Charlty number: 1176374 Company number: CE012ll4 RECONCILING LEADERS NETWORK (A charitable Incorporated organlsatlon) TRUSTEES. REPORT, INDEPENDENT EXAMINER'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
RECONCIUNG LEADERS NEfwoRK CONTENTS Pa99 Reter8n¢o and admlnlstratlvè d8talls ot Ihg ¢harlty. Its Trusto08 and adv19ers Trustees, Teport Independont examlner's report Slatement ol flnanclal actlvltlas Balance shegl Notes to the fln8ncl41 gtoternents 8-15
RECONCIUNG LEADERS NEfwoRK REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 TN8teo8 Mr Kon Costa, Chainnan rs Clare Chapman Canon Sarah Snyder Mrs Fattma Wesson Mr Glyn Barrett (appointed l ju 2020) Charlty rog1er9d nurnber 1176374 Prlnclpal offlco Lamb8ih Palace Lamb8ih Palace Road London SE17JU Indopèndenl Examlnor Crowo U.K. LLP 55 Ludgale Hill London EC4M 7JW Bankers BarcLgyS 99 Hatton Gardens London EC1N 8DN Sollcltors Hunters 9 Now Square Uncoln's Inn London WC2A 3aN Accountant8 Charlty Ac¢ounling Services B108 Tfldent Business Centre 89 Blck•r8tth Road London SW17 9SH Page 1
RECONCILING LEADERS NEfwoRK TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021 Trust99s 01 the ReColing Leaders Nelwork IRLNI ara ploasad to prasent th8lr Report, whkh includes the rectors. Report. logether wslh thé finarKial slatements of RLN for the year ended 31 Mar¢h 2021. STRUCTUR4 GOVERNANCE AND MANAQEMEKr Qovernlng do¢umont Tha eharlty is eon8tilutad as a Qhapitable Incorporated Organi8ation. Its govoming d¢xumont Is Its memorandum artides of aSSlation. Oryanlsatlonal struclu Govomance: The Tfustses ara appointed lor fixed temis and. by mutual ¢onsent, may be r8appdnled. Trustees are recruited wtth regard to their respe¢tlv& aroas of knovAedge. skllls and exp8len¢e. Thore is a cOMprensive pre-appw)inlment brièflng arnl an induction pro¢8ss for now Tnjstees. On-going training Is mad8 avallable to Tru$toe$ as rU]r0d. During this finan¢ial year Glyn Barrett was awnied as a ngw Truslee. Sorving on ffta board alongsid8 Kenneth Costa, Claro ChaFman, Fatima Wesson and Sarah Snyder. The Reverand Canon Flwa Winligld is the Archtsshop's Advisor lor Reconclliation and tho de facto CEO (A RLN. Managèmènt and admini8tration". RLN 1$ administored by Rebw Stewart (Goklstar Partners). Goldstar Partners prowde charty office admlnlstration $•Nices and MpanY se¢Yelarial duties under a eontract with RLN. Charity Accounting SaNlces pmvide book-keeping and accounllng seNices to RLN. The wincipal risk facing RLN 1$ tho ongolng uncertainty created by Covid-19, b)th operationally and financialty. Tha pandemi¢ has significanlly changod th8 activtty of Ihfj RLN team.. la¢t0-face trnining for farilitators has beon postponad and now digital delivery has been d8v8lopgd. There is also uncortainty regarding the level of future grants from the Lambèth Trust and other funders givan the e¢onoml¢ downtum. ACHIEVEMENT AND PERFORMANCE Tha vlslon of the Archbistrmw ol cantsrbU8 Reconcllialion Minlsty is for th8 church to be a ro¢onallng prasance In th8 mh48t of confllct. RLN'8 purpos8 18 to train. equlp and inspire a genoration to It as p8acèmakers and recon¢llers for a lust and Ilourishlng society. for the public benefll. both Internationalty and nationalty. During this p&riod, Ihg RLN team have focused on developlng the 'DIlleren, rA>urne. evaluating 118 effectiveness, tralnlng hosts to de15v8r the resource, and laun¢hlng a dlgllal plattorm. The Iwo goals are 11 to Oxtend the roach and grown the movament; and 21 to equip and resourc8 the movament. Du8 to the impact of the pandemk and ihe r¥d change of how church groups gathered, tha Dlffer&nea ¢ou was Tgconfigurod and ad8Pted to facitate groups moeting onlinè. By May 2020 a vèr81 ol tho Dlfforènco cours• for online groups was available alongsida Iho In- pgrson version. Trainin9 on how to run the coursg 8180 movgd from an Sn*8rson day event, to a 8horter tralnlng vla Mde ¢onfererte. Thè shfft to online tralnlng In¢reasad Intomational engagemenL Dudng the year 468 ¢ourse hosts wero tned online. Plans are in ace lo transition the Iraining from fa¢aWlaCe vkleo-conf8ren¢8S to tilmed training sessions a¢cessiblg through an online18arning System. anabling people lo a¢ce$s tho Iraining anytima from anre. An intemational learning review on th• Drfleren¢o ¢ourse across nine countngs was undertakan, wlth in-dopth lo8 groups and19aming reFths. The recommondations from the reNryew have been implamonknj to strengthen the Course and Its delivery. The team have worl(ed wlth senlor ¢hur¢h leadership to intagrale re¢on¢iling praCeS arnl principles into the1rf8 and rhythm of church and ¢ommunty. offoring the Drff8yer course as a resour¢6 for leaders to equip their congregatlon8 and ¢hurche$. Page 2
RECONCILING LEADERS NEfwoAK TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Dilference 'chaMions. havfr helped slrongthon Difference over the last year, and vrill be a key part of futurg development. Th• Champions integrate Oifferenca into tha thythm of their Church lite, run dio¢e88-vlda roll outs of the course and p(oneor Dlllw6n¢a In sgctors such as pri30n$. FUTURE PLANS The next financlal year will focu8 on the followfng araa6 01 development and growlh." In¢reaso aware$ arKI 8ngag8ment thr¢)ugh digKal Communications. In Awil and May 2021 an online ¢ampaign vill Eaunch featuring a film 8erie8 from chb1$hoP Justin Welby. The campaign and film series ms to grow 8mail subscrfptions and engagement with Différence, increasing the number of pecple runnlng the Oifforen¢g Gourse. Further awarene88 gènèration is planned through addliional broadoa31s Sueh a8 Christian radlo, pod¢asl and Christian TV nelYrks. Creats a $u$talnablo methj of training to fa¢ililate scal8. In summor 2021 training on how lo run Ihe DMleron¢e ¢oui$e wll transition to an onfine, asynchronou$16aming plattom. wtth training films that people can eW anyume, anywhwe. Dovelop partnershlps Mth other onling Igarning plarforms lo also host Difference. Church and Chaplaincy engagem8nl- working with Bishops and Deans In EnglarKI to support and resourco their roconcllialion work in church88 and ¢ommunitlos, in partkular a close partnership with tho dlo¢ese of Coventy. Work wth Forces Chaplains in the Royal Air Force and Brfll$h Amy, ottorfng the Difference coursè as a resource. Work with ¢h¥ain¢ios in prisons, offering low-tech opllon$ for runnlng the ccwrso in prisons. for oxample the need to provide DVD8 wlth cthrse conlgnt. Increase inlamational engagemont. Tho Course wll bg translatgd into Spanish and Portugu66è by autumn 2021. Resource Dillerence Champions who engage with and promote Dlffarence in their Mnt8xI. Support tho Ar¢hbishop ol Canterbury with wbjor roconciliation priorities and weparailon for Lambeth Confarenco 2022. FINANCIAL REVIEW The tolal incomo for the parlod was £173,877 ¢ompri8ing grants and donations. Tho Trust905 saek to Continue to release ihe funds raised aach year to fund the work of the charity. The total funds of Reconciling Leaders Network at 31 Mar¢h 2021 wgre £82,032. Re#erve8 pollcy Taknng one year yth anothèr. thg TnJ8te8S 88ek to spgnd all not Inme as it arfses. Truste88 8eek to maintain a 6uFficlent base of unrostricted funds approprÉate to the operallon of tho charlty. The Tte88 consider lh* the value of the unrostri¢t8d funds at 31 Match 2021 of £69,082 meèts these objo¢tN6S. Golng Conc•rn Aftor rnang appropriate enquiri•$, incluthng asse8$mants of thg key rFsks and future budgets. the Trusteos ha a reasonablg gXPgCtalion that tha charty has adequate rosources to continue in operational exlslanc8 lor the forosoeable futuro. For this reason, the Trusleg8 ¢ontinuo to adopt the going concem basis in preparing the finan¢ial statements. Furth9r details rggarding the adoption of th& going con¢•m basis can be found in ihe Accounting Polkl6$ at Noto 1. Pago 3
RECONCILING LEADERS NETWORK TRUSTEES. REPOFIT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustee8 aro wponslbte for preparlng the Rep)rt of the Trust6e8 and the fInar st8temerrt8 In accordance vilh aFplicabl8 law and Unlted Klngdom Accnr1d Standards (Unhed Kngdom Geralty Accaptod Accounting Practice). Chartty law requlres the trusteos to prepare a 8tstement ol assets and liabrfltl8s lor each financial yearwhkh glve a true and talr VI of ihe stat8 of affalrs of the charitae Incorporated organisation and of the Incoming resouffjas and apICation ol rosources. Including the receipts payments. of the charttable irthrporated fxganK%atlon for that period. In preparfng those financld slalem8nts. tha Trustees are rffjulred to., s•le¢t surtable accounttng poncl88 and then apply them conslsl&nlly: obs•tvè the mgthod5 and wInci8 in the CharfY8s SORP,. maké ludgments and 8Stsmates that ara rOnabl6 arKI prudent: prepare the finala1 staternarts on the golng concern basls untess li Is InaFpropriats to prgsumo that the charltable IorpOrated organisath)n wlll corrtlnue In operatlon. Thè Twsteeg are r&sportgibl8 lor kèeplng proper accounting records which disd¢)se wlth reasonable ac¢ura¢y, at any tlme, th8 financial position of the ¢haTttablg incorporated organisaoon. These enthè them to gnsure that tho Ilnancial statements comply wllh th8 Chadle8 Act 2011. They are also ressJ%tslble for safeguardlng the assets of tho charitable Incorporat8d orgenisallon and hence lof taklng reasonable 8p$ for the prevantlon and det8Ctlon ol fraud and other irrggulaTMes. Th8 mak&up of thè TrLbStee body Is r&eWed r4ularlyto ensure that It Is suitatly skilled and dlverna. Approved by ordor of the mombers of the of Trusl8es on 22 June 2021 aThd slgned on thotr bahall by.. 7/a- Mr Ken Costs Chalmian Pagé 4
RECONCILING LEADERS NETWORK
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021
Independent examiner's report to the Trustees of Reconciling Leaders Network ('the charity')
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2021, which are set out on pages 4 to 13.
This report is made solely to the charity's Trustees, as a body, in accordance with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity, the charity's members as a body and the charity's Trustees as a body for my independent examiner's work, for this report, or for the opinions I have formed.
Responsibllltles and basis of report
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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.
Signed: Dated: 6 August 2021
Tim Redwood FCA
Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW
Pages
RECONCILING LEADERS NEfwoRK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 Restrlcted UnrnstYl¢tad funds lund$ 2021 2021 Total tunds Total fUrS 2LY20 Income Irorn: Donation$ 173,877 173,877 414.384 Total Ineome Expendltur• on: Charfl*8 a¢tiviknos 173,877 173,877 414,384 7,OlXI 233,771 339,Z37 Tolal exp8ndlluro 226,771 233,771 339,237 Net <expendfture)nncome Transfgrs between lunds 17,000) 20,000 (52,894) (20,000) (59094) 75,147 13 Not movoment In funds Recon¢lllatlon ot lunds: Total funds brought forward Net movement in funds 13,OlJO {72,894) (59,894) 75.147 141,926 (72,894) 141.926 (59m) 13,000 75. 147 Totsl lundg cavrlod torward 13,000 69.032 82,032 141,926 Tho notes on pag8s 8 to 15 form part of these IlrAncial statèmerrts. Page 6
RECONCILING LEADERS NEfwoRK BALANCE SHEEr AS AT 31 MARCH 2021 2021 Note Tanglblo assets 10 1,847 1,647 Curmni assèts Dabtor8 Cash atbank and In hand 11 759 164,718 9T7 185,200 CredStor8: aMnts falilng due 4¥lthln ono 12 (16.512> (24.921) Nel current 8s8els 81R55 140,279 Totsl nol 9013 84032 141.926 Charfty fvnd8 Restrlcted funds Unrestrkted fuFKIs 13 13 13,0(Xl 141.926 Total ndS 141.926 The lInaral stst8ments approv8d and aulhoA8ed for Issug by Iha Trustse8 on 22 Juno 2021 and sne& on Iholr b8half ty. ly Mr8 Clare Chapma Mr Ken Costa {Chalr ol TNstee8) Tho not08 ¢)n pages 8 to 15 tom part of the88 ffinancl statements. Pagg 7
RECONCIUNG LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 G?norn1 Infomiallon Reconciling Leaders Netwo 18 a charitable incorwrat8d oryanlsation Ilmtt8d by guarant80 Irogistored number CE012734) and a register8d charity in England and Wdes (number 11763741. Ils rogistered offi¢0 is L8mbth Palace. Lambgth Palace Road, London. SE17JU. Ac¢ouMlng polldeg 2.1 8a$lg ol proporatlon ol flnan¢lal statom• The financial ststaments have b99n prepared In aKordan¢e th8 Charltlos SORP IFRS 102) - Accounting and Reporting by Charities: Statamenl of Aocommgnd8d Praetieè aFplicab to charities preparing their accounts in accordance wth the Financial Reporbng Stsndard aFpll¢able in thfr UK and Republic of Ireland IFRS 102) leflKtive 1 January 2019}, Ihe Financial Reportlng Slandar(I appbcablg in the UK and RerAA)lic of Ireland {FRS 102) tha Charithes Ad 2011. Ra¢on¢iling Loaders Networt( meots tho dofinitKJn of a public bènolit •ntty under FRS 102. Assets and liabilitie$ are initialty recognised at histor&il cosl or tran8a¢tlon value unt8$8 othorvise stat8d in Ihe relovanl axounting y)IKy. 22 Qolng concern Having roviewed th• finala1 p)sition, the Trusle8s havo a rèasonable 8xpectaik)n thai Ihe charlty has adequats sourC8S to ¢ontinuo its activltias for tho forèseèabla futurg and that therg are no material uncertainties about its ability to ¢ontinuo. A¢¢ordlngly thèy ¢ontlnue to adopt a going ¢on¢•m ba818 in preparing the financial 8tatem8nts. 2a Income All Incorne is reoognised Or the charty ha8 enlitlement to Ihe income, It L8 probabfa that the Income will be réceived and the amount ol income recelvable cAn be measured reliably. 2A Expendlturo Expendllure 1$ accounted ICK on an accruals bas58 and has bèen Classified under headings that aggregats dl costs related lo tho category. Whère costs cannot be attributed to partwlar headings thoy have baon all(xatod to activities on a basi8 conskSt8nt wth the use of re80urce. 2J Tanglble Ilxed a88et• and dèprnclatlon Tangibl• fixod aGsels ara carried at cost fiot of deprecialon 8nd any provl8lon for impainnent. D4xa¢iation Is charged so as lo allocate the ci)st of tangibie fixed assets less th8ir resldual value over tholr e6tlmated uul Ilvos. uslno thè straight-lina mgthod. Depreclatlon Is Pded on Ihe follng bas18: OFfic8 equipment 2.6 Dobtorn Trade and other debtors are recognis8d at the Settlement amount after any Irade di8¢ounl offerad. Prepayments are valued at the amount propald not of any trade dixounls due. Page 8
RECONCILING LEADERS NEfwoRK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A)untIng polldos (contlnuod) 17 Cash al bank and In hand Cash at bank and In hand In¢ludes eash and short-tem) hSghly Ilquld investrn8nts wth 8 short maturty of threo months or less from tho date of acqulsition or q)anlng of the deposlt or slmilar acount. 2.8 Llabllltles and prov181on8 Liabililles are recognlsed whon thare Is an obllgatlon at thè Balanc6 Éh6at date as a rèsult of a past event. it is probabla that 8 Iransl8r ol economtc bèft1t wtm be required In 8ettlemgnt, and the amount ihe Settlement can b8 e8tlmated reliably. Liabiliti88 are recognis8d at tho amoLnl that Ihe charity anlidpales it wlll pay to $attle the debt or the amount it has rec81ved as advanced payments lor the go9 or SeiCe$ il must provid8. 2J Flnandal Inslrument$ The ¢harity onty has finartial assets and linanGial liabilitie$ ol a kind that qualify as basic finanGial Instruments. Bas finawal In81rum&ntG are Inltlally r8cognlsed at transaclion value and subsequonlty measured at amortisad cost using the ellective Inleresl methcfvj. Financial assets held at amortisgj ¢08t comp(tS8 cash ai bank and in hand, togeiher with trade and olher d8lXors. Financial liabiliti86 hatd at amortised c08t comprise trade and other credltors. 110 Pen•lon$ The charity operates a defined contrfbutlon nSIOn scheme and Ihg pon81on ¢harg6 r9prosents the amounts payable by the Charity to the fund In respect of the year. 2.11 Fund acmuntlng General funds are unrestricted funds whi¢h are availthe for use at the discretion of the Trustees in furtherance of the ganeral objeIveS 01 thg charity and which have not been designaied lor oiher purposgs. Restrfctod funds are lund$ whkh are to bo usod in a¢*A)rdanc• vith swfi¢ restrlctions imposod by donors or which have bean raisèd by the charity for partlar purposes. The costs of raising and administering such lunds aro charged against the speth fund. The aim and usa of each restrict&J lund is set out in the notes to the financial statements. Page 9
RECONCILING LEADERS NEnVORK NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2021 Crltlcal accountlng eJtlmat6a and am8 Ot ludgement In th? appfKatlon ol the ¢harW8 ac¢ountlng polldes, Trust are required to make judgments. estlmales and as$umption8 about the carpyng value8 01 a88el8 and liabilities that are rt readily apparent from other sources. The e8timates and underlylng a8sumption8 are based on historical expgrienco arKI othw factor¥ that are considered to be relavant. Actud results may differ from these ostimat6s. The &sMateS and urKlorlying assumptions are roviowed on an on-going basis. Rèvisions to a¢c4wnting e8tlmates are rgcognised in the pgriod in which the estimato Is revised if the revision affKts only that period or in the period of revÉsion and future p8ritrJs rf the revision affects the TTent arKI luture poriods. In the vlaw of the Trustees, no assumon8 ¢oncemlng ih8 future or esilmation UertaInty aff8Ctin9 assals and li•bilitio9 at th• Balanco Shèèt dats ar8 likely to rasutt In a mat8rlal adlu8tm8nt to their carrying amounts in the next financial year. Incomo Irom donallon• Unreglrf¢tsd funds Totol lunds 2021 Tot81 funds 2020 Grants 173,877 173,877 414,384 Analysls of oxpendlturo on charltablo actlvltlos Summary by tund typa Re$trfct8d Unr&•trlcted lund8 lundg 2021 Total funds 2021 lunds 2020 Charilablg a¢tivilip¥ 226,771 233,7T1 339,237 Tota12020 339,237 339,237 Page 10
RECONCILING LEADERS NEfwoRK NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2021 Analysls of expendlture by actlvltles Acllvhles undertaken dlrectly Support costs 2021 Totsl funds 2021 Total ftinds 2020 Charitabb activlties 189,Y23 233,771 339.237 Total 2020 295,023 44,214 339,237 Analysls of dlroct C08ts T21 fundg 2021 Totsl fvnds Staff ¢osts Other diroct costs 167,200 21323 186, 108.59Y 189.523 295.023 Analysls of support *18 Total tunds 2021 Totat funds 2020 Depreciation 1,258 358 1.487 Accounting arKI bookkéeping Trust Executive Mis¢ellanaou$ c1$ Governan¢o ¢OSt$: Ind•pgnd8nt Examine¢s fe9 Govemance cost8: Legal lee8 28.800 975 4,920 44,248 44.214 Page 11
RECONCILING LEADERS NEfwoRK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Indopondent examlner's remuneratlon 2021 Fee8 payth lo chaws indep•ndent examlngr for tho Indepondont examination of the charitys annual a¢Cjnts 4,800 Staff costs 20 2020 Wage8 and 8alarfes Social secuiity costs Contribution to defined contrikAJtion pension schemas 140,546 11,497 15,157 166.861 16,473 3,098 167.200 186,432 Thè average numbor ol pgrsons employed by the ¢harfty during tho year was as folk>ws: 2021 No. 2020 Avorag• h8aLknunt No employee recetved remunerallon amounting to moro than £60,C(IO in eithor yaar. Th• total employeè benelits ol key managament Personnel were £148,474 (2020,. £149,890). Trustees, rernuneratlon and expen808 Dudng the year, no Tnvtste8s rwAivad any remuneraln. bgnglits in kind or r•1mbursOftI of oxpèn898 (2020- £NIL). During the year anded 31 March 2021. no Twstee expon8es have boon IrKurrad (2020- £NIL). Page 12
RECONCILING LEADERS NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 10. Tanglblo flxed as8et• Offl¢e equlpment Co81 At 1 Apn'l 2020 At 31 March 2021 2,607 DreCIat10Th Al 1 Ap1 2020 Charge for thè year 870 At 31 March 2021 Not book valua At 31 March 2021 At31 March 2020 1,647 11. Dobtors 2020 Othor debtors 759 759 482 12. Crndltors: Amoun18 falllng due wlthln ono year 2021 2020 Trade ¢reditor8 Other taxatlon and soclal $8tsJrity Other crodilors Accruals arKI deferred income 1,724 3,928 4,250 4,171 279 16,221 10,920 16,572 24,921 Pag8 13
RECONCILING LEADERS NEfwoRK NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2021 13. Slatoment ol tund8 Statem1 of tund8- eurrnnt yoAr Balan¢fr at 31 Mar¢h 2021 Balan¢e at 1 Aprll 2020 Tran9terg Inlout Inme Expendlture unrn8trfct lund3 Genoral Funds 141,926 173077 (226,771) (20,000) 69,032 Rostrlcl8d fund* Prfson Fund (7,000) 13.000 Total ol lunda 141,W26 173,877 (233,7T1) 82,032 Statement ot lundg- prfor year Balance al 31 March 2020 Balance al l April 2019 Irorne EXpendire Unrostrt¢t6d lunds Ger81 Funds 66,779 414,384 (339,237) 141,926 Prf8on Fund Thls fund flnanc8S Part of tho Salary of a staff m8mbgr to suwjort swjport actsth68. The transfèT In the year ended 31 March 2021 amounttng to £20,000 from Unrestrid8d Gen&ral Funds to the Prsson Fund repre88N8 income that had been re¢eSved In a year rostricted to th8 Prison Fund. Page 14
RECONCILING LEADERS NEfwoRK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2021 14. Analysls ot net agget8 b8lwo8n funds Anal19 of net as801$ botween lund8- Cuffont yffir Rostrfcted Unreslrlcted tunds funds 2021 2021 Total funds 2021 Tangibla Ilxgd a888ts Curfgr¢t assets Creditors due wlthln one year 13.000 84,827 {16,5721 97.827 (16,572) Total 13.000 69.032 82,032 Analysls of not asso1$ betWTr funds. prfor yoar Unrestricted fuThYs Total fvnds Tangiblo lixod a888ts Curront assets Creditors dua within one year 1,647 165,200 124,9211 1,647 1&S,200 (24,921) Totsi 141,926 141,926 15. P8n$lon ¢ommltment• The Charity operates a defined contribution pension scheme. The assets of the schomo are hekl separately from those of the charity in an indopgnd&nty administered fund. The pension cosl charge ropresenls ntrIbutionS payable by thg charity to Iha fund and amounlgd lo £14,516 (2020." £3,098). Contributions lotalling £43 (2020.. £279 Ove} were payable to thg lund at tho Balance sheet date arKI are included in other Creditors. 16. Relatod party irnn$acllong During the year Ih? charity received a grant of £173.87612020: £371,881) from Tha Lambath Trust. The Lamb8lh Trust 1$ a related paty as there were Iwo Trustoos in common during the year ended 31 March 2021, Mr Ken Gosla and Mrs Clare Chapman Ir•$ign8d as a Tru8tee ol the Lamb8th Tru81 on 1 July 2020). Pag8 15