| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Funds | Funds | |||
| Note | 2020 | 2019 | ||
| INCOME | ||||
| Donations, legacies |
and grants | 5,318 | 5,163 | |
| Investments | 39,961 | 52,895 | ||
| TOTAL INCOME | 45,279 | 58,058 | ||
| EXPENDITURE | ||||
| Raising funds | 14,321 | 14,885 | ||
| Grant making activities | 152,000 | 71,934 | ||
| TOTAL EXPENDITURE | 166,321 | 86,819 | ||
| NET (EXPENDITURE) | (1211042) | (28,761) | ||
| Gains/(losses) on investments |
(34,464) | 192,643 | ||
| NET MOVEMENT | IN FUNDS | (155,506) | 163,882 | |
| RECONCILIATION OFFUNDS: |
||||
| Total funds brought | forward | 1,803,205 | 1,639,323 | |
| TOTAL FUNDS CARRIED FORWARD | 1,647,699 | 1,803,205 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| INVESTMENTS | |||||
| Assets invested in equities |
1,543,574 | 1,692„359 | |||
| CURRENT ASSETS | |||||
| Debtors | 8,427 | 10,883 | |||
| Cash held on deposit | 70,215 | ||||
| Cash at bank and in | hand | 97,199 | 30,955 | ||
| 105,626 | 112,053 | ||||
| CREDITORS: | |||||
| Amounts falling due |
within one year | (1,501) | (1,207) | ||
| NET CURRENT ASSETS | 104,125 | 110,846 | |||
| TOTAL ASSETS | 1,647,699 | 1,803,205 | |||
| FUNDS | |||||
| Unrestricted Funds |
|||||
| GENERAL FUND | 1,647,699 | 1,803,205 | |||
| (includes Revaluation | Reserve off317,395(2019:6316,700) | ||||
| TOTAL FUNDS | 1,647,699 | 1,803,205 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2020 | 2019 | ||||||
| 2. DONATIONS AND GRANTS |
|||||||
| General donations - inc tax reclaim | 5,318 | 5,163 | |||||
| 3.OTHER INCOME | |||||||
| Bank interest received | 133 | 550 | |||||
| Dividends received |
39,828 | 52,345 | |||||
| 39,961 | 52,895 | ||||||
| 4. RAISING FUNDS | |||||||
| The charity does not solicit funds | from | the general public. Most ofits | income comes &om dividends | relating to its | |||
| investment portfolio. The management |
fees charged by the investment | company | are charged to raising funds. | ||||
| 5. GRANT MAKING ACTIVITIES FEBA - Community Health, Sierra Leone |
g 7,500 |
||||||
| International Nepal Fellowship - |
Training, Nepal |
10,000 | 7,500 | ||||
| The Brickworks (Public health staff training, S.Sudan) | 6,500 | ||||||
| HCR Maharastra | 20,000 | ||||||
| Semiliki Trust - Hospital Building | DRC | 20,000 | |||||
| Medic Assist International -Palliative |
Care, India | 30,000 | 10,000 | ||||
| Peace and Hope Trust -Freight to | Nicaragua | 10,000 | |||||
| Worldshare -medical equipment |
and staff training DRCongo | 20,000 | 10,000 | ||||
| PRIME - Comm Health Pak Friends ofMandritsara |
20,000 | 2,500 20,000 |
|||||
| EMMS Nepal | 12,000 | ||||||
| EMMS Malawi bldg | 12,500 | ||||||
| Total grants payable | 148,500 | 70,000 | |||||
| Support costs: | |||||||
| General administrative costs |
1,655 | 204 | |||||
| Governance costs |
105 | 340 | |||||
| Independent Examiner's fees |
1,740 | 1,390 | |||||
| Total support costs | 3,500 | 1,934 | |||||
| TOTAL GRANT MAKING ACTIVITIES | 152,000 | 71,934 | |||||
| There were no grants paid to individuals | during the year (2019:none). | ||||||
| No remuneration was paid to any trustees meetings which amounted |
Trustee in respect ofsuch office. Expenses were tof14(2019:f196)in the year. |
paid to 1 trustees | (2019:3)for travel to | ||||
| 6.DEBTORS - due within one year |
|||||||
| Debtor for tax recovery | 55 | ||||||
| Other debtors Total debtors |
8,427 8,427 |
10,828 10„883 |
|||||
| 7. CREDITORS - amounts falling |
due within one year | ||||||
| General Accruals Total creditors |
1,501 1,501 |
1,207 1,207 |
|||||
| PAGE 9 |
| 8 | YEAR ENDED 31DEC | EMBER2020 | ||
|---|---|---|---|---|
| .INVESTMENTS | Cash with | Listed | ||
| Broker | Investments | Total | ||
| Movements during the |
year were as follows: | |||
| Quoted market value at 1stJanuary 2020 | 32,320 | 1,660,039 | 1,692,359 | |
| Additions | (304,626) | 304,626 | ||
| Disposals | 389,881 | (389,881) | ||
| Cash movements | 510 | (510) | ||
| Capital drawdown Fees and charges Net realised investment gains/(loss) Net unrealised investment gains |
(100,000) (14,321) |
(63,851) 29,387 |
(100,000) (14,321) (63,851) 29,387 |
|
| Quoted market value | at31stDecember 2020 | 3,764 | 1,539i810 | 1,543,574 |
| Historic cost at 31stDecember 2020 | 3,764 | 1,222,415 | 1,226,179 | |
| 9.ANALYSIS OF NET ASSETSBETWEEN FUNDS | Investments, | Other net | ||
| deposits and | Current | Total | ||
| cash at Bank | Assets/(Liab) | Assets | ||
| Analysis for 2020 Unrestricted Funds |
2020 (K) 1,640,773 |
2020 (K) 6,926 |
2020 (K) 1,647,699 |
|
| Overall Funds 2020 | 1,640,773 | 6,926 | 1,647,699 | |
| Comparison for 2019 Unrestricted Funds |
2019(K) 1,793,529 |
2019(K) 9,676 |
2019(f.) 1,803,205 |
|
| Overall Funds 2019 | 1,793,529 | 9,676 | 1,803,205 |