2021-12-31-accounts

			Page
Trustee's	annual report
Statement	of financial	activities
Statement	of financial	position
Notes to the financial statements

		Year ended	31 Decemb	er 2021
				2021		2020
				Unrestricted
				funds Total	funds	Total funds
			Note	2	2	2
Income from	charitable	activities
Subscdiptions	receivable		4	680	680	1,500
Total income				680	680	1,500
Expenditure
Expenditure on charitable		activities	5,6	1,386	1,386	(2,366)
Total expenditure				1,386	1,386	(2,366)
Net income/(expenditure)		and net movement	in funds	2,066	2,066	(866)
Reconciliation	offunds
Total funds brought forward				383	383	1,249
Total funds carried forward				2,449	2,449	383

			I	nstitute of	nstitute of	Patentees & Inventors	Patentees & Inventors	Patentees & Inventors
				Statement		of Financial Position
					31 December 2021
								2021		2020
							Note
Fixed assets
Tangible fixed assets									200	200
Current assets
Cash at bank	and	in	hand					3,797		1,731
Creditors: amounts			falling	due within	one year		10	(1,548)		(1,548)
Net current assets									2,249	183
Total assets	less	current		liabilities					2,449	383
Net assets									2,449	383
Funds ofthe charity
Unrestricted	funds								2,449	383
Total charity	funds						11,12		2,449	383

			Unrestdcted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			2	E		2
Net expenses	of 'The Future'	magazine			1,361	1,361
Support costs Refund of bank charges and		interest	40 (1,426)	40 (1,426)	1,005	1,005
			(1,386)	(1,386)	2,366	2,366
Expenditure	on charitable	activities by activity type
			Activities
			undertaken		Total funds	Total fund
			directly Support costs		2021	2020
				2	2	2
Net expenses	of 'The Future'	magazine				1,361
Administrative	expenses		40		40
Governance costs						1,005
Refund of bank charges and		interest	(1,426)		(1,426)
			(1,386)		(1,386)	2,366

Analysis of	support costs
		Analysis	of
		support costs 2		Total 2021 f	Total 2020 2
Governance	costs				1,005
					1,005

There was no trustees' remuneration or other ben the year ended 31 December 2020. Tangible fixed assets	efits for the year end	ed 31 Decembe	r 2021 nor
	Fixtures and	Lone Wolf
	fittings	Trophy	Total
		2	2
Cost
At 1 January 2021 and 31 December 2021	12,811	200	13,011
Depreciation
At 1 January 2021 and 31 December 2021	12,811		12,811
Carrying amount
At 31 December 2021		200	200
At 31 December 2020		200	200

Creditor	s: a	mounts f	alling due within one year
				2021	2020
				2
Accruals	and	deferred	income		1,548
Amount	due	to atrustee		1,548
				1,548	1,548

						At
		At			31	December
		I January 2021	Income	Expenditure		2021
						2
General	funds	383	680	1,386		2,449
						At
		At			31	December
		I January 2020	Income	Expenditure		2020
		2				2
General	funds	1,249	1,500	(2,366)		383
Analysis	of net assets between funds
				Unrestricted	Total Funds
				Funds		2021
Tangible	fixed assets			200		200
Current	assets			2,249		2,249
Net assets				2,449		2,449
				Unrestricted	Total Funds
				Funds		2020
						2
Tangible	fixed assets			200		200
Current	assets			183		183
Net assets				383		383