OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

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

Unrestricted Endousnent Total Total
Funds Funds 2021 2020
General
Income &nn:
Voluntmy
income
8,391 8,391 30,692
Investments 29483 29483 34662
Total income 37874 37874 65 354
Expenditure
on:
Raising funds 12,378 12,378 15,061
Charitable
activities
200874 202 874 202423
Total resources ~215 52 ~215
52
217484
expended
Net gains on investments ~397 11 ~397
11
159947
Net incoming/(outgoing)
resources before,
transfers (177,378) 397„511 220,13 7„817
Gross transfers between
funds 15 177378 ~177378
Net movement in funds 220.133 220,133 7,817
Fund balances at:
1January 2021 3674923 3674.923 3667106
31December 2021 3~5 ~85

2021 2020
Notes
Plxed assets
investments 3,550,478 3,186,918
Current assets
Cash atbank 348,348 493,575
Creditors: amounts fafiing due within
one year 3770 5570
Net current assets 344577 488005
Total assets less current liabilities 385 56
Capital fund
Endowment fund 14 3895056 3 674923

2021 2020
Note
Cash Itaws frmn operating ncfivities
Cash absorbed by operations (208,661) (183,022)
Investing
activities
Proceeds on disposal offixed asset investment 993,083 1,780,747
Purchase ofinvestments (959,132) (1,309,581)
Investment
income received
29483 34662
Net cash generated fiom investing activities 63434 505 828
Net decrease in cash aud cash equivalents (145327) 322,806
Cash and cash equivaleats
at
beginning ofyear 493 575 170769
Cash aud cash equivalents
at
end ofyear 4~57

3
Voluntary
incom
e
2021 2020
f. g
Donations
and gifts
8,391 I)994
Bequest —Estate ofDorothy Plohn 28 698
4
Investments
2021 2020
5
Income &om listed invesimeuts 29,059 34,662
424
~9483
~6
5
Raising funds
2021 2020
Investment
management
fees 12,378 13,062
Dorothy Plohn commemoration plaque 12378 2 000
~0

2021 2020 2020
Grants payable (see note 7) 200,000 200,000
Share ofgovernance costs (see note 8) 28/4
~7
2
2~02
423
7
Grants
payable
2020
8
Grants to institutions
Support and maintenance ofThe Library 200000 ~00 00
8
Governance
costs
2021 2020
Independent examination fee 1,800 1,800
Trustees meeting 407
Insurance 667 623
2 874 2 423

Fund balanc es at31 D ecember 2021 are represented
by:
IJnrestricted Endowment Total
funds funds
8
Investments 3,550,478 3,550,478
Net cmrenr assets 344578
~50
344 578
~38 505
Fund balances at 31 December 2020 are represented by:
Unrestricted Endowment Total
funds funds
f.
Investments 3,186,918 3,186,918
Net current assets 488 005 488005
3~49 3 ~34
18 Cash generated from operations
2021 2020
Surplus for the year 220, 133 7,817
Adjustments for:
Investment income recognised in profit and loss (29,483) (34,662)
Fair value gains aud losses on investments (397,511) (159,947)
Movements
in wmfring
(Decrease)/increase
in
capital
creditors
~1000 3 770
~1830