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





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|||||the year ended|31 July 2|021||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
||||||Notes|2021|2020|
||||||||6|
|Incoming resources||||||||
|Incoming resources<br>from|generated|||funds||||
|Donations|||||14|44,190|100,652|
|Investment<br>Income||||||26,246|31,072|
|Realised<br>profit on disposal||of investments||||55|53,349|
|Total incoming resources||||||70 491|185D73|
|Resources expended||||||||
|Investment<br>Management|Fees|||||9,300|10,024|
|Charitable<br>activities||||||||
|Grants and donations<br>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<br>in funds||||||298474|~175,492|
|Fund balances brought<br>forward|||at 1|August 2020||1,618,150|1,793,642|
|Fund balances<br>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|





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|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<br>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<br>Social security||||||63,980<br>1,112|52,791<br>1,512|
||||||||65092|54 303|





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|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<br>8|2020<br>6|
|Accruals||||1,674|1,674|
|Creditors||||1 299|302|
|||||2,973|1,976|





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|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|



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|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|



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