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