2021-12-31-accounts - The Mason Foundation

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STATEMENT OF FINANCIAL POSITION 31DECEMBER 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes				E
FIXEDASSETS
Tangible assets			778	778	1,191
CURRENT ASSETS
Debtors			7,018	7,018	17,886
Cash at bank			116,077	116,077	120,382
			123,095	123,095	138,268
CREDITORS
Amounts falling due within one year			(111,441)	(111,441)	(9,267)
NET CURRENT ASSETS			11,654	11,654	129,001
TOTAL ASSETSLESSCURRENT LIABILITIES			12,432	12,432	130,192
NET ASSETS			12,432	12,432	130,192
FUNDS
Unrestricted funds					130,192
Restricted funds				12,432
TOTAL FUNDS				12,432	130,192

The average monthly	number of	emp	loyees during the year	was as follows:
					2021	2020
Support Staff					5	5
No employees received emoluments			in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
				E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				418,521		418,521
EXPENDITURE ON
Charitable activities
The Mason Miles				289,764		289,764
Overheads				22,244		22,244
Total				312,008		312,008
NET INCOME				106,513		106,513
RECONCILIATION	OF FUNDS
Total funds brought	forward			23,679		23,679
TOTAL FUNDS CARRIED FORWARD				130,192		130,192

6.	TANGIBLE FIXEDASS	E	TS
						Computer
						equipment
	COST
	At 1 January 2021 Additions					1,787 273
	At 31 December 2021					2,060
	DEPRECIATION
	At 1 January 2021 Charge for year					596 686
	At 31December 2021					1,282
	NET BOOK VALUE
	At 31 December 2021					778
	At 31 December 2020					1,191
7.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2021	2020
	Trade debtors Other debtors Prepayments				6,795 223	795 17,091
					7,018	17,886
8.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2021	2020
	Trade creditors Taxation and social security Other creditors				35 5,700 105,706	F 5,847 3,420
					111,441	9,267
9.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
	Unrestricted funds		At 1.1.21	in funds f	funds	31.12.21 F
	General fund		130,192		(130,192)
	Restricted funds
	Restricted funds			(117,760)	130,192	12,432
	TOTAL FUNDS		130,192	(117,760)		12,432

Comparative	net moveme	nt in funds, Included in the above are	qs follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F
Unrestricted	funds
General fund			418,521	(312,008)	106,513
TOTAL FUNDS			418,521	(312,008)	106,513
A current year	12months	and prior year 12months combined	position isas follows:
			Net	Transfers
			movement	between	At
		At 1.1.20	in funds f	funds	31.12.21
Unrestricted	funds
General fund		23,679	106,513	(130,192)
Restricted funds
Restricted funds			(117,760)	130,192	12,432
TOTAL FUNDS		23,679	(11,247)		12,432

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
	2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations	174,708	418,521
Other trading activities
Subcontracted staff income	17,091
Total incoming resources	191,799	418,521
EXPENDITURE
Charitable activities
Insurance Advertising Mason Mile event costs Donations	55 12,459 75,591 100	2,413 9,093 180,632 300
	88,205	192,438
Support costs
Management
Wages Social secudity Pensions Telephone	187,446 11,950 4,322 656	96,122 10,498 2,204 797
Postage and stationery	953	366
Sundries Subscriptions	5,478 523	814
Computer costs Computer equipment	328 687	5,883 596
Staff travel	4,788
	217,131	117,280
Finance
Bank charges	66
Governance costs
Accountancy and legal fees	4,157	2,282
Total resources expended	309,559	312,008
Net (expenditure)/income	(117,760)	106,513