| Legal and administrative | details | |
|---|---|---|
| Report ofthe Council of Management | ||
| Independent Auditor's |
Report | 7-9 |
| Statement of Financial |
Activities | 10 |
| Balance Sheet | ||
| Notes to the Financial Statements | 12—20 |
| financial s | tatements for the year ended 31 December 2020. |
tatements for the year ended 31 December 2020. |
||||
|---|---|---|---|---|---|---|
| Reference | and administrative details, its trustees and advisers |
|||||
| Charity number. | 254704 | |||||
| Company | number. | 00924311 | ||||
| Registered | office: | Friends House, 173Euston Road, London | NW1 2BJ | |||
| Clerk: | Mary Hammond (to November 2020) |
|||||
| Mark Bitel (from November 2020) | ||||||
| Treasurer: | Malcolm Bowker (to April 2021) | |||||
| David Hickok (from April 2021) | ||||||
| Secretary: | Simon Phillips | |||||
| Bankers: | CAF Bank Ltd, 25 Kings Hill Avenue, |
Kings | Hill, West Mailing, | Kent ME194JQ | ||
| Solicitors: | Bates Wells, 10Queen Street Place, | London EC4R | 1BE | |||
| Holmes Mackillop, 109Douglas Street, Blythswood |
Square, Glasgow G2 4HB | |||||
| CMS, 78 Cannon St, London EC4N 6AF | ||||||
| Auditors: | Myrus Smith, Norman House, 8 Burnell Road, Sutton, Surrey |
SM1 4B |
| UNRESTRICTED FUNDS | UNRESTRICTED FUNDS | TOTAL | TOTAL | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Endowment | |||||
| Income and endowments | Notes | Fund f |
Funds | Funds f |
Funds f |
2020 f |
2019 f |
|
| from: | ||||||||
| Donations and legacies Charitable activities Investment income |
3a 3b 3c |
68,400 48,258 1,623 |
68,400 48,258 1,623 |
81,060 14,000 1,690 |
||||
| Total income | 118,281 | 'I18,281 | 96,750 | |||||
| Expenditure on: |
||||||||
| Raising funds Charitable activities |
4 5 |
375 70,869 |
101,932 | 62 | 375 172,863 |
7,440 177,302 |
||
| Total expenditure | 71,244 | 101,932 | 62 | 173.238 | 184,742 | |||
| Net gains/{tosses) on Investments |
(4,205) | (4,205) | 551 | |||||
| Net income/expenditure net movements in funds |
and | 47,037 | (101,932) | (4,267) | (59,162) | (87,441) | ||
| Transfer between funds |
13 | (38,013) | 38,013 | |||||
| Net movement in funds |
9,024 | (63,919) | (4,267) | (59,162) | (87,441) | |||
| Reconciliation offunds |
||||||||
| Total funds brought forward |
14,15,16 | 13,508 | 732,568 | 89,500 | 23,934 | 859,510 | 946,951 | |
| Total funds carried forward | 14,15,16 | f22,532 | f668,649 | f89,500 | f19,667 | f800,348 | f859,510 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | 6 | 8 | ||||
| Fixed Assets | ||||||
| Investments | 19,667 | 23,934 | ||||
| Current Assets | ||||||
| Debtors | 10 | 548,002 | 599,500 | |||
| Cash at bank and | on deposit | 237,949 | 241,082 | |||
| 785,951 | 840,582 | |||||
| Creditors: Amounts | falBng | |||||
| due within one year | 12 | 5,270 | ||||
| Net current assets | 780,681 | 835,576 | ||||
| Net assets | 17 | f800,348 | 9859,510 | |||
| Unrestricted funds |
||||||
| General | 14 | 22,532 | 13,508 | |||
| Designated | 14 | 668,649 | 732,568 | |||
| Restricted funds | 691,181 | 746,076 | ||||
| Audrey Deacon Legacy | 16 | 89,500 | 89,500 | |||
| Endowmentfunds | 15 | 19,667 | 23,934 | |||
| TOTALFUNDS | 8800,348 | 8859,510 |
| General | Designated | Restricted | TOTAL | TOTAL | ||||
|---|---|---|---|---|---|---|---|---|
| Fund | Funds | Fund | 2020 | 2019 | ||||
| 6 | 6 | |||||||
| a) | Donations | and legacies | ||||||
| Donation | and gifts | 17,663 | 17,663 | 41,230 | ||||
| Donated | services (note 8) | 50,737 | 50,737 | 34,322 | ||||
| Legacies | 5,508 | |||||||
| f68,400 | ANIL | FNIL | 668,400 | f81,060 |
| INC | OME AND E | NDOWMENTS | /contd. .. | ||||
|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | TOTAL | TOTAL | |||
| Fund | Funds | Fund | 2020 | 2019 | |||
| b) | Charitable | activities | 6 | 6 | 6 | 6 | |
| Grants returned | 44,658 | 44,658 | 10,000 | ||||
| Administration | |||||||
| charge on | loans | 3,600 | 3,600 | 4,000 | |||
| F48,258 | ENIL | ENIL | 648,258 | 614,000 |
| All ofthe 614 | ,000 recognise | d in 2019 related |
to the unrestr | icted general |
fund. | ||
|---|---|---|---|---|---|---|---|
| c) | investment | income | |||||
| Dividends | 905 | 905 | 971 | ||||
| Bank interest | 718 | 718 | 719 | ||||
| 61,623 | ANIL | ENIL | F1,623 | F1,690 |
| Activities | Grant | ||||||
|---|---|---|---|---|---|---|---|
| undertaken | funding | of | Support | TOTAL | TOTAL | ||
| directly | activities 6 |
costsf | 2020 6 |
2019 6 |
|||
| Publicity | costs | 6375 | ANIL | ENIL | 6375 | 67,440 |
| Activities | Grant | ||||||
|---|---|---|---|---|---|---|---|
| undertaken | funding | of | Support | TOTAL | TOTAL | ||
| directly 5 |
activities f |
costs 5 |
2020 6 |
2019 | |||
| Capital grants | 101,932 | 101,932 | 120,800 | ||||
| Working groups |
181 | 181 | 963 | ||||
| BYM support (note 8) | 50,737 | 50,737 | 34,322 | ||||
| Legal fees | 12,791 | 12,791 | 8,647 | ||||
| Bookkeeping | 1,440 | 1,440 | 1,428 | ||||
| Trustee travel | 283 | ||||||
| Secretariat expenses | 404 | 404 | 434 | ||||
| Subscriptions / fees |
1,464 | 1,464 | 892 | ||||
| Council of Management | 1,003 | 1,003 | 7,208 | ||||
| Governance costs (Note 6) |
2,220 | 2,220 | 2,192 | ||||
| Sundry expenses | 691 | 691 | 133 | ||||
| Total charitable | expenditure | 61,184 | 6101,932 | 569,747 | 2172,863 | 6177,302 |
| institutions) |
or loans. | or loans. | |||||
|---|---|---|---|---|---|---|---|
| Analysis of | capital grants | Designated | Restricted | Support | TOTAL | TOTAL | |
| fund F |
fund | costsf | 2020 5 |
2019 | |||
| South Ayrshire Women's | Aid | 50,000 | 50,000 | ||||
| City ofExeter YMCA | 17,732 | 17,732 | |||||
| SAHWR | 10,000 | 10,000 | |||||
| Swaithmoor | Area Quaker | Meeting | 9,200 | 9,200 | |||
| Street Connect | 15,000 | 15,000 | |||||
| Total 2019 | 120,800 | ||||||
| 6101,932 | ENIL | FNIL | 5101,932 | 5120,800 |
| 9. | FIXEDASSET INVES | TMENTS | ||
|---|---|---|---|---|
| 2020 f |
2019 | |||
| Market Value brought | forward | 23,934 | 23,447 | |
| Disposal in year (proceeds) |
(62) | (64) | ||
| Net unrealised (loss) / gain |
(4,194) | 551 | ||
| Net realised (loss) | (11) | |||
| Market Value carried | forward | f19,667 | f23,934 | |
| Investments at market |
value comprised: | |||
| UK Unit Trusts | f19,667 | f23,934 | ||
| Historical Cost | f10,908 | f10,937 | ||
| 10. | DEBTORS | |||
| Due within one year: | 2020f | 2019 | ||
| Loans to housing charities (Note 11) |
74,987 | 86,616 | ||
| Other Debtors | 2,667 | 1,133 | ||
| 77,654 | 87,749 | |||
| Due after one year: | ||||
| Loans to housing charities (Note 11) |
470,348 | 511,751 | ||
| f548,002 | 5599,500 |
| Balance | Balance | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Dwd d~ |
Note | 1Jan 2020 f |
Advanced In Year f |
Repaid In Year f |
31 Dec 2020f |
Repayable By |
||||
| General Loan Fund | ||||||||||
| AEOB House People | 14,000 | 2,000 | 12,000 | 2026 | ||||||
| Big Help Project | 25,000 | 25,000 | 2030 | |||||||
| Bridgenorth Housing Trust |
14,000 | 14,000 | 2026 | |||||||
| Calder Valley Community | Land | Trust | 4,000 | 200 | 3,800 | 2039 | ||||
| Canopy Housing Project |
4,900 | 2,450 | 2,450 | 2021 | ||||||
| Canopy Housing Project |
10,000 | 1,000 | 9,000 | 2029 | ||||||
| Central England AQM |
18,667 | 2,333 | 16,334 | 2027 | ||||||
| Cirencester Housing for Young |
People | 12,000 | 12,000 | 2025 | ||||||
| Coatham House |
1,550 | 1,550 | 2020 | |||||||
| Coatham House |
38,250 | 3,450 | 34,800 | 2032 | ||||||
| East Cleveland Youth Housing |
Trust | 15,000 | 1,500 | 13,500 | 2029 | |||||
| Emmaus Hastings tk Rothsr |
12,000 | 1,333 | 10,667 | 2033 | ||||||
| Gilead Foundations Charity |
12,000 | 3,000 | 9,000 | 2023 | ||||||
| Giroscope | 15,005 | 1,666 | 13,339 | 2028 | ||||||
| Handcrafted Projects |
32,500 | 2,750 | 29,750 | 2038 | ||||||
| I-larrogats FHA |
10,000 | 5,000 | 5,000 | 2021 | ||||||
| Harrogats FHA |
4,000 | 2,000 | 2,000 | 2021 | ||||||
| Helmsdals 8 District Development |
Trust | 14,000 | 1,000 | 13,000 | 2033 | |||||
| Hope into Action: Black Country | 8,333 | 1,000 | 7,333 | 2027 | ||||||
| Hope Into Action: East Anglia | 64,000 | 4,000 | 60,000 | 2035 | ||||||
| Jericho Foundation | 16,000 | 2,000 | 14,000 | 2027 | ||||||
| LA.T.C.H | 42,250 | 3,250 | 39,000 | 2032 | ||||||
| Manchester Settlement |
20,000 | 4,000 | 16,000 | 2024 | ||||||
| Mull and Iona Community | Trust | 14,700 | 2,100 | 12,600 | 2026 | |||||
| Norman Almhouses Charity |
22,500 | 2,500 | 20,000 | 2029 | ||||||
| Norfolk and Waveney AM |
7,500 | 2,500 | 5,000 | 2022 | ||||||
| Rsdditch FHA |
4,000 | 4,000 | 2021 | |||||||
| Redditch FHA |
8,700 | 8,700 | 2020 | |||||||
| SAHWR | 10,000 | 10,000 | 2031 | |||||||
| St Hilda's Almshouses Trust |
18,000 | 4,000 | 14,000 | 2027 | ||||||
| StVincent's 8 St George's |
Assoc | 4,800 | 3,200 | 1,600 | 2021 | |||||
| Street Connect | 18,000 | 2,000 | 16,000 | 2029 | ||||||
| Street Connect 2 | 15,000 | 15,000 | 2030 | |||||||
| Sussex Emmaus | 3,212 | 3,212 | 2021 | |||||||
| Wensleydale fk Swaledale |
Q Trust | 4,000 | 2,000 | 2,000 | 2021 | |||||
| Westdale QHA |
3,000 | 3,000 | 2021 | |||||||
| Whitby Area Development | Trust | 12,000 | 3,000 | 9,000 | 2021 | |||||
| YMCA Glsnrothes | 12,000 | 1,500 | 10,500 | 2027 | ||||||
| Restricted Fund |
||||||||||
| Audrey Deacon Legacy | ||||||||||
| Calder Valley Community | Land | Trust | 21,000 | 1,050 | 19,950 | 2039 | ||||
| Glendale Gateway Trust |
52,500 | 3,500 | 49,000 | 2024 | ||||||
| Powell and Welch Almshouse | Charity | 10,000 | 2,500 | 7,500 | 2023 | |||||
| Total Loans | f598,367 | f50,000 | f103,032 | f545,335 | ||||||
| Loans dus to be repaid within | one | year | 86,616 | 74,987 | ||||||
| Loans due to repaid after one | year | 511,751 | 470,348 | |||||||
| f598,367 | f545,335 |
| Designated | |||
|---|---|---|---|
| General | Grant and | Total | |
| Fund | Loan Fund | 2019 | |
| F | |||
| Balance at 1 January 2019 | 19,060 | 771,266 | 790,326 |
| Net income/(expenditure) | 32,872 | (77,122) | (44,250) |
| Transfer between funds |
(38,424) | 38,424 | |
| Balance at 31 December 2019 | 613,508 | F732,568 | F746,076 |
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Revaluation f |
Endowment f |
2020 | |||||
| Balance at 1 January 2020 | 12,997 | 10,937 | 23,934 | ||||
| Disposal | (33) | (29) | (62) | ||||
| Revaluation | during the year | (4,205) | (4,205) | ||||
| Balance at 31 December | 2020 | f8,759 | f10,908 | f19,667 | |||
| Comparative | information | for the analysis of endowment | funds | in the previous | year is as | follows: | |
| Total | |||||||
| Revaluation | Endowment F |
2019 f |
|||||
| Balance at 1 January 2019 | 12,400 | 11,047 | 23,447 | ||||
| Disposal | (46) | (110) | (64) | ||||
| Revaluation | during the year | 551 | 551 | ||||
| Balance at 31 December | 2019 | f12,997 | F10,937 | f23,934 |
| RESTRICTED FUNDS | ||
|---|---|---|
| Total | Total | |
| 2020f | 2019 | |
| Balance at 1 January 2020 | 89,500 | 133,178 |
| Expenditure | (43,678) | |
| Balance at 31 December 2020 | f89,500 | f89,500 |
| ANALYSIS | OF NET ASSETS B | YFUNDS | |||
|---|---|---|---|---|---|
| Other Net | |||||
| 2020 | Investments | Loans f |
Assets f |
Total f |
|
| Unrestricted | Funds: | ||||
| General | Fund | 22,532 | 22,532 | ||
| Designated Funds |
468,885 | 199,764 | 668,649 | ||
| Restricted | Funds | ||||
| Audrey Deacon Legacy | 76,450 | 13,050 | 89,500 | ||
| Endowment | Funds | 19,667 | 19,667 | ||
| At 31 December 2020 | f19,667 | f545,335 | f235,346 | F800,348 |
| Other Net | |||||
|---|---|---|---|---|---|
| 2019 | Investments | Loans | Assets | Total | |
| 6 | 6 | F | 6 | ||
| Unrestricted | Funds; | ||||
| General | Fund | 13,508 | 13,508 | ||
| Designated Funds |
514,467 | 218,101 | 732,568 | ||
| Restricted | Funds | ||||
| Audrey Deacon Legacy | 83,500 | 6,000 | 89,500 | ||
| Endowment | Funds | 23,934 | 23,934 | ||
| At 31 December 2019 | 623,934 | 6597,967 | 6237,609 | F859,510 |
| the Council ofManage | men | t but h |
ave not be | en paid or accru | ed for in the Fi | nancial Statem | ents. |
|---|---|---|---|---|---|---|---|
| Loans 8 |
Grants f |
2020 f |
2019 | ||||
| Arisaig Community Trust |
20,000 | 20,000 | |||||
| Assist Sheffield | 6,000 | 6,000 | |||||
| Big Help Project | 35,000 | ||||||
| City of Exeter YMCA | 20,000 | ||||||
| Ella's Home | 8,000 | 8,000 | |||||
| Handcrafted Projects |
5,000 | 5,000 | |||||
| Rural Urban Synthesis | Society | 4,100 | 4,100 | ||||
| South Ayrshire Woman's | Aid | 50,000 | |||||
| Staffin Community Trust |
20,000 | 20,000 | |||||
| Strathglass and Affric |
Community | Group | 10,000 | 10,000 | |||
| fNIL | 673,100 | 673,100 | 6105,000 |