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|Contents|||Page|
|Charitable
Company|("The Foundation" ) Information|||
|Trustees'
Report||||
|Independent
Auditor's|Report|||
|Statement of Financial|Activities|||
|Balance Sheet||||
|Cash Flow Statement|||10|
|Notes to these Financial Statements||||
|Detailed Statement
of Financial||Activities|17|
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||||||Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
||||||General|||
|||||Note|Funds|31.03.22|31.03.21|
|INCOME||||||||
|Donations|||||1,239,921|1,239,921|1,223,350|
|Totallncome|||||1,239,921|1,239,921|1,223,350|
|EXPENDITURE||||||||
|Charitable
activities|||||296,563|296,563|608,085|
|Total Expenditure|||||296,563|296,563|608,085|
||||||943,358|943,358|615,265|
|Net gains/(losses)|||on|||||
|investments|||||(55,625)|(55,625)|30,130|
|Net Income|for|the|year and net|||||
|movement|in funds||||887,733|887,733|645,395|
|Reconciliation||offunds:||||||
|Total funds|brought||forward||1,452,187|1,452,187|806,792|
|Total funds|carried||forward||2,339,920|2,339,920|1,452,187|
|BALANCE SHEET|||||
|---|---|---|---|---|
|31 March 2022|||||
||||31.03.22|31.03.21|
|||Notes|||
|FIXEDASSETS:|||||
|Investments|||2,029,154|1,461,284|
|CURRENT ASSETS:|||||
|Cash at bank|||322,535|11,608|
||||322,535|11,608|
|CREDITORS: Amounts|falling||||
|due within one year||8|11,769|20,705|
|NET CURRENT ASSETSI|||||
|(LIABILITIES):|||310,766|(9,097)|
|TOTAL NET ASSETS|||2,339,920|1,452,187|
|RESERVES:|||||
|General
fund —Unrestricted|||2,339,920|1,452,187|
|TOTAL CHARITY FUNDS|||2,339,920|1,452,187|
##
||||||Year Ended|Year Ended|
|---|---|---|---|---|---|---|
||||||31.03.22|31.03.21|
|||||Notes|||
|Cash flows from|operating|activities|||||
|Cash generated
from operations||||10|~299,558)|~593,898)|
|Net cash provided
by operating|||activities||~299,558)|~593,898)|
|Cash flows from|investing|activities|||||
|Purchase
offixed asset investments
Sale offixed asset investments|||||610,485|(1,219,450)
1,817,448|
|Net cash provided|by investing||activities||610,485|597,998|
|Change
in cash|and cash|equivalents|||||
|in the reporting|period||||310,927|4,100|
|Cash and cash equivalents||at|the||||
|beginning
ofthe|reporting|period|||11,608|7,508|
|Cash and cash equivalents||at|the end||||
|ofthe reporting|period||||322,535|11,608|
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||31.03.22|31.03.21|
|Costs Directly Allocated to Grant and Donations|||||Activities||||
|Grants and Donations|||||||287,000|597,998|
||||||||287,000|597,998|
|An analysis of material|grants payable|to|institutions||in support or their||charitable causes is|as follows:|
||||||||31.03.22|31.03.21|
|Prism The Gift Fund|||||||38,500||
|Sands Fundraising
Account|||||||10,000||
|INTO University
City Harvest
Ltd
Spread A Smile
Christian
Solidarity
Worldwide|||||||38,500
10,000
48,000|27,431
177,388|
|Noah's
Ark Children's|Hospice|||||||23,774|
|OnSide Youth Zones|||||||38,500|69,492|
|Peek Vision|||||||15,000|69,492|
|Shelter||||||||21,945|
|Women's
Aid||||||||34,746|
|Trussell Trust|||||||38,500|10,058|
|Hammersmith
8 Fulham
Food Bank||||||||10,058|
|Girton College Bursaries for Talented
Students
from Lower
Families, Cambridge
University
Thomas's
Foundation
Summer Schools for Disadvantaged||||||Income
Children|25,000|67,663
36,575|
|Somerville
College Bursaries for Students
Backgrounds,
Oxford University|||from|Lesser Financial|||25,000|49,376|
||||||||287,000|597,998|
##
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|analysis|ofgrants
by nature of project being suppo|rted
is as follows:||
|---|---|---|---|
|||31.03.22|31.03.21|
|Social Welfare
Education
Health
& Medical Services
Human
Rights||78,000
88,500
63,500
48,000|138,984
153,614
128,012
177,388|
|||287,000|597,998|
##
|Paid from U|nrestricted
Funds||||
|---|---|---|---|---|
||||31.03.22|31.03.21|
|Support Costs
Governance
Costs|||(37)
9,600|2,887
7,200|
||||9,563|10,087|
|Total charitable
expenditure|||296,563|608,085|
|OPERATING|SURPLUS||||
|The operating|surplus
is stated after charging|the following:|||
||||31.03.21|31.03.21|
|Auditor's
Taxation|remuneration
services and secretarial fees||9,600
(37)|7,200
2,887|
##
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|||31.03.22|31.03.21|
|---|---|---|---|
|Cost or Valuation||||
|As at 1"April 2021||1,461,284|809,702|
|Additions
in the|Year|1,223,980|2,438,900|
|Disposals
Revaluations||(610,485)
(55,625)|(1,817,448)
30,130|
|As at 31"March|2022|2,029,154|1,461,284|
|Cost or Valuation|at 31"March 2022:|||
|||31.03.22|31.03.21|
|Cost||2,083,495|1,557,148|
|Net Gain/(Losses)
Investments|on|(54,341)|(95,864)|
|As at 31"March 2022||2,029,154|1,461,284|
##
|||31.03.22|31.03.21|
|---|---|---|---|
|||E||
|Other creditors||3,259|12,496|
|Accruals and Deferred|income|8,510|8,209|
|||11,769|20,705|
##
||||||31.03.22|31.03.21|
|---|---|---|---|---|---|---|
||Net income for the reporting
Financial Activities)|||period (as per the Statement of|943,359|615,265|
||Adjustments
for:||||||
||Non-cash
donations
Increase/(decrease)|in creditors|||(1,233,980)
(8,936)|(1,219,450)
10,287|
||Net cash provided|by operations|||299,558|593,898|
|11.|ANALYSIS OF CHANGES||IN NET FUNDS||||
|||||At 1.04.21|Cash flow|31.03.22|
||Net Cash|||||F|
||Cash at bank|||11,608|310,927|322,535|
||Total|||11,608|310,927|322,535|
|INCOME AND EXPENDITURE ACCOUN
Year Ended 31 March 2022|T|||||
|---|---|---|---|---|---|
|||2022||2021||
|Income||||||
|Donations|||1,239,921||1,223,350|
|Expenditure||||||
|Legal and professional|(37)|||2,887||
|Auditor's
remuneration|9,600|||7,200||
|Grants and donations||||||
|payable|287,000|||597,998||
||||296,563||608,085|
||||943,358||615,265|
|Gains/(losses)
on Investments||||||
|Net gains/(losses)
on investments|||(55,625)||30,130|
|Net Surplus for the Year|||887,773||645,395|