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2021-12-31-accounts

31.12.21 31.12.20
Unrestricted Restricted Tota
I
Total
funds funds funds funds
Notes E E E E
INCOME AND ENDOWMENTS FROM
Donations and legacies 31,359 10,000 41,359 10,627
Charitable activities
Lectures 2,413 2,413 4,696
Books and Pamplets 762 762 1,105
Temenos Academy Review 1,407 330 1,737 2,017
Foundation Courses 6,988 6,988 18,518
Investment income 16,080 16,080 17,713
Total 52,021 17,318 69,339 54,676
EXPENDITURE ON
Raising funds 5 6,397 13,273 19,670 16,650
Charitable activities
Lectures 72,142 72,142 70,496
Books and Pamplets 2,004 2,004 18
Temenos Academy Review 88 88 11,910
Other 4,081 4,081 3,581
Total 84,624 13,361 97,985 102,655
Net gains/(losses)
on investments
16,876 16,876 (8,367)
NET INCOME/(EXPENDITURE) (15,727) 3,957 (11,770) (56,346)
RECONCILIATION
OF FUNDS
Total funds brought forward 463,225 21,002 484,227 540,573
TOTAL FUNDS CARRIED FORWARD 447,498 24,959 472,457 484,227

31.12.21 31.12.20
Unrestncted Restricted Total Tota
I
funds funds funds funds
Notes E E E E
CURRENT ASSETS
Investments 10 394,936 23,757 418,693 446,645
Prepayments
and accrued income
458 140 598 595
Cash at bank and in hand 56,094 9,912 66,006 42,982
451,488 33,809 485,297 490,222
CREDITORS
Amounts
falling due within one year
11 (3,990) (3,990) (3,430)
NET CURRENT ASSETS 447,498 33,809 481,307 486,792
TOTAL ASSETS LESSCURRENT LIABILITIES 447,498 33,809 481,307 486,792
ACCRUALS AND DEFERRED INCOME 12 (8,850) (8,850) (2,565)
NET ASSETS 447,498 24,959 472,457 484,227
FUNDS 13
Unrestricted
funds
447,498 463,225
Restricted funds 24,959 21,002
TOTALFUNDS 472,457 484,227

2. DONATIONS AND LEGACIES AND LEGACIES
31.12.21 31.12.20
6 E
Donations 39,920 10,627
Legacies 1,439
41,359 10,627
3. FOUNDATION COURSES
31.12.21 31.12.20
E E
Foundation Courses 6,988 18,518
4. INVESTMENT INCOME
31.12.21 31.12.20
E E
Deposit account interest 5 69
Investment portfolio 16,075 17,644
16,080 17,713
S. RAISING FUNDS
31.12.21 31.12.2020
E E
Portfolio Management 4,654 5,020
Fundraiser
Other 15,016 11,480
6. SUPPORT COSTS
Management
2021 2020
E E
Administrative Services 51,480 51,480
Lecturer Fees/Expenses/Accommodation 2,594 4,416
Seminar Fees/Expenses/Accommodation 5,651 4,104
Office Supplies and Photocopies 326 548
60,051 60,548

31.12.21 31.12.20
E E
2,440 2,557

TANGIBLE FIXEDASSETS
Fixtures
and
fittings
E
COST
At 1January 2021and 31December 2021 1,281
DEPRECIATION
At 1January 2021and 31December 2021 1,281
NET BOOK VALUE
At 31December 2021
At 31December 2020

Current Asset Investment
E
At 01.01.21 446,645
Net capital withdrawn (60,862)
Capital appreciation 16,835
Income received 16,075
At 31.12.21 418,693
11. CREDITORS: CREDITORS: AMOUNTS AMOUNTS AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
E E
Trade creditors 887 750
Accrued expenses 3,103 2,680
3,990 3,430
12. ACCRUALS AND DEFERRED INCOME
31.12.21 31.12.20
E E
Accruals and deferred income 8,850 2,565
13. MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
E E E
Unrestricted funds
General
fund
437,359 (15,727) 421,632
Revaluation reserve 25,866 25,866
463,225 (15,727) 447,498
Restricted funds
Temenos Academy Review 16,472 10,242 26,714
Foundation Course 4,530 (6,285) (1,755)
21,002 3,957 24,959
TOTAL FUNDS 484,227 (11,770) 472,457
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General
fund
52,021 (84,624) 16,876 (15,727)
Restricted funds
Temenos Academy Review 10,330 (88) 10,242
Foundation
Course
6,988 (13,273) (6,285)
17,318 (13,361) 3,957
TOTALFUNDS 69,339 (97,985) 16,876 (11,770)

Net
movement At
At 1.1.20 in funds 31.12.20
E E E
Unrestricted funds
General
fund
490,029 (52,670) 437,359
Revaluation reserve 25,866 25,866
515,895 (52,670) 463,225
Restricted funds
Temenos Academy Review 27,466 (10,994) 16,472
Foundation Course (2,788) 7,318 4,530
24,678 (3,676) 21,002
TOTALFUNDS 540,573 (56,346) 484,227
Incoming Resources Gains and Movement
resources expended losses in funds
E E 6 E
Unrestricted
funds
General
fund
35,242 (79,545) (8,367) (52,670)
Restricted funds
Temenos Academy Review 916 (11,910) (10,994)
Foundation
Course
18,518 (11,200) 7,318
19,434 (23,110) (3,676)
TOTALFUNDS 54,676 (102,655) (8,367) (56,346)

Net
movement At
At 1.1.20 in funds 31.12.21
E E E
Unrestricted funds
General fund 490,029 (68,397) 421,632
Revaluation reserve 25,866 25,866
515,895 (68,397) 447,498
Restricted funds
Temenos Academy Review 27,466 (752) 26,714
Foundation Course (2,788) 1,033 (1,755)
24,678 281 24,959
TOTAL FUNDS 540,573 (68,116) 472,457
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General fund 87,263 (164,169) 8,509 (68,397)
Restricted funds
Temenos Academy Review 11,246 (11,998) (752)
Foundation
Course
25,506 (24,473) 1,033
36,752 (36,471) 281
TOTALFUNDS 124,015 (200,640) 8,509 (68,116)

31.12.21 31.12.20
E E
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 39,920 10,627
Legacies 1,439
41,359 10,627
Foundation
Courses
Foundation
Courses
6,988 18,518
Investment
income
Deposit account interest 5 69
Investment
portfolio
16,075 17,644
16,080 17,713
Charitable
activities
Lectures and seminars 2,413 4,696
Book and pamphlet
sales
1,305 2,046
Temenos Academy
Review
sales 1,194 1,076
4,912 7,818
Total incoming resources 69,339 54,676
EXPENDITURE
Raising donations
and legacies
Website costs 624 430
Other trading activities
Foundation
Courses
14,392 11,200
Investment
management
costs
Portfolio management 4,654 5,020
Charitable
activities
Establishment 2,159 2,515
Office expenses 3,707 4,345
Publications 88 11,928
Sponsorship 2,004
7,958 18,788
31.12.21 31.12.20
E 6
Charitable
activities
Other
Travel 328 524
Insurance 696 142
Bank charges 64 114
Office expenses 315 123
Establishment —rent 2,678 2,678
4,081 3,581
Support costs
Management
Professional 60,618 60,548
Governance costs
Auditors'
remuneration
2,440 2,557
Accountancy and legal fees 3,218 531
5,658 3,088
Total resources expended 97,985 102,655
Net expenditure (28,646) (47,979)