| ffncorporatlng Por The |
an Income and Expenditu Year Ended 31December |
re Account) 2020 |
|||
|---|---|---|---|---|---|
| 31.12.20 | 31,12.19 | ||||
| Uarestricted | Total | ||||
| funds | fbnds | ||||
| INCOME | ANDENDO~ FROM | Notes | 5 | ||
| Charitable | activities | ||||
| Charitable | 56,115 | 55,646 | |||
| Investment | moome | 354 | |||
| Total | 56,469 | 55,646 | |||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Charitable | 48460 | 53/16 | |||
| 7,609 | 2,330 | ||||
| RECONCILIATION | OF PUNDS | ||||
| Total funds | brought | forvrard | 89)019 | 86,689 | |
| TOTAI, FUNDS CARRIED FORWARD | 96,628 | 89,019 |
| Balance Sheet | |||
|---|---|---|---|
| 31December 2020 | |||
| 31,12,20 | 31.12.19 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets Investments |
156 I |
233 1 |
|
| 157 | 234 | ||
| CURRENT ASSETS Debtors Cash at bank |
1,671 102,001 |
1,732 97,196 |
|
| 103,672 | 98,928 | ||
| CREDITORS | |||
| Atnouots Sdling due within one year |
(7301) | (10,143) | |
| NET CURRENT ASSETS | 96,471 | 88,785 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES |
96)628 | 89,019 | |
| NET ASSETS | 96,628 | 89,019 | |
| FUNDS Unrestricted funds |
10 | 96)628 | 89,019 |
| TOTAL FUNDS | 96,628 | 89,019 |
| Ail trusteta are reimbursed |
for out ofpocket expenses | for out ofpocket expenses | for out ofpocket expenses | incurred | during | tho year in | the courso ofpursuing lho |
|---|---|---|---|---|---|---|---|
| activitios ofthe oharlty, m |
accordance | with the rohnbursemont | policy | oftho charity. | This is detailed m Board | ||
| meeting exponses inoluded |
in | governance | costs. | ||||
| The total expenses rehnbursed | to tho trustees were 81,471(2019 | - $2,667). | |||||
| COMPARATIVES FOR | TBKSTATEMENT OFFINANCIAL ACT~S | ||||||
| Unrestricted | |||||||
| thuds | |||||||
| INCOME ANDENDOWS PROM | |||||||
| Charitable activities |
|||||||
| Charitable | 55,646 | ||||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Charitable | 53,316 | ||||||
| NET INCOME | 2,330 | ||||||
| RECONCILIATION OF |
FUNDS | ||||||
| Total funds broaght forward | 86,689 | ||||||
| TOTAL FUNDS CARRIED | FORWARD | 89,019 |
| FMA Trading Ltd | |||
|---|---|---|---|
| Registered office: | |||
| Nature ofbusiness: training provider | |||
| M | |||
| Class ofshare; | holding | ||
| Ordinary | 100 | 31.12.20 | 31.12,19 |
| 40/26 | 21,247 |
| 8. | DEBTORS; | AMOUNTS FALLING DUE | AMOUNTS FALLING DUE | AMOUNTS FALLING DUE | WITHIN ONE YEAR | WITHIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||||||
| Prepayments | and accrued income | 1,671 | 1,732 | ||||||
| 9, | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | YEAR | ||||||
| 31.12.20 | 31,12.19 | ||||||||
| 8 | 6 | ||||||||
| Def)ared income | 5,000 | 6,720 | |||||||
| Aocrned expenses | 2)201 | 3,423 | |||||||
| 7,201 | 10,143 | ||||||||
| 10. | MOVEMENT IN FUNDS | ||||||||
| Net | Transfers | ||||||||
| movoment | between | At | |||||||
| At 1,1.20 | in | lbnds | funds | 31.12.20 | |||||
| f, | f. | ||||||||
| Unrestricted | funds | ||||||||
| General fimd | 89,019 | 7)609 | (5)000) | 91,628 | |||||
| Website Redevelopment | 5)000 | 5)000 | |||||||
| TOTAL~S | 89)019 89)019 |
7,609 | 96)628 96,628 |
||||||
| Net movement | in ibnds, included | in the above am as follows: | |||||||
| Resources | Movement | ||||||||
| expended | in f)mds | ||||||||
| Unrestricted | funds | ||||||||
| General fund | 56)469 | (48,860) | 7)609 | ||||||
| TOTAL FUNDS | 56)469 | (48,860) | 7)609 | ||||||
| Co)operatives | for movemeat | in | funds | ||||||
| Net | |||||||||
| mevomont | |||||||||
| At | 1.1.19 | in funds | 31.12.19 | ||||||
| f, | |||||||||
| Unrestricted | funds | ||||||||
| General fund | 86,689 | 2,330 | 89,019 | ||||||
| TOTAL FUNDS | 86,689 | 2,330 | 89,019 |
| Comparative | net movement in funds, include |
d in the above are as follows: |
||
|---|---|---|---|---|
| Incoming | Resouroes | Movemrnt | ||
| resources | expended | in funds | ||
| Unrestricted Geoeml fund |
funds | 55,646 | (53316) | 2,330 |
| TOTAL FUNDS | 55,646 | (53,316) | 2,330 |
| A current year | 12months and prior ye |
ar 12 months oombmed pos |
ition is as follow | s: | |
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | botween | At | |||
| At 1.1.19 | in fbnds | funds | 31.1220 | ||
| f. | |||||
| Unrestricted funds Geneml fund Website Redevelopment |
86,689 | 9,939 | (5,000) 5,000 |
91,628 5,000 |
|
| 86,689 | 9,939 | 96,628 | |||
| TOTAL FUNDS | 86,689 | 9,939 | 96,628 |
| as follows: | ||||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resowces | expended | in.funds | ||
| 8 | ||||
| Unrestricted General fund |
funds | 112,115 | (102,176) | 9,939 |
| TOTAL FUNDS | 112,115 | (102,176) | 9,939 |
| Detailed Statement ofFinancial Activities | |||
|---|---|---|---|
| For The Year Eaded 31December 2020 | 31.1220 | 31.12.19 | |
| 5 | |||
| INCOMK AND IINDOWMENTS | |||
| Invest)neat income Deposit account mterest |
354 | ||
| Charitable activities Membcm' Subscrlptlons |
56)115 | 55,646 | |
| Total incoming resources |
56)469 | 55,646 | |
| Charitable activities Postsgo and stationery Sundries Adndnistration Fee Professional Fees Subscriptions |
556 621 40,129 300 542 |
843 401 39,732 300 535 800 |
|
| Marketing | |||
| 42,148 | 42,611 | ||
| Support costs | |||
| Management Wobslte costs Insuumce Bank Charges |
11938 1,168 1,109 |
2,478 1,145 1,363 |
|
| 4,986 | |||
| Finance Depreciation oftangible |
fixed assets | 78 | 78 |
| Governance costs Accountancy foes Board, committeo dt FMC meeting |
1,779 640 |
1,779 3,862 |
|
| 2)419 | 5,641 | ||
| Total resources exponded | 53,316 | ||
| Net income | 7)609 |