2021-07-31-accounts

Contents			Page
Legal and administrative		information
Report ofthe Trustees
Report ofthe Independent		Examiners
Statement ofFinancial	Activities
Balance Sheet
Notes forming part ofthe		financial statements	8-11

				the year ended	31 July 2	021
						Total	Total
					Notes	2021	2020
							6
Incoming resources
Incoming resources from	generated			funds
Donations					14	44,190	100,652
Investment Income						26,246	31,072
Realised profit on disposal		of investments				55	53,349
Total incoming resources						70 491	185D73
Resources expended
Investment Management	Fees					9,300	10,024
Charitable activities
Grants and donations made						24,000	45,449
Other costs						68,917	62,533
Total resources expended						102,217	118,006
(Loss)IGain on revaluation		of	investments			300 2DD	~242,559
Net resources expended		including		(Loss)I		197,983	(360,565)
Gain on investments
Net movement in funds						298474	~175,492
Fund balances brought forward			at 1	August 2020		1,618,150	1,793,642
Fund balances carried forward			at 31	July 2021		1,886,624	1,618,150
All funds are unrestricted	funds.

		The S	outh Asian Decorative Arts and Crafts	outh Asian Decorative Arts and Crafts	outh Asian Decorative Arts and Crafts	Trust
			Balance Sheet as at 31 July 2021
				2021			2020
			Notes		6
Fixed assets
Tangible fixed assets					141,772			141,846
Investments			10		1,734,843			1,399,757
Current assets				1,876,615				1,541,603
Cash at bank	and	in hand		12,982		7,464
Other debtors						71,059
				12,982		78,523
Creditors			11	2,973		1916
Net current assets					10009			76,547
Total assets	less	current	liabilities	1,000 624			1 618150
Funds:
Unrestricted	funds
General funds				1,886,624			1,618,150
Total funds			13	1	886624		1	610.150

2	Investment		income				2021	2020
								8
	Dividends	receivable		from investments		and unit trusts	26,246	31,072
							26 246	31,072
3	Grants made						2021f	2020 K
	CEPT Scholarship						24,000	45,449
							24 000	45,449
4	Other resources expended						2021	2020f
	Depreciation						74	95
	Bank charges						99	111
	Insurance						160	151
	Wages						65,092	54,303
	Accountancy						2,756	2,945
	Subscriptions							62
	Advertising							200
	Books						228
	Sundry/Travel						508	4,666
							66912	62,533
5	Fees payable		to the	independent	examiner for:		2021	2020
								8
	Independent		examination				1,914	1,674
	Other						842	1,271
							2,756	2 945
6	Staff costs						2021	2020
	Wages &salaries Social security						63,980 1,112	52,791 1,512
							65092	54 303

Investments			Listed	Deposit
			investments	account	Total
			8	6	8
At 1 August 2020			1,325,850	73,907	1,399,757
Additions			362,842		362,842
Disposals			(265,271)		(265,271)
Revaluation			300,200		300,200
Cash movement	in year			(62,685)	(62,685)
Cost/ fair value	at 31	July 2021	1,723,621	11,222	1,734,843
Creditors —Amounts		falling due within one year		2021 8	2020 6
Accruals				1,674	1,674
Creditors				1 299	302
				2,973	1,976

Statement	offunds
			Total
			unrestricted
		General reserve	funds	Total funds
		8	8	8
At 1 August	2020	1,618,150	1,618,150	1,618,150
Income		70,491	70,491	70,491
Expenditure		(102,217)	(102,217)	(102,217)
Revaluation	of investments	300,200	300,200	300,200
At 31 July 2021		1,886,624	1,886,624	1,886,624

13	Analysis ofnet assets	between funds
				Unrestricted
				funds		Total
				8		8
	Fund balances at 31July 2021 are represented		by;
	Fixed assets and Investments			1,876,615		1,876,615
	Net current assets			10,009		10,009
	Total net assets			1,886,624		1,886,624
14	Income from donations	and legacies		2021		2020
					6	K
	Donations			44,190		100,652
				44,	190	100,652