| Contents | ~Pa e | ||
|---|---|---|---|
| Report of | the Trustees | 1-5 | |
| Report of | the Auditor | 6-7 | |
| Statement | ofFinancial Activities | ||
| (including | Income and Expenditure | Account) | |
| Balance Sheet | 10 | ||
| Cash Flow | Statement | ||
| Notes to the Financial Statements |
| Charity Name: | Charity Name: | The Generational | Foundation | Foundation | ||||
|---|---|---|---|---|---|---|---|---|
| Charity Registration | Number: | 1192397 | ||||||
| Principal | and Operational | Address: | c/o Withers LLP | |||||
| 20 Old Bailey | ||||||||
| London | ||||||||
| EC4M 7AN | ||||||||
| Trustees: | Meg Headley | |||||||
| Andrew Head ley |
||||||||
| Zoe Cronin | ||||||||
| Bankers and Fund Holders: | C Hoare &Co | |||||||
| 37Fleet St | ||||||||
| Temple | ||||||||
| London | ||||||||
| EC4Y 1BT | ||||||||
| Registered | Auditors: | Haines Watts (East | Midlands) | Ltd | ||||
| Chartered Accountants |
&Registered | Auditors | ||||||
| 10Stadium Business |
Court | |||||||
| Millennium Way |
||||||||
| Pride Park | ||||||||
| Derby | ||||||||
| DE24 8HP | ||||||||
| Solicitors: | Withers LLP | |||||||
| 20 Old Bailey | ||||||||
| London | ||||||||
| EC4M 7AN |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | ||||
| 2022 | 2021 | ||||
| Note | |||||
| INCOME | |||||
| Donation (inc. Gift Aid) | 1,000,000 | 1,250,130 | |||
| TOTAL INCOME | 1,000,000 | 1,250,130 | |||
| EXPENDITURE | |||||
| Governance Costs |
|||||
| Bank Charges | 271 | 91 | |||
| Legal Fee | 1,620 | 1,260 | |||
| Audit Fee | 4,200 | 3,900 | |||
| Expenditure on Charitable |
Activities | ||||
| Grants and Donations | 1,113,402 | 115,000 | |||
| TOTAL EXPENDITURE | 1,119,493 | 120,251 | |||
| NET INCOME/EXPENDITURE | |||||
| AND NET MOVEMENT | IN | ||||
| FUNDS | (119.493) | 1,129,879 | |||
| RECONCILIATION | OF FUNDS: | ||||
| Fund Balances brought | forward | ||||
| FUND BALANCES CARRIED | |||||
| FORWARD AT 31DECEMBER | |||||
| 2022 | 119,493 | 1,129,879 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Net cash provided by (used |
in) | ||||
| operating activities |
119,193 | 1,113,779 | |||
| Change in cash and cash |
equivalents | ||||
| in the reporting period |
(119,193) | 1,113,779 | |||
| Cash and cash equivalents | at | the | |||
| beginning ofthe reporting | period | 1,133,779 | |||
| Cash and cash equivalents | at the | ||||
| end ofthe reporting period |
1,014,586 | 1,113,779 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Donations | 1,000,000 | 1,250,130 | |||
| 1,000,000 | 1,250,130 | ||||
| Net income is stated | after charging: | ||||
| Auditor's | Remuneration | 4,200 | 3,900 | ||
| rants and | Donations | ||||
| 2022 | 2021 | ||||
| Spinal Research | 5,000.00 | 5,000.00 | |||
| The Sutton | Trust | 60,000.00 | |||
| The Outward Bound |
Trust | 40,000.00 | 50,000.00 | ||
| The Centre for Social Justice | 135,000.00 | ||||
| The Arbib | Educational | Trust | 152,402.00 | ||
| Beyond The Streets | 25,000.00 | ||||
| Bookmark | Reading | Charity | 100,000.00 | ||
| StAiden's | CofESchool | 56,000.00 | |||
| Harris Westminster | 6'" | Form | 100,000.00 | ||
| The Harris | Federation | 500,000.00 | |||
| 1,113,402 | 115,000.00 |
| Analysis o | fNet Asset | s Between Funds | ||||
|---|---|---|---|---|---|---|
| Current | Current | 2022 | ||||
| Assets | Liabilities | Total | ||||
| General Fund | 1,014,586 | 4,200 | 1,010,386 | |||
| 1,014,586 | 4,200 | 1,010,386 | ||||
| Current | Current | 2021 | ||||
| Assets | Liabilities | Total | ||||
| General Fund | 1,133,779 | 3,900 | 1,129,879 | |||
| 1,133,779 | 3,900 | 1,129,879 | ||||
| Movement | in Funds | |||||
| As at | As at | |||||
| 01.01.2022 | Income | Expenditure | 31.12.2022 | |||
| General Fund (Unrestricted) | 1,129,879 | 1,000,000 | 1,119,493 | 1,010,386 | ||
| Total Fund | I 129,879 | 1,000,000 | 1,119,493 | 1,010,386 | ||
| There are no restricted | fund balances held. | |||||
| As at | As at | |||||
| 18.11.2020 | Income | Expenditure | 31.12.2021 | |||
| General Fund (Unrestricted) | 1,250,130 | 120,251 | 1,129,879 | |||
| Total Fund | 1,250,130 | 120,251 | 1,129,879 |
| Net Incoming Resources | (119,493) |
|---|---|
| Adjustments | |
| Increase in Creditors |
300 |