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2021-03-31-accounts

Page
Report ofthe Trustees 1 to 2
Independent
Examiner"s Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 6 to 10
Detailed Statement ofFinancial Activities 11 to 12

2021 2020
Unrestricted Endowment Total Total
fund fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable
activities
Property
running
costs
540
Other trading activities 260 260 260
Investment
income
64,534 64,534 57,647
Total 64,794 64,794 58,447
EXPENDITURE ON
Raising funds 984 984 4,038
Charitable
activities
Property running
costs
41,337 41,337 41,802
Total 42,321 42,321 45,840
NET INCOME 22,473 22,473 12,607
RECONCILIATION OFFUNDS
Total funds brought forward 100,786 1,726,432 1,827,218 1,814,611
TOTAL FUNDS CARRIED FORWARD 123,259 1,726,432 1,849,691 1,827,218

Notes to the Financial
Statements - contin
for the year ended 31March 2021
Notes to the Financial
Statements - contin
for the year ended 31March 2021
Notes to the Financial
Statements - contin
for the year ended 31March 2021
ued
2. OTHER TRADING ACTIVITIES
2021 2020
Other income 260 260
3. INVESTMENT INCOME
2021f 2020
Rents received 64,516 57,622
Deposit account interest 18 25
64,534 57,647
4. RAISING FUNDS
INVESTMENT MANAGEMENT COSTS
2021 2020
General maintenance 471 1,269
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter charging/(crediting);
2021 2020
Depreciation - owned assets 2,779 2,779
6. TRUSTEES' REMUNERATION AND BENEFITS

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Endowment Total
fund fund funds
6
INCOME AND ENDOWMENTS FROM
Charitable activities
Property running
costs
540 540
Other trading activities 260 260
Investment income 57,647 57,647
Total 58,447 58,447

COMPARATIVES F ORTHE STATEMENT OFFIN ANCIAL ACTIVITIES - continued
Unrestricted Endowment Total
fund fund funds
6
Raising funds 4,038 4,038
Charitable
activities
Property
running
costs
41,802 41,802
Total 45,840 45,840
NET INCOME 12,607 12,607
RECONCILIATION OF FUNDS
Total funds brought
forward
88,179 1,726,432 1,814,611
TOTAL FUNDS CARIUED FORWARD 100,786 1,726,432 1,827,218
8. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
f
COST
At 1Apri!2020 and 31 March 2021 55,591 8,130 63,721
DEPRECIATION
At 1 April 2020 36,130 8,130 44,260
Charge for year 2,779 2,779
At 31 March 2021 38,909 8,130 47,039
NET BOOKVALUE
At 31March 2021 16,682 16,682
At 31March 2020 19,461 19,461
9. INVESTMENT PROPERTY
FAIRVALUE
At 1 April 2020
and 31March 2021 1,781,003
NET BOOK VALUE
At 31March 2021 1,781,003
At 31March 2020 1,781,003

for the year ended 31Mar for the year ended 31Mar for the year ended 31Mar ch 2021
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Other creditors 6,115 4,400
Accruals
and
deferred income 10,477 7,500
16,592 11,900
11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.20 in funds 31.3.21
f
Unrestricted funds
General
fund
100,786 22,473 123,259
Endowment funds
Endowment 1,726,432 1,726,432
TOTAL FUNDS 1,827,218 22,473 1,849,691
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
g f
Unrestricted funds
General
fund
64,794 (42,321) 22,473
TOTAL FUNDS 64,794 (42,321) 22,473
Comparatives for movement in funds
Net
movement At
At 1.4.19 in funds 31.3.20
f
Unrestricted funds
General fund 88,179 12,607 100,786
Endowment funds
Endowment 1,726,432 1,726,432
TOTAL FUNDS 1,814,611 12,607 1,827,218

Incoming Resources Movement
resources expended in funds
g
Unrestricted funds
General
fund
58,447 (45,840) 12,607
TOTAL FUNDS 58,447 (45,840) 12,607
A current year 12months and prior year 12months combined position
is as follows:
Net
movement At
At 1.4.19 in funds 31.3.21
Unrestricted funds
General fund 88,179 35,080 123,259
Endowment funds
Endowment 1,726,432 1,726,432
TOTAL FUNDS 1,814,611 35,080 1,849,691
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 123,241 (88,161) 35,080
TOTAL FUNDS 123,241 (88,161) 35,080
12. RELATED PARTY DISCLOSURES

THE KOSMON SANCTUARY
Detailed Statement ofFinancial Activities
for the year ended 31March 2021
2021 2020I
INCOME AND ENDOWMENTS
Other trading activities
Other income 260 260
Investment
income
Rents received 64,516 57,622
Deposit account interest 18 25
64,534 57,647
Charitable
activities
Room hire 540
Totalincoming resources 64,794 58,447
EXPENDITURE
Other trading activities
Letting fees 513 2,769
Investment
management
costs
General maintenance 471 1,269
Charitable
activities
Donations
and
gills 4,361 2,319
Support costs
Finance
Bank charges 69 90
Other
Grounds
maintenance
19,952 12,281
Council tax 1,302 773
Electricity 755 444
Gas 2,485 3,106
Water 339 352
Insurance 5,007 4,464
Advertising 325 335
Telephone
and
internet 651 469
Print, postage and stationery 227 231
Refurbishment expenditure (44) 9,943
Travel and accommodation 658 372
Freehold property 2,779 2,779
34,436 35,549
Governance costs
Sundries 1,331 2,764
Carried forward 1,331 2,764

Detailed Statement of
for the year ended
Financial Activities
31March 2021
2021 2020
Governance costs
Brought forward 1,331 2,764
Accountancy and legal fees 1,140 1,080
2,471 3,844
Total resources expended 42,321 45,840
Net income 22,473 12,607