2021-06-30-accounts - The Atlantic Trading Charitable Trust

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			30.6.21	30.6.20
			Unrestricted	Total
			funds	funds
		Notes
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		196,001	123,746
	Investment income Other income	2		8
				17,180
	Total
			196,001	140,934
	EXPENDITURE ON
	Charitable activities
−	Roman CathOlie religious activities		162,500	91,100
	Other
				3,900
	Total
			162,500	95,000
	Net gains/(losses) on investments		88,024	(162,442)
	NET INCOME/(EXPENDITURE)		121,525	(116,508)
	RECONCILIATION OF FUNDS
	Total funds brought forward		247,594	364,102
	TOTAL FUNDS CARRIED FORWARD		369,119	247,594

			BALANCE SHEET
			30 June 2021
				30.6.21	30.6.20
				Unrestricted	Total
	FIXED ASSETS Investments		Notes	funds t	rands t
			5
	CURRENT ASSETS			324,376	136,332
	Cash at bank
	CREDITORS,			57,742	118,142
_	− Amounts fall Mu due within one year		6
				(7,499)	(6.900)
	NET CURRENT ASSETS
				44,743	111,242
	TOTAL ASSETS LESS	CURRENT
	LIABILITIES
				369,119	247,594
	NET ASSETS
FUNDS				369,119	247,594
Unrestricted funds			7
TOTAL FUNDS				369,119	747,594
				369.119	247,594

	Unrestricted
	funds
	f−−
—INCOME AND ENDOWMENTS FROM
Donations and legacies	123,746
Investment income	8
Other income	17,180
Total	140,934
EXPENDITURE ON
Charitable activities
Roman Catholic religious activities	91,100
Other	3,900
Total	95,000
Net gains/(losses) on investments	(162,442)
NET INCOME/(EXPENDITURE)	(116,508)
RECONCILIATION OF FUNDS
Total funds brought forward	164,1.02
. . . _
TOTAL FUNDS CARRIED FORWARD	247,594

5.	FIXED ASSET INVESTMENTS
			Unlisted
			investments
	MARKET VALUE
	At 1 July 2020		136,352
	Additions		100,000
	Revaluations		88,024
	At 30 June 2021		324,376
	NET BOOK VALUE
	At 30 June 2021		324,376
	.At 30 June 2020		136,352
	There were no investment assets outside the UK:
	Cost or valuation at 30 June 2021 is represented by:
			Unlisted
			investments
	Valuation in 2021		324,376
	If had not been revalued would have been included at the following historical cost:
		30.6.21	30.6.20
	Cost	277,943
	The above unlisted investment relates to Class A−2 GBP Shares and Designated	Class A−2 GBP Shares held		in
	the Pegasus Fund.
6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

		30.6.21	30.6.20
	Other creditors	.7,499	6.2
7.	MOVEMENT IN FUNDS

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	196,001	(162,500)	88,024	121,525
TOTAL FUNDS	196,001	(162,500)	88,024	121,525
Comparatives for movement in funds
			Net
			movement	At
		At 1.7.19	in funds	30.6.20
Unrestricted funds
General fund		364,102	(116,508)	247,594
TOTAL FUNDS		364,102	(116,508)	247,594
Comparative net movement in funds, included in the above are as		follows:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
Unrestricted funds
General fund	140,934	(95,000)	(162,442)	(116,508)
TOTAL FUNDS	140,934	(95,000)	(162,442)	(116,508)

A current year 12 months and prior year 12 m	onths combined position is as follows	:
		_
		Net
		movement	At
	At 1.7.19	in funds	3076:21
Unrestricted funds
General fund	364,102	5,017	369,119
TOTAL FUNDS	364,102	5,017	369,119

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
				£ •
Unrestricted funds
General fund	336,935	(257,500)	(74,418)	5,017
TOTAL FUNDS	336,935	(257,500)	(74,418)	5,017

Grants payable in respect o f the year were as f	ollows:
Organisation	Activity
Parlimentary Internship Program	Helping the poor	20,000.00
Blessed Sacrament(Place2B)	Catholic Churches	10,000.00
School Sisters o f Notre Dame (H2 20)	Education	8,000.00
St. Mary's First Star	Support for poverty, sickness and education	11,000.00
Sisters o f Mercy	Religious books and media	3,000.00
•WRCDT−Development Department Parlimentary Internship Program	Support for poverty, sickness and education A catholic charities appeal	25,000.00 20,000.00
Daughters o f St. Paul	A catholic charities appeal	3,000.00
WRCDT Cardinals Appeal	Provides services and assistance to charities	20,000.00
Diocese o f Salford	Helping the poor	30,000.00
School Sisters o f Notre Dame (HI 21)	Education	8 , 0 D M
	—	−5800000

STATEMENT O F F for the Year Ended	INANCIAL ACTIVITIES 30 June 2021
	30.6.21		30.6.20
INCOME AND ENDOWMENTS
Donations and legacies
'Donations
	196,001		123,746
Investment income
Deposit account interest
			8
*Other income*
Gain on sale o f tangible fixed assets
			17,180
Total incoming resources
	196,001		140,934
EXPENDITURE		.„
Charitable activities
Grants to institutions
	158,000		91,100
Support costs
• Governance costs Auditors remuneration
	4,500		3,900
Total resources expended
	162,500		95,000
Net income
	33,501		45,934