OpenCharities

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2020-12-31-accounts

2020 2019
Notes E E E
INCOME
Donations
and Legacies
134,562 70,375
Investment
income
20,520 29,063
Other income 1,654 1,523
Total Income 156,736 100,961
EXPENDITURE
Cost of raising funds:
Investment
management
fees 22,656 22,880
Expenditure
on charitable
activities:
Grant making 170,425 158,938
Total Expenditure 193,081 181,818
NET INCOME/(EXPENDITURE) AND NET
MOVEMENT
IN FUNDS BEFOREGAINS
AND LOSSESON INVESTMENTS (36,345) (80,857)
NET GAINS ON
INVESTiMENTS 114,392 235,877
NET MOVEMENT
IN FUNDS
78,047 155,020
RECONCILIATION
OF FUNDS
Total funds brought forward 1,708,155 1,553,135
TOTAL FUNDS CARRIED FORWARD 91,786,202 K1,708,155

2. DONATIONS
AND LEGACIES
DONATIONS
AND LEGACIES
DONATIONS
AND LEGACIES
2020 2019
Donations
Acting 4Others 95,000 40,000
Other 7,562 9,875
102,562 49,875
Legacies
SirTerence Rattigan Charitable Trust 32,000 10,000
Other
I egacies
10,500
32,000 20,500
5134,562 E70,375
3. INVESTIIENT INCOME 2020f 2019
Dividends
and interest received
20,5'I 1 28,989
(Note: All investment income arises from investments
quoted on the London Stock Exchange)
Bank interest receivable on cash deposits 74
620,520 229,063
4. OTHER INCOME
Royalties received 144 273
Distribution
from Ivor
Novello Charities Limited 1,510 1,250
Et,654 51,523
5. ANALYSIS OF CHARITABLE EXPENDITURE E E
Grants made 155,750 144,500
Governance costs:
Professional
fees —see
note 6 below 12,000 12,000
Independent
Examiner's
Fee 2,340 2,310
Bank charges 220 81
Sundry,
internet
and
postage —see note 6 below 115 47
Website
Lt 70,425 9158,938

The ge ographical
split of investment
s
is as follows:-
2020 2019
k
United Kingdom 887,115 953,871
Overseas 887,211 744,419
91,774,326 81,698,290