| PAGE | ||||||
|---|---|---|---|---|---|---|
| Trustees' | annual report (incorporating | the director's report) | ||||
| Independent auditor's |
report to the members | |||||
| Statement | offinancial | activities | (including | income and expenditure | ||
| account) | ||||||
| Statement | offinancial | position | 10 | |||
| Statement | ofcash flows | |||||
| Notes to | the financial | statements | 12 |
| 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | K | |||||
| Income and endowments | ||||||
| Donations and legacies |
4 | 1,192,078 | 1,192,078 | 534,788 | ||
| Investment income |
5 | 6 | 6 | 314 | ||
| Total income | 1,192,084 | 1,192,0$4 | 535,102 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 6 | 8,372 | $,372 | 7,126 | |
| Total expenditure | 8,372 | 8,372 | 7,126 | |||
| Net income and net movement | in funds | 1,183,712 | 1,183,712 | 527,976 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward | 1,909,913 | 1,909,913 | 1,381,937 | |||
| Total funds carried forward | 3,093,625 | 3,093,625 | 1,909,913 |
| 3 | 0JUNK 2021 | ||||
|---|---|---|---|---|---|
| 2026 | |||||
| f, | |||||
| FTXKO ASSETS | |||||
| Tangible fixed assets | 3,ft76,708 | I.tt90.1S5 | |||
| CURRENT | ASSETS | ||||
| Debton" | 3rt$7 | 6,g04 | |||
| Cash at hank | and in band | I 930 | 12,pals | ||
| 16,91'7 | 19.728 | ||||
| NET CURRENT,ASSETS | i9,72g | ||||
| TOTAL ASSETSI.KSSCURRENT | |||||
| LIABILIF8 | 3,093,625 | ||||
| FUNDS OF | THF-CHARlTY | ||||
| Ltnrestricted | funds | 3,0tj3,625 | |||
| Total charity | funds | 3W3,62$ | I,QW.913 |
| SYLVELLA CHARITY LIMITED STATEMENT OF CASH FLOWS YEARENDED 30JUNE 2021 |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| CASH FLOWS FROM | OPERATING ACTIVITIES | |||
| Net income | 1,183,712 | 527,976 | ||
| Adj usrrnents for: | ||||
| Other interest receivable | and similar income | (6) | (314) | |
| Changes in: | ||||
| Trade and other debtors | 2,817 | (3,074) | ||
| Trade and other creditors | (7,438) | |||
| Cash generated from operations | 1,186,523 | 517,150 | ||
| Interest received | 314 | |||
| Net cash from operating | activities | 1,186,529 | 517,464 | |
| CASH FLOWS FROM | INVESTING ACTIVITIES | |||
| Purchase oftangible assets | (1,186,523) | (557,580) | ||
| Net cash used in investing | acdvities | (1,186,523) | (557,580) | |
| NET INCREASE/(DECREASE) IN CASH AND CASH | ||||
| EQUIVALENTS | 6 | (40,116) | ||
| CASH AND CASH EQUIVALENTS ATBEGINNING OF YEAR | 12,924 | 53,040 | ||
| CASH AND CASH EQUIVALENTS AT END OF YEAR | 12,930 | 12,924 |
| 4. | DONATIONS AND LEGACIE |
S | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| K | ||||||
| DONATIONS | ||||||
| Donations received | 1,192,078 | 1,192,078 | 534,788 | 534,788 | ||
| 5. | INVESTMENT INCOME | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| Other interest receivable | 6 | 6 | 314 | 314 | ||
| 6. | INVESTMENT MANAGEMENT | COSTS | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| Property expenses | 8,372 | 8,372 | 7,126 | 7,126 | ||
| 7. | TRUSTEE REMUNERATION | AND EXPENSES |
| YEAR ENDED 30JUNE 20 TANGIBLE FIXEDASSETS |
21 |
|---|---|
| Land and | |
| buildings | |
| Cost | |
| At 1 July 2020 | 1,890,185 |
| Additions | 1,186,523 |
| At 30June 2021 | 3,076,708 |
| Depredation | |
| At 1July 2020 and 30June 2021 | |
| Carrying amount |
|
| At 30June 2021 | 3,076,708 |
| At 30June 2020 | 1,890,185 |
| 9. | carried out wh DEBTORS |
ich shows that the r | ecoverable | amount is | in excess oft | he carrying val | ue. |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Other debtors | 3,987 | 6,804 | |||||
| 10. | ANALYSIS OF CHARITABLE | FUNDS | |||||
| Unrestricted | funds | ||||||
| At | At | ||||||
| 1 | July 2020 | Income | Expenditure 30June 2021 | ||||
| General funds | 1,909,813 | 1,192,084 | (8,372) | 3,093,525 | |||
| Share capital | 100 | 100 | |||||
| 1,909,913 | 1,192,084 | (8,372) | 3,093,625 | ||||
| At | At | ||||||
| 1 | July 2019 | Income | Expenditure | 30June 2020 | |||
| General funds | 1,381,837 | 535,102 | (7,126) | 1,909,813 | |||
| Share capital | 100 | 100 | |||||
| 1,381,937 | 535,102 | (7,126) | 1,909,913 |
| ANALYSIS OFNET ASSETSBETWEEN F | UNDS | |
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2021 | |
| Tangible fixed assets Current assets |
3,076,708 16,911 |
3,076,708 16,917 |
| Net assets | 3,093,619 | 3,093,625 |
| Unrestricted | Total Funds | |
| Funds | 2020 | |
| f | ||
| Tangible fixed assets | 1,890,185 | 1,890,185 |
| Current assets | 19,728 | 19,728 |
| Creditors less than 1year | ||
| Net assets | 1,909,913 | 1,909,913 |
| At | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| At | 1 | Jul 2020 | Cash flows | 30Jun 2021 | |||||||
| Cash | at | bank | and | in | hand | 12,924 | 6 | 12,930 |