| Trustees | NW Climer CBE FREng (Co-Chair) | |
|---|---|---|
| Sir CAPissarides(Co-Chair) | ||
| MT Chowdhury | (Appointed9October 2020) | |
| ME Dalton | (Appointed16March 2020) | |
| DrNDanhash | ||
| DrAO lmafidonMBE | ||
| HMounffield | ||
| GJNuttallOBE | ||
| DBarone Soares | (Appointed'14 October | |
| 2O2O) | ||
| Secretary | AThomas | |
| Charity number | '1180718 | |
| Gompany number | 11263261 | |
| Principal address | Somerset House | |
| Strand | ||
| London | ||
| London | ||
| WC2R1LA | ||
| Registeredoffice | Fieldfisher | |
| Riverbank House | ||
| 2 SwanLane | ||
| London | ||
| EC4R3TT | ||
| lndependent examiner | Rogers Spencer | |
| NewsteadHouse | ||
| PelhamRoad | ||
| Nottingham | ||
| NGs.lAP | ||
| Bankers | Metro Bank PLC Metro Bank PLC | |
| 1SouthamptonRow | ||
| Holborn | ||
| London | ||
| WClBsHA |
| Page | |
|---|---|
| Trustees'report | 1-5 |
| StatementofTrustees' responsibilities | |
| lndependentexaminelsrePort | |
| Statementoffinancial activities | |
| Balance sheet | |
| Notes to thefinancial statements | 1o-18 |
| UnrestrictedRestricted funds funds 2A20 2020 |
UnrestrictedRestricted funds funds 2A20 2020 |
TotalUnrestrictedRestrictedTotal funds funds 2020 2019 2019 2019 |
TotalUnrestrictedRestrictedTotal funds funds 2020 2019 2019 2019 |
TotalUnrestrictedRestrictedTotal funds funds 2020 2019 2019 2019 |
TotalUnrestrictedRestrictedTotal funds funds 2020 2019 2019 2019 |
||
|---|---|---|---|---|---|---|---|
| Notesf,fEftI | |||||||
| lncomefrom: | |||||||
| Donations andlegacies3 | 106,000 | 122,828 | 228,828 162,500 | 147,675310,175 | |||
| Expenditureon: Raisingfunds |
4 | - | 15,101 | 15,101 | - | 44,081 | 44,081 |
| charitableactivities 5 | 131,723 | 94,0A2 | 225,725 | 75,556 | 95,816 | 171,372 | |
| Total resources expended |
131,723 | 109,103 | 240,826 | 75,556 | 139,897 | 215,453 | |
| Net | |||||||
| (outgoing}/incoming resources before |
(2s,723) | 13,72s | (11.998) 86,944 | 7,778 | 94,722 | ||
| Grosstransfers | |||||||
| betweenfunds | 2JA7 | Q,107) | - |
(7,688) | 7,688 |
||
| Net(expenditure)/incomefor | |||||||
| theyearl Netmovementinfunds |
(23,616) | 1 1,618 | (11,998) | 79,256 | 15,466 | 94,722 | |
| Fund balances at1 | |||||||
| September 2019 | 79,256 | 15,466 | 94,722 | ||||
| Fund balancesat31 | |||||||
| August2020 | 55,640 | 27,084 | 82,724 | 79,256 | 15,466 | 94,722 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | fsff, | ||||
| Fixed assets | |||||
| Tangible assets | 4,979 | 4,855 | |||
| Current assets | |||||
| Cashatbank andin hand | 110,197 | 103,882 | |||
| Creditors: amountsfallingduewithin oneyear |
10 | (32,452) | (14,015) | ||
| Netcunent assets | 77,745 | 89,867 | |||
| Total assets lesscurrent liabilities | 82,724 | 94,722 | |||
| lncomefunds | |||||
| Restricted funds | 11 | 27,4U | 15,466 | ||
| Unrestricted funds | 55,640 | 75,256 | |||
| 82,724 | 94,722 |
| Donationsandlegacies | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TotalUnrestricted | Restricted | Total | |||
| funds | funds | funds | funds | ||||
| 2020 | 2A20 | 2020 | 2419 | 2019 | 2019 | ||
| t | t | tf | t | e | |||
| Donations and gifts Grants |
96,000 10,000 |
122.828 | 96,000 132,828 |
162,500 - - 147,675 |
162,500 147,675 |
||
| 106,000 | 122,828 | 228.828 | 162,500 | 147.675 | 310,175 | ||
| Donationsandgifts | |||||||
| Founder'sCircle | |||||||
| Members | 10,000 | 10,000 | 20,000 | 20,000 | |||
| Esmee Fairbaim | |||||||
| foundation | 10,000 | 10,000 | 15,000 | 15,000 | |||
| Goldman Sachs Gives | 75,000 | 75,000 | |||||
| DeutschePost | |||||||
| Foundation | 40,000 | 40,000 | 50,000 | 50,000 | |||
| HMRC giftaidpayment | 2,500 | 2,500 | |||||
| The Quilter Foundation | |||||||
| Secure FuturesFund | 1,000 | 1,000 | |||||
| Johnson Brothers &Co | |||||||
| (Lord Hodgson) | 10,000 | 10,000 | |||||
| JonathanHall | 25,000 | 25,000 | |||||
| 96,000 | 96,000 | 162,500 | 162,500 | ||||
| Grants receivablefor | |||||||
| coreactivities | |||||||
| The Health Foundation TrustforLondon |
8,818 50,000 |
8,818 50,000 |
25,000 102,740 |
25,000 1A2,740 |
|||
| Open Society Foundation | 64,010 | 64,010 | 19,935 | '19,935 | |||
| 't0,000 | 10,000 | ||||||
| 10,000 | 122,828 | 132,828 | 147,675 | 147,675 | |||
| Raisingfunds | |||||||
| Restricted | Restricted | ||||||
| funds | funds | ||||||
| 2020 | 2019 | ||||||
| f | e | ||||||
| Fundraisino andpublicitv | |||||||
| Otherfundraising costs | 15,101 | 44,481 | |||||
| 15,101 | 44,A81 |
| Costof | Costof | |
|---|---|---|
| Charitable | Charitable | |
| Activities | Activities | |
| 2020 | 2019 | |
| t | E | |
| Staff costs | 142,317 | 93,207 |
| Depreciation and impairment | 2,134 | 1,316 |
| Rent | 14,158 | 26,534 |
| Rates | 502 | 1,301 |
| Meeting room hire | 1,896 | 600 |
| Cleaning | 562 | 672 |
| Telephone &Fax | 733 | 800 |
| Stationery&printing | 423 | 889 |
| Travel&Subsitence | 1,130 | 1,188 |
| Subscriptions | 1,386 | 534 |
| Bank charges | 240 | '191 |
| Other lnterest | 3 | |
| General expenses | 1,534 | 2,515 |
| Repairs & maintenance | 105 | |
| Other legal&professional | Q; | 128 |
| Consulting | 50,033 | 25,832 |
| lnsurance | 768 | 518 |
| Other charitable expenditure | 6,224 | 12,039 |
| 224,165 | 168,372 | |
| Shareofgovemance costs (see note6) | 1,560 | 3,000 |
| 225,725171,372 | ||
| Analysisbyfund | ||
| Unrestricted funds | 131,723 | 75,556 |
| Restrictedfunds | 94,002 | 95,816 |
| 225,725171,372 |
| 6 | Supportcosts | SupportGovernance costs costs |
SupportGovernance costs costs |
2020Supportcosts | 2020Supportcosts | Governance costs |
2019 |
|---|---|---|---|---|---|---|---|
| Efffff | |||||||
| lndependent ExaminationFees |
1,560 | 1,560 | - | 3,000 |
3,000 | ||
| 1,560 | 1,560 | - | 3,000 |
3,000 | |||
| Analysed between | |||||||
| Charitableactivities | - | 1,560 | 1,560 | - | 3,000 | 3,000 |
| The average monthly number of employees during theyearwas: | ||
|---|---|---|
| 2024 | 2019 | |
| Number | Number | |
| 44 | ||
| Employmentcosts | 2020 eā¬ |
2019 |
| Wages and salaries Social security costs Otherpensioncosts |
128,792 10,583 2.942 |
87,840 3,465 1,507 |
| 142,317 | 93.207 | |
| Remuneration and keymanagementpersonnel | ||
| The remuneration of key management personnelis asfollows: | ||
| Aggregatecompensation | 41,501 | 44,000 |
| Tangiblefixedassets | ||||
|---|---|---|---|---|
| Fixturesand | Computers | Total | ||
| fittings | ||||
| t | f | f | ||
| Cost | ||||
| At1September 2019 | 1,444 | 4,728 | 6,172 | |
| Additions | 80 | 2,177 | 2,257 | |
| At31Augustz0zA | 1,524 | 6,905 | 8,429 | |
| Depreciation andimpairment | ||||
| At1September 2019 | 327 | 990 | 1,317 | |
| Depreciation chargedin theyear | 359 | 1,774 | 2,133 | |
| At31Augusl2020 | 2,764 | 3,450 | ||
| Carryingamount | ||||
| At31Auguslz929 | 4,141 | 4,979 | ||
| At31August 2019 | 1,117 | iI1 | 4,855 | |
| {0 | Creditors:amountsfallingduewithinoneyear | |||
| 2020 | 2019 | |||
| ā¬ | ā¬ | |||
| Othertaxation and social security | 21,025 | 4,028 | ||
| Othercreditors | 6,867 | 6,987 | ||
| Accrualsanddeferredincome | 4,560 | 3,000 | ||
| 32,452 | 14,015 |
| 12 | Analysis ofnet assets | betweenfunds UnrestrictedRestricted funds funds 2020 2A20 fSttEE |
betweenfunds UnrestrictedRestricted funds funds 2020 2A20 fSttEE |
Total UnrestrictedRestrictedTotal funds funds 2A20 2019 2019 2019 |
Total UnrestrictedRestrictedTotal funds funds 2A20 2019 2019 2019 |
Total UnrestrictedRestrictedTotal funds funds 2A20 2019 2019 2019 |
|---|---|---|---|---|---|---|
| Fundbalances at31 | ||||||
| August2O2Oare | ||||||
| representedby: Tangibleassets |
4,979 | - | 4,979 | 4,855 - |
4,855 | |
| Current assets/ (liabilities) |
50,661 | 27,084 | 77,745 | 74,401 15,466 | 89,867 | |
| 55,640 | 27,084 | 82,724 | 79,256 15,466 | 94,722 |