| Page | ||
|---|---|---|
| Trustees' report |
3-5 | |
| Independent examiner's |
report | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes to the financial statements | 9- 13 |
| Notes | Unrestricted | Unrestricted | ||
|---|---|---|---|---|
| Funds | Funds | |||
| 2020 f |
2019 | |||
| Income: | ||||
| Voluntary Income: |
||||
| Donations —BOSSregions | 550 | |||
| Donations —other Legacies received |
2,624 | 2,100 | ||
| Other trading activities |
9,989 | 29,435 | ||
| Investment income |
38,152 | 38,698 | ||
| Total income | 50,765 | 70,783 | ||
| Expenditure on: |
||||
| Charitable activities |
(99,904) | (89,102) | ||
| Total expenditure | (99,904) | (89,102) | ||
| Other recognised | gains: | |||
| Net gains / on investments | 78,261 | 190,852 | ||
| Net surplus | 29,122 | 172,533 | ||
| Reconciliation offunds: | ||||
| Total funds brought | forward | 1,283,590 | 1,111,057 | |
| Total funds carried | forward | E1,312,712 | R1,283,590 |
| Note | 2020 | 2019 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Investments | 1,293,893 | 1,265,632 | ||
| Current Assets | ||||
| Debtors | 11,084 | 12,134 | ||
| Cash at bank and in hand | 10,907 | 6,776 | ||
| 21,991 | 18,910 | |||
| Liabilities | ||||
| Creditors: Amounts | falling due | |||
| within one year | (3,172) | (952) | ||
| NET CURRENT ASSETS | 18,819 | 17,958 | ||
| NET ASSETS | K1,312,712 | E1,283,590 | ||
| Represented by: |
||||
| Unrestricted funds |
E1,312,712 | D,283,590 |
| 2020f | 2019 | ||||
|---|---|---|---|---|---|
| Grants | 97,056 | 74,243 | |||
| Expenditure | on raising funds | 8,871 | |||
| Support and | governance | costs (see note 3) | 2,848 | 5,988 | |
| 99,904 | 89,102 | ||||
| During the year the Charity made 291 grants to individuals | (2019:189). | ||||
| Support and | governance | costs | |||
| 2020 | 2019 | ||||
| K | E | ||||
| Support costs | |||||
| Subscriptions | 395 | 388 | |||
| Bank charges | 334 | 399 | |||
| Bad Debts | |||||
| Postage | 66 | ||||
| Governance | costs | ||||
| Independent | examiners | fees | 492 | 600 | |
| Trustees indemnity |
insurance | 570 | 524 | ||
| Travel and sundry expenses | 991 | 4,077 | |||
| 2,848 | 5,988 | ||||
| There were no employees | ofthe charity during the year (2019:Nil). |
| 4. | Fixed Asset Investments | ||||||||||
| Managed investments |
2020 | 2019 | |||||||||
| Market value at 1 January | 1,265,632 | 1,084,780 | |||||||||
| Additions | |||||||||||
| Disposals | (50,000) | (10,000) | |||||||||
| 1,215,632 | 1,074,780 | ||||||||||
| Unrealised gain on investments |
78,105 | 189,561 | |||||||||
| Gain on investment | disposals | 156 | 1,291 | ||||||||
| Market value at 31 December | 1,293,893 | 1,265,632 | |||||||||
| All investments are held |
by fund | managers | based | in the | United | Kingdom. | Fixed asset | ||||
| investments are analysed as |
to:- | ||||||||||
| 2020 | 2019 | ||||||||||
| f. | |||||||||||
| Unit trusts | 1,293,893 | 1,265,632 | |||||||||
| The charity held the | following | investments, | which had a book | value as at 31 December 2020 in | |||||||
| excess of5%ofthe | Charity's | total investment | portfolio | at that | date. | ||||||
| Investments | Book value | as at | Percentage of | ||||||||
| 31December | 2020 | Portfolio | |||||||||
| K | |||||||||||
| CCIA COIF Charities Investment |
Fund | Income Units | 1,293,893 | 100% | |||||||
| 5, | Debtors | 2020 | 2019 | ||||||||
| Prepayments | 1,734 | 1,965 | |||||||||
| Accrued income | 9,350 | 10,169 | |||||||||
| 11,084 | 12,134 |
| 6. | Creditors | ||
|---|---|---|---|
| 2020f | 2019 | ||
| Accruals | 663 | 806 | |
| Deferred income | 870 | ||
| Other creditors | 1639 | 146 | |
| 3172 | 952 |
| 2020 | 2019 |
|---|---|
| 1,312,712 | 1,283,590 |