Altor Foundation Charity Number 1187210
Statement of Financial Activities and Balance Sheet
for the period ended
31 December 2020
Independent Examiner's Report to The Altor Foundation
I report on the accounts of the Trust for the period ended 31 December 2020.
Respective responsibilites of trustees and examiner
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”)
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act, or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sean Toomer
Dated:
Diverso Accountants Unit 15 Brickfield Ind Estate, Brickfield Lane, Eastleigh, SO53 4DR
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Altor Foundation STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2020
| Income and endowments from: Donations and legacies Interest received Total income and endowments Expenditure Expenditure on raising funds Expenditure on Charitable Activities: Total Expenditure Net income (expenditure) Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Fund £ 67,685 - 67,685 232 24,000 24,232 43,453 43,453 - 43,453 |
Restricted Fund £ - - - - - - - - - - |
Total Funds 2019/20 £ 67,685 - 67,685 232 24,000 24,232 43,453 - 43,453 - 43,453 |
Total Funds 2018/19 £ 30,010 4 |
|---|---|---|---|---|
| 30,014 5,000 |
||||
| 5,000 25,014 - |
||||
| 25,014 - 25,014 |
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| Altor Foundation Balance Sheet as at 31 December 2020 as at 31 Dec 2020 £ £ Fixed Assets Investments at cost 36,480 Current Assets Cash at bank and in hand 31,987 31,987 Total net assets 68,467 Funds Unrestricted fund 68,467 Restricted Fund - 68,467 |
as at 8 Dec 2019 £ £ - 25,014 25,014 25,014 25,014 - 25,014 |
as at 8 Dec 2019 £ £ - 25,014 25,014 25,014 25,014 - 25,014 |
|---|---|---|
| 25,014 | ||
| 25,014 - |
||
| 25,014 |
These financial statements were approved by the Trustees and signed on their behalf by
| Matthew S Pitcher Lucinda A Pitcher |
date |
|---|---|
| date |
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