2022-03-31-accounts - The Rutlish Foundation

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et	the qualifying condition	s to assist them i	n their educatio	n:-
				2022		2021
			No.		No.	E
On	first application		11	7,450	13	7,950
On	second application		12	7,950	13	7,700
On	third application		8	5,250	11	7,450
On	fourth and subsequent	application	2	1,450	2	1,500
			33	21,000	39	24,600

						2022	2021
			Unrestricted	Restricted	Endowment	Total	Total
		Notes	fund	fund 6	fund 6	funds I	fundsI
INCOME AND ENDOWMENTS
FROM
Donations		2	17,100			17,100	27,100
Investment income			81,054	7,084		88,138	89,269
Total			98,154	7,084		105,238	116,369
EXPENDITURE ON
Generating investment
income
Investment management	costs		18,577	3,171		21,748	17,310
			18,577	3,171		21,748	17,310
Charitable activities
Grants to individuals			25,100	450		25,550	26,000
SuppoK and governance	costs		31,523			31,523	41,306
Other charitable expenditure			(42,649)	(5,054)		(47,703)	122,509
Total			32,551	(1,433)		31,118	207,125
Net gains on inveslments					2,529,401	2,530,048	141,717
NET INCOME			65,603	9,164	2,529,401	2,604,168	50,961
RECONCILIATION OF	FUNDS
Total funds brought forward			214,741	62,390	6,544,918	6,822,049	6,771,088
TOTAL FUNDS CARRIED
FORWARD			280,344	71,554	9,074,319	9,426,217	6,822,049

					2022	2021
		Unrestricted	Restricted	Endowment	Total	Total
	Notes	fund E	fund 6	fund 6	funds 6	fundsI
FIXEDASSEIS
Tangible assets
Investments
Investments	10	227,188	71,554	574,318	873,060	832,593
Investment properly	11			8,500,000	8,500,000	6,000,000
		227,188	71,554	9,074,319	9,373,061	6,832,594
CURRENT ASSETS
Debtors	12	56,583			56,583	19,584
Cash at bank		42r&03			42,803	19r006
		99,386			99,386	38,59D
CREDITORS
Amounts falling due within one year	13	(46,230)			(46,230)	(49,t35)
NET CURllENT ASSETS		53,156			53,156	(10,545)
TOTAL ASSETS LESS
CURRENT LIABILITIES		280,344	71,554	9,074,319	9,426,217	6,822,049
		280,344	71,554	9,074,319	9,426,217	6,822,049
FUNDS	14
Unresbicted funds Restricted funds Endowment funds					28D,344 71,554 9,074,319	214,741 62,390 6,544,918
TOTALFUNDS					9,426,217	6,822,049

Independent	examiner's	remunera	tion, net of irrecoverable VAT, con	sisted of	:
						2022	2021
						E	E
Independent	examination					1,100	1,100
Accountancy						840	840
						1,940	1,940
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restdicted		Endowment	Total
			fund	fund		fund	funds
			I	E		E	E
INCOME AND ENDOWMEMS			FROM
Donations			27,100				27,100
Inveslment	income		82,200	7,069			89,269
Total			109,300	7,069			116,369
EXPENDITURE ON
Generating Investment	investment management	income costs 14,481		2,829			17,310
			14,481	2,829			17,310
Charitable	activities
Grants to individuals			25,70D		300		26,000
Support and	governance	costs	41,3D6				41,306
Other charitable expenditure			88,108	34,401			122,509

7.	COMPARATIVES FOR	COMPARATIVES FOR	THE STATEMENT OF	FINANCIAL ACTIVITIES - continued	FINANCIAL ACTIVITIES - continued	FINANCIAL ACTIVITIES - continued
				Unrestricted	Restricted	Endowment	Total
				fund E	fund	fund E	fundsf
	Tubs l			169,595	37,530		207,125
	Net gains on investments				6,558	135,159	141,717
	NET INCOME/(EXPENDITURE)			(60,295)	(23,903)	135,159	50,961
	RECONCILIATION	OF	FUNDS
	Total funds brought	forward		275,036	86,293	6,409,759	6,771,088
	TOTAL FUNDS CARRIED FORWARD			214,741	62,390	6,544,918	6,822,049
	The table above shows the figures as presented			in the 2020 acmunts.
8.	NET GAINS/(LOSSES)		ON INVESTMENTS
						2022f	2021
	Investment properties
	Other investments					30,047	141,717
						30,047	141,717
9.	TANGIBLE FIXED	ASSETS
							Freehold
							pioperty f
	COST
	At 1 April 2021 and	31 March 2022
	NET BOOKVALUE
	At 31March 2022
	At 31March 2021

12.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
					2022I	2021 6
	Other debtors				56,583	19,584
13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
					6	6
	Grants payable				4,500	350
	Other creditors				41,730	48,785
					46,230	49,135
14.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1/4/21 I	in funds 6	31/3/22 I
	Unrestricted funds
	Unrestricted fund			214,741	65,603	280,344
	Restricted funds
	Restricted fund			62,390	9,164	71,554
	Endowment funds
	Endowment fund			6,544,918	2,529,401	9,074,319
	TOTAL FUNDS			6,822,049	2,604,168	9,426,217
	Net movement in funds,	included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources 6	expended 6	losses I	in funds 6
	Unrestricted funds
	Unrestr icted fund		98,154	(32,551)		65,603
	Restricted funds
	Restricted fund		7,084	1,433	647	9,164
	Endowment funds
	Endowment fund				2,529,401	2,529,401
	TOTAL FUNDS		105,238	(31,118)	2,530,048	2,604,168