| Trustees: | Mrs Armineh Carapeti —Chairperson |
||||
| Vernon Hovsepian |
—Vice-Chairman | ||||
| Vicken Couligian - Manchester | 8 North West Representative | ||||
| Hratch Tokatlian | |||||
| Mrs Anahid Khazarians |
|||||
| Stephen Mouradian |
|||||
| Simon Haroutunian | |||||
| Dr Melina Carapeti-Marootian | |||||
| Rev. Shnork Vardan Bagdassarian | |||||
| Mr Richard Mourad | Anooshian | ||||
| Charity No. | 1039331 | ||||
| Charity's | Principal Address: | 23 Norman Way |
|||
| London | |||||
| W3 OAS | |||||
| Independent | Examiner: | H Hampartsoumian | BA FCA | ||
| Hovnan &Co Ltd |
|||||
| Chartered Accountants |
|||||
| 106Ashurst Road |
|||||
| Cockfostere | |||||
| Barnet, EN4 9LG | |||||
| Bankers: | Lloyds Bank pic | ||||
| 112Kensington High Street |
|||||
| London | |||||
| W8 4SN |
| Restricted | Unrestricted | Total | Restricted | Unresbicted | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| Note | 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |
| 8 | 8 | 8 | 8 | 8 | 8 | ||
| Income and endowments | |||||||
| from: | |||||||
| Donations and legacies |
109,548 | 527,459 | 637,007 | 553,608 | 553,608 | ||
| Tax reclaim on gift aid Bank interest |
63,513 | 63,513 | 6,367 1 |
6,367 1 |
|||
| Total income | 109,548 | 590,972 | 700,520 | — | 559,976 | 559,976 | |
| Expenditure on: |
|||||||
| Charitable activities |
6 | 109,548 | 428,322 | 537,870 | 539,098 | 539,098 | |
| Total expenditure | 109,548 | 428,322 | 537,870 | 539,098 | 539,098 | ||
| Net movement in funds |
162,650 | 162,650 | 20,878 | 20,878 | |||
| Balance brought forward | |||||||
| at 1 July 2020 Balance carried forward |
36,325 | 36,325 | 15,447 | 15,447 | |||
| at30June 2021 | 198,975 | 198,975 | 36,325 | 36,325 |
| Statement ofCash | Flows for the year ended 30June 2021 | Flows for the year ended 30June 2021 | |
|---|---|---|---|
| Note | 2021f | 2020 6 |
|
| Net cash used in operating Change in cash and cash |
activities 8 equivalents in the year |
169,017 | 20,561 |
| Cash and cash equivalents | brought forward | 30,828 | 10,267 |
| Cash and cash equivalents | carried forward | 199,846 | 30,828 |
| 4. | Creditors and Accruals | 2021 | 2020 | |
|---|---|---|---|---|
| 8 | 6 | |||
| Professional fees | 870 | 870 | ||
| 870 | 870 | |||
| 5. | Grants | 2021 | 2020f | |
| Humanitarian aid to Artsakh |
418,424 | |||
| Argavand village kindergarten |
-Armenia | 97,720 | ||
| Aghtsk kindergarten —Armenia Schools consumables —Armenia |
7,919 12,915 |
31,033 2,536 |
||
| Hadrut Town Events Hall |
269,482 | |||
| Drinking Water Supply Paravakar Covid 19Project |
197,478 32,521 |
|||
| Gyumri Children's Home Furniture |
2,422 | |||
| 536,978 | 535,472 |
| 6. | Anal | ysis ofcharita | ble activities |
|||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |||
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| f | F | k | 8 | 8 | ||||
| Direct | charitable expense | 109,548 | 427,430 | 536,978 | 535,472 | 535,472 | ||
| Accountancy | fees | 864 | 864 | 864 | 864 | |||
| Bank charges | 28 | 28 | 192 | 192 | ||||
| Printing | 2,570 | 2,570 | ||||||
| 109,548 | 428,322 | 537,870 | 539,098 | 539,098 | ||||
| 7. | Analysis ofFunds | |||||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |||
| Funds | Funds | Funds | Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| 8 | E | 6 | 6 | |||||
| Fund balances at 30 | ||||||||
| June 2021 are | ||||||||
| represented | by: | |||||||
| Net Current Assets | 198,975 | 198,975 | 36,325 | 36,325 | ||||
| 198,975 | 198,975 | 36,325 | 36,325 |
| Notes | to the financial statements | to the financial statements | for the year ended 30June 2021 cont. | for the year ended 30June 2021 cont. |
|---|---|---|---|---|
| Reconciliation ofnet movement |
in | funds to net cash flow from operating | activities | |
| 2021 | 2020 | |||
| Net movement in funds |
162,650 | 20,878 | ||
| Decrease/(increase) in debtors |
6,367 | (317) | ||
| Increase/(decrease) in creditors |
||||
| Net cash used in operating activities |
169,017 | 20,561 |