|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 4|
|Independent<br>Examiner's|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|8 to 12|
|Detailed Statement<br>of|Financial Activities|13to 14|





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|for the Year Ended 31 Decem|ber|2020|||||||
|---|---|---|---|---|---|---|---|---|
||||||31.12.20||31.12.19||
|||Unrestricted|Restricted|Endowment|Total|funds|Total|funds|
|||fund|fund|fund|||||
||Not|E|E|E||E||E|
||es||||||||
|Incoming resources|||||||||
|Incoming resources from|||||||||
|generated<br>funds<br>Voluntary<br>income<br>Investment<br>income|2|141,718<br>929||||141,718<br>929||159,567<br>1,355|
|Total incoming<br>resources||142,647||||142,647||160,922|
|Resources expended|||||||||
|Charitable<br>activities<br>General<br>Program<br>Fellowship<br>Activities||101,808||||101,808||87,855<br>4,211|
|Total resources expended||101,808||||101,808||92,066|
|Net incoming<br>resources||40,839||||40,839||68,856|
|Other recognised|||||||||
|gains/losses|||||||||
|Gains/losses<br>on investment<br>assets||(2,559)||||(2, 559)||2,773|
|Net movement<br>in funds||38,280||||38,280||71,629|
|Reconciliation<br>of funds|||||||||
|Total funds brought||109,971|20,000|||129,971||58,342|
|forward|||||||||
|Total funds carried forward||148,251|20,000|||168,251||129,971|





|At 31 Decemb|er 2020|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||31.12.20||31.12.19||
||||Unrestricted|Restricted|Endowment|Total|funds|Total|funds|
||||fund|fund|fund|||||
|||Not|E|f.|E||E||E|
|||es||||||||
|Fixed assets<br>Investments||6|4,790|20,000|||24,790||26,498|
|Current assets<br>Debtors<br>Cash at bank||7|43,725<br>176,078||||43,725<br>176,078||2,807<br>~105 196|
||||219,803||||219,803||108,003|
|Creditors||||||||||
|Amounts<br>falling due within<br>one year||8|(76,342)||||(76,342)||(4,530)|
|Net current|assets||143,461||||~143 461||103,473|
|Total assets <br>liabilities|less current||148,251|20,000|||168,251||129,971|
|Net assets|||148,251|20,000|||168,251||129,971|
|Funds<br>Unrestricted|funds||||||148,251||109,971|
|Restricted<br>funds:<br>Michael Weir Bursaries|||||||20,000||20,000|
|Total funds|||||||168,251||129,971|





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|Investment<br>income|Investment<br>income|Investment<br>income||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.20|31.12.19|
|||||||E||
|Unit trust accumulations<br>Deposit account interest||||||851<br>78|1,147<br>208|
|||||||929|1,355|
|Grants payable||||||||
|||||||31.12.20|31.12.19|
||||||||E|
|General|Program|||||73,642|~80 889|
|The total|grants|paid to|institutions||during the year was as follows:|||
|||||||31.12.20|31.12.19|
|||||||E|E|
|Salzburg|Global|partnership||programme||73,642|80,889|
|Trustees'|remuneration||and|benefits||||





|The 21st Centu<br>Trust|The 21st Centu<br>Trust|The 21st Centu<br>Trust|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Notes to the Financial<br>Statements|||-|continued|||||||
|for the|Year Ended 31 December 2020||||||||||
|5.|Staff costs||||||||||
||||||||||31.12,20|31.12.19|
||||||||||E|E|
||Other pension costs||||||||10,000||
||The average<br>monthly<br>number|||of employees|||during|the year was as follows:|||
||||||||||31.12.20|31.12.19|
||No employees<br>received|emoluments|||in|excess of f60,000.|||||
|6.|Fixed asset investments||||||||||
|||||||||||Listed|
|||||||||||investments|
|||||||||||E|
||Market value<br>At<br>1 January<br>2020<br>Accumulated<br>interest<br>Revaluations|and|dividends|||||||26,498<br>851<br>~2, 559)|
||At 31 December 2020|||||||||24,790|
||Net book value<br>At 31 December 2020|||||||||24,790|
||At 31 December 2019|||||||||26,498|
||There were no investment||assets outside||||the UK.||||
|7.|Debtors: amounts<br>falling||due within|||one|year||||
||||||||||31.12.20|31.12.19|
||||||||||E|E|
||Other debtors||||||||43,725|2,807|
|8.|Creditors: amounts<br>falling|||due within||one year|||||
||||||||||31.12.20|31.12.19|
||Other creditors||||||||76,342|4, 530|





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||||||Net||
|---|---|---|---|---|---|---|
|||||movement|in||
||||At 1.1.20|funds||At 31.12.20|
||||E|E||E.|
|Unrestricted||funds|||||
|General|fund||109,971|38,280||148,251|
|Restricted funds|||||||
|Michael|Weir|Bursaries|20,000|||20,000|
|TOTAL|FUNDS||129,971|38,280||168,251|



|Net mo|vement|in funds,<br>inclu|ded<br>in the a|bove are as follo|ws:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement<br>in|
|||||resources|expended|losses|funds|
|||||E|E|E|f.|
|Unrestricted||funds||||||
|General|fund|||142,647|(101,808)|(2,559)|38,280|
|TOTAL|FUNDS|||142,647|(101,808)|~2, 559)|38,280|
|Comparatives||for movement|in funds|||||
|||||||Net||
|||||||movement<br>in||
||||||At 1.1.19|funds|At 31.12.19|
||||||E|E|f.|
|Unrestricted||Funds||||||
|General|fund||||38,342|71,629|109,971|
|Restricted<br>Funds||||||||
|Michael,|Weir|Bursaries|||20,000||20,000|
|TOTAL|FUNDS||||58,342|71,629|129,971|



||||Incoming|Resources|Gains and|Movement<br>in|
|---|---|---|---|---|---|---|
||||resources|expended|losses|funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||160,922|(92,066)|2,773|71,629|
|TOTAL|FUNDS||160,922|$92,066)|2,773|71,629|





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|A curren|t yea|r 12 months<br>and prior year|2 months<br>combined<br>position<br>|s as ogows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement<br>in||
||||At 1.1.19|funds|At 31.12.20|
||||E|f.||
|Unrestricted<br>General<br>fund||funds|38,342|109,909|148,251|
|Restricted funds<br>Michael Weir Bursaries|||20,000||20,000|
|TOTAL|FUNDS||58,342|109,909|168,251|



||||Incoming|Resources|Gains and|Movement<br>in|
|---|---|---|---|---|---|---|
||||resources|expended|losses|funds|
||||E|E|f.|E|
|Unrestricted<br>General<br>fund||funds|303,569|(193,874)|214|109,909|
|TOTAL|FUNDS||303,569|(193,874)|214|109,909|





|||31.12.20|31.12.19|
|---|---|---|---|
|||E|E|
|Incoming resources||||
|Voluntary<br>income||||
|Donations<br>Gift aid||100,405<br>41,313|154,655<br>~4912|
|||141,718|159,567|
|Investment<br>income||||
|Unit trust accumulations<br>Deposit account interest||851<br>78|1,147<br>208|
|||929|1,355|
|Total incoming<br>resources||142,647|160,922|
|Resources expended||||
|Charitable<br>activities||||
|Venue<br>Grants to institutions||73,642|4,211<br>80,889|
|||73,642|85,100|
|Support costs||||
|Management||||
|Pensions<br>Insurance<br>Telephone<br>Other professional<br>services<br>Subcontractors<br>Consultancy<br>Bank charges<br>Accountancy<br>fees<br>Independent<br>examination||10,000<br>395<br>48<br>15,156<br>17<br>1,320<br>1,230|410<br>325<br>170<br>41<br>3,000<br>70<br>1,720<br>1,230|
|||28,166|~6966|
|Total resources<br>expended||101,808|92,066|
|Net income before gains||||
|and losses||40,839|68,856|





|Realised|recognised|gains|and|losses||
|---|---|---|---|---|---|
|Realised|gains/(losses)|on|fixed|asset|investments|



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