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||||Page No.|
|---|---|---|---|
|Trustees'
Report|||1-9|
|Independent|Examiners'|Report|10|
|Statement of|Financial|Activities||
|Balance Sheet|||12|
|Notes to the Financial Statements|||13-23|
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|||||General|Endowment||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Note|Funds|Funds||2022|2021|
|||||f|f||f|f|
|INCOME AND ENDOWMENTS|||||||||
|Incoming resources from generated||funds|||||||
|Donations|||2|6,866|||6,866|4,223|
|Charitable
activities|||3|6,686|||6,686|4,218|
|Investment
Income|||4|947|||947|6,192|
|Otherlncome|||5|3,645|||3,645|28,073|
|Total||||18,144|||18,144|42,706|
|EXPENDITURE ON|||||||||
|Fundraising
expenditure|||7||509||509|1,287|
|Charitable
expenditure|||8|187,614|||187,614|270,601|
|Total||||187,614|509||188,123|271,888|
|Net income/
(expenditure)|for the||||||||
|year before transfers||||(169,470)|(509)||(169,979)|(229,182)|
|Transfer between
funds||||40,632|(40,632)||||
|Net income/
(expenditure)|for the year|||(128,838)|(41,141)||(169,979)|(229,182)|
|Gains ofinvesments||||10.680|~363||0.6ยป8,||
|Net Movement
in funds for|the year|||( 118,152)|(41,577)||( 159,729)|( 151,078)|
|Total funds brought
forward||||447,594|41,578||489,172|640,250|
|Total Funds carried forward|||f|329,443 f||f|329,444 f|489,172|
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|Donations|from individuals|
|---|---|
|and other|institutions|
|General|Resticted|Total|Total|
|---|---|---|---|
|Fund|Fund|2022|2021|
|||E|E|
|6,866||6,866|4 223|
|6,866||6866|4 223|
|General|Resticted|Total|Total|
|Fund|Fund|2022|2021|
|E|E|E|f|
|6,686||6,686|4,218|
|6,686||6,686|4,218|
|General|Resticted|Total|Total|
|Fund|Fund|2022|2021|
|E|6|6|E|
|947||947|6,192|
|947||947|6,192|
|General|Resticted|Total|Total|
|Fund|Fund|2022|2021|
|E|E|6|E|
|3,645||3,645|28,073|
|3,645||3,645|28,073|
|Basis of apportionment||||Support|Governance|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Costs||2022|2021|
|||||E||6|6|
|Human
Resources and|related costs||Time|62,353||62,353|100,763|
|Travel and accomodation||costs|Usage||||227|
|Office expenses|||Usage|1,027||1,027|1,344|
|Subscriptions
and membership|||Usage|8,971||8,971|10,224|
|Advertising
and marketing|||Usage|4,120||4,120|933|
|ITand communication|costs||Usage|3,466||3,466|1,961|
|Independent
examiners'||fee|Usage||5,377|5,377|9,168|
|||||79,937|5,377|85,314|124,620|
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|||||Basis of|Support||Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||apportionment|Costs|Governance|2022|2021|
||||||f|6|6|f|
|Office expenses||||Usage|1,101||1,101|1,550|
|ITand communication||costs||Usage|718||718|486|
|Independent|examiners'|fee||Usage||2,280|2,280|2,700|
|Professional|and consultancy||costs|Usage|7,411||7,411||
||||||9,230|2,280|11,510|4,736|
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|ANALYSIS OF STAFF COSTS|||
|---|---|---|
||Total|Total|
||2022|2021|
||6|f|
|Salaries and wages|56,582|92,625|
|Social security costs|4,409|6,065|
|Pension costs|1,362|2,073|
||62,353|100,763|
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|ANALYSIS O|F|CHARITABLE E|XPENSES (Repo|rting ch|arity -C|anada
UK F|oundation)||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Seed/||||
|||||||Artie|New||||
||||Public|Scholarships||Alive/|initiative|Post-|||
||||Education|and student||Student on|projects|Doctoral/|Total|Total|
||||programmes|awards
E||ice
f|funded
E|Fellowship
E|2022
f|2021
E|
|UK travel awards|||||1,000||||1,000||
|Seedfunding|||||||8,325||8,325|7,370|
|Arctic Alive||||||||||460|
|Fellowship||||||||10,000|10,000||
|Programme|delivery costs||9,908||||||9,908|6,098|
|Post doctoral||awards||||||||8,025|
||||9,908||1,000||8,325|10,000|29,233|21,953|
|Support costs||(note 6)|21,026|20,078||8,530|13,113|22,567|85,314|124,920|
||||30,934|21,078||8,530|21,438|32,567|114,547|146,873|
|All expenditure||on charitable|activities was expended||from|unrestricted|funds.||||
|ANALYSIS OF||CHARITABLE EXPENSES (Linked charity|||-Canada Memorial||Foundation)||||
|Scholarships|and student awards||||||||||
||||||||||Total|Total|
||||||||||2022|2021|
||||||||||E|E|
|Scholarships|Awards||||||||61,558|118,992|
|Support costs||(note 6.1)|||||||11,510|4,736|
||||||||||73,068|123,728|
|TANGIBLE FIXEDASSETS||
|---|---|
|Cost:|E|
|As at 1stAugust 2021|29,694|
|Additions
in the year||
|Disposals
in the year||
|As at 31stJuly 2022|29,694|
|Depreciation:||
|As at 1stAugust 2021|28,234|
|Charge for the year|1,130|
|Disposals for the year||
|As at 31stJuly 2022|29,364|
|Net book value||
|As at 31stJuly 2022|330|
|As at 31stJuly 2021|1,460|
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|||||Total|Total|
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|f|
|Market Value||as at 1stAugust 2021||566,829|577,913|
|Additions||||1,471|11,175|
|Disposals||||(417,977)|(100,363)|
|Net realised|and unrealised||gains for the year|10,250|78,104|
|Market Value||as at 31stJuly|2022|160,573|566,829|
|Investments|at market value||comprise:|E|E|
|Equities||||160,573|552,158|
|Fixed interest||securities|||14,671|
|||||160,573|566,829|
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|DEBTORS-combined|DEBTORS-combined|charities|charities||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2022|2021|
||||||E|E|
|Prepayments|and other debtors||||9,684|14,071|
|Cash held with|custodians|||||4,032|
||||||9,684|18,103|
|CREDITORS - AMOUNTS|||FALLING||||
|DUE WITHIN ONE YEAR|||-combined|charities|||
||||||Total|Total|
||||||2022|2021|
||||||E|f|
|Grants payable|||||84,287|80,683|
|Accruals and other creditors|||||8,556|17,746|
||||||92,843|98,429|
|CREDITORS - AMOUNTS|||FALLING||||
|DUE AFTER ONE YEAR||-combined||charities|||
||||||Total|Total|
||||||2022|2021|
||||||E|E|
|||||||32,400|
|Grants Payable||||||32,400|
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||General|Endowment|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||E|E|E|
|Tangible assets|330||330|
|Investments|160,573||160,573|
|Current assets|271,157||271,157|
|Creditors|(102,617)||(102,617)|
||329,443||329,443|
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||General|Endowment|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||E|E|f|
|Tangible assets|330||330|
|Investments||||
|Current assets|68,605||68,605|
|Creditors|(5,115)||(5,115)|
||63,820||63,820|
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||General|Endowment|Total|
|---|---|---|---|
||Funds|Funds|Funds|
||E|E|f|
|Tangible assets||||
|Investments|160,573||160,573|
|Current assets|202,552||202,552|
|Creditors|.3 3S||(97,503)|
||265,623||265,623|
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|||As at|Incoming|Investment|Outgoing|Inter-Fund|As at|
|---|---|---|---|---|---|---|---|
|||01.08.21|Resources|Gains/(Losses)|Resources|Transfers|31.07.22|
|||E|f|f|f|f|f|
|GENERALFUNDS||105,103|31,960|12|(94,562)|21,307|63,820|
|DESIGNATED FUNDS||||||||
|UK travel awards||||||||
|UK post graduate
travel fund|||||(1,000)|1,000||
|Fellowship||||||||
|Eccles Centre Canadian|Fellowship||||(10,000)|10,000||
|Seed Funding|||||(8,325)|8,325||
|Totalsfor Unrestricted|Funds|105,103|31,960|12|(113,887)|40,632|63,820|
|ENDOWMENT
FUNDS||||||||
|Expendable
endowment||41,578||(437)|(509)|(40,632)||
|Totalfor Endowment|Funds|41,578||(437)|(509)|(40,632)||
|Total Funds||146,681|31,960|(425)|(114,396)||63,820|
|14.1FUNDS - THE CANADA|MEMORIAL|FOUNDATION|ONLY|||||
|||As at|Incoming|Investment|Outgoing|Inter-Fund|As at|
|||01.08.21|Resources|Gains|Resources|Transfers|31.07.22|
|||f|f|f|f|f|f|
|GENERALFUNDS||342,491|18|10,675|(87,562)||265,623|
|Totalsfor Unrestricted|Funds|342,491|18|10,675|(87,562)||265,623|
|RESTRICTED FUNDS||||||||
|Scholarships
Awards||||||||
|TotolforRestricted Funds||||||||
|TotalFunds||342,491|18|10,675|(87,562)||265,623|
|TOTAL COMBINED RESERVES||489,172|31,978 *|10,250|(201,958) *||329,443|
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