| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
387,500 | ||||
| Investment income |
26,475 | 12,574 | |||
| Total | 26,475 | 400,074 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Providing educational Donations Support costs |
opportunities | 75,000 13,500 7,692 |
50,000 17,340 13,296 |
||
| Total | 96,192 | 80,636 | |||
| NET INCOMEI(EXPENDITURE) | (69,717) | 319,438 | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought | forward | 3,318,448 | 2,999,010 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,248,731 | 3,318,448 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| CURRENT ASSETS | ||||
| Debtors Cash at |
bank | 3,252,773 | 77,517 3,244,086 |
|
| 3,252,773 | 3,321,603 | |||
| CREDITORS | ||||
| Amounts | falling due within one year | 10 | (4,042) | (3,155) |
| NET CURRENT ASSETS | 3,248,731 | 3,318,448 | ||
| TOTAL | ASSETS LESSCURRENT | LIABILITIES | 3,248,731 | 3,318,448 |
| NET ASSETS | 3,248,731 | 3,318,448 | ||
| FUNDS | ||||
| Unrestricted funds |
3,248,731 | 3,318,448 | ||
| TOTAL | FUNDS. | 3,248,731 | 3,318,448 |
| DONATIO | NS AND L |
EGACI | ES | |||
|---|---|---|---|---|---|---|
| 2020f | 2019 | |||||
| Donations | 310,000 | |||||
| Gift aid | 77,500 | |||||
| 387,500 | ||||||
| INVESTMENT INCOME | ||||||
| 2020f | 2019 f |
|||||
| Bank interest | 26,475 | 12,557 | ||||
| HMRC interest on Gift | Aid | 17 | ||||
| 26,475 | 12,574 | |||||
| GRANTS | PAYABLE | |||||
| 2020 | 2019 | |||||
| f | ||||||
| Providing | educational | opportunities | 75,000 | 50,000 | ||
| Grants payable to institutions | included | in the above: | ||||
| 2020 | 2019 | |||||
| f | ||||||
| Durham University Sidney Sussex College |
20,000 10,000 |
15,000 10,000 |
||||
| Cambridge | University | Foundation | 25,000 | 25,000 | ||
| Selwyn College | 20,000 | |||||
| 75,000 | 50,000 |
| 2020 f |
2019 f |
|
|---|---|---|
| Governance costs | ||
| Travel and subsistence Accommodation costs Audit fee Bank charges |
2,998 3,346 1,230 118 |
5,454 6,255 1,440 148 |
| 7,692 | 13,296 |
| The charity has no employees. | ||
|---|---|---|
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
||
| 2020 | 2019 | |
| f | ||
| Gift aid recoverable | 77,517 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||
| 2020 f |
2019 | |
| Accruals and deferred income |
4,042 | 3,155 |
| RELATED PARTY DISCLOSURES |