| Forthe year ended 31March 2021 | Forthe year ended 31March 2021 | |||
|---|---|---|---|---|
| Note | 2021 | 2020 | ||
| 8 | 5 | |||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| Incoming Resources | ||||
| Investment income |
58,103 | |||
| Total Incoming Resources | 48,433 | 58,103 | ||
| Resources Expended | ||||
| Expenditure on charitabie activities |
55,110 | 46,348 | ||
| Governance snd administration |
costs | 5,'720 | 5,744 | |
| Total Resources Expended | 60,830 | 52,092 | ||
| Net Outgoing Resources forthe year |
(12,397) | 6,011 | ||
| Other Recognised Gains I(losses) | ||||
| Gains I(losses) on investment | assets | 292,414 | (174,152) | |
| Net movement in funds |
280,017 | (168,141) | ||
| Reconciliation offunds |
||||
| Total funds brought forward |
1,657,292 | 1,825,433 | ||
| Total funds carried forward | 1,937,309 | 1,657,292 |
| As at 31 INarch 2021 | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Fixed Assets | |||
| Investments | |||
| Common Investment |
Funds | 1,892,975 | 1,600,561 |
| Total Fixed Assets | 1,892,975 | 1,600,561 | |
| Current Assets | |||
| Current asset investment | 20,000 | 20,M0 | |
| Cash at bank and in hand | 81,874 | 67,041 | |
| Total Current Assets | 81,874 | 87,041 | |
| l.iabilitles: amounts |
falling due | ||
| within one year | (37,540) | (30,310) | |
| Net Current Assets | 44,334 | 55,731 | |
| Net Assets | 1,937,309 | 1,657,292 | |
| The Funds ofthe Society (all unrestricted) | |||
| Long-Term Capital Fund |
1,892,975 | 1.600,561 | |
| Working Capital Fund | 44,334 | 55,731 | |
| Total Society Funds | 1,937,309 | 1,657,292 |
| 2020 | ||
|---|---|---|
| Dlvfdsflds | 48,171 | 50,713 |
| Ihtefest mcslvsd | 1,300 |
| Grants were made to | the governing | the governing | bodies ofthe fallowing dioceses | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Antsiransna, Madagascar, |
(two grants) | 8,500 | 10,000 | ||
| Seliza | 5,000 | 5,000 | |||
| Codrlngton College |
|||||
| Mshajange, Madagascar |
6,910 | ||||
| Mf!UntlUS | 10,000 | ||||
| North East Caribbean | and | Ambs | fi,coo | ||
| Seychelles (two grants) | 6,000 | 10,000 | |||
| StVincent end the Grenadines | 6.000 | ||||
| Trinidad and Tobago | S,ggg | 5,000 | |||
| The Windward isles |
5,000 | 10,000 | |||
| 50410 | 45,000 |
| 5 | Governance | costs | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 5 | 0 | |||
| Administrative | costs | 3,680 | 3,704 | |
| Audit | 2,040 | 2,040 |
| 6 | Investmsnts | ||
|---|---|---|---|
| 2020 | |||
| Investments held as fixed assets |
|||
| Common Investment Funds |
|||
| Market Value at 1 April 2020 | 1,600,561 | 1,774,713 | |
| Unrealised Investment gains/Sossss) |
292,414 | (174,152) | |
| Market value at 31 March 2021 | 1,892,976 | 1,600,561 | |
| Histonc cost at 31 March 2021 | 1,581,240 | 1,591,240 | |
| Investments held ss current assets |
|||
| Common Investment Funds |
|||
| Market value at 31 March 2021 | 20,000 | 20,000 |
| Long-Term | Working | Total | |||
|---|---|---|---|---|---|
| CspitslFund | CapltalFund | Funds | |||
| 8 | 8 | 8 | |||
| Balances | at 1stApril 2020 | 1,600,561 | 56,731 | 1,657,292 | |
| Deficit for | the year | (12,397) | (12,397) | ||
| Unresfised | rnvssbllsrrl | gslrl | 292,414 | 292,414 | |
| Balances | at 31stMarch 2021 | 1,892,975 | 44,334 | 1,937,309 |