2021-12-31-accounts - Peter Lang Children's Trust

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			Page
Report ofthe Trustees		1	to	9
Independent Examiner's	Report		10
Statement ofFinancial	Activities
Balance Sheet		12	to	13
Notes to the Financial Statements		14	to	19
Detailed Statement ofFinancial Activities		20	to	21

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets	8	960		960	1,279
Investments	9	3,511,542		3,511,542	3,437,982
		3,512,502		3,512,502	3,439,261
CURRENT ASSETS
Debtors	10	201,865		201,865	201,723
Cash at bank and in hand		28,690		28,690	28,554
		230,555		230,555	230,277
CREDITORS
Amounts falling due within one year		(4,818)		(4,818)	(4,472)
NET CURRENT ASSETS		225,737		225,737	225,805
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,738,239		3,738,239	3,665,066
NET ASSETS		3,738,239		3,738,239	3,665,066
FUNDS	12
Unrestricted funds:
General fund				3,738,239	3,665,066
TOTAL FUNDS				3,738,239	3,665,066

				2021	2020
Interest received				4,953	7,227
Dividends				67,742	64,070
				72,695	71,297
RAISING FUNDS
INVESTMENT	MANAGEMENT		COSTS
				2021	2020
Other operating	leases			3,947	4,072
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
				2021	2020
Independent Examiners		Fees		4,278	4,056
Depreciation - owned assets				319	427
Other operating	leases			3,947	4,072

	2021	2020
Employee	1	I

			Notes to the Financial Statements - continued	Notes to the Financial Statements - continued	Notes to the Financial Statements - continued	Notes to the Financial Statements - continued
				for the Year Ended 31December		2021
	COMPARATIVES FOR THE			STATEMENT OF FINANCIAL		ACTIVITIES
						Unrestricted	Restricted	Total
						fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Investment income					71,297		71,297
	EXPENDITURE ON
	Raising funds					85,904		85,904
	Charitable activities
	Grant					374,259		374,259
	Total					460,163		460,163
	Net gains on investments					175,754		175,754
	NET INCOME/(EXPENDITURE)					(213,112)		(213,112)
	RECONCILIATION	OF FUNDS
	Total funds brought forward					3,878,178		3,878,178
	TOTAL FUNDS CARRIED		FORWARD			3,665,066		3,665,066
8.	TANGIBLE FIXED	ASSETS
						Fixtures
					Plant and	and	Computer
					machinery	fittings	equipment	Totals
	COST
	At 1 January 2021 and	31December 2021			10,717	51,617	4,325	66,659
	DEPRECIATION
	At 1 January 2021				10,717	50,631	4,032	65,380
	Charge foryear					246	73	319
	At 31December 2021				10,717	50,877	4,105	65,699
	NET BOOKVALUE
	At 31December 2021					740	220	960
	At 31December 2020					986	293	1,279

9.	FIXEDASSETINVESTMENTS
				Listed
				investments
	MARKET VALUE
	At 1 January 2021			3,437,982
	Additions			638,364
	Dispo sais			(564,804)
	At 31December 2021			3,511,542
	NET BOOKVALUE
	At 31December 2021			3,511,542
	At 31December 2020			3,437,982
10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Other debtors		799	827
	Time deposits		200,048	200,003
	Prepayments		1,018	893
			201,865	201,723
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Social security and other taxes		540	416
	Accrued expenses		4,278	4,056
			4,818	4,472
12.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.21	in funds	31.12.21
	Unrestricted funds
	General fund	3,665,066	73,173	3,738,239
	TOTAL FUNDS	3,665,066	73,173	3,738,239

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		71,297	(460,163)	175,754	(213,112)
TOTAL FUNDS		71,297	(460,163)	175,754	(213,112)

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		143,992	(915,548)	631,617	(139,939)
TOTAL FUNDS		143,992	(915,548)	631,617	(139,939)

		Detailed Statement ofFinancial Activities
		for the Year Ended 31December 2021
			2021	2020
INCOME AND ENDOWMENTS
Investment income
Interest received			4,953	7,227
Dividends			67,742	64,070
			72,695	71,297
Total incoming resources			72,695	71,297
EXPENDITURE
Other trading activities
Bad debts				81,832
Investment management	costs
Other operating leases			3,947	4,072
Charitable activities
Grants to institutions			400,135	323,745
Grants to individuals				4,500
			400,135	328,245
Support costs
Governance costs
Wages			16,950	16,796
Social security				53
Pensions			673	471
Independent Examiners Fees			4,278	4,056
Rates and water			148	148
Insurance			408	403
Telephone			1,144	1,254
Postage and stationery			22	188
Sundries			75	157
Legal fees			26,152	25,524
Travelling and subsistence			226	834
Computer expense			795	234
Bank charges			84	94
Foreign exchange gain/loss			28	(4,625)
Fixtures and fittings			247	329
Computer equipment			73	98
			51,303	46,014
Total resources expended			455,385	460,163
Net expenditure before gains and		losses	(382,690)	(388,866)

		Detailed Statement ofFinancial Activities
		for the Year Ended 31December 2021
			2021	2020
Realised recognised	gains and losses
Realised gains/(losses)	on	fixed asset investments	84,728	(33,668)
Unrealised gains/(losses)		on fixed asset
investments			371,135	209,422
Net income/(expenditure)			73,173	(213,112)