| Page | |||
|---|---|---|---|
| Trustees' | annual report |
||
| Independent examiner's report to the trustees |
13 | ||
| Statement | offinancial | activities | 14 |
| Statement | offinancial | position | 15 |
| Notes to the financial statements | 16 |
| The trustees | present | their | report and the unaudited | report and the unaudited | report and the unaudited | financial | statements | of | the charity | for the year |
|---|---|---|---|---|---|---|---|---|---|---|
| ended 31 March 2022. | ||||||||||
| Reference and Administrative | Details | |||||||||
| Registered | charity name | The International | Roundtable | for Sustainable | Tea | |||||
| Charity registration | number | 1189499 | ||||||||
| Principal office | 44 Princes Street | |||||||||
| Oxford | ||||||||||
| OX4 1DD | ||||||||||
| The trustees | ||||||||||
| Debra Coulter | ||||||||||
| Krishanti Dharmaraj |
||||||||||
| Aarti Kapoor | (appointed | 17October | 2021) | |||||||
| Michael Pennant-Jones | (resigned | 1 July 2021) | ||||||||
| Nikhil Subbiah | ||||||||||
| Stirling Smith |
||||||||||
| Independent | examiner | Theresa Warren | FCA | |||||||
| 8The Old Yard | ||||||||||
| Lodge Farm Business Centre | ||||||||||
| Wolverton Road |
||||||||||
| Castlethorpe | ||||||||||
| Milton Keynes | ||||||||||
| MK19 7ES |
| Period from | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 15May 20to | |||||||||
| Year | to 31 Mar | 22 | 31 Mar 21 | ||||||
| Unrestricted | Restricted | ||||||||
| funds | funds | Total | funds | Total funds | |||||
| Note | E | 6 | E | ||||||
| Income and endowments | |||||||||
| Donations and legacies |
4 | 39,210 | 39,210 | 60,428 | |||||
| Charitable activities |
5 | 266 | 32,515 | 32,781 | 110 | ||||
| Total income | 39,476 | 32,515 | 71,991 | 60,538 | |||||
| Expenditure | |||||||||
| Expenditure on raising funds: |
|||||||||
| Costs of raising | donations | and | |||||||
| legacies | 6 | 1,200 | 1,200 | ||||||
| Expenditure on charitable |
activities | 7,8 | 35,036 | 29,950 | 64,986 | 63,411 | |||
| Total expenditure | 36,236 | 29,950 | 66,186 | 63,411 | |||||
| Net income/(expenditure) | and | net | |||||||
| movement in funds |
3,240 | 2,565 | 5,805 | (2,873) | |||||
| Reconciliation offunds |
|||||||||
| Total funds brought | forward | (2,873) | (2,873) | ||||||
| Total funds carried | forward | 367 | 2,565 | 2,932 | (2,873) |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | 6 | F | ||
| Current assets | ||||
| Debtors | 12 | 12,017 | ||
| Cash at bank and in | hand | 6,217 | ||
| 18,234 | ||||
| Creditors: amounts | falling due within one year | 15,302 | 2,873 | |
| Net current assets | 2,932 | (2,873) | ||
| Total assets less current liabilities | 2,932 | (2,873) | ||
| Net assets | 2,932 | (2,873) | ||
| Funds ofthe charity | ||||
| Restricted funds | 2,565 | |||
| Unrestricted funds |
367 | (2,873) | ||
| Total charity funds | 14 | 2,932 | (2,873) |
| Unrestricted | Unrestricted | Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||||||||
| E | E | E | E | ||||||||||
| Donations | |||||||||||||
| Donated services | 27,574 | 27,574 | 60,133 | 60,133 | |||||||||
| General donations | 885 | 885 | 295 | 295 | |||||||||
| Grants | |||||||||||||
| NGO Participation | Fund | 5,751 | 5,751 | ||||||||||
| Van Neste Foundation | 5,000 | 5,000 | |||||||||||
| 39,210 | 39,210 | 60,428 | 60,428 | ||||||||||
| 5. | Charitable | activities | |||||||||||
| Unrestricted | Restricted | Total Funds | |||||||||||
| Funds | Funds | 2022 | |||||||||||
| E | E | E | |||||||||||
| Fees received | as | part of | direct charitable | activities | 266 | 32,515 | 32,781 | ||||||
| Unrestricted | Restricted | Total Funds | |||||||||||
| Funds | Funds | 2021 | |||||||||||
| E | E | ||||||||||||
| Fees received | as | part of | direct charitable | activities | 110 | 110 | |||||||
| 6. | Costs of raising | donations | and legacies | ||||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||||
| E | |||||||||||||
| Costs ofraising donations | and legacies | ||||||||||||
| —Grants applications | 1,200 | 1,200 | |||||||||||
| 7. | Expenditure | on charitable | activities | by | fund | type | |||||||
| Unrestricted | . Restricted | Total Funds | |||||||||||
| Funds | Funds | 2022 | |||||||||||
| E | E | E | |||||||||||
| Roundtable | and Tea Talk Event Costs | ||||||||||||
| Research and | Literature | Reviews | 29,950 | 29,950 | |||||||||
| Support costs | 35,036 | 35,036 | |||||||||||
| 35,036 | 29,950 | 64,986 | |||||||||||
| Unrestricted | Restricted | Total Funds | |||||||||||
| Funds | Funds | 2021 | |||||||||||
| E | E | E | |||||||||||
| Roundtable | and Tea Talk Event Costs | 4,700 | 4,700 | ||||||||||
| Research and | Literature | Reviews | |||||||||||
| Supportcosts | 58,711 | 58,711 | |||||||||||
| 63,411 | 63,411 |
| Support Costs | ||||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Funds 2022 | funds 2021 | |||
| Staff costs (including | in | kind time) | 29,202 | 30,000 |
| Website design | 5,000 | |||
| ITCosts | 853 | 677 | ||
| Bank charges | 42 | |||
| Governance costs: | ||||
| Legal &professional | fees | 2,589 | 22,434 | |
| Annual report fees |
1,750 | |||
| Accountancy | 600 | 600 | ||
| 35,036 | 58,711 |
| Period from | |||||
|---|---|---|---|---|---|
| Year to | 15May 20to | ||||
| 31 Mar 22 | 31 Mar 21 | ||||
| Fees payable | to the independent | examiner for: | |||
| Independent | examination | ofthe | financial statements | 600 | 600 |
| Staff costs | Staff costs | Staff costs | |||||
|---|---|---|---|---|---|---|---|
| The average head count of employees |
during | the year was | 1 (2021:1).The average | number | of | ||
| full-time | equivalent employees |
during | the year | is analysed as | follows | ||
| 2022 | 2021 | ||||||
| No. | No. | ||||||
| Number | ofstaff - type 1 |
1 | 1 |
| 12. | Debtors | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | |||||
| Prepayments | and accrued income | 12,017 | |||
| 13. | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| Accruals and deferred | income | 5,650 | 600 | ||
| Other creditors | 9,652 | 2,273 | |||
| 15,302 | 2,873 |
| At | At | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 April 2021 f |
Income | Expenditure 8 |
31 | March 2022 6 |
|||||
| General | funds | (2,873) | 39,476 | (36,236) | 367 | ||||
| At | At | ||||||||
| 15May 2020 | Income | Expenditure | 31 | March 2021 | |||||
| S | E | ||||||||
| General | funds | 60,538 | (63,411) | (2,873) | |||||
| Restricted funds | |||||||||
| At | At | ||||||||
| 1 April 2021 | Income | Expenditure | 31 | March 2022 | |||||
| 6 | F | ||||||||
| IDH —Sustainable | Trade Initiative | 32,515 | (29,950) | 2,565 | |||||
| At | At | ||||||||
| 15May 2020 | Income | Expenditure | 31 | March 2021 | |||||
| 6 | F | 6 | |||||||
| IDH —Sustainable | Trade Initiative | ||||||||
| 15. | Analysis | of net assets between funds | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2022 | |||||||
| 9 | 6 | ||||||||
| Current | assets | 7,619 | 10,615 | 18,234 | |||||
| Creditors | less than | 1 year | (7,252) | (8,050) | (15,302) | ||||
| Net assets | 367 | 2,565 | 2,565 | ||||||
| Unrestricted | Restricted | Total | Funds | ||||||
| Funds | Funds | 2021 | |||||||
| F | F | 8 | |||||||
| Current assets | |||||||||
| Creditors | less than | 1 year | (2,873) | (2,873) | |||||
| Net assets | (2,873) | (2,873) |