## ||||Page|| |---|---|---|---|---| |Report of the Trustees||1|to|4| |Independent
Examiner's|Report|||| |Statement of Financial|Activities|||| |Balance Sheet||7|to|S| |Notes to the Financial Statements||9|to|15| |Detailed Statement ofFinancial Activities|||16|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMENT OF FI
FOR THK YEAR EN|NANCIAL ACTIVITI
DED 28FEBRUARY|ES
2021||||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Restricted|Total|Total| ||||fund|funds|funds|funds| |||Notes||||| |INCOME AND ENDOWMENTS FROM
Donations
and legacies|||91,325|25,600|116,925|253,108| |Other income||||||| |Total|||91,325|25,600|116,925|253,110| |EXPENDITURE ON||||||| |Raising funds|||27,426||27,426|15,500| |Charitable
activities||||||| |Project events|||83,446||83,446|126,846| |Total|||110,872||110,872|142,346| |NKT INCOME/(EXPENDITURE)|||(19,547)|25,600|6,053|110,764| |Transfers
between
funds||13|25,600|(25,600)||| |Net movement
in funds|||6,053||6,053|110,764| |RECONCILIATION|OF FUNDS|||||| |Total funds brought|forward||227,216|(32,600)|194,616|83,852| |TOTAL FUNDS CARRIED FOR%'ARD|||233269|~32600|200660|194,616| ## ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |FIXEDASSETS|Notes|fund|funds|funds|funds| |Tangible assets
Investments||340
200,000
200,340||340
200,000
200,340|425
200,000
200,425| |CURRENT ASSETS|||||| |Debtors
Cash at bank||125,621
53,240
178,861||125,621
53,240
178,861|92,915
18,346
111,261| |CREDITORS|||||| |Amounts
falling due within one year|10|(95,932)|(32,600)|(128,532)|(117,070)| |NKT CURRENT ASSETS/(LIABILITIES)||82,929|(32,600)|50,329|(5,809)| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||283,269|(32,600)|250,669|194,616| |CREDITORS|||||| |Amounts
falling due after more than one year|11|(50,000)||(50,000)|| |NKT ASSETS
FUNDS
Unrestricted
funds|13|233269|~32 600|200,669|194616| |Restricted funds
TOTAL FUNDS||||233,269
~32,600|227,216
~32,600)| |||||200,669|194,616| ## ## ## ## ## ## ## ## ## ## ## ## |RAISING FUNDS|||||| |---|---|---|---|---|---| |Raising donations
and|legacies|||2021|2020| |Support costs||||27,426|15,500| |NKT INCOME/(EXPENDITURE)|||||| |Net income/(expenditure)|is stated after charging/(crediting):||||| |||||2021|2020| |Depreciation
-owned assets||||85|106| |TRUSTEES' REMUNERATION||AND BENEFITS|||| |There were no trustees'|remuneration|or other benefits for the year ended 28 February||2021 nor for the year ended|| |29February 2020.|||||| |STAFF COSTS||||2021|2020| |Wages and salaries
Social security costs|||||43,449
856
44,305| |The average monthly
number ofemployees|||during the year was as follows:||| |||||2021|2020| |Administration|||||2| |No employees
received|emoluments|in excess off60,000.|||| |COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||| ||||Unrestricted|Restricted|Total| ||||fund|funds|funds| |INCOME AND ENDOWMENTS
Donations
and legacies||FROM|195,437|57,671|253,108| |Other income
Total|||195,439|57,671|253,110| |EXPENDITURE ON
Raising funds|||15,500||15,500| |Charitable
activities
Project events|||118,623|8,223|126,846| ## |THE YEAR ENDED||connue
28FEBRUARY 2021|connue
28FEBRUARY 2021|connue
28FEBRUARY 2021|| |---|---|---|---|---|---| |COMPARATIVKS||FOR THK STATEMENT OF FINANCIAL ACTIVITIXS -continued|||| ||||Unrestricted|Restricted|Total| ||||fund|funds|funds| |Total|||||| ||||134,123|8,223|142,346| |NET INCOME|||||| ||||61,316|49,448|110,764| |Transfers
between
funds
Net movement
in funds|||99,803
161,119|~99,803
(50,355)|110,764| |RECONCILIATION||OFFUNDS|||| |Total funds brought||forward|66097|17755|83 852| |TOTAL FUNDS CARRIED FORWARD|||227,216|~(32,600|194,616| |TANGIBLE FIXED||ASSETS|||| ||||||Fixtures| ||||||and| ||||||fittings| |COST|||||| |At 1March 2020 and
DEPRECIATION|28 February 2021||||1,026| |At 1 March 2020|||||| |Charge for year|||||601| |At 28 February 2021|||||85| |NET BOOK VALUE|||||686| |At 28 February 2021|||||| |At 29February 2020|||||340| ||||||425| ## ## ## |TO THK FINANCIAL
STA.TKMENTS -continued
HE YEAR ENDED 28FEBRUARY 2021||| |---|---|---| |FIXEDASSET INVESTMENTS||Unlisted| |||investments| |MARKET VALUE
At 1March 2020 and 28 February 2021||200,000| |NKT BOOK VALUE
At 28 February 2021
At 29February 2020||200,000
200,000| |There were no investment
assets outside the UK.||| |DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR|2021|2020| |Other debtors
Prepayments
and accrued income|55,266
70,355
125,621|22,560
70,355
92,915| |CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR|2021|2020| |Trade creditors
Social security and other taxes
Net wage control
VAT
Other creditors|23,967
28,083
605
1,170
74707
128332|15,774
28,179
3,000
910
69207
117070| |CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR|2021|2020| |Bank loans (see note 12)|50,000|| |LOANS||| |An analysis ofthe maturity ofloans is given below:||| ||2021|2020| |Amounts
falling due in more than five years:||| |Repayable
by instalments:
Bank loans more 5 yr by instal|50,000|| ## |MOVEMENT IN FUNDS|||||| |---|---|---|---|---|---| ||||Net|Transfers|| |||At 1.3.20|movement
in funds|between
funds|At
28.2.21| |Unrestricted
funds|||||| |General fund||227,216|(19,547)|25,600|233,269| |Restricted
funds|||||| |London Project
FIPIndia
TOTAL FUNDS||~32,600
~32,600)
194,616|25,600
6,053
25,600|(25,600)
~25,600|~32,600)
200,669
~32,600)| |Net movement
in funds, included||in the above are as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted
funds|||||| |General fund|||91,325|(110,872)|(19,547)| |Restricted
funds|||||| |London Project|||25,600||25,600| |TOTAL FUNDS|||116925|~110,872|6,053| |Comparatives
for movement|in|funds|||| ||||Net|Transfers|| ||||movement|between|At| |||At 1.3.19|in funds|funds|29.2.20| |Unrestricted
funds|||||| |General fund||66,097|61,316|99,803|227,216| |Restricted
funds|||||| |London Project
FfP India
TOTAL FUNDS||17,755
17,755
83,852|49,448
49,448
110,764|(49,448)
(50,355)
(99,803)|(32,600)
(32,600)
194,616| ## ## |Comparative
net movemen|t
in funds, included
in th|e above are as follo|ws:||| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| |Unrestricted
funds
General fund|||195,439|(134,123)|61,316| |Restricted funds
London Project|||57,671|(8,223)|49,448| |TOTAL FUNDS|||253,110|142,346|110,764| |A current year 12months|and prior year 12 months|combined position|is as follows:||| ||||Net|Transfers|| ||||movement|between|At| |||At 1.3.19|in funds|funds|28.2.21| |Unrestricted
funds
General fund||66,097|41,769|125,403|233,269| |Restricted funds
London Project
FfP India||17,755
17,755|75,048
75,048|(75,048)
~50,355
~125,403|~32,600)
~32,600)| |||83,852|116,817||200,669| |A current year 12months
and prior year 12
follows:|months
combined
net movement
in fu|nds, included
in t|he above are| |---|---|---|---| ||Incoming|Resources|Movement| ||resources|expended|in funds| |Unrestricted
funds
General fund|286,764|(244,995)|41,769| |Restricted funds
London Project|83,271|(8,223)|75,048| |TOTAL FUNDS|370,035|(253,218)|116,817| ## ## |DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FORTHKYEAR ENDED 28FEBRUARY 2021||| |---|---|---| ||2021|2020| |INCOME AND ENDOWMENTS||| |Donations
and legacies
GiAs
Donations
Donated office facilities|104,925
12,000
116,925|80,000
161,108
12,000
253,108| |Other income||| |Bank Interest recieved
Total incoming resources|116,925|253,110| |EXPENDITURE||| |Charitable
activities
Wages
Social security
Coaching &equipment
costs
Charitable
projects
Charity events
Donations
Project Operator|70,346
6,644
216
4,500
81,706|43,449
856
675
32,538
5,400
258
83,176| |Support costs||| |Management
Telephone
Postage and stationery
Advertising
Travel, hotels & subsistence
Office rent|679
826
341
1,651
12,000
15,497|1,444
2,218
1,221
28,090
12,000
44,973| |Finance
Bank charges|29|289| |Governance
costs
Legal and professional
fees
Consultancy
fees
Fixtures and fittings|11,555
2,000
85
13,640|13,802
106
13,908| |Total resources expended
Net income|6 063
110822|110,764
142 346|