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2021-03-31-accounts

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