| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| Notes | funds E |
fund | funds f |
fundsf | |
| FIXEDASSETS | |||||
| Investments | 7 | 1,022,009 | 1,022,009 | 1,025,621 | |
| CURRENT ASSETS | |||||
| Cash at bank | 299,010 | 268,178 | 567,188 | 609,438 | |
| CREDITORS | |||||
| Amounts falling due within one year |
8 | (3,961) | (3,961) | (3,959) | |
| NET CURRENT ASSETS | 295,049 | 268,178 | 563,227 | 605,479 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 295,049 | 1,290,187 | 1,585,236 | 1,631,100 | |
| NET ASSETS | 295,049 | 1,290,187 | 1,585,236 | 1,631,100 | |
| FUNDS | |||||
| Unrestricted funds |
295,049 | 324,129 | |||
| Endowment funds |
1,290,187 | 1,306,971 | |||
| TOTAL FUNDS | 1,585,236 | 1,631,100 |
| There were no trustees' expenses paid for the year ended 31 December 31 December 2019. |
There were no trustees' expenses paid for the year ended 31 December 31 December 2019. |
There were no trustees' expenses paid for the year ended 31 December 31 December 2019. |
There were no trustees' expenses paid for the year ended 31 December 31 December 2019. |
2020 nor for t | he year ende |
|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Endowment | Total | |||
| funds | fund | funds | |||
| 6 | f | 8 | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
41,336 | 41,336 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Education Grants |
61,388 | 61,388 | |||
| Relief in need | 14,610 | 14,610 | |||
| Total | 75,998 | 75,998 | |||
| Net gains on investments | 117,695 | 117,695 | |||
| NET INCOME/(EXPENDITURE) | (34,662) | 117,695 | 83,033 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 358,791 | 1,189,276 | 1,548,067 | |
| TOTAL FUNDS CARRIED FORWARD | 324,129 | 1,306,971 | 1,631,100 | ||
| FIXEDASSET INVESTMENTS | |||||
| Listed | |||||
| investments | |||||
| 5 | |||||
| MARKET VALUE | |||||
| At 1 January 2020 | 1,025,621 | ||||
| Additions | 103,811 | ||||
| Disposals | (97,810) | ||||
| Revaluations | (9,613) | ||||
| At 31 December 2020 | 1,022,009 | ||||
| NET BOOK VALUE | |||||
| At 31 December 2020 | 1,022,009 | ||||
| At 31 December 2019 | 1,025,621 |
| Comparative | net movement in fun |
ds, included in the above |
are as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources f |
expended F |
losses F |
in funds 6 |
||
| Unrestricted | funds | ||||
| Education Fund |
20,668 | (61,388) | (40,720) | ||
| Relief in Need | 20,668 | (14,610) | 6,058 | ||
| 41,336 | (75,998) | (34,662) | |||
| Endowment | funds | ||||
| Endowment | Fund | 117,695 | 117,695 | ||
| TOTAL FUNDS | 41,336 | (75,998) | 117,695 | 83,033 |
| A current y | e | ar 12months and prior year |
12months combined position is as |
follows: | |
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1/1/19 | in funds | 31/12/20 | |||
| f | E | f | |||
| Unrestricted | funds | ||||
| Education | Fund | 131,675 | (76,061) | 55,614 | |
| Relief in Need | 227,116 | 12,319 | 239,435 | ||
| 358,791 | (63,742) | 295,049 | |||
| Endowment | funds | ||||
| Endowment | Fund | 1,189,276 | 100,911 | 1,290,187 | |
| TOTAL FUNDS | 1,548,067 | 37,169 | 1,585,236 |
| A current year 12 months and pr above are as follows: |
ior year 12 months combi |
ned net movem |
ent in funds, |
included in t |
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources f |
expended F |
losses f |
in funds 6 |
|
| Unrestricted funds |
||||
| Education Fund Relief in Need |
37,518 37,519 |
(113,579) (25,200) |
(76,061) 12,319 |
|
| 75,037 | (138,779) | (63,742) | ||
| Endowment funds |
||||
| Endowment Fund |
100,911 | 100,911 | ||
| TOTAL FUNDS | 75,037 | (138,779) | 100,911 | 37,169 |
| FOR THE YEAR ENDED 31 DEC | EMBER 2020 | ||
|---|---|---|---|
| 2020 F |
2019f | ||
| INCOME AND ENDOWMENTS | |||
| Investment income |
|||
| Dividend income |
31,831 | 37,922 | |
| Deposit account interest | 1,634 | 2,778 | |
| Charities deposit fund | Interest | 236 | 636 |
| 33,701 | 41,336 | ||
| Total incoming resources |
33,701 | 41,336 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Grants to institutions Grants to individuals |
48,500 5,904 |
61,577 6,000 |
|
| 54,404 | 67,577 | ||
| Support costs | |||
| Governance costs | |||
| Secretarial Fees | 995 | 980 | |
| Clerks fees | 2,700 | 2,700 | |
| Accountancy Other administration |
costs | 3,912 770 |
3,900 841 |
| 8,377 | 8,421 | ||
| Total resources expended | 62,781 | 75,998 | |
| Net expenditure before gains and losses |
(29,080) | (34,662) | |
| Realised recognised | gains and losses | ||
| Realised gains/(losses) | on fixed asset | ||
| investments | (16,784) | 117,695 | |
| Net (expenditure)/income | (45,864) | 83,033 |