2021-12-31-accounts

		Page
Report ofthe Trustees	1	to	3
Report ofthe Independent Auditors	4	to	5
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8	to	12
Detailed Statement ofFinancial Activities		13

		2021	2020
		Unrestricted	Total
INCOME AND ENDOWMENTS FROM	Notes	fund	fundsf
Donations and legacies		174,712	109,000
EXPENDITURE ON
Charitable activities
Fylde Coast YMCA Keep Britain Tidy		50,000	109,000
			5,000
Total
		50,000	114,000
Net gains on investments		8576468
NET INCOME/(EXPENDITURE)		8,701,180	(5,000)
RECONCILIATION OFFUNDS
Total funds brought forward		31,173,031	31,178,031
TOTAL FUNDS CARRIED FORWARD		39,874211	31,173031

		2021	2020
		Unrestricted	Total
		fund	funds
FIKEDASSETS	Notes		f.
Tangible assets Investments		163,410 39374468	163,410 30998000
		39,737,878	31,161,410
CURRENT ASSETS
Cash at bank
		136,333	11,621
NET CURRENT ASSETS		136,333	11,621
TOTAL ASSETSLESSCURRENT	LIABILITIES	39,874,211	31,173,031
NET ASSETS		39874211	31 173 031
FUNDS
Unrestricted funds		39,874211	31,173031
TOTAL FUNDS		39874.211	31173031

				THE LOFTHOUSE FOUNDATION
			NOTES	TO THE FINANCIAL STATEMEiNTS -condnued for the year ended 31December 2021
	3.	COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
					Unrestricted
					fund
		INCOME	AND ENDOWMENTS	FROM
		Donations	and legacies
					109,000
		EXPENDITURE ON
		Charitable	activities
		Fylde Coast YMCA
		Keep Britain Tidy			109,000
					5,000
		Total
					114,000
		NET INCOME/(EXPENDITURE)
					(5,000)
		RECONCILIATION OFFUNDS
		Total funds	brought forward
					31,178,031
		TOTAL FUNDS CARRIED FORWARD
					31173.331
4.		TANGIBLE	FIXEDASSETS
					Freehold
					property
		COST			6
		At 1 January	2021 and 31December	2021
					163410
		NET BOOK	VALUE
		At 31December 2021
					163410
		At 31December 2020
					163410

for the year ended 31D FIXEDASSETINVESTMENTS	ecember 2021
	Unbated
	investments
MARKET VALUE	f
At 1 January 2021
Revaluations	30,998,000 ~876468
At 31December 2021
	39574468
NET BOOKVALUE
At 31 December 2021
	39574,4611
At 31 December 2020
	30998.0DD

			Unlisted
			tnvesttnents
Valuation	in	2021
Cost			8,576,468
			3D.998.000
			39574 468

MOVEMEN	T IN FUNDS
				Net
				tnovement	At
			At 1/I/21	in funds	31/12/21
Unrestricted	funds			f.	f.
General fund
			31,173,031	8,701,180	39,874,211
TOTAL FUNDS
			31 173031	8,701 180	39874211
Net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
Unrestricted	funds	resources	expended f.	losses f	in funds 6
General fund		174,712	(50,000)	8,576,468	8,701,180
TOTAL FUNDS		174712	~50 000	8 576468	8 701,180

			Net
			movement	At
Unrestricted	funds	At 1/1/20 f	in funds f	31/12/20
General fund
		31,178,031	(5,000)	31,173,031
TOTAL FUNDS		31,178,031	~3000	31,173031

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted			funds		f,	f
General	fund
				109,000	(114,000)	(5,000)
TOTAL FUNDS
				109000	114,000	~5000
A current year			12months and prior year 12months combined	position is as follows:
					Net
					movement	At
				At 1/I/20	in funds	31/12/21
Unrestricted		funds
General	fund
				31,178,031	8,696,180	39,874,211
TOTAL	FUNDS

	Net
	movement	At
At 1/I/20	in funds	31/12/21
31,178,031	8,696,180	39,874,211
31,178.031	8696 180	39874211

		comne net mo	vement in funds, i	ncluded in the abo	ve are as follo
		Incoming	Resources	Gains and	Movement
Unrestricted	funds	resources	expended	losses f	in funds
General fund
		283,712	(164,000)	8,576,468	8,696,180
TOTAL FUNDS		283712	~164,000	~876468	8 696 180

	for the year ended 3	1December 2021
		2021	2020
INCOME	AND ENDOWMENTS
Donations	and legacies
Donations
Legacies		50,000	109,000
		124712
		174712	109000
Total incoming resources		174,712	109,000
EXPENDITURE
Charitable	activities
Grants to institutions
		50,000	114000
Total resources expended		50000	114,000
Net income/(expenditure)		124,712	~5000