| Page | ||
|---|---|---|
| Trustees Annual Report | 1-3 | |
| Independent Examiner's |
Report | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 7-11 |
| R"FEvans BScEcon(Hons), FCCA |
|---|
| Major and Evans, |
| Chartered Certified Accountants, |
| Bull House, |
| 15Penrallt Street, |
| Machynlleth, |
| Powys. |
| Unrestricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2020 | 2019 | ||||||
| Notes | |||||||
| INCOME | |||||||
| Investment income |
25,530 | 25,530 | 30,968 | ||||
| TOTAL | 25,530 | 25,530 | 30,968 | ||||
| EXPENDITURE | |||||||
| Charitable activities |
46,500 | 46,500 | 31,439 | ||||
| Other costs | 1,154 | 1,154 | 1,186 | ||||
| TOTAL | 47,654 | 47,654 | 32,625 | ||||
| NET INCOME/(EXPENDITURE) | (22,124) | (22,124) | (1,657) | ||||
| Transfers between funds | 18,764 | (18,764) | |||||
| Other recognised gains |
and losses | ||||||
| Realised and unrealised | gains on | ||||||
| investment assets |
131,804 | 131,804 | 293,560 | ||||
| Net movement | infunds | (3,360) | 113,040 | 109,680 | 291,903 | ||
| Reconciliation ofFunds |
|||||||
| Total funds brought | forward | 3,360 | 4,854,012 | 4,857,372 | 4,565,469 | ||
| Totalfunds carried | forward | 4,967,052 | 4,967,052 | 4,857,372 |
| stment In |
come has arisen as follows: | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Interest on | cash deposits | 10,334 | 14,141 |
| Investment | income distributions | 15,196 | 16,827 |
| 25,530 | 30,968 |
| 2020 | 2019 | ||
|---|---|---|---|
| f. | |||
| Traidcraft Exchange | 30,000 | 15,000 | |
| Cruse Bereavement | Care | 5,000 | |
| Advice Mid Wales | 10,000 | 10,000 | |
| Edible Mach Maethlon | 500 | ||
| The Virtual Doctors | 1,500 | ||
| Gender Equality Togo | 5,939 | ||
| 46,500 | 31,439 |
| 7. | Other Costs | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Accountancy | 1,152 | 1,152 | |
| Bank Charges | 2 | 34 | |
| 1,154 | 1,186 |
| 9. | Fixed asset Investments | |||||
|---|---|---|---|---|---|---|
| Movement in fixed |
asset investments | |||||
| 2020 | 2019 | |||||
| Market value brought forward at |
1stOctober | 2019 | 2,968,512 | 2,658,125 | ||
| Add: dish'ibutions | accumulated | 15,196 | 16,827 | |||
| Add: net gain on revaluation | 131,804 | 293,560 | ||||
| Market value at 30th September | 2020 | 3,115,512 | 2,968,512 | |||
| Investments at market value comprised: |
||||||
| Cost | 2020 | 2019 | ||||
| units/shares | ||||||
| 5,417 Generation | IM Global | |||||
| Equity | A shares | 886,354 | 2,397,744 | 2,268,634 | ||
| 521,557 Threadneedle UK Social Bond |
||||||
| Fund | Institutional | Gross | ||||
| Accumulation | 600,000 | 717,768 | 699,878 | |||
| 1,486,354 | 3,115,512 | 2,968,512 | ||||
| Cost | 2020 | 2019 | ||||
| $ | $ | $ | ||||
| This investment is |
denominated | in | ||||
| US Dollars | 1,500,000 | 3,097,275 | 2,790,669 | |||
| 10. | Debtors | |||||
| 2020 | 2019 | |||||
| Accrued bank deposit interest | 1,391 | 3,560 |
| 2020 | 2019 |
|---|---|
| 1,152 | 1,152 |
| Analysis ofFund Assets and Liabili | ties | ||
|---|---|---|---|
| Unrestricted | Endowment | ||
| funds | funds | Total | |
| Fixed assets | 3,115,512 | 3,115,512 | |
| Current assets | 1,852,692 | 1,852,692 | |
| Current liabilities | (1,152) | (1,152) | |
| Total | 4,967,052 | 4,967,052 |