| Page | |||
|---|---|---|---|
| Legal and Administrative Information |
|||
| Trustees' | report | 2-4 | |
| Statement | ofTrustees' | Responsibilities | |
| Independent Examiner's |
Report | ||
| Statement | ofFinancial | Activities | |
| Statement | ofFinancial | Position | |
| Statement | ofCash Flows | ||
| Notes to the Financial Statements | 10-15 |
| linrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | Funds | 2020 | 2019 | |||
| General | ||||||
| Note | ||||||
| Income f'rom: | ||||||
| Voluntary income |
30,692 | 30,692 | 5,517 | |||
| Investments | 34662 | 34662 | 39039 | |||
| Total income | 65354 | 65 354 | 44556 | |||
| Expenditure on: |
||||||
| Raising funds | 15,061 | 15,061 | 10,236 | |||
| Charitable activities |
202 423 | 202 423 | 202 376 | |||
| Total resources | 2~I74 4 | s]7484 | 212612 | |||
| expended | ||||||
| Net gains on investments | 159947 | 159947 | 416554 | |||
| Net incoming/(outgoing) | ||||||
| resources before | ||||||
| transfers | (152,130) | 159,947 | 7,817 | 248,498 | ||
| Gross transfers | between | |||||
| funds | 15 | 152 130 | ~152 130 | |||
| Net movement | in funds | 7,817 | 7,817 | 248,498 | ||
| Fund balances at: | ||||||
| 1 January 2020 | ~3667 10 | ~367 106 | 3 tL1880088 | |||
| 31December 2020 | ~492 | ~374 2 | ~1 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Fixed assets | ||||||||
| Investments | 3,186,918 | 3,498,137 | ||||||
| Current assets | ||||||||
| Cash atbank | 493,575 | 170,769 | ||||||
| Creditors: amounts | gtlling due within | |||||||
| one year | ~5570 | 1800 | ||||||
| Net current assets | 488 003 | 168969 | ||||||
| Total assets less current liabilities | 3 674 923 | ~3667 | Li | |||||
| Capital fund | ||||||||
| Endowment fund |
14 | 3 674 923 | 3 | 667 | M6 | |||
| @~74 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Cash flows from operating | activities | ||||||
| Cash absorbed by operations | 18 | (183,022) | (194,660) | ||||
| Investing | activities | ||||||
| Proceeds | on &hsposal offixed | asset investments | 1,780,747 | 1,710,728 | |||
| Purchase | ofinvestments | (1,309,581) | (1,552,173) | ||||
| Investment | income received | 34662 | 39039 | ||||
| Net cash | generated from investing activities |
505 | 828 | 192594 | |||
| Net decrease in cash and cash equivalents | 322,806 | (2,066) | |||||
| Cash and | cash equivalents at |
beginning ofyear | 170 | 769 | 172835 | ||
| Cash and | cash equivalents at |
end ofyear | 49 | 7 | 170769 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Donations and gifts |
1,994 | 692 | ||
| Bequest —Estate ofDorothy Plohn | 28,698 | |||
| Bequest —Balance ofOtto Deutsch bequest | 2325 | |||
| Bequest - Estate ofEsther Atkin | 2500 | |||
| ~517 | ||||
| 4 Investments |
||||
| 2020 | 2019 | |||
| Income Iiom listed investments | 34662 34642 |
39039 ~39 |
||
| 5 Raising funds |
||||
| 2020 | 2019 | |||
| Investment management |
fees | 13,062 | 10,236 | |
| Dorothy Plohn commemoration | plaque | 2000 | ||
| 151512 | ~12 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Grants payable (see | note | 7) | 200,000 | 200,000 | |
| Share ofgovernance | costs (see note 8) | 2 423 | 2 376 | ||
| 2((222 | |||||
| 7 Grants |
payable | ||||
| 2020 | 2019 | ||||
| Grants to institutions | |||||
| Support and | maintenance | ofThe Library | ~20 | 2~0 | |
| 8 Governance |
costs | ||||
| 2020 | 2019 | ||||
| Independent | examination | fee | 1,800 | 1,800 | |
| Insurance | 623 | 576 | |||
| 2423 | ~2 |
| Unrestricted | Endowment | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| K | g | ||||||
| Investments | 3,186,918 | 3,186,918 | |||||
| Current assets | 488005 | 488005 | |||||
| ~6492 | ~34 | ||||||
| 18 Cash generated | from operations | ||||||
| 2020 | 2019 | ||||||
| Surplus for | the year | 7,817 | 248,498 | ||||
| Adjustments | for: | ||||||
| Investment | income | recognised | in profit and loss | (34,662) | (39,039) | ||
| Fair value gains and | losses on | investments | (159,947) | (416,554) | |||
| Movements | in working capital | ||||||
| Decrease in debtors | 12,435 | ||||||
| Increase in | creditors | 3770 | |||||
| ~4 |