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||||al0K|W<br>'ta<br>el<br>666I<br>tD|L'<br>al<br>662<br>O|W<br>666<br>~|I lll<br>4!<br>E<br>626<br>g o<br>Q O<br>N<br>N|al<br>el<br>g<br>I<br>La<br>ct<br>la<br>rts cs—<br>N|
|---|---|---|---|---|---|---|---|---|
|INCOMING RESOURCES|||||||||
|Incoming resources from|generated|funds|||||||
|Investment<br>income||||189,483|||189,486|191,594|
|Grants||||154,797|||154,197|90,540|
|Voluntary<br>income: donations||||205|||205|90|
|Total incoming resources||||344,485||||282,224|
|RESOURCES EXPENDED|||||||||
|Cost ofgenerating<br>funds|||||||||
|Investment<br>management|costs|||102,654|||102,654|75,151|
|Charitable<br>activities||||4,782|||4,782|1,512|
|Governance<br>costs||||6,270|||6,270|1,560|
|Other resources expensed||||2,983|||2,983|1,949|
|Total resources expended||||116,689|||116,689|80,172|
|Net incoming resources before transfers||||227,796|||227,796|202,052|
|Gross transfers between|funds|||(22,000)|22,000||||
|Net movement<br>in funds before gains<br>and losses on investments||||205,796|22,000||227,796|202,„052|
|Gain/(Loss)<br>on investments||||(73,532)|||(73,532)|157,403|
|Fair value adjustment to|properties|||760,000|||160,000||
|Net movement<br>in funds||||892,264|22,000||914,264|359,455|
|RECONCILIATION<br>OF FUNDS|||||||||
|Total funds brought forward||||10,063,547|1,590,470||11,654,017|11,294,562|
|TOTAL FUNDS CARRIED FORWARD||||10,955,811|2,622,620||12,568,281|11,654,017|





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||||Notes|2020 (E)|202G (E)|2019(E)|2019(E}|
|---|---|---|---|---|---|---|---|
|FIXEDASSETS||||||||
|Investment<br>properties|||5|10,559,711||9,511,929||
|Other Investments|||6|965,566||1,039,100||
||||||11,525,277||10,551,029|
|CURRENT ASSETS||||||||
|Debtors||||8||90,919||
|Cash at bank and in|hand|||1,049,453||1,016,456||
|||||1,049,461||1,107,375||
|CURRENT UASILITIES||||||||
|Creditors: Amounts|falling|due within||||||
|one year||||(6,457)||(4,387)||
|Net current assets|||||1,043,004||1,102,988|
|Total net assets|||||12,568,281||1lr654,G17|
|Represented<br>by:||||||||
|Unrestricted<br>fund||||||||
|Income and general|fund||||10,955,811||10,152,899|
|Designated<br>funds||||||||
|Capital fund||||1,101,190||1,101,190||
|Capital recoupment|fund|I||5,280||5,280||
|Capital recoupment|fund|II||506,000||484,000||
||||||1,612,470||1,590,470|
|Total funds|||||12,568,281||11,65¹, 017|






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|2.|INVESTMENT|INCOME|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||||||f|
||Residential|property|rents||154,562|147,793|
||Allotment|rents|||407||
||Income from investment|||portfolios|32,838|41,954|
||Bond and|bank interest|||1,676|1,847|
||||||189,483|191,594|
|3.|OTHER INCOME||||||
||||||2020|2019|
|||||||f|
||Donations||||205|90|
||Grants||||154,797|90,540|
||||||155,002|90,630|



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|Investment<br>management|Investment<br>management|Investment<br>management|costs|2020f|2019<br>f|
|---|---|---|---|---|---|
|Property|management|fees||16,693|15,962|
|Property|insurance|||3,955|3,407|
|Property|repairs andmaintenance|||82,006|55,782|
|||||102,654|75,151|
|||||2020|2019|
|Charitable|activities|||f||
|Charitable|aid and assistance|||4,782|1,512|
|||||4,782|1,512|
|||||2020|2019|
|Governance<br>costs|||||f|
|Auditor's|remuneration|||3,600|1,560|
|Accountancy||||2,670||
|||||6,270|1,560|
|Other resources expended||||2020|2019f|
|Honora ria||||1,250|1,200|
|Secreta ria I and sundry||||1,733|749|
|||||2,983|1,949|





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|REDITORS: AMOUNTS<br>FALLING DUE WITHIN ONE YEA|R||
|---|---|---|
||2020<br>f.|2019f|
|Accrual|3,600|1.,560|
|Other creditors|2,857|2,827|
|||4,387|



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||||Srought|Net||Transfers||
|---|---|---|---|---|---|---|---|
||||forward|movement|Gain/ on|between|Carried|
||||(asrestated)|in funds<br>f|investmentsf|fundsf|forwardf|
|Income and general|fund||10,063,547|227,796|686,468|(22,000)|10,955,811|
|Capital fund|||1,101,190||||1,101,190|
|Capital recoupment|fund|I|5,280||||5,280|
|Capital recoupment|fund|II|484,000|||22,000|506,000|
|Total funds|||11,654,017|227,796|686,468||12,568,281|
|NALYSIS OF FUNDS||||||||
||||Investment|Other|Current|Current||
||||propertiesf|investmentsf|assets|liabilitiesf|Total|
|Income and general|fund||8,947,241|965,566|1,049,461|(6,457)|10,955,811|
|Capita<br>I fund|||1,101,190||||1,103.,190|
|Capital recoupment|fund|I|5,280||||5,280|
|Capital recoupment|fund|II|506,000||||506,000|
|Total funds|||9,799,711|965,566|1,049,461|(6,457)|12,568,281|



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