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|||Page|
|---|---|---|
|Trustees Annual Report||1-3|
|Independent<br>Examiner's|Report||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements||7-11|





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|R"FEvans BScEcon(Hons), FCCA|
|---|
|Major and Evans,|
|Chartered<br>Certified Accountants,|
|Bull House,|
|15Penrallt Street,|
|Machynlleth,|
|Powys.|





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|||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||||2020|2019|
||||Notes|||||
|INCOME||||||||
|Investment<br>income||||25,530||25,530|30,968|
|TOTAL||||25,530||25,530|30,968|
|EXPENDITURE||||||||
|Charitable<br>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<br>gains|and losses|||||||
|Realised and unrealised||gains on||||||
|investment<br>assets|||||131,804|131,804|293,560|
|Net movement||infunds||(3,360)|113,040|109,680|291,903|
|Reconciliation<br>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|





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|stment<br>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|



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|||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|



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|9.|Fixed asset Investments||||||
|---|---|---|---|---|---|---|
||Movement<br>in fixed|asset investments|||||
||||||2020|2019|
||Market value brought<br>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<br>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<br>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<br>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|





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|2020|2019|
|---|---|
|1,152|1,152|



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|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|