2020-12-31-accounts

				Pages
Trustees'	Report			1-3
Report of	the Independent		Examiner
Receipts	and Payments	Account
Statement	ofAssets and		Liabilities
Notes to the Accounts				7-10

			Notes	Unrestricted	Capital	Total funds	Total funds
				fund	fund	2020	2019
				E			E
Receipts
Income from property				2,120		2,120	3,943
Investment income				39,872		39,872	45,359
Total receipts				41,992		41,992	49,302
Payments
Management and	property
maintenance				5,002		5,002	4,984
Total payments				5,002		5,002	4,984
Surplus after expenses		of
management and property
maintenance				36,990		36,990	44,318
Charitable activities:
Grants				33,331		33,331	28,494
Purchase of bibles				234		234	170
Total charitable	payments			33,565		33,565	28,664
Net receipts over payments				3,425		3,425	15,654
Total cash funds	brought	forward		79,704		79,704	64,050
Total cash funds	carried	forward		E 83,129		F 83,129	E 79,704

				Notes	Unrestricted	Gapital	Total funds	Total funds
					fund	fund	2020	2019
						F		E
Cash funds:
Central Board of Finance:
Capital deposit account					3,798		3,798	3,798
General deposit	account				52,603		52,603	39,818
HSBC Bank pic current account					23,405		23,405	32,970
Lloyds Bank pic treasurers		account			3,323		3,323	3,118
Total cash funds					83,129		83,129	79,704
Investment assets:
Fixed assets					10,000		10,000	10,000
Charities Official Investment		Fund			23,078		23,078	23,078
Central Board of Finance:
Investment Fund					36,678		36,678	36,678
Investment Fund	- Old School				71,884		71,884	71,884
Investment Fund	- Fixed	Interest			100,000		100,000	100,000
UK Equity Fund (General)					50,000		50,000	50,000
M & G - Charifund					390,000		390,000	390,000
Schroders - Charity	Multi-Asset		Fund		100,000		100,000	100,000
Total investment assets					781,640		781,640	781,640
Debtors:
Institute rent					1,500		1,500
Institute water costs					100		100
					1,600		1,600
Total Charity funds					2866,369		f866,369	F861,344

ecclesia	stical purposes or the promotion	stical purposes or the promotion	stical purposes or the promotion	of education.
2.	INCOME FROM PROPERTY				2020	2019
						E
Rents:	2 Friars Lane				1,885	1,740
Use of	Free	School			235	700
Institute	rent					1,500
Wayleave						3
					E2,120	F 3,943
3.	INVESTMENT INCOME
Dividends:		CBFinvestments			12,581	13,037
		COIF			2,044	2,004
		M 8 G Charifund			20,865	25,848
		Schroders Multi-Asset	Charity	Fund	4,178	4,181
Interest:		CBFcapital deposit account			188	261
		CBFgeneral deposit	account		16	28
					839,872	F45,359

4. MANAGEMENT	4. MANAGEMENT	AND PROPERTY	AND PROPERTY		2020			2019
MAINTENANCE		COSTS
Clerk's honorarium						250		250
Expenses re 2 Friars	Lane:
Insurance				267			253
Repairs and maintenance							116
						267		369
Expenses re Free School:
Caretaking				1,031			1,079
Heat and light				737			894
Insurance				677			693
Rates				296			285
Repairs and maintenance				29
						2,970		2,951
Expenses re Brailes	Institute:
Insurance				677			694
Rates				100
						777		694
Governance costs:
Accountants'	fee					738		720
					F 5,002			E4,984
5. GRANTS
St Georges, Brailes						20,000		18,123
individuals						1,750		1,200
Brailes Primary School						10,969		6,810
Brownies, Guides and Rangers						612		2,361
Brailes Village Hall and		playing	fields			1,500
Refunded Guides grant						(1,500)
					f33,331			F28,494

7. INVESTMENTS				Cost	Market	Market
					value at	value at
					31 December	31 December
					2020	2019
					E
Charities Official Investment		Fund
Balance at 1 January 2020	and
at 31 December 2020				23,078	71,017	66,748
Central Board of Finance	Investment		Fund
Balance at 1 January 2020	and
at 31 December 2020				36,678	91,088	85,227
Central Board of Finance	Investment		Fund-
Old School Fund
Balance at 1 January 2020	and
at 31 December 2020				71,884	164,319	153,746
Central Board of Finance	Fixed Interest
Security Fund
Balance at 1 January 2020	and
at 31 December 2020				100,000	110,696	106,924
Central Board of Finance	UK	Equity	Fund
Balance at 1 January 2020	and
at 31 December 2020				50,000	55,363	56,888
Carried forward				281,640	492,483	469,533

INVESTMENTS (CONTINUED)	INVESTMENTS (CONTINUED)	Cost	Market	Market
			value at	value at
			31 December	31 December
			2020	2019
Brought forward		281,640	492,483	469,533
M &G - Charifund
Balance at 1 January 2020 and
at 31 December 2020		390,000	427,440	517,165
Schroders - Charity Multi-Asset	Fund
Balance at 1 January 2020 and
at 31 December 2020		100,000	110,381	107,196
TOTAL INVESTMENTS AT
31 DECEMBER 2020		F 771,640	E1,030,304	E1,093,894