2021-06-30-accounts

		UnrestrictedEndowment Total Unrestricted Endowment	UnrestrictedEndowment Total Unrestricted Endowment	UnrestrictedEndowment Total Unrestricted Endowment	UnrestrictedEndowment Total Unrestricted Endowment	Total
		funds	funds	funds	funds
	2021 Notes €		2021 € 2021 €	2020 €	2020 I	2020 €
lncome from:
Charitable activities lnvestments	2	118	243,034 249,152	1,918	248,250	250'168
Expenditureon: Raisingfunds	4		33,60633,606	479	32,498	32,977
Charitable activities	3	262,795	262,795	119,779		119,779
Totalresources expended		262,795	33,606 296,401	120,258	32,498	152'756
Net gains/(losses)on investments		851,335	134,033 985,368	(2O1,277)	83'869	(117'408)
Grosstransfersbetween funds Netmovementinfunds		588,658	343,461932,119	319,617	(319,617) (1e,ee6)	(1e,ee6)
Fundbalances at1JulY 2020		134,8617,988,8708,123,731		134,8618,008,866		8'143,727
Fundbalancesat30 June2O21		8,332,3319,055,850 723,519		134,8617,988,870		8'123'731

		2021		2020
	Notes	Ê	€	Ê	Ê
Fixed assets lnvestments	9		8,824,079		7,875,217
Current assets
Debtors Cash atbankand inhand	10	97,500 313,578		372,614
		411,O78		372,614
Creditors: amountsfallingduewithin oneyear	11	(2e,307)		(2e,842)
Netcurrentassets			381,771		342,772
Totalassets lesscurrent liabilities			9,205,850		8,217,989
Provisionsforliabilities			(150,000)		(e4,258)
Netassets			9,055,850		8,123,731
Capitalfunds
Endowmentfunds Generalendowmentfunds		8,332,331		7,988,870
		8,332,331		7,988,870
Permanentendowment Expendableendowment		8,332,331		7,988,870
	13		8,332,331		7,988,870
lncomefunds Unrestrictedfunds			723,519		134,861
			9,055,850		8,123,731

		UnrestrictedEndowment	UnrestrictedEndowment	Total	Unrestricted	Unrestricted	Endowment	Total
		funds	funds			funds	funds
		general				general
		2021 [€	2021	202',1 s		2020 I	2020 Ê	2020 Ê
lncome	frominvestments		243,O34	243,034		972	248,250	249,222
lnterest	receivable	118		118		946		946
		118	243,034	243,152		1,918	248,250	250,168

	2021	2020
	Ê	Ê
Staff costs	10,000	10,000
Computerandsoftwarecosts Auditor's remuneration	11,O12	108 10,000
Legal andprofessional Bank charges Websitecosts	8; 5,018	1,200 71
	26,111	21,379
Grantfundingof activities(see note5)	236,684	98,400
	262,795	119,779

Raisingfunds
	EndowmentUnrestrictedEndowment			Total
	funds	funds	funds
		general
	2021 €fÊ	2020	2020	2020 Ê
lnvestmentmanagement	33,606	479	32,498	32,977
	33,606	479	32,498	32,977
	:	:
GrantspaYable			2021	2020
			f	Ê
City University London New York UniversitY			154,000 684	50,000
Granttoindividuals			82,000	48,400
			236,684	98,400

Support costs
	SupportGovernance costs costs €Ê		2021SupportcostsGovernance costs t I I			2020 I
Staff costs	10,000		10,000	10,000		10,000
Computersofiwareand maintenance costs				108		108
Bank charges	81		81	71		71
lnvestment management cost	33,606		33,606	32,977		32,977
Website costs	5,018		5,018
Audit fees Legal andprofessional		11,O12	11,012		10,000 1,200	10,000 1,200
	48,705	11,O12	59,717	43,156	1"1,200	54'356
Analysed between	48,705 :	11,O12	59,717	43,156	11,200	54'356

Theaveragemonthlynumber of employees during th	e year was:
	2021	2020
	Number	Number
Administrative	1
Employment costs	2021 â	2020 Ê
Wages and salaries	10,000	10,000

9	Fixed assetinvestments		(Continued)	(Continued)
		Listed	Unlisted	Total
		inveètmentsI	investments Ê	I
	Cost orvaluation At1July 2020 Additions Valuation changes Disposals	5,515,460 1,485J64 506,318 (1,452,480)	2,359,757 479,O49 (6e,189)	7,875,217 1,485,164 985,367 (1,521,66e)
	At 30 June2021	6,054,4622]69,617		8,824'079
	Carrying amount At30 June2021	6,054,4622,769,617		8,824,079
	At 30 June 2020	5,515,4602,359,757		7,875,217
			2021	2020
			Ê	Ê
	lnvestmentsatfairvalue comprise: Equity shares Fixed interestbonds CashwithininvestmentPortfolio GovernmentBonds		7,169,990 1,034,234 28,872 590,983	6,009,250 1,645,602 220,363
			8,824,O797,875,215

	indePendent. a) Fixed interestbonds usingthe officialBid&Askpricetocalc b)Unlistedshares"r"*iü"àbyindependentu"luut byco comparatorcompaniesãîo-¡r"'"orpäny'sfinancial positio	ulate the.mid-price' mparingthe stockmarket performa n'or fromsourceswhicharebelie	nceofthe vedtobe
l0	Debtors Amountsfallingduewithinone yearl	2021f	2020 €
	Other debtors	97,500

11	Creditors: amountsfallingduewithinoneyear	2021	2020
		€	€
	Othertaxationandsocial security	1,015	1,015
	Other creditors Accruals and deferredincome	10,000 18,292	11,485 17,342
		29,307	29,842
	Provisionsfor liabilities	2021 €	2020 Ê
	City university London NewYorkuniversitY	150,000	50,000 44,258
		150,000	94,258
	Movements on Provisions:		CityuniversitY
			London
			€
	At1July2O20and 30June2021		150,000

oftheCharity	andis included as u	nrestricted income. Any capital gains or	losses arising o	n the assetsformpartofthe	fund.
		Movement infunds			Movement infunds
	Balanceat IJuly2019 g	lncoming ResourcesTransfers resourcesexPended E I Ê	Revaluations gainsand losses Ê	Balanceat 1July2020 € lncoming fesources Ê	ResourcesTransfers expended EfE		Revaluations gainsand losses	Balanceat 30June2021 I
Expendable	endowments
Endowment funds	8,008,866 8,008,866	248,250_glnt) j,tf,t) 83,86e 248,250(32,49s)(319,617)83,869		7,e88,870243,034_!1u*) 7,988,870243,034(33,606)		-	134,0338'332'331

These are unrestrictedfund	s which are material to	the Charit	y's activities made up as follows
			Movement infunds		Movement infunds
	Ê Balanceat 1July2019	lncoming resoufces I	ResourcesTransfersRevaluations' expended s I gainsand losses Ê	Balaneeat IJuly2020 Ê	lncomingResourcesRevaluations,Balanceat resourceõexpendedgainsand30June2021 losses Ê[EÊ
Unrestricted funds	134,861	1,918	(12O,258) 319,617(2O1,277)134,861		118(262,795)	851,33s723,519
	134,86'1	1,918	(120,258)31e,617 (2O1,277)	134,861	(262,795) 118	851,335 723,519