2020-12-31-accounts

CONTENTS		Page(s)
Reference and Administrative	information
Trustees' Report		4-9
Independent Auditor's Report		10-12
Statement ofFinancial Activities
Balance Sheet		14
Statement ofCash flows		15
Notes to Financial Statements		16-22

Directors and Trustees's	Megan Hirst
	Benyam Mezmur
	Professor Kaveh Shakib
	Joachim Theis
	Keith Bumet (Chair)	Appointed		on 29June 2021
Chief Executive	Charu Late Hogg
Registered Ofhce	Suite 5,Third Floor
	Sovereign House
	1 Albert Place
	London N3 1QB
Auditors	MGA Accountants	LLP
	Third Floor, Sovereign		House
	1 Albert House
	London N3 1QB

						1/05/2020 to	15/04/2019
						31/12/2020	to30/04/2020
				Restricted	Unrestricted	Total	Total
			Note	F
INCOME
Income from charitable activities:
Research, Advocacy and Evidence
generation				58,337	119,009	177,346
Training and Capacity Building				2,654		2,654
Organisational Development				15,487		15,487
Total incoming resources				76,478	119,009	195,487
EXPENDITURE
Cost ofraising funds					10,912	10,912
Charitable activity costs:
Research, Advocacy and
Evidence generation				58,337	45,765	104,102
Training &Capacity Building				2,654		2,654
Organisational Development				13,360		13,360
Total Expenditure				74,351	56,677	131,028
NET INCOME/(EXPENDITURE)	AND	NET		2,127	62,333	64,459
MOVEMENT IN FUNDS
RECONCIUATION OF FUNDS
Funds brought forward at 1 May 2019
Funds carried forward at 31December			2020	2127	62,363	64A$9

				1/05/2020 to	15/04/2019 to
				31/12/2020	30/04/2020
		Note		R
CURRENT ASSETS
Debtors		11	245
Cash at bank and	in hand	12	85,646
			85,891
CURRENT LIABILITIES
Creditors: amounts	falling due within one year	13	~21,432
NET CURRENT ASSETS				64,459
NET ASSETS		14		64,459
FUNDS
Restricted income	funds	15		2,127
Unrestricted income funds		15		62,332
Total charity funds

						1/05/2020 to	15/04/2019to
						31/12/2020	30/04/2020
					Note	E
Cash flows from operating		activities:
Cash provided	by operating	activities				85,646
Increase in cash equivalents in			the period			85,646
Cash and cash	equivalents	atthe	beginning	ofthe year
Total cash and	cash equivalents		atthe end ofthe year			85,646

A. Reconciliation ofnet	movement in funds to n	et cash inflow from operatin	g activities
		1/05/2020 to	15/04/2019tc
		31/12/2020	30/04/2020
		K
Net movements in funds		64,459
Increase In debtors		(245)
Increase in creditors		21,432
Net cash used in operating	activities	85,646

6.	GOVERNANCE COS	TS	TS
	Governance costs are	analysed as:					01/05/2020	15N4/2019
							to 31/12/2020	to 30/04/2020
							5
	Legal and Professional						3,728
	Audit Fees						3,000
							6,728
7.	NET INCOME/EXPENDITURE FOR THE PERIOD
	This is stated after charging:						01l05/2020	1$04/2019
							to 31/12/2020	to 30l04l2020
								E
	D~ciation
	Auditors' remuneration:
	~ Audit Fees						3,000
	There were no expenses		reimbursed	toTrustees	during the period .
8.	STAFF COSTS AND	NUSIBERS
	Staff coals forthe period		were as follows:				01N$2020	15l04/2019
							to 31/12/2020	to 30/04/2020
	Salaries and wages						42,487
	Social security costs						4,954
	Pension costs						1,860
							49,301
	No employee earned	F60,000ormore during the				period.
	The average monthly	number offull time equivalent				employees	during the year was made up	as follows:
	Governance						01/08/2020	18I04/2019
							to 31/12/2020	to 30l04/2020
							Number
	Genera5ng funds Charitable activity						0.3 1.5
							0.1
							1.9
9.	CORPORATION TAX