| Page | ||
|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | |
| Trustees' report |
2-8 | |
| Independent examiner's report |
9-10 | |
| Statement offinancial activities | ||
| Balance sheet | 12 | |
| Notes to the financial statements | 13-26 |
| Trustees | H McAlpine, | H McAlpine, | Chairman | Chairman |
|---|---|---|---|---|
| Lord BonNick, Deputy Chairman | ||||
| E Moore | ||||
| L Rousseau | ||||
| BLamb | ||||
| Charity registered | ||||
| number | 226746 | |||
| Principal office | 15Great | College Street | ||
| London | ||||
| SW1P 3RX | ||||
| Accountants | Haslers | |||
| Chartered | Accountants | |||
| Old Station | Road | |||
| Loughton | ||||
| Essex | ||||
| IG104PL | ||||
| Bankers | Virgin Bank | PLC | ||
| Gresham | Street Branch | |||
| 154-158Kensington | High Street | |||
| London | ||||
| W8 7RL |
| Unrestricted | Designated | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2022 E |
2022f | 2022 | 2021 | |
| Income from: | |||||
| Donations and legacies |
35,089 | 35,089 | 35,945 | ||
| Other trading activities |
61,547 | 61,547 | 23,215 | ||
| Investments | 102,895 | 102,895 | 112,610 | ||
| Other income | 49,574 | 49,574 | 132,314 | ||
| Total income | 249,105 | 249,105 | 304,084 | ||
| Expenditure on: |
|||||
| Raising funds | 24,165 | 24,165 | 23,457 | ||
| Charitable activities |
482,422 | 482,422 | 457,696 | ||
| Total expenditure | 506,587 | 506,587 | 481,'l53 | ||
| Net expenditure before net gains on |
|||||
| investments | (257,482) | (257,482) | (177,069) | ||
| Net gains on investments | 99,078 | 99,078 | 541,021 | ||
| Net movement in funds |
(158,404) | (158,404) | 363,952 | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward |
2,762,777 | 150,000 | 2,912,777 | 2,548,825 | |
| Net movement in funds |
(158,404) | (158,404) | 363,952 | ||
| Total funds carried forward | 2,604,373 | 150,000 | 2,754,373 | 2,912,777 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | F | |||||||
| Fixed assets | ||||||||
| Tangible assets | 44,968 | 37,549 | ||||||
| Investments | 2,671,637 | 2,742,910 | ||||||
| 2,716,605 | 2,780,459 | |||||||
| Current assets | ||||||||
| Debtors | 38,779 | 22,108 | ||||||
| Cash at bank and | in | hand | 27,923 | 118,819 | ||||
| 66,702 | 140,927 | |||||||
| Creditors: amounts | falling due within one | |||||||
| year | 14 | (28,934) | (8,609) | |||||
| Net current assets | 37,768 | 132,318 | ||||||
| Total assets less | current liabilities | 2,754,373 | 2,912,777 | |||||
| Net assets excluding | pension asset | 2,754,373 | 2,912,777 | |||||
| Total net assets | 2,754,373 | 2,912,777 | ||||||
| Charity funds | ||||||||
| Designated funds |
15 | 150,000 | 150,000 | |||||
| Unrestricted funds |
15 | 2,604,373 | 2,762,777 | |||||
| Total funds | 2,754,373 | 2,912,777 |
| Plant and machinery | 25% |
|---|---|
| Motor vehicles | 25% |
| Office equipment | 25% |
| Computer equipment |
25% |
| Unrestricted | TotaI | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022 F |
2021 | |
| Donations | 35,089 | 35,089 | 35,345 |
| Gifts in kind | 600 | ||
| 35,089 | 35,089 | 35,945 | |
| Total 2021 | 35,945 | 35,945 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| F | |||||
| Consultancy | fees | 61,547 | 61,547 | 23,215 | |
| Total 2021 | 23,215 | 23,215 | |||
| 5. | Investment | income |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022 f. |
2021 | |
| Income from listed investments | 102,882 | 102,882 | 112,554 |
| Interest income | 13 | 13 | 56 |
| 102,895 | 102,895 | 112,610 | |
| Total 2021 | 112,610 | 112,610 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Government | grants | 49,574 | 49,574 | 132,314 |
| Total 2021 | 132,314 | 132,314 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| F | |||||
| Investment | management | fees | 6,722 | 6,722 | 7,052 |
| Total 2021 | 7,052 | 7,052 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2022f | 2022 E |
2022 f. |
2021 | ||
| Charitable | activities | 421,330 | 61,091 | 482,421 | 457,695 |
| Total 2021 | 381,948 | 75,747 | 457,695 |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Staff costs | 338,003 | 340,115 | |
| Depreciation | 11,043 | '/2, 165 | |
| Fundraising | costs | 8,737 | 1,058 |
| Travel costs | 12,903 | 3,203 | |
| Consulting | costs | 50,644 | 25,407 |
| 421,330 | 381,948 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2021 | |||
| Telephone & |
internet | 2,046 | 1,767 | |
| Trustee reimbursements | 1,948 | |||
| Exchange rate (gains)/losses | (977) | 5,369 | ||
| Advertising | 777 | 2,095 | ||
| Accountancy | fees | 19,797 | '/6,430 | |
| Printing &stationery |
1,156 | 732 | ||
| General establishment | expenses | 1,361 | 887 | |
| Insurance | 2,588 | 5,465 | ||
| Legal &professional | 3,434 | 12,530 | ||
| Motor cos'ts | 7,004 | 2,678 | ||
| Computer costs | 3,409 | 6,881 | ||
| Rent | 6,759 | 13,952 | ||
| Repairs & maintenance | 2,863 | 112 | ||
| Subscriptions | 4,080 | 1,496 | ||
| Donations | 1,000 | 5,000 | ||
| Staff training | 3,804 | 353 | ||
| Bank fees | 42 | |||
| 61,091 | 75,747 |
| Staff costs | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and | salaries | 258,901 | 258,574 | |
| Social security costs | 25,123 | 27,375 | ||
| Contribution | to defined contribution | pension schemes | 53,979 | 54, '/65 |
| 338,003 | 340,114 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| Plant and | Motor | Office | Computer | ||
|---|---|---|---|---|---|
| machinery | vehicles | equipment | equipment | Total | |
| f: | F | E | |||
| Cost or valuation | |||||
| At 1 April 2021 | 57,209 | 63,366 | 1,134 | 121,709 | |
| Additions | 109 | 1,346 | 17,008 | 1&,463 | |
| At 31 March 2022 | 109 | 57,209 | 64,712 | 18,142 | 140,172 |
| Depreciation | |||||
| At 1 April 2021 | 37,116 | 46,98? | 58 | 84,161 | |
| Charge for the year | 5,023 | 4,200 | 1,815 | 11,043 | |
| At 31 March 2022 | 42,139 | 51,187 | 1,873 | 95,204 | |
| Net book value | |||||
| At 31 March 2022 | 104 | 15,070 | 13,525 | 16,269 | 44,968 |
| Af31March 2021 | 20,093 | 16,379 | 1,077 | 37,549 |
| Listed | Unlisted | ||
|---|---|---|---|
| investments f |
investments f |
Totalf | |
| Cost or valuation | |||
| At 1 April 2021 | 2,679,030 | 50,000 | 2,729,030 |
| Additions | 189,093 | 189,093 | |
| Disposals | (302,638) | (302,638) | |
| Revaluations | 105,317 | (49,165) | 56,152 |
| At 31 March 2022 | 2,670,802 | 835 | 2,671,637 |
| Net book value | |||
| At 31 March 2022 | 2,670,802 | 835 | 2,671,637 |
| At 31 March 2021 | 2,679,030 | 50,000 | 2,729,030 |
| 2022 | 2021 | ||
|---|---|---|---|
| Due within one year | |||
| Trade debtors | 26,950 | 4,647 | |
| Other debtors | 2,091 | ||
| Prepayments | and accrued income | 11,829 | 15,370 |
| 38,779 | 22,108 |
| 2022 | 2021 | ||
|---|---|---|---|
| Trade creditors | 24,393 | 5,957 | |
| Other creditors | 2,274 | 372 | |
| Accruals and deferred | income | 2,267 | 2,280 |
| 28,934 | 8,609 |
| Statemen | t | offunds - curre | nt year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Gains/ | 31 March | |||||
| April 2021 | Income | Expenditure | (Losses) | 2022 | |||
| K | F | E | |||||
| Unrestricted | funds | ||||||
| General | Fund | 2,762,777 | 249,105 | (506,587) | 99,078 | 2„604,373 | |
| Designated | funds | ||||||
| Employment | Continuity | 150,000 | 150,000 | ||||
| Total of | funds | 2,912„777 | 249,105 | (506,587) | 99,078 | 2,754,373 |
| Summary |
offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Gains/ | 31 March | ||||
| April 2021 | Income | Expenditure | (Losses) | 2022 | ||
| E | ||||||
| General funds | 2,762,777 | 249,105 | (506,587) | 99,07& | 2,604,373 | |
| Designated | funds | 150,000 | 150,000 | |||
| 2,912,777 | 249,105 | (506,587) | 99,078 | 2,754,373 |
| Analysis of net assets between funds - cur | rent year | ||
|---|---|---|---|
| Unrestricted | Designatedf | Total | |
| funds | unds | funds | |
| 2022 | 2022 | 2022 | |
| F | E | ||
| Tangible fixed assets | 44,968 | 44,968 | |
| Fixed asset investments | 2,671,637 | 2,671,637 | |
| Current assets | (83,298) | 150,000 | 66,702 |
| Creditors due within one year | (28,934) | (28,934) | |
| Total | 2,604,373 | 150,000 | 2,754,373 |
| Analysis ofnet assets between funds - prio | r year | ||
|---|---|---|---|
| Unrestricted | Designated | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| Tangible fixed assets | 37,549 | 37,549 | |
| Fixed asset investments | 2,742,910 | 2,742,910 | |
| Current assets | (9,073) | 150,000 | '/40, 927 |
| Creditors due within one year | (8,609) | (8,609) | |
| 2,762,777 | 150,000 | 2,912,777 |