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|ofCash Fhnva forthe yea|r e|n|ding 31De|cem|ber 2021|ber 2021|||
|---|---|---|---|---|---|---|---|---|
||||||TotalFunds||TotalFunds||
||||||2021||2020||
||||||||6||
|Cash flows from operating
acfivities:|||||||||
|Net cash provided
byl (used in) operabng|acbviTies||||||||
|Cash flows from investing
activities:|||||||||
|Interest income||||||862|1,335||
|Rentai Nxxxne||||||41,320|||
|Investment
property expenses||||||(2,363)|(28,675)||
|Purchase ofproperty
plant and equipment|||||||||
|Proceeds from safe ofinvestments|||||||||
|Purchase of investments|||||||||
|Net cash provided
byl (used in) investing|activities|||||39819|11|660|
|Cash fhnivs from gmancing aclivgies:|||||||||
|Repayments
ofborrowing|||||||||
|Cash inilows from new borrowing|||||||||
|Receipt ofendowment|||||||||
|Net cash provided
by/ (used in) financing|activities||||||||
|Change m cash and cash equivaIerda|in the reporting|||period||5,064|(36,878}||
|Cash and cash equivalents
atthe beginning||ofthe reporting|||period|80777|117655||
|Totalcash and cash equivalents st the-end|||oftheyesr||||||
|Reconciliation ofnet income/(expenditure)|||to net cash||flow from operating|activities|||
||||||Totat|Furrds|Total Funds||
||||||2021||2020||
|||||||6|6||
|Net income/(expenditure)
for the reporting
statement offinancial activities)|||period (as|per the||6,092|(38,145)||
|Adjmtments
for.|||||||||
|Depreciation
charges|||||||||
|Pmperty
Expenses
in Investing
Activities||||||2,363|28,675||
|tntemst
income
Shosm in inves8ng Ac5vities||||||(882)|('},335).||
|Rental Income Shown
in Investing
Activities||||||(41,320)|(39,000)||
|Loss/(profit)
on the sale offixed assets|||||||||
|(Increase)/decrease
in stocks|||||||||
|(Increase)/decrease
in debtors||||||(189)||102|
|Increase/(decrease)
in creditors||||||(849)|1,165||
|Net cash pmvided
byl (used is}operating||activities||||765|48538||
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|Note 12Com arative P||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted.|||Endowment||Total||
||||||Funds|||Funds||Funds|||2020|
||||||2|||||E|||6|
|Income 6Endowments||||||||||||||
|Donations
and legacies|||||79,954|||106,708||400,000|||586,662|
|Rentai income|||||||||||||39,000|
|Interest income|||||1,335||||||||1,335|
|Total Income 6Endowments|||||120,289|||106,708||400,000|||626,997|
|Activities
StaffCosts
Pmperty~|||||100,964
54,?99|||106,708|||||207,672
54,?99|
|Training/sundry
expenses|||||2,871||||||||2,671|
|Total Expenditure|||||158,434|||106,708|||||265,142|
|Net income before other||||||||||||||
|re
nised
sins and|losses||||(38,145)|||||400,000|||361,855|
|Gains/Losses
on Revaluation||||of||||||||||
|Fixed Assets||||||||||||||
|Net Movement
in Funds|||||38,145|||||400,000|||36'l,855-|
|Funds brought
forward|||||114,605|||||778,500|||893,105|
|Total Funds Camerf Forward||||||||||||||
||||||76,460|||||1,178,500||1,254,960||
|Note 13Anal
isofFunds||||||||||||||
|Type|||||Fixed Assets||||Net Current
Assets|||Total
202'I||
||||||f|||||E||||
|Expendable
Endowment|||||952,000||||||||952,000|
|Revaluation
Reserve|||||513,0QQ||||||||513,000|
|Restricted||||||||||||||
|Unrestricted||||||||||82,552|||82,552|
|Total||||||||||82,552||1,547,552||
|Expendable
Endowment|Funds|||represent|the valuation||of|the|two properties
which|||the|Company|
|received from the previous||unincorporated|||trust in 2Q12||(E552,000)plus the new||||properly||donated|
|to the Company
in 2020 (2400,000). The Revaluation||||||Reserve|||is the|increase|in the value of the|||
|properties
since being owned|||by|the Company.
The Company|||||has the unrestricted|||right to retain||
|these properties and the income||||arising from them may||be used|||as unrestricmd
funds.|||||