REGISTERED NUMBER: 296834
Report of the Trustees and
Financial Statements
for the Year Ended 30 September 2020
for
IMPACT GIVING (UK) TRUST
Index to the Financial Statements for the Year Ended 30 September 2020
| Page | |
|---|---|
| Charity Information | 1 |
| Report of the Trustees | 2 |
| Report of the Auditors | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet and Cashflow Statement | 5 |
| Notes to the Financial Statements | 6,7 |
IMPACT GIVING (UK) TRUST
Charity Information for the Year Ended 30 September 2020
| TRUSTEES: | Charles Bethune |
|---|---|
| Stephen James Burt | |
| Darren Mayor | |
| Treasurer | Fraser Clark |
| ADMINISTRATORS: | S McNicol |
| A Challis | |
| REGISTERED OFFICE: | PO Box 220 |
| Penrith | |
| CA11 1BH | |
| CHARITY NUMBER: | 296834 |
| AUDITORS: | Wrigley Partington |
| Chartered Accountants | |
| Registered Auditors | |
| 501 Middleton Road | |
| Chadderton | |
| Oldham | |
| OL9 9LY | |
| BANKERS: | Royal Bank of Scotland plc |
| 2 Bradwall Road | |
| Sandbach | |
| CW11 9UB | |
| INVESTMENTS | Hanley Economic Building Society |
| Granville House | |
| Festival Park | |
| Hanley | |
| ST1 5TB | |
| CCLA | |
| Senator House | |
| 85 Queen Victoria Street | |
| London | |
| EC4V 4ET |
Page 1
IMPA GMNG IUKI TRUST Roport oftho TruBt•o• forth• Yglr Eod¢d 30 Soptsmb•r 2020 The Trthtees pre8enl Ih81r r8POrt and the finandal statements ofthe ¢hatyforlh8 year ended 80th SWth))ber2020. PRINCIPAL OOJECT Irnpacl Gwinu (UK) Trust wa&e8laOllthed 88 a thorbtyunder& trust deed 08tett 18lh Oecember 1986 aj hs ndlI oble¢t k% that of advandng ChrSstian rdlgbn. Th18 * 8chlev8d prfmarlty through the reipt oftlonatK)ns are dlStrftr 8peafic Chri$lian ¢harfty payments In aCrdan[ th th8 donor8 she5. TIE tfUStee$ havè regard to both the Chartty Cornmisgion's general 0uklan on publlc benefit and the guKlance on the advancement of religlon for the public befft. Thetruslees aayS ensure as far as rea50nabty w8¢1ts1that ts reglsterad cart85, ChrL8tlan ngr8g8Uons and worXwB to sthom donaiions are pald are In Ilne whh Owtharhtse obieu$. TRUSTEES A Il$1 of the tru8tee&18 geTr In th8 Charftys Infomiation on Page 1. The Tnjst b a memberorgani58ti0n ofthe Evangelical Allk8Thx IEAI 8rKI 811 Trust sign up to the EA basis offath. Newp[M)Intsd tntees are gfven an oveThlew ofthe Trust. a clwy of the gwemthg Iru&tde8d, and referred to the Cha¥lty COMMs1On'& guldance The E5senlal TN¥tee.' What You Need to Know. and Ink8 lo other relwantdocumentaliw. Al1dOn8 orreplacement Trusta88 can be anted bythe e9n Tru$te8s, $ubleclto a mul TpJmberofx. OPERATION The chaty maTraged bytheAdminlstratrf$l unrt¢r the dlrgct control ofthe Trustees. ACHIEVEMENTS AND PERFORMANCE Durmg the yearthe Tty1 8¢ted uDon the requ881s of m8mber% io dL81rfbute £1,470,893 In support ofchtstlan [k. Durfng Ihe year funds have been distributed to regi51ereil rharitses. Ghrislian corvJregallons and Chnstian wotkern. The TNstee5 have COndered Tr Impllcatlon5 ¢oronavkuts p8ndemtC and remote wortlng arKI procedures are In pla¢lorÈlaffto o)nllnue to provide full servi$ to owdonors and b8n811clarfes. Donors re encwraged to ¢ontinu8 lo support beneficlarfes who retyon tlfinancA81 asp gnce and Ihls W88 bNne outwnh 8 4% incre# Irea £56.0001 ty) tre pre% FlllrfCIAL AMD RE8ERVE8 REVIEW The financl818CtW of the tharlty 881 or¥ ptyes 4 0rn15. The kn8k8rt of ts fre8 re88r¥o5 avollableto co¥eradmlnlstr8lrm w•ts b È440.591 (2019 £461,4781. The policy oflhe Tw$tees L8 ¢0 hdtt 8umd8nt re58rvesto en8t4E the Itusi to meel expenses and la"litS 95 ty Wl due. INVESTMENT POLICY The TnK8tees have con$idered the mostappropthale pollcyfor Irw8slTrJ fjjnds and have ¢on¢luOed Ihat a combhaIc olshort lerni depoylls %ilh a small Investrn8nt In the Ethlcal Inlment FuTrJ of CCLA Inve6tment Management Ltd meets the requirements ilhout ¥estrf¢tlon of a{85 or excessive risk lo t1 capital amounts Insted. The tnyestrnenl with CCLA Inve$tment Manag1 Ud * M 8 11 b88b. Th apwach Is de&gwl to enwra Ihal dayto daylnvtstmentder4$ions a free of any trustee Intsrf8renc8 or blas. RISK MANAGEMENT The TrnsteeB 2ctive4y rev Ihe ch8rfV$ ma5or rtsk areas and belkve that gUlar re¥w8 ol re8eNe¥. cornbthed with an annual revlew ol controls, 11 kyovide suffNeDI safeguard$ over Charlb fiJNls. The ch8rfVs unrestricbj fuTKl$ ¢an be affeded by gew81 economlc condltioDs but the reserves pdlcy s88ks lo malntaln %uffld8nt fS to erU[e eoniinuityofoper8tkJn8. TrU8TEES' RE8PONSIBIUTIE8 IN RELAnoN TO ThE FINANCIAL STATEMEIITS Charlty in EThJland and Wale5 requires the Iru5tee$ to ppare fin8ncl81 statements foreath ffin0 yearwhlch glv8 8 true and fa4rvlew of Ihe $tate of affairs of ts rthartty arKI of Ks Income and expendStur8 fwlhal year. In k¥epadng the88 finandal slaternents. the Itu&lee$ $houkl foknv best pr8Ctkn and are required to.. 88kd suttable accountlng P0e$ and Iln apY Ihem ¢$¢en,. obutrvts tho mathod6 and pndpS In th8 cbafty SORP Make19ts and estimate$ Ihal a re8son8ble and prudent st818 whetsr appllcaN8 arxountlrrfJ standard5 51aiements of recomm8TrJ8d hove been folb)w, 8ublecttO 8nydepartures dk8dosed arKI explahed in It financlal st8temenls', 8nd Fryarethe finandal statements on gL¥ng b881$ unless Is InappropriBle to kwumethgt the Chaw %4111 r¥)nllnu8 In opèratith. Th? T¥u8t&es are r¥spMslbkn for keeplng prnper acoJuntlry rerords whlch dwdDs?wiih asonb JcwraGyal Jnyltne Ih? finaM81 po8Mon of the Chaiiiy %l)kl) enatye IhBm to en8ure that th8 finanaal stglernents Compwth ts Ch8rfI8s Act 2011 Bnd the Charity {AOUnt$ and Reports) Regulati$. They are 0180 respon5ibk for safegvardlng Ihe 8$sets ofthe charfty and hen fortsklng aSonaA6 Steps the prevention and deledK)n offraud and othw Irr8guL8the8. AUDITORS The audor8, Wryley P8rbrvJion. wll be proposed for pPoIn1m8nt In accordancewlth Secuon 144 ofthe Chart88 Act2011. AUDIT ENouiwes A6 far as th& trustee8 are 8W8re, Ihere no r8knnl audtt Ir)f0mtIon ofwlh ts th8rfty8 8JItorS Are unawwe. Each ofthe tru8te88 taken all ffte steps that theyshould have taken a$ 8 trustee to make them8dves aware of any rethnI811 Infomia 8TrJ to establsh Ihpt Il )8r1¥ 8udttors are 8W8re ofthat Infom78110n. ThtB r•portwa• approvod by Iho Thi•t•oJ on and •lgnod on It• boh811 by C BothLWir*IoO & chrni•M P82
IMPACT GIVING IUKI TRUST Indopondont Audltor$' Report to the TnJstofy¥ ol IMPACT GIVING IUKI TRUST Thi5 report15 made solely to the ¢harily'5 trustees. as 8 body, in a¢cordan wlh 5.144 of the Charitie5 Act 2011 and the regulalK)ns made under Opinion We have audited the financiBI slalemenls of ImpactGiving IUKI Ttustfor the year ended 3D Sèptember 2020 which comprise thè 5talemtni of finarrial activthes, the balance sheet. slaletnent of cashflows and related notes including a summary ol significant accounting poli¢i¥$. The financl81 reporting framework th81 h88 been applied In their pparatn 18 applicatyle law and United Kingdom Ae¢ounling Stsndards Induding Finantyal RepDtbng Standard 102"The FinEncJal Reporting Standard apic£ble in Ihe UK Bnd the Republicof Ireland (United Kingdom Gellerally Accepl&l In our opinioTr the financxal st3tements'. - give a te and fair view of the 51ale of th2 charitys affairs as a130 September 2020 and trf its incoming f8sourcès and appli(Xlion of ra8ouros, intrluding itts incom8 and expenditur8. forlh8 y8ar then end8d, - have been properly prepad In ac(J)rdance wllh United ngdOM Generally Accepted Accolinlino Practice.. ar - have been prepared in accordance with the requiremanis of the Charilias A¢1 2011. Basis foropinlon We conducted wr 8u¢il in ¥cwrd8n¢e with Inlemalional Standards Audiung IUKI IISA'S IUKII and applicable law Our respon51bililieg under those standards are further described in the Auditor's respon5iknlrties forlhe audrt ol the financial slaletnents section Df our report. We are Independent of the charity In 8¢cord8n¢e wllh the elhlc81 qUIrementS thai are relevant lo our audit of ihe finan¢i81 siaiemenls In the UK. I1ng lh8 FRC'S EthiGII Standard, and w8 have lulfilled our other ethical responsibilitie5 in accordancewilh these requirements. We believe that the Budil eviden we h8ve ob&gined 1$ $uffi¢ienl 8nd appropri$le to provide a b8sisfor our opinion. Con¢luslon8 relatlng to golng Concern Wa h¥vt nothing to report in respect ol the following matters in relatK)n towhich the ISA'S IUKI rèquirtr us ta repDrt to you where.. the Iruslees. use of Ihe yoing wncem basis of acuunting in preparation of the financial stslemenls is not appropriate, or - the Irusites have fiol disdosed in the finano¥al sta18tnents any identifd material uncertainties thai may Cast signifKaTrt doubt abDuL the chatitys abilily lo conlinLE lo adopt the going concern basis of a¢counlino fora period of al16asl e1ve months from the dale when the finan&al statements 8ulhorised tor issue. Othgr Infornatlo The other Information umprises th8 infomiation induded in thè Tru$ièes' RtporL olherth¥n the flnanc481 siaiemtrnts arbd our audilorts ieport thereon. The tru51ee5 are sponSible for the other infomiation. Ouropinion on the financial 51atement5 does not cover the other inforynalion and except 10 the t8Th1 olhètwise expliciNy slated in our report. we dD not express any forrn of assurance condusion thereoll. In connection with our audit ol Ihe financial su8lemenls, our re8ponsibillly Isto read the other infomi81ion and. in doing so, con8lderwheiherih8 othar informstion is mal8rially illCDn848tsnl with Ihe finan(xal sla18tnents or our knowledge obtained In the auditvr other¥Yise appear5 to bp materiAlly misstsled If we kJ6niify suth matsri81 in£onsistenrAes or apparent material misstatements, we are requireij lo del8miine whelherther8 is a maletiBI mi5Stalementi tt)e financkgl sialements or a mai8rial missiaiemeni of the Other infomaiion. If, based on the wort we have perfomitd, wt conGlude that there is B maleiial mi8slatemenl of this other inlomalion, w& are required 10 reportth2tfact. We have nothing lo retK>rt In this regard. Matters on whlch we are rgqulrod to report by oXCePtlon We have noth1ng lo report In respect of the following matters In rel8tk?n towhich the Cheri5 IAcu)un15 9nd Report51 Regulallon$ 2008 rewtre v¥ lo repDrt lo you if. in our opinion. the information given in the flnanclal slalements is inconslsteni in any matarial respeciwSlh the truslee$' report,. or 5ufficieTrt accounbng records have not b2en kept. or - the finan1 st81emenls are not In agreement with the 8¢couniiw records", or we have not reGeived all the Infotrnalion and explanations w8 require for our Budil Ro$ponslbllltlos of trustees As axplained more fully in tha tru$ieeg' ra8wnsibilili88 statement 881 OLrt on pag? 2, tha trusl8as are respon8ible forihfr preparation of the financial statements and for being $aiigfied thsi th a true and fair wtrw, and frJr Such iniemal control as tha truslaes datsrmina its lo enable - preparation of finantyal staiemtrnis thai are fr88 from material mis$iattrmtniwhether due lo fr8ud or error. grepsrino the finan(ial slalemenls, the trugiee$ arè responsible for assessing the charity's ability 10 continu& as 8 concetn, disosing, a5 applicable, matters rtrl81ing to going concem and usiny the going ¢on¢em basis of accounllng unÈss the trustees either intend 10 liquidats the charity or lo ¢e8se operations. or have no Ealislic allern8live butio do 80. Auditorfs responsibilities forthp audit of the financial staternen15 We have been appointed as auditor under 5 144 of the ¢harilEsAcl 2011 and pOrt in g(fA)rdance with IheAcl and relevant regulation made having effect Ihereunder. Our obieGtives are lo oblAin 950ble assuran about whether the financAal statemen15 B5 a whole are free from material missl8lemenl. whether duè kn fraud ortrrror, and to issu8 an audiiorfs raport thai indudtrs ouropinion. Reasonabltr as$uran¢6 is a hvjh lèv81 of assurance, 15 fiat a guarantee that an Sl11 unducted in attordance with ISAS IUKI wlll alwa detect a m8ter181 mis$tslementwhen11 exists. Mistsiatsmtrnts can ari88 from orerror and 8re consldered malenal If, Individually or In the 8ggregats, they could rea90nably be expected to influenc8 the 8conom deusions of users taken on the basis of these fjnani81 stalemenls. A furthe,. description of our responsibili118s IDrthe audit of tho finan¢i¥l slai8menlS is lo¢ai8d on the Flnanclal Reportiny Courril's website at WW.fr¢.org1audI1orSrespobI1Lbes. This de8¢nption fomis part of our aJdiior's report Us9 of ourroport This report is made solely lo ihe charity's Iru51ees, as a body. in accord8n¢e WI Part 4 01 the Charities (Accounts and Reports) Reoulabons 2008. Our guditwork ha5 been undertaken so that we might sta18 to the tharity's trustees Ose matters we are required lo state lo them in an audilof5 raportand for no Olhtr purpostr. To the fullest extent p6 ted by law, not 8p1 assume responsibility lo anyone other than tha charity the ¢haritVs trustees 88 8 body. forour audit work, is rerM)rt, heo 5 we have fomed. Davld Ducle ISenlor3tatu¢ory Audltorl For 8nd on behalf of Vviigley Partingion, Stalulory Audit 501 Middleton Road. Chadderton. Oldham OL9 9LY Page 3
IMPACT GIVING (UK) TRUST
Statement of Financial Activities
for the Year Ended 30 September 2020
| Notes £ £ £ £ £ £ £ £ Incoming Resources: Incoming Resources from generated funds Receipts from donors under gift aid arrangements with the Trust 1,230,471 24,557 1,255,028 1,164,939 Tax recovered for gifts 2 244,521 244,521 245,242 Legacies 0 0 0 998,021 Investment income Dividends and Interest 16,730 16,730 13,847 Sundry Income 0 0 0 Total Incoming Resources 1,474,991 41,287 1,516,279 2,422,049 Resources Expended: Charitable Activities Donors Specific Charity payments 1,470,893 1,470,893 1,414,178 Staff Costs 65,283 65,283 41,197 Employers National Insurance 2,029 2,029 745 Working Expenses 130 130 150 Printing Costs 0 0 0 Stationery and Office Expenses 160 160 620 Promotion and Development 0 0 0 Computer Costs 433 433 433 Sundry expenses 1,707 1,707 1,175 Depreciation computer equipment 0 0 0 1,470,893 69,742 1,540,635 1,458,498 Governance Audit Fees 1,542 1,542 1,320 0 1,542 1,542 1,320 Other Resources Expended Insurance 1,103 1,103 1,013 Legal 0 0 480 1,103 1,103 1,493 Total Resources Expended 1,470,893 72,387 1,543,280 1,461,311 4,099 -31,100 -27,001 960,738 10,213 10,213 25,237 Total Funds Brought Forward 1,522,240 461,475 1,983,715 997,740 £1,526,338 £440,589 £1,966,927 £1,983,715 NET INCOMING RESOURCES TOTAL FUNDS CARRIED FORWARD Gains/(losses) on investments 30.09.20 30.09.19 Restricted Funds Unrestricted Funds Total Funds Total Funds |
30.09.20 | 30.09.19 | 30.09.19 | |
|---|---|---|---|---|
| 1,461,311 | ||||
| 960,738 25,237 997,740 |
||||
| £1,983,715 |
Page 4
IMPACT GIVING IUK) TRUST BALANCE SHErr fortho YeNf End•d 30 8•pt•mb•r2020 30.0920 30.09.19 FIXED A88ET8.. Tangible assets Investmen15 235.45) 225.237 ¢URREMT A88eT8: Debtor8 Cash at bart 573.021 1 189,798 1762819 LIABILmE8: Arnounls fo111ry duewithkn >ar CURRENT ASSETS: 1.731.471 1,758,477 NET AsseTS.. 1966.928 1.983.715 FUNDS.. Restrirted Fund$ icted Funds 1.S28.338 440.5 1.522.240 461,475 16928 1 983715 APPROVÉO TE ONBÈ F OF ThE YRUSTr. C Bethu ..&.1.4]2oQ I CASNFLOWSTATEMENT forthg Ended 30 Soptomber 2020 Re¢ondlk4th)n Of movement inlurnl$ to net OwfroM oratkng a¥e$.. 2020 2019 Net surWu8 for the year opernling -27,000 960.738 Deduct interest inwme 51YJwn in in¥eslrpJ aCte -16,730 -13.847 Purchase of Investments Ilncre888ydÉcre888 In debtor8 573,021 -573.021 IrK¥easellderxeasel In cradllc 1,825 Net cash from op8raUng 8clvlt8 531,115 174.538 Cash from Inve8lkng a¥85 18,730 13.847 Increa88 In cash and cash equants In the year 547,846 188.3&5 Cash HT¥J cath equivthnts at Ihe Btart olfvyear 1,189.798 1,001.413 1 189798 Page 6
IMPACT GIVING (UK) TRUST
1
2
3
4
Notes to the Financial Statements for the Year Ended 30 September 2020
ACCOUNTING POLICIES Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) issued on 16th July 2014 and the Charities Act 2011.
Going concern
The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income, there is certainty of receipt and the amount can be quantified with reasonable accuracy. Receipts are recognised in the statement of financial activities as received and when the conditions for receipt have been met. Where a claim for repayment of income tax has been made the tax actually recovered in the year is shown in the accounts.
Investment income is recognised on a receivable basis.
Legacies are recognised as they are received or when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have already been met.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis (eg. estimated usage).
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services, and include both the direct costs and support costs relating to these activities.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.
Tangible fixed assets and depreciation
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost of each asset over its expected useful life as follows :
Office equipment and fixtures - 20% on cost
Computer equipment - 25% on cost
Fund accounting
Unrestricted funds comprise accumulated surpluses and deficits on general funds that are available for use at the discretion of the trustees/directors in furtherance of the general objectives of the Charity and that have not been designated for other purposes. Restricted funds are funds subject to restrictions imposed by the donor or by the specific terms of the appeal under which the funds are raised.
Designated funds comprise unrestricted funds that have been put aside at the discretion of the trustees/directors for particular purposes.
Financial instruments
The charity accounts for basic financial instruments, debtors and prepayments and creditors and accruals, at the undiscounted amount of the cash or other consideration expected to be received or paid.
Donor donations
Donations to charities from donor accounts are calculated by reference to the specific instructions from individual donor's supporting documentation to their gift to this charity.
TAX RECOVERED FOR GIFTS
As all monies held within the restricted fund balance are available for distribution at a donors wish the Trustees only include those sums actually recovered from HM Revenue and Customs (HMRC) during the year. There are sums due at the year end on donations received within the financial year which are not recognised in the accounts.
| Monies actually received during year Sums to be repaid in subsequent claims to HMRC NET INCOMING RESOURCES The surplus for the year is stated after charging: Depreciation - owned assets Trustees' emoluments and other benefits etc. |
30.09.20 £ 244,521 60,266 30.09.20 £ 0 0 |
30.09.19 £ 245,242 53,155 30.09.19 £ 0 |
|---|---|---|
| 0 |
Taxation and Irrecoverable VAT
As a registered charity the Trust is exempt from tax on income and gains to the extent that they are applied to its charitable objectives and no provision for tax is therefore considered necessary. The charity pays VAT on certain costs but it is not registered for VAT, the irrecoverable VAT is included in the cost of those items to which it relates.
Page 6
IMPACT GIVING (UK) TRUST
Notes to the Financial Statements for the Year Ended 30 September 2020
5
6a
6b
7
8
TRANSACTIONS WITH TRUSTEES AND OTHER CONNECTED PERSONS
No trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year with the exception of donations to and by the charity in the normal course of business. The total amount donated to the charity by Trustees was £2,400 (2019 £2,800) for restricted purposes. Funds allocated by Trustees, under instruction, to become unrestricted was £100 (2019 £200). Trustee's Indemnity Insurance has been taken out this year.
TANGIBLE FIXED ASSETS
| COST: At 1 October 2019 Additions Disposals At 30 September 2020 DEPRECIATION: At 1 October 2019 Charge for year Elm. On Disposal At 30 September 2020 NET BOOK VALUE: At 30 September 2020 At 30 September 2019 INVESTMENTS 88,581.80 units COIF Charities Ethical Investment Fund - cost in 2019: £200,000, market value c/f Unrealised gain in the year Market value at 30 September 2020 DEBTORS 30.09.20 £ Other debtors 0 CURRENT LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.09.20 £ Other Taxes and Social Security 3,079 Accrued Expenses 3,088 6,167 |
Computer Equipment £ 3,252 0 0 |
|---|---|
| 3,252 | |
| 3,251 0 0 |
|
| 3,251 | |
| 1 1 |
|
| £ 225,237 10,213 |
|
| 235,450 | |
| 30.09.19 £ 573,021 |
|
| 30.09.19 £ |
|
| 2,506 | |
| 1,836 | |
| 4,342 |
Page 7
IMPACT GIVING (UK) TRUST
| Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | Statement of Financial Activities | ||||||
|---|---|---|---|---|---|---|---|---|---|
| for the | Year Ended 30 September | 2020 | |||||||
| 30.09.20 | 30.09.19 | ||||||||
| Restricted Funds | Unrestricted Funds | Restricted | Funds | Unrestricted Funds | |||||
| £ | £ | £ | £ | £ | £ | £ | £ | ||
| Incoming Resources: | |||||||||
| Incoming Resources from generated funds | |||||||||
| Receipts from donors under gift aid | |||||||||
| arrangements with the trust | 1,230,471 | 24,557 | 1,140,236 | 24,703 | |||||
| Tax recovered for gifts | 244,521 | 245,242 | |||||||
| Legacies | 0 | 0 | 598,813 | 399,208 | |||||
| Dividends and interest | 16,730 | 13,847 | |||||||
| Sundry income | 0 | 0 | 0 | ||||||
| Total Incoming Resources | 1,474,991 | 41,287 | 1,984,291 | 437,757 | |||||
| Resources Expended: | |||||||||
| Charitable Activities: | |||||||||
| Donors specific charity payments | 1,470,893 | 1,414,178 | |||||||
| Staff costs | 65,283 | 41,197 | |||||||
| Employers national insurance | 2,029 | 745 | |||||||
| Working expenses | 130 | 150 | |||||||
| Printing costs | 0 | 0 | |||||||
| Stationery and office expenses | 160 | 620 | |||||||
| Promotion and development | 0 | 0 | |||||||
| Computer costs | 433 | 433 | |||||||
| Sundry expenses | 1,707 | 1,175 | |||||||
| Depreciation: | |||||||||
| Computer equipment | 0 | 0 | |||||||
| 1,470,893 | 69,742 | 1,414,178 | 44,320 | ||||||
| Governance Costs | |||||||||
| Audit fees | 1,542 | 1,320 | |||||||
| 1,542 | 1,320 | ||||||||
| Other Resources Expended | |||||||||
| Insurance | 1,103 | 1,013 | |||||||
| Legal | 0 | 480 | |||||||
| 1,103 | 1,493 | ||||||||
| TOTAL RESOURCES EXPENDED | 1,470,893 | 72,387 | 1,414,178 | 47,133 | |||||
| NET MOVEMENT IN FUNDS | 4,099 | -31,100 | 570,114 | 390,625 | |||||
| Gains/(losses) on investments | 10,213 | 25,237 | |||||||
| Total funds brought forward | 1,522,240 | 461,476 | 952,126 | 45,614 | |||||
| TOTAL FUNDS CARRIED FORWARD | 1,526,338 | 440,590 | 1,522,240 | 461,476 |
This page does not form part of the statutory financial statements
Page 8