| Page | |||
|---|---|---|---|
| Reference and Administrative Details ofthe Company, |
its Trustees and Advisers | ||
| Trustees' Report | 2-4 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 8- 15 |
| Trustees | Mario Conte, Trustee | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Kevin Roy Grant, Trustee | |||||||||
| Jesmond Pawley, Trustee | (resigned | 15September 2021) | |||||||
| Giorgia Sartori, Trustee | |||||||||
| Giancarlo Zamengo, | Trustee | ||||||||
| Gerard Thomas Mary | Hanley, Trustee | ||||||||
| Liam Patrick Redmond, | Trustee | ||||||||
| Kate Elizabeth Castellani, | Trustee | (appointed | 27 October 2021) | ||||||
| Company | registered | ||||||||
| number | 11201248 | ||||||||
| Charity registered | number | 1180228 | |||||||
| Registered | office | c/o Slig Law LLP | |||||||
| Hamilton House |
|||||||||
| 1 Temple Avenue | |||||||||
| Lonclon | |||||||||
| EC4Y OHA | |||||||||
| Accountants | Soteriou Banerj i | ||||||||
| Chattered Accountants |
|||||||||
| 253 Gray's Inn Road | |||||||||
| London | |||||||||
| WC1X 8QT | |||||||||
| Solicitors | Slig Law LLP | ||||||||
| Hamilton House |
|||||||||
| 1 Temple Avenue | |||||||||
| London | |||||||||
| EC4Y OHA | |||||||||
| Independent | Examiner | Mercer &Hole | |||||||
| 21 Lombard Street |
|||||||||
| London | |||||||||
| EC3V 9AH |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | Restricted funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Income from: | ||||||
| Donations and |
legacies | 532,797 | 532,797 | 479,948 | ||
| Investments | 29 | |||||
| Total income | 532,797 | 532,797 | 479,977 | |||
| Expenditure | on: | |||||
| Charitable activities |
275,967 | 275,967 | 84,426 | |||
| Governance | costs | 121)320 | 121,320 | 60,078 | ||
| Total expenditure | 397,287 | 397,287 | 144,504 | |||
| Net movement | in funds | 135,510 | 135,510 | 335,473 | ||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | 331,473 | 4,000 | 335,473 | ||
| Net movement | in funds | 135,510 | 135,510 | 335,473 | ||
| Total funds carried | forward | 466,983 | 4,000 | 470,983 | 335,473 |
| BALANCE | BALANCE | SHEET | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASAT | 31DECEMBER 2021 | |||||||||||
| 2020 (As | ||||||||||||
| 2021 | restated) | |||||||||||
| Note | ||||||||||||
| Current assets |
||||||||||||
| Debtors | 17,734 | 19,499 | ||||||||||
| Cash at bank | and in | hand | 515,037 | 418,356 | ||||||||
| 532,771 | 437,855 | |||||||||||
| Creditors: amounts falling |
due | within one year | 8 | (61,788) | (102,382) | |||||||
| Net current | assets | 470,983 | 335,473 | |||||||||
| Total assets | less current | liabilities | 470,983 | 335,473 | ||||||||
| Net assets excluding | pension | asset | 470,983 | 335,473 | ||||||||
| Total net assets | 470,983 | 335,473 | ||||||||||
| Charity funds |
||||||||||||
| Restricted funds |
4,000 | 4,000 | ||||||||||
| Unrestricted | funds | 466,983 | 331,473 | |||||||||
| Total funds | 470,983 | 335,473 | ||||||||||
| The company | was entitled | to exemption | from | audit under section 477 ofthe Companies | Act 2006. The members | have not | ||||||
| required the company |
to obtain | an audit | for the | year in | question | in accordance | with section | 476ofCompanies | Act | 2006. |
| 3. | Investments | Investments | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||
| funds | funds | funds | ||||||
| 2021 | 2021 | 2020 | ||||||
| Interest | receivable | 29 | ||||||
| 4. | Analysis of | expenditure | by activities | |||||
| Charitable | Governance | Total | Total | |||||
| expenditure | costs | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| Expenditure | 275,967 | 121,320 | 397,287 | 144,504 | ||||
| Analysis of | direct costs | |||||||
| Total | Total | |||||||
| funds | funds | |||||||
| 2021 | 2020 | |||||||
| Printing | and | publications | 96,079 | 49,789 | ||||
| Promotional | expenses | 9,888 | 34,637 | |||||
| Grant - financial projects | 170,000 | |||||||
| 275,967 | 84,426 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| Legal and professional | fees | 54&600 | 33,017 | |
| Administrative | expenses | 14,640 | 17,160 | |
| Sundry expenses | 4,676 | 9,901 | ||
| Communication | costs | 47,404 | ||
| 121,320 | 60,078 |
| 2020 (As | ||
|---|---|---|
| 2021 | Restated) | |
| Due within one year | ||
| Other debtors | 2,138 | |
| Gift Aid Tax recoverable | 17,734 | 17,361 |
| 17,734 | 19,499 |
| Statement of | funtls | ||||
|---|---|---|---|---|---|
| Statement of | funds - current year | ||||
| Balance at 31 | |||||
| Balance at 1 | December | ||||
| January 2021 | Income | Expenditure | 2021 | ||
| Unrestricted | funds | ||||
| General Funds | - all funds | 331,473 | 532,797 | (397,287) | 466,983 |
| Restricted funds | |||||
| Restricted Funds - all funds | 4,000 | 4,000 | |||
| Total offunds | 335,473 | 532,797 | (397,287) | 470,983 | |
| Statement of | funds - prior year | ||||
| Balance at | |||||
| 31December | |||||
| Income | Expenditure | 2020 | |||
| Unrestricted | funds | ||||
| General Funds | - all funds | 475,977 | (144,504) | 331,473 | |
| Restricted funds | |||||
| Restricted Funds - all funds | 4,000 | 4,000 | |||
| Total offunds | 479,977 | (144,504) | 335,473 |
| Analysis | ofnet assets between | funds | |||
|---|---|---|---|---|---|
| Analysis | ofnet assets between | funds - current year | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| Current | assets | 528,771 | 4,000 | 532,771 | |
| Creditors | due within one year | (61,788) | (61,78S) | ||
| Total | 466,983 | 4,000 | 470,983 | ||
| Analysis | ofnet assets between | funds - prior year | |||
| Unrestricted | Restricted | Total | |||
| funds | fiinds | funds | |||
| 2020 | 2020 | 2020 | |||
| Current assets | 433,855 | 4,000 | 437,855 | ||
| Creditors | due within one year | (102,382) | (102,382) | ||
| Total | 331,473 | 4,000 | 335,473 |