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2021-03-31-accounts

Contents Page
Referenceandadministrativedetails 3
AmessagefromourChair 4
Trustees'Report 5-9
Trustees'ResponsibilitiesStatement 10
IndependentAuditor'sreport 11-14
FinancialStatements 15-17
PrincipalAccountingPolicies 18-20
NotestotheFinancialStatements 21-29

Trustees: DameJudithMayhewJonasDBE(Chairfrom9September2020)
TheHon.MrsRosKellyAO(Chair:resigned8September2020)
MajorGeneralAlastairBruceKStJOBEVR
HEJaniceCharette(resigned8March2021)
LadyLucyFrenchOBE
TheHonKevanJonesMP
SirAdrianAlastairMontagueCBE
CaptainJaySingh-Sohal
MrWilliamShawcrossCVOresigned1December2020
MrTerenceHewett
ChiefExecutive: ClaireHortonCBE(appointedJanuary2021)
VictoriaWallaceI.IBDL(resignedJuly2020)
BarryMurphy—Interim(July2020toJanuary2021)
ExecutiveDirector: JohnGrain
RegisteredOffice: 2MarlowRoad,Maidenhead,Berkshire,SL67DX
Bankers: HSBC,TheBoulevard,Crawley,WestSussex,RH101UT
BNPParibasFortis,KorteTorhoutstraat1,8900leper
BNPParibas,Centred'AffairesNorddeFranceEntreprises,
140,ParvisdeRotterdam,59777Lille
Auditors: Buzzacott,130WoodStreet,LondonEC2V6DL

restricte
Un
-
Funds
d
Restricted
Funds
Total Un-
restricted
Funds
Restricted
Funds
Total
2021 2021 2021 2020 2020 2020
Note
Incomefrom:
Donations&Legacies 1 164,224 335,200 499,424 72,659 81,200 153,859
CharitableActivities
Grantsreceivable 2 18,331 18,331 129,223 129,223
SupporterScheme
Income
3 41,291 41,291 28,501 28,501
OtherTrading
Activities
4 7,803 7,803 30,313 30,313
TotalIncome 213,318 353,531 566,849 131,473 210,423 341,896
Expenditureon:
Raisingfunds
Fundraisingcosts 5 112,170 112,170 75,252 75,252
CharitableActivities 6 33,697 104,801 138,498 55,776 208,043 263,819
Totalexpenditure 145,867 104,801 250,668 131,028 208,043 339,071
Netincome 67,451 248,730 316,181 445 2,380 2,825
Otherrecognised
(losses)/gains
7 (447) (447) 616 616
Netmovementin
funds
67,004 248,730 315,734 1,061 2,380 3,441
Reconciliationof
funds
Totalfundsbrought
forward
13 34,759 62,991 97,750 33,698 60,611 94,309
Netmovementin
funds
13 67,004 248,730 315,734 1,061 2,380 3,441
Totalfundscarried
forward
13 101,763 311,721 413,484 34,759 62,991 97,750

Unrestricted
Funds
Restricted
Funds
Total Unrestricted
Funds
Restricted
Funds
Total
2021 2021 2021 2020 2020 2020
Note £ £ £ £ £ £
Currentassets
Stock 9 13,917 - 13,917 13,540 13,540
Cashatbankandinhand 95,365 319,738 415,103 103,841 47,911 151,752
Debtors:amountsfalling
duewithinoneyear
10 82,001 490 82,491 6,687 42,116 48,803
191,283 320,228 511,511 124,068 90,027 214,095
Creditors:amounts
fallingduewithinone 11 (68,661) (8,507) (77,168) (54,545) (27,036) (81,581)
year
Netcurrentassets 122,622 311,721 434,343 69,523 62,991 132,514
Totalassetsless
currentliabilities
122,622 311,721 434,343 69,523 62,991 132,514
Creditors:amounts
fallingdueaftermore 12 (20,859) (20,859) (34,764) (34,764)
thanoneyear
Totalassetslesslong-
termliabilities
101,763 311,721 413,484 34,759 62,991 97,750
Netassets 101,763 311,721 413,484 34,759 62,991 97,750
Fundsofthe
Foundation
Unrestrictedfunds 13 101,763 101,763 34,759 34,759
Restrictedfunds 13 311,721 311,721 62,991 62,991
101,763 311,721 413,484 34,759 62,991 97,750

Un-
restricted
Funds
Restricted
Funds
Total Un-
restricted
Funds
Restricted
Funds
Total
2021 2021 2021 2020 2020 2020
£ £ £ £ £'
Netcashprovidedby/(used
in)operatingactivities
Netincome 67,004 248,730 315,734 1,061 2,380 3,441
(Increase)/decreasein
inventories
(377) - (377) 1,883 1,883
(Increase)indebtors (9,566) (490) (10,056) (6,687) (6,687)
Increase/(decrease)increditors 10,486 (12,079) (1,593) (6,104) (6,400) (12,504)
Increasegdecrease)in
intergroupbalancewithCWGC
(76,024) 35,667 (40,357) 21,314 (33,524) (12,210)
Netcashprovidedby/(usedin)
operatingactivities
(8,477) 271,828 263,351 11,467 (37,544) (26,077)
Increase/(decrease)incash (8,477) 271,828 263,351 11,467 (37,544) (26,077)

Reconciliationofnetcashflowtomovementincas handcashequivalents
2021 2020
Movementincashandcashequivalents 263,351 (26,077)
Cashandcashequivalentsat1April 151,752 177,829
Cashandcashequivalentsat31March 415,103 151,752

Donations—Unrestricted
2021 2020
£ £
Donations&legaciesreceivedatHeadOffice 110,813 43,916
Donations-Belgium,leperInformationCentre 75 3,195
Donations-France,BeaurainsVisitorCentre 469 2,400
GiftAid-Claimsfromdonations 829
Donationsinkind-valuedcostforservicesfromCWGC 52,867 22,319
164,224 72,659
Donations—Restricted
2021 2020
£ £
AnningtonHomes-EyesOnHandsOnproject 335,200 81,200
2
IncomefromGrantFunding-Restricted
2021 2020
£
HeritageLotteryFunding-LestWeForgetProject (1,646)
KantorFoundation-SpeakersProgramme 50,000
AssociationofIndependentMuseums/Biffa-NoorKhanProject 14,305 38,753
CWGCgranttoNoorKhanProject 4,026 42,116
18,331 129,223

2021 2020
Standarddonationmembership 41,291 28,501
4
Incomefromothertradingactivities-Unrestricted
2021 2020
BookstockdonatedbyCWGC 1,802 1,865
BookstockdonatedbyCWGFSupporter 291 -
Booksandprintedmattersales 2,176 8,929
Mapsales 325 2,788
OtherMerchandisesales 2,172 15,899
CoachReservationFees-BeaurainsVisitorCentre 45 832
School&UniversityVisits-BeaurainsVisitorCentre 992
7,803 30,313
Raising
Funds
Staff/
recharge
costs
Other
Direct
costs
Total
2021
Staff/
recharge
costs
Other
Direct
costs
Total
2020
£ £ £ £ £ £
Fundraising
costs
59,922 52,248 112,170 44,443 30,809 75,252
59,922 52,248 112,170 44,443 30,809 75,252

Un-
restricted
Restricted* 2021
Total
Un-
restricted
Restricted 2020
Total
£ £ £ £ £ £
Advancingpublic
educationonFirstand 16,849 104,801 121,650 27,888 208,043 235,931
Secondworldwars
Promotingandsupporting
activitiesundertakenby 16,848 16,848 27,888 27,888
CWGC
33,697 104,801 138,498 55,776 208,043 263,819

7
Otherrecognisedgains/(losses)
2021 2020
£ £
Exchangegain/(loss)onbalancesheetrevaluation (477) 616
Bankinterestreceived 30
(447) 616

8
Governancecosts
2021 2020
FeespayabletotheFoundation'sauditorfortheauditof
theFoundation'sfinancialstatements
4,890 4,061
Fesspayableforprofessionalfeesforbranchesin
BelgiumandFrance
2,130
7,020 4,061

9
StockofMerchandise
2021 2020
Booksandguides 4,335 3,786
Maps 150 491
Merchandise-stationery,badgesandpins 8,107 9,065
Merchandise-ponchosandlenscloths 1,325 198
13,917 13,540

Total Total
2021 2020
£ £
Prepaymentsandaccruedincome 16,743 6,687
IntergroupbalanceowedbyCommonwealthWarGraves
Commission
65,748 42,116
82,491 48,803

11
Creditors:amountsfallingduewithinoneyear
Total Total
2021 2020
Deferredincome 1,841 4,615
Tradecreditors 12,809 10,253
Tradeaccruals 12,176 14,025
Othercreditors 5,873 5400
IntergroupbalanceowedtoCommonwealthWar
GravesCommission
44,469 47,288
77,168 81,581

Total Total
2021 2020
£
IntergroupbalanceowedtoCommonwealth
WarGravesCommission
20,859 34,764

13 Retainedfunds
2021 2020
£
Unrestrictedfund 101,763 34,759
Restrictedfunds 311,721 62,991
413,484 97,750
Brought Carried
forward Income Expenditure forward
01-Apr-20 31-Mar-21
£ £ £ £
Restrictedfunds
Interns 15,000 15,000
HeritageLottery
AnningtonHomes 3,808 335,200 (50,000) 289,008
AIM-NoorKhan (3,492) 18,331 (14,839)
Kantor-SpeakersProgramme 47,675 (39,962) 7,713
Totalrestrictedfunds 62,991 353,531 (104,801) 311,721
Unrestrictedfunds 34,759 213,348 (146,344) 101,763
Totalfunds 97,750 566,879 (251,145) 413,484
Brought Carried
forward Income Expenditure forward
01-Apr-19 31-Mar-20
£ £ £ £
Restrictedfunds
Interns 15,000 15,000
HeritageLottery 21,611 (1,646) (19,965)
AnningtonHomes 24,000 81,200 (101,392) 3,808
AIM-NoorKhan 80,869 (84,361) (3,492)
Kantor-SpeakersProgramme 50,000 (2,325) 47,675
Totalrestrictedfunds 60,611 210,423 (208,043) 62,991
Unrestrictedfunds 33,698 131,473 (130,412) 34,759
Totalfunds 94,309 341,896 (338,455) 97,750

Analysisofnetassets/(liabilities)betweenfunds
Unrestricted Restricted Total
funds funds 2021
Fundbalancesat31March2021arerepresentedby:
Stock 13,917 13,917
Cashatbankandinhand 95,365 319,738 415,103
Debtorsamountsfallingduewithinoneyear 82,001 490 82,491
Creditorsamountsfallingduewithinoneyear (68,661) (8,507) (77,168)
Total 122,622 311,721 434,343
Creditorsamountsfallingdueaftermorethanoneyear (20,859) (20,859)
Totalfundscarriedforward 101,763 311,721 413,484
Unrestricted Restricted Total
funds funds 2020
£
£

£
Fundbalancesat31March2020arerepresentedby:
Stock 13,540 13,540
Cashatbankandinhand 103,841 47,911 151,752
Debtorsamountsfallingduewithinoneyear 6,687 42,116 48,803
Creditorsamountsfallingduewithinoneyear (54,545) (27,036) (81,581)
Total 69,523 62,991 132,514
Creditorsamountsfallingdueaftermorethanoneyear (34,764) (34,764)
Totalfundscarriedforward 34,759 62,991 97,750

2021 2020
£ £
Wagesandsalaries 70,186 47,015
Socialsecuritycosts 6,677 1,632
Pension—definedcontributionscheme 8,744 4,932
StaffrechargecostsfromCWGC 17,431
Staff-donatedsupportservicesfromCWGC 30,703
116,310 71,010
Noemployeesearnedover£60,000duringthe year(2020:none).
Thetotalremunerationcostofkeymanagementpersonnelwas£49,848(2020:£41,973)which comprises
salarycostsandemployer'snationalinsuranceandpensioncontributions.Keymanagementpersonnel
comprisetheTrusteesandtheChiefExecutive,noneofwhomreceiveremunerationfromthe Foundation,
andtheExecutiveDirector.
15
Supportservicesandfacilitycosts
Donationsinkind2021
Finance Legal Marketing Mgt
HRand
Ops

Total
2021
£ £ £ £
£

£
Support
6,412
1,399 34,271 1,749
1,561
45,392
Facilities
7,475
7,475
13,887 1,399 34,271 1,749
1,561

52,867
Finance Legal Marketing Mgt HRand
Ops
Total
2020
£ £ £ £ £ £
Support 5,890 1,395 2,853 2,372 2,523 15,033
Facilities 7,285 7,285
13,175 1,395 2,853 2,372 2,523 22,318