| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Report ofthe trustees | 3 —4 | ||
| Report ofthe independent | examiner | ||
| Statement offinancial activities | |||
| Balance sheet | |||
| Notes forming part ofthe | financial | statements | 8 —10 |
| Detailed statement offinancial activities |
| 2021 | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Total | |||||||
| Note | Capital | Income | Total | Funds | |||||
| INCOMING RESOURCES | |||||||||
| 2 | Legacy received Investment income |
41,658 | 41,658 | 25,859 49,425 |
|||||
| Total incoming resources |
41,658 | 41,658 | 75,284 | ||||||
| RESOURCES EXPENDED | |||||||||
| 3 4 |
Costs ofgenerating funds Charitable activities |
( | 9P60) | ( | 56,532) | ( ( |
9,260) 56,532) |
( ( |
8,828) 46,912) |
| Total resources expended |
9260) | ~56,532 | ) | 65 792) | 6 | 55,740) | |||
| NKT INCOMING RESOURCES | ( | 9,260) | ( | 14,874) | ( | 24,134) | 19,544 | ||
| OTHER RECOGNISED LOSSES Ec GAINS | |||||||||
| 7 | Gains/(losses)gains on investments |
488,081 | 488 081 | ( | 336,707) | ||||
| NKT MOVKMKNT IN FUNDS | 478,821 | ( | 14,874) | 463,947 | ( | 317,163) | |||
| Funds brought forward |
1,246,896 | 118,014 | 1,364,910 | 1,682,073 | |||||
| 10 | FUNDS CARRIED FORWARD | 1,725,717 | 103,140 | 1,828,857 | 1,364,910 |
| Balance She | et as at 5th A ri | l 2021 | ||||
|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | ||||
| FIXEDASSETS | ||||||
| 7 | Investments | 1,763,044 | 1477403 | |||
| CURRENT ASSETS | ||||||
| 8 | Debtors | 1,734 | 2,077 | |||
| Cash at bank | and on deposit | 69,235 | 9tl 371 | |||
| 70,969 | 92,448 | |||||
| CURRENT | LIABILITIES | |||||
| 9 | Creditors | ( | 5,156) | 4,741 | ||
| NET CURRENT ASSETS | 65,813 | 87,707 | ||||
| 10 | NKT ASSETS | 1,828,857 | 1,364,910 | |||
| FUNDS | ||||||
| 11 | Unrestricted | capital | 1,725,717 | 1746,896 | ||
| 11 | Unrestricted | income | 103,140 | 118,014 | ||
| 1,828,857 | 1,364,910 |
| Notes formin art of |
the financial statements for th |
e ear ended 5th A ril 2 |
021 | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| 2. | Investment income |
|||
| Dividends —UK and overseas equities | 33,673 | 43,008 | ||
| Dividends —UK unit trusts | 2,949 | 2,909 | ||
| Interest —UK and overseas fixed interest securities | 5,036 | 3,505 | ||
| Interest on cash deposits | 3 | |||
| 41,658 | 49,425 | |||
| 3. | Cost ofgenerating funds |
|||
| Investment management fees |
9460 | 8,828 | ||
| 4. | Charitable activities |
|||
| Grants paid: | ||||
| pupils at King Edward VI School pupil at StSwithen's School |
43,854 4,000 |
31,630 | ||
| Special needs and other grants | 5,378 | 12,016 | ||
| Governance (note 5) |
3,300 | 3,266 | ||
| 56,532 | 46,912 | |||
| 5. | Governance | |||
| Independent examiners fee |
1,250 | 1/12 | ||
| Accountancy and administration VAT |
fees | 1,583 467 |
1,595 459 |
|
| 3,300 | 3,266 |
| The trustees (2020:fNil) |
received no remuneration during the year. Mr NI |
received no remuneration during the year. Mr NI |
nor received any other benefits (2020:ENil) and no expenses were reimbursed Lapage was paid 6500(2020:f500)for the provision ofbookkeeping services. |
nor received any other benefits (2020:ENil) and no expenses were reimbursed Lapage was paid 6500(2020:f500)for the provision ofbookkeeping services. |
nor received any other benefits (2020:ENil) and no expenses were reimbursed Lapage was paid 6500(2020:f500)for the provision ofbookkeeping services. |
nor received any other benefits (2020:ENil) and no expenses were reimbursed Lapage was paid 6500(2020:f500)for the provision ofbookkeeping services. |
|
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| 7. | Investments | ||||||
| Market value at 6th April Acquisitions at cost Proceeds fiom disposals Gains/(losses) in the year |
( | 1,2777.03 38,989 41,229) 488,081 |
( ( |
1,603,230 83,533 72,853) 336,707) |
|||
| Market value | at 5th April | 1,763,044 | 1777,203 | ||||
| Historical cost at 5th April | 1,102,686 | 1,100,039 | |||||
| 8. | Debtors | ||||||
| Prepayments | and accrued income | 1,734 | 2,077 | ||||
| 9. | Creditors | ||||||
| Accruals | 5,156 | 4,741 |
| No es formin art ofthe financial stat |
ements f |
or the ear e |
nde | d 5th A ril | 202 | 1 | |
|---|---|---|---|---|---|---|---|
| 10 | Analysis oftotal net assets by fund | Unrestricted | Unrestricted | ||||
| capital | income | Total | |||||
| Fixed assets Net current assets |
1,763,044 7~37 327 |
103,140 | 1,763,044 63 373 |
||||
| 1,725,717 | 103,140 | 1,828,857 | |||||
| 11. | Outline summary offunds movements |
f | |||||
| Fund balances brought forward |
1346,896 | 118,014 | 1,364,910 | ||||
| Incoming resources | 41,658 | 41,658 | |||||
| Outgoing resources |
( | 9360) | ( | 56,532) | ( | 65,792) | |
| Gains and losses | 488,081 | 488,081 | |||||
| Fund balances carried forward | 1,725,717 | 103,140 | 1,828,857 |