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|Report ofthe trustees|||2-4|
|---|---|---|---|
|Independent
Examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the accounts|||8-1|
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|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|||
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|||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|
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|||||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|
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|||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.|
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|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|||||||||
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