2020-12-31-accounts

				Page
Reference and administrative		details ofthe company,	its Trustees and advisers
Trustees' report				2-4
Trustees' responsibilities statement
Independent auditor's	report	on the financial statements		6-9
Statement ofhnancial	activities			to
Balance sheet
Statement ofcash flows				12
Notes to the financial	statements			13-21

					Unrestricted	Total	Total
					funds	funds	funds
					2020	2020	2019as restated
				Note	$	$	$
Income from:
Donations and	legames			3,14	63,310	63,310	10,950
Total income					63,310	63,310	10,950
Expenditure on:
Charitable activities
Donations to	Boston Unwersity				63,310	63,310	8,845
Other chantable		activities			3,590	3,590	5,353
Total expenditure					66,900	66,900	13,998
Net movement	in	funds before other recognised	gains		(3,590)	(3,590)	(3,048)
Net movement	in	funds			(3,590)	(3,590)	(3,048)
Reconcfilatlon	of	funds:
Total funds brought		forward			5,093	5,093	8,141
Net movement	in funds				(3,590)	(3,590)	(3,048)
Total funds carried forward					1,503	1,503	5,093

							2019as
					2020		restated
			Note		$		$
Fixed assets
Investments					135		135
Current assets
Debtors				1,441		1,334
Cash at bank	and	in hand		8,888		9,577
				10,329		10,911
Creditors: amounts		falling due within one year	8, 14	(8,961)		(5,953)
Net current	assets				1,368		4,958
Total net assets					1,503		5,093
Charity funds
Unrestncted	funds				1,503		5,093
Total funds					1,503		5,093

						2020	2019
					Note	$	$
Cash flows from operating		activities
Net cash	used in operating	activibes			10	(689)	8,826
Change	In cash and cash	equivalents	In	the year		(689)	8,826
Cash and	cash equivalents	at the beginning		ofthe year		9,577	751
Cash and cash equivalents		at the end	of	the year		8,888	9,577

				Total
		Unrestricted	Total	funds
		funds	funds	2019(as
		2020	2020	restated l
		$	$	$
Donations	&legacies	63,310	63,310	10,950

				Activities			Total
				undertaken		Total	funds
				directly	Support costs	funds	2019(as
				2020	2020	2020	restated)
				$	$	$	$
Expenditure				(466)	4,056	3,590	5,353
Donation	to	Ultimate	Parent	63,310		63,310	8,645
				62,844	4,056	66,900	13,998

			Alumni	Donation to		Total
			lectures and	Ultimate	Total	funds
			events	Parent	funds	2019(as
			2020	2020	2020	restated)
			$	$	$	$
Donation to Ultimate		Parent		63,310	63,310	8,645
Foreign exchange	gains and losses		(466)		(466)	(10,144)
			(466)	63,310	62,844	(1,499)
Total 2019			(10,144)	8,645	(1,499)

					Alumni	Alumni
					lectures	and	Total	Total
					events		funds	funds
						2020	2020	2019
						$	$	$
Meeting expenses								6,096
Equipment	rental							3,444
Other contracted		services						1,112
Auditors'	non audit costs					1,334	1,334	1,169
Auditors'	remuneration					2,660	2,660	3,592
Bank charges						62	62
						4,056	4,056	15,497
Auditor's	remuneration
							2020	2019
							$	$
Fees payable tc the company's			auditor for the audit cfthe company's	annual	accounts		2,660	2,700

6.	Fixed asset investments
		Investments	in
		subsidiary
		companies
			8
	Cost or valuation
	At 1 January 2020		150
	At 31 December 2020		150
	Impairment
	At 1 January 2020		15
	At 31 December 2020		15
	Net book value
	At 31 December 2020		135
	At 31 December 2019		135
	Subsidiary undertakings

Names					Holding
Boston University		USA (Europe) Limited			100'/o
EUSA (UK) Limited					100%
EUSA LLP					100'/
The finanmal	rixsults ofthe subsidmnes		for the year were
Names				Profit/(Loss)	Net assets
				8	8
Boston University		USA (Europe) Limited		(251,347	(5,082,795
				)	)
EUSA (UK)	Limited
				(3,623	(1,855
				)	)
EUSA LLP
				(838,576	(440,663
				)	)

					2020	2019
					$	$
	Due within		one year
	Amounts	due from group undertakings			1,441	1,334
					1,441	1,334
8.	Creditors:		Amounts	falling due within one year
						2019(as
					2020	restated)
					$	$
	Amounts	owed to group undertakings			2,281	2,360
	Accruals	and deferred		income	6,680	3,593
					8,961	5,953

	Balance et 1
	January 2020			Balance at 31
	(as restated)	Income	Expenditure	December 2020
	$		$	$
	5,093	63,310	(66,900)	1,503
				Balance at
	Balance at		As restated	31 December
1	January 2019	Income	Expenditure	2019
	$		$	$
	8,141	10,950	(13,998)	5,093

												2019(as
											2020	restated)
											$	$
											(3,590	(3,048
	Net expenditure		for the period			(as per Statement		of Financial	Activities)		)	)
	Adjustments		for:
	Decrease	in debtors										291,471
	Increase/(decrease)			in creditors							2,901	(279,597)
	Net cash	provided by/(used				in) operating	activities				(689)	8,826
11.	Analysis	ofcash and cash				equivalents
											2020	2019
											$	$
	Cash in hend										8,888	9,577
	Total cash and cash				equivalents						8,888	9,577
12.	Analysis	ofchanges			in net	debt
												At 31
										At 1 January		December
										2020	Cash flows	2020
											$	$
										$
	Cash at bank and in			hand						9,577	(689)	8,888
										9,577	(689)	8,888