## |CONTENTS||||Page| |---|---|---|---|---| |Report ofthe|Trustee|||1-4| |independent|auditors'|report||5-8| |Statement of|financial|activities||| |Balance sheet||||10| |Statement of|Cash Flow|||| |Notes to the financial||statements||12 —18| |Appendix
A||||| |Reference and Administrative|||information|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---| |||Note|Fund|Fund|Fund|2020/21|20/9/20| ||||||||6| |Income snd endowments|from:||||||| |Donations
and legacies|||3,500|||3,500|3.500| |lnvesiments|||628,062||||| |Total|||631,562|||631,562|655,7/4| |Expenditure
an:|||||||| |Cbantabte
activities||4,5|631,062|||631,062|6552/4| |Total|||631,062|||631,062|655,2/4| |Net investment
(losses)/gains|||||2,166,055|2,166,055|(275348/| |Net income /expenditure|||500||2,166,055|2,166,555|(274.848)| |Transfer
between
funds||6|(500)|500|||| |Net movement
in funds||||500|2,166,055|2,166,555|(274,848/| |Balances at 1 August||||17,147|20,750,508|20,767,655|2/, 042,503| |Balances at 31July||||I7,647|22,916,563|22,934,210|20,767,655| ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |Cash flow from operating activities:|||||| |Net cash provided
by operating
activflies|||CFI|(641,887)|(397,515)| |Cash flow from investing
activitiest|||||| |Dividends,
interest
and rent from investments||||627,986|| |Proceeds from the sale ofinvestments|||||| |Purchase ofinvestments|||||| |Net cash provided
by investing
activities||||13,901)|397,515)| |Changes
in cash and cash equivalents|in the year||||| |Cash and cash equivalents
at I August|||CF2|169,341|566,858| |Cash and cash equivalents
at 31 July|||CF2|155,440|169,341| |CFI Reconciliation
ofnet income/expenditure||to net cash flow from operating||activities|| |||||2021|2020| |Net income/expenditure||||2,175,298|(274,848)| |Adjustments
for:|||||| |Losses/(gains)
on investments|||(2,174,798)||275,348| |Dividends
income and rents from investments||||(627,986)|| |(increase)/decrease
in debtors|||||| |Increase/(decrease)
in creditors||||14,401)|398 017)| |Net casit provided
by operating
activities||||641,887)|397,515)| |CF2 Analysis ofcash and cash equivalents|||||| |||||2021|2020| |Cash in hand||||155,440|I69,341| |Notice deposits
(Iess than 3months)|||||| |Total cash and cash equivalents||||155,440|169,341| |Analysis ofchanges in net debt|||||| ||At start|ofyear|Cash flows||At end ofyear| |Cash||169,341|(13,901)||155,440| ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Donations|||||||| |---|---|---|---|---|---|---|---|---| ||||||||Total|Total| ||||||||2020/21|2019/20| ||Donation|from The Drapers'||Company|||3,500|3,500| ||||||||2019/20|2018/19| ||Donation|from The Drapers'||Company|||3,500|4,000| |3|Investment|income||||||| ||||||Unrestricted|Endowment|Total|Total| ||||||Funds|Fund|2020/21|2019/20| ||Dividends|receivable from:||||||| ||The Drapers'||Charities Pooling||627,986||627,986|627,986| ||Scheme|||||||| ||Bank interest||receivable||76||76|3, 722| ||Other income|||||||20,506| ||||||628,062||628,062|652,214| ||||||Unrestricted|Endowment|Total|Total| ||||||Funds|Fund|2019/20|ZO/8//9| ||Dividends|receivable from:||||||| ||The Drapers'||Charities Pooling||627,986||627,986|627,986| ||Scheme|||||||| ||Bank interest||receivable||3,722||3,722|3,187| ||Other income||||20,506||20,506|| ||||||652,214||652,214|631,173| ## ## ||||||||Total|Total| |---|---|---|---|---|---|---|---|---| ||||||||2020/21|2019/20| |Grants from||unrestricted||funds:||||| |The Thomas||Howell's|Education||Fund for North Wales||302,782|3/4,327| |Girls' Day School Trust for||||the benefit ofHowell 's School, Llanda ff|||323,495|336,440| |Support Costs||||||||| |Management||Costs:|Administration||||861|835| ||||Office||||424|362| ||||Administration||||861|835| |||Ofhce|||||424|362| |Governance||costs (see Note 5)|||||2 215|2,053| ||||||||631,062|655,214| |Charitable|activities:||Governance|||and staff costs||| ||||||||Total|Total| ||||||||2020/21|2019/20| |Administration||costs|||||432|4/7| |OAice costs|||||||211|181| |Audit fees|||||||1,572|1,455| ||||||||2,215|2,053| ## |Funds|||||||| |---|---|---|---|---|---|---|---| |||||Movements|ofFunds||| |||Balance|Incoming|Resources||Gains/|Balance| |||01.08.20|resources|expended|Transfers|Bosses)|31.07.21| |Capital|I uuds:||||||| |Permanent|||||||| |Endowment||20,750,50B||||2,166,055|22,916,563| |||20,750,50B||||2,166,055|22,916,563| |Income|Funds:||||||| |Portion|uud|17,147|||500||17,647| |Endowment|||||||| |Fund|||||||| |Uutestncted|||631,562|(631,062)|(500)||| |I'uuds|||||||| |Total Funds||20,767,655|631,562|(631,062)||2,166,055|22,934,210| ## ## ## ||||Movements|ofFunds||| |---|---|---|---|---|---|---| ||Balance|Incoming|Resources||Gains/|Balance| ||01.08.19|resources|expended|Transfers|(losses)|31.07.20| ||||||8|8| |Capital Funds:||||||| |Permanent||||||| |Endowment|21,025,856||||(275,348)|20,750,508| ||21,025,856||||(275,348)|20,750,508| |Income Funds:||||||| |Pornca aad|16,647|||500||17,147| |Endowment||||||| |Fund||||||| |Unrestricted||635208|(634,708)|(500)||| |Funds||||||| |Total Funds|21,042,503|635,208|(634,708)||(275,348)|20,767,655| |Investments||||| |---|---|---|---|---| |||2020/21||20/9/20| |||0||| |||Pooling|Total|Total| |||Scheme|2020/21|20/9720| |Market value at 1 August||20,750,508|20,750,508|2/,025 856| |Acquisitions||||| |Disposals||||| |Net investment|(losses)/gains|2,166,055|2,166,055|/275,348/| |Market value at 31 July||22,916,563|22,916,563|20,750,508| |Historical
cost|at 31 July|9,830,832|9,830,832|9,830,832| ## ## |8|Analysis oftotal net|Analysis oftotal net|assets|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||Unrestricted||Restricted|||Kndowmen|t|Total|Torol| |||||Fund|||Fund||Funds||3f07.21f|31.07.20f| ||The Drapers'|Charities|||||||22,916563||22,916/63|20 750,508| ||Pooling Scheme|||||||||||| ||Net current|assets||||||17,647|||17,647|17,147| |||||||||17,647|22,916563||22,934,210|20,767655| |||||Unrestricted||Restricted|||Kndowment||Total|Tolol| |||||Fund|||Fund||Funds||3107.20|31.07.19f| ||The Drapers'|Charities|||||||20,750,508||20,750,508|2l,025, 856'| ||Pooling Scheme|||||||||||| ||Net current|assets||||||17,147|||17,147|16;647| |||||||||i7,147|20,750508||20,767,655|21,042,503| |9|Debtors|||||||||||| ||||||||||||31fl7.21|31.07.20| ||Accrued income|||||||||||| |10|Creditors:|Amounts|falling|due within one year||||||||| ||||||||||||31.07.21|31.07.20| ||Amount
due to The Thomas|||Howell's|Education||Fund for|||||| ||North Wales
Amount
due to Girls ' Day Schoo I Trust on behalf|||||||of|||62,082|85,383| ||Howell's|School, Llandaff|||||||||74,195|65,383| ||Sundry Creditors||||||||||1,515|1,428| ||||||||||||137,793|152,194| ## ## ## ## |13|Prior year SOFA||||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total| |||Fund|Fund|Fund|2019/20| |||||8|| |I)onanons|and legames|3,500|||3,500| |Investments||652 214|||652,214| |Total||655,714|||655,714| |Kxpenditure
on:|||||| |Cbantable|acnvines||||655,214| |Total||655,214|||655,214| |Net investment
(losses)/gains||||(275,348)|(275,348)| |Net income
/ expenditure||500||(275,348)|(274,848)| |Transfer|between
funds|(500)|500||| |Net movement
in funds|||500|(275,348)|(2'/4, 848)| |Balances|at I August||16,647,|21,025,856|21,042,503| |Balances|at 31July||17,147|20,750,708|20,767,655|