| Contents | Pages | |
|---|---|---|
| Contents | ||
| Legal and Administrative | ||
| Report ofthe Trustees | ||
| Independent Examiner's |
Report | |
| Annual Accounts | ||
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 10-13 |
| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Income from donations Income from investments Total income |
and legacies | 4 5 |
4,992 34,146 39,138 |
24,874 31,522 56,396 |
||
| Expenditure on charitable Other expenditure Total expenditure |
activities | 6 7 |
29,001 56 29,057 |
40,298 58 40,356 |
||
| Net income | 10,081 | 16,040 | ||||
| Unrealised gains/(losses) |
on investment | assets | 95,740 | (41,590) | ||
| Net movement in funds |
105,821 | (25,550) | ||||
| Fund balance bought forward at 1 January | 952,966 | 978,516 | ||||
| Fund balance carried forward 31 December | 1,058,787 | 952,966 |
| 4. Income | from donations | and legacies | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | ||||
| Individual | donations | 4,046 | 4,563 | |
| Legacies | 18,616 | |||
| Donations | from The Sternians Association | 621 | ||
| Tax recoverable | 946 | 1,074 | ||
| 4,992 | 24,874 |
| 2021 | 2020 | ||
|---|---|---|---|
| Received from narrower range investments Received from wider range investments |
E 4,396 29,750 |
E 4,973 26,549 |
|
| 34,146 | 31,522 | ||
| 6. Expenditure on charitable activities |
|||
| 2021 | 2020 | ||
| Grants fortermly fees | E 29,001 |
40,298 |
| 31December | 2021 | 31December | 2020 | ||||
|---|---|---|---|---|---|---|---|
| Holding | Cost | Market | Holding | cost | Market | ||
| BLN Charities UN MsrG Charibond Narrower Range |
Bond | 34,895 92,089 |
62,529 117,947 180,476 |
value 64,102 111,584 175,686 |
34,895 92,089 |
62,529 117,947 180,476 |
value 68,743 115,554 184,297 |
| BLNCharities UN MSG Charifund COIFinvestment Wider Range |
Equity fund |
18,674 21,815 18,452 |
72,162 207,807 234,897 514866 |
133,595 339,491 383,583 856669 |
18,674 21,815 18,452 |
72,162 207,807 234,897 514,866 |
120,542 299,435 332,341 752,318 |
| Total Investments | 695342 | 1032355 | 695,342 | 936,615 |
| 2021 | 2020 | |
|---|---|---|
| Market value at 1January Additions, at cost Unrealised gains/(losses) on revaluation Market value at31 December |
8 936,615 95,740 1,032,355 |
E 938,205 40,000 (41,590) 936,615 |
| Historic cost at 31 December | 695,342 | 695,342 |
| 9. Summary ofnet assets | ||
| 2021 | 2020 | |
| E | 8 | |
| Investments Net current assets Net assets |
1,032,355 26,432 1,058,787 |
936,615 16,351 952,966 |