| or the year end | ed 31 | Marc | h 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Total Funds | Total Funds | |||||
| (Unrestricted) | (Unrestricted) | |||||
| Income from | ||||||
| Donations and legacies (note 6) |
2,500.00 | 152,500.00 | ||||
| Investment income |
(note 7) | 40,279.09 | 53,982.47 | |||
| Total income | 42 779.09 | 206482.47 | ||||
| Resources expended | ||||||
| Charitable activities (note 8) |
(51&853.94) | (52,674.74) | ||||
| Total resources expended | 51853.94 | 52674.74 | ||||
| Net gains/(losses) | on investments | (note 2) | 355698.01 | 348477.09 | ||
| Net income/(expenditure) | and net movement | in | 346,623.16 | (194,669.36) | ||
| funds | ||||||
| Transfers between | funds | |||||
| Net movement in |
funds | 346,623.16 | (194,669.36) | |||
| Reconciliation of | funds | |||||
| Total unrestricted | funds brought | forward | 1,185,858.16 | 1,380,527.52 | ||
| Total unrestricted | funds carried forward | 1,532481.32 | I 185858.16 |
| . Fixed a | sset investments | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Fair value | as at 1 April 2020 | 1,117,400.41 | 1,315,927.71 |
| Additions | in year | 149,949.79 | |
| Revaluation gain/(loss) |
355,698.01 | (348,477.09) | |
| Fair value | as at 31March 2021 | 1,473 090.42 | 1 117400.41 |
| Cost as at | 31March 2021 | 1001006.80 | 1001 806.80 |
| 2021 | 2020 | ||
|---|---|---|---|
| g | |||
| Killik —Client current account | (405.00) | (376.37) | |
| RBSpic - Business High Interest account | 62137.90 | 70734.12 | |
| 61732.90 | 70 357.75 | ||
| 5. Creditors | |||
| 2021 | 2020 | ||
| Accruals | 2350.00 | 1 900.00 | |
| 6. Donations | and legacies | ||
| 2021 | 2020 | ||
| g | |||
| Peter Storr Foundation | 2,500.00 | 2,500.00 | |
| Legacy from | the Estate ofJeannine Bartosik | 150,000.00 | |
| 2,500.00 | 152500.00 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| f. | |||||||
| Bank interest | 30.56 | 250.30 | |||||
| Dividends —received | in Killik client current | account | 40448.53 | 53,450.92 | |||
| Dividends —received | Irom other | investments | 281.25 | ||||
| 40479.09 | 53982.47 | ||||||
| 8. Total Charitable | Activities Expended | ||||||
| Direct costs | Support | 2021 | 2020 | ||||
| costs— | Total | Total | |||||
| note 9 | |||||||
| Block grant | to Africa | Educational | Trust- | ||||
| see below | 47,510.10 | 4,343.84 | 51,853.94 | 52,674.74 | |||
| Charitable | activities | 47510.10 | 4343,84 | 51853.94 | 52674.74 |
| . Support | costs | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Accountancy | 1,400.00 | 1,000.00 | ||||
| Independent | examination | 1,430.00 | 7 420.00 | |||
| Governance | costs | 2,830.00 | 2,420.00 | |||
| Bank charges | 17,30 | 89.15 | ||||
| Cost ofacquiring | replacement | investment | certificate | 337.00 | ||
| Investment | custody charges | 1496.54 | I 406.69 | |||
| 4 343.84 | 4 262.74 |
| 0.Reconciliati | on ofunrestricte |
d funds |
|||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | Gains on | 31March | |||
| 1April 2020 | Income | Expenditure | Investments | 2021 | |
| General fund | 1,070,264.55 | 42,779.09 | (51,853.94) | 1,061,189.70 | |
| Revaluation | |||||
| reserve | 115,593.61 | 355,698.01 | 471491.62 | ||
| 1185858.16 | 42 779.09 | 51853.94 | 355698.01 | 1,532481.32 |
| 2.Financial Instruments | 2.Financial Instruments | 2.Financial Instruments | ||
|---|---|---|---|---|
| At the Balance Sheet date, the charity held the | 2021 | 2020 | ||
| following: | K | |||
| Financial | Assets | |||
| Measured | at cost: | |||
| Cash at bank | 61,732.90 | 70 357.75 | ||
| Measured | at fair value: | |||
| Fixed assets investments | -see below | 1,473,090.42 | 1 117,400.41 | |
| Financial | Liabilities | |||
| Measured | at amortised | cost: | ||
| Accruals | 2,350.00 | 1 900.00 |