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2021-12-31-accounts

Pacaee
Reference and administrative information
Report of the Trustees 3-9
Report of the Independent Examiner 10
Statement of financial activities
Balance sheet 12
Notes forming
part of
the financial statements 13-18

~ 23 years old, or under: 0'/0 (2020: 6'/o)
~
~
24 —29:
30-35:
69/0
18/0
(2020:
(2020:
61 /0)
15/0)
~ 36-45: 9/0 (2020: 1 1 /0)
~ 46 and over: 4 /0 (2020: 7/0)

Note Total Total
2021 2020
Income and endowments
Unrestricted income
Income from donations
and
legacies 7,067 6,253
Investment
income
169,460 155,999
Total incoming
resources
176,527 162,252
Expenditure
Expenditure
on charitable
activities
Grants to individuals 153,056 151,329
Total expenditure 153,056 151,329
Net income/(expenditure) and net movement
in funds before gains and losses on investments 23,471 10,923
Restricted income
Net gains/(losses)
on investments
10 506,310 -440,126
Net movement
in funds
529,781 -429,203
Reconciliation
offunds
Total funds brought
forward
3,783,400 4,212,603
Total funds carried forward 4,313,181 3,783,400

Total Total
funds funds
Note 2021 2020
Fixed assets
Tangible assets
Investments
9
10
4,220,248 270
3,707,478
Total Fixed Assets 4,220,248 3,707,748
Current assets
Debtors
Cash at bank and in hand
879
94,106
858
77,467
Total Current Assets 94,985 ?8,325
Liabilities
Creditors:amounts
falling due
within one year
12 2,052 -2,673
Net Current Assets 92,933 75,652
Net assets 4,313,181 3,783,400
The funds ofthe charity
Unrestricted
income funds
Restricted income funds
92,933
4,220,248
75,922
3,707,478
Total charity funds 13 4,313,181 3,783,400

Investment
inc
ome
2021 2020
M&G Charifund - Unit Trust 132,844 119,968
CCLA Charifund - Unit Trust 36,61Q 35,987
Interest on cash deposits 6 134
169,46Q 156,089

Cost type Total allocated Governance Other support apportionment
F F
Staff costs 26,572 9,300 17,272 Staff time
Employer's Liability Insurance 1,017 356 661 Staff time
Office and computer expenses 1,557 545 1,012 Staff time
Freelancer expenses 448 157 291 Staff time
Sundry administrative costs 131 46 85 Staff time
29,724 10,403 19,321
Governance costs 2021 2020
Travel and meetings costs
Accountancy fees 2,052 2,052
Legal fees 4,980 1,620
Support costs 10,403 11,465
17,435 15,137
The ch arit y undertakes
its char
itable
activities t
hrough
grant
making
and awarde
making
and awarde
d
gran
ts to indiv iduals
and
Grant funded Support and
activity governance costs Total Total 2020
F F F
Grants to individuals 116,300 36,756 153,056 151,329
116,300 36,756 153,056 151,329

Analysis of grant s
Grants to Grants to
institutions individuals
Postgraduate
grants
116,300
116,300
2021 2020
Grants to individuals E
Originally awarded 135,200 129,900
Grants not taken up/withdrawn 18,900 - 15,000
Total for the year 116,300 114,900
Number of awards taken up 119 113

2021 2020
Salary: Administrator 24,604 26,579
Employer's
National
Insurance
Pension contributions 1,968 1,893
26,572 28,472

FOR TH E YEAR ENDED 31 DECEMBER 2021
9 Tangible fixed assets 2021 2020
E
Offic equipment
Cost
At 1 January 2021 1,549 1,549
Additions
for the year
At 31 December 2021 1,549 1,549
~De reciation
At 1 January 2021 1,279 1,009
Charge for the year 270 270
At 31 December 2021 1,549 1,279
Net book value
At 31 December 2021 270
At 1 January 2021 270
10 Fixed Asset Investments
Direct investments
in listed securities
No.of units 2021 2020
M8 G Charifund E
Movement
in fixed asset investments
Market value brought
forward
at 1 January 2021 179,262 2,460,505 2,989,364
Less: withdrawals
from investments
at cost
Add: additions
to investments
at cost 431 6,460 6,225
Net gain/ (loss) on revaluation 329,421 - 515,084
Market value as at 31 December 2021 179,693 2,796,386 2,460,505
No.of units 2021 2020
CCLA COIF Investment
Fund
E
Movement
in fixed asset investments
Market value brought
forward
at 1 January 2021 69,232 1,246,973 1,172,015
Add: additions
to investments
at cost
Net gain/ (loss) on revaluation 176,889 74,958
Market value as at 31 December 2021 69,232 1,423,862 1,246,973
trade at cost (that is their tra nsaction
value).
Historic cost of investments carried forward 4,220,248 3,707,478
Analysis of current assets 2021 2020
E
Prep ayments 879 858
Cash at bank
Current accounts 81,919 41,889
Short term cash deposits 12,187 35,577
94,985 78,325

FOR THE YEAR ENDED 31 DECEMBER 20 21
Analysis of current liabilities 2021 2020
Salaries /2/
Accruals 2,052 2,052
Grant for 2021 paid in 2022 500
2,052 2,673
All creditors in 2021 and 2020 relate to unrestricted funds.
Analysis of charitable funds
Analysis of
fund Gains and
movements Balance b/fwd Income Expenditure losses Fund c/fwd
Unrestricted
funds 75,922 176,527 159,516 92,933
Restricted
funds 3,707,478 6,460 506,310 4,220,248
Total 3,783,400 182,987 - 159,516 506,310 4,313,181