2021-09-30-accounts

Trustees	Thetrusteeswhoservedduringthe MrDJENeville-lones MrsS CKPatterson MrRAGregory MrsD Tory MrP Leatherdale WingCommanderp A Jack MrsSJRidley MsF Normington-Smith	yearwere: (retired28October2021)
PrincipalAddress	HintonHouse
	HintonRoad
	Bournemouth
	BH1 2EN
Auditors	SafferyChampnessLLp MidlandHouse
	2PooleRoad
	Bournemouth
	BH25qy
Bankers	LloydsBankpic
	45-47OldChristchurchRoad Bournemouth
	BH11ED
Solicitors	PrestonRedman
	HintonHouse
	HintonRoad
	Bournemouth
	BH12EN
InvestmentManagers	CharlesStanley& Co.Limited 2WestoverRoad Bournemouth
	Dorset
	BH12BY
	InvestecWealth& InvestmentLimited MidlandHouse
	2PooleRoad
	Bournemouth
	BH25qy

Statementoffinancialactivities Fortheyearended30September2021 -_—
INCOME		Note	Unrestricted capital fund 2021 £	Unrestricted income fund 2021 £	Unrestricted funds total 2021 £	Unrestricted funds total 2020 £
Investmentincome		2	-	986,127	986,127	909,448
. Totalincome			-	986,127	986,127	909,448
EXPENDITURE
Charitableactivities
Grantsawardedintheyear Supportcosts		3 4	- -	710,500 41,497	710,500 41,497	1,125,000 51,481
Costofraisingfunds
Investmentmanagementfees (excludingcommissions)			55,078	55,078	110,156	106,688
Totalexpenditure			55,078	807,075	862,153	1,283,169
Realisedgain/(loss)oninvestmentassets Unrealisedgain/(loss)oninvestment	8		502,056	-	502,056	(715,938)
assets Netmovementinfunds	8		5,111,506 5,558,484	- 179,052	5,111,506 5,737,536	(2,054,505) (3,144,164)
Totalfundsbroughtforward	11		33,885,833	(38,385)	33,847,448	36,991,612
Totalfundscarriedforward	11		39,444,317	140,667	39,584,984	33,847,448

	Note	2021	2020
Fixedassets		£	£
Tangiblefixedassets Investments	7 8	1,059,058 36,896,382	1,059,058 31,471,891
		37,955,440	32,530,949
Currentassets
Otherdebtorsandprepayments Cashatbank	9	458,679 1,215,181	457,698 902,915
		1,673,860	1,360,613
Creditors:amountsfallingduewithin Othercreditorsandaccruals	oneyear 10	(44,316)	(44,114)
Netcurrentassets		1,629,544	1,316,499
Netassets		39,584,984	33,847,448
Funds
Unrestrictedcapitalfund Unrestrictedincomefund	11 11	39,444,317 140,667	33,885,833 (38,385)
		39,584,984	33,847,448
Thenotesonpages15to25formpartofthesefinancialstatements
ApprovedbytheBoardon	andsignedonitsbehalfby:
PJ Leatherdale
	SJ Ridley
	23June2022

	2021	2020
	£	£
Netcashabsorbedbyoperatingactivities(seenote)	123,195	(383,634)
Cashflowsfrominvestingactivities
Purchaseofinvestments Disposalproceedsofinvestments Purchaseofproperty	(4,100,650) 4,289,721	(7,221,055) 6,611,489
Disposalofproperty
Netcashprovidedby/(usedin)investingactivities	189,071	(609,566)
Changeincashandcashequivalentsintheyear	312,266	(993,200)
Cashandcashequivalentsat1 October2020 Cashandcashequivalentsat30September2021	1,215,181 902,915	1,896,115 902,915
NOTE
Reconciliationofnetincometonetcashflowfrom operatingactivities
Netincome/(deficit)forthereportingperiodasper thestatementoffinancialactivities	5,737,536	(3,144,164)
Adjustmentsfor
(Increase)/decreaseindebtors Increaseincreditors Realised(gains)/lossesoninvestmentassets Gainondisposaloftangiblefixedassets Unrealised(gains)/lossesoninvestmentassets	(981) 202 (502,056) (5,111,506)	(10,374) 461 715,938 2,054,505
Netcashabsorbedbyoperatingactivities	123,195	(383,634)
Cashandcashequivalents
Cashatbankandoninstantaccessdepositaccounts	1,215,181	902,915

2	Investmentincome
		2021	2020
	Dividends Interestoncashdeposits Otherincome Rentalincome	£ 898,748 80,282 - 7,097	£ 802,183 84,079 16,085 7,101
		986,127	909,448
	Charitableactivities
	Grantsawardedintheyear
		2021	2020
	10%Christchurch(Mudeford)ScoutGroup AgeUKDorchester AIMCommunity AlabareHomesforVeteransDorset AlcoholEducationTrust Alive! AndrewSimpsonSailingFoundation AnthonyNolanTrust ArtsDevelopmentCompany(The) Artsreach AsthmaRelief BCPHomelessnessActionCollaborative BipolarUK BlandfordFoodBank BlandfordOpportunity Group BournemouthChristiansAlongsideRoughSleepers BournemouthCommunityChurch BournemouthHospitalCharity BournemouthParksFoundation BournemouthSymphonyOrchestra BournemouthTownCentreDetachedYouthWorkProject BournemouthUniversity BourneAcademy	£ - 5,000 10,000 5,000 - - - 15,000 - 3,000 - - - - 7,000 10,000 8,000 10,000 - - - - 5,000	£ 5,000 - 15,000 - 7,000 6,000 5,000 - 10,000 - 5,000 10,000 10,000 5,000 7,000 10,000 5,000 10,000 5,000 20,000 6,000 5,000 -
	CarriedForward	78,000	146,000

3	Grantsawardedintheyear(continued)
		2021	2020
	Broughtforward B-SideCommunityInterestCompany BowelCancerUK BrainwaveCentre(The) BreadlineAfrica BreastCancerHaven BritishRedCross(Beirut) BurnbakeTrust BusStopClub ButterflyConservation ChangingTunes ChaseAfrica ChernobylChildreninNeed ChesilSailability ChesilSailingTrust ChildofHope ChristchurchActivitiesforYoungPeople ChristchurchCommunityPartnershipLimited CitizensAdviceBCP CitizensAdviceBureauEastDorset CitizensAdviceBureauPurbeck CitizensAdviceCentralDorset CreativeKids CriminonUK Crumbs DEED DEMAND Dentaid DiverseAbilitiesPlus Dorchester& WestDorsetScouts DorsetBlindAssociation DorsetChildrensFoundation DorsetCountfyMuseum DorsetMind DorsetParent& InfantPartnership DorsetReadingPartners DorsetYouthAssociation EllenMacArthurCancerTrust FaithworksWessex FamiliesforChildren FamilyCounsellingTrust(Dorset) FearnheathPlayAssociation FineCellWork Game& WildlifeConservationTrust	£ 78,000 - - - - - - 5,000 5,000 - - 10,000 4,000 4,000 5,000 5,000 7,000 - - 5,000 10,000 - 5,000 10,000 - - 5,000 10,000 - 5,000 10,000 - 20,000 10,000 - 3,000 10,000 - 5,000 10,000 5,000 12,000 - 10,000	£ 146,000 10,000 5,000 10,000 5,000 5,000 10,000 5,000 10,000 1,000 10,000 10,000 5,000 3,000 - = 7,000 5,000 7,500 10,000 25,000 2,000 10,000 5,000 10,000 1,500 10,000 10,000 15,000 - 10,000 5,000 - 5,000 5,000 3,000 10,000 5,000 20,000 10,000 - 15,000 5,000 10,000
	CarriedForward	268,000	456,000

3	Grantsawardedintheyear(continued)
		2021	2020
	Broughtforward GatewayChurchPoole GoedaedachtTrust(The)(GrowPeace) GrowPeace HappyDaysChildren'sCharity HealthandLoanFoodforFamilies TheHealthBusTrust Home-StartNorthDorset Home-StartWestDorset Home-StartSouthEastDorset HopeHousingTraining& SupportLtd HopeintheCommunity Horatio’sGarden Horsecourse(The) Huntington'sDiseaseAssociation inspireFoundation InternationalCareNetwork IslandCommunityAction JubileeSailingTrust TheKeepMilitaryMuseum KoestlerTrust Lewis-ManningHospice LifeEducationWessex ListeningBooks Livability LiveMusicNow LivingPaintings LymeRegisDevelopmentTrust LymeRegisPhilpotMuseumTrust MacDougallTrust MacmillanCancerSupport MagdalenEnvironmentalTrust MarineConservationSociety MARSTrust(The) MedicalAidforPalestinians MichaelsLimited Monty’sCommunityHub MOSAIC MyTime NewForestBikeProject OmbetjaYehingaOrganisationTrust PACETrust(The) PathwaysforAllPeople	£ 268,000 - - 5,000 - - - - 5,000 10,000 5,000 - 5,000 10,000 - 10,000 15,000 - 5,000 - 5,000 20,000 5,000 5,000 10,000 5,000 5,000 5,000 - 20,000 - - - 5,000 10,000 10,000 10,000 15,000 10,000 - - 5,000 15,000	£ 456,000 15,000 5,000 - 4,000 5,000 5,000 15,000 - 10,000 = 5,000 5,000 10,000 5,000 10,000 15,000 3,000 5,000 5,000 10,000 30,000 5,000 5,000 10,000 - 5,000 5,000 10,000 20,000 6,000 8,000 5,000 10,000 15,000 - 10,000 15,000 10,000 5,000 10,000 - 10,000
	Carriedforward	498,000	782,000

3	Grantsawardedintheyear(continued)
			2021	2020
	Brought forward PeopleFirstForum ThePhoenixProject(IOW) PooleCommunitiesTrust PooleMuseumFoundation PooleTownPastors PoolWatersportsLibraryCIC PramaCare PramalLIFE PrisonersAbroad PurbeckStrings PurbeckYouth& CommunityFoundation React ReadEasy Recoop Revitalise(formerlyVitalise) RNLI RoaldDahl’sMarvellousChildren’sCharity RoutestoRoots RoyalAgriculturalBenevolentInstitute SafeandSoundDorset SA-Yes SafePartnershipLimited Safewise SalisburyHospiceCharity TheSamaritansofDorset Schoolreaders Second Chance Sedcat SheilingSpecialEducationTrust(The) ShineProject SMILEConnect SpringheadTrust StJohnofJerusalemEyeHospital StableFamilyHomeTrust StormbreakCIO Swanage& PurbeckDevelopmentTrust SWOopP TallShipsYouthTrust TolpuddleOldChapel!Trust Training& LearningCompany(The) TruthBeTold UKSailingAcademy WessexCancerTrust		£ 498,000 7,000 - - 10,000 - 7,500 - 15,000 5,000 - - 3,500 - 6,000 - - 5,000 - 5,000 5,000 5,000 - 15,000 5,000 10,000 5,000 - - - 10,000 2,000 10,000 10,000 - - 1,000 - 10,000 - - 5,000 - 5,000	£ 782,000 10,000 5,000 25,000 10,000 1,500 - 5,000 15,000 5,000 500 5,000 3,500 5,000 5,000 10,000 5,000 5,000 10,000 - - 5,000 - - 5,000 - 5,000 20,000 5,000 4,000 - 6,000 5,000 15,000 10,000 10,000 1,000 20,000 10,000 10,000 4,000 - 10,000 -
	Carriedforward	.	660,000	1,052,500

	3	Grantsawardedintheyear(continued)
				2021	2020
		Broughtforward WessexHeritageTrust WessexMuseumTrust TheWheelyboatTrust WheelsforFreedom Whizz-Kidz WorldMedicalFundforChildren WimborneCommunityTheatre YeovilHospitalCharity YMCA(Bournemouth) YoungDorset YouthActionGroup YouthResourceServices		£ 12,000 5,000 - 7,500 - 5,000 1,000 - 10,000 10,000 - -	£ 1,052,500 - - 5,000 7,500 4,000 5,000 - 10,000 15,000 10,000 6,000 10,000
				710,500	1,125,000
4		SupportCosts
			Note	2021	2020
		Administrativecosts Bankauditfeeletter Professionalfees Governancecosts	5	£ 31,280 30 - 10,187	£ 41,744 30 - 9,707
				41,497	51,481
5		Governancecosts
				2021	2020
				£	£
		Auditandadvisoryfees Trustees’indemnityinsurance		8,880 1,307	8,400 1,307
				10,187	9,707

		Freehold
		landandbuildings
Cost:		£
Asat1 October2020 Disposals Additions		1,059,058 - -
Asat30September2021		1,059,058
	=	—

vestments
		2021		2020
Listedshareportfolio		£		£
Marketvalueasat1 October2020 Additions Disposalproceeds Realisedgains/(losses)ondisposal Unrealisedgains/{losses)onrevaluation		31,471,891 4,100,650 (4,289,721) 502,056 5,111,506		33,632,768 7,221,055 (6,611,489) (715,938) (2,054,505)
Marketvalueasat30September2021		36,896,382		31,471,891
	a	rrr: come	=

	2021	2020
	£	£
Originalcostasat30September2021	27,390,707	26,882,033
Analysisoflistedinvestments
	2021	2020
	£	£
Fixedinterestsecurities Unittrusts Equityshares Other	5,230,561 21,176,538 7,709,276 2,780,007	5,363,315 6,607,137 16,471,464 3,029,975
	36,896,382	31,471,891
	ens

		2021		2020
	Market			Market
		Value		Value
		£		£
TreasuryStock2.5%IndexLinked2024		-		270,773
L&GGlobalInflationLinkedBondIndexC ACC	640,200			610,200
	SE		Be	SEE

	2021	2020
	£	£
Socialinvestmentfunding Prepaymentsandaccruedincome	412,500 46,179	412,500 45,198
	458,679	457,698

				2021	2020
				£	£
Amountsfallingduewithinoneyear:
Accruals				44,316	44,114
				44,316	44,114
Unrestrictedfunds
	Balances 1October 2020 £	Incoming resources £	Resources expended £	Gainon investments £	Balances 30September 2021 £
Capitalfund incomefund	33,885,833 (38,385)	- 986,127	55,078 807,075	5,613,562 -	39,444,317 140,667
	33,847,448	986,127	862,153	5,613,562	39,584,984

		2021	2020
		£	£
Oneoffpledges		55,000	65,000
	me

	Unrestricted	Unrestricted	Unrestricted
	capital	income	funds
	fund	fund	total
	2020	2020	2020
	£	£	£
INCOME
Investmentincome	-	909,448	909,448
Otherincome	-
Totalincome	)	909,448	909,448
EXPENDITURE
Charitableactivities
Grantsawardedintheyear Supportcosts	- -	1,125,000 51,481	1,125,000 51,481
Costofraisingfunds
Investmentmanagementfees (excludingcommissions)	53,344	53,344	106,688
Totalexpenditure	53,344	1,229,825	1,283,169
Realisedlossoninvestmentassets	(715,938)	-	(715,938)
Unrealisedlossoninvestmentassets	(2,054,505)	-	(2,054,505)
Netmovementinfunds	(2,823,787)	(320,377)	(3,144,164)
Fundbalancesbrought forward	36,709,620	281,992	36,991,612
Fundbalancescarriedforward	33,885,833	(38,385)	33,847,448