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||Reference and Administrative|Details|Details|
|---|---|---|---|
||Co-Chairs' Report|||
||~<br>Our Finances|||
||Who We Are|||
||Trustees Report|||
||~<br>Trustees Responsibilities|||
|12|~<br>Statement ofTrustees'|Responsibilities||
|12|~<br>Statement ofdisclosure||to our auditors|
|13|Independent<br>Auditors'<br>Report|||
|17|Statement of Financial Activities|||
|18|Balance sheet|||
|20|Notes to the Accounts|||
|33|Prior Year Statement ofFinancial||Activities|





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||Note|||||
|Income and Endowments|from:||||||
|Donations<br>and legacies|||76,981|2,425,000|2,501,981|760,210|
|Other trading activities|||208,333||208,333|83,333|
|Investment<br>income|||158||158|205|
|Total Income|||285,472|2,425,000|2,710,472|843,748|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||(67,802)|(2,383,458)|(2,451,260)|(1,228,045)|
|Raising funds|||(283,225)||(283,225)|(177,212)|
|Costs oftrading<br>activities|||(114,593)||(114,593)|(104,522)|
|Total Expenditure|||(465,620)|(2,383,458)|(2,849,078)|(1/09,779)|
|Net (expenditure)/income|||(180,148)|41,542|(138,606)|(666,031)|
|Net movement<br>in funds|||(180,148)|41,542|(138,606)|(666)031)|
|Reconciliation<br>offunds|||||||
|Total funds brought<br>forward|||1,804,683|194,13S|1,998,821|2,664,851|
|Total funds carried forward||18|1,624,535|235,680|1,860,215|1/98,820|





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|Consolidat|ed<br>Ba|lance Sheet as a|t 31March 2022||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note|||
|Current<br>assets|||||||
|Debtors||||15|1,005,730|10,038|
|Cash at bank|and in hand|||14|2,379,962|2,547,475|
||||||3@85,692|2,557,513|
|Creditors: Amounts||falling due within|one year|16|((,525,477)|~(553,693|
|Net assets|||||1,860/15|1,998,820|
|Funds ofthe|group:||||||
|Restricted funds|||||235,680|194,138|
|Unrestricted|income|funds|||||
|Unrestricted|funds||||1,624&535|1,804,6S2|
|Total funds||||18|1&860&215|1,998,S20|





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||Balance S|heet as|at 31March 2022||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note|||
||Fixed assets||||||
||Investments||||||
||Current<br>assets||||||
||Debtors|||15|1,081,538|61,984|
||Cash at bank|and in hand||14|2,379,962|2,547,475|
||||||3,461,500|2,609,459|
||Creditors: Amounts||falling due within one year|16|(1,593,882)|(589,451)|
||Net current|assets|||1,867,618|2,020,008|
||Net assets||||1,867,619|2,020,009|
||Funds ofthe|charity:|||||
||Restricted funds||||235,680|194,138|
||Unrestricted|income|funds||||
||Unrestricted|funds|||1,631,939|1,825,871|
|'|Total funds|||18|1,867,619|2,020,009|
||Authorised<br>for issue on ~$%..23||||||
||and signed on<br>eir behalf by:||||||





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|Consolidated<br>Statement ofCash Flows for th|e Year Ended 3l Ma|rch 2022||
|---|---|---|---|
|||2022|2021|
||Note|||
|Cash flows from operating<br>activities||||
|Net cash flows Born operating<br>activities|20|(167,671)|779,538|
|Cash flows from investing<br>activities||||
|Interest receivable<br>and similar income||158|205|
|Cash flows from financing<br>activities||||
|Repayment ofloans and borrowings|16||(1,000,000)|
|Net decrease in cash and cash equivalents||(167,513)|(220,257)|
|Cash and cash equivalents<br>at 1 April||2+47,475|2,767,732|
|Cash and cash equivalents<br>at 31March||2,379/62|2,547,475|





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|Statement ofCash Flows for the Year Ended|31March 2022||||
|---|---|---|---|---|
|||2022|2021||
||Note||||
|Cash flows from operating<br>activities|||||
|Net cash flows f'rom operating<br>activities|20|- (167,671)|779,538||
|Cash flows from investing<br>activities|||||
|Interest receivable<br>and similar income||158||205|
|Short-term<br>investments|||||
|Net cash flows from investing<br>activities||158||205|
|Cash flows from financing<br>activities|||||
|Repayment ofloans and borrowings|16||(1,000,000)||
|Net decrease in cash and cash equivalents||(167,513)|(220,257)||
|Cash and cash equivalents<br>at 1 April||2,547,475|2,767,732||
|Cash and cash equivalents<br>at 31March||2,379,962|2/47,|475|





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||||||Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|
||||||funds|||||
|||||||Restricted||Total|Total|
||||||General|funds||2022|2021|
||Donations||||165|||165|219|
||Grants|||||2,425,000||2,425,000|700,000|
|Donated services||||and facilities|76,816|||76,816|59,991|
||||||76,981|2,425,000||2,501,981|760,210|
|4|Income|from||other trading activities||||||
|||||||Unrestricted||||
|||||||funds||||
|||||||||Total|' Total|
|||||||General||2022|2021|
|Sponsorship||income||||208,333||208,333|83,333|
|||||||208,333||20&,333|83,333|
|5|Investment||income|||||||
|||||||Unrestricted||||
|||||||funds||||
|||||||||Total|Total|
|||||||General||2022|2021|
|Interest receivable||||and similar income;||||||
||Interest receivable on bank deposits.||||||158|158|205|





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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|2022|2021|
|project grants||2,149,018|2,149,018|823,073|
|Project delivery costs||15,504|15,504|7,244|
|project management||36,600|36,600|40,000|
|Project evaluation||20,683|20,683|25,042|
|Support and Gov'nce|67,802|161,653|229,455|332,686|
||67,802|2,383,458|2,451,260|1,228,045|
||2021|2021|Total|Total|
||Unrestricted|Restricted|2022|2021|
|Salaries, wages and related costs|9,038|82,513|91,551|125,404|
|General office costs|14,946|4,993|19,939|12,826|
|Governance<br>costs|2337|3,570|5,907|118,673|
|Freelance costs||70,577|70,577|25,076|
|Donations<br>in kind|41,481||41,481|50,077|
||67,802|161,653|229,455|332,056|





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|Analysis ofcosts|on raising funds|||||
|---|---|---|---|---|---|
||Cost ofraising||Total|Cost ofraising|Total|
||funds|Other costs|2022|funds|2021|
|Salaries,||||||
|wages and||||||
|related costs|117,858||117,858|108,452|108,452|
|General office||||||
|costs|21,272||21,272|32,164|32,164|
|Freelance and||||||
|consultancy||||||
|costs|69,433||69,433|16,562|16,562|
|Support and||||||
|governance||||||
|costs|39,326||39,326|10,120|10,120|
|Donation<br>in||||||
|kind|35,335||35,335|9,914|9,914|
||283,224||283,224|177,212|177,212|



|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2022|2021|
||||Note||||
|Trading|subsidiary|costs||114,593|114,593|104,522|
|||||114,593|114,593|104,522|





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|8<br>Net incoming/outgoing|8<br>Net incoming/outgoing|resources|||
|---|---|---|---|---|
|Net incoming/outgoing|resources for the year include:||||
||||2022|2021|
|Group|||||
|Staff pensions|||12,312|11,355|
|Trustee expenses|||57|85|
|Audit fees|||22,300|9,600|
|Non audit fees||||2,667|
|Legal and professional|fees||5,303|21,210|
||||39,972|44,917|
|Net incoming/outgoing|resources for the year include:||||
||||2022|2021|
|Charity|||||
|Staff pensions|||12,312|11,355|
|Trustees expenses|||57|85|
|Audit fees|||22,300|9,600|
|Non-audit<br>fees||||2,667|
|Legal and professional|fees||5,303|21,210|
||||39,972|44,917|





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|||2022|2021|
|---|---|---|---|
|Staffcosts during|the year were:|||
|Wages and salaries||271,156|250,726|
|Social security costs||26,653|24,210|
|Pension costs||12,312|11,355|
|Other staff costs||4,621|1,419|
|Freelance||114,563|135,234|
|||429,305|422,944|



|2022|2021|
|---|---|
|No|No|





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|2022|2021|
|---|---|
|No|No|



|Programme|delivery|
|---|---|
|Fundraising||
|Administrative||



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|b) Futurelondon<br>Ent|erprises<br>Limited (FLE)||||
|---|---|---|---|---|
||2022||2021||
||Donation-||Donation-||
||in-kind|Expenditure|in-kind|Expenditure|
|Group|||||
|LLDC|76,816|76,816|59,991|59,991|



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||2022|Donation-||||
|---|---|---|---|---|---|
||Income|in-kind|Expenditure|Debtor||
|Charity||||||
|LLDC||76,816|76,816|||
|FLE|173,159||||6,295|
||173,159|76,816|76,816||6,295|





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||2021|Donation-||||
|---|---|---|---|---|---|
||Income|in-kind|Expenditure|Dehtor||
|Charity||||||
|LLDC||59,991|59,991|||
|FLE|51,947||||5,537|
||51,947|59,991|59,991||5,537|



||||2022|2021|
|---|---|---|---|---|
|Other fees to auditors|||||
|The auditing ofaccounts ofany associate ofthe charity|||22,300|9,600|
|All other non-audit<br>services||||2,667|
||||22,300|12,267|
|12 Taxation|||||
|Tax charged/(credited)|in the statement offinancial|activities|||
||||2022|2021|





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||Group||Charity||
|---|---|---|---|---|
||2022|2021|2022|2021|
|Cash at bank|2,379,962|2,547,475|2,379,962|2,547,475|
|15 Debtors|||||
||Group||Charity||
||2022|2021|2022|2021|
|Trade debtors|745,082||820,891|51,947|
|Prepayments|10,648|10,037|10,647|10,037|
|Accrued income|250,000||250,000||
|Other debtors|1||||
||1,005,731|10,038|1,081,538|61,984|
|16 Creditors: amounts|falling due within one year||||
||Group||Charity||
||2022|2021|2022|2021|
|Trade creditors|224,054|146,899|224,054|142,960|
|Accruals|1,094,582|390,296|1,091,283|387,097|
|Taxation and pensions|6,841|21,498|9,031|12,983|
|Other creditors|||69,514|46,411|
|Deferred income|200,000||200,000||
||1,525,477|558,693|1,593,882|589,451|





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|Deferred|income|||
|---|---|---|---|
||||2022|
|Group||||
|Resources|deferred|in the period|200,000|
|Deferred|income at|31March 2022|200,000|
||||2022|
|Charity||||
|Resources|deferred|in the period|200,000|
|Deferred|income at|31March 2022|200,000|



## 

||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2022|2021|2022|2021|
|Creditors|(1,525,477)|(558,693)|(1,593,882)|(589,450)|
|Debtors|1,005,731|10,038|1,081,538|61,984|
|Cash|2,379,962|2,547,475|2,379,962|2,547,475|
||1,860,216|1,998,820|1,867,618|2,020,009|





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|Group|||||||
|---|---|---|---|---|---|---|
||||Balance at 1|Incoming|Resources|Balance at31|
||||April 2021|resources|expended|March 2022|
|General|||||||
|General Funds|||1,654,682|285,472|(465,620)|1,474,534|
|Designated|||||||
|Designated|Funds||150,000|||150,000|
|Total unrestricted||funds|1,804,682|285,472|(465,620)|1,624,534|
|Restricted funds|||||||
|Restricted|Funds||194,138|2,425,000|~02,383,458|235,680|
|Total funds|||1,998,820|2,710,472|(2,849,078)|1,860,214|
||||Balance at 1|Incoming|Resources|Balance at31|
||||April 2020|resources|expended|March 2021|
|General|||||||
|General Funds|||1,962,348|143,748|(451,414)|1,654,682|
|Designated|||||||
|Designated|Funds||150,000|||150,000|
|Total unrestricted||funds|2,112,348|143,748|(451,414)|1,804,682|
|Restricted funds|||||||
|Restricted|Funds||552,503|700,000|~3,058,365)|194,138|
|Total funds|||2,664,851|843,748|(1,509,779)|1,998,820|





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|Charity|||||||
|---|---|---|---|---|---|---|
||||Balance at 1|Incoming|Resources|Balance at31|
||||April 2021|resources|expended|March 2022|
|General|||||||
|General funds|||1,675,871|157,095|(351,027)|1,481,939|
|Designated|||||||
|Designated<br>funds|||150,000|||150,000|
|Total Unrestricted||funds|1,825,871|157,095|(351,027)|1,631,939|
|Restricted funds|||||||
|Westfield<br>Stratford City|||81,414|2,193,203|(2,205,910)|68,707|
|City ofLondon|||112,724|325,000|(270,751)|166,973|
|Total restricted|funds||194,138|2,518,203|(2,476,661)|235,680|
|Total funds|||2,020,009|2,675,298|(2,827,688)|1,867,619|
||||Balance at 1|Incoming|Resources|Balance at31|
||||April 2020|resources|expended|March 2021|
|General|||||||
|General funds|||1,962,348|60,415|(346,892)|1,675,871|
|Designated|||||||
|Designated<br>funds|||150,000|||150.000|
|Total unrestricted||funds|2,112,348|60,415|(346,892)|1,825,871|
|Restricted funds|||||||
|Westfield<br>Stratford City|||429,746|501,947|(850,279)|81,414|
|City ofLondon|||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|~3,457,204|2,020,009|





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|Group||||
|---|---|---|---|
|||Restricted||
||General|funds|Total funds|
|2022||||
|Cash at bank and in hand|959,438|1,420,524|2,379,962|
|C(nYent assets/(liabilities)||||
|Total net assets|857,948|1,002,267|1,860,215|
|||Restricted||
||General|funds|Total funds|
|2021||||
|Cash at bank and in hand|2,353,337|194,138|2,547,475|
|Current assets/(liabilities)||||
|Total net assets|2,229,119|~(230,298|1,998,821|



## 

|Charity|||||
|---|---|---|---|---|
||||Restricted||
|||General|funds|Total funds|
|2022|||||
|Cash at <br>Current|bank and in hand<br> assets/(liabilities)|959,438<br>(94,0873|1,420,524<br> ~(418,257|2,379,962<br>~(512,344|
|Total net assets||865,351|1,002,267|1,867,618|
||||Restricted||
|||General|funds|Total funds|
|2021|||||
|Cash at|bank and in hand|2,353,337|194,138|2,547,475|
|Current|assets/(liabilities)|(103,031)|(424,436)|(527,467)|
|Total net assets||2,250,306|(230,298)|2,020,008|





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|20Reconci|liation|ofnet mo|v|ements<br>in funds to net ca|sh flow from operating|activities||
|---|---|---|---|---|---|---|---|
|||||||Consolidated||
|||||||2022|2021|
|Cash flows|from operating||activities|||||
|Net cash expenditure||||||(138,604)|(666,030)|
|Investment|income||||5|(158)|(205)|
|(Increase)/decrease||in debtors|||15|(995,693)|962,734|
|Increase in|creditors||||16|966,784|483,039|
|Net cash flows fiom||operating||activities||167,671)|779,538|
|||||||Charity||
|||||||2022|2021|
||||||Note|||
|Cash flows|from operating||activities|||||
|Net cash expenditure||||||(132,401)|(644,842)|
|Investment|income||||5|(158)|(205)|
|(Increase)/decrease||in debtors|||15|(1,039,543)|957,197|
|Increase in|creditors||||16|804,431|467,388|
|Increase in|deferred|income||||200,000||
|Net cash flows &om||operating||activities||167,671)|779,538|





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|21Prior year comparison|ofSOFA for the year ended 31|March 2021|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|2021|
|Income and Endowments|from:||||
|Donations<br>and legacies||60,210|700,000|760,210|
|Other trading activities||83,333||83,333|
|Investment<br>income||205||205|
|Total Income||143,748|700,000|843,748|
|Expenditure<br>on:|||||
|Charitable<br>activities||(169,680)|(1,058,365)|(1,228,045)|
|Raising funds<br>Costs oftrading<br>activities||(177,212)<br>~(104,522||(177,212)<br>(104,522|
|Total Expenditure||(451,414)|(1,058,365|(1,509,779|
|Net expenditure||(307,666)|(358,365)|(666,031|
|Net movement<br>in funds||(307,666)|(358,365)|(666,031)|
|Reconciliation<br>offunds|||||
|Total funds brought forward||2,112,348|552,503|2,664,851|
|Total funds carried forward|18|1,804,682|194,138|1,998,820|