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|Contents|Page|
|---|---|
|Reference and Administration|3-4|
|Trustees' Report|5-15|
|Trustee Responsibgities|1S-16|
|Auditors Report|17-19|
|Statement ofFinancial ActiNties|20|
|Balance Sheet|22|
|Cashflow Statement|23|
|Notes tothe Financial Statements|24-29|
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|||2020|2019|
|---|---|---|---|
|Unrestricted|Funds|6319,917|6310,080|
|Operating cost||E758,984|f716,154|
|Free cash in|terms ofmonths ofoperating cost|5.0||
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestri cled
funds|Restricted
funds|Total Funds|Total Funds|
||||Notes|||||
|INCOME||||||||
|Oonasons
and legacies||||315,207|63$,936|954,143|669,684|
|Trading income||||2,195||2,195|1,26D|
|Investment
income||||1.895||l.895|2,450|
|Total Income||||319,297|638,936|958,233|673,394|
|EXPENDITURE||||||||
|Fondraising
costs||||34,592|38,272|72,864|71,705|
|Charitable
acBvities||||274,868|411,252|686,12D|644,449|
|Total Expenditure||||BD9,460|449,524|758,984|716,154|
|NET (EXPENDITURE)||I INCOME AND NET MOVEMENT||||||
|IN FUNDS||||9,837|189,412|199,249|(42,760)|
|RECONCILIATION|OF FUNDS|||||||
|Total Funds brought||forward||310,080|151,378|461,458|504.216|
|TOTAL FUNDS CARRIED FORWARD||||318.817|340.790|660,767|461,458|
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||||||2019|
|---|---|---|---|---|---|
||||Unrestricted
funds|Restricted
funds|Total Funds|
|INCOME||||||
|Donations
and legacies|||314,056|355,628|669,684|
|Trading income|||1,260||1,260|
|Investment
income|||2,450||2,450|
|Total Inome|||317,766|355,628|673,394|
|EXPENDITURE||||||
|Fundraising
costs|||39,831|31,874|71,705|
|Charitable
activities|||339,720|304,729|644,449|
|Total Expenditure|||379,551|336,603|716,154|
|NET (EXPENDITURE)||IINCOME AND NET MOVEMENT||||
|IN FUNDS|||(61,785)|19,025|(42,760)|
|RECONCILIATION|OF FUNDS|||||
|Total Funds brought||forward|371,865|132,353|504,218|
|TOTAL FUNDS CARRIED FORWARD|||310,080|151,378|461,458|
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|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted
funds|Restricted
funds|Total Funds|Total Funds|
||Notes|2||||
|FIXEDASSETS||||||
|Tangible assets||2,114||2,114|5,33'I|
|CURRENT ASSETS||||||
|Debtors|12|43,515||43,815|40.325|
|Cash at bank and in hand||326,249|340,790|667,039|455,082|
|||370,064|340,790|710,854|495,408|
|CREDITORS||||||
|Amounts
falling due within one year|13|(52.261)||(52,261)|[39,287)|
|NET CURRENT ASSETS||317,803|340,790|858,593|456,121|
|TOTAL ASSETSLESSCURRENT LIABILITIES||318,817|340,790|660,707|461,458|
|NETASSETS||319,817|340,790|660,707|461,458|
|FUNDS||||||
|Unrestricted
funds|14|318.917||319,917|310,080|
|Restricted funds|'l4||340,790|340,790|151,378|
|TOTAL FUNDS||319,917|340,790|680.707|461,458|
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||FOR THE YEAR EICDED 30SEPT|EM|BER 2020|||
|---|---|---|---|---|---|
|||||2020|2019|
||||biotas|f||
||NET CASH FLOW PROVIDED BY|OPERATING||||
||ACllVITIES|||211,300|(57,014)|
||CASH FLOWS FRONI INVESTING|ACTIVITIES||||
||Interest received|||1,895|2,450|
||CASH FLOWS FROM FINANCING|ACTIVITIES||||
||Tangible Asset Additions|||(1,238)|(3,884)|
||NET CASH FLOW|||211.957|58,448|
||Change
in cash and cash equivalents||in the year|211,957|(58,448)|
||Cash and cash equivalents
atthe start||ofthe year|455,062|513,530|
||Cash and cash equivalents
at the end||ofthe year|667,039|455,082|
||NOTES TO THE GASHFLOW STATEMENT FOR THE YEAR ENDED 30SEPTEMBER 2020|||||
|1|RECONCILIATION
OF NET INCOME||TO NET CASH FLOW FROM OPERATING ACTIVITIES|||
|||||2020|2019|
|||||F.||
||Ivet movement
in funds for the year|||199,249|(42,760)|
||Interest received|||(1,895)|(2,450)|
||Depreciation|||4,461|4,155|
||(increase) / decrease
in debtors|||(3.489)|(17,377)|
||increase
/ (decrease)
in creditors|||12,974|1,418|
||Net cash flow from operating
activities|||211,300|57,014|
|2|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||
|||||2020|2018|
|||||f|f|
||Cash at bank and in hand|||667,039|455,082|
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|3.
DONATIONS|AND|L|EGACIE|S|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||E.|E|
|General dcnabons,
legacies and||||similar income|10,644|10M96|
|Grants receivable|||||911,341|648,978|
|Gifts in kind|||||32,158||
|Grants received,|induded||in the above, are as fosows;||||
||||||2020|2019|
||||||E|E|
|29th Ivlay 1961Trust|||||4.000||
|Bedfordshtre
lk Luton Community||||Foundation||4,600|
|Bishop Redford Trust|||||2,500||
|City Bridge Trust|||||238.250|229.950|
|The Dutvenon
Trust|||||35,000|35,000|
|Dunhig
Medical Trust|||||2,000||
|Essex Community|Foundation|||||31,880|
|Four Acre Trust||||||50,000|
|Gennochy
Trust||||||11.000|
|Garfield Weston|Foundauon||||||
|Hertfordshire
Community|||Foundation|||3,0N|
|John Egermsn
Foundation|||||30,NO|30,000|
|Lloyds Bank Foundation|||||20,100|57.100|
|Louary Wales|||||50,832|29.798|
|The London Community|||Foundaton|||650|
|Nomr net||||||10,0N|
|Osk Foundation|||||6,250|'I0,000|
|Pears Foundation|||||45,008|45000|
|Pmticus||||||30.000|
|Princess Anne Charky|||||4,008||
|Robertson Trust|||||22,NO|26,0N|
|Robert &Rosie Wright||Charilable||Trust|||
|Richmond
Parish|Lends||Chenty|||2.0N|
|The Mercer's Company|||||||
|Ttre Tlrrkrr Trtrst||||||35,000|
|UK Community
Faundations|||||||
|Other grants||||||4.000|
|||||||548,978|
|4. TRADING INCOME|||||||
||||||2020|2019|
||||||2|E|
|The Fore Mssrercless||Programme|||2,195|1.250|
|||||||1,260|
|5. INVESTMENT|INCOME||||||
||||||2020|2019|
||||||5|f|
|Bank interest receivable|||||||
|6. FUNDRAISII9GCOSTS|||||||
||||||2020|2019|
||||||5||
|Staff costs|||||84,874|70.374|
|Fundraising
costs||||||1.331|
|||||||71.705|
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|7.CHARITABLE|ACTIVITIES COSTS|ACTIVITIES COSTS|2020|2019|2019|
|---|---|---|---|---|---|
||||2|E||
|Satanas, emptoynent
costs and fees|||546,24$|508,248||
|Stalf travel and olhsc costs|||2,277||6.769|
|General ogice expenses|||52,475||41.925|
|Dirac! pro@st expenditure|||44,939||56,567|
|Depmcia5on oftangible||Fixed assets|4,460||4,155|
|Audit fee|||2.940||2,640|
|Trustee indemnily|insurance||1,476||1,581|
|Trustee meeting|costs||126||1,864|
|Consultants
fees|||31,181||20,700|
|Other cows||||||
|||||644,449||
|8.NET (EXPENDITURE) IINCOME||||||
||||2020|2D19||
||||6|E||
|These *restated|alter charging:|||||
|Audit Fees|||2,94D||2,640|
|Dapreclatimt|||||4.155|
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|10.STAFFCOSTS|||||
|---|---|---|---|---|
||||202D|2019|
||||5|E|
|Wages and salaries|- Gross||549,352|526,888|
|Sodal security costs|- Employers|Nl|50,783|45,087|
|Pension Costs|||11,$11|9,357|
|Total Employee costs|||611,947|561,132|
|COnSullenle
feeS paid|||||
|Total foes, salaries|end social|security coam|||
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||||||Fixtures|and|colhpumr||
|---|---|---|---|---|---|---|---|---|
||||||Fittings||EquiPhenl|Totats|
|||||||8|E|E|
|COST|||||||||
|At 1Odober 20'l9|||||1,010||20,080|21.098|
|Additions|||||||1.230|1,238|
|Diapoaels|||||||||
|At 30september|2020||||1|010|2'I 326|22 336|
|DEPRECIATIOIII|||||||||
|At1 October2019||||||748|15,013|15,761|
|Dieposals|||||||||
|Charge foryear||||||262|4199|4461|
|At 30September|202O||||1,010||19212|20222|
|NET BOOK VALUE|||||||||
|At 30September|2020||||||2 114|2 114|
|At 30September|2019|||||262|5075|5337|
|The computer
equipment||and furniture||are lmld for the Trust's own use toassist its wark.|||||
|12.DEBTORS:AMOUNTS|||FALLING|DUE WITHIN ONE YEAIt|||||
||||||2020|||2019|
||||||6|||5|
|Trade debtors|||||25,590|||32,400|
|Other debtors|||||7,910|||1,488|
|Prepaymenls||||||||6.438|
|13.CREDITORS.'|AMOUNTS FAt.LING DUE WITHIN ONE YEAR||||||||
||||||2020|||20'lg|
|||||||||f.|
|Tmde credtors|||||19,899|||11,939|
|Accrusts|||||17.733|||14,789|
|Taxation and social security|||||12,539|||7,465|
|Other credilors||||||||5.074|
|||||||||39.287|
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|14.MOVEMENT|IN FUNDS|IN FUNDS||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||2019|Nel||2020|
||||||||movemsnt|In||
||||||||funds|||
|||||||E|2|||
|Unrestricted
funds||||||||||
|General funds||||||310MO|9,$3T||319.917|
|||||||310MO|8|837|319917|
|Resulctecl funds||||||||||
|City Bridge Trust|- Strive|3||||19,231|26,636||45,SST|
|City Bridge Trust|- The Bridge Programme|||||53,2M|13,920||72,120|
|Gartiakl Weston|Foundation||(Wales)|||23 221|(23,221)|||
|Gartield Westan|Faundstion||(England)||||||150.000|
|Robenson
Trust||||||8.606|||a,50$|
|Homin at||||||6,440|(4,2M)||2,147|
|Mercer's Company|||||||||44,260|
|Essex Community|Foundation|||||31,$80|(23,190)||8,690|
|Bishop Redford Trust
Bedfordshire 6 Lulon Community||||F*umtation|||2,500||2.500|
|29ei May 1961Charitable||Trust||||||||
|Oak Foundation||||||||||
|Lotlery Wales||||||||||
|Gannochy
Trust||||||8800||||
|||||||151378|189412||340790|
|TOTALFUNDS||||||451 450|190240||660 707|
|Net movement
in|funds, included|||in the above are as follows:||||||
||||||Income|Expenditure|Transfers||Movement
in|
||||||||||tuiitls|
|||||||||E|2|
|Unrestricted
funds||||||||||
|General funds|||||319,297|(309,460)|||9.837|
|Restricted Iunds||||||||||
|City Bridge Trust|—Strive|3|||163.250|(136,614)|||26,036|
|City Bridgo Trust|-The Bndge Programme||||75,000|(56,0$9)|||18.920|
|Garlield Weston Foundation|||Biyales)|||(23,221)|||(23.221)|
|G artie ld Waston Foundation|||(England)||225,000|PS.OOO)|||150,0M|
|Robertson Trust|||||22,000|(22,000)||||
|Nominet
Mercer's Company|||||85.504|(4,293)
(41,244)|||(4,293)
44,260|
|Essex Community|Foundation|||||(23,190)|||(23,190)|
|Bishop Radforri Trust
Bedfordshire 6 Luton Community||||Foundation|2,500
4,600|(4,SDO)|||2,5M|
|29th xihy 196'i chantable||Trust|||4,000|(4,DOO)||||
|Oak Foundation|||||6,25D|(6,250)||||
|Lottery Wales|||||50.832|(M,832)||||
|Gannochy Trust||||||(2,200)|||(2,2M)|
|TOTAL FUNDS|||||S5$2$$758984||||169240|
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|||||2020|2019|
|---|---|---|---|---|---|
|||||Total Funds|Total Funds|
|INCOME||||||
|Donations and legacies||||||
|Donations,
legacies and|||similar income|10,644|10,496|
|Grants receivable||||911,341|648,978|
|Gifts in kind||||32,158|10,210|
|||||954,143|669,684|
|Trading income||||||
|Masterclaas fees||||2,195|1,260|
|||||2,195|1,260|
|Investment
income||||||
|Bank interest receivable||||1,895|2,450|
|||||1,895|2,450|
|Total income||||958,233|673,394|
|EXPENDITURE||||||
|Raising funds||||||
|Salaries and employment|||costs|64,874|70,374|
|Fundraising
costs||||7,990|1,331|
|||||72,864|71,705|
|Charitable
activities||||||
|Salaries, employment||costs and fees||546,246|508,248|
|Staff travel and other costs||||2,277|6,769|
|General office expenses||||52,475|41,925|
|Direct project expenditure||||44,939|56,567|
|Depreciation
oftangible|||fixed assets|4,460|4,155|
|Trustee indemnity|insurance|||1,476|1,561|
|Trustee meeting costs||||126|1,864|
|Audit fee||||2,940|2,640|
|Consukants
fees||||31,181|20,700|
|Other costs||||||
|||||686,120|644,449|
|Total expenditure||||758,984|716,154|
|Net (expenditure)|Iincome for the year|||199,249|(42,760)|