2021-12-31-accounts - Osteopathic Trusts

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					2021	2020
			Unrestricted	Endowment	Total	Total
			fund	fund	funds	funds
		Notes		f
INCOME AND ENDOWMENTS FROM
Donations and legacies			902		902	9,477
Charitable activities
Osteopathic Association Clinic			106,135		106,135	69,565
Other trading activities		2	32,538		32,538	20,529
Investment income		3	3,027		3,027	2,740
Other income			3,110		3,110	12,740
Total			145,712		145,712	115,051
EXPENDITURE ON
Raising funds					1,040	1,637
Charitable activities
London College ofOsteopathic Medicine						3,003
Osteopathic Association Clinic			175,685		175,685	131,988
Total			176,725		176,725	136,628
Net gains/(losses) on investments			7,510		7,510	(11,784)
NET INCOME/(EXPENDITURE)			(23,503)		(23,503)	(33,361)
RECONCILIATION	OFFUNDS
Total funds brought forward			244,376	47,942	292,318	325,679
TOTAL FUNDS CARRIED FORWARD			220,873	47,942	268,815	292,318

				2021	2020
		Unrestricted	Endowment	Total	Total
	Notes	fund	fund I	fundsI	funds 8
FIXEDASSETS
Tangible assets Investments	8 9	235,164 15,705	47,942	235,164 63,647	235,164 56,136
		250,869	47,942	298,811	291,300
CURRENT ASSETS
Debtors	10	157		157	430
Cash at bank and in hand		72,370		72,370	68,225
		72,527		72,527	68,655
CREDITORS
Amounts falling due within one year	11	(102,523)		(102,523)	(67,637)
NKT CURRENT ASSETS		(29,996)		(29,996)	1,018
TOTAL ASSETSLESSCURRENT
LIABILITIES		220,873	47,942	268,815	292,318
NET ASSETS		220,873	47,942	268,815	292,318
FUNDS	13
Unrestricted funds				220,873	244,376
Endowment funds				47,942	47,942
TOTAL FUNDS				268,815	292,318

				2021	2020
	Room rental			32,538	20,505
	Sundry income				24
				32,538	20,529
3.	INVESTMENT INCOME
				2021	2020
	Dividends			3,027	2,740
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated atter charging/(crediting):
				2021	2020
	Independent examination	fee		2,202	2,184
	TRUSTEES' REMUNERATION		AND BENEFITS
	During the year atotal of$215(2020:KML) was paid tothe Trustees'			in respect ofadministrative	expenses.
	Tlllstccs cxpcMcs
				2021	2020
	Tfilstccs cxpcllscs			215

STAFFCOSTS
						2021		2020
						8
Wages and salaries						27,806		30,801
Social security costs						1,118
Other pension costs							187	545
						29,111		31,346
The average monthly	number ofemployees				during the year was as follows:
						2021		2020
							3	4
No employees received		emoluments		in excess of860,000.
COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
					Unrestricted	Endowment		Total
					fund	fund		funds
								8
INCOME AND ENDOWMENTS				FROM
Donations and legacies					9,477			9,477
Charitable activities
Osteopathic Association		Clinic			69,565			69,565
Other trading activities					20,529			20,529
Investment income					2,740			2,740
Other income					12,740			12,740
Total					115,051			115,051
EXPENDITURE ON
Raising funds					1,637			1,637
Charitable activities
London College ofOsteopathic			Medicine		3,003			3,003
Osteopathic Association		Clinic			131,988			131,988
Total					136,628			136,628
Net gains/(losses) on investments					(11,784)			(11,784)
NKT INCOME/(EXPENDITURE)					(33,361)			(33,361)
RECONCILIATION		OFFUNDS
Total funds brought forward					277,737	47,942		325,679

7.	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued
		Unrestricted	Endowment	Total
		fund	fundI	funds
	TOTAL FUNDS CARRIED FORWARD	244,376	47,942	292,318
8.	TANGIBLE FIXEDASSETS
			Fixtures
		Freehold	slid
		property	fittings	Totals
		g	8
	COST
	At 1January 2021 and 31December 2021	235,164	94,288	329,452
	DEPRECIATION
	At 1 January 2021 and 31December 2021		94,288	94,288
	NET BOOKVALUE
	At 31December 2021	235,164		235,164
	At 31December 2020	235,164		235,164

Included in the above are the follow	ing investments which re	present over 5'/o ofthe total value of	investments:
		Market value	Market value
		2021	2020
Unit Trusts:			I
MEcG Securities Limited Charifund	Inc	63647	56 136
		63647	~56 13

10.	DEBTORS	:	AMOUNTS	FALL	ING DUE WITHI	N ONE Y	EAR
									2021	2020
	Prepayments		and accrued	income					157	430
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE						YEAR
									2021	2020
										f.
	Bank loans and overdmgs Trade creditors			(see note 12)					44,487 2,100	50,000
	Other creditors								9,580	9,580
	Accrual sand		deferred income						37,360
	Accrued expenses								8,996	8,057
									102,523	67,637
12.	LOANS
	An analysis	ofthe maturity		ofloans isgiven below:
									2021	2020
									f.	f
	Amounts falling due within			one year on demand;
	Bank loans								44,487	50,000
13.	MOVEMENT IN FUNDS
									Net
									movement	At
							At	1/I/21	in funds	31/12/21
								8	f
	Unrestricted		funds
	General fund						244,376		(23,503)	220,873
	Endowment		funds
	Endowment	Fund					47,942			47,942
	TOTAL FUNDS						292,318		(23,503)	268,815
	Net movement		in funds, included		in the above are as	follows:
						Incoming	Resources		Gains and	Movement
						lesoul'ces	expended		losses	in funds
									f.
	Unrestricted		funds
	General fund					145,712	(176,725)		7,510	(23,503)
	TOTAL FUNDS					145.712	(176,725)		7,510	(23,503)

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		8	8	8
Unrestricted	funds
General fund		115,051	(136,628)	(11,784)	(33,361)
TOTAL FUNDS		115,051	(136,628)	(11,784)	(33,361)