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|Report ofthe Trustees||1|lo|3|
|Report ofthe Independent|Auditors|4|Io|5|
|Statement of Financial Activities|||||
|Balance Sheet|||||
|Notes to the Financial Statements||8|tc|14|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|8|E|8|8|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies|||3|123,733||123,733|30,260|
|Investment
income|||4|22,332||22,332|22,777|
|Total||||146,065||146,065|53,037|
|EXPENDITURE ON||||||||
|Investment
management
costs||||9,716||9,716|10,113|
|Charitable
activities||||||||
|Grants payable
and research|expenditure|||22,430||22,430|38,209|
|Other charitable
expenditure||||13,500||13,500||
|Total||||45,646||45,646|48,322|
|Net gains/(losses)
on investments||||187,123||187,123|(63,653)|
|NET INCOME/(EXPENDITURE)||||287,542||287,542|(58,938)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought forward||||1,297,793||1,297,793|1,356,731|
|TOTAL FUNDS CARRIED FORWARD||||1,585,335||1,585,335|1,297,793|
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||||Bardhan Re
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R
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R
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R
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Trust of
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r 022|Education
Trust of
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r 022||
|---|---|---|---|---|---|---|---|---|---|
|||||Balance|||Sheet|||
|||||31March|||0|||
|||||Notes||||2021f|2020
f|
|FIXEDASSETS||||||||||
|Inveskrients||||14||||1,350,177|1,033,598|
|CURRENT ASSETS||||||||||
|Debtors||||15||||25||
|Cash at bank||||||||266,172|321,589|
|||||||||266,197|321,589|
|CREDITORS||||||||||
|Amounts
falling|due within one year|||16||||(31,039)|(51,335)|
|NET CURRENT ASSETS||||||||235,158|270,254|
|TOTAL ASSETSLESSCURRENT|||LIABILITIES|||||1,585,335|1,303,852|
|CREDITORS||||||||||
|Amounts
falling|due afier|more than|one year|17|||||(6,059)|
|NET ASSETS||||||||1,585,335|1,297,793|
|FUNDS||||||||||
|Unrestricted
funds:||||||||||
|General
fund||||||||1,443,988|1,364,574|
|Fair Value reserve||||||||141,347|(66,781)|
|||||||||1,585,335|1,297,793|
|TOTAL FUNDS||||||||1,585,335|1,297,793|
|The charitable|company|Is entitled|to exemption|from|audit|under||Section 477 of the Companies
Act 2006|for the
year|
|ended 31 March|2021.|||||||||
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E||
|Donated research||income|||||123,733|30,260|
|INVESTMENT|INCOME||||||||
||||||||2021f|2020
E|
|Income from listed||investments||and investment|deposits||22,123|21,782|
|Deposit account interest|||||||209|995|
||||||||22,332|22,777|
|INVESTMENT|MANAGEMENT|||COSTS|||||
|Investment
management|||costs||||||
||||||||2021|2020|
||||||||E|E|
|Portfolio management|||||||9,716|10,113|
|CHARITABLE|ACTIVITIES||COSTS||||||
|||||||Direct|Support||
|||||||Costs (see|costs (see||
|||||||note 7)
f|note 9)
E|Totals
E|
|Grants payable|and|research|||||||
|expenditure||||||12,750|9,680|22,430|
|Other charitable|expenditure|||||13,500||13,500|
|||||||26,250|9,680|35,930|
|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||||
||||||||2021f|2020f|
|Research expenditure|||||||12,750|13,584|
|Other costs|||||||13,500||
||||||||26,250|13,584|
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|GRANTS PAYABLE|GRANTS PAYABLE|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020f|
|Grants payable
and research|||expenditure||||||12,552|
|The total|grants
paid to institutions|||during|the year was as follows:|||||
|||||||||2021|2020|
||||||||f||f|
|University|ofSheffield||||||||51,180|
|Grants provided
no longer required|||||||||(38,628)|
|SUPPORT COSTS||||||||||
||||||||Governance|||
|||||||Management
f||costs
f|Totals
f|
|Grants payable
and research|||expenditure|||5,900||3,780|9,680|
|Support costs, included||in the|above, are||as follows:|||||
||||||||2021||2020|
||||||||Grants|||
||||||||payable|||
|||||||||and||
||||||||research||Total|
||||||||expenditure
f||activities
f|
|Wages||||||||4,629|5,332|
|Other office costs||||||||1,271|2,767|
|Loss on scrapped assets|||||||||152|
|Auditors'|remuneration|||||||775|750|
|Auditors'|remuneration|for non|audit|work||||3,005|3,072|
|||||||||9,680|12,073|
|NET INCOME/(EXPENDITURE)||||||||||
|Net income/(expenditure)||is stated after charging/(crediting):||||||||
||||||||2021f||2020f|
|Auditors'|remuneration|||||||775|750|
|Auditors'|remuneration|for non|audit|work||||3,005|3,072|
|Deficit on|disposal
offixed assets||||||||152|
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|STAFF COS|TS|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||8||
|Wages and|salaries|||||4,629|5,332|
|||||||4,629|5,332|
|The average|monthly|number|ofemployees|during|the year was as follows:|||
|||||||2021|2020|
|Administration||||||1|1|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
|||||8||
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||30,260||30,260|
|Investment
income|||22,777||22,777|
|Total|||53,037||53,037|
|EXPENDITURE ON||||||
|Investment
management|costs||10,113||10,113|
|Charitable
activities||||||
|Grants payable
and research expenditure|||38,209||38,209|
|Total|||48,322||48,322|
|Net gains/(losses)
on investments|||(63,653)||(63,653)|
|NET INCOME/(EXPENDITURE)|||(58,938)||(58,938)|
|RECONCILIATION
OF|FUNDS|||||
|Total funds brought
forward|||1,356,731||1,356,731|
|TOTAL FUNDS CARRIED FORWARD|||1,297,793||1,297,793|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||8|
|MARKET VALUE||
|At 1 April 2020|1,033,598|
|Additions|1,237,037|
|Disposals|(1,062,296)|
|Revaluations|141,838|
|At 31 March 2021|1,350,177|
|NET BOOK VALUE||
|At 31 March 2021|1,350,177|
|At 31 March 2020|1,033,598|
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||||||Listed|
|---|---|---|---|---|---|
||||||investments|
||||||8|
|Valuation
in 2021|||||1,350,177|
|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
|||||2021|2020|
|||||8|f|
|Other debtors||||25||
|CREDITORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
|||||f|8|
|Trade creditors||||2,569|2,416|
|Social security|and other||taxes||30|
|Other creditors||||3,780|3,767|
|Grants payable||||24,690|45,122|
|||||31,039|51,335|
##
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|17.|CRED|ITORS|:|AMOUNT|S
FA|LLI|NG D|UE AFTER|MORE THAN|ONE YEAR|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2021
f|2020
f|
||Grants|payable||||||||||6,059|
|18.|ANALYSIS OF NET ASSETS|||||BETWEEN FUNDS|||||||
||||||||||||2021|2020|
||||||||||Unrestricted|Restricted|Total|Total|
||||||||||funds|funds|funds|funds|
||||||||||f|f|f|f|
||Investments||||||||1,350,177||1,350,177|1,033,598|
||Current|assets|||||||266,197||266,197|321,589|
||Current|liabilities|||||||(31,039)||(31,039)|(51,335)|
||Long term liabilities|||||||||||(6,059)|
||||||||||1,585,335||1,585,335|1,297,793|
||All ofthe funds|||in 2021|are unrestricted|||funds.|||||
|19,|MOVEMENT||IN FUNDS||||||||||
|||||||||||Net|Transfers||
|||||||||||movement|between|At|
||||||||||At 1.4.20|in funds|funds
f|31.3.21|
||Unrestricted||funds||||||||||
||General|fund|||||||1,364,574|287,542|(208,128)|1,443,988|
||Fair Value reserve||||||||(66,781)||208,128|141,347|
||||||||||1,297,793|287,542||1,585,335|
||TOTAL|FUNDS|||||||1,297,793|287,542||1,585,335|
||Net movement|||in funds,|included||in the|above are|as follows;||||
||||||||||Incoming|Resources|Gains and|Movement|
||||||||||resources
f|expended|losses
f|in funds
f|
||Unrestricted||funds||||||||||
||General|fund|||||||146,065|(45,646)|187,123|287,542|
||TOTAL|FUNDS|||||||146,065|(45,646)|187,123|287,542|
||Comparatives|||for movement||in|funds||||||
|||||||||||Net|Transfers||
|||||||||||movement|between|At|
||||||||||At 1.4.19
f|in funds
f|funds
f|31.3.20
f|
||Unrestricted||funds||||||||||
||General|fund||||||1,343,216||(58,938)|80,296|1,364,574|
||Fair Value reserve||||||||13,515||(80,296)|(66,781)|
|||||||||1,356,731||(58,938)||1,297,793|
||TOTAL|FUNDS||||||1,356,731||(58,938)||1,297,793|
##
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|Compar|ative|net movement
in fund|s,
included
in the above are|as follows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||6|6|5|5|
|Unrestricted||funds|||||
|General|fund||53,037|(48,322)|(63,653)|(58,938)|
|TOTAL|FUNDS||53,037|(48,322)|(63,653)|(58,938)|
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