
|
|
|
|
|
|
|
|
|
2022 |
2021 |
| Amounts |
falling |
due within one year: |
|
|
|
| Other debtors |
|
|
|
14,272 |
14,272 |
|
|
|
2022 |
2021 |
|
|
Notes |
|
|
| Bank overdrafts |
|
|
98 |
|
| Other creditors |
|
|
18,701 |
41,091 |
| Accruals and deferred |
income |
|
12,633 |
16,366 |
|
|
|
31,432 |
57,457 |
| Analysis of net assets between funds |
|
|
|
|
|
Unrestricted
Unrestricted |
|
|
|
funds |
funds |
|
|
2022 |
2021 |
|
|
f: |
|
| Fund balances at 25 November 2022 are represented |
by: |
|
|
| Investments |
|
200 |
200 |
| Current assets/(liabilities) |
|
(17,150) |
(43,181) |
|
|
(16,950) |
(42,981) |
| 2022 |
2021 |
| F |
F |
| 46,400 |
7,500 |
| Name of undertaking |
Name of undertaking |
Registered |
Nature ofbusiness |
Nature ofbusiness |
Class of |
Class of |
% Held |
|
|
office |
|
|
shares |
held |
Direct Indirect |
| K1 Race Ltd |
|
C/o Rayner |
Business |
support service |
Ordinary |
|
100.00 |
|
|
Essex |
activities |
|
|
|
|
|
|
LLP,Tavistock |
|
|
|
|
|
|
|
House South, |
|
|
|
|
|
|
|
Tavistock |
|
|
|
|
|
|
|
Square, London, |
|
|
|
|
|
|
|
WC1H 9LG |
|
|
|
|
|
| K1 Britannia |
Training |
Limited16
High Street, |
Technical |
and vocational |
Ordinary |
|
100.00 |
|
|
Cowes, United |
secondary |
education |
|
|
|
|
|
Kingdom,
PO31 |
|
|
|
|
|
|
|
7RZ |
|
|
|
|
|
| Name of undertaking |
Name of undertaking |
|
Profit/(Loss) |
Capital and |
|
|
|
|
Reserves |
|
|
|
|
F |
| K1 Race Ltd |
|
|
(1,585) |
(4,506) |
| K1 Britannia |
Training |
Limited |
|
100 |