2020-12-31-accounts - The Butrint Foundation

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Charity name	Charity name	The Butrint Foundation	The Butrint Foundation	Limited (the	"Foundation" )
Charity number		1135705
Company	number	07230517
Registered office		Estate Yard Office
		Queen Street
		Waddesdon
		Buckinghamshire	HP18	OJW
Trustees		Lord Rothschild	OM GBE
		Lord Sainsbury	of Preston Candover		KG (retired 13October 2020)
		The Hon. Emily	Freeman-Attwood
		Mr Edoardo Rothschild-Tomassini
Principal	Officer	Brian Ayers (Consultant)
Bankers		NatWest
		22 Market Square
		Aylesbury HP20	1SJ

STATEMENT OF FIN	ANCIAL	ACTIVITIES FOR	THE YEAR	ENDED 31DECEMB	ER 2020
				Unrestricted	2020	2019
			Notes	Funds	Total	Total
				E	E	E
Income
Donations				100,000	100,000	50,000
Other income				0	0	218
Total income				100,000	100,000	50,218
Expenditure
Charitable activities			4, 5	(73,901)	(73,901)	(37,913)
Total expenditure				(73,901)	(73,901)	(37,913)
Currency gains/(losses)				(1,134)	(1,134)	1,253
Net income/(expenditure)		for the year		24,965	24,965	13,558
Net movement in funds for		the year
Total funds brought	forward			46,261	46,261	32,703
Total funds carried	forward			71,226	71,226	46,261

		Notes		2020		2019
Current assets
Debtors		6	75,000		50,000
Cash at bank			36,670		17,238
Total current assets			111,670		67,238
Current liabilities
Creditors, amounts	falling due within one year	7	(16,088)		(20,977)
Net current assets				95,582		46,261
Creditors; amounts falling due after one year				(24,356)
Total net (liabilities)/assets				71I226		46I261
Funds
Unrestricted				71,226		46,261
				71,226		46,261
The Notes on pages 9	to 12form part ofthese accounts.
Company number; 07230517

November 2020 and this was accrued at the 4. ANALYSIS OF GRANTS	year end.
	2020		2019
Reconciliation ofgrants payable
Commitment at 1January 2020		12,691		24,806
Grants not accrued at 1January 2020
Grants approved in the year	36,080
Grants cancelled or refunded
Grants not accrued at 31December 2020
Grants payable for the year		48,771
Grants paid during the year		(11,565)		(10,856)
Currency (gains)/losses		1,134		(1,259)
Grants committed but unpaid at 31December 2020		38,340		12,691
Commitments at 31December 2020 are payable
Within one year (Note 7)		13,984		12,691
After more than one year		24,356
		38,340		12,691

													2020	2020				2019
											Charitable				Total		Charitable		Total
												activities		allocated			activities		allocated
													E		f			E	f
	Consultancy											7,700			7,700		11,700		11,700
	Travel												613		613		1,980		1,980
	Administration											5,028			5,028		1,929		1,929
	Independent		examination			fees							840		840			840	840
	Archiving and		publications									23,640		23,640			21,464		21,464
												37,821		37,821			37,913		37,913
	The Foundation			employed			no staff in the				year	(2019:nil).
	No Trustee received remuneration								or was		reimbursed expenses				during	the year.
	The increase		in other		costs		over	recent years				is due to		archiving	and publication			costs in	direct
	furtherance	ofthe Butrint					Foundation's			charitable			objectives.
6.	DEBTORS
																		2020	2019
																		E	E
	Accrued income																	75,000	50,000
																		75,000	50,000
7.	CREDITORS —amounts				falling due				within		one	year
																		2020	2019
																		E	E
	Accruals																	2,104	4,926
	Other creditors																		3,360
	Grants payable			within	one year													13,984	12,691
																		16,088	20,977
8.	CREDITORS —amounts				falling due				after more			than	one	year
																		2020	2019
																		f	E
	Grants payable after				more		than	one year										24,356
																		24,356
9.	UNRESTRICTED INCOME FUNDS
								Balance				Incoming		Outgoing			Currency		Balance
									2019			resources		resources			gains		2020
											f			E		E		f	f
	General funds								46,261			100,000			(73,901)		(1,134)		71,226