| Page | ||
|---|---|---|
| Reference and administrative details ofthe Charity, its Trustees and advisers |
||
| Trustees' report | 2-8 | |
| Independent examiner's report |
9-10 | |
| Statement offmenrial | acfivities | |
| Balance sheet | 12 | |
| Notes to the financial | statements | 13-26 |
| Trustees | H McAlpine, | Chairman | Chairman |
|---|---|---|---|
| Lord Borwick, Deputy Chairman | |||
| EMoore | |||
| LRousseau | |||
| BLamb (appointed | 1 March 2021) | ||
| Charity registered | |||
| number | 226746 | ||
| Principal office | 15Great College Street | ||
| London | |||
| SW1P3RX | |||
| Accountants | Haslers | ||
| Chartered Accountants | |||
| Old ~tion | Road | ||
| Loughton | |||
| Essex | |||
| IG104PL | |||
| Bankers | Clydesdale | Bank PLC | |
| Gresham Street Branch |
|||
| 154-158Kensington | High Kraut | ||
| London | |||
| W8 7RL |
| Unrestricted | Designated | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Note | 5 | 6 | ||||
| Income from: | ||||||
| Dona6ons and legacies | 35,945 | 35,945 | 160,739 | |||
| Charitable activities |
3,131 | |||||
| Other trading activities | 23,216 | 23,215 | 50,777 | |||
| Investments | 112,610 | 112,610 | 109,327 | |||
| Other income | 132,314 | 132,314 | ||||
| Total income | 304,084 | 304,084 | 333,974 | |||
| Expenditure on; |
||||||
| Raising funds | 23,457 | 23,457 | 6,846 | |||
| Charitable activiTies |
457,696 | 467,696 | 555,979 | |||
| Total expenditure | 461,153 | 481,153 | 564,825 | |||
| Net expenditure before net |
||||||
| gains/(losses) on |
investments | (177,069) | (177,069) | (230,851) | ||
| Net gains/(hsses) | on investments | 641,021 | 641,021 | (396,944) | ||
| Net movement in |
funds | 363,952 | 363,952 | (629,795) | ||
| Reconciliation of | funds: | |||||
| Total funds brought | forward | 2,398,825 | 160,000 | 2,548,825 | 3,178,620 | |
| Nst movement in funds |
363,962 | 363,952 | (629,795) | |||
| Total funds carried forward | 2,762,777 | 'I50,000 | 2,912)777 | 2548,625 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 37,549 | 48,210 | ||||
| Investments | 13 | 2,742,910 | 2,290,351 | ||||
| 2,780,469 | 2,338,561 | ||||||
| Current assets | |||||||
| Debtors | 14 | 22,108 | 55,902 | ||||
| Cash at bank and in hand | 118,819 | 204,181 | |||||
| 140,92'7 | 260,083 | ||||||
| Creditors: amounts | falling | due within one | |||||
| yeal' | (8,609) | (49,819) | |||||
| Net current assets | 132,319 | 210,254 | |||||
| Total assets less current | liabilities | 2,912,777 | 2548,825 | ||||
| Net assets excluding | pension asset | 2,912,777 | 2,548,825 | ||||
| Total net assets | 2,912,777 | 2,548,825 | |||||
| Charity funds | |||||||
| Designated funds |
16 | 150,000 | 150,000 | ||||
| Unrestricted funds |
16 | 2,762,777 | 2,398,825 | ||||
| Total funds | 2,912,777 | 2548,825 | |||||
| The financial statements | were approved | and authorised | for issue by the Trustees | on 18 November | 2021 and | ||
| signed on their behalf | b |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 2 |
2021 | 2020f | |
| Donations | 35,345 | 35,345 | 160,139 |
| Gifts in kind | 600 | 600 | |
| 35,945 | 35,945 | 160,739 | |
| Total 2020 | 160,739 | 160,739 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021f | 2021f | 2020f | ||
| Income from charitable | activities - Courses | 1,140 | ||
| Income from charitable | activities - GLADE membership | 1,99'/ | ||
| 3,131 | ||||
| Tots/2020 | 3,131 | 3,131 |
| S. | Incoine from | other trading | other trading | activities | |||
|---|---|---|---|---|---|---|---|
| Income from | fundraising | events | |||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2021 | 2021 | 2020 | |||||
| 6 | 6 | 6 | |||||
| Consultancy | fees | 23,215 | 23,216 | 60,777 | |||
| Total 2020 | 80,777 | 60,777 | |||||
| 6, | Investment | income | |||||
| Unrestdcted | Total | Total | |||||
| funds | funds | funds | |||||
| 2021 | 2021 | 2020 | |||||
| 6 | |||||||
| Income from | listed investments | 112,553 | 112,6S3 | 109,141 | |||
| Interest income | 57 | 67 | 188 | ||||
| 112,610 | 112,610 | 109,327 | |||||
| Total 2020 | 109,327 | 109,327 | |||||
| 7. | Other incoming | resources | |||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2021 | 2021 | 2020 | |||||
| 6 | 6 | 6 | |||||
| Government | grants | 132,314 | 132,314 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 f. |
2021f | 2020f | |||
| Investment | management | fees | 7,052 | 7,052 | 8846 |
| Total 2020 | 6,646 | 8,846 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2021 K |
2021f | 2021f | 2020 | ||
| Charitable | activities | 381,949 | 75,746 | 467,696 | 554,882 |
| GLADE membership | 1,096 | ||||
| Total 2021 | 381,949 | 75.746 | 457,696 | 555,978 | |
| Total 2020 | 488,820 | 67,158 | 555978 |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021f | 2020f | ||
| Staffcosts | 340,115 | 394,443 | |
| Depreciation | 12,166 | 15,798 | |
| Fundraising | costs | 1,058 | 3,962 |
| Travel costs | 3,204 | 50,126 | |
| Consulting | costs | 25WT | 24,491 |
| 381,949 | 488,820 |
| Total | Total | |||
|---|---|---|---|---|
| funda | funds | |||
| 2021 | 2020 | |||
| 6 | ||||
| Telephone | &internet | 1,767 | 766 | |
| Trustee reimbursements | 6,319 | |||
| Exchange | rate (gains)/losses | 5,369 | (409) | |
| Advertising | 2,095 | 6,825 | ||
| Audit fees | 396 | |||
| Accountancy fees | 16rLQ | 20,590 | ||
| Printing & |
stationery | 732 | 2,214 | |
| General establishment | expenses | 886 | 469 | |
| Insurance | 5,465 | 2,198 | ||
| Legal &professional | 12,530 | 7,061 | ||
| Motor costs | 2,678 | 1,106 | ||
| Computer | costs | 6,881 | 1,346 | |
| Rent | 13,952 | 15,082 | ||
| Repairs & | maintenance | 112 | 144 | |
| Subscriptions | 1496 | 302 | ||
| Donations | 5,000 | |||
| Staff training | 353 | 2,759 | ||
| 75,746 | 67,158 |
| Motor | Office | Computer | ||
|---|---|---|---|---|
| vehicles 6 |
equipment 5 |
equipment 6 |
Total 6 |
|
| Cost orvaluation | ||||
| At 1 April 2020 | 57,209 | 62,997 | 120.206 | |
| AddiTions | 369 | 1,134 | 1,503 | |
| At 31 March 2021 | 57,209 | 63,366 | 1,134 | 121,709 |
| Depreciation | ||||
| At 1 Apriil 2020 | 30,418 | 41,578 | 71,996 | |
| Charge forthe year | 6,698 | 5,409 | 58 | 12,165 |
| At 31 March 2021 | 37,116 | 46,987 | 58 | 84,161 |
| Net book value | ||||
| At 31 March 2021 | 20,093 | 18,379 | 1,076 | 37,548 |
| At31fÃerctr 2020 | 26,191 | 21,419 | 48,210 |
| Listed | Unlisted | ||
|---|---|---|---|
| investments | investments | Total | |
| F | 5 | 5 | |
| Cost orvaluation | |||
| At 1 April 2020 | 2,240,351 | 50,00D | 2,290,351 |
| Additions | 49,716 | 49,716 | |
| Disposals | (53.423) | (53/23) | |
| Revaluations | 486465 | 456,266 | |
| At 31 March 2021 | 2,692,910 | 5D,OOD | 2,742,910 |
| Net book value | |||
| At 31 March 2021 | 2,692,910 | 50,000 | 2,742,910 |
| Ai31Irlardt 2020 | 2,240.351 | 50,000 | 2,290,351 |
| 2021 | 2020 | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 4,647 | 14,416 | |
| Other debtors | 2,092 | ||
| Prepayments | and accrued income | 15,369 | 41,486 |
| 22,1DS | 55,902 |
| 2021f | 2020f | ||
|---|---|---|---|
| Trade creditors | 5,957 | 12,055 | |
| Other taxation and social security | 8,157 | ||
| Pension fund loan payabie | 7,T71 | ||
| Other creditors | 372 | 17,970 | |
| Accruals and deferred | income | 2,280 | 3,866 |
| 6,609 | 49,819 |
| ~tement o | ffunds - curre | nt year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Gainsl | 31 March | ||||
| April 2020f | Income | Expenditure | (Losses) f |
2021 f |
||
| Unrestricted | funds | |||||
| General Fund |
2,398,825 | 304,084 | (481,153) | 541,021 | 2,762,777 | |
| Designated | funds | |||||
| Employment | Continuity | 150,000 | 150,000 | |||
| Total offunds | 2,548,825 | 304,084 | (481,153) | 541,021 | 2,912,777 |
| Summary | offu | nds - current ye | ar | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | |||||||||
| Balance at 1 | Gains/ | 31March | |||||||
| April | 2020 | Income | Expenditure | (Lowres) | 2021 | ||||
| 6 | 5 | ||||||||
| General funds | 2,398,825 | 304,084 | (461,153) | 541,021 | 2,762,777 | ||||
| Restdcted | funds | 150,000 | 150,000 | ||||||
| 2,548,825 | 304,084 | (481,153) | 541,021 | 2,912,777 | |||||
| The designated | fund, the Employment | Continuity | Fund, is to | faciliate the recruitment cl personnel from |
|||||
| academia | (wheie tenure of employment | hss been | normal), | by | showing evidence that funds |
are available | |||
| to cover future salaries to some | extent. | ||||||||
| Analysis | ofnet | assets between | funds | ||||||
| Analysis | ofnet | assets between | funds | - current | year | ||||
| Unrestricted | Designated | Total | |||||||
| funds | funds | funds | |||||||
| 2021 | 2021 | 2021 | |||||||
| 6 | |||||||||
| Tangible | fixed assets | 37,549 | 37W9 | ||||||
| Fixed asset investments | 2,742,910 | 2,742,910 | |||||||
| Current assets | (9,073) | 150,000 | 140,927 | ||||||
| Creditors | due within one year | (8,609) | (SI609) | ||||||
| Total | 2,762,777 | 150,000 | 2,912,777 |