2021-08-31-accounts

	Page
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers
Trustees'report	2-9
Independentauditors'reportonthefinancialstatements	10-12
Consolidatedstatementoffinancialactivities	13
Consolidatedbalancesheet	14
Charitybalancesheet	15
Consolidatedstatementofcashflows	16
Notestothefinancialstatements	17-36

Trustees	YRathbone
	RMFairbairn
Charityregistered
number	803577
Principaloffice	C/OLesterAldridgeLLP
	120Moorgate
	London
	EC2M6UR
Independentauditors	AdlerShineLLP
	CharteredAccountants
	AstonHouse
	CornwallAvenue
	N31LF
Bankers	HSBCBankPlc
	16KingStreet
	CoventGarden
	London
	WC2E8JF

24 June 2022

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
	Note	£	£	£	£
Incomefrom:
Othertradingactivities	3	-	4,577,263	4,577,263	4,422,368
Otherincome	4	-	12,577	12,577	52,001
Totalincome		-	4,589,840	4,589,840	4,474,369
Expenditureon:
Raisingfunds		-	4,494,554	4,494,554	4,390,543
Totalexpenditure		-	4,494,554	4,494,554	4,390,543
Netincomebeforetaxation		-	95,286	95,286	83,826
Taxation	8	-	(43,687)	(43,687)	(46,309)
Netmovementinfunds		-	51,599	51,599	37,517
Reconciliationoffunds:
Totalfundsbroughtforward		723	1,357,386	1,358,109	1,320,592
Netmovementinfunds		-	51,599	51,599	37,517
Totalfundscarriedforward		723	1,408,985	1,409,708	1,358,109

			2021		2020
	Note		£
Fixedassets
Intangibleassets	9		40,096		b,;i75
Tangibleassets	10		1,012,550		1,247,230
			1,052,646		1,253,545
Currentassets
Debtors	12	4,801,683		5,188,806
Cashatbankandinhand		941,406		745,033
		5,743,089		5,933,839
Creditors:amountsfallingduewithinone
year	13	(5,280,162)		(5,718,844)
Netcurrentassets			462,927		214,995
Totalassetslesscurrentliabilities			1,515,573		1,468,540
Creditors:amountsfallingdueaftermore
thanoneyear	14		(15,865)		(20,431)
Provisionsforliabilities			(90,000)		(90,000)
Netassetsexcludingpensionasset			1,409,708		1,358,109
Totalnetassets			1,409,708		1,358,109
Charityfunds
Restrictedfunds	17		723		723
Unrestrictedfunds	17		1,408,985		1,357,386
Totalfunds			1,409,708		1,358,109

			2021		2020
	Note		£		£
Fixedassets
Investments	11		11,183		11,183
			11,183		11,183
Currentassets
Debtors	12	67		67
Cashatbankandinhand		876		876
		943		943
Netcurrentassets			943		943
Totalassetslesscurrentliabilities			12,126		12,126
Netassetsexcludingpensionasset			12,126		12,126
Totalnetassets			12,126		12,126
Charityfunds
Restrictedfunds	17		723		723
Unrestrictedfunds	17		11,403		11,403
Totalfunds			12,126		12,126

	2021	2020
	£	£
Cashflowsfromoperatingactivities
Netcashusedinoperatingactivities	283,735	611,748
Cashflowsfrominvestingactivities
Purchaseofintangibleassets	(34,537)	(1,200)
Purchaseoftangiblefixedassets	(59,807)	(69,203)
Governmentgrantsreceived	12,577	52,001
HPinterestpaid	(1,288)	(1,579)
Netcashusedininvestingactivities	(83,055)	(19,981)
Cashflowsfromfinancingactivities
Newfinanceleases	(4,273)	(3,982)
Interestpaid	(34)	(652)
Netcashusedinfinancingactivities	(4,307)	(4,634)
ChangeincashandcashequivalentsintheYear	196,373	587,133
CashandcashequivalentsatthebeginningoftheYear	745,033	157,900
CashandcashequivalentsattheendoftheYear	941,406	745,033
Thenotesonpages17to36formpartofthesefinancialstatements

Unrestricted	Total
funds	funds
2021	2021
£	£
4,577,263	4,577,263

3.	Incomefromothertradingactivities(continued)
	Incomefromnoncharitabletradingactivities(continued)

	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Sales	4,422,368	4,422,368

	Unrestricted	Total
	funds	funds
	2021	2021
	£	£
Otheroperatingincome	12,577	12,577
	Unrestricted	Total
	funds	funds
	2020	2020
	£	£
Otheroperatingincome	52,001	52,001

	Group	Group
	2021	2020
	£	£
Wagesandsalaries	979,347	957,557
Socialsecuritycosts	121,934	118,201
Contributiontodefinedcontributionpensionschemes	19,328	18,965
	1,120,609	1,094,723

	Group	Group
	2021	2020
	No.	No.
Employees	45	46

		Group	Group
		2021	2020
		No.	No.
Intheband£120,001	-£130,000	1	7
Intheband£170,001	-£180,000	1	1

Taxation
	2021	2020
	£	£
Corporationtax
CurrenttaxonnetincomefortheYear	43,562	51,994
Adjustmentsinrespectofpreviousperiods	125	(5,685)
Taxationonnetincome	43,687	46,309

theUKof19%(2020-19%).Thedifferencesareexplainedbelow:
	2021	2020
	£	£
Netincomebeforetax	95,286	83,826
NetincomemultipliedbythestandardrateofcorporationtaxintheUKof19
(2020-19%).	18,104	15,927
Effectsof:
Expensesnotdeductiblefortaxpurposes,otherthangoodwillamortisation
andimpairment	-	1,440
DepreciationforYearinexcessofcapitalallowances	25,586	29,246
Increaseordecreaseinpensionfundprepaymentleadingtoan
increase/(decrease)intaxation	(3)	(304)
TotaltaxchargefortheYear	43,687	46,309

	Long-term
	leasehold	Plantand	Motor	Fixtures	Office
	property	machinery	vehicles	andfittings	equipment	Total
	£	£	£	£	£	£
Costorvaluation
At1September2020	656,652	447,246	35,302	323,743	1,200,355	2,663,298
Additions	-	24,511	-	-	35,296	59,807
At31August2021	656,652	471,757	35,302	323,743	1,235,651	2,723,105
Depreciation
At1September2020	252,501	336,308	17,651	258,940	550,668	1,416,068
ChargefortheYear	80,830	59,232	8,825	22,035	123,565	294,487
At31August2021	333,331	395,540	26,476	280,975	674,233	1,710,555
Netbookvalue
At31August2021	323,321	76,217	8,826	42,768	561,418	1,012,550
At31August2020	404,151	110,938	17,651	64,803	649,687	1,247,230

	Investments
	in
	subsidiary
	companies
Charity	£
Costorvaluation
At1September2020	11,183
At31August2021	11,183
Netbookvalue
At31August2021	11,183
At37August2020	17,183

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	£	£	£	£
Dueaftermorethanoneyear
Amountsowedbygroupundertakings	-	-	-	-
Otherdebtors	40,000	40,000	-	-
	40,000	40,000	-	-
Duewithinoneyear
Tradedebtors	3,735,460	3,591,239	-	-
Other debtors	806,082	1,343,219	67	67
Prepaymentsandaccruedincome	220,141	274,348	-	-
	4,801,683	5,188,806	67	67

	Group	Group
	2021	2020
	£	£
Tradecreditors	259,942	529,567
Corporationtax	43,562	51,994
Othertaxationandsocialsecurity	33,103	29,960
Obligationsunderfinanceleaseandhirepurchasecontracts	4,563	4,273
Othercreditors	196,019	17,999
Accrualsanddeferredincome	4,742,973	5,085,051
	5,280,162	5,718,844

	Group	Group
	2021	2020
	£	£
Netobligationsunderfinanceleaseandhirepurchasecontracts	15,865	20,431

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	£	£	£	£
Financialassets
Financialassetsmeasuredatfairvalue
throughincomeandexpenditure	941,406	745,033	876	876

Group
	2021	2020
	£	£
Atthebeginningoftheyear	90,000	90,000
	90,000	90,000

Thedeferredtaxliabilityismadeupasfollows:
	Group	Group
	2021	2020
	£	£
Acceleratedcapitalallowances	(90,000)	(90,000)
	(90,000)	(90,000)

Statementoffunds-cu	rrentYear
	Balanceat1				Balanceat
	September				siaugust
	2020	Income	Expenditure	Taxation	2021
	£	£	£	£	£
Unrestrictedfunds
GeneralFunds	1,357,386	4,589,840	(4,494,554)	(43,687)	1,408,985
Restrictedfunds
DorisBarryaward	723	-	-	-	723
Totaloffunds	1,358,109	4,589,840	(4,494,554)	(43,687)	1,409,708
Statementoffunds-priorYear
	Balanceat				Balanceat
	1September				31August
	2019	Income	Expenditure	Taxation	2020
	£	£	£	£	£
Unrestrictedfunds
GeneralFunds	1,319,869	4,474,369	(4,390,543)	(46,309)	1,357,386
Restrictedfunds
DorisBarryaward	723	-	-	-	723
Totaloffunds	1,320,592	4,474,369	(4,390,543)	(46,309)	1,358,109

	Balanceat1				Balanceat
	September				31August
	2020	Income	Expenditure	Taxation	2021
	£	£	£	£	£
Generalfunds	1,357,386	4,589,840	(4,494,554)	(43,687)	1,408,985
Restrictedfunds	723	-	-	-	723
	1,358,109	4,589,840	(4,494,554)	(43,687)	1,409,708
Summaryoffunds-priorYear
	Balanceat				Balanceat
	1September				37August
	2019	Income	Expenditure	Taxation	2020
		£	£	£	£
Generalfunds	1,319,869	4,474,369	(4,390,543)	(46,309)	1,357,386
Restrictedfunds	723			-	723
	1,320,592	4,474,369	(4,390,543)	(46,309)	1,358,109

		Restricted
	Restricted	funds-	Unrestricted	Total
	funds	classii	funds	funds
	2021	2021	2021	2021
	£	£	£	£
Tangiblefixedassets	-	-	1,012,550	1,012,550
Intangiblefixedassets	-	-	40,096	40,096
Debtorsdueaftermorethanoneyear	-	-	40,000	40,000
Currentassets	723	-	5,702,366	5,703,089
Creditorsduewithinoneyear	-	-	(5,280,162)	(5,280,162)
Creditorsdueinmorethanoneyear	-	-	(15,865)	(15,865)
Provisionsforliabilitiesandcharges	-	-	(90,000)	(90,000)
Difference	-	-	1	(1)
Total	723	-	1,408,986	1,409,709

Analysisofnetassetsbetweenfunds-prioryea	r
	Restricted	Unrestricted	Total
	runds	runds	runds
	2020	2020	2020
	£	£	£
Tangiblefixedassets	-	1,247,230	1,247,230
Intangiblefixedassets	-	6,315	6,315
Debtorsdueaftermorethanoneyear	-	40,000	40,000
Currentassets	723	5,893,114	5,893,837
Creditorsduewithinoneyear	-	(5,718,844)	(5,718,844)
Creditorsdueinmorethanoneyear	-	(20,431)	(20,431)
Provisionsforliabilitiesandcharges	-	(90,000)	(90,000)
	723	7,357,384	1,358,107

	Group	Group
	2021	2020
	£	£
Netincomefortheyear(asperStatementofFinancialActivities)	51,599	37,517
Adjustmentsfor:
Depreciationandamortisation	295,243	307,417
Interestpaid	1,322	2,231
Decrease/(increase)indebtors	387,120	102,399
Increase/(decreaseincreditors	(430,540)	202,680
Taxationcharge	43,687	46,309
Corporationtaxpaid	(52,119)	(34,804)
Governmentgrant	(12,577)	(52,001)
Netcashprovidedbyoperatingactivities	283,735	611,748

	Group	Group
	2021	2020
	£	£
Cashinhand	941,406	745,033
Totalcashandcashequivalents	941,406	745,033

	At1
	September		Newfinance	At31
	2020	Cashflows	leases	August2021
	£	£	£	£
Cashatbankandinhand	745,033	196,373	-	941,406
Financeleases	(24,704)	-	4,276	(20,428)
	720,329	196,373	4,276	920,978

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	£	£	£	£
Notlaterthan1year	816,909	677,000	-	677,000
Laterthan1yearandnotlaterthan5years	2,434,845	2,560,000	-	2,597,000
	3,251,754	3,237,000	-	3,274,000