|
Company Limited by Guarantee
|
|
For the year ended
|
|
|
Company Limited by Guarantee
|
Financial Statements
|
Pages
|
|
Trustees' annual report (incorporating the director's report)
|
1 to 2
|
Chartered accountants report to the board of trustees on the preparation of the unaudited statutory financial statements
|
3
|
Statement of financial activities (including income and expenditure account)
|
4
|
Statement of financial position
|
5
|
Notes to the financial statements
|
6 to 10
|
|
Company Limited by Guarantee
|
Trustees' Annual Report (Incorporating the Director's Report)
|
Registered charity name
|
|
Charity registration number
|
|
Company registration number
|
|
Principal office and registered
|
4 Hill Street
|
office
|
London
|
W1J 5NE
|
|
|
||
|
||
|
||
|
(Appointed
|
|
Company secretary
|
|
Accountants
|
|
Chartered Accountants
|
|
Hyde House
|
|
The Hyde
|
|
Edgware Road
|
|
London
|
|
NW9 6LA
|
|
|
Charity Secretary
|
|
Company Limited by Guarantee
|
Chartered Accountants Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of
|
|
Company Limited by Guarantee
|
Statement of Financial Activities
|
(including income and expenditure account)
|
2018
|
2017
|
||
Unrestricted funds
|
Total funds
|
Total funds
|
|
Note
|
£
|
£
|
£
|
Donations and legacies
|
5
|
–
|
–
|
|
Investment income
|
6
|
|
|
|
---------
|
---------
|
-------------
|
||
Total income
|
|
|
|
|
---------
|
---------
|
-------------
|
||
Expenditure on charitable activities
|
7,8
|
|
|
–
|
---------
|
---------
|
-------------
|
||
Total expenditure
|
|
|
–
|
|
---------
|
---------
|
-------------
|
||
Net (losses)/gains on investments
|
10
|
|
|
(
|
---------
|
---------
|
-------------
|
|
Net (expenditure)/income and net movement in funds
|
(
|
(
|
|
---------
|
---------
|
-------------
|
|
Total funds brought forward
|
|
|
|
-------------
|
-------------
|
-------------
|
|
Total funds carried forward
|
|
|
|
-------------
|
-------------
|
-------------
|
|
|
Company Limited by Guarantee
|
Statement of Financial Position
|
2018
|
2017
|
||
Note
|
£
|
£
|
£
|
Investments
|
13
|
|
|
|
Cash at bank and in hand
|
–
|
|
|
----
|
--------
|
||
Net current liabilities
|
–
|
|
|
------------
|
-------------
|
||
Total assets less current liabilities
|
|
|
|
------------
|
-------------
|
||
Unrestricted funds
|
|
|
||
------------
|
-------------
|
|||
Total charity funds
|
14
|
|
|
|
------------
|
-------------
|
|||
|
|
Trustee
|
|
|
Company Limited by Guarantee
|
Notes to the Financial Statements
|
Unrestricted Funds
|
Total Funds 2018
|
Unrestricted Funds
|
Total Funds 2017
|
||
£
|
£
|
£
|
£
|
||
Donations
|
–
|
–
|
10,000,000
|
10,000,000
|
|
----
|
----
|
-------------
|
-------------
|
||
Unrestricted Funds
|
Total Funds 2018
|
Unrestricted Funds
|
Total Funds 2017
|
||
£
|
£
|
£
|
£
|
||
Income from listed investments
|
101,923
|
101,923
|
14,320
|
14,320
|
|
Bank interest receivable
|
48,455
|
48,455
|
16,449
|
16,449
|
|
Other interest receivable
|
–
|
–
|
2,217
|
2,217
|
|
---------
|
---------
|
--------
|
--------
|
||
|
|
|
|
||
---------
|
---------
|
--------
|
--------
|
||
Unrestricted Funds
|
Total Funds 2018
|
Unrestricted Funds
|
Total Funds 2017
|
||
£
|
£
|
£
|
£
|
||
Donations made
|
130,546
|
130,546
|
–
|
–
|
|
Administration
|
53,824
|
53,824
|
–
|
–
|
|
---------
|
---------
|
----
|
----
|
||
|
|
–
|
–
|
||
---------
|
---------
|
----
|
----
|
||
Activities undertaken directly
|
Grant funding of activities
|
Total funds 2018
|
Total fund 2017
|
||
£
|
£
|
£
|
£
|
||
Donations made
|
–
|
130,546
|
130,546
|
–
|
|
Administration
|
53,824
|
–
|
53,824
|
–
|
|
--------
|
---------
|
---------
|
----
|
||
|
|
|
–
|
||
--------
|
---------
|
---------
|
----
|
||
2018
|
2017
|
|
£
|
£
|
|
Grants to institutions
|
130,546
|
–
|
---------
|
----
|
|
Total grants
|
130,546
|
–
|
---------
|
----
|
|
Unrestricted Funds
|
Total Funds 2018
|
Unrestricted Funds
|
Total Funds 2017
|
||
£
|
£
|
£
|
£
|
||
Gains/(losses) on listed investments
|
(
|
(
|
|
|
|
---------
|
---------
|
--------
|
--------
|
||
2018
|
2017
|
|
£
|
£
|
|
2018
|
2017
|
|
No.
|
No.
|
|
Trustees
|
4
|
3
|
----
|
----
|
|
Cash or cash equivalents
|
Listed investments
|
Total
|
|
£
|
£
|
£
|
|
Cost or valuation
|
|||
At 1 January 2018
|
6,670,111
|
3,378,793
|
10,048,904
|
Additions
|
(6,670,111)
|
6,662,701
|
(7,410)
|
Fair value movements
|
–
|
(664,885)
|
(664,885)
|
------------
|
------------
|
-------------
|
|
At 31 December 2018
|
–
|
9,376,609
|
9,376,609
|
------------
|
------------
|
-------------
|
|
Impairment
|
|||
At 1 January 2018 and 31 December 2018
|
–
|
||
-------------
|
|||
Carrying amount
|
|||
At 31 December 2018
|
–
|
9,376,609
|
9,376,609
|
------------
|
------------
|
-------------
|
|
At 31 December 2017
|
6,670,111
|
3,378,793
|
10,048,904
|
------------
|
------------
|
-------------
|
|
At 1 January 2018
|
Income
|
Expenditure
|
Gains and losses
|
At 31 December 2018
|
|
£
|
£
|
£
|
£
|
£
|
|
General funds
|
10,075,486
|
150,378
|
(184,370)
|
(664,885)
|
9,376,609
|
-------------
|
---------
|
---------
|
---------
|
------------
|
|
At 1 January 2017
|
Income
|
Expenditure
|
Gains and losses
|
At 31 December 2017
|
|
£
|
£
|
£
|
£
|
£
|
|
General funds
|
10,133
|
10,032,986
|
–
|
32,367
|
10,075,486
|
--------
|
-------------
|
----
|
--------
|
-------------
|
|
Unrestricted Funds
|
Total Funds 2018
|
||
£
|
£
|
||
Tangible fixed assets
|
9,376,609
|
9,376,609
|
|
------------
|
------------
|
||
Unrestricted Funds
|
Total Funds 2017
|
||
£
|
£
|
||
Tangible fixed assets
|
–
|
–
|
|
Current assets
|
–
|
–
|
|
----
|
----
|
||
Net assets
|
–
|
–
|
|
----
|
----
|
||