OpenCharities

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2022-03-31-accounts

2022 2021
Total Funds Total Funds
(Unrestricted) (Unrestricted)
Income from
Donations
and legacies (note 6)
1,500.00 2,500.00
Investment
income (note 7)
47,938.28 40,279.09
Total income 49438.28 42,779.09
Resources expended
Chafitable
activities (note
8) (55,339.99) (51,853.94)
Total resources expended 55339.99 51 853.94
Net gains on investments (note 2) 75524.07 355698.01
Net income and net movement in funds 69,622.36 346,623.16
Transfers between
funds
Net movement
in funds
69,622.36 346,623.16
Reconciliation
offunds
Total unrestricted
funds brought
forward 1,532,48132 1,185,858.16
Total unrestricted
funds
carried forward 1602103.68 I 532481.32

2, Fixed asset investments
2022 2021
Fair value as at I April 2021 1,473,098.42 1,117,400.41
Additions
in year
805&893.30
Disposals in year (806,804.91)
Revaluation
gain
75,524,07 355,698,01
Fair value as at 31March 2022 1547,710.88 1473098.42
Cost as at 31March 2022 1326635.44 1 001,806.80

2022 2021
Killik —Client current account 275.72 (405.00)
The Co-operative Bank pic 56,117.08
RBSpic - Busiuess High luterest account ~56 92.80 62 137.90
61,732.90
5. Creditors
2022 2021
Accruals 2 000.00 2350.00
6. Donations and legacies
2022 2021
Peter Storr Fouudation 2,500.00
Incentive from RBSpic 1,500.00
1500.00 2500.00

7. Investment 7. Investment income income
2022 2021
g
Bank interest 0.72 30.56
Dividends —received in Killik client current account 47,937.56 40,248.53
47,938.28 40,279.09
8. Total Charitable Activities Expended
Direct costs Support 2022 2021
costs— Total Total
note 9
g
Block grant to Afiica Educational Trust-
see below 51,777.00 3,562.99 55,339.99 51,853.94
Charitable activities 51777.00 3562.99 55339.99 51853.94

, Support costs
2022 2021
Accountancy 1,000.00 1,400.00
Independent examination 1400.00 1430.00
Governance costs 2,480.00 2,830.00
Bank charges 2.10 17.30
Investment custody charges 1080.89 1496.54
3 562.99 4,343.84

0.Reconciliati on
ofunrestricte
d
funds
Balance at
Balance at Gains on 31March
1April 2021 Income Expenditure Investments 2022
K K
General fund 1,061,189.70 49,438.28 (55,339.99) 1,055,287.99
Revaluation
reserve 471,291.62 75,524.07 546,815.69
I532481.32 49438.28 55339.99 75524.07 1,602 103.68

At the Balance Sheet date, the charity held the At the Balance Sheet date, the charity held the At the Balance Sheet date, the charity held the 2022 2021
following: f,
Financial Assets
Measured at cost;
Cash at bank 56392.80 61732.90
Measured at fair value:
Fixed assets investments —see below 1547,710.88 1473098.42
Financial Liabilities
Measured at amortised cost
Accruals 2,000.00 2350.00