| Thetrustees: | PatriciaAsHey |
|---|---|
| Leo Cremonezi | |
| Annabel Dumbell | |
| Sara Gordon ( Treasurer) | |
| Tracey Marshall (Chair) | |
| Judith Prinsley | |
| Deana Puccio | |
| Sarah Shuter - Resigned on26October2021 | |
| Principal placeofbusiness: | 50Falkland Road |
| London | |
| NW5'2XA | |
| Independent Examiner: | Fisher Phillips LLP |
| Summit House | |
| 170Finchley Road | |
| London | |
| NW36BP | |
| Bankers: | CAF Bank |
| 25 Kings Hill Avenue | |
| Kings Hill | |
| West Malling | |
| Kent | |
| ME194JQ | |
| Chief Executive Officer (CEO): | Allison Havey |
| Pages | |
|---|---|
| Trustees' Report | 1-3 |
| IndependentExamine(sReport | 4 |
| Statement offinancial activities | |
| Balance sheet | 6 |
| Statement of cash flows | |
| Notes to the accounts | S-13 |
| 2021/22 | 2020/21 | 2019/20 | |
|---|---|---|---|
| Numberofschools | 52 | 13 | 8 |
| Numberofpresentations | 153 | 23 | 21 |
| Approximate numberofpupils | 23,500 | 4,000 | 3,150 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| **Incomefrom: ** | Note | £ | £ | £ | £ |
| Donationsandlegacies Charitable activities: |
3 4 |
11,895 | 11,895 | 15,640 | |
| Grantsreceived Other charitableincome Investment income |
5 | 10,000 11,870 |
10,000 11,870 |
1,800 625 |
|
| Other income | |||||
| Totalincome | 33,766 | 33,766 | 18,065 | ||
| Expenditureon: | |||||
| Raisingfunds Charitable activities: |
6 6 |
2,165 | 2,165 | 1,538 | |
| Development/Consultancycosts Direct costofpresenting |
5,435 25,996 |
5,435 25,996 |
5,168 | ||
| Totalexpenditure | 33,596 | 33,596 | 6,706 | ||
| Netincome/(expenditure)andnet | |||||
| movementinfunds | 169 | 169 | 11,359 | ||
| Reconciliationoffunds: | |||||
| Totalfunds broughtforward Transfersbetweenfunds |
16,863 | 16,863 | 5,504 | ||
| Totalfundscarriedforward | 17,032 | 17,032 | 16,863 |
| 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |
| CurTentassets: | |||||
| Debtors | 10 | 900 | |||
| Cashat bankandinhand | 16 | 2696B | 16,863 | ||
| 27,868 | 16,863 | ||||
| CurTent llabllltles: | |||||
| Creditors: amounts fallingduewithinoneyear | 11 | !10,836) | |||
| Net currentassets/ (liabilities) | 17,032 | 16,B63 | |||
| Total netassets(liabilities) | 17,032 | 16,B63 | |||
| Funds | 13 | ||||
| Restricted funds | |||||
| Unrestricted funds: | |||||
| Designated funds | |||||
| General funds | 17,032 | 16,863 | |||
| Total unrestricted funds | 17,032 | 16863 | |||
| Totalfunds | 11,032 | 16,863 |
| TheRAPFoundation Statementofcashflows Fortheyearended31March2022 |
|||||
|---|---|---|---|---|---|
| Note | 2022 £ |
2022 £ |
2021 £ |
2021 £ |
|
| Netcashprovidedby/(usedin)operatingactivities | 14 | 10,105 | 11,368 | ||
| Cashflowsfrom**investingactivities: ** | |||||
| Interest/ rent/ dividendsfrominvestments | |||||
| Sale/(purchase) offixedassets | |||||
| Sale/(purchase)ofinvestments | |||||
| Cash providedby/(used In) investing activities | |||||
| Cashflowsfromfinancingactivities: | |||||
| Repaymentsofborrowing | |||||
| Cashinflowsfromnewborrowing | |||||
| Receiptofendowment | |||||
| Cashprovidedby/(usedin)financingactivities | |||||
| ChangeIncashandcashequivalentsintheyear | 10,105 | 11,368 | |||
| Cashandcashequivalentsatthebeginningoftheyear | 16,863 | 5,495 | |||
| Changeincashandcashequivalentsduetoexchangerate | |||||
| movements | |||||
| Cashandcashequivalentsattheendoftheyear | 15 | 26,968 | 16,863 |
| 1 | Accounting policies (continued) |
|---|---|
| h) | ExpenditureandIrrecoverableVAT |
| Expenditureisrecognisedoncethereisalegalorconstructiveobligationtomakeapaymenttoathirdparty,ttisprobablethat | |
| setttementwillberequiredandtheamountoftheobligationcanbemeasuredreliably.Expendttureisclassifiedunderthe | |
| followingactivityheadings: | |
| • Costsofraisingfundscompriseoftradingcostsandthecostsincurredbythecharitableincorporatedorganisationin |
|
| inducingthirdpartiestomakevoluntarycontributionstoit,aswellasthecostofanyactivitieswtthafundraisingpurpose. | |
| • Expenditureoncharitableactivitiesincludesthecostsofdeliveringservices,exhibitionsandothereducationalactivities |
|
| undertakentofurtherthepurposesofthecharitableincorporatedorganisationandtheirassociatedsupportcosts. | |
| • Otherexpenditurerepresentsthoseitemsnotfallingintoanyotherheading. |
|
| IrrecoverableVATischargedasacostagainsttheactivityforwhichtheexpenditurewasincurred. | |
| i) | Allocationofsupport costs |
| Supportcostsarethosefunctionsthatassisttheworkofthecharitable incorporatedorganisationbutdonotdirectiyundertake | |
| charitableactivities.Supportcostsincludebackofficecosts,finance,personnel,payrollandgovernancecostswhichsupportthe | |
| Trustsartisticprogrammesandactivities.Thesecostshavebeenallocatedbetweencostofraisingfundsandexpenditureon | |
| charitableactivities.Thebasesonwhichsupportcostshavebeenallocatedaresetoutinnote6. | |
| j) | Debtors |
| Tradeandotherdebtorsarerecognisedatthesetttementamountdueafteranytradediscountoffered.Prepaymentsarevalued | |
| attheamountprepaidnetofanytradediscountsdue. | |
| k) | CashatbankandInhand |
| Cashatbankandcashinhandincludescashandshorttennhighlyliquidinvestmentswtthashortmatumyofthreemonthsor | |
| lessfromthedateofacquisitionoropeningofthedepositorsimilaraccount | |
| I) | Creditorsandprovisions |
| Credttorsandprovisionsarerecognisedwherethecharitableincorporatedorganisationhasapresentobligationresultingfroma | |
| pasteventthatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountduetosettletheobligationcanbe | |
| measuredorestimatedreliably.Credttorsandprovisionsarenonnallyrecognisedattheirsettlementamountafterallowingfor | |
| anytradediscountsdue. | |
| m) | Financialinstruments |
| Thecharitableincorporatedorganisationonlyhasfinancialassetsandfinancialliabilitiesofakindthatqualifyasbasicfinancial | |
| instruments.BasicfinancialinstrumentsareinitiallyrecognisedattransactionvalueandsubsequenUymeasuredat their | |
| settlementvaluewiththeexceptionofbankloanswhicharesubsequenUymeasuredatamortisedcostusingtheeffective | |
| interestmethod. |
| 2 | Detailedcomparativesforthestatementoffinancialactivities | Detailedcomparativesforthestatementoffinancialactivities | |||
|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | |||
| Unres lricted | Restricted | Total | |||
| £ | £ | £ | |||
| Incomefrom: | |||||
| Donations and legacies | 15,640 | 15,640 | |||
| Charitable activities: | |||||
| Grants received | 1,800 | 1,800 | |||
| Other charitable income | 625 | 625 | |||
| Investment income | |||||
| Other income | |||||
| Totalincome | 18,065 | 18,066 | |||
| Expenditureon: | |||||
| Raising funds | 1,538 | 1,538 | |||
| Charitable activities: | |||||
| Direct costofpresenting | 5,168 | 5,168 | |||
| Totalexpenditure | 6706 | 6706 | |||
| Netincome/expenditureandnetmovement | |||||
| infunds | 11,369 | 11,359 | |||
| Total funds brought forward | 5,504 | 6,604 | |||
| Totalfundscarriedforward | 16,863 | 16,863 | |||
| 3 | Incomefromdonationsandlegacies | ||||
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Gifts and donations | 11,895 | 11,895 | 15,640 | ||
| Donated services | |||||
| Legacies | |||||
| 11,895 | 11,895 | 15,640 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| £ | £ | £ | £ | |
| **Grantsreceived: ** | ||||
| Development (WFH Foundation Charity) | 10,000 | 10,000 | 1,800 | |
| **Other CharitableIncome: ** | ||||
| Income direct from schools | 11,870 | 11,870 | 605 | |
| Other fundraising income | 20 | |||
| Totalincomefromcharitableactivities | 21,870 | 21,870 | 2,425 |
| 5 | IncomefromInvestments | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Bank interest | |||||
| Rent | |||||
| Investmentincome |
| Costof | --,-~-"'C"'ha::.n:::la:::bc:le:..:a:::claaiV:;;iti:::·e:::s__-e-_ | --,-~-"'C"'ha::.n:::la:::bc:le:..:a:::claaiV:;;iti:::·e:::s__-e-_ | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Basisof | raising | Directc:ostof | Development/ | Support | Governance | 2022 | 2021 | ||
| allocation | funds | presenting | Consultancycosts | costs | oosts |
Total | Total | ||
| £ | £ | £ | £ | ||||||
| Presenterfees | 23,528 | 23,528 | 3,630 | ||||||
| Presentertravel& subsistence | 168 | 168 | |||||||
| Recruitmentfees | |||||||||
| Development_I_Consultancyfees(',/1/FH) | 3,270 | 3,270 | |||||||
| Notionaltraining(CPD)forpresenters | 70 | 70 | |||||||
| Insurance | 490 | 490 | 461 | ||||||
| SalaJy-CEO | 2,000 | 2,000 | |||||||
| Bankcharges | 127 | 127 | 75 | ||||||
| Websijemaintenance&hosting | 900 | 900 | 1,476 | ||||||
| Printing,postageandstationery | 199 | 199 | |||||||
| Marl<eting&socialmediamanagement | 1,800 | 1,800 | 1,064 | ||||||
| Xerosubscriptions | 144 | 144 | |||||||
| Independentexaminersfees | 900 | 900 | |||||||
| ------- | ------------------ | ||||||||
| 23,766 | 3,270 | 5,660 | 900 | 33,596 | 6,706 | ||||
| Supportcosts | 33%134%/33% | 1,868 | 1,924 | 1,868 | (5,660) | ||||
| Governancecosts | 33%134%/33% | 297 | 306 | 297 | (900) | ||||
| ---------- | |||||||||
| Total expenditure2022 | 2,165 | 25996 | 5,435 | __:_ | • |
33,596 | 6,706 | ||
| Total expenditure2021 | 1,538 | 5,168 | |||||||
| == | |||||||||
| Ofthetotalexpenditure,£33,596(2021: | £6,706)wasurvestricted | and£Nil(2021 ·£Nil)wasrestricted. |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Prepayments | ||
| Tradedebtors | 900 | |
| Otherdebtors | ||
| 900 | ||
| Creditors:amountsfallingduewithinoneyear | ||
| 2022 | 2,021 | |
| £ | £ | |
| Tradecreditors | 9,936 | |
| Deferredincome | ||
| Accruals | 900 | |
| Other creditors | ||
| 10,836 |
| Analysisofnetassetsbetweenfunds | ||||
|---|---|---|---|---|
| General | Total | |||
| unrestricted | Designated | Restricted | funds | |
| £ | £ | £ | £ | |
| Tangiblefixedassets Net currentassets |
17,032 | 17,032 | ||
| Netassetsat the endofthe year | 17,032 | 17,032 |
| Movements in funds | Atthestart | Incoming resources& |
Outgoing resources& |
Attheend | |
|---|---|---|---|---|---|
| oftheyear | gains | losses | Transfers | ofthe year | |
| £ | £ | £ | £ | £ | |
| Restricted funds | |||||
| Total restricted funds | |||||
| Unrestricted funds: | |||||
| Designated funds | |||||
| Total designated funds | |||||
| General funds | 16,863 | 33,765 | (33,596) | 17,032 | |
| Total unrestricted funds | 16,863 | 33,765 | !33,596) | 17,032 | |
| Total funds | 16,863 | 33,765 | !33,596) | 17,032 |