2021-03-31-accounts - The A123 Trust

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					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	fund	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			47,301	3,144	50,445	33,850
Investment income			24,826		24,826	18,525
Total			72,127	3,144	75,271	52,375
EXPENDITURE ON
Raising funds			3,446		3,446	3,674
Charitable activities
Feeding the poor and needy Promoting sustainable developments Supporting educational projects Supporting healthcare projects Governance			4,588 6,180 8,653 680 1,703	3,144	7,732 6,180 8,653 680 1,703	6,442 2,058 10,567 60 1,495
Supporting humanitarian aid efforts			17,795		17,795	1,030
Total			43,045	3,144	46,189	25,326
Net gains/(losses) on investments						(66,736)
NKT INCOME/(EXPENDITURE)			29,082		29,082	(39,687)
RECONCILIATION	OF FUNDS
Total funds brought	forward		623,309		623,309	662,996
TOTAL FUNDS CARRIED FORWARD			652,391		652,391	623,309

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets Investment property		351 460,000		351 460,000	701 460,000
		460,351		460,351	460,701
CURRENT ASSETS Debtors		24,399		24,399	15,516
Cash at bank		172,241		172,241	150,617
		196,640		196,640	166,133
CREDITORS
Amounts falling due within one year		(4,600)		(4,600)	(3,525)
NET CURRENT ASSETS		192,040		192,040	162,608
TOTAL ASSETSLESSCURRENT
LIABILITIES		652,391		652,391	623,309
NET ASSETS		652,391		652,391	623,309
FUNDS Unrestricted funds	10			652,391	623,309
TOTALFUNDS				652,391	623,309

COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	fund	funds
					K
INCOME AND ENDOWMENTS FROM
Donations and legacies			33,850		33,850
Investment income			18,525		18,525
Total			52,375		52,375
EXPENDITURE ON
Raising funds			3,674		3,674
Charitable activities
Feeding the poor and needy			6,442		6,442
Promoting sustainable		developments	2,058		2,058
Supporting educational		projects	10,567		10,567
Supporting healthcare Governance	projects		60 1,495		60 1,495
Supporting humanitarian		aid efforts	1,030		1,030
Total			25,326		25,326
Net gains/(losses) on investments			(66,736)		(66,736)
NET INCOME/(EXPENDITURE)			(39,687)		(39,687)
RECONCILIATION		OF FUNDS
Total funds brought forward			662,996		662,996

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5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
		Unrestricted	Restricted	Total
		funds	fund	funds
	TOTAL FUNDS CARRIED FORWARD	623,309		623,309
6,	TANGIBLE FIXEDASSETS
				Computer
				equipment
	COST
	At 1 April 2020 and 31March 2021			1,401
	DEPRECIATION
	At 1 April 2020			700
	Charge for year			350
	At 31March 2021			1,050
	NET BOOK VALUE
	At 31 March 2021			351
	At 31 March 2020			701
7.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1 April 2020
	and 31March 2021			460,000
	NKT BOOK VALUE
	At 31 March 2021			460,000
	At 31 March 2020			460,000

9.	CREDITOR	S: AMOUNTS	FA	LLING DUE	WITHIN ONE Y	EAR
							2021	2020
	Other creditors						4,600	3,525
10.	MOVEMENT IN FUNDS
							Net
							movement	At
						At 1.4.20	in funds	31.3.21
	Unrestricted	funds
	General fund					523,309	29,082	552,391
	School Building Project (Nairobi)					100,000		100,000
						623,309	29,082	652,391
	TOTAL FUNDS					623,309	29,082	652,391
	Net movement	in funds, included		in the above	are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
							E
	Unrestricted	funds
	General fund					72,127	(43,045)	29,082
	Restricted funds
	Zakat Fund					3,144	(3,144)
	TOTAL FUNDS					75,271	(46,189)	29,082
	Comparatives	for movement	in	funds
						Net	Transfers
						movement	between	At
					At 1.4.19	in funds	funds	31.3.20
							f,
	Unrestricted	funds
	General fund				477,996	(39,687)	85,000	523,309
	School Building Project (Nairobi)				185,000		(85,000)	100,000
					662,996	(39,687)		623,309
	TOTAL FUNDS				662,996	(39,687)		623,309

Comparative	net movement in funds,	included in the above are as	follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				f.
Unrestricted	funds
General fund		52,375	(25,326)	(66,736)	(39,687)
TOTAL FUNDS		52,375	(25,326)	(66,736)	(39,687)

			Net	Transfers
			movement	between	At
		At 1.4.19	in funds	funds	31.3.21
Unrestricted	funds
General fund		477,996	(10,605)	85,000	552,391
School Building Project (Nairobi)		185,000		(85,000)	100,000
		662,996	(10,605)		652,391
TOTAL FUNDS		662,996	(10,605)		652,391

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f.
Unrestricted	funds
General fund		124,502	(68,371)	(66,736)	(10,605)
Restricted funds
Zakat Fund		3,144	(3,144)
TOTALFUNDS		127,646	(71,515)	(66,736)	(10,605)