| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Note | |||||
| INCOME& AND ENDOWMENTS FROM | |||||
| Investment income |
109,173 | 92,760 | |||
| Total | 109,173 | 92,760 | |||
| EXPENDITURE ON | |||||
| Raising funds | 3 | 36,696 | 31,045 | ||
| Charitable activities |
4 | ||||
| Grants and donations | 106,374 | 56,577 | |||
| Charitable expenditure |
12,873 | 12,437 | |||
| Total | 155,943 | 100,059 | |||
| Net gains on investments | 841,990 | 158,848 | |||
| NET INCOME | 795,220 | 151,549 | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 5,765,773 | 5,614,224 | |||
| TOTAL FUNDS CARRIE&D FORWARD | 6,560,993 | 5,765,773 | |||
| CONTINUING OPERATIONS |
|||||
| All income and expenditure | has arisen from | continuing | activities. |
| BALANCE SHEET AT | BALANCE SHEET AT | |||||
|---|---|---|---|---|---|---|
| 31DECEMBER2021 | ||||||
| 31.12.21 | 31.12.20 | |||||
| Unrestricted | Total | |||||
| fund | funds | |||||
| Note | ||||||
| FIXEDASSETS | ||||||
| Investments | 6,384,108 | 5,665,561 | ||||
| CURRENT | ASSETS | |||||
| Debtors | 10 | 22,369 | 16,205 | |||
| Cash at bank | 166,662 | 94,189 | ||||
| 189,031 | 110,394 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year |
(12,146) | (10,182) | ||||
| NKT CURRENT ASSETS | 176,885 | 100,212 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 6,560,993 | 5,765,773 | ||||
| TOTAL FUNDS | 6,560,993 | 5,765,773 | ||||
| FUNDS | ||||||
| Unrestricted | funds | 12 | 6,560,993 | 5,765,773 | ||
| TOTAL FUNDS | 6,560,993 | 5,765,773 | ||||
| The financial | statements | were approved | by the board oftrustees | on | 13May 2022 |
and were |
| signed onits | behalfby: |
| 2. | INVESTMENT IN | COM | E | ||||
|---|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | ||||||
| UK investment income |
61,127 | 49,801 | |||||
| Overseas investment | income | 30,551 | 26,628 | ||||
| Fixed interest and alternatives | investment | income | 17,495 | 16,236 | |||
| Interest receivable | 95 | ||||||
| 109,173 | 92,760 | ||||||
| 3. | RAISING FUNDS | ||||||
| Investment management |
costs | ||||||
| 31.12.21 | 31.12.20 | ||||||
| Portfolio management | 36,696 | 31,045 |
| Grant | |||||
|---|---|---|---|---|---|
| funding of | |||||
| activities | Support costs | Totals | |||
| (Seenote 5) | (Seenote 6) | ||||
| Grants and | donations | 106,374 | 106,374 | ||
| Charitable | expenditure | 12,873 | 12,873 | ||
| 106,374 | 12,873 | 119,247 | |||
| 5. | GRANTS | PAYABLK | |||
| 31.12.21 | 31.12.20 | ||||
| Grants and | donations | 106,374 | 56,577 |
| The total grants paid | to | institutions | institutions | during the year were as follows: | during the year were as follows: | ||
|---|---|---|---|---|---|---|---|
| 31,12.21 | 31.12.20 | ||||||
| Autistica | 2,510 | ||||||
| Andrew Simpson Sailing Foundation |
5,000 | ||||||
| Berkshire Youth | 2,400 | ||||||
| Cerebra | 3,000 | ||||||
| Children Cystic Fibrosis Children with Cancer 5 Leukaemia |
Advice | 2,150 | 3,160 | ||||
| Children's Adventure |
Farm Trust | 4,960 | |||||
| Coach Core Foundation | 1,775 | ||||||
| Dart Sai lability | 3,240 | ||||||
| Durham Association of Boys S.Girls |
Clubs -: | 2,950 | |||||
| Edinburgh Young Carers |
3,000 | ||||||
| Get Set Girls | 5,775 | ||||||
| Go Beyond | 3,150 | ||||||
| Highlights | 4,100 | ||||||
| Horse Rangers Association | 5,000 | ||||||
| In Touch/Kids United |
3,000 | ||||||
| Island Trust Limited | 5,000 | ||||||
| Islington Boat Club |
5,080 | ||||||
| Kingswood Trust |
3,129 | ||||||
| Kinship Care Northern | Ireland | Ltd. | |||||
| Lindley EducationalTrust | 8,866 | ||||||
| London Youth Rowing Ltd | 6,000 | ||||||
| Lothian Autistic Society | 3,000 | 3,000 | |||||
| Maiden City Soccer Academy |
2,000 | ||||||
| Marine Society and Sea Cadets | 16,000 | ||||||
| Panathlon Foundation |
2,250 | ||||||
| Perry RDA Ltd. | 2,736 | ||||||
| Phab Ltd. | 4,500 | ||||||
| Prevent 2 Protect | 3,000 | ||||||
| Resources for Autism | 5,000 | ||||||
| Sailors Children's Society |
1,500 | ||||||
| Side by Side Children | Ltd | 1,750 | |||||
| Sport 4 Life UK | 4,820 | ||||||
| Thomas Morley Trust | 7,500 | ||||||
| Treloar Trust | 4,200 | ||||||
| Up N Away |
5,000 | ||||||
| Venture Scotland | 5,000 | ||||||
| Youth on the Move | 5,200 | ||||||
| Youth Space | 3,250 | ||||||
| 106,374 | 56,577 |
| . | SUPPORT COST | S | |||||
|---|---|---|---|---|---|---|---|
| Governance | |||||||
| Finance | Other | costs | Totals | ||||
| Charitable expenditure |
3,182 | 9,091 | 600 | 12,873 | |||
| Support costs, included | in the | above, are as follows | |||||
| 31.12,21 | 31.12.20 | ||||||
| Charitable | Charitable | ||||||
| expenditure | expenditure | ||||||
| Finance | |||||||
| Accountancy | 3,182 | 1,992 | |||||
| Other | |||||||
| Consultancy | fees | 8,185 | 9,533 | ||||
| Postage and stationery | 44 | 52 | |||||
| Sundry costs | 538 | ||||||
| IT &,database expenses | 228 | 192 | |||||
| Bank charges | 96 | 60 | |||||
| 9,091 | 9,845 | ||||||
| Governance | Costs | ||||||
| Independent | examination | fee | 600 | 600 | |||
| 7. | AUDITORS' REMUNERATION | ||||||
| 31.12.21 | 31.12,20 | ||||||
| Independent examiner's |
fee | 600 | 600 |
| CREDITORS: AMOUNTS FALLING DUK WIT | HIN ONE YEAR | |
|---|---|---|
| 31.12.21 | 31.12,20 | |
| Trade creditors | 411 | |
| Accrued expenses | 11,735 | 10,182 |
| 12,146 | 10,182 | |
| MOVEMENT IN FUNDS |
| MOVEMEN | T IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | |||||
| movement | in | ||||
| At 01.01.21 | funds | At 31.12.21 | |||
| Unrestricted | funds | ||||
| General fund | 5,765,773 | 795,220 | 6,560,993 | ||
| TOTAL FUNDS | 5,765,773 | 795,220 | 6,560,993 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 109,173 | (155,943) | 841,990 | 795,220 | |
| TOTAL FUNDS | 109,173 | (155,943) | 841,990 | 795,220 |