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|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||Notes|funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|INCOMEFROM|||||||
|Donations|1||578,926|-|578,926|246,356|
|Charitableactivities|||||||
|ProvisionofsupportforUCT|2|65,000|-|-|65,000|76,000|
|Investments|3||5,949||5,949|8,552|
|TOTALINCOME||65,000|584,875|-|649,875|330,908|
|EXPENDITUREON|||||||
|Raisingfunds|4|85,665||-|85,665|67,417|
|Charitableactivities|||||||
|ProvisionofsupportforUCT|5|343|593,068|-|593,411|373,074|
|TOTALEXPENDITURE||86,008|593,068|-|679,076|440,491|
|NETEXPENDITURE||(21,008)|(8,193)||(29,201)|(109,583)|
|TRANSFERS|||||||
|Gainsoninvestments|8||-|185,408|185,408|36,323|
|NETMOVEMENTINFUNDS||(21,008)|(8,193)|<br>185,408|156,207|(73,260)|
|RECONCILIATIONOFFUNDS|||||||
|Fundbalancesbroughtforward||96,437|153,623|935,052|1,185,112|1,258,372|
|FUNDBALANCES|||||||
|CARRIEDFORWARD|||||||
|AT31DECEMBER2021|11|75,429|145,430|1,120,460|1,341,319|1,185,112|





## 

||Notes|2021|2020|
|---|---|---|---|
|||£|£|
|FIXEDASSETS||||
|Tangibleassets|7|369|712|
|Investments|8|981,102|645,694|
|||981,471|646,406|
|CURRENTASSETS||||
|Debtors|9|35,183|69,930|
|Cashatbankandinhand||337,891|478,424|
|||373,074|548,354|
|LIABILITIES||||
|Creditors:Amountsfallingduewithinoneyear|10|13,226|9,648|
|NETCURRENTASSETS||359,848|538,706|
|TOTALASSETSLESSCURRENTLIABILITIESANDNETASSETS||1,341,319|1,185,112|
|THEFUNDSOFTHECHARITY||||
|Endowmentfunds|11|1,120,460|935,052|
|Restrictedincomefunds|11|145,430|153,623|
|Unrestrictedincomefunds|11|75,329|96,337|
|TrustFundcapital|11|100|100|
|TOTALCHARITYFUNDS|12|1,341,319|1,185,112|





## 

|||2021|2020|
|---|---|---|---|
||Note|£|£|
|NETCASHPROVIDEDBY(USEDIN)OPERATINGACTIVITIES|13|4,958|(17,654)|
|CASHFLOWSFROMINVESTINGACTIVITIES||||
|Interestandinvestmentincomereceived||5,949|8,552|
|Receiptsfromsalesofinvestments||-|361,380|
|Purchasesofinvestments||(150,000)|(220,000)|
|NETCASH(USEDIN)PROVIDEDBYINVESTINGACTIVITIES||(144,051)|149,932|
|CHANGEINCASHANDCASHEQUIVALENTS||||
|INTHEYEAR|14|(140,533)|132,278|
|Cashandcashequivalentsatbeginningofyear||478,424|346,146|
|CASHANDCASHEQUIVALENTSAT||||
|ENDOFYEAR||337,891|478,424|





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## 

||Unrestricted|Unrestricted|<br>RestrictedEndowment|<br>RestrictedEndowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|<br>funds|funds|2021|2020|
|||£|<br>£|£|£|£|
|1.|DONATIONS||||||
||Donationsfromfoundations,trusts||||||
||andcompanies|-|<br>381,316|-|381,316|142,555|
||Donationsfromindividuals:||||||
||IncludingGiftAid||112,431|-|112,431|75,041|
||Other|-|<br>85,179|-|85,179|28,760|
|||-|<br>578,926|-|578,926|246,356|
||In2021,donationstotalling£578,926|(2020:|£246,356)werereceivedor||pledged,ofwhich|£578,92|
||(2020:£246,356)wererestrictedfunds.||||||
||Unrestricted||<br>RestrictedEndowment||Total|Total|
|||funds|<br>funds|funds|2021|2020|
|||£|£|£|£|£|
|2.|INCOMEGENERATEDBYTHE||||||
||PROVISIONOFSUPPORT||||||
||FORUCT||||||
||Operatinggrantcontributions||||||
||receivablefromtheUniversity||||||
||ofCapeTown|65,000|||65,000|76,000|



|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|3.|INVESTMENTINCOME||||||
||Bankinterestreceivableon||||||
||shorttermcashdeposits|-|36|-|36|272|
||Incomefrominvestments|listedon|||||
||arecognisedstockexchange:||||||
||UK|-|5,913|-|5,913|8,280|
|||-|5,949|-|5,949|8,552|





## 

|||Unrestricted|RestrictedEndowment|RestrictedEndowment|<br>Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|<br>2021|2020|
|||£|£|£|<br>£|£|
|4.|EXPENDITUREONRAISINGFUNDS||||||
||Directcosts:||||||
||Alumnifunctioncosts|5,573|-||5,573|-|
||AlumniAppeal|4,444|-|-|<br>4,444|2,662|
||Supportandgovernancecosts||||||
||(seenote6)|75,648|-|-|<br>75,648|64,755|
|||85,665||-|<br>85,665|67,417|
||In2021thecostsofraisingfundswere£85,665||(2020:£67,417)ofwhich||£85,665(2020:|£67,417)wa|
||expenditurefromunrestricted|funds.|||||
|||Unrestricted|RestrictedEndowment||<br>Total|Total|
|||funds|funds|funds|<br>2021|2020|
|||£|£|£|<br>£|£|
|5.|COSTSINCURREDINTHE||||||
||PROVISIONOFSUPPORT||||||
||FORUCT||||||
||Directcosts:||||||
||Grantsgiveninsupportof||||||
||theUniversityofCapeTown||593,068||593,068|372,701|
||programmes||||||
||Supportcosts(seenote6)|343|||343|373|
|||343|593,068||593,411|373,074|





|||Costsofgenerating|Costsincurred|Governance|Total|Total|
|---|---|---|---|---|---|---|
|||voluntaryincome|inprovision|costs|2021|2020|
||||ofsupportfor||||
||||UCT||||
|||£|£|£|£|£|
|6.|SUPPORTCOSTS||||||
||Consultancyand||||||
||administration|47,358||-|47,358|39,653|
||Traveland||||||
||accommodation|135||-|135|(878)|
||Communicationsand||||||
||stationery|1,457||-|1,457|2,350|
||Operatingleaserentals:||||||
||Landandbuildings|8,100|||8,100|8,100|
||Otherofficecosts|6,718|||6,718|5,992|
||Auditor'sremuneration:||||||
||Auditfees|-||9,540|9,540|9,538|
||Legalfees|||2,340|2,340|-|
||Depreciation—owned||||||
||assets|-|<br>343|-|343|373|
|||63,768|343|11,880|75,991|65,128|





## 

## 

|TANGIBLEASSETS|||||
|---|---|---|---|---|
|||Office|Furniture||
||Computers|equipment|andfittings|TOTAL|
||£|£|£|£|
|Cost:|||||
|1January2021|3,160|1,022|1,770|5,952|
|31December2021|3,160|1,022|1,770|5,952|
|Depreciation:|||||
|1January2021|2,666|1,022|1,552|5,240|
|Chargeforyear|301|-|42|343|
|31December2021|2,967|1,022|1,594|5,583|
|Netbookvalue:|||||
|31December2021|193|-|176|369|
|31December2020|494|-|218|712|





## 

|||2021|2020|
|---|---|---|---|
|||£|£|
|8.|INVESTMENTS|||
||Investmentslistedonarecognisedstockexchange,heldprimarily|||
||toprovideaninvestmentreturn,atmarketvalue:|||
||Marketvalue1January2021|645,694|750,751|
||Additions|150,000|220,000|
||Disposalproceeds|-|(361,380)|
||Realisedlosses|-|(18,524)|
||Unrealisedgains|185,408|54,847|
||31December2021|981,102|645,694|
||Atthebalancesheetdate,themarketvalueoftheportfoliocomprised:|||
||UKinvestments|981,102|645,694|
||Unittrustfundsandothersimilarsecurities|981,102|645,694|



||BlackRock|545,288|426,743|
|---|---|---|---|
||CCLA|210,972|109,007|
||StonehageFleming|224,842|109,944|
|||981,102|645,694|
|||2021|2020|
|||£|£|
|9.|DEBTORS|||
||Prepayments|2,025|5,029|
||Accruedincome|25,000|58,500|
||Incometaxrecoverable|8,158|6,401|
|||35,183|69,930|



|||2021|2020|
|---|---|---|---|
|||£|£|
|10.|CREDITORS|||
||Amountsfallingduewithinoneyear:|||
||Accruals|13,226|9,648|





## 

## 

||||||Transfers||
|---|---|---|---|---|---|---|
||1January|||Gainson|between31December||
||2021|IncomeExpenditure||investments|funds|2021|
||£|£|£|<br>£|£|£|
|Endowmentfunds|(heldatBlackRock,StonehageFleming,|||CCLAorincash):|||
|GlaxoChairFund|687,513|||135,676|-|823,189|
|LawFacultyFund|170,423|||33,959|-|204,382|
|MibashanFund|23,453|||4,673||28,126|
|OatesFund|42,711||-|<br>8,463|-|51,174|
|AndrewsFund|4,645||-|<br>892|-|5,537|
|KaplanAward|6,307|-||1,745|-|8,052|
||935,052||-|<br>185,408|-|1,120,460|
||||||Transfers||
||1January|||Gainson|between31December||
||2020|IncomeExpenditure||investments|funds|2020|
||f|£|£|<br>£|£|£|
|Endowmentfunds|(heldatBlackRock,StonehageFleming,|||CCLAorincash):|||
|GlaxoChairFund|673,015|-|-|<br>14,498||687,513|
|LawFacultyFund|155,538|-|-|<br>14,885||170,423|
|MibashanFund|21,446||-|<br>2,007||23,453|
|OatesFund|39,041|-|-|<br>3,670||42,711|
|AndrewsFund|4,206|-||439||4,645|
|KaplanAward|5,483|-|-|<br>824||6,307|
||898,729||-|<br>36,323||935,052|





## 

## 

||||||Transfers||
|---|---|---|---|---|---|---|
|1|January|||Gainson|between|31December|
||2021|Income|Expenditure|investments|funds|2021|
||£|£|£|£|£|£|
|Restrictedincomefunds:|||||||
|Undistributedendowmentfunds||income-|||||
|GlaxoChairFund|7,991|5,324|7,030|-|-|6,285|
|LawFacultyFund|336|427|503||-|260|
|MibashanFund|152|63|123|-|-|92|
|OatesFund|274|109|220|-||163|
|AndrewsFund|22|7|19||-|10|
|KaplanAward|20|13|21||-|12|
|100UPProject||146,942|145,538|-|-|1,404|
|AlumniinAction/GBV|-|750|750|-|-||
|BaxterTheatre|362||362||||
|BursaryFund|50,585|67,942|81,514|-|74|37,087|
|ChildGuidanceClinic|250||250|-|-||
|COVID-19Emergency|3,503|776|4,168||(111)||
|DesmondTutuChair|-|2,319|1,900|-||419|
|DisabilityService|-|21,000|21,000|-|||
|DistinguishingUCT|37,984|430|10,481|<br>-|-|27,933|
|FacultyofEBE|3,125||3,125||-||
|FacultyofHealthSciences||625|625|-|||
|FireEmergencyFund||67,907|67,169|-||738|
|FoodSecurity|411||419|-|8||
|JulianBaringSchFund|219|33,130|33,349|-|-||
|KeswickPrize|1,883||-|-||1,883|
|Kopano|-|625|625|-|-||
|LaptopProject|3,500||3,500|-|-||
|LawFacultyFund|6,171|13,326|8,983|-|-|10,514|
|OperaSchool|21|6,250|21|<br>-|-|6,250|
|PerinatalMentalHealth||400|-|-|-|400|
|ResearchProjects||49,921|<br>26,953|-|-|22,968|
|ResidencesFund|20|120|120|-|-|20|
|ProfRobertsonFund|275|7,500|4,000|-||3,775|
|RugbyClub|(18)|<br>75|50||-|7|
|San&KhoiCentre||500|500|-|-||
|SchoolofMusic||26,500|26,500|-|-||
|SchoolsImprovement|36,066|119,439|138,416||-|17,089|
|SHAWCOFund|376|2,267|1,481|<br>-|-|1,162|
|Spiritof68Award|53|1,275|1,275|-|-|53|
|StudentDebtFund|13|8,913|2,020|-|-|6,906|
|Interestdistributed|29|-|58|-|29||
||153,623|584,875|593,068|||145,430|





## 

## 

|||||||Transfers||
|---|---|---|---|---|---|---|---|
|||||||Transfers||
|1|January||||Gainson|between|31December|
|||2020|Income|Expenditure|investments|funds|2020|
|||£|£|£|£|£|£|
|Restrictedincomefunds:||||||||
|Undistributedendowment||funds|income-|||||
|GlaxoChairFund|12,702||7,184|11,895|-|-|7,991|
|LawFacultyFund||301|902|867|-|-|336|
|MibashanFund||260|128|236|-|-|152|
|OatesFund||470|229|425|-|-|274|
|AndrewsFund||41|<br>19|38|-|-|22|
|KaplanAward||392|21|<br>393|-|-|20|
|ABALOBI|40,020||3|40,000|-|-|23|
|BaxterTheatre||-|4,056|3,694|-|-|362|
|BursaryFund|80,609||36,545|66,528|-|(41)|50,585|
|ChildGuidanceClinic||-|1,250|1,000|-|-|250|
|COVID-19Emergency||-|19,311|<br>15,808|-|-|3,503|
|DistinguishingUCT|50,832||2,165|15,013|-|-|37,984|
|FacultyofEBE||-|3,125|-||-|3,125|
|FacultyofHealthSciences||-|12,500|12,500|-|-|-|
|FoodSecurity||-|411|-|-||411|
|FutureWaterInitiative||312|-|313||1|-|
|GraduateSchofBusiness||-|43,778|43,772|-|-|6|
|JulianBaringSchFund||219|34,975|34,975|-|-|219|
|KeswickPrize|1,881||2|-|-|-|1,883|
|Kopano||63|7,125|7,188|-||-|
|LaptopProject|||3,500|-|-|-|3,500|
|LawFacultyFund||364|19,857|14,050|-|-|6,171|
|Libraries|||625|625|-|-|-|
|NMandelaSchool|6,836||253|7,089|-||-|
|Opera School|1,856||-|1,875||40|21|
|PerinatalMentalHealth||-|389|389|-||-|
|ResearchProjects|||45,040|45,040|-||-|
|ResidencesFund||20|120|120|-||20|
|ProfRobertsonFund|2,475||-|2,200|-||275|
|RugbyClub||7|75|100|-||(18)|
|SchoolsImprovement|70,670||6,974|41,578|-||36,066|
|SHAWCOFund||782|897|1,303|-||376|
|Spiritof68Award||28|1,025|1,000|-||53|
|StudentDebtFund|||2,413|2,400|-||13|
|Interestdistributed||287||287||||
||271,427||254,897|372,701|||153,623|





## 

||||||Transfers||
|---|---|---|---|---|---|---|
||1January|||Gainson|<br>between|31December|
||2021|Income|Expenditureinvestments||<br>funds|2021|
||£|£|£|£|<br>£|£|
|Unrestrictedincome|||||||
|funds:|||||||
|GeneralFund|96,337|65,000|86,008|-|<br>-|75,329|
|TrustFundCapital:|||||||
|Capital|100|-||-|<br>-|100|
|TotalFunds|1,185,112|649,875|679,076|185,408|<br>-|1,341,319|
|TrustFundCapitalrepresentsthe||initialsuminvestedwhentheTrustwas|||established||
||||||Transfers||
||1January|||Gainson|<br>between|31December|
||2020|Income|Expenditureinvestments||<br>funds|2020|
||£|£|£|£|<br>£|£|
|Unrestrictedincome|||||||
|funds:|||||||
|GeneralFund|88,116|76,011|<br>67,790|-|<br>-|96,337|
|TrustFundCapital:|||||||
|Capital|100|||-|<br>-|100|
|TotalFunds|1,258,372|330,908|440,491|36,323|-|1,185,112|



## 

## 

## 

## 

## 

## 



## 

## 



## 

## 

## 

## 

|ANALYSISOFNETASSETSBETWEENFUNDS||||
|---|---|---|---|
|||Net||
|2021|Fixed|current||
||assets|assets|Total|
|Endowmentfunds|981,102|139,358|1,120,460|
|Restrictedincomefunds|-|145,430|145,430|
|Unrestrictedincomefunds|369|75,060|75,429|
|NETASSETS|981,471|359,848|1,341,319|
|||Net||
|2020|Fixed|current||
||assets|assets|Total|
||`£`|`£`|`£`|
|Endowmentfunds|645,694|289,358|935,052|
|Restrictedincomefunds||153,623|153,623|
|Unrestrictedincomefunds|712|95,725|96,437|
|NETASSETS|646,406|538,706|1,185,112|





## 

## 

## 

||||2021|2020|
|---|---|---|---|---|
||||£|£|
|Netmovementinfunds|||157,647|(73,260)|
|Depreciationoftangiblefixedassets|||343|373|
|Interestincomeshownininvestingactivities|||(5,949)|(8,552)|
|Net(gain)oninvestments|||(185,408)|(36,323)|
|Decreaseindebtors|||34,747|99,495|
|Increaseincreditors|||3,578|613|
|Cashprovidedby(usedin)operating|activities||4,958|(17,654)|
|ANALYSISOFCHANGESINNETDEBT|||||
|1|January|||31December|
||2021|CashFlows||2021|
||£|£||E|
|Cash|478,424|(140,533)||337,891|
|1|January|||31December|
||2020|CashFlows||2020|
||£|E||£|
|Cash|346,146|132,278||478,424|



## 

|cancellableoperatingleasesassetoutbelow:|||
|---|---|---|
||Landand|Landand|
||Buildings|Buildings|
||2021|2020|
||E|E|
|Fallingduewithinoneyear|8,100|6,990|
|Fallingduebetweenonetofiveyears|31,290||
||39,390|6,990|



## 




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|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||Notes|funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|INCOMEFROM|||||||
|Donations|1||578,926|-|578,926|246,356|
|Charitableactivities|||||||
|ProvisionofsupportforUCT|2|65,000||-|65,000|76,000|
|Investments|3||5,949|-|5,949|8,552|
|TOTALINCOME||65,000|584,875|-|649,875|330,908|
|EXPENDITUREON|||||||
|Raisingfunds|4|85,665||-|85,665|67,417|
|Charitableactivities|||||||
|ProvisionofsupportforUCT|5|343|593,068|-|593,411|373,074|
|TOTALEXPENDITURE||86,008|593,068|-|679,076|440,491|
|NETEXPENDITURE||(21,008)|(8,193)|<br>-|(29,201)|(109,583)|
|TRANSFERS|||||||
|Gainsoninvestments|8||-|185,408|185,408|36,323|
|NETMOVEMENTINFUNDS||(21,008)|(8,193)|<br>185,408|156,207|(73,260)|
|RECONCILIATIONOFFUNDS|||||||
|Fundbalancesbroughtforward||96,437|153,623|935,052|1,185,112|1,258,372|
|FUNDBALANCES|||||||
|CARRIEDFORWARD|||||||
|AT31DECEMBER2021|11|75,429|145,430|1,120,460|1,341,319|1,185,112|





## 

||Notes|2021|2020|
|---|---|---|---|
|||£|£|
|FIXEDASSETS||||
|Tangibleassets|7|369|712|
|Investments|8|981,102|645,694|
|||981,471|646,406|
|CURRENTASSETS||||
|Debtors|9|35,183|69,930|
|Cashatbankandinhand||337,891|478,424|
|||373,074|548,354|
|LIABILITIES||||
|Creditors:Amountsfallingduewithinoneyear|10|13,226|9,648|
|NETCURRENTASSETS||359,848|538,706|
|TOTALASSETSLESSCURRENTLIABILITIESANDNETASSETS||1,341,319|1,185,112|
|THEFUNDSOFTHECHARITY||||
|Endowmentfunds|11|1,120,460|935,052|
|Restrictedincomefunds|11|145,430|153,623|
|Unrestrictedincomefunds|11|75,329|96,337|
|TrustFundcapital|11|100|100|
|TOTALCHARITYFUNDS|12|1,341,319|1,185,112|





## 

|||2021|2020|
|---|---|---|---|
||Note|£|£|
|NETCASHPROVIDEDBY(USEDIN)OPERATINGACTIVITIES|13|4,958|(17,654)|
|CASHFLOWSFROMINVESTINGACTIVITIES||||
|Interestandinvestmentincomereceived||5,949|8,552|
|Receiptsfromsalesofinvestments||-|361,380|
|Purchasesofinvestments||(150,000)|(220,000)|
|NETCASH(USEDIN)PROVIDEDBYINVESTINGACTIVITIES||(144,051)|149,932|
|CHANGEINCASHANDCASHEQUIVALENTS||||
|INTHEYEAR|14|(140,533)|132,278|
|Cashandcashequivalentsatbeginningofyear||478,424|346,146|
|CASHANDCASHEQUIVALENTSAT||||
|ENDOFYEAR||337,891|478,424|





## 

## 

## 

## 

## 

## 

## 



## 

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## 

## 

## 

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## 

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## 



|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|1.|DONATIONS||||||
||Donationsfromfoundations,|trusts|||||
||andcompanies|-|381,316||381,316|142,555|
||Donationsfromindividuals:||||||
||IncludingGiftAid|-|112,431||112,431|75,041|
||Other|-|85,179||85,179|28,760|
||||578,926||578,926|246,356|



|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|2.|INCOMEGENERATEDBYTHE||||||
||PROVISIONOFSUPPORT||||||
||FORUCT||||||
||Operatinggrantcontributions||||||
||receivablefromtheUniversity||||||
||ofCapeTown|65,000|||65,000|76,000|



|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|3.|INVESTMENTINCOME||||||
||Bankinterestreceivableon||||||
||shorttermcashdeposits|-|36||36|272|
||Incomefrominvestments|listedon|||||
||arecognisedstockexchange:||||||
||UK|-|5,913||5,913|8,280|
|||-|5,949||5,949|8,552|





|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|4.|EXPENDITUREONRAISINGFUNDS||||||
||Directcosts:||||||
||Alumnifunctioncosts|5,573||-|5,573|-|
||AlumniAppeal|4,444||-|4,444|2,662|
||Supportandgovernancecosts||||||
||(seenote6)|75,648||-|75,648|64,755|
|||85,665||-|85,665|67,417|



|||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||£|£|£|£|£|
|5.|COSTSINCURREDINTHE||||||
||PROVISIONOFSUPPORT||||||
||FORUCT||||||
||Directcosts:||||||
||Grantsgiveninsupportof||||||
||theUniversityofCapeTown||593,068|-|593,068|372,701|
||programmes||||||
||Supportcosts(seenote6)|343|||343|373|
|||343|593,068||593,411|373,074|





## 

|||Costsofgenerating|Costsincurred|Governance|Total|Total|
|---|---|---|---|---|---|---|
|||voluntaryincome|inprovision|costs|2021|2020|
||||ofsupportfor||||
||||UCT||||
|||£|£|£|£|£|
|6.|SUPPORTCOSTS||||||
||Consultancyand||||||
||administration|47,358||-|47,358|39,653|
||Traveland||||||
||accommodation|135|||135|(878)|
||Communicationsand||||||
||stationery|1,457||-|1,457|2,350|
||Operatingleaserentals:||||||
||Landandbuildings|8,100||-|8,100|8,100|
||Otherofficecosts|6,718|-|-|6,718|5,992|
||Auditor'sremuneration:||||||
||Auditfees|-|<br>-|9,540|9,540|9,538|
||Legalfees|-|<br>-|2,340|2,340||
||Depreciation—owned||||||
||assets||343|-|343|373|
|||63,768|343|11,880|75,991|65,128|





## 

|TANGIBLEASSETS|||||
|---|---|---|---|---|
|||Office|Furniture||
||Computers|equipment|andfittings|TOTAL|
||£|£|£|£|
|Cost:|||||
|1January2021|3,160|1,022|1,770|5,952|
|31December2021|3,160|1,022|1,770|5,952|
|Depreciation:|||||
|1January2021|2,666|1,022|1,552|5,240|
|Chargeforyear|301||42|343|
|31December2021|2,967|1,022|1,594|5,583|
|Netbookvalue:|||||
|31December2021|193||176|369|
|31December2020|494||218|712|





## 

|||2021|2020|
|---|---|---|---|
|||£|£|
|8.|INVESTMENTS|||
||Investmentslistedonarecognisedstockexchange,heldprimarily|||
||toprovideaninvestmentreturn,atmarketvalue:|||
||Marketvalue1January2021|645,694|750,751|
||Additions|150,000|220,000|
||Disposalproceeds|-|(361,380)|
||Realisedlosses|-|(18,524)|
||Unrealisedgains|185,408|54,847|
||31December2021|981,102|645,694|
||Atthebalancesheetdate,themarketvalueoftheportfoliocomprised:|||
||UKinvestments|981,102|645,694|
||Unittrustfundsandothersimilarsecurities|981,102|645,694|



||BlackRock|545,288|426,743|
|---|---|---|---|
||CCLA|210,972|109,007|
||StonehageFleming|224,842|109,944|
|||981,102|645,694|
|||2021|2020|
|||£|£|
|9.|DEBTORS|||
||Prepayments|2,025|5,029|
||Accruedincome|25,000|58,500|
||Incometaxrecoverable|8,158|6,401|
|||35,183|69,930|



|||2021|2020|
|---|---|---|---|
|||£|£|
|10.|CREDITORS|||
||Amountsfallingduewithinoneyear:|||
||Accruals|13,226|9,648|





## 

## 

|THEFUNDSOFTHE|CHARITY||||||
|---|---|---|---|---|---|---|
||||||Transfers||
||1January|||Gainson|between31December||
||2021|IncomeExpenditure||investments|funds|2021|
||f|£|£|<br>£|f|f|
|Endowmentfunds|(heldatBlackRock,StonehageFleming,|||CCLAorincash):|||
|GlaxoChairFund|687,513||-|<br>135,676||823,189|
|LawFacultyFund|170,423||-|<br>33,959||204,382|
|MibashanFund|23,453||-|<br>4,673||28,126|
|OatesFund|42,711||-|<br>8,463||51,174|
|AndrewsFund|4,645||-|<br>892||5,537|
|KaplanAward|6,307||-|<br>1,745||8,052|
||935,052|||185,408|-|1,120,460|
||||||Transfers||
||1January|||Gainson|between31December||
||2020|IncomeExpenditure||investments|funds|2020|
||£|f|£|<br>£|f|£|
|Endowmentfunds|(heldatBlackRock,StonehageFleming,|||CCLAorincash):|||
|GlaxoChairFund|673,015|||14,498||687,513|
|LawFacultyFund|155,538|||14,885||170,423|
|MibashanFund|21,446|||2,007||23,453|
|OatesFund|39,041|||3,670||42,711|
|AndrewsFund|4,206|||439||4,645|
|KaplanAward|5,483|||824||6,307|
||898,729||-|<br>36,323||935,052|





## 

## 

||||||Transfers||
|---|---|---|---|---|---|---|
|1|January|||Gainson|between|31December|
||2021|Income|Expenditure|investments|funds|2021|
||£|£|£|£|£|£|
|Restrictedincomefunds:|||||||
|Undistributedendowmentfunds||income-|||||
|GlaxoChairFund|7,991|5,324|7,030|||6,285|
|LawFacultyFund|336|427|503|||260|
|MibashanFund|152|63|123|||92|
|OatesFund|274|109|220|||163|
|AndrewsFund|22|7|19|||10|
|KaplanAward|20|13|21|||12|
|100UPProject||146,942|145,538|||1,404|
|AlumniinAction/GBV||750|750|||-|
|BaxterTheatre|362|-|362|||-|
|BursaryFund|50,585|67,942|81,514||74|37,087|
|ChildGuidanceClinic|250|-|250||-|-|
|COVID-19Emergency|3,503|776|4,168||(111)|-|
|DesmondTutuChair||2,319|1,900|||419|
|DisabilityService||21,000|21,000|||-|
|DistinguishingUCT|37,984|430|10,481|||27,933|
|FacultyofEBE|3,125|-|3,125|||-|
|FacultyofHealthSciences||625|625|||-|
|FireEmergencyFund||67,907|67,169|||738|
|FoodSecurity|411|-|419||8|-|
|JulianBaringSchFund|219|33,130|33,349|||-|
|KeswickPrize|1,883|-|-|||1,883|
|Kopano||625|625|||-|
|LaptopProject|3,500|-|3,500|||-|
|LawFacultyFund|6,171|13,326|8,983|||10,514|
|OperaSchool|21|6,250|21|||6,250|
|PerinatalMentalHealth||400|-|||400|
|ResearchProjects||49,921|<br>26,953|||22,968|
|ResidencesFund|20|120|120|||20|
|ProfRobertsonFund|275|7,500|4,000|||3,775|
|RugbyClub|(18)|<br>75|50|||7|
|San&KhoiCentre||500|500|||-|
|SchoolofMusic||26,500|26,500|||-|
|SchoolsImprovement|36,066|119,439|138,416|||17,089|
|SHAWCOFund|376|2,267|1,481|||1,162|
|Spiritof68Award|53|1,275|1,275|||53|
|StudentDebtFund|13|8,913|2,020|||6,906|
|Interestdistributed|29|-|58||29||
||153,623|584,875|593,068|||145,430|





## 

## 

## 

|||||||Transfers||
|---|---|---|---|---|---|---|---|
|||||||Transfers||
|1|January||||Gainson|between|31December|
|||2020|Income|Expenditure|investments|funds|2020|
|||£|£|£|£|£|£|
|Restrictedincomefunds:||||||||
|Undistributedendowment||funds|income-|||||
|GlaxoChairFund|12,702||7,184|11,895|-||7,991|
|LawFacultyFund||301|902|867|-|-|336|
|MibashanFund||260|128|236|-||152|
|OatesFund||470|229|425|-||274|
|AndrewsFund||41|<br>19|38|-|-|22|
|KaplanAward||392|21|<br>393||-|20|
|ABALOBI|40,020||3|40,000|-|-|23|
|BaxterTheatre||-|4,056|3,694|-|-|362|
|BursaryFund|80,609||36,545|66,528|-|(41)|50,585|
|ChildGuidanceClinic||-|1,250|1,000|-||250|
|COVID-19Emergency||-|19,311|<br>15,808|-||3,503|
|DistinguishingUCT|50,832||2,165|15,013|-||37,984|
|FacultyofEBE||-|3,125|-||-|3,125|
|FacultyofHealthSciences||<br>-|12,500|12,500||-||
|FoodSecurity||-|411|<br>-|-|-|411|
|FutureWaterInitiative||312||313|-|1||
|GraduateSchofBusiness||-|43,778|43,772||-|6|
|JulianBaringSchFund||219|34,975|34,975||-|219|
|KeswickPrize|1,881||2|-|||1,883|
|Kopano||63|7,125|7,188|-|-||
|LaptopProject||-|3,500||-|-|3,500|
|LawFacultyFund||364|19,857|14,050|-|-|6,171|
|Libraries||-|625|625|-|-||
|NMandelaSchool|6,836||253|7,089|-|-||
|OperaSchool|1,856|||1,875|-|40|21|
|PerinatalMentalHealth||-|389|389||||
|ResearchProjects||-|45,040|45,040|-|||
|ResidencesFund||20|120|120|-|-|20|
|ProfRobertsonFund|2,475|||2,200|-|-|275|
|RugbyClub||7|75|100|-|-|(18)|
|SchoolsImprovement|70,670||6,974|41,578|-|-|36,066|
|SHAWCOFund||782|897|1,303|-|-|376|
|Spiritof68Award||28|1,025|1,000|-|-|53|
|StudentDebtFund||-|2,413|2,400|-|-|13|
|Interestdistributed||287||287|-|-||
||271,427||254,897|372,701|||153,623|





## 

||||||Transfers||
|---|---|---|---|---|---|---|
||1January|||Gainson|<br>between|31December|
||2021|Income|Expenditureinvestments||<br>funds|2021|
||£|£|£|£|<br>£|£|
|Unrestrictedincome|||||||
|funds:|||||||
|GeneralFund|96,337|65,000|86,008|-|<br>-|75,329|
|TrustFundCapital:|||||||
|Capital|100|-|-|-||100|
|TotalFunds|1,185,112|649,875|679,076|185,408||1,341,319|
|TrustFundCapitalrepresentsthe||initialsuminvestedwhentheTrustwas|||established||
||||||Transfers||
||1January|||Gainson|<br>between|31December|
||2020|Income|Expenditureinvestments||<br>funds|2020|
||£|£|£|£|<br>£|£|
|Unrestrictedincome|||||||
|funds:|||||||
|GeneralFund|88,116|76,011|<br>67,790|||96,337|
|TrustFundCapital:|||||||
|Capital|100|-||||100|
|TotalFunds|1,258,372|330,908|440,491|36,323||1,185,112|



## 

## 

## 

## 

## 



## 

## 



## 

## 

## 

|ANALYSISOFNETASSETSBETWEENFUNDS||||
|---|---|---|---|
|||Net||
|2021|Fixed|current||
||assets|assets|Total|
||`£`|`£`|`£`|
|Endowmentfunds|981,102|139,358|1,120,460|
|Restrictedincomefunds||145,430|145,430|
|Unrestrictedincomefunds|369|75,060|75,429|
|NETASSETS|981,471|359,848|1,341,319|
|||Net||
|2020|Fixed|current||
||assets|assets|Total|
||£|£|£|
|Endowmentfunds|645,694|289,358|935,052|
|Restrictedincomefunds||153,623|153,623|
|Unrestrictedincomefunds|712|95,725|96,437|
|NETASSETS|646,406|538,706|1,185,112|





## 

## 

## 

||||2021|2020|
|---|---|---|---|---|
||||`£`|`£`|
|Netmovementinfunds|||157,647|(73,260)|
|Depreciationoftangiblefixedassets|||343|373|
|Interestincomeshownininvestingactivities|||(5,949)|(8,552)|
|Net(gain)oninvestments|||(185,408)|(36,323)|
|Decreaseindebtors|||34,747|99,495|
|Increaseincreditors|||3,578|613|
|Cashprovidedby(usedin)operating|activities||4,958|(17,654)|
|ANALYSISOFCHANGESINNETDEBT|||||
|1|January|||31December|
||2021|CashFlows||2021|
|Cash|478,424|(140,533)||337,891|
|1|January|||31December|
||2020|CashFlows||2020|
|Cash|346,146|132,278||478,424|



## 

|At31December2021thecharityhadfutureminim<br>cancellableoperatingleasesassetoutbelow:|umpaymentsleasepayments|undernon-|
|---|---|---|
||Landand|Landand|
||Buildings|Buildings|
||2021|2020|
||`£`|`£`|
|Fallingduewithinoneyear|8,100|6,990|
|Fallingduebetweenonetofiveyears|31,290||
||39,390|6,990|



##