# 

## 



## 

## 

|||Page|
|---|---|---|
|Reference and administrative<br>details ofthe Charity, its Trustees and advisers|||
|Trustees' report||2-8|
|Independent<br>examiner's<br>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<br>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<br>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<br>on;|||||||
|Raising funds|||23,457||23,457|6,846|
|Charitable<br>activiTies|||457,696||467,696|555,979|
|Total expenditure|||461,153||481,153|564,825|
|Net expenditure<br>before net|||||||
|gains/(losses)<br>on|investments||(177,069)||(177,069)|(230,851)|
|Net gains/(hsses)|on investments||641,021||641,021|(396,944)|
|Net movement<br>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<br>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<br>funds||||16|150,000||150,000|
|Unrestricted<br>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<br>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<br>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<br>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<br>&|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<br>6|equipment<br>5|equipment<br>6|Total<br>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)<br>f|2021<br>f|
|Unrestricted|funds||||||
|General<br>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<br>cl personnel<br>from|||
|academia|(wheie tenure of employment|||hss been|normal),|by|showing<br>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|





## 

## 

## 


## 

## 

##