## ||||Page| |---|---|---|---| |Legal and administrative||information|| |Report ofthe|Trustees||| |Independent|auditors'|report|13-15| |Statement
of|financial|activities|1617| |Balance sheet|||1B| |Statement of|cashflows||19| |Notes to the accounts|||20-36| |Trustees:||Tim Eyles||(Chair)|| |---|---|---|---|---|---| |||Richard Baldwin|||| |||David Blyth||(retired 31|December 2020)| |||Pam Bone||(retired 31|December 2020)| |||Paul Cartwright|||| |||Patrick Dillon|||| |||Annie Hampson||(appointed|14September 2020)| |||David lan||(retired 30|June 2020)| |||Richard Johnston|||| |||Gary Kemp|||| |||Simon Ricketts||(retired 31|December 2020)| |||Jane Spiers||(appointed|14September 2020)| |||Truda Spruyt|||| |||Anna Stapleton||(retired 11|May 2020)| |||Katherine Town||(appointed|14September 2020)| |Director||Jon Morgan|||| |Charity number||274637|||| |Principal address||22 Charing Cross Road|||| |||London|||| |||WC2H OQL|||| |Auditors||Saffery Champness|LLP||| |||Chartered
Accountants|||| |||71Queen Victoria|Street||| |||London|||| |||EC4V 4BE|||| |Bankers||Coutts &Co|||| |||440 Strand|||| |||London|||| |||WC2R OQS|||| |Solicitors||Harbottle
& Lewis|LLP||| |||Hanover
House|||| |||14Hanover Square|||| |||London|||| |||W1R OBE|||| |Investment|advisors|JM Finn &Co|||| |||4Coleman Street|||| |||London
EC2R STA|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||p
0||O
to
O
to|W|VI
Ca
d
ID|Ca
00
Ca
m|O
r
ID
m0|||ca m
m w
mr|ca m
m w
mr|m
ca
Dl
IU
m
rn
nld
tfl|m
ca
Dl
IU
m
rn
nld
tfl|m
ca
Dl
IU
m
rn
nld
tfl|d
r||g
nl|||la al
ur m
Ca al
III
Ca
m|la al
ur m
Ca al
III
Ca
m|la al
ur m
Ca al
III
Ca
m|la
w
ID
Ul
co|O
m| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||O
CI|N
0
C|O
nl
O|W||||||||||||||Cl||||Ola||Clla| ||||0
H|IL||||||||||||||||ID
III
m||||||| ||||Cl|||||||||||||||||||||||| ||||CL'|||||||||||||||||||||||| ||||||||||||||||cantrip|||||||||||| ||||'0
I|N
0|O
Otc|W|ltl
d
ltl|8
ltl
IU|O
ID
Itl|||oo
DI m
00
car
mmmm(
fnr
Hid
m|||||d||8
IU|ICl
IV
Itl|||Ia
Ca
In|IUI
r
W
00
m|Ia
oo
ID
III
00|r
cntc| ||||UI|||||||||||||||||||||||| ||||IO0O|||||||||||||||||||||||| ||||Io0||to
O
IU|W|r
III
Ur|o
Ca
nl||||Co III
go
Dl A
O m||||UC
mfo
O
m|||||||In
ID||O
ca
r
Nl|nf
m
al| ||||10
0
t|N
0
0
~L|W
UC
Otc|W|m
O
ID|ca
mnl
ID
00
m||||||||||||In
m||||||| ||||IL'|||||||||||||||||||||||| ||||0t
8|||WOIVOd
Oom
r||||||~0 ln
go
crl w
O m|||'|d d
mla
cl
m|||||||ln
ID||O
co
r
IU
r|nl
m
al
r| ||||0|||||||||||||||||||||||| |||||||4I0R|PC|UC||||||||||||||||||| |'0||||||||||||||||||||||||||| |C
U|0|tc
Otc|||||||||||0
UC|||||||||||||0| |4I
JP
lo
Ilo
LI
N
I-
ffl0
lo
4I
Cl
I-|t
~4
0
IJC
Io
IL
0
~
0
Vl|U
0
P
ttl
11
IU
C0
L,
lo
0
U||||0
Eo|L'0
C
O|e
LI|0
Cl
E
locl.
'0
IU
ClC
I
Cl
fo
Cl
IU|N4I
CI
0'0
I
Cl
0|0
Cf000
0
UC
2
Ul
Cl
fo
Cl
I-
IUC
I-
Uf||0
fo
N
11
CL
JE
Uf0
UlL
0
CL||Cl
C
ClU
IUIJ
0
Cl
IL'
0
JE|Ul
Cl
E
Cl|0IJ
IU
0|IU
CI
0
0
N
t —" 0
IC TI
CL 0
0
U
010 0
N
C
CI
CI
lo 0
~
0 0
LJ U. I-|||0
Cl
0
0
Cl
CL
I5|Ui
110
00
0
IL'|0
E
IU
C
0IJ
C
Cl
E
IU
00
fo
L
lo
E|IU
U0
N0
LI
Cl
c
Cl
U
4I
U
0|Uf
N0
00
C
IO
C
0
0|000
fo
0
Cl
'5
C
0X
IU
0| |p
0||O
04
o
Ia|W|IO
O
tfl
O'
lh|O
IO
Ql
Ql
IQ|Itl
I
Itl
Ci
th|lo
m
m
O|CV
CO
lh||OlIa
Ol
Ih|hl
CD||Ca
Ol
IO||O| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||m|m|m|m||||||||| ||ttl|Q|W|hl||Ol
fa|'|Ql
Ol||||Ol
IO|Ch
CD||ltl| |||||||||m|||||IV||| |||ta||||m||Iti|||||mIh|O|Ol
Ol| |||||||m||m|||||||| ||lt
C
u|O
ta
OIa|W|tv
m
hi
~h
Ifl|O
m
Ch
IO|O
lh
hi|IO
m
mO||fa||hl
CD|Ol
IO
'I~
fa|CD
Ol
'tt
IV|00
ltl
Ol
m
Q|| ||||al40
I||cata|W||th
QI
ltl
tfl|m
Ql
m
Ca
ft
m|lh
ft
m
00
O
ltl|m
Ql
Ct
ifl|IO
IO
hi
CD|CO||IO
IV
Ih|||||IO
Q
mcaO|Ol
faO| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||III
C
CU|taOta|W||Ul
fV||IO
ft
th|O
ffl
m|CQft
Ih|||||IO
tflI
~0||IO
m
I
00||httt
ta| |||||aa
0
II|at
ta
Qta|W||Ql
Ol
tt
m|Ol
Ql
00
ta
m|t
M
Ul
A|tfl
Ql
CD
Ca|I/I8e'I|IO
Ih
Ol
Ih
IO||Iflfa
III
m
Ol||Ol
8||I
Ql
OO||| |||||||al0Z|||||||||||||||| ||al||||||||||||||||||||| |||||||||||||al|||||||||| ||||||||||||||||||la||||| |'00
IL
al
la
la
CJ
III
I-
taalt
IaIa|C0
III
t
44
0u
C
la
u
0
al0
E
g
0
~
Vl|0
faCu
0
Q
m
al'0
C0
la
c
u
0
IL|||||Iti
0
t
0
Ja
al
t
0
U|C0
IJ
Ue
alu
'~
aaal
2'
0
Ia
th|IJ
0
C
00
e
E
al
U|C
IO|0
IU
Ift 0
at
Ia
00
Ia
ec
0
IU
Co 0
ta 0
u
C
IUa
al
IC
u
—e
JD 0
O.||0
I
'0
al
Ia
0
I|4l0
ala
0
Z|8
H0
VlIO
0
4I
Et
0|0
IU
Etlta
C
0
h41flh0
C
IaW
IUZ|al
0
0
8.
Cl
E0IJ0
4IZ|aa
0
IU
JD
al0
C
IaI-|aa0
C
C
at
E
O0
E
alZ|00
0
JD
al
CJ
la
Ia
JD
CDC|'0
alIJ0
la
la
00| ## |||||2021||2020| |---|---|---|---|---|---|---| |||Notes||6||E| |Fixed assets||||||| |Tangible assets||||54,132||82,752| |Investments||||1,243,309||856,233| |Total fixed assets||||1,297,441||938,985| |Current assets||||||| |Debtors||10|48,450||38,239|| |Cash at bank and in|hand||17,965||366,362|| |Total current assets|||66,415||404,601|| |Liabilities||||||| |Creditors: amounts|falling|||||| |due within one year||11|261,659||260,570|| |Net current assets||||(195,244)||144,031| |Total assets less current||||||| |liabilities||||1,102,197||1,083,016| |Net assets||||1,102,197||1,083,016| |Funds||||||| |Restricted funds||||112,229||193,965| |Unrestricted
funds:||||||| |General funds||||220,000||220,000| |Designated
funds||||769,968||669,051| |Total funds||13||1,102,197||1,083,016| ## ## |||||2021||2020| |---|---|---|---|---|---|---| |||Notes||6||6| |Cash flows from||||||| |operating activities:||||||| |Net cash (used in)/provided|by|||(185,152)||172,540| |operating
activities||15||||| |Cash flows from||||||| |investing
activities:||||||| |Dividends
and interest from||||||| |investments|||30,934||34,328|| |Purchase ofequipment|||(1,545)||(752)|| |Leasehold improvements|||||(80,246)|| |Proceeds from sale ofinvestments|||177,317||82,979|| |Purchase ofinvestments|||(419,073)||(31,794)|| |Net cash (used in)/provided|by|||||| |investing
activities||||(212,367)||4,515| |Change
in cash and cash equivalents||||(397,519)||177,055| |in the reporting
period||||||| |Cash and cash equivalents|at the|||421,397||244,342| |beginning
ofthe reporting|period|||||| |Cash and cash equivalents|at the|||23,878||421,397| |end ofthe reporting
period||||||| |Analysis ofcash and cash||||||| |equivalents||||||| |Cash in hand||||17,965||366,362| |Cash held as investments||||5,913||55,035| |Total cash and cash equivalents||||2Ql78||421@97| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||ul|0
Iu
O
tu|W||||||I/I|Ih
Iu||O
Iu||||||Ch
ol|0
m|0
m|Ih
fu|tu
A|I/I
tu|I/I
tu|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||'00
4l Iu0
Cu||W|||CI0
iu||||0
0
0
Ih
/I|'|0
0
0
O
tu||||||Ol
ol||O
I/I
tu
mfumtu||||I/I|| ||||||0
lu0
lu|W||||||||||||||||0||||||ul| |||||||||||||||||||||||||||||cu| |||||8
0|lu
0
Iu|ul||000|||mm|ul|lh|O|O
tu|O
I/I|ul
fu|Ih
A|Ih
/4|Ih
6|44
l7I|O
Iu||||||O
Iu| |||||||||||||||||||||||||||||~4| |||||'0||W||||||||||||||||||||||IO| ||||||tu0
lu|||OoomI/I|||||tu||/4|I/I|Iu|O|lu|O|Cll|||||||m
CC
IO
C4
ltl| |||||IL'||||||||||||||||||||||||| |||||'0|IO
lu|W||||||00
th||I
tu||||||||O00||||||tu| |||||||||||||||||||||||||||||m| |||||I0||||||||||||||||||||||||| ||||||||||||Cl|||||||||||||||||| |'0
C
IL0
Tl
ul
I
IC
V
NN
I-
Ul0
IC4l
4I
I-|c
0
U
u
CI
Cl
~
0
~
ffl
CI
0
2|Iu0
Iu
IU
2
m'0
Cl
47
c
IC
0
0
I
0
u|Cl
ul
4I
CI0
NC0
IC00
CI00
ul
0||||0
l4
0|Uf
0
J3
tu
Iu
V
0
E
I/I
Uf
Cl
IO|I-
tu
0
0
2
Iu
tu
V|0
0
C
0
Cl
0
u.|00.
CI
CL'
Ol
'0
Y'0V
00
fu'00
0
IL
C0
N
lu
0
Cl
C
tu
Bu.|0
III
I
V
8
O0
lu
44
C
Iu
U
0
2|44
IO
IC
ICV
IL
0
fa
44
0
u/
U
0
X|C
0,
IC
0
0
C-
uc
lu
IC
N0
2|44
0
'0
IO
IJ
0
CL
t4
V
C-
N
I-
44
CL|00
u-
44
C
C
0
CL
O
IO
0
fu
C-
N
44
CL|44
C
0
Cl
IO 0.0
U
CC
N
0 0
V
Iu
UC C
I- I-
I
Uf
4I
lu
/4
ZI
IC
IC
lu
tu
V V
4l
fu
5%8
I/I
I/I 4||I
0
0
41
0
0|0
IC
E
f4
2
IC
0
IC
0|440
0
IL
0
N|C
0
O|0
'0
C
0
CL
tllJ4
0
0
I0
UC|0
C
CL0
C
Uf00
U
9|0
CL0.
'0
luU
tu
0
U
fu
u/
0
I-C
0
Z
Ih|||IO
IC
NO
0
C-| |||||0
P|0
CC0|W||||||0
'll
Ol|co
co
CO|'|'|'lr
vl
al|co
co
co|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||IV||||||||tC|||IO|IC|||||||||| |||||0
Cl|O
IV0|W||||||||||||||||||||| |||||f|IO|||||||||||||||||||||| |||||4l||||||||||||||||||||||| |||||IC||||||||||||||||||||||| |||||'0t|0
Nl0
Nl|W||||||CI
OI|CO
CO
CO
Nl|'|'|cf
UI
Ol|CO
CO
CO|||||||||| |||||IO
I|IC|W||vr|0
0||8
UI
Nl|0|co
Nl|g
fC|I
lfl
m|I
m
fo||||TOCP
Cl|Nl
0
tC||'Ir
m|r
IU|44
Nl
NI|| |||||0
0|R
CC0|W||||||||||||||IO0|Nl
O
Nl|W|m
r0
m|al|lflalo
lfl|| |||||IJ|||||||Nl||||m|||||||||||| |||||4I||||||||||||||||||||||| |||||IC||||||||||||||||||||||| |||||D
tta|NI0
IO|VI||Ifl|000O|||0440
44 0
Ol
CO
lfl
Nl
IU||||r
m
al
Ifl||||H
Cl||||||| |||||'8||||||||||||||||||||||| |||||I0||||||||||||||||||||||| |||||||||||||||||||||0|||m|al|m|| ||||Cl
0|||||||||||N||||||fa
III|||o
m||Olo
Ifl|'0| ||||C0IJ|||||||||||I-
Cl||||||OI
C||||||III
Cl| ||||Cl
TI|||||||||||JO
IC||||||||||||C| |'00
U
Cl
Tl
IO
I
IO
CJJN
I-
N4I
IO0
4I
I-|c
0
U
U
IO
0
0
~
III
Ol
0
R|IVIa
IV
IV
X
m'0
Cl
LU
0
OI0
0
I
0
0|IO
IUV4l
I
00
Ol
8
C
CI5
0||||NCa
IO
C
00|Cl
CJ
Cl
'0
CJ|E
0
Cd
0
0
cZ
0
nl
cd
C
Cl
Cl
0|C
C
Ol
0
Cl
C
Cl
IO|0
E
Cl
U
Y
0|0
V
c4
0
0|C
0
Ul
a.
E
0
Cla.
Vr|IJ
00E
Id
IU
Cl
OI
2
I|00
Ol
Cl
Cl
IO
CIc|NC
0
ClC0
0
I
Cl
0|c
44
C0
IOC
Y 0
E-
Ul
IO
'Cl
0I-||0V0||||III
0
E
Cl
C
IU
Ul
E0
Cl
0IJ
0|IU
OI
v
3
0|IJ0|Nf4
o
IV0
IU0
Cl
E0IJ
0
IU
E
Cl| |||||lo0
I||o
IV0tt|ul||IO
ao
co
ul|Irl
m
cn
co
m|ao
oo
lo
ul
oo|Ol
co
OI|88~m
m
cn m d
d
cn 0 m
w
ao m o
mmmm||CO
IO
~0
Co
CI| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||0
0,|N
0
U|lu
CQ
00|w||a|lo
f|00
cn
IO
m||ol
CQ ao ol
In tv
r
00 oo oo
04 m lo
Ol
laa
In
Ifl|Ct
tutu
tfl
ln|| |||||Ita||||||||||IV|| |||||0||CQ
utt|W||IOIo
co
an|co
m
m
IV|an
Itl
r||CQ
CQ In
CQ
lal lo lv
cn
00 ao d m
codmm
tu m|Ill
Oltc
ru|| ||||||||||||||m|Ill|| |||||III|0
U|0
0
to|III||'|lu
IO
ui|d'
0
r|ttlo|r
co dr
an
ul
lu tt
I dms
OOOO
CQ
Co R lo|CO
III
ro
III|| |||||||||||||||Ol|| |||||Yl0
I||IV0
tu|ul||an||CQ
00
r
IV|lu
Ol
Ol|m
cn m
m
'at
cn fv ol
mmmd
co co
faa
Itl
tu cr|lo
IO
tuo|00
CO| ||||||||||||||m w
an w||| ||||||||||||||||m| |||||0
0.|ua
0
u|to
ru|W||'|'|cO
Cr
Ol
tl||lrl
CI m
Co
m
an
m
r
In fv m fv
CQ
CQ
ua
CQ
0
CI'
ll\|tc
lo|Iu
m
IV| ||||||0||W||'at
an||CQ
m||m comm
CQ
an w m
ul
lrl
IO 00|In0
ltl|to
Irl
m| ||||||||||ao||m||f
IO nlm
fu||Ol
Itl| |||||Ih|0
U|CQ
tu|W|||||~0
IV
Itl
loIt|ul
Itl
r
cn
co lrl
m
m
CQ
Co
tt
m
rv
Ial
00
u\
m
CQ
IO|Ol
lfl
In
m|Itl
CI| |||||||||||||||all0|| |'00
Iu
Cl
Tl
lo
Ilo
U
N
I-
N4I
OI4I|c
0
U
OI
ol
0
~
ala0
0
R|IV
CQ
IV
IIJ
X
m'0
4l
QQC
IO
4I
0
I
0
u|4I
IEI
OI
Yl
0I-|||||QQC
IO0
OI|0IJ
N
E
N
OI
0
OO 0
ol u
00
C
ao
ro
O.
E
ule
olCZ
C
E 0
N
0
N C
C 0
U 0|||NO0
lul0
OI
00
4I
QQ0
ol
CL
X
OI
00
I|C0
g
N
QlIJ
U 0
05
Iu
IC
U
'tJ 'E
0 4
4
Io
JQ Coo
IO 0 00.
NNE
CB
O
U
an U
N
Cl0
QI
ol
I50
I
0 E
Z
ol
IJ
C0 JQ
IO O.|t
4I
Tlol
lo
U
C0
ol0
'00
OIca
X
ol
OI0I-|Cl0
'00
4l
CL
X
4I
Io0I-| ||||||IC
0r-|||Cl
tu
Cl
tt|W||IO|CO
O||Iu|||Ol
fu
r|O
Ifl
co|IO
tt
co||||tt
IV
m||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||m||Ol|||||||||||| |||||||~|8||W|||crl
fu||Ol
IV|||moo
mar
Ifl
CC lfl||||CC||Ol|O
~0|| ||||||||05|||||||lo|||Ol
IO|CO
fu|ifl||O
fu||Iu
04|Ol
OI|| |||||||0
U||O
O
hi|W||'|O
m||O
m
OI|||IO
r
IO
ifl|hl
o
hl
tu|fu
e
IU||mO
r||||| ||||||C
C 0
0—
~
0
IU
N|||o
tu
Cl
fu|ul||IOd|Iirl
m||m
IV
m|||IO
IO
tt
Ifl|d
Ch
m
lo|Ih
CO
I||||ul
IU
Ol
IO
CC|Ol'It
Ih
CU
m|IJ| ||||||U||||||||||||||||||||IC| ||||||Cl||||||||||||||||||||| ||||||||||||||||||||||||||IJ| ||||||OC||||||||||||||||||||IC
Cl00| ||||||||||||||||||||||||||C| |||||||||CI|W||'|8|||||Ifl
fu
tu
Ct|m
Cf
I|m
I
fu||||IO
IUd|lo
Ct|Clo.
N
IU
E| ||||||||||||||||||||||||||Cl| ||||||||||||||||||||||||||H| ||||||||||||||||||||||||||0| ||||||IC0I-|||IV
CI
tu|W|||CO
Ol
fu
IU||IV
IU|||Ifl
8|O
0|ul||00
rIU
O||IU|CC
m
CC|C
0
E| ||||||||||||||||||||||||||Cl| ||||||||||||||||||||||||||CO| ||||||U
0|E
c
4'|N
CC
lg
oo
U'1
05|||||||IO
IV
CO
Ol|||O
O'
IO
Ifl
o fu
mr
Ur||Ifl
CJ
ru
ni||IO
Ol
fu||04
00
OI||U
IU
IU
0| ||||||||||||||||||||||||||CO| ||||||||||||||||||||||||||'0| ||||||ClV
C
C
IU|H
0
V||tu
O
IU|||||||||d
Io
I|c0
o
CO
fu|O
r
Ifl||r
fu||Ol
ullh
Iu|Ol|0VIJ
Cl0| ||||||0
0O||||||||||||||||||||Cl
0t:0| ||||||||||||||||||||||||||CL| ||||||||||||||||||||||||||CL| ||||||C
0
IU|0
0
IC
N||tu
Cl
fu|W|||'it
r'it
m||~0
Ifl|||IO
IU
fv
lfl|d
Ch
o
IO|lo
CU
r||||O
Ol
IO
IO
IV|O
m|IC
I0| ||||||IU||||||||||||||||||||tJ| ||||||CL||||||||||||||||||||| ||||||||||||||||||||||||||IU| ||||||||||||||||||||||||||JU4!| |0
IL
Cl
Tl||I
CCO
00
IJ|'0
IU
0
00IJ||0
ul|H||Iu
IVI|W|||m
O
CO||O|||Ifl
lfl
m|'it
lilO
m|CC
CO||fu
lflo||m
OI
Ih
IO||Cl
IJ0
IU
JU
Cl| |IC
Z
IU
CJ
N
I
N4I0J
OI
Cl
0
I|c
0
V
IC0
~
o
~
H
Cl
V0
Z|mD
Cl
C
IC
4I
m
0
v
0
u.|CI0
0
Cla
X
Ol
IU
0
I|0V
0a0.
40
C0O
OIIJ0
cC||||||H
C
IO0
IU
IL'|V
Cl
a
I
0
Ul
0
LJ|0
U
00
C
N
IC'0
C
H'
Cl
J
0|00
4l
'0
C
IU
CL
0
IC
r-|H
10
C
g
IO0
E|Cl
P
OI
LJ|05
Cl
Ul|C
0
U
IU|H
Cl
0
H
C|0
IU
g|C0
CIU
IJ
Tl
O.|N
Cl|00
Ci
CI
Cl
00
4
tI'
4I
CL
Cl
IC
IC
I
~
OI
0||0
U
0
CL
CL
UI
IU
0
0-|JC
H0IJ
0
CL
CL
H
Cl0
Cl| ## ## ||||2021|2020| |---|---|---|---|---| ||||E|E| |Trustee expenses|||317|2,512| |Fees payable to the charity's||auditors|5,100|5,330| |Meeting costs||||267| |Annual
report|||1,350|1,250| |Other governance|costs||7,427|1,945| |Total governance|costs||14,194|11,304| ## |||||2021|2020| |---|---|---|---|---|---| |||||E|E| |Depreciation/Amortisation|offixed assets|||30,164|30,548| |Fees payable to the charity's|auditors for the charity's|annual|accounts|5,100|4,900| |Fees payable to the charity's|auditors for other services|||1,120|1,130| |Operating
lease rentals —office premises||||36,832|51,965| ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||||Number|Number| |The average number of monthly|||||employees|during the year was:|FTE:9|FTE:10| |(Management,
administration||||and charitable||services)|Headcount: 10|Headcount: 19| |Employment|costs|||||||| ||||||||2021|2020| ||||||||E|E| |Wages and|salaries||||||380,525|402,449| |Employers|national||insurance|costs|||37,257|39,073| |Employers|pension||contributions||||53,419|50,875| |Other staff|benefit||costs||||26|318| |Staff recruitment||costs||||||25| |Staff welfare|||||||677|2,490| |Staff training
and||professional||expenses|||1,564|4,246| |Volunteer|costs|||||||75| ||||||||473,468|499,551| ## ## ## ## |Cost|DNIce|Leasehold|Total Tangible| |---|---|---|---| ||Equipment|Improvements|Assets| ||&Furniture||| ||E|E|E| |At 1April 2020|74,241|80,246|154,487| |Additions|1,545||1,545| |Disposals|||| |At 31March 2021|75,786|80,246|156,032| |Depreciation/Amortisation|||| |At 1April 2020|55,687|16,049|71,736| |Charge for the year|14,115|16,049|30,164| |Disposals|||| |At 31March 2021|69,802|32,098|101,900| |Net book value|||| |At 31March 2021|5,984|48,148|54,132| |At 31March 2020|18,555|64,197|82,752| |Fixed asset investments||||| |---|---|---|---|---| |Market value|||Listed|Listed| ||||Investments|Investments| ||||2021|2020| ||||E|E| |Market value at 1April 2020|||801,198|929,404| |Acquisitions
at cost|||419,073|31,794| |Sales proceeds|||(177,317)|(82,979)| |Net realised investment|gains||3,420|(11,250)| |Net unrealised
investment||gains|191,022|(65,771)| |Market value at31March||2021|1,237,396|801,198| |Cash held as investments|||5,913|55,035| |Total investments
at31March 2021|||1,243,309|856,233| |Historical cost||||| |At 31March 2021|||925,256|| |At 31March 2020|||676,413|| ## ## |||2021|2020| |---|---|---|---| |||E|E| |Trade debtors||23,826|14,460| |Prepayments|and accrued income|24,624|20,295| |Amounts
due|from The Theatres Trust||3,484| |Total debtors||48,450|38,239| ## ||2021|2020| |---|---|---| ||E|E| |Trade creditors|34,611|1,093| |Taxation and social security|12,597|5,519| |Other creditors and accruals|214,109|253,958| |Amounts
due to The Theatres Trust|342|| |Total creditors|261,659|260,570| ## |12
Funds||||||| |---|---|---|---|---|---|---| |Funds 2021|Funds at|income|Expenditure|Investment|Transfers|Funds at| ||1April|||gains/|between|31March| ||2020|||(losses)|funds|2021| |Restricted funds|E|E|E|E||E| |Theatres Protection
fund|81,736|343,375|(425,111)|||| |TAR Capacity
Building fund||70,000|(70,000)|||| |TAR Enhanced
Support fund|112,229|||||112,229| |Covid-19 Response
Fund||33,000|(33,000)|||| |Total restricted funds|193,965|446,375|(528,111)|||112,229| |Unrestricted
funds||||||| |Designated
funds||||||| |Capital Provision
fund|381,937|||194,442||576,379| |Organisational
Development|189,405||||(93,525)|95,880| |Match Funding
fund|97,709|||||97,709| |Total designated
funds|669,051|||194,442|(93,525)|769,968| |General fund|220,000|559,851|(653,376)||93,525|220,000| |Total unrestricted
funds|889,051|559,851|(653,376)|194,442||989,968| |Totalfunds|1,083,016|1,006,226|(1,181,487)|194,442||1,102,197| |Funds 2020|Funds at|Income|Expenditure|Investment|Transfers|Funds at| ||1April|||(losses)/|between|31March| ||2019|||gains|funds|2020| |Restricted funds|E||E|E|E|E| |Resource centre|||(760)||760|| |Theatres Protection
fund|105,506|199,655|(223,425)|||81,736| |TAR Capacity
Building fund|35,250|45,000|(91,934)||11,684|| |TAR Enhanced
Support fund||112,229||||112,229| |Total restricted funds|140,756|356,884|(316,119)||12,444|193,965| |Unrestricted
funds||||||| |Designated
funds||||||| |Capital Provision
fund|458,958|||(77,021)||381,937| |Organisational
Development|210,000||||(20,595)|189,405| |Match Funding fund|125,000||||(27,291)|97,709| |Total designated
funds|793,958|||(77,021)|(47,886)|669,051| |General fund|220,000|737,207|(772,649)||35,442|220,000| |Total unrestricted
funds|1,013,958|737,207|(772,649)|(77,021)|(12,444)|889,051| |Totalfunds|1,154,714|1,094,091|(1,088,768)|(77,021)||1,083,016| ## ## ## ## ## ## ## ## ## |2021||General|Designated|Restricted|Total| |---|---|---|---|---|---| |||E|E|E|E| |Tangible|fixed assets|54,132|||54,132| |Investments||473,341|769,968||1,243,309| |Current|assets|(204,778)||271,193|66,415| |Current|liabilities|(102,695)||(158,964)|(261,659)| |Fund balances at31March 2021||220,000|769,968|112,229|1,102,197| |2020||General|Designated|Restricted|Total| |||E|E|E|E| |Tangible|fixed assets|82,752|||82,752| |Investments||187,182|669,051||856,233| |Current|assets|(10,272)||414,873|404,601| |Current|liabilities|(39,662)||(220,908)|(260,570)| |Fund balances at 31March 2020||220,000|669,051|193,965|1,083,016| ## ## |31March|2021the Charitable
Fund had annual
commitments|under non-cancellable
operating|leases as follo| |---|---|---|---| |||2021|2020| |||E|E| |Operating|lease rentals —office premises||| |Under one year||43,958|41,458| |Between|two and five years|116,250|160,208| |||160,208|201,666| ## ## |conciliation
ofnet movemen|t
in funds to|net cash flow from ope|rating
activities|| |---|---|---|---|---| ||||2021|2020| ||||E|E| |Net income/(expenditure)
for the reporting||period|19,181|(71,698)| |Adjustments
for:||||| |Depreciation
charges|||30,164|30,548| |(Gains)/losses
on investments|||(194,442)|77,021| |Dividends
and interest from|investments||(30,934)|(34,328)| |(Increase)/decrease
in debtors|||(10,210)|47,913| |Increase/(decrease)
in creditors|||1,089|123,084| |Net cash (used in)/provided|by operating|activities|(185,152)|172,540| ## ## ## |All|grants paid in the year were made|grants paid in the year were made|grants paid in the year were made|towards the protection oftheatres and comprised
the following institutions:|towards the protection oftheatres and comprised
the following institutions:|towards the protection oftheatres and comprised
the following institutions:|towards the protection oftheatres and comprised
the following institutions:| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||E|E| ||2 Northdown
Ltd||||||2,970| ||Accidental Theatre||||||5,000| ||Alexandra
Theatre||||||3,300| ||Alhambra
Theatre Trust|||||5,000|| ||Alnwick District Playhouse|Trust||||5,000|| ||Arts Admin (Toynbee)||||||5,000| ||Arun Arts Co Ltd|||||3,617|| ||Ashby Dramatic Society|||||5,000|| ||Barn Theatre|||||3,750|| ||Bernie Grant Arts Centre||||||5,000| ||Blackburn
Empire Theatre|||||2,037|| ||Blackfriars Theatre And Arts Centre Ltd|||||5,000|| ||Blue Elephant Theatre|||||5,000|| ||Brighton Hippodrome
(TAR capacity Building)|||||7,000|| ||Bristol Old Vic|||||4,000|| ||Bromley Little Theatre|||||5,000|| ||Brookside Theatre|||||4,715|| ||Burnley Empire (TAR Capacity Building)||||||10,000| ||Bury St Edmonds|||||5,000|| ||Camden
Peoples Theatre||||||5,000| ||Canal Cafd Theatre|||||2,714|| ||Capital Theatres|||||4,750|| ||Cast Theatre (Rich Mix)||||||11,544| ||Castlegate
Arts Ltd|||||5,000|| ||Chapter (Cardiff) Ltd|||||5,000|| ||Chichester
Festival Theatre|||||19,988|| ||Corn Exchange (Newbury)|Trust||||3,821|| ||Derby Hippodrome
Restoration||Trust (TAR Capacity||Building)|15,000|| ||Eastleigh
Borough Council|||||1,395|| ||Eden Court Theatre||||||16,200| ||FFIN Dance|||||3,370|| ||FIFECultural
Trust|||||2,491|| ||Friends OfStreatham
Hill Theatre|||(TAR Capacity Building)||6,000|| ||Gateshead
Little Theatre||||||5,000| ||Geoffrey Whltworth
Theatre|||||3,000|5,000| ||Greenwich
Theatre Limited|||||3,873|5,000| ||Hackney Empire Limited||||||5,000| ||Hampstead
Theatre
Ltd|||||2,440|| ## ## |ants paid in the year (cont|in|ued)|||||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||E|E| |Hull Truck Theatre||||||5,000|| |Hyde Festival Community|Association|||||5,000|| |Kings Head Theatre|||||||5,000| |Kirklees Theatre Trust||||||4,860|| |Lancaster Footlights||||||4,232|| |Leith Theatre Trust (TAR Capacity Building)||||||11,000|| |Lines Inspire Limited||||||4,699|| |Litchfield Garrick Theatre||||||4,746|| |Live Theatre||||||1,200|| |Lowestoft Players||||||4,920|| |Lowther Gardens
(Lytham)|Trust|||||3,500|| |Lyric Theatre Hammersmith||||||3,900|| |Lyric Theatre
Nl||||||18,250|| |Marina Theatre Trust||||||4,776|| |Matchstick Theatre Trust|||||||5,000| |Mercury Theatre||||||5,000|| |Middlesbrough
Little Theatre Trust||||||4,949|| |Minstead Trust||||||4,700|| |Montgomery
Theatre|||||||5,000| |Morecambe
Winter Gardens||(TAR Capacity Building)|||||22,000| |New Cut Arts||||||2,560|| |New Diorama||||||5,000|| |North Staffordshire
Theatre||Trust Ltd||||5,000|| |Northern
Ballet Limited||||||2,328|| |Northern
Stage (Theatrical|Productions)|||Ltd||20,000|| |Norwich Theatre
Royal|||||||19,750| |Old Sorting Office|||||||5,000| |Oldbury
Repertory
Players||||||912|| |Paines Plough
Ltd||||||5,000|| |Pavilion Theatre Gorleston||||||1,532|| |Pendle Leisure Trust||||||3,583|| |Pentameters
Theatre|||||||3,500| |People's Theatre Arts Group||||||5,000|| |Peterborough
New Theatre||(TAR Capacity Building)|||||7,500| |Phoenix Theatre
Blyth||||||3,274|| |Pioneers Theatres
Limited||||||5,000|| |Pitlochry Festival Theatre||||||4,700|| |Play ToThe Crowd||||||5,000|| |Pleasance Theatre Trust|||||||10,000| |Poole Arts Trust Ltd||||||4,950|| |Pound Arts Trust||||||5,000|| |Race Council Cymru||||||4,880|| |Rich Mix Cultural
Foundation|||||||20,000| |Roundhouse
Trust||||||4,400|| |Salford Victoria Theatre Trust (TAR Capacity Building)|||||||21,600| |Seaford Musical Theatre||||||5,000|| |Sheringham
Little Theatre||||||5,000|| |SirJohn Mills Theatre|||||||20,000| |Soho Theatre Walthamstow||Granada|(TAR Capacity||Building)|9,500|| |Spilsby Theatre
(TAR Capacity Building)|||||||5,500| |Stamford Shakespeare
Company||||||2,364|| ## ## ## |ants paid in the year (con|tinued|)||| |---|---|---|---|---| ||||2021|2020| ||||6|6| |Stanley Halls||||5,000| |Story Museum||||5,000| |Studio3Arts||||5,000| |Swindon
Dance|||3,987|5,000| |Swindon
Mechanics
(TAR|Capacity Building)|||23,400| |Tavistock Repertory Guarantors||Ltd|3,994|| |Teddington
Theatre Club|||5,000|| |The Acorn||||5,000| |The Albany|||5,000|| |The Albert
Hall|||2,835|| |The Brockley Jack Theatre|||4,839|| |The Coronet Theatre||||5,000| |The Gate Theatre|||2,050|| |The Georgian Theatre (Richmond) Trust Ltd|||20,000|| |The Groundlings
Theatre|(TAR|Capacity Building)|19,000|| |The Joseph Rowntree Theatre||Ltd|3,000|| |The Marlowe Trust|||20,000|| |The Playground
Theatre||||5,000| |The Spire Arts Ltd|||5,000|| |The Stag Community
Arts|Centre||5,000|| |The Theatre Royal Bath Ltd|||5,000|| |The Yard Theatre Ltd||||4,000| |Theatre Arts Action Trust|||5,000|| |Theatre Peckham|||5,000|| |Traverse Theatre Scotland|||5,000|| |Tynemouth
Priory Theatre|||1,500|| |Unicorn Theatre||||19,089| |Unity Theatre||||5,000| |Upfront
Arts|||4,750|| |Wakeffeld Theatre Trust|||5,000|| |Warminster
Athenaeum|Trust||3,522|| |West Cliff (Tendring) Trust|||1,724|| |Wiltons Music Hall|||3,700|| |Woodend
Arts Limited|||4,800|| |Worthing Theatres And Museum|||1,834|| |Yvonne Arnaud Theatre|||6,400|| |1-Arts||||5,000| |Cancelled or reduced grants from prior years:||||| |Chats Palace (cancelled)||||(5,000)| |Stephen Joseph Theatre|(reduced)|||(6,928)| |Total grants paid in the year|||492,611|313,425|