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|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, Its Trustees and Advisers||
|Trustees' Report|||2-5|
|Independent
Auditors'|Report|on the Financial Statements|6-8|
|Statement ofFinancial|Activities|||
|Balance Sheet|||10|
|Statement ofCash Flows||||
|Notes to the Financial|Statements||12-26|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
||Note|2021|2021
6|2021f|2020
5|
|Income from:||||||
|Donations
and legacies|4|647,972||647,972|804,406|
|Other trading
activities|5|3,294||3,294|133,582|
|Investments|6|286,033||286,033|17,611|
|Total Income||937,299||937,299|955,599|
|Expenditure
on:||||||
|Charitable
activities|8|1,222,009||1,222,009|1,205,106|
|Total expenditure||1,222,009||1,222,009|1,205,106|
|Net movement
in funds||(284,710)||(284,710)|(249,507)|
|Reconciliation offunds:||||||
|Total funds brought
forward||6,075,062|118,036|6,193,098|6,442,605|
|Net movement
in funds||(284,710)||(284,710)|(249,507)|
|Total funds carried forward||5,790,352|118,036|5,908,388|6,193,098|
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||||||||2021|||2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||Nots||||6||||
|Fixed assets|||||||||||
|Tangible assets||||12|||979,600|||910,330|
|Investments||||13||||||520,621|
||||||||979,600|||1,430,951|
|Current assets|||||||||||
|Debtors: amounts|falling due|after more than|||||||||
|one year||||14|1,730,329|||2,260,157|||
|Debtors: amounts|falling due|within one year||14|753,832|||1,630,769|||
|Cash at bank and|in hand||||2,526,027|||1,028,388|||
||||||5,010,188|||4,9'l9,314|||
|Creditors: amounts|falling due within one||||||||||
|year||||15|(81,400 I|||(157,167j|||
|Net current assets|||||||4,928,788|||4,762,147|
|Total assets less|current liabilities||||||5,908,388|||6,193,098|
|Total net assets|||||||5,908,388|||6,193,098|
|Charity funds|||||||||||
|Restricted funds||||16|||118&036|||118,036|
|Unrestricted
funds||||16|||5,790,352|||6,075,062|
|Total funds|||||||5,908,388|||6,'l93,09S|
|The
financial|statements|were
approved
snd
authorised
for
issue
by
2P /~p
)~~~
and signed on their behalf by:|||||||the|Trustees
on|
##
||||2021||
|---|---|---|---|---|
|||Note|||
|Cash flows from operating
activities|||||
|Net cash used
in operating
activities||19|872,448|(302,374)|
|Cash flows from investing
activities|||||
|Dividends,
interests
and rents from investments|||286,033|17.611|
|Proceeds from the sale oftangible
fixed assets||||233,250|
|Purchase oftangible fixed assets|||(181,463)||
|Release of long term bank accounts
held as investments|||520,621|755,776|
|Net cash provided
by investing
activities|||625,191|1,006,637|
|Cash flows from financing
activides|||||
|Net cash provided
by financing
activities|||||
|Change
in cash and cash equivalents
in the year|||1,497,639|704,263|
|Cash and cash equivalents
at the beginning|ofthe year||1,028,388|324,125|
|Cash and cash equivalents
at the end of|the year|20|2,526,027|1,028,388|
|The notes on pages 12to 26form part ofthese financial statements|||||
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020|2020f|
|Donations
&|gifts|||696,069|696,069|
|Legacies||||96,621|96,621|
|HM Revenue|&Customs tax reclaimed|||11,716|11,716|
|||||804,406|804,406|
|Income from|other|trading|activities|||
|Income from|fundralslng||events|||
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021|2021|
|||||6||
|Rent income||||3,294|3,294|
|||||Unrestricted|roiai|
|||||funds|funds|
|||||2020|2020f|
|Rent income||||3,379|3,379|
|Profit on exchange rate fluctuations||||23, 'I 49|23,149|
|Income from|merged|trusts||14,303|14,303|
|Other income||||13,551|13,551|
|Profit on sale|offixed|assets||79,200|79,200|
|||||133,582|133,582|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
||||E|
|Investment|income|286,033|286,033|
|||Unrestricted|Total|
|||funds|funds|
|||2020f|2020f|
|Investment|income|17,611|17,611|
|||||Grants to|Grants to|Total|
|---|---|---|---|---|---|---|
|||||Institutions|Individuals|funds|
|||||2021
6|2021
f|2021f|
|Grants,|Relief|of|Poverty|62,505|800,710|863,215|
|||||Grants lo|Grants lo|Total|
|||||Institutions|individuals|funds|
|||||2020f|2020
f|2020
f|
|Grants,|Relief|of|Poverty|404,054|741,407|1,145,461|
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|||Grant|||
|---|---|---|---|---|
|||funding of|Support|Total|
|||activities|costs|funds|
|||2021|2021|2021|
|||f.|8|f.|
|Relief|ofPoverly|863,215|358,794|1,222,008|
|||Grant|||
|||funding oi|Support|Torsi|
|||activities|costs|funds|
|||2020|2020|2020f|
|Relief|ofPoverly|1,145,461|59,645|1,205,106|
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021
6|2020f|
||Support costs||||8,912|4840|
||Audit fees||||9,960|11,168|
||Accountancy|fees|||5,800|5,000|
||Professional|and Admin fees|||20,206|15,673|
||Finance costs||||274,624|786|
||Depreciation||||20,194|22,180|
||Loss on disposal offixed asset||||19,098||
||||||358,794|59,645|
|9.|Auditors'
remuneration||||||
||||||2021
6|2020f|
||Fees payable
accounts|to the Charity's|auditor for the audit ofthe Charity's|annual|9,960|8,700|
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||Freehold|Oifice||
|---|---|---|---|
||property
f|equipment
f|Totalf|
|Cost or valuation||||
|At1 July2020|1,018,000|4,091|1,022,091|
|Additions|181,463||181,463|
|Disposals|(115,000)||(115,000)|
|At 30June 2021|1,084,463|4,091|1,088,554|
|Depreciation||||
|At1 July2020|108,441|3,320|111,761|
|Charge for the year|20,040|154|20,194|
|On disposais|(23,001)||(23,001)|
|At 30June 2021|105,480|3,474|108,954|
|Net book value||||
|At 30June 2021|978,983|617|979,600|
|At 30June 2020|909,559|771|910,330|
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||Fixed Term|
|---|---|
||Deposit at|
||High Street|
||Bank|
|At1 July2020|520,621|
|Disposals|(520,621)|
|Net book value||
|At 30June 2021||
|At 30June 2020|520,621|
##
|Debtors||||
|---|---|---|---|
|||2021|2020f|
|Due after more than one year||||
|Other debtors||1,724,991|2,254,478|
|Loans lo charitable|Trusts|5,338|5,670|
|||1,730,329|2260,157|
|||2021
8|2020f|
|Due within one year||||
|Loans to charitable|Trusts|329,172|1,203,627|
|Loans made to beneficiaries||333,396|233,996|
|Money due in from|a legacy||04,838|
|Prepayrnents
and|accrued income|18,363|8,308|
|Other debtors||72,901||
|||753,832|1,630,769|
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|||2021f|2020|
|---|---|---|---|
|Other loans||50,000|138,425|
|Accruals and deferred|income|31,400|18,742|
|||81,400|157,167|
##
|Statement of|funds - current ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 'I||||30June|
|||July 2020
6|Income
f|Expenditure|f|2021
6|
|Unrestricted|funds||||||
|General Fund||6„075,062|937,299|(1,222,009)||5,790,352|
|Restricted funds|||||||
|Jamaica||118,036||||118,036|
|Totaloffunds||6,193,098|937,299|(1,222,009)||5,908,368|
|Statement of|funds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||30June|
|||1 July 2019
8|Income
6|Expenditure
f|2020
6|
|Unrestricted|funds|||||
|General Fund||6,101,018|955,599|(981,555)|6,075,062|
|Restricted funds||||||
|Argentina||223,551||(223,551)||
|Jamaica||118,036|||118,036|
|||341,587||(223,551)|118,036|
|Total offunds||5,442 605|955,599|(1,205,106)|6,193,098|
##
|Summary
offunds -current y|ear||||
|---|---|---|---|---|
|||||Balance at|
||Balance at 1|||30June|
||July 2020|Income
6|Expenditure|2021
6|
|Generalfunds|6,075,062|937,299|(1,222,009)|5,790,352|
|Restricted funds|118,036|||118,036|
||6,193,098|937,299|(1,222,009)|5,908,388|
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|Summary
offunds - prior year||||||
|---|---|---|---|---|---|
||||||Balance ai|
||Balance|at|||30June|
||1Juiy2019
6||income
E|Expenditure
6|2020
6|
|General funds|6,101,018||955,599|(981,555)|6,075,062|
|Restricted funds|341,587|||(223,551)|118,036|
||6,442,605||955,599|(1,205,106)|6,193,098|
|Analysis of net assets between|funds|||||
|Analysis ofnet assets between|funds - current year|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||||8|
|Tangible fixed assets|||979,600||979,600|
|Debtors due after more than one|year||1,730,329||1,730,329|
|Current assets|||3,161,823|118,036|3,279,859|
|Creditors due within one year|||(81,400)||(81,400)|
|Total|||5,790,352|116,036|5,908,388|
|Analysis of net assets between funds -prior ye|ar|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|Funds|funds|
||2020f|2020
6|2020f|
|Tangible fixed assets|910,330||910,330|
|Fixed asset investments|520,621||520,621|
|Debtors due after more than one year|2260,157||2260,157|
|Current assets|2,541,122|118,036|2,659, 158|
|Creditors due within one year|(157,168)||(157,168)|
|Total|6,075,062|118,036|6,193,098|
##
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|19.|Reconciliation
ofnet|movement
in funds|to net cash flow from operating|to net cash flow from operating|activities||
|---|---|---|---|---|---|---|
||||||2021|2020|
||Net expenditure
for the year (as per Statement ofFinancial|||Activities)|(284,710)|(249507)|
||Adjustments
for:||||||
||Depreciation
charges||||20,194|22,180|
||Loan revaluation||||(40,000)||
||Dividends,
interests
and rents from invest/nants||||(286,033)|(17,611)|
||Loss/(profit)
on the sale offixed assets||||19,098|(70,200)|
||Decrease/(increase)
in|debtors|||1,479,666|(212,887)|
||increase/(decrease)
in|creditors|||(35,767)|11,100|
||Conversion
ofinvestment
to grant|||||223,551|
||Net cash provided
by/(used
in) operating||activities||&72,448|(302,374)|
|20.|Analysis of cash and|cash equivalents|||||
||||||2021|2020f|
||Cash in hand||||2,526,027|1,028,388|
||Total cash and cash equivalents||||2,526,027|1,028,388|
|21.|Analysis ofchanges|in net debt|||||
|||||At 1 July||At 30June|
|||||2020|Cash flows|2021|
|||||6|6|6|
||Cash at bank and in hand|||1,028,388|1,497,639|2,526,027|
||Debt due within
1year|||(138,425)|88,425|(50,000)|
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