| Page | |||
|---|---|---|---|
| General information |
|||
| Report ofthe trustees | 3-4 | ||
| Statement oftrustees' | responsibilities | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Accounting policies |
9-10 | ||
| Notes to the financial | statements | 11-13 |
| Unrestricted | Expendable | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Income | endowment | this year | last year | ||||||
| Note | Fund | Fund | 2021 | 2020 | |||||
| K | E | 6 | |||||||
| Income resources | |||||||||
| Voluntary Income |
|||||||||
| Donations | 2,980 | 2,980 | 10 | ||||||
| Tax refund due on gift aid | 745 | 745 | |||||||
| Investment income | 10,467 | 10,467 | 14,415 | ||||||
| Total incoming resources |
3,725 | 10,467 | 14,192 | 14,425 | |||||
| Resources expended | |||||||||
| Cost ofgenerating funds |
|||||||||
| Investment management |
costs | ||||||||
| Charitable activities |
|||||||||
| Grants made | 44,000 | 34,608 | 78,608 | 82,677 | |||||
| Governance cost |
|||||||||
| Administration &Trust accounting |
3,040 | 3,040 | 2 980 | ||||||
| Bank charges | |||||||||
| Total resources expended | 47,040 | 34,608 | 81,648 | 85,657 | |||||
| Net incoming/(outgoing) | resources | (43,315) | (24,141) | (67,456) | (71,232) | ||||
| before transfers | |||||||||
| Gross transfers between |
funds | 52 392 | ~52,392 | ||||||
| 9,077 | (76,533) | (67,456) | (71,232) | ||||||
| Net income/(outgoing) | resources | before | |||||||
| other recognised gains |
and | losses | |||||||
| Other recognised gains and losses Realised (Losses)/gains on investment (Losses)/gains on investment assets Net movements in funds |
assets | 9,077 | 8,013 111,786 43266 |
8,013 111,786 52 343 |
561 ~73.957 ~4144.822 |
||||
| Fund balance brought forward |
at 6April | 2020 | (7,970) | 847,863 | 839,893 | 984.515 | |||
| Fund balance carried forward at 5 April | 2021 | 1,107 | 891,129 | 892,236 | 839.893 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | this year | last year | ||||||
| 2021 | 2020 | |||||||
| Current assets | ||||||||
| Investment | portfolio | at market value | 873,822 | 829.553 | ||||
| Debtors | 745 | |||||||
| Cash at bank and | in | hand | 20,708 | 13.320 | ||||
| Creditors: amounts | falling | due within one year | (3,040) | (2,920) | ||||
| Net current | assets | 18,413 | 10,400 | |||||
| Total assets less | current | liabilities | 892,236 | 839893 | ||||
| Funds | ||||||||
| Expendable | endowment | fund | 891,129 | 847.863 | ||||
| Unrestricted | income | fund | 1,107 | (7,970) | ||||
| 892,236 | 839,893 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | E | |||||||||
| 1 | Income | |||||||||
| Donation | 10 | |||||||||
| Gift Aid donation | 2,980 | |||||||||
| Gift Aid refund | 745 | |||||||||
| 3,725 | 10 | |||||||||
| 2 | Investment income |
|||||||||
| Unit trust | distributions (Accumulation |
units) | 10,467 | 14,415 | ||||||
| 10,467 | 14,415 | |||||||||
| 3 | Grants | Kay Mason Foundation | 15,000 | |||||||
| Friend ofMettupayan | 5,000 | |||||||||
| The Trussell | Trust | 10,000 | ||||||||
| United World | Colleges | 34,608 | 65.677 | |||||||
| The Highbury | Vale Blackstock Trust | 5,000 | ||||||||
| Hackney Food |
Bank | 5,000 | 2 000 | |||||||
| Islington Giving |
17,000 | |||||||||
| First Story | 2,000 | |||||||||
| 76 688 | 82,677 | |||||||||
| 4 | Governance costs | |||||||||
| Administration | 8 | Trust | accounting | to 5 April 2020 | 2,580 | |||||
| Independent | examination | fees to 5 Apnl 2020 | 400 | |||||||
| Administration 8 Trust accounting |
to 5April 2021 | 2,640 | ||||||||
| Independent examination |
fees to | 5 April 2021 | 400 | |||||||
| 3,040 | 2,980 | |||||||||
| 5 | Fixed asset investments | |||||||||
| Market value | ||||||||||
| Market value brought forward |
829,553 | 968,128 | ||||||||
| Additions | at cost | 10,467 | 14,415 | |||||||
| Less disposals proceeds | 85,997 | 79,600 | ||||||||
| Add/(deduct) net gain/(loss) |
on revaluation | 119,799 | (73,390) | |||||||
| Market value at end ofyear | 873,822 | 829,553 | ||||||||
| Realised | gains/(loss) | 8,013 | 561 | |||||||
| Unrealised | gains/(loss) | 111,786 | (73951) | |||||||
| 119,799 | (73,390 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | ||||||||||
| 6 | Debtors | Gift aid/taxed | interest | refunds outstanding |
from HMRC | 745 | ||||
| Handelsbanken | accrued | interest | ||||||||
| 745 | ||||||||||
| 7 | Creditors: | amount falling due within one year |
||||||||
| Independent | examination | fees io 5 April | 2020 | 400 | ||||||
| Administration | &Trust | accounting | to 5 April 2020 | 2 5SQ | ||||||
| Independent | examination | fees to | 5 April 2021 | 400 | ||||||
| Administration &Trust accounting |
to 5 April 2021 | 2,640 | ||||||||
| 3,040 | 2,980 | |||||||||
| 8 | Analysis ofInvestment | |||||||||
| Mkt Value | Iylkt Value | |||||||||
| at year end | at year end | |||||||||
| Portfolio value | 873,822 | 829 553 | ||||||||
| Total | 873,822 | 829 553 |
| Analysis of |
Funds | ||||||
|---|---|---|---|---|---|---|---|
| At | Income | Expenditure | Gains/losses | At | |||
| 06-Apr-20 | &transfers | 05-Apr-21 | |||||
| 6 | E | E | |||||
| Expendable | endowment | funds | 847,864 | 10,467 | (34,608) | 67,407 | 891,129 |
| Unrestricted | funds | (7,970) | 3,725 | (47,040) | 52,392 | 1,107 | |
| 839,894 | 14,182 | ~81,848 | 119,799 | 892,236 | |||
| At | Income | Expenditure | Gains/losses | At | |||
| 06-Apr-19 | &transfers | 05-Apr-20 | |||||
| Expendable | endowment | funds | 984,515 | 14,415 | (65,677) | (85,390) | 847,864 |
| Unrestricted | funds | 10 | (19,980) | 12,000 | (7,970) | ||
| 984,515 | 14,425 | 85,657 | 73,390 | 839,894 |