2021-03-31-accounts

			Page
Trustees'	annual report
Independent examiner's report to the trustees			12
Statement	offinancial	activities	13
Statement	offinancial	position	14
Notes to the financial statements			15

The trustees	present	their report	and the unaudited	financial	statements	of the	charity	for the period
ended 31 March 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered	charity	name	The International	Roundtable	for Sustainable		Tea
Charity registration		number	1189499
Principal office			87 Lytton Road
			Oxford
			OX4 3NY
The trustees
			Debra Coulter.		(Appointed		15 May	2020)
			Krishanti Dharmaraj		(Appointed		15 May	2020)
			Michael Pennant-Jones		(Appointed		15 May	2020)
			Nikhil Subbiah		(Appointed		15 May	2020)
			Stirling Smith		(Appointed		15 May	2020)
Chief Executive Officer			Sabita Banerji
Independent	examiner		Theresa Warren	FCA
			8/9 The Old Yard
			Lodge Farm Business Centre
			Wolverton Road
			Castlethorpe
			Milton Keynes
			MK197ES

we have inc	luded su	mmary accounts b	elow for THIRST	's first two yea	rs (as an N
			2020/21
			(registered	2019/20	2018/2019
			CIO)
Income:
Grants	and donations		405	400	4,172
In kind	services		60,133	28,500	15,000
Expenses funded		privately		596	1,058
Total income			60,538	29,496	20,230
Expenditure,	(including	in kind services)	61,411	29,496	20,230
Net deficit			(873)

				Period from	15 May	20to
				31 Mar 21
				Unrestricted
				funds	Total	funds
			Note	E
Income and endowments
Donations and legacies			4	60,428	60,428
Charitable activities			5	110		110
Total income				60,538	60,538
Expenditure
Expenditure on charitable	activities		6,7	61,411	61,411
Total expenditure				61,411	61,411
Net expenditure and net	movement	in funds		(873)		(873)
Reconciliation offunds
Total funds brought forward
Total funds carried forward				(873)		(873)

					31 Mar 21
				Note
Creditors: amounts		falling	due within one year	11	873
Net current	liabilities				873
Total assets	less current		liabilities		(873)
Net liabilities					(873)
Funds ofthe charity
Unrestricted	funds				(873)
Total charity	funds			12	(873)

Period from 15May 2020 to 31 March	Period from 15May 2020 to 31 March	Period from 15May 2020 to 31 March	Period from 15May 2020 to 31 March	Period from 15May 2020 to 31 March	Period from 15May 2020 to 31 March	2021	2021
5.	Charitable	activities
										Unrestricted	Total Funds
										Funds		2021
	Fees received		as part ofdirect charitable					activities		110		110
6.	Expenditure	on charitable activities					by	fund type
										Unrestricted	Total Funds
										Funds		2021
										F
	Roundtable	and Tea Talk			Event costs					4,700		4,700
	Support costs									56,711	58,711
										61,411	63,411
7.	Support costs
										Unrestricted	Total funds
										Funds		2021
												E
	Staff costs (in		kind time)							30,000	30,000
	Website design									3,000		5,000
	ITCosts									677		677
	Governance	costs:
	Legal 8 professional				fees					22,434	22,434
	Accountancy									600		600
										56,711	58,711
8.	Independent		examination		fees
											Period	from
											15May	20to
											31 Mar 21
	Fees payable		to the	independent		examiner for:
	Independent	examination			ofthe financial			statements				600
9.	Staff costs
	The total staff		costs and employee			benefits for the reporting			period	are analysed as	follows:
											Period	from
											15May	20to
											31 Mar 21
	Wages and	salaries		(in kind time)							30,000
	The average head count ofemployees						during the period was 1.

Creditors: amounts f	alling due within one year
		31 Mar 21
Accruals and deferred	income	600
Other creditors		273
		873

	Unrestri	cted funds
				At	15May			At 31 March
					2020	Income	Expenditure	2021
							F
	General	funds				60,538	(61,411)	(873)
13.	Analysis	ofnet assets between	funds

Analysis	ofn	et as	se	ts between funds
					Unrestricted	Total	Funds
					Funds		2021
Creditors	less	than	1	year	(873)		(873)