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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe Company„ its Trustees and advisers||
|Trustees'
report|||2-7|
|Independent
auditor's|report|on the financial statements|8-12|
|Statement
offinancial|activities|||
|Balance sheet|||14|
|Notes to the financial|statements||15-29|
|Trustees|||J Connell|||
|---|---|---|---|---|---|
||||R C C Temple|||
||||LJ N Morrocco|||
||||N Jobst|||
||||A Courtenay-Mayers|||
||||J Thorold,
Co-Chairman|||
||||BBeatley|||
||||D Bethge|||
||||A W H Gibbs,|Joint|Treasurer|
||||C R Glanville,|Joint|Treasurer|
||||Z D Glanville|(Deceased 10September 2021)||
||||M J K Planidin|||
|Company|registered|||||
|number|||00555631|||
|Charity registered||||||
|number|||207480|||
|Registered||office|14th Floor|||
||||33 Cavendish|Square||
||||London|||
||||W1G OPW|||
|Company|secretary||R C C Temple|||
|Independent||auditor|Simmons
Gainsford||LLP|
||||Chartered
Accountants|||
||||14th Floor|||
||||33 Cavendish|Square||
||||London|||
||||W1G OPW|||
|Bankers|||National
Wesminster||Bank Plc|
||||46 Notting
Hill|Gate||
||||London|||
||||W11 3HZ|||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||Note|E|||
|Income from:|||||||
|Donations
and|legacies|||80,582|80,582|309,640|
|Investments||||73,858|73,858|77,452|
|Total income||||154,440|154,440|387,092|
|Expenditure
on:|||||||
|Raising funds||||12,861|12,861|19,222|
|Charitable
activities||||190,792|190,792|198,817|
|Total expenditure||||203,653|203,653|218,039|
|Net movement|in funds before other recognised||||||
|gains||||(49,213)|(49,213)|169,053|
|Other recognised||gains:|||||
|Gains on revaluation||of fixed assets||180,000|180,000||
|Net movement|in funds|||'I30,787|130,787|169,053|
|Reconciliation|offunds:||||||
|Total funds
brought||forward||8,905,310|8,905,310|8,736,257|
|Net movement|in funds|||130,787|130,787|169,053|
|Total funds carried||forward||9,036,097|9,036,097|8,905,310|
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||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|
||||AS AT 31 MARCH 2021|||||
||||||2021||2020|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||12||5,194,063||5,194,758|
|Heritage assets|||14||16,200||16,200|
|Investment
property|||13||3,400,000||3,220,000|
||||||8,610,263||8,430,958|
|Current assets||||||||
|Debtors|||15|15,044||19,626||
|Investments|||16|295,558||292,297||
|Cash at bank and|in|hand||126,241||170,931||
|||||436,843||482,854||
|Creditors: amounts||falling due within one||||||
|year|||17|(11,009)||(8,502)||
|Net current assets|||||425,834||474,352|
|Total net assets|||||9,036,097||8,905,310|
|Charity funds||||||||
|Unrestricted
funds|||18||9,036,097||8,905,310|
|Total funds|||||9,036,097||8,905,310|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2020|
||F|||
|Donations|75,582|75,582|144,856|
|Legacies|5,000|5,000|164,784|
|Total 2021|80,582|80,582|309,640|
|Total 2020|309,640|309,640||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
|||||E||
|Investment|income|—rental income|70,537|70,537|74,608|
|Investment|income|—Interest receivable|3,321|3,321|2,844|
|Total 2021|||73,858|73,858|77,452|
|Total 2020|||77,452|77,452||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
||||F|f,|E|
|Expenditure|on investment|management|12,861|12,861|19,222|
|Total 2020|||19,222|19,222||
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||Grants to|Total|Total|
|---|---|---|---|
||Institutions|funds|funds|
||2021|2021|2020|
||f,|E||
|Donations|||5,631|
|Total 2020|5,631|5,631||
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
|||||F|E|
|Study
& international||costs|40,757|40,757|66,044|
|Property expenses|||130,880|130,880|107,755|
|Charity management|||4,775|4,775|5,915|
|Professional|fees||14,380|14,380|19,103|
|Total 2021|||190,792|190,792|198,817|
|Total2020|||198,817|198,817||
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||||Activities|Grant|Grant|||
|---|---|---|---|---|---|---|---|
||||undertaken|funding|of|Total|Total|
||||directly|act.ivit:ies||funds|funds|
||||2021|2021||2021|2020|
|||||||E||
|Study 8 International||costs|40,757|||40,757|66,044|
|Property expenses|||130,880|||130,880|107,755|
|Charity management|||4,775|||4,775|5,915|
|Governance|costs||14,380|||14,380|19,103|
|Total 2021|||190,792|||190,792|198,817|
|Total 2020|||193,186|5,631||198,817||
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||Study|8||||||
|---|---|---|---|---|---|---|---|
||International||Property|Charity|Governance|Total|Total|
||costs||expenses|management|Costs|funds|funds|
||2021
E||2021
f,|2021
E|2021|2021
F|2020f|
|Staff costs|39,655||||6,552|46,207|45,032|
|Depreciation|695|||||695|6,289|
|Travel|79|||||79|93|
|International||||||||
|contributions|||||||6,386|
|Events and||||||||
|expenditure|328|||||328|9,165|
|Light & heat|||13,930|||13,930|12,452|
|Rates|||43,820|||43,820|42,402|
|Insurance|||16,058|||'I6,058|16,941|
|Bank charges|||||293|293|357|
|Household||||||||
|expenses|||11,197|||11,197|24,519|
|General
admin||||||||
|fees||||828|7,535|8,363|9,587|
|Telephone
8||||||||
|internet
8||||||||
|computer|||||||783|
|Printing,
postage||||||||
|8 stationery||||3,947||3,947|3,623|
|Other expenses|||||||706|
|Repairs and||||||||
|maintenance|||45,875|||45,875|11,441|
|Legal fees|||||||3,410|
|Total 2021|40,757||130,880|4,775|14,380|190,792|193,186|
|Total 2020|60,413||107,755|5,915|19,103|193,186||
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|Staff costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E||
|Wages and|salaries|||39,655|38,480|
|Contribution|to defined|contribution|pension schemes|6,552|6,552|
|||||46,207|45,032|
|2021|2020|
|---|---|
|No.|No.|
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||Freehold|Fixtures and||
|---|---|---|---|
||property|fittings|Total|
||E|F||
|Cost or valuation||||
|At 1 April 2020|5,192,667|186,842|5,379,509|
|At 31 March 2021|5,192,667|186,842|5,379,509|
|Depreciation||||
|At 1 April 2020||184,751|184,751|
|Charge for the year||695|695|
|At 31 March 2021||185,446|185,446|
|Net book value||||
|At 31 March 2021|5,192,667|1,396|5,194,063|
|At 31 March 2020|5,192,667|2,091|5,194,758|
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|||||||Freehold|
|---|---|---|---|---|---|---|
|||||||investment|
|||||||property|
|||||||E|
|Valuation|||||||
|At 1 April||2020||||3,220,000|
|Impairment|||reversal|||180,000|
|At 31 March|||2021|||3,400,000|
|Comprising|||||||
|Cost||||||24,050|
|Annual|revaluation|||surplus/(deficit)|||
|2010||||||1,975,950|
|2011||||||1,250,000|
|2014||||||1,250,000|
|2018||||||(1,000,000)|
|2019||||||(280,000)|
|2021||||||180,000|
|||||||3,400,000|
|Heritage||assets|||||
|Assets|recognised|||at cost|||
||||||Heritage||
||||||asset I|Total|
||||||2021|2021|
||||||E||
|Carrying||value at 1||April 2020|16,200|16,200|
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|||2021|2020|
|---|---|---|---|
|||f.|f,|
|Due within|one year|||
|Other debtors||2,126|2,162|
|Prepayments|and accrued income|4,828|6,165|
|Tax recoverable||8,090|11,299|
|||15,044|19,626|
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|Current|asset inves|tments|||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Unlisted|investments|(liquid)|295,558|292,297|
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||||2021|2020|
|---|---|---|---|---|
|||||E|
|Trade creditors|||297||
|Other taxation|and social security||5||
|Other creditors|||3,262|3,262|
|Accruals
and deferred||income|7,445|5,240|
||||11,009|8,502|
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at 1|||Gains/|31 March|
||||April 2020|Income|Expenditure|(Losses)|2021|
||||E||E|E|f.|
|Unrestricted|funds|||||||
|Designated|funds|||||||
|Designated|Funds -|all funds|3,195,950|||180,000|3,375,950|
|General funds||||||||
|General
Funds - all||funds|5,709,360|154,440|(203,653)||5,660,147|
|Total Unrestricted||funds|8,905,310|154,440|(203,653)|180,000|9,036,097|
|Statement|offunds|- prior year||||||
||||||||Balance at|
|||||Balance at.|||31 March|
|||||1 April 2019|Income|Expenditure|2020|
|||||||f.||
|Unrestricted|funds|||||||
|Designated|funds|||||||
|Designated|Funds -|all funds||3,195,950|||3,195,950|
|General funds||||||||
|General
Funds - all||funds||5,540,307|387,092|(218,039)|5,709,360|
|Total Unrestricted||funds||8,736,257|387,092|(218,039)|8,905,310|
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|Summary
|offunds
-cur|rent year|||||
|---|---|---|---|---|---|---|
|||||||Balance ai|
|||Balance at 1|||Gains/|31 March|
|||April 2020|Income|Expenditure|(Losses)|2021|
|||E||P|||
|Designated|funds|3,195,950|||180,000|3,375,950|
|General funds||5,709,360|154,440|(203,653)||5,660,147|
|||8,905,310|154,440|(203,653)|180,000|9,036,097|
##
|Summary|offunds
- prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31 March|
|||1 April 2019|Income|Expenditure|2020|
|||f,|F||E|
|Designated|funds|3,195,950|||3,195,950|
|General funds||5,540,307|387,092|(218,039)|5,709,360|
|||8,736,257|387,092|(218,039)|8,905,310|
##
|Analysis||ofnet assets between
funds - current ye|ar||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
||||E||
|Tangible|fixed assets||5,194,063|5,194,063|
|Investment||property|3,400,000|3,400,000|
|Heritage|assets||16,200|16,200|
|Current|assets||436,843|436,843|
|Creditors||due within one year|(11,009)|(11,009)|
|Total|||9,036,097|9,036,097|
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|Analysis
Analysis||of net assets between funds (continued)
of net assets between
funds - prior year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||F||
|Tangible|fixed assets||5,194,758|5,194,758|
|Investment||property|3,220,000|3,220,000|
|Heritage|assets||16,200|16,200|
|Current|assets||482,854|482,854|
|Creditors||due within one year|(8,502)|(8,502)|
||||8,905,310|8,905,310|
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