2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		8	to	9
Notes to the Financial Statements		10	to	16
Detailed Statement ofFinancial Activities		17	to	18

					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			1,177		1&177	1,236
Other income			31,330		31,330
Total			32,507		32,507	1,236
EXPENDITURE ON
Charitable activities
Wages, salaries and social security						13,803
Office operations			64,426		64,426	115,538
Social work and welfare activities			5,546		5,546	3,141
Governance costs			2,000		2,000	1,990
Other			(23,559)		(23,559)	13,502
Total			48,413		48&413	147,974
NET INCOME/(EXPENDITURE)			(15,906)		(15,906)	(146,738)
RECONCILIATION	OF FUNDS
Total funds brought	forward		41,400	2,774,742	2,816,142	2,962,880
TOTAL FUNDS CARRIED FORWARD			25,494	2,774,742	2,800,236	2,816,142

	NECTAR TRUST
	BALANCE SHEET
	31MARCH 2021
		31.3.21	31.3.20
	Notes
FIXEDASSETS
Tangible assets		2&472	3,492
CURRENT ASSETS
Cash at bank		3,061,720	3,740,550
CREDITORS
Amounts falling due within one year		(263,956)	(927,900)
NET CURRENT ASSETS		2,797,764	2,812,650
TOTAL ASSETSLESSCURRENT
LIABILITIES		2,S00,236	2,816,142
NET ASSETS		2,S00,236	2,816,142
FUNDS
Unrestricted funds		25,494	41,400
Restricted funds		2,774,742	2,774,742
TOTAL FUNDS		2,S00,236	2,816,142

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the 31March 2020.	There were no trustees' expenses paid for the year ended 31 March 2021 nor for the 31March 2020.	There were no trustees' expenses paid for the year ended 31 March 2021 nor for the 31March 2020.	year ended
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 31.3.2020
	Unrestricted	Restricted	Total
	fund	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	1,236		1,236
EXPENDITURE ON
Charitable activities
Wages, salaries and social security	13,803		13,803
Office operations	115,538		115,538
Social work and welfare activities	3,141		3,141
Governance costs	1,990		1,990
Other	13,502		13,502
Total	147,974		147,974
NET INCOME/(EXPENDITURE)	(146,738)		(146,738)
Transfers between funds	155,000	(155,000)
Net movement in funds	8,262	(155,000)	(146,738)
RECONCILIATION OF FUNDS
Total funds brought forward	33,138	2,929,742	2,962,880
TOTAL FUNDS CARRIED FORWARD	41,400	2,774,742	2,816,142

6.	TANGIBLE FIXEDASSETS
		Fixtures
		and	Computer
		fittings	equipment	Totals
	COST
	At 1 April 2020 and 31March 2021	7,202	18,005	25,207
	DEPRECIATION
	At 1 April 2020	5,566	16,149	21,715
	Charge for year	408	612	1,020
	At 31March 2021	5,974	16,761	22,735
	NET BOOK VALUE
	At 31March 2021	1,228	1,244	2,472
	At 31March 2020	1,636	1,856	3,492
7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.3.21	31.3.20
	Other creditors		259,816	917,761
	Accrued expenses		4,140	10,139
			263,956	927,900

8.	ANALYSIS	OF NE	T A	SSETS	BETWEEN FUNDS
							31.3.21	31.3.20
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
	Fixed assets				2,472		2,472	3,492
	Current assets				27,162	3,034,558	3,061,720	3,740,550
	Current liabilities				(4,140)	(259,816)	(263,956)	(927,900)
					25,494	2,774,742	2,800,236	2,816,142
9.	MOVEMENT IN FUNDS
							Net
							movement	At
						At I/4/20	in funds	31/3/21
	Unrestricted	funds
	General fund					41,400	(15,906)	25,494
	Restricted funds
	Syria Emergency					1,405		1,405
	Sadqa					2,759		2,759
	Iftaar UK					14,735		14,735
	Rohingya Refugee					97		97
	Community Development			in Europe		296,233		296,233
	Educational support		in Europe			821,280		821,280
	Mulitpurpose	centres in		France		1,598,817		1,598,817
	Haiti Human	appeal	project			39,416		39,416
						2,774,742		2,774,742
	TOTAL FUNDS					2,816,142	(15,906)	2,800,236
	Net movement	in funds,		included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
	Unrestricted	funds
	General fund					32,507	(48,413)	(15,906)
	TOTAL FUNDS					32,507	(48,413)	(15,906)

						Net	Transfers
						movement	between	At
					At 1/4/19	in funds	funds	31/3/20
Unrestricted	funds
General fund					33,138	(146,738)	155,000	41,400
Restricted funds
Syria Emergency					1,405			1,405
Sadqa					2,759			2,759
Iftaar UK					14,735			14,735
Rohingya Refugee					97			97
Community	Development		in	Europe	296,233			296,233
Educational	support	in Europe			821,280			821,280
Mulitpurpose	centres	in France			1,753,817		(155,000)	1,598,817
Haiti Human	appeal	project			39,416			39,416
					2,929,742		(155,000)	2,774,742
TOTAL FUNDS					2,962,880	(146,738)		2,816,142
Comparative	net movement			in funds, included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
Unrestricted	funds
General fund						1,236	(147,974)	(146,738)
TOTAL FUNDS						1,236	(147,974)	(146,738)

	NECTAR TRUST	NECTAR TRUST	NECTAR TRUST
	DETAILED STATEMENT OF FINANCIAL ACTIVITIES
		FOR THE YEAR ENDED 31MARCH 2021
			31.3.21	31.3.20
INCOME AND ENDOWMENTS
Donations and legacies
Other donation income			1177	1,236
Other income
Management Fee Income			31,330
Total incoming resources			32,507	1,236
EXPENDITURE
Charitable activities
General Donations				1,000
Other
(Gain)/ Loss on Foreign Exc			(23,559)	13,502
Support costs
Management
Wages				10,736
Social security				3,067
Pensions				893
Rent &Rates			2,214	26,590
Insurance				788
Postage and stationery				79
Volunteers Expenses			5,546	792
Travelling				1,349
Depreciation tangible	fixed	assets	1,022	1,460
			8,782	45,754
Finance
Bank charges			379	231
Information technology
Repairs and renewals				22
Carried forward				22

FOR THE YEAR ENDED	31MARCH 2021
	31.3.21	31.3.20
Information technology
Brought forward		22
IT Support	1,967	6,737
	1,967	6,759
Human resources
Knowledge Transfer Initiative Fees	57,244	55,816
Accountancy and bookkeeping	1,600	22,500
Payroll processing fee		422
	5S,S44	78,738
Governance costs
Legal and statutory	2,000	1,990
Total resources expended	48,413	147,974
Net expenditure	(15,906)	(146,738)