| FOR THE YEAR ENDE | D 31AUGUST 20 | 20 | ||
|---|---|---|---|---|
| Notes | Total | Total | ||
| 2020 | 2019 | |||
| INCOME AND ENDOWMENTS FROM: | f | f | ||
| Generated funds |
||||
| Donations | 12,296 | 8,137 | ||
| Investments | 23,591 | 24,222 | ||
| Total incoming resources | 35,887 | 32,359 | ||
| EXPENDITURE ON: | ||||
| Raising funds | ||||
| Investment management |
fees | 3,582 | 3,512 | |
| Charitable expenditure |
||||
| Grant making | 12,215 | 17,861 | ||
| Total resources expended | 15,797 | 21,373 | ||
| OPERATING SURPLUS | 20,090 | 10,986 | ||
| Net realised and unrealised |
gains/(losses) | (4,416) | 17,017 | |
| NET INCOME / (EXPENDITURE) | 15,674 | 28,003 | ||
| NET MOVEMENT IN FUNDS |
15,674 | 28,003 | ||
| FUND BALANCES | ||||
| As at 1September 2019 | 876,799 | 848,796 | ||
| FUND BALANCES CARRIED FORWARD | 892,473 | 876,799 |
| Notes | 2020 f |
2019f | |
|---|---|---|---|
| FIXEDASSET INVESTMENTS | |||
| Quoted securities at market value | 748,410 | 756,407 | |
| Costf564,077(2019—f562,380) | |||
| CURRENT ASSETS | |||
| Debtors | 6,775 | 430 | |
| Cash at bank | 137,288 | 119,962 | |
| 144,063 | 120,392 | ||
| CURRENT LIABILITIES | |||
| Sundry creditors | |||
| NET CURRENT ASSETS | 144,063 | 120,392 | |
| TOTAL ASSETS | 892,473 | 876,799 | |
| Represented by: |
|||
| UNRESTRICTED FUNDS | 892,473 | 876,799 | |
| Approved by the Board and authorised |
for issue onR+~~Zo2 Iand signed on their behalf | ||
| by: | |||
| RA H Morrow | |||
| Grand Treasurer |
| 2020 | 2019 | |
|---|---|---|
| Fixed interest | 99,142 | 96,464 |
| Equities | 480,632 | 499,467 |
| Other | 168,636 | 160,476 |
| 748,410 | 756,407 |