| PAGES | |||
|---|---|---|---|
| Trustees' | annual report |
1to3 | |
| Independent auditor's |
report to the members | 4to7 | |
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements | 10to 15 |
| REFERENC | E AND | ADMINISTR | ATIVE DETAILS |
ATIVE DETAILS |
ATIVE DETAILS |
||
|---|---|---|---|---|---|---|---|
| Registered | charity | name | Margaret Giffen Charitable |
Trust | |||
| Charity registration | number | 1022838 | |||||
| Principal office | c/o Toilers Solicitors | ||||||
| 2 Exchange | Court | ||||||
| Cottingham | Road | ||||||
| Corby | |||||||
| Northamptonshire | |||||||
| NN17 1TY | |||||||
| THE TRUSTEES | |||||||
| Mr BC Rogers | |||||||
| Mr J Butt | |||||||
| Mrs A Maris | |||||||
| Mrs A Park | |||||||
| AUDITOR | Meadows 8 | Co Limited | |||||
| Chartered accountants |
8 | statutory | auditor | ||||
| Headlands | House | ||||||
| 1 Kings Court | |||||||
| Kettering Parkway |
|||||||
| Kettering | |||||||
| NN15 6WJ |
| 2021 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||
| funds | Total funds | Total funds | ||||||
| Note | f | |||||||
| Income and | endowments | |||||||
| Investment | income | 96,993 | 96,993 | 129,120 | ||||
| Total income | 96,993 | 96,993 | 129,120 | |||||
| Expenditure | ||||||||
| Expenditure | on charitable | activities | 5,6 | (814,590) | (814,590) | (966,204) | ||
| Total expenditure | (814,590) | (814,590) | (966,204) | |||||
| Net gains/(losses) | on investments | 8 | 395,778 | 395,778 | (19,321) | |||
| Net expenditure and net |
movement | in funds | (321,819) | (321,819) | (856,405) | |||
| Reconciliation of |
funds | |||||||
| Total funds | brought | forward | 3,128,292 | 3,128,292 | 3,984,697 | |||
| Total funds | carried forward | 2,806,473 | 2,806,473 | 3,128,292 |
| STATE | MENT | OF FINANCIAL P |
OSITION | ||||
|---|---|---|---|---|---|---|---|
| 31 | MARCH 2021 | ||||||
| 2021 | 2020 | ||||||
| Note | |||||||
| FIXEDASSETS | |||||||
| Investments | 12 | 2,763,636 | 3,126,382 | ||||
| CURRENT ASSETS | |||||||
| Cash at bank and | in hand | 47,037 | 8,910 | ||||
| CREDITORS: amounts | falling due | ||||||
| within one year | 13 | 4,200 | 7,000 | ||||
| NET CURRENT ASSETS | 42,837 | 1,910 | |||||
| TOTAL ASSETS | LESS | CURRENT | |||||
| LIABILITIES | 2,806,473 | 3,128,292 | |||||
| NET ASSETS | 2,806,473 | 3,128,292 | |||||
| FUNDS OF THE CHARITY | |||||||
| Unrestricted funds |
2,806,473 | 3,128,292 | |||||
| Total charity funds | 14 | 2,806,473 | 3,128,292 |
| NVESTMENT INCOME | |||||
|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | ||
| F | |||||
| income from listed investments | 96,903 | 96,903 | 128,914 | 128,914 | |
| Bank interest receivable | 90 | 90 | 206 | 206 | |
| 96,993 | 96,993 | 129,120 | 129,120 | ||
| EXPENDITURE ON CHARITABLE | ACTIVITIES BYFUND | TYPE | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| E | F | F | |||
| Donations | 793,799 | 793,799 | 936,799 | 936,799 | |
| Support costs | 20,791 | 20,791 | 29,405 | 29,405 | |
| 814,590 | 814,590 | 966,204 | 966,204 |
| EXPENDITU | RE ON CHARITA | BLE ACTIVITIES BYACT | IVITY TYP | E | |
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2021 | 2020 | ||
| F | |||||
| Donations | 793,799 | 793,799 | 936,799 | ||
| Governance | costs | 20,791 | 20,791 | 29,405 | |
| 793,799 | 20,791 | 814,590 | 966,204 |
| ANALYSIS | OF SUPPORT COSTS | |||
|---|---|---|---|---|
| General | Total 2021 | Total 2020 | ||
| f. | ||||
| Finance costs | 517 | 517 | 312 | |
| Governance | costs | 20,274 | 20,274 | 29,093 |
| 20,791 | 20,791 | 29,405 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||||
| Unrealised | gains (losses) | on | ||||||
| revaluation | of | investment | assets | 171,761 | 171,761 | (476,850) | (476,850) | |
| Gains/(losses) | on investment | assets | 224,017 | 224,017 | 457,529 | 457,529 | ||
| 395,778 | 395,778 | (19,321) | (19,321) | |||||
| AUDITORS | REMUNERATION | |||||||
| 2021 | 2020 | |||||||
| f | ||||||||
| Fees payable | for the audit | of | the financial | statements | 2,100 | 2,620 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| f | ||||||
| Care and Repair (Northamptonshire) | Limited | 10,000 | 5,000 | |||
| Corby Cube Theatre Trust | 15,000 | |||||
| Fire Fighters Charity | 5,000 | 5,000 | ||||
| Walsingham care |
2,000 | |||||
| Asthma Relief |
5,000 | 5,000 | ||||
| Happy Days Childcare Charity |
5,000 | 5,000 | ||||
| Lakelands Day Care Hospice |
75,000 | 60,000 | ||||
| Hartpury College Charitable |
Trust | 100,000 | 200,000 | |||
| Kettering 8 District Samaritans | 10,000 | 10,000 | ||||
| Northamptonshire Association |
for Blind | 15,000 | 5,000 | |||
| Northamptonshire Carers |
35,000 | |||||
| Rossdales Beaufort Cottage |
Education Trust | 50,000 | 50,000 | |||
| Ride High | 10,000 | 10,000 | ||||
| The Air Ambulance Service |
20,000 | 25,000 | ||||
| Animal Health Trust |
100,500 | |||||
| Alzheimer's Research UK |
10,000 | 10,000 | ||||
| MacMillan Cancer Support | 25,000 | 20,000 | ||||
| Daylight Fellowship Centre |
10,000 | |||||
| Chailey Heritage Foundation |
25,000 | 26,500 | ||||
| Stroke Association | 152,299 | 127,299 | ||||
| Ebony Horse Club | 20,000 | 20,000 | ||||
| Marie Curie Cancer Care | 25,000 | 39,000 | ||||
| Motor Neurone Disease Association |
5,000 | 5,000 | ||||
| Shine | 15,000 | |||||
| The PSP Association | 2,000 | |||||
| Rock UK Adventure Centre |
Limited | 6,000 | ||||
| Home-Start Corby Limited |
5,000 | |||||
| The Prince's Trust | 5,000 | 5,000 | ||||
| Phoenix Furniture Kettering |
Limited | 5,000 | 5,000 | |||
| The Brooke Hospital for Animals | 10,000 | 10,000 | ||||
| BAS Breakwell Charitable Trust |
5,000 | 5,000 | ||||
| Kettering & District Riding for |
Disabled Association | 10,000 | ||||
| Northampton County Guides |
Association | 2,500 | ||||
| Pen Green Centre | 3,000 | 3,000 | ||||
| Deafblind UK |
3,000 | |||||
| SERVE | 2,500 | 2,500 | ||||
| CLIC Sargent Cancer Care | for Children | 10,000 | ||||
| Royal Voluntary Service |
2,000 | |||||
| The British Red Cross Society | 5,000 | |||||
| Alzheimer's Society |
25,000 | |||||
| The Voice That Makes A Difference | 5,000 | 5,000 | ||||
| Thomas's Fund |
5,000 | |||||
| East Northamptonshire Faith |
Group | 5,000 | ||||
| The Souster Youth Trust | 10,000 | |||||
| Northamptonshire Community |
Foundation | 25,000 | ||||
| Balance carried forward | 682,299 | 876,799 |
| 2020 | 2019 f |
||||||
|---|---|---|---|---|---|---|---|
| Balance brought forward |
682,299 | 876,799 | |||||
| The Teamwork Trust |
45,000 | ||||||
| Age UK Northampton | 3,000 | ||||||
| Vine Community Trust |
6,500 | ||||||
| Equata Limited |
10,000 | 20,000 | |||||
| Cransley Hospice Trust |
5,000 | ||||||
| Friars Academy | 5,000 | ||||||
| Life 2009 | 2,000 | 2,000 | |||||
| Action Medical Research | 5,000 | ||||||
| Hearing Dogs For Deaf | People | 3,000 | 3,000 | ||||
| Walking With The Wounded |
5,000 | 5,000 | |||||
| Momentum Children's |
Charity | 5,000 | 5,000 | ||||
| Kidney Research UK |
5,000 | 10,000 | |||||
| Crohn's and Colitis UK | 10,000 | ||||||
| Groundwork Northamptonshire |
5,000 | ||||||
| Northampton Saints Foundation |
5,000 | ||||||
| Northamptonshire Search and Rescue |
1,000 | ||||||
| Re-Solv | 5,000 | ||||||
| Rotary Club of Kettering | Charitable | Trust Fund | 1,000 | ||||
| 793,799 | 936,799 | ||||||
| 12. | INVESTMENTS | ||||||
| Cash or cash | Other | ||||||
| equivalents | investmentsf | Total | |||||
| Cost or valuation | |||||||
| At 1 April 2020 | 60,455 | 3,065,927 | 3,126,382 | ||||
| Additions | 636,926 | 636,926 | |||||
| Disposals | (1,110,983) | (1,110,983) | |||||
| Other movements | (60,451) | 171,762 | 111,311 | ||||
| At 31 March 2021 | 4 | 2,763,632 | 2,763,636 | ||||
| Carrying amount |
|||||||
| At 31 March 2021 | 4 | 2,763,632 | 2,763,636 | ||||
| At 31 March 2020 | 60,455 | 3,065,927 | 3,126,382 | ||||
| All investments shown |
above are | held at valuation. | |||||
| 13. | CREDITORS: amounts | falling due within one year | |||||
| 2021 | 2020 | ||||||
| Accruals and deferred | income | 4,200 | 7,000 |
| Unrestricted funds |
|||||
|---|---|---|---|---|---|
| At | Gains and | At | |||
| 1 April 2020 F |
Income | Expenditure f |
losses | 31 March 2021 P |
|
| General funds | 3,128,292 | 96,993 | (814,590) | 395,778 | 2,806,473 |
| At | Gains and | At | |||
| 1 April 2019 | Income | Expenditure E |
losses f |
31 March 2020 | |
| General funds | 3,984,697 | 129,120 | (966,204) | (19,321) | 3,128,292 |
| ANALYSIS OF NET ASSETS BETWEEN | FUNDS | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2021 | ||||
| f | |||||
| Fixed assets | 2,763,636 | 2,763,636 | |||
| Current assets | 47,037 | 47,037 | |||
| Creditors less than | 1 year | (4,200) | (4,200) | ||
| Net assets | 2,806,473 | 2,806,473 | |||
| Unrestricted | Total Funds | ||||
| Funds | 2020 | ||||
| F | E | ||||
| Fixed assets | 3,126,382 | 3,126,382 | |||
| Current assets | 8,910 | 8,910 | |||
| Creditors less than | 1 year | (7,000) | (7,000) | ||
| Net assets | 3,128,292 | 3,128,292 |