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|||Page|
|---|---|---|
|Legal and administrative|information||
|Report ofthe trustees||2-5|
|Report ofthe auditors||6-10|
|Statement ofFinancial|Activities||
|Statement ofFinancial|Position|12|
|Notes to the financial statements||13-17|
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|Trustees:|||F Kitsell —Chairman|F Kitsell —Chairman||
|---|---|---|---|---|---|
||||M Whale -Treasurer|||
||||G Jordan|||
||||S Lewis|||
||||L Connor|||
||||S England|||
||||A Green|||
||||K Lay|||
|Company|secretary:||F Kitsell|||
|Principal address||and||||
|Registered|Office:||Minerva
House|||
||||Tithe Barn Way|||
||||Swan Valley|||
||||Northampton|||
||||NN4 9BA|||
|Company|number:||02652861 (England||and Wales)|
|Charity registration||number:|1005738|||
|Bankers:|||HSBC pic|||
||||7Commercial|Street||
||||Halifax|||
||||West Yorkshire|||
||||HX1 1HN|||
||||Close Brothers|Limited||
||||10Crown Place|||
||||London|||
||||EC2A 4FT|||
|Investment|managers:||Newton
Investment||Management|
||||BNY Mellon Centre|||
||||160Queen Victoria||Street|
||||London|||
||||EC4V4LA|||
|Auditors:|||Hawsons
Chartered||Accountants|
||||Jubilee House|||
||||32 Duncan Close|||
||||Moulton Park|||
||||Northampton|||
||||NN3 6WL|||
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||||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|---|
|||||||Notes|Funds 2021|Funds 2020|
|Income:|||||||||
|Investment
Donations|income||||||189,032
500|155,683|
|Total income|||||||189,532|155,683|
|Expenditure:|||||||||
|Expenditure
on
Cost of raising|charitable
funds||activities||||6,864
9,622|279,408
13,446|
|Total expenditure|||||||16,486|292,854|
|Net
income/(expenditure)
investments||before||gains|on||173,046|(137,171)|
|Net gain/(loss)
on investments|||||||1,262,206|(42,473)|
|Net movement
in funds forthe year|||||||1,435,252|(179,644)|
|Total funds
brought|forward||||||7,809,457|7,989,101|
|Total funds carried|forward|||||10|9,244,709|7,809,457|
|There are no restricted funds||at|31|December||2021 (2020- anil).|||
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|||Registration|number: 02652861|number: 02652861|
|---|---|---|---|---|
|||Notes|2021|2020|
||||E|E|
|Fixed assets|||||
|Investments||7|9,175,223|7,913,017|
|Total fixed assets|||9,175,223|7,913,017|
|Current assets|||||
|Cash at bank and|in hand||210,739|196,172|
|Total current assets|||210,739|196,172|
|Liabilities|||||
|Creditors
falling due within one year|||141,253|299,732|
|Net current assets/(liabilities)|||69,486|(103,560)|
|Net assets|||9,244,709|7,809,457|
|The funds ofthe|charity:||||
|Unrestricted
income funds||10|9,244,709|7,809,457|
||||9,244,709|7,809,457|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||Dividends —Newton
Global Growth 8
Money Market Interest|||Income Fund||189,032|Z
155,463
220|
|||||||189,032|155,683|
|3.|Analysis|ofexpenditure
on charitable||activities||||
||Charitable|activities expenditure|comprises||grants Io:|||
|||||||2021|2020|
||Physio First (see note 11)
Grants to individuals|||||6,864|E
144,539
134,869|
|||||||6,864|279,408|
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|For|the year ended 31Decembe|r 2021|||||
|---|---|---|---|---|---|---|
|4|Analysis ofexpenditure||||||
||||Direct|Support|Total|Total|
||||costs|costs|2021|2020|
||||K|f|6||
||Expenditure
on charitable|activities|||||
||Physio First
Grants to individuals||6,864||6,864|144,539
134,869|
||||6,864||6,864|279,408|
||Cost of raising funds||||||
||Travel and subsistence|||540|540|587|
||Audit and accountancy
Management
charges
Sundries|||3,072
3,796
2,214|3,072
3,796
2,214|2,982
8,858
1,019|
|||||9,622|9,622|13,446|
||Total expenditure||6,864|9,622|16,486|292,854|
||Analysed
support costs consist ofthe following:||||||
||Management
costs
Administration
costs||||6,550
3,072|10,464
2,982|
||||||9,622|13,446|
||This is stated after charging:||||||
||Auditor's
remuneration||||3,072|2,982|
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|7.|Investments
at Market Value|Investments
at Market Value||||||
|---|---|---|---|---|---|---|---|
|||||||Quoted|Quoted|
|||||||Unrestricted|Unrestricted|
|||||||2021|2020|
||Market value at 1 January 2021
Net gains/(losses)
on revaluation|||||7,913,017
1,262,206|7,955,490
(42,473)|
||Market|value at 31 December 2021||||9,175,223|7,913,017|
|8.|Current|liabilities||||||
|||||||2021f|2020|
||Unpaid grants
Accruals —Legal &Professional|||||138,253
3,000|296,732
3,000|
|||||||141,253|299,732|
|9.|Analysis|ofcharitable
funds||||||
||Analysis|ofmovements
in unrestricted||funds||||
|||||||2021|2020|
|||||||F||
||Opening
members'
Unrestricted
Movement
in total funds for the||Funds
year|||7,809,457
1,435,252|7,989,101
(179,644)|
||Closing|members'
Unrestricted|Funds|||9,244,709|7,809,457|
||All net assets are held under the General|||Unrestricted|Fund.|||
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||||General|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|Funds|
||||K|||
|Non-current||assets|9,175,223||9,175,223|
|Current|assets||210,739||210,739|
|Current|liabilities||(141,253)||(141,253)|
||||9,244,709||9,244,709|
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