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|||Page|
|---|---|---|
|Trustees'<br>report||1-2|
|Statement oftrustees'|responsibilities||
|Independent<br>auditor's|report|4-7|
|Statement offinancial|activities|9-9|
|Sslance sheet||10|
|Notes to the financial|statements|11-17|





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|Current financial|Current financial|year||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|funds|||
|||||2021|2021|2021|2020|
||||Notes|6|8|8|6|
|Investmenis||||363,673||363,673|421,871|
|Raising funds|||||108,484|108,484|84,668|
|Charitable<br>activities|||5|128.900||128,900|164,169|
|Other|||10|15,108||15,108|8,624|
|Total resources|expended|||144,008|108,484|252,492|257,461|
|Nel gains/{losses)||on investments|||3,760,396|3,760,396|{2,576,029)|
|Net movement|in|funds||219,665|3,651,912|3,871,577|{2,411,619)|
|Fund balances|at 6April 2020|||2,604,363|13,088,928|15,693,291|18,104,910|
|Fund balances|at|5April 2021||2,824,028|16,740,840|19,564,868|15,693,291|





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|||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|
|||||funds|funds||
|||||2020|2020|2020|
||||Notes|8|6|6|
|Investments|||3|421,871||421,871|
|Raising funds|||||84,668|84,668|
|Charitable<br>activities||||164,169||164,169|
|Other|||10|8,624||8,624|
|Total resources||expended||172,793|84,668|257,461|
|Net gains/(losses)||on investments|||(2,576,029)|(2,576,029)|
|Net movement|in funds|||249,078|(2,660,697)|(2,411,619)|
|Fund balances|at|6April 2019||2,355,285|15,749,625|18,104,910|
|Fund balances|st5April 2020|||2,604,363|13,088,928|15,693,29'I|





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||||||Unrestricted|Unrestricled|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021|2020|
||||||f||
|Dividends|from UK equities||&|unit trusts|200,704|213,234|
|Dividends|from listed overseas|||equities|102,991|114,216|
|Bank and|other intererst||||18,883|32,519|
|Grass UT|Interest||||41,095|61,902|
||||||363,673|421,871|
|Raising funds|||||||
||||||Endowment|Endowment|
||||||funds|funds|
||||||general|general|
||||||2021f|2020<br>f|
|Investmenl|management|costs|||108,484|84,668|
||||||108,484|84,668|



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|||||2021|2020|
|---|---|---|---|---|---|
|||||f|f|
|Grant|funding|ofactivities (see note 6)||123,460|158,700|
|Share|ofsupport costs (see note 7)|||40|69|
|Share|ofgovernance||costs (see note 7)|5,400|5,400|
|||||128,900|164,169|



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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021|Support|Governance|2020|
|||costs|costsf|f|costs|costs<br>f|f|
|Bank charges||40||40|69||69|
|Audit fees|||5,400|5,400||5,400|5,400|
|||40|5,400|5,440|69|5,400|5,469|
|Analysed|between|||||||
|Charitable|activities|40|5,400|5,440|69|5,400|5,469|



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||The average|The average|monthly|monthly|number ofemployees|dudng|the year was:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||Number|Number|
||Total|||||||||
|10|Other|||||||||
|||||||||Unrestricted|Unrestricted|
|||||||||funds|funds|
|||||||||2021|2020|
|||||||||5||
||Foreign exchange|||costs||||'I5,108|8,624|
|11|Net gains/(losses)|||on Investmenfs||||||
|||||||||Endowment|Endowment|
|||||||||funds|funds|
|||||||||general|general|
|||||||||2021|2020|
|||||||||5|5|
||Revaluation||ofinvestments|||||4,205,324|(2,840,656)|
||Gain/(/oss)|on sale||of|investments|||(444,928)|264,627|
|||||||||3,760,396|(2,576,029)|





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|Fixed ass|et investments||||
|---|---|---|---|---|
|||||Listed|
|||||invesbnents|
|||||6|
|Cost or valuation|||||
|At 6April|2020|||13,234,655|
|Additions||||2,961,286|
|Valuation|changes|||3,760,396|
|Disposels||||(1,719,497)|
|At 5 April|2021|||18,236,540|
|Carrying|amount||||
|At 05April|2021|||18,236,840|
|Ai05April|2020|||13,234,655|
||||2021|2020|
||||6|5|
|Investments<br>at fair value||comprise:|||
|Listed UK|Equities 5 unii|trusts|6,109,698|4,720,135|
|Listed overseas<br>equities|||7,035,125|4,289,231|
|Listed UK|fixed interest stocks||3,964,215|3,098,553|
|Multi asset hedge/properly||funds|568.333|603,222|
|Overseas|fixed interest stocks||559,468|523,514|
||||18,236,840|13,234,655|



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|Debtors||||||
|---|---|---|---|---|---|
|||||2021|2020|
|Amounts|falling||due within one year:|9|9|
|Prepayments||and|accrued income||1,271|





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|14|Loans snd overdrafts|Loans snd overdrafts|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2D2D|
||||||||||2|6|
||Bank overdraRs|||||||||26,493|
||Payable<br>within one year|||||||||26,493|
|15|Creditors: amounts|faDing due||within|one year||||||
|||||||Notes|||2021<br>6|2020f|
||Bank overdraits||||||14|||26,493|
||Accruals and deferred|income|||||||10,800|5,399|
||||||||||10,800|31,892|
|16|Analysis<br>ofnet assets||between|funds|||||||
||||Unrestrtcted||Expendable|Total|Unrestricted||Expendable|Total|
|||||funds|endowment|||funds|endowment||
||||||funds||||funds||
|||||2021|2021||||2020|2020|
|||||6|8||||5|2|
||Fund balances at5||||||||||
||April 2021 are||||||||||
||represented<br>by;||||||||||
||Investments||1,496,000||16,740,840|18,236,840||145,727|13,088,928|13,234,655|
||Current assetsl||||||||||
||(liabilities)||1,328,028|||1,328,028|2,456,636|||2,458,636|
||||2,824,028||16,740,840|19,564,868|2,604,363||13,088,928|15,693,291|