| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| Note | |||||
| Income and endowments | from: | ||||
| Donations and legacies |
81,204 | ||||
| Investment income |
131,980 | 131,832 | |||
| Total income | 213,184 | 131,832 | |||
| Expenditure on: |
|||||
| Raising funds (investment | management | fees) | (43,540) | (42,826) | |
| Charitable activities |
(225,803) | (163,532) | |||
| Total expenditure | (269,343) | (206,358) | |||
| Net expenditure before |
gains/(losses) | ||||
| on investments | (56,159) | (74,526) | |||
| Net gains/{losses) on investments | 620,253 | {147,557) | |||
| Net movement in funds |
564,094 | (222,083) | |||
| Reconciliation offunds: | |||||
| Total funds brought forward |
5,385,272 | 5,607,355 | |||
| Total funds carried forward | K5,949,366 | E5,385,272 |
| 3 | Investment income |
2021 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Dividends | 118,857 | 119,768 | ||||||||
| Interest &om investments | 13,123 | 11,516 | ||||||||
| Interest on cash deposits | 548 | |||||||||
| f131,980 | F131,832 | |||||||||
| 4 | Expenditure on charitable |
activities | 2021 | 2020 | ||||||
| g | ||||||||||
| Grants awarded (see note | 5) | 219,591 | 153,000 | |||||||
| Governance costs (see note |
6) | 6/12 | 10,532 | |||||||
| f225,803 | f163,532 | |||||||||
| 5 | Analysis ofgrants | |||||||||
| The charity undertook |
no | direct charitable | activities | but awarded | grants | to a number | of institutions in |
|||
| furtherance ofits charitable | activities. | |||||||||
| Grants awarded during |
the | year." | 2021 | 2020 | ||||||
| Health 8'cDisability |
69,322 | 44,000 | ||||||||
| General | 57,269 | 33,000 | ||||||||
| Prevention Or ReliefofPoverty |
50„000 | 33,00Q | ||||||||
| Education | 23,000 | 25,000 | ||||||||
| Animal Welfare | 20,QQQ | 18,000 | ||||||||
| 8219,591 | f,153,000 |
| ernance t |
|||
|---|---|---|---|
| v coss |
2020 | ||
| Management and administration |
|||
| Accountancy fees |
4,890 | 9,468 | |
| Independent examiner's Bank charges |
fees | 1,080 242 |
1,020 44 |
| f6PI2 | f10,532 |
| xe asset investments | 2021 | 2020 | ||
|---|---|---|---|---|
| Opening market value | 5,258,626 | 5,075,984 | ||
| Additions at cost |
2,879,907 | 1,642,938 | ||
| Disposal proceeds | (2,991,138) | (1,312,739) | ||
| Realised (loss)/gain on |
disposal ofinvestments | (5,075) | (41,831) | |
| Unrealised gain / (loss) |
on revaluation ofinvestments | 625,328 | (105,726) | |
| Closing market value | X5,767,648 | K5,258,626 | ||
| 9 | Analysis ofcurrent assets | 2021 | 2020 | |
| Cash and cash equivalents | g | |||
| Close Brothers Asset | Management | |||
| -Capital account | 105,535 | 74,898 | ||
| Metro Bank | ||||
| -Cunt account | 93,110 | 67,437 | ||
| Total | f198,645 | f142,335 | ||
| 10 | Analysis ofIabilities | 2021 | 2020 | |
| Creditors falHng due within one year |
||||
| Investment management |
fees | 11,437 | 10,469 | |
| Accountancy fees |
4,410 | 4,200 | ||
| Independent examiner's |
fees | 1,080 | 1,020 | |
| Total liabQities | f16,927 | f15,689 |