| Thetrustees: | PatriciaAsttey |
|---|---|
| LeoCremonezi | |
| AnnabelDumbell | |
| SaraGordon( Treasurer) | |
| TraceyMarshall(Chair) | |
| Judith Prinsley | |
| DeanaPuccio | |
| Principalplaceofbusiness: | 50FalklandRoad |
| London | |
| NW52:XA | |
| IndependentExaminer: | FisherPhiUipsLLP |
| Summ~House | |
| 170FinchleyRoad | |
| London | |
| NW36BP | |
| Bankers: | CAFBank |
| 25KingsHillAvenue | |
| KingsHill | |
| WestMalling | |
| Kent | |
| ME194JQ | |
| ChiefExecutiveOfficer(CEO): | AllisonHavey |
| Number of schools Number of presentations Approximatenumber ofpupils |
2022/23 51 129 16,500 |
2021/22 52 153 23,500 |
2020/21 13 23 4,000 |
2019/20 8 21 3,150 |
|---|---|---|---|---|
| Inconnectionwithmyexamination,nomatterhascometomyattention: | Inconnectionwithmyexamination,nomatterhascometomyattention: |
|---|---|
| 1) | whichgivesmereasonablecausetobelievethatinanymaterialrespecttherequirements: |
| - tokeepaccountingrecordsinaccordancewithsection130ofthe2022Actand | |
| -toprepareaccountswhichaccordwiththeaccountingrecordsandcomplywiththeaccountingrequirementsofthe | |
| 2022ActandwiththemethodsandprinciplesoftheStatementofRecommendedPractice:Accountingand | |
| ReportingbyCharitieshavenotbeenmet;or | |
| 2) | towhich,inmyopinion,attentionshouldbedrawninordertoenable aproperunderstandingoftheaccountstobe |
| reached. |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Note | £ | £ | £ | £ | |
| Income from: | |||||
| Donationsandlegacies Charitable activities: |
3 4 |
6,253 | 6,263 | 11,895 | |
| Grants received Other charitable income Investment income |
5 | 16,500 13,595 |
16,500 13,596 |
10,000 11,870 |
|
| Other income | |||||
| TotalIncome | 36,348 | 36,348 | 33,765 | ||
| Expenditureon: | |||||
| Raising funds Charitable activities: |
6 6 |
3,052 | 3,052 | 2,165 | |
| Development/ Consultancy costs | 4,861 | 4,861 | 5,435 | ||
| Direct costofpresenting | 23,972 | 23,972 | 25,996 | ||
| Total expenditure | 31,884 | 31,884 | 33,596 | ||
| Net Income/ (expenditure)andnet | |||||
| movementinfunds | 4,464 | 4,464 | 169 | ||
| Reconciliation offunds: | |||||
| Total funds brought forward | 17,032 | 17,032 | 16,863 | ||
| Transfersbetweenfunds | |||||
| Totalfundscarriedforward | 21,496 | 21,496 | 17,032 |
| TheRAPFoundation Balancesheet Asat31March2023 |
|||||
|---|---|---|---|---|---|
| 2023 | 2023 | 2022 | 2022 | ||
| Note | £ | £ | £ | £ | |
| Currentassets: | |||||
| Debtors | 10 | 5,355 | 900 | ||
| Cashatbankandin hand | 15 | 21,225 | 26968 | ||
| 26,580 | 27,868 | ||||
| Currentliabilities: | |||||
| Creditors: amounts falling due withinoneyear | 11 | 151084) | (10,836) | ||
| Net currentassets/(llabllitles) | 211496 | 17,032 | |||
| Totalnetassets (llabllltles) | 21,496 | 17,032 | |||
| Funds | 13 | ||||
| Restricted funds | |||||
| Unrestricted funds: | |||||
| Designated funds | |||||
| General funds | 21,496 | 17,032 | |||
| Total unrestricted funds | 21,496 | 17,032 | |||
| Totalfunds | 21,496 | 17,032 |
| Note | 2023 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| NetcashprovidedbyI(usedIn)operatingactlvftlea | 14 | (5,743) | 10,105 | ||
| Cashflowsfrominvestingactivities: | |||||
| Interest/ rent/ dividendsfrominvestments | |||||
| Sale/ (purchase)offixedassets | |||||
| Sale/ (purchase)ofinvestments | |||||
| Cashprovidedby/(usedIn)Investingactlvltl88 | |||||
| Cashflowsfromfinancing activities: | |||||
| Repayments of borrowing | |||||
| Cashinflows fromnewborrowing | |||||
| Receiptofendowment | |||||
| Cashprovidedby/(usedIn)financing activities | |||||
| ChangeIncashandcashequivalentsInthe year | (6,743) | 10,105 | |||
| Cashandcashequivalents at thebeginningoftheyear | 26,968 | 16,863 | |||
| Changeincashand cash equivalents duetoexchangerate | |||||
| movements | |||||
| Cashandcashequivalents at the endofthe year | 16 | 21,226 | 26,968 |
| f) | Interestreceivable |
|---|---|
| Interestonfundsheldondepositisincludedwhenreceivableandtheamountcanbemeasuredreliablybythecharitable | |
| incorporatedorganisation;thisisnormallyuponnotificationoftheinterestpaidorpayablebythebank. | |
| g) | Fundaccounting |
| Unrestrictedfundsareavailabletospendonactivitiesthatfurtheranyof thepurposesofcharitableincorporatedorganisation. | |
| Designatedfundsareunrestrictedfundsofthecharitableincorporatedorganisationwhichthetrusteeshavedecidedat their | |
| discretiontosetasidetouseforaspecificpurpose.Restrictedfundsaredonationswhichthedonorhasspecifiedaretobe | |
| solelyusedfor particularareasofthecharitableincorporatedorganisation'sworkorfor specificprojectsbeingundertakenbythe | |
| charitableincorporatedorganisation. |
| • Costs of raising funds compriseoftrading costsandthecosts incurredbythecharitable incorporated organisationin |
|
|---|---|
| inducingthirdparties to make voluntary contributionstoit,aswellasthecost ofanyactivities with a fundraising purpose. | |
| • Expenditureoncharitable activities includesthecostsofdelivering services, exhibitionsandother educational activities |
|
| undertaken to further the purposes of the charitable incorporated organisationandtheir associated support costs. | |
| • Other expenditure represents those itemsnotfalling intoanyotherheading. |
|
| Irrecoverable VATischargedasa cost againsttheactivity forwhichtheexpenditurewasincurred. | |
| i) | Allocationof supportcosts |
| Support costs are those functions that assisttheworkofthecharitable incorporated organisationbutdonotdirectly undertake | |
| charitable activities. Support costs includebackoffice costs, finance, personnel, payrollandgovernance costswhichsupportthe | |
| Trusts artistic programmesandactivities. These costs havebeenallocatedbetweencostofraisingfundsandexpenditureon | |
| charitable activities. The basesonwhich support costs havebeenallocatedareset outinnote 6. | |
| j) | Debtors |
| Tradeandother debtors are recognised atthesettlement amountdueafter any trade discount offered. Prepaymentsarevalued | |
| attheamount prepaid netofanytrade discountsdue. | |
| k) | Cashatbankandinhand |
| Cashatbankandcashinhandincludescashandshorttermhighly liquid investments witha short maturity of three months or | |
| lessfromthe date of acquisition or opening ofthedeposit or similar account |
| 2 | Detailedcomparativesforthestatement of financial activities | Detailedcomparativesforthestatement of financial activities | |||
|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | |||
| Unrestricted | Restricted | Total | |||
| £ | £ | £ | |||
| Incomefrom: | |||||
| Donationsandlegacies | 11,895 | 11,895 | |||
| Charitable activities: | |||||
| Grantsreceived | 10,000 | 10,000 | |||
| Other charitable income | 11,870 | 11,870 | |||
| Investment income | |||||
| Other income | |||||
| Totalincome | 33,766 | 33,765 | |||
| **Expenditureon: ** | |||||
| Raising funds | 2,165 | 2,165 | |||
| Charitable activities: | |||||
| Development/ Consultancy costs | 5,435 | 6,435 | |||
| Direct cost of presenting | 25,996 | 26,996 | |||
| Total expenditure | 33,696 | 33,696 | |||
| Net income/ expenditureandnetmovement | |||||
| Infunds | 169 | 169 | |||
| Totalfundsbroughtforward | 16,863 | 16,863 | |||
| Totalfundscarriedforward | 17,032 | 17,032 | |||
| 3 | Incomefrom donationsandlegacies | ||||
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Giftsanddonations | 6,253 | 6,253 | 11,895 | ||
| Donatedservices | |||||
| Legacies | 6,263 | 6.263 | 11,895 | ||
| 4 | Incomefrom charitable activities | 2023 | 2022 | ||
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Grantsreceived: Development(WFHFoundation Charity) SigridRausingTrust Millenium Global Charitable Trust |
10,000 6,500 |
10,000 6,500 |
10,000 | ||
| Oth!!rCharita!!le lnc2me: Income direct from schools |
13,595 | 13,696 | 11,870 | ||
| Other fundraising income | |||||
| Totalincomefrom charitable activities | 30,096 | 301096 | 21,870 |
| 5 | Incomefrom investments | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| £ | £ | £ | £ | ||
| Bankinlerest | |||||
| Rent | |||||
| Investment income |
| Cost of | Charitable | Charitable | activities | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Basisof | **raising ** | Directoost of | Development / | Support | Govemance | 2023 | 2022 | ||
| allocation | funds | presenting | Consultancyoosts | oosts | oosts | Total | Total | ||
| £ | £ | £ | £ | £ | |||||
| Presenterfees | 19,660 | 19,660 | 23,528 | ||||||
| Presentertravel&subsistence | 1,168 | 1,168 | 168 | ||||||
| Reauitmentfees | |||||||||
| Development/Consultancyfees(VYFH) | 1,809 | 1,809 | 3,270 | ||||||
| Notionaltraining(CPD) for presenters | 70 | ||||||||
| Insurance | 247 | 247 | 490 | ||||||
| Salary-CEO | 5,000 | 5,000 | 2,000 | ||||||
| Bankcharges | 32 | 32 | 127 | ||||||
| Websttemaintenance& hosting | 900 | 900 | 900 | ||||||
| Printing,postage andstationery | 199 | ||||||||
| Marketing& socialmediamanagement | 1,600 | 1,600 | 1,800 | ||||||
| Xerosubscriptions | 569 | 569 | 144 | ||||||
| Independentexaminersfees | 900 | 900 | 900 | ||||||
| ----------- | |||||||||
| 20,828 | 1,809 | 8,348 | 900 | 31,685 | 33,596 | ||||
| Supportoosts | 33%_I_34%_I_33% | 2,755 | 2,838 | 2,755 | (8,348) | ||||
| Governancecosts | 33%_I_34%_I_33% | 297 | 306 | 297 | (900} | ||||
| ------- | ---- | ||||||||
| Total expenditure2023 | 3,052 | 23 | 972 | **4861 ** | ~ | - | 31,685 | ||
| Total expenditure2022 | ~ | 25996 |
5435 | =~ | ~ | ||||
| Ofthe totalexpenditure,£31,885 (2022: | £33,596)wasunrestrictedand£Nil | (2022:£Nil}wasrestricted. |
| 2023 | 2022 |
|---|---|
| £ | £ |
| 900 | ' 900 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Prepayments | ||
| Trade debtors | 5,355 | 900 |
| Otherdebtors | ||
| 5,365 | 900 | |
| Creditors:amountsfallingdue withinoneyear | ||
| 2023 | 2022 | |
| £ | £ | |
| Trade creditors | 4,184 | 9,936 |
| Deferred income | ||
| Accruals | 900 | 900 |
| Othercreditors | ||
| 6,084 | 10,836 |
| General | Total | |||
|---|---|---|---|---|
| unrestricted | Designated | Restricted | funds | |
| £ | £ | £ | £ | |
| Tangible fixedassets | ||||
| Netcurrent assets | 21,496 | 21,496 | ||
| Netassetsattheendof theyear | 21,496 | 21,496 |
| Movemerrtsinfunds | Incoming | Outgoing | |||
| Atthe start | resources& | resources& | Attheend | ||
| of theyear | gains | losses | Transfers | of the year | |
| Restrictedfunds | £ | £ | £ | £ | £ |
| Totalrestrictedfunds | |||||
| Unrestricted funds: | |||||
| Designatedfunds | |||||
| Totaldesignatedfunds | |||||
| Generalfunds | 17,032 | 36,348 | (31,884) | 21,496 | |
| Totalunrestrictedfunds | 17,032 | 36,348 | !3118841 | 21,496 | |
| Totalfunds | 17,032 | 36,348 | 13118841 | 211496 |