2020-10-26-accounts - Worshipful Company Of Founders Sexcentenary Appeal Fund

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			PERIOD	PERIOD
			29/10/19	30/10/18
			TO	TO
			26/10/20	28/10/19
			Unrestricted	Total
			fund	funds
		Notes	6	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			4,515,027	1,600
Investment income			5,237	8,115
Total			4,520,264	9,715
EXPENDITURE ON
Charitable activities
Grants payable to individuals Chdist's Hospital			3,917	4,999 33,000
Other			26,047	22
Total			29,964	38,021
Net gains/(losses) on investments			(1,657)	18,937
NET INCOME/(EXPENDITURE)			4,488,643	(9,369)
RECONCILIATION OF FUNDS
Total funds brought forward			423,724	433,093
TOTAL FUNDS CARRIED FORWARD			4,912,367	423,724

			2020	2019
			Unrestricted	Total
			fund	funds
		Notes	E	E
FIXEDASSETS
Investments
Investments			402,537	404,194
Investment	property		2,720,000
			3,122,537	404,194
CURRENT ASSETS
Debtors		10	6,847	8,538
Cash at bank			1,782,983	44,992
			1,789,830	53,530
CREDITORS
Amounts falling due within one year				(34,000)
NET CURRENT ASSETS			1,789,830	19,530
TOTAL ASSETS LESSCURRENT LIARIUTIES			4,912,367	423,724
NET ASSETS			4,912,367	423,724
FUNDS
Unrestricted	funds		4,912,367	423,724
TOTAL FUNDS			4,912,367	423,724

					PERIOD	PERIOD
					29/10/19	30/10/18
					TO	TO
					26/10/20	28/10/19
				Notes	E	f
Cash flows from operating	activities
Cash generated from operations					4,452,754	4,388
Net cash provided by operating		activities			4,452,754	4,388
Cash flows from investing	activities
Purchase ofinvestment property					(2,720,000)
Dividends received					5,237	8,115
Net cash (used in)/provided	by investing			activities	(2,714,763)	8,115
Change in cash and cash equivalents			in the
reporting period					1,737,991	12,503
Cash and cash equivalents	atthe beginning
ofthe reporting period					44,992	32,489
Cash and cash equivalents	atthe end		of
the reporting period					1,782,983	44,992

				PERIOD	PERIOD
				29/10/19	30/10/18
				TO	TO
				26/10/20	28/10/19
				f	E
Net income/(expenditure}		forthe reporting	period (as per the
Statement ofFInancial Activities)				4,488,643	(9,369)
Adjustments for:
Losses/(gain) on investments				1,657	(18,937)
Dividends received				(5,237)	(8,115)
Decrease in debtors				1,691	6,809
(Decrease)/increase	in creditors			(34,000)	34,000
Net cash provided	by operations			4,452,754	4,388

	DONATIONS AND LEGACIES
	Donations Donations from other charities Sale ofArt PERIOD 29/10/19 TO 26/10/20 E 4,515,027 PERIOD 30/10/18 TO 28/10/19 E 600 1,000 4,515,027 1,600 INVESTMENT INCOME Founders Combined Charity Income CIF PERIOD 29/10/19 TQ 26/10/20 E 5,237 PERIOD 30/10/18 TO 28/10/19 E 8,115
3.	INVESTMENT INCOME Founders Combined Charity Income CIF

3.	INVESTMENT INCOME
	Founders Combined Charity Income CIF

CHARITABLE ACTIVITIES COSTS
			Grant
			funding of
			activities
			(see note
			3)
			E
Grants payable to individuals			3,917
GRANTS PAYABLE
		PERIOD	PERIOD
		29/10/19	30/10/18
		TO	TO
		26/10/20	28/10/19
		E	E
Grants payable to individuals		3,917	4,999
Christ's Hospital			33,000
		3,917	37,999
The total grants paid to institutions	during the period was as follows:
		PERIOD	PERIOD
		29/10/19	30/10/18
		TO	TO
		26/10/20	28/10/19
		E	E
Christ's Hospital			33,000

		Incoming	Resources	Gains and	Movement
		resources	expended	lasses	in funds
		E	E	E
Unrestricted	funds
General fund		4,520,264	(29,964)	(1,657)	4,488,643
TOTAL FUNDS		4,520,264	(29,964)	(1,657)	4,488,643

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		9,715	(38,021)	18,937	(9,369)
TOTALFUNDS		9,715	(38,021)	18,937	(9,369)