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||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<br>Activities||||
|Balance Sheet|||||
|Notes forming<br>part ofthe||financial statements||10-13|





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|||||2020||2019|
|---|---|---|---|---|---|---|
||||UNRESTRICTED|||UNRESTRICTED|
|||||FUNDS<br>f||FUNDS<br>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<br>COSTS||(3)||1,902||2,100|
|TOTAL EXPENDITURE||||35,021||28,270|
|NET INCOME FOR|||||||
|THE YEAR||||8,363||3,479|
|RECONCILIATION<br>OF|FUNDS||||||
|Total funds brought|forward|||48,313||44,834|
|TOTAL FUNDS CARRIED FORWARD|||f|56,676|f|48,313|





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||||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|





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|||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|





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|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<br>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<br>& Office Expenses||17||354|371|2,448|
|Statutory<br>8 Compliance|Fees|||48|48|48|
|Professional<br>Bodies Fees||367|1,404||1,771|1,234|
|Independent<br>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||





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|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|



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