|CONTENTS||Page|
|---|---|---|
|Trustees'
Annual
Report||2—10|
|Independent
Auditors'
Report||11 —14|
|Statement ofFinancial Activities||15-16|
|Summary
Income and Expenditure|Account|17|
|Balance Sheet||18|
|Statement ofcash flows||19|
|Notes forming part ofthe Financial|Statements|20 —35|
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|Trustees:||||D.JPowell (Chairman)|D.JPowell (Chairman)|D.JPowell (Chairman)||
|---|---|---|---|---|---|---|---|
|||||A.C.Davies (Company|||Secretary)|
|||||T.D.Grieve||||
|||||J.N. Kingston||||
|||||E.J.Marsh||||
|||||W.P.Massey||||
|||||S.D.North (retired 18|||March 2022)|
|||||E.F.C.Small||||
|Charity Leader||||J.T.Preston||||
|Company||registered|number|03471812||||
|Charity|registered||number|1066832||||
|Registered||office:||45-47 Loft House||||
|||||College Road||||
|||||Bristol||||
|||||BS79FG||||
|Auditors:||||Mazars LLP||||
|||||Chartered
Accountants||||
|||||90Victoria Street||||
|||||Bristol||||
|||||Bsl 6DP||||
|Bankers:||||National
Westminster|||Bank Plc|
|||||32 Corn Street||||
|||||Bristol||||
|||||BSI IHQ||||
|Solicitors:||||Meade King||||
|||||Springfield
House||||
|||||45 Welsh Back||||
|||||Bristol||||
|||||BS14AG||||
|Investment||Maaagers||Sarasin & Partners,||||
|||||100St. Paul's|Churchyard,|||
|||||London||||
|||||EC4M 8BU||||
|||||Brewin Dolphin||Securifies||
|||||12 Smithfield|Street|||
|||||London EC1A9BD||||
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|Current
Year|||||||||
|---|---|---|---|---|---|---|---|---|
||||Vnrestrlc-|Unrestricted||Expendable|||
||||tcd General|Designated|Restricted|Endowment|||
||||Fuads|Feeds|Fuads|Fond|Total Funds|Total Faads|
||||2022|2022|2022|2022|2022|2021|
|||Note|8|||f|||
|Income and endowments|from||||||||
|Donarions and legacies|||79,466||1,030,635|47379|1,157380|(390,753|
|in vcsnncnts|||357,141||||357,141|373466|
|Charitable
Activities|||119,831||||119,831|116,352|
|Total income and endowments|||556,438||1,030,635|47379|1,634,352|1,780371|
|Expenditure
on|||||||||
|Raising Funds||6||||31,941|31,941|28317|
|||6,7|||||||
|Charttabic
acn'vi ries||8,9|511,607|35381|1,096,884||1,643,772|1,652343|
|Total Expenditure||6|511,607|35381|1,096,884|31,941|1,675,713|1,680,460|
|Nei gains/Posses)
on|||||||||
|invesnnents||12||||618,318|618,318|624,475|
|Ner incamel(expenditure)||18,19|44,831|(35381)|(66349)|633,656|576,957|724386|
|Transfers
between funds||20|(150315)|(99,785)|4,725|245375|||
|Other gainslPosses)||1330|59|535|||594|(4,779)|
|Nn' ma venteni infunds|||(105,325)|(134,531)|(61324)|878,931|577351|719,607|
|Totalfunds
brought||18,19|||||||
|forward||20|331,487|2376,4(5|169,370|11,785,777|14363,049|13,843,442|
|Totalfinuls carried||18,19|||||||
|forward||20|226,162|2,141,884|107,846|12,664,708|15,140,600|14,563,049|
##
||||Unl'estele|Ual' striated||Expendable||
|---|---|---|---|---|---|---|---|
||||ted General|Dmlgnated|Restricted|Endowment||
||||Feeds|Funds|Fuads|Fond|Total Funds|
||||2021|2021|2021|2021|2021|
|||Note||||||
|Income and eadowments|from|||||||
|Donations
and legacies|||64,982||1325,771||1390,753|
|investments|||373366||||373366|
|Charitable
Acriviries|||116,352||||116,352|
|Total Income and eadowments|||554,600||1325,77(||1,780371|
|Expendltureoa||||||||
|Raistng Funds||6||||283I7|28317|
|||6,7||||||
|Charitable
acrivtrirs||8,9|469319|35395|1,147,629||1,652343|
|Total Expeadlture||6|469,219|35395|1,147,629|28,217|1,680,460|
|Net gains)(tosses)
on||||||||
|invesanents||12||||624,475|624,475|
|Net income'(esfrenditure)||18,19|85381|(35395)|78,142|596358|724,386|
|Transfers between funds||20|(72316|(2316)||(170,000)||
|Other gains)(tosses)||1330|(2,982)|(1,797)|||(4,779)|
|Ner movementin
ftuuis|||254,615|(39,408)|78,142|426,258|719,607|
|Totalfunds brought||18,19||||||
|forward||20|76,872|2,315,823|91328|11,359,519|13,843,442|
|Totalfunds carried||18,19||||||
|forward||20|331,487|2,276,415|169,370|11,785,777|(4363,049|
||||||Unrestricted||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Income|Restricted|Income||
||||||Fuads|Fund|Funds|income Funds|
||||||2022|2022|2022|2021|
||||||8|8||8|
|income|||||556,438|1,030,635|1,587,073|1,780,371|
|Less: Total Expenditure|||||(546,888)|(1,096,884)|(1,643,772)|(1,652,243)|
|Transfers|(to)/from Expeadable||endowment|fund|(250,000)|4,725|(245,275)|170,000|
|Other Gains fiosses)|||||594||594|(4,779)|
|Net movement||in funds|||(239,856)|(61,524)|(301,380)|293,349|
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||||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||8||
|Net cash|provided
by (used In) operating||activities note 2||||(183,769)|(230381)|
|Cash flows from investing
activities:|||||||||
|Dividends|and interest||||||357,141|373,266|
|Purchase|ofproperty,
plant and equipment||||||(5,061)|(I365)|
|Computer|soibvare development
costs|||||||(2,600)|
|Investment
fees/property
fund|||||||(3,404)|(2,351)|
|Saleofquoted investments|||||||397,511|374,854|
|Capital
withdrawn
from investments||||||||170,000|
|Purchase|ofquoted investments
flom additional|||cash invested|||(143,588)||
|Purchase|ofquoted investments
lrom other||cash||||(398,931)|(387,603)|
|Purchase|ofunlisted
investmmts||||||(8,793)||
|Change in cash held for settlemeats|||||||(103,323)|7,616|
|Net cash|provkled
by (usod in) investing||activities||||91,552|531,917|
|Change|ln cash and cash equivalents|in tbe reporting|||period||(92317)|301,336|
|Cash and cash equivalents
at the beginning ofthe reporting||||||period|576,927|280370|
|Change|in cash aad cash equlvahstts|due to exchange|||rate movements||594|(4,779)|
|Cash and cash equivalents
at the end||of|the reporting||period||485304|57M27|
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|||||||||||Total Funds||Total Fonda|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022||2021|
|||||||||||f||f|
|Net income/(expenditure)||||for|tbe reporting|||perkd (as per the statement offinancial|||||
|sctlvitlm)||||||||||576857||724486|
|Adjustments||for:|||||||||||
|Dqtreciation||and amottisation|||charges|||||35381||35395|
|(Gains)/losses||on investments||||||||(618318)||(624,475)|
|Defaults
/k|provisions|||||||||714||(249)|
|Investment|fees|||||||||31,941||28317|
|Exchange rate losses/ (gains) on||||||PR investments||||(535)||1,797|
|Mortgages||||||||||||(2,575)|
|Microfmance||repaid||||||||17,417||7,109|
|Mortgage repaid||||||||||87350|||
|Dividmds
and interest||||||||||(357,141)||(373366)|
|(Increase)/decrease|||in stocks|||||||701||214|
|(Increase)/dcctcam|||in debtors|||||||5,994||7,309|
|Increase/(decrease)|||in credittxs|||||||35,970||(34,443)|
|Net cash provided|||by (used la) operating||||activltks|||(183,769)||(230481)|
|Donatkns|and kgscles||||||||||||
|||||||||Un res|trkted||||
|||||||||General||Restrkted|Endowment|Total Funds|
|||||||||Funds||Funds|Funds|2022|
||||||||||||f|f|
|Donations|||||||||69,981|1,030,635||1,100,616|
|Legacies|||||||||9,485||47379|56,764|
|Total|||||||||79,466|1,030,635|47279|1,157380|
|Dosations|and legactes - prior|||||year|||||||
|||||||||Unrestricted|||||
|||||||||General||Restrkted|Endowment|Total Funds|
|||||||||Funds||Funds|Funds|2021|
||||||||||||f|f|
|Donations|||||||||42,429|1,219,113||146(~2|
|Legacies|||||||||22,553|6,658||29,211|
|Total|||||||||64,982|1,225,771||1290,753|
##
##
||||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|---|
||||||||General|TotalFuads|Total Funds|
||||||||Funds|2022|2021|
||||||||||f|
|Dividends
Receivable|||||||357,136|357,136|371419|
|Interest on cash deposits|||||||5|5|1,747|
|Total|||||||357,141|357,141|373,266|
|AII ofthe 2021 investment|||income was|in the Unrestricted|General Fund|||||
|income from charitable|||activities|||||||
||||||||Uarestrlcted|||
||||||||General|Total Fonda|Total Funds|
||||||||Funds|2022|2021|
||||||||||f|
|Rental Income|||||||104378|104378|99459|
|interest on Community||House Mongages|||||12,937|12,937|14,770|
|Family Records|||||||1,660|1,660|1,999|
|SaleofBooks|||||||856|856|24|
|Total|||||||119,831|119,831|116,352|
|All ofthe 2021 income||from charitable||activities was in the Unrestritxed||General Fund||||
|Analysis ofexpenditure|||by type|||||||
|||||||StaffCosts|Other Costs|Grants|Total|
|||||||2022|2022|2022|2022|
|||||||f|||f|
|Investmeot
Management|||Costs||||31,941||31,941|
|Cost ofraising funds|||||||31,941||31,941|
|Global Partnerships|(SKI)|||||39,946|36,896|1379376|1,356,118|
|Inspiring
Faith||||||51,477|48,740||100317|
|Nurturing
Families||||||18,944|12,942||31,886|
|Resourcing
Minisny||||||35,697|31,929||67,626|
|Transforming
Communities||||||5355|35,185|35,385|75,925|
|Governance|||||||12,000||12,000|
|Charitable
Activities||||||151,419|177,692|1,314,661|1,643,772|
|Total expenditure||||||151,419|209,633|1,314,661|1,675,713|
##
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||||||||||StaffCosts
Other Costs|StaffCosts
Other Costs|StaffCosts
Other Costs|Grants|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2021||2021|2021|
||||||||||||||f|
|Investment
Management
Costs|||||||||||28317||28217|
|Cost ofraising fuads|||||||||||28317||28217|
|Global Partnetships
(SKI)|||||||||40327||29,360|1285,421|1355,008|
|Inspiring
Faith|||||||||32314||29,166||61,380|
|Nurturing
Families|||||||||14,129||7,814||21,943|
|Resourcing
Ministry|||||||||25210||20,499||45,709|
|Transforming
Communities|||||||||13360||40,689|75,403|129,652|
|Governance|||||||||17,179||21,372||38,551|
|Charitable
Activities|||||||||142419||148,900|1,360,824|1,652343|
|Total expeadlture|||||||||142419||177,117|1,360,824|1,680,460|
|SKIincluding
Orphans ofthe World||is the continuation|||ofthe wmk formerly|||carried on by the SKI||trust.|Its work|is to provide grants, support and||
|encouragemeut
to those involved|in Christian||work and||education
both in the|||UK|and overseas. It has an||emphasis|on wwk amongst childrea
and||
|in particular
orphans
and widows.||||||||||||||
|||||||||||||2022|2021|
|||||||||||||8||
|Grants to 109(2021:125)individual||Christian|worktss|||||||||676365||
|Grants above f5,000 to Organisations||(details|below,|where||grants were|above f5,000 in the current|||or preceding||||
|period)||||||||||||517,084|530887|
|Grants below f5,000to Organisations||||||||||||67,882|60,195|
|Defaults and exchange (gains)/ losses||for Programme||rdated||investments|(see|note 13)||||179|1,548|
|Total||||||||||||661616|6666|
|Groats to organisation
s above 85,000(details below, where grants|||||||were|above 85,000 ln either the|||current|||
|or prccediag period)||||||||||||2022|2021|
|Gospd ofKingdom Associates||||||||||||21416|22365|
|Rwandan
Orphan project||||||||||||74,128|71,782|
|Haven Home Orphanage||||||||||||64,120|49,639|
|25:40Romania||||||||||||21,906|24,066|
|Ebeaezer Children's
Centre||||||||||||30,145|32,777|
|Subtotal carried forward||||||||||||211,816|200329|
##
||SKI(continued)|||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||f||
||Subtotal brought
forward|||||211,816|200329|
||Bright Hope World|||||10,600|26,000|
||Shared Hope|||||22,000|30,000|
||Hebron Hostel Trust|||||12,952|13362|
||Afiica Naturally|||||9318|7,196|
||Casa Hogar Lamedas Pampa|||||3,748|5,445|
||UNIVlDA|||||3339|7,965|
||Hands at Work in A&ice-Bandeni|||||23,434|34,622|
||Hands at Work in Afiica||—Oshoek|||19,356|31369|
||Helping Them to Smile|||||21,004|8,110|
||Five Talents|||||10,000|10,000|
||Holland Wharf Girls Hostel|||||13,026|14,641|
||The Joseph Project|||||6,814|6,858|
||House ofHope|||||38,531|12,606|
||SSSNepal|||||11,072|8375|
||GTSSS|||||1,028|5,684|
||DFN UK|||||18,638|11333|
||New Victory Child Care|||||7322|8,710|
||Send aCow|||||14,633|16,060|
||Love Bristol|||||4380|7,190|
||Mongolia Community|Project||||4,141|18,115|
||Solid Rock international||Ministries|||28390|15,580|
||YWAM||||||23,739|
||CeHBED Orphanage|||||1,723|6,698|
||lntunationat
China Concern|||Ltd||7322||
||For Ethiopia|||||12399||
||Total|||||5 7.0I||
|8|Net income/(expenditure)|||||||
||This is afier (crediting)/charging:|||||2022|2021|
|||||||f|f|
||Depreciation/amortisation|||oftangible and intangible|fixed assets owned by the charity|35,281|35395|
||Auditors'
remuneration|||||2NO|.830|
##
##
|StaffCosts|||
|---|---|---|
||2022|2021|
|Wages and Salaries|138,083|128,958|
|Social Security costs|5,066|5383|
|Other Pension costs|8270|8478|
|Total|||
|Management|||
|Administranon|||
|Total|8|I|
|Intangible|Fixed Assets||Computer||
|---|---|---|---|---|
||||Software in|Total|
||||Developmest|2022|
|Cost ss at|I March 2021||15,200|15200|
|Cost as at|28 February|2022|15300|15300|
|Amortisstlon|||4360|4,560|
|Net Soak|Value as at 28||||
|February|2022||10,640|10,640|
|Net lhrok|Value as at 28||||
|Febrasry|2021||13,680|13,680|
##
##
|Tangible Fired Assets|||||||
|---|---|---|---|---|---|---|
|||Building||Furniture|||
||Land and|Plant &|Museum|Flatures
tk|Ofuce|Total|
||Buildings|Machinery|Content|Fittings|Equipment|2022|
||8||f|g|8||
|Cost as at 1March 2021|1,693,915|111,821|104,690|56,919|19,807|1,987,151|
|Additions|||||5,061|5,061|
|As at 28 February 2022|1,693,915|111,821|104,690|56,919|24,S68|1,992312|
|Accumulstmt
Depreciadon|||||||
|As at
1 March 2021|94,743|17,705|16376|11,935|13,846|154,S05|
|Charge for the year||11,182|10,469|5,692|4,898|32441|
|As at 28 February 2022|94,743|28,887|27,045|17,627|18,744|187,046|
|Net Book Value as at 28|||||||
|February
2022|1499,172|82J34|77,645|39492|6,124|1,805,166|
|Net BookValue as at 28|||||||
|Febraary 2021|1,599,172|94,116|88,114|44,984|5,962|1,832,348|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Listed investments|||||Total|Total|
|Market Value|||||f||
|As at I March 2021|||||4333,532|4,163,765|
|Sale Proceeds|||||(397,511)|(374,854)|
|Additions
from additional||cash invested|||143,588||
|Other Additions|||||398,931|383,486|
|Change
in cash htdd for settlements|||(from additional|cash invested)|106,412|(8381)|
|Costs ofmanaging
investments|||||(28,537)|(25,866)|
|Unrealised
valuation|nts|(loss)/gain|||63,349|148334|
|Reagsed net gain/(loss)|||||174,531|47,048|
|At 28 February 2022|||||4,794395|4,333332|
|Being:|||||||
|Investments
managed|by|Brewin Dolphin|||4,689,740|4,305,432|
|Cash held for settlements|||||104355|28,100|
||||||4,794495|4333432|
|Analysis ofInvestments|||||||
|UK Equities|||||1,427,806|1,464,515|
|UK Bonds|||||467,319|487,178|
|Overseas Equities|||||1,456,604|1,253,178|
|Overseas Bonds|||||127485|72,483|
|Othtu|||||1,315381|1,028,078|
|Total|||||4,794,295|4305,432|
|Historical cost ofmvestments|||||3,633,912|3,311,003|
||||||2022|2021|
||||||Total|Total|
|UnUsted
investments|||||f|f|
|As at I March 2021|||||7,458,388|7,194,412|
|Reduction
m otpital,|cash withdrawn||from investment|manage.||(170,000)|
|Purchase ofSarasin Alpha CIF for Endowments|||||8,793|4,117|
|Change
in cash held for settlemtnts|||||84|1,010|
|Unrealised
valuation|net|gain/(loss)|||377,265|428,849|
|At 28 February 2022|||||7,844,530|7,458,388|
|Fixed Asset Investments|(continued)|2022|2021|
|---|---|---|---|
|||Total|Total|
|||f|f|
|Sarasin Endowments
Fund|Class A Inc|6,194,524|6,024,790|
|Units in Property
Funds||1,646,033|1,429,709|
|Cash||3,973|3,889|
|Total value ofinvestments||7,844,530|7,458,388|
|||2022|2021|
|||Total|Total|
||||f,|
|Quoted Investments||4,689,740|4,305,432|
|Units in proptxty
funds||1,646,033|1,429,709|
|Sarasin Endowments
Fund|Class A Inc.|6,194424|6,024,790|
|Cash held for settlements||108,528|31,989|
|Total value ofinvestments||12,638,825|11,791 tt20|
##
||||||Community|||
|---|---|---|---|---|---|---|---|
|||||Mlerolinance|House|Total||
|||||Loans|Mortgages|2022||
|||||f|f|f||
|As at I March 2021||||22,935|409450|432,|185|
|Additions|(new loans)|||||||
|Exchange|rate gains (losses)|||535|||535|
|Amounts|repaid|||(17,417)|(87250)|(104,667)||
|Defaults|and provisions|(charged) credited to Charitable||||||
|actrvlttcs|.grants|||(714)||(714)||
|At 28 February 2022||||5339|322,000|327,339||
|Programme
relattxi investments|||consist of:|||||
##
||The follo|wing is a brea|kd|own ofP|rogramm|e
related investments
between fix|ed and current assets:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||f|f|
||Fixed Assets|||||||322,000|409,250|
||Current|Assets||||||5339|22,935|
||Total|||||||327339|32.173|
||Programme
Related||investments||-Prior Year|||||
|||||||||Community||
||||||||Mkroflnance|House|Total|
||||||||Lotms|Mortgages|2021|
||||||||f|f.||
||As at I March 2020||||||31492|406,675|438467|
||Additions
(new loans)|||||||2,575|2,575|
||Exchange rate gains (losses)||||||(1,797)||(1,797)|
||Amounts|repaid|||||(7,109)||(7,109)|
||Defaults|and provisions||(charged)|credited|to Charitable||||
||sett v1ties —grants||||||249||249|
||At 28 February 2021||||||22,935|409,250|432,185|
|14|Stocks|||||||||
|||||||||2022|2021|
||Total||||||||2.1|
|15|Debtors|||||||||
|||||||||2022|2021|
|||||||||f||
||Debtors|and prepaymmts||||||19,824|25,748|
||Income|tax recoverable||||||10377|10,347|
||Total|||||||30.101|36.18|
|16|Creditors: Amounts||falling due within|||one year||||
|||||||||2022|2021|
||||||||||f|
||Trade Cted2tots|||||||12477|14,789|
||Social Security and other taxes|||||||4,836|4,549|
||Accruals|and deferred|income|||||37333|18,452|
||Sundry|creditors and SKIgifis not|||yet paid|||72,466|50486|
||Other txeditors - pension|||obligation||||6,010|8,555|
||Total|||||||32.922|96, »|
##
|||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||8|
||Other creditors - pension oh|Iigatioo||||||||||25,264|en5|
|18|Movement
ln Unrestricted|Designated|||Funds|||||||||
||||||||||||Programme||Total|
|||||||||||Unrestrkted||Related|Un rcstrkted|
|||||||||||Fixed Asset|investment||Dmignatod|
|||||||||||Fund||Fund|Funds|
||||||||||||||K|
||As at I March 2021|||||||||1,846,026||430,389|2276,415|
||Transfer fiom (to) Unrestricted||Funds|||||||5,061||(17696)|(12435)|
||Transfer &om (to) Expendable||Endowment|||Fund||||||(87250)|(87250)|
||Nts incomct(expenditure)|||||||||(35381)|||(35281)|
||Other Gains (Losses)|||||||||||535|535|
||As at 28 Febraary 2022|||||||||1,815,806||326,078|2,141,884|
||The transfer from the Unrestricted|||Fund|to|the Unrestricted|Fixed Asset|Fund off5,061|represents|fixed asset additions||in the year.|The transfer to|
||the Expendable
Endowment|Fund||off87,250 is due to the|||full repayment|ofa mortgage|loan.|||||
||Movement
ln Unrestricted|Designated|||Feeds - Prior Year|||||||||
||||||||||||Programme||Total|
|||||||||||Unrestricted||Related|Unrestrkted|
|||||||||||Fixed Asset|Investmeot||Designated|
|||||||||||Fund||Fund|Funds|
||As at I March 2020|||||||||1,877,556||438267|2,315,823|
||Transfer from (to) Uotestricted||Funds|||||||3,865||(6,081)|(2416)|
||Net income/(expenditure)|||||||||(35,395)|||(35,395)|
||Other Gains (Losses)|||||||||||(1,797)|(1,797)|
||As at 28 February 2021|||||||||1,846,026||430,389|2376,415|
##
|||||||||Tbe Churches||Restricted||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||SKI|City Fand||Legacies|Total|
||||||||f|f||f|f|
|As at I March 2021|||||||71393|74,752||23,325|169370|
|Income &Endowments|||||||1,006,874|23,761|||1,030,635|
|Expenditure|||||||1,048,834|35,384||12,666|1,096,884|
|Transfer from Expendable|Endowment||Fund||||4,725||||4,725|
|As at 28 Febraary 2022|||||||34,058|63,129||10,659|107,846|
|SKl donor balances represent||amounts|given to the Charity||in the|year|ended 28 February
2021 for the work ofSKI||but not distributed||at 28|
|February 2021.The Churches||City Fund is a fund||directed|at social needs in Bristol such as food poverty and refugees|||||in which the Charity||
|partners
with Bristol churches.||The transfer from the Expendable||||Endowment
Fund represeats
10'/s oftbe legacies received overf15,000 which||||||
|were taken directly to the|Expendabk||Endowment|Fund. As explained|||in Note Icit is the trustees|practice to donate|1(P/v ofthese legacies to|||
|pressing
needs.||||||||||||
|Movement
ln Restrkted|Fands - Mar Year|||||||||||
|||||||||The Churches||Restrkted||
||||||||SKI|City Fund||Legacies|Total|
|||||||||||f|f|
|As at I March 2020|||||||60,031|8,197||23,000|91328|
|Income &Endowments|||||||1,077,155|141,958||6,658|1325,77(|
|Expenditure|||||||(1,065,893)|(75,403)||(6,333)|(1,147,629)|
|As at 28 February 2021|||||||71393|74,752||23325|169370|
##
##
|||Unrestricted|Unrestricted|||||
|---|---|---|---|---|---|---|---|
|||General|Desigasted|Restrkted|Endowment|TotslFunds|Total Funds|
|||Fuads|Funds|Funds|Fuads|2022|2021|
||||f||8||f|
|As st March 2021||331,487|2276,415|169,370|11,785,777|14463,049|13,843,442|
|Total income &endowments||556,438||1,030,635|47379|1,634352|1,780,371|
|Total expenditure||(511,607)|(35381)|(1,096,884)|(31,941)|(1,675,713)|(1,680,460)|
|Ntx gains/(losses)|on investments||||618318|618,318|624,475|
|Transfers between|funds|(150215)|(99,785)|4,725|245275|||
|Other Gains snd Losses||59|535|||594|(4,779)|
|As at 28 Febraary|2022|226,162|2,141,884|1072146|12,664,708|15,140,600|14,563,049|
|Movemeat
in sU Funds - Prior Year||||||||
||||Uarcstrletcll|Unrestrktcd||||
||||General|Designated|Restricted|Endowmeat|Total Funds|
||||Funds|Funds|Funds|Funds|2021|
||||8|||||
|As st March 2020|||76,872|2,315,823|91428|11359,519|13,843,442|
|Total mcome &endowments|||554,600||1,225,771||1,780371|
|Total expenditure|||(469219)|(35095)|(1,147,629)|(28217)|(1,680,460)|
|Net gams/(losses)|on investments|||||624,475|624,475|
|Transfers between|funds||172316|(2316)||(170,000)||
|Other Gains snd Losses|||(2,982)|(1,797)|||(4,779)|
|As at 28 February|2021||331,487|2476,415|169470|11,785,777|14~,049|
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