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|Financial Statements|Financial Statements|For the Year Ended|31 December 2021|
|---|---|---|---|
|Contents|||Page|
|Legal and Administrative|Information|||
|Report ofthe Trustees|||3-6|
|Report ofthe independent|Examiner|||
|Statement of Financial Activities||||
|Balance Sheet||||
|Notes forming<br>part ofthe|financial statements||10 - 13|





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|||||2021|2020|
|---|---|---|---|---|---|
||||UNRESTRICTED||UNRESTRICTED|
|||||FUNDS|FUNDS<br>f|
|||NOTES||||
|INCOME||||||
|INCOME FROM||||||
|GENERATED FUNDS:||||||
|INVESTMENT INCOME:||||||
|Bank Interest||||20|141|
|Bank compensation||||||
|INCOME FROM||||||
|CHARITABLE ACTIVITIES:||(2)||||
|Research and Education||||85,260|43,243|
|ToTAL INCOME||||85,280|43,384|
|EXPENDITURE||||||
|COSTS OF GENERATING||||||
|FUNDS:||(3)||459|1,727|
|CHARITABLE ACTIVITIES||(3)||51,302|31,392|
|GOVERNANCE<br>COSTS||(3)||1,488|1,902|
|TOTAL EXPENDITURE||||53,249|35,021|
|NET INCOME FOR||||||
|THE YEAR||||32,031|8,363|
|RECONCILIATION<br>OF|FUNDS|||||
|Total funds brought|forward|||56,676|48,313|
|TOTAL FUNDS CARRIED FORWARD|||F|88,707|E 56,676|





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|||Note||2021|2020|
|---|---|---|---|---|---|
|CURRENT AssETs||||||
|Cash at Bank and in Hand||(4)||88,842|57,014|
|Debtors and|Prepayments|(5)||640|1,687|
|||||89,482|58,701|
|CURRENT LIABILITIES||||||
|Creditors||(6)||(775)|(2,025)|
|Net Current|Assets||F|88,707|56,676|
|CAPITAL AND|RESERVES|||||
|Unrestricted|Funds - undesignated||F|88,707|56,676|





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|||2021||2020|
|---|---|---|---|---|
|||E||E|
|Taught Courses|||||
|Space Policy and Law Course||38,500||28,018|
|Seminars||1,000||600|
|Visiting Researcher Fee||300|||
|Research Project||45,460||14,625|
||E|85,260|f|43,243|





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|TOTAL EXPENDITURE||||||||
|---|---|---|---|---|---|---|---|
|||RESEARCH||||||
|||PROJECT &||||2021|2020|
|||SEMINARS|PROMOTION||GOVERNANCE|TOTAL|TOTAL|
|UNRESTRICTED||||f||f.|f|
|COST DIRECTLY ALLOCATED||||||||
|TO ACTIVITIES||||||||
|Tutors, Speakers 8 Researchers||44,000||||44,000|23,208|
|Rooms 8 facilities||125||||125||
|Conference<br>8 meetings||1,687||||1,687|2,656|
|Travel|||||||513|
|SUPPORT COSTS ALLOCATED||||||||
|TO ACTIVITIES||||||||
|Administration||3,957||||3,957|5,014|
|Postage<br>& Office Expenses||1,008||96||1,104|371|
|Statutory<br>8 Compliance|Fees||||48|48|48|
|Professional<br>Bodies Fees||525||363||888|1,771|
|Independent<br>Examiner's|Fees||||1,440|1,440|1,440|
|TOTAL EXPENDITURE||f51,302|f|459|f 1,488|f 53,249 f 35,021||





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|DEBTORS|||||
|---|---|---|---|---|
|||2021||2020|
|Debtors and prepayments||640|E|1,687|
|CREDITORS —DUE WITHIN ONE YEAR|||||
|||2021||2020|
|Other creditors and accruals|F|775|F|2 025|



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