| Unrestricted | Unrestricted | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | Funds | Funds | ||||||
| 2021 | 2020 | |||||||
| Income from: | ||||||||
| Donations | ||||||||
| Investments | 12,241 | 10,241 | ||||||
| Total | 12,241 | 10,241 | ||||||
| Expenditure | on: | |||||||
| Raising funds | —investment | management | fees | 3,469 | 3,309 | |||
| Charitable | activities | 8,399 | 1,715 | |||||
| Total | 11,868 | 5,024 | ||||||
| Net income | before | gains on | investments | 373 | 5,217 | |||
| Gain on investment | assets | 50,853 | 21,451 | |||||
| Net income | 51,226 | 26,668 | ||||||
| Reconciliation | offunds | |||||||
| Total funds brought | forward | 427,716 | 401,048 | |||||
| Total funds | carried | forward | F478,942 | f427,716 |
| FO | R THE PERIOD ENDED lcontd. |
31 DECEMBER 2021 .. |
||||
|---|---|---|---|---|---|---|
| 2. | DONATIONS | |||||
| Unrestricted | Unrestricted | |||||
| Funds | Funds | |||||
| 2021 | 2020 | |||||
| Donations | ENil | fNil | ||||
| 3. | INVESTMENT INCOME | |||||
| Unrestricted | Unrestricted | |||||
| Funds | Funds | |||||
| 2021 | 2020 | |||||
| Bank interest Management |
and dividends fees deducted |
from Unit Trust | 8,772 3,469 |
6,932 3,309 |
||
| f12,241 | 210,241 | |||||
| 4. | CHARITABLE ACTIVITIES | |||||
| Unrestricted | Unrestricted | |||||
| 2021 | 2020 | |||||
| Donations | & | grants paid | 7,084 | |||
| Newsletter | & | books | 25 | |||
| Office costs | 35 | |||||
| Governance | (Note 5) | 1,290 | 1,680 | |||
| E8,399 | F1,715 |
| 2021 | 2020 | ||
|---|---|---|---|
| Legal fees | 330 | 720 | |
| Independent | examination | 960 | 960 |
| F1,290 | F1,680 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unit Trusts Investment |
loan | 423,859 | 383,298 41,976 |
|||
| F423,859 | 2425,274 | |||||
| Historical cost | f320,838 | F368,356 | ||||
| The movement | in the market value during | the year | was: | |||
| 2021 | Unit Trust | Investment | Total | |||
| Loan | ||||||
| Brought forward at 1 January 2021 Disposals at valuation Acquisitions at cost Unrealised gain |
383,298 (50,058) 44,516 46,103 |
41,976 (41,976) |
425,274 (92,034) 44,516 46,103 |
|||
| Market value at | 31 | December 2021 | F423,859 | ENil | F423,859 |
| Co | mparative information |
for | the movement in the market |
value in the p |
revious accounting | year isas fo |
|---|---|---|---|---|---|---|
| 2020 | Unit Trust | Investment | Total | |||
| Loan | ||||||
| Brought forward at | 1 January 2020 | 351,847 | 41,976 | 393,823 | ||
| Acquisitions at cost Unrealised gain |
10,000 21,451 |
10,000 21,451 |
||||
| Market value at 31 | December 2020 | 2383,298 | f41,976 | F425,274 | ||
| 7. | CREDITORS: amounts | falling due within one year | ||||
| 2021 | 2020 | |||||
| Accruals | F6,920 | 6960 |