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2021-12-31-accounts

Year ended 31De	cember 2021
			Restricted Funds	Restricted	Funds
			2021		2020
		Note	f
INCOME
Donations			250,000		160,000
Investment income			7,131		6,984
TOTAL INCOME			257,131		166,984
EXPENDITURE
Charitable activities			213,928		212,156
TOTAL EXPENDITURE			213,928		212,156
Net investment gains			69,630		39,715
NET INCOME'I (EXPENDITURE)			112,834		(5,457)
RECONCILIATION	OF FUNDS
TOTAL FUNDS BROUGHT FORWARD			1,206,879	1,212,336
TOTAL FUNDS CARRIED FORWARD			1,319,713	1,206,879

s at 31December 2	021
		Notes
			2021	2020
			f.
FIXEDASSETS
Investments			625,814	549,053
CURRENT ASSETS
Bank and deposit balances			696,299	660,226
Debtors
			696,299	660,226
CREDITORS: amounts	falling due within one year
Accrued expenses			(2,400)	(2,400)
NET CURRENT ASSETS			693,899	657,826
TOTAL NET ASSETS			1,319,713	1,206,879
FUNDS OFTHE CHARITY
Restricted funds		6	1,319,713	1,206,879
			1,319,713	1,206,879

					Total	Prior year
				Note	funds	funds
Cash flows from operating	activities:
Net cash provided by / (used in) operating			activities	7	36,072	(52,156)
Cash flows from investing	activities
Dividends and interest and rents from		investments			7,131	6,984
Purchase ofinvestments,	at cost				(7,131)	(6,984)
Net cash provided by investing activities
Change in cash and cash	equivalents	in the
reporting period					36,072	(52,156)
Cash and cash equivalents	at the beginning		ofthe
reporting period					660,226	712,382
Cash and cash equivalents	at the end	ofthe
reporting period				8	696,298	660,226

				2021	2020f
Sponsored teaching				15,000	36,096
Training				625	1,976
Scholarships	and awards			20,600	26,711
Staff costs				127,427	129,073
Partnerships				42,240	14,226
Publications				5,328	879
Events
Other costs					656
Governance	costs			2798	2539
				213,928	212 156
. GOVERNANCE		COSTS
				2021	2020
					f
Independent	examiner's		fees	2,340	2 340
Trustees' expenses					199
				2,340	2,539

INVESTMENTS	INVESTMENTS		2021	2020
Balance at	market value at start ofreporting	period	549,053	502,354
Reinvested	income		7,131	6,984
Unrealised	gain		69,630	39,715
Balance at	market value at end ofreporting	period	625,814	549,053

6. RESTRICTED FUNDS
	Balance at		Investment		Balance at
	01-Jan	Income	gains	Expenditure	31-Dec
	2020				2021
	f				f
SCHOLARSHIP FUNDS
Jonathan Timms Memorial Fund	1,092				1,092
Stephen Cooke Memorial	502				502
Fund
Andrew Winckler / Euroclear Prize Fund	1,488				1,488
Hoare Nairne Scholarship Fund	90,661				90,661
CISI DONATED FUNDS	1,113,136	257,131	69,630	(213,928)	1,225,970
TOTAL	1,206,879	257,131	69,630	(213,928)	1,319,713

	OPERATING ACTIVIT	IES
					2021	2020
	Net income& (expenditure)	for the reporting		period (as per the
	Statement ofFinancial Activities)				112,834	(5,457)
	Adjustments for: Net investment gains				(69,630)	(39,715)
	Dividends, interest and rents from investments				(7,131)	(6,984)
	Net cash providedt (used	in) operating	activities		36 072	~92.3763
8.	ANALYSIS OF CASH AND CASH		EQUIVALENTS
					2021	2020
						f
	Cash in hand				696,299	660,227
	Notice deposits (less than	3 months)
	Total cash and cash equivalents				696 299	660,227