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|||Page||
|---|---|---|---|
|Report ofthe Trustees and Directors|1|to|3|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||||
|Statement ofCash Flows||||
|Notes to the Statement ofCash Flows||||
|Notes to the Financial Statements|9|to|15|
|Detailed Statement ofFinancial Activities||16||
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||8||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations and legacies||2|384,437||384,437|34,631|
|Charitable
activities|||||||
|Porticus UK||||68,000|68,000||
|Other income|||~130000||~130000||
|Total|||514,437|68,000|582,437|34,631|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Unrestricted
funds
Porticus UK|||122,688|22,926|122,688
22,926|46,723|
|Total|||122,688|22,926|145,614|46,723|
|NET INCOME/(EXPENDITURE)|||391,749|45,074|436,823|(12,092)|
|Transfers
between funds||12|56|~56)|||
|Net movement
in funds|||391,805|45,018|436,823|(12,092)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||(18,794)|56|(18,738)|(6,646)|
|TOTAL FUNDS CARRIED FORWARD|||373011|45 074|418,085|~18,738)|
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|STATEME|NT OFFINANCIAL PO
31October 2020|SITION||
|---|---|---|---|
|||2020|2019|
||Notes|||
|FIXEDASSETS||||
|Investments||||
|CURRENT ASSETS||||
|Debtors||7/165|7,865|
|Prepayments
and accrued income||18,004||
|Cash at bank||~399 048|]12,336|
|||424,917|120,201|
|CREDITORS||||
|Amounts
falling due within one year||(63!33)|(138,940)|
|NET CURRENT ASSETS/(LIABILITIES)||418,084|~(18,739|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||4]8,085|(18,738)|
|NET ASSETS/(LIABILITIES)||~418 085|(18,738)|
|FUNDS|12|||
|Unrestricted
funds
Restricted funds||373,011
45,074|(18,794)
56|
|TOTAL FUNDS||418,085|~18,738)|
##
|||fo|r the Year Ended 31|October 2020||
|---|---|---|---|---|---|
|||||2020|2019|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated
&om operations|||1|286,773|~3713)|
|Net cash provided
by/(used|in) operating||activities|286,773|~3713)|
|Change in cash and cash equivalents||in||||
|the reporting
period
Cash and cash equivalents|at the|||286,773|(3,713)|
|beginning
ofthe reporting|period||2|112275|115988|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||399048|112275|
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|
for the Year Ended 31October|
for the Year Ended 31October|
for the Year Ended 31October|
2020|||
|---|---|---|---|---|---|
|RECONCILIATION
OFNET INCOME/(EXPENDITURE)|||TO NET CASH|FLOW FROM||
|OPERATING ACTIVITIES||||||
|||||2020|2019|
|Net income/(expenditure)
for the reporting|period (asper the|||||
|Statement ofFinancial Activities)
Adjustments
for:||||436,823|(12,092)|
|Increase in debtors||||(18,004)|(500)|
|(Decrease)/increase
in creditors||||(132,046)|8,879|
|Net cash provided
by/(used in) operations||||286,773|~3,713)|
|ANALYSIS OF CASH AND CASH EQUIVALENTS||||||
|||||2020|2019|
|Notice deposits (less than 3months)
Overdrafts
included
in bank loans and overdrafls||falling due within one year||399,048|112,336
~61)|
|Total cash and cash equivalents||||399,048|~112275|
|ANALYSIS OF CHANGES IN NET FUNDS||||||
||||At 1/11/19|Cash flow|At 31/10/20|
|||||8||
|Net cash||||||
|Cash at bank
Bank overdrafl|||112,336
~61|286,712
61|399,048|
||||~112275|286 773|399,048|
|Total|||112275|286,773|399,048|
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|event ofawindi|ng
up is limited tof10.||
|
|---|---|---|---|
|DONATIONS|AND LEGACIES|||
|||2020|2019|
|Donations
Gift aid||309,437
75,000|34,631|
|||384,437|34631|
|INCOME FROM CHARITABLE ACTIVITIES||||
|||2020|2019|
||Activity|||
|Grants|Porticus UK|~68 000||
|Grants received,|included in the above, are as follows:|||
|||2020|2019|
|Pordcus||~68000||
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|||||Grant||
|---|---|---|---|---|---|
|||||funding of||
|||||activities||
||||Direct|(see note||
||||Costs|5)|Totals|
||||f.|||
|Unrestricted|funds||54,688|68,000|122,688|
|Pordcus UK|||22,926||22,926|
||||77614|68,000|145614|
|GRANTS PAYABLE||||||
|||||2020|2019|
|||||f,||
|Unrestricted|funds|||68,000||
|The total grants paid to institutions||during the year was as follows:||||
|||||2020I|2019
I|
|Youth 2000||||68,000||
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||Subsidiary||Principal|||||Direct|I|
|---|---|---|---|---|---|---|---|---|---|
||||Activity|||Holding|Indirect Holding|||
||Kristos Media Trading Limited||Dormant|||100||Direct||
||DEBTORS:AMOUNTS|FALLING DUE WITHIN||ONE YEAR||||||
||||||||2020||2019|
||||||||||f.|
||Amounts
owed by group undertakings||||||7,865||7,865|
|9.|CREDITORS: AMOUNTS FALLING DUE WITHIN||||ONE YEAR|||||
||||||||2020||2019|
||Bank loans and overdrafts|(see note|10)||||||61|
||Other creditors|||||||130,000||
||Accruals and deferred income||||||6,833||8 879|
||||||||6,833|138940||
|10.|LOANS|||||||||
||An analysis ofthe maturity|ofloans is given below:||||||||
||||||||2020||2019|
||Amounts
falling due within one year||on demand:|||||||
||Bank overdrafts|||||||||
|11.|ANALYSIS OF NET ASSETSBETWEEN FUNDS|||||||||
||||||||2020||2019|
||||Unrestricted|||Restricted|Total||Total|
||||fund
g|||funds
I|funds||funds|
||Investments||||1||1||1|
||Current assets
Cunent liabilities||379,843
~6,833)|||45,074|424,917
~6833)|120,201
~138940)||
||||373,011|||45,074|418,085|18,738||
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|MOVEMEN|T IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
||||At|movement|between|At|
||||1/11/19|in funds|funds|31/10/20|
|Unrestricted|funds||||||
|General fund|||(18,794)|391,749|56|373,011|
|Restricted funds|||||||
|Parish website project
Porticos UK|||56|45,074|(56)|45,074|
||||56|45,074|~56|45 074|
|TOTAL FUNDS|||~18738)|436,823||418,085|
|Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General fund||||514,437|(122,688)|391,749|
|Restricted funds|||||||
|Porticus UK||||68,000|(22,926)|45,074|
|TOTAL FUNDS||||~582437|(145,614)|436,823|
|Comparatives|for movement|in|funds||||
||||||Net||
|||||At|movement|At|
|||||1/11/18|in funds|31/10/19|
|Unrestricted|funds||||||
|General fund||||(6,702)|(12,092)|(18,794)|
|Restricted funds|||||||
|Parish website|project|||56||56|
|TOTAL FUNDS||||~6,646)|~12,092|~18,738|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||34,631|(46,723)|(12,092)|
|TOTAL FUNDS||34,631|~46,723|(12,092)|
||||Net|Transfers||
|---|---|---|---|---|---|
|||At|movement|between|At|
|||1/11/18|in funds|funds|31/10/20|
|Unrestricted|funds|||||
|General fund||(6,702)|379,657|56|373,011|
|Restricted funds||||||
|Parish website
Porticus UK|project|56|45,074|(56)|~45 074|
|||56|45,074|~56|~45 074|
|TOTAL FUNDS||~6,646)|424,731||~418085|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|549,068|(169,411)|379,657|
|Restricted funds||||
|Porticus UK|68,000|(22,926)|45,074|
|TOTAL FUNDS|617,068|(192,337)|424,731|
|Restricted funds||||
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|for the|Year Ended 31October|2020|||
|---|---|---|---|---|
||||2020|2019|
||Unrestricted|Restricted|Total|Total|
||funds|funds|funds|funds|
|||6|||
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|309,437||309,437|34,631|
|Gift aid|~75000||75,000||
||384,437||384,437|34,631|
|Charitable
activities|||||
|'Grants||68,000|68,000||
|Other income|||||
|Exceptional items|130,000||~130000||
|Total incoming resources|514,437|68,000|582,437|34,631|
|EXPENDITURE|||||
|Charitable
activities|||||
|Accountancy|3,386||3,386|950|
|Consultancy
Bank charges|50,180
78|22,926|73,106
78|41,186
79|
|Web design||||90|
|Events
Tech equipment|942
102||942
102|4,418|
|Grants to institutions|68,000||68,000||
||~122 688|~22 926|145,614|46,723|
|Total resources expended|~122688|~22 926|145,614|46,723|
|Net (expenditure)/income|391749|45,074|436,823||