COMPANY NO.. NI 059695
NORTHERN JRELAND CHARITYINIC) NO: NIC 101529
CHARITY REG NO: XR98926
GLOIR
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
310ECEMBER 2019

GLOIR
CONTENTS
PAGE
Charity Reference aod Admtnistrative Deiaijs
Trustees, Annual Report (lTrcludiftg DirectOf5' Rel￿ and Strategic Report)
44
Independ¢nt Examinees Report
Statement of Finatkcial Aaivities
Balance Sheet
Noies to Ihe Financial S￿ern¢￿ts
10-18
Detailed In￿￿¢ atld ExpeDdiMre Account
19

GLOIR
Charity Reference and Adminfftstrative Details
Year Ei nded 31 Decetnber 2019
Company regimtiOTJ number
NIO59695
Cl?arity Registration Number
XR98P6
Northern Ireland Charity (NIC) NLThber
101529
TTUStees
Sr. Cathcrirte Tcresa Martift
Sr. Gay Ba
Sr. Pauline Coivie
Sr. Olive M¢Convilk
Sr. Parricia Daly
Sr. Re(pina M¢Geo
Sr. Anne M¢CaTthy
Sr. Agnes Hawio
Sr. Margaret O'Reilty (appointed l (kther ?019)
Registered OtTi¢e
?7 Catherine Street
Co. Dow
BTi5 6JG
Independent Examiner
Jonathw Faulkner
FCCA
Ketmedy & Co
Chartered CertÈfied Accountants & Rtgtsiered
AudiloT5
? l KilmoTey Street
Newry
Co Down
BfJ4 2DF
BaTrkets
First Trusl Batlk
4?44 Hill Streer
Newry
Co Down
BfJ4 IAU

GLOIR
Trustees, Annual Report (Ineludiog Direttors Report 2Dd Strategic Report)
Year Ended 31 December 2019
The Tntste¢s present their report and the fin8ncial siaietnents of the charity for rhe year end J l Deceinbrr ￿19. The Irusiees
have adopted ihe provtsions of ihe Sratement of Recommended Prn¢iice (SORP) "Accounting and Reporting by Chariiies"
in preparing the annual report atld financial sratemenis ofthe charity.
Trusttes of the charity
The diiector5 of the charitable ￿rnPany are its mis(ees forthe purposes of charity law. The trustees who have served duftog
th¢ year and 5in¢¢ the year end were a5 follows=
Sr. Carherine Teresa MartiD
Sr. Gay Barry
Sr. Pauline Cowie (Chairperson)
Sr. Olive hlcconville
Sr. Patricia Daly ITrea5urer)
Sr. Regina McGeown
Sr. Anne Mccarthy
Sr. Agnes Hannon
Sr. Margaret O'Reilly (Appointed l (kwber?019)
Objcetlves and activities
GLOIR mainly aims ro adYan¢e educatTron and provide leadetsh5p and trdiThing th those coinmitted to developinD a fuEUTP
marked by wateT social justice and specifically to address the emerging ¥ttd$ of a multi-clllittral $￿Iety. We have done fhis
by Fdcilitsting numerous leadership trdining workshops in adult education.
Our PUTP05e is to provide leadership and rrainino ftir rnen and ivomen omitted to developtng a fu£ure marked by greater
50eial jus¢ice and sJxcifieAlly to address the emerging nttds of a multi-cultunl wiety.
We work collaboratively with othu5 to create spaces and places where tts.tsether wc can explore imaginar¥vely way5 of living
justly on our planeL
We work- with people who believe in partiCiPatinD in the shoping of a future marked by greater ￿Kial justice.
We work with d?ose who hold Leader5hiplMa#ats¢rial roles to enhance their ability tn working creatively and effe¢tively ivith
their teams. We t)aniculariy support women who strive io find new m(Mlels and styles of leadetshiplmanaganent.
Public benefit Statement
We have achieveo our public benefii panicular]y by working ivith communities in areas of 5¢Kial and economic
disadvantage. Throughout the year we have WOTked in Afraca quik often and have thetefore been successful in achieving our
goals.
We have reviewed Th¢ Chariry Commisston of Northem IrelaThJ guÉd8nce on public benefit and can coDfErni that we believe
that WE have sattsfied th¢ public bettefil reqU1￿Men[.
Strategic Report
Achievements and performance
11ie ¢haTitv succeeded in offering Adult Education and provided leadeTship and training to those committed to developing a
fiiwre Lnarked by ￿eater social j￿$1￿Ce and spectrtcally lo addw the emerttino Treed5 of a mulii-¢uliuRI society. We h8ve
done this by Fdciliiating numeroLLS leadership training workshop5 in aduli educ8ti0Tr.
W¢ have achieved our public benefrt partieuiarty by working with communities in areas of social and economic
disadvaniage. Throughoui ihe year we have ivorked io Africa quiie often and have therefore been succe5sfv1 in achievinv our
goals. Countries worked in include K¢nyd. Zambi4 Tanzanii CatnenK>Th as wrll as lialy. Unittd Kingdom and Ireland.

GLOIR
Trust￿, Allnual Report (Including Directors Report and Strntegic Report)
Year End¢d 31 December 2019
FinaneiAI review
Reserve5 Policy
The Board of DirectOTS have ex8min¢d the charitys requirements for reserve5 and considerthe cwrent level th¢x¢eed rhe
requirements 10 continue opemion throU￿D Out the ?O?o fiT>anrial yew. The cujyent level of reserve5 availableio the charity IS
£45,889 and these are all unr¢strict¢d. The current level of re5erve5 available to the charity wll be able fo absorb any deficit
that may arise lhrotj8ho￿t ?￿0.
Plans for future periods
The director5 met remoiely in Ouober ?IPO and il Wds a.￿ed that GLOIRwould at a reduced pace,as long as Sr.
Mary Harrington and Sr. Gabrielle s￿art are able and happy to ¢oniine_
2020 has seen ib¢ income reduce significantly due to the global pandemic, hoivever those involvtd have usediheÉr re50urtts
where possible 10 deliver workshops etc remotely so Ihere is siill an tThcome stream to cover costs.
The trustees ¢onsider that the level of Teseryes available at rhe end of ?019, togeiherwith work plans for ?O?O and 2Q?I will
enough Èo keep the charity 0￿raCIo￿al, however ai a reduced capacity-
Structure> governance and ￿anagement
The board of dire¢tots cart only aFq)oint new trtths. A m(rtion musi be pui fonwd by one director and a Show of hands
deierniines if the majoraty a8re¢s.
The charity is 8 charitable company limited bv Ouataniee ond ivas incoryM)fdi¢d on 12 June 2¢)06. It is goveMed bv a
memorandum of asso¢iation. The charitsble compan￿5 resistration nuJDi*r is N105969i attd its registered offic¢ ss ?7
Catherine Streel. Newry. Co Down. BfJ5 6JG.
On 3 November 2015 the charitsble company rtgi5ter¢d with The Charity Commission for Northem Ireland and its NJC
number is l Ol529.

GLOIR
Trustees, Annual Report On¢ludlttg Dlrtetors Report and Strategie Report)
Year Ended 31 Deeernber 2019
Tru5tees' Responsibilitie5
The trustees (who are also dir¢t¢ors of GLOIR for ihe PLEfposes of company law att responsible for preparino ihe Trustees,
Annual Rcport (including the Strdieuic Report) and the f¥5Jancial statements in a¢¢ordance with applicable lawand Utlited
Kingdom Ac¢ounting Stand2nts (United Kingdom Generally Accepted Accounring Prdciicel.
Company law requires the m]stee5 to prepare financial 5tstements for eath fir￿n¢la1 year. which give a tn* and fair view of
Ihe state of affairs of th¢ ch¥iiabl¢ ¢ompany and of the incoming resources and 2pplicarion of Te50urce5. intludino ihe
incoTne and ¢xpenditurq of the charilablE company for that PETiod_ In prepaTing these finatjcial ststements, the trustees Ore
Ttqutrcd ro=
Select suitablc accounting poltcie5 aTKI then apply theJn con5iS*ntlY.
observe the meth(xJs and princrples ift the Charirtes SORP 2019 IFRS R02)
make judgeTnents and estimate5 that are reasonable aad PTudtnt.'
slate whether 2ppli¢able UK A¢coyntiTrg Stsndards have been followed, 5vbjeei to any matertal departure5 disclosed and
explaincd in the financial statements-
prepare the financial 5talesnents on the going ¢on¢¢m basis unless it is inapptopriate io presume that the chTlt8ble
cornpatLy will coniinue in op¢raiioD.
The tru5te¢s are responsible for keeping adequatr 3ccouniing records that diselose with reasDTh&ble accurdcy*any time the
rinancial position of the Charl￿ble compaay arld enable them EO ensure thai the fiTran¢ial uat¢menrs ¢omply with the
Companies Act 7006. They are also responsible for safeguarding the a55ets of the chariiable company and hence for taking
r¢ason3ble steps for the preveniion and de￿110￿ of fraud and other IJTegulariiies.
The report of the tsystees has been Prepata tsking adydtitage ofthe stna]I cornpanies. exetnptioll of Section 41iA of the
Companies Act 2tMJ6.
Disclosure of information to thc lDdeper¢deTrt ExaTniner
We. the direetots of the company who he5d offir£ at the date of approval of these Ftn8neial state￿ents as set oji above each
coftfimi, so faras we are aware. that..
there 15 no rekvant infonn*ion of ivhich the companys Indet£nd¢nt Lx4miner is unaivpre" and
we have iakeTh all the steps that we oU￿t io have thken as diTxrors in orderto make ourselves aware of anyr¢levant
illformation and to e￿abliSh fvt the compaDy5 ]Thde￿ndent Examiner is awdre of that infornlation.
Jn approving the Trustees, Anllual Report. we also approve the Straiegic Report included theTein: in our cap¥ity as coinpany
directors.
Approved by the Board on
2nd signed on its behaifby:
5rl
Sr. Regiii
eown

GLOIR
Indep¢ndcnt Examiner's Report to the Trnstees of GLOIR
l ￿p)rt on the accounts of the company for rhe year ended J l December2019 which art sct out on pages 810 19.
Resp¢ctive responsibilities of trnstees and examTueT
As the charity rrustees (and 8iso the dire¢tOES of the company for the pwposes of cornpany lawl yov are responsible for rhe
preparation of the aecounts iF) a¢Corda￿Ce with the TEquireTnenrs of the Companies Att 2006. Having satisfied myself ihat
the charity is nor subje¢t to audit wlder company law. and is elioible for indep¢r]dent examination. it is my re5w)n55bility ro..
¢XamiEJe the accounts under section 65 of the Charities Aci (Northern Ireland) 2008.
follow Ihe procedures laid dowm in the tsener#l Directions givm by the Charity Commtssion for Northttn Ireland ynder
section 65191(b} of ihe Charities A¢i' and
stste whether pani¢ular matters have come to my atteniion.
Basis of Independent Lvdmiuer's Report
I have examined ytsw charity accowits as wuired uader section 65 of the Charities Aci and my exam5naiion was tarried out
in accordanee with the general Directions giyen by the ChariÉv Commission for Northern Ircland under sect￿n 65(91(b} of the
Charities Aci. The examinaiioD included a review of the accoynttng tY¢ords kept by the Charity and a ¢omp2r5s0n of Ili¢
accounts pres¢nted with those records. li a150 incltjdes ¢onsideratton of any unusual irems or disclosures in the accounts. aiid
seeking explanatttsr￿ from you 25 C￿rity trus*es concernin¢v any such matters.
My role is 10 stale whether any m81¢ri81 Mar￿ have come to my atteniion giving me cause to believe=
That accounring records were not kept in ac¢onJan¢e wtth seaion 386 of the Companies Act 2
2. That the accounts do not ac¢ord with those accounitng records
That the accounts do n¢X comply with the accoun(ing Tequirements of section 396 of the Companies Acr ?006 and wilh
the rnethods atjd principle5 of the Charities Sthtem¢nt of Recommended PT8cf5ce applicable to ¢harilT¢5 preparing their
ac¢ounis in aceordance wsih ihe Financial ReportirÈQ Stsndard applicable in the UK and Republic of Ireland
4. That there is further inforntation needed for a prDper understanding of the ac¢ounts io be Teach￿.
Independent examiner's statement
I have completed my ex8miAation and have rto concerns in Twi of the matters (1) 10 (4) listed abDve and, in corjneclion
with following the D%rectlOns of ihe Charity Commission for Nonh¢m Irelattd. I have found no matt¢TS that require drdwiiig to
your attention.
Jontthgn Faulkner
FCCA
K¢rtThedy & Co
Chartered Certified Accountants and Registered Auditors
21 KiImorey Street
N¢wry
Co. Down
BT34 2DF

GLOIR
Staternent of Finallcial Aetivities
Year Ended 31 December 2019
Uorestrtreted Re5tri¢ted Total FuDds Totsl
Funds
FuNd5
2019
2018
NOTFS
Income from:
Charitable A¢tivitLes
Inv¢srmenr Income
51.058
51,058 29,991
154
88
13,772
11,038
Total Income
64.984
64,984 41,117
Exp¢Dflitsre on:
Charitable Aclivilies
Support Costs
Govemance Costs
?0,723
35.908
2.911
19,717
35,908 34,949
),410
Total Expenditure
59.548
59,548
57.076
Net lllcomel(expettditure}
5,436 (15.959)
Net movement in futtd$
14
5,436 {15,959)
Reeonclliation of funds:
Totsl funds brought forward
40,453
56,41?
Total funds Carried foTward
14
45,889
45.889 40,453
All incom¢ and expendiiur¢ derive fr￿n continuing activiii
The staitment of financial activities snclth atl gait)s and losses T￿o￿]sed durÈng the year.

GLOIR
B81ance Sheet
Year Ellded 31 December 2019
2019
2018
NOTE
Fixed Assets
Tangible Assets
12
1.901
Cvrrcnt A55ets
Cash at Bank
39.517
45.64?
i9.517
Creditors: AmouR15 FallÈng Due Withio One Year
13
1.655
1,599
Net CurrElIt Assets
4i.987
i7,918
Net Assets
45,888
40,453
Ch3rÈty Funds
Unre5tTiCted Funds
45,888
40.45)
Total Charity Funds
45,888
40.4)3
For the year ending 31 December 2019 the ClH[ht￿ Wds ¢niirled to exemwion under 5ectton 477 of the Conynies Act 2006
relattDg to small companie5.
The directors have Doi reqyired the ¢ompany to obtain an altdit in accordance srttion 476 of the Companies Au 2006.
The direciors ackn(twledge their responsibiliues for complying with the requÈretnents of the Acr with ￿Spect w accountEng
re¢ords and ihe weparaiior* of attounts.
These financial sipi¢ments have been Prepared tn ac¢ordance wilh the provisions applicable to companies subiBCt to the small
companies, Tegitn&
These annual a¢wuftis and reports have been deliVe￿d in ￿rdIn￿ with the provisioThs applicable to c(Trmpmi¢5 subject fo
tlie small conipanies, Tegime.
The fin8n¢ial stÈtements were approved and auth0ri5ed for issue by the BO￿ on
Signed on behalf of the IB)ard of Trustees
TTUStee:
{￿ly
n# MeGeown

GLOIR
Notes to the Financial StAttments
Year Ended 31 December 2019
Summary ofsiunificant #ceountiJ*T policies
General inform3tioN and basis of PTep#rdtion
GLOIR is a CliariE8ble Company based in Northern Ireland. In the event of the eharity kin8 wound up, the liabiliLy in
respect of the 8uaAntee is lin)iLed io £1 per member of (he charity. The addre55 of the regIste￿d offite 1$ given in the
e i of these financial Statements. The nature of the charitys i)perniio]LS and principal
charity infomiaiion on pa?
Jctivilies are to facilirare of leadership training through aduli edllcarion.
The Charity ¢onstiiuies a public benefit ettiiry as defined by FRS I￿. The fjnaDcial ststemenis hove bcen prepared in
aceordance iviih Accounting and RerK)ntng by Charitbes= Stsiement of EiecoHuRended Practice applicable to charities
PTeparing their accounts in attordaD¢e ivith the Financial Reporting Siandard applicable I￿ the UK and Republic of
Ireland issued in October 2019. Ihe Finan¢ial Reportkno
Stsndard applicable Èn the United Kingdom aod Republic of
Ireland (FRS 102), the Charities Aci 2011, the Coinpanies Aci ?006 and UK Generdlly Accepted Prdcttee.
The charity h&s applied Updaie Bulletin l as published olt 2 February ?016 and does not in¢lude a cath flow 5takn)eDI
on the grounds thai li is applyino FRS 102 Section l A.
Tlie financial sthiemenrs are prepaTed on a going concem bast5 underihe historical ¢ost convention, modified to include
cernin items 8t fair walue. The financial stsiemts are presented steiling which is the fun¢¢ton21 currency of the
charity.
The sitsnÈficant att(truniing policie5 applied in the preparation of these firtancial sfatrments are Set oui below. These
policies have been con5iStently applied w all years presenied unlesg oth¢nYise 5thred.
Funds
UTwestricied ￿ndS are avatlable For use ai rhe di5cFerion of the tr1￿1￿$ in fityther8nee of the 8¢lletal obje£tivt5 of ih¢
¢harity and which have noi been designated for other purposes.
Designa￿d fijnds comwise unrcstric*d fimds that have been set &%ide by the trustee5 for particular purpose5. The aim
and use of each de5igAatcd fund is set out in the notes to the financial ststtments.
Restricted fund5 are funds which are to be used in accord8T￿e with specific re5trieiions imposed by donoTS or which
liave been taised by the charity for particular pur[￿￿s. The CO￿ of raisinu and administering such funds are charged
againsr the specific find. The al￿ and use of each restrr¢t¢d fund is Set Out in ih¢ note5 10 the financial stslements.

GIA)IR
Notes to the Financial Statements
Year Ei nded 31 December2019
l. Sutnmary ofsignificant a¢eounting polieies (Coot..)
Ineome rewgoitio
All incomtng re50urce$ iDcluded in the Statement of Financial Aclivrtses (SOFA) the Charity is le￿allY entitled
to the income after any performance condittons have been mei the can be meaSU￿d reliably èud it is probable
that ihe income will be reeeived.
For donaiions to be recoonised the charity will have been notified of the amottnts Ihe settlement dtie in wrlting. If
there are condilions attached to the donation and this requires a level of performance before entitlemenican be obtaiiied
then incoJn¢ is deferred ￿ntIl Ihose condtiioThs are ￿lEY me( or the fuifilmeni of those conditio￿ 15 wiihill the control of
the ¢harity and il is probable thai they will be fulftlled.
Donated facilitie5 and donated PTofessional services are recognised i# incoEne at their fatr value when their econoinic
benefit is probable. it Can be tnehSured reliably and the Charity has control over the iiem. Fair value is ddern)1￿ed on the
basis of the value of tlie gift io the charity. For example ihe amount the tharity would be willing 10 rmy in the open
marLei for such facilities and services. A ¢onespondsng atnount Is recognised in ¢xpetsditure.
No amount is included in the finaThcÈal statements for voluntttr time in line wtth the SORP.
InvesDn¢nt income is earned Ehrough inwesi frnm the IxEJk. Imere5t income is reCO￿lSed using the effectÉve intere51
mcthod.
OUier illCOTne tncludes the reimbwsenwni of travel exrkTbse5.
Expenditure recognfrtio
All eX￿nditUre i5 accounied for on an accruals basis and has been ¢las5ified under heading5 thal agwie all Costs
related to the ¢ategory. Expendtture is re¢o￿lsed wheTe there is a legal or consthjctive obligation lo rrAL'e payments lo
third parties. it is probable that the settlement will be tEquittd and the amount of the obligaiion Can be ]neasured
reliably. It is caiegorised underth¢ followrng headFnJo '.
Charitable ActiYiti¢s-
Support Costs: and
Goveman¢¢ Costs.
Irrecoverable VAT 15 charged as an ¢x]xnse against die activity for which ex￿￿1)jre ar95e.
li

GLOIR
Notes to tIRe Finanei41 Slalements
YearEnded 31 December 2019
Summary ofsignificant accounting policies (Cont..)
Support ¢osts #llocation
Support Costs are those that assist ihe work- of the charity but th) not directly represent charitsble activities and include
office cosis. governance cost& admtnistrdtive payroll costs. llw are incurred dire¢ily in support of expenditure on the
objects ofihe charity. Where supwrt costs tannot be directly attributed io particular headin¥ they litv¢ been all0¢￿ed
to ¢haritsble activity costs and expendtture on oovernance costs on a b&%is consistent with use of Ihe resource
Premises overhead5 and other overhea(Ls have been allotated as expeodirwe on support costs.
Tangible fixed assets
Tan(rible fixed assets are ststed ￿ cost less accumulated depTecFation and accumulatul impairnient1055e& Cost includes
costs directly anrilxnable to making the &5S¢t eapable of ow*ingas intended.
tkpre£iation is provided on all rang￿1 1¢ fixed assets. ai Tales calculated to write off the c05t, less e5timaied residual
value. of each asset on a 5yStem81ic b&%È5 over its ex￿Cted us¢fiJJ Itfe as follows".
Ayset Cla55
Fixtures. Fitting5 and Equipment
Motor Vehicles
Depreeiation method and rgte
?)% Reducing Balan¢E
25% Reducin8 Balance
Creditors payable wiibin one yethr
Creditor5 With no statrd interest rate aTrd receEvable or payable within one ycar are recorded at transaction
pr5ce. ArJy1055es aris*ng from imPaiTM¢￿I are ised in eX￿]￿re.
Impalrment
Assets not measured at fair value are reviewed for any indication that the assd may be impaired at balance sheet
date. If such indÈcation exists. the re￿verable amount of the asseL or the as5eVs cash tsenerdtinv unit, 15 estimated and
compared to il)e carryinu ￿nou￿t." Where the ￿nYIng amouni ￿ceedS its ￿COve￿bIt amount, all impainnent 1055 IS
recogni5ed in profit or loss unlets the ass￿ is ¢￿rried ai a revalued amouThE wlier¢ ihe impaimient loss is a revaluatio
deereas¢.
Foreign ¢urrency
Forei.￿￿ currency rransaaions are initially Tec0￿1￿$td by applyints io the fOreI￿(r currency amount the 5PDt ¢x¢hang¢ rate
between the functional Curren￿ anil the foreign cunency ￿ the date of the ts2$￿￿10[}.
Monetary assets and liabilities deJKJMinared in a ftsreign cwTcncy ai the balanL* sheet date are translat¢d using th¢
¢losing rdte.
12

Notes to the Finaneial Statements
Year Ended 31 Deetmber2019
Symmary of signifi¢apt aecounting polieies ICoDf..)
Pensions
The charity op¢ra*s a defined contribution plan for the benefit of its Lev per9￿ne1. Contributions Hre expensed a5 th¢y
be¢ome payable.
Tax
The charity Ès an exempt charity within tFte Tneaning of s¢hedule J of the Chartiies Act ?01 l and is consh4ered to pass the
tests sei out in P8raoJaph I Schedule 6 Finance Act ?010 and there¥0￿ it mrtts the definilEon of a ¢h8rtlabl¢ company
for UK ￿rpo￿l[0n lax PUTPOKS.
GoÈng concer
The financial ￿a[eMents have been prepared (m a ooing con¢em ba5Ès as ihe trustees believe that no maierial
uncertainties exisL The trt￿tee$ have Considered The level of funds held and the expeci¢d level of income and
expendily￿ for l? TnOn￿ from authoiisins these fjnancial siaterRents. The trtjdgeied income and eYpend5ture is
sufficient with the level of TeseTVCS for the charity io be able to coniinue as a going concern.
Income from eharitable attivities
2019
2018
Sale of Servyces
51,058
29.991
In¢ome from charilable activities was £51.058 (2018- £29.991) and was wholly attributsble to unrestrK*d funds.
Income from investtBents
2019
2018
Interest- Dewsils
154
88
Income frotn investments was £154 (?018- £88) and was wholly attributhble to WUf5triEtEd fi]nd5.
Other In¢ome
2019
2018
Resmbursment of Trdvel Expenses
ITtcome from oiher income was £li.772 P018- £11,038) aThd was wholly attributable to unrestricred fimts.
11,038
13

GLOIR
Yotes to tbe Finaneial Statements
Year Ended 31 Deeembtr2019
Analy5iy of expeDditsre on tharitsble aetivitie5
Activities
ndertakE4
directly
2019
2018
Workshop Expense
Motor Expenses
Education and Training
16,675
1,944
2,104
15,185
1,471
i,061
?0.723
19,717
£?o.P3 (2018- £19.717) of the above costs wholly attribytable to unrestricted funds.
Allocation ofsupport eosts
Activitirs
underlsken
dire¢dy
2019
Total
2018
ent and Rates
Repairs and Renewals
Telephone
Light and Heal
St2tionery and Computer Costs
Bank Cliarges
Depreciation oft Motor Vehick
Depreciation on oifice Equipment
Pension Coniributions
Exchènge rnte ditkTEnce5
5.085
i,840
209
?06
82?
314
467
167
?7.78j
480
??2
?8,771
57
35,908
34.949
Governance Costs
?019
2018
ItkdependEllt ExarniTter5 Remunerdti¢)n
Professional Fees
8IKI
800
1,610
?.917
14

GLOIR
Notss to the Financial St2tetDents
Year Ended 31 Deeember 2019
Net Ineome for the year
2119
2018
Net ITtcome 15 Stated after chargingl{Crediting)
Depreciaiion of ranaible fixed assets
Net gains on foreign exchange
6)4
480
845
57
902
Independent ex$miDers remuneration
The independent examkners remuneration amowits to an independent examination fee of £800 (2018-£800).
10. Truste￿, and key managemeDt peT500nel remunerdtion and expenses
The tot21 amounr of ben¢fiis received by key management p¢rsoTwel is £27.78J {?018- £28,771).
2 {?018 - 2) key managetnenl FtT50nr*l are acerning pension aT¥anuements.
I l.Trustees' and key management personDel remuDeratioD expeases (eontinued)
The teiTnbursement of m]stees expenses was as follows:
019
2018
Trnvel
13,772
I I,Oi8
15

GLOIR
Notes to the Fin&ncial Statements
Year Ended 31 Decembcr 2019
12. Tangible Fixed Assets
rixture5.
Fitting5 &
Motor
Equipment Vehi¢ltS
Tot81
Cost
At l January ?019
7,885
ioJoo
Additions
Disposal
At 31 December?019
7,885
ioJoo
18,385
Depreciation
At l January ?019
15.850
Charge for th¢ Year
167
467
634
On Disposal
At 31 December ?019
7J85
9.099
16,484
Net Book Value
At JI December 2019
500
1,401
1,901
Ai JI Decetnber 2018
667
1.868
13. CreditOTS: aTnounts folllttg due wiihin one year
2019
2018
Other Creditors
A¢cnJals
1.165
490
1,139
460
1.655
1.599
16

GLOIR
Plotes to the Financial Statements
Year Ended 31 December2019
14. Funds reconciliation
Unrestrieted funds
Bal#nee gt
l Jana￿ary 2019
Balar￿e It
Incomc EXp¢￿dIture 31 De£ernber 2019
Unrestricted Fund5
40,45)
64.984
59,)48
45.889
40.45i
64.984
59.548
45,889
Fund Deseriptions
Unresiricted fittkd5 are rEserves that will be used for the ongoing Charitable Company's activities.
15. Analysls of net assets between funds
Unrestricted
Funds
Restricted
Funds
Total
Fixed assets
Other current a55etslliabilÉties
1,901
4).987
1.901
43,987
45,888
45,888
16. Reeonclllatlon of net incomel(expellditUTe) to net c4sh flow from opcr#ting #ctivities
2019
2018
Net Incomelekpenditure for the year
Ititerest Receivable
Depreciation of ianaible fixed assets
Increasel{decreasel Én creditors
5.282
(15,959)
88
845
(465)
634
55
Net cash flow from operating aetiwities
6.125
{15,491)
17

GLOIR
Notes to the Financial Statements
Year Ertded 31 Decemb¢r 2019
17. Pension$ and other post-TetiremeRt benefits
Defijed contr5bution pensioft plans
The charity operate5 a defined ¢ortrribution pension pla# for Èrs iTusr¢e5. The amount Tecogni5ed as an
expense in Ihe period was £ 27,78) QOI 8 - ￿8.771)-
This cosi has been allocated io support COY5 ttT￿ is an uThrestri¢ied COSL
18. Related party ¢r4ttsaetioMs
There are no rel￿ed p3ny ttansarttons during the rxrkod (2018. £ Ril).
19. Posl-BAlance Shttt Events
Aft¢r the balance theet date. the companys aclivities reduced significaThtly due 10 the oltsbal pandetnio The company h
diversifTed attd whert possible. delivered worKshop5 remoiely so ihet¢ is still an income stream io cover costs. Ir is Dot
¢urrently possible io qUa￿tify the financial impa¢1 of this.
18

GLOIR
Detailed Income and Expenditure Aceount for the year ended 31 December 2019
2019
2018
Income
Income frotn £h2ritsble acttvtEje5
Incotnt from Énvesmients
Other Income
51.058
154
88
64.984
ChaTit2ble Activities
Workshop ENpense
h4olor expenses
Education aDd Training
16,67)
1.944
?0.723
19,717
Suppor¢ Costs
Rent and Rates
Repairs and Renewals
Telephot)e
Stationery and Computer Costs
Light and Heat
Bank charge5
Deprecialion on Motor Vehicle
Deprectation OF) Offiee Equipment
Pension Contyibuiions
Exchange Rate Differtnces
5.085
91
141
i,140
91
?09
822
206
366
467
167
?7.78j
i14
91.771
57
i5.908
i4.949
Governanee Costs
lftdependent ExamiD¢f5 RemwJ¢ration
Professional Fees
ifiio
?.917
2,410
Tot81 Expenditure
59,548
5?,076
Net Surplusl(Defieit)
5,436
(15.959)
19