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|||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|
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|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|
##
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##
||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||