| Unrestricted | Designated | Endowment | ||||
|---|---|---|---|---|---|---|
| Notes | funds | funds | funds | Total | Total | |
| Income and endowments | ||||||
| Income from generated | funds | |||||
| Investment income |
||||||
| Rent from Trust properties | 157,256 | 157,256 | 158,552 | |||
| Dividends from investments |
4,128 | 4,128 | 4,400 | |||
| Bank interest receivable | 1,045 | 1,045 | 1,151 | |||
| Total income | 158,301 | 4,128 | 162,429 | 164,103 | ||
| Expenditure | ||||||
| Costs ofgenerating funds |
||||||
| Costs ofgenerating rental |
income | |||||
| Agent's fees | 14,420 | 14,420 | 14,596 | |||
| Repairs and maintenance | 39,714 | 39,714 | 63,799 | |||
| Insurance | 5,545 | 5,545 | 5,211 | |||
| 59,679 | 69679 | 93,696 | ||||
| Charitable activities |
||||||
| Grants awarded | 2 | 37,108 | 37,108 | 31,210 | ||
| ~Srt | ||||||
| Clerk's honorarium | 1,200 | 1,200 | 1,200 | |||
| Trustees' liability insurance |
191 | 191 | 185 | |||
| Examiner's fees | 840 | 840 | 888 | |||
| 39,339 | 39,339 | 33,483 | ||||
| Total expenditure | 99,018 | 99,018 | 117,089 | |||
| Net income (expenditure) | ||||||
| before investment gains |
(losses) | 59,283 | 4,128 | 63,411 | 47,014 | |
| Net gains (losses) on investments | 3,183 | 3,183 | 2,430 | |||
| Net movement in funds |
59,283 | 7,311 | 66,594 | 49,444 | ||
| Total funds brought forward | 367,633 | 107,549 | 3,114,000 | 3,589,182 | 3,539,738 | |
| Total funds carried forward | 426,916 | 114,860 | 3,114,000 | 3,655,776 | 3,589,182 |
| Assets | and liabilities | |||
|---|---|---|---|---|
| Assets | and liabilities are included | in the balance sheet at the | following amounts: | |
| Land and buildings | At market value | |||
| Investments | At market value | |||
| Other current assets | At the lower of cost and net realisable | value | ||
| Liabilities | At their settlement | value |
| These | investments are shown at |
mar | ket value at the b | alance sheet date. | ||
|---|---|---|---|---|---|---|
| Fixed | asset investments | |||||
| Market value at beginning | ofyear | 3,221,549 | ||||
| Add: additions to investments | at cost | 29,128 | ||||
| Less: disposals at carrying | value | |||||
| Add/(deduct): gain/(loss) |
on valuation | 3,183 | ||||
| Market value at end ofyear | 3,253,860 | |||||
| Analysis ofinvestments | Market | Income | ||||
| value at | durfng | |||||
| 31-Dec-20 | period | |||||
| f | ||||||
| Investment properties |
3,114,000 | 157,256 | ||||
| Charinco Common Investment |
Fund | 114,860 | 4,128 | |||
| Green Pastures CBSLtd | loan | stock | 25,000 | |||
| 3,253,860 | 161,384 | |||||
| 4.Debtors | ||||||
| 31-Dec-20 | 31-Dec-19 | |||||
| Prepayments | 1,520 | 1,444 | ||||
| Other debtors | 6,738 | 5,548 | ||||
| 8,258 | 6,992 | |||||
| 5.Creditors | ||||||
| Other creditors | 4.583 | 15.425 |
| .Movements | in funds | ||||||
|---|---|---|---|---|---|---|---|
| At 1 | Gslnsl | Transfers | At 31 | ||||
| January | (losses) on | between | December | ||||
| 2020 | Income | Expenditure | investments | funds | 2020 | ||
| E | E | E | |||||
| Endowment | fund | 3,114,000 | 3,114,000 | ||||
| Unrestricted | income funds | ||||||
| Emergency | repair fund | 107,549 | 4,128 | 3,183 | 114,860 | ||
| General fund | 367,633 | 'I58,301 | (99,018) | 426,916 | |||
| 3,589,182 | 162,429 | 99,018 | 3,183 | 3,655,776 |
| Analysis of | net assets between funds | |||
|---|---|---|---|---|
| Investment | Nst current | |||
| assets | assets | Total | ||
| E | E | E | ||
| Endowment | fund | 3,114,000 | 3,114,000 | |
| Unrestricted | income funds | |||
| Emergency | repair fund | 114,860 | 114,860 | |
| General fund | 25,000 | 401,916 | 426,916 | |
| 3,253,860 | 401,916 | 3,655,776 |