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|CONTENTS|||Page|
|Legal and Administrative||Information||
|Trustees' Reports|||2-4|
|Independent
Auditors'|Report||5-8|
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Statement ofCharity|Cash|Flow||
|Notes to the Accounts|||12-18|
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||||31December|31December|31December|
|---|---|---|---|---|---|
|||||2020|2019|
|||Unrestricted|Restricted|||
|||funds|funds|Total funds|Total funds|
||Notes|||||
|INCOMING RESOURCFS||||||
|13onations and legacies||9,100|38,108|47,208|51,044|
|Charitable
activities||14,737|—|14,737|207,486|
|TOTAL INCOMING RESOURCES||23,837|38,108|61,945|258,530|
|RESOURCESEXPENDKD||||||
|Fundraising
costs||(2.252)||(2,252)|156,790|
|Charitable
activities||1,744|32,449|34,193|63,562|
|Other expenditure||8,980||8,980|9,800|
|TOTALRKSOURCESKXPENDED||8,472|32,449|40,921|230,152|
|NET INCOMING RESOURCES||15,365|5,659|21,024|28,378|
|FUND BALANCES BROUGHT FORWARD||||||
|FROM PRIOR YEAR||154,613|10,000|164,613|136,235|
|FUND BALANCES CARRIED FORWARD||||||
|AT END OFYEAR|1 i|169.,978|15,659|185,637|164,613|
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||||Nate|31December 2020
f|31December 2020
f|f||31December
f|2019|
|---|---|---|---|---|---|---|---|---|---|
|CURRENT ASSETS||||||||||
|Debtors|||9|83,443||||124,019||
|Cash at bank and in hand||||I I 1,914||||233,146||
|||||195,357||||357,165||
|CREDITORS: amounts|falling due|||||||||
|within one year|||10|(9,720)||||(192,552)||
|NET ASSETS|||||185,637||||164,613|
|THE FUNDS OF THE|CHAMTY|||||||||
|Unrestricted
funds|||||169,978||||154,G I3|
|Restricted funds|||||15,G59||||i0.000|
|TOTAL FUNDS|||||185,637||||164.613|
|The financial
statements|were approved|and authorised|Gtr issue|by the Board an|g|~|D|||
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||||||||31December|2020|31December|2019|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|8|g|g|0|
|Cash notvs from operating||activities|||||||||
|Net cash provided
by operating|||activities|||16||(121,232)||(53,623)|
|Net cash provided
by financing||||activities||||(121,232)||(53,623)|
|Change in cash and cash equivalents|||||in the||||||
|repordng
period||||||||(121,232)||(53,623)|
|Cash and cash equivalents|at|the||beginning of|||||||
|the reporting period||||||||233,146||286,769|
|Cash and cash equivalents||at|the||end ofthe||||||
|reporting
period||||||||111,914||233.146|
|Cast at bank and in hand||||||||111,914||233,146|
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|SPONSOR|SHIP
AND DONATIONS|||||
|---|---|---|---|---|---|
|||||31December|31December|
|||||2020|2019|
|||Unrestricted|Restricted|||
|||funds|funds|Total funds|Total funds|
|||||8|8|
|Donations,|piedges and sponsorship|9,100|38,108|47,208|26,424|
|Gills in kind|||||24,620|
|||9,100|38,108|47,208|51,044|
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|CHARITABI.KACTIVITIES INCO|ME||||
|---|---|---|---|---|
||||31December|31 December|
||||2020|2019|
||Unrestricted|Restricted|||
||funds|funds|Total funds|Total funds|
|||8||8|
|Entry fees and accommodation|15.567||15,567|107,700|
|Auction proceeds||||99,786|
||15,567||15,567|207,486|
|RAISING FUNDS|||||
|---|---|---|---|---|
||||31December|31December|
||||2020|2019|
||Unrestrkted|Restricted|||
||funds|funds|Total tbnds|Totalfunds|
||||8||
|Course fees and event hire costs
GolfAuction expenses||||109,115
36,245|
|Benetit Auction event expenses|||||
|Benefit Auction expenses|||||
|Sundry costs|393||393|3,708|
|Travel costs
Courier costs||||4,008
3,695|
|Bank charges|40||40|119|
|Bad debts - recovered|(2,685)||(2,685)|(100)|
||(2,252)||(2,252)|156,790|
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|CBARIT|ABLE ACTIVITIES||||||
|---|---|---|---|---|---|---|
|||||31December|31|December|
|||||2020||2019|
|||Unrestricted|Restricted||||
|||fundsf|funds
f|Total funds
f|Total fundsf||
|Donation|to Institution|1,744|32,449|34,193||60,000|
|Fees waived||||||3,562|
|||1,744|32,449|34,193||63,562|
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|OTHER COSTS|||||
|---|---|---|---|---|
||||31Decetnber|31December|
||||2020|2019|
||Unrestricted|Restricted|||
||fundsf|funds|Total funds|Total fundsf|
|Audit fee|8,400||8,400|9,180|
|Accountancy|1.320||1,320|1,860|
|Over accrued 2019/2018|(840)||(840)|(1,240)|
|Penalty|100||100||
||8,980||8,980|9,800|
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||||31December|31December|
|---|---|---|---|---|
||||2020|2019|
||||f.||
|Trade debtors|||1,000|84,663|
|Prepayments||and accrued income|||
||||39.356|39,356|
|Amounts|owed by group||43,087||
||||83,443|124,019|
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|CREDIT|ORS: AMOUNTS FALLINC DUF. W|ITHIN ONE YEAR||
|---|---|---|---|
|||31December|31December|
|||2020|2019|
|Trade creditors|||21,378|
|Amounts|due to MAD SA||154,974|
|Accruals|and deferred income|9,720|16.200|
|||9,720|192,552|
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|At 31Decem|ber 2020, unrestricted
and restdctc|d funds arc snaly|sed
as follows:|||
|---|---|---|---|---|---|
|||At 1 January|Incoming||At 31 December|
|||2020
f|Resources|Expenses|2020f|
|Unrestricted||154,613|23,837|8,472|169,978|
|Restricted||||||
|Ambassador|Award|10.000|||10,000|
|Scholarship|||38,108|(32,449)|5,659|
|||164,613|61,945|40,921|'185,637|
|Funds for the year ended 31December 2019||||||
|||At IJanuary|Incoming||At 31 December|
|||2019f|Resources|Expenses|2019|
|Unrestricted||136,235|248,530|(230,152)|154%613|
|Restricted||||||
|Ambassador|Award||10,000||10,000|
|||136,235|258,530|(230,152)|164,613|
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|ANALYSIS OF NET ASSETS|BETWEEN FUNDS|||
|---|---|---|---|
||General|Restricted||
||funds|fundsf|Total funds
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|Cash|96,255|15,659|111,914|
|Other current assets|83443||83,443|
|Current liabilides|(9,720)||(9,720)|
||169,978|15,659|185,637|
|Analysis ofnet assets between|funds for the year ended 31December 2019|||
||General|Restricted||
||funds|funds|Total funds|
|Cash|223,146|10,000|233,146|
|Other current assets|124,019||124,019|
|Current liabilities|(192,552)||(192,552)|
||154,613|10,000|164,613|
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|14.|COMMITMKNTS||||
|---|---|---|---|---|
||The Charity has cormnitments|of:|||
||||2020f|2019|
||Coun e fees and event hire||39,356|39,356|
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|||||2020I|2019|
|---|---|---|---|---|---|
|Net income for the|reporting|period|||28,378|
|Adjustments
for:||||||
|Decrease/(Increase)|in debtors|||56.128|(55,459)|
|(Decrease) in creditors||||(182,832)|(26,542)|
|Net cash provided|by operating||activities|1121,232)|133 323)|
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||2020|2019|
|---|---|---|
||g|g|
|Cash at bank and in hand|111,914|233,146|
|Net debt at year end|111,914|233,146|