| Per | 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| INCOME | |||||||
| Donation from the |
Pilmuir Estate | 3,895,807 | |||||
| Income from investments | 32,419 | ||||||
| Other | ~]566 | ||||||
| TOTAL | |||||||
| EXPENDITURE | |||||||
| Charitable Expenditure |
|||||||
| Administration | |||||||
| Accountancy Fees |
600 | ||||||
| Bank Charges | 92 | ||||||
| Stationery | 174 | ||||||
| Travelling etc Expenses |
486 | ||||||
| Sundries | 30 | ||||||
| Formation costs |
20l9 | ||||||
| TOTAL | I | 82 | 2 019 | ||||
| Net Income | 32,603 | 3,893,788 | |||||
| Net Gains/(Losses) on Investment |
Assets - Unrealised | ]83,789 | (115,006) | ||||
| Net Loss | 707 | ||||||
| NET MOVEMENT IN FUNDS | 215,685 | 3,778,782 | |||||
| Balances brought | forward | as at 1st | April 2020 | 3778 | 782 | ||
| Balances carried forward | as at 31st | March 2021 | 3,278 782 |
| Investment Income |
202] | 2020 | ||||
|---|---|---|---|---|---|---|
| Units | ||||||
| 31,674 / 87,609 | COIF Income Units | 18+71 | Nil | |||
| 15,291 / 86,078 | M&G Charifund | 14,007 | Nil | |||
| National Grid Rent Charge |
41 | Nil | ||||
| Nil | ||||||
| Investments | 2021 | 2020 | ||||
| Market | Market | |||||
| Value | Value | |||||
| 31,674 / 87,609 | COIF Income Units | 1,557,795 | 473,428 | |||
| 15,291 / 86,008 | M&G Charifund | 1,267,420 | 182,797 | |||
| 363 | COIF Accumulation | Units | 75 114 | 60315 ~10 |
||
| 6a. | Movement in Fixed |
Asset | Investment | 2021 | 2020 | |
| K | ||||||
| Fair value on transfer from CIO Market value at I"April 2020 |
716,540 | 831,546 | ||||
| Additions during the |
year | 29000,000 | ||||
| Surplus (Deficit) on | revaluation | 183789 | ~115006 | |||
| Market value at 31"March | 2021 | 7~140 | ||||
| 6b. | Movement in Investment |
Property | 2021 | 2020 | ||
| Market value at 1"April 2001 | 2,988,000 | ~8+QQQ | ||||
| Sold | (3,000,000) | |||||
| Legal Fees | 12707 | |||||
| Loss on Sale |
| 2021 | 2020 | ||
|---|---|---|---|
| Current Assets —Bank |
88,282 | ||
| Current Liabilities —Creditors |
(14,039) | ||
| Investments | at Fair Value | 831,546 | |
| Property &Land —Fair Value | 2,988,000 | ||
| Formation | Costs | 2018 | |
| 389~97 | |||
| Support Costs | 2021 | 2020 | |
| Professional | Fees | 600 | |
| Bank Charges | 92 | ||
| Stationery | 174 | ||
| Travelling | Expenses | 486 | 486 |
| Formation | Costs | 2,018 | |
| Sundries | 30 |