| i&court ofthe Directors | |
|---|---|
| Btetement of Dlmctors' | responsibilities |
| independent auditor's |
report |
| Statement offinancial | activities |
| income and expenditure account |
|
| Balance sheet | |
| Notes to the financial | statements |
| 2020 | 2020 | |||||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | 202D | Total | 2019 | Total | |
| Funds | Funds | Funda | Funds | |||
| INCOMINt2 RESOURCEB | ||||||
| Incoming resources froni charitable |
||||||
| ncfivltlas | ||||||
| Donebons anf Fund Raiair g fundraising |
105,34D 0 |
109,787 8,295 |
216,107 8,l'?95 |
375.368 28.9f3 |
||
| Totrd Incoming resources |
106,340 | 110,062 | 224r402 | 404,281 | ||
| RESOURCKS EXPENDED | ||||||
| Charitable activities Educatiorl Adminisua9on Govern anoe Funtiraising |
30,180 | 156,755 1,916 3,456 |
188,936 1,i016 3, i56 |
304.389 1.950 5.256 7,478 |
||
| Total resources expended | 3D,100 | 164,127 | 194,308 | 310,081 | ||
| NET MOVEMEMT IN FUNDS FOR THK YEAR Funda bffwd |
70.160 4r400 |
(40.060) 138,00D |
30,094 142,450 |
05,230 57.220 |
||
| Funds carried forward 31 October 2020 | 00,810 | 01,934 | 172,544 | 142,450 |
| 2026 | 2010 | |
|---|---|---|
| 2 | 2 | |
| INCOME | ||
| Donsbons unrestricted Donslions restdoted Fundreising unreelnuusd |
199,767 106,340 8,295 |
375,918 4,450 25,913 |
| Total income | 224r462 | |
| EXPENOITURE Eduusti err Admlnlsmnion Govern ence Fundreislng |
188,936 1,9IIB 3,456 5 |
304,369 1,950 5,256 |
| Totel expenditure | 104.308 | 310.051 |
| Excess oiinoome over expenditure | ~30094 | 85,230 |
| The notes on pages 12-15form perl ofthese gnsnulel slslernents, |
| African Gifted Fou Balance Sheet as |
ndation at 31 October |
2020 | ||
|---|---|---|---|---|
| 7010 | ||||
| feting | ||||
| 174,206 | t40Pra | |||
| Coggf7770B:~ | due withm one year | 0 | f88527 | f7W0) |
| FtJftftgU~ Fcrnds | 01.004 | 180dt00 | ||
| Funds | ||||
| 11 | 172.544 | 142c460 |
| 2 DICONING | RESOURCES FRODI CHARITASLE ACTIVBIEF | 2320 | 2D19 0 |
|---|---|---|---|
| 1INI.H37 | 370,910 | ||
| 106,340 | 4,400 | ||
| Flr rej rerllflg | 8,795 | 284313 | |
| 224,403 | |||
| 3 EDUCATKIN EXPENOITURH | 232D | ||
| 2 | |||
| 4 ADNDSDT | RATION EXPENDITURE | 2220 | 2D19 |
| Admirer ltebarl | 5 | 3 ~190D |
|
| 5 GOVERNANCE COSTS | 2320 | 2019 | |
| b | e | ||
| AedrI Ieeb AroourderroT |
mmN | L390 I,IDB |
1,500 3.456 |
| 6 FUHO RAISING |
2120 | ||
| b | |||
| 7476 |
| 0 | OESTOR8r | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2320 | 2019 | ||||||||
| 0 | E | ||||||||
| 0 | CREOITGRSr | A14CUHTS | FALLING | UUE | WITHIN | OHE | YEPJI | 2019 | |
| e ~30 |
| 2010e | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2L3GI | |||||||||
| 2,130 | |||||||||
| 371 ~25 Iyo |
|||||||||
| The average | mnrmy nmnba | olemployees | mmng | ttm pmlad eases (ceous | |||||
| 3520 | 2019 | ||||||||
| Na. | Na, | ||||||||
| 'yrmeras eld~ Tl4 tnmlaOS Ora eI vnhrdeare ro~m recalled any |
nhn Uns mse time orb.'bmm8mfrorn |
arm~n09O4 «herDe. NOne OI an~aonlhe ohantvg019 |
Ihe Iruslees hav» been psm any U151 |
| DaknCa | m | In«OmlnD | In«OmlnD | Roose«car | Galanclsl | Sa | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 3IIIDIIDID 5 |
losorrrv4e | errperl dad | 3UIDNOZD 5 |
3IIIDMDID 5 |
||||||
| Unnmuktsd Raslrlmed |
rends Imt«9 |
135,90D 4450 |
1 solid 1%L340 |
104,1st DG100 |
51.334 NL 110 |
130.aee ~450 |
||||
| T«4st Ftm Reelncted |
de ttmm |
rd 25051012019 | Dl 450I meste terhsmemv | rvmrmd | tcr~R smvmm. | 113544 The need«lead |
1444IM funds e elm uee |
|||
| nn chmtubk sett«Mm er Ummed |
Sy ms tludees. | |||||||||
| 12 ANALYSIS OF INT ADDSTS | SEIWEEN FUNDS | |||||||||
| 203D | 2D20 | 2520 | 2519 | |||||||
| Reelrlmsd | Unreltdmed | Tctm | Total | |||||||
| Funds | Funds | Fmlde | Funds | |||||||
| 5 | e | 5 | ||||||||
| Ounonl alecto Cunmo Immmm |
DO,IH0 | IM,DNI fADDU |
135456 CLISR |
tdSDTD (3,53M |
||||||
| Tmm rtvs | sormle | tl10 | 51034 |