OpenCharities

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2020-12-31-accounts

Note 2020 2019
£ £
Income
Investmentincome 2 74,805 97,003
TotalIncome
74,805

97,093
Expenditure
Costsofraisingfunds
InvestmentManagementCosts (30,127) (32,072)
Expenditureoncharitableactivities 3 (115,168) (151,106)
Totalexpenditure
(145,295)

(183,178)
Netexpenditurebeforegainsandlosseson
investments

(70,490)

(86,085)
Net(losses)/gainsoninvestments 6 (56,251) 434,501
Net(expenditure)/incomeandnetmovement
infundsfortheyear

(126,741)

348,416
Reconciliationoffunds
Fundsbroughtforward
Totalfundscarriedforward

3,084,062
2,957,321

2,735,646
3,084,062

AS AT31DECEMBER2020
AS AT31DECEMBER2020
Note
2020
2019
£ £
Fixedassets
Investments 6 2,876,604 3,080,744
Currentassets
Debtors 7 4,485 4,535
Cashatbankandinhand 91,937 14,551

96,422

19,086
Liabilities
Creditors:Amountsfallingduewithinoneyear 8 (15,705) (15,768)
Netcurrentassets

80,717


3,318
Totalnetassets

2,957,321


3,084,062
Representedby:
UnrestrictedFunds 2,957,321 3,084,062
TotalFunds
2,957,321

3,084,062
ApprovedandauthorisedforissuebytheTrusteesonoJyl0%hi and signedontheirbehalfby
JSennitt HO'Shea LRNON
Trustee Trustee "

2 Investmentincome
2020 2019
Incomefromlistedinvestments £
74,805
£
97,093
Totalinvestmentincome

74,805


97,093
Expenditureoncharitableactivities
2020 2019
Grantfundedactivity(note4)
Governancecosts(note5)
£
112,000
3,168
£
148,032
3,074
Totalexpenditureoncharitableactivities

115,168


151,106
Grantfundedactivity
Duringtheyearthefollowinggrantsanddonationswerepayable: 2020 2019
£ £
StVincentDePaulSociety(EnglandandWales) 35,000 -
DepaulUK 20,000 10,000
Streetchild
TheHopeFoundation
15,000
15,000
22,500
15,000
Papyrus
CALM
10,000
5,000
-
-
EastAfricanPlaygrounds 5,000 -
ActionforChildren 5,000 -
TheSamaritans - 10,000
TheCarers'Trust - 10,000
Crisis - 10,000
ThePassage - 10,000
One25
MyAFK
-
-
5,000
5,000
TheFosteringNetwork
LEAH
-
-
5,000
5,000
Welcare
WhymeUK
-
-
5,000
5,000
Onegrantof£3,000orless(2019:16) 2,000 30,5632

112,000

148,032
Therewerenosupportcostsinvolvedinthecharitableactivities.

5 Governancecosts
2020 2019
£2 £
Independentexaminationfees(includingVAT) 3,090 3,000
Bankcharges 78 74


3,168


3,074
6 FixedAssetInvestments
Movementinfixedassetinvestments 2020 2019
£ £
Marketvalueat1 January 3,080,744 2,686,385
Additionstoinvestmentsatcost
Disposalsatcarryingvalue
1,167,659
(1,743,624)
286,811
(316,398)
Movementoncash 96,853 24,891
UnrealisedGainonrevaluation 274,972 399,055
Marketvalueasat31December

2,876,604


3,080,744
Netcashreleasedfrominvestmentsintheyearwas£192,460(2019:£111,811).
Investmentsatmarketvaluecomprised 2020 2019
£ £


UKlistedinvestments
USlistedinvestments
Cash
Total


2,314,590
310,188
251,826
2,876,604


2,819,653
106,117
154,974
3,080,744
Net(losses)/gainsoftheportfolioareasfollows: 2020 2019
£ £
Realised(losses)/gains (331,233) 35,445


Unrealisedgains
Net(losses)/gainsoninvestment


274,972
(56,261)


339,055
374,500
7 Debtors
2020 2019
£ £

Accruedincome

4,485

4,535

reditors:Amountsfallingduewithinoneyear
2020 2019
£ £
Accruals 5,705 5,769
Grantspayable 10,000 10,000

15,705

15,769