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|---|---|---|---|---|
|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|
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||||||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|
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|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)|
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|||||||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)|
##
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||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)|