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|Charity and company
information|Charity and company
information||
|---|---|---|
|Trustees'
annual
report||4-7|
|Objectives and activities|||
|Public benefit|||
|Achievements
and performance|||
|Financial review|||
|Structure,
governance|and management||
|Future developments|||
|Independent
auditors'
report||8-9|
|Financial statements||10-19|
|Statement
offinancial|activities|10|
|Balance sheet|||
|Statement
ofcash flows|||
|Notes to the financial|statements|13-19|
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|Executive||Committee|Officers|Naorni Stuart|(Chairman)|(Chairman)|
|---|---|---|---|---|---|---|
|(Trustees|and directors)|||*Amalia Michaels
*Anthony Sober|(Vice chairman)
(Treasurer)||
|||||Brian Levy|(Assistant treasurer)||
||||Other members||||
|||||Maggie Crawford|||
|||||Ruth Freeman|||
|||||Herbie Goldberg|||
|||||Diana King|||
|||||Marie-Ange
King
' Susan Kwok|||
|||||Hazelanne
Lewis|||
|||||*Gerta Regensburger|||
|||||Pam Strangman|||
|||||Shafeeq Siddiqui|||
|||||Ron Tucker|||
|||||Gilli Vafidis|||
|||||* =co-opted member|||
|Company|Secretary|||Hazelanne
Lewis|||
|Registered||charity number||288434|||
|Company|number|||01752272|||
|||||Registered
in England|||
|Registered||office||Old Town Hall|||
|||||213Haverstock
Hill|||
|||||London NW3 4QP|||
|Independent||auditors||Knox Cropper LLP|||
|||||Chartered
Accountants|||
|||||65 Leadenhall
Street|||
|||||London EC3A 2AD|||
|Solicitors||||Bates Wells 8 Braithwaite|London|LLP|
|||||10Queen Street Place|||
|||||London EC4R 1BE|||
|Bankers||||CAF Bank Ltd|||
|||||25 Kings
Hill Avenue|||
|||||West Mailing ME194JQ|||
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||||Note|Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total|Total|
|||||f000|f000|f000|f000|
|Income||||||||
|Membership|income|||80||80|131|
|Donations|and|legacies||7||7|253|
|Investment|income|||53||53|48|
|||||140||140|432|
|Charitable|activities||||||3|
|Total||||140||140|435|
|Expenditure||||||||
|Raising funds||||22||22|30|
|Charitable|activities|||||||
|Study groups||||153||153|189|
|Events|and|sundry income|||||5|
|||||153||153|194|
|Total||||175||175|224|
|||||(35)||(35)|211|
|Net gains/(losses)||on investments:||||||
|Realised||||||||
|Unrealised||||290||290|49|
|Net income for the||year||255||255|260|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||1,928||1,928|1,668|
|Total funds carried||forward||2,183||2,183|1,928|
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|||Note|2021|2020|
|---|---|---|---|---|
||||f000|E'000|
|Fixed assets|||||
|Tangible
fixed assets||10|28|31|
|Investments||11|2,065|1,595|
||||2,093|1,626|
|Current assets|||||
|Debtors and prepayments||12|17|21|
|Cash at bank and|in hand|13|130|287|
||||147|308|
|Current
liabilities:|||||
|Creditors
payable|within one year|14|57||
|Net current assets|||90|302|
|Total assets less current liabilities|||2,183|1,928|
|Creditors payable after more than one year|||||
|Net assets||15|2,183|1,928|
|Representing:|||||
|The income funds of|the charity||||
|Unrestricted
funds:||16|||
|General fund|||733|478|
|Designated
funds|||1,450|1,450|
||||2,183|1,928|
|Restricted
funds|||||
||||2,183|1,928|
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|||||Note|2021|2020|
|---|---|---|---|---|---|---|
||||||f000|f000|
|Cash flows from operating|activities||||||
|Net income for the year|||||||
|as shown
in statement|offinancial activities||on page 10||255|260|
|Adjustments
for:|||||||
|Distributions
and interest from investments||||4|(53)|(48)|
|Depreciation
charges||||10|3|11|
|Net (gains)/losses
on investments||||11|(290)|(49)|
|(Increase)/decrease
in|income tax recoverable|||12|(11)|8|
|(Increase)/decrease
in|legacy receivable|||12|||
|(Increase)/decrease
in|other debtors and|prepayments||12|15|4|
|(Decrease) in subscriptions
in advance||||14|28|(63)|
|Increase/(decrease)
in|commitment
under|property agreement||14|||
|Increase/(decrease)
in|other creditors and|accruals||14|23||
|Net cash provided
by /|(used in) operating|activities|||(30)|123|
|Cash flows from investing|activities||||||
|Distributions
and interest from investments||||4|53|48|
|Purchase
oftangible
fixed assets||||10||(26)|
|Sales/
urchases) ofinvestments||||11|180||
|Net cash provided
by/(used
in) investing||activities|||(127)|22|
|Cash flows from financing|activities||||||
|Repayments
of borrowing|||||||
|Net cash (used in) financing
activities|||||||
|Change
in cash and cash|equivalents
in the|year|||(157)|145|
|Cash and cash equivalents|at the beginning
ofthe year||||287|143|
|Cash and cash equivalents|at the end ofthe||year|13|130|288|
|The notes on pages 13to 19 form part ofthese|||financial statements.||||
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||||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|Total|Total|
||||||f000|f000|f000|f000|
|5|Income from charitable|activities|||||||
||Events and sundry income:||||||||
||Easter conference||||||||
||Outings
and concerts||||||||
||Sundry income||||||||
|8|Costs ofraising funds||||||||
||Payments
to other charities|(see note 19)|||10||10|19|
||Publicity||||1||1||
||Support costs —see note 9(d)||||7||11||
||||||18||22|30|
|7|Costs ofstudy groups||||||||
||Accommodation||||117||118|138|
||Other direct costs||||8||8|18|
||Support costs —see note 9(d)||||28||28|33|
||||||153||153|189|
|8|Costs ofevents and ofsundry|||income|||||
||Easter conference||||||||
||Outings
'and concerts||||||||
||Sundry income||||||||
||Support costs —see note 9(d)||||||||
|9|Total expenditure
included:||||||||
||(a) Rent and licence fees payable||||||||
||Leased accommodation||||||135|116|
||Payments
to secure availability||ofCafe premises|||||17|
||Licensed accommodation|||||||13|
||Additional
accommodation|||||||4|
||||||||135|150|
||(b) Professional
charges||||||||
||Payable to the auditors||||||||
||Comprising
charges
in connection|||with:|||||
||independent
audit||||||||
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||||f000|f000|
||(d) Support costs||||||||
||Office accommodation||||||17|21|
||Depreciation|ofoffice furniture||and equipment|||1|1|
||Communications||||||5|7|
||National
affiliation fees||||||9|11|
||Governance|costs:|||||||
||Audit fee||||||||
||Other governance||costs||||||
||Other support|costs|||||||
||||||||35|46|
||Allocated as|follows|—see note 1(c):||||||
||Raising funds||||||7|12|
||Study groups||||||28|32|
||Events and|sundry|income|||||2|
||||||||35|46|
|10|Tangible fixed|assets|||||||
||||||Computer|Other|2021|2020|
||||||equipment|equipment|Total|Total|
|||||||and furniture|||
||||||f000|f000|f000|f000|
||Cost||||||||
||Brought forward||||47|51|98|71|
||Disposals
in year||||||||
||Additions
in year|||||||27|
||||||47|51|98|98|
||Depreciation||||||||
||Brought forward||||25|42||56|
||Disposals
in year||||||||
||Charge for year||||||||
||||||27||70||
||Net book value||||||||
||at 31/08/2021||||20||28|31|
||Net book value||||||||
||at 31/08/2020||||22||||
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|||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||f000|f000|
|11|Investments|||||||||||||
||Cost|||||||||||1,595|1,546|
||Sold in year|||||||||||||
||Additions|||||||||||180||
||Gains|||||||||||290|49|
||Market value|||||||||||2,065|1,595|
||The investments||comprised||units|in the COIF|||Charities|funds listed below.||||
||The changes|in market value|||over||the year|were as follows:||||||
||||||||Brought||Purchased/|Realised|Unrealised|Carried||
||||||||forward|(sold) in year||gain/(loss)|gain/(loss)|forward||
||||||||f000||f000|OOOO|f000|f000||
||Ethical Fund||||||||"I80||24|204||
||Global Equity|Income Fund||||||||||||
||Investment
Fund||||||1,595||||266|1,861||
||Property
Fund|||||||||||||
||||||||1,595||180||290|2,065||
|||2020|||||1,546|||||'/,595||
|12|Debtors and prepayments|||||||||||||
||Income tax recoverable|||||||||||||
||Legacy receivable|||||||||||||
||Other debtors||||||||||||8|
||Prepayments||||||||||||12|
|||||||||||||17|21|
|13|Cash at bank and in hand|||||||||||||
||Current accounts||and cash|in hand||||||||120|277|
||Demand
deposit|||||||||||10|10|
|||||||||||||130|287|
|14|Creditors payable
within||||one||year|||||||
||Membership
subscriptions|||received|||in advance|||||28||
||Other creditors|and accruals||||||||||29||
|||||||||||||57||
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||||||Tangible|Invest-|Net current|Finance|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||fixed assets|ments|assets|lease|2021|
||||||OOOO|f000|f000|f000|f000|
|Unrestricted|||funds|||||||
|General||fund|||28|615|90||733|
|Designated|||funds|||1,450|||1,450|
||||||28|2,065|90||2,183|
|Restricted|funds|||||||||
||||||28|2,065|90||2,183|
|Movements|||in unrestricted|funds||||||
|||||Balance at|Income|Expenditure|Gains on|Transfers|Balance at|
|||||31August|||investments|between|31 August|
|||||2020||||funds|2021|
|||||f000|f000|f000|f000|f000|f000|
|General fund||||||||||
|||||478|140|(175)|290||733|
|Designated||funds||||||||
|See below||||1,450|||||1,450|
|||||1,928|140|(175)|290||2,183|
|||||2019|||||2020|
|General fund||||218|435|(224)|49||478|
|Designated|funds|||1,450|||||1,450|
|||||1,668|435|{224)|49||1,928|
|Designated||funds||||||||
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|me and activities of U3A in Lon|don (see note 6);|||
|---|---|---|---|
|||2021|2020|
|||f000|f000|
|The Hampstead
School of Art||2|8|
|The Keats Community
Library||2|3|
|The Primrose
Hill Community|Association|2|4|
|Maggie's
Cancerkin||2|0|
|Age UK Camden||2|0|
|||10||
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