GINGKO (A company limited by guarantee) Report 2nd Financial Sr2temeots Yeat ended 31 Decanbet 2021 Clwity nutuber. 1158548 Colnpxny nurnber. 08565380 GtNGKO IIBRARY Contents Page 2 Ttustees, Report P2ge 10 Auditorfs Report Page 13 St2tement OE Financial Activities Page 14 Balance Sheet Page 15 Ststetnent of Cash Flows Py16 Note5 to the accounts CFIN'CJKO I.IBR.IKI' Yi*t ctJdLxi 31 l)cc¢m￿r 2021 Ttustees, Report "lThe Trustees present their annual director5 report together with the au&ted f￿ancIal ststements of the chariry for the }re2r enacd 31 Decembet 2021. The financjal ststements have been prepated in accordance with the accountsng pohcies set out in notes to thc accounts and compl! with the charity's goTr-erning document. the Charities Act 2011 and Ihe recommendations of the .SL1tement of Recummendcd Practice apph"cable io Chatities prcparing their accounts in 2ccordance with Financthl Reporting StsAdard apphcable in th¢ LIK and Repubhc of Ire12nd (FRS 102) (effectiErc l January 2019). Hatry, Hall. Chair of "frustees GINGKO UBRAKY (knr Purposes and Activities The Truste¢s proInote and facilitxte al￿Ogu¢ bctwcen the Middle East and the Western world ihrough scho12rly publicatiorAS and an interfaith lellow5hip progrojnme. In the tace oFan Increas￿g1Y ￿￿rUlent divide between East and West, w¢ cnable constructive. inforn)ed and open dtscu551014 giw a voice to 2 new generation ol thinkers and opinion fonnets. The objective of the ckniry is.. To advance education concerning the Middle Fast and North Afiica (MENA) regioTh for the public benefiL The charity carries out Its objective by holding confetellces. pub]ic kctl￿e5 aad Student retreats. promoting research and publishing rdated tD2tetial. thus et)b2ncing 2nd disseminating knowlcdge. and 2dvancing cducation for the public benefit. Our conlctcnces. lectures and other cvcnts transnatiollaL ￿UlticulturaL interfaith events. attended by both people of western backgrounds as wcll as people fro￿ or with roors in, the MENA region. The 2itn of such cyents is to foster digjogue between people of different et}￿LiCitiCS and cultwes. atLd promote Mutt￿1 Unde￿tandItig based upon shated interests and concerlls. By engaging aeademic5, intdlectuals. and public figures we werate wider interest in 2nd knowledge of the region and understanding olits culture. both in the West and in the MENA re￿o[l itsel6. OUT charity also promotes resvdrch on the regton by providing forUt￿S for the presentation of tyapers and debate. Wc publish the outconLes of the rcscarch presented aod refined at out conferences. or subsequently submitted. We also publish on￿n#1 and tratL5]2ted works of scholar5knp rdated to the ￿NA tegion in ordet to fitrthet our ch￿[l￿ble objectives. In all tbe5e mattet5 the Trustees have had tegard to the Chatity Colljmtssion's guideline5 on openting for the public benefit. Note that by thc tum MENN we concetvc the region as involving not just the Atab countries. but also Turkey. Isr2eL the Kurdish regions. etc. GINGKO UBRARY 1.1 2021 Activities and Impact With Coronavirus restrictions again maknng in-person gathetings difficul¢ if not itnp055ible. Gingko used oniinc tecbnology to further its aims in 2021. Chti5tmas and Tllls di21ogue about the Chtistsn2S Story as it appe%ts in the Qu ob5¢rwe the method5 and ptillciples in the Ch2fities SORP (2019) FRSIO2. make judgmcnts and estimates that are reasonable and prudentr. to State whether app]icable UK accounting St￿d￿ have been followed. Subject to any njaterial departures disclosed and exp]2ioed in the flnancial statements" ptepate the financi21 st•temellts the going concern b*si5 unless it is inapptopti*te to ptrsume that thc charity will contitiue in business. The Trustees are responsible for keeping proper accounting rcro￿ that disdose with teasonable accuracy at 2ny time the financial Position of the chatiry and to enable them to ensure that th¢ financ￿1 ststrments comply with the Companie5 Act 2006. They are atso responsible for saEegu2rding the assets of the charity and the group and hencc taking reasonable steps for the prevention and detection of fraud and other irregularitie5. Th¢ T￿￿tteS responsible for the matntenance and inte￿Ity of the Co￿or￿te fin2ncial infornJ2tion induded on the chiritable CoMp￿Y'S website. I￿￿$12tiOn in the Uoited Kthgdorn governiog the preparAtion and dissemRnation of fitwicial statements differ from le&slation in other jutisdictions. Disclosure of itiforniatiott to the auditotB We. the ditectors of the company who hdd office It the date ofapptoval of these Financi21 Statements as set out above each confimi so far as we are aware, that there is no rdevant audit inForm*tion of which the compan￿$ *u&"tor5 2re unawate. and we have t#ken all the steps that we ought to have taken as directors in order to oursdves awa￿ of any rdevant audit informatioll and ro establish that the company's auditors are aware of that infottnation. In Preparing this rport tbe Tn￿teeS have taken xdvaotw of the 5nJall compaoie5 excmption provided in 5¢ction 415A of the Companics Act. This Report was approved by the Trwstees on 13 Septembet 2022 Harry Hall. Chait of Trustees GiNGKO UBRARY Ywendd 31 Dectth ￿21 Independent Auditoe8 Report to the Trnstees of Gingko library Ltd Opinion We knve audited the financial ststeDi¢nts of GiDgko Iibrary the chatitable cornpany for the ycar ended 31" December 2021 which comprise the StarerDent of Financi21 Activities. Balance SheeL the Sratement of Cash flow5 and notes to the financial statements. i0dudll￿ sJgDific*nt accouoting po]ictes. The finanaal reporting fr2mvwork that has been apphed in their prq)aration is applicable and United Kts]gdom Accounting Standard5. induding Finanaai Reportillg Stsndard 102 Tbe FiffaRadlR¢orhirg Stsndard4pp&¢able IR th UK und R¢P¥bhc ofInland (United Kts)gdom Generally Accepted Accoulltillg Practice). In our opinion the financial ststct[￿xts. ve 2 twe and fair view of the stsre of the cban"t2ble c(mpanfs affa￿5 as at 31" December, 2021. and OF its incoming re50Utce5 aod application 0£￿s0Urces. indudiug its income and expeoditut4 for the yeat then ended. bave been propedy pteEYared in accordance with United Kingdom Geller2lly ACCeP￿d Accounting Practice" and have been prepar¢d in *ccotdancc with tbc rqwrements of the Con)Fatiie5 Act 2(K)6. Basis for opinion We conducted our audit in aCCord￿ce with Intcrnationgj st￿dards on Auditing (UK) JSAS (UIQ) and pp]icable law. Our te5ponsibiiities undet those statldards 2re fithet deS￿ibed in the auditot te5poosibAlities for the audit ol the financial ststements sectioll ol our reporL We are independent of the chatttsblc company in 2ccordance with the etbicai requiremmts thar are tdcyant to ouc audit oFtbe finaniial state￿ents in the UK induding the FRC'S Ethical Stxnd2rd, and we have Eulfilled our other ethical responsibi￿"tieS in 2ccordan¢c with these requirements. We bdieve that the audit evidence w¢ have obtsitled ts suffiCi￿t and appropriite to provide a basis for our opillion. Conclusions relatitig to going concern In auditing the financial ststcments, we have conduded th*r the tru5tees' of the going conccrn basis of accounting in the preparatioo of the financial statements ts appropriate. Based on the work we have performe4 we have not idenllfied any material uncert2inties rdating to events ot condiuons that, inth"Fidually or collecttydy. cast significant doubt on the charitable company's abiliry to continuc as a going concem for a period of *t I￿t twdve znonths fronj when tbe financial statements are authorised fot issue. Out responsibilities and the resEK)Dsibthties of the t￿SteeS tespect to goitig concem 2Te desuibed iti the rdev2nt sections of tbis report. Other itiforniation The trustees are tespgnsible for the other inlortD2ti00. The othet informauon comptise5 the information induded in thc AnnuaL reporL other th20 the financi21 ststernents 2nd our #u&"tot's report thereon. Our opinion on the f￿anC￿l statements does not cover the other infotmation except to the eXt￿&t Other￿Se explicidy stated itl our we do not express any form of assuratjce condusion thereon. In conncction ￿ttth our 2udit of thc financial statements. our responsibility ts to re￿ the other inf0m￿tion and, in doing so, consider whethct the other information 15 IDlten2lly inconsistetLt with the financial ststements or our knoTA4edge obtained in the course of the audit or otherwis£ appeats to be materi2lly misstated. Ilwe identify Such matetial inconsistencies or app2rcnt matet￿l misstsrernents. we are required to detetmine whether there ts 2 tDatuial misstatement in tbe fin2nciaL sr#tement5 Ot i material misststelllent of the othet illformation. If, based io GINGKO IJBRARY Yvareuded 31 DeceaLbeL on the wotk we have perfottDe(L we c(Trndude that thete is a ￿￿tell21 misstatell￿t oFtbis other infottD2tion, we are required to teport that fact We b2v¢ nothing to report itl thi5 regard. Opinion on othet mattets Pres￿1bed by the Companies Act 2ffi the infornvtion given in the Trnstees, report induding the s￿￿tegIC Teport for the financial year for which the financi21 statements are prepared 15 COn5i5tent tbe finallci21 st2tcments. the strategic rcpott has been prepared in accordance with apph"cable Icgal requirements. the prior year fin2nctal ststemcnts were nor subject to au&"L Mattets ott vknich we are required to report by exception In the light of our knowledge and understanding of the chatitable company and its ellTiron￿eTrt obtained in the course of the audi¢ we have not idenufied matetial ￿lsStateMents in the Tru5tees' report induding the strategic report. We b2v¢ nothing to report in tespect of the following matter5 io rdauon to wbich tbe Chatities (Accounts Reports) Regulations 21K)8 wuiIc us to report to you if. io our opinion.. certain di5dosures of d1￿Clo￿, remuneration specified by ]aw not njade" or the charitable company has not kept adeqwte and sulficient accounting record5 Ot tetutns adequate fot our autht not bccn r¢ceived from brxnche5 Ilot Visited by us. or the charitable company financi21 ststeEIients not in agreement with the accounting tecords and we have not received all the inforniation and explanations we wuirc for our audit. Responsibilities of trnstees As expla2ned morc fully in the tn￿tees. responsibi]ities statement. the trustees (who are also thc directors of the charitsble co￿PanY lor the purposes of company Jaw) ate tesponsibie for the preparatioll ol the fin2noaL statements and for being satisfied tbxt they give a true and fair view. and for such internal conttol as the trustees determine is necessw to e￿ble the preparauon of financial Statett￿llts thar are free from mateti21 llJisstatem¢nt. whether due to Eraud or crror. In preparing the financtsl stateEnents. the ¢￿Stee$ 3Te responsible fot IS5essing the charitable comptn}'s ability to conunue as a going concem, di5dosts]g. as 2pp]icable, matters related to gO￿g concern 2nd using the going concern basis of accounting unless the trnstees either intend to kquidate the cbatitable company or to C￿e operations. or have no realistic alternative but to do 50. Auditot tespotssibilities for the audit of the financial ststements Our objective5 are to obtain reason2ble assutlnce about whether the financlai staternents as 2 whole are Iree from materigj mi5Statement, whether due to fraud or error. to issue an *uditorfs teport that indudes our optDiOll. Reasonable assurancc 15 a high levd of assurance. bur is not i ￿tantee t￿t an 2udit conducted in accordance with ISAS (UK) will alw#y5 detect a materi21 misst2tement when it exists. Misststements can atise from fraud or etror con5idcrcd material if. individuJJly or iti tbe aggregxte, they could teasonably bc expected to int]uence the economic decisions of users taken on the basis of these fiD2llCi21 sratements. Irregularities. induding frau( are instances of noncompliatlce with J2ws and regulations. We design procedure5 in line with our te5ponsibth"ties. outimed above, to detect m2tetiat misstatements in respect OE ittegul2rities. induding fraud. The extent to wkn.ch our procedurcs are capable of detectiDg irtegularities, induding fraud is detalled bdov. reviewing minutes of ll2eetiDg5 of those Cb￿ with g￿ernAnCe.. enqu￿ st2fl to identify insr2nce5 of noncompliance with law5 and tegu]ations'. li GINCYKO UBRARY Year eodtd 31 Ikiembtt2021 perfonning audit work ovet the risk of manyent ovettide of conttols, indu&ng testing of journal entries and other adjustments fot appropratenes5. eVal￿ting the business rationale of significant tsansactions outside the nollnal course of business and reviewing accounting cstimates foi bias. and reviewing financJaL statement disdosures 2nd testsDg to supporw documentation to asse$5 compliance ith app]icable ]aw5 and regulations. Bec2U5e of the inherent limitstions of audi¢ there is a £isk that we will not de￿tt all ttrcgthan'ties, induditig those leading to a m*tetial tnisstacement in tbe financial statemcnts ot non-compliance with regulation. This risk increases the more that compliance with a law or tegu12tion 15 removed from tbe evcnts and transactions retlected in the fmanciai staternents. a5 we be less likdy to become aware of itistallces of non-compliance. Thc iisk is also gteiter re￿rdIng llreguknues occuw due to fraud rather tb2n ettor. as fraud involves intentional conceal￿t￿L forgery, collusion, omission ot mtsrepresent2tion. A fLwther description olo rcsponsibilities Eor the audit of the fiEwaal statetnenis is located on the Fillanctsl Reporting Council's websitc at: wEvw.frc.org.uk/aUdito￿IcspollsIbJ￿"tie5. U8e of out report This report ts made 501ciy to the chan"table companls membcrs. as a body* io accordauce with Cbapter 3 of Part 16 of the Companies Act 21K16. Our audit work has beeo undertakca so that we might state to the chxtitablc company's metnbet5 those matters we ate required to stste to the￿ In 2n AuditoE5 report and lor no othet pu￿0$e. To thc tullest eAtent pcrrnktted by ]2w. we do not icc¢pt or assume responsibdity to anyolle other tban the ch2ritable cO￿panY 2nd its members, as a body. for our audit worK for djis reporL or Eot the opinions we have Eonned. Russell Granat (Senior Statutory Auditor) For and on behalloFHolden Gtanat IIP Chartered Accountants Statutory Auditor Date 14 September 2022 Holden Granat LLP is eligiblc to act as an auditor in the tettD5 of section 1212 Companies Act 2006 12 Yearath 31 De(aThbttJ)21 ststement of Fill*￿¢1￿1 Adivities Ollcluding ineome and eipend¥tUTe aceollut) for yegr ending 31 Dcrtmber 2021 2020 TotAI Funds Totsl UDrestsicted Restricted Funds Funds F￿ll Nots Donation5 amd Grants Jncome from charitable activiti¢s Inter¢5t receivable Gainl(lossl from investmurt 431 J67 61760 494,127 59,173 28.810 87,983 1.418 1,108 5.508 1.418 1,108 5.508 775 7.521 775 7,521 439.663 61760 501423 67,207 28,810 96,017 Expertditure on charitabl¢ a¢tiYiti¢5 (217,039) (33.630) {250.669) (132.156) 122.549) (154,705) Net income l (expenditure) 222.624 29.130 251.754 (64,949) 6.261 (58,688) Rvoncili8tion of fmllds Total fijnds brought forward 14 237.T20 53.404 291,124 302.669 47,143 349,812 Totsl fuDds cxrried fornrd 14 460J44 81534 542.878 237.720 53.404 291,124 All tncome and expmditttye derive from ¢otLtinuing activities. Thr statement of fJnan¢ial activities in¢ludc5 all 8ains and1055C5 r￿o￿lS¢d duriD8 the year. 13 GINGKO LIBBARY B#laTrc¢ Sheet as #t 31 December 2021 COm￿nY N•mber 0856S3YJ Note Unregtrieted Restiirt 21121 unrestrIrt￿ Restricted 21120 ixed Invc5tments io Totxi Flx¢d A￿ets Curyent Assets Debtors Invesknet]ts Cash at baT]k and in hand li 10 83.502 281337 101.917 83,502 281337 183.051 45.984 99,130 95.881 45.984 99,130 149,285 81.134 53.404 Total Current 467.756 81.134 54&m 2411WS XI404 294099 Creditors- Amounts falling within one year 12 (6,013) (6.013) (3.276) (3,276) Net eurrent qssets 461,743 81,134 541877 L77,719 53.404 291,123 Tot￿ assets ]e&8 Current li4bilities 461.744 81.134 542m8 237,720 SJ,404 291.124 Net A&wts 461,744 81,134 541878 The fulld$ of the harity: Unrestricted incA)Tne funth R¢strtGted income fi]nd5 237.72(1 53A04 291,124 14 460.344 82.534 237.720 237.720 53,404 82.534 53.404 TotAI Charity 4611J44 82J34 541878 237.72 53A04 291,124 Ib¢ financial st8tem¢nts were appmwj and authoTiwI for i55ue by the Board OD 13 Se￿¢￿ber 2022 st￿￿d on behalf of the i¥)ard of trusttt5 Harry HalL Chair of Trustee5 The notE5 on pages 16 to 23 form part of these accounts. Company registration number. 08565380 14 GINf.KO UBRARY Ytstctmlrd 31 Decctth 3)21 ststement of C*sb Tr10*i for yeAt eDding Jl Dectmbtr 2D21 20211 Note Casb gtnergted opergting aellviti¢5: 13 2119.434 P4,890) C*sh Ilows from iDvesting Adivities: Divid¢nd5 and intcrest from inv¢siments Gain on s3]e of 5ecuriti&s t¢re5t receÈved 1.302 6219 18 1,772 3,736 272 N¢¢ eash geuergted in invutiog #thitie5: 7.539 5,730 tncre85e in Lth and cash equivalents in the year 216.973 {29,110) Cash And c&sh equivalents at th¢ iwnning ofthe year 248.415 277,525 Totsl ¢aJh Ind cash eqUiv￿t￿ts #t th¢ ertd ofthe year 248,415 Cash 8nd t￿h ¢quiv•lellts consist of: C&8h at bank and in hand 183.051 149,285 Trade securtties (included in cutt¢nt aS5¢t illv¢stDMts) 282J37 99,130 465J88 24&415 15 GtNGKO UBRARY Note8 to the accouots I Summary of Bignlficant *ccountlng poli¢ie8 ) Geoeral infotmation and baBiS of ptep4rn1iO Gjnkgo Libtlry is A Co￿anY ]imited by y￿nIe< Inco￿Orated in Englsnd 2ry1 Wale5 with a registeted numbtr 08565380. The tegistered of&c 15 4 Molasses Row. tA)ndofy SWI 13UX event Ord￿ C}￿lty kAng woutld up. the ]iabi]iry in ie5pect of the ar￿1t￿ is li￿lted to £10 permembtt olthe chattry. The Tmst 15 the parent widertaking of 2 5mgJlgroup as S[￿h ts not wuited by the cO￿a￿leS Act 2(1)6 ro prepsre group ccounts. These fin2nci315t2trttrnts therefote ptesentiatOllDation about the Cbarity as an Individu￿ ulldeThaku¥ al￿ not atK>Utits up. The djaziry consrswt¢$ a pub]ic bth¢fit cntity ￿ defin¢d by PLS l(rz The fit]and ststttn￿ts have been ptwed in *c£ordsnce with Accrwnting and RetM)rting by Ch2fities'. Ststemcnt of Rec0nM)￿d￿I Pt2ctict *ppliGqble to d)￿ille5 prepw their accounTS sn accordance the Fin￿][￿￿1 Repjrtyng Standard Tph¢ablr in the UK 2nd RqJub]ic of Iff1￿ Jssued Ottober 2019, tht Finan(ig1 Repow Stxlldard apph.cabk ISL the UNted KJngdotn 2nd RepubEic 0[￿ (FKS IOZ). the Chatitie5 Act 2(>ll, the Cornp8nie$.Ict 2006 and UK G¢oerally Accepted Accouniitig Praaic The f￿￿ncial statemwts art prepared on 2 going concern basis under the historical ctsst conventyoN modifLed to indude certain items at fair vslue. The finanoa] ststements are ptesented in Ste￿￿whidJ ts the hllrtionai tU￿£Y oEthe d2atity and rounded to the nearest £. The significant #ccountifjg po]icits applied An the ptrpyraixon of thest ftttsn(igl st2f£a￿ts gtc set out below. These w]icits Ixave been CtsljSSSteAtty sppbed to ￿ yeyx5 pttsentrd utJle55 otherwise stxitd b) Futtds Untestticted fund8 are 2v*ilabl£ to spold on athities that fttrther oFthe plllp￿ of cth2ftty. De5iVJSted tunds ￿ unttstiicted fund$ of the cbattry whith tht ttU5tee5 have decwjed at thur disctttioD to Set aside to for 4 speufic pu4POS Restticted Eutds are don2ti005 T4hich the dottor has speafied att to bc soldy ￿ta forpqrticdar are¥ of the charitrfs work trr Eot Specific artistic wojects bang undctrgken by the Ch￿lty. ¢) Income re¢ogniiioti InColl￿ ts reco8nJsed whrn the ch2riry has to tht fiu)ds. any wEomwJcc conditions attathed ts) the itth)($) ofincon have been me4 11 is probable d]at the inconx wAll be LecavuL 2nd the Can be reliably. For donationg to be recwiised the chlltitya have beth notifid of and set￿￿￿t datc inwiitin8. Jf thur xtc conditions £ttadJed to the dongtton 2nd this reqvire5 9 leyd olpthmwKe belore mtidttt￿lt can be obrgtsned, thell ￿coMe is deftrred those condittons are fdly met or the fillfilllxnt of those cotiditions ts Twjthin th¢ cotLtrol oEthe chattty. and itts probable that they will bt Euifiiied. d) Donated profe$$ional setvi¢es attd f*cilities Donated pro[es￿o￿al 5trviics and donated f¥ilitie5 sre recognised as when the dLaurybas conttol DFer the Itw any conditions 3sgoaated Fnth the donated Arem have btett the receLPt of ecoFLOffllC bmefit from the use by the &aLiry olthe item is ptobable and that etonomic benefit ¢gA rn￿￿￿1 rdJ*bly. In acconknwith the Chatiue5 (FLS 102), the gener2lYolunteer time olthe friend$ gte not recwed. OA recwL donared ptofE55ion215ervice$ and dos]ated f2￿ltIeS ftco8ni5ed on the b#sAs Old￿ Val￿ of the to th¢ ¢h#tirywhich 15 the amount the chaatyTADuid hve been T￿lIng to p3y to obtsin Ser4￿C$ tst faab"tie5 of 4uiTrietJt ecooomic btt)cfit on the open matke¢ a cottesponding *NTruntts thtn rttwi$td ￿￿"￿11¢ in the pen(xl of trceipL 16 GIN'GKO LJBRARY Yeatttdd 31 Dgceth2021 IAccounting Policies (etsntinucd) Expenditure ￿ recognLqed once there Js a It￿1 or CO￿tr￿Ive ob]J8Xtioll to ojake a payn*tLttt) 2 third pgty. Atts probable that 5etdementwAll be requtrd. 2nd the of the Obb￿110￿ can be 0x*su￿j rdJ2bly. Expaiture is da$S￿ed utmler the following EApenditure on clwitsble acttFities Jndudts the c(¥sts oIcoJJf¢￿. indudm8 the ¥t tickets. and accornD￿tiOn of the speakeL5 underrsken to A]rtI￿ the pwes of d￿ritY thar asso(J2r£d $￿P)rt¢0Sts. Othet exp￿"t￿re ttprc5cnts those ital￿ not fAllJng Jnto the categoiies 21xive. fj Support ¢0sts allocatio Support cost$ ate those th2t 25sisi the wotk of the ch*riry but do not direaly rep￿ent C}￿rI￿b]e actirrities and indude office costs. govcmance costs, adA￿nIstrAtive p2ytoll costs. They 9re An(￿rI￿ direcdy in SUPIK)rt of expenditure on the objects of the chatity gnd IT)dude ptoFct rnsnwttt ¢ytiied out at HexdqLWth. Where swrt Costs Cgiinot bt ditecdy attribured to P2nicu12r heAdtiw they have been aiioiated to ￿st of rgisin8 fun& gnd on charit2bl¢ acttFitie5 oll a basis conststent with ust oEthe resources. g) Creditot& aod proviBiO Credirors and provisions are Tujhett the durny hzs a present obhgation resulting ftorn a p￿t evtht that will probxbly result in the transfer OE funds to 9 third pary and the due to 5crde the Obl￿2110￿ be n￿su￿td ot esixt￿ted reliab]y. Creditors and proYision5 are norrn2Ily reco8T]tscd at tbwr setdemtnt sllK)uat atw allowing for ttade dut. h) c￿Or¥i10￿ TIX The chaury 15 exanpt fro￿ tsx on income and ￿]￿5 f2]Img￿rythIti Section 505 oEtheTaxes Ac¢ 1988 or section 252 of the T2xation OE cha￿lb1e Act 1992 to the exten( that thesc are w]ied to its d￿luble objects. i) Goillg concero The fiz]ancA21 st2temmts have been pryared oo a gtiillg cimccrn basi$ 2$ the trusree5 k¥elieve that no mateEisl uncertsinties e￿St. The tnjstrts havc cOn￿dered the levd of fund5 hdd gnd the expected kyd o[inCo￿ and cxpe(￿lI￿re for 12 zn(mths frtmrl authotising these fjnancial Statements. The budgeted Inco￿ and cxpen&"tureJs sufficient the ]£vd of resetve5 for the th￿lty to be to ) Signtficall¢ iudgemtllts esthDates The Eollow IUdgeak￿ts (apart from those iuvolw estimates) bave beth m#de In the Pr[￿ of 4)plyAng the above 3ccountii] policies that have had the ￿st swfictht tffect OA snwunts tecogni5ed Jn 5t%tements: AppttiorLfflent of supprt and gtsvernsll￿ cost$ 2¢ross thstitable activjtits. k) CurtentAssei lovest￿ent The chatity has inveStM￿t$ in tr*de 5ecunties whith it holds for res2te or p* thur 52lc and a[￿ cash wvyjents with 2 ]stULlry date k55 Dne year. These indude c&sh on deposit Ind c25h wvalents mawrity dgre of less th3x) )eAI held for itLvestment pw$es tathtt thgn to meet thott telln c0mmLtn￿ts a5 they du¢ TLade sec¢ll&tie5 havt been v21ued at M￿k¢t Value at B￿Ance Sheet date. 17 GINGKO LIBRARY Yeat Eymied 31 fkneMbet￿2I 2 Income from donations gr*ttts 2021 2020 DonatioLs Grants Donated fa¢ilÈtie5 and Services 338.178 56.423 99.526 35.782 10.000 42.201 494.127 87.983 The inwme from donations and grants £494,127 (2020: £87.983} of which N31,367 was unrestricted (2020.. £59.173) at)d £62,760 restricted {2020: £28.810). Within Unrestricted grants is the Job Retention s￿￿Me grart from the govern￿ £3.663.46 (2020: Dil) Restricted donations xttd include: The British Insiitute tsf Persian Studi¢s- £5.408 towards Urban Hi5ti)rie5 of Raj2sthJn projecL The University of Oxford- £2,51M) towan15 Urnayyad Mo4ue of I)a1[￿cuS proje¢L Paderborn Univ¢rsity. £4.CIXI towards Mary in the Quean projtyx Th¢ University of Michigan- £13.251 towards Regime Change projecL Harri50n Guthom- £670 towards Capits] Dev¢loprnent projttL Mu5ee Du [￿Uvre. £24.931 towards Preciou5 Materials proittL Axel Han4ing- £5.IW towards The F¢llow5hip Rdreat project. Philip B(x)thtnan- £5.000 towards The Fellowship Retreat projccL Th¢ University of St Andrews- £2.(M)O towards The Frnit of Knowledge, Wheel of Inming proj#t. The charity is very to Ha￿ Publishing IAd for its CLKLtinue si4)iknt SeKOndi￿ two stsff members to help with Project managem¢T¥¢ Book prrthction and Actounts. Thc estimat￿ v￿ue ofthese s¢rvice5 is £32.226 (2020.. £7,901) The Charity continues to benefit immensely frotD the 5UPW)rt ofits volunteers. Dr Barbara Schwwke and Dr Melanie GibsotL who provided professional service5 during the year as Chief Exttutiv¢ Officer and Art Series Editorrespectively. 7h¢ estimated valll¢ ofthe5e services is £63,5[￿ {2020: £30.500). It is ￿$0 very gratefid to BarbaTa sChwq￿ke WIK) provided the office space forthe dwity to operate smty)thly. The valu¢ of such professional servicts and fa¢iliti¢s arE reco￿lS￿l withill Tncoriw resour￿ a donatio and an equivalent eharge included within the relcvant Cosi centtes. tn accordance with FRS 102 and the Charities SORP (FRS 102). the ttonomi¢ contribution of gen¢ral volunteers is not recogDised in the accounts. 18 GINGKO UBRARY Ytyx thled 31 Decetth Jr21 NotrB ¢0 the accouots 3 Infome frnm ¢haritsble acbvitiej R¢strirtwJ Unrutricted R￿trIcted Unrestritt*l Funds Funds Funds FTrnd5 2021 211211 21Y211 Income from Royaltie5 Support ftom Sp)n50rs 1,418 Total income from charitable a4tivitie5 1.418 4 IDcom¢ earned frnm ittvestment The results of the group's investment of £7,521 (2020.. £5.5081 arisc5 fr￿n profits on disp)sal of investsn¢t) dividends and interest ￿e1ved from investment in trade se¢uritie5. 5 Allaly5is Df exp¢nditsre chari¢xble •thities Yar 2021 Fellowship Pttbli5hing Scholar4kip5 & Trjtsl Book production expenses Fellowship r¢tr¢at Governance costs (see note 9) Gencrnl suP￿rt Costs (see note 9) 66.825 66.825 27,893 28,150 127.801 14.075 25,433 I4.￿5 101,733 635 67.401 182.633 635 25￿669 The total expendittwe on charitsble a(livities was £250.669 (2020.. £154.705) of which £217.039 wa5 unrestri¢ted {2020.. £131156) ￿ £33,630 was r&strict&4 (2020: £21549}. All re5triLtsI ¢xpenditure was related to Publishing. The Charity initially identifies the ¢05ts of its sw fundions. It then identifies those costs which ￿late to the goYernan¢¢ fi￿Ction. Having identified its gov¢mance Co5￿ the wr¥naining support rosts together with the governance ¢osts are apportiond between th¢ two key charitable adiyities undertaken (see note 91 Èn the year. Refer to the thble below for thc basis for apwtionment and th¢ analysis of support aDd governanc¢ costs. Ye8r 2020 FelloTh8bip R*tTeal Scbol*r5hips & Grants bjishing Tolal 35291 35.291 Governance t(￿5 (sce note 9) Generdl 5UPP)rt Costs (see nofr 9) 27.819 11483 27.818 49.934 55,637 63.777 1,360 4OJ02 113.IH3 154.705 19 GINCYKO LIBRARY Notr8 ts¥ the accounts Analysis ofgovern**¢e ¥nd sDppDrt 6 costs Governance costs are apwti(M¢d g¢ross the dwitable aL1iviti¢s, split 20180 between r¢treat and publishing. This apportiot]Tt]ent 15 dictsted by an emimate of thc re5trttive tim¢ dedicated by the trustees to activity. Support costs have be¢n &pp)rtioned ￿Sing0Th e*imate ofthe time S￿ on athninis¢rative tasks by the cknity on each of the activiti¢5. Expenditure on the finaDcial suppxt for organisingthe Virts￿l Gingko Interfaith Fellowship R¢tr¢at. Y￿r 2D21 GeDeral GDvern*nt¢ Sllp￿rt ction Basis of Tol41 apportionrnent General admirristration ¢xpaises 31.440 31.440 Invoi¢eAJ stsff costs Support to other ChaTitiesh)th Auditorllndependent R¢vi¢w Fets 95.726 635 24,4(KJ 120.126 Allocated on time 635 Invoir 3.750 Gov￿r￿1cC 3.750 127WI 2&1SD 155,951 During the year the Chartty mad¢ the following donatiotLS amoUn￿ll0 £635. UNHCIL The UN Refvgee Agency: £505 The Hands Up Foundation.. £50 Embrace Middle FAst: £80 Ye•r 20211 Gener￿ Governxryce snpport B8sis of TotAI apporti0￿M¢llt 24,016 24.016 IDvoiced Stsff costs Support to other charities Accountsnt Independent R¢vi¢w F¢¢$ 38,401 I,360 54J12 91713 Ail(KafyJ on tijne 1,360 1nvoic