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|||Page||
|---|---|---|---|
|Trustees' Report|I|to|3|
|Report ofthe Independent
Auditors|4|to|7|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Cash Flow Statement||10||
|Notes to the Financial Statements|11|to|19|
|Detailed Statement ofFinancial Activities||20||
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||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fuud|funds|
||||Notes||8||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations|||||551@39|1,552,485|
|Investment
income|||||16@34|28,028|
|Total|||||567)673|1,580,513|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Costs ofgrant making|||||842,597|971,230|
|NKT INCOME/(EXPENDITURE)|||||(274)124)|609@83|
|RECONCILIATION|OF|FUNDS|||||
|Total funds brought fortvard|||||3,551)809|2,942,526|
|TOTAL FUNDS CARRIED FORWARD|||||3,276)885|3,551,809|
|CONTINUING
OPERATIONS|||||||
|All income and expenditure||has arisen from|continuing|activities.|||
|F|n
in
'
nm
BalaacM~
31stDecember 2021|nil||
|---|---|---|---|
|||31.12.21|31.12.20|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|CURRENT ASSETS||||
|Debtors||11/95|9,012|
|Cash at bank||3,521,904|3,801,106|
|||3/33)199|3,810,118|
|CREDITORS||||
|Amounts
falling due within one year|12|(226)814)|(196,809)|
|NET CURRENT ASSETS||3@06385|3,613,309|
|TOTAL ASSETSLESSCURRENT
LIAB~||3P06$85|3,613,309|
|CREDITORS||||
|Amounts
falling due after more than one year|13|(29,500)|(61,500)|
|NET ASSETS||3,276,885|3,551,809|
|FUNDS|14|||
|Unrestricted
funds||3/76)885|3,551,809|
|TOTAL FUNDS||3476i885|3,551,809|
##
||||||Cgsh FJgz fi(glnmmnt|Cgsh FJgz fi(glnmmnt|||
|---|---|---|---|---|---|---|---|---|
||||for|he Y|En e 31st|mber|2021||
||||||||31.12.21|31.12.20|
|||||Notes|||||
|Cash flows from operating|activities||||||||
|Cash generated
from operations||||17|||(295,536)|660,099|
|Net cash (used in)/provided|by|opemting|activities||||(295,536)|660,099|
|Cash flows from investing|activities||||||||
|Interest received|||||||16,334|28,028|
|Net cash provided by investing||activities|||||16@34|28,028|
|Change in cash and cash equivalents|||in||||||
|the reporting
period|||||||(279,202)|688,127|
|Cash and cash equivalents|at|the|||||||
|beginning
ofthe reporting|period||||||3,801r106|3,112,979|
|Cash and cash equivalents|at|the end|of||||||
|the reporting
period|||||||3,521,904|3,801,106|
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|DONATIONS|||
|---|---|---|
||31.12.21|31.12.20|
|Corporate donations|550,000|1,550,001|
|Other donations|1/39|2,484|
||551339|1,552,485|
##
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||||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|---|---|
||Deposit account interest||||||16,013|25/42|
||Loan interest||||||321|2,786|
||||||||16/34|28,028|
|4.|CHARITABLE ACTIVITIES COSTS||||||||
|||||||Grant|||
|||||||funding of|||
|||||||activities|Support||
|||||||(see note|costs (see||
|||||||5)|note 6)|Totals|
|||||||||f,|
||Costs ofgmnt making|||||801)624|40,973|842,597|
|5.|GRANTS PAYABLE||||||||
||||||||31.12.21|31.12.20|
|||||||||f.|
||Costs ofgrant making||||||801,624|943,166|
||Material
grants payable to institutions||||in support oftheir charitable|causes are as|follows:||
||||||||2021|2020|
|||||||||f,|
||Adoption UK Charity|||||||50,000|
||Kings College, London||||||59,000||
||Citizens Advice Windsor||and Maidenhead|||||2000|
||Jumbulance
Trust||||||10,000|260|
||Marlow Town Council - Christmas|||lights|||10,000|10,000|
||Thames Hospice||||||100|82,250|
||SATRO|||||||68,723|
||Meals (rom Marlow||||||20,000|25,000|
||Thames Traditional BoatRally||||||10)000||
||RHS Wisley||||||50,000||
||Marlow Opportunity|Playgroup||||||10,000|
||Windsor Lions||||||10,000||
||Maidenhead
Rowing|Club|||||10,000||
||Outward Bound Trust||||||20,000||
||Thames Valley Adventure||Playground||||13)000||
||MRUFC Youth|||||||7,850|
||2nd Amersham
on the Hill||Scout Group|||||10,000|
||Other grants||||||589,524|677,083|
||||||||801,624|943,166|
##
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||2021|2020|
|---|---|---|
|Community|337,105|357,486|
|Disability|109+50|97,790|
|Education|152,836|124,066|
|Health 8cWelfare|138,423|347,454|
|Religion||7,500|
|Wildlife &Conservation|64,010|8,870|
||801,624|943,166|
##
|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
|||Other|costs|Totals|
|Costs ofgrant making||32&237|8,736|40 &173|
|Support costs, included|in the above, are as follows:||||
|Other|||||
||||31.12.21|31.12.20|
||||Costs of||
||||grant|Total|
||||making|activities|
|Wages|||27,504|14&925|
|Social security|||2,608|1,454|
|Pensions|||561|448|
|Sundries||||689|
|Advertising|||1387|3/99|
|Bank charges|||177|349|
||||32437|21,464|
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|Governan|ce
costs||||
|---|---|---|---|---|
||||31.12.21|31.12.20|
||||Costs of||
||||grant|Total|
||||making|activities|
||||8||
|Auditors'|remuneration||7&140|6,600|
|Legal and|professional|fees|1/96||
||||8,736|6,600|
|NKT INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated afier charging/(crediting):|||
||||31.12.21
f|31.12.20|
|Auditors'|remuneration||7&140|6,600|
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||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||||g|f.|
|Wages and salaries|||||27,504|14,925|
|Social security|costs||||2,608|1,454|
|Other pension|costs||||561|448|
||||||30,673|16,827|
|'Ihe average monthly||number ofemployees||during the year was as follows:|||
||||||31.12.21|31.12.20|
|Admin staff|||||I|1|
|No employees|received emoluments||in excess off60,000.||||
||||o|hFi|m|-|nin|||
|---|---|---|---|---|---|---|---|---|---|
||||f r|Y|Ended 31stDeca|b|2021|||
|10.|COMPARATIVES|F'ORTHE STATEMENT OFFINANCIALA~S||||||||
||||||||||Unrestricted|
||||||||||Rnd|
||INCOME AND ENDOWMENTS FROM|||||||||
||Donations||||||||1,552,485|
||Investment
income||||||||28,028|
||Total||||||||1,580,513|
||EXPENDITURE ON|||||||||
||Charitable
activities|||||||||
||Cosm ofgrant making||||||||971,230|
||NET INCOME||||||||609,283|
||RECONCILIATION||OFFUNDS|||||||
||Total funds brought|fortvard|||||||2,942,526|
||TOTAL FUNDS CARRIED FORWARD||||||||3,551,809|
|11.|DEBTORS:AMOUNTS FALLING DUE WffHIN ONE YEAR|||||||||
|||||||||31.12.21|31.12.20|
|||||||||f||
||Other debtors|||||||11+95|9,012|
|12.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|||||YEAR||||
|||||||||31.12.21|31.12.20|
|||||||||f||
||Trade creditors|||||||3416||
||Social security and other taxes|||||||595|735|
||Grants payable|||||||214,834|185,965|
||Accrued expenses|||||||8&169|10,109|
|||||||||2269814|196,809|
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|13.|CREDITOR|S|: AMOUNTS||FA|LLING DU|E AFTERMORE THAN ONE YE|AR||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.12.21
f|31.12.20
f,|
||Grants payable|||||||291500|61,500|
|14.|MOVEMENT||IN FUNDS|||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.21|in funds|31.12.21|
||||||||f,||f|
||Unrestricted|funds||||||||
||General fund||||||3,551,809|(274,924)|3,276,885|
||TOTAL FUNDS||||||3)551)809|(274&124)|3,276,885|
||Net movement||in funds, included|||in the above|are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||rcsourccs|expended|in funds|
|||||||||f||
||Unrestricted|funds||||||||
||General fund||||||567&673|(842,597)|(274,924)|
||TOTAL FUNDS||||||567,673|(842,597)|(274&924)|
||Comparatives||for movement||in|funds||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.20|in funds|31.12.20|
||||||||||f,|
||Unrestricted|funds||||||||
||General Rnd||||||2,942,526|609,283|3,551,809|
||TOTAL FUNDS||||||2,942,526|609,283|3,551,809|
||Comparative|net movement||in|funds, included||in the above are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||lcsoufccs|expended|in funds|
||||||||||f|
||Unrestricted|funds||||||||
||General fund||||||1,580,513|(971,230)|609,283|
||TOTAL FUNDS||||||1,580,513|(971,230)|609,283|
##
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|||||||||Net||
|---|---|---|---|---|---|---|---|---|---|
|||||||||movement|At|
|||||||At 1.1.20||in funds|31.12.21|
|||||||f|||f|
|Unrestricted|funds|||||||||
|General fund||||||2,942,526||334,359|3,276,885|
|TOTAL FUNDS||||||2,942,526||334,359|3,276,885|
|A current
year 12 months||and prior year||12 months|combined|net movement|in|funds, included|in the above|
|as follows:||||||||||
|||||||Incoming||Resources|Movement|
|||||||resources||expended|in funds|
|||||||||f,||
|Unrestricted|funds|||||||||
|General fund||||||2,148,186||(1,813,827)|334,359|
|TOTAL FUNDS||||||2,148,186||(1,813,827)|334,359|
|RELATED PARTY DISCLOSURES||||||||||
|During the period the corporate|||donations|receivable|to the charity were as follows:|||||
|||||||||2021|2020f|
|Sorbon Group Limited (formerly|||Sorbon|Homes Limited)||||550,000|1,550,000|
|||||||||550,000|1,550,000|
##
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|OPERATING ACTIVITIES||||
|---|---|---|---|
|||31.12,21
f|31.12.20|
|Net (expenditure)/income
for the reporting|period (as per the|||
|Statement ofFinancial Activities)||(274 tt24)|609283|
|Adjustments
for:||||
|Interest received||(16834)|(28,028)|
|(increase)/decrease
in debtors||(2)283)|47,883|
|(Decrease)f ncrease in creditors||(1,995)|30,961|
|Net cash (used in)/provided
by operations||(295,536)|660,099|
##
|At 1.1.21|Cash flow|At31.12,21|
|---|---|---|
|31801,106|(279,202)|3,521@04|
|3,801,106|(279,202)|3,521„tt04|
|3,801,106|(279~2)|3,521„tt04|
|||||j7tn&cthgtt)y F~o|n
~to||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||D|iled Statement of
'|' l|Ac|'|' 'es|||
||||for|he Year Ended 31st|Decem|r|2021||||
||||||||||31.12.21|31.12.20|
||||||||||f,||
|INCOME AND ENDOWMENTS|||||||||||
|Donations|||||||||||
|Corporate donations|||||||||550,000|1,550,001|
|Other donations|||||||||I@39|2,484|
||||||||||551439|1,552,485|
|Investment
income|||||||||||
|Deposit account|interest||||||||16,013|25,242|
|Loan interest|||||||||321|2,786|
||||||||||16@34|28,028|
|Total incoming|resources||||||||567,673|1,580,513|
|EXPENDITURE|||||||||||
|Charitable
activities|||||||||||
|Grants to institutions|||||||||801,624|943,166|
|Support costs|||||||||||
|Other|||||||||||
|Wages|||||||||27,504|14,925|
|Social security|||||||||2,608|1,454|
|Pensions|||||||||561|448|
|Sundries||||||||||689|
|Advertising|||||||||1@87|3,599|
|Bank charges|||||||||177|349|
||||||||||32&237|21,464|
|Governance|costs||||||||||
|Auditors'
remuneration|||||||||7,140|6,600|
|Legal and professional||fees|||||||1&596||
||||||||||8,736|6,600|
|Total resources|expended||||||||842&597|971/30|
|Net (expenditure)/income|||||||||(274924)|609,283|