| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
230 | 26,475 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Providing educational |
opportunities | 152,000 | 75,000 | ||
| Donations | 19,580 | 13,500 | |||
| Support costs | 7,306 | 7,692 | |||
| Total | 178,886 | 96,192 | |||
| NET INCOME/(EXPENDITURE) | (178,656) | (69,717) | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought | forward | 3,248,731 | 3,318,448 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,070,075 | 3,248,731 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| CURRENT ASSETS | ||||
| Cash at | bank | 3,072,312 | 3,252,773 | |
| CREDITORS | ||||
| Amounts | falling due within one year | (2,237) | (4,042) | |
| NET CURRENT ASSETS | 3,070,075 | 3,248,731 | ||
| TOTAL | ASSETSLESSCURRENT | LIABILITIES | 3,070,075 | 3,248,731 |
| NET ASSETS | 3,07D.075 | 3,248,731 | ||
| FUNDS | ||||
| Unrestricted funds |
3D70,075 | 3,248,731 | ||
| TOTAL | FUNDS | 3,070,075 | 324873.1, |
| Accrued income is recog | Accrued income is recog | nised at the settlement amount d |
nised at the settlement amount d |
nised at the settlement amount d |
nised at the settlement amount d |
ue. | ue. | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Creditors are recognised | where the charity has a present | obligation | resulting | from a past event that will probably | ||||||||
| result in the transfer |
of | funds to a third | party and the amount | due | to | settle | the obligation can be measured |
or | ||||
| estimated reliably. Creditors |
are normally | recognised at their settlement | amount. | |||||||||
| INVESTMENT INCOME | ||||||||||||
| 2021 | 2020 | |||||||||||
| F | F | |||||||||||
| Bank interest | 230 | 26,475 | ||||||||||
| GRANTS PAYABLE | ||||||||||||
| 2021 | 2020 | |||||||||||
| F | F | |||||||||||
| Providing educational |
opportunities | 152,000 | 75,000 | |||||||||
| Grants payable to institutions | included | in | the above: | |||||||||
| 2021 | 2020 | |||||||||||
| Durham University |
20,000 | 20,000 | ||||||||||
| Sidney Sussex College | 10,000 | 10,000 | ||||||||||
| Cambridge University |
Foundation | 25,000 | 25,000 | |||||||||
| Selwyn College | 97,000 | 20,000 | ||||||||||
| 152,000 | 75,000 |
| SUPPORT C | O | STS | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| F | ||||
| Governance | costs | |||
| Travel and subsistence | 2,512 | 2,998 | ||
| Accommodation Audit fee |
costs | 3,447 1,230 |
3,346 1,230 |
|
| Bank charges | 117 | 118 | ||
| 7,306 | 7,692 |