| 2021 | 2020 | |||
|---|---|---|---|---|
| All | Unrestricted | |||
| INCOME FllOM | ||||
| Donations | and legacies (Note 3) | 22,128 | 13,916 | |
| Investment | income | 14,224 | 17,585 | |
| Total | ~3352 | ~31501 | ||
| EXPENDITURE ON | ||||
| Charitable | activities (Nate 4) | 162,291 | 66,007 | |
| Other (Note 4) | ~34974 | 36169 | ||
| Total | ~197265 | ~102176 | ||
| Net income/(expenditure) before investment |
gains/(losses) | (160,913) | (70,675) | |
| Net gains / (losses) | on investments | n3 2 | L117583 | |
| NET INCOME / (EXPENDITURE) | (76,961) | (88,258) | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought | forward | 896,104 | 984,362 | |
| TOTAL FUNDS CARRIED FORWARD | 819,143 | 896p104 |
| 2021 | 2020 | ||
|---|---|---|---|
| INVESTMENTS (Note 5( | 792,887 | 865,665 | |
| CURRENT ASSETS | |||
| Debtors (Note 6) | |||
| Deposit Charities Official Investment | Fund | 19,856 | |
| Cash at bank | 6256 | 19098 | |
| 819,143 | 905,019 | ||
| Less LIABILITIES | |||
| Creditors and accruals (Note 7) | 8915 | ||
| NET CURRENT ASSETS | 19143 | 8~96 04 | |
| NET ASSETS | 819143 | &961 | |
| FUNDS | |||
| Unrestricted funds |
~8143 | ~896104 |
| 2021 | 2020 | ||
|---|---|---|---|
| Cash flows from operating | activities | ~175662 | ~83340 |
| Cash flow from investing | activities | ||
| Proceeds / (cost) | of investments | 148,720 | 7,722 |
| Dividends and interest |
14,244 | 17,585 | |
| Net cash flow from investing activities |
162964 | 25 307 | |
| Net cash used in financing | activities | ||
| Net increase/(decrease) in cash and cash equivalents |
(12,698) | (58,033) | |
| Cash and cash equivalents | at beginning ofyear | 3~8954 | ~96987 |
| Cash and cash equivalents | at end ofyear | 26256 | 8954 |
| The notes on a es 9to 11form art ofth se financial statements |
| 3. | ANALYSIS OF IN | CO | ME | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| E | |||||||
| Donations | 13,036 | 12,851 | |||||
| Gift Aid | 595 | 1,065 | |||||
| Legacies | 8,497 | ||||||
| Interest | 244 | ||||||
| Investment | income | 14,224 | 17,341 | ||||
| ~36352 | ~31501 | ||||||
| 4. | ANALYSIS OF EXPENDITURE | ||||||
| Grants payable | 158,631 | 64,845 | |||||
| Trustee meeting | expenses | 589 | |||||
| Office expenses | 872 | 227 | |||||
| Administration | contract | 12,739 | 10,727 | ||||
| Publicity and | promotion | 668 | 964 | ||||
| Lega Ifees | 4,742 | ||||||
| Accountancy | Fees | 2,000 | |||||
| Consultancy | fees and expenses | 9,733 | 8,750 | ||||
| Web development | & IT | 1,306 | 500 | ||||
| Bank charges | 3,660 | 1,162 | |||||
| Investment management |
fees | 7666 | 9670 | ||||
| ~197265 | ~12176 |
| 6 | DEBTORS |
|---|---|
| Tax refund |
| 2021 | 2020 |
|---|---|
| E | E |
| 7 | CREDITORS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | f | |||
| Administration | 5,965 | |||
| Grants | 2,950 | |||
| 8915 | ||||
| 8 | CONTINGENT | LIABILITIES | ||
| 2021 | 2020 | |||
| f | E | |||
| Anticipated | Repeat Grants | |||
| Existing Commitments | 232,989 | 190,040 |
| alance Sheet | |||
|---|---|---|---|
| Period to | |||
| 2020 | 28-Feb-21 | 2021 | |
| Actual F | Actual 6 | Budget E | |
| 865,665 | Investments | 848,385 | 818,975 |
| Current Assets | |||
| 19,856 | COIF Deposit account | 856 | 0 |
| 19,098 | Bank current account | 21,944 | 10,000 |
| 400 | Debtors 8 prepayments | 2,686 | 1,000 |
| 39,354 | Total | 25,486 | 11,000 |
| Current Liabilities |
|||
| 8,915 | Creditors &accruals |
5,076 | 1,000 |
| 8,915 | Total | 5,076 | 1 000 |
| 896,104 | Net Assets | 868,795 | 828,975 |
| Reserves | |||
| 984,362 | Opening Balance |
896,104 | 871,857 |
| (88,258) | Excess/(Deficit) for the Year | (27,309) | (42,882) |
| 996,104 | Total | 868,795 | 828,975 |
| Period 1 O | Period 1 O | ctob | e | r 2020to 28 | Februa 2021 |
||
|---|---|---|---|---|---|---|---|
| Income & | Expenditure Account |
||||||
| 2020 | Pediod to | 2021 | |||||
| 28-Feb-21 | Full year | ||||||
| Actual R | Actual E | Budget 8 | |||||
| Income | |||||||
| 13,916 | Donations | 7,214 | 26,260 | ||||
| 0 | Legacies | 0 | 0 | ||||
| 17,585 | Investment income |
5,715 | 17,672 | ||||
| 0 | Other | 0 | 100 | ||||
| 31,501 | Total | 12,929 | 44,032 | ||||
| ~Ex enditu e | |||||||
| 64,845 | Grants made | 67,007 | 60,000 | ||||
| 1,162 | Bank charges | 1,123 | 1,307 | ||||
| 227 | Office expenses | 38 | 278 | ||||
| 589 | Trustee expenses | 139 | 1,271 | ||||
| 0 | Travel | 0 | 500 | ||||
| 964 | Publicity and |
promotion | 652 | 1,000 | |||
| 10,727 | Administration | contract | 6,185 | 10,300 | |||
| 8,750 | Consultancy | fees | 5,833 | 15,000 | |||
| 4,742 | Professional | fees | 0 | 500 | |||
| 0 | Consultancy | &other admin | &expenses | 0 | 5,000 | ||
| 500 | Web Development | 8 IT | 682 | 500 | |||
| 9,670 | Investment management |
fees | 3,247 | 8,142 | |||
| 102,176 | Total | 84,906 | 103,798 | ||||
| 70,675 | Operating Surplus/(Deficit) |
for the Year | 71,977 | 59,766 | |||
| (17,583) | Profit / (Loss) on investments | 44,668 | 16,884 | ||||
| 88,258 | Surplus/(Deficit) for |
the Year | 27,309 | 42,882 |