2020-09-30-accounts

			Pages
Trustees'	Annual Report
Independent Examiner's Report
Statement	of Financial Activities
Summary	Income and Expenditure	Account
Balance Sheet
Notes to	the Accounts		10to 15
Detaiied	Statement of Financial Activities		16to 17

he Maiden Factor Foun tatement of Financial A for the year ended 30 S	dation ctivitie eptem	s ber 2	020
			Unrestricted	Restricted	Endowment
			funds	funds	funds	Total funds	Total funds
			2020	2020	2020	2020	2019
Income and endowments
from:
Donations and legacies		4	120,432			120,432	55,528
Charitable activities		5	32,543			32,543
Investments		6	22			22
Total			152,997			152,997	55,560
Expenditure on:
Raising funds
Charitable activities		7	176,451			176,451
Other		8	9,138			9,138
Total			185,589			185,589	4,177
Net gains on investments
Net (expenditure)/income		9	(32,592)			(32,592)	51,383
Transfers between funds
Net (expenditure)/income before other gains/(losses)			(32,592)			(32,592)	51,383
Other gains and losses
Gains on revaluation	of
fixed assets
Actuarial Gains on
defined benefit pension
schemes
Other Gains
Net movement in funds			(32,592)			(32,592)	51,383
Reconciliation offunds:
Total funds brought			69,779			69,779
forward
Total funds carried			37,187			37,187	69,779
forward

					2020
income					152,975	SS,528
Net gains on	investments
interest and	investment		income
Gross income for		the year
Expenditure					185,589	4,177
interest paya	ble
Depreciation	and	charges for
impairment	offixed assets
Total expenditure		for the year			185,589
Net (expenditure)/income				before
tax for the year					(32,592)	51,383
Net (expenditure		)/income		for the	(32,592)	51,383
year

The Maiden Factor Foundation Balance Sheet	The Maiden Factor Foundation Balance Sheet
at 30September 2020
Company No. 09241095		Notes	2020
Current assets
Cash at bank and	in hand		40,821
			40,821	71,144
Creditors: Amount falling due within one		10	(3,634)	(1,365)
year
Net current assets			37,187	69,779
Total assets less current liabilities			37,187	69,779
Net assets excluding	pension asset or		37,187
liability
Defined benefit pension scheme asset
Total net assets			37,187
The funds ofthe charity
Unrestricted funds
General funds		11	37,187	69,779
			37,187	69,779
Total funds

s tothe A	cc	ounts
Expenditure
Recognition		of	Expenditure is recognised on an accruals		basis. Expenditure includes			any
expenditure			VAT which cannot be fully recovered,	and	is reported	as part of	the
			expenditure to which it relates.
Expenditure		on	These comprise the costs associated with		attracting	voluntary income,
raising funds			fundraising trading costs and investment		management costs.
Expenditure		on	These comprise the costs incurred by	the	Charity in	the delivery	of its
charitable	activities		activities and services in the furtherance		ofits objects, including		the	making
			ofgrants and governance costs.
Governance		costs	These include those costs associated	with	meeting the constitutional			and
			statutory requirements ofthe Charity,	including any		audit/independent
			examination fees, costs linked to the	strategic management of			the Charity,
			together with a share ofother administration costs.
Other expenditure			These are support costs not allocated	to	a particular	activity.

3	Statement	of Financial	Activities -prior	year
				Unrestricted	Designated	Restricted
				funds	funds	funds	Total funds
				2019	2019
Income and endowments
from:
	Donations	and					55,528
	legacies			55,528
	Charitable	activities
	Other trading
	actIVlt Ies
	investments
	Other
Total				55,560			55,560
Expenditure		on:
	Raising funds
	Charitable	activities
	Other			4,177			4,177
Total				4,177			4,177
Net gains on		investments
Net income				51,383			51,383
Transfers between funds
Net income before other				51,383
gains/(tosses		j
	Other gains and losses:
	Gains on	revaluation	offixed assets
	Actuarial	Gains on defined benefit
	pension	schemes
	Other Gains
	Net movement in funds			51,383			51,383
	Reconciliation offunds:
	Total funds brought
	forwalcl
	Total funds	carried		51,383
	forward

4	Income from	Income from	donations	and	legacies
				Unrestricted		Restricted	Endowment	Total	Total
								2020
	Donations				120,432			120,432	55,528
					120,432			120,432	55,528
5	Income from		charitable	activities
				Unrestricted		Restricted	Endowment		Total
								2020
	Fundraising	activities			32,543			32,543
					32,543			32,543
6	Income from		investments
				Unrestricted		Restricted	Endowment	Total	Total
								2020
	Interest received
					22			22
7	Expenditure		on charitable		activities
				Unrestricted		Restricted	Endowment	Total	Total
								2020	2019
	Expenditure		on
	charitable	activities
	Fundraising	activities			107,619			107,619
	Donations	expensed			61,853			61,853
	Grants made
	Governance		costs
	Accounting	and IER			6,979			6,979	3,685
					176,451			176,451

Other exp	enditure
		Unrestricted	Restricted	Endowment	Total	Total
					2020	2019
General
admlnlstl	atlve costs
Legal and	professional,	8,070			8,070
costs
		8,142			8,142

9	Net (expendi 'transfers	tur	e)/inc	ome	before
							2020
	This is stated	after charging:					E
	Independent	Examiner's			fee		2,100		2,100
							2,100		2,100
10	Creditors: Amounts			falling due within one year			ZOZO		2019
	Accrued expenses						1,888		1,074
	Other creditors						1,746		291
							3,634		1,365
								movement
11	Movement	in	Funds				At Ol.M.19	in funds	At 30.09.20
	Unrestricted	funds
	General Fund						69,779	(32,592)	37,187
	Total funds						69,779	(32,592)	3?,187
	Net movement		in funds,		included	in the above are	as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
	Unrestricted	funds
	General Fund						152,997	(185,589)	(32,592)
	Total funds						152,997	(185,589)	(32,592)

				Net
				movement
Comparatives	for movement	in Funds	At 01.10.18	in funds	At 30.09.19
Unrestricted	funds
General Fund			18,396	51,383	69,779
Total funds			18,396	51,383	69,779
Comparative	net movement	in funds, included	in the above are as foilows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
Generai Fund			55,560	(4,177)	51,383
Total funds			55,560	(4,177)	51,383

for the year ended 30		Se	ptember	2020
				Unrestricted	Restricted	Endowment
				funds	funds	funds	Total funds	Total funds
				2020	2020	2020	2020	2019
				f	f	f	f	f
Income and endowments			from:
Donations and legacies
Donations				120,432			120,432	55,528
				120,432			120,432	55,528
Charitabie activities
Fundraising activities				32,543			32,543
				32,543			32,543
Investments
Interest received							22	32
							22
Total income and endowments				152,997			152,997
Expenditure on:
Charitable activities
Fundraising activities				107,619			107,619
Donations expensed				61,853			61,853
Grants made
							169,472
Governance costs
Accounting and IER				6,979			6,979
				6,979			6,979
Tota Iofexpenditure	on						176,451
charitable activities
General administrative			costs,
including depreciation			and
amortisation
Bank charges							725
Software, ITsupport		and		271			271
related costs
Stationery and printing				?2			?2
				1,068			1,068
Legal and professional			costs
Consultancy fees				8,070			8,070
				8,070			8,070
Total ofexpenditure		of	other	9,138			9,138	492
costs
Total expenditure							185,589	4,177
Net gains on investments

Net {expenditure)/income	{32,592)	(32,592)
Transfers between funds
Net (expenditure)/income before other gains/(losses)	(32,592)	(32,592)
Other recognised gains and
losses
Gains on revaluation offixed
assets
Actuarial Gains on defined
benefit pension schemes
Other Gains
Net movement in funds	(32,592)	(32,592)	51,383
Reconciliation offunds:
Total funds brought forward	69,779	69,779	18,396
Total funds carried forward	37,187	37,18?	69,779