| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 2 | ||
| Independent Exauuner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 6 | to | 9 |
| 31,12.21 | 31.12.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fund | funds | |||||
| Notes | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Investment income |
46,700 | 45,071 | ||||
| EXPENDITURE | ON | |||||
| Raising funds | 40,474 | 21,726 | ||||
| Other | 25,314 | 21,290 | ||||
| Total | 65,788 | 43,016 | ||||
| Net gains/(losses) | on iuvestments | 25,527 | (7,323) | |||
| NET INCOME/(EXPENDITURE) | 6,439 | (5,268) | ||||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | fonvard | 2,252,239 | 2,257,507 | |||
| TOTAL FUNDS | CARRIED FORWARD | 2,258,678 | 2,252,239 |
| 31.12.21 | 31.12.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | f | ||
| FIXEDASSETS | |||
| Investment property |
1,820,000 | 1,820,000 | |
| CURRENT ASSETS | |||
| Investtllelits | 225,415 | 199,888 | |
| Cash at bmik | 213,263 | 232,351 | |
| 438,678 | 432,239 | ||
| NKT CURRENT ASSETS | 438,678 | 432,239 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 2,258,678 | 2,252,239 | |
| NKT ASSETS | 2,258,678 | 2,252,239 | |
| FUNDS | |||
| Um'estricted funds |
2,258,678 | 2,252,239 | |
| TOTAL FUNDS | 2,258,678 | 2,252,239 |
| INVESTMENT INCOME | ||
|---|---|---|
| 31.12.21 | 31.12.20 | |
| Rents received | 45,602 | 43,116 |
| Deposit account iuterest Dividends received |
252 846 |
1,065 890 |
| 46,700 | 45,071 |
| RAISING | ~iS | |||
|---|---|---|---|---|
| Investmeut | management | costs | ||
| 31.12.21 | 31.12.20 | |||
| f | ||||
| Property repairs | 37,319 | 19,016 | ||
| Maintenance | charges | 3,155 | 2,710 | |
| 40,474 | 21,726 |
| COMPARATIVES | FORTHE STATEMENT OF FINANCIAL AC | TIVITIES |
|---|---|---|
| Unrestricted | ||
| fund | ||
| INCOME AND ENDOWMENTS FROM | ||
| Investment income |
45,071 | |
| EXPENDITURE ON | ||
| Raisuig funds | 21,726 | |
| Other | 21,290 | |
| Total | 43,016 | |
| Net gains/(losses) on |
inveshuents | (7,323) |
| NET INCOME/(EXPENDITURE) | (5,268) | |
| RECONCILIATION | OFFUNDS | |
| Total funds brought | fomvard | 2,257,507 |
| TOTAL FUNDS CARRIED FORWARD | 2,252,239 |
| INVESTMENT PROPERT | INVESTMENT PROPERT | Y | |||||
|---|---|---|---|---|---|---|---|
| FAIR VALUE | |||||||
| At 1 January | 2021 | ||||||
| and 31December 2021 | 1,820,000 | ||||||
| NET BOOK VALUE | |||||||
| At 31December 2021 | 1,820,000 | ||||||
| At 31December 2020 | 1,820,000 | ||||||
| 7. | CURRENT | ASSETINVESTMENTS | |||||
| 31.12.21 | 31.12.20 | ||||||
| Listed invesnnents | 225,415 | 199,888 | |||||
| 8. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.21 | in funds | 31.12.21 | |||||
| 8 | |||||||
| Uurestricted | funds | ||||||
| General fund |
2,252,239 | 6,439 | 2,258,678 | ||||
| TOTAL FUNDS | 2,252,239 | 6,439 | 2,258,678 | ||||
| Net movement | in funds, included | in the above are as follotvs: | |||||
| Incommg | Resources | Gains and | Movement | ||||
| resources f |
expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund | 46,700 | (65,788) | 25,527 | 6,439 | |||
| TOTAL FUNDS | 46,700 | (65,788) | 25,527 | 6,439 | |||
| Comparatlves | for movemeut | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.20 | in funds | 31.12.20 | |||||
| Uurestricted | funds | ||||||
| General fund |
2,257,507 | (5,268) | 2,252,239 | ||||
| TOTAL FUNDS | 2,257,507 | (5,268) | 2,252,239 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | g | 8 | 8 | ||
| General | fund | 45,071 | (43,016) | (7,323) | (5,268) | |
| TOTAL | kiNDS | 45,071 | (43,016) | (7,323) | (5,268) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.1.20 | in funds | 31.12.21 | |||
| Unrestricted | funds | 8 | 8 | ||
| General | fund | 2,257,507 | 1,171 | 2,258,678 | |
| TOTAL | FUNDS | 2,257,507 | 1,171 | 2,258,678 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | ut funds | |||
| Uurestricted | funds | |||||
| General | fund | 91,771 | (108,804) | 18,204 | 1,171 | |
| TOTAL | FUNDS | 91,771 | (108,804) | 18,204 | 1,171 |