``` REGISTERED COMPANY NUMBER: 07069641 (England and Wales) REGISTERED CHARITY NUMBER: 1137150 ``` ## **`Report of the Trustees and`** ## **`Unaudited Financial Statements`** ## **`for the Year Ended 30 November 2021`** ## **`for`** ## **`ANGELLITE`** ``` Cobley Desborough Chartered Certified Accountants Chartered Tax Advisers Artisans' House 7 Queensbridge Northampton Northamptonshire NN4 7BF ``` ``` ANGELLITE ``` ``` Contents of the Financial Statements for the Year Ended 30 November 2021 ``` ||**`Page`**| |---|---| |**`Report of the Trustees`**|`1 to 4`| |**`Independent Examiner's Report`**|`5 to 6`| |**`Statement of Financial Activities`**|`7`| |**`Statement of Financial Position`**|`8 to 9`| |**`Notes to the Financial Statements`**|`10 to 16`| |**`Detailed Statement of Financial Activities`**|`17`| ``` ANGELLITE ``` ``` Report of the Trustees for the Year Ended 30 November 2021 ``` ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended30November2021. The trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`Objectives and activities`** ## **`Objectives and aims`** ``` The objectives of the charity are:- ``` - `a. To promote the education in such ways to promote public good.` - `b. The relief of financial hardship.` - `c. The relief of sickness and the preservation of health.` - `d. The relief of financial need and suffering among victims of natural or other kinds of disaster.` - `e. The promotion of sustainable development means of development which meets the needs of the present without compromising the ability of future generations to meet their own needs.` ``` Page 1 ``` ``` ANGELLITE ``` ``` Report of the Trustees for the Year Ended 30 November 2021 ``` ## **`Achievement and performance`** ## **`Charitable activities`** ``` Intheyear2020/21thecharitycontinuedtopursueitspublichealthprogramswithinour communities. Furtherinroadwasmadewiththepreviouslyluncheddigitalskillacquisitionprojectdesignedto help unemployableyouthstogainpracticalworkplaceskillsandbecomeemployable.Infurtheranceto the successsofarattained,wecontinuedengageouractivitiesonfundraisingandseekingdonations towards ourwidercharitableobjectsineducation,womenandchildren'shealth,international development, emergency and disaster reliefs, and continuous research activities. ``` ``` As notedabove,our group'spublichealthprojectsand the digitalskillacquisitionsprojectshave reinforced our visionsand convictionsthat our charityis able to come up with programsin partnershipwith benefiting communitiesandotherstakeholders,in addressingidentifiedissues,aswellasensuringsustainability. We want to recognisethat the knowledgeand skillsbroughton boardby the numerousvolunteerswhich were instrumental to the successful completion of our activities. ``` ``` Wecontinuedtomaintainsignificantlyreducedoverheadsbyengagingthegeneroussupportsfrom our volunteers.Angelliteremainscommittedto efficientlytargetinggrants so that they have a maximum effect. However,noneofwhatisachievedyearin andyearoutwouldbepossiblewithouttheincredible support from our wonderful donors, wellwishers and trustees. ``` ``` Ontheinternationalstage,ourcharityreceivedgrantstocontinueitseducationandhealthprojects in Africa.Thehealthprojectscontinuedtofocusonaddressingprevalentratesofinfantmortalityand to improvethematernalhealth'sofpregnantandnursingmothers.Theeducationprojectontheother hand was used to stimulatethe recruitsand retentionsof school age childrenespeciallygirls into primary schools inNorthernNigeria.Theprojectshavethusfarbeenusedtoencouragetheattainmentofbasic primary education. ``` ``` ThecharityfutureplanswouldplaymajorrolesinthePublicHealthChallengesintheUKespeciallyas it relatestotheBAMEpopulations(AccessandOrganDonations.Wewillcontinuetosourceforgrants and funding to implementinterventionsand strategiesaddressingyouth unemploymentand homelessness. The charitywouldaswellseekfundingfortheimplementationofourinternationaloutreachprograms on education,womenhealth,infantmortality,and disasterreliefsand continueto partnerwithleading NGOs in relevant collaborative fields. ``` ``` Ourcharityismoredeterminedtoraisemore,domoretohelpmorecommunities.Wehopetobuck the trends and continue the great works in our communities and internationally. ``` ``` ThetrusteesconfirmthattheyhaveareferraltotheCharityCommission'sguidanceonthepublic benefit when reviewing the Charity's aims and objectives in planning future activities and policies. ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act 2006 relating to small companies. ``` ``` Page 2 ``` ``` ANGELLITE ``` ``` Report of the Trustees for the Year Ended 30 November 2021 ``` ## **`Financial review`** ## **`Funds in deficit`** ``` As at 30 November2021,the charitydid not have unrestrictedcore reserves.The deficitis £11,426 which has increasedsince 2020 when it was £8,111.It was difficultto secure funding during the period due to the effectofCOVID-19andageneraloversubscriptionforgrantfunding.However,ourtrusteeshave been promisedmore grants in the currentyear and we hope that grants will materialiseto offsetthe deficits and return it to a positive position. ``` ## **`Structure, governance and management`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,TheMemorandumandArticlesofAssociation dated 6thNovember2009,asamendedbyresolutiondated30thJune2010,andconstitutesa limited company, limited by guarantee, as defined by the Companies Acts 2006. ``` ## **`Organisational structure`** ``` Thecharity'sactivitiesareoverseenbythetrusteeswhomeetregularlytodiscussthe activities, programmesandbudgetsofthecharity.Thecharity'sdailyoperationsareconductedbya volunteered programmes officer, Mr P Anyaoma, who reports to the trustees on a daily basis. ``` ## **`Reference and administrative details Registered Company number`** ``` 07069641 (England and Wales) ``` ## **`Registered Charity number`** ``` 1137150 ``` ## **`Registered office`** ``` Artisans' House 7 Queensbridge Northampton Northamptonshire NN4 7BF ``` ## **`Trustees`** ``` Mr O C H Ugorji Director (appointed 24.12.20) Miss N N Nwachukwu Trustee Mr K U Peters Trustee Mr J Poke Trustee ``` ``` Page 3 ``` ## **`ANGELLITE`** ## **`Report of the Trustees for the Year Ended 30 November 2021`** ## **`Reference and administrative details`** ## **`Independent Examiner`** ``` T M Cobley FCCA Cobley Desborough Chartered Certified Accountants Chartered Tax Advisers Artisans' House 7 Queensbridge Northampton Northamptonshire NN4 7BF ``` ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 18 October 2022 and signed on its behalf by: ``` ``` Mr J Poke - Trustee ``` ``` Page 4 ``` ``` Independent Examiner's Report to the Trustees of Angellite ``` ## **`Independent examiner's report to the trustees of Angellite ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 30 November 2021. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your charity'saccountsas carried out under section145 of the CharitiesAct 2011 ('the 2011 Act'). In carrying out my examinationI have followedthe Directionsgiven by the CharityCommissionunder section145(5)(b) of the 2011 Act. ``` ``` Page 5 ``` ``` Independent Examiner's Report to the Trustees of Angellite ``` ## **`Independent examiner's statement - matters of concern identified`** ``` I have completed my examination. ``` ``` Ihaveidentifiedmattersofconcerninmyreportduetoaoneofflapseinthekeepingof accounting records. ``` ``` Inotedalapseinthekeepingofaccountrecordsasthecharitywasunabletoprovide supporting documentationtoevidencefromwhommonieshadbeenreceivedorpaidtoasthesedocuments were mislaidby the charity,to supportthe entriescontainedon the bank statementsprovidedto me.You have confirmedthatthiswasa one-offlapseandfollowingthis,youhaveestablishedproceduresand protocols to ensure that this will not occur in future years. ``` ``` As the examiner,I havejudgedthatit was not a matterof materialsignificantand so therewas no duty to report directly to the Commission. ``` ``` I confirmthatnoothermattershavecometomyattentioninconnectionwiththeexaminationgiving me reasonable cause to believe that in any material respect: ``` `1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; and` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Iconfirmthattherearenoothermatterstowhichyourattentionshouldbedrawntoenablea proper understanding of the accounts to be reached. ``` ``` T M Cobley FCCA Cobley Desborough Chartered Certified Accountants Chartered Tax Advisers Artisans' House 7 Queensbridge Northampton NN4 7BF ``` ``` 18 October 2022 ``` ``` Page 6 ``` ## **`ANGELLITE`** ## **`Statement of Financial Activities`** ## **`(Incorporating an Income and Expenditure Account) for the Year Ended 30 November 2021`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`47,319`
**`EXPENDITURE ON`**
**`Charitable activities`**
`International aid & development`
`49,554`
`Other`
`1,080`
**`Total`**
`50,634`
**`NET INCOME/(EXPENDITURE)`**
`(3,315)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`(8,111)`
**`TOTAL FUNDS CARRIED FORWARD`**
`(11,426)`|`Restricted`
`funds`
`£`
`31,549`
`31,549`
`-`
`31,549`
`-`
`-`
`-`|`2021`
`Total`
`funds`
`£`
`78,868`
`81,103`
`1,080`
`82,183`
`(3,315)`
`(8,111)`
`(11,426)`|`2020`
`Total`
`funds`
`£`
`92,541`
`107,073`
`844`
`107,917`
`(15,376)`
`7,265`
`(8,111)`| |---|---|---|---| ``` The notes form part of these financial statements ``` ``` Page 7 ``` ## **`ANGELLITE`** ## **`Statement of Financial Position 30 November 2021`** |`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Cash at bank`
`23,805`
`-`
**`CREDITORS`**
`Amounts falling due within one year`
`6`
`(4,029)`
`-`
**`NET CURRENT ASSETS`**
`19,776`
`-`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`19,776`
`-`
**`CREDITORS`**
`Amounts falling due after more than one`
`year`
`7`
`(31,202)`
`-`
**`NET ASSETS`**
`(11,426)`
`-`
**`FUNDS`**
`9`
`Unrestricted funds`
**`TOTAL FUNDS`**|`2021`
`Total`
`funds`
`£`
`23,805`
`(4,029)`
`19,776`
`19,776`
`(31,202)`
`(11,426)`
`(11,426)`
`(11,426)`|`2020`
`Total`
`funds`
`£`
`26,642`
`(2,949)`
`23,693`
`23,693`
`(31,804)`
`(8,111)`
`(8,111)`
`(8,111)`| |---|---|---| ``` Thecharitablecompanyis entitledto exemptionfromauditunderSection477of theCompaniesAct 2006 for the year ended 30 November 2021. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` Page 8 ``` ``` ANGELLITE ``` ## **`Statement of Financial Position - continued`** ## **`30 November 2021`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 18 October 2022 and were signed on its behalf by: ``` ``` Mr J Poke - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 9 ``` ``` ANGELLITE ``` ``` Notes to the Financial Statements for the Year Ended 30 November 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102, havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS 102)(effective1 January2019)',FinancialReportingStandard102'TheFinancialReporting Standard applicablein theUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` Allincomeisrecognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Computer equipment- 33% on cost ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial statements. ``` ## **`Going concern`** ``` The currenteconomicconditionspresentincreasedrisksfor all businessesand charities.In response tosuchconditions,thedirectorshavecarefullyconsideredtheserisks,includinganassessment of uncertaintyonfuturecashflowprojectionsfora periodofatleasttwelvemonthsfromthedate of signingthefinancialstatements,andtheextenttowhichtheymightaffectthepreparationof the financial statements on a going concern basis. ``` ``` Page 10 ``` ``` ANGELLITE ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 November 2021 ``` ## **`1. ACCOUNTING POLICIES - continued`** ## **`Going concern`** ``` Basedonthisassessment,thedirectorsconsiderthattheCharitymaintainsanappropriatelevel of liquidity,sufficientto meet the demandsof the Charityincludingany capital and servicing obligations of external liabilities. ``` ``` Inaddition,theCharity'sassetsareassessedforrecoverabilityonaregularbasis,andthe directors considerthat the Companyis not exposedto lossesof these assetswhich would affecttheir decision to adopt the going concern basis. ``` ``` ThedirectorsarethereforesatisfiedandhaveareasonableexpectationthattheCharity has adequateresourcestocontinueinoperationalexistencefortheforeseeablefutureandthat there are no materialuncertaintiesthat lead to significantdoubt upon the Charity'sabilityto continueas a goingconcern.Furtherdetailis providedin theFundsin deficitnotein theFinancialReview section oftheReportoftheTrustees.Thesefinancialstatementshavethereforebeenpreparedona going concern basis. ``` ## **`2. DONATIONS AND LEGACIES`** |`Grants`
`Donations`|`2021`
`£`
`76,638`
`2,230`
`78,868`|`2020`
`£`
`90,833`
`1,708`| |---|---|---| |||`92,541`| ## **`3. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended30November2021 nor for the year ended 30 November 2020. ``` ## **`Trustees' expenses`** ``` No expenses were reimbursed to trustees during the year (2020: £Nil). ``` ``` Page 11 ``` ``` ANGELLITE ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 November 2021 ``` |**`4.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`16,708`
**`EXPENDITURE ON`**
**`Charitable activities`**
`International aid & development`
`31,240`
`Other`
`844`
**`Total`**
`32,084`
**`NET INCOME/(EXPENDITURE)`**
`(15,376)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`7,265`
**`TOTAL FUNDS CARRIED FORWARD`**
`(8,111)`
**`5.`**
**`TANGIBLE FIXED ASSETS`**
**`Cost`**
`At 1 December 2020 and`
`30 November 2021`
**`Depreciation`**
`At 1 December 2020 and`
`30 November 2021`
**`Net book value`**
`At 30 November 2021`
`At 30 November 2020`|`Restricted`
`Total`
`funds`
`funds`
`£`
`£`
`75,833`
`92,541`
`75,833`
`107,073`
`-`
`844`
`75,833`
`107,917`
`-`
`(15,376)`
`-`
`7,265`
`-`
`(8,111)`
`Computer`
`equipment`
`£`
`5,235`
`5,235`
`-`
`-`| |---|---| ``` Page 12 ``` ``` ANGELLITE ``` ## **`Notes to the Financial Statements - continued for the Year Ended 30 November 2021`** |**`6.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Bank loans and overdrafts (see note 8)`
`Accrued expenses`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**
`Bank loans (see note 8)`
**`8.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Bank loans`
`Amounts falling between one and two years:`
`Bank loans - 1-2 years`
`Amounts falling due between two and five years:`
`Bank loans - 2-5 years`
`Amounts falling due in more than five years:`
`Repayable by instalments:`
`Bank loans more 5 yr by instal`|`2021`
`£`
`2,133`
`1,896`
`4,029`
`2021`
`£`
`31,202`
`2021`
`£`
`2,133`
`6,507`
`20,524`
`4,171`|`2020`
`£`
`2,133`
`816`
`2,949`
`2020`
`£`
`31,804`|`2020`
`£`
`2,133`
`816`| |---|---|---|---| ||||`2,949`| |||`2020`
`£`
`2,133`|| |||`6,507`|| |||`20,524`|| |||`4,773`|| ``` Page 13 ``` ## **`ANGELLITE`** ## **`Notes to the Financial Statements - continued for the Year Ended 30 November 2021`** ## **`9. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`

**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`McArthur Foundation`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`At`
`movement`
`At`
`1/12/20`
`in funds`
`30/11/21`
`£`
`£`
`£`
`(8,111)`
`(3,315)`
`(11,426)`
`(8,111)`
`(3,315)`
`(11,426)`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`47,319`
`(50,634)`
`(3,315)`
`31,549`
`(31,549)`
`-`
`78,868`
`(82,183)`
`(3,315)`
`Net`
`At`
`movement`
`At`
`1/12/19`
`in funds`
`30/11/20`
`£`
`£`
`£`
`7,265`
`(15,376)`
`(8,111)`
`7,265`
`(15,376)`
`(8,111)`| |---|---| ``` Page 14 ``` ``` ANGELLITE ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 November 2021 ``` ## **`9. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`16,708`|`(32,084)`|`(15,376)`| |**`Restricted funds`**|||| |`McArthur Foundation`|`75,833`|`(75,833)`|`-`| |**`TOTAL FUNDS`**|`92,541`|`(107,917)`|`(15,376)`| |`A current year 12 months and prior year 12 months combined position is as follows:`|||| |||`Net`|| ||`At`|`movement`|`At`| ||`1/12/19`|`in funds`|`30/11/21`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`7,265`|`(18,691)`|`(11,426)`| |**`TOTAL FUNDS`**|`7,265`|`(18,691)`|`(11,426)`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`64,027`|`(82,718)`|`(18,691)`| |**`Restricted funds`**|||| |`McArthur Foundation`|`107,382`|`(107,382)`|`-`| |**`TOTAL FUNDS`**|`171,409`|`(190,100)`|`(18,691)`| ``` TheMcArthurFoundationgrantisagranttofundprojectsinNigeriaruninpartnership with GabasawaWomenandChildrenInitiativetosupportmarginalisedanddeprivedvictimsofwars and displaced people. ``` ``` Page 15 ``` ``` ANGELLITE ``` ``` Notes to the Financial Statements - continued for the Year Ended 30 November 2021 ``` ## **`10. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 30 November 2021. ``` ``` Page 16 ``` ## **`ANGELLITE`** ## **`Detailed Statement of Financial Activities for the Year Ended 30 November 2021`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Grants`
`Donations`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Bank charges`
`Project costs`
**`Support costs`**
**`Governance costs`**
`Accountancy fees`
`Total resources expended`
**`Net expenditure`**|`2021`
`£`
`76,638`
`2,230`
`78,868`
`78,868`
`18`
`81,085`
`81,103`
`1,080`
`82,183`
`(3,315)`|`2020`
`£`
`90,833`
`1,708`
`92,541`
`92,541`
`-`
`107,073`
`107,073`
`844`
`107,917`
`(15,376)`| |---|---|---| ``` This page does not form part of the statutory financial statements ``` ``` Page 17 ```