OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Legal and Administrative
Information
Legal and Administrative
Information
Report ofThe Trustees 3-8
Report ofthe Auditors
Statement ofFinancial Actimtes 12
Statement ofFinancial Position 13
Statement ofCash Flows 14
Notes to the Statement ofCash Flows 15
Notes to the Financial Statements 16-20
Appendix
1 - Charities
Supported 21

for the year ended 31December 202 for the year ended 31December 202
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number 0264728
Principal address c/o Reed Onlme
Dragon Court
27-29 Macklin Street
London
WC2B SLX
Trustees: SirAlee Reed CBEFCMA
1A Reed MA MBA FCIPD
RA Reed LLBMA
A M Chapman
MA M.Phil
Auditors: Kingscott Dix Limited
Goodridge
Court
Goodridge
Avenue
Gloucester
GL2 5EN
Bankers: Coutts &Co
440 Strand
London
WC2R OQS
Legal Advisers: Freeths LLP
5000Oxford Business Park South
Oxford
OX42BH

31.12.20 31.12.19
Notes Unrestricted funds Unrestricted funds
Income and Endowments From
Donations
and legacies
827,657 2,675,366
Investment
income
99,965 260,781
Total 927,622 2,936,147
Expenditure
on
Charitable
activities
Charitable
donations
(1,292,172) (1,203,768)
Management
k. administration
(30,712) (18,008)
Total (1,322,884) (1,221,777)
Net gains/(losses)
on investments
533,872 62,982
Net Income/(Expenditure) 138,610 1,777,352
Reconciliation ofFunds
Total funds brought forward 19,548,383 17,771,030
Fund balances at end ofyear 19,686,993 19,548,383
CONTINUING
OPERATIONS
All income and expenditure has arisen Rom continuing activities.

At 31De cember 2020
31.12.20 31.12.19
Notes Unrestricted
funds
I
Unrestricted
8
funds
Taagible Fixed Assets 1,863
Investments
Investments 10,128,087 10,128,087
Investment property 8,437,41 I 7,078,539
18,565,498 17,206,626
Total Fixed Assets 18,565,498 17,208,489
Current
Assets
Short Term Investment 9 35,000
Debtors 10 57,481
Cash in hand 2,126,381 3,171,434
2,126,381 3,263,915
Creditors
Amount
falling due within one year
(1,004,887) (924,022)
Net Current Assets/(LiabiTittes) 1,121,494 2,339,893
Total Assets Less Current Liabilities 19,686,993 19,548,383
Net Assets 19,686,993 19,548,383
Funds 12 19,686,993 19,548,383
Unrestricted funds
19,686,993 19,548,383
Total Funds
The financial statements were approved by the Board ofTrustees on...............9/......(........ .....and were sigaed on its behalf by:

Forthe Year Ended 31De cember 2020
31.12.20 31.12.19
Notes
Cash Ilows from operating
activities:
Cash generated
from operations
(1,180,018) 704,982
Net cash provided
by (used in) operating
activities (1,180,018) 704,982
Cash ilows from investing
activities:
Dividends,
interest and rents fmm investments
99,965 260,781
Loans repaid 50,000
Purchase ofproperty,
plant &equipment
Purchase ofshort term investment (30,000) (35,000)
Redemption ofshort term investment 65,000 50,000
Purchase ofshares (3,000)
Net cash provided
by (used in) investing
activities 134,965 322,781
Change in cash and cash equivalents in the
reporting
period
(1,045,053) 1,027,763
Cash and cash equivalents
at the beginning
of
the reporting
period
3,171,434 2,143,671
Cash and cash equivalents
at the end
ofthe
reportiug
period
2,126,381 3,171,434

31.12.20 31.12.19
Net income/(expenditure) for the reporting period (as per the statement of
financial activities) 138,610 1,777,352
Adjustments
for:
Depreciation
charges
621 621
(Gains)/losses
on investments
and property revaluations (533,872) (62,982)
Dividends,
interest
and rents Rom investments (99,965) (260,781)
Loan converted to donation 50,000
increase)/decrease in debtors 57,481 (100,000)
(Decrease)/increase in creditors 80,865
Asset donated 1,242
Properly donation received (825,000) (855,000)
Net cash provided by (used in) operating activities (I,I80,018) 549,210
ANALYSIS OF CHANGES IN NET FUNDS
At IJanuary 2020 Cashllow At 31December 2020
Net cash
Cash at bmk 3,171,434 (1,045,053) 2,126,381

Unrestricted funds Unrestricted funds
31.12.20 31.12.19
I
Support costs
Office costs 24,939 13,115
Bank charges 1,272 1,194
26,212 14,308
Goverance costs
Audit 4,500 3,700
Total Support and governance costs 30,712 1$,00$
Tangible Fixed Assets
Cost
At I January 2020 3,105
Disposal by donation (3,105)
At 31Dcccmbcr 2020
Depreciation
At I Ianuary 2020 1,242
Charge for the year 621
Disposal by donation (1,863)
At 31 December 2020
Net BookValue
At 31December 2020
At 31 December 2019 1,863

31.12.20 31.12.19
f
Shares 8,574,960 8,574,960
Other 1,553,127 1,553,127
10,128,0t!7 10,128,087
Additionalinformation as follows:
Unlisted
investments
f,
Cost
At 1 January 2020 8,574,960
Additions
At 31 December 2020 8,574,960
Net BookValue
At 31 December 2020 8,574,960
At 31 December 2019 8,574,960
Investments (neither listed nor unlisted) were as follows:
31.12.20 31.12.19
f
Debentures 1,553,127 1,553,127
Redemption ofdebentures
1,553,127 1,553,127
Investment Property
Market Value
At I January 2020 7,078,539
Addition 825,000
Revaluation 533,872
At 31 December 2020 8,437,41I
Net BookValue
At 31 December 2020 8,437,411
At 31 December 2019 7,078,539

Debtors: Amounts
falling due within
one year
31.12.20 31.12.19
Accrued income 30,462
Other debtors 27,019
57,481

Creditors: Amounts
falling due within one year
31.12.20 31.12.19
I f,
Accruals 4,438 5,084
Deferred income 650
Other payables 999,799 918,937
Other creditors 1,004,887 924,022
Movement in Funds
At 1.1.20 Net movement in funds At 31.12.20
f
Unrestricted funds
General fund 19,548,383 138,610 19,686,993
Total Funds 19,548,383 138,610 19,686,993
Net movement in funds, included in the above are as follows:
Incoming resources Resources expended Movement in funds
f,
Unrestricted funds
General fund 1,461,494 (1,322,884) 138,610
Total Funds 1,461,494 (1,322,884) 138,610

31.12.20 31.12.19
f f
Income and Endowments
Donations
and legacies
Donauons 827,657 2,675,366
Investment
Income
Dividend aad investment Income 96,101 256,471
Deposit account interest 3,864 4,310
99,965 260,781
Totaliacoming
resources
927,622 2,936,147
Expenditure
Charitable
activities
Miscellaneous
Expenses
15,867 8,305
Deprematton 621 621
Suppher wute-off (1,250)
Accounmncy 2,500 2,500
Audit fees 4,500 3,700
Professional fees 8,474 2,882
Grants to institutions 1,292,172 1,203,768
1,322,884 1,221,777
Total resources expended 1,322,884 1,221,777
Net income (expenditure) (395,262) 1,714,370

Christmas Paid by Reed
Charity Challenge Total Foundation Other donations
174Trust/The
Duncairn
f52,608 F8,000
A Rocha International f34,040 F5,000
Aberdeen
Cyrenians
E17,235 E1,000
Academy ofSt Martin
in the
Fields E30,650 F5,000
Action For A-T E25,184 E3,750
Action Medical Research E67,706 E10,000
Actors Of Dionysus E6,903 E1,000
Advocate E15,230 E1,000
African French Speaking Community Support f5,325 E1,000
Age Nl E15,725 E1,500
Alex, The Leukodystrophy Charity E6,214 E1,000
Alexander
Whitley Dance
Company E5,000 F1,000
AMAT
Antibiotic Research
UK
F4,023
E19,803
f820
f3,000
Ape Action Africa E8,477 E1,250
Appeal
Ark Cancer Centre Charity
E14,053
f4,449
E1,250
E1,000
Arts At The Old Fire Station f13,499 62,000
Ataxia UK E76,635 E10,000
AzuKo f5,643 E1,300
Bampton Classical Opera E16,210 E2,000
Barnardo's f23,301 E5,200
Barnet Mencap E4,459 E1,000
Basingstoke
and North Hampshire
M edica I Trust Fund E17,154 E1,000
BeChild Cancer Aware E27,304 E1,805
Bell House Dulwich E9,353 F1,500
Birmingham
Hippodrome
Theatre Tru st Limited E27,089 F2,500
Birmingham
Royal Ballet
Bournemouth
Symphony
Orchestra F95,451
E36,607
E12,500
f5,500
Breast Cancer Haven E62,937 F4,582
British Liver Trust E35,991 E5,070
British Youth Opera E8,513 E1,250
Build IT International E43,395 E5,000
Bury Metropolitan
Arts Association
E6,126 F1,000
Butterfly Conservation E34,240 F5,000
Calibre Audio Library E7,968 F648
Cam Sight f13,079 E2,000
CARAS (Community
Action
For Refu gees And Asylum Seekers) F11,955 F1,250
CARE International
UK
E71,584 E10,000
Caritas Diocese Of Salford E4,393 E1,000
Carm E3,796 F705
Caspari
Foundation
E7,206 E813
Central School of Ballet E17,411 F2,500
Centre For Women's Justice E11,043 E1,250
Cerebra - For Brain Injured Children And Young People E4,755 f500
Chelmsford
Mencap
Cheltenham
Festivals
E5,635
f34,995
F1,000
F5,000
Chineke
Foundation
City Music Foundation
643,826
f23,061
F10,000
F3,000
Civil Liberties Trust F48,301 f5,000
Classics For All f120,380 E12,500
Coach Core Foundation
Comwall
Air Ambulance
Trust
f106,621
f82,626
E12,500
E12,500
Creative Kernow Limited E6,394 E1,000
Cribs International E5,842 F635
Cure EB E50,283 E7,500
Dash Arts E5,756 E1,000
DEBRA F25,753 F4,000
Developments
in Literacy
(DIL) True tUK E29,218 E2,500
Doctors OfThe World E17,595 F2,500
Dogs Trust
Donate4Refugees
E46,245
F32,728
E6,000
f3,750
Dorset Community
Foundation
F41,473 F6,250
Dreamf light f40,695 E5,200
Earth Trust
East Anglia's
Children's
Hospices (EA
Earth Trust
East Anglia's
Children's
Hospices (EA
Earth Trust
East Anglia's
Children's
Hospices (EA
Earth Trust
East Anglia's
Children's
Hospices (EA
Earth Trust
East Anglia's
Children's
Hospices (EA
CH) CH) E4,588
F38,047
E1,000
f5,500
Education Saves Lives E7,885 E1,250
English Touring Opera Limited E25,063 E3,750
English Touring Theatre f11,161 E1,250
Ensemble
Cymru
E28,671 E4,000
Family Holiday Association
Fiori Musicali
E21,843
E38,380
E2,500
f5,500
Firefly International E33,865 E3,750
Flute Theatre E9,661 E1,250
Forever Hounds Trust E21,419 E2,500
Friends Of Ibba Girls School outh Sudan
(FIGS),S
E86,346 F12,500
Friends ofthe Earth Charitable Trust f130,526 E25,000
Friends ofthe Royal Marsden
Full Fact E61,062 f9,000
Gabrieli Consort & Players E25,914 E3,500
Geraldine
Connor Foundation
E4,280 F1,000
Global Witness Trust E10,268 E1,500
Gloucestershire
Wildlife Trust
f62,316 E8,000
Good Shepherd
Services
E9,188 E1,250
Great Western
Air Ambulance
Charity E16,743 F2,500
Guideposts E4,788 F1,000
Haemophilia
Scotland
E2,946 f390
Hammersley
Homes Limited
f4,561 E1,000
Hampshire
and Isle of Wight
Headway Thames Valley
Air Ambo lance f17,154
E4,434
f1,818
f1,000
Health and Hope UK E9,753 E1,500
Helping
Rhinos
E16,849 E2,500
Hinksey Sculling School Ltd. E20,003 E2,500
Hollie Gazzard Trust E7,591 F1,396
Home-Start
Cambridgeshire
Hope Into Action UK
E7,056
f90,335
F850
E12,500
Indigo Volunteers E4,616 f500
International
Health Partners
E27,714 E2,875
International
Justice Mission
UK F145,073 F12,500
International
Refugee Trust (IRT)
Jacksons Lane
E7,974
E21,403
E1,250
f3,000
JDRF f133,462 F12,500
Jessie's Fund f17,775 E1,250
Joshua Orphan
and Community
Care f8,518 E1,250
Jubilee Debt Campaign E68,405 E10,000
JUMP Childrens
Charity
f6,633 E1,000
Junction
Arts Ltd
E3,388 f550
Katherine
House Hospice
Kent Multiple Sclerosis Therapy Centre Limited f5,565 E1,000
KidsOut E10,999 E1,250
Kith &Kids E16,756 E1,875
Lake District Foundation E15,434 E2,500
League Against Cruel Sports F15,779 E2,000
Leicester City Of Sanctuary E8,551 f750
Liberdade
Community
Development
T rust E16,822 E2,500
Liberty Choir UK E34,921 E2,500
Longfield E9,756 F1,250
Maclntyre 65,444 F1,000
Maggie's Centres f67,624 E11,028
MCC Foundation F55,676 E7,500
ME Association E27,645 E3,750
Michael House E24,259 E2,500
Milton Keynes Hospital
Charity
E14,944 f922
Milton's Cottage Trust (CIO) f20,439 E2,500
Momentum
Children's
Charity
E25,219 E2,750
Mysight York E4,229 F979
NEPACS
Network for Africa
E5,675
f23,114
E1,000
f2,500
New Adventures
Chadty
NICHS E8,758 E1,250
Noah's
Ark Charity
E56,371 F9,000
Northern
Ballet
E25,165 F2,500
Nottingham
And Nottinghamshire
Refugee Forum F13,410 F2,000
OHOB Ltd E2,789 F104
Open Arms Malawi E21,746 F2,500
Oracle Cancer Trust E19,270 F2,500
Orangutan
Foundation
E27,601 E3,750
Orchestra
ofSt John' s
E18,313 E2,500
Orion Symphony
Orchestra
E11,263 F2,500
Parenting
Special Children
E7,008 E813
Peace Direct F27,357 E3,695
Peak District National
Park
Foundation E5,471 E1,000
Performances
Birmingham
Limited E8,504 E1,250
Pestalozzi
International
Foundation
E8,703 E1,250
PONT F12,145 F1,750
Prisoners ofConscience Appeal Fund E44,089 E5,000
Project Harar E36,404 E5,000
Punchdrunk E20,774 F2,500
Queenscourt
Hospice
E17,478 F2,000
Rays of Sunshine
Children's
Charity F10,152 E1,250
Reach Charity
Limited
E5,065, F500
Rebuild East Midlands F11,536 F1,250
Rett UK E20,326 E2,500
Royal Brompton
& Harefield
Hospitals Charity E40,966 F6,000
Royal College of Music E133,231 F25,000
Royal Holloway
University
of London E110,681 F25,000 E15,000
Royal Papworth
Hospital
Charity E21,205 E4,000
RSPB E82,1 'I2 E12,500
RSPCA Central
& North East London
Branch E10,889 E1,500
Ruddi's Retreat E10,006 E1,000
Ruth Hayman
Trust
E12,957 E1,000
Safe Passage
International
E49,491 E5,000
San Beere Hospice F1,000
Sebastian's
Action Trust
E27,138 E3,000
Shakespeare
Schools Foundation
F66,568 F15,100
Simpsons Special Care Babies F5,486 E1,000
Somerset Community
Foundation
E34,463 E5,000
Somerset House E23,121 E4,000
Somerset Wildlife Trust E33,524 E4,500
Southbank
Sinfonia
633,750 E5,000
Space For Giants E29,201 E4,500
StJoseph's Hospice Association F16,363 E2,500
St Mary's Church food bank E10,000
StPeter &StJames Hospice E23,259 E2,500
Streetlnvest E13,583 E2,000
Sumatran
Orangutan
Society
E50,089 F7,500
Tall Ships Youth Trust E23,053 F3,000
Target Ovarian Cancer E23,133 F2,500
Tastelifeuk F22,145 E2,500
Temwa
UK
E33,426 E5,000
The 2874 Trust Limited F5,751 E1,000
The Archer Academy E11,300 E1,500
The Basingstoke and Alton Cardiac Rehabilitation Charity Limited E16,144 E2,500
The Big Give Trust - Christmas Challenge Awards E15,000
The Big Give Trust
—Covid-19 appeals
F196,635
The Big Give Trust - Other (including Guarantor funding) E111,952
The Brooke Hospital For Animals E46,778 E5,000
The Childhood
Trust
E25,000
The Circle E11,115 E2,200
The Diss Corn Hall Trust F.11,436 F2,500
The English Concert E33,064 E5,000
The Forever Friends Appeal E8,425 F1,250
The Golf Foundation E4,064 F630
The Gumboots
Foundation
(UK) E9,075 E1,250
The JMK Trust E4,459 E1,000
The Junction 42 Foundation E21,466 E3,750
The Labour Behind The Label Trust
The Little Angel Theatre
The Lullaby Trust
The Labour Behind The Label Trust
The Little Angel Theatre
The Lullaby Trust
E10,419
f9,439
E63,708
E1,000
E1,250
f7,500
The Manta Trust E4,316 E1,000
The Measham
Family Christian
Foundation E16,338 E2,500
The Michael Sobell Hospice Charity E20,044 E2,500
The Mindfulness
Initiative
The Mozartists
E8,905
E24,925
E1,250
f3,750
The National
Holocaust Centre
and Museum E22,955 E3,500
The Open University E49,467 f10,000
The Passage E307,411 F25,000
The Prince's Trust
The Royal Ballet School
f158,450
f53,248
E25,000
F6,250
The Royal Central School ofSpeech and Drama E54,313 F7,500
The Royal Naval Benevolent Society for Officers E16,518 E2,500
The Shakespeare
Hospice
The Wiener Holocaust
Library
f15,424
f33,515
F2,500
E5,000
Tommy's f111,214 E25,000
Transparency
International
(UK)
f13,851 F1,909
Twins Trust Ltd f11,281 F1,250
Tyneside
And Northumberland
Mind E16,301 E2,500
Virunga
Foundation
Vision Foundation
E79,328
f32,231
E12,520
E5,000
Watts Gallery Trust E57,858 E12,500
Wild Futures f9,778 E1,000
Wildlife Vets international E16,617 E2,500
Willow Foundation E19,104 F2,500
Women Without Roofs - Nepal
World Child Cancer UK
E6,760
E45,829
E1,000
f7,500
World Horse Welfare E20,627 E2,500
Worldwide
Veterinary
Service
F7,024 F1,000
Wycombe
Heritage
And Arts Trust
E4,625 E1,000
Young People's Puppet Theatre E24,075 E2,500
Totals E6,421,803 E1,012,633 f276,135
Total paid by Reed Foundation K1,288,768
Reconcilation
to Charitable
Donations
in Statement of Financial Activities:
Sponsorships f3,404
Total as per Statement ofFinancial Activities: E1,292,172