||||Page|| |---|---|---|---|---| |Report ofthe Trustees||I|to|3| |Independent
Examiner's|Report|||| |Statement ofFinancial|Activities|||| |Balance Sheet||6|to|7| |Notes to the Financial Statements||8|to|14| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |REFERENCE AND ADMINISTRATIVE
DETAILS|REFERENCE AND ADMINISTRATIVE
DETAILS|||| |---|---|---|---|---| |Registered charity number:||1036285||| |Trustees:||Miss SR Coupe||| |||Mr FR Shackleton|- died|27/05/2021| |||Mr A J Dale||| |||Mr N EWalker||| |||Mrs JVBNewton||| |||Mr C Morley —appointed||16/09/2021| |Charity's|principal address:|38Teme Street||| |||Tenbury Wells||| |||Worcestershire||| |||WR15 8AA||| |Bankers:||TSBPic||| |||71 Teme Street||| |||Tenbury Wells||| |||Worcestershire||| |||WR15 8AQ||| |Solicitors:||Norris and Miles||| |||6 Market Square||| |||Tenbury Wells||| |||Worcestershire||| |||WR15 8BW||| |Stockbrokers:||EFG Harris Allday||| |||Ground Floor||| |||Beech House||| |||Anchorage
Avenue||| |||Shrewsbury
Business Park||SY26FG| |Approved|by order ofthe board oftrustees on„.|... and|signed|on its behalf by:| ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||Unrestricted|Total| ||||||funds|funds| |||||Notes|f.|| |INCOME|AND|ENDOWMENTS FROM||||| |Donations|and legacies||||29,999|398,022| |luvestment|income||||68,138|71,231| |Total|||||98,137|469,253| |EXPENDITURE||ON||||| |Raising funds|||||13,978|13,960| |Charitable|activities|||||| |Grant funding
activities|||||39,000|77,050| |Governance|costs||||2,087|3,688| |Other||||||20| |Total|||||55,065|94,718| |Net gains/(losses)||on|investments||392,872|(306,730)| |NET INCOME|||||435,944|67,805| |RECONCILIATION|||OF FUNDS|||| |Total funds|brought||forward||2,375,681|2,307,876| |TOTAL FUNDS||CARRIED FORWARD|||2,811,625|2,375,681| |||2021|2020| |---|---|---|---| |||Unrestricted|Total| |||funds|funds| ||Notes||f.| |FIXEDASSETS|||| |Investments|||| |Investments|10|2,392,872|1,967,819| |lnvcstmcnt
property|11|265,500|265,500| |||2,658,372|2,233,319| |CURRENT ASSETS|||| |Debtors|12|13,797|112,071| |Cash at bank||146,383|34,831| |||160,180|146,902| |CREDITORS|||| |Amounts
falling due within one year|13|(6,927)|(4,540)| |NKT CURRENT ASSETS||153,253|142,362| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||2,811,625|2,375,681| |NET ASSETS||2,811,625|2,375,681| ## ## |2,811,625|2,375,681| |---|---| |2,811,625|2,375,681| ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATIONS
AND LEGACIES||| |---|---|---| ||2021|2020| |||f.| |Donations|29,999|348,022| |Gift aid||50,000| ||29,999|398,022| ## |INVESTM|ENT INCOME||| |---|---|---|---| |||2021|2020| |||f.|| |Investment|income|67,309|70,893| |Deposit account interest||829|338| |||68,138|71,231| ## ## |Investment|management|costs||| |---|---|---|---|---| ||||2021|2020| ||||g|| |Portfolio management|||13,378|13,501| |Property repairs|||600|459| ||||13,978|13,960| ## ||||||Grant|||| |---|---|---|---|---|---|---|---|---| ||||||funding of|||| ||||||activities|Support||| ||||||(see note|costs|(see|| ||||||6)|note
f|7)|Totals| |Grant funding|activities||||39,000|||39,000| |Governance
costs||||||2,087||2,087| ||||||39,000|2,087||41,087| |GRANTS PAYABLE||||||||| ||||||||2021|2020| |Advancement|ofhealth or saving||oflives|||10,000||5,500| |Advancement|ofhuman
rights, equality|||and diversity|||500|30,000| |Advancement|ofcitizenship|or community|||development||6,000|5,000| |Advancement|ofeducation|||||||1,500| |Advancement|or religion||||||7,000|250| |Prevention
or|relief ofpoverty|||||||7,000| |Advancement|ofthe arts, culture,||heritage||or science||2,000|2,000| |Gifts for the benefit ofa particular|||locality||||2,500|300| |Relief ofthose in need by reason|||ofyouth,||disability or other disadvantage||7,000|22,500| |Support ofthe|armed forces|ofthe Crown||||||3,000| |Protection ofthe environment||||||4,000||| |||||||39,000||77,050| ## ## ## ## ## |9.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|| |---|---|---|---| ||||Unrestricted| ||||funds| ||INCOME AND ENDOWMENTS FROM||| ||Donations
and legacies||398,022| ||Investment
income||71,231| ||Total||469,253| ||EXPENDITURE ON||| ||Raising funds||13,960| ||Charitable
activities||| ||Grant funding
activities||77,050| ||Governance
costs||3,688| ||Other||20| ||Total||94,718| ||Net gains/(losses)
on|investments|(306,730)| ||NET INCOME||67,805| ||RECONCILIATION|OF FUNDS|| ||Total funds brought|forward|2,307,876| ||TOTAL FUNDS CARRIED FORWARD||2,375,681| ## |Listed investments|||||Total|Total| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||f|| |Market value at 31 March 2020|||||1,967,818|1,924,307| |Additions|||||202,626|837,423| |Disposals|||||(170,444)|(487,183)| |Realised gains/(losses)||—net|||31,628|101| |Unrealised
gains/(losses)||-net|||361,244|(306,830)| |Market value at 31March 2021|||||2,392,872|1,967,818| |Historical
cost at 31 March 2021|||||2,080,654|2,137,934| |The additions
and|disposals of||||Total|Total| |investtnents
during|the year are||stated||2021|2020| |after adjusting
for|stockbroker's||costs:-||f|| |||||Admin charges|200|560| |||||Stock Exchange levy|9|20| |||||Third patty charges||87| ||||||209|667| |Investments
at market value comprised;|||||2021|2020| |||||||f| |Equities|||||1,899,864|1,525,313| |Fixed interest securities|||||493,008|442,505| ||||||2,392,872|1,967,818| |Overseas
invested|funds|included|in the figures above;-|||| |Equities|||||163,062|153,534| |Fixed interest securities||||||| ||||||163,062|153,534| |Listed investments|are held 85'/0||in the General fund and|15'/0 in the Lancashire|fund, aR within|unrestricted| |funds.||||||| |INVESTMENT PROPERTY||||||| |FAIR VALUE||||||| |At I April 2020||||||| |and 31March 2021||||||265,500| |NET BOOK VALUE||||||| |At 31March 2021||||||265,500| |At 31March 2020||||||265,500| ## |12.|DEBTORS:AMOUN|TS FALLING DUE|WITHIN ONE YEAR||| |---|---|---|---|---|---| |||||2021|2020| |||||f|| ||Investment
income debtors|||6,297|8,321| ||Other debtors|||7,500|103,750| |||||13,797|112,071| |13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |||||2021|2020| ||||||f.| ||Other creditors|||6,927|4,540| |14.|MOVEMENT IN FUNDS||||| |||||Net|| |||||movement|At| ||||At 1.4.20|in funds|31.3.21| ||Unrestricted
funds||||| ||General fuud||2,038,324|379,013|2,417,337| ||Lancashire
Designated|Fund|337,357|56,931|394,288| ||||2,375,681|435,944|2,811,625| ||TOTAL FUNDS||2,375,681|435,944|2,811,625| ||||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---|---|---| ||||||resources|expended|losses|in funds| ||||||f.|f|f.|| |Unrestricted||funds||||||| |General|fund||||98,137|(53,065)|333,941|379,013| |Lancashire
Designated|||Fund|||(2,000)|58,931|56,931| ||||||98,137|(55,065)|392,872|435,944| |TOTAL|FUNDS||||98,137|(55,065)|392,872|435,944| |Comparatives||for movement||in funds||||| |||||||Net|Transfers|| |||||||movemeut|between|At| ||||||At 1.4.19
f|in funds|funds
f|31.3,20| |Unrestricted||funds||||||| |General|fund||||1,985,247|120,815|(67,738)|2,038,324| |Lancashire
Designated|||Fund||322,629|(53,010)|67,738|337,357| ||||||2,307,876|67,805||2,375,681| |TOTAL|FUNDS||||2,307,876|67,805||2,375,681| ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted|funds|||||| |General fund|||469,253|(87,718)|(260,720)|120,815| |Lancashire
Designated||Fund||(7,000)|(46,010)|(53,010)| ||||469,253|(94,718)|(306,730)|67,805| |TOTAL FUNDS|||469,253|(94,718)|(306,730)|67,805| ## ##