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|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|2|
|Independent<br>Exauuner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet||||||
|Notes to the Financial|Statements||6|to|9|





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||||||31,12.21|31.12.20|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes|||
|INCOME AND ENDOWMENTS|||FROM||||
|Investment<br>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|





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|||31.12.21|31.12.20|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes||f|
|FIXEDASSETS||||
|Investment<br>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<br>funds||2,258,678|2,252,239|
|TOTAL FUNDS||2,258,678|2,252,239|





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|INVESTMENT INCOME|||
|---|---|---|
||31.12.21|31.12.20|
|Rents received|45,602|43,116|
|Deposit account iuterest<br>Dividends<br>received|252<br>846|1,065<br>890|
||46,700|45,071|





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|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|



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|COMPARATIVES|FORTHE STATEMENT OF FINANCIAL AC|TIVITIES|
|---|---|---|
|||Unrestricted|
|||fund|
|INCOME AND ENDOWMENTS FROM|||
|Investment<br>income||45,071|
|EXPENDITURE ON|||
|Raisuig funds||21,726|
|Other||21,290|
|Total||43,016|
|Net gains/(losses)<br>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|





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||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<br>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<br>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<br>fund||||2,257,507|(5,268)|2,252,239|
||TOTAL FUNDS||||2,257,507|(5,268)|2,252,239|





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||||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|



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