| Page | |||
|---|---|---|---|
| Report ofthe Trustees | I | to | 2 |
| independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statemeat ofFinancial Activities | 10 |
| FOR THE | YEAR ENDED 31OCT | OBER 2020 | ||
|---|---|---|---|---|
| 31.1020 | 31.10.19 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Investment income |
48419 | 49,344 | ||
| EXPENDITURE ON | ||||
| Raising funds | 18,178 | 27,994 | ||
| Charitable activities |
||||
| General | 10,900 | 10,913 | ||
| Total Expenditure | 29,078 | 38,907 | ||
| Net gains on investments | 40,000 | |||
| NET SURPLUS | 19,741 | 50,437 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 5,770,648 | 5,720,211 | |
| TOTAL FUNDS CARRIED FORWARD | 5,790,389 | 5,770,648 |
| BALANCE SHEET | |||
|---|---|---|---|
| 31OCTOBER 2020 | |||
| 31.10.20 | 31.10.19 | ||
| Unrestricted | Total | ||
| Notes | fundf | funds | |
| FIXED ASSETS | |||
| Investment property |
5,650,000 | 5,650,000 | |
| CURRENT ASSETS | |||
| Cash at bank | 142,190 | 122,948 | |
| CREDITORS | |||
| Amounts falling due within one year |
(1,801) | (2,300) | |
| NKT CURRENT ASSETS | ~140 89 | 120,648 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 5,790,389 | 5,770,648 | |
| NET ASSETS | ~0790 09 | 5 77II 648 | |
| FUNDS | |||
| Unrestricted funds |
5 79II309 | 5 770,648 | |
| TOTAL FUNDS | 5 790,389 | 5,770,648 |
| INVESTMENT INCOME | ||
|---|---|---|
| 31.10.20 | 31.10.19 | |
| 6 | ||
| Rents received | 48,719 | 49,186 |
| Deposit account interest | 100 | 158 |
| ~48 819 | 49,344 |
| Investment | management | management | costs | ||
|---|---|---|---|---|---|
| 31.10.20 | 31.10.19 | ||||
| 8 | |||||
| Staff costs | 5,000 | 6,000 | |||
| Administrative | expenses | 569 | 373 | ||
| Insurance | 2,176 | 2,346 | |||
| Property repairs | ~10 433 | 19,275 | |||
| ~18 178 | ~27 994 |
| INVESTMENT PROPERTY | |
|---|---|
| FAIR VALUE | |
| At 1 November 2019 | |
| and 31October 2020 | ~5650000 |
| NiET BOOK VALUE | |
| At 31 October 2020 | 5,650,000 |
| At 31October 2019 | 5,650,000 |
FORTHE YEARENDED |
31OCTOBER 2020 |
||
|---|---|---|---|
| 31.10.20 f |
31.10.19 f |
||
| INCOME AND ENDOWMENTS | |||
| Investment income |
|||
| Rents received | 48,719 | 49,1$6 | |
| Deposit account interest | 100 | 158 | |
| ~48819 | ~49 344 | ||
| Total incoming resources | 48,819 | 49,344 | |
| EXPENDITURE | |||
| Investment management |
costs | ||
| Secretarial services | 5,000 | 6,000 | |
| Administrative expenses |
569 | 373 | |
| Insurance | 2,176 | 2,346 | |
| Pmperty repairs |
~10433 | ~19275 | |
| 1$,178 | 27,994 | ||
| Charitable activities |
|||
| Charitable donations |
10,000 | 10,000 | |
| Support costs | |||
| Finance | |||
| Bank charges | 13 | ||
| Governance costs |
|||
| Accountancy and legal fees |
900 | 900 | |
| Total resources expended | ~2907$ | 38,907 | |
| Net income | 19,741 | 10,437 |