CTFA Annual Report 2020

INDEX General Information................................................................................................................................................................................. 2 Executive Council's Responsibilities and Approval................................................................................................................................. 3 Independent Auditor's Report................................................................................................................................................................ 4 Executive Council's Report...................................................................................................................................................................... 6 Statement of Financial Position............................................................................................................................................................... 7 Statement of Comprehensive Income..................................................................................................................................................... 8 Statement of Changes in Funds.............................................................................................................................................................. 9 Statement of Cash Flows....................................................................................................................................................................... 10 Accounting Policies. .............................................................................................................................................................................. 11 Notes to the Financial Statements........................................................................................................................................................ 12 The reports and statements set out below comprise the annual financial statements presented to the Executive Council: ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 1