##
|||||
|---|---|---|---|
|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)|
##