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|Trustees||N WClimer CBE|N WClimer CBE|FREng (Co-Chair)|
|---|---|---|---|---|
|||SirCA Pissarides||(Co- Chair)|
|||M TChowdhury|||
|||M E Dalton|||
|||DrA0 Imafidon|MBE||
|||GJ Nuttall OBE|||
|||D Barone Soares|||
|Secretary||AThomas|||
|Charity number||1180718|||
|Company
number||11263261|||
|Principal address||Somerset House|||
|||Strand|||
|||London|||
|||WC2R 1LA|||
|Registered|office|Fieldlisher|||
|||Riverbank
House|||
|||2 Swan Lane|||
|||London|||
|||EC4R 3TT|||
|Independent|examiner|Rogers Spencer|||
|||Newstead
House|||
|||Pelham Road|||
|||Nottingham|||
|||NGS 1AP|||
|Bankers||Metro Bank PLC|||
|||1 Southampton|Row||
|||Holborn|||
|||London|||
|||WC1B 5HA|||
##
||||Page|
|---|---|---|---|
|Trustees'
report|||1-9|
|Independent
examiner's||report|to|
|Statement offinancial|activities|||
|Balance sheet|||12|
|Statement ofcash flows|||13|
|Notes to the financial|statements||14-24|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2022f|2022f|2022f|2021f|2021f|2021f|
|Income and endowments||from.|||||||
|Donations
and legacies||3|147,698|665,384|813,082|126,000|220,178|346,178|
|Other income||4|7,500||7,500|4,175||4,175|
|Total income|||155,198|665,384|820,582|130,175|220,178|350,353|
|~Edit|||||||||
|Raising funds|||1,950||1,950|3,575||3,575|
|Charitable
activities||6|39,728|618,023|657,751|157,662|132,800|290,462|
|Total expenditure|||41,678|618,023|659,701|161,237|132,800|294,037|
|Net incoming resources|||||||||
|before transfers|||113,520|47,361|160,881|(31,062)|87,378|56,316|
|Gross transfers|between||||||||
|funds|||64,803|(64,803)||32,810|(32,810)||
|Net income/(expenditure)||for|||||||
|the year/|||||||||
|Net movement|in funds||178,323|(17,442)|160,881|1,748|54,568|56,316|
|Fund balances at 1 September|||||||||
|2021|||57,389|81,651|139,040|55,640|27,084|82,724|
|Fund balances|at 31August||||||||
|2022|||235,712|64,209|299,921|57,388|81,652|139,040|
##
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Fixed assets||||||||
|Tangible assets|||10||5,260||3,485|
|Current assets||||||||
|Debtors||||65,022||50,571||
|Cash at bank and|in|hand||303,525||119,818||
|||||368,547||170,389||
|Creditors: amounts||falling due within||||||
|one year|||12|(73,886)||(34,834)||
|Net current assets|||||294,661||135,555|
|Total assets less|current liabilities||||299,921||139,040|
|income funds||||||||
|Restricted funds|||13||64,209||81,652|
|Unrestricted
funds|||||235,712||57,388|
||||||299,921||139,040|
##
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||6||
|Cash flows from operating|||activities||||||
|Cash generated||from operations||16||187,058||9,621|
|Investing|activities||||||||
|Purchase|oftangible fixed assets||||(3,351)||||
|Net cash|used|in investing|activities|||(3,351)|||
|Net increase
in||cash and cash equivalents||||183,707||9,621|
|Cash and|cash|equivalents|at beginning|ofyear||119,818||110,197|
|Cash and|cash|equivalents|at end of|year||303,525||119,818|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2022|2022|2022|2021|2021|2021|
|||5|8|5|2|f||
|Donations|and gifts|142,698||142,698|120,000||120,000|
|Grants||5,000|665,384|670,384||220,178|220,178|
|Other income|||||6,000||6,000|
|||147,698|665,384|813,082|126,000|220,178|346,178|
|Donations|and gifts|||||||
|Patrons' Circle Members||115,000||115,000|120,000||120,000|
|GiR aid||27,698||27,698||||
|||142,698||142,698|120,000||120,000|
|Grants receivable for||||||||
|core activities||||||||
|Trust for London|||54,167|54,167||54,167|54,167|
|Open Society Foundation|||27,551|27,551||37,764|37,764|
|Emerging|Futures Fund|||||20,324|20,324|
|London Community||||||23,950|23,950|
|Joseph Rowntree|||57,816|57,816||38,544|38,544|
|Nuf8eld|||443,086|443,086||45,429|45,429|
|ICO|||79,702|79,702||||
|Community|trade union|5,000||5,000||||
|Other|||3,062|3,062||||
|||5,000|665,384|670,384||220,178|220,178|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022
2|2021f|
|Furlough|income||received||4,175|
|APPG income||||7,500||
|||||7,500|4,175|
|Raising funds||||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2022|2021|
|||||2|2|
|Fundraisin||and|ublici|||
|Fundraising||consultancy||1,950|3,575|
|||||1,950|3,575|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||8|8|
|Staff costs||||365,499|181,498|
|Depreciation|and impairment|||1,576|1,494|
|Rent||||12,877|10,952|
|Rates||||1,417|300|
|Meeting room hire||||3,102|435|
|Stationery
&printing||||2,573|1,437|
|Travel &Subsistence||||1,141|511|
|Subscriptions||||7,355|4,231|
|Bank charges||||162|201|
|General expenses||||2,770|647|
|Other legal &professional||||2,097|1,440|
|Consultancy||||108,731|64,589|
|Insurance||||890|525|
|Conference|and events production|||2,264|75|
|Content production||||139,106|16,072|
|Advertising||||1,242|1,154|
|Entertainment|||||147|
|Recruitment||||2,909|3,194|
|||||655,711|288,902|
|Share ofgovernance||costs (see note 7)||2,040|1,560|
|||||657,751|290,462|
|Analysis
by|fund|||||
|Unrestricted|funds|||39,728|157,662|
|Restricted funds||||618,023|132,800|
|||||657,751|290,462|
|Governance|costs|||||
|||||2022|2021|
|||||6||
|Independent|Examination||Fees|2,040|1,560|
|||||2,040|1,560|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||Number|Number|
|Employment|costs|||2022|2021|
|||||6|6|
|Wages and salaries||||325,947|164,444|
|Social security|costs|||31,746|13,162|
|Other pension|costs|||8,677|3,892|
|||||365,499|181,498|
|Remuneration|and key management|personnel||||
|The remuneration
of key management||personnel|is as follows:|||
|Aggregate
compensation||||62,758|66,024|
##
|10|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|---|
|||||Fixtures and|Computers|Total|
|||||fittings|||
|||||8|||
||Cost||||||
||At 1 September 2021|||1,524|6,904|8,428|
||Additions||||3,351|3,351|
||At 31August|2022||1,524|10,255|11,779|
||Depreciation|and impairment|||||
||At 1 September 2021|||937|4,006|4,943|
||Depreciation|charged|in the year|178|1,400|1,578|
||At 31August|2022||1,113|5,406|6,519|
||Carrying
amount||||||
||At 31August|2022||411|4,849|5,260|
||At 31August|2021||587|2,898|3,485|
|11|Debtors||||||
||||||2022|2021|
||Amounts
falling due||within one year:||8|8|
||Trade debtors|||||3,000|
||Prepayments|and accrued income|||65,022|47,571|
||||||65,022|50,571|
|12|Creditor: amounts||falling due within one year||||
||||||2022|2021|
|||||||8|
||Other taxation|and social security|||11,687|4,658|
||Trade creditors||||30,933|1,772|
||Other creditors||||1,984|811|
||Accruals and|deferred|income||29,282|27,593|
||||||73,886|34,834|
||||||||||||'|||
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##
|14|Analysis of|net assets|between funds||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restdcted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2022
f|2022
8|2022
f|2021
F|2021
6|2021
6|
||Fund balances at 31||||||||
||August 2022|are|||||||
||represented|by:|||||||
||Tangible assets||5,260||5,260|3,485||3,485|
||Current assets/(liabilities)||230,453|64,208|294,661|53,903|81,652|135,555|
||||235,713|64,208|299,921|57,388|81,652|139,040|
##
##
##
|||||||
|---|---|---|---|---|---|
|Cash generated
from|opera|tions||2022|2021|
|||||6|6|
|Surplus for the year||||160,881|56,316|
|Adjustments
for:||||||
|Depreciation
and impairment||oftangible|fixed assets|1,576|1,494|
|Movements
in working|capital:|||||
|(increase)
in debtors||||(14,451)|(50,571)|
|Increase
in creditors||||39,052|2,382|
|Cash generated
from|operations|||187,058|9,621|