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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
||||||2020|2019|
|||||Notes|||
|INCOME AND ENDOWMENTS|||||||
|FROM|||||||
|Investment<br>income|||||334|2,078|
|Charitable<br>activities||||||3,199,197|
|Total|||||334|3,201,275|
|EXPENDITURE ON|||||||
|Raising funds|||||||
|Charitable<br>activities||||4,5|4,203|3,067,869|
|Total|||||4,203|3,067,869|
|Net incoming/(outgoing)|||resources||(3,869)|133,406|
|before investment||gain/(losses)|||||
|Net gains/(losses)|on investments||||574|3,722|
|Transfers<br>between||funds|||||
|Net movements<br>in||funds|||(4,443)|137,128|
|RECONCILIATION||OF FUNDS|||||
|Total funds brought||forward|||264,043|126,915|
|TOTAL FUNDS CARRIED|||||259,600|264,043|
|FORWARD|||||||





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||||2020||2019||
|---|---|---|---|---|---|---|
|||Notes|||||
|FIXEDASSETS|||||||
|Investments||||741||41,396|
|CURRENT ASSETS|||||||
|Debtors||10|100||268,484||
|Bank|||261,308||193,754||
||||261,408||462,238||
|CREDITORS|||||||
|Amounts<br>falling due within one||11|(2,549)||(239,591)||
|year|||||||
||||(2,549)||(239,591)||
|NET CURRENT|ASSETS|||258,859||222,647|
|TOTAL ASSETS LESS||||259,600||264,043|
|CURRENT LIABILITIES|||||||
|NET ASSETS||||259,600||264,043|
|FUNDS|||||||
|Unrestricted<br>funds|||||||
|General funds||||259,600||264,043|
|Designated|funds||||||
|||||259,600||264,043|





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|2.INVESTMENT|2.INVESTMENT|INCOME|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Dividends|||||36|1,037|
|Interest|||||298|1,041|
||||||334|2,078|
|3.CHARITABLE||ACTIVITIES|||||
||||||2020|2019|
||||||F||
|Congress|income|||||3,199,197|
|4.CHARITABLE||ACTIVITIES|||||
||||Direct||Support costs|Total|
||||costs|||2020|
|Congress|Expenditure|||499|2,733|3,232|
|Other charitable||activities||150|821|971|
|||||649|3,554|4,203|
|COMPARA TIVES2019|||Direct||Support costs|Total|
||||costs|||2019|
|Congress|Expenditure||3,059,159||3,624|3,062,783|
|Other charitable||activities|5,080||6|5,086|
||||3,064,239||3,630|3,067,869|
|Support Costs have been allocated|||based on the Direct Costs.||||
|5.OTHER CHARITABLE ACTIVITIES|||||||
||||||2020|2019|
|Contribution|towards attendance||at Congress|||4,500|
|IFA International||Tax Prize|||150|580|
||||||150|5,080|





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|.SUPPORT COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
|||||2020|||2019||
|||||E|||||
|Independent<br>Examiner/Auditors'|||remuneration||1,800||3,500||
|Bank charges<br>Accountant<br>fee|||||74<br>1,680|||80<br>50|
||||||3,554||3,630||
|overnance<br>costs included||in Support Costs amounts||tof1,800 (2019:E3,500).|||||
|.TRUSTEES' REMUNERATION|||AND BENEFITS||||||
|here were no trustees'|remuneration<br>or other benefits|||for the year ended 31 December|||2020 nor for||
|he year ended 31 December 2019.|||||||||
|here were no trustees'|expenses||paid for the year ended 31 December 2020 nor|||for the year ended|||
|1 December 2019.|||||||||
|.STAFF COSTS|||||||||
|here were no staff costs||for the|year ended 31 December 2020 nor for the year||ended||31 December||
|019.|||||||||
|.INVESTMENTS|||||||||
|||||2020|||2019||
|||||F|||E||
|LISTED INVESTMENTS|||||||||
|Market value brought|forward at||1 January|41,396|||108,807||
|Disposals||||(40,081)|||(71,133)||
|Realised gains/(losses)||||||(418)|4,206||
|Unrealised<br>gains/(losses)||||||(156)|(484)||
|Market value carried forward at|||31 December|||741|41,396||
|Investments<br>at market|value comprised:||||||||
|UK bonds|||||||40,499||
|UK equities||||||741||897|
|||||||741|41,396||



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|10.DEBTORS|||||
|---|---|---|---|---|
|||2020||2019|
|HMRC VAT recoverable|||100|258,722|
|Other debtors||||9,559|
|Accrued income||||203|
||||100|268,484|
|1.CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||2020||2019|
|||E'||f|
|MCI UK —Congress organiser||||185,961|
|IFA UK Branch||||50,000|
|Accruals||2,549||3,500|
|Other creditors||||130|
|||2,549||239,591|



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|2.ANA|LYSIS OF NET ASSETS BET|WEEN FUNDS|||
|---|---|---|---|---|
|||General fund|Designated|Total|
||||fund|2020|
|Investments||741||741|
|Current|assets|261,408||261,408|
|Current|liabilities|2,549||2,549|
|||259,600||259,600|
|COMPARA TlVES2019||General fund|Designated|Total|
||||fund|2019|
|Investments||41,396||41,396|
|Current|assets|462,238||462,238|
|Current|liabilities|239,591||239,591|
|||264,043||264,043|





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||||||||Net||
|---|---|---|---|---|---|---|---|---|
||||||At|1.1.20|movements|At 31.12.20|
||||||||in funds||
||||||||E||
|General||fund||||264,043|(4,443)|259,600|
|Designated|||fund||||||
|Total|Unrestricted|||fund||264,043|4,443|259,600|
|CON|PARA||TIVES|2019|||Net||
||||||At|1.1.19|movements|At 31.12.19|
||||||||in funds||
||||||||E||
|General||fund||||28,321|235,722|264,043|
|Designated|||fund|||98,594|(98,594)||
|Total|Unrestricted|||fund||126,915|137,128|264,043|



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