OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

NautilusWelfare Fund
TRUSTEE’SREPORT(continued)
FORTHEYEARENDED 31DECEMBER2021

=,

REFERENCEAND ADMINISTRATIONINFORMATION(continued)
Members of the
Council
of Nautilus UJurgens Chair
International atBalanceSheetdate WVanHoboken ViceChair
IMacKenzie DeputyViceChair
AMDickinson GeneralSecretary
SBelfitt ELayfield— toApr21
JCameron PLees —toApr21
TCardy MLeemhuis— fromApr21
CCaseman— fromApr21 MLloyd— toApr21
RCleland PLok— fromApr21
ACorrie— toApr21 HLudwig
RDowns— toApr21 FMatthew
HEijkenaar PMcMillen— toApr21
GFeikema PMinter
GFisher— toApr21 GScartett— fromApr21
AGale SScreamed-toApr21
MGraves JTyson
NGroen JvanderZee
SGudgeon JWainman
WJackson PWilson— fromApr21
BKhan— toApr21
TLatter- fromApr21
Secretaryto theCouncilofNautilus
International AMDickinson(GeneralSecretary,NautilusInternational)
Membersof theNautilusWelfare Fund RC Thornton Chair
CommitteeatBalanceSheetDate JMcAuslan TrusteeDirector
AMDickinson GeneralSecretary
FO'Neill
CHairsine- toAug21 MReeves
JHofton AStewart
WJackson JStone
NMartin MWatts
FMatthew LWhitehead
PMinter WvanHoboken
DMorrison

Secretaryto

theNautilusWelfareFund

OTunde

2021 2020
Notes £ £ £ £
FIXEDASSETS
Tangibleassets
Investments
14,869,982
9,369,441
15,227,198
8,379,376
CURRENTASSETS 24,239,423 23,606,574
Debtors
Cashatbankandinhand
54,542
856,625
114,077
791,319
CREDITORS:amountsfallingdue 911,167 905,396
withinoneyear (294,015) (421,914)
NETCURRENTASSETS 617,152 4,83,482
NETASSETS 24,856,575 24,090,056
Representedby:
Unrestrictedfunds
Restrictedfunds
10
10
24,851,575 24,085,056
Endowment 10 5,000 5,000
24,856,575 24,090,056

2021 2020
£ £ £ £
Netcashprovidedbyoperatingactivities (149,659) (55,098)
Cashflowsfrominvestingactivities
Investmentincome 173,633 157,903
Paymenttoacquiretangiblefixedassets (9,045) (63,218)
Paymentstoacquireinvestments (836,781) (2,956,414)
Proceedsfromsalesofinvestments 1,020,402 2,457,969
Decrease/(increase)ininvestmentcashbalances (133,243) 547,960
214,966
Increase/(Decrease)incashfortheyear 65,307 89,102
RECONCILIATIONOFNETEXPENDITURETO 2021 2020
NETCASHUSEDINOPERATINGACTIVITIES €£ £
Netincome 766,519 (603,892)
Depreciation 366,261 365,415
Investmentincome (173,633) (157,903)
Deduct:Netinvestment(gains) (1,040,442) 267,884
Decreaseindebtors 59,535 43,738
(Decrease)increditors (127,899) 29,660
Netcashusedinoperatingactivities

(149,659)




(55,098)
ANALYSISOFNETDEBT
At At
31 December 31December
2020 Cashflow 2021
£ £ £
Cashatbankandinhand
791,318

65,307




856,625