| Administration | |
|---|---|
| Professional advisers |
|
| Trustees | |
| Trustees' report |
|
| Independent reviewer's |
report |
| Statement offinancial | activities |
| Balance sheet | |
| Notes to the financial statements |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds | |||||
| Notes | 2022 | 2022 | 2022 | 2021 | |
| E | E | E | |||
| INCOMING RESOURCES |
|||||
| incoming resources from generated funds |
|||||
| Charitable donations |
2 | 6,080 | 80,000 | 86,080 | 119,044 |
| Interestincome | 50,679 | 50,679 | 75,858 | ||
| TOTAL INCOMING RESOURCES |
56,759 | 80,000 | 136,759 | 194,902 | |
| RESOURCES EXPENDED | |||||
| Costs ofgenerating funds |
|||||
| Charitable donations made |
2 | (117,311) | (80,000) | (197,311) | (192,219) |
| Administrative expenses |
3 | (1,539) | (1,539) | (1,460) | |
| TOTAL RESOURCES EXPENDED | (118,850) | (80,000) | (198,850) | (193,679) | |
| NET OUTGOING RESOURCES FOR THE YEAR |
(62,091) | (62,091) | 1,223 | ||
| Other recognised gains or losses |
(226,534) | (226,534) | 54,004 | ||
| Net movement in funds |
(288,625) | (288,625) | 55,227 | ||
| Total funds brought forward |
1,481,076 | 1,481,076 | 1,425,849 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,192,451 | 1,192,451 | 1,481,076 |
| As at 31De | cem | ber 2022 | |||
|---|---|---|---|---|---|
| Unrestricted | funds | ||||
| 2022 | 2021 | ||||
| E | E | ||||
| FIXEDASSETS | |||||
| Investments | in Securities | 1,144,158 | 1,370,692 | ||
| CURRENT ASSETS | |||||
| Debtors | 29,526 | ||||
| Cash at bank | and | In hand | 49,263 | 81,829 | |
| TOTAL CURRENT | ASSETS | 49,263 | 111,355 | ||
| CURRENT LIABILITIES | |||||
| Accruals | (960) | (960) | |||
| TOTAL CURRENT | LIABILITIES | (960) | (960) | ||
| NET ASSETS | 1,192,461 | 1,481,087 | |||
| Represented by: |
|||||
| Capital account | 10 | 10 | |||
| Income account | 1192451 | ~1481076 | |||
| UNRESTRICTED FUNDS | 1,192,461 | 1,481,086 |
| No trustees received any |
remuneration | remuneration | during the year |
during the year |
during the year |
(2021: Enil). | (2021: Enil). | No trustees' | expenses | were |
|---|---|---|---|---|---|---|---|---|---|---|
| incurred during the year. There were no |
related party transactions |
in the | year (2021; | Enil). | ||||||
| Substantially all of the donations |
received | in the current | and | previous | year were | from the | I-lintze | |||
| Family Trust. | ||||||||||
| Charitable income |
||||||||||
| Unrestricted | Restricted | Total | 2022 | 2021 | ||||||
| E | E | E | E | |||||||
| Donations received |
||||||||||
| Charitable donations |
6,080 | 80,000 | 86,080 | 119,044 | ||||||
| Chantabie donotions |
||||||||||
| La Allegna de Los Ninos | (8,000) | (8,000) | (10,000) | |||||||
| Cardinal Hume Centre |
(5,000) | |||||||||
| Emmanuel College |
(2,400) | (2,400) | (2,400) | |||||||
| Dr Wolfgang Kopf |
(44,097) | |||||||||
| Theological Institute |
(80,000) | (80,000) | (69,847) | |||||||
| Forgotten People |
(10,000) | (10,000) | ||||||||
| Other donations | (96,911) | (96,911) | (60,875) | |||||||
| TOTAL | (117,311) | (80,000) | (197,311) | (192,219) |
| 3. | Administrative | Administrative | expenses | expenses | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 6 | f | |||||
| Independent | review | 960 | 960 | |||
| Bank charges | 579 | 500 | ||||
| 1,539 | 1,460 | |||||
| 4. | Investments | |||||
| 2022 | 2021 | |||||
| 6 | f | |||||
| Cash and cash products | held at bank | 49,263 | 81,829 | |||
| Investment | portfolio | 1,144,158 | 1,370,692 | |||
| 1,193,421 | 1,452,521 | |||||
| 5. | Creditors | |||||
| 2022 | 2021 | |||||
| 6 | 6 | |||||
| Accruals | ||||||
| Independent | examination | 960 | 960 |