| The Ilillb | y Fttyundation | y Fttyundation | y Fttyundation | |||
|---|---|---|---|---|---|---|
| Report snd Financial Statements | fordm year ended St December | 9090 | ||||
| Contents | ||||||
| Page: | ||||||
| Reference and Administrayon | details | |||||
| Report ofthe Trustees | ||||||
| Report ofthe Auditors | ||||||
| Statement of Financial Activities |
||||||
| Balance Sheet | ||||||
| Statement ofCash Flows | ||||||
| Notes forming part ofthe Financial Statements | ||||||
| Ms Michege Andrea Shu Lai Yue | ||||||
| Ms Sarah Mitchell | ||||||
| Ms Slephsnis Wong | ||||||
| Mr Kevin Yau Kwong Ho | ||||||
| Principal ONce | ||||||
| 10Cresswsg Plaoe, London, SW109RD | ||||||
| Accountants | ||||||
| BOO LLP,55Baker Street, London, W1U TEU | ||||||
| Auditors | ||||||
| Gilbert Allen tt Co, Churchdown | Chambers, | Bordyke, Tonbridge, | Kent, TNQ 1NR | |||
| Invesbnent | Brokers | |||||
| Azure Wealth Switzerland SA, |
Chemin des | Vergers 4, 1208Geneva, Switzerland | ||||
| The portfolio wss dosed during ihe year. | ||||||
| Bankers | ||||||
| HSBC, 94 Kensington High Street, Kensington, |
London, W8 4SH |
| 2019 | |||||
|---|---|---|---|---|---|
| 6 | |||||
| Income and endowments | from: | ||||
| Donations snd legacies |
2,125,293 | 333,68tl | |||
| Invesimenls | 4,305 | 19,213 | |||
| Miscsganeous Income |
100 | ||||
| Total | 2,129,698 | 362,894 | |||
| Expenditure on: |
|||||
| Raising funds | 2.673 | 5,751 | |||
| Charitable activities |
2,139,820 | 19,832 | |||
| Total | 2,142,493 | 25,683 | |||
| Net income/(expenditure) | before | inwmtment | gains/(losses) | (12,795) | 327,211 |
| Net gains/(losses) on invsstmenis |
(4?830) | 107,405 | |||
| Net Income/(expenditure) | (55,625) | 434,616 | |||
| Other rscegnised gains/(losses) |
|||||
| Realised gains (losses) on | cur/anny | exchange | (10,341) | ||
| Nst movement in funds |
(33,101) | 424,275 | |||
| Total funds at 1 January 2020 | 774,813 | 350,538 | |||
| Total funda at 31December 2020 | 741,712 | 7? .83 |
| Nst cash used in operating | activldes | activldes | (76,823) | (193,567) |
|---|---|---|---|---|
| Cash flows from investing acdvfSea: | ||||
| Bividsnds arrd interest from irrveatmenla |
4,305 | 19,213 | ||
| proceeds from sale of investments | 592,478 | 317,104 | ||
| Cost ofacquisitions in ths year |
(165,918) | |||
| Variations ofaccrued interests | 4,209 | |||
| Net cash provided by investing |
acthrlties | 172,942 | ||
| Change in cash in lhe year | 524,168 | (20,625) | ||
| Cash bmught forward |
222,703 | |||
| Cash canied forward | 4N72 | |||
| Represented by |
||||
| HSBC | 144,238 | |||
| Azure Vyealth Switzerland SA |
78„465 | |||
| Total | vera, | 222,703 |
| Th | e | Foundation | Foundation | |||||
|---|---|---|---|---|---|---|---|---|
| Nrdes | funning | pert ufthe gnmrrdal | I((iillipy stslsrrlants |
forthe year muted |
3'I~2520 (cormhued) | |||
| 11 | Crsdltorsr Amounts fsglng due |
within one year | ||||||
| Grants payable | ||||||||
| Women for Women | brtemagonal | 100,INO | ||||||
| Lorldon School of Hygiene 8Tropical Medidns | 005,0NI | |||||||
| Tha Freedom Fund |
190,715 | |||||||
| Ths Girl'8 Nmwork | 45,009 | |||||||
| 1,000,710 | Rl,000 | |||||||
| Accountancy fees |
4,200 | 3,600 | ||||||
| IIrd8Pondont Auditor fess |
0IN | |||||||
| Independent Examiner fees |
432 | |||||||
| 'f,014,075 | ||||||||
| 12 | Cmdltars: Amounts f8ging due | after ana year | 2010 | |||||
| 8 | ||||||||
| Grants payable | ||||||||
| Women forWamsn | Inlom80uwl | 75,IXN | ||||||
| Ths Girl's Nerwark | 40,0IN | |||||||
| f20.000 | ||||||||
| 13 | Recond8agan ofnet mevement | ln hlhds to fret cash gow gum | oparagng | actlvttles | ||||
| Net incohls (expsndltum) | fur year | (33,101) | 424,275 | |||||
| Deduct Ihvoclrllsrlt hlconlo |
(4,305) | (10,213) | ||||||
| Add (gains) losses on Investments | 42,030 | (107,405) | ||||||
| Add Investnwnt cunsncy |
kwses (Deduct gains) | (23,375) | 0,764 | |||||
| hrclmws bl rl8tllma |
(1,120,715) | |||||||
| inueass (decmass) in creditors |