OpenCharities

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2021-12-31-accounts

Page
Officers andAdvisers 1
ReportoftheTrustees 2/3
IndependentExaminer'sReport 4
StatementofFinancialActivity 5
BalanceSheet 6
NotestotheAccounts 7-10

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Note 2021 2020
£ £
Investments 2,246,778 1,979,368
CurrentAssets
CashatBank 25,822 53,208
CurrentLiabilities
Accruals 1,210 1,170
NetCurrentAssets 24,612 52,038
TOTALNETASSETS 2,271,390 2,031,406
Representedby:
EndowmentFund(Restricted) 2,246,778 1,979,368
UndistributedIncome(Unrestricted) 24,612 52,038
TOTALFUNDS 2,271,390 2,031,406

INVESTMENTINCOME
2021 2020
£ £
DistributionsonCOIFIncomeUnits 60,543 59,033
InterestonCOIFCharitiesDeposit 3 64
60,546 59,097
CHARITABLEACTIVITIES
2021 2020
£ £
GrantstoCharitableInstitutions
OverseasMissionaryFellowship 4,000 2,000
CarefortheFamily 9,000 8,000
OpenDoorsExmouth 2,000 1,000
AllNationsChristianCollege 5,000 10,000
BibleSociety 4,000 2,000
PalmTreeAssociates 7,000 5,000
LifeWords 4,000 2,000
SeawayTrust 5,000
AliveintheSpirit 1,000
StFrancis 5,000
ChoicesPregnancyCentre 11,260
TivertonVineyardChurch 11,500
Hoveraid 3,000
CHAT 10,000
EncounterChristianity 5,000
SEANUK 3,500
ExeterYMCA 750
MedicMalawi 2,400
ChristianPublishing&Outreach 2,000
Lamps 1,000
OACAlbania 4,500
Unseen 2,500
TheBigGive 188
86,760 46,838
SupportCosts
IndependentExaminationFee 1,210 1,183
87,970 48,201

4. INVESTMENTS
2021 2020
£ £
719,038COIFEthicalInvestmentFund-
Incomeunits:cost 239,330 239,330
MarketValueasat1January 1,979,368 1,861,661
Unrealisedgainarisinginyear 267,410 117,707
MarketValueasat31December 2,246,778 1,979,368
TheseinvestmentsareheldintheUnited ingdom
5. BANK
2021 2020
£ £
COIFCharitiesDeposit Fund 15,898 45,352
BarclaysCommunityAccount 9,924 7,856
25,822 53,208
6. ACCRUALS
2021 2020
£ £
IndependentExaminer 1,210 1,170
7. FUNDMOVEMENT
2021 Unrestricted Restricted TotalFunds
Funds 2021 Funds2021 2021
£ £ £
Balancebroughtforward 52,038 1,979,368 2,031,406
IncomingResources 60,546 - 60,546
OutgoingResources (87,972) - (87,972)
NetGains/(Losses)onInvestments 267,410 267,410
Balancecarriedforward 24,612 2,246,778 2,271,390

7. FUNDMOVEMENT(CONTINUED)
2020 Unrestricted Restricted TotalFunds
Funds2020 Funds2020 2020
£ £ £
Balancebroughtforward 40,962 1,861,661 1,902,623
IncomingResources 59,097 59,097
OutgoingResources (48,021) (48,021)
NetGains/(Losses)onInvestments 117,707 117,707
Balancecarriedforward 52,038 1,979,368 2,031,406
8. NETASSETSBETWEENFUNDS
2021 Unrestricted Restricted TotalFunds
Funds2021 Funds2021 2021
£ £ £
Investments 2,246,778 1,979,368
CashatBank 25,822 25,822
Accruals (1,210) (1,210)
NetAssets 24,612 2,246,778 2,271,390
2020 Unrestricted Restricted TotalFunds
Funds2020 Funds2020 2020
£ £ £
Investments 1,979,368 1,979368
CashatBank 53,208 53,208
Accruals (1,170) (1,170)
Net Assets 52,038 1,979,368 2,031,406