2020-12-31-accounts - The Harebell Centenary Fund

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Trustees'	annual report
Independent examiner's report
Statement	offinancial activities
Balance sheet
Notes to	the Bnancial statements
Appendix:	Investment portfolio
(not filed	with the Charity Commission)

Reference	and administrative	and administrative	and administrative
Registered	Charity	number		1003552
Trustees				Mr M I A Goodbody
				Ms P J Chapman
				Mrs A R Fossick
Principal oliice				BDBPitmans LLP
				One Bartholomew	Close
				London
				ECIA 7BL
Administrator				Ms PJ Chapman
Independent	Examiner			Steven Wakefreld	ACA
				22 Chancery Lane
				London
				WC2A I LS
Investment	advisers	and	bankers	Rathbone Investment		Management	Ltd
				I Curzon Street
				London
				WIJ SFB
Solicitors				BDBPitmans LLP
				One Bartholomew	Close
				London
				ECIA 7BL
Signed on the Trustees'			behalf by

					Unrestricted	Expendable
					income	endowment	2020	2019
				Note	fund	fund	Total	Total
					f.			6
Income and endowments	from:
Investments:
Income from listed securities					210,248		210,248	282,414
Interest on cash deposits							444	2,/27
Total income and endowments					210,692		210,692	284,541
Expenditure on:
Raising funds:
Investment manay. ment fees
(all charged to expendable endowment			fund)			43,958	43,958	45,368
Charnab/e acdv/des:
Grants made				3	208,500		208,500	266,400
Governance costs				2	12,652	12,652	25,304	26,941
Total expenditure					221,152	56,610	277,762	338,709
Net expenditure before
Investment gains and losses					(10,460)	(56,610)	(67,070)	(54,168)
Net gains on investments
(all charged to expendable endowment			fund)			202,360	202,360	727,435
Net losses on foreign exchange						(41)	(41)
Net (expenditure)/income					(10,460)	145,709	135,249	673,267
Net movement in funds					(10,460)	145,709	135,249	673,267
Reconciliation ofFunds
Fund balances brought forward	at	I January 2020			48,158	7,769,747	7,817,905	7,/44,638
Fund balances carried forward		at
31 December 2020 (page 9)					37,698	7,915,456	7953,154	78/7,905

			Note	2020	2019
					6
Fixed assets
Investments:
Quoted investments	at	market value	4	7,928,151	7,799,335
Current assets
Debtors				8,942	12,377
Cash				39,004	44,318
Total current assets				47,946	56,695
Current liabilities
Creditors: amounts	hlling due within one year		7	(22,943)	(38,125)
Net current assets				25,003	18,570
Total net assets				7,953,154	7,817,905
Total Charity Funds:
Unrestricted Funds:
Unrestricted income	fund (page 8)		10	37,698	48,158
Expendable endowment		fund (page 8)	10	7,915,456	7,769,747
				7,953,154	7817,905

					2020	2019
						8
Fixed assets
Invescmencs:
Quoted invesunencs	ac	market value			7,928,151	7„799„335
Current assets
Debtors					8.942	12377
Cash					39,004	44318
Total c;urrent assets					47,946	56,695
Current liabilities
Creditors. " acnounu	faging due within		one year	7	(22,943)	(38,12$)
Net current assets					25,003	18,570
Total net assets					7,953,154	7,817,905
Total Charity Funds.'
Unrestricted Funds:
Unrescricced inrome	fund (page 8)			10	37,698	48,158
Expendable endowment		fund (page 8)		10	7,915,456	7,769,747
					7,953,154	7817905

					Note	2020	2019
						r	6
Fixed assets
Investmcc: Quoted investments	at	market	value		4	7,928,151	7,799,335
Current assets
weorors Cash						8,942 39,004	I2,377 44,3/8
Total current assets						47,946	56,695
Current liabilities
Creditors: amounts falling due			w/th/n	one year	7	(22,943)	(38,/25,'
Net current assets						25,003	I8,570
Total net assets						7,953,154	7,8/ 7,905
Total Charity Funds:
Unrestricted Funds:
Unrescricted income fund (page 8) Expendable endowment fund (page				8)	10 10	37,698 7,915,456	48,/58 7,769,747
						7,953,154	7,8/7,905

			Unrestricted	Expendable		Unmstricted	Expendable
			income	endowment	Total	income	endowment	Total
			fund	fund	2020	fund	fund	2019
						6
Administration	fees		8,793	8,794	17,587	7,976	7,976	/5,952
Accountancy fees			1,250	1,250	2,500	1,250	/,250	2,500
Independent examiner		fees	500	500	1,000
Audit fees						2,000	2,000	4,000
VAT			2,109	2,108	4,2/ 7	2,245	2,244	4,489
			12,652	12,652	25,304	/3,47I	/3,470	26,941
3. Grants	made
			Unrestricted	Expendable		Unrestricted	Expendable
			income	endowment	Total	income	endowment	Total
			fund	fund	2020	fund	fund	2019
			E	6	6	6	6
Alzheimer's Research		UK	10,000		10,000	/0,000		/0,000
Amber Trust			10,000		10,000	/0,000		/0,000
Ambitious About Autism			10,000		10,000	/0,000		/0,000
B/oodwise			10,000		10,000	/0,000		/0,000
Brain Tumour Support						/0,000		/0,000
Brighter Opportunities		for
Special People						9,400		9,400
Canine Partners						10,000		10,000
Carers Trust			10,000		10,000	10,000		/0,000
Crathie School			5,500		5,500	4,000		4,000
DEMAND						10,000		/0,000
Encephalitis Society						5,000		5,000
Carried forward			55,500		55,500	98,400		98,400

			Unrestricted	Unrestricted	Expendable	Expendable			Unrestricted	Unrestricted	Expendable
				income	endowment			Total	income		endowment	Total
				fund		fund		2020	fund		fund	2019
				6			6			6	6	6
Brought forward				55,500				55,500	98,400			98,400
Ferriers Barn				10,000				10,000	/0,	000		/0,000
Grandparents Plus				10,000				10,000
Headway Essex				10,000				10,000	10,000			/0,000
Helen & Douglas House Hospice				10,000				10,000
Hot Lines Mea/s Service (London)				5,000				5,000
Listening Books				10,000				10,000
Look UK									/0,	000		/0,000
Meningitis Now									/0,	000		/0,000
Motor Neurone Disease Associatio				n					/0,	000		/0,000
Nordo/f Robins Musi«Therapy				10,000				10,000	I0,000			/0,000
Not Forgotten Association									I0,000			/0,000
On Course Foundation									I0,000			/0,000
PACE									/0,	000		/0,000
Parkinson's UK				10,000				10,000	/0,	000		/0,000
Shrine UK				10,000				10,000
SSAFA				10,000				10,000
St Helena Hospice				10,000				10,000	/0,	000		I0,000
Starlight Children's Foundation				10,000				10,000
Strongbones Children'	s
Charitable Trust									/0,	000		I0,000
Success After Stroke				10,000				10,000	10,000			I0,000
Ta/itha Arts				8,000				8,000	8,000			8,000
The Dews Hall Trust				10,000				10,000	I0,000			/0,000
The Macular Society									/0,	000		/0,000
The Tabor Centre				10,000				10,000	/0,	000		/0,000
Total				208,500				208,500	266,400			266,400
A/I grants were made	to institutions,			with no	restrictions	attached		and are	to be used	by the Trust to meet		its general
ob)ectives.
4. Fixed asset investments											2020	2019
											6	f.
Listed investments
Market value at I January											7,277,739	7,054,4/9
Acquisitions at cost											1,537,968	2,032,605
Proceeds of disposa/s											(1,459,260)	(2,536,853)
Bookcost revaluation												l33
Net realised and unrea/ised		gains
in the year to 31 December											202,360	727,435
Market value at 31 December											7,558,807	7277,739
Cash and sett/ements	pending,		held	as part of	the investment		portfolio				369,344	52I,596
											7,928,151	7,799,335

The Trustees set 5%of pe investments.	The Trustees set 5%of pe investments.	The Trustees set 5%of pe investments.	The Trustees set 5%of pe investments.	rio	d-end market value ofthe inve	d-end market value ofthe inve	d-end market value ofthe inve	stment port	folio as the thr	eshold for reportin	g material
The following shareholdings					or investments are considered			individually	to be material	with the market	values and
proportion	ofthe portfolio			shown		as at	31 December 2020:
										Market Percentage of
Holding										Value	portfolio
Mayfair Capital Investment				Management			Trust for Charities			514,243	6.80
Vanguard	Investments									507,508	6.71
5. Debtors										2020	2019
										6	6
Accrued income										1,895	2,329
Inter Fund	Debtor									7,047	l0,048
										8,942	l2,377
6. Cash										2020	2019
										6
Cash held	with investment			manager		—income accounts				39,004	44,3I8
										39,004	44,3I8
7. Creditona		amounts			falling due within one year					2020	2019
										E	E
Other creditors and accruals
Legal fees										696	9,277
Accountancy fees										4,200	7,800
Investment	management		fees							11,000	II,OOO
Inter Fund	Creditor									7,047	IO,O48
										22,943	38,I25

10.	Unrestricted	funds	funds	Funds				Funds
				brought	Incoming	Outgoing		oersted
				forward	resources	resources	Gains	forward
				6	6	6		E
Unrestricted	income	fund		48,158	210,692	(221,152)		37,698
Expendable	endowment		fund	7,769,747		(56,610)	202,319	7,915,456
				7,817,905	210,679	(277,762)	202,319	7,953,154

II. Analysis oftotal	II. Analysis oftotal	II. Analysis oftotal	II. Analysis oftotal	net assets between	funds	Unrestricted	Expendable
						income	endowment	Total
						fund	fund	2020
						6	6	IE
Funds as at 31			December	2020
are represented			by:
Investments		at	market value				7,928,151	7,928,151
Debtors						8,942		8,942
Cash at	bank					39,004		39,004
Creditors						(10,248)	(12,695)	(22,943)
						37,698	7,915,456	7,953,154
12.	Financial instruments						2020	2019
							6	E
Financial	assets		measured	at fair value through	income and expenditure		7,928,151	7,779,335
							7,976,097	7,836,030

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