| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Income: | ||||||||
| Legacy income | 594,064 | |||||||
| Rent receivable | from Marymount | international | School | 200,000 | 200,000 | |||
| Other income | 5,903 | |||||||
| Total Income | 205,903 | 794,064 | ||||||
| Expenditure: | ||||||||
| Cost ofraising | funds | |||||||
| Financing costs |
58 | 2,660 | ||||||
| Charitable Activities: |
||||||||
| Grants payable | 2a | 230,000 | 762,571 | |||||
| Premises costs | 2b | 48,288 | 48,288 | |||||
| Support costs | 1,860 | 2,368 | ||||||
| Total Expenditure | 280,206 | 815,887 | ||||||
| Net expenditure | for the | year | (74,303) | (21,823) | ||||
| Balances brought | forward | at | 1 September 2020 | 1,275,195 | 1,297,018 | |||
| Balances carried | forward | at 31 August 2021 | $.1,200,892 | j1,275,195 | ||||
| All funds are unrestricted. |
| Notes | 2021f | 2020 | |
|---|---|---|---|
| TANGIBLE FIXEDASSETS | 1,200,442 | 1,248,730 | |
| CURRENT ASSETS | |||
| Cash &Bank | 1,410 | 312,787 | |
| CURRENT LIABILITIES | |||
| Creditors —Grants payable | (286,322) | ||
| Accruals | (960) | ||
| (960) | (286,322) | ||
| NET CURRENT (LIABILITIES)I | 450 | 26,465 | |
| ASSETS | |||
| TOTAL NET ASSETS | f1,200,892 | f1,275,195 | |
| Unrestricted Funds |
|||
| - General | 1,200,892 | 1.275,195 | |
| f1,200,892 | f.1,275,195 |
| 2a. | Grants Payable | 2021f | 2020 8 |
|||||
|---|---|---|---|---|---|---|---|---|
| Grants payable can be further | analysed | as: | ||||||
| Grant for Diocesan teaching | blocks, Zimbabwe | 207,757 | ||||||
| Grant for RSHM Life Care Centre, | Zimbabwe | 304,814 | ||||||
| Grant to ibillin Parish |
50,000 | |||||||
| Grant to the Religious of the Sacred |
Heart of Mary | Eastern | American | 200,000 | 200,000 | |||
| Province | ||||||||
| Grant to Marymount International |
School | 30,000 | ||||||
| f230,000 | f762,571 | |||||||
| 2b. | ANALYSIS OF EXPENDITURE | 2021f | 2020 | |||||
| Total expenditure includes: |
||||||||
| Premises - depreciation | 848,288 | 648,288 | ||||||
| STAFF COSTS |
| N | CD Dc |
00 N |
N | Cc | M | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44V | Ot NM |
00 | IM | O | Cc | ||||||||
| CL | N | 00 | O Dc |
00 | |||||||||
| w 0 |
I4 | oc | OD CI |
CD 00 |
|||||||||
| CO | C | ||||||||||||
| DO | |||||||||||||
| 0& I |
WOO | ICI | M N 00 N |
Ot0 O Irt |
MO | ||||||||
| 0 | |||||||||||||
| a rct |
8 0 |
O Vt |
M COO Itc |
0 00 M M |
Irt O O |
00 00 N |
00 0 |
||||||
| +I | |||||||||||||
| 4Icl | I | M | |||||||||||
| Pl rCI |
I 4I V |
ctl | N | N | N | ||||||||
| Ilc | |||||||||||||
| g | OC | CON | NN | MNN | M | ||||||||
| 000 | Ct00 | O 00 |
oc | ctt | |||||||||
| Ot | |||||||||||||
| Ct | 0 | ||||||||||||
| C | Cl | ||||||||||||
| crt | |||||||||||||
| cn | |||||||||||||
| z | cct cct |
||||||||||||
| 0 0 0 0Z |
0 X 0z |
rcc 0V |
N CD M 0: |
ON Ot Oll |
Z CC 0 |
O Ot 00 & I ct ~0000 CJ |
CcO IO 00 |
~r o) cc 0 0 ~0 Z cr. |
ON N 0 00 |