| Kudomneut | Restricted | Unrestricted | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2M1 | ||
| INCO~G RESOURCES | |||||
| Donations, Legacies and Similar | |||||
| Resources: | |||||
| Legacies | 300000 | 300,000 | 1,351,958 | ||
| Investinent 1nconie. |
|||||
| Dividends | 22,360 | 9,024 | 31,384 | 9,922 | |
| hiterest onbark deposits | 2 | 2 | 5 | ||
| Total tucomiu Resources |
f300,000 | f22,360 | f,9,026 | f,331,386 | Kl,361,885 |
| RESOURCES EXPENDS | |||||
| Direct charitable expenditure: | |||||
| Grants (ii'ote 3) | 6,873 | 16,876 | |||
| Other expendit &re: |
|||||
| Management and adrnini=-tration |
|||||
| (Note 4) | 2 174 | 2.174 | 2774 | ||
| Total Resources Kx ended | K9,047 | f,9,047 | f19,650 | ||
| NKT INCOME/ XPENOITURK |
|||||
| gKFORK INVKSTMKNT QAINS/ | /300,000 | f22,360 | f(21) | f.322,339 | f.l,342,235 |
| K220,192 | .6220,192 | K(18,391) | |||
| AM9 NKT MOVKMKNT IN | |||||
| 320 192 | 22 360 | ~21 | II 323 II44 | 1323 044 | |
| Fund balances brought fonvard | K1,525,028 | /1,108 | 59,016 | 11,605,152 | $281,308 |
| FUNB BALANCES CARRIED | |||||
| FORWARD | 52,115,220 | %23,468 | K8,995 | f2,147,683 | Kl,605,152 |
| K1,040,679 | |||||
|---|---|---|---|---|---|
| 860,000 | |||||
| 26,034 | |||||
| 2302 | |||||
| ~BITORS: | |||||
| amounts due within one year (Note 6) | |||||
| ABETASSKTS | 62,147,683 | ||||
| 1,595,028 | |||||
| WCO~ | FILABS | ||||
| Restricted | Reeds +tote | 3l.2) | 23,468 | ||
| Uur~cted Iused | |||||
| Approved. | |||||
| 62,147,683 | |||||
| by %eSeard | ofTrustees em | )3~ | |||
| aud sigmoid | oa BsbekaK | by: | |||
| AIr 34FieM(C5~am) | |||||
| Mr ~%Purser (Hee-Cb~am) |
| CASH FLOVVS FROM OPERATING ACTIVITIES: | ||
|---|---|---|
| Net cash (used in) operating activities (Note 1) |
X(9,599) | X(18,028) |
| I-come Rom hs ed mvestments | 9,922 | |
| Interest Received | 5 | |
| f31,386 | K9,927 | |
| BKCRKASK IN CASH ANB | ||
| CASH K UIVALKNTS IN THK YKAR |
f21,787 | K(8,101) |
| CASH A~i CASH K UIVALKNTS AT THK |
||
| BKGINNING OFTHK YEAR | K6,549 | f14,650 |
| CASH ANB CASH K UIVALKNTS ATTHE |
||
| KNBOFTHK YEAR | f28,336 | f14,650 |
| Note I —Reconcihation ofnet e~pendihu eto net cash liow from oyeratieg activities | ||
| Net income for the reporting period | 542,531 | 1,323,844 |
| Adjustments for. |
||
| Investment assess acCfiB1ed from legacy |
(791@32) | |
| (Gains):&oases on Investnients | (220,3192) | 18,391 |
| Dividends and interest from investments |
(31,386) | (9,927) |
| (Decrease)/increase in creditors |
(636) | 1,596 |
| (increase)/decrease in debtors |
(300,000) | (560,000) |
| Eipenses paid froin investtnents | 114 | |
| income reinvested | (30) | |
| K(18,028) |
| Nuxnber | 292i Value | |||||
|---|---|---|---|---|---|---|
| 2 | 1,423 | |||||
| 5 | 5450 | |||||
| ~5.873 | ||||||
| The followmg | xnaterial | grants were | made to | |||
| mstitutxons-- | ||||||
| XCBIC-'5i'ade Academy | ||||||
| Other Total |
unanalyzed grants ~ts payablc to mstxtutxons |
|||||
| 3 | Mana exncnt |
Bnd Administration | Costs | |||
| Accountants' | Fees | |||||
| Auditors Fees and Expenses Investment mana~' fees Clerk's Salary and expenses |
302 24.. |
| For the ear ended 3 |
1March 2021 | 1March 2021 | ||
|---|---|---|---|---|
| 4 | Fixed Asset Investments | I.isted investments | Cash | |
| FairValue at31March 2020 | 1,040,377 | 302 | ||
| Add: additions during the period | 5,296 | (5,296) | ||
| Less: di.=posals at carrying value | (5,755) | S,145 | ||
| Add: transfer in in thc period | 30 | |||
| Management fees |
114 | |||
| Net gam on reval:ation at31March 2021 | 220 802 | |||
| FairVa!ue as at31March 2021 | f,?,260,720 | |||
| Historical Costs as at31March 2021 | f900580 | |||
| Anal sis ofinnvestments |
Fair value at | Ie | ||
| Cost | ||||
| Cash or cash equivalents | ||||
| Listed Hivestments | ~160720 | |||
| Grand Total | f1,260,720 |
| At | ||
|---|---|---|
| j.42928 | ||
| 253,645 | ||
| 1341983 | 300000 | |
| l,595,623 | 366,666 | 2,ll5+26 |
| 12 | Restricted Funds | |||||
|---|---|---|---|---|---|---|
| At | Incoming | Outgoing | At | |||
| 14.2020 | Resources | Resources | 31.3.2021 | |||
| March Silver Jubilee Scholai~hip Fund G0PBrev.in Scholarship Fund |
145 963 |
115 22,245 |
260 23,208 |
|||
| KI,108 | K22,360 | f23,468 |