##
##
##
|Report ofthe|Trustees|||
|---|---|---|---|
|Independent|Examiner's
Report|||
|Statement of|Financial|Activities||
|Summary
Income and||Expenditure|Account|
|Balance Sheet||||
|Notes to the|Rnancial|Statements||
##
|The Directors ofthe charitable
company
(the|The Directors ofthe charitable
company
(the|The Directors ofthe charitable
company
(the|Charity)|Charity)|Charity)|are its Trustees for the purpose|are its Trustees for the purpose|of Charity|law.|
|---|---|---|---|---|---|---|---|---|---|
|The Trustees are proposed||and appointed
by|the||Board ofTrustees at their meetings|||throughout|the year|
|or otherwise at the Annual||General
meeting.||||||||
|Trustees/Directors:||Steve Porcher||||||||
|||Ross Erlam||||||||
|||Simon Trevor Eastburn||||||||
|||Paul David Stonehouse||||||||
|||Jeanette Truelove||||||||
|||Rhiannon
Jane Dowdall||||||||
|||Elizabeth
Christine|Hegarty|||(Appointed|2.11.2020)|||
|||Ross Erlam||||||||
|Registered|Oflice:|Room 142, North Wing||||||||
|||Terminal 3, Heathrow||Airport||||||
|||Hounslow||||||||
|||Middlesex TW6 1BZ||||||||
|Registered|Number:|02056086||||||||
|Accountants:||Cole fk Co Chartered||Accountants||||||
|||400 Harrow
Road||||||||
|||London W9 2HU||||||||
|Bankers:||Barclays Bank Pic||||||||
||Cardinal
Point, Heathrow||||Airport|||||
|||Hounslow||||||||
|||Middlesex TW6 2RA||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Donations|and Legacies|||6,472|4,415|
|---|---|---|---|---|---|---|
||Income from Charitable||Activities||490,397|460,381|
||Investment|income|||123|406|
||||||496,992|465,202|
||Expenditure|on Charitable||ActNities|(407,497)|(426,235)|
||Other||||(10,224)|(10,301)|
||||||(417,721)|(436,536)|
||||||79,271|28,666|
|Total|Funds Brought Forward||||169,443|140,777|
|Total|Funds Carried Forward||||248,714|169,443|
##
##
##
##
##
##
##
##
##
##
##
##
|Client|Reimbursement|1,316|1,792|
|---|---|---|---|
|Other||5,156|2,623|
|||6,472|4,415|
|~rn:||||
|---|---|---|---|
|Heathrow
Airport||131,938|164,935|
|London Borough of Hillingdon||125,000|65,500|
|Foreign and Commonwealth|Office|233,459|229,946|
|||490,397|460,381|
##
|||||@22}|
|---|---|---|---|---|
|Salaries and National||Insurance|328,417|352,778|
|Pension|||44,709|49,920|
|Staff Training|||2,112|4,319|
|Travel and Subsistence|||2,470|2,370|
|Consultancy
Fees|||2,241|1,663|
|Assistance to Clients|||23,017|10,821|
||||402,966|421,871|
|Office Equipment|and|Supplies|571|404|
|Accountancy
Fees|||3,960|3,960|
||||4,531|4,364|
|EEL|||407,497|426,235|
|Staff costs incurred
during||the Year were:|||
|Wages
8LSalaries|||301,270|323,025|
|Social Security Costs|||27,147|29,753|
|Pension costs|||44,709|49,920|
||||373,126|402,698|
|Average
number of persons employed|||10||
##
##
##
##
|Changes
In the Fair Value of Plan A
March 2021|sset|s,||DeAned|Benefit O|bligation|and Net Liability|For the Year|Ended 31st|
|---|---|---|---|---|---|---|---|---|---|
||||||||||Net Asset /|
||||||||Asseh|Obligations|(Uablllty)|
||||||||QQHQ|Q9RD|QOSD|
|Fair Value of Plan Assets|||||||825|0|825|
|Present Value of Funded
Uabilities
Present Value of Unfunded
Uabilities|||||||0
0|920
0|(920)
0|
|Opening
Position asat31stMarch||2020|||||825|920|(95)|
|Service Cost:||||||||||
|Curient service Cost*||||||||71|(71)|
|Past Service Cost (Indudlng
curtailments)||||||||0|0|
|Effect ofSettlements||||||||0|0|
|Total Service Cost||||||||71|(71)|
|Net Interest:||||||||||
|Interest Income on Plan Assets|||||||19|0|19|
|Interest Cost on DeAned
BeneAt|Obligation||||||0|22|(22)|
|Total Net Interest|||||||19|22|(3)|
|Total Defined Benefit Cost Recognised||||ln Profit or (Loss)|||19|93|(74)|
|CashAows:||||||||||
|Partidpants'
Contributions|||||||16|16|0|
|Employer
Contributions||||||||0|44|
|Estimated
Benefits Paid|||||||(18)|(18)|0|
|Estimated
Unf'unded
BeneAts Paid|||||||0|0|0|
|Estimated
Contributions
in resp' of
Efiect of Business Combinations
and|||Unfunded
Disposals||BeneAts|Paid|0
0|0
0|0
0|
|Rqmcted Closing Position||||||||1,011|(125)|
|Re measurements:||||||||||
|Changes
in Rnandal
Assumptions|||||||0|360|(360)|
|Changes
In Demographic
Assumptkis|||||||0|19|(19)|
|Other Experience|||||||0|(13)|13|
|Return on Asseh exduding
amounts|||induded||in Net Interest||123|0|123|
|Total Remeasurements
Recognised
Income (OCI)||ln||Other|Comprehensive|||366|(243)|
|Fair Value of Plan Assets|||||||1,009|0|1,009|
|Present Value of Funded
Uabllitles|||||||0|1,377|(1,377)|
|Present Value of Unfunded
Uablllties**|||||||0|0|0|
|Closing Position asat31stMarch|2021||||||1,009|1+77|(368)|
|' The current service cost Includes an alkwvance||||for administration||expenses of0.8%of payroll.||||
|Changes
In the Fair Value of Plan Assets, Defined|Changes
In the Fair Value of Plan Assets, Defined|Changes
In the Fair Value of Plan Assets, Defined|Changes
In the Fair Value of Plan Assets, Defined|Changes
In the Fair Value of Plan Assets, Defined|Benefit ObllgaUon|Benefit ObllgaUon|and Net Uablllty|For the Year|Ended 31st March|2020.|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Net Asset|
|||||||||Assets|Obligations|/(Uablllty)|
|||||||||f(000)|K(000)|K(000)|
|Fair Value ofPlan Assets||||||||878|0|878|
|Present Value ofUablllUes||||||||0|1,010|(1,010)|
|Opening
Position asat31stMamh|||2019|||||878|1,010|(132)|
|Service Cost|||||||||||
|Current service Cost4'
Past Service Cost (Induding
curtailments)|||||||||108
0|(108)
0|
|El5ect ofSetUements|||||||||0|0|
|Total Service Cost|||||||||108|(108)|
|Net Interest|||||||||||
|Interest Income on Plan|Assets|||||||22|0|22|
|Interest Cost on Defined|Benefit|Obligation||||||0|26|(26)|
|Total Net Interest|||||||||26|(4)|
|Total Defined Benefit Cost|Recognised|||in Profit||or(lass)||||(112)|
|Cashflows:|||||||||||
|Partldpants'
ContrlbuUons||||||||19|19|0|
|Employer ContrlbuUons||||||||51|0|51|
|Estimated
Benefit Pakl||||||||(18)|(18)|0|
|Estimated
Unfunded
Benefits Pakl||||||||0|0|0|
|Estimated Contrlbutons|in rasped:||of Unfunded|||Benefits Paid||0|.0|0|
|ENect of Business Combinations||and||Disposals||||0|0|0|
|Expected Closing Position||||||||952|1,145|(193)|
|Re measurements:|||||||||||
|Changes
In Rnandal
Assumptions||||||||0|(140)|140|
|Changes
In Demographic|Assumptions|||||||0|(22)|22|
|Other Experience||||||||0|(63)|63|
|Return on Asseis exdudlng|amounts||Induded||In Net Interest|||(127)|0|(127)|
|Total Remeasurements
Recognised|||ln|Other|Comprehensive||Income (OCI)|(127)|(225)||
|Fair Value of Plan Assets||||||||825|0|825|
|Present Value of Funded
Uabilities
Present Value of Unfunded
UabiliUes**||||||||0
0|920
0|(920)
0|
|Qoslng PosNon asat 31stMarch 2020|||||||||920|(95)|
##
##
|Analysis of projected amoun|t to be charged to Ope|rating
Profit for|the Period to t|he 31st March 2022.|he 31st March 2022.|
|---|---|---|---|---|---|
|||Assets|Obligations|Net (Liability)/Asset||
|||f(000)|K(000)|f(000)|%of Pay|
|Projected Current Service|Cost*|0|118|(118)|(51.3%)|
|Past Service Cost including|Curtailments|0|0|0|0%|
|Effect ofSetUements||0|0|0|0%|
|Total Service Cost|||118|(118)|(S1.no)|
|Interest Income on Plan Asseh||21|0|21|9.1%|
|Interest Cost on Defined Benefit Obligation||0|29|(29)|(126%)|
|Total Net Interest Cost||21|29|(s)|(s.sv )|
|Total included
In Profit|and Loss|21|147|(126)|(54.SV)|
##
#
##
##
##