|Child Poverty Action Group|
|---|
|(ACompany
Limited by Guarantee)|
|Report and Financial Statements|
|Year Ended 31March 2022|
|Contents|||
|---|---|---|
|Trustees' report||3-31|
|Independent
auditors'|report|...32-35|
|Statement offinancial|activities|...36-37|
|Balance sheet||38|
|Cash flow statement.||..39|
|Notes to the financial|statements|......40-54|
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|Structure, governance
and management|Structure, governance
and management|Structure, governance
and management|Structure, governance
and management||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Status||Child Poverty Action Group ("the||CPAG")|is a charitable|||company||limited||by|
|||guarantee.|||||||||||
|Governing|document|The charitable
company|was established||under a Memorandum|||||ofAssociation|||
|||which established
the objects and||powers|ofthe charitable||||company||and|is|
|||governed
under its Articles ofAssociation.|||||||||||
|Company|number|1993854|||||||||||
|Charity number||Registered
with the Charity Commission
for England|||||and Wales|||registration|||
|||number 294841, and with the Office ofthe Scottish|||||Charity||Regulator||||
|||registration
number SC039339|||||||||||
|Registered|office and|30Micawber Street|||||||||||
|operational|address|London
N1 7ST|||||||||||
|||officeocpag. org.uk|||||||||||
|Email||cpag.org.uk|||||||||||
|Website|||||||||||||
|Honorary|officers|Jane Millar||Chair|from 25 November||||2021||||
|||Alan Buckle||Chair|until|24 November|||2021||||
|||Jane Millar||Vice Chair||until|24|November||2021|||
|||Mark O'Kelly||Treasurer||until 24 November||||2021|||
|||Mark Cooke||Treasurer||from|25|November||2021|||
|||Mark Cooke||Vice Chair||from|10March 2022||||||
|Chief Executive||Alison Garnham|||||||||||
|Company|Secretary|Chineze Okonkwo-Onyilo|||||||||||
|Bankers||NatWest
Bank pic|||||||||||
|||Islington
Angel Branch|||||||||||
|||2/3 Upper Street|||||||||||
|||London
N1 OPH|||||||||||
|Solicitors||Russell-Cooke|||||||||||
|||2 Putney
Hill|||||||||||
|||London SW15 6AB|||||||||||
|Auditors||Haysmacintyre
LLP|||||||||||
|||10Queen Street Place|||||||||||
|||London
EC4R 1AG|||||||||||
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|Continue|to be|Given greater media interest
in|Comment
and focus only where we are expert and|have|have|have|have||
|---|---|---|---|---|---|---|---|---|
|the leading||charities and increased exposure|evidence.||||||
|experts on social||to public comment through
social|Established,
clear approval
processes for press releases||||and||
|security|and child|media activity ofour advocacy|policy briefings,
balanced
with need for quick media||||||
|poverty||and policy work, there is a risk|response.||||||
|||that our reputation,
credibility or|Established
lines ofaccountability
to sign off all external||||||
|||market
share as the leading|documents
and comments.||||||
|||independent
experts on social|||||||
|||security and child poverty for|||||||
|||media, policy stakeholders
and|||||||
|||advice workers,
members
and the|||||||
|||public may be challenged.|||||||
|Grow income and||Given our rehance
on funders
and|Sales and income reports generated
and regularly
reviewed||||||
|reserves||publications/subscription
income,|to enable agility and timely corrective action.||||||
|sustainably||and the economic pressures|Close monitoring
ofgrant funded
projects to ensure||that||||
|||facing our financial supporters|funding
conditions are met within timescales given.||||||
|||and customers,
while sales have|Improve our CRM and website to enable us to develop||||||
|||currently
stabilised, there is a risk|fundraising
in areas other than trusts and foundations||||||
|||that levels ofsales ofpublications|including
legacies programme,
individual
donations|and|||||
|||or training
could reduce
in future.|corporates.||||||
|||Sudden cancellation
ofgrants|Continue to develop new creative offerings to our||||||
|||may lead to inability to sustain|publications,
training
and membership
customers.||||||
|||our vital policy and advocacy work|Continue to use more effective debt chasing procedures.||||||
|||and inability to build unrestricted|The reserves increased
substantially
in the previous|year|||||
|||income which enables us to post a|and this year. We have sufficient funds
in the bank|for|||||
|||surplus
and build reserves to the|deferred
income.||||||
|||required
levels.|||||||
|We continue to||Our objective to move towards
a|The digital team lead by the Director of Business meet||||||
|investin|our|digital provision
and service|regularly to ensure
aims and objectives are met and||we||||
|digital||continues
with investment
from|continue to work on our digital strategy.||||||
|infrastructure||funding
and core where|A Board committee
monitors
digital developments.||||||
|||appropriate.|||||||
|Larger projects||Given our ambitions to grow our|Hire the best staff CPAG can attract.||||||
|||impact there is a risk that, as we|Constant
monitoring
ofactivities and resources within||||large||
|||expand, we fail to successfully|projects.||||||
|||deliver on even larger projects.|Including the projects as part ofour risk assessment||process||||
||||which
involves Trustees and the senior management||team||||
||||working together.||||||
|Covid-19 risk||The senior management
team|Staff health and wellbeing
continues to be a priority||for||||
|||and staffing, resources and|CPAG, hybrid
working was fully implemented
in the|financial|||||
|||assurance
sub-committee|year.||||||
|||Trustees continued
to assess the|Regular risk assessments
take place, and the updated|||policy|||
|||risk from Covid-19, to ensure a|is updated
and communicated
to staff.||||||
|||series ofmitigating
actions were|Financial impact: the budget and plan for future years|||are|||
|||in place. .|constantly
being revised and reviewed to reflect further|||||loss|
||||ofonsite training
income, The following
mitigating|plans||||are|
||||already implemented:||||||
|Could-19 risk|~|New products
in|New products
in|the form ofwebinars
and online||
|---|---|---|---|---|---|
|(continued)||training|continued|to be developed
and delivered|in|
|||2021/22|will continue for the foreseeable
future even|||
|||with the|planned|re-introduction
ofonsite training|in|
|||the next|financial|year. This is in order to continue|to|
|||generate|income|while also responding
to survey||
|||feedback|which supported
continuation
ofonline|||
|||training.||||
||~|Extra push
in the||sales ofsubscriptions
to AskCPAG|to|
|||individual|subscribers
and large bulk corporate sales.|||
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##
##
|Income from:|||||||||
|---|---|---|---|---|---|---|---|---|
|Donations|||||2|1,212,357||1,212,357|
|Legacies|||||2|42,033||42,033|
|Activities for generating|||funds||||||
|Rent and room hire|||||||||
|Charitable
activities:|||||||||
|Publications||||||1,092,552|51,975|1,144,527|
|Welfare rights and test||cases||||187,618|979,983|1,167,601|
|Training||||||464,488|232,675|697,163|
|Membership||||||61,593||61,593|
|Information,
research|and|||campaigning||250|1,484,154|1,484,404|
|Investments||||||9,706||9,706|
|Other||||||15,846||15,846|
|Total||||||3,086,443|2,748,787|5,835,230|
|Expenditure
on:|||||||||
|Raising funds||||||259,642||259,642|
|Charitable
activities:|||||||||
|Publications||||||768,121|51,975|820,096|
|Welfare rights and test|||cases|||279,858|985,843|1,265,701|
|Training||||||257,085|232,675|489,760|
|Membership||||||39,217||39,217|
|Information,
research|and|||campaigning||482,015|1,490,908|1,972,923|
|Total|||||4|2,085,938|2,761,401|4,847,339|
|Net income/(expenditure)
Investment
gains||||before||1,000,505|(12,614)|987,891|
|Gross transfers between|||funds||||||
|Net Income/(expenditure)||||||1,000,505|(12,614)|987,891|
|Unrealised
Investment||gams||||69||69|
|Net movement
in funds||||||1,000,574|(12,614)|987,960|
|Total funds brought forward||||||3,553,880|14,616|3,568,496|
|Total funds carried forward||||||4,554,454|2,002|4,556,456|
|Income from:|||||||
|---|---|---|---|---|---|---|
|Donations|||2|1,326,533||1,326,533|
|Legacies|||2|45,707||45,707|
|Activities for generating||funds|||||
|Rent and room hire|||||||
|Charitable
activities:|||||||
|Publications||||1,011,097|142,777|1,153,874|
|Welfare rights and test||cases||2,452|1,114,298|1,116,750|
|Training||||349,026|267,099|616,125|
|Membership||||48,459|878|49,337|
|Information,
research and campaigning||||19,044|1,529,605|1,548,649|
|Investments||||6,202||6,202|
|Other||||30,391||30,391|
|Total||||2,838,911|3,054,657|5,893,568|
|Expenditure
on:|||||||
|Raising funds||||252,822||252,822|
|Charitable
activities:|||||||
|Publications||||648,523|142,778|791,301|
|Welfare rights and test||cases||51,991|1,115,440|1,167,431|
|Training||||228,545|267,098|495,643|
|Membership||||72,460|878|73,338|
|Information,
research and campaigning||||234,757|1,536,420|1,771,177|
|Total|||4|1,489,098|3,062,614|4,551,712|
|Net income/(expenditure)||||1,349,813|(7,957)|1,341,856|
|Gross transfers between||funds|||||
|Net Income/(expenditure)||||1,349,813|(7,957)|1,341,856|
|Unreahsed
Investment|gains|||272||272|
|Net movement
in funds||||1,350,085|(7,957)|1,342,128|
|Total funds brought forward||||2,203,795|22,573|2,226,368|
|Total funds carried forward||||3,553,880|14,616|3,568,496|
|FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|Tangible fixed assets||||1,653,916||1,744,010|
|Investments||||1,528,211||1,118,444|
|||||3,182,127||2,862,454|
|CURRENT ASSETS|||||||
|Stock||10|91,684||74,944||
|Debtors||11|1,081,585||1,573,118||
|Cash and Short-term|deposits||2,276,789||1,429,407||
||||3,450,058||3,077,469||
|Cl)EDITORS: amounts|falling due||||||
|within one year||12|(2,075,729)||(2,371,427)||
|NET CURRENT ASSETS||||1,374,329||706,042|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABIUTIES||||4,556,456||3,568,496|
|||13||4,556,456||3,568,496|
|FUNDS|||||||
|Restricted funds||||2,002||14,616|
|Unrestricted
funds:|||||||
|Designated
funds||||2,415,459||2,278,553|
|General funds||||2,138,995||1,275,327|
|TOTAL OIARTIY FUNDS||14||4,556,456||3,568,496|
##
|Cashflows from operating|activities|||
|---|---|---|---|
|Net cash provided
by operating
activities (see note below)||1,253,570|1,728,574|
|Cash flows from Investing|activities|||
|Investment
income received||9,706|6,202|
|Purchase ofproperty,
plant|and equipment|(6,196)|(3,040)|
|Purchase ofinvestments||(409,698)|(605,892)|
|Net cash (used in)/provided|by investing
activities|(406,188)|(602,730)|
|Change
in cash and cash equivalents
in the year||847,382|1,125,844|
|Cash and cash equivalents
at the start ofthe year||1,429,407|303,563|
|Cash and cash equivalents|atthe end ofthe year|2,276,789|1,429,407|
|Note: reconciliation|ofnet expenditure|tonet cash used by opemting|octivities|||
|---|---|---|---|---|---|
|Net income/(expenditure)
forthe year||||987,960|(1,342,128)|
|Adjustments
for:||||||
|Depreciation||||96,290|122,064|
|Investment
(gains)/losses||||(69)|(272)|
|Investment
income||||(9,706)|(6,202)|
|Decrease/(Increase)|in stock|||(16,740)|25,085|
|Decrease/(increase)|in debtors|||491,533|(698,900)|
|(Decrease)/increase|in creditors|||(295,698)|944,671|
|Net provided
by operating
activities||||1,253,570|1,728,574|
##
##
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##
##
##
##
##
##
|||2022|2021|
|---|---|---|---|
|Publications||3/o|10o/|
|Welfare Rights and Test Cases||299o|27o/o|
|Training||12o/o|15o/o|
|Membership||1o/o|1o/|
|Information,|Research and Campaigning|44o/o|42o/o|
|Fundraising|and Publicity|5'/o|So/o|
|Governance||1o/o|1o/o|
|Leasehold
buildings|||50years|
|---|---|---|---|
|Fixtures, furniture|and equipment||5years|
|CRM Ik Website|||5years|
|Computers
including||software|3years|
##
##
##
##
|This isstated after charging:|This isstated after charging:|||
|---|---|---|---|
|Depreciation||96,290|122,064|
|Operating
lease rentals:||||
|Property||41,685|38,438|
|Equipment||4,199|14,937|
|Auditors
remuneration:||||
|Audit Current Year provision||15,000|15,000|
|Audit Release of previous over provision|||(6,500)|
|Trustees'
remuneration;||||
|Costs paid for Trustees||||
|Trustees'
reimbursed|expenses|||
|||||a|~||
|---|---|---|---|---|---|---|
|Costs ofgenerating|funds||||||
|Raising funds|||51,987||207,655|259,642|
|Charitable
activities|||||||
|Publications|||85,074||735,022|820,096|
|Welfare rights|||301,562||964,139|1,265,701|
|Training|||122,159||367,601|489,760|
|Membership|||6,380||32,837|39,217|
|Information,
research||and campaigning|453,108||1,519,815|1,972,923|
|Total expenditure|||1,020,270||3,827,069|4,847,339|
##
||||a|~||
|---|---|---|---|---|---|
|Costs ofgenerating|funds|||||
|Raising funds||58,476||194,346|252,822|
|Charitable
activities||||||
|Publications||108,813||682,489|791,301|
|Welfare rights||306,861||860,570|1,167,431|
|Training||134,928||360,715|495,643|
|Membership||14,925||58,413|73,338|
|Information,
research and campaigning||454,743||1,316,435|1,771,177|
|Total expenditure||1,078,746||3,472,966|4,551,712|
|Salaries and wages|2,740,720|2,463,145|
|---|---|---|
|Social security costs|271,577|256,412|
|Pension contributions|154,062|138,428|
||3,166,359|2,857,985|
|Agency staff costs|45,683|5,066|
|Total staff costs|3,212,042|2,863,051|
##
|Welfare rights and test cases|Welfare rights and test cases|Welfare rights and test cases|17|16|
|---|---|---|---|---|
|Information,|research|and campaigning|27|23|
|Fundra ising|and publicity||3|3|
|Training|||6|6|
|Membership|||1|1|
|Publications|||5|5|
|Governance|||1|1|
|Support activities|||9|8|
||||69|63|
##
|At 01/04/2021|1,766,146|107,225|375,359|2,248,730|
|---|---|---|---|---|
|Additions
in year|||6,196|6,196|
|At31March 2022|1,766,146|107,225|381,555|2,254,926|
|Depreciation|||||
|At 01/04/2021|215,724|67,085|221,911|504,720|
|Charge for 2021/22|35,537|9,211|51,542|96,290|
|At 31March 2022|251,261|76,296|273,453|601,010|
|Net BookValue|||||
|At 31March 2022|1,514,885|30,929|108,102|1,653,916|
|At 31March 2021|1,550,422|40,140|153,448|1,744,010|
|Market value at the start ofthe year|1,118,444|512,281|
|---|---|---|
|Amount deposited
in the year|409,698|605,892|
|Unrealised
gain|69|272|
|Market value at the end ofthe year|1,528,211|1,118,444|
|Historic cost at year end|1,529,537|1,119,701|
|Investments
comprise:|||
|Close Brothers Group Pic|1,526,886|1,117,188|
|Shares listed on the LSE|1,323|1,254|
|Investment
in trading
subsidiary|2|2|
||1,528,211|1,118,444|
##
|Work in progress|Work in progress|79,072|67,236|
|---|---|---|---|
|Publications|for resale|12,612|7,708|
|||91,684|74,944|
##
|Trade debtors|882,517|833,538|
|---|---|---|
|Other debtors|14,240|43,588|
|Prepayments|71,537|67,976|
|Accrued income|113,291|628,016|
||1,081,585|1,573,118|
|Trade creditors|6,499|182,356|
|---|---|---|
|Taxation and social security|103,877|65,937|
|Other creditors|229,530|212,004|
|Accruals and Deferred Income|1,735,823|1,911,130|
||2,075,729|2,371,427|
|Tangible fixed assets||1,653,916|||1,653,916|
|---|---|---|---|---|---|
|Fixed asset investments|||1,528,211||1,528,211|
|Net current assets|2,002||(766,668)|2,138,995|1,374,329|
|Net assets atthe end ofthe
year 2022|2,002|1,653,916|761,543|2,138,995|4,556,456|
|Tangible fixed assets||1,744,010|||1,744,010|
|---|---|---|---|---|---|
|Fixed asset investments|||1,118,444||1,118,444|
|Net current assets|14,616||(583,901)|1,275,327|706,042|
|Net assets at the end ofthe
year 2021|14,616|1,744,010|534,543|1,275,327|3,568,496|
##
##
|Restdicted funds|||||
|---|---|---|---|---|
|Scottish Government
—second tier welfare
rights service|||695,000|(695,000)|
|National
Lottery Community
Fund|||650,743|(650,743)|
|Barclays —Your Work Your Way|||316,808|(316,808)|
|Scottish Government
through
a
ALEC Fund grant|CYPFEIF and||133,000|(133,000)|
|The Legal Education
Foundation
Improving
public law education|(TLEF)—
and capacity||96,321|(96,321)|
|Scottish Government —Cost ofthe School
Day Project|||92,780|(92,780)|
|TLEF —'Computer
Says Nol' Access tojustice
in universal
credit||12,614|83,519|(96,133)|
|Barclays
—Survivors Welfare Advice Project|||79,811|(79,811)|
|Comic Relief|||76,441|(76,441)|
|City Bridge Trust|||75,071|(75,071)|
|abrdn
Financial
Fairness Trust (formerly
Standard
Life)|||69,262|(69,262)|
|TLEF - Access to justice in social|security||60,471|(60,471)|
|Fusion 21Foundation|||49,513|(49,513)|
|Therium
Access Limited|||43,637|(43,637)|
|Trust for London|||42,835|(42,835)|
|Mitchell Charitable
Trust|||30,000|(30,000)|
|Glasgow
Health and Social Care|Partnership||23,614|(23,614)|
|TUUT Charitable
Trust|||22,514|(22,514)|
|Grants for Advice Line Glasgow|||22,250|(22,250)|
|Donations to appeal for UK Cost ofSchool
Day project|||17,265|(17,265)|
|Deborah and Laurence
Harris|||12,500|(12,500)|
|Baring Foundation|||9,657|(9,657)|
|University ofYork- benefit changes and
larger families|||8,637|(8,637)|
|London Borough ofGreenwich|||6,667|(6,667)|
|Scottish Government
—Scottish
up Fund|Benefit Take-||6,600|(6,600)|
|Oxfam|||4,458|(4,458)|
|Newcastle
University
and NEPC|||3,166|(3,166)|
|Orbit Group|||3,125|(3,125)|
|Coventry
City Council|||3,000|(3,000)|
|Pears Foundation|||2,625|(2,625)|
|Digital Freedom
Fund|||2,103|(2,103)|||
|---|---|---|---|---|---|---|
|Strategic Lega
I Fund|||1,848|(1,848)|||
|University
ofYork - 'Could|Realities'||499|(499)|||
|Other grants||2,002|3,047|(3,047)||2,002|
|Total restricted funds||14,616|2,748,787|(2,761,401)||2,002|
|0~id
d|||||||
|Tangible fixed assets||1,744,010||(96,290)|6,196|1,653,916|
|Capital and Infrastructure|Reserve|40,000|||60,000|100,000|
|Development
Fund||100,000||||100,000|
|Redundancy/Leave||85,000||||85,000|
|Investment
Fund||259,543||||259,543|
|Campaign
Fund||50,000||||50,000|
|COL Reserve|||||67,000|67,000|
|Fundraising
Investment|||||100,000|100,000|
|Total designated
funds||2,278,553||(96,290)|233,196|2,415,459|
|General funds||1,275,327|3,086,512|(1,989,648)|(233,196)|2,138,995|
|Total unrestricted
funds||3,553,880|3,086,512|(2,085,938)||4,554,454|
|TotalFunds||3,568,496|5,835,299|(4,847,339)||4,556,456|
##
|Restricted funds||||||
|---|---|---|---|---|---|
|National
Lottery Community
Fund —UK Cost
ofthe School Day project|||729,958|(729,958)||
|Scottish Government
—second tier welfare
rights project|||675,000|(675,000)||
|Scottish Government
through
a
ALEC Fund grant- Early Warning|CYPFEIF and
System||113,536|(113,536)||
|The Legal Education
Foundation|(TLEF)—|||||
|improving
public law education|and capacity||113,530|(113,530)||
|ofnon-legal
professionals||||||
|Scottish Government - Covid-19
Justice Fund|Social||104,877|(104,877)||
|Community
Justice Fund via Access toJustice
Foundation
—Covid-19 support|||100,000|(100,000)||
|Scottish Government —Cost ofthe School
Day Project|||93,905|(93,905)||
|Trust for London||4,435|89,500|(93,935)||
|The Legal Education
Foundation
'Computer
Says No'|(TLEF)—|12,614|83,147|(83,147)|12,614|
|Oak Foundation|||79,011|(79,011)||
|Barclays —Your Work Your Way||880|75,718|(76,598)||
|Esmee Fairbairn
Foundation|||74,354|(74,354)||
|Comic Rehef —universal
credit project||435|68,938|(69,373)||
|Therium
Access Limited|||58,484|(58,484)||
|University ofYork grant from Nuffield
Foundation —poverty
in the pandemic|||56,633|(56,633)||
|Standard
Life Foundation|||55,051|(55,051)||
|London Community
Response
Fund via Trust
For London —Covid-19 response|||50,000|(50,000)||
|National
Lottery Community
Fund Covid-19
Emergency
Funding|||49,281|(49,281)||
|City Bridge Trust|||48,750|(48,750)||
|City Bridge Trust —continuation|grant||16,052|(16,052)||
|The Legal Education
Foundation
Justice First Fellowship|(TLEF)—||41,543|(41,543)||
|Glasgow Health and Social Care|Partnership||40,927|(40,927)||
|Comic Relief m partnership
with
Covid response|the DCMS-||39,850|(39,850)||
|Barrow Cadbury Trust - Early Warning
System|||30,000|(30,000)||
|Mitchell Charitable
Trust|||30,000|(30,000)||
|Grants for Advice Line Glasgow|||22,900|(22,900)||
|Feeding Britain||707|22,083|(22,790)||
|TUUT Charitable
Trust|||20,237|(20,237)||
##
|Baring Foundation
Covid-19 Response|Baring Foundation
Covid-19 Response|Fund||20,027|(20,027)|||
|---|---|---|---|---|---|---|---|
|Barrow Cadbury Trust
Children
and Families|—Secure Futures|for||12,000|(12,000)|||
|Oxfam GB||||10,542|(10,542)|||
|Scottish Government
project|Benefits Take-up|||6,600|(6,600)|||
|Limversity ofYork grant from Nuffield||||||||
|Foundation
—benefit changes and larger||||3,926|(3,926)|||
|families||||||||
|Barclays —Survivors Welfare Advice Project||||2,192|(2,192)|||
|Fusion 21Foundation||||975|(975)|||
|Other grants|||3,502|15,130|(16,630)||2,002|
|Total restricted funds|||22,573|3,054,657|(3,062,614)||14,616|
|~Dd
d||||||||
|Tangible fixed assets|||1,863,034||.(122,064)|3,040|1,744,010|
|Capital Reserve|||40,000||||40,000|
|Development
Fund|||100,000||||100,000|
|Redundancy/Leave|||85,000||||85,000|
|Investment
Fund||||||259,543|259,543|
|Campaign
Fund||||||50,000|50,000|
|Total designated
funds|||2,088,034||(122,064)|312,583|2,278,553|
|General funds|||115,761|2,838,911|(1,366,762)|(312,583)|1,275,327|
|Tota
I unrestricted
funds|||2,203,795|2,838,911|(1,488,826)||3,553,880|
|TotalFunds|||2,226,368|5,893,568|(4,551,440)||3,568,496|
##
##
|Scottish Government
—second tier|Scottish Government
—second tier|Scottish Government
—second tier|The aim ofthis project is to tackle poverty
by improving|the quality|ofadvice|
|---|---|---|---|---|---|
|welfare rights service|||made available to low-income
households.
The project achieves its||aim through|
||||increasing the capacity and capability offront-line
agencies to provide accurate,|||
||||high-quality,
and effective advice and information
on benefits to eligible|||
||||claimants,
both in and out ofwork.|||
|National
Lottery Community||Fund|UK Cost ofthe School Day project: second year of a 39-month
long project that|||
||||breaks down financial
barriers to education
in England, Scotland and Wales. The|||
||||project helps children
and young people to take part and|be happy at school.||
|Barclays —Your Work Your Way|||Third of a four-year grant for an innovative
work support|programme|for|
||||potential second earners from low-income
families, helping them overcome|||
||||barriers to get into work and progress.|||
|Scottish Government
through||a|The Early Warning
System collects and analyses
evidence|about the|impact of|
|CYPFEIF and ALEC Fund|grant||changes
in social security on children, their families and the communities
that|||
||||support them
in Scotland.|||
|The Legal Education
Foundation|||Second of a two-year grant to advance
legal education
and capacity||ofwelfare|
|(TLEF) —Improving
public law|||rights advisers through
a range of legal procedures.|||
|education
and capacity||||||
|Scottish Government-|Cost ofthe||Supports the salary costs and overheads
ofa part time project manager
and|||
|School Day Project|||information
officer, This project provides strategic leadership
and support to|||
||||more schools and Local Authorities.|||
|TLEF —'Computer
Says Nol' Access|||Second ofa two-year grant to enable access tojustice in|the face of|the|
|tojustice in universal
credit|||digitalisation
of universal
credit.|||
|Barclays
—Survivors Welfare Advice|||One-year project advising
professionals
working
with domestic abuse survivors|||
|project|||on issues relating to their benefit claims and entitlement.|||
|Comic Relief|||Third of a three-year
universal
credit advice project.|||
|City Bridge Trust|||First year ofa three-year
contmuation
grant for a London|Universal|Credit|
||||Welfare
Rights Worker and associated project costs.|||
|abrdn
Financial Fairness|Trust||Second ofa two-year grant towards
research
and advocacy work to||reform|
|(formerly
Standard
Life)|||emergency
support to reduce demand for food banks.|||
|The Legal Education
Foundation-|||First year of a 23-month
project that increases access to|justice for families on||
|Access tojustice in social security|||low income accessing welfare benefits.|||
|Fusion 21Foundation|||Project to improve
universal
credit for claimants
experiencing
mental
health|||
||||problems.|||
|Therium
Access Limited|||Continuation
funding for the employment
of a solicitor.|||
|Trust for London|||London Calling project.|||
|Mitchell Charitable
Trust|||Second ofa two-year grant for the Early Warning
System|for England|and Wales.|
|Glasgow
Health and Social Care|||Funding for a Glasgow child poverty action co-ordinator.|||
|Partnership||||||
|TUUT Charitable
Trust|||Second ofa two-year grant part-funding
a parliamentary|assistant.||
|Grants for Advice Line Glasgow|Grants for Advice Line Glasgow|Grants for Advice Line Glasgow|Grants for Advice Line Glasgow|Co-funding
for our free service for anyone
in Scotland|who advises|who advises|people|living|
|---|---|---|---|---|---|---|---|---|
|||||in poverty
and on low income on benefit entitlements.|||||
|Donations to appeal|for UK Cost of|||Donations towards extending
our UK Cost ofSchool Day project in schools.|||||
|School Day project|||||||||
|Deborah
and Laurence||Harris||Towards our legal work.|||||
|Baring Foundation||||Support for legal action related to Covid-19.|||||
|University ofYork —benefit changes||||Project on how benefit changes affect larger families.|||||
|and larger families|||||||||
|London Borough ofGreenwich||||Cost ofSchool Day project extension
in London.|||||
|Scottish Government|-Scottish|||Funding to develop
eLea ming
courses on the Scottish|child payment||and other||
|Benefit Take-up
Fund||||new Scottish benefits.|||||
|Oxfam||||Funding for report as part ofour Secure Futures for families and children work.|||||
|Newcastle
University|and||NEPC|Modelling
early childhood
poverty
in the North East.|||||
|Orbit Group||||Cost ofSchool Day project extension
in Coventry.|||||
|Coventry
City Council||||Cost ofSchool Day project extension
in Coventry.|||||
|Pears Foundation||||UK Cost ofSchool Day project extension.|||||
|Digital Freedom
Fund||||Project on access tojustice in the face ofdigitalisation|of|means tested welfare|||
|||||benefits
in the UK.|||||
|Strategic Legal Fund||||Pre-litigation
research
into EU citizens with pre-settled|status and no other|||right|
|||||to reside being excluded from social security benefits.|||||
|University ofYork —'Covid|||Realities'|Research project documenting
the experiences
of parents||and carers on a||low|
|||||income during the pandemic.|||||
|Other grants||||Grants towards
our advice service and policy work.|||||
|Purposes ofDesignated|||Reserves||||||
|Tangible
Fixed assets|Reserves|||Reserve relates tothe net book value oftangible
fixed|assets at the||end of|the|
|||||financial year.|||||
|Capital and infrastructure|||reserve|To keep on top oftechnological
developments
needed|to|IT and|||
|||||communications
hardware
and software infrastructure.|This includes completing||||
|||||the upgrade ofour finance software, so it is fit for CPAG's||purposes|in the||
|||||foreseeable future. Forthe next Syears.|||||
|Development
fund Reserve||||Reserve to fund tax/benefit
modelling,
policy and research activities|||critical|to|
|||||enhancing
our impact over the next Syears.|||||
|Redundancy/annual
leave|||reserve|Reserve to finance possible redundancies
and contractual||holiday entitlements|||
|||||ofstaff including
up to 10days leave carries forward from||the previous year, for|||
|||||the next financial year.|||||
##
|Investment|Fund|Reserve to continue development
ofour|leading digital products, website, e-|leading digital products, website, e-|leading digital products, website, e-|
|---|---|---|---|---|---|
|||commerce
and shop. And reserve to help develop||our campaigning
capacity over||
|||a 2-year period.||||
|Campaign|Fund|Reserve to fund our campaigning
activity|including|research,
polling and||
|||campaign
assets over a 2-year period.||||
|COL reserve||Contingency
reserve to cover additional|costs caused by rising inflation|||
|Fundraising|Investment|Reserve to cover fundraising
consultancy|support|to increase individual|donors|
|||over a 2-year period.||||
##
|Within 1year|2,852|38,508|11,976|15,584|
|---|---|---|---|---|
|1—5years||154,033|8,593|20,483|
||2,852|192,541|20,569|36,067|
##