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|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers||
|Trustees' report||||2-6|
|Independent
auditors'|report|on the financial statements||7-10|
|Statement offinancial|activities||||
|Balance sheet||||12|
|Notes to the financial|statements|||13-25|
|Trustees|||J Ahlefeldt-Laurvig,|Trustee|Trustee|(resigned|12February 2021)|
|---|---|---|---|---|---|---|---|
||||J Chablani,
Chair|||||
||||LWithers, Trustee|||||
||||E A L Chesworth,|Trustee||||
||||JW Kyle, Trustee|(appointed||27 May|2021)|
||||P E Surl, Trustee|||||
|Company|registered|||||||
|number|||11322726|||||
|Charity registered||||||||
|number|||1178743|||||
|Registered||office|Aston House|||||
||||Cornwall
Avenue|||||
||||London|||||
||||N3 1LF|||||
|Chief executive officer|||M C Apruzzese|||||
|Independent||auditors|Adler Shine LLP|||||
||||Chartered
Accountants||and|Statutory|Auditor|
||||Aston House|||||
||||Cornwall
Avenue|||||
||||London|||||
||||N3 1LF|||||
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|||||||Unrestricted|Total|Tots/|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||12months|12months|17months|
|||||||ended|ended|ended|
|||||||31 August|31 August|31August|
|||||||2021|2021|2020|
||||||Note|6|6||
|Income from:|||||||||
|Donations
and|legacies|||||57,416|57,418|128,625|
|Investments||||||70,608|70,608|110,773|
|Other income||||||||1,225|
|Total income||||||128,026|128,026|240,625|
|Expenditure
on:|||||||||
|Charitable
activities|||||6|149,967|149,967|202,183|
|Governance
costs|||||9|18,761|18,761|14,380|
|Total expenditure||||||168,728|168,728|216,563|
|Net (expenditure)/income|||before|net gains on|||||
|investments||||||(40,702)|(40,702)|24,063|
|Net gains on investments||||||||6,000|
|Net movement|in|funds before other recognised|||||||
|gains/(losses)||||||(40,702)|(40,702)|30,053|
|Other recognised||gains/(losses):|||||||
|Gains/(losses)|on revaluation||offixed assets||13|150,000|150,000|(150,000)|
|Other losses on Social investment||||assets|14|(10,000)|(10,000)||
|Net movement|in|funds||||99,298|99,298|(119,937)|
|Reconciliation|of|funds:|||||||
|Total funds brought||forward||||2,639,119|2,639,119|2,759,056|
|Net movement|in funds|||||99,298|99,298|(119,937)|
|Total funds carried forward||||||2,738,417|2,738,417|2,639,119|
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|||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||AS AT 31AUGUST 2021|||||
|||Note||2021
6||2020f|
|Fixed assets|||||||
|Social investments||14||||10,000|
|Investment
property||13||2,750,000||2600,000|
|||||2,750,000||26'l0,000|
|Current assels|||||||
|Debtors||15|7,353||6,998||
|Cash st bank and in hand|||11,855||48,751||
||||19,208||55,749||
|Creditors: amounts|falling due wihhin one||||||
|year||16|(24,118)||(26,830)||
|Net current liabfiitiss Iassets||||(4,910)||29,119|
|Total assets less cunent fiabfiitlas||||E745,090||2639,119|
|Creditors: amounts|falling due after more||||||
|than one year||17||(6,673)|||
|Total net assets||||2,738,417||2,839,119|
|Chadty funds|||||||
|Restricted funds||18|||||
|Unrestricted
funds||18||2,738,417||2839,119|
|Total funda||||2,738rtty||2839,'l19|
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|12months|12months|17months|
|ended|ended|ended|
|31August|31August|31August|
|2021|2021|2020|
|6|6||
|57,418|57,418|126,625|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||12months|12months|17months|
|||ended|ended|ended|
|||31August|31 AUgUst|31August|
|||2021
6|2021
6|2020f|
|Rental|income|70,604|70,604|110,711|
|Bank|interest|4|4|62|
|||70,608|70,608|110,773|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||12months|12months|17months|
||||ended|ended|ended|
||||31 August|31August|31August|
||||2021|2021|2020|
||||6|6|8|
|Wesko's|prize|winnings|||1,228|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||12months|12months|17months|
||||ended|ended|ended|
||||31August|31August|31August|
||||2021f|2021|2020f|
|Administrative||expenditure|31,445|31,445|41,591|
|Charitable|expenditure||89,376|89,376|113,615|
|Education|sessions||21,728|21,728|18,252|
|Equipment|and|uniforms|7,418|7,418|28,825|
||||149,967|149,967|202,183|
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||||Activities|Grant|||
|---|---|---|---|---|---|---|
||||undertaken|funding
of|Total|Total|
||||directly|activities|funds|funds|
||||12months|12months|12months|17months|
||||ended|ended|ended|ended|
||||31August|31August|31August|31August|
||||2021|2021|2021f|2020
5|
|Administrative||activities|31,445||31,445|41,691|
|Charitable|activities||89,376||89,376|113,615|
|Investment|property costs||21,728||21,728|18,252|
|Equipment|and|uniforms||7,418|7,418|28,625|
||||142,549|7,418|149,967|202,183|
|Total 2020|||173,558|28,625|202,183||
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|||Admin-||Investment|||
|---|---|---|---|---|---|---|
|||istrative|Charitable|property|Total|Total|
|||activities|activities|costs|funds|funds|
|||12months|12months|12months|12months|17months|
|||ended|ended|ended|ended|ended|
|||31 August|31August|31August|31August|31August|
|||2021
5|2021|2021
5|2021
5|2020f|
|Staff costs||31,445|20,963||52,408|69,486|
|Hotel, travel|and subsistence||10,038||10,038|30,139|
|Insurance|||1,542|2,397|3,939|2,348|
|Legal &professional||||||7,620|
|Telephone|&stationary||1,725||1,725|2,857|
|Repairs & maintenance|||5,095||5,095|2,824|
|Advertising|and promotion||11,359||11,359|12,486|
|Bank charges|||105||105|281|
|Consultancy|fees||38,400||38,400|28,351|
|Property costs||||19,331|19,331|17,166|
|General expenses|||149||149||
|||31,445|89,376|21,728|142,549|173,558|
|Total 2020||41,691|113,615|18,252|173,558||
|Analysis of grants|||||||
|||||Grants to|Total|Total|
|||||Individuals|funds|funds|
|||||12months|12months|17months|
|||||ended|ended|ended|
|||||31 August|31August|31August|
|||||2021
5|2021
5|2020f|
|Grants, Education sessions||||7,418|7,418|28,625|
|Total 2020||||28,625|28,625||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||12months|12months|17months|
||||ended|ended|ended|
||||31August|31August|31August|
||||2021f|2021f|2020
5|
|Audit|&accountancy|fees|18,761|18,761|14,380|
##
|Audit|ors'
remuneration||||
|---|---|---|---|---|
||||12months|17months|
||||ended|ended|
||||31August|31August|
||||2021f|2020
5|
|Fees|payable to the Company's|auditor for the audit ofthe Company's|||
|annual|accounts||5,000|4,200|
##
|Staff costs||||||
|---|---|---|---|---|---|
|||||12months|17months|
|||||ended|ended|
|||||31August|31August|
|||||2021
E|2020f|
|Wages and|salaries|||49,333|65,752|
|Social security costs||||1,782|2,154|
|Contribution|to defined|contribution|pension schemes|1,293|1,580|
|||||52,408|69,486|
||||12|months|17months|
|---|---|---|---|---|---|
|||||ended|ended|
||||31|August|31August|
|||||2021|2020|
|||||No.|No.|
|Chief|Executive|Officer||||
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|Social investments||
|---|---|
||Social|
||investments|
|Cost||
|At 1 September 2020|10,000|
|Revaluations|(10,000)|
|Net book value||
|At 31 August 2021||
|At 31 August 2020|10,000|
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|||2021f|2020f|
|---|---|---|---|
|Due within one year||||
|Other debtors||6,923||
|Prepayments|and accrued income|430|8,998|
|||7,353|8,998|
##
||||2021f|2020|
|---|---|---|---|---|
|Trade creditors|||8,191|2,212|
|Other taxation|and social security||1,091|994|
|Other creditors||||12,000|
|Accruals and deferred||income|14,836|11,424|
||||24,118|28,830|
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||||Balance at 1||||Balance at|
|---|---|---|---|---|---|---|---|
||||September|||Gains/|31 August|
||||202Df|Income|Expenditure
f.|(Losses)
f|2021
f|
|Unrestricted|funds|||||||
|General funds|||29,119|128,026|(168,728)||(11,583)|
|Investment|property||2,600,000|||150,000|2,760,000|
|Social investments|||10,000|||(10,000)||
||||2,639,119|128,D26|(168,728)|140,000|2,738,417|
|Statement offunds||-prior year||||||
||||||||Balance at|
||||Balance at|||Gainsl|31August|
||||1April 2019|Income|Expendituref|(Losses)f|2020f|
|Unrestricted|funds|||||||
|General funds|||5,056|240,626|(216,563)||29,119|
|Investment|property||2,750,000|||(150,000)|2,600,000|
|Social investments|||4,000|||6,000|10,000|
||||2,759,056|240,626|(21S,563)|(144,000)|2,S39,119|
##
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|||Balance at 1|||||Balance at|
|---|---|---|---|---|---|---|---|
|||September||||Gainsl|31August|
|||2020f|Income
f|Expenditure|f|(Losses)
f|2021
F|
|General|funds|2,639,119|128,026|(168,728)||140,000|2,738,417|
||||||||(3atance at|
|---|---|---|---|---|---|---|---|
||||(3alence at|||Gainsr'|31August|
|||1|April 2019f|Income|Expendituref|(Losses)f|2020f|
|General|funds||2,759,055|240,62S|(215,553)|(144,000)|2,S39,1'l9|
##
|Analysis|of net assets between funds - current year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021f|
|Investment|property|2,750,000|2,750,000|
|Current assets||19,208|19,208|
|Creditors|due within one year|(24,118)|(24,118)|
|Creditors|due in more than one year|(6,673)|(6,673)|
|Total||2,738,417|2,738,417|
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|Analysis|of net assets between funds - prior year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2020f|2020f|
|Investment|property|2,600,000|2,600,000|
|Social investments||10,000|10,000|
|Current assets||55,749|55,749|
|Creditors|due within one year|(26,630)|(26,630)|
|Ttl||2,639,119|2,639,119|
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