| Contents ofthe Financial Statements | |||
|---|---|---|---|
| forthe year ended 31December2020 | |||
| Page | |||
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement offinancial Activities | |||
| Balance Sheet | |||
| Notes to the Hnancial Statements |
7 | to | 12 |
| Social Services and Relief | 269,406 |
|---|---|
| Medical Research and care | 92,611 |
| Religious | 88,858 |
| Cultural | 10,000 |
| Education | 48,002 |
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fnnds | fnnds | ||
| Notes | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
737,502 | 362,134 | |
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Grant Making and associated activities | 578,849 | 549,306 | |
| NET INCOME/(EXPENDITURE) | 158,653 | {187,172) | |
| RECONCILIATION OFFUNDS |
|||
| Total fimds brought fom anl | 47,209 | 234,381 | |
| TOTAL FUNDS CARRIED FORWARD | 205,862 | 47,209 |
| 31December 20 | 20 | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| Notes | ||||||
| CURRENT ASSETS | ||||||
| Cash at bank | 207,362 | 48,709 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | (1,500) | (1,500) | |||
| NKT CURRENT ASSETS | 205,862 | 47,209 | ||||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 205,862 | 47,209 | ||||
| NKTASSETS | 205,862 | 47,209 | ||||
| FUNDS | ||||||
| Unrestricted funds |
205,862 | 47,209 | ||||
| TOTAL FUNDS | 205,862 | 47,209 | ||||
| The financial stateme |
ts w | e approved | by the Board of Trustees | and authorised | for issue on .....,...........,.........X...L~ | |
| and were signed on i | beh | by: |
| GRANTS PAYABLE | ||||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Grant Making and associated activities | 508,877 | 481,862 | ||||
| Total grants paid during the year was as follows: | ||||||
| Designated | ||||||
| fuild | General fund | 2020 | 2019 | |||
| StYeghiche Armenian | Church Parish | 40,000 | 40,000 | 40,000 | ||
| Church property and liability insurance |
30,858 | 30,858 | 30,169 | |||
| Mission Enfrance | 10,140 | 10,140 | 10,364 | |||
| Foundation Nationale |
du Patrimonine | ( Beirut, Lebanon) | 78,874 | |||
| Give a child atoy | 20,000 | |||||
| Individual | 10,000 | 10.000 | 10,000 | |||
| Lebanese Maronite Order (Our Lady Lebanon) | 8,000 | 8,000 | ||||
| Chronic Care Centre | 82,611 | 82,611 | ||||
| Caring Foundation | 50,000 | 50,000 | ||||
| British Lebanese Association | 10,000 | 10,000 | ||||
| Chain ofHope | 10,000 | 10,000 | ||||
| Freight on Chairs for | Church | 441 | ||||
| Scholarships | 48,002 | 48,002 | 65,645 | |||
| Action Innocence | 209,266 | 209,266 | 191,368 | |||
| All Saints Church - Willian | 25,000 | |||||
| Humanatarian Aid Relief Trust |
10,000 | |||||
| 508,877 | 508,877 | 481,862 |
| Notes to the Financial Statements - continued | Notes to the Financial Statements - continued | Notes to the Financial Statements - continued | |||||
|---|---|---|---|---|---|---|---|
| forthe year ended 31December 2020 | |||||||
| 5. | STAFFCOSTS | ||||||
| 2020 | 2019 | ||||||
| Wages and salaries | 61,330 | 59$,10 | |||||
| Social security costs | 6,050 | 5,856 | |||||
| 67,380 | 65,066 | ||||||
| The average monthly | number | ofemployees | during the year was as follows: | ||||
| 2020 | 2019 | ||||||
| Chartiable activities |
2 | 2 | |||||
| No employees received emoluments |
in excess of160,000. | ||||||
| 6. | COMPARATIVES FORTHK STATEMENT OFFINANCIAL ACTIVfllES | ||||||
| Unrestricted | |||||||
| funds | |||||||
| INCOME AND ENDOWS | FROM | ||||||
| Donations and legacies |
362,134 | ||||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Grant Making and associated activities | 549,306 | ||||||
| NKT INCOME/(KX1%2VDITURE) | (187,172) | ||||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds bmught fonvanl | 234,381 | ||||||
| TOTAL FUNDS CARRIED FORWARD | 47,209 |
| CREDITO | RS: | AMOUNTS | FAL | LING DUE WITHIN ONE YEA | R | ||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Other creditors | 1,500 | 1,500 | |||||
| MOVEMKNT | IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.20 | in funds | 31.12.20 | |||||
| Unrestricted | funds | ||||||
| General fund | 24,333 | 24,333 | |||||
| Designated | fund | 22,876 | 158,653 | 181,529 | |||
| 47,209 | 158,653 | 205,862 | |||||
| TOTAL FUNDS | 47,209 | 158,653 | 205,862 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| Designated | fund | 737,502 | (578,849) | 158,653 | |||
| TOTAL FUNDS | 737,502 | (578,849) | 158,653 | ||||
| Compatatlves | formovement | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.19 | in funds | 31.12.19 | |||||
| Umestricted | funds | ||||||
| General fund | 24,355 | (22) | 24,333 | ||||
| Designated | fund | 210,026 | (187,150) | 22,876 | |||
| 234,381 | (187,172) | 47,209 | |||||
| TOTAL FUNDS | 234,381 | (187,172) | 47,209 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Umestricted | funds | ||||
| General fund | (22) | (22) | |||
| Designated | fund | 362,134 | (549,284) | (187,150) | |
| 362,134 | (549,306) | (187,172) | |||
| TOTAL FUNDS | 362,134 | (549,306) | (187,172) | ||
| A current year 12months | and prior year 12months | combined position is as follows: | |||
| Net | |||||
| movement | At | ||||
| At 1.1.19 | in funds | 31.12.20 | |||
| Uruestricted | funds | ||||
| General fund | 24,355 | (22) | 24,333 | ||
| Designated | fund | 210,026 | (28,497) | 181,529 | |
| 234,381 | (28,519) | 205,862 | |||
| TOTAL FUNDS | 234,381 | (28,519) | 205,862 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Umestticted | funds | |||
| General fund | (22) | (22) | ||
| Designated | fund | 1,099,636 | (1,128,133) | (28,497) |
| 1,099,636 | (1,128,155) | (28,519) | ||
| TOTAL FUNDS | 1,099,636 | (1,128,155) | (28,519) |