| Report ofthe trustees | 2-4 | ||
|---|---|---|---|
| Independent Examiner's |
report | ||
| Statement of financial |
activities | ||
| Balance sheet | |||
| Notes to the accounts | 8-1 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Fund | Funds | Funds | Funds | ||||
| 2022 | 2021 | ||||||
| Notes | 'E | ||||||
| INCOI85 | |||||||
| Donations | 100,000 | 100,000 | 40,000 | ||||
| Income from investment | portfolio | 5,049 | 5,049 | 5,830 | |||
| Bank Interest | |||||||
| Total incoming resources |
|||||||
| EXPENDITURE | |||||||
| Costs ofraising funds: Investment management |
fees | 4,980 | 4,980 | 5,017 | |||
| Expenditure on Charitable |
activities: | ||||||
| Awards made | 17,398 | 17,398 | 2,.905 | ||||
| Bank Charges | 229 | 229 | 93 | ||||
| Total expenditure | |||||||
| NET INCOIIE/DEFICIT RECOGNISED GAINS |
BEFORE | 69 | 82,373 | 82,442 | 37,815 | ||
| Net gain/(losses) on investments |
(42,694) | (42,694) | 40,954 | ||||
| Transfer between funds |
|||||||
| NET MOVEMENT | |||||||
| IN FUNDS FOR THE YEAR | (42,625) | 82,373 | 39,748 | 78,769 | |||
| TOTAL FUNDS BROUGHT FORWARD | 575205 | 75 537 | 855 042 | 578273 | |||
| TOTAL FUNDS CARRIED | FORWARD | 53W89 | 1fi2,219 | LI4$96 | L'iQ}42 |
| Endowment | Unrestricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Notes | Fund | Funds | |||
| FIXEDASSETS | |||||
| Investments | 532 580 | 532 580 | 575205 | ||
| CURRENT ASSETS | |||||
| Bank balances | 162,210 | 162,210 | 79,837 | ||
| LIABILITIES | |||||
| Creditors falling due within one year |
|||||
| NET CURRENT ASSETS | 162 210 | 162 210 | 79&37 | ||
| TOTAL ASSETSLESS | |||||
| CURRENT LIABILITIES | 53~9. | %2~1 | Ltd sG | MLQ42 | |
| FUNDS OF THE CHARITY | |||||
| Unrestricted Funds |
162,210 | 79,837 | |||
| Endowment Fund |
532580 | 575205 | |||
| TOTAL CHARITY FUNDS |
| DONATIONS | 2022f | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Donation from ISSMGE |
100,000 | 40,000 | ||||||||
| Other Donations | ||||||||||
| ~4(gQ | ||||||||||
| 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. | 2022 | 2021 | ||||||
| E | ||||||||||
| Awards made | ~20 | |||||||||
| TRUSTEES REMUNERATION | AND EXPENSES | |||||||||
| The Charity's trustees were not |
paid or received | any other | benefits | from the Foundation in the |
||||||
| year (2021 —FNII) neither were charity trustee received payment —fNil). |
they reimbursed for professional |
expenses during or other services |
the year supplied |
(2021 —ENil). No to the charity (2021 |
||||||
| FIXEDASSET INVESTMENTS | ||||||||||
| 2022 | 2021 | |||||||||
| At 1 January 2022 | 575,205 | 533,438 | ||||||||
| Additions during the year Income retained |
5,049 | 5,830 | ||||||||
| Realised gains Net gain/loss on revaluations Investment management fees |
2,553 (45,247) ~498D |
4,849 36,105 ~5917 |
||||||||
| At 31 December 2022 | ~7~2 | |||||||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN | ONE YEAR | ||||||||
| 2022 | 2021 | |||||||||
| Other creditors re awards | payable |