BARBADOS PUBLIC WORKERS’ CO-OPERATIVE CREDIT UNION LIMITED | NON-CONSOLIDATED ANNUAL REPORT 2020 59 BARBADOS PUBLIC WORKERS' CO-OPERATIVE CREDIT UNION LIMITED Notes to the Non-consolidated Financial Statements For the year ended March 31, 2020 (Expressed in Barbados dollars) 42 20. Other Reserves, continued The movement in special funds during the year is as follows: 2020 Balance at Amounts Amounts Balance Beginning Appropriated Utilised at End Social Outreach Fund $ - 332,518 (202,732) 129,786 Education Fund 171,651 356,269 (344,068) 183,852 Development Fund 221,658 128,342 (3,500) 346,500 BCCUL Training/Education Fund - 50,000 (50,000) - BPWCCUL Foundation - 200,000 (200,000) - Small and Micro Business Fund 150,000 - - 150,000 National Development Fund - 60,000 (60,000) - Credit Union Liability Insurance Fund 260,000 - - 260,000 $ 803,309 1,127,129 (860,300) 1,070,138 2019 Balance at Amounts Amounts Balance Beginning Appropriated Utilised at End Social Outreach Fund $ - 178,430 (178,430) - Education Fund 134,701 422,893 (385,943) 171,651 Development Fund 152,557 197,443 (128,342) 221,658 BCCUL Training/Education Fund - 50,000 (50,000) - BPWCCUL Foundation - 200,000 (200,000) - Small and Micro Business Fund 150,000 - - 150,000 National Development Fund - 60,000 (60,000) - Credit Union Liability Insurance Fund 260,000 - - 260,000 $ 697,258 1,108,766 (1,002,715) 803,309
RkJQdWJsaXNoZXIy MTA2MDM=