##
||||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|