| REPORT OF THE CHAIR ....... |
|---|
| FINANCIAL REVIEW.. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT. |
| REPORT OF THE CHIEF EXECUTIVE OFFICER |
| REPORT OF THE TRUSTEES.... . |
| REFERENCE AND ADMINISTRATIVE INFORMATION. |
| STATEMENT OF TRUSTEES' RESPONSIBILITIES. |
| REPORT OF THE INDEPENDENT EXAMINER ....... |
| STATEMENT OF FINANCIAL ACTIVITIES .. |
| BALANCE SHEET |
| NOTES TO THE FINANCIAL STATEMENTS....... |
| Thedirectors | Thedirectors | ofthe charitable | company(the charity) |
company(the charity) |
are itstrustees for | are itstrustees for | the purposes ofCharity Law. |
|---|---|---|---|---|---|---|---|
| Trustees: | Doctor David McDonald | (Chairperson) | |||||
| The Reverend | Lucyann | Ashdown | (Vice-Chairperson) | ||||
| Mrs Rosemarie | Davidson-Gotobed | ||||||
| Mr Ken Herbert | |||||||
| The Reverend | Professor | Helen Leathard | |||||
| Doctor Cathedine | Nelson | ||||||
| Doctor Michael | Platt | ||||||
| Doctor Victoria | Showunmi | ||||||
| Company | Secretary | Mr Christopher | German | ||||
| Chief Executive Officer | Reverend Doctor |
Gillian | Straine | ||||
| Registered | Office: | 23The Close | |||||
| Lichfield | |||||||
| Staffordshire | |||||||
| WS137LD | |||||||
| Company | |||||||
| Registration | Number: | 00487460 | |||||
| Charity | |||||||
| Registration | Number: | 211016 | |||||
| Bankers: | The Co-Operative | Bank | |||||
| PO Box250 | |||||||
| Skelmersdale | |||||||
| WNS 6WT | |||||||
| Independent | Examiner: | Philip Clark FCA | |||||
| Azets Audit Services | |||||||
| 2""Floor | |||||||
| Regis House | |||||||
| 45 King William | Street | ||||||
| London | |||||||
| EC4R 9AN |
| Notes | 2021 | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restdcted | Totalfunds | ||||||||
| funds | funds | |||||||||
| 6 | 6 | |||||||||
| INCOME FROM: | ||||||||||
| Donations and legacies |
5,847 | 1,386 | ||||||||
| Charitable activities |
15,440 | 11,812 | ||||||||
| Other trading activities |
||||||||||
| Investment income |
30,155 | 40,027 | ||||||||
| Total Income | 51,442 | - | 53,225 | |||||||
| EXPENDITURE ON: | ||||||||||
| Cost ofRaising Funds | 34,430 | 30,188 | ||||||||
| Charitable Activities |
81,748 | 90,897 | ||||||||
| Total Expenditure | 116,178 | 121,085 | ||||||||
| Net (Expenditure) / investments |
income | before | gains | on | (64,736) | (67.860) | ||||
| Net gains/losses on investment |
assets | 134,459 | (134,318) | |||||||
| NET INCOME FOR THE MOVEMENT IN FUNDS |
YEAR | AND | NET | 69,723 | (202,178) | |||||
| RECONCILIATION OF FUNDS |
||||||||||
| Balances brought forward |
1 April 2020 | 664,987 | 867,165 | |||||||
| Balances carried forward | 31 March | 2021 | 12 | 734,710 | 664,987 |
| Notes | 2021 | 2020 | ||
|---|---|---|---|---|
| E | F | |||
| FIXEDASSETS | ||||
| Tangible fixed assets | ||||
| Investments | 708,093 | 633,634 | ||
| Total fixed assets | 708,093 | 633,634 | ||
| CURRENT ASSETS | ||||
| Debtors | 178 | 2,918 | ||
| Shod Term Investments | 60 | 60 | ||
| Cash at bank and in hand | 30,432 | 40,955 | ||
| Total current assets | 30,670 | 43,933 | ||
| LIABILITIES | ||||
| Creditors: amounts following |
due within one year | (4,053) | (12,480) | |
| NET CURRENT ASSETS | 26,617 | 31,353 | ||
| NET ASSETS | 734„710 | 664,987 | ||
| THE FUNDS OF THE CHARITY | ||||
| Unrestricted income fund |
734,710 | 664,987 | ||
| Restricted funds | ||||
| TOTAL CHARITY FUNDS | 734,710 | 664,987 |
| 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totalfunds | ||||
| 8 | 8 | |||||
| a) | Donations | &Legacies | ||||
| Donations | 2,634 | 505 | ||||
| Tax recovery | 513 | 881 | ||||
| Legacies | 2,700 | |||||
| 5,847 | 1,386 | |||||
| b) | Charitable | activities | ||||
| Membership | Income | 5,368 | 6,242 | |||
| Training | 1,420 | 550 | ||||
| Literature | &Resource Sales | 80 | 1,290 | |||
| Events & | Presentations | 1,072 | 1,200 | |||
| Other | 7,500 | 2,530 | ||||
| 15,440 | 11,812 | |||||
| d) | Investment | Income | ||||
| Interest | 30,155 | 40,027 |
| 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totelfunde | |||||
| 8 | 8 | 8 | |||||
| a) | Raising funds | ||||||
| Marketing &Website |
Development | 24,419 | 19,570 | ||||
| Administration | 263 | 8,797 | |||||
| Consultancy | 9,748 | ||||||
| Professional fees & | bank | 721 | |||||
| Office Costs | 1,100 | ||||||
| 34,430 | 30,188 | ||||||
| b) | Charitable Activities |
||||||
| Website Hosting | 1,518 | 507 | |||||
| Newsletter, Journal |
& | Online | 2,047 | 6,588 | |||
| Membership Administration |
2,388 | ||||||
| Consultancy | 764 | ||||||
| Events, Conferences | &Seminars | 1.012 | 5,585 | ||||
| Partnership Payments |
2,500 | 16,402 | |||||
| Staff Salaries | 60,175 | 50,208 | |||||
| Staff Travel & Expenses | 1,265 | 6,137 | |||||
| Governance | 333 | 3.670 | |||||
| Telephone, postage |
and stationery | 2,095 | |||||
| Repairs and maintenance | 885 | ||||||
| Support costs: | |||||||
| Bookkeeping and support |
1,883 | ||||||
| Payroll and HR support | 1,945 | ||||||
| Professional fees | 209 | ||||||
| Insurance | 446 | ||||||
| Bank charges | 123 | ||||||
| Independent Examiner's |
Fee | 2,160 | 1,800 | ||||
| 81,748 | 90,897 | ||||||
| Total charitable costs | 116,178 | 121,085 |
| 4) TANGIBLE FIXEDASSETS | 4) TANGIBLE FIXEDASSETS | 2021 | 2020 |
|---|---|---|---|
| Office Equipment | |||
| Cost | |||
| At 1 April 2020 | 1,246 | 1,246 | |
| Additions in year |
|||
| At 31 March 2021 | 1,246 | 1,246 | |
| Depreciation | |||
| At 1 April 2020 | 1,246 | 1,246 | |
| Charge for the year | |||
| At 31 March 2021 | 1,246 | 1,246 | |
| Net BookValue | |||
| At 31 March 2020 and 2021 | |||
| 5) | FIXEDASSET INVESTMENTS | 2021 6 |
2020 6 |
| Listed investments | |||
| Market value at 1 April 2020 | 633,634 | 857,952 | |
| Withdrawals | (60,000) | (90,000) | |
| Unrealised gains/(losses) |
134,459 | (134,318) | |
| Market value at 31 March 2021 | 708,093 | 633,634 | |
| Cost at 31 March 2021 | 573,095 | 533,095 | |
| 6) | DEBTORS | ||
| 2021 E |
2020f | ||
| Prepayments | 3,902 | ||
| Accrued income | 178 | 1,015 | |
| 178 | 4,917 |
| 7) | SHORT TERM | INVESTMENT | INVESTMENT | 2021f | 2020f |
|---|---|---|---|---|---|
| At 1 April 2020 | 60 | 60 | |||
| At 31 March 2021 | 60 | 60 | |||
| These investments | are | held with CCLA. | |||
| 8) | LIABILITIES Creditors: Amounts |
falling due within one year | 2021f | 2020f | |
| Taxation and social security | 390 | ||||
| Accruals | 1,800 | 1,740 | |||
| Other creditors | 2,253 | 4,344 | |||
| 4,053 | 6,474 |
| STAFF COSTS AND NUMBERS | 2021 f. |
2020f |
|---|---|---|
| Staff costs analysed: | ||
| Salaries | 58,777 | 49,536 |
| Social security costs | 268 | 322 |
| Pension contributions | 1,130 | 350 |
| 60,175 | 50,208 |
| 2021 | 2020 |
|---|---|
| 4 | 3 |
| RECONCILIATION OF |
FUNDS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| 5 | f | ||
| At 1 April 2020 | 664,987 | 867,165 | |
| Net movement in funds |
in year | 69,723 | (202,178) |
| At 31 March 2021 | 734,710 | 664,987 | |
| Represented by: |
708,093 | 633,634 | |
| Fixed assets | |||
| Current assets | 30,670 | 43,933 | |
| Current liabilities |
(4,053) | (12,480) | |
| 734,845 | 664,987 |