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2020-12-31-accounts

Page
Trustees'
report
1-4
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes tothe financial statements 8-11
This page does not form part ofthe financial statements
Detailed shttement
of
financial activities 12

General Scholarship T~I Total
Fund Fund 2020 2019
Notes 8 6 6
INCOME AND ENDOWMENTS
Donations 138,856 26,~ 165,312 50,742
Charitable
activities
62,750 62,750
TOTAL INCOME 201,606 26,456 228,062 50,742
EXPENDITURE
Charitable
activities
51,073 4,565 55,638 1,918
TOTAL EXPENDITURE 51,073 55,638 1,918
TOTAL INCOMEI(EXPENDITURE) 150,533 21,891 172,424 48,824
TRANSFERS BETWEEN FUNDS
NET MOVENIENT
IN FUNDS
150,533 21,891 172,424 48,824
Fund balances brought forward 10 48,824 48,824
Fund balances carried forward 10 199,357 21,891 221,248 48,824

2020 2019
Notes F. 6
CURRENT ASSETS
Cash at bank 223,424
Debtors 8 1,609
225,033 50,984
CREDITORS
Amounts
falling due within one year
Creditors and accruals 9 3,785 2,160
NET CURRENT ASSETS 221,248. 48,824
NET ASSETS 221,248 48,824
FUNDS
Scholarship
funds
—restricted 21,891
Unrestricted
funds
199,357 48,824
TOTAL CHARITY FUNDS 10 221,248 48,824

3 INCOME 2020 2020 2019 2019
8
Donations
Funds introduced from Canadian Charter 157,079 50,742
Carol Briggs-Smalley Scholarship 8,233
165,312 50,742
Charitable activities
Membership subscriptions 56,421
Royalties 6,329
62,750
50,742
Direct Support
4 CHARITABLE. ACTIVITIES costs costs Total
8 6
Education 21,116
Governance
55,638
5 SUPPORT COSTS Management Finance Total
E 8
Education 26,129 3,776 4,617
2020 2019
8 6
Independent examiner's fees 2,374 2,160
2,374 2,160

8 Debtors 2020 2019
Membership fees receivable 1,609
1,609

9 CREDITORS - AMOUNTS FALLING 2020 2019
DUE WITHIN ONE YEAR 6 E
Accruals and deferred
income
3,785 2,160
3,785
10 MOVEMENT IN FUNDS Unrestricted
General Scholamhip Total
8 E 6
As at 1 September 2019 48,824 48,824
Incoming resources 201,606 26,456 228,062
Resources expended (51,073) (4,565) (55,638)
Surplus/(deficit)
for year
150,533 21,891 172,424
Transfer
As at 31December 2020 199,357 21,891 221,248
Analysis ofnet assets by funds:
Debtom 1,609 1,609
Cash at bank 201,533 21,891 223,424
Creditors and accruals (3,785) - (3,785)
As at 31December 2020 199,357 21,891 221,248

2019
E
INCOME AND ENDOWMENTS
Funds introduced
from Canadian
Charier 157,079 50,742
Carol Briggs-Smalley Scholarslip 8,233
Membership
subscdptions
56,421
Royalftes 6,329
Total incoming
resources
228,062 50,742
EXPENDITURE
Direct costs
Scholarship expenses 4,565
General Assembly
meebng expenses - travel
5,701
Joint Commtdee
for Traceability
in Laboratory Medicine meedng expenses 1,120
Projects - Haemostasis 9,730
21,116
Management
costs
Grdce expenses
Internet and vrebsite 6,156
Administration
fees
18,959
Subscripfions 928
26,129
Finance costs
Bank charges 970 16
Currency ditremnce 3,647 (258)
4,617 (242)
Governance
costs
Consuaing 1,402
independent
examiner's fees
2,374 2,160
3,776 2,160
Total resources expended 55,638 1,918
NET SURPLUS 172,424 48,824