| CONTENTS | |
|---|---|
| Pages | |
| REPORT OF THE TRUSTEES | 1-9 |
| INDEPENDENT AUDITOR'6 REPORT | 10-13 |
| STATEMENT OF FINANCIAL ACTIVITIES | 14 |
| BALANCE SHEET | 15 |
| NOTES TO THE ACCOUNTS | 16-20 |
| Notes | 2020 | 2019 | |
|---|---|---|---|
| 6 | 6 | ||
| INCOME: | |||
| Donations and legacies |
192,052 | 212,084 | |
| Other income | 262 | 1,279 | |
| Bank deposit interest | 5,291 | 128 | |
| Total income | 197,605 | 213,491 | |
| EXPENDITURE: | |||
| Raising funds | 7,500 | 9,304 | |
| Charitable activities |
189,919 | 237,512 | |
| Total expenditure | 197,419 | 246,816 | |
| Net (Expenditure) and net |
|||
| movement in funds |
186 | (33,325) | |
| Total funds brought forward | 1,088,011 | 1,121,336 | |
| Total funds carried forward | E1,088,197 | F1,088,011 |
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| F | |||||
| Fixed assets | |||||
| Computer | equipment | 1,080 | |||
| Investments | 25,000 | 25,000 | |||
| 26,080 | 25,000 | ||||
| Current assets | |||||
| Debtors | 10 | 234,589 | 256,541 | ||
| Cash at Bank | 852,896 | 812,786 | |||
| 1,087,485 | 1,069,327 | ||||
| Liabilities | |||||
| Creditors: Amounts | falling due | ||||
| within one | year | 25,368 | 6,316 | ||
| Net current | assets | 1,062,117 | 1,063,011 | ||
| Net assets | F1,088,197 | F1,088,011 | |||
| The funds ofthe charity | |||||
| Unrestricted | income | funds | F1,088,197 | F1,088,011 |
| Donation | s and Legaci |
es | ||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Donation | —Sociological | Review | Publication | Limited | (Note | 14) | F192,052 | E212,064 |
| 6. | Charitable activities |
2020 | 2019 | |
| F | ||||
| Direct costs | ||||
| SR Fellowships Digital Engagement Fellowship Conference, Symposium and seminar costs Project costs Grants and conference support Website I Digital strategy Prizes |
51,850 24,730 17,453 28,166 1,801 25,431 |
88,589 26,319 57,631 6,722 15,743 |
||
| Merchandising | 1,474 | 1,939 | ||
| Support Costs | 150,905 | 196,943 | ||
| Administrator Legal 8 professional Team meeting and venue Office costs |
hire costs | 32,080 1,012 1,462 211 |
31,817 2,140 2,393 62 |
|
| Insurance | 344 | 390 | ||
| Bank charges | 627 | 531 | ||
| Depreciation | 540 | |||
| Governance: | ||||
| - Audit fee - Trustee travel expenses |
2,400 338 |
2,250 986 |
||
| f189,919 | f237,512 | |||
| All ofthe f189,919(2019:F237,512)expended | in the year relates to unrestricted funds. |
|||
| 7. | Net income for the year | 2020 | 2019 | |
| This is stated after charging: | ||||
| Auditors Fees —Audit services - Non-audit services |
F2,400 FNil |
f2,250 fNil |
||
| 8. | Staffcosts | 2020f | 2019 f |
|
| Wages and salaries Social security costs Pension costs |
45,609 859 |
66,731 5,358 1,287 |
||
| f46,468 | f73,376 |
| 10. | Debtors | 2020 | 2019 | ||
|---|---|---|---|---|---|
| F | E | ||||
| Prepayments | 42,487 | 45,557 | |||
| Charitable | payment | due from subsidiary | 192,102 | 210,984 | |
| F234,589 | F256,541 | ||||
| 11. | Creditors: | Amounts | falling due within one year | 2020 | 2019 |
| F | F. | ||||
| Other creditors | 1,230 | 1,291 | |||
| Accruals | 24,138 | 5,025 | |||
| F25,368 | f6,316 |
| At 31 December 2020 | the cha | rity had agreed to provi |
de sponsorship and fellowshi |
ps as follow |
|---|---|---|---|---|
| 2020 | 2019 | |||
| E | F | |||
| Current commitments |
entered | into by | ||
| the Trustees | ||||
| Research fellowships | F131,014 | F101,426 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| 6 | F | |||
| Turnover | 263,663 | 278,279 | ||
| Interest received Less: Overheads |
813 (73,366) |
2,041 (69,178) |
||
| Net Profit | 191,110 | 211,142 | ||
| Charitable covenant |
payment | 192,052 | 212,084 | |
| (942) | (942) | |||
| Less: Taxation | ||||
| (Loss) I profit for year Retained in Subsidiary |
b/f | (942) 942 |
(942) 1,884 |
|
| Retained in Subsidiary |
clf | ENil | E942 | |
| Net Assets at 31 December 2020 | E25,000 | E25,942 |