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2021-03-31-accounts

Page
Company information and Advisors 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 14

Unrestricted Restricted Total this Total this
funds funds year Total last year
£ £
Incoming resources (Note 3)
Incoming resources from
generated funds
Voluntary income 113,711 113,711 41,129
Activities for generating funds
Investment Income 447 447 1,245
Incoming resources from
charitable activities
Other incoming resources
Total incoming resources 114,168 114,168 42,374
Resources expended (Notes 4−6)
Costs of Generating Funds
Costs of generating voluntary
Income
Fundraising trading costs
. . .
Investment management costs
Charitable activities 106,053 106,053 42,001
Governance costs 4,400 4,400 1,511
_ ,
Other resources expended
_
Total resources expended 110,453 110,453 43,512
Net incoming/(outgoing) resources before ,
transfers 3,706 3,705 (1,138)
Gross transfers between funds ,
_
Net incoming/(outgoing)resources before
other recognised gains/(losses) 3,705 3,705 (1,138)
Net movement in funds 3,705 3,705 (1,138)
Total funds brought forward 103,313 103,313 104,451
Total funds carried forward 107,018 , 107,018 103,313

Restricted Restricted Restricted
Unrestricted Income Total this Total last
funds
E
funds
E
year year
E
44,470 44,470
44,470 44,470
.
2,306 2,306 4,433
61,502 .
61,602 ' 101,628
63,808 ' 63,808 106,061
1,260 1,260 2,748
62,648 62,648 103,313
107,018 107,018 103,313
1•1
107,018 107,018 103,313
107,018 107,018 103,313
107,018 107,018 103,313
i na t Print Name
' "_i_ICeI V−11−T09
LIZA C Date of
approval
17.11.21

Recognition of Incoming These are included in the Statement of Financial Activities (SoFA) when:
resources
the charity becomes entitled to the resources;

the trustees are vhtually certain they will receive the resources; and
*
the monetary value can be measured with sufficientreliability.**
Incoming resources with Where incoming resources have related expenditure (as withfundraisingor contractincome)
related expenditure the incoming resources and related expenditure are reported grossin the SoFA.
Grants and donations Grants and donationsare only included in the SoFA when the charity hasunconditional
entitlement to the resources.
Tax reclaims on donations incoming resources from tax reclaims are included in the SoFA at the same time as thegiftto
and gifts which they relate.
Contractual income and This is only Included In the SoFA once the related goods or services have been delivered.
performance related grants
Gifts In kind Gifts In kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included In the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by thecharity are Included In the SOFA as incoming resources when
receivable.
Donated services and These are only included In incoming resources (with an equivalent amount in resources
facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
The value placed on these resources is the estimated value to the charity of the service or
facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees' annual report.
Investment Income This is included in the accounts when receivable.

Uability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants payable without These are only recognised in the accounts when a commitment has been made and there are
performance conditions noconditionstobemetrelatingto the grant which remain in the control ofthe charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.

This year Last year
Anal is
Voluntary Income Grants receivable from charities ' **44,470 ** 1
Donations from individuals & trustees 6,817 6,800
Donations from companies _ 100
Donations for elderly 1200,
Donations for studens 7,565 6,650
Karabagh War Victims Donation 28,902
Memory of Hrach Archunian 5,792
SOSE Womens Organisation 3,272 ,
Leon Centre Donations 7,068
Leadership Centre Yerevan 4,565
The Seda Ghazarian memorial foundation 3,500
Memorial donations 1,050_ 15,000
Tax credit on donations 5,976 9,114
Total 113,711 41,129
Activities for generating
funds
Total
Investment income Other Interest receiveable 961 1,073
Bank deposit interest
Tax reclaimed on bank deposit interest
Profit/(loss) on foreign exchange 514 .
172_
Total 447 1,245
Incoming resources from
charitable activities
Total

This year Last year
Analysis
Costs of generating
voluntary income
Total
Fundraising trading
costs
Total
Investment
management costs
Total
Charitable activities Book Publishing Sponsorship 4,279 4,968
Easter exhibition 2010
Educational grants 18,650 11,990
Grants for the elderly 2,732 9,622
Disabled Childrens' Camp 2,255 ,
Karabagh War Injured Support 24,194
Leon's Centre 4,529
Speghani Girls Choir 324
Medical costs 8,175 4,329
Orphan Outings 1,280 1,858
Rural development project 8,910
Rural medical training project 3,275
Self help grants
Subsistence payments for refugees 3,195
The Seda Ghazarian memorial foundation 33,489
Total 106,053 42,001
Governance costs Bank chanies 22 28
Independent examiner's fees 980 1,050
Sundry expenses 3,077 208
Legal Charges 225 118
Armenian Business Tax S96 107
Total 4,400 1,511

Analysis of debtors Amounts failing due within
one year
Amounts failing due within
one year
Amounts failing due after
morethanone year
Amounts failing due after
morethanone year
This year Last year This year Last year
£ £ e e
Trade debtors
Other debtors 2,306 4,433
Prepayments and accrued income
Total 2,306 4,433

7.1 Analysis of creditors
Amounts falling due within Amounts failing due after
one year morethan one year
This year Last year This year Lastyear
£ £ £ £
Loans and overdrafts
Trade creditors
Other creditors
Accruals and deferred income 1,260 2,748
Total 1,280 2,748 −.

Fund Fund
balances balances
**brought ** % Incoming Outgoing Gains and carried
forward resources resources Transfers losses forward
**Fund ** names £ £ £ £ £ £
_ _
._
. . .
_ _
_ _
**Total ** Funds .