|||||Page||
|---|---|---|---|---|---|
|Report ofthe|Trustees|||||
|Independent|Examiner's|Report||||
|Statement of|Financial|Activities||||
|Balance Sheet||||||
|Notes to the|Financial Statements||5|to|9|
|Detailed Statement ofFinancial Activities||||10||





## 



## 

## 



## 

|Statement of Financial <br>for the Year Ended 31|Activities<br> December|2020||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|6||F|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies||||20,630||20,630|20,422|
|Charitable<br>activities||||||||
|Administration||||4,959||4,959||
|Other trading<br>activities||||14,249||14,249|23,077|
|Investment<br>income||||3||3|5|
|Total||||39,841||39,841|43,504|
|EXPENDITURE ON||||||||
|Raising funds||||450||450|702|
|Charitable<br>activities||||||||
|Cultural<br>Activities||||30,649||30,649|49,333|
|Total||||31,099||31,099|50,035|
|NET INCOME/(EXPENDITURE)||||8,742||8,742|(6,531)|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought|forward|||15,049||15,049|21,580|
|TOTAL FUNDS CARRIED FORWARD||||23,791||23,791|15,049|





|31 Dece|mber 2020|||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||F|F|
|FIXEDASSETS||||||||
|Tangible|assets||7|439||439|648|
|CURRENT ASSETS||||||||
|Debtors||||1,785||1,785|1,766|
|Cash at|bank and|in hand||28,050||28,050|16,023|
|||||29,835||29,835|17,769|
|CREDITORS||||||||
|Amounts|falling due within one year||9|(6,483)||(6,483)|(3,388)|
|NET CURRENT ASSETS||||23,352||23,352|14,401|
|TOTAL|ASSETS|LESSCURRENT|LIABILITIES|23,791||23,791|15,049|
|NET ASSETS||||23,791||23,791|15,049|
|FUNDS|||10|||||
|Unrestricted<br>funds||||||23,791|15,049|
|TOTAL|FUNDS|||||23,791|15,049|





## 

## 

## 

## 



|2.|OTHER|TRADING ACTIVITIES|||
|---|---|---|---|---|
||||31.12.20|31.12.19<br>f|
||Language<br>school||185|704|
||Cultural|activities|12,464|22,373|
||Overseas<br>visits||1,600||
||||14,249|23,077|
|3.|INVESTMENT INCOME||||
||||31.12.20|31.12.19|
||||E|E|
||Deposit|account interest|3|5|



## 

## 

## 

## 

|The average<br>monthly<br>number<br>o|femp|loyees<br>during<br>the year|was as follows:|||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|Administration||||2|2|
|No employees<br>received emoluments||in excess ofE60,000,||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
||||F|E|E|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations<br>and legacies|||20,422||20,422|
|Other trading<br>activities|||23,077||23,077|
|Investment<br>income|||5||5|
|Total|||43,504||43,504|
|EXPENDITURE ON||||||
|Raising funds|||702||702|
|Charitable<br>activities||||||
|Cultural<br>Activities|||49,333||49,333|
|Total|||50,035||50,035|
|NET INCOME/(EXPENDITURE)|||(6,531)||(6,531)|





|for t|he Year Ended 31 December|he Year Ended 31 December|he Year Ended 31 December|2020|2020|2020||
|---|---|---|---|---|---|---|---|
|6.|COMPARATIVES FOR|||THE STATEMENT OF FINANCIAL ACTIVITIES -continued||||
||||||Unrestricted|Restricted|Total|
||||||fund|fund|funds|
||||||f|E|F|
||RECONCILIATION|OF||FUNDS||||
||Total tunds brought||forward||21,560||21,580|
||TOTAL FUNDS CARRIED FORWARD||||15,049||15,049|
|7.|TANGIBLE FIXEDASSETS|||||||
||||||Fixtures|||
||||||and|Computer||
||||||fittings|equipment|Totals|
||||||F|E|F|
||COST|||||||
||At 1 January 2020 and|||||||
||31 December 2020||||10,752|2,354|13,106|
||DEPRECIATION|||||||
||At 1 January 2020||||10,662|1,796|12,458|
||Charge for year||||23|186|209|
||At 31 December 2020||||10,685|1,982|12,667|
||NET BOOK VALUE|||||||
||At 31 December 2020||||67|372|439|
||At 31 December 2019||||90|558|648|
||DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||31.12.20|31.12.19|
|||||||F|f|
||Other debtors|||||1,500|1,500|
||Prepayments|||||285|266|
|||||||1,785|1,766|





|for th|e Year Ended 31 December 2|e Year Ended 31 December 2|e Year Ended 31 December 2|e Year Ended 31 December 2|020|020|020|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|9.|CREDITORS: AMOUNTS||||FALLING|||DUE WITHIN ONE YEAR||||
|||||||||||31.12.20|31.12.19|
|||||||||||f|f|
||Taxation|and|social security|||||||2,744|1,746|
||Other creditors|||||||||3,739|1,642|
|||||||||||6,483|3,388|
|10.|MOVEMENT||IN FUNDS|||||||||
|||||||||||Net||
|||||||||||movement|At|
||||||||||At 1.1.20<br>F|in funds<br>f|31.12.20<br>f|
||Unrestricted||funds|||||||||
||General|fund|||||||15,049|8,742|23,791|
||TOTAL|FUNDS|||||||15,049|8,742|23,791|
||Net movement||in funds,|included|||in the above||are as follows:|||
||||||||||Incoming|Resources|Movement|
||||||||||resources<br>f|expended<br>f|in funds<br>f|
||Unrestricted||funds|||||||||
||General|fund|||||||39,841|(31,099)|8,742|
||TOTAL|FUNDS|||||||39,841|(31,099)|8,742|
||Comparatives||for movement|||in|funds|||||
|||||||||||Net||
|||||||||||movement|At|
||||||||||At 1.1.19<br>F|in funds<br>f|31.12.19<br>f|
||Unrestricted||funds|||||||||
||General|fund|||||||21,580|(6,531)|15,049|
||TOTAL|FUNDS|||||||21,580|(6,531)|15,049|
||Comparative||net movement||in|funds,||included|in the above are as follows:|||
||||||||||Incoming|Resources|Movement|
||||||||||resources<br>f|expended<br>f|in funds<br>f|
||Unrestricted||funds|||||||||
||General|fund|||||||43,504|(50,035)|(6,531)|
||TOTAL|FUNDS|||||||43,504|(50,035)|(6,531)|





## 

## 

|A curren|t yea|r 12months<br>and prior year|12 months<br>combined<br>position<br>is a|s follows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.1.19<br>f|in funds|31.12.20<br>F|
|Unrestricted||funds||||
|General|fund||21,580|2,211|23,791|
|TOTAL|FUNDS||21,580|2,211|23,791|



|above a|re as|follows:||||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||F|E|F|
|Unrestricted||funds||||
|General|fund||83,345|(81,134)|2,211|
|TOTAL|FUNDS||83,345|(81,134)|2,211|



## 



|Makor Charitable<br>Trust|||
|---|---|---|
|Detailed Statement of Financial Activities|||
|for the Year Ended 31 December 2020|||
||31.12.20|31.12.19|
||f|F|
|INCOME AND ENDOWMENTS|||
|Donations<br>and legacies|||
|Donations|20,630|20,422|
|Other trading activities|||
|Language<br>school<br>Cultural<br>activities|185<br>12,464|704<br>22,373|
|Overseas<br>visits|1,600||
||14,249|23,077|
|Investment<br>income|||
|Deposit account interest|||
|Charitable<br>activities|||
|Grants|4,959||
|Total incoming<br>resources|39,841|43,504|
|EXPENDITURE|||
|Other trading activities|||
|Language<br>School|450|702|
|Charitable<br>activities|||
|Wages<br>Other operating<br>leases<br>Insurance|19,879<br>2,500<br>836|21,938<br>9,577<br>750|
|Telephone|438|966|
|Postage and stationery<br>Advertising|2,130<br>129|1,972<br>801|
|Brochure design and printing||447|
|Travel and subsistence|1,200||
|Performers<br>and event costs|1,522|9,375|
|Hall hire||445|
|Films and books|359|192|
|Repairs and renewals<br>Computer costs<br>Depn offixtures<br>&fittings<br>Depn ofcomputer<br>equipment|217<br>23<br>186|327<br>697<br>30<br>186|
||29,419|47,703|
|Support costs|||
|Governance costs|||
|Accountancy<br>and legal fees|1,230|1,630|
|Total resources expended|31,099|50,035|
|Net income/(expenditure)|8,742|(6,531)|