|Report ofthe Trustees|1to 5|
|---|---|
|Mependent
Examiner's
Report||
|Statement ofFinancial Activities||
|Comparative
Statement ofFmancial Activities||
|Balance Sheet||
|Con; arative Balance Sheet|10|
|Notes to the Financial
Statements|11to 'l9|
|Detailed Statement ofFinancial Activities|20|
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|||||||31,0322|31.03,21|
|---|---|---|---|---|---|---|---|
||||Vnrestricted|Designated|Endowment|Totai|Total|
||||funds|funds|funds|funds|funds|
|||Nates||||||
|INCOME||||||||
|Income from||||||||
|Donations|||8,230|66,770||75,000|65,000|
|Investment
income|||1368S7|||136857|152208|
|Total income|||145,087|66,770||211,857|217,208|
|EXPENDITURE||||||||
|Costs of raising funds||||||||
|Investment
manager|fees||(11,930)|||{11,930)|(10,652)|
|Charitable
activities||||||||
|Grants to institutions||||||||
|||4/5|139,313|50,000||189,313|127,120|
|Grants to individuals||4/5|11,606|||11,606|13,960|
|Unrealised
(Gains)||||||||
|an investmcot
assets|||||(135,463)|(135,463)|(905,028)|
|Total Expenditure/(Income)|||138,989|50,000|(135,463)|53,526|(774,600)|
|Net income|||6,098|16„7/0|135,463|158@31|991„808|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought|forvvard||258,944|(41,?70)|5,298,649|5,515,823|4,524,015|
|TOTAL FVNDS CARRIED||||||||
|FORWARD|||265 042|25,000|5,434 112|5674 154|5 515,823|
|||||||31.03.21|
|---|---|---|---|---|---|---|
||||Unrestricted|Dengnsted|Endowment|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME|||||||
|Income from|||||||
|Donations|||3,230|61,770||65,000|
|Investment
income|||152,208|||152,208|
|Total income|||155,438|61,770||217,208|
|EXPENDITURE|||||||
|Costs ofraising funds|||||||
|Investment
manager|fees||(10,652)|||(1,0,652)|
|Charitable
activities|||||||
|Grants to institutions|||||||
|||4/5|67,120|60,000||127,120|
|Grants to individuals||4/S|13,960|||13,960|
|Unreal ised {Gains)|||||||
|on investment
assets|||||(905,028)|{905,028)|
|Total Expenditure/(Income)|||70,428|60,000|{905,028)|(774,600)|
|Net income
/ {expenditure)|||85,010|1,770|905,028|991,808|
|RKCONCILIATION|OFFUNDS||||||
|Total funds brought|forward||173,934|(43,540)|4,393,621|4,524,015|
|TOTAL FUNDS CARRIED|||||||
|FORWARD|||258 944|{41,770|5 298,649|5,S15,823|
##
|Balance Sheet
At 31March 2022|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.03.2).|31.03.21|
||||Unrestricted|Designated||Endowment|Total|Total|
||||funds|funds||funds|funds|Funds|
|||Notes|||||||
|FIXEDASSETS|||||||||
|Investments||||||5,355,608|5,355,608|5,220,269|
|CURRENT ASSETS|||||||||
|Cash at bank|||306,626|||78,504|385,130|346,864|
||||306,626|||78,504|385,130|346,864|
|CREDITORS|||||||||
|Amounts
falling due|within one||||||||
|year|||(41,584)|(25,000)|||(66,584)|(51,310)|
|NKT CURRENT ASSETS|||26S,042|(25,000)||78,504|318,546|295,554|
|TOTAL ASSETSLESS|||||||||
|CURRENT|||265,042|(25,000)||5,434,112|S,674,154|5,515,823|
|LIABILITIES|||||||||
|CREDITORS|||||||||
|Amounts
falling due|in more||||||||
|than one year|||||||||
||||265 042|25 000||5,434,112|S674,154|5 515823|
|FUNDS|||||||||
|Unrestricted
funds|||265,042||||265,042|258,944|
|Designated
funds||||(25,000)|||(25,000)|(41,770)|
|Endowment
funds||||||5„434112|5434,112|5 298 649|
|TOTAL FUNDS|||265,042|25,000||5,434,112|5 674 154|5,515„823|
|The financial
statements
behalf by:|were approved|by the|Board ofTrustees|on,.....|l..+....~~.-..~L||.......and were|signed on its|
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||||||31,03,21|
|---|---|---|---|---|---|
|||Unrestricted|Designated|Endowment|Total|
|||funds|funds|funds|funds|
||Notes||f,|||
|FIXEDASSETS||||||
|Investments||||5,220,269|5,220,269|
|CURRENT ASSETS||||||
|Cash at bank||268,484||78,380|346,864|
|||268,484||78,380|346,864|
|CREDITORS||||||
|Amounts
faBing due within one||||||
|year||{9,540)|(41770)||{51,310)|
|NET CURRENT ASSETS||258,944|(41,770)|7S,380|295,554|
|TOTAL ASSETSLESS||||||
|CURRENT||258,944|(41,770)|5/98,649|5,515,823|
|LIABILITIES||||||
|CREDITORS||||||
|Amounts fling due in more||||||
|than one year||||||
|NET ASSETS||258,944|41,770|5298,649|5,515,823|
|FUNDS||||||
|Unrestricted
funds||258,944|||258,944|
|Designated
funds|||(41,770)||(41,770)|
|Endowment
funds||||5298,649|5298,649|
|TOTAL FUNDS||25S,944|41 770|5298 649|5515,823|
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|The grants|carried forward off25,000 are tranche
gr|ants that will be paid over t|he next year,||
|---|---|---|---|---|
||||31.03.22|31.03.21|
|Skyway||||3,250|
|Hackney|Shed Inclusive Theatre Workshops|||8,520|
|Literacy Pirates||||15,000|
|East End|Citizens Advice Bureau|||15,000|
|North London Action for the Homeless||Due 03/12/22|15,000||
|Immediate|Theatre|Due 03/12/22|10,000||
|||||~41 77|
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||||||||||31.03.22|31.03.21|
|---|---|---|---|---|---|---|---|---|---|---|
||Recipient|||Purpose||ofGrant|||||
|Adult Support|||||||||||
|Bags ofTaste|||Budget cooldng course - cooking lessons
to try the dishes learned
at home||||thatprovide|the ingredients|5,000|5 132|
|British Refugee Council|||London Destitution
Service||||||5,000|4,0M|
|City and Hackney|Carers Centre||Carers Emotional Support Service|||||||4,424|
|East End Citizens|Advice Bureau||Weiatre Benetlts and Debt||Caseworker||Stmtcgic project over 2 years|||30„000|
|Hackney Foodbank|||Poodbank Development|2021|||||10,000||
|Hackney hdigrsnt|Centre||Advice Drop IsService||||||5,000|5,000'|
|MRS independent|Living||Side by Side||||||5,000||
|North London Action ibr the Homeless|||Drop in Sessions for the homeless||||||30,000||
|Refugee Women Association|||Women Wellness Project||||||5,000||
|Skillspool Training||CIC|Enable IT||||||4,12S||
|Skyway|||Coronavirus
Emergency|Rehef||||||1,000|
|StJoseph's Hospice|||Hackney Namaste Care|Service|||||5,000|5,000|
||||||||||74,12S|54,556|
|Children and Young People|||||||||||
|Drama Expressions||for Children|Couftdencc Code||||||5,000||
|Hackney Play bus|||Bonding With Baby||||||5,000||
|Inspire|||Inspired Directions||||||10,000||
|Literacy Pirates|||Core funding,
literacy, confidence|||and perseverance||over 2years||30,0M|
|NWF Shacldewell||Primary School|Puuding to support with|costofYear 6PGLschool residential.|||||5,181||
|NWF Sltacldewell||Primary Schon!|Sun Trap Forest Centre|Trip for Year 6|||||3,200||
|Reach Out|||Petchey Academy Project||||||5,0M||
||||||||||33,3S1|30,000|
|Homeless ness|||||||||||
|Hackney Doorways|||Winter Night. Shelter||||||16,000|16,000|
||||||||||18,000|16,000|
|Recreation|||||||||||
|Duckie Ltd|||The Posh Club - Dance|Club|||||5,000||
|Duckie Ltd|||Posh Club TV||||||||
|Hackney Shed|||Hackney Shed Fest||||||5,000||
|lnunediate
Tlieatre|||Pathways toEmployment-||Strategic grant||||20,000||
|Rodolfus Foundation|||Rodolfus
Choral Acadetny||||||2,000||
|StPaul's Church|||The Cantignorus
Chorus|Comrnsdty
Choir|||||3,000||
|Through
the Noise|||Mindmusic||||||5,{}00||
||||||||||40,000|5,000|
|Individual
Grants|||||||||||
|Grants paid to individuals|||Grants to assist 20 Hackney residents. (202131 Hackney Residents)||||||10,147|12,989|
|Grants paid to individuals|||Grsots issued in prior year||not taken up|||||(1,39S)|
||||||||||10,147|11,591|
||||||||||175,656|117,141|
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||||||31.03.22|31,03.21|
|---|---|---|---|---|---|---|
|Accountancy|and book-keeping||||1,800|1,800|
|Incidental
expenses|||||2,025|993|
|Independent|examination||||11200|1,200|
|Administration||—governance (See support|costs below)||6,674|6,161|
|Administration-||other (See support costs|below)||~4070|4,134|
|||||||~l4 288|
||||||310320&&|31,03.2021|
|||Adininistration|Nsnagetaent|Accountancy|Total Support|Total Support|
|||Costs|Costs|Costs|Cast|Cast|
|Grsrit Adrcfriistratiori||.',417||2,077|||
|Governance
Adctirristration|||6,674||6,074||
|Othe Adaiinistradan||3,180|||L.070||
|||10,59|||20 ~38||
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|||||3103 2022|31.03,20'1|
|---|---|---|---|---|---|
||Grants|Administration|Gavernsnce|Total|Total|
|Grants ta Institeions|165,509|8,9'6|14,858|189,313|U7 120|
|Grants to Individuals|10.,W7|548|911|11,606|1396D|
|Total Cast|||15,.7N|200,919|141,080|
|hD estment manager fees||||(11,930)|(10,052)|
|TotalEpenditure||||'18S.989|130,428|
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|AXKD ASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
|MARKET VALUE||
|At 1April 2021|5,220,269|
|Dlsposais|{124)|
|Additions||
|Revaluations|l3S463|
|At 31March 2022|5,355,608|
|NKT ROOK VALUE||
|At31March 2022|5,355608|
|At 31March 2021|5,220269|
|||31.03.22|31,03.21|
|---|---|---|---|
|Other creditors||6,456|5/27|
|Grants Payable within|1year|57,128|43,083|
|Accrued expenses||~3000|~3000|
|||66P84|51,310|
|||31.03.22|31.03.21|
|Grants Payable in more|than I year|||
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||||Net movement||
|---|---|---|---|---|
|||At 01.04.21|in funds|At 31.03.22|
||||f.||
|Unrestricted|lunds||||
|General fund||258,944|6,098|265,042|
|Designated|funds||||
|Forward grant conunitments||(41,770)|16,770|(25,000)|
|Endowment|funds||||
|Endowment|fund|5,298,649|135,463|5,434,112|
|TOTAL FUNDS||5515823|158331|5674,1S4|
|||Income|Expenditure|Gains and|Movement
in|
|---|---|---|---|---|---|
|||||losses|funds|
|Unrestricted|funds|||||
|General fund||145,087|(138,989)|||
|Designated|funds|||||
|Forward grant cotnmitments||66,770|(50,000)||16,770|
|Endowment|funds|||||
|Endowment|fund|||135,463|135,463|
|TOTAL FUNDS||211,857|~188383'I|135463|158331|
|ANALYSIS|OF NET ASSETS BETWEEN FUNDS 2022|||||
||||Fixed|Net|Total|
||||Assets|Assets||
||||f,|||
|Unrestricted|funds|||||
|GeneraI fund||||265,042|265,042|
|Designated|funds|||||
|Forward grant commitments||||(25,000)|(25,000)|
|Endowment|funds|||||
|Endowment|fund||5,355,608|78,504|5,434,112|
|TOTAL FUNDS|||5,355668|318.546|S 674.154|
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|Bonations||||
|---|---|---|---|
|Donation from Hackney Joint||||
|Estate Charity|75,000||65,000|
|Investment
income||||
|Dividends
received|136,667||151,951|
|Deposit account interest|190||257|
||~336 857||152208|
|Total income|211,857||2I7,208|
|Costs of raising funds||||
|Investment
manager fees|{11,930)||(10,652}|
|Charitable
activities||||
|Grant administration|9,494||9,645|
|Grants to institutions|165,509||1'05,556|
|Grants to individuals|10,147||11,591|
||185,150||126,792|
|Governance
costs||||
|Accountancy
and book-keeping|1,800||1,800|
|Incidental
expenses|2,025||993|
|Independent
examination|1,200||1,200|
|Administration
-governance|6,674||6,161|
|A.dministration
-other|~4070||4 U4|
||15,769|'|14288|
|Unreaiised
(gains) on investments|(135,463)||(905,028)|
|Total expenditure|53,526||(774,6QO)|
|Net income|158,331||991,808|