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|Financial stateme|nts||
|---|---|---|
|Statement
offinancial|activities|13|
|Balance sheet||14|
|Statement
ofcash flows||15|
|Principal accounting|policies|16|
|Notes to the financial|statements|18|
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|||||||Year to|||Year to|
|---|---|---|---|---|---|---|---|---|---|
|||||||31 March|||31 March|
|||||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
|||||funds|funds|Total|funds|funds|Total|
||||Notes|E|R||R|E||
|Income from:||||||||||
|Donations|||1|2,593,169||2,593,169|1,457,837||1,457,837|
|Coronavirus|Job|Retention||||||||
|Scheme||||26,627||26,627||||
|Investment|income|||64||64||||
|Total income||||2,619,860||2,619,860|1,457,837||1,457,837|
|Expenditure|on;|||||||||
|Chaiitable|activities—|||||||||
|Promoting|and enhancing|||||||||
|charitable|work|||||||||
|.Grants payable|||3|2,466,267||2,466,267|1,311,712||1,311,712|
|.Support costs|||4|153,593||153,593|146,125|14,520|160,645|
|Total expenditure||||2,619,860||2,619,860|1,457,837|14,520|1,472,357|
|Net expenditure||and net||||||||
|movement|in funds|||||||(14,520)|(14,520)|
|Reconciliation
of||funds||||||||
|Total funds|at
1 April 2020|||||||14,520|14,520|
|Total funds|at 31|March 2021||||||||
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|||||2021|2020|
|---|---|---|---|---|---|
|||||Total|Total|
||||Notes|||
|Current assets||||||
|Debtors|||7|1,172,352|1,214,144|
|Cash at bank and|in|hand||1,834|5,803|
|||||1,174,186|1,219,947|
|Liabilities||||||
|Creditors: falling due||within one year|8|(1,112,224)|(1,023,524)|
|Net current assets||||61,962|196,423|
|Creditors: amount|falling due after more than one|||||
|year|||9|(61,962)|(196,423)|
|Total net assets||||||
|The funds ofthe charity||||||
|Income funds||||||
|Restricted
funds|||10|||
|Unrestricted
general||funds||||
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||||||Year to|Year to|
|---|---|---|---|---|---|---|
||||||31 March|31 March|
||||||2021|2020|
||||||Total|Total|
|||||Notes|R||
|Cash flows from operating||||activities|||
|Net cash|flows used|in|operating
activities||(3,969)|(36,503)|
||||||(3,969)|(36,503)|
|Change|in cash and|cash||equivalents|(3,969)|(36,503)|
|Cash and cash equivalents||||at 1 April 2020|5,803|42,306|
|Cash and cash equivalents||||at 31 March 2021|1,834|5,803|
|Notes to|the statement||of|cash flows for the year ended 31 March 2021:|||
|Reconcili|ati|on|of net mo|vement
in fu|nds to net cash flows from|operating
activities||
|---|---|---|---|---|---|---|---|
|||||||Year to|Year to|
|||||||31 March|31 March|
|||||||2021|2020|
|||||||Total|Total|
|Net movement|||in funds (as|per statement|offinancial activities)||(14,520)|
|Adjustments||for:||||||
|Decrease|in|debtors||||41,793|383,363|
|(Decrease)||in|creditors|||(45,762)|(405,346)|
|Net cash|used||in operating|activities||(3,969)|(36,503)|
||||||||||||Year to|Year to|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||31|March|31 March|
||||||||||||2021|2020|
||||||||||||Total|Total|
||||||||||||R||
|Cash|and|cash|equivalents|(cash|at|bank|and|in|hand||1,834|5,803|
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||||||Year to|||Year to|
|---|---|---|---|---|---|---|---|---|
||||||31March|||31 March|
||||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
||||funds|funds|Total|funds|funds|Total|
||||E|R|E|F.||F,|
|Donations|||2,576,000||2,576,000|1,828,000||1,828,000|
|Donations|in kind||13,200||13,200|13,200||13,200|
|Re-measurement||of amounts|||||||
|receivable|||3,969||3,969|(383,363)||(383,363)|
|Total funds|||2,593,169||2,593,169|I 457,837||1,457,837|
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|||||Year to|||Year to|
|---|---|---|---|---|---|---|---|
|||||31 March|||31 March|
|||Unrestricted|Restricted|2021|Unrestricted|Restricted|2020|
|||funds|funds|Total|funds|funds|Total|
|||E|E|5|F.||F.|
|Masters Scholarships||||||||
|Direct grant|costs|2,123,532||2,123,532|1,575,581||1.575,581|
|Cancelled|grants|(37,442)||(37,442)||||
|||2,086,090||2,086,090|1,575,581||1.575,581|
|General
Fund||||||||
|Direct grant|costs|328,791||328,791|35,802||35,802|
|||328,791||328,791|35,802||35,802|
|Development
Fund||||||||
|Cancelled|grants||||(236)||(236)|
||||||(236)||(236)|
|Leadership|Development|||||||
|Direct grant|costs|51,386||51,386|30,000||30,000|
|Cancelled|grants||||(326,858)||(326,858)|
|||51,386||51,386|(296,858)||(296,858)|
|Public Engagement||||||||
|Cancelled|grants||||(2,577)||(2,577)|
||||||(2,577)||(2,577)|
|Total funds||2,466,267||2,466,267|1,311,712||1,311,712|
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|Support cos|ts||||
|---|---|---|---|---|
||||Year to|Year to|
||||31 March|31 March|
||||2021|2020|
||||Total|Total|
|Staff costs (note|4)||117,410|133,591|
|Other administration||costs|16,983|9,054|
|Office premises|gift in kind||13,200|13,200|
|Audit fee|||6,000|4,800|
|Total funds|||153,593|160,645|
##
|Staff costs||||
|---|---|---|---|
|||Year to|Year to|
|||31 March|31 March|
|||2021|2020|
|||Total|Total|
|||5||
|Staff costs during the year were as follows:||||
|Wages and salaries||105,002|106,352|
|Social security costs||9,960|10,189|
|Other pension costs||2,448|2,530|
|||117,410|119,071|
|Sub-contracted|staff||14,520|
|||117,410|133,591|
|2021|2020|
|---|---|
|No,|No.|
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|Debtors||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Total|Total|
|Donations|receivable|(note|12)|1,172,352|1,214,144|
##
|Creditors: falling|d|ue within one year|||
|---|---|---|---|---|
||||2021|2020|
||||Total|Total|
|Grants payable|||1,105,779|1,018,307|
|Accruals|||6,445|5,2 l7|
|Total creditors falling|due within one year||1,112,224|1,023,524|
|Grant commitments|at|1 April 2020|1,214,730|1,590,607|
|Commitments
made|in|the year|2,715,770|1,311,713|
|Grants paid during the||year|(2,762,760)|(1,687,590)|
|Grant commitments|at|31 March 2021|1,167,740|1,214,730|
|Falling due within one||year|1,105,779|1,018,307|
|Falling due in more|than one year (note 9)||61,962|196,423|
||||1,167,741|1,214,730|
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|Credi|tors: falling due after more than on|e year||
|---|---|---|---|
|||2021|2020|
|||Total|Total|
|||R||
|Grants|payable|61,962|196,423|
##
|Analysis of net|assets between
funds|||||
|---|---|---|---|---|---|
||||Restricted|General|Total|
||||funds|fund|2021|
||||E|E|E|
|Fund balances at|31 March 2021 are represented|by:||||
|Net current assets||||61,962|61,962|
|Creditors: amounts|falling due after more than one year|||(61,962)|(61,962)|
|Total net assets||||||
||||Restricted|General|Total|
||||funds|fund|2020|
|Fund balances at|31 March 2020 are represented|by:||||
|Net current assets||||196,423|196,423|
|Creditors; amounts|falling due after more than one year|||(196,423)|(196,423)|
|Total net assets||||||
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