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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|3|
|Report ofthe Independent
Auditors|4|to|5|
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes tothe Cash Flow Statement||||
|Notes tothe Financial Statements|10|to|14|
|Detailed Statement of Financial Activities||15||
|TRUSTEES|Kj Fiddes BDS Chair of
jj Moates|Trustees|
|---|---|---|
||K M Chapman
Treasurer||
||A Wishart||
||Sir P Beresford||
|PRINCIPAL ADDRESS|Chapel &York Ltd, Unit|12|
||Lady Cross Business Park||
||Hollow Lane||
||LINGFIELD||
||RH7 6PB||
|REGISTERED CHARITY NUMBER|328373||
|AUDITORS|Richardson
jones||
||Chartered
Accountants|&.|
||Registered
Auditors||
||Mercury
House||
||19-21Chapel Street||
||Marlow||
||Buckinghamshire||
||SL7 3HN||
|BANKERS|Lloyds Bank Plc||
||39 Piccadilly||
||London||
||Wlj OAA||
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|||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||276|1,550,000|1,550,276|2,444|
|Investment
income||||18||18|19|
|Other income||||3,600||3,600||
|Total||||3,894|1,550,000|1,553,894|2,463|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Otago University
NZ||||6,600|1,550,500|1,557,100|29,103|
|Other||||135||135|465|
|Total||||6,735|1,550,500|1,557,235|29,568|
|NET INCOME/(EXPENDITURE)||||(2,841)|(500)|(3,341)|(27,105)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||4,756|625|5,381|32,486|
|TOTAL FUNDS CARRIED FORWARD||||1,915|125|2,040|5,381|
##
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|E|E|E|E|
|CURRENT ASSETS|||||||
|Debtors||10|3,600||3,600||
|Cash at bank|||1,915|800,125|802,040|5,381|
||||5,515|800,125|805,640|5,381|
|CREDITORS|||||||
|Amounts
falling due within|one year||(3,600)|(800,000)|(803,600)||
|NET CURRENT ASSETS|||1,915|125|2,040|5,381|
|TOTAL ASSETS LESSCURRENT||LIABILITIES|1,915|125|2,040|5,381|
|NET ASSETS|||1,915|125|2,040|5,381|
|FUNDS||12|||||
|Unrestricted
funds|||||1,915|4,756|
|Restricted
funds|||||125|625|
|TOTAL FUNDS|||||2,040|5,381|
##
##
||FOR|THE YEAR ENDED 3|1STDECEMBER 2021||
|---|---|---|---|---|
||||31.12.21|31.12.20|
|||Notes|E|E|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|796,641|(27,124)|
|Net cash provided
by/(used
in) operating||activities|796,641|(27,124)|
|Cash flows from investing|activities||||
|Interest received|||18|19|
|Net cash provided
by investing|activities||18|19|
|Change
in cash and cash equivalents||in|||
|the reporting
period|||796,659|(27,105)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||5,381|32,486|
|Cash and cash equivalents|at the end of||||
|the reporting
period|||802,040|5,381|
|||FO|R THE YEAR ENDED 31STDECEMBER 202|R THE YEAR ENDED 31STDECEMBER 202|1|1|
|---|---|---|---|---|---|---|
|RECONCILIATION||OF NET|EXPENDITURE TO NET CASH FLOW FROM||OPERATING ACTIVITIES||
||||||31.12.21|31.12.20|
||||||E|f|
|Net expenditure|for the reporting|||period (as per the Statement of|||
|Financial Activities)|||||(3,341)|(27,105)|
|Adjustments
for:|||||||
|Interest received|||||(18)|(19)|
|Increase
in debtors|||||(3,600)||
|Increase
in creditors|||||803,600||
|Net cash provided||by/(used|in) operations||796,641|(27,124)|
##
|ANALYSIS OF CHANGES IN NET FU|NDS|||
|---|---|---|---|
||At 1.1.21|Cash flow|At 31.12.21|
||E||E|
|Net cash||||
|Cash at bank|5,381|796,659|802,040|
||5,381|796,659|802,040|
|Total|5,381|796,659|802,040|
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|DONATIONS|AND LEGACIES|||
|---|---|---|---|
|||31.12.21|31.12.20|
|||E|E|
|Donations||233|2,444|
|Gift aid||43||
|Legacies||1,550,000||
|||1,550,276|2,444|
##
||||F|OR THE YEAR ENDED 31STDECE|MBER|2021|||
|---|---|---|---|---|---|---|---|---|
|3.|INVESTMENT||INCOME||||||
||||||||31.12.21|31.12.20|
||||||||E|E|
||Deposit account||interest||||18|19|
|4.|CHARITABLE ACTIVITIES|||COSTS|||||
||||||Grant||||
||||||funding|of|||
||||||activities||Support||
||||||(see note||costs (see||
|||||||5)|note 6)|Totals|
|||||||E|E|E|
||Otago University||NZ||1,553,500||3,600|1,557,100|
|5.|GRANTS PAYABLE||||||||
||||||||31.12.21|31.12.20|
|||||||||E|
||Otago University||NZ||||1,553,500|29,103|
|6.|SUPPORT COSTS||||||||
||||||||Governance||
||||||Finance||costs|Totals|
|||||||E|E|E|
||Other resources||expended|||135||135|
||Otago University||NZ||||3,600|3,600|
|||||||135|3,600|3,735|
|7.|AUDITORS'|REMUNERATION|||||||
||||||||31.12.21|31.12.20|
||||||||E|E|
||Fees payable|to|the charity's|auditors for the audit ofthe charity's|financial||||
||statements||||||3,600||
##
##
##
||NOTES TO THE FINANCIAL
STATEMENTS - continued
FOR THE YEAR ENDED 31STDECEMBER 2021|NOTES TO THE FINANCIAL
STATEMENTS - continued
FOR THE YEAR ENDED 31STDECEMBER 2021|NOTES TO THE FINANCIAL
STATEMENTS - continued
FOR THE YEAR ENDED 31STDECEMBER 2021|NOTES TO THE FINANCIAL
STATEMENTS - continued
FOR THE YEAR ENDED 31STDECEMBER 2021|NOTES TO THE FINANCIAL
STATEMENTS - continued
FOR THE YEAR ENDED 31STDECEMBER 2021|||
|---|---|---|---|---|---|---|---|
||COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||fund|fund|funds|
||||||E|E|E|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||1,569|875|2,444|
||Investment
income||||19||19|
||Total||||1,588|875|2,463|
||EXPENDITURE ON|||||||
||Charitable
activities|||||||
||Otago University
NZ|||||29,103|29,103|
||Other||||465||465|
||Total||||465|29,103|29,568|
||NET INCOME/(EXPENDITURE)||||1,123|(28,228)|(27,105)|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought forward||||3,633|28,853|32,486|
||TOTAL FUNDS CARRIED FORWARD||||4,756|625|5,381|
|10.|DEBTORS:AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||||31.12.21|31.12.20|
||||||||E|
||Prepayments
and accrued||income|||3,600||
|11.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||31.12.21|31.12.20|
|||||||E|E|
||Other creditors|||||803,600||
|12.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.21|in funds|31.12.21|
||||||E|E|E|
||Unrestricted
funds|||||||
||General
fund||||4,756|(2,841)|1,915|
||Restricted funds|||||||
||Restricted
funds||||625|(500)|125|
||TOTAL FUNDS||||5,381|(3,341)|2,040|
##
##
||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resourcesf|expended|in funds
f|
|Unrestricted
funds||||||||
|General
fund|||||3,894|(6,735)|(2,841)|
|Restricted funds||||||||
|Restricted
funds|||||1,550,000|(1,550,500)|(500)|
|TOTAL FUNDS|||||1,553,894|(1,557,235)|(3,341)|
|Comparatives|for movement||in funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.20|in funds|31.12.20|
||||||E|E|E|
|Unrestricted
funds||||||||
|General
fund|||||3,633|1,123|4,756|
|Restricted funds||||||||
|Restricted
funds|||||28,853|(28,228)|625|
|TOTAL FUNDS|||||32,486|(27,105)|5,381|
|Comparative
net|movement|in funds,||included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|E|E|
|Unrestricted
funds||||||||
|General
fund|||||1,588|(465)|1,123|
|Restricted funds||||||||
|Restricted
funds|||||875|(29,103)|(28,228)|
|TOTAL FUNDS|||||2,463|(29,568)|(27,105)|
##
##
##
||||||Net|||
|---|---|---|---|---|---|---|---|
||||||movement||At|
|||||At 1.1.20|in funds|31.12.21||
|||||E|E||E|
|Unrestricted|funds|||||||
|General
fund||||3,633|(1,718)||1,915|
|Restricted funds||||||||
|Restricted
funds||||28,853|(28,728)||125|
|TOTAL FUNDS||||32,486|(30,446)||2,040|
|A current year|12 months|and prior year 12 months|combined|net movement|in funds,
included|in the|above
a|
|as follows:||||||||
|||||Incoming|Resources|Movement||
|||||resources|expended|in funds||
|||||E|E||E|
|Unrestricted|funds|||||||
|General
fund||||5,482|(7,200)||(1,718)|
|Restricted funds||||||||
|Restricted
funds||||1,550,875|(1,579,603)|(28,728)||
|TOTAL FUNDS||||1,556,357|(1,586,803)|(30,446)||
##
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||FOR THE YEAR ENDED 3|1STDECEMBER 2021||
|---|---|---|---|
|||31.12.21|31.12.20|
|||E|E|
|INCOME AND|ENDOWMENTS|||
|Donations
and|legacies|||
|Donations||233|2,444|
|Gift aid||43||
|Legacies||1,550,000||
|||1,550,276|2,444|
|Investment
income||||
|Deposit account|interest|18|19|
|Other income||||
|Otago University|NZ Funding|3,600||
|Total incoming|resources|1,553,894|2,463|
|EXPENDITURE||||
|Charitable
activities||||
|Grants to institutions||1,553,500|29,103|
|Support costs||||
|Finance||||
|Bank charges||135|15|
|Governance|costs|||
|Auditors'
remuneration||3,600||
|Accountancy
and legal fees|||450|
|||3,600|450|
|Total resources|expended|1,557,235|29,568|
|Net expenditure||(3,341)|(27,105)|