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|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|4|
|Independent
Examiner's|Report|||||
|Statement ofFinancial|Activities|||||
|Balance Sheet||||||
|Notes to the Financial Statements|||8|to|12|
|Detailed Statement of Financial||Activities||13||
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||||for the|Year Ended 31 Decembe|r 2021||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes|||
|INCOME AND ENDOWMENTS|||FROM||||
|Investment
income|||||46,636|46,810|
|EXPENDITURE ON|||||||
|Raising funds|||||14,202|12,608|
|Charitable
activities|||||||
|Accommodation
for young people|||in the UK||7,000|5,500|
|Providing
clean water|solutions|for|developing||||
|countries|||||15,000|10,000|
|Overseas
animal
welfare||||||5,000|
|Yemen appeal||||||5,000|
|Health
support
for Malawi||||||5,000|
|Education
for Africa|children|||||400|
|Emergency
response|in crisis affected regions||||15,000|5,000|
|Covid 19Emergency|food response||Madagascar||20,000||
|Conservation
activities
in Mozambique|||||10,000||
|Development
oforphanages
in Malawi|||||1,005||
|Other|||||2,717|2,413|
|Total|||||84,924|50,921|
|Net gains/(losses)
on|investments||||209,905|(1,796)|
|NET INCOME/(EXPENDITURE)|||||171,617|(5,907)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||||2,512,191|2,518,098|
|TOTAL FUNDS CARRIED FORWARD|||||2,683,808|2,512,191|
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|||2021|2020|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Investments||2,575,860|2,399,351|
|CURRENT ASSETS||||
|Debtors||670|665|
|Cash at bank||111,664|115,671|
|||112,334|116,336|
|CREDITORS||||
|Amounts
falling due within one year|10|(4,386)|(3,496)|
|NET CURRENT ASSETS||107,948|112,8'0|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||2,683,808|2,512,191|
|NET ASSETS||2,683,808|2,512,191|
|FUNDS||||
|U;unrestricted
funds||2,683,808|2,512,191|
|TOTAL FUNDS||2,683,808|2,512,191|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|Other fixed asset invest - Fll|||||||36,571|37,617|
|Deposit account interest||||||||112|
|Fixed interest
income|||||||3,309|2,855|
|Other interest|||||||6,756|6,226|
||||||||46,636|46,810|
|RAISING FUNDS|||||||||
|Investment
management|costs||||||||
||||||||2021|2020|
|Portfolio management|||||||14,202|I2,608|
|CHARITABLE ACTIVITIES|||COSTS||||||
||||||||Grant||
||||||||funding of||
||||||||activities||
|||||||Direct|(see note||
|||||||Costs|5)|Totals|
|Accommodation
for young|people|||in the|||||
|UK|||||||7,000|7,000|
|Providing
clean water solutions|||for||||||
|developing
countries|||||||15,000|15,000|
|Emergency
response
in crisis||affected|||||||
|regions|||||||15,000|15,000|
|Covid 19Emergency
food|response||||||||
|Madagascar|||||||20,000|20,000|
|Conservation
activities
in Mozambique
Development
oforphanages
in Malawi||||||1,005|10,000|10,000
1,005|
|||||||1,005|67,000|68,005|
|GRANTS PAYABLE|||||||||
||||||||2021|2020|
|Accommodation
for young people
Providing
clean water solutions
for||||in the UK
developing|countries||7,000
15,000|5,500
10,000|
|Overseas animal welfare
Yemen appeal||||||||5,000
5,000|
|Health support
for Malawi
Education
for Africa children||||||||5,000
400|
|Emergency
response
in crisis affected regions
Covid 19Emergency
food response
Madagascar|||||||15,000
20,000|5,000|
|Conservation
activities
in Mozambique|||||||10,000||
||||||||67,000|35,900|
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|GRANTS PAYABLE - continued|||
|---|---|---|
|The total grants paid to institutions
during
the year was as follows:|||
||2021|2020|
|Rounabout
(Registered
Charity No: 1061313)|7,000|5,500|
|Wateraid (Registered
Charity No: 288701)|15,000|10,000|
|African
Parks (Registered
Charity South Africa No: 930028082)||5,000|
|Save The Children
(Registered
Charity No: 213890)|5,000||
|Liverpool School ofTropical Medicine (Registered
Charity No:222655)||5,000|
|The Light Outreach (Registered
Charity No: 1079178)||400|
|Unicef(Registered
Charity No: 1072612)|10,000|5,000|
|The UN Refugee Agency (Registered
Charity No: 1183415)||5,000|
|Seed Madagascar
(Registered
Charity No: 1079121)|20,000||
|Fauna & Flora international
(Registered
Charity No: 1011102)|10,000||
||67,000|35,900|
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|SUPPORT C|OSTS|||||
|---|---|---|---|---|---|
|||||Governance||
||||Finance|costs|Totals|
|Other resources expended|||17|2,700|2,717|
|Support cnsts,|included|in the above, are as follows:||||
|||||2021|2020|
|||||Other||
|||||resources|Total|
|||||expended|activities|
|Bank charges||||17|13|
|Accountancy|and legal|fees||2,700|2,400|
|||||2,717|2,413|
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|||||Listed|Fixed||
|---|---|---|---|---|---|---|
||||investments||Interest|Totals|
|MARKET VALUE|||||||
|At
I January 2021|||2,000,261||399,090|2,399,351|
|Additions||||148,074|78,806|226,880|
|Disposals|||(189,320)||(58,276)|(247,596)|
|Revaluations||||202,613||202,613|
|At 31 December 2021|||2,|161,628|419,620|2,581,248|
|PROVISIONS|||||||
|Provision
for year|||||5.388|5,388|
|NET BOOK VALUE|||||||
|At 31 December 2021|||2,|161,628|414,232|2,575,860|
|At 31 December 2020|||2,000,261||399,090|2,399,351|
|The assets held above and|market value at 31st December 2021 are:-||||||
||||||2021|2020|
|VK Fixed Interest|||||248,348|254,041|
|Overseas Fixed Interest|||||165,884|145,049|
|VK Equities|||||613,502|622,553|
|European
Equities
North American
Equities|||||181,3'l3
454,882|156,161
452,043|
|Japanese
Equities
Far East and Australasian|Equities||||65,636
120,957|65,489
124,608|
|International
Equities
Emerging
Economies|||||128,069
103,319|36,580
109,843|
|Property
Alternative
Assets|||||125,391
368 529|110,864
322 120|
||||||2 575 860|2 399351|
|The cost value ofinvestments||at 31st December 2021:-|||||
|Listed: E1,593,492(2020:|11,598,417).||||||
|Fixed interest: f415,957(2020:$396,546).|||||||
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE||YEAR||||
||||||2021|2020|
|Other debtors|||||670|665|
|Other debtors consists of:-|||||||
|K670,(2020:f665)accrued||interest.|||||
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|CREDITORS: AMOUNTS
FALLING DUE WIT|HIN ONE YEAR||
|---|---|---|
||2021|2020|
|Trade creditors|505||
|Accrued expenses|3,881|3,496|
||4,386|3,496|
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||for the Year Ended 31 Decem|ber 2021||
|---|---|---|---|
|||2021|2020|
|INCOME AND ENDOWMENTS||||
|Investment
income||||
|Other fixed asset invest - Fll||36,571|37,617|
|Deposit account interest|||112|
|Fixed interest income||3,309|2,855|
|Other interest||6,756|6,226|
|||46,636|46,810|
|Total incoming
resources||46,636|46,810|
|EXPENDITURE||||
|Investment
management|costs|||
|Portfolio management||14,202|12,608|
|Charitable
activities||||
|Overseas project management
(Malawi)||1,005||
|Grants to institutions||67,000|35,900|
|||68,005|35,900|
|Support costs||||
|Finance||||
|Bank charges||17|13|
|Governance
costs||||
|Accountancy
and legal fees||2,700|2,400|
|Total resources expended||84,924|50,921|
|Net expenditure
before gains and losses||(38,288)|(4, 1 1 1)|
|Realised recognised
gains|and losses|||
|Realised gains/(losses)
on|fixed asset investments|12,680|(147,492)|
|Unrealised
gains/(losses)
on fixed asset||||
|investments||197,225|145,696|
|Net income/(expenditure)||171,617|(5,907)|
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