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2021-03-31-accounts

Reference	and	Administrative	Details
Solicitors			Russel Cooke
			Putney Hill
			Putney
			London
			SW156AB
Bankers			C.Hoares 8 Co
			37 Fleet Street
			London
			EC4P 4DQ
Auditor			Luoraft Hodgson	& Dawes LLP
			Ground Floor
			19New Road
			Brighton
			East Sussex
			BN1 1UF

(Including Income Losses)	and Ex	pendit	ure A	ccount and State	ment ofTotal R	ecognised Gains	and
				Unrestricted	Restricted	Total	Total
			Note	funds	funds	2021	2020
Income and Endowments		from:
Donations and gifts				60,210	751,947	812,157	734,863
Investment income				205		205	13,286
Totallncome				60,415	751,947	812,362	748,149
Expenditure on:
Charitable activities				(169,680)	(1,110,312)	(1,279,992)	(389,095)
Raising funds				(177,212)		(177,212)	(246,195)
Total Expenditure				(346,892)	(1,110,312)	(1,457,204)	(635,290)
Net (expenditure)/income				(286,477)	(358,365)	(644,842)	112,859
Net movement in funds				(286,477)	(358,365)	(644,842)	112,859
Reconciliation offunds
Total funds brought	forward			2,112,348	552,503	2,664,851	2,551,992
Total funds carried	forward		19	1,825,871	194,138	2,020,009	2,664,851

Balance She	et as	at	31 March 2021
				Note	2021	2020
					R
Fixed assets
investments				14
Current assets
Debtors				16	61,984	1,019,181
Cash at bank	and	in hand		15	2,547,475	2,767,732
					2,609,459	3,786,913
Creditors: Amounts			falling due within one year	17	(589,451)	(1,122,063)
Net current assets					2,020,008	2,664,850
Net assets					2,020,009	2,664,851
Funds ofthe	charity:
Restricted funds					194,138	552,503
Unrestricted	income		funds
Unrestricted funds					1,825,871	2,112,348
Total funds				19	2,020,009	2,664,851

Statement ofCash Flows	for the Year Ended 31 March 20	21
		Note	2021	2020
Cash flows from operating	activities
Net cash flows from operating activities		21	779,538	(832,682)
Cash flows from investing	activities
Interest receivable and similar income			205	13,286
Short-term investments				3,033,474
Net cash flows from investing activities			205	3,046,760
Cash flows from financing	activities
Repayment of loans and borrowings		17	(1,000,000)
Net (decrease)/increase in	cash and cash equivalents		(220,257)	2,214,078
Cash and cash equivalents	at 1 April		2,767,732	553,654
Cash and cash equivalents	at 31 March		2,547,475	2,767,732

Programme	activities	Unrestricted	Restricted	Total
		funds	funds	2021
			f.	E
Project grants		14,000	809„703	823,703
Project delivery costs			7,244	7,244
Project management			40,000	40,000
Project evaluation			25,042	25,042
Support and	Gov'nce	155,680	228,323	384,003
		169,680	1,110,312	1,279,992

Programme	activities	Unrestricted	Restricted	Total
		funds f	funds	2020
Project grants			80,053	80,053
Project delivery costs		123,562	67,444	191,006
Support and	Gov'nce	118,036		118,036
		241,598	147,497	389,095

oftotal st Analysis	aff of	costs for fundraising and charitable support &governance costs on	activity. charitable expenditure
			2021	2021	2021
			Unrestricted	Restricted	Total
				E
Salaries,	wages and related costs		60,318	117,033	177,351
General office costs			6,430	6,396	12,826
Freelance	costs		32,404	86,269	118,673
Governance		costs	6,451	18,625	25,076
Donations	in	kind	50,077		50,077
			155,680	228,323	384,003

Analysis ofcost o	n raisin	g funds and g	overnance	costs
		Unrestricted			Unrestricted
		funds			funds
	Note	Cost o'F f raising unds	0 h costs f,	2021	Cost of raising funds	0 costs	Total 2020
Salaries, wages and related costs		108,452		108,452	106,702		106,702
General office costs		32,164		32,164	23,613		23,613
Freelance 8 Consultancy costs		16,562		16,562	48,658		48,658
Comms 8 Marketing					10,995		10,995
Support 8 Governance costs		10,120		10,120	56,226		56,226
Donations in kind		9,914		9,914
		177,212		177,212	246,194		246,194

			2021	2020
Staff pension	contributions		11,355	9,925
Trustees expenses			85	219
Audit fees			9,600	15,500
Legal and professional		fees	21,210	26,077
			42,250	51,721

9 Staff costs The aggregate payroll costs were as follows:
	2021	2020
	F	E
Staff costs during the year were:
Wages and salaries	250,726	205,852
Social security costs	24,210	19,522
Pension costs	11,355	9,925
Freelance	135,235	87,572
	421,526	322,871

2021	2020
No	No

during the ye	ar expressed as full time equivalents w	as as follows:
		2021	2020
		No	No
Programme	delivery
Fundraising
Administrative
Total

	2021 Income F	Donation- in-kind E	Expenditure F	Creditors F	Debtor
LLDC		59,991	59,991
FLE	51,947				5,537
	51,947	59,991	59,991		5,537
	2020 Income	Donation- in-kind	Expenditure	Creditors	Debtor
LLDC		34,863	34,863	1,000,000
FLE
		34,863	34,863	1,000,000

15C	ash	and cash equivalents
			2021	2020
				F
Cash	at	bank	2,547,475	2,767,732

17Creditors: amounts falling due within one y	ear
	2021	2020
Trade creditors	142,960	53,693
Accruals	387,097	58,873
Taxation and pension	12,983	9,497
Other creditors	46,411
Loan from LLDC		1,000,000
	589,451	1,122,063

	2021f	2020
Creditors	(589,450)	(1,122,063)
Debtors	61,984	1,019,181
Cash	2,547,475	2,767,732
	2,020,009	2,664„850

19Funds
			Balance at 1 April 2020	Incoming resources	Resources expended	Balance at 31 March 2021f
Unrestricted funds
General
General fund			1,962,348	60,415	(346,892)	1,675,871
Designated
Designated funds			150,000			150,000
Total Unrestricted	funds		2,112,348	60,415	(346,892)	1,825,871
Restricted funds
Westfields Stratford		City	429,746	501,947	(&50,279)	&1,414
City of London			122,757	250,000	(260,033)	112,724
Total restricted funds			552,503	751,947	(1,110,312)	194,138
Total funds			2,664,851	812,362	(1,457,204)	2,020,009
			Balance at 1 April 2019	Incoming resources	Resources expended f	Balance at 31 March 2020f
Unrestricted funds
General
General fund			2,401,993	48,149	(487,794)	1,962,348
Designated
Designated funds			150,000			150,000
Total unrestricted	funds		2,551,993	4&,149	(487,794)	2,112,348
Restricted funds
Westfields Stratford		City		450,000	(20,254)	429,746
City of London				250,000	(127,243)	122,757
Total restricted funds				700,000	(147,497)	552,503
Total funds			2,551,993	748,149	(635,291)	2,664,851

				2021
				General	Restricted fundsf	Total funds F
Cash	at bank and	in hand		2,353,337	194,138	2,547,475
Other	net current	assets/	(liabilities)	(527,467)		(527,467)
Total	net assets			1,825,870	194,138	2,020,008
				2020
				General f	Restricted funds F	Total funds F
Cash	at bank and	in hand		2,215,229	552,503	2,767,732
Other	net current	assets/	(liabilities)	(102,881)		(102,881)
Total	net assets			2,112,348	552,503	2,664,851

21 Reconciliation ofnet move	ment in fu	nds to net cash	flow from opera	ting activities
			Note	2021f	2020f
Cash flows from operating activities
Net cash (expenditure)/income				(644,842)	112,858
Deduct interest income shown	in investing	activities	5	(205)	(13,286)
Decrease/(increase) in debtors			16	957,197	(1,004,114)
Increase in creditors			17	467,388	71,860
Net cash flows from operating	activities			779,538	(832,682)

				Unrestricted	Restricted	Total
			Note	funds	funds	2020f
Income and Endowments		from:
Donations				34,863	700,000	734,863
Investment income				13,286		13,286
Total Income				48,149	700,000	748,149
Expenditure on:
Raising funds				(246,195)		(246,195)
Charitable activities				(241,598)	(147,497)	(389,095)
Total Expenditure				(487,793)	(147,497)	(635,290)
Net (expenditure)/income				(439,644)	552,503	112,859
Net movement in funds				(439,644)	552,503	112,859
Reconciliation offunds
Total funds brought	forward			2,551,992		2,551,992
Total funds carried forward			19	2,112,348	552,503	2,664,851