| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fUIlds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
100 | |||||
| Other trading activities | 149,086 | 149,086 | 131,818 | |||
| Investment income |
70 | 70 | 841 | |||
| Other income | 2,966 | 2@66 | 152,216 | |||
| Total | 152,122 | 152,122 | 284,975 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Donations | 47,459 | 47,459 | 28,365 | |||
| Other | 84@60 | 151,231 | 235@91 | 66,524 | ||
| Total | 131/19 | 151,231 | 283,050 | 94,889 | ||
| NET INCOME/(EXPENDITURE) | 20@03 | (151,231) | (130/28) | 190,086 | ||
| Transfers between funds | 28,006 | (28,006) | ||||
| Net movement in funds |
48/09 | (179,237) | (130/28) | 190,086 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 972,426 | 179,237 | 1,151,663 | 961,577 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,020,735 | 1,020,735 | 1,151,663 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fullds | fullds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 422,642 | 422,642 | 418,928 | ||
| CURRENT ASSETS | |||||
| Debtors | 3,650 | 3,650 | 3,588 | ||
| Investments | 45/60 | 45/60 | 80,260 | ||
| Cash atbank and in hand | 553,022 | 553,022 | 654,717 | ||
| 601/32 | 601832 | 738,565 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (3,839) | (3,839) | (5,830) | |
| NET CURRENT ASSETS | 598,093 | 598,093 | 732,735 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,020,735 | 1,020,735 | 1,151,663 | ||
| NKT ASSETS | 1,020,735 | 1,020,735 | 1,151,663 | ||
| FUNDS | |||||
| Unrestricted funds: |
|||||
| General fund | 835,735 | 787,426 | |||
| Designated Reserve |
185,000 | 185,000 | |||
| 1,020,735 | 972,426 | ||||
| Restricted funds | 179,237 | ||||
| TOTAL FUNDS | 1,020%735 | 1,151,663 |
| Freehold | property | depreciation | is not provided |
|---|---|---|---|
| Fixtures | and fittings | 15%on cost |
| 2, | OTHER TRADING ACTIVITIES | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Hostel fees | 149,086 | 131,818 | ||
| 3, | INVESTMENT INCOME | |||
| 2021 | 2020 | |||
| Deposit account interest | 70 | 841 | ||
| 4, | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): |
||||
| 2021 | 2020 | |||
| Depreciation - owned assets | 882 | 2,274 | ||
| TRUSTEES' REMUNERATION | AND BENEFITS |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Administration | 1 | 1 | ||
| No employees | received emoluments | in excess ofQi0.000. |
| 7. | TANGIBLE FIXEDASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| Freehold | and | |||
| property | fittings | Totals | ||
| COST | ||||
| At 1stJanuary 2021 | 417/65 | 65,144 | 483,009 | |
| Additions | 4/96 | 4/96 | ||
| At 31stDecember 2021 | 417/65 | 69,740 | 487,605 | |
| DEPRECIATION | ||||
| At 1stJanuary 2021 | 64,081 | 64,081 | ||
| Charge for year | 882 | 882 | ||
| At 31stDecember 2021 | 64@63 | 64/63 | ||
| NET BOOKVALUE | ||||
| At 31stDecember 2021 | 417,865 | 4,777 | 422,642 | |
| At 31stDecember 2020 | 417,865 | 1.063 | 418.928 | |
| 8. | DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Prepayments | 3,650 | 3,588 | ||
| 9. | CURRENT ASSETINVESTMENTS | |||
| 2021 | 2020 | |||
| Loan to Orlov | 45/60 | 80,260 | ||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Social security and other taxes | 1,055 | 406 | ||
| Accrued expenses | 2,784 | 5,424 | ||
| 3/39 | 5,830 |
| 11, | MOVEMENT IN FUNDS | MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At, | ||||
| At 1.1,21 | in funds | funds | 31.12.21 | |||
| Unrestricted funds |
||||||
| General fund | 787,426 | 20@03 | 28,006 | 835,735 | ||
| Designated Reserve |
185,000 | 185,000 | ||||
| 972/26 | 20,303 | 28,006 | 1,020,735 | |||
| Restricted funds | ||||||
| Prof. Cymbalistyj | Foundation | 179@37 | (151431) | (28,006) | ||
| TOTAL FUNDS | 1,151,663 | (130@28) | 1,020,735 | |||
| Net movement in |
funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 152,122 | (131/19) | 20403 | |||
| Restricted funds | ||||||
| Prof. Cymbalistyj | Foundation | (151,231) | (151,231) | |||
| TOTAL FUNDS | 152/22 | (283,050) | (130/28) | |||
| Comparatives for movement |
in funds | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.20 | in funds | funds | 31.12.20 | |||
| Unrestricted funds |
||||||
| General fund | 637,340 | 190,086 | (40.000) | 787,426 | ||
| Designated Reserve |
145,000 | 40,000 | 185,000 | |||
| 782,340 | 190,086 | 972,426 | ||||
| Restricted funds | ||||||
| Prof. Cymbalistyj | Foundation | 179,237 | 179,237 | |||
| TOTALFUNDS | 961,577 | 190,086 | 1,151,663 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 284.975 | (94,889) | 190,086 | |
| TOTAL FUNDS | 284,975 | (94.889) | 190,086 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.21 | ||
| Unrestricted funds |
|||||
| General fund | 637,340 | 210,389 | (11.994) | 835,735 | |
| Designated Reserve |
145,000 | 40.000 | 185,000 | ||
| 782,340 | 210,389 | 28,006 | 1.020,735 | ||
| Restricted funds | |||||
| Prof. Cymbalistyj | Foundation | 179,237 | (151,231) | (28,006) | |
| TOTAL FUNDS | 961,577 | 59.158 | 1,020,735 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 437.097 | (226,.708) | 210,389 | |
| Restricted funds | ||||
| Prof. Cymbalistyj | Foundation | (151.231) | (151,231) | |
| TOTAL FUNDS | 437,097 | (377.939) | 59,158 |