| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||||
| Income | |||||||
| Donations | and legacies | 123,365 | 124,435 | ||||
| Investments | 42 | 686 | |||||
| Total | 123,407 | 125,121 | |||||
| Expenditure | |||||||
| Charitable | Activities | 100,352 | 117,730 | ||||
| Total | 100,352 | 117,730 | |||||
| Net expenditure | and net movement | in funds | 23,055 | 7,391 | |||
| Fund balances | brought | forward | 155,022 | 147,631 | |||
| Fund balances | carried | forward | F178,077 | F155,022 |
| 3. | DONATIONS AND L |
EGACIES | ||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| 2021 | 2020 | |||||
| Covenanted donation |
(Note 14) | f123,365 | f124,435 | |||
| 4. | INVESTMENT INCOME | |||||
| Total | Total | |||||
| 2021 | 2020 | |||||
| Bank interest | f42 | F686 | ||||
| 5. | TANGIBLE FIXEDASSETS | |||||
| Office and | ||||||
| computer | ||||||
| equipment | ||||||
| Cost | ||||||
| At 1 July 2020 | 868 | |||||
| Additions | ||||||
| At 30June 2021 | 868 | |||||
| Depreciation | ||||||
| At 1 July 2020 | 868 | |||||
| Charge in year |
||||||
| At 30June 2021 | 868 | |||||
| Net book value | ||||||
| At 30June 2021 | ENII | |||||
| At 30June 2020 | fNil | |||||
| 6. | EXPENDITURE ON CHARITABLE | ACTIVITIES | ||||
| Direct | Support | Total | Total | |||
| Costs | Costs | 2021 | 2020 | |||
| F | F | F | ||||
| Sponsorship and fellowships |
87,388 | 87,388 | 100,500 | |||
| Secretarial honorarium |
10,000 | 10,000 | 10,960 | |||
| Travelling expenses |
308 | |||||
| Governance (Note 7) |
1,818 | 1,818 | 4,742 | |||
| Bank charges | 270 | 270 | 1,059 | |||
| Other expenses | 876 | 876 | 161 | |||
| F87,388 | f12,964 | F100,352 | F117,730 |
| CONTINUED | ||||
|---|---|---|---|---|
| 7. | GOVERNANCE COSTS | |||
| 2021 | 2020 | |||
| Auditor's remuneration |
1,818 | 1,740 | ||
| Trustees' travelling expenses |
3,002 | |||
| P1,818 | E4,742 | |||
| 8. | NET EXPENDITURE | |||
| 2021 | 2020 | |||
| Net expenditure for the year is |
stated after charging: | |||
| Auditor's remuneration |
F1,818 | F1,740 | ||
| 9. | TRUSTEES' REMUNERATION | AND EXPENSES |
| Research Publications Limited, a company incorporated and Wales. |
in Great Britain and registere | d in En |
|---|---|---|
| Shares | in group | |
| undertakings | ||
| COST | ||
| At 1 July 2020 and 30June 2021 | 100 | |
| NET BOOK VALUE | ||
| At 30June 2021 | 100 | |
| As at 30June 2020 | 100 |
| 11. | DEBTORS | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Covenant receivable |
F15,898 | F17,531 | ||||
| 12. | CREDITORS: Amounts falling |
due within one year | 2021 | 2020 | ||
| Other creditors | F1,764 | E3,450 | ||||
| Included in other creditors isfNil (2020: ENil) ofdeferred |
income. | |||||
| 13. | FUTURE FINANCIAL COMMITMENTS | |||||
| At 30June 2021 the Company | had agreed to provide sponsorship | and fellowships | as | follows: | ||
| 2021 | 2020 | |||||
| F | P | |||||
| Current commitments entered |
into by the Trustees | E63,000 | F40,500 |
| 2021 | 2020 | ||
|---|---|---|---|
| F | |||
| Turnover Cost ofSales |
306,363 | 307,743 | |
| 306,363 | 307,743 | ||
| Less: Overheads | 182,998 | 183,308 | |
| Net Profit | 123,365 | 124,435 | |
| Amount Covenanted |
to the Charity | 123,365 | 124,435 |
| Less: Taxation | |||
| Retained in Subsidiary |
FNII | ENil | |
| Net Assets at 30June 2021 | f10,885 | F10,885 |