| Page | |||||
|---|---|---|---|---|---|
| Reference and Administrative | Details ofthe Company, | its Trustees | and Advisers | ||
| Trustees' Report |
2-4 | ||||
| Trustees' Responsibilities Statement |
|||||
| Independent Auditors' |
Report | on the Financial Statements | 6-9 | ||
| Statement of Financial |
Activities | 10 | |||
| Balance Sheet | 11-12 | ||||
| Statement ofCash Flows | |||||
| Notes to the Financial | Statements | 14-20 |
| Trustees | DS Levin | |||||
|---|---|---|---|---|---|---|
| N S Levin | ||||||
| Company | registered | |||||
| number | 09500717 | |||||
| Charity registered | ||||||
| number | 1162176 | |||||
| Registered | office | 64 New Cavendish | Street | |||
| London | ||||||
| W1G 6TB | ||||||
| Auditors | Harris 8 Trotter LLP | |||||
| Chartered | accountants | and Registered | Auditors | |||
| 64 New Cavendish | Street | |||||
| London | ||||||
| W1G BTB |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| Note | 2021 E |
2021 E |
2020f | |||
| Donations and legacies |
3 | 3,300,000 | 3,300,000 | |||
| Total Income | 3,300,000 | 3,300,000 | ||||
| Expenditure on: |
||||||
| Charitable activities: |
||||||
| Grants and donations | paid | 4,254 | 4,254 | 5,753 | ||
| Supportcosts | 37,829 | 37,829 | 45,659 | |||
| Total expenditure | 42,083 | 42,083 | 51,412 | |||
| Net movement in funds |
3,257,917 | 3,257,917 | (51,412) | |||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 1,073,115 | 1,073,115 | 1,124,527 | ||
| Net movement in funds |
3,257,917 | 3,257,917 | (51,412) | |||
| Total funds carried | forward | 4,331,032 | 4,331,032 | 1,073,115 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 6 | 5 | ||||
| Cash flows from operating | activities | ||||
| Net cash used in operating |
activities | (39,823) | (50,138) | ||
| Cash flows from investing | activities | ||||
| Net cash provided by investing activities |
|||||
| Cash flows from financing | activities | ||||
| Net cash provided by financing activities |
|||||
| Change In cash and cash |
equivalents in |
the year | (39,823) | (60,138) | |
| Cash and cash equivalents | at the beginning | ofthe year | 1,076,189 | f, 125,327 | |
| Cash and cash equivalents | at the end of | the year | 1,036,366 | 1,075,189 | |
| The notes on pages 14to 20 form part ofthese financial | statements |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2021 F |
2021 F |
2020f |
| 3,300,000 | 3,300,000 |
| Grants to | |||
|---|---|---|---|
| Charities | |||
| and | Total | Total | |
| individuals | funds | funds | |
| 2021 | 2021 | 2020 | |
| E | F | E | |
| Grants payable | 4,254 | 4,264 | 5,753 |
| Total 2020 | 5,753 | 5,753 |
| Grants | Support | Total | Total | ||
|---|---|---|---|---|---|
| payable | costs | funds | funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| F | E | E | E | ||
| Unrestricted | funds | 4,254 | 37,829 | 42,083 | 51,411 |
| Total 2020 | 5,753 | 45,658 | 51,411 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||
| 2021 E |
2021 E |
2020f | ||||||
| Staff costs | 31,609 | 31,609 | 31,129 | |||||
| Administrative | costs | 660 | 660 | 10,074 | ||||
| Governance | costs | 5,560 | 5,560 | 4,455 | ||||
| 37,829 | 37,829 | 45,658 | ||||||
| Total 2020 | 45,658 | 45,658 | ||||||
| 6. | Governance | costs | ||||||
| Unrestricted | Total | Total | ||||||
| funds | funds | funds | ||||||
| 2021 | 2021 | 2020 | ||||||
| E | E | E | ||||||
| Accountancy | fees | 5,280 | 5,280 | 4,140 | ||||
| Bank charges | 280 | 280 | 315 | |||||
| 5,560 | 5,560 | 4,455 | ||||||
| 7. | Staff costs | |||||||
| 2021 | 2020 | |||||||
| E | E | |||||||
| Wages and | salaries | 28,030 | 27,731 | |||||
| National insurance |
2,877 | 2,735 | ||||||
| Contribution | to defined | contribution | pension schemes | 702 | 663 | |||
| 31,609 | 31,129 |
| NOTES TO THE FINANCIAL | NOTES TO THE FINANCIAL | NOTES TO THE FINANCIAL | STATEMENTS | STATEMENTS | ||||
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2021 | ||||||||
| 7. | Staff costs (continued) | |||||||
| The average number ofpersons employed | by | the Company | during the year was as follows: | |||||
| 2021 | 2020 | |||||||
| No. | No. | |||||||
| Employees | ||||||||
| No employee received |
remuneration amounting |
to more | than | 660,000 in either year. | ||||
| 8. | Trustees' remuneration |
and expenses | ||||||
| During the year, no Trustees received any | remuneration | or other benefits (2020-fNIL]. | ||||||
| During the year ended | 31 | March 2021, no | Trustee expenses | have been incurred (2020-fNIL). | ||||
| 9. | Fixed asset Investments | |||||||
| Listed | ||||||||
| investments | ||||||||
| 8 | ||||||||
| Cost or valuation | ||||||||
| Additions | 3,300,000 | |||||||
| At 31 March 2021 | 3,300,000 | |||||||
| Net book value | ||||||||
| At 31 March 2021 | 3,300,000 | |||||||
| 10. | Debtors | |||||||
| 2021 6 |
2020f | |||||||
| Due within one year | ||||||||
| Other debtors | 2,200 | |||||||
| 2,200 |
| Analysis of net assets between funds -current ye | ar | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2021 | 2021 | |
| E | ||
| Fixed asset investments | 3,300,000 | 3,300,000 |
| Current assets | 1,035,366 | 1,036,366 |
| Creditors due within one year | (4,334) | (4,334) |
| Total | 4,331,032 | 4,331,032 |
| Analysis | of n | et ass | ets | between funds - prior year |
||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2020f | 2020 E |
|||||
| Current | assets | 1,077,389 | 1,077,389 | |||
| Creditors | due | within | one | year | (4,274) | I'4,274) |
| Total | 1,073,115 | 1,073,115 |