| 2020 | |||||
|---|---|---|---|---|---|
| CAPITAL FUNDS | |||||
| 10 | Capital sums settled |
10 | |||
| INCOME ACCOUNT | |||||
| 815,232 | Undistributed Income |
801,219 | |||
| 815,242 | 801,229 | ||||
| REPRESENTED BY | |||||
| FIXEDASSETS | |||||
| 763,904 | Quoted investments |
(at cost) (market value X1,145,763) | 774,728 | ||
| 31,921 | Brokers bank balances | 4,670 | |||
| 795,825 | 779,398 | ||||
| CURRENT ASSETS | |||||
| 12,500 | Tax recoverable | 1,470 | |||
| 15,197 | Bank balances | 23425 | |||
| 823,522 | 804,293 | ||||
| CURRENT LIABILITIES | |||||
| 2,400 | Accrued expenses | 3,064 | |||
| 5,880 | Loan from benefactor | ||||
| 8,280 | 3,064 | ||||
| 815,242 | 801,229 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| INCOME | ||||||
| 19,106 | Profit on sale ofinvestments | 18,389 | ||||
| 31,250 | Donations (including |
gift aid) | 7,350 | |||
| 30,888 | Dividends and interest |
received | 25,659 | |||
| 81,244 | 51,398 | |||||
| 30,672 | DONATIONS AND |
GRANTS | 51,720 | |||
| ADMINISTRATION | COSTS | |||||
| 6,757 | Investtnent managetnent |
fees | 7,133 | |||
| 60 | Bank charges | 3 | ||||
| 8,014 | Legal and Professional | fees | 6,555 | |||
| 45,503 | 65,411 | |||||
| EXCESSOFEXPENDITURE OVER INCOME | ||||||
| 35,741 | (2020 SURPLUS) | (14,013) | ||||
| 779,491 | Surplus brought forward |
815,232 | ||||
| 815,232 | SURPLUS CARRKD | FORWARD | 801,219 |