2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 5
Statement of Trustees'	Responsibilities
Independent Auditors'	Report	7to 10
Statement of Financial	Activities
Balance Sheet		12
Notes to the Financial	Statements	13to 21

Chairman	Chairman			Ms Sue Jude
Trustees				Mr Nileshchandra	Joshi (resigned 18January 2021)
				Mr Timothy Boothman
				Mr Samuel Houston
				Ms Sue Jude
Principal		Office		Evelyn House 22 Windlesham	Gardens
				Shoreham by Sea
				West Sussex
				BN43 5AZ
Charity Registration			Number	262T04
Au	ito			Lucraft Hodgson	& Dawes LLP
				Chartered Accountants
				2/4 Ash Lane
				Rustington
				West Sussex
				BN16 3BZ

Statement ofFinancial Act	ivities for the Year	Ended 31 December	2020
		Note	Unrestricted	Total 2020
				8
Income and Endowments	from:
Donations and legacies			3,884	3,884
Investment income			25+66	25,466
Total Income			29,350	29,350
Expenditure on: Raising funds			(11,166)	(11,168)
Charitable activities			(44,728)	(44,728)
Total Expenditure			55894	55894
Gains/losses on investment	assets		(105,233)	(105,233)
Net movement in funds			(131,777)	(131,777)
Reconciliation offunds
Total funds brought forward			1,031,127	1,031,127
Total funds carried forward		14	899,360	899,350
		Note	Unresdlcted	Total 2019
				6
Income and Endowments	from:
Donations and legacies			6,669	5,669
Investment income			40,479	40,479
Total Income			46,148	46,148
Expenditure on: Raising funds			(8,449)	(6,449)
Charitable activities			(70,171)	(70,171)
Total Expenditure			76620	76620
Gains/losses on investment	assets		88,094	88,094
Net movement in funds			57,622	57,622
Reconciliation offunds
Total funds brought forward			973,608	973,608
Total funds carried forward		14	1,031,130	1,031,130

Balance She	et as at	31December 2020
			0e	2020 8	2019 8
Fixed assets
Tangible assets			10	137	137
Investments			11	949,887	1,023,574
				960024	1023711
Current assets
Debtors			12	3,006	1,897
Cash at bank	and in hand			67,202	132,052
				70,208	133,949
Creditors: Amounts		falling due within one year	13	(120,940)	(126,530)
Net current (liabilities)/assets				(60,732)	7,4'I9
Net assets				899,292	1,031,130
Funds ofthe	charity:
Unresti1cted	income	funds
Unrestricted				899,360	1,031,130
Total funds			14	899,360	1,031,130

2 Incom	e from donations	and legacies
			Unrestricted funds	Total
			General	funds
			6	6
Donations	and legacies;
Donations from individuals			3,669	3,669
Other income from donations		and legacies	325	326
Total for	2020		3,884	3,884
Total for	2019		s,eee	5,869

3 Investment Inc	ome
		Unrestricted funds	Total
		General	funds
interest receivable	and similar income;
Interest receivable on bank deposits		21	21
Other income from	fixed asset investments	25,445	26,445
Total for 2020		25,466	26,486
Total for2019		40,479	40,479

a) Investment	management	costs
				Unrestricted funds	Total
			Note	General	funds
Other investment	management	costs;
Other porffolio	management	costs		11,166	11,166
Total for 2020				11,166	11,186
Total for 2019				6,449	6,449

5 Expen	diture on charitable activities
			Unrestricted funds	Total
		Note	General	funds
Grant funding ofactivities			29,304	29,304
Allocated	support costs		222	222
Governance costs			15,202	16,202
Total for	2020		44,728	44,728
Total for	2019		70,171	70,171

Governance cos	ts
		Unrestricted funds	Total
		General	funds
		8	8
Audit fees
Audit ofthe financial statements		3,480	3,480
Other governance	costs	11,722	11,722
Total for 2020		16,202	15,202
Total for 2019		16,943	15,943

				2020	2019
					8
Audit	ofthe	financial	statements	3,480	3,480

10Tangible fixed assets
	Furniture and equipment	Total
	6
Cost
At 1 January 2020	13,618	13,618
At 31 December 2020	13,818	13,618
Depreciation At 1 January 2020	13,481	13,481
At 31 December 2020	13,481	13,481
Net book value
At 31 December 2020	137	137
At 31 December 2019	137	137

Other investments
	Listed investments	7
	5
Cost orValuation
At 1 January 2020	1,023,574	1,023,574
Revaluation	(47,937)	(47,937)
Additions	577,802	577,802
Disposals	(603,662)	(603,562)
At 31 December 2020	949,887	949,887
Net book value
At 31 December 2020	949,887	949,887
At 31 December 2019	1,023,574	1,023,674

12Debtors
	2020	2019
		5
Prepayments	1,126
Other debtors	1,881	1,897
	3006	1897

13Creditors: amounts falling due within o	ne year
	2020	2019
		8
Other creditors	96,855	116,632
Accruals	24,086	9,898
	120940	126630

14Funds
		Balance at 1January 2020 5	Incoming resources 5	expended	g	Other N I(I recognised ns oases 5	)	Balance at December 5
Unrestricted	funds
General		1,031,127	29,026	(66,669)		(106,233)		899,360
		Balance at 1January 2019 5	Incoming resources E	Resources	Other recognised gains/(losses)			Balance at 31 December 2019 5
Unrestricted	funds
General		973,508	44,081	(74,553)		88,094		1,031,130

		Unrestricted
		General	Total funds
			5
Tangible	fixed assets	137	137
Fixed asset investments		949,887	949,887
Current	assets	70,208	70,208
Current	liabilities	(120,940)	(120,940)
Total net assets		899,292	899,292

National Federation ofSubpostm	National Federation ofSubpostm	asters Benevolent Fund
Statement of Financial Activities		by fund for the Year Ended 31 December 2020
		Total	Total
		Unrestricted	Unrestricted
		Funds	Funds
		2020	2019
Income and Endowments	from:
Donations and legacies		3,884	s,ssa
investment income		25,466	40,479
Total income		29,360	46,148
Expenditure on:
Raising funds		(11,166)	(6,449)
Charitable activities		(44,728)	(70,171)
Total expenditure		(66,894)	(76,620)
Gains/losses on investment	assets	(106,233)	88,094
Net (expenditure)/Income		(131,777)	67,622
Net movement In funds		(131,777)	57,622
Reconciliation offunds
Total funds brought forward		1,031,127	973,508
Total funds carried forward		899,350	1,031,130

						Total	Total
						2020	2019
						6	6
Income and Endowments		from:
Donations and legacies	(analysed			below)		3,884	5,669
Investment income (analysed			below)			25,466	40,479
Total income						29,350
Expenditure on:
Raising funds (analysed	below)					(11,166)	(6,449)
Charitable activities (analysed			below)			(44,728)	(70,171)
Total expenditure						(55,894)	(76,620)
Gains/losses on investment		assets		(analysed	below)	(105,233)
Net (expenditure)/Income						(131,777)	57,622
Net movement In funds						(131,777)	67,622
Reconciliation offunds
Total funds brought forward						1,031,127	973,508
Total funds carried forward						899,350	1,031,130

Detailed Statement	of F	ina	ncial	Activities for the Year	Ended 31 December 2020
					Total	Total
					2020	2019
					8	8
Donations and legacies
Appeals and donations					3,559	3,602
Fundraising events					325	2,067
					3884	6669
Investment Income
Income from listed investments					25,445	40,295
Interest on cash deposits					21	184
					26466	40479
Raising funds
Porffolio management	costs				(11,166)	(6449)
					11166	6449
Charitable actlvitles
Grants payable - individuals					(29,304)	(53,521)
Travelling					(222)	(78)
Trade subscriptions						(629)
Clerical assistance					(12,000)	(12,000)
The audit ofthe charity's		annual		accounts	(3,480)	(3,480)
Printing, postage and	stationery					(269)
Bank charges						(30)
Foreign currency (gains)/losses					278	(164)
					44 728	70171
Gains/losses on investment			assets
Revaluation reserve	- investment			assets	(47,937)	66,014
Realised investment	gains				(57,296)	22,080