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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent auditor's report to the members |
5 |
Statement of financial activities (including income and expenditure account) |
8 |
Statement of financial position |
9 |
Statement of cash flows |
10 |
Notes to the financial statements |
11 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Hallswelle House, |
office |
1 Hallswelle Road, |
London, |
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NW11 ODH |
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Company secretary |
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Auditor |
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Chartered accountants & statutory auditor |
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Hallswelle House |
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1 Hallswelle Road |
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London |
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NW11 0DH |
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Trustee |
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Company Limited by Guarantee |
Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
Hallswelle House |
1 Hallswelle Road |
London |
NW11 0DH |
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2019 |
2018 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Investment income |
6 |
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Total income |
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Costs of raising donations and legacies |
7 |
(
437) |
(
437) |
(
52,808) |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net expenditure and net movement in funds |
(
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(
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(
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------------ |
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------------ |
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Total funds brought forward |
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------------ |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Investments |
12 |
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Debtors |
13 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
14 |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Unrestricted funds |
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--------- |
--------- |
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Total charity funds |
15 |
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--------- |
--------- |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2019 |
2018 |
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£ |
£ |
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Net expenditure |
(614,823) |
(3,023,132) |
Adjustments for: |
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Dividends, interest and rents from investments |
(74,710) |
(359,455) |
Other interest receivable and similar income |
(
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(
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Interest payable and similar charges |
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(
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Changes in: |
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Trade and other debtors |
(
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Trade and other creditors |
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--------- |
------------ |
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Cash generated from operations |
(
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(
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Interest paid |
(
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Interest received |
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-------- |
------------ |
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Net cash used in operating activities |
(
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(
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-------- |
------------ |
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Dividends, interest and rents from investments |
74,710 |
359,455 |
-------- |
------------ |
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Net cash from investing activities |
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-------- |
------------ |
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Proceeds from loans from group undertakings |
(
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-------- |
------------ |
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Net cash (used in)/from financing activities |
(
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-------- |
------------ |
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
305,077 |
2,039,644 |
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Cash and cash equivalents at end of year |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Unrestricted Funds |
Total Funds 2019 |
Unrestricted Funds |
Total Funds 2018 |
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£ |
£ |
£ |
£ |
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Donations receivable |
1,975,200 |
1,975,200 |
1,497,500 |
1,497,500 |
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Unrestricted Funds |
Total Funds 2019 |
Unrestricted Funds |
Total Funds 2018 |
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£ |
£ |
£ |
£ |
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Income from listed investments |
2,210 |
2,210 |
2,105 |
2,105 |
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Deeds of covenant receivable |
72,500 |
72,500 |
357,350 |
357,350 |
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Bank interest receivable |
1 |
1 |
12,928 |
12,928 |
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-------- |
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-------- |
-------- |
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Unrestricted Funds |
Total Funds 2019 |
Unrestricted Funds |
Total Funds 2018 |
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£ |
£ |
£ |
£ |
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Costs of raising donations and legacies - Other type 1 |
(
437) |
(
437) |
(
52,808) |
(
52,808) |
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---- |
---- |
-------- |
-------- |
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Unrestricted Funds |
Total Funds 2019 |
Unrestricted Funds |
Total Funds 2018 |
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£ |
£ |
£ |
£ |
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Donations & grants |
2,655,294 |
2,655,294 |
4,952,016 |
4,952,016 |
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Support costs |
9,877 |
9,877 |
(6,193) |
(6,193) |
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Activities undertaken directly |
Support costs |
Total funds 2019 |
Total fund 2018 |
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£ |
£ |
£ |
£ |
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Donations & grants |
2,655,294 |
– |
2,655,294 |
4,952,016 |
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Governance costs |
– |
9,877 |
9,877 |
(6,193) |
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------- |
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2019 |
2018 |
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£ |
£ |
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Foreign exchange differences |
(437) |
(52,935) |
Fees payable for the audit of the financial statements |
9,000 |
9,000 |
------- |
-------- |
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Listed investments |
Shares in group undertakings |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 April 2018 and 31 March 2019 |
4,831 |
1,410 |
6,241 |
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------- |
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Impairment |
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At 1 April 2018 and 31 March 2019 |
– |
– |
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------- |
------- |
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Carrying amount |
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At 31 March 2019 |
4,831 |
1,410 |
6,241 |
------- |
------- |
------- |
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At 31 March 2018 |
4,831 |
1,410 |
6,241 |
------- |
------- |
------- |
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2019 |
2018 |
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£ |
£ |
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Amounts owed by group undertakings |
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Loans to other charities |
3,395,898 |
3,338,773 |
Other debtors |
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------------ |
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2019 |
2018 |
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£ |
£ |
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Amounts owed to group undertakings |
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Amounts owing to related undertakings |
3,549,029 |
2,864,648 |
Other creditors |
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At 1 April 2018 |
Income |
Expenditure |
At 31 March 2019 |
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£ |
£ |
£ |
£ |
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General funds |
824,208 |
2,049,911 |
(2,664,734) |
209,385 |
--------- |
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At 1 April 2017 |
Income |
Expenditure |
At 31 March 2018 |
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£ |
£ |
£ |
£ |
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General funds |
3,847,340 |
1,869,883 |
(4,893,015) |
824,208 |
------------ |
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Unrestricted Funds |
Total Funds 2019 |
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£ |
£ |
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Tangible fixed assets |
6,241 |
6,241 |
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Current assets |
3,786,031 |
3,786,031 |
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Creditors less than 1 year |
(3,582,887) |
(3,582,887) |
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------------ |
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Net assets |
209,385 |
209,385 |
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Unrestricted Funds |
Total Funds 2018 |
||
£ |
£ |
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Tangible fixed assets |
6,241 |
6,241 |
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Current assets |
3,724,427 |
3,724,427 |
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Creditors less than 1 year |
(2,906,460) |
(2,906,460) |
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------------ |
------------ |
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Net assets |
824,208 |
824,208 |
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------------ |
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