##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|P|'~|II0|O 3 R|O 3 R|O 3 R|g|0 O
00||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||00 00||r4||||00||||00||
||||||||ID||||||M||
||||||N|||C|||00||||
||||||00|||i
ID|M||Irl|M
00|M|M
C'|
|||||||||||O|||||
||||||||||M||||||
|||||||||Ct
Vt||||tD||cn|
|||||||||||||||It|
|||||||||||Ci|||||
|||||||||Frl|||||||
|||||||||M|||||||
|g|P||t"
CV|g~j
M||00"||||||||m
00|
|||||||||||||||Vl|
||||||||O||||||||
||||||||||||||ID||
|||||||||lO|||||||
|||||ID|Ifi||||||||||
|CC|||||||||||||||
||||||||Ct|Ct|||||||
||||||||00||||00||||
||||||||Vi
00||||||||
||||||||M|M|||||||
##
||Notes|2021||2020||
|---|---|---|---|---|---|
|||8||||
|FIXBDASSBTS||||||
|Tanglblo assets
Investments|12
13||1,126,161
16,158,541||1,149,640
13,566,504|
|TOTAL FIXEDASSETS|||17,284,702||14,716,144|
|CURRENT ASSETS||||||
|Debtors
Short term doposlts
Cash at batdr and in hand|14|67,013
213,517||7,567
291,468
191,973||
|TOTAL CURRENT ASSETS||2801530||491,00&||
|LIABILITIES:||||||
|Creditors: Amounts
falling due||||||
|within one year
NET~ASSETS|15|(32,065)|248,465|(23,422)|417,586|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIBS|||17,533,167||15,133,730|
|Provisions
for liabilities
and oharges|16||(38,442)||(50,199)|
|TOTAL NBTASSETS|||17,494,725||15,083,531|
|THE FUNDS OF THE CHARITY,'||||||
|Restrioted
funds
Endowment
funds
Unrostri oted firn de,'|17
18||2,593,253
10,833,466||2,202,791
9,467,799|
|Designated
1'ends
Other oharltable
funds|19
19|91,519
3,976,487|4,068,006|94,076
3,318,865|3,412,941|
|TOTAL CHARITY FUNDS|||17,494,725||15,0&3,531|
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||Total|Total|
|||||Notes|Funds|Puudh|
|Cash flows from operating|activiticst'||||||
|Act cmh provided
by (used|in) operating||uctlvlales|21|(164,551)|(277,055)|
|Cash flows from investing|actlvltlem||||||
|Investment
income|||||||
|Purchase oftangible lixed assets
Purchase ofinvestmcut
fixed assets
Dlsposai ofinvestment
fixod assets|||||364,023
(2,998)
(2,101,579}
1,635,131|329,860
(9,952)
(1,198,637)
1i318,777|
|I&etcosh provided
by (used|in) lnvcrtlng||activities||(105,373)|440,048|
|Change I» cash and cash cfuivalcnts
Cash and cash equivalents
brought||ln the year
forward|||(269,924)
483,441|162,993
320,448|
|Cash and cash equivalents|carried forward||||213,517|483,441|
##
##
##
##
##
##
##
|FINANC|IA|STATEMBNTS FOR THE YEAR|ENDED 30TH SEPTBM|BER2021||||
|---|---|---|---|---|---|---|---|
|NOTES|TO|THE FINANCIAL
STATBMENTS||||||
|2,||INCOME FROM DONATIONS
POR THE YEAR ENDED 30TH|AND LEGACIES
SBPTEMBER2021|Unrestrlctod
Funds|Restricted
Punds|Endowment
Funds|2021
Total|
|||Donations
Gilt Aid||229,893|6
6,703
1,250||6
236,596
1,250|
|||||229,893|7,953||237,846|
|||INCOME FROM DONATIONS
AND LEGACIES
FOR THE YEARENDBD 30TH SBPTBMBER2020||Unrestricted
Funds|Restricted
Funds|Endowment
Punds|2020
Total|
||||||f.|||
|||Donations
Gill Aid||6,453|14,100
1,250||20,553
1,250|
|||||6,453|15,350||21,803|
|||INCOME PROM CHARITABLE ACTIVITIBS
YEAR ENDED 30TH SBPTBMBER2021||Unrestdoted
Funds|Rcstrfoted
Punds|Endowment
Pucds|2021
Total|
|||Grants|||f,
190,327|'f|190,327|
|||INCOME FROM CHARITABLE ACTIVITIES
YEAR ENDED 30TH SEPTEMBER2020||Unrestricted
Funds|Restrloted
Pur? Cls|Endowment
Funds|2020
Toad|
|||||||f.|5|
||||||189,660||189,660|
|||INCOME FROM INVESTMENTS
YEAR.ENDED 30TH SEPTBMBERZ021||Unrestricted
Funda|Restricted
Funds|Endowment
Punds|2021
Toml|
|||Interest receivable
Dividends
reocivablc
Rents rocclvable
(No 2 Sylvester Roadi||6
28
41,931
32,194|55,053|234,817|f
28
331)801
32,194|
|||||74,153|55,053|234,817|364,023|
|||INCOMB FROM INVBSTMENTS
YEAR ENDED 30TH SEPTEMBER2020||Unrestricted
Funds|Restricted
Funds|Endowment
Funds|2020
Total|
|||||f.||||
|||Interest receivable
Dividends
receivable
Rents receivable (No 2 Sylvester Road)||3,169
67,183
32,111|49,285|178,112|3,169
294,580
32,111|
|||||102,463|49,285|178,112|329,860|
|5||INCOMB FROM OTHER
YEAR ENDFD 30TH SBPTBMBBR2021||Umestrictod
Funds|Restrioted
I'unde|Endowment
Funds|2021
Total|
|||Royalties
Sundry||7,820
862|43||7,820
905|
|||||8,682|43||8,725|
|||INCOME FROM OTHER
YEAR ENDED 30TH SBPTElvIBER2020||Urlf est?Iota?i
Ftmds|Restricted
Funds|Bndowment
Funds|2020
'1'otol|
|||Royalties
Sundry
Govornment
Grants||16,324
258
1,312|1,172||f,
16,324
1,430
1,312|
|||||17,894|1,172||19,066|
##
|6,|EXPENDITURE ON'.|EXPENDITURE ON'.|||||||
|---|---|---|---|---|---|---|---|---|
||RAISING FUNDS||||Unrestricted|Rostrlcted|Endowment|2021|
||YEAR ENDED 30TH SEPTEMBBR2021||||Funds|Funds|Punds|Total|
||Fundralsing
ccats||||||||
||EXPBNDITURE ON,|'|||||||
||RAISING FUNDS||||Unrcstrloted|Restricted|Endowmont|2020|
||YEAR ENDED 30TH SEPTEMBER2020||||Punds|Funds|Punds|Total|
|||||||6|6||
||Fundraising
costs|||||691||691|
||CHARITABLE ACTIVITIES||||Unrestricted|Rrstrlctod|Endowment|2021|
||YEAR ENDED 30TH SEPTEMBER2021||||Funds|Funds|Funds|Total|
||||||||f,||
||Aosdemlc
and related|costs|||169,610|101,874||271,484|
||Bstablhhment
costs||||61454||16,770|78,024|
||OIEoe and support
costs||||146,926|11,387||158,313|
||Govemanoe
costs||||7,390|155||7,545|
||||||385,180|113,416|16,770|515,366|
||ANALYSIS OP EXPENDITURB|||ON CHARITABLE|Unrestricted|Restricted|Bndowment|2021|
||ACTIVITIES YBAR ENDED 30TH SEPTEMBER2021||||Funds|Funds|Funda|Total|
||Academic and related|costa|||8||8|6|
||Salari as (aoademlo)||||85,193|57,780||142,973|
||Sslsrlcs (librmtan)||||63,732|26,691||90,423|
||Research grants|||||14,500||14,500|
||Books and poblioations||||4,936|1,680||6,616|
||Travel and aocoinmodstion||||55|||55|
||Computer
costs||||9,327|||9,327|
||Telephone,
postage and photocopying||||3,373|||3,373|
||Other (inoL leoture and exhibition|||expenses)|2,994|1,223||4,217|
||||||169,610|101,874||271,484|
||Establishment
costs||||||||
||Rates||||12,186|||12,186|
||Insuranoe||||14,947|||14,947|
||Repairs and malntenanoe||||9,658|||9,658|
||Water, light snd heat||||7,410|||7,410|
||Clean!ng||||8,348|||8,348|
||Gardening
ond grounds||||8,670|||8,670|
||Ground rent||||35|||35|
||Depreciation||||||16,770|16,770|
||Offic sod support
costs||||61,254||16,770|78,024|
||Other salaries||||65,946|||65,946|
||Depreoiation||||8,483|1424||9,707|
||Printing
ond stationery||||877|282||1,159|
||Entettainlng||||199|||199|
||Invcstmont
broker charges||||71,445|9,881||81,326|
||Foreign exohangc
gain||||(24)|||(24)|
||||||146,926|11,387||158,313|
||Governsnco
costs||||||||
||Audit snd ncccuntancy||||6,196|||6,196|
||Other legal and professional||fees||1,194|155||1,349|
||||||7,390|155||7,545|
||||||385,180|113,416|16,770|515,366|
##
##
|EXPENDITURE ON,'|||||||
|---|---|---|---|---|---|---|
|CHARITABLE ACTIVITIBS|||Unrestricted|Rosttioted|Endowmerrt|2020|
|YEAR ENDBD 30TH SBPTEMBER2020|||Funds|Funds|Funds|Total|
||||||8||
|Acadmnic
and related costs|||182,062|202,120||384,182|
|Establishment
costs
Of&co and support costs|||59,544
150,482|1,288
19,181|16,770|77,602
169,663|
|Governanoe
oosts|||6,062|300||6,362|
||||398,150|222,889|16,770|637,809|
|ANALYSIS OF EXPENDITURE||ON CHARITABLE|Unrestricted|Restricted|Endow?cent|2020|
|ACTIVITIES YEAR BNDBD 30TH SEPTBMBBR2020|||Funds|Funds|Funds|Total|
|Acadendc and related costs||||6|||
|Salaries (aoadcmlo)
Salmire
(librarian)
Research grants
Books and publications
Travel and aoconunodation
Computer
coats
Telephone,
postage and photocopying
Other (Incl. lecture and exhibition
oxpenses)|||98,054
64,335
6,095
938
6,832
3,774
2,034|68,445
26,676
84,220
2,036
7,765
66
12,912||166,499
91,011
84,220
8,131
8,703
6,832
3,840
14,946|
|Establishment
costs|||182,062|202?120||384,182|
|Rates|||12,110|||12,110|
|Insurance
Repairs and maintenance
Water, light and host
Cleaning
Gardening
and grounds|||14,404
10,978
6,964
7,000
8,053|1,288||14,404
12,266
6,964
7,000
8;053|
|Ground rent|||35|||35|
|Depreciation|||||16,770|16,770|
|Office and supper& costs|||59,544|1,288|16,770|77,602|
|Other salaries
Depreciation
Printing
and statlonory
Bntertaining|||70,262
8,528
981
446|1,224
3,097
1,403||70,262
9,752
4,078
1,849|
|Investment
broker charges|||70,282|13,457||83,739|
|Foreign
exohangc gains|||(17)|||(17)|
|Governance
costs|||150,482|19,181||169,663|
|Aud It ond accountancy|||5,&96|||5,896|
|Other legal and professional|fees||166|300||466|
||||6,062|300||6,362|
||||398,150|222,889|16,770|637,809|
##
|NET INCOME FOR THE YEAR.|NET INCOME FOR THE YEAR.||2021|2020|
|---|---|---|---|---|
|This is stated after chargingl|||||
|Auditors
remuneration|~ external|audit|6,196|5,896|
||-non audit|services|||
|Depreciation oftangible fhed|sssots||26,477|27,062|
##
|The average number ofstaff employed,
anaiysed
by funct|ion,
eanployed
during the year were.||
|---|---|---|
||2021|2020|
||Number|Number|
|Aoademic|7|7|
|Administration|||
||3|2|
|Establlsbrnent|I|I|
||11|10|
##
||
to its charitable
objsots, No tax charges
have arisen in the|
year.||app|e|
|---|---|---|---|---|---|
|12.|TANGIBLE FIXEDASSETS
YEAR ENDED 30TH SEPTEMBER2021|Lang
Leasehold|Fixtures &
Fittings|Equipment
&Sofhvare|Total|
||||6||f|
||COST|||||
||Balance at 1st October 2020
Additions|1,626,664|70,813|25,424
2,998|1,722,901
2,998|
||Balanoe at 30th September 2021|1,626,664|70,813|28,422|1,725,899|
||DEPRECIATION|||||
||Balance at 1st October 2020
Charge for the year|503,018
16,770|51,675
5,720|18,568
3p987|573,261
26,477|
||Balance at 30th Septelnber 2021|519,788|57,395|22,555|599,738|
||NETBOOK VALUE as at 30th September 2021|1,106,876|13,418|5,867|1,126,161|
##
|12,|TANGIBLE FKBDASSETS||Long|Fixtures
&|Bqulpment||
|---|---|---|---|---|---|---|
||YEAR ENDED 30TH SEPTEMBER 2020||Leasehold|Fittings|&Software|Total|
||||f||||
||COST||||||
||Balanoe at 1st Octobor 2p19||1,626,664|62483|23,902|1,712,949|
||Additions|||8,430|1,522|9,952|
||Balanoe at 3Pth Septomber 202P||1,626,6(i4|70,813|25,424|1,722,901|
||DBFRBCIATION||||||
||Balance at 1st Octobor 2p19||486,248|4$,731|14420|546,199|
||Charge for tho year||16,770|5,944|4,348|27,062|
||Balance at 30th Soptember 2020||503,018|51,675|18,568|573,261|
||NET BOOK VALUE ns at 30th September 2020||1,123,646|19,138|6,856|1,149,640|
|13.|INVESTMENT FIXEDASSETS||2021||2020||
|||||Market||Market|
||||Cost|Value|Cost|Value|
||||||f|f|
||Investment
properties
- long leasehold||111,548|1,200,000|111,548|1,200,000|
||Listed investments||9,704,7II|14,835,338|8,534,567|12,123,327|
||Capital account||123,203|123,203|243,177|243,177|
||||9,939,462|16,158,541|8,889,292|13,566,504|
||Mnrkot value et 1st Octobor|||13,323,327||13,187,275|
||Listed investments
acquired|||2,101,529||1,198,637|
||Listed investments
disposed|||(1,5 15, 157)||(1,516,550)|
||Realised (losses)/gains|||(7S,758)||(202,500)|
||Gains/(losses)
on revaluations|at 30th September||2,201,397||656,465|
||Market value at 30th September|||16,035,338||13323,327|
||No listed investtncnt,|No listed investtncnt,|excluding|oash balances,|made up moro than 5'/o oftho portfolio,|||
|---|---|---|---|---|---|---|---|
|14,|DBBTORS|||||?021|2020|
||Due within
one yenr:|||||f|f|
||Prepaymonts|and acorued Income||||1,709|7,567|
||Other debtors|||||6$,304||
|||||||67,013|7,$67|
|15.|CREDITORS|||||2021|2020|
||Due within
one year,|||||||
||Trnde oreditors|||||54|56|
||Accruals
nnd|deferred|income|||29,986|71,341|
||Deposit held|||||2,025|2,025|
|||||||32,065|73,422|
|16|PROVISIONS FORLIABILITIES|PROVISIONS FORLIABILITIES||
|---|---|---|---|
||||2021|
||Balance at 1st October 2020|||
||Provision|identified
in the year|50,199|
||Movement|In provision||
||Balance at 30th September 2021||(11,757)|
||||38,442|
||PROVISIONS FOR LIABILITIES|||
||||2020|
||Balance at 1st Ootober 2019|||
||Provision|identified
in the year|53,131|
||Movement|In provision|1,594|
||||(4,526)|
||Ba!ance at|30th September 2020||
||||50,199|
|~)~OP, P-|~)~OP, P-|~)~OP, P-|~)~OP, P-|CO
00
00|I|Vl
O
CO||O|CO||'|)L'Q|)L'Q|)L'Q|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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|||||||||00
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|||||||||00|CC||||||||||||||||||
||OI||||||||||||Ol|N|||||||||||||
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Ott||||||||M|0||||
|||||ZCO||0,||||mO||Vl|||||
|||||M ~4|||||||||f3||||
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|||||||||||m|||lf|II|||
||||||||||||j||||||
|||||||||||||||,9|||
|||||||||||||||||.I I|
|||||||||||||||8|||
||||||||||0||j8||||||
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O|l0|0|W 00|~,|Q~|g||||||||
||p||||||||||||||||
|18,|ENDOWMENT
PUNDS
YEAR ENDBD 30TH
SEPTEMBER2021|Balance
B/Fwd.|Income|Expenditure|Revaluation
Gains
f|Transfers|Balance
C/Fwd,|
|---|---|---|---|---|---|---|---|
||Building Fund
Building Fund (South Wing)
Endowment
Fund
Endowment
Fund Library
Joseph Ncodharn
Esmte|715,907
460,076
7,784,077
21,850
485,889|234,817|(10,650)
(6,120)|1,382,437|(234,817)|705,257
453,956
9,166,514
21,850
48S,889|
|||9,467,799|234,817|(16,770)|1,382,437|(234,817)|10,833,466|
|UNRESTRICTED FUNDS
YEAR ENDED 30TH
SBPTEMBER2020|Belanoe
B/Pwd,
f,|Incorue|Expenditure|Revaluation
Gains|Transfers
f|Balanco
C/Fwd,|
|---|---|---|---|---|---|---|
|Designated
fuads;|||||||
|Building repairs fund
Computer
and equipmcut|24,000||||4,000|28,000|
|fund
Library Special Fund|27)143
35,199|191|(2,992)|1,535|5,000|27,143
38,933|
||86,342|191|(2,992)|1,535|9,000|94,076|
|Other charitable
funds|3,280,621|126,619|(395,158)|117,881|188,902|3,318,865|
||3,366,963|126,810|(398,150)|119,416|197,902|3,412,941|
##
|ANALYSIS OF NBTASSETSBBTWEBN FUNDS
YEAR ENDED 30TH SEPTElvlEER 2021
Unrestrloted|ANALYSIS OF NBTASSETSBBTWEBN FUNDS
YEAR ENDED 30TH SEPTElvlEER 2021
Unrestrloted|ANALYSIS OF NBTASSETSBBTWEBN FUNDS
YEAR ENDED 30TH SEPTElvlEER 2021
Unrestrloted|ANALYSIS OF NBTASSETSBBTWEBN FUNDS
YEAR ENDED 30TH SEPTElvlEER 2021
Unrestrloted|Restricted|Endowment|2021
Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|Fund balanoes
at 30th September
Tangible fixed assets
Investment
fixed assets
Debtors
Cash at bank and in hand
Currant
liabilitlos
Provisions
for liabilities|are|represented|by„
11,781
4,107,610
62,130
(43,008)
(32,065)
(38,442)|7,504
2,355,806
4,883
225,060|1,106,876
9,695,125
31,465|1,126,161
16,158,541
67,013
213,517
(32,065)
(38,442)|
|Net assets|||4,068,006|2,593,253|10,833,466|17,494,725|
|ANALYSIS OP NET ASSETSBETWBBNFUNDS
YEAR ENDED 30TH SEPTEMBER 2020
Unrestrlctod||||Restricted|Endowment|2020
Total|
||||Funds|Funds|Punds|Funds|
|Fund balances at 30th September|are reprosonted||by, ,||||
|Tangible flxed assets
Investment fixe assets
Dobtors
Cash at bank and in hand
Current
liabilities
Provisions
for liabilities|||16,185
3,558,565
7,567
(45,755)
(73,422)
(50,199)|9,809
1,868,037
324,945|1,123,646
8,139,902
2042.51|1,149,640
13,566,504
7,567
483,441
(73,422)
(50,199)|
|Not assets|||3,412,941|2,202,791|9,467,799|15,083,531|
|RECONCILIATION
QFNET MOVEMENT IN|||FUNDS TO NET CASH FLOW|FROM OPERATING ACTIVITIES|||
||||||2021|2020|
|Net movement
in t'ends
Add: Depreciation
Less, Investment
incomo|||||2,411,194
26,477|375,854
27,062|
|Less,' Gains on investments
Decrease/(lnorease)
in debtors
Increase/(decrease)
ln oreditors
((Decreaso)/fnoresse
in provisions|||||(364,023)
(2,125,639)
(59,446)
(41,357)
(11)757)|(329,860)
(453,965)
74,625
32,161
(2,932)|
|Net cash provided
by (used in) operating||activities|||(164,551)|(277,055)|
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||2019|2018|
|---|---|---|
|Males
oun ently aged 65 (years)|24,6|24,5|
|Pemalcs currently
aged 65 (years)|26.1|26,0|
|Malos currently
aged 45 (years)|26,6|26.5|
|Females currently
aged 45 (yesrs)|27.9|27,8|
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