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|---|---|---|
|Charity Reference and Administrative|Details|1-2|
|Council Members'
Annual
Report|||
|Independent
Examiner's
Report|||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Statement ofCash Flows|||
|Notes to the Financial Statements||9-19|
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|||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
||||||Period|
||||||ended 31|
||||||December|
|||2020|2020|2020|2019|
||Note|f.||||
|INCOME FROM:||||||
|Grants from Friends ofthe British Library||105,000||105,000|632,488|
|Grant from the British Library|||||50,000|
|Legacies||1,000||1,000||
|Investments||14,455||14,455|11,909|
|TOTAL INCOME||120,455-||120,455|694,397|
|EXPENDITURE ON:||||||
|Charitable
activities||66,&38||66,838|88,046|
|TOTAL EXPENDITURE||66,838||66,838|88,046|
|NET INCOME I(EXPENDITURE) BEFORE||||||
|INVESTMENT GAINS/(LOSSES)||53,617||53,617|606,351|
|Net gains on investments|10|(26,621)|(32,543)|(59,164)|5,794|
|NET MOVEMENT
IN FUNDS||26,996|32,543|5,547|612,145|
|RECONCILIATION
OF FUNDS:||||||
|Total funds brought
forward||409,543|202,602|612,145||
|Net movement
in funds||26,996|(32,543)|(5,547)|612,145|
|TOTAL FUNDS CARRIED FORWARD||436,539|170,059|606,598|612,145|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Note|E||E||
|FIXEDASSETS||||||||
|Investments|||10||384,118||443,282|
|CURRENT ASSETS||||||||
|Cash at bank and|in hand||15|244,417||261,815||
|||||244,417||261,815||
|CREDITORS: amounts||falling due within||||||
|one year||||21 937||92952||
|NET CURRENT ASSETS|||||222,4&0||168,863|
|NET ASSETS|||||606,598||612,145|
|CHARITY FUNDS||||||||
|Endowment
funds|||12||170,059||202,602|
|Unrestricted
funds|||12||436,539||409,543|
|TOTAL FUNDS|||||606,598||612,145|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Note|||f.|
|Cash flows from operating|activities|||||||
|Net cash used
in operating|activities||||(|'
)|249,906|
|Cash flows from investing|activities|||||||
|Investment
income||||||14,455|11,909|
|Net cash from investing
activities||||||14,455|11,909|
|Change
in cash and cash|equivalents|in|the year||(17,398)||261,815|
|Cash and cash equivalents|at the beginning||ofthe year||261,815|||
|Cash and cash equivalents|at the end|of|the year|15|244.417|||
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||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|
||funds|funds|funds|funds|funds|funds|
|||||Period|Period|Period|
|||||ended 31|ended 31|ended 31|
|||||December|December|December|
||2020|2020|2020|2019|2019|2019|
|Cash|105,000||105,000|211,000||211,000|
|Investments||||237,683|199,850|437,488|
|Liabilities||||(16,000)||(16,000)|
|Total|105,000||105,000|432,638|199,850|632,488|
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|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds|funds|funds|funds|funds|
||||||Period|Period|Period|
||||||ended 31|ended 31|ended 31|
||||||December|December|December|
|||2020|2020|2020|2019|2019|2019|
|Cash|Grant||||50000||50,000|
|Total|||||50,000||50,000|
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|INCOME|FROM|INVESTMENTS||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|||funds|funds|funds|funds|funds|funds|
|Dividend|||||Period|Period|Period|
|income|||||ended 31|ended 31|ended 31|
||||||December|December|December|
|||2020|2020||2019|2019|2019|
|||f.|f.|||||
|Schroders||12,345||12,345|10,957||10,957|
|CAF||2,110||2,110|952||952|
|Total||14,455||14,455|11,909||11,909|
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|||Grant|||Grant|||
|---|---|---|---|---|---|---|---|
|||funding
of|Support||funding of|Support||
|||activities|costs||activities|costs|Total|
||||||Period|Period|Period|
||||||ended 31|ended 31|ended 31|
||||||December|December|December|
|||2020|2020|2020|2019|2019|2019|
|||||||E||
|Support
British|ofthe
Library|63,552|3,286|66,838|84,952|3,094|88,046|
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|GRANTS TO INSTITUTIONS||||Period|
|---|---|---|---|---|
|||||ended 31|
|||||December|
||||2020|2019|
|British Library|||||
|Account of an expedition
by Drake 8 Norris
Delacalonge
book|||4,000
1,500||
|Scientific works of Lewis of Caerleon|||20,750||
|Sullivan's
Symphony
in E Major|||8,365||
|Francis Wyndham
archive|||10,000||
|Collins Collection
(Meynell Trust)|||20,000||
|Over provision
of grant for Anglo Saxon|Conference|publication|(1,063)||
|Jane Austen
letter||||10,000|
|John Collins Collection||||15,000|
|Performing
the Archive, Peter Nichols||||1,000|
|Account ofan expedition
led by Sir Francis Drake
Melford
Hall manuscript
of John Donne's
poetry||||4,000
22,000|
|Psalter ofthe 1480s, made
in Bruges||||20,000|
|Archive ofAndrea
Levy||||10,000|
|Poem on enamoured
and mad love by Lucretia Marinella||||2,952|
|Total|||63,552|84,952|
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|SUPPORT|COSTS|||||Period|
|---|---|---|---|---|---|---|
|||||||ended 31|
|||||||December|
||||||2020|2019|
|||||||E|
|Insurance|||||160||
|Bank charges|||||66|94|
|Governance|costs||||3,060|3,000|
|Total|||||3,2&6|3,094|
|Governance|costs are|analysed|in Note 8.||||
|GOVERNANCE COSTS||||||Period|
|||||||ended 31|
|||||||December|
||||||2020|2019|
|Independent|Examiner|—Independent||Examination|3,000|3,000|
|Independent|Examiner|—prior period|||60||
|Total|||||3,060|3,000|
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|FIXEDASSE|T INVESTMENTS|||
|---|---|---|---|
|||Listed|Listed|
|||securities|securities|
|||2020|2019|
|Fair Value||||
|At 1 January||443,282||
|Grant from the Friends ofthe British Library|||43?,488|
|Revaluations||(59,164)|5,794|
|At 31 December||||
|||384,118|443,282|
|Investments|at fair value compromise:|||
|||2020|2019|
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|CREDITORS: Amounts
falling due within one year|||
|---|---|---|
||2020|2019|
|Accruals|3,000|3,000|
|Grants accrued —British Library|18,937|89,952|
||21,937|92,952|
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||||||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|
||||||||2020|2020|2020|
|Fixed|asset investments||||||214,060|170,058|384,118|
|Current assets|||||||244,417||244,417|
|Creditors due within one year|||||||(21,937)||(21,937)|
||||||||436,540|170,058|606,598|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD||||||||||
||||||||Unrestricted|Endowment|Total|
||||||||funds|funds|funds|
||||||||2019|2019|2019|
|Fixed|asset investments||||||240,680|202,602|443,282|
|Current assets|||||||261,815||261,815|
|Creditors due within one year|||||||(92,952)||(92,952)|
||||||||409,543|202,602|612,145|
|14.|RECONCILIATION|OF NET MOVEMENT||||IN FUNDS TO NET CASH FLOW||FROM OPERATING||
||ACTIVITIES|||||||||
||||||||||Period|
||||||||||ended 31|
||||||||||December|
|||||||||2020|2019|
||Net income for the period (as per Statement|||||of Financial|Activities)|5547|612,145|
||Adjustments
for:|||||||||
||Investment
income|||||||(14,455)|(11,909)|
||Losses / (gains) on|investments|||||10|59,164|(5,794)|
||Grants from Friends||ofthe British Library||—Investments||10||(437,4&8)|
||Increase
/ (decrease)||in creditors|||||(71,015)|92,952|
||Net cash provided|by/(used||in) operating||activities||31,853|249,906|
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|16.
ANALYSIS OF NE|T DEBT||||
|---|---|---|---|---|
|||||At 31|
|CURRENT YEAR||At 1January
2020|Cash flows|December
2020f|
|Gash at bank and|in hand|261,815|{17,398)|244,417|
|||261,815|17,398|244,417|
|||At 25||At 31|
|PRIOR PERIOD||September
2018|Cash flows|December
2019|
|||||R|
|Cash at bank and|in hand||261,815|261,815|
||||261,815|261,815|
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|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||Period|Period|Period|
|||ended 31|ended 31|ended 31|
|||December|December|December|
|||2019|2019|2019|
||Note||||
|INCOME FROM:|||||
|Grants from Friends ofthe British Library||432,638|199,850|632,488|
|Grant from the British Library||50,000||50,000|
|Investments||11,909||11,909|
|TOTAL INCOME||494547|199850|694,397|
|EXPENDITURE ON:|||||
|Charitable
activities||88,046||88,046|
|TOTAL EXPENDITURE||88046|-|88046|
|NET INCOME I(EXPENDITURE) BEFORE|||||
|INVESTIIENT GAINSI(LOSSES)||406,501|199,&50|606,351|
|Net gains on investments|10|3,042|2,752|5,794|
|NET MOVEMENT
IN FUNDS||409,543|202,602|612,145|
|RECONCILIATION
OF FUNDS:|||||
|Total funds brought
forward|||||
|Net movement
in funds||409,543|202,602|612,145|
|TOTAL FUNDS CARRIED FORWARD||409,543|202,602|612,145|