OpenCharities

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

2022-03-31-accounts

Pandemic
crisis
grants 6267,900
ChiMren's
activities and clubs
K235,664
School lunches, uniform, transport F111,046
Childcare f93,739
SEND support E,63,886
Children's
catch-up grants
f28,262
New baby grants f28,180
General crisis grants f26,805
Clothing, kit &homeware 27,405
Enabling working away from home A,857
Miscellaneous El,515

e ofACT's investment
i
19)was:
n the Alpha Comm on
Investment
Fund a
Total Return Alpha CIF'sICAIF's
bespoke beitchmark
First quarter of2022 -4.3% -1.9%
Calendar year 2021 10.7% 137%
Calendar year 2020 104% 6.8%
Calendar year 2019 20.8% 18.5%
Calendar year 2018 -4.0% -4.9%
Calendar year 2017 10.9% 11.3%
Calendar year 2016 10.9% 16.6%
Calendar year 2015 3.5% 2.8%
Calendar year 2014 6.5% 8.6%

or the year ende d 3 1March 2022
Note Unrestricted Designated Education Education Total Tend
General lncorne Restricted Rrstrjcted Funds Funds
Fund Fund Fund Endowment 2022 2021
2022 2022 2022 Fund
2022
Income from:
Donations
8r. legacies
59,486 59,486 223,948
Investments 150,764 11,678 162,442 213,255
Total 59486 150764 11678 221 928 437 03
Expenditure ou:
Raising funds 7 1,352 29,615 2,363 33,330 19,651
Charitable
activities
8 1,149,068 12,960 - 1,162,028 I$78,443
Total I 150 20 29,615 12960 2
63
1195 58 1398094
Net (expenditure)/income 1 090 934 121 149 12960 9315 973430 960 91
Net gains on investments 10 175,767 14,467 190,234 1,244,980
Net (expenditure)/
income
I 09 934 296916 12960 23782 19 284089
Transfers between funds 1,100,764 (1,I00,764) 11,678 (11,678)
Net movement
in funds
9,830 (803,848) (1,282) 12,104 (783,196) 284,089
Reconciliation offunds:
Total brought forward 112,069 6,138,131 7,024 447,420 6,704,644 6,420,555
Total carried forward 121899 5 34 83 5,742 459
24
5921 48 6704644

March 202 2
Note 2022 2021
Fixed assets:
Tangible fixed assets 13 2,102 4,205
Investments 10 5793808 6585 551
Totalfued assets 5795910 6589756
Current assets:
Debtors 8,096 7,328
Cash at bank and in hand 130995 115,21)
Total current assets 139091 122539
Liabilities:
Creditors: Amounts falling due within one year 12 13 553 7651
Net current assets lPiabilities) 125,538 I14,888
Total assets less current liabilities 5921448 6704644
Total net assets 5,921448 6 704644
The funds ofthe charity:
Endowment
funds
14 459/24 447,420
Restricted income funds 14 5,742 7,024
Unrestricted
funds
14 5,456,182 6,250,200
Total charity farrds 5921448 6704644

For the year ended 31March 2 022
2022 2021
f.
Cash flows from operating activities:
Net surplus /(deficit) in year (973,428) (960,891)
Adjustment
for depreciation
2 103 2 102
Net cash generated
/ (used) in operating
activities (971,325) (958,789)
Purchase offixed assets 0 0
Net drawdown
from investments
981,978 896,067
Decrease / (increase) in debtors (769) 43
Increase / (decrease) in creditors 5902 6360
Net increase /(decrease)
in cash
15784 69039
Change in cash and cash equivalents in the year 15,784 (69,039)
Cash and cash equivalents
at the beginning ofthe
reporting
period
115,211 184,250
Cash and cash equivalents
at year end
130995 115,211

nal ysis ofcash and cash eqIIivalents
2022 2021
Cash at bank and in hand 130995 115211
Total cash and cash equivalents 130995 115,211

Note Unrestricted Designated Designated Education Education Total Total
General incorue Restricted ttestricted Funds Funds
Fund Fund Fund Endowment 2021 2020
2021 2021 2021 Fund
2021
Income from:
Donations &legacies 223,948 223,948 860,991
Investments 2 200,226 13,029 215,235 226,859
Total 223948 200226 13029 437 03 I 087
0
Expeaditure on:
Raising funds 7 3,584 15,082 985 19,651 39,328
Charitable
activities
1,368,943 - 9,500 1,378,443 942,096
Total 1373 27 15082 9 00 985 1398094 981324
Net gains on invtutments 10 1,165,331 79,649 1+44,980 (158,802)
Net (expenditure)/
incense
114579 1 0475 9 00 91693 284089 52 76
Transfers between fuads 1,080,226 (1,080326) 13,029 (13,029)
Net movement
in funds
(68,353) 270,249 3,529) 78,664 284,089 (52,376)
Recondliation
offunds:
Total funds brought forward 180,422 5,867,882 3,495 368,756 6,420,555 6,472,931
Total funds carried forward 112069 6 138131 7024 447420 6704 644 6420 55

ote 2: investment
income
2022 2021
f.
Dividends and interest from investments 162,442 213,255
Bank account interest 0 0
Total 162442 213255

2022 2021
K
Donations 44,107 217,877
Gift Aid payment from HMRC 3,580 2,87I
Legacies 11,634 3,000
Membership subscriptions, in substance donations 165 200
Donated goods and services 0 0
Total 59486 223 948

2022 2021
Salaries
Employer's
tax 4 NI 121,481
9,372
107,862
7,548
Pensions 3426 3037
Total 134279 118447

2022 2022 2021
Auditor's remuneration —audit services. 7 500 6,600
Note 7: raising funds
UG Fund ERFund DI Fund ERE Fund Total 2922 Total 2021
2022 2022 2022 2022
f. f. f.
London Marathon,
Justgiving,
Gazette k
Law Society
Barclaycard.
1,352 1,352 3,584
Investment manager' s
net fees. 29 615 2362 31 977 16067
Total I 352 29,615 2,362 33+29 19,651

Note 8: charitab1e a ctivities
UG Fund ERFund DI Fund ERE Fund Total 2022 Total 2021
2022 2022 2022 2022
E f.
Grants 937,189 12,960 950,149 1,157,627
Salaries 134,279 134,279 118,447
Support costs —other 55,742 55,742 80,584
Support costs-
governance 21 858 21 858 21,786
Total I 149068 12.960 I 162028 I 37
44

Cash fund Quoted investments Total
f.
Market value: I April 2021 49,402 6,536,149 6,585,551
Net additions / (disposals) (923,028) (923,028)
Realised and unrealised gains/(losses) 135,630 135,630
Net cash movement 4346
31March 2022 45056 5 748 751 5793807

Debtors at 31March 2022
were K8,096
were K8,096
(K7,327a t the pr ior year end),
Note 12: creditors: amounts falling due within one year
2022 2021
Other creditors 3,068 151
Accruals and deferred income 10485 7500
Total 13+53 7,651
Note 13:other fixed assets
2022
Cost brought forward 4,205
Additions 0
Cost carried forward ~4205
Accumulated
depreciation
brought forward 0
Charge in year 2,103
Accumulated
depreciation
camed forward
Net book value at31March 2022 2,102
Net book value at3I March 202I 4,205

nalysis ofnet a ssets betw een
funds
Unrestricted Designated Education Education Total
General income Restricled Restricted Funds
Fund Fund Fund Endowment 2022
2022 2D22 2022 Fund
2D22
6
Tangible fixed assets 2,102 2,102
Investments 5,334/83 459,524 5,793,807
Current assets 133,350 5,742 139,092
Current liabilities (13,553) (13,553)
Total 121899 5 34,283 5,742 459 24 5,921448
Unrestricted Designated Education Education Total
General Income Restricted Restricted Funds
Fund Fund Fund Endowment 2021
2021 2D21 2D21 Fund
2021
Tangible fixed assets 4,205 4,205
Investments 6,138,131 447,420 6,585451
Current assets 115,513 7,024 122„539
Current liabilities (7,651) (7,651)
Total 112,069 6,138,131 7,0?4 447/20 6,784,644