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|The**trustees:**|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|





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||Pages|
|---|---|
|Trustees' Report|1-3|
|IndependentExamine(sReport|4|
|Statement offinancial activities||
|Balance sheet|6|
|Statement of cash flows||
|Notes to the accounts|S-13|





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||2021/22|**2020/21**|**2019/20**|
|---|---|---|---|
|Numberofschools|52|13|8|
|Numberof**presentations**|153|23|21|
|Approximate numberofpupils|23,500|4,000|3,150|





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|||||**2022**|2021|
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|Total|
|**Incomefrom: **|**Note**|£|£|£|£|
|Donationsandlegacies<br>Charitable activities:|**3**<br>**4**|11,895||**11,895**|**15,640**|
|Grantsreceived<br>Other charitableincome<br>Investment income|**5**|10,000<br>11,870||**10,000**<br>**11,870**|**1,800**<br>**625**|
|Other income||||||
|**Totalincome**||**33,766**||**33,766**|**18,065**|
|**Expenditureon:**||||||
|Raisingfunds<br>Charitable activities:|**6**<br>**6**|2,165||**2,165**|**1,538**|
|Development/Consultancycosts<br>Direct costofpresenting||5,435<br>25,996||**5,435**<br>**25,996**|**5,168**|
|**Totalexpenditure**||**33,596**||**33,596**|**6,706**|
|**Netincome/(expenditure)andnet**||||||
|**movementinfunds**||**169**||**169**|**11,359**|
|**Reconciliationoffunds:**||||||
|Totalfunds broughtforward<br>Transfersbetweenfunds||16,863||**16,863**|**5,504**|
|**Totalfundscarriedforward**||**17,032**||**17,032**|**16,863**|





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|||2022|2022|2021|2021|
|---|---|---|---|---|---|
||Note|£|£|£|£|
|CurTent**assets:**||||||
|Debtors|10|900||||
|Cashat bankandinhand|16|2696B||16,863||
|||27,868||16,863||
|CurTent llabllltles:||||||
|Creditors: amounts fallingduewithinoneyear|11|!10,836)||||
|Net current**assets**/ (liabilities)|||17,032||16,B63|
|Total net**assets**(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|



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|**TheRAPFoundation**<br>**Statementofcashflows**<br>**Fortheyearended31March2022**||||||
|---|---|---|---|---|---|
||**Note**|**2022**<br>£|**2022**<br>£|2021<br>£|2021<br>£|
|**Netcashprovidedby/(used**in)**operatingactivities**|**14**||10,105||11,368|
|**Cashflows**from**investingactivities: **||||||
|Interest/ rent/ dividendsfrominvestments||||||
|Sale/(purchase) offixedassets||||||
|Sale/(purchase)ofinvestments||||||
|Cash providedby/(used In) investing activities||||||
|**Cashflowsfromfinancingactivities:**||||||
|Repaymentsofborrowing||||||
|Cashinflowsfromnewborrowing||||||
|Receiptofendowment||||||
|**Cashprovidedby/(used**in)**financingactivities**||||||
|**ChangeIncashandcashequivalentsintheyear**|||**10,105**||11,368|
|Cashandcashequivalentsatthebeginningoftheyear|||16,863||5,495|
|Changeincashandcashequivalentsduetoexchangerate||||||
|**movements**||||||
|**Cashandcashequivalentsattheendoftheyear**|**15**||**26,968**||16,863|





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|1|Accounting policies (continued)|
|---|---|
|h)|**ExpenditureandIrrecoverable**VAT|
||Expenditureisrecognisedoncethereisalegalorconstructiveobligationtomakeapaymentto**a**thirdparty,ttisprobablethat|
||setttementwillberequiredandtheamountoftheobligationcanbemeasuredreliably.Expendttureisclassifiedunderthe|
||followingactivityheadings:|
||•<br>Costsofraisingfundscompriseoftradingcostsandthecostsincurredbythecharitableincorporatedorganisationin|
||inducingthirdpartiestomakevoluntarycontributionstoit,aswellasthecostofanyactivitieswtthafundraisingpurpose.|
||•<br>Expenditureoncharitableactivitiesincludesthecostsofdeliveringservices,exhibitionsandothereducationalactivities|
||undertakentofurtherthepurposesofthecharitableincorporatedorganisationandtheirassociatedsupportcosts.|
||•<br>Otherexpenditurerepresentsthoseitemsnotfallingintoanyotherheading.|
||IrrecoverableVATischargedasacostagainsttheactivityforwhichtheexpenditurewasincurred.|
|i)|Allocationofsupport costs|
||Supportcostsarethosefunctionsthatassisttheworkofthecharitable incorporatedorganisationbutdonotdirectiyundertake|
||charitableactivities.Supportcostsincludebackofficecosts,finance,personnel,payrollandgovernancecostswhichsupportthe|
||Trustsartisticprogrammesandactivities.Thesecostshavebeenallocatedbetweencostofraisingfundsandexpenditureon|
||charitableactivities.Thebasesonwhichsupportcostshavebeenallocatedaresetoutinnote6.|
|j)|Debtors|
||Tradeandotherdebtorsarerecognisedatthesetttementamountdueafteranytradediscountoffered.Prepaymentsarevalued|
||attheamountprepaidnetofanytradediscountsdue.|
|**k)**|**Cashatbankand**In**hand**|
||Cashatbankandcashinhandincludescashandshorttennhighlyliquidinvestmentswtthashortmatumyofthreemonthsor|
||lessfromthedateofacquisitionoropeningofthedepositorsimilaraccount|
|I)|**Creditorsandprovisions**|
||Credttorsandprovisionsarerecognisedwherethecharitableincorporatedorganisationhasapresentobligationresultingfrom**a**|
||pasteventthatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountduetosettlethe**obligation**canbe|
||measuredorestimatedreliably.Credttorsandprovisionsarenonnallyrecognisedattheirsettlementamountafterallowingfor|
||anytradediscountsdue.|
|m)|**Financialinstruments**|
||Thecharitableincorporatedorganisationonlyhasfinancialassetsandfinancialliabilitiesofakindthatqualify**asbasic**financial|
||instruments.BasicfinancialinstrumentsareinitiallyrecognisedattransactionvalueandsubsequenUymeasuredat their|
||settlementvaluewiththeexceptionofbankloanswhicharesubsequenUymeasuredatamortisedcostusingtheeffective|
||interestmethod.|





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|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|||||





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|||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**|<br>**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|__:_|<br>•|33,596|6,706||
|Total expenditure2021||1,538|5,168|||||||
|||||==||||||
|Ofthetotalexpenditure,£33,596(2021:|£6,706)wasurvestricted|and£Nil(2021 ·£Nil)wasrestricted.||||||||





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||**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<br>Net currentassets|17,032|||**17,032**|
|Net**assets**at the endofthe year|17,032|||17,032|



|Movements in funds|Atthestart|Incoming<br>resources&|Outgoing<br>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|





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