| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 6 | to | 7 | |
| Notes to the Financial Statements | 8 | to | 13 | |
| Oetailed Statement ofFinancial Activities | 14 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | 5 | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
306 | 306 | 332 | ||||
| Investment incoine |
3 | ~53836 | ~53836 | 68,159 | |||
| Total | 54,142 | 54,147 | 68,491 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 4 | 12,296 | 12,296 | 12,766 | |||
| Charitable nativities |
|||||||
| Cost ofmaking gift | 36,365 | 36,365 | 36,582 | ||||
| Total | 48,661 | 48,661 | 49,348 | ||||
| Net gains/(losses) on invesrmenus |
~95753) | ~95753) | 219,SS1 | ||||
| NET INCOME/(EXPENDITURE) | (90,272) | (90,272) | 238,694 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 2,282,402 | 2,282,402 | 2,043,708 | ||||
| TOTAL FUNDS CARRIED FORWARD | ~2,192130 | 2,192,130 | 2,282 402 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestrirted | Restricted | Total | To» | ||
| fund | fund | funds | funds | ||
| 18totes | f. | ||||
| FIXED ASSETS | |||||
| Investments | 8 | 1,926,358 | 1,926,358 | 2,104,345 | |
| CUIIENT ASSETS | |||||
| Debtors | 9 | 1,080 | 1,080 | ||
| Cash at bank | 266,124 | ~266 124 | 190504 | ||
| 267,204 | 267,204 | 190,504 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (1,432) | (1,432) | (12,447) | |
| NET CURRENT ASSETS | ~265772 | 265 771 | 17ll,057 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 271927130 | 2,192,130 | 2,282,402 | ||
| NET ASSETS | ~2,192 130 | ~2,192130 | 2,282 402 | ||
| FUNDS | |||||
| Unrestricted funds |
2 192,130 | 2,282,402 | |||
| TOTAL FUNDS | ~2 192 1311 | 2 2ll2 402 |
| INVESTMENT INCOME | INVESTMENT INCOME | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Deposit account interest | 139 | 562 | |
| Dividend income from investments |
44,501 | 59,075 | |
| Interest receivable &om | investments | ~9196 | 8,522 |
| 53,836 | 68,159 | ||
| RAISING FUNIIS | |||
| Investment management |
costs | ||
| 2020 | 2019 | ||
| Portfolio management | ~12 296 | ~12766 |
| Support | |||
|---|---|---|---|
| costs | |||
| Cost | ofmaking | gift | ~36 365 |
| 31December 2019. | 31December 2019. | 31December 2019. | 31December 2019. | ||
|---|---|---|---|---|---|
| COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| 8 | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
332 | 332 | |||
| Investment income |
68,159 | 68,159 | |||
| Total | 68,491 | 68,491 | |||
| EXPENDITURE ON | |||||
| Ratsing funds | 12,766 | 12,766 | |||
| Charitable activities |
|||||
| Cost ofmaking gift | 36,582 | 36,582 | |||
| Total | 49,348 | 49,348 | |||
| Net gains on investments | 219,551 | 219,551 | |||
| NKT INCOME | 238,694 | 238,694 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 2,043,708 | 2,043,708 | |||
| TOTAL FUNDS CARRIED FORWARD | 2,282,402 | ~2282,402 |
| 8. | FIXED ASSETINVESTMENTS | FIXED ASSETINVESTMENTS | FIXED ASSETINVESTMENTS | |||
|---|---|---|---|---|---|---|
| Listed | ||||||
| ~TVALUE | tnvestmenn | |||||
| At 1January | 2020 | Z,104,345 | ||||
| Additions | 340,075 | |||||
| Disposals Revaluations |
(475,079) ~42 983) |
|||||
| At 31December 2020 | ~1926,358 | |||||
| NET BOOK | VALUE | |||||
| At 31 December 2020 | ~1926,358 | |||||
| At 31 December 20!9 | ~2104,343 | |||||
| There were no investment | assets outside the IJK | |||||
| 9. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 20ZO | 2019 | |||||
| 8 | 5 | |||||
| Prepayments | and accrued | income | ~1080 | |||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| ZOZO | 2019 | |||||
| Accruals and | deferred income | ~1432 | ~12447 | |||
| 11, | MOVEMENT IN FUNDS |
|||||
| Net | ||||||
| movement | At | |||||
| At | 1.1.20 | in funds | 31.12.20 | |||
| 5 | f | |||||
| Unrestricted | funds | |||||
| General fund | 2,282,402 | (90,272) | 2,192,130 | |||
| TOTAL FUNDS | ~2282 402 | ~90272) | ~2192130 |
| Incoming | Resources | Gains and | Movement | ||||||
|---|---|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||||
| 5 | |||||||||
| Unrestricted | funds | ||||||||
| General | fund | 54,142 | (48,661) | (95,753) | (90,272) | ||||
| TOTAL | FUNDS | ~54 142 | ~4866I) | ~95,753) | (90,272) | ||||
| Comparatives | for | movement | in | funds | |||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.1.19 | in funds | 31.12.19 | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 2,043,708 | 238,694 | 2,282,402 | |||||
| TOTAL | FUNDS | 2043 708 | 238,694 | 2 282,402 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f. | |||||
| Unrestricted | funds | ||||
| General fund | 68,491 | (49,348) | 219,551 | 238,694 | |
| TOTAL FUNDS | 68491 | ~49348) | 219,551 | 238,694 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.19 | in funds | 31,12,20 | ||
| Unrestricted | funds | |||
| General fund | 2,043,708 | 148,422 | 2,192,130 | |
| TOTAL FUNDS | 2 043 708 | 148,422 | 2 192,130 |
| lnronung | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| E | |||||
| Unrestricted | fonda | ||||
| General fund | 122,633 | (98,009) | 123,798 | 148,422 | |
| TOTAI, FUNDS | 1~22633 | (98,009) | 123,798 | 148,422 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| 6 | f. | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Gifts | 306 | 332 | ||
| Investment income |
||||
| Deposit account interest | 139 | 562 | ||
| Dividend income from investments |
44&501 | 59,075 | ||
| Interest receivable from investments |
~9196 | 8 522 | ||
| ~53836 | 68,159 | |||
| Total incoming resources | 54,142 | 68,491 | ||
| EXPENDITIIRE | ||||
| Investment management |
costs | |||
| Portfolio management | 12,296 | 12,766 | ||
| Support costs | ||||
| Management | ||||
| Professional fees |
4,483 | 4,483 | ||
| Other beneficiaries | 636 | |||
| SPINE grants fund | 30,000 | 30,000 | ||
| Spine- computer equipment |
445 | |||
| 34&928 | 35,119 | |||
| Finance | ||||
| Bank charges | 33 | |||
| Other | ||||
| Independent examiner's |
fee | 1,404 | 1,430 | |
| Total resources expended | ~48661 | 49 348 | ||
| Net income before gains | and losses | 5,481 | 19,143 | |
| Realised recognised gains |
and losses | |||
| Realised gains/(losses) on |
fixed asset investments | ~49 879) | ~17913 | |
| Net (expeaditure)/income | ~44398) | 37,056 |