2021-03-31-accounts - West Hackney Parochial Charity

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		Page
Report ofthe Trustees		1 to 5
Independent Examiner's	Report
Statement ofFinancial	Activities
Comparative Statement	ofFinancial Activities
Balance Sheet
Comparative Balance Sheet		10
Notes to the Financial Statements		11 to 19
Detailed Statement ofFinancial Activities		20

						31.03.21	31.03.20
			Unrestricted	Designated	Endowment	Total	Total
			funds	funds	funds	funds	funds
		Notes
INCOME
Income from
Donations			3,230	61,770		65,000	65,000
Investment income			152208			152208	152942
Total income			155,438	61,770		217,208	217,942
EXPENDITURE
Costs ofraising funds
Investment manager	fees		(10,652)			(10,652)	(10,132)
Charitable activities
Grants to institutions
		4/5	67,120	60,000		127,120	135,130
Grants to individuals		4/5	13,960			13,960	10,649
Unrealised (Gains) / Losses
on investment assets					(905,028)	(905,028)	156,958
Total income/(expenditure)			70,428	60,000	(905,028)	(774,600)	292,605
Net income /(expenditure)			85,010	1,770	905,028	991,808	(74,663)
RECONCILIATION	OF FUNDS
Total funds brought	I'orward		173,934	(43,540)	4,393,621	4,524,015	4,598,678
TOTAL FUNDS CARRIED
FORWARD			258 944	41,770	5298,649	5,515,823	4,524015

							31.03.20
				Unrestricted	Designated	Endowment	Total
				funds	funds	funds	funds
			Notes
	INCOME
	Income from
	Donations			40,000	25,000		65,000
	Investment income			152942			152942
	Total income			192,942	25,000		217,942
	EXPENDITURE
	Costs ofraising funds
	Investment manager	fees		(10,132)			(10,132)
	Charitable activities
'	Grants to institutions		4/5	111,590	23,540		135,130
	Grants to individuals		4/5	10,649			10,649
	Unrealised Losses
	on investment assets					156,958	156,958
	Total expenditure			112,107	23,540	156,958	292,605
	Net income / (expenditure)			80,835	1,460	(156,958)	(74,663)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		93,099	(45,000)	4,550,579	4,598,678
	TOTAL FUNDS CARRIED
	FORWARD			173,934	43 540	4393,621	4 524,015

						31.03.21	31.03.20
			Unrestricted	Designated	Endowment	Total	Total
			funds	funds	funds	funds	Funds
	Notes
FIXEDASSETS
Investments					5,220,269	5,220,269	4,294,342
CURRENT ASSETS
Cash at bank			268,484		78,380	346,864	280,187
			268,484		78,380	346,864	280,187
CREDITORS
Amounts falling due within one
year			(9,540)	(41,770)		(51,310)	(38,744)
NET CURRENT ASSETS			258,944	(41,770)	78,380	295,554	241,443
TOTAL ASSETSLESS
CURRENT			258,944	(41,770)	5,298,649	5,515,823	4,535,785
LIABILITIES
CREDITORS
Amounts falling due in	more
than one year							(11,770)
NET ASSETS			258 944	41,770	5,298,649	5,515,823	4,524,015
FUNDS
Unrestricted funds			258,944			258,944	173,934
Designated funds				(41,770)		(41,770)	(43,540)
Endowment funds					5,298,649	5 298649	4,393621
TOTAL FUNDS			258,944	41,770	5 298649	5,515,823	4,524 015
				14.09.21
The financial statements	were approved	by	Board o Trustees	on		.and were	signed on its
behalf by;

					31.03.20
		Unrestricted	Designated	Endowment	Total
		funds	funds	funds	funds
	Notes			f
FIXEDASSETS
Investments				4,294,342	4,294,342
CURRENT ASSETS
Cash at bank		180,908		99,279	280,187
		180,908		99,279	280,187
CREDITORS
Amounts falling due within one
year		(6,974)	(31,770)		(38,744)
NET CURRENT ASSETS		173,934	(31;770)	99,279	241,443
TOTAL ASSETSLESS
CURRENT		173,934	(31,770)	4,393,621	4,535,785
LIABILITIES
CREDITORS
Amounts falling due in more
than one year			(11,770)		(11,770)
NET ASSETS		173934	43 540	4,393,621	4,524015
FUNDS
Unrestricted funds		173,934			173,934
Designated funds			(43,540)		(43,540)
Endowment funds				4,393621	4 393621
TOTAL FUNDS		173,934	43,540)	4,393,621	4,524,015

3.	INVESTMENT INCOME	INVESTMENT INCOME	INVESTMENT INCOME
						31.03.21	31.03.20
	Dividends	received				151,951	151,885
	Deposit account interest					257	~1057
						152,208	152,942
4.	GRANTS	PAYABLE
						31.03.21	31.03.20
	Committed	grants brought forward				43,450	45,000
	Grants awarded to institutions			and individuals	during the year
	less grant	commitments	no longer required			117,147	125,606
	Committed	grants carried forward				~41 770)	~43 450)
						118,827	1~27 156

The gran	ts carried forward off41,770 are tranche gr	ants that will be paid over th	e next year.	e next year.
			31.03.21		31.03.20
Skyway		Due 01/12/21		3,250	3,250
Hackney	Shed Inclusive Theatre Workshops	Due 01/12/21		8,520	8,520
Literacy	Pirates	Due 01/09/21	15,000
East End Citizens Advice Bureau		Due 01/1 1/21	1	5,000
North London Action for the Homeless		Due 01/12/1 9			15,000
Duckie Ltd The Posh Club		Due 01/06/20			5,000
Skyway		Due 01/12/20			3,250
Hackney	Shed Inclusive Theatre Workshops	Due 01/12/20			8,520

									31.03.21	31.03.20
	Recipient			Purpose ofGrant						f
Adult Support
Bags ofTaste			Budget cooking course - cooking lessons that provide dishes lcamed at home.			tho	Ingredients	to uy the	5,132
British Rcfugce Council			London Destitution Service						4,000	4,000
City and Hackney	Carcrs Centra		Carers Emotional Support Service						4,424
East End Citizens	Advice Bureau		Welfare 8eneats and Debt Cascworkcr Strategic Frojcct				over 2 years		30,000
Hackney Migrant	Centre		Advice Drop In Service						5,000	5,000
Lumioary Limited			Empowcring Disadvantaged	Worsen						4,000
Reach Out			Mcntoring at the Pctchcy Academy							5.000
Skyway			Skyway Employmcnt Support							10,000
Skyway			Coronavirus Emergency Relief						1,000
StJoseph's Hospice			Hackney Namaste Care Service						5,000	5,000
St Paula Church Narcotics Anonymous			Narcotics Anonymous Meetings							7,800
									54,556	40 800
Children and Young People
Hackney Play bus			Bonding With Baby							5,000
Literacy Pirstos			Coro funding, literacy, confidence		and perseverance	over	2years		30,000
Kench Hill Charity			Funding to support St Matthias Year 6PGL School trip.							1,730
NWF Shacklcwell	Primary	S'chool	Funding to support with the cost ofthe Year 6PGL school r@idcntiab							3,920
Reach Out			Pctchcy Academy Project							5,000
									30.000	15,650
Homelessness
Hackney Doorways			Winter Night Shelter						16,000	12,000
St Paul's Church Winter Night Shelter			Winter Night Shcltcr							4,861
									16,000	16,861
Recreation
Duckic Ltd			Haclmey Honky Tonk							5,000
Duckie Ltd			The Posh Club - Dance Club							5,000
Duckie Ltd			Posh Club TV						5,000
Haclmry Music Service			Hackney Schools Music and	Dance Festival						3,800
Hackney Shed			Summer Shores							1,760
Hackney Shed			Inclusive Theatre Workshops							25,560
Stoke Newington	Common	Users Group	Common Fun Day							2,000
									5,000	43,120
Individual Grants
Grants paid to individuals			Grants to assist 31Hackney residents. (2020 18Hackney				Residonts)		12,989	9,175
Grants paid to individuals			Grants issued in prior year not taken up						(1,398)
									11,591	9,175
									117,147	125606

							31.03.21	31.03.21	31.03.20
Accountancy		and book-keeping						1,800	1,800
Incidental	expenses							993	2,127
Independent		examination						1,200	1,200
Administration		—governance	(Seesupport costs below)						5,652
Administration		—other (See	support	costs below)					2,818
								~14 288	13,597
						31.03.2021			31.03.2020
		Administration		Management	Accountancy	Total Support		Total Support
		Costs		Costs	Costs	Cost			Cost
Grant Administration			7,710		1,935	. 9,645			6,576.
Governance
Administration				6,161		6,	161		5,652
Other Administration			3,305		829	4,	134		2,818
Total Cost		11,015		6,161	2,764	19,940			15,046

					31.03.2021	31.03.2020
		Grants	Administration	Governance	Total	Total
Grants to Institutions		105,556	8,691	12,873	127,120	135,130
Grants to Individuals		11,591	954	1,415	13,960	10,649
Total Cost		117,147	9,645	14,288	141,080	145,779
Investment manager	fees				(10,652)	(10,132)
Total Expenditure					130,4211	133,647

	Listed
	investments
MARKET VALUE
At 1 April 2020	4,294,342
Disposals
Additions	20,899
Revaluations	905 022
At 31March 2021	5 220,269
NET BOOK VALUE
At 31March 2021	5 220,269
At 31 March 2020	4,294,342

				31.03.21	31.03.20
Other creditors				5,227	3,974
Grants Payable	within	1 year		43,083	31,770
Accrued expenses				~3000	3,000
				~51 310	38,744
				31.03.21	31.03.20
Grants Payable	in more	than	1 year		11770
					~11 770

			Net movement
		At 01.04.20	in funds f	At 31,03.21
Unrestricted	funds
General fund		173,934	85,010	258,944
Designated	funds
Forward grant commitments		(43,540)	1,770	(41,770)
Endowment	funds
Endowment	fund	4,393,621	905,028	5,298,649
TOTAL FUNDS		4 524.015	991,808	5,515823

		Income	.Expenditure	Gains and	Movement in
				losses	funds
Unrestricted	funds
General fund		155,438	(70,428)		85,010
Designated	funds
Forward grant commitments		61,770	(60,000)		1,770
Endowment	funds
Endowment	fund			905,028	905,028
TOTAL FUNDS		217,208	(130,428)	905,028	991,808
ANALYSIS	OF NET ASSETSBETWEEN FUNDS 2021
			Fixed	Net	Total
			Assets	Assets
Unrestricted	funds
General fund				258,944	258,944
Designated	funds
Forward grant commitments				(41,770)	(41,770)
Endowment	funds
Endowment	fund		5,220,269	78,380	5,298,649
TOTAL FUNDS			5,220,269	295,554	5,515,1123

		Fixed	Net	Total
		Assets	Assets
Unrestricted	funds
General fund			173,934	173,934
Designated	funds
Forward grant coinmitments			(43,540)	(43,540)
Endowment	funds
Endowment	fund	4,294,342	99,279	4,393,621
TOTAL FUNDS		4294 342	229 673	4,524 015

		2021	2020
INCOME
Donations
Donation from Hackney Joint
Estate Charity		65,000	65,000
Investment income
Dividends received		151,951	151,885
Deposit account interest		257	~1057
		152,208	152,942
Total income		217,208	217,942
EXPENDITURE
Costs ofraising funds
Investment manager	fees	(10,652)	(10,132)
Charitable activities
Grant administration		9,645	6,576
Grants to institutions		105,556	116,431
Grants to individuals		~11591	~9175
		126,792	132,182
Governance costs
Accountancy and book-keeping		1,800	1,800
Incidental expenses		993	2,127
Independent examination		1,200	1,200
Administration -governance		6,161	5,652
Administration - other		4,134	~2818
		14,288	13,597
Unrealised (gains) / losses on investments		(905,028)	156,958
Total expenditure		(774,600)	292,605
Net income/(expenditure)		991,808	~74,663)