OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-09-30-accounts

Page
Reference and Administrative
Details
1 to 2
Report ofthe Trustees 3 to 4
Report ofthe Independent
Auditors
5 to 6
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 9 to 13
Detailed Statement of Financial Activities 14

30/9/21 30/9/20
Unrestricted Endowment Total Total
Notes fund
6
fund
f
funds
6
fundsf
INCOME AND ENDOWMENTS FROM
Investment
income
79,716 79,716 89,419
EXPENDITURE ON
Raising funds 9,791 9,791 8,765
Charitable
activities
Grants payable 27,995 27,995 60,616
Other 22,878 22,878 22,727
Total resources expended 60,664 60,664 92,108
Net incoming/outgoing
resources
Before other recognised
gains and losses
19,052 19,052 (2,689)
Realised 170 636 806 (437)
Unrealised 91 543 343 343 434886 ~203203
Net movement
In funds
110,765 343,979 454,744 (206,329)
Total funds brought forward 657,543 2,329,102 2,986,645 3,192,974
TOTAL FUNDS CARRIED FORWARD 768,308 2,673,081 3,441,389 ~2986,645
30 SEP TEMBER 2021
30/9/21 30/9/20
Unrestricted Endowment Total Total
Notes fund
f
fund funds
f
fundsf
FIXEDASSETS
Investments 7 706,736 2,651,266 3,358,002 2,932,639
CURRENT ASSETS
Cash at bank 95,052 4,504 99,556 74,260
CREDITORS
Amounts
falling due within one year
8 (16,169) (16,169) (20,254)
NET CURRENT ASSETS 78,883 4,504 83,387 54,006
TOTAL ASSETS LESSCURRENT LIABILITIES 1,069,984 2,371,405 3,441,389 2,986,645
NETASSETS 1,069,984 2,371,405 3,441,389 ~2986,645
FUNDS
Unrestricted
funds
768,308 657,543
Endowment
funds
2,673,081 2,329,102
TOTAL FUNDS 3,441,389 2,986,645

GRANTS PA YA BLE
30/9/21 30/9/20
6
Grants payable 27,995 60,616
Charities 3,000
Clothing 6,490 10,996
Furniture 8,174 10,363
Other household equipment 10,664 12,466
Tools 4,623 3,676
Tuition 6,409 22,766
Other grants 1 899 3543
38,259 66,810
Deduct grants returned ~10264 ~6194
27,995 60,616
Grants payable to charities
The Penelope Project 3000
Grants payable to individuals 38,259 63,810
OTHER RESOURCES EXPENDED
Cost of
Generating Charitable Support 2021
Funds Activities Costs
Investment management 9,791 9,791
Grants payable 38,259 38,259
Secretarial costs 9,840 9,840
Insurance 457 457
Accountancy fees 7,200 7,200
Audit fees 5,220 5,220
Interest and charges 161 161
9,791 38,259 22,878 70,928
Deduct grants returned 10264 10264
9791 27995 22878 60664
Cost of
Generating Charitable Support 2020
Funds Activities Costs
Investment management 8,765 8,765
Grants payable 66,810 66,810
Secretadal costs 9,945 9,945
Insurance 454 454
Accountancy fees 7,200 7,200
Audit fees 5,040 5,040
Interest and charges 86 88
8,765 66,810 22,727 98,302
Deduct grants returned 6 194 6194
8765 60616 22 727 92 108

There were no Key Management
employees
during the year (2020 NIL).
Management
employees
during the year (2020 NIL).
Management
employees
during the year (2020 NIL).
Management
employees
during the year (2020 NIL).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Endowment Total
fund fund funds
f 6 8
INCOME AND ENDOWMENTS FROM
Investment
income
89,419 89,419
EXPENDITURE ON
Raising funds 8,765 8,765
Charitable
activities
Grants payable 60,616 60,616
Other 22,727 22,727
Total 92,108 92,108
Net gains/(losses) on investments (42,858) (160,782) (203,640)
NET INCOME/(EXPENDITURE) (45,547) (160,782) (206,329)
RECONCILIATION OF FUNDS
Total funds brought forward 703,090 2,489,884 3,192,974
TOTAL FUNDS CARRIED FORWARD 657,543 2,329,102 2,986,645

Permanent Permanent General General Listed
Endowment
f
Fund Fund
f.
Investments
f
MARKET VALUE
At 1 October 2020 2,315,442 617,197 2,932,639
Additions
Disposals at market value (8,155) (2,174) (10,329)
Realised gain on disposal 636 170 806
Unrealised
gain/(loss)
on
revaluation 343 343 91543 434,886
At 30September 2021 2 651 266 706736 3,358,002
There were no investment assets outside the UK.
Investments
which constituted
more than
5'/0 ofthe total investment holding, are as follows:
Barclays Charity R Distdbution f3,358,002 100o/0
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/21
f
30/9/20
f.
Bank loans and overdraRs (see note 9) 8,532 13,070
Other creditors 7,637 7,184
16,169 20,254
LOANS
An analysis ofthe maturity ofloans is given below:
30/9/21 30/9/20
f f
Amounts
falling due within
one year on demand:
Bank overdraRs 8,532 13,070

FOR THE YEAR ENDED 30SEP TEMBER 2021
30/9/21f 30/9/20f
INCOME AND ENDOWMENTS
Investment
Income
Other fixed asset invest - Fll 79,708 89,355
Deposit account interest 8 64
79,716 89,419
Total incoming
resources
79,716 89,419
EXPENDITURE
Raising donations
and
legacies
Investment
management
9,791 8,765
Charitable
activities
Grants tc charities 3,000
Grants tc individuals 27,995 57,616
27,995 60,616
Support costs
Management
Insurance 457 454
Secretarial costs 9,840 9,945
Treasurers fees 7,200 7,200
Audit fees 5,220 ~5040
22,717 22,639
Finance
Bank charges 161 88
Total resources expended 60,664 92,108
Net income/(expenditure) before gains and
losses 19,052 (2,689)
Realised recognised gains and losses
Realised gains/(losses)
investments
on fixed asset 806 ~437)
Net income/(expenditure) 19,858 ~3,126)