# # # ## ## |||Page| |---|---|---| |Charity information||| |Trustees'
report||| |Independent
auditors'|report|| |Statement offinancial|activities|| |Balance sheet||| |Accounting
policies||10| |Notes to the financial|statements|12| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||Income|Endowment|Total|Total| |||||Note|Fund
f|Fund
f|Funds
f|Fundsf| |INCOME AND ENDOWMENTS
FROM:||||||||| |Donations
Investment
income and deposit interest
Income from other trading
activities - sale of donated
Total Income and endowments|||paintings||35,000
34,604
752,562
822,166||35,000
34,604
752,562
822,166|35,000
36,438
71,438| |EXPENDITURE ON:||||||||| |Charitable
activities||||||||| |Grants made during the year under
(i) Interchange
of lecturers
(ii) Teaching ofChinese language|Charter headings
and literature
in U.K. universities||||6,000
2,000||6,000
2,000|7,763
4,000| |(iii) Intellectual
and cultural
Library and museum
grants
UK Studentship
Travel grants
Grants for Chinese to study
Miscellaneous|in the U.K.||||26,000
19,584
28,270
14,000
3,300
99,154||26,000
19,584
28,270
14,000
3,300
99,154|16,000
19,315
24,506
14,000
4,100
89,684| |Support costs
Secretarial
and other administration
Members
travel
Bank charges
Auditors fees|costs||||11,223
113
30
1,260
12,626||11,223
113
30
1,260
12,626|12,273
1,426
30
1,260
14,989| |Total|||||111,780||111,780|104,673| |Net gains/(losses)
on investments|||||65,930|131,880|197,810|(127,580)| |Net income/(expenditure)|||||776,316|131,880|908,196|(160,815)| |Transfers
between funds||||||||| |Net movement
in funds|||||776,316|131,880|908,196|(160,815)| |RECONCILIATION
OF FUNDS||||||||| |Total funds brought forward||||11|11,743|844,725|856,468|1,017,283| |Total funds carried forward||||11|788,059|976,605|1,764,664|856,468| ## ## |||2021||2020|| |---|---|---|---|---|---| ||Note||||| |FIXEDASSETS
Investments|||1,712,535||844,725| |CURRENT ASSETS
Debtors
Cash at hand and in bank
Total current assets||3,537
67,352
70,889||311
30 192
30,503|| |CURRENT LIABILITIES
Creditors: amounts
falling due within one year|7|18,760||18,760|| |Net current assets/(liabilities)|||52,129||11,743| |Net assets/(liabilities)|||1,764,664||856,468| |THE FUNDS OF THE CHARITY
Endowment|||976,605
788,058||844,725
11743| |Income
Total charity funds|||1,764,664||856,468| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1.Donations
and legacies|1.Donations
and legacies|||||||2021| |---|---|---|---|---|---|---|---|---| |||||||Income|Endowment|Total| |||||||Fund|Fundf|Funds
K| |Donation -Sino-British|Fellowship||Trust|||35,000
35,000||35,000
35,000| |||||||||2020| |||||||Income|Endowment|Total| |||||||Fund|Fund|Funds| |||||||F.|R|R| |Donation -Sino-British|Fellowship||Trust|||35,000
35,000||35,000
35,000| |2.Income from Investments||||||||2021| |||||||Income|Endowment|Total| |||||||Fund
F.|Fund
F.|Fundsf| |Investment
income||||||34,604
34,604||34,604
34,6tl4| |||||||||2020| |||||||Income|Endowment|Total| |||||||Fund
R|Fundf|Funds| |Investment
income||||||36,438
36,438||36,438
36,438| |3.Charitable
activities||||||||2021| |||||||Income|Endowment|Total| |||||||Fund|Fund|Funds| |||||||R|R|R| |Grants to individuals:
Interchange
oflecturers||||||6,000||6,000| |Intellectual
and cultural
Travel grants||||||28,270||28,270| |Grants toinstitutions:
Teaching of Chinese language||and literature||in U.K. universities||2,000||2,000| |Intellectual
and cultural
Library and museum
grants
Visiting
&Research Sch
Grants for Chinese to study
Miscellaneous||- The China Library Group
in the U.K. -Great Britain China Educational|||Trust|26,000
19,584
14,000
3,300
99,154||26,000
19,584
14,0IIO
3,300
99,154| ## ## |3.Charitable
activities|(continued)|(continued)||||Income|Endowment|2020
Total| |---|---|---|---|---|---|---|---|---| |||||||Fund|Fund|Funds| |||||||F.|E|f| |Grants toindividuals:
Interchange
oflecturers||||||7,763||7,763| |Intellectual
and cultural
Travel grants||||||24,506||24,506| |Grants toinstitutions:
Teaching of Chinese language||and|literature|in U.K. universities||4,000||4,000| |Intqllectual
and cultural
Library and museum
grants
grants for Chinese to study
Miscellaneous
UCCL Studentship||- The
in the|China Library Group
U.K. -Great Britain China Educational||Trust|16,000
14,000
4,100
19,315||16,000
14,000
4,100
19,315| |||||||89,684||89,684| |4.Support costs||||||||2021| |||||||Income|Endowment|Total| |||||||Fund
E|Fundf|Fundsf| |Secretarial
and other|administration||costs|||11,223
113||11,223
113| |Members
travel||||||30||30| |Bank charges
Auditors fees||||||1,260
12,626||1,260
12,626| |||||||||'| |||||||||2020| |||||||Income|Endowment|Total| |||||||Fund|Fund|Funds| |||||||f|R|R| |Secretarial
and other
Members
travel|administration||costs|||12,273
1,426
30||12,273
1,426
30| |Bank charges
Auditors fees||||||1,260
14,989||1,260
14,989| |5. Auditors'
remuneration||||||||2021| |||||||Income|Endowment|Total| |||||||Fund
K|Fund|Fundsf| |Audit fees||||||1,260
1,260||1,260
1,260| ## |5.Auditors'|remuneration
(continued)|remuneration
(continued)|remuneration
(continued)|||||2020| |---|---|---|---|---|---|---|---|---| |||||||Income|Endowment|Total| |||||||Fund|Fund|Funds| |||||||R|R|E| |Audit fees||||||1,260
1,260||1,260
1,260| |6.Investments||||||||2021| |||||||Income|Endowment|Total| |||||||Fund|Fund|Funds| |||||||E|F.|| |Market value brought
Cost ofinvestments||forward
purchased|at 1 July 2020|||670,000|844,725|844,725
670,000| |Disposals at carrying
value
Gains/(losses)
on investments
Market value carried forward at 30June||||2021||65,930
735,930|131,880
976,605|197,810
1,712,535| |Hiqtoric cost|at 30June 2021|||||870,000|340,748|1,010,748| |Gains/(losses)
on investments
Unrealised||||||65,930|131,880|197,810| |Realised on|disposal|offixed|asset investments|||65,930|131,880|197,810| |The investments
above ate analysed as
Other investments
-Common
investment||||follows:
funds||735,930|976,605|1,712,535| |7.Creditors|||||||2021|2020| ||||||||f.|| |Accruals
Deferred Income|||||||1,260
17,500
18,760|1,260
17,500
18,760| |8.Deferred|Income||||Brought|Released|Deferred|Can1ed| ||||||forward|In year|in year|forward| ||||||F.|E|F.|R| |Sino-British|Fellowship
Trust||2021||17,500
17,500|~17,500
~17500|17,500
1,7,500|17,500
17,500| ## ## ## ## ## |11.Reconciliation
|ofnet moveme|nt
In funds|||||| |---|---|---|---|---|---|---|---| |||||Year ended 30 June 2021|||| |||Total funds
brought
forward
f|Total
Incoming
resources
f|Total
resources
expended
f|Gains/
(losses) on
Investments
f|Transfers
between
fundsf|Total funds
carried
forward
f| |Endowment
funds
Endowment
fund
Total endowment|funds|844,725
844,725|||131,880
131,880||976,605
976,605| |Unrestricted
funds
General funds
Total unrestricted|funds|11,743
11,743|822,186
822,166|~111,780
~111,780|65,930
65,930||788,059
788,059| |Total funds||85B,468|822,166|(111,780)|197,810||1,764,684| ## ## ## |11.Reconciliation|ofnet movem|ent
In funds (continued|)||||| |---|---|---|---|---|---|---|---| |||||Year ended|30June 2020||| |||Total funds|Total|Total|Gains/|Transfers|Total funds| |||brought|Incoming|resources|(losses) on|between|carried| |||forward|resources|expended|investments|funds|forward| |||f|R|R|R|R|| |Endowmentfunds
Endowment
fund
Total endowment|funds|1,002,305
1,002,305|||~127,5807
~127,580|~30,000
~30,ODD|844,725
844,725| |Unrestricted
funds
general
funds
Total unrestricted|funds|14,978
14,978|71,438
71,438|~104,673
~104673,||30,000
30,000|11,743
11,743| |Total funds||1,017,283|71,438|~104,673|~(127,580||856,468| ## |Thecarrying
am|ounts
ofthe|charity's
fin|ancial
i|nstruments|are as follows:|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2021|2020| ||||||||||R|R| |Finencia/ assets||||||||||| |Measured
at fair
Fixed asset|value through
net income/(expenditure):
investments||||||||1,712,535
1,712,535|844,725
844,725| |The income, expense,
net gains and net|||losses|attributable|to the charity's|financial|instruments|are summarised|as follows:
2021|2020| ||||||||||K|| |income and expense||||||||||| |Financial assets
Investment|measured
income|at fair value|through|net income/(expenditure)|||||34,604|36,438| ||||||||||34,604|36,438| |Net gains and losses (including
changes|||in fe/r|va/ue)||||||| |Financial assets|measured|at fair value|through|net income/(expenditure)||||||| |Unrealised
gains/(losses)
on investments
Realised gains/(losses)
on investments|||||||||197,810
197810|(157,562)
29,982
~12,7,5PO| ## ## |NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS||||| |---|---|---|---|---|---|---|---| |13.Comparative
Statement ofFinancial Actlvites|||||||2020| ||||||Income|Endowment|Total| ||||||Fund|Fund|Funds| |||||Note|F.|R|| |INCOME AND ENDOWMENTS
FROM:|||||||| |Donation -Sino-British
Fellowship
Trust
Investment
income and deposit interest|||||35,000
36,438||35,000
36,438| |Total Income and endowments|||||71,438||71,438| |EXPENDITURE ON:|||||||| |Charitable
activities|||||||| |Grants made during the year under
(i) Interchange
oflecturers||Charter headings|||7,763||7,763| |(ii) Hospitality
to Chinese students||in the U.K.|||||| |(iii) Orientation
for Chinese students
(iv) Teaching ofChinese language||in the U.K.
and literature|in U.K. universities||4,000||4,000| |(v) Intellectual
and cultural
Library and museum
grants|||||18,000||16,000| |Publication
grants
Travel grants
Grants for Chinese to study
Miscellaneous
UCCL Studentship|in the U.K.||||24,506
14,000
4,100
19,315
89,684||24,506
14,000
4,100
19,315
89,684| |Support costs
Secretarial and other administration
Members
travel
Bank charges
Auditors fees||costs|||12,273
1,426
30
1,260
14,989||12,273
1,426
30
1,260
14,989| |Total|||||104,673||104,673| |Net gains/(losses)
on investments||||||(127,580)|(127,580)| |Net Income/(expenditure)|||||(33,235)|(127,580)|(160,815)| |Transfers
between funds|||||30,000|(30,000)|| |Net movement
In funds|||||(3,235)|(157,580)|(160,815)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought forward|||||14,978|1,002,305|1,017,283| |Total funds carried forward|||||11,743|844,725|856,468|