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||||Notes|General|Endow'mt|Research|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
|||||Fund|Fund|Fund|2021|2020|
||||||E||||
|INCOME FROM|||||||||
|from generated<br>funds|||||||||
|Members'<br>activities||||||||36,538|
|Sale ofpublications||||376|||376|1,671|
|Investment<br>income|||||||||
|Dividends||||1,391||258|1,649|1,364|
|Bank interest||||58||22|85|423|
|||||1,825||280|2,110|39,996|
|from charitable<br>activities|||||||||
|Subscriptions<br>- full members||||21,686|||21,686|20,981|
|Journal<br>subscriptions||||3,213|||3213|2,754|
|||||24,899|||24,899|23,735|
|Income tax recoverable||||3,893|||3,893|2,805|
|Donations||||281||35,035|35,316|124|
|||||29,073||35,035|64,108|26,664|
|TOTAL INCOME||||30,898||35,315|66,218|66,660|
|EXPENDITURE ON|||||||||
|Cost ofgenerating<br>funds|||||||||
|Members'<br>activities|||2|6,349|||6,349|44,147|
|Charitable<br>activities|||||||||
|Journal||||8,179|||8,179|7,537|
|Newsletters<br>8 leaflet||||2,354|||2,354|2,256|
|Grants||||8,750||1,500|10,250|4,525|
|||||19,283||1,500|20,783|14,318|
|Governance<br>costs||||1,335|||1,335|1,425|
|TOTAL EXPENDITURE||||26,967||1,500|28,467|59,890|
|NET INCOME/(EXPENDITURE)||AND|NET||||||
|MOVEMENT<br>IN FUNDS FOR|THE YEAR|||3,931||33,815|37,751|6,770|
|(Losses)gains<br>on investment|assets|||10,179||655|10,834|-357|
|Total funds brought<br>forward||||103,397|8,071|28,268|139,736|133,323|
|TOTAL FUNDS AT 31 MARCH||2021||117,507|8,076|62,738|188,321|139,736|





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||Notes|General|Endow'mt|Research|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
|||Fund|Fund|Fund|2021|2020|
||||f||||
|TANG IBLE FIXEDASSETS|||||||
|Chairman's<br>Cup|6|7,920|||7,920|7,920|
|investments|7|49,374||18,155|67,529|39,194|
|||57,294||18,155|75,449|47,114|
|CURRENT ASSETS|||||||
|Debtors and prepayments|8|4,298|||4,298|15,694|
|Bank balances||65,839|8,076|46,083|119,998|87,804|
|||70,137|8,076|46,083|124,296|103,498|
|CURRENT LIABILITIES|||||||
|Deferred income and accruals|9|9,924||1,500|11,424|10,876|
|NET CURRENT ASSETS||60,213|8,076|44,583|112,872|92,622|
|TOTAL NET ASSETS||117,507|8,076|62,738|188,321|139,736|
|RESERVES/FUNDS|10|117,507|8,076|62,738|188,321|139,736|






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|surplus arose as fo|llows:||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Incoming<br>resources|from|activities||||||36,538|
|Direct costs|||||||1,094|28,170|
|Net income|||||||(1,094)|8,368|
|General<br>fund resources expended|||||||||
||||||Direct|Support|Total|Total|
||||||costs|costs|2021|2020|
||||||F||||
|Cost ofgenerating|funds:||||||||
|Members'<br>activities|||||1,094|5,255|6,349|44,147|
|Charitable<br>activities:|||||||||
|Journal|||||8,179||8,179|7,537|
|Newsletter|||||2,354||2,354|2,122|
|New Society leaflet||||||||134|
|Grants|||||8,750||8,750|1,825|
|Governance<br>costs:|||||||||
|Independent<br>examination||fee, etc|||1,335||1,335|1,425|
|Total resources expended|||||21,712|5,255|26,967|57,190|
|Support costs comprise:|||||||||
|Room and meeting|expenses|||||||2,402|
|Postage, stationery|and storage||||||1,317|1,395|
|IT and website,<br>including||upgrading||to date|||2,473|9,960|
|Bank and similar transaction|||charges||||719|1,407|
|Other costs|||||||746|813|
||||||||5,255|15,977|





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|During the||year|the Compa|ny<br>invested f17,500for the Research|Fund.||
|---|---|---|---|---|---|---|
||||||Market|Historic|
||||||value|cost|
||||||f|f|
|COIF Charities|||Investment|Fund Income units|31,889|26,250|
|COIF Charities|||Global Equity Income Fund Income units||35,640|26,250|
||||||67,529|52,500|
|Research|Fund||element||18,155|17,500|
|Debtors|||||||
||||||2021|2020|
||||||f|f|
|Income tax||recoverable|||3,000|13,616|
|Outstanding||subscriptions|||735|1,362|
|Payments|in advance||||439|439|
|Other|||||124|277|
||||||4,298|15,694|
|Deferred income and accruals|||||||
||||||2021|2020|
|Deferred income|||||2,433|2,813|
|Accruals|||||8,991|6,063|
||||||11,424|10,876|



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