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2020-12-31-accounts

		Page
Report ofthe Trustees		1 to	5
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Position	8 to	9
Notes to the Financial Statements		10 to	16

						2020	2019
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	E	f	f	F
INCOME AND ENDOWMENTS		FROM
Donations	and legacies			5,571	49,181	54,752	104,294
Investment	income						1,607
Total				5,571	49,181	54,752	105,901
EXPENDITURE ON
Charitable	activities
Leadership	development			13,412	40,240	53,652	125,659
NET INCOME/(EXPENDITURE)				(7,841)	8,941	1,100	(19,758)
RECONCILIATION OF FUNDS
Total funds	brought forward			55,649		55,649	75,407
TOTAL FUNDS CARRIED FORWARD				47,808	8,941	56,749	55,649

					2020	2019
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	f	f	f	f
CURRENT ASSETS
Debtors		9	34,952		34,952	35,814
Cash at bank			56,691	8,941	65,632	97,064
			91,643	8,941	100,584	132,878
CREDITORS
Amounts falling due within one year		10	(43,835)		(43,835)	(76,173)
NET CURRENT ASSETS			47,808	8,941	56,749	56,705
TOTAL ASSETS LESSCURRENT LIABILITIES			47,808	8,941	56,749	56,705
CREDITORS
Amounts falling due after more than one
year						(1,056)
NET ASSETS			47,808	8,941	56,749	55,649
FUNDS		12
Unrestricted	funds				47,808	55,649
Restricted funds					8,941
TOTALFUNDS					56,749	55,649

	DONATIONS	DONATIONS	AND LEGACIES	AND LEGACIES
					2020	2019
					f	f
	Donations				5,571	104,294
	Grants				49,181
					54,752	104,294
	Grants	received, included		in the above, are as follows:
					2020	2019
					E	E
	King Baudouin		Foundation		11,443
	Acumen	Fund			37,738
					49,181
3.	INVESTMENT		INCOME
					2020	2019
					E	E
	Deposit	account interest				1,607

CHARITABL	E ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs	note 5)	Totals
		E	E
Leadership	development	50,683	2,969	53,652

		Governance
		costs
		E
Leadership	development	2,969

2020	2019
E	E

2020	2019
nil	nil

	COMPARATIVES FOR	THE STATEMENT OF FINANCIAL ACTIVITIES	THE STATEMENT OF FINANCIAL ACTIVITIES	THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted		Total
				fund	funds		funds
				f		f	f
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			104,294			104,294
	Investment income			1,607			1,607
	Total			105,901			105,901
	EXPENDITURE ON
	Charitable activities
	Leadership development			125,659			125,659
	NET INCOME/(EXPENDITURE)			(19,758)			(19,758)
	RECONCIUATION OF	FUNDS
	Total funds brought forward			75,407			75,407
	TOTAL FUNDS CARRIED FORWARD			55,649			55,649
9.	DEBTORS:AMOUNTS	FALLING	DUE WITHIN ONE YEAR
					2020		2019
					f		f
	Other debtors				34,952		35,814

			FOR THE YEAR ENDED 31DECEM	BER 2020
10.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2020	2019
					f	f
	Trade creditors					1,320
	Other creditors				42,196	73,215
	Accrued expenses				1,639	1,638
					43,835	76,173
11.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN	ONE YEAR
					2020	2019
					E	E
	Other creditors					1,056
12.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1/1/20	in funds	31/12/20
				f	E	f
	Unrestricted funds
	General fund			55,649	(7,841)	47,808
	Restricted funds
	Acumen Fund				5,711	5,711
	King Baudouin	Foundation			3,230	3,230
					8,941	8,941
	TOTAL FUNDS			55,649	1,100	56,749

				Incoming	Resources	Movement
				resources E	expended f	in funds E
Unrestricted		funds
General	fund			5,571	(13,412)	(7,841)
Restricted funds
Acumen	Fund			37,738	(32,027)	5,711
King Baudouin			Foundation	11,443	(8,213)	3,230
				49,181	(40,240)	8,941
TOTAL	FUNDS			54,752	(53,652)	1,100

			Net
			movement	At
		At 1/1/19	in funds	31/12/19
				E
Unrestricted	funds
General fund		75,407	(19,758)	55,649
TOTAL FUNDS		75,407	(19,758)	55,649

		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted	funds
General fund		105,901	(125,659)	(19,758)
TOTAL FUNDS		105,901	(125,659)	(19,758)

				Net
				movement	At
			At 1/1/19	in funds	31/12/20
			f	E	E
Unrestricted		funds
General	fund		75,407	(27,599)	47,808
Restricted funds
Acumen	Fund			5,711	5,711
King Baudouin		Foundation		3,230	3,230
				8,941	8,941
TOTAL	FUNDS		75,407	(18,658)	56,749

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
Unrestricted		funds
General	fund			111,472	(139,071)	(27,599)
Restricted funds
Acumen	Fund			37,738	(32,027)	5,711
King Baudouin			Foundation	11,443	(8,213)	3,230
				49,181	(40,240)	8,941
TOTAL	FUNDS			160,653	(179,311)	(18,658)