| CONTENTS | |
|---|---|
| Pages | |
| REPORT OF THE TRUSTEES | 1-9 |
| INDEPENDENT AUDITOR'S REPORT | 10- 13 |
| STATEMENT OF FINANCIAL ACTIVITIES | 14 |
| BALANCE SHEET | 15 |
| NOTES TO THE ACCOUNTS | 16-20 |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| INCOIIE' | |||
| Donations and legacies Other income Bank deposit interest |
185,131 1,017 26 |
192,052 262 5,291 |
|
| Total income | 186,174 | 197,605 | |
| EXPENDITURE: | |||
| Raising funds Charitable activities |
244,043 | 7,500 189,919 |
|
| Total expenditure | 244,043 | 197,419 | |
| Net (Expenditure) and net |
|||
| movement in funds |
(57,869) | 186 | |
| Total funds brought forward | 1,088,197 | 1,088,011 | |
| Total funds carried forward | 81,030,328 | E1,088,197 |
| Notes | 2021 | 2020 | ||
|---|---|---|---|---|
| Fixed assets | E | E | ||
| Computer equipment Investments |
9 10 |
1,792 25,000 |
1,080 25,000 |
|
| 26,792 | 26,080 | |||
| Current assets | ||||
| Debtors Cash at Bank |
237,690 775,396 |
234,589 852,896 |
||
| Liabilities | 1,013,086 | 1,087,485 | ||
| Creditors: Amounts | falling due | |||
| within one year | 12 | 9,550 | 25,368 | |
| Net current assets | 1,003,536 | 1,062,117 | ||
| Net assets | F1,030,328 | E1,088,197 | ||
| The funds ofthe charity | ||||
| Unrestricted income |
funds | j1,030,328 | F1,088,197 |
| 3. | Gains Tax or Corporation Tax on its cha Donations and Legacies |
ritable |
activities. | , | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Donation —Sociological Review Publication Limited (Note 15) |
E185,131 | F192,052 | ||||
| All ofthe 8185,131(2020:F192,052) recognised | in the year related to unrestricted | funds. | ||||
| 4. | Other Income | |||||
| Merchandise sales |
F1,017 | F262 | ||||
| All ofthe f1,017(2020:2262) recognised | in the | year related to unrestricted | funds. | |||
| 5. | Cost ofraising Funds | |||||
| Fundraising consultancy |
FNil | F7,500 | ||||
| All ofthe FNil (2020:F7,500 ) expended | in the year related to unrestricted | funds. |
| 6 | Chitbl iii |
||||
|---|---|---|---|---|---|
| . | arae actvtes |
2021 | 2020 | ||
| Direct costs | F | F | |||
| SRFellowships Digital Engagement Fellowship Conference, Symposium and seminar costs Project costs Grants and conference support Website, Digital strategy 8 Communication Prizes |
80,216 16,242 42,384 (411) 81,340 |
51,850 24,730 17,453 28,166 1,801 25,431 |
|||
| Merchandising | 1,339 | 1,474 | |||
| Support Costs | 221,110 | 150,905 | |||
| Administrator Legal 8 professional Team meeting and venue Office costs |
hire costs | 17,123 392 776 |
32,080 1,012 1,462 211 |
||
| Insurance | 461 | 344 | |||
| Bank charges | 555 | 627 | |||
| Depreciation Governance: |
1,166 | 540 | |||
| - Audit fee - Trustee travel expenses |
2,460 | 2,400 338 |
|||
| f244,043 | F189,919 | ||||
| All ofthe 2244,043 (2020:F189,919)expended | in the year relates to unrestricted funds. |
||||
| 7. | Net income for the year | 2021 | 2020 | ||
| This is stated after charging: | |||||
| Auditors Fees -Audit services - Non-audit services |
E2,460 ENil |
F2,400 FNil |
|||
| 8. | Staffcosts | 2021 | 2020 | ||
| F | |||||
| Wages and salaries Social security costs |
91,841 2,842 |
45,609 | |||
| Pension costs | 2,048 | 859 | |||
| E96,731 | F46,468 |
| Computer | and Office Equipment | |
|---|---|---|
| Cost | ||
| Balance at 1 January 2021 Additions |
1,620 1,878 |
|
| Balance at 31 December 2021 | 3,498 | |
| Depreciation | ||
| Balance at 1 January 2021 | 540 | |
| Change for year | 1,166 | |
| Balance at 31 December 2021 | 1,706 | |
| Net Book Value | ||
| As at 31 December 2021 | F1,792 | |
| As at 31 December 2020 | F1,080 |
| 11. | Debtors | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| E | |||||||
| Prepayments Charitable payment |
due | from | subsidiary | 52,424 185,266 |
42,487 192,102 |
||
| F237,690 | E234,589 |
| 12. | Creditors: Amounts | falling due within one year | 2021 | 2020 |
|---|---|---|---|---|
| F | ||||
| Other creditors Accruals |
1,137 8,413 |
1,230 24,138 |
||
| R9,550 | 625,368 |
| At 31 December 2021 | the cha | rity had agreed to provi | de sponsorship and fellowshi |
ps as follow |
|---|---|---|---|---|
| 2021 | 2020 | |||
| F | ||||
| Current commitments | entered | into by | ||
| the Trustees | ||||
| Research fellowships | F105,872 | 6131,014 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| F | ||||
| 255,414 | 263,663 | |||
| Interest received | 300 | 813 | ||
| Less: Overheads | (70,583) | (73,366) | ||
| Net Profit | 185,131 | 191,110 | ||
| Charitable covenant |
payment | 185,131 | 192,052 | |
| (942) | ||||
| Less: Taxation | ||||
| (Loss) / profit for year | (942) | |||
| Retained in Subsidiary |
b/f | 942 | ||
| Retained in Subsidiary |
c/f | ENII | ENil | |
| Net Assets at 31 December 2021 | F25,000 | 825,000 |