2021-10-31-accounts - Heard Organisation Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

ONI(>Ill) MEDIA ACCOUNTS AND TRUSTEES REPORT ". NOV 2020- OCT 2021

				31.10.21	31.10.20
		Unrestricted	Restricted	Tata I	Total
		fund	fund	funds	funds
	Notes	E	f	6	E
FIXEDASSETS
Tangible assets	10	9,008		9,008	9,497
CURRENT ASSETS
Debtors	11	3,015		3,015	6,599
Cash at bank		311,628	324,568	636,196	292,400
		314,643	324,568	639,211	298,999
CREDITORS
Amounts falling due within one year	12	(195,305)	(224,631)	(419,936)	(223,032)
NET CURRENT ASSETS		119,338	99,937	219,725	75,967
TOTAL ASSETSLESSCURRENT LIABILITIES
		128,346	99,937	228,283	85,464
NET ASSETS		128,346	99,937	~228 283	85,464
FUNDS	14
Unrestricted funds				128,346	85,464
Restricted funds				99,937
TOTAL FUNDS				228,283	85,464

				31.10.21	31.10.20
			Notes	f	6
Cash flows from operating	activities
Cash generated from operations				348,591	153,530
Net cash provided by operating		activities		348,591	153,530
Cash flows from investing	activities
Purchase oftangible fixed	assets			~4,795)	(10,071)
Net cash used in investing	activities			(4,795)	$10,071)
Change in cash and cash equivalents			in the
reporting period				343,796	143,459
Cash and cash equivalents	at the	beginning of
the reporting period				292,400	148,941
Cash and cash equivalents	at the end		ofthe
reporting period				636,196	292,400

	RECONCIUATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					31.10.21	31.10.20
					6	E
	Net income for the reporting		period (as per the Statement of	Financial
	Activities)				142,819	28,920
	Adjustments for:
	Depreciation charges				4,743	2,228
	Loss on dlsposa Ioffixed assets				541	539
	Decrease/(increase)	in debtors			3,584	(4,984)
	(Decrease)/increase	in creditors			196,904	126,827
	Net cash provided	by operations			348,591	153,530
2.	ANALYSIS OF CHANGES IN NET FUNDS
				At 1.11.20	Cash flow	At 31.10.21
				E	6	6
	Net cash
	Cash at bank			292,400	343,796	636,196
	Total			292,400	343,796	636,196

			Unrestricted	Restricted	Total funds	Total funds
			Funds	Funds	31.10.21	31.10.20
			f	f	f	f
Donations			600		600	129
Esmee Fairbairn Foundation			60,000		60,000	35,000
Paul Hamlyn Foundation			45,833	30,000	75,833	44,165
City Bridge Trust			10,000	40,000	50(000	40,000
Unbound Philanthropy				50,000	50,000	50,000
Joseph Rountree Foundation				66,612	66,612	50,169
Trust for London				42,075	42,075	50,000
Barrow Cadbury Trust				25,000	25,000	25,000
Stonewall						1,000
Oak Foundation			38,951		38,951	8,470
CAF Coronavirus Emergency	Fund		4,332		4,332	2,168
End Violence Against Women						3,195
The Coutts Foundation						5,000
The True Colours Trust				71,274	71,274	11,450
The Climate Change Collaboration		of Mark		97,500	97,500	91,500
Leonard Trust, Ashden Trust	and JJ Charitable
Trust
Rosa Foundation				12,000	12,000
John Ellerman Foundation				4,168	4,168
National Lottery Community	Fund			28,572	28,572
Choose Love				11,672	11,672
Joseph Rowntree Charitable	Trust			25,000	25,000	25,000
The Tudor Trust				18,332	18,332	25,000
Tower Hamlets Council			10,000		10,000
The Roddick Foundation			25,000		25,000
Living Wage Foundation			3,940		3,940
Other Grants			32,504 i31.160»,		32,504 753,365	19,208 48, 5

3.	OTHER INCOME	OTHER INCOME	OTHER INCOME
							31.10.21	31.10.20
							f	f
	CIRSScheme						3,688
4.	CHARITABLE ACTIVITIES COSTS
							Support
						Direct	costs (see
						Costs	note Sj	Tots Is
						E	E	E
	Media support		and publications			34,441	579,793	614,234
						34,441	579,793	614,234
5.	SUPPORT COSTS
							Total	Total
				Staff Costs E	Otherf	Governance f	2021 E	2020 E
	Staffcosts			422,250			422,250	253,370
	Consulting				25,090		25,090	25,120
	Marketing				25,010		25,010	980
	HR support	and	recruitment		27,474		27,474	1,460
	Accountancy				5,312		5,312	1,435
	Audit fees					4,320	4,320	1,450
	Insurance				262		262
	ITcosts				9,449		9,449	4,329
	Other expenses				20,457		20,457	4,578
	Rent and rates				32,382		32,382	20,380
	Telephone				1,093		1,093	1,293
	Travel and subsistence				1,241		1,241	7,634
	Bank charges				169		169	352
	Depreciation				4,743		4,743	2,228
	Loss on disposal		ofassets		541		541	539
				422,250	153,223	4,320	579,793	325,148

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
				E	E	f
	INCOME AND	ENDOWMENTS	FROM
	Donations and	legacies		72,330	414,124	486,454
	Total			72,330	414,124	486,454
	EXPENDITURE	ON
	Charitable activity costs			43,410	414,124	457,534
	Total			43,410	414,124	457,534
	NET INCOME			28,920		28,920
	RECONCILIATION OF FUNDS
	Total funds brought forward			56,544		56,544
	TOTAL FUNDS	CARRIED FORWARD		85,464		85,464
10.	TANGIBLE FIXEDASSETS
				Fixtures
				and	Computer
				fittings	equipment	Total
				6	6	E
	COST
	At 1November	2020		5,554	7,310	12,864
	Additions			666	4,129	4,795
	Disposals				(842)	(842)
	At 31October 2021			6,220	10,597	16,817
	DEPRECIATION
	At 1November	2020		770	2,597	3,367
	Charge for year			2,149	2,594	4,743
	Eliminated on disposal				(301)	(301)
	At 31October 2021			2,919	4,890	7,809
	NET BOOK VALUE
	At 31October 2021			3,301	5,707	9,008
	At 31October 2020			4,784	4,713	9,497

DEBTORS:AMOUNTS F	ALLING DUE WITHIN ONE YEAR
		31.10.21	31.10.20
		E	E
Trade debtors		150	4,220
Other debtors		2,865	2,379
		3,015	6,599
CREDITORS: AMOUN1'5	FALLING DUE WITHIN ONE YEAR
		31.10.21	31.10.20
		E	E
Trade creditors		115	10,536
Social security and other	taxes		211
Other creditors		1,222	1,424
Accruals and deferred income		418,599	210,861
		419,936	223,032