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|CONTENTS|||PAGE|
|---|---|---|---|
|Offlcers and professional||advisors||
|Directors'
report||||
|Auditor's
report||||
|Statement ofFinancial|Activities||10|
|Balance sheet||||
|Statement ofcashflows|||12|
|Analysis ofnet debt|||13|
|Notes to the financial|statements||14|
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||||||Total|Total|
|---|---|---|---|---|---|---|
|||||Unrestricted|Funds|Funds|
|||||Funds|year to 5|16month|
||||Note||April|period to|
||||||2021|5 April|
|||||||2020|
|||||||(restated)|
|INCOME FROM|||||||
|Income from investments||||28,617|28,617|9,278|
|Donations||||698,303|698,303|4,402,592|
|Total income||||726,920|726,920|4,411,870|
|EXPENDITURE|ON||||||
|Charitable
activities||||180,000|180,000|103,015|
|Support costs||||66,790|66,790|17,406|
|Total expenditure||||(246,790)|(246,790)|(120,421)|
|Net (losses)/gains|on investments|||(214,235)|(214,235)|165,138|
|Net (losses)/gains|on foreign exchange|||(377)|(377)|35,531|
|NET INCOME BEFORETAX||||265,518|265,51S|4,492,118|
|Overseas tax deducted||at source||(2,281)|(2,281)||
|NET INCOME AFTER TAX||||263,237|263,237|4,492,118|
|RECONCILIATION||OFFUNDS|||||
|Total funds brought|forward|||4,485,993|4,485,993|6,125|
|Total funds carried forward||||4,749,230|4,749,230|4,485,993|
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|||||5April
2021||5 April
2020|
|---|---|---|---|---|---|---|
|||||||(restated)|
|FIXEDASSETS|||||||
|Investments||||4,122,781||4,472,123|
|CURRENT ASSETS|||||||
|Prepayments
and|accrued income||138,608||884,258||
|Cash at bank|||1,562+86||148,117||
||||1,700,994||1,032,375||
|CURRENT LIABILITIES|||||||
|Creditors —falling|due within one year|8|~1,049,545||~1,015,505||
|NET CURRENT|ASSETS|||651,449||13,870|
|TOTAL ASSETS LESSCURRENT
LIABILITIES||||4,774,230||4,485,993|
|Creditors —falling|due after one year|||(25,000)|||
|NET ASSETS||||4,749,230||4,485,993|
||LPGA||||||
|FUNDS|||||||
|Unrestricted||10||4,749,230||4,485,993|
|||||4,749/30||4,485,993|
|Statements:|||||||
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|||Year to 5|16months to|
|---|---|---|---|
|||April 2021|5 April|
||||2020|
||||(restated)|
|CASHFLOWS FROM OPERATING ACTIVITIES||||
|Profit for the financial year||263,237|4,492,118|
|Adjustments
for||||
|(Loss)/Profit
from sale ofinvestments||(661)|10,326|
|Interest received||(345)|(14)|
|Decrease/(Increase)
in debtors||745,650|(884,258)|
|Increase in creditors||56,040|7,380|
|Revaluation
loss/(gain) ofinvestments||214,235|(165,138)|
|NET CASH GENERATED FROM OPERATING
ACTIVITIES||1,278,156|3,460,414|
|CASHFLOWS FROM INVESTING|ACTIVITIES|||
|Purchase ofinvestments||(238,100)|(5,480,887)|
|Proceeds on disposal ofinvestments||373,868|1,163,576|
|Interest received||345|14|
|NET CASH GENERATED/(USED)
ACTIVITIES|IN INVESTING|136,113|(4,317,297)|
|CASHFLOWS FROM FINANCING|ACTIVITIES|||
|Loans received|||1,000,000|
|NET CASH GENERATED FROM FINANCING
ACTIVITIES|||1,000,000|
|INCREASE IN CASH AND CASH EQUIVALENTS||1,414,269|143,117|
|Cash at the beginning ofthe period||148,117|5,000|
|CASH AND CASH EQUIVALENTS|AT END OFPERIOD|1,562,386|148,117|
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||||At 6April|Cash|At 5April|
|---|---|---|---|---|---|
||||2020|flows|2021|
|Cash|at bank and in hand||148,117|1,414,269|1,562,386|
|Loans|falling due within|1 year|~1,000,000||~1,000,000|
||||(851,883)|1,414,269|562@86|
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|3.|INCOME|||||||
|---|---|---|---|---|---|---|---|
|||||||Year to 5|16months|
|||||||April 2021|to 5 April|
||||||||2020|
||||||||(restated)|
||Donations
received|||||698,303|4,402,592|
||Dividend
income|||||28,273|9,264|
||Bank interest|received||||344|14|
|||||||726,920|4,411,870|
|4.|CHARITABLE ACTIVITIES|||||||
||During the year, the|||following donations|were made;|||
|||||||Year to 5|16months|
|||||||April 2021|to 5 April|
||||||||2020|
||Children
and|the Arts|||||68,015|
||Action for Stammering|||Children|||10,000|
||The Polka Theatre||||||25,000|
||Barking &Dagenham|||Youth Zone||25,000||
||Hammersmith|&Fulham Youth Zone||||75,000||
||The Trussel1|Trust||||10,000||
||Big Change Charitable|||Trust||50,000||
||The Prince's|Foundation||||15,000||
||Kids N'Action|||||5,000||
|||||||180,000|103,015|
|5.|SUPPORT COSTS|||||||
|||||||Year to 5|16months|
|||||||April 2021|to 5 April|
||||||||2020|
||Accountancy|fees||||13,120|8,780|
||Audit fee —statutory||audit|||3,660|3,600|
||Legal &professional|||fees||34,983||
||Admin fees|||||119|10|
||Bank charges|||||16|16|
||Management|fees||||6,666|5,000|
||Insurance|||||534||
||Promotional|costs||||7,200||
||Computer
consumables|||||492||
|||||||66,790|17,406|
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||Year to 5|16months to|
|---|---|---|
|Analysis ofmovement
on|April 2021|5 April 2020|
|investments
during the year|||
|Market value brought
forward|4,472,123||
|Additions
at cost|238,100|5,480,887|
|Disposals at carrying value|(373,868)|(1,163,576)|
|Net (loss)/gain
on revaluation|~213,524|154,812|
|Market value carried forward|4,122,781|4,472,123|
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|CREDITORS —FALLING|DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2021|2020|
||||(restated)|
|Accruals||24,545|18,505|
|Other creditors||1,025,000|1,000,000|
|||1,049,545|1,018,505|
|CREDITORS —FALLING|DUE AFTER ONE YEAR|||
|||2021|2020|
|Other creditors due between|1to 5years|25,000||
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|FUNDS|||||
|---|---|---|---|---|
|Unrestricted|Funds||||
|General funds|||2021|2020|
|||||(restated)|
|Brought forward|||4,485,993|(6,125)|
|Income|||726,920|4,411,870|
|Expenditure|||(246,790)|(120,421)|
|Net (losses)/gains|||(214,612)|200,669|
|Overseas tax|deducted|at source|(2,281)||
|Carried forward|||4,749,230|4,485,993|
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