| Report ofthe trustees | 2-4 | ||
|---|---|---|---|
| Independent Examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the accounts | 8-1 |
| ISSMGE Foundation | ISSMGE Foundation | |
|---|---|---|
| c/o ISSMGE, | ||
| City, University of |
London | |
| Northampton Square |
||
| London | ||
| EC1VOHB | ||
| Prof. MCR Davies | (Chair) | |
| Prof. RN Taylor | ||
| Prof MB Jaksa | ||
| Mme V Bernhardt | ||
| Sargent 8 Co | ||
| Chartered Accountants |
||
| 8 Registered Auditors |
||
| 219Croydon Road |
||
| Caterham | ||
| Surrey | ||
| CR3 6PH | ||
| Barclays Bank PLC | ||
| 38 Islington Green |
||
| London | ||
| N1 SEH | ||
| Tilney Investment 17'"Floor |
Management | Ltd |
| 6 New Street Square | ||
| New Fetter Lane | ||
| London | ||
| EC4A 3BF |
| TOTAL PAY | MENTS PER | REGION | ||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | 2019 | 2020 | 2021 | ||
| Africa | 6,824 | 1,300 | 3,807 | |||
| Asia | 15,303 | 6,391 | 10,617 | 4,384 | 1,895 | |
| Australasia | 1,161 | 1,216 | 295 | |||
| Euro e | 10,555 | 2,472 | 12,507 | |||
| North America | 1,163 | 2,320 | 1,173 | 675 | ||
| South America | 1,447 | 715 | 1,969 | 40 | ||
| Total | 36,453 | 13,198 | 31,289 | 4,384 | 2,905 | |
| No. successful | awards | 35 | 13 | 35 | ||
| Avera e award | GBP | 1,042 | 1,015 | 978 | 1,096 | 485 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Fund | Funds | Funds | Funds | ||||
| Notes | f. | 2021 f |
2020 | ||||
| INCOME | |||||||
| Donations | 40,000 | 40,000 | |||||
| Income from investment | porffolio | 5,830 | 5,830 | 6,848 | |||
| Bank Interest | |||||||
| Total incoming resources |
|||||||
| EXPENDITURE | |||||||
| Costs ofraising funds: Investment management |
fees | 5,017 | 5,017 | 4,597 | |||
| Expenditure on Charitable |
activities: | ||||||
| Awards made |
2,905 | 2,905 | 4,384 | ||||
| Bank Charges | 93 | 68 | |||||
| Total expenditure | |||||||
| NET INCOME/DEFICIT | BEFORE | ||||||
| RECOGNISED GAINS | 813 | 37,002 | 37,815 | (2,201) | |||
| Net gain/(losses) on investments |
40,954 | 40,954 | 23,703 | ||||
| Transfer between funds |
|||||||
| NET MOVEMENT | |||||||
| IN FUNDS FOR THE YEAR | 41,767 | 37,002 | 78,769 | 21,502 | |||
| TOTAL FUNDS BROUGHT FORWARD | 533438 | 42 835 | 578 273 | 554 771 | |||
| TOTAL FUNDS CARRIED | FORWARD | LiLIl42 | 5~~23 |
| Endowment | Unrestricted | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Notes | Fund | Funds | |||
| FIXEDASSETS | |||||
| Investments | 575205 | 575205 | 533438 | ||
| CURRENT ASSETS | |||||
| Bank balances | 79,837 | 79,837 | 42,835 | ||
| LIABILITIES | |||||
| Creditors falling due within one year |
|||||
| NET CURRENT ASSETS | 79837 | ~79837 | 4~2835 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
5Z!~ | ZQQZ | 555/)42 | 5ZL2% | |
| FUNDS OF THE CHARITY | |||||
| Unrestricted Funds |
79,837 | 42,835 | |||
| Endowment Fund |
575205 | 533438 | |||
| TOTAL CHARITY FUNDS | 65LtL42 | 5Z6~3. |
| 4. | DONATIONS | 2021f | 2020f | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Donation from ISSMGE |
40,000 | |||||||||
| Other Donations | ||||||||||
| AWARDS MADE | ||||||||||
| Awards were all payable | to individuals | to enable | them to attend | various courses of education | ||||||
| and training in the field of |
geotechnical | engineering. | ||||||||
| 2021 f |
2020 f |
|||||||||
| Awards made |
~44 | |||||||||
| TRUSTEES REMUNERATION | AND EXPENSES | |||||||||
| The Charity's trustees were not |
paid or received | any other | benefits | from the Foundation in the |
||||||
| year (2020 - FNil) neither | were | they reimbursed | expenses | during | the year | (2020 - FNil). | No | |||
| charity trustee received payment | for professional | or other services | supplied | to the charity (2020 | ||||||
| -FNil). | ||||||||||
| FIXEDASSET INVESTMENTS | ||||||||||
| 2021f | 2020f | |||||||||
| At 1 January 2021 | 533,438 | 507,484 | ||||||||
| Additions during the year |
||||||||||
| Income retained | 5,830 | 6,848 | ||||||||
| Realised gains Net gain on revaluations Investment management |
fees | 4,849 36,105 ~5017 |
164 23,539 ~4597 |
|||||||
| At 31 December 2021 | ||||||||||
| 8. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||||
| 2021f | 2020 f |
|||||||||
| Other creditors re awards | payable |