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|---|---|---|---|---|
|Reference and administrative|details ofthe charity, its trustees and advisers||||
|Trustees' report||||2-3|
|Independent
examiner's
report||||4-5|
|Statement offinancial activities incorporating||income and expenditure|account||
|Balance sheet|||||
|Cash flow statement|||||
|Notes to the financial statements||||9-14|
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|for the year ended 30Sept|embe|r 2021|||||
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2021|2020|
|||||Note|f.||
|Income from:|||||||
|Donations||||||2,880|
|Charitable
activities:|||||||
|Imray royalties
Bloomsbury
royalties
Investments|||||26,922
3,981
15,615|37,339
6,220
16,289|
|Direct sales and other income|||||1 072|1 067|
|Total income|||||47590|63795|
|Expenditure
on:|||||||
|Raising funds:
Investment
management|fees||||4,065|3,689|
|Charitable
activities:|||||||
|Project costs
Authors'
supplement
payment
Support and governance
costs||||2
3|14,601
2,100
23 663|29,471
2,450
21 770|
|Total expenditure|||||44 629|57380|
|Net income before investment
gains
Realised gains on disposal of investments
Unrealised
gains on revaluation
of investments|||||2,961
43 537|6,415
7
17108|
|Net movement
offunds after investment|||gains||46,498|23,530|
|Reconciliation
offunds:|||||||
|Total funds brought
forward|||||554 726|531 196|
|Total funds carried forward|||||||
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|||2021|2020|
|---|---|---|---|
|||E|F|
|Net movement
offunds as reported
of Financial Activities|in the Statement|46,498|23,530|
|Adjustments
for:||||
|Realised gains on investments|||(7)|
|Unrealised
gains on investments||(43,537)|(17,108)|
|Decrease/(increase)
in debtors and prepayments||960|(1,651)|
|Increase/(decrease)
in creditors||112|2,333|
|Net cash used in operating
activities||4,033|2,431|
|Cashflows
from investing
activities:||||
|Investment
management
fees||3,961|3,681|
|Cash generated
during the period||7,994|6,112|
|Cash at 1 October 2020||26,604|20,492|
|Cash at 30 September 2021||34,598|26,604|
|increase
in cash during the period||7,994|6,112|
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|Project costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Atlantic Islands||||6,334|250|
|Imray Explore
Mediterranean
Spain
Southern
California
Channel|||Islands|5,000
2,424
500|2,333|
|Rites ofPassage
Chile||||61
59|350
414|
|Arctic 8 Northern|Waters|||39|5,000|
|Corsica 8 North|Sardinia||||7,042|
|Norway
Balearics|||||2,705
2,692|
|Atlantic France|||||2,667|
|Germany
8 Denmark
Scilly Isles
North Africa|||||2,500
1,564
1,539|
|Other||||184|415|
|Total project costs||||14,601|29,471|
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|Support and governance|costs|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021|2020|
||||E|
|Salary costs||15,000|12,000|
|Pension costs||450|450|
|Travel and subsistence||675|1,793|
|Office expenses||1,841|2,627|
|Marketing
costs||1,938|1,247|
|ITcosts
Governance —independent|examiner fees|2,369
1,590|2,213
1,440|
|||23,863|21,770|
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|Staff costs were as follows:|||||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Salaries and pensions|||||
||||2021|2020|
|The number of persons employed|by the Foundation|during the year:|||
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||||Listed|Cash||
|---|---|---|---|---|---|
||||securities|deposits|Total|
||||E||E|
|Market value||||||
|At 1 October 2020|||509,737|25,000|534,737|
|Investment
management
Realised and unrealised|fees paid
gains||(3,961)
43537||(3,961)
43537|
|At 30September 2021||||||
|Historical cost||||||
|No transfers were made|during the year.|||||
|Investments
at market|value comprise:|||||
|||UK|Overseas|2021||
|||E|E|E||
|Listed investments||202,696|346,617|549,3'I3||
|Cash deposits||25000||25000||
|Total market value||||||
||||Listed|Cash||
||||securities|deposits|Total|
||||E|E|E|
|Market value||||||
|At 1 October 2019|||496,303|25,000|521,303|
|Investment
management|fees paid||(3,681)||(3,681)|
|Realised and unrealised|gains||17115||17115|
|At 30September 2020||||||
|Historical cost||||||
|No transfers were made|during the year.|||||
|Investments
at market|value comprise:|||||
|||UK|Overseas|2020||
||||E|||
|Listed investments||194,210|315,527|509,737||
|Cash deposits||25000||25000||
|Total market value||||||
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|Creditors: Amounts
falling due within one year|||
|---|---|---|
||2021|2020|
||E||
|Other taxation and social security|257|75|
|Other creditors
Accruals
Deferred income|3,493
2,739
2 158|2,965
2,485
3010|
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|Statement o|ffunds —Cur|rent year|||||
|---|---|---|---|---|---|---|
|||Brought|Income|Expenditure|Gains|Carried|
|||forward||||forward|
||||E||||
|Unrestricted|funds||||||
|General funds||554,726|47,590|(44,629)|43,537|601,224|
|||554 726|47,590|44,629|43,537|601,224|
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|||Brought||||Carried|
|---|---|---|---|---|---|---|
|||Forward|Income|Expenditure|Gains|Forward|
||||f,||E||
|General|funds|~~6.|~~M.~4+2.'g||~+32~~||
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|8.|Statement offunds —Prior year|Statement offunds —Prior year||||||
|---|---|---|---|---|---|---|---|
||||Brought|Income|Expenditure|Gains|Carried|
||||forwardf|||E|forward|
||Unrestricted|funds||||||
||General funds||531,196|63,795|(57,380)|17,115|554,726|
||||531,196|63,795|57,380|17,115|554,726|
||Summary
offunds|||||||
||||Brought
Forward|Income|Expenditure|Gains|Carried
Forward|
||||||f.|E|f.|
||General funds|||||||
|2021|2020|
|---|---|
||E|