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2020-12-31-accounts

FRANK LONGFORD CHARITABLE TRUST

Charity No. 1164701

Company No. CE005790

Trustees' Report and Unaudited Accounts

31 December 2020

FRANK LONGFORD CHARITABLE TRUST Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Summary Income and Expenditure Account 8
Balance Sheet 9
Notes to the Accounts 10 to 15
Detailed Statement of Financial Activities 16 to 17

Page 1

FRANK LONGFORD CHARITABLE TRUST Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2020.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE005790

Charity No. 1164701

Registered Office

42 Callcott Road London NW6 7EA

Correspondence Address

Longford Trust PO Box 72887 London N2 2FG

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

H. Billington

R. Billington OBE

A. Fletcher

J. Grant (Resigned 12 January 2021) V. Greenwood K. Pakenham (Deceased 19 July 2020) T. Pakenham

J. Podmore

J. Snow

Independent Examiner

Back Office Support Solutions Ltd Unit 111 Canalot Studios 222 Kensal Road London W10 5BN

Page 2

FRANK LONGFORD CHARITABLE TRUST

Trustees Annual Report

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the trust are for the public benefit:

(1) to advance the rehabilitation in society of persons suffering or who have suffered a legal restriction on their liberty in any penal or correctional establishment by educating the public (but only in such manner and by such means as shall not prevent the trust from being a charity) in the sciences of penology and criminology, social health and in the welfare and constructive treatment of such persons and the families of such persons.

(2) the relief of poverty, sickness and distress, and the preservation and protection of health of persons suffering or who have suffered a legal restriction on their liberty in any penal or correctional establishment, and the advancement of education and training such persons.

The trust has three programmes of work: its annual Longford Lecture on a subject of social or penal reform; its annual Longford Prize, given to an individual or organisation doing exceptional work in the field of prison reform; and the Longford scholarship programme, which gives financial and mentoring support to young serving and ex-prisioners who wish to continue their rehabilitation by studying for degrees and UK higher education institutions, including the Open University.

Public benefit

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance by the Charity Commission for England and Wales.

ACHIEVEMENTS AND PERFORMANCE

As with many charities, 2020 was a year of unforeseen challenges for the Longford Trust with the Covid pandemic. Our annual Longford Lecture and Longford Prize were postponed until 2021, and instead four short films shared with supporters about the lives of four of our current Longford Scholarship award-holders.

For those on the Longford Scholarship programme who were serving prison sentences (roughly 20% of the current cohort), 2020 was a year of 23-hour-a-day lockdown in their cells, with no access to education departments, libraries or face-to-face visits from their Longford Trust mentors, and only patchy day-release (where applicable) to go to local universities. What was most impressive was how almost all managed somehow to keep on track with their studies, finding deep reserves of resilience, and assisted in some cases by prison education teams prepared to go the extra mile to enable them to overcome the obstacles in their path.

For the 80% of our award-holders studying at university after leaving prison, there was all the disruption that other students experienced, including long spells of online-only teaching. For some, already fragile, it put new pressures on them, as was described by a powerful and much-commented-upon blog at the time on our website from a scholar who feared that he may return to old vices and end up failing in his studies as a result of the disruption caused to his life by Covid. Our office team and our volunteer mentors worked hard with him and others to offer support to see them through to more normal times.

Page 3

FRANK LONGFORD CHARITABLE TRUST

Trustees Annual Report

We were delighted that in the summer of 2020, our 15 graduating scholars counted mainly Firsts and 2:1s among their achievements. We maintained an 85% success rate among our award-holders of gaining degrees and moving into degree-level posts, with just under 4% returning to prison, as against national reoffending rates among all prisoners of 50%.

We made 18 new Longford Scholarship award in July 2020, most for the 3 years of a university degree. That figure was a drop from our usual numbers in the high twenties, but was explained by the uncertainty around how soon universities would return to normal, and a consequent high number of deferrals. And in the autumn of 2020, the second of our twice-yearly rounds of Frank Awards, for serving prisoners to undertake Open University modules behind bars, and so prepare themselves for release, saw a record number of applicants. Lockdown appeared to have awakened in some a realisation of the power of education to change lives and futures.

FINANCIAL REVIEW

The trust has no endowment. It receives restricted funds into two separate accounts - one to support the Longford Scholarships and Frank Awards and a second to support the Patrick Pakenham Awards, established in 2005 in memory of Patrick Pakenham, Lord Longford's barrister son. These awards are given to young ex-prisoners wanting to study Law at UK universities.

The trustees continue to maintain strong reserves capable of sustaining the range of the Longford Trust's work. They aim, therefore, to ensure that the annual lecture is not dependent solely on sponsorship and could endure if sponsorship ever proved hard to secure. Since many of the Longford Scholars are studying for degrees over a three or even four year period, the trust keeps sufficient funds, once we have accepted each individual on the scholarship programme, to cover the financial commitment made to them throughout their time at university.

Income raised in 2020 was £346,498 (2019: £307,475), with our fund-raising performance remaining robust. Our expenditure stood at £298,477 (2019: £267,712).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The day-to-day management of the trust is carried out by a director (Peter Stanford), a scholarship manager (Philippa Budgen), a mentoring manager (Natasha Maw), an administrator (Sara Boxer), an events and fund-raising manager (Jill Dale) and a moderator for the trust's secure app platform for scholars and mentors (Jason Dunne until 31 December 2020).

Key management remuneration

Mr Peter Stanford, Director for the charity received fees of £30,020 (excluding VAT ) during the year (2019: £32,359).

Related parties

The company has no related parties, other than as disclosed on note 19 of the accounts.

Statement of Trustees Responsibilities

The trustees (who are also the directors of Frank Longford Charitable Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 4

FRAMK LONGFORD CHARITABiE TRU Trust••s Anrxml Report Cornparry law required the trustees to prewjre finJnciJl ststemerrts foreach financi•l year 8Nie J Inie arKI fair view of the stste of affoirs of the charitable compony and of the incomin8 resources and applicarion of reSoUr￿s. irtluding the Incor￿ and expenditure. of ihe charttable company lor that period. In prÈpari those financial statemttsts. tht trustees are rtquired to: - selett suitable accountin8 FdKies and apply them consistenty: . observe the metws and principles in the Charity SORP: - miikp jud%e.ments and e5timJtes ihat arE reasonable and prudent- - weprare the finarKiol 5tsternents on the goi￿ ￿n￿rn ba515 unle55 it 15 InJppropriote to presume that the charitable (ompany will continL* in business. The trustees are resptsnsible for keeping proper accountln8 records that dlsdose Y4ith reasonable ￿Curac¥ at arry time the financial p￿lt￿fi of the chairty and to enable them to ensure that the Ilnanclal statemen compty with the Companies Act 20￿. The trustees •re also responsible for sate8uardin8 the J&%ets ofthe (hariry hence ukin8 rea$or￿ble sreps for the Pre¥ent1￿ arKI derectK)n of Jnd other irre8ulJriries. The èLThe report has been prepared In accord•nce wlth the provisions •pplkable to wmp•nies subject to the small Companies rtglme as set oui in Pan 15 of the Companies Act 2((6 ab)d In accordJrKe wth the c￿ritieS SORP IFRS 1021. Sl8 on behalf of t Ll Z I nOBE Trustee 31 December 2020 Page 5

FRANK LONGFORD CHARITABLE TRUST Independent Examiners Report

Independent Examiner's Report to the trustees of FRANK LONGFORD CHARITABLE TRUST

I report to the charity trustees on my examination of the accounts of FRANK LONGFORD CHARITABLE TRUST for the year ended 31 December 2020 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jing Zhao

Association of Chartered Certified Accountants Back Office Support Solutions Ltd Unit 111 Canalot Studios 222 Kensal Road

London

W10 5BN

29 June 2021

Page 6

FRANK LONGFORD CHARITABLE TRUST Statement of Financial Activities

for the year ended 31 December 2020

Unrestricted
funds
2020
Note
s
£
Income and endowments
from:
Donations and legacies
4
-
Charitable activities
5
44,021
Investments
6
283
Total
44,304
Expenditure on:
Raising funds
7
27,714
Charitable activities
8
13,792
Other
10
5,124
Total
46,630
Net gains on investments
-
Net income
11
(2,326)
Transfers between funds
-
Net income before other
gains/(losses)
(2,326)
Other gains and losses
Other Gains
-
Net movement in funds
(2,326)
Reconciliation of funds:
Total funds brought forward
(3,260)
Total funds carried forward
(5,586)
Unrestricted
funds
2020
Note
s
£
Income and endowments
from:
Donations and legacies
4
-
Charitable activities
5
44,021
Investments
6
283
Total
44,304
Expenditure on:
Raising funds
7
27,714
Charitable activities
8
13,792
Other
10
5,124
Total
46,630
Net gains on investments
-
Net income
11
(2,326)
Transfers between funds
-
Net income before other
gains/(losses)
(2,326)
Other gains and losses
Other Gains
-
Net movement in funds
(2,326)
Reconciliation of funds:
Total funds brought forward
(3,260)
Total funds carried forward
(5,586)
Restricted
funds
2020
£
302,194
-
-
Endowment
funds
2020
£
-
-
-
Total funds
2020
£
302,194
44,021
283
Total funds
2019
£
258,332
48,755
388
302,194
-
251,847
-
-
-
-
-
346,498
27,714
265,639
5,124
307,475
23,253
240,657
3,801
46,630
-
251,847
-
-
-
298,477
-
267,711
-
50,347
-
-
-
48,021
-
39,764
-
(2,326)
-
50,347
-
-
-
48,021
-
39,764
-
(2,326)
(3,260)
50,347
187,796
-
-
48,021
184,536
39,764
144,772
(5,586) 238,143 - 232,557 184,536

Page 7

FRANK LONGFORD CHARITABLE TRUST Summary Income and Expenditure Account

for the year ended 31 December 2020

Income
Net gains on investments
Interest and investment income
Gross income for the year
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net income before tax for the year
Net income for the year
2020
£
346,215
-
283
346,498
298,477
-
-
298,477
48,021
48,021
2019
£
307,087
-
388
307,475
267,711
-
-
267,711
39,764
39,764

Page 8

BalancÈ Sheet (￿?90 2020 2019 Current assets Investments Cash ai bank ar￿ in hand 351.502 3SI,$02 18S,145} 266357 266.357 268,035 268,035 {610991 205.936 Crnlitots: Amount lallln8 due wlthln or Y￿r 14 Totsl assets kn currEfrt IlJblltle5 205,936 (21.4(K)I cJ•dIto￿ Amounts frdllir due aftèr morn than onè yèar (33.8lXJI Provlslons fof lknbllltl•s Ner wtts ¢x¢ludlni orllèbSHty 232.557 184.$36 232,557 184,536 Thi fund5 of th• chaTIty ReAr6rted funds Restricted income funds 16 238,143 238.143 187,796 187.796 Gerbernl furK15 Ib {5.586) 15,586) {3.2601 {3.2601 Tutsl funds 232.557 184.536 These accounts have been prepared in x(oril•nce with the SF)e(ial provtsioDs of Part 15 of ihe Componbes Aci 2Q￿ relatinK to small companies. For the year ended 31 December 2020 Ihe compar)y entltkd io exempilon under secth)n 477 of the Companies Aci 2(x￿ reljiire to small companie The members have not required the comparry to obtlin an Judit in •rcqKdJrKe with 5¢ttion 476 of the compan￿ Act 2c￿. The direttry5 acknovAedze their rE5ponsibililies for(omplyin8 With the requirtfflents of the ¢￿panIeS Aci 21￿ with respect to JccountinK rErords 4nd ihe pre￿latIOn of account Apwoved by the board on 31 December 2020 AfKI si8￿d on it5 behjlf ty. 2z) Ll Trusree 31 De￿mber 2020 Pè8e 9

FRANK LONGFORD CHARITABLE TRUST Notes to the Accounts

for the year ended 31 December 2020

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

FRANK LONGFORD CHARITABLE TRUST Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 11

FRANK LONGFORD CHARITABLE TRUST

Notes to the Accounts

3
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses:
Gains on revaluation of fixed assets
Actuarial Gains on defined benefit pension
schemes
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
Unrestricted
£
Paddy Pakenham
-
Longford Scholarships
-
-
Unrestricted
funds
2019
£
-
48,755
-
388
-
49,143
23,253
39,895
3,801
66,949
-
(17,806)
-
(17,806)
-
-
-
(17,806)
14,546
(3,260)
Restricted
£
9,081
293,113
302,194
Restricted
funds
2019
£
258,332
-
-
-
-
258,332
-
200,762
-
200,762
-
57,570
-
57,570
-
-
-
57,570
130,226
187,796
Endowment
£
-
-
-
2019
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
2020
£
9,081
293,113
302,194
Total funds
2019
£
258,332
48,755
-
388
-
307,475
23,253
240,657
3,801
267,711
-
39,764
-
39,764
-
-
-
39,764
144,772
184,536
Total
2019
£
9,080
249,252
258,332

Page 12

FRANK LONGFORD CHARITABLE TRUST Notes to the Accounts

FRANK LONGFORD CHARITABLE TRUST
Notes to the Accounts
FRANK LONGFORD CHARITABLE TRUST
Notes to the Accounts
5
Income from charitable activities
Unrestricted
£
Annual lecture
7,330
Other charitable activities
36,691
44,021
Restricted
£
-
-
-
Endowment
£
-
-
-
Total
2020
£
7,330
36,691
44,021
Total
2019
£
20,884
27,871
48,755
6
Income from investments
Interest received
Unrestricted
£
283
283
Restricted
£
-
-
Endowment
£
-
-
Total
2020
£
283
283
Total
2019
£
388
388
7
Expenditure on raising funds
Unrestricted
£
Fundraising trading costs
Fundraising costs
27,714
27,714
8
Expenditure on charitable activities
Unrestricted
£
Expenditure on charitable
activities
Service and support of
scholars
-
Annual lecture
-
Other charitable activities
13,792
Grants made
-
13,792
Restricted
£
-
-
Restricted
£
75,050
4,906
-
171,891
251,847
Endowment
£
-
-
Endowment
£
-
-
-
-
-
Total
2020
£
27,714
27,714
Total
2020
£
75,050
4,906
13,792
171,891
265,639
Total
2019
£
23,253
23,253
Total
2019
£
74,932
30,275
15,920
119,530
240,657

Page 13

FRANK LONGFORD CHARITABLE TRUST Notes to the Accounts

9 Analysis of grants

Activity or programme
Grants to
Institutions
Grants to
Individuals
Support
Costs
Total
2020
£
£
£
£
Scholarships & awards
27,770
141,121
-
168,891
27,770
141,121
-
168,891
10 Other expenditure
Unrestricted
Restricted
Endowment
Total
2020
£
£
£
£
General administrative costs
866
-
-
866
Legal and professional costs
4,258
-
-
4,258
5,124
-
-
5,124
11 Net income before transfers
2020
This is stated after charging:
£
Independent Examiner's fee
900
12 Trustee remuneration and expenses
None of the trustees have been paid any remuneration in the current or prior periods.
None of the trustees have been paid any expenses in the current or prior periods.
13 Staff costs
No employee received emoluments in excess of £60,000.
14 Creditors:
amounts falling due within one year
2020
£
Grants to scholars pledged
81,545
Accruals and deferred income
3,600
85,145
15 Creditors:
amounts falling due after more than one year
2020
£
Grants to scholars pledged
33,800
33,800
Total
2019
£
119,530
119,530
Total
2019
£
801
3,000
3,801
2019
£
900
2019
£
59,100
2,999
62,099
2019
£
21,400
21,400

Page 14

FRANK LONGFORD CHARITABLE TRUST Notes to the Accounts

16 Movement in funds

At 1 January
2020
187,796
187,796
(3,260)
184,536
Incoming
resources
(including
other
gains/losses)
£
302,194
302,194
44,304
346,498
Resources
expended
£
Gross
transfers
£
-
-
-
-
At 31
December
2020
£
238,143
(251,847)
(251,847)
(46,630)
(298,477)
238,143
(5,586)
232,557
Unrestricted
funds
£
173,518
173,518
At 1 January
2020
£
Restricted
funds
£
92,839
92,839
Cash flows
£
Endowment
funds
£
-
-
New
HP/Finance
leases
£
Total
£
266,357
266,357
At 31
December
2020
£
268,035 83,467 351,502
268,035
268,035
83,467
83,467
-
-
351,502
351,502

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 15

FRANK LONGFORD CHARITABLE TRUST Detailed Statement of Financial Activities

for the year ended 31 December 2020

Income and endowments from:
Donations and legacies
Paddy Pakenham
Longford Scholarships
Charitable activities
Annual lecture
Other charitable activities
Investments
Interest received
Total income and endowments
Expenditure on:
Costs of other trading activities
Fundraising costs
Total of expenditure on raising
funds
Charitable activities
Service and support of scholars
Annual lecture
Other charitable activities
Grants made
Total of expenditure on
charitable activities
General administrative costs,
including depreciation and
amortisation
General insurances
Legal and professional costs
Unrestricted
funds
2020
£
-
-
Restricted
funds
2020
£
9,081
293,113
Endowment
Funds
2020
£
-
-
Total funds
2020
£
9,081
293,113
Total funds
2019
£
9,080
249,252
- 302,194 - 302,194 258,332
7,330
36,691
-
-
-
-
7,330
36,691
20,884
27,871
44,021 - - 44,021 48,755
283 - - 283 388
283 - - 283 388
44,304
27,714
-
-
302,194
-
-
-
-
-
-
-
346,498
27,714
-
-
307,475
23,253
-
-
27,714 - - 27,714 23,253
27,714
-
-
13,792
-
-
-
75,050
4,906
-
-
171,891
-
-
-
-
-
-
27,714
75,050
4,906
13,792
-
171,891
23,253
74,932
30,275
15,920
-
119,530
13,792 251,847 - 265,639 240,657
13,792
866
251,847
-
-
-
265,639
866
240,657
801
866 - - 866 801

Page 16

FRANK LONGFORD CHARITABLE TRUST Detailed Statement of Financial Activities

Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other
costs
Total expenditure
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other recognised gains and losses
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4,200
58
-
-
-
-
4,200
58
3,000
-
4,258 - - 4,258 3,000
5,124 - - 5,124 3,801
46,630
-
251,847
-
- 298,477
-
267,711
-
-
(2,326)
-
50,347
-
-
-
48,021
-
39,764
-
(2,326)
-
50,347 -
-
48,021
-
39,764
-
-
(2,326) 50,347 - 48,021 39,764
(3,260) 187,796 - 184,536 144,772
(5,586) 238,143 - 232,557 184,536

Page 17