2021-03-31-accounts

Trustees		Mr C Hutchinson
		Mrs H Smith
		Mr K Duncan-Morris
		Ms TCzerniawskyi
		MrTTasker
Charity number		225455
Company	number	00086844
Principal address		341 Queenstown	Road
		Battersea
		London
		SW8 4LH
Registered	office	341 Queenstown	Road
		Battersea
		London
		SW8 4LH
Auditors		MCT Partnership	LLP
		Chartered Accountants
		Statutory Auditors
		1 Warner House
		Harrovian Business Village
		Bessborough Road
		Harmw Middlesex
		HA1 3EX
Bankers		The Royal Bank ofScotland
		London Belgravia	Branch
		24 Grosvenor Place
		London
		SW1XTHP

		Page
Trustees' report		1-3
Statement oftrustees'	responsibilities
Independent auditoVs	report	5-8
Statement offinancial	activities
Balance sheet		10
Statement ofcash flows
Notes to the financial	statements	12-21

						UnrestrictedUnmstricted	UnrestrictedUnmstricted	Total	Total
						funds	funds	2021	2020
						general	designated
					Notes	8	8
Income and en	owments	from:
Donations, legacies and grants					3	122,264		122,264	174,470
Charitable activities					4	27,901		27,901	102,615
Investments					5	2,981		2,981	404,063
Other income					6	38		38	72
Total income and endowments						153,184		153,184	681,220
EZg~ni rg on: Raising funds					7	19,584		19,584	110,574
~hari attigggibtii)ess
Core activities					8	244,621		244,621	360,286
Total charitable	expenditure					244,621		244,621	360,286
Other costs					12				20
Total resources expended						264,205		264,205	470,880
Net movement	on revaluing		investments	at fair
value					13	(150)		(150)	1,080
Net movement	in funds					(110,871)		(110,871)	209,260
Fund balances	at 1April 2020					1,303,926	7,009,123	8,313,049	8,103,789
Fund balances	at 31 Igsrch		2021			1,193,055	7,009,123	8,202, 178	8,313,049

					2021
			Notes
Fixed assess
Tangible asssis			15		2,606,241		2,648,547
Investments			16		2,389		2,239
					2,608,630		2,650,786
Cunsnt asssln
Stack			17	1,558		1,558
Detdora			18	11,553		8,001
Invesknents			19	5,105,205		5,105,205
Cash at bank and in		hend		524,027		594,081
				5,642,343		5,708,845
Creditors: amounts		raging due within	20
one year				(48,795)		(46,582)
Nst cunsnt	annals				5,593,548		5,662,263
Total assam less current liabilities					8,202,178		8,313,049
Incomefunds
Unrestricted	funds -	designated	21		7,009,123		7,009,123
Unrestrided	funds -	general			1,193,055		1,303,926
					8,202,178		8,313,049

					2021		2020
			Notes
Cash flows from operating	activities
Cash absorbed by operations			27	(73,035)		(129,073)
Corporation lax paid						(634,101)
Net cash oufflow from operating		activities			(73,035)		(763,174)
Investing activities
Purchase oftangible fixed assets						(1,005)
Investment income received				2,981		407,338
Net cash generated from investing
activities					2,981		406,333
Net cash used in financing	activities
Net decrease in cash and	cash	equivalents			(70,054)		(356,841)
Cash and cash equivalents	at beginning		ofyear		594,081		950,922
Cash and cash equivalents	at end of		year		524,027		594,081

				Activities	Commercial	Private	Total	Total
				including	and	sittings with		2020
				workshops and	fundraising	mediums
				demonstrations
					6	8
Incoming	resources	within	charitable
activities				15,899		12,002	27,901	102,615

		Unrestricted Unrestricted		Total	Total
		funds funds		2021	2020
		general designated 6	f	6
Income	from listed investments	80		80	177
Interest	receivable	2,901		2,901	403,886
		2,981		2,981	404,063

Other in	co	me
					Unrestricted	Unrestricted
					funds	funds
					general	general
					2021	2020
					6	f
Royalties					38	72
Raising	funds
					Unrestricted	Unrestricted
					funds	funds
					general	general
					2021	2020
					6	f
Fundra	n	an	ublici	costs
Staging fundraising			events		717	19,816
Dirgct e~en es
Mediums'	fees and other			related costs	18,867	90,758
					19,584	110,574

			2021	2020
Staffcosh			102,102	112,445
Depreciation	and impairment		42,306	42,227
Donations paid to other charities			400	45
Rates			4,322	6,274
Insurance			5,194	4,878
Repairs and	maintenance		5,675	47,613
Postage and	stationery		1,433	1,026
Telephone			3,081	2,666
Computer and website expenses			2,915	3,270
Sundry expenses			97	206
Bank charges			3,007	3,237
Corporation	tax and	interest		38,017
			170,532	261,904
Share ofgovernance		coals (see note 9)	74,089	98,382
			244,621	360,286

Support	costs
		SupportGovernance		2021	2020	Basis ofal
		costs	costs
		6	6
Audit fees			13,500	13,500	13,500	Governance
Legal and	professional		60,589	60,589	84,882	Govemanoe
			74,089	74,089	98,382
Analysed	between
Charitable	activities		74,089	74,089	98,382

		2021	2020
		Number	Number
Administration	and Management
Employment	costs	2021	2020
		6	6
Wages and salaries		100,329	111,522
Other pension	costs	1,773	923
		102,102	112,445

Tangible fix	ed asset	s
			Freehold	Library	Fixtures,	Computer	Total
			property		fittings and	equipment
					equipment
				6	8
Cost
At 1 April 2020			2,661,384	2,505	59,987	4,104	2,727,980
At 31 March	2021		2,661,384	2,505	59,987	4,104	2,727,980
Depreciation	and impairment
At 1 April 2020			62,085	2,505	13,777	1,066	79,433
Depreciation	charged	in the year	35,486		5,999	821	42,306
At 31 March	2021		97,571	2,505	19,776	1,887	121,739
Carrying amount
At 31 March	2021		2,563,813		40,211	2,217	2,606,241
At 31 March	2020		2,599,299		46,210	3,038	2,648,547

Fixed as	set investments
		Listed
		investments
		8
Cost or	valuation
At 1 April	2020	2,239
Valuation	changes	150
At 31 March 2021		2,389
Carrying	amount
At 31 March 2021		2,389
At 31 March 2020		2,239

2021	2020
6	8
1,558	1,558

18	Debtors
				2021	2020
	Amounts	falling due	within one year:	8
	Prepayments and accrued income			11,553	8,001
19	Curmnt	asset investments
				2021	2020
				8	8
	Unlisted	investment		5,105,205	5,105,205
20	Creditom: amounts		falling due within one year
				2021	2020
				8
	Other taxation and social security			6,423	3,707
	Trade creditors			11,399	27,407
	Other creditors				1,281
	Accruals			30,973	14,187
				48,795	48,582

			Movement	in funds
		Balance at 1	Incoming	Resources	Balance at 31
		April 2020	resources	expended	March 2021
			8		8
Future investment		7,009,123			7,009,123
Analysis ofnet assets between	funds
		Unrestricted		Designated	Total
			funds	funds
			8	8
Fund balances at 31 March 2021	are represented	by:
Tangible assets			2,606,241		2,606,241
Investments			2,239		2,239
Current assets/(liabilities)			(1,415,575)	7,009,123	5,593,548
			1,192,905	7,009,123	8,202,028

27	Cash generated from operations	Cash generated from operations			2021	2020
					8	8
	(Deficit)/surpus for the year				(110,871)	209,260
	Adjustments for:
	Investment inoome	recognised in statement	offinancial	activities	(2,981)	(404,063)
	Taxation charge					38,017
	Fair value (gain)/loss	on investments			(150)	1,080
	Depreciation snd impairment oftangible fixed assets				42,306	42,227
	Movements in working capital:
	Increase in stock					(155)
	(Increase)/decrease	in debtors			(3,552)	28,312
	Increase/(decrease)	in creditors			2,213	(44,751)
	Cash absorbed by	operations			(73,035)	(129,073)