| CONTENTS | |
|---|---|
| Pags | |
| TRUSTEES/ DIRECTORS REPORT | 1-5 |
| INDEPENDENT EXAMINER'S REPORT |
|
| STATEMENT QF FINANCIAL ACTIVITIES | |
| BALANCE SHEET | |
| NOTES TO THE ACCOUNTS | 9-13 |
| for the year ended 3 | 1Dec | ember | 2021 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| Funds | Funds | 2021 | 2020 | ||||
| Note | |||||||
| Income and endowments | firom | ||||||
| Donations and legacies |
3 | 4,687 | 72,573 | 77,260 | 12,536 | ||
| TOTAL INCOME | 4,687 | 72,573 | 77,260 | 12,536 | |||
| Expenditure on |
|||||||
| Charitable activities: | |||||||
| Direct charitable expenditure |
3,353 | 72,573 | 75,926 | 6,577 | |||
| Support costs | 319 | 319 | (458) | ||||
| Governance costs |
1,690 | 1,690 | 1,692 | ||||
| TOTAL EXPENDITURE | 5,362 | 72,573 | 77,935 | 7,811 | |||
| NET INCOME FOR THE YEAR | (675) | (675) | 4,725 | ||||
| Fund balance brought | forward at | ||||||
| beginning ofyear |
(5,892) | 178 | (5,714) | (10,439) | |||
| FUND BALANCE CARRIED | |||||||
| FORWARD AT END | OF YEAR | (6,567) | 178 | (6,389) | (5,714) |
| BALANCE SHEET 31December 2021 |
|||
|---|---|---|---|
| 2021 | 2020 | ||
| Note | |||
| CURRENT ASSETS | |||
| Debtors | 2,582 | 417 | |
| Cash at bank and in hand | 8,326 | 37,202 | |
| 10,908 | 37,619 | ||
| CREDITORS | |||
| due within one year | (17,297) | (43,333) | |
| NET CURRENT LIABILITIES | (6,389) | (5,714) | |
| NET LIABILITIES | (6,389) | (5,714) | |
| REPRESENTED BY: | |||
| Accumulated funds (unrestricted) |
11 | (6,567) | (5,892) |
| Restricted funds | 12 | 178 | 178 |
| TOTAL FUNDS | (6,389) | (5,714) |
| DONATION | S AND LEGACIES |
||
|---|---|---|---|
| 2021 | 2020 | ||
| R | |||
| Unrestricted | funds | ||
| Abercrombie | &Kent UK TOC donations | 3,792 | 10,962 |
| Other unrestricted donations |
895 | 1,396 | |
| Restricted | funds | ||
| Restricted projectdonations | 72,573 | 178 | |
| 77,260 | 12,536 |
| 4 | EXPENDITURE ON CHARITABLE ACTIVITIES | EXPENDITURE ON CHARITABLE ACTIVITIES | ||
|---|---|---|---|---|
| 2021f | 2020 | |||
| Direct costs | ||||
| Project support - awards and grants | 73,652 | |||
| Abercrombie &Kent Philanthropy |
US —donation | 2,274 | 6,577 | |
| Support costs | ||||
| Marketing expenses |
||||
| Bank and other finance charges | 319 | (458) | ||
| Governance costs: |
||||
| Accountancy fees | 1,690 | 1,692 | ||
| 77,935 | 7,811 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Fees for independent | examination | 600 | 600 | |
| Accountancy | services | 1,090 | 1,092 | |
| 1,690 | 1,692 |
| 8 | CREDITORS | due In less than one year | 2021 | 2020 |
|---|---|---|---|---|
| R | ||||
| Accruals | 1,740 | 1,740 | ||
| Abercrombie | &Kent US | 15,557 | 41,593 | |
| 17,297 | 43,333 |