| Financial Statements | Financial Statements | For the Year Ended 31 December 2020 | For the Year Ended 31 December 2020 | |
|---|---|---|---|---|
| Contents | Page | |||
| Legal and | Administrative | Information | ||
| Report of | the Trustees | 3-6 | ||
| Report of | the independent | Examiner | ||
| Statement | of Financial Activities |
|||
| Balance Sheet | ||||
| Notes forming part ofthe |
financial statements | 10-13 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| UNRESTRICTED | UNRESTRICTED | |||||
| FUNDS f |
FUNDS f |
|||||
| NOTES | ||||||
| INCOME | ||||||
| INCOME FROM | ||||||
| GENERATED FUNDS: | ||||||
| INVESTMENT INCOME: | ||||||
| Bank Interest | 141 | 159 | ||||
| INCOME FROM | ||||||
| CHARITABLE ACTIVITIES: | (2) | |||||
| Research and Education | 43,243 | 31,590 | ||||
| TOTAL INCOME | 43,384 | 31,749 | ||||
| EXPENDITURE | ||||||
| COSTS OF GENERATING | ||||||
| FUNDS: | (3) | 1,727 | 4,139 | |||
| CHARITABLE ACTIVITIES | (3) | 31,392 | 22,031 | |||
| GOVERNANCE COSTS |
(3) | 1,902 | 2,100 | |||
| TOTAL EXPENDITURE | 35,021 | 28,270 | ||||
| NET INCOME FOR | ||||||
| THE YEAR | 8,363 | 3,479 | ||||
| RECONCILIATION OF |
FUNDS | |||||
| Total funds brought | forward | 48,313 | 44,834 | |||
| TOTAL FUNDS CARRIED FORWARD | f | 56,676 | f | 48,313 |
| Note | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|
| CURRENT ASSETS | |||||||
| Cash at Bank and | in Hand | (4) | 57,014 | 49,410 | |||
| Debtors and | Prepayments | (5) | 1,687 | 351 | |||
| 58,701 | 49,761 | ||||||
| CURRENT LIABILITIES | |||||||
| Creditors | (6) | (2,025) | (1,448) | ||||
| Net Current | Assets | 56,676 | E | 48313 | |||
| CAPITAL AND | RESERVES | ||||||
| Unrestricted | Funds | - undesignated | E | 56,676 | E | 48,313 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Taught Courses | ||||
| Space Policy and Law Course | 28,018 | 28,283 | ||
| Seminars- | 600 | 1,307 | ||
| Visiting Researcher Fee | 2,000 | |||
| Space Safety Research | 14,625 | |||
| E | 43243 | F | 31,590 |
| TOTAL EXPENDITURE | ||||||
|---|---|---|---|---|---|---|
| RESEARCH | ||||||
| PROJECT & | 2020 | 2019 | ||||
| SEMINARS | PROMOTION | GOVERNANCE | TOTAL | TOTAL | ||
| UNRESTRICTED | f | f | f | f | ||
| COST DIRECTLY ALLOCATED | ||||||
| TO ACTIVITIES | ||||||
| Tutors, Speakers 8 Researchers | 23,208 | 23,208 | 8,659 | |||
| Rooms & facilities | 4,295 | |||||
| Conference 8 meetings |
2,537 | 119 | 2,656 | 3,646 | ||
| Travel | 513 | 513 | 665 | |||
| SUPPORT COSTS ALLOCATED | ||||||
| TO ACTIVITIES | ||||||
| Administration | 4,750 | 204 | 60 | 5,014 | 5,835 | |
| Postage & Office Expenses |
17 | 354 | 371 | 2,448 | ||
| Statutory 8 Compliance |
Fees | 48 | 48 | 48 | ||
| Professional Bodies Fees |
367 | 1,404 | 1,771 | 1,234 | ||
| Independent Examiner's |
Fees | 1,440 | 1,440 | 1,440 | ||
| TOTAL EXPENDITURE | f 31,392 | f 1,727 | f 1,902 | f 35,021 f 28,270 |
| DEBTORS | |||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| E | E | ||||
| Debtors and prepayments | 1,687 | F | 351 | ||
| CREDITORS —DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | ||||
| F | F | ||||
| Other creditors and accruals | F | 2 025 | E | 1 448 |