| Unrestricted | Designated | Endowment | ||||
|---|---|---|---|---|---|---|
| Notes | funds | funds | funds | Total | Total | |
| Income and endowments | ||||||
| Income from generated | funds | |||||
| Investment income |
||||||
| Rent from Trust properties | 167,614 | 167,614 | 157,256 | |||
| Dividends from investments |
500 | 3,545 | 4,045 | 4,128 | ||
| Bank interest receivable | 981 | 981 | 1,045 | |||
| Total income | 169,095 | 3,545 | 172,640 | 162,429 | ||
| Expenditure | ||||||
| Costs ofgenerating funds |
||||||
| Costs ofgenerating rental |
income | |||||
| Agent's fees | 15,092 | 15,092 | 14,420 | |||
| Repairs and maintenance | 122,213 | 122,213 | 39,714 | |||
| Utilities | 467 | 467 | ||||
| Insurance | 9,451 | 9,451 | 5,545 | |||
| 147,223 | 147,223 | 59,679 | ||||
| Charitable activities |
||||||
| Grants awarded | 46,497 | 46,497 | 37,108 | |||
| Su ort costs |
||||||
| Clerk's honorarium | 1,350 | 1,350 | 1,200 | |||
| Trustees' liability insurance |
232 | 232 | 191 | |||
| Examiner's fees | 840 | 840 | 840 | |||
| 48,919 | 48,919 | 39,339 | ||||
| Total expenditure | 196,142 | 196,142 | 99,018 | |||
| Net income (expenditure) | ||||||
| before investment gains |
(losses) | (27,047) | 3,545 | (23,502) | 63,411 | |
| Net gains (losses) on investments | (7,785) | (7,785) | 3,183 | |||
| Net movement in funds |
(27,047) | (4,240) | (31,287) | 66,594 | ||
| Total funds brought forward |
426,916 | 114,860 | 3,114,000 | 3,655,776 | 3,589,182 | |
| Total funds carried forward | 399,869 | 110,620 | 3,114,000 | 3,624,489 | 3,655,776 |
| Market value at beginning | Market value at beginning | of year | of year | 3,253,860 | |
|---|---|---|---|---|---|
| Add: additions | to investments | at cost | 3,545 | ||
| Less: disposals at carrying value | |||||
| Add/(deduct): | gain/(loss) | on valuation | (7,785) | ||
| Market value at end ofyear | 3,249,620 | ||||
| Analysis ofinvestments | Market | Income | |||
| value at | during | ||||
| 31-Dec-21 | period | ||||
| Investment properties |
3,114,000 | 167,614 | |||
| BLKCharities | UK Bond Fund | 110,620 | 3,545 | ||
| Green Pastures CBS Ltd | loan | stock | 25,000 | 500 | |
| 3,249,620 | 171,659 | ||||
| btors | |||||
| 31-Dec-21 | 31-Dec-20 | ||||
| Prepayments | 2,842 | 1,520 | |||
| Other debtors | 22,131 | 6,738 | |||
| 24,973 | 8,258 | ||||
| editors | |||||
| Other creditors | 24,875 | 4,593 |
| Ilovements | in funds | ||||||
| At 1 | Gains/ | Iansfers | At 31 | ||||
| January | (losses) on | between | December | ||||
| 2020 | Income | Expenditure | investments | funds | 2020 | ||
| Endowment | fund | 3,114,000 | 3,114,000 | ||||
| Unrestricted | income funds | ||||||
| Emergency | repair fund | 114,860 | 3,545 | (7,785) | 110,620 | ||
| General fund | 426,916 | 169,095 | (196,142) | 399,869 | |||
| 3,655,776 | 172,640 | 196,142 | 7,785 | 3,624,489 |
| Analysis of | net assets between funds | |||
|---|---|---|---|---|
| Investment | Net current | |||
| assets | assets | Total | ||
| Endowment | fund | 3,114,000 | 3,114,000 | |
| Unrestricted | income funds | |||
| Emergency repair fund General fund |
110,620 25,000 |
374,869 | 110,620 399,869 |
|
| 3,249,620 | 374,869 | 3,624,489 |